MYNEWS HOLDINGS BERHAD

KLSE (MYR): MYNEWS (5275)

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Last Price

0.70

Today's Change

0.00 (0.00%)

Day's Change

0.695 - 0.70

Trading Volume

479,200

Changes
Ann. Date Date Type Name Title View
Discussions
1 person likes this. Showing 50 of 1,689 comments

doll

As expected, still making loss. Economy reopen, should've profited like 7E. Many unneeded costs hidden like other expenses? 80m p.a.?

2022-09-28 11:52

Michael Kwok

Mynews
Price 43 cents
Tp below 30 cents
1/9/2022 7.15pm
Base on market pattern.

2022-10-01 19:14

fhis

Up up...Going to challenge 0.50 today?

2022-10-06 10:38

doll

most of institutional substantial shs are ceasing their holdings, run lo. before it touches 30c

2022-10-07 17:01

nelsonlim

not bad my mynews.

2022-10-07 17:04

nelsonlim

next resistance 55c

2022-10-07 17:05

wallstreetrookie

Thanks

2022-10-09 14:31

StartOfTheBull

According to the newly announced budget, more goodies will be given away in the form of handouts to low income groups and 2% tax cut to the M40, consumers spending should improve further without lifting of subsidies by the government.

2022-10-09 16:54

doll

cash flow is bad, will only incur more borrowings in the future. Wasn't like the first i knew them, zero debt. good luck!

2022-10-12 16:58

speakup

ini semua pasal CU store

2022-10-12 17:01

doll

Tapi it's their last card. If it wasn't because of CU, the company might be long gone ady haha

2022-10-13 09:45

wallstreetrookie

MyNews - another turnaround stocks. Let the company go through the necessary restructuring. Then we fly

2022-10-18 12:48

wallstreetrookie

I am pretty sure MyNews will survive. No PN17

2022-10-18 12:48

doll

How pretty is your sure? Owe others $, receive petition then only willing to pay

2022-10-19 14:22

Michael Kwok

Price 49 cents
Let see few days(thurs,fri,monday)never below 44.5 cents by closing a buy call.
26/10/22 8.48pm

2022-10-26 20:47

wallstreetrookie

MyNews is currently going through a series of restructuring. After that, it will be acquired by QL Resources

2 months ago

wallstreetrookieNEW

Bought even more Mynews

1 month ago

wallstreetrookieNEW

Revenue per store will beat analyst estimates in the next 2 quarters moving forward FY2023

1 month ago

wallstreetrookieNEW

Do not get shaken out.

1 month ago

wallstreetrookieNEW

MyNews remains the best turnaround opportunity on the market. A lot of institutional interest in this company. PMs will try to shake retail out. MyNews is still trading 10% below intrinsic value

1 month ago

doll

Other income manage to cover the loss this q. Probably trimmed some expenses but everything else are the same. Many cashing out from small gain previously. First i knew this Company they have zero debts, with many private placements, now can't even attract whale investors

1 month ago

newbie8080

Just be cautious as the company grow CU store with more than 50% of the stores making losses as they grow further.
Lease liabilities balloon from RM87mil in 2021 to RM154 mil in 2022.
Cash is dwindling to all time low and expected either a rights issue or private placement in 1-2 quarters from now.

1 month ago

doll

maybe rights issue. who want do pp with them? all institutional also left. used to have kwap, epf, aberdeen with them, where now only the owners are buying back themselves

1 month ago

newbie8080

@doll
True and very much agreed.
In fact, before they announced CU store project in 2020, the company had been making good revenue growth and very profitable.

1 month ago

BursaVulture

@newbie8080

They make good profit and revenue before FamilyMart came to malaysia. Problem with myNews is they always follow people. Last time says will beat 711 in their own game by setting up shops nearby 711. When FM came to Malaysia, they tried to copy by setting up their FPC, nobody goes to mynews and buy ice cream and bread, so they lose lots of money in FPC.

Now FM moving to dine in cafe style, go check out FamiCafe. CU now outdated already. Always a follower.

1 month ago

wallstreetrookieNEW

Buy more

1 month ago

wallstreetrookieNEW

These sour grapes missed out the chance to buy MyNews at the bottom. The company will return to previous highs in one or two years

1 month ago

doll

@newbie8080 @BursaVulture

Very true as well. Like i mentioned, is their last card CU saved their ass.

I m not against the Company, but with the management team like that better i put my money elsewhere. Was visiting them quite frequently when there are MYNEWS, local brand, now they are like KOREAN already. I hate KPOP so too bad lar

1 month ago

wallstreetrookieNEW

Let's go

1 month ago

wallstreetrookieNEW

Top up RM20k

1 month ago

wallstreetrookieNEW

So many sour grapes and liars here. I know y'all bought already

1 month ago

nickinvests

Post removed.Why?

1 month ago

nickinvests

Post removed.Why?

1 month ago

wallstreetrookieNEW

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.

1 month ago

wallstreetrookieNEW

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

1 month ago

goldmanbull

Telegram name: mynewsinvestors

3 weeks ago

goldmanbull

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.

3 weeks ago

wallstreetrookieNEW

Shh

2 weeks ago

wallstreetrookieNEW

Don't promote

2 weeks ago

wallstreetrookieNEW

Almost time to take profits on MyNews

1 week ago

wallstreetrookieNEW

One more pump and we SELL let’s go

1 week ago

wallstreetrookieNEW

MyNews downgraded from Overweight to Neutral

1 week ago

wallstreetrookieNEW

Almost time to take profits

1 week ago

quinriver

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)

1 week ago

wallstreetrookieNEW

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

1 week ago

wallstreetrookieNEW

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

1 week ago

VTrade

China GDP drop 25%
From 3.9%
To 2.9%

1 week ago

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