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Ok lar, not too bad. They opened many new stores, and margin have improved. Maybe because of temporarily strong ringgit. My concern is that same store growth has already slowed. This could mean theyre opening stores too close to each other, or customers are starting to spend elsewhere. Might be time to stop opening new stores and focus on improviing performance at existing store.
I always go and window shopping at Mr Diy, some of their shops are selling cheap snacks and tibbits that the price are cheaper than Ecoshop. but ecoshop have more variety.
One mountain cannot have 2 tigers. The bigger cats will outlive the smaller cats. That is why both stock prices should go downtrend in the next 1 to 2 years.
