Latest news with #MrDIY
New Straits Times
5 days ago
- Business
- New Straits Times
Mr DIY's Q2 earnings outlook steady, shares trade discount
KUALA LUMPUR: Mr DIY Group (M) Bhd's upcoming second-quarter results are expected to be in line with market expectations, supported by strong gross profit margins and continued outlet expansion, said RHB Investment Bank Bhd. The home improvement retailer is scheduled to release its results on Aug 13, with net profit estimated at RM150 million to RM160 million, broadly unchanged from RM155 million a year earlier but down from RM174 million in the first quarter. RHB analyst Soong Wei Siang said same-store sales growth is likely to moderate from the 0.6 per cent recorded in the first quarter of 2025 (1Q25) due to weaker seasonality and subdued consumer sentiment. "On a more positive note, the heightened gross profit margin of 47.8 per cent in 1Q25 should hold up, driven by favourable foreign exchange trends and increasing economies of scale," he said in a note. The research house maintained its "Buy" call on Mr DIY with a target price of RM1.87, implying a 16 per cent upside and a forecast dividend yield of four per cent for financial year 2026 (FY26). It noted that Mr DIY's shares trade at a 20–30 per cent discount to peers despite offering comparable earnings visibility and a strong market position. Soong said inflationary pressures continue to push consumers to downtrade and seek value-for-money products, a trend that bodes well for Mr DIY. "With over 1,400 stores nationwide, a strong brand and affordable product range, the group is well-positioned to capture resilient domestic spending," he said. He added that the government's Sumbangan Asas Rahmah programme could be another avenue to attract lower-income shoppers if participation is expanded beyond the current limited number of outlets. Mr DIY plans to open at least 190 net new stores this year, including new formats with Chinese partner KK Group, which will broaden its product mix into beauty, wellness, lifestyle and fashion, appealing to female and Gen Z consumers. RHB Research expects sustained gross profit margin tailwinds to offset rising operating costs from wage, rental and utility hikes linked to government reform measures.
Yahoo
14-07-2025
- Business
- Yahoo
Mr D.I.Y. Group (M) Berhad's (KLSE:MRDIY) largest shareholders are private companies with 50% ownership, institutions own 22%
Significant control over Mr D.I.Y. Group (M) Berhad by private companies implies that the general public has more power to influence management and governance-related decisions The largest shareholder of the company is Bee Family Limited with a 50% stake 14% of Mr D.I.Y. Group (M) Berhad is held by insiders We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Every investor in Mr D.I.Y. Group (M) Berhad (KLSE:MRDIY) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 50% to be precise, is private companies. In other words, the group stands to gain the most (or lose the most) from their investment into the company. And institutions on the other hand have a 22% ownership in the company. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Let's take a closer look to see what the different types of shareholders can tell us about Mr D.I.Y. Group (M) Berhad. Check out our latest analysis for Mr D.I.Y. Group (M) Berhad Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. As you can see, institutional investors have a fair amount of stake in Mr D.I.Y. Group (M) Berhad. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Mr D.I.Y. Group (M) Berhad's earnings history below. Of course, the future is what really matters. Hedge funds don't have many shares in Mr D.I.Y. Group (M) Berhad. The company's largest shareholder is Bee Family Limited, with ownership of 50%. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. Meanwhile, the second and third largest shareholders, hold 8.5% and 3.9%, of the shares outstanding, respectively. In addition, we found that Chu Ong, the CEO has 0.5% of the shares allocated to their name. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our information suggests that insiders maintain a significant holding in Mr D.I.Y. Group (M) Berhad. It is very interesting to see that insiders have a meaningful RM2.3b stake in this RM16b business. Most would say this shows a good degree of alignment with shareholders, especially in a company of this size. You can click here to see if those insiders have been buying or selling. The general public-- including retail investors -- own 14% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. It seems that Private Companies own 50%, of the Mr D.I.Y. Group (M) Berhad stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. It's always worth thinking about the different groups who own shares in a company. But to understand Mr D.I.Y. Group (M) Berhad better, we need to consider many other factors. To that end, you should be aware of the 1 warning sign we've spotted with Mr D.I.Y. Group (M) Berhad . Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
Mr D.I.Y. Group (M) Berhad's (KLSE:MRDIY) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Mr D.I.Y. Group (M) Berhad (KLSE:MRDIY) has had a great run on the share market with its stock up by a significant 18% over the last three months. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key performance indicators to see if they could be influencing the market. Specifically, we decided to study Mr D.I.Y. Group (M) Berhad's ROE in this article. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Mr D.I.Y. Group (M) Berhad is: 31% = RM598m ÷ RM1.9b (Based on the trailing twelve months to March 2025). The 'return' is the profit over the last twelve months. One way to conceptualize this is that for each MYR1 of shareholders' capital it has, the company made MYR0.31 in profit. View our latest analysis for Mr D.I.Y. Group (M) Berhad We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. First thing first, we like that Mr D.I.Y. Group (M) Berhad has an impressive ROE. Secondly, even when compared to the industry average of 12% the company's ROE is quite impressive. This likely paved the way for the modest 14% net income growth seen by Mr D.I.Y. Group (M) Berhad over the past five years. As a next step, we compared Mr D.I.Y. Group (M) Berhad's net income growth with the industry and were disappointed to see that the company's growth is lower than the industry average growth of 20% in the same period. Earnings growth is a huge factor in stock valuation. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. If you're wondering about Mr D.I.Y. Group (M) Berhad's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. Mr D.I.Y. Group (M) Berhad has a healthy combination of a moderate three-year median payout ratio of 49% (or a retention ratio of 51%) and a respectable amount of growth in earnings as we saw above, meaning that the company has been making efficient use of its profits. Moreover, Mr D.I.Y. Group (M) Berhad is determined to keep sharing its profits with shareholders which we infer from its long history of five years of paying a dividend. Looking at the current analyst consensus data, we can see that the company's future payout ratio is expected to rise to 72% over the next three years. However, the company's ROE is not expected to change by much despite the higher expected payout ratio. In total, we are pretty happy with Mr D.I.Y. Group (M) Berhad's performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see a good amount of growth in its earnings. Having said that, the company's earnings growth is expected to slow down, as forecasted in the current analyst estimates. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
20-06-2025
- Business
- Zawya
Southeast Asia's Mr.DIY to open in South Africa
Southeast Asia's home improvement store, has announced its entry into the African market, with its first expansion into South Africa. The retailer will open its first store in the country in Pretoria at the end of June. an Malaysian retail brand, has grown from its first hardware store in 2005 to having nearly 5,000 stores across Asia and Europe. Today, it has a global footprint in Malaysia, Thailand, Brunei, Indonesia, Singapore, the Philippines, Vietnam, Cambodia, India, and Bangladesh, as well as Türkiye, Spain, and Poland. South Africa becomes the fourteenth country in global network and marks its latest continental expansion into Africa. Anchored on its promise of offering everyday essentials in convenient locations and at 'Always Low Prices', the retailer carries a broad range of more than 17,000 types of products, including hardware, household items, electrical goods, stationery, toys, and more, offering an enjoyable shopping experience for the whole family. first store in South Africa will open its doors at Menlyn Park Shopping Centre, Pretoria, on 28 June 2025. Commenting on its entry into South Africa, South Africa's head of business development Jamie Williams said, 'We are thrilled to expand our global presence into South Africa, representing our first expansion into the African continent. South Africa is a dynamic and growing market, with increasing demand for affordable, high-quality household and lifestyle products. As consumers become more value-conscious, our business model, built on a broad product range, 'Always Low Prices' promise, and a convenient shopping experience, is well-positioned to meet their needs. With a strong global presence, Mr D.I.Y. is known for delivering value, operational excellence, and a commitment to customers. We look forward to bringing this same commitment to South African shoppers and contributing to the country's evolving retail landscape.' Williams also announced that aims to have a total of six stores across the country by the end of 2025. 'This expansion will provide customers with a wider range of value-driven options and generate new job opportunities, creating a lasting benefit on local economies, demonstrating our dedication to making a meaningful impact in every community we serve,' said Williams. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
Focus Malaysia
14-06-2025
- Focus Malaysia
Fake cops, real laughs: Bungling impostors try to stop car with fake siren
NOWADAYS, robbers and thieves are becoming more and more creative. Their methods are many, their victims uncountable. But sometimes, things can get to the point of being comical. Take for example a recent video on X which showed several 'police officers,' attempting to stop a moving car. However, even the average Joe can point out that there was something painfully obvious and wrong about the ride used by these officers. Even more hilarious was the fact that one of the officers slapped a siren at the top of the car just to make it look official. In the video, the officers could be seen signalling for the car to stop. Jangan berhenti…call polis dan terus ke balai…..ini sah penyamun — MYNEWSHUB (@mynewshub) June 12, 2025 'This is stupid. It is obvious these are not the police with three people wearing masks,' said netizen @ijakRashid who watched the video. Another netizen added that the police nowadays only ride in Honda Civic. However, another pointed out that they drove Honda City, and the premium Civics were reserved for the army. 'These people must be watching too many Hong Kong movies or dramas about police officers,' said @YtFrzz99609 while @nalvsamy claimed they wanted to cheat people although they were foolish. Then there was a sharp-eyed netizen who claimed it happened at the Guthrie highway, likely during the midnight till morning since the place lacks vehicles. Also, several others pointed out how easy it is to become a police officer nowadays since they could get the uniform and siren for cheap online. According to @nrhnsharol, the safety vest worn by the police officer could be bought at Mr DIY or at a hardware shop. But there appears to be more where this story is concerned. Apparently, the video was an old one, being identified by several netizens. @abgzulfikar said the perpetrators had already been apprehended, and good riddance too. News portal Harian Metro published a story on June 6, 2023, where police officers detained two men, including a civil servant, in relation to the incident, which happened at km 41.5 of the North-South Expressway heading north. Johor Police Chief, Datuk Kamarul Zaman Mamat, said a team from the Criminal Investigation Division of the Kulai District Police Headquarters (IPD) arrested the two local men, aged 43 and 48. In the video, three men posing as police used a beacon light resembling that of the authorities and attempted to instruct the victim to pull over. The account owner, named Freeman Gan, stated that he was chased by a car resembling a police vehicle while travelling from Singapore to Genting Highlands via the expressway. —June 14, 2025 Main image: @mynewshub (X)
