MYNEWS HOLDINGS BERHAD
KLSE (MYR): MYNEWS (5275)
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Last Price
0.58
Today's Change
0.00 (0.00%)
Day's Change
0.575 - 0.59
Trading Volume
214,200
Overview
Market Cap
396 Million
NOSH
682 Million
Avg Volume (4 weeks)
273,257
4 Weeks Range
0.57 - 0.63
4 Weeks Price Volatility (%)
16.67%
52 Weeks Range
0.36 - 0.72
52 Weeks Price Volatility (%)
61.11%
Previous Close
0.58
Open
0.59
Bid
0.575 x 112,100
Ask
0.585 x 33,700
Day's Range
0.575 - 0.59
Trading Volume
214,200
Financial Highlight
Latest Quarter | Ann. Date
31-Oct-2022 [#4] | 22-Dec-2022
Next QR | Est. Ann. Date
31-Jan-2023 | 24-Mar-2023
T4Q P/E | EY
-21.78 | -4.59%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.33 | 1.76
T4Q NP Margin | ROE
-3.51% | -8.07%
Market Buzz
News and Blogs
Company Profile
Sector: CONSUMER PRODUCTS & SERVICES
Sector: CONSUMER PRODUCTS & SERVICES
Subsector: RETAILERS
Subsector: RETAILERS
Description:
Mynews Holdings Bhd, formerly Bison Consolidated Bhd, through its subsidiaries is engaged in press & convenience retailing, comprising the operations of a press & convenience retail chain in Malaysia under trade name of myNEWS.com, newsplus, MAGBIT and THE FRONT PAGE. The company generates its revenue from Press and retail convenience.
Discussions
1 person likes this. Showing 50 of 1,699 comments
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
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
MyNews - another turnaround stocks. Let the company go through the necessary restructuring. Then we fly
2022-10-18 12:48
How pretty is your sure? Owe others $, receive petition then only willing to pay
2022-10-19 14:22
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
MyNews is currently going through a series of restructuring. After that, it will be acquired by QL Resources
2022-11-07 09:25
Revenue per store will beat analyst estimates in the next 2 quarters moving forward FY2023
2022-12-19 10:07
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
2022-12-22 16:17
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
2022-12-23 10:33
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.
2022-12-23 11:18
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
2022-12-23 14:01
@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.
2022-12-23 14:36
@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.
2022-12-23 17:33
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
2022-12-27 09:30
@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
2022-12-27 12:16
So many sour grapes and liars here. I know y'all bought already
2022-12-27 15:37
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.
2022-12-27 23:34
There are a lot of smart people on i3. But they usually don't spend a lot of time on the forum.
2022-12-27 23:34
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.
2 months ago
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)
2 months ago
I disagree, i3 has faster information and better access to technicals. Telegram group is a hive mind.
2 months ago
You just need to know which profile to follow on i3 and avoid profiles like rr88 and Calvintaneng
2 months ago
MyNews is a flip flop company, thats why sales are poor
example
MyNews stopped selling newspapers.
Hundreds of thousands of old men and old women stopped going to MyNews.
These old men and old women goes instead to 7Eleven to buy
1) Newspaper
2) Bread
3) Biscuits
4) etc high margin goods
so 7Eleven got free gift from MyNews. ha ha ha
MyNews now very ultra losses hyper sad super desperate started selling newspapers again.
Question is does these Hundreds of thousands of old men and old women know that MyNews started selling newspapers?
my conclusion from above stupeeeed episode is that the CEO is an amateur tak pigi sekolah one loh.
1 month ago
https://malaysiadateline.com/pekerja-7-eleven-cuci-microwave-guna-mop-lantai-warganet-beri-amaran-tempat-goreng-kentang-m-juga-kotor/
Always remember this!
1 month ago
its relevance
these old men and old women dun know how to use microwave
older generation
they dunno mop news also. its internet news
:)
life is not fair but thats life
:)
1 month ago
those holding SEM share, better swap to MyNews cos after the microwave floor mop incident in January, sales in SEM have dropped drastically
1 month ago
SEM profit down. QL's FM profit also drop. Both came to the same conclusion. myNews wont be too far off. Get ready for a surprise.
4 weeks ago
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