Land lease agreement of app RM 250 Million per year with Felda is a drag on their bottom line. Indonesia plantation { Eagle high } 31 % share of losses again hitting their P&L . Coupled with rock bottom cash, high inventories . going to be a bad year literally speaking
Tongkarat Aiyooooo @ Jiahui Foo....it is not difficult to make the share becomes RM10.00 each lorrrr... 1 share is RM0.645.... Consolidate every 15 shares into one....so it becomes RM 10.00 per share.... Reorganise fgv thoroughly... sacked all the deadwood and make them general workers at the oil palm plantatations...aiyoyo 18/12/2018 14:59
FGV must work closely with the ministry to explore overseas market. although the roti canai in mamak store use excessive oil but it won't help much in CPO price :)))
The only foreign money available to rescue this sorry company is Chinese money, evident from the only positive announcement with the Chinese company for paper pulp. But old M has offended the Chinese, so no serious money until he is gone.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jonathan Keung
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Posted by Jonathan Keung > 2018-12-18 12:31 | Report Abuse
Land lease agreement of app RM 250 Million per year with Felda is a drag on their bottom line. Indonesia plantation { Eagle high } 31 % share of losses again hitting their P&L . Coupled with rock bottom cash, high inventories . going to be a bad year literally speaking