Posted by strattegist > 2021-02-25 09:40 |

Post removed.Why?

Posted by Mabel > 2021-02-25 10:20 | Report Abuse

No lah...as the saying goes, once bitten twice shy..

All the corruptors and miss management are already taken care off..

Ride on the CPO..

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. Soon CPO will hit RM 4500

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

Posted by Mabel > 2021-02-25 10:23 | Report Abuse

Mabel will not add anymore...

Now only waiting and goyang kaki, relax and stay cool, enjoying fresh pineapples juices from my FGV Plantation plus limau juices... like strattegist ...to reap our harvest..

Meow Meow Meow

Posted by Mabel > 2021-02-25 10:37 | Report Abuse

Meanwhile Mabel Plantation IOI Corp Bhd posted a 66% increase in its net profit to RM355.7 million for the second quarter ended Dec 31, 2020 from RM213.5 million in the previous year’s corresponding quarter, benefiting from high crude palm oil (CPO) and palm kernel (PK) prices. Quarterly revenue grew 25% to RM2.45 billion from RM1.96 billion a year earlier. The group announced an interim single tier dividend of 4.5 sen per share. For the cumulative six-month period, IOI Corp said its net profit jumped 75% to RM633.6 million from RM362.5 million in the previous year, while revenue increased 32% to RM4.93 billion from RM3.73 billion.

Looking forward for fantastic announcement from FGV Results..

Meow Meow Meow

Posted by strattegist > 2021-02-25 10:44 |

Post removed.Why?

Posted by jagapasar > 2021-02-25 13:43 | Report Abuse

MSM posted net profit of RM56.24 million for the fourth quarter ended Dec 31, 2020, compared to net loss of RM40.28 million a year ago, due to higher overall margin and lower finance cost.

Revenue for the quarter rose 22% year-on-year to RM630.33 million from RM516.04 million.

Earnings per share jumped to eight sen from loss per share 5.73 sen previously.

Posted by strattegist > 2021-02-25 13:53 | Report Abuse

cool

Posted by davidkkw79 > 2021-02-25 14:37 | Report Abuse

but FGV going to privatising soon at 1.30 right ?! how to up ?

Posted by dam82 > 2021-02-25 15:08 | Report Abuse

.mid day robbery all should reject this takeover ..

Posted by strattegist > 2021-02-25 16:14 |

Post removed.Why?

Posted by dam82 > 2021-02-25 16:58 | Report Abuse

i am relax bro ... sold most in FGV but still keeping some but this people taking us to ride ..

Posted by Mabel > 2021-02-25 17:06 | Report Abuse

Fantastic closing FGV

Meow Meow Meow

I hear what you are saying dam82..

Posted by Mabel > 2021-02-25 17:09 | Report Abuse

Two more trading days to go..

Let's hope they don't U turn and reextend again and again..

Meow

Posted by strattegist > 2021-02-25 17:30 | Report Abuse

closed green... 1.35 ... yeahhhhhhh

Posted by Mabel > 2021-02-25 17:31 | Report Abuse

Looks like the open market will dictate the FGV price movement after the QR..

Meow

Posted by strattegist > 2021-02-25 17:32 |

Post removed.Why?

Posted by dam82 > 2021-02-25 18:12 | Report Abuse

we should write to SC telling not to extend ..if they want to cancel LLA fine let them cancel lor ..

Posted by Mabel > 2021-02-25 18:24 | Report Abuse

Mabel will only sell Mabel's shares at RM 2...

Meow

Posted by Mabel > 2021-02-25 18:24 | Report Abuse

Yes, Please write to SC...

Meow

Posted by newbie5354_ > 2021-02-25 19:08 | Report Abuse

Will tomorrow have another GO extension?

Posted by strattegist > 2021-02-25 20:17 |

Post removed.Why?

Posted by Laiks1970 > 2021-02-25 20:58 | Report Abuse

The Board wishes to announce that the Board had on 25 February 2021 received a notice from Maybank Investment Bank Berhad, on behalf of the Offeror, informing that the closing date and time for the acceptance of the Offer have been further extended from 5.00 p.m. (Malaysian time) on Tuesday, 2 March 2021 to 5.00 p.m. (Malaysian time) on Monday, 15 March 2021 (“Final Closing Date”). Save for the Final Closing Date, all other details and terms and conditions of the Offer as set out in the Offer Document remain unchanged.

Posted by MuttsInvestor > 2021-02-25 21:54 | Report Abuse

Interesting. Logical that If No Extension .... FELDA would have sufficient Shares to Mount A Privatization. No they are STUCK with shares where they have exceeded the Tipping Point. If ..abandon Privatization there will be Repercussions to Felda. If ... Proceed with Privatization then Offer Price to Increase. Look out for Movement .

Posted by EVO118 > 2021-02-25 22:10 | Report Abuse

After taking control of 76.32% of FGV, Felda extends offer period for last time.
https://www.theedgemarkets.com/article/after-taking-control-7632-fgv-felda-extends-offer-period-last-time

Posted by EVO118 > 2021-02-25 22:19 | Report Abuse

Felda, FGV takeover sees final extension of offer date to March 15.
https://www.malaymail.com/news/money/2021/02/25/felda-fgv-takeover-sees-final-extension-of-offer-date-to-march-15/1952915

Posted by newbie5354_ > 2021-02-25 23:14 | Report Abuse

If final extension still not enough 90% acceptance what will happen next?

Posted by mikeazk > 2021-02-25 23:47 | Report Abuse

Hmm.. I notice Felda purchased FGV on 23-FEb but the lowest price on 23-Feb was RM1.32.. Does this mean Felda will now have to revise its price to the highest price they purchase in the market?

Posted by EVO118 > 2021-02-26 05:33 | Report Abuse

I don't take they purchase on the market.. It is acceptances on the 23rd taken at 1.30.

Posted by EVO118 > 2021-02-26 05:40 | Report Abuse

They might as well leave the GO on for the whole year. Nobody is going to accept it now at 1.30. Got to go to Plan B.

Posted by minghong > 2021-02-26 06:48 | Report Abuse

minghong If i not accept, the offer, not sell in market, will my money all burn? Since they going to delist? Pls help

Posted by zackboy > 2021-02-26 07:40 | Report Abuse

"Maybank IB said if FGV and the PACs succeed in controlling at least 90% of FGV shares, trading in the counter will be suspended upon expiry of five market days from the offer closing date."
Wow now they are saying 90%. I remember they keep hammering the magic number of 75% to delist the counter.

Posted by strattegist > 2021-02-26 09:25 |

Post removed.Why?

Posted by mikeazk > 2021-02-26 09:45 | Report Abuse

EVO118... i dont understand what you meant by "acceptances on the 23rd taken at 1.30". The lowest price traded on 23-Feb is 1.32. Do you mean there is other means of purchasing the shares? Thanks

Posted by EVO118 > 2021-02-26 10:37 | Report Abuse

mikeazk, Just imagine you are one of those who accept their GO at 1.30 instead of selling on the market at 1.32 to somebody else instead off FELDA. Felda never bought any shares on 23rd on the market. They just accept those willing to accept the GO at 1.30., only need to pay 1.30 not 1.32. Hope it helps.

Posted by mikeazk > 2021-02-26 10:51 | Report Abuse

aahh.. gotcha thanks for explaining

Posted by Ubah_ > 2021-02-26 11:34 | Report Abuse

1.34 is FGV max after 1 year PN in power? Why not change govn better?

Posted by strattegist > 2021-02-26 11:44 | Report Abuse

relax

Posted by Mabel > 2021-02-26 13:31 | Report Abuse

Fantastic Result 78% Performance increased YOY due to the high CPO and the clean up done by FGV.. Profit before tax about 100% increases...

Well done FGV

Meow Meow Meow

Posted by strattegist > 2021-02-26 13:47 | Report Abuse

yeapppp... 3 sen dividend also being declared..

Posted by Mabel > 2021-02-26 13:53 | Report Abuse

Yehaaaaaa.......


Meow Meow Meow

Posted by weiyiploh > 2021-02-26 13:56 | Report Abuse

they announced they acquired 76.32% as of yesterday.

Posted by focusinvestor > 2021-02-26 14:20 | Report Abuse

Whether it's 90% or 75%, both also doable. You need to read the announcement in a complete sentence. If reach 90% mean Bursa will auto suspend trading. However if does not reach 90% but exceeded 75%, meaning the public spread of 25% does not meet minimum requirement by bursa for the listing requirement from public spread perspective. To me, the delisted is on it's way.


Posted by zackboy > Feb 26, 2021 7:40 AM | Report Abuse

"Maybank IB said if FGV and the PACs succeed in controlling at least 90% of FGV shares, trading in the counter will be suspended upon expiry of five market days from the offer closing date."
Wow now they are saying 90%. I remember they keep hammering the magic number of 75% to delist the counter.

Posted by cumcumshot > 2021-02-26 14:23 | Report Abuse

FGV declares 3c dividend...
A sad story where the GLC plays out the shareholders after getting the shares at dirt cheap price.
PN gov BOELH.

Posted by birkincollector > 2021-02-26 14:24 | Report Abuse

so smart ya wanna privatize when results so good lol

Posted by strattegist > 2021-02-26 14:30 |

Post removed.Why?

Posted by EVO118 > 2021-02-26 14:36 | Report Abuse

So it goes ex-dividend on 17th March and the GO extended to 15th March.

Posted by Albukhary > 2021-02-26 15:35 | Report Abuse

very good result leh!!

Posted by strattegist > 2021-02-26 17:16 |

Post removed.Why?

Posted by Ninja _07 > 2021-02-27 12:38 | Report Abuse

https://www.bbc.com/news/world-us-canada-56205239

Posted by MuttsInvestor > 2021-02-27 12:51 | Report Abuse

LoL ..... Canada produces very little Butter for EXPORTS. Plus ... which is the Cheapest Feed besides Palm Oil . " Making a MOLE hill into a Mountain" ..... DUMBbbbbbb ...... BO !!!