FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

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Last Price

1.09

Today's Change

+0.01 (0.93%)

Day's Change

1.08 - 1.09

Trading Volume

104,900


35 people like this.

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

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-12-08 12:33 | Report Abuse

Wahaha

Fcpo Dec 2020 reached new high of Rm3700 right now

Bull run for Fgv now unstoppable !!!

strattegist

23,459 posts

Posted by strattegist > 2020-12-08 13:32 | Report Abuse

green

Sumalia

349 posts

Posted by Sumalia > 2020-12-08 14:30 | Report Abuse

Breaking 1.35 and beyond !!!!

strattegist

23,459 posts

Posted by strattegist > 2020-12-08 14:52 | Report Abuse

steady

Poh Chye

46 posts

Posted by Poh Chye > 2020-12-08 15:08 | Report Abuse

Calvin, I not with interest your comment on warrants and gloves, how the IB Banks try to contain losses by pushing down the mother share. Could it be happening to FGV as I see a lot of warrants goin to be in the money. Your thoughts

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-12-08 15:29 | Report Abuse

Poh Chye

yes, I think IB Banks also afraid Fgv might go up to high as their call warrants might cause them losses just like in golves

But this is part of risk they have to take

Most years they made obscene monies when call warrants expire out of money

So losing a little should be fair game for them

They should not play dirty all the time

In any case The Strong UPTREND of Cpo holding Firmly above Rm3000 will show up in the next quarter result of Fgv

For those who can buy Fgv mother and hold longer term got good opportunity to enter now

strattegist

23,459 posts

Posted by strattegist > 2020-12-08 16:10 | Report Abuse

sustain

ming

2,081 posts

Posted by ming > 2020-12-08 16:18 | Report Abuse

Apa macam,.. suspend jor

Poh Chye

46 posts

Posted by Poh Chye > 2020-12-08 16:18 | Report Abuse

Thanks for your input Calvin. Previously, when CPO at 3,400 back in 2017, FGV >2.0. Now with CCPO at 3,600 it is at 1.28. if I am a Felda settler, I will be very unhappy with the way FGV is managed.

Sumalia

349 posts

Posted by Sumalia > 2020-12-08 16:19 | Report Abuse

Ya why suspended ??

ks5S

4,601 posts

Posted by ks5S > 2020-12-08 16:20 | Report Abuse

apa hal.. suspend kar ?
apasai warna fgv sudah tukar ?

MrJ888

23 posts

Posted by MrJ888 > 2020-12-08 16:20 | Report Abuse

omg, out of the blue why suspended?

ks5S

4,601 posts

Posted by ks5S > 2020-12-08 16:21 | Report Abuse

privatise kar ?

ming

2,081 posts

Posted by ming > 2020-12-08 16:22 | Report Abuse

Sm buy over xD

Fgv glove xD

Fgv vaccine xD

ks5S

4,601 posts

Posted by ks5S > 2020-12-08 16:24 | Report Abuse

nasib baik tarak jual fgv
nanti limit up pulak

Kengor

184 posts

Posted by Kengor > 2020-12-08 16:27 | Report Abuse

suspended man good or bad

ks5S

4,601 posts

Posted by ks5S > 2020-12-08 16:28 | Report Abuse

mungkin durian runtuh

dam82

2,201 posts

Posted by dam82 > 2020-12-08 16:37 | Report Abuse

Bad news pula .

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-12-08 16:49 | Report Abuse

Something very good coming for

Forever
Good
Value

dam82

2,201 posts

Posted by dam82 > 2020-12-08 17:11 | Report Abuse

What the suspense ?

Posted by BryanLaw > 2020-12-08 17:16 | Report Abuse

Why suspended??

davidkkw79

5,068 posts

Posted by davidkkw79 > 2020-12-08 17:17 | Report Abuse

FBI investigation of corruption again

dam82

2,201 posts

Posted by dam82 > 2020-12-08 17:19 | Report Abuse

The last time its suspended went as penny stock lor

strattegist

23,459 posts

Posted by strattegist > 2020-12-08 17:40 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2020-12-08 17:40 | Report Abuse

be patient

strattegist

23,459 posts

Posted by strattegist > 2020-12-08 17:41 | Report Abuse

kebun sawit okay...

Eurus1973

600 posts

Posted by Eurus1973 > 2020-12-08 17:42 | Report Abuse

Good or bad news?????

Mabel

23,929 posts

Posted by Mabel > 2020-12-08 17:51 | Report Abuse

Put my queue before market open..

After market close thought I can collect more

All my BIDs all got deleted..Suspended..

I hope it;s good news..

gndthx

57 posts

Posted by gndthx > 2020-12-08 17:52 | Report Abuse

Felda ups stake in FGV to 35.12%, proposes to take FGV private at RM1.30 a share

https://www.theedgemarkets.com/article/felda-ups-stake-fgv-3512-proposes-take-fgv-private-rm130-share

ks5S

4,601 posts

Posted by ks5S > 2020-12-08 17:55 | Report Abuse

takeover 3.00

ks5S

4,601 posts

Posted by ks5S > 2020-12-08 17:57 | Report Abuse

first round offer 1.30
2nd round offer 2.30

Mabel

23,929 posts

Posted by Mabel > 2020-12-08 17:57 | Report Abuse

FGV trading was suspended at 4.14..Lots of Investors were still buying..Let's hope it's a good news..

ks5S

4,601 posts

Posted by ks5S > 2020-12-08 17:57 | Report Abuse

final round 3.00

Super

13 posts

Posted by Super > 2020-12-08 17:59 | Report Abuse

Felda ups stake in FGV to 35.12%, proposes to take FGV private at RM1.30 a share

dam82

2,201 posts

Posted by dam82 > 2020-12-08 18:01 | Report Abuse

WTF 1.30 ?

Keyman188

5,968 posts

Posted by Keyman188 > 2020-12-08 18:03 | Report Abuse

Offer price unable justified by upcoming fruitful results...

Definitely NOT fair......

Better reject the offer......

Mabel

23,929 posts

Posted by Mabel > 2020-12-08 18:05 | Report Abuse

#ks5S final round 3.00
08/12/2020 5:57 PM

I like your thinking

FGV Fair Value is RM 3.00?

first round offer 1.30
2nd round offer 2.30
Final round 3.00

Meow Meow Meow

ming

2,081 posts

Posted by ming > 2020-12-08 18:05 | Report Abuse

This wan really “eat full too free”.. wasting time

Rm 1.30 pun dare to offer.. who will sell u ?

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-12-08 18:05 | Report Abuse

Let Calvin give some pointers or else people start thinking stray thoughts ok

here you go:

1. Felda wants back its lands from Fgv. Fgv expects high compensation due to billions spent on replanting old palm trees and Fgv got 68 mills worth Rm60 millions each

so there is still ongoing discussion

2. Govt in budget speech mentioned Felda by name and gave Felda Rm400 millions free money (at the same time exactly Rm400 mil was contributed by Top Gloves and others

Why out of 1,000 Klse co Felda is the chosen one ?

3. Syed Moktar showed interest by official letter to Fgv to inject Tradewind plant into Fgv.
This was not accepted initially but no further confirmation

And Fgv last quarter profit showed a strong turn around of excellent 3.8 sen profit

That was when Cpo was around Rm2,500 a tonne. Now Cpo crossed Rm3600 and rubber up 50% the fortunes of Fgv turning increasingly brighter and better

Now is suspension time

What is in Store for shareholders ?

Some guesses

Tmakmur buy call Rm1.38.
Tmakmur Taken private by Agong at Rm1.90

Kulim buy call was Rm2.50
Taken private by Johor Corp for Rm4.10

Kwantas was 50 (many quarter losses )
offered to take private at Rm1.65

Will Fgv be taken private?

That is not sure yet.
So await a favorable outcome

Regards
Calvin

ks5S

4,601 posts

Posted by ks5S > 2020-12-08 18:07 | Report Abuse

1st offer test water
tomorrow lets limit up

Mabel

23,929 posts

Posted by Mabel > 2020-12-08 18:08 | Report Abuse

Brilliant ks5S and Calvin!

Mabel loves your positive thinking..

Meow Meow Meow

Harris76

34 posts

Posted by Harris76 > 2020-12-08 18:10 | Report Abuse

At least RM2.80

pineapple123

2,472 posts

Posted by pineapple123 > 2020-12-08 18:22 | Report Abuse

Tomorrow limit DOWN ah. 1.30 sales kah???

FELDA JIAKLANG

amateurJR

2,366 posts

Posted by amateurJR > 2020-12-08 18:26 | Report Abuse

Calvin, privatise at such cheap price? LOL

dam82

2,201 posts

Posted by dam82 > 2020-12-08 18:33 | Report Abuse

They basically screwed everyone

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-12-08 18:35 | Report Abuse

Cannot lah

See Rubberex offered a very low privatisation price but shares of rubberex kept going up

Kbunai was offered to be taken private around 5 sen which nobody accepted

Then Kbunai was finally taken private at 11 sen up 100%

So wait and see

Meanwhile if got anything below Rm1.30 just buy more

The offer is from Felda as it is not registered with Bursa

Only Fgv is listed under Bursa so we wait for the correct official announcement later

In any case Ipo price was over Rm4.00

All 30 Top holders expect more

Mabel

23,929 posts

Posted by Mabel > 2020-12-08 19:04 | Report Abuse

Calvin is smart..

When cycle and carriage want to go private they offer very lucrative price which was higher than the prevailing price..

Unfortunately some of the shareholders got very greedy and offer very high price..

So cycle and carriage did not proceed with the privatisation plan..

Either way for me, I'm also OK..

Meow

Mabel

23,929 posts

Posted by Mabel > 2020-12-08 19:06 | Report Abuse

#pineapple123 Tomorrow limit DOWN ah. 1.30 sales kah???

RM 1.30 sure no issue.. Felda can only take the Pineapples Plantation..

Rest remain in FGV..

Meow

dam82

2,201 posts

Posted by dam82 > 2020-12-08 19:11 | Report Abuse

FELDA still need minority approval since KWAP or Urusharta out of picture ..all should reject this nonsens ... what i understand FELDA bought 1.30 from both of the fund so question is how much they will pay for the remaining .. commen sense 1.29 but offer 1.30 its a joke ..

Letsfly

336 posts

Posted by Letsfly > 2020-12-08 19:27 | Report Abuse

Alot of suspense! Go big or go home... Only 2 outcomes.

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