Posted by Investar2862 > 2019-04-07 21:02 | Report Abuse

Good observations janetchiam8


Posted by janetchiam8 > Apr 7, 2019 1:07 PM | 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 KPH5328 > 2019-04-08 11:00 | Report Abuse

Current live bird price has dropped >30% as compared to Jan 2019
http://www.dvs.gov.my/index.php/pages/view/2157

Posted by janetchiam8 > 2019-04-08 11:48 | Report Abuse

CHICKEN PRICES FLUCTUATES AND ARE SEASONAL. PRICES WILL GO UP AGAIN NEXT MONTH AS WE APPROACH HARI RAYA FESTIVE SEASON.

THE OTHER POSITIVE FACTOR IS THAT FEED MEAL COSTS HAD ALSO COME DOWN THUS REDUCING OPERATING COSTS. (AIDED BY OUR HIGHER RINGGIT AGST USD

Posted by janetchiam8 > 2019-04-08 12:07 | Report Abuse

Recall what the "wise ex-banker said " in the interview :-

Mflour's big growth is in its flour milling business with its 5 mills (in Malaysia its the 2nd largest after Robert Kuok's Federal Flour ) PLUS 2 in Vietnam and 2 in Indonesia.

Mflour's businesses are diversified and that's good

Posted by Huat1 > 2019-04-08 12:10 | Report Abuse

Buy on weakness

Posted by rob_z3_man > 2019-04-08 12:47 | Report Abuse

Cry on weakness

Posted by Choon Soo Tan > 2019-04-08 13:00 | Report Abuse

It is just healthy retracement. Nothing to woery. A rest before prepare for next rally.

Posted by goody99 > 2019-04-08 14:45 | Report Abuse

rihc, please share what you know...

Posted by itch > 2019-04-08 15:08 | Report Abuse

Opportunity to buy at lower prices!

Posted by sooaria > 2019-04-08 15:47 | Report Abuse

TAN SRI DATO’ SERI ARSHAD BIN AYUB - since Mar2019 had been disposing his many shares, and up to Apr 2019, still disposing, that why Mflour keep on dropping today

Posted by carilembu > 2019-04-08 15:48 | Report Abuse

Opportunity to lose more money at this price..

Posted by sooaria > 2019-04-08 15:49 | Report Abuse

drop till RM0.8 today

Posted by liang524 > 2019-04-08 15:49 | Report Abuse

funny. if the shares dropping because tansri keep disposing his shares, but why is it keep rising the past month?

Posted by UnicornP > 2019-04-08 15:53 | Report Abuse

Should not close <0.8

Posted by hillmen > 2019-04-08 16:17 | Report Abuse

i would like to buy this stock, is today price RM0.805 best enter price?

Posted by 684780829 > 2019-04-08 16:24 | Report Abuse

I am keeping this for at least 6 months.

Posted by Treasure_stalker > 2019-04-08 16:29 | Report Abuse

i bought additional 100 lots at 0.78. keeping till end of may when the quarterly report is released.

Posted by banker33 > 2019-04-08 17:27 | Report Abuse

time for it to lau sai, cannot everyday go up lah.

Posted by rob_z3_man > 2019-04-08 17:29 | Report Abuse

Tmrw limit up

Posted by samyew1234 > 2019-04-08 17:41 | Report Abuse

today drop as otb issue sell call la

Posted by samyew1234 > 2019-04-08 17:41 | Report Abuse

this is the main reason

Posted by Bigbull99 > 2019-04-08 17:59 | Report Abuse

Owh no wonder. I thought why the sudden sell down. Means there is still potential in the company.

Posted by rob_z3_man > 2019-04-08 18:10 | Report Abuse

Wah master ooi sekejap Beli sekejap buang

Posted by goody99 > 2019-04-08 19:02 | Report Abuse

samyew1234, what did OTB say about Mflour?

Posted by Bigbull99 > 2019-04-08 22:00 | Report Abuse

Ya what did OTB say. OTB and his gang always buy then buang despite company having potential.

Posted by itch > 2019-04-08 22:53 | Report Abuse

OTB is actually a trader. He never hold for long despite saying he will hold for 6 or 9 months.

Posted by manutdchampion > 2019-04-08 23:17 | Report Abuse

https://klse.i3investor.com/m/blog/nanyang_stock_expert/200573.jsp

Posted by puntters > 2019-04-09 10:15 | Report Abuse

janetchiam8 wrote this on 07/04/2019 1:07 PM. Corrections stated here:

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

Correction:
The Rights Issue was completed on 28 January 2019, where all the Rights Shares, RCULS and Warrants were listed on 28 January 2019.

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

Correction:
Total amount received by MFLOUR from the Rights Issue exercise was approx, RM287.705 million which was oversubscribed and successfully raised RM275 mil based on the entitlement ratios. The remaining amount of approximately RM12.70 million was refunded to applicants. These amount of money will be used to repay revolving credit facilities which was already drawn down to pay for CAPEX as stated in the Abridged Prospectus. Company drawn down revolving credit to pay for CAPEX safe time and it's faster to path for better prospects.

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

Correction:
Based on the announcements, there are no Directors converting any of their RCULS which bear 5% interest income per annum, which will pay semi-annually by MFLOUR to the RCULS holders. I believe many RCULS holders converting their RCULS into MFLOUR Shares as they believe a better capital gain + potential dividend payout which may be better than the 5% interest income from RCULS. In addition, those free warrants issued to the shareholders who subscribed the rights issue is already in the money. Warrant holders pay RM0.68 to MFLOUR to convert into MFLOUR share which is now worth RM0.82, can earn RM0.14 (RM0.14 divide by RM0.68 x 100 = 20.60%) immediately can earn 20.60%. Where to find such a good deal? Find at MFLOUR counter.

By the way, notwithstanding the drop in live bird selling price which may lower the margin in MFLOUR's poultry segment, bear in mind that the new poultry integration plant has capacity to slaughter 240,000 birds per day. It make more sense for MFLOUR to channel their live birds to slaughter and process in order to command a better margin mah. Why want to sell those live birds where the selling price up down up down so uncertain. Right? Think about it. Sometimes logic does make sense.

See you all at RM1.00. Believing is really real. Dream will come through. Cheers.

Posted by ccy123 > 2019-04-09 10:25 | Report Abuse

keep for 2 year. Target easily above 1.80. The real kicker is their Vietnam and poultry capacity expansion

Posted by ccy123 > 2019-04-09 10:26 | Report Abuse

This is what investment in stocks market all about

Posted by ccy123 > 2019-04-09 10:27 | Report Abuse

Buying into future with calculated risk

Posted by Lukesharewalker > 2019-04-09 10:38 | Report Abuse

Annualized last QR ..84 mil translate to 8 eps..fully valued?

Posted by puntters > 2019-04-09 10:47 | Report Abuse

If annualised the profits, assuming RM80 million net profits, with 987,674,691 units of shares (based on announcement on 5 April 2019), the EPS is estimated at RM0.081

PE ratios of 10 times will be RM0.081 x 10 = RM0.81

Do you think a food producer company is only worth 10 times of the EPS / profits?

We shall wait how market price Leong Hup and QSR (has many many KFC outlets cash business).

Food producer company like MFLOUR (sell flour sell poultry) all are the food every human makan.

Based on the other similar listed companies, their shares are trading more than 20 times of their EPS. This is how market assigning a value to these companies.

With that, I believe with 20 times of the potential EPS MFLOUR can achieve, it is estimated:

RM0.081 x 20 = RM1.62 by January 2020. Wawasan 2020. Hidup MFLOUR, Hidup Tun hahahaha....

Posted by Lukesharewalker > 2019-04-09 11:38 | Report Abuse

Margin of safety

Posted by ccy123 > 2019-04-09 11:57 | Report Abuse

overly margin of safety = forgone future capital gains. Leong Hup likely issues ipo at about pe 14 - 17. leave samo meat for market

Posted by ccy123 > 2019-04-09 11:58 | Report Abuse

eps 8 cts is before capacity expansion

Posted by ccy123 > 2019-04-09 12:00 | Report Abuse

anyway investment in stocks market carried a lot of risk.

Posted by ccy123 > 2019-04-09 12:01 | Report Abuse

That is why 99% contra players mati

Posted by rob_z3_man > 2019-04-09 12:41 | Report Abuse

OTB AND GANG SHORT



RUNNNN

Posted by Huat1 > 2019-04-09 16:23 | Report Abuse

Silly

Posted by Huat1 > 2019-04-09 16:24 | Report Abuse

MFLOUR is a strong company with good business and bright future. This is a very good investment stock

Posted by Huat1 > 2019-04-09 16:25 | Report Abuse

Added more yesterday when certain people follow their Sifu's call to sell.

Posted by rob_z3_man > 2019-04-09 18:01 | Report Abuse

OTB AND GANG SHORT WOR



HOW TO FIGHT SIFU

Posted by SGproptrade > 2019-04-09 21:36 | Report Abuse

Defensivez stock counters, better hedges against the weak economy, any portfolio should have such sweet counters like MFlour. should

Posted by Bigbull99 > 2019-04-09 23:31 | Report Abuse

I think Mflour is good defensive stock as people still need to eat despite bad times, population will only increase. I think our current play in malaysia is construction, very hot at the moment and please dont miss the boat deal all. Come back here when everything is overbought. I will too revisit mflour when construction trend died down. Managed to make money from WC at 40sens and took profit at 51sens in just few days. Good luck everyone!

Posted by UnicornP > 2019-04-10 09:49 | Report Abuse

0.80 permanent support

Posted by rob_z3_man > 2019-04-10 13:13 | Report Abuse

Mflour run OTB AND GANG SELL

Posted by manutdchampion > 2019-04-10 14:25 | Report Abuse

Mflour control by otb gang?please dont simply said nonsense thing.

Posted by SGproptrade > 2019-04-10 14:53 | Report Abuse

Holding strong at 0.81!

Posted by rob_z3_man > 2019-04-10 14:54 | Report Abuse

OTB AND GANG CONTROL THE WORLD