second quarter I m believed the result might better then first qr result a lot, hence the share price flying .. I think very possible mother price will touch 1.80
Icon8888 sifu u r the man .the result super strong ..the first half year result total eps 8.77 if x2 = assume 17.54 ,whole year ended . Benchmarking PER at 13 times fair value should be 2.28 the price ..more room to go ..the share price Tmr action will be started ..rocket start flying ..by year end 2.00 is very possible can reach .
Read the edge market article, the profit is mainly due to unrealized forex gain, it means just gain recorded in account not real cash, it can be reversed or gain more subject to movement RM vs foreign currency, I guess it is USD.
Did anyone read the QR report thoroughly? Please share how much unrealized forex gain in this case.
agreed with chickaboo... bcaz I'm believed the 3rd quarter coming result even much more stronger as vs last year quarter .. so now Mflour is consider uptrend all the way until year end 2.00.. lets wait and see .. and collect gradually....
hopeless?? share price drop on good report is normally profit taking la. same happen to airasia last qr report release share price drop but now what is airasia price?
U all still don't get it? Insiders accumulate for weeks before the result because they knew it was going to be good...then when no follow through buying on the announcement day, just dumped 3 weeks worth of shares in 3 days.
The profit is due mainly to unrealized forex gain recorded in the account and not real cash. What nonsense is this? When the company gain in forex exchange she gains in profit because the buying and selling of a commodity the company need to pay less or when she convert the currency into ringgit she makes more! For the last few quarters in 2015 and 2016 Malayan Flour lost money mainly due to forex lost as shown by the article written by Riche Ho and that was why the price of Mflour keep dropping. The price drops very substantially I feel in mainly due insider trading and manipulation, nothing more and nothing less
Cant understand. Why insider throw now and not later when px up further? Since many are buying due to good QR and dividend ...also, there is no short selling option in klse... why make it drop now?
As what I heard from my friends, QR result lower than what they expected. And profit was came from foreign exchange rates. No really make a good profit. I had sold out what I have last week and waiting price go to bottom line or until fair price of market. Happy Journey...
Additional Listing Announcement 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Exercise of Warrants Details of corporate proposal : Exercise of Warrants 2012/2017 No. of shares issued under this corporate proposal : 50 Issue price per share ($$) : 2.0600 Par Value ($$) : 0.50 Latest issued and paid up share capital after the above corporate proposal In the following Units : 550,239,060 Currency : Malaysian Ringgit (MYR) 275,119,530.000 Listing Date : 26/08/2016
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....
vcgh23
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Posted by vcgh23 > 2016-08-15 17:03 | Report Abuse
second quarter I m believed the result might better then first qr result a lot, hence the share price flying .. I think very possible mother price will touch 1.80