Posted by dam82 > 2020-08-08 13:50 | Report Abuse

CEO got long term vision ...check his interview in the edge ...too many legacy issue ...Q2 should provide some clue on short term outlook ...still convinced FGV have better outlook with integrated farming ...

Posted by hasbullahali > 2020-08-09 09:51 | Report Abuse

integrated farming ???? It’s like recycling old business strategies. Better do your homework dam82....farming & hospitality are just cosmetic business that don’t contribute much financially.

Posted by hasbullahali > 2020-08-09 10:07 | Report Abuse

& Yes you can always blame legacy issues for failing to turnaround the company despite the fact that operating cost is on the rise....Productivity is the key issue that must be addressed immediately.

Posted by dam82 > 2020-08-09 12:46 | Report Abuse

haha memang betul .. fully agree but what choice FGV have sack almost half of their backoffie staff and give contract openly but hold on what would been the reaction by certain segment of people ... FGV will never be KLK or IOI but it does have some space for improvement which can be catalyst for its share price in few years i think we can agree we don't give a dam what the company does so long the price move up ...

Posted by DickyMe > 2020-08-09 12:49 | Report Abuse

Farming, puts food on the table, even for the poor.
Malaysia has good weather throughout the year.

Posted by hasbullahali > 2020-08-09 13:56 | Report Abuse

Good weather ??? Might as well ask them to go fly kite.

Posted by DickyMe > 2020-08-09 14:08 | Report Abuse

"Posted by hasbullahali > Aug 9, 2020 1:56 PM | Report Abuse

Good weather ??? Might as well ask them to go fly kite."

===============================================

Are you not Malaysian or an idiot who does not know Geography?

Posted by hasbullahali > 2020-08-09 17:12 | Report Abuse

Do the maths & argue with facts. Investment is not only about knowledge in geography.

Posted by DickyMe > 2020-08-09 18:06 | Report Abuse

Huh?? Talking rubbish heh!

Posted by dam82 > 2020-08-09 21:34 | Report Abuse

Aiyoo FGV rubbish lah don't buy sell 2morow ya.......

Posted by strattegist > 2020-08-10 09:37 | Report Abuse

relax

Posted by strattegist > 2020-08-10 10:19 | Report Abuse

on the mend

Posted by strattegist > 2020-08-10 12:55 | Report Abuse

patience

Posted by dam82 > 2020-08-10 16:21 | Report Abuse

https://www.theedgemarkets.com/article/palm-oil-stocks-down-1055-july-%E2%80%94-mpob

Posted by strattegist > 2020-08-10 18:08 | Report Abuse

closed slightly red

Posted by strattegist > 2020-08-11 09:54 |

Post removed.Why?

Posted by strattegist > 2020-08-11 12:02 | Report Abuse

cool

Posted by strattegist > 2020-08-11 12:33 | Report Abuse

green

Posted by strattegist > 2020-08-11 15:46 | Report Abuse

maintain

Posted by strattegist > 2020-08-11 17:39 | Report Abuse

closed green

Posted by maney > 2020-08-12 09:59 | Report Abuse

Drop 1sen is nothing

Posted by strattegist > 2020-08-12 10:47 | Report Abuse

easing

Posted by dam82 > 2020-08-12 10:55 | Report Abuse

I will not worry much ... cost (ex-mill) for FGV around 1500 if i am not mistaken + LLA it will 1900 which means so long CPO above around 2500 they should make profit .. if not don't know what to say lor

Posted by strattegist > 2020-08-12 12:34 | Report Abuse

stabilizing

Posted by strattegist > 2020-08-12 15:48 | Report Abuse

maintain

Posted by wan161 > 2020-08-12 16:57 | Report Abuse

export of palm oil keep increasing especially to India..

http://bepi.mpob.gov.my/index.php/en/export/export-2020/export-of-palm-oil-to-major-destinations-2020.html

Posted by Mabel > 2020-08-12 19:26 | Report Abuse

Every day dropping..

Let's see if it can break RM 1..again

Meow

Posted by strattegist > 2020-08-12 20:22 | Report Abuse

closed red

Posted by jk20598 > 2020-08-12 22:53 | Report Abuse

The two idiots selling like no tomorrow the past few weeks, until operators also run away,no eyes see,so price how to go up.Operators now no more interest to buy!

Posted by dam82 > 2020-08-13 08:50 | Report Abuse

I think Q2 might screwed up....after all the positive vibe created by management if this year also loss I think FGV finished

Posted by strattegist > 2020-08-13 09:26 | Report Abuse

green

Posted by HuatAh8809 > 2020-08-13 11:55 | Report Abuse

Finally coming..

Posted by strattegist > 2020-08-13 12:10 | Report Abuse

green

Posted by Mabel > 2020-08-13 13:06 | Report Abuse

Meow

Posted by strattegist > 2020-08-13 15:19 | Report Abuse

steady

Posted by jk20598 > 2020-08-13 16:27 | Report Abuse

FGV should make profit this Q2.If you compare the total production figures, Q2 is 50% more than Q1,where they lost 142m,MSM lost 35m n Q2 is 20% more than Q4 2019,where they made 76m,MSM lost 40m.So no reasons to lose money, unless those jokers still got tons of shits not yet write off!

Posted by 5354_ > 2020-08-13 16:39 | Report Abuse

CPO >RM 2700 not good? Why red?

Posted by wan161 > 2020-08-13 17:19 | Report Abuse

FFB Q1 712k MT, Q2 1,188k MT ( increase 67%)
RUBBER Q1 697k KG, Q2 799k KG ( increase 15%)
CPO Q1 382k MT, Q2 809k MT ( increase 112%)
Palm Kernel Q1 135k MT, Q2 204 MT ( increase 52%)

Posted by hasbullahali > 2020-08-13 17:19 | Report Abuse

An uphill task for FGV to solve various issues & control costs from rising.

Posted by strattegist > 2020-08-13 17:29 | Report Abuse

closed unchanged

Posted by Mabel > 2020-08-13 18:19 | Report Abuse

@hasbullahali An uphill task for FGV to solve various issues & control costs from rising.
13/08/2020 5:19 PM

Really?

I thought Azhar and the Team has been dealing with these issues ages ago..

Let's try to revisit FGV situation..

Fresh Fruit Bunches (FFB) is up. FFB Q1 712k MT, Q2 1,188k MT ( increase 67%)
RUBBER Q1 697k KG, Q2 799k KG ( increase 15%)
CPO Q1 382k MT, Q2 809k MT ( increase 112%)
Palm Kernel Q1 135k MT, Q2 204 MT ( increase 52%)

The uptrend is still intact and thus could provide a buffer zone within the 38.2% FR level at MYR2,600 early this week. If the fore mentioned level is breached, the pullback could turn into a bigger correction with the next support pegged at MYR2,480. Unfortunately that is not the case as today it touches RM 2,700. So we are facing a R1 Resistance level of RM 2,750

SUPPORT - S1: MYR2,600 S2: MYR2,480; RESISTANCE - R1: MYR2,750 R2: MYR2,808
MOMENTUM - Selling pressure still strong; TREND - Ongoing pullback

Average cost (ex-mill) for FGV around 1500 which means so long CPO above around 2500, it is a viable business.

Hence I agree with jk20598 that FGV should make profit this Q2. If you compare the total production figures, Q2 is 50% more than Q1,where they lost 142m,MSM lost 35m n Q2 is 20% more than Q4 2019,where they made 76m,MSM lost 40m.So no reasons to lose money..

Hence someone head needs to be chopped off if FGV is going to introduce another write off this coming 28th August QR. I sincerely hope the write off is over by now. Perhaps it's time for FGV to consider reversing the impairment that they already did in the previous quarters. This will be a great success story for FGV..

Meow

Posted by hasbullahali > 2020-08-13 19:03 | Report Abuse

Yes, hopefully things will turn out fine this quarter. I still wanna wait a bit longer just in case.

Posted by Mabel > 2020-08-13 19:17 | Report Abuse

Touché hasbullah..

@5354_ CPO >RM 2700 not good? Why red?
13/08/2020 4:39 PM

The only explanation I have is the Sharks are still collecting..

Meow

Posted by Ninja _07 > 2020-08-13 21:40 | Report Abuse

Thanks Mabel .. meow

Posted by strattegist > 2020-08-14 09:24 |

Post removed.Why?

Posted by Undi_PKR > 2020-08-14 09:42 | Report Abuse

FGV never listed since Merdeka anything wrong? Why their listing in 2012 caused BN govn downfall?

Posted by carilembu > 2020-08-14 09:45 | Report Abuse

Posted by Undi_PKR > Aug 14, 2020 9:42 AM | Report Abuse

FGV never listed since Merdeka anything wrong? Why their listing in 2012 caused BN govn downfall?

Listing in 2012 didn't cause BN downfall lah! BN menang 2 lagi pilihanraya lepas tu. Mau cakap politik pergi forum politik lah. Jangan buang masa olang ikan bilis sini mau cari duit

Posted by strattegist > 2020-08-14 11:20 | Report Abuse

market ease

Posted by wehcant > 2020-08-14 15:28 | Report Abuse

Buy now, reap profit soon.

Posted by wehcant > 2020-08-14 15:32 | Report Abuse

Slim by-election is coming. Must make the voters happy.