Posted by nicedurians > 2020-02-27 20:33 | Report Abuse

I think will up only on next qr

Posted by MoneyShow3 > 2020-02-28 21:47 | Report Abuse

85sen seems to be the new bottom and like the last few times it sprung up pretty fast aggressively. This stock is not shy to move up 20% in a day...

Posted by Choivo Capital > 2020-03-05 00:42 | Report Abuse

Bought a bit today.

Posted by MoneyShow3 > 2020-03-05 01:54 | Report Abuse

Nibbling up.. Shld be back to 95 sen Friday...

Posted by nicedurians > 2020-03-05 13:36 | Report Abuse

back down

Posted by nicedurians > 2020-03-05 13:36 | Report Abuse

next qr up

Posted by nicedurians > 2020-03-05 13:37 | Report Abuse

now time to buy in

Posted by MoneyShow3 > 2020-03-06 00:52 | Report Abuse

Collect up back to 1.40....

Posted by RainT > 2020-03-09 14:45 | Report Abuse

mega sales today

Posted by RainT > 2020-03-12 12:00 | Report Abuse

why this MYNEWS no drop above 10% ????

i want collect at lowest

Posted by MoneyShow3 > 2020-03-12 22:15 | Report Abuse

Tesco stores sold to CP grp from Thailand. https://www.thaienquirer.com/9282/cp-group-wins-bid-for-tesco-lotus-in-one-of-thailands-largest-ever-acquisitions/

They have 1900+ stores in thl and want more for msia... ;)... Mynews is interesting for them.usd500m gets them a larger reach...

*fingers crossed*

Posted by Sky Soo > 2020-03-13 09:13 | Report Abuse

Sky Soo Of course, there are many counters on sales. Be prepared for the best.
10/01/2020 5:17 PM
X
Sky Soo This is called systematic risk. The whole market is affected. Those weak counters would temporarily be affected more as volatility increases.
10/01/2020 5:23 PM

Unfortunately, my previous forecast of .60 might come true.

Posted by MoneyShow3 > 2020-03-14 23:30 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/11/18/mynews-plans-aggressive-expansion

Posted by MoneyShow3 > 2020-03-14 23:32 | Report Abuse

Mynews has taken a bearing and priced in the earlier slow down risk. It seems there is more upside from here to double when the correction kicks in. As tested before, it takes 2 days of trade to push this counter to rm1. Accumulate and sit tight for a 1quick recovery

Posted by Sky Soo > 2020-03-16 16:28 | Report Abuse

I don't believe that my original forecast that it will reach .60 came true. Its time to accumulate.

Posted by RainT > 2020-03-16 19:56 | Report Abuse

mega sales again

Posted by MoneyShow3 > 2020-03-17 14:44 | Report Abuse

Mynews will move up. Turn of fortunes with the ready to eat biz - maru cafe alike family mart. I feel so good having the mynews outlet close by esp during these 2 weeks. The pasta, rice bowl and sandwiches are not too bad

Posted by NoHopeMedia > 2020-03-19 23:46 | Report Abuse

Oppppsss.....0.6 reached

Posted by RainT > 2020-03-20 19:44 | Report Abuse

result bad due to loss on FPC

but long term prospect still good?

Posted by Flintstones > 2020-03-21 01:14 | Report Abuse

Mynews butt itchy go and involve themselves in food processing. They should follow SEM in focusing on their retail business only. Each quarter they are losing RM 4m including depreciation from the FPC. Need to sell how many roti bun and oden to cover RM 4m every quarter? It is an uphill battle.

Posted by Flintstones > 2020-03-21 01:15 | Report Abuse

Mynews cannot compete with family mart in the ready to eat business. The cost structure is different. Mynews will get killed from wastage because there is simply not enough demand for their RTE products

Posted by Sky Soo > 2020-03-21 10:35 | Report Abuse

I pity those who have accumulated 500K shares. Its going down to .50 soon.

Posted by RainT > 2020-03-21 13:06 | Report Abuse

i still believe on its FPC long term prospect

all start up will have loss at start but long term will be good

Posted by RainT > 2020-03-21 13:06 | Report Abuse

Monday drop more than time to buy more

Posted by Jeffreyteck > 2020-03-22 12:11 | Report Abuse

First time drop by. TP DY=4.5% under current market conditions. Next results Apr is expected to be worst.

Posted by RainT > 2020-03-22 23:20 | Report Abuse

so don't rush buy more

now is to wait & see

drop more on scoop more

Posted by BullRUN2021 > 2020-03-23 12:07 | Report Abuse

Should drop even more, bull for mynews resume next year

Posted by investmalysia > 2020-03-23 12:46 | Report Abuse

@skysoo, I already sold all when it was around 0.85 to 0.9 with slight profit. Care for yourself if you’re holding

Posted by MoneyShow3 > 2020-03-30 01:44 | Report Abuse

The current situation is supporting mynews RTE segment. I see all the roti habis everyday and noticed foreigners also buying the pasta and cold meals. If last qtr they were at 50% utilization of the RTE segment, am sure they could run higher now.

Posted by giorvana > 2020-03-30 02:02 | Report Abuse

Have you guys not considered mynews businesses are very visitor traffic dependant? Just look at where they were set up and how all these places have been deserted now

Posted by MoneyShow3 > 2020-04-07 01:49 | Report Abuse

Some malls are waiving rentals and even landlords are deferring collection. This situation is a perfect case for mynews management to assess their strategy for expansion. So many options open to them with wide and growing reach, they would go online, expand their ready to eat meals, value add in their stores and perhaps be like mcdees and start investing in retail commercial property. Supply chain cost will drop with lower fuel cost and the expansion of the gig economy. Their stores are flexible to innovate new food trends and incorporate Japanese, Korean, Taiwanese and even Thai concepts. Maybe they shld even consider working with Tony Fernandez's santan cafe for a perfect fit. After all they have the same red and white logo... ;)

Posted by MoneyShow3 > 2020-04-07 01:50 | Report Abuse

*red and white colors in the logo.... Missed the colors... Hahaha

Posted by MoneyShow3 > 2020-04-07 20:57 | Report Abuse

Heading back to rm1 soon

Posted by doll > 2020-04-08 14:42 | Report Abuse

rental doesnt really impact much on the p&l. Only certain places are expensive in price, plus they only need small space for their most of their shoplots. No point keep expanding when your revenue keep increasing but margin keep falling. Things don't look good in management, in short term 2-3 years don't know change how many secretary, and the japanese expat COO also left before the FPC is ready. However, new CFO coming soon...

Posted by MoneyShow3 > 2020-04-09 03:02 | Report Abuse

Maybe with new blood things turn around for everyone. Am bullish and would keep collecting below 85sen. Balance sheet still very strong.

Posted by nicedurians > 2020-04-14 15:35 | Report Abuse

guys any news for the AGM? will it resume after MCO?

Posted by MoneyShow3 > 2020-04-17 13:09 | Report Abuse

Shld be. That's why the price is starting to move up. Back to rm1 soon

Posted by nicedurians > 2020-04-17 17:35 | Report Abuse

yeahhh. time to huat. good thing I averaged down and kept faith in this stock

Posted by MoneyShow3 > 2020-04-17 22:44 | Report Abuse

Charts are strong, I love mynews, it has legs and jumps when it wants to. Break rm1.05, nx 1.18, then 1.3....its only at half 7-11's PE..

Posted by RainT > 2020-04-18 11:55 | Report Abuse

no chance to average down at bottom, share price already up

Posted by Cnlim > 2020-04-18 14:20 | Report Abuse

Haha you have a lots of chance to average down last 3 weeks whether you dare or not

Posted by MoneyShow3 > 2020-04-19 01:19 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/04/18/mynews-aims-for-business-sustainability-amid-mco

Still cheap, it can move back past 1.30 anytime. Been accumulating all the way... :D

Posted by nicedurians > 2020-04-28 11:35 | Report Abuse

sold all. take small profit before crash below 0.8

Posted by MoneyShow3 > 2020-04-29 09:29 | Report Abuse

Time to buy more..

Posted by MoneyShow3 > 2020-04-30 00:40 | Report Abuse

Closer to lifting of the MCO and longer operating hours for mynews. Will start jumping back above rm1 soon

Posted by RainT > 2020-05-03 19:12 | Report Abuse

waiting to crash below 80 sen to buy more

Posted by doll > 2020-05-05 13:05 | Report Abuse

waiting for announcement for retired cfo replacement. how does a company operate without cfo? especially during this mco environment? No proper planning, when u know your cfo is retiring but replacement not ready

Posted by nicedurians > 2020-05-05 19:14 | Report Abuse

probably they're trying to poach other company CFO

Posted by MoneyShow3 > 2020-05-06 11:26 | Report Abuse

RM 90sen, then 1.10 and 1.30 soon. Just like hexza... ;)

Posted by MoneyShow3 > 2020-05-12 00:30 | Report Abuse

Nx hurdle 1.10, 1.32 and 1.65... Mynews outlets picking up biz during the CMCO.