Daily8

Daily8 | Joined since 2017-05-28

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Stock

2018-12-16 22:25 | Report Abuse

RM24 - RM0.63 is a huge gap......u think it yourself.

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2018-12-16 22:24 | Report Abuse

If KL Kepong can be at RM24, why FGV cannot? Simple. FGV was raped by najib and isa and emir and the 12 directors crony. Now that they have left and taken into court, FGV will REVIVE and buying at the cheapest price will reap you very high yield in future.

Do not use margin call on this stock. Expect to keep it for some years.

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2018-12-16 22:16 | Report Abuse

Teresa Kok introduced the RSPO to all Settlers and have received the good feedback and signed up

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2018-12-16 13:35 | Report Abuse

The worse have to come, long term keeping.

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2018-12-16 00:55 | Report Abuse

I called up a friend who worked in oil palm plantations and according to him, with CPO ranging at 1500 to 2000 mt, farmers are making money. Unfortunately, the local MALAY settlers especially are not working enough. 2 out of 6 days only working. They have been relying on government handouts for many years and rather spoilt by it. He even mentioned, land bank is lucrative and it will appreciate in years to come. Looking at the current market, provide huge apportunity for accumulating fgv shares.

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2018-12-15 23:29 | Report Abuse

All good that painted on news usually is the opposite expectation. Just be wary and don’t trade.

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2018-12-15 19:29 | Report Abuse

CPO will never forever down. the cyclical correction is setting in. FGV is at the lowest point. Expect another fall. Buying downside risk is limited

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2018-12-15 19:22 | Report Abuse

DJ dropped nearly 500 pointers. Going to be red Mon

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2018-12-15 19:21 | Report Abuse

after litigation forsee impairment

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2018-12-15 19:13 | Report Abuse

no business development

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2018-12-15 19:13 | Report Abuse

material litigation, lesser profit and more seller.

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2018-12-15 19:07 | Report Abuse

Azhar is leaving FGV. New CEO will do the necessary

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2018-12-15 18:36 | Report Abuse

fund will buy back next year

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2018-12-15 18:26 | Report Abuse

villa1668, not gamble, invest on the turnaround of FGV

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2018-12-15 00:22 | Report Abuse

POS are easily accessible. They are established.

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2018-12-14 23:56 | Report Abuse

Cimb tp 26. yet wrote 770mil compensation at 7o cents...confusing?

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2018-12-14 18:37 | Report Abuse

hng33 Prestariang is now seeking compensation from the government based on a specific formula in the CA, which is the net present value (NPV) of the availability charges (similar to power purchase agreements). According to the CA, the government is supposed to pay compensation by July 19, 2019.

“We estimate a compensation of 75 sen a share to SKIN’s shareholders (Prestariang owns a 70% stake in the SKIN project). Our previous NPV for the SKIN project was RM770mil,” it said
14/12/2018 17:37


This news out in the noon, but unable to pushed up the price. Looking ahead, it's just assumption and for 75cents a share compensation, seriously doubt gov will pay that high. Before the announcement of PSKIN termination, they have in fact negotiated many rounds with gov official but unable to get them to reduce the contract amount. It's looking dimmer direction.

I'm sorry those who bought PRESBHD.

Stock

2018-12-14 17:04 | Report Abuse

From now on, FGV will win all the suitcases from those stupid directors. those 500mil over will add on to become profit for the company. Hope after the lawsuits, FGV will soon have a fresh outlook.

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2018-12-14 17:03 | Report Abuse

closing doesn't look good for now. sigh

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2018-12-14 16:44 | Report Abuse

right hand pass to left hand. clever institutions. scare the shit out of u and now they are laughing to the bank.

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2018-12-14 16:02 | Report Abuse

I forsee FGV will use the privatisation card. Please do not confuse with FELDA and FGV holdings.

FELDA is NOT FGV. Felda is substantial shareholders in FGV. That's it.

Stock

2018-12-14 16:00 | Report Abuse

Veron, samad eaten the commission money from buying properties. This useless political figure samad was bought to limelight by Tun M during the 80s.

Populist politician like samad is good for nothing. He is able to rub his boss shoes well that entitled him to his wealth today.

To conclude FGV is empty shell is fundamentally mean you didn't do enough homework on this share. You only listen and read all the polticial news online.

have you seen the real deal of selling and no buying case in a share? Look at SAPNRG. BIG ZERO NO BUYING, BUT COMPLETE SELLING.

Stock

2018-12-14 15:42 | Report Abuse

dam82,( you didn't read me well) On the hindsight, it will take some years ( I doubt is 2 years), for FGV to regain back the price of 1.50. NTA 1.30 after impairment. Before it was 1.54 if not mistaken.



At this juncture, Malaysian market are driven by intense fear of correction. Trade War and economic weakening followed drastically by PH Ministers doing the termination of past BN cronies projects( MRCB, GAMUDA, PRESBHD etc) Those factor which already set in are not within our control.

The some good truth about our palm oil, it's is TRULY God-given golden nugget. The compound found in palm oil after extracted out are, named tocotrienols are scientifically proven work best for stroke prevention, ezema and cumulative health benefits. Tocotrienols are premium products. Check it out in HOVID website.
UPM (Uni. Putra Msia ) have won awards in the international arena for palm oil abstract scientific paper.

Similarly, palm oil can be used for cooking, bio-diesel and lots more.

Perhaps European Unions and the west continents are jealous of what we have. This commodity have brought many CPO Traders rich. If you read online, the zealous ruthless actions taken by "some" foreign parties ganging up on palm oil, you will soon realize, palm oil is actually a highly competitive advantage.

What really makes FGV or the oil palm industry looking terribly negatively for now was the political figures in past campaigns used by previous opposition party (PH lose in the courtcase and Wan Azizah was fined 70k) to hold against BN people like (Samad Isa, Najib Razak).

With the top management behaving this way, the middle and lower management quality people are tempered.All this people in FGV have to go.

Whoever selling now, your shares will be picked up within micro seconds. Find your good entry point if you have not sold your shares.

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2018-12-14 15:06 | Report Abuse

Now everybody is really talking. Before, everyone is trashing and I assumed those who already have FGV shares are accumulating to average down. Unfortunately, the price goes down have not ended yet.

There are some party are looking to accumulate fgv at 0.xx price. Towards the end of 10 days trading, I do not see the share price will go up. For every price that move down 5 cents, you will see there are people who eat the share price.

Checklist says, FGV got loan debts. White paper tabled next year March. The marketing for FGV products are rather weak and health expert and environmentalist are fighting to end palm oil as edible products so much so and sugar. FGV is officially in the darkest day of their entire history added that the previous appointees raped FGV left and right.

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2018-12-13 23:54 | Report Abuse

Dam82, what is the effect of the delisting?

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2018-12-13 22:21 | Report Abuse

Tongkarat, why u are here?

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2018-12-13 21:38 | Report Abuse

They, Presbhd already forked our at 126mil at least for the whole PSKIN

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2018-12-13 21:38 | Report Abuse

Toffeemose, u are saying, 50mil as compensation? Then foresee PRESBHD will be a tragedy

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2018-12-13 21:17 | Report Abuse

This fall is opportunity. There are many waiting for lowest price opportunity. Nobody knows when is the lowest. When big money comes in, it’s going to be very fast buy up.

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2018-12-13 21:14 | Report Abuse

stockraider, DONT come here to bitch about FGV. U go back to HOVID to instigate ppl to go against management lah.

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2018-12-13 19:01 | Report Abuse

12/12/2018 Acquired 644,500 Azhar

Any significance Azhar bought the shares more?

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2018-12-13 18:45 | Report Abuse

RTO will be a better option for FGV. Looking at the continuous buying of FGV shares, I suspected, the private not listed company will emerged as the substantial shareholder minus off felda.

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2018-12-13 18:27 | Report Abuse

FELDA itself should ceased to become the major shareholder and sell his shares to another company who works better to be substantial shareholders.

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2018-12-13 18:23 | Report Abuse

Felda is running of deficit and super low cash flows. How are they going to buy over FGV Holdings?

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2018-12-13 17:29 | Report Abuse

takashi86, there are people who suffered the losses silently. Best we speak respectfully on this forum. Trashing FGV will not sfe FGV back. Best to be patient and whoever have suffered the current paper losses, there isn't much u can do. To cut loss, it's just too steep.

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2018-12-13 17:21 | Report Abuse

delist 70 cents, then many Settlers will jump building. Those hold RM1.50 also jump together. The stake shareholders also jump too!

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2018-12-13 17:13 | Report Abuse

Now the whole market is going nuts with correction already setting in. Almost 90% people who have entered the market long time are deepened by losses.

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2018-12-13 17:11 | Report Abuse

Realistically, I don't know the direction of Puncak. After the water issue in year 2015, Puncak slide till nobody know what is next. No projects, no income, the Director doesn't seem to initiate progress. The best part is, it's high cash.

Does this company have corruption issue going on?

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2018-12-13 17:08 | Report Abuse

itu temberang Victor Yong sudah lari

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2018-12-13 17:07 | Report Abuse

Victor Yong sudah lari lor

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2018-12-13 17:07 | Report Abuse

delist cheaply? how much?

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2018-12-13 16:56 | Report Abuse

dam82, then what do u smell?

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2018-12-13 16:44 | Report Abuse

dam82, please trash more FGV. good job!

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2018-12-13 16:36 | Report Abuse

FGV .695 cents wow, FGV management so good!

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2018-12-13 16:33 | Report Abuse

let it fall , let it fall, let it fall. merry xmas!

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2018-12-13 14:25 | Report Abuse

paulthesotong, "a mean action by gov confiscated asset for public use"

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2018-12-13 14:18 | Report Abuse

let it come, let it come, let it come...merry xmas!

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2018-12-13 13:20 | Report Abuse

Where is Victor Yong?? Lost in transition? lol