Posted by Bokai > 2022-09-02 16:01 | Report Abuse

hq moved to Penang , let's see how it goes . Seemed like Thai side "isn't doing well

Posted by jack2 > 2022-09-04 16:58 | Report Abuse

Bokai, are u sure you get the info right? the group hq is at bangsar south. the penang hq is a subsidiary co. how you assessed the thai JV is not doing well?

Posted by jack2 > 2022-09-04 18:15 | Report Abuse

Hope higher growth and cashflows, shareholders can get higher dividend

Posted by Faiza > 2022-09-06 09:53 | Report Abuse

1Q2022 - net profit rm1.69M, cashflow increased rm2.6M to rm37.6M

2Q2022 - net profit rm2.1M, cashflow increased rm4.6M to RM42M

cashflow increased from better collection, hope can reach 50M this year

Posted by jack2 > 2022-09-10 13:35 | Report Abuse

Giant Mini is expanding rapidly to compete for retail business. Good for the group in supplying hardware, software and maintenance

Posted by jack2 > 2022-09-10 16:53 | Report Abuse

KUALA LUMPUR (Sept 10): When the Malaysian retail industry experienced its worst performance in over two decades in 2020 contracting by 16.3%, the industry had expected to only recover to pre-pandemic levels in 2024.

However, the latest edition of the Malaysia Retail Industry Report published by Retail Group Malaysia (RGM) revealed that the first quarter of 2022 (1Q2022) and 2Q2022 growth numbers were solid, expanding year-on-year by 18.3% and 62.5% respectively. With retailers expecting yet another jump of 61.7% in the third quarter, RGM is now confident that the industry will recover to levels achieved in 2019 — the year before the pandemic.

https://www.theedgemarkets.com/article/retail-boom-sustainable

Posted by jack2 > 2022-09-11 19:58 | Report Abuse

Giant mini 50 branches now, if to open 2,000 branches next 5 yrs to compete with 99SP, imagine the business potential

Posted by huathuat83 > 2022-09-29 12:13 | Report Abuse

this counter super worst. i follow this counter since IPO...

Posted by faridfet > 2022-09-29 12:27 | Report Abuse

-Key clients are 99 Speedmart, Aeon Big, Giant, 7-Eleven, Cold Storage, Guardian and Parkson which Malaysia is the main revenue. While in Thailand, 2 F&B outlets of a prominent food court operation making healthy progress.
-Also, the founder of the 99 Speedmart retail chain, Lee Thiam Wah, has emerged as the third biggest shareholder in retail technology solutions provider Radiant Globaltech Bhd (RGTech), with a 15.77% stake.

https://www.thestar.com.my/business/business-news/2021/10/16/radiant-rides-on-strong-digitisation-wave

https://www.theedgemarkets.com/article/99-speedmart-founder-lee-thiam-wah-emerges-third-biggest-shareholder-rgtech

Posted by jack2 > 2022-09-30 09:41 | Report Abuse

share price drop is an opportunity to pick up more shares

the increase in interest rate is positive, net cash more than RM40 million
appreciating US dollar, increase in hardware cost is pass to customers

overall, the situation is not that bad to the group

Posted by jack2 > 2022-09-30 10:07 | Report Abuse

suspect the sharky is pushing the price down for shake out and accummulate
for the next cycle once the sky is clear

Posted by jack2 > 2022-09-30 10:13 | Report Abuse

retail business is recovering and chances is the revenue for this year is better than last year

Posted by jack2 > 2022-09-30 16:38 | Report Abuse

overseas business, so far the bright spot is thailand, breakeven in 2 yrs. thai side seemed to have more potential than vietnam so far. retail biz at Siam is robust

Posted by jack2 > 2022-10-21 08:19 | Report Abuse

HANOI, Oct 11 (Reuters) - Vietnam's economy is expected to grow 8% this year, beating an official target for an expansion of 6.0%-6.5%, the government said on Tuesday.

Posted by Kanenites > 2022-11-03 15:30 |

Post removed.Why?

Posted by Kanenites > 2022-11-04 12:18 |

Post removed.Why?

Posted by Bokai > 2022-11-04 15:04 | Report Abuse

._. nothing

Posted by Kanenites > 2022-11-07 11:18 |

Post removed.Why?

Posted by Kanenites > 2022-11-08 16:34 |

Post removed.Why?

Posted by Aa01182 > 2022-11-08 18:19 | Report Abuse

hmmmmmm

Posted by Kanenites > 2022-11-16 17:49 |

Post removed.Why?

Posted by Faiza > 2022-11-24 14:55 | Report Abuse

3Q2022 PROFIT 1.3m VS 504k 2021

Posted by Faiza > 2022-12-01 09:21 | Report Abuse

retail sales up 96% 3Q 2022, MRA

Posted by Faiza > 2022-12-10 15:34 | Report Abuse

4Q is usually the strongest

Posted by jack2 > 2022-12-11 17:05 | Report Abuse

yup, 4q is usually the highest
looks like the price is steadily up

Posted by jack2 > 2022-12-11 17:07 | Report Abuse

99 speedo continue to open more mini markets
shud be around 200 new a year
total shud be around 2200
good recurring biz income

Posted by jack2 > 2022-12-12 08:49 | Report Abuse

200 new 99 SP a year, in five years 2026, 3,000 mini market
4,000 in 2031, 5,000 in 2036
99 SM will be the king in retail market

Posted by Faiza > 2022-12-12 09:51 | Report Abuse

jack, other Key clients apart from 99 Speedmart, are Aeon Big, Giant, 7-Eleven, Cold Storage, Guardian and Parkson
Giant mini market, guardian and 7-11 are also expanding
good recurring hardware and software biz

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

Family Mart , Starbucks might be their customer if I am not mistaken

Posted by jack2 > 2022-12-13 09:48 | Report Abuse

bokai, are you sure? no mention of family mart and starbuck in annual report

Posted by jack2 > 2022-12-13 09:49 | Report Abuse

family mart hve good potential to expand rapidly, good products, very popular in taiwan

Posted by jack2 > 1 month ago | Report Abuse

previous players were weak, price cant sustained
hope this round hve new players and new trend

Posted by jack2 > 1 month ago | Report Abuse

https://www.nst.com.my/business/2023/01/870617/farm-fresh-open-jom-cha-outlet-aeon-bigs-wangsa-maju

Posted by jack2 > 1 month ago | Report Abuse

KUALA LUMPUR: Farm Fresh Bhd has entered into a strategic partnership with AEON Big (M) Sdn Bhd to open a new Jom Cha outlet in the retailer's Wangsa Maju store in Kuala Lumpur.

The Jom Cha brand debuted in August 2022, and the collaboration with AEON BiG is in accordance with the company's plan to swiftly expand nationwide over the next three years.

The New Straits Times reported last November that Farm Fresh wanted to open up to 300 Jomcha outlets nationally over the next three years through its wholly-owned beverage firm Farm Fresh Jomcha Sdn Bhd.

This year, the company plans to invest RM8 million and open 25 stores. Next year, it will spend RM20 million to open 75 locations in shopping malls and integrated townships.

Posted by jack2 > 1 month ago | Report Abuse

KUALA LUMPUR (Feb 10): Lee Thiam Wah — the founder of retail chain 99 Speedmart — has emerged as the substantial shareholder of Alliance Bank Malaysia Bhd, with a 5.076% stake.

A filing on Friday (Feb 10) shows that Lee’s company Global Success Network Sdn Bhd acquired 1.38 million shares or a 0.089% stake on the open market on Thursday (Feb 9), bumping his stake in the bank to 5.076%.

Note that Lee is also the third-largest shareholder of Alliance Bank, after Vertical Theme Sdn Bhd (29.06%) and the Employees Provident Fund (EPF) (10.5%).

Posted by Bokai > 1 month ago | Report Abuse

so fast mentioned farm fresh .

Posted by jack2 > 1 month ago | Report Abuse

LeeTW 99speedmart stake from news

1. Burger King
2. Alliance Bank 5.07%
3. Rgtech 15%
4. iFast (sg)

Posted by Bokai > 1 month ago | Report Abuse

qr coming soon , better be safe than sorry

Posted by Faiza > 1 month ago | Report Abuse

dunno results good or not,
no gd, price drop
quick gun bfore operators

Posted by jack2 > 1 month ago | Report Abuse

always good to take profit

Posted by Bokai > 1 month ago | Report Abuse

qr out

Posted by Bokai > 1 month ago | Report Abuse

The outcome of a quarter can be perceived as negative or positive based on individual interpretation. The market will ultimately determine the outcome, but it may be prudent to await the announcement of Budget 2023 in order to gain a more comprehensive understanding of market trends and the overall direction.

Posted by c2k9791 > 1 month ago | Report Abuse

Revenue growth 100% compared to few years back but the profit is thin.

Posted by jack2 > 1 month ago | Report Abuse

https://www.theedgemarkets.com/node/656464

Posted by jack2 > 1 month ago | Report Abuse

KUALA LUMPUR (Feb 23): Hong Kong’s Dairy Farm International Ltd (DFI), which operates a chain of hypermarkets and supermarkets under the Giant, Mercato and Giant Mini brands, is exiting its grocery business in Malaysia, which has become increasingly competitive over the past few years, industry sources said.

DFI, which operates the retail chain under GCH Retail (Malaysia) Sdn Bhd, is believed to have been sold for “at least a couple of billions [of] ringgit” to a group of Malaysians led by Datuk Andrew Lim Tatt Keong. Lim is the group executive chairman of KL Sogo and he also sits on the board of Penang-based Gama Supermarket & Departmental Store Sdn Bhd.

Posted by Bokai > 1 month ago | Report Abuse

still their customer anyway Malaysia or Singapore

Posted by jack2 > 1 month ago | Report Abuse

Dairy Farm International remains fully committed to its retail business in Malaysia, sharpening its strategic focus on the fast-growing health and beauty business and will continue to wholly own and operate Guardian Health and Beauty stores. “The company has exciting plans over the next two years — continuing to refresh the Guardian store format and significantly expanding its store network (currently over 500 branches)

Posted by jack2 > 4 weeks ago | Report Abuse

hope for higher dividend

Posted by Bokai > 3 weeks ago | Report Abuse

government may be trying to drive traffic towards retail industry

Posted by jack2 > 3 weeks ago | Report Abuse

LeeTW 99speedmart stake from news

1. Burger King
2. Alliance Bank 5.07%
3. Rgtech 15.77%
4. iFast (sg) <3%
5. J&C Pacific 17.73%