Highlights
KLSE : FGV       FELDA GLOBAL VENTURES HLDG BHD
Last Price Today's Change   Day's Range   Trading Volume
4.17   +0.07 (1.71%)  4.08 - 4.19  1,022,700

Overview

Board:Main Market
Sector:Plantations
Avg Volume (4 weeks):837,173
4 Weeks Range:4.01 - 4.26
52 Weeks Range:3.98 - 4.70
Average Price Target:4.86
Price Target Upside/Downside:+0.69
View Price Target Detail

Business Background

Felda Global Ventures Holdings Berhad (FGVH) is an agricultural and agri-commodities company with operations across 10 countries. The Company operates in three segments: plantations business, downstream and sugar business. The Company has approximately 355,864 hectares of plantation estates. In its rubber plantation operations, it cultivates and harvests cup lumps on 10,308 hectares of rubber plantations. In its downstream business, the Company produces soybean and canola products through its subsidiary, Twin Rivers Technologies Enterprises de Transformation de Graines Oleagineuses du Quebec Inc (TRT-ETGO Inc), in Quebec, Canada, and produces oleochemicals through its subsidiary, Twin Rivers Technologies US Inc (TRT US), in Massachusetts, United States. Through its subsidiary, MSM Holdings, it produces a range of refined sugar products for both the commercial and retail sectors. In September 2012, it acquired Rias Simfoni Sdn. Bhd.

  10 people like this.
 
Ring HONG Leong Investment Bank (HLIB) has maintained its “neutral” stance on the plantation sector with its top pick being Genting Plantation Bhd, of which it has rated a buy at RM12.16 a share.
22/07/2014 12:03
Ring FGV reorganised its operations last week into six clusters comprising upstream, downstream, sugar, rubber, research and development and transport, logistics, marketing and others as part of its efforts to become one of the world’s top agribusiness firms.

“In terms of social stability and poverty eradication, palm oil is the most efficient oil in the market and we want to play a role in supplying it,” said Abdul Halim.

He added that a hectare of oil palm can produce five tonnes of oil a year, compared to soyabean which can only produce half a tonne a year and requires more land.

........I call upon d CEO to commit not on d oil it can produce/ha but d yield/ha per annum. Currently now it is below 20mt n with d new clones can felda produce more then 25mt which will be more then 5mt. We shareholders want some precise statements...!
22/07/2014 12:11
joerakmo ring

for 5 tonnes oil per hectare (@ OER rate of between 20-23%) implies 22-25 tonnes FFB /ha and their website and annual report seems pretty coy on giving a full breakdown in plantation statistics ie mature,immature.own and settlers ffb oil and kernel;and oer.Compare FGV and wilmar's briefing here:http://media.corporate-ir.net/media_files/IROL/16/164878/Briefing%20Presentation_1Q2014%20results_8May14-2.pdf

Thought those will be the points most plantations want to brag about!!
22/07/2014 12:58
Ring With clones should be 23% OER or higher n ffb should be either 25 mt ffb or higher. Let me tell you way back in d early seventies we use to get 24% OER with DxP material n with d same material when I was posted to Sarawak near Batu Niah OER was 24-25% it was unbelievable.Now companies using media to promote their company so they got to be precise. Of course all want to plant clones now, so should be talking about about higher OER n yield...n companies should commit n what kind of dividend they can pay. Why KLK n UP paying dividend anything from 80-100% n look at their shares above 25 n why FGV inferior.
22/07/2014 13:55
joerakmo you are right.That speech is more a political speech ie 'waffling'.FGV should focus more on yields and efficiencies first.Interestingly Wilmar has just slightly larger mature(10000+ha) Hectarage than FGV
22/07/2014 14:25
Ring KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed lower yesterday on weak demand amid bearish external sentiment, a dealer said.

Phillip Futures Sdn Bhd Derivative Product Specialist David Ng said CPO futures ended in the red again as sentiment stayed pessimistic amid narrowing spread between soyabean oil and palm oil.
23/07/2014 13:06
Ring KUALA LUMPUR: Crude palm oil futures prices on Bursa Malaysia Derivatives closed at the lowest level in almost a year, following losses on the Chicago soyabean market, a dealer said.
24/07/2014 13:28
Ring Bushon was responding to a decision by the board of directors of FGV to deny dividends to Felda settlers who have taken legal action against the company or have illegally sold their Felda-allocated land to a third party.
25/07/2014 09:39
Ring So long anybody who hold d shares r entitled for their dividend, how on earth d directors can hold their dividend,after reading in d media, i had a good laugh n d world will join with me on d "laughing stocks". Any director who make such statements is living in a wild wild west n should be removed from d post.
25/07/2014 09:45
Ring http://www.malaysiakini.com/news/269824
25/07/2014 09:46


 

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