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I see no future in 99 coz business open at 10 am n the goods sold are limited to a few items only ! Even can’t find any eggs ? With so much limitations n the overhead costs are high , surely can’t make any monies likewise the earnings are limited
According to analysis of one independent house, open too many outlets in short time plus the revenue growth per store is stagnant, 99 mart definitely doesn’t worth more than 1.80. Low NTA model as well..
PE 40 for this stock is unbelievable! Can the stock withstand the test of time ? Possibly like Mrdiy that the stock fly high to 4 n going down roller coaster to RM1+. Senses recover n its PE has come to meet the nemesis !
