Posted by StartOfTheBull > 2022-10-09 16:54 | Report Abuse

According to the newly announced budget, more goodies will be given away in the form of handouts to low income groups and 2% tax cut to the M40, consumers spending should improve further without lifting of subsidies by the government.

Posted by doll > 2022-10-12 16:58 | Report Abuse

cash flow is bad, will only incur more borrowings in the future. Wasn't like the first i knew them, zero debt. good luck!

Posted by speakup > 2022-10-12 17:01 | Report Abuse

ini semua pasal CU store

Posted by doll > 2022-10-13 09:45 | Report Abuse

Tapi it's their last card. If it wasn't because of CU, the company might be long gone ady haha

Posted by wallstreetrookie > 2022-10-18 12:48 | Report Abuse

MyNews - another turnaround stocks. Let the company go through the necessary restructuring. Then we fly

Posted by wallstreetrookie > 2022-10-18 12:48 | Report Abuse

I am pretty sure MyNews will survive. No PN17

Posted by doll > 2022-10-19 14:22 | Report Abuse

How pretty is your sure? Owe others $, receive petition then only willing to pay

Posted by Michael Kwok > 2022-10-26 20:47 | Report Abuse

Price 49 cents
Let see few days(thurs,fri,monday)never below 44.5 cents by closing a buy call.
26/10/22 8.48pm

Posted by wallstreetrookie > 2022-11-07 09:25 | Report Abuse

MyNews is currently going through a series of restructuring. After that, it will be acquired by QL Resources

Posted by wallstreetrookieNEW > 2022-12-19 10:06 | Report Abuse

Bought even more Mynews

Posted by wallstreetrookieNEW > 2022-12-19 10:07 | Report Abuse

Revenue per store will beat analyst estimates in the next 2 quarters moving forward FY2023

Posted by wallstreetrookieNEW > 2022-12-22 16:16 | Report Abuse

Do not get shaken out.

Posted by wallstreetrookieNEW > 2022-12-22 16:17 | Report Abuse

MyNews remains the best turnaround opportunity on the market. A lot of institutional interest in this company. PMs will try to shake retail out. MyNews is still trading 10% below intrinsic value

Posted by doll > 2022-12-23 10:33 | Report Abuse

Other income manage to cover the loss this q. Probably trimmed some expenses but everything else are the same. Many cashing out from small gain previously. First i knew this Company they have zero debts, with many private placements, now can't even attract whale investors

Posted by newbie8080 > 2022-12-23 11:18 | Report Abuse

Just be cautious as the company grow CU store with more than 50% of the stores making losses as they grow further.
Lease liabilities balloon from RM87mil in 2021 to RM154 mil in 2022.
Cash is dwindling to all time low and expected either a rights issue or private placement in 1-2 quarters from now.

Posted by doll > 2022-12-23 14:01 | Report Abuse

maybe rights issue. who want do pp with them? all institutional also left. used to have kwap, epf, aberdeen with them, where now only the owners are buying back themselves

Posted by newbie8080 > 2022-12-23 14:36 | Report Abuse

@doll
True and very much agreed.
In fact, before they announced CU store project in 2020, the company had been making good revenue growth and very profitable.

Posted by BursaVulture > 2022-12-23 17:33 | Report Abuse

@newbie8080

They make good profit and revenue before FamilyMart came to malaysia. Problem with myNews is they always follow people. Last time says will beat 711 in their own game by setting up shops nearby 711. When FM came to Malaysia, they tried to copy by setting up their FPC, nobody goes to mynews and buy ice cream and bread, so they lose lots of money in FPC.

Now FM moving to dine in cafe style, go check out FamiCafe. CU now outdated already. Always a follower.

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Buy more

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

These sour grapes missed out the chance to buy MyNews at the bottom. The company will return to previous highs in one or two years

Posted by doll > 2 months ago | Report Abuse

@newbie8080 @BursaVulture

Very true as well. Like i mentioned, is their last card CU saved their ass.

I m not against the Company, but with the management team like that better i put my money elsewhere. Was visiting them quite frequently when there are MYNEWS, local brand, now they are like KOREAN already. I hate KPOP so too bad lar

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Let's go

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Top up RM20k

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

So many sour grapes and liars here. I know y'all bought already

Posted by nickinvests > 2 months ago |

Post removed.Why?

Posted by nickinvests > 2 months ago |

Post removed.Why?

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

This guy named doll keeps lying. 2 months ago, this person @Doll tried to convince MyNews investors to sell their shares. If anyone listened to @doll, they would've missed out on the recovery.

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

There are a lot of smart people on i3. But they usually don't spend a lot of time on the forum.

Posted by goldmanbull > 2 months ago | Report Abuse

Telegram name: mynewsinvestors

Posted by goldmanbull > 2 months ago | Report Abuse

Turnaround story + outlet growths + margin expansion = Due for breakout
Imagine when MyNews starts slowing down on CU expansion and less CAPEX spent, economies of scale, FPC profitable and economy recovers to pre-covid which we are seeing now. I can only imagine huge profits. Double of pre-covid levels.

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Shh

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Don't promote

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Almost time to take profits on MyNews

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

One more pump and we SELL let’s go

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

MyNews downgraded from Overweight to Neutral

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

Almost time to take profits

Posted by quinriver > 2 months ago | Report Abuse

Tq nickinvest for the telegram grp share. Make $$$ after reading all the contents there. For all, i3 no good information.

Telegram group: MyNews Investors (CU)

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

I disagree, i3 has faster information and better access to technicals. Telegram group is a hive mind.

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

You just need to know which profile to follow on i3 and avoid profiles like rr88 and Calvintaneng

Posted by VTrade > 2 months ago | Report Abuse

China GDP drop 25%
From 3.9%
To 2.9%

Posted by rahulsk1947 > 1 month ago | Report Abuse

it crashed well

Posted by kimpeng > 1 month ago | Report Abuse

cuci

Posted by DickyMe > 1 month ago | Report Abuse

>55 sen> 48 sen> 36 sen

Posted by i3lurker > 4 weeks ago | Report Abuse

MyNews is a flip flop company, thats why sales are poor

example
MyNews stopped selling newspapers.
Hundreds of thousands of old men and old women stopped going to MyNews.

These old men and old women goes instead to 7Eleven to buy
1) Newspaper
2) Bread
3) Biscuits
4) etc high margin goods

so 7Eleven got free gift from MyNews. ha ha ha

MyNews now very ultra losses hyper sad super desperate started selling newspapers again.
Question is does these Hundreds of thousands of old men and old women know that MyNews started selling newspapers?

my conclusion from above stupeeeed episode is that the CEO is an amateur tak pigi sekolah one loh.

Posted by speakup > 4 weeks ago | Report Abuse

at least MyNews microwave not cleaned by floor mop!

Posted by speakup > 4 weeks ago | Report Abuse

7-11 microwave guna floor mop to clean

Posted by speakup > 4 weeks ago | Report Abuse

https://malaysiadateline.com/pekerja-7-eleven-cuci-microwave-guna-mop-lantai-warganet-beri-amaran-tempat-goreng-kentang-m-juga-kotor/

Always remember this!

Posted by i3lurker > 4 weeks ago | Report Abuse

its relevance
these old men and old women dun know how to use microwave
older generation
they dunno mop news also. its internet news
:)
life is not fair but thats life
:)

Posted by speakup > 4 weeks ago | Report Abuse

those holding SEM share, better swap to MyNews cos after the microwave floor mop incident in January, sales in SEM have dropped drastically

Posted by BursaVulture > 3 weeks ago | Report Abuse

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.