The current findings by BOD on Safitex issue is as good as syiok sendiri in my opinion.

The findings from Idris Jala is what matters.

TS Shahrir is adamant wanting to have 3 Felda reps in the board.

Even in the worst case scenario where Z out and Isa still in, things
will never be the same for Isa as the Felda reps will be the eyes and
ears for TS Shahrir.

Whichever u cut it, Isa can be considered a spent force for now

KPF bought back 1 million shares when FGV plunged the other day.
No selling of big fund announced.

Hopefully worst is over.

Lk036...... potential buyer in hand? Sure ka???

Ring....I was surprised with that statement by our PM.
Feels like he commit something that has to be delivered.
A statement that will be closely watch until the upcoming GE14.

To me if FGV can reclaim to 1.95 before raya is good enough.

After raya, need new catalyst to bring investor confidence i.e :
1) New Chairman
2) New CEO
3) Appontment of 3 Felda reps into FGV

Thereafter needs another catalyst to take it higher i.e:
1) new shareholder/new partner
2) earnings recovery (including MSM)

By bulan puasa has to settle!!!

Given the right management team and good governance..... this counter has a lot of potential.

Revenues in excess of 15 b annually. If can get a margin of say 10%, nett profit in excess of 1 billion yearly is not impossible.

Currently, this counter should be close to its bottom already, if not already at its bottom.

For long term investor, risk reward is compelling to slowly invest in this counter

Looks like bottom has been establishes for now.

Must have duit raya..... otherwise how to balik kampung and beraya with Felda folks?
With all this mess.... they would probably just ditch your jamuan raya....

Must have duit raya.... but patience is needed here....

FGV will give duit raya one..... be patient!!

https://www.themalaysianinsight.com/s/4557/

The fate of FGV Chairman shall be left to the shareholders to decide.

I fully agree. What say you fellow FGV shareholders?

"I don't know (when MACC will clear me). Hopefully this saga will end in another one or two weeks," he said, adding that he already met the Prime Minister.

Hopefully the appointment of Idris Jala will stabilize the share price in the immediate term.

To be honest, I feel overwhelmed with what happened in the past 2 days:

Forced leave---- MACC---- Appointment of Idris Jala. FGV must mean something important to the Gov isnt it?

One day heavy selling, the very next day heavy buying. Welcome to FGV!!

Looks like there is going to be a twist in the plot

Do you guys seriously think Isa and BOD has strong case against Zakaria?

What if MACC clears him of any wrongdoing?

If the Safitex late payment issue is the sole reason for all this drama, I would think otherwise.

Mr Market has punished FGV share price ever since the failed board meeting to oust Dato Zakaria on 31st May 2017.

With Dato Zakaria's defiance letter today, hopefully Mr Market will react positively to boost FGVs share price. That certainly will be a morale booster to the Dato Zakaria's camp.

TS Shahrir should be more powerful than TS Isa by virtue of being Felda Chairman. After all, Felda is holding controlling stake in FGV.
The fact that TS Isa failed to convinced FGV board to oust Dato Zakaria may prove the limited influence/power that he has in FGV currently. Good to know Dato Zakaria is adamant not to surrender and quit as instructed (as per his letter published today).
Looks to me TS Shahrir are more aligned to Dato Zakaria on how FGV should be managed (i.e cost cutting, cut unnecessary expenses etc). We may be subjected to more volatility ahead as the drama unfolds. Just my 2 cents

Hope to have a good closure to this drama once and for all

Raw sugar price drop below 14 now. If it stays this way, MSM should report good profit coming quarter right? And FGVs 51% share of profit should be higher right?

This quarter report will be the first full quarter since TS Shahrir takeover as Felda Chairman.....

This quarter will also be the first after CEO Zakaria said "worst is over"......

This quarter report is also when CPO price is at its highest in over 5 yrs (average RM 3000)....

This quarter will also be the first quarter in the much anticipated election year.....

Looks like too much at stake to screw up this time....

All the best to all who put their money in FGV....!!! Hope our patience will be rewarded.....!!!!

Genting Plantation profit up 197%. For FGV, at least breakeven or small profit can? Is it too much to expect from FGV ka.....2 more days to go

Today how FGV. Result out today, most probably after market close. Can up or not?

BKawan nett profit up 73%, KLK net profit up 72%......FGV dumb2 at least breakeven or small profit can or not??

So how FGV today? Standing strong or shaky.......

So what is the mood for FGV today?

Continue charging up or sleeping??

Whats in store for FGV today? Up or down?

FGV options:

1) do nothing - continue bleeding. May not be acceptable
2) privatization - too costly for Felda to do it alone.
3) asset injection/ buyout by new major shareholder - if foreign partner, sensitive issue politically. if local, who? There is a report in the Edge mentioning Syed Mokhtar has formally submitted proposal to save FGV. MOF officials confirmed the submission and regarded the proposal as credible.

While the actual work is happening in the background, we may have to bear with the piecemeal info from news report which may swing the share price up and down. But something will have to happen as the current state of affairs is not sustainable.

Hahaha.... in the case of FGV. Very true indeed.

So what can we expect after C16 expiry? Slowly climbing up?

What can we expect for the upcoming quarterly result due this month? CPO price in Q1 averaging around RM3000, so shud be ok right?

Technically, its technical chart is not that promising as it closed below 50 and 200 SMA since last week.

Less panic selling now. Hopefully price can slowly recover from now on. Last week drop of over 15% for no obvious reason is really puzzling.

I noticed the raw sugar price has dropped from USD 21 in Q3/Q4 2016 to USD 15 currently.
That represents a drop of almost 30% in sugar cost price!!!

Plus, with the new sugar price hike early this yr we can expect FGVs 51% owned
subsidiary- MSM margin to increase significantly this year vs last year. This should be positive for FGV as the profit contribution from MSM can be quite significant !!

Notice that funds esp EPF, PNB and Koperasi Felda keeps accummulating MSM since early this year.

There is a small coverage in Focus weekly that Felda subsidiary is bidding for long term logistic services contract for CPOC (JV project between Perronas and Thai PTT) . Maybe a good thing if it can secure the contract

http://nexttrade.blogspot.my/2017/05/fgv-whats-up.html?m=1

Looks to me today is the right time to enter. Anticipating a slow climb back to above RM 2.00 from now on. I could be wrong but good luck all.

Interesting coverage on Felda and FGV in TheStar today. From my understanding, it will remove the burden on FGV having to pay RM 250 mil on top of 15% profit derived annually.

Not to mention on replanting cost needed as some of those trees in Felda LLA are less efficient (more than 20 yrs old)

So if Felda decided to terminate the LLA, it may not be bad to FGV after all. In addition, potential new partner in FGV in the name of Wilmar may inject further excitement to this stock.

Chartwise, FGV is still on uptrend. Good luck all!!

Profit almost the same as per previous corresponding quarter. EPS drop due to higher number of shares after corporate exercise end of last year.

If can maintain current performance, annualised EPS is 24 sen (minimum). PE 8 = 1.92, If PE 10 = 2.40

Profit margin increased despite lower revenue. Not too bad after all. Just my 2 cents.

Down but not out yet. As long as FGV can maintain 2.03 or above, the next upleg is still intact. Currently FGV is slightly overbought and current price weakness is expected.

Just my 2 cents. Good luck all!

Nice uptrend FGV!! Slowly but surely!! Good luck all

Nice!!

Down with small volume over the past 2 weeks. Price well supported so far. Players are still in most likely. Judging from WB movement, next upleg could be just around the corner.

Just my 2 cents. Good luck all!!

CEO purchasing the share directly from open market. Good sign? Good luck all!

Saturation again at 2.04. Last time it happened at 1.90/1.91 level and shot up instantly to 2.18 highest. Interesting to see what will happen this time. Hopefully a pleasant one. Good luck all !!

Technically strong as FGV able to close at 2.04 or above for the past few days. Huge T+4 volume was well absorbed today. I expect FGV to continue to trend higher next week. Good luck all!

Splash consession is a cash cow for Gamuda. The more the delay, the more value can be extracted

FGV looks beaten but not out yet. Technically still hold to close above downtrend line. Good luck for tomorrow !!

Looking good. Breakout after saturation at 1.90/1.91 level. If close 2.04 or higher, should expect uptrend to continue. Good luck all!!

Looking good. Breakout after saturation at 1.90/1.91 level. If close 2.04 or higher, should expect uptrend to continue. Good luck all!!