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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, 02:12 PM, updated 2y ago

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QL RESOURCES BHD
7084


52 Wk Range(2024 NOV)

3.587 - 4.900

user posted image


user posted image


99 speedmart ,KK mart,
Family Mart,7 eleven,
CU,MY News.com

user posted image



1-G, Jalan Nova U5/N,
Subang Bestari Sek U5,
40150 Shah Alam,
Selangor.

⏰ 6AM to 12AM Midnight daily



FamilyMart Caltex Jalan Skudai

7am - 1am

FAMILYMART

Mutiara Mas
No. 2 , Jalan Mutiara 1/1,
Taman Mutiara Mas,
81300 Skudai,
Johor

Opening Hours: 7am - 2am |

6AM to 2AM daily

FamilyMart Taman Universiti,Skudai

1, Jln Pendidikan 8,
Taman Universiti,
81300 Skudai, Johor


Opposite AEON

24 Hours




FamilyMart Plaza Sentosa

FamilyMart Eco Botanic

FamilyMart Jalan Pesta

FamilyMartP.PerniagaanHj.Manan

FamilyMart Indahpura


6AM to 1AM daily

FamilyMart Setia Tropika



FAMILYMART

No.2, Jalan Pendekar 13,
Taman Ungku Tun Aminah,
81300 Skudai,
Johor

8am - 1am



FAMILYMART

Petron Statiom Taman Prima
LOT 202, Susur GP Prima,
Taman GP Prima,
81550 Gelang Patah,
Johor

7 am - 1 am


user posted image

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**No.** **Company Name** **Registration No.** **Nature of Business** **Date of Registration** **State**
1 MYNEWS RETAIL SDN. BHD. 0306295X / 199401020616 RETAIL AND CONVENIENCE - STORE BUSINESS 1994-07-05 SELANGOR
2 MYCU RETAIL SDN. BHD. 0628407U / 200301025987 RETAIL AND CONVENIENCE-STORE BUSINESSES 2003-09-17 SELANGOR
3 QL MAXINCOME SDN. BHD. 0383322D / 199601010973 OPERATING AND FRANCHISING OF CONVENIENT OR RETAIL STORES 1996-04-11 SELANGOR
4 7-ELEVEN MALAYSIA SDN. BHD. 0120962P / 198401008445 OPERATING AND FRANCHISING OF CONVENIENCE STORES UNDER THE '7-ELEVEN' BRAND NAME AND INVESTMENT HOLDINGS 1984-06-04 WILAYAH PERSEKUTUAN
5 99 SPEED MART SDN. BHD. 0519537X / 200001016930 RETAILER OF CONSUMABLE MERCHANDISE, RICE, STAPLE AND OTHER HOUSEHOLD PRODUCTS VIA ITS NETWORK OF "MINI MART" OUTLETS. 2000-07-10 SELANGOR
6 KK SUPERMART & SUPERSTORE SDN. BHD. 0619651M / 200301017231 OPERATING AND FRANCHISING OF CONVENIENT STORES 2003-06-25 WILAYAH PERSEKUTUAN




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.

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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

This post has been edited by plouffle0789: Nov 17 2024, 09:23 AM
TSplouffle0789
post Jul 17 2020, 02:17 PM

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QUOTE(Clement1001 @ Jul 17 2020, 02:14 PM)
The management is very good on meeting local demand!
*
you are frequent customer?
TSplouffle0789
post Jul 17 2020, 02:34 PM

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QUOTE(fantasy1989 @ Jul 17 2020, 02:23 PM)
go to genting and go family mart makan tomyam oden outdoor

feel good mang
*
price expensive than other normal outlet?

sky avenue outlet?>
TSplouffle0789
post Jul 17 2020, 02:35 PM

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QUOTE(hihihehe @ Jul 17 2020, 02:24 PM)
apa no toilet
i pigi ade je
*
which outlet??
TSplouffle0789
post Jul 17 2020, 02:37 PM

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QUOTE(focusrite @ Jul 17 2020, 02:19 PM)
711 Malaysia own by who?
*
berjaya corporation berhad

sports toto ,berjaya times square,cosway,mazda malaysia

tan sri vincent tan
TSplouffle0789
post Jul 17 2020, 02:37 PM

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QUOTE(lambsauce @ Jul 17 2020, 02:36 PM)
actually prices here aint that affordable for daily consumption
*
how much for the food?


TSplouffle0789
post Jul 17 2020, 03:10 PM

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QUOTE(fantasy1989 @ Jul 17 2020, 02:42 PM)
i am not sure..because penang tarak family mart..cant benchmark

but for sure the stuff is cheaper than other convenience store in genting
sky avenue outlet? >>> yup... the one that lowest floor
*
only 5 state have family mart

selangor
negeri sembilan
melaka
johor
1 outlet in pahang only(consider genting is in pahang)




i think it will expand to penang before december 2020.
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.
*
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
*
price ok>>???


frequent customer?
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.
*
vending machine plus ewallet only


malaysia too dangerous....

cannot really become no staff store
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.
*
just vending machine and ewallet only...
no put anythings to let people touch...

what use?
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.
*
user posted image

this one nice?>
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.
*
gloves stock is very excited like roller coaster


ql is very steady and good business
even have oil palm business...
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
*
user posted image

like this?
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???
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.
*
180 stores already!!!!



TSplouffle0789
post Jul 17 2020, 03:30 PM

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QUOTE(Sycamore @ Jul 17 2020, 03:29 PM)
A big let down honestly.

Agree with above.
First thing i thought is "a series of vending machine".

Sigh.
*
it will be closed in 1 year

i have 90 percent confidence......

unless it use to other purpose
TSplouffle0789
post Jul 17 2020, 03:38 PM

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QUOTE(shotgun @ Jul 17 2020, 03:34 PM)
In Japan is not popular family mart but 7 eleven is more popular
*
ya

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




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 70 stores in Malaysia. FamilyMart has stores located in all prefectures of Japan.



but also is number 2!!!!

https://www.bloomberg.com/quote/8028:JP
stock price like rocket in these 3 week!!!!
TSplouffle0789
post Jul 17 2020, 04:01 PM

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QUOTE(Candy12 @ Jul 17 2020, 03:47 PM)
Family Mart Theme Song



I remembered there's a vocal version out there still finding.
*
malaysia also when we enter got this song?
TSplouffle0789
post Jul 18 2020, 12:02 AM

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QUOTE(max_cavalera @ Jul 17 2020, 04:16 PM)
THOSE familymart that open at lrt/mrt station sure makinng big income! biggrin.gif tongue.gif
*
Many people go??

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