MYNEWS HOLDINGS BERHAD
KLSE (MYR): MYNEWS (5275)
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Last Price
0.585
Today's Change
-0.01 (1.68%)
Day's Change
0.58 - 0.595
Trading Volume
395,800
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
1 person likes this. Showing 50 of 1,880 comments
THE QUARTERLY SALES OF 7-11 (sem) WERE FALLING BUT MYNEWS PULAK RISING... GO FOR MYNEWS, A GROWTH & RECOVERY STORY!
2024-03-29 10:14
DIRECT BIZ TRANSACTION PRICES BEFORE COVID PANDEMIC 2020
06/11/2019 00:00:00 1.3000 0.0100 776,800 776,800 1.010m 1.010m 1.3000 0.1139 -
16/10/2019 00:00:00 1.3500 - 1.000m 1.000m 1.350m 1.350m 1.3500 0.1466 -
01/10/2019 00:00:00 1.3500 - 538,800 1.284m 727,380 1.733m 1.3500 0.0790 -
01/10/2019 00:00:00 1.3500 - 745,000 1.284m 1.006m 1.733m 1.3500 0.1092 -
22/07/2019 00:00:00 1.4100 - 410,600 410,600 578,946 578,946 1.4100 0.0602 -
02/07/2019 00:00:00 1.3700 - 250,000 250,000 342,500 342,500 1.3700 0.0366 -
21/12/2017 00:00:00 1.4400 -0.0100 14.450m 15.000m 20.808m 21.600m 1.4400 2.1183 -
21/12/2017 00:00:00 1.4400 -0.0100 550,000 15.000m 792,000 21.600m 1.4400 0.0806 -
15/12/2017 00:00:00 2.9000 -0.0500 6,500 6,500 18,850 18,850 2.9000 0.0019 -
19/04/2017 00:00:00 2.0000 -0.1700 100,500 100,500 201,000 201,000 2.0000 0.0324 -
07/04/2017 00:00:00 1.9000 -0.0400 300,000 10.300m 570,000 19.070m 1.8515 0.0968 -
07/04/2017 00:00:00 1.8500 -0.0900 10.000m 10.300m 18.500m 19.070m 1.8515 3.2251 -
13/02/2017 00:00:00 1.9000 0.0200 500,000 500,000 950,000 950,000 1.9000 0.1613 -
25/11/2016 00:00:00 1.7000 0.0200 30,000 30,000 51,000 51,000 1.7000 0.0097 -
24/11/2016 00:00:00 1.7000 0.0200 30,000 60,000 51,000 102,000 1.7000 0.0097 -
24/11/2016 00:00:00 1.7000 0.0200 30,000 60,000 51,000 102,000 1.7000 0.0097 -
07/10/2016 00:00:00 1.8800 - 1.000m 10.000m 1.880m 18.800m 1.8800 0.3225 -
07/10/2016 00:00:00 1.8800 - 9.000m 10.000m 16.920m 18.800m 1.8800 2.9026 -
21/09/2016 00:00:00 1.6800 -0.0200 1.000m 1.000m 1.680m 1.680m 1.6800 0.3225 -
07/09/2016 00:00:00 1.5800 - 2.000m 2.000m 3.160m 3.160m 1.5800 0.6450 -
20/05/2016 00:00:00 1.3500 -0.0500 65,000 65,000 87,750 87,750 1.3500 0.0210 -
2024-03-29 10:46
more n more tourists datang, mynews boleh rebound macam dulu b4 pandemic, bertahan ya... balik 80sen - RM1 by year-end hopefully ..good luck
2024-03-29 11:17
ofis workers juga makan breakfast, lunch dan dinner kat mynews... inflasi & kos hidup hehe
2024-03-29 11:19
valuation of mynews terlalu rendah vs 7 eleven (SEM)... it should catch up quarter by quarter. all the best
2024-03-29 11:20
semoga jauh lebih tinggi tahun ni :)
MYNEWS - Notice of Book Closure
MYNEWS - Notice of Book Closure
ILC-04102023-00001
Single-tier interim dividend of 0.5 sen per ordinary share in Mynews Holdings
Berhad in respect of the financial year ending 31 October 2023. Kindly be
advised of the following : 1) The above Company's securities will be traded
and quoted "Ex - Dividend? as from: 17 Oct 2023 2) The last date of lodgment :
18 Oct 2023 3) Date Payable : 09 Nov 2023
MANAGER, REF. DATA MANAGEMENT
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
04/10/2023 07:00 AM
Ref Code: 202310045100007
2024-03-29 11:23
tolong pergi baca p/b value, NTA, quarterly sales growth dll... usah hanya baca komenku ya. Bye!
2024-03-29 11:24
Wow, 2 quaters untung berterusan. Safe tak akan gulung hehe
Profit before taxation for the current quarter was RM3.19 million as compared to RM2.40 million in the
immediately preceding quarter.
Earnings before interest, tax, depreciation (inclusive the depreciation of right-of-use assets) and
amortisation (EBITDA) increased by 2.0% to RM26.59 million from RM26.06 million.
2024-03-29 12:46
Bagus...
PROSPECTS
Currently, the group is operating a total of 619 outlets, made up of 468 myNEWS (including 34
SUPERVALUE), 132 CU and 19 WHSmith outlets. The number of new stores will increase at a faster rate
in FY2024. Therefore, we expect the sales revenue to grow in parallel with the growing store network
and ongoing efforts in increasing the in-store sales. Consequently, we expect the capacity of the FPC to
continue to increase, driven by the increasing sales at the retail front.
After going through the pandemic, Mynews is stronger, more versatile and dynamic. It looks towards
strategically expanding its five retail brands, namely, myNEWS, Korea's CU, the U.K.'s WHSmith,
SUPERVALUE minimart and MARU Coffee at a faster rate. Meanwhile, the internal talent and core
infrastructure made up of IT systems, FPC, distribution centres and logistics are continually enhanced to
support the growing businesses.
Mynews has turned profitable since the fourth quarter of FY2023. Barring any unusual seasonal changes
and unforeseen circumstances, Mynews is confident that the worst is over and expects that its
performance will continue to improve.
2024-03-29 12:48
Cash equivalents~ rm43mil, retained earnings rm32mil... dividend terjamin hehe
2024-03-29 12:49
KUALA LUMPUR: The outlook for MyNews Holdings Bhd appears promising, according to RHB Research.
The change in strategy to consolidate the management teams of MyNews and CU stores has led to promising sales and margin improvement, the firm added.
"Moving ahead, the robust expansion of the MyNews brand, coupled with the reduction of losses at CU and anticipated breakeven of the food processing centre (FPC) are poised to sustain the group's turnaround," it said in a note.
RHB Research added that MyNews had achieved RM24 million-RM29 million profit pre-pandemic, but the introduction of CU in 2021 resulted in continuous losses throughout its gestation period.
Over the three years, the convenience store operator had learned from its mistakes and adapted a new strategy.
It consolidated the management teams of CU and MyNews to leverage the latter's local expertise in running an international brand.
"This resulted in GPM improvement given the more synergistic benefits and cost savings due larger combined scale, while also contributing to stronger sales through better product assortment.
"We highlight CU's closest peer, FamilyMart, took three years to breakeven.
"With the financial year 2024 (FY24) marking the third year since CU's introduction, excluding the pandemic year, it is poised to break even," it noted.
RHB Research expects profit to return to pre-pandemic levels in FY25 for MyNews, with CU breaking even by the end of 2024.
The firm kept a "Buy" call on the company with a target price of 68 sen.
RHB Research said MyNews has been continuously gaining market share, with sales growing despite the overall decline in the convenience store sector, as cited by Nielsen.
This is attributed to its continuous fine tuning of product offerings and the introduction of more quality fresh food items after securing sufficient labour for FPC, which has led to better consumer traction.
"Management guided to aggressively expand this profitable brand to further offset narrowing losses from other business units given its track record of resilient performance.
"We believe this will be further aided by a new shareholder providing valuable insight and suggestions to the business.
"Mynews also plans to introduce new Maru Coffee Café, leveraging on the popularity of its coffee and fresh food products," it noted.
RHB Research also highlighted that FPC's losses narrowed to RM0.2 million in the first quarter (1Q) of FY24, smallest losses since its establishment in 2019.
This was due to stabilised input costs, and management being able to negotiate better terms with suppliers due to stronger sales volume.
"We anticipate FPC utilisation will continue to ramp up in line with store expansion and higher in-store sales.
"On the other hand, WH Smith's earnings are currently at approximately 70 per cent of pre-pandemic level as it was impacted by some airport renovation, but we expect it to recover post renovation and increasing tourist arrivals," it noted.
Moving forward, the firm said key risks for MyNews include delays in CU's turnaround and weaker-than-expected consumer sentiment.
2024-03-29 12:58
Maybank Investment Bank (Maybank IB) Research has maintained a “buy” call with an unchanged TP of 62 sen for MyNews.
“With its CU stores and food processing centre reaching break-even levels, positive group earnings growth will become more sustainable, while growing average sales per store also signals an improved consumer appeal towards Mynews stores,” it said.
2024-03-29 13:05
On steadier footing in FY24E
We are encouraged that sales for both Mynews and CU stores have improved, alongside narrowing losses for the group’s FPC and CU operations. With this, MNHB can fully focus on growing its group-wide fresh food sales contribution to lift group margins in a sustainable manner. Our earnings estimates are unchanged. Maintain BUY with an unchanged TP of MYR0.62, based on 1.7x FY24E PBV
2024-03-29 14:00
FYE Oct (MYR m) FY22A FY23A FY24E FY25E FY26E
Revenue 631 730 795 902 1,014
EBITDA 56 82 80 72 55
Core net profit (20) (11) 5 8 12
Core EPS (sen) (2.9) (1.7) 0.7 1.2 1.8
Core EPS growth (%) nm nm nm 65.8 56.5
2024-03-29 14:47
According to Nielsen, Mynews has been continuously gaining market share, with sales growing despite the overall decline in the convenience store sector.
2024-03-29 17:25
UP 1/2 sen today... it should rise in stages till Q4 at year-end. buy n hold.
2024-03-29 21:20
quarterly results should continue to rise , and the share price will rise in tandem with it. cheers
2024-03-29 21:21
Super cheap compared to 7-11.
@goldmanbull
A counter that has been overlooked by market for too long already....
16 hours ago
2024-04-02 08:37
Strongly believe it would rebound in stage. The worse is over. Now on the profitable path again, on the way up again
2024-04-02 08:38
Margin very thin....Sarawak and Sabah no hope. also too many local convience store which mainly for online ?????gamb...
2024-04-13 22:31
Too undervalued. Matter of time before Mynews roar back like its old name Bison Consolidated...
2024-04-24 16:30
mynews biggest drag is the CU store. The store open have lack of trafice and do not know how long will drag on.
2024-05-22 11:46
Hafid, you invested in Mynews? You are absolutely right about CU being a drag to Mynews. But let me ask you a question, if CU was doing well, do you think you can buy Mynews at this price? I think it will be RM1 easily. Hence, if you buy at RM1 you will make some money but not much.
2024-05-23 11:49
Min wages to increase to 2,000
Electricity costs to increase
Petrol and diesel subsidies going to reduce or remove to increase logistical costs.
Operation costs going to increase due to ESG rubbish
Administration and taxation costs going to increase due to E-invoices
Competition from China competitors entering Malaysia market.
2 months ago
After few month.. mynews doing well, share price also doing well.
Slap face to Those look down on mynews.
Wakakaka
2 months ago
Hahaha. Sure need to syiok sendiri… so what min wage? First time meh..
All company have to deal with it.
2 months ago
^ close down some shops, planning to open more at the east coast and collab with Korean brand CU, something like that. Not really a bad news to me.
3 weeks ago
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2024-01-31 Q1, mynews quarterly revenue hit ~RM200mil, the highest level ever achieved ... the share price is expected to recover in tandem with the growth in sales and profitability
2024-03-29 10:05