Highlights

南洋行家论股

Author: Tan KW   |   Latest post: Fri, 22 Feb 2019, 10:54 AM

 

FGV控股 两年财测上修

Author:   |    Publish date:


目标价:1.20令吉最新进展:

FGV控股(FGV,5222,主板种植股)制定今明财年的鲜果串产量目标,分别为469万公吨和514万公吨。

此外,还计划通过更精细收割和更宽松的鲜果收集,以降低12%的单位成本至每公吨1469令吉。 

同时,计划针对管理层员工展开互惠遣散计划(MSS)减少10%非地产类劳动力;该公司有意脱售表现欠佳的非核心业务和资产,总值料达3亿5000万令吉,当中有15家子公司和10项产业资产。

行家建议:

我们相信FGV的产量目标,显示出后者野心,并保持今明年财年5%和7%的预测。

若削减成本落实,FGV控股将省却1.5亿令吉的费用,料MSS每年可省却5000万至7000万令吉之间的成本。

我们上调今明财年盈利预测60至80%之间,高于市场的50至70%之间。

预料鲜果串增长缓和,保守估计单位成本介于每公吨1600令吉至每公吨1800令吉。

相信股价仍有上升空间,特别是市场预测上调及脱售将提振盈利,上调评级至“短线买入”和1.20令吉目标价。 

http://www.enanyang.my/news/20190208/fgv控股br-两年财测上修/

Share this
Labels: FGV

Related Stocks

Chart Stock Name Last Change Volume 
FGV 1.25 -0.04 (3.10%) 17,785,000 

  Be the first to like this.
 


FEATURED EVENT
 

324  458  490  595 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SAPNRG 0.315-0.01 
 IWCITY 0.63+0.04 
 AAX 0.26-0.03 
 VS 0.985-0.035 
 HSI-C3W 0.485+0.045 
 DAYANG 0.795+0.005 
 SAPNRG-WA 0.1050.00 
 BARAKAH 0.10-0.02 
 HSI-H4Y 0.135-0.03 
 DNEX 0.3250.00 

SPONSORED POSTS

1. Investment Bloggers Day 2019 MQ Trader Announcement!
2. Investment Bloggers Day - Get your sponsored ticket from MQ Trader today! MQ Trader Announcement!

TOP ARTICLES

1. Dayang Will Fly on Monday - Koon Yew Yin , Calvin Tan Comments (Please post comments here & contribute your ideas) THE INVESTMENT APPROACH OF CALVIN TAN
2. Dayang Will Fly on Monday - Koon Yew Yin Koon Yew Yin's Blog
3. PANTECH(5125) OR ALL-TECHNOLOGY STOCK IN THE OIL AND GAS SUPER BOOM TIME, CALVIN TAN RESEARCH THE INVESTMENT APPROACH OF CALVIN TAN
4. This company got 5G network prospect + Mahathir factor, ready to punch all the way into glorious moment again Target Invest - We Target, We Invest
5. Tony Fernandes: This will be best year for Airasia. New platform business will grow ancillary Good Articles to Share
6. The Bonuses of Airasia Windfall Profit
7. FPI - Earnings dragged by higher operating cost (HLIB maintain BUY rating with TP of RM2.22) FPI 2大因素前景看好台灣聯友今年再 尋突破
8. Price of Airasia Windfall Profit
Partners & Brokers