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Mr DIY humble beginnings
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SUSlijor the great
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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. If you want to launder money, you would not want your company to be publicly listed. Too much scrutiny.
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jojolicia
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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
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koja6049
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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?
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SUSlijor the great
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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 !!! Mrdiy publicly listed is not a true fact?
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jojolicia
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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 !!! 😁 This post has been edited by jojolicia: Apr 8 2021, 11:51 PM
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SUSlijor the great
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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?  The pattern i see is that physics graduate cannot cari makan doing physics. Need do business.
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JohnL77
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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. Here we go again lol.
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anakMY
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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 !!! This type of ppl can’t sccept others are successfully. To them it just be money laundering or some illegal stuff running behind. Dengki
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jojolicia
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Apr 8 2021, 11:01 PM
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QUOTE(anakMY @ Apr 8 2021, 10:31 PM) See the hatred and jealousy? Sourlemon
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RoastedChicken
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Apr 8 2021, 11:01 PM
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Damn really power eh
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funnyTONE
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Apr 8 2021, 11:01 PM
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they have other franchise. mr. dollar - supermarket concept mr. toy - toy shop
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Starbucki
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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?  now where are the people who laughs at UM?
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SUSrtk74
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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 Bunnings was one of my date spot. Got lawn chair, cafe.
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koja6049
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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.  in a way is blessing in disguise, study physics is pathway to become billionaire
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anakMY
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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 puak dengki. Show proof lah if u think otherwise. Talk from thin air everyone can do it.
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kamfoo
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Apr 8 2021, 11:12 PM
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Last time mr diy better
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ukapaka
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Apr 8 2021, 11:14 PM
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Getting Started

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QUOTE(lorrydriverrocks @ Apr 8 2021, 10:11 PM) kalau bmf terkucil jua.
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kelvinfixx
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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. Backked by ah neh.
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SUSlijor the great
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Apr 8 2021, 11:16 PM
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QUOTE(B52 @ Apr 8 2021, 11:09 PM) Selective response topkek https://www.theedgemarkets.com/article/mr-d...et-share-growthQUOTE 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-26This post has been edited by lijor the great: Apr 8 2021, 11:18 PM
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ycs
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Apr 8 2021, 11:17 PM
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QUOTE(+3kk! @ Apr 8 2021, 10:51 PM) no wonder bake with yen suddenly exploded with branches, store upgrades, online,...
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