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2018-11-29 15:51 | Report Abuse
Econbhd 0.42
This stock is thrown down by some people.
No news and bad result that causes it
2018-11-28 22:57 | Report Abuse
I sense most news are manipulated to cause all the drastic falls. Very much so the correction is coming.
2018-11-28 22:54 | Report Abuse
dam82, your 1.60 are still not bad. ...
2018-11-28 22:54 | Report Abuse
dam82, u can see POS chart and compare it with FGV. Both falls are similar.
The 3 black crows....
2018-11-28 22:50 | Report Abuse
Spare more cash. Just keep the cash. The whole world market is getting the pain and uncertainty.
2018-11-28 22:48 | Report Abuse
We are already in corrections. Many potential stocks are falling knife. Who isn't stuck right?
2018-11-28 22:45 | Report Abuse
Cut Loss should be at least 8% max. If price dropped so much assuming more than 50%, it's very pointless to do CL anymore.
2018-11-28 22:44 | Report Abuse
Teachnically . FGV no more support. There will be new support once all the news of the looming impairments are out. Better put aside for those who have FGV shares. Doesn't matter is 4, 3, 2 Ringgit anymore. Now below 1.00, nothing to shout about anymore.
When price hovered at 1.40+, many shareholders are unwilling to sell off. So I believed many stuck at 1.70 and above. The sell off only started at 1.20 when the support was broken and all the way down.
The escalating sell off driven by Retailer-contrarians, who wish to do FIFO-ing.
I think the last resort shall be White Table (WT) by Azmin on the 10th. I hope he can do it earlier.
2018-11-28 21:34 | Report Abuse
FGV_ , if Azhar worked in Sime darby (I didn't read through his profile), I supposed he is doing "something" according to the know-how to handle the situation. Is he just a Chairman or Managing Director?
Usually the MD will execute and manage the management and procurement and etc and they execute well.
2018-11-28 20:38 | Report Abuse
Better Quarter report. Maintain BUY
2018-11-28 18:59 | Report Abuse
They need to emulate Sime Darby. Send some people go there to learn from Sime Darby. Come on. Sime Darby not only 1 business, multiple, from plantations to industrials. Even Medical they also have. Those are money making machines.
FGV need to pick up fast. Don't just rely onto CPO businesses. The cost itself will stiffen the losses. The top management needed to integrate with other businesses and I STRONGLY BELIEVED, JV with China will be a good start. The MOU with Dalian together with "one road, one belt" mission is a ultimate sign of turnaround for FGV.
Malaysian are too good at digging out dirts under the carpet. After they dug the dirts out, they only know what rule of law to apply to those convicts.
2018-11-28 18:54 | Report Abuse
dam82, can show the latest news he said "will not stay below RM1"?
2018-11-28 18:51 | Report Abuse
Puncak 0.43
Puncak result is in fact improving compared to the last year 30/9/2017. The cash and cash equivalents have heightened and improved significantly to 595mil from 238mil.
Both operating expenses for construction and plantation dragged by losses but the losses have improved quite significantly. Concessions expenses are high too maybe newly invested.
TRIPLC after May 2018, has become wholely own subsidiary by Puncak which is another good news.
2018-11-28 18:16 | Report Abuse
Upstream business for FGV will be better off replaced with downstream and focus more on productivity and marketing. I think the management is smart to tackle this issue.
Upstream is getting tough and challenged by the European Unions that produces Canola and Soya Oil. Their Soya and Canola oils are like palm oil in our country.
2018-11-28 18:13 | Report Abuse
JJChan, The Farmers and Settlers are the most exploited. They worked the hardest, but not rewarded accordingly. Some of them still have IPO for FGV since the beginning. How are they going to survive with the price of the CPO now?
2018-11-28 18:12 | Report Abuse
@Eatcoconutcanwin, what price will FGV price stabilize?
2018-11-28 13:20 | Report Abuse
The losses should have been informed to certain party that selling is factored in.
2018-11-28 11:56 | Report Abuse
Aminvest is logging his head to keep price of stock down.
2018-11-28 11:52 | Report Abuse
dam82, please be more responsible and mature when u give comments here. Your contradictory comments are not appreciated.
2018-11-27 13:54 | Report Abuse
No comment on 50 cents, on what basis 50?
2018-11-27 13:24 | Report Abuse
but why dam82? I saw most of your comments are about fgv. why talk it down?
2018-11-27 13:05 | Report Abuse
Nobody will be bothered to come to forum to talk trash on stocks except u hold the stock, or you're looking to BUY AT CHEAPER price.
Those who trash FGV, u are none other the ex-directors of FGV. For own personal benefits, u talk down the stock and expect the readers who are cold feet to sell after reading your comments.
If want to collect FGV, this is a good time.
2018-11-27 11:53 | Report Abuse
We need to look far. After perbentangan White Paper by next week, what is the next for FGV
2018-11-27 11:52 | Report Abuse
good. over employed. need to cut as they can't match the required productivity. what is the good of keeping them when the 10 assignments can be done by 1 person? you don't need 10 person for 10 assignments! Wastage!
2018-11-27 11:46 | Report Abuse
For FGV to exist in stock market still or gov came to decide delisting the stock, it'll be up to the hands of shareholders. Don't forget FGV is public listed. Even government cannot interfere.
The set up committee have done their job well under Megat, as they are assigned to expose the FGV land and properties buying at premium and other wrongdoings.
They have done their part so far, and are you expect the more dirts they dug out, the share price will go up?
2018-11-27 11:38 | Report Abuse
I am not trying to sugarcoat FGV condition. No doubt, all the worse is coming out from the FGV closet. To me, the more, the better.
After all the misappropriation and mismanagement done by previous ex directors, who else dares to commit another case done by the previous ex directors?
while all of you crying over the judgement to FGV at this point of time, there are fews laughing for the opportunity to collect this stock at dirt cheap.
2018-11-27 11:05 | Report Abuse
People didn't read enough. The litigation news from yesterday was "FGV subsidiary WON LAW SUIT OF RM50,000". Ask yourself why FGV price kept being pressed down?
Somebody is pressing down the price and the buying never exhausted.
2018-11-27 11:00 | Report Abuse
oasischeah, u are certainly right on this. POS 1 quarter loss can push a stock to fall more than 80 cents. Didn't u all didn't sense how drastic the price been pushed down?
2018-11-27 10:33 | Report Abuse
Those who sell already is due to pressure
2018-11-26 21:50 | Report Abuse
mcmann, when FGV price dropped so much pressumely more than 50% from the share price u have bought, what are u going to do? If you cut now, it means 50% loss. It's too deep.
I feel after perbentangan white paper next month, direction are clearer.
2018-11-26 21:18 | Report Abuse
Many didn't research deep enough into palm oil benefits. As compared to soybean oil , oil palm covers huge segments of benefits from pharmaceutical to household and to bio diesel efficiency to transport.
Oil Palm is the best commodity oil which can be found and planted only in tropical climate like Malaysia and Indonesia.
The only oil that can challenge the soybean oil is none other than palm oil.
Many didn't know that palm oil produces wider range of household goods including soap, margarine, cooking oil, great source of vitamin E,stroke prevention supplements for brains (UPM: research based found on tocotrienols a superb source of stroke prevention and eczema proven award winning to combat source of Vitamin E)
Green diesel =biodiesel. The biodiesel efficiency blended with gasoline produce high efficiency of milleage and transportation to car in the region.
95% of cosmetics used palm oil due to the saturated fats and stable. Most of the famous brands will have palm oil contents.
Cooking oil. Needless to say.
EU find fault with palm oil industry because of the severe open burning which challenge the habitats of the orang utan. Air pollution caused by uncontrollable open burning to clear the land for planting younger palm oil is another harzadous issue which spark the European Union attention.
The Malaysian palm oil benchmark slumped to a near three-year low earlier this month due to high inventories, rising production and sluggish demand.
Traders are looking to upcoming G20 meeting later this week in Buenos Aires for clues on how commodities markets will look in 2019.
"There's a lot of uncertainty around the US and China's trade pact," the trader said.
Malaysia's announcement on Monday of revisions to its biodiesel content rules would likely be supportive for palm oil in the intermediate and long-term, he said.
2018-11-26 18:30 | Report Abuse
Just take DRBH for example, it was 2.60 once upon a time. The continuous losses quarters pulled the price down to almost 90 cents. Then once the news of China GEELY Group bought over DRBH, the price went up straight and settle at 2.67!
So, anything can happened.
2018-11-26 18:26 | Report Abuse
There are many who loss out in FGV. Those who hold since IPO time suffer the most. There are those who hold before GE14, also suffered the loss.
I believed FGV can go back to at least 2.00. That is the right price for FGV to settle at.
For now, all the negative news, from CPO to corruptions to Debts, all not siding on FGV shares. Now only the PH government can act as God to FGV. They safe FGV or not safe, all will be reflected and tabled by Azmin Ali on Dec 1st.
2018-11-26 16:11 | Report Abuse
FGV served as a good moral story to everyone and every parts of the world.
Race marginalization will fail a nation. The case goes to any other countries that practice racial bigotry, skin-based opportunities, misused one race issue to stir up racial sentiment with the means to provoke, to inflict fear on a peaceful country for own selfish benefits.
Consequences of one-race in power draw only disaster and years of failure and losses.
Only the weak spirited human being will use marginalization as a way to win a race. Those are the people who refuse to work hard to equip themselves to compete in the arena.
For now, only by the repentance of one-race can save FGV.
2018-11-26 15:46 | Report Abuse
For those who equate MAS with FGV, maybe the equation is the fate that FGV will suffer like MAS.
Many forgotten MAS is only airflight business alone. FGV is made up of hundreds and thousands aches of lands and some land properties than can deem for disposal upon liquidating the assets for debts settlement.
To sue the Ex-Directors served as a good moral consequences to others Directors that they will not be any escaped should there is misappropriation and misleading managements taken place.
A body need to detoxification before proper nutrition is allowed to be absorbed for better functionality.
When there are so much fear factor going on in a stock, it's usually draw out apportunity to BUY.
2018-11-26 15:40 | Report Abuse
All the news out from FGV. Why do people still BUY?
No need to mention anymore the damages that FGV have to suffer due to the high premium and assets bought by incompetence and corrupted political-linked directors.
Looking ahead, the elected group under Tan Sri Megat Zaharuddin Megat Mohd Nor supervision to settle internal and external issue of FGV.
Question, how good is TS Megat Zaharuddin?
2018-11-24 18:17 | Report Abuse
Inject the smart, the brainy, the high moral values, management team.
Be ready in 5 years time, FGV can turn around as a profit company!
2018-11-24 17:55 | Report Abuse
takashi86 Then u gonna abolish other language now, the main issue we facing is too much gap between races...
Like it or not, u nid to hv one language of school, take bahasa or english doesnt matter, but we cant hv 3-4 type of primary school...
Look at usa, did they hv spanish primary school?
China, they hv hokkien or cantonese school?
Thats why they unify and can be great...
We r like india, india hv hindi, punjab, tamil, and even ENGLISH based school...
U wanna biz stage look into gud result without skin color in malaysia?
Not in our lifetime...
24/11/2018 17:22
Malaysia have a different setting compared to Spain and America. Yes, all races are unified under 1 language. We have Bahasa Malaysia. During my schooling days, it is Bahasa Malaysia. Then, when the education system changed. They even changed Bahasa Malaysia as Bahasa Melayu.
Question is why Bahasa Malaysia become Bahasa Melayu? Can't you get it? The Leader of every departmentals are important. New Leadership will set their own thoughts and strategy. They influenced the people in the department to follow his rules.
Every language we speak channel out the same meaning to the listener. If you said "I love you" in English, "Wo Ai Ni" in Mandarin and " Saya sayang kamu" in BM, does it mean anything different?
Who as Malaysian cannot understand single word of Bahasa Malaysia. Many will but there are still some people, driven by wanting a "space" and confirmation to be looked in the society. If signboard demand 3 languages for every roads, it shows Malaysia derived of 3 races. Then, what about Iban, Kadazan and Portugese?
Malaysia have no time to waste to fight over the signboard language. We need the new gov to do MORE. Rakyat need to oppress the government to work towards efficiencies in every departments and ministries.
Wanna know the ugly truth?
Our real gap is the smart, the speed, the efficient, the problem solver, the positive mentality. THE MORAL VALUES AND GENETICS.
I have seen very smart black, coco, white, teh tarik people. There are also the stupid ones.
Malaysia need to build up the smart and intelligent the 99% because the wealth distribution is getting highly unfair in ratio and getting worse in years to come.
2018-11-24 17:26 | Report Abuse
Sime Darby Berhad reported a profit before interest
and tax (PBIT) of RM347 million and a net profit of RM225 million for its first quarter ended30 September 2018 (Q1 FY2019) for its continuing operations, which comprises the Group’sIndustrial, Motors, Logistics and Healthcare businesses. Its revenue for continuing operationsfor the quarter is RM8.8 billion, an increase of 8.6 per cent year-on-year (YoY).
2018-11-24 17:25 | Report Abuse
zerocool7199 Simedarby plantation report out.profit drop 89% from previous year..cpo price if low for longer period with current debts in hand fgv is hardly to survive..goodluck to all
24/11/2018 07:53
This is the most nonsense comment ever written in i3. Can't even read the quarter report, why bother to create havoc here?
2018-11-24 16:28 | Report Abuse
Takashi86, I don’t care PH or DINGDONG gov, as long they can managed well, that is good government. Skin colour black, yellow, white, blue, I don’t care. As long Malaysia boleh naik ke taraf dunia, I’m game for it!
Stock: [PUNCAK]: PUNCAK NIAGA HOLDINGS BHD
2018-11-29 15:53 | Report Abuse
rogers123, why well done me? It's according to the report. Are you shareholder of Puncak? It seems like you're here to tarnish and badmouth stock.