MALAYAN FLOUR MILLS BHD

KLSE (MYR): MFLOUR (3662)

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Last Price

0.54

Today's Change

-0.005 (0.92%)

Day's Change

0.535 - 0.55

Trading Volume

5,868,700


23 people like this.

7,339 comment(s). Last comment by ggleow 6 days ago

kkgan

142 posts

Posted by kkgan > 2016-07-02 17:00 | Report Abuse

only last qr loss

Posted by tradminator > 2016-07-04 09:36 | Report Abuse

buy now!!! last qr loss was because of JV in indonesia but latest report JV in indonesia had turn over to make profit and revenue shoot up to 494%!!!

pingdan

1,549 posts

Posted by pingdan > 2016-07-12 13:15 | Report Abuse

wow start to move abit already

Posted by tradminator > 2016-07-12 18:15 | Report Abuse

daily move abit is good

Icon8888

18,659 posts

Posted by Icon8888 > 2016-07-12 18:29 | Report Abuse

looking good..

rockycleft

880 posts

Posted by rockycleft > 2016-07-12 21:37 | Report Abuse

Not just lppking good my fren, it's damn good

Galant

171 posts

Posted by Galant > 2016-07-14 17:54 | Report Abuse

@Icon8888
Hi there, saw your article. Good write up. You already locked in this counter?

pingdan

1,549 posts

Posted by pingdan > 2016-07-15 09:47 | Report Abuse

lai liao lai liao

Icon8888

18,659 posts

Posted by Icon8888 > 2016-07-15 09:48 | Report Abuse

lai liao lai liao

Posted by tradminator > 2016-07-15 09:56 | Report Abuse

go go go

Posted by tradminator > 2016-07-15 10:11 | Report Abuse

announcement intention to deal during closed period by chairman and managing director. today is pushed by director? if yes is a very good news

kakashit

1,472 posts

Posted by kakashit > 2016-07-15 11:47 | Report Abuse

lai liao lai liao, lol

eimajz

164 posts

Posted by eimajz > 2016-07-15 12:16 | Report Abuse

wah this is a really big move. Another good call by Icon8888. Kudos

livelife

74 posts

Posted by livelife > 2016-07-15 13:22 | Report Abuse

Walaooo

tradeview

608 posts

Posted by tradeview > 2016-07-15 15:54 | Report Abuse

Agreed a good call to consider

Posted by tradminator > 2016-07-15 18:31 | Report Abuse

great close today

Posted by projecti2016 > 2016-07-15 21:29 | Report Abuse

hope next week continue fighting uptick.

Icon8888

18,659 posts

Posted by Icon8888 > 2016-07-15 22:04 | Report Abuse

Strong Ringgit good for them

livelife

74 posts

Posted by livelife > 2016-07-16 03:13 | Report Abuse

go go go!

eimajz

164 posts

Posted by eimajz > 2016-07-17 22:34 | Report Abuse

Fingers cross next week can fly

tjhldg

27,218 posts

Posted by tjhldg > 2016-07-17 23:50 | Report Abuse

:) ..seem like

kilrathi

303 posts

Posted by kilrathi > 2016-07-18 09:48 | Report Abuse

Mflour on the move ! Good spotting .. whats the stop point for mflour for this year ? :))

eimajz

164 posts

Posted by eimajz > 2016-07-18 09:57 | Report Abuse

flying high!

eimajz

164 posts

Posted by eimajz > 2016-07-18 10:10 | Report Abuse

TP 1.50 at least?

pingdan

1,549 posts

Posted by pingdan > 2016-07-18 10:57 | Report Abuse

eimajz: TP so low meh?

pingdan

1,549 posts

Posted by pingdan > 2016-07-18 10:57 | Report Abuse

if good result, this share can easily go double.

Posted by tradminator > 2016-07-18 11:12 | Report Abuse

agree my tp is not so low...lets wait for the new report and dividend annoucement. I am very positive and the coming report just see how good is it compare to last quarter and last year same quarter

livelife

74 posts

Posted by livelife > 2016-07-18 11:41 | Report Abuse

Break 52 days high!

eimajz

164 posts

Posted by eimajz > 2016-07-18 14:42 | Report Abuse

true if results out should be to fly but i don think results out in July

Icon8888

18,659 posts

Posted by Icon8888 > 2016-07-18 16:04 | Report Abuse

If can reach RM2.00, I happy already

kakashit

1,472 posts

Posted by kakashit > 2016-07-18 17:17 | Report Abuse

马面粉,面粉马,可以跑很远.....

Posted by buddyinvest > 2016-07-18 17:36 | Report Abuse

Hehe. Thanks kakashit and Sifu icon

livelife

74 posts

Posted by livelife > 2016-07-18 22:18 | Report Abuse

Hehehe sifu icon so good

pingdan

1,549 posts

Posted by pingdan > 2016-07-19 12:16 | Report Abuse

Muscle: I waiting it "slowly“

Posted by Kungsing Ting > 2016-07-19 14:19 | Report Abuse

No worry. Will keep waiting..

eimajz

164 posts

Posted by eimajz > 2016-07-19 14:26 | Report Abuse

muscle why are u here attacking people again. You like to attack all the sifu but you dont have any contribution. If you think no good, maybe you can recommend some counters urself?

rockycleft

880 posts

Posted by rockycleft > 2016-07-19 15:06 | Report Abuse

If repeat last qtr results, this counter may pass Rm 2 .....easily

rockycleft

880 posts

Posted by rockycleft > 2016-07-19 15:10 | Report Abuse

Hold yr breathe and keep yr fingers crossed hahaha

rockycleft

880 posts

Posted by rockycleft > 2016-07-19 15:17 | Report Abuse

D day coming soon , in August.

Posted by Kungsing Ting > 2016-07-19 15:35 | Report Abuse

Rock, I am agreed with you.. August..

pingdan

1,549 posts

Posted by pingdan > 2016-07-19 17:04 | Report Abuse

Another largest flour company in Malaysia, PPB trading at PE18. So if result can maintain 6sens (excluding forex loss effect) for next 4 quarter, you can imagine how high is mflour will gonna be.

Just my opinion trade at own risk haha

pingdan

1,549 posts

Posted by pingdan > 2016-07-19 17:11 | Report Abuse

Also, please see the annual report page 114, note 21. Vietnam's non-current assets, which is property, plant and equipment have increased by 66.82% compare to last year. Means the company have heavily invested to expand their business in Vietnam

As we all know now the Vietnam economy is skyrocketing right now. I hope the increase in investment in VIetnam also will bring additional profit to mflour as mflour currently is the most largest flour company in Vietnam.

Including the turnaround from the JV with Toyota Group in Indonesia, which is also largest flour mill in Indonesia, plus the removal of subsidiaries since 1 March 2016, i foresee profit will have significant improve in the coming year.

sapurakencana

1,144 posts

Posted by sapurakencana > 2016-07-20 06:13 | Report Abuse

beware of the wheat price ,future drop from USD 500 till USD 418, if company spot 3 month future,this may incurred currency loss.

value88

711 posts

Posted by value88 > 2016-07-20 08:50 | Report Abuse

MFlour should be a beneficiary of strong RM. In Q1'16, RM was actually strengthen, but the forex loss magnified to ~RM17mil compared to forex losses of RM1mil to RM3.4mil in last 3 quarters when RM weaken. I wonder how this could happen, anyone knows why ?

value88

711 posts

Posted by value88 > 2016-07-20 08:55 | Report Abuse

The profitability of MFlour is very much dependant on :
I) Forex gain/loss
ii) Future/option gain/loss
iii) Indonesian operation

The I) and ii) above I can't really see their correlation with the strengthening or weakening of RM...so they are difficult to predict what will they like in coming quarters.
For iii), we can see turnaround in Q1 but that is only one quarter so whether MFlour can do well in coming quarters will need to see if the turnaround of Indonesian operation is sustainable.
Anyone has more info on my above uncertainty, kindly share. Tq.

Posted by tradminator > 2016-07-20 09:06 | Report Abuse

i waited 4 month and hav 10% now for me is not bad and i expect it to break 20% within this 2 week

pingdan

1,549 posts

Posted by pingdan > 2016-07-20 09:27 | Report Abuse

maybe they bought alot of future during january and suffer huge loss on derivates on flour. During early of the year, usd trading around usd1= rm4.20. then suddenly at 31 mar 2016 the currency rate drop until usd1=rm3.90. i guess is this ba. just my opinion

rockycleft

880 posts

Posted by rockycleft > 2016-07-20 20:35 | Report Abuse

Favorable climate for wheat flour business should bear better fruits in next qtr so tune in for some surprises after August.......

rockycleft

880 posts

Posted by rockycleft > 2016-07-20 20:38 | Report Abuse

Of course your guess is as good as anybody's .......

Posted by tradminator > 2016-07-27 09:30 | Report Abuse

go go go

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