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KLSE: MYNEWS       MYNEWS HOLDINGS BHD
Last Price Avg Target Price   Upside/Downside Price Call
1.38 1.42     +0.04 (2.90%)
* 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
12/04/2019 1.39 1.66 +0.27 (19.42%) BUY AmInvest Price Target News
08/04/2019 1.37 1.66 +0.29 (21.17%) BUY AmInvest Price Target News
25/03/2019 1.38 1.25 -0.13 (9.42%) SELL KENANGA Price Target News
25/03/2019 1.38 1.66 +0.28 (20.29%) BUY AmInvest Price Target News
17/12/2018 1.52 1.25 -0.27 (17.76%) SELL KENANGA Price Target News
17/12/2018 1.52 1.66 +0.14 (9.21%) BUY AmInvest Price Target News
30/10/2018 1.46 1.34 -0.12 (8.22%) HOLD AmInvest Price Target News


Price Target Research Article/News (past 6 months)
12/04/2019  AmInvest Mynews Holdings - Sued for copyright infringement
08/04/2019  AmInvest MyNews Holdings - Strong prospects from store expansions, FPC
25/03/2019  KENANGA MyNews Holdings Berhad - 1Q19 On the Dot
25/03/2019  AmInvest MyNews Holdings - A good start to FY19
17/12/2018  KENANGA MyNews Holdings Berhad - FY18 In Line
17/12/2018  AmInvest Mynews Holdings - Robust FY18 results
30/10/2018  AmInvest Mynews Holdings - Maru Kafe to boost revenue yield



  Lasereye likes this.
 
shpg22 Its like buying a pack of 1L fresh milk for RM25...Wish I got customer like u all.
16/12/2017 9:07 PM
benczy What happened to the stock? It drops by more than rm1 in one single trading day?
18/12/2017 10:28 AM
Oreo Oreo @benczy ,it's due to bonus issue
18/12/2017 10:55 AM
pakatan_harapan2 What to do? BN govn is famous for barang naik now.

shpg22 Its like buying a pack of 1L fresh milk for RM25...Wish I got customer like u all.
16/12/2017 21:07
19/12/2017 2:33 PM
wenlijianqinyun79 http://www.theedgemarkets.com/article/cimb-ib-research-raises-target-price-mynews-rm3
19/12/2017 7:34 PM
longtermvaluegain BISON planned to open 90 news outlets next year 2018!
These New outlets will MOSTLY be myNEWS stores.

The worst is OVER!
In term of same-store sales which has been negative this year 2017.
As BISON is in an aggressive store revamping mode.

In Term of SSSG ( Same Store Sales Growth),especially for the matur stores in BISON network, this year HAS NOT BEEN on positive side. It's about -0.5%.

估计2018 全年EPS 10.4 cent with PE of 26x-28x.
(比益本拉低至26x-28x compared to 2017 PE of 40.34x)

红股后的2018年里,BISON 股价可介于rm2.70 至2.91 。
19/12/2017 9:10 PM
omgimnoob Means now the value is 1.35 to 1.45, fully valued?
20/12/2017 10:44 AM
cabcy7 will rise again, will rise again
I believe I believe that I had to break
So love could make me whole
But will rise again, stronger in the end...hope so..
20/12/2017 11:07 AM
20/12/2017 11:47 AM
shpg22 Competition la...this kind of business the entry is not difficult. Ah beng ah seng also can open 1. Don't forget still got 7-11, 99 Speedmart, KK Mart, Mydin etc
22/12/2017 11:59 AM
monkeyinvestor both 711 and mynews invested
05/01/2018 4:27 PM
BC1010 Slow moving stock, consider to go to other counter and come back. I think is better invest in another rising stock rather than money stuck at here.
10/01/2018 10:18 AM
omgimnoob The technology behind mynews is different from 7-11 because of the boss is from IT background. They should be able to manage their stocks more efficient!
10/01/2018 2:41 PM
InvestKLSE88 Bought into MYNEWS yesterday. Cheers
12/01/2018 3:06 PM
pareto_8020 Compared with 7-eleven market capitalisation and NTA, then u will know why MYNEWS keep on going up :D
16/01/2018 10:04 AM
lai81533 Potential to growth continuously
16/01/2018 4:26 PM
lai81533 Mynews= public bank ( grow organically) = top glove ( growth by acquisition)
16/01/2018 4:27 PM
vxpoison I heard they are starting the mini market (like speedmart99 & KK mart)concept store soon.
17/01/2018 9:50 PM
monkeyinvestor https://www.facebook.com/profile.php?id=100017681712857&lst=100002004043115%3A100017681712857%3A1516423347
20/01/2018 12:47 PM
Kendo Ken Hz Tough to fight family mart
24/01/2018 2:15 PM
apolloang this stock PE so high EPF buy.....apa ini EPF helping cronies ar?
13/02/2018 6:00 PM
mrinvestor12 http://www.mrinvestor12.com/2017/10/bison-charging-ahead.html
14/02/2018 3:32 PM
gankc2011 Mynews.com is a type of business that easy to understand, low capex and recession proof. Other than doing convenience store business, they are also into money exchange service, collection point for lazada online purchase and also ready to eat packed food.
18/02/2018 5:05 PM
monkeyinvestor up 1 more year, my return will be 200% hahahaaha
03/03/2018 1:44 PM
YgAriff Long term growth I guess?
20/03/2018 5:48 PM
apolloang this kinda stock EPF can keep buying? profit down should be below 1.00 cos already ex bonus 1 for 1
26/03/2018 6:25 PM
apolloang sem outlets better business than mynews outlets,this stock is very overvalued
26/03/2018 10:03 PM
apolloang why no down like jaycorp yet? EPF tipu the retails ar?
27/03/2018 10:23 AM
Reeve Yong Wai Chuen what happen today? drop like rain
27/03/2018 10:39 AM
shpg22 Its a very competitive market with thin margin and high expenses. At such a ridiculous P/E, its going to be next KAREX. FCF is deteriorating fast, dividend may be hard to come by. Will only consider to buy at half price 0.75 @ P/E of 22.0x.
27/03/2018 12:16 PM
kampung The latest revenue growth has slowed so much.The price is too high and the dividend is like a cheapskate.
28/03/2018 11:41 AM
monkeyinvestor i was flat not slowed. wait drop to buy more
29/03/2018 12:34 PM
29/03/2018 2:35 PM
kampung Talked to the staff looking after operation - banyak competition from Family Mart lah . Sudah tutup berapa kedai. That should explained the flat revenue vs the net income.
30/03/2018 11:10 AM
Yee Shiang based on this blog, i will monitor for awhile before take action.

http://salasinvestment.blogspot.my/2018/03/mynewscom.html
30/03/2018 1:31 PM
Lim Tek Wai noted. Thank you
30/03/2018 1:42 PM
monkeyinvestor buy will not regret ! 300% profit for years
30/03/2018 4:17 PM
monkeyinvestor fly time another new high soon wakaka!
15/05/2018 11:27 AM
mytan84 Hi All. May i know what is your comment on this stock? GST 0% good time to buy now?
21/05/2018 5:13 PM
ckh823 something happening on this stock?? seem very quite.
18/06/2018 12:51 AM
kampung lose steam already, expenditure rise very fast. so very quiet , can go fly kite.
26/06/2018 11:34 AM
Reeve Yong Wai Chuen Really can go fly kite already..TT
21/08/2018 3:03 PM
monkeyinvestor tmr fly liao haha profit come soon !
24/09/2018 10:15 PM
freshvegetablebird This is abit akward with higher revenue and result but lower share price today
25/09/2018 11:21 PM
monkeyinvestor u need patient dude no clam heart how u can make money at stock market!
26/09/2018 10:06 PM
cabcy7 zzzzzzzzzz...
01/10/2018 11:59 AM
kampung heavily dependent on cigarete sales according to market analyst, very scare
15/10/2018 2:35 PM
commonsense Even though revenue had grown by almost 20% in FY18, profit grew by only 10% due to the squeeze of profit margins relating to the increasing operating cost. The result itself is commendable but the 10% profit growth is a lot lower than the 32% achieve in FY17. FY19 is expected to deliver the same level of growth (if not lower) as the one seen in FY18 mainly due to the increasing operational cost which will pull down the profit margin and also due to the fact there will be lower new stores opening in 2019.

At the current share price, the company has a PE valuation of 35.5x which is really high given the slowing down of Mynews profit growth. Assuming they managed to deliver a profit of RM30 mil (this is above the expected 10% profit growth), the company would still be valued at a lofty valuation of 31.4x PE.

If you are looking to hedge your portfolio outside of Mynews (due to its relatively high valuation), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.1x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.0x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.
07/03/2019 9:40 AM
Heavenly PUNTER wait kena tapao by Family Mart
24/03/2019 3:32 PM
shpg22 50% discount from current price of 1.37, then only talk about value. Current valuation of P/E 33.0x, P/B 3.3x is excessive despite improve result.
25/03/2019 11:11 AM


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