Highlights
KLSE: MFLOUR (3662)       MALAYAN FLOUR MILLS BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
1.32   -0.06 (4.35%)  1.32 - 1.38  1,845,900
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Financials


Market Cap: 726 Million

Market Cap 726 Million
NOSH 550 Million

Latest Audited Result:  31-Dec-2017

Latest Audited Result: 31-Dec-2017
Announcement Date 23-Apr-2018
Next Audited Result: 31-Dec-2018
Est. Ann. Date: 23-Apr-2019
Est. Ann. Due Date: 29-Jun-2019

Latest Quarter:  31-Mar-2018 [#1]

Latest Quarter: 31-Mar-2018 [#1]
Announcement Date 30-May-2018
Next Quarter: 30-Jun-2018
Est. Ann. Date: 05-Sep-2018
Est. Ann. Due Date: 29-Aug-2018
QoQ | YoY   -60.05%  |    -93.59%

Annual (Unaudited) ( EPS: 12.46, P/E: 10.59 )

Revenue | NP to SH 2,402,283  |  68,568
RPS | P/RPS 436.55 Cent  |  0.30
EPS | P/E | EY 12.46 Cent  |  10.59  |  9.44%
DPS | DY | Payout % 6.50 Cent  |  4.92%  |  52.17%
NAPS | P/NAPS 1.52  |  0.87
YoY   -15.18%
NP Margin | ROE 3.00%  |  8.20%
F.Y. | Ann. Date 31-Dec-2017  |  28-Feb-2018

T4Q Result ( EPS: 8.22, P/E: 16.05 )

Revenue | NP to SH 2,361,923  |  45,254
RPS | P/RPS 429.22 Cent  |  0.31
EPS | P/E | EY 8.22 Cent  |  16.05  |  6.23%
DPS | DY | Payout % 6.50 Cent  |  4.92%  |  79.04%
NAPS | P/NAPS 1.46  |  0.90
QoQ | YoY   -34.00%  |    -48.64%
NP Margin | ROE 2.02%  |  5.63%
F.Y. | Ann. Date 31-Mar-2018  |  30-May-2018

Annualized Result ( EPS: 1.16, P/E: 113.78 )

Revenue | NP to SH 2,255,260  |  6,384
RPS | P/RPS 409.83 Cent  |  0.32
EPS | P/E | EY 1.16 Cent  |  113.78  |  0.88%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   -90.69%  |    -93.59%
NP Margin | ROE 0.48%  |  0.79%
F.Y. | Ann. Date 31-Mar-2018  |  30-May-2018


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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2018 30-May-2018 31-Mar-2018 1 563,815 2,450 2,685 1,596 - 803,416 - % 0.48% 0.20% 550,285 102.46 102.46 0.29 0.29 0.00 0.00 1.4600 1.46   -60.05%   -93.59% 30-Mar-2018 1.53 1.49 527.53 1.05 0.19% 0.00% 30-May-2018 1.52 1.48 524.08 1.04 0.19% 0.00%
31-Dec-2017 28-Feb-2018 31-Dec-2017 4 591,209 14,723 5,453 3,995 19,259 836,433 482.10% 0.92% 0.48% 550,285 107.44 107.44 0.73 0.73 3.50 3.50 1.5200 1.52   -83.01%   -78.67% 29-Dec-2017 1.91 1.78 263.09 1.26 0.38% 1.83% 28-Feb-2018 2.05 1.91 282.37 1.35 0.35% 1.71%
31-Dec-2017 09-Nov-2017 30-Sep-2017 3 630,973 26,502 23,441 23,514 - 841,936 - % 3.72% 2.79% 550,285 114.66 114.66 4.27 4.27 0.00 0.00 1.5300 1.53   45.61%   70.05% 29-Sep-2017 2.06 1.80 48.21 1.35 2.07% 0.00% 09-Nov-2017 1.89 1.65 44.23 1.24 2.26% 0.00%
31-Dec-2017 05-Sep-2017 30-Jun-2017 2 575,926 21,472 16,076 16,149 16,508 841,911 102.22% 2.79% 1.92% 550,269 104.66 104.66 2.93 2.93 3.00 3.00 1.5300 1.53   -35.17%   -47.30% 30-Jun-2017 2.45 2.34 83.48 1.60 1.20% 1.22% 05-Sep-2017 2.09 2.00 71.22 1.37 1.40% 1.44%
31-Dec-2017 25-May-2017 31-Mar-2017 1 604,175 33,796 26,993 24,910 - 835,832 - % 4.47% 2.98% 549,889 109.87 109.79 4.53 4.53 0.00 0.00 1.5200 1.52   33.00%   41.28% 31-Mar-2017 1.49 1.36 32.89 0.98 3.04% 0.00% 25-May-2017 2.20 2.00 48.57 1.45 2.06% 0.00%
31-Dec-2016 23-Feb-2017 31-Dec-2016 4 649,339 34,532 25,385 18,730 19,234 829,813 102.69% 3.91% 2.26% 549,545 118.16 118.00 3.40 3.40 3.50 3.50 1.5100 1.51   35.45%   336.88% 30-Dec-2016 1.35 1.14 39.61 0.89 2.52% 2.59% 23-Feb-2017 1.49 1.26 43.72 0.99 2.29% 2.35%
31-Dec-2016 17-Nov-2016 30-Sep-2016 3 614,400 15,307 13,866 13,828 - 798,828 - % 2.26% 1.73% 550,916 111.52 111.65 2.51 2.51 0.00 0.00 1.4500 1.45   -54.88%   33.57% 30-Sep-2016 1.49 1.34 59.36 1.03 1.68% 0.00% 17-Nov-2016 1.53 1.37 60.96 1.06 1.64% 0.00%
31-Dec-2016 17-Aug-2016 30-Jun-2016 2 608,111 39,873 36,441 30,645 16,505 792,258 53.86% 5.99% 3.87% 550,179 110.53 110.51 5.57 5.57 3.00 3.00 1.4400 1.44   73.80%   141.28% 30-Jun-2016 1.28 1.16 22.98 0.89 4.35% 2.34% 17-Aug-2016 1.62 1.47 29.08 1.13 3.44% 1.85%
31-Dec-2016 17-May-2016 31-Mar-2016 1 666,836 21,607 17,268 17,632 - 754,869 - % 2.59% 2.34% 550,999 121.02 121.18 3.20 3.20 0.00 0.00 1.3700 1.37   322.99%   226.64% 31-Mar-2016 1.24 1.02 38.75 0.91 2.58% 0.00% 17-May-2016 1.21 1.00 37.81 0.88 2.64% 0.00%
31-Dec-2015 24-Feb-2016 31-Dec-2015 4 602,079 -4,439 -6,810 -7,907 10,757 753,047 - % -1.13% -1.05% 537,891 111.93 109.41 -1.47 -1.44 2.00 1.95 1.4000 1.37   -176.37%   -270.26% 31-Dec-2015 1.32 1.18 -89.80 0.94 -1.11% 1.52% 24-Feb-2016 1.27 1.13 -86.39 0.91 -1.16% 1.57%
31-Dec-2015 26-Nov-2015 30-Sep-2015 3 608,207 20,954 15,343 10,353 - 771,082 - % 2.52% 1.34% 539,218 112.79 110.53 1.92 1.88 0.00 0.00 1.4300 1.40   -18.49%   -60.83% 30-Sep-2015 1.31 1.16 68.23 0.92 1.47% 0.00% 26-Nov-2015 1.33 1.18 69.27 0.93 1.44% 0.00%
31-Dec-2015 06-Aug-2015 30-Jun-2015 2 535,561 15,496 13,045 12,701 10,763 742,685 84.75% 2.44% 1.71% 538,177 99.51 97.32 2.36 2.31 2.00 1.96 1.3800 1.35   135.29%   -6.37% 30-Jun-2015 1.36 1.37 57.63 0.99 1.74% 1.47% 06-Aug-2015 1.30 1.31 55.08 0.94 1.82% 1.54%
31-Dec-2015 21-May-2015 31-Mar-2015 1 556,060 11,863 7,826 5,398 - 728,730 - % 1.41% 0.74% 539,800 103.01 101.05 1.00 0.98 0.00 0.00 1.3500 1.32   16.24%   -76.67% 31-Mar-2015 1.51 1.47 151.00 1.12 0.66% 0.00% 21-May-2015 1.50 1.46 150.00 1.11 0.67% 0.00%
31-Dec-2014 23-Feb-2015 31-Dec-2014 4 574,142 1,316 8,230 4,644 18,899 734,399 406.98% 1.43% 0.63% 539,999 106.32 104.34 0.86 0.84 3.50 3.43 1.3600 1.33   -82.43%   -79.88% 31-Dec-2014 1.55 1.46 180.23 1.14 0.55% 2.26% 23-Feb-2015 1.64 1.54 190.70 1.21 0.52% 2.13%
31-Dec-2014 05-Nov-2014 30-Sep-2014 3 569,251 32,756 28,945 26,434 - 716,033 - % 5.08% 3.69% 538,370 105.74 103.45 4.91 4.80 0.00 0.00 1.3300 1.30   94.87%   6.16% 30-Sep-2014 1.95 1.84 39.71 1.47 2.52% 0.00% 05-Nov-2014 1.86 1.76 37.88 1.40 2.64% 0.00%
31-Dec-2014 25-Aug-2014 30-Jun-2014 2 563,803 18,863 15,397 13,565 16,148 699,781 119.05% 2.73% 1.94% 538,293 104.74 102.46 2.52 2.47 3.00 2.93 1.3000 1.27   -41.37%   54.60% 30-Jun-2014 1.59 1.52 63.10 1.22 1.58% 1.89% 25-Aug-2014 1.98 1.89 78.57 1.52 1.27% 1.52%
31-Dec-2014 14-May-2014 31-Mar-2014 1 579,379 30,794 26,922 23,135 - 694,049 - % 4.65% 3.33% 538,023 107.69 105.29 4.30 4.20 0.00 0.00 1.2900 1.26   0.21%   126.41% 31-Mar-2014 1.54 1.43 35.81 1.19 2.79% 0.00% 14-May-2014 1.55 1.44 36.05 1.20 2.77% 0.00%
31-Dec-2013 26-Feb-2014 31-Dec-2013 4 632,888 25,327 25,921 23,087 32,289 667,316 139.86% 4.10% 3.46% 538,158 117.60 115.01 4.29 4.20 6.00 5.87 1.2400 1.21   -7.28%   74.86% 31-Dec-2013 1.52 1.29 35.43 1.23 2.82% 3.95% 26-Feb-2014 1.63 1.39 38.00 1.31 2.63% 3.68%
31-Dec-2013 20-Nov-2013 30-Sep-2013 3 606,732 36,377 29,019 24,899 32,266 666,841 129.59% 4.78% 3.73% 537,775 112.82 110.26 4.63 4.52 6.00 5.86 1.2400 1.21   183.78%   112.92% 30-Sep-2013 1.36 1.21 29.37 1.10 3.40% 4.41% 20-Nov-2013 1.32 1.17 28.51 1.06 3.51% 4.55%
31-Dec-2013 21-Aug-2013 30-Jun-2013 2 545,160 13,558 11,183 8,774 16,148 656,704 184.05% 2.05% 1.34% 538,282 101.28 99.07 1.63 1.59 3.00 2.93 1.2200 1.19   -14.13%   108.31% 28-Jun-2013 1.29 1.27 79.14 1.06 1.26% 2.33% 21-Aug-2013 1.27 1.25 77.91 1.04 1.28% 2.36%
31-Dec-2013 16-May-2013 31-Mar-2013 1 521,258 18,646 14,053 10,218 - 639,969 - % 2.70% 1.60% 537,789 96.93 94.73 1.90 1.86 0.00 0.00 1.1900 1.16   -22.61%   1,808.70% 29-Mar-2013 1.23 1.27 64.74 1.03 1.54% 0.00% 16-May-2013 1.33 1.37 70.00 1.12 1.43% 0.00%
31-Dec-2012 27-Feb-2013 31-Dec-2012 4 521,233 25,602 18,464 13,203 16,166 641,288 122.45% 3.54% 2.06% 538,897 96.72 94.72 2.45 2.40 3.00 2.94 1.1900 1.17   12.90%   -35.55% 31-Dec-2012 1.28 1.32 52.24 1.08 1.91% 2.34% 27-Feb-2013 1.21 1.25 49.39 1.02 2.02% 2.48%
31-Dec-2012 21-Nov-2012 30-Sep-2012 3 538,830 17,447 14,848 11,694 - 630,505 - % 2.76% 1.85% 538,893 99.99 97.92 2.17 2.13 0.00 0.00 1.1700 1.15   177.64%   -24.32% 28-Sep-2012 1.39 1.39 64.06 1.19 1.56% 0.00% 21-Nov-2012 1.35 1.35 62.21 1.15 1.61% 0.00%
31-Dec-2012 16-Aug-2012 30-Jun-2012 2 501,349 8,058 6,374 4,212 - 555,218 - % 1.27% 0.76% 478,636 104.75 91.11 0.88 0.77 0.00 0.00 1.1600 1.01   804.35%   -72.19% 29-Jun-2012 1.50 1.43 170.45 1.29 0.59% 0.00% 16-Aug-2012 1.56 1.49 177.27 1.34 0.56% 0.00%
31-Dec-2012 17-May-2012 31-Mar-2012 1 467,063 76 -2,050 -598 - 434,909 - % -0.44% -0.14% 181,212 257.74 84.88 -0.33 -0.11 0.00 0.00 2.4000 0.79   -102.92%   -102.01% 30-Mar-2012 4.67 1.81 -1,415.15 1.95 -0.07% 0.00% 17-May-2012 1.59 0.62 -481.82 0.66 -0.21% 0.00%
31-Dec-2011 27-Feb-2012 31-Dec-2011 4 519,413 20,598 24,645 20,487 - 522,133 - % 4.74% 3.92% 107,656 482.47 94.39 19.03 3.72 0.00 0.00 4.8500 0.95   32.59%   -28.02% 30-Dec-2011 3.60 0.75 18.92 0.74 5.29% 0.00% 27-Feb-2012 4.38 0.91 23.02 0.90 4.34% 0.00%
31-Dec-2011 15-Nov-2011 30-Sep-2011 3 473,679 20,273 17,813 15,451 - 502,830 - % 3.76% 3.07% 107,672 439.93 86.08 14.35 2.81 0.00 0.00 4.6700 0.91   2.03%   -35.72% 30-Sep-2011 3.48 0.79 24.25 0.75 4.12% 0.00% 15-Nov-2011 3.89 0.88 27.11 0.83 3.69% 0.00%
31-Dec-2011 23-Aug-2011 30-Jun-2011 2 466,314 22,766 17,583 15,144 - 480,044 - % 3.77% 3.15% 107,633 433.24 84.74 14.07 2.75 0.00 0.00 4.4600 0.87   -49.17%   1.53% 30-Jun-2011 4.12 0.95 29.28 0.92 3.42% 0.00% 23-Aug-2011 3.74 0.86 26.58 0.84 3.76% 0.00%
31-Dec-2011 24-May-2011 31-Mar-2011 1 459,009 39,974 32,157 29,791 - 479,110 - % 7.01% 6.22% 107,665 426.33 83.41 27.67 5.41 0.00 0.00 4.4500 0.87   4.67%   67.66% 31-Mar-2011 2.72 0.64 9.83 0.61 10.17% 0.00% 24-May-2011 3.22 0.76 11.64 0.72 8.59% 0.00%
31-Dec-2010 17-Feb-2011 31-Dec-2010 4 459,318 46,310 34,095 28,462 - 469,343 - % 7.42% 6.06% 107,647 426.69 83.47 26.44 5.17 0.00 0.00 4.3600 0.85   18.41%   47.29% 30-Dec-2010 2.23 0.52 8.43 0.51 11.86% 0.00% 17-Feb-2011 2.47 0.58 9.34 0.57 10.70% 0.00%
31-Dec-2010 08-Nov-2010 30-Sep-2010 3 423,761 33,205 27,625 24,036 - 441,323 - % 6.52% 5.45% 107,639 393.68 77.01 22.33 4.37 0.00 0.00 4.1000 0.80   61.14%   -2.41% 30-Sep-2010 2.03 0.52 9.09 0.50 11.00% 0.00% 08-Nov-2010 2.19 0.56 9.81 0.53 10.20% 0.00%
31-Dec-2010 17-Aug-2010 30-Jun-2010 2 342,721 21,056 17,335 14,916 - 426,171 - % 5.06% 3.50% 107,619 318.46 62.28 13.86 2.71 0.00 0.00 3.9600 0.77   -16.06%   4.75% 30-Jun-2010 1.93 0.61 13.92 0.49 7.18% 0.00% 17-Aug-2010 2.07 0.65 14.94 0.52 6.70% 0.00%
31-Dec-2010 25-May-2010 31-Mar-2010 1 329,291 27,322 21,271 17,769 - 425,121 - % 6.46% 4.18% 107,625 305.96 59.84 16.51 3.23 0.00 0.00 3.9500 0.77   -8.05%   279.27% 31-Mar-2010 1.95 0.64 11.81 0.49 8.47% 0.00% 25-May-2010 1.92 0.63 11.63 0.49 8.60% 0.00%
31-Dec-2009 19-Feb-2010 31-Dec-2009 4 330,025 27,604 22,714 19,324 16,148 425,235 83.57% 6.88% 4.54% 107,654 306.56 59.97 17.95 3.51 15.00 2.93 3.9500 0.77   -21.54%   140.98% 31-Dec-2009 1.62 0.53 9.03 0.41 11.08% 9.26% 19-Feb-2010 1.63 0.53 9.08 0.41 11.01% 9.20%
31-Dec-2009 09-Nov-2009 30-Sep-2009 3 301,866 35,635 28,100 24,630 5,382 412,294 21.85% 9.31% 5.97% 107,648 280.42 54.86 22.88 4.48 5.00 0.98 3.8300 0.75   72.96%   59.09% 30-Sep-2009 1.57 0.56 6.86 0.41 14.57% 3.18% 09-Nov-2009 1.53 0.55 6.69 0.40 14.95% 3.27%
31-Dec-2009 24-Aug-2009 30-Jun-2009 2 291,034 20,506 16,356 14,240 - 390,712 - % 5.62% 3.64% 107,634 270.39 52.89 13.23 2.59 0.00 0.00 3.6300 0.71   203.95%   44.44% 30-Jun-2009 1.51 0.56 11.41 0.42 8.76% 0.00% 24-Aug-2009 1.54 0.57 11.64 0.42 8.59% 0.00%
31-Dec-2009 27-May-2009 31-Mar-2009 1 278,128 8,289 5,111 4,685 - 394,186 - % 1.84% 1.19% 107,701 258.24 50.54 4.35 0.85 0.00 0.00 3.6600 0.72   -41.58%   -80.96% 31-Mar-2009 1.33 0.52 30.57 0.36 3.27% 0.00% 27-May-2009 1.45 0.56 33.33 0.40 3.00% 0.00%
31-Dec-2008 25-Feb-2009 31-Dec-2008 4 310,565 8,659 7,385 8,019 16,145 388,571 201.34% 2.38% 2.06% 107,637 288.53 56.44 7.45 1.46 15.00 2.93 3.6100 0.71   -48.20%   -63.90% 31-Dec-2008 1.38 0.48 18.52 0.38 5.40% 10.87% 25-Feb-2009 1.33 0.46 17.85 0.37 5.60% 11.28%
31-Dec-2008 10-Nov-2008 30-Sep-2008 3 316,146 23,383 17,609 15,482 5,383 386,511 34.77% 5.57% 4.01% 107,663 293.64 57.45 14.38 2.81 5.00 0.98 3.5900 0.70   57.03%   13.40% 30-Sep-2008 1.50 0.51 10.43 0.42 9.59% 3.33% 10-Nov-2008 1.33 0.45 9.25 0.37 10.81% 3.76%
31-Dec-2008 07-Aug-2008 30-Jun-2008 2 281,050 12,617 9,625 9,859 - 360,563 - % 3.42% 2.73% 107,631 261.12 51.07 9.16 1.79 0.00 0.00 3.3500 0.66   -59.94%   324.04% 30-Jun-2008 1.54 0.59 16.81 0.46 5.95% 0.00% 07-Aug-2008 1.52 0.58 16.59 0.45 6.03% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


Analyze this stock with MQ Trader system
  17 people like this.
 
sapurakencana Thanks your advise.The action that i take mainly to alert the new investor do not fall into this trap.I wil continue my journey
09/03/2018 21:09

Please repeat the same statement,so that may be management wil aware of their problem 1 day.
i wrote this statement to prevent management repeat same mistake/ no excuse to repeat same mistake unless they can clarify their actual reasonable reason to convince us.

from the report,i notice the inventory & biological asset level become high & higher from quarter to quarter.It seem not good for consumer product to keep so big amount of stock for this fast change enviroment. It also cause the cash level drop from 371Mil to 257mil. reduce almost 80mil,(equalvalent to 15 dividend can payout to shareholder).Borrowing 1.12billion also consider high if compare with net earning 72mil per yer. because interest incurred let said 2% already cost 24mil per year or may be more than that.


Foreign currency risk-15mil seem to high when ringgit malaysia become strong.For those who loan in USD 529milRM should benefit from strong ringgit.why it does not happen in this quarter.

Anybody can give further information.
01/03/2018 10:02
05/03/2018 09:58
08/03/2018 18:35
16/03/2018 12:47
jacky2388 keep going down...
21/03/2018 11:13
starleong84no1 maybe they want unlisted??, press down the price. buy it back with lower price. Esso last time also this type of scenario, new buyer try press down the price. Later public listed again as petron. I get burn almost quite lot there. Later petron i dint buy back because of dissapoited, now a day 9 something, dissapointed again. haha
21/03/2018 13:36
sapurakencana Please repeat the same statement,so that may be management wil aware of their problem 1 day.
i wrote this statement to prevent management repeat same mistake/ no excuse to repeat same mistake unless they can clarify their actual reasonable reason to convince us.

from the report,i notice the inventory & biological asset level become high & higher from quarter to quarter.It seem not good for consumer product to keep so big amount of stock for this fast change enviroment. It also cause the cash level drop from 371Mil to 257mil. reduce almost 80mil,(equalvalent to 15 dividend can payout to shareholder).Borrowing 1.12billion also consider high if compare with net earning 72mil per yer. because interest incurred let said 2% already cost 24mil per year or may be more than that.


Foreign currency risk-15mil seem to high when ringgit malaysia become strong.For those who loan in USD 529milRM should benefit from strong ringgit.why it does not happen in this quarter.

Anybody can give further information.
01/03/2018 10:02
05/03/2018 09:58
08/03/2018 18:35
16/03/2018 12:47

unless they can solve the high debt & low sales issue.3.if foreign currency loss still appear in coming quarter.4 capital expenditure expect to be incurr 100mil per year. I prefer downgrade to RM1.40 for coming quarter if KLCI at 1790 level.(manupulate by Big boy in market thru Nestle , F&N Maybank HLeong & CIMB)
14/03/2018 17:57
21/03/2018 20:03
Matthieu Seven Hahahaha.. you very funny la @sapura. Keep repeating the same question and only see teh Mflour price sinking

DOnt talk so much. Just dump and byebye, You see @sebastian sudah diam. Maybe he dump above RM1.90 and bye liao. Sebastian, you still alive? Give some comments la
22/03/2018 10:45
sapurakencana when somebody respond to my article that i repead mean i reach my target to attract more people to aware the weakness of this company & to prevent management repeat same mistake/ no excuse to repeat same mistake unless they can clarify their actual reasonable reason to convince us.

unless they can solve the high debt & low sales issue.3.if foreign currency loss still appear in coming quarter.4 capital expenditure expect to be incurr 100mil per year. I prefer downgrade to RM1.40 for coming quarter if KLCI at 1790 level.(manupulate by Big boy in market thru Nestle , F&N Maybank HLeong & CIMB)
14/03/2018 17:57
21/03/2018 20:03
22/03/2018 12:25
sapurakencana I wil buy more if this company show me they are on the right direction toward achieve the higher revenue n profit.but not now. I prefer downgrade to RM1.40 for coming quarter
22/03/2018 16:31
sapurakencana 2017 2016
Trade and other receivables, including derivatives 373,132 443,117
Prepayments and other assets 6,607 6,729
Inventories 493,018 455,146
Biological assets 56,673 49,944
Current tax assets 2,797 1,499
Cash and cash equivalents 257,768 371,190
Total current assets 1,189,995 1,327,625

Trade & other receivable reduce from RM443,117,000.00 to RM 373,132,000.00 =69.8 mil
but on the other hand cash reduce from 371mil to 257mil = 114mil.

I prefer downgrade to RM1.40 for coming quarter if cash on hand & revenue keep on reduce.
30/03/2018 18:14
kevinobc mflour jadi bubur flour...
03/04/2018 10:08
jordanmaggie61 now is too high
03/04/2018 10:17
Sebastian Sted Power one of my best ever decision to clear all my stocks last month

@Matthieu, seem like heading to my previous purchase price 1.2-1.4.
@sapura, no need wait next QR. This week will hit 1.4; next QR if ugly confirm below 1.2
03/04/2018 19:02
Matthieu Seven that day after QR released I sold liao and predicted 1.40 price. Actually I was joking woth 1.40

WOW!! its reaching now. hahahaha
03/04/2018 19:41
yfchong 1.20
04/04/2018 19:21
Money122 1.00 coming
04/04/2018 23:49
rockycleft Buy below 1.40......
05/04/2018 07:30
Yael Jasper try to get lower
05/04/2018 14:39
LimKT lowest again ... :-(
05/04/2018 15:12
jordanmaggie61 isComing!!
05/04/2018 15:45
sapurakencana i wrote this statement to prevent management repeat same mistake/ no excuse to repeat same mistake unless they can clarify their actual reasonable reason to convince us.

from the report,i notice the inventory & biological asset level become high & higher from quarter to quarter.It seem not good for consumer product to keep so big amount of stock for this fast change enviroment. It also cause the cash level drop from 371Mil to 257mil. reduce almost 80mil,(equalvalent to 15 dividend can payout to shareholder).Borrowing 1.12billion also consider high if compare with net earning 72mil per yer. because interest incurred let said 2% already cost 24mil per year or may be more than that.


Foreign currency risk-15mil seem to high when ringgit malaysia become strong.For those who loan in USD 529milRM should benefit from strong ringgit.why it does not happen in this quarter.


3.unless they can solve the high debt & low sales issue.3.if foreign currency loss still appear in coming quarter.4 capital expenditure expect to be incurr 100mil per year. I prefer downgrade to RM1.40 for coming quarter if KLCI at 1790 level.
14/03/2018 17:57
21/03/2018 20:03
10/04/2018 18:02
DickyMe Price manipulation. Don't know how many going to get burned. Casino counter.
11/04/2018 17:45
Sebastian Sted Power earn some handsome profits from last two days contra. I never expect this because previously this was one of my long term holding counter.

Please sell if anyone still hold. WIll back to 1.40 level very soon
11/04/2018 18:58
Money122 Wait till 1.20 or 1.00 then buy in can average down..?
13/04/2018 17:19
EngineeringProfit High volatility = gambling mode
15/04/2018 11:06
Lyo82 Wait till 1.20 or 1.00? I bet you will not dare to buy in if don't know what is happening. When it does retreat to 1.00, you might expect it to go lower to 0.80 ,0.60....etc. This is typical characteristic from most people.
21/04/2018 10:26
Money122 Any news about mflour?
21/05/2018 11:27
Money122 1.40
21/05/2018 15:43
Money122 Today market looks like ab normal ...so many stock down..
23/05/2018 11:31
Money122 Better run 1st before too late ..
23/05/2018 11:54
sapurakencana i wrote this statement to prevent management repeat same mistake/ no excuse to repeat same mistake unless they can clarify their actual reasonable reason to convince us.

from the report,i notice the inventory & biological asset level become high & higher from quarter to quarter.It seem not good for consumer product to keep so big amount of stock for this fast change enviroment. It also cause the cash level drop from 371Mil to 257mil. reduce almost 80mil,(equalvalent to 15 dividend can payout to shareholder).Borrowing 1.12billion also consider high if compare with net earning 72mil per yer. because interest incurred let said 2% already cost 24mil per year or may be more than that.


Foreign currency risk-15mil seem to high when ringgit malaysia become strong.For those who loan in USD 529milRM should benefit from strong ringgit.why it does not happen in this quarter.


3.unless they can solve the high debt & low sales issue.3.if foreign currency loss still appear in coming quarter.4 capital expenditure expect to be incurr 100mil per year. I prefer downgrade to RM1.40 for coming quarter if KLCI at 1790 level.
24/05/2018 00:22
Money122 Now KLCI at 1778 level, it may go to 1.40?
24/05/2018 15:11
sapurakencana Becareful of this counter, Foreign currency risk, Low sales high debt & high level of inventory & biological ,high capital expenditure may cause uncertainty of future profit. TP 1.30 by end of 2018
25/05/2018 14:47
Money122 Coming festive season may improve sale of flour... that mean price will up?
28/05/2018 17:37
sapurakencana i dont thinks so may be poultry integration segment wil continues show low profit,this segment nearly contribute 45% of total profit.
29/05/2018 21:43
Outliar This counter is done for, the signs were there last quarter
30/05/2018 19:23
Sebastian Sted Power from bad to worse
30/05/2018 20:40
sapurakencana Revenue (Mar2018) 563mil (Mar17) 604mil decrease 6.8%
(Mar2018) 563mil (Dec2017) 591mil means drop 4.8% ,it means no increase in revenue & also means that new plant still not bring any contribution to this quarter revenue & sales figure keep on droping,beware of this issue.
01/06/2018 22:48
sapurakencana Cost of good sold (Mar2018) 509mil (Mar 17) 527mil
operating expenses (Mar2018) 47mil (Mar 17) 40mil
why operating expenses increase 7mil when sales drop 6.8% impposible,i fear there is a wastage in production.

Interest expenses keep on increase (Mar2018) 6.7mil (Mar 17) 5.9mil due to loan undertake keep on increase .It nearly 2 time of current quarter net profit.

Share of (loss)/profit of equity accounted joint venture, net of tax (Mar2018) -1.5mil (Mar 17) 333K,
it means our foreign investment in indonesia & vietnam bring negetive return for this quarter.

Foreign currency gain (Mar2018)-16.7mil (Mar2017) 4.6mil,
Foreign currency gain (Mar2018)-16.7mil (Dec2017) -15mil,it means that what we hope the foreign currency gain from the bulk purchase(in USD) due to Strength of ringgit also unachieveable.imppossible happen in continues 2 quarter report incurred loss.What actually management achieve?
01/06/2018 23:18
sapurakencana Segmental sales & profit
Flour & Grain trading revenue (Mar2018) 406mil (Mar17) 403mil increase 0.7%
Profit (Mar2018) 5.85mil (Mar17) 22.39mil drop 73.8%
With this comparison means even though revenue increase ,profit keep on droping,rediculous !

Poultry Integration revenue(Mar2018) 157mil (Dec2017) 200mil decrease 21.5 %
Profit (Mar2018) 1.55mil (Dec2017) 13.38mil drop 89%
With this comparison means revenue drop ,profit droping even bigger,wil this trend be continue for coming quarter? this is important due to this segment contribute 27.88% of total revenue.
01/06/2018 23:32
sapurakencana From the cash flow statement we realise that capital expenditure keep on increase fr Acquisition of property, plant and equipment and intangible assets Mar2018(64,851,000) Mar 2017(18,746,000)
Increase in investment in a joint venture (8,119,000),total up 73mil & cause cash in hand drop RM355mil (Mar2017) to 238mil (Mar2018),when can all of us get the return from the above huge capital expenditure? 1year,2 year or 5 year?
If new plant still not bring contribution by next year ,how to convience investor coming quarter revenue & profit will increase. I can't even continue my analysis.

As a conclusion, due to revenue & profit can not improve & cap expenditure keep on increase, i rather put the TP RM1.10 by end of 2018 even though the company NTA RM1.46.
01/06/2018 23:49
Money122 If according to @sapurakencana analysis, I also tp as 1.10
11/06/2018 15:27
Money122 2 quarter less profits..why
18/06/2018 01:37
Money122 Anyone know mflour quarter report when will come out?
25/06/2018 23:40
smartinvestor2 no hope already.
1.00 soon
27/06/2018 21:50
Money122 If QR ok then maybe can go up
05/07/2018 03:48
sapurakencana Poultry Integration still can not turn around for the coming quarter due to it expension,may be need to wait 1 more year,becareful when invest.
19/07/2018 09:48
michaelwong All squeezing out to escape
19/07/2018 17:24
ks5S tiew-loh... right issue... faster run
can become penny stock this time
19/07/2018 19:45
Sebastian Sted Power sapura, you still here? Aiyo! Dont waste your time. Better sell this and buy more sapura
19/07/2018 19:49
Money122 Before right issue, the share price will drop? Any comments?
20/07/2018 10:10
michaelwong Mampus!
20/07/2018 16:16