MYNEWS HOLDINGS BERHAD

KLSE (MYR): MYNEWS (5275)

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Last Price

0.625

Today's Change

-0.005 (0.79%)

Day's Change

0.625 - 0.63

Trading Volume

338,400


1 person likes this.

1,888 comment(s). Last comment by UnicornP 23 hours ago

Posted by coolwind123 > 2016-07-01 13:45 | Report Abuse

Does mynew shop available on the new LRT line? any1 went those stations before?

omgimnoob

514 posts

Posted by omgimnoob > 2016-07-01 19:44 | Report Abuse

Myanmar is a very huge market, high potential, Myanmar will be the next China in a short period of time. As for Msia market, its no surprise, slow market. But in this slow market, small ticket items are more sellable than big ticket items ie. properties, cars. Just my 2cents.

omgimnoob

514 posts

Posted by omgimnoob > 2016-07-14 00:06 | Report Abuse

Good synergy with Otaru, keep on growing. :)

mamatede

3,950 posts

Posted by mamatede > 2016-07-14 16:15 | Report Abuse

The next boom !

Posted by sunwukong1 > 2016-07-14 16:29 | Report Abuse

Last day before dividend. Yeay! Got it for cheap

Posted by rockerzz > 2016-07-14 16:38 | Report Abuse

No lah chciken feet only, sunwukong. Me buy only cos its undervalued and I see Q3 results to be good. Otaru good bue. HUAT AHHH

Posted by rockerzz > 2016-07-14 16:50 | Report Abuse

Go go go!!!

Posted by waliaoeh > 2016-07-14 16:58 | Report Abuse

Who the fish go buy at 1.48. Damn you. Damn you all!!!

mamatede

3,950 posts

Posted by mamatede > 2016-07-14 21:17 | Report Abuse

this type of wave pattern like Suncon when it at 1.4 before reach 1.6 now

mamatede

3,950 posts

Posted by mamatede > 2016-07-26 10:02 | Report Abuse

if it can close at 1.55 it will be amazing ^^

omgimnoob

514 posts

Posted by omgimnoob > 2016-07-26 18:12 | Report Abuse

Slowly, ppl still not yet discover this counter. It's still hidden.

IPO_lover

21 posts

Posted by IPO_lover > 2016-08-16 19:08 | Report Abuse

bought today at RM 1.55. Can earn money?

Pavillion

3,100 posts

Posted by Pavillion > 2016-08-16 20:54 | Report Abuse

Creador collecting. BOAM !

mamatede

3,950 posts

Posted by mamatede > 2016-08-17 08:06 | Report Abuse

As expected, now to 1.68

mamatede

3,950 posts

Posted by mamatede > 2016-08-17 13:17 | Report Abuse

Yeah.. trending upward to next target..

horseshoe

22 posts

Posted by horseshoe > 2016-08-19 13:42 | Report Abuse

Maybanks's Tp 1.82

mamatede

3,950 posts

Posted by mamatede > 2016-09-05 11:40 | Report Abuse

This counter need more liquidity..cant wait for quarter results..

Pavillion

3,100 posts

Posted by Pavillion > 2016-09-05 15:31 | Report Abuse

Keep accumulates.

Contender

523 posts

Posted by Contender > 2016-09-05 15:33 | Report Abuse

CIMB removed Bison from their top pick list and replaced it with DRB Hicom

Pavillion

3,100 posts

Posted by Pavillion > 2016-09-05 15:40 | Report Abuse

U can't buy and sell much. Brilliant !

mamatede

3,950 posts

Posted by mamatede > 2016-09-09 10:21 | Report Abuse

hope today can break 1.68 and announce quarter results soon with dividend like SEM

mamatede

3,950 posts

Posted by mamatede > 2016-09-21 07:30 | Report Abuse

http://www.klsescreener.com/v2/news/view/128327, managing director of bison Dang Tai Luk is giving talk in iinvestor thingy forum, must be confident/good company business to give talk there

Piggybank

132 posts

Posted by Piggybank > 2016-09-21 16:20 | Report Abuse

We initiate coverage of Bison Consolidated Berhad, a retail convenience store company, with a Buy rating and a TP of MYR2.25 based on 27x FY17F P/E. We like the stock for three key reasons:

We like the retail convenience store (CVS) space in Malaysia, as we think that this sub-sector has more room for growth, mainly due to: 1) stores per million people are still 5-15% / >60% underpenetrated versus regional / global peers (Fig. 21), and 2) fast-growing average sales per outlet in the CVS space (4% CAGR over FY12-15) as compared to modern grocery retailers (-4% CAGR over FY12-15).

While management currently guides an expansion of 70 stores per year (accounting for c. 80% of sales growth), we think that new stores could potentially be opened faster should quality locations with higher footfall be made available. There are currently two MRT lines and one LRT line planned in Malaysia. They would be expected to be opening over 2017-25F, potentially adding more space for CVS.

We expect gross margins to improve c. 150bps over the next three years to 35.7%, as management focuses on shifting its product mix to higher-margin food and beverages, fresh foods and non-food items. Furthermore, higher-margin segments such as advertising and promotions should increase proportionally to the increase in store space.

Higher valuations are justified with the stronger growth prospects.
While Bison currently trades at c. 20x FY17F P/E, versus the Malaysia consumer sector median of 18x, we believe it is justified on a FY17F PEG basis (0.7x vs sector median of 2.1x) given the potentially higher margins as well as stronger earnings growth due to the expansion of its store network. We further believe a full re-investment of IPO proceeds could also fuel a re-rating.

mamatede

3,950 posts

Posted by mamatede > 2016-09-22 07:00 | Report Abuse

Normura tp 2.25, I tp rm2 then

mamatede

3,950 posts

Posted by mamatede > 2016-09-22 11:10 | Report Abuse

Bison never fail to impress at 1.87 already woots, with it in growth stage, there's a lot of upside to this counter. If the counter mature into a stable recurring income counter those that invest early will be laughing to the grave

mamatede

3,950 posts

Posted by mamatede > 2016-09-23 10:33 | Report Abuse

Quarter must be good? dividend plz..

mamatede

3,950 posts

Posted by mamatede > 2016-09-26 14:08 | Report Abuse

this week out quarter !

Posted by Mohd Fahmi Bin Jaes > 2016-09-26 14:11 |

Post removed.Why?

mamatede

3,950 posts

Posted by mamatede > 2016-09-26 20:38 | Report Abuse

Bye Fahmi :D .. Seven eleven EPS is lower than Bison yet its shares is starting to bull.. While today people take profit from Bison as it has being rallying for quite some time already, but again bison is growing, its retail chain, distribution as well as food businesses.

michaelwong

3,072 posts

Posted by michaelwong > 2016-09-30 17:17 | Report Abuse

Vow ! low volume with price movement ........not bad lah ......but scary !

mamatede

3,950 posts

Posted by mamatede > 2016-09-30 17:25 | Report Abuse

Hahaha strong late buying, I'm so proud of bison !!

rohank71

911 posts

Posted by rohank71 > 2016-10-04 00:36 | Report Abuse

long term hold. just buy and hibernate.

Posted by Mohd Fahmi Bin Jaes > 2016-10-04 22:41 | Report Abuse

down

mamatede

3,950 posts

Posted by mamatede > 2016-10-05 07:27 | Report Abuse

Down because no volume, it reached rm2 also because of 1 lot.. expected

mamatede

3,950 posts

Posted by mamatede > 2016-10-07 17:44 | Report Abuse

Hello darling

Posted by Tan Toh Fei > 2016-12-02 11:41 | Report Abuse

very low profit, eps low, naps also low, price over value, should sell, fair price shld be around 0.95.

malaysiaku

583 posts

Posted by malaysiaku > 2016-12-12 01:23 | Report Abuse

saham ini ada masalah down syndrome sebab volume tersangat rendah....tapi masih pesat membesar dan berkembang setiap masa......tumbesaran tak stabil, tapi masih ada gaya nak tunjuk siapa hero...."bison"...sebab setiap hari orang pasti singgah kat bison.....macam 7eleven.

malaysiaku

583 posts

Posted by malaysiaku > 2016-12-12 01:42 | Report Abuse

beli pun tak rugi,,,,sebab bison masih lagi membesar.....tak beli pun tak rugi... sebab dividen tersangat rendah sampai mata sakit memandang.....apa boleh buat, kita orang kampung sangat suka makan dan lepak kat bison petaling jaya outlet....haha

rainbowyen

363 posts

Posted by rainbowyen > 2016-12-17 10:44 | Report Abuse

sure can walk....a long journey walk.....bullish on mynews.com

hewusana

265 posts

Posted by hewusana > 2017-01-02 12:18 | Report Abuse

Price keep drop..

hewusana

265 posts

Posted by hewusana > 2017-01-02 12:20 | Report Abuse

Actual more n more MYNEWS. COM

James Yeo

61 posts

Posted by James Yeo > 2017-03-16 23:09 | Report Abuse

hi all, i have written an article on Bison sometime back...
https://klse.i3investor.com/blogs/small_cap_asia/118486.jsp

Feel free to take a look~

Posted by WalkingDeadRick > 2017-03-29 15:18 | Report Abuse

run convenient store & Sell magazine also can be rich, some more PE23+, market value very high

gankc2011

103 posts

Posted by gankc2011 > 2017-03-29 20:14 | Report Abuse

A few unit trust funds bought these counter as one of the stock portfolio.

Kay

290 posts

Posted by Kay > 2017-04-11 10:06 | Report Abuse

Very strong!

gankc2011

103 posts

Posted by gankc2011 > 2017-04-12 15:40 | Report Abuse

I think believe bison stock will do very well because its business model is recession proof, easy to understand and they sell basically daily necessity goods which are affordable. I just hope in future they will pay out reasonably good dividend to shareholders. So I would people to buy these stock.

Bratt

235 posts

Posted by Bratt > 2017-04-12 17:20 | Report Abuse

What is the competitive advantage between Bison and 7-eleven and other competitors? Answer is nothing. Given that there is no special plans, no differentiation strategy and fighting in a crowded space, can't see why Bison will grow big. The dream about setting up money exchange services inside News.com has been ditched because rejected by Bank Negara yesterday. And today I see the price moved up a lot with small volume. Very speculative counter. Be careful.

saydon

215 posts

Posted by saydon > 2017-04-13 00:16 | Report Abuse

Hi Bratt, can you please provide the source of rejection by Bank Negara. Thanks

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