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 Is FamilyMart in Malaysia a very good business?, Japan's 2nd largest convenience store

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TSplouffle0789
post Jul 17 2020, 03:11 PM

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QUOTE(Sycamore @ Jul 17 2020, 02:48 PM)
The only reason I don't buy QL is because the price is too steep.

The company is very competent and Family Mart venture is a genius investment.
If you pay attention to Family mart's RTE food packages you will notice that most if not all of the food are made by QL food subsidiaries.
QL started as food trading and processing company had now acquired the market knowledge of RTE through the venture.
There is really alot potential in it.
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hold long term is ok...
another dialog malaysia
2021 maybe can enter top 30??
but supermax and kossan must enter first....
TSplouffle0789
post Jul 17 2020, 03:13 PM

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QUOTE(kraziekd @ Jul 17 2020, 02:34 PM)
go for the sandwich and ice cream
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price ok>>???


frequent customer?
SUSCandy12
post Jul 17 2020, 03:13 PM

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QUOTE(plouffle0789 @ Jul 17 2020, 02:12 PM)
QL RESOURCES BHD
7084
user posted image
user posted image

total 180 stores at whole malaysia!!!
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.

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QUOTE(nebula87 @ Jul 17 2020, 02:17 PM)
Rugi tak mau buka kat Penang.
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Where was this news taken from? The reporter should be SACKED for posting half-news that is missing from the company's FULL STATEMENT.

This is the full excerpt taken from The EDGE Markets news reporting:
https://www.theedgemarkets.com/article/earn...ts-ql-resources

QUOTE
“With increasing presence in the Klang Valley, Johor, Melaka, Pahang and Negeri Sembilan, the group will continue branching out with potential openings in Ipoh and Penang.

We gathered that decent food traffic in these areas tends to fare higher average revenue per store from the added convenience. In the longer term, we believe this segment will be an exciting avenue of growth for the group, banking on its high fresh food content which we believe takes up around 80% of its sales,”
Next stop and POTENTIAL expansion drive for Family Mart cities are Ipoh and Penang. These are big tourist spots with SIZEABLE Chinese population that matters.

NS and Melaka mainly Yindian and Malay population which have less interests in this convenience stores concept. It's a popular East Asian culture thing.

By the way, the FIRST Malaysian Fully Automated Smart Convenience Store branch in Malaysia is located at Ipoh Parade:



It's supposed to be like those in China and Japan where there's no staff attending at the counter. Customers do all their thing and self-checkout using e-wallet/cashless transactions.
TSplouffle0789
post Jul 17 2020, 03:15 PM

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QUOTE(Candy12 @ Jul 17 2020, 03:13 PM)
Where was this news taken from? The reporter should be SACKED for posting half-news that is missing from the company's FULL STATEMENT.

This is the full excerpt taken from The EDGE Markets news reporting:
https://www.theedgemarkets.com/article/earn...ts-ql-resources
Next stop and POTENTIAL expansion drive for Family Mart cities are Ipoh and Penang. These are big tourist spots with SIZEABLE Chinese population that matters.

NS and Melaka mainly Yindian and Malay population which have less interests in this convenience stores concept. It's a popular East Asian culture thing.

By the way, the FIRST Malaysian Fully Automated Smart Convenience Store branch in Malaysia is located at Ipoh Parade:



It's supposed to be like those in China and Japan where there's no staff attending at the counter. Customers do all their thing and self-checkout using e-wallet/cashless transactions.
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vending machine plus ewallet only


malaysia too dangerous....

cannot really become no staff store
SUSAzurues
post Jul 17 2020, 03:17 PM

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Very good business mang

They are selling things people will look to buy conveniently vs 7-11, mynews, etc.
SUSCandy12
post Jul 17 2020, 03:18 PM

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QUOTE(plouffle0789 @ Jul 17 2020, 03:15 PM)
vending machine plus ewallet only
malaysia too dangerous....

cannot really become no staff store
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It should be safe in Chinese populated cities such as Ipoh and Penang where people are more civilized.It's inside a mall so very tight surveillance with many cameras around.

FIRST in South East Asia. Not even Singapore have this yet.
TSplouffle0789
post Jul 17 2020, 03:19 PM

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QUOTE(Candy12 @ Jul 17 2020, 03:18 PM)
It should be safe in Chinese populated cities such as Ipoh and Penang where people are more civilized.It's inside a mall so very tight surveillance with many cameras around.

FIRST in South East Asia. Not even Singapore have this yet.
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just vending machine and ewallet only...
no put anythings to let people touch...

what use?
fu'house
post Jul 17 2020, 03:20 PM

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Inb4 come let's buy QL stocks. Not Top Glove.
SUSlaoahpek
post Jul 17 2020, 03:21 PM

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QUOTE(lambsauce @ Jul 17 2020, 02:36 PM)
actually prices here aint that affordable for daily consumption
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convenience comes with a price wink.gif
fantasy1989
post Jul 17 2020, 03:21 PM

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QUOTE(kcchong2000 @ Jul 17 2020, 03:11 PM)
This. At Japan family mart/711 is poor man store. Here becum rich man store.
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ya lo... when i was in japan..we go family mart to get cheap bottle drinks ..
fantasy1989
post Jul 17 2020, 03:22 PM

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QUOTE(Candy12 @ Jul 17 2020, 03:18 PM)
It should be safe in Chinese populated cities such as Ipoh and Penang where people are more civilized.It's inside a mall so very tight surveillance with many cameras around.

FIRST in South East Asia. Not even Singapore have this yet.
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as a Chinese = nope ..especially aunty
TSplouffle0789
post Jul 17 2020, 03:22 PM

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QUOTE(Clement1001 @ Jul 17 2020, 02:21 PM)
yes, Oden and bread normally.
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user posted image

this one nice?>
CSW1990
post Jul 17 2020, 03:23 PM

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Most of their food are expensive and not worth of that money
TSplouffle0789
post Jul 17 2020, 03:23 PM

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QUOTE(fu'house @ Jul 17 2020, 03:20 PM)
Inb4 come let's buy QL stocks. Not Top Glove.
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gloves stock is very excited like roller coaster


ql is very steady and good business
even have oil palm business...
HafeesFadil
post Jul 17 2020, 03:23 PM

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is machiam bubble tea.

mula2 seronok see oden.

lama2 tgk oso wan muntah liao.
TSplouffle0789
post Jul 17 2020, 03:23 PM

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QUOTE(CSW1990 @ Jul 17 2020, 03:23 PM)
Most of their food are expensive and not worth of that money
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user posted image

like this?
SUSCandy12
post Jul 17 2020, 03:24 PM

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QUOTE(fantasy1989 @ Jul 17 2020, 03:21 PM)
ya lo... when i was in japan..we go family mart to get cheap bottle drinks ..
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Japanese Yen and USD was supposed to be interchangeable like SGD/BND.

Cheap for an American or someone who earns in USD is 4X price for Malaysians.

100 yen is like RM4 for a Malaysian poorfag.
TSplouffle0789
post Jul 17 2020, 03:24 PM

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QUOTE(fantasy1989 @ Jul 17 2020, 03:21 PM)
ya lo... when i was in japan..we go family mart to get cheap bottle drinks ..
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aeon not cheap???
SUSCandy12
post Jul 17 2020, 03:26 PM

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FIRST Robot Restaurant in Malaysia!
2 Years AGO

Nam Heong Dim Sum in Ipoh
TSplouffle0789
post Jul 17 2020, 03:29 PM

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QUOTE(HafeesFadil @ Jul 17 2020, 03:23 PM)
is machiam bubble tea.

mula2 seronok see oden.

lama2 tgk oso wan muntah liao.
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180 stores already!!!!
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