Posted by DickyMe > 2020-10-30 18:18 | Report Abuse

Soon will be a penny stock!

Posted by jolow > 2020-10-31 12:06 | Report Abuse

Robinson in the garden close down . retail very bad. I notice diy shop at kapar selangor also half dead

Posted by jolow > 2020-10-31 12:07 | Report Abuse

11 am also not yet open shop. like this how to do business

Posted by Nepo > 2020-10-31 13:27 | Report Abuse

Very good stock. Buy buy buy uptrend
This is known as 右侧交易

Posted by Nepo > 2020-10-31 13:29 | Report Abuse

Right side transaction

Posted by dompeilee > 2020-10-31 15:38 | Report Abuse

Artificial mkt support still happening...don't overstay nanti dump to $1 or lower LOL

Posted by dompeilee > 2020-10-31 15:40 | Report Abuse

Ppl hv a chance 2 learn from LCTitan fiasco(IPO originally 8.00, cut to 6.25, in March went to 99.5c)....it's whether you wanna face the naked truth or not!

Posted by apolloang > 2020-10-31 15:51 | Report Abuse

ipo from 8.00 reduce to 6.50 lah

Posted by jolow > 2020-10-31 16:02 | Report Abuse

very fake push yesterday . see how long the shark can tahan. very soon bubble burst

Posted by Nepo > 2020-10-31 17:59 | Report Abuse

Hahaha, I like these sharks. They support KAW KAW

Posted by Nepo > 2020-10-31 21:04 | Report Abuse

MrDIY Bossku
https://youtu.be/v7DmjEPV0Hk

Posted by DickyMe > 2020-11-01 09:37 |

Post removed.Why?

Posted by jolow > 2020-11-01 09:52 | Report Abuse

everyday drop 1 sen Lama lama jadi 10 sen

Posted by Small_Ikan > 2020-11-01 11:09 | Report Abuse

i dont hold any shares of this counter
still want to write something about it

their business model is 'middle man' where they rent a space , open a store, source goods from factory and sell to consumer

few question you need ask yourself

1) rm 18 million / store for rented space with goods inside ?
2) nowadays direct factory sale profit margin also about 3%~10% , middle man can get 40% margin ?
3) there are many type of IPO , some might entered agreement with private fund / IB not to dump the share for certain periods of time , so u are still seeing the price 'holding'
4) will this business model sustain in coming time (online shopping)

good luck for holder , see u all after 3 year time

Posted by DickyMe > 2020-11-01 14:31 | Report Abuse

D.I.Y sells JUNK. Once people exercise their consumer right and are aware of quality they will shun junks.

Posted by mf > 2020-11-01 14:33 |

Post removed.Why?

Posted by Snowpiercer > 2020-11-02 09:15 | Report Abuse

This counter cannot be more than RM1. Artificially supported now. Same old story like the hypermarkets 10 years back.

Posted by stocknothot > 2020-11-02 11:32 | Report Abuse

I also dislike the quality of DIY but all my cheapskate colleague, family & friends all still frequent customer. I dont give a f la, cheapskate money must be earned.

Posted by wallstreetrookie > 2020-11-02 13:55 | Report Abuse

Look at The Star share price. Looks like Mr DIY will follow the same trend. Price might maintain for a long time but if you give it a longer time horizon, it’ll be lower than IPO

Posted by Rajuan_Singh > 2020-11-02 15:34 | Report Abuse

Steady all south now....

Posted by Ang Kb > 2020-11-02 17:52 | Report Abuse

What will happen tomorrow also nobody know, why i saw many at here said see you after two years after three years, with these covid 19,i even don't know next month i still alive or not, hahaha.

Posted by rulethemarket > 2020-11-02 17:58 | Report Abuse

DIY is the new trend, buying on the biggest player can't go wrong, be confident la

Posted by Decken > 2020-11-02 22:06 | Report Abuse

I dont know why all those smart ass complain about with DIY. Yes its cheap prod, for me its decent quality be it their hammer or bulb, Cheapskate like most of you all would probably expect your $5 bulb will last you 10years.
MCO, PMCO drop by any DIY you will see its seldom empty. Why? because maj or malaysian earns penny & many thanks to China, they can afford to have something within their budget.

Posted by wongchin > 2020-11-03 05:30 | Report Abuse

Dear Deckan. Diy has too many outlet in malaysia n expanding js to make it look nice in ipo. Bz wise can do. Bt the rental n staff pay n interest borrowing will bring down diy sooner or later. In between 1 - 2 years diy nd to close down at least 20% of thier non performing store.

Posted by rulethemarket > 2020-11-03 10:03 | Report Abuse

this is bulk and volume game for Mr DIY, there will be profitable stores subsidizing those loss making stores, this is part of portfolio management la... of course can restructure your portfolio but thats for better mah

Posted by Tokay111 > 2020-11-03 15:55 | Report Abuse

I think shops targeting high-end customers will collapse first rather than those serving low-end as the inventories are more liquid and rentals are cheaper. Robinson is the first casualty. See ISETAN or Parkson soon. Hence, there will be lesser competition but still steady demand.

Posted by MaGic Dust > 2020-11-03 18:46 | Report Abuse

Funny to see all those people who are DEAD WRONG about the price dropping right after IPO is now trying to explain their way out of their mistakes. They forgot that their advise are like Mr DIY's products too, a piece of JUNK... Mr DIY record quarter coming soon :)

Haters are always the losers lol

Posted by rulethemarket > 2020-11-04 09:46 | Report Abuse

wait and see the quarterly results, but mid to long term perspective is definitely positive...

Posted by Snowpiercer > 2020-11-04 10:50 | Report Abuse

The PE is laughing to bank by cashing out big time. This business will start to run into high/obsolete stocks issue, shrinking margin, high real estate cost, more loss making stores. If you see how its business got distracted - selling groceries and toys.

Posted by rulethemarket > 2020-11-04 11:17 | Report Abuse

going into groceries and toys is part of diversification plan, i dont see any red flags here bro Snowpiercer

Posted by 631207115149 > 2020-11-04 15:59 | Report Abuse

when MRDIY qtr..?

Posted by King7 > 2020-11-05 09:21 |

Post removed.Why?

Posted by Rajuan_Singh > 2020-11-05 10:28 | Report Abuse

POTUS almost done, tomorrow budget. Monday will be DIY day

Posted by DickyMe > 2020-11-05 10:29 |

Post removed.Why?

Posted by DickyMe > 2020-11-05 10:30 | Report Abuse

DIY sells JUNK.

Posted by King7 > 2020-11-05 11:27 |

Post removed.Why?

Posted by Nepo > 2020-11-05 16:10 | Report Abuse

What is going on here? MR DIY burst

Posted by Abc JJ > 2020-11-05 16:17 | Report Abuse

Today expect qtr out

Posted by Taico88 > 2020-11-05 16:18 | Report Abuse

MRDiY Huat loo now Rm1.85

Posted by jayjay100 > 2020-11-05 16:20 | Report Abuse

Good quarter?

Posted by nich0las > 2020-11-05 18:18 | Report Abuse

Wa lao, profit 113Mil.

Posted by MaGic Dust > 2020-11-05 18:34 | Report Abuse

All the DIY haters have to keep quiet. 50% Growth Y-o-Y!

Posted by Rajuan_Singh > 2020-11-05 19:26 | Report Abuse

37% Gainers today. above 1488 and moving to 1521 another gap up

Posted by pang72 > 2020-11-05 19:44 | Report Abuse

Wah... Eveeyone said no good... But QR good??

Posted by James Ng > 2020-11-05 20:04 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-11-05-story-h1535654772.jsp
[转贴] [Video:浅谈MR D.I.Y. GROUP (M) BERHAD, MRDIY, 5296] - James的股票投资James Share Investing

Posted by Philip ( buy what you understand) > 2020-11-05 20:34 | Report Abuse

Where is i3lurker and sslee now? Very quiet I see. Still don't know how to value companies.... Sadly.

Posted by genghis > 2020-11-05 20:46 | Report Abuse

ok,when correction can start buy.before reach 2 ringgit.

Posted by Sslee > 2020-11-05 21:00 | Report Abuse

The nation’s largest home improvement retailer attributed the higher sales on the back of increased transactions, following strong consumer demand sentiment towards home improvement products after the Movement Control Order (MCO), as well as an increase in the number of stores to 688 from 556.

For the nine months ended Sept 30, the group's net profit was up a marginal 0.98% to RM228.9 million from RM226.68 million, while revenue grew 7.99% to RM1.79 billion from RM1.66 billion. EPS increased to 3.76 sen from 3.72 sen previously.

So MRDIY
NAPS: 0.0853
EPS: 0.0186 for Q3 and nine months end Sept 30 of 3.76 sen from 3.72 sen previously
Price: 1.88

Is this good result? What is per stores sales increase or descrease compare to last year?

Posted by DickyMe > 2020-11-05 21:09 | Report Abuse

Poop fly dividend..LOL

Posted by DickyMe > 2020-11-05 21:09 |

Post removed.Why?