MYNEWS HOLDINGS BERHAD

KLSE (MYR): MYNEWS (5275)

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Last Price

0.63

Today's Change

0.00 (0.00%)

Day's Change

0.63 - 0.63

Trading Volume

24,400


1 person likes this.

1,888 comment(s). Last comment by UnicornP 2 days ago

Posted by nickinvests > 2022-12-27 23:29 |

Post removed.Why?

Posted by nickinvests > 2022-12-27 23:30 |

Post removed.Why?

Posted by wallstreetrookieNEW > 2022-12-27 23:34 | Report Abuse

This guy named doll keeps lying. 2 months ago, this person @Doll tried to convince MyNews investors to sell their shares. If anyone listened to @doll, they would've missed out on the recovery.

Posted by wallstreetrookieNEW > 2022-12-27 23:34 | Report Abuse

There are a lot of smart people on i3. But they usually don't spend a lot of time on the forum.

Posted by goldmanbull > 2023-01-06 14:32 | Report Abuse

Telegram name: mynewsinvestors

Posted by goldmanbull > 2023-01-06 15:03 | Report Abuse

Turnaround story + outlet growths + margin expansion = Due for breakout
Imagine when MyNews starts slowing down on CU expansion and less CAPEX spent, economies of scale, FPC profitable and economy recovers to pre-covid which we are seeing now. I can only imagine huge profits. Double of pre-covid levels.

Posted by wallstreetrookieNEW > 2023-01-11 14:51 | Report Abuse

Shh

Posted by wallstreetrookieNEW > 2023-01-11 14:51 | Report Abuse

Don't promote

Posted by wallstreetrookieNEW > 2023-01-16 08:41 | Report Abuse

Almost time to take profits on MyNews

Posted by wallstreetrookieNEW > 2023-01-16 08:42 | Report Abuse

One more pump and we SELL let’s go

Posted by wallstreetrookieNEW > 2023-01-16 08:42 | Report Abuse

MyNews downgraded from Overweight to Neutral

Posted by wallstreetrookieNEW > 2023-01-16 08:45 | Report Abuse

Almost time to take profits

Posted by quinriver > 2023-01-16 12:16 | Report Abuse

Tq nickinvest for the telegram grp share. Make $$$ after reading all the contents there. For all, i3 no good information.

Telegram group: MyNews Investors (CU)

Posted by wallstreetrookieNEW > 2023-01-17 10:20 | Report Abuse

I disagree, i3 has faster information and better access to technicals. Telegram group is a hive mind.

Posted by wallstreetrookieNEW > 2023-01-17 10:21 | Report Abuse

You just need to know which profile to follow on i3 and avoid profiles like rr88 and Calvintaneng

VTrade

2,434 posts

Posted by VTrade > 2023-01-17 10:24 | Report Abuse

China GDP drop 25%
From 3.9%
To 2.9%

Posted by rahulsk1947 > 2023-02-08 16:48 | Report Abuse

it crashed well

kimpeng

53 posts

Posted by kimpeng > 2023-02-09 18:39 | Report Abuse

cuci

DickyMe

14,894 posts

Posted by DickyMe > 2023-02-22 17:54 | Report Abuse

>55 sen> 48 sen> 36 sen

speakup

27,047 posts

Posted by speakup > 2023-02-23 14:50 | Report Abuse

at least MyNews microwave not cleaned by floor mop!

speakup

27,047 posts

Posted by speakup > 2023-02-23 14:51 | Report Abuse

7-11 microwave guna floor mop to clean

speakup

27,047 posts

Posted by speakup > 2023-02-23 15:07 | Report Abuse

those holding SEM share, better swap to MyNews cos after the microwave floor mop incident in January, sales in SEM have dropped drastically

Posted by BursaVulture > 2023-03-01 12:58 | Report Abuse

SEM profit down. QL's FM profit also drop. Both came to the same conclusion. myNews wont be too far off. Get ready for a surprise.

Posted by BursaVulture > 2023-03-30 17:22 | Report Abuse

I told you so… bad qr

Nepo

3,431 posts

Posted by Nepo > 2023-03-30 21:30 | Report Abuse

Oops, bad result

faridfet

517 posts

Posted by faridfet > 2023-03-31 11:21 | Report Abuse

semua sudah kena

DickyMe

14,894 posts

Posted by DickyMe > 2023-03-31 11:46 | Report Abuse

DickyMe

>55 sen> 48 sen> 36 sen

1 month ago

===================
55 sen done, next 48 sen

nicholas99

9,903 posts

Posted by nicholas99 > 2023-03-31 11:52 | Report Abuse

gg.com arigatou

DickyMe

14,894 posts

Posted by DickyMe > 2023-03-31 12:53 | Report Abuse

Oh! 48 sen also done.
The low of the day is 47 sen.

Posted by BursaVulture > 2023-04-08 01:05 | Report Abuse

They should slowly rebrand their stores to Maru or something different, new concept or something really attractive. Like limited 100 RM2 nasi lemak per day and RM2 coffee per day. that mynews brand is so bad, like how 711 never had a running slurpy machine.

speakup

27,047 posts

Posted by speakup > 2023-04-08 08:27 | Report Abuse

IMO mynews is better than 7-11

DickyMe

14,894 posts

Posted by DickyMe > 2023-04-12 15:14 | Report Abuse

These stores need Malaysian workers instead of foreign ones.
The Malaysian culture is unique and only Malaysians understand it.
That does not mean only MALAY.

Nepo

3,431 posts

Posted by Nepo > 2023-04-14 14:09 | Report Abuse

the products too pricy. I am T20 also don't dare to consume..cry..

DickyMe

14,894 posts

Posted by DickyMe > 2023-04-17 09:56 | Report Abuse

YES! This is taking advantage of location and being a vulture.
Domestic Trade ministry must do raids to check on prices of essentials.

krish52

257 posts

Posted by krish52 > 2023-04-27 12:25 | Report Abuse

needs a quick restructure in their business strategies, going forward.

nicholas99

9,903 posts

Posted by nicholas99 > 2023-04-27 15:26 | Report Abuse

looks cheap enough now. they increase revenue by a lot.. and just lose 2mil.. next quarter if can turnaround. i assume wouldn't be hard. just need to close down underperform shop and cut down the expenses.

doll

78 posts

Posted by doll > 2023-04-27 16:41 | Report Abuse

@wallstreetrookie i ain't lying or anything, i'm long term investor. yes sorry i might have caused some to miss the short fake rebound mostly directors buying up their own shares but look where is it now, already jatuh back. sure sales will increase = keep open new outlets, simple but sadly cant fight against the catching up cost. from a loan free company with a lot of cash reserves to now counting on loans to operate, how la dei? previously senang2 private placement, pop, investor come

abang_misai

2,580 posts

Posted by abang_misai > 2023-06-19 18:30 | Report Abuse

Let’s face the reality, ie every time I pass by CU, I hardly see any customers inside. Competitors family mart always enjoy non-stop customers queuing to pay

Posted by BursaVulture > 2023-06-19 19:01 | Report Abuse

Go to the first CU in central point BU... see for yourself... I saw bangla working there now. Kind of hard to communicate with them as sometimes they dont know what I want. Malaysians are easier to communicate but I guess they are more expensive to hire.

How much cost cutting can they do?

cwc1981

1,409 posts

Posted by cwc1981 > 2023-06-20 11:19 | Report Abuse

Who still buying newspaper and magazines nowadays?

speakup

27,047 posts

Posted by speakup > 2023-06-20 12:44 | Report Abuse

If CU is bad, 7-11 is worse
A lot ppl I know boycott 7-11 already after Mop incident

Posted by patrick5612 > 2023-06-20 13:11 | Report Abuse

still have family, kk,99

Posted by BursaVulture > 2023-06-20 13:56 | Report Abuse

mynews big mistakes.
1. Refuses to kill the mynews brand, and restart a new brand.
2. CU does not localize their food, everything 100% Korean.
3. Let shop manager be responsible for profit and loss, manager should focus on running the shop, not manage the business.
4. Expand CU too fast.
5. MyNews Supersaver is such a bad idea, not a convenient store, not a mart, like hybrid car, not here not there.

stoneage

40 posts

Posted by stoneage > 2023-06-20 14:11 | Report Abuse

BursaVulture, good analysis

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-06-22 16:34 | Report Abuse

1) Why restart a new brand? New brand take time & money.
MyNews average revenue / shop is increase compare to before. exclude the revenue from CU

2) If you didt enter to CU mart, don’t make such a confident statement. CU do sell laksa, Bao, Japanese food and local drinks too.

3) Shop manager responsible profit and lost meaning they need to run the shop more responsible.

4) Yes. It is. But business always plan do try and adjust. Now they slow down the new branch for CU. Focus on myNews and Mynews Super value.

5) how you know is bad idea ? All idea and business take time to execute and see the results.
Last time no people sell newspapers inside shopping mall too.
When an idea succeed, people will said: “ clever! So creative combine convenient and mart concepts.”


Final word: business take time to build and earn. Average retail timeframe is 3 years.

Go and check back Family Mart Taiwan, took 6 years only breakeven.
Malaysia FM come to Malaysia 2016, they learn their mistake too. Obviously FM Malaysia is doing a good job after the learning curve.

CU only open 1st branch 2021.


Lee88Lee

42 posts

Posted by Lee88Lee > 2023-06-22 16:37 | Report Abuse

Regarding Bangladeshi worker.
It is a problem too.
But go and check CU,MYNEWS and FM Google review, 90% the complaints is due to local staff.

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-06-22 16:40 | Report Abuse

Family mart Taiwan:
1988年底,第一家店馆前店于台北站前商圈开幕,历经6年于1994年达到损益平衡;至1997年为期十年的创业期间,该公司在台湾本岛共计开设500家门市,主要集中在台湾西部各大都会区[2]。目前其市场占有率排名台湾第二大,仅次于统一超商(7-Eleven)[3];截至2022财政年度,门市总数达4,138家[4]。

Remember, this is not only one winner business. Of course it will have a leader in the market, just like Taiwan bigger conveniences store is 7-11, second is Family Mart.
Go check their share price, both also perform well in long term.

newbie8080

2,769 posts

Posted by newbie8080 > 2023-06-22 20:04 | Report Abuse

To be honest, if there's a row of shoplots with 7-11, KK Mart, CU, Speed-99 mart, Family mart and Mynews located there, I will only drop by Speed-99mart , Mynews & family mart for specific items.

speakup

27,047 posts

Posted by speakup > 2023-06-22 21:58 | Report Abuse

I rather go MyNews than 7-11 cos 7-11 clean everything including microwave with floor mop

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