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  Sky Soo I don't believe that my original forecast that it will reach .60 came true. Its time to accumulate. 16/03/2020 4:28 PM MoneyShow3 Mynews will move up. Turn of fortunes with the ready to eat biz - maru cafe alike family mart. I feel so good having the mynews outlet close by esp during these 2 weeks. The pasta, rice bowl and sandwiches are not too bad 17/03/2020 2:44 PM  Flintstones Mynews butt itchy go and involve themselves in food processing. They should follow SEM in focusing on their retail business only. Each quarter they are losing RM 4m including depreciation from the FPC. Need to sell how many roti bun and oden to cover RM 4m every quarter? It is an uphill battle. 21/03/2020 1:14 AM Flintstones Mynews cannot compete with family mart in the ready to eat business. The cost structure is different. Mynews will get killed from wastage because there is simply not enough demand for their RTE products 21/03/2020 1:15 AM Sky Soo I pity those who have accumulated 500K shares. Its going down to .50 soon. 21/03/2020 10:35 AM RainT i still believe on its FPC long term prospect all start up will have loss at start but long term will be good 21/03/2020 1:06 PM Jeffreyteck First time drop by. TP DY=4.5% under current market conditions. Next results Apr is expected to be worst. 22/03/2020 12:11 PM investmalysia @skysoo, I already sold all when it was around 0.85 to 0.9 with slight profit. Care for yourself if you’re holding 23/03/2020 12:46 PM MoneyShow3 The current situation is supporting mynews RTE segment. I see all the roti habis everyday and noticed foreigners also buying the pasta and cold meals. If last qtr they were at 50% utilization of the RTE segment, am sure they could run higher now. 30/03/2020 1:44 AM giorvana Have you guys not considered mynews businesses are very visitor traffic dependant? Just look at where they were set up and how all these places have been deserted now 30/03/2020 2:02 AM MoneyShow3 Some malls are waiving rentals and even landlords are deferring collection. This situation is a perfect case for mynews management to assess their strategy for expansion. So many options open to them with wide and growing reach, they would go online, expand their ready to eat meals, value add in their stores and perhaps be like mcdees and start investing in retail commercial property. Supply chain cost will drop with lower fuel cost and the expansion of the gig economy. Their stores are flexible to innovate new food trends and incorporate Japanese, Korean, Taiwanese and even Thai concepts. Maybe they shld even consider working with Tony Fernandez's santan cafe for a perfect fit. After all they have the same red and white logo... ;) 07/04/2020 1:49 AM doll rental doesnt really impact much on the p&l. Only certain places are expensive in price, plus they only need small space for their most of their shoplots. No point keep expanding when your revenue keep increasing but margin keep falling. Things don't look good in management, in short term 2-3 years don't know change how many secretary, and the japanese expat COO also left before the FPC is ready. However, new CFO coming soon... 08/04/2020 2:42 PM MoneyShow3 Maybe with new blood things turn around for everyone. Am bullish and would keep collecting below 85sen. Balance sheet still very strong. 09/04/2020 3:02 AM MoneyShow3 Shld be. That's why the price is starting to move up. Back to rm1 soon 17/04/2020 1:09 PM nicedurians yeahhh. time to huat. good thing I averaged down and kept faith in this stock 17/04/2020 5:35 PM MoneyShow3 Charts are strong, I love mynews, it has legs and jumps when it wants to. Break rm1.05, nx 1.18, then 1.3....its only at half 7-11's PE.. 17/04/2020 10:44 PM Cnlim Haha you have a lots of chance to average down last 3 weeks whether you dare or not 18/04/2020 2:20 PM 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 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 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 MoneyShow3 Nx hurdle 1.10, 1.32 and 1.65... Mynews outlets picking up biz during the CMCO. 12/05/2020 12:30 AM 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 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 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  | |
