Posted by pang72 > 2020-11-06 22:14 | Report Abuse

If I learn from Warrant buffet for value investing then people buying GET IS HUAT 1000% THEN ME IN FEW WEEKS..

KNN... I LEARN GORENG OISANG BETTER THEN!!!

Posted by 118168 > 2020-11-06 22:15 | Report Abuse

brutus..trading is all about probabilities. Investment is differentloh!

Posted by pang72 > 2020-11-06 22:16 | Report Abuse

Yes!..

Sometime I trading!

Sometime I invest!

Posted by pang72 > 2020-11-06 22:17 | Report Abuse

Mr DIY 400mils profits per year is not joke!!

Not many compsny can delivery this result!!

Posted by Rajuan_Singh > 2020-11-06 22:18 | Report Abuse

Monday to continue

Posted by 118168 > 2020-11-06 22:22 | Report Abuse

Learn..more..more flexible.more sensitive to surrounding .When you think that you KNEW everything..THEN you destine to DOOM in market..

Posted by 118168 > 2020-11-06 22:24 | Report Abuse

I believe..he has more than that..

Posted by Decken > 2020-11-06 22:40 | Report Abuse

Let's hear from those naysayers & kids. It's $2.04 as of today

Posted by pang72 > 2020-11-06 22:50 | Report Abuse

.. Buy stock la..
Tslk what karma...

I am NOT FAT GUY.....

YOU TALK KARMA TO HIM..

DONT TELL ME THIS!!

Posted by pang72 > 2020-11-06 22:51 | Report Abuse

LATER, I GO TUA PEK KONG ASK HIM FOR TIPS... WHICH ONE YO BUY.....!!!

Posted by pang72 > 2020-11-06 22:54 | Report Abuse

Budget gave out billions ringgit for Rakyat to buy grocery in Mr DIY...

Sure going up la!!

Posted by GENER > 2020-11-06 23:24 | Report Abuse

OMG ... Karma Also Come out !

Posted by Rajuan_Singh > 2020-11-06 23:27 | Report Abuse

One more push on Monday .....

Posted by DickyMe > 2020-11-07 09:05 |

Post removed.Why?

Posted by Sslee > 2020-11-07 09:23 | Report Abuse

Dear i3lurker,
Can I ask you for a favor?
Please please go to Insas and buy powerfully many lots. Me silly feller already stuck inside no way to escape for the last 3 year.

My thousand thanks in advance

Posted by i3lurker > Nov 6, 2020 10:31 PM | Report Abuse

karma is very powerful
when I buy to help people, I always make money 100% of the time

sometimes a very silly feller will come and promote a very lousy stock
I know he is already stuck inside no way to escape.
stock is illiquid no buyer and no seller

so I go there and buy powerfully many lots
someone else sees my powerful buy and he buys also
share price goes up

I then dump off all my shares, exit at a profit.

win win for everyone

Posted by siradrian > 2020-11-07 09:38 | Report Abuse

Where the F are the haters? Did they just turned into fans??

Posted by Sslee > 2020-11-07 09:46 | Report Abuse

Affin-Hwang pointed out that the decent earnings delivery for the third quarter ended Sept 30 (3QFY20) was also largely aided by an expansion in gross margin by 2ppt 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,” wrote AffinHwang in its quarterly result review.

Also, AffinHwang noted that the group’s revenue per store declined 13% y-o-y for the nine-month period ended Sept 30, averaging RM289,000 per month compared with RM331,000/month a year ago.

“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. Its target price is based on a forward price-earnings ratio of 21 times.

“An accelerated store count in our view may be counterproductive in a softer same store sale growth environment,” it said.

Posted by Treasure_stalker > 2020-11-07 09:48 | Report Abuse

Given that MRDIY will declare an interim dividend with RM0.0073/share. So exactly how much is the dividend yeild?

Calculation: RM0.0073 / Current share price? Is that true????

Based on current share price of RM2.04
Dividend Yeild: RM0.0073/RM2.04 = 0.357%???

Posted by pang72 > 2020-11-07 10:58 | Report Abuse

When sky is the limit for Mr DIY
By Cheah Chor Sooi
22 hours ago
in Markets, Top

LOFTY valuation as reflected in its initial public offering price of RM1.60 is fast forgotten as Mr DIY Group (M) Bhd surprised its loyal – or rather brave-hearted – investors by posting hefty earnings for its 3Q FY2020.

This is after the home improvement retailer posted a 54% jump in net profit to RM113.45 mil for that financial period ended Sept 30,2020 from RM73.62 mil a year ago on the back of higher sales.

For the quarter under review, the company recorded a 32% surge in revenue to RM740.2 mil from RM561.72 mil in the corresponding quarter last year. An interim dividend of 0.73 sen was declared.

Moving forward, UOB Kay Hian’s foresees that Mr DIY’s sturdy revenue growth will be underpinned by its store expansion.

“Based on our net additions assumption of 127/170/170 stores over 2020/2021/2022, average store count could grow by 20-28% over our forecasted period,” wrote analyst Philip Wong in a results review.

“Mr DIY’s store expansion includes other distinct store formats (ie Mr Dollar and Mr Toy), accounting for 43% of its store expansion.”

All-in, UOB Kay Hian Research maintained a “buy” rating on Mr DIY with a target price of RM2.20 based on 31 times its FY2021F price-to-earnings ratio (PE).

“Its regional ASEAN peers are trading at an average of 26.6x FY2021F PE, but we opine that Mr DIY well deserves a 15% premium to its peers,” reckoned the research house.

This is due to the company’s (i) significantly superior four-year earnings compound annual growth rate (FY2017-FY2021F) outlook of 20.6% which is more than double its peers’ average of 8.1%; (ii) its established track record and it being the largest home improvement retailer in Malaysia; and (iii) home improvement spending in Malaysia is among the highest in the ASEAN region.

If this is too low, UOB Kay Hian Research said its “blue-sky valuations” suggest a target price of RM2.50.

“This is premised on Mr DIY trading at a premium of 25% at 35.3 times FY2021F to its regional peers,” projected Wong.

Consistent execution for a large-cap consumer company has seen the likes of Nestle (M) Bhd and QL Resources Bhd commanding lofty valuations at 52.7 times and 49.5 times respectively, according to the research house.

“Therefore, a rerating on Mr DIY’s valuations going forward would not be too far-fetched,” suggested Wong. “Additionally, expansion of its new store format, Mr Dollar could prove an additional leg of growth.”

The key downside risks are extended movement control order-like conditions, weakening of the ringgit against the renminbi, and trade restrictions by China.

At 4pm, Mr DIY was up up 15 sen or 7.98% at RM2.03 with 45.96 million shares traded, thus valuing the company at RM12.38 bil.



P/S: The writer wishes to apologise to viewers for mistakenly stating Mr DIY’s interim dividend as 73 sen instead of 0.73 sen in the original article.

Posted by pang72 > 2020-11-07 10:58 | Report Abuse

Macam OK wo!!

Posted by pang72 > 2020-11-07 11:07 |

Post removed.Why?

Posted by pang72 > 2020-11-07 11:07 | Report Abuse

CEO cakap OK wo!!

Posted by Philip ( buy what you understand) > 2020-11-07 11:38 | Report Abuse

I3lurker, you are like a drunk dog always barking. Bark bark bark bark. So much noise but nothing of use. Here let me show you how it is done.

First you start with a properly trackable portfolio.

https://klse.i3investor.com/servlets/pfs/120720.jsp

Then you start putting in your investments and track it on the long term. If you start to have good results then you can brag or comment.

Until then you are just an internet troll with useless comments and less then average intelligence if you don't know what I mean.

Nothing you say can be trusted, you don't have a track record, and the comments you made are just useless.

Who cares if you made money on a bankrupt pn17 company. It just shows how low class you are even more than anything.

Speed of light, remember?

Posted by pang72 > 2020-11-07 11:45 | Report Abuse

Billions ringgit budget announced for consumer to buy more Mr DIY goods..

This is why Friday chook up...!!

Posted by pang72 > 2020-11-07 11:46 | Report Abuse

Government encourages more spending to rescue the economy...!!

Posted by pang72 > 2020-11-07 11:57 | Report Abuse

KUALA LUMPUR, Oct 28 — The owners of Jaya Grocer in Malaysia are contemplating selling a controlling stake in the company, sources said.


Bloomberg reported that the deal could value the supermarket chain at US$200 million (RM831.1 million) and non-bidding bids are due as soon as November, the financial portal reported quoting sources close to the matter.

Jaya Grocer and Village Grocer are the two biggest retailers in the country.

Advertising

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Jaya Grocer’s owners are the Teng family and Asean Industrial Growth Fund (AIGF). They have stores in high-end residential areas like Bangsar and Gardens in MidValley Megamall as well as in Damansara Perdana, Emporis Kota Damansara and Mutiara Tropicana.


According to Bloomberg, negotiations are ongoing but the deal itself is not certain.

Jaya Grocer, founded in 2007, is operated by Trendcell Sdn Bhd, which was set up with the aim of establishing a premium supermarket grocer

Posted by pang72 > 2020-11-07 12:01 | Report Abuse

Why Jaya grocer can fetch high valuation??

Posted by flyingtomoon2020 > 2020-11-07 12:05 |

Post removed.Why?

Posted by Philip ( buy what you understand) > 2020-11-07 13:00 | Report Abuse

How do you even know that? What is the basis of your claims? Really good troll., Margins better than mr diy? Really? Operational costs alone you know which one higher to run?

Posted by anthonytkh > 2020-11-07 13:20 | Report Abuse

I don’t think it’s logical to compare Aeon or Parkson with MrDIY. Aeon and Parkson are not only retailers but property investors collecting rental income

I think it’s better to use/compare SPSF (sales per square feet)

Posted by Philip ( buy what you understand) > 2020-11-07 13:37 | Report Abuse

Luckily i3lurker deleted his fake poorly thought of post.

You know young man... If you don't know no one will blame you or say bad things about you.

All you need to do to gain respect is to stick to your area of competence. If you really know about something and comment, you will be appreciated. It is when you give some silly comments that anyone can see is a troll remark that is not well thought of, that even old men like me need to scold you for it, then you should realize how one must act.

Be honest, be transparent.

If you bought a stock and you know well enough about it to comment, you will be commended.

If you don't know anything but talk so much as if you are an expert, all you are doing is making a fool of yourself.

The question now is: are you still going to embarrass yourself to the world on something you have no idea about?

If you stay quiet, no one will say you are dumb.

Posted by Philip ( buy what you understand) > 2020-11-07 13:42 | Report Abuse

Again, did you take into account the latest qr results in the middle of MCO? Everyone is skipping the malls and going straight up the standalone shops. What has the latest qr results to say?

You are wrong. Wrong. Wrong.

I bought cheap mrdiy IPO when no retailer want to buy it, 100% captured.

Bought it at 1.60. now it is 2.04. 100 million in net profit in the middle of MCO.

So how now brown cow?

>>>>>>>>

i3lurker very sensitive to sales drops

https://www.theedgemarkets.com/article/mr-dont-invest-yet

Is this already happening to Mr DIY? The company’s same-store sales growth (SSSG) has been falling rapidly over the past three years — slowing from 6.5% in 2017 to 4.5% in 2018 and further to just 1.8% in 2019. In effect, the strong sales growth in the past two years came primarily from new store openings
07/11/2020 1:36 PM

Posted by Philip ( buy what you understand) > 2020-11-07 13:47 | Report Abuse

Speed of light embarrassment.

I will stop here. You have zero transparency. Zero historical basis. No positions.

But 5000 comments. Every single one negative.

Shows a lot more about you and a person than anything else.

Nothing to learn here from you. Moving on.

Have your fun troll, I'll just keep earning my money.

Posted by Philip ( buy what you understand) > 2020-11-07 15:00 | Report Abuse

Post all you won't, your "research" means nothing at all.

Posted by anthonytkh > 2020-11-07 15:07 | Report Abuse

Philip, the more you feed the more they feel emboldened. Just forget them

Posted by Sslee > 2020-11-07 15:49 | Report Abuse

Dear i3lurker,
May I ask a question since Parkson and Aeon Absolue Retail Efficiency is higher than MRDIY then why MRDIY able to earn net profit of RM 100 million per quarter while Parkson is loss making and Aeon profit is abt 100 million per year?

Posted by i3lurker > Nov 7, 2020 1:56 PM | Report Abuse

posting these figures again due to special Request

Absolute Retail Efficiency

Parkson 42.6%
Aeon 49.8%

Mr DIE 34.7%

Posted by Sslee > 2020-11-07 16:23 | Report Abuse

Thanks i3lurker one more question what it mean by profits are inflated by landlord contributions for fit-out?

Our conclusion: The business is fundamentally sound in that Mr DIY has very successfully targeted and captured a market segment.

Over the past few years, Mr DIY’s growth has been driven by aggressive new store openings. But we think this pace is not sustainable. Competition is intensifying with the emergence of numerous big-box retailers based on a similar concept and, of course, e-commerce. In fact, the increasingly saturated market may be a big reason that SSSG is declining rapidly.

The combination of slowing store openings, owing to saturation, and flattish or even negative SSSG, would not bode well for overall growth prospects going into the future.

This would make it difficult to justify its high 30 times PE valuation — especially when profits are inflated by landlord contributions for fit-out, which is based on the number of new store openings, while overall profit margin is on the downtrend.

Posted by Philip ( buy what you understand) > 2020-11-07 16:25 | Report Abuse

Yes, should learn to ignore trolls like these, every thread he goes to her tried to invest l infect with his weird concepts and ideas. In jaks he comments with his speed of light comments. In QL he has his own comments, diy also he got his own weird comments.

He still doesn't realize that his comments and his performance are too far apart to take him a seriously.

But waste of time to even have a discussion with trolls, they will just beat you down with stupidity and pull you down to their level.

But in the end who has the 25% returns and who has nothing but lousy comments and ideas?

Obviously the one that talks the most has the least to learn from.

Posted by 118168 > 2020-11-07 19:20 | Report Abuse

i3lurker. I truly agreed with you. MRd. Future will not be rosy. End of the day...price definitely will goes below $1.00.BUT..but before this...share price will SHUT up...give you big opportunities to make BIG FAT fast $$$.
You want to make $$$.Or to be RIGHT..but miss the opportunities to make some pocket money.Actually.you are a GOOD man. Just want to ALERT everyone about this.
OGAWA..Can you recall the chronicles???But it works in different way.

Posted by 118168 > 2020-11-07 19:42 | Report Abuse

not about the company BUT as a tool to make$ from market..

Posted by pang72 > 2020-11-07 19:48 | Report Abuse

So how??
Continue to huat everyone from 1.60 to 2.04...

-then 2.04 to 2.50 with superd growth...

All shareholder celebrating with DIY....

Posted by pang72 > 2020-11-07 19:49 | Report Abuse

Cold eye said company must growth..

Don't buy if no growth...

Mr DIY growing so rapid... Exceed cold eye expe ration...

Posted by Philip ( buy what you understand) > 2020-11-07 19:49 | Report Abuse

Reposting this before the troll deletes his post as usual.

Trolls are so full of lies that he creates stories about himself, not realizing that in trying to lie he traps himself with more lies.

So, late twenties early thirties, only have borrowed money 3k, keep gambling and losing money until everything is negative and black.

Now we know the reason behind the negativity. Those who make money are always positive. Those who keep losing money are always negative and black and full of self made stories and lies.

Clear and present danger?

Clear and present lies more likely.

So sad that young kids spend more time talking about how "successful" they are instead of actually going out there working hard and being successful themselves.

When a retiree like me can smell your bullshit, I wonder if your friends and neighbors ever tell you too?

Very sad indeed. Before IPO talk nonsense, after IPO up 8% talk more nonsense, now up 27% talk even more nonsense?

Like a movie once said, money talks and bullshit walks.

And you i3lurker, are so full of shit you have poisoned a thread to get knowledge into your own personal toilet.

>>>>>>>>

Posted by i3lurker > Nov 7, 2020 7:15 PM | Report Abuse

sslee

There is a real reason why I cannot do that.
There is a clear and present danger that someone with surname initial T will sell powerfully to me when I do that.

My father was a well known commodities trader,
you cannot invest in commodities, you can only trade.
Trading is in my DNA.
Started at age 26 in BURSA with RM3,000.00 all borrowed of course.
Had never invested in my entire life...

The First Law of Trading is that The River Water does not disturb the Well Water.

Posted by anthonytkh > 2020-11-07 20:17 | Report Abuse

It’s so obvious

Either some believe a person that has nothing good to say about a stock and keeps posting here or some will not believe

Why does someone here keep saying negatives and copy-paste stuff he “researched”? Why only negatives? To give “advice” because he “cares” about strangers? It’s obvious. Ulterior motives

To all that bought this counter, just watch the trend if you trade or just be steady if you invest. That’s basically it

Just look at all those IBs that have their own ulterior motives when revealing their “research”. Think of Macquarie regarding Top Glove (in short, MQ was trying to short TG, no pun)

Look at the actual scenario. Study MrDiy latest QR (*esp* their non current assets, their rights-of-use non current assets, their lease liabilities which is directly related to their rights-of-use non current assets, etc)

MrDIY can very easily raise RM500M by monetizing their non-current assets (those in the know will know what I mean) and they will make extraordinary profit and declare special dividend

Posted by Sslee > 2020-11-07 21:29 | Report Abuse

Dear i3lurker,
INITIAL PUBLIC OFFERING ("IPO") OF UP TO 941,490,000 ORDINARY SHARES ("IPO SHARES") IN MR D.I.Y. GROUP (M) BERHAD ("MDGM") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ORDINARY SHARES IN MDGM ("SHARES") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING AN OFFER FOR SALE OF UP TO 753,090,000 EXISTING SHARES ("OFFER SHARES") AND A PUBLIC ISSUE OF 188,400,000 NEW SHARES ("ISSUE SHARES")

In fact, RM1.2 billion of the RM1.5 billion raised in the IPO will go to existing shareholders, whose stake would drop to 27.2% post-IPO.

Market Cap: 12,443 Million
NOSH: 6,100 Million

My question: IPO OF UP TO 941,490,000 ORDINARY SHARES COMPRISING AN OFFER FOR SALE OF UP TO 753,090,000 EXISTING SHARES ("OFFER SHARES") AND A PUBLIC ISSUE OF 188,400,000 NEW SHARES ("ISSUE SHARES") then why NOSH of 6,100 million and if existing shareholders, whose stake would drop to 27.2% post-IPO then who holding the balance shares of (6,100 - 0.272x 6,100 - 941.49)=3499.31 million

By the way on Insas I know the value of Insas and do not mind holding it for the last 3 years.

Posted by Sslee > 2020-11-07 22:11 | Report Abuse

941.49/6100 = 15.43%.
Is this below min of 25% shareholders spread.
So do controlling shareholder and PAC need to sell down their holding to comply with listing min 25% shareholders spread?

Posted by pang72 > 2020-11-07 22:33 | Report Abuse

Anybody can answer Mr DIY raise from 1.60 to 2.04?

Why up?

Posted by pang72 > 2020-11-07 22:44 | Report Abuse

该公司文告指出，该公司第三季业绩表现亮眼，主要是旗下每间分店平均每月销售量按年增加7%，以及每店营运开支兑营收率走低，即前期的18.4%降至17.3%等利好所推.


GOOD NEW... EVERY STORE REVENUE INCREASE MONTHLY...

OPERATINGVCOST GOES DOWN...

NO WNODER PROFIT SO GOOD!

Posted by pang72 > 2020-11-07 22:45 | Report Abuse

pang72 Anybody can answer Mr DIY raise from 1.60 to 2.04?

Why up?


I GOT THE ANSWER.. LIAO

Posted by pang72 > 2020-11-07 22:48 | Report Abuse

MR DIY expects online sales to grow significantly
TheStar Fri, Nov 06, 2020 09:00pm - 1 day ago



KUALA LUMPUR (Bernama) -- MR DIY Group (M) Bhd expects its e-commerce platform to grow significantly as more Malaysians have become comfortable with the use of technology and mobile apps.

Vice president of marketing Andy Chin said e-commerce had taken on a greater role in the lives of Malaysians as more people began embracing online shopping during the Movement Control Order (MCO) imposed by the government early this year.

"People still enjoy their shopping experience. They just want to curtail any habits that put pressure on their wallets. So no, we do not see physical stores becoming redundant. We believe that there is still an appeal to physical stores that online platforms cannot replace,” Chin told Bernama.

He noted that one of the main reasons MR DIY had not only survived but thrived under challenging conditions was its commitment towards its core values by putting the customers first by providing them good quality value-for-money products.

During the MCO in March this year, Chin said, the group ensured that its online e-commerce platform, www.mrdiy.com.my, was ready to meet the heightened demand.

MR DIY also revised its online business strategy during the MCO period and stocked the three most sought-after essential items, namely face masks, hand sanitisers, and face shields, he added.

"We also stocked up on home entertainment, home office, home school, gardening, baking and cooking products, as we saw a surge in demand for these items,” said Chin.

He added that the group had also deployed its existing employees into customer service roles, to respond to customer enquiries.

"Our customer centre calls increased during the MCO period, and our staff worked very hard to ensure the response was timely. We also beefed up the warehouse staff to ensure we could keep up with demand, whilst operating in accordance with the standard operating procedures set by the government,” said Chin.