last time Harrison plantation privatisation was blocked by USA Peter when he secured more than 90% of Harrison shares around Rm1.30
Harrison went on to give ever increasing dividend through the years as high as 25 sen a share. in year 2011 Harrison even gave a special 50 sen dividend and today Harrison is Rm4.10
At that time Harrison did not give out good dividends because selling FMCG fast moving consumer goods need to give credit to provision shops so Cash flow was tied up
Only later when Cash was released it gave excellent dividends
Fgv has been using CASH to replant old oil palm trees and build Cpo Mills
Later when all no longer require replanting Lots of Cash could be given out as dividends
By then Fgv will trade like Harrison today at Rm4.10
My friend sold alots at 1.30 to the company. Now he wait it drop below 1.3 just to buy back. He feel the value above 2.00 now hope it can drop below 1.3 and buy back
Market82 My friend sold alots at 1.30 to the company. Now he wait it drop below 1.3 just to buy back. He feel the value above 2.00 now hope it can drop below 1.3 and buy back 23/03/2021 8:38 PM
felda will buy all at 1.30. so the price will never go below unless felda is the one selling the share. if the price goes below 1.30 we will stuck with fgv for 6month to a year. the risk that hardcore are willing take
#calvintaneng Tomorrow Calvin operasi tong sampah shall be in operation
I shall happily merrily queue buy more Fgv from Rm1.35 to Rm1.30
The lower I get the happier the lower the merrier 23/03/2021 8:23 PM
...same here...
FGV is Full of Good Value..
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, FGV has 197 estates located in Selangor, Perak, Pahang, Negeri Sembilan, Johor, Terengganu, Kelantan, Sabah and Sarawak. In Indonesia, FGV 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 etc. FGV is reaching out to the 8 billion world population just like Mabel other Plantations.
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. MSM is at it's best!
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. Huge 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 NOW BREACJES RM4,000!
These are potential boosters to support FGV value. That's why Mabel is still collecting after Felda fail to secure it's target. FGV is Full of Golden Value..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
atlantisbear
103 posts
Posted by atlantisbear > 2021-03-22 19:46 | Report Abuse
wait until next dividend. then only people regret selling