Highlights
KLSE: FGV (5222)       FELDA GLOBAL VENTURES HOLDINGS BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
1.35   +0.02 (1.50%)  1.32 - 1.35  1,688,800
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Overview

Market Cap: 4,925 Million
NOSH: 3,648 Million
Avg Volume (4 weeks):6,058,888
4 Weeks Range:1.30 - 1.35
4 Weeks Price Volatility (%):
100.00%
52 Weeks Range:0.715 - 1.37
52 Weeks Price Volatility (%):
96.95%
Average Price Target: 1.20
Price Target Upside/Downside: -0.15

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  17-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  28-Feb-2021
T4Q P/E | EY: 54.19  |  1.85%
T4Q DY | Payout %: 1.48%  |  80.28%
T4Q NAPS | P/NAPS: 1.13  |  1.19
T4Q NP Margin | ROE: 0.00%  |  2.20%

Headlines

Date Subject
16-Feb-2021 Maybank IB extends closing date for acceptance of FGV acquisition to March 2
16-Feb-2021 Closing date for acceptance of FGV acquisition extended
15-Feb-2021 Felda buys 857,300 more FGV shares from open market
15-Feb-2021 PublicInvest Research Headlines - 15 Feb 2021
15-Feb-2021 Mplus Market Pulse - 15 Feb 2021
11-Feb-2021 Plantation - Low Stockpile to Remain
09-Feb-2021 Accept offer and invest elsewhere, FGV minority shareholders told
08-Feb-2021 FGV小股东应接受全购献议吗?
08-Feb-2021 Senate Caucus: Felda’s takeover of FGV should take into account settlers’ interests
04-Feb-2021 Felda acquires additional 4.63 million FGV shares from open market
01-Feb-2021 FGV: To accept or not to accept … that is the question By Devanesan Evanson
01-Feb-2021 是否接受FGV全购?/MSWG
26-Jan-2021 FGV Holdings - Expensive
26-Jan-2021 Plantation - A taxing issue for planters
25-Jan-2021 CGS-CIMB says in favour of accepting Felda’s takeover offer for FGV shares
25-Jan-2021 PublicInvest Research Daily - 25 Jan 2021
22-Jan-2021 Felda buys 9.97m more FGV shares from open market
21-Jan-2021 Mplus Market Pulse - 21 Jan 2021
20-Jan-2021 Mplus Market Pulse - 20 Jan 2021
18-Jan-2021 Mplus Market Pulse - 18 Jan 2021

Business Background

Felda Global Ventures Holdings Bhd operates an agri-business conglomerate, and specializes in oil palm plantations and refineries, rubber production, and sugar products. It is one of the world’s largest crude palm oil producers, and has extended plantation operations through multiple acquisitions in Southeast Asia. The refineries produce vegetable oils, biodiesels, fats, and other fast moving consumer goods. Rubber plantations and processing facilities are utilized for green rubber production that can be sold to customers who develop tires, seals, tubes, and other products. Also, the company has expanded to distributing raw and refined sugar through its subsidiaries.
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  32 people like this.
 
PunTatBerSiul Goalpost shifted for their benefit??
23/02/2021 7:34 PM
Laiks1970 Abdul Wahid bin Omar is the non-executive chairman of Bursa Malaysia since 1 May 2020.

Tan Sri Abdul Wahid Omar, chairman of the special task force on Felda
23/02/2021 8:49 PM
dam82 don't sell ... look at CPO price ..
23/02/2021 10:12 PM
Mabel Can you share the link of the announcement?

Another U turn ka?
23/02/2021 11:29 PM
strattegist enjoy good breakfast... have a cup of coffee
24/02/2021 7:56 AM
EVO118 Bursa to consider applications for lower public shareholding spread at 15%-20%.
https://www.theedgemarkets.com/article/bursa-consider-application-lower-public-shareholding-spread-15
24/02/2021 9:47 AM
mikeazk So is lowering good or bad for retailers?
24/02/2021 11:26 AM
EVO118 Why would you accept a price lower than the market going price?
24/02/2021 11:38 AM
EVO118 https://www.youtube.com/watch?v=erOE-vb5LQs
24/02/2021 11:44 AM
mikeazk Sorry how does lowering public shareholding spread equates to accepting a lower market price?
24/02/2021 11:50 AM
newbie5354_ Drop today meaning is bad news because FGV will remain listed?
24/02/2021 1:27 PM
newbie5354_ U-turn policy why nobody complain?
24/02/2021 1:28 PM
Mabel Please complain and keep writing...from the above link it is also stated that..

"The public spread amendments will promote greater transparency, as well as regulatory clarity and certainty on the policy considerations by the exchange in accepting a lower public spread.

"Notwithstanding the above, eligible listed issuers, and those granted with a lower public spread are strongly encouraged to maintain at least 25% public spread to promote wider participation of investors and a more liquid market," Bursa said.
24/02/2021 2:15 PM
EVO118 It's got to do with the minimum required holding of shares. Refer to Mabel's posting:


Stock: [FGV]: FELDA GLOBAL VENTURES HOLDINGS BHD

Feb 12, 2021 7:06 PM | Report Abuse

Assuming sunday information are in order since it's coming from Maybank IB, here are the milestone for Felda to take it private.

1. Over 50% - a mandatory offer ceases to be conditional;

2. 75% - holder can ensure special resolutions are passed;

3. Over 75% - the minimum public floating required for companies listed on the stock exchange may not be satisfied;

4. 90% - generally, confers the ability to compulsorily acquire the remaining shares in the target company;

5. Over 90% - trading of the shares may be suspended by the stock exchange. The shares may also be de-listed by the stock exchange.

Hope this help. They only got 4 days to go.
24/02/2021 2:17 PM
EVO118 This is Malaysia . Everything "BOLEH" if you want it. Just like the new SPV for the 5G spectrum, opportunity for more corruption and absolute waste of funds.
24/02/2021 2:24 PM
EVO118 Same old corrupt politicians seeing an old opportunity. We will set up a govt dept, theyall hve to come to us individually. Well you look after me , I will look after you. " EASY - IT'S BEEN DONE BEFORE - ASK NAJIB."
24/02/2021 2:34 PM
strattegist relax and cool
24/02/2021 3:00 PM
strattegist very thinly traded today..
24/02/2021 3:01 PM
strattegist relax and cool
24/02/2021 4:57 PM
Mabel Substantial Shareholder's Shareholding - FELDA on 24-Feb-2021

Total no of securities after change
Direct (units) 2,192,569,688
Direct (%) 60.10
Indirect (units) 452,921,192
Indirect (%) 12.42
Total (units) 2,645,490,880
Total (%) 72.52
Date of Notice 24-Feb-2021

Total (units) by Felda Team is 2,645,490,880 shares
Total (%) 72.52%

Total (units) by Private Investors Team is 1,002,509,120
Total (%) by Private Investors 27.48%

Felda has 3 more trading days to go

Meow
25/02/2021 8:24 AM
EVO118 Mabel. Thanks for the update.
25/02/2021 8:33 AM
Mabel My pleasure EVO...

Hope they keep it listed. Felda still have to gain since now they have a bigger stakes.

Work in Team with all the shareholders just like DNEX. It's a WIN WIN situation for everyone.

Everybody prospers. Always remember, None of us is as smart as all of us.

Meow
25/02/2021 8:48 AM
csan those trying to "fight" for higher price...thinking may be twisted. first of all, you have to ask yourself this question - what caused the share price to fall from IPO price of RM4.55 to RM1+ ?? The answer is mismanagement and corruption. and that happened when Felda didn't even have controlling stake. now imagine with 72% stake, Felda has total control...they can do what they want. If Wahid is still there to manage Felda, that's fine. The minute they change it to a politician, these dissenting shareholders will regret it big time.
25/02/2021 8:52 AM
strattegist relax and cool
25/02/2021 9:40 AM
Mabel No lah...as the saying goes, once bitten twice shy..

All the corruptors and miss management are already taken care off..

Ride on the CPO..

Summing up on FGV

The term Economic MOAT popularized by Warren Buffett, refers to a business' ability to maintain competitive advantages over its competitors in order to protect its long-term profits and market share from competing firms.

FGV has these MOAT...

1. FGV is the 3rd largest producers of Crude Palm Oil (CPO) in the world

FGV Palm Upstream business is the largest revenue generator and forms the core of the FGV Group. We manage a total land bank of 439,725 hectares in Malaysia and Indonesia, producing approximately 3 million metric tonnes (MT) of CPO annually. In Malaysia, we have 197 estates located in Selangor, Perak, Pahang, Negeri Sembilan, Johor, Terengganu, Kelantan, Sabah and Sarawak. Meanwhile in Indonesia, our plantation activities are focused in 5 estates located in Central and West Kalimantan. Currently, FGV owns 68 mills across Malaysia, processing over 14 million MT of Fresh Fruit Bunches (FFB) annually, where two-thirds of the FFB are sourced from FELDA settlers and independent smallholders.

2. Trading all over the World

We deliver vegetable oils, processed palm oil and lauric oil to local markets and 200 export destinations such as China, Pakistan and India

3. Palm Oil Downstream

FGV flagship household brand SAJI, has a domestic market share of 34% in the cooking oil segment and has successfully penetrated the cooking oil market in Myanmar, Philippines, Laos, Cambodia, Vietnam and Afghanistan.

4. Rubber Industries

FGV Rubber Industries is one of the largest SMR producers in Malaysia with four factories in Malaysia, latex concentrate factory in Thailand and Cambodia. 60,000 hectares of Plantations. Clients include world-class and global tyre manufacturers such as Michelin, Continental, Bridgestone, Kumho, Goodyear, Giti, Toyo Rubber

5. Renewal Energy

World’s only palm plantation company with 28 biogas plants and first to develop a palm based Bio-Compressed Natural Gas (Bio-CNG) plant

6. World Class Logistics

One of the world’s largest bulking/storage business possesses and modern storage facilities for edible oil with a total capacity of more than 900,000 MT through our 12 liquid terminals located in Malaysia, Indonesia and Pakistan.

7. Integrated Farming

In FGV, Integrated Farming leverages on the palm-based circular economy that taps into the lucrative synergies presented by the Group’s extensive palm oil operations. The business components for Integrated Farming include cash crops, paddy and rice, animal nutrition and protein, livestock and dairy farming.

8. Sugar Business

MSM’s annual production capacity reaches 2.25 million metric tonnes of refined sugar for the domestic and export markets. In 2019, MSM produced 1,073,888 tonnes of refined sugar, of which about 83,341 tonnes are catered for the export market.

9. Research and Development

FGV owns one of the largest oil palm research centres in Southeast Asia, positioning itself as the leader of innovation and scientific research in the oil palm industry.

10. Hugh Land Banks

439,725 hectares of Palm Oil Land and 60,000 hectares of Rubber Land that has low book value compare to the current market rate. Hugh Lands which cut across ECRL and HSR Routes.

11. Potential right back RM 700 million from APL ventures.

12. Soon CPO will hit RM 4500

These are potential boosters to support FGV value. That's why Mabel and FGV Supporters are here. FGV is Full of Golden Value..
25/02/2021 10:20 AM
Mabel Mabel will not add anymore...

Now only waiting and goyang kaki, relax and stay cool, enjoying fresh pineapples juices from my FGV Plantation plus limau juices... like strattegist ...to reap our harvest..

Meow Meow Meow
25/02/2021 10:23 AM
Mabel Meanwhile Mabel Plantation IOI Corp Bhd posted a 66% increase in its net profit to RM355.7 million for the second quarter ended Dec 31, 2020 from RM213.5 million in the previous year’s corresponding quarter, benefiting from high crude palm oil (CPO) and palm kernel (PK) prices. Quarterly revenue grew 25% to RM2.45 billion from RM1.96 billion a year earlier. The group announced an interim single tier dividend of 4.5 sen per share. For the cumulative six-month period, IOI Corp said its net profit jumped 75% to RM633.6 million from RM362.5 million in the previous year, while revenue increased 32% to RM4.93 billion from RM3.73 billion.

Looking forward for fantastic announcement from FGV Results..

Meow Meow Meow
25/02/2021 10:37 AM
strattegist cool Mabel... meow meow meowwwww
25/02/2021 10:44 AM
jagapasar MSM posted net profit of RM56.24 million for the fourth quarter ended Dec 31, 2020, compared to net loss of RM40.28 million a year ago, due to higher overall margin and lower finance cost.

Revenue for the quarter rose 22% year-on-year to RM630.33 million from RM516.04 million.

Earnings per share jumped to eight sen from loss per share 5.73 sen previously.
25/02/2021 1:43 PM
25/02/2021 1:53 PM
davidkkw79 but FGV going to privatising soon at 1.30 right ?! how to up ?
25/02/2021 2:37 PM
dam82 .mid day robbery all should reject this takeover ..
25/02/2021 3:08 PM
strattegist relax and cool
25/02/2021 4:14 PM
dam82 i am relax bro ... sold most in FGV but still keeping some but this people taking us to ride ..
25/02/2021 4:58 PM
Mabel Fantastic closing FGV

Meow Meow Meow

I hear what you are saying dam82..
25/02/2021 5:06 PM
Mabel Two more trading days to go..

Let's hope they don't U turn and reextend again and again..

Meow
25/02/2021 5:09 PM
strattegist closed green... 1.35 ... yeahhhhhhh
25/02/2021 5:30 PM
Mabel Looks like the open market will dictate the FGV price movement after the QR..

Meow
25/02/2021 5:31 PM
strattegist Felda GO is a big joke... kikikiki
25/02/2021 5:32 PM
dam82 we should write to SC telling not to extend ..if they want to cancel LLA fine let them cancel lor ..
25/02/2021 6:12 PM
Mabel Mabel will only sell Mabel's shares at RM 2...

Meow
25/02/2021 6:24 PM
Mabel Yes, Please write to SC...

Meow
25/02/2021 6:24 PM
newbie5354_ Will tomorrow have another GO extension?
25/02/2021 7:08 PM
strattegist just stay relax and cool
25/02/2021 8:17 PM
Laiks1970 The Board wishes to announce that the Board had on 25 February 2021 received a notice from Maybank Investment Bank Berhad, on behalf of the Offeror, informing that the closing date and time for the acceptance of the Offer have been further extended from 5.00 p.m. (Malaysian time) on Tuesday, 2 March 2021 to 5.00 p.m. (Malaysian time) on Monday, 15 March 2021 (“Final Closing Date”). Save for the Final Closing Date, all other details and terms and conditions of the Offer as set out in the Offer Document remain unchanged.
25/02/2021 8:58 PM
MuttsInvestor Interesting. Logical that If No Extension .... FELDA would have sufficient Shares to Mount A Privatization. No they are STUCK with shares where they have exceeded the Tipping Point. If ..abandon Privatization there will be Repercussions to Felda. If ... Proceed with Privatization then Offer Price to Increase. Look out for Movement .
25/02/2021 9:54 PM
EVO118 After taking control of 76.32% of FGV, Felda extends offer period for last time.
https://www.theedgemarkets.com/article/after-taking-control-7632-fgv-felda-extends-offer-period-last-time
25/02/2021 10:10 PM
EVO118 Felda, FGV takeover sees final extension of offer date to March 15.
https://www.malaymail.com/news/money/2021/02/25/felda-fgv-takeover-sees-final-extension-of-offer-date-to-march-15/1952915
25/02/2021 10:19 PM
newbie5354_ If final extension still not enough 90% acceptance what will happen next?
25/02/2021 11:14 PM
mikeazk Hmm.. I notice Felda purchased FGV on 23-FEb but the lowest price on 23-Feb was RM1.32.. Does this mean Felda will now have to revise its price to the highest price they purchase in the market?
25/02/2021 11:47 PM


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