FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

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Last Price

1.08

Today's Change

0.00 (0.00%)

Day's Change

1.07 - 1.09

Trading Volume

205,600


35 people like this.

49,339 comment(s). Last comment by speakup 1 week ago

Sinoboy

2,131 posts

Posted by Sinoboy > 2019-03-22 15:31 | Report Abuse

Tks tongkarat. Red today...

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-03-22 15:33 | Report Abuse

Sinoboy.... profit taking... usual on Friday...

Sinoboy

2,131 posts

Posted by Sinoboy > 2019-03-22 15:50 | Report Abuse

Ok :)). Hopefully next week it will improve

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-03-22 17:15 | Report Abuse

Profit taking well absorbed... Closing price above support level...
Mambang sawit won't be around next week as mambang would be away to NZ for holiday...

DickyMe

14,755 posts

Posted by DickyMe > 2019-03-22 18:09 |

Post removed.Why?

henry888

2,247 posts

Posted by henry888 > 2019-03-23 05:08 | Report Abuse

"Daim: Govt to finalise ECRL project in early April with savings of RM10 bil".
Commenting on the status of the discussion, Daim said Malaysia had received an invitation from the Chinese government to finalise the project on April 2.

henry888

2,247 posts

Posted by henry888 > 2019-03-23 05:12 | Report Abuse

ECRL together with Felda white paper if proceeded smoothly will be a very good catalyst for FGV share price to trend higher. My 6 cents' opinion only.

freddiehero

16,721 posts

Posted by freddiehero > 2019-03-23 06:18 | Report Abuse

wan fly liao

gutt

169 posts

Posted by gutt > 2019-03-23 10:14 | Report Abuse

@Tongkarat tak ada kompang, tak ada suara, tak kuat sawit naik harga. sudah lembek already....
or aanna china dong dong dong chiang......?

gutt

169 posts

Posted by gutt > 2019-03-23 10:17 | Report Abuse

Itu kwap. 19.03 jual 8juta unit. 20.03 beli balik 1.9juta, sudah reduce holding from7% to 5.x.% apa dia mao main o

DickyMe

14,755 posts

Posted by DickyMe > 2019-03-23 11:00 |

Post removed.Why?

mkmike

220 posts

Posted by mkmike > 2019-03-23 11:14 | Report Abuse

Just to add on to heny888's comment and to connect the dots between ECRL and FGV. Here's FGV's white paper - http://www.fgvholdings.com/fgv-eyes-opportunities-in-ecrl-project/

Daily8

3,858 posts

Posted by Daily8 > 2019-03-23 15:58 | Report Abuse

If FGV can transformed into logistics and developments like Gamuda, don't think the price of FGV will be cheap anymore.

DickyMe

14,755 posts

Posted by DickyMe > 2019-03-24 11:11 |

Post removed.Why?

Daily8

3,858 posts

Posted by Daily8 > 2019-03-24 19:02 | Report Abuse

Thu, 21 Mar 2019 2172
Wed, 20 Mar 2019 2164 increase
Tue, 19 Mar 2019 2131
Mon, 18 Mar 2019 2105


Dickyface, get ur facts right

Posted by goldminerich > 2019-03-24 20:12 | Report Abuse

Monday.. The sawit will fly...

PH_better

602 posts

Posted by PH_better > 2019-03-24 22:06 | Report Abuse

Gov't mulls buying Chinese jets if EU sticks with palm oil ban
https://www.malaysiakini.com/news/469345

enid888

581 posts

Posted by enid888 > 2019-03-24 23:09 | Report Abuse

If ECRL gets green light and Malaysia buys Chinese fighter jets, China will buy a huge quantity of palm oil in return.

DickyMe

14,755 posts

Posted by DickyMe > 2019-03-25 09:27 |

Post removed.Why?

Posted by racheal817 > 2019-03-25 11:11 | Report Abuse

nothing to worry, fly soon.

mkmike

220 posts

Posted by mkmike > 2019-03-25 11:39 | Report Abuse

Someone is accumulating it seems.

DickyMe

14,755 posts

Posted by DickyMe > 2019-03-25 14:55 |

Post removed.Why?

zeroxweng

129 posts

Posted by zeroxweng > 2019-03-25 17:36 | Report Abuse

privatization and delisting soon

spectre007

1,408 posts

Posted by spectre007 > 2019-03-25 19:14 | Report Abuse

Wheres the news

Banditos

698 posts

Posted by Banditos > 2019-03-25 20:00 | Report Abuse

up their arse. dats why cannot find

henry888

2,247 posts

Posted by henry888 > 2019-03-25 21:27 | Report Abuse

Master Goreng always like to rock and roll before flying.

spectre007

1,408 posts

Posted by spectre007 > 2019-03-26 01:28 | Report Abuse

If privatised at IPO price.. That will be a windfall

Daily8

3,858 posts

Posted by Daily8 > 2019-03-26 10:44 | Report Abuse

IPO at windfall possible

Daily8

3,858 posts

Posted by Daily8 > 2019-03-26 10:44 | Report Abuse

Ducky face still here.

Ah Beh

4 posts

Posted by Ah Beh > 2019-03-26 11:15 | Report Abuse

y windfall?

Daily8

3,858 posts

Posted by Daily8 > 2019-03-26 11:27 | Report Abuse

Ah beh, go and see MAA then u will understand.

1711

110 posts

Posted by 1711 > 2019-03-26 12:10 | Report Abuse

irresponsible ppl comment without providing source...

Ring

6,522 posts

Posted by Ring > 2019-03-26 14:16 | Report Abuse

1. Fgv land belong to felda under LLA

2. If privatised felda have to pay billions to fgv for taking back the land n felda got no money. Those felda settlers share holders owning fgv shares have been settled by felda investmebt cooperative

3.If at all privatised I see about 1.50 u can keep increasing the price n felda have to pay for it n in this case both fgv n felda dont have money

4.Fgv yield only 17mt n to stay in buisness must 23 mt hence fgv is worst then 1MDB

henry888

2,247 posts

Posted by henry888 > 2019-03-26 14:50 | Report Abuse

@Ring."2. If privatised felda have to pay billions to fgv for taking back the land n felda got no money. Those felda settlers share holders owning fgv shares have been settled by felda investmebt cooperative ". I don't know how this works. To my understanding, if privatize, Felda only needs to offer a share price for all fgv shareholders and if with no objection will take over the whole entity of FGV. Then, why Felda need to buy back land from FGV ?

Ring

6,522 posts

Posted by Ring > 2019-03-26 15:13 | Report Abuse

Felda land was leased to fgv for 99 years under the LLA n conditions attached to it........

If for any reason felda takes back the land before completing the 99 years then felda have to pay d penalty may run into billions which i read in the edge a couple of years ago....

Privatisation price have to be fixed by fgv n do they have the cash

Fgv cannot survive with 17 mt yield so lets wait for white paper by Azmin

henry888

2,247 posts

Posted by henry888 > 2019-03-26 15:18 | Report Abuse

But i still think that Felda just need to offer a price for taking over as FGV is an entity owned by all shareholders. As long all fgv shareholders agreed, why care about the LLA

Ring

6,522 posts

Posted by Ring > 2019-03-26 15:25 | Report Abuse

1.You must read what is stated in the LLA which is kegally binding. Before fgv start the buisness n go into listing LLA is very important, what if suddenly felda ask for the land so all are legally coverred.

2.Privatisation price have to be decided by fgv n fgv got their own land n mills

3. Very complex n to be sure of what u write, do u read all the media news

henry888

2,247 posts

Posted by henry888 > 2019-03-26 15:28 | Report Abuse

Privatisation price is decided by fgv shareholders and not fgv. fgv is just an entity.

Ring

6,522 posts

Posted by Ring > 2019-03-26 15:32 | Report Abuse

state governments under the Land Settlement Act 1960, of which 479,765ha went to smallholders. The remaining 355,000ha of oil palm estates were managed by its former subsidiary Felda Holdings Bhd (FHB), and injected into FGV on a 99-year lease when the latter went public in 2012.

FGV was supposed to be the jewel in Felda’s crown when it was listed on Bursa in what was then trumpeted as the world’s second largest initial public offering (IPO) after social media giant Facebook.

Since Felda listed FGV in 2012, its shares have fallen about 62% from the IPO price of RM4.55. Its 2012 listing raised RM10.5 bil.

FGV has a land-lease agreement (LLA) with its parent company which it signed in 2012. It states that FGV has to pay Felda RM248 mil annually for 20 years, plus a 15% share of operating profit from the sales of fresh fruit bunches gained from the land leased from Felda.

FGV has reportedly tried to improve the terms of the LLA, which has been a drag on earnings since it was listed in 2012. However, the terms and conditions of the agreement remain till now. FGV pays the LLA fees on a quarterly basis.

Ring

6,522 posts

Posted by Ring > 2019-03-26 15:36 | Report Abuse

Ok let anybody decide....... Do they have the money to pay

henry888

2,247 posts

Posted by henry888 > 2019-03-26 15:39 | Report Abuse

whatever it is the deal is between Felda and FGV shareholders, Felda just needs to offer a price. LLA is only applicable when not under privatization as when Felda take over, Felda will take over all assets and liabilities of FGV.

henry888

2,247 posts

Posted by henry888 > 2019-03-26 15:43 | Report Abuse

Whether they can pay is different issue. Why we have to crack our head to think. Talking so is no use just wait and see.

Ring

6,522 posts

Posted by Ring > 2019-03-26 15:45 | Report Abuse

Fgv owns more then 51% shares n is listed Co n so fgv decides as govened by Bursa rules.

As for LLA we must read d agreement first to comment

henry888

2,247 posts

Posted by henry888 > 2019-03-26 15:52 | Report Abuse

let's wait and see final outcome in times to come.

DickyMe

14,755 posts

Posted by DickyMe > 2019-03-26 16:09 |

Post removed.Why?

mywan10

84 posts

Posted by mywan10 > 2019-03-26 16:18 | Report Abuse

dah layu...

Ring

6,522 posts

Posted by Ring > 2019-03-26 16:45 | Report Abuse

Delisting means u get nothing n forever share holder

spectre007

1,408 posts

Posted by spectre007 > 2019-03-26 16:56 | Report Abuse

Jangan bla bla bla if one day limit up on news of privatisation (which also means delisting).. There will sure be an offer price

mywan10

84 posts

Posted by mywan10 > 2019-03-26 17:07 | Report Abuse

felda dah mcm tak wujud kerana kerajaan yg ada ni pun asyik sabotage diri sendiri.. yg kata buat "white paper" tetiba bom prk ch dengan pembatalan ecrl..

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