Posted by idunwork > 2022-11-21 14:05 | Report Abuse

Glad that i have accumulated enough of MFLOUR. Hope to see rm1 soon.

Posted by Damien0111 > 2022-11-21 14:55 | Report Abuse

Malayan Flour Mills Bhd (MFM) expects to remain profitable for the current financial year but anticipates challenges in the remaining months of 2022 amid macro uncertainties.

In a filing with Bursa Malaysia, the poultry processor and flour mills operator said the prices of wheat are expected to stay elevated into 2023 due to global weather challenges, even as some commodity prices are beginning to stabilise.

Posted by Damien0111 > 2022-11-21 14:55 | Report Abuse

"Going forward, the flour milling business will continue to sustain our earnings, while the poultry integration segment is expected to enhance profit contribution to MFM as we accelerate the capacity utilisation at our primary processing plant," said executive deputy chairman Teh Wee Chye in a statement.

In the third quarter ended Sept 30, 2022, MFM said net profit was RM46.21mil, bounding higher from a net profit of RM3.91mil in the previous corresponding quarter, due mainly to the improving operations of the group’s poultry integration (PI) segment.

"The PI segment, operated by the joint venture (JV) company with Tyson Foods, delivered an improved financial performance in 3Q22, after turning around only in the preceding quarter. The segment’s share of profit from its 51% equity stake came in at RM19.1mil, versus a share of loss of RM13.9mil last year,

Posted by Lukesharewalker > 2022-11-21 15:20 | Report Abuse

Funny. Cash dropped substantially

Posted by bowman > 2022-11-22 09:06 | Report Abuse

Now it is worth at least 70sen

Posted by Hitman > 2022-11-24 19:07 | Report Abuse

RM1 coming

Posted by c2k9791 > 2022-11-27 11:22 | Report Abuse

Poultry feed selling price will be increase next year. Most likely revenue for this year will break new high. Hope the profit goes well also.

Posted by 777777 > 2022-11-29 13:34 | Report Abuse

good

Posted by 777777 > 2022-11-29 13:43 | Report Abuse

upward trend, will hit .80 sen soon

Posted by idunwork > 2022-11-29 14:55 | Report Abuse

Momentum is picking up

Posted by 777777 > 2022-11-29 15:10 | Report Abuse

MA25-MA5 chart still parallel upward, will be bullish for at least 1 week by expert analysis.

Posted by 777777 > 2022-11-29 16:05 | Report Abuse

now @.77. very aggressive buying

Posted by bowman > 2022-11-30 10:43 | Report Abuse

Unsustainable - too hot

Posted by JP01 > 2022-11-30 16:08 | Report Abuse

Music stop?

Posted by 777777 > 2022-11-30 21:00 | Report Abuse

let's see whether tomorrow will be another uptrend to collect profit.

Posted by Noni > 2022-12-01 09:13 | Report Abuse

Common, pump it up one more level

Posted by idunwork > 2022-12-01 16:21 | Report Abuse

Climbed up too fast. Hard to tell its taking a breather or sliding down.

Posted by JP01 > 2022-12-02 10:52 | Report Abuse

Technically to hold it will break 1.

Posted by idunwork > 2022-12-02 15:32 | Report Abuse

I also sold half. Happy with over 40% gain.

Posted by c2k9791 > 2022-12-04 22:39 | Report Abuse

@777777 You banyak pandai mai share...

Posted by 777777 > 2022-12-05 09:37 | Report Abuse

@c2k9791 tak dah, perlu duit

Posted by bowman > 2022-12-06 09:19 | Report Abuse

Foreigners selling - that's why dropping

Posted by JP01 > 2022-12-06 22:14 | Report Abuse

It just the beginning

Posted by LiTech > 2022-12-08 08:37 | Report Abuse

seen many time mflour went up slightly and being dump like no tomorrow. Guess it will happen again this time

Posted by bowman > 2022-12-09 10:32 | Report Abuse

Dead cat's bounce - be careful. Bullishness over extended

Posted by idunwork > 2022-12-09 18:44 | Report Abuse

Mflour keeps bouncing back from the dips. Its a good 10%+ play.

Posted by LiTech > 2022-12-19 08:18 | Report Abuse

Weak management so likely to see dumping more than strengthening.

Posted by bowman > 2022-12-22 09:36 | Report Abuse

0.75 level strong support. Anything above is still sketchy. Still room to go under

Posted by idunwork > 2022-12-22 15:47 | Report Abuse

Its running out of steam

Posted by bowman > 2022-12-27 09:36 | Report Abuse

Steer clear first. If it drops below 0.75, next level of reasonable support will be 0.685

Posted by idunwork > 2 months ago | Report Abuse

Luckly sold all above 80 cents

Posted by LiTech > 2 months ago | Report Abuse

See what i mean? Don't get trapped by mflour slight upward movement. You can study this stock price trends and you would avoid such company. Don't expect to see anything good from this counter

Posted by 777777 > 2 months ago | Report Abuse

i sold @.795- cannot be greedy. If you can make a few thousands, let go and buy other stocks as there are so many stocks that have the potential to make profit.

Posted by 777777 > 2 months ago | Report Abuse

waiting for the outcome of-MyCC Gives Final Time Extension to Leong Hup, PPB and MFM in Alleged Poultry Feed Price-fixing Case. Then will buy again MFM

Posted by idunwork > 2 months ago | Report Abuse

Wheat price is going up

Posted by Penang123 > 2 months ago | Report Abuse

<60 cents coming soon !!!

Posted by Noni > 2 months ago | Report Abuse

Cost is going up and share price also up

Posted by kulimkia > 1 month ago | Report Abuse

it's all fine

Posted by JP01 > 1 month ago | Report Abuse

0.85 coming

Posted by Michael Kwok > 1 month ago | Report Abuse

Sell call 90 cents range
Price 82 cents
8/2/23 4.18pm

Posted by idunwork > 1 month ago | Report Abuse

Wheat price is going up due to crop failure in China

Posted by 777777 > 1 month ago | Report Abuse

some of our wheat comes from Turkey as well. wait to see if MFlour share will go up strongly in June when eggs price is subject to supply and demand

Posted by hng33 > 2 weeks ago | Report Abuse

bought mflour at 79.5sen

Posted by bowman > 1 week ago | Report Abuse

LayHong, TeoSeng, CAB, all up in readiness of poultry and egg price float. MFlour next?

Posted by thesteward > 1 week ago | Report Abuse

Nice

Posted by hng33 > 6 days ago | Report Abuse

cut mflour at 75.5-76sen, offset partly by entitlement dividend 1.5sen, focus on gold stock

Posted by hng33 > 3 days ago | Report Abuse

bought back mflour at 77.5-78sen

Posted by hng33 > 3 days ago | Report Abuse

Chicken and egg price not only increase locally, but also globally like in US, UK, taiwan etc. Feedstock cost like soya, corn, wheat are ease off and normalize back but selling price remain elevated. US currency also on weakness, further reduce import cost, boosting up profit margin. Ceiling price will be lifted in next 2 month, selling price will base on market demand

Posted by bowman > 18 hours ago | Report Abuse

Short MA already ready to cut over Long MA, signs of increasing bullishness. TP1: 0.81 with resistances at 0.83, 0.86. Breaking the final one will confirm bullishness is back

Posted by hng33 > 18 hours ago | Report Abuse

Inflation - food price hike - chicken and egg