Posted by marky2kalpha > 2021-04-16 11:02 | Report Abuse

cOME COME WE GO BUY GLOVES BETTER ...DONT BUY MR DIY ....KOK ALSO LAUGH ....COME COME LETS GO WE BUY GLOVS GLOVES

Posted by marky2kalpha > 2021-04-16 11:16 | Report Abuse

Strong buy also no use this counter ......dropping also ..hahahaha ....u buy diy shares quite a lot but some one sell 600 unit only also can drop ...wowwwww ....compare those buy more than 600 unit value.........difference so big ..i think this operator mostly likely to trap people....hahahaha....sell 600 unit only already drop so much ....hey operator u play play ka

Posted by marky2kalpha > 2021-04-16 11:24 | Report Abuse

Malaysia full of scammers .....thats why drop drop drop only

Posted by marky2kalpha > 2021-04-16 11:28 | Report Abuse

Sure a lot of analysis will coming out from various of investment agency and so on

Posted by marky2kalpha > 2021-04-16 11:44 | Report Abuse

Gooogogogogogog...ye haaaa ...drop faster ..drop ...dropp ....droopppppp Yu huuuuuuuuuuuuuuuuuuu!!!!!!!!

Posted by Goldberg > 2021-04-17 10:57 | Report Abuse

MR D.I.Y. Group (M) Berhad
---------------------------
Affin Hwang

1-Mr DIY registered a core net profit of RM113.5m (+54% yoy) for 3Q20, on the back of higher store count and a pent-up sales recovery post-lockdown.

2-That said, earnings downside remains a risk in the subsequent quarters, considering:

i) sporadic lockdown measures,

ii) potential margin compression from accelerated store openings and

iii) restocking activities trickling off.

3-We retain our cautious stance given the potentially volatile earnings delivery amid a challenging retail environment.


Maintain SELL

Posted by Insider Forecast > 2021-04-19 17:08 | Report Abuse

DIY to be replace supermx. Bursa look forward to DIY. Time to grab now https://klse.i3investor.com/blogs/AmInvestResearch/2021-04-15-story-h1563334515-MR_D_I_Y_M_Group_To_benefit_from_potential_FBM_KLCI_entry.jsp

Posted by Insider Forecast > 2021-04-19 17:36 | Report Abuse

this goody99 and r88 very funny one. what technical indicators la..bla bla....if u not believe technical indicators, then u should believe their business profit, if u not believe profit, u should believe bursa, MR DIY going to become blue chip. Investing not a gamble, stop barking.

Posted by Goldberg > 2021-04-19 20:08 | Report Abuse

Fully agree !

Posted by pjseow > Apr 19, 2021 8:04 PM | Report Abuse

What is so good about DIY fundamentally? It was just listed and had a 2 qtr history of financial results. Which. MRDIY business fundamentals are better than supermx? Growth.rate for the past 5 years? Cash.position? Nett Margin, ROE? Future earning. potential? Technological advantages? Workdwide.customer base ? I cant see any of these can beat supermx. DIY is definetely.overpriced . If such a company with these fundamentals can have a PE.of 60 , then.supermx deserved a PE.of 100

Posted by thor85 > 2021-04-19 20:12 | Report Abuse

Smart people will buy supermax (undervalue stock) and will not even dare to touch Mr diy (overvalue stock).

Posted by Goldberg > 2021-04-19 20:19 | Report Abuse

And there are IBs such as AmInvest giving a TP of Rm4.48

Obvious AmInvest is PAID to give such a ridiculous TP.

Perhaps SC /BURSA should haul up AmInvest for misleading the investing Public.with such poorly presented report.

Posted by thor85 > 2021-04-19 20:20 | Report Abuse

Extremely agree with pjseow. Be a smart investor and not a gambler

Posted by lkoky > 2021-04-19 20:25 | Report Abuse

Just check how many call warrants being issued in last 3 mth. And how the new warrants coincide with price hike.

Posted by brian3381 > 2021-04-19 20:27 | Report Abuse

Malay like to buy at diy. Where got malay buy supermx glove?

Posted by Dante5566 > 2021-04-19 20:35 | Report Abuse

Be extra careful with AmInvest.

They gave a few million dollar making mr diy tp of rm4 plus, but also the same tp of rm 4 plus to billion dollar profit making top glove company.

Something doesn't make sense here.

Ya all be careful of this licensed scammers lurking around.

Posted by Goldberg > 2021-04-19 20:41 | Report Abuse

A) The total IPO offering is 941,490,000 shares or 15% stake on the enlarged number of shares post IPO, and the breakdown as follows:

753,090,000 existing shares to be sold by existing shareholders to Institutional Investors. Existing shareholders are exiting around 12% of their pre-IPO stake, by offering 753,090,000 existing shares to Institutional Investors.
188,400,000 new shares are issued to mostly Retail Investors (85.7% of the offering), with the IPO proceeds (RM301.4 million) being used to pare down borrowings (RM 276.1 million) and pay for IPO expenses (RM25.3 million).
This IPO is clearly more of an exit event for existing shareholders, than a fund raise for the next phase of growth

(B) 6 months share sale moratorium applicable for the remaining controlling stake held by the founder's family, via Bee Family Limited and:

Hyptis / Creador, remaining 15.2% stake (959,873 shares) post IPO can be sold of the market with the written consent of the Joint Book runners. (otherwise there is a 6 months restriction period post IPO)
Platinum Alphabet / Gan Choon Leng and Tan Gaik Hoon remaining 6.9% stake (433,842 shares) post IPO can be sold of the market with the written consent of the Joint Book runners (otherwise there is a 3 months restriction period post IPO)..

(C) Existing shareholders have paid themselves in favorable manner prior to the IPO.

RM90 million cash spent on purchasing MR D.I.Y. in Brunei, which consist of 4 stores. This was also partially funded by borrowings. This is equivalent to RM25 million per store. Compare that to the IPO pricing of RM14.9 million per store.
RM500 million in cash dividend was paid out to shareholders in the last financial year prior to the planned IPO. This dividend payout was partially funded by borrowings. That is a 5% dividend yield on the proposed IPO price of RM1.60.
Near to mid-term dividend payout will definitely not be of similar yield. IPO prospectus noted a dividend

Posted by Goldberg > 2021-04-19 20:52 | Report Abuse

More interesting facts about the Dodgy Mr DIY.

https://klse.i3investor.com/blogs/Sslee_blog/2021-02-26-story-h1541916706-MRDIY_Can_Media_and_IB_report_be_independent_and_free.jsp

Posted by Goldberg > 2021-04-19 21:11 | Report Abuse

A long list of related parties transactions and conflicts of interest were disclosed in the IPO prospectus.


A key one being, controlling shareholders hold controlling interest in entities for MR D.I.Y. branded retail operations elsewhere including Thailand, Singapore, Indonesia, Philippines, Cambodia, Laos, and more. They have also licensed the use of the brand to third party for retail operations in India.
These overseas operations are not consolidated into the current to-be-listed entity. The current to-be- listed entity only for MR DIY’ Malaysia and Brunei Business.

MDGM’s FY20 core PATAMI of RM349.9m (+6.8% YoY) was above both ours and consensus expectations at 107.6% and 111.0%, respectively.

The positive results surprise was due to better-than-expected SSSG and lower-than-expected effective tax rate. After factoring in slightly higher SSSG, our FY21/22 forecasts are increased by 2.0%/1.5%. Along with the rolling over our valuation year to FY22 (from mid-FY22), our TP rises from RM3.33 to RM3.81 based on an unchanged 40x PE multiple.


What are the omission/commission or highlighted/ignored by IB?

Why using unchanged 40XPE?

What will be the total addressable market in Malaysia and Brunei?

What will be the terminal growth rate?

With only 161.53 million shares going to retail investors is the current shares price CORNERED by the institutional investors?

Among the notable institutional investors in MR DIY’s IPO exercise are BlackRock, JPMorgan Asset Management, Aberdeen Standard, AIA, FIL Investment Management and Pictet Asset Management.

Posted by thor85 > 2021-04-20 05:28 | Report Abuse

Let's see if this quarter Mr diy still maintaining fantastic profit around 100million.

Posted by Snowpiercer > 2021-04-20 09:44 | Report Abuse

Nobody knows when but the day will come when this starts to collapse....56x PE, DY of less than 0.5% for a saturated/low population market....watch out

Posted by Insider Forecast > 2021-04-20 09:56 | Report Abuse

the demand will become more and more. this is wat market need

Posted by Insider Forecast > 2021-04-20 09:56 | Report Abuse

good profit Mr. DIY. will announce qr very soon

Posted by Insider Forecast > 2021-04-20 09:58 | Report Abuse

time to buy more before it go to bluechip

Posted by Goldberg > 2021-04-20 10:02 | Report Abuse

Mr DIY Borrowed from Banks to Pay Dividends.
-----------------------------------------------
RM500 million in cash dividend was paid out to shareholders in the last financial year prior to the planned IPO. This dividend payout was partially funded by borrowings. That is a 5% dividend yield on the proposed IPO price of RM1.60.
Near to mid-term dividend payout will definitely not be of similar yield.

IPO prospectus noted a dividend

Posted by zanbini > 2021-04-20 10:35 |

Post removed.Why?

Posted by zanbini > 2021-04-20 10:36 |

Post removed.Why?

Posted by thor85 > 2021-04-20 12:22 | Report Abuse

Insider Forecast Let's see if this quarter supermax profit is still ten times Mr diy profit. Based on current qr Mr diy will need two years to achieve 1billion profit but supermax only need one quarter only.

Posted by Goldberg > 2021-04-20 14:46 | Report Abuse

Can any news media and IB report be independent and free? Case in Point Mr DIY.
--------------------------------------------------
https://spartacus-educational.com/USAswintonJ.htm
John Swinton, former Chief of Staff of the most powerful and prestigious newspaper on earth, The New York Times, when asked to give a toast to the "free press" at the New York Press Club stated:

(1) John Swinton, speech in New York City (1880)

There is no such thing, at this stage of the world’s history in America, as an independent press. You know it and I know it. There is not one of you who dare write your honest opinions, and if you did, you know beforehand that it would never appear in print. I am paid weekly for keeping my honest opinions out of the paper I am connected with. Others of you are paid similar salaries for similar things, and any of you who would be foolish as to write honest opinions would be out on the streets looking for another job. If I allowed my honest opinions to appear in one issue of my papers, before twenty-four hours my occupation would be gone. The business of the journalist is to destroy the truth, to lie outright, to pervert, to vilify, to fawn at the feet of mammon, and to sell his country and his race for his daily bread.

The above speak 99.999% true for any news media and IB report claimed of “Independent and free press”

For example let’s examine what omission/commission or highlighted/ignored by free and independent media report on MRDIY:

PETALING JAYA: The RM1.5bil initial public offering (IPO) of Main Market-bound MR DIY Group (M) Bhd has been oversubscribed by retail investors as well as Malaysian and foreign institutional funds by 3.91 times.
The home improvement retailer’s IPO involves the offer of up to 941.49 million shares, with institutional investors taking up 779.96 million shares and the remaining 161.53 million shares going to retail investors.

“For the balloting in respect of the applications received from the Malaysian public, a total of 9,244 applications for 133.93 million issue shares with a value of RM214.29mil were received, representing an oversubscription of 0.07 times.

What was NOT highlighted-

Retail investor balloting:

1 retail investor successful applied for 9 million shares (8.40%)
1 retail investor successful applied for 25 million shares (23.34%)

Can a retail investor have so much money to apply for 9 or 25 million shares?

Is The Balloting manipulated by the Promoters?

Posted by Goldberg > 2021-04-20 14:49 | Report Abuse

Mr DIY's top 30 shareholders controlling 70 -95% of the shares - its basically a 'Cornered' stock. The 'institutional 'syndicates are in full control of the share price.

The value was created by the big boys decision to push up the share price with IB 'misleading' report as cohort.

By the way IBs ( if not all IBs) has joined the DIY bandwagon by issuing 20 call warrants to date.

Posted by budakbaik > 2021-04-20 16:09 | Report Abuse

bearish... how deep, donno yet... DIY not in good shape now.... watch out....

Posted by Goldberg > 2021-04-20 16:14 | Report Abuse

SC and Bursa are not doing their job- This is a clear cut rigged/manipulated counter.

The Authorities sleeping as usual.

Posted by Bgt 9963 > 2021-04-20 16:28 |

Post removed.Why?

Posted by Insider Forecast > 2021-04-20 16:48 | Report Abuse

going to issue dividend. 40% each year. a future blue chip stock

Posted by Goldberg > 2021-04-20 16:53 | Report Abuse

Soon MR DIY will be doing a PP-Private Placement @ RM 3.80 to raise funds to pay dividends.

Posted by Stockisnotfun > 2021-04-20 16:55 | Report Abuse

How Mr DIY able to issue dividend without cash? Just wondering where the money came?

Posted by Insider Forecast > 2021-04-20 17:16 | Report Abuse

they doing PP

Posted by Insider Forecast > 2021-04-20 17:17 | Report Abuse

Stockisnotfun , u didn't read news?

Posted by Insider Forecast > 2021-04-20 17:19 | Report Abuse

DIY already over genting, the value should higher than genting

Posted by thor85 > 2021-04-20 17:25 | Report Abuse

Pe already too high. This stock already too much overvalue. 100million profit onlyyyy

Posted by Insider Forecast > 2021-04-20 17:35 | Report Abuse

100million profit only? whose can make such profit in this pandemic period? most of the company making lose. Don't telling joke if u donno the market

Posted by budakbaik > 2021-04-20 19:13 | Report Abuse

dont gaduh2... hehe...
but i like Goldberg info because Goldberg is a good guy n dont think he lie... Goldberg is LEGEND... huhu

Posted by Kevin Tam > 2021-04-20 22:45 | Report Abuse

Am research n HLG r irrational to give target price of DIY at 4.00-4.40; one quarter only earning 100-120 mil n expanding stores rapidly at saturated market .... Security commission should check those research houses which like to give super high TP to big cap listed companies...

Posted by thor85 > 2021-04-21 09:47 | Report Abuse

I also like Goldberg info

Posted by thor85 > 2021-04-21 09:48 | Report Abuse

Fully agree with Kevin tam.

Posted by Goldberg > 2021-04-21 10:23 | Report Abuse

A CORNERED stock can be easily Manipulated
----------------------------------------------
Foreign investors, IB's & owners -Tan Brothers collectively own close to 95 % of the paid up capital of Mr DIY.

With a free float of less than 5% - it is easy to manipulate and push the price up further.

For the record, its market capitalisation is well above that of many established banks as listed below :-

1-RHB Bank Bhd,
2-Alliance Bank (M) Bhd,
3-Affin Bank Bhd,
4-AMMB Holdings Bhd and
5-BIMB Holdings Bhd.

Mr DIY’s market cap had reached RM26.6 billion as at April 9. In terms of the banks that are lagging behind the retailer in market value, RHB Bank’s market cap came in the closest at RM21.6 billion.

Mr DIY’s price-earnings ratio (PER) is 78.21 times.

SC /BURSA - any comments.?

Posted by Kevin Tam > 2021-04-21 22:58 | Report Abuse

Those buying DIY, treated it as next Walmart or Amazon of South East Asia ? How a retailer with 600-700 stores being calculated with PE38-42 to get her TP ? Expanding 120-140 stores per year in saturated market as Peninsular Malaysia n per store sales growth should be less than 7-8%.... Worth RM4? Even RM3 is kind of overvalued...

Posted by i3lurker > 2021-04-21 23:09 | Report Abuse

Goldberg

dun waste your time
scam and con is always approved in BURSA

funny thing is expansion is banned for MrDIY,
its just a franchisee.
No expansion is allowed outside Malaysia and Brunei.

dun worry Goldberg, with MrDIY huge capitalisation later MrDIY will takeover Maybank

New Name => MrDIY Maybank

kakakakaka

Posted by i3lurker > 2021-04-21 23:17 | Report Abuse

Kevin Tam
its only worth 15 sen and definitely NOT worth 3

thats why controlled counter is the best con ever.... I think will reach RM200.00 per share later

Posted by i3lurker > 2021-04-21 23:31 | Report Abuse

Goldberg

I would say that ALL are aware that MrDIY share is only worth 15 sen

I would say that ALL are aware that MrDIY share is a controlled share

I would say that ALL are aware that MrDIY share is a con share

but BUT

most buy coz they expect the penny share controller can boost from 15 sen share to at least RM10.00 and maybe RM200.00 per share

later dive down to only 15 sen, they can only blame themselves for being a sucker.

its just a gambling counter that people use to gamble...Repco Low style

Posted by Bgt 9963 > 2021-04-22 08:46 |

Post removed.Why?