This company no CEO one and the directors hold negligible amount of shares only.

Aug QR gonna reflect low bird price + weakening of Rupiah + lower flour sales volume estimation.
Hopefully in June bird price will shoot up significantly + USD weakened. Then Mflour will be perfect.

I see you guys are so bullish so I provide some critic so that you guys won't be too over the moon.

Guys, April to mid-May live bird price average.
2017 - RM4.7
2018 - RM4.7
2019 - RM3.8

I'm very lusting to Penta...

You guys better watch out the Rupiah, it can do total damage to Mflour.

I suddenly realize from 2018 onwards the rupiah influence is weighted more than the ringgit influence for Mflour. The 2018 total loss is all because of Rupiah weakening.

Maybe got some problems maintaining the high sales volume.

And your previous Bahvest and Hengyuan call kantoi one wor.. Can't trust you 80%.

They already said 2019 a significant improvement. But the exchange rate doesn't side with them now. And everybody knows this coming QR will be very good because Jan-Mar RM strong. But in stock market, we look very far ahead one.

They got say the how the weak RM will affect Mflour cost or not?

If Trump and China continue to fight until next year Nov, USD1=MYR5 is a possibility. At that time Mflour jialat lo coz have to use a lot of RM to buy US raw materials.

I think that GFM's services are like servant job. Nvm, GFM definitely will survive for long but definitely not on explosive growth. The acquisition of KPMD merely adds a stable earnings to the group but certainly not providing a new phase of growth.

https://www.thestar.com.my/business/business-news/2019/05/23/kossan-targets-higher-profit-margins-cutting-costs/

Hi moneykj.

OK. 2020 can start buy.

Someone goreng from 0.09 liao. NEXT...

Now the QR superb also no use.

Good. Safe heaven.

USD1=MYR4.20

Now I also find cover in Takaful & Harta only.

As for us bilis, we will stay aside until the storm over and the momentum builds up again in ARB.

But due to current sentiment, no point for the operator to goreng.

I'm very sure this ARB has bottomed. And the fact that the operator hasn't left.

Technical comes from fundamental.

My expectation:
Aug QR profit 110m
Nov QR 125m (due to continuing strengthening of USD)
Feb QR jump in earnings
2020 all year long exponential growth

AMG reference from MD.
https://www.thestar.com.my/business/business-news/2018/08/10/new-gloves-to-account-for-10-of-hartalegas-export-volume/

-The Group is confident that we have set the stage for our next wave of growth.
-In the process of securing approval from the US Federal Drug Administration to introduce antimicrobial glove to the US market.
-Hartalega’s growth momentum is set to remain strong.

Source: AR 2018

Aiyoyo. If Trump and China keep on fighting we might see USD1=MYR5. Just imagine the resilient glove sector forex gain.. Healthcare awareness is very high in many societies now.

Maintaining at 4.15 is good.

I expect the August QR earnings to rebound to like RM110m due to the sharp strengthening of USD in April & May. Thus bringing its fair value back to RM6.
If Trump and China continue to fight, that would be a bonus.

Whatever it is, the current support levels are too tempting for me to bet a rebound right on Thursday.

Since the price has gone back to pre-QR price, I gonna check whether the operator has left.

What Trump will say in future we won't know. But I'm sure every stock has its bottom and I'm betting on ARB.

This is a bad market. But certainly not a crisis market. Many businesses are still making money.

Aiyo is Trump caused all this la.

After 4:50pm you can only buy at the last done price.

TBH I doubt there are enough sellers to press it to 375. haha

From my technical point of view, Thursday either continue crashing to 0.375 or stage a rebound to 0.44. Even if it crashes to 0.375 on Thursday, on Friday it must immediately stage a rebound to 0.41 to justify goreng plan still intact.

Earlier on I bought 0.47 sold 0.59 mah. Here I made quite a substantial amount. Now I am still burning some profits only. I don't mind burn it all to prove that I'm wrong.

Thursday try buy @ 405. Happy holiday!

Teo Seng is good if Leong Hup didn't exist.

Still below fair value.

Tips: Teoseng warrant has 8 more months lifespan.

Bye Mflour. I cannot stand the forex impact d.

Exited at 415 and fled to Harta d.

Best stock to safekeep your harta now.

Just wait QR.

This ARB operator proved to be too tough for me.

Almost an hour no trades.