Basically this is the new poultry processing plant, just located next to the old plant:-
Malaysia's largest and most automarted PP plant
About the JV, MD very confident that they can meet the target. Else they won't so stupid to provide profit guarantee.
Compare with Malaysia, Vietnam Market is high potential as wheat/flour consumption is only 17kg/ capita.
FYI, Mflour is the market leader in Vietnam.
MFM Sitiwan New Flour Plant dated 2020. This new flour plant is so damn big and it link to their old plant and the port. Current utilisation rate is only 55%, what if the utilisation rate reach optimal level? Can you imagine the potential of the business?
Anyway thank for the invitation, as an ordinary investor I'm grat to say this investment wouldn't goes wrong. It takes time to unlock the value.
Perhaps you guys can read up the RHB report for your knowledge.
https://www.mfm.com.my/wp-content/uploads/RHB-Small-Capital-Asean-Research-7-April-2021.pdf
Disclaimer: The material provided herein is for informational purposes only. It does not constitute an offer to buy orsell any securities. We accept no liability whatsoever for any direct or consequential loss arising from any use of information in this report.
I do not hold a position with the issuer such as employment, directorship, or consultancy.
I and/or others I advise may buy/hold/sell the mentioned securities at any time without further notice.
https://klse.i3investor.com/blogs/wwwfacebookcom/2021-04-21-story-h1563428445-Malayan_Flour_Mills_Berhad_Private_Briefing_TheProfessors777.jsp
