Posted by UnicornP > 2019-04-29 10:47 | Report Abuse

Everywhere prices are falling. Can't help.

Posted by UnicornP > 2019-04-30 10:02 | Report Abuse

Today 0.75 should be fixed support.

Posted by UnicornP > 2019-04-30 10:39 | Report Abuse

Back to bottom.

Posted by Trouble Huat > 2019-05-01 20:57 | Report Abuse

new high is coming.

Posted by sell > 2019-05-01 21:29 | Report Abuse

Loan stock 50 sen. 75 can sell for 25 sen profit?

Posted by sell > 2019-05-01 21:30 | Report Abuse

30-Apr-2019 Additional Listing Conversion of Loan Stocks - 583,400 shares at 0.500.

Posted by Lauyw > 2019-05-02 19:35 | Report Abuse

Chief financial officer buy 0.74 ,I think during the qr sure excellent for last qr. Now 0.735 is double bottom.

Posted by UnicornP > 2019-05-02 21:17 | Report Abuse

Wait volume <4m

Posted by cheoky > 2019-05-03 11:04 | Report Abuse

follow cfo.

Posted by wgan88 > 2019-05-03 11:18 | Report Abuse

wow, must top up some now follow cfo. Cheers.

Posted by wgan88 > 2019-05-03 11:36 | Report Abuse

some more chicken price is at recovery (up trend), follow by coming Hari Raya. Cheers.

Posted by Steve Ooi > 2019-05-03 18:55 | Report Abuse

chicken price stagnant at 4.10 for past 5 days.
No sign of chicken price hike, I wonder how well flour division doing.

Posted by cheoky > 2019-05-03 19:37 | Report Abuse

No need do better. Absent of adverse effect in Indo operation +absent of bird fly. Plus growth+inflow of cash from right issue. Price still stuck at rm750mil cap.

Posted by BURSAMASTER > 2019-05-03 20:36 | Report Abuse

Expect it to break 0.80 next week

Posted by chl1989 > 2019-05-03 23:13 | Report Abuse

90c next week :)

Posted by probability > 2019-05-04 15:18 | Report Abuse

China’s African swine fever outbreak and US trade war combine to create perfect storm for Chinese economy

Beijing placed 50-70 per cent tariffs on US pork imports to punish farm states that support US President Donald Trump

But with African swine fever threatening 200 million pigs, the biggest consumer of pork in the world is facing a shortage as demand and prices rise

https://www.scmp.com/economy/global-economy/article/3008729/chinas-african-swine-fever-outbreak-and-us-trade-war-combine

Posted by probability > 2019-05-04 15:29 | Report Abuse

China chicken prices jump on supply shortage as consumers swap poultry for pricey pork

China is suffering from a shortage of chickens even as African swine fever kills off the pig supply, causing pork prices to soar

Chicken imports from the US and France have been banned in China since 2016 because of a bird flu outbreak

https://www.scmp.com/economy/china-economy/article/3007912/china-chicken-prices-jump-supply-shortage-consumers-swap

Posted by newbie911 > 2019-05-04 16:37 | Report Abuse

Malaysian chicken can export to china?

Posted by UnicornP > 2019-05-04 16:48 | Report Abuse

You guys focus too much on the chicken and missed the most important catalyst, the continuing decline of wheat price.

Posted by Steve Ooi > 2019-05-04 16:53 | Report Abuse

it's Malaysia market forces determine the price of chicken.
When demand lesser than Supply, chicken price will drop. When festive come CNY/Hari Raya, chick price will surge. China chicken price jump doesn't affect MFlour at all because MFlour poultry solely carter for Malaysia market and no export for its poultry product. Their clientele are those KFC, MCD, RAMLY.
Chicken price still remain at 4.10 despite busy month for Ramadhan.

Posted by slts > 2019-05-04 17:36 | Report Abuse

mflour revenue 70% flour n 30% chicks
a weak flour price has more impact than chicks prices

Posted by Steve Ooi > 2019-05-04 17:42 | Report Abuse

You are definitely right, wheat price drop perhaps is good thing most of small flour mills as lower raw mat costs but appreciate of USD against RM already offset it. Most of the wheat they source is from US, currency in used is USD.

Your can always buy at cheaper price with lower grade wheat, higher grade wheat always sell at higher price. There are different grade/type of wheat my friend, if you want a better quality flour, you have to pay more. In order to produce good quality flour, need buy good quality wheat lohh. Perhaps, you guys can go to super/hyper market and find MFM brand flour which sell at around RM 4/pack/kg, expensive/premium?

Why all looking so much at chicken price is because 2016 Mflour able to deliver a great result is contributed from poultry. This does't mean flour business not doing well, but flour business stagnant and no growth factor besides Indonesia.To recap, when live bird price was RM 6.10 Mflour operation profit >RM 15mil back in Qtr 3 2016, But live bird price drop to range between 2.90-4.10in April 2019, I'm pretty sure poultry is loss making.

UnicornP You guys focus too much on the chicken and missed the most important catalyst, the continuing decline of wheat price.

Ooi

Posted by Connie555 > 2019-05-04 18:54 | Report Abuse

Bravo my fren Steve Ooi, i have been benefit so much from him since Lctitan closure of factory maintainence. He really chun chun call, way before factory close he already ask me to sell it, luckily save my pocket frm burning another 400K

Posted by Steve Ooi > 2019-05-04 19:31 | Report Abuse

hi connie hows your takaful doing, fong say will probably worth 8-9. Perhaps bimb-wa more potential.

Posted by UnicornP > 2019-05-04 20:50 | Report Abuse

Directors already said Group's performance will improve significantly in 2019 and that the flour and grains trading segment's performance will improve further due to higher sales growth. You believe Mflour directors or the unknown Steve Ooi? You choose.

Posted by Steve Ooi > 2019-05-04 21:43 | Report Abuse

UnicornP
I dint ask you to believe me, and ask you to sell. The market choose to buy or sell is beyond my control nor you.
As a group view, Mflour still making profit for quarter 1.

Grain business not making money since last year due to new comer.

Posted by UnicornP > 2019-05-04 21:51 | Report Abuse

So Steve Ooi, did you lose a lot in Mflour last time? Why are you so immersed in Mflour even though you're so negative on it?

Posted by Steve Ooi > 2019-05-04 23:48 | Report Abuse

Haha, my entry price below 50c and bought LA at below 1buck. Release all in early April, earn some kopi o tips loh.

Posted by UnicornP > 2019-05-04 23:51 | Report Abuse

Good la. Be thankful to Mflour you made easy money.

Posted by KPH5328 > 2019-05-06 08:24 | Report Abuse

Coming quarter, Jan to Mar live bird average price about RM5
http://www.dvs.gov.my/index.php/pages/view/2157

Posted by UnicornP > 2019-05-06 16:34 | Report Abuse

Kesian Mflour.. Nvm I will accompany you until QR out.

Posted by 624298991 > 2019-05-06 20:29 | Report Abuse

good chance to hantam...today

Posted by VINCENTpyt > 2019-05-07 15:00 | Report Abuse

What happened? Suddenly shoot up...

Posted by Huat1 > 2019-05-07 15:20 | Report Abuse

Flour and poultry seems to be a good combination...very auspicious

Posted by liang524 > 2019-05-07 15:28 | Report Abuse

mflour is a good counter

Posted by rockycleft > 2019-05-07 15:54 | Report Abuse

Day day sell Landsat

Posted by rockycleft > 2019-05-07 15:59 | Report Abuse

Malimali.............

Posted by UnicornP > 2019-05-07 16:16 | Report Abuse

Mom drops back to 2:30pm price. Son still standing high..

Posted by Investar2862 > 2019-05-08 09:24 | Report Abuse

Hmm...Still holding well in today's poor sentiment
Very good!

Posted by Lioncity > 2019-05-08 09:37 | Report Abuse

Not sure does it relate or not, yesterday surge could be due to Leonghup IPO result oversubscribed, could be spillover effect.

Posted by investi3i4i5 > 2019-05-08 09:39 | Report Abuse

cutloss in this morning..

Posted by chl1989 > 2019-05-08 10:53 | Report Abuse

cutloss? lol u will regret big time

Posted by Investar2862 > 2019-05-08 11:12 | Report Abuse

Yes, Leong Hup has bring more positive boost to all poultry related stocks in KLSE


Posted by Lioncity > May 8, 2019 9:37 AM | Report Abuse

Not sure does it relate or not, yesterday surge could be due to Leonghup IPO result oversubscribed, could be spillover effect.

Posted by investi3i4i5 > 2019-05-08 13:38 | Report Abuse

Hi leoting, what is the link above? It seems cannot be accessed..

Posted by chkhooju > 2019-05-08 14:27 | Report Abuse

Not because of LHH's listing. Mflour has its own merit. Will be reporting good QR soon.

Posted by liang524 > 2019-05-08 15:18 | Report Abuse

i am holding it untill next QR

Posted by Investar2862 > 2019-05-09 15:02 | Report Abuse

Can expect Good performance in the Poultry sector?

KUALA LUMPUR: Teo Seng Capital Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png
net profit and revenue jumped in the first quarter ended March 31, 2019, boosted by its poultry farming business.
Read more at https://www.thestar.com.my/business/business-news/2019/05/09/teo-seng-capital-q1-net-profit-jumps-234pct-to-rm22m/#Uw0SUUG1Xy5WSA51.99

Posted by keyin > 2019-05-09 19:40 | Report Abuse

So, is good lo?

Posted by UnicornP > 2019-05-10 11:41 | Report Abuse

At least 735-740 bottom is not seen..

Posted by UnicornP > 2019-05-10 14:00 | Report Abuse

Dey, now the USD too high.