Eastern686, I will take it as investment of this company future and not the past. If market already factored in this loss, it will not affect next week price. The company poultry segment will improve since Tyson is well known for poultry business.
MFM is known as ‘pride of the nation’ because it is pioneer in the flour milling industry in Malaysia and it was officiated opening by the late Tunku Abdul Rahman on 15 October 1966. MFM engaged in the business of milling and selling wheat flour and trading in grains and other allied products. The opening of MFM has transformed Malaysia from a flour importing country to being self-sufficient in wheat flour.
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You mean Mr.T? He is Roti canai person I know. But the company planned this for years to two and not recently look for international partners. They planned since early 2019 and they restructure the whole organization chart and so that I know. And interesting part is their new poultry processing plant, really impressive, I was there for the launching. this plant non longer rely on too much labour but for packaging yes.
Snowpiercer If you know the CEO in person...... not the guy which you will expect to bring company to the next level
What you don't know now, you will know it later. The more you try to rush time the more it escape from you. Patience is GOLD my friend.
To be frank, I'm stand on the company point of view. I can say I understand the whole organization operation include flour side, and this is why I hold this since the right issue. What more to the company, the value of the company will unlock in just 3-6 month time.
Do some research... Live bird price Flour price(Msia, Vietnam, and Indo)
Yesterday’s price action indicates renewed buying interest on the stock as it formed a positive candle after a short period of consolidation from a high of RM1.06. With key indicator RSI pointing upwards, buying force is likely to persist and possibly to form a breakout.
Latest info, live bird price is good since Jan, but still Dindings Supreme do losses for Jan &Feb and expected a minor loss for March due to the new processing plant fully capitalize. However flour and derivative trading side make an outstanding profit to cover the losses. Coming quarter will be better than last quarter.
Dindings making lossess is because unfavorable of live bird price, partly is becos they only serve Malaysia market so the price is control by DVS. Unlike the biggest player like Leong Hup, Huat Lai, these company focus more on export market.
Be patient, you will make huge money in this counter, the profit guarantee very promising. Some insight I can't share here, but I would say JV is a super DEAL for both company especially for MFM.
Do more research, I will only say the transaction btw DPP and Macfood is very small% now, but after the agreement all Macfood order will come to DPP from Leong Hup, Huat Lai and CAB.
Lukesharewalker The profits guarantee , if the poultry division has been making losses all these while, why provide guarantees?
Technically already rebound. Today breakout from descending triangle. Weekly chart MA20 and MA50 is about to cross MA200 line. Just hold and this will be the next MSM.
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....
Eastern686
510 posts
Posted by Eastern686 > 2021-02-27 10:28 | Report Abuse
Whatever it is, poultry segment still reported losses big time this Q. Lousy laosai pembela ayam.