Posted by Victor Yong > 2019-01-22 19:30 | Report Abuse

Hopefully, this year, FGV bagi dividen.... tahun 2018 takda... dahulu ada :)

FGV - Dividend

23-Nov-2017 07-Dec-2017 DIVIDEND Interim Dividend RM 0.05 Dividend Detail
25-Apr-2017 29-May-2017 DIVIDEND Final Dividend RM 0.01 Dividend Detail
27-Apr-2016 16-Jun-2016 DIVIDEND Final Dividend RM 0.0200 Dividend Detail
26-Nov-2015 09-Dec-2015 DIVIDEND Interim Dividend RM 0.0200 Dividend Detail
22-May-2015 26-Jun-2015 DIVIDEND Final Dividend RM 0.0400 Dividend Detail
25-Aug-2014 10-Sep-2014 DIVIDEND Interim Dividend RM 0.06 Dividend Detail
02-Jun-2014 26-Jun-2014 DIVIDEND Final Dividend RM 0.1 Dividend Detail
27-Nov-2013 10-Dec-2013 DIVIDEND Interim Dividend RM 0.06 Dividend Detail
07-Jun-2013 27-Jun-2013 DIVIDEND Final Dividend RM 0.085 Dividend Detail
04-Sep-2012 20-Sep-2012 DIVIDEND Interim Dividend RM 0.055

Posted by newbie5354_ > 2019-01-22 19:49 | Report Abuse

Why FGV new CEO news not announced by Bursa yet? Need Cameron by-election over first?

Posted by Money122 > 2019-01-22 20:06 | Report Abuse

Wang Baoqin, FGV, knowing Chinese food
Sinchew Tue, Jan 22, 2019 - 5 hours ago


Chairman of FGV Holdings (FGV, 5222, Main Board Planting Group) Datuk Wira Azha Abdul Hami issued a "To shareholders' letter" last week, reporting on the restructuring progress since he took office on September 8 last year.

The company went public six and a half years ago and was the second largest initial public offering (IPO) in the world, second only to Facebook.

At the time of listing, FGV Holdings had a market capitalization of RM16.6 billion and is now only RM3.48 billion. In just six and a half years, the company's market value evaporated by 13.2 billion ringgit, which is as high as 79%.

In the past few years, careless investors will also find that FGV Holdings has been “not doing business”. The giant, once known as the world's largest listed oil palm plantation company, has been aggressively pursuing M&A activities. It has been unwilling to improve its core planting business. Due to high-level short-sightedness, the company turned a blind eye to the long-term oil palm plant cultivating plan, resulting in most oil palm. The trees are all over 25 years old.

The Malaysian Investment Bank estimates that the original palm oil is priced at RM2,300 per metric ton. FGV Holdings earns only RM42, which is only a little more than RM29,000 for TH planting (THPLANT, 5112, main board planting group). The control shareholders of TH planting are equally troubled pilgrimage fund bureaus.

The same is RM2,300, IOI Group (IOICORP, 1961, main board planting group) and Genting planting (GENP, 2291, main board planting group) can earn RM600 per metric ton, the impact of efficiency is obvious.

FGV Holdings' production costs are high, except for the low operating efficiency, which also includes the company's cash expenditure for renting oil palm gardens from the Federal Land Development Agency. That is to say, even if it earns more, the company's profits are mostly entered. The pocket of the major shareholder.

Azha said that the former board of directors and management did not properly handle a number of issues, causing the company to "get lost". Now the board of directors has changed and appointed a number of senior management to take over the main business. He is confident that he can solve it. The problems and challenges faced.

According to the goal of the Shareholders' Book, if the original palm oil market maintains RM2,500 per metric ton, the company's annual pre-tax profit is expected to reach RM1 billion. For reference, the company's average selling price of crude palm oil in the third quarter of last year was RM 2,371 per metric ton. After deducting special items, the company suffered a pre-tax loss of RM 86 million.

The most gratifying thing for the management is that after several years of downturn, the price of crude palm oil is expected to rebound this year. The Malaysian Palm Oil Board (MPOB) is optimistic that it will break through RM2,500 per metric ton.

In any case, FGV Holdings has been riddled with grief, even though the original palm oil market has risen a lot, and there is still a lot of rain in front of it. The management still has a mountain of work to be dealt with. Compared with the fuss of the future, writing a letter is probably the easiest step in Azha.

Posted by Tongkarat > 2019-01-22 21:45 | Report Abuse

Mambang tidor bawah pokok sawit....

Posted by Junior Stockist > 2019-01-22 22:34 | Report Abuse

tongkarat, fgv still got power?

Posted by BRAVOZULU > 2019-01-22 23:08 | Report Abuse

rehat dulu laaa, sudah naik banyak tuuu haha

Posted by Tongkarat > 2019-01-23 00:12 | Report Abuse

Yeahhhh....power of sawit....small break to rest

Posted by enid888 > 2019-01-23 01:48 | Report Abuse

Just like MAS, FGV needs to be taken private so that restructuring can be done rapidly and smoothly.

Posted by henry888 > 2019-01-23 05:55 | Report Abuse

Privatization to the Company may be good for long term but to shareholders may not be a good ending. The matter lied on how much you bought the shares and how much Company is offering to privatize.

Posted by Victor Yong > 2019-01-23 07:06 | Report Abuse

Agreed. privatize at 50sen, semua akan rugi :)


Posted by henry888 > Jan 23, 2019 05:55 AM | Report Abuse

Privatization to the Company may be good for long term but to shareholders may not be a good ending. The matter lied on how much you bought the shares and how much Company is offering to privatize.

Posted by Victor Yong > 2019-01-23 07:45 | Report Abuse

:)

https://www.thestar.com.my/business/business-news/2019/01/23/palm-hits-over-4-month-high-on-bullish-price-forecasts/

Posted by enid888 > 2019-01-23 08:15 | Report Abuse

FGV will definitely consider the acceptance rate of the shareholders. The offer price must be attractive enough for them to reach 90% acceptance. I think the first offer will be at least RM1.50 a share. Price will be revised upwards if acceptance is not good.

Posted by Jiahui Foo > 2019-01-23 09:03 | Report Abuse

Biawak curi makan jelly sawit......

Posted by Victor Yong > 2019-01-23 09:03 | Report Abuse

appointment of new CEO to be announced b4 month end

Posted by Tongkarat > 2019-01-23 09:25 | Report Abuse

Shooo shooooo....kasik halau sama biawak...

Posted by 5354_ > 2019-01-23 09:31 | Report Abuse

Azhar 1 year 4 mths in FGV what he did?

Posted by 5354_ > 2019-01-23 09:36 | Report Abuse

MRT CEO preferred by Azhar so that he can continue getting high position in FGV?

Posted by 5354_ > 2019-01-23 09:39 | Report Abuse

Why ex-MRT CEO not the new FGV CEO?

Posted by Victor Yong > 2019-01-23 09:47 | Report Abuse

:)

Malaysian palm oil futures extended gains to a more than four-month high on Tuesday evening, supported by bullish price forecasts at an industry conference over the weekend and strength in U.S. soyoil

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Jan 23.

FUNDAMENTALS

* Malaysian palm oil futures extended gains to a more than four-month high on Tuesday evening, supported by bullish price forecasts at an industry conference over the weekend and strength in U.S. soyoil.


* U.S. soybean and corn futures fell to session lows on Tuesday on reports that the Trump administration turned down Chinese offers this week for preparatory trade talks, brokers said.

* Oil prices extended falls from the previous session on Wednesday, as concerns of an economic slowdown weighed on markets.

MARKET NEWS

* A gauge of world stock markets fell on Tuesday as concerns over global growth and trade gave investors incentive to look towards safe-haven assets such as the Japanese yen and government bonds.

RELATED

GRAINS-U.S. soy, corn fall as U.S.-China preparatory talks falter

Bunge appoints new acting CEO, cuts 2018 guidance

ADM says German Mainz soybean crushing plant returns full output

Ukraine warns traders after wheat exports near limit

Canadian railways ration space as commodity congestion problems worsen


DATA/EVENTS

Cargo surveyor AmSpec releases Malaysia's Jan 1-25 palm oil export data on Jan 25.

Cargo surveyor SGS releases Malaysia's Jan 1-25 palm oil export data on Jan 25.

Cargo surveyor ITS releases Malaysia's Jan 1-25 palm oil export data on Jan 25. - Reuters

Posted by Jiahui Foo > 2019-01-23 10:04 | Report Abuse

Can buy popcorn oledi.....

Posted by manahin > 2019-01-23 10:14 | Report Abuse

HoHoHo!

Posted by azta12 > 2019-01-23 10:14 | Report Abuse

hihihi standby hantam

Posted by 5354_ > 2019-01-23 10:15 | Report Abuse

1.08 can come let Ambank be taiko bank.

Posted by Tongkarat > 2019-01-23 10:53 | Report Abuse

Mambang sawit kerja kuat....kait sawit

Posted by Tongkarat > 2019-01-23 10:54 | Report Abuse

Mambang sawit berjaya halau biawak....jelly sawit selamat

Posted by Tongkarat > 2019-01-23 10:55 | Report Abuse

Kasik kompang.... Pang pang pang kopang kopang kopang gibing gibing gibing gibing

Posted by Tongkarat > 2019-01-23 10:56 | Report Abuse

Kopang kopang kopang kopang gibing gibing gibing gibing

Posted by Tongkarat > 2019-01-23 10:56 | Report Abuse

Kopang kopang kopang kopang gibing gibing gibing gibing

Posted by azta12 > 2019-01-23 10:57 | Report Abuse

hantam hihihi

Posted by Tongkarat > 2019-01-23 10:57 | Report Abuse

Kopang gibing kopang gibing kopang gibing

Posted by Tongkarat > 2019-01-23 10:57 | Report Abuse

Kopang gibing kopang gibing kopang gibing

Posted by azta12 > 2019-01-23 10:57 | Report Abuse

tongkarat pinjam mambang hihihi

Posted by Victor Yong > 2019-01-23 10:57 | Report Abuse

easily above RM1 after the new CEO appointment has been announced :)

Posted by Tongkarat > 2019-01-23 10:58 | Report Abuse

Gibing gibing gibing gibing gibing gibing

Posted by manahin > 2019-01-23 10:59 | Report Abuse

Kompang kasi hantam kuat!

Posted by Victor Yong > 2019-01-23 10:59 | Report Abuse

Extra 2 push factors that will push up the price, Azmin's presentation on Felda/FGV + New CEO .... Now, FGV is a very liquid stock on Bursa :)

Posted by Victor Yong > 2019-01-23 11:03 | Report Abuse

tarikh terkini fgv pada harga RM1 adalah Nov 28, 2018... sebelum menjunam..... fgv will be back to RM1 pretty soon :)

Posted by azta12 > 2019-01-23 11:05 | Report Abuse

nice , keep the momentum going, will surpass the 1.00 soon

Posted by Tongkarat > 2019-01-23 11:09 | Report Abuse

Kopang kopang kopang kopang gibing gibing gibing gibing

Posted by Victor Yong > 2019-01-23 11:09 | Report Abuse

52 Weeks Range: 0.63 - 2.09 , So, RM1 target price, not so much :)

Posted by Tongkarat > 2019-01-23 11:10 | Report Abuse

Kopang kopang kopang kopang gibing gibing gibing gibing

Posted by Tongkarat > 2019-01-23 11:10 | Report Abuse

Kopang gibing kopang gibing kopang gibing

Posted by Tongkarat > 2019-01-23 11:10 | Report Abuse

Kopang gibing kopang gibing kopang gibing

Posted by Tongkarat > 2019-01-23 11:11 | Report Abuse

Gibing gibing gibing gibing gibing gibing

Posted by Victor Yong > 2019-01-23 11:13 | Report Abuse

overall market was in the red but fgv has risen by 2.5sen today , not bad :)

Posted by Tongkarat > 2019-01-23 11:15 | Report Abuse

Sawit lah datang....bertandan tandan...
Bikin lah jelly....berkoyan koyan...
Perah lah santan....bekukan santan...
Pilih lah sawit....jangan lah segan...

Posted by Victor Yong > 2019-01-23 11:15 | Report Abuse

That letter has driven the price up by more than 10sen recently, more news to come :)

Monday, 14 Jan 2019

6:43PM FGV CHAIRMAN'S LETTER TO SHAREHOLDERS

Posted by Tongkarat > 2019-01-23 11:15 | Report Abuse

Mambabg sawit all the way...

Posted by Tongkarat > 2019-01-23 11:16 | Report Abuse

Pasti sawitttttttt....

Posted by Tongkarat > 2019-01-23 11:23 | Report Abuse

Kopang gibing kopang gibing kopang gibing