i was monitoring this counter in the last few months, from RM2 dropping to RM1.60 now. I think many speculator rather than true investor.... I did not buy it because there are better choice out there for me....of course i did some homework :-)
Aunloke, Thank you for your advise. 1more question because this counter had good performance on previous records why it drop so much? I'm really not sure when is right time to enter Mflour. Sorry for bother you so much...
euscilyn: Try to read some article in the link below, it provides some sounds principle of share investment. Do some homework before you invest your hard earned money in share market, it will reduce the risk of your investment. Do not follow other blindly
no matter how good a counter is, when whole market is dropping, it will drop too....but you know a good fundamental counter will come back faster then others when announcing their result of earning....
thanks Namoyaki. Been doing some thinking. Perhaps I will not buy this counter. The information about it is quite cloudy. Monitor saja dlu laa. Kot2 dy drop ag.
HEAVY shares transacted from dato to tan sri and so on over the range prices 1.56 to 1.59, so what's up ......... maybe , just maybe 1.99 is on the way ? If only I know ???
Dear situ, based on chart it is attractive, however under such circumstances it might not behave accordingly, I will consider takarajima view hit and run, let see how it looks, I am still learning hopefully do not incurred much tuition fees.... Thks
Profit before tax for Q1 2012 had declined to RM0.1 million as compared to RM40.0 million posted in Q1 2011. This was mainly due to the significantly lower profit margins arising from high raw material cost and stiff competition in the market
this company currently net loss reported yesterday. this firm will get net loss in next quater? i a bit scare this company will bankcrupt. if not mistakenly, this firm have a bit related with GLC, rite?
With Q1 at a loss , even the remaining 3Q turn in good result say 20M each, the full year net income will be 60M and the EPS will be 60/538=11 sen only. Unless the earning improves it will a long time to come back to RM 2.00.
With the share dilution and bad Q1 result, do you think that you can get 62 sen div.? You should be happy if you can get 6.2 sen which I think should be lower if any.
in their future prospect note..it mentioned raw material remain stubbornly high and keen competition as major challenge...so expect another loss in next qtrly results...so u think the current price is cheap?...hehehe i don't think so...
Dear Liew Kimguan, in this kind of Panic Market where FBMKL touched 1527 just know lots of speculation arise. MFLOUR for instance, as an established company since Oct 1966 with a Market Capital ot RM769.66Million, in my opinion this company will not go bankrupt. MFLOUR hold a share of 538.2 Million fundamentally so they sure to do their best in this kind of situations. Having 16 Lots at 2.06 is quite difficult for you to face this kind of situations, you may wants to wait for the market to be steady and if you a cash-rich holder, you may wants to buy some share to average it down. But if you are not in that position, you may wants to stay calm for market to be rebound back to 1550. 1570 to 1600 is very difficult to reach with the global impact and all of us are affected.
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....
jacklew
499 posts
Posted by jacklew > 2012-05-16 16:20 | Report Abuse
i was monitoring this counter in the last few months, from RM2 dropping to RM1.60 now. I think many speculator rather than true investor.... I did not buy it because there are better choice out there for me....of course i did some homework :-)