KLSE (MYR): HEXRTL (7202)
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Last Price
0.70
Today's Change
+0.025 (3.70%)
Day's Change
0.665 - 0.71
Trading Volume
2,590,400
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@theshoot, ok ok we wait for the official announcement. I hear from industry players too haha
1 week ago
From 6 Feb until now, I dont believe that anyone would take 6 months to negotiate a F&B franchise. Makes sense?
1 week ago
However, my source tells me it's Luckin but we will have to wait. Please enlighten.
1 week 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 week 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 week ago
Otherwise, why incorporated 20 different F&B shell companies for food and also drinks nature? hmmm
1 week 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 week 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 week ago
Yes Luckin very promising. With tens of billion sales worldwide, they will somehow make an impact
1 week 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 week ago
There will also be another coffee player coming in this year which is EDIYA Coffee from Korea
1 week 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 week 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 week ago
There's many reasons why boss will sell but there is only ONE reason why boss will buy haha
4 days ago
Yup by right the agreement should have been inked....so now just wait for the news
1 day ago
jenson68
Retest the new high !! Gogogo
3 weeks ago