Posted by Mohd Fahmi Bin Jaes > 2018-02-23 13:05 |

Post removed.Why?

Posted by AnnH > 2018-02-23 13:05 | Report Abuse

got live conference to announce results

Posted by AnnH > 2018-02-23 13:05 | Report Abuse

if no good can not show face la

Posted by AnnH > 2018-02-23 13:07 | Report Abuse

got div somemore hihi

Posted by T1T4N > 2018-02-23 13:07 | Report Abuse

Q4 results very bad.
Annual still OK

Posted by ArsenalBoyz > 2018-02-23 13:11 | Report Abuse

Results is considered good, PBT rm245 million higher than last year, not sure why tax rate was so high.

Posted by AnnH > 2018-02-23 13:16 | Report Abuse

FGV PBT Soars 60% to RM417 million in FY2017

Posted by Qwertyuiop > 2018-02-23 13:20 | Report Abuse

see the operating, bad? damn good lo for me at least.

Posted by fl888 > 2018-02-23 13:20 | Report Abuse

If not for IRIS, profit will be better.....

Posted by AnnH > 2018-02-23 13:23 | Report Abuse

Flash: FGV 4Q net profit falls to RM76.57 million from RM112.46 million a year ago - aiyoo ini the edge punya line

Posted by Winmore88 > 2018-02-23 13:25 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/02/23/fgv-earnings-jump-350pct-to-rm143pt7m-in-fy17/

Posted by Winmore88 > 2018-02-23 13:25 | Report Abuse

KUALA LUMPUR: Felda Global Ventures Holdings Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

's (FGV) earnings jumped 356% to RM143.73mil in the financial year ended Dec 31, 2017 from RM31.46mil in FY16, underpinned by a strong performance from the plantation and logistics & others (LO) sectors.

The company announced on Friday that profit before tax (PBT) increased by 60% to RM417mil from RM260mil.

FGV group president and CEO Datuk Zakaria Arshad said: “The plantation sector registered a significant improvement with a profit of RM554mil from RM234mil in the previous year.”

The stronger performance, he said, was due to higher fresh fruit bunches (FFB) FB production, better crude palm oil (CPO) sales margins and stronger performance from JV companies.

However, it FY17 revenue however slipped 1.6% to RM16.97bil from RM17.24bil a year ago.

In the fourth quarter, its earnings fell 31.9% to RM76.57mil from RM112.45mil. Its revenue fell at a slower pace of 16.9% to RM4.27bil from RM5.15bil.

Earnings per share were 2.1 sen compared with 3.1 sen.


Read more at https://www.thestar.com.my/business/business-news/2018/02/23/fgv-earnings-jump-350pct-to-rm143pt7m-in-fy17/#Toq56KXTTRe83Eve.99

Posted by AnnH > 2018-02-23 13:25 | Report Abuse

contradicts :) depends how u look at it

Posted by AnnH > 2018-02-23 13:27 | Report Abuse

theedge nanti satu kali round kena tutup sama boss ahjib

Posted by dam82 > 2018-02-23 13:29 | Report Abuse

how will the market react ?

Posted by Ring > 2018-02-23 13:33 | Report Abuse

N for sure push to 3 at least..........54 MP seats in felda

Posted by dam82 > 2018-02-23 13:41 | Report Abuse

i highly doubt ... i expected better from FGV despite all tax incentive still can't make profit ...seems like no hope for A-Z Team ....

Posted by SpicyMcDeluxe > 2018-02-23 13:45 | Report Abuse

madnesss

Posted by T1T4N > 2018-02-23 13:49 | Report Abuse

Making profit. Just lesser than last qoq

Posted by Maceve > 2018-02-23 14:00 | Report Abuse

QoQ is improved compared to YoY and this is inline with other players in the industry. Not bad actually and the tax exemption will be reflected in 1st Q of 2018. Expect can cross RM100M.

Posted by Ring > 2018-02-23 14:11 | Report Abuse

The world’s largest producer of CPO announced on Friday that profit before tax (PBT) increased by 60% to RM417mil from RM260mil.

FGV group president and CEO Datuk Zakaria Arshad said: “The plantation sector registered a significant improvement with a profit of RM554mil from RM234mil in the previous year.”

Posted by Ring > 2018-02-23 14:11 | Report Abuse

If true then price shd...........

Posted by Vizhai > 2018-02-23 14:14 | Report Abuse

The price should................ x2

Posted by Yunz > 2018-02-23 14:19 | Report Abuse

Currency causing the reduction of YOY.. Overall is a good quarter

Posted by Mohd Fahmi Bin Jaes > 2018-02-23 14:20 |

Post removed.Why?

Posted by BuyWithConviction > 2018-02-23 14:20 | Report Abuse

Results ok, based on annualized 4th quarter earnings and 25x PE, fair value closer to RM2.10. If assume a rebound in earnings in 2018, then a RM2.50 target seems reasonable. But I am no expert, just sharing views and hoping for the best! Hehe

Posted by Lee Yih Yeong > 2018-02-23 14:21 | Report Abuse

PE 50 should be drop kaw kaw

Posted by fkser > 2018-02-23 14:23 | Report Abuse

drop kaw kaw

Posted by Ring > 2018-02-23 14:30 | Report Abuse

Up for sure up but how much

Posted by dam82 > 2018-02-23 14:32 | Report Abuse

drop lah ... go up also bit only

Posted by BuyWithConviction > 2018-02-23 14:34 | Report Abuse

Let those trading on the results to exit first and then stock can rise further. So some short term pressure won't be surprising.

Posted by dam82 > 2018-02-23 14:43 | Report Abuse

kasi limit down lah ..

Posted by AnnH > 2018-02-23 14:47 | Report Abuse

wah overreact la

Posted by syedluqman > 2018-02-23 14:51 | Report Abuse

Buy 2.02... still can up or cut lost? Any opinion?

Posted by dam82 > 2018-02-23 14:53 | Report Abuse

don't cut loose if you got holding power ...

Posted by syedluqman > 2018-02-23 14:56 | Report Abuse

Can rebounce when GE14?

Posted by BuyWithConviction > 2018-02-23 14:57 | Report Abuse

Buy if got holding power. Hehe

Posted by fkser > 2018-02-23 14:59 | Report Abuse

jangan takut jib jib push push

Posted by fl888 > 2018-02-23 15:01 | Report Abuse

Opposition pushing it down but will loose to capitalist who have power and moneyyyyyy.. FGV will go back t0 above RM2 today

Posted by Yunz > 2018-02-23 15:05 | Report Abuse

agree.. before qr push so high xkan 1 quarter then push back down.. furthermore fgv good side is on future.. look ahead!

Posted by stainlyho37 > 2018-02-23 15:10 | Report Abuse

go back above 2.00 ..just watch out...

Posted by fl888 > 2018-02-23 15:11 | Report Abuse

Bought CWs 41 & 43 as near cp RM2....

Posted by pakatan_harapan2 > 2018-02-23 15:12 | Report Abuse

43% IPO price left BN think good performance? Pls dissolve Parliament asap.

Posted by pakatan_harapan2 > 2018-02-23 15:18 | Report Abuse

FGV was not listed when Dr M was PM for 22 years sure have good reasons. Con rakyat IPO BN can proud of?

Posted by miker > 2018-02-23 15:21 | Report Abuse

Felda investment in Indonesia Eagle High a bust, says oil palm watchdog

https://www.themalaysianinsight.com/s/38926/

Untung pun tarak guna, kasik mau bayar utang. Bolo pinya meniaga. All of you should dump this FGV, let it be lima posen forever.

Posted by pakatan_harapan2 > 2018-02-23 15:23 | Report Abuse

A good IPO FGV should fetch RM 5-6 after 6 years not RM 2.

Posted by miker > 2018-02-23 15:25 | Report Abuse

If in the good and competent hand, FGV should already fly around RM6-RM7. Initially they have cash around RM4 billion...

Posted by pakatan_harapan2 > 2018-02-23 15:27 | Report Abuse

Anak-anak Felda tolong sedarlah ubah kerajaan di tangan anda.

Posted by fl888 > 2018-02-23 15:30 | Report Abuse

Felda will be Buy on News, sell on ruomours.....phenomena..

Posted by chunwei94 > 2018-02-23 15:33 | Report Abuse

too much scandal dy.