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 Mr DIY humble beginnings

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SUSlijor the great
post Apr 9 2021, 12:02 AM

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QUOTE(JohnL77 @ Apr 9 2021, 12:00 AM)
Tak karat ke? Every tool I've bought from them karat wan.
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Kitchen shears still ok... but hand garden shovel x boleh pakai. Generally if the metal is very thin confirm it will not last from them. I think kitchen tools higher qc cuz more liability issues or they just use stainless steel and aluminum.
SUSdadah
post Apr 9 2021, 12:06 AM

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masuk and straight they hentam u 1. Everything they sell also outside mall selling cheaper.

This post has been edited by dadah: Apr 9 2021, 12:07 AM
JohnL77
post Apr 9 2021, 12:06 AM

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QUOTE(lijor the great @ Apr 9 2021, 12:02 AM)
Kitchen shears still ok... but hand garden shovel x boleh pakai. Generally if the metal is very thin confirm it will not last from them. I think kitchen tools higher qc cuz more liability issues or they just use stainless steel and aluminum.
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QUOTE(steady bro @ Apr 8 2021, 10:02 PM)
this one really respek, they managed to put pasar malams into all the malls
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This the best summary. Pasar malam that you can go to every day, day or night.
ihm11
post Apr 9 2021, 12:11 AM

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the old store looks moar interesting

at least really sell proper HW back in the day

nao mcm selling everyday sundry stuff not befitting their name oso
9m2w
post Apr 9 2021, 12:12 AM

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QUOTE(lijor the great @ Apr 8 2021, 10:24 PM)
There is no way they could have opened 700+ stores nationwide plus stores in the whole of ASEAN without some serious capital backing.
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The ppl that gained the most from the IPO.

The founders made a killing during the IPO make no mistake. And probably their silent backers hehe
Panda12
post Apr 9 2021, 12:14 AM

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QUOTE(lijor the great @ Apr 8 2021, 11:14 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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It's common for businesses to get investments from other investors but this should not discount the achievements that they have made today. I have seen so many people get investment and then just songlap into their own pocket after that.
SUScanuponly
post Apr 9 2021, 12:15 AM

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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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Its an open secret. Everyone knows. Same thing with speedmart.
kla2552
post Apr 9 2021, 12:19 AM

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Mr DIY product quality zero. Taobao china stuff .
Wont buy any from them.
SUSlijor the great
post Apr 9 2021, 12:19 AM

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QUOTE(9m2w @ Apr 9 2021, 12:12 AM)
The ppl that gained the most from the IPO.

The founders made a killing during the IPO make no mistake. And probably their silent backers hehe
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The next one is the Teng family with Jaya Grover...fuh Carlyle group want to buy it out??? But kudos to AIGF, they really pumped in capital that was put to good use with lots of shiny new stores.

https://www.theedgemarkets.com/article/news...ase-jaya-grocer

QUOTE(Panda12 @ Apr 9 2021, 12:14 AM)
It's common for businesses to get investments from other investors but this should not discount the achievements that they have made today. I have seen so many people get investment and then just songlap into their own pocket after that.
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yup, whatever is said, they got billion in investment but backed it up with lots of new stores nationwide (convenience) that also employs many people and consumers get to buy cheap crap (although some are still useful). I dont think 90% of people who receive that amount of money can manage the biz well. Talk easy but not everyone can execute.
steady bro
post Apr 9 2021, 12:24 AM

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QUOTE(JohnL77 @ Apr 9 2021, 12:06 AM)
This the best summary. Pasar malam that you can go to every day, day or night.
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its bright and got aircond too rclxm9.gif rclxm9.gif
ChAOoz
post Apr 9 2021, 12:30 AM

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QUOTE(B52 @ Apr 8 2021, 11:28 PM)
Kek. In case you still dont see it, saying someone has some fishy business operations is not equal to dengki. I will seriously consider the offer if someone approach me to launder for them.

Saying the teh tarik of this stall is not nice, doesn’t means i dengki this stall.

Saying something negative is not dengki. Kesian puak low IQ love using sensation keyword blindly on internet.
Kesian resort to copy paste link trying hard to prove something which i dont even understand what you trying to tell or prove.

Takpe, janji ada link from famous business journalists with numbers and comparison with other big corporations.

This apple is bigger than that apple, so? Bigger apple confirm sweet?

Macam budak uni do final year project without knowing the purpose and application. Janji ada cite the sources.
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It's just typical VC move. Nothing more , nothing less. CTOS will be on the next pipeline.

Pour in tons of money, grow it -> Market it -> IPO it -> cash out. Bag holders are retailers and institutional fund + founders which has lock up period.

If you wanna launder money especially hot money, there is many more way to go about it and getting it to be listed is not one of it.

In same frame of mind, all cash burning rapid expanding startups are money launderer then ? Grab, Netflix, WeWork, Uber and the list go on. So many money in the world to launder.

urnicksux2
post Apr 9 2021, 12:43 AM

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quality china product and affordable
Lucas0323
post Apr 9 2021, 12:52 AM

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Company naming done right i believe the name itself contribute alot for their success.
Freshmeat21
post Apr 9 2021, 01:10 AM

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QUOTE(fantasy1989 @ Apr 8 2021, 10:22 PM)
you want that 1 . you can go to Ace hardware
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Ace hardware harga yahudi, i bought quite a lot of things from them during mco then only to find mr diy beside sold things a lot cheaper.
SUSXXXOOOXXXOOO
post Apr 9 2021, 01:15 AM

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QUOTE(ChAOoz @ Apr 9 2021, 12:30 AM)
It's just typical VC move. Nothing more , nothing less. CTOS will be on the next pipeline.

Pour in tons of money, grow it -> Market it -> IPO it -> cash out. Bag holders are retailers and institutional fund + founders which has lock up period.

If you wanna launder money especially hot money, there is many more way to go about it and getting it to be listed is not one of it.

In same frame of mind, all cash burning rapid expanding startups are money launderer then ? Grab, Netflix, WeWork, Uber and the list go on. So many money in the world to launder.
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IPO in malaysia ......
cempedaklife
post Apr 9 2021, 07:28 AM

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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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You think success overnight?
SUSRagingBalls
post Apr 9 2021, 07:35 AM

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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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Sounds like bahasa rempit.
Taken from blog post?
moiskyrie
post Apr 9 2021, 07:37 AM

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So lesson learn...
To become rich, no need study so high...
Matchy
post Apr 9 2021, 07:38 AM

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The original still at jalan TAR if I’m not mistaken...
emino
post Apr 9 2021, 07:42 AM

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Bab undermining effort orang, orang kita memang #1.

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