MR D.I.Y. GROUP (M) BERHAD

KLSE (MYR): MRDIY (5296)

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Last Price

2.23

Today's Change

+0.04 (1.83%)

Day's Change

2.14 - 2.25

Trading Volume

6,047,000


3 people like this.

2,599 comment(s). Last comment by NgWS90 6 days ago

pang72

51,279 posts

Posted by pang72 > 2020-11-07 22:49 | Report Abuse

ONLINE BUSINESS ON HIGH DEMAND!!

NO WONDER RAISE UP FROM 1 6 TO 2.04...

AND 50% YOY PROFIT INCREASE...

pang72

51,279 posts

Posted by pang72 > 2020-11-07 22:49 | Report Abuse

Physical store and online DIY - all good!!

pang72

51,279 posts

Posted by pang72 > 2020-11-07 23:25 | Report Abuse

The impressive 3Q20 results come on the back of higher average monthly sales per store which rose 7%,
compared to the corresponding quarter in 2019. The higher PAT growth was a result of the higher
average monthly sales per store, coupled with lower operating expenses as a percentage of revenue,
which declined from 18.4% to 17.3% in the current quarter.

INI AH MO EXPLAINATION...

GOOD JOB MR DIY...

pang72

51,279 posts

Posted by pang72 > 2020-11-07 23:30 | Report Abuse

Again, i understand why Mr DIY raise up from 1.6 yo 2.04...

More to go like the focus article pointed out that Sky Is Limit...

Jason85

652 posts

Posted by Jason85 > 2020-11-07 23:32 | Report Abuse

Omg are you sure DIY so great?

awesome20

1,191 posts

Posted by awesome20 > 2020-11-07 23:37 | Report Abuse

Ipo day mcm nak pancit...jumaat ni memadu kuat

Buns

165 posts

Posted by Buns > 2020-11-08 00:02 | Report Abuse

Good results but please look closely the big 50% profit jump everyone is talking about is 3Q20 from 3Q19.

Remember, 3Q20 had pent up demand due to 2Q20 huge lockdown before transitioning to partial in 3Q20. Everyone was traveling and splashing due to all saved up disposable income and loan moratorium, even my friends usually go to japan / korea and shunned local places went to pangkor and sabah desperate to go anywhere as long as can spend.

Look at the year on year till last filling meaning 1Q-3Q 19 vs 1Q-3Q 20 it's not 50%, only 0.98%. Do the math if you think this seems insane ( what 50% vs 0.98%???) , look at their fillings and calculate them. The numbers check out. So for those wanna punt one quarter of results 50% jump, great results and was a great run. Long term, check the math for 9 months ending this year vs last year and think it through.

vbq9858

10 posts

Posted by vbq9858 > 2020-11-08 00:23 | Report Abuse

Hlt forum got one guy has big hatred on the stock, now I found another guy also has big hatred on the Mr DIY, If you don’t like the stock or has ulterior motives pls stop it. Everyone here to make money for living

pang72

51,279 posts

Posted by pang72 > 2020-11-08 00:24 | Report Abuse

My target is 2.50..only..

Nextvweek can touch liao!!

pang72

51,279 posts

Posted by pang72 > 2020-11-08 00:24 | Report Abuse

I am not greedy for sure!!

pang72

51,279 posts

Posted by pang72 > 2020-11-08 01:04 | Report Abuse

It is not easy to find a growth stock from 1.60 to 2.50..

Mr DIY shall make it happen

Sslee

6,663 posts

Posted by Sslee > 2020-11-08 08:14 | Report Abuse

In an unprecedented move, Bursa Securities has also exempted Mr DIY from the minimum 25% public shareholding spread requirement for its IPO. Based on the draft proposal, the homegrown retailer is allowed to maintain a public float of 15%.

On the approval by Bursa Securities for Mr DIY to keep its public float at 15%, the source says this is the first time for the capital market regulator to do so.

He points out that Bursa Securities wanted to convince Mr DIY to list on Bursa Malaysia instead of a different stock market.

Mr DIY is backed by private equity firm Creador, which is owned by investor Brahmal Vasudevan. Creador currently owns an 18% stake in the home improvement retailer.
Upon listing and the exercise of ESOS options, Creador’s equity interest will be reduced to 15.2%.

The majority shareholder of Mr DIY is Bee Family Ltd, which is co-owned by Mr DIY founder Tan Yu Yeh. Bee Family owns 54.3% in the company currently, which will be reduced to 50.8% after listing and the exercise of ESOS options.in the company currently, which will be reduced to 50.8% after listing and the exercise of ESOS options.

Sslee

6,663 posts

Posted by Sslee > 2020-11-08 08:24 | Report Abuse

(CNN)America has chosen Democrat Joe Biden as its 46th president, CNN projects, turning at a time of national crisis to a man whose character was forged by aching personal tragedy and who is pledging to restore calm and truth after Donald Trump's exhausting and manic single term.

In a written statement Saturday, Biden, who is expected to address the American people later in the day, said he was "honored and humbled" by the trust the American people have placed in him.

"In the face of unprecedented obstacles, a record number of Americans voted. Proving once again, that democracy beats deep in the heart of America," Biden said. "With the campaign over, it's time to put the anger and the harsh rhetoric behind us and come together as a nation."

Sslee

6,663 posts

Posted by Sslee > 2020-11-08 08:34 | Report Abuse

Good morning i3lurker,
When you are big enough Bank, IB, Bursa, Government, etc and etc will give you special deals that are unheard of.

Sslee

6,663 posts

Posted by Sslee > 2020-11-08 10:37 | Report Abuse

Haha when you are not so big you need to play act as big enough or play hard to get in order to get the special deals.

pang72

51,279 posts

Posted by pang72 > 2020-11-08 10:57 | Report Abuse

Mr DIY ipo raised from 1.6 to 2.04, must be very good!!! About 27% gain!!

It considered good ipo..
Shareholder are all Huat!!

pang72

51,279 posts

Posted by pang72 > 2020-11-08 11:00 | Report Abuse

Unlike lctitan ipo drop below ipo price and everyone shout good before subscription..

Retailers like us always losing money...

Good ipo.. Lctitan drop below price
Bad ipo Mr DIY.... 27% gain in 2 weeks..

pang72

51,279 posts

Posted by pang72 > 2020-11-08 11:13 | Report Abuse

i3lurker pang72

of course LCTitan price dropped
coz even if entire plant destroyed by kaboom, LCTitan will NOT go bankrupt.

comparatively Mr DIE can go bankrupt anytime one, of course, share price will go UP
the increase in Mr DIE share price is very similar to Enron share price increase
08/11/2020 11:05 AM

THAT ISVWHAT I SAID BUY BAD STOCK THEN THE PRICE GOING UP.. JUST TO EARN MONEY...

I WILL NOT KEEP MR DIY TILL FILING BANKRUPTCY

pang72

51,279 posts

Posted by pang72 > 2020-11-08 11:14 | Report Abuse

My objective of trading is earning money...

I know IB will fork out all money to push Mr DIY to sky in short time..

It is coming...!

Sslee

6,663 posts

Posted by Sslee > 2020-11-08 11:14 | Report Abuse

Haha i3lurker so someone bail out private equity firm Creador, which is owned by investor Brahmal Vasudevan.
Do you think banks and creditors will bail out Tony Fernandes?

pang72

51,279 posts

Posted by pang72 > 2020-11-08 11:15 | Report Abuse

IB and brahmal investment team are closely monitor Mr DIY performance!!!

It can't fail!

pang72

51,279 posts

Posted by pang72 > 2020-11-08 11:16 | Report Abuse

I am small little fly as compared to in and brahmal billions investment fund..

I agreed no retailers in Mr DIY because bad company..

The daily volume are Co trol by IB and institutions...

The price will continue to up above 2 to 3 to attract retailers into the stock like Supermx...

pang72

51,279 posts

Posted by pang72 > 2020-11-08 11:19 | Report Abuse

In order to win on Mr DIY ipo, the price need to raise up high high high for owner to unload..

1.60 is not the price-rugi
2.04 is not the price - nuts..

3.2 is the price - brahmal earning always 2x...

pang72

51,279 posts

Posted by pang72 > 2020-11-08 11:21 | Report Abuse

I3lurker,

If you can tell me the reason of natwide raised from 11c to 84c in 3 weeks, you understand Mr DIY will up from 1.60 to 3.2 in 3 weeks...

pang72

51,279 posts

Posted by pang72 > 2020-11-08 11:34 | Report Abuse

I3lurker,

At least you agree me DIY will go very high before bankruptcy....

Target 3.2 which is 2x ipo price...

Let's see next week movements!!

(Market will very bull run to sky before crashing...)

pang72

51,279 posts

Posted by pang72 > 2020-11-08 11:44 | Report Abuse

I3lurker,
Maybe I get you wrong early.
Then we can enjoy the spike liao..

Let's brahmal billions dollar funds to goreng this Mr DIY..

We just sit to huat!!!

The good things are no retailers here yet!!

Many opportunities!

Sslee

6,663 posts

Posted by Sslee > 2020-11-08 12:00 | Report Abuse

Haha i3lurker no worries about me I already learned my lessons the hard way.

pang72

51,279 posts

Posted by pang72 > 2020-11-08 12:49 | Report Abuse

OK I3lurker...
I am understand of 3 mons strategy

cockroach

418 posts

Posted by cockroach > 2020-11-08 13:21 | Report Abuse

not bad this counter. It gives 1000unit shares dividend 7.30. which allow u to buy one pack of chicken rice

Sslee

6,663 posts

Posted by Sslee > 2020-11-08 13:26 | Report Abuse

THE LIQUIDITY FACTOR

This is something we had deeply thought about since listing day. The stock is fairly ‘scarce’ in the sense that it is not bogged down by fear-driven selling, except for the first 30 seconds of trading on the day of its debut when it plunged to RM1.50. Buyers at those levels have not stopped smiling since.

The 15% free float special allowance is one key reason behind this current scarcity, and sometimes, scarcity brings desirability in ownership. So as shares go up, more buyers come in. The resulting demand then pushes prices higher in a virtuous cycle.

This relative lack of liquidity in the shares is further exacerbated by locked-in shares held by controlling investors, none of whom would be keen to sell anytime soon. Not only are they riding the current gains, they just recently cashed out, remember?

For clarity, Bee Family Ltd’s share sale moratorium is six months, Hyptis/Creador is six months (or earlier provided there’s written consent by the joint bookrunners), and Premium Alphabet is three months (or earlier if the same condition was met)

In simple terms, look at this as a liquidity timebomb, in the implausible case that a flood of selling hits the market by these fellas once the share sale moratorium is lifted. That’s about three to six months from now.

For the hero uncles and Bursa's eternal optimists, there is ample time for upside fluctuations.

At present, as evidenced by the buy-sell queues comprising just a few thousand lots at a time, the stock has appealing liquidity characteristics, in our view.

Look at it this way :

Scarcity due to low-free float + market chasing the stock = shares already up 40%

If sentiment remains positive, it could rally further. In an upside scenario, the next feasible target price is anywhere between 2.10 and 2.50, if you really want to stretch it.

pang72

51,279 posts

Posted by pang72 > 2020-11-08 14:18 | Report Abuse

Why you all start love Mr DIY?

pang72

51,279 posts

Posted by pang72 > 2020-11-08 14:19 | Report Abuse

Just follow the billions dollar brahmal fund to earn money la!!

pang72

51,279 posts

Posted by pang72 > 2020-11-08 14:20 | Report Abuse

Goreng mrdiy better than goreng AirAsia mah!!

pang72

51,279 posts

Posted by pang72 > 2020-11-08 14:27 | Report Abuse

i3lurker sslee

you are starting to love Pelham Fund
:)

they have been very correct so far....
08/11/2020 1:33 PM

I3LURKER,
YOU ARE PELHAM FUND MANAGER:)?

pang72

51,279 posts

Posted by pang72 > 2020-11-08 14:28 | Report Abuse

JUAT RIDE UP 2.5 NEXT WEEK LA..

AT LEAST, PELHAM FUND SUPPORT ME!!!

pang72

51,279 posts

Posted by pang72 > 2020-11-08 16:17 | Report Abuse

Jaks..?
Don't waste time la... Worst then mrdiy!!

Continue to lose profit...

Mrdiy got 100mils profit..

Don't gamble to buy losing company. It will go bankrupt early than mrdiy

pang72

51,279 posts

Posted by pang72 > 2020-11-08 17:29 | Report Abuse

The power plant for jaks making uncle yy losing so much money...

Dont gamble in this no profit power plant

pang72

51,279 posts

Posted by pang72 > 2020-11-08 17:29 | Report Abuse

Come to billion dollars fund Brahmal mr DIY..
See how billion fund making money in ipo

pang72

51,279 posts

Posted by pang72 > 2020-11-08 17:30 | Report Abuse

The first ipo by billion fund Brahmal...
I am riding together with this sure win boat...

Bcareful

230 posts

Posted by Bcareful > 2020-11-08 17:38 | Report Abuse

This few days confirm reach 2.5 , I say de
Nxt two weeks RM 3... If cant , then few more weeks....
Just buy at sell at 2.5-3...earn 20%-40% enough..

cockroach

418 posts

Posted by cockroach > 2020-11-08 18:11 | Report Abuse

starting to love mrdiy because u pay for rm2k. u can eat one pack of chicken rice

118168

135 posts

Posted by 118168 > 2020-11-08 19:13 | Report Abuse

Finally. awake!! Pang your "mouth water" not wasted..HA! HA!
Good KARMA...

118168

135 posts

Posted by 118168 > 2020-11-08 19:15 | Report Abuse

Trade @ ur OWN RISK. Done cry father cry mother later..

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-11-08 19:19 | Report Abuse

I hate threads where someone posts a lot and then tells/ask to buy another counter...

pang72

51,279 posts

Posted by pang72 > 2020-11-08 21:01 | Report Abuse

Mr DIY has started the rocket launcher.. Fire to mooon...

pang72

51,279 posts

Posted by pang72 > 2020-11-08 21:03 | Report Abuse

Remember that no retailers buying mrdiy because of misleading information from 'certain fund' to scare people before ipo...

They had bought enough last 2 weeks...

Time to fly liao....

pang72

51,279 posts

Posted by pang72 > 2020-11-08 21:49 | Report Abuse

https://www.mrdollar.co/page/188/Our-Products/

WAIT FOR THIS DOLLARMAN TO CONCUR THE MARKET!!

pang72

51,279 posts

Posted by pang72 > 2020-11-08 21:51 | Report Abuse

If one day, mrdiy decides to go into grocery like Jaya G.

I think all this market will go bankrupt..

stockraider

31,556 posts

Posted by stockraider > 2020-11-08 21:54 | Report Abuse

Why bullishly bet on NETX leh ??

IF ONLY THE SOHAI UNDERSTAND,HOW THE MANAGEMENT OF NETX TREAT THIER INVESTMENT IN NETX LIKE THEIR SONS, THEN U SHOULD UNDERSTAND WHY RAIDER THINK NETX WILL BE VERY SUCCESSFUL AFTER THE MANAGEMENT BUY OUT LOH...!!

VERY IMPORTANT KEY POINT FOR INVESTMENT IN NETX TODAY LOH:

"It is like "management buyout" mah...!!
U think Management sohai ah? Simply buyout major shareholder fintec meh ?
They are the Insiders ...They Know the Best loh!!"

Remember With Rm 126m to Rm 131m net cash in Netx with the RI completed ,u can find big opportunity mah...!!

In addition there is a bigger skin in the game, where management confidently buyout netx & had put in rm 36m of its own hard own money to be the new substantial shareholders loh...!!

Everything is reset for Netx, it is the beginning of a New Era & a new prosperous technology NETX Mah....!!

YES BIG INTEREST ON NETX MAH...!!

NETX BENEFITED FROM;

1. HIGH GROWTH TECHNOLOGY BUSINESS
2. HIGH MARGIN OF SAFETY DUE TO STRONG NET CASH
3. AFTER CONSOLIDATION THE SHAREHOLDING STRUCTURE VERY STRONG LOH!

Very Bullish scenario mah...!!

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