FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.50

Today's Change

-0.03 (1.96%)

Day's Change

1.50 - 1.54

Trading Volume

1,537,900

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
34 people like this. Showing 50 of 48,568 comments

Richman1688

Dreaming

2 months ago

8888_

CPO RM 6900 FGV make big profit not a dream? Last year avg CPO only RM 3600+ already big profit how about 2022 avg min RM 5K? My RM 5K avg is before Russia-Ukraine Crisis. If the Crisis drag until Dec 2022 perhaps RM 6K avg is not a dream.

Richman1688

Dreaming

8 hours ago

2 months ago

8888_

Zuraida says Malaysia can meet global palm oil demand after Indonesian export ban
-A+A
KUALA LUMPUR (April 28): With the world’s largest exporter of palm oil out of the picture, Minister of Plantation Industries and Commodities Datuk Zuraida Kamaruddin is confident that Malaysia will be able to meet global demand for the vegetable oil.

Following Indonesia’s halt in palm oil exports effective Thursday (April 28), there is concern of a global supply shortage, but Zuraida gave a reassurance that
Malaysia will be able to meet the international demand by raising production.

“Yes, we will still be able to [meet] global demand because with the borders reopened, foreign labour is coming in. We will be able to increase our production and productivity and we should be able to supply the [global market],” she said in a press conference after an event at her Ampang parliamentary constituency.

Sponsored Content

Creating partnerships: Supporting Malaysia’s sustainability agenda
If we have learnt anything in these last couple of years, it is that collaboration is key to achieving sustainability.

READ MORE
Indonesia accounts for 56% of global palm oil exports, followed by Malaysia at 31%. With Indonesian exports halted, a large gap in supply is left to be filled.

Zuraida also commented on the Malaysian Palm Oil Board’s (MPOB) call for a temporary suspension of Malaysia’s biodiesel mandate to ensure adequate supply of palm oil for use in food, after the Indonesia ban on palm oil exports is implemented.

The minister stressed that there will be no changes to the biodiesel mandate.

“We are still proceeding with our biodiesel [mandate], but the concentration is not so much that now, as we are going into a circular economy of biomass,” she said.

On another matter, the minister said inflation may be an impending issue, as the Indonesian palm oil export ban, coupled with the Ukraine-Russia conflict will impact
global vegetable oil supply.

Forced labour issues may also usher the supply and demand situation into bad waters, as the ongoing forced labour dispute Malaysia faces with the European Union (EU) and the US remains unresolved.

Previously, Zuraida said Malaysia is seeking to meet the US Customs Border Protection (CBP) and the European Union in July to address the allegations, as well as the fallout from withhold release orders issued by the CBP to FGV Holdings Bhd and Sime Darby Plantation Bhd back in 2020.

Jakarta’s announcement on Wednesday of a broadening of the scope of its export ban on raw materials for cooking oil to include crude and refined palm oil, left markets bewildered.

This is because just a day earlier, the country’s coordinating minister for economic affairs, Airlangga Hartarto, reportedly said that the ban would only apply to palm olein.

Airlangga was quoted as saying that the export ban would stay in place until prices of bulk cooking oil fall to 14,000 rupiah (RM4.22) per litre.

The bulk cooking oil prices on Wednesday (April 27) stood at 19,000 to 20,000 rupiah (RM5.71 to RM6.01) per litre in Jakarta, according to Reuters.
https://www.theedgemarkets.com/article/zuraida-says-malaysia-can-meet-...

2 months ago

8888_

Yesterday I talked avg RM 5K, RM 6K CPO, how about if actual CPO is RM 7K like today? Drop is you buy at discount not good?

2 months ago

manahin

When cpo rm5k fgv 2, when cpo rm6k fgv 2.01, when cpo rm7k fgv 2.02... Hahah!

2 months ago

8888_

Is it because Saji cooking oil cannot up? Why I see many supermarkets 5kg Saji cooking oil still sellling below RM 30?

manahin

When cpo rm5k fgv 2, when cpo rm6k fgv 2.01, when cpo rm7k fgv 2.02... Hahah!

4 hours ago

2 months ago

8888_

Ask govn pay for Saji cooking oil subsidies.

2 months ago

masterus

Oil prices are hitting all-time highs worldwide, creating long lines and panic buying. If that reads like an old story, consider this: we're not talking about fuel oil here. We're talking about food oil, and sunflower oil and palm oil in particular.

In the case of sunflower oil, it's because of a sharp decrease in supply due to the war in Ukraine. Russia and Ukraine together accounted for 75 percent of sunflower oil production before the war began, with Ukraine the world's largest exporter. With harvests in Ukraine stalled , and sanctions in place against Russian firms, production and exports have slumped: exports from Ukraine are down 95 percent since the invasion, and if the war grinds on, Ukrainian farmers risk missing their harvesting and planting windows.

The sunflower oil shortage has hit some Western countries particularly hard. Sunflower oil is one of the most popular cooking oils in Germany and the UK, both of which love their deep-fried foods and value (or valued) sunflower oil for its relatively low price point and comparatively high smoke point. The shortage has created runs on sunflower oil in both countries, with grocery stores rationing sales after shelves were cleared of all supplies, and some restaurants in Germany taking fries off the menu.

1 month ago

junkit

2022年最大涨幅的棕油股 - FGV:
https://youtu.be/V6HZye504TE

1 month ago

Mabel

https://www.bharian.com.my/bisnes/lain-lain/2022/05/952480/eropah-mula...

Here is More Good New for Mabel Oil...

Huat Chaii...

1 month ago

Mabel

Oil prices are hitting all-time highs worldwide, creating long lines and panic buying. If that reads like an old story, consider this: we're not talking about fuel oil here. We're talking about food oil, and sunflower oil and palm oil in particular.

In the case of sunflower oil, it's because of a sharp decrease in supply due to the war in Ukraine. Russia and Ukraine together accounted for 75 percent of sunflower oil production before the war began, with Ukraine the world's largest exporter. With harvests in Ukraine stalled , and sanctions in place against Russian firms, production and exports have slumped: exports from Ukraine are down 95 percent since the invasion, and if the war grinds on, Ukrainian farmers risk missing their harvesting and planting windows.

The sunflower oil shortage has hit some Western countries particularly hard. Sunflower oil is one of the most popular cooking oils in Germany and the UK, both of which love their deep-fried foods and value (or valued) sunflower oil for its relatively low price point and comparatively high smoke point. The shortage has created runs on sunflower oil in both countries, with grocery stores rationing sales after shelves were cleared of all supplies, and some restaurants in Germany taking fries off the menu.

Mabel Farmeow

1 month ago

lionel messi

Love the correction. Can buy cheap cheap. Whatever oil Indonesia going to export will still be not enough for the world. Imagine the population of India, Bangla, Pakistan, Africa, etc. All need to eat. The market for palm oil is so big.

1 month ago

seekingbeta

Inflation market, everyone need to cook. Palm oil still having demand. Agreed

1 month ago

zackboy

Now Thailand has announced they are limiting palm oil exports too.

1 month ago

DickyMe

As expected, after the festival, the paint fades away after fat cats had their free lunch.

1 month ago

8888_

Malaysia may cut palm oil export tax by half amid global supply crisis
https://www.theedgemarkets.com/article/malaysia-may-cut-palm-oil-expor...

1 month ago

lionel messi

Positive news for palm oil stocks?

1 month ago

8888_

Today rebound so yes.

lionel messi

Positive news for palm oil stocks?

1 month ago

purple70

The current Indonesian production is no longer sufficient for its internal consumption!

Indonesians are slowly moving up in consumption value chain and are adopting cooking via oil as base instead of boiling, stewing or grilling their food.

Imagine 220mil population which has the quickest rate of migration to middle class in the world in last decade, takes up more of CPO!

The issue w FGV is that its a cornered stock w FELDA owning close to 80%. FELDA is unwilling to privatise it despite great CPO outlook for good 6 mths once the UKRANIAN - RUSSIA war is over

1 month ago

lionel messi

Since Felda already own so much and not willing to privatise, this will be a high div yield stock. This will flow the bulk of the money earned by FGV back to them.

1 month ago

DickyMe

"DickyMe

As expected, after the festival, the paint fades away after fat cats had their free lunch.

1 week ago"
===================

The slide begins after duit Raya distributed.

1 month ago

8888_

1.67 DickyMe don't buy why waste time here?

1 month ago

DickyMe

LOL.. I never buy any GLCs FYI.

1 month ago

8888_

No wonder stock picks competition lose money haha.

1 month ago

DickyMe

Lol stock picks is a competition?? Wakakaka..
Win or lose, makan angin saja.haha.

1 month ago

Mabel

Still better than your 20 sen cumming forecast..

FGV just by and forget..

Everybody loves Mabel Oil..

Meow

1 month ago

Mabel

Soon Mabel Oil will power Malaysia Airlines..

https://soyacincau.com/2022/05/30/malaysia-airlines-first-passenger-fl...

4 weeks ago

PunTatBerSiul

Sabar! Masih ada peluang untuk tenggelam!

4 weeks ago

NorazmiAR

FGV Registered Profit Before Tax (PBT) of RM501 million in 1Q FY2022
KUALA LUMPUR, 31 May 2022 – FGV Holdings Berhad (FGV) posted a profit before tax
(PBT) at RM501 million in its first quarter ended 31 March 2022, a significant improvement
compared to RM15 million last year. This is mainly contributed by higher margin of palm
products, downstream, fertilisers and logistic business.

https://www.klsescreener.com/v2/financial-reports/view/715035

4 weeks ago

NorazmiAR

Even with LLA fair value adjustment, the nett profit is one of the highest since listing in 2012.

With PE 4.3 only, FGV will moves pass 1.75 after 2.30pm... don't miss out the opportunity of CPO bull market

4 weeks ago

calvintaneng

FGV excellent as Cpo prices range Rm6000 to Rm6800 till End 2022

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/...

3 weeks ago

Mabel

Hujan Emas 5G masih lagi dalam sembang
Emas Techs sedang bergolombang
Hujan Emas O&G sedang berlari lari
Hujan Emas Sawit berbunga berseri seri

Hari Hari Mabel tengok ladang
Bila tengok bertambah sayang
Macam mana Mabel tak sayang
Harga Kelapa Sawit terus berkembang

Hujan emas di ladang sawit
Hujan batu terkena tauke kuih sepit
Tak apa kalau tak ada duit
Mabel dan kawan bolih kutip tanpa sulit..

Mabel Ayu..

1 week ago

PunTatBerSiul

DickyMe

"DickyMe

As expected, after the festival, the paint fades away after fat cats had their free lunch.

1 week ago"
===================

The slide begins after duit Raya distributed.

1 month ago
=========================

Yes. Only cronies and mistresses are privy to sudden rise.

6 days ago

EVO118

Are they working to get the price down to below 1.30 so they can make another GO @ 1.30 or even @ 1.40 before the expiration of the generous continuous extension granted of 6 months on 3rd August. Absolutely unfair to take advantage of shareholders who did take up the offer before.

5 days ago

EVO118

Pay raise for FGV chairman, non-executive directors.
https://www.theedgemarkets.com/article/pay-raise-fgv-chairman-nonexecu...

Ridiculous! Have they done anything. Should be performance link. That is what happen when FELDA has the controlling interest and has not corrected it since the GO. Straight abuse and manipulation of minority shareholders. Wake up BURSA. By the way, anybody from FGV gone to jail yet?

4 days ago

investmalaysia618

hehehe, that's why better avoid glc at all cost.

4 days ago

manahin

Hehehe GO coming...

4 days ago

EVO118

What is the point of having a public spread requirement ruling if they can't even enforce it. Just close one eye because we are GLC!

4 days ago

lionel messi

When and what's the next GO price?

4 days ago

OnTime

let corruption flourishes!

4 days ago

EVO118

Kit Siang urges Cabinet to freeze all increases in salaries and allowances of GLCs.
https://www.theedgemarkets.com/article/kit-siang-urges-cabinet-freeze-...

“This is not only most excessive in troubled economic times, but downright obscene, and must be smacked down by the Cabinet and Parliament,” he said.

Well, at least there is someone who is thinking what I am thinking. OBSCENE! What happen to the opposition leader? Why do we need a retired leader to make a comment like this.

4 days ago

RTA09391

Buy

3 days ago

EVO118

SHOULDN"T collect until it gets below 1.30. Forget all the hype , it is a price controlled stock.

20 hours ago

moneyontheway

@lionel messi, what will happen to FGV after the 3rd of August- will there be another round of extension?

15 hours ago

manahin

... try very hard to maintain at 1.50 hehehe

12 hours ago

manahin

GO just around the corner

12 hours ago

lionel messi

@moneyontheway, I have no idea man. But one thing for sure is definitely will be taken private. Already Felda said many times don't intend to maintain listing. When and at what price I don't know. I suspect it will be sooner rather than later. Another thing for sure is that dividend this year will be at least 10 sen from 8 sen last year. Major shareholder Felda wants more money to flow upwards ma since they hold more than 80%.

11 hours ago

Post a Comment