Don't worry. Technical indicators still look good. ADX is at 58.5. It means this counter is in trending mode. When counter is trending, refer to ichimoku indicator. Conversion line is above base line. Ichimoku.clouds show buying signal. Trust me, I just started trading. :-)
This is a one stupid company. Keep running out of cash but keep paying out dividend from debt and right issue disguising like some freaking good cash flow company.
Poultry-Operating profit of RM7.5 million, yet to take in interest and fair value, fair value upward RM5.2mil and interest roughly 2-3 mil I pay a guess. So what is the bottom line, it is negative. Price between RM4.10-RM5.60 can't make good profit how about the live bird price fall to RM 3.30 now?
"The higher margins arising from the improved live birds selling prices".Extract from quarter
Flour side making good profit but it stagnant and couldn't go further otherwise the company inject to huge CAPEX in poultry side. But it seems not a wise move for that.
Profit taking session and short term prospect may not be good.
Penang123,pls visit the new plant before invest,is nearby where you stay,take 2 hours journey to reach manjung,then you will realise is it worthy or not?
Mflour now the result is considered quite ok, I can guarantee you guys, after the plant 500m establish done, the profit for mflour will double up, as we all know the chicken is increasingly 3x from now!!!
Lucas,we know chicken increase 3 time,but where is the order,if no demand,where got sales. 2.Poultry industry facing high competition from domestic market, player like leong hup cant even achieve the projection revenue,can Mflour achieve? we as a minority,take care of yourself,we dont know how management will react when trade war come again.
Sapurakencana, you are negative at all!! You never think positive for mflour, of course there is highly demand on sales to create an opportunity for mflour to increase quantity of chicken! The qr will answer your question in future, let’s see
As we all know mflour main core business is flour sector, by the way why mflour is going to build a plant for chicken not for flour?? The answer is very clear right... because chicken business is much more expectation in future!!!
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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....
James Ng
2,704 posts
Posted by James Ng > 2019-11-14 13:56 | Report Abuse
https://klse.i3investor.com/blogs/general/235493.jsp
[转贴] [MALAYAN FLOUR MILLS BHD:面粉和谷物售价提高以缓解大宗商品成本以保护利润率,有净额外汇收益;面粉和谷物的需求保持健康;活禽价格上涨和生产成本降低导致活禽销售利润增加] - James的股票投资James Share Investing