Posted by Mabel > 2020-11-02 15:57 | Report Abuse

Namaste,

I believe this bearish sentiments may continue until the US Presidential Election and when Budget 2021 is over..

O&G will continue to dominate the Energy for the next 30 Years. Mabel can wait since Mabel is still young :)

The transition of oil & gas companies from fossil fuels have spurred joint venture partnerships as well as merger and acquisition activities in the renewable sector, with Total tripling its capacity this year. Green agenda activism has accelerated plans to spend a capex of US$200bil by 2030 with almost all majors committing to achieve net zero emissions by 2050 with plans to divest their overseas oil & gas investments. Europe and Japan have committed to this target by 2050 and China by 2060.

So far Mabel Energy Petronas and Yinson have invested in solar. The shift towards renewable energy in Malaysia has already been underway over the past 3 years with Petronas operating 448MW of solar capacity in India and Southeast Asia, and presently developing another 212MW. In Malaysia, Petronas is operating and developing 50MW of solar capacity, part of that to supply to 15 Tesco stores. Amongst local service providers, only Yinson has taken the plunge by investing US$30mil for a 95% equity stake in a Rising Son Energy, which has a 160MW solar farm in Bhadla Solar Park Phase II, Rajasthan, India. Nevertheless, we envisage a slow adoption of renewable projects by local O&G providers given that a large segment is currently burdened by high gearing amid a low oil price environment.

One of the reason why Mabel Technology Greatech is doing so well is because of Renewals Energy. Greatech Technology major revenue comes from the Export Market since Malaysia is too small. Bloomberg predicts that wind and solar will grow to 56% of global electricity by 2050.

Another source of energy is coming from Mabel Plantation using Bio Fuels. That is one of the reason why Palm Oil will breach RM 3300 soon.

Beside Gloves, these type of investments hedge Mabel's Investments in the O&G Sector..

Very happy with my Shopping this morning. Really Mega Deepavali Sales...

Meow Meow Meow

Posted by Mabel > 2020-11-02 16:06 | Report Abuse

@dam82 For LLA Land FGV at the mercy of FELDA and also if FELDA decide to sell FGV with penny in open market but i doubt they will do that ... any other noises coming like Mill FELDA can't do anything unless FGV Board Approve and FELDA cannot vote ...
02/11/2020 1:38 PM

Absolutely dam82

Meow Meow Meow

Posted by Hidup_Anwar > 2020-11-02 16:15 | Report Abuse

1.1 why hard? Anwar PM 9; 1.5-2 even can see?

Posted by strattegist > 2020-11-02 17:53 | Report Abuse

still above rm1...

Posted by dam82 > 2020-11-02 20:17 | Report Abuse

https://malaysiastock.biz/Company-Announcement.aspx?id=1271265

Chill ...

Posted by Mabel > 2020-11-02 21:27 | Report Abuse

Thank you dam82!

Meow

Posted by Mabel > 2020-11-02 21:31 | Report Abuse

@strattegist still above rm1...
02/11/2020 5:53 PM

Still Good as it gives an opportunity to collect today..

Today only the Blue Chips Plantations and Renewable Energy related counters are green. The rest including Gloves are Toast...

FGV only drop 3 cents, unker's PPB drop 30 sen...

Meow..

Posted by Mabel > 2020-11-03 07:05 | Report Abuse

https://www.malaymail.com/news/malaysia/2020/11/02/fgv-wants-felda-to-stop-media-releases-discuss-land-lease-agreement-matter/1918702

The plantation company said its chairman, Datuk Wira Azhar Abdul Hamid, today wrote to Felda chairman Datuk Seri Idris Jusoh informing him that the notice to terminate the LLA was not forthcoming up to this date.

“(Azhar) suggested (for) Felda to stop any further media releases on this matter and to discuss prior to releasing a joint statement on the agreed terms in accordance with the terms and conditions of the LLA,” it said in a filing with Bursa Malaysia today.

Date Settlement Price RM
30 Oct 20 3011
28 Oct 20 3051
27 Oct 20 3065
26 Oct 20 3066

Meow

Posted by Shawalrich87 > 2020-11-03 08:49 | Report Abuse

Fgv official received termination LLA from felda according to independent director. Sure today fly with market sentiment bullish following Dow Jones index rebound ahead the us election.

Posted by strattegist > 2020-11-03 09:34 | Report Abuse

good

Posted by strattegist > 2020-11-03 09:37 | Report Abuse

steady

Posted by hng33 > 2020-11-03 10:34 | Report Abuse

bought FGV at 1.04

Posted by Mabel > 2020-11-03 10:34 | Report Abuse

It's looking good. Mabel is happy that Mabel took the opportunity to collect more yesterday...

All the best FGV and FGV Investors

Meow Meow Meow

Posted by hng33 > 2020-11-03 10:37 | Report Abuse

add margin line to FGV at 1.04

Posted by foreign_fund > 2020-11-03 10:57 | Report Abuse

GE what purpose if win cannot be govn? If US tonight President won cannot be President got meaning voting?

Posted by foreign_fund > 2020-11-03 10:59 | Report Abuse

GE winners only MPs' who got high pay not voters? What for the GE?

Posted by strattegist > 2020-11-03 11:38 | Report Abuse

steady

Posted by strattegist > 2020-11-03 15:23 | Report Abuse

watakungsi..

Posted by ming > 2020-11-03 16:04 | Report Abuse

Pandai main operator ni

Posted by wehcant > 2020-11-03 16:07 | Report Abuse

Bye bye FGV.

Posted by calvintaneng > 2020-11-03 17:42 | Report Abuse

When people say bye bye?

Hmmmm?

Time for Calvin to BUY!!!

Hohoho !!!

Posted by Mabel > 2020-11-03 17:57 | Report Abuse

Absolutely Calvin!

It's looking good..

Meow

Posted by strattegist > 2020-11-03 18:02 | Report Abuse

palakungko..

Posted by Jeffreyteck > 2020-11-04 08:44 | Report Abuse

Probability of agreement termination will determine ST momentum.

Posted by Joe_Biden > 2020-11-04 09:52 | Report Abuse

New boss better eg SM?

Posted by strattegist > 2020-11-04 10:02 | Report Abuse

steady

Posted by drago_7 > 2020-11-04 10:07 | Report Abuse

Buy Buy.... Yummy!

Posted by Shawalrich87 > 2020-11-04 10:08 | Report Abuse

Strong support line at 1.03 and test to break resistance level at 1.05, break at first attempt and down back to 1.03 then will try to break resistance 1.05 again.

Posted by Shawalrich87 > 2020-11-04 10:35 | Report Abuse

I am expect upward trend from this point following positive sentiment on a positive development in termination lease land agreements

Posted by Shawalrich87 > 2020-11-04 10:36 | Report Abuse

Lg TP rm2.

Posted by Joe_Biden > 2020-11-04 10:38 | Report Abuse

1.1 why so hard?

Posted by Joe_Biden > 2020-11-04 10:38 | Report Abuse

1.1 need CPO RM 3.5-4 K?

Posted by strattegist > 2020-11-04 10:45 | Report Abuse

sustain

Posted by hng33 > 2020-11-04 10:49 | Report Abuse

1. LLA termination, compensation range RM 3.5-4.2 billion, worth more than RM 1/share

2. Take over 68 palm mil, worth billion assets, if realize, monetize huge profit from disposal

3. Still 18 month grace period before any deal secure, in short term , FGV net profit will start rebound strongly, on uptrend EPS in accord to CPO price average Q2 RM 2200, Q3 RM 2800, Q4 >RM 3000

4. felda already secure RM 9.9 billion from gov guarantee loan, amy opt to direct take over FGV

5. FGV is only few palm oil company have dual source of commodity profit, CPO and rubber, both now at skyrocket price

Posted by Joe_Biden > 2020-11-04 10:59 | Report Abuse

Dairy division like DLady only can move?

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

Wah ...So nice to have the Upcoming US President in FGV Forum

Welcome Joe!

I saw in CNN you are leading the race. Please help we farmer here to lift FGV Ban in US...

Our Palm Oil is definitely better and cheaper than your Soya and Corn Oil..

Tolong Ya ...

Meow

Posted by hng33 > 2020-11-04 11:33 | Report Abuse

CPO price hike
Rubber price hike

FGV share price should follow up

Posted by strattegist > 2020-11-04 11:42 |

Post removed.Why?

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

staying alive...

Posted by calvintaneng > 2020-11-04 12:03 | Report Abuse

Yahoooo!! Wahaha !!!

Hng33

Listen

Don"t hit and run for Fgv

Like you hit and run making pittance

Hold tight tight for 100% upside !!!

Posted by hng33 > 2020-11-04 12:04 | Report Abuse

biden is leading now at 209 vs trump 112

Posted by GGecko > 2020-11-04 12:12 | Report Abuse

Trump will win. He currently leads in Florida, North Carolina, Texas, Ohio, Georgia, Michigan, Wisconsin and Pennsylvania..the key n swing states. All these will give him about 165 electoral votes. Plus the current 112 he is having. So he will cross 270 first. Biden will lose the election, just like Clinton did 4 years ago. Biden now picks up wins in small small states only. It will be a v closely fought election

Posted by strattegist > 2020-11-04 12:13 | Report Abuse

green

Posted by strattegist > 2020-11-04 12:53 | Report Abuse

sustain

Posted by hng33 > 2020-11-04 13:07 | Report Abuse

If trump win, corporate tax will further decrease, but if biden win, corporate tax will increase, no good for US stock market

However, if biden win, trade war against China may subside, which is good for global market and higher stimulus package is good for US economy

Posted by hng33 > 2020-11-04 13:33 | Report Abuse

if trump win, stock market up

Posted by strattegist > 2020-11-04 14:25 | Report Abuse

Trump is going to win laaa...

Posted by williamtkb > 2020-11-04 14:45 | Report Abuse

Yeah... Going to Win already. Buy more before gap up？

Posted by Shawalrich87 > 2020-11-04 15:26 | Report Abuse

@mabel you should look at perspective of chart analysis before give out recommendation, in stock we don't rely on the fundamental and edge competition.

Posted by williamtkb > 2020-11-04 15:26 | Report Abuse

Looks like Trump Win fgv turn red. More selling