Posted by 129055444514385 > 2019-05-30 10:31 | Report Abuse

Q2, 2019 should be much better with rising palm oil price :)

Wednesday, 29 May 2019

1:13PM FGV 1Q net profit 9.178 million (increased 12.13%)

Posted by 129055444514385 > 2019-05-30 10:33 | Report Abuse

the worst is over for fgv... cuma untung berapa jer kini seperti jangkaan penganalisa

Posted by 129055444514385 > 2019-05-30 10:34 | Report Abuse

dulu sebelum Q1, 2019 pun boleh sampai 1.3+, kini dah tau pasti untung, tentu tak akan kembali ke RM1 :)

Posted by 129055444514385 > 2019-05-30 10:35 | Report Abuse

net assets per share mainly tanah.... RM1.22. agak selamat

Posted by 129055444514385 > 2019-05-30 10:38 | Report Abuse

target berubah ubah... set sendiri lebih baik :)

KAF Seagroatt & Campbell upgrades FGV to buy; price target RM1.50 ...
https://www.theedgemarkets.com/.../kaf-seagroatt-campbell-upgrades-fgv-buy-price-t...
Mar 6, 2019 - KAF Seagroatt & Campbell analyst Thomas Soon upgraded the recommendation on FGV Holdings Bhd to buy from hold. Price target (PT) ...

Posted by 129055444514385 > 2019-05-30 10:39 | Report Abuse

target price berubah-ubah , takda kepastian :) kamu pakailah target price anda punya haha

FGV Share Price: FGV HOLDINGS BERHAD (5222) - MalaysiaStock.Biz
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5222
FGV share price, FGV intra day share price movement, FGV 3 months share price ... price movement, FGV 5222, FGV HOLDINGS BERHAD (5222), FGV quarter report, ... Maintain Add with a higher TP of RM2.76, as we roll over target price to ...
CIMB Research raises target price for FGV to RM1.10 | The Edge ...
https://www.theedgemarkets.com/article/cimb-research-raises-target-price-fgv-rm110
Mar 1, 2019 - KUALA LUMPUR (March 1): CIMB IB Research has maintained its “Hold” rating on FGV Holdings Bhd at RM1.12 with a higher target price of ...
FGV raised to trading buy at RHB Research; price target RM1.20 | The ...
https://www.theedgemarkets.com/.../fgv-raised-trading-buy-rhb-research-price-target-...
Jan 31, 2019 - RHB analyst Hoe Lee Leng upgraded the recommendation on FGV Holdings Bhd to trading buy from neutral.
KAF Seagroatt & Campbell upgrades FGV to buy; price target RM1.50 ...
https://www.theedgemarkets.com/.../kaf-seagroatt-campbell-upgrades-fgv-buy-price-t...
Mar 6, 2019 - KAF Seagroatt & Campbell analyst Thomas Soon upgraded the recommendation on FGV Holdings Bhd to buy from hold. Price target (PT) ...
Affin Hwang Research raises FGV 12 month target price to RM2.26 ...
https://www.thestar.com.my/.../affin-hwang-research-raises-fgv-12-month-target-price...
Feb 26, 2018 - KUALA LUMPUR: Affin Hwang Capital Research has raised its target price for Felda Global Ventures Holdings Bhd (FGV) from RM2.09 to ...
Affin Hwang mantains buy on FGV - Business News | The Star Online
https://www.thestar.com.my/business/business.../affin-hwang-mantains-buy-on-fgv/
Apr 18, 2018 - The research house maintained its buy call on FGV and target price of RM2.26 based on an unchanged 25x price-earnings on its 2018E core ...
Analyst upgrades FGV stock to 'buy' | The Malaysian Insight
https://www.themalaysianinsight.com/s/146847
Apr 10, 2019 - AllianceDBS Research today upgraded FGV Holdings Bhd's stock to a “buy”, with a new revised discounted cash flow-derived target price of ...

Posted by 129055444514385 > 2019-05-30 10:40 | Report Abuse

tahun lepas, fgv tak bagi dividen dibawah rejim umno bn,,,, saya rasa ph akan berusaha dengan sedaya upaya untuk fgv bagi dividen tahun ini... aku percaya... kamu? haha

Posted by 129055444514385 > 2019-05-30 10:43 | Report Abuse

kini, pegang saham fgv pun boleh tidur dengan baik... syarikat yang pasti untung cuma tak tau berapa je, bukan?

Posted by 129055444514385 > 2019-05-30 10:45 | Report Abuse

a lot of major disposal of assets by fgv this year... whenever it is confirmed, share price jump with reducing gearing, more + cash flow blah blah to be written by analysts haha

Posted by 129055444514385 > 2019-05-30 10:47 | Report Abuse

dulu sebelum white paper on fgv keluar, harga lebih kurang rm1, kini dah pasti untung, bayar 10sen + lagi, berbaloi

Posted by GunsNRoses > 2019-05-30 10:47 | Report Abuse

help give duit raya to felda settlers lah, baru image ada naikk

apa inii human skill management serupa kicap, sudah ready low output for next QR?

orang kampung sudah mahu mogokk

Posted by DickyMe > 2019-05-30 10:49 | Report Abuse

Cari duit raya sendiri, jangan mengemis.

Posted by nttcom > 2019-05-30 10:57 | Report Abuse

Now beli after raya naik.

Posted by 129055444514385 > 2019-05-30 10:58 | Report Abuse

Ok, bagus Haris... saya sudah beli... kasi harga saham fgv naik tinggi2 tahun ini. haha

FGV’s Transformation Plan Bears Fruit in 1Q2019
KUALA LUMPUR, 29 MAY 2019 – FGV Holdings Berhad (FGV) recorded a profit before interest
and tax (PBIT) of RM78 million for the first quarter of the financial year ending December 2019,
a 19% decline from the RM96 million registered in the previous corresponding quarter. Revenue
for the period declined to RM3.3 billion, 9% lower than RM3.6 billion earned in the previous
corresponding quarter, largely due to a sharp decline in crude palm oil (CPO) prices, and lower
average selling price in the sugar sector.

For the period under review, CPO prices averaged RM 1,986 per metric tonne (MT), which was
20% lower than the average CPO price realised of RM 2,472 MT for 1Q2018. Despite the sharp
drop in prices, revenue did not decline in tandem, mainly because of improved operational
performance and lower costs.

“The plantation operations have been focused on tightening procurement processes involving
capital and operating expenditures and implementing new tasking systems and processes for
infield workers. These efforts are starting to bear fruit,” Dato’ Haris Fadzilah Hassan, FGV’s Group
Chief Executive Officer said. “Additionally, several other estate and milling transformation
initiatives have started delivering results,” he added.

For the quarter in review, the Plantation Sector recorded a profit before zakat and tax (PBZT) of
RM40 million, up from RM19 million in the previous corresponding quarter. This was achieved
on the back of a 6% increase in fresh fruit bunch (FFB) production to 1.05 million MT, from
991,000 MT in 1Q2018. FFB yield increased to 4.38 MT/ha, 11% up on the previous corresponding
period’s 3.96 MT/ha. CPO oil extraction rate (OER) showed improvement to 20.76% from 19.75%,
and thus, total CPO production increased 14% to 762,000 MT, compared to 670,000 MT
previously. Improved production volumes combined with enhanced operational effectiveness
and efficiencies, resulted in lower ex-mill costs in 1Q2019 of RM 1,378 per tonne, 20% lower than
RM 1,728 in 1Q2018. Additionally, the sector’s improved performance is also attributable to a
net reversal of impairments of receivables amounting to RM48 million.

The Group’s downstream business also performed better for the period under review. The
Downstream Sector exceeded internal sales targets, primarily due to the implementation of the
B10 biodiesel mandate which came into effect in February 2019. Meanwhile, the palm kernel
processing business recorded a higher margin.

“We are strategically reviewing our downstream businesses and believe that they will continue
to grow and contribute positively to FGV’s performance,” Haris said.

The Sugar Sector recorded a loss of RM3 million for the quarter in review, compared to a profit
of RM22 million in the previous corresponding quarter. This was primarily due to an 11% and 15%
decrease in the average selling price for MSM Malaysia Holdings Berhad’s domestic and industry
sectors. The performance was also impacted by a higher refining cost of RM 362 per MT, an
increase of 12% against 1Q2018.

The Logistics and Support Businesses Sector (LSB) recorded a loss of RM17 million, a sharp decline
from a profit of RM24 million in the previous corresponding quarter. This was due to provisions
for the Mutual Separation Scheme (MSS) and impairments on overdue balances in line with MFRS
9 requirements. Without the exceptional items, the LSB sector would have recorded a profit of
RM24 million which is at par with the profit of the corresponding year.

Several structural changes and improvements have been made to centralise procurement
functions, and 50% from targeted cost savings of RM150 million have been identified through
cost-control and rationalisation exercises. FGV has also introduced and formalised its Special
Voluntary Disclosure Initiative, Supplier Code of Conduct and Supplier Delinquency Guidelines
for more effective, efficient and transparent procurement processes.

“This financial year has started with clear signs that FGV is on track to turnaround its operations.
While we continue to monitor all our initiatives, FGV is also exploring strategic initiatives to
reduce the dependence on palm oil and the impact of CPO prices. I am confident that we will be
able to achieve the targets set for FY2019,” Haris added.

Posted by Jiahui Foo > 2019-05-30 11:01 | Report Abuse

Govt tak kasi, Felda bagi lah, pinjam bank, kerajaan guarantor.........susah sangat keh?

Posted by Jiahui Foo > 2019-05-30 11:02 | Report Abuse

9M untung kasi peneroka dulu .....

Posted by Good123 > 2019-05-30 11:03 | Report Abuse

haris, saya tak tamak, ipo price rm4 , harga kembali ke rm2 pun aku dah bersyukur hahaha

Posted by Good123 > 2019-05-30 11:11 | Report Abuse

my target price is rm1.40 after Q2, 2019 report. 1.05 1.75 / 2.



Analysts raised their consensus one-year target price for the stock by 17 percent in the past six months. Forecasts range from RM1.05 to RM1.75.

Posted by Good123 > 2019-05-30 11:12 | Report Abuse

haris and gang tolong buck up :)

Posted by Good123 > 2019-05-30 11:14 | Report Abuse

much higher profit for fgv in the coming quarter q2... gula MSM and its logistics segment will show profit instead of loss. :)

Posted by Good123 > 2019-05-30 11:17 | Report Abuse

u can predict a price between rm1.05 and rm1.75 yourself, your personal judgment, takda salah atau betul.

* 分析员们在过去6个月将该股的一年目标价调升17%，预测区间介于1.05令吉至1.75令吉。

Posted by Jiahui Foo > 2019-05-30 11:18 | Report Abuse

Fgv sekarang budak baik, mula berdikari, kalau privatized at 5 tak hairan pun! Felda angkat balik, semua happy, untung semua,habis cerita! Ok? :-)

Posted by 129055444514385 > 2019-05-30 11:24 | Report Abuse

dulu murah pun saya tak berani invest dalam fgv... kini berbeza... KWAP mula beli balik saham fgv.. white paper dah keluar... fgv pasti untung , dll.... boleh laburlah ... tau ia tak akan tutup kedai hahaha


Wednesday, 29 May 2019

1:13PM FGV 1Q net profit 9.178 million (increased 12.13%)


Monday, 13 May 2019

5:40PM FGV KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (275,000 units Acquired)



Wednesday, 8 May 2019

5:41PM FGV KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (292,100 units Acquired)


Tuesday, 30 Apr 2019

5:49PM FGV KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (130,000 units Acquired)

Posted by 129055444514385 > 2019-05-30 11:25 | Report Abuse

kalau fgv jual MSM (gula), mungkin untung besar haha

Posted by siaoliao > 2019-05-30 11:32 | Report Abuse

KENAGA TP 1.05 SELL!!!!

Posted by 129055444514385 > 2019-05-30 11:42 | Report Abuse

Positive factors are easing stockpiles in both Malaysia and Indonesia, higher exports to China given its pledge to buy 50 per cent more palm oil from Malaysia, and further clarity on new biodiesel initiatives (B30 in Indonesia and B20 in Malaysia).

Posted by 129055444514385 > 2019-05-30 11:43 | Report Abuse

believe crude palm oil (CPO) price will return to the recovery trajectory.


http://www.mpoc.org.my/Daily_Palm_Oil_Prices.aspx

PRICING DATE SETTLEMENT PRICE (RM)
Wed, 29 May 2019 2105
Tue, 28 May 2019 2066
Mon, 27 May 2019 2025
Fri, 24 May 2019 2013
Thu, 23 May 2019 2016
Tue, 21 May 2019 2057
Fri, 17 May 2019 2098
Thu, 16 May 2019 2096
Wed, 15 May 2019 2029
Tue, 14 May 2019 2014

Posted by 129055444514385 > 2019-05-30 11:44 | Report Abuse

biodiesel initiatives and palm oil offtake from the Chinese are too important factors to ignore

Posted by Undi_PAS > 2019-05-30 11:48 |

Post removed.Why?

Posted by Jiahui Foo > 2019-05-30 11:50 | Report Abuse

Waa.....1.13 cheap! Biji sawit segar.......

Posted by azta12 > 2019-05-30 11:58 | Report Abuse

collect and hold

Posted by Good123 > 2019-05-30 11:58 | Report Abuse

SINGAPORE (May 30): Palm oil may rise to RM2,148 per tonne, driven by a wave C.
This is the third wave of a presumed three-wave cycle from the May 13 low of RM1,960. It has briefly travelled above its 76.4% projection level at RM2,111. It is likely to extend to RM2,148, which is pointed by a rising trendline.
Support is at RM2,089, a break below which could cause a loss into RM2,052-2,071. On the daily chart, palm oil is poised to test a pivotal resistance at RM2,144, the 100% projection level of a downtrend from RM2,896.
A break above this resistance will not only confirm an escape of the price from a falling channel, but also significantly increase the chance of a double-bottom around RM1,967. The pattern suggests a target around RM2,750.
(Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.)

Posted by azta12 > 2019-05-30 12:06 | Report Abuse

add some

Posted by 129055444514385 > 2019-05-30 12:07 | Report Abuse

sugar biz & logistics will recover in Q2, :)

Sugar Sector
Sugar Sector registered a loss of RM2.86 million compared to RM22.01 million profit in previous financial period due to lower average selling price and higher refining costs.

LSB Sector
In line with the Group’s initiatives to focus on core business, LSB Sector recorded a loss of RM16.82 million for the financial period due to the effect of proposed closure of two entities in Support Business and also change in business model of its travel division. Due to these initiatives, the Sector recorded RM25.0 million provision for separation scheme. In addition, RM16.3 million impairment was recorded on overdue balances in line with MFRS 9 “Financial Instrument” requirement.
Without this provision, the Sector would have recorded a profit of RM24.48 million at par with the profit of RM23.82 million in previous year.

Posted by 129055444514385 > 2019-05-30 12:08 | Report Abuse

Plantation will bring major suprise in earning as the palm oil price has exceeded RM2100.

Plantation Sector
Plantation Sector posted higher profit of RM39.83 million for the financial period ended 31 March 2019 compared to RM19.46 million in previous corresponding period. This was mainly attributed to increased contribution from downstream segment as higher margin was achieved in kernel crushing and fatty acid business.
FFB production rose by 6.6% to 1.06 million mt compared to 0.99 million mt in first quarter 2018 with a yield of 4.38 mt per hectare. Whilst operations has reported higher contributions with improving sales volume by 11%, the Sector results was affected by lower CPO price realised of RM1,986 per mt compared to RM2,472 per mt in previous year. OER was reported higher at 20.76% compared to 19.75% achieved in the previous year.
Improvement in the results was also associated with the reversal of impairment of RM64 million due to settlements received from customers.

Posted by azta12 > 2019-05-30 12:10 | Report Abuse

grab

Posted by 129055444514385 > 2019-05-30 12:13 | Report Abuse

palm oil price is improving as well hahaha


http://www.mpoc.org.my/Daily_Palm_Oil_Prices.aspx

PRICING DATE SETTLEMENT PRICE (RM)
Wed, 29 May 2019 2105
Tue, 28 May 2019 2066
Mon, 27 May 2019 2025
Fri, 24 May 2019 2013
Thu, 23 May 2019 2016
Tue, 21 May 2019 2057
Fri, 17 May 2019 2098
Thu, 16 May 2019 2096
Wed, 15 May 2019 2029
Tue, 14 May 2019 2014


Prospects
The CPO price trend in 2019 will continue to be pressured by high inventory level and ample supply of oilseeds (soybean and sunflower) in the market. The exemption of palm oil export duty from May 2019 to December 2019 is expected to increase exports of Malaysian palm oil. In addition, the execution of B10 biodiesel programme for the transportation sector in December 2018 and B7 for the industrial sector in July 2019 is expected to drive palm oil demand and simultaneously reduce nation stockpile.
While the CPO price will have a major impact on the Group’s financial performance, efforts to improve the Group’s operations have shown positive outcomes by the increase in FFB production and lower CPO production cost in the first quarter of 2019 compared to the corresponding period last year. With Group’s focusing on its fundamental and transformation plan, the Board anticipates that the operational performance improvement will continue for the rest of the year.

By Order of the Board
Koo Shuang Yen Company Secretary
29 May 2019

Posted by Undi_PAS > 2019-05-30 12:23 |

Post removed.Why?

Posted by Undi_PAS > 2019-05-30 12:25 | Report Abuse

Don't say Pas not good when you never tried before how can you know?

Posted by Jiahui Foo > 2019-05-30 12:26 | Report Abuse

Next by election , will vote for BN-Pas.....

Posted by Undi_PAS > 2019-05-30 12:27 |

Post removed.Why?

Posted by Jiahui Foo > 2019-05-30 12:33 | Report Abuse

1.08 stainless castle,.......:-)

Posted by 129055444514385 > 2019-05-30 13:24 | Report Abuse

Ex-PM Najib says:

“Only thing I cannot do is set the oil palm price. No one can set the oil palm price it depends on the world market price. Any PM cannot set it, if it goes up it goes up. We cannot say is due to the PM. No PM in the word can control fuel prices,” he told the crowd of over 500 today.


Rising again :)

http://www.mpoc.org.my/Daily_Palm_Oil_Prices.aspx

PRICING DATE SETTLEMENT PRICE (RM)
Wed, 29 May 2019 2105
Tue, 28 May 2019 2066
Mon, 27 May 2019 2025
Fri, 24 May 2019 2013
Thu, 23 May 2019 2016
Tue, 21 May 2019 2057
Fri, 17 May 2019 2098
Thu, 16 May 2019 2096
Wed, 15 May 2019 2029
Tue, 14 May 2019 2014

Posted by 129055444514385 > 2019-05-30 13:25 | Report Abuse

Despite share price plunge, Najib insists FGV still has ‘prospects’
Published 3 years ago on 12 July 2015

BY KAMLES KUMAR

Posted by henry888 > 2019-05-30 13:40 | Report Abuse

@Undi PAS. undi PAS nanti beli stock pun haram? apa macam? banyak haram kah?

Posted by siaoliao > 2019-05-30 13:59 | Report Abuse

GG PAS

Posted by Jiahui Foo > 2019-05-30 14:22 | Report Abuse

If Pas rules, contra trading can't one.......nanti tangkap!

Posted by Jiahui Foo > 2019-05-30 14:51 | Report Abuse

Told u before, mambang dun like X-rated scene in kebun sawit. Behind the palm tree nvr mind lah......

Posted by Jiahui Foo > 2019-05-30 15:10 | Report Abuse

1.15 kacang puteh je.......

Posted by azta12 > 2019-05-30 16:00 | Report Abuse

add some more