Posted by treasurehunt > 2022-11-04 12:33 | Report Abuse

If SEM doesn't sell Caring unit, the company will be stucked in the middle of expansionary mode due to lack of cash.

Posted by dragon328 > 2022-11-04 15:25 | Report Abuse

@Amazonboy, agree with your comment. VT must believe that SEM is worth way higher than RM2.38 as he got the company to buy back shares up to RM2.38. He must also believe that Caring is worth higher than RM1.3 billion price tag if he decides to hold on

VT oso want to make $$...we have to trust his judgment...since he believe can get higher price

Posted by dragon328 > 2022-11-04 15:33 | Report Abuse

share price rebound is on the way. I think this round the share price uptrend will be fast as weak holders and goreng kaki have been washed out, now left only VT to control the price movement

Posted by treasurehunt > 2022-11-04 15:43 | Report Abuse

If VT has the ambitious to go big in 7 Cafe business, they need at least another RM 400 million to expand the number of outlets to 1000 units. Tealive Malaysia got 800 outlets lor.

Posted by dragon328 > 2022-11-04 16:12 | Report Abuse

yes another RM400 million will be needed to expand 7-Cafe outlets to 1,000. SEM may fund it through 2 years of operating cash flows or selling all or part of Caring.

But I do not think it will go expand so rapidly (add 1,000 outlets in 2 years), maybe current pace of 100-150 outlets per year is ideal, or could go higher at 200-250 outlets per year if it manages to sell Caring

Posted by shareprofit > 2022-11-04 16:16 | Report Abuse

7cafe is nonsense la, we all know how dilapidated 711 stalls all around msia...u tink sudenly 7cafe ard and they can win market share? the perception of dingy 711 is bad, i dun even wana step inside it. the only bright spot is their pharmacy biz. other than that...what 711 growth??? if growing, then now already monopoly coz they started doing it much much earlier than family mart or etc.

Posted by treasurehunt > 2022-11-04 16:32 | Report Abuse

7/11 is so old or outdated already with tiny little shops displaying their products. They need money for a faceoff to catch up with the trend.

https://www.google.com/amp/s/vulcanpost.com/787555/7-eleven-convenience-store-malaysia-7-cafe/amp/

Posted by cheeseburger > 2022-11-04 16:35 | Report Abuse

they should learn from Thailand 7-11

Posted by treasurehunt > 2022-11-04 16:45 | Report Abuse

7/11 need to have extra money to learn from Thailand 7/11. No money no face-lift.

Posted by treasurehunt > 2022-11-04 16:54 | Report Abuse

Money has been used up for investing in Caring business for the last 3 years. Time to take back the money and having a face-lift for 7/11.

Posted by Amazonboy > 2022-11-04 16:57 | Report Abuse

Most important share price go up..mLol

Posted by treasurehunt > 2022-11-04 16:59 | Report Abuse

How the share price goes up with the outdated or dilapidated 711 stalls? Disposing Caring is the only catalyst.

Posted by Raiz368 > 2022-11-04 17:05 | Report Abuse

Next week will break to rm2.00..

Posted by dragon328 > 2022-11-04 17:05 | Report Abuse

Good closing today!

Posted by dragon328 > 2022-11-04 17:08 | Report Abuse

haha treasurehunt is so determined at selling off Caring, I would be glad if you are right on an imminent disposal at RM1.3 bn or higher.

Pls go and advise VT & team and try get a buyer fast

Either way, SEM share price will go past RM2.38 eventually to beyond RM4.00.

Posted by treasurehunt > 2022-11-04 20:59 | Report Abuse

Dragon. I based on the people view on the existing 7/11 stalls. The fact of its stalls is really outdated and dilapidated. No future. Lolz

Posted by JP01 > 2022-11-04 22:12 | Report Abuse

Not sure why majority thoughts that VT will sell Carings, the prospect is so good and still appreciating, I see no reason why have to sell it now, caring revenue is the supportive for 7-11 revenue, if VT need money he can find others way to fund it la, old 7-11 has losing streams, new 7-11 yet to prove as strong revenue generator, don't be so optimistic, the share price can go down to 1.2 or below.

Posted by Amazonboy > 2022-11-05 00:46 | Report Abuse

Than u better sell quick on monday morning if u have shares...VT is looking 4 shares 2 buy...Lol

Posted by JP01 > 2022-11-05 11:17 | Report Abuse

Yes, i will sell as I bought in 1.5 sell at 2.26 bought again 1.63, will sell it partial at 1.9.

Posted by Amazonboy > 2022-11-05 13:19 | Report Abuse

Good. If got chance to take profit do it...

Posted by shareprofit > 2022-11-07 09:47 | Report Abuse

the excitement is gone? next thing to watch is what happen after SBB hit 10%, if VT start coming in himself, then it's party time all again...but if not, then, hope will settle higher than prev.

Posted by treasurehunt > 2022-11-07 18:20 | Report Abuse

Everyday, SEM buys back it own shares including today. Tomorrow buyback would be the last batch of hitting 10% limit.

Posted by treasurehunt > 2022-11-07 18:36 | Report Abuse

May be its cash rich sister company will be snapping the shares after tomorrow. BJFood is a good example of share buyback almost hitting 10%. Lolz

Posted by dompeilee > 2022-11-08 09:15 | Report Abuse

They already raised enuf $ for election from yr pockets & the co. treasury...now going back to sleep lol

Posted by treasurehunt > 2022-11-08 10:51 | Report Abuse

Donation is too little. Need certain cash rich party to buy more shares before GE? Lol

Posted by shareprofit > 2022-11-08 18:47 | Report Abuse

10%
VT, your next moves pls..

Posted by treasurehunt > 2022-11-08 19:31 | Report Abuse

This cash rich sister company got more than RM 100 million in its piggy bank. Hahaha

Posted by Hafid > 2022-11-08 19:49 | Report Abuse

the share only worth 0.10sen

Posted by dompeilee > 2022-11-10 07:38 | Report Abuse

When price is sky high, co. bought 8 mil shares...when price plunged back 30% to only severely overvalued(vs insanely overvalued),co. only bought 0.0021 mil shares...proves my point that the whole move from 1.55 to 2.46 was artificially orchestrated to force donations for election purposes lol

Posted by JP01 > 2022-11-10 09:19 | Report Abuse

Those who chase high at 230-240 gg

Posted by kingoftradings > 2022-11-10 11:27 | Report Abuse

JP01

Those who chase high at 230-240 gg

GOT ONE BOTAK HEAD OREDI DELETED COMMENT HERE

Posted by shareprofit > 2022-11-10 17:54 | Report Abuse

i really duno how the CFO can answer to shareholder that he used company money to goreng until so high with SBB and now 711 saddled with huge paper loss...

i left 711 with +30% profit, i must thank 711 shareholders

Posted by JP01 > 2022-11-10 20:47 | Report Abuse

Share market ada org happy ada jugak org sakit hati, don't be greedy, take profit and run

Posted by NatsukoMishima > 2022-11-10 23:49 | Report Abuse

Gamble with cunning fox , sure u will lose until naked !

Posted by dompeilee > 2022-11-11 07:33 | Report Abuse

kingoftradings


JP01

Those who chase high at 230-240 gg

GOT ONE BOTAK HEAD OREDI DELETED COMMENT HERE

20 hours ago

We know sc*mbag pang72's style for a long time already lor lol

Posted by dragon328 > 2022-11-11 15:08 | Report Abuse

Selling pressure has abated after 14.5 million shares have been dumped since the big fall from 2.38. Time to buy back!!

Posted by dragon328 > 2022-11-11 15:22 | Report Abuse

7-Cafe is the future and it will help SEM to fend off competition from other convenient stores.
Transaction size per pax has inceased by over 15% y-on-y to RM8.43 in 2Q2022, pushing gross margin to a high of 33%.

Same-store-sales growth achieved a good 44.1% in 2Q2022, helped by higher transaction size per pax and longer operating hours for certain 7-11 convenient stores.

The numbers speak for itself and these will only improve further in 2023 as more 7-Cafes are opened and as Caring pharmacy expands its network in East Malaysia

Posted by dragon328 > 2022-11-11 17:06 | Report Abuse

You can see that just now there was a big buyer with 100k at 1.65, it was either VT & co or another smart money scooping up SEM cheap.

Good news is coming!!

Posted by Amazonboy > 2022-11-11 17:50 | Report Abuse

Sold ady...pump & dump counter is bad for my health...Lol

Posted by dompeilee > 2022-11-11 19:05 | Report Abuse

SEM lost her virginity to the election syndicates already...they have already gone over to play with Karex & others...don't get trapped here with pathetic dividend yield & severe overvaluation!

Posted by dragon328 > 2022-11-12 15:26 | Report Abuse

pump & dump is over, election will be over

It will be down to fundamental play and SEM promises sustainable growth with strong operating cashflows

Posted by dompeilee > 2022-11-15 15:19 | Report Abuse

Buyback engineered to steal $$$ to put into politicians' pockets...Proof? Buyback stopped shortly after price plunged because politicians tipped off earlier all sold & run off with the spoils lol

Posted by cheeseburger > 2022-11-15 16:06 | Report Abuse

Lucky i didnt follow wind to buy when it was down from peak...good luck to those still holding it.

Posted by JP01 > 2022-11-17 15:20 | Report Abuse

I buy again at 1.63, let see,I believe the show is not ended yet

Posted by Amazonboy > 2022-11-18 07:43 | Report Abuse

Yes, after elections will go up but so will many other counters...Lol

Posted by 263263 > 2022-11-23 15:48 | Report Abuse

result is good?

Posted by dragon328 > 2022-11-24 16:29 | Report Abuse

result should be good as its pharmacy segment profit margin is expected to normalise to 4%-6%, from just 3% in 2Q

Posted by JP01 > 2022-11-29 18:11 | Report Abuse

Result is great, let's see what happen tomorrow morning.

Posted by dragon328 > 2022-11-29 21:44 | Report Abuse

result is good, though the pharmacy segment still registered low margin.

Q3 Gross profit was steady at RM275.7 million with healthy margin of 28%. High operating expenses and abnormally high taxation rate dragged net profit to RM16 million which is 79% higher than last year.

Posted by dragon328 > 2022-11-29 21:47 | Report Abuse

Operating cashflows were strong at RM275 million for 9 months ended 30 Sept 2022, annualised to RM366 million. Capex amounted to RM59.9 million for the 9 months, within expectation.
Annual free cash flows may amount to RM366m - RM80m = RM286 million or 23 sen per share.