Because the PBB Group have many product using their own flour, they can estimate their capacity & demand. But Mflour is a raw material producer, are they able to forecast market demand ? Of cause for high material cost caused by soybean part I agreed.
Wish got more money to load this up at today's crazy discount by Mr Market. Already close to 28% of my total portfolio! Rugi to be cash strapped in times like this! Urgghhh
But it'll stay at this level for some time, just imagine even with good earning for the next two qtr. say 40m ,its EPS for FY 2012 will be about 8 sen, how far can it move ?
I had check back company annual report...should be good for fundamental (long investment) Technical analysis I'm not that wise to study it. How far this stock can move? My personal analysis as below :- 1)Pressure on raw material cost (Depend on environment and government GDP control - flour market price) 2)Investor emotional control - any good or bad news will affected the volume and self confidence control. 3)Almost 60% of the market playing short terms focus due to uncertain economy crises & unfixed election prior.
With above issue may caused the movement of chart. Those fund manager & foreigner investor might not dare to invest large volume on it and will jump to other potential counter such as blue chip stock. However due to consumer product, everyone of us need to eat everyday price rise to 1.80 supposedly no problem by end year.
No flaws, every who has invested in this counter would like it to reach 1.80 least by year end and little push during cny.. Ya hoo........... Have great red packet he he
dont think you need to wait too long. I bought at 1.59, 1.49 and recently 1.45. there is a rationale to what the management is doing and you just have to ignore market gyration at the moment! I wouldn't want to wait 10-20 years honestly. my timeframe about 7-8 years at most! :)
Dear bro just have faith in this counter, just see the population growth in Vietnam, indo n malaise including international citizen the consumption of flour add sausages are the driving force for this business model, unless they are not competitive to their business rivals..... Unless there is dumping flour from china like steel now is experiencing... He he
Davin - you must have strategy to Invest. Investing in shares is never a game, its a battle. You must do homework (TA & FA) then also cnot guarantee 100% win. Many things also come into consideration like emotion, sudden need of money for personal matter etc.
My strategy is not new and no secret, everytime you invest you buy that counter with few level of entry. term it as "stock-piling". And Most important of all have faith in your investment.
KC Loh - Wow, 7-8 years...by that time hopefully for every RM1 that you and me invested in Mflour become RM4. Only Thing is I am not that discipline, Might just sell it reach RM2.20 and above.
samcghee - I sought of agree with you. When the market is down all counter also will fall like pin ball.
You have better not buy the stock if you do not have confidence and persistence to keep it for ten years. This is the pillar of value investing. The drastic drop currently is due to market emotion rather than changes in company's fundamentals. I see no reason to stop loss at this moment. When there is a down, it must be followed by an up in future. Just trust yourself.
inflation have 2 causes to make it happen, profit or loss further. it quite hard to measure whether inflation either help or damage mflour further prospect. however, mflour is a good fundamental stock only for mid & long term investor. this stock not suit for speculate since quite easy influence by certain issues like inflation, internal of government subsidy policy and so on.
how many bread brand take stock from them? we should know their current customer first. can somebody share who are their big and long term customer? then how their customer performance also? How to compare with another competitor: FFM? we must know more to know whether it is suitable for long term or not.
I don't so this counter is going up at this moment . As the results for past two quarters very disappointed . We have to wait for third quarter results in November . Whether dividen will be announced in November is a question as this company is in the expansion stage that need capital . I strongly beleived this counter is a good counter in long run
Strong support area at RM1.40 . Should be able to dispose at Rm1.50 strong reistsance area. if can break through, rm1.60 is the next barrier to higher prices.
very near 1.30~1.35, however, this stock can buy for long term investment. if not mistakenly, this counter have fixed dividend paid on every april / may, and november. fundamental is good^_^
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....
yfchong
5,877 posts
Posted by yfchong > 2012-09-05 23:17 | Report Abuse
Dear brother any good on the entry price....