KLSE (MYR): HEXRTL (7202)
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Last Price
0.51
Today's Change
+0.03 (6.25%)
Day's Change
0.49 - 0.525
Trading Volume
1,155,700
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@theshoot, ok ok we wait for the official announcement. I hear from industry players too haha
1 month ago
From 6 Feb until now, I dont believe that anyone would take 6 months to negotiate a F&B franchise. Makes sense?
1 month ago
However, my source tells me it's Luckin but we will have to wait. Please enlighten.
1 month ago
@theshoot, if you look at 6 Feb announcement, Circular 1 page 12. You will notice that the company has set up 20 F&B shell companies for the proposed diversification. None of those names I am able to link / relate to Luckin. Example of the incorporated companies are Fresh Palate, Mingle Hub, Flavora Sdn Bhd etc. Hence, I believe the original intention of diversification was to bring in other F&B ventures / self build brands.
1 month ago
However, along the way they somehow manage to talk to Luckin and now will drop all other F&B ideas? Please enlighten if you think my thoughts make sense. Thanks bro
1 month ago
Otherwise, why incorporated 20 different F&B shell companies for food and also drinks nature? hmmm
1 month ago
Goldman, they want to be big, not only Luckin. But luckin is more promising one. 6 month make sense, it's not a simple deal, a lot of things need to be in place and agreed.
1 month ago
@theshoot, ok sir. Are you well versed in the F&B space? Cotti coffee doesn't look so promising. Hope that Luckin will be better
1 month ago
Yes Luckin very promising. With tens of billion sales worldwide, they will somehow make an impact
1 month ago
I am in the industry as well and it is said that its Luckin Coffee, also heard the LOI is to be signed by the mid of this month.
1 month ago
There will also be another coffee player coming in this year which is EDIYA Coffee from Korea
1 month ago
Hi Westeros, thanks for the updates. What's your take on EDIYA Coffee? Do you think will give Zus a run for their money?
1 month ago
Hi goldmanbull, Yes I feel EDIYA will give ZUS a run for their money and why I say this is because I think they will aim for the malay segment of customers as the malay's tend to like anything that's Korean. As such if they play their marketing game well it may work very much their way.
1 month ago
There's many reasons why boss will sell but there is only ONE reason why boss will buy haha
1 month ago
Yup by right the agreement should have been inked....so now just wait for the news
1 month ago
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3 weeks ago
goldmanbull
Waiting for my coffee.....
1 month ago