Today just got my bonus..... Hooray will buy more MFlour today! Around 5 lots. Want to balance between MFlour and Padini. Then I can buy 5 lots Padini as well!
Happy New Year 2014 To Everyone..... Happy investing man.
@bebee - depends what you want and looking for. To me Padini yield is okay. Not the best and not the worst for sure. I'm not only looking for yield but also it capital gain. But you need to ask yourself can you wait. Sometime we think we can switch here and there and make tons of money. Eventually you lost more than you expect. Don't get me wrong, some people can do that and they do it really well. Just that not everyone can do that.
If you can wait and plan to invest for long term. Then Padini is one of the best that I know and research and involved in it.
@powerwk, thanks... I am a new bird, so still bumping here and there, looking for some good stocks to keep, so that I don't have to spend so much time on it....
Robert Kuok has his own flour mills, under Federal Flour Mills Bhd. in fact, his is bigger than mflour! but each has their own separate market, and both are in good terms from what i have read! both are limited to their own supplying quota and Mflour recently asked the govt to lift that quota to increase business
cooler weather forecasted with recent satellite images showing larger glacier formation by end Sptember 2013. Even Egypt is seeing snow for the first time after a century!
Wheat belt is looked upon favorably, and i think the price per bushel will go down, indicating better margin for importers!
looking forward to mflour price hike if this holds true!
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....
powerwk
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Posted by powerwk > 2013-12-27 12:42 | Report Abuse
:-) all time high for Bursa not MFlour yet....