MYNEWS HOLDINGS BERHAD

KLSE (MYR): MYNEWS (5275)

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Last Price

0.525

Today's Change

0.00 (0.00%)

Day's Change

0.525 - 0.53

Trading Volume

429,500


1 person likes this.

1,859 comment(s). Last comment by goldmanbull 4 days ago

godhand

1,885 posts

Posted by godhand > 2021-03-25 20:44 | Report Abuse

jokers all over this forum

Posted by value investor > 2021-03-25 21:15 | Report Abuse

from my overview, I only can say this result is neutral...

1. myNEWS EBITA still got 5.57m due to net profit including depreciation this big amount of expenses.
2. Sales per store 62 thousand per month average, this is still acceptable range if we look back from 2016 to 2020 AR...the sales per store average per month from 60 thousand in 2018 to the highest in 2016 which is 72 thousand. (although 80% of the store in Klang which is one of the most restrictive movement controls in M'sia but still can maintain the sales per store)
3. net profit drop which is lead by lower revenue for the main reason and slightly higher cost compared to the past.
3a. lower revenue is because myNEWS close more underperform store... then myNEWS planning to open more store in the future

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-25 21:32 | Report Abuse

Aiyo..now we know you got so good habits...

like to show off your penis to public...OMG...

be careful worrr...neglect need to punish summons yorrr...

kesian...kesian...

wkwkwk...kekeke...hehehe...





Posted by godhand > Mar 25, 2021 8:42 PM | Report Abuse 


bro ur as short sighted as my baby penis

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-25 21:34 | Report Abuse

Yes...Keyman188 always joker...

Yes...Keyman188 always happy boombeebee...


Why!!!...You jealous Keyman188!!!....

Aiya.. simple lahhh...

Then follow lorrr...


wkwkwk...kekeke...hehehe...






Posted by godhand > Mar 25, 2021 8:44 PM | Report Abuse 

jokers all over this forum

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-03-26 00:10 | Report Abuse

Actually the latest QR is not too bad considering it covered the worst and most restrictive movement control (NOV20-JAN21). Slightly higher losses compared with previous quarter is therefore reasonable. We need to move away from historical performance and have a forward looking view on the company's future performance and growth now that the economy is gradually picking up and new CU stores are going to be opened one by one commencing 1/4.

bose00

1,034 posts

Posted by bose00 > 2021-03-26 07:16 | Report Abuse

The worst is over .. I ll continue to hold ..

Already a good example of share movement of recovery theme genting , airasia..

atomic5

51 posts

Posted by atomic5 > 2021-03-26 08:40 | Report Abuse

Yes hold amd wait

Posted by MorningGlory123 > 2021-03-26 08:52 | Report Abuse

very poor and disappointed result, one quarter loss already wrote off 1/2 year result for the past record.

I forecast company will not pay dividend to shareholders if no improvement for the subsequent quarterly performance

Posted by Arrogant83 > 2021-03-26 09:08 | Report Abuse

More loss more bleeding for coming results

Revised target price = 40 cents

atomic5

51 posts

Posted by atomic5 > 2021-03-26 09:14 | Report Abuse

Rebound

Nepo

3,300 posts

Posted by Nepo > 2021-03-26 09:26 | Report Abuse

Grab some just now..hopefully is the right decision..
Support quite strong..look like many people interested in this counter..

Posted by Choivo Capital > 2021-03-26 09:41 | Report Abuse

as expected, the drop not so bad, alot of big buyers

WiseEye

1,199 posts

Posted by WiseEye > 2021-03-26 09:41 | Report Abuse

The panic selling is real. Monitoring very closely to re-enter for a couple more days. Hopefully can get a much better price next week.

godhand

1,885 posts

Posted by godhand > 2021-03-26 09:45 | Report Abuse

Bro no need to entertain the bilis in this forum. Obviously there's big interest buying in. Save your breath

Posted by Choivo Capital > 2021-03-26 10:05 | Report Abuse

Pity i woke up late, couldnt get some 83 sen.

But honestly, considering how fast it rose last 2 weeks, today drop is so small, it looks like consolidation lol.

godhand

1,885 posts

Posted by godhand > 2021-03-26 11:02 | Report Abuse

Only u think will drop I think it will continue up and break 1.00 at least

Posted by value investor > 2021-03-26 11:05 | Report Abuse

wow, cannot imagine the buying force... but we focus on business and the value stock price is the bonus...we know it will come it left timing problem...

Posted by Choivo Capital > 2021-03-26 11:05 | Report Abuse

Well, last q lost 10m, today went up 1%

Posted by Choivo Capital > 2021-03-26 11:06 | Report Abuse

Market is forward looking

atomic5

51 posts

Posted by atomic5 > 2021-03-26 11:07 | Report Abuse

Another Green day congrats who hold and buy dips

bose00

1,034 posts

Posted by bose00 > 2021-03-26 11:32 | Report Abuse

What is done and past is a past. Looking forward to a bright future prospect .. 1st CU store on 1/Apr..

WiseEye

1,199 posts

Posted by WiseEye > 2021-03-26 11:33 | Report Abuse

well no chance for re-entry it seems. should have bought when it went down to 0.83 earlier.

those who sold this morning must be scratching their heads now.

bose00

1,034 posts

Posted by bose00 > 2021-03-26 11:35 | Report Abuse

Go compare with FamilyMart.. myNews is still very undervalue

MoneyShow3

538 posts

Posted by MoneyShow3 > 2021-03-26 12:00 | Report Abuse

Thanks for selling low to me... Hahaha... Super confident of my CU at 1.50 strategy.... Predicting it hits 95sen today

MoneyShow3

538 posts

Posted by MoneyShow3 > 2021-03-26 12:03 | Report Abuse

If my Dnex can climb from 16sen to rm1 just on concept, why not mynews with CU and actual store expansions on a market recovery.... Bye bye family mart....

Posted by value investor > 2021-03-26 13:31 | Report Abuse

How to create? You create and I join hahaha

dompeilee

11,888 posts

Posted by dompeilee > 2021-03-26 14:43 | Report Abuse

dompeilee Bought back the MyNews I sold in Nov.... @ the 61.5c open this morning.
16/02/2021 9:57 AM

All those who SHORTed this morning all KANA....SOLD 80% of MyNews @ 90c =)

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-03-26 17:46 | Report Abuse

Strong support with good closing....meaning dont worry too much about past results/QR (caused by MCO) but look forward to future prospect and development.

thlim123

848 posts

Posted by thlim123 > 2021-03-26 19:59 | Report Abuse

Wow, mynews do strong

Posted by investortrader88 > 2021-03-26 21:03 | Report Abuse

just noticed my queue buy matched.very strong & bright future this counter .good luck guys.

Posted by investortrader88 > 2021-03-27 10:49 | Report Abuse

Top 25 shareholders own 93.87% of Mynews Holdings Berhad's.


D&D Consolidated Sdn Bhd
57.43%
Employees Provident Fund of Malaysia
6.66%
Standard Life Aberdeen plc
5.64%
Tai Kien Dang
3.45%
Norges Bank Investment Management
2.79%
Kumpulan Wang Persaraan
2.37%
Kenanga Investors Berhad
1.89%
DBS Group Holdings Limited, Asset Management Arm
1.61%
Boon Ping Tan
1.59%
Tai Gean Dang
1.35%
Kumpulan Sentiasa Cemerlang Sdn. Bhd.
1.18%
Affin Hwang Asset Management Berhad
0.91%
Great Eastern Life Assurance (Malaysia) Berhad, Insurance Investments
0.89%
Yee Hui Wong
0.85%
Goon Khing Kong
0.75%
Principal Global Investors, LLC
0.73%
Tenaga Nasional Berhad Retirement Benefit Trust Fund
0.57%
Evertop Cleaners Sdn Bhd
0.55%
CIMB Group Holdings Berhad, Asset Management Arm
0.48%
First Sentier Investors (Australia) IM Ltd
0.48%
Heng Liew
0.43%
Hong Leong Asset Management Bhd
0.38%
Lion Global Investors Limited
0.38%
Fei Ling
0.25%
Chinchoo Investment Sdn Bhd
0.24%

MoneyShow3

538 posts

Posted by MoneyShow3 > 2021-03-27 18:10 | Report Abuse

From 90sen to 1.20 is a matter of 2 weeks, then CU at 1.50

thlim123

848 posts

Posted by thlim123 > 2021-03-28 19:12 | Report Abuse

Let’s aim for 1.5.

MoneyShow3

538 posts

Posted by MoneyShow3 > 2021-03-29 00:32 | Report Abuse

If top 25 shareholders indeed holding more than 90% and keep buying, the share can lompat katak 20+% a day easily... I experienced a +17sen closing before with intra day in excess of 24sen..

Fingers crossed and wait for the big show... CU at 1.50..

Undi_PKR

936 posts

Posted by Undi_PKR > 2021-03-29 09:00 | Report Abuse

Loss QR can goreng or 91 sen? Voted PKR pls return to power asap.

Posted by mygod oh > 2021-03-29 18:27 | Report Abuse

why aminvest push so hard??

MoneyShow3

538 posts

Posted by MoneyShow3 > 2021-03-29 23:11 | Report Abuse

Lost QR old story, at least they have a strategy to expand and turnaround. No matter what the fwd PE shld be good with the utilisation of the central kitchen.
90%+ of the shareholding is taken up, buying volume is strong, quite easy to keep moving up. 1st April go to center point BU and try for yourself... Bandar Utama is home ground, from the small little mynews bison outlet to a growing prominent retail chain... If CU in deeds makes waves in the first week of April, you can be certain of Rm1. 50 and above....

The best thing is, another 3 days to know the truth... So no harm loading up on some tickets rather than missing the train... CU at rm1.50

Ah Ken

51 posts

Posted by Ah Ken > 2021-03-31 15:45 | Report Abuse

Why so diam today

Posted by notailcatt0 > 2021-03-31 19:45 | Report Abuse

get ready~ u will see CU news all around FB this 2 days

bose00

1,034 posts

Posted by bose00 > 2021-04-01 11:35 | Report Abuse

MY CU store opening day !

bose00

1,034 posts

Posted by bose00 > 2021-04-01 11:35 | Report Abuse

anyone going or been there yet ?

Jiang Ng

31 posts

Posted by Jiang Ng > 2021-04-01 13:05 | Report Abuse

Korean pop culture cannot be underestimated. CU can potentially eat into Family Mart market share and overtake it!

i3lurker

13,606 posts

Posted by i3lurker > 2021-04-01 13:09 | Report Abuse

huge losses next QR

All will dump like crazy

i3lurker

13,606 posts

Posted by i3lurker > 2021-04-01 13:10 | Report Abuse

easily another 6 QR of losses

might need RI

BullCT

31 posts

Posted by BullCT > 2021-04-01 13:41 | Report Abuse

May take years, but rm3 for sure!

Jolly

130 posts

Posted by Jolly > 2021-04-01 13:59 | Report Abuse

Anyone can share photos here pls

Posted by notailcatt0 > 2021-04-01 14:39 | Report Abuse

look at the cheesy corn sausage.... omoomo droolingXD

Posted by Choivo Capital > 2021-04-01 14:49 | Report Abuse

:)

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