Posted by dam82 > 2020-11-17 10:20 | Report Abuse

Biler QR ...MSM gone case ..how FGV QR ?

Posted by Mikecyc > 2020-11-17 10:33 |

Post removed.Why?

Posted by Mikecyc > 2020-11-17 10:33 |

Post removed.Why?

Posted by Mikecyc > 2020-11-17 10:35 |

Post removed.Why?

Posted by Mikecyc > 2020-11-17 10:37 |

Post removed.Why?

Posted by Mikecyc > 2020-11-17 10:42 |

Post removed.Why?

Posted by calvintaneng > 2020-11-17 10:43 | Report Abuse

Tupai Mikecyc Suka makan fgv

Posted by Mikecyc > 2020-11-17 10:44 | Report Abuse

Government will be more focus n priority on Felda settlers welfare during these periods as to prepare for netx General Election loh ...

Posted by Mikecyc > 2020-11-17 10:53 |

Post removed.Why?

Posted by Mikecyc > 2020-11-17 10:55 |

Post removed.Why?

Posted by firehawk > 2020-11-17 11:07 | Report Abuse

dam82 Biler QR ...MSM gone case ..how FGV QR ?
17/11/2020 10:20 AM

FGV holding how much MSM?

Posted by hng33 > 2020-11-17 12:01 | Report Abuse

FGV hold MSM 51% stake, the impairment loss incur in MSM will accord about RM 38m loss after minus minority interest. These amount of loss RM 38m will mitigate by the fact that FGV in Q2 also incur impairment loss RM 20m in its rubber plant in Cambodia.

Therefore, upcoming Q3 result will not much affected as FGV profit is most affected by movement in CPO price + FFB production + palm mil utilization rate. Each of these 3 factors much in line to boosts FGV real profit contribution.

Some may augur why in Q1, FGV also incur loss despite high CPO price above RM 2800, these is because in earlier Q1, FGV FFB production at much low level -33%, and its palm mill also process much less FFB, resulted higher cost CPO production cost. In additional, some of its palm mill also force to closed for 2 month during CMO in Mar and April.

Posted by strattegist > 2020-11-17 12:15 | Report Abuse

cool

Posted by hng33 > 2020-11-17 12:20 | Report Abuse

FGV report plantation profit in Q2 2020 = RM 47m
FFB Production volume : 1.19 million MT
CPO price: RM 2309 MT
unharvest FFB loss 79k MT in Q2 due to movement control order
Impairment loss due to ease rubber mill in Cambodia = -RM 20m

FGV report plantation profit in Q2 2019 = -RM 54m
FFB Production volume : 1.15 million MT
CPO price: RM 1955 MT


FGV report swing plantation profit from loss -RM 54m to profit +RM 47m, a massive swing of RM 101m, due to CPO price increase RM 354 MT and 0.04MT increase in FFB production. If take into account impairment loss RM 20m and unharvest FFB loss impact, the swing in plantation profit will be more than RM 121m


Therefore, based on FGV production FFB and CPO price in Q3, FGV should report improvement in CPO price RM 491 MT and higher FFB production by 13% to give total profit RM 190m, EPS 5.2sen. However, if take into account MSM 51% share of loss RM 38m, the profit estimate will adjust down to RM RM 152m, or EPS 4.2sen

FFB Production volume in Q3 2020: 1.345 million MT
CPO price in Q3 2020: RM 2800 MT
MSM 51% share of loss : - RM 38m

Posted by Letsfly > 2020-11-17 12:33 | Report Abuse

Any idea when qr will release??

Posted by hng33 > 2020-11-17 12:42 | Report Abuse

The date of release result is given by investment bank. FGV is expect to release Q3 result today, 17 Nov

Posted by Letsfly > 2020-11-17 13:12 | Report Abuse

wow.. they releasing slightly earlier than normal if its today.. should be good news :D

Posted by dam82 > 2020-11-17 13:24 | Report Abuse

fantastic ....

Posted by strattegist > 2020-11-17 13:34 | Report Abuse

sustain

Posted by strattegist > 2020-11-17 13:35 | Report Abuse

superb result

Posted by dam82 > 2020-11-17 13:35 | Report Abuse

Meanwhile, FGV was granted a rice wholesale license from the Ministry of Agriculture and
Food Industries (MAFI) .. another bernas in making ..

Posted by free2invest > 2020-11-17 13:44 | Report Abuse

Wow! good result for the plantation business now.

Posted by hanafi9670 > 2020-11-17 13:45 | Report Abuse

untung suda...Rm100million ++....

Posted by stevenckheng > 2020-11-17 13:46 | Report Abuse

hmm how come FGV profit margin so low ? feeding all the cronies ?

Posted by hanafi9670 > 2020-11-17 13:47 | Report Abuse

sabar lah...lama2 naik lagi untung...this is turn around company ler

Posted by free2invest > 2020-11-17 13:48 | Report Abuse

Why you keep asking people to sell? No way you can get the cheap price.....buy at higher price now la...hahaha

Posted by ming > 2020-11-17 13:54 | Report Abuse

This called turnaround

Posted by free2invest > 2020-11-17 13:55 | Report Abuse

Then you don't buy lor...and think it is sour grape.

Posted by ming > 2020-11-17 13:55 | Report Abuse

Nx quarter result will reflect for higher cpo price than this

Posted by calvintaneng > 2020-11-17 13:57 | Report Abuse

FGV (5222) FANTASTIC RESULT OUT. 3.8 SEN THIS QTR. ANNUALIZED 15.2 SEN. IF P/E 30 THEN RM4.56, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-11-17-story-h1536463810-FGV_5222_FANTASTIC_RESULT_OUT_3_8_SEN_THIS_QTR_ANNUALIZED_15_2_SEN_IF_P.jsp

Posted by free2invest > 2020-11-17 13:58 | Report Abuse

Forth quarter results will be even better, viewing current CPO price broke 3,000 level.

Posted by hng33 > 2020-11-17 14:03 | Report Abuse

Good result, gross profit match my estimation

Posted by DreamCruiser > 2020-11-17 14:03 | Report Abuse

No movement at all

Posted by free2invest > 2020-11-17 14:04 | Report Abuse

@Supersinginvestor...you sell la.....a lot of buying queuing at higher now la

Posted by DreamCruiser > 2020-11-17 14:04 | Report Abuse

Lagi tidor juga kah

Posted by strattegist > 2020-11-17 14:05 | Report Abuse

bloody bz body... coming back and barking crazily...

wooooffff woooooofffff wooooofffff...

really mad dog laaaa woiiiii

Posted by DreamCruiser > 2020-11-17 14:05 | Report Abuse

Still hibernating juga kah

Posted by DreamCruiser > 2020-11-17 14:05 | Report Abuse

What la

Posted by DreamCruiser > 2020-11-17 14:05 | Report Abuse

Apa daah

Posted by hanafi9670 > 2020-11-17 14:05 | Report Abuse

petang ni naik roket

Posted by DreamCruiser > 2020-11-17 14:05 | Report Abuse

Don't know when going to move

Posted by DreamCruiser > 2020-11-17 14:06 | Report Abuse

No idea

Posted by DreamCruiser > 2020-11-17 14:06 | Report Abuse

No clue at all

Posted by hng33 > 2020-11-17 14:07 | Report Abuse

Bear in mind, FGV only manage to realize average CPO RM 2645 if compared to current CPO price above RM 3300. These windfall profit above 8sen will be reflrect in next Q result

Posted by hng33 > 2020-11-17 14:12 | Report Abuse

Cannot compared revenue to profit margin as FGV also record revenue from loss making MSM, consolidate loss making MSM revenue due to 51% control subsidiary.

A better judgement should single out planation revenue, which is major profit contributor

Posted by hanafi9670 > 2020-11-17 14:12 | Report Abuse

supersinginvestor yes...this company is bad...is a joke...i will sell this evening ok...

Posted by hng33 > 2020-11-17 14:15 | Report Abuse

FGV is one of the cheapest planation stock with Q3 EPS 3.8sen alone in accord to CPO 2645 in Q3, rolling to Q4 result, EPS could surpass 8sen in accord to CPO price >RM 3300

Posted by thesteward > 2020-11-17 14:15 | Report Abuse

Looks like going to fly in afternoon session

Posted by strattegist > 2020-11-17 14:15 |

Post removed.Why?

Posted by hng33 > 2020-11-17 14:20 | Report Abuse

FGV profit is extreme sensitive to movement of CPO price. Invest FGV now, enjoy 2x higher share price once next Q4 result release, which will based on CPO price > RM 3300 if compared to just release CPO price RM 2645.

Share price will move higher if company able to deliver consecutive higher EPS