now will start recovery and head towards 30 cents

the worst is over

will drop back to 0.10 - 0.12 b4 rebound again

i foresee tomolo will go above 30 cents

only company finance people who do forex hedging will know whether there is forex gain/loss, but since it is a hedge, so even there is forex losses it will be off-setted by the gain in sales price...but in Q4 i don't foresee forex losses as the company sell USD first to lock the rate...as MYR strengthen in Q4 after change government, i am seeing there is forex gain instead. but a hedge is still a hedge, any forex gain will be off-setted by lower sales profit when company changed their USD back to MYR...what we shud be see is how the company perform in term of revenue and core profit rather than focus on forex gain/loss

@winsonpan base on past years record, dividend announcement will be during 20th - 28th Feb

expect to announce dividend between Rm0.28 to Rm0.32...at current price still very good yield, abt 8%

FFB price today is so much higher compare to 5 years ago

saw from news IOI buying NPC recently, their plan to buy kretam call off already?

when is the free warrant start trading? expect to trade at what price?

i saw from IOI website they already has a refinery in sandakan, is it possible they will want to buy over kretam which also has a refinery located in sandakan?

if i am IOI i will not buy now because price so high, better wait palm oil price drop back only buy, that time can buy at lower price

all rumour only no action, talk very long but until today nothing happen

wait few years already still not yet goreng...zzzzzzzzzzzzzzzzzzz

if the land is commercial or residential title sure it is worth more than 80 cents PSF, the advertised land is plantation land, if you check transaction record of plantation land past 2 years, it is transacted between Rm70k - Rm90k per hectare (depend on trees profile)...the advertise price of Rm85 PSF is factor in the potential to convert the land title to commercial or residential title for future development due to its vicinity to JB (once develop into commercial or residential properties you can sell it at at least Rm500 PSF, that is provided you actually have money to develop the land and it will takes few years or even decades)

yes i never deny FGV current book value of their land is under value, most plantation companies too, however, they certainly not be able to sell at Rm85 PSF...value of the company derives from whether they able to generate sustainable profits using the assets they have rather than purely base on holding of under value land assets


calvintaneng I don't think in Plentong there is land selling at 80 sen psf
.
Even if got at 80 sen psf also nothing compared to Fgv lands valued at 7.2 sen psf book value

That is already more than 1,000% increase if Fgv just revalue to 80 sen psf and book them as profit

Fiamma, Seacera and Oka revalue lands and book them as profit

Fgv if revalue all it's lands the Nta should be Rm7 to Rm10 or higher today

i don't deny the fact current book value of FGV land is under value, in fact, most plantation companies book value of their land are under value as most do not re-value the land for quite some time...but we need to bear in mind it is how the company generating profit from the land that gives value to its share price...historically, high price cycle for CPO price will not last forever, so, the question we should ask b4 putting money in FGV (and any other plantation companies), is when the cpo price drop back to Rm2000, can the company still be profitable

don't simply mislead people with land valuation...
Land advertised in Plentong at Rm85 per sq ft is because location of this piece of land is near to JB , the price is inclusive of the premium for its potential to be develop into township. if it stays purely as plantation land, well, the most you get is Rm90k per hectare = Rm0.80 / Sqr feet

already sinking..

KYY very quiet today, maybe also join the selling to cut loss

for long run currently not a good price to enter, need wait it fall back to pre-covid time only buy, then sell at the next covid outbreak again, haha

so do own analysis whether can the earning continue to be great. there is no right or wrong, just that currently more people think going forward earning will not be as great as now.

very likely he is still holding big position on gloves so no choice have to convince more people to believe the coming earning will be great so that he can escape, haha

it is very clear the intention of Lim family buying back is purely to support prices, if they really want, they can just wait and buy back at much lower price

whole family come out to support also no use, selling pressure is there because generally, investors do not believe huge earning can sustain in coming quarters

what KYY want to do now is to get people to believe good earning can sustain, but from the price movement of glove counters, many peoples are still skeptical and stay sideline. meanwhile i think many current glove holders are still having faith with outlook of the sector and not panic sell so price just moving down gradually and not not collapse sharply

what happen to TG (and other glove counters) is just reflecting overall market view of the sector...it means most investors does not believe huge earnings can sustain with the roll out of vaccine. price will continue to slide unless investors start to believe otherwise

current result is already history....from the way it goes, many investors are not convinced company will reproduce that sort of earnings in coming quarters, unless people starting to believe otherwise, else will have no chance to move up

current result is already history....from the way it goes, many investors are not convinced company will reproduce that sort of earnings in coming quarters, unless people starting to believe otherwise, else will have no chance to move up

good dividend!!!

EPF already sold quite a lot , now sidelined waiting for further direction

actually this is first time i subscribed RI, quite blur how it works initially, don't even know the right can be traded and only aware when my broker prompt me on the last day then only i decided to subscribe (at that time the right drop to only 0.08, lol)...turn out to be a good move, now more familiar how it works, shud have buy more rights at 0.08 at last day to subscribe more, haha

ref price is just reference, dun see so much into it...important is what level will it trade, i think the price will trade quite on par with mother share since it's 1 to 1 conversion

this counter is not a goreng counter....the up move is backed by good FR...with EPS of 19 cents a year, there is still more room to go up

Excellent result!!! A good turnaround from losses last year to huge profit this year with improved cash flow and reduce debt level at the same time...now let see whether company will announce how much dividend in next quarter

the proceeds of the PP will be put to:
- reduce borrowing
- fund new projects

it is good for the company prospects

nothing special, financial result is in line with current economy situation, lesser sales but the company still manage to remain profitable...one thing i like this company is they consistently distributing dividend / bonus issue to reward shareholders even in bad time like this

ya now on the road of recovery, gradually will go back to Rm1

minimum 12 cents dividend to declare in feb'21

wow good result somemore give dividend

Above Rm1 no problem

haha, read through the whole of latest financial report, nothing mention about planting at all, really wonder where the money goes

the only plantation counter that still loss money at CPO price above RM3000, this counter is more for goreng than investment

dividend announcement is February

5 year later Rm10

afternoon i wait at 2.00 wait until neck long also never come

limit up 1.29 only

to declare 12 cents dividend soon, how to come down?

wah what happen?

with 12 cents dividend expected, current price is still low, fair value is around 2.32 - 2.40

holding well despite KLCI crashed