MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.41

Today's Change

-0.04 (1.63%)

Day's Change

2.41 - 2.47

Trading Volume

183,300

Financial
Market Cap

Market Cap

1,044 Million

NOSH

433 Million

Latest Quarter

Latest Quarter

31-Oct-2024 [#2]

Announcement Date

03-Dec-2024

Next Quarter

31-Jan-2025

Est. Ann. Date

18-Mar-2025

Est. Ann. Due Date

01-Apr-2025

QoQ | YoY

-42.06% | 18.74%

T4Q Result

Revenue | NP to SH

1,517,537.000 | 144,407.000

RPS | P/RPS

350.24 Cent | 0.69

EPS | P/E | EY

33.33 Cent | 7.23 | 13.83%

DPS | DY | Payout %

34.80 Cent | 14.44% | 104.43%

NAPS | P/NAPS

2.14 | 1.13

QoQ | YoY

2.91% | 43.16%

NP Margin | ROE

9.52% | 15.57%

F.Y. | Ann. Date

31-Oct-2024 | 03-Dec-2024

Latest Audited Result

Latest Audited Result

30-Apr-2024

Announcement Date

30-Aug-2024

Next Audited Result

30-Apr-2025

Est. Ann. Date

30-Aug-2025

Est. Ann. Due Date

27-Oct-2025

Annual (Unaudited)

Revenue | NP to SH

1,341,096.000 | 128,410.000

RPS | P/RPS

309.52 Cent | 0.78

EPS | P/E | EY

29.64 Cent | 8.13 | 12.30%

DPS | DY | Payout %

11.80 Cent | 4.90% | 39.83%

NAPS | P/NAPS

2.06 | 1.17

YoY

34.64%

NP Margin | ROE

9.58% | 14.38%

F.Y. | Ann. Date

30-Apr-2024 | 25-Jun-2024

Annualized Result

Revenue | NP to SH

1,576,844.000 | 141,018.000

RPS | P/RPS

363.93 Cent | 0.66

EPS | P/E | EY

32.55 Cent | 7.40 | 13.50%

DPS | DY | Payout %

-

NAPS | P/NAPS

-

QoQ | YoY

-21.03% | 29.35%

NP Margin | ROE

8.94% | 15.21%

F.Y. | Ann. Date

31-Oct-2024 | 03-Dec-2024

Business Process

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 0 / 4 0.00% 0 / 8 0.00%
Total Positive Profit Years 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Profit Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted EPS Growth 0 / 4 0.00% 0 / 8 0.00%
Total Dividend Years 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Dividend 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Dividend Growth 2 / 4 50.00% 2 / 8 25.00%
Continuous Quarters Of Adjusted Dps Growth 2 / 4 50.00% 2 / 8 25.00%
Average ROE 4.00% 3.53%
Average Net Profit Margin 9.47% 9.16%

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Quarters Of Revenue Growth 2 / 5 40.00% 2 / 10 20.00%
Total Positive Profit Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Positive Profit 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Profit Growth 2 / 5 40.00% 2 / 10 20.00%
Continuous Quarters Of Adjusted EPS Growth 2 / 5 40.00% 2 / 10 20.00%
Total Dividend Years 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Dividend 5 / 5 100.00% 10 / 10 100.00%
Continuous Quarters Of Dividend Growth 2 / 5 40.00% 2 / 10 20.00%
Continuous Quarters Of Adjusted Dps Growth 2 / 5 40.00% 2 / 10 20.00%
Average ROE 15.32% 19.91%
Average Net Profit Margin 9.44% 9.27%
Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 1,517,537 1,576,844 1,341,096 1,083,792 1,194,898
NP to SH 144,407 141,018 128,410 101,285 112,889
Dividend 150,802 242,686 51,147 35,486 41,463
Adjusted EPS 33.33 32.55 29.64 23.38 26.05
Adjusted DPS 34.80 56.01 11.80 8.19 9.57

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.

Growth

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue -19.83% 21.98% 28.83% -7.53% 5.59%
NP to Owner -42.06% 18.74% 29.35% -28.35% -15.63%
Dividend 359.82% 945.05% 459.89% 164.33% 315.27%
Adjusted EPS -42.06% 18.74% 29.35% -28.35% -15.63%
Adjusted DPS 359.82% 945.05% 459.89% 164.33% 315.27%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 13.16% 27.00% 40.02% 17.58% 31.96% 45.49% 10.62% 12.24% 23.74%
NP to Owner 12.46% 27.92% 42.57% 9.82% 24.92% 39.23% 34.64% 13.75% 26.78%
Dividend 194.84% 263.70% 324.96% 374.49% 485.29% 583.89% 31.11% 23.35% 44.13%
Adjusted EPS 12.46% 27.93% 42.58% 9.82% 24.92% 39.23% 34.64% 13.75% 26.78%
Adjusted DPS 194.80% 263.65% 324.90% 374.49% 485.29% 583.89% 31.11% 23.35% 44.13%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

Discussions
7 people like this. Showing 50 of 5,246 comments

observatory

For Q2, check the AGM minutes and key matters discussed at its website. Under corporate governance.

The company explains “These are prepayments to suppliers which have been settled
after the end of FYR 2023.”

However, when I refer to Note 9, there is a separate item for prepayments. I don’t understand the difference.

2024-06-25 17:49

Thirai Thiraviam

@observatory - thanks for your input. I checked the document you mentioned, and googled for the difference between the two items, and this is what got:

Sundry Receivables
Definition: Small, miscellaneous amounts owed to the company by various parties for different reasons.
Examples: Refunds, small debts, reimbursements, etc.

Prepayments
Definition: Amounts paid in advance for goods or services that the company will receive in the future.
Examples: Advance payments for goods, services, rent, insurance, etc.

Anyway, in the latest Q, the receivables have reduced to RM123.5 mil from RM151.4 mil a year ago. So, this is no longer a concern.

2024-06-26 10:37

shawn88

Good qr but price dropping

2024-06-26 16:41

ProfitBaM

collect more

2024-06-28 09:44

MR. BEAN

Nike share price drop 20% following disappointing sales forecast. Hold tight.

2024-06-30 00:18

snake_eye

morubozu..bullish trend coming

2024-07-03 22:20

shawn88

Boss keep buying

2024-07-05 18:40

bullvestor

Do they sell garment materials or garments

2024-07-31 01:12

Supernoob

Gd result coming....big big dividend pls !!!

2024-08-29 22:02

Najib Zamry

Solid result …..best of the best

2024-09-03 21:00

UnicornP

But a bit on the high side.

2024-09-03 21:35

Supernoob

Oh man...pls pay la more !!! very stingy mgmt..hoarding so much cash!

2024-09-03 22:35

UnicornP

Speculating @ 2.57

2024-09-04 14:56

pang72

5c dividend X 4 =20c at 2.59 yield 7.7%
Highest in bursa leh!!

2024-09-04 16:52

pang72

Public bank gives target $3.26!
The excellent QR+5c dividend shall push it to $3.26 by this Friday.

2024-09-04 17:06

pang72

Huge cash reserve back for the stock price.
Zero worrying

2024-09-04 17:07

UnicornP

Good pang is here! 🤗

2024-09-04 17:15

pang72

It is too attractive of not coming here

2024-09-04 18:28

pang72

I do not want to miss the good stock in Red Sea...

2024-09-04 18:29

pang72

Some more supports by public bank 3.26..

2024-09-04 18:29

gladiator

This is growth stock, double digit growth. Not to miss growth stock.

2024-09-04 19:07

gladiator

Buy first before Kyy buy.

2024-09-04 19:12

speakup

Kyy maybe already bought.
once high high then he will write Buy Call in i3
then u follow u die

2024-09-05 07:53

pang72

Hihi hi.... $2.51...... 8% dividend
$2.00 10% dividend

2024-09-05 12:53

pang72

One stock can beat everyone in i3..

2024-09-05 12:53

pang72

$2.54....... Rebound... Wait la...

2024-09-05 15:06

pang72

Uncle YY so pro this round bought MAGNI..
This stock is AA stock..
Nothing to critic from cash to earning

2024-09-05 15:07

pang72

If can get 10% a year will be wonderful

2024-09-05 15:08

pang72

Let's more people selling to me in cheap

2024-09-05 15:08

UnicornP

<100k desired volume daily

2024-09-06 11:03

UnicornP

If I assume anything below 500k volume..

2024-09-06 16:03

faruqie

steady growth

2024-09-09 06:18

Supernoob

$1bil market cap but cash RM600mil!!! crazy company. Just interest income one year already RM20mil++!!!

2024-09-10 20:00

faruqie

that’s why we need more dividend

2024-09-11 02:35

larrylyb

The can easily afford more dividends, but guess management is conservative. Very little info out there about this company and their business.

2024-09-12 15:58

UnicornP

Magni worth RM3.

2024-09-13 11:09

larrylyb

Hard to say as business is dependent on one major customer, not sure what is their moat. Also depends on what they do with the cash. If more of it comes out as dividends or share buy back and assuming business goes on as usual, will be worth more.

2024-09-13 18:56

Supernoob

Don't need to say target price like broker..it's a waste of time. The biz is very simple and it's benefit from trade diversion. Do remember Magni is just one of the many supplier to Nike and it doesn't matter.. they have been doing this for so long.

2024-09-13 22:09

Supernoob

Best gauge for this kind of business is DDM. Assume it continue to pay 4 cents every quarter (annualise) and discount it by 5% yield. That will be will roughly the price that i will pay to take over the whole co. This co is a turtle co and not suitable for goreng kaki. So dont need to look at here.

2024-09-13 22:13

tckhern

why price up today? any insider info?

4 weeks ago

Tanleechoo

1)special dividend?2) Bonus share ?

4 weeks ago

Najib Zamry

I will not be surprised if they are going to announce dividend of 20 sen per share anytime soon

4 weeks ago

onward

waoooo....special dividend 23 cent. Huat ar

2 weeks ago

gladiator

Wow special dividend 20 sen paid on 27 Dec.

2 weeks ago

Najib Zamry

I have said that in one week ago that Magni is going to announce 20 sen per share and guess what my dream really come true. To very much

2 weeks ago

Papayashot

Hi Najib, why you would have thought that MAGNI is going to announce special dividend a week ago? Any hints?

2 weeks ago

Supernoob

it's an amazing business...cash rich, debt free. Most importantly, you should pay attention to its free cash flow!

2 weeks ago

Supernoob

Amazing...deposit rates went higher again above 4%. That should enough to anchor the interest income for another year!

1 week ago

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