Posted by wallstreetrookie > 2021-08-18 10:12 | Report Abuse

Rakuten just dumping on retail investors every where.

Posted by MoneyShow3 > 2021-08-22 01:54 | Report Abuse

No dumping, in fact very thin selling volume, can't buy enough, else it'll move up too quickly... Think most investors are buying to keep.
CU at rm2

Posted by Bgt 9963 > 2021-08-22 11:45 |

Post removed.Why?

Posted by profitgrow > 2021-08-23 10:33 | Report Abuse

looks like this BN ruling can push stock higher more than PH ruling.... Everytime Anwar have news and make headline... Stock will drop...

Posted by wallstreetrookie > 2021-08-23 15:16 | Report Abuse

MyNews to hit RM1.00 as a result of the renewed vigour for economic reopening as political stability is restored. Analysts believe that the worst is over for Malaysia and most emerging markets.

Posted by millionology > 2021-08-23 17:38 | Report Abuse

RM1 only? lol

Posted by MoneyShow3 > 2021-08-23 21:06 | Report Abuse

Buy a bit jumped already... If buy 100k, can move 10sen...hahahha....no one want to sell, all waiting for 1.50 and beyond.. CU at 1.50

Posted by profitgrow > 2021-08-24 16:28 | Report Abuse

still cheap now

Posted by bose00 > 2021-08-24 21:27 | Report Abuse

CU @1.50

Posted by MoneyShow3 > 2021-08-25 00:20 | Report Abuse

CU at 1.50, looks like soon, hope they at least get to 20+ CU outlets... Studying family mart for so long and managed to shift the fan base...

https://youtu.be/TiXAk6WL4nQ

Posted by Bgt 9963 > 2021-08-25 08:50 |

Post removed.Why?

Posted by shiby > 2021-08-25 11:40 | Report Abuse

yes.maintain price above rm1.strong buyer while others holding.hopefully price will slowly move up

Posted by xiaoGinna6969 > 2021-08-26 10:24 | Report Abuse

Tried CU, it's not a good konbini.

Posted by profitgrow > 2021-08-26 10:28 | Report Abuse

dont sell. if u wanna sell... sell higher price and queue higher
help us move the price up

Posted by profitgrow > 2021-08-26 12:06 | Report Abuse

this stock is 50% upside potentil. by end of this year. Congraz to all the early shareholder.

Posted by MoneyShow3 > 2021-08-27 01:44 | Report Abuse

CU @1.50..buy and keep, once they hit 50 stores by end q1 and the vision to open 500 CU stores, this stock is worth close to rm4... Why?

500cu stores, assume on avg and blended profit for each store is just 15k per mth or 180k per year..(rm90m) . Divided by 682m shares x PE25... Simple math.
Not even considering the current mynews outlets. Don't forget retail habits have shifted, ppl aware of the need for clean and quick meals with convince.
2 years of tuning consumer behaviour with MBO and grab food... Etc.

Trend shifting to the likes of tw, kr, jp where CU, FM, 7-11 are profitable...

Posted by Bgt 9963 > 2021-08-27 08:59 |

Post removed.Why?

Posted by MiaoMiao7 > 2021-08-30 01:21 | Report Abuse

https://www.thestar.com.my/news/nation/2021/08/29/pm-klang-valley-may-move-to-nrps-phase-two-as-895-of-adult-population-received-second-vaccine-dose

Posted by SongYau9 > 2021-09-04 21:21 | Report Abuse

500CU but MYNEWS must close half else no use

Posted by Foker_the_2nd > 2021-09-06 00:22 | Report Abuse

Be careful of Mynews. Highly speculative to assume CU will succeed. Family mart is a very rare success in Malaysia. Many have failed where setting up retail chains are concerned.

Posted by Foker_the_2nd > 2021-09-06 00:23 | Report Abuse

MYNEWS is also not backed by strong financials like Family Mart. If the breakeven takes longer to achieve, very likely there will be share raising exercise to bolster its balance sheet which is a major negative to current shareholders who are already paying 30x earnings for mediocre business

Posted by Foker_the_2nd > 2021-09-06 00:27 | Report Abuse

Management cannot open aggressively like Family Mart either because if they fail they will go bankrupt. Risk management means they have to open slowly which is a major disadvantage to MYNEWS when family mart is opening at breakneck pace + newcomers have time to set up. Family mart has a huge advantage over CU. If you look at the Japanese and Korean market, there is only one konbini franchise brand that exist. This means in any geographical market there can only fit one konbini franchise. This is because the overhead cost for konbinis are significantly higher and marketing cost can be a long drag.

Posted by Foker_the_2nd > 2021-09-06 00:30 | Report Abuse

MYNEWS is not fit to compete with Family Mart. I am very concern with MYNEWS, just my opinion. So far, japanese food is much more favoured by Malaysians than Korean food. That is another reason why i said too many people are too careless in assessing the future of CU. That includes many so called value investors who think they are getting a bargaining without having complete and objective view of the situation.

Posted by Foker_the_2nd > 2021-09-06 00:34 | Report Abuse

I will also remind people during this time, very hard to get workers because of labour shortage. Time is of essence. We need to expand quickly in a short span so Family Mart doesn't book all the highly profitable locations. But alot of things is against CU. It may sound very trivial, but this is a very critical factor. Speed to market is the critical success factor which many analsyts and investors seem to ignore.

Posted by millionology > 2021-09-07 10:56 | Report Abuse

1) why would someone who is so kind come to a thread and purposely advising people don't buy ? Because he want the price to drop.

2) i accept great analysis and it help me to make inform decision. However, I don't find any concrete facts is provided. Malaysian love Japanese foods than Korean foods is not true. Unless you can provide a reliable market research report with good figure showing Malaysian dislike Korean Foods.

3) the ONLY 1 konbini is not true as well

Posted by millionology > 2021-09-07 14:56 | Report Abuse

He wrote an article [MYNEWS] Convenience Store Business or Advertising Business? --> i just couldn't understand from the figure how the advertising revenue is the major source of income? isaw advertising revenue consist of 21.5% , 28% and 24.9% for 2013,2014,2015.

And now is 2021 already. i am studying the latest Annual report, didn't see any highlight on they are relying heavily on advertising revenue.

i feel the article quite malicious.

Posted by Foker_the_2nd > 2021-09-07 16:52 | Report Abuse

You're better off investing in tech than mynews

Posted by Foker_the_2nd > 2021-09-07 16:54 | Report Abuse

Millionology, I don't want to reply to you because I don't take noob retail investor seriously. I know a few retailers who are very good in company analysis. You're not one of them. You seem very blur and not able to understand simple concepts. Work on your ability to conceptualize first, then maybe I will debate you.

Posted by millionology > 2021-09-07 17:21 | Report Abuse

Yes i admit i am noob.i am still learning. Can other investors here explain to me what you understand of what he wrote? i am not debating here as i only own small portion of MyNews. i am learning

Posted by DickyMe > 2021-09-07 17:23 |

Post removed.Why?

Posted by millionology > 2021-09-07 17:24 | Report Abuse

why he attacked me saying i am noob instead of providing more facts that i am requesting..... >.<

Posted by profitgrow > 2021-09-08 08:37 | Report Abuse

yes, mynews financial track record is bad.

Posted by Keyman188 > 2021-09-08 09:14 | Report Abuse

This co. already incurred 5 consecutive quarterly losses...

Every quarter incurred losses become more serious...

Last time this stock is part of Keyman188's darling but after Keyman188 sold all during Mar'21 then only look see look see...

Totally no improvement...

This month another bleeding quarterly report coming out...

Aiyo...Keyman188 really forgotten...

Last time Keyman188 recall...there was 1 fellow "Choivo Capital" keep on promoting but now disappear or MIA !!!...


Adui...Kesian for those listened to this fellow...

Posted by DickyMe > 2021-09-08 16:49 |

Post removed.Why?

Posted by Foker_the_2nd > 2021-09-08 18:34 | Report Abuse

Let's see what Choivo says. He seems to be in an echochamber wih his fantastic stories. His stock stories are so captivating and ingenuous, so simple and it almost seems like he made sense of the whole situation, he may have managed to deceived himself.

Posted by MoneyShow3 > 2021-09-12 23:25 | Report Abuse

Anyone knw how many CU outlets are opened now? Shld take que form the upcoming QR... In 2 weeks I guess??

Posted by profitgrow > 2021-09-13 12:53 | Report Abuse

if not mistaken QR is bad, better sell now

Posted by profitgrow > 2021-09-13 13:03 | Report Abuse

Sell now... QR is bad... run before too late

Posted by millionology > 2021-09-13 15:31 | Report Abuse

This world is full of so many kind people

Posted by profitgrow > 2021-09-14 15:51 | Report Abuse

bad Quarter report ahead.. dont be trap.

Posted by wallstreetrookie > 2021-09-14 16:10 | Report Abuse

Really? I thought this is a good reopening trade.

Posted by wallstreetrookie > 2021-09-14 16:10 | Report Abuse

Source?

Posted by akuantiguru > 2021-09-15 15:52 | Report Abuse

Confirm bad QR.
Keep burning money

Posted by Hafid > 2021-09-19 20:18 | Report Abuse

Yeap really had qr and increase in debt and central kitchen problem...

Posted by profitgrow > 2021-09-20 09:25 | Report Abuse

this stock is cancer

Posted by Hafid > 2021-09-21 06:09 | Report Abuse

Below rm0. is the safer bet

Posted by freddiehero > 2021-09-21 08:55 | Report Abuse

many steadylily..

Posted by profitgrow > 2021-09-22 10:42 | Report Abuse

sell

Posted by Foker > 2021-09-22 16:52 | Report Abuse

Will consider buy only if reach RM 0.30. Very dire times ahead for mynews.

Posted by millionology > 2021-09-23 00:35 | Report Abuse

Those who cut loss , curse the stocks , those who waiting to buy, spread whatever news they can. Those who holding a lot, also spread news. This is the nature of stock market.