PH win or lose FGV will go back to 80. Then people buy then FGV go back to 108. Then people sell............just the usual cycle, need to get you timing right then make money. Good luck
as expected profit taking ..cleared posititon, wait for new deveopment. appointmeht of some good figure wont skyrocket any stock but business project generating money would do. ..till then, stay tune la
Let's check the standing of FGV . Currently, management under new team should be OK...no corruption....white paper.... Everything should be in place except the only one and most important...sales.
Political stability is one of the ingredients for any country's economy development. Coupled with social and market stability, the company (from the office boy until the CEO) can concentrate to improve the sales/production, unlock the hidden value in the Balance Sheet. In the case of FGV, it has plenty of lands with or without oil palm trees. The company can in the future, on top of avoiding any leakages and corrupt practices, monetize the assets like identifying certain locations for potential extraordinary income such having joint venture to construct certain facilities on the land. These facilities can be an airport, university township or housing/township. This company has the government to overseeing the weaknesses to be rectified because it can affect the economics of thousands of settlers.
As for now, after being reduced from the IPO price/as high as RM5.50 recorded. The current price of RM1.00 is just a meagre of RM5.50 and definitely better than a thousand Ringgits which are placed in the bank.
Well said ....buy I do believe in the new management and FGV and FELDA will be PH biggest asset to win rural vote next election they will make it right
As this is just a by-election far from GE15, Is an "Alert " to PH government something is not on the right track and measures must be taken to tackle the issues. More to be done on FGV.
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....
dam82
2,203 posts
Posted by dam82 > 2019-01-25 16:49 | Report Abuse
Sabar ..sure will move up if its goes down buy ..but sure long term lor