MYNEWS HOLDINGS BERHAD

KLSE (MYR): MYNEWS (5275)

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Last Price

0.435

Today's Change

+0.015 (3.57%)

Day's Change

0.40 - 0.44

Trading Volume

3,176,600


1 person likes this.

1,626 comment(s). Last comment by PenditaAlam 1 week ago

DannyArcher

1,250 posts

Posted by DannyArcher > 2022-04-18 14:52 | Report Abuse

what is going on?

doll

62 posts

Posted by doll > 2022-04-20 11:37 | Report Abuse

how old already still maternity leave? looking at it, it's a job downgrade & consultant's package will be much lower than CEO's and of course less authority call to any decision making action moving onwards. Or maybe tendered resignation or management terminating her soon

DickyMe

12,022 posts

Posted by DickyMe > 2022-04-21 19:23 |

Post removed.Why?

DannyArcher

1,250 posts

Posted by DannyArcher > 2022-04-24 10:36 | Report Abuse

how low can it go?

profitgrow

692 posts

Posted by profitgrow > 2022-04-26 11:50 | Report Abuse

can go how low?

DickyMe

12,022 posts

Posted by DickyMe > 2022-04-27 17:31 |

Post removed.Why?

MiaoMiao7

449 posts

Posted by MiaoMiao7 > 2022-04-27 19:23 | Report Abuse

Rights Issue or PP coming

doll

62 posts

Posted by doll > 2022-04-28 15:22 | Report Abuse

got news. mr isaac lim fung sern is leaving the company soon. guess this mr lim must be the finance or investor relations head.

how low? below 50c la

Posted by BursaVulture > 2022-05-09 20:50 | Report Abuse

mynews got no news....

apple168

6,234 posts

Posted by apple168 > 2022-05-19 14:06 | Report Abuse

Poorly managed company that designed to fail!

Thomask

40 posts

Posted by Thomask > 2 months ago | Report Abuse

0.6 now

Posted by InsiderShark > 2 months ago | Report Abuse

C U @ RM0.30 ?

DickyMe3

629 posts

Posted by DickyMe3 > 2 months ago |

Post removed.Why?

apple168

6,234 posts

Posted by apple168 > 1 month ago |

Post removed.Why?

PunTatBerSiul

1,021 posts

Posted by PunTatBerSiul > 1 month ago |

Post removed.Why?

PunTatBerSiul

1,021 posts

Posted by PunTatBerSiul > 1 month ago | Report Abuse

Nyeeeehhhhh..Nyeeeeeehhhhh...nyeh aaanyeh
Tak..Tak....Tak untung!

DannyArcher

1,250 posts

Posted by DannyArcher > 1 month ago | Report Abuse

any news for mynews?

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

9 consecutive quarters of losses. gruesome

DannyArcher

1,250 posts

Posted by DannyArcher > 1 month ago | Report Abuse

my view is still the same, they should close down mynews and focus on CU. I saw a photo where they open a mynews side by side with a CU, what in the world are they thinking? somemore manager is responsible for the profit and loss of an outlet? if i am the manager, i will resell yesterday's food, say if the corndog is not sold for 3 days, i will continue to sell, who cares about food freshness, as long as I get my promotion and bonus.

ini macam tak boleh lah...

Thorman

100 posts

Posted by Thorman > 1 month ago | Report Abuse

When the business plan is like Alibaba, what you expect.
Franchisees burn, stockist happy.

Thorman

100 posts

Posted by Thorman > 1 month ago |

Post removed.Why?

doll

62 posts

Posted by doll > 1 month ago | Report Abuse

They want market share. Neva buy from mynews then buy from CU lor. and profit sharing from CU wont be so abundant, cause the Company is merely a franchisor. All time low today. Closing should be below 50c already. EPF slowly disposing this very poorly managed Company

DannyArcher

1,250 posts

Posted by DannyArcher > 1 month ago | Report Abuse

they still sell ice cream and bread in mynews, knowing they are losing money... especially the ice cream, why? lose money still continue to do the same thing? then mynews supervalue got mini mynews inside... why?

mynews brand is dead, just accept it. they should slowly close down mynews, focus on CU or rebrand mynews to Maru and come up with something different.

problem with management is they always follow people, never lead. last time say they can be as big as 711 by opening an outlet adjacent to 711 and capture their market share and grow. then familymart came in, shake the whole market, so they try to follow FM by introducing food and ice cream... follow follow but dont know doing what, lose money. now 711 rebrand to 7 Cafe. mynews still stuck with the old format... eventually it will die.

doll

62 posts

Posted by doll > 1 month ago | Report Abuse

Yeah, 49c!. Not sure if ice creams and breads are making losses, but I like them going venture into these. Only that they don't have creativity. Most of the the things follow family mart. No clear direction. Last time they JV with Jap, now with Korean, only to fight competitors off. Maru is indeed a good move and idea, however, I have no idea why the Japanese guy was removed or he left. Perhaps the management was not happy with him. Such a waste of talent.

And also hired so many board members for what? Bye myNews, you are falling hard this time.

PunTatBerSiul

1,021 posts

Posted by PunTatBerSiul > 1 month ago |

Post removed.Why?

Posted by NatsukoMishima > 1 month ago | Report Abuse

Great resession coming soon but still continue expand even qr net loss , this is very high risk bro !

Posted by Goldenhorse > 1 month ago | Report Abuse

After considering the experience of Ayer Tawar guy, MyNew could fall below the floor to 10 sens

Posted by BursaVulture > 1 month ago | Report Abuse

CU becomes ICU

doll

62 posts

Posted by doll > 1 month ago | Report Abuse

executive chairman purchased 220,000 units yesterday. follow or not? hahaha

dompeilee

10,984 posts

Posted by dompeilee > 1 month ago | Report Abuse

Another turkey for EPF, the expert @ losing money lol

Nepo

2,453 posts

Posted by Nepo > 1 month ago | Report Abuse

This type of trend is called fat frogs cooking in warm water.

fregend

293 posts

Posted by fregend > 1 month ago | Report Abuse

Where is the bottom? wait EPF clear

Posted by BursaVulture > 1 month ago | Report Abuse

CU @ 10 cents?

Posted by redhotpepper > 1 month ago | Report Abuse

I like this penny stock, gives me satisfaction.....

ccpool

245 posts

Posted by ccpool > 1 month ago | Report Abuse

Looking for 0.285-0.280 region

doll

62 posts

Posted by doll > 1 month ago | Report Abuse

why only mr john buying from EPF? Other directors takda support ke?

newbie8080

2,538 posts

Posted by newbie8080 > 1 month ago | Report Abuse

Yup, GS25
Another korean mart. Targeting 500 outlets in 5 years.

DickyMe

12,022 posts

Posted by DickyMe > 1 month ago |

Post removed.Why?

profitgrow

692 posts

Posted by profitgrow > 1 month ago | Report Abuse

this mynews will gone in year 2025..... pass by a few Mynews convenient store.... no customer during peak hour.. i dont think they can pay up the Debt.. somemore their Korean Store is not popular and malaysian aren't a fan of kimchi.

Posted by Goldenhorse > 4 weeks ago | Report Abuse

You cant teach an old dog new tricks

Foker

1,406 posts

Posted by Foker > 3 weeks ago | Report Abuse

Ah diu ah this mah nius look so promising at first. So dissapointed after knowing their stores are empty

beluga

149 posts

Posted by beluga > 2 weeks ago | Report Abuse

i find that their store n branding cannot compete with Happy Mart , Family Mart, 7 Eleven. at first i think that's just me. every individual has different taste. but when asked my friends, all view the same. But in Malaysia where 70% of population is Malay, you want to target the Malay appetite .. like TeaLive.. I guess they need to rebrand their MyNews . Even near my place , CU.... i find it can't compete with its competitors. Will this retail share price become like another Parkson?

Foker

1,406 posts

Posted by Foker > 2 weeks ago | Report Abuse

@Belugawhale chill lah, Mynews operate profitably for the past 10 years before pandemic. This convenience chain store is won't die so fast. CU will be a problem. Not Mynews

Foker

1,406 posts

Posted by Foker > 2 weeks ago | Report Abuse

Mynews just serve a different market

Posted by InsiderShark > 2 weeks ago | Report Abuse

Another bad news.... luck is really not on their side

https://focusmalaysia.my/mynews-langkawi-duty-free-operators-not-in-sy...

doll

62 posts

Posted by doll > 2 weeks ago | Report Abuse

hahaha! what kind of different mkt? we are malaysians afterall. Things've changed, last time lesser competitors. Generally only myNews vs 7e. Many smokers switched to vape and also the implementation of the anti smoking law will be a blow to them. FPC also a big debt burden. No wonder EPF run first

Posted by PenditaAlam > 1 week ago | Report Abuse

22 sen coming soon!

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