MALAYAN FLOUR MILLS BHD

KLSE (MYR): MFLOUR (3662)

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Last Price

0.635

Today's Change

-0.01 (1.55%)

Day's Change

0.63 - 0.645

Trading Volume

721,300


21 people like this.

7,044 comment(s). Last comment by Lukesharewalker 3 hours ago

Posted by Lukesharewalker > 2 months ago | Report Abuse

Understood there's hedging but how much and how far ahead? What about future production?

Posted by wallstreetrookie > 2 months ago | Report Abuse

Malayan Flour Mill Berhad upgraded to Overweight

With a medium term price target of RM0.80

nicholas99

5,859 posts

Posted by nicholas99 > 2 months ago | Report Abuse

Lukesharewalker think big factory like mflour buy wheat today for tomorrow usage. HAHA. newbie ?

nicholas99

5,859 posts

Posted by nicholas99 > 2 months ago | Report Abuse

And Russia move in on Ukraine on 24th Feb. Then 28th Feb Mflour declare dividend. If Mflour feels there is risk, they will keep the extra money to themselves.

I would bank on Mflour feel their wheat inventory is enough, and risk is small.

Posted by Lukesharewalker > 2 months ago | Report Abuse

You think the hedge is for a year?

Posted by Lukesharewalker > 2 months ago | Report Abuse

I bet the volume will disappear in a day or two...

Posted by Lukesharewalker > 2 months ago | Report Abuse

Wheat is 390 today. Question is the hedging still covers it?

Posted by Lukesharewalker > 2 months ago | Report Abuse

50% hedge. Management in control?

Posted by Lukesharewalker > 2 months ago | Report Abuse

Think operator left yesterday. Walls come tumbling down

Posted by Lukesharewalker > 2 months ago | Report Abuse

If wheat cross 400, I don't think management has the hindsight to hedge this...

Posted by Lukesharewalker > 2 months ago | Report Abuse

Currently the only bright side is the 2 cents dividends

Posted by Lukesharewalker > 2 months ago | Report Abuse

Potential to reverse to support at 58

Posted by Fundamental Trader > 2 months ago | Report Abuse

.
Revenue ↑ 20.2% Profit ↑ 39.1%
YoY +39.1% QoQ +514% dy 3.1%
PE 3.8 ROE 14

Posted by Lukesharewalker > 2 months ago | Report Abuse

Doubt management hedge up above 50%

Posted by Lukesharewalker > 2 months ago | Report Abuse

Think the line unlikely to pass the cost to consumers is more pertinent

Posted by Lukesharewalker > 2 months ago | Report Abuse

Wow��
Wheat is 418 now

Posted by Lukesharewalker > 2 months ago | Report Abuse

It is noteworthy that wheat makes up about 85% to 90% of the production cost for the group's flour Mills making it a challenge for it to absorb the price - PPB . The star 5 march

Posted by Lukesharewalker > 2 months ago | Report Abuse

These businesses now face the risk of incuring losses because of higher chicken feed prices namely corn, soybean and palm oil. The Star 5 March

Posted by Lukesharewalker > 2 months ago | Report Abuse

Getting worse. Wheat is now 430

Posted by Lukesharewalker > 2 months ago | Report Abuse

Danger support at 58 might not hold

freddiehero

16,633 posts

Posted by freddiehero > 2 months ago |

Post removed.Why?

Mark Goh

46 posts

Posted by Mark Goh > 2 months ago | Report Abuse

Want to compare this stock with its peers?

LVI: Food & Beverages Sector Price to EPS Peer Comparison (and economic moat)
https://klse.i3investor.com/web/blog/detail/VIE/2022-03-11-story-h1600...

Posted by Lukesharewalker > 2 months ago | Report Abuse

Likely support between 50 to 54 cents

Kevin Tam

478 posts

Posted by Kevin Tam > 1 month ago | Report Abuse

Is Wheat a controlled item in Malaysia? The popular 1 kg Mfour flour , selling for 2.90-3.00 now ??

bowman

2,393 posts

Posted by bowman > 1 month ago | Report Abuse

Settling at 0.665 at close will be good at midweek. If it breaks 0.685, it will be on firmer ground

bowman

2,393 posts

Posted by bowman > 1 month ago | Report Abuse

Can MFlour break 0.685 today?

JP01

271 posts

Posted by JP01 > 1 month ago | Report Abuse

@Vtrade Future star

Posted by Lukesharewalker > 1 month ago | Report Abuse

Capacity for poultry still has not increased. Think demand via Tyson food has not materialise.
Should be in a sweet spot once war is over.
Buy now?

Posted by Lukesharewalker > 1 week ago | Report Abuse

Looks like rebound is imminent. Selling volume not there unless operator throws supply. Could go to 63.5

hng33

17,942 posts

Posted by hng33 > 1 week ago | Report Abuse

Wheat price is soaring, mflour trading set to record windfall profit

KPH5328

81 posts

Posted by KPH5328 > 1 week ago | Report Abuse

@hng33, wheat is input to MFlour, thought it is -ve?

hng33

17,942 posts

Posted by hng33 > 1 week ago | Report Abuse

Mflour have trading flour division, inventory storage and hedge future price to profit uptrend price to protect input cost margin.

Malaysia flour price have hike since last month, cist pass through to flour user industry

hng33

17,942 posts

Posted by hng33 > 1 week ago | Report Abuse

Flour user industry like bread maker in turn hike selling price as much as 30% to end consumer -
inflation

nicholas99

5,859 posts

Posted by nicholas99 > 1 week ago | Report Abuse

cost high also can go up ka?

nicholas99

5,859 posts

Posted by nicholas99 > 1 week ago | Report Abuse

makanan is controlled items in malaysia.

vic_amat87

542 posts

Posted by vic_amat87 > 1 week ago | Report Abuse

Most of mflour revenue from flour is feom vietnam where no price control there

bowman

2,393 posts

Posted by bowman > 1 week ago | Report Abuse

"IMPORTS
In 2020, Malaysia imported $333M in Wheat, becoming the 38th largest importer of Wheat in the world. At the same year, Wheat was the 109th most imported product in Malaysia. Malaysia imports Wheat primarily from: Australia ($118M), United States ($74.3M), Ukraine ($72.3M), Canada ($38.4M), and Argentina ($14M).

The fastest growing import markets in Wheat for Malaysia between 2019 and 2020 were Ukraine ($29M), Argentina ($3.94M), and India ($1.34M)."

Since Ukraine is out, and soon India, you just see how much prices will go up as well

VTrade

1,092 posts

Posted by VTrade > 1 week ago | Report Abuse

ape kerajaan cakap ?

Posted by NoobRookie > 6 days ago | Report Abuse

Should I invest on the stock? I heard about the news but does it effects Malaysia stocks

nicholas99

5,859 posts

Posted by nicholas99 > 5 days ago | Report Abuse

On another matter, Nanta said the ministry issued an Approved Permit (AP) for the import of sugar and flour and it was still working on the details of the latest policy concerning the permit.

Prime Minister Datuk Seri Ismail Sabri Yaakob said the need for APs to import food has been revoked in a move to ensure there will be sufficient food supply in the country.

Posted by Lukesharewalker > 5 days ago | Report Abuse

Seems buying and accumulation activities seen at this level. Maybe a relevant QR coming next week?

Posted by NoobRookie > 2 days ago | Report Abuse

Mflour gonna go up or not? Does the ban will hike up this stock price

Macrullen

317 posts

Posted by Macrullen > 2 days ago | Report Abuse

Instead of consider this ban, what u really need to bet is the qr. If the next qr can achieve 30mil above net profit. It can hit 80c.

Posted by NoobRookie > 1 day ago | Report Abuse

ouh i see, thank you for the tip

Posted by NoobRookie > 1 day ago | Report Abuse

where can i see the next qr? do i need to look into the company website?

Posted by Lukesharewalker > 3 hours ago | Report Abuse

Not that bad. Both businesses still profitable

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