FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 3 days ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-01-12 18:58 | Report Abuse

sini takda promote kfc. sini bulan lepas bikin promosi FGV FD depository. Sini kfc tak laku. takda orang beratur lah. Takda kupon juga. semua pegang FD slip. mau redeem FD anytime start from today until 2feb 2021. siapa yang mau tunggu last minit pun boleh juga tunggu sampai akhir bulan ini. Betul?

DickyMe

14,740 posts

Posted by DickyMe > 2021-01-12 19:26 | Report Abuse

Fun Facts

* FGV Holdings Bhd’s share price plummeted to a record low yesterday, erasing RM12.63 billion in market value since it became a public company in 2012 and leaving the government-owned planter in tatters.

* When the stock was initially traded then, its share price rushed to as high as RM5.46 or a 20% increase compared to the IPO reference price of RM4.55, making it one of the darlings of the investing community.

* World’s second-largest initial public offering (IPO) in 2012 after Facebook Inc plunged to a market value of just RM3.97 billion compared to about RM16.6 billion when it went public.

* Corruption, questionable corporate dealings, weak earnings and multiple changes in management in recent quarters have dented investor confidence.

*From IPO price RM4.55 to high RM 5.46,this counter created many suckers!

Now going for privatisation at paltry RM 1.30.

So, the dick heads who bought at IPO price of RM 4.55, loses RM 3.25 per share.

birdparadise

1,468 posts

Posted by birdparadise > 2021-01-12 20:28 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-01-12 21:04 | Report Abuse

apalah solution promoter tak faham ke. you ni manusia ke binatang. sudah cakap I bought during promosi bulan lepas after privatisation news keluar. Kita semua buat promosi besar besaran di kebun fgv. read back my posting last month lah. I takda delete macam itu Lambo ex promoter lah. you mau fitnah lagi macam lambo ex promoter kah. Betul?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-01-12 21:10 | Report Abuse

yalah betul tu cakap dickyme. dah lah kena tipu by lanun jual saham 4.55 hanya mau beli balik 1.30. lanun ni. pasal tu kita nak lawan lanun sampai titik saat yang terakhir baru lah surrender. kita semua ada CSR nak tolong pelabur yang tersangkut atas pokok musangking sikit lah. kurang rugi sikit kalau dapat tawaran lebih tinggi dari 1.30. lawan tetap lawan. Betul?

Mabel

23,924 posts

Posted by Mabel > 2021-01-12 21:14 | Report Abuse

Dicky,

Many thanks for the hilarious video. Can't denial that FGV has been subjected to so many scum backs in the past. However, all the cleaning and replanting has been done and I agreed RM 1.30 is a ridiculous price for Privatisation.

Fortunately, Mabel is a Smart Blonde with an average holding of less RM 1.10 as Mabel sapu many FGV Shares especially during March when it was way below RM 1.00.

As discussed, the offer date is until 2nd Feb 2021. We will wait patiently until 31 Jan.

FGV Average trading is 33X than my Blue Chip Plantation KLK, Sime, SOP, IOI Corp, TaaNN and PPB..

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?

Potential is still worth waiting for big capital gain for FGV...

Meow

Mabel

23,924 posts

Posted by Mabel > 2021-01-12 21:19 | Report Abuse

#scenery Ularsawa aka dragonslayer aka buahciko had 20 fake ID to delete ppl posts until nobody can post in Lambo n he provoke Netx ppl to go to Lambo to cause chaos until price to stagnant for 5 mnths, caused ppl lost a lot of money, he also help his cousin Conman Calvin to delete ppl posts in Netx.

11/01/2021 11:44 PM

Ularsawa are you dragonslayer?

If what scenery said is true, we have actually engaged many times in Sapnrg...

What happen to your aiyoo aiyoo.?

Honestly, Ularsawa way of communicating is much better. More direct to the point.

Well done!

Meow

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-01-12 21:29 | Report Abuse

Sister Mabel. nak repeat berapa kali ni. ular tu ada kepala ada badan dan ekor. Naga sama juga tapi naga ada kaki. ular takda kaki. ular tak sama naga. Betul?

birdparadise

1,468 posts

Posted by birdparadise > 2021-01-12 23:06 |

Post removed.Why?

Posted by Anti_banker > 2021-01-13 06:27 | Report Abuse

So must need foreign funds to reject RM 1.3 privatisation price? Local funds useless?

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 10:20 | Report Abuse

relax

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2021-01-13 10:33 | Report Abuse

1.28 why stuck? PN or PM not good?

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 10:43 | Report Abuse

cool

lee9fold

4,730 posts

Posted by lee9fold > 2021-01-13 11:57 |

Post removed.Why?

Poh Chye

46 posts

Posted by Poh Chye > 2021-01-13 12:37 | Report Abuse

today received letter from maybank. if accept reply, don't accept- no action. Let's see the outcome.

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 13:01 | Report Abuse

relax

birdparadise

1,468 posts

Posted by birdparadise > 2021-01-13 13:44 | Report Abuse

Ularsawa sekarang sudah lari to kanger,also do the same thing

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 16:16 | Report Abuse

steady

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-01-13 16:45 | Report Abuse

apa lah. I talk bamboo at kanger pun yau mau complaint kah. Solution promoter. go back solution blow water faster up lah. you come here solution how to up lah. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-01-13 16:46 | Report Abuse

here steady lagi lah. solid like rock lah. correct?

BN_better

991 posts

Posted by BN_better > 2021-01-13 16:46 | Report Abuse

CPO RM 3700, 3800 why FGV 1.29? Govn not BN?

BN_better

991 posts

Posted by BN_better > 2021-01-13 16:46 | Report Abuse

Najib PM FGV >RM 1.5 no problem?

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-01-13 16:47 | Report Abuse

solution promoter apasal tak faham takeover at 1.30 kah. selalu cakap belum 1.30. offer valid until 2feb so far lah. Bising apa. tak tau baca announcement kah. Correct?

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 17:02 | Report Abuse

correct correct correct

lee9fold

4,730 posts

Posted by lee9fold > 2021-01-13 17:45 |

Post removed.Why?

lee9fold

4,730 posts

Posted by lee9fold > 2021-01-13 17:45 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 17:53 | Report Abuse

lee9fold is bangang bahalol, right?...

lee9fold

4,730 posts

Posted by lee9fold > 2021-01-13 17:54 |

Post removed.Why?

amanah

18 posts

Posted by amanah > 2021-01-13 18:00 | Report Abuse

reject offer letter

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 18:04 | Report Abuse

oh, lee9fold tuuu bangang bahalol, oic
u everyday follow behind ularsawa like a mad dog, right?
pergi laaa makan taikkkk, datang kebun sawit buat apa, right?

lee9fold

4,730 posts

Posted by lee9fold > 2021-01-13 18:15 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 18:18 | Report Abuse

lee9fold bangang bahalol, right?
everyday follow bontot ularsawa, right?
makan taikkkkk lee9fold, right?
memang barua niii lee9fold, right?

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 18:19 | Report Abuse

lee9fold anak haramjadah, right?

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 18:21 | Report Abuse

lee9fold u start the fight, right?
u memang bangang bahalol makan taikkkkk, right?

lee9fold

4,730 posts

Posted by lee9fold > 2021-01-13 18:27 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 18:30 | Report Abuse

lee9fold memang haramjadah, right?

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 18:31 | Report Abuse

lee9fold memang bangang bahalol makan taikkkkk, right?

strattegist

23,459 posts

Posted by strattegist > 2021-01-13 18:32 | Report Abuse

lee9fold memang barua, right?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-01-13 19:54 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-01-13 19:55 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-01-13 19:55 | Report Abuse

no wander is not here ...

Mikecyc

45,527 posts

Posted by Mikecyc > 2021-01-13 19:56 |

Post removed.Why?

Posted by Lukey_Greek > 2021-01-13 21:12 | Report Abuse

Decided not to accept the offer & bought another batch of shares at 1.29 today.

If the privatisation fail, the share prices will up another 50% easily cos FGV is the most undervalued plantation stock. If the privatisation go through with Felda manages to own more than 90%, they still oblige to buy back the balance 10% share with the same offer price from us. The offer period normally will be extended for this purpose.

Mabel

23,924 posts

Posted by Mabel > 2021-01-13 21:25 | Report Abuse

Haha Mickey ...

How bad is your bleeding?

Just look at JP Morgan portfolio

No 1 Holding: suprise2 Top Glove !!! and No 3 Holding Hartalega. Hahaha

They want market to panic so they can collect cheap. Too bad retailers are a lot smarter now.

JPM Hold 9.4% of TG and put TP RM3.50. JPM buy high sell low lah! Wanker believe this! LOL!

Mabel feels really sorry to those who believe in JP Morgan..

Mummy ask you to attend classes you don't want. That's what happen when you don't listen to Mummy...

Please don't forget to see Dr Ooi at TDM Hospital. There's a long needle vaccine waiting for you to cover your bleeding. It will cure you from believing too much in JP Morgan...

Don't be naughty ya...

Good boy...

Meow

Posted by Lukey_Greek > 2021-01-13 21:42 | Report Abuse

Market now starts talking about commodities super cycle, caused by pandemic as the structural catalyst, eg weaker dollar, limited supply due to closure of mines or shortage of (foreign) workers, stimulate economic activities & therefore commodity consumption, and synchronised efforts by countries to limit the export/ increase tax of agricultural products...

“On January 11th Argentina lifted a ban on corn exports, but imposed a cap. Russia plans to tax wheat exports from mid-February.”

Commodities bull has started. Let see how far it can run.

Mabel

23,924 posts

Posted by Mabel > 2021-01-13 22:29 | Report Abuse

Meow Lukey!

Mouse will miss this bull again...

Meow

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-01-13 22:32 | Report Abuse

RHB Investment Bank chief set to join billionaire Robert Kuok’s group
https://www.theedgemarkets.com/article/rhb-investment-bank-chief-set-join-billionaire-robert-kuoks-group

UlarSawa

35,552 posts

Posted by UlarSawa > 2021-01-13 22:50 |

Post removed.Why?

freddiehero

16,721 posts

Posted by freddiehero > 2021-01-13 23:03 | Report Abuse

yes, bukan con ppl, buy ppl eat corn..

Post a Comment
Market Buzz