Posted by kasinathan > 2022-02-28 13:28 | Report Abuse

Result has been released

Posted by LADISAI > 2022-02-28 13:37 | Report Abuse

QR published , 2 Cent dividend

Posted by Lukesharewalker > 2022-02-28 15:59 | Report Abuse

Actually it's a loss isn't it?

Posted by bowman > 2022-02-28 16:12 | Report Abuse

Tomorrow should see some good movements. Anything above 0.645 and it is back in the game

Posted by SorosMalaya > 2022-02-28 16:19 | Report Abuse

ramadhan + raya coming soon , should hold this stock ahaha

Posted by Lukesharewalker > 2022-02-28 16:35 | Report Abuse

Operational loss of 11 million

Posted by Noni > 2022-02-28 17:12 | Report Abuse

Jangan tertipu....

Posted by idunwork > 2022-02-28 17:24 | Report Abuse

The operation seems ok. The fair value loss part is not easy for a layman to fully understand. Any sifu here is kind enough to give a summary ? Thanks

Posted by Lukesharewalker > 2022-02-28 17:55 | Report Abuse

As a result of provisional loss on profit guarantee....the share of discontinued operations is one off

Posted by Penang123 > 2022-02-28 20:21 | Report Abuse

70 cents is soon

Posted by hornbill > 2022-02-28 20:41 | Report Abuse

ayam business will be consolidated in joint venture no more 100% lose.

Posted by Penang123 > 2022-03-01 05:59 | Report Abuse

Net net untung or rugi? Q andY?

Posted by Lukesharewalker > 2022-03-01 10:51 | Report Abuse

Looks like there will be provision on the profit guarantee for the next 2 years..

Posted by Penang123 > 2022-03-01 12:45 | Report Abuse

Luke@ what is it mean?

Posted by chickenriceseller > 2022-03-01 15:16 | Report Abuse

wheat price naik. next q lower profits.

Posted by JP01 > 2022-03-01 15:59 | Report Abuse

Am invest predicted 137 year ago and never happened now new prediction at 1, I think 85 are more realistic.

Posted by Lukesharewalker > 2022-03-01 16:13 | Report Abuse

Wheat jumped usd 30 today or 10% compared to yesterday

Posted by Lukesharewalker > 2022-03-01 16:18 | Report Abuse

Wheat is now usd 321. Before the war it was 270

Posted by Lukesharewalker > 2022-03-01 16:20 | Report Abuse

Almost 20% increase as a result of war

Posted by Lukesharewalker > 2022-03-01 16:27 | Report Abuse

Could wipe out their margin if not pass to consumer

Posted by Lukesharewalker > 2022-03-01 16:33 | Report Abuse

Flour is a controlled item isn't it?

Posted by Lukesharewalker > 2022-03-02 00:22 | Report Abuse

Wow wheat just jumped to 347

Posted by Lukesharewalker > 2022-03-02 09:32 | Report Abuse

Through the roof?: Wheat prices could surge 50 per cent due to Ukraine crisis

Posted by Lukesharewalker > 2022-03-02 09:35 | Report Abuse

Business insider magazine

Posted by bowman > 2022-03-02 09:40 | Report Abuse

Commodity will be the new gloves. If you believe so, you dont have to worry much.

Posted by nicholas99 > 2022-03-02 13:50 | Report Abuse

could be just one off price jump.. because most likely russia is going to end this war sooner than later. every day he is burning money. which is why you do not see gold price go up quickly.

Posted by Lukesharewalker > 2022-03-02 15:56 | Report Abuse

Yes. Commodities is the future but mflour is a manufacturer not a producer

Posted by nicholas99 > 2022-03-02 16:28 | Report Abuse

manufacturer also need to have profit ma. if not, sell for loss meh? this is not government sector.. or government company.

Posted by Lukesharewalker > 2022-03-02 17:15 | Report Abuse

Flour price is controlled by the government like chicken price

Posted by Lukesharewalker > 2022-03-02 20:06 | Report Abuse

Wheat price still heading up....360 now

Posted by Lukesharewalker > 2022-03-02 21:22 | Report Abuse

Still up ...370 now

Posted by thundery > 2022-03-03 08:40 | Report Abuse

Flour is end product from Wheat, so it would have negative impact if management lost control

Posted by Lukesharewalker > 2022-03-03 09:24 | Report Abuse

Suspected operator was caught during the last run up...now goring to escape
No rational reason for price to go up

Posted by bowman > 2022-03-03 09:32 | Report Abuse

@
Lukesharewalker Suspected operator was caught during the last run up...now goring to escape
No rational reason for price to go up
Manufacturers dont buy today for tomorrow's production. They buy in advance. When price goes up, they average out. This is hedging.

Posted by Lukesharewalker > 2022-03-03 09:34 | Report Abuse

Possible goring to 68...then let it all fall down. Double top

Posted by Lukesharewalker > 2022-03-03 10:02 | Report Abuse

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

Posted by wallstreetrookie > 2022-03-03 10:54 | Report Abuse

Malayan Flour Mill Berhad upgraded to Overweight

With a medium term price target of RM0.80

Posted by nicholas99 > 2022-03-03 11:16 | Report Abuse

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

Posted by nicholas99 > 2022-03-03 11:22 | 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 > 2022-03-03 11:23 | Report Abuse

You think the hedge is for a year?

Posted by Lukesharewalker > 2022-03-03 16:43 | Report Abuse

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

Posted by Lukesharewalker > 2022-03-04 08:33 | Report Abuse

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

Posted by bowman > 2022-03-04 09:45 | Report Abuse

RHB targets breakout at MYR0.66 with TP1 MYR0.70, MYR0.75
(time frame: 2-4 weeks)

Posted by Lukesharewalker > 2022-03-04 09:59 | Report Abuse

50% hedge. Management in control?

Posted by Lukesharewalker > 2022-03-04 10:10 | Report Abuse

Think operator left yesterday. Walls come tumbling down

Posted by Lukesharewalker > 2022-03-04 10:13 | Report Abuse

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

Posted by Lukesharewalker > 2022-03-04 10:15 | Report Abuse

Currently the only bright side is the 2 cents dividends

Posted by Lukesharewalker > 2022-03-04 10:51 | Report Abuse

Potential to reverse to support at 58

Posted by Fundamental Trader > 2022-03-04 11:41 | Report Abuse

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

Posted by bowman > 2022-03-04 11:44 | Report Abuse

"Wheat prices have been on the rise of late, up 40% over the last six months. Given
that raw materials like wheat account for 90% of costs, this is likely to crimp margins,
especially as it is unlikely that MFM would be able to pass on all its costs to customers
immediately. MFM does, however, practice hedging on a 6-month average rolling basis, to
mitigate the risk of price volatility."

Read the company annual report