big party collecting C16. Their price movement is not in tandem with increase in mother price.

tomorrow reduce 2-3 cents should be ok.

increase few cents per day is good. Increase too many then invite many contra players.

bugger my agent. I deposited money by no response. Wanna add c16 today. Tomorrow scared high already.

rumor on Tradewinds Plantation taking over FGV has been on air for quite a while.

"Woo John: I reserved my comment to others on politics but FGV being a business entity are worthy and it could be taken over by many bigger corporation with whole heart willingly. FGV with the sizable land assets, recovery could not be as doom as described."

low volume this week with minimal price increase per day. Good for holder, since contra players not interested for this kind of trend.

agree with you zubir. But low FGV price will be a good song for opposition to sing all day long.

thanks for those sell. please stay away. this counter need long term holder to climb back.

fgc c11 already matured today. the next one matured will be march next year. time for mother to go up.

price wont go up at least until end of this month. 1 warrant expired next week.

lol. warrant FGV C11 exercised at rm1.90 expired this month end. They really push it low to that price.

FGV C11 warrant expiring this month end. Exercise price Rm1.70. Could be one of the reason price being control for now.

another good day. slow and steady, without much volume. which mean less attractive for contra players.

don't be stupid to relate world crisis with Malaysian politic. And someone even have the guts to relate DIJ movement due to Malaysian politic. lol

good closing inside the red sea. Looking forward for next week.

Trump 99% confirm becoming US president, yet the market only drop 1%.

a knee jerk reaction since trump is leading handsomely. Time to buy at low when trump announce as winner.

at least the management is aware about the share price slum.

Monday, 7 November 2016


FGV to unveil new game plan

by hanim adnan

Forward goals: Zakaria says the plan will address measures over the next three years


JAKARTA: In a move designed to cope with the changing sectorial landscape, Felda Global Ventures Holdings Bhd (FGV) is expected to unveil its new long-term strategic plan.

It will spell out details on the group’s commitment to stay focused in the vegetable oils market, measures to reduce operating cost and the listing of its logistics arm.

According to group president and chief executive officer Datuk Zakaria Arshad, the plan will address measures that FGV needs to take for the next three years for it to reach its 2020 goals and to place the company on an able footing to stay ahead of the competition beyond then.

“The group’s existing strategic plan needs an overhaul to cater to the challenges in the current business and economic environment. It is our long-term strategic plan to ensure FGV stays ahead of the competition even beyond 2020,” he told StarBiz in a recent interview.

To recap, the FGV Global Strategic Blueprint (2012-2020) was first undertaken by a foreign consultant prior to FGV’s listing exercise on June 2012 spearheaded by the late Tan Sri Sabri Ahmad.

It was initially meant to pave the way for FGV to expand its reach in the region through mergers and acquisitions (M&As) to secure the group’s growth prospects.

Sabri’s successor Datuk Mohd Emir Mavani Abdullah streamlined the plan and reorganised the group into its main business clusters namely palm upstream and downstream, sugar, rubber and others.

During the tenure of Emir Mavani, who was first appointed to the board of FGV on Jan 1, 2013 and later made the CEO, FGV completed seven acquisitions costing some RM4bil. FGV’s cash pile which stood at RM5.03bil as at end-2013 came down by half to RM2.5bil as at the end of 2015.

Zakaria who took over the helm of FGV from Emir seven months ago saw the need for the existing strategic plan to be further defined.

Some of the major changes include the group’s new approach towards M&As either in new oil palm or sugar plantations, focusing on improving the efficiency and productivity of existing estates and mills, replanting programmes and further cost cutting measures by selling off its non-core assets.

“In sugar, we will halt our earlier plan to acquire land for sugar cane planting and continue buying raw sugar supply for our refining activities,” said Zakaria.

He said FGV still intended to list its logistics arm.

FGV will look at increasing its FFB yields to 6 million tonnes by 2020 from 4.1 million tonnes currently.

He also expected the overhauls under the new plan to better position FGV by 2020 and beyond. FGV is poised to be a global leader in palm, top three global player in rubber and sugar as well as the top three global player in industrial fats.

Zakaria hoped that when the revised strategic plan is disclosed in full, it would dispel the lingering negative sentiments hovering over the stock that have contributed to FGV’s share price falling below RM2 after its steady climb three months ago.

The reports include speculative news items of the Government considering the formation of a steering committee above the FGV board, which the company has denied vehemently. FGV is also persistently associated with a possible acquisition of a stake in Eagle High Plantations from the Rajawali Group, a deal which the company has aborted.

The other area that Zakaria is battling with is issues regarding the group’s FFB yields, which the CEO has said was improving.

“It is difficult to stop such negative news flow, which the markets have been talking about,” said Zakaria.

“We have denied everything with regard to the steering committee. However, many investors are still sceptical saying that this suggest the Government is considering a more active role in public-listed FGV,” he added. The baseless report saw FGV share price falling below RM2 now from its high at RM2.50 this year on Sept 22.

On Friday, the stock firmed up one sen to settle at RM1.93.

Meanwhile, anticipation is also building up over the release of FGV’s third quarter results expected to be out by the end of the month.

Zakaria had in May expressed confidence that the group’s full-year 2016 financial results will be better compared with last year due to the cost-cutting measures.






http://www.thestar.com.my/business/business-news/2016/11/07/fgv-to-unveil-new-game-plan/

small red on Friday with incoming US election. Seem a good ending indeed.

ECRL is significantly huge compare to HSR. And the FDI coming is the key why it come first. HSR is difficult, bot Msia and Singapore is currently struggling with their limited money.

politic. fgv and politic. Enuf said.

will it able to close at rm2?

will recover but don't know take how long. now becaming long term investment. lol.

can FGV sue the edge? if FGV can but they don't do it, i'll assume they both work in tandem to manipulate the share price.

my assumption only.

suddenly so many unfamiliar name. must be contra players. haha

btw, don't you know MOF representative are among the board members?

about the golden shares, no, not only M&A. Even their output price increase/decrease (when involve to end user - public) dictate by the gov.

BOD involve in purchasing stationary?

all glc glic or individual own with national interest company have 1 golden share that belong to the gov, The power of the golden share overrule other decision. To say the steering committee is a new thing, theoretically wrong. All those company need government concerned for their decision. It's not a new thingy.

it's just how much gov want to involve with their golden share is the different between yesterday, today and tomorrow.

rafizi don't want to make noise this time? then can hope price recover. haha

seem koyak

another red day today. why very low volume?

yeah. keep celebrate your small and insignificant wins. You may have the list from PRU1. Politic has its up and down. So far, for UMNO ups and downs, they still hold federal power for so long.

only minion celebrate small and insignificant achievement.

baharuddin, why never mentioned about pru11?

without pas, what strength you talking about?

he didn't buy enough then

what happen today?

I normally enter when the price drops. and today is one of the days

force selling to contra player, maybe

what happen? seem nice to enter

seem nice to re-enter if price go back to 2.00.

probably KWAP bought not enough yet. Need to push down the price to get it at low price again. See the reaction after they just throw some shares with lower price, make contra player panic like hell.

those who bought for small change I mentioned earlier now can smile.

btw, if want small change for dinner, buy now and sell in next hour.

they wont allow the price to break the 2.00 lah. today slump already sure hot topic especially in biznes news.

yes. they definitely need to push the price up to make profit. Not good for contra player though

now they are playing with themselves to scare others. I suspect they do read this thread. Every time we say good, they good the other direction. maybe we should ignore this thread for few days.

make sure you have the money. contra using loan money of course die young. lel

hold la for long term. Been following this counter up and down. Contra may earn penny, holding earned much more.

today got no force selling? I'm in buying que 0.19

anakku always enter while high and sell when low. pity u

this is nothing new. The bus operator has been received gov assistance for years. Yet they still struggling to survive due to the amount of subsidy are very low.

8 years without price increase, how to survive?