Highlights
KLSE: FGV (5222)       FELDA GLOBAL VENTURES HOLDINGS BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
1.34   +0.07 (5.51%)  1.25 - 1.36  67,570,600
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Annual Report

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[1] Click the View Annual Result icon table to view the annual result page.

Financial Year Annual Audited Account Annual Report View
Ann. Date Ann. Date
31-Dec-2019 28-Apr-2020 View Annual Result
31-Dec-2018 29-Apr-2019 View Annual Result
31-Dec-2017 30-Apr-2018 View Annual Result
31-Dec-2016 26-Apr-2017 View Annual Result
31-Dec-2015 20-Apr-2016 28-Apr-2016 View Annual Result
31-Dec-2014 29-Apr-2015 25-May-2015 View Annual Result
31-Dec-2013 30-Apr-2014 03-Jun-2014 View Annual Result
31-Dec-2012 30-Apr-2013 04-Jun-2013 View Annual Result
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  29 people like this.
 
8888_ Who make FGV >RM 2; I support the govn. PN boleh?
18/09/2020 10:33 AM
strattegist sustain
18/09/2020 10:44 AM
8888_ Taking FGV private an ‘option’
https://klse.i3investor.com/blogs/call/2020-09-18-story-h1513554533-Taking_FGV_private_an_option.jsp
18/09/2020 10:47 AM
minher The offer price likely will be the FGV IPO price RM4.55
18/09/2020 10:54 AM
chkhooju NONSENSE.
18/09/2020 11:11 AM
dam82 why nonsense buy below penny stock delist 2 good deal mah ..
18/09/2020 11:16 AM
drago_7 Going up
18/09/2020 11:20 AM
Sabahan8 FGV>1.8 next week we vote PN on 26th Sep.
18/09/2020 11:22 AM
Sabahan8 1.61 FGV 509 we rejected BN can PN give more?
18/09/2020 11:23 AM
Sabahan8 FGV CPO estates many in Sabah how can no concern?
18/09/2020 11:25 AM
strattegist green
18/09/2020 11:36 AM
strattegist good green
18/09/2020 11:37 AM
strattegist sawit hijau
18/09/2020 11:37 AM
strattegist meowwwwwww
18/09/2020 11:41 AM
KAQ4468 peewwiittttt
18/09/2020 11:42 AM
dusti Time to take profit. Too many bullshitters around
18/09/2020 11:43 AM
Warisan 1.5-2 no hope? Let Warisan Plus rule.
18/09/2020 11:54 AM
Warisan PN jaga gloves not CPO counters?
18/09/2020 11:59 AM
Warisan Rubber no can produce gloves?
18/09/2020 11:59 AM
Gtrade Dulu hujan emas di saham sarong
Dan hujan batu di ladang sawit
Jgn kecil hati adik adik
Ribut Emas dah muncui di ladang sawit
18/09/2020 12:00 PM
minher New report should solve Felda’s problems

Majlis Permuafakatan NGO Felda says it is crucial to include privatisation of FGV as part of PN’s overhaul strategy

by ALIFAH ZAINUDDIN / pic by TMR FILE

THE government is expected to release the eagerly-awaited report on the Federal Land Development Authority (Felda) next month, following its handing over to Prime Minister (PM) Tan Sri Muhyiddin Yassin in August.

Minister in the PM’s Department (Economic Affairs) Datuk Seri Mustapa Mohamed recently said the report, which he described as a follow-up to the Felda White Paper tabled in Parliament last year, will contain a model to improve Felda’s accounts and ease debts owed by settlers.

Mustapa said the report would also include a plan to raise Felda’s palm oil output from its current production level of between 19 and 20 tonnes per acre per year to 25 tonnes per year.

Majlis Permuafakatan NGO Felda chairman Datuk Mazlan Aliman said it is crucial to include the privatisation of Felda’s listed arm FGV Holdings Bhd as part of the current administration’s overhaul strategy.

He said any plan to help Felda recover will not take shape without the return of some 360,000ha land, which currently is under FGV.

Prior to FGV’s listing in 2012, Felda’s net income stood as high as RM1.1 billion with revenue going up to RM5.9 billion from 2007 until 2011.

Felda has since been in the red with a massive RM5.7 billion net loss in 2018, while turnover continues to hit below the RM2 billion mark.

Felda currently receives a fixed annual payment of RM250 million from FGV, plus 15% share of profits as part of a 99-year land lease agreement signed by both parties in 2012.

“It is not enough. Felda’s annual expenses amount to billions of ringgit each year and the government will not be able to sustain this.

“This new plan must include a way to take FGV private so that the land can be returned to Felda, along with the 68 mills it owns. If not FGV, where else are we supposed to get an income?” Mazlan told The Malaysian Reserve.

According to the White Paper, the bulk of Felda’s expenditure from 2007 to 2017 were on state contributions and financing settlers at RM13.1 billion, while management costs amounted to RM2.7 billion over the 10-year period. In 2017 alone, total expenses stood at RM5.3 billion.



Concerns on taking FGV private, however, lie in its cost, which could go up to about RM15 billion to RM20 billion given its initial public offer reference price of RM4.55 per share.

“The government cannot say there is no money to spend when they’ve pumped billions of ringgit into Malaysia Airlines Bhd numerous times. Even if it costs a lot to take FGV private, it would help Felda and the government in the long term,” Mazlan said.

He said the Group Settlement Areas Act 1960 should also be reviewed to recognise and incorporate new generation settlers.

The Institute for Democracy and Economic Affairs in a recent paper titled “Structural Changes and the Prospect for Felda” outlined key recommendations which should be included in Perikatan Nasional’s (PN) plan.

The report’s co-author Prof James Chin said the government should look at allowing Felda to be run like a real private company competing with the private sector players.

“As it stands now, there is much government interference and they rely on government support and protection if things go wrong. This mentality must stop if Felda is to survive in the long run.”

Co-author Nur Zulaikha Azmi said the government should readjust its strategy as the current model no longer suits Felda.

“The new Felda should diversify into cash crops and livestock replacement programmes, as well as increase settlers’ participation in management level activities to create more attractive job opportunities for the settlers.”

Felda could also offer incentives such as a capital scheme for younger generation start-ups and subsidies for technology adoption to attract new generation settlers into plantation activities.

Nur Zulaikha said Felda should dispose of assets and companies in unrelated and unprofitable sectors, and focus on a strategy to streamline innovation and upgrading efforts.

“This will take time, but a sustainable strategy and commitment to an implementation timeline are required.”
18/09/2020 12:03 PM
strattegist green sawit
18/09/2020 12:12 PM
strattegist good green
18/09/2020 12:17 PM
Gtrade Hujan emas di sector sarong
Dan hujan batu di ladang sawit
Jgn kecil hati wahai pekebun Felda
Hujan emas datang terpekik pekik
18/09/2020 12:35 PM
dam82 need to breach 1.5 lor before uptrend
18/09/2020 2:03 PM
strattegist pelan pelan kayuh.... green
18/09/2020 2:16 PM
strattegist sustain green
18/09/2020 2:54 PM
strattegist oscillating well above 1.30 ....green
18/09/2020 2:58 PM
Shadows Nice move and wait you at 1.70 before to 2.0
18/09/2020 3:34 PM
CUTLOST Go go.. Rm1.50 soon
18/09/2020 3:51 PM
strattegist beautiful green
18/09/2020 4:05 PM
strattegist chun chun green
18/09/2020 4:06 PM
Mabel Meowwwwwwwwwwwwwwwwwww....
18/09/2020 4:10 PM
Mabel Harga Sawit naik lagi
RM 3100 dah tentu mari
Isteri pelabur senyum senang hati
Menyanyi tak berhenti henti

Meow Meow Meow
18/09/2020 4:11 PM
strattegist manyak untongggg wohhhhhhh
18/09/2020 4:11 PM
KAQ4468 syiokkkkk wooooooo
18/09/2020 4:13 PM
strattegist kajang pak malau kajang berlipat
kajang hamba sawit bersawit
dagang pak malau dagang bertempat
dagang hamba manyak buat duit

yahoooooooooooo...sawitttttttt
18/09/2020 4:14 PM
Mabel Hujan Emas Glove sedang bekembang
Hujan Emas Vaccine mula nak jadi
Hujan Emas Bandar Malaysia mula di sembang
Hujan Emas Sawit sudah berbunga berseri seri

Meow Meow Meow
18/09/2020 4:29 PM
strattegist meowwwwwwwwww
18/09/2020 4:34 PM
strattegist closed green
18/09/2020 5:17 PM
strattegist strong volume
18/09/2020 5:17 PM
MuttsInvestor If ..FGv wants to "FLY and Become " what it DREAM to become....... Let a Chinese Company with Agricultural Expertise ( There are Many) , TAKE over as 51% stake ( Like PROTON ). Remove the Political and Corrupt officers within it Organization and Operations. ............ Proven Formule. Question is ...Will LTAT have the BALLS to do so.
18/09/2020 8:12 PM
lee_m2020 if privatised, the offer price might not favour shareholders... a few counters already had that experiences.
18/09/2020 8:24 PM
lee_m2020 better not privatised, better bring in powerful mgnt team..
18/09/2020 8:25 PM
James Ng https://klse.i3investor.com/blogs/general/2020-09-18-story-h1513558282.jsp
[转贴] [Video:浅谈FGV HOLDINGS BHD, FGV, 5222] - James的股票投资James Share Investing
18/09/2020 9:20 PM
Rob88 Today CPO traded RM3068.00 up 3.13%. FGV is top 15 volumes today. Next week will be very interesting bcos China continues to by our our palm oil apart from India. If the trend continues expect FGV to trade at RM1.50 - RM1.70 next week.
18/09/2020 10:29 PM
jk20598 fgv Sudah marah,8.7m roadblock at 1.35 bulldozed through like nothing,big fund buying,operators pun cepat lari!
18/09/2020 10:49 PM
Mabel @Rob88 Today CPO traded RM3068.00 up 3.13%. FGV is top 15 volumes today. Next week will be very interesting bcos China continues to by our our palm oil apart from India. If the trend continues expect FGV to trade at RM1.50 - RM1.70 next week.
18/09/2020 10:29 PM

I really love this....

Given today's volume which like my Fantastic Four Glove Volume, I believe we can achieve the target price you mention. This week acquisition by Big Funds...

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 17-Sep-2020 Acquired 1,138,200
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 15-Sep-2020 Acquired 1,942,700

Hujan Emas Glove sedang bekembang
Hujan Emas Vaccine mula nak jadi
Hujan Emas Bandar Malaysia mula di sembang
Hujan Emas Sawit sudah berbunga berseri seri

Meow Meow Meow
18/09/2020 10:59 PM
strattegist meowwwwwwwwww
18/09/2020 11:40 PM
henry888 @strattegist..good morning..change of government from PH to PN is better for FGV. price in upward trajectory mode. huat all the way...
19/09/2020 9:43 AM


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