Highlights
KLSE: FGV (5222)       FELDA GLOBAL VENTURES HOLDINGS BHD MAIN : Plantations
Last Price Today's Change   Day's Range   Trading Volume
1.15   -0.04 (3.36%)  1.15 - 1.19  2,651,700
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Technical Indicators

Date: Sep 30, 2020 Price: 1.15

Simple Moving Average
10 20 30 40 50 60 90 120 200 250
SMA 1.22 1.212 1.205 1.19 1.198 1.175 1.136 1.071 1.145 1.139
Variance -0.07 -0.062 -0.055 -0.04 -0.048 -0.025 0.014 0.079 0.005 0.011
Variance(%) 6% 5% 5% 3% 4% 2% 1% 7% 0% 1%
**Variance - Comparison between stock price and moving average.
Exponential Moving Average
10 20 30 40 50 60 90 120 200 250
EMA 1.198 1.202 1.198 1.189 1.179 1.169 1.145 1.136 1.121 1.119
Variance -0.048 -0.052 -0.048 -0.039 -0.029 -0.019 0.005 0.014 0.029 0.031
Variance(%) 4% 4% 4% 3% 2% 2% 0% 1% 3% 3%
**Variance - Comparison between stock price and moving average.
Relative Strength Index
9 14 25
RSI 32.353 48.00 47.297
**>70 is overbought while <30 is oversold.
William %R
9 14 25
%R -100.00% -88.00% -88.00%
**>-20 is overbought while <-80 is oversold.
Money Flow Index
9 14 25
MFI 54.30 61.423 65.033
**>80 is overbought while <20 is oversold.
Rate of Change
21 63 125 250
ROC -6.504% 15.00% 38.554% 27.072%
**>8% is overbought while <-8% is oversold.
Percentage Price Oscillator
5,35,5 12,26,9
PPO -0.754 -0.083
Signal 0.621 0.719
Variance -1.375 -0.802
Variance(%) 221% 112%
**Variance - Comparison between PPO and signal line.
Moving Average Convergence-Divergence
5,35,5 12,26,9
MACD -0.009 -0.001
Signal 0.008 0.009
Variance -0.017 -0.01
Variance(%) 212% 111%
**Variance - Comparison between MACD and signal line.
Stochastic Oscillator (Fast)
14,3 18,9
%K 12.00 12.00
%D 25.333 38.185
**%D >80 is overbought while %D <20 is oversold.
Stochastic Oscillator (Slow)
14,3 18,9
%K 25.333 38.185
%D 28.889 49.822
**%D >80 is overbought while %D <20 is oversold.
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  29 people like this.
 
strattegist green.... meowwwwwwwwww
25/09/2020 3:48 PM
MuttsInvestor Soyabean chart shows that the Soyabean momentum remains within the Bollinger Band. And above the 990 support level. Currently at 1002. If this is kept for another 1 to 2 days ........... Soyabean prices are going to Firm Up. So ..... Hopefully CPO will also recover its recent LOSSES.
25/09/2020 10:53 PM
Flyinghorse https://www.thestar.com.my/business/business-news/2020/09/26/cpo-futures-likely-to-trade-higher-next-week

Next week back uptrend ?
26/09/2020 2:20 PM
Mabel Asian equities ended broadly higher on Friday due to the US stimulus package proposed by the Democrats on Thursday.

In addition, Soyabean chart shows that the Soyabean momentum remains within the Bollinger Band. And above the 990 support level. Currently at 1002. If this is kept for another 1 to 2 days, Soyabean prices are going to Firm Up. So CPO will also recover from its recent LOSSES.

I'm so excited...

https://www.youtube.com/watch?v=sS6eUIpwwds

Meow
26/09/2020 6:57 PM
Hidup_Anwar GRS even win majority is too small and CM still yet to name.
28/09/2020 9:16 AM
strattegist stable
28/09/2020 9:33 AM
strattegist sustain
28/09/2020 11:49 AM
Mabel Rebound...
28/09/2020 12:21 PM
strattegist meowww
28/09/2020 12:22 PM
strattegist sustain
28/09/2020 3:46 PM
strattegist closed green
28/09/2020 5:28 PM
strattegist sawitdikapppppp
29/09/2020 8:25 AM
Mabel Meow Meow Meow
29/09/2020 8:47 AM
strattegist meowww
29/09/2020 11:39 AM
dam82 https://www.thestar.com.my/opinion/letters/2020/09/29/a-new-deal-for-felda
29/09/2020 1:48 PM
Hidup_Anwar Talk so long no use.
29/09/2020 3:27 PM
strattegist aiyooooooooo
29/09/2020 5:16 PM
Mabel CPO prices has bottom out at RM2757 at up again at RM 2822s level .., price firming uptrend.

Malaysian has Become the Top Palm Oil Supplier to China (Malaysia even beat Indonesia World No 1 Palm Oil Producer)

Malaysia’s palm oil exports to China increased by 31.9% or 316,400 MT over last year to 1.31 million MT from January to June 2020, while Indonesia shipped 1.28 million MT of PO to China, decreased by 42.7% or 956,400 MT. As a result, PO market share commanded by Malaysia in China up to June this year rose from 30.7% held last year to 50.3%, and Indonesia’s share slid to 49.2% from 69.2% for the same period in comparison. Malaysia has become the top PO supplier once again since 2015.
29/09/2020 10:15 PM
Mabel There are several risks factors on any Plantation earnings estimates, price target and rating. Key risks to the palm oil sector are:

(i) weather anomalies resulting in poorer-than-expected output growth -*Let's hope for a good weather the next coming 3 months*.

(ii) lower than-expected CPO price achieved – *On Target and currently CPO is Up trending*

(iii) negative policies imposed by import countries – *Positive*. The exemption of CPO export duty by the government of Malaysia till Dec 2020 will be positive for CPO exports (especially to India) and will help support CPO price which is expected to be under pressure in 3Q20 due to the anticipated stockpile build-up amid seasonal production recovery

(iv) unfriendly policies imposed by the Malaysian and Indonesian government on upstream or downstream segments – *Already factored on India’s move to restrict the importation of refined palm oil*. This will result in quicker build-up of MPOB stockpile when output recovers from 2Q20, and cap CPO price upside

(v) sharply lower crude oil prices which makes palm biodiesel demand not viable – *Brent has already breached USD 40*

(vi) weaker competing oil prices (like soybean and rapeseed- *On Target*. Alternative Oil Prices is on the rise which make Palm Oil very attractive.

Meow Meow Meow
30/09/2020 8:33 AM
strattegist maintain
30/09/2020 9:31 AM
confidential https://www.theedgemarkets.com/article/special-task-forces-report-felda-issues-ready-tabling
rise and shine?
30/09/2020 10:21 AM
strattegist stable
30/09/2020 10:45 AM
Mabel It should rise...more support from the Government...
30/09/2020 11:50 AM
Mabel THE HISTORY OF MABEL PALM OIL

The Palm Oil, whose scientific name is Elaeis guineensis Jacq, originates from West Africa. It were first brought into this country by the British in the 1870’s as an ornamental plant in their gardens. However, other countries were already familiar it and its uses. Among the earliest evidences of its usage were
• Traces of my ancestors found in burial urns aged 5000 years in Abydos, Egypt
• The barter of palm oil for salt centuries ago
• A lubricant for engines and in the manufacture of candles, soap and margarine in Europe during the 19 th century.

Palm Oil started to make Malaysia its home on a large scale in the 1960’s. This started when the Malaysian Government introduced a land cultivation scheme for the purpose of planting oil palm trees.The purpose of this scheme was to eradicate poverty and raise the standard of living for the rural population. Today, palm oil grows and flourish in palm oil plantations which can be found throughout the country, from Perlis to Sabah.
30/09/2020 12:16 PM
Mabel Rubber Glove, the next money maker for MALAYSIA after CPO soon. CPO is trading at RM2915. Cost for FGV Farmers is RM 1500..Fantastic Profits!

This is one of the reasons why Miss Mabel is collecting FGV. FGV has both.. Palm Oil and Rubber Plantations..

https://www.thestar.com.my/business/business-news/2020/09/30/rising-rubber-a-rival-for-palm-oil
30/09/2020 12:40 PM
strattegist meowww
30/09/2020 1:50 PM
dam82 Privitize 2 also can
30/09/2020 3:40 PM
strattegist oscillating
30/09/2020 4:38 PM
Mabel Looks like 1.50 is still a moist dream..

Meow
30/09/2020 6:53 PM
wehcant US to block imports from Malaysia's FGV. GG
https://www.theedgemarkets.com/article/us-block-imports-malaysias-fgv
30/09/2020 9:37 PM
dam82 useless piece of shit ..did not expect this ... with the new management but l doubt FGV import much to US ..
30/09/2020 9:47 PM
Selina888 Hopeless counter.......investors , retailers, punters etc also shy away.
30/09/2020 9:50 PM
dam82 can expect to go below 1 soon
30/09/2020 10:00 PM
Miche87 habis la.. gg.com tmr
30/09/2020 10:02 PM
dam82 esok close eye don't see .... useless management to be honest never expected this .. again
30/09/2020 10:09 PM
Mabel https://www.theedgemarkets.com/article/us-block-imports-malaysias-fgv FGV is the latest casualty. Where is our Agricultural Minister? What's keep him busy these days? Why is he not visible like Teresa Kok?
30/09/2020 10:20 PM
dam82 can't comment much its very obvious these FGV Management still not competent ... sure blood bath 2morow ...
30/09/2020 10:27 PM
rezzare Olin liao
30/09/2020 10:29 PM
Lord B India is the largest importer of palm oil from fgv..followed by China and EU countries. This isnt exactly a major hit to FGV
30/09/2020 10:36 PM
memorylane Actual impact for US export might be small... but this news is big enough in this sensitive period... probably limit down tomorrow...
30/09/2020 10:47 PM
memorylane Still remember what happen when top glove being blocked in US... actually the business impact is minimal, but the news sent the stock price down so much ....
30/09/2020 10:48 PM
Mabel Very good observation guys...

Thank you!
30/09/2020 11:19 PM
gemfinder Another common malay management company. Bankrapt soon
30/09/2020 11:33 PM
Mabel The best thing to do is to close rank and shape up the country...

Another thing I like to touch upon is Palm Oil is actually good for environmental. However the West feels threatened with our Palm Oil competitiveness. This is where our Agricultural Ministry has to steps in to play their role Teresa Kok did an excellent job during her time to diffuse this myth. Palm Oil prices was trading above RM 3500 during her time. I wonder what keeps our Agricultural Minister busy these days?

Meow
30/09/2020 11:43 PM
ming Soybean rebound so much finally.. but come out this news.. alamak
01/10/2020 12:06 AM
Lord B The business is still solid. We hear such sanction or blockage all the time. Just like how US placed plenty of anti dumping laws across the world. If the PO is small then the impact is minimal. Just like did everyone just throw away GENM? Their business dropped about 80% though.way worse than this impact yet GENM is still above Rm2.
01/10/2020 1:10 AM
supersaiyan3 U.S. Blocks Palm Oil Imports From One of the Top Producers
By Elizabeth Elkin
September 30, 2020, 11:53 PM GMT+8 Updated on October 1, 2020, 1:12 AM GMT+8

Customs agency will detain palm oil made by Malaysia’s FGV
Order comes as the company faces forced-labor allegations


The U.S. has blocked imports of palm oil and palm oil products from Malaysia’s FGV Holdings Bhd., one of the world’s largest producers.

Shipments from the company and its subsidiaries will be held back at all ports of entry effective Wednesday, the U.S. Customs and Border Protection said in a statement. The order is based on what American authorities say is information that “reasonably indicates” the use of forced labor.

The move is the latest blow to the palm oil industry after the spread of the coronavirus shuttered restaurants, curbing demand for cooking oil. That comes after a spat between Malaysia and India hurt trade and companies grappled with smaller supplies.

The order is the result of a yearlong investigation that revealed labor abuse of vulnerability, deception, restriction of movement, isolation, intimidation and physical and sexual violence, according to the customs statement. Malaysia is the second-biggest shipper of palm oil to the U.S.

In a Sept. 26 statement, FGV said it’s fully committed to respecting human rights and upholding labor standards.

The global palm oil deficit is only likely to amplify after 2025 due to inadequate replanting in recent years and biodiesel mandates in Malaysia and Indonesia, according to Rabobank research.

In 2019, $441 million worth of tropical oils were imported to the U.S. from Malaysia, much of that being refined palm oil, according to U.S. Department of Agriculture data. Through the first seven months of 2020, the volume of such shipments was down 15%.

FYI
01/10/2020 4:55 AM
5354_ US use so much palm oil not soy bean? How about forced labour in TopGlove?
01/10/2020 5:17 AM
Mikecyc Refer to MPOB : 2020 Jan to August

export to U.S.A is 387,347 MT

export to China is 1,842,142 MT vs 2019 1,395,697 MT : + 32 %

export to India is 1,176,274 MT vs 2019 3,597,563 MT : - 67.3 %
01/10/2020 6:17 AM
Calvin882 The impact is huge. It impacts not only the volume FGV export to US. FGV also selling to other palm oil companies like Sime Darby, IOI, KLK etc. This may result in other companies forced to suspend buying from FGV. Even many companies in China or India are owned by US companies and may suspend buying too.
01/10/2020 6:42 AM


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