FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

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Last Price

1.33

Today's Change

0.00 (0.00%)

Day's Change

1.32 - 1.34

Trading Volume

272,300


34 people like this.

48,811 comment(s). Last comment by Change_ 2 days ago

Posted by lionel messi > 2 months ago | Report Abuse

Next GO at RM1.50 but depress mkt price as low as possible to make it look attractive. That's the game plan. Minority shareholders' game plan: buy more on the cheap and don't ever sell to them.

Posted by lionel messi > 2 months ago | Report Abuse

Dropping like going to be suspended soon or to announce something. Anyhow, don't ever sell. Let's play ball baby.

Letsfly

332 posts

Posted by Letsfly > 2 months ago | Report Abuse

Messi u also dun sell lor.. We hold together

Undi_PH

145 posts

Posted by Undi_PH > 2 months ago | Report Abuse

GE15 this year Felda Settlers and rakyat please vote PH.

Undi_PH

145 posts

Posted by Undi_PH > 2 months ago | Report Abuse

4.55 IPO price is to con Felda Settlers $.

Posted by lionel messi > 2 months ago | Report Abuse

Amen Undi. Still trying to con minority shareholders by giving cheap GO. Let's fight. Whack Felda kaw kaw by not selling to them.

Posted by moneyontheway > 2 months ago | Report Abuse

@lionel, if there is a compulsory acquisition of the remaining shares, the minority shareholders still have to give in, isn't this correct?

Posted by lionel messi > 2 months ago | Report Abuse

Yes sir/madam. Felda will surely invoke it and sapu everything. Don't ever let them reach 90%

Undi_PH

145 posts

Posted by Undi_PH > 2 months ago | Report Abuse

FGV fails to strike out counterclaim by five former directors, including Ismee, over Asian Plantations acquisition
https://www.theedgemarkets.com/article/fgv-fails-strike-out-counterclaim-five-former-directors-including-ismee-over-asian

Posted by badprecedent > 2 months ago | Report Abuse

come on Felda! dont put on a show present some concrete effort

Michael Kwok

4,948 posts

Posted by Michael Kwok > 2 months ago | Report Abuse

Sell call fgv rm 1.37
Tp 90 cents below
8/10/2022 8.48pm

EVO118

1,666 posts

Posted by EVO118 > 1 month ago | Report Abuse

Can't see this going down to 0.90 with Ge15 around the corner. It will stabilise at current price level until after GE15. Best results for this company is a BN wipe out .

EVO118

1,666 posts

Posted by lionel messi > 1 month ago | Report Abuse

Remember to go grab some. Don't let Felda swallow everything cheaply.

imvu

7,176 posts

Posted by imvu > 1 month ago | Report Abuse

kena dump , apa cerita ?

curiousq

146 posts

Posted by curiousq > 1 month ago | Report Abuse

what happened? pump and dump to lowest ......
delisted soon?

Posted by lionel messi > 1 month ago | Report Abuse

No cerita. Everything abt this counter is fake show. Try to squeeze and scare weak holders to sell cheap. Next GO will be at least RM1.50. Just buy when cheap.

Posted by focusinvestor > 1 month ago | Report Abuse

Look like everyone is still hoping for a higher GO. I would think this will not happen. They maybe just let it suspended and your share will be stuck there. Lots of company which does not follow the requirement will at the end de-listed by bursa and they keep mentioning about their intention not to maintain listing. Good luck.

Posted by lionel messi > 1 month ago | Report Abuse

I sure hope Bursa suspend them asap. Now they are doing nothing like a lame and cacat regulator. Also hope somebody make FGV an election issue on how Felda has ripped off investors, shareholders, pakciks and makciks settlers.

Posted by lionel messi > 1 month ago | Report Abuse

Haha, price movement so manipulated and fake. With palm oil price and other plantation counter going up again, FGV is going back down to its previously failed GO price of RM1.30 back in early 2021. Obviously using friendly party accounts to depress share price by parking large sell orders to entice weak holders to sell to friendly parties parking at the buy side. Typical scaremongering and manipulating tactics parking on both sides using different cds accounts to collect cheaply. Don't fall for such tricks. Collect cheap and beat them at their own game. Bursa and SC, as you watching and learning how they do manipulation?

Posted by lionel messi > 1 month ago | Report Abuse

Fake show on again. Matching in 100 units or sudden withdrawal of large sell or buy orders without any matching. Felda controls more than 80%. They will manipulate however they want to for their evil motive of enticing balance minority shareholders to sell cheap. Don't let them win. Just hold on to your shares or buy more.

Posted by badprecedent > 1 month ago | Report Abuse

capital market regulation at its worst still nothing announcement made to address to resolve the public shareholding shortfall

Posted by Felda_settlers > 1 month ago | Report Abuse

GE15 2 weeks left. FGV cannot surpass RM 1.61; 509(GE14) price how to vote BN?

Posted by lionel messi > 1 month ago | Report Abuse

Right on man. More profitable since then and palm oil price much higher, how can price be manipulated lower? Vote them out.

Posted by Felda_settlers > 1 month ago | Report Abuse

54 Felda seats cannot decide goverment who can?

manahin

228 posts

Posted by manahin > 1 month ago | Report Abuse

Forget GE.....
Wait for GO, any moment now since extension rejected!

Posted by lionel messi > 1 month ago | Report Abuse

Sure not? Extension rejected months ago. Mana GO?

Posted by lionel messi > 1 month ago | Report Abuse

I know another GO is a matter of time but don't know when. Because Felda has said many times die die they want to delist it. I suspect the new GO will be at least RM1.50 but don't know how much. Because anything less will fail again just like in early 2021.

EVO118

1,666 posts

Posted by EVO118 > 1 month ago | Report Abuse

GE15: Bentong Felda settlers tire of politicians’ empty promises.
https://www.thevibes.com/articles/news/76658/ge15-bentong-felda-settlers-tired-of-empty-promises-lost-hope-on-politicians

Damien0111

137 posts

Posted by Damien0111 > 1 month ago | Report Abuse

Malaysia’s crude palm oil (CPO) stocks rose 2.63 per cent to 1.31 million tonnes in October 2022 from 1.28 million tonnes in the previous month on higher production, according to the Malaysian Palm Oil Board (MPOB).

In a statement today, it said processed palm oil inventory grew 5.11 per cent month-on-month (m-o-m) to 1.09 million tonnes from 1.04 million tonnes in September 2022.

"The total palm oil stocks expanded 3.74 per cent to 2.40 million tonnes from 2.32 million tonnes previously,” it said.

On production, MPOB said CPO output was 2.44 per cent higher at 1.81 million tonnes in October 2022 versus 1.77 million tonnes in September 2022

Damien0111

137 posts

Posted by Damien0111 > 1 month ago | Report Abuse

MPOB said CPO imports in October 2022 rose 4.74 per cent m-o-m to 6,601 tonnes against 6,302 tonnes in the previous month while total palm oil imports contracted 49.85 per cent m-o-m to 66,349 tonnes from 132,303 tonnes in the preceding month

Undi_PH

145 posts

Posted by Undi_PH > 4 weeks ago | Report Abuse

Problem is GE will come soon(19th Nov) not GO which has no deadline.

Undi_PH

145 posts

Posted by Undi_PH > 3 weeks ago | Report Abuse

GE15 5 days left. Govn change better for FGV?

Useless

191 posts

Posted by Useless > 3 weeks ago | Report Abuse

QR good no use just like the government.

Useless

191 posts

Posted by Useless > 3 weeks ago | Report Abuse

PE only 3 why cannot enter CI? Government no use?

Posted by lionel messi > 2 weeks ago | Report Abuse

Old article but still good to show what useless and lame regulator we have. Can allow them to drag their feet and take their own sweet time eventhough have rejected their extension months ago. What's the point Bursa and SC? Is there a deadline?


Syndicates

805 posts

Posted by Syndicates > 1 week ago | Report Abuse

Extension rejected still can maintain listing for so long. What's the purpose of setting public spread rule?

8888_

2,885 posts

Posted by 8888_ > 1 week ago | Report Abuse

BN government useless no wonder voted out every GE.

calvintaneng

48,943 posts

Posted by calvintaneng > 1 week ago | Report Abuse

Fgv was Rm4.00 to Rm4.50 in year 2012 during IPO

Revenue was Rm1.7 billions

Today Fgv is only Rm1.41

Fgv revenue now Rm7 billions
Klk revenue only Rm6 billions

Fgv is very very undervalue

Posted by badprecedent > 1 week ago | Report Abuse

It's time for a fresh face to restore the integrity of market regulation without fear or favour to government link company

8888_

2,885 posts

Posted by 8888_ > 1 week ago | Report Abuse

QR just announced with EPS 6.62 sen is better than Innoprise and HS Plant for example. Why FGV below them in share price? Need to change PM to Muhyiddin?

calvintaneng

48,943 posts

Posted by calvintaneng > 1 week ago | Report Abuse

Fgv managed to pare down Rm300 mil debt to increase its assets from Rm1.49 to Rm1.64

up 15 sen

up 15 sen in Nav

Fgv lands in Kulai book value only Rm3000 per acre

bplant sold Kulai land to ytlpower for Rm261,000 an acre

if Fgv assets are revalued it's Nav will be Rm5.00 to Rm6.00 or higher

calvintaneng

48,943 posts

Posted by calvintaneng > 1 week ago | Report Abuse

Syed Moktar interested in Fgv

he took Mmc corp private at Rm2.00 when it was 80 sen

Fgv has more asset value than Mmc Corp and should be worth more

Posted by 11wenhao11 > 1 week ago | Report Abuse

FGV Holdings Bhd is expecting to close out 2022 with a strong annual result on the back of improvements in its operating performance.

According to the plantations group, the sector is expected to remain resilient in 4QFY22 with a flat crude palm oil (CPO) production projection of 18.3 million tonnes.

It added that CPO prices are expected to average about RM4,000 per tonne in the final quarter despite increased supply from seasonally higher fresh fruit bunch (FFB) output as well as stockpiles in exporting countries such as Indonesia.

Posted by 11wenhao11 > 1 week ago | Report Abuse

"Our improved operating performance for 9M FY2022 is mainly attributed to higher palm product margins due to higher CPO price realised and higher throughput and tonnage carried by the Logistic Sector," said FGV group CEO Datuk Nazrul Mansor in a statement.

For the nine months ended Sept 30, 2022, FGV recorded a net profit of RM984.93mil, a 40.15% increase over the same period in 2021.

Earnings per share for the three quarters was 27 sen, up from 19.26 sen in the 9MFY21.

Posted by 11wenhao11 > 1 week ago | Report Abuse

The group's revenue rose to RM19.46bil, 45.34% improved year-on-year (y-o-y).

Despite the year-to-date earnings growth, the group's 3Q net profit was 39.4% lower y-o-y at RM241.67mil due to losses incurred in the sugar sector and lower CPO and processed palm oil sales volume in the plantation sector.

The group's revenue was 16.3% higher y-o-y at RM6.18bil on the back of the higher average CPO prices realised.

ariffiin

24 posts

Posted by ariffiin > 1 week ago | Report Abuse

FGV Holdings Bhd registered a near 40% year-on-year fall in net profit in the third quarter ended Sept 30, 2022, dragged down by losses incurred in its sugar producing business. Net profit fell to RM241.67 million from RM399.39 million a year ago, although revenue grew 16% to RM6.18 billion from RM5.32 billion, thanks to higher palm oil prices. The group, which controls a 51% stake in MSM Malaysia Holdings Bhd, said the sugar segment suffered an erosion in margin mainly attributable to high input costs of raw sugar, freight, natural gas and the weakening of the ringgit despite the increase in overall average selling prices. Its plantation segment was also affected by lower fresh fruit bunch production, and increase in manuring and labour costs as a result of the minimum wage implementation.

Mabel

19,250 posts

Posted by Mabel > 1 week ago | Report Abuse

Today beside Energy and Techs, Plantation counter also did well. So, beside FKLI Dec Future Index, Mabel also secured FCPO Jan 2023 Future Contract. Another gap-up happened yesterday which validated earlier bullish expectation FCPO despite current weak price action.

Mabel took the opportunity to buy 1 Contract at RM 4080 today. Currently it is trading at RM 4117 with continuation to trade above the 10 EMA average lines suggesting the overall momentum remains elevated. This is great as it represents profits to Mabel’s FCPO trading account. She expects the FCPO to continue to trade higher in the near term.

She plans to lock her profit between RM 4,365 and RM 4,495. There will be enough Mabel Oil for everyone for Next Year Chinese Year..

Mabel FarMeow

Change_

173 posts

Posted by Change_ > 2 days ago | Report Abuse

19th Dec Muhyiddin PM 11? Padang Serai election PN win meaning Anwar PM not good.

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