7087 MAGNI | Malaysia
MAGNI-TECH INDUSTRIES BHD
RM 2.13 on: 2021-01-27
-0.47% Past 1-day return
-2.74% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock in Weak Growth Expectation
Stock is currently in distressed situation that the market is pricing a worse than industry average negative annual earning growth.
Stock in this situation can be good bargain if the stock beats the weak growth expectation or it can be long-term downtrend if the weak earning growth remains for a while. -
Company is in Positive Earning
Fair Value
- MAGNI current price is 46.01% below OneDelta estimated fair value.
-
The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.
Relative Price Performance
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Underperformed
MAGNI past 5-day return lagged behind the Containers/Packaging industry average return by 1.14% -
Below 30-Day Average
Current price RM2.13 is below 30-day average RM2.23 by 4.7%
| Return (%) | MAGNI | Containers/Packaging |
|---|---|---|
| 1-Day | -0.47% | +1.25% |
| 5-Day | -2.74% | -1.6% |
| 30-Day | -8.19% | -1.55% |
Bank Analyst Price Targets
BUY
RM 2.82
Revenue & Earning Growth Analysis
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Cyclical Revenue Growth
MAGNI recorded various revenue growth in different quarters with no clear growth direction.
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Continued Drop in Profit
MAGNI has been continuously dropping profit on the past 3 quarters.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-10-31 | 269,104k | -8% | 0.0481 | -22% |
| 2020-07-31 | 291,987k | +11% | 0.0617 | -7% |
| 2020-04-30 | 263,384k | -16% | 0.0664 | -12% |
| 2020-01-31 | 313,546k | +4% | 0.0753 | +9% |
| 2019-10-31 | 301,330k | -8% | 0.0689 | -63% |
Volume Trend Analysis
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Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
Low Volume/Liquidity Stock
Only RM181k worth of stock was traded for this stock past month. Low liquidity stock is danger for price manipulation and more difficult to sell at market price.
-
MAGNI recent daily traded volume is 0% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 3k daily | 3k daily |
Financials
Price History Chart
Past 30-day Average Price: RM2.23
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Declining Profit
Stocks that recorded more than two quarters of consecutive earning per share decline
Low PE/Growth
Stocks that market expects weak earning growth potential
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
Market News & Investor Opinions
Stock Company Profile
MAGNI-TECH INDUSTRIES BHD
Magni-Tech Industries Bhd. is an investment holding company, which engages in the manufacture, sale, and distribution of apparel and packaging materials. It operates through the Manufacturing and Sales of Packaging Materials; and Manufacturing and Sales of Garments. The company was founded on March 12, 1997 and is headquartered in Penang, Malaysia.