MALAYAN FLOUR MILLS BHD

KLSE (MYR): MFLOUR (3662)

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Last Price

0.54

Today's Change

-0.03 (5.26%)

Day's Change

0.535 - 0.575

Trading Volume

11,455,300


23 people like this.

7,339 comment(s). Last comment by ggleow 1 day ago

kasinathan

967 posts

Posted by kasinathan > 2022-08-11 08:40 | Report Abuse

To retest year low

kasinathan

967 posts

Posted by kasinathan > 2022-08-11 08:41 | Report Abuse

55 cents

Posted by Lukesharewalker > 2022-08-17 09:41 | Report Abuse

Worse and worse news

Pinky

3,476 posts

Posted by Pinky > 2022-08-17 11:02 | Report Abuse

Seems hopeless

JP01

456 posts

Posted by JP01 > 2022-08-18 05:28 | Report Abuse

Already reminded all triple top, no signs of moving up.

idunwork

431 posts

Posted by idunwork > 2022-08-25 19:34 | Report Abuse

Good qr. Poultry business is finally on track.

Posted by Lukesharewalker > 2022-08-26 15:42 | Report Abuse

Surprisingly good QR. Next QR should be better with chicken ceiling price adjusted to 9.50. Next quarter onwards might see eps 4 cents. At eps 16 for 2023. It could be a multi bagger. Dividends too.

Only problem is the my cc potential fine

Posted by Lukesharewalker > 2022-08-26 15:46 | Report Abuse

Worth 1.60 in 2023?

idunwork

431 posts

Posted by idunwork > 2022-08-27 12:57 | Report Abuse

After few rounds of 5-10% play im accumulating this shares again for long term tp over rm1.

idunwork

431 posts

Posted by idunwork > 2022-08-28 20:03 | Report Abuse

9.40 chicken price is allowed to continue

kasinathan

967 posts

Posted by kasinathan > 2022-09-05 16:40 | Report Abuse

After ex dividend, the share price will be heading below 50 cents

Posted by Lukesharewalker > 2022-09-06 12:42 | Report Abuse

Now also no selling pressure. How to go down?
Bottom up....

Bottom up

Posted by Lukesharewalker > 2022-09-07 10:46 | Report Abuse

Only problem on the horizon is the mycc potential fine but IMHO would not be carried out unless the government wants to destroy the poultry industry which they need desperately. So that's the only hurdle.
Future eps ranged from 8 to 12 cents. So should be at 0.80 to 1.20 for pe 10.
Very much undervalued at this juncture.

Posted by Lukesharewalker > 2022-09-09 15:38 | Report Abuse

Anyway the decision could tie up in court for years pending appeal just the insurance spare parts case

kasinathan

967 posts

Posted by kasinathan > 2022-09-13 11:10 | Report Abuse

To retest new low at 55 cents on this week. Very likely to hit 45 cents by month end

kasinathan

967 posts

Posted by kasinathan > 2022-09-13 11:11 | Report Abuse

Dow Jone will heading south to below 20000 point by year end

Posted by Lukesharewalker > 2022-09-13 17:08 | Report Abuse

Good. Time to pick some

Posted by Lukesharewalker > 2022-09-14 09:37 | Report Abuse

See if there's some dumping by the operator. Now not much retail selling pressure nor much buying.
Up to the operator to move it...

Posted by Lukesharewalker > 2022-09-21 09:30 | Report Abuse

Problem now. Currency depreciation would make raw materials more costly and squeeze margins

kasinathan

967 posts

Posted by kasinathan > 2022-09-21 09:52 | Report Abuse

To retest 55 cents on this week and expected to retest 40 cents soon after ..

kasinathan

967 posts

Posted by kasinathan > 2022-09-28 09:18 | Report Abuse

Coming 55 cents.....

eric8168

99 posts

Posted by eric8168 > 2022-09-28 09:35 | Report Abuse

This quarter will make loss , due to inefficient operations

Posted by Lukesharewalker > 2022-10-03 10:45 | Report Abuse

Double whammy. Flour is more expensive plus depreciation of ringgit...not good

kasinathan

967 posts

Posted by kasinathan > 2022-10-13 11:08 | Report Abuse

53 cents is unavoidable

Posted by Lukesharewalker > 2022-10-14 16:32 | Report Abuse

Broke below 55 cents support next 50 cents...

Posted by Lukesharewalker > 2022-10-17 09:40 | Report Abuse

Debt is a growing concern now....

kasinathan

967 posts

Posted by kasinathan > 2022-10-17 09:42 | Report Abuse

50 cents to be broken anytime...

Posted by Lukesharewalker > 2022-10-17 17:34 | Report Abuse

If 50 breaks next 40 cents

kasinathan

967 posts

Posted by kasinathan > 2022-10-18 12:12 | Report Abuse

The chances go to 40 cents cannot be erased out as the operating profits would turned into red again

Posted by Lukesharewalker > 2022-10-18 16:52 | Report Abuse

If my CC successfully slam the fine it could bankrupt the associate company

Posted by Lukesharewalker > 2022-10-18 17:00 | Report Abuse

Heard felda set up a big chicken farm in preparation.......true?
Like low yat 2...lol

kasinathan

967 posts

Posted by kasinathan > 2022-11-04 10:44 | Report Abuse

The one-off inventory impairment could reach Rm150million due to collapse of wheat in the international market. Rm0.45 is expected to come

LiTech

63 posts

Posted by LiTech > 2022-11-12 09:01 | Report Abuse

MFLOUR is a dead company where it will not even move or will drop even if commodity & poultry prices went up. Management has never with good intentions to make the company more profitable

Armageddon

257 posts

Posted by Armageddon > 2022-11-15 15:38 | Report Abuse

Mflour look like gonna fly soon.!!!!!!!

JP01

456 posts

Posted by JP01 > 2022-11-15 16:53 | Report Abuse

Siapa cepat dia dapat

LiTech

63 posts

Posted by LiTech > 2022-11-17 10:30 | Report Abuse

This company price movements always seem like flying soon but end up going lower very fast.

JP01

456 posts

Posted by JP01 > 2022-11-17 20:22 | Report Abuse

Curi 10-15 %

Posted by Lukesharewalker > 2022-11-21 13:37 | Report Abuse

Excellent profit

idunwork

431 posts

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

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

Damien0111

137 posts

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.

Damien0111

137 posts

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

bowman

2,597 posts

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

Now it is worth at least 70sen

Hitman

1,301 posts

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

RM1 coming

c2k9791

274 posts

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.

777777

105 posts

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

good

777777

105 posts

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

upward trend, will hit .80 sen soon

idunwork

431 posts

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

Momentum is picking up

777777

105 posts

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.

777777

105 posts

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

now @.77. very aggressive buying

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