Paul, read the part about effects of dividend. The question you must ultimately ask is, is the fundamentals intact? warrants will eventually follow strength of common shares!
icic..wow...thanks a lot for the tips kc loh...actually i had faith in this kinda stock...what i am concern is the warrant...too many times people told me that if mother share is going up, the warrant will follow, but i see this share is going the opposite direction..thats why i am a little worried..=)
Price fluctuates for many reasons. Like yesterday, major sellout for non syariah complaints. Another day another reason. What matters is if the fundamentals are intact and management is doing the right thing to boost shareholders ' value. If you deem it so, sleep well at night! Don't worry too much as we always say price will find its value eventually!
Agree with KC Loh. Honestly if you have money and not urgently need it now. Then park your money in this stock and go sleep. Of course still need to monitor from time to time and less worry. Because there are lot of factor can cause the stock price goes down. Let see if my forecast still accurate this time :-)
I think they're talking about the price raise after the fuel price increases couple of months back. Not sure if there are any announcement lately about the flour price. Actually is expected soon or later the flour price will sure hike due to many thing already up which cause by fuel price increase.
Also most of the business cost on transportation are high. If they did not adjust the price they can't sustain for long. Let see when that will happen. But that doesn't mean flour price hike will raise the stock price :-) you will be surprise what some smart investors will do :-)
Another two cents from me. Enjoy your weekend! Your money should be working for you. If not then ask Mr $ to work harder...
It is already mentioned in the budget 2014 that the flour price subsidize will be reduce. However, just the PM didn't mentioned during his announcement on TV. But it is written the in budget 2014 book.
If government subsidize going to reduce then what will be the reaction of the company? If they did not increase the price they can't survive just that simple :-) If they do increase the price, we (as citizen) suffering as well..... This the real world of economic. Some one just need to pay the price to make the balance sheet balance.
As n flour is doing well now .. If they maintain the pice and others go up, ten more wholesalers will buy from them and crush their competitors for sure!
Flour is basic for all races for food. So it's Hzu a question of timing. However with mflour... Also had an element of politics!! Which is unfortunate.
Bro KC another 3 sen dividend that will be good fr the cash flow statement m flour has done well I don't mind if there is better still expand Myanmar expansion fruitful..... He he
Agree with all the comments above.... I wanted to make little extra comment.... this counter definitely not for contra player. You will loss more money then you expected to put your money in this counter. This is the counter for long term and people that have patient.
In my opinion this is one of the few counter that not impact badly due to economic crisis compare to the rest of other counter. Unless you don't eat :-) even you eat less or eat different stuff that not make by flour you still eat hahaha.....
response to powerwk... Yes. I agreed that flour is part of the very important stuff in our living life. But if the flour company do not know how to manage the cost and their profit is very less, they still can not earn money even the demand is high. Don't take it wrongly, I am not saying Mayflour is not a good share. I am holding some shares for couple or years already. And my family members also holding a lot of their shares for years (before it split till now).
Hey invester, no worry. Thanks for sharing. You bring the good point about management. Good management create great company. I did not have much insight in this area. Hope someone here that holding this stock for years able to shield us some light on the management capabilities in managing cost and have clear and workable future plan. Perhaps invester you alone can share more?
I did not say it loud in the comments for this prediction.... for the past 4 I do it correctly for MFlour. If you want to know, not sure you can pm me separately and I can share.
I say that because the globe or other region not doing well so that will impact Malaysia market. Therefore interesting to see how this counter react on it. Same thing for tomorrow as Europe and US region stock are not doing good. Usually it will somehow impact Malaysia market.
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....
yfchong
5,877 posts
Posted by yfchong > 2013-12-03 08:11 | Report Abuse
Thks KC Loh, trying to understand..