MALAYAN FLOUR MILLS BHD

KLSE (MYR): MFLOUR (3662)

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Last Price

0.535

Today's Change

-0.005 (0.93%)

Day's Change

0.535 - 0.545

Trading Volume

4,099,900


23 people like this.

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

vcgh23

113 posts

Posted by vcgh23 > 2016-08-15 17:03 | Report Abuse

second quarter I m believed the result might better then first qr result a lot, hence the share price flying .. I think very possible mother price will touch 1.80

kilrathi

303 posts

Posted by kilrathi > 2016-08-16 12:21 | Report Abuse

after a long quiet moment, its finally spiked up .. im disposing my holdings, and wait for further indication ...

setia2u

971 posts

Posted by setia2u > 2016-08-16 18:27 | Report Abuse

Steadily up and up, just like ANNJOO, when results announced, the next day jump start 20 sen! Ha ha ha ... and BTW, that is my dream on this counter.

jacky2388

11 posts

Posted by jacky2388 > 2016-08-17 15:57 | Report Abuse

drop ...

vcgh23

113 posts

Posted by vcgh23 > 2016-08-17 17:16 | Report Abuse

Maybe the result doesn't impress investors ..tats right the share price drop ...

Abismail

651 posts

Posted by Abismail > 2016-08-17 18:46 | Report Abuse

Untung2

Abismail

651 posts

Posted by Abismail > 2016-08-17 18:56 | Report Abuse

Tq icon8888

vcgh23

113 posts

Posted by vcgh23 > 2016-08-17 19:04 | Report Abuse

Icon8888 sifu u r the man .the result super strong ..the first half year result total eps 8.77 if x2 = assume 17.54 ,whole year ended . Benchmarking PER at 13 times fair value should be 2.28 the price ..more room to go ..the share price Tmr action will be started ..rocket start flying ..by year end 2.00 is very possible can reach .

Op3rs

397 posts

Posted by Op3rs > 2016-08-17 19:34 | Report Abuse

fantastic result!

ys13

183 posts

Posted by ys13 > 2016-08-17 20:14 | Report Abuse

result out d??

ys13

183 posts

Posted by ys13 > 2016-08-17 20:26 | Report Abuse

Thanks Shannian...

abangadik

2,305 posts

Posted by abangadik > 2016-08-17 20:48 | Report Abuse

:D great quarter and better quarter next round!!

simon_nick

129 posts

Posted by simon_nick > 2016-08-17 22:14 | Report Abuse

Fantastico!

LKOH

365 posts

Posted by LKOH > 2016-08-18 07:22 | Report Abuse

Read the edge market article, the profit is mainly due to unrealized forex gain, it means just gain recorded in account not real cash, it can be reversed or gain more subject to movement RM vs foreign currency, I guess it is USD.

Did anyone read the QR report thoroughly? Please share how much unrealized forex gain in this case.

LKOH

365 posts

Posted by LKOH > 2016-08-18 07:37 | Report Abuse

I briefly read the QR report, unrealized forex gain is about 10 million. The QR result is still commendable.

kakashit

1,472 posts

Posted by kakashit > 2016-08-18 07:53 | Report Abuse

The 3 cents dividend is real for sure

pingdan

1,549 posts

Posted by pingdan > 2016-08-18 09:03 | Report Abuse

i sold all my shares... good luck for remaining holders...

Posted by Kungsing Ting > 2016-08-18 09:10 | Report Abuse

Oops. A lot people take profit first and buy in again later..

magn

22 posts

Posted by magn > 2016-08-18 09:13 | Report Abuse

drop...sell on news

simon_nick

129 posts

Posted by simon_nick > 2016-08-18 09:19 | Report Abuse

I just bought more :)

pradeep

1,324 posts

Posted by pradeep > 2016-08-18 10:28 | Report Abuse

the result was good but why the price drop. I think it is fairly value.

Posted by Kungsing Ting > 2016-08-18 10:33 | Report Abuse

Because people take profit first. Then waiting market settle down, and buy in again.

jacky2388

11 posts

Posted by jacky2388 > 2016-08-18 15:25 | Report Abuse

oh no drop 3%, still can join ?

JENNY

3 posts

Posted by JENNY > 2016-08-18 16:02 | Report Abuse

warrant still can buy ? pls advise , thank you

dompeilee

11,888 posts

Posted by dompeilee > 2016-08-18 17:11 | Report Abuse

Y ppl still buying ? Below average yield, trading above NTA, cash of 200 m servicing 800 m debt...

I was 'trapped' in this counter since Feb '15 but managed to RUN on the 16th. Thanks, insiders for pushing the counter!!! :D


https://3.bp.blogspot.com/-0E6FHgl1aps/V7V7dNSLUKI/AAAAAAAACxg/foUqJwvTzkwlNHipR04iJlbMO_WY4v-PQCLcB/s1600/AS17Aug16.png

Chickaboo

39 posts

Posted by Chickaboo > 2016-08-18 21:34 | Report Abuse

Ok. Lets everyone dump so that we can collect at lower price with dividend ^_^

vcgh23

113 posts

Posted by vcgh23 > 2016-08-19 09:45 | Report Abuse

agreed with chickaboo... bcaz I'm believed the 3rd quarter coming result even much more stronger as vs last year quarter .. so now Mflour is consider uptrend all the way until year end 2.00.. lets wait and see .. and collect gradually....

simon_nick

129 posts

Posted by simon_nick > 2016-08-19 10:11 | Report Abuse

Nvm la, those who don't believe let them sell. They will see it eventually.... :)

Posted by tradminator > 2016-08-19 10:44 | Report Abuse

next qr release i expect the eps i expect 3sen to 5 sen if JV contribute more profit then will mayb surpass eps 5.

halia

94 posts

Posted by halia > 2016-08-19 11:00 | Report Abuse

this is a fundamental stock....so no doubt about investing in this counter

magn

22 posts

Posted by magn > 2016-08-19 16:57 | Report Abuse

In again 1.57...regret...cut loss

Posted by tradminator > 2016-08-19 17:20 | Report Abuse

hopeless?? share price drop on good report is normally profit taking la. same happen to airasia last qr report release share price drop but now what is airasia price?

dompeilee

11,888 posts

Posted by dompeilee > 2016-08-19 17:21 | Report Abuse

U all still don't get it? Insiders accumulate for weeks before the result because they knew it was going to be good...then when no follow through buying on the announcement day, just dumped 3 weeks worth of shares in 3 days.

No wonder sharemarket so full of hopeless losers!

jacky2388

11 posts

Posted by jacky2388 > 2016-08-19 18:02 | Report Abuse

now lower ... anyone advise ?

Posted by Kuang Singtee > 2016-08-19 22:22 | Report Abuse

The profit is due mainly to unrealized forex gain recorded in the account and not real cash. What nonsense is this? When the company gain in forex exchange she gains in profit because the buying and selling of a commodity the company need to pay less or when she convert the currency into ringgit she makes more! For the last few quarters in 2015 and 2016 Malayan Flour lost money mainly due to forex lost as shown by the article written by Riche Ho and that was why the price of Mflour keep dropping. The price drops very substantially I feel in mainly due insider trading and manipulation, nothing more and nothing less

Woo John

552 posts

Posted by Woo John > 2016-08-19 23:42 | Report Abuse

Kuang your description made real sense, this counter is manipulated. Urge all investor to take caution.

Chickaboo

39 posts

Posted by Chickaboo > 2016-08-20 13:29 | Report Abuse

Cant understand. Why insider throw now and not later when px up further? Since many are buying due to good QR and dividend ...also, there is no short selling option in klse... why make it drop now?

Posted by projecti2016 > 2016-08-20 16:13 | Report Abuse

Someone's trapped

Posted by Kungsing Ting > 2016-08-21 14:47 | Report Abuse

As what I heard from my friends, QR result lower than what they expected. And profit was came from foreign exchange rates. No really make a good profit. I had sold out what I have last week and waiting price go to bottom line or until fair price of market. Happy Journey...

Chickaboo

39 posts

Posted by Chickaboo > 2016-08-22 12:04 | Report Abuse

Alright... time to buy in ^_^ and target to break 1.65 before end of this week. Hope no more bad news

kakashit

1,472 posts

Posted by kakashit > 2016-08-23 09:57 | Report Abuse

师傅领进门,买卖看个人

Woo John

552 posts

Posted by Woo John > 2016-08-23 10:24 | Report Abuse

sell ........ and get out ASAP

Posted by raymondanoh > 2016-08-23 12:55 | Report Abuse

Hope someone help to push it down for me to pick.

Posted by Sebastian Sted Power > 2016-08-25 10:28 | Report Abuse

Additional Listing Announcement-

really got dum dum ppl go to convert the warrants at RM2++; better throw away the warrants and buy now cheaper la

Posted by Sebastian Sted Power > 2016-08-25 10:29 | Report Abuse

Additional Listing Announcement
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Exercise of Warrants
Details of corporate proposal : Exercise of Warrants 2012/2017
No. of shares issued under this corporate proposal : 50
Issue price per share ($$) : 2.0600
Par Value ($$) : 0.50
Latest issued and paid up share capital after the above corporate proposal
In the following
Units : 550,239,060
Currency : Malaysian Ringgit (MYR) 275,119,530.000
Listing Date : 26/08/2016

Jenny

3 posts

Posted by Jenny > 2016-08-25 14:36 | Report Abuse

warrant expired dec 2017 ?

jacky2388

11 posts

Posted by jacky2388 > 2016-08-25 17:03 | Report Abuse

so ?? lagi drop ...

digidigi

103 posts

Posted by digidigi > 2016-08-25 17:36 | Report Abuse

Should be May 2017, will become toilet paper soon

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