I agree with you mikecyc: investors should analyse FGV’s previous performance data and argue with facts. Then decide whether is it really worth picking this counter.
FELDA will not let SM be the majority share holder unless politics plays a role in this deal ...why GE is coming up and it will show as if FELDA is not capable .... ego lor ...
CPO record price now ... 2500 will make 500Million profit for FGV remember Azhar so called Chairman letter .... so i would expect privatization or SM buying share substantial share via open market since bulk control by GLC ... interesting.... -----------------------------------------------------------------------------------------------------------------------------------
Through its transformation plan, FGV will correct its legacy issues and restore operational integrity. It is estimated that at an average CPO price of RM2,500 per MT, FGV should be able to earn profit before tax (PBT) of RM1.0 billion a year. All shareholders, especially FELDA will stand to benefit.
Nevertheless, FGV’s existing plantation land bank could be substantially reduced as FELDA is looking to terminate the LLA with FGV. The LLA, which was signed prior to FGV’s flotation exercise in 2012, involves 350,733ha of plantation land that was leased to FGV for 99 years from Nov 1, 2011.
For the LLA termination, FGV’s compensation is to be calculated based on the average profit per mature hectare for the entire leased land (based on its latest audited financial statements at the point of notice) multiplied by the loss of FGV’s future profits.
>> FGV would be compensated for 10 years of future profits should the LLA be terminated less than eight years from the last replanting, or five years of future profits should the agreement be terminated more than eight years after the last replanting.
The LLA termination would leave FGV with 88,497ha of plantation land and 68 palm oil mills.
With regards to the above, FGV would like to present the following facts:
• When the LLA was signed in 2011, the price of crude palm oil (CPO) was at around RM3,000/ tonne and the projected income of FELDA (through LLA) used the price of RM2,800/ tonne. CPO pricing plays the most important role in determining the company’s profit or loss. After the IPO in 2012, the payment to FELDA from FGV did not meet FELDA’s projections due to the decline in CPO price.
FGV may not be the most efficient but enjoyed tremendous support from government. Waiving of their loan interest { government subsidy }incurred certainly help their bottom line
Never invest in a business you cannot understand. With high orders backlog until 2023, Mabel believes Gloves Business is a good to be in. This morning, Mabel que for Top Glove at RM 7.31 was matched by panic investors.
Like Mabel said, with or without vaccine Gloves business will prevail.
The lowest price today was at RM 7.29 and it surged as high as RM7.44. Very happy to accumulate at this price as the highest price for Top Gloves this year before the Bonus Issue and Dividend Distribution was RM 28.5 per share. Remember, at that time every investor was chasing for this share.
The difference between Glove and Vaccine company is that Gloves we produced it while Vaccine companies in Malaysia does not produce it, they are just only a distributor. The analogy, Gloves is like an F1 Driver seating in the Driver Seat while Vaccine are like the team supporting the F1 Driver. Here is the best part, Malaysia is the World Leader and World Best when comes to Gloves. China and Thailand are not even close to us..
So this morning Mabel also decided to top up FGV. Mabel que at RM 1.19 and RM 1.18 was matched. Mabel Motivation for collecting FGV is because FGV has both Oil Palm and Rubber Plantations which is important for our Gloves Industry. We are the World No 1 Producer of Gloves, World No 2 Producer of Palm Oil and World No 3 Producer of Rubber.
Thank you for selling these two wonderful gifts to Mabel.
@supersinginvestor @mabel gone mad aldy. Talk.about gloves here..hehe..kuku... Sell fgv n run. 23/11/2020 11:58 AM
HiHiHi....
Didn't know our Man from Unker cannot read...Let me post what I wrote in the 5th paragraph..
So this morning Mabel also decided to top up FGV. Mabel que at RM 1.19 and RM 1.18 was matched. Mabel Motivation for collecting FGV is because FGV has both Oil Palm and Rubber Plantations which is important for our Gloves Industry. We are the World No 1 Producer of Gloves, World No 2 Producer of Palm Oil and World No 3 Producer of Rubber.
Thank you for selling these two wonderful gifts to Mabel.
#supersinginvestor Watever@mabel the kuku smelly cat 23/11/2020 12:10 PM
supersinginvestor dear,
How many times oledi you posted want to leave FGV Forum?
This must be about 20 times oledi...
So Mabel think it could be any of the following Value Proposition below why you keep coming back...
You want perfume?
Go to Mabel Body Shops.. We have 121 Body Shops where you can buy Soaps and perfume to take away your body smell. Our soaps and perfume comes from the finest selection of FGV oil..
You want medicines to stop from barking?
Please visit our TDM Hospital if you need help.. We have great Doctors and nurses to take care of barking dogs at our Medical Centres across the country.
You want something to dry up your period?
Come to FGV. We have the finest selection of Pineapples that money can buy.
You Hungry?
Come to FGV, we have wide selection of rice to feed you..
You want sugar?
Come to FGV, we have wide selection of sugar to feed you..
You want milk?
Come to FGV, we have wide selection of milk to feed you..
You want transportation?
Come to FGV, we have wide selection of logistic to bring you anywhere you want to go
You want labour?
Come to FGV, we have wide selection of labor to help you manage your plantation.
You want mills for your Oil Palm?
Come to FGV, we have 60 mills to help with your PPB Plantation harvest.
You want Mabel?
Cannot lah....nanti my Boyfriend marah.
As you can see, we FGV Farmers here are so sufficient. That's why all of us no need to visit your PPB one...
Si if you no buy.. Just shut up. Stay on the side-line and be our pom pom gay boy..
#supersinginvestor Unker sifu advice u dont buy fgv sell if u have. Buy Mkh...
Mkh Good results Good dividend High nta Low pe Good plantation Good property exposure On strong uptrend. Buy 23/11/2020 1:05 PM
You sure or not unker See Foot
Last time come here, barking aggressively asking us to buy PPB. If we follow you, sure we very angry one.. since then PPB most of the time got period...RED...YOU asked us to buy around RM 19.50 and promoting PPB can go higher..
Luckily Mabel is very smart not to follow you blindly just because you claim you are See Foot Bursa. Mabel usually do homework one before buying. Mummy and Daddy thought Mabel how to play share kow kow when Mabel was a little gal.
Look at PPB price now..how much unker? RM 18.30 today. Most IB are saying the new Target Price is RM 17...Haiyaaa...confirm will miss my Lobster dinner for many moon if Mabel follow you..
Just in case you don't know unker See Foot, PPB group’s suffered a setback across all of its core businesses which is brought about by the Covid-19 pandemic. In particular, the film exhibition and distribution and the property divisions are impacted the most. Mabel opine that the film exhibition and distribution and the property business to remain lossmaking in the foreseeable term.
In Kossan, when apple1234 said you evaluate stock by using water, Mabel thought he was joking. Now Mabel understand what apple1234 really mean...
@supersinginvestor @ok mabel the smelly cat... more lies n stories...u so angry with me ur fgv go down ah? Aiyoyoyo... Talk about ppb..n compare ppb to fgv.u r indeed retarded..i thot u were a rich investor thats why i recommended ppb n utdplnt but u r poor n conman...so u stick to fgv for ur 2 cents profit.. Mabel n her gang of smelly lying cats 23/11/2020 1:53 PM
Mabel never say Mabel Rich Mah..
Mabel buy Value Stocks. Mabel KLK is much actually higher than your PBB Mah...
UTDPLT and CT is still under Mabel watch list..Wait lah..as you said Mabel is poor...so Mabel need to cash in first when FGV breaches RM 2 first lah..
So the more you talk down on FGV, the more lambat I will buy your UTDPLT..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mikecyc
47,016 posts
Posted by Mikecyc > 2020-11-22 12:54 |
Post removed.Why?