FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

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Last Price

1.13

Today's Change

0.00 (0.00%)

Day's Change

1.12 - 1.13

Trading Volume

110,800


35 people like this.

49,342 comment(s). Last comment by limch 1 week ago

strattegist

23,459 posts

Posted by strattegist > 2021-10-28 09:58 | Report Abuse

steady green

Posted by richardlee88 > 2021-10-28 09:59 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-10-28 12:04 | Report Abuse

sustain

strattegist

23,459 posts

Posted by strattegist > 2021-10-28 23:43 | Report Abuse

closed green

Mabel

24,044 posts

Posted by Mabel > 2021-10-29 07:38 | Report Abuse

Meow strattegist!

Do you know that Billions of shares of stock are bought and sold each day, and it's this buying and selling that sets stock prices. Stock prices go up and down when someone agrees to buy shares at a higher or lower price than the previous transaction. In the short term, this dynamic is dictated by supply and demand.

Ultimately, demand for a stock is driven by how confident investors are about that stock's prospects. In the short term, things like quarterly earnings reports that beat expectations, analyst upgrades, and other positive business developments can lead investors to be willing to pay a higher price to acquire shares. On the flip side, disappointing earnings reports, analyst downgrades, and negative business developments can cause investors to lose interest, thus reducing demand and forcing sellers to accept lower prices.

In the long term, the value of a stock is ultimately tied to the profits generated by the underlying company. Investors who believe a company will be able to grow its earnings in the long run, or who believe a stock is undervalued, may be willing to pay a higher price for the stock today regardless of short-term developments. This creates a pool of demand undeterred by day-to-day news, which can push the stock price higher or prevent big declines.

Sometimes demand for stocks in general increases, or demand for stocks in a particular stock market sector increases. A broad-based demand increase can drive individual stocks higher without any company-specific news. One example: The COVID-19 pandemic led to consumers increasing spending online at the expense of brick-and-mortar stores. Some investors believe this change is here to stay, which led to an increase in demand and higher prices for e-commerce stocks across the board. Likewise with O&G and Plantation. Brent crude oil was trading at US$86 (about RM357.59) per barrel, while crude palm oil closed at an all-time high on Wednesday with the benchmark palm oil contract for January 2022 rising by RM127 to RM5,071 a tonne.

The big picture is what matters

Long-term investors, don't much care about the short-term developments that push stock prices up and down each trading day. When you have many years or even decades to let your money grow, things such as analyst upgrades and earnings beats are irrelevant. What matters is where a company will be five, 10, or 20 years from now.

While a lot of ink is spilled about daily fluctuations in stock prices, and while many people try to profit from those short-term moves, long-term investors should be laser-focused on a company's potential to increase its profits over many years. Ultimately, it's rising profits that push stock prices higher.

So focus on the end game and ignore the noises. Elsewhere in the Deep Blue Ocean, all Energy Battleships and Supertankers plus Jet Fighters are cruising full speed.

The same with the Thick Green Jungle, all Plantation are Flourishing and Booming. Yesterday, one of Mabel Plantation gave Terengganu State Heritage Trust Board (LTAWNT) RM1.87 million its share of profit from the plantation and healthcare group. The payment was for last year's profit for the development of LTAWNT’s 1,336-hectare oil palm plantation by TDM at its Air Putih Estate in Kemaman. Earlier this week they launched the 6th Medical Centre. This will be complementary to the existing Medical Centre provided by Mabel Sunway and Sime Darby.

To SIR with Love..

Meow

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD

Oct 28, 2021 8:03 AM | Report Abuse

Ownership Breakdown

State or Government 4.4%, 147,000,000 shares
General Public 4.8%, 162,240,114 shares
Institutions 25.8%, 871,390,934 shares
Individual Insiders 65.0%, 2,192,163,030 shares

To be honest, what we discuss here does not make any difference..

All of us only hold 4.8% of Serba. Usually the silence the majority are the main holders.

To SIR with Loves...

Mabel

24,044 posts

Posted by Mabel > 2021-10-29 09:32 | Report Abuse

Nice and lovely...

Meow

Mabel

24,044 posts

Posted by Mabel > 2021-10-29 09:58 | Report Abuse

Where is Mickey Mouse and Dicky?

These two Sour Grapes should see this...

Well done FGV...

Meow

Posted by Benhobenhobenho > 2021-10-29 10:49 | Report Abuse

Anyone know when fgv will be privatised? A really loooooooooooooooooooooooooong wait.

EVO118

2,114 posts

Posted by EVO118 > 2021-10-29 11:43 | Report Abuse

Somebody is playing around with the bid quantity every 30 seconds. It goes up or down by up to 50,000 qty, giving an impression there is interest in it.

Posted by Felda_settlers > 2021-10-29 11:47 | Report Abuse

GE15 in 2022? FGV RM 2-3 we want.

EVO118

2,114 posts

Posted by EVO118 > 2021-10-29 11:51 | Report Abuse

Felda_settlers
When do they ever care about what you or we WANT. We have all be con from the IPO onwards.

Posted by Felda_settlers > 2021-10-29 11:51 | Report Abuse

1.61 on 509 BN rejected why 1.49 now must support them?

Posted by Felda_settlers > 2021-10-29 11:52 | Report Abuse

54 seats cannot talk? How abt PH?

EVO118

2,114 posts

Posted by EVO118 > 2021-10-29 12:03 | Report Abuse

Forget about PH. Only person who cares about FGV is BOSS KU (the son of the architect of FGV). It will be another disgrace to his name after the 1MDB saga.

EVO118

2,114 posts

Posted by EVO118 > 2021-10-29 15:28 | Report Abuse

The same 2 buyers keep adjusting their buy qty upwards, but the serious sellers are not prepared to take them out. What's that tell you.

EVO118

2,114 posts

Posted by EVO118 > 2021-10-29 15:34 | Report Abuse

Those 2 buyers who have been playing around with the buying bids must have read my comments. They have finally disappear.

EVO118

2,114 posts

Posted by EVO118 > 2021-10-29 15:47 | Report Abuse

Maybe left hand selling to the right hand creating a false interest. Trying to entice the sellers to off load.

EVO118

2,114 posts

Posted by EVO118 > 2021-10-29 16:30 | Report Abuse

Finally we begin to see the buyers committing to take out the sellers at 1.50 and in decent volumes in one go.

strattegist

23,459 posts

Posted by strattegist > 2021-10-29 17:00 | Report Abuse

steady

Posted by Benhobenhobenho > 2021-10-29 22:30 | Report Abuse

When la, fgv privatised?? Take a loooooooong time now.

Mabel

24,044 posts

Posted by Mabel > 2021-10-29 22:45 | Report Abuse

True...

Perhaps soon ..Felda now got injection from Budget 2022

Finance Minister, Tengku Datuk Seri Zafrul Tengku Abdul Aziz said for the purpose, an allocation of RM2.5 billion was set aside with RM1.3 billion of the amount given to Felda involving rehabilitation packages and settlers' development.

If this does not happen, most likely it will be after election. Anyway, Felda now has the majority stakes in FGV, so they will still benefits from the high Palm Oil Prices..

Even Mabel loss making Plantation now has become profitable, thanks to the prevailing Palm Oil Prices. esterday, one of Mabel Plantation gave Terengganu State Heritage Trust Board (LTAWNT) RM1.87 million its share of profit from the plantation and healthcare group. The payment was for last year's profit for the development of LTAWNT’s 1,336-hectare oil palm plantation by TDM at its Air Putih Estate in Kemaman.

Meow

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-10-30 15:23 |

Post removed.Why?

mikeazk

75 posts

Posted by mikeazk > 2021-10-31 08:24 | Report Abuse

With FELDA buying from open market in end Oct, does this means that their initial offer of RM1.3 will no longer be valid? And they will need to issue a new price offer if they still want to go private? Thanks

Mabel

24,044 posts

Posted by Mabel > 2021-10-31 20:59 | Report Abuse

Absolutely!

Meow

EVO118

2,114 posts

Posted by EVO118 > 2021-11-01 09:40 | Report Abuse

The lowest in Oct is on the 4/10 @1.35. They have been buying above the original offer price.

EVO118

2,114 posts

Posted by EVO118 > 2021-11-01 09:47 | Report Abuse

Bursa is definately turning a blind eye to what Felda is doing. They should be off-loading or compensate those who took the offer price for the difference.

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-11-02 08:20 | Report Abuse

Very good morning

Latest news

GMutual bought lands at Senai Airport for Rm2.09 MILLIONS AN ACRE

FGV Owns lands in Kulai (Better location than Senai) at book value Rm3,150 acre only

So FGV is Full of Golden Value

kong73

2,065 posts

Posted by kong73 > 2021-11-02 10:52 | Report Abuse

FGV is mving north gents 1.53

strattegist

23,459 posts

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

beautiful

strattegist

23,459 posts

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

kebun sawit menghijau

Mabel

24,044 posts

Posted by Mabel > 2021-11-02 11:49 | Report Abuse

It's looking good...

Elsewhere Mabel's Techs, Plantation and Energy collection are cruising full speed today...

Dow Jones hits all times high last nite at 35,913. Some experts are targeting DJ to hit 42,000 by Q1 2022. Melt up is on target..

KLSE will be following....

Have a great week ahead everyone!

Meow

strattegist

23,459 posts

Posted by strattegist > 2021-11-02 22:57 | Report Abuse

closed green

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-11-03 04:02 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-11-03 12:08 | Report Abuse

steady

EVO118

2,114 posts

Posted by EVO118 > 2021-11-03 21:28 | Report Abuse

I am very sure Felda cannot be holding 79.60% of the total shares without making another formal bid, nor are they allowed to keep acquiring more shares on the market. Bursa should put a stop to this.

strattegist

23,459 posts

Posted by strattegist > 2021-11-04 00:09 | Report Abuse

closed flat... stable

EVO118

2,114 posts

Posted by EVO118 > 2021-11-04 05:56 | Report Abuse

According to records Felda bought
29/10 - 557,100 out of a turnover of 669,600, low 1.47, high 1.50
1/11 - 436,100 out of a turnover of 2,356,400, low 1.49, high 1.55
2/11 - 449,100 out of a turnover of 777,800, low 1.50, high 1.53

From these records we can see who is doing the majority of the buying.

EVO118

2,114 posts

Posted by EVO118 > 2021-11-04 06:19 | Report Abuse

Bursa can't just turn a blind eye to this because it is a GLC. Trading should be suspended until they do something,

masterus

3,597 posts

Posted by masterus > 2021-11-04 14:06 | Report Abuse

Top Solar Firm Longi Says U.S Customs Detained Products

stevenckheng

1,338 posts

Posted by stevenckheng > 2021-11-05 09:16 | Report Abuse

recently crop yield issue by global warming gonna affect plantation stock ?

strattegist

23,459 posts

Posted by strattegist > 2021-11-05 11:32 | Report Abuse

stable

EVO118

2,114 posts

Posted by EVO118 > 2021-11-05 14:09 | Report Abuse

If Felda is buying again today @ 1.50 , then if there is revised offer, it will be at least 1.80 to 2.00

strattegist

23,459 posts

Posted by strattegist > 2021-11-05 17:49 | Report Abuse

closed flat... stable

Mabel

24,044 posts

Posted by Mabel > 2021-11-05 19:49 | Report Abuse

Absolutely EVO..

It should be above RM 2..

Meow

Posted by atlantisbear > 2021-11-05 22:13 | Report Abuse

FGV-5222
FGV HOLDINGS BERHAD
Last Price: 1.5
TTM Dividend Yield : 0.02%
Coming Quarter Report: ~ 2021-11-17

Undi_PH

145 posts

Posted by Undi_PH > 2021-11-08 10:01 | Report Abuse

1.3 Felda failed to privatise FGV so 1.5 the next price Felda will offer? Better try PH in GE15 those trapped at higher price.

EVO118

2,114 posts

Posted by EVO118 > 2021-11-08 11:16 | Report Abuse

"The Board of Directors of the Company wishes to announce that Bursa Securities, had vide its letter dated 23 March 2021, granted the Company an extension of time of six months until 3 August 2021 to comply with the Public Spread Requirement.

As at 19 March 2021, the Company's public shareholding spread was 13.99%. The shortfall in the public shareholding spread of the Company arose as a direct consequence of the unconditional mandatory takeover offer by Federal Land Development Authority (“FELDA”) which had closed on 15 March 2021.

The Company will use the extension of time granted by Bursa Securities to formulate a rectification plan to address the shortfall in its public shareholding spread and to allow sufficient time for FELDA to formulate a firm plan on FGV’s listing status.

FGV will make the necessary announcement in relation to the status of compliance of the Company’s public shareholding spread accordingly."

Dated :24/03/2021



Main Market Listing Requirements of Bursa Malaysia Securities Berhad:

"This Chapter sets out the continuing listing obligations that must be complied with, amongst others, by a listed issuer, its directors or advisers in addition to other continuing listing obligations which have been set out in other Chapters of these Requirements.
​ ​ ​
PART B – CONTINUING LISTING CRITERIA
​ ​ ​
8.02 ​ Compliance with shareholding or unit holding spread requirement
​ ​
(1)​ A listed issuer must ensure that at least 25% of its total listed shares (excluding treasury shares) or listed units are in the hands of public shareholders or unit holders. The Exchange may accept a percentage lower than 25% of the total number of listed shares (excluding treasury shares) or listed units if it is satisfied that such lower percentage is sufficient for a liquid market in such shares or units. FAQ 8.1"


SO WHAT IS BURSA DOING? TURNING A BLIND EYE TO THEIR OWN RULES?

EVO118

2,114 posts

Posted by EVO118 > 2021-11-08 11:49 | Report Abuse

My apologies. Looks like Bursa has granted them another 2nd extension until 2/02/2022.

"The Board of Directors of the Company wishes to announce the following Status Announcement in conjunction with the release of the Company’s quarterly results for the second quarter of the financial year ending 31 December 2021, pursuant to Paragraph 3.3 of PN 19 of the LR of Bursa Securities:

(i) As at the date of this announcement, the Company's public shareholding spread based on the Company’s Record of Depositors as at 25 August 2021 is 13.47%.

(ii) The Company has yet to formulate a rectification plan to address the shortfall in the Public Spread Requirement.

(iii) Bursa Securities, vide its letter dated 4 August 2021, has granted the Company an extension of time of six (6) months until 3 February 2022 to comply with the public shareholding spread requirement. "

ABSOLUTELY RIDICULOUS 6 mths + 6 mths. ( one year of loss liquidity in the FGV shares )

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