Bod no motivation to work as pocket empty. Minority SH may have hurt badly and their stomach are empty because no dividends. Management competencies and credibility are reflected in the recents years results and scams. Only thing may help is the palm oil price and demands but unfortunately it prospect remains dim. Just wait for counter play by traders.
This pieace of shit is so hopeless unless the below happen .
1. Sell MSM or have strategic China Company 2. Sack 80% of FGV Staff in HQ no use hire so many backend people for plantation company 3. Hire more people for SAJI penerate FMCG Market 4. Diviertisied all non-performing Asset 5. if nothing can be done above just tutup saja
More affecting price of FGV is instability of external factors in particular trade war caused interruption of normal supply chains of goods and services. So, let's wait and see development of trade war. Cash is King.
Trump will cut a deal before US primary....till then I agree watch ..for those who have bought this piece of shit just vent your frustration but my advice kepp this shit since long term FGV have value ....
A BBC news correspondent was in Indonesia yesterday and interviewed a worker at plantation asking him how he felt about the haze caused by burning forest? The worker said: “ ASAP TEBAL”. BBC Far East reported an hour ago saying that indonesian think that the haze situation is “ACCEPTABLE”!
please don't use palm oil products. ban products with name of SAJI, ADELA, MILO, PELANGI, SAJIMEE, SAJIMAYO, SUNBEAR, ALIF ...semua ni makana menyebabkan cancer .
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....
CUTLOST
5,179 posts
Posted by CUTLOST > 2019-09-03 19:15 | Report Abuse
Hope fgv will survive