MALAYAN FLOUR MILLS BHD
KLSE (MYR): MFLOUR (3662)
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Last Price
0.645
Today's Change
0.00 (0.00%)
Day's Change
0.64 - 0.65
Trading Volume
194,600
Overview
Market Cap
658 Million
NOSH
1,020 Million
Avg Volume (4 weeks)
2,540,256
4 Weeks Range
0.59 - 0.68
4 Weeks Price Volatility (%)
61.11%
52 Weeks Range
0.55 - 0.91
52 Weeks Price Volatility (%)
26.39%
Previous Close
0.645
Open
0.65
Bid
0.64 x 106,300
Ask
0.645 x 70,200
Day's Range
0.64 - 0.65
Trading Volume
194,600
Financial Highlight
Latest Quarter | Ann. Date
31-Dec-2021 [#4] | 28-Feb-2022
Next QR | Est. Ann. Date
31-Mar-2022 | 28-May-2022
T4Q P/E | EY
3.78 | 26.44%
T4Q DY | Payout %
3.10% | 11.73%
T4Q NAPS | P/NAPS
1.23 | 0.52
T4Q NP Margin | ROE
7.64% | 13.87%
Market Buzz
2022-05-25
2022-05-25
2022-05-23
News and Blogs
Company Profile
Sector: CONSUMER PRODUCTS & SERVICES
Sector: CONSUMER PRODUCTS & SERVICES
Subsector: FOOD& BEVERAGES
Subsector: FOOD& BEVERAGES
Description:
Malayan Flour Mills Bhd was founded on October 15, 1966. The Company is principally engaged in the business of milling and selling wheat flour and trading in grains and other allied products. Its operations comprises of Flour and trading in grains, and Poultry integration. Milling and selling wheat flour and trading in grains and other allied products. Manufacture and sale of animal feeds, processing and sale of poultry products, poultry grow-out farm, breeding and sale of day-old-chicks and contract farming activities.
Discussions
21 people like this. Showing 50 of 7,044 comments
Malayan Flour Mill Berhad upgraded to Overweight
With a medium term price target of RM0.80
2 months ago
Lukesharewalker think big factory like mflour buy wheat today for tomorrow usage. HAHA. newbie ?
2 months ago
And Russia move in on Ukraine on 24th Feb. Then 28th Feb Mflour declare dividend. If Mflour feels there is risk, they will keep the extra money to themselves.
I would bank on Mflour feel their wheat inventory is enough, and risk is small.
2 months ago
RHB targets breakout at MYR0.66 with TP1 MYR0.70, MYR0.75
(time frame: 2-4 weeks)
2 months ago
If wheat cross 400, I don't think management has the hindsight to hedge this...
2 months ago
.
Revenue ↑ 20.2% Profit ↑ 39.1%
YoY +39.1% QoQ +514% dy 3.1%
PE 3.8 ROE 14
2 months ago
"Wheat prices have been on the rise of late, up 40% over the last six months. Given
that raw materials like wheat account for 90% of costs, this is likely to crimp margins,
especially as it is unlikely that MFM would be able to pass on all its costs to customers
immediately. MFM does, however, practice hedging on a 6-month average rolling basis, to
mitigate the risk of price volatility."
Read the company annual report
2 months ago
Think the line unlikely to pass the cost to consumers is more pertinent
2 months ago
It is noteworthy that wheat makes up about 85% to 90% of the production cost for the group's flour Mills making it a challenge for it to absorb the price - PPB . The star 5 march
2 months ago
These businesses now face the risk of incuring losses because of higher chicken feed prices namely corn, soybean and palm oil. The Star 5 March
2 months ago
Want to compare this stock with its peers?
LVI: Food & Beverages Sector Price to EPS Peer Comparison (and economic moat)
https://klse.i3investor.com/web/blog/detail/VIE/2022-03-11-story-h1600...
2 months ago
Is Wheat a controlled item in Malaysia? The popular 1 kg Mfour flour , selling for 2.90-3.00 now ??
1 month ago
Settling at 0.665 at close will be good at midweek. If it breaks 0.685, it will be on firmer ground
1 month ago
Capacity for poultry still has not increased. Think demand via Tyson food has not materialise.
Should be in a sweet spot once war is over.
Buy now?
1 month ago
Looks like rebound is imminent. Selling volume not there unless operator throws supply. Could go to 63.5
1 week ago
Mflour have trading flour division, inventory storage and hedge future price to profit uptrend price to protect input cost margin.
Malaysia flour price have hike since last month, cist pass through to flour user industry
1 week ago
Flour user industry like bread maker in turn hike selling price as much as 30% to end consumer -
inflation
1 week ago
Most of mflour revenue from flour is feom vietnam where no price control there
1 week ago
"IMPORTS
In 2020, Malaysia imported $333M in Wheat, becoming the 38th largest importer of Wheat in the world. At the same year, Wheat was the 109th most imported product in Malaysia. Malaysia imports Wheat primarily from: Australia ($118M), United States ($74.3M), Ukraine ($72.3M), Canada ($38.4M), and Argentina ($14M).
The fastest growing import markets in Wheat for Malaysia between 2019 and 2020 were Ukraine ($29M), Argentina ($3.94M), and India ($1.34M)."
Since Ukraine is out, and soon India, you just see how much prices will go up as well
1 week ago
Should I invest on the stock? I heard about the news but does it effects Malaysia stocks
1 week ago
On another matter, Nanta said the ministry issued an Approved Permit (AP) for the import of sugar and flour and it was still working on the details of the latest policy concerning the permit.
Prime Minister Datuk Seri Ismail Sabri Yaakob said the need for APs to import food has been revoked in a move to ensure there will be sufficient food supply in the country.
6 days ago
Seems buying and accumulation activities seen at this level. Maybe a relevant QR coming next week?
6 days ago
Instead of consider this ban, what u really need to bet is the qr. If the next qr can achieve 30mil above net profit. It can hit 80c.
3 days ago
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Lukesharewalker
Understood there's hedging but how much and how far ahead? What about future production?
2 months ago