Posted by Victor Yong > 2018-12-19 17:24 | Report Abuse

Solid reversal of price trend :)

Date Close
19/12/2018 0.71
18/12/2018 0.65
17/12/2018 0.66
14/12/2018 0.635
13/12/2018 0.69
12/12/2018 0.72
11/12/2018 0.72
10/12/2018 0.77
07/12/2018 0.79
06/12/2018 0.785
05/12/2018 0.775
04/12/2018 0.82
03/12/2018 0.845
30/11/2018 0.885
29/11/2018 0.91
28/11/2018 0.915
27/11/2018 1.00
26/11/2018 1.09
23/11/2018 1.17
22/11/2018 1.18
21/11/2018 1.18

Posted by Tongkarat > 2018-12-19 17:28 | Report Abuse

Tomorrow is another day.....

Posted by signalmw > 2018-12-19 17:31 | Report Abuse

may wave 4 up trend another day wave 5 down trend

Posted by Victor Yong > 2018-12-19 17:33 | Report Abuse

Next cash cow for fgv

FGV produces approximately 3.47 million tonnes of EFB a year from its 68 mills across the country.

“Public awareness on the use of green and sustainable products such as paper pulp is increasing every year. This is a great business potential for FGV to explore, as we leverage on the huge raw material source to our competitive advantage,” Azhar added.

Posted by Victor Yong > 2018-12-19 17:36 | Report Abuse

Probably unable to hold fgv for long run , to be privatized pending white paper on felda next year :)

Last month, The Edge Malaysia weekly reported that the White Paper on Felda will include three proposals, namely the improvement of its management, the privatisation of FGV Holdings Bhd, and the merging of Felda with the Federal Land Consolidation and Rehabilitation Authority Bhd (Felcra).

Posted by Victor Yong > 2018-12-19 17:37 | Report Abuse

If Privatize , takda long term gain

Posted by Victor Yong > 2018-12-19 17:45 | Report Abuse

CMEC , so big and rich, can buy up fgv also haha


KUALA LUMPUR (April 18): FGV Holdings (FGV, 5222, Main Board Planting Group) signed a memorandum with China National Machinery Engineering Corporation (CMEC) to explore the feasibility of joint ventures or cooperation in setting up pulp production facilities and distributing pulp to global markets.

Datuk Azha, President and Chief Executive Officer of FGV Holdings Temporary Group, said in the statement that the company produces about 3.47 million tons of empty fruit bunches (EFB) from 68 palm oil plants every year. Through this memorandum, I hope to explore CMEC. Engineering expertise integrates existing plant operations to create a pulp production facility with an initial capacity of 50,000 metric tons per year (Phase 1). In addition, FGV Holdings can make good use of CMEC's ​​extensive engineering and knowledge in the Chinese pulp market.

He said that due to fluctuations in crude palm oil prices, this move is in line with FGV's strategy to focus on downstream activities to ensure that the use of by-products to create value from the Group's existing business.

CMEC's ​​core business is engineering contracting, specializing in power construction projects, trade, investment, R&D and international services. CMEC also collaborates with research institutions in Hangzhou and Guangxi to use technology to convert empty fruit bunches into pulp for commercial use. It is currently listed in Hong Kong with a market capitalization of HK$1,588,000 (approximately RM8.58 billion).

Posted by Tongkarat > 2018-12-19 17:49 | Report Abuse

Dreamland kaaaaa.....

Posted by Victor Yong > 2018-12-19 18:02 | Report Abuse

fgv market cap rm2.59bil, cmec rm8.58bil, swap shares , fgv becomes a subsidiary of cmec Haha

Posted by Victor Yong > 2018-12-19 18:05 | Report Abuse

Better late than never :)

KUALA LUMPUR: The Federal Land Development Authority (Felda) said its transformation plan involves 31 strategic initiatives to turn the agency’s operations around. They will be implemented over three phases, with each phase taking eight months.

“The first phase is creating momentum and early wins, [the] second phase is expanding and growing results, while the third phase is delivering and building capabilities.

“All efforts are being put into ensuring that these phases could run concurrently to expedite the turnaround,” Felda said in a statement yesterday.

The initiatives include establishing a better and more transparent loan management system and the addressing of land inheritance issues faced by the settlers.

Felda said about 30% of its 112,635 settler families are facing inheritance issues, while another 58% will be facing similar issues, given the ageing settlers.

“Long-term solutions must be achieved to ensure smooth transfer of ownership and welfare of the settlers’ community as a whole. In addition, other initiatives involve reorganisation of the Felda group and also identifying [a] long-term sustainability model for Felda.

“Some of these initiatives will be finalised after discussions with the government moving forward,” it said.

The strategic initiatives have been approved by the board of Felda, as well as the agency’s budget for 2019, which saw a 23% reduction from its budget in 2018.

Felda has appointed a head of transformation project, who will be working alongside the top management. The project will be monitored by the Transformation Council under the patronage of Felda chairman Tan Sri Megat Zaharuddin Megat Mohd Nor and led by Felda director-general Datuk Ab Ghani Mohd Ali.

Megat Zaharuddin first announced the turnaround plan on Sept 20, during his first engagement with the media since he took the helm in July, and said the financial restructuring plan aims to lower Felda’s debt to RM6.5 billion by year end, from RM8.03 billion, primarily via asset monetisation.

Earlier this month, the 2017 Auditor-General’s (AG) Report issued an unmodified opinion with an emphasis of matter (EOM) to Felda — the third year in a row that the AG has issued an EOM to the agency.

The report said Felda reported a net loss of RM5.73 billion (against RM251.24 million for 2016) and RM4.85 billion (versus RM729.6 million for 2016) at the company and group levels respectively.

The report also pointed out that Felda and the group had cash flow deficits amounting to RM1.2 billion and RM503.49 million, and institutional borrowings of RM7.8 billion and RM12.14 billion.

In August, the government said it was going to present a White Paper on Felda amid management disorder and high debts.

The White Paper was supposed to be tabled in Dewan Rakyat on Dec 10 but it was postponed to sometime next year on the advice of the Attorney-General’s Chambers, as several legal matters need to be resolved before the paper can be presented, according to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.

He did not elaborate on the legal matters, but former Felda chairman Tan Sri Mohd Isa Abdul Samad was recently charged with one count of criminal breach of trust (CBT) and nine counts of receiving gratification amounting to RM3.09 million.

The CBT charge was in relation to the purchase of the Merdeka Palace Hotel & Suites in Kuching, Sarawak, for RM160 million despite being valued at RM110 million at the time without the approval of Felda’s board.

Last month, The Edge Malaysia weekly reported that the White Paper on Felda will include three proposals, namely the improvement of its management, the privatisation of FGV Holdings Bhd, and the merging of Felda with the Federal Land Consolidation and Rehabilitation Authority Bhd (Felcra).

Posted by Jiahui Foo > 2018-12-19 18:09 | Report Abuse

Pride of malaysia, under China company? Again? Jb forest city, still remember?

Posted by Victor Yong > 2018-12-19 18:37 | Report Abuse

let's see whether fgv will rise as fast as it fell :)

Date Close
19/12/2018 0.71
18/12/2018 0.65
17/12/2018 0.66
14/12/2018 0.635
13/12/2018 0.69
12/12/2018 0.72
11/12/2018 0.72
10/12/2018 0.77
07/12/2018 0.79
06/12/2018 0.785
05/12/2018 0.775
04/12/2018 0.82
03/12/2018 0.845
30/11/2018 0.885
29/11/2018 0.91
28/11/2018 0.915
27/11/2018 1.00
26/11/2018 1.09
23/11/2018 1.17
22/11/2018 1.18
21/11/2018 1.18

Posted by qqq3 > 2018-12-19 18:39 | Report Abuse

potential dark horse....must put in everyone's favorite list.....

Posted by Victor Yong > 2018-12-19 18:39 | Report Abuse

I think fgv could be back to rm1 soon, if privatized, surely much higher than rm1 :)

Posted by Victor Yong > 2018-12-19 18:50 | Report Abuse

takda pride lagi, dah jadi penny stock, Dong haha


@Jiahui Foo Pride of malaysia, under China company? Again? Jb forest city, still remember?
19/12/2018 18:09

Posted by qqq3 > 2018-12-19 18:52 | Report Abuse

surely the largest plantation owner in the world must be worth some thing......right?

Posted by Jiahui Foo > 2018-12-19 19:13 | Report Abuse

Hey Victor. Just now got a comment say fgv can become a subsidary of the China firm by share swap. After 5 minute, then deleted oledi.
I am not looking for trouble, but those comments should be sensitive. Doing business, become subsidies are two different matter.
Buying share, everyone also wish to have profit, but pls dun mislead the whole thing.

Posted by Victor Yong > 2018-12-19 19:18 | Report Abuse

good :)

For 2019, we expect to see CPO price to stay at high level in the 1Q 2019 before seeing a rebound from April onwards as palm oil demand is seasonally weak due to long holiday break in China despite production starts softening as oil palm trees enter low production cycle period. CPO price. We think the Indonesian inventory level will be the key focus for the market as any signs of falling stocks in the world largest palm oil producing country will breathe a huge sigh of relief for the industry. Due to more competitive pricing and bigger domestic consumption from Indonesia, we believe Malaysian inventory will have to wait for the Indonesian inventory to fall to an optimal level before seeing any significant drop. At the point of writing, CPO futures were trading at higher level, around RM2,155/mt, signaling the market sees a better prospects three months later as inventories are likely to drop to a more comfortable levels compared to the current distressed spot level of RM1,800/mt.

Posted by Jiahui Foo > 2018-12-19 19:20 | Report Abuse

Hey Victor again!
I am not mean to yr comment, u know. Before making clear the whole thing, dun simply attack ppl lah!

Posted by Victor Yong > 2018-12-19 19:24 | Report Abuse

@Jiahui Foo takda pride lagi sudah, banyak kes rasuah , harga saham dah jadi penny stock, takda maruah dah kan? :)

Posted by Jiahui Foo > 2018-12-19 19:38 | Report Abuse

I make it clear once again, before my commemt, there is a deleted comment by other ppl, say share swap between China firm n fgv.
This is totally misleading.
Pride? Money lah...

Posted by Jiahui Foo > 2018-12-19 19:48 | Report Abuse

@Victor. Yr info, for me is good. Only misunderstand for some unseen comment, deleted one. Have a nice day n win more!

Posted by FGV_ > 2018-12-19 22:25 | Report Abuse

Where are those who say FGV 50 sen, 30 sen or even 10 sen? Why they can post nonsense posts? They are the 1 who cut loss?

Posted by dam82 > 2018-12-19 22:28 | Report Abuse

aiyooo .. one day show lah .... unless it goes above 1.2 why cheer

Posted by alam Rafik > 2018-12-19 22:54 | Report Abuse

its running good la..run baby run...ha ha

Posted by Tongkarat > 2018-12-19 23:10 | Report Abuse

Aiyooooo.....where got baby....all sudah tua already....

Posted by Tongkarat > 2018-12-19 23:11 | Report Abuse

Aiyooooo.....where got baby....all sudah tua already....

Posted by Victor Yong > 2018-12-19 23:15 | Report Abuse

:)
KUALA LUMPUR/JAKARTA (Dec 18): Palm oil bulls are betting on prices to bounce back next year, even though the tropical commodity may have to endure a rough patch first.

Posted by Victor Yong > 2018-12-19 23:23 | Report Abuse

Aku percayamu, mesti bagus haha

DATUK WIRA AZHAR BIN ABDUL HAMID 14-Dec-2018 Acquired 50,000 - View Detail
DATUK WIRA AZHAR BIN ABDUL HAMID 12-Dec-2018 Acquired 100,000 - View Detail
DATUK WIRA AZHAR BIN ABDUL HAMID 05-Dec-2018 Acquired 50,000 - View Detail
DATUK WIRA AZHAR BIN ABDUL HAMID 30-Nov-2018 Acquired 50,000 - View Detail
DATUK WIRA AZHAR BIN ABDUL HAMID 29-Nov-2018 Acquired 100,000 - View Detail
DATUK WIRA AZHAR BIN ABDUL HAMID 27-Jun-2018 Acquired 100,000 - View Detail
DATUK WIRA AZHAR BIN ABDUL HAMID 19-Mar-2018 Acquired 50,000 - View Detail
DATUK WIRA AZHAR BIN ABDUL HAMID 26-Sep-2017 Acquired 44,500 - View Detail
DATUK WIRA AZHAR BIN ABDUL HAMID 19-Sep-2017 Acquired 50,000 - View Detail

Posted by Jiahui Foo > 2018-12-20 06:24 | Report Abuse

For me, fgv is so....so....Undervalued, at least at this moment. But how come, investors so reluctant to bet in its future? The main reason is the non stop impairments, losses, n negative news related to the firm. These make ppl so thrilling n choose to stay away f
Of course lan, contra kaki dun mind those bad news.

Posted by Daily8 > 2018-12-20 08:15 | Report Abuse

Is Datuk Azhar averaging down or purely invest into restructuring of company?

Posted by Daily8 > 2018-12-20 08:57 | Report Abuse

KLCI (-ve21.27 pts) after interest hike

Posted by dam82 > 2018-12-20 09:39 | Report Abuse

Carefulll not to be burned ...

Posted by Tongkarat > 2018-12-20 09:42 | Report Abuse

Still rowing.....aiyoooooo

Posted by 5354_ > 2018-12-20 09:46 | Report Abuse

China can buy more from Malaysia: Guan Eng
http://www.theedgemarkets.com/article/china-can-buy-more-malaysia-guan-eng

Posted by Birdtalk88 > 2018-12-20 09:49 | Report Abuse

Felda also start to buy back... Good sign? 14th Dec, acquired 1,000,000 unit by Felda...

Posted by Jiahui Foo > 2018-12-20 09:53 | Report Abuse

Finally,..the green hulk is on the speed boat ........

Posted by Daily8 > 2018-12-20 09:59 | Report Abuse

so fast up.

Posted by Daily8 > 2018-12-20 10:01 | Report Abuse

dam82, this I have to blame u. U sometimes, talk too much. Saying 30 cents and 50 cents FGV. best you dont talk!

Posted by dam82 > 2018-12-20 10:02 | Report Abuse

Hahaha ...Enjoy while u can ....as I do now

Posted by Daily8 > 2018-12-20 10:03 | Report Abuse

enjoy what?? Hope u don't inflict fear in FGV anymore.

Posted by risktransformer > 2018-12-20 10:05 | Report Abuse

Technical rebound confirmed by TA chart..... hope it will go up above 80 sen!

Posted by dam82 > 2018-12-20 10:05 | Report Abuse

you think just we talked here the share will go up and down .. FGV will be in limbo till Q1 result 2019 ... so if you enter and exit the right time enjoy mah ....

Posted by Daily8 > 2018-12-20 10:12 | Report Abuse

then you don't bloodly talk lah!

Posted by Daily8 > 2018-12-20 10:12 | Report Abuse

I could have bought at 63 cents but u made too much noise!

Posted by Jiahui Foo > 2018-12-20 10:21 | Report Abuse

Haha, while enjoying the show, dun forget to change the speed bot engine oil with fgv biodiesel oh!

Posted by Jiahui Foo > 2018-12-20 10:27 | Report Abuse

Our green hulk can't being praised one. See, sudden stop oledi!

Posted by dam82 > 2018-12-20 10:31 | Report Abuse

Aiyoo after it drop from 2 to now 0.745 how can i promote FGV ... don't blame me as i said keep for long term

Posted by 5354_ > 2018-12-20 10:33 | Report Abuse

If green hulk really stop we make sure PH also stop ruling at GE14. GE15 we choose some1 else to lead M'sia.

Posted by dam82 > 2018-12-20 10:37 | Report Abuse

that i agree before next election FGV should be above 3 ...or at least half of IPO