MALAYAN FLOUR MILLS BHD

KLSE (MYR): MFLOUR (3662)

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Last Price

0.635

Today's Change

+0.005 (0.79%)

Day's Change

0.63 - 0.635

Trading Volume

1,125,700


23 people like this.

7,336 comment(s). Last comment by thundery 3 weeks ago

sooaria

804 posts

Posted by sooaria > 2019-04-02 14:53 | Report Abuse

Engteng9688 - Yes, I agree with you , Mflour a good buy, and will shot up RM0.90 soon

KISSinvest

141 posts

Posted by KISSinvest > 2019-04-02 18:34 | Report Abuse

Oh my mighty God, will mflour drop back to 0.74? But my god father asked me to hold only. Can tell me tonight?

rob_z3_man

1,833 posts

Posted by rob_z3_man > 2019-04-02 20:25 | Report Abuse

Tmrw. Rm 1

samyew1234

1,362 posts

Posted by samyew1234 > 2019-04-02 20:56 | Report Abuse

will back to 75, no joke

Posted by SGproptrade > 2019-04-03 00:35 | Report Abuse

Well analysed Sooaria, totally agreeable with you!

Money122

982 posts

Posted by Money122 > 2019-04-03 01:30 | Report Abuse

I think coming QR good result due to low wheat price,forex gain,llive birds decease under control...etc

lai81533

987 posts

Posted by lai81533 > 2019-04-03 03:32 | Report Abuse

Strong movement
0.8641
0.8805
0.8964
0.9088
0.9178
0.9248
0.9328
0.9395
0.9459
0.9528
0.9587
0.9638
0.9684
0.9728
0.9772
0.9827
1.0029
1.0128

Huat1

2,509 posts

Posted by Huat1 > 2019-04-03 07:21 | Report Abuse

What's that?
Projections?
Based on what?

Posted by Investar2862 > 2019-04-03 07:32 | Report Abuse

MFlour's business in Vietnam has great potential too - currently the second largest flour mill in Vietnam. Vietnamese's consumption/usage of flour is on the rise.

Posted by sooaria > Apr 2, 2019 2:53 PM | Report Abuse

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.

Posted by janetchiam8 > 2019-04-03 07:58 | Report Abuse

SUPPORT LINE11h ago
Malayan Flour Mills
Bullish return for Malayan Flour Mills spotted at 200-day SMA
Malayan Flour Mills
________________________________________
• SUPPORT LINE
• Tuesday, 2 Apr 2019
8:00 AM MYT

• by fong min yuan

MALAYAN Flour Mills Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png
is gaining momentum as it approaches the 200-day simple moving average (SMA).

this year. Its gradual positive retracement has seen it cross over the 50- and 100-day SMAs in what can be seen as a return to more positive sentiment.

sooaria

804 posts

Posted by sooaria > 2019-04-03 08:10 | Report Abuse

Thank you SGproptrade & Investar2862 , both of you have great foresight, and lets huat together

sooaria

804 posts

Posted by sooaria > 2019-04-03 08:10 | Report Abuse

Yes, Janetchiam8 , I totally agree with you, Mflour is churning out towards RM0.90 very soon

sooaria

804 posts

Posted by sooaria > 2019-04-03 08:11 | Report Abuse

With all the good signs and indicator align for MFlour, Lets Huat together

goody99

1,814 posts

Posted by goody99 > 2019-04-03 09:20 | Report Abuse

huge volume the other day so will probably consolidate for days/weeks. If you are short term player, better sell now

puntters

43 posts

Posted by puntters > 2019-04-03 11:27 | Report Abuse

Janetchiam, u shud thank me hahahaa

chl1989

2,552 posts

Posted by chl1989 > 2019-04-03 11:47 | Report Abuse

mother honda warrant ferrari :)

puntters

43 posts

Posted by puntters > 2019-04-03 11:48 | Report Abuse

mother Ferrari warrant F1

goody99

1,814 posts

Posted by goody99 > 2019-04-03 11:49 | Report Abuse

wow, my prediction was wrong. Going up instead...

puntters

43 posts

Posted by puntters > 2019-04-03 11:55 | Report Abuse

your prediction was wrong coz you buy and sell same day. should hold more than 1 month, you can see more than 50% gain.

Posted by janetchiam8 > 2019-04-03 12:31 | Report Abuse

Sincere thanks to all, to esp Puntters , for all your invaluable contributions on Mflour.
Its exciting growth prospects and potential will be great to watch in the months and years to come. It will be greatly rewarding to all its investors

puntters

43 posts

Posted by puntters > 2019-04-03 14:01 | Report Abuse

You are most welcome janetchiam.
See you above RM0.95 for mother and RM0.65 for warrants by July 2019.

13 Mar 2019 I wrote this:

"See you at RM1.00 for mother share and 55 sen for its warrant. Patience is key to success."

Mother share now is RM0.84 (at that time was RM0.745/RM0.75). Easily 12% gain

Warrants now is RM0.54 (at that time was RM0.375/0.38). Easily 40% gain.

Easily 52% gain in total (12% + 40%) slightly more than half a month investment.

RM1.00 will surely come, it is just a matter of time for Q2 results by August 2019 but may be by the company's AGM, may have already reaching RM1.00

Wait for the next consolidation to buy again.

Congratulations for all who have been patience for only 16 days period and already able to achieve a gain of 50%.

Pilotsport

1,064 posts

Posted by Pilotsport > 2019-04-03 14:43 | Report Abuse

低調低調said all in...tp1.0

SDR245

1,675 posts

Posted by SDR245 > 2019-04-03 19:42 | Report Abuse

Dividends credited in account today. Take profit first. Good luck guys.

chl1989

2,552 posts

Posted by chl1989 > 2019-04-03 22:49 | Report Abuse

tp 1.5 :)

Superb99

6,603 posts

Posted by Superb99 > 2019-04-04 06:30 | Report Abuse

Sold, will wait for retracement

lai81533

987 posts

Posted by lai81533 > 2019-04-04 09:06 | Report Abuse

0.6687
0.6658
0.6645
0.6492
0.6496
0.6526
0.6564
0.6607
0.6655
0.6726
0.6781
0.6830
0.6878
0.6960
0.7020
0.7091
0.7188
0.7251
0.7315
0.7370
0.7453
0.7497
0.7538
0.7607
0.7680
0.7825
0.8107
0.8317
0.8419
0.8641
0.8805
0.8964
0.9088
0.9178
0.9248
0.9328
0.9395
0.9459
0.9528
0.9587
0.9638
0.9684
0.9728
0.9772
0.9827
1.0029
1.0128
1.0247

lai81533

987 posts

Posted by lai81533 > 2019-04-04 09:08 | Report Abuse

0.9528
0.9587
0.9638
0.9684
0.9728
0.9772
0.9827
1.0029
1.0128
1.0247
1.0301

lai81533

987 posts

Posted by lai81533 > 2019-04-04 09:45 | Report Abuse

Strong

goody99

1,814 posts

Posted by goody99 > 2019-04-04 09:58 | Report Abuse

lai81533, please explain the numbers given. How do we interpret your numbers?

lai81533

987 posts

Posted by lai81533 > 2019-04-04 11:23 | Report Abuse

Harta

evan10

2 posts

Posted by evan10 > 2019-04-04 11:29 | Report Abuse

can enter today? seems like dropping.. sorry I'm newbie here

goody99

1,814 posts

Posted by goody99 > 2019-04-04 11:37 | Report Abuse

evan10, you should buy when the price is red


if you do not own a charting software, you can download Chartnexus here:

http://www.chartnexus.com

goody99

1,814 posts

Posted by goody99 > 2019-04-04 11:41 | Report Abuse

click the subject and read the headlines. There are some good articles about Mflour

https://klse.i3investor.com/servlets/stk/overview/3662.jsp

evan10

2 posts

Posted by evan10 > 2019-04-04 11:54 | Report Abuse

Thanks goody99~

684780829

3,649 posts

Posted by 684780829 > 2019-04-05 08:21 | Report Abuse

Looks like another interesting day. Upwards

lai81533

987 posts

Posted by lai81533 > 2019-04-05 09:33 | Report Abuse

goody99, index momentum

lai81533

987 posts

Posted by lai81533 > 2019-04-05 09:35 | Report Abuse

0.6578 0.6300
0.6633 0.6250
0.6695 0.6250
0.6687 0.5350
0.6658 0.5300
0.6645 0.5100
0.6492 0.4850
0.6496 0.5050
0.6526 0.5100
0.6564 0.5200
0.6607 0.5250
0.6655 0.5400
0.6726 0.5550
0.6781 0.5750
0.6830 0.5600
0.6878 0.5600
0.6960 0.5850
0.7020 0.5650
0.7091 0.5950
0.7188 0.6100
0.7251 0.6100
0.7315 0.6050
0.7370 0.5950
0.7453 0.6050
0.7497 0.5550
0.7538 0.5550
0.7607 0.5850
0.7680 0.6100
0.7825 0.6450
0.8107 0.6900
0.8317 0.7050
0.8419 0.6800
0.8641 0.7150
0.8805 0.7400
0.8964 0.7900
0.9088 0.7650
0.9178 0.7600
0.9248 0.7450
0.9328 0.7600
0.9395 0.7450
0.9459 0.7650
0.9528 0.7550
0.9587 0.7650
0.9638 0.7400
0.9684 0.7500
0.9728 0.7350
0.9772 0.7400
0.9827 0.7600
1.0029 0.8250
1.0128 0.8100
1.0247 0.8400
1.0328 0.8400
1.0380 0.8400

lai81533

987 posts

Posted by lai81533 > 2019-04-05 09:36 | Report Abuse

Strong momentum

Posted by janetchiam8 > 2019-04-05 10:46 | Report Abuse

My positive views :-
(CHOIVO CAPITAL) A conversation with a very wise Ex-Banker
Author: Choivo Capital | Publish date: Sat, 30 Mar 2019, 5:49 AM
Agrees with this ex-banker on his bullish view of Mflour's flour milling business (and I quote)

“Most of MFLOUR’s chickens are sold to Texas and KFC, so they don’t lack demand. The real growth however, for me is going to come from the Flour factory in Vietnam.
Vietnam is very influenced by the French, every morning they eat croissants and baguettes.
There is this dish called Banh Mi that is made using baguettes or croissants. As the country gets richer, they are going to eat more of this.
And to top it off, there is only one other competitor in Vietnam when it comes to flour. So, for me, I’m quite happy with it”.
Aminvest also gave a very good fundamentally based report on 11 March 2019 :-

MALAYAN FLOUR (MFL MK, MFMS.KL) 11 March 2019 POULTRY AND FLOUR

Chicks rule the roost Company report BUY Gan Huey Ling, CFA gan-huey-ling@ambankgroup.com 03 2036 2305 (Initiation)

Note that Mflour have got 2 flour mills in Vietnam (1 each in the North and the South) Plus another 2 flour mills in Indonesia. Both Vietnam and Indonesia have huge populations with good demand for flour for their staple diets.

And Mflour is the 2nd biggest Flour Mill in Malaysia (after Robert Kuoks’s Federal Flour)

Combined with Mflour’s large capacity expansion in its Intergrated Poulty Segment, eg, :-

3x poultry processing capacity to be completed in 1Q of 2019 in phases (As at 31 October 2018, the construction of the additional poultry processing is approximately 83% completed (from 80k birds to 240k birds per day). Running at full capacity of 80k bird in 4Q18.

50% Malaysia fast food restaurant chicken supply come from Mflour (McDonald’s, Texas Chicken, Nando’s and Domino’s Pizza.) (source: CFO mentioned this in BFM interview)
The prospects for Mlour’s business growth and profits are indeed very bright

goody99

1,814 posts

Posted by goody99 > 2019-04-05 11:42 | Report Abuse

so difficult to get a cheaper re-enter price...

lai81533

987 posts

Posted by lai81533 > 2019-04-05 11:59 | Report Abuse

Strong Momentum

Posted by Treasure_stalker > 2019-04-05 15:44 | Report Abuse

if hits 0.86, the price will fly even further

rob_z3_man

1,833 posts

Posted by rob_z3_man > 2019-04-06 09:17 | Report Abuse

Next week 0.95

VincentTang

1,227 posts

Posted by VincentTang > 2019-04-07 12:14 | Report Abuse

Director keep on dispose, you all still buy kah

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6117305

rihc

29 posts

Posted by rihc > 2019-04-07 12:21 | Report Abuse

Sifu already downgrade Mflour to sell because of right issue. Target price has been reduced.

Posted by janetchiam8 > 2019-04-07 13:07 | Report Abuse

rihc. You are mistaken.

The Rights issue had already successfully completed last year ( in December 2018 )

Raised about RM285M which had been productively utilised to expand by 3 times the production capacity of its Intergrated Poultry Segment in Lumut Perak.

Currently some shareholders and Directors are only exercising and converting some of their Warrants and Iculs into Mflour mother shares. Such conversions are positive indications of their bullish views in the bright business growth and increasing profitability of Mflour

Posted by Treasure_stalker > 2019-04-07 13:58 | Report Abuse

VincentTang, u see MYEG all subtantial shareholder also selling significantly, does it mean it overvalue. @@

Posted by janetchiam8 > 2019-04-07 14:26 | Report Abuse

Anyway there are no sales of MFLOUR mother shares. Some Directors are only only selling some of their WARRANTS .They have lots of Warrants.

Also they are converting their Iculs to mother
. shares

rihc

29 posts

Posted by rihc > 2019-04-07 18:52 | Report Abuse

See what happen to Mflour tomorrow, I bet it drop.

Posted by Investar2862 > 2019-04-07 20:57 | Report Abuse

One of the directors TAN SRI DATO’ SERI ARSHAD BIN AYUB sold his shares (warrants) since 14 February 2019.

Share price of MFLOUR was RM0.585on 14 February.
You know what's the share price close of last Friday?

Yes, it closed at RM0.84 on 5th April 2019

Got my message??
Need me to explain on the effect of the sales of this director's shareholding??



Posted by VincentTang > Apr 7, 2019 12:14 PM | Report Abuse

Director keep on dispose, you all still buy kah

http://www.bursamalaysia.com/market/listed-companies/company-announcem...

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