Highlights

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Sun, 10 Jan 2021, 10:10 PM

 

FGV (5222) FANTASTIC RESULT OUT. 3.8 SEN THIS QTR. ANNUALIZED 15.2 SEN. IF P/E 30 THEN RM4.56, Calvin Tan Research

Author:   |    Publish date:


Hi guys,

FGV looks like Supermax & Kossan turnaround in early months of April to June 2020 before finally Seeing More Powerful Profits in later quarters

Now FGV has registered a Very Strong Turnaround

See

Quarterly rpt on consolidated results for the financial period ended 30 Sep 2020

FGV HOLDINGS BERHAD

 

Financial Year End 31 Dec 2020
Quarter 3 Qtr
Quarterly report for the financial period ended 30 Sep 2020
The figures have not been audited

Attachments

FGV - Quarterly Report.pdf
708.3 kB

FGV - Media Release.pdf
556.8 kB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2020

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2020
30 Sep 2019
30 Sep 2020
30 Sep 2019
$$'000
$$'000
$$'000
$$'000
1 Revenue
3,989,459
3,549,245
10,066,906
10,104,663
2 Profit/(loss) before tax
172,272
-361,553
22,038
-396,449
3 Profit/(loss) for the period
112,533
-363,071
-49,288
-420,298
4 Profit/(loss) attributable to ordinary equity holders of the parent
136,893
-262,410
15,093
-317,980
5 Basic earnings/(loss) per share (Subunit)
3.80
-7.20
0.40
-8.70
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.1300
1.1400

Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
 

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence

 

From losing 7.2 sen to making 3.8 sen Up a 152.2%!!

 

SUPERB!

 

At 3.8 sen is annualized it then

3.8 x4 = 15.2 sen

If we assign Glove P/E 30 to Palm oil

Then 15.2 x 30 = 456 sen

Or Rm4.56

IF FGV GOING TO REACH RM4.56???

 

YET TO BE SEEN

 

BEST REGARDS

 

Calvin Tan Research

Singapore

 

Disclaimer

All information provided here should be treated for informational purposes only. It is solely reflecting author's personal views and the author should not be held liable for any actions taken in reliance on information contained herein

 

Note:

Msm sugar under FGV has made a profit. Its result negated by impairment

So can we expect Feb 2021 result to be Superb!?

Share this

  Be the first to like this.
 
ming Dont think so.. but i love it xD
17/11/2020 2:03 PM
Booyeah think so easy meh. this guy here con retailer no.1. so easy calculate value.
17/11/2020 2:15 PM
investory321 nice try....hahaha
17/11/2020 2:16 PM
investory321 and which part of MSM sugar you seen make a profit?
17/11/2020 2:17 PM
tips888 TQ MR CALVIN FOR SHARING SUCH WONDERFUL ARTICLE. BOUGHT 100 LOT 1.21 AND SOLD 1.25, GAIN 3.2K FREE MONEY..
17/11/2020 3:06 PM
calvintaneng tips888 TQ MR CALVIN FOR SHARING SUCH WONDERFUL ARTICLE. BOUGHT 100 LOT 1.21 AND SOLD 1.25, GAIN 3.2K FREE MONEY..
17/11/2020 3:06 PM

A BIG WELCOME

YOU SHOULD KEEP SOME TILL RM2.00 AS CPO BULL RUN ONLY JUST WARMING UP

I BOUGHT SUPERMAX AT RM1.73 IN APRIL 2020 AND SOME BANKER FRIENDS ALSO BOUGHT

BUT THEY SOLD TOO EARLY BEFORE EVEN RM2.00 LIKE YOU SELLING FGV

I KEPT SUPERMAX TILL RM24.44

BUT I DIDN'T SELL AT HIGHEST

I ONLY SOLD SUPERMAX AFTER IT SPLIT AND RETRACED FOR ABOUT RM18.00

ALL IN ALL WITHIN 6 MONTHS I MADE MORE THAN 1,000% FROM SUPERMAX GLOVE SUPERBULL

NOW WE ARE WARMING UP TO A SUPERBULL FOR PALM OIL

SO BUY AND HOLD TIGHT TIGHT IS THE BEST STRATEGY!!
17/11/2020 3:28 PM
iamalex agree. cpo bull merely started
17/11/2020 3:43 PM
calvintaneng Very good morning all

Bull has started for some only

Bull market is born in pessimism

Bull market grows in skepticism

Bull market matures in optimism

Bull market dies in euphoria

For medical gloves it is now near euphoria or past euphoria?

For palm oil it still at the stage of skepticism as many analysts are still neutral on cpo bull run

Calvin likes best where the road is less traveled

So all in palm oil!!!
18/11/2020 7:47 AM
calvintaneng Where is mickey mouse?
18/11/2020 8:57 AM
calvintaneng https://www.foodnavigator-asia.com/Article/2020/11/24/Palm-oil-in-China-Consumption-growth-expected-in-food-sector-as-government-moves-to-phase-out-GM-soybean-oil
25/11/2020 12:32 AM
calvintaneng Oct and Nov 2020 almost over and Cpo also range from Rm3200 to Rm3300

Fgv will report a fantastic Qtr result in Feb 2021

and price still so lagging so time to buy more now
26/11/2020 11:21 AM


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