MAGNI-TECH INDUSTRIES BHD
KLSE (MYR): MAGNI (7087)
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Last Price
1.75
Today's Change
-0.01 (0.57%)
Day's Change
1.74 - 1.77
Trading Volume
29,100
Overview
Market Cap
759 Million
NOSH
434 Million
Avg Volume (4 weeks)
105,295
4 Weeks Range
1.70 - 1.83
4 Weeks Price Volatility (%)
38.46%
52 Weeks Range
1.68 - 2.07
52 Weeks Price Volatility (%)
17.95%
Previous Close
1.75
Open
1.77
Bid
1.74 x 5,900
Ask
1.75 x 700
Day's Range
1.74 - 1.77
Trading Volume
29,100
Financial Highlight
Latest Quarter | Ann. Date
31-Jan-2023 [#3] | 09-Mar-2023
Next QR | Est. Ann. Date
30-Apr-2023 | 23-Jun-2023
T4Q P/E | EY
7.88 | 12.70%
T4Q DY | Payout %
5.14% | 40.46%
T4Q NAPS | P/NAPS
1.85 | 0.95
T4Q NP Margin | ROE
7.88% | 12.02%
Market Buzz
2023-03-23
2023-03-23
2023-03-20
News and Blogs
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 5,147 comments
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
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
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
Very funny, their packaging company incurred flooding last week but totally no announcement to Bursa
2021-12-27 09:49
@ccy123 how you know? Got proof? How badly was it affected? Are you vested in the company?
2021-12-27 17:53
Quarter Result out.. Not as bad as expected.. Hope for better qtr ahead
2021-12-27 19:15
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
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
Eps improved compare to previous quarter. Business slowly improving. Raw cost might erode earnings though. FY22 will be tough.
2022-03-18 22:20
Obviously, the stock will be higher in the short term. If you have observed the stock for the past few days, you will feel the underlying strength.
2022-06-09 21:39
If you buy a little bit more, banker will push it down... Test to see if your heart is strong
2022-06-13 21:32
Booming demand for Vietnam products in CQ1 onwards......
Good for Magni-Tech??
2022-06-23 11:19
Casino royale money is back to Magni! Magni is deeply undervalued, a diamond not to miss at the moment! World Cup 2022 is coming up, expected high football jersey demand, earning in the form of USD, of course the highlight of cash per share 0.91… hence, personally believe management will give out high dividends payout in December 2022… Cheers!
2022-11-14 14:40
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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