Posted by zhangliang > 2020-04-30 22:19 | Report Abuse

Essentials like ‘tis shud do well & sustain eitherwise no other industry can survive

Posted by Steve Ooi > 2020-05-03 00:07 | Report Abuse

CAB prospect
"the management will undertake measures to minimize the adverse impact from
this fallout although the prospect of the Group’s business in the coming months is not expected to be favourable."

CAB poultry business 2.5 time bigger than Dindings poultry, based on last quarter CAB make loss after tax of RM7.8mil, but Dindings incur an operation losses of RM 24.7 mil(this is yet include finance interest).

What do you think if Dindings book in its entire CAPEX coming quarter? What will the bottom line looks like? I'm pretty sure the processing plant are yet to be capitalize as at 4th quarter 2019.

The flour side Malaysia operation achieve very lean profit margin.
Base on the annual report, 2019 PAT all come from Vietnam
(Vietnam profit-Malaysia-Indo=RM43mil).

Better stay away, I was asking people stay away since April 2019 when the price at RM0.80-RM0.82. You can check back my previous comment.

Posted by Alfonso > 2020-05-04 10:27 | Report Abuse

their nugget not delicious leh

Posted by zhangliang > 2020-05-05 18:36 | Report Abuse

I am not sure about the taste but I noe wheat price fall to record low. Grain, corn, soy also. If wheat price fall, cost fall hence margin higher. Plus Flour is essential and Mflour continued operations during MCO.

Posted by shazza > 2020-05-06 09:54 | Report Abuse

Waiting and waiting, looks like little prospect to get to its old 70s range - forever.Cut loss and move elsewhere?

Posted by Rinshad26 > 2020-05-12 23:27 | Report Abuse

go mflour

Posted by escanor999 > 2020-05-13 22:31 | Report Abuse

I hold 3 weeks already price never change that much also. Sien

Posted by numis71 > 2020-05-15 11:22 | Report Abuse

It's show time!!

Posted by Rinshad26 > 2020-05-15 11:56 | Report Abuse

haha can make kueh muih today

Posted by escanor999 > 2020-05-15 12:15 | Report Abuse

FINALLY ! TIME TO MOVE UP

Posted by Money122 > 2020-05-15 13:17 | Report Abuse

Maybe good result in next QR?

Posted by super_newbie > 2020-05-15 14:34 | Report Abuse

Definitely good results for next qr with expected of MCO and Raya sales.

Posted by EngineeringProfit > 2020-05-15 16:28 | Report Abuse

SBB soon....huat ar

Posted by PresidentRotiCanai > 2020-05-15 17:22 | Report Abuse

Wah, QR result so bad to trap those chase high today. Gg

Posted by newbie0718 > 2020-05-15 17:22 | Report Abuse

Omg...regret for not selling today....what a xxx qr

Posted by newbie0718 > 2020-05-15 17:28 | Report Abuse

Gone...bye bye for this year....good luvk

Posted by EatCoconutCanWin > 2020-05-15 17:40 | Report Abuse

result as expected. dont worry, EPF holding more.

Posted by sapurakencana > 2020-05-15 17:49 | Report Abuse

Due to the uncertain impact of the COVID-19 pandemic on the world and domestic economic environment, volatile commodities prices and
foreign exchange, the Board is unable to provide a clear indication on the Group’s performance in 2020 at this moment.

Posted by ivanlau > 2020-05-15 17:51 | Report Abuse

this is one of the stoxkpxck2u stock....... good luck for their members........

Posted by stncws > 2020-05-15 18:18 | Report Abuse

monday selldown is good opportunities for slight rebound....

Posted by Lukesharewalker > 2020-05-15 19:57 | Report Abuse

Wonder why it went up.Loss....

Posted by Cheong88 > 2020-05-15 20:13 | Report Abuse

https://www.theedgemarkets.com/article/malayan-flour-mills-sinks-losses-1q-pandemic-affects-its-poultry-business

Posted by Lukesharewalker > 2020-05-15 20:19 | Report Abuse

Guess this would be the gauge for all poultry stocks. Underestimated the closures of commercial restaurants impact

Posted by Steve Ooi > 2020-05-15 22:00 | Report Abuse

Jadi roti canai sekarang.

Give you guys another hint why Dinding can't compete with Leong Hup, CAB and Huat Lai, because of "PRICE". As I mention year or two ago, Dinding poultry product breakeven price is about RM4.20, if the live bird price is below RM4.50 Mflour poultry sector is making losses.
As simple as that.

Steve Ooi

Apr 21, 2020 2:11 AM | Report Abuse

Mflour suffer huge losses from its poultry business, new processing plant is live, depreciation is on, no demand for its product.

Mar 19, 2020 8:00 AM | Report Abuse

The same advice from me, stay away from this counter, coming quarter is worst than previous quarter due to additional capex book in. My feeling tell me so as most company practice to capitalize their asset 1st or 2nd quarter since it's not capitalize in 4th quarter 2019.
15/05/2020 9:41 PM

Posted by apolloang > 2020-05-15 22:09 | Report Abuse

post losses but stock price up pula,apa ini?

Posted by hooi > 2020-05-15 22:12 | Report Abuse

expand at the wrong timing . now nobody want to eat inside restaurant sell .

Posted by Money122 > 2020-05-16 08:22 | Report Abuse

Wheat price going down....good to mflour margin!!

Posted by newbie0718 > 2020-05-16 09:02 | Report Abuse

flour and grain business are still good.....collect at low and aim for rebound...

Posted by dasm1284 > 2020-05-16 10:41 | Report Abuse

is something brewing? MSM also up significantly - mflour follow too

Posted by Alex5199 > 2020-05-16 14:01 | Report Abuse

Quarter result out! Green change to red! Better run run run

Posted by idunwork > 2020-05-16 15:57 | Report Abuse

Chicken price up..
https://www.sinchew.com.my/content/content_2272717.html

Posted by dasm1284 > 2020-05-16 16:01 | Report Abuse

from AmResearch report in Feb2020:
Earnings of the flour division climbed by 74.0% to RM114.7mil in FY19 from RM65.9mil in FY18 on the back of higher selling prices of non-GP (general purpose) flour products. EBIT margin was 5.7% in FY19 against 3.7% in FY18. About 95% of MFM’s flour products comprise nonGP flour products.

dividend yield 5-6% at current level (based on 3 sen dividend in Fy19)

Posted by chinooo > 2020-05-16 23:05 | Report Abuse

Last month live chicken price is at RM4.50 and they depreciate their biological asset for 8million, now chicken price back to RM7.00. I wonder how much they will evaluate back their asset for next QR?

Posted by dasm1284 > 2020-05-17 00:52 | Report Abuse

yes chinoo - impairment loss, depreciation of asset and foreign exchange loss quite a lot, flour business is ok, poultry still making loss..... see how Q2 goes....

the thing is their flour business have been covering most of the losses from poultry. They ventured in poultry sector in recent years but managed to be the supplier for McDonald and Texas Chicken. not bad right. Fast food franchise have been also opening throughout MCO period.

If I were to choose a semi-poultry company that is going to weather through this period, Mflour is my top choice. But who knows stock price could fly up like LCTitan after a poor result. hehe

Posted by dasm1284 > 2020-05-17 01:14 | Report Abuse

Mflour already depreciate their chickens stock for RM8mil, chicken price was rm5.xx, if later chicken price back to rm7++, they should report RM8mil or more profit next QR!

Posted by stncws > 2020-05-17 01:19 | Report Abuse

poutry business oledi 30 years biz started 1995

Posted by Jeffreyteck > 2020-05-17 11:54 | Report Abuse

Hope is always better then hopeless.

Posted by stncws > 2020-05-17 11:56 | Report Abuse

buy more...some share price wont affected one!..in long run sure win..flour biz..

Posted by KLCI King > 2020-05-17 13:58 | Report Abuse

Ha, with the “RED” result out, many faces turn “GREEN”

Posted by escanor999 > 2020-05-17 18:56 | Report Abuse

Can any experience traders here know why prices went up despite the Q1 bad results? So confusing. So should we sell on Monday or not

Posted by birkincollector > 2020-05-17 19:55 | Report Abuse

tricky.....bad results but news reported now chicken very in demand til price shoot up almost 100%......so let see

Posted by Pokem0n > 2020-05-17 20:16 | Report Abuse

https://www.thestar.com.my/metro/metro-news/2020/05/15/price-hike-is-no-chicken-feed

Posted by James Ng > 2020-05-17 21:24 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-05-17-story-h1507086907.jsp
[转贴] [Facebook live video:浅谈Malayan Flour mills bhd (MFlour)] - James的股票投资James Share Investing

Posted by dasm1284 > 2020-05-17 23:24 | Report Abuse

@escanor999 - simple. because stock market looks ahead. higher chicken price boils well for the company's poultry business, flour demand should be high too . QR report is backdated (end Mar 2020)

Posted by snwong13 > 2020-05-18 06:43 | Report Abuse

.
For those who cannot understand the business impact of covid-19 pandemic, move your savings to FD to earn some interest while maintaining your capital.
Equity markets bounced to report some losses during MCO accept those pandemic driven stocks like Top Glove.
The coming quarters results that count!
Good Luck!

Posted by Melvin Chang > 2020-05-19 12:04 | Report Abuse

0.48 fair price to collect

Posted by Money122 > 2020-05-19 21:22 | Report Abuse

Due to QR loss result..I think the price may continue to go down trend..

Posted by dusti > 2020-05-20 11:12 | Report Abuse

Check it out @ <45sen

Posted by Armageddon > 2020-05-20 16:41 | Report Abuse

Mflour look like other goreng going to happen soon! Raya ang pow coming!!!

Posted by Jumpman > 2020-05-21 14:37 | Report Abuse

i am waiting also