Posted by EngCCCC > 2020-08-09 21:47 | Report Abuse

@ ugeshnair83 What is happening to MYNEWS? Should I keep or let go
18/07/2020 10:01 AM

EngCCCC Today most shares are up. This Mynews really gone case. On the way to down trend.
16/06/2020 4:19 PM

Before you ask I already gave warning. Good luck to your decision. Anyway I not guru.

Posted by MoneyShow3 > 2020-08-11 00:47 | Report Abuse

Oversold... Today with slight volume it spiked to 67sen. Test the buyer que, not much. Anytime now it'll spike back to 85sen

Posted by MoneyShow3 > 2020-08-11 22:33 | Report Abuse

Today another good day, very few sellers. Low resistance and ready to move... They may test for another day or two and then it takes off

Posted by MRuzaini > 2020-08-12 06:29 | Report Abuse

can cip in..TA double bottom..should rebound

Posted by MoneyShow3 > 2020-08-12 16:19 | Report Abuse

Holding firm ready to spring up...

Posted by Choivo Capital > 2020-09-02 09:58 | Report Abuse

whacked some.

Posted by RainT > 2020-09-12 21:29 | Report Abuse

@CHOIVO

this one can buy ?

their profit margin super low

seem dont have competitive advantage

Posted by RainT > 2020-09-13 08:29 | Report Abuse

@moneyshow3

What change is coming to MYNEWS company ?

Mind to elaborate more ?

Posted by James Ng > 2020-09-16 08:26 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-09-16-story-h1513522940.jsp
[转贴] [MYNEWS HOLDINGS BHD：政府自2020年3月18日起实施MCO，临时关闭了选定地点的30％的门店以及仍在营业的门店的日销售量下降，对业绩造成了不利影响] - James的股票投资James Share Investing

Posted by Jeffreyteck > 2020-09-28 08:39 | Report Abuse

Prospect is dim, mco is just a convenient excuse. Industry landscape changed, other then certain strategic locations where no other players exist, it can survive. The rest are facing competition where it has no advantages at all.

Posted by RainT > 2020-09-29 21:29 | Report Abuse

Bad result

Posted by DannyArcher > 2020-09-29 22:18 | Report Abuse

FamilyMart is eating MyNews and 7-Eleven.

Posted by Jeffreyteck > 2020-09-30 14:15 | Report Abuse

Analysts lower target prices for MyNews as it continues to see losses... listen to analysts most probably loss more. Lol.

Posted by Jnlee > 2020-10-09 09:33 | Report Abuse

any news?

Posted by youngmaninvesting > 2020-10-09 18:29 | Report Abuse

SUSPENSION OF SECURITIES
MYNEWS HOLDINGS BERHAD

Type Announcement
Subject SUSPENSION OF SECURITIES
Description REQUEST FOR SUSPENSION
The Board of Directors of Mynews Holdings Bhd. ("MYNEWS") wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved the request for suspension in the trading of MYNEWS’ units with effect from 9.00 a.m. until 12.30 p.m., Monday, 12 October 2020 pending the release of a material announcement.



The request for suspension is made under subparagraph 3.1(c) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Securities.



This announcement is dated 9 October 2020.

Posted by youngmaninvesting > 2020-10-09 18:30 | Report Abuse

but any news?

Posted by i3lurker > 2020-10-09 18:30 | Report Abuse

is MyNews gonna takeover Petronas?

Posted by zonedfler > 2020-10-09 18:45 | Report Abuse

Takeover offer? Let’s see on Monday. Tibe2 got movement today

Posted by ihopeicanpredict > 2020-10-09 19:15 | Report Abuse

Any news why this suspension ? good or bad

Posted by MoneyShow3 > 2020-10-09 20:54 | Report Abuse

If its a strategic partnership with a jp or Korean Co the price could move past 1. 20 fast. There were parties eying mynews if they had 1000+ stores and even could be valued higher if there is more reach.

Don't forget if my DIY can be valued so high... My news can't be worth RM 1.50?

Posted by vxpoison > 2020-10-09 21:16 | Report Abuse

Korean oppa joining mynews...

Posted by MoneyShow3 > 2020-10-10 10:17 | Report Abuse

If Korean oppa then better... Korean emart segment doing super good., they will launch a rapid expansion. Mynews will fly again... Bbb

Posted by DreamCustodian > 2020-10-10 13:46 | Report Abuse

Waah

Posted by DreamCustodian > 2020-10-10 13:46 | Report Abuse

Up 10.74%!

Posted by DreamCustodian > 2020-10-10 13:47 | Report Abuse

Sudah kuat juga tuhhh

Posted by DreamCustodian > 2020-10-10 13:47 | Report Abuse

Sudah dkt2 turbo grade juga tuhhh

Posted by DreamCustodian > 2020-10-10 13:48 | Report Abuse

Got what story behind one aah

Posted by DreamCustodian > 2020-10-10 13:48 | Report Abuse

Anyone can share kah

Posted by DreamCustodian > 2020-10-10 13:48 | Report Abuse

Very good

Posted by DreamCustodian > 2020-10-10 13:49 | Report Abuse

Excellent

Posted by DreamCustodian > 2020-10-10 13:49 | Report Abuse

Well done

Posted by DreamCustodian > 2020-10-10 13:49 | Report Abuse

Congratulations

Posted by DreamCustodian > 2020-10-10 13:49 | Report Abuse

Keep surging

Posted by DreamCustodian > 2020-10-10 13:49 | Report Abuse

Good luck

Posted by Miz Raya Bloom > 2020-10-11 10:39 |

Post removed.Why?

Posted by anthonytkh > 2020-10-11 14:17 | Report Abuse

Dunno whether you guys hv noticed that KWAP had kept selling until ceased to be substl shareholder while EPF hv kept mopping up shares since March (I only checked as far back as Mar) w/o even selling once

Posted by MoneyShow3 > 2020-10-11 22:36 | Report Abuse

Epf is a better investor, they are accumulating. Once a new investor and partner is in am sure epf will take a more strategic position.

Limit up tmrw...

Posted by tokohM > 2020-10-12 09:09 | Report Abuse

CU Mart become strategic partner of Mynews want to challenge QL Resource's FamilyMart monopoly position

Posted by bizzybone > 2020-10-12 10:28 | Report Abuse

Announcement out. CU Mart.

Should be interesting.

Posted by amateurJR > 2020-10-12 10:39 | Report Abuse

Korean vs Japan Mart. Haha

Posted by amateurJR > 2020-10-12 10:39 | Report Abuse

Ingat ada merger news

Posted by youngmaninvesting > 2020-10-12 10:43 | Report Abuse

OTHERS MYNEWS HOLDINGS BHD (MYNEWS) MYNEWS HOLDINGS BHD TO DEVELOP AND OPERATE SOUTH KOREAN CU CONVENIENCE STORES IN MALAYSIA
MYNEWS HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description MYNEWS HOLDINGS BHD (MYNEWS)

MYNEWS HOLDINGS BHD TO DEVELOP AND OPERATE SOUTH KOREAN CU CONVENIENCE STORES IN MALAYSIA
The Board of Directors of MYNEWS ("Board") wishes to announce that the Company via its wholly owned subsidiary, MYCU Retail Sdn Bhd (formerly known as Eemerge Incorporated Sdn Bhd)(628407-U)(“MYCU Retail”), has on 12 October 2020, executed the licensing agreement(“Licensing”) with BGF Retail Co., Ltd (“BGF”), South Korea’s biggest convenience store operator and owner of the popular convenience store brand CU.



BGF founded and established the “Korean Style Convenience Store” model that fits the domestic consumption patterns in 2012 and has continued innovations to enhance the quality of customers’ living by bringing new and pleasant experience to customers through the products and services customised to consumers’ lifestyle. Thus, the brand CU representing CVS for U.



CU, one of the leading convenience store brands with more than 15,000 stores in South Korea is expected to be opened in Malaysia in early 2021.



The salient points of Licensing are as follows:

Ten (10) years with an additional renewal term of ten (10) years
To operate and sub-franchise CU outlets in Malaysia
By adding CU to our existing retail brands namely, MYNEWS, WH Smith and MYNEWS SuperValue, we are offering Malaysians a new choice and shopping experience from South Korea, which is in line with our core business and passion in retail convenience. The addition of CU will open up new growth opportunities and enhance our capability to meet consumers’ demand. It will also increase the utilisation of our large scale food processing centre as CU is a popular destination for its fresh food offerings.

Posted by anthonytkh > 2020-10-12 12:09 | Report Abuse

It’s a great move. Couldn’t have been easy for Dang to get this for Malaysia

Posted by hendrycheah > 2020-10-12 12:29 | Report Abuse

then how about mynews outlet? all change to CU?

Posted by super_newbie > 2020-10-12 12:33 | Report Abuse

too much convenience store.

Posted by anthonytkh > 2020-10-12 12:44 | Report Abuse

There are too many hypermarkets actually. And they will dwindle down in size (sales-per-squarefeet margins). Personally I prefer to buy stuff fr convenience stores due to, well, convenience. I’m not the type to that says “That store sells at RM1. The other store sells at RM0.99” :)

Posted by Pershing > 2020-10-12 13:46 | Report Abuse

Would be better to convert existing mynews than to invest all over again for another 500 new CU outlets. Mynews losing due to less cigarette ( people move to vape) and nobody buy magazines anymore. Others profuct margin not so lucrative. Should focus on fresh food .

Posted by SteadyNerves > 2020-10-12 14:47 | Report Abuse

The best thing about this is that the Food Processing unit now will be fully utilised.
The existing Mynews business can then be revalued at RM1.20, plus new CU business up to you to assign own value lor

Posted by High5 > 2020-10-12 14:57 | Report Abuse

No.mkt maker great news also no use...

Posted by DannyArcher > 2020-10-12 15:30 | Report Abuse

This means myNEWS have to pump in money for 3 to 4 years before they see a profit. so, dont expect them to report good earnings for the next 3 to 4 years, that is if they are able to make CU work in Malaysia.