Posted by Victor Yong > 2019-01-22 10:41 | Report Abuse

:)

http://www.theedgemarkets.com/article/palm-oil-prices-rise-rm2400t-endmarch-—-analyst-mistry

Posted by Jiahui Foo > 2019-01-22 10:42 | Report Abuse

Pontianak sembunyi di belakang pokok sawit.......

Posted by azta12 > 2019-01-22 10:52 | Report Abuse

accumulate and keep. hihihi

Posted by Why_ > 2019-01-22 10:55 | Report Abuse

CPO up FGV down? Who's wrong? PH govn or Azhar?

Posted by Jiahui Foo > 2019-01-22 11:07 | Report Abuse

Trading stock up or down, depend on big fishes mood .....give more stars or praises to them lah!

Posted by Change_ > 2019-01-22 11:25 | Report Abuse

GE15 again change govn? Start with Cameron by-election?

Posted by BN_better > 2019-01-22 11:35 | Report Abuse

BN to win Cameron? Why PH still campaign hard? Not their money but govn?

Posted by BN_better > 2019-01-22 11:36 | Report Abuse

Don't believe Tony Pua. Even 1MDB yacht nobody want.

Posted by BN_better > 2019-01-22 11:41 | Report Abuse

1MDB tool to help Felda settlers and FGV why not mentioned?

Posted by Jiahui Foo > 2019-01-22 11:52 | Report Abuse

Tab water no water, how to tolong rakyat?

Posted by Insidernews888 > 2019-01-22 11:53 |

Post removed.Why?

Posted by Victor Yong > 2019-01-22 13:16 | Report Abuse

new ceo will be announced soon :)

FGV targets new CEO appointment by end-January
PLANTATIONS
Wednesday, 28 Nov 2018

4:43 PM MYT
by intan farhana zainul



KUALA LUMPUR: FGV Holdings Bhd is targeting to finalise the appointment of its chief executive officer by end-January next year.

Its chairman and interim CEO Datuk Wira Azhar Abdul Hamid said there are now down to two candidates for the top post.

Read more at https://www.thestar.com.my/business/business-news/2018/11/28/fgv-targets-new-ceo-appointment-by-end-january/#VHmWlVT9jDzZG6Vi.99

Posted by Victor Yong > 2019-01-22 13:23 | Report Abuse

the worst for fgv is over :)

FGV confident worst is over
by Syndicated News
Felda-Global-Ventures_20180425172714_fgv
Syndicated News
Written by Syndicated News
KUALA LUMPUR — Nov. 28, 2018: The interim Chief Executive Officer of FGV Holdings, Datuk Wira Azhar Abdul Hamid, is confident that the company has survived and gone through the most difficult part of a transformation exercise, including a major change in management.

Speaking to reporters after the announcement of FGV’s third quarter financial results today, Azhar said the future would thus be brighter for the agricultural and agro-commodities company.

“Personally, I strongly believe that our share price will not stay below RM1,” he remarked in response to a question if FGV shares would become a penny stock.

Its share price declined to an all-time low yesterday, closing nine cents or 8.26 per cent easier to RM1, erasing another RM330 million in market capitalisation.

With the ongoing transformation programme, Azhar is optimistic investors would start seeing value in what FGV is doing.

“So looking at what we are doing, the objective that we have in mind and remaining transparent would see us moving forward, I believe the trust level will also improve and that will be reflected in a better share price.”

In the last 12 months FGV undertook several changes including changing the composition of the board which now includes industry and other relevant experts. Azhar is also chairing the board.

According to Azhar, FGV expects the ongoing forensic investigations involving six transactions and/or investment decisions to be complete by the year’s end. Of the six, one or two legal action will be initiated.

Investigations have been completed on the acquisition into Asia Plantations Ltd., investments in FGV Cambridge Nanosystems Ltd. and the acquisition of Troika condominiums in the city.

FGV recorded its largest impairment amounting to RM788 million in the third quarter, much of it due to APL.

The company informed Bursa Malaysia that it posted a net loss of RM849.26 million in the third quarter ended last September 30, compared with a net profit of RM41.53 million a year ago. Revenue also fell to RM3.19 billion from RM4.14 billion. — Bernama

Posted by Victor Yong > 2019-01-22 13:25 | Report Abuse

kenangan sedikit, tahun 2014... maybe, it will happen this year, M&A for FGV , :)

CIMB Research sees potential earnings boost from FGV M&A plans
INVESTING
Wednesday, 19 Mar 2014

8:45 AM MYT
KUALA LUMPUR: CIMB Equities Research continues to advise investors to hang on to their Felda Global Ventures
image: https://cdn.thestar.com.my/Themes/img/chart.png

(FGV) shares and ride on the potential earnings accretion from its M&A plans and the upswing in crude palm oil (CPO) prices.

"The stock is leveraged against rising CPO prices. We estimate that every RM100 per tonne change in CPO price will boost its FY15 EPS by 7%. Its share price is also supported by decent dividend yields and a strong balance sheet," it said on Wednesday.

CIMB Research said during its recent US conference, FGV revealed that its M&A appetite has not waned despite sealing RM3.4bil worth of M&As in 2013.

"In 2014, the group will be working to consolidate and add value to the recently acquired assets as well as scout for potential acquisitions and joint ventures. It expects CPO prices to trade in the range of RM2,600-2,800 per tonne, which is in line with our estimates.

"We maintain our earnings forecasts, SOP-based target price (RM4.72) and Hold rating. The stock is not cheap from a valuation perspective against its peers but we see support for its share price, thanks to its decent dividend yields of 3.6% and strong balance sheet," it said.


Read more at https://www.thestar.com.my/business/investing/2014/03/19/cimb-research-sees-potential-earnings-boost-from-fgv-plans/#mjxYxcFyYS6cLm1I.99

Posted by Victor Yong > 2019-01-22 13:55 | Report Abuse

fgv should be on recovery .... but need patient.... it could jump a lot suddenly like recently :)

http://www.theedgemarkets.com/article/fgv-advances-12-climbing-most-more-three-years

Posted by Undilah_DAP > 2019-01-22 14:13 | Report Abuse

Pahang records deficit budget from 2014 to 2017: Lim Guan Eng
https://www.thesundaily.my/local/pahang-records-deficit-budget-from-2014-to-2017-lim-guan-eng-DD410959

Posted by Tongkarat > 2019-01-22 14:25 | Report Abuse

Sawit masih okay

Posted by Tongkarat > 2019-01-22 14:26 | Report Abuse

Ular sawit nyorok belakang tandan dan pelepah sawit

Posted by Tongkarat > 2019-01-22 14:26 | Report Abuse

Mambang sawit kasik tangkap sama ular sawit

Posted by Tongkarat > 2019-01-22 14:27 | Report Abuse

Kopang gibing kopang gibing kopang gibing

Posted by Victor Yong > 2019-01-22 14:29 | Report Abuse

Warren buffet style sudah muncul dalam FGV, sila pegang saham fgv jangan lari :)

FGV’s chairman Azhar pledges ‘timely’ update on transformation plan
Chester Tay

theedgemarkets.com

January 14, 2019 19:45 pm +08


KUALA LUMPUR (Jan 14): In a move likened to Warren Buffett's highly-anticipated annual letter to shareholders, FGV Holdings Bhd's chairman Datuk Wira Azhar Abdul Hamid filed his letter to the plantation giant's shareholders for the first time on Bursa Malaysia today.

In the letter, Azhar said the transformation team had spent the last few months unearthing a slew of problems.

“The good news is the problems can be solved, and the better news is, we expect improved returns to start flowing to shareholders this year,” he said.

Posted by Undilah_DAP > 2019-01-22 14:30 | Report Abuse

Min RM 1 on 25th Jan. Buy buy buy.

Posted by Undilah_DAP > 2019-01-22 14:32 | Report Abuse

Ambank TP RM 1.08 can reach?

Posted by henry888 > 2019-01-22 14:34 | Report Abuse

oh sudah tukar name FGV - FGA. DAP RM1 tidak cukup RM2 bagus .

Posted by Victor Yong > 2019-01-22 14:37 | Report Abuse

FGV ada ong tahun ini menurut pengerusi FGV :) Jangan lari

http://www.theedgemarkets.com/article/fgvs-chairman-azhar-pledges-time...

Posted by Victor Yong > 2019-01-22 14:38 | Report Abuse

Jika FGV pulih, TH juga akan pulih sikit :) walaupun syer FGV sudah dipindahkan :)

Monday, 31 Dec 2018

6:18PM FGV MEMORANDUM OF UNDERSTANDING

1:26PM FGV URUSHARTA JAMAAH SDN BHD (283,710,100 units Acquired)

1:24PM FGV LEMBAGA TABUNG HAJI (283,710,100 units Disposed)

Posted by Jiahui Foo > 2019-01-22 14:40 | Report Abuse

Fgv got Warren Sawit, dun need buffet mat salleh. Ambank copy tongkarat tp lor......!

Posted by Tongkarat > 2019-01-22 14:41 | Report Abuse

Mambang sawit panggil ong....mana satu ong you mau.... Ong Kim swee... Ong ma tim.... Ong tee kiat...

Posted by Tongkarat > 2019-01-22 14:44 | Report Abuse

@Jiahui Foo....thank you for your kind compliments...

Posted by Victor Yong > 2019-01-22 14:51 | Report Abuse

FGV, interesting play for years to come :)

https://www.worldofbuzz.com/i-would-slap-his-face-chef-wan-says-after-najib-claims-feldas-golden-age-was-bn-rule/

Posted by Tongkarat > 2019-01-22 14:55 | Report Abuse

Yes Victor Yong....sawit is our daily needs....at least to most of us....

Posted by Jiahui Foo > 2019-01-22 14:55 | Report Abuse

Mambang should call up Tesco, coz each yr also ONGMALI! !Mambang need some popcorn?

Posted by Jiahui Foo > 2019-01-22 15:00 | Report Abuse

Got sawit shampoo or facial mask?

Posted by Victor Yong > 2019-01-22 15:28 | Report Abuse

:)

FROM Dec 31 to Jan 4, notable filings on shareholding changes in companies listed on Bursa Malaysia include those from companies that counted Lembaga Tabung Haji (TH) as a substantial shareholder. The pilgrim fund has transferred its underperforming equities to a special purpose vehicle (SPV) under the Ministry of Finance.

The companies where Urusharta Jamaah Sdn Bhd replaced TH as a substantial shareholder include Brahims’ Holdings Bhd, FGV Holdings Bhd, Datasonic Group Bhd and Uzma Bhd.

TH group managing director and CEO Datuk Seri Zukri Samat had reportedly said the RM19.9 billion worth of underperforming assets transferred to the SPV included a mix of properties with a yield of less than 2% and equities with impairment of more than 20%.

Posted by Tongkarat > 2019-01-22 15:37 | Report Abuse

Aiyooooooooo.....sawit shampoo and facial mask....need to do some research...,aiyoyo

Posted by Tongkarat > 2019-01-22 15:38 | Report Abuse

I think minyak rambut sawit or hair gel sawit can.....

Posted by Tongkarat > 2019-01-22 15:39 | Report Abuse

Kompang gibing kopang gibing kopang gibing kopang gibing

Posted by Sinoboy > 2019-01-22 15:44 | Report Abuse

Tongkarat save your energy. It's going south, no fundamentals. Weak yield per acre, wastage...need time, maybe 6 months at least to recover

Posted by Jiahui Foo > 2019-01-22 15:47 | Report Abuse

Monday sinchew busi, perli fgv in their article. Said if 2300/mt, the firm can only make RM 42, much more lower than RM 500 for IOI & KLK. No wonder drop lah, can simpan pompang oledi!

Posted by Jiahui Foo > 2019-01-22 15:51 | Report Abuse

If really true ah, then our 1 b profit in chilling water oledi!

Posted by Jiahui Foo > 2019-01-22 16:00 | Report Abuse

Let's pray mambang to save our star firm and CEO.....

Posted by 5354_ > 2019-01-22 16:19 | Report Abuse

ECRL may still go on after all — report
https://www.theedgemarkets.com/article/ecrl-may-still-go-after-all-%E2%80%94-report

Posted by 5354_ > 2019-01-22 16:28 | Report Abuse

Only ECRL continue CPO can back to RM 2500-3000?

Posted by henry888 > 2019-01-22 16:31 | Report Abuse

Hopefully palm oil under FGV is one of the main chips in the negotiation of the ECRL and as a exchange, ie. palm oil to offset some of the debt.

Posted by Tongkarat > 2019-01-22 16:50 | Report Abuse

Mambang sawit keep on jaga sawit....

Posted by Tongkarat > 2019-01-22 16:51 | Report Abuse

No worries.... still good territory

Posted by azta12 > 2019-01-22 17:17 | Report Abuse

hihihi.mesti mali punya.

Posted by Victor Yong > 2019-01-22 17:24 | Report Abuse

:)

FGV Holdings Bhd seems to be an unlikely choice for a stock pick, given the bout of bad news surrounding the global agri-business giant last year.

But TA Securities chief investment officer Choo Swee Kee opined that FGV had suffered enough in the past year and is now on the path of redemption.

“It has gone through weak management, poor risk control, declining crude palm oil (CPO) prices, bad acquisition [decisions] and recently a substantial write-off to the tune of almost RM800 million.

“With FGV being government-linked, new management and better policies have been put forward to turn the company around. It is critical the government gets it right this time as this may have implications for thousands of Felda settlers. Investors’ expectations are low and any sign of improvement will be taken as positive,” he told The Edge Financial Daily.

For the nine-month financial period ended Sept 30, 2018 (9MFY18), FGV reported a net loss of RM871.15 million, compared to a net profit of RM80.49 million a year ago, largely due to impairment losses of RM798 million. The bulk of the impairment stemmed from goodwill on the acquisition of Asian Plantations Ltd.

Year-to-date, CPO prices, which play a significant role in FGV’s plantation business, had declined by 21% to RM1,903 per tonne on Dec 26, 2018.

Choo noted a reprieve for FGV’s current depressed share price as the value of its assets and land.

“FGV is trading at a [more than] 30% discount to its net tangible assets. It owns about 350,000 hectares of plantation land,” he said.

Posted by Victor Yong > 2019-01-22 17:28 | Report Abuse

:)

KUALA LUMPUR (Jan 22): Malaysia Airports Holdings Bhd (MAHB), together with three major airlines — Malaysia Airlines Bhd, AirAsia Group Bhd and Malindo Airways Sdn Bhd, have pledged their support to promote Malaysian palm oil, according to the Ministry of Primary Industries.

The four aviation players expressed their support to further boost the ministry's 'Love MY Palm Oil' campaign during meetings with the Minister of Primary Industries Teresa Kok, when she informed them about her aspirations and plans to promote palm oil, the ministry said in a statement.

This, according to the ministry, means they will spread the message of their support to foreign visitors through various channels, including their digital info screens, in-flight magazines and entertainment systems, and art and product displays.

"I am glad that MAHB and the airlines have displayed their patriotism by supporting our campaign to further elevate the image of palm oil. Their efforts will also help us counter misperceptions on palm oil created by the aggressive anti-palm oil campaigns.

"I hope many more industry players will come forward and join us in this cause to protect our nation's largest commodity that has been the source of livelihood and jobs for three million people in Malaysia," said Kok.

The campaign will be carried out throughout this year with the aim to instil national pride and greater appreciation for Malaysian palm oil, focusing on socio-economic, health, nutrition, food and non-food applications.

"Events and activities are catered to different stakeholders including industry members, professionals, students, academia and the general public," the ministry added.

Posted by jackMaDe > 2019-01-22 17:38 | Report Abuse

thanks for sharing victor