Anything government do will think of Felda Settlers first (priority). They are bulk of seat voters to a certain extent will determine fate of PH in GE15
Palm oil price weak is temporary, monocropping of soybean may lead to more disease problem in future, some more re-planting annually, which is not sustainable and greatly depending on weather
Palm oil once planted can last for 25 years, and oil yield is 10x soybean production for the same hectarage. World population increase, therefore only palm oil is sustainable in future need
More agrochemicals are required for soybean, which is bad for health, soon or later more and more educated people will make their wise choice. Political influence may not last long
I have MAS shares too. However the offered @25 cents is much higher than the market price. Hence FGV shares prices will definitely not be like the MAS price. That MAS exercises was actually profitable for me.
You sold already, that is why you pour all the negative remarks. To me, share to a certain extent is a gamble also, you never know there are a lot of factors influencing the share price and lla is just one of the factors. The most is political in consideration of the livelihood of the citizens which make up bulk of the seats voters and this will affect the decision of the Government and thus the share price. I cannot said that i am right but purely my 6 cents opinion only.
1.What many dont undersrand billions needed to privatise
2. Fgv not able to meet the LLA terms with felda hence felda went into 8 billion debts n now fgv loss more then a billion. To save felda they have to take back their land
@Ring. don't cracks your head on the fate of FGV share price. Let it be and see as times goes by. Furthermore, you are not holding the share why should you worry. Prudent investors here would have their own assessment .
Henry888.......I am just a free lance writer substantiated with facts, are u telling me not to write the facts!!!!!
I was working with oil palm estates for more then 40 yrs n fgv with a yield of 17 mt just a bankrupt Co......as u say i stop writing here... as i am welcome elsewhere, good luck
@Ring. I agree with you. FGV's 17MT/ha yield is very low. MKH is able to achieve 30MT/ha in its Kalimantan plantation. Ring, can you let us know your views on the LLA terms?
FGV constitute substantial voters which may determine the fate of Pakatan in next election. No matter how, government may not neglecting well being or plan to fasten recovery of FGV
Either future plan to privatise or with recovery plan, the price should go up. I believe Dr.M able to fix the problem. Almost to achieve attractive price before next election
The LLA terms should not be a restriction/minus factor to FGV shareholders instead a plus factor for bargaining a higher price in the event of privatization. My 6 cents opinion.
mahathr style..ala barter trade, both nation must benefit from each other,..in exchange of our local product, palm oil..not like jibby style, only benefit his wife ..huhu.
The Malaysian government is considering using more than RM3 billion in funds to save another troubled official association, the Federal Land Development Agency (FELDA).
Singapore’s Straits Times quoted an unnamed insider as saying that more than RM3 billion in funds will be used to ease the pressure on FELDA’s cash flow, of which about RM1 billion will be directly injected into the agency to ease the company’s face this year and next. The problem of a shortage of RM2.8 billion in cash flow. "The government will also repay the RM2 billion in arrears owed to FELDA on behalf of the colony and allocate RM250 million to restart the suspended property projects, which are provided for the colonial next generation." The anonymous official added that many No colonial interest can be paid.
FELDA is currently trying to restructure the RM1.8 billion loan due this year, of which RM500 million will expire in May and a total of RM10 billion in loans due after 2020. At the same time, the government may provide more loans and guarantees for FELDA. As of the end of 2017, FELDA had accumulated a total loss of RM10 billion and a loan of RM12 billion.
According to the Straits Times, the FELDA White Paper (FWP) will be presented at the last meeting of Congress next month to showcase the government's plan to bring FELDA back to life. Among the plans are the sale of a number of assets that FELDA purchased at a premium during the period of Mohad Isha, such as hotels in Malaysia and London.
The new general manager of FELDA said in February that the sale of overseas hotels could raise up to RM2 billion. However, a person familiar with the matter said that the government may suspend the sale of FELDA's $550 million (about RM2,050.8 million) acquisition of a 37% stake in Indonesia's Eagle High Plant (EHP) to allow FELDA to The EHP holder, the Rajawali Group, resolved the dispute between the two parties and retrieved the funds originally invested. At present, the equity value of EHP held by FELDA is only 1/4 of the original purchase price.
In addition, the Malaysian government intends to introduce a new model of parks and rents, so that the colonization can obtain stable rental income and planting profit sharing, rather than relying solely on harvest to generate income. At the same time, this will allow the 垦 垦 to liberate from the farming of the garden and look for new jobs.
In addition, FELDA will hire a cooperative to manage the park, meaning that the colony will receive dividends. In addition, the agency will also try to solve the problem of leasing its 355,000 hectares of garden land to FGV Holdings (FGV, 5222, main board planting stocks) when it is listed. Due to high production costs, FGV's profit distribution to FELDA under the profit sharing model is only equal to the previous average annual income, which is 1/4 of RM1.6 billion.
FGV Holdings rose 4 sen or 3.51% today to close at RM 1.18, with a turnover of 13.4 million shares.
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....
henry888
2,247 posts
Posted by henry888 > 2019-03-26 17:16 | Report Abuse
Anything government do will think of Felda Settlers first (priority). They are bulk of seat voters to a certain extent will determine fate of PH in GE15