Posted by 明天会更好 > 2017-04-13 17:17 | Report Abuse

厉害，做杂货点做到酱厉害

Posted by gankc2011 > 2017-04-13 20:50 | Report Abuse

Today share price ended 2.23. Whether the current rise of the share price is speculative or not remains to be seen, They are doing convenience store business which is nothing special but it sells products which the public often consume like F&B, books, magazines, prepaid card, cigarettes and etc. These type of business requires low CAPEX. I have read through their annual and quarterly reports. In the last two quarters its net profit increased and many local and a few foreign funds invested in these counter. They have cash reserves of roughly RM80 million and 80% of their stores are in KL & Selangor. According to its MD Dang Tai Luk the penetration rate for these business is very low in Malaysia, meaning there are still plenty of room to grow. And they plan to open many more outlets through out the country with an eye of venturing overseas. These is a simple and easy to understand business which I feel good for investing in its stock for long term for dividend and capital growth even though they don't have regular dividend payout policy.

Posted by monkeyinvestor > 2017-04-13 21:28 | Report Abuse

rm3.30

Posted by Bratt > 2017-04-14 17:51 | Report Abuse

Penetration rate of convenient stores is NOT low in Malaysia. And if there are a lot of room to expand in Malaysia then Bison will not think of going for overseas market (where there are higher operational risks). Also, convenient stores depend highly on strategic locations so the rentals they bear are high. Profit margin is definitely squeezed, that is why Bison has started acquiring food processing companies.

Posted by gankc2011 > 2017-04-14 19:17 | Report Abuse

Mr Bratt, I respect and thank you for your opinion. Personally, I feel these is a good counter that suits my investment risk and objective after reading through their reports.

Posted by gankc2011 > 2017-04-15 11:40 | Report Abuse

Last night spoke to the staff manning the Mynews.com outlet at Desa Park City. Average customers for that store was 250 per day. Product items that can sell well are tobaccos, prepaid top-up and F&B. He also told me the MD Dang Tai Luk had visited these outlet on a few occasions.

Posted by Bratt > 2017-04-26 16:20 | Report Abuse

Basic Salary system of Malaysia is compressing the profit margin of convenience stores.
價格控制反暴利法影響微 Hi酬腰明輔輻 消費領域同行對比 i ★达+ 卜企业价值丨阖息率j股本回酬 2年磁PEG 公司 丨本显比|倍数丨—(%) ： (%) 复成长率丨指标 2017! 2018 12017 2018 201712018! 2017 ！ 2018 ( % ) ！(倍) 7-11运股 40.7~： 33.FM 6.5 14.1 1.2 i 1.5 ！105^8! 80.2 7.9 丨 4.3 " 柏昇 ：27.4 ： 23.4 118.8 14.9 0.7 0.7 15.1 i 15.6 22.0 ！ 0.9 资料来源：《彭博社—马银行金英 " (吉隆坡25日讯）政府价格. 構:stg/报.'首 控制和反暴利法对该便利店领域 影响不大，但基本薪金制将压缩 该领域公司赚幅。 大马便利店密度不高 银行进一步分析，便利商店业者

Posted by Bratt > 2017-04-27 10:26 | Report Abuse

Cut throat price war is increasing between 7-Eleven & Bison. They fight head-on for new locations of convenience stores. 7-Eleven was down six sen to RM1.63 yesterday. CIMB Equities Research is maintaining its 'Reduce' call after the company proposed a rights issue via the issuance of new warrants, purportedly to build up a war chest to fight competition. 7-Eleven is believed to be using its size to its advantage, as the market leader, to hold off much smaller competitors like Bison.

Posted by Slimy > 2017-04-27 21:48 | Report Abuse

hot dan. YTD almost +50% in value . current pe at 40+ . whos pushing ? foreign funds ?

Posted by RKLee > 2017-05-03 14:25 | Report Abuse

Although 7-11 is the biggest player and trying to hold off all smaller competitor, but I wonder whether will its size turns to be their disadvantage. As they having a lot branches and operating 24-hours, they have too much fixed cost to pay as during the midnight time, the sales is very minimal while the fixed cost remain there (such as electricity).

Posted by monkeyinvestor > 2017-05-03 20:10 | Report Abuse

RKLee what about indeed the turnover>(your) Fixed Cost? Do you have statistics to support your comment?

Posted by 2721 > 2017-05-03 20:58 | Report Abuse

Oh no, drop so much

Posted by 明天会更好 > 2017-05-07 11:02 | Report Abuse

明天会更好

Posted by monkeyinvestor > 2017-05-15 23:45 | Report Abuse

tis totally good stock!

Posted by paktua73 > 2017-05-20 16:15 | Report Abuse

old man will hold as price suar more later hold from the beginning..
you never found cheap stock retail ever this its gold mine
old man nver lost fate here but will out he he need fund to support expenses in sea ​​voyages in iwcity ocean ha ha

Posted by BetterTomorrow > 2017-07-04 10:39 | Report Abuse

another corner stock. Haiz

Posted by jayawin > 2017-07-13 15:54 | Report Abuse

mynews goods very expensive. better go seven eleven

Posted by paktua73 > 2017-09-09 17:29 | Report Abuse

Old man nearly want to sold out last july lucky still srong fate
Old man love buy the paper propa bn u tutut at mynews he he

Posted by hewusana > 2017-09-15 18:24 | Report Abuse

Wow keep going up

Posted by paktua73 > 2017-09-26 10:45 |

Post removed.Why?

Posted by paktua73 > 2017-09-27 12:18 |

Post removed.Why?

Posted by apolloang > 2017-09-27 12:22 | Report Abuse

2.49 whole morning tak ada pun,how u sold? tipu ar?

Posted by dealdone > 2017-09-27 12:48 | Report Abuse

haha future selling price

Posted by dealdone > 2017-09-27 12:48 | Report Abuse

tut tut

Posted by paktua73 > 2017-09-27 15:09 |

Post removed.Why?

Posted by paktua73 > 2017-09-27 15:25 |

Post removed.Why?

Posted by vxpoison > 2017-10-04 20:26 | Report Abuse

KUALA LUMPUR (Oct 4): Bison Consolidated Bhd said trading of the company’s shares will be suspended tomorrow, pending release of a material announcement.

The suspension will be in effect from 9am to 5pm, the convenience store operator said in a filing.

Bison, listed on the Main Market of Bursa Malaysia on March 29, 2016, saw its shares close at RM2.38 today, for a market capitalisation of RM737.97 million.

Posted by shernlee > 2017-10-08 12:46 | Report Abuse

hei guys..if u are interested to get more info for any good share..jus join this group ya..

https://t.me/Bursainvestmentanalysis

Posted by Harry Fang > 2017-10-08 18:05 | Report Abuse

their shop thenews.com was on fire that day at mid valley.

Posted by vxpoison > 2017-10-24 14:57 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5579349

additional listing at 2.330

Posted by jonatlau79 > 2017-10-28 09:00 | Report Abuse

Baucer Buku....GST Sifar For Magazines...Will These Benefit ?

Posted by omgimnoob > 2017-10-28 09:53 | Report Abuse

Convenient store I only see family mart and bison got super crowd .... 7 11 can’t compete at all. Hope bison gives more frequent dividend like padini.

Posted by maoyap > 2017-11-08 22:32 | Report Abuse

Forget this stock la bro and sis. Family Mart easily taken over their customers

Posted by mrinvestor12 > 2017-11-08 22:55 | Report Abuse

this stock easy to corner bro ... liquidity low

Posted by kampung > 2017-11-13 07:00 | Report Abuse

http://klse.i3investor.com/servlets/staticfile/315580.jsp

Posted by paktua73 > 2017-11-17 10:49 |

Post removed.Why?

Posted by mrinvestor12 > 2017-12-04 08:35 | Report Abuse

http://www.mrinvestor12.com/2017/10/bison-charging-ahead.html

Posted by shpg22 > 2017-12-16 21:07 | Report Abuse

Its like buying a pack of 1L fresh milk for RM25...Wish I got customer like u all.

Posted by benczy > 2017-12-18 10:28 | Report Abuse

What happened to the stock? It drops by more than rm1 in one single trading day?

Posted by Oreo Oreo > 2017-12-18 10:55 | Report Abuse

@benczy ,it's due to bonus issue

Posted by pakatan_harapan2 > 2017-12-19 14:33 | Report Abuse

What to do? BN govn is famous for barang naik now.

shpg22 Its like buying a pack of 1L fresh milk for RM25...Wish I got customer like u all.
16/12/2017 21:07

Posted by wenlijianqinyun79 > 2017-12-19 19:34 | Report Abuse

http://www.theedgemarkets.com/article/cimb-ib-research-raises-target-price-mynews-rm3

Posted by longtermvaluegain > 2017-12-19 21:10 | Report Abuse

BISON planned to open 90 news outlets next year 2018!
These New outlets will MOSTLY be myNEWS stores.

The worst is OVER!
In term of same-store sales which has been negative this year 2017.
As BISON is in an aggressive store revamping mode.

In Term of SSSG ( Same Store Sales Growth),especially for the matur stores in BISON network, this year HAS NOT BEEN on positive side. It's about -0.5%.

估计2018 全年EPS 10.4 cent with PE of 26x-28x.
(比益本拉低至26x-28x compared to 2017 PE of 40.34x)

红股后的2018年里，BISON 股价可介于rm2.70 至2.91 。

Posted by omgimnoob > 2017-12-20 10:44 | Report Abuse

Means now the value is 1.35 to 1.45, fully valued?

Posted by cabcy7 > 2017-12-20 11:07 | Report Abuse

will rise again, will rise again
I believe I believe that I had to break
So love could make me whole
But will rise again, stronger in the end...hope so..

Posted by longtermvaluegain > 2017-12-20 11:47 | Report Abuse

No.

Posted by shpg22 > 2017-12-22 11:59 | Report Abuse

Competition la...this kind of business the entry is not difficult. Ah beng ah seng also can open 1. Don't forget still got 7-11, 99 Speedmart, KK Mart, Mydin etc

Posted by monkeyinvestor > 2018-01-05 16:27 | Report Abuse

both 711 and mynews invested

Posted by BC1010 > 2018-01-10 10:18 | Report Abuse

Slow moving stock, consider to go to other counter and come back. I think is better invest in another rising stock rather than money stuck at here.

Posted by omgimnoob > 2018-01-10 14:41 | Report Abuse

The technology behind mynews is different from 7-11 because of the boss is from IT background. They should be able to manage their stocks more efficient!