More FamilyMart stores to open in east coast this year, no more alcohol, Halal certified and 300 FamiCafes

https://www.nst.com.my/business/2023/05/907895/more-familymart-stores-open-east-coast-year

That website is hosting on a shared hosting and created via WIX? Who uses WIX for web building? Little high school kids? Not even WordPress with own dedicated hosting. If this doesn't smell like something is rotten, then I dont know what to say. Serba did that with all their tiny 'affiliate' companies that awarded them huge mega projects. All their partners' website are created on cheap shared hosting using free templates.

lots of stock photos but not a single real world photos of their products or any real screen shot of their software. if this is not a big red flag, then i dont know what it is.

still losing money.... wtf

They should slowly rebrand their stores to Maru or something different, new concept or something really attractive. Like limited 100 RM2 nasi lemak per day and RM2 coffee per day. that mynews brand is so bad, like how 711 never had a running slurpy machine.

Creador gonna list ecoshop? If so, this will be mrdiy biggest competitor

"We expect Yinson’s earnings to double this year on the back of its existing and new projects." - CIMB

all those new glove factories/companies are still running, means supply will still be high. until these new factories close shop, dont expect global production to drop.

until majority of the new comers starts closing down their factories, not sell, but close down, the market will be flooded with cheaper gloves for years to come. which new comer close down their glove factory?

fire run fire

I told you so… bad qr

Encik Noor Azri also was a director in Serba... hmmm....

karim can cook.... cook the books

Dont expect ASP to go up until we see those newly sprung glove companies quit 1 by 1, not sell their business but quit as in liquidate their factory as nobody is interested in taking over the business. Till then, the market will be flooded with gloves. Harta will be fine, TopGlove really GG.

PTRB got sell Ikan Bilis?

what happened?

Sell their diner club franchise and went in big to glove after 2 years of covid, what kind of decision is this? if they sold the franchise and went into something else, be it hotel or palm oil, also can make more money. They could have expanded their hotel in lumut but no... glove is what they went into.

@sexy

RM15 to 20? why not RM30 like topglove?

next qr confirm profit drop again. asp dropping.

Sometimes i wonder why they go buy up peugeot franchise... ask anybody that owns a lion, majority regretted buying that lion. bauto buy because lim wanna save his son in law? peugeot is a good car but mismanaged by previous management.

when limit up?

SEM profit down. QL's FM profit also drop. Both came to the same conclusion. myNews wont be too far off. Get ready for a surprise.

Silicon Metal ASP still dropping, if earnings normalise to RM5m per quarter, what will the PE be? 100PE? 150PE?

when gonna list in Nasdaq?
got demo or screen shot of their software?
who are their clients?

云升.... up up and away

5 quarters of declining profit, yet share price remains high. amazing.

monday calvin will unload all of his platation stock, run... before he runs.

The reduction in profit before tax for current quarter despite higher revenue for the current quarter ended 31 December 2022 was mainly due to new models having higher material contents and higher start-up cost incurred in relation to the new assembly lines that commenced to be in operations during the current quarter.

The construction of the new factory building on a newly acquired land at Negeri Johor having land size of approximately 6.4 acres has commenced from January 2022 onwards and is expected to be completed by first quarter of calendar year 2023.

3 quarters drop, yet share price steady. amazing.

Calvin, how's the QR result? Good? or you bring everyone to holland already?

200PE and this kind of profit? seriously, what is going on?

Prices of chicken, eggs to be floated after June, says Mat Sabu
https://www.malaymail.com/news/malaysia/2023/02/21/prices-of-chicken-eggs-to-be-floated-after-june-says-mat-sabu/56078

they dont even want to talk about glove. who so smart, go enter glove business when it is downtrending. the board should fire themselves, all of them.

@NatsukoMishima

Rm4 to 6? If 6, that will be RM20B market cap.
what are you smoking?
DNex got nothing unique. they make outdated chips for washing machines and auto gates.... china can easily mass produce them.

Jan 2023 Malaysian vehicle sales down by 35% – MAA
https://paultan.org/2023/02/17/jan-2023-malaysian-vehicle-sales-down-by-35-maa/

they say next year myeg gonna make lots of money minting some kind of coin out of thin air. amazing. why even work? gov should tell every company in malaysia to mint their own coin, we'll be the richest country in this galaxy.

of all the glove companies, including those from China, TopGlove will probably be one of the first big glove company to close shop. Instead of paying down their debt and conserve cash, TG gave away most of their cash as dividends and sharebuybacks. Now that there is a price war going on, how can TG survive?

Soon, they will have to sell their TG tower. Those that kept on averaging down, I tried to warn you guys and got kicked out of TG Telegram group. Sorry, RIP.

topglove boss went kuku with the sudden windfall. crazy dividends and share buybacks... he still thinks TG will be profitable in a few quarters... i think this is a long long battle as most glove companies are cash rich, can fight till last man standing. TG... TG naked now.

@Endgame

Not 108K, it is 108,000K. It is millions, not thousand.

lava flowing down like tears

"In case you didn’t know, the police have started using automatic number plate recognition (ANPR) systems to catch errant drivers since 2016. The ANPR cameras can detect the licence plate number and run them through JPJ and the police crime database. During its first deployment in Johor Bahu, the system caught an offender driving a scrapped vehicle with a fake licence plate. "

https://soyacincau.com/2023/02/11/digital-road-tax-traffic-police-will-use-mcops-to-verify-vehicle-status-jpj/

Soon, all police car will have this camera and they will scan all the vehicles on the road while patrolling. Thus, no need physical road tax.

"Even if you don’t have the MyJPJ app installed or fail to show the digital road tax, law enforcement officers are able to check your road tax and driver’s licence status through their own devices."

https://soyacincau.com/2023/02/10/anthony-loke-answers-concerns-digital-road-tax-driver-licence-malaysia-jpj/

@Income

Physical or digital, what's the difference? u think physical cannot be forged? Yes, it is called forged, how do you think people are able to forge duplicate ATM to steal money? forge land title to sell other people's land. forge birth certificate to sell babies....

StartOfTheBull

Automatic number-plate recognition

https://en.wikipedia.org/wiki/Automatic_number-plate_recognition

These stuff exist since 1980s, now with cheap smartphone, all PDRM needs to do is write an app and mount it on their police car, can scan all cars number while patrolling.

welcome to the future old man.

people can complain all the want... anyone remember when banks stop issuing books for new accounts? who still own a bank book? soon, banks wont even issue a physical bank card. ATM also can do withdraw without card.

i3lurker

Agree with all your points. Before this, they already clone the road tax.

https://paultan.org/2021/05/03/jpj-finds-there-are-vehicle-owners-who-conspired-with-car-cloning-syndicates/

So, whatever policy also same.... enforcement is weak.

StartOfTheBull

Overseas, they have vans with cameras that drives around scanning license plate and car model/colour, not to mention all the cameras in their toll too. The system will notify the police if it is a wanted car, stolen car, owned by a wanted person, or never renew license or involved in a hit and run. Police will wait beside the car for the owner to come back and arrest him on the spot if he is a criminal, or impound the car if it never renew the license.

AI camera system, welcome to the future old man.

The losses will only continue until we see all these smaller companies and newbie quit the industry, the best time to buy is when GKent, MahSing and etc announce they are selling their glove business or closing it down. Until then, these smaller glove co are throwing prices, they can since glove is not their core business. Question is for how long?

nikicheong

I think they are gunning for their wind energy side, not so much on the turret.

@Vicky

Scomi, Sapura... got no fake accounting no fake projects, not the same. Even AirAsia dont have fake accounting. Name me 1 company in Bursa with fake accounting that is still trading?

@Blue Tulip

What is drop so much?
For RM1 and above, max is 30% up or down
For RM1 and below, max is 30 cents up or down

Consider drop very little.