Bought some at price weakness. Its earnings should improve QoQ in coming quarter, albeit should be lower YoY due to the high initial cost from RTE new factory. In long term, MyNews will continue to grow.
I find my area mynews transformation kafe Maru not really doing well. The foods not attractive except price is cheaper compare to family mart. Dun think they can compete with family mart in long term when family mart opens more and more stores.
mynews business nature is same like 7-11. do you think they cannot sustain long term? yes i agree that their margin is low and high competition but anyhow they will also make money.
ku tiada kaunter ini tapi selalu pergi my news bayar celcom bill. ku rasa convenient sebab outlet ini ada merata tempat, tapi food, family mart menang, drinks murah situ. tapi family tak listed kan, hanya ada 7-11 dan MyNews, kalau ku ada duit ku lebih suka beli MY NEWS dari 7-11. My personal opinion
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
fmbklci
388 posts
Posted by fmbklci > 2020-01-17 14:01 | Report Abuse
if you expecting to drop to 70cents why buy at 80cents lol