Posted by yingzhe17 > 2020-11-05 21:50 | Report Abuse

Just wait. RM0.50

Posted by raycwf > 2020-11-05 22:25 | Report Abuse

@i3lurker - what is meant by efficiency of 34.7% vs 75.2%?

Posted by speakup > 2020-11-05 22:45 | Report Abuse

rerated from HOLD to BUY!
TP rm2.50

Posted by Flyinghorse > 2020-11-05 22:47 | Report Abuse

http://www.theedgemarkets.com/article/mr-diy-posts-54-jump-quarterly-profit-declares-073-dividend#.X6QITE9s3Hs.whatsapp

73sen dividen.

Posted by speakup > 2020-11-05 22:47 | Report Abuse

besok when market open..............REBUUUUUUUUTTTTTTTTTTTTT!!!!!!!!!!!!!!!

Posted by GENER > 2020-11-05 22:50 | Report Abuse

@i3lurker 不能那么死板来计算的啦。这样的话，所有Accountant/Audit都在股市赚大钱了。大家都不需要研究了，直接一套软件下去自动算就好了。
很多MRDIY散户是亲眼看到很好生意才会去买的。

再说了，公司能公开的帐目，水分有多大，你们做会计审计的应该清楚吧？

Posted by i3lurker > 2020-11-05 23:03 | Report Abuse

if Mr DIE is so good, then just buy the shares loh, its a free world

nobody is stopping you or holding gun to your head and say dun buy or else...

The Financial Figures just say dun buy only, its your money to burn, no one else will care for you.

Posted by GENER > 2020-11-05 23:08 | Report Abuse

我个人对零售行业也不大看好，个人也对MRDIY的产品完全没有信心。（买过几样东西都很失望）。 不过她真的很好生意 =。=||

Posted by GENER > 2020-11-05 23:15 | Report Abuse

我几乎每天都要经过MRDIY。各种时间都是有人在排队结算的，周末更是排长龙。
MRDIY还有一个特点的。就是像他这样的店，卖各种乱七八糟杂货，真的没有见过。最近还延伸到卖零食。

还有，单凭一个小细节，我个人觉得MRDIY是靠谱的SHARE。目前我还没有看过哪个店铺会在疫情时候长期送口罩给客户的。免费拿。（虽然不值钱）

Posted by GENER > 2020-11-05 23:21 | Report Abuse

MRDIY已经不是以前那个只卖工具的商店了。已经杂到我都不懂形容了。
听说接下来的计划就是在各县城超级速度开店，所以才在招股书第一项就老实说明，大部分资金会用来还债银行，以便贷更多来发展。--》这个就是账面上无法体现出来的。

Posted by GENER > 2020-11-05 23:25 | Report Abuse

还有一点大家都说网络时代啦，大家都去Lazada，Shoppe买啦。
问题是网上还没有一家拥有那么多样化东西的。你这里买一个，那边买一个，邮费都亏死。
而且实体店和网上买东西就是不同的感觉。

我举个例子:
我要买一排电池。 难道我还去网上买咩？刚好路过MrDIY就去买咯。结果，就是顺便看看有啥可以买，然后就各种买买买了。这个就是实体店和网络店的差别。

Posted by i3lurker > 2020-11-05 23:47 | Report Abuse

an efficiency ratio of 91.7% for Parkson for audited 30 June 2019 actually means a PERFECT SCORE

a lot of people look down on Parkson
but Parkson financials is nothing to look down on.

Parkson is a Master Retailer who is an expert in the retailing business

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-11-06 00:13 | Report Abuse

Latest Information MrDiy Target Rm 2.00

Posted by KassimBaba7 > 2020-11-06 01:37 | Report Abuse

Well if you like PE30 with RM0.10/RM1.80 in nett value, sounds like a deal

Posted by Philip ( buy what you understand) > 2020-11-06 06:11 | Report Abuse

You have always been a poor performer in predicting businesses. All you have are bad comments and half baked opinions about companies that you don't understand. You like to simplify everything at the speed of light just like your shoddy knowledge of engineering or investment.

Name me one investment that you own and you think is good, and you can't even say it. Saying nonsense like "I don't own it but gdex is good, I told my friend to buy it" bla bla bla.

Why do you keep posting nonsense in the face of good growing results of a company that was performing in the middle of MCO?? You seem to be grasping at straws creating new metrics just to prove a point.

Ok your point made. You don't own mr diy. Mr diy is a lousy business. The qr earnings are all fake.

Can you stop trolling now and just walk away? No one actually wants to listen to you.


>>>>>>>>>

i3lurker more interesting info as follows

Mr DIE Retail efficiency over the years

2017 audited => 40.0%

2018 audited => 35.2%

2019 audited => 38.2%

2020 audited IPO Prospectus => 34.4%

2020 QR results 9 months => 34.7%

looks like had always been a low performer.
Not very good in retailing business at all.

===========================================

Parkson Audited 30 June 2019 => 91.7%

Parkson Audited 30 June 2020 => 75.2%


and the Winner is ==> Parkson <=== Shocking Result!!!!


Parkson 2020 results was a very bad year
but still did 2X better than Mr DIE


actually now you can see why Parkson managed to survive for so many years, it is very extremely efficient in doing Retail Business.
05/11/2020 11:43 PM

Posted by Philip ( buy what you understand) > 2020-11-06 06:14 | Report Abuse

To a man with a hammer, everything looks like a nail.

Any luck spotting growing and successful companies yet?

>>>>>>>>

i3lurker One of my core skills is in spotting financially distressed bankrupt companies.

I can see it from just a cursory glance at the QR announcements
05/11/2020 8:57 PM

Posted by Sslee > 2020-11-06 07:42 | Report Abuse

The question is how more MRDIY can grow in Malaysia and Brunei to deserve the valuation of Market Cap RM 11.47 billion?

Posted by Sslee > 2020-11-06 07:57 | Report Abuse

Haha i3lurker,
In future they going to have MYDIY superstores with Pakson, Aeon, FamilyMart, 7-eleven, mynews, 99, magnum, toto and etc inside these MRDIY superstores

Posted by Johngenting > 2020-11-06 08:57 | Report Abuse

They claimed this is BLUE CHIP ...?

Posted by speakup > 2020-11-06 09:08 | Report Abuse

who come nobody sell on good news?
speakup wanna buy @ 1.60 IPO price

Posted by speakup > 2020-11-06 09:09 | Report Abuse

when topglove last quarter announced excellent results, it dropped 10%
how come mrdiy no drop 10%? means results not excellent?

Posted by speakup > 2020-11-06 09:19 | Report Abuse

terasa sunyi disini
dead counter. speakup change mind. dun wan buy already. too quiet here

Posted by Rajuan_Singh > 2020-11-06 09:41 | Report Abuse

Let go 1521...

Posted by Sslee > 2020-11-06 09:46 | Report Abuse

KUALA LUMPUR (Nov 6): Affin Hwang Capital Reseach has maintained its “Sell” rating on Mr D.I.Y. Group (M) Berhad (Mr DIY) at RM1.88 with an unchanged target price (TP) of RM1.21, and said the firm’s earnings downside remains a risk in the subsequent quarters, considering: i) sporadic lockdown measures, ii) potential margin compression from accelerated store openings and iii) restocking activities trickling off.

Mr DIY registered a core net profit of RM113.5 million (+54% y-o-y) for 3Q20, on the back of higher store count and a pent-up sales recovery post-lockdown.

Affin Hwang noted that the decent 3Q20 earnings delivery was also largely aided by an expansion in gross margin by 2 percentage points to 42.4%, in part due to a lower base in 3Q19 on the write-off of certain non-compliant products.

“ The uplift is likely one-off, in our view, as we expect price competition intensity to remain elevated in the longer run.

“This, coupled with our projection of softer per store sales going forward, will likely further suppress margins as operational costs (such as rental & wages) start to outpace sales growth,” it said.

Affin Hwang made no changes to its earnings forecasts.

“Looking ahead, in view of CMCO reinstatement and given risk of lockdowns potentially stretching into 2021, we are keeping our cautious stance.

“With 60% of its stores located in malls, this may pose a threat to earnings over the near term.

“As such, its premium valuations are unwarranted and hence we maintain our Sell rating with an unchanged 12-month TP of RM1.21,” it said.

Posted by rulethemarket > 2020-11-06 09:57 | Report Abuse

MR DIY is moving fast into online b2c, seeing a lot of ad and banners online.... I think they are moving their base quickly due to MCO

Posted by Rajuan_Singh > 2020-11-06 10:01 | Report Abuse

Good result deserve good reflection on market

Posted by dusti > 2020-11-06 10:05 | Report Abuse

MRDIY is well managed. Many here made negative comments even though they have not even managed a small store
MRDIY SHOULD DO 2.00 SOON
Ss watch out for the bas

Posted by Pershing > 2020-11-06 10:16 | Report Abuse

Posted by Flyinghorse > Nov 5, 2020 10:47 PM | Report Abuse

http://www.theedgemarkets.com/article/mr-diy-posts-54-jump-quarterly-p...

73sen dividen.

laugh me die.... not 0.0073

Posted by DickyMe > 2020-11-06 10:55 |

Post removed.Why?

Posted by King7 > 2020-11-06 10:59 |

Post removed.Why?

Posted by ccy123 > 2020-11-06 11:10 | Report Abuse

very funny. affin Research on listing day set target 1.21. but now 1.91. a bunch of inexperience young naive analysts.

Posted by Sslee > 2020-11-06 11:15 | Report Abuse

I3lurker remember to say thank you when you finish dumping

Posted by khanchoon > 2020-11-06 11:32 | Report Abuse

NTA 0.0853 only share price 1.9

Posted by ccy123 > 2020-11-06 11:51 | Report Abuse

cash GENERATIVE company. Foreign Funds gave PE 32 2021. go count yourself their target price

Posted by Sslee > 2020-11-06 11:52 | Report Abuse

I3lurker you are no alone so many IB call warrants are with you.

Active Warrants
Name Type Listing Date Maturity Date Exercise Price Warrant Price Ratio Premium Gearing
MRDIY-CF CALL WARRANTS 03/11/2020 31/05/2021 1.00 0.675 1.5 : 1 0.092 (4.79%) 1.896
MRDIY-CG CALL WARRANTS 03/11/2020 31/05/2021 1.30 0.535 1.5 : 1 0.182 (9.47%) 2.392
MRDIY-CC CALL WARRANTS 03/11/2020 22/07/2021 1.70 0.125 4:1 0.28 (14.58%) 3.84
MRDIY-CD CALL WARRANTS 03/11/2020 22/07/2021 2.00 0.095 5:1 0.555 (28.90%) 4.042
MRDIY-CE CALL WARRANTS 03/11/2020 28/07/2021 1.80 0.13 3.8:1 0.374 (19.47%) 3.886
MRDIY-CB CALL WARRANTS 03/11/2020 30/11/2021 1.88 0.135 3:1 0.365 (19.01%) 4.74
MRDIY-CA CALL WARRANTS 03/11/2020 30/11/2021 1.55 0.19 3:1 0.20 (10.41%) 3.368
MRDIY-CH CALL WARRANTS 04/11/2020 10/05/2021 1.40 0.255 3 : 1 0.245 (12.76%) 2.509
MRDIY-CJ CALL WARRANTS 04/11/2020 27/09/2021 2.08 0.11 6 : 1 0.82 (42.70%) 2.909
MRDIY-CI CALL WARRANTS 04/11/2020 05/07/2021 1.88 0.16 4 : 1 0.60 (31.25%) 3.00

Posted by ccy123 > 2020-11-06 11:53 | Report Abuse

One Quarter 113m. 113m x 4 = 452m. if pe 32 then go count yourself

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-11-06 11:53 | Report Abuse

tell your guys to buy target mr diy rm 2.00

Posted by ccy123 > 2020-11-06 11:54 | Report Abuse

sslee. you need to learn Investment properly

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-11-06 11:55 | Report Abuse

I earn rm 30k

Posted by GENER > 2020-11-06 11:56 | Report Abuse

Hit RM2.00 MR DIY Become Mr Keng

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-11-06 12:01 | Report Abuse

anyone want to chase

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-11-06 12:02 | Report Abuse

go and chase and give money to us

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-11-06 12:03 | Report Abuse

chase chase chase

Posted by genghis > 2020-11-06 12:06 | Report Abuse

despite what some say its going to die.one thing for sure for short to mid term it is staying alive.ka ka and ka..

Posted by mf > 2020-11-06 12:07 | Report Abuse

take profit

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-11-06 12:07 | Report Abuse

DIE mean BUY BUY BUY......

Posted by 118168 > 2020-11-06 12:08 | Report Abuse

trading and investing . two different thing.

Posted by 118168 > 2020-11-06 12:09 | Report Abuse

so wise guy here. learn something new!

Posted by 118168 > 2020-11-06 12:17 | Report Abuse

self denial is NOT A GOOD virtue!!

Posted by pang72 > 2020-11-06 12:18 | Report Abuse

Everyone say no good but it only way going up!!