Stock Price Target

Recent Price Targets: [Sign In or Register (FREE) to view]
Last Price Avg Target Price   Upside/Downside Price Call
0.725 0.63     -0.095 (13.10%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
30/06/2020 0.72 0.67 -0.05 (6.94%) HOLD AmInvest Price Target News
29/06/2020 0.685 0.48 -0.205 (29.93%) SELL KENANGA Price Target News
29/06/2020 0.685 0.67 -0.015 (2.19%) HOLD AmInvest Price Target News
23/03/2020 0.595 0.55 -0.045 (7.56%) SELL KENANGA Price Target News
23/03/2020 0.595 0.83 +0.235 (39.50%) BUY AmInvest Price Target News

Price Target Research Article/News (past 6 months)
30/06/2020  AmInvest Mynews Holdings - Expecting foot traffic to recover by end-2020
29/06/2020  KENANGA MyNews Holdings Berhad - 1HFY20 Below Expectations
29/06/2020  AmInvest Mynews Holdings - Hit by change in consumption pattern during MCO HOL
23/03/2020  KENANGA MyNews Holdings Berhad - 1QFY20 Below Expectations
23/03/2020  AmInvest Mynews Holdings - Lower footfall from Covid-19

  Lasereye likes this.
MoneyShow3 https://www.thestar.com.my/business/business-news/2020/04/18/mynews-aims-for-business-sustainability-amid-mco

Still cheap, it can move back past 1.30 anytime. Been accumulating all the way... :D
19/04/2020 1:19 AM
nicedurians sold all. take small profit before crash below 0.8
28/04/2020 11:35 AM
MoneyShow3 Time to buy more..
29/04/2020 9:29 AM
MoneyShow3 Closer to lifting of the MCO and longer operating hours for mynews. Will start jumping back above rm1 soon
30/04/2020 12:40 AM
RainT waiting to crash below 80 sen to buy more
03/05/2020 7:12 PM
doll waiting for announcement for retired cfo replacement. how does a company operate without cfo? especially during this mco environment? No proper planning, when u know your cfo is retiring but replacement not ready
05/05/2020 1:05 PM
nicedurians probably they're trying to poach other company CFO
05/05/2020 7:14 PM
MoneyShow3 RM 90sen, then 1.10 and 1.30 soon. Just like hexza... ;)
06/05/2020 11:26 AM
MoneyShow3 Nx hurdle 1.10, 1.32 and 1.65... Mynews outlets picking up biz during the CMCO.
12/05/2020 12:30 AM
kelvinlim1133 When can reach 100 sen again?
19/05/2020 10:37 PM
kelvinlim1133 These counter used to stay hot between 140 to 160 for long time
19/05/2020 10:37 PM
RainT the FPC still will cause MYNEWS profit to be bad & decrease

waiting for qtr result out to see up to now how far is the FPC costs?

have the FPC costs even out? or still high?

wait qtr result...
20/05/2020 2:18 PM
MoneyShow3 Yes kevinlim1133, it used to be pretty stable between 1.40 to 1.60. They however embarked on a change strategy to rival family mart and expand stores.
They have done a fairly decent job at matching up, obviously improvements and enhancements are in the works.
If it wants to move, or normally gaps up... 15 to 20sen in a day is possible.
20/05/2020 11:14 PM
MoneyShow3 QL and 7-11msia trading up at much higher PR than Mynews.
Virtual AGM would be held virtually in june
Date of Meeting: Thursday, 25 June 2020

Time of Meeting: 2.00 p.m.

Broadcast Venue: Mynews Headquarters, Lot No. 3, Jalan Teknologi 3/1, Taman Sains Selangor 1, Seksyen 3, PJU 5, Kota Damansara, 47810 Petaling Jaya, Selangor

Expecting the share to move past rm1.10 before the AGM
29/05/2020 12:14 AM
DannyArcher MyNews is not so good. I can see their effort in competing with FamilyMart but somehow I still prefer going to FamilyMart for food. I give them A for effort. But their name not so good... MyNews... go buy magazine and newspaper... nowadays where got people read anymore, the only thing they read is facebook.

maybe need a new name and a new look
29/05/2020 1:07 AM
nicedurians No need to change name. the name is familiarity and confidence
30/05/2020 2:54 PM
doll appointed secretary left, not even 2 months lol. hunt for cfo havent end yet? or havent start? sign of problem in the company's management
31/05/2020 12:32 AM
RainT appointed secretary ?

if is company secretary is not do any business decision or have any power one
main job is do company minutes , resolution, filling forms to SSM, like that only
company secretary resign does not relect any bad on the company also
02/06/2020 11:45 AM
RainT if say is CFO then maybe as CFO is decision maker & business planning for the company to the next level
02/06/2020 11:46 AM
RainT shall we give more time to MYNEWS?

As Family mart is well establish and long time ago and it support by QL which is long establish company with good management

MYNEWS is just want start do FPC only & still in eary stage
want fight or same level as Family mart, more time needed

and its need to be some different frm Family mart, if not why consumers want to go MYNEWS stores instead of Family mart

any opinion ?
02/06/2020 11:49 AM
RainT in business , the start is the most hard stage

when this stage passed, there will be light in the tunnel
02/06/2020 11:50 AM
RainT no transaction for MYNEWS today

so i do it

bought 2,400 shares today !
02/06/2020 6:42 PM
doll well RainT, usually companies with high rate staff turnover is not good? announced many key employees movement before, isn't this a sign?

Its convenient store, people go at their convenience. And of course quality, price and speciality. If you think of oden in malaysia, does the brand to pop up first, family mart or mynews?
02/06/2020 7:12 PM
Richielee This stock primed to go up. Waiting for volume to set in.
03/06/2020 11:39 AM
MoneyShow3 Most stocks have moved back. My news has good consolidation at the 81to 84sen level. It can move very fast too due to less sellers and liquid capital to mop up any excess.
Once the MCO is lifted
04/06/2020 11:34 PM
Richielee Business hours back to normal in PKPP. A rather positive news for every retailers out there.
09/06/2020 8:16 AM
Richielee Today volume picked up significantly compared to last week. We are at very strong support which have been tested 5x successfully / failed 1x in the past. Lets see.
09/06/2020 9:18 PM
MoneyShow3 Buyer is back, it will see interest over the next few days. Every other sector has moved up, smart money will come back to mynews...
09/06/2020 11:30 PM
doll Really? Where is the so called buyers? Strong support 0.795-0.800 broken. Still can't find a CFO and secretary? Cant wait to see the coming quarter results
13/06/2020 4:21 PM
vxpoison Q2 is ugly for sure...
13/06/2020 11:02 PM
doll Wanted to average down also scare. haha. gone already soon. even kwap also cease being substantial, no eye see
15/06/2020 5:41 PM
EngCCCC Today most shares are up. This Mynews really gone case. On the way to down trend.
16/06/2020 4:19 PM
RainT this MYNEWS the share price is easy push up

the quantity traded is quite low
22/06/2020 5:15 PM
RainT I am waiting mega sales for MYNEWS
22/06/2020 5:15 PM
RainT In this crisis, how many companies can still post profit grow?

if not making loss, already good already

important is what is the future prospect
22/06/2020 5:16 PM
RainT if no crisis , from where or when you can buy cheap?
22/06/2020 5:16 PM
doll Easy push up also easy push down. How u know this coming quarter still profit making? my bet on quarter loss. Btw, where is the new CFO? Been months, but can't hire one? or no secretary to make announcement?
23/06/2020 11:11 AM
Yikfung88 Today mynews got people buying and support the price at 0.69 and 0.695.Huge sell volume also can not break this two support,I think it's time to rebound,resistance is 0.74.
23/06/2020 9:12 PM
Yikfung88 Mynews today very stable,although many stock drop today but mynews stable at 0.7,wait for rebound,go go go.
24/06/2020 9:11 PM
Gabriel Khoo Who attended mynews agm
25/06/2020 8:49 PM
Yikfung88 I cannot attend because I don't know how to register
26/06/2020 10:29 AM
sense maker Bad news.
26/06/2020 7:02 PM
Yikfung88 Ya, today quarter announced red
26/06/2020 7:16 PM
MoneyShow3 Now that the QR is out and the impact clear, the shares can start to recover. They added more stores which is positive and would continue to support future growth.
Might dip a bit but investors will come back knowing that the impact wasn't as bad.
I'll keep buying more for the 1.20TP in 6 mths
26/06/2020 11:26 PM
cnyang how about next quarter results...... must be very very bad.... Do you think we call buy now?
27/06/2020 11:39 AM
Yikfung88 Why my new expenses so high,I think next quarter result will recover to earn money,because they can operate their store and no need time limitation.
27/06/2020 4:13 PM
doll techical rebound. sold all my lots already. good luck to all of you. coming quarters will be worse imho, as their jv whsmith (which i believe contribution quite significant of profit before this) is still at loss due to travel industry bounds. Lagi, can't even breakeven with the new fpc.
29/06/2020 12:52 PM
doll Peeps, good news, finally they posted recruitment ads in jobstreet. However they posted under 'company confidential'. Wonder why can't post under their account? Consonant to this, another ads i saw (similar company overview) recruiting a senior finance manager, clearly indicates the turnover rate is high here = bad management. Run run run, unless wan get yourself stuck here!
30/06/2020 10:15 PM
RainT Hire me la
01/07/2020 12:42 PM
RainT Actually can take SEM performance to refer

both GP margin also around 30%

SEM is more old

MYNEWS is new

so future prospect of MYNEWS is not that good if refer to SEM history as many competitors, & low margin
01/07/2020 3:55 PM

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