I hope he can hold for another 6 months. Very hard to save a sinking ship. If you want to save it, you must be very careful and strong. Too deep the cut.
bahai4453 I can tell you that nobody is able to take over FGV even Dr.M himself. The whole story will end when FGV worthy only 25 sen and get delisted. That's what happened to MAS line last time. Just imagined MAS bought an egg costed one ringgit. How to make money with this type of management? The management showing no pride be part of the company, you think it is healthy? That time I bought MAS line below 0.25 sen and I made money. 26/06/2019 4:19 PM
Another lousy commentor who compares MAS to FGV. Reading too much of this comments from online? Use your brainlah, bahai4453.
"Imagined MAS bought an egg costed one ringgit??" Muthefuker, what is this mean?
"How to make money with this type of management??" Well, you be the Director and see how good you execute the job. Maybe you don't even qualify the Security Guard in FGV.
Talk use your brainlah.
Overall palm oil price is not lucrative enough to enlarge profits for the coming quarter. With the initial penetration to downstream line, FGV need time and patience and lots of contingency plans to work at full force.
The land lease issue with Felda still ongoing, and it's going to add more cortisol to FGV directions.
Farmers/ Settlers are adding more expenditures to FGV accounts.
"FELDA’s grouse is that its 33.67%-unit FGV has only forked out an average of RM400 million a year, in contrast to FELDA’s minimum requirement of RM800 million per annum, which is largely used to manage and ensure the wellbeing of the settlers."
Land Lease agreement (unupdated ) put a toll onto current FGV with a 248mil +15% profits from plantation yearly. Dato Azhar, this needed to be done ASAP.
LLA dated 2012 ( CPO 2800 pmt) Hello.... ( current CPO only 2000 pmt dated 26/6/19) Been a half year CPO not even corssing 2400 pmt. How much more FGV going to pump you profit FELDA???
DR M need to bring Settlers and Felda, with Sub Stakeholders, ALL SIT in for new LLA AGREEMENT. Outdated LLA is deemed unfair and obsolete.
@Daily8 why you talk about land lease and biofuel subject. all these are not the cause of FGV down fall. The trouble is due to the management and stuffs of FGV right from the top to the bottom levels. Just answer one simple question from me. How many GLC are making money ?? and why they failed? As what famous chinese saying :"it is hard to find the thief from your own family ! ". You know or not all these GLC are the laughing stuff for most of the good Malaysians citizens.
Yawn.... feed me with new news. Enough of the sympathetic management stories.
To Datuk Azhar, We will pay when you deliver your performance. Not when FGV is yet to be fully turnaround. A staggering of more than 2mil benefits you reaped from FGV doesn’t deemed justice to what has been the outcome of FGV as to today. Just like during those days, when school report card speak louder than us saying how hard we have work for studies in those days.
FGV is a company, Datuk Azhar. Gov picked you to help to clear the mess and thousands of lives and mouth to feed is in your hand. Farmers aren’t making enough to pay their living and been from hand to mouth kind of life. It’s everyday, Datuk Azhar. What are they to compare to you, with such million payout and they are crying foul ? You have a high jetting lifestyle. Have you forgotten the poor kampung life of these people ?
Datuk Zaharia resigned and what has he got to lose so far? Besides sumptuous paid cheque, leaving his FGV Dramatic saga behind, what is there for FGV, none other than a big tunnel hole that dug years by years of corrupted CEOs?
They should also work to ensure FGV’s share price recovers to at least the 2012 flotation price of RM4.55, which at the time made it the world’s second biggest initial public offering after Facebook.
"Undi_PAS Pas win GE15 only can back to IPO price RM 4.55? 27/06/2019 10:03 AM"
YES, With PAS winning the GE!5, FDI will flood into Malaysia. KLSE will be on record breaking high breaching even DJ and every other countries. The proof of the superb performance is EAST COAST states. The people of Kelantan and GaNU are affluent and does not depend on Central government to pay their civil servant. Maybe NASA will set up a base Kelantan.
That time I stayed at KB, at bank n supermarke t,there are so called Ladies n Gentlemen rolls, even from the same family, u have to be separated n pay separately. Out there, there r few big pondok rehat, oso separated one, those family members have to tok loudly to each other in order to communicate. Funny right? Luckily can sit at same car.........!!!!!!!
haha anyway DickyMe, how are you ? How is Jaya from the AA forum ? I have identified a few other counters that he is posting in but using a different ID, you could just recognise by the way certain comments are made
Because of greed for money, enjoyment and power, those guys already forget who is their God and don't feel fear and shame when praying to the God. Stealing public funds and companies' money is becoming their cultures. Once they have the stolen money of course they don't enjoy travelling to Saudi or Brunei for funs and women. They will go to Europe,Taiwan or Hong Kong or Vietnam to enjoy. I am puzzling that why Malaysia can not find any more able and honest Bumi to fill the post? I think government made a big mistake by sending our boys to religious university oversea. Sime Darby from 9.00+ at the peak until 2.00+ now. You think this is a good choice of getting him as a boss! 2 kali lima! hahaha....
"Undi_PAS Pas win GE15 only can back to IPO price RM 4.55? 27/06/2019 10:03 AM"
YES, With PAS winning the GE!5, FDI will flood into Malaysia. KLSE will be on record breaking high breaching even DJ and every other countries. The proof of the superb performance is EAST COAST states. The people of Kelantan and GaNU are affluent and does not depend on Central government to pay their civil servant. Maybe NASA will set up a base Kelantan. 27/06/2019 10:41 AM
@Newinvestor17 I am fine. Just back in after another ban. Seems some people are too sensitive and hates the truth. Jaya..aa..small fart. Empty vessels make the loudest noise.
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....
smartinvestorbuffet
35 posts
Posted by smartinvestorbuffet > 2019-06-26 20:34 | Report Abuse
Lousy FGV. Go for mine. Will this get limit up? >https://klse.i3investor.com/blogs/investsmartway/212355.jsp