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%

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

Lukesharewalker

Understood there's hedging but how much and how far ahead? What about future production?

2 months ago

wallstreetrookie

Malayan Flour Mill Berhad upgraded to Overweight

With a medium term price target of RM0.80

2 months ago

nicholas99

Lukesharewalker think big factory like mflour buy wheat today for tomorrow usage. HAHA. newbie ?

2 months ago

nicholas99

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

Lukesharewalker

You think the hedge is for a year?

2 months ago

Lukesharewalker

I bet the volume will disappear in a day or two...

2 months ago

Lukesharewalker

Wheat is 390 today. Question is the hedging still covers it?

2 months ago

bowman

RHB targets breakout at MYR0.66 with TP1 MYR0.70, MYR0.75
(time frame: 2-4 weeks)

2 months ago

Lukesharewalker

50% hedge. Management in control?

2 months ago

Lukesharewalker

Think operator left yesterday. Walls come tumbling down

2 months ago

Lukesharewalker

If wheat cross 400, I don't think management has the hindsight to hedge this...

2 months ago

Lukesharewalker

Currently the only bright side is the 2 cents dividends

2 months ago

Lukesharewalker

Potential to reverse to support at 58

2 months ago

Fundamental Trader

.
Revenue ↑ 20.2% Profit ↑ 39.1%
YoY +39.1% QoQ +514% dy 3.1%
PE 3.8 ROE 14

2 months ago

bowman

"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

Lukesharewalker

Doubt management hedge up above 50%

2 months ago

Lukesharewalker

Think the line unlikely to pass the cost to consumers is more pertinent

2 months ago

Lukesharewalker

Wow��
Wheat is 418 now

2 months ago

Lukesharewalker

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

Lukesharewalker

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

Lukesharewalker

Getting worse. Wheat is now 430

2 months ago

Lukesharewalker

Danger support at 58 might not hold

2 months ago

freddiehero

Post removed.Why?

2 months ago

Mark Goh

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

Lukesharewalker

Likely support between 50 to 54 cents

2 months ago

Kevin Tam

Is Wheat a controlled item in Malaysia? The popular 1 kg Mfour flour , selling for 2.90-3.00 now ??

1 month ago

bowman

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

bowman

Can MFlour break 0.685 today?

1 month ago

JP01

@Vtrade Future star

1 month ago

Lukesharewalker

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

Lukesharewalker

Looks like rebound is imminent. Selling volume not there unless operator throws supply. Could go to 63.5

1 week ago

hng33

Wheat price is soaring, mflour trading set to record windfall profit

1 week ago

KPH5328

@hng33, wheat is input to MFlour, thought it is -ve?

1 week ago

hng33

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

hng33

Flour user industry like bread maker in turn hike selling price as much as 30% to end consumer -
inflation

1 week ago

nicholas99

cost high also can go up ka?

1 week ago

nicholas99

makanan is controlled items in malaysia.

1 week ago

vic_amat87

Most of mflour revenue from flour is feom vietnam where no price control there

1 week ago

bowman

"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

VTrade

ape kerajaan cakap ?

1 week ago

NoobRookie

Should I invest on the stock? I heard about the news but does it effects Malaysia stocks

1 week ago

nicholas99

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

Lukesharewalker

Seems buying and accumulation activities seen at this level. Maybe a relevant QR coming next week?

6 days ago

NoobRookie

Mflour gonna go up or not? Does the ban will hike up this stock price

3 days ago

Macrullen

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

NoobRookie

ouh i see, thank you for the tip

2 days ago

NoobRookie

where can i see the next qr? do i need to look into the company website?

2 days ago

Lukesharewalker

Not that bad. Both businesses still profitable

1 day ago

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