|
| |
Overview
Financial Highlight
HeadlinesBusiness Background Malayan Flour Mills Bhd was founded on October 15, 1966. The Company is principally engaged in the business of milling and selling wheat flour and trading in grains and other allied products. Its operations comprises of Flour and trading in grains, and Poultry integration. Milling and selling wheat flour and trading in grains and other allied products. Manufacture and sale of animal feeds, processing and sale of poultry products, poultry grow-out farm, breeding and sale of day-old-chicks and contract farming activities.
  sapurakencana Due to the uncertain impact of the COVID-19 pandemic on the world and domestic economic environment, volatile commodities prices and foreign exchange, the Board is unable to provide a clear indication on the Group’s performance in 2020 at this moment. 15/05/2020 5:49 PM ivanlau this is one of the stoxkpxck2u stock....... good luck for their members........ 15/05/2020 5:51 PM Cheong88 https://www.theedgemarkets.com/article/malayan-flour-mills-sinks-losses-1q-pandemic-affects-its-poultry-business 15/05/2020 8:13 PM  Lukesharewalker Guess this would be the gauge for all poultry stocks. Underestimated the closures of commercial restaurants impact 15/05/2020 8:19 PM  Steve Ooi Jadi roti canai sekarang. Give you guys another hint why Dinding can't compete with Leong Hup, CAB and Huat Lai, because of "PRICE". As I mention year or two ago, Dinding poultry product breakeven price is about RM4.20, if the live bird price is below RM4.50 Mflour poultry sector is making losses. As simple as that. Steve Ooi Apr 21, 2020 2:11 AM | Report Abuse Mflour suffer huge losses from its poultry business, new processing plant is live, depreciation is on, no demand for its product. Mar 19, 2020 8:00 AM | Report Abuse The same advice from me, stay away from this counter, coming quarter is worst than previous quarter due to additional capex book in. My feeling tell me so as most company practice to capitalize their asset 1st or 2nd quarter since it's not capitalize in 4th quarter 2019. 15/05/2020 9:41 PM 15/05/2020 10:00 PM hooi expand at the wrong timing . now nobody want to eat inside restaurant sell . 15/05/2020 10:12 PM newbie0718 flour and grain business are still good.....collect at low and aim for rebound... 16/05/2020 9:02 AM idunwork Chicken price up.. https://www.sinchew.com.my/content/content_2272717.html 16/05/2020 3:57 PM dasm1284 from AmResearch report in Feb2020: Earnings of the flour division climbed by 74.0% to RM114.7mil in FY19 from RM65.9mil in FY18 on the back of higher selling prices of non-GP (general purpose) flour products. EBIT margin was 5.7% in FY19 against 3.7% in FY18. About 95% of MFM’s flour products comprise nonGP flour products. dividend yield 5-6% at current level (based on 3 sen dividend in Fy19) 16/05/2020 4:01 PM chinooo Last month live chicken price is at RM4.50 and they depreciate their biological asset for 8million, now chicken price back to RM7.00. I wonder how much they will evaluate back their asset for next QR? 16/05/2020 11:05 PM dasm1284 yes chinoo - impairment loss, depreciation of asset and foreign exchange loss quite a lot, flour business is ok, poultry still making loss..... see how Q2 goes.... the thing is their flour business have been covering most of the losses from poultry. They ventured in poultry sector in recent years but managed to be the supplier for McDonald and Texas Chicken. not bad right. Fast food franchise have been also opening throughout MCO period. If I were to choose a semi-poultry company that is going to weather through this period, Mflour is my top choice. But who knows stock price could fly up like LCTitan after a poor result. hehe 17/05/2020 12:52 AM dasm1284 Mflour already depreciate their chickens stock for RM8mil, chicken price was rm5.xx, if later chicken price back to rm7++, they should report RM8mil or more profit next QR! 17/05/2020 1:14 AM stncws buy more...some share price wont affected one!..in long run sure win..flour biz.. 17/05/2020 11:56 AM escanor999 Can any experience traders here know why prices went up despite the Q1 bad results? So confusing. So should we sell on Monday or not 17/05/2020 6:56 PM  birkincollector tricky.....bad results but news reported now chicken very in demand til price shoot up almost 100%......so let see 17/05/2020 7:55 PM Pokem0n https://www.thestar.com.my/metro/metro-news/2020/05/15/price-hike-is-no-chicken-feed 17/05/2020 8:16 PM  James Ng https://klse.i3investor.com/blogs/general/2020-05-17-story-h1507086907.jsp [转贴] [Facebook live video:浅谈Malayan Flour mills bhd (MFlour)] - James的股票投资James Share Investing 17/05/2020 9:24 PM dasm1284 @escanor999 - simple. because stock market looks ahead. higher chicken price boils well for the company's poultry business, flour demand should be high too . QR report is backdated (end Mar 2020) 17/05/2020 11:24 PM  snwong13 . For those who cannot understand the business impact of covid-19 pandemic, move your savings to FD to earn some interest while maintaining your capital. Equity markets bounced to report some losses during MCO accept those pandemic driven stocks like Top Glove. The coming quarters results that count! Good Luck! 18/05/2020 6:43 AM Money122 Due to QR loss result..I think the price may continue to go down trend.. 19/05/2020 9:22 PM Armageddon Mflour look like other goreng going to happen soon! Raya ang pow coming!!! 20/05/2020 4:41 PM  ampabella raya over jor no nid to make biscuit but still nid to goreng pisang, how.....tak akan guna starch to goreng , rite 04/06/2020 12:46 PM Steve Ooi Mflour result drag by its poultry sector. "Poultry integration segment recorded an operating loss of RM29.2 million in Q1 2020" 21/6-6/7 share movement CAB-31sen-47.5sen(+53%) LHI-71sen-93.5sen(+32%) What this share price movement tell you? 1. live bird price 2. demand Q120 loss RM16mil include RM25mil oneoff expenses(impairment,written-off, FV loss), adj PAT is about RM9 mil with average live bird price RM3.94. Assume flour performance remain the same, with quarter average live bird price RM4.38. Quarter 1 already capitalize about RM230 mil FA into the book, the expansion plan still ongoing. Q220 result confirm way better than quarter 1, do your own research guys. Current price is low and can consider to collect and keep for 2-3 years. Rgs Ooi 06/07/2020 11:20 PM Bluey In current exciting market, how can you recommend collecting and keep for 2-3 years. You ruin your reputation 08/07/2020 5:01 PM  TakeProfits Walau, Steve Ooi, berapa lots you sudah beli.....simpan 3 tahun jah...kikiki.. 09/07/2020 9:37 AM  |
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
