Volume started to rise, good indicator

Volume traded suddenly touched ~10mil :)

Under the Short-Term Economic Recovery Plan (Penjana), the government announced several tax incentives, including the RPGT exemption granted to Malaysian citizens upon disposal of a residential property from June 1, 2020-December 31, 2021.

Additionally, Bank Negara Malaysia’s cumulative reduction of the overnight policy rate (OPR) to a historical low of 1.75 per cent would reduce effective interest rates for home loans from majority of banks to about three per cent, depending on the loan amount.

On another note, PropertyGuru ― Southeast Asia’s property technology company, would be hosting the Asia Virtual Property Expo (AVPE), the largest multi-market virtual property expo from November 11-December 12, 2020.

The month-long virtual expo would leverage the group's regional presence to showcase over 300 projects from across 10 countries, namely Singapore, Malaysia, Indonesia, Thailand, Vietnam, Cambodia, the Philippines, Myanmar, Australia and the United Kingdom (UK).

Fernandez said the AVPE allows house buyers and investors to view local and international properties and connect with property developers in real-time from the comfort of their homes.

“Property seekers will be able to navigate the virtual booths and explore some of the best projects available,” he said, adding that the expo would also be showcasing 80 projects from Malaysia.

$$$$$$$$$$$

Meanwhile, Fernandez said that according to the PropertyGuru Malaysia Consumer Sentiment Survey, 81 per cent of Malaysians still want to own a home by the end of 2021

Takda kesabaran tak boleh tunggu rugi lah :)

Grab from desperate traders at fire sale price? :)

**AmInvest thinks mynews dah undervaluedkah? :)

MyNews Holdings - Korean Covenience Stores Popping In
Date: 13/10/2020

Source : AmInvest
Stock : MYNEWS Price Target : 0.62 | Price Call : HOLD
Last Price : 0.57 | Upside/Downside : +0.05 (8.77%)

Back

Investment Highlights
We maintain our HOLD call on Mynews Holdings (Mynews) with a slightly higher fair value of RM0.62 (previously RM0.60). Our valuation is based on 21x FY21F EPS, which is at a discount of the average historical PE of 29x to reflect the weak prospect arising from the Covid-19 pandemic.
Mynews has announced that its wholly-owned subsidiary MYCU Retail Sdn Bhd has executed a licensing agreement with BGF Retail Co Ltd (BGF).
We think that the new venture bodes well for the group in the long term as it is expected to help improve the capacity utilisation of Mynews’ food processing centre (FPC). However, we believe the full-blown positive effect will only be felt from FY22F onwards as economies recover from the Covid-19 impact.
Moving forward, we think Mynews’ 4QFY20 earnings performance will be negatively impacted by the CMCO (conditional MCO) in Selangor, KL and Putrajaya from 14 to 27 October 2020. We believe this will further drive down its FPC utilisation rate in the near future.
We expect earnings recovery to come in from FY21F onwards with a PATAMI of RM20mil. We have assumed a higher number of store openings of 140 (vs. 90 previously) as well as a recovery in sales and margins in FY21F.
We have lowered earnings estimates for FY20E to a net loss of RM0.3mil (net profit of RM2.9mil previously) but raised our earnings estimates for FY21F and FY22F by 2% and 8% respectively.
The key takeaways from the special investors briefing call are as follows:

BGF is South Korea's biggest convenience store operator and owner of the convenience store brand CU. CU is one of the leading convenience store brands with more than 15,000 stores in South Korea.

The licence is for operating and sub-franchising of CU outlets in Malaysia for a duration of 10 years with an additional renewal term of 10 years.

By adding CU to the existing retail brands namely, Mynews, WH Smith and Mynews SuperValue, the group is offering Malaysians a new choice and shopping experience from South Korea.

Mynews targets to open 30–50 stores in 2021 starting from early 2021. This is on top of the initial plan of 100 new Mynews stores in 2021F.

The addition of CU will open up new growth opportunities and enhance the group's capabilities to meet consumers' demand. It is expected to increase the utilisation of the group's FPC.

Mynews plans to open up around 500 CU stores in five years. The capex for CU stores will be around RM400K per store, roughly 10% cheaper compared with that of Mynews’ own stores. The group has allocated around RM40mil for this new venture in the next two years.

The group is aiming for a payback period of less than two years for the new CU stores (lower than the payback of roughly three years for Mynews stores with Maru Kafe).

The group is not expecting the new CU stores to cannibalize Mynews’ stores as they cater to different target markets. The CU store will focus more on F&B due to its exclusive Korean food offerings. The basket size for a CU store is expected to be more than RM10, higher than that of Mynews stores’ pre-Covid-19 level of RM7.

The group expects the FPC to reach its breakeven point of 70% by end-2021F. Currently, the FPC is running at a utilisation rate of 33% due to the negative impact of Covid-19 pandemic.
Source: AmInvest Research - 13 Oct 2020

Volum makin Menurun, ramai tak sanggup jual pada harga lelong dah :)


Date Close Volume
11/11/2020 0.565 695,500
10/11/2020 0.57 1,747,300
09/11/2020 0.56 348,300
06/11/2020 0.56 362,800
05/11/2020 0.56 408,100
04/11/2020 0.555 366,500
03/11/2020 0.56 219,100
02/11/2020 0.56 272,700
30/10/2020 0.555 795,500
28/10/2020 0.57 305,600
27/10/2020 0.575 175,500
26/10/2020 0.57 733,400
23/10/2020 0.575 1,798,300
22/10/2020 0.585 801,200
21/10/2020 0.595 1,463,300
20/10/2020 0.605 2,309,100
19/10/2020 0.615 2,378,400
16/10/2020 0.61 4,496,800
15/10/2020 0.60 3,430,100

LIST OF THIRTY (30) LARGEST SECURITIES ACCOUNT HOLDERS AS PER THE RECORD OF DEPOSITORS
No.
Name of Shareholder
No. of Shares Held
% of Issued Share Capital
1 Regent Wise Investments Limited
2 Regent Wise Investments Limited
3 CGS-CIMB Nominees (Asing) Sdn Bhd
- Pledged Securities Account for Regent Wise Investments Limited
4 CIMSEC Nominees (Tempatan) Sdn Bhd
- CIMB Bank for Tan Sri Dato’ Sri Goh Ming Choon (PBCL-0G0264)
5 Goh Meng Keong
6 Maybank Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Dato’ Sri Tong Seech Wi
7 CIMSEC Nominees (Tempatan) Sdn Bhd - CIMB for Ng Lee Ling (PB)
8 CIMSEC Nominees (Tempatan) Sdn Bhd
- CIMB for Lai Ming Chun @ Lai Poh Lin (PB)
9 Gan Jin Wei
10 Citigroup Nominees (Tempatan) Sdn Bhd - Urusharta Jamaah Sdn Bhd (Franklin 1)
11 Maybank Nominees (Tempatan) Sdn Bhd - Linbaq Holding Sdn. Bhd.
12 CGS-CIMB Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Rickoh Corporation Sdn Bhd (MY0507)
13 Alliancegroup Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Koh Kin Lip (7003423)
14 RHB Capital Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Susy Ding (CEB)
15 Citigroup Nominees (Tempatan) Sdn Bhd - Exempt An for AIA Bhd.
16 Susy Ding
17 HLB Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Wong Yee Hui
18 CGS-CIMB Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Loong Ding Tong (MY3120)
439,809,059 295,277,782 230,115,574
66,700,000
48,667,000 42,776,425
25,050,000 22,340,790
20,847,900 12,712,382
11,666,667
7,134,000
7,125,000
7,000,000
6,962,500
6,700,000 5,500,000
5,260,000
0.36

19 On Thiam Chai
20 Ung Yoke Hong
21 Yong Choo Kiong
22 47 Capital Sdn Bhd
23 Wan Yu Jin
24 RHB Nominees (Tempatan) Sdn Bhd
- Amara Investment Management Sdn Bhd for Wong Yee Hui
25 Lee Eng Hock & Co. Sendirian Berhad
26 Maybank Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Ng Beng Hoo
27 Wong Kia Hong
28 Tan Eng Hsien
29 Goh Meng Keong
30 Kenanga Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Yen Soon Ai
3,500,000 0.24 3,000,000 0.21 3,000,000 0.21
2,400,000 0.16 2,200,000 0.15 2,036,000 0.14
2,000,000 0.14 2,000,000 0.14
1,900,000 0.13 1,500,800 0.10 1,500,000 0.10 1,500,000 0.10
SUBSTANTIAL SHAREHOLDERS AS PER THE REGISTER OF SUBSTANTIAL SHAREHOLDERS
1 Regent Wise Investments Limited 965,202,415 66.246 - -
2 Ayala Land, Inc.(1) - - 965,202,415 66.246
Note:
Deemed interested in the shares held by Regent Wise Investments Limited pursuant to Section 8(4) of the Companies Act, 2016.
No.
Name of Substantial Shareholders
No. of Shares Held
Direct Interest
%
Indirect Interest
%
(1)
DIRECTORS’ SHAREHOLDINGS AS PER THE REGISTER OF DIRECTORS’ SHAREHOLDINGS
No.
Name of Directors
Direct Interest
Indirect Interest
No. of Shares
% of Shares
No. of Shares
% of Shares
1. Tan Sri Dato’ Sri Abi Musa Asa’ari Bin Mohamed Nor
2. Tan Sri Dato’ Hj. Abd Karim Bin Shaikh Munisar
3. Lao Chok Keang
4. Bernard Vincent Olmedo Dy
5. Anna Maria Margarita Bautista Dy
6. Ma. Luisa Dioquino Chiong
7. Teh Heng Chong
8. Apollo Bello Tanco
- - - - - - - - - - - - - - - -
- -
- -
- -
- -
- -
- -
- -
- -

These foreign funds dumped aeon but invested more n more in mynews... change in demography + pandemic + lesser disposable income = potential for mynews :)


AEON Shareholding Changes

Date of change Shares Director/
Substantial Shareholder
28 Oct 2020 Disposed
516,300 Standard Life Aberdeen Plc And Its Subsidiaries
28 Oct 2020 Disposed
516,300 Aberdeen Asset Management Plc
27 Oct 2020 Disposed
267,700 Aberdeen Asset Management Plc
27 Oct 2020 Disposed
267,700 Standard Life Aberdeen Plc And Its Subsidiaries
26 Oct 2020 Disposed
431,200 Aberdeen Asset Management Plc
26 Oct 2020 Disposed
431,200 Standard Life Aberdeen Plc And Its Subsidiaries
23 Oct 2020 Disposed
135,500 Standard Life Aberdeen Plc And Its Subsidiaries
23 Oct 2020 Disposed
135,500 Aberdeen Asset Management Plc
22 Oct 2020 Disposed
3,133,800 Standard Life Aberdeen Plc And Its Subsidiaries
22 Oct 2020 Disposed
3,133,800 Aberdeen Asset

$$$$$$$$$¥¥¥¥¥¥¥$$$$$$€€€€€€$
MYNEWS Shareholding Changes

Date of change Shares Director/
Substantial Shareholder
20 Oct 2020 Acquired
632,900 Employees Provident Fund Board
20 Oct 2020 Acquired
1,080,300 Standard Life Aberdeen Plc And Its Subsidiaries ("together "the Group")
20 Oct 2020 Acquired
1,080,300 Aberdeen Asset Management Plc
20 Oct 2020 Acquired
1,080,300 Aberdeen Standard Investments (malaysia) Sdn Bhd
19 Oct 2020 Acquired
111,200 Employees Provident Fund Board
19 Oct 2020 Acquired
189,900 Standard Life Aberdeen Plc And Its Subsidiaries ("together "the Group")
19 Oct 2020 Acquired
189,900 Aberdeen Asset Management Plc
19 Oct 2020 Acquired
189,900 Aberdeen Standard Investments (malaysia) Sdn Bhd
15 Oct 2020 Acquired
585,900 Employees Provident Fund Board
15 Oct 2020 Acquired
1,000,000 Aberdeen Asset Management Plc

15 Oct 2020 Acquired
1,000,000 Standard Life Aberdeen Plc And Its Subsidiaries ("together "the Group")
15 Oct 2020 Acquired
1,000,000 Aberdeen Standard Investments (malaysia) Sdn Bhd
14 Oct 2020 Acquired
94,000 Employees Provident Fund Board
14 Oct 2020 Acquired
160,500 Aberdeen Asset Management Plc
14 Oct 2020 Acquired
160,500 Standard Life Aberdeen Plc And Its Subsidiaries ("together "the Group")
14 Oct 2020 Acquired
160,500 Aberdeen Standard Investments (malaysia) Sdn Bhd
13 Oct 2020 Acquired
1,429,000 Employees Provident Fund Board
13 Oct 2020 Acquired
34,509,000 Standard Life Aberdeen Plc And Its Subsidiaries (together "the Group")
13 Oct 2020 Acquired
34,509,000 Aberdeen Asset Management Plc
13 Oct 2020 Acquired
34,509,000 Aberdeen Standard Investments (malaysia) Sdn Bhd

Park here with epf and foreign funds :)

Penny stocks pun Ada blue chip? Mct milik Ayala bukan? :)

A profitable Q3 will boost the share price :) release soon

Epf n foreign funds invested in mynews, good, safer investment unlike unknown penny stocks :)

Almost 7x oversubscribed during io at rm1.10 previously


Bison Consolidated's IPO shares oversubscribed by the ...
16 Mar 2016 — KUALA LUMPUR: MyNEWS.com chain store operator Bison Consolidated Bhd's initial public offering ...
Imagethemalaysianreserve.com › bison-ip...
Bison IPO oversubscribed - The Malaysian Reserve
3 Apr 2017 — Bison Consolidated Bhd's initial public offering (IPO) of 15.5 million shares was oversubscribed by 6.94 ...

Foreign funds dah buat study on mynews .. increase its stake in stages aggressively

Kenanga Research said smaller companies, namely MCT Bhd (which has a market capitalisation of RM262.3mil), SHL CONSOLIDATED BHD (RM460mil), MUI Properties Bhd (RM133.4mil) and KSL Holdings Bhd (RM569.6mil) could be potential take-private targets.

“Based on our anecdotal study, based on PBV multiple and balance sheet strength, we conjecture that MCT (current price of 18 sen against a net cash per share of 32 sen), SHL Consolidated (RM1.90 against RM1.56), MUI Properties (18 sen against 11 sen) and KSL Holdings (56 sen against 25 sen) could be potential take-private targets.”

Separately, the research house said it is reaffirming an ‘overweight’ call on the property sector based on valuation grounds.

The MSCI Asean Index has surged 14% in an eight-day winning streak, almost double the 7.4% rally in the MSCI Asia Pacific Index over the same period.

SINGAPORE: Southeast Asian stocks, hit particularly hard by the shutdown of tourism and other service industries, are making a comeback as optimism grows over a return to travel.

The MSCI Asean Index has surged 14% in an eight-day winning streak, almost double the 7.4% rally in the MSCI Asia Pacific Index over the same period. At its highest since March, the gauge of Southeast Asian shares has narrowed the gap with its peers but still remains down about 14% for the year. The broader Asian gauge is up 8%.

Investors are jumping on Southeast Asian stocks as part of a global rotation into value and out of growth sectors after positive results from a Pfizer Inc. vaccine boosted sentiment.

Governments across the region are looking to ease social distancing measures, with Singapore and Hong Kong announcing Wednesday they will start an air travel bubble replacing quarantine with Covid-19 testing from Nov. 22.

"The vaccine news opens up sectors under great stress like airlines and hotels, ” Leon Goldfeld, head of multi-asset solutions for Asia Pacific at JPMorgan Asset Management, said in a press briefing Wednesday, speaking about the wider trend. "What we’ve seen is a massive rotation in the market from growth to value.”

The value rotation will likely last three to six months and has "some room to run, ” he added.

Asean Activity

The "stars are aligning” for a resurgence in Southeast Asian stocks, amid signs that earnings have bottomed out, according to Devendra Joshi, a strategist at HSBC Holdings Plc. The bank is overweight shares from Indonesia, Singapore and Thailand.

"Activity in Asean has picked up considerably since the trough, as indicated by manufacturing PMIs and mobility, ” Joshi wrote in a Tuesday note. With about a third of companies having reported earnings so far, 60% have met or exceeded expectations, a higher proportion than the first two quarters of the year, he said.

Thai Demand

The Thai market, hit especially hard due to the downturn in tourism and the widespread protests over the monarchy, is starting to attract interest from overseas investors again.

Foreign buyers piled a net more than $600 million into Thai stocks on Tuesday, the biggest purchase in 10 years, as the benchmark SET Index jumped the most since April.

Analysts at Credit Suisse Group AG have raised their rating for Thai stocks to overweight, thanks to progress on the coronavirus vaccine.

Missed Rallies

For UBS Group AG strategist Niall MacLeod, Southeast Asian stocks are finally reacting to the potential for a vaccine, after missing out on past rallies on the theme. That increases the possibility that at the very least they can outperform larger peers like China.

"It might still be too early to call for a rotation where Southeast Asia leads the overall market, ” he wrote in a note with colleagues Wednesday. "Nevertheless, the relative valuation and outperformance year-to-date suggest China and Taiwan could underperform the region on better vaccine news and broader opening up of the global economy." - Bloomberg

The MSCI Asean Index has surged 14% in an eight-day winning streak, almost double the 7.4% rally in the MSCI Asia Pacific Index over the same period.

SINGAPORE: Southeast Asian stocks, hit particularly hard by the shutdown of tourism and other service industries, are making a comeback as optimism grows over a return to travel.

The MSCI Asean Index has surged 14% in an eight-day winning streak, almost double the 7.4% rally in the MSCI Asia Pacific Index over the same period. At its highest since March, the gauge of Southeast Asian shares has narrowed the gap with its peers but still remains down about 14% for the year. The broader Asian gauge is up 8%.

Investors are jumping on Southeast Asian stocks as part of a global rotation into value and out of growth sectors after positive results from a Pfizer Inc. vaccine boosted sentiment.

Governments across the region are looking to ease social distancing measures, with Singapore and Hong Kong announcing Wednesday they will start an air travel bubble replacing quarantine with Covid-19 testing from Nov. 22.

"The vaccine news opens up sectors under great stress like airlines and hotels, ” Leon Goldfeld, head of multi-asset solutions for Asia Pacific at JPMorgan Asset Management, said in a press briefing Wednesday, speaking about the wider trend. "What we’ve seen is a massive rotation in the market from growth to value.”

The value rotation will likely last three to six months and has "some room to run, ” he added.

Asean Activity

The "stars are aligning” for a resurgence in Southeast Asian stocks, amid signs that earnings have bottomed out, according to Devendra Joshi, a strategist at HSBC Holdings Plc. The bank is overweight shares from Indonesia, Singapore and Thailand.

"Activity in Asean has picked up considerably since the trough, as indicated by manufacturing PMIs and mobility, ” Joshi wrote in a Tuesday note. With about a third of companies having reported earnings so far, 60% have met or exceeded expectations, a higher proportion than the first two quarters of the year, he said.

Thai Demand

The Thai market, hit especially hard due to the downturn in tourism and the widespread protests over the monarchy, is starting to attract interest from overseas investors again.

Foreign buyers piled a net more than $600 million into Thai stocks on Tuesday, the biggest purchase in 10 years, as the benchmark SET Index jumped the most since April.

Analysts at Credit Suisse Group AG have raised their rating for Thai stocks to overweight, thanks to progress on the coronavirus vaccine.

Missed Rallies

For UBS Group AG strategist Niall MacLeod, Southeast Asian stocks are finally reacting to the potential for a vaccine, after missing out on past rallies on the theme. That increases the possibility that at the very least they can outperform larger peers like China.

"It might still be too early to call for a rotation where Southeast Asia leads the overall market, ” he wrote in a note with colleagues Wednesday. "Nevertheless, the relative valuation and outperformance year-to-date suggest China and Taiwan could underperform the region on better vaccine news and broader opening up of the global economy." - Bloomberg

Rugi lagi? :)


SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2020


INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2020
30 Sep 2019
30 Sep 2020
30 Sep 2019
$$'000
$$'000
$$'000
$$'000
1 Revenue
162,669
185,613
454,709
407,874
2 Profit/(loss) before tax
-7,582
4,851
-56,103
-19,893
3 Profit/(loss) for the period
-7,749
3,901
-56,333
-21,795
4 Profit/(loss) attributable to ordinary equity holders of the parent
-6,809
5,604
-52,865
-17,591
5 Basic earnings/(loss) per share (Subunit)
-0.70
0.60
-5.30
-1.90
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.3600
0.2800

:)


Date Close Volume
11/11/2020 0.565 695,500
10/11/2020 0.57 1,747,300
09/11/2020 0.56 348,300
06/11/2020 0.56 362,800
05/11/2020 0.56 408,100
04/11/2020 0.555 366,500
03/11/2020 0.56 219,100
02/11/2020 0.56 272,700
30/10/2020 0.555 795,500
28/10/2020 0.57 305,600
27/10/2020 0.575 175,500
26/10/2020 0.57 733,400
23/10/2020 0.575 1,798,300
22/10/2020 0.585 801,200
21/10/2020 0.595 1,463,300
20/10/2020 0.605 2,309,100
19/10/2020 0.615 2,378,400
16/10/2020 0.61 4,496,800
15/10/2020 0.60 3,430,100

Foreign funds punya stake pun naik :)


Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

MYNEWS HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name STANDARD LIFE ABERDEEN PLC AND ITS SUBSIDIARIES ("TOGETHER "THE GROUP")
Address 1 GEORGE STREET, EDINBURGH
EH2 2LL
UNITED KINGDOM
United Kingdom.
Company No. SC286832
Nationality/Country of incorporation United Kingdom
Descriptions (Class) ORDINARY SHARES
Details of changes

No Date of change
No of securities
Type of Transaction Nature of Interest
1 20 Oct 2020
1,080,300
Acquired Deemed Interest
Name of registered holder CITIBANK BERHAD
Address of registered holder 165 JALAN AMPANG, MENARA CITIBANK, 50450 KUALA LUMPUR
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of ordinary shares by the registered holder who is a custodian appointed by one or more funds managed by one or more subsidiaries of Standard Life Aberdeen plc ("SLA plc"). SLA plc is deemed interested by virtue of its shareholding in its subsidiaries pursuant to Section 8(4)(c) of the Companies Act 2016
Nature of interest Deemed Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 36,939,700
Indirect/deemed interest (%) 5.415
Total no of securities after change 36,939,700
Date of notice 21 Oct 2020
Date notice received by Listed Issuer

Epf ‘s stake


Circumstances by reason of which change has occurred Acquisition of Shares
Nature of interest Direct Interest
Direct (units) 45,409,200
Direct (%) 6.657
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 45,409,200
Date of notice 21 Oct 2020
Date notice received by Listed Issuer 23 Oct 2020


Announcement Info
Company Name MYNEWS HOLDINGS BERHAD
Stock Name MYNEWS
Date Announced 23 Oct 2020
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-23102020-00040

Ringgit is strengthening againt the USD *******

Hedging loss can become gain pulak later :)


This was primarily due to the booking of cash flow hedge resulting in some RM20.73 million of losses

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2020


INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2020
30 Jun 2019
30 Jun 2020
30 Jun 2019
$$'000
$$'000
$$'000
$$'000
1 Revenue
59,358
107,165
111,177
209,566
2 Profit/(loss) before tax
-15,088
3,898
-21,056
10,695
3 Profit/(loss) for the period
-16,592
2,753
-17,236
8,442

Mct is expected to report profit for Q3,2020. The first half of 2020, actually mct was ~ breakeven, the RM20mil loss was due to hedging, ringgit has strengthened against USD, the loss could become gain too.

So, expecting a profitable Q3 to drive the share price higher probably :)

Targeting younger consumers
CU will be positioned within younger-aged consumers to tap into rising popularity of Korean culture in Malaysia. Hence, CU’s product mix will be skewed towards F&B products and we believe that initial store openings will be centred around Klang Valley and within school/university districts, or residential areas. MNHB plans to open 30-50 CU stores within its first year with a long term target of 500 stores in 5 years (in addition to existing Mynews store opening plans) through a combination of MNHB- owned and sub-franchise stores. Payback period is expected to be 2-3 years/store with its first store targeted to be opened in 1QCY21.

I rasa ia akan back to ipo price next year probably :p

Value investing, ayala punya mct bukan? :p

Value emerges, EPF, Foreign funds are grabbing, anda? :) even lower than MCO in march 2020, fire sake price ? :)


Date Price Open High Low Vol. Change %
Nov, 2020 0.570 0.555 0.595 0.555 695.50K 2.70%
Oct, 2020 0.555 0.610 0.720 0.545 81.85M -9.02%
Sep, 2020 0.610 0.600 0.645 0.555 18.04M 1.67%
Aug, 2020 0.600 0.685 0.690 0.590 11.49M -11.76%
Jul, 2020 0.680 0.700 0.755 0.680 12.21M 0.00%
Jun, 2020 0.680 0.805 0.825 0.680 13.98M -15.53%
May, 2020 0.805 0.870 0.920 0.800 6.60M -6.94%
Apr, 2020 0.865 0.650 0.960 0.630 13.58M 34.11%
Mar, 2020 0.645 0.850 0.875 0.575 16.80M -24.56%
Feb, 2020 0.855 0.870 1.020 0.795 33.50M -1.72%
Jan, 2020 0.870 1.110 1.110 0.860 23.13M -22.32%
Dec, 2019 1.120 1.220 1.240 1.060 9.63M -8.20%
Nov, 2019 1.220 1.330 1.330 1.220 5.08M -8.27%
Oct, 2019 1.330 1.350 1.380 1.320 1.62M -1.48%
Sep, 2019 1.350 1.350 1.420 1.330 2.37M -2.17%
Aug, 2019 1.380 1.440 1.470 1.380 3.86M -4.83%
Jul, 2019 1.450 1.400 1.490 1.350 7.28M 7.41%
Jun, 2019 1.350 1.360 1.390 1.320 4.21M -1.46%
May, 2019 1.370 1.420 1.430 1.350 5.38M -3.52%
Apr, 2019 1.420 1.370 1.430 1.350 6.08M 3.65%
Mar, 2019 1.370 1.360 1.400 1.330 5.69M 0.74%
Feb, 2019 1.360 1.360 1.410 1.350 13.18M -0.73%
Jan, 2019 1.370 1.490 1.500 1.330 4.44M -8.67%
Dec, 2018 1.500 1.500 1.520 1.400 7.41M 0.00%
Highest: 1.520 Lowest: 0.545 Difference: 0.975 Average: 1.055 Change %: -62.000

Economic of scales to attain cost leadership to beat 7-11, family mart, etc. That is WHY Foreign funds are grabbing mynews shares and EPF too. Mynews will be the recovery play anytime probably.

Be happy that u able to buy mynews at About 50% discount of its ipo price , Cheers!


MyNews is bringing popular South Korean brand CU to Malaysia's shores. It signed a licensing agreement with BGF Retail Co Ltd, which runs the CU line of convenience stores.

MyNews plans to open 500 CU outlets in Malaysia within five years, with the first set of stores set to open in 2021

Economic of scales to attain cost leadership to beat 7-11, family mart, etc. That is what Foreign funds are grabbing mynews shares and EPF too. Mynews will be the recovery play anytime probably.

Be happy that u able to buy mynews at About 50% discount of its ipo price , Cheers!


MyNews is bringing popular South Korean brand CU to Malaysia's shores. It signed a licensing agreement with BGF Retail Co Ltd, which runs the CU line of convenience stores.

MyNews plans to open 500 CU outlets in Malaysia within five years, with the first set of stores set to open in 2021

吉隆坡30日讯）新闻控股（MYNEWS,5275,主板消费产品服务组）宣布，零售业务首席执行员郑大文将转任集团副首席执行员，从11月1日起生效。

根据文告，随着郑大文转任集团副首席执行员，其零售业务首席执行员职缺将由刘翠云（音译）填补。现年49岁的刘翠云，拥有丰富的零售经验，并从2019年9月起开始为新闻控股提供谘询服务，主攻商业策略和程序合理化环节。

[Registration No. 200401006297 (644800-X)]
Unaudited Condensed Consolidated Statements of Cash Flows For the Period Ended 30 June 2020
Cash flows from financing activities
Proceeds from right issue
Proceeds from Warrants C conversion Interest paid
Net (repayments)/drawdown of finance
lease payables
Repayment of term loans
Net cash from/(used in) financing activities Effects of exchange rate changes on
cash and cash equivalents
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents brought forward Cash and cash equivalents carried forward
Represented by:-
Placement of deposits with bank Cash and bank balances
Bank overdraft
Less: Deposits pledged with bank
Current Year To-Date
Preceding Year Corresponding Period 30.06.2019
(Unaudited) RM'000
(38)
2
(235)
885 650
102
945 (295) 752 (102) 650

AT SYSTEMATIZATION BERHAD
[Registration No. 200401006297 (644800-X)]
Unaudited Condensed Consolidated Statements of Comprehensive Income For the Period Ended 30 June 2020
30.06.2020 RM '000
5,055 (4,647)
408 357
(3,987) (9)
(3,996)
(3,231) (93)
(3,324) -
(3,324)
(3,324) -
(3,324)
(0.36)
(0.36)
30.06.2020 RM '000
5,055 (4,647)
408 357
(3,987) (9)
(3,996)
(3,231) (93)
(3,324) -
(3,324)
(3,324) -
(3,324)
(0.36)
(0.36)
Revenue Cost of sales
Gross profit/(loss)
Other income
Administrative and general expenses
Selling and distribution expenses
(Loss)/Profit from operations
Finance costs
(Loss)/Profit before tax
T axation
(Loss)/Profit for the period
Attributable to:-
Owners of the Company Non-controlling interests
(Loss)/Earnings per share attributable to owners
of the Company (sen)
Individual Quarter 3 Months Ended
30.06.2019 RM '000
3,619 (3,640)
(21) 191
(2,063) (1,893) (199) (2,092)
- (2,092)
(2,057) (35) (2,092)
Cumulative Quarter 3 Months Ended
30.06.2019 RM '000
3,619 (3,640)
(21)
191
(2,063)
(1,893)
(199)
(2,092)
-
(2,092)
(2,057) (35) (2,092)
(2,031) (32)
(2,031) (32)
(0.44)
(0.44)
(0.44)
(0.44)

FOR THE PERIOD ENDED 30 JUNE 2020

AT SYSTEMATIZATION BERHAD
[Registration No. 200401006297 (644800-X)]
Unaudited Condensed Consolidated Statements of Financial Position As At 30 June 2020
ASSETS
Non-current assets Property, plant and equipment Right-of-use assets Marketable securities
Current assets
Inventories
Trade receivables
Other receivables, deposits
and prepayments
Tax assets
Cash and bank balances Other investments
TOTAL ASSETS
EQUITY AND LIABILITIES Equity
Share capital
Share option reserve Warrant reserve Revaluation reserve Accumulated losses
Non-controlling interests
Total equity
Liabilities Non-current liabilities Finance lease payables Bank borrowings Deferred tax liabilities
Current liabilities
Trade payables
Other payables & deposits Finance lease payables Bank borrowings
Total liabilities
TOTAL EQUITY AND LIABILITIES
Net assets per share (Sen)
23,784 72,446
9.75
(Unaudited)
(Audited) As At 31.03.2020
RM '000
38,074 19,710 2,133
59,917
12,529 72,446
56,935 - - 1,932
(10,205) 48,662 - 48,662
As At 30.06.2020 RM '000
39,303 19,584 1,067
59,954
2,759 4,743
8,109 87 6,072 15,111
36,881
96,835
77,392 - 14,518 1,932
(13,529)
80,313 -
80,313
2,809 1,006 499
4,314
3,437 7,144 1,297
330
12,208
16,522
96,835
5.36
3,251 4,902
2,899 85 1,392 -
1,984 10,272 499
12,755
5,173 2,879 1,111 1,866
11,029
The Condensed Consolidated Statements of Financial Position should be read in conjunction with the audited financial statements for the financial year ended 31 March 2020 and the accompanying explanatory notes attached to the interim financial report.

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2020


INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2020
30 Jun 2019
30 Jun 2020
30 Jun 2019
$$'000
$$'000
$$'000
$$'000
1 Revenue
5,055
3,619
5,055
3,619
2 Profit/(loss) before tax
-3,324
-2,092
-3,324
-2,092
3 Profit/(loss) for the period
-3,324
-2,092
-3,324
-2,092
4 Profit/(loss) attributable to ordinary equity holders of the parent
-3,324
-2,057
-3,324
-2,057
5 Basic earnings/(loss) per share (Subunit)
-0.36
-0.44
-0.36
-0.44
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.0536

Financial literacy education is important

Financial education is important that schools never teach

Many people will suffer big financial loss without doing due diligence or without financial knowledge but treat share like casino kot:p

Queue to sell start at 1.5sen already so early

Saw sell at 1.5sen more than 10000 lots scary, exodus to minimise loss.

Hope no speculators or traders will commit suicide

Ayala land

2019
Award Giving Body Recognition
Sustainable Business Awards Best Overall Company
Best in Stakeholder Management and Materiality

Special Recognition in United Nations Sustainable Development Goals

Special Recognition in Water Management

Special Recognition in Strategy and Sustainability Management

ASEAN Corporate Governance Scorecard, Institute of Corporate Directors 4-Arrow Awardee (one of only six Philippine companies)
Euromoney Best Property Developer – Philippines
Best in Residential Development

Best in Retail and Shopping Development

Best in Office and Business Development

Best Innovative Green Development

Asiamoney Most Outstanding Company in the Philippines for the Real Estate Sector
ING-FINEX CFO of the Year
7th Annual Corporate Treasurer Awards Asia’s Best CFO
Institutional Investor Magazine Most Honored Company
3rd Best CEO

1st Best CFO

1st Best ESG Reporting

1st Best Corporate Governance

2nd Best IR Company

2nd Best IR Professional

IR Magazine Part of the Global Top 50 Companies for Investor Relations Companies (one of only two Philippines Company)
Part of the Global Top 5 in the Finance and Real Estate Category (the only Philippine Company)

Best Annual Report (ASEAN Large Caps)

Global Good Governance Awards 3G Environmental Sustainability Award
9th Corporate Governance Asia Excellence Awards Best CEO (Investor Relations)
Best CFO (Investor Relations)

Best Investor Relations Company

Best Environmental Responsibility

FinanceAsia 6th Best Managed Company in the Philippines
2nd Best Growth Strategy

4th Best ESG

BCI Asia Top 10 Awards 2019 Top 10 Best Developers
2018
Award Giving Body Recognition
Finance Asia 2nd Best in Investor Relations
4th Most Committed to Corporate Governance

5th Best in Corporate Social Responsibility

8th Best Managed Company

Institutional Investor Most Honored Company (Philippines)
1st Best CFO (Augusto D. Bengzon)

1st Best Investor Relations Program

2nd Best ESG/SRI Metrics

2nd Best Corporate Governance

3rd Best Analysts Days

Frost and Sullivan Philippine Property Development Company of the Year
Asiamoney Most Outstanding Company in the Real Estate Sector
IR Magazine Awards Southeast Asia Best in Sector: Real Estate (Southeast Asia)
Best in Country: Philippines

Best Financial Reporting

Best IR website

ASEAN Corporate Governance Scorecard;
ASEAN Capital Markets Forum

Among the Top 50 Publicly Listed Companies in ASEAN for Corporate Governance
2017
Award Giving Body Recognition
Finance Asia 4th Best Managed Company in the Philippines
3rd Most Committed to Corporate Governance

8th Best at Investor Relations

3rd Best CFO – Jaime E Ysmael

17th FinanceAsia’s Best Companies in Asia Poll

RobecoSAM The Sustainability Yearbook Cited as one of the world’s most sustainable companies
BCI Asia Awards Cited as one of the best developers for 2017
Asia Corporate Excellence and Sustainability Awards (ACES) Most Socially Responsible Company of the Year – Asia
Asiamoney Best Corporate Brand in the Philippines
Philippine Dealing & Exchange Corporation Recognized for SEC shelf registration optimization and innovative Homestarter Bonds
Frost and Sullivan Best Practices Award Company of the Year – Philippine Property Development
World Branding Awards 2017 – 2018 World Branding Forum’s Brand of the Year
The Stevie Awards Gold: Ayala Land Corporate Video “Reshaping Lives with Ayala Land”
Silver: Nuvali Magical Field of Lights (Best Exhibition Display)

Lamundi Philippines Online Survey Best Condo Developer
Developer with Best Amenities

Best Mixed-use Developer for Nuvali

IR Magazine Finalist – Best in Country category
2016
Award Giving Body Recognition
Finance Asia Best Managed Company in the Philippines (2nd)
Best CFO in the Philippines (Jaime Ysmael)

Best in Corporate Social Responsibility

Best in Corporate Governance (2nd)

Best Investor Relations Company (6th)

Corporate Governance Asia Best Environmental Responsibility
Best Investor Relations Company (Philippines)

Asia’s Best CEO (Investore Relations) – Bernard Vincent O. Dy

Asia’s Best CFO (Investore Relations) – Jaime E. Ysmael

Frost and Sullivan Property Development Company of the Year
Institutional Investors’ Governance Awards Plaque of Recognition, one of the Top Publicly-listed Corporations in the Philippines in Corporate Governance
Euromoney Real Estate Survey Overall Best Property Developer
Overall Best Residential Developer

Overall Leisure/Hotel Developer

Overall Best Industrial/Warehouse Developer

Institutional Investor Best CEO, Property Sector (Sell-Side, 1st) – Bernard Vincent O. Dy
Best IR Program, Property Sector (Overall, 1st)

Best CFO, Property Sector )Overall and Sell-Side, 1st) Jaime E. Ysmael

Best IR Program, Property Sector (Overall, 1st)

Best Website, Property Sector (Overall, 1st)

Best Analyst Days, Property Sector (Overall, 1st)

Best IR Professional, Property Sector (No. 2, Sell-Side) – Michael L. Garcia

IR Magazine Awards Southeast Asia 2016 Best

Ayala Land is the largest property developer in the Philippines with a solid track record in developing large-scale, integrated, mixed-use, sustainable estates that are now thriving economic centers in their respective regions.

Following the success of the Makati Central Business District (Makati CBD), Ayala Alabang, Cebu Park District, Bonifacio Global City (BGC), and Nuvali, we continue to increase our footprint by building estates that reach and benefit more people.

With 11,624 hectares in our land bank, 26 estates, and presence in 57 growth centers across the country, we offer a balanced and complementary mix of residential developments, shopping centers, offices, hotels and resorts, and other businesses. Construction and property management services are led by subsidiaries, Makati Development Corporation and Ayala Property Management Corporation, respectively.

We pioneer standards and practices that reflect the value we place on sustainability in all our developments. As a responsible corporate citizen, we act with integrity, foresight and prudence.

Focused on our vision of “enhancing land and enriching lives for more people,” we empower our employees to deliver quality products and services and build long-term value for our shareholders.

Ayala Land, Inc. (ALI) was organized in 1988 when Ayala Corporation decided to spin off its real estate division into an independent subsidiary to enhance management focus on its real estate business. ALI went public in July 1991 when its class “B” common shares were listed both in the Manila and Makati Stock Exchanges. On September 12, 1997, the Securities and Exchange Commission approved the declassification of ALI’s common class “A” and common class “B” shares into common shares.

Products and Business Lines

To carry on its business in an organized and efficient manner, Ayala Land structured its operations into key strategic business lines such as Property Development, Commercial Leasing, Hotels and Resorts and Services.

Property Development

The Residential Business Group handles the sale of high-end residential lots and units (including leisure community developments), office spaces, commercial and industrial lots, middle-income residential lots and units, affordable lot units and house and lot packages, economic housing units and house and lot packages, and socialized housing packages, and the lease of residential units and marketing of residential developments. The products developed and sold are further classified into the following brands: AyalaLand Premier (“ALP”) for high-end village lots and condominium units, Alveo Land Corp. (“Alveo”) for upscale village lots, condominium and office units, Avida Land Corp. (“Avida”) for middle-income village lots, house and lot packages, condominium and office units, Amaia Land Corp. (“Amaia”) for economic house and lot packages, and BellaVita Land Corp. (“BellaVita”) for the socialized house and lot packages.

Strategic Landbank Management and Visayas-Mindanao – acquisition, development and sale of large, mixed-use, masterplanned communities; sale of override units or Ayala Land’s share in properties made available to subsidiaries for development; lease of carparks; development, sale and lease of the Company and subsidiaries’ product offerings in key cities in the Visayas and Mindanao regions.

Commercial Leasing

Shopping Centers – development of shopping centers and lease to third parties of retail space and land therein; operation of movie theaters, food courts, entertainment facilities and carparks in these shopping centers; management and operations of malls which are co-owned with partners.

Office Leasing – development and lease of office buildings and lease of factory buildings.

Hotels and Resorts – development, operation and management of branded and owner-operated hotels; lease of land to hotel tenants; development, operation and management of eco-resorts.

Services

Construction – land development and construction of ALI and third-party projects.

Property Management – facilities management of ALI and third-party projects; operation of water and sewage treatment facilities in some ALI projects;distribution of district cooling systems; bulk purchase and supply of electricity for energy solutions.

In addition to above business lines, Ayala Land also derives other income from its investment activities and sale of non-core assets.

MGO by Ayala was 88sen for mct previously. Now 16.5sen less than 19% of 88sen :)

Another offer coming ? :)

Arbitrage profit for those who sell mother share and buy rights for conversion into ICPS probably :)

Video James ng tentang AT :)

https://youtu.be/Z7PIeue2BHg

AT Share Trade Detail

Share Trade Value (RM) -
Share VWAP (RM) -
4 Weeks Price Range 0.065 - 0.285
4 Weeks Share Change (%) +285.71
Share Avg Volume (4 Weeks) 5,876,178
1 Year Price Range 0.015 - 0.285
1 Year Share Change (%) +260.00
Share Avg Volume (1 Year) 1,282,291

AT Quarter Report History

FY No. Rev PBT PAT EPS YoY
QoQ
Mar21 1 5,055 -3,324 -3,324 -0.36 62%
63%
Mar20 4 5,551 -8,966 -8,966 -1.80 92%
264%
Mar20 3 6,446 -2,465 -2,464 -0.53 3%
32%
Mar20 2 4,154 -1,862 -1,862 -0.40 2124%
9%
Mar20 1 3,619 -2,092 -2,057 -0.44 49%
56%
Mar19 4 4,528 -6,638 -4,664 -1.00 27%
95%
Mar19 3 4,533 -2,420 -2,397 -0.52 151%
2705%
Mar19 2 6,923 27 92 0.02 108%
107%

AT Financial Information

Market Capital (RM) 878.34m
Number of Share 3.253b
EPS (cent)* -0.51
P/E Ratio -
ROE (%) -9.44
Dividend (cent)^ 0.000
TTM Profit Margin (%) -78.4
5y CAGR - Revenue (%) -
3y CAGR - PAT (%) -
Dividend Yield (%) 0.00
Dividend Policy (%) 0
NTA (RM) 0.054
P/B Ratio 5.00
Business+ 0
YoY Score 0
QoQ Score 1

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

Case anzo, AT boleh dijadikan sebagai case study di fakulti kewangan bukan? :)