AbudanceDigidigi, warrant expires Dec 2017 and not may. Gone down after dividend payout and now whole market down cos of possibility of Fed interest hike. Ringgit down again ... Hopefully better exports
iphone4@Abudance if u r still interested buying MFM WB
Profile for Warrants I Listing Date : 14/05/2012 Issue Date : 10/05/2012 Issue/ Ask Price : Not Applicable Issue Size in Unit : 107,644,606 Maturity Date : 09/05/2017 Revised Maturity Date : Exercise/Conversion Period : 5.00 Year(s) Revised Exercise/Conversion Period : Exercise/ Strike/ Conversion Price : MYR 2.0600 Revised Exercise/ Strike/ Conversion Price : Exercise/ Conversion Ratio : 1:1 Revised Exercise/ Conversion Ratio : Mode of Satisfaction of Exercise/Conversion Price : Cash Settlement Type/ Convertible into : Physical (Shares) Remarks : The Warrants can be exercised at any time on or after the date of issue of the Warrants up to Expiry Date (both dates inclusive). Each Warrant entitles the registered holder during the Exercise Period to subscribe for one (1) new MFM Share in the share capital of MFM at the Exercise Price, subject to adjustments in accordance with the provisions in the Deed Poll dated 21 March 2012.
digidigiNow ringgit start to depreciate again, their might have higher foreign exchange loss compare to last two quater, so there is basically no chance for the warrant to survive
tradeviewI called out to collect MFlour on weakness when others are fearful. Catching reversal is one way of trading apart from catching rebound. Next TP is RM1.60.
tradeviewthose keen to join my telegram channel or private group, feel free to contact me at the details provided. http://klse.i3investor.com/blogs/tradeview/106347.jsp
sharevaluableROE is less than 5%. Gross margin is only 10% non-durable competitive advantage. Not efficient as operating income drop significantly after expenses. Year-on-year increasing short-term debts than equity holders' single dollar equivalent to a dollar debt.
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tradeviewYou are not looking at the true fundamental value of the counter. Quoting only figures without the context does not paint a full picture. Mflour is a turnaround company and their growth has shown for the past 2Q. I believe the contribution from Indonesia will continue to increase and bring about a higher 2nd half for MFlour compared the the 1st half.
vcgh23Any sifu or expert can advise me ..is it good timing to buy in Mflour and keep until 3rd quarter result to annouce