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 8 hours ago

Posted by EatCoconutCanWin > 2018-11-28 17:57 | Report Abuse

wait till 10dec after parliment decide then buy. i think it cant below 0.90 sen

ke9999

62 posts

Posted by ke9999 > 2018-11-28 17:59 | Report Abuse

FGV tak boleh dinonopoli satu bangsa. Kena bagi semua bangsa masuk. Baru 1 Malaysia. Nanti baru dtg rezeki utk semua.

takashi86

747 posts

Posted by takashi86 > 2018-11-28 18:02 | Report Abuse

1malaysia lagi keh?
crawl b to jibby with that slogan laaah

JJchan

7,182 posts

Posted by JJchan > 2018-11-28 18:03 | Report Abuse

come on, i don't care Red or Black Cat----as long can catch Rat----very fine already.....Planters
want Money, no money no nasi

Daily8

3,858 posts

Posted by Daily8 > 2018-11-28 18:12 | Report Abuse

@Eatcoconutcanwin, what price will FGV price stabilize?

Daily8

3,858 posts

Posted by Daily8 > 2018-11-28 18:13 | Report Abuse

JJChan, The Farmers and Settlers are the most exploited. They worked the hardest, but not rewarded accordingly. Some of them still have IPO for FGV since the beginning. How are they going to survive with the price of the CPO now?

Daily8

3,858 posts

Posted by Daily8 > 2018-11-28 18:16 | Report Abuse

Upstream business for FGV will be better off replaced with downstream and focus more on productivity and marketing. I think the management is smart to tackle this issue.

Upstream is getting tough and challenged by the European Unions that produces Canola and Soya Oil. Their Soya and Canola oils are like palm oil in our country.

jolow

652 posts

Posted by jolow > 2018-11-28 18:19 | Report Abuse

fxxckup company manage by fxxkup management.
right issue coming. Better throw fast.

necro

4,726 posts

Posted by necro > 2018-11-28 18:20 | Report Abuse

tahun dpn kalau cpo drop lg byk impairment

JJchan

7,182 posts

Posted by JJchan > 2018-11-28 18:29 | Report Abuse

PH should emulate Mr Trumpet----Malaysia First-----Save our Planters-----Used Bio-Fuel from
Palm Oil----no if or but

Muarmali

1,186 posts

Posted by Muarmali > 2018-11-28 18:34 | Report Abuse

Seriously, I am waiting at 60 sen. :)))

dam82

2,203 posts

Posted by dam82 > 2018-11-28 18:38 | Report Abuse

“I am the ‘heart patient who is slowly coming out of the operation theatre’ and I am going to the Intensive Care Unit for recovery and I should be up and running again over the next one week”.

“And personally, I strongly believe that our share price will not stay below RM1,” he said, in response to a question if FGV shares would become a penny stock.

dam82

2,203 posts

Posted by dam82 > 2018-11-28 18:40 | Report Abuse

FGV's deposits, cash and bank balances stood at RM1.48 billion as at Sept 30, 2018.

Daily8

3,858 posts

Posted by Daily8 > 2018-11-28 18:54 | Report Abuse

dam82, can show the latest news he said "will not stay below RM1"?

Daily8

3,858 posts

Posted by Daily8 > 2018-11-28 18:59 | Report Abuse

They need to emulate Sime Darby. Send some people go there to learn from Sime Darby. Come on. Sime Darby not only 1 business, multiple, from plantations to industrials. Even Medical they also have. Those are money making machines.

FGV need to pick up fast. Don't just rely onto CPO businesses. The cost itself will stiffen the losses. The top management needed to integrate with other businesses and I STRONGLY BELIEVED, JV with China will be a good start. The MOU with Dalian together with "one road, one belt" mission is a ultimate sign of turnaround for FGV.

Malaysian are too good at digging out dirts under the carpet. After they dug the dirts out, they only know what rule of law to apply to those convicts.

ke9999

62 posts

Posted by ke9999 > 2018-11-28 19:02 | Report Abuse

apek Daily8, macam pandai buat business saje. Betul ler...cpo niaga bukan senang.

FGV too big to die. hahahahah

dam82

2,203 posts

Posted by dam82 > 2018-11-28 19:05 | Report Abuse

The worst is over seems.. can you believe...for me worth a risk to take ..

ke9999

62 posts

Posted by ke9999 > 2018-11-28 19:24 | Report Abuse

takde lagi impairment besar. kecik2 saje

ke9999

62 posts

Posted by ke9999 > 2018-11-28 19:24 | Report Abuse

Azhar said there are ongoing internal investigations that will be revealed before end-year, but that the group will not have any other major impairments going forward.

He also said FGV’s CEO search would be finalised by the end of January next year.

KenaTipu_

47 posts

Posted by KenaTipu_ > 2018-11-28 19:36 | Report Abuse

Why after 1+ years Azhar in FGV only today said so? More time in FGV more gaji buta?

dam82

2,203 posts

Posted by dam82 > 2018-11-28 20:00 | Report Abuse

This was badly handled by Azhar and his team , if there will be complete impairment there should be a profit warning from FGV themselves .. However that did not happen until AmInvest broke the news which mean it’s an insider news to trap minority shareholder.'

I think there should be complain to MSWG on FGV .

zerocool7199

1,238 posts

Posted by zerocool7199 > 2018-11-28 20:44 | Report Abuse

Tomorrow can see new low again

ken2004

1,680 posts

Posted by ken2004 > 2018-11-28 20:57 | Report Abuse

Keep buying this and that causing this losses, all problematic investment dragging this whole company down. The one that killing this company is not on the cpo price mainly.

dam82

2,203 posts

Posted by dam82 > 2018-11-28 21:06 | Report Abuse

There no longer should be any blame game on previous management which means Azhar and his team must deliver … the impairment has already been done which means no more excuses or surprise unless Azmin do a screw up by 10th December .. I will not touch this toxic shit till 10th December .

It at least should have a technical rebound this week since been in downtrend for almost few weeks now ..

FGV_

513 posts

Posted by FGV_ > 2018-11-28 21:06 | Report Abuse

Daily8 actually Azhar had worked in Sime Darby plantation before. Yet he cannot do much here after 1+ year in FGV. When some1 mentioned Bakke as 1 successor I doubt he can do much either. Perhaps Chinese CEO preferable.

dam82

2,203 posts

Posted by dam82 > 2018-11-28 21:11 | Report Abuse

Agreed thats the reason its all depends on the Azmin white paper ... its a risk which had to be taken as retail investor

FGV_

513 posts

Posted by FGV_ > 2018-11-28 21:11 | Report Abuse

If govn still said FGV top managements must be Malay(or Bumis) pls privatise FGV. No1 like to suffer seeing share drop everyday.

dam82

2,203 posts

Posted by dam82 > 2018-11-28 21:14 | Report Abuse

I think that should be the biggest risk now

Kedahan

628 posts

Posted by Kedahan > 2018-11-28 21:29 | Report Abuse

Some1 here mentioned DRB like recovery in FGV?

Kedahan

628 posts

Posted by Kedahan > 2018-11-28 21:31 | Report Abuse

Why not DRB boss Albukhary takeover FGV? Merge with Tradewind or reverse takeover?

Daily8

3,858 posts

Posted by Daily8 > 2018-11-28 21:34 | Report Abuse

FGV_ , if Azhar worked in Sime darby (I didn't read through his profile), I supposed he is doing "something" according to the know-how to handle the situation. Is he just a Chairman or Managing Director?

Usually the MD will execute and manage the management and procurement and etc and they execute well.

Alex™

12,594 posts

Posted by Alex™ > 2018-11-28 21:36 | Report Abuse

apa tu other operating expense so high? br1m payout?

somchik

1,238 posts

Posted by somchik > 2018-11-28 21:45 | Report Abuse

walao gone to the dog..aiya penny stock soon ..

ke9999

62 posts

Posted by ke9999 > 2018-11-28 21:52 | Report Abuse

dam82, u sudah beli masa 92 cents? tak cukup lagi ke?

emil

1,428 posts

Posted by emil > 2018-11-28 21:53 | Report Abuse

2019 still maintain TP 0.600...

ke9999

62 posts

Posted by ke9999 > 2018-11-28 22:03 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Nov 28, 2018 09:55 PM | Report Abuse

2019 still maintain TP 1.80...

emil, ur kepala ada kena electric ?

dam82

2,203 posts

Posted by dam82 > 2018-11-28 22:04 | Report Abuse

i won't touch till 10th December

ke9999

62 posts

Posted by ke9999 > 2018-11-28 22:08 | Report Abuse

dam82 i won't touch till 10th December
28/11/2018 22:04

U dah beli at 92 cents just now?

dam82

2,203 posts

Posted by dam82 > 2018-11-28 22:09 | Report Abuse

2019 December TP should be at least 2 lah this should be last result with lost .... unless CPO really go down

ke9999

62 posts

Posted by ke9999 > 2018-11-28 22:09 | Report Abuse

MBSB good quarter also kena hantam. Many stocks are doing well but also price kena hantam. FGV got debts, and issues also kena hantam.

5354_

4,793 posts

Posted by 5354_ > 2018-11-28 22:17 | Report Abuse

CFO & CEO wanted in FGV? Existing 1 all lousy?
http://www.theedgemarkets.com/article/fgv-recovery-mode-says-its-chairman

fgvnewbie

60 posts

Posted by fgvnewbie > 2018-11-28 22:19 | Report Abuse

Those no shares pls stop commenting. This forum getting bored with unreliable posts.Wonder who actually is FGV shareholders? Daily8 yes? The rest no?

Savusavu

164 posts

Posted by Savusavu > 2018-11-28 22:22 | Report Abuse

fgv is breaking all lows = no more life support. you are on your own lol; hasta la vista, mañana

Alex™

12,594 posts

Posted by Alex™ > 2018-11-28 22:23 | Report Abuse

can ask them chop all the palm tree down, tanam durian better, sell to china

Daily8

3,858 posts

Posted by Daily8 > 2018-11-28 22:44 | Report Abuse

Teachnically . FGV no more support. There will be new support once all the news of the looming impairments are out. Better put aside for those who have FGV shares. Doesn't matter is 4, 3, 2 Ringgit anymore. Now below 1.00, nothing to shout about anymore.

When price hovered at 1.40+, many shareholders are unwilling to sell off. So I believed many stuck at 1.70 and above. The sell off only started at 1.20 when the support was broken and all the way down.

The escalating sell off driven by Retailer-contrarians, who wish to do FIFO-ing.

I think the last resort shall be White Table (WT) by Azmin on the 10th. I hope he can do it earlier.

Daily8

3,858 posts

Posted by Daily8 > 2018-11-28 22:45 | Report Abuse

Cut Loss should be at least 8% max. If price dropped so much assuming more than 50%, it's very pointless to do CL anymore.

dam82

2,203 posts

Posted by dam82 > 2018-11-28 22:47 | Report Abuse

Just be patience i hold some from 1.6 and in loss as well but i think its a risk worth to take

dam82

2,203 posts

Posted by dam82 > 2018-11-28 22:48 | Report Abuse

If you can hold don't listen those people say cut loss .. hold on sell when it recover

Daily8

3,858 posts

Posted by Daily8 > 2018-11-28 22:54 | Report Abuse

dam82, u can see POS chart and compare it with FGV. Both falls are similar.

The 3 black crows....

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