https://youtu.be/CkfBqGl_doI

https://www.theedgemarkets.com/article/malayan-flour-mills-eyeing-global-poultry-supply-chain

Rakuten Trade
Technical View: MFLOUR (3662)

Yesterday’s price action indicates renewed buying interest on the stock as it formed a positive
candle after a short period of consolidation from a high of RM1.06. With key indicator RSI pointing upwards, buying force is likely to persist and possibly to form a breakout.

Very detailed write up on the Edge Weekly today

Dindings can easily expand its broilers farming and it has ample spare processing capacity ... it’s major weakness was its marketing expansion. With Tyson on board, there’s a ready demand for chicken meats

Q4 report should be out anytime soon... hopefully, the results is better than Q3, to confirm that it’s has fully recovered from the negative impact of the pandemic and the business on the uptrend

At 0.985 or mkt cap of 998m, Mflour shares are grossly under valued... based on Tyson's acquisition of 49% of Dindings for 420m, just a single subsidiary of Mflour is already valued at 857m.

Going forward, Tyson will buy processed chicken from Dindings... 40mil birds per annum and growing. Dindings will benefit from the economies of scale and their new plant in Lumut will be fully utilized

Correct me if I’m wrong... if 49% of DSSB is worth RM420m, then its valuation is RM857m or RM0.85 per Mflour share