"rmkfac100812 Fgv is top pick for recovery this year. Downside is much less than upside. After all that happened the most probable is up."
Management issue aside. The important catalyst is demand for palm and it's product. There are mutiple suppliers and some African nations are beginning to explore this revenue resource. Supply will be more.
"Undi_PAS GE15 must try Pas as next govn since both PH/BN not helpful to Felda Settlers and Malaysians in general. "
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 in Kelantan.
With PAS ruling Kelantan for more than 25 years, it is the number one state contributing to Malaysian economy. Kelantanese are the biggest tax payers almost 0 unemployment. There is also freedom for women that they are working at night to support their family.
Why fgv could not perform is because of lazy Malay. Cost is going up even the director fees so high. Cut by 2 third. Fgv is and old oil palm company which have so much replanting. There shall plant it much earlier. For the next two years CPO price will be below rm2,300.00 for long long time.
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....
rmkfac100812
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Posted by rmkfac100812 > 2019-06-28 15:41 | Report Abuse
Fgv is top pick for recovery this year. Downside is much less than upside. After all that happened the most probable is up.