Dividend policy to remain intact.

Felda Global Ventures’ reply on Eagle High deal
http://www.thestar.com.my/Business/Business-News/2015/06/29/Felda-Global-Ventures-reply-on-Eagle-High-deal/?style=biz

Ajib kor kenapa tak kasi FGV naik? Nanti itu orang Felda undi PR baru tau.

Will there window dressing tomorrow?

FGV is still a good dividend stock having just declared 4sen last week. That's why KPF, Tabung Haji, EPF, KWAP still own a lot.

400523 then no chance for FGV to go back to IPO or higher price. The cash in FGV is like us having cash. Is it better to buy shares(for us) or keep in bank(for safety purpose)? In FGV case is buy more plantation land just like us buy more shares for future gain than keep in bank for safety purpose. Only question mark is can FGV reduce purchase price for Eagle High? If majority shareholders(KPF, LTH, KWAP, EPF) don't agree how the deal can go through?

Right channel to communicate your concern about FGV.

Investor Relations

T +603 2859 1861
F +603 2859 0055
E fgv.investors@feldaglobal.com

If Rajawali don't receive FGV deposit soon what will happen to them?

FGV deposit to solve Rajawali debt problem?-Edge 29th June.

Why not RM3, RM4 or higher?

Of course nothing is finalized hence Sondakh said "kenal dulu belum kahwin" earlier.

If FGV not worth Rajawali won't seek share swap deal. Better cash deal for him. If share swap deal meaning he see FGV can go up.

Posted by longvalley > Jun 26, 2015 10:13 AM | Report Abuse

Then,
is it
priceless?????????????????
RM 1.65 0r 1.50
wat ur idea
frn?

Why is Rajawali interested in 21% of FGV meaning 2nd biggest shareholder after KPF? More than replace EPF, KWAP and others selling.

Share swap RM 3.00 FGV = 775 IDR Eagle High? If no deal, who suffer loss? FGV or Eagle High?

Possible share swap deal.

Eagle High moving up.
http://www.bloomberg.com/quote/BWPT:IJ

Najib has nothing to do with FGV buying stake in Eagle High, says Indonesian tycoon
http://www.themalaysianinsider.com/malaysia/article/najib-has-nothing-to-do-with-fgv-buying-stake-in-eagle-high-says-indonesian#sthash.7vlpdyx0.dpbs

Kian you said you lose RM50K on FGV. So you also cut loss or your loss is substantiate? As I mention earlier Eagle High purchase still can be cancelled if many shareholders disagree.

FGV explores collaboration for new Vietnam edible oil venture
http://www.theedgemarkets.com/my/article/fgv-explores-collaboration-new-vietnam-edible-oil-venture

If Najib forget Felda settlers contribution to BN past victory, he will taste BN first ever loss in next GE if he does not help shore up FGV share price.

Not all stocks can give good dividend like FGV. So FGV is still a good dividend stocks when buy cheap. Mudajaya dividend how much?

Will FGV fortune(share price) change if CEO change?

Palm oil prices ‘set to rise’ on El Nino
http://www.thestar.com.my/Business/Business-News/2015/06/19/Palm-oil-prices-set-to-rise/?style=biz

Stay invested say Emir.

Mohd Emir said : “We will talk to them, and not just EPF. We are going to communicate with all our major shareholders on what is the way forward for the company on a one-to-one basis. The reasons to stay invested are simple: number one is that our strategic and transformation plan will begin to bear fruit

"Number two is the bump in earnings that the company will derive in the next couple of years. We have the projections and figures and we will share them with shareholders soon,” he said.

Edge Weekly
Felda Global to address shareholders on 'strategic and transformation plan' - CEO
By Chong Jin Hun / theedgemarkets.com | June 20, 2015 : 10:24 AM MYT

KUALA LUMPUR (June 20): Felda Global Ventures Holdings Bhd (FGV) ( Financial Dashboard) will actively reach out to shareholders to soothe concerns on the plantation group's business dynamics, The Edge Malaysia business and investment weekly (Edge Weekly) reported in its latest June 22-28 issue.

Edge Weekly quoted FGV (fundamental: 1.15; valuation: 1.4) CEO Datuk Mohd Emir Mavani Abdullah as saying the company had noted concerns brought up by shareholders like the Employees Provident Fund (EPF) on FGV's inclination to overpay for its assets.

The EPF is against FGV's planned acqusition of a 37% stake in Indonesia’s PT Eagle High Plantations Tbk from the Rajawali Group besides the purchase of Rajawali’s sugar project for RM2.8 billion.

Mohd Emir said : “We will talk to them, and not just EPF. We are going to communicate with all our major shareholders on what is the way forward for the company on a one-to-one basis. The reasons to
stay invested are simple: number one is that our strategic and transformation plan will begin to
bear fruit

"Number two is the bump in earnings that the company will derive in the next couple of years. We have the projections and figures and we will share them with shareholders soon,” he said.

It is interesting to note that the EPF had ceased to become a major shareholder in FGV last Monday (June 15).

In a statement to the exchange, FGV said the EPF had sold 8.2 million shares in the company on that day. FGV's annual general meeting was held the following day.

Yesterday (June 19), Felda Global shares rose seven sen or 4% to close at RM1.75 for a market capitalisation of RM6.38 billion.

The stock had fallen 20% this year compared to the FBM KLCI's 2% decline. For a better understanding on Felda Global, kindly pick up and read the latest issue of Edge Weekly.
http://www.theedgemarkets.com/my/article/felda-global-address-shareholders-strategic-and-transformation-plan-ceo

What I read and understand from paper is the Eagle High deal can still be cancelled if majority shareholders(KPF, Tabung Haji, KWAP, EPF, Pahang) disagree.

Md Iqbal do any analyst ask why FGV not paying around IDR 400 for the controlling stake in Eagle High during AGM?

Sceptics are saying the same things in the past when companies like Guthrie, IOI, Sime Darby, KLK, Genting Plantation etc expand to Indonesia.

MAS crashed because their employees was highly paid whereas do Felda workers enjoy the same priviledge? FGV expansion to Indonesia is in part to reduce cost which is escalating in Msia due to minimum wage policy.

MAS before delisted never pay dividend and also have many right issues. FGV every year paid dividend since start listing.

FGV=MAS? MAS=high debt, FGV=cash rich. FGV got land which still can be sold if need to raise cash. Mas got old aeroplane who want to buy?

How true is andychucky28 comment?

Posted by andychucky28 > Jun 12, 2015 08:58 AM | Report Abuse
When you see the word top malaysian politicians, you will think where is your $$$ going. Then you read 1 billion, you will think of 1MDB asking $$$ from felda.

If FGV management is smart they should sell some land for profit especially land that has appreciate in value eg in Johor, etc.

Just wonder why FGV AGM drag until 6 hours. What about future dividend? Will it be as good as in the past? How about CEO position? Can any shareholders remove him? According to Emir his position is endorsed by BOD.

Someone here said what FGV do now is like Maybank did few years ago when they purchased Indonesian bank(BIL?). Can that person enlighten more?

nice1 no idea on how much deposit paid but FGV sure can pay because they have net cash RM 1 billion.

riskabsorber although Golden Land purchase is smaller sum but in term of enterprise value of the planted hectare to be paid is higher than Eagle High(US$17,400).

The deposit paid can be refunded.

Should the Eagle High deal fail to take off, Emir confirmed that FGV would be able to walk away w/o any penalty and all deposits will be returned-Star 17th June.

One more question. Do people really invest base on profit as someone said. Why China stocks are ignored?

However FGV(and likewise KFima) business is not dependant on one customer as suggested in the article. Its fortune is dependant on CPO price and oil palm output(which can be affected by flood). In FGV case it is further complicated by LLA(agreement) which cause wild swing in profit.

For instance, suppose that XYZ stock had very strong revenue in the last year, causing its share price to shoot up from $25 to $80. Unfortunately, one of the company's major customers, who contributed to 50% of XYZ's revenue, had decided not to renew its purchasing agreement with XYZ. This change of events causes a drop in XYZ's share price from $80 to $40.

However FGV(and likewise KFima) business is not dependant on one customer as suggested in the article. Its fortune is dependant on CPO price and oil palm output(which can be affected by flood).

For instance, suppose that XYZ stock had very strong revenue in the last year, causing its share price to shoot up from $25 to $80. Unfortunately, one of the company's major customers, who contributed to 50% of XYZ's revenue, had decided not to renew its purchasing agreement with XYZ. This change of events causes a drop in XYZ's share price from $80 to $40.

Actually I am more worried on Golden Land purchase(RM 655 million) than Eagle High which can still be cancelled(100% refund).

Pakcik Saham your meaning if FGV fail to buy Eagle High they can buy Golden Agri? Cash is king like FGV. A far cry from 1mdb which is debt king.

No chance for KFima to reach RM 2.50? At least FGV has gone up to RM 4 last year or even RM 5 2 years ago. Buying FGV now(RM 1.68) can make 138% gain if climb to RM 4 or 198% gain if reach RM 5.

The only consolation is 4sen dividend next week to reduce our loss. Hopefully CPO price can strengthen in coming months so FGV can enjoy high profit as in the past years. Iqbal why no one ask will KWAP, EPF ever buy back all the FGV shares they have sold that caused share price sharp fall?

If CPO manage to return to their record high RM4,000/tonne or even RM5,000/tonne next few years FGV TP until 2020 could be RM 8-10 or more than 4 or 5X current price with their latest acquisitions

Buy plantation asset if for future gain just like some of us invest in property. Since FGV is plantation stock their investment is buying plantation assets.

A smart investor will choose a cheaper stock to buy which is FGV. FGV is among world biggest plantation companies yet trade at cheaper price than Kulim, IOI, Sime Darby and KLK.

Base on 2014 annual report EPF own 191 million shares. That answer andychucky28 question. Other shareholders may not relevant to us but I believe most of you have EPF savings.

List of Top Thirty (30) Largest Shareholders
(Without aggregating the securities from different securities account belonging to the same Depositor)
No. Name
No. of
Shares held % of Shares

1. LEMBAGA KEMAJUAN TANAH PERSEKUTUAN (FELDA) 729,629,800 20.00
2. FELDA ASSET HOLDINGS COMPANY SDN BHD 498,321,192 13.66
3. LEMBAGA TABUNG HAJI 283,710,100 7.78
4. KOPERASI PERMODALAN FELDA MALAYSIA BERHAD 209,486,108 5.74
5. KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 202,202,900 5.54
6. CITIGROUP NOMINEES (TEMPATAN) SDN BHD
Employees Provident Fund Board
191,087,200 5.24
7. MAYBANK NOMINEES (TEMPATAN) SDN BHD
Pledged Securities Account For Kerajaan Negeri Pahang
182,407,575 5.00
8. AMANAHRAYA TRUSTEES BERHAD
Skim Amanah Saham Bumiputra
150,705,200 4.13
9. MAYBANK NOMINEES (TEMPATAN) SDN BHD
Pledged Securities Account For Sawit Kinabalu Sdn Bhd
89,010,989 2.44
10. HSBC NOMINEES (ASING) SDN BHD
Exempt An For JPMorgan Chase Bank, National Association (Qatar)
80,222,300 2.20
Felda Global Ventures Holdings Berhad
pg
326
ANALYSIS ON SHAREHOLDINGS
As at 15 April 2015
No. Name
No. of
Shares held % of Shares
11. UOB KAY HIAN NOMINEES (TEMPATAN) SDN BHD
SDB Asset Management Sdn Bhd For Chief Minister, State Of Sabah
65,934,066 1.81
12. PERMODALAN NASIONAL BERHAD 57,803,700 1.58
13. AMANAHRAYA TRUSTEES BERHAD
Amanah Saham Wawasan 2020
44,601,400 1.22
14. LEMBAGA TABUNG ANGKATAN TENTERA 35,535,900 0.97
15. HSBC NOMINEES (ASING) SDN BHD
BBH And Co Boston For Vanguard Emerging Markets Stock Index Fund
33,500,557 0.92
16. AMANAHRAYA TRUSTEES BERHAD
As 1Malaysia
31,614,600 0.87
17. AMANAHRAYA TRUSTEES BERHAD
Amanah Saham Malaysia
30,826,400 0.84
18. CIMSEC NOMINEES (TEMPATAN) SDN BHD
Exempt An For CIMB Bank Berhad (Felda IPO SMF)
29,608,400 0.81
19. CARTABAN NOMINEES (ASING) SDN BHD
Exempt An For State Street Bank & Trust Company (West CLTOD67)
28,994,013 0.79
20. UOB KAY HIAN NOMINEES (TEMPATAN) SDN BHD
SDB Asset Managment Sdn Bhd For Ekuiti Yakinjaya Sdn Bhd
20,869,113 0.57
21. HSBC NOMINEES (ASING) SDN BHD
Exempt An For JPMorgan Chase Bank, National Association (U.S.A.)
20,429,143 0.56
22. RHB NOMINEES (TEMPATAN) SDN BHD
OSK Capital Sdn Bhd For Yayasan Islam Terengganu
16,455,100 0.45
23. AMSEC NOMINEES (TEMPATAN) SDN BHD
Exempt An For AmIslamic Bank Berhad (FELDA)
14,912,300 0.41
24. AMANAHRAYA TRUSTEES BERHAD
Public Islamic Dividend Fund
14,110,600 0.39
25. AMANAHRAYA TRUSTEES BERHAD
Public Islamic Select Enterprises Fund
13,009,000 0.36
26. PERTUBUHAN KESELAMATAN SOSIAL 12,200,000 0.33
27. LEMBAGA AIR PERAK 10,000,000 0.27
28. MAYBANK NOMINEES (TEMPATAN) SDN BHD
Maybank Trustees Berhad For Public Ittikal Fund (N14011970240)
10,000,000 0.27
29. AMANAHRAYA TRUSTEES BERHAD
Amanah Saham Didik
7,895,400 0.22
30. HSBC NOMINEES (ASING) SDN BHD
HSBC BK PLC For Abu Dhabi Investment Authority (AGUS)
7,586,800 0.21