Posted by powerwk > 2014-03-04 11:30 | Report Abuse

@ray81 - how you know that? Just guess?

Posted by ray81 > 2014-03-04 23:38 | Report Abuse

wait for the announcement...:-)

Posted by powerwk > 2014-03-05 00:23 | Report Abuse

That mean just guess :-)

Posted by chinkeong88 > 2014-03-05 08:01 | Report Abuse

This counter good for long term, but moving very slow la...

Posted by chinkeong88 > 2014-03-05 16:24 | Report Abuse

Moving up like buffaloB-)

Posted by powerwk > 2014-03-05 19:45 | Report Abuse

haha..... it better than moving down :-) It take time to us to harvest this counter. Short term player please stay away. Else will easily get burn.

Posted by ray81 > 2014-03-06 14:02 | Report Abuse

All the positive news for wheat...mflour has established in Indonesia....
http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/278834-wheat-consumption-on-the-rise-in-indonesia.html

Posted by Abudance > 2014-03-07 03:42 | Report Abuse

Really good news for Mflour! Hopefully it gives another quarterly dividend in end March! :)

Posted by yfchong > 2014-03-07 08:16 | Report Abuse

Ok shall it be 6 cts or 3 cts.

Posted by powerwk > 2014-03-07 09:39 | Report Abuse

@Abudance - why you think they will distribute dividend end of March?

@yfchong - either 3 or 6 cents are good enough. But not sure why you al think there is dividend distribution.

Posted by Abudance > 2014-03-07 10:28 | Report Abuse

Look at the trend of Mflour. It used to give higher dividends. Look at quarterly report last night, used to give in March. So, hopefully we got "Ong" to get special dividend as they open Indonedian factory last year ... mFlour also keep moving like snail ... Upwards! Better than downwards, ya? :).
Read also PBB opening flour mill ... Another competitor :(

Posted by powerwk > 2014-03-08 16:24 | Report Abuse

Thanks Abudance. Now I understand where you coming from.

1. Slow like snail but as long as it moving up slowly and give out dividend then I'm more than happy since I'm going to hold for long term. Unless something happen later or in between that the company no longer a good long term investment target and the management also did not do their good job.

2. In a mature market, its always a good thing to have a competitor and not the only one that monopoly the whole market. This way everyone have the chance to improve and move forward and be creative and plan a better business strategy. So I welcome PBB into flour mill business.

3. If their management is far better than Mflour then we can also consider a switch. We are invest for long term and future :-)

Posted by Abudance > 2014-03-09 01:17 | Report Abuse

Powerpk, look at the trend. Brfore the splitting of shares, it gave a 62 sen dividend. Then they had problems with mill in malaysia. Then it dropped from rm2.20 plus sloely drop to rm1.20. Then they open in Indonesia and now its profitable again. Since then from rm1.20 its been chugging along the slow Choo-Choo train till rm1.62 now and has given 3 plus 6 sen dividend.
So waiting to see if will give another 3 sen dividend end march ... :)

Posted by powerwk > 2014-03-10 01:19 | Report Abuse

haha... thanks Abudance for the sharing. I know some of the history and background too. I am old man and does not really care for the choo choo train. Most importantly at the end of day like 2 to 3 years from now the share price on the uphill trend in general. Of course they will go downhill some time but that is okay. Same old thing as long as we are buying good counter and with good management we are in good shape. Even it drop now they will go up back slowly, just a matter of time.

I do wish if they given another round of dividend does not bother how many cents :-) since I invest long term so just want to see the consistent grow of the company and their future plan.

Let see how they do in next 5 days transaction. I'm just looking for one cents up per week..... maybe should called choo choo choo train for some folks.

Posted by yfchong > 2014-03-10 10:10 | Report Abuse

My assumption simple., for every Q they are generating EPS 4.5 cts, yearly EPS 18 cts., they do not need addition money for expansion unless the said Myanmar plant, tat appeared in the highlight 1 or 2 years back. So simplicity, likely there would have payout regardless small or big. cheers.

Posted by powerwk > 2014-03-10 16:56 | Report Abuse

To certain extend I agree with yfchong. There is possibility that they will keep the money for other purpose instead of distributed to share holder. Whatever the management try to do they will think twice before they implement it. I have confidence with the current management :-)

Let see in next couple of weeks :-)

Posted by yfchong > 2014-03-12 13:28 | Report Abuse

The un-audited Mflour report is good the bird integration segment and flour trading is giving the driving force. Where can i get the contribution fr Indonesia., request for little help fr forumers. Thks

Posted by ray81 > 2014-03-12 21:22 | Report Abuse

http://www.thestar.com.my/story.aspx/?file=%2f2012%2f5%2f10%2fbusiness%2f11261681&

Posted by ray81 > 2014-03-12 21:24 | Report Abuse

http://bungasari.com/about-us/

Posted by yfchong > 2014-03-13 08:18 | Report Abuse

Thks ray81.

Posted by yfchong > 2014-03-13 15:08 | Report Abuse

Today :-(.,undecided mode.,

Posted by yfchong > 2014-03-14 12:36 | Report Abuse

Take a re-look on MFlour., ;-)., waiting for surfing wave.,

Posted by yfchong > 2014-03-14 21:51 | Report Abuse

Breaks below Sma will be good to add., but pending on mr russia

Posted by DickyMe2 > 2014-03-17 12:16 | Report Abuse

Buying @1.42

Posted by ray81 > 2014-03-17 14:04 | Report Abuse

will not drop to 1.42...the stock have good fundamental...drop 0.01-0.03 cents the max....

Posted by yfchong > 2014-03-17 14:57 | Report Abuse

Today very sien need to wait until FOMC, btw , Mflour GM improve by 2% point, OM by 2%. Still intact. So hardly to go down , overall last year EBT was 93M, looks good. Average 5 Years PE=10.92.

Waiting for sentiment only to play.

Posted by SeriousBeginner > 2014-03-18 00:31 | Report Abuse

Sorry ya, what is GM and OM?

Posted by yfchong > 2014-03-18 17:32 | Report Abuse

Gross Margin, Operation Margin.

Posted by powerwk > 2014-03-19 15:45 | Report Abuse

Look like folks are waiting for some excited announcement to push this counter to move.... for the last three weeks the price movement is slightly behind my target hehehe....

Posted by Rambotan > 2014-03-19 20:38 |

Post removed.Why?

Posted by powerwk > 2014-03-20 09:57 | Report Abuse

I will buy some today.... not many couple of lots only :-)

Posted by samcghee > 2014-03-20 16:02 | Report Abuse

powerwk, I plan to buy some more mflour-wb as i consider it is still very cheap. What is yrs opinion?

Posted by yfchong > 2014-03-20 16:31 | Report Abuse

some signal to come down. this time this durian jatch must see "cun-cun" to pick up.

Posted by powerwk > 2014-03-20 19:39 | Report Abuse

@samcghee - I did buy some too last week at 0.365 and 0.37. Please don't consider that my opinion as stock always have up and down and we are not the one that can control it. So use it as reference. But like I always say, if the counter fundamentally strong then we should be okay. Even it drop....
1. It will come back up one day. OR
2. It won't drop that much
3. Time flies and we will receive dividend if they did not move for years then we just receive the dividend until it move :-) Note: This does not applied to warrant but when mother move warrant will move too....

If you don't agree the above then think twice before you buy it

Posted by samcghee > 2014-03-21 08:26 | Report Abuse

Thanks powerwk.

Posted by suz99 > 2014-03-24 10:12 | Report Abuse

powerwk, mflour is very low. should we buy?

Posted by yfchong > 2014-03-24 10:20 | Report Abuse

woh, little bit more., patience patience.

Posted by powerwk > 2014-03-24 10:51 | Report Abuse

@suz99 - I won't say what price is best to buy certain stock. Because it hard to buy at the lowest and sell at the highest all the time. So let go back to basic.

Ask you self these questions and I believe it help you to make some good decision.
1. Why you want to buy this counter? What good about this counter?
2. Are you aim for medium to long term investment? (As mention this counter for long term investment)
3. What the risk level for this counter if anything happen to Global economic?
4. Can you still sleep well if you buy this counter today?

Hope the above help you to make some quick decision whether to get in now or later :-)

Posted by yfchong > 2014-03-24 12:12 | Report Abuse

almost reaching 2013 year end closing price.,

Posted by chinkeong88 > 2014-03-24 12:44 | Report Abuse

Sound there is a bad news for mflour. Half day trading on today drop 4sen

Posted by yfchong > 2014-03-24 14:02 | Report Abuse

If see the long term growth then just accumulate., if at this price PER number turn into single digit. so for long term investment it is good.,

Posted by 2862862 > 2014-03-24 14:10 | Report Abuse

yfchong agree with you, short term it will not fly however long term yes with health cash flow VS debt ratio.

Posted by yfchong > 2014-03-24 14:13 | Report Abuse

this milling Co's. LT debt is less than 28M, short term about 5XXM, that grows in tandem with business needs. No other need picking. Is good if the Y2014 can achieve > 110M profit., then will go back to the past times., Lol

Posted by suz99 > 2014-03-24 14:14 | Report Abuse

thks everyone. I take this as an opportunity.

Posted by powerwk > 2014-03-24 16:03 | Report Abuse

@suz99 - If you are afraid and not sure then take small bite at a time. Buy some and reserve some money for future buy. If it goes down, you have money to accumulate more or average down. If it go up later at least you already enter the boat.

Posted by yfchong > 2014-03-24 17:23 | Report Abuse

Ok, SMA 60 defense line violated., so touch SMA 90., monitoring

Posted by yfchong > 2014-03-25 09:46 | Report Abuse

OK first trench 4 weeks low., check in almost ready.,

Posted by samcghee > 2014-03-25 10:04 | Report Abuse

Time to start to accumulate some more.

Posted by yfchong > 2014-03-25 10:33 | Report Abuse

sure now just like fishing., dun give up

Posted by yfchong > 2014-03-25 12:09 | Report Abuse

Dun give-up like fishing., almost ready/.,