Latest news with #MrDIY
Yahoo
02-06-2025
- Business
- Yahoo
Here's What We Like About Mr D.I.Y. Group (M) Berhad's (KLSE:MRDIY) Upcoming Dividend
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Mr D.I.Y. Group (M) Berhad (KLSE:MRDIY) is about to go ex-dividend in just 3 days. The ex-dividend date generally occurs two days before the record date, which is the day on which shareholders need to be on the company's books in order to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Meaning, you will need to purchase Mr D.I.Y. Group (M) Berhad's shares before the 6th of June to receive the dividend, which will be paid on the 8th of July. The company's next dividend payment will be RM00.014 per share, on the back of last year when the company paid a total of RM0.05 to shareholders. Last year's total dividend payments show that Mr D.I.Y. Group (M) Berhad has a trailing yield of 3.2% on the current share price of RM01.58. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. We need to see whether the dividend is covered by earnings and if it's growing. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. Its dividend payout ratio is 85% of profit, which means the company is paying out a majority of its earnings. The relatively limited profit reinvestment could slow the rate of future earnings growth. It could become a concern if earnings started to decline. Yet cash flow is typically more important than profit for assessing dividend sustainability, so we should always check if the company generated enough cash to afford its dividend. Dividends consumed 55% of the company's free cash flow last year, which is within a normal range for most dividend-paying organisations. It's positive to see that Mr D.I.Y. Group (M) Berhad's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. View our latest analysis for Mr D.I.Y. Group (M) Berhad Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. For this reason, we're glad to see Mr D.I.Y. Group (M) Berhad's earnings per share have risen 13% per annum over the last five years. It paid out more than three-quarters of its earnings in the last year, even though earnings per share are growing rapidly. Higher earnings generally bode well for growing dividends, although with seemingly strong growth prospects we'd wonder why management are not reinvesting more in the business. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the last five years, Mr D.I.Y. Group (M) Berhad has lifted its dividend by approximately 21% a year on average. It's great to see earnings per share growing rapidly over several years, and dividends per share growing right along with it. From a dividend perspective, should investors buy or avoid Mr D.I.Y. Group (M) Berhad? It's good to see earnings are growing, since all of the best dividend stocks grow their earnings meaningfully over the long run. That's why we're glad to see Mr D.I.Y. Group (M) Berhad's earnings per share growing, although as we saw, the company is paying out more than half of its earnings and cashflow - 85% and 55% respectively. In summary, while it has some positive characteristics, we're not inclined to race out and buy Mr D.I.Y. Group (M) Berhad today. So while Mr D.I.Y. Group (M) Berhad looks good from a dividend perspective, it's always worthwhile being up to date with the risks involved in this stock. To help with this, we've discovered 1 warning sign for Mr D.I.Y. Group (M) Berhad that you should be aware of before investing in their shares. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. 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.
The Sun
22-05-2025
- The Sun
Museums in Malaysia record increase in visitors
PETALING JAYA : Museums in Malaysia have seen a steady surge in visitors, with 2,188,286 people recorded across the 22 federal museums in 2023, a significant increase from 1,464,463 visitors in 2022. The upward trend has continued into 2024, with 2,568,573 visitors. As of April 30 this year, the museums have welcomed 579,433 visitors, signalling a strong year ahead. These figures were provided by the Museums Department, highlighting a growing public interest in cultural and historical institutions, particularly the National Museum in Kuala Lumpur, which remains the most visited among locals and tourists. According to the department, one of the main draws of the National Museum is its role as a 'one-stop centre' offering a wide array of exhibitions that showcase Malaysia's rich cultural and historical heritage. 'Its strategic location, convenient access via public transport and alignment with the national school curriculum make it a popular choice for educators and students. 'Its strong brand recognition further cements its status as a premier cultural attraction.' The department attributed the rise in attendance to several key factors, including the National Unity Policy, which promotes patriotism and national identity through structured programmes. 'There are three main clusters that the museums aligned their programmes with under the National Unity Policy, namely igniting patriotism, fostering unity and komuniti rahmah (compassionate community), which serve as thematic guides for our museum initiatives.' A significant part of the appeal lies in the interactive, hands-on experiences offered by the museums. Many exhibits even feature tangible cultural artefacts. 'This physical connection to history has become a major draw, particularly through programmes such as Inspirasi Pelajar Inovasi Muzium, which offers students and educators the opportunity to engage directly with historical artefacts. 'These hands-on learning experiences complement formal education and serve as effective teaching aids to deepen understanding of Malaysia's rich history.' To broaden their appeal, museums have embraced a family-friendly 'edutainment' model, blending educational content with interactive experiences tailored for children and adults. 'They address contemporary issues, such as technology and the environment, appealing to younger audiences. Innovative exhibitions featuring cutting-edge digital technology help bridge the gap between traditional history and the modern digital age, making learning relevant and exciting.' To further support outreach, the department has partnered with several organisations, including Mr DIY, Fama, Chagee, Casa Chemical, Yayasan Al-Amin and Antong Coffee. 'These partnerships strengthen outreach efforts, and help enhance the quality and diversity of programmes offered.' As part of National Museum Day celebrations, 19 out of 22 federal museums opened their doors to the public free of charge on May 18. Speaking at the International Museums Day Seminar, National Unity Minister Datuk Aaron Ago Dagang reaffirmed the government's dedication to making museums more inclusive, sustainable and diverse. 'During an age in which technology permeates every facet of our lives, it is imperative that our cultural institutions evolve to meet the expectations and needs of the modern world. Digital transformation offers us the opportunity to preserve our rich heritage while making it accessible to a global audience. 'By integrating digital technologies, we could enhance the visitor experience, engage diverse communities and ensure our cultural narratives are preserved for future generations.' He urged museums to adopt innovations such as virtual and augmented reality, interactive digital exhibits, apps and online platforms while deepening community engagement and inclusivity. He added that the ministry is finalising the Museum Act, which would regulate museum activities nationwide. The Bill is expected to be tabled in parliament before the end of the year.
The Sun
22-05-2025
- The Sun
Museums record increase in visitors
PETALING JAYA: Museums in Malaysia have seen a steady surge in visitors, with 2,188,286 people recorded across the 22 federal museums in 2023, a significant increase from 1,464,463 visitors in 2022. The upward trend has continued into 2024, with 2,568,573 visitors. As of April 30 this year, the museums have welcomed 579,433 visitors, signalling a strong year ahead. These figures were provided by the Museums Department, highlighting a growing public interest in cultural and historical institutions, particularly the National Museum in Kuala Lumpur, which remains the most visited among locals and tourists. According to the department, one of the main draws of the National Museum is its role as a 'one-stop centre' offering a wide array of exhibitions that showcase Malaysia's rich cultural and historical heritage. 'Its strategic location, convenient access via public transport and alignment with the national school curriculum make it a popular choice for educators and students. 'Its strong brand recognition further cements its status as a premier cultural attraction.' The department attributed the rise in attendance to several key factors, including the National Unity Policy, which promotes patriotism and national identity through structured programmes. 'There are three main clusters that the museums aligned their programmes with under the National Unity Policy, namely igniting patriotism, fostering unity and komuniti rahmah (compassionate community), which serve as thematic guides for our museum initiatives.' A significant part of the appeal lies in the interactive, hands-on experiences offered by the museums. Many exhibits even feature tangible cultural artefacts. 'This physical connection to history has become a major draw, particularly through programmes such as Inspirasi Pelajar Inovasi Muzium, which offers students and educators the opportunity to engage directly with historical artefacts. 'These hands-on learning experiences complement formal education and serve as effective teaching aids to deepen understanding of Malaysia's rich history.' To broaden their appeal, museums have embraced a family-friendly 'edutainment' model, blending educational content with interactive experiences tailored for children and adults. 'They address contemporary issues, such as technology and the environment, appealing to younger audiences. Innovative exhibitions featuring cutting-edge digital technology help bridge the gap between traditional history and the modern digital age, making learning relevant and exciting.' To further support outreach, the department has partnered with several organisations, including Mr DIY, Fama, Chagee, Casa Chemical, Yayasan Al-Amin and Antong Coffee. 'These partnerships strengthen outreach efforts, and help enhance the quality and diversity of programmes offered.' As part of National Museum Day celebrations, 19 out of 22 federal museums opened their doors to the public free of charge on May 18. Speaking at the International Museums Day Seminar, National Unity Minister Datuk Aaron Ago Dagang reaffirmed the government's dedication to making museums more inclusive, sustainable and diverse. 'During an age in which technology permeates every facet of our lives, it is imperative that our cultural institutions evolve to meet the expectations and needs of the modern world. Digital transformation offers us the opportunity to preserve our rich heritage while making it accessible to a global audience. 'By integrating digital technologies, we could enhance the visitor experience, engage diverse communities and ensure our cultural narratives are preserved for future generations.' He urged museums to adopt innovations such as virtual and augmented reality, interactive digital exhibits, apps and online platforms while deepening community engagement and inclusivity. He added that the ministry is finalising the Museum Act, which would regulate museum activities nationwide. The Bill is expected to be tabled in parliament before the end of the year.
Malay Mail
22-05-2025
- Business
- Malay Mail
How a RM2.60 pricing strategy will make Eco-Shop's Lee a billionaire through Malaysia's biggest IPO of 2025
KUALA LUMPUR, May 22 — Eco-Shop Marketing Bhd, a discount chain with over 350 stores across Malaysia, is set to go public in Kuala Lumpur on Friday in the country's largest IPO of the year. The listing will value the company at about RM6.38 billion, giving founder and managing director Datuk Seri Lee Kar Whatt a RM4.9 billion stake, according to the Bloomberg Billionaires Index. The company's rapid growth — with revenue rising over 50 per cent in two years — underscores strong demand for low-cost goods amid rising inflation, Bloomberg reported. 'Fixed-price retailers became a first choice,' said Ng Zhu Hann, founder and chief executive officer of Tradeview Capital, in an interview. He was referring to Eco-Shop's fixed RM2.60 price for all items sold in its Peninsular Malaysia outlets. Lee co-founded the first store in 2003 with his brother and two others, and still operates from the company's headquarters in Jementah, Johor. Ng noted that Eco-Shop competes with established players such as Mr DIY Group (M) Bhd, as well as newer entrants led by entrepreneurs from mainland China. In its prospectus, Eco-Shop stated that it sees ample growth potential and aims to open around 70 new stores each year over the next five years.
Malay Mail
22-05-2025
- Business
- Malay Mail
Eco-Shop set for Malaysia's biggest IPO of the year with RM6.38b valuation
KUALA LUMPUR, May 22 — Eco-Shop Marketing Bhd, a discount chain with over 350 stores across Malaysia, is set to go public in Kuala Lumpur on Friday in the country's largest IPO of the year. The listing will value the company at about RM6.38 billion, giving founder and managing director Datuk Seri Lee Kar Whatt a RM4.9 billion stake, according to the Bloomberg Billionaires Index. The company's rapid growth — with revenue rising over 50 per cent in two years — underscores strong demand for low-cost goods amid rising inflation, Bloomberg reported. 'Fixed-price retailers became a first choice,' said Ng Zhu Hann, founder and chief executive officer of Tradeview Capital, in an interview. He was referring to Eco-Shop's fixed RM2.60 price for all items sold in its Peninsular Malaysia outlets. Lee co-founded the first store in 2003 with his brother and two others, and still operates from the company's headquarters in Jementah, Johor. Ng noted that Eco-Shop competes with established players such as Mr DIY Group (M) Bhd, as well as newer entrants led by entrepreneurs from mainland China. In its prospectus, Eco-Shop stated that it sees ample growth potential and aims to open around 70 new stores each year over the next five years.
