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
Corporate Figure or Shareholder
| Name | Role |
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Discussions
1 person likes this. Showing 50 of 1,689 comments
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
Mynews
Price 43 cents
Tp below 30 cents
1/9/2022 7.15pm
Base on market pattern.
2022-10-01 19:14
most of institutional substantial shs are ceasing their holdings, run lo. before it touches 30c
2022-10-07 17:01
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
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
2 months ago
Revenue per store will beat analyst estimates in the next 2 quarters moving forward FY2023
1 month ago
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
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
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
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
@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
@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
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
@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
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
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
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
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
I disagree, i3 has faster information and better access to technicals. Telegram group is a hive mind.
1 week ago
You just need to know which profile to follow on i3 and avoid profiles like rr88 and Calvintaneng
1 week ago
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https://www.theedgemarkets.com/article/mynews-reports-reduced-3q-loss-instore-sales-improve-after-economys-reopening
2022-09-28 09:04