MYNEWS HOLDINGS BERHAD

KLSE (MYR): MYNEWS (5275)

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Last Price

0.50

Today's Change

+0.025 (5.26%)

Day's Change

0.48 - 0.50

Trading Volume

519,600


1 person likes this.

1,714 comment(s). Last comment by doll 1 month ago

Nepo

2,924 posts

Posted by Nepo > 2 months ago | Report Abuse

Oops, bad result

faridfet

303 posts

Posted by faridfet > 2 months ago | Report Abuse

semua sudah kena

DickyMe

12,924 posts

Posted by DickyMe > 2 months ago | Report Abuse

DickyMe

>55 sen> 48 sen> 36 sen

1 month ago

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

nicholas99

9,503 posts

Posted by nicholas99 > 2 months ago | Report Abuse

gg.com arigatou

DickyMe

12,924 posts

Posted by DickyMe > 2 months ago | Report Abuse

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

i3lurker

12,317 posts

Posted by i3lurker > 2 months ago | Report Abuse

I just came back from a MyNews store today.
Its very impressive, clean, no smells, sparkling effects, good lighting, sufficient SKU.
I would be proud to own such a store like a MyNews store.

the sales unit pricing looks like latest technology, more advanced than Family Mart.
The flip side is over reliance on technology can be a problem.
The human emo touch is what makes a store successful.

Negative factor
People wun buy 3 units even if you discount off, coz they only need 1 unit.
The discount just shows how overpriced the 1 unit is and this makes people piss off from buying 1 unit.

Other than that emo thingy, the only remaining barrier to success for MyNews stores seems to be karma.
Some stores just dun make it despite doing everything right.
No one can explain why, its just karma.

Posted by BursaVulture > 1 month ago | 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

20,997 posts

Posted by speakup > 1 month ago | Report Abuse

IMO mynews is better than 7-11

DickyMe

12,924 posts

Posted by DickyMe > 1 month ago | 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

2,924 posts

Posted by Nepo > 1 month ago | Report Abuse

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

DickyMe

12,924 posts

Posted by DickyMe > 1 month ago | 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

251 posts

Posted by krish52 > 1 month ago | Report Abuse

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

nicholas99

9,503 posts

Posted by nicholas99 > 1 month ago | 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

74 posts

Posted by doll > 1 month ago | 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

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