Your have to carefully study a company before investing... Mflour expanding to Vietnam, Indonesia, n also corporate with Japan. So, their management is good with vision. Can see potential elsewhere .
Glad to see there are people that know this counter well too. As mention couple of time in my previous post this counter is definitely for long term unless thing change.
Also my wish come true :-) start of the week the price 1.65 end of the week 1.66 (exactly one cents up) that what I'm looking for. Every week up one cents is really good for me. Keep the good work MFlour.....
Now if end of next week the share end up 1.67 it will hit my target again :-) if more than that I definitely welcome it and a bonus to me.
@ray81 - that does not work as good result. Folks does not believe this counter are making money and will profit their investor. Even good news out you will surprise if the share price of this counter is going the other way. That the beauty of stock market. You never know what coming next to us :-)
On this scenario 2014 would not be a challenge to mflour they can foresee good stream of income adding to it cost of raw material is lower.... This is my view point...
Yes the quarterly report look promising and the profit is at least two fold. I expect to see more growth in next two quarter. Not sure if they will propose share buy back due to the share price still consider very low to collect. I wish the management will propose or already doing that for the purpose of investor and the company. So when the next two quarter result showing positive with dividend at least they company already accumulate substantial of stock to pay back their loyal investor. Haha
Yeah, look like people are waiting for next quarter result to pick up and invest. Those are short term investor and can't wait. Therefore they throw it. It could be some director/Mflour staff try to cash out some money as well.
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
1,690 posts
Posted by powerwk > 2014-02-20 07:45 | Report Abuse
Haha.... Hope they realize when the share price reach more than RM2 ++ one day