MYNEWS HOLDINGS BERHAD

KLSE (MYR): MYNEWS (5275)

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Last Price

0.63

Today's Change

+0.005 (0.80%)

Day's Change

0.62 - 0.63

Trading Volume

103,800


1 person likes this.

1,887 comment(s). Last comment by Stock4Real 4 hours ago

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-01 14:03 | Report Abuse

Yes, Elon Musk's Starlink.

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-01 23:36 | Report Abuse

Lol.
Use back your logic:

You like to use foreign product , move to that county la.

Wahahha

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-02 01:25 | Report Abuse

So, shifting business to Bangladesh? Muahahahaha!
Cheap labour mah!

Of course, you can use my logic, since you are bankrupt of idea.
🤣🤣🤣

hw0706

834 posts

Posted by hw0706 > 2023-07-02 08:20 | Report Abuse

Do the cu store perform good...

speakup

27,028 posts

Posted by speakup > 2023-07-02 08:23 | Report Abuse

Mynews net debt 238mil vs 7-11 net debt 1.1Bil!

speakup

27,028 posts

Posted by speakup > 2023-07-02 08:28 | Report Abuse

i'm not a shareholder of Mynews. Just sharing some facts

Sslee

6,830 posts

Posted by Sslee > 2023-07-02 08:44 | Report Abuse

Just for your information, I shift to Indonesia and work as expatriate earning in USD and my company pay it employees must better than what local Malaysia company pay to it local employees.

Sslee

6,830 posts

Posted by Sslee > 2023-07-02 08:55 | Report Abuse

I actually pity the Philipino, highly qualified cannot find jobs in Philippine, need to work oversea and their life ambition is to become US citizen.

faridfet

516 posts

Posted by faridfet > 2023-07-03 09:37 | Report Abuse

EX-FINANCE MINISTER HAD BEEN EYEING A BLOCK IN MYNEWS?

Ex-Finance Minister cum current MP Titiwangsa which is YB Datuk Seri Johari Abdul Ghani soon may merge to be major shareholder of Mynews.

Datuk Seri Johari Abdul Ghani's interest in taking up a block with market talk is quiet coincidence with Mynews announcement for a proposed fundraising exercise through the issuance of new shares.

Mynew said the proposed placement has been identified to third-party heavy investors at an issue price to be determined later.

Interestingly, Mynews founder and CEO - Dang Tai Luk has slowly raised equity interest in Mynews by more than 2 million shares since early May 2023.

Datuk Seri Johari Abdul Ghani's track record in corporate scene was successfully managing Pepsi and Permanis Sdn Bhd, a soft drink bottling plant and sold to Japanese beverage giant Asahi Group in 2011 for a whopping near to RM900 million. Impressively YB Datuk Seri Johari Abdul Ghani only bought Permanis by RM70 million in 2005.

He is well known for a corporate turnover, structuring expertise, chartered accountant and had fame from his time at the helm by owned KFC, Pizza Hut and Ayamas before he sold in 2005.

Ex-Finance Minister, Datuk Seri Johari Abdul Ghani currently owned C.I Holdings Bhd, KUB Malaysia Bhd and Media Prima Bhd.

The source of the news said the deal is in final stage and will be announce soon.

hw0706

834 posts

Posted by hw0706 > 2023-07-03 10:59 | Report Abuse

the share price will drop back to 0.40

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-03 12:10 | Report Abuse

I don't care who owns Mynews, EMPLOY ONLY MALAYSIANS FROM ALL RACES.
I don't step into a shop employing foreign workers.

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-03 12:13 | Report Abuse

I read somewhere that foreign workers are employed for 3D jobs only. The 3D means, dangerous, dirty and demanding. Why are they in retail and offices?

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-03 12:14 | Report Abuse

SpeedMart is almost similar Mynews.
Why SpeedMart can employ only Malaysians and Mynews cannot do it?

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-03 19:46 | Report Abuse

I don't care who owns Mynews

I just made handsome short term profit this few days
TQ MYNEWS

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-03 19:48 | Report Abuse

Why hire local ? Because salary cheap, not like hire foreigners need to pay many process fees.
That why speed mart sell cheap and affordable stuff.

Most important, local staff always get complaints .LOL

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-03 19:53 | Report Abuse

Locals get all benefits(EPF+SOCSO+Medical+Annual leaves). No processing fee headache.
Supply of workers in abundance. 1 go 10 available. No need training.
Good bosses knows how to turn bad to good. Complaint is not primary concern of good employers except for fussy, greedy and messy bosses. 🤣🤣🤣

Posted by FinanceInRealLife > 2023-07-06 19:43 |

Post removed.Why?

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-13 14:03 | Report Abuse

Good staff.

My family & I went to Mitsui Outlet to shop this afternoon. After that when I got home & couldn’t find my wallet. I searched everywhere and still couldn’t find it. Then I recalled my last purchase was at myNews store at Mitsui Outlet Park KLIA Sepang. So my hubby said I must have left my wallet on the cashier counter. Left it there when I walked out as I was carrying a few bags with me & didn’t realise it. We decided to drive back to Mitsui Outlet to look for my wallet at myNews store. On the way there, I called Mitsui Outlet Customer Service. I spoke to a lady, the staff in-charge and told her of my predicament. She said she will send a security guard to check with myNews staff and will call me back if there’s anything. About 20 mins later, she called back and told me that security guard informed her there was a wallet there but not sure if it was mine. I was hopeful & prayed that it would be my wallet. Upon arriving at myNews, I approached the staff that served me earlier and told him I lost my wallet there. He then took out my wallet that he kept aside and gave it to me!. What a relief ! I thank him & offered him gratuity as a token for his honesty but he refused it. That’s why I am writing this post to thank him. His name is Akash Ramtel & because of him my belief in humanity is restored. There is still goodness in people. I considered myself to be very lucky as Akash had returned my wallet intact and save me the hassle of having to do all the run around of losing my personal documents. The hassle of having to go to the police station to file a police report to document that my wallet is missing and the need to call each bank to cancel my cards, to renew my IC (pay the fine) and driver’s license. Imagine the time taken to do all these for losing a wallet !. I have to be more alert and careful in the future to avoid this careless mistake. I hope myNEWS Malaysia management will take necessary action to acknowledge Akash Ramlet honesty and thank you for having a good staff like him. As for Mitsui Outlet Customer Service staff in charge (sorry as I forgot to ask her name), thank you for your kind assistance and prompt action. My hubby commented that Mitsui Outlet Park KLIA Sepang has a good system to handle such matter as lost and found. I went over to the Customer Service and met the staff in-charge to tell her my happy ending. She then requested me to fill up the “Lost and Found” form & I put a good remark for Akash Ramlet. Good job 👍❤️

#MitsuiOutletKLIA
#myNewsStaffHonesty
#myNEWSMalaysia
#HumanityRestored
#Goodjob
#LostWallet
#LostandFound

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-13 14:05 | Report Abuse

LOL! Self praising for self interest!

Posted by goldmanbull > 2023-07-13 14:08 | Report Abuse

Hi Leo88Lee,

Have shared your message to Mr Dang Tai Luk, CEO and co-founder of MyNews

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-13 14:51 | Report Abuse

A one off incident is not an indication of good service of whole company.

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-14 07:49 | Report Abuse

At least I got one off incident for self praising.
I also can find a lot of complaints to local staff from Mynews,7/11,FM, Speedmart review.

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-14 07:50 | Report Abuse

Thank you goldman.

speakup

27,028 posts

Posted by speakup > 2023-07-14 08:14 | Report Abuse

@Lee88Lee, that's MyNews for u! Happy for your outcome. If it was a 7-11 consider it gone.
MyNews is among the best convenience stores in Malaysia.

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-14 16:44 |

Post removed.Why?

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-14 18:13 | Report Abuse

Lol. I also 1st time see ppl said he use Elon’s Satellite in Malaysia la. 吹水佬!
Without foreigners, many Malaysia’s business can’t operate lo.
Mynews in Malaysia more than 20 years la. If want doomed, long long time d la.
The revenue keep going up.

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-14 21:28 | Report Abuse

Without foreigners, Malaysia can still survive.
It is rich with resource.
Only problem is politicians and many thieves.
But that can be overcome slowly.
Revenue go up but why negative profit??
Someone stealing or wasting on silly things?

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-14 22:31 | Report Abuse

Without human
The earth can leave well too.
LOL

why negative? Like I said you didt do homework la. Just talk.

Even negative profit, I already earn handsome double digit profit within one months.

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-14 22:36 | Report Abuse

You talk easy like the politicians.
Talk only.
Why got foreigners? Sure got demand and supply.
Politician just try to do what the market need.

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-14 22:56 | Report Abuse

With negative profit you earn??
Of course, gamblers can make money either way.
They don't care about the company. They bet on price fluctuations.

What demand supply from foreigners you talking about?
Don't talk nonsense.
Politicians are greedy just like gamblers.

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-14 22:57 | Report Abuse

"Without human
The earth can leave well too."
===========================
Then, why are you still here, leave the world to make it better.
ROFLMAO!!

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-15 08:17 | Report Abuse

Because you are here, so I’m here la. Wakakaka

Business take time, in a growth stage, take time break even .
you don’t know go back to cave la.
Lol
I earn because I buy low la
When everyone fear I’m greedy . Wohuhu

msg232

17 posts

Posted by msg232 > 2023-07-17 14:49 | Report Abuse

Johari Ghani finally in

speakup

27,028 posts

Posted by speakup > 2023-07-17 21:24 | Report Abuse

old news. 1 week ago we all know already

Posted by BursaVulture > 2023-07-17 22:51 | Report Abuse

Johari was able to turn around companies he bought into. But this mynews appears to be a different beast all together. KFC was a very strong brand by itself, the other like CI Holdings and KUB can get projects from the gov, but mynews is more towards retail, something the gov cannot influence. Unless gov buy stuff from mynews, then again, why buy from mynews when the gov can go straight to the distributor?

I wonder how is Johari going to turn mynews around, this is a retail business depends on walk in customers. Somemore involved food. This will be interesting.

hw0706

834 posts

Posted by hw0706 > 2023-07-18 05:25 | Report Abuse

Maybe mynews going to supply food to airline

newbie8080

2,768 posts

Posted by newbie8080 > 2023-07-18 11:05 | Report Abuse

I think current situation quite similar with Cypark.
Jakel group bought substantial stakes into the company , hoping to turn around the company.

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-19 08:41 | Report Abuse

People here very funny.
Johari buy in means he want to turn around mynews. Only 10% share and no executive level.
A lot of PP out there, all also because the people who buy in want turn around the company ?

Do some homework la!
Mynews itself is making money, CU is making lost. Why? Simple lo! Mynews already in the market more than 3 years, breakeven already, CU only 2 years. Got business sense or not ?
You got and open a retail shop instantly want to breakeven ah?
So geng then you do la!

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-19 11:20 | Report Abuse

myNEWS is profitable since Quarter 3 FY 2022
• WH Smith had been profitable since opening of international borders and lifting of travel restrictions
• FPC is gradually increasing its production capacity
• CU is still undergoing the gestation process of developing its business, currently is in the loss making position

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-19 21:54 | Report Abuse

Lol. So mark & spencer doing well?
Funny la. Ppl like to use other example to explain why mynews is bad. The fact is, Mynews got business , mark and spencer also can have business.

If like that, then Starbucks got no business, Costa coffee got no business. Lol

Village park nasi lemak is good, doesn’t mean other ppl who sell nasi lemak no busines.

Stupieeed really no medicine to cure.

DickyMe

14,891 posts

Posted by DickyMe > 2023-07-20 15:37 | Report Abuse

Well, all these "brands" are indeed betting on stupiad, foolish people who likes to burn their cash for boosting ego. Their business frenzy lasts only during pay day and other days "sewer flies" are their customers. They think duplicating and franchising is a superb business model. The only one who earns in franchise is the main guy, the rest are fools.
Franchise is a monopoly business in disguise. Their main attraction is based on hype and junk foods. Only ediots spend to spoil their health.

hunterz86

125 posts

Posted by hunterz86 > 2023-07-20 16:13 | Report Abuse

"a retail store that carries a limited selection of basic items, as packaged foods and drugstore items, and is open long hours for the convenience of shoppers." - source Google

Better for everyone to know the definition of convenience store concept rather than jumping to the incorrect conclusion...

doll

78 posts

Posted by doll > 2023-07-20 16:25 | Report Abuse

wow wow, political investor, through pp lagi. I thought the boss is someone who stays away from politics? what happened?

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-07-20 20:26 | Report Abuse

You are foo too.
I can use cheaper example to said what you spend is stupi too.

Lol

speakup

27,028 posts

Posted by speakup > 2023-07-21 07:47 | Report Abuse

aiyoyo why u all argue about small trivial things. there is money to be made in Casino De Bursa than waste time arguing about small unimportant things.

fregend

584 posts

Posted by fregend > 2023-08-14 15:36 | Report Abuse

Hope results improve

nickick

81 posts

Posted by nickick > 2023-08-15 10:40 | Report Abuse

time to fly!!!

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-08-19 08:22 | Report Abuse

When all the negative comment about mynews , I’m making money.
Happy to spend my money for mynews and CU. wakakakak

i3lurker

14,406 posts

Posted by i3lurker > 2023-08-19 09:48 | Report Abuse

once you do a brainwash
and refuse to classify comments into positive comments and negative comments you will find life much easier and its very easy to make money.

Its just comments.

Lee88Lee

42 posts

Posted by Lee88Lee > 2023-08-19 17:40 | Report Abuse

Ya. I hope to see some useful negative comment.
But I didn’t see it.
Wakakaka

No logic at all

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