Posted by Mohd Shuk > 2012-03-25 02:51 | Report Abuse

Hi guys. This stock giving bonus, warrant and dividend? I don't understand why they giving so many thing. Can anybody explain? Is it worth or not?

Posted by playlj > 2012-03-25 23:50 | Report Abuse

I m buying into this share...
do your calculation. It is worth buying.

Posted by Mohd Shuk > 2012-03-26 01:57 | Report Abuse

I bought 4.20, so aftr get all this how any cent i worth or have to pay....plz explain...sorry i am newbie and trader

Posted by Mohd Shuk > 2012-03-26 01:57 | Report Abuse

I bought 4.20, so aftr get all this how any cent i worth or have to pay....plz explain...sorry i am newbie and trader

Posted by Mohd Shuk > 2012-03-26 01:57 | Report Abuse

I bought 4.20, so aftr get all this how any cent i worth or have to pay....plz explain...sorry i am newbie and trader

Posted by Ah Xiao > 2012-03-27 01:10 | Report Abuse

This share is worth to buy as is currently giving high dividend. worth buying. Consumer will never die

Posted by Mohd Shuk > 2012-03-27 06:19 | Report Abuse

Ah Xiao: AGree buy buy

Posted by fcsavana > 2012-03-28 08:46 | Report Abuse

i am going to buy it, but the price goes higher ady..is that worth to buy now ?

Posted by JimYeoh > 2012-03-28 08:47 | Report Abuse

not worth for trading buy..but good for long term holding

Posted by Mohd Shuk > 2012-03-28 08:52 | Report Abuse

Should Wait because market will down down.. Then Buy cheap for better future and SENYUM!!!

Posted by JimYeoh > 2012-03-28 09:39 | Report Abuse

left 3 days before the ex-date

Posted by Winston Paul > 2012-03-28 20:08 | Report Abuse

For every 1000 shares, you have to pay 93 cents to subscribe for the rights of 1000 shares. You will get additional 500 bonus shares and 500 warrants. All in after the exercise you will have 2.5k shares and 500 warrant with 62 cent dividend.

Posted by Mohd Shuk > 2012-03-28 20:30 | Report Abuse

Beli simpan!!! Duit CNY!!!

Posted by bvc100x > 2012-03-29 01:00 | Report Abuse

Paul, you only calculate the the share and warrent. You need to calculate the share price after given bonus share. If you calculate careful, 4.6 is way too high. Profit is not guarantee!

Posted by jacklew > 2012-03-29 12:24 | Report Abuse

that's right bvc100x. just like ivory recently, the price went down after the same exercise and instead of gain, they actually lose.

Posted by JimYeoh > 2012-03-29 12:49 | Report Abuse

Upside gain is very limited..

Posted by ktrader > 2012-03-29 13:09 | Report Abuse

Up or down depends very much on the company...Mflour is much better than Ivory and if you notice, early this year Mflour price keep on climbing up after adjustment for the share-split 1-2.

Posted by ktrader > 2012-03-29 13:14 | Report Abuse

The ex-price after rights, bonus and dividen comes out to about RM1.8+ if not mistaken!

Posted by bvc100x > 2012-03-29 17:11 | Report Abuse

ktrader is right. for eps times 5 is RM1.875. ex-price should be $1.875++. If ex-price below RM2.2, who buy RM4.65+ will lose.

Posted by ktrader > 2012-03-29 18:23 | Report Abuse

bvc100x, actually the ex-price depends on the last price on the trading day before the ex-day....in mflour case the last price traded tomorrow. Let say the price is 4.80 then the following is how, I think, to determine the ex-price (correct me if i'm wrong):

[2x(4.80 + 0.93 - 0.62)]/5 >>> = 2.04
right price dividen

5 = 2existing shares + 2right shares + 1 bonus share

Posted by Winston Paul > 2012-03-29 19:05 | Report Abuse

I think you are right ktrader. Lets see tomorrows closing price. The ex-price must be well supported. The warrant is icing on the cake.

Posted by Ah Xiao > 2012-03-29 20:18 | Report Abuse

ya..... tomrorow the price would be up for the support of the warrant price. is well depend on the mother share. expect an amazing suprise tomorrow

Posted by Mohd Shuk > 2012-03-29 20:48 | Report Abuse

My Call buy was at 4.35, Now 4.70!!! Profit 7% in 4 days!!! Rugi sape tak beli!!!

Posted by Ah Xiao > 2012-03-29 21:03 | Report Abuse

expect a boom tomorrow.... will up and up.... fast go and buy

Posted by buahhati > 2012-03-29 21:04 | Report Abuse

i baru beli , my average @ 4.35
my atas pagar ...dunno to keep or sell....

Posted by Mohd Shuk > 2012-03-29 21:10 | Report Abuse

Kaji atau tanya orang pakar macam remesier!!! Tanya lepas split rugi ke untung!!! If rugi, baik jual esok!!! Boleh dapat 10% if buy 4.35!!! if esk naik 4.90, lagi banyak untung!!! Jadi Kaji cepat,, u worth or not after split!!! If tak, jual esok!!! Masih untung lagi!!! KAji betul2!!!

Posted by ktrader > 2012-03-29 21:23 | Report Abuse

Doc buahhati, saya rasa baik simpan dulu sampai execise selesai....tengok CIHB recently...yang hold...fuyuhhh...$$$$$$$ !!!

Posted by aiwei1310 > 2012-03-29 21:29 | Report Abuse

hi! everybody..newbie here.. is that mean too late too enter now??tq

Posted by bvc100x > 2012-03-29 23:52 | Report Abuse

ktrader, you need to include broker fee and dividend tax too. dividend RM0.62 is actually RM0.475 and RM4.8 plus broker fee is RM5.06.

Posted by Shahir Aman Shah > 2012-03-29 23:56 | Report Abuse

newbie..... is still undervalued. go and buy..... the recent profit suggest this company has a very good potential. expect more special dividend in coming years.

Posted by faisal jaafar > 2012-03-30 00:54 | Report Abuse

Ktrader - CIHB is different, they have profit of 820 million ringgit to distribute to share holders. But MFL got quarterly profit of 20 million only. How to give money to share holders like CIHB? I don't think that we can get profit like CIHB. The risk is the same like CBIP before split price 5.13 split into 2 (bonus 1:1) price 2.50 now price 2.49 after two weeks. Correct me if I am wrong.

Posted by Mohd Shuk > 2012-03-30 06:40 | Report Abuse

Kena Kaji Betul2!!! If not worth after split, yang sudah untung boleh jual Hrini!!! If worth after split blh hold!!! Tapi kaji dulu!!! jangan speculate!!! tanya remesier anda!!!

Posted by ktrader > 2012-03-30 08:53 | Report Abuse

Shuk, what say your remisier?

Posted by buahhati > 2012-03-30 09:12 | Report Abuse

ktrader, no dr please

Hold on tight :-)

Posted by Kim Yap Lau > 2012-04-02 08:46 | Report Abuse

What is the best entry price ? RM1.90?

Posted by bvc100x > 2012-04-02 09:04 | Report Abuse

opening price $2. the overbought indicators (last week) is too high. now is not the time to entry. wait a few weeks. entry price 0.375 (eps) * 5 = $1.8

Posted by Shahrulfikri > 2012-04-02 14:13 | Report Abuse

If i am buying with $2.12..how??not good??i'm just new trader..

Posted by bvc100x > 2012-04-02 14:30 | Report Abuse

shah, yes $2.12 is still good ($1.9 is best). for 6 x eps, it is sell at $2.25. all last week trader (bought above $4.3) will loss money if the price not rise above $2.2! those big players are bank/investment company will all loss money. they must goreng until the price higher than $2.2 for sure. TP is $2.4~$3.0

Posted by Shahrulfikri > 2012-04-02 15:03 | Report Abuse

All right..sound good..really best information.=) just waiting for that TP..

Posted by cheese > 2012-04-02 16:13 | Report Abuse

Bought above 4.30 will consider loss if the price not go above 2.20? How to calculate?
My reminsier told this formula base on 2000 share of MFLOUR. (4.67-0.62+4.67-0.62+0.93+0.93)/5 = 1.992 = 1.99
If base on 4.3, then it will be 1.844 average price.

Posted by faisal jaafar > 2012-04-02 17:52 | Report Abuse

Krader, I think my assumption proven correct, it is not like CIH. So I refuse to buy even at 4.35. I will wait to enter at 1.8+ Save a lot of money already.

Posted by ktrader > 2012-04-02 17:55 | Report Abuse

right cheese...the calculation is similar to the one I posted the other day. And I've been wondering why to bvc100, the price 2.20 is only just to to break even? To me, if you sold all 5 lots @ 2.10 ....profit is already guaranteed !!

Posted by bvc100x > 2012-04-02 17:56 | Report Abuse

cheese, u need calculate 0.55% broker fee and dividend tax. $0.62 dividend is actually 0.465. if you calculate carefully enough, 4.3 is actually $2.1++ cost. people always forget the fee and tax. if all those bank only want to earn 2%... ok, consider i wrong.

Posted by ktrader > 2012-04-02 18:02 | Report Abuse

Faisal, from 1.99 and down first to 1.96 before surging to 2.14 is quite similar to CIHB last time...... this is what i meant.... And if one sold 2 existing shares at hand @ 2.10- 2.14.....profit already !

Posted by ktrader > 2012-04-02 18:07 | Report Abuse

bvc100x is correct abt the dividen ...less 25% tax....

Posted by bvc100x > 2012-04-02 18:10 | Report Abuse

1600 liao, next 1680. then you sell all your shares... hehehe

Posted by faisal jaafar > 2012-04-02 18:21 | Report Abuse

Trader- CIHB top price before giving dividend was 5.02. After giving dividend of 4.60 the share price was 1.17. Dividend plus new price total 5.77. You make profit of 72 cts. MFL 2.08 + 2.08 + 0.46 dividend comes to 4.62 only. How could you make money if bought top price at 4.67? For sure you lose money on this counter.

Posted by faisal jaafar > 2012-04-02 18:31 | Report Abuse

ktrader - on top of this CIHB give another dividend of 50 cts. Total profit was RM1.22. I still hold quiet substantial number of shares on this counter. Now the price is 1.24.

Posted by ktrader > 2012-04-02 18:32 | Report Abuse

How abt the 2 rights @0.93 plus the warrant?....still losing? I'm considering the overall exercise here....and don't discount the possibility for the price to be played up further... to attract good subscription for the rights....

Posted by bvc100x > 2012-04-02 18:35 | Report Abuse

faisal, if you dun understand how to calculate. can check previous comments.