FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.08

Today's Change

-0.01 (0.92%)

Day's Change

1.08 - 1.09

Trading Volume

2,700


35 people like this.

49,339 comment(s). Last comment by speakup 4 days ago

ming

2,081 posts

Posted by ming > 2020-10-19 00:32 | Report Abuse

Should think positive.. now all eye on fgv asset.. why?

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-10-19 08:42 | Report Abuse

Goreng on news. Believe plan will be abandoned as don't think can reach an acceptable low price for syed.

newbie5354_

1,283 posts

Posted by newbie5354_ > 2020-10-19 09:16 | Report Abuse

Why up?

Mabel

23,936 posts

Posted by Mabel > 2020-10-19 09:27 | Report Abuse

Up because its good..
When up everyone wins
It's as simple as that..

Meow Meow Meow

newbie2018

173 posts

Posted by newbie2018 > 2020-10-19 10:05 | Report Abuse

Up why is loser?

Posted by supersinginvestor > 2020-10-19 10:38 | Report Abuse

Many people buy shiit shares with hopes they will go up...blinded by their ego..while other shares fly their ego keeps looking at loser shares n hoping it too will go up...unker sifu aldy advice u..u want capital gains buy scientx..fast n good..but u r blinded by ur own ego..
EGO...is making u not gain ..open ur eyes...SCIENTX

Posted by supersinginvestor > 2020-10-19 10:39 | Report Abuse

Oh i forgot..
Woof woof woof..

Why_

794 posts

Posted by Why_ > 2020-10-19 12:04 | Report Abuse

Covid19 record high cases(M'sia) rubber price no increase true?

Why_

794 posts

Posted by Why_ > 2020-10-19 12:05 | Report Abuse

Rubber gloves no need rubber true?

Mabel

23,936 posts

Posted by Mabel > 2020-10-19 12:15 | Report Abuse

@supersinginvestor Many people buy shiit shares with hopes they will go up...blinded by their ego..while other shares fly their ego keeps looking at loser shares n hoping it too will go up...unker sifu aldy advice u..u want capital gains buy scientx..fast n good..but u r blinded by ur own ego..
EGO...is making u not gain ..open ur eyes...SCIENTX
19/10/2020 10:38 AM

Scientex for:

(1) the strong prospects of the packaging industry as consumer spending shifts to on-the-go food and beverages due to a hectic lifestyle and higher food safety standards;
(2) a robust property development business despite the soft market in general thanks to its right focus on predominantly landed affordable residential units in secondary suburbs.
(3) The segment also sells plastic automotive interior components.

Unker,

I'm sure Scientex is good. No doubt about that..

Plastic products is not under Mabel's Business Plan. Beside Plastic is not environment friendly..

Mabel already 5 very good Property companies with hugh landbanks
1. SPSetia
2. Sime Properties
3. MRCB
4. EcoWorld
5. UEMS

Mabel has ready has 3 Automotive collection
1. Cycle & Carriage - Mercedes Benz
2. Sime Darby - BMW and Porsche
3. DRB Hicom - Mercedes Benz’s S-Class, E-Class, GLC and C-Class and Audi, Volkswagen’s Tiguan, Passat, Vento, Jetta and Polo Hatchback, Lotus Sport Cars, Honda, Jeep, Mitsubishi, Isuzu, Tata, Proton, Motorcycle brand Modenas

Automotive sector is currently P10 while Property is sitting at P13...

Plantation is currently sitting at the Podium :).

Mabel is actually looking forward to see Plantation overtaking Healthcare when the times comes. That's why Mabel is here....Hihihi...

Meow..

Why_

794 posts

Posted by Why_ > 2020-10-19 12:21 | Report Abuse

Covid19 record everyday if no rubber can produce rubber glove?

Posted by supersinginvestor > 2020-10-19 12:22 | Report Abuse

@mabel ok lor...
Woof woof woof

strattegist

23,459 posts

Posted by strattegist > 2020-10-19 12:22 |

Post removed.Why?

Mabel

23,936 posts

Posted by Mabel > 2020-10-19 12:27 | Report Abuse

If FELDA were to terminate its LLA with FGV, FGV could have RM4 billion to RM5 billion in cash, which could be used to buy a plantation that has level terrain, is well-connected and is suitable for monetisation.

FGV’s move to return the land it leases from Felda could pave the way to resolve some of the latter’s financial issues, potentially by selling off some assets and repurposing the land with alternative crops that could help settlers pay their debts and increase their yields.

PERSPECTIVE Lane (M) Sdn Bhd’s (PLSB) proposal to inject 132,940ha of oil palm plantation land, refineries and downstream activities into FGV Holdings Bhd would create a palm oil producer larger than IOI Corp Bhd based on planted area.

FGV’s plantation landbank size will increase to 212,170ha even if the company ends its eight-year land lease deal with the Federal Land Development Authority (Felda).

IOI has about 176,156ha of planted area, while industry mammoth Sime Darby Plantation Bhd (SDP) has 320,000ha.

Under the deal, FGV can continue to play as a strategic partner to Felda for settlers to sell their fresh fruit bunches (FFB) to FGV mills, especially those mills are located near their land parcels. FGV may continue to be their estate management agent with favourable terms.

Settlers can also sign an agreement with FGV for the latter to continue to manage those estates with an agreed profit sharing or with a minimum payment if the FFB price falls below a certain target price.

The move comes amid attempts by the government to revive loss-making Felda. The state agency needs about RM800 million per year, but is receiving half the amount on average as FGV fails to deliver substantial profits.

FGV posted just two quarterly profits in the last nine quarters

“With the additional land injection, it would increase FGV’s own planted land despite the return of the 360,000ha. There are also downstream activities that can help FGV.

Meow

henry888

2,247 posts

Posted by henry888 > 2020-10-19 14:25 | Report Abuse

This Felda pandai pandai sold most of their fgv shares and now wanted to revoke the LLA. FGV should sue for breach of contract ?

Mabel

23,936 posts

Posted by Mabel > 2020-10-19 16:58 | Report Abuse

FGV should...

Good Bargaining power mah...

Meow

strattegist

23,459 posts

Posted by strattegist > 2020-10-19 17:23 | Report Abuse

closed down 1 sen... okay

Mabel

23,936 posts

Posted by Mabel > 2020-10-19 22:16 | Report Abuse

Meow Meow Meow

mf

28,668 posts

Posted by mf > 2020-10-20 00:39 | Report Abuse

KUALA LUMPUR: Gelombang ketiga penularan COVID-19 di negara ini dijangka berlarutan hingga awal tahun depan, seiring peningkatan kes jangkitan virus itu di seluruh dunia.

Ia berikutan pola jangkitan COVID-19 di peringkat antarabangsa mempamerkan tempoh ia mencapai tahap puncak yang semakin lama, berbanding gelombang pertama dan kedua.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-10-20 08:57 | Report Abuse

Over the past four years, biggest LT investor winners are those invested solely in glove counters. Those hold cash ranked number two. All others, majority are losers. Those long in fgv, you know, only management kaya. Lol.

winmal

1,128 posts

Posted by winmal > 2020-10-20 09:07 | Report Abuse

FGV will turnaround to become more profitable plantation company & good dividend stock

Ninja _07

537 posts

Posted by Ninja _07 > 2020-10-20 09:49 | Report Abuse

You're right @winmal

They are now same with IOI Plantation and SDP. The price will be upward trend from now on.

ks55_

569 posts

Posted by ks55_ > 2020-10-20 09:51 | Report Abuse

Why down? Syed Mokhtar not buying?

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-10-20 10:44 | Report Abuse

PN govn for 7.5 months so what?

Posted by supersinginvestor > 2020-10-20 10:45 | Report Abuse

Down ah...cos unker sifu.aldy told u ..it wont go up. N will go down...u no listen...

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-10-20 10:46 | Report Abuse

FGV got sure up under PN/Muhyiddin?

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-10-20 11:10 | Report Abuse

LKS can support long time enemy Tun M to win GE14 why not Najib also if good for M'sians?

Mabel

23,936 posts

Posted by Mabel > 2020-10-20 11:28 | Report Abuse

@supersinginvestor Down ah...cos unker sifu.aldy told u ..it wont go up. N will go down...u no listen...
20/10/2020 10:45 AM

I say Unker...

FGV down only 2 cents
PPB already down 14 cents mah...

Hihihi...

Meow

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-10-20 11:35 | Report Abuse

Blame Muhyiddin not good PM.

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-10-20 11:37 | Report Abuse

Muhyiddin lagi mau GE15 after win Sabah election.

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-10-20 11:38 | Report Abuse

If good PM Muhyiddin should stop Sabah state election not letting so many died from Covid19.

Posted by supersinginvestor > 2020-10-20 11:38 | Report Abuse

Watever@mabel..u r not my phren...

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-10-20 11:41 | Report Abuse

If want people to die to test your popularity is not good PM.

strattegist

23,459 posts

Posted by strattegist > 2020-10-20 13:09 |

Post removed.Why?

HuatAh8809

355 posts

Posted by HuatAh8809 > 2020-10-20 14:11 | Report Abuse

Crappy stock

8888_

2,919 posts

Posted by 8888_ > 2020-10-20 14:30 | Report Abuse

BOD must change hence Tradewind BOD better?

8888_

2,919 posts

Posted by 8888_ > 2020-10-20 14:33 | Report Abuse

Change PM easier? Why Felda chairman decline?

HuatAh8809 Crappy stock
20/10/2020 2:11 PM

8888_

2,919 posts

Posted by 8888_ > 2020-10-20 14:37 | Report Abuse

2800 CPO FGV 1.08. If CPO 2K-2.5K FGV <RM 1 blame who?

8888_

2,919 posts

Posted by 8888_ > 2020-10-20 14:41 | Report Abuse

FGV RM 2 only PM must change or CPO RM 4-5K?

Mabel

23,936 posts

Posted by Mabel > 2020-10-20 17:11 | Report Abuse

Wah so nice and lovely.

No period at all. M

Very happy to see Felda was caught red handed..

Meow Meow Meow

strattegist

23,459 posts

Posted by strattegist > 2020-10-20 17:28 |

Post removed.Why?

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-10-20 17:43 | Report Abuse

FGV denies Felda’s claim on amount payable of RM800m a year from LLA.... Mother and son also fighting how to focus on strategically important business?

henry888

2,247 posts

Posted by henry888 > 2020-10-20 18:05 | Report Abuse

That is why i sold when i seen Felda revoke the LLA. keep 1 day and cut loss.

Aurora13

563 posts

Posted by Aurora13 > 2020-10-20 22:10 | Report Abuse

Going to die fgv... Now land dispute with felda wtf... Palm oil US not solve now another problem... Don't think their elite management can handle, hopeless

Posted by supersinginvestor > 2020-10-20 22:25 | Report Abuse

Well like i said..
Fgv=loser share for losers...

Mabel

23,936 posts

Posted by Mabel > 2020-10-21 00:35 | Report Abuse

@supersinginvestor Well like i said..
Fgv=loser share for losers...
20/10/2020 10:25 PM

I say Unker...

In today’s session, 19 of the KLCI-component stocks fell, seven rose while the remaining four counters closed unchanged. Losers trounced gainers by 661 to 394, while 428 counters were unchanged.

Bottom line

FGV no period today...steady at RM 1.10
PPB got bad period ..already down by 14 cents two days in a row..

Hihihi...forgive me unker...

Meow

dam82

2,201 posts

Posted by dam82 > 2020-10-21 07:45 | Report Abuse

Check FGV share prospectus clearly mention on land not asset so FELDA try to lure some votes here thats all ...when it goes to finance ministery for fund i would expect it will be rejected ..

Post a Comment
Market Buzz