Posted by Start_0f_the_bull > 2021-03-10 20:34 | Report Abuse

Hng33 good explanation. Thank you.

Posted by Mabel > 2021-03-10 21:00 | Report Abuse

Thanks a million Hng33..

You are the best! I hope you still keep your FGV Shares for our harvest..

Well done to those who still hold FGV’s shares. You are part of the reasons why FGV is still listed..

Meow Meow Meow

Posted by Mabel > 2021-03-10 21:04 | Report Abuse

#andyvin07 @Mabel your figure is incorrect. I received a letter from Maybank pursuant to this offer. As of 25 Feb Felda already owns 2,787,430,489 shares = 76.41%.
09/03/2021 10:39 PM

andyvin07 26 Feb - 9 March open market purchase = 37,992,100. Total share hold by Felda as of 9 Mar = 2,825,422,589 = 77.45%
09/03/2021 10:51 PM

Thanks for sharing..

My figure are based on Bursa announcement and daily traded shares..

Let's hope for the best!

Meow Meow Meow

Posted by strattegist > 2021-03-10 22:32 |

Post removed.Why?

Posted by atlantisbear > 2021-03-10 23:03 | Report Abuse

felda got 77% the others remains with us. elite few

Posted by atlantisbear > 2021-03-10 23:05 | Report Abuse

earlier i'm willing to let go at rm2. but now my offer is rm3

Posted by strattegist > 2021-03-10 23:17 | Report Abuse

yeahhhh... lets hold on steadfastly... never give in.....

Posted by CAWALLUK > 2021-03-11 06:09 | Report Abuse

The huge recent increase in the price of MSM is not reflected in the pathetic RM1.30 offer price. Once the take over has failed and with the div coming and the high current CPO price I believe RM2 is achievable.

Posted by EVO118 > 2021-03-11 07:04 | Report Abuse

CAWALLUK : You can't be too sure that Felda is not going to take profit on all the 1.30 that they have picked up with borrowed money to discharge the loan, especially since the take over to delist have failed? Have to wait and see.

Posted by Start_0f_the_bull > 2021-03-11 07:26 | Report Abuse

So it is still remains as guessing game.

Posted by strattegist > 2021-03-11 09:47 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-03-11 12:35 | Report Abuse

https://www.nst.com.my/business/2021/03/672871/fgv-launches-alma-animal-feed-brand

Posted by Comodo1 > 2021-03-11 13:56 | Report Abuse

I will let go at above RM2.. else as say by Strategist,, relax and cool

Posted by strattegist > 2021-03-11 14:10 | Report Abuse

steady and calm

Posted by strattegist > 2021-03-11 17:29 | Report Abuse

cool

Posted by Mabel > 2021-03-12 09:17 | Report Abuse

2 days to go Team...

Meow

Posted by strattegist > 2021-03-12 09:43 |

Post removed.Why?

Posted by strattegist > 2021-03-12 10:32 | Report Abuse

cool

Posted by hazli > 2021-03-12 13:11 | Report Abuse

FGV Holdings Bhd has expanded its animal feed and nutrition business by launching a new animal feed brand.

Posted by hazli > 2021-03-12 13:11 | Report Abuse

FGV chief executive officer (CEO) Datuk Haris Fadzilah Hassan noted that the group's domestic sales of palm kernel expeller (PKE) and animal feed products increased to 39,000 metric tonnes (MT) in 2020 from 8,000 MT in 2018, with a compound annual growth rate of 121%.

Posted by hazli > 2021-03-12 13:11 | Report Abuse

For 2021, FGV is allocating 75,000 MT which is equivalent to 20% of our annual PKE production for the production of animal feed. We target to achieve 150,000 MT by the year 2024. Based on the ruminant statistics in Malaysia, the requirement of an animal feed concentrate is approximately 240,000 MT per year, in which FGV already supplied 17% of this requirement last year to meet the demand of our local farmers. We shall be able to contribute to approximately 60% of the local concentrate feed demand for ruminant by the year 2024,

Posted by hazli > 2021-03-12 13:12 | Report Abuse

ALMA animal feed products is antibiotics-free and includes formulations for both beef and dairy cattle feed, goats and sheep feed, chicken and native chicken feed, natural mineral feed and additional feed for livestock. The CEO added that it has established its distributorship programme to ensure that the feed reaches local farmers effectively throughout Peninsular Malaysia and that it will increase the number of distributors it has this year.

Posted by hazli > 2021-03-12 13:12 | Report Abuse

Haris Fadzilah further added that this new brand of animal feed contains ingredients approved by the Food and Drug Administration such as grains, minerals and vitamins, and does not contain prohibited waste materials from animals such as blood, bones or internal organs.

Posted by hazli > 2021-03-12 13:13 | Report Abuse

The launch the planter and Department of Veterinary Services Malaysia have worked together to provide relief for local animal farmers impacted by the recent floods. 800 bags equivalent to 40 MT of the new animal deed were contributed in stages to 300 farmers from Feb 22 to March 7.

Posted by hazli > 2021-03-12 13:13 | Report Abuse

FGV operates four kernel crushing plants located in Kuantan, Pahang; Pasir Gudang, Johor; Pandamaran, Selangor; and Lahad Datu, Sabah to produce the PKE.

Posted by EVO118 > 2021-03-12 13:41 | Report Abuse

hazli, The only thing we need to know is are we going to stay with FGV ? All this is not important once they get privatised with tax payers money and get delisted.

Posted by Want2Win > 2021-03-12 13:44 | Report Abuse

waah

Posted by Want2Win > 2021-03-12 13:44 | Report Abuse

up 1 sen

Posted by Want2Win > 2021-03-12 13:45 | Report Abuse

up 0.77%

Posted by Want2Win > 2021-03-12 13:45 | Report Abuse

very good

Posted by atlantisbear > 2021-03-12 14:51 | Report Abuse

fgv share will chase top glove in near future. sell now regret later

Posted by strattegist > 2021-03-12 18:16 |

Post removed.Why?

Posted by hng33 > 2021-03-12 22:38 | Report Abuse

At IPO price of RM4.55 per FGV Share and now being offered to be acquired
at RM1.30 per FGV Share, and taking into consideration of the significant
improvement on the quality of plantation assets of FGV since IPO, the director are UNABLE to, with clear conscience recommend the Offer as REASONABLE to the minority shareholders of FGV, which also include settlers and employees of FELDA and FGV respectively.

The improvements made on the quality of plantation assets include amongst others,
improvements to the average age profile from 16.25 years in 2012 to 13.77
years in 2019 through aggressive replanting efforts, incurring approximately
RM5.3 billion since 2012 to cover replanting costs, improvements on housing
for workers, and fertiliser costs, as well as increased landbank size since IPO
from 382,603 hectares to 439,230 hectares in 2019.

Stay close and defend FGV from delisting which is nonetheless IMPOSSIBKE now as felda only able to left 1 FINAl day before lapse on next Monday. The total stake is still far far below threshold 90%, up to date only about 74%, which will not only definitely remain listed, but also capable compliance bursa listing on 25% public spread.

If current CPO able to maintain at elevated level for prolong time at least RM 3000 above, FGV forward earning will keep improving, likely surpass its earning before its IPO RM 4.55 in 2012

Posted by hazli > 2021-03-12 22:45 | Report Abuse

Malaysia to increase palm oil exports to Saudi Arabia
BENTONG (March 12): Malaysia will increase its palm oil exports to Saudi Arabia from 300,000 tonnes to 500,000 tonnes worth approximately RM1 billion.
Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali said the volume was increased following Prime Minister Tan Sri Muhyiddin Yassin's visit to Saudi Arabia recently.
It is among the accomplishments following the Prime Minister's visit to Saudi Arabia other than the growth in demand for palm oil in that country throughout the Covid-19 pandemic,” he told a press conference in conjunction with the National Immunisation Programme registration campaign for the plantation sector today.
He also revealed that the Ministry would open a regional office in Jeddah, Saudi Arabia soon.
It is to further expand our opportunities for the commodity in the African and Middle Eastern markets and we see Jeddah as the best hub. With the establishment of such office, hopefully our palm oil could be further marketed internationally,” he said.
Meanwhile, Mohd Khairuddin said his Ministry is negotiating with the Ministry of Home Affairs and Ministry of Human Resources to secure foreign workers for the plantation sector which is in desperate need of manpower.
He noted that there are currently more than 250,000 foreign workers in the plantation sector with some having returned to their respective countries upon expiry of their permits.
He said his Ministry will propose measures for the plantation sector particularly in regard to standard operating procedures as a reassurance in recruiting about 32,000 more foreigners as harvesters.
If we can get 32,000 of these harvesters, that will be another RM5 billion in palm oil-related income towards our RM75 billion target for this year.
At the same time, we hope that locals would also venture into plantation which provides many benefits such as free housing,” he said.
Earlier, Mohd Khairuddin spent some time visiting the living quarters of FGV Holdings Berhad's workers and palm oil mill in Mempaga here.

Posted by hazli > 2021-03-12 22:51 | Report Abuse

KUALA LUMPUR (March 12): FGV Holdings Bhd announced that the Federal Land Development Authority (Felda) has acquired another 467,300 of FGV shares at RM1.30 a share via the open market.
In a filing with Bursa Malaysia today, it said the exercise was pursuant to the unconditional mandatory takeover offer by Felda to acquire all remaining FGV shares.
According to recent news reports, Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said that Felda, which already owns a 77% stake in FGV, only needed another 13% equity interest in the plantation group to delist the company from Bursa Malaysia.
The move was in line with the government's aspiration to help Felda revive and strengthen its financial position, which would also benefit the settlers, he said.

Posted by Start_0f_the_bull > 2021-03-13 10:22 | Report Abuse

I wrongly bought at 1.31 on Tuesday. After reading some comments here l quickly sold it at 1.31 yesterday because I think dilisting successful or fail either way I will lose. Only those bought much earlier may take the risk for higher reward or the opposite.

Posted by strattegist > 2021-03-13 14:52 |

Post removed.Why?

Posted by atlantisbear > 2021-03-13 15:00 | Report Abuse

we are the chosen 13%

Posted by strattegist > 2021-03-13 16:28 | Report Abuse

steady

Posted by Mabel > 2021-03-13 19:54 | Report Abuse

#atlantisbear we are the chosen 13%
13/03/2021 3:00 PM

Felda only collected 77 %

So we are the chosen 23 %

Meow Meow Meow

Posted by Mabel > 2021-03-13 19:55 | Report Abuse

Cycle and Carriage also fail to take it private.

Retailers said NO GO..

Meow Meow Meow

Posted by strattegist > 2021-03-14 09:41 |

Post removed.Why?

Posted by strattegist > 2021-03-14 12:29 | Report Abuse

come rain or shine... I'll be there......

Posted by stockraider > 2021-03-14 12:46 | Report Abuse

STAY ON COURSE WITH FGV LOH!

Posted by atlantisbear > 2021-03-14 20:54 | Report Abuse

Meow Meow Meow

Posted by Mabel > 2021-03-14 23:49 | Report Abuse

One trading day to go to decide the fate of our FGV

This announcement is dated 1st March 2021

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3134681

Undisclosed Felda PAC bought 38,288,400 ​shares on the open market between 1st -12th March 2021 (assuming all the shares are bought by Felda)

Hence FGV Shareholding EOB Shares dated EOB 14th March 2021

Undisclosed Felda PAC Team = 2,716,055,580 (74.45%)
Private Investors Team = 931,944,420 (25.55%)

This is latest report dated 12th March from edge

https://www.theedgemarkets.com/article/felda-buys-467300-more-fgv-shares-open-market

According to recent news reports, Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said that Felda, which already owns a 77% stake in FGV, only needed another 13% equity interest in the plantation group to delist the company from Bursa Malaysia.

Meow

Posted by Mabel > 2021-03-14 23:52 | Report Abuse

Let's hope FGV stay listed in Bursa Malaysia!

Meow Meow Meow

Posted by strattegist > 2021-03-15 06:29 |

Post removed.Why?

Posted by strattegist > 2021-03-15 10:24 |

Post removed.Why?

Posted by Ubah_ > 2021-03-15 10:47 | Report Abuse

CPO >RM 4100 GO price remain RM 1.3 something is wrong?