FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

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Last Price

1.14

Today's Change

+0.01 (0.88%)

Day's Change

1.13 - 1.16

Trading Volume

534,100


35 people like this.

49,346 comment(s). Last comment by limch 20 hours ago

Hope88

324 posts

Posted by Hope88 > 2018-05-31 12:28 | Report Abuse

now look almost lower price

Good_News

601 posts

Posted by Good_News > 2018-05-31 23:02 | Report Abuse

No toll for KL-Seremban and Salak highways starting June 1. Can save money when send cooking oil, sugar for selling.
https://klse.i3investor.com/blogs/savemalaysia/159069.jsp

dam82

2,203 posts

Posted by dam82 > 2018-06-01 09:15 | Report Abuse

No lah ..till we have half baked management in FGV no matter what incentive FGV got sure screw up...let's wait till goes bottom 1.4 ..

curious2

1,812 posts

Posted by curious2 > 2018-06-01 16:17 | Report Abuse

KPF buy is fake news?

dam82

2,203 posts

Posted by dam82 > 2018-06-01 16:25 | Report Abuse

Anything related to FGV fake lor ...this is another useless company need wait to have more clarity on the direction of the company. Long term if u can keep few years buy lor...Don't think other than KPF out of obligation no institution player will buy this useless stock ..unless there is some positive development ..

Striker90

2,617 posts

Posted by Striker90 > 2018-06-01 19:41 | Report Abuse

Hehehe, ready to start collect

KedahMalay

573 posts

Posted by KedahMalay > 2018-06-02 00:23 | Report Abuse

hehehe

soon9913

2,807 posts

Posted by soon9913 > 2018-06-03 23:24 | Report Abuse

i still believe the management of the company need to revamp or else it is hopeless .

soon9913

2,807 posts

Posted by soon9913 > 2018-06-03 23:26 | Report Abuse

Potential bad news is also the sugar price might be open up to compete with the importers as now the sugar price is expensive and MSM is making lousy profit.

Datokim

600 posts

Posted by Datokim > 2018-06-03 23:28 | Report Abuse

Last Friday bought 300k below 1.55 !! Might buy more Monday if below 1.52...

stockraider

3,637 posts

Posted by stockraider > 2018-06-04 00:09 | Report Abuse

me too Friday bought 7000k below 1.5

Striker90

2,617 posts

Posted by Striker90 > 2018-06-04 07:07 | Report Abuse

7Mil? U must be kidding me boss wuahahaha

dam82

2,203 posts

Posted by dam82 > 2018-06-04 09:13 | Report Abuse

waiting for 1.4 ... followed by 1 cheap sale lor ....

Posted by Yong Chun Wah > 2018-06-04 10:59 | Report Abuse

fgv, expecting it to be professionally managed, etc after the change of govt.. should be performing much better in the coming years

Datokim

600 posts

Posted by Datokim > 2018-06-04 12:13 | Report Abuse

keep collecting !!

geraldt9

904 posts

Posted by geraldt9 > 2018-06-04 14:01 | Report Abuse

me too Friday bought 7000k below 1.5 ... is possible when lowest was 1.52?

Hua Ge

40 posts

Posted by Hua Ge > 2018-06-04 23:43 | Report Abuse

Tomorrow is the time to buy this counter, because the worst is over

Hua Ge

40 posts

Posted by Hua Ge > 2018-06-04 23:45 | Report Abuse

EPF is selling myeg to collect this counter

Posted by Maurice1688 > 2018-06-05 01:55 | Report Abuse

Short term tp 2, year end tp 2.9

dam82

2,203 posts

Posted by dam82 > 2018-06-05 09:12 | Report Abuse

Short Term 1.4

Neut_ron1

591 posts

Posted by Neut_ron1 > 2018-06-06 00:16 | Report Abuse

Palm oil future is softening... may b time to accumulate on weakness..

carilembu

1,251 posts

Posted by carilembu > 2018-06-06 09:43 | Report Abuse

will go lower when the details of all the scandals relating to high eagle exorbitant price purchase and felda land deals are exposed... better wait for the house to be cleaned first..

skyrocket

496 posts

Posted by skyrocket > 2018-06-06 11:16 | Report Abuse

Collect and keep. Ministry of Economic Affairs will comes as white knight

nuke

349 posts

Posted by nuke > 2018-06-06 11:29 | Report Abuse

Palm oil may fall to RM2,364, as it has broken a support at RM2,408 per tonne.
http://www.klsescreener.com/v2/news/view/388681

Datokim

600 posts

Posted by Datokim > 2018-06-06 11:37 | Report Abuse

stop collecting...waiting for profit !!

IronShirt

3,178 posts

Posted by IronShirt > 2018-06-06 16:46 | Report Abuse

EPF already completely unloaded Sapnrg. Saved Felda must be "secondary" PH manifesto .
Ask EPF to do it

IronShirt

3,178 posts

Posted by IronShirt > 2018-06-06 16:49 | Report Abuse

EPF only care if FGV is cheap or Not,,,,,,don't care about Palm price,,,,,6month later Fgv at 2.40
people also say cheap

AnnH

947 posts

Posted by AnnH > 2018-06-06 17:10 | Report Abuse

PM umum insentif khas RM450 buat peneroka Felda, Felcra

AnnH

947 posts

Posted by AnnH > 2018-06-06 17:10 | Report Abuse

PH will make FGV stand tall again!

Hermit

138 posts

Posted by Hermit > 2018-06-06 23:11 | Report Abuse

[News Update - Edge]

http://www.theedgemarkets.com/article/palm-extends-losses-near-onemonth-low-poor-exports

"Exports continue to be weak and demand for the Ramadan festival has become slack now," said a Kuala Lumpur-based palm trader.

Buyers typically stock up on palm oil a month before Ramadan, which began in mid-May this year.

Posted by Maurice1688 > 2018-06-06 23:14 | Report Abuse

PH is restructuring felda, bright future ahead

chanph

727 posts

Posted by chanph > 2018-06-07 12:56 | Report Abuse

Afternoon sesssion might be hot

TheMiddle

789 posts

Posted by TheMiddle > 2018-06-07 19:34 | Report Abuse

PH give bonus to peneroka to strengthen Felda. Haha!

joetay

3,737 posts

Posted by joetay > 2018-06-07 19:38 | Report Abuse

fgv must really be patient.

hotdogge

1,294 posts

Posted by hotdogge > 2018-06-07 21:26 | Report Abuse

KUALA LUMPUR (June 7): Bursa Malaysia has added 12 new constituents to the FTSE4Good Bursa Malaysia (F4GBM) Index, bringing the total number of constituents to 56.

They are Ajinomoto (M) Bhd, AMMB Holdings Bhd, Felda Global Ventures Holdings Bhd, Genting Malaysia Bhd, Hong Leong Bank Bhd, Kimlun Corp Bhd, Matrix Concepts Holdings Bhd, Sasbadi Holdings Bhd, SCGM Bhd, SEG International Bhd, V.S. Industry Bhd and YTL Power International Bhd.

All constituent changes take effect at the start of business on June 18.

The F4GBM Index measures the performance of public-listed companies (PLCs) demonstrating strong environmental, social and governance (ESG) practices, and was launched in December 2014 with a total of 24 constituents.

In a statement today, Bursa said there were no exclusions in this latest June index review.

F4GBM Index constituents are drawn from the companies on the FTSE Bursa Malaysia Emas Index, comprising PLCs from across the small, medium and large market capitalisation segments. The index is reviewed in June and December against international benchmarks developed in collaboration with FTSE Russell.

dam82

2,203 posts

Posted by dam82 > 2018-06-07 22:00 | Report Abuse

highly doubt .. don't see market have confidence with FGV Management and with the minimum wage which might be introduced and together with low CPO Price FGV will continue with its downtrend next to 1.4 .... always have excuse on their pathetic result .

Posted by Maurice1688 > 2018-06-08 01:18 | Report Abuse

KUCHING: Felda Global Ventures Holdings Bhd’s (FGV) long term outlook has garnered positive views from analysts as FGV’s priorities are well defined with management free to manage the company without political involvement.

The research arm of MIDF Amanah Investment Bank Bhd (MIDF Research) recently met up with FGV and returned feeling positive on the company’s long term outlook.

“During the meeting, we gathered that FGV will remain focused on its Strategic Plan with four Strategic Thrusts (Operational Excellence, Moving Down Value Chain, Growth Through Portfolio Balancing and Optimise Financial And Human Capital),” MIDF Research said.

According to MIDF Research, for the financial year 2018 (FY18), some of the key priorities are 4.85 million tonnes of fresh fruit bunch (FFB) production, crude palm oil (CPO) production cost of RM1,562 per tonne, replanting target of 15,000 hectares (ha) and commence operation of Johor sugar refinery by mid-2018.

“Most importantly, we believe that the management will be free to manage the company without political influence.

“According to New Straits Times, FGV president and chief executive officer (CEO) Datuk Zakaria Arshad said that ‘GLCs like FGV would be free to act accordingly without political involvement’ after a meeting with the Council of Eminent Persons at Ilham Tower.”

MIDF Research recalled that FGV achieved FFB production of 0.99 million tonnes in the first quarter of FY18 (1QFY18) or 20 per cent of full year target of 4.85 million tonnes.

The research arm noted that against 1QFY17, this represents an improvement of 23 per cent year on year (y-o-y) as FGV estates improve its operation.

Overall, MIDF Research believed that FGV is on track to achieve the group’s FY18 FFB volume.

“Note that 1Q is seasonally the low production quarter at industry level with Malaysia 1Q production makes up only 20 per cent of full year production in 2017.”

MIDF Research went on to note that the CPO production cost of RM1,728 per tonne in 1Q18 was higher than the full year target of RM1,562 per tonne as more agricultural input such as manuring had been brought forward into 1Q.

Hence, the research arm believed that the cost should reduce from 2Q onwards.

Meanwhile, based on the 5,100 ha of felling which had been completed in 1Q18, MIDF Research expected little risk in FGV’s target of 15,000 ha of replanting this year.

“For the sugar segment, FGV mentioned that its Johor sugar refinery is now 94 per cent completed.

“The official commencement start in July and this will effectively add its total capacity by 0.3 million tonnes for domestic and export growth.”

On another note, MIDF Research pointed out that FGV’s 1QFY18 core net profit (CNP) of RM20 million was below expectation as contribution from joint venture (JV) and associate came in weaker than expected with a RM16.2 million loss.

mcmann

1,142 posts

Posted by mcmann > 2018-06-08 09:20 | Report Abuse

FGV is a GLC ?

Neut_ron1

591 posts

Posted by Neut_ron1 > 2018-06-08 14:56 | Report Abuse

Look at recommendation & technical chart...

Posted by Maurice1688 > 2018-06-08 15:07 | Report Abuse

One of major share holder of fgv is kerajaan Malaysia, you may check online

BN_menang

2,982 posts

Posted by BN_menang > 2018-06-08 15:48 | Report Abuse

Under PH duit raya kurang is it? Share also drop why Felda Settlers happy with PH not BN? Dividend before Raya PH don't give FS happy?

TheMiddle

789 posts

Posted by TheMiddle > 2018-06-08 20:06 | Report Abuse

Jail the corruption!

WVB 68

163 posts

Posted by WVB 68 > 2018-06-09 12:15 | Report Abuse

市值六年蒸发100亿令吉
FGV或成并购对象
09/06/2018
联土环球(FGV 5222)二零一二年IPO上市价格RM4.55,股市五年考验,股价跌至RM1.55,市值由165亿令吉蒸发至仅有56亿令吉,不管是政府,公积金局(EPF),联邦土地局(FELDA)和垦殖民都是大输家,这家公司如今成为合并对象。

联土环球是全球最大原棕油生产商,种植面积也数一数二,然而,上市後却面对管理不当,棕油树树龄太大,盈利表现一落千丈等问题,股价六年来都是一路往南下跌。

联邦土地局是最大股东,本身也面对种种弊端,对於FGV的问题时,更显得有心无力。

如今新政府上台,会不会"放手",让FGV和其它上市公司合并呢?

FGV有庞大种植面积和土地,本地上市的种植公司,据说有意和它进行合并,关键在於价格。

是那一家上市公司有能力并购这家巨无霸呢?市值355亿令吉的森那美种植和市值290亿令吉的IOI集团,会是出手并购FGV的公司吗?
森那美種植已行動
有所行动的上市公司是森那美种植(SIMEPLT 5285),它的市值高达355亿令吉,绝对有能力吞下FGV,不过,新政府会放行点头吗?

市场消息指出,若森那美种植和FGV合并,将组成全球最大种植公司,两家公司合并後,不论棕油种植面积,原棕油生产量都会是世界记录。

重要的是,首相马哈迪医生领导的希望联盟政府会点头答应吗?

然而,合并可能是FGV最好的选择,市场消息指出,森那美种植已开始行动,和FGV高层管理洽谈并购事宜。

有消息指森那美种植已进行精密审核,不过森那美种植却否认有"精密审核",但却对并购传言"不愿置评"。

FGV總資產201亿令吉
FGV的总资产高达201亿令吉,它在大马和印尼共有440,577公顷油棕园,其中有部份是橡胶园,它也有69间炼油厂。

FGV也持有白糖制造商大马白糖MSM(MSM),控制国内三份二白糖产量。

在全国大选前,就有传言指FGV可能遭到并购,不过当时的执政党国阵为了稳住马来垦殖民选票,否认并购传言。

如今大选已结束,更换了政府,新政府面对这粒烫手山芋,要如何解决呢?

和管理出色的种植公司合并,或许是最好选择,而在大马股票交易所的种植公司,有能力并购FGV的公司不多,森那美种植最有实力,丹斯里李深静的IOI集团(IOICORP 1961)也有能力,不过可能性不高。

有分析员认为,FGV也可能进行私有化,私有化除牌後,才将资产脱售给其它种植公司,可能是另一选项。

新政府上台後,要解决的问题很多,FGV是其中一个已浮上水面的问题,截至今年三月卅一日第一季,FGV有过百万英亩油棕园,但净利却仅有133万令吉。
它的股价在二零一五年崩盘後,就一直在RM2.00以下浮动,今年以来更在RM1.55,公积金局已完全出清手上投资。
不少散户和垦殖民却被绑死在这只管理失当的官联股身上,并购,或许是唯一及无奈的选择。

dam82

2,203 posts

Posted by dam82 > 2018-06-09 12:23 | Report Abuse

I guess people will start to sell on Monday ... i just hope it will not become another MAS in making ..

WVB 68

163 posts

Posted by WVB 68 > 2018-06-09 12:46 | Report Abuse

Dam82 why ppl want to sell FGV ?

dam82

2,203 posts

Posted by dam82 > 2018-06-09 12:54 | Report Abuse

just to suppress the price ... why privitise at 1.55 when you can do it below 1 .

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