MYNEWS HOLDINGS BERHAD

KLSE (MYR): MYNEWS (5275)

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Last Price

0.635

Today's Change

+0.005 (0.79%)

Day's Change

0.63 - 0.635

Trading Volume

93,700


1 person likes this.

1,888 comment(s). Last comment by UnicornP 3 days ago

Posted by kelvinlim1133 > 2020-05-19 22:37 | Report Abuse

When can reach 100 sen again?

Posted by kelvinlim1133 > 2020-05-19 22:37 | Report Abuse

These counter used to stay hot between 140 to 160 for long time

RainT

8,448 posts

Posted by RainT > 2020-05-20 14:18 | Report Abuse

the FPC still will cause MYNEWS profit to be bad & decrease

waiting for qtr result out to see up to now how far is the FPC costs?

have the FPC costs even out? or still high?

wait qtr result...

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-05-20 23:14 | Report Abuse

Yes kevinlim1133, it used to be pretty stable between 1.40 to 1.60. They however embarked on a change strategy to rival family mart and expand stores.
They have done a fairly decent job at matching up, obviously improvements and enhancements are in the works.
If it wants to move, or normally gaps up... 15 to 20sen in a day is possible.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-05-29 00:14 | Report Abuse

QL and 7-11msia trading up at much higher PR than Mynews.
Virtual AGM would be held virtually in june
Date of Meeting: Thursday, 25 June 2020

Time of Meeting: 2.00 p.m.

Broadcast Venue: Mynews Headquarters, Lot No. 3, Jalan Teknologi 3/1, Taman Sains Selangor 1, Seksyen 3, PJU 5, Kota Damansara, 47810 Petaling Jaya, Selangor

Expecting the share to move past rm1.10 before the AGM

DannyArcher

1,258 posts

Posted by DannyArcher > 2020-05-29 01:07 | Report Abuse

MyNews is not so good. I can see their effort in competing with FamilyMart but somehow I still prefer going to FamilyMart for food. I give them A for effort. But their name not so good... MyNews... go buy magazine and newspaper... nowadays where got people read anymore, the only thing they read is facebook.

maybe need a new name and a new look

Posted by nicedurians > 2020-05-30 14:54 | Report Abuse

No need to change name. the name is familiarity and confidence

doll

78 posts

Posted by doll > 2020-05-31 00:32 | Report Abuse

appointed secretary left, not even 2 months lol. hunt for cfo havent end yet? or havent start? sign of problem in the company's management

RainT

8,448 posts

Posted by RainT > 2020-06-02 11:45 | Report Abuse

appointed secretary ?

if is company secretary is not do any business decision or have any power one
main job is do company minutes , resolution, filling forms to SSM, like that only
company secretary resign does not relect any bad on the company also

RainT

8,448 posts

Posted by RainT > 2020-06-02 11:46 | Report Abuse

if say is CFO then maybe as CFO is decision maker & business planning for the company to the next level

RainT

8,448 posts

Posted by RainT > 2020-06-02 11:49 | Report Abuse

shall we give more time to MYNEWS?

As Family mart is well establish and long time ago and it support by QL which is long establish company with good management

MYNEWS is just want start do FPC only & still in eary stage
want fight or same level as Family mart, more time needed

and its need to be some different frm Family mart, if not why consumers want to go MYNEWS stores instead of Family mart

any opinion ?

RainT

8,448 posts

Posted by RainT > 2020-06-02 11:50 | Report Abuse

in business , the start is the most hard stage

when this stage passed, there will be light in the tunnel

RainT

8,448 posts

Posted by RainT > 2020-06-02 18:42 | Report Abuse

no transaction for MYNEWS today

so i do it

bought 2,400 shares today !

doll

78 posts

Posted by doll > 2020-06-02 19:12 | Report Abuse

well RainT, usually companies with high rate staff turnover is not good? announced many key employees movement before, isn't this a sign?

Its convenient store, people go at their convenience. And of course quality, price and speciality. If you think of oden in malaysia, does the brand to pop up first, family mart or mynews?

Richielee

49 posts

Posted by Richielee > 2020-06-03 11:39 | Report Abuse

This stock primed to go up. Waiting for volume to set in.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-06-04 23:34 | Report Abuse

Most stocks have moved back. My news has good consolidation at the 81to 84sen level. It can move very fast too due to less sellers and liquid capital to mop up any excess.
Once the MCO is lifted

Richielee

49 posts

Posted by Richielee > 2020-06-09 08:16 | Report Abuse

Business hours back to normal in PKPP. A rather positive news for every retailers out there.

Richielee

49 posts

Posted by Richielee > 2020-06-09 21:18 | Report Abuse

Today volume picked up significantly compared to last week. We are at very strong support which have been tested 5x successfully / failed 1x in the past. Lets see.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-06-09 23:30 | Report Abuse

Buyer is back, it will see interest over the next few days. Every other sector has moved up, smart money will come back to mynews...

doll

78 posts

Posted by doll > 2020-06-13 16:21 | Report Abuse

Really? Where is the so called buyers? Strong support 0.795-0.800 broken. Still can't find a CFO and secretary? Cant wait to see the coming quarter results

vxpoison

1,906 posts

Posted by vxpoison > 2020-06-13 23:02 | Report Abuse

Q2 is ugly for sure...

doll

78 posts

Posted by doll > 2020-06-15 17:41 | Report Abuse

Wanted to average down also scare. haha. gone already soon. even kwap also cease being substantial, no eye see

EngCCCC

257 posts

Posted by EngCCCC > 2020-06-16 16:19 | Report Abuse

Today most shares are up. This Mynews really gone case. On the way to down trend.

RainT

8,448 posts

Posted by RainT > 2020-06-22 17:15 | Report Abuse

this MYNEWS the share price is easy push up

the quantity traded is quite low

RainT

8,448 posts

Posted by RainT > 2020-06-22 17:15 | Report Abuse

I am waiting mega sales for MYNEWS

RainT

8,448 posts

Posted by RainT > 2020-06-22 17:16 | Report Abuse

In this crisis, how many companies can still post profit grow?

if not making loss, already good already

important is what is the future prospect

RainT

8,448 posts

Posted by RainT > 2020-06-22 17:16 | Report Abuse

if no crisis , from where or when you can buy cheap?

doll

78 posts

Posted by doll > 2020-06-23 11:11 | Report Abuse

Easy push up also easy push down. How u know this coming quarter still profit making? my bet on quarter loss. Btw, where is the new CFO? Been months, but can't hire one? or no secretary to make announcement?

Posted by Yikfung88 > 2020-06-23 21:12 | Report Abuse

Today mynews got people buying and support the price at 0.69 and 0.695.Huge sell volume also can not break this two support,I think it's time to rebound,resistance is 0.74.

Posted by Yikfung88 > 2020-06-24 21:11 | Report Abuse

Mynews today very stable,although many stock drop today but mynews stable at 0.7,wait for rebound,go go go.

Gabriel Khoo

1,027 posts

Posted by Gabriel Khoo > 2020-06-25 20:49 | Report Abuse

Who attended mynews agm

Posted by Yikfung88 > 2020-06-26 10:29 | Report Abuse

I cannot attend because I don't know how to register

Posted by sense maker > 2020-06-26 19:02 | Report Abuse

Bad news.

Posted by Yikfung88 > 2020-06-26 19:16 | Report Abuse

Ya, today quarter announced red

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-06-26 23:26 | Report Abuse

Now that the QR is out and the impact clear, the shares can start to recover. They added more stores which is positive and would continue to support future growth.
Might dip a bit but investors will come back knowing that the impact wasn't as bad.
I'll keep buying more for the 1.20TP in 6 mths

cnyang

93 posts

Posted by cnyang > 2020-06-27 11:39 | Report Abuse

how about next quarter results...... must be very very bad.... Do you think we call buy now?

Posted by Yikfung88 > 2020-06-27 16:13 | Report Abuse

Why my new expenses so high,I think next quarter result will recover to earn money,because they can operate their store and no need time limitation.

doll

78 posts

Posted by doll > 2020-06-29 12:52 | Report Abuse

techical rebound. sold all my lots already. good luck to all of you. coming quarters will be worse imho, as their jv whsmith (which i believe contribution quite significant of profit before this) is still at loss due to travel industry bounds. Lagi, can't even breakeven with the new fpc.

doll

78 posts

Posted by doll > 2020-06-30 22:15 | Report Abuse

Peeps, good news, finally they posted recruitment ads in jobstreet. However they posted under 'company confidential'. Wonder why can't post under their account? Consonant to this, another ads i saw (similar company overview) recruiting a senior finance manager, clearly indicates the turnover rate is high here = bad management. Run run run, unless wan get yourself stuck here!

RainT

8,448 posts

Posted by RainT > 2020-07-01 12:42 | Report Abuse

Hire me la

RainT

8,448 posts

Posted by RainT > 2020-07-01 15:55 | Report Abuse

Actually can take SEM performance to refer

both GP margin also around 30%

SEM is more old

MYNEWS is new

so future prospect of MYNEWS is not that good if refer to SEM history as many competitors, & low margin

Posted by ugeshnair83 > 2020-07-18 10:01 | Report Abuse

What is happening to MYNEWS? Should I keep or let go

Posted by ugeshnair83 > 2020-07-18 10:02 | Report Abuse

Gurus pls advice me

tehckosong

149 posts

Posted by tehckosong > 2020-07-23 00:29 | Report Abuse

Start collecting now.

doll

78 posts

Posted by doll > 2020-07-27 11:59 | Report Abuse

Nothing happened, just a company slowly losing out to its competitor. Days in the sun is over for myNews. Gogo Family Mart!

RainT

8,448 posts

Posted by RainT > 2020-08-01 18:50 | Report Abuse

start collecting ? based on what reasoning

MYNEWS competitors is every where

thin margin biz

and the RTE biz still loss making

doll

78 posts

Posted by doll > 2020-08-03 13:35 | Report Abuse

Before this can have big share of market when family mart is still fresh but now no more. Also the management is very poor. High staff turnover in HQ. Many talents are not retained, maybe join competitor's business

RainT

8,448 posts

Posted by RainT > 2020-08-04 14:59 | Report Abuse

continue to down

doll

78 posts

Posted by doll > 2020-08-06 14:39 | Report Abuse

See you at 55c

MoneyShow3

538 posts

Posted by MoneyShow3 > 2020-08-06 22:27 | Report Abuse

Will move back to 1.20 before year end. Change is coming to the company..

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