One interesting thing I find about this company is how the executive directors are rewarded. Unlike the companies I've seen, the directors of Magni-Tech are paid mostly via bonuses or incentives. About 70% of the executive director's remuneration are from bonuses and incentives, with the rest being the standard fixed salary and BIK. Most companies I've seen only have tiny bonuses, maybe around 10% only.
This seems to have driven the executive directors to deliver, and they indeed have done so over the years. A sign of a very good company imo
Also, does anyone happen to know who is the big customer of Magni? The one that gives them 90% of its revenue. It seems like a big global company of some sort, but I have no idea who.
Any new move/plan from management? Plan that can be boost revenues or demand in several years ahead. Disadvantage for a company have a single major customer.. Pls, lady and gentlemen this is not a question for asking Magni tomorrow will gogogo or not .. or something like my calculation of target price is 3++ or 4++.. etc. Its a basic senses of business for every investor must take consideration.
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....
gnail
343 posts
Posted by gnail > 2020-10-01 20:45 | Report Abuse
sell ur house, sell ur car, all in magni.