3 areas to work on:

1. Administrative cost
FGV CEO is working on this and it has bear some positive results in Q3 2016. 93 million lower yoy.

2. LLA fair value change
I have no idea on how they calculate this but if you notice anything above 100 million fair value change loss, FGV is bound to report a loss for that particular quarter. Dont believe me, check back those quarters that FGV reported profit and you would find that the LLA fair value change were much lower.

3. Loss from JV
In fact this isnt new in FGV. The JV has been making loss back in 2011, 2012 and 2013 before turnover to make profit in 2014 and 2015. And as of Q3 2016, the JV has made a loss of 45.2 million for a 9 months period. Whether it would make a bigger loss for 2016, remain to be seen.

Hence if the CEO continues to improve the administrative cost and scrap all those losing JV and manage its LLA better (I have no idea on how he gonna do this. Any accountant or finance guys can give more insights on this?), FGV can tail spin around its business. Well, this is purely based on their financial statement.
Of course FGV needs to work on its efficiency just like what Ring commented.

I already commented that Supermax is back to hibernation mood. Perhaps there could be movement after Fed meeting on 13-14 Dec. For now, just keep it aside.

Dec 2, 2016 01:57 PM | Report Abuse

Supermax is in hibernation mood now. Could be weeks or months until Trump comes to office in Jan 20.

Ring, i believe the forumer would like to know more about whether to buy or sell rather than the operation side of it. But thanks for your sharing that I know more on the operation side. I recalled last time there are a person who share on the La Nina effect on Palm Tree as well as the age profile of the tree and its yield which actually enhanced my knowledge more.

Appreciate your sharing on the plantation workers and supervision as that is new to me since I m not from plantation industry.

Market may be reacting to BNM latest Foreign currency conversion back to Ringgit and also the foreign reserve data due to be released today. All exporters are in a limbo for now.

Listed so can milk it like cow. Let Khazanah, KWAP, Tabung Haji to rescue it few times. That's how you siphon out the money from all these funds legally.

FGV isn't for fundamental play just like MAS back then. End of story. Don't need to justify why FGV business fails. All cronies business bound for failure afterall.

Posted By SJSOON
HELLO BUYWITHCONVICTION!
ARE YOU CRAZY?! YOU ARE VERY ANNOYING.

29/11/2016 13:50


Posted By ETMoney
Oct 26, 2016 09:23 PM | Report Abuse
Sick bwc pull me in again. Abuse others comments like usual. Shit

Posted By Takashi
22/10/2016 17:41
BWC...pls dun drag me in2 ur guys quarrel....

Investo forget to take medicine again. Since you have profited handsomely, do yourself a favour and go and see doc and get some medicine.

Sunrise88 quoting my previous comment without given me a reference?

What s the reason of blocking at 1.60? Something brewing or still in collection mood? The next catalyst to boost the price up is for the government to announce sugar price increase.

Supermax is in hibernation mood now. Could be weeks or months until Trump comes to office in Jan 20

http://mobile.reuters.com/article/idUSKBN13Q33W

Bird flu outbreak in Japan.

Seem Supermax gonna back to hibernation for some time now. All the money now flows to O&G counters due to the OPEC cut.

Agree with startup business that may need years to get back ROI. As for the contact lens business, Supermax actually bought it and get the operation and distribution running via its existing distribution network / supply chain. Hence, it s not really a ground zero startup. Hence, the ROI may be attained quicker.

If I m not mistaken, they have been building this new business since last year. Please correct me if i m wrong on this.

1.5 consider profit show??? this fella dropped from 2.3 to 1.44 within a month!

Still no quarterly results

Tomorrow PAU main topic would be about Felda.

I have doubt on The Edge after its false report on the steering committee last month. Up until now, it did not clarify back on this

But gov did not take action this round. Could it be instructed by the internal ppl instead to publish such rumours?

Btw DRB Hicom also same trend with FGV. Both these Glc counters dropped so much for the last 1 month with same rumor from The edge

All not verified at all.

The edge paper has declared war against FGV. First about the steering committee from Gov and now this 300 million impairment.

Abong it has trapped many ppl since from rm2.40.

FGV price goes up or down not based on FA but pure speculation and rumors/news from Gov, The Edge, not to named internal sources, etc. End of story. Don't waste your time on FA or TA. FGV still owe us 50 cents due to rumor from The Edge and Datuk Razali Ibrahim claim on Eagle High purchase which pushed down the price for nothing before the announcement of poor results of Felda Q3.

The more I see Investo comments, the more convince that Investo is either sick, depress or have some kind of psychological disturbance. Better seek professional medical help as the forum here won't be able to help you. This is for your own good. Nothing personal. I wish and hope you get well soon and be able to overcome your hallucination and wild imagination about organised gang/team here in i3investor having conspired to manipulate the market like George Soros and is coordinated to attack you tactically. Yoy must have been influenced by too much CIA Hollywood movies and alcohol.

Investo posting rubbish again. Hopeless fella that I tried to revive.

Here comes Investo copy n paste. Why you always post rubbish? Post something informative or your own analysis and opinions lah.

PAU??????

The only near term catalyst for FGV is government willing to raise sugar ceiling price. Raw sugar price has increased 40-50% and MSM is requesting for a 20-30% price increase.

CPO price now is rm2900++. However based on the report, FGV average selling price was rm2400++. That's y. They yet to sell CPO above RM2600 although Q2 and Q3 average price for CPO was around rm2600 based on MPOC website. There could be 2 quarters lag on their selling price. Could be bound by hedging perhaps. I have no idea

Merck, U see Airasia and FGV forum. Same there.

Hahaha. Hahahha.

Up until now my comment didn't get deleted. And being labelled as gang all this while is your pure imagination and u refuse to let go of it. From your response, I understand that you won't dare to do anything lah, not even to mention writing an email to FGV CEO. Just accept your loss lah at 2.18 and move on. No matter how many times n intense you complain here, you won't get back your money. Go and jaga your Airasia n Supermax forum lah. Ppl woukd complain your repetitive copy n paste there and u need to label ppl as gang and fraudsters again.

Why u always said let readers and admin to decide but at the end still copy n paste repetitively? More like not letting readers to decide but u yourself wanna keep emphasising it. I Malas to debate with u anymore, less later other ppl would say I very long winded and keep arguing. I wanna share my opinions instead of playing copy n paste with u. Signing off with my last debate with Investo but I cant guarantee that investo won't stop copy n paste.

Disclaimer: if u complain of investo copy n paste, you would be labelled as our gang n fraudster. So think twice b4 complain.

Well I did not ask ppl to buy. There is not a single word of 'buy'. Investo, Just vent your anger elsewhere since you entered at 2.18 instead of 1.80. If still unhappy, just write nasty letter to FGV CEO since he told the media that FGV will make better profit this year. Go and find all his media quote in the papers since u love to copy n paste a lot. Do something meaningful instead of keep being frustrated here. Laugh die me when I know ur win win plan finally not working.

Junichiro, I didnt notice your post as there are just too many post here in FGV. However, for the last 2 weeks, the price bounced back from 1.82 and hover above 1.90. How to apply your corrective waves down then? Besides, these two days drop was cause by the q3 results and fraud case and not due to technical correction.

Investo, you forgot to add that FGV bounced back to 1.94 -1.97 on 3rd Nov 2016 from 1.82 on 2nd Nov. I did not mislead ppl. Next it stayed around that range for almost 2 weeks b4 the weak results. That, no one has any idea except for the FGV management and BOD. Even FGV CEO keeps saying that FGV would post better results. You go and shoot him lah instead.

Posted by AdCool > Nov 2, 2016 11:02 AM | Report Abuse
U guys still don't get it. It is being pushed down for a purpose with all the coordinated unconfirmed news. Next, it going to rebound strongly with just a good news which the insiders already knew about it earlier.

Investo made loss now finding ppl to blame. No matter who u blame, you wont get back the money. Go and blame yourself lah or go to FGV HQ and ask for refund. Bought at 2.18-2.19. Now 1.56. 40% loss...

Posted by Investo > Oct 26, 2016 09:19 AM | Report Abuse X
Supermx no action. I wait N see 1st.
Bought FGV at 2.18 - 2.19 on opening! Scary price chart recent sharp fall. Hope u are right BWC! Laugh

Sell, yes they can but not within these few years. Besides, how cheap more can they manufactured it and bear in mind that they have to start from ground zero. How many years need to to build such capacity and gain back the ROI? By importing Rubber, they would instill additional logistic cost. I dont think US can produce gloves cheaper than countries like Malaysia and Thailand.

Investo, when FGV at RM2.40, u didnt sing the same song as now. U lah macam lalang, blow East go East, blow West go West.

Look at Bumi Armada, loss 97 million compare to 70 million profit yoy. Didn't drop 18% like FGV. If this is not speculation, then i really have no idea what is it.

If cant export to US, ask US to make their own gloves? They don't even have rubber there and cant afford cheap labor. Trump only can say no to high tech or high value business but not those cheap stuffs like gloves or condom or wooden stuffs.

suddenly so many sifu/master/grandmaster in this forum. When FGV was trading 2.20-2.40 in October, nobody commented it would fall to 1.50 - 1.40. Now. everyone said would fall to that level. All also like lalang, when wind blows west then go to west when blow east then go to east.

Unfortunately Investo blamed others for her loss in FGV instead of BWC. If profit then everything credit to BWC and not others but if loss then blames others.

Cause this fella wanna goreng again to sapu all the ppl money. Two fake news, and now this financial report which are creatively accounted for all loss due to LLR and also JV loss. That s how they pushed it down from 2.50 to 1.50. Else how to push down so much if only release poorer results which actually the operation has improved a lot even with lower ffb n high raw sugar price? They discovered the fraud in June but did not impair it then but at this quarter when it was at the Peak. Bear in mind that FGV bull run was in late May until Sept 2016 when FGV released poor results at end May and discovered the fraud in June. Why the bull run then? Think n ponder.

Btw your Airasia, FGV and now Supermax all downtrend. I hope u can sleep well tonight. I also made huge loss during Brexit and now in FGV. But I don't blame ppl as it was purely my decision to buy or sell.

Kossan drops like crazy today. Investo, I was unable to reply to your comments in FGV as there are tooany comments and it just sink out your copy n paste there. I hope your win win plan is working now. Btw even BWC commented that FGV is a long term buy. Why u made big hoo ha there? Just keep lah.

big fishes are eating all the cheap sales now....

Wow, creative accounting. Don't be fooled....Operation is making profit and administration cost has down a lot.

En Baharuddin, I don't see any pattern or trend in your 14 days interval. What s your finding or conclusion for the next 14 days interval? Should it be downtrend or uptrend?

All these audit are for business venture back in 2013 - 2015. Hence, the loss should have been reported back in those past years results. It's more on control and governance issue for now. As for any legal actions to be taken, as usual, BN Government wont take any actions just like the Cow's condo scandal or the purchase of equipment e.g. screwdrivers that are few hundreds % more than market price.

Every year, just present a thick audit book for big HOO HA in the parliament and next it will die down.