take profit first before raya

Time to shoot

Below 25 is good to collect

Gkent is bidding for hsr under asset Co, please study before saying hsr has nothing to do with gkent

Thanks hss, sold all and shifted to myeg

With Duke 1 and 2 ekovest only price at 0.65 per share? What a joke, definitely a good pick

traderman call sell man is back

Even gbgaqrs hss wct also can rebound

Guess will go below 0.9 for correction before shooting up again, be patient

Someone please shout 0.5 I didn't manage to collect enough

No one call sell today

Market Red yet fgv can jump, good sign ahead

Next week should be fgv time hope can go beyond 2

I hope Tp 0.745 I want to collect more

Hopefully you are right 0.5 soon tp so that I can collect, please sell all your tickets to me

This time confirm above 2 well done

Hengyuan conman shifted to myeg and gkent counter beware conman like to target limit down counter but buying opportunity is good

Traderman where are you? Next time don't spread negative news to scare all newbie to sell, we are here to help make money not to spread negative news

Where are you all the call sell tp 0.5 guys

One of major share holder of fgv is kerajaan Malaysia, you may check online

Hope for some good announcement on weekend, gap up on Monday, all the best guys happy investing

Someone is controlling the price and collecting hopefully good news

After it hit rm1 sour grape will shout last chance sell again, same with what happened when the price went to 0.60 0.70

managed to collect at low point again, thank you

KUCHING: Felda Global Ventures Holdings Bhd’s (FGV) long term outlook has garnered positive views from analysts as FGV’s priorities are well defined with management free to manage the company without political involvement.

The research arm of MIDF Amanah Investment Bank Bhd (MIDF Research) recently met up with FGV and returned feeling positive on the company’s long term outlook.

“During the meeting, we gathered that FGV will remain focused on its Strategic Plan with four Strategic Thrusts (Operational Excellence, Moving Down Value Chain, Growth Through Portfolio Balancing and Optimise Financial And Human Capital),” MIDF Research said.

According to MIDF Research, for the financial year 2018 (FY18), some of the key priorities are 4.85 million tonnes of fresh fruit bunch (FFB) production, crude palm oil (CPO) production cost of RM1,562 per tonne, replanting target of 15,000 hectares (ha) and commence operation of Johor sugar refinery by mid-2018.

“Most importantly, we believe that the management will be free to manage the company without political influence.

“According to New Straits Times, FGV president and chief executive officer (CEO) Datuk Zakaria Arshad said that ‘GLCs like FGV would be free to act accordingly without political involvement’ after a meeting with the Council of Eminent Persons at Ilham Tower.”

MIDF Research recalled that FGV achieved FFB production of 0.99 million tonnes in the first quarter of FY18 (1QFY18) or 20 per cent of full year target of 4.85 million tonnes.

The research arm noted that against 1QFY17, this represents an improvement of 23 per cent year on year (y-o-y) as FGV estates improve its operation.

Overall, MIDF Research believed that FGV is on track to achieve the group’s FY18 FFB volume.

“Note that 1Q is seasonally the low production quarter at industry level with Malaysia 1Q production makes up only 20 per cent of full year production in 2017.”

MIDF Research went on to note that the CPO production cost of RM1,728 per tonne in 1Q18 was higher than the full year target of RM1,562 per tonne as more agricultural input such as manuring had been brought forward into 1Q.

Hence, the research arm believed that the cost should reduce from 2Q onwards.

Meanwhile, based on the 5,100 ha of felling which had been completed in 1Q18, MIDF Research expected little risk in FGV’s target of 15,000 ha of replanting this year.

“For the sugar segment, FGV mentioned that its Johor sugar refinery is now 94 per cent completed.

“The official commencement start in July and this will effectively add its total capacity by 0.3 million tonnes for domestic and export growth.”

On another note, MIDF Research pointed out that FGV’s 1QFY18 core net profit (CNP) of RM20 million was below expectation as contribution from joint venture (JV) and associate came in weaker than expected with a RM16.2 million loss.

Trust me ekovest will prevail, good fundamental

0.87 tp today

MyEG seen to be sole beneficiary of vehicle plate e-bidding

My EG Services Bhd
(June 6, 80 sen)
Maintain buy with an unchanged target price (TP) of RM1.06: Based on our channel checks, we understand that the pilot stage of the electronic-bidding (e-bidding) services for vehicle plates could begin as early as next month with the actual roll-out of the services in January 2019.

Recall that the newly installed transportation minister repealed the practice of allowing certain non-government organisations to sell special vehicle number plates, and announced the roll-out an e-bidding system from January 2019.

We believe that My EG Services Bhd (MyEG) stands to be the sole beneficiary of e-bidding (which was one of the services under the concession signed in 2000), which can be seamlessly integrated into the existing road transport department’s e-portal which it manages.

The winning of the e-bidding services for vehicle plates would dispel misgivings on its abilities to retain its key government concessions and thus imply that MyEG shows no signs of losing traction with the new government. While revenue from the said service is not major, it allows MyEG to leverage such modest fee-based platforms to upsell commercial services within the same domain.

No changes to our net profit forecast.

Maintain “buy” with an unchanged TP of RM1.06, based on 12.7 times financial year ending June 30, 2019 (FY19) price-earnings (PE), implying -1.3SD which is below its historical mean PE amid current market uncertainty. Our assessed trough valuation is 84 sen per share, based on 10 times FY19 PE. — UOB Kay Hian, June 6

PH is restructuring felda, bright future ahead

yea totally agree, expecting good qr next week, no one says gkent cannot bid for future mrt/hsr project as long as the price is competitive. everyone has been saying myeg not good, hsseb not good, no more mrt3, steel counter not good but i made money from all these stock, good luck trading, dont listen to others

Patient is virtue

Checked company report, project not in order book, don't worry newbie

Just thinking why ekovest boss bought so many share today although he knows the bad news earlier than us

Good opportunity to collect tomorrow on panic selling

Now or never

Short term tp 2, year end tp 2.9

I'm amazed by the way people spread negative news to collect at lower price, anyway time will prove

Brent crude Sharp fall, AA will fly

Move to n2n to recover loss

有些人真的很不 make sense 的 输了就怪人 赢了就静静

guess more and more switching to tech stock after property construction oilandgas steel counter hopeless

waiting at 0.55 on Monday else wait for Tuesday second limit down

News no adverse effect on market, despite the news already out this evening but share price not affected

I believe by spreading negative news here, we can collect at cheaper price. Tp 0.5

0.3 fair price

Hartalega Holdings Bhd, Malaysian Airports Holdings Bhd (MAHB) and Dialog Group Bhd were added to the 30-stock FBM KLCI following the semi-annual review on the index today, edging out YTL Corp Bhd, AMMB Holdings Bhd (AmBank) and Astro Malaysia Holdings Bhd.

Meanwhile, the reserve list, which comprises the five highest-ranking non-constituents of the index by market capitalisation, consists of Fraser & Neave Holdings Bhd, Top Glove Corp Bhd, Lotte Chemical Titan Holding Bhd, Westports Holdings Bhd and AirAsia Group Bhd.

HSE cancelled, brent crude drops, Tony already clarified the scandal on bursa filing, no reason for AA to drop further

Guess what's the opening price tomorrow

Time to dispose

huge block @ 0.87 take profit first