MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.95

Today's Change

+0.02 (1.04%)

Day's Change

1.92 - 1.97

Trading Volume

183,300

Overview

Market Cap

846 Million

NOSH

434 Million

Avg Volume (4 weeks)

156,131

4 Weeks Range

1.90 - 1.97

4 Weeks Price Volatility (%)

71.43%

52 Weeks Range

1.85 - 2.45

52 Weeks Price Volatility (%)

16.67%

Previous Close

1.95

Open

1.92

Bid

1.94 x 19,800

Ask

1.95 x 15,700

Day's Range

1.92 - 1.97

Trading Volume

183,300

Financial Highlight

Latest Quarter | Ann. Date

31-Jan-2022 [#3] | 18-Mar-2022

Next QR | Est. Ann. Date

30-Apr-2022 | 23-Jun-2022

T4Q P/E | EY

8.87 | 11.28%

T4Q DY | Payout %

3.48% | 30.89%

T4Q NAPS | P/NAPS

1.70 | 1.15

T4Q NP Margin | ROE

9.28% | 12.95%

Market Buzz
Company Profile

Sector: CONSUMER PRODUCTS & SERVICES

Sector: CONSUMER PRODUCTS & SERVICES

Subsector: PERSONAL GOODS

Subsector: PERSONAL GOODS

Description:

Magni-Tech Industries Bhd, through its subsidiaries, is principally engaged in manufacture and sales of garments. In addition, the company also manufactures and distribute flexible plastic and corrugated packaging products. The company is organised into two business segments namely Manufacturing and sales of packaging materials and Manufacturing and sales of garments. The group operates in Malaysia for manufacturing and sales of packaging materials and garments and in Vietnam for manufacturing and sales of garments. Manufacturing and sales of garments segment contribute majorly in the company's revenue.

Discussions
7 people like this. Showing 50 of 5,123 comments

All_in_2021

seems moving up again. And Vietnam Covid cases are slightly lower, probably on track to re-open in Oct

2021-09-24 17:43

EatCoconutCanWin

Nike share dropped huge, missed estimation

2021-09-26 08:06

kk t

hold long term wont rugi lah

2021-09-30 10:51

lim6448

Can anyone share some points of today AGM?

2021-09-30 19:14

All_in_2021

Important takeaway for me is they had been investing in automation all these while to reduce reliance on labour.

2021-09-30 21:39

All_in_2021

any idea is the vietnam factory resumed operation?

2021-10-01 09:32

awankign007

Officials will ease COVID-19 restrictions in Ho Chi Minh City from Oct. 1. Under the new measures, residents who have received at least one COVID-19 vaccine dose within 14 days or recovered from COVID-19 within six months can leave their homes and be outside. Authorities will lift inner-city checkpoints but will continue to deploy security personnel to patrol the city. Entry and exit controls in Ho Chi Minh remain in place; travelers must submit a request to the Transport Department to enter. Most businesses like malls, food establishments for takeaways, financial and legal institutions, hospitality facilities, and offices may reopen, among others. Ho Chi Minh's construction projects, and production facilities in industrial parks, export processing zones, and high tech parks in 21 districts, as well as Thu Duc City and Quang Trung Software Park, may also resume operations. Exhibitions, business meetings, and conferences may take place, though indoor activities are limited to at most 10 people and up to 70 people if all participants fully vaccinated. Religious, cultural, and sporting events are subject to the same restrictions. At most 15 people may attend outdoor activities, while 100 people can participate if fully vaccinated. Residents can engage in sports activities with up to 100 people if all participants are fully vaccinated. Weddings and funerals may take place with up to 20 attendees. Places of worship may also reopen. Public transport can operate at 50 percent capacity. Goods transportation between Ho Chi Minh and other localities can continue to operate. However, recreational establishments like bars, spas, massages and cinemas remain suspended, among others.

2021-10-01 11:41

awankign007

Ho Chi Minh City will ease some restrictions from October 1 and restart some production and business activities. Details will be provided as updates are released.

2021-10-01 11:42

Begineer

That's good news.

2021-10-01 17:05

All_in_2021

RsI shows oversold. Is it time to top up?

2021-10-02 14:13

Begineer

Top up a little bit. At this price, dividend yield not too bad

2021-10-07 22:09

investortrader88

Top up some tickets from my queue today.good luck guys

2021-10-21 20:37

KY

Yesterday huge volume transaction to wash out and believe something will happen...

2021-10-22 12:40

Bizfuneng

Too huge sale volume. Is still on down trend. Lower lows.

2021-10-22 15:34

Begineer

Covid situation getting better. Going back to normal soon hopefully

2021-10-28 13:35

investortrader88

Today managed to get some tickets at RM 2.09 from my queue.good luck guys.

2021-11-09 22:36

Begineer

Yea...... go go go .

2021-11-10 08:31

Bgt 9963

Break 2.00 then accumulate !

2021-11-10 08:37

Begineer

not sure will it drop further once the Qr report out

2021-11-17 18:17

Begineer

Wao... 2.05. Lowest in 52 weeks d

2021-11-18 12:55

Sneakpeek

It may get lower..my target 1.60

2021-11-19 10:41

Zackmeiser

The selling starts.

2021-11-23 21:08

valuewood11

can anyone share why it is dropping so much?

2021-11-23 23:55

Begineer

Guess is due to the expected poor QR

2021-11-24 10:55

CakapSohaiThings

@valuewood11 broke support, no catalyst to push it higher.

Personally, I will try to collect at 1.6 and/or 1.5. Else, just buy stocks that will benefit from the upcoming interest rate hike (catalyst).

2021-11-24 11:01

awankign007

GG d la this one, Vietnam fac also cant do much

2021-11-24 11:02

Jason2002

Check Vietnam covid case, then you know why it drop...

2021-11-24 15:39

Begineer

The complete vaccination rate is ~50%. It's going to get better

2021-11-24 21:52

All_in_2021

i think this quarter's result will not be good. Will have to wait for next year. They also sold a piece of land where the gain will come in next year

2021-11-25 17:08

leekh5555

labour intensive industries need extra careful for ESG.

2021-11-25 18:16

Zackmeiser

Magni partnered with Nike for years (apple term for sports apparel). I dont think ESG would be an issue. Lockdown n poor quarter is probably why. Company is net cash. So just sit tight and topup bit by bit. That said near term sentiments are poor generally. Expect to reach 1.8ish.

2021-11-26 15:30

Begineer

Yea... if it go down, top up slowly

2021-11-26 17:09

All_in_2021

Yes, this quarter's result will be bad as well...hope for a better one in the future. They have gain on land disposal next year as well

2021-11-29 20:47

chesslim

Cash flow history new high, maybe this Q hv special dividen.

2021-12-20 23:01

Begineer

when Qr report out?

2021-12-21 18:45

ccy123

Very funny, their packaging company incurred flooding last week but totally no announcement to Bursa

2021-12-27 09:49

Maxpowar

@ccy123 how you know? Got proof? How badly was it affected? Are you vested in the company?

2021-12-27 17:53

All_in_2021

Quarter Result out.. Not as bad as expected.. Hope for better qtr ahead

2021-12-27 19:15

remus

PBT 20.2m included one off gain of 17m from disposal of property.
this QR only 1 month operation, didn't incur losses considered good d.

2021-12-27 19:39

ITreeinvestor

After adjusting for one-off disposal and foreign exchange
gain amounting to RM17.3m, Magni slipped into a core net loss of RM0.2m.

2021-12-28 09:24

yfchong

Revisiting. Magni

2022-01-01 18:54

Zackmeiser

Acceptable quarter given circumstances

2022-01-04 21:05

Begineer

go go go

2022-01-05 16:08

chesslim

记住,当别人恐惧时你要贪婪。

2022-02-16 00:48

KokWeng

Back to RM 2, cantik sekali

2022-02-16 00:49

Begineer

Yea... go go

2022-02-17 12:03

All_in_2021

Qtr result soon...any idea gonna be good?

2 months ago

Zackmeiser

Eps improved compare to previous quarter. Business slowly improving. Raw cost might erode earnings though. FY22 will be tough.

2 months ago

Post a Comment