Like i have said earlier on 14 & 15 March, only patience and understanding on the company will achieve success in investments. Patience is the key to success. Well done MFLOUR. I believe the qtr 1 results should be on track and will return to the expected reasonable profits.
janetchiam8: Thank you very much for the info and clarification. Very useful info.
You comment above on 13 March. You must be happy by now if you bought the warrants and shares middle of March. A span of half a month, you returns should be more than 20% by now.
those shareholders who subscribe the RCULS and the Rights Shares early January 2019, with effective cost of RM0.40, they must be laughing their way to banks tomorrow.
100% gain in shares + free warrants trading near RM0.50.
The owner of the Company is really good in focusing in the business and enhance the shareholders' value. The genuine commitment in the business shown by the owner of MFLOUR, this type of owner is very well respected.
Sweet...looks like the owners are putting the rights money in good use... Q1 results should be awesome as the plants should be in full capacity... Reaching TP already!
The owner of the Company is really good in focusing in the business and enhance the shareholders' value. The genuine commitment in the business shown by the owner of MFLOUR, this type of owner is very well respected. - Due to this, I am buying Mflour
MFM is primarily involved in the flour milling and poultry businesses. In the poultry space, MFM produces broiler chickens. MFM’s competitors in the broiler business are Huat Lai Resources (privatised) and CAB Cakaran. MFM’s competitors in the flour milling business are PPB Group’s Federal Flour, Interflour Holdings and Kuantan Flour Mills.
MFM is a BUY for the following reasons: 1. MFM’s fully diluted PEs of 12.0x for FY19F and 10.3x for FY20F are undemanding. A decent consumer-related company trading at low PE valuations is a rare find nowadays. MFM’s dividend yields are forecast at 4.2% for FY19F and 4.9% for FY20F. 2. After a weak FY18, MFM’s earnings are expected to recover in FY19F. We forecast MFM’s net profit to improve by 293.8% in FY19F and 16.9% in FY20F as operations normalise and contribution from the new poultry and aqua feed plants come in. MFM’s poultry division was hit by a disease and falling selling price of live birds in FY18. The group’s flour division was affected by high wheat costs in Malaysia in FY18. 3. MFM is expected to be one of the largest integrated poultry players in Malaysia in FY20F upon the completion of its poultry processing plant in Lumut in 3QFY19. This is expected to sustain MFM’s earnings growth and operating profit margin in the long term. With an installed production capacity of 240,000 of chickens per day, MFM would entrench its position as the biggest producer of broilers in the country. MFM would be involved in almost every segment of the value chain from the rearing of day-old chicks to the production of broilers.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Supreme Consolidated Resources Berhad, a distributor and warehouser of F&B products, aims to list on the ACE Market!
MQ Trader 392 views | 10 d ago
0:17
New IPO: O&G healthcare service provider, Metro Healthcare Berhad aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
lai81533
987 posts
Posted by lai81533 > 2019-03-28 12:32 | Report Abuse
Willl try. Enter 100000 units
0.9328
0.9395
0.9459
0.9528
0.9587
0.9638
0.9684
0.9728
0.9769