Posted by chkhooju > 2020-09-18 11:11 | Report Abuse

NONSENSE.

Posted by dam82 > 2020-09-18 11:16 | Report Abuse

why nonsense buy below penny stock delist 2 good deal mah ..

Posted by drago_7 > 2020-09-18 11:20 | Report Abuse

Going up

Posted by Sabahan8 > 2020-09-18 11:22 | Report Abuse

FGV>1.8 next week we vote PN on 26th Sep.

Posted by Sabahan8 > 2020-09-18 11:23 | Report Abuse

1.61 FGV 509 we rejected BN can PN give more?

Posted by Sabahan8 > 2020-09-18 11:25 | Report Abuse

FGV CPO estates many in Sabah how can no concern?

Posted by strattegist > 2020-09-18 11:36 | Report Abuse

green

Posted by strattegist > 2020-09-18 11:37 | Report Abuse

good green

Posted by strattegist > 2020-09-18 11:37 | Report Abuse

sawit hijau

Posted by strattegist > 2020-09-18 11:41 |

Post removed.Why?

Posted by KAQ4468 > 2020-09-18 11:42 | Report Abuse

peewwiittttt

Posted by dusti > 2020-09-18 11:43 | Report Abuse

Time to take profit. Too many bullshitters around

Posted by Warisan > 2020-09-18 11:54 | Report Abuse

1.5-2 no hope? Let Warisan Plus rule.

Posted by Warisan > 2020-09-18 11:59 | Report Abuse

PN jaga gloves not CPO counters?

Posted by Warisan > 2020-09-18 11:59 | Report Abuse

Rubber no can produce gloves?

Posted by minher > 2020-09-18 12:03 | Report Abuse

New report should solve Felda’s problems

Majlis Permuafakatan NGO Felda says it is crucial to include privatisation of FGV as part of PN’s overhaul strategy

by ALIFAH ZAINUDDIN / pic by TMR FILE

THE government is expected to release the eagerly-awaited report on the Federal Land Development Authority (Felda) next month, following its handing over to Prime Minister (PM) Tan Sri Muhyiddin Yassin in August.

Minister in the PM’s Department (Economic Affairs) Datuk Seri Mustapa Mohamed recently said the report, which he described as a follow-up to the Felda White Paper tabled in Parliament last year, will contain a model to improve Felda’s accounts and ease debts owed by settlers.

Mustapa said the report would also include a plan to raise Felda’s palm oil output from its current production level of between 19 and 20 tonnes per acre per year to 25 tonnes per year.

Majlis Permuafakatan NGO Felda chairman Datuk Mazlan Aliman said it is crucial to include the privatisation of Felda’s listed arm FGV Holdings Bhd as part of the current administration’s overhaul strategy.

He said any plan to help Felda recover will not take shape without the return of some 360,000ha land, which currently is under FGV.

Prior to FGV’s listing in 2012, Felda’s net income stood as high as RM1.1 billion with revenue going up to RM5.9 billion from 2007 until 2011.

Felda has since been in the red with a massive RM5.7 billion net loss in 2018, while turnover continues to hit below the RM2 billion mark.

Felda currently receives a fixed annual payment of RM250 million from FGV, plus 15% share of profits as part of a 99-year land lease agreement signed by both parties in 2012.

“It is not enough. Felda’s annual expenses amount to billions of ringgit each year and the government will not be able to sustain this.

“This new plan must include a way to take FGV private so that the land can be returned to Felda, along with the 68 mills it owns. If not FGV, where else are we supposed to get an income?” Mazlan told The Malaysian Reserve.

According to the White Paper, the bulk of Felda’s expenditure from 2007 to 2017 were on state contributions and financing settlers at RM13.1 billion, while management costs amounted to RM2.7 billion over the 10-year period. In 2017 alone, total expenses stood at RM5.3 billion.



Concerns on taking FGV private, however, lie in its cost, which could go up to about RM15 billion to RM20 billion given its initial public offer reference price of RM4.55 per share.

“The government cannot say there is no money to spend when they’ve pumped billions of ringgit into Malaysia Airlines Bhd numerous times. Even if it costs a lot to take FGV private, it would help Felda and the government in the long term,” Mazlan said.

He said the Group Settlement Areas Act 1960 should also be reviewed to recognise and incorporate new generation settlers.

The Institute for Democracy and Economic Affairs in a recent paper titled “Structural Changes and the Prospect for Felda” outlined key recommendations which should be included in Perikatan Nasional’s (PN) plan.

The report’s co-author Prof James Chin said the government should look at allowing Felda to be run like a real private company competing with the private sector players.

“As it stands now, there is much government interference and they rely on government support and protection if things go wrong. This mentality must stop if Felda is to survive in the long run.”

Co-author Nur Zulaikha Azmi said the government should readjust its strategy as the current model no longer suits Felda.

“The new Felda should diversify into cash crops and livestock replacement programmes, as well as increase settlers’ participation in management level activities to create more attractive job opportunities for the settlers.”

Felda could also offer incentives such as a capital scheme for younger generation start-ups and subsidies for technology adoption to attract new generation settlers into plantation activities.

Nur Zulaikha said Felda should dispose of assets and companies in unrelated and unprofitable sectors, and focus on a strategy to streamline innovation and upgrading efforts.

“This will take time, but a sustainable strategy and commitment to an implementation timeline are required.”

Posted by strattegist > 2020-09-18 12:12 | Report Abuse

green sawit

Posted by strattegist > 2020-09-18 12:17 | Report Abuse

good green

Posted by dam82 > 2020-09-18 14:03 | Report Abuse

need to breach 1.5 lor before uptrend

Posted by strattegist > 2020-09-18 14:16 | Report Abuse

pelan pelan kayuh.... green

Posted by strattegist > 2020-09-18 14:54 | Report Abuse

sustain green

Posted by strattegist > 2020-09-18 14:58 | Report Abuse

oscillating well above 1.30 ....green

Posted by Shadows > 2020-09-18 15:34 | Report Abuse

Nice move and wait you at 1.70 before to 2.0

Posted by CUTLOST > 2020-09-18 15:51 | Report Abuse

Go go.. Rm1.50 soon

Posted by strattegist > 2020-09-18 16:05 | Report Abuse

beautiful green

Posted by strattegist > 2020-09-18 16:06 | Report Abuse

chun chun green

Posted by Mabel > 2020-09-18 16:10 | Report Abuse

Meowwwwwwwwwwwwwwwwwww....

Posted by Mabel > 2020-09-18 16:11 | Report Abuse

Harga Sawit naik lagi
RM 3100 dah tentu mari
Isteri pelabur senyum senang hati
Menyanyi tak berhenti henti

Meow Meow Meow

Posted by strattegist > 2020-09-18 16:11 | Report Abuse

manyak untongggg wohhhhhhh

Posted by KAQ4468 > 2020-09-18 16:13 | Report Abuse

syiokkkkk wooooooo

Posted by strattegist > 2020-09-18 16:14 |

Post removed.Why?

Posted by Mabel > 2020-09-18 16:29 | Report Abuse

Hujan Emas Glove sedang bekembang
Hujan Emas Vaccine mula nak jadi
Hujan Emas Bandar Malaysia mula di sembang
Hujan Emas Sawit sudah berbunga berseri seri

Meow Meow Meow

Posted by strattegist > 2020-09-18 16:34 |

Post removed.Why?

Posted by strattegist > 2020-09-18 17:17 | Report Abuse

closed green

Posted by strattegist > 2020-09-18 17:17 | Report Abuse

strong volume

Posted by MuttsInvestor > 2020-09-18 20:12 | Report Abuse

If ..FGv wants to "FLY and Become " what it DREAM to become....... Let a Chinese Company with Agricultural Expertise ( There are Many) , TAKE over as 51% stake ( Like PROTON ). Remove the Political and Corrupt officers within it Organization and Operations. ............ Proven Formule. Question is ...Will LTAT have the BALLS to do so.

Posted by lee_m2020 > 2020-09-18 20:24 | Report Abuse

if privatised, the offer price might not favour shareholders... a few counters already had that experiences.

Posted by lee_m2020 > 2020-09-18 20:25 | Report Abuse

better not privatised, better bring in powerful mgnt team..

Posted by James Ng > 2020-09-18 21:20 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-09-18-story-h1513558282.jsp
[转贴] [Video:浅谈FGV HOLDINGS BHD, FGV, 5222] - James的股票投资James Share Investing

Posted by Rob88 > 2020-09-18 22:29 | Report Abuse

Today CPO traded RM3068.00 up 3.13%. FGV is top 15 volumes today. Next week will be very interesting bcos China continues to by our our palm oil apart from India. If the trend continues expect FGV to trade at RM1.50 - RM1.70 next week.

Posted by jk20598 > 2020-09-18 22:49 | Report Abuse

fgv Sudah marah,8.7m roadblock at 1.35 bulldozed through like nothing,big fund buying,operators pun cepat lari!

Posted by Mabel > 2020-09-18 22:59 | Report Abuse

@Rob88 Today CPO traded RM3068.00 up 3.13%. FGV is top 15 volumes today. Next week will be very interesting bcos China continues to by our our palm oil apart from India. If the trend continues expect FGV to trade at RM1.50 - RM1.70 next week.
18/09/2020 10:29 PM

I really love this....

Given today's volume which like my Fantastic Four Glove Volume, I believe we can achieve the target price you mention. This week acquisition by Big Funds...

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 17-Sep-2020 Acquired 1,138,200
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 15-Sep-2020 Acquired 1,942,700

Hujan Emas Glove sedang bekembang
Hujan Emas Vaccine mula nak jadi
Hujan Emas Bandar Malaysia mula di sembang
Hujan Emas Sawit sudah berbunga berseri seri

Meow Meow Meow

Posted by strattegist > 2020-09-18 23:40 |

Post removed.Why?

Posted by henry888 > 2020-09-19 09:43 | Report Abuse

@strattegist..good morning..change of government from PH to PN is better for FGV. price in upward trajectory mode. huat all the way...

Posted by strattegist > 2020-09-19 20:29 | Report Abuse

Tarak kisah laaaa... PN kaa.. PH kaa.. PQ kaa.. PR kaa.. PS kaa.. PT kaa PU kaa.. PV kaa.... janji sawit kasik umpppphhhh

Posted by Mabel > 2020-09-20 00:00 | Report Abuse

stratttegiist is right...

Politics does not pay your bill. Sawit does...

Have you heard about the Story of Honda- The Power of Dream?

I suggest do spend your precious time quietly to do a research about the story of Honda. How his Power of Dream bring Honda to the pinnacle of F1 Races which is rivaling my Mercedes Benz... Please watch this video

https://youtu.be/B4pF4bMwYYI

Today, I'm also happy to bring home a Honda for one of my kitten. Compliment from my Automobile collection DRB Hicom who owns 35% of Honda Malaysia

Right now she is so excited...

https://youtu.be/sS6eUIpwwds
'
Comes next week, all of us will be sooooooooooooo excited too...

Summing up....Falling in love with Sawit at times is like jumping off Mabel Real Estates KLCC. Her brain tells, it is not a good idea, but her dildo tells, that kind of dreams make her moist..

Meow...

Posted by strattegist > 2020-09-20 13:21 |

Post removed.Why?

Posted by Mabel > 2020-09-21 07:36 | Report Abuse

meowwwwwwwwwwww...

Last Friday FCPO breaches RM 3100. Looking forward for another exciting week while we head toward Cherating. Will be great to see our FGV and TDM Plantation too

Hujan Emas Glove sedang bekembang
Hujan Emas Vaccine mula nak jadi
Hujan Emas Bandar Malaysia mula di sembang
Hujan Emas Sawit sudah berbunga berseri seri

Meow

Posted by dam82 > 2020-09-21 07:51 | Report Abuse

https://www.theedgemarkets.com/article/lpnm-teams-fgv-develop-animal-feed-pellets-pineapple-waste

Posted by Mabel > 2020-09-21 08:02 | Report Abuse

Meow dam82...

In addition to oil palm, FGV cultivate and harvest cup lumps on more than 60,000 hectares of rubber plantations which is process to produce premium Standard Malaysian Rubber (SMR).

FGV aim to be a global leader in natural rubber processing, and continuously strive to offer high quality products and services through good manufacturing and eco-friendly practices. Here is FGV Rubber Production Statistics. Malaysia is the World 3rd Biggest Producer of Rubber