MALAYAN FLOUR MILLS BHD

KLSE (MYR): MFLOUR (3662)

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Last Price

0.625

Today's Change

-0.01 (1.57%)

Day's Change

0.625 - 0.635

Trading Volume

2,934,800


23 people like this.

7,336 comment(s). Last comment by thundery 4 weeks ago

Abudance

2,211 posts

Posted by Abudance > 2014-08-05 13:08 | Report Abuse

When is quarter report going to be announced?

invester

265 posts

Posted by invester > 2014-08-05 13:11 | Report Abuse

Maybank Research with target price 2.70

yfchong

5,877 posts

Posted by yfchong > 2014-08-05 13:22 | Report Abuse

Yes ah, but once have to go, go lah dun know the future, only can guess., need to see the Q results, to see how, may be 22 Aug 2014, if the results come out fast meaning less adjustment near perfect.

yfchong

5,877 posts

Posted by yfchong > 2014-08-05 13:23 | Report Abuse

I dun want to be come the tulip mania...,

Wow123

1,971 posts

Posted by Wow123 > 2014-08-05 14:32 | Report Abuse

Huat Huat

looyee

222 posts

Posted by looyee > 2014-08-05 14:38 | Report Abuse

powerwk..good move I feel,.switching your warrant to mother!!
Hopefully will touch RM2.20 today

yfchong

5,877 posts

Posted by yfchong > 2014-08-05 15:01 | Report Abuse

10Q, keep on

Tom

2,984 posts

Posted by Tom > 2014-08-05 16:50 | Report Abuse

powerwk, it's not worth to convert from warrant to mother shares at current price.....

wiki123

2,447 posts

Posted by wiki123 > 2014-08-05 17:16 | Report Abuse

cantik, tomorrow touch 2.30 then pullback to settle at 2.26.... just predict...

yfchong

5,877 posts

Posted by yfchong > 2014-08-05 17:33 | Report Abuse

beautiful....,

powerwk

1,690 posts

Posted by powerwk > 2014-08-05 19:14 | Report Abuse

I have make lot from the warrant. Understand from percentage wise not good to switch but long term still look promising to hold mother. May be a bad move for me and I could be wrong. But I still earn 10 cents today from mother :-)

Abudance

2,211 posts

Posted by Abudance > 2014-08-05 23:10 | Report Abuse

Yes, let's hope it will go up to rm2.30 tomorrow morning! All the best!

Posted by Karl Feihong > 2014-08-06 00:39 | Report Abuse

Targeted Hit Up to RM2.5 on Day Before Q report being announced!

Romjam

259 posts

Posted by Romjam > 2014-08-06 06:35 | Report Abuse

You think son can go up how much leh

wkkht

957 posts

Posted by wkkht > 2014-08-06 08:18 | Report Abuse

Good News http://www.chinapress.com.my/node/549247

Tom

2,984 posts

Posted by Tom > 2014-08-06 09:07 | Report Abuse

好速度。。。。(汗)

shlyw

719 posts

Posted by shlyw > 2014-08-06 09:27 | Report Abuse

will be adjusted to whenever announce the stock price of the news

Posted by smokingjoe > 2014-08-06 11:16 | Report Abuse

Thanks Joel - Maybank research's TP 2.70 a definite morale booster

venton

159 posts

Posted by venton > 2014-08-06 16:07 | Report Abuse

consolidate a bit, top up a bit :)

Joel

4,580 posts

Posted by Joel > 2014-08-06 22:17 | Report Abuse

http://klse.i3investor.com/blogs/kltrader/57030.jsp

Malayan Flour Mills - Flourishing ASEAN consumer play

Author: kltrader | Publish date: Tue, 5 Aug 09:05

An upcoming ASEAN consumer play with flour business in Malaysia, Vietnam and Indonesia.

Project 2-year net profit CAGR of 20% on tumbling grain prices.

We fairly value the stock at MYR2.70 (15x FY15 PER).
Growth, yield, low valuation – all in one bag

Malayan Flour Mills Berhad (MFlour) has business operations in both flour production and poultry farming, with a strong market positioning. As a flour producer, it is Malaysia’s second largest and Vietnam’s biggest. In FY13 (Dec), Vietnam accounted for 26% of Group’s revenue and we expect its regional earnings to grow with its first flour mill in Indonesia commencing in 3Q14.

MFlour is a beneficiary of the falling grain prices. Grain prices have been on a free fall since May 2014 (wheat: -29% since May, corn: - 30% soybean: -16%) and the supply outlook is pointing towards sustainably low prices. With wheat making up 80-90% of its flour production cost and corn/soybean making up the bulk of its poultry cost, we expect margin expansion to boost its earnings.

We project a 2-year net profit CAGR of 20% on a 2-year revenue CAGR of 5% and margin improvement of 1.8-ppt in FY14-15 (from FY13). Trading at 11.4x FY15 basic EPS and 13.6x on a fully diluted basis, we think the valuation is undemanding, compared to its bigger cap peers (PPB Group: 17x, QL Resources: 21x). The stock also offers high net dividend yields of 4.3-4.8% at sustained FY13 54% DPR. We fairly value the stock at MYR2.70, based on 15x FY15 PER (on basic EPS). The stock is Shariah compliant.

Source: Maybank Research - 5 Aug 2014

DickyMe

14,885 posts

Posted by DickyMe > 2014-08-06 22:19 | Report Abuse

LOL..RM2.70.that's when you need start worrying.

yfchong

5,877 posts

Posted by yfchong > 2014-08-06 22:29 | Report Abuse

A least w the help of maybank to set some smoke......, to grill it over

venton

159 posts

Posted by venton > 2014-08-06 23:33 | Report Abuse

If Maybank said target price of RM2.20 on early July, you will screw them as well :p

Anyway, the results on coming few quaters should be good. Let's wait for the dividen :D

joerakmo

725 posts

Posted by joerakmo > 2014-08-07 00:07 | Report Abuse

Not that long ago(2012) Muhibah drop below 1.00 on loss.Have to look at the business and management to invest.If buying/selling purely on recommendations then be careful!

Tom

2,984 posts

Posted by Tom > 2014-08-07 00:37 | Report Abuse

很想知道干嘛扯到 muhibah。。。。。
muhibah 是属于 construction sector,而 mflour 是属于 consumer sector。。。。
两个都是毫无关连的行业。。。。

Joel

4,580 posts

Posted by Joel > 2014-08-07 07:10 | Report Abuse

我认为Mflour可能超过RM2.70,
这个8月敢敢去到RM3.00 !

y2014

1 posts

Posted by y2014 > 2014-08-07 09:38 | Report Abuse

@joerakmo banks meet with management, look at the business and get a lot of info we don't get before making recommendations. But their analyses have lots of underlying assumptions which could end up being wrong so need to be careful yeah.

powerwk

1,690 posts

Posted by powerwk > 2014-08-07 15:33 | Report Abuse

Don't expect the counter will keep on up. MFlour need to breath and consolidate so drop couple of cents is good and normal. If MFLour did not drop a little then I am more worry then anyone :-)

Good luck to those who can hold....

yfchong

5,877 posts

Posted by yfchong > 2014-08-07 17:16 | Report Abuse

This one like dielectric breakdown....,current can pass thru..,

abdulrahim

397 posts

Posted by abdulrahim > 2014-08-07 17:36 | Report Abuse

profit taking

abdulrahim

397 posts

Posted by abdulrahim > 2014-08-07 17:41 | Report Abuse

ready to load

powerwk

1,690 posts

Posted by powerwk > 2014-08-08 00:30 | Report Abuse

Don't think that the issues. Most likely profit taking or those that did not have holding power or those that are scare about the market volatile. If i read correctly, it only one day. How long they can do this? It a no benefit activities.

Posted by raymondanoh > 2014-08-08 01:25 | Report Abuse

As long as Dow Jone do not drop 300 points mflour should be ok. anticipate it will drop on friday as punter need to clear position T3.Time to accumulate and wait for next wave.

balvin71

1,154 posts

Posted by balvin71 > 2014-08-08 08:26 | Report Abuse

I did not change my target price. Waiting for it go down a bit more before start buying again.

Abudance

2,211 posts

Posted by Abudance > 2014-08-08 08:36 | Report Abuse

Next week is quarter announcement. Special Dividend announcement I'm told by my remisier. ... Profit taking usualDJ drop again yesterday cos of ukaraine problems n Russia now boycott Europe n USA goods

Tom

2,984 posts

Posted by Tom > 2014-08-08 09:17 | Report Abuse

你有买这支股的warrant么, jolie2?

venton

159 posts

Posted by venton > 2014-08-08 10:47 | Report Abuse

yeah, time to load more.

Tom

2,984 posts

Posted by Tom > 2014-08-08 11:24 | Report Abuse

@jolie2 哦,那么有打算在未来转换去母股吗?还是到了你个人的tp就打算卖掉?

powerwk

1,690 posts

Posted by powerwk > 2014-08-08 18:23 | Report Abuse

Haha..... now war kick in pula

wonderman

14 posts

Posted by wonderman > 2014-08-08 19:40 | Report Abuse

war again..dont worry people eat more flour...buy malayan flour selling at a discount now...will surely up lah..best buy tp 2.80

Abudance

2,211 posts

Posted by Abudance > 2014-08-09 09:43 | Report Abuse

Does anyone knowx the exact date of announcement for wuarter report pls? Wondering if there still is a possibility of upside to that date after 30 s fall ...

Tom

2,984 posts

Posted by Tom > 2014-08-10 01:32 | Report Abuse

expects report release date on 21/08/2014

looyee

222 posts

Posted by looyee > 2014-08-10 09:14 | Report Abuse

based on past trends should be on 20/8 or 21/8...it seems most mflour investors are looking forward to the coming financial results and hopefully dividend announcements

Posted by raymondanoh > 2014-08-10 17:10 | Report Abuse

Will be on 22/8/14. Can expect something positive.

SPECIAL_ID

410 posts

Posted by SPECIAL_ID > 2014-08-10 18:50 | Report Abuse

Must add some more

powerwk

1,690 posts

Posted by powerwk > 2014-08-10 23:24 | Report Abuse

don't over goreng this counter please :-)

yfchong

5,877 posts

Posted by yfchong > 2014-08-10 23:26 | Report Abuse

This one has a lot of oil oredi must use absorbent to clean up a bit

air01557

2,511 posts

Posted by air01557 > 2014-08-11 15:10 | Report Abuse

time to take profit - game over

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