FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

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Last Price

1.17

Today's Change

+0.03 (2.63%)

Day's Change

1.14 - 1.18

Trading Volume

753,000


35 people like this.

49,346 comment(s). Last comment by limch 1 day ago

fl888

7,728 posts

Posted by fl888 > 2018-02-23 15:42 | Report Abuse

profit jumped 356% so price should jump 35% to 3RM anytime..

miker

708 posts

Posted by miker > 2018-02-23 15:58 | Report Abuse

Profit jump mainly not ftom CPO, but disposing non core business asset....

A2mi

51 posts

Posted by A2mi > 2018-02-23 16:14 | Report Abuse

At this result, im confident fgv is on its way towards rm100 mil profit for 2018.

A2mi

51 posts

Posted by A2mi > 2018-02-23 16:16 | Report Abuse

Closed down/divestment of its non core asset/business may strengthen the guarantee of profit for core business (milling and plantation).

Posted by GoodCompanies > 2018-02-23 17:13 | Report Abuse

pakatan2, answer this lah, your geng want to do inheritance tax of 30%. So how? No way i will vote for you as an investor.

rlch

4,142 posts

Posted by rlch > 2018-02-23 17:13 | Report Abuse

Best QR in 1 year. So GE 14 must be held before Puasa start?
https://klse.i3investor.com/servlets/stk/fin/5222.jsp

Alex™

12,594 posts

Posted by Alex™ > 2018-02-23 17:14 | Report Abuse

ok gooding. tp pe168.

ratz

285 posts

Posted by ratz > 2018-02-23 18:11 | Report Abuse

Target price RM1.60 in the near term. Short sell the stock under the RSS framework and make money!!!

fl888

7,728 posts

Posted by fl888 > 2018-02-23 18:57 | Report Abuse

If FGV targeted to RM1.60, Pakatan sure will win GE14 ,,,,,,but if targeted to RM3, good chance for BN to win GE14...

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2018-02-23 20:40 | Report Abuse

I see it as a goond QR. QoQ is improved ... just yoy dropped. Overall, The profit for 2017 still 350% more than 2016. And FGV will do better in 2018 as raw sugar price decreased/ Sugar production will increase as new factory will start in operation in June 2018/ stronger RM/ palm oil tax exemption/ lower labour for palm oil harvesting. Looking ahead for 2018 ... and can be sure that Q1 for 2018 will denitely do well.

Hard time for FGV is over. FGV will be polished become a shinning diamond from 2018 onwards .

curious2

1,812 posts

Posted by curious2 > 2018-02-23 20:40 | Report Abuse

Why EPF not attend Z briefing?
http://www.theedgemarkets.com/article/fgv-expects-better-fy18-ffb-improvements

Posted by Mohd Fahmi Bin Jaes > 2018-02-23 20:42 | Report Abuse

23-Feb-2018 Insider KOPERASI PERMODALAN FELDA MALAYSIA BERHAD (a substantial shareholder) disposed 1,500,000 shares on 21-Feb-2018.
23-Feb-2018 Insider KOPERASI PERMODALAN FELDA MALAYSIA BERHAD (a substantial shareholder) disposed 997,400 shares on 20-Feb-2018.

curious2

1,812 posts

Posted by curious2 > 2018-02-23 20:43 | Report Abuse

21-Feb-2018 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 563,900 shares on 19-Feb-2018.

Posted by BuyWithConviction > 2018-02-23 21:08 | Report Abuse

Substantial shareholders buy, substantial shareholders sell. So positive or negative?
As said before, my guess is that the 2.00 level event needs to be completed first. That is why the emphasis on FGV is its medium term big picture.

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2018-02-23 21:12 | Report Abuse

A lot of measures been taken to improve FGV ... Potential to grow is huge ...

hstha

3,324 posts

Posted by hstha > 2018-02-23 22:46 | Report Abuse

FGV 4Q earnings decline 32% to RM76.57m http://www.theedgemarkets.com/article/fgv-4q-earnings-decline-32-rm7657m

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2018-02-24 00:03 | Report Abuse

ya. but the coming Q1 is foreseable will be good.

Orange88

4,181 posts

Posted by Orange88 > 2018-02-24 01:09 | Report Abuse

Fgv c41 best

Posted by Championmbsbnsimecw > 2018-02-24 12:29 | Report Abuse

Rerating coming buy

Maceve

286 posts

Posted by Maceve > 2018-02-24 13:08 | Report Abuse

Z mentioned they will be selling another business worth few hundred millions....is that MSM?

limch

3,262 posts

limch

3,262 posts

Posted by limch > 2018-02-24 17:13 | Report Abuse

FGV tinjau beli ladang di M'sia, Indonesia, Afrika

KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) bercadang menambah keluasan ladangnya pada tahun ini dengan meninjau potensi membeli ladang atau tanah baharu di Malaysia, Indonesia dan Afrika.

Presiden dan Ketua Pegawai Eksekutif Kumpulan FGV, Datuk Zakaria Arshad, berkata pengeluar minyak sawit (MSM) terbesar dunia itu bercadang untuk menambah keluasan ladangnya sebanyak 20,000 hektar lagi.

Beliau berkata, ketika ini, pihaknya sedang berunding dengan beberapa pihak mengenai pembelian kawasan ladang baharu itu.

"Kami meninjau tanah atau ladang yang menepati kriteria Persidangan Meja Bulat Minyak Sawit Lestari (RSPO). Jika tidak menepati RSPO, kami tidak akan membelinya," katanya pada sidang media selepas menyampaikan taklimat prestasi kewangan FGV bagi tahun kewangan berakhir 31 Disember 2017, di sini, hari ini.

Selain itu, Zakaria berkata, FGV juga bercadang untuk menjual dua hingga tiga aset bukan terasnya pada tahun ini sejajar dengan strategi syarikat peneraju perniagaan agro itu untuk menumpukan dalam perniagaan perladangan.

Beliau berkata, setakat ini, pihaknya berada di peringkat akhir untuk menjual satu hingga dua aset bukan terasnya.

Zakaria berkata, FGV juga akan memberi tumpuan tahun ini dalam usaha meningkatkan jumlah pemborong utama bagi minyak masak sebanyak 25 peratus di seluruh negara daripada 200 pemborong utama ketika ini.

Beliau berkata, pengeluar MSM itu juga akan terus membangunkan hasil tanaman yang lebih tinggi dan benih kelapa sawit berkualiti menerusi penyelidikan genetik molekul.

Mengenai isu jawatan Presiden dan Ketua Pegawai Eksekutif MSM Malaysia Holdings Bhd (MSM), Zakaria berkata, pihaknya masih membuka tawaran kepada Datuk Mohamad Amri Sahari untuk kembali semula menerajui syarikat pengeluar gula itu.

Beliau berkata, pihaknya memberi masa yang mencukupi untuk Mohamad Amri membuat keputusan.

Januari lalu, MSM mengumumkan kekosongan jawatan Mohamad Amri berikutan keputusan beliau melepaskan jawatan itu selepas mendakwa beliau disingkirkan secara konstruktif.

Jawatan Presiden dan Ketua Pegawai Eksekutif MSM kini dipangku Mohd Shaffie Said.

Sementara itu, Zakaria berkata, FGV akan terus berhubung secara rapat dengan pemegang kepentingannya dan juga orang awam dalam menguruskan isu persepsi membabitkan FGV.

Beliau berharap orang ramai jangan keliru dengan operasi FGV yang mana perniagaan terasnya adalah dalam perladangan dan tidak terbabit dalam perniagaan hotel dan pelaburan hartanah lain.

https://www.bharian.com.my/bisnes/korporat/2018/02/392060/fgv-tinjau-beli-ladang-di-msia-indonesia-afrika#cxrecs_s

Posted by Championmbsbnsimecw > 2018-02-24 18:52 | Report Abuse

Fgv blue chip tp Rm 2.4 by June 2018

limch

3,262 posts

Posted by limch > 2018-02-24 20:52 | Report Abuse

"This year they must continue to improve(dividend) to at least 7.5 sen," he said.
Read more at https://www.thestar.com.my/news/nation/2018/02/24/shahrir-fgv-back-on-the-right-track/#jeE205Ddv9xK6MLh.99

fl888

7,728 posts

Posted by fl888 > 2018-02-24 22:36 | Report Abuse

By selling non-core business to boost qtr results will make FGV less diversified and is like everything in one basket,,,,,,palm oil...no wonder price drops when announce qtr results ,,,as investors do not seem to like their new corporate strategy ..etc,,,

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2018-02-25 09:13 | Report Abuse

During good time, diversification is the selling point.
During bad time, business focus is the survival argument.
All these are just management fads, nothing new but is good for speculators and management. Intervention from unwanted, poor enforcement and long legal proceedings, greedy etc will continue to be the challenges going forward. Good luck everyone.

limch

3,262 posts

Posted by limch > 2018-02-25 12:17 | Report Abuse

24. Prospects
The Group’s 2017 full year results improved on the back of higher average CPO realized price achieved and higher fresh fruit bunch production, assisted by FGV’s Transformation and Growth initiatives during the year. The transformation and growth enhancing efforts will continue into 2018, where the Board expects further positive results to be achieved.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5699165

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2018-02-25 13:41 | Report Abuse

FGV is in the process of recovery ....

ajibkor

168 posts

Posted by ajibkor > 2018-02-25 19:43 | Report Abuse

Kuok(ex-Sugar King) is ungrateful towards BN government: Ku Nan
https://www.nst.com.my/news/politics/2018/02/338907/kuok-ungrateful-towards-bn-government-ku-nan#cxrecs_s

fl888

7,728 posts

Posted by fl888 > 2018-02-26 07:56 | Report Abuse

Better now Buy FGVand Cws as FGV will be the darling stock for GE14 and to show that FGV is better than Wilmer of Robert Kuok and to please disgruntled Felda settlers who paid do high price for IPO with no returns....

Posted by BuyWithConviction > 2018-02-26 08:50 | Report Abuse

With reasonable results and positive outlook to 2018, the A-Z team has increasingly put FGV back on radar of fund managers. No crystal ball but expect more buying interests by institutional investors and upgrades by brokers over time. Big picture positive medium term. Happy investing! Hehe

AnnH

947 posts

Posted by AnnH > 2018-02-26 10:10 | Report Abuse

Affin upgrades to 2.30

AnnH

947 posts

Posted by AnnH > 2018-02-26 10:11 | Report Abuse

Waiting for more upgrades frm IB

ajibkor

168 posts

Posted by ajibkor > 2018-02-26 10:40 | Report Abuse

Robert Kuok is ungrateful just like our ex-PM.

enning22

2,933 posts

Posted by enning22 > 2018-02-26 10:46 | Report Abuse

mismanagement , corruption , whose fault?

fl888

7,728 posts

Posted by fl888 > 2018-02-26 10:47 | Report Abuse

Something wrong in FGV ? Why no big corporate buying in spite of profitable qtr result?Koperasi Felda throwing to cronies or what ? Any insider rumors to share ?..

WM Niaga

1,406 posts

Posted by WM Niaga > 2018-02-26 10:52 | Report Abuse

Wait la. Coming sun bro!!

hoh13

468 posts

Posted by hoh13 > 2018-02-26 11:23 | Report Abuse

Koperasi Felda also choose to sell...

carilembu

1,251 posts

Posted by carilembu > 2018-02-26 11:45 | Report Abuse

Koperasi Felda keep selling and KWSP keep buying...No other local or foreign institution buying.. make your own conclusion

Ytl8961

17 posts

Posted by Ytl8961 > 2018-02-26 11:57 | Report Abuse

KWSP bailout Koperasi so can give bonus to settlers

Vizhai

394 posts

Posted by Vizhai > 2018-02-26 13:46 | Report Abuse

Have Faith in FGV.

looi88

246 posts

Posted by looi88 > 2018-02-26 14:43 | Report Abuse

kwsp will be keep on buying low this few days

Posted by BuyWithConviction > 2018-02-26 14:46 | Report Abuse

Good that even after results, price has stayed steady but it also shows that the 2.00 event that is currently happening is not over yet. So in term of timing, need to have holding power if you want to play this stock.

AnnH

947 posts

Posted by AnnH > 2018-02-26 14:59 | Report Abuse

KAF revise TP to 2.60

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2018-02-26 15:29 | Report Abuse

Buy and keep ... fgv wont dissapoint u in 2018.

fl888

7,728 posts

Posted by fl888 > 2018-02-26 15:41 | Report Abuse

All IBs have to help FGV by revising FGV TP value as GE14 is less than 4 months away and being an prime election stock and too big to fail stocks, it has to move now to all IBs recommendations...

fl888

7,728 posts

Posted by fl888 > 2018-02-26 15:57 | Report Abuse

Mac is trying to promote their CVs 40,42& 47' read it and compare with CWs 41 & 43 of other IBs....

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