Mflour result drag by its poultry sector. "Poultry integration segment recorded an operating loss of RM29.2 million in Q1 2020"
21/6-6/7 share movement CAB-31sen-47.5sen(+53%) LHI-71sen-93.5sen(+32%)
What this share price movement tell you? 1. live bird price 2. demand
Q120 loss RM16mil include RM25mil oneoff expenses(impairment,written-off, FV loss), adj PAT is about RM9 mil with average live bird price RM3.94.
Assume flour performance remain the same, with quarter average live bird price RM4.38. Quarter 1 already capitalize about RM230 mil FA into the book, the expansion plan still ongoing.
Q220 result confirm way better than quarter 1, do your own research guys.
Current price is low and can consider to collect and keep for 2-3 years.
another loss making quarter. be careful yaaa. I confirm the info is rigid. you guys want put money into a losss making copany go ahead, I'm here to share what i know. thanks
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....
Jumpman
34 posts
Posted by Jumpman > 2020-05-22 11:30 | Report Abuse
is it today?