Posted by EatCoconutCanWin > 2021-07-13 21:12 | Report Abuse

Run. MCO no business, ppl suffering no money to spending.

Posted by wilxom > 2021-07-13 21:16 | Report Abuse

Sold all bought during IPO, will re enter when there is u turn

Posted by vignesh85 > 2021-07-13 21:19 | Report Abuse

At current level, it is a buy..RSI at oversold region already.

Posted by EatCoconutCanWin > 2021-07-14 08:54 | Report Abuse

TP 2 only. Making huge loss as MCO in Selangor n kuala Lumpur. Rental + admin fee enough to drag to huge losses.

Posted by shiby > 2021-07-14 14:20 | Report Abuse

awaiting to reenter soon. good thing people panic and push price down.it will rebound soon

Posted by Ahboy96 > 2021-07-14 14:52 | Report Abuse

RM3.00 coming soon

Posted by EatCoconutCanWin > 2021-07-14 16:06 | Report Abuse

Bloody hell

Posted by NoviceFish > 2021-07-14 17:36 | Report Abuse

The confirmed cases reach 11k again. Soon, Mr Diy will drops significantly. This stock is hopeless, dont buy it until RM0.14. For all the shareholder, sell it now before lost more.

Posted by Geek2020 > 2021-07-14 20:11 | Report Abuse

Absolutely nonsensical. Due to political issues and higher covid number, sentiment is bad accross KLCI. Even Public Bank is downtrending. Intelligent investor will start loading the shares now albeit slowly. Our vaccination rate is one of the highest in the world now. Give another 2 weeks, you will see the difference. Cases are high because testing is being ramped up. That means more infected people will be isolated and chances of community transmission will be lesser.

Posted by Geek2020 > 2021-07-14 20:25 | Report Abuse

https://www.thestar.com.my/news/nation/2021/07/14/malaysia-to-move-towards-phase-2-by-early-aug-says-ismail-sabri?fbclid=IwAR3vF4J2pAm_dRIapoUSB9P5HaM5KCHt_xuQNi4ZedSJzzIMP_XO_QPXsak

Posted by Geek2020 > 2021-07-14 20:25 | Report Abuse

Buy when everyone is fearful..

Posted by Jeffreyteck > 2021-07-15 08:28 | Report Abuse

Uum almost equivalent to supermax. LT negative due to missing DY, low nta, business model relying on expensive outlets costs. Goreng anyway, on news etc.

Posted by Bgt 9963 > 2021-07-15 09:08 |

Post removed.Why?

Posted by morgan88 > 2021-07-15 11:40 | Report Abuse

Big shark been waiting for 10,000 covid mark, buy when all hope lost

Posted by shiby > 2021-07-15 11:49 | Report Abuse

why rebound already.i am still accumulating

Posted by NoviceFish > 2021-07-15 13:52 | Report Abuse

Don't buy it yet. It's just a fake rebound planned by big shark. It will drop again very soon.

Posted by paktua73 > 2021-07-15 15:51 | Report Abuse

yes after final reloaded
now mrdiy up


tut tut
lucky

Posted by dianatrader > 2021-07-15 15:53 | Report Abuse

Fake rebound?

There are different between fake and technical rebound

Posted by NoviceFish > Jul 15, 2021 1:52 PM | Report Abuse

Don't buy it yet. It's just a fake rebound planned by big shark. It will drop again very soon.

Posted by Geek2020 > 2021-07-15 17:33 | Report Abuse

It rebounded because we will go to phase 2 soon in 2 weeks. Soon government wont prioritize daily infection numbers once enough population is vaccinated. Like the UK. As long hospitalization drops, we will reopen and learn to live alongside the virus. Politically, it is clear government wont be toppled.

Market is absorbing this.

Posted by paktua73 > 2021-07-16 10:23 | Report Abuse

morning...
paktua decided will final reload at 3.17
if not reach paktua will what bodo jer..


tut tut
lai lai..

Posted by Lawman > 2021-07-16 17:25 | Report Abuse

So many forum people already warned that this counter is over priced and doing business in a highly competitive market with low margin yet still ada so many others believe in it and buying more and more shares as it falls. When asked to explain the rational just keep supporting saying it is such a great company bla bla but nothing material to add.

Hmmm. Better to just donate your money to Tabung Covid or the local foodbanks.

Where are all the jokers few months ago saying TP5/7 etc etc???

Posted by Lawman > 2021-07-16 17:30 | Report Abuse

NoviceFish no need to warn them so much, some people just won't get it.... time will show how this MrDIY story turns out.... share price dropping n dropping but it is still worth RM21.5 billion... crazy!!

Posted by Geek2020 > 2021-07-16 18:30 | Report Abuse

https://www.nst.com.my/business/2021/02/666588/mr-diy-posts-higher-net-profit-revenue-fy20

Posted by Geek2020 > 2021-07-16 18:31 | Report Abuse

They still can post profit despite MCO. Imagine the prospect when things turn to normal

Posted by Lawman > 2021-07-16 21:39 | Report Abuse

Not much to imagine... MRDIY already has ~35%+ of the market share for home improvement. FY2020 PAT is RM337 million. Earnings quoted in the NST news report in the above link is totally wrong. Please refer to the 2020 annual report or Bursa filings.

Say lah HIGH CASE estimate MRDIY can somehow earn RM700 million PAT for 2021 (more than 2x 2020 earnings) and increase market share. Their dividend policy is 40% x 700 = RM280 million dividends = 4.4 cents paid per share. Meaning your yearly dividend yield is only 1% (lower than FD).

Market cap today is RM21.5 bilion with high case earnings assumption of RM700 million means it is equivalent of 30.7 years of earnings (over valued). NTA 16 cents meaning you sell the entire company each shareholder will only get back 16 cents per share (over valued). Revenue Q4 2020 versus Q1 2021 increase by 100million (30% increase) but net profit increased only 15% meaning margins are being scarified to get more sales. Q1 2021 net profit is at RM125 million and if it does not keep growing in the subsequent quarters then it will be very unlikely to achieve a spectacular growth rate to support its already high valuation. EPS for RM700 million PAT would be 11.2 cents (Year 2020 is 5.4 cents) meaning the PE ratio for high case 2021 earnings 30.5 which is very high for a non-tech stock with low dividend yield.

Posted by Geek2020 > 2021-07-16 22:44 | Report Abuse

If PE was the justification, glove stocks wont be where it is today. Valuation methods is very subjective. Share price is reflective of what investors are willing to pay for the company. Look at so many high PE companies. Genting having negative PE but share price well supported. Mr DIY is heavily institutional. Time will tell

Posted by Bgt 9963 > 2021-07-17 09:09 |

Post removed.Why?

Posted by Jeffreyteck > 2021-07-17 09:24 | Report Abuse

Glad to see many supporters.

Posted by zanbini > 2021-07-18 09:23 |

Post removed.Why?

Posted by Geek2020 > 2021-07-18 16:58 | Report Abuse

Malaysia’s cases will drop as vaccination efforts are underway. We are leading the world in terms of the vaccination rates. Foreign investors will soon return. So buy now. Watch KLCI recover soon as the economy reopens. The reopening trades are just at the beginning

Posted by DingHai888 > 2021-07-19 11:08 |

Post removed.Why?

Posted by shavemyfurm > 2021-07-19 16:12 | Report Abuse

Thanks for the info DingHai888

Posted by Geek2020 > 2021-07-19 19:09 | Report Abuse

https://www.theedgemarkets.com/article/touch-n-go-mr-diy-announce-strategic-collaboration

Posted by Adam Lim > 2021-07-21 10:50 | Report Abuse

why it drops so much today?

Posted by Sslee > 2021-07-21 11:08 | Report Abuse

Bad quarter result coming

Posted by Jane123 > 2021-07-21 11:27 | Report Abuse

will it bound back to 3.47? in few week time

Posted by Jane123 > 2021-07-21 11:28 | Report Abuse

i bought at 3.47, should i sell at lose now, or wait until it rebound?

Posted by morgan88 > 2021-07-21 11:44 | Report Abuse

GENM reported 500million lost in last quarter. What's MRDIY P/E number

Posted by lsyiat > 2021-07-21 11:45 | Report Abuse

next stock dropping out from KLCI soon

Posted by shiby > 2021-07-21 11:45 | Report Abuse

Impact of the deal with t n go will be minimal.let say if 2% of 16 million t n go customer buy RM10 each month = 3200000 person x rm10=Rm3.2 million sale per month or RM38 million sale per year. Rounghly sale increase 5% compare to last year. But cost of opening new store will also increase. Price will not go up if profit didnt increase and foreign fund manager keep on selling

Posted by Geek2020 > 2021-07-21 11:47 | Report Abuse

Aiya. Drop a bit sudah keluar say this and that. Funds will rebalance. Some
Will sell and some will buy. Support pretty strong at these levels

Posted by Geek2020 > 2021-07-21 11:48 | Report Abuse

Major cornerstone investors like Creador pun tak takut.. chill la. Invest for medium term.. reopening trade has a long way to go..

Posted by The_JQuestion > 2021-07-21 12:35 | Report Abuse

make me think all malaysians are super weak holder turun sikit sudah mau sell....what the reason u buy just to goreng??
whr investors laaa mau cari duit senang saja HOHOOOOO......

Posted by Geek2020 > 2021-07-21 12:40 | Report Abuse

https://www.theedgemarkets.com/article/kenanga-starts-coverage-mr-diy-outperform-call-tp-rm410

Posted by Geek2020 > 2021-07-21 12:40 | Report Abuse

Baru masuk.. buy and hold la.. dont speculate..

Posted by DickyMe > 2021-07-21 12:42 |

Post removed.Why?

Posted by Stockisnotfun > 2021-07-21 12:43 | Report Abuse

Nowadays apa pun ipo company also want enter stock market. Senheng mr diy and those rubbish company

Posted by DickyMe > 2021-07-21 13:01 | Report Abuse

KLSE is one big "tong sampah" and that is why many rubbish stocks are listed..kikikiki

Posted by Geek2020 > 2021-07-21 13:43 | Report Abuse

Alamak. These people have moved from rubber glove counters and starting to spam other counters

Posted by stockfreak > 2021-07-21 14:24 | Report Abuse

The goreng institution has new love CTXX?