Posted by steve_usa > 2018-12-10 09:41 | Report Abuse

Felda white paper today....if share price don't go up today, I am sure the opposition parties especially BN and PAS will give PH a hell in the Dewan Rakyat Negara today! Down from RM2.00-1.80 in May 18 till now ....0.78 today

Posted by Jonathan Keung > 2018-12-10 10:00 | Report Abuse

China is buying palm oil at a reduced pace. look at CPO prices. from RM 2,500 { beginning of January ) down to below RM 1,760 . - 30 % but FGV shares drop like bricks

Posted by dam82 > 2018-12-10 10:36 | Report Abuse

tak nak move pun today

Posted by BRAVOZULU > 2018-12-10 11:01 | Report Abuse

kebaboom kena pantau rapat rapat nii, nanti tak sempat haha

Posted by dam82 > 2018-12-10 11:03 | Report Abuse

Weak CPO price environment to protract into 1Q19'

https://www.nst.com.my/business/2018/12/439119/weak-cpo-price-environment-protract-1q19

Posted by 5354_ > 2018-12-10 11:10 | Report Abuse

'TH, Felda must earn back trust'
https://www.nst.com.my/news/nation/2018/12/439047/th-felda-must-earn-back-trust

Posted by Victor Yong > 2018-12-10 11:15 | Report Abuse

Economist Associate Professor Dr Aimi Zulhazmi Abdul Rashid described TH and Felda’s deviation from their objectives as a “major blow” and that its economic implications, especially to the government, were “tremendous”.

Citing Felda Global Ventures Holdings Bhd as an example, he said “the purpose of investing is to share the wealth with stakeholders, namely the settlers and not just for the pockets of certain individual and serving their political agenda”, adding that political intervention in institutions, such as TH and Felda, was “unnecessary and pointless”.

He said TH and Felda needed professionals, not political appointees.

“Those placed there through political means would always invest or frame their business plans according to political benefits and mileage. Projects would be placed at locations of those in power, while development would only come to the targeted voters.”

He said they would only opt to please those vital to their political survival, leaving those in other constituencies who had no effect onthem in the dark.

Another vital factor that should be taken into consideration, Aimi said, was good governance and transparency of these institutions. He proposed that not only do these organisations report to their respective ministries but also tabled their reports in Parliament.

Political analyst and communications expert Professor Datuk Syed Arabi Syed Abdullah Idid used the Malay idiom “harapkan pagar, pagar makan padi” (betrayal of trust by those in positions of responsibility) to describe the current scenario in TH and Felda.

“We always take for granted that Malays are God-fearing, always caring but in reality we are not.”

Posted by Victor Yong > 2018-12-10 11:37 | Report Abuse

:)

Kok said the markets indicated positive trends on the traded prices in the future.

“Traders are more confident that post-end 2018 and into the early part of the new year, prices should go beyond the RM2,000 level,” Kok said.

She said generally, 2019 is being predicted as a better financial year for palm oil.

She said some analysts forecast a higher demand for the commodity by mid-2019 that should surpass its supply. “Prices would move much further north than current traded values.

“On our part, the move towards B10 palm biodiesel will also help reduce stock levels and support palm oil prices. We are also confident that through some of our strategic market penetration activities already on-going, uptake of Malaysian palm oil in large traditional markets like India, China and Pakistan will pick up.

“In addition, new markets in Asean, Africa and the Middle East, bolstered by their large population, are hungry for more affordable palm oil and our marketers are already active in these regions,” Kok said.

For the small players in the industry, she said, a rethink in strategy was overdue, and the ministry would spearhead efforts to increase their low yields for better output.

She added that this would result in them enjoying higher overall income, which would not be easily threatened by cyclical prices as seen in the current quarter.

Posted by Victor Yong > 2018-12-10 12:09 | Report Abuse

wow privatisation for fgv?

Minister in the Prime Minister’s Department Datuk Dr Mujahid Yusof Rawa could be the one presenting the problems at TH, while it has been reported that Economic Affairs Minister Datuk Seri Mohamed Azmin Ali will table the White Paper on FELDA on Monday.

Earlier, The Edge had reported that the White Paper on FELDA would include three proposals for the beleaguered government agency, which is now saddled with RM8 billion in debt. These are: (i) to improve the management of FELDA; (ii) the privatisation of subsidiary FGV Holdings Bhd; and (iii) merging FELDA with the Federal Land Consolidation and Rehabilitation Authority Bhd (Felcra).

Posted by dam82 > 2018-12-10 12:52 | Report Abuse

http://www.theedgemarkets.com/article/fgv-work-farmers-develop-dairy-cattle-projects

Posted by 2288 > 2018-12-10 12:52 |

Post removed.Why?

Posted by dam82 > 2018-12-10 12:52 | Report Abuse

http://www.theedgemarkets.com/article/fgv-work-farmers-develop-dairy-cattle-projects

Posted by Victor Yong > 2018-12-10 12:53 | Report Abuse

:)


The financial capacity of shareholders to determine fate of FGV


By MAHANUM ABDUL AZIZ - December 7, 2018 @ 6:03pm
KUALA LUMPUR: The plan to delist FGV Holdings Bhd from Bursa Malaysia will depend on the financial capability of its major shareholders.


Current major shareholders are the Federal Land Development Authority (FELDA) who hold 21.24 per cent, followed by the Retirement Fund (Incorporated) or KWAP and Lembaga Tabung Haji at 7.83 per cent each.

Among the earlier global investors in FGV are Qatar Investment Authority, Hong Kong-based AIA Group Ltd, Fidelity Investments, Hong Kong-based Value Partners Group and other local retirement fund managers who purchase almost 20 percent during the initial public offering (IPO) exercise.

However, many investors have reduced their investments to cut down their losses.

Current market capitalisation of the world's leading palm oil plantation company stands at about RM3 billion.

Market analysts said FGV's share price is now 'cheap' and gave the stock a 'Buy' call.

Negative news such as legal actions taken against former director and the poor performance for the third quarter contributed to the fall in stock prices, one analyst said.

Meanwhile, Minority Shareholder Watchdog Group (MSWG) chief executive officer Devanesan Evanson said the move to make FGV as a private company is an option, but it is not the only option available to restore FGV and increase its shareholder value.

He considers FGV to be in good track record with the new directors and their actions in turning around the company.

FGV, Devanesan said, is also implementing various efforts to strengthen governance to rectify past mistakes.

"Whether to take the company private is its shareholder issue. Let us give time to the Board to do the right thing. The Board is taking proactive actions to restore FGV," he said.

Speculation of delisting FGV from Bursa Malaysia came to light after stock price plunged below RM1.00 per share, with some saying the move to make FGV a private company would be one viable option to restore it.

At the close of today's trading, FGV share price went up 0.005 sen to 79 sen.

FGV started trading on Bursa Malaysia on June 28, 2012, which saw its share price jump as high as RM5.46, an increase of 20 percent from the IPO price of RM4.55.

Posted by Victor Yong > 2018-12-10 12:59 | Report Abuse

hopefully good news are coming :)

FGV Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
05 Dec 2018 Acquired
50,000 Datuk Wira Azhar Bin Abdul Hamid
30 Nov 2018 Acquired
1,000,000 Koperasi Permodalan Felda Malaysia Berhad
30 Nov 2018 Acquired
50,000 Datuk Wira Azhar Bin Abdul Hamid
29 Nov 2018 Acquired
100,000 Datuk Wira Azhar Bin Abdul Hamid
18 Oct 2018 Acquired
265,000 Kumpulan Wang Persaraan (diperbadankan)
03 Sep 2018 Acquired
51,500 Dato' Zakaria Bin Arshad
28 Aug 2018 Acquired
500,000 Koperasi Permodalan Felda Malaysia Berhad

Posted by EatCoconutCanWin > 2018-12-10 13:08 | Report Abuse

sawit tak ada harga, bela lembu saja la... asalkan boleh cari makan

Posted by 5354_ > 2018-12-10 14:34 | Report Abuse

FGV to work with farmers to develop dairy cattle projects
https://www.theedgemarkets.com/article/fgv-work-farmers-develop-dairy-cattle-projects

Posted by 5354_ > 2018-12-10 14:36 | Report Abuse

FGV mini Dutch Lady? Siapa jual murah? RM 62 Dutch Lady tau mau ka?

Posted by dam82 > 2018-12-10 14:51 | Report Abuse

see all the gain is gone case now

Posted by striker888 > 2018-12-10 15:12 | Report Abuse

Now even Tapung Haji cheated, no GLCs can be trusted.

Posted by dam82 > 2018-12-10 15:14 | Report Abuse

Pembentangan Kertas Putih Felda ditangguhkan - Azmin

http://www.astroawani.com/berita-malaysia/pembentangan-kertas-putih-felda-ditangguhkan-azmin-193216

Posted by apolloang > 2018-12-10 15:15 | Report Abuse

najib listed this stock,only can buy if BN win the next GE

Posted by dam82 > 2018-12-10 15:15 | Report Abuse

so lets wait for 0.50

Posted by gerdosh > 2018-12-10 15:19 | Report Abuse

Any new date for penbentangan?

Posted by dam82 > 2018-12-10 15:19 | Report Abuse

2019 by then its 0.40

Posted by FGV_ > 2018-12-10 15:40 | Report Abuse

Gua banyak kali kata dam82 orang jahat.

Posted by FGV_ > 2018-12-10 15:43 | Report Abuse

Azmin baru balik dari Vienna(Opec meeting) mana ada masa fikir "Felda White Paper". Give him 1-2 weeks more.

Posted by dam82 > 2018-12-10 15:43 | Report Abuse

Mana jahat ...honest mah.

Posted by apolloang > 2018-12-10 15:44 | Report Abuse

presbhd,star,fgv all bn stocks new low....pergi jahanam lah PH....hahaha

Posted by FGV_ > 2018-12-10 15:45 | Report Abuse

Those is male pls la time to time attack dam82 ctrs. I not 100% in FGV.

Posted by FGV_ > 2018-12-10 15:46 | Report Abuse

You cut at 76 and let Azhar, KPF buy cheap not feel rugi meh?

Posted by FGV_ > 2018-12-10 15:48 | Report Abuse

FGV got many businesses not only CPO must thanks PH.

Posted by henry888 > 2018-12-10 15:58 | Report Abuse

"Malaysia's Nov palm oil inventories climb to highest in nearly two decades"

Posted by dam82 > 2018-12-10 16:03 | Report Abuse

i cut loss i am stupid ...

Posted by SK1200 > 2018-12-10 16:04 | Report Abuse

Lowest price for 52weeks..buying at dips

Posted by cpo_ > 2018-12-10 16:05 | Report Abuse

CPO up today why no1 know? I3 better tutup.
http://www.bursamalaysia.com//market/derivatives/prices

Posted by FGV_ > 2018-12-10 16:25 | Report Abuse

When FGV mau bela lembu why CPO dan-dan naik?

Posted by dam82 > 2018-12-10 16:27 | Report Abuse

CPO naik FGV Turun penny stock powederfull

Posted by mf > 2018-12-10 16:29 |

Post removed.Why?

Posted by striker888 > 2018-12-10 16:35 | Report Abuse

No hope untill DrM retires. He's been picking fights with China and Singapore after the GE, 2 of our biggest investors, and now wants his stupid national car again. China buys cheaper Indonesian CPO now, happy?

Posted by dam82 > 2018-12-10 16:40 | Report Abuse

Pathetic to maximum .....,

Posted by 5354_ > 2018-12-10 16:47 | Report Abuse

CPO not good price bela lembu extra income haha.

Posted by 5354_ > 2018-12-10 16:48 | Report Abuse

Not only lembu bela ayam also can.

Posted by dam82 > 2018-12-10 16:51 | Report Abuse

bela apa pun this management cannot make profit

Posted by 5354_ > 2018-12-10 16:54 | Report Abuse

They want govn(Felda) privatise low price haha.

Posted by 5354_ > 2018-12-10 16:56 | Report Abuse

If cannot make profit true why Azhar keep buying? Some1 falls into his trap selling low bec weak QR?

Posted by dam82 > 2018-12-10 16:58 | Report Abuse

the funny part in their twitter .. this idiots in FGV re-tweeted the below message .. what a bunch of idiots ...

Robert Hii
‏

@HiiRobert
Nov 28
More
@FGVHoldings looking like a solid buy. House cleaning to rid questionable investments under the previous corrupt management is making this large palm oil company a sweet buy

Posted by 5354_ > 2018-12-10 16:59 | Report Abuse

DBT at 79 sen today. Who buy more? KPF/Azhar again?

Posted by dam82 > 2018-12-10 16:59 | Report Abuse

Azhar earning millions you think he like Serba Boss ...

Posted by miker > 2018-12-10 17:00 | Report Abuse

No need to bela lembu, FGV itu sendiri sulah jadik lembu...kena slaughter saja...

Posted by 5354_ > Dec 10, 2018 04:48 PM | Report Abuse

Not only lembu bela ayam also can.

Posted by fgvnewbie > 2018-12-10 17:04 | Report Abuse

sifus why got people here said FGV like MAS? MAS can bela lembu or not?
http://www.theedgemarkets.com/article/fgv-work-farmers-develop-dairy-cattle-projects