Last Price Today's Change   Day's Range   Trading Volume
0.115   0.00 (0.00%)  0.105 - 0.115  255,600
Analyze this stock with MQ Trader system


Market Cap: 47 Million
NOSH: 409 Million
Avg Volume (4 weeks):312,852
4 Weeks Range:0.095 - 0.165
4 Weeks Price Volatility (%):
52 Weeks Range:0.08 - 0.225
52 Weeks Price Volatility (%):
Average Price Target: 0.53
Price Target Upside/Downside: +0.415

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2019 [#3]  |  20-Aug-2019
Next QR | Est. Ann. Date: 30-Sep-2019  |  30-Nov-2019
T4Q P/E | EY: -20.77  |  -4.82%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: -0.0683  |  0.00
T4Q NP Margin | ROE: -4.19%  |  0.00%


Date Subject
21-Aug-2019 Mplus Market Pulse - 21 Aug 2019

Business Background

Kuantan Flour Mills Bhd is engaged in flour milling and trading in its related products. The company mainly operates in Malaysia.
Trade this stock for as low as 0.05% brokerage. Find out more.

  Be the first to like this.
ran777rpt I expect around 27 or 28 short term. If held beyond the tp expected 33
20/02/2017 12:40 PM
ran777rpt Coming
20/02/2017 3:48 PM
Ong Josephine wait for 18.0 or 18.5 to buy back...soon...in 1 day or 2
22/02/2017 4:17 PM
NorthernStar Josephine, it is coming for next round!
24/02/2017 10:55 AM
limch 0 revenue 19.5 sen. Malaysia boleh? China tak boleh?
28/02/2017 12:59 PM
sengkee Malaysia & China dua-dua pun boleh. Wait and see
28/02/2017 9:32 PM
NorthernStar Not good! :-(
03/03/2017 8:33 AM
dingdong123 ##*%...--..-...*&^*
03/03/2017 12:51 PM
sengkee Dah lama ni berehat. Bila nak bangun?
09/03/2017 10:17 PM
ran777rpt Besok
09/03/2017 10:21 PM
Ong Josephine lai liaoooooo
29/03/2017 9:21 AM
cscheong yeh......
29/03/2017 9:31 AM
franky65 Stock Alliance said will move but now stuck already ......
29/03/2017 9:56 AM
jayalbert people accummulated at 18 to 18.5 c range n dispose them off this morning. i did..
29/03/2017 9:56 AM
franky65 ayoo got coned listen to stock alliance making big noise but ..........
29/03/2017 11:10 AM
franky65 STOCK ALLIANCE WHERE IS THE UPTREND you where so sure about it this morning
29/03/2017 3:02 PM
ran777rpt Kindly announces regularisation plan by share private placements and rights issue
29/03/2017 8:39 PM
ran777rpt Sorry it is KFM and not kindly, ha ha ha
29/03/2017 8:40 PM
ran777rpt Does not look good. Anybody can explain?
29/03/2017 8:42 PM
sengkee Why not good? From a -0.17 NTA company to become a 0.20 company after completion of regularisation plan. More importantly it is alive and don't need be delisted.
30/03/2017 5:06 AM
birkincollector private placement at 0.200. will push high to attract investor
30/03/2017 9:23 AM
agcnazriadam Aiming this counter...
30/03/2017 12:38 PM
franky65 total disaster now 0.185 stupid stock Alliance
31/03/2017 4:38 PM
nklye Kihkihkih...
Pity the writer get bangboo when price drops...
31/03/2017 4:41 PM
sengkee Quite difficult to move above 0.20
05/04/2017 11:24 PM
chompks Its going nowhere
07/04/2017 3:52 PM
sengkee Need time
10/04/2017 10:30 AM
DokDokChang https://klse.i3investor.com/servlets/forum/903435434.jsp
why this counter got strong support at RM0.185-RM0.195...
white knight relatively unknown...
13/04/2017 11:06 AM
jayalbert KFM lai lai.. man man aar
26/04/2017 3:08 PM
paktua73 Brought a bit today will get bit tomorrow
17/05/2017 10:14 PM
DokDokChang Company just announced that they need another three months extension from Bursa to submit regularisation plan... i think if not granted, company will be delisted soon...
14/06/2017 1:47 PM
chengcheng2017 Thanks DokDokChang for sharing this important info.... http://www.bursamalaysia.com/market/listed-companies/company-announcements/5459145

Better run fast fast b4 too late
14/06/2017 5:37 PM
franky65 white knight sleeping Management doesnt care about shareholders
08/11/2017 9:54 AM
kyosan wow...struggling before jump down....see their latest qtr result loor...
29/11/2017 6:03 PM
Yang Addison almost yr end still got no news coming
14/12/2017 3:43 PM
sengkee Last year about this time, KFM was super hot. This year looks very quiet.
17/12/2017 11:32 PM
Rio2814 The same price you can get some warrants or share. No fear of delisting. Like. AT, Asiabio, UMWog WA, reach WA, Netx. .... why want to risk your hard earned money.
18/12/2017 12:05 PM
Yang Addison any big news
11/12/2018 9:40 PM
bibi_michelle Any news with ths kfm ? Y so silent
27/12/2018 2:01 PM
commonsense Hi bibi,

This is a company that has been recording losses for at least 10 years. And to think it will suddenly turnaround in FY19 might be a bit of a wishful thinking on the part of the shareholders.
That being said it actually already has a regularisation plan in placed to take it out of the PN17 status which consist of:

1) Capital raising via first a private placement of 27.3mil new share at RM0.10 per share amounting to RM2.7mil. Second will be via a right issue of 477.6mil shares at RM0.10 to existing shareholders (5 right issue for every 1 share owned) amounting to RM47.8mil. This bring the total of new capital to around RM50.5mil. Shareholders will need to subscribe to the right issue or risk being diluted later. They will also be missed out on getting the free warrants which are tradable once listed.

2) Reduction of debt. The company managed to negotiate a reduction of debt from its creditors. The company will “pay” most of its debt via issuance of 116.6mil new shares at RM0.10 and 58.3mil warrants.

3) Lotus Essential, a supplier to KFM will see RM15mil of its debt being repaid by issuance of RCPS of 300mil units at RM0.05 per unit which can be converted to 1 share for 1 RCPS. Here, there is another very big potential dilution to shareholders later since Lotus is given the right to buy new share at 5 sens compared to other investors at 10 sens.

4) Another RM16.4mil amount owed to Lotus will be set off from the proceeds of the Private placement and right issue exercises.

The remaining cash from the private placement and right issue amounting to RM34mil will mainly be used as working capital for existing businesses (wheat flour and tapioca starch businesses).
In summary, current shareholder will need to be prepare to add in another RM0.50 per share of their current investment. If let say you decide to buy KFM today at 12 sens, you will need to prepare another 50 sens later for your subscription to the right issue. So, your total investment is actually will be 62 sens.

Investors need to take note of the big potential dilution later especially if Lotus decides to convert their RCPS (worth 5 sens per unit) to KFM share which will push down the price given the steep discount. They can convert this anytime they want within the 5 years.

Another thing to take note is that the core business will still be the same. If you look at FY18 results, there is actually no finance cost being paid. So, all of this exercise would actually not improve the company’s bottom line (if business environment remain the same as 2018, then they will still be making losses). The improvement will be on the balance sheet via the elimination of debt and injection of new cash.

If you are looking to diversify your portfolio outside of Kuantan Flour Mill (due to still weak earning outlook and big potential dilution later) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.7x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV and also the newly revamp Alza in 2H19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.50.

Good luck.
16/01/2019 10:08 AM
paktua73 yes after long sleep now wake up..
paktua love earn money

tut tut
even death cat also can make money
08/03/2019 6:10 PM
jackfruit I thought KFM already disappear from bursa and suddenly appear alive. Long live KFM.
08/03/2019 7:18 PM
PM Sim quiet down.. I waiting for announcement..waiting to sell above 0.23 to make 0.10
25/03/2019 11:31 AM
Yang Addison disappear soon。。。。。
30/04/2019 10:53 AM
Yang Addison any update
21/05/2019 3:17 PM
Kasiuntung11 12 years of losses straight flush .nta negative.suprise price still at 15sen
13/10/2019 5:55 PM
Yang Addison when exit pn17 after company name change?
15/10/2019 12:39 PM
bibi_michelle i get an offer for 5 unit frm KFM. Still alive
23/10/2019 4:31 PM
Stevecheahsw R.I coming.....
30/10/2019 11:29 PM
AlfI3 Low volume traded during past mths miking it unattractive to bet on d rights. Close shp
01/11/2019 9:30 AM


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