Posted by CharlesT > 2018-12-24 13:28 | Report Abuse

Raja u r fm palm oil industry?

Posted by Victor Yong > 2018-12-24 13:44 | Report Abuse

felda is expecting to get dividend from fgv but fgv didnt declare and pay this year, felda sudah sangkut, not fgv :)

http://www.theedgemarkets.com/article/settlers-feeling-heat-feldas-financial-mismanagement

Posted by Muarmali > 2018-12-24 13:49 | Report Abuse

PM-8 Azmin must work hand-in-hand with makcik Kok to fight this economy war at the international level. :)))

Posted by Victor Yong > 2018-12-24 14:12 | Report Abuse

Unaudited Condensed Consolidated Statement of Cash Flows
Amounts in RM thousand unless otherwise stated
Year to date ended
30 September
2018 2017
CASH FLOWS FROM OPERATING ACTIVITIES
(Loss)/profit for the financial period (904,201) 61,161
Adjustments for non-cash items 1,777,531 1,030,650
Operating profit before working capital changes 873,330 1,091,811
Changes in working capital (96,278) 83,300
Cash generated from operations 777,052 1,175,111
Interest received 22,956 25,390
Taxation paid (24,904) (123,940)
Zakat paid (15,486) (4,295)
Retirement benefits paid (449) (615)
Net cash generated from operating activities 759,169 1,071,651
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment (688,820) (918,716)
Purchase of intangible asset (13,383) (17,490)
Purchase of investment properties - (7,609)
Proceeds from disposal of property, plant and equipment 175 377
Proceeds from sales of available-for-sale financial assets - 47,914
Proceeds from disposal of investment in an associate 145,000 -
Proceeds from sale of financial assets at fair value through
profit or loss 17,978 -
Additions of available-for-sale financial assets - (60,096)
Additions of financial assets at fair value through profit or loss (23,519) (1,515)
Net cash inflow from disposal in a subsidiary 1,173 -
Payment for asset retirement obligations (14) (21)
Dividend received from associates 309 898
Dividend received from joint ventures 23,728 -
Dividend received from financial assets at fair value through
profit or loss 1,578 -
Dividend received from available-for-sale financial assets - 2,504
Loans to joint ventures - (22,510)
Net cash used in investing activities (535,795) (976,264)
9
FGV HOLDINGS BERHAD
(Formerly known as Felda Global Ventures Holdings Berhad)
QUARTERLY REPORT (CONTINUED)
Unaudited Condensed Consolidated Statement of Cash Flows (continued)
Amounts in RM thousand unless otherwise stated
Year to date ended
30 September
2018 2017
CASH FLOWS FROM FINANCING ACTIVITIES
Drawdown of borrowings 5,465,785 5,161,366
Repayment of borrowings (5,369,756) (5,112,111)
Repayment of LLA liability (219,656) (227,507)
Repayment of loan due to a significant shareholder (188,143) (102,143)
Dividend paid to shareholders - (36,483)
Dividend paid to non-controlling interest (43,386) (42,140)
Finance costs paid (134,962) (111,155)
Purchase of treasury stock (4,920) (8,997)
Net cash used in financing activities (495,038) (479,170)
Net decrease in cash and cash equivalents (271,664) (383,783)
Effect of foreign exchange rate changes 12,840 (16,608)
Cash and cash equivalents at beginning of the financial period 1,693,318 1,854,054
Cash and cash equivalents at end of the financial
period 1,434,494 1,453,663
Deposits, cash and bank balances 1,481,834 1,454,793
Less: Restricted cash (47,307) -
Less: Assets held for sale (33) (1,130)
Cash and cash equivalents at end of the financial period 1,434,494 1,453,663

Posted by Victor Yong > 2018-12-24 14:13 | Report Abuse

Q3, 2018 Purchase of property, plant and equipment (688,820,000) ada duit invest juga :)

Posted by Victor Yong > 2018-12-24 14:15 | Report Abuse

:)

MEDIA RELEASE
FGV incurs a loss of RM911 million, including impairment of RM788
million

KUALA LUMPUR, 28 NOVEMBER 2018 – FGV Holdings Berhad (FGV) has recorded loss before
zakat and tax (LZBT) of RM911 million for its third quarter ended September 2018. This loss
includes impairment amounting to RM788 million. LBZT before impairment came in at RM123
million, which compares to the profit before zakat and tax for the previous corresponding
quarter was RM118 million.

Posted by SALAM > 2018-12-24 14:16 | Report Abuse

Kak Kok is. too green to take on this portfolio. She needs to summon the spirit of the late LKY the great. Currently she looks loss, only can do murmuring to herself

Posted by Daily8 > 2018-12-24 14:16 | Report Abuse

Victor Yong, aka Calvintaneng, can u reduce abit your information from online? We can read somewhere lah. I know you bought FGV. please tone down abit.

Posted by Victor Yong > 2018-12-24 14:16 | Report Abuse

:)

FGV Holdings Berhad (formerly known as Felda Global Ventures Holdings Berhad) is Malaysia’s leading global agri-business and
is among the largest producer of Crude Palm Oil (CPO).
FGV’s operations stretch across more than 10 countries in Asia, the Middle East, North America and Europe, and are focused on
three main sectors: Plantation, Sugar and Logistics & Others. As the core business of the Group, the Plantation Sector is
enhanced through a fully integrated palm value chain of upstream, processing and downstream activities.
FGV is the world’s third largest oil palm plantation operator, has the world’s largest bulking and storage facilities for vegetable
oil and is Malaysia’s top refined sugar producer. It also specialises in the production of renewable bio-fuels, oleo chemicals, oils
and fats, and rubber processing activities
With a workforce of more than 35,000, FGV aspires to be one of the world’s leading agri-business companies.

Posted by Muarmali > 2018-12-24 14:23 | Report Abuse

Victor Yong believe by reposting some sound good news will help to push the shares price up. I will demand a refund from Warren Buffett for all his investment related books. :)))))))))

Posted by Muarmali > 2018-12-24 14:24 | Report Abuse

PM-8 Azmin must rescue CPO. :)

Posted by Muarmali > 2018-12-24 14:27 | Report Abuse

Today if you want to venture into plantation business you have only 2 choices. Oil palm or musang king.
CPO is depend on China. Unfortunately, musang king is also depend on China. :)))

Posted by Victor Yong > 2018-12-24 14:29 | Report Abuse

:)

GIC-Backed Indonesian Palm Oil Producer Is Said to Explore Sale https://www.bloomberg.com/news/articles/2018-12-20/gic-backed-indonesian-palm-oil-producer-is-said-to-explore-sale

Posted by newbie2018 > 2018-12-24 14:31 | Report Abuse

Sifus how can govn help Felda Settlers problems?

Posted by newbie2018 > 2018-12-24 14:32 | Report Abuse

Settlers feeling the heat of Felda’s financial mismanagement
http://www.theedgemarkets.com/article/settlers-feeling-heat-feldas-financial-mismanagement

Posted by Muarmali > 2018-12-24 14:32 | Report Abuse

"Demand and supply" is just an introduction for the undergraduate to learn economy. In real life, the demand and supply forces have never be equal. China's demand is so great that it can distort the market price as seen in the steel industry last time.

Posted by Jiahui Foo > 2018-12-24 14:41 | Report Abuse

Green huik wear red shirt again!

Posted by Daily8 > 2018-12-24 14:57 | Report Abuse

If only Indonesia/ China ? India buy over Malaysia oil palm FGV, forsee better future.

Posted by Muarmali > 2018-12-24 15:00 | Report Abuse

Samy also cannot handle them. You think makcik Kok or PM-8 Azmin can handle India?
You Chinese people say, ai pee ai ci, ko ai tua liap ni. :))))))

Posted by rajachulan > 2018-12-24 15:02 | Report Abuse

hahahahahahahahahaha
-----------------------------------------------------------------------
Muarmali > Dec 24, 2018 03:00 PM | Report Abuse

Samy also cannot handle them. You think makcik Kok or PM-8 Azmin can handle India?
You Chinese people say, ai pee ai ci, ko ai tua liap ni. :))))))

Posted by Muarmali > 2018-12-24 15:11 | Report Abuse

Focus on Russian, African and Middle East.

Increase trade with Russian. Buy some of their fighter jets. To counter France, lelong the scorpion submarine or batter trade with Russian for their submarine. Russian sure love to dissect scorpion.

So many African students study here. Don't let them just marry all the fat girls here but promote palm oil and downstream products to them. Palm oil is essential for maintaining fat.

For Middle East, I reserve this for PM-8 to think about it. :)))

Posted by emil > 2018-12-24 15:57 | Report Abuse

recent ups due to technical rebound only......after holiday season over, price will resume downwards to 0.50sen

Posted by Muarmali > 2018-12-24 16:02 | Report Abuse

emil, you are right. :)))

Posted by signalmw > 2018-12-24 16:08 | Report Abuse

my god

Posted by JP1952 > 2018-12-24 18:59 | Report Abuse

Santa Claus will not come this year.......take care, price will down after Christmas and NY.

Posted by cpo_ > 2018-12-25 03:39 | Report Abuse

Plant something else? What fruit good price other than Musang King?

Posted by cpo_ > 2018-12-25 03:39 | Report Abuse

B10, then B20 pls come sooner.

Posted by 5354_ > 2018-12-25 03:44 | Report Abuse

Plant more rubber due to glove demand is it OK?

Posted by henry888 > 2018-12-25 06:44 | Report Abuse

Oil already falls below US50, gov't will have to find replacement income. Other sectors like plantation may have to be focused.

Posted by Daily8 > 2018-12-25 20:33 | Report Abuse

FGV in the midst of turning into more downstream business. Plantation is tough and required more workers, more fertilisers and long time frame for young trees to grow. Palm oil is a lucrative product and they are countries like China, India and EU buying over palm oil for commercial purposes by tonnes.

Since the corrupted management have been put aside, the best turnaround for FGV is on the way. They need to incorporate new marketing strategy to attract more middle range businesses buyers that utilise palm oil to market their products.

Downstream products should be packaged with international attractiveness.

Posted by 5354 > 2018-12-25 20:48 | Report Abuse

Cattle rearing any update?

Posted by emil > 2018-12-25 21:31 | Report Abuse

FLASHING ALERT!!! Be prepare for mass program selling across Bursa counters amid US DowJones waterfall towards 18K and something not right on World Financial turmoil with Oil price crushing down...

Posted by JP1952 > 2018-12-25 21:32 | Report Abuse

Better turn into padi fields, rice is always a great demand for Asian. No need to depend on US and EU market.

Posted by mastermarcus > 2018-12-25 22:03 | Report Abuse

Malaysia already drops so much when US is peak. But the worst will be below 1,500 for bursa....but cash will be king in next year!

Posted by Tongkarat > 2018-12-25 22:37 | Report Abuse

Ho ho ho ho ho......Santa on the go.....

Posted by dam82 > 2018-12-25 22:55 | Report Abuse

2morow might be bad ,.. for those who holding above 1.2 nothing much to worry since we might be here for a long time ... now watch and see .. long term prospect still looks good for me for FGV ..

Posted by JP1952 > 2018-12-26 08:08 | Report Abuse

Ppl have been talking about FGV to look for long term prospect since it listed. The longer you look the more pain you suffer. Looks like the MAS 2.0

Posted by henry888 > 2018-12-26 09:11 | Report Abuse

It looks like interest is important....depends on which sectors....scenario of Mas and Proton different fate.

Posted by Jiahui Foo > 2018-12-26 09:11 | Report Abuse

No worry lah, so many land bank......

Posted by Felda_settlers > 2018-12-26 09:20 | Report Abuse

We kicked BN out in GE14. Now PH make us suffer. Are we stupid to trust PH 100%?

Posted by SWT1988 > 2018-12-26 09:24 | Report Abuse

Will drop below 0.70 today?

Posted by henry888 > 2018-12-26 09:25 | Report Abuse

That is what i said "interest" is important.

Posted by dam82 > 2018-12-26 09:35 | Report Abuse

FGV cannot be like MAS ..even if it's privatized it will be more than 1 so can't as bad as MAS ..also PH need to show people under them GLC is performing better than BN ..

Posted by dam82 > 2018-12-26 09:40 | Report Abuse

However anything can happen under PH

Posted by dam82 > 2018-12-26 09:52 | Report Abuse

Yea looks like below 0.69 today

Posted by 8residence > 2018-12-26 09:53 | Report Abuse

FGV......below IPO=pity the settlers; below RM1.00=pity the major share holders; below RM0.75= pity me...below my purchased price...hahaha

Posted by Daily8 > 2018-12-26 09:53 | Report Abuse

PH now have internal struggle. They need more time still to adjust to the social of this country. On top, don't leave alone economy matter. They are too important to be ignored.

Posted by RafflesQuay > 2018-12-26 09:54 |

Post removed.Why?

Posted by dam82 > 2018-12-26 09:56 | Report Abuse

Pitty those bought above 1 also

Posted by Daily8 > 2018-12-26 10:03 | Report Abuse

Enough of the word pity pity. Legs are wet. Need to look ahead.