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CTOS has solidly profitable business, why worry? invest for their business and future. When the economy is bad, more companies are in trouble, and this is where CTOS makes more money. The first few days rocket, because some players took profit, and some trying to wait for more profit to sell, but too bad, price going down, and then they start to freaked out, and that's caused the price to go down more. When all these players are OUT, the counter should be stable and climbing up steadily.
MyDIY, why worth so much ? Because investors are buying for hope and future. myDIY have so many outlets, it’s Reachability. Also they are opening MrToys, MrXXX, more to come… they are expanding away from only Hardwares.
CTOS model is companies/ individual go to them, they don’t have to open many outlets to get the customers. MyDIY is going to the customers, they have to open many many outlets to reach their customers.
I seriously don't think Mr DIY make much money. consider the outlet location, high rental, many staffs.. low margin.. not own product, all OEM stuff.. if only Msia got company like "Muddy Water Research" to deep in investigate.. just my opinion la
Yes, MrDIY looks having high rental, high cost, etc...those we really do not have the actual info, but I only see ONE thing, MrDIY have caused many other DIY and hardwares shops down-sized or shut down. To me, this is so powerful. A new comer can shake the market and create havoc.
