this one really respek, they managed to put pasar malams into all the malls

mean chinaman budaya is key success.

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.

that's mean you not fully understand chinaman budaya yet.

As of December 2020, Creador-backed[1] MR. DIY Group owns and operates 734 stores in Malaysia.

Established in 2011 by Brahmal Vasudevan, the firm has raised close to $1.5 billion of investor commitments across 4 private equity funds since inception.[2][3] The firm invests in various industries including financial services, consumer durables, retail, F&B, pharmaceutical, healthcare, media and business services.[4]

If only they import quality stuffs like in the US...

If only they import quality stuffs like in the US...

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.

If only they import quality stuffs like in the US...

If only they import quality stuffs like in the US...

If only they import quality stuffs like in the US...

you want that 1 . you can go to Ace hardware

i think they started with a few stores first? then expand?

If only they import quality stuffs like in the US...

They didnt tell who actually behind the company.

Same stoly of speedmart

you want that 1 . you can go to Ace hardware

Yup but limited choice

See the hatred and jealousy?

kecian noob. know nothing.

kecian noob. know nothing.

If only they import quality stuffs like in the US...

1. Even wonder if how money laundering work?
2. So big yet no other helang try to swallow it alive? Really? Or is it no helang dare to act?

What language are they using? This is not the bm i learnt in school.

dont simply accuse or even imply, later you get LOD cry mami cry dadi

Not really easy just to open 1 hardware store in msia ..500k cannot see much thing oso in a normal shop ..wan to open 700 shop need serious capital injection..

U know everything. Better not to hv such hatred  it won't bring u far.

But they seem to be moving away from hardware shop biz. Now it's like sundry shop.

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.

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.

Yes bosses. All information released on internet must be the truths and facts.

I salute Mr DIY !!!

Yes bosses. All information released on internet must be the truths and facts.

I salute Mr DIY !!!

Lim Wee Chai -> Physics graduate UM

Tan Yu Yeh -> Physics graduate UM

see the pattern?

What language are they using? This is not the bm i learnt in school.

Yes bosses. All information released on internet must be the truths and facts.

I salute Mr DIY !!!

See the hatred and jealousy?

Lim Wee Chai -> Physics graduate UM

Tan Yu Yeh -> Physics graduate UM

see the pattern?

In Aus you have Bunnings

I once go out jalan2 with gweimoi at Bunnings

But things ended before we got serious, sigh

The pattern i see is that physics graduate cannot cari makan doing physics. Need do business.

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

Cina memang hebat

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.

Selective response topkek

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.

https://en.wikipedia.org/wiki/Creador

its posted a few pages before

no wonder bake with yen suddenly exploded with branches, store upgrades, online,...

Malaysia a lot of business were under invested. Look at mcd under berjaya... ok but getting dated. After been sold to saudi investment fund they really upgraded most of their stores and now all have self service counters modern ambience kitchen renovated etc. Yahudi pricing but still packed with customers,because they like the ambience and offerings.

Or look at jaya grocer. Suddenly every new mall sure got this store even though their prices are not really cheap. All new stores etc. serious capital injection.

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.

What language are they using? This is not the bm i learnt in school.

Weakness exposed then proceed to optimists and pessimists talk.

Can share the edge’s link to the said research or study? Mintak share lah topkek

this one really respek, they managed to put pasar malams into all the malls

If you’re a middle aged and allegedly experienced businessman, I pity you that you have such negative energy and mindset. Can’t be happy in life.

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.

Could be a failed businessman, so if people successful it's all bcoz money laundering only. Cannot be that their business is good.

they are funded by private equity, dont be lazy go do more research. In Mr. DIY case, part of the equity are funded by Creador.
https://creador.com/portfolio-companies/
Their website as per above. Thank me later.

branding done well..

actually a lot stores sell same thing heck even Cowboy sell a lot more varieties and bigger just less to be found

Malaysia a lot of business were under invested. Look at mcd under berjaya... ok but getting dated. After been sold to saudi investment fund they really upgraded most of their stores and now all have self service counters modern ambience kitchen renovated etc. Yahudi pricing but still packed with customers,because they like the ambience and offerings.

Or look at jaya grocer. Suddenly every new mall sure got this store even though their prices are not really cheap. All new stores etc. serious capital injection.

This one gotta give mad respect. U go in come out sure buy something.

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.

Few times already I go in, can't find what I want, didn't buy anything.

Ive bought kitchen utensils, pet collar and bowls and some garden tools and light bulbs.  You get what you pay for. Although their metal bowls do last. I say its like ordering cheap china stuff from shopee but without having to wait for shipping.  Oh and a few hardware tools., the biggest was an impact drill. That one I’m still using.

Tak karat ke? Every tool I've bought from them karat wan.

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.

this one really respek, they managed to put pasar malams into all the malls

There is no way they could have opened 700+ stores nationwide plus stores in the whole of ASEAN without some serious capital backing.

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.

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.

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

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.

This the best summary. Pasar malam that you can go to every day, day or night.

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.

you want that 1 . you can go to Ace hardware

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.

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.

What language are they using? This is not the bm i learnt in school.