Posted by pyramidpoh > 2013-01-30 23:21 | Report Abuse

you can check in financial result on 30/09/2012.The NTA is 1.17.

Posted by pyramidpoh > 2013-01-31 05:43 | Report Abuse

If Mflour become waste paper,I think many consumer stocks may face the same destiny.confident on KC Loh analysis.He will not lead you to Holland.

Posted by Abudance > 2013-01-31 07:12 | Report Abuse

Yes, I remember KC Loh said not to worry, wheat prices go up in December cod of drought... But MFlour is lowest now and it's going to be Feb 1 tomorrow

Posted by kcfan > 2013-01-31 08:01 | Report Abuse

Right time to collect some and wait.

Posted by euscilyn > 2013-01-31 08:40 | Report Abuse

KC, Yes I do remember what I posted. If I'm not wrong on Aug new Non-Executive Director is appointed right? So,
that's why I'm asking.

Posted by KC Loh > 2013-01-31 09:00 | Report Abuse

but do remember also that their current mills and refineries are at 90% output already. profit remains on a plateau until their new refineries are up (which is what they are doing), and personally i think we can see marked improvement 4Q13 only. but we can always hope management surprise us with 2Q13 dividend then, as they have been back in the black last 2 quarters :)

Posted by KC Loh > 2013-01-31 09:02 | Report Abuse

i can see your point euscilyn. So far i am banking on the management previous good record with shareholders!

Posted by euscilyn > 2013-01-31 09:37 | Report Abuse

Ya, hope some surprise coming soon. :)

Posted by 1n1792 > 2013-01-31 14:45 | Report Abuse

KcLoh
Chart wise MFLOUR looks bearish to me if it is unable to bounce off 1.19. It may test 0.95-0.90 then. Sorry just from my technical view.
Ooi, what are your views.
By the way Kc , will MFLOUR face competition from PPB? I am not too familiar with this counter.

Posted by KC Loh > 2013-01-31 14:54 | Report Abuse

PPB (Federal Flour) and MFlour each has its own market. as of now. both are top two in this industry. Federal Flour will not serve Syed Mokhtar's Gardenia, that i am sure. So, each will have its own market segments! The time you should be worried is when MFlour informs investors that their mills are underutilized. Then that changes the fundamentals altogether!

I am ok where it comes to market gyrations. I try not to time the market more often than not! Of course, each has his own devices! :)

Posted by 1n1792 > 2013-01-31 14:57 | Report Abuse

Thanks Kc for explanation. We learn a bit a day.

Posted by Abudance > 2013-01-31 19:37 | Report Abuse

If you say that it can go down to 90 sen then it had lost 50% of market share! That's strange for flour shin is a neccedity commodity, don't you think do??
If its 90% capacity, still got 10% capacity and its still not fully taken up.... What's the real reason it's not going up? Is it also going to be privatized? Or politics behind this counter? Anyone?

Posted by chengyee > 2013-01-31 19:48 | Report Abuse

Huh, is the declared 100% capacity ever practical?

Posted by KAHFIEHLAI > 2013-01-31 20:58 | Report Abuse

Sleeping giant will awake one day...

Posted by yfchong > 2013-02-01 10:17 | Report Abuse

The one(1) day, before wake up must reload first.

Posted by KC Loh > 2013-02-01 14:01 | Report Abuse

if the 4th quarter profit is about 15m+, you know recovery has begin. get ready then, yfchong! :)

Posted by Abudance > 2013-02-01 14:12 | Report Abuse

It was 1.98 and now 1.17. If average out now.. May even go down further before elections ??

Kossan dropped price significantly yet got dividend.

Posted by KC Loh > 2013-02-01 14:17 | Report Abuse

fast forgotten stock by analysts! :)

Posted by Rose > 2013-02-01 14:38 | Report Abuse

KC , analysts busy studying the book, when they found a gem they will slowly stock up and shut up. When they have enough in hand they will write glorious reviews in an attempt to jack up the price and when ppl start paying attention and chasing after the stock , they will let go and laugh all the way to the bank. Just my 2 sen

Posted by Abudance > 2013-02-01 14:38 | Report Abuse

Not forgotten... Avoided cos still dropping.... Don't understand why if management is strong

Posted by yfchong > 2013-02-01 14:55 | Report Abuse

Ha Ha, Bro KC i just want to do bottom fishing,...........now the price is attactive...............however this is only applicable to long term tenure.....just my 2/100 cents, he he

Posted by KC Loh > 2013-02-01 16:21 | Report Abuse

i think what Rose said hits the bullseye!

Posted by Abudance > 2013-02-01 18:21 | Report Abuse

iPods like its going to be a long wait! PPB has better volume. So sad!

Posted by lkloke > 2013-02-01 20:51 | Report Abuse

Hi! everyone, my 2 cts on M Flour, Technically one can go in base on 2 indicators, i) it is oversold as shown in Stochastic of 11%; ii) possible fibonacci retracement to 23.6% and next to 38.2%. or increase volume (not at the moment). Don't expect a windfall as the 1st resistance stands at $1.31 and 2nd resistance at $1.36. Happy trading!

Posted by yfchong > 2013-02-06 21:50 | Report Abuse

OK the game begins, if sharp falls on index detected can start average down n keep in the safe deposits box until next G E. What do u think gentlemen, ? Wish list, hav to scout good fundamental stocks.........

Posted by pyramidpoh > 2013-02-07 09:34 | Report Abuse

KC Loh can accumulate this stock for medium term investment?

Posted by Melvin G > 2013-02-07 09:39 | Report Abuse

accumulate slowly.

Posted by KC Loh > 2013-02-07 10:40 | Report Abuse

See if 4th quarter is 15m or not

Posted by powerwk > 2013-02-11 16:25 | Report Abuse

accumualate at 1.19 or lower? I also interested in this stock for medium to long term. Please advice.

Posted by angel123 > 2013-02-12 15:43 | Report Abuse

Wait until after election

Posted by KC Loh > 2013-02-21 21:29 | Report Abuse

Chairman and MD buying up already. Looks like no need wait 4Q13?

Posted by chimera > 2013-02-21 21:38 | Report Abuse

gonna wait after election

Posted by Melvin G > 2013-02-22 15:28 | Report Abuse

200,000 lots only ma

Posted by isseymiyake > 2013-02-27 23:54 | Report Abuse

0.03 dividends from mflour XD

Posted by yfchong > 2013-02-28 09:12 | Report Abuse

Cheers, i am expecting 0.02 ha ha now 0.03 better still.

Posted by KC Loh > 2013-02-28 11:07 | Report Abuse

Profit 18m. Recovery in sight. Good with dividend at 3 sens too. Happy for you yfchong! Hahaha

Posted by yfchong > 2013-02-28 11:54 | Report Abuse

Now, or at least the recovery in line, KC do you know which division is making the profit contribution ?? many thanks yf

Posted by KC Loh > 2013-02-28 12:00 | Report Abuse

Their poultry and feeds divisions are always strong and most importantly, all three segments are recovering. Wheat is a suspect but if you are reading the PPB report, you get the sense that Mflour efficiency is very good. But that's just me, what to I know? I am only heckling street peddlers! LoL

Lets hope next dividends will inform Mr Market, MFlour is back!

http://klse.i3investor.com/servlets/forum/600025709.jsp

Posted by Peter Lee > 2013-02-28 12:03 | Report Abuse

election is around corner,refer back 2008,when announce ge12,index drop abt 200pts

Posted by yfchong > 2013-02-28 12:07 | Report Abuse

It prove a better breathing space to manouver, risk = oppurtunity....
my limited exposure...

Posted by KC Loh > 2013-02-28 13:00 | Report Abuse

the 2008 index is rife with sabotage and split, that is why market went down so sharply. Many are worried their ministers or kudas (as my malay friends will say) will not be re-elected. At that time too, the Kerala fella also did not support as per his own admission.

Wont be surprised when election is announced, market is up! just a hunch!

Posted by tonylim > 2013-02-28 13:17 | Report Abuse

Kcloh dont forget 2008 was subprime market jittery

Posted by Hustle > 2013-02-28 13:23 | Report Abuse

Wow KC I'm believe your heard Nazib said before M'sia is full of infinite possibility country haha

Posted by KC Loh > 2013-02-28 13:36 | Report Abuse

thanks tonylim, yes you are right, as usual! :)

hustle, yeah, everyone is waiting to buy, so market upswing is not an improbability! problem is, who is gonna win? market may go down just as fast if another scandal/controversy occurs

tankl1982, you should just buy on fundamentals and if you think its cheap (this is where the election play comes in to provide you the opportunity!). Then wait it out! if you hold to Fundamental theory, which goes something like this; "In theory is simple: a company is worth the total amount of cash it will generate over its lifetime, discounted to its present value." you have your answer. question is if you go for that theory or not? Most i see here are punters!

Posted by yfchong > 2013-02-28 13:42 | Report Abuse

Bro KC, well said and explained........

Posted by ninja > 2013-03-01 11:12 | Report Abuse

3 cents is before tax. After income tax 25%, the take home dividend is RM0.0225.

Posted by KC Loh > 2013-03-01 11:37 | Report Abuse

Yeah, yfchong has his 2 sens, and a little bit more! LOL

Posted by ninja > 2013-03-01 11:46 | Report Abuse

How many dividend do we expect per year from MFLOUR?

Posted by KC Loh > 2013-03-01 11:56 | Report Abuse

you got to ask the management!

Posted by KC Loh > 2013-03-01 12:00 | Report Abuse

if you want historical payouts, look here

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=M&securityCode=3662