Posted by InvestKLSE88 > 2018-01-12 15:06 | Report Abuse

Bought into MYNEWS yesterday. Cheers

Posted by pareto_8020 > 2018-01-16 10:04 | Report Abuse

Compared with 7-eleven market capitalisation and NTA, then u will know why MYNEWS keep on going up :D

Posted by lai81533 > 2018-01-16 16:26 | Report Abuse

Potential to growth continuously

Posted by lai81533 > 2018-01-16 16:27 | Report Abuse

Mynews= public bank ( grow organically) = top glove ( growth by acquisition)

Posted by vxpoison > 2018-01-17 21:50 | Report Abuse

I heard they are starting the mini market (like speedmart99 & KK mart)concept store soon.

Posted by monkeyinvestor > 2018-01-20 12:47 | Report Abuse

https://www.facebook.com/profile.php?id=100017681712857&lst=100002004043115%3A100017681712857%3A1516423347

Posted by Kendo Ken Hz > 2018-01-24 14:15 | Report Abuse

Tough to fight family mart

Posted by apolloang > 2018-02-13 18:00 | Report Abuse

this stock PE so high EPF buy.....apa ini EPF helping cronies ar?

Posted by mrinvestor12 > 2018-02-14 15:32 | Report Abuse

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

Posted by gankc2011 > 2018-02-18 17:05 | Report Abuse

Mynews.com is a type of business that easy to understand, low capex and recession proof. Other than doing convenience store business, they are also into money exchange service, collection point for lazada online purchase and also ready to eat packed food.

Posted by monkeyinvestor > 2018-03-03 13:44 | Report Abuse

up 1 more year, my return will be 200% hahahaaha

Posted by YgAriff > 2018-03-20 17:48 | Report Abuse

Long term growth I guess?

Posted by apolloang > 2018-03-26 18:25 | Report Abuse

this kinda stock EPF can keep buying? profit down should be below 1.00 cos already ex bonus 1 for 1

Posted by apolloang > 2018-03-26 22:03 | Report Abuse

sem outlets better business than mynews outlets,this stock is very overvalued

Posted by apolloang > 2018-03-27 10:23 | Report Abuse

why no down like jaycorp yet? EPF tipu the retails ar?

Posted by Reeve Yong Wai Chuen > 2018-03-27 10:39 | Report Abuse

what happen today? drop like rain

Posted by shpg22 > 2018-03-27 12:16 | Report Abuse

Its a very competitive market with thin margin and high expenses. At such a ridiculous P/E, its going to be next KAREX. FCF is deteriorating fast, dividend may be hard to come by. Will only consider to buy at half price 0.75 @ P/E of 22.0x.

Posted by kampung > 2018-03-28 11:41 | Report Abuse

The latest revenue growth has slowed so much.The price is too high and the dividend is like a cheapskate.

Posted by monkeyinvestor > 2018-03-29 12:34 | Report Abuse

i was flat not slowed. wait drop to buy more

Posted by monkeyinvestor > 2018-03-29 14:35 | Report Abuse

it*

Posted by kampung > 2018-03-30 11:10 | Report Abuse

Talked to the staff looking after operation - banyak competition from Family Mart lah . Sudah tutup berapa kedai. That should explained the flat revenue vs the net income.

Posted by Yee Shiang > 2018-03-30 13:31 | Report Abuse

based on this blog, i will monitor for awhile before take action.

http://salasinvestment.blogspot.my/2018/03/mynewscom.html

Posted by Lim Tek Wai > 2018-03-30 13:42 | Report Abuse

noted. Thank you

Posted by monkeyinvestor > 2018-03-30 16:17 | Report Abuse

buy will not regret ! 300% profit for years

Posted by monkeyinvestor > 2018-05-15 11:27 | Report Abuse

fly time another new high soon wakaka!

Posted by mytan84 > 2018-05-21 17:13 | Report Abuse

Hi All. May i know what is your comment on this stock? GST 0% good time to buy now?

Posted by ckh823 > 2018-06-18 00:51 | Report Abuse

something happening on this stock?? seem very quite.

Posted by kampung > 2018-06-26 11:34 | Report Abuse

lose steam already, expenditure rise very fast. so very quiet , can go fly kite.

Posted by Reeve Yong Wai Chuen > 2018-08-21 15:03 | Report Abuse

Really can go fly kite already..TT

Posted by monkeyinvestor > 2018-09-24 22:15 | Report Abuse

tmr fly liao haha profit come soon !

Posted by freshvegetablebird > 2018-09-25 23:21 | Report Abuse

This is abit akward with higher revenue and result but lower share price today

Posted by monkeyinvestor > 2018-09-26 22:06 | Report Abuse

u need patient dude no clam heart how u can make money at stock market!

Posted by cabcy7 > 2018-10-01 11:59 | Report Abuse

zzzzzzzzzz...

Posted by kampung > 2018-10-15 14:35 | Report Abuse

heavily dependent on cigarete sales according to market analyst, very scare

Posted by commonsense > 2019-03-07 09:40 | Report Abuse

Even though revenue had grown by almost 20% in FY18, profit grew by only 10% due to the squeeze of profit margins relating to the increasing operating cost. The result itself is commendable but the 10% profit growth is a lot lower than the 32% achieve in FY17. FY19 is expected to deliver the same level of growth (if not lower) as the one seen in FY18 mainly due to the increasing operational cost which will pull down the profit margin and also due to the fact there will be lower new stores opening in 2019.

At the current share price, the company has a PE valuation of 35.5x which is really high given the slowing down of Mynews profit growth. Assuming they managed to deliver a profit of RM30 mil (this is above the expected 10% profit growth), the company would still be valued at a lofty valuation of 31.4x PE.

If you are looking to hedge your portfolio outside of Mynews (due to its relatively high valuation), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.1x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.0x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by Heavenly PUNTER > 2019-03-24 15:32 | Report Abuse

wait kena tapao by Family Mart

Posted by shpg22 > 2019-03-25 11:11 | Report Abuse

50% discount from current price of 1.37, then only talk about value. Current valuation of P/E 33.0x, P/B 3.3x is excessive despite improve result.

Posted by LAWahbui > 2019-06-24 22:28 | Report Abuse

Consumer product will be good?

Posted by TuhanSaham > 2019-07-05 11:12 | Report Abuse

So illiquid, how to trade

Posted by James Ng > 2019-07-08 10:01 | Report Abuse

https://klse.i3investor.com/blogs/general/214045.jsp
[转贴] [MYNEWS HOLDINGS BHD：通过积极改进商店概念，产品和质量，以及通过不断扩大的网络使商店更贴近消费者，将马来西亚的便利性提升到新的水平] - James的股票投资James Share Investing

Posted by techlee229 > 2019-12-06 11:00 | Report Abuse

The group remains committed to increase its network expansion by around 80–100 stores in FY20F in order to fully realise its FPC capabilities. We assume in our forecast the number of outlets to surpass 600 in FY20F (from 498 in 9MFY19) with revenue growing by 23%.

Posted by wakarimas > 2019-12-20 00:18 | Report Abuse

Why drop so much recently? Now the price seems pretty to buy in.

Posted by skypie87 > 2020-01-06 20:08 | Report Abuse

Drop a lot today...

Posted by skypie87 > 2020-01-07 00:23 | Report Abuse

nobody? quiet stock

Posted by unorthodox > 2020-01-07 03:31 | Report Abuse

Whatever the IB writes, please take it with a tablespoon of salt! Go to the ground level by visiting and observing some MYNEWS outlets and you will understand its profitability!

Posted by skypie87 > Jan 6, 2020 8:08 PM | Report Abuse

Drop a lot today...

Posted by RainT > 2020-01-07 19:08 | Report Abuse

Even drop much

but PE is at 26 times

plus MYNEWS biz is have many competitors and who also can open near similar MYNEWS biz

Posted by investmalysia > 2020-01-08 17:25 | Report Abuse

Yes. Anyone can open. But how many stores can you open?

Posted by fmbklci > 2020-01-09 09:07 | Report Abuse

just added 100k shares. lets get cny angpao

Posted by fmbklci > 2020-01-09 09:08 | Report Abuse

added yesterday today earn already

Posted by Sky Soo > 2020-01-10 12:47 | Report Abuse

The price drop to 50 cents is more appropriate. This is the IPO price.