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 Mr DIY humble beginnings

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SUSlijor the great
post Apr 8 2021, 10:52 PM

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QUOTE(B52 @ Apr 8 2021, 10:48 PM)
No one will inject so much capital into company selling crap quality products, without a real reason behind.

Anyway, in /k, everyone can be expert on internet.
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If you want to launder money, you would not want your company to be publicly listed. Too much scrutiny.
jojolicia
post Apr 8 2021, 10:54 PM

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Just right costing (product mass) for the mass consumers x multiple outlets.

When you source mass, a hammer that cost rm6 can be consignment at rm0.5 each

Just one rule to follow, business is business. Any songlap is a one way ticket to fail

This post has been edited by jojolicia: Apr 8 2021, 10:56 PM
koja6049
post Apr 8 2021, 10:54 PM

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Lim Wee Chai -> Physics graduate UM

Tan Yu Yeh -> Physics graduate UM

see the pattern? biggrin.gif
SUSlijor the great
post Apr 8 2021, 10:59 PM

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QUOTE(B52 @ Apr 8 2021, 10:53 PM)
Yes bosses. All information released on internet must be the truths and facts.

I salute Mr DIY !!!
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Mrdiy publicly listed is not a true fact?
jojolicia
post Apr 8 2021, 10:59 PM

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QUOTE(B52 @ Apr 8 2021, 10:53 PM)
Yes bosses. All information released on internet must be the truths and facts.

I salute Mr DIY !!!
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😁

This post has been edited by jojolicia: Apr 8 2021, 11:51 PM
SUSlijor the great
post Apr 8 2021, 11:00 PM

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QUOTE(koja6049 @ Apr 8 2021, 10:54 PM)
Lim Wee Chai -> Physics graduate UM

Tan Yu Yeh -> Physics graduate UM

see the pattern? biggrin.gif
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The pattern i see is that physics graduate cannot cari makan doing physics. Need do business. biggrin.gif
JohnL77
post Apr 8 2021, 11:00 PM

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QUOTE(lijor the great @ Apr 8 2021, 10:12 PM)
What language are they using? This is not the bm i learnt in school.
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Here we go again lol.
anakMY
post Apr 8 2021, 11:00 PM

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QUOTE(B52 @ Apr 8 2021, 10:53 PM)
Yes bosses. All information released on internet must be the truths and facts.

I salute Mr DIY !!!
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This type of ppl can’t sccept others are successfully. To them it just be money laundering or some illegal stuff running behind. Dengki
jojolicia
post Apr 8 2021, 11:01 PM

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QUOTE(anakMY @ Apr 8 2021, 10:31 PM)
See the hatred and jealousy?
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Sourlemon
RoastedChicken
post Apr 8 2021, 11:01 PM

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Damn really power eh
funnyTONE
post Apr 8 2021, 11:01 PM

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they have other franchise.
mr. dollar - supermarket concept
mr. toy - toy shop
Starbucki
post Apr 8 2021, 11:03 PM

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QUOTE(koja6049 @ Apr 8 2021, 10:54 PM)
Lim Wee Chai -> Physics graduate UM

Tan Yu Yeh -> Physics graduate UM

see the pattern? biggrin.gif
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now where are the people who laughs at UM? biggrin.gif
SUSrtk74
post Apr 8 2021, 11:07 PM

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QUOTE(seiferalmercy @ Apr 8 2021, 10:23 PM)
In Aus you have Bunnings

I once go out jalan2 with gweimoi at Bunnings

But things ended before we got serious, sigh
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Bunnings was one of my date spot. Got lawn chair, cafe.
koja6049
post Apr 8 2021, 11:11 PM

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QUOTE(lijor the great @ Apr 8 2021, 11:00 PM)
The pattern i see is that physics graduate cannot cari makan doing physics. Need do business. biggrin.gif
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in a way is blessing in disguise, study physics is pathway to become billionaire biggrin.gif
anakMY
post Apr 8 2021, 11:11 PM

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QUOTE(B52 @ Apr 8 2021, 11:09 PM)
Selective response topkek
Is this from wikipedia? If not then you better delete.

According to some /k experts, this type of comment is due to dengki but not their own inexperience in biz world.
Yes you many stars yet able to keep that naive mindest.

I betul betul dengki liao
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puak dengki. Show proof lah if u think otherwise. Talk from thin air everyone can do it.
kamfoo
post Apr 8 2021, 11:12 PM

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Last time mr diy better
ukapaka
post Apr 8 2021, 11:14 PM

Getting Started
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QUOTE(lorrydriverrocks @ Apr 8 2021, 10:11 PM)
Cina memang hebat
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kalau bmf terkucil jua.
kelvinfixx
post Apr 8 2021, 11:16 PM

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QUOTE(lijor the great @ Apr 8 2021, 10:14 PM)
The real question is who is backing them, ie where they get so much capital to open so many stores nationwide with so much inventory.
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Backked by ah neh.
SUSlijor the great
post Apr 8 2021, 11:16 PM

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QUOTE(B52 @ Apr 8 2021, 11:09 PM)
Selective response topkek
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https://www.theedgemarkets.com/article/mr-d...et-share-growth

QUOTE
As you know, we are adding stores at a very fast pace. As of December 2019, [we have] 593 stores. We are adding 307 new stores approximately across all of our different brands,” he said.

He noted that typically, Mr DIY brand stores have a capital investment (capex) of RM1.6 million per store, while its other brands require a capex per store of RM1.2 million.

According to its prospectus, Mr DIY’s average capex per store excluding inventory stands at RM581,000 per store as of June 30, 2020.



At the time of writing it’s market cap of rm 10 billlion was ten times higher than aeon or 711 lol.

https://www.theedgemarkets.com/article/book...ipo-list-oct-26

This post has been edited by lijor the great: Apr 8 2021, 11:18 PM
ycs
post Apr 8 2021, 11:17 PM

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QUOTE(+3kk! @ Apr 8 2021, 10:51 PM)
https://en.wikipedia.org/wiki/Creador

its posted a few pages before
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no wonder bake with yen suddenly exploded with branches, store upgrades, online,...

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