Highlights
KLSE: MAGNI (7087)       MAGNI-TECH INDUSTRIES BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
2.33   -0.04 (1.69%)  2.28 - 2.36  641,600
Trade this stock and win a FREE I3investor T-shirt after 5 trades. Find out more.

Overview

Market Cap: 1,011 Million
NOSH: 434 Million
Avg Volume (4 weeks):239,115
4 Weeks Range:2.20 - 2.45
4 Weeks Price Volatility (%):
52.00%
52 Weeks Range:2.00 - 2.66
52 Weeks Price Volatility (%):
50.00%
Average Price Target: 2.94
Price Target Upside/Downside: +0.61
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 30-Apr-2021 [#4]  |  23-Jun-2021
Next QR | Est. Ann. Date: 31-Jul-2021  |  08-Sep-2021
T4Q P/E | EY: 7.95  |  12.58%
T4Q DY | Payout %: 4.76%  |  37.84%
T4Q NAPS | P/NAPS: 1.5982  |  1.46
T4Q NP Margin | ROE: 10.37%  |  18.34%

Headlines

Date Subject
24-Jun-2021 MAGNI-TECH INDUSTRIES BERHAD - In-Line With Expectations
24-Jun-2021 Mplus Market Pulse - 24 Jun 2021
17-Jun-2021 PublicInvest Research Headlines - 17 Jun 2021
10-Jun-2021 美特工业上挑RM2.52/敏源
12-Apr-2021 美特工业长期乐观
10-Mar-2021 MAGNI(7087)业绩不减反增,继续走强?
10-Mar-2021 Daily technical highlights – (SCIB, MAGNI)
09-Mar-2021 【行家论股/视频】美特工业 需求强劲激励财测
09-Mar-2021 MAGNI-TECH INDUSTRIES BHD - VERDICT?
09-Mar-2021 Magni-Tech Industries Berhad - Recovery In Apparel Sales
09-Mar-2021 Mplus Market Pulse - 9 Mar 2021
09-Mar-2021 PublicInvest Research Headlines - 9 Mar 2021
04-Dec-2020 Magni-tech Industries Berhad - Dragged By Lower Garment Sales
08-Oct-2020 Stocks On Radar - Magni-Tech Industries (7087)
29-Sep-2020 Daily Technical Highlights - (MAGNI, BRDHCOM)
10-Sep-2020 PublicInvest Research Headlines - 10 Sep 2020
10-Sep-2020 Mplus Market Pulse - 10 Sep 2020
10-Sep-2020 美特工业迈向RM2.32/敏源
09-Sep-2020 Magni-tech Industries Berhad - In-line With Expectations
09-Sep-2020 Mplus Market Pulse - 9 Sep 2020

Business Background

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.
Analyze this stock with MQ Trader system

  7 people like this.
 
up2_sky Olympic Mari mari
25/03/2021 9:09 PM
apple168 https://news.seehua.com/?p=678252
26/03/2021 6:09 AM
rojakmee its a good thing on the boycott , more sales coming to Magni while less for China nike factories
26/03/2021 10:21 AM
Felixck This boycott happened quite frequently...

Long term investor take opportunity to accumulate.

Cheer
26/03/2021 10:27 AM
dchin472 https://www.chinapress.com.my/20210326/%E5%A6%82%E6%9E%9C%E8%80%90%E5%85%8B%E7%8E%B0%E5%9C%A8%E5%87%8F%E4%BB%B7-45%E4%B8%AD%E5%9B%BD%E7%BD%91%E5%8F%8B%E8%AF%B4%EF%BC%9A%E4%BC%9A%E4%B9%B0/
26/03/2021 12:52 PM
dchin472 so at the end ,when nike offer they also queue and buy haha
26/03/2021 12:52 PM
apple168 US-China conflict ever escalating... without China market, Nike will suffer huge loss! Many Nike retail outlets closed down in many countries... be careful guys...
26/03/2021 2:00 PM
Steven Tan Magni is very vulnerable to Nike's recent move in China. Although Magni does not export to China, but its main revenue contributor is Nike. If you read its annual report carefully, most of the garment-related revenue is from Nike.

If Nike is affected, so does Magni. Better run now before the conflicts become worse.
26/03/2021 4:12 PM
vzcb1t Magni doesn't make sport shoes.
27/03/2021 2:52 AM
Huat 888 time to collect more
27/03/2021 5:30 PM
Starship2 Based fortune.com, "A quarter of China's sportswear production is idle, the result of global brands moving production because of the U.S.-China trade war". This is old news before the current controversy of cotton from Xingiang. I wonder whether this new development is a positive for Magni...
28/03/2021 5:33 PM
satt1984 https://www.chinapress.com.my/?p=2451574 hello is this the way to show boycott aka buy more..nike is major sponsor of winter olympic for next year so impossible for them to banned.
28/03/2021 10:04 PM
up2_sky https://www.chinapress.com.my/?p=2450897
28/03/2021 10:34 PM
apple168 https://markets.businessinsider.com/news/stocks/nike-stock-price-china-boycott-cotton-xinjiang-uyghurs-weibo-beijing-2021-3-1030246063
29/03/2021 6:40 AM
rojakmee its a good thing for magni, with boycott of xinjinag cotton which most garment factories in china used, there will be increase in Magni sales
29/03/2021 8:02 AM
Bgt 9963 Good morning...!
29/03/2021 8:31 AM
Bolo88 Gonna up soon lo
30/03/2021 12:28 AM
Bolo88 All comes to magni
30/03/2021 12:29 AM
Starship2 Nike may take a hit because of their many factories in China. But global demand for Magni's products would still be there. But wonder where they souce their cotton from. Some stats show that the US is the largest producer followed by countries like India.
30/03/2021 3:59 PM
chesslim 记住,当别人恐惧时你要贪婪。
30/03/2021 6:07 PM
New994 the Normal PE around 10 and now only around 8
02/04/2021 11:04 AM
rojakmee the PE will even get better in the coming qtr, waiting for RM3+


New994 the Normal PE around 10 and now only around 8
02/04/2021 11:04 AM
02/04/2021 2:10 PM
Bolo88 buy this stocks for dividents also worth
02/04/2021 10:10 PM
rojakmee https://klse.i3investor.com/blogs/kianweiaritcles/2021-04-08-story-h1563219968-Myanmar_crisis_sounds_death_knell_for_garment_industry_jobs_and_hope.jsp
08/04/2021 3:50 PM
rojakmee the news above has positive effect on Magni, sure order will be full in the coming qtr
08/04/2021 3:51 PM
Booyeah https://jawplace.com/quarterly-result-review-10-magni-tech-industries-berhad-7087-value-vs-growth-why-not-both/
17/04/2021 1:17 PM
Bolo88 yup sure shoot up soon
21/04/2021 10:47 AM
sten_still nike up, magni up
22/04/2021 9:20 AM
Huat 888 collect
29/04/2021 8:45 AM
Bgt 9963 Hoot9e...!
29/04/2021 8:51 AM
Cakes Moon At this difficult time, better play safe with this dividend stock.
02/05/2021 12:01 PM
rojakmee Next QTR results should be good , more than 10 cents
21/05/2021 9:44 AM
rojakmee TP RM 3.2
21/05/2021 9:51 AM
legend0105 With rising commodity prices (Cotton up by 6%, paper/lumber up 64%), how do you guys reckon these will affect magnitech results in the coming quarters? Any info on if they do hedging?
25/05/2021 12:02 PM
Booyeah https://jawplace.com/quarterly-result-review-10-magni-tech-industries-berhad-7087-value-vs-growth-why-not-both/
31/05/2021 11:56 PM
Begineer interesting
09/06/2021 6:37 PM
Huat 888 Once breaks 2.45..next 2.66
11/06/2021 10:46 PM
rojakmee Vietnam's garment export up 15 pct in 5 months - Xinhua | English.news.cn
http://www.xinhuanet.com/english/asiapacific/2021-06/03/c_139986608.htm
14/06/2021 7:58 PM
Begineer Nice ....
15/06/2021 7:36 PM
rojakmee selling land & building in penang, money for expansion in Vietnam I think .... TP 3.5 just hold
17/06/2021 11:22 AM
kens88 simply say
17/06/2021 11:32 AM
Begineer Maybe higher dividend ?
17/06/2021 7:27 PM
Cakes Moon Result out next week, gap up!!!
20/06/2021 10:12 AM
rojakmee Why need to sell when they are already cash rich with 350m in the bank , this is surely for business expansion in Vietnam , TP RM3.5
20/06/2021 9:08 PM
kens88 what are the odds nike drop magni as supplier? since malaysia always got forced labour issue?
23/06/2021 7:46 PM
petnch2020 kens88,

Magni main operation is actually in Vietnam. They have 10 factories located mostly in Ho Chi Minh area with a total combined of 13,600 line workers. Most of the workers in Vietnam are locals. The 2 factories in Penang are relatively small compared to those in Vietnam.

So i don't think they have issues with forced labour.
23/06/2021 10:04 PM
wallstreetrookie Pretty decent still in these trying times. However, still neutral on Magni
23/06/2021 10:11 PM
Begineer Hold for long term. Dividend yield not bad
24/06/2021 2:13 PM
Begineer Is anyone aware of the plan for JV in indonesia?
https://klse.i3investor.com/servlets/ptres/60046.jsp
24/06/2021 7:03 PM
Najib Zamry Good company tO invest
24/06/2021 7:39 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program
 
 

219  725  534 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SERBADK 0.535-0.06 
 FINTEC 0.03-0.005 
 MMAG 0.165+0.005 
 DNEX 0.76-0.05 
 KNM 0.165-0.015 
 SERBADK-WA 0.10-0.005 
 SANICHI 0.055-0.01 
 M3TECH 0.07+0.005 
 GOB 0.37-0.02 
 HSI-HGN 0.025-0.005 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS