clap2.. congrats to all. im still around but hve shifted to cheaper sawit alternatives. needless to say profit from fgv has been put to good use n already ROI 30%. a good year indeed. cant wait for 2020. might reentry fgv if dip below 1.50. otherwise will swing trade rsawit tdm aasia. cheers everyone n hve a good one tonite.
FGV's main business segments include oil palm plantations and milling.
Its earning performance has been overall unstable in last five years, whereby its earning per share overall fluctuated from -26.9 sen to 8.9sen. In 2019 financial year, FGV reported lower revenue than previous year due to lower average prices of crude palm oil (CPO) and lower fresh fruit bunches (FFB) production. a Loss Before Zakat and Tax of RM1.02 billion due to a RM949 million impairment and lower prices of CPO. The impairments were due to non-performing investments such as Asian Plantations Limited, FGV Green Energy, FGV Cambridge Nanosystems
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....
azta12
5,594 posts
Posted by azta12 > 2019-12-31 09:46 | Report Abuse
take some angpow first.