Shareholding Changes Date of change Shares Director/ Substantial Shareholder 14 Dec 2018 Acquired 1,000,000 KOPERASI PERMODALAN FELDA MALAYSIA BERHAD 14 Dec 2018 Acquired 50,000 DATUK WIRA AZHAR BIN ABDUL HAMID 12 Dec 2018 Acquired 100,000 DATUK WIRA AZHAR BIN ABDUL HAMID 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
DATUK WIRA AZHAR BIN ABDUL HAMID seorang individual yang mempunyai personaliti yang bertanggungjawab dan Datuk Letak jawatan ekoran jambatan MRT runtuh.....FGV boleh!!!!!
China boleh beli lebih banyak daripada Malaysia - Guan Eng
KUALA LUMPUR: China boleh membeli lebih banyak daripada Malaysia, terutama minyak sawit untuk mengurangkan jurang perdagangan antara kedua-dua negara, kata Menteri Kewangan, Lim Guan Eng.
“Ini kerana imbangan perdagangan lebih memihak kepada China dan China adalah rakan perdagangan terbesar Malaysia.
“Jumlah perdagangan kita dengan China dari Januari hingga Oktober 2018 berkembang 9.5 peratus kepada RM260.4 bilion berbanding RM237.9 bilion pada 2017, ” katanya berucap pada Perhimpunan Rangkaian Tahunan untuk Persatuan Perusahaan China di Malaysia, di sini, malam ini.
Bagi tempoh berkenaan, katanya, eksport ke China merekodkan pertumbuhan 12.2 peratus kepada RM115.75 billon, disumbangkan oleh import yang tinggi produk elektrik dan elektronik (E&E), produk kimia dan pembuatan logam manakala import dari China meningkat 7.4 peratus kepada RM144.61 bilion.
“Konflik perdagangan antara China dan Amerika Syarikat (AS) mewujudkan peluang yang unik kepada Malaysia.
“Pada bulan-bulan kebelakangan ini, kajian anekdot menunjukkan peningkatan minat pengilang China untuk mempelbagaikan asas pengeluaran mereka ke Malaysia selain mendapat kemasukan ke pasaran ASEAN dan Barat.
Pelaburan langsung asing (FDI) kita dalam bidang pembuatan yang diluluskan dari China susut daripada RM4.7bilion pada 2016 kepada RM3.9 bilion pada 2017, tetapi meningkat dengan besar kepada RM15.6 bilion atau 400 peratus hanya dalam masa sembilan bulan dari Januari hingga September 2018.
“Ini menunjukkan bahawa pelabur asing terutama dari China, yakin dengan Malaysia selepas peralihan kuasa aman yang berlaku pada 9 Mei 2018.
“Kita tidak menyimpang dalam dasar FDI daripada mana-mana negara asalkan ia membawa manfaat besar kepada negara, mewujudkan peluang pekerjaan berkualiti tinggi dan sejajar dengan objektif mencapai pertumbuhan dua hala yang berkualiti tinggi,” katanya.
Data terkini dikeluarkan Lembaga Pembangunan Pelaburan Malaysia (MIDA) menunjukkan FDI yang diluluskan dalam sektor perkilangan meningkat sebanyak RM35 bilion, atau 250 peratus kepada RM49 bilion pada sembilan bulan pertama 2018, daripada RM14.0 bilion pada tempoh sama tahun lalu.
Secara keseluruhan, FDI yang diluluskan daripada China adalah sebanyak 32 peratus, diikuti oleh Indonesia (18.4 peratus), Belanda (17 peratus) dan pelaburan lain daripada AS, Korea, Jepun dan Singapura. - BERNAMA
On prices, Ling said history had shown that El Nino was usually followed by a 15% to 125% spike due to the major disruption in supply.
El Nino poses big threat to palm oil production Ling: ‘All indications point to an extremely strong El Nino this year, similar to the 1982, 1983, 1997 and1998 events.' KUALA LUMPUR: A strong El Nino phenomenon, which is expected to hit Malaysia by the end of this year and to last until April next year, is bound to cause a major disruption to palm oil production, said industry experts.
Plantation research and consulting company Ganling Sdn Bhd director Ling Ah Hong said the last El Nino in 2009 and 2010 had caused “substantial disruption” to crop production worldwide.
“All indications point to an extremely strong El Nino this year, similar to the 1982, 1983, 1997 and 1998 events,” he said at a talk organised by the Malaysian Palm Oil Council (MPOC) yesterday.
He said the occurrence of an El Nino could result in a yield decline of between 2% and 23%.
“It is likely to cause a major disruption to palm oil supply in Malaysia and Indonesia.
“Production in 2015, however, will not be impacted, the impact will only be seen in 2016,” he added.
On prices, Ling said history had shown that El Nino was usually followed by a 15% to 125% spike due to the major disruption in supply.
In 2009 and 2010, following the El Nino, monthly prices increased by 80% and by 110% in 1997 and 1998.
“However, ample soybean supply may dampen the significant price recovery for palm oil, unless the strong El Nino also affects oilseed supply,” he said.
Meanwhile, CIMB Investment Bank regional head of plantations Ivy Ng, who also spoke at the event, said the impact on fresh fruit bunch yields and the increase in price would depend on the severity of the weather phenomenon.
Based on previous data, she pointed out that prices could go up by 13% to 40% .
She expects CPO prices to trade in the range of RM1,800 and RM2,200 per tonne in the near term.
Severe drought in the palm oil estates will have negative impact on palm oil yields, but will only be felt on a lagged basis, about six to 24 months later, Ng said.
“Our study on El Nino events revealed that Malaysian palm oil output rose at a slower rate, with a one-year lag, and CPO prices reacted positively each time.
News of the El Nino had not boosted CPO prices yet, she said, as there were sufficient stock buffers for edible oils and demand for biodiesel had been weak in 2015.
“CIMB projects CPO prices will average RM2,450 per tonne in 2016.
“We expect El Nino to act as a potential catalyst for CPO prices next year,” she said.
National Climate Centre director Jailan Simon, in his speech earlier, said Malaysia was already experiencing a moderate El Nino and it would strengthen towards to end of the year.
“I believe it will last until May next year,” he said, adding that weather in Sabah would be the most impacted.
On prices, Ling said history had shown that El Nino was usually followed by a 15% to 125% spike due to the major disruption in supply.
:)
The WMO analysis estimated the chance of a fully-fledged El Niño event between December 2018 and February 2019 at 75-80%, with a 60% chance of it continuing to April 2019. A strong El Niño sees western Pacific sea surface temperatures reaching at least 1.5C more than average.Nov 27, 2018
Finance Ministry allocates RM77m to FELDA settlers
theedgemarkets.com
December 20, 2018 17:03 pm +08
KUALA LUMPUR (Dec 20): The Ministry of Finance (MoF) has provided a special allocation of RM77 million to assist the settlers of Federal Land Development Authority (FELDA) to settle overdue payments in the current year.
In a statement today, Minister of Finance Lim Guan Eng said the ministry has noted FELDA's critical cash flow issue this year, which has come to the attention of Prime Minister Tun Dr Mahathir, who directed the assistance to be given.
The allocation of RM77 million is to assist FELDA settlers to settle outstanding payments, which include mortality payments totalling RM1.2 million to beneficiaries of 120 deceased settlers, payment of arrears to Felda Technoplant Sdn Bhd for the land development operation of RM43 million, as well as subsistence and advances for replanting amounting to RM32.8 million for the benefit of 38,000 people.
The MoF will channel the allocation for 2018 of RM77 million to the Ministry of Affairs Economy as it regulates FELDA.
Baguslah, "Dengan harga saham sekarang merudum, ambil baliklah FGV dan dinyahkan dari senarai," katanya ketika berucap pada Majlis Hi-Tea Tun Daim Zainuddin Bersama Warga Felda Wilayah Trolak di sini, semalam. Sungguh memalukan kini dibawah RM1 haha
SUNGAI TENGI - Felda memerlukan geran sebanyak RM500 juta setahun melalui suntikan dana kerajaan bagi menjayakan tranformasi agensi itu.
Ketua Peneroka Felda Kebangsaan, Sulong Jamil Mohamed Shariff berkata, Felda mampu pulih dalam tempoh enam hingga tujuh sekiranya kerajaan meluluskan dana geran tersebut.
“Peruntukan khas sebanyak RM77 juta yang diumumkan kerajaan baru-baru ini tidak dapat menyelesaikan masalah dalam tempoh jangka panjang.
"RM77 juta ini difahamkan berbentuk pinjaman dan dengan jumlah itu, pengurusan Felda hanya mampu tidur lena dalam tempoh kurang sebulan,” katanya.
Menurutnya, masuk bulan kedua 2019, Felda kembali kusut dengan kehendak lebih 38,000 peneroka yang masih menerima sara hidup dan pendahuluan hasil.
"Felda pening semula tapi kalau ada geran RM500 juta setahun, Felda dapat selesaikan apa yang berbangkit daripada apa salah silap urus tadbir terdahulu..
"Kerajaan dapat laksanakan trasformasi baru, lepas itu kerajaan tak perlu bantu pun tak apa, Felda boleh jalan (menguruskan) sendiri," katanya.
Sulong Jamil berkata, sekiranya tiada peruntukan untuk geran tersebut, kerajaan disaran mengambil mengambil aset dimiliki Felda termasuk di luar negara untuk ditafsir nilai.
“Kerajaan boleh menyuntik dana atau berbentuk pinjaman berdasarkan jumlah nilai aset tersebut untuk Felda melakukan transformasi.
"Sebelum ini Felda menggunakan pendapatan dalaman untuk membayar sara hidup tapi sekarang tak mampu lagi disebabkan kejatuhan harga komoditi,” katanya.
Menurutnya, sebelum Felda Global Ventures Holdings Bhd (FGV) disenaraikan dalam Bursa Malaysia, beliau seorang ketua wilayah yang menentang penyenaraian itu.
"Dengan harga saham sekarang merudum, ambil baliklah FGV dan dinyahkan dari senarai," katanya ketika berucap pada Majlis Hi-Tea Tun Daim Zainuddin Bersama Warga Felda Wilayah Trolak di sini, semalam.
Sulong Jamil berkata, pengurusan Felda perlu membubarkan beberapa jabatan tidak penting atau menyerap masuk ke unit tertentu seperti usahawan, pendidikan dan beli bagi memastikan perbelanjaan berhemah.
"Dalam pengurusan Felda hanya perlu ada tiga jabatan penting iaitu kewangan, perladangan dan komoditi. Tapi sekarang ada macam-macam jabatan maka untuk mendapatkan geran khas daripada kerajaan, jumlah kakitangan perlu dikurangkan.
"Sampai masa transformasi Felda dengan komersialkan tanaman lain kerana 10 hingga 15 tahun lagi bila China dan India keluar sawit sendiri, ke mana kita nak campak sawit kita?," katanya.
Sulong Jamil berkata, pengurusan Felda perlu membubarkan beberapa jabatan tidak penting atau menyerap masuk ke unit tertentu seperti usahawan, pendidikan dan beli bagi memastikan perbelanjaan berhemah.
"Dalam pengurusan Felda hanya perlu ada tiga jabatan penting iaitu kewangan, perladangan dan komoditi. Tapi sekarang ada macam-macam jabatan maka untuk mendapatkan geran khas daripada kerajaan, jumlah kakitangan perlu dikurangkan.
"Sampai masa transformasi Felda dengan komersialkan tanaman lain kerana 10 hingga 15 tahun lagi bila China dan India keluar sawit sendiri, ke mana kita nak campak sawit kita?," katanya.
@mastermarcus should be above RM1 soon........ once all the bad news have disappeared... anyway, nobody knows the future.... it could be privatized after the white paper is presented.... IPO price was RM4.55.... net assets per share now is RM1.30 ... add another 20% premium.... RM1.55 possible price for privatization
Datuk Wira continued to buy fgv shares because he is an accountant... actually, the balance sheet of fgv seems ok.... gearing is less than 30% and also fgv is still generating postive cash flow from its operations.... excluding the impairment in Q3, 2018, the loss was not big actually... with proper management, i believe fgv could recover next year... el nino will cause palm oil price to rise next year, also the increase in the use of palm oil in biodiesel locally and indonesia, freeze on new palm oil plantation in msia and indonesia, fgv works with HK firm to go downstream soon, many more... All these will cause palm oil price to rise, supply to drop, demand to rise, sale & profit to rise too.... lastly, compensation from fraud cases will be a bonus to fgv too..... the only risk : curi duit fgv sudah berhenti haha
Balance Sheet
Q3 2018 (Billions MYR) Total Assets 19.0 Total Liabilities 12.0 Debt to Assets 28.67%
As pointed out by Perak MB that some GLC involve in illegal occupation of state land. Use fertiliser and other resources from GLC but the fruits go into their own account??? Azmin must check all the GLC land bank. :)))
Azmin must work closely with Teresa Kok to fight with CPO competitors and launch campaign to promote CPO to other country like Russia, African and Middle East countries. :)))
Victor Yong @mastermarcus should be above RM1 soon........ once all the bad news have disappeared... anyway, nobody knows the future.... it could be privatized after the white paper is presented.... IPO price was RM4.55.... net assets per share now is RM1.30 ... add another 20% premium.... RM1.55 possible price for privatization 24/12/2018 10:58
Azmin must do something to prove that he is the PM-8 material. More and more former UMNO people are joining Bersatu. He must show his leadership to gain their support. :)))
40 years ago when you buy durian the seller would shake the fruit and sniff the smell and tell you that the flesh is yellow and dry. Today you just go to the basket with labels. Musang King, 101, Tekka, Black Thorn, durian kampung...
So guys don't simply buy shares when there is a promoter keep shaking the shares like durian and tell you it is a Musang King. :)))))))))
KUALA LUMPUR (Reuters) - FGV Holdings (FGV, 5222, Main Board Planting Unit) joined hands with China National Machinery Engineering Co., Ltd. to explore the use of technology to convert empty fruit strings into pulp to expand downstream business.
FGV Holdings recently issued a statement stating that it has signed a memorandum of understanding with China Machinery and Equipment Engineering. The two parties will consider joint ventures or other forms of cooperation, mainly to explore the establishment of facilities for the production of pulp.
In addition, it is also commercialized and distributed to the global market.
According to the statement, the core business of China's machinery and equipment engineering is to undertake civil engineering, but it also cooperates with research institutions in Hangzhou and Guangxi to convert empty fruit strings into pulp for commercial use.
FGV Holdings Chairman and Acting Chief Executive Datuk Wira Azha pointed out in the statement that the current palm oil price fluctuations, the company will focus on expanding downstream business, to ensure that palm oil by-products can be used in full, creating value for the company.
“FGV Holdings has 68 extraction plants in Malaysia and produces approximately 3.47 million metric tons of empty fruit bunches per year.”
He pointed out that FGV Holdings hopes that its own extracting plant can integrate the expertise of the other party to build a pulp mill with a capacity of 50,000 metric tons per year.
Executives NAME/TITLE Wira Ybhg Datuk Azhar Bin Abdul Hamid Chairman/Interim CEO Aznur Kama Binti Azmir Acting CFO/Head:Finance Fakhrunniam Othman Chief Invsmt Ofcr/Chief Strategy Ofcr Syed Mahdhar Syed Hussain Chief Transformation Ofcr/COO:Plantation Sector Zalily Mohd Zaman Khan Chief Internal Auditor Mazri Abdul Rahim Chief Human Resources Officer Ida Suryati Datuk Abdul Rahim Chief Counsel Azman Ahmad COO:Logistics & Support Bus/Acting Chief Procurement Ofcr Dato Khairil Anuar Aziz COO:Sugar Sector Palaniappan Swaminathan COO:Plantation Koo Shuang Yen Secretary Daniel Vc Lee Head:Investor Relations
Board Members NAME/COMPANY Wira Ybhg Datuk Azhar Bin Abdul Hamid Ybhg Dato Yusli Bin Mohamed Yusoff Datuk Dr Salmiah Ahmad Dato Mohamed Suffian Bin Awang Mohamed Nazeeb P Alithambi Mohd Anwar Yahya Dr Nesadurai Kalanithi Datin Hoi Lai Ping Datuk Dr Othman Bin Omar Encik Mohd Hassan Ahmad
Type Announcement Subject MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER) Description CROP OUTPUT FOR NOVEMBER 2018 The production figures of FGV Holdings Berhad (formerly known as Felda Global Ventures Holdings Berhad) for the month of November 2018 are set out below:
Items Production Fresh Fruit Bunches 373,288 MT Rubber 431,379 KG Crude Palm Oil Produced 265,399 MT Palm Kernel Produced 66,352 MT
Koperasi felda continues to add fgv shares.... dont worry :)
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) FGV HOLDINGS BERHAD
Particulars of substantial Securities Holder Name KOPERASI PERMODALAN FELDA MALAYSIA BERHAD Address ARAS 8 BALAI FELDA JALAN GURNEY 1 Kuala Lumpur 54000 Wilayah Persekutuan Malaysia. Company No. KOOP NEGARA NO. 39 Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Share of RM1.00 each Details of changes No Date of change No of securities Type of Transaction Nature of Interest 1 14 Dec 2018 1,000,000 Acquired Direct Interest Name of registered holder KOPERASI PERMODALAN FELDA MALAYSIA BERHAD Address of registered holder ARAS 8, BALAI FELDA JALAN GURNEY 1 54000 KUALA LUMPUR WILAYAH PERSEKUTUAN Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred Acquisition of 1,000,000 shares on 14 December 2018 Nature of interest Direct Interest Direct (units) 190,766,608 Direct (%) 5.229 Indirect/deemed interest (units) Indirect/deemed interest (%) Total no of securities after change 190,766,608 Date of notice 19 Dec 2018 Date notice received by Listed Issuer 19 Dec 2018
KUALA LUMPUR: Malaysia is scheduled to hold a meeting with Indonesia and Colombia in Jakarta next February to discuss the French National Assembly’s decision to exclude the use of palm oil as a biodiesel feedstock.
Primary Industries Minister Teresa Kok said the French National Assembly’s decision posed a challenge to the country’s palm oil industry as there there were positive signs of price recovery to RM2,000 per tonne.
“In order to ensure that the country’s palm oil industry remains strong, the ministry will continue to encourage smallholders to strive for the Malaysian Sustainable Palm Oil (MSPO) certification.
“I find that many smallholders are unaware of the importance of MSPO in terms of good practice in the oil palm industry, thus raising the oil palm standard to the global best level,” she told a press conference after launching a Blood Donation and Health Examination Programme organised by the Bukit Jalil Rotary Club, here today.
The French National Assembly had on Dec 19 voted to end tax incentives for adding palm oil to diesel fuel as of 2020 and decided to treat palm oil diesel as a regular fuel and not as a green fuel.
Kok said the MSPO certification would be able to address the anti-palm oil campaign undertaken by the European Union (EU) and western countries.
Urging the public to support local palm oil products following the campaign, Kok said, “As the French National Assembly’s decision is a discrimination against a Malaysian commodity, the ministry will establish cooperation with non-governmental organisations, schools and various government agencies for next year’s palm oil campaign to raise awareness on the importance and benefits of using local palm oil.”
Kok called for a fair trade with France as palm oil producers such as Malaysia and Indonesia were importing food and using technologies from EU countries, including France. -- Bernama
KUALA LUMPUR: Malaysian palm oil futures rose more than 2 percent to an eight-week high on Wednesday evening, tracking gains in U.S. soyoil on the Chicago Board of Trade and palm olein on China's Dalian Commodity Exchange.
The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange was up 2 percent at 2,198 ringgit ($526.21) a tonne at the close of trade.
Earlier, it climbed as much as 2.1 percent to 2,200 ringgit, its strongest levels since Oct. 24.
Trading volumes stood at 63,580 lots of 25 tonnes each at the end of the trading day.
"The market reacted towards strong soybean oil, which rose overnight," said a futures trader in Kuala Lumpur.
Gains in palm olein on China's Dalian Commodity Exchange also lent support to the Malaysian market, said another futures trader.
The Chicago January soybean oil contract gained 0.9 percent on Tuesday after Chinese importers booked U.S. soybean shipments in the second wave of purchases since striking a trade war truce with Washington earlier this month.
It was last up 0.8 percent on Wednesday, holding steady on xpectations of continued large-scale Chinese purchases.
In other related oils, the January soybean oil contract on the Dalian Commodity Exchange gained 0.8 percent, while the Dalian January palm oil contract rose 1.6 percent.
Palm oil prices are impacted by changes in soyoil prices, as they compete for a share in the global vegetable oil market. - Reuters
and if makcik kok you are serious about palm business... go ask cabinet, old horse, MITI, kastam, everyone to block all crude palm oil import from Indonesia... and summon and hang license of those factories who buy and process indonesian palm oil instead of local... then you talk about local support la....
do you really know what happening on ground or not!!!????!!!!???
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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....
Victor Yong
8,271 posts
Posted by Victor Yong > 2018-12-24 09:57 | Report Abuse
dark horse , could be above rm1 soon