Seem like Mynews store is targeting lower income group? Because of the design when it compare to its competitors.. Dont know the management is planning what... I think Mynews has ability to target higher income group
Haha this suhei choivo still acting like pro run here run there i just stay in Rcecap and make big money liao. Just waiting and dont need to do anything and still getting a huge dividend that is better than FD
Hello Mynews shareholder and investors here, Anyone can help explain this.. >after 10 years, and also after 20 years, what will happen between Mynews and CU Korea? Because Mynews only hv the right to hold "CU" brand for 10+10years. After 10 years, Mynews need pay money for hold it another 10 years, or it's free?
After 20years, can Mynews still hold the "CU" brand? OR sell/give back to CU Korea owner? Family Mart for QL is 20years+20years.
after 10 years, either renew the license or change to own brand.... it is the same story when Family mart Korea, all of them converted to CU brand many years ago...
“Despite the Covid-19 pandemic, most Malaysian customers still prefer to visit grocery stores instead of shopping online, ” he said.
He noted that KK Mart and Speedmart are still opening physical stores every week despite the growth of online grocery delivery.
Family Mart, 7-Eleven and Mynews are also still opening more stores despite the pandemic, and CU convenience store from South Korea will be opening new stores in Malaysia.
Mynews looks like breaking out. Good trend..already bottom at current price. if go lower, i think the major shareholders might as well just take private...cos toooooooo cheap.
also, since this new PKP/ MCO is only drama MCO (LDP highway full of cars, malls so many people also), the initial impact on walk-in footfalls may have been exaggerated.
CU store is only reason why i buy Mynews, however, i didn't see any movement regarding Cu store, emailed the company, reply me to like their facebook page.. >.<
Cu stores would be the fresh story for mynews. Everyone wants to look up for new changes. Just observe what is going on with Tesco which just rebranded as Lotus due to the emergence of CP group as the new owner. Everyone wants to experience a fresh and new thing.... Malaysia ma.... By Q3 believe we are looking at above rm1 for mynews. Invest smartly... Family mart the thing of the past dy...
Interest building.. This is a counter which can spike 20% in a day if they wanna move. Note that retail hypermarket market is getting active again for M&A. Lotus always looking out for more smaller outlets for their lotus express line..... ;)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
yykyy
487 posts
Posted by yykyy > 2021-01-12 23:23 | Report Abuse
if u see the top shareholders are throwing then means it cannot tahan, but so far they did not throw but keep buy.