FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

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Last Price

1.09

Today's Change

0.00 (0.00%)

Day's Change

1.08 - 1.10

Trading Volume

77,400


35 people like this.

49,339 comment(s). Last comment by speakup 5 days ago

195410

141 posts

Posted by 195410 > 2020-04-06 17:34 | Report Abuse

Cantik juga

Change_

255 posts

Posted by Change_ > 2020-04-07 10:11 | Report Abuse

2 RM FGV come who care the govn is backdoor? Frontdoor also no use.

Undi_PKR

945 posts

Posted by Undi_PKR > 2020-04-09 10:58 | Report Abuse

Felda Settlers pls reject backdoor PN.

Undi_PKR

945 posts

Posted by Undi_PKR > 2020-04-09 11:04 | Report Abuse

Indian CPO buyers PN cannot have?

Hidup_PN

571 posts

Posted by Hidup_PN > 2020-04-10 11:33 | Report Abuse

Must add ctr. CPO up bec new MPOB chairman?

Hidup_PN

571 posts

Posted by Hidup_PN > 2020-04-10 14:26 | Report Abuse

PKP kena tamat?

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-04-13 12:10 | Report Abuse

How deep can it be?

cpo_

419 posts

Posted by cpo_ > 2020-04-13 12:17 | Report Abuse

Malaysia cuts crude palm oil export duty for May to 4.5%
https://www.theedgemarkets.com/article/malaysia-cuts-crude-palm-oil-export-duty-may-45

Posted by Felda_settlers > 2020-04-13 15:23 | Report Abuse

Not the voted govn why allow to rule unless perform better?

Posted by Felda_settlers > 2020-04-13 15:24 | Report Abuse

84 sen FGV is not what we wanted when kicked BN out in GE14.

dam82

2,201 posts

Posted by dam82 > 2020-04-13 16:37 | Report Abuse

Imagine people like PAS MP becoming CEO ..habis lah all GLC sure gone case like this

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-04-13 20:01 | Report Abuse

Demand most likely will drop.
Stock increased.
Assuming 3 sen dividend consistently, take 28 years to recover capital. LT no go. ST trading play only as some may think it is extremely cheap.

dam82

2,201 posts

Posted by dam82 > 2020-04-14 00:34 | Report Abuse

they cannot continue having FGV as penny stock .... next election just around the corner they will push it up like nobody business ...looking at the fundamental ...after covid consumer spending sure will pick up with efficient FGV operational this is must keep stock ..i know people going to bash me but i see positive in FGV managament now hopefully PN does not bring i some idiot politician into FGV ...

Lucky81

495 posts

Posted by Lucky81 > 2020-04-14 08:00 | Report Abuse

pas mp will in and u know.

Plantermen

2,224 posts

Posted by Plantermen > 2020-04-14 08:13 | Report Abuse

Look at thier experience. PAS mp are inexperience when comes to running business. FGV is a mega corporate structure with multiple business. Tough times and uncertainty need experienced corporate entrepreneurs not politicians

Posted by Jonathan Keung > 2020-04-14 08:27 | Report Abuse

Demand for palm oil drop substantially. India and China has reduced their usage and import drastically ( due to various factors ) you need strong entrepreneur to market your products not an inexperienced politician. Running an Estates , Mills , oleo complex, shipping & logistics and marketing aim , hedging on dollar and cash flow is not talking in a ceramah

8888_

2,919 posts

Posted by 8888_ > 2020-04-14 10:39 | Report Abuse

Can politicians force more Saji cooking oil usage? Eg donate to Covid19 frontliners, poor people?

11395861

416 posts

Posted by 11395861 > 2020-04-14 10:45 | Report Abuse

China n India start buy oil palm from msia..hopefully Chairman Fgv must made a better job.....Ceo must appointed from business background not a politician...If fgv fail...Ge15 kickout

8888_

2,919 posts

Posted by 8888_ > 2020-04-14 11:03 | Report Abuse

Wait for good news Covid19 has peaked by mid-April.

11395861

416 posts

Posted by 11395861 > 2020-04-14 11:27 | Report Abuse

Felda settler fully hoping with PN gov......dont be everyone frust.....now fgv have good track....era isa samad suda berlalu.

8888_

2,919 posts

Posted by 8888_ > 2020-04-16 09:15 | Report Abuse

KWAP keep buying.

8888_

2,919 posts

Posted by 8888_ > 2020-04-16 09:15 | Report Abuse

15-Apr-2020 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 1,400,000 shares on 14-Apr-2020.
13-Apr-2020 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 4,415,000 shares on 10-Apr-2020.

8888_

2,919 posts

Posted by 8888_ > 2020-04-16 09:39 | Report Abuse

China, India to buy more CPO from M'sia bec less Covid19 against Indonesia?

Mabel

23,941 posts

Posted by Mabel > 2020-04-16 18:58 | Report Abuse

Why still Red?

Lately mambang got period ka?

Meow..

Posted by taukecipek > 2020-04-18 11:49 | Report Abuse

Bankrupt again

Alan Punpipi

7,570 posts

Posted by Alan Punpipi > 2020-04-19 16:01 | Report Abuse

Malaysia shuts palm operations in part of Sabah after coronavirus outbreak
ASEAN+
Sunday, 19 Apr 2020
3:46 PM MYT
KUALA LUMPUR: Malaysia's largest palm oil producing state, Sabah, has temporarily halted palm operations in one area after 11 cases of the Covid-19 (coronavirus) were found there, the Bernama state news agency reported on Sunday (April 19).

Palm plantations and mills in Felda Sahabat, operated by the world's largest crude palm oil producer, FGV Holdings, would be temporarily suspended and public movements banned as authorities carry out coronavirus containment efforts, a district police chief, Nasri Mansor, said.

The directive will remain in force until all residents in the community were tested and disinfection was completed, Bernama quoted Nasri as saying.

Sabah accounts for about 25% of palm oil production in Malaysia.

The world's second-largest palm producer on Saturday reported a total of 5,305 positive coronavirus cases, 88 of whom have died. - Bernama/Reuters

Posted by Felda_settlers > 2020-04-20 15:27 | Report Abuse

CPO up why FGV down? PN not good govn?

Posted by Felda_settlers > 2020-04-20 15:28 | Report Abuse

MSM up why FGV no gain?

Posted by nicedurians > 2020-04-20 22:22 | Report Abuse

FGV Sahabat oil mill under enhanced MCO

Posted by nicedurians > 2020-04-20 22:22 | Report Abuse

11k hectares of oil palm estate cannot do harvesting

chuping

1 posts

Posted by chuping > 2020-04-21 07:33 | Report Abuse

KUALA LUMPUR (April 20): FGV Holdings Bhd has voluntarily ceased operations at five palm oil mills within the Sahabat region in Lahad Datu, Sabah, after police enhanced the movement control order (MCO) in the area after 11 Covid-19 cases were detected.

FGV confirmed in a statement today that none of its employees in Sahabat has tested positive for Covid-19. FGV said its operations in the Sahabat region involve 115,432 hectares of plantation, comprising seven mills and 48 estates.

"At two of the five mills, four employees are quarantined as persons under investigation. The other three mills have been closed as a precautionary measure due to their proximity to the affected FELDA operations. FGV is giving full cooperation to the Health Ministry and has immediately advised its employees and their family members to undergo tests if they had been in close contact with any positive Covid-19 patients in the past 14 days, particularly in Wilayah Sahabat.

FGV is fully committed to supporting the Sabah state government’s efforts to contain the pandemic by adhering to “radical and robust guidelines and SOPs (standard operating procedures)" at all of its estates and mills to ensure the risks to the safety and health of all employees are minimised, it said.

FGV reaffirmed in the statement today that its employees’ safety, health and wellbeing are its utmost priority, and it will continue to be vigilant in its efforts to contain the spread of the Covid-19 pandemic.

"Since the outbreak, FGV had established a Covid-19 Task Force Committee and implemented a number of preventive measures across all of its operations. Amidst the latest announcement of Lahad Datu district as red zone area, FGV has taken several proactive measures in Wilayah Sahabat in line with the Health Ministry’s guidelines.

"All movements within FGV’s Wilayah Sahabat operations are strictly controlled and monitored. FGV is working closely with PDRM (Royal Malaysia Police/Polis Diraja Malaysia) and has utilised FGV’s Auxiliary Police teams to ensure strict compliance with the state government’s movement control order,” it said.

Yesterday, Bernama reported that the police were enhancing the enforcement of the MCO in Felda Sahabat following the detection of 11 Covid-19 cases in the area so far.

Lahad Datu district police chief ACP Nasri Mansor was quoted as saying that following the instruction from the District Disaster Management Committee, no public movement is allowed in the area.

He was quoted as saying that in line with the directive, all plantation and mills activities in the area will be suspended while the operations of supermarkets, eateries and public markets will be restricted.

According to earlier news reports, FGV was among major plantation companies, comprising Sime Darby Plantation Bhd, Wilmar International Ltd, Kuala Lumpur Kepong Bhd and Genting Plantations Bhd, which had appealed to the Sabah state government to reconsider its decision to close oil palm operations in Kalabakan, Semporna, Kunak, Tawau, Lahad Datu and Kinabatangan due to the Covid-19 pandemic.

On April 1 this year, FGV said in a statement its appeal took into account the welfare of 871 families in Felda Sahabat and 776 families in FELDA Umas. FGV said their income will be affected as a result of the closure.

“FGV has committed to adhering to all SOPs and guidelines in all FGV estates and mills since the MCO was implemented on March 18 and continues to work closely with all stakeholders to ensure that the risks to the safety and health of all employees are minimised,” FGV said then.

At 11:18am today, FGV’s share price rose one sen or 1.14% to 88.5 sen, for a market capitalisation of some RM3.23 billion. FGV saw some nine million shares traded.

8888_

2,919 posts

Posted by 8888_ > 2020-04-21 09:12 | Report Abuse

MSM no 1 in volume why nobody talk?

8888_

2,919 posts

Posted by 8888_ > 2020-04-21 09:17 | Report Abuse

CEO should be sacked? Not PH appointed?

8888_

2,919 posts

Posted by 8888_ > 2020-04-21 09:18 | Report Abuse

Even QR improved why Covid19 no countermeasure to prevent from happenings?

8888_

2,919 posts

Posted by 8888_ > 2020-04-21 09:32 | Report Abuse

MSM up more why FGV no gain? KWAP doesn't know FGV own >50% MSM?

carilembu

1,249 posts

Posted by carilembu > 2020-04-21 11:01 | Report Abuse

sekarang baru tahu apasal FGV tak naik bila MSM naik. SEBAB itu perangkap ikan bilis MSM. Sekarang puas hatilah dua dua turun semua sekali. Cepat jual banyak lagi akan turun...

carilembu

1,249 posts

Posted by carilembu > 2020-04-21 11:08 | Report Abuse

MSM up more why FGV no gain? NOW why FGV fall so small when MSM falls so much??

8888_

2,919 posts

Posted by 8888_ > 2020-04-21 11:10 | Report Abuse

MSM still up >100% from 20+ sen why you never said?

Bullhunter

1,194 posts

Posted by Bullhunter > 2020-04-21 11:10 | Report Abuse

why fgv fall so little when felda settlers all don't work??

carilembu

1,249 posts

Posted by carilembu > 2020-04-21 11:22 | Report Abuse

kejatuhan masih jauh lagi

8888_

2,919 posts

Posted by 8888_ > 2020-04-21 11:28 | Report Abuse

Only in your dream no work.

Posted by Bullhunter > Apr 21, 2020 11:10 AM | Report Abuse
why fgv fall so little when felda settlers all don't work??

8888_

2,919 posts

Posted by 8888_ > 2020-04-21 11:33 | Report Abuse

MSM now green back why carilembu don't know?

Citadel88

20 posts

Posted by Citadel88 > 2020-04-21 16:11 | Report Abuse

85-85.5 bought. TP RM 1.5 by July?

RedEagle

3,194 posts

Posted by RedEagle > 2020-04-22 07:13 | Report Abuse

"Harga minyak jatuh ke negatif!" "Habis lah!"

Rileks, harga minyak mentah sedunia memang jatuh teruk, tapi yang jatuh 306% jadi $-37.63 setong tu cuma harga bagi "West Texas Intermediate" (WTI) keluaran US.

Untuk minyak Brent (keluaran Shell UK), harga masih positif, dalam $25. Harga minyak "Tapis" keluaran Malaysia pun masih $28, jatuh 1.7% je.

Minyak mentah ni macam kurma juga. Lain tempat lain keluaran, walaupun semua dikenali sebagai kurma. Ajwa tu keluaran Madinah, Deglet Noor Algeria, Medjool dari Morocco. Kualiti pun lain-lain.

Minyak mentah pula, selain WTI dan Brent, ada juga ESPO (Rusia), Urals (Rusia), Maya (Mexico), Minas (Indonesia) dan macam-macam lagi. Keluaran Malaysia selain "Tapis" ada juga "Bintulu Condensate", "Miri" dan lain-lain. Kualiti berbeza-beza ikut kandungan sulfur ("sweet" atau "sour") dan graviti ("heavy" atau "light").

Minyak WTI ni "sweet" dan "light", ramai suka beli, sebab tu harganya dijadikan "benchmark" dan dilaporkan dalam berita setiap hari bersama-sama Brent. Tapi harga WTI tak mewakili semua minyak yang ada di pasaran.

Yang lebih penting, kita kena faham minyak mentah ni didagang pakai "futures" atau kontrak ke hadapan. Katakan kau nak stok minyak pada Mei 2020, kau kena order semasa April.

Minyak mentah ni pembeli dia adalah syarikat-syarikat pemprosesan minyak. Diorang tak beli on the spot tapi beli in advance pakai "futures" supaya boleh manage risiko perubahan harga.

Yang jadi negatif ni adalah kontrak untuk penghantaran Mei. WTI ni bersifat "physical delivery", kau order untuk Mei, minyak tu secara fizikal sampai kat kau selaku pemegang kontrak Mei.

Gila apa, time-time ni siapa nak pakai minyak. Stok minyak masih berlambak sebab hampir satu dunia masih dalam lockdown. Kereta tak leh jalan, kapal terbang tak leh terbang, nak buat masak pun tak boleh walaupun "sweet" konon.

Jadi, disebabkan kontrak untuk Mei 2020 akan expire pada esok waktu tempatan US (21 April 2020), orang just lepaskan kontrak tu tak kisah apa harga. Better rugi duit kontrak dari minyak tu hantar kat kilang kau. Sebab tu harga jatuh ke negatif.

Kalau Brent tak jadi macam tu sebab dia boleh "roll over", tak nak kontrak Mei boleh jual ganti dengan kontrak Jun. Sebab tu tak ada masalah yang sama.

Tapi harga kontrak WTI untuk Jun sebenarnya masih OK, masih di paras $20, dan akan naik selepas itu sebab minggu lepas negara OPEC (yang diketuai Saudi) dan bukan OPEC (seperti Rusia dan US) dah capai persetujuan potong bekalan sebanyak 9.7 juta tong sehari (10% daripada jumlah keluaran dunia) untuk bulan Mei dan Jun.

Harga minyak ditentukan oleh supply dan demand, kalau harga jatuh sebab demand jatuh, maka negara-negara pengeluar minyak volunteer untuk cut supply supaya naikkan harga balik.

Tapi apa pun, berita minyak negatif ni adalah good reminder bahawa "the era of oil is coming to an end".

Dan untuk tahun-tahun akan datang, "cheap oil" akan jadi "new normal".

Akan ada banyak syarikat-syarikat minyak kecil yang lingkup setahun dua ni dan dibeli oleh syarikat-syarikat besar.

Macam dulu pasaran minyak dikuasai oleh "Seven Sisters" (BP, Shell, SoCal, Gulf Oil, Texaco, Exxon, Mobil), selepas kejatuhan harga minyak 1980-an tinggal jadi Four Sisters saja: SoCal, Gulf Oil dan Texaco bergabung jadi Chevron (pemilik Caltex), Exxon dan Mobil bergabung jadi ExxonMobil (pemilik Esso).

Dulu harga minyak mahal sebab minyak dulu scarce resources. US sampai nak berperang dengan Iraq untuk dapatkan stok minyak. Now korang bagi minyak free kat US pun belum tentu diorang nak. Lambakan minyak tu yang jadi harga negatif tu.

Sejak zaman Obama (2009-2017), US mula menghasilkan shale oil untuk ganti pergantungan kepada minyak petroleum, dan sekarang US adalah pengeluar minyak terbesar di dunia. Shale oil ni punya supply almost limitless, tak macam petroleum sekali gali habis. So basically harga minyak tak akan kembali ke zaman kegemilangannya lagi.

Sebab tu Saudi semua kena longgarkan cara hidup konservatif diorang untuk tarik pelaburan asing.

Brunei pun mula kena berfikir pasal "diversification" (pempelbagaian) ekonomi. "Oil is a curse". Kebergantungan kepada minyak bukan saja lambatkan negara jadi negara industri jadi negarta maju, malah ia akan menggugat kelangsungan hidup negara di zaman new normal.

alvin5588

474 posts

Posted by alvin5588 > 2020-04-22 14:51 | Report Abuse

still weak.. no power yet..

Hidup_PN

571 posts

Posted by Hidup_PN > 2020-04-24 21:43 | Report Abuse

FGV widens food industry scope with Bright Cow dairy products
https://www.theedgemarkets.com/article/fgv-widens-food-industry-scope-bright-cow-dairy-products

RedEagle

3,194 posts

Posted by RedEagle > 2020-04-24 23:27 |

Post removed.Why?

dam82

2,201 posts

Posted by dam82 > 2020-04-25 23:43 | Report Abuse

https://www.fgvholdings.com/press_release/dairy-products-freshness-guaranteed-by-fgv/?pagen=1

Well done FGV ..finally making some move .. waiting for other initiative progress .. mana ...

alvin5588

474 posts

Posted by alvin5588 > 2020-04-27 08:59 | Report Abuse

may consolidated till end of May or early of June before go 1.00..

Posted by Miz Raya Bloom > 2020-04-27 11:20 |

Post removed.Why?

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