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  newbie8080 Probably the pandemic is putting CU stores launching on hold since the footfall is reduced during MCO period. 31/01/2021 3:57 PM beluga i think Mynews outlook is not good at this moment (MCO period) because many of its convenient stores is located at shopping malls. 03/02/2021 2:08 PM  Choivo Capital Vaccine coming out 26 Feb. What do you think will happen to sentiment then? 03/02/2021 11:18 AM Choivo Capital Limpeh just going to hold, you remember Dec when vaccine news out, but in the end petered out as govt said will need more time. Now confirm receive on 26 Feb, and will distribute right away. You think go up or down then? Now price all time low, risk all time low. https://www.channelnewsasia.com/news/asia/malaysia-covid-19-vaccines-pfizer-biontech-noor-hisham-14087814 03/02/2021 11:19 AM Choivo Capital Just rumors cause stock prices to fly 20-30% in 1 week. What if actual picture of muyihaddin and other politicians taking vaccine show up? 03/02/2021 11:20 AM zzprozaz Hello Mynews shareholder and investors here, Anyone can help explain this.. >after 10 years, and also after 20 years, what will happen between Mynews and CU Korea? Because Mynews only hv the right to hold "CU" brand for 10+10years. After 10 years, Mynews need pay money for hold it another 10 years, or it's free? After 20years, can Mynews still hold the "CU" brand? OR sell/give back to CU Korea owner? Family Mart for QL is 20years+20years. 03/02/2021 3:56 PM memorylane after 10 years, either renew the license or change to own brand.... it is the same story when Family mart Korea, all of them converted to CU brand many years ago... 08/02/2021 11:30 AM super_newbie “Despite the Covid-19 pandemic, most Malaysian customers still prefer to visit grocery stores instead of shopping online, ” he said. He noted that KK Mart and Speedmart are still opening physical stores every week despite the growth of online grocery delivery. Family Mart, 7-Eleven and Mynews are also still opening more stores despite the pandemic, and CU convenience store from South Korea will be opening new stores in Malaysia. https://www.thestar.com.my/business/business-news/2021/02/08/dissecting-online-and-offline-grocery-sales 08/02/2021 3:14 PM mokluhanj21 Mynews looks like breaking out. Good trend..already bottom at current price. if go lower, i think the major shareholders might as well just take private...cos toooooooo cheap. also, since this new PKP/ MCO is only drama MCO (LDP highway full of cars, malls so many people also), the initial impact on walk-in footfalls may have been exaggerated. let's wait and see. 09/02/2021 3:47 PM eMOU88 CU store is only reason why i buy Mynews, however, i didn't see any movement regarding Cu store, emailed the company, reply me to like their facebook page.. >.< 09/02/2021 11:48 PM i3lurker agree lets FORCE entire cabinet to take vaccine first. if all dun DIE then its safe for Rakyat to take vaccine. so many cases, just walk few steps then died...... CHEERS!!! Posted by Choivo Capital > Feb 3, 2021 11:20 AM | Report Abuse Just rumors cause stock prices to fly 20-30% in 1 week. What if actual picture of muyihaddin and other politicians taking vaccine show up? 10/02/2021 12:01 AM dompeilee dompeilee Bought MyNews @ 61.5c this morning after recommending 2 clients for the last 2 weeks. 17/11/2020 2:48 PM dompeilee SOLD 2/3 of MyNews @ 66-67c this morning 18/11/2020 3:17 PM Bought back the MyNews I sold in Nov.... @ the 61.5c open this morning. 16/02/2021 9:57 AM 16/02/2021 9:57 AM  abang_misai Haha. Now sudah mari. Three growth stories 1. US depreciates means cost of imported goods reduced 2. Vaccination programmes confirmed to be rolling out in Feb 26, 2121 means stores will be back to normal operation in March 2021 onwards. 3. CU stores added into their portfolio and optimise the use of existing FP Facility 17/02/2021 3:35 PM MoneyShow3 Cu stores would be the fresh story for mynews. Everyone wants to look up for new changes. Just observe what is going on with Tesco which just rebranded as Lotus due to the emergence of CP group as the new owner. Everyone wants to experience a fresh and new thing.... Malaysia ma.... By Q3 believe we are looking at above rm1 for mynews. Invest smartly... Family mart the thing of the past dy... 17/02/2021 8:25 PM  LaoTzeAhSir Sweet. still at near 2020 march crisis price, while the best is yet to come. CU stores. recovery theme. think about that. 17/02/2021 4:13 PM dompeilee Bought back the MyNews I sold in Nov.... @ the 61.5c open this morning. 16/02/2021 9:57 AM =) 17/02/2021 6:22 PM  AxeCapital2077 Bought at 0.58 and 0.62. Not alot just 2 months salary but I guess CU stores are The cumback kings? 17/02/2021 8:23 PM  Keyman188 Retail market gradually coming back............ You see Keyman188' Padini............. So strong buying interest today................. 18/02/2021 11:23 AM MoneyShow3 Interest building.. This is a counter which can spike 20% in a day if they wanna move. Note that retail hypermarket market is getting active again for M&A. Lotus always looking out for more smaller outlets for their lotus express line..... ;) 21/02/2021 2:06 PM LaoTzeAhSir 590 retail stores of MYNEWS and 500 CU stores incoming for next 5 years as per management. the next exciting and big thing for Malaysian consumers. 22/02/2021 12:40 AM opportunity After CU stores took over of all familymart stores after the master agreeement ended in korea, familymart are forced to leave korea.. 22/02/2021 11:37 AM Choivo Capital Btw, insiders have told me training of staff for CU stores done. Reno all almost d. Opening end of feb to 1st week of March. 22/02/2021 1:25 PM MoneyShow3 Gonna move to rm1.50 soon. They doing everything right this time from the right training, branding and even cost optimisation. They shld speed up opening more stores in time for tourist arrivals by Q3 onwards... Cu at 1.50, last chance to get on board 23/02/2021 12:01 AM opportunity NICE TO 'CU" IS CU COMPARABLE TO FAMILY MART? WILL CU BRING MYNEWS TO ANOTHER HEIGHT? 1) 570 MYNEWS OUTLETS. MYNEWS currently operates 570 MYNEWS outlets in Malaysia. 2) KEY STRENGTHS INTEGRATED FOOD CHAIN, FPC & RTE PRODUCTS. In FY19, MYNEWS completed a fully integrated Halal food supply chain and a Food Processing Centre (“FPC”) in Kota Damansara. Commercial production started in June 2019, rolling out ready-to-eat (RTE) meals and bakery products. Production is smooth. 3) ONLINE ORDERING, AN INTEGRAL PART OF THE NEW NORMAL. MYNEWS caters for online orders. MYNEWS DASH was rolled out in late September 2019 with its first hub at the Taman Tun Dr Ismail outlet to cater for online orders for its RTE foods and other daily needs products. 4) DOUBLE DIGIT REVENUE GROWTH. During FY19, except for print media, all other product categories recorded double digit growth in revenue. 5) GROWING LARGER, WHILST SEEING STRONG RTE POTENTIAL. Management expects MYNEWS to grow larger and stronger with time, driven by MYNEWS’ higher store count, increase in number of Maru Kafe concept outlets and the effective utilization of the FPC. MYNEWS are still within gestation period of FPC’s roll out. Management expects earnings to improve when economies of scales are achieved. Management sees strong potential and contribution of RTE to the in-store sales in the long run, as proven by the convenience stores with the same concept in Thailand, Japan and Taiwan. 6) CU x MYNEWS. On Oct 12, 2020, MYNEWS became the master franchisee of South Korean convenience store brand CU in Malaysia. CU is one of the leading convenient stores in South Korea, with more than 15,000 stores. Master franchisee agreement: a 10-year period, with a renewal option of an additional 10 years. 7) 1ST STORE WITHIN 2 MONTHS, 499 MORE WITHIN 5 YEARS. MYNEWS targets to open the first CU store in 1Q21 and open a total number of 500 CU stores in the next 5 years. CU 'menu' here (https://klfoodie.com/cu-convenience-store-malaysia/) - Would Malaysians like it? Would it be comparable to FamilyMart? 8) LEVERAGING FPC. CU’s fresh food will be manufactured at MYNEWS’ existing food processing center, improving its utilization rate, economy of scale and profitability. 9) CU PAYBACK PERIOD. Estimated 2-3 years per CU store. 10) BUSINESS RISKS. Management does not expect CU stores to contribute much line earnings in the near term due to gestational costs. Market competition may intensify. Competitors include Family Mart, 7-Eleven, MYNEWS, KK Mart and 99 Speedmart. 11) POSITIVE OPERATING CASHFLOWS DESPITE LOSS-MAKING. MYNEWS had 2 loss making quarters due to MCO and CMCO. However, their net losses are partly due to items write-off and depreciation. Even during MCO and CMCO, MYNEWS still generated positive cash flow from operating activities. 12) ACQUIRING SHARES BETWEEN 56-62 SEN. EPF and Aberdeen Asset Management has been acquiring MYNEWS shares aggressively from September to December 2020 between 56-65 sen. Would CU bring MYNEWS to another height? Time will tell. DISCLAIMER Our analyses and views are for sharing purpose only. They could be inaccurate. Valuation is beyond scope. No BUY/SELL recommendation. Investors are responsible of all their investment decisions and investment outcomes. 23/02/2021 12:32 PM MoneyShow3 Cu at 1.50...heard mynews is installing solar on their central food processing kitchen. This will significantly cut down cost, especially for bakery items... Smart move plus its going green. 24/02/2021 12:06 AM zzprozaz Question... Mynews collaborate with CU, so Mynews only will get 50% profits from CU Malaysia? Or Mynews purchase products from Korea and then sell at Malaysia at higher price? In other words, what CU Korea benefits from this collaborate with Mynews? 26/02/2021 11:50 AM  |
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