Posted by DannyArcher > 2021-03-16 13:05 | Report Abuse

April 1st, CentrePoint 1U.

Posted by julieyeh > 2021-03-16 14:33 | Report Abuse

Lock in some profit 1st. Yummy.

Posted by vinc3nt > 2021-03-16 17:50 | Report Abuse

april fool!! CU in 2022 hhaha

Posted by MoneyShow3 > 2021-03-17 08:58 | Report Abuse

Uptrend intact, js like QL moved after the first family mart store... CU at $1.50....Annyeong Haseyo... Fly fly...

Posted by WiseEye > 2021-03-17 15:05 | Report Abuse

Another sterling performer of recovery play. But with that being said, the price is still significantly lower than where it should be. Look at AEON, Airasia, Genting, etc, all which have recovered close to pre-Covid prices. Mynews is still so much lower than it used to be. It has a lot more room to climb.

Posted by Valgrovest > 2021-03-17 15:45 | Report Abuse

Seems road block with huge volume of sellers.

Posted by notailcatt0 > 2021-03-17 17:22 | Report Abuse

long term still a good counter

Posted by MoneyShow3 > 2021-03-17 22:08 | Report Abuse

Momentum building up, and it's gonna remain strong with more marketing campaigns in April for CU... Indeed lagging and used to be trading at double today's prices... CU at rm1.50

Posted by Keyman188 > 2021-03-17 22:09 | Report Abuse

Congratulations for all loyalty investors...

Keyman188 always like to say...."Time Will Tell You The Truth".....


wkwkwk...kekeke...

Posted by bose00 > 2021-03-19 17:55 | Report Abuse

This morning-noon , washing machine..

Posted by bose00 > 2021-03-19 17:56 | Report Abuse

Next mon fly high2

Posted by MoneyShow3 > 2021-03-21 01:38 | Report Abuse

AGM nx week, its gonna burst high... CU at 1.50....loading up for the show from Monday..

Posted by Azfah92 > 2021-03-22 12:47 | Report Abuse

TP 1.5 short term, too good to ignore retail counter!

Posted by Choivo Capital > 2021-03-22 16:06 | Report Abuse

investment banks and funds waking up d.

Posted by MorningGlory123 > 2021-03-22 16:08 | Report Abuse

Share price is apparently overheated, RSI indicator by 82%

Correction is coming

Posted by Valgrovest > 2021-03-22 16:39 | Report Abuse

Ha ha ...hard to say and a difficult decision whether to take profit now. Problem is after selling and thinking of buying back cheaper, the share price continue to rocket up.

Posted by Valgrovest > 2021-03-22 16:44 | Report Abuse

Looks like can go higher...

Posted by MoneyShow3 > 2021-03-22 17:05 | Report Abuse

https://www.klsescreener.com/v2/news/view/805367

Tp 1.24


But for me I CU at rm1.50...

Posted by godhand > 2021-03-22 17:36 | Report Abuse

Choivo Capital investment banks and funds waking up d.

more like they have finish accumulating from small fishes

Posted by Nepo > 2021-03-22 19:45 | Report Abuse

It is time for big fish to eat small fish..
It is time to do RUG PULL..

Posted by Sunyata > 2021-03-22 20:17 | Report Abuse

Heard winds saying big drop upon QR release, meh... Let's ignore

Posted by MoneyShow3 > 2021-03-23 00:11 | Report Abuse

I also hope it was a month ago where can buy cheaper.. And hoping for drop to eat more but unfortunately the train is moving... Its just like QL during the launch of family mart.... Keep moving till 2.5x the price.... CU at rm1.50

Posted by godhand > 2021-03-23 08:34 | Report Abuse

if buy at 60c,70c,80c,90c can get 1 fold return s still hope can buy cheaper? it means u dont know the value of this company

Posted by notailcatt0 > 2021-03-23 11:19 | Report Abuse

still uptrend.
waiting retrace to topup again

Posted by Valgrovest > 2021-03-23 15:08 | Report Abuse

going higher and higher .....V power !

Posted by charliie > 2021-03-23 15:13 | Report Abuse

Play that song again...... Pumping and Dumping.... So beware of biggest fish with Biggest hook and sinker

Posted by Valgrovest > 2021-03-23 15:16 | Report Abuse

I think for this counter not likely pumping and dumping.....volume so small

Posted by WiseEye > 2021-03-23 16:54 | Report Abuse

Should have bought more but I guess I have missed the train. To continue to monitor closely for any correction.

Posted by Nepo > 2021-03-23 19:01 | Report Abuse

Me too.
Miss the boat..
Hopefully huge correction coming after agm

Posted by godhand > 2021-03-23 20:41 | Report Abuse

Nepo Me too.
Miss the boat..
Hopefully huge correction coming after agm

slowly wait

Posted by WiseEye > 2021-03-23 23:53 | Report Abuse

definitely will collect more if it falls back to 0.70. sometimes healthy adjustments are necessary

Posted by MoneyShow3 > 2021-03-24 00:17 | Report Abuse

Seems to be well supported at this level and there could be a boost up. It seems cheap relatively to the buy call... Still more than 40% upside

Posted by Jolly > 2021-03-24 12:41 | Report Abuse

May I know when is the AGM ?

Posted by Nepo > 2021-03-24 19:35 | Report Abuse

Tomorrow (25 March 2021) AGM

Posted by Hafid > 2021-03-25 06:47 | Report Abuse

THE Minority Shareholders Watch Group (MSWG) is seeking feedback MYNews Holdings Bhd at its forthcoming annual general meeting (AGM) with regard to its expansion strategy amid the ongoing COVID-19 health crisis.

MSWG has expressed concern that MYNews had 46 stores closed down in FY2020 compared to 17 stores in FY2019.

“What are the reasons for closing so many stores?” asked the shareholder activism group.

MYNews will hold its virtual AGM on March 25 (Thursday) at 10am from its headquarters in Kota Damansara, Selangor.

MYNews has emphasised in its Annual Report 2020 that the prospect of the group hinges on the roll-out of higher store count, increasing the number of its Maru Kafe concept outlets and effective utilisation of its food processing centre (FPC).

In a related development, MSWG also queried MYNews on the utilisation rate of its FPC which has been non-performing and contributed a loss of RM12.4 mil to the group in FY2020.

“When does the company expect to turnaround FPC to achieve a breakeven point for capacity utilisation?” asked the shareholder activism group.

Elsewhere, MSWG also probed CAB Cakaran Corporation Bhd, an integrated poultry farming and food processing player, on efforts undertaken to recover the group’s allowance for impairment losses on trade receivables which rose to RM21.29 mil in FY2020 (2019: RM19.58 mil).

“What is the probability of recovering the impaired amount?” asked the shareholder activism group. “To-date, how much of the impaired trade receivables have been recovered?”

Cab Cakaran will be convening its AGM on March 25 (Thursday) at 10.30am at its headquarters in Seberang Jaya Industrial Park, Penang.

Also of interest to MSWG, is flour miller Lotus KFM Bhd’s (LKFM) three share sale agreements to acquire the entire equity interest in three companies whose principal activities are logging and trading in timber logs for RM3.7 mil cash.

“What are the company’s plan for this land?” asked the shareholder activism group.

The proposed acquisition would give LKFM the rights to over 1,744.5 acres of plantation land in Kelantan.

The company will stage its AGM on March 22 at 11am at the Palm Garden Golf Club in Putrajaya. – March 19, 2021

Posted by value investor > 2021-03-25 11:45 | Report Abuse

I think the business model of myNEWS is very simple, btw they are planning to open 100 store based on the management team said in AGM.

CU open 30-50 store (from mgmt team), myNEWS SUPERVALUE open 15store more( from mgmt team), and myNEWS maybe open 35-55 store in FYE2021 (from my estimation)

and the CAPEX for open store is 500 thousand and they allocated 50m in 2021.

the FPC will share among all the store including the CU and myNEWS.

myNEWS and CU will not open together but maybe open closely. From my view of this point CU and myNEWS is targeting different customer so this is no conflict by opening store nearby

the reason that why mgmt team decided to close so many store in 2020 due to the performance of the store is not good.

Btw from my view of this AGM there are no surprising information in this AGM. All the information can found online and done by own homework...

Posted by Nepo > 2021-03-25 12:22 | Report Abuse

Thanks@value investor

Posted by value investor > 2021-03-25 13:28 | Report Abuse

zzprozaz

mgmt team didnt mention actual rate, but they mention during MCO is below 30%, after MCO is over 30% only...

break-even maybe will take 2 yrs times... pls consider this problem when you calculate the actual value of the company

Posted by value investor > 2021-03-25 14:43 | Report Abuse

didnt mention at all... I think this kind of business model for shareholder which is only need to hold and wait hahaha waiting the true value come... now share price for me also undervalue as I mention here during 15/3/2021

Posted by Keyman188 > 2021-03-25 16:01 | Report Abuse

Keyman188 had sold all...

Already too high sight...

Switching to other potential growth...

Posted by Keyman188 > 2021-03-25 16:22 | Report Abuse

Keyman188 like Mynews because already partnership with C U store (Korean convenient store)...

But unfortunately latest result definitely will be not so nice because the C U store not yet fully installed...

2ndly recent few week unstoppable flying sky without proper correction...

Keyman188 has been monitoring this stock since last year from 0.900 ~ 0.950 all the way down to below 60 cents due to MCO time impact...

Definitely Keyman188 will collect back once the share price shall be normalized...

Posted by WiseEye > 2021-03-25 17:01 | Report Abuse

no chance to collect cheap at all. yesterday drop only a few cents at intra low, today it goes up again.

Posted by Choivo Capital > 2021-03-25 18:14 | Report Abuse

This company is quite linked to how restrictive travelling is. So i expected a loss. To be fair, the impact of the restriction is higher than what i expect.

Having said that, as the restrictions loosen continually moving forward, along with the news of the vaccine and the first CU store opening 1 April, and more to come during the year. Im quite ok with the company.

Posted by Jjkcl > 2021-03-25 18:22 | Report Abuse

Qr out loss 9m

Posted by AngryBird > 2021-03-25 18:43 | Report Abuse

QR released = no point to hold, will be out tmr

Revenue decreased quite a lot

Posted by WiseEye > 2021-03-25 18:50 | Report Abuse

Does that mean 2mr is the best time to accummulate with people panic selling during Opening?

I'm surprised the loss in their Q1 report did not deter Mynews to open more CU stores.

But I guess, Choivo could be right. There is only gonna be up now since Covid cases are reducing and vaccines are available. It just can't be worse than 3 months ago.

Airasia is making even steeper losses and their share price still moves up. Interesting now, the stock market is pricing at 1 year ahead.

Posted by Choivo Capital > 2021-03-25 19:16 | Report Abuse

I think we need to note a few things.

No 1, has there been alot of retailer interest in this stock? Look at the comments at I3, just us few people keep comment only. I dont think so.

So where is the interest coming, well, its the fund houses. Aberdeen is the most obvious one, and their research is flowing out.

No 2, This quarter, basically the entire quarter kena MCO/CMCO, so revenue and profit down. Now, despite bad results, stock price every day up. Why is this the case, i dont believe the fund houses dont have lubang to know if earnings good or bad.

Chances are market is pricing in the future, which is vaccine, less movement controls and CU store.

You want to buy Family Mart now, you need to pay 70PE and also buy a whole chicken business. You want to buy SEM,, go pay 50 PE bah. You want buy Mynews and CU, less than 20 times normalized earnings.

I'm ok, ill hold and wait. See everyone on 1 April at the new CU store in centrepoint.

Posted by Keyman188 > 2021-03-25 20:07 | Report Abuse

MyNews Holdings sinks into the red in 1Q with RM8.94m net loss

(theedgemarkets.com / March 25, 2021 19:22 pm +08)


## https://www.theedgemarkets.com/article/mynews-holdings-sinks-red-1q-rm894m-net-loss


Lol...lucky Keyman188 sold all Mynews today...

Worse quarterly result since 2016 listed at Bursa Malaysia...

But anyway, longer term Keyman188 perceives very bright if C U store can performance...


CHEERS...



Posted by Keyman188 > Mar 25, 2021 4:01 PM | Report Abuse X

Keyman188 had sold all...

Already too high sight...

Switching to other potential growth...

Posted by WiseEye > 2021-03-25 20:12 | Report Abuse

Good point Choivo, but I’ll wait for the deep price correction after several days, probably end of next week and to take advantage of the panic selling

Posted by godhand > 2021-03-25 20:42 | Report Abuse

Keyman188 MyNews Holdings sinks into the red in 1Q with RM8.94m net loss

(theedgemarkets.com / March 25, 2021 19:22 pm +08)

bro ur as short sighted as my baby penis