There will be more funds buying into Mynews. In q1 there shld be a further strategy on the in store offerings to improve profitability. Mynews will be stronger than family mart in 6 to 8 mths. 7-11 has closed some stores.
I hope mynews keeps expanding and adding more stores. One strategy is to switch stores which needs a refresh offerings and which have been beaten down by family mart eating into they sales.

More funds will buy in and collect for long term. CU would also benefit as they want to qualify to for the halal market in other countries they expand into and could use mynews food processing ctr for the frozen microwavable ready to eat meals, just like CP 7-11 in Thailand

Hold for 1.50!!

More funds coming in, too cheap at the current price point, will move up sharply once folks know

Date interest acquired 13 Oct 2020
No of securities 34,509,000
Circumstances by reason of which Securities Holder has interest Acquisition of ordinary shares by the registered holder which is a custodian appointed by one or more funds managed by Aberdeen Standard Investments (Malaysia) Sdn Bhd ("ASIMSB").
Nature of interest Direct Interest

Cu used to be family mart in Korea. They actually helped build up family mart to its current value. Just like chatime and tealive.. Epf will buy another 6 to 7%, things will change very fast for mynews. Very cheap now. If mynews had 2000 stores, they would be bought over by other groups too, including CP and other Asian groups. Very confident of the value,....

Will start moving up to 40sen again..more demand for piece meal insurance. Coverage vs traditional long term commitment and lock in.

The article in the edge weekly is negative. The CEO mentioned the demand is back down and its just business as usual like before and they are not behind any rise in share price. Seems to indicate that the game is over and they are back to being a boring counter... Should paint a more optimistic picture...

Epf is a better investor, they are accumulating. Once a new investor and partner is in am sure epf will take a more strategic position.

Limit up tmrw...

If Korean oppa then better... Korean emart segment doing super good., they will launch a rapid expansion. Mynews will fly again... Bbb

If its a strategic partnership with a jp or Korean Co the price could move past 1. 20 fast. There were parties eying mynews if they had 1000+ stores and even could be valued higher if there is more reach.

Don't forget if my DIY can be valued so high... My news can't be worth RM 1.50?

That is actually true that the payout ratio is low and they can market the risk to other reinsurer. So essentially earning higher margins. Price up up...

Ipo time rm1+, went to 1.50 quite fast and even touched 2.50 before. Lowest dividend ever at 3sen, highest 5+sen per share.


If the fund managers got fired and they want to trim the portfolio, even better... Hahaha
Buy low sell high....

Holding firm ready to spring up...

Glove profit taking into other sectors such as tune protect with vaccine hopes. Can double money in a few mths there...

Glove profit taking into other sectors such as tune protect and air asia...

Value investors picking up, tunepro will start building up their cash pool and have diversified into other parts of the insurance protection market. Excited to hold on for capital gains and future dividends.. Expect good future yields

For upside consider tune Pro. Once the vaccine is proven and confidence is restored, many will start planning vacations for next year. When they book now, considering cheaper airfare for the future, payments, including insurance is collected now. That is how tune Pro has a heap of cash and when tickets are burnt/missed flights they book the profits without reinsurance cost.
Happy investing

Balance sheet strength has never helped push hexza's PE ratio higher nor move its share price before. That is the only let down from this counter holding the shares for 3 yrs... Worst now the son also left the company...

Vaccine announcement will damper the outlook for gloves


For upside consider tune Pro. Once the vaccine is proven and confidence is restored, many will start planning vacations for next year. When they book now, considering cheaper airfare for the future, payments, including insurance is collected now. That is how tune Pro has a heap of cash and when tickets are burnt/missed flights they book the profits without reinsurance cost.
Happy investing

Do we know how much tech stocks they still hold?

My guess is that hexza might trade within 1.20 to 1.30 fair value in the short term.

For upside consider tune Pro. Once the vaccine is proven and confidence is restored, many will start planning vacations for next year. When they book now, considering cheaper airfare for the future, payments, including insurance is collected now. That is how tune Pro has a heap of cash and when tickets are burnt/missed flights they book the profits without reinsurance cost.
Happy investing

What is the downside, lower end price? 40sen?

They will push a little more then spike a limit up one day...

Today another good day, very few sellers. Low resistance and ready to move... They may test for another day or two and then it takes off

Good news, Russia announced the first Covid vaccine, soon China and UK would too. If boarders start opening up tune Pro will fly high again. Don't forget customers will quickly start booking flights and travel again for next year holidays. When they rush to book, they'll buy insurance at that same time.... Back to 60sen soon.

Russia announced a Covid vaccine, soon others especially China and UK would follow

3x limit up and it'll be at rm2

Oversold... Today with slight volume it spiked to 67sen. Test the buyer que, not much. Anytime now it'll spike back to 85sen

Will move back to 1.20 before year end. Change is coming to the company..

Gonna move in the next few days... Sg flights might resume..it will fly high.

I doubt will limit up, I got into hexza 4 yrs back and when they were minting money with the Myanmar power gen contract the shares also didn't move. It slumped to 70sen for a very long time.
When I read the guidance from mgmt on the nx qtr results being impacted by MCO, already knew that it was game over.

Such a good company but never had the luck to break past its current value.

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

The results were not as great as expected. If u guys noticed, revenue didn't increase very much. And profits only slightly.

They shld not mention this statement in the notes:
Our ethanol segment’s
financial results should continue to benefit from this. Due to the
impact of the MCO though, results in the 4th quarter are not
expected to be as strong as in the 3rd quarter

So means the next QR would be lower???

Something doesn't seem quite right, we're they shut during the MCO?
NTA moved to rm1.08, backed mainly by cash and shares.... I got mixed feelings now... Price up or flat? I expected it to move to Rm1.60. Let's pray...

Air travel behaviour will change, everyone will surely buy insurance to ensure they have a fallback, good outlook for tunepro. And the automotive sector kickstarted again too.. Hope they are ready to grab a larger market.
50sen coming...

No more play, CMCO ending, halex, nylex didn't surprise the market with strong profits. Hexza worst still, delayed the reporting...

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...

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

Long term prospects for tunepro considering pent up travel demand could be forced to purchase insurance prior to any trips. New products and strategies could emerge if they were to leverage their digital instech platforms.
Time to cost cut, get lean and speedy for future biz. I will accumulate and keep this counter for a big future reward.

One issue I foresee is that while it's true that ethanol prices are high and supply is short, hexza might be only increasing the prices marginally and allocating to distributors whom mark up another 30 to 40%. Just like for latex gloves, the distribution channel makes more than the manufacturers. Manufacturers are also afraid of over profiteering and most instances mask the transaction through private related companies. After all that way they can always show the cost invoice and appear to be passing through cost plus a 20 to 25% margin.
Hope the true opportunity and profits are kept within hexza...

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

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.

Let it consolidate for a stable footing up. Seems management is more focused on their biz segments. At least got dividend in a few weeks... Might be a future qtrly trend going fwd..... Keep it up

Good comments and valid positive points to support the uptrend with facts. Today's article also highlights the increased maintenance contracts in Indonesia and their aim to expand other segments plus the focus on 5G rollout. Interestingly enough another counter hextar is also focused on iot using the 5g backbone for their plantations sector.

This is a large and big play for Indonesia and Malaysia being the world's largest palm oil plantation land banks in the world. The increased awareness for sustainable palm oil and tracing of the value chain could enable a special niche biz segment

OCK - orang cepat kaya sums it up

Very high spread and swings... Trend doesn't look good. Nylex back to normal sane trading volume and holding up. Hextar might be consolidating before the next jump. Luxchem trending to rubber gloves... Lets see over the next few days...

Ya, the tell tale signs are there. I guessed the finance lead knew abt the delay or not so good QR and sold shares.

Hextar indeed posted a good set of numbers. So hope the same is true.

Dropped to 1.16...Still a little fishy why they had to make an announcement to delay the QR. They should have sorted out jan/Feb. March financial shldnt have taken much time... With better leadership now I would have expected things to be in order. Hope won't get trapped again like years back... Better make up with sterling results and a bumper dividend... Ethanol price up, us stocks up..... Hexza needs to up up and up

Renewable energy and telco.. 2 forward looking solid business. New norm, online connection.. U need both to succeed. In Myanmar, Bangladesh and Thailand now they are even thinking of education overair or through cell networks as many areas still don't have fibre connectivity... I trust there would be more rollout of projects since O&G investments are slowing down. Renewable energy will lower their operating cost for each relay station, although diesel prices are now low and running gensets are also cheap in the interiors.
Expect a sudden break out towards 60, 66, 75 and 78cnt (post announcement of a firm strategy for telco monitization) 85 sen is possible then too if the valuation is attractive.

+ low interest rates for refinancing and capital
+ best time to expand Renewable biz
+ sector in demand during Covid 19 outbreak
+ good network of assets
+ stable income stream with no risk of cash crunch

Today signals don't look good. Price momentum dropped and I am guessing would drop more in days to come. Hexza's QR has been delayed to 30th June (final date extension approved by bursa).
Looks like won't be a raya present from hexza. Just hope the QR would doesn't paint a negative picture like than of nylex or worst that they couldn't operate from March.... :(

Could be some switching play from nylex to hexza, just as we saw from hextar to hexza a few days back.

I don't expect hextar's profits to be any higher than before as CPO pricing is down and as with 2 years back, planters held back spending cost to improve yield. So imagine 2 years without full feeding the plants fertiliser... Next year crop yield shld be low and if there is economic recovery, cpo prices will rally towards April / may next year.

Hextar & nylex punters get ready to charge into HEXZA

Ya, nylex doesn't look like there was any substantial ethanol play supporting the QR. I hexza's last QR, they had already indicated that the year would see positive profits brought about by the Covid19 pandemic. This was further reported by the news articles in Feb where the CEO clearly mentioned a position of being oversold in the first week for the entire month.
That was just early before the MCO and when there was about 500k cases world wide. I remember top Glove at 5.90 and supermx at 1.45 then. No one understood the stock out situation... Mask was in demand then. Now everyone is jumping in to produce their own mask, allowing for better supply.
So in short, ethanol being as important as a mask for personal protection cannot unfortunately be shipped around cost effectively nor can capacity be increased quickly. At least for the pharmaceutical grade hexza produces.

Most govt hospital and foreign nation tenders call for pharmaceutical grade, refined ethanol and not back yard or bio ethanol which is used as a fuel substitute just like (palm) for biodiesel.

Hexza is lagging but I trust it has legs to move up to at least 1.80. I have been accumulating for the past 4 years now and I have comfort in holding it for its dividend and future prospects.

QR results just out, loss and it doesn't say much abt the ethanol biz or hand sanitizers

Current Year’s Prospects
The highly challenging global economic conditions, mainly due to the Covid-19 pandemic, is causing
significant disruption and uncertainty to business and economies across the world. The sharp decline
in oil prices which was triggered by a lack of demand since the beginning of year 2020 following
China’s economic lockdown, and the continuous oil price war between Saudi Arabia and Russia, has
further dampened the economic outlook.
The volatility and uncertainties in the global markets will continue to put downward pressure on the
demand and product margins of the Group’s operating divisions for the remaining period of financial
year ending 31 May 2020.
The Board will continue to seek ways to safeguard its profitability.

############

The Industrial Chemical Division also posted lower revenue of RM246.0 million for the quarter
compared with RM294.8 million recorded in the same period last year, attributed by lower volume and
generally lower average selling prices. The Division managed to lower its losses and recorded a LBT
of RM1.5 million for the quarter, as compared to LBT of RM8.2 million achieved in the same period last
year, due to improved margin earned on certain products.



Looks like a wrong choice... Shld focus on hexza for the full ethanol play