Posted by BuyWithConviction > 2018-01-08 16:15 | Report Abuse

GE stock yes but it really do have improving fundamentals also. This combination can result in a major re-rating if the environment is right. Nothing is sure in the market, always invest with an eye on the risk too.

Posted by dam82 > 2018-01-08 16:47 | Report Abuse

Question is when to sell ..

Posted by shernlee > 2018-01-08 16:52 | Report Abuse

External forensic audit into Felda KLVC project begins today

PETALING JAYA (Jan 8): An external forensic audit into a suspicious land title transfer of Federal Land Development Authority (Felda)’s Jalan Semarak land earmarked for its Kuala Lumpur Vertical City (KLVC) project is expected to begin today.

Felda will give its full cooperation to the forensic audit team that will investigate all activities, decisions, and actions relating to the KLVC project.

“We will not compromise on the transfer of land because we want to regain the land rights. At the same time, we think it (the transfer of land) is a form of misconduct and action should be taken in the event of wrongdoing,” said Felda chairman Tan Sri Shahrir Abdul Samad in a Bernama report.

It was revealed in a Berita Harian report on Dec 21 that power of attorney over the Jalan Semarak parcel worth around RM270 million was transferred to Synergy Promenade Sdn Bhd, which was tasked to develop the land.

On Jan 4, the The Edge Financial Daily reported that Prime Minister Datuk Seri Najib Razak said the government had appointed an external audit firm to conduct the forensic audit, which will also involve the Kuala Lumpur Land and Mines Office and Dewan Bandaraya Kuala Lumpur.

“It will also re-evaluate the relevant regulatory processes, including weaknesses in the internal administration, as well as Felda’s supervision of Felda Investment Corp Sdn Bhd (FIC).

“This audit firm’s investigation will also encompass the Federal Territory of Kuala Lumpur Land and Mines Office and Kuala Lumpur City Hall. The audit firm’s investigation is expected to be completed within 30 days and a full report will be submitted to the Prime Minister’s Department,” he added.

http://www.theedgemarkets.com/article/external-forensic-audit-felda-klvc-project-begins-today

Posted by apokjak > 2018-01-08 17:06 | Report Abuse

yessss, atleast rm2.00 today

Posted by BuyWithConviction > 2018-01-08 17:11 | Report Abuse

Good closing 2.00. Highest volume in current rally. I won't be surprised there was some distribution in that volume today but I suspect it was going into strong hands. The div and earnings guidance given over the weekend is positive and could put FGV on the radar of institutions. Keep eye on big picture and Happy Evening! Hehe

Posted by babiecaden > 2018-01-08 17:19 | Report Abuse

C28 with 200%! Shock

Posted by ks5S > 2018-01-08 17:57 | Report Abuse

Supercharger tomorrow. Let go 2.20 tomorrow

Posted by ks5S > 2018-01-08 17:59 | Report Abuse

Zakaria boleh. Hidup zakaria

Posted by ks5S > 2018-01-08 17:59 | Report Abuse

Zakaria boleh. Hidup zakaria

Posted by GreatWarrants > 2018-01-08 18:18 | Report Abuse

FGV-C31 and FGV-C28. Double? haha..

Posted by BC1010 > 2018-01-08 18:46 | Report Abuse

Jibby and mah mah do your job and goreng to rm3.50 before March !

Posted by Chaostrader > 2018-01-08 19:43 | Report Abuse

Sold...target reached. Will wait for pull back to enter again.

Posted by Orange88 > 2018-01-08 22:10 | Report Abuse

Great returns from C38 and 41. Thank you Prime Minister

Posted by Orange88 > 2018-01-08 22:11 | Report Abuse

Really Shoot today after holding pattern last 2 trading days, accumulate 2 accumulate today pancut

Posted by Jeffreychuah > 2018-01-08 22:21 | Report Abuse

thinking if still can buy for this

Posted by joetay > 2018-01-08 22:31 |

Post removed.Why?

Posted by GreatWarrants > 2018-01-08 23:23 | Report Abuse

http://www.theedgemarkets.com/article/klvc-audit-expected-be-completed-earlier-%E2%80%94-shahrir
Wow gona complete sooner than expected.. Should be strong day for FGV :)

Posted by BuyWithConviction > 2018-01-09 08:30 | Report Abuse

Yesterday the volume expanded to the highest since the rally last week. That is a good sign usually. Hope FGV can continue to rise today. Next target is 2.30. Keep eye on big picture and Happy Investing! Hehe

Posted by BuyWithConviction > 2018-01-09 10:24 | Report Abuse

Back to 2.00. Phew! Selling pressure well absorbed and got renewed buying interest. Good signs.

Posted by carilembu > 2018-01-09 11:56 | Report Abuse

hope fgv follow drb trend... for GE14

Posted by Alliswell > 2018-01-09 11:59 | Report Abuse

C28!! Go go

Posted by Halim6233 > 2018-01-09 12:10 | Report Abuse

U can do it fgv...go to 2.50

Posted by fl888 > 2018-01-09 13:12 | Report Abuse

Tax suspension for 3 months export of Fgv will push to 2.50 easily,,,

Posted by swissvillage > 2018-01-09 13:58 | Report Abuse

Kesm is a good buy. Uptrend, CIMB's top pick 2018

Posted by BuyWithConviction > 2018-01-09 14:56 | Report Abuse

FGV no action today but at least it is holding up well. That is a good sign.

Posted by Alliswell > 2018-01-09 15:18 | Report Abuse

Consider c28 coz it didn't drop wen d mother down.. Higher possibility to go 0.055

Posted by Dalim Hossain > 2018-01-09 15:43 | Report Abuse

The bad news just never ends and all the entities in FELDA’s are performing poorly.

Posted by Alliswell > 2018-01-09 16:40 | Report Abuse

News not matter.. Matter is d market..

Posted by A2mi > 2018-01-09 16:46 | Report Abuse

https://m.facebook.com/story.php?story_fbid=1573394236085964&substory_index=0&id=672484072843656

Posted by de_investor > 2018-01-09 17:11 | Report Abuse

only just profit taking...wil coming 2moro...pls remind this counter is go n pru14...

Posted by BuyWithConviction > 2018-01-09 17:11 | Report Abuse

Negative news largely known and so are discounted already. Any improvements will be news not discounted yet and will therefore drive price up when it happens. Hope and expect more upside in coming weeks.

Posted by Alliswell > 2018-01-09 17:32 | Report Abuse

http://www.theedgemarkets.com/article/fgv-expects-3050-rise-export-volume-export-tax-suspension?type=malaysia

At least rm 2.5!!

Posted by birkincollector > 2018-01-09 17:50 | Report Abuse

Merely profit taking la.

Posted by Chef > 2018-01-09 21:02 | Report Abuse

Crappy End to the Day...

Posted by birkincollector > 2018-01-10 08:07 | Report Abuse

KUALA LUMPUR (Jan 9): Felda Global Ventures Holdings Bhd (FGV) expects a 30%-50% increase in its export volume to major importing countries like India, Pakistan, China and Europe, following the government’s decision to suspend the crude palm oil (CPO) export tax for the first three months of the year, as it is expected to benefit plantation companies with significant upstream operations and strengthen commodity prices for the first quarter of this year.

In a statement today, FGV group president and chief executive officer Datuk Zakaria Arshad said the move is timely and will be effective to reduce CPO stock levels that coincide with increasing demand from China for the upcoming Chinese New Year.

"With this development, we expect a 30-50% increase in the export volume to major importing countries like India, Pakistan, China and Europe. This shall also enable us to increase supply to our joint-venture refinery in Pakistan at a more competitive pricing," Zakaria said.

He said industry players were faced with issues of high CPO stock levels and the strengthening of the ringgit, which have pressured CPO prices to hover around RM2,500 per MT.

With the export tax suspension in place, FGV expects average CPO prices for the first quarter of 2018 to improve slightly by trading around RM2,650 per MT to RM2,750 per MT.

On Friday (Jan 5), Reuters, quoting Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong, reported Malaysia would suspend export taxes on CPO for a three-month period starting yesterday (Jan 8), to boost palm oil prices and reduce high stockpiles.

The last time Malaysia suspended CPO export taxes was in September to October 2014.

However, the export tax suspension will be lifted before the three-month period, if CPO stocks fall to 1.6 million tonnes, Mah said.

The government had earlier set the CPO export tax at 5.5% for January 2018.

Meanwhile, in commenting the overall 2017 performance, Zakaria said FGV’s core business operations had performed well, with positive growth on Fresh Fruit Bunches (FFB) production, compared with 2016.

“As for 2018, we remain committed in delivering the Strategic Plan 2020 (SP20) through better core business performance, stronger financial position, enhanced governance in all sectors and high performance culture that will deliver sustainable value to our shareholders,” Zakaria added

Posted by BuyWithConviction > 2018-01-10 09:14 | Report Abuse

Despite running up recently and some profit taking yesterday, it still managed to recover and hold steady at 2.00 so far, that is a good sign. Hoping for the best as usual. Hehe

Posted by SuperHeroes > 2018-01-10 09:24 | Report Abuse

No power to rise up

Posted by Alliswell > 2018-01-10 09:30 | Report Abuse

Just wait n c

Posted by Fearless2018 > 2018-01-10 09:48 | Report Abuse

good morning everyone.. looks like we've an early lead / recovery... hopefully keep the momentum going =)

Posted by Alliswell > 2018-01-10 09:59 | Report Abuse

Tis time sure 2.3! At least

Posted by wiki123 > 2018-01-10 10:15 | Report Abuse

Alliswell congrats...

Posted by pretty_life > 2018-01-10 10:16 | Report Abuse

Congrats to every one

Posted by BuyWithConviction > 2018-01-10 10:21 | Report Abuse

When it kept coming back to 2.00 despite bouts of profit taking, it suggested more action to come. Yes, congrats to all, early CNY!! Hope for more to come.

Posted by BuyWithConviction > 2018-01-10 10:22 | Report Abuse

Yes, next target is 2.30, one step at a time.

Posted by Alliswell > 2018-01-10 10:33 | Report Abuse

Tq wiki congrats to u too..

Posted by wiki123 > 2018-01-10 10:45 | Report Abuse

The hint is very strong, they cancel export tax.. So that means stronger profit... Its a catalyst

Posted by Alliswell > 2018-01-10 10:54 | Report Abuse

Yeap...it wil hit 4 sure

Posted by wiki123 > 2018-01-10 11:18 | Report Abuse

4? wow... then C28 got time to reach or not? it's expiring soon

Posted by money_lai > 2018-01-10 11:30 | Report Abuse

his 4 is for, i guess;)

Posted by Rio88 > 2018-01-10 11:31 | Report Abuse

pretty...how much is ur TP?? hehe