FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.08

Today's Change

0.00 (0.00%)

Day's Change

1.07 - 1.09

Trading Volume

370,500


35 people like this.

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

Posted by Terence Chee > 2019-04-10 15:18 | Report Abuse

Kwap selling?

kuaTAKtahu

1,480 posts

Posted by kuaTAKtahu > 2019-04-10 15:24 | Report Abuse

For a start, a total of 3,000 settlers in the Segamat region have received settler loan statements in this new format before being implemented in other Feldas

5354_

4,766 posts

Posted by 5354_ > 2019-04-10 15:36 | Report Abuse

RM 250 million to Felda yearly got mention FGV no need to pay since govn help RM 6.23 billion?

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-04-10 15:40 | Report Abuse

Mambang Sawit ronda ronda kebun sawit....

spectre007

1,408 posts

Posted by spectre007 > 2019-04-10 15:55 | Report Abuse

Tongkarat... Apa macam.. Seems like a lot are throwing at 1.31

Hafid

1,135 posts

Posted by Hafid > 2019-04-10 16:00 | Report Abuse

JADI TAK ADA HARAPAN

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-04-10 16:01 | Report Abuse

@spectre007.... I believe there is more room to go... Look at the volume....

mywan10

84 posts

Posted by mywan10 > 2019-04-10 16:01 | Report Abuse

gas dah hbs ke?

henry888

2,247 posts

Posted by henry888 > 2019-04-10 16:01 | Report Abuse

kwap collected and passed to somebody - pre-agreed....?????

spectre007

1,408 posts

Posted by spectre007 > 2019-04-10 16:01 | Report Abuse

Volume memang banyak... Think a lot of ppl taking profit. Otherwise 1.40

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-04-10 16:03 | Report Abuse

Harapan tetap ada.... mana boleh takda...

henry888

2,247 posts

Posted by henry888 > 2019-04-10 16:07 | Report Abuse

FGV cannot be like IWC meh. If not kwap involved, by other master goreng price already sky high like IWC

Posted by mohdabdhalim > 2019-04-10 16:22 | Report Abuse

* Felda Group's financial position worsened after the listing of Felda Gobal Ventures Holdings Bhd (FGV) now renamed as FGV Holdings Bhd in June 2012. The shares were listed at an issue price of RM4.55.

* A total of RM10.5bil was raised from the listing of which Felda received RM6bil while FGV received the remaining RM4.5bil.

* In 2012, Felda posted net profit of RM5.8bil due to other income of RM4.7bil. Since then, it recorded net losses of RM2bil (2013), -RM1bil in 2014 and -RM1.1bil in 2015 and -RM700mil in 2016 and this worsened to -RM4.9bil in 2017.

* As at Dec 31, 2017, Felda's liabilities totalled RM14.4bil where RM12.1bil was owed to financial institutions.

* Between 2007 and 2011, Felda was in a net cash position at between RM1.8bil and RM3.9bil but this fell to only RM400mil in 2017.

* Felda's revenue was at RM5.9bil in 2010 while its average income was RM3.1bil due to the strong crude palm oil prices which rose to RM3,283 per tonne in 2011.

* In 2012, Felda's revenue fell to RM100mil though in 2013, it was RM200mil while in 2014 and 2015, it was RM400mil in 2014 and 2015. In 2016 and 2017, its revenue was RM700mil.

* The decline in the revenue was because FGV was unable to make contribution as much as RM800mil a year as it had anticipated before the IPO and also because CPO prices fell below RM3,000 per tonne since 2012 until now.

* In 2017, it posted net losses of RM4.9bil though CPO prices were RM2,790 per tonne compared the net profit of RM1.1bil in 2008 when CPO was at RM2,850 per tonne.

* The lend lease agreement did not provide the returns as projected when FGV was listed, instead it had a negative impact on Felda's financial position.

* The net losses of RM4.9bil in 2017 were due to the deterioration in the income from plantation operations due to the negative impact from the LLA and also purchase of assets and investments in non-strategic assets like the purchase of assets which were above market price and poor governance.

* Felda's biggest expenses from 2007 to 2017 were for the financing to the settlers and contributions to the state government totalling RM13.1bil and also staff costs of RM2.7bil.

* Felda's financial position was also impacted by the special payment of RM1.7bil to the settlers in 2012.

Hafid

1,135 posts

Posted by Hafid > 2019-04-10 16:39 | Report Abuse

low cpo price and replanting just started where the cost of replanting will eat up a lot

nottycat

109 posts

Posted by nottycat > 2019-04-10 16:56 | Report Abuse

Cabinet mayb think 6.2bil tak cukup....up to 8bil...kopang koping kopang kopang giving gibing..

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-04-10 17:12 | Report Abuse

Good closing price and good volume as well...

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-04-10 17:13 | Report Abuse

Slow and steady....

Posted by Felda_settlers > 2019-04-10 17:13 | Report Abuse

Rantau we vote BN. PH very disappointing. CPO, FGV and BRIM also drop compare to 509 the day we voted BN out.

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-04-10 17:14 | Report Abuse

Let the market digest the White Paper....

joan123

88 posts

Posted by joan123 > 2019-04-10 17:15 | Report Abuse

@Tongkarat, since the good news of white paper already factor in to the today price, should we sell tomorrow, offer your opinion. Tq

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-04-10 17:26 | Report Abuse

@joan123.... I leave it to everyone choice...if you want to take profit then you could rightfully do so... For me.... I would hang on since the price has pierced through 1.25 which stood as the resistance level and stood above it convincingly....

I would monitor the progress and see whether it has the stamina to propel forward and challenge the 1.38 previous high hit on the previous round.... Furthermore the operational report produced recently shown remarkable improvement.... really positive feedback by the management team....

joan123

88 posts

Posted by joan123 > 2019-04-10 17:30 | Report Abuse

@Tongkarat, thanks for sharing

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-04-10 17:34 | Report Abuse

With the operational report and the White Paper... one could fairly judge oneself on the sustainability of kebun sawit....

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-04-10 17:34 | Report Abuse

You are welcome joan123....

Daily8

3,858 posts

Posted by Daily8 > 2019-04-10 17:43 | Report Abuse

Tue, 09 Apr 2019 2212
Mon, 08 Apr 2019 2200
Fri, 05 Apr 2019 2224
Thu, 04 Apr 2019 2204
Wed, 03 Apr 2019 2175
Tue, 02 Apr 2019 2153
Mon, 01 Apr 2019 2113
Fri, 29 Mar 2019 2106


Move on. What took place on FGV needed a closure thru White paper. Politician like Azmin Ali needed FGV drama saga to improve his position in the political arena.

What took place on the financial statements of FGV have already discounted on last year. All the impairment has been implemented.

"Azhar: If CPO price touched 2500, 1 bil profit ensured."

REMEMBER THIS QUOTE FROM AZHAR. HE WILL NOT FUK U UP. HE DIDN'T SELL HIS SHARES.

Daily8

3,858 posts

Posted by Daily8 > 2019-04-10 17:48 | Report Abuse

FO1 menjadi pengerusi 39 anak syarikat. siapa dalang disebalik F01 menjawat ni?

Daily8

3,858 posts

Posted by Daily8 > 2019-04-10 17:51 | Report Abuse

fgv will survive through this and gomen will maintain FGV. Forsee RM2

DickyMe

14,755 posts

Posted by DickyMe > 2019-04-10 17:51 |

Post removed.Why?

Dawneagle

332 posts

Posted by Dawneagle > 2019-04-10 17:54 | Report Abuse

Felda Settlers!syabas. Pergi undi kerajaan yang mencuri tanah orang melayu miskin(felda) dan kemudian mengunakan tanah yang dicuri sebagai umpan (FGV) untuk curi duit cina, india, dan sekali lagi duit melayu melalui listing kat bursa.....orang-orang yang masih menyokong kerajaan lepas mesti kroni yang selama ini menikmati duit haram 1mdb,duit curi lembu, duit yang dilesapkan dari tabung haji....mungkin ada salah serong dari mereka.

Daily8

3,858 posts

Posted by Daily8 > 2019-04-10 17:55 | Report Abuse

The government has agreed to provide government guarantee to allow Felda to restructure its loans with financial institution," said Mohamed Azmin when he tabled the White Paper.-The Edge 10/4/19


Masa depan Peneroka perlu dijamin. -The Edge (Azmin Ali)


Looks like White paper tabled today promote positiveness and confident to improve the debts and loan structures with the financial institutions thru GOVERNMENT GUARANTEED.

So tell me folks, when government gives the green light, BUY!!!

Daily8

3,858 posts

Posted by Daily8 > 2019-04-10 18:00 | Report Abuse

Orang Melayu kena bangun dari tidur selama ni. Beli insuran takut haram, duit semua masuk tabung haji ingatkan bersih sebab takaful, padahal duit dilesapkan dan digunakan untuk mengemukkan menteri-menteri, kroni-kroni, anak-anak dibawah pemimpinan DSAI. bangunlah wahai semua Melayu.

Kaum lain semua dah makin diberkati Tuhan.... sebab apa? Sebab tak curi. Sebab sering menanggung belasah dan dianiaya oleh orang tertentu ni.

Daily8

3,858 posts

Posted by Daily8 > 2019-04-10 18:03 | Report Abuse

https://www.theedgemarkets.com/article/azmin-ali-more-police-reports-be-lodged-felda


WHITE PAPER TABLE INTENTION 10 APR 2019: TO BRING NAJIB RAZAK CLOSER TO SG BULOH.

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-04-10 18:07 | Report Abuse

For the time being.... mostly positive vibes for sawit....

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-04-10 18:23 | Report Abuse

The technical indicators and charts remain positive for today....

kuaTAKtahu

1,480 posts

Posted by kuaTAKtahu > 2019-04-10 18:59 | Report Abuse

In 2014, Rajawali's net capital asset was only US$7.2 million. How can Rajawali buy back the EHP stake at US$505.4 million

https://www.theedgemarkets.com/article/rajawali-blocking-felda-exercising-put-option-ehp-deal-%E2%80%94-azmin-ali

kuaTAKtahu

1,480 posts

Posted by kuaTAKtahu > 2019-04-10 19:00 | Report Abuse

https://www.theedgemarkets.com/article/azmin-ali-claims-almost-rm3b-used-buy-support-ge14

About RM2.7 billion of the RM10.5 billion generated from the listing of FGV Holdings Bhd was misused to secure political support ahead of the 14th general election

kuaTAKtahu

1,480 posts

Posted by kuaTAKtahu > 2019-04-10 19:02 | Report Abuse

PAKATAN HARAPAN MESTI TANGKAP NAJIB DAN SITAKAN KESEMUA HARTA KELUARGA NAJIB serta merta !

robert168

558 posts

Posted by robert168 > 2019-04-10 19:02 | Report Abuse

see you at 80 sen

robert168

558 posts

Posted by robert168 > 2019-04-10 19:02 | Report Abuse

only noob will keep

kuaTAKtahu

1,480 posts

Posted by kuaTAKtahu > 2019-04-10 19:03 | Report Abuse

80sen?

nottycat

109 posts

Posted by nottycat > 2019-04-10 19:10 | Report Abuse

Robertchai is saying c73 go 80sen.....kopang kopang kopang gibing gibong gibing gibing...

DickyMe

14,755 posts

Posted by DickyMe > 2019-04-10 20:38 | Report Abuse

As long as FELDA is managed by BUMIs, it cannot prosper. Don't have fat hopes. Govt uses public money to rescue these parasitic companies. Tax money goes down the drain again.

signalmw

3,314 posts

Posted by signalmw > 2019-04-10 20:45 | Report Abuse

Diu

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-04-10 21:00 | Report Abuse

No transaction by KWAP yesterday....

NESARAJAH1

398 posts

Posted by NESARAJAH1 > 2019-04-10 21:46 | Report Abuse

Tongkarat your advice always professional. Thks. Tomoro I top up another 10k units for long term. Last round I quit when u quit. Thk god. Made quite good profit. Now things are transparent

Ron90

4,094 posts

Posted by Ron90 > 2019-04-10 22:32 | Report Abuse

today's volume might continue to break resistance at 1.30 tomorrow

limkokthye

6,039 posts

Posted by limkokthye > 2019-04-10 22:51 | Report Abuse

faster all in fgv

kuaTAKtahu

1,480 posts

Posted by kuaTAKtahu > 2019-04-10 23:24 | Report Abuse

Tomorrow challenge 1.38 -1.40 range .

spectre007

1,408 posts

Posted by spectre007 > 2019-04-10 23:30 | Report Abuse

Agreed... Strong buy signal still very much ON

Post a Comment
Market Buzz