POS MALAYSIA BHD

KLSE (MYR): POS (4634)

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Last Price

0.335

Today's Change

-0.02 (5.63%)

Day's Change

0.335 - 0.35

Trading Volume

1,382,300


12 people like this.

10,334 comment(s). Last comment by Willtolive 14 hours ago

1288Go

172 posts

Posted by 1288Go > 1 month ago | Report Abuse

Wowee lower and lower ..
How low can it go...
Limbo rock 🥌

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

According to the Universal Postal Union (UPU) Q1 2024 report, Pos Malaysia achieved a
remarkable 94.7% in the Mail Monitoring System, surpassing the 88% target set. Additionally,
parcel delivery performance stood at an impressive 82%, exceeding the 80% target. As a result, Pos Malaysia is proud to be honoured with two Quality of Service Fund (QSF) awards, the EMS
(Express Mail Service) Cooperative Customer Care Award 2023 for the second consecutive year
and the Gold Award for Security Certification from Universal Postal Union (UPU). These
accolades serve as compelling evidence of our steadfast commitment to delivering exceptional
service and consistently surpassing the expectations of our esteemed customers.
In other sectors, Pos Aviation performed positively with all activities improving year on year, and
Pos Logistics continues to double-down on its own transformation journey, with a strategic focus
on the automotive sector, third-party logistics, and warehousing.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

NTA 0.6100
P/B 0.72
RPS 240.23
PSR 0.18
Market Cap 344.4M
Shares (mil) 782.78

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

RSI(14) Oversold 28.0
Stochastic(14) Oversold 0.0
Average Volume (3M) 1,825,300
Relative Volume 1.0

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Pos Shop sasar buka 50 cawangan di seluruh Malaysia akhir 2024
BeritaHarian Sun, Jun 30, 2024 12:51pm - 4 days


KUALA LUMPUR: Pos Malaysia Bhd menyasarkan untuk menambah 33 lagi cawangan Pos Shop untuk menjadikan jumlah keseluruhannya kepada 50 cawangan di seluruh negara menjelang akhir tahun 2024.

Penyedia perkhidmatan pos dan bungkusan nasional itu dalam satu kenyataan berkata, ia kini mempunyai 17 lokasi Pos Shop di seluruh negara, dengan tiga di Pahang, tiga di Kuala Lumpur, dua di Selangor, dua di Perak, lima di Johor, satu di Melaka, dan satu di Negeri Sembilan.

"Langkah strategik ini menekankan komitmen Pos Malaysia untuk menyediakan kemudahan dan nilai yang lebih besar kepada komuniti di seluruh negara," katanya.

Pos Malaysia kembali meneruskan perjalanan transformasi runcitnya dengan pelancaran kedai serbaneka Pos

Shop terbaharu, cawangan ke-17 setakat ini.

Cawangan baharu itu, terletak di dalam Pejabat Pos Besar di Jalan Abdul Aziz, Kuantan, Pahang.

Pos Shop di Pejabat Pos Besar Kuantan yang berkeleluasan lebih 1,800 kaki persegi menawarkan penyelesaian sehenti untuk komuniti setempat, menggabungkan perkhidmatan pos dan bungkusan dengan ruang runcit yang selesa untuk keperluan harian.

Sebagai tambahan, Pos Shop di Kuantan mempunyai Pos Kafe yang popular di mana pelanggan boleh menikmati

pelbagai pilihan seperti secawan kopi segar, makanan ringan, dan minuman sambil menunggu bungkusan mereka atau sebelum pergi ke tempat kerja.

Pelanggan juga boleh menikmati promosi pembukaan iaitu 'beli satu percuma satu' eksklusif untuk Pos Sundaes, sementara stok masih ada.

Pelancaran Pos Shop ini sejajar dengan strategi keseluruhan Pos Malaysia untuk terus mengubah penawarannya dan berhubung dengan pelanggan di seluruh Malaysia dengan lebih baik.

Pos Malaysia berhasrat untuk membina kepercayaan dan meningkatkan kemudahan untuk menyepadukan perkhidmatan kurier dan logistiknya dengan memperkenalkan konsep runcit baharu yang menarik.

Dengan kejayaan pelancaran Pos Shop di Kuantan, Pos Malaysia kekal berdedikasi untuk mentakrifkan semula perkhidmatan pos sambil meningkatkan penawarannya bagi memenuhi keperluan pelanggan yang kian berubah dalam era digital ini.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Pos Malaysia’s diversification strategy is marked by a purposeful expansion of its revenue streams, leveraging its existing asset network to implement four key initiatives that enhance value creation.

These initiatives include an expanded retail footprint, the introduction of Pos Shop convenience stores for diversified retail offerings, foraying into fulfillment services through Pos Fulfill and making a notable presence in the international shipping market with Red Express.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

A pivotal aspect of this initiative involves a strategic expansion of the retail footprint. Brewer emphasised innovative strategies such as leasing and subletting assets to generate income and enhance the outlets’ network.

With about 3.64 million sq ft of retail spaces and 628 strategically positioned post offices nationwide, Pos Malaysia envisions a paradigm shift in the role of these spaces.

The transformative vision positions retail outlets as dynamic hubs, catering to diverse customer needs.

“We’re leveraging our retail presence to offer more than just postal services,” Brewer said.

By strategically expanding its footprint, Pos Malaysia aims to transform each retail outlet into a multifunctional space, providing unparalleled convenience and a comprehensive suite of services under one roof.

Pos Malaysia’s goal is to be the quintessential one-stop destination for customers, delivering unmatched convenience through a broad spectrum of services.

This commitment reflects Pos Malaysia’s proactive stance in adapting to evolving market dynamics.

The company has initiated collaborative ventures, such as partnering with the homegrown coffee brand Bask Bear, resulting in the first drive-through coffee and toasties outlet in Malacca.

This venture enhances the retail experience and exemplifies Pos Malaysia’s commitment to forging innovative partnerships for mutual growth.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Pos Malaysia is currently undergoing a significant transformation strategy aimed at addressing both its financial performance and sustainability goals. This multifaceted strategy includes several key initiatives:

1. **Digital Transformation and Business Sustainability**: Pos Malaysia is shifting from capital expenditures (CAPEX) to operational expenditures (OPEX) by partnering with the right stakeholders. This approach supports both business sustainability and environmental, social, and governance (ESG) ambitions. The company is focusing on improving its last-mile delivery capabilities, including the introduction of electric bikes and vans to reduce carbon emissions [[❞]](https://www.digitalnewsasia.com/sustainability-matters/has-pos-malaysia-cracked-code-its-digital-transformation) [[❞]](https://bursasustain.bursamalaysia.com/droplet-details/news/pos-malaysia-launches-sustainability-roadmap).

2. **Financial Performance**: Despite a challenging macroeconomic environment, Pos Malaysia has made significant progress in reducing its losses. For instance, the net loss for FY2022 was reduced by 50% compared to the previous year. This improvement is attributed to better customer segmentation, optimizing assets, and improving yields [[❞]](https://postandparcel.info/152007/news/e-commerce/pos-malaysia-we-remain-fully-focused-on-our-transformation-plan-and-cautiously-optimistic/) [[❞]](https://www.thestar.com.my/business/business-news/2024/05/21/pos-malaysia-posts-smaller-1q-loss-optimistic-for-2024).

3. **Sustainability Roadmap**: The company has launched a sustainability roadmap with the goal of achieving net zero carbon emissions by 2050. Intermediate targets include reducing Scope 1 and Scope 2 emissions by 30% by 2025. Key initiatives in this roadmap include fleet optimization, green buildings, waste management, sustainable packaging, and digital learning [[❞]](https://bursasustain.bursamalaysia.com/droplet-details/news/pos-malaysia-launches-sustainability-roadmap).

4. **Operational Efficiency**: Pos Malaysia has been disposing of non-core assets, such as selling its stake in PNSL Bhd, to strengthen cash flow and reduce debt. This move is part of a broader effort to streamline operations and focus on core postal and logistics services [[❞]](https://www.thestar.com.my/business/business-news/2024/05/21/pos-malaysia-posts-smaller-1q-loss-optimistic-for-2024).

These strategies highlight Pos Malaysia's commitment to both improving its financial health and advancing its sustainability goals in the face of evolving market demands and environmental responsibilities.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Buy some, expecting rebound anytime

speakup

26,437 posts

Posted by speakup > 1 month ago | Report Abuse

Yes yes place your bets!
In Casino De Bursa, bet small win small, bet Big win Big

Posted by GlobalEquity > 1 month ago | Report Abuse

1 hour ago


GlobalEquity

The problem of Pos Malaysia is losing millions by the day! Very much looks like the trend will continue, so are the stock prices. The Kopi Shop thing is a joke for a postal service! How low can it go? Below 40 cents is not unlikely! The work culture thing is the most difficult to solve.

Posted by GlobalEquity > 1 month ago | Report Abuse

Hire a CEO from China. Tomorrow will limit up! No need CEO like Chew Shou Zi, any experts from Tencent or Alibaba will transform the company to the NEXT level. It's already self serviced for sending and collecting parcels in China without any staff! Self driving parcel delivery vans already roaming the streets!

abc333

1,528 posts

Posted by abc333 > 1 month ago | Report Abuse

mesrah coffee shop? what a joke! If they can be luckin partner, than , yes , they can turn around, otherwise, please tutup kedai
https://www.mfa.org.my/luckin-coffee-to-arrive-on-malaysian-shores-with-local-partner-sources/

Posted by GlobalEquity > 1 month ago | Report Abuse

Furthermore, why so much attention to Sustainability? Already bleeding cash nearing ICU still harp about zero carbon, waste treatment... just oblige the reporting and window dressing should be the right thing to do when business is in difficulty. No serious and painful rationalisation will lead to no where. Next quarter is dangerous!

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Final Destination => 2 sen

Posted by Mohd ImranRafifi > 1 month ago | Report Abuse

It will get delisted before reaching 2 sen 😆

Superdaddy

160 posts

Posted by Superdaddy > 1 month ago | Report Abuse

It's another neglected gem improving year by year. Cheers!!!

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Steady hand: Brewer is helming the postal service provider’s diversification into sectors such as retail and software as a service.

For some time now, beleaguered Pos Malaysia Bhd has been attempting to change its fortunes through various transformation strategies.

Its latest initiative entails a retail play, strengthening its international business, expanding its fulfilment services targeted at businesses and offering software as a service (SaaS).

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Privatisation at P/B value 1 to 1.5X ~ 61 to 92sen ... Let's see

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Pos Malaysia expands retail footprint with 17th store
Hazel King
By HAZEL KING
July 1, 2024

Charles Brewer, group CEO of Pos Malaysia, with employees of Pos Shop in GPO Kuantan
Pos Malaysia has continued its retail transformation journey with the launch of its latest Pos Shop convenience store located within the General Post Office (GPO) on Jalan Abdul Aziz, Kuantan, in Pahang.

Spanning 1,800ft2, the new Pos Shop in GPO Kuantan offers a one-stop solution for the local community, combining post and parcel services with a convenient retail space for daily essentials. It also features the popular Pos Kafe, where customers can enjoy a freshly brewed cup of coffee and purchase snacks, beverages and more while waiting for their parcels or before heading to work.

The launch of the 17th Pos Shop aligns with Pos Malaysia’s overall strategy to “continuously transform its offerings and better connect with customers across Malaysia”, it said in a statement on its website. “The company aims to build trust and enhance convenience by integrating its courier and logistics services with exciting new retail concepts,” it added.

Pos Malaysia aims to open an additional 33 Pos Shop outlets across key states by the end of 2024, bringing the total to 50 outlets nationwide.

Read an exclusive interview with Charles Brewer, group CEO of Pos Malaysia, in the September 2024 issue of Parcel and Postal Technology International – coming soon!

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

30-days Price
Date Price Open High Low Volume
2024-07-05 0.425 0.445 0.445 0.415 7,364,600
2024-07-04 0.440 0.445 0.450 0.440 1,857,700
2024-07-03 0.445 0.445 0.450 0.440 2,799,200
2024-07-02 0.445 0.455 0.455 0.445 3,514,900
2024-07-01 0.450 0.465 0.465 0.450 3,199,600
2024-06-28 0.465 0.465 0.480 0.460 2,237,700
2024-06-27 0.465 0.470 0.475 0.460 2,262,100
2024-06-26 0.470 0.475 0.475 0.465 1,111,800
2024-06-25 0.475 0.485 0.490 0.475 1,822,900
2024-06-24 0.480 0.475 0.490 0.475 1,217,400
2024-06-21 0.475 0.475 0.480 0.475 201,100
2024-06-20 0.480 0.485 0.485 0.475 397,800
2024-06-19 0.480 0.480 0.485 0.470 1,078,000
2024-06-18 0.475 0.485 0.485 0.475 1,120,700
2024-06-14 0.480 0.480 0.490 0.480 2,147,600
2024-06-13 0.480 0.485 0.485 0.475 1,518,000
2024-06-12 0.485 0.485 0.490 0.480 2,271,500
2024-06-11 0.485 0.480 0.490 0.475 1,147,900
2024-06-10 0.480 0.485 0.500 0.480 3,322,900
2024-06-07 0.490 0.490 0.500 0.490 2,091,100
2024-06-06 0.490 0.500 0.505 0.485 3,707,900
2024-06-05 0.500 0.490 0.500 0.480 2,229,300
2024-06-04 0.490 0.485 0.510 0.480 4,870,200
2024-05-31 0.485 0.485 0.495 0.480 1,455,700
2024-05-30 0.490 0.485 0.490 0.480 573,500
2024-05-29 0.485 0.490 0.495 0.475 4,473,500
2024-05-28 0.500 0.500 0.515 0.490 7,013,600
2024-05-27 0.500 0.495 0.500 0.495 970,900
2024-05-24 0.495 0.515 0.515 0.495 7,219,100
2024-05-23 0.520 0.480 0.550 0.480 19,617,700
2024-05-21 0.470 0.470 0.475 0.470 589,500
2024-05-20 0.470 0.470 0.475 0.465 327,900
2024-05-17 0.465 0.465 0.465 0.460 374,900
2024-05-16 0.465 0.465 0.470 0.460 629,300
2024-05-15 0.470 0.465 0.470 0.465 155,100
2024-05-14 0.465 0.470 0.470 0.465 877,100
2024-05-13 0.465 0.465 0.470 0.465 1,065,700
2024-05-10 0.470 0.465 0.470 0.460 335,000
2024-05-09 0.465 0.465 0.465 0.460 827,300
2024-05-08 0.465 0.470 0.475 0.460 2,584,600
2024-05-07 0.475 0.475 0.495 0.470 2,821,300
2024-05-06 0.475 0.480 0.485 0.475 1,746,600
2024-05-03 0.475 0.495 0.495 0.475 660,200
2024-05-02 0.495 0.495 0.500 0.495 241,500
2024-04-30 0.495 0.495 0.500 0.490 317,200
2024-04-29 0.490 0.480 0.495 0.480 717,800
2024-04-26 0.485 0.475 0.490 0.475 1,342,400
2024-04-25 0.475 0.475 0.475 0.470 63,000
2024-04-24 0.480 0.465 0.480 0.465 318,800
2024-04-23 0.465 0.475 0.475 0.465 647,000
2024-04-22 0.470 0.465 0.470 0.465 190,300
2024-04-19 0.470 0.470 0.470 0.465 331,300
2024-04-18 0.470 0.475 0.475 0.465 1,021,400
2024-04-17 0.475 0.475 0.475 0.475 63,200
2024-04-16 0.475 0.475 0.475 0.470 531,800
2024-04-15 0.480 0.480 0.485 0.475 502,900
2024-04-12 0.480 0.480 0.485 0.480 138,500
2024-04-09 0.480 0.480 0.480 0.475 248,000
2024-04-08 0.480 0.480 0.480 0.480 92,700

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

privatise it at a fire sale price now. wait n see yah!


#####Dulu
Khazanah Nasional Berhad (“Khazanah”) is pleased to announce that after an extensive two-stage process, the strategic divestment of its 32.21% stake in Pos Malaysia Berhad (“POS”) will be made to DRB-HICOM Berhad (“DRB-HICOM”). This decision was made following a rigorous selection process initiated by Khazanah to ensure that the new shareholder will be able to bring POS to the next level of growth.

The divestment is made via a conditional offer with a price consideration of RM3.60 per share or RM622.79 million. The offer price of RM3.60 per share is subject to the modification of the Special Rights Redeemable Preference Share in POS (“Special Share”) held by Minister of Finance (Incorporated) (“MoF Inc.”) This modification inter alia includes the reservation to appoint up to two Board members in POS; and the removal of rights to appoint the Chairman and Managing Director of POS and fix their respective remunerations such that these become matters for determination by the Board of Directors of POS. This condition precedent is not within Khazanah’s control, as it is the sole prerogative of MoF Inc to make any modification on the Special Share.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Nuffnang was also recognised with awards for the branded campaign categories: 'Best influencer marketing campaign' and 'Best B2B marketing campaign' for its partnership with Pos Malaysia Bhd.

https://www.klsescreener.com/v2/news/view/1348419/malaysia-039-s-xamble-announces-key-appointments-to-drive-growth-plans

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Among them, Bintulu Port Holdings Bhd beat Kenanga’s expectation, while Westports Holdings Bhd and Pos Malaysia Bhd met our expectations but Swift Haulage Bhd disappointed.

https://www.thestar.com.my/business/business-news/2024/06/21/rise-in-ecommerce-expected-to-boost-growth-in-logistics-sector

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Pos Malaysia perkenal bayaran tanpa tunai khidmat hantar ubat KKM
KUALA LUMPUR: Pos Malaysia Bhdmenjalin kerjasama dengan Kementerian Kesihatan Malaysia (KKM) dan Kiplepay Sdn Bhd (Kiplepay) bagi memperkenalkan sistem pembayaran dalam talian untuk perkhidmatan Ubat Melalui Pos (UMP). Langkah strategik itu membolehkan orang ramai kini memesan ubat daripada fasiliti kesihatan ...

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Kenanga Research highlighted that DRB-HICOM plans to reduce its ownership in Bank Muamalat to 40 per cent by 2025 and is committed to revitalising Pos Malaysia Bhd within the next three years.

https://www.klsescreener.com/v2/news/view/1343089/drb-hicom-to-sell-nearly-160-000-proton-80-000-honda-vehicles-in-2024

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Pos Malaysia Bhd’s group chief executive Charles Brewer said he sees generative AI as an exciting development that’s anticipated to change many different parts of its business. “Generative AI is a huge opportunity and super exciting. We know of 642 use cases where it would add significant value to our employees, customers and business. On the flipside, we have to think of the jobs that would no longer exist, and we would need to reskill these people and create new business units,” Brewer told StarBiz.

https://www.thestar.com.my/business/business-news/2024/06/12/generative-ai-set-to-shake-up-job-market-create-new-opportunities

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Pos Malaysia invests in well-being of workers
TheStar Tue, Jun 11, 2024 12:00am - 3 weeks


PETALING JAYA: Pos Malaysia Bhd is expected to gain higher profits as the company accelerates its investments in employees’ health and well-being via its initiative called FIT, says chief executive officer Charles Brewer.

“Healthy and happy employees will deliver better service for our customers, and happy customers will stay with us longer, leading to profitability,” he said during his key address at the FIT launching ceremony at Pos Malaysia’s headquarters yesterday.

He added that Pos Malaysia would benefit from higher productivity and improved financials.

“Having highly motivated, engaged and safe employees is a key part of our transformation-focused strategy and we deliver on that by ensuring we create an amazing and safe environment where our teams can flourish,” Brewer added.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Pos Malaysia Bhd is selling its ship-chartering unit that mainly deals with bulk cargoes for RM123.2mn as part of a move to shed non-core businesses.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Pos Malaysia Berhad, the national post and parcel provider, and Payments Network Malaysia Sdn Bhd, the national retail payments network infrastructure provider, have enabled the option of making cashless payments at over 3,500 of Pos Malaysia’s touchpoints nationwide, marking a significant milestone in Pos Malaysia’s digital payments transformation journey.

https://www.msn.com/en-my/lifestyle/other/pos-malaysia-teams-up-with-paynet-in-cashless-kaw-kaw-campaign/ar-BB1oPnow

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Pos Malaysia just unveiled two limited edition collectible tote bag designs that feature iconic Pos Malaysia symbols, in collaboration with custom gift shop Famsy Mall

Take one look at the 'Peti Pos Tote Bag' and you'll instantly recognise that it's been inspired by the classic all-red mailbox.

https://says.com/my/lifestyle/check-out-these-cute-pos-malaysia-tote-bags-that-you-can-customise-with-your-own-name#google_vignette

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

FSMOne favours Malaysian equities in 2H2024
By Aris Riza Noor Baharin & Kuek Ser Kwang Zhe / theedgemalaysia.com
04 Jul 2024, 07:44 pm

Posted by GlobalEquity > 1 month ago | Report Abuse

Astro just hit again! (Stock prices all the way down to the historic low of RM0.29)

This may be a similar fate too for POS with analysts forecasting the target price of RM0.33 going forward! Everyday historic lows!

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

privatisation hopefully
SHAREHOLDINGS
As at 27 March 2024
Total number of issued shares : 782,776,836 ordinary shares and one Special Rights Redeemable Preference Share
Voting Rights : One vote for every ordinary share, on a poll voting
(The Special Rights Redeemable Preference Share does not carry any voting right except in
circumstances set out in the Company’s Constitution)
No. Shareholders : 24,132
SUBSTANTIAL SHAREHOLDERS
(Based on the Register of Substantial Shareholders)
No. Substantial Shareholders Direct Indirect
No. of shares % No. of shares %
1. DRB-HICOM Berhad 172,997,399 22.10 245,750,751* 31.39
2. HICOM Holdings Berhad 245,750,751 31.39 - -
3. Tan Sri Dato’ Seri Syed Mokhtar Shah bin Syed Nor - - 418,748,150# 53.49
4. Etika Strategi Sdn Bhd - - 418,748,150^ 53.49
Notes:
* Deemed interested pursuant to Section 8 of the Companies Act 2016 by virtue of its interest in HICOM Holdings Berhad.
# Deemed interested pursuant to Section 8 of the Companies Act 2016 by virtue of his interest in DRB-HICOM Berhad via Etika Strategi Sdn Bhd.
^ Deemed interested pursuant to Section 8 of the Companies Act 2016 by virtue of its interest in DRB-HICOM Berhad

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Stay + always. hehe

(i) the privatisation of POS at a premium over the market price, (ii) the return of profitability as cost rationalisation efforts finally pay off, and (iii) POS emerging stronger post the consolidation of the courier service segment after weak players are eliminated.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Pos Malaysia Bhd is planning to monetise the retail and warehouse spaces it owns around the country.

The company, which is part of DRB-Hicom Bhd, is in the midst of a turnaround plan.

“Increasingly, we see ourselves being a landlord and we would like to (repurpose) and lease out the retail spaces which have post offices in it,” said Pos Malaysia group chief executive officer Charles Brewer at a media luncheon and briefing here yesterday.

“We may own the land where the four walls are built on, but what we do within the four walls will be renting out some space. We are hiring a team of people for this purpose. We would like to increase our revenue per sq ft which will get us to break even,” Brewer added.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Brewer explained to that it would not need to incur an additional capital expenditure (capex) since the costs would be borne by the operator who would be leasing the space from Pos Malaysia.

“We want to monetise the land this way. In fact many postal services companies around the world are facing this predicament where almost everything is done online. Some of them have decided to sell the land that they own,” he said.

In his presentation, Brewer also said the company might incorporate retail elements into existing land space that it owns such as pharmaceutical or electric vehicle charging.“In terms of retail, we are still learning what works and doesn’t or the ones that create values.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

hehe, a surprise could happen sooner or later.

Pos Malaysia is considering another rate hike this year for several reasons:

Profitability Concerns: The company has faced financial difficulties, including significant net losses in recent years. The rate hike is expected to help Pos Malaysia return to profitability by boosting earnings from its postal services and international businesses​ (Focus Malaysia)​.

Increased Operating Costs: Rising operating costs, including those related to labor and infrastructure, necessitate higher revenue to maintain service quality and operational sustainability​ (Focus Malaysia)​.

Declining Mail Volumes: There has been a continuous decline in traditional mail volumes due to digitalization. Higher rates can help offset the revenue loss from this declining segment​ (Focus Malaysia)​.

Regulatory Approvals: The company is awaiting government approval to implement the tariff hike, which would allow for better financial stability and service improvements​ (Focus Malaysia)​.

These measures are aimed at ensuring the long-term sustainability and efficiency of Pos Malaysia’s operations.

Penarak

88 posts

Posted by Penarak > 1 month ago | Report Abuse

They said that 1 year ago.Nothing happened. Only thing that has happened is share price has gone down from 0.55 to 0.42 !

abang_misai

2,550 posts

Posted by abang_misai > 1 month ago | Report Abuse

You must remember that POS is investing into traditional business. Pos has very strong union which champion for its workers wellfare. Mailling business not good but Pos can't just terminate redundant workers.

Pos re-assign old staff from Pos office to jaga retails outlets. Old staff manning counters means expensive staff salary. How lah to make profit?

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

DRB-HICOM's refocus on Pos Malaysia stems from strategic initiatives to streamline and enhance their logistics and postal services. By consolidating logistics under Pos Malaysia, DRB-HICOM aims to improve operational efficiency and create synergies within its business segments.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

DHL Express has announced an average price increase of 4.9% for its services in Malaysia, effective January 1, 2024. The rates are influenced by various factors, including inflation, currency dynamics, and administrative costs. For detailed rate information and to get specific quotes for domestic and international shipments, you can use DHL's online tools to calculate the exact fees based on your shipment details.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Whether Pos Malaysia should increase its rates like DHL depends on various factors, including operational costs, market demand, and competitive positioning. While DHL's rate hike was due to inflation, currency fluctuations, and administrative costs, Pos Malaysia would need to evaluate similar factors within its own operational context. Such a decision should balance the need for financial sustainability with customer satisfaction and market competitiveness. Conducting a thorough market analysis and engaging with stakeholders would be essential steps in making this decision.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Pos Malaysia could consider offering similar services to Singapore Post to remain competitive and enhance customer satisfaction. Singapore Post offers a range of innovative services, including:

1. **eCommerce Solutions**: Comprehensive logistics and warehousing services.
2. **International Shipping**: Extensive global delivery options.
3. **Digital Services**: Advanced tracking and digital platforms for customer convenience.
4. **Sustainable Practices**: Environmentally friendly initiatives.

Adopting similar services could help Pos Malaysia attract more customers, improve efficiency, and keep pace with global postal service trends. However, thorough market research and cost-benefit analysis would be essential to ensure feasibility and sustainability.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

To make Pos Malaysia profitable like Singapore Post, several strategies can be implemented:

1. **Expand Digital Services**: Develop robust e-commerce solutions and digital platforms for enhanced customer experience.
2. **Diversify Offerings**: Introduce more value-added services, including international shipping and logistics.
3. **Enhance Operational Efficiency**: Invest in technology and automation to streamline operations and reduce costs.
4. **Focus on Sustainability**: Implement eco-friendly practices to attract environmentally conscious customers.
5. **Strategic Partnerships**: Form alliances with global logistics companies to expand reach and capabilities.

By adopting these strategies, Pos Malaysia can improve profitability and competitiveness.

Good123

25,242 posts

Posted by Good123 > 1 month ago | Report Abuse

Setting up shops and cafes could be a viable strategy for Pos Malaysia to boost profitability. This approach has the potential to:

1. **Increase Foot Traffic**: Attract more customers to physical locations.
2. **Enhance Customer Experience**: Provide additional services that make visits more enjoyable and convenient.
3. **Generate Additional Revenue**: Create new income streams beyond traditional postal services.
4. **Utilize Space Efficiently**: Make better use of existing retail spaces.

This strategy should be implemented to ensure it aligns with customer needs and preferences.

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