FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

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Last Price

1.38

Today's Change

-0.02 (1.43%)

Day's Change

1.38 - 1.40

Trading Volume

38,900


35 people like this.

49,315 comment(s). Last comment by lionel messi 2 days ago

strattegist

23,459 posts

Posted by strattegist > 2022-03-11 15:11 | Report Abuse

sustain

strattegist

23,459 posts

Posted by strattegist > 2022-03-11 19:15 | Report Abuse

closed red 1.93

strattegist

23,459 posts

Posted by strattegist > 2022-03-14 20:31 | Report Abuse

closed red 1.89

EVO118

2,012 posts

Posted by EVO118 > 2022-03-15 08:50 | Report Abuse

In my opinion if you want to follow palm oil don't follow FGV, go for the other related palm oil coys. FGV has very limited free shares. Most of it is held by FELDA. It has since move to it's latest bout of highs since sitting on it's stable price of $1.50 for a long time. Do your own analysis.

Posted by Investformilkmoney > 2022-03-15 11:17 | Report Abuse

Today is the ex date for dividend right?

Posted by Portfolio7 > 2022-03-15 11:44 | Report Abuse

Yes, today is ex date for dividend. May i know why today's opening/reference share price of FGV is at 1.81? Yesterday closed at 1.89.

EVO118

2,012 posts

Posted by EVO118 > 2022-03-15 11:51 | Report Abuse

Dividend is $0.08 . So price will logically allow for ex-dividend. Opening price was $1.83.

zackboy

242 posts

Posted by zackboy > 2022-03-15 13:45 | Report Abuse

Most ppl who are still holding FGV are waiting for a better offer price. The dividend is a bonus, in fact I have received several dividends since I hold this stock. Stock price increase is tempting to sell though.

EVO118

2,012 posts

Posted by EVO118 > 2022-03-15 15:43 | Report Abuse

The next low is going to be $1.64 (which is -7% from today, reasonable). After that it might take a couple of weeks to come back down to $1.50 which is a level where FELDA can make a reasonable takeover offer.

purple70

226 posts

Posted by purple70 > 2022-03-15 16:14 | Report Abuse

EVO118 - FELDA has already acquired close to 88%...it is not gonna try to be penny wise on this stock as it has greater plans ahead!

Saving few RMmillions wont be a clever thing to do!

purple70

226 posts

Posted by purple70 > 2022-03-15 16:16 | Report Abuse

ANy VGO offers will be above the average trade prices...wont be a bottom fishing exercise a sthere are legal wrangle to these!
FELDA had bought many shares at RM2 plus...it cant be offering below this prices per Take Over code!

EVO118

2,012 posts

Posted by EVO118 > 2022-03-15 16:31 | Report Abuse

Nothing stopping them from taking the profit now amd off load the excess to satisfy the free shares requirement. The sell off is part of the requirement and it will definately bring the price down. Can't blame them for it, just following the regulations. Plenty of time to make a takeover offer when it is down, will still be lower than when they were sold off.

strattegist

23,459 posts

Posted by strattegist > 2022-03-15 19:18 | Report Abuse

closed red 1.78

DickyMe3

658 posts

Posted by DickyMe3 > 2022-03-15 20:22 |

Post removed.Why?

zackboy

242 posts

Posted by zackboy > 2022-03-16 16:14 | Report Abuse

@moneyontheway, i kept accumulating until the cost is less than today. Still holding it. I am just a small fish. I think some state investment bodies, like Pahang, are still holding this stock too. And they sure not going to let this stock go way below what they had paid.

strattegist

23,459 posts

Posted by strattegist > 2022-03-16 18:36 | Report Abuse

green 1.81

purple70

226 posts

Posted by purple70 > 2022-03-18 00:03 | Report Abuse

VGO offers have strictest guidelines and corporate restructing is not wasted on getting shares cheap...It works as percentage on percentage, and if FELDA fails to collect balance within a period of time, its screwed just like CCBintang shares have been!

its more to do when the time is right ..They need to do it fast as window of oppurtunity is closing down fast!

Many not letting go, so the price has to be 10- 205% hight than current level....!

strattegist

23,459 posts

Posted by strattegist > 2022-03-18 11:36 | Report Abuse

steady

8888_

2,919 posts

Posted by 8888_ > 2022-03-18 17:16 | Report Abuse

Why many buyers q? Parliament to dissolve soon?

strattegist

23,459 posts

Posted by strattegist > 2022-03-18 17:20 | Report Abuse

closed green 1.87

lofan73

216 posts

Posted by lofan73 > 2022-03-18 18:32 | Report Abuse

8888_

2,691 posts

Posted by 8888_ > 1 hour ago | Report Abuse

Why many buyers q? Parliament to dissolve soon?

ur sharp, somethgy is brewing. coming soon

lofan73

216 posts

Posted by lofan73 > 2022-03-18 18:33 | Report Abuse

the final countdown b4 too late to catch the train

DickyMe3

658 posts

Posted by DickyMe3 > 2022-03-18 21:47 | Report Abuse

Train or submarine?

Sunshine

95 posts

Posted by Sunshine > 2022-03-20 23:01 | Report Abuse

i think buying interest increase due to Indo policy change on CPO export which may result is higher CPO prices to come.

https://www.theedgemarkets.com/article/indonesias-domestic-market-obligation-uturn-positive-cpo-price

calvintaneng

53,217 posts

Posted by calvintaneng > 2022-03-21 13:31 | Report Abuse

WORLD RUNNING OUT OF SUNFLOWER OIL WILL TURN TO PALM OIL AS A LAST RESORT

https://www.iamexpat.nl/lifestyle/lifestyle-news/dutch-sunflower-oil-supply-could-run-out-just-four-weeks

strattegist

23,459 posts

Posted by strattegist > 2022-03-21 14:05 | Report Abuse

stable

moneycashrich

2,101 posts

Posted by moneycashrich > 2022-03-22 09:46 | Report Abuse

those still in should be rich.

strattegist

23,459 posts

Posted by strattegist > 2022-03-22 11:05 | Report Abuse

steady green

calvintaneng

53,217 posts

Posted by calvintaneng > 2022-03-22 13:47 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2022-03-23 11:42 | Report Abuse

stable

Mabel

23,185 posts

Posted by Mabel > 2022-03-23 12:52 | Report Abuse

Full of Golden Value...

I think come GE, they will push FGV up up up and away...

Patience is everything...

purple70

226 posts

Posted by purple70 > 2022-03-23 13:55 | Report Abuse

To the commentators here ...pls bear in mind that FGV has only 2 issues to deal w as far as it's price is concerned.

Firstly, CPO prices which have been high due to Crude Oil prices being high (due to Ukrain - Russia war) and inflationary pressures &

Secondly, the status of FELDA's accumulation, now almost 90% - yes, cornered stock. So, all fundamental n charts can be thrown out of the door!

Pls..Bring in rational analysis and nothing of "GOLDEN VALUE" or even as in 1998, a top ENGLISH BIZ news EDITORw rote of AOKAM as "BLACK GOLD" - as though that counter was hitting oil!

Keep comments here professional

EVO118

2,012 posts

Posted by EVO118 > 2022-03-23 14:29 | Report Abuse

Dodgy trading. 100 shares per transaction. Must be computer generated trading.

strattegist

23,459 posts

Posted by strattegist > 2022-03-24 09:41 | Report Abuse

stable

moneycashrich

2,101 posts

Posted by moneycashrich > 2022-03-24 10:31 | Report Abuse

so far so good........

Posted by moneyontheway > 2022-03-24 14:10 | Report Abuse

then AOKAM went to nothing at all -- i bought only 1 lot at RM3500 and was gone to ashes, alas!

Jack888

834 posts

Posted by Jack888 > 2022-03-24 15:46 | Report Abuse

Uptrend...hope can clear 2.00 soon

strattegist

23,459 posts

Posted by strattegist > 2022-03-24 19:12 | Report Abuse

closed green 1.98

moneycashrich

2,101 posts

Posted by moneycashrich > 2022-03-24 22:07 | Report Abuse

good closing.......

calvintaneng

53,217 posts

Posted by calvintaneng > 2022-03-25 06:05 | Report Abuse

Fgv will cross Rm2 to reach Rm4.00

strattegist

23,459 posts

Posted by strattegist > 2022-03-25 10:53 | Report Abuse

relax

purple70

226 posts

Posted by purple70 > 2022-03-25 22:46 | Report Abuse

money on the way - that was awfully lot of money 20 years ago! Equivalent to RM35K now or more in purchasing power! So, dont be fooled by anyone, including so called ANAL - YST who seem to have been bought by the syndicate!

calvintaneng

53,217 posts

Posted by calvintaneng > 2022-03-26 08:58 |

Post removed.Why?

taitaumau

275 posts

Posted by taitaumau > 2022-03-27 17:47 | Report Abuse

the way i see .......................
IF Felda makes a u-turn to maintain the listing status of fgv, a easy way out is ?

1. fgv to seek approval from Bursa to allow the acceptable min. spread at not less than 15% (under new ruling)

2. fgv to issue new shares, say just 1 million shares or more, via a pp or other mean
Result:# State. Gov. of Pahang will no longer remain as a sub. shareholder
# The spread will then improve to 17.92% from the present 12.92 %

There may be other qualitative matters to be look into.
Anyway, i will stay cool, awaiting final action from Felda.

strattegist

23,459 posts

Posted by strattegist > 2022-03-28 14:32 | Report Abuse

stable

purple70

226 posts

Posted by purple70 > 2022-03-28 18:07 | Report Abuse

taitaumau - yr comments realization is hardly possible as the BURSA rules apply to all, cant see why exemptions are to be given, so far no one given blanket exemption for indefinite period!

IF is always a big IF!

EVO118

2,012 posts

Posted by EVO118 > 2022-03-30 08:42 | Report Abuse

Ex-FGV officer says he sped up payments for refurbishment of one Troika condo on urgings of Isa Samad's wife.
https://www.theedgemarkets.com/article/exfgv-officer-says-he-sped-payments-refurbishment-one-troika-condo-urgings-isa-samads-wife.

Jack888

834 posts

Posted by Jack888 > 2022-03-30 15:27 | Report Abuse

Its going to fly soon...hope so.

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