MYNEWS HOLDINGS BERHAD

KLSE (MYR): MYNEWS (5275)

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Last Price

0.52

Today's Change

-0.005 (0.95%)

Day's Change

0.51 - 0.52

Trading Volume

845,300


1 person likes this.

1,857 comment(s). Last comment by Gabriel Khoo 3 days ago

Posted by InsiderShark > 2022-07-30 11:32 | Report Abuse

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

https://focusmalaysia.my/mynews-langkawi-duty-free-operators-not-in-sync-with-total-smoking-ban/

doll

78 posts

Posted by doll > 2022-08-01 14:10 | 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 > 2022-08-05 09:40 | Report Abuse

22 sen coming soon!

Posted by nickinvests > 2022-09-04 07:53 | Report Abuse

interesting video about investing in mynews at this price

https://www.youtube.com/watch?v=KNDlgoj9KPs&t=3245s

Posted by mananghunter > 2022-09-07 16:38 | Report Abuse

something is brewing behind the scene ......

doll

78 posts

Posted by doll > 2022-09-09 17:08 | Report Abuse

Nothing special. Mr Hock is buying non stop. Pushing the sp up. Dont get trapped

Michael Kwok

6,054 posts

Posted by Michael Kwok > 2022-09-09 19:17 | Report Abuse

Buy q mynews 50 cents.
Tp 60 cents range.
Cut loss 47 cents if touch more thn 3 times.
9/9/2022 7.16pm
Maybe malaysia day rally.

DickyMe3

658 posts

Posted by DickyMe3 > 2022-09-12 11:06 | Report Abuse

22 sen coming soon!

Posted by mananghunter > 2022-09-12 18:41 | Report Abuse

continue accumulate... don't be the one that get left behind when it rally again

Posted by Dream_Chaser > 2022-09-20 16:23 | Report Abuse

Not moving up @@

doll

78 posts

Posted by doll > 2022-09-20 16:52 | Report Abuse

Director stop buying already mah. Now will fall back slowly. Hopefully no one is trapped

Posted by Dream_Chaser > 2022-09-21 12:30 | Report Abuse

At support now.

doll

78 posts

Posted by doll > 2022-09-21 15:07 | Report Abuse

Support? Haha. Confirm support level only after Q results out

PunTatBerSiul

1,001 posts

Posted by PunTatBerSiul > 2022-09-27 14:11 | Report Abuse

22 sen coming soon!

nelsonlim

696 posts

Posted by nelsonlim > 2022-09-27 15:04 | Report Abuse

mynews dont rly like the business model. current price 425. might go to 455. but can continue north or not not sure.

nelsonlim

696 posts

Posted by nelsonlim > 2022-09-28 09:03 | Report Abuse

WOW MY NEWSSSSS

doll

78 posts

Posted by doll > 2022-09-28 11:52 | Report Abuse

As expected, still making loss. Economy reopen, should've profited like 7E. Many unneeded costs hidden like other expenses? 80m p.a.?

Michael Kwok

6,054 posts

Posted by Michael Kwok > 2022-10-01 19:14 | Report Abuse

Mynews
Price 43 cents
Tp below 30 cents
1/9/2022 7.15pm
Base on market pattern.

fhis

1,206 posts

Posted by fhis > 2022-10-06 10:38 | Report Abuse

Up up...Going to challenge 0.50 today?

doll

78 posts

Posted by doll > 2022-10-07 17:01 | Report Abuse

most of institutional substantial shs are ceasing their holdings, run lo. before it touches 30c

nelsonlim

696 posts

Posted by nelsonlim > 2022-10-07 17:04 | Report Abuse

not bad my mynews.

nelsonlim

696 posts

Posted by nelsonlim > 2022-10-07 17:05 | Report Abuse

next resistance 55c

Posted by wallstreetrookie > 2022-10-09 14:31 | Report Abuse

Thanks

Posted by StartOfTheBull > 2022-10-09 16:54 | Report Abuse

According to the newly announced budget, more goodies will be given away in the form of handouts to low income groups and 2% tax cut to the M40, consumers spending should improve further without lifting of subsidies by the government.

doll

78 posts

Posted by doll > 2022-10-12 16:58 | Report Abuse

cash flow is bad, will only incur more borrowings in the future. Wasn't like the first i knew them, zero debt. good luck!

speakup

25,004 posts

Posted by speakup > 2022-10-12 17:01 | Report Abuse

ini semua pasal CU store

doll

78 posts

Posted by doll > 2022-10-13 09:45 | Report Abuse

Tapi it's their last card. If it wasn't because of CU, the company might be long gone ady haha

Posted by wallstreetrookie > 2022-10-18 12:48 | Report Abuse

MyNews - another turnaround stocks. Let the company go through the necessary restructuring. Then we fly

Posted by wallstreetrookie > 2022-10-18 12:48 | Report Abuse

I am pretty sure MyNews will survive. No PN17

doll

78 posts

Posted by doll > 2022-10-19 14:22 | Report Abuse

How pretty is your sure? Owe others $, receive petition then only willing to pay

Michael Kwok

6,054 posts

Posted by Michael Kwok > 2022-10-26 20:47 | Report Abuse

Price 49 cents
Let see few days(thurs,fri,monday)never below 44.5 cents by closing a buy call.
26/10/22 8.48pm

Posted by wallstreetrookie > 2022-11-07 09:25 | Report Abuse

MyNews is currently going through a series of restructuring. After that, it will be acquired by QL Resources

Posted by wallstreetrookieNEW > 2022-12-19 10:06 | Report Abuse

Bought even more Mynews

Posted by wallstreetrookieNEW > 2022-12-19 10:07 | Report Abuse

Revenue per store will beat analyst estimates in the next 2 quarters moving forward FY2023

Posted by wallstreetrookieNEW > 2022-12-22 16:16 | Report Abuse

Do not get shaken out.

Posted by wallstreetrookieNEW > 2022-12-22 16:17 | Report Abuse

MyNews remains the best turnaround opportunity on the market. A lot of institutional interest in this company. PMs will try to shake retail out. MyNews is still trading 10% below intrinsic value

doll

78 posts

Posted by doll > 2022-12-23 10:33 | Report Abuse

Other income manage to cover the loss this q. Probably trimmed some expenses but everything else are the same. Many cashing out from small gain previously. First i knew this Company they have zero debts, with many private placements, now can't even attract whale investors

newbie8080

2,727 posts

Posted by newbie8080 > 2022-12-23 11:18 | Report Abuse

Just be cautious as the company grow CU store with more than 50% of the stores making losses as they grow further.
Lease liabilities balloon from RM87mil in 2021 to RM154 mil in 2022.
Cash is dwindling to all time low and expected either a rights issue or private placement in 1-2 quarters from now.

doll

78 posts

Posted by doll > 2022-12-23 14:01 | Report Abuse

maybe rights issue. who want do pp with them? all institutional also left. used to have kwap, epf, aberdeen with them, where now only the owners are buying back themselves

newbie8080

2,727 posts

Posted by newbie8080 > 2022-12-23 14:36 | Report Abuse

@doll
True and very much agreed.
In fact, before they announced CU store project in 2020, the company had been making good revenue growth and very profitable.

Posted by BursaVulture > 2022-12-23 17:33 | Report Abuse

@newbie8080

They make good profit and revenue before FamilyMart came to malaysia. Problem with myNews is they always follow people. Last time says will beat 711 in their own game by setting up shops nearby 711. When FM came to Malaysia, they tried to copy by setting up their FPC, nobody goes to mynews and buy ice cream and bread, so they lose lots of money in FPC.

Now FM moving to dine in cafe style, go check out FamiCafe. CU now outdated already. Always a follower.

Posted by wallstreetrookieNEW > 2022-12-27 09:30 | Report Abuse

Buy more

Posted by wallstreetrookieNEW > 2022-12-27 09:30 | Report Abuse

These sour grapes missed out the chance to buy MyNews at the bottom. The company will return to previous highs in one or two years

doll

78 posts

Posted by doll > 2022-12-27 12:16 | Report Abuse

@newbie8080 @BursaVulture

Very true as well. Like i mentioned, is their last card CU saved their ass.

I m not against the Company, but with the management team like that better i put my money elsewhere. Was visiting them quite frequently when there are MYNEWS, local brand, now they are like KOREAN already. I hate KPOP so too bad lar

Posted by wallstreetrookieNEW > 2022-12-27 15:36 | Report Abuse

Let's go

Posted by wallstreetrookieNEW > 2022-12-27 15:36 | Report Abuse

Top up RM20k

Posted by wallstreetrookieNEW > 2022-12-27 15:37 | Report Abuse

So many sour grapes and liars here. I know y'all bought already

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