THE INVESTMENT APPROACH OF CALVIN TAN
FGV (5222) FANTASTIC RESULT OUT. 3.8 SEN THIS QTR. ANNUALIZED 15.2 SEN. IF P/E 30 THEN RM4.56, Calvin Tan Research
calvintaneng
Publish date: Tue, 17 Nov 2020, 01:56 PM
calvintaneng
0 1,801
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
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 |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
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!?
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Discussions
Be the first to like this. Showing 11 of 11 comments
think so easy meh. this guy here con retailer no.1. so easy calculate value.
2020-11-17 14:15
TQ MR CALVIN FOR SHARING SUCH WONDERFUL ARTICLE. BOUGHT 100 LOT 1.21 AND SOLD 1.25, GAIN 3.2K FREE MONEY..
2020-11-17 15:06
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!!
2020-11-17 15:28
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!!!
2020-11-18 07:47
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
2020-11-26 11:21
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Dont think so.. but i love it xD
2020-11-17 14:03