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2022-11-04 12:16 | Report Abuse
RM 1.2 billion cash for Caring unit is good enough to SEM in the lowest scenario or pocket cash RM 1 billion (75% stakes)
2022-11-04 12:11 | Report Abuse
The rest is secondary. First priority is to sell Caring.
2022-11-04 12:10 | Report Abuse
In the end, disposal of Caring unit would be the best option available to SEM now.
2022-11-04 12:08 | Report Abuse
When i read 'EBITDA' word, it reminds me of GPacket CEO using this word non stop to boost the prospect of the business in the many articles published by the The Edge few years ago. Lolz
2022-11-04 11:59 | Report Abuse
The biggest problem to SEM now is lacked of cash to finance the growth of 7 cafe and Caring unit. Somemore, hiking in interest rates will squeeze existing the bottom lines level.
2022-11-04 11:44 | Report Abuse
Not much choices to SEM besides disposing Caring unit to pare down the borrowing levels and the extra cash for investing in 7 cafe business.
2022-11-04 11:39 | Report Abuse
Bear in mind that Lease Liabilities, in fact, is a borrowing in another term here. Look at the AR 2021 (Note: 7 Finance Costs), interest payment on lease liabilities RM 36 million in 2021 whereas Payment of principal portion of lease liabilities RM 137 million as shown in the Cash Flow Statement.
2022-11-04 10:34 | Report Abuse
Be prepared for the worst of SEM bottom line if no deal done in Caring business unit. Lolz
2022-11-04 10:26 | Report Abuse
SEM margin is low and non comparable to the Starbucks business with high margin. BJFOOD is able to cope with the rising interest costs.
2022-11-04 10:21 | Report Abuse
What would happen to SEM bottom lines with the existing borrowing RM 1.4 billion in the rising interest rates environment for the next 2 years if the management do nothing?
2022-11-04 10:12 | Report Abuse
To unlock the value of convenience stores business , degearing and improve its growth prospects , it seems that disposable of Caring is a better option.
2022-11-04 10:06 | Report Abuse
With the existing gearing level, SEM growth is limited and won't be easy to borrow money for future rapid expansion especially cafe business. Besides growth bottleneck, rerating is obviously not feasible.
2022-11-03 22:30 | Report Abuse
SEM has thrown RM 29.45 million for share buyback from 7 Oct 22 until now. They need another RM 3.5 million to snap up 2 million shares achieving the max 10% share buyback.
Why SEM wants to spend RM 33 million for share buyback rather than investing in 7 Cafe expansion?
2022-11-03 22:21 | Report Abuse
SEM is highly geared in its existing Balance Sheet position. With the expansion plan of 7 Cafe from 100 to 150 stores, Capex is needed between RM 50 million to RM 75 million this year (assume average RM 500k per store). Now, the interest rate is escalating and they need more money to finance the expansion next year. What would the do? Borrow more money for expansion?
Extracted: 7-Eleven Malaysia is aiming to expand its own cafe store count to between 100 and 150 by this year, up from 28 currently.
Dubbed 7CAFé, the group has budgeted an investment of between RM450,000 and RM550,000 for each new cafe opening in a bid to reach the target, said Wong.
https://www.theedgemarkets.com/article/7eleven-malaysia-aims-expand-cafe-store-count-150-year
2022-11-03 22:10 | Report Abuse
Article from the Edges :
7-Eleven Unaware of Reason for Share Price Rise
Publish date: Wed, 02 Nov 2022, 08:50 AM
Unaware of the reason? Lol
2022-11-03 21:57 | Report Abuse
1. Share Buyback from 7 Oct 22 to 3 Nov 22 - 14.331 million shares ( RM 29.45 million ) @ Average price RM 2.055
2. Total Day Trade from 7 Oct 22 to 3 Nov 22 - 22.464 million shares @ 64% of the shares acquired by Share buyback
3. Besides share buyback, shares volume traded by other players 4.14 million shares from 7 Oct 22 to 1 Nov 22 (while price was riding high )
4. Exclude share buyback 3.05 million shares from 2 Nov 22 to 3 Nov 22, shares volume traded by other players 4 million shares
2022-11-01 09:31 | Report Abuse
You dumped the tickets yesterday. No wonder la.
2022-10-21 11:05 | Report Abuse
BJFood, SEM & Redtone have returned to the market interests. Ah Tan counters back to investors radar again?
2022-10-17 20:02 | Report Abuse
Many US high tech semiconductor companies would post negative revenue growth starting 4th Quarter 2022. It would be slightly better to those low tech companies supplying equipments to China for producing chips above 16nm.
“China-based chip fabs that produce logic chips of 16-nm or below, DRAM memory chips of 18-nm half-pitch or less, or NAND chips with 128 layers or more will have to apply for licenses to purchase items from the US”
2022-10-17 18:31 | Report Abuse
China contributed 39% in terms of revenue to MI for FYE 21. What would happen to the future prospect?
2022-10-17 18:29 | Report Abuse
China contributed 34% in terms of revenue to Penta for FYE 21. What would happen to the future prospect?
2022-10-17 18:12 | Report Abuse
China contributed 33% in terms of revenue to Vitrox for FYE 21. What would happen to the future prospect?
2022-10-16 14:14 | Report Abuse
With the banning of chips below 14nm plus AI technology from US, Revenue of US semiconductor companies are expecting to drop between 10% to 30% started from now until next year. Bye Bye to the myth of 'Technology is the future' in the next 2 year.
2022-10-01 11:23 | Report Abuse
Who has earned more opportunity for holding cash to fight inflation since beginning of this year?
2022-10-01 11:20 | Report Abuse
Invest long term in commodity cyclical stocks to fight inflation kah? Good Good! Yummy to sh..k.
2022-09-27 12:30 | Report Abuse
Holding plantation stocks to counter inflation is a myth? Or It is true with the condition of the validity less than 3 months?
2022-09-26 17:41 | Report Abuse
Good time slaughtering energy commodity before US mid term election. It is the only way out safe the stock market from crashing as a whole.
2022-09-23 21:38 | Report Abuse
Many metal commodity prices have slided to the reasonable level. The exception are only energy and food commodity prices remains elevated at high level. As long as the stubborn energy prices crashing within the 2 months, the market sentiments would turn into positive as FED doesn't have the urge to actions aggressively.
2022-09-23 12:51 | Report Abuse
If the Fed actions are unable to tame inflation effectively even though rate reaching 4.25% by the year end, they will speed up the QT progress. Fed Balance Sheet assets was ballooned through QE from the base USD 4.2 Trillion in Feb 2020.
Currently, Fed has reduced the Balance Sheet assets by merely USD144 billion from Jun 22 to Aug 22 from the peaked USD 8.97 Trillion in April 22. More to go to kill the stubborn crude oil price and zombie companies plus crypto currencies at the same time.
2022-09-23 10:35 | Report Abuse
Fed has increased interest rates to 3.25% up to now. Target 4.25% by the year end. Apa macam?
2022-09-07 20:12 | Report Abuse
Export consumer staples sector seems attracting market interests recently ie Ablegloble, Kawan, Pwroot, 3A, Tguan and BP plastic.
2022-09-07 19:38 | Report Abuse
The market conditions is favourable to the company as raw material price reduction plus depreciation of RM against USD. No more RM 1.
2022-09-07 19:36 | Report Abuse
The market conditions is favourable to the company as raw material price reduction plus depreciation of RM against USD. No more 80 cents.
2022-08-31 21:00 | Report Abuse
Uncensored remains here. People are craving syok and protecting personal interests ma. As usual, there is the price for accumulating too much syok.
https://youtu.be/WGv4TTf9-Es
2022-08-04 09:03 | Report Abuse
令我想起 馬保國 的 閃電鞭
https://youtu.be/GOtOoNGYnAY
2022-08-03 21:29 | Report Abuse
Ego is more important to you. Anyway, Share market is a place nabbing high ego people. Lolz
2022-08-03 20:46 | Report Abuse
You in I3 many years already and still love syiok and protecting ego as your first priority… Don’t know the real game rules in the share market ke? lol.
Reliability of the data and information is the critical in forming a back-up for a decision. This is merely the basic only la. This one also don’t know then no point talking a the rest especially regarding market sentiments. You want so much ego then how can you follow Mr. Market direction.
2022-08-03 20:28 | Report Abuse
The reliability of the information is critical. Don't even know how to differentiate its reliability (blindly worship formal data) or what is the critical one... In the end, it is nothing more than garbage in and garbage out after processing the data or information .
2022-08-03 20:17 | Report Abuse
Plenty of information (targeting different groups of stakeholders) is available for free in the world. If you know more, of course, it is syiok to boost (economy data) in front of others... (I know more than you.. syok! ) . The drawback is a lot not relevant in our investment or trading as a retailer. We are not a fund managers managing a big portfolio ma...
2022-08-03 19:40 | Report Abuse
Cyeec2000. We like wealthy people earn a good salary in their employment and playing in the share market at the same time here.
2022-08-03 19:38 | Report Abuse
Of course, we love to see people to rebuke the argument.. 'I invest or trade in share market for syiok and non of your business'
2022-08-03 19:29 | Report Abuse
Layman also know the simple logic of sometimes you win and sometimes you lose in the share market lar. It is entirely different story whether you are able to keep the winning and making a living in the end.
2022-08-03 18:02 | Report Abuse
No way arguing with the syiok logics merely for the sake of protecting ego lor... In share market, we are, in fact, mostly welcome this type of people.
2022-08-03 17:10 | Report Abuse
The famous quote that in i3investor... Tin Kosong is the loudest!
2022-08-02 18:18 | Report Abuse
Swiss set to match EU sanctions if China invades Taiwan - agency chief
https://www.reuters.com/world/asia-pacific/swiss-set-match-eu-sanctions-if-china-invades-taiwan-agency-chief-2022-07-30/
2022-08-02 14:05 | Report Abuse
Syok logics for self consumption.
佩罗西访台行程已定,中共画风大变:来与不来中国赢定了!
https://youtu.be/SuyeHFGwWBg
2022-07-17 19:34 | Report Abuse
Indonesia has reported the highest ever Inventory of 7.23 million tons as at 31 May 22 . Gimmick games played by Indonesia government to goreng CPO prices few months ago?
https://gapki.id/news/21231/ekspor-menurun-stok-melonjak
2022-07-15 20:58 | Report Abuse
Waiting for the good opportunity to play with the uptrend stocks. Koyang kaki seeing the prices all the way up.
Stock: [SEM]: 7-ELEVEN MALAYSIA HOLDINGS BERHAD
2022-11-04 12:18 | Report Abuse
The problem is that investors don't dare to pump in more capital into highly geared SEM now.