Highlights
KLSE: MAGNI (7087)       MAGNI-TECH INDUSTRIES BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
6.21   +0.29 (4.90%)  5.95 - 6.25  466,500
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Overview

Market Cap: 1,010 Million
NOSH: 163 Million
Avg Volume (4 weeks):143,800
4 Weeks Range:5.04 - 6.25
4 Weeks Price Volatility (%):
96.69%
52 Weeks Range:3.88 - 6.25
52 Weeks Price Volatility (%):
98.31%
Average Price Target: 5.81
Price Target Upside/Downside: -0.40
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 31-Jul-2019 [#1]  |  10-Sep-2019
Next QR | Est. Ann. Date: 31-Oct-2019  |  12-Dec-2019
T4Q P/E | EY: 9.09  |  11.00%
T4Q DY | Payout %: 4.03%  |  36.60%
T4Q NAPS | P/NAPS: 3.44  |  1.81
T4Q NP Margin | ROE: 9.86%  |  19.86%

Headlines

Date Subject
17-Sep-2019 [12Invest] 壹贰讲股 - 浅谈Magni 之“美女”股
12-Sep-2019 上升股:美特工业阻力RM6.16
11-Sep-2019 [转贴] 5分钟看懂美女 MAGNI(7087) Q1 2020 季报 ~ 第一天
11-Sep-2019 MAGNI-TECH INDUSTRIES BERHAD - Strong Start of the Year
10-Sep-2019 Magni-Tech Industries Bhd 1Q FY 2020 Update Report (HOLD)
06-Sep-2019 Trading Stocks - Magni-Tech Industries
03-Sep-2019 Stocks on Radar - Magni-Tech Industries (7087)
30-Aug-2019 Trading Stocks - 30 August 2019
26-Aug-2019 Trading Stocks - Magni-Tech Industries
26-Aug-2019 Stocks on Radar - Magni-Tech Industries (7087)
05-Aug-2019 Trading Stocks - Magni-Tech Industries
03-Aug-2019 上升股:美特工业阻力RM5.44
02-Aug-2019 [转贴] 美女(MAGNI)分拆+红股之我见 ~ 第一天
02-Aug-2019 Magni-Tech Industries Berhad - Proposed Share Split and Bonus Issue
02-Aug-2019 Mplus Market Pulse - 2 Aug 2019
16-Jul-2019 《《 简易基础分析 -美特工业MAGNI (7087) 》》
15-Jul-2019 Trading Stocks - Magni-Tech Industries
13-Jul-2019 上升股:美特工业阻力RM5.47
12-Jul-2019 Daily Technical Highlights – (MAGNI, KAWAN)
11-Jul-2019 Stocks on Radar - Magni-Tech Industries (7087)

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.
 
SEEMAL Hold it
11/09/2019 6:51 PM
William Ng Maybe he/she stuck since 2017 when the price is rm7?
11/09/2019 6:59 PM
VSLSB @apple168: I should ask you the same. Why are you worried about my stand on Magni? I'm not concerned so much about Mr Trump's view on trade, as long as Magni (and Nike) does well, should we be really bothered? Moreover he has been president for 3 years, during these 3 years Magni has been consistent in dishing out dividends, how would another year be any different?

Magni's jump in profit is not hot air like London Biscuit, it is backed by increase in cash and assets which resulted in increase of NTA per share. People pay for that growth, not just coz you say its overvalued.
11/09/2019 7:30 PM
klse888 frankly speaking, magni is not the good stock for those looking for 5-10% profit in short term or day trade, they should look for those active stock instead
11/09/2019 9:37 PM
VSLSB @klse888 Usually I wouldn't even bother investing a company for a 5 to 10% return. If that is the kind of returns you are looking for, then you are better off investing in ASNB. Lower risk with virtually guaranteed returns of around 5.5 to 6.5% p.a.
12/09/2019 1:41 AM
apple168 12 reasons not to buy Magni:-
1. Ringgit continues to strengthen against US dollar
2. Raising labor cost
3. Raising material cost
4. China sports brand Companies are Nike Strong competitors (Li Ning, Xtep, Kbird, 361 and many others) which sell good quality branded garments at cheaper price. The trend now prefers China products compared to US products for instance HuaWei outbeat Apple.
5. China has the biggest garment market! Ppl of China are boycotting Nike-US products!
6. Only produce Nike garment (Depends on Nike sales).
7. Current magni share price of near 6 is near 100% premium from magni NTA price. Looking at magni peers ie prlexus share price is still bearish...
8. Many of retailers prefer to buy pirated Nike products and sell to consumers at affordable price.
9. Magni shares has low liquidity risk
10. Trading Markets flavors oil and construction related shares compared to garments. Current theme is oil and construction!
11. Trump going trade war against Vietnam!
12. Magni directors share buy back at 5+ to 6+ in 2018 and thereafter, magni share price crashed to 3.8+!

This is merely to share our opinions on magni! Greedy kill! Be informed that final decision to buy or sell is always yours!
12/09/2019 8:47 AM
William Ng No.6 is the weakness of magni
12/09/2019 10:16 AM
William Ng Your no8 point is against no.5
12/09/2019 10:17 AM
William Ng Nike = branded, iphone= branded, why yongster wanna buy iphone?
12/09/2019 10:18 AM
William Ng Even uncle uncle also buy iphone, why?
12/09/2019 10:55 AM
apple168 Economic recession still buy expensive Nike shirt? Crazy!

William, did you read the Apple company report that the iPhone sales dropping QoQ and YoY? If you are blind, stop leading the blind too! Dangerous indeed!
12/09/2019 12:33 PM
lcng123 apple168, no matter what reasons you mentioned, the result told everything. Maybe... maybe Magni present a very very bad result in next quarter, otherwise I will treat your comments as rubbish.
12/09/2019 12:51 PM
cyeec2000 Apple168 you should put your money to mbi, jjptr which more faster returned, magni is too slow for you
12/09/2019 12:58 PM
apple168 Our clients hv sold off and lock their profits on magni shares! Be informed!
12/09/2019 4:16 PM
apple168 Greedy kills!
12/09/2019 4:16 PM
RainT I will not invest in MAGNI

too high reliance on NIKE sales
12/09/2019 6:47 PM
shareinvestor88 apple168 are u an investment manager ? u sound good. can i look for u to help my investment ?
12/09/2019 6:59 PM
chonghai Even in 2008, NIKE posted revenue growth.
12/09/2019 9:13 PM
William Ng Almost RM6
13/09/2019 2:39 PM
William Ng 6.60 is not far
13/09/2019 2:40 PM
VSLSB @William Ng: At the current price, I would say that it is fully valued. Unless Magni suddenly decides to do an M&A, do expect the price to hover around today's level or less.
13/09/2019 4:43 PM
KK93 2020Q1季度报告分析
https://mao-kid.blogspot.com/2019/09/magni-7087.html
14/09/2019 10:14 AM
William Ng @VSLSB how long u keep magni stock?
14/09/2019 6:35 PM
William Ng I'm think to keep this long term for dividend, but afraid the price drop soon after share split
14/09/2019 6:36 PM
William Ng I believe that magni is possible to reach 6.6 before dividend, or before share split bonus share, but what concerm me is afe
14/09/2019 6:38 PM
William Ng After
14/09/2019 6:38 PM
William Ng Unless us trade war is completely over, magni shall benefit from the trade war
14/09/2019 6:40 PM
William Ng Even if the trade war finally end with happy ending, i think us company will start to seek new country like myanmar
14/09/2019 6:42 PM
William Ng To build new factory
14/09/2019 6:42 PM
William Ng If DT win next election, we might still benefit~
Just my 2 cents
14/09/2019 6:43 PM
VSLSB @William Ng: My opinion is based on its historic PE. I think it is stuck with low PE is because that Magni has no plans to expand its operations (i.e. M&E or looking for new customers etc.). Hopefully if Nike decides to open up new facilities in Myanmar, Magni would follow.
14/09/2019 7:03 PM
lcng123 6.15... what a wonderful stock!
17/09/2019 10:40 AM
kent_1 New 52 weeks high everyday :)
17/09/2019 1:22 PM
Carson Teor RM8.00 is coming
17/09/2019 2:00 PM
Abba84 Its RSI overbullish .n may fall a bit how come onlyPublic Invest had its trget raised
17/09/2019 2:23 PM
apple168 Still have dumb ikan bilis chasing overpriced magni?! No eye see..,
17/09/2019 3:30 PM
apple168 Big sharks disposing the tickets to you, dumb dumb ikan bilis!
17/09/2019 3:31 PM
apple168 谨记,股神巴菲特2004年说的这句话,要在别人贪婪时恐惧,在别人恐惧时贪婪。
17/09/2019 3:32 PM
William Ng Apple go buy your genting
17/09/2019 4:16 PM
RainT 6.20 new high now

some said 8.00, crazy

better said 100
17/09/2019 4:42 PM
apple168 William, you chase high on magni?! Haha...
17/09/2019 4:42 PM
RainT this MAGNI not worth so high also

depend on 1 customer only NIKE
17/09/2019 4:42 PM
apple168 Magni is Overpriced kau2!

Ikan bilis, please listen, we must teach those sharks a lesson. Don’t buy from them to release them from being trapped in low liquidity Magni! Let them trapped there for ages!
17/09/2019 4:48 PM
Carson Teor I am confident with Magni management, they will create value for shareholder
17/09/2019 4:48 PM
chonghai Rule of Thumb : PE not over 10. Below 10 can buy.
Now not yet 10 but probably not much meat left. PE low I will buy. PE high I will not sell because of strong cash generation.
17/09/2019 4:54 PM
apple168 Chong Hai, if buying shares are as simple as PE ratio, everyone is millionaires, no one losing money in stock markets!
17/09/2019 5:04 PM
klse888 PE hardly over 10 I believe is because low liquidity of shares, one bonus and split complete then should able to enchance this issue
17/09/2019 5:14 PM
William Ng I was here 1 month ago, my price is 5.20, ngam ngam earn RM1....
17/09/2019 5:47 PM
William Ng Paper gain 19%
17/09/2019 5:47 PM
apple168 Pandai tupai melompat, akhir jatuh ke tangga juga!
17/09/2019 6:23 PM


 

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