Posted by Jack888 > 2020-02-26 05:04 | Report Abuse

Dow Jones 27,083.061 -877.74 3.14%

Posted by Kelvinvest Research > 2020-02-26 20:27 | Report Abuse

hey guys, confirm mflour result in red for quarter 4. I own no share in mflour, just have discussion with some investor they bring this topic out. sharing is caring.

Posted by hooi > 2020-02-26 20:31 | Report Abuse

heading to 40 sen this lousy company
sell before too late

Posted by freddieheros > 2020-02-27 05:18 | Report Abuse

QR why must last 2 days if not bad? <50 soon?

Posted by LearnFromMistake > 2020-02-27 18:47 | Report Abuse

tml sure come out? or wait 29 feb which is a lucky day?

Posted by Steve Ooi > 2020-02-28 00:09 | Report Abuse

As I said earlier stay away, RM 3mil PAT.
Coming quarter even worst.

According to ambank analyst, the next processing plant start oporate in late 2019, I dont think this info is accurate, base on the depreciation we can know the processing plant not depreciate yet. RM 500mil plant, each quarter additional RM 8-10mil depreciation atleast. Plus the poultry side revenue doesnt show any improvement, the new plant capacity can slaughter 240k bird a day, but no demand also useless.

Huge capex, live bird price plunge, outlook negative.

Posted by Tom > 2020-02-28 00:20 | Report Abuse

Hello sohai Steve ooi, PAT is 10.4 millions
Owner of the company get 3.2 milions
Non controlling interest get 7.1 million
(Maybe becoz of jv)

Next time pls stop talk kok, Steve ooi, flour and grain trading still earning, only poultry segment declare loss making


However, I will consider grab some if price further drop....

===

Posted by Steve Ooi > Feb 28, 2020 12:09 AM | Report Abuse

As I said earlier stay away, RM 3mil PAT.
Coming quarter even worst.

Posted by nuTECH2018 > 2020-02-28 08:17 | Report Abuse

What happened to this counter?

Posted by Baby SHARK > 2020-02-28 09:18 | Report Abuse

TBH the interim dividend is quite attractive at this price just give it a little time

Posted by yoyo > 2020-02-28 11:51 | Report Abuse

fair value 1.20

Posted by freddieheros > 2020-02-28 12:38 | Report Abuse

<0.5 soon?

nuTECH2018 What happened to this counter?
28/02/2020 8:17 AM

Posted by Torreira > 2020-02-28 15:44 | Report Abuse

wonder how come the profit attribute to owner company so less this quarter as compare to previous few quarters...it used to 70 : 30, but this quarter like reverse to 30 : 70....

Posted by Baby SHARK > 2020-02-28 23:19 | Report Abuse

Foreign Currency Translation losses

Torreira wonder how come the profit attribute to owner company so less this quarter as compare to previous few quarters...it used to 70 : 30, but this quarter like reverse to 30 : 70....
28/02/2020 3:44 PM

Posted by Quickgain > 2020-03-03 20:47 | Report Abuse

Once market n politcal stable, it will rebound to 80 sen

Posted by FoolsGold > 2020-03-03 20:52 | Report Abuse

80 sen, as in apr. 1st 2019 for 2 weeks before drop down all the way to now ?

Posted by Icon8888 > 2020-03-03 20:59 | Report Abuse

Stay away from this stock

Posted by Icon8888 > 2020-03-03 21:00 | Report Abuse

Capex non stop

Posted by Icon8888 > 2020-03-03 21:05 | Report Abuse

2017 capex RM174 mil
2018 capex RM273 mil
2019 capex RM213 mil

3 years capex RM660 mil

Posted by DavidKhoo118 > 2020-03-03 21:09 | Report Abuse

tq sifu Icon8888, lucky i did not jump in.

Posted by Icon8888 > 2020-03-03 21:09 | Report Abuse

2017 revenue RM2.1 bil
2018 revenue RM2.4 bil
2019 revenue RM2.7 bil

After RM660 mil capex, revenue increased only by RM600 mil

Posted by DavidKhoo118 > 2020-03-03 21:10 | Report Abuse

tq for good info, sifu Icon8888, lucky I did not buy this stk.

Posted by Icon8888 > 2020-03-03 21:12 | Report Abuse

2017 net profit RM68 mil
2018 net profit RM19 mil
2019 net profit RM24 mil

After RM660 mil capex, net profit dropped from RM68 mil to RM24 mil

Invest to lose money ?

Posted by mrlimitdown > 2020-03-03 21:35 | Report Abuse

Pangsai counter

Posted by mrlimitdown > 2020-03-03 21:35 | Report Abuse

Management like shit. Everyday sleeping

Posted by Steve Ooi > 2020-03-03 23:29 | Report Abuse

Premier Grain Sdn. Bhd. Trading in corn, soybean meal and other feed ingredients 51:49
Vimaflour Ltd Milling and selling wheat fl our together with its allied products 70:30
You can find it at annual report.

Torreira wonder how come the profit attribute to owner company so less this quarter as compare to previous few quarters...it used to 70 : 30, but this quarter like reverse to 30 : 70....

Posted by sell > 2020-03-04 09:23 | Report Abuse

7 covid-19 cases yesterday is highest in M'sia. Don't go out, go to mamak shop.

Posted by sell > 2020-03-04 09:23 | Report Abuse

<50 likely run asap.

Posted by Quickgain > 2020-03-07 15:31 | Report Abuse

I am very confident on this food counter, normally teowchew clan are very united, when economy down turn they will supporting each other by accumulating the shares from weak share holders . i notice this many times,after market recovery their shares will move up to historical high. You can trace back to all their counters record, like Public bank,Kl kepong, Paramount, IoI etc.....

Posted by anticonman > 2020-03-12 14:49 | Report Abuse

<50 is real. Next is 0.4 soon?

Posted by Money122 > 2020-03-13 09:34 | Report Abuse

0.1 coming soon

Posted by Joshk > 2020-03-13 15:14 | Report Abuse

People need FOOD with or without virus. Directors buying back. How low can this go?

Posted by Lukesharewalker > 2020-03-15 22:32 | Report Abuse

Chicken and egg can survive the Corona virus...?????

Posted by Joshk > 2020-03-16 11:11 | Report Abuse

@Lukesharewalker - You need chicken and egg to survive the Corona Virus.

Posted by Lukesharewalker > 2020-03-16 11:32 | Report Abuse

USD high...chicken feed high expense

Posted by Alfonso > 2020-03-17 09:48 | Report Abuse

later KFC also mahal d

Posted by Steve Ooi > 2020-03-19 08:00 | Report Abuse

The same advice from me, stay away from this counter, coming quarter is worst than previous quarter due to additional capex book in. My feeling tell me so as most company practice to capitalize their asset 1st or 2nd quarter since it's not capitalize in 4th quarter 2019.

Posted by Jeffreyteck > 2020-03-19 09:48 | Report Abuse

TP 0.20. Sentiment that count. If there is margin call, will be fast. Loans above 1 billion.

Posted by Max_Lui > 2020-03-25 10:30 | Report Abuse

All flour, bread, eggs wiped out , no stocks, good for Mflour

Posted by Pokem0n > 2020-03-26 08:10 | Report Abuse

This counter will fly soon.

Posted by chkhooju > 2020-03-26 08:24 | Report Abuse

Fly down?

Posted by Pokem0n > 2020-03-26 12:23 | Report Abuse

chkhooju check again :)

Posted by Pokem0n > 2020-03-27 21:11 | Report Abuse

Thanks for the dividend.

Posted by warrantKing > 2020-03-28 17:00 | Report Abuse

wheat price is at high side !

Posted by Money122 > 2020-03-29 14:31 | Report Abuse

Wheat price high = earnings less

Posted by mrlimitdown > 2020-03-29 15:54 | Report Abuse

all fast food restaurant close. only can tapau. mflour loose a lot this time

Posted by Notconfused > 2020-03-30 11:31 | Report Abuse

roti facing shortage needs flour?

Posted by yfchong > 2020-04-03 00:05 | Report Abuse

Double edge... RM Depreciate milling will face tough tine

Posted by dusti > 2020-04-03 12:14 | Report Abuse

Two core biz. Flour and Chicken/Eggs in demand. Should do very well.

Posted by warrantKing > 2020-04-05 18:13 | Report Abuse

Possible food crisis coming. Buy some to keep ?

Posted by newkid > 2020-04-06 10:53 | Report Abuse

a counter with dividen, strong profit, under value, as kyy standard statement only a fool will not buy !!! i have been collecting since it crashed !!