【行家论股】MYNEWS控股(MYNEWS,5275,主板消费股) 卖压沉重浮现价值
分析:大华继显研究
目标价:66仙
最新进展:
MYNEWS控股(MYNEWS,5275,主板消费股)的食品加工中心(FPC),在2022财年次季的使用率达到60%。
倘若撇除劳动短缺影响,管理层估计FPC的使用率将超过80%,高于70%的盈亏平衡点,是2019年推出以来首次实现盈利。
MYNEWS控股
行家建议:
在主打食品的CU便利店持续扩张,以及管理层打算在短期内改善店内产品,我们认为FPC有望在2023财年转盈。
目前,FPC加工厂的使用率只有一半,因此一旦达到饱和点,可增加班数使产能翻倍。
另外,尽管CU在商店的商品陈列方式、产品范围和产品质量方面,都落后于同行Family Mart,但整体而言仍对消费者具有相对吸引力。
此外,公司还需在2200名员工基础的上再增加500名人力,预计随着7月起新外劳的引进将得到解决。
我们预计,该公司料还会出现至少2个季度的亏损,不过亏损程度将收窄,并已纳入在预测里。
为此,我们维持财测。但影响评估的主要风险有CU便利店的执行能力,以及疫情卷土重来。
鉴于该股最近遭到抛售,价值已浮现,因此维持“买入”评级,及66仙目标价。
MYNEWS控股股价走势 13/7/22
https://www.enanyang.my/%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1/%E3%80%90%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1%E8%A7%86%E9%A2%91%E3%80%91mynews%E6%8E%A7%E8%82%A1-%E5%8D%96%E5%8E%8B%E6%B2%89%E9%87%8D%E6%B5%AE%E7%8E%B0%E4%BB%B7%E5%80%BC
Singapore Investment
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
What do I fear?20 hours ago
-
-
-
The Price Of A Thousand Yen23 hours ago
-
-
-
-
-
-
-
-
-
-
-
-
CICT 1Q2024 Business Updates2 days ago
-
-
-
-
-
-
-
-
-
Keyboarding Warriors3 days ago
-
-
-
-
Cory Diary : Portfolio updates4 days ago
-
-
-
Weekly Markets Outlook4 days ago
-
-
-
Portfolio Update5 days ago
-
-
-
-
-
-
-
-
-
Buying a home for face1 week ago
-
-
-
-
-
Finance Investment Movement 441 week ago
-
-
Market indeed coming down1 week ago
-
-
-
-
-
-
Banks and Miles Report – Mar 20242 weeks ago
-
Revisiting Bitcoin2 weeks ago
-
-
-
-
2024 (Portfolio Update)2 weeks ago
-
-
-
Retirement Journey Update for March 20243 weeks ago
-
-
-
1Q 2024 Investment Strategy Update3 weeks ago
-
-
Portfolio Summary for March 20243 weeks ago
-
-
-
Portfolio (March 30, 2024)4 weeks ago
-
-
-
QAF #77 - 2023 Annual Report4 weeks ago
-
Lentor Hills Residences4 weeks ago
-
Burnt out!4 weeks ago
-
-
-
Feb 2024 Expenditure4 weeks ago
-
-
Starting Our Second Property Cycle5 weeks ago
-
-
-
-
-
-
-
Feb 2024 Portfolio1 month ago
-
-
Summary of February 20241 month ago
-
The Market Is A Scam!1 month ago
-
-
-
-
-
-
-
-
-
Options Trading Journal Jan 20242 months ago
-
-
-
-
-
-
-
End of 2023 Review3 months ago
-
-
Year 2023 DIYQuant Portfolio Performance Report3 months ago
-
Monthly Summary of November 20234 months ago
-
3 Simple Poker Strategies for Beginners4 months ago
-
Migration of website4 months ago
-
-
Abandon REITS?5 months ago
-
-
-
-
-
-
-
-
-
August 2023 Portfolio Updates7 months ago
-
-
-
-
Hello SP Group, I'm Back!9 months ago
-
-
-
-
A New Light11 months ago
-
-
-
-
-
-
-
Demoralized1 year ago
-
2022 Thoughts, Hello 2023!1 year ago
-
Series of Defaults for Maple Finance1 year ago
-
Takeaways from “Sea Change”1 year ago
-
-
Greed is Coming Back1 year ago
-
-
-
-
-
-
-
-
-
-
-
What is Overemployment1 year ago
-
-
-
-
-
-
-
-
-
-
-