Posted by lksiam > 2021-04-14 08:14 | Report Abuse

As per 30/3/21, "With FELDA holding 80.99% and the Pahang government controlling 5%, FGV’s free float is now about 14%"

Be sure you are clear of what FELDA with 81% can do even though privatisation attempt failed. For example, they can pass any resolution (good or bad) without obstruction.

For CalvinTan or any other so called sifu/analyst, trust 50% of their words is enough. haha... Do your own homework and know your own position e.g holding power.

Posted by emsvsi > 2021-04-14 09:59 | Report Abuse

Cover Story: Questions over FELDA’s plans for FGV
Jose Barrock | The Edge Malaysia
December 24, 2020 14:00 pm +08

"For instance, FGV, via a land lease agreement (LLA) with FELDA, controls and operates 350,733ha of plantations owned by FELDA, for a 99-year tenure starting from Nov 1, 2011. FGV on its own has 88,497ha of plantation land and 68 palm oil mills, parked under FGV Palm Industries Sdn Bhd."

Full article: https://www.theedgemarkets.com/article/cover-story-questions-over-feldas-plans-fgv

Posted by emsvsi > 2021-04-14 10:00 | Report Abuse

FGV does not actually 'own' the lands

And you should not use the word intrinsic value when you obviously know nothing of what it means

Posted by Mabel > 2021-04-14 10:19 | Report Abuse

So does Felda ..they don't own the land either. Both FGV and Felda are just the care takers. Bottom line, they still own the land..

The point Calvin at current price at RM 1.37 is way below it's fair value.

With current CPO Prices it should be back to IPO level pretty soon provided this couple (FGV and Felda) are back in bed..

Government should play match makers to get both of them in bed so that both can Meow whole night

CPO is too good to play Cat and Mouse...

Meow

Posted by calvintaneng > 2021-04-14 10:36 | Report Abuse

emsvsi

The contract states Fgv owns the lands for 99 years which is far better than Wilmar and others in Indonesia which only own for less than 60 years lease

In any case Fgv got long term rights of almost 100 years plus it has

1. Replanted lots of New oil palms over the 8 years

2. Built 60 mills worth Rm60 millions each

3. Felda also got its own lands at rock bottom prices at Rm3150 per acre book value as well in Kulai, Tebrau and Tanjung langsat Industrial parks and others worth many billions on its own

Posted by calvintaneng > 2021-04-14 10:39 | Report Abuse

I only calculate with the lowest Rm26,000 per acre

If we take Rm1 million to Rm2 million per acre for Fgv own lands they also add up to a substantial figure

Posted by Lukey_Greek > 2021-04-15 12:51 | Report Abuse

Please avoid FGV for the coming quarter result:
1. Significant drop in CPO exports for Jan & Feb figures
2. Reinstatement of 8% export tax on CPO selling price

In additional, please exclude MSM profit contribution for Q2 & Q3 due to plant closed down. Loss contribution is highly likely.

Posted by calvintaneng > 2021-04-15 13:22 | Report Abuse

Must keep this in view

1. Fgv March Ffb, cpo have jumped up by 30% gain compared to Feb 2021

April onward will be even more excellent

2. Cpo now over Rm4200 compare to below Rm4k

3. Msm share price has gone up from 55 sen to as high as Rm2.00 for more than 200% upside

So one or two months don't impact too much on bottom line

Fgv stands to gain over Rm350 millions from Remeasurement gain of Msm

Last time Drb share price jumped from 90 sen to Rm2.70 due partly from Remeasurement gain from POS

So all in all Fgv should see much better times ahead

Felda is rushing to take it private must now give a much higher price compared to Ipo of over Rm4.00

Posted by 11395861 > 2021-04-15 15:13 | Report Abuse

Tunggu 5 thn boleh dpt price

Posted by calvintaneng > 2021-04-15 20:38 | Report Abuse

Hmmm

Wait 5 years to get Rm4.00?

Let's see

FGV now Rm1.50

In five years FGV Rm4.50

That means in 5 years FGV gain Rm3.00

Or 60 sen per year

60/Rm1.50 is 40% a year

OKOK

I won't mind to buy FGV at Rm1.50 and get 40% yield every year for the next 5 years

THIS IS BETTER THAN PUTTING MONEY IN BERKSHIRE HATHAWAY!

SO HAPPY!!

Posted by calvintaneng > 2021-04-15 20:41 | Report Abuse

Correction

FGV is now Rm1.35 and not yet Rm1.50

Hmmm?

So cheap???

Sure worth buying more!

Posted by calvintaneng > 2021-04-15 22:43 | Report Abuse

Not only Fgv. I once warned about Mnrb because it has Rm300 million expense that looked fishy

And Mnrb crashed to the low of 50 sen
But it recovered and price has now more than doubled

Since the previous leadership of Fgv are now under lawsuit there is a chance that Fgv is being cleaned up like Mnrb

Posted by DickyMe > 2021-04-16 13:19 | Report Abuse

FGV is not undervalued.

In fact, it has NO VALUE!

This stock belongs to the thrash bin.

Posted by calvintaneng > 2021-04-16 22:29 | Report Abuse

Excellent news

66 FGV Palm oil Mills gone High Tech

https://www.nst.com.my/business/2021/04/682878/66-out-67-fgv-palm-oil-...

Posted by calvintaneng > 2021-04-16 22:30 | Report Abuse

Another Income booster for FGV is the price surge of Palm kernal cake due to costly animal feed like Sorghum See https://www.agweb.com/news/crops/crop-production/new-crop-sorghum-surp...