Quoted from Azhar again.

“Through its transformation plan, FGV will correct its legacy issues and restore operational integrity. It is estimated that at an average CPO price of RM2,500 per MT, FGV should be able to earn profit before tax (PBT) of RM1.0 billion a year. All shareholders, especially FELDA will stand to benefit.”

Keyword: IF CPO price going up to 2500 per MT , profit is 1billion per year.

Another add on.

Don’t forget there is another proceed of sales coming up at total 350mil and a land in Perlis already found buyer.

I anticipate good news coming up from FGV

Do note KWAP themselves are NOT good in their calls.

@Jiahui Foo, KWAP SOLD not just FGV SHARES ALONE. They sold GAMUDA, and other shares counter too.

Significantly, KWAP also sell Dayang when. KYY gave a buy calls.

Henry888, it’s ok. I can understand some people who are ill hearted due to their own losses .

Transformation plan was done during Azhar helm ( Jan 2019) and we have witnessed the all the plans are taking into effect.

Implications of impairments on APL is not a scrutiny but a blessing in disguise, I hope.
( I hope management can source the right buyers and after the sales of APL, the sales from the proceeds can translate into the company report).

While in the transformation as promised by Azhar for year ending 2018 and whole year 2019 is taking into place, we shareholders will see the results instead. New PH government are working hard to deminish the ill image of our Palm Oil Plantations and steps are taken into it and can directly be seen in local and international settings.


“There are persistent rumours on the potential delisting of FGV.” Quoted by open Letter from Datuk Azhar.

“With the transformation plan in place, there is tremendous upside potential for FGV’s shareholders.
As a listed entity, FGV is also expected to uphold the highest standards of integrity and good governance as required by Bursa Malaysia, and The Malaysian Code of Corporate Governance (MCCG). As a result, we are committed to transparency and timely disclosures. Our commitment is evident in the actions we have taken thus far, including leadership changes and pursuing legal action against those responsible for the losses suffered by the co.”

I hope Politicians like Azmin Ali can take a step back to allow FGV to work efficiently into the transformation plan.

Note: It’s been said and informed that the impairment loss will also affect the latest quarter and that’s been done.

This QR PROFIT is about 110mil BUT translated into loss due to IMPAIRMENT.

DO YOU UNDERSTAND IMPAIRMENT LOSS ? ( already factor in on last Quarter release)

lets' see tomorrow if the loss factor into the stock price.

Kuala Lumpur, Wednesday – Pos Malaysia Berhad (Pos Malaysia) today announced
consolidated revenues of RM581.2 million for the third quarter of this financial year,
a decrease of 6.4% compared to its revenue of RM620.7 million recorded in the
corresponding period last year. This decrease was mainly due to the decline in
revenue from Postal Services due to double digit decline in mail volume, and Logistic
business due to the end of a major project. The Group also registered a loss before tax
of RM18.7 million compared to a profit before tax of RM21.9 million for the
corresponding period in the previous financial year.

Make 4mil revenue loss 3 mil , what...make 1 mil? very sad

The last time right issue 2 for 1 at 20 cents. I can say 90% holding mlad are at loss.

Have to ask Steve Tan (Executive Director of Fintec, Mlab, Netx , XOX, Focus) what is wrong.

another round of loss. disappointing

wish wishy wash....lol

RESULT OUT. not excellent.

James promote Econbhd. Get your reading rightlah

Jaihui Foo, why u wont?

Econbhd ability to secure 1.1bil order book and to sustain continuous business for the coming few years is clearly positive.

Poslaju so far is doing great at my area. No complaint of them. They are fastest courier compared to other vendors.

huh why insurance agents drive luxury cars?

venfx, u r too funny lol

For illustrative purposes only, based on an illustrative issue price of RM0.0148 perPlacement Share, the issue price of the Placement Shares would represent a discount of approximately 9.76% to the 5-day VWAP of NetX Shares up to and including the LPD of RM0.0164 (Source: Bloomberg).

We maintain our HOLD recommendation on Econpile, but with a lower target price of RM0.45 (from RM0.65) as we rolled over our valuation metrics to FY20 by ascribing a target PER of 13.0x to its revised FY20 EPS of 3.4 sen. We, however, continue to like Econpile as a niche construction company, specialising in piling and foundation works, backed by its solid unbilled orderbook of RM1.00 bln that will sustain its earnings over the next two years.

In general, Private placement will dilute the shares price and usually shareholders will suffer short term losses.

Private Placement voted in favour is passed. What is next?

Strengthening of MYR at current post little thread on the demand for CPO. There will be slight adjustment on the output level but in progressing market demand which is good.

CPO export in Jan 2019 statistic saw India export (57% increase )and China ( 102%) increase on demand. This is a good sign. Italy increase by 292% on demand !

With increasing demand coming in, the route to recovery for FGV is materialising

eventhough "limit down", good apportunity to buy in. Tomorrow rise back slowly.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
PUC BERHAD ("PUC" OR THE "COMPANY") PROPOSED ACQUISITION OF UP TO 12,336,288
ORDINARY SHARES IN PICTUREWORKS HOLDINGS SDN. BHD. ("PWHSB"), REPRESENTING UP
TO 67% EQUITY INTEREST IN PWHSB FOR A TOTAL PURCHASE CONSIDERATION OF UP TO
RM167.50 MILLION ("PROPOSED ACQUISITION")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

FGV lowest was 63 cents. At current stood at 117. Im still positive with it. Doubt will fall much after 12 cents of total being discounted overall.

Maintain buy for CPO is in demand in diesel and gov have launched campaigns in promoting and re-establish the company.

FGV price will be much lucrative than what it is today. (Quoted by Azhar)

It may be a draggy quarter as what Azhar have told us in open letter. Already know Quarter will be saggy, why hoohah about it, right?

Given time, FGV still on track.

KWAP not reliable. I supposed the person-in-charged should have been sacked for the KWAP losses by hundreds of millions last year.

Many scare of the Feb quarter.. See how then

those panic one, u know who lor....kaki contras mah. Margin calls also....

biasalah, up down up down...

tomorrow recover 8 cents back. So high volume today. Top 3 highest volumes traded

19 cents drop today.

pos 2.03

Limit down ? Heheheheheheheheheh

Focus construction

they have 209m projects coming in. Apa takut? Buy on weakness.

Good finally they do impairment loss. The next quarters will be better for Econb

which stock can focus?

Ocncash have went into first board but at 40 over cents, isn't that a big cheap?

Can sapnrg touch 35?

Let's break 2.40!

keep lor BRUCE

Yes pos! Next should be 2.20

If got 7 cent; there should be a huge vol anytime

henry888, don't say like that....can hit out 1.50

sirr75, jangan promote judi. tak baik.