Posted by Letsfly > 2021-01-06 21:17 | Report Abuse

historical high :) the plant bull cannot be stopped :)

Posted by Mabel > 2021-01-06 23:03 | Report Abuse

#Mikecyc Haha lets hear some TG music ... mabel understand to dance ke ..
04/01/2021 10:06 AM

Still waiting patiently to top up at RM 4 ..Mabel Blonde Hair that has already turned WHITE waiting for RM 4..

Where? Where? Where?

Tansri checkmated the shorties with special dividend . If still come then go 90% and shortie become humdy dumdie have a great fall

In consideration of the good profit performance and strong cash flow, and to reward its shareholders, *the Board of Top Glove* has committed to a Special Dividend of 20%, in addition to its existing dividend policy of a 50% dividend payout ratio on PATAMI, for 2nd Quarter to 4th Quarter of Financial Year 2021. The total 70% dividend payout ratio on PATAMI will commence from 2nd Quarter of FY2021.

So Yummy...

Mabel Digi gives 90 % dividend.. So Yummy...

FCPO close at RM 4040...So Yummy

What more can Mabel ask?

Nice Angpow to recolour Mabel WHITE Hair back to BLONDE for CNY

MEOW MEOW MEOW MEOW

Posted by Lukey_Greek > 2021-01-06 23:13 | Report Abuse

Quoted the following from CGS-CIMB startegy note dated 5th Jan 2021:

"Interestingly, FGV emerged as the top buy list of foreign investors last week after FELDA's takeover offer for FGV at RM1.30 per share became unconditional."

Now we know who are the main buyers after the privitisation news.

Wait for the good show on the fight between felda and foregn investors on the privitisation. Dont forget the CPO now stands above RM4k for both Jan & Feb future contract.

Posted by MuttsInvestor > 2021-01-07 00:27 | Report Abuse

https://martintfwong.com/2021/01/06/crude-palm-oil-futures-breach-rm3800-mark/ ... Jan 2021 at Rm 4,040 .. Feb 2021 at Rm 4,017.

Posted by MuttsInvestor > 2021-01-07 00:29 | Report Abuse

But more Important is .... Supply and Stocks( In reserve ) ........ "" Based on the SPPOMA data, he said the local CPO production fell 66.57 per cent for the Jan 1-5,2021 period compared with figures for Dec 1-5,2020 period. """ ......................... Holding above Rm4k looks possible.

Posted by calvintaneng > 2021-01-07 05:52 | Report Abuse

Rm4k?

Cpo at Rm4.5k to Rm5k now in sight as we enter once a decade superbull for palm oil

Posted by williamtkb > 2021-01-07 06:32 | Report Abuse

Political unstable again. Privatization might GG.

Posted by Letsfly > 2021-01-07 09:27 | Report Abuse

4.5k next target hohoho lets ride this rocket to the stars :D

Posted by UlarSawa > 2021-01-07 10:55 | Report Abuse

FGV stand for Forever Good Value. KLCI red few days already FGV still solid. Correct?

Posted by strattegist > 2021-01-07 11:31 |

Post removed.Why?

Posted by strattegist > 2021-01-07 11:31 | Report Abuse

steady

Posted by UlarSawa > 2021-01-07 12:06 | Report Abuse

dia lonely lah pasal makwa dia dicuri oleh naga. looking for Naga everywhere. dia nampak ular macam naga pasal ular pun sama rupa juga. ada kepala ada badan dan ekor. Naga pun sama juga tapi dia mata ada sikit rabun. tak nampak naga ada kaki tapi ular tak kaki. Itu pasal masuk kebun sawit FGV cari naga. kena pukul oleh tuan kebun sawit FGV. Padan muka dia. Betul?

Posted by Undi_PKR > 2021-01-07 12:11 | Report Abuse

CPO, rubber up why no up? PN Govn is backdoor so must con?

Posted by limkokthye > 2021-01-07 16:10 | Report Abuse

https://www.bharian.com.my/berita/politik/2021/01/773459/muafakat-nasional-selesai-bahagi-separuh-kerusi-pru-15

Posted by limkokthye > 2021-01-07 16:11 | Report Abuse

the dust is finally settle down

Posted by UlarSawa > 2021-01-07 16:52 | Report Abuse

solid again. Correct?

Posted by drago_7 > 2021-01-07 17:23 | Report Abuse

Anything must wait until January 26 when the offer date will expire (21 + 14 days)

Posted by strattegist > 2021-01-07 17:29 | Report Abuse

solid molid..

Posted by strattegist > 2021-01-07 17:30 | Report Abuse

correct correct correct..

Posted by Poh Chye > 2021-01-07 18:07 | Report Abuse

How do you accept or reject the offer?

Posted by Harris76 > 2021-01-07 19:05 | Report Abuse

I rejected. Currently hold 50% and trying to increase to 75%

Posted by UlarSawa > 2021-01-07 22:58 | Report Abuse

now counting day and nite. very soon the day will come. Big Day will come. Correct?

Posted by strattegist > 2021-01-07 23:02 | Report Abuse

correct correct correct..

Posted by williamtkb > 2021-01-07 23:09 | Report Abuse

Lesser buyers already. Most people will not accept the low offer price as some bought rm5。that's why I sold in open market and collect back later @rm1

Posted by UlarSawa > 2021-01-07 23:38 | Report Abuse

Are you sure. we are wtg higher offer price from felda. Rm1.30 not the highest felda can offer. 3.9bil budget only offer 3.15bil at rm1.
30. Let see felda really want to keep fgv remain listed or not. Correct?

Posted by Letsfly > 2021-01-07 23:53 | Report Abuse

@Poh Chye, you get the letter from FGV to accept, you take the letter shred it/burn it/ let it decompose

Posted by Mabel > 2021-01-08 01:00 | Report Abuse

What letter?

I have burned the letter...

Quoted the following from CGS-CIMB startegy note dated 5th Jan 2021:

"Interestingly, FGV emerged as the top buy list of foreign investors last week after FELDA's takeover offer for FGV at RM1.30 per share became unconditional."

Now we know who are the main buyers after the privitisation news.

Wait for the good show on the fight between felda and foregn investors on the privitisation. Dont forget the CPO now stands above RM4k for both Jan & Feb future contract.

Meow Meow Meow

Posted by CAWALLUK > 2021-01-08 05:01 | Report Abuse

Considering palm oil is now over RM4,000 and that Goldman Sachs have forecast all commodities
apart from wheat will increase greatly in price in 2021, anyone willing to accept a measly RM1.30
must be mad. Palm oil will also get a boost when oil prices really take off when the vaccine is rolled out world wide.

Posted by Undi_PKR > 2021-01-08 07:42 | Report Abuse

Even CPO 4K, 5K FGV stuck at 1.29 bec govn is backdoor not voted?

Posted by Mikecyc > 2021-01-08 08:50 |

Post removed.Why?

Posted by strattegist > 2021-01-08 09:37 | Report Abuse

relax

Posted by UlarSawa > 2021-01-08 10:22 |

Post removed.Why?

Posted by calvintaneng > 2021-01-08 10:25 | Report Abuse

Very good morning all

Singapore Wilmar already crossed Rm5.00

If not for Felda capping Fgv at Rm1.30 in Malaysia . Fgv by now should be Rm1.50 or more

okok

since got other LAGGARDS to buy

stay invested in plantation stocks


now Supermax great results will be out soon

Anyone still holding gloves if up alot

Just sell gloves into rebound and buy more
LAGGARDS palm oil

Posted by Mabel > 2021-01-08 11:04 | Report Abuse

Based on the latest development (Stand to be corrected)

Quoted the following from CGS-CIMB strategy note dated 5th Jan 2021:

"Interestingly, FGV emerged as the top buy list of foreign investors last week after FELDA's takeover offer for FGV at RM1.30 per share became unconditional."
Here are the list that is not in the above list.

These shareholders own about 33.29 % of the company

Ownership Name Shares Current

1.67% The Vanguard Group, Inc. 61,089,307 MYR78.2m
1.01% Kin-Yan Tan 36,884,500 MYR47.2m
0.88% Hong Leong Asset Management Bhd 32,115,000 MYR41.1m
0.81% CIMB Group Holdings Berhad, Asset Management Arm 29,381,600 MYR37.6m 0
0.78% Dimensional Fund Advisors L.P. 28,540,500 MYR36.5m
0.72% BlackRock, Inc. 26,221,900 MYR33.6m 12.55%
0.57% Ekuiti Yakinjaya Sdn Bhd 20,869,113 MYR26.7m
0.56%Principal Global Investors, LLC 20,516,300 MYR26.3m
0.51% State Street Global Advisors, Inc. 18,486,600 MYR23.7m
0.45% Yayasan Islam Terengganu, Endowment arm 16,455,100 MYR21.1m
0.4% AMMB Holdings Bhd, Asset Management Arm 14,746,000 MYR18.9m
0.32% Teachers Insurance and Annuity Association of America - College Retirement Equities Fund 11,751,200 MYR15.0m
0.081% Standard Life Aberdeen plc 2,968,000 MYR3.8m
0.072% Charles Schwab Investment Management, Inc. 2,637,900 MYR3.4m
0.064% First Trust Advisors L.P. 2,319,300 MYR3.0m 0%
23.6% Mabel and Team (Retailers) 860,928,000 shares
12.56 % Foreign Fund buying from 23 December at RM 1.27 upwards 458,331,100 shares

Total No of Shares from Private Investors 1,672,781,920 (45.9%)
Total No of Shares from Felda and Team 1,975,218,080 (54.1%)

Based on general consensus Felda need 90% share holding instead of 75% for complete take over..

Remember, the Cash-strapped FELDA has been looking to issue debt papers to help solve its woes. The green light for a government-guaranteed sukuk was obtained about two months ago. The potential sukuk issue of RM9.9 billion will largely be used to settle existing borrowings, according to Tan Sri Abdul Wahid Omar, who is chairman of a task force set up by the government to revive FELDA.

At a press conference on FELDA’s termination of its land lease agreement with FGV at end-October, Abdul Wahid said, “A chunk of the proceeds of the sukuk will be for the repayment of existing borrowings, and some for working capital.”

To put things into perspective, FELDA has amassed debts of RM10.2 billion.

Still want to go for Privatisation?

Meow

Posted by strattegist > 2021-01-08 12:10 | Report Abuse

relax

Posted by Mabel > 2021-01-08 12:23 | Report Abuse

Summing up on FGV

The term Economic MOAT popularized by Warren Buffett, refers to a business' ability to maintain competitive advantages over its competitors in order to protect its long-term profits and market share from competing firms.

FGV has these MOAT...

1. FGV is the 3rd largest producers of Crude Palm Oil (CPO) in the world

FGV Palm Upstream business is the largest revenue generator and forms the core of the FGV Group. We manage a total land bank of 439,725 hectares in Malaysia and Indonesia, producing approximately 3 million metric tonnes (MT) of CPO annually.In Malaysia, we have 197 estates located in Selangor, Perak, Pahang, Negeri Sembilan, Johor, Terengganu, Kelantan, Sabah and Sarawak. Meanwhile in Indonesia, our plantation activities are focused in 5 estates located in Central and West Kalimantan. Currently, FGV owns 68 mills across Malaysia, processing over 14 million MT of Fresh Fruit Bunches (FFB) annually, where two-thirds of the FFB are sourced from FELDA settlers and independent smallholders.

2. Trading all over the World

We deliver vegetable oils, processed palm oil and lauric oil to local markets and 200 export destinations such as China, Pakistan and India

3. Palm Oil Downstream

FGV flagship household brand SAJI, has a domestic market share of 34% in the cooking oil segment and has successfully penetrated the cooking oil market in Myanmar, Philippines, Laos, Cambodia, Vietnam and Afghanistan.

4. Rubber Industries

FGV Rubber Industries is one of the largest SMR producers in Malaysia with four factories in Malaysia, latex concentrate factory in Thailand and Cambodia. 60,000 hectares of Plantations. Clients include world-class and global tyre manufacturers such as Michelin, Continental, Bridgestone, Kumho, Goodyear, Giti, Toyo Rubber

5. Renewal Energy

World’s only palm plantation company with 28 biogas plants and first to develop a palm based Bio-Compressed Natural Gas (Bio-CNG) plant

6. World Class Logistics

One of the world’s largest bulking/storage business possesses and modern storage facilities for edible oil with a total capacity of more than 900,000 MT through our 12 liquid terminals located in Malaysia, Indonesia and Pakistan.

7. Integrated Farming

In FGV, Integrated Farming leverages on the palm-based circular economy that taps into the lucrative synergies presented by the Group’s extensive palm oil operations. The business components for Integrated Farming include cash crops, paddy and rice, animal nutrition and protein, livestock and dairy farming.

8. Sugar Business

MSM’s annual production capacity reaches 2.25 million metric tonnes of refined sugar for the domestic and export markets. In 2019, MSM produced 1,073,888 tonnes of refined sugar, of which about 83,341 tonnes are catered for the export market.

9. Research and Development

FGV owns one of the largest oil palm research centres in Southeast Asia, positioning itself as the leader of innovation and scientific research in the oil palm industry.

10. Hugh Land Banks

439,725 hectares of Palm Oil Land and 60,000 hectares of Rubber Land that has low book value compare to the current market rate. Hugh Lands which cut across ECRL and HSR Routes.

11. Potential right back RM 700 million from APL ventures.

12. FCPO JAN 2021 NOW REACHED RM40000. GOING UP LIKE BALLISTIC MISSILE. Yesterday, all 12 Mabel Plantation (including Wilmar PPB) did well..

These are potential boosters to support FGV value. That's why Mabel and FGV Supporters are here. FGV is Full of Golden Value..

Meow

Posted by UlarSawa > 2021-01-08 15:27 | Report Abuse

fgv solid. market bad but fgv still fetch good value. Correct?

Posted by strattegist > 2021-01-08 16:56 | Report Abuse

correct correct correct

Posted by DickyMe > 2021-01-08 17:01 | Report Abuse

Despite being world leader in producing palm oil, locals are finding it hard to get palm oil based cooking oil.

It is getting more expensive by the day.

It is high time the government impose higher tariff on palm oil export.

"Jaga anak sendiri sebelum menyusukan kera di mana-mana..."

Posted by calvintaneng > 2021-01-08 21:09 | Report Abuse

Wahaha

Waiting for My final Kossan to power up further and then


And then?

And say sayonara to glove and SELL ALL INTO FINAL EUPHORIA AND KABOOM


THEN ALL IN CPO STOCKS


NO TURNING BACK NOW!!!

AHEAD IS PALM OIL SUPERULL TIME

Posted by UlarSawa > 2021-01-08 21:09 | Report Abuse

CPO increase price harga minyak masak of course mau naik lah. correct?

Posted by Mabel > 2021-01-08 21:26 | Report Abuse

Correct Correct Correct!

Posted by calvintaneng > 2021-01-09 10:11 | Report Abuse

Happy morning all

Yesterday Soybean prices in USA closed above Usd13.70 to yet another new high due to very dry weather in South America

La nina is here with uneven weather on earth

Floods in Malaysia will deplete cpo stocks and drought will decimate Soybean crops in Brazil and Argentina

Leading to huge shortfall and panic buying later

Palm oil bull is now on course to run for all the months of 2021

Posted by Mabel > 2021-01-09 10:44 | Report Abuse

Meow Meow Meow Calvin

Posted by stockraider > 2021-01-09 12:51 | Report Abuse

Why the rally on cpo is sustainable leh ??

If u check the cpo spot & future from Jan 2021 to Dec 2021 all prices are above Rm 3000 until November 2021 & only December 2021 is slightly below Rm 3000 but still consider high at around Rm 2970 per tonnes.

For your info, when palmoil is average rm 2500, all the palmoil plantations make good profit mah...!!

Thus the good profit of palmoil company is sustainable very good & the average palmoil price should easily exceed average rm 3000 for 2021 mah...!!

Like calvin sifu says there are Great Safety In Palm Oil Shares loh!


Posted by calvintaneng > Jan 9, 2021 11:49 AM | Report Abuse

Cpo reaching Rm4000

Moving up to Rm4500 and Rm5000 range due to la nina

Hide in great safety of palm oil shares

Posted by UlarSawa > 2021-01-09 12:55 | Report Abuse

the higher the cpo price the harder felda want to privatise fgv. No higher offer it bound to fail. we wait until felda offer higher price. Correct?

Posted by stockraider > 2021-01-09 13:00 | Report Abuse

That is what we want mah....!!

Felda to pay higher privatization offer price like Rm 1.60 to Rm 1.90 mah!

Posted by UlarSawa > Jan 9, 2021 12:55 PM | Report Abuse

the higher the cpo price the harder felda want to privatise fgv. No higher offer it bound to fail. we wait until felda offer higher price. Correct?

Posted by UlarSawa > 2021-01-09 13:10 | Report Abuse

I predict it will be at the lower end of your offer range due to budget constraint. Correct?

Posted by calvintaneng > 2021-01-09 14:49 |

Post removed.Why?

Posted by strattegist > 2021-01-09 16:11 | Report Abuse

relax