Posted by puntters > 2019-03-13 19:58 | Report Abuse

Today warrants price closed at 0.395 + warrant exercise price 0.68 = 1.075

The share price when move to 1.00 the warrants will correspondingly go up. Bear in mind that the warrants have 5 years tenure and I don't think the company will only worth RM1.00 considering there is a solid grow in its fundamental businesses.

Posted by moneykj > 2019-03-14 00:22 | Report Abuse

This counter up so much ready.
Lai lai Redtone tomorrow morning.
Johor Sultan team up with VT to goreng. Results play still have 50% upside. If they put in Umobile for backdoor listing play, sky is the limit.

Posted by puntters > 2019-03-14 08:20 | Report Abuse

This is just the beginning. We will see how the share price and it's warrants move over time.

Posted by banker33 > 2019-03-14 08:30 | Report Abuse

Today I fell the price will be going up. Let us all hope for the best to come. Remember, Amsecurities give a TP of 89 cents but I feel it could be more because the company is expending it business and possible next quarter results will be best.

Good luck to everyone.

Posted by puntters > 2019-03-14 08:47 | Report Abuse

First Quarter 2019 numbers will surely be good because:

1. Company raised RM275 mil from the right issue to repay RM200mil + bank facilities which was previously drawn down to fund its capex. Gearing already decreased.

2. Live bird price selling price increased because of festive season CNY. Everyone eat chicken during CNY finger licking good. During festive many families are believed to visit quick service restaurants eat more chicken.

3. The company production capacity for processed cut chicken has max out to more than 80k birds slaughtered a day. Huge demand for cut chicken from quick service restaurant, assumed could be McD, KFC, and other fast food restaurants.

4. NTA per share is RM0.85 and the assets will generate handsome returns.

As the Star article highlighted MFLOUR aims to be one of the largest poultry players, it is happening now. See the article link.

https://www.thestar.com.my/business/business-news/2019/03/12/mfm-aims-to-be-one-of-the-largest--poultry-players/#f0VY0ium7uJOj5wk.41

Posted by puntters > 2019-03-14 08:53 | Report Abuse

MFLOUR flour business segment is consumer products. Its poultry segment is also consumer products. Malaysian need to makan everyday to live such as roti canai, bakery bread, chicken all are daily food consumption. Dont tell me Malaysian don't eat meh. Walaoweyh, die from hunger? Hahahaha... Patience is the key to success. Interim dividend payout on 29 March

Posted by Investar2862 > 2019-03-14 09:53 | Report Abuse

Yes, MFlour...just stay invested in this important food business company - largest in its field.

To cover East Malaysia territory, invest in CCK

Posted by puntters > 2019-03-14 09:55 | Report Abuse

amboi... sarawak play... CCK will never be like Naim, Dayang, PEnergy and Perdana style of up trend. hahahaa...

Posted by puntters > 2019-03-14 10:22 | Report Abuse

slowly but steadily moving up haha... sweet counter... the drop yesterday doesn't appear to be drastic and it is moving up steadily now. slowly drawing investors to come in. Fund manager should start looking at this counter for decent annual dividend a year.

Posted by cybergreen > 2019-03-14 10:31 | Report Abuse

yes, today mark as reversal. and congrats to those who buy this morning. let aim for 90c at least.

Posted by puntters > 2019-03-14 10:40 | Report Abuse

engine started..tak kan terbabas sebab kadang kadang laju, kadang kadang steady maintaining speed. bukan cam roller coaster heart attack bahaya. Ini lah yang kita terma kuat, resilient and solid. founder of the company focus on biz. Dlm jangka pendek 1 minggu akan jadi darling in the share market. insyallah...

Posted by cybergreen > 2019-03-14 10:49 | Report Abuse

come and join the rise. gogogo.

Posted by Superb99 > 2019-03-14 11:24 | Report Abuse

BTW 0.745 to 0.785, in a box now

Posted by puntters > 2019-03-14 11:26 | Report Abuse

in KFC value meal box kah? haha

Posted by Superb99 > 2019-03-14 11:32 | Report Abuse

Still adj... Yoyo

Posted by puntters > 2019-03-14 11:43 | Report Abuse

by now should have finished adjust and consolidated. Nok tunggu apa lagi?

Posted by cybergreen > 2019-03-14 11:45 | Report Abuse

hmmm...stilll many profits taking. down is oppurtunity.

Posted by puntters > 2019-03-14 11:54 | Report Abuse

collection time... yummy...

Posted by cccc > 2019-03-14 14:13 | Report Abuse

Two continuous quarter results with 5.84c and 7.50c. LTKM met KYY golden rule, with potential upside more than 100%.

LTKM — An undervalued poultry stock
https://klse.i3investor.com/blogs/ekorharimau/197163.jsp

Posted by cccc > 2019-03-14 15:00 | Report Abuse

Just buy LTKM, current price for LTKM RM1.25 only. Potential upside should be very huge, more than 100%.

Posted by puntters > 2019-03-14 15:07 | Report Abuse

MFLOUR is way cheaper than LTKM. It's only RM0.76/RM0.77 with even better returns because the price is lower as compare to LTKM (RM1.25)

Posted by puntters > 2019-03-14 15:13 | Report Abuse

LTKM volume traded is only in ten of thousands.

MFLOUR volume trading is at hundreds of thousands.

That explained the difference :)

Posted by KPH5328 > 2019-03-14 15:23 | Report Abuse

Live bird price has came down from RM5.50 to RM4.60/kg since 22ndFeb, RM4.20 on 8thMar
http://www.dvs.gov.my/index.php/pages/view/2157
--------------------------------------
puntters First Quarter 2019 numbers will surely be good because:

2. Live bird price selling price increased because of festive season CNY. Everyone eat chicken during CNY finger licking good. During festive many families are believed to visit quick service restaurants eat more chicken.

Posted by puntters > 2019-03-14 15:37 | Report Abuse

If the company gradually decrease the sale of its live bird and channel their live birds for their own production for processed cut chicken, I believe the processed cut chicken selling price is higher and stable. Hence, able to achieve better margin for its poultry business.

Posted by Superb99 > 2019-03-14 16:02 | Report Abuse

pls chase away ikan bilis then fly again....

Posted by UnicornP > 2019-03-14 16:17 | Report Abuse

The 10am rise is to lure anymore panic buyers into it and trap them again by pressing down again. These panic buyers are 100% not long term holders because they chased high for quick gain. Operator will do a few more this fake rise until they are sure no more opportunistic buyers interested then only will sincere buy.

Posted by puntters > 2019-03-14 16:47 | Report Abuse

like i have said, patience is the key for success.

It's not worth it to invest something short term being stressful everyday. A proper investment is to invest, hold and see how the company perform on quarterly basis. As simple as ABC.

When everyone is now chasing Dayang, Naim, Perdana and PEnergy, do they really understand the financial conditions of these companies or just merely buy and sell for quick contra gain?

Investment should come with fundamental readings and technical analysis to make a sound investment decisions.

Posted by banker33 > 2019-03-14 17:12 | Report Abuse

UnicornP The 10am rise is to lure anymore panic buyers into it and trap them again by pressing down again. These panic buyers are 100% not long term holders because they chased high for quick gain. Operator will do a few more this fake rise until they are sure no more opportunistic buyers interested then only will sincere buy.
14/03/2019 16:17

Yes UnicornP, you got a point here. Yes, there are many want-to-get-rich-fast kakis here. Drive them away and all will be safe it seeing it rises to 89 cents target.

Posted by banker33 > 2019-03-14 17:13 | Report Abuse

puntters like i have said, patience is the key for success.

Yes, patience, worth waiting for it to become better.

Posted by cybergreen > 2019-03-14 18:08 | Report Abuse

Mflour so far so good. After profits taking and ppl cutloss still can closed at 76c.

Posted by puntters > 2019-03-14 18:15 | Report Abuse

Why want to profit take when there is a clear potential in this company? Unless there are some sold for profit takings to chase Naim and Perdana instead? hahahaha..... if it is so, this is gamble not investment hahaha...

Posted by SuperPanda > 2019-03-14 20:03 | Report Abuse

just ensure the birds dont get flu, others will be doing well... and after raya sure will reach rm1

Posted by SuperPanda > 2019-03-14 20:05 | Report Abuse

if not bcoz o&g very cheap to play, im sure will play here.. below 70 will go in

Posted by nckcm > 2019-03-14 20:14 | Report Abuse

Super panda i suggest u buy layhong better. Their chicken in maturity 6 months prior to their case of chicken dying to disease . Next QR should be decent for layhong

Posted by Kc Teh > 2019-03-14 20:44 | Report Abuse

today queue sell 0.77 amazing matched. have a feeling that 0.74 support will not hold.

Posted by SDR245 > 2019-03-14 21:41 | Report Abuse

0.70- 0.73 good entry. Sure up .

Posted by Superb99 > 2019-03-15 06:27 | Report Abuse

Still got room to move up, gogogo

Posted by Engteng9688 > 2019-03-15 07:28 | Report Abuse

Today up rm0.88 is good news!!

Posted by Bull > 2019-03-15 07:36 | Report Abuse

Little jobs from Oil & Gas?

That was then

Every O&G entities suffered like carimin, dayang & penergy included

2014 when Brent crude fell to USD27 was horrible for all Oil and Gas Industries without fail

In Singapore Ezra, Swirebor & even Hyflux got into trouble with low prices

Sumatech, Perisai now almost bankrupt. Alam, Barakah, Perdana, Barakah (This barakah I called their head office to check on their status - evasive and no reply. Better sell barakah!!), daya & so many insolvent

DESTINI HAS EMERGED STRONG.

SO NOW IS TIME FOR EARNINGS, EARNINGS & EARNINGS

See this year of year for O&G

DESTINI SECURED FRESH JOB AWARDS


http://www.bursamalaysia.com/market/listed-companies/company-announcem...


LISTEN VERY VERY CAREFFULLY TO MY TITLE

IF DEBT SADDLED PERDANA CAN GO LIMIT UP CALVIN THINKS DESTINI CAN GO DOUBLE LIMIT UP, Calvin Tan Research

THE GIST OF MY EMPHASIS IS THIS

MR. MARKET CAN CHASE PERDANA WITH HORRIBLE DEBT INTO LIMIT UP!!!

I SEE THE POSSIBILITY DESTINI WITH SUCH CLEAN BUSINESS & PROSPECT SHOULD GO DOUBLE LIMIT UP IN COMPARISON!!!

WE ARE IN OIL & GAS BULL MARKET NOW!!

THIS IS NO ORDINARY TIMES!!!

READ AGAIN

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/197937.jsp

Posted by cybergreen > 2019-03-15 08:11 | Report Abuse

lol O&G ppl come again. Here is flour not Oil... today pls fly over oils.. hehe

Posted by banker33 > 2019-03-15 08:15 | Report Abuse

cybergreen lol O&G ppl come again. Here is flour not Oil... today pls fly over oils.. hehe
15/03/2019 08:11


cybergreen, today up and up away beautifully.

Posted by cybergreen > 2019-03-15 08:19 | Report Abuse

today 79c and monday 81c? gogogoggo.

Posted by Engteng9688 > 2019-03-15 08:19 | Report Abuse

Kyy recommend investment to MFLOUR !!

Posted by banker33 > 2019-03-15 08:23 | Report Abuse

cybergreen today 79c and monday 81c? gogogoggo.
15/03/2019 08:19

This will be great cybergreen

Posted by UnicornP > 2019-03-15 11:25 | Report Abuse

Rest until April.

Posted by Kc Teh > 2019-03-15 11:29 | Report Abuse

expected 0.74 cant hold soon. prepare queue at 0.6x

Posted by cybergreen > 2019-03-15 11:52 | Report Abuse

haiz.. cutloss first.

Posted by wgan88 > 2019-03-15 12:20 | Report Abuse

Not many willing to sell lower....

Posted by samyew1234 > 2019-03-15 13:00 | Report Abuse

sell, back to 55 cents

Posted by Huat1 > 2019-03-15 14:37 | Report Abuse

Investment bank recommended their clients to take profit...
I choose to accumulate at this GOOD price level. Already retraced 50% Fibonacci at 0.735