pharker Latest catalysts... 1. thanks to Trump, trade war has shifted focus to Vietnam, major textile hub where they have a strong presence 2. Vietnam new plant now commissioned and begin operation to capitalise on the additional orders 3. One prominent global sports apparel , name start with "N...", Magni's major customer, has inked an agreement with Plexus for more new orders , part of N... risk management policy to mitigate concentration risk and diversify suppliers 4. previous quarter loss more like non cash depreciation.. 5. Insider director has been accumulating for the past few months..go check bursa record for yourself
Power up...diversify your magni and buy some plexus..just like what N... did, diversify their suppliers 01/10/2019 11:02 AM
EX-date 14 Oct 2019 Entitlement date 15 Oct 2019 Entitlement time 05:00 PM Entitlement subject Bonus Issue Entitlement description Bonus issue of 108,487,894 new ordinary shares in Magni-Tech Industries Berhad ("Magni") ("Bonus Shares") on the basis of one (1) Bonus Share for every three (3) ordinary shares held in Magni after the Share Split (as defined below) ("Bonus Issue") Period of interest payment to Financial Year End 30 Apr 2020 Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement Registrar or Service Provider name, address, telephone no PLANTATION AGENCIES SDN BERHAD 3rd Floor, Standard Chartered Bank Chambers 2, Leboh Pantai 10300 Tel:04-2625333 Fax:04-2622018 Payment date a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 15 Oct 2019 b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. Number of new shares/securities issued (units) (If applicable) Entitlement indicator Ratio Ratio 1 : 3 Rights Issue/Offer Price Par Value (if applicable)
EX-date 14 Oct 2019 Entitlement date 15 Oct 2019 Entitlement time 05:00 PM Entitlement subject Subdivision Entitlement description Share split involving the subdivision of every one (1) existing ordinary share in Magni-Tech Industries Berhad ("Magni") held on the Entitlement Date into two (2) ordinary shares in Magni ("Subdivided Shares") ("Share Split") Period of interest payment to Financial Year End 30 Apr 2020 Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement Registrar or Service Provider name, address, telephone no PLANTATION AGENCIES SDN BERHAD 3rd Floor, Standard Chartered Bank Chambers 2, Leboh Pantai 10300 Tel:04-2625333 Fax:04-2622018 Payment date a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 15 Oct 2019 b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. Number of new shares/securities issued (units) (If applicable) Entitlement indicator Ratio Ratio 1 : 2 Rights Issue/Offer Price Par Value (if applicable)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
pang72
51,934 posts
Posted by pang72 > 2019-09-29 18:58 | Report Abuse
New factory can boost the more output.
So, very conservative of 18.76c for next quarter..
Estimated above 20c...