Posted by yfchong > 2014-04-21 10:03 | Report Abuse

No lah, those who are in this counter more or less like its fundamental position, not on TA. so it creates less excitement compared to those in fast moving pace., It will turn into golden flour one (1) day as samgchee mention.,....cheers. i am just waiting for dividend., or price weakening.,

Posted by zillionkoh > 2014-04-21 14:15 | Report Abuse

From my view, if a company has excess cash reserve, they can have few choices to give back shareholders. They can either give it as dividend, share buyback or share split or share bonus. Those tools can give various impact on companies itself but also depend on economic and capital market structure. In this case, MFLOUR choose to buyback it's share which means the number of outstanding share will decrease in future. In future, the company announce positive announcement, then the share price will definitely increase. Cx with the formula EPS=earning / total number of share and so to do with DPS.

But regarding to the warrants (those not familiar with warrant definition can read out in google), MFLOUR issue warrants main purpose is increase capital for future expansion, now the total number of share is 500,000,000+. At the end of warrant maturity, there is option of warrant holder either they wan to convert to mother share or not, we assume they do convert all, the total number of share will increase to 600,000,000+ which mean future share price will hardly to push up to certain higher price level.

Recently, according to the announcement, they PROPOSE to repurchase share on May meeting, buy back more than 10% CURRENT shares. Actually, they are offseting for future effect for this counter. This counter is for very long term investment. For those are speculate, you are not advisable to buy this stock.

This is my personal view and not entitled to any intentions.

Thank you.

Sincerely,
ZK

Posted by smokingjoe > 2014-04-21 15:07 | Report Abuse

Thank you ZK. I am in it for the dividend, but if price goes high then of course I would cash out. I have confidence in the company - diversified -doing well & expanding.

Posted by ray81 > 2014-04-21 22:29 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1598405

Posted by chinkeong88 > 2014-04-21 22:39 | Report Abuse

ZK，thanks for writing on this explanation. I do concur n no doubt on your comments

Posted by Tom贩卖机 > 2014-04-22 13:37 | Report Abuse

CIRCULAR TO SHAREHOLDERS IN RELATION TO

(I) PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTION OF A REVENUE OR TRADING NATURE; AND

(II) PROPOSED RENEWAL OF AUTHORITY FOR SHARE BUY-BACK

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1599429

Posted by tankl1982 > 2014-04-22 15:02 | Report Abuse

i have 1st highlight share buy back, the price will going up 50% to 100%. Pls keep it & enjoy it with RM2(coming soon)

Posted by beeair2013 > 2014-04-22 15:12 | Report Abuse

With daily volumes above 2m, it shall rally to 1.69.........

Posted by yfchong > 2014-04-22 15:23 | Report Abuse

just need someone to keep on pedalling then it will reach the TP., else tayar punture.,

Posted by tankl1982 > 2014-04-22 15:31 | Report Abuse

i thought few ppl are waiting the price drop to RM1.3........ :)

Posted by yfchong > 2014-04-22 15:49 | Report Abuse

Lol, if goes to 1.3 then accumulate, else just watch the trend chart.,

Posted by Tom贩卖机 > 2014-04-22 16:16 | Report Abuse

aiyo.....headache lo

Posted by powerwk > 2014-04-22 16:47 | Report Abuse

why headache?

Posted by Tom贩卖机 > 2014-04-22 22:31 | Report Abuse

因为伤心所以头痛 =.=''

Posted by zillionkoh > 2014-04-23 00:13 | Report Abuse

share always random walk. cheer...

Posted by Tom贩卖机 > 2014-04-23 13:30 | Report Abuse

你说得没错。。。。。

Posted by powerwk > 2014-04-23 17:07 | Report Abuse

take it easy Tom, it will get better if you give it some time. Good luck..... hope your headache today are better :-)

Posted by Tom贩卖机 > 2014-04-24 14:05 | Report Abuse

谢谢你，我会等待的。。。。

Posted by Jumbo3 > 2014-04-24 14:43 | Report Abuse

Jumbo looking for fren KCloh. Long time no see. Oh JUMBO!!!

Posted by powerwk > 2014-04-25 00:43 | Report Abuse

Get ready your seat belt....

Posted by powerwk > 2014-04-25 07:34 | Report Abuse

from the technical chart; volume and other data.... MFlour is currently building the second layer base at this price +- couple of cents.

Anyone feel free to selling your thought?

Posted by KelvinT > 2014-04-26 19:11 | Report Abuse

Flight is ready to take off, enjoy your traveling

Posted by guacaya > 2014-04-29 15:55 | Report Abuse

Anyone can brief what is this counter potential?

Posted by Abudance > 2014-04-30 17:45 | Report Abuse

Heart warming that Mflour slow2 but upwards and give good dividends. Congrats to long term holder!

Posted by Abudance > 2014-04-30 18:04 | Report Abuse

Guacaya... Here is a link where you can read for yourself. It gives over 5% dividend. Co. Is now profitable .. Flour is an essential item in our daily life ... Better a slow and div giving counter in a times of uncertainties than try to make. Lot of money and market sentiments are shaky. All d best to you!

Posted by Abudance > 2014-05-01 22:01 | Report Abuse

Apologies, forgot to post d link for forumers to check it out for yourselves.
Since its got a sharp rise in profit, they haven't paid 2014 dividend. Likely this quarter ....

MALAYAN FLOUR MILLS BHD: MFLOUR (3662)
http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=M&securityCode=3662

Posted by powerwk > 2014-05-02 07:59 | Report Abuse

They probably want to wait one or two more quarter to confirm what they plan to do for their loyal and long term investor. To me it does not matter when they plan to do it. Most important continue to growth the company and Iimprove the revenue and profit.

Posted by Tom贩卖机 > 2014-05-02 13:11 | Report Abuse

这 net profit。。。。

Posted by Tom贩卖机 > 2014-05-02 13:17 | Report Abuse

假如在未来net profit有改善的话，那个股息随时会增倍。。。。到时候 ^-^。。。。。。。

Posted by Abudance > 2014-05-02 17:41 | Report Abuse

In times of market uncertainties, dividend news gives more confirm e for sure.

Posted by abdulrahim > 2014-05-02 18:37 | Report Abuse

reversal

Posted by Abudance > 2014-05-04 05:35 | Report Abuse

General uptrend ...

Posted by powerwk > 2014-05-05 17:02 | Report Abuse

buy when people throw (only applied to good counter). I consider MFlour a good counter so start and prepare your money to buy when it meet your price target.

Posted by Tom贩卖机 > 2014-05-05 19:29 | Report Abuse

唉，1.5会不会有点贵。。。。

Posted by necro > 2014-05-06 14:02 | Report Abuse

MFLOUR...

Posted by yfchong > 2014-05-06 14:55 | Report Abuse

today very boring.................., no excitement

Posted by powerwk > 2014-05-06 21:50 | Report Abuse

after google translate "1.5会不会有点贵。。。。" I don't know the real answer, I doubt other people know..... what they share and know is their opinion....

Look at the net asset per share is stand at RM1.24 (I would say it pretty high) best still you need to check the NTA of the counter.

P/E at 10.xx consider quite good to me and net profit are looking good. That how I look at when I intend to buy any particular counter. Even if I am wrong in some case (if there are) the loss is very minimum because the data tell and guarded.

So if you think expensive base on feeling then it just expensive if you still think expensive base on data then you have to look around for other potential counter :-)

Hope this help.

Posted by yfchong > 2014-05-07 09:28 | Report Abuse

Lol, for MFM the average PE about 12.xx, my projection EPS about 17cts for current year 4Q/14. therefore forward price about PE x EPS, i could be wrong. the price remains the same.. just another way of looking.

Posted by Tom贩卖机 > 2014-05-07 14:55 | Report Abuse

唉，是时候买了，先准备好钱

Posted by powerwk > 2014-05-07 14:57 | Report Abuse

hi yfchong, you refer to PE x EPF = 12.xx X 0.17?

Looking forward to see the engine warm up soon. Be happy and positive when doing a trading....

Posted by yfchong > 2014-05-07 16:21 | Report Abuse

I am just a long term holding chap., trading gives a painful life i am no good at that., i prefer past records n management team.,

Posted by yfchong > 2014-05-07 16:23 | Report Abuse

Hi powerwk, that is my expectation only. either it hits or dune., nothing to worry.,

Posted by yfchong > 2014-05-07 16:29 | Report Abuse

another 20 days will be 1Q/14 annoucement. then see how is the EPS., 3Q will be good due to festive seasons. 4Q/14 no doubt seasons greetings and many more cakes will be generated during this period for celebration.,

Posted by Tom贩卖机 > 2014-05-07 17:05 | Report Abuse

yfchong, next earning announcement will be released on 16/5/2014
http://www.bloomberg.com/quote/MFL:MK

Posted by Tom贩卖机 > 2014-05-07 17:07 | Report Abuse

y suddenly rise 2 cents aiyo..... :) i still not yet buy in

Posted by yfchong > 2014-05-07 17:09 | Report Abuse

14 May 2014 AGM.,

Posted by powerwk > 2014-05-07 18:05 | Report Abuse

only 2 cents still not that expensive. if yfchong PE x EPS estimation is close enough....

Posted by yfchong > 2014-05-08 09:13 | Report Abuse

Hi powerwk, i am just small ikan bilis that trying hard to understand valuation, and DCF., so the first 1Q/14 will make an estimation how far the assumption is to be.,

Posted by Tom贩卖机 > 2014-05-09 12:34 | Report Abuse

bought =.=

Posted by yfchong > 2014-05-09 14:23 | Report Abuse

Wah, Tom you are loaded man just not Q buy, now done,.. see u at the AGM