Posted by DonWorryBeHappy > 2020-12-18 10:58 | Report Abuse

Saw Choivo article bought at 66.5

Posted by Sailangking > 2020-12-18 21:25 | Report Abuse

bought 100lot. hope good reward

Posted by seiluen > 2020-12-18 21:43 | Report Abuse

CU coming..hold tight

Posted by Tenzlim2886 > 2020-12-21 17:52 | Report Abuse

Mynews your QR want keep until christmas???

Posted by atomic5 > 2020-12-21 19:23 | Report Abuse

MYNEWS Financial Highlights
QUARTER ANNUAL



MYNEWS Quarter Report History
Date Financial
Year Quarter Revenue
(RM,000) PBT (RM,000) Net Profit
(RM,000) EPS (Cent) Div
(Cent) NTA
(RM) QoQ
(%) YoY
(%)
21 Dec 20 31 Oct 20 Q4 Oct 20 115,829 -6,928 -5,145 -0.75 0.00 0.420 Malaysia Stock - KLSE Quarter Report History 15% Malaysia Stock - KLSE Quarter Report History 262

Posted by super_newbie > 2020-12-21 19:32 | Report Abuse

Good or bad? Likely operations will be affected as long as Covid-19 still around?

Posted by WiseEye > 2020-12-21 19:50 | Report Abuse

Quarterly results improved QoQ by 15%. An improvement we need to see if we do not compare with corresponding quarter.

Posted by Choivo Capital > 2020-12-21 23:23 | Report Abuse

Recovery is slower than expected.

If i had to guess, i think its mainly due to malls being the last ones to recover in terms of traffic. Especially those non premium malls. And mynews is 80% malls.

Still, i trust the management

Posted by EatCoconutCanWin > 2020-12-22 08:47 | Report Abuse

The management need to work harder. Think out of box like family mart.

Posted by Valgrovest > 2020-12-22 09:52 | Report Abuse

Actually the latest QR is not that bad. I think the drop in share price is overdone. If drop some more, I will top up some. If you compare against the previous 3 months, the results were actually better with higher sales and lower net pretax loss. Of course we should not compare with the same quarter last year which is not fair as there was no covid 19 then. Future prospects once the new CU store starts operations should be good. My humble opinion.

Posted by WiseEye > 2020-12-22 11:39 | Report Abuse

Perhaps not a wise investment for short-term as no. of Covid cases are on increasing trend again. Best to look at the next quarter report before making a bold move for those conservatarians.

Posted by super_newbie > 2020-12-22 11:45 | Report Abuse

Likely need to made RM140mil sales to able to cover the non-cash items expenses as well as fix costs eg: depreciation

Posted by RainT > 2020-12-22 16:29 | Report Abuse

actually why u all can top up more and by MYNEWS?

Cannot u all see MYNEWS is so low margin biz & competitors are every where

MYNEWS is not a good investment

Posted by RainT > 2020-12-22 16:31 | Report Abuse

@Choivo

unbelieveable

u come to this MYNEWS forum

more unbelievable if u buy MYNEWS also

Posted by RainT > 2020-12-22 16:32 | Report Abuse

but why this Abeerdeen is buy non stop MYNEWS?

Garu my head now

Posted by Choivo Capital > 2020-12-23 11:05 | Report Abuse

Haha,

Also one thing you guys may not know, before this an external party handled their shipping. But with the FPC and RTE segment, the external party couldnt fit their timing exactly and this resulted in wastages

Starting from this Q, they have made internalized their logistics department.

Posted by 23wolf > 2020-12-23 16:27 | Report Abuse

in for long term~

Posted by super_newbie > 2020-12-24 18:37 | Report Abuse

Ermm.. Abeerden keep buying eh?

Posted by atomic5 > 2020-12-24 18:41 | Report Abuse

So the investor see the potential in it may be not in near term

Posted by Keyman188 > 2020-12-24 19:24 | Report Abuse

Keyman188 no plan to sell unless can see RM 2.00 above...

Keyman188 top up some more long term position holding last 2 days when market sell down...

Amboi...don't always just looking at "own text book" to assess...

Sometimes need to borrow "other text book" from e-library to assess...

Posted by super_newbie > 2020-12-24 19:26 | Report Abuse

Likely Malaysia still has much space to improve in urban population density per convenience store.

Posted by godhand > 2020-12-24 21:24 | Report Abuse

choivo even if the shop managed to somehow reopen. they need time for planning and execution. generally klse is profit driven and this to me wont reflect anytime soon. so buy edi just keep it la the share wont move so soon.

Posted by notailcatt0 > 2020-12-28 14:47 | Report Abuse

ya agree~ just buy and keep some let's see the long term. \

Posted by howtolosemoney > 2020-12-29 00:49 | Report Abuse

Bravo for the analysis Choivo...esp that part on WC/E...no wonder FAMILY MART can pop up like mushrooms.

Posted by DreamCapturer > 2020-12-29 00:53 | Report Abuse

Down 1.5 sen

Posted by DreamCapturer > 2020-12-29 00:53 | Report Abuse

Down 2.36%

Posted by DreamCapturer > 2020-12-29 00:53 | Report Abuse

Sikit saja la

Posted by DreamCapturer > 2020-12-29 00:54 | Report Abuse

Little bit only la

Posted by DreamCapturer > 2020-12-29 00:54 | Report Abuse

Still can tahan la

Posted by DreamCapturer > 2020-12-29 00:54 | Report Abuse

But kena siasat sikit juga la

Posted by DreamCapturer > 2020-12-29 00:55 | Report Abuse

Then make effective remedial measures

Posted by DreamCapturer > 2020-12-29 00:55 | Report Abuse

Good luck

Posted by WiseEye > 2020-12-29 11:49 | Report Abuse

Choivo are u still holding positions in it or sold off everything causing the downturn?

Posted by tualp > 2020-12-29 17:56 | Report Abuse

see you guys at 0.58

Posted by godhand > 2020-12-29 18:52 | Report Abuse

im sure he can afford to see his stock drop a bit.

Posted by Choivo Capital > 2020-12-30 14:14 | Report Abuse

Still 50% of portfolio.

I think i should write something here to explain my thinking subsequent to the drop.

Posted by atomic5 > 2020-12-31 13:59 | Report Abuse

Ok waiting

Posted by DonWorryBeHappy > 2021-01-01 16:06 | Report Abuse

Added 61 now ave 64 this yr go back 100 haha

Posted by Choivo Capital > 2021-01-07 03:48 | Report Abuse

https://choivocapital.com/2021/01/07/mynews-5275-q4-2020-update-fall-in-wastage-by-64-cu-stores-opening-january-2021/

I've had not had the time to post on i3 yet, so here is a link to my update on mynews for q4 2020.

Posted by seiluen > 2021-01-07 15:20 | Report Abuse

CU opening this month？

Posted by Choivo Capital > 2021-01-08 10:38 | Report Abuse

Yeap as i understand 1st store is mid to late Jan, they may have some changes since then.

Posted by stockraider > 2021-01-08 11:08 | Report Abuse

Forget about mynews brady useless lah!!

Want to buy star & edge papers also cannot...want to call my news ah ??

Pergi lah!

Posted by Choivo Capital > 2021-01-08 11:13 | Report Abuse

https://klse.i3investor.com/blogs/PilosopoCapital/2021-01-08-story-h1539231430-_CHOIVO_CAPITAL_MYNEWS_5275_Q4_2020_Update_Fall_in_Wastage_by_64_CU_Sto.jsp

Posted by Choivo Capital > 2021-01-08 11:13 | Report Abuse

haha raider, i rather they dont sell newspapers at all.

Posted by amateurJR > 2021-01-08 11:15 | Report Abuse

No bad monitoring this counter. Might be like my lucky star Bauto when Aberdeen kept buying it.

Posted by amateurJR > 2021-01-08 12:07 | Report Abuse

Walao wait very long d for it to fall below 0.6. Can start buying

Posted by LaoTzeAhSir > 2021-01-08 13:31 | Report Abuse

Jon I have to say TA wise it's not looking optimistic now.

Posted by Choivo Capital > 2021-01-08 15:37 | Report Abuse

yeap, btw possible october style lockdown come Tuesday/Monday.

Having said that, price now is at the same level when lockdown in October, and all time lows. So im fine.

Posted by yykyy > 2021-01-08 18:18 | Report Abuse

I am just no worry to hold this for long term, steady

Posted by Sailangking > 2021-01-12 19:42 | Report Abuse

mco , don't know this ctr can tahan ma..