Inb4 come let's buy QL stocks. Not Top Glove.

Many company?

pata timo mano

Will it serve yaucharkwai, hamcheempang, kap zhung, mar keok and the like or not?

Family mart miles better than 7 eleven

Heck even mamak kedai runcit is better than 7 eleven

Orange, 7 circle, 7eleven, kwc, ezybox<--mati liao...
Orange mushroom at tourist area.

KK is a tourist area, so if can capture local market, tourist market no problem.
The tourist can spend 100+ on convenient store.

watson, pharmacy & convenient store is crucial to tourist near hotel/airbnb
So imagine the concept like familymart or thailand, good business.

of course here apa pun haram..summore its under kroni vincent tan summore suit one race only

Thailand snacks very creative here ..we only see stacks of maggi mee,bread and icecream..so similar to our supermarket only haiyah

Why did you think the Thais bought over the entire Malaysian Tesco's operation?

Tesco uk xmo here wad lol

Shah alam one got toilet.

The one in pudu also

Nothing to do with halal haram

Majority got the buying power

Why u think family mart successfull here? Coz they got variety of foods and rare items.

7-e? They can barely operate their slurpee machine kek

They took the money from the sale and headed back to UK to further expand Tesco back in their own home country.

Last last also own home market will be the priority.

QL RESOURCES BHD
7084
FamilyMart Co Ltd
TYO: 8028
2,395 JPY
−24 (0.99%)

2,395 Japanese Yen equals
95.48 Malaysian Ringgit

During the measured period, close to 36 percent of all convenience stores in Japan were run by Seven-Eleven Japan.

FamilyMart owned the second biggest share of convenience stores,
followed by Lawson in third place with

approximately 25 percent of all convenience stores in Japan

17,409 stores

There are 17,409 stores in Japan,
3,165 stores in Taiwan,
2,177 stores in China,

1,138 stores in Thailand, 66 stores in the Philippines, 165 stores in Vietnam, 87 stores in Indonesia, and 180 stores in Malaysia.

FamilyMart has stores located in all prefectures of Japan.









total 180 stores !!!

QL has set an initial target to open 300 stores of FamilyMart in FY2022.
Presently, the group has successfully opened 109 FamilyMart stores
and plan to double the number to 170 stores by the end of FY2020.
The expansion will be centred at Klang Valley, Melaka, Negeri Sembilan and Johor.



only 5 state have family mart

selangor
negeri sembilan
melaka
johor
1 outlet in pahang only(consider genting is in pahang)
The Japanese convenience stores offer a variety range of
Ready-To-Eat (RTE) and microwavable meals, soft-served ice-cream and coffee
not only attracted the youngster but also the Muslim friends to come over
since the FamilyMart’s central kitchen operator known as
QL Kitchen Sdn Bhd
have received halal certification from the Department of Islamic Development Malaysia in May 2019.

(Source: The Malaysian Reserve, 11Nov2019)
Maintain hold call with an unchanged target price (TP) of RM8.20 per share:
Since the opening of QL Resources Bhd’s first FamilyMart outlet about three years ago, we understand the venture has already turned profitable.
We are very positive on this finding given that QL initially expected the venture to take seven years to reach profitability. We see similarities between QL and Charoen Pokphand Foods Pcl (Thailand) (CP) which brought the 7-Eleven franchise to Thailand in 1989 before listing the company under the name CP All PCL in 2003. In 2019, CP All’s sales of RM73 billion eclipsed CP’s total sales of RM71 billion.

We keep forecasts unchanged. Despite being a consumer staple, we expect uncertainty surrounding Covid-19 to keep QL’s share price subdued, particularly given the expensive valuations the stock trades at. The TP is based on unchanged 50 times financial year 2021 (FY21) earnings.

FamilyMart currently has 180 operational outlets. While this is significantly fewer than its competitors such as
7-Eleven, MyNews and KK Mart,

we estimate the profitability per outlet is significantly higher. We attribute this to higher average ticket amount, higher average customer count and skewed sales mix towards fresh food, which is a higher margin product.

QL intends to increase egg production capacities in Indonesia (to 1.4 million from 850,000) and Vietnam (to 1.8 million from 850,000) over the next four years. We expect egg consumption in Indonesia and Vietnam to continue to increase as both countries experience income growth (egg consumption in Indonesia increased from 60 eggs per person per annum in 2011 to 90 currently). Note that Malaysia’s current egg consumption tops 300 per person per annum.
We are positive on these growth ventures as we are confident there is still room for growth in consumption for Indonesia and Vietnam. As QL is already a large poultry player, we see little execution risk in these ventures. Note that QL already produces about 5.7 million eggs per day (4 million of these in Malaysia).

QL, the 30th largest listed company by market capitalisation, will become eligible to be included in the FBM KLCI should it enter the top 25 or existing members fall below the 35th position or lower.
We note that in late-FY17 when news broke that Nestle (Malaysia) Bhd was to be included in the KLCI, its forward price-earnings ratio rose from about 30 times to about 45 times. Should QL be included in the KLCI, we reckon it could see a rerating similar to Nestle. The KLCI is reviewed semi-annually, with the next scheduled for June. — Hong Leong Investment Bank Research, April 2

The money they took is actually losing profit from their sales..bare in mind ..last time tesco bigger mall space now shrink so much until home depot took the space at some tesco states..but under this new management from thailand it seems tesco doing even well