EVO118
cost benefits analysis or whatever out there, can't be used all the time. In fact, they can lead to dangerous thinking, like what you are thinking. Sorry to say, but have you read the book by Tony Fernandes? Everyone say can't do low cost, yet now it seems like, everyone indeed can fly. If Tony do cost benefit analysis or whatever, we will not have Airasia and the many hundreds of competitors out there. No bank will lend him money, to whatever idea. When someone have an idea and they failed, doesn't mean the idea is bad. It could be execution. And as history prove to us many times, you often times fail, and many times at that. There is no such thing as sure win, guarantee to make money etc. So must let the leader try try something new too.

EVO118, don't get me wrong, i also agree with your point. Indeed, FGV has no other business except making its current business as good as it can. To venture out and diversify, this can be done not in a big way, but with a small team and dedicated and fixed budget. Malaysian companies need more of such "R&D" money and explore and be creative. According to analysis by xyz..they found that Malaysian companies are top heavy in terms of returns to shareholders, compare to employees. So this is one way to correct it, do more R&D, which will boost all kinds of incomes for everyone.
If you refer to current production statistics of FGV, i reproduced below, you can see FGV is getting its mojo back.
Sep-17 Aug-17 Jul-17
9% 9% 12% Fresh Fruit Bunches
2% 6% 17% Crude Palm Oil Produced
2% 12% 23% Palm Kernel Produced

This is compared to year ago. When seen through a chart, production is highest in as many years. So we must give credit to the staffs, and i prefer to let them keep exploring.
Regarding Isa as political appointment, back in 2012 or earlier, it was pretty much still Tun M time, still kamcing with PM. So it seems PM just let him continue on, until he screwed up. That is PM style, he let you stay and do your job, regardless of your politics.
If you check EPF CEO now, he is very much Tun M guy, brought up by our ex BNM advise Nor Yakcop. Yet, najib let him and appointed him EPF boss.

pakatan_harapan2
You are making yourself look stupid? ....
Businesses can claim on their GST?, so no such thing as you wrote? :)

EVO118, i think you are too quick to jump into the same old conclusion. The idea on the TN50 is still evolving, this is your chance to think of what else can be done to the huge land bank, where the palm trees located. If tourist visited some nice place at the plantation, so money can be made. This is diversifying business sources of income, and it is very good. Zip line along the plantation?
So my conclusion is this is a good idea. How to do it, and what concept, they have to think and try a few different concepts. So some money will be lost, but if they find the right one, we shareholder can gain.

Peter Leong,
Of course the people will decide. On fair game, i have more worry about Tun M and his cohorts, this means include DAps etc, than the current PM playing unfair. As it is right now, it is clear BN will win the election as both Sabah and Sarawak is always the important card, and this is solidly behind them. The stock market is portraying this win, otherwise we can see stocks to be so volatile. So as it is, we already knew the outcome of the GE14. So yes, i am more worried about ph not playing fair, not the other way around.

Peter Leong, they have been given the chance.
Do you have an idea what is the budget deficit for Selangor? Something north of 33%. For every dollar to spend, 33 cent need to borrow. And Selangor gov income is probably falling too, so Azmin will need to increase your quit rent etc.
In Penang, no need to say much. I think it is pretty much in a disarray. LKS won't say anything about LGE, poor guy. He said tenggelam like venice in italy before when flooded, now just keep quiet? So they don't know enough how to take care of the rakyat.

curious2
You talking like PM have magic crystal ball. Nobody have, not even you. You have forgotten about history and as pointed by focusinvestor, the IPO was successful. And if you think Dr M know how to manage the economy, then read about the BNM loss and the many companies needed bailouts. At least FGV is still running and not needed bail out yet. And Dr M Proton, already how many times? So nobody is perfect...

BN_menang, try give better ideas on how to improve FGV.
Automation?

izoklse, i think pm is just doing his job. As much as he remember LGE bad mouthing him, saying he is crook, stole billions (which latest Sarawak report showed he didn't and the money returned), he still have to do his job. I think it is plain to see how bad LGE and co look, they say dictator this and that, and whatever they say, does not carry weight at all as it can be seen as the opposite. Now it is up to penang to make the right move for their own future.

Good performance from FGV in the latest production data release.

FFB, CPO and kernel all in record territories. Rubber decline, however, but it is smaller piece.
With this, we can expect increased revenue and of course the profit.
I think easily will touch RM2.5.

Glad i pulled the trigger to buy recently.

pakatan_harapan2,
This is what your team plans to do, so you didn't mention the rest of it.
https://www.nst.com.my/news/politics/2017/10/295538/dont-be-surprised-if-pakatan-u-turns-gst-too

Inside, now we know what pakatan want to do:

1.Increase income taxes
2.Remove the letter G replace with letter S like i said before, so no abolishment, just magictricks
3.Inheritance tax is now confirmed inside and proposed. Inheritance tax can be up to 55% of your entire asset upon die in some developed countries
4.Introduce a new capital gain taxes on trading in bursa, which is 300% to 6000% more than GST on trading currently!

So now we know. So money wise, we will be worse off than current setup.

KLIA2 retail beverage sales reported up by huge amount. This means lots of passengers?

Always good to subscribe it. I always do. Current drs is 5.6+, so still have buffer. Just accumulate.

Felda-settlers, we hope you kerja rajin and produce more ffb lah, this is how to move the price of FGV to 2.5. If everyday posting comments here, who will collect the ffb? We can't hope on gov to change our fate, we have to do it ourselves.

limch,
I have the same expectations as with Shahrir. Reason is i have checked the monthly production stats of FGV, it is breaking record amounts (i posted the trend in my older posts). I expect better revenue and profit ahead. This is the reason i just bought more shares. Politics is politics, but if the fundamental is improving, we should be buying before the big boys start buying.

Now i also want to go back to make money again, but how to sleep well at night if there is a group out there saying will abolish GST, then increase income taxes by big amount, reintroduce sales tax, and also introduce new taxes, such as trading profit tax (capital gain) and also inheritance taxes?
The biggest beneficiary of the abolishment of GST is foreigners and illegals. This is the reason i asked AdCool whether he supported GST.
What is the point we all here make so much money and someone else easy easy take it away?

BuyWithConviction, don't worry, AdCool seems gentleman enough, no personal attack. So all is well. Because FGV is politically linked, so it is quite natural for us to talk about, well, politics. After 1MDB is over, suddenly FGV is the next battleground.
AdCool, i noted that you didn't answer the questions, so let it be lah. So before i close this issue, i want to highlight the following:

Opposition today is totally different than what it was in 2008.
Today's opposition is hell bent in dismantling the economic basis of the country, the very fundamentals of our country. They are hell bent to gain power, at whatever costs. They are willing to work with anyone, even you know who, in order to gain power. The way Tan Sri Khalid removed, and then fighting with PAS, and then change totally, breaking up.

The funny thing is, the BN that we knew before, is also totally different than what it was previously. Gone are the days of restricted freedom, the cronies, unchecked corruption, accountability etc. Nepotism no more, yet in opposition, every single group inside is father, son, daughter, mother.
The BN today is different, and very modern compares to the BN during Tun M times. So we need to put the context where it belongs. Sometimes, lembu punya susu, sapi dapat nama...so it is quite misplaced. Opposition should stop harping about BN corruption, nepotism or cronisme, that is BN of the old. I asked many people to name Najib's crony, until now they could not answer it. I ask them to name his sons doing business in Malaysia, benefitting from the government, they could not name any. Those were the old ways, and it is no more.
This is my view, as balance as i can be.
So for opposition supporters, they are harping about the old BN that is no longer the exist. With Tun M as opposition best grandpa now, i see no hope in their group. Proton ver 2 anyone?

masterus, so now you know why inflation doesn't really matter in the end, and currency values too

Yalah..where is radzi and his best friend?

AdCool, wahh, you so jump to conclusions without any facts. Even say i got money from BN for posting comments. Why stoop so low? Don't accuse people without proper facts and don't make assumption without supporting facts.
Now to my questions, you clearly do not reply to them. GST? Proton 2? Corruption evidence?
Reported today of corruption happening in Selangor MB office, read lah, so no corruption in Selangor you think? If you say you see so much corruption happening around you, and you are probably in Selangor, than wouldn't that confirm my thesis against you?
Chaostrader 2.6B was returned to sender, didn't you read that part of Swak report? No money indeed taken, this is reported by your own website and this happened back in 2013. So check your facts lah.
Soalan 1MDB kena block because it is the wrong issue to discuss. What you want PM to do in parliament? Sack the 1MDB CEO? Oh ya..he did that indeed. What else? And you all believe the edge reports is it? How about the many wrong facts from the edge? Still want to believe?
And you say robber? Which PM got many sons in business? You talk no proof.

Now on the LKS/LGE thingy, let me say this, who is in their right mind, appoint himself as chairman of a GLC, and collect additional salary and allowances on it? What crock? If you already paid as MP, and then as YB, and then additional salary as CM, and then all the perks and allowances, and you want to be chairman of not one, but many companies with so many incomes? This is good? So easy to meet KPI, award project from gov to own GLC, and collect money? This is common practice, so why continue it?
I can cite 1001 facts like i said. You refuse to see the facts for yourself. Now start by answering my questions, to be fair. Otherwise you are the one wasting everyone's time here.

AdCool, i am the one who is asking for your facts. No need to turn the table on me and asking from me the facts. You support your own claims you have made earlier, with facts. If you ask me for facts, i can provide you with 1001 facts against your opinion. So like you said, it is futile.
So you said GST is good then and you supported it. And indeed, GST brought good result for the entire country. However now ph want to abolish it. So what say you then? Do you agree income taxes and trading taxes in bursa be increased, so gst can be abolished? If you dont agree, then say so.
You are wrong that PM N is the chairperson for 1MDB. Check your fact, he is just the advisor committee and do not get involve in daily business.
For PM and FM in one person, isn't this started from previous PM, which incidentally, the Tun himself? I am sure one day, this post will be split. If you ask my opinion, i don't like it be combined, however there are valid reasons for it. For example in your own house, if you are the father, you have absolute decision making power, so it is very normal for you to handle finances directly. Imagine if financial matters is handled by someone else, not you, it will be complicated. So there is a pro and con to the approach.
LKS and LGE conflict easily seen out there. Where got LKS reprimand LGE? Like i said, even bro of PM can comment on him. So this is real conflict for LKS. Now in fact, he don't even comment anymore about BNM forex, perwaja or whatever. So conflict as well. That is fact. This are not my opinion, that is just your perception.

AdCool, i don't give you my opinion. I cited facts. I asked for yours. Now you say no need to debate. What gives? I don't ask for your opinion, i only want your facts. Like you said, who cares about yours or my own opinion, everyone is so entitle to their opinion, so no need to bother. What i do care is facts. Because that is truth, real info. BUkan fake news macam what the edge daily did yesterday. I told everyone so many times about the fake news like that.
You says corruption, crony etc, so where is it? I can't even name the child of PM doing busines sin Malaysia, but i can sure name the child of ex PM doing business in Malaysia. Not one, but many. Some more, his other child want to be PM. This is evident. Where is child for current PM want to be the next PM? These are facts, bukan buat buat.
When i mentioned proton 2, and other things, now you say no debate? Just give facts lah.
I never claim i support BN or what, i only after the facts.
Someone said here abolish GST, so i cited the fact that that is not the case.
Pasal try try for five years, this is a done deal, we already try try in penang 2 terms, so i can see the result.
Finally you mentioned about crony, and LKS and LGE is family, to me conflict of interest, as simple as that. LKS dont complain about LGE whether he do anything bad. So ni panggil apa? Even bro nazir boleh comment about his brother, so why not LKS?

AdCool, just to give you some more info, ex PM Tun M said he will create Proton 2. Now you agree? Who will give money and how to pay for it? You talk alot about corruption and crony, and claim current gov is dirty, but I think that is just your opinion. Facts are not supporting it. In fact MACC is being blackmailed, that i can see.

AdCool, you actually believe what you are saying? Can you show proof..such as, which crony of Najib..or his sons walloping money? I can list many for the former premier, can you name the same? In reality, there is none. Those naughty politicians are all answering their actions now, including in Sabah, and in fact, including this very company FGV recently.
To Felda_Settlers, you said oposition say no GST? That is BS, because now they say they will only remove the letter G from the GST and replace it with a letter S. So same thing right? So you still believe your good luck? You want everything free? Nothing is free lah. If you want gov to do xyz, sure need money, someone need to pay for it.

Bornwinner, are you referring to the stock, or the company? Seems like company is doing ok

Chaos trader, i am following suit on the Chairman by buying as well...

pakatan_harapan2, what is this RM1,000,000,000.00 payment? For Felda people? Why you give some facts, or do you even know anything?

limch, you are right, production figures are so good.

Fresh Fruit Bunches 436,252 336,162 365,317 341,243 299,583
Rubber 440,656 275,733 208,342 110,917 236,320
Crude Palm Oil Produced289,208 220,521 256,313 239,186 204,771
Palm Kernel Produced 71,980 55,608 65,633 64,105 55,510

And yr over yr it is
+12%
+50%
+17%
+23%
for each category.

This is impressive, so i am buying the shares. This is especially telling that the chairman is buying too.

I re-read the rookie author at Bloomberg, he edited the article, coz he was obviously wrong! But never admitted make mistake, just edited and add footnote. This happens after Maybank teaches the guy how to calculate loan to deposit ratio, hahaha. Anyway, these kind of articles are dangerous for Malaysia. They don't portray the real things, even numbers are clearly wrong. And many people simply accept and take the article at face value.

gcke,
You mentioned our present core leaders, it also include all other states, including Penang and Selangor. Apprently nobody has learnt from the episode, except for well, PM himself. He is dismantling 1MDB, while Selangor created a new investment arm. Why create new one? Bukan sudah sendiri cakap? Mana oversight?
I guess we should not be double standard and look from all angles on everyone.
When PM want to create 1MDB, I already knew what will happen. This corporation is nation first, profit second. So susah mau buat duit. Itu sudah confirm. Further, 1MDB was created because most Malaysians sudah fedup with IPP. Sudah lupa? Bukankah opposition so bising want IPP to be bought over? So 1MDB is supposed to buy out the IPP, so of course susah mau buat duit. When the power plant broke down in 2012, 1MDB lost money. Did you remember this? How much 1MDB lost? Did you know that Syed Mokhtar Malakoff also lost money on the same event, with the same design? This is just business going on as usual, nothing is perfect. Any mismanagement? Obviously no. I accepted this as business issues which all companies face.
I still can recall under heavy pressure from opposition, 1MDB have to recall a bond of USD700 mil and on that day, 1MDB lose 300mil ringgit. This loss is caused by opposition. Did you remember that day? There are other losses due to this interference.

All for one mantra is so sound like during Tun era. Currently, Malaysia is different, Everyone benefit in our current economy. Even foreigners.
On the DI, maintstream media such as NST never reports the DI to be released today, or tomorrow. I already checked it. This is your own personal assumption. In fact, even if they report it, the source will go to those who report it first, and which media is that?
And the link you provided, the one that mentioned BNM was bailed out?
And finally, connecting the dots, i can safely say the 1997 and 1998 crisis we have is directly related to the BNM just a few years later. Malaysia took 10 yrs to recover from this episode.

What you're talking about? Is it about under Tun times we lost so much money..100bil..that even BNM need to be bailed out? Is that stupid enough in your vocabulary, or not even stupid at all? Who is causing the country to lose money? PM that get money from overseas...bringing in fdi, or the other?
If KYY says return of superfrog, wouldn't that title also can be bestowed on our previous previous PM?

Azhar already sat on this for entire week.
I think result is coming, maybe tomorrow, before the long weekend?
we need to brace for this ....

1MDB small issue blown out of proportion by people controlling the media.

Now look at RCI, only now we hear, under Tun, what happened. First time i heard a central bank being bailed out using capital injection from shares of companies. This is unprecedented. Basically BNM was bankrupted. And no time to recover for 1997, which was just a few short years later. My conclusion, this caused the almost bankruptcy of Malaysia in 1998. But regardless, ringgit was devalued by 50%. This is a bigger scandal than 1MDB. And despite all that, Malaysia is a good hardworking country and we bounced back. Even ringgit devalued so much, we grew richer regardless. THis shows currency level is not so important.
And this fact was proven again and again. Recently in 2016. Nothing happen when ringgit drop so much. In fact, economy was well and BNM didn't use its reserve speculating or defending ala 1998. So now we are better off, and once again, the level of the currency matter very little. Overall, Malaysia still grew very well, becoming richer every day.

So stop harping about 1MDB, as we have a bigger scandal previously, almost bankrupted Malaysia possibly turning us all into pariah, even BNM need a bail out. Why don't you talk about that?

Michael, that is not a proper attribution to the decline in ringgit.
Ringgit devalued mostly due to the price of oil. Thereafter, the result of money going out of the country, people speculating and also for investments. Then USA economy growing so much, the USD went up by itself, against all currencies. So due to 1MDB, is not correct attribution.
Because of 1MDB we have GST? That is a bull, you should check your fact. Gov plans for GST since 2006, but never get going. Luckily we did it. No relationship with GST. Without GST, the country indeed, will suffer. Your foreigner friends enjoy life and all the facilities that you pay from your income taxes, while they don't have to pay a cent. Now they do. And those black money that every opposition people make noises about, now they have to pay GST on their purchases. Everyone need to pay, this is most fair. This is a very good fact. If opposition abolish GST, means they like the black money....at the expense of locals. That is my conclusion.

matg, i based on the fact that Srwk Rep itself reported that all the money received by you know who, was returned to sender. Do you know this fact? Did you only read the first report from them, but didn't read the 2nd one because you jumped too much everywhere? Now you berani ask me i believe or not, now i asked you, both stories from the same source. If you believe on, will you believe on the other?
And did you read that Sreport editor is brought to court in London? And the outcome? Claim of smokin' gun evidence of corruption? Yet, no evidence at all presented when sued. So now how?
I guess you will not be laughing now...

gcke,

Your wanting has lot of holes in it. We human tend to say something, but then demanded something else. We like to double standard. For example, you want xyz gov agency to prioritize malaysia in its investments, which means, service to country first, then profit. But i see this many times, when 1MDB do service first, profit second, everyone bising mcm katak. Padahal bukankah for service to nation first? 1MDB purchased billions of power assets, to avoid falling to outsiders, and paying premium price for it. How to make good profit? So now people say 1MDB no good this and that. I viewed it differently. Nation first, profit second. People like to blow things out of proportion.
Selfless leader? Now with opposition leaders joining with old Tun, now i am seeing lots of old scandals being repolish for all too see. Like Tun said before....mudah lupa..
Hope you apply the same standard to everyone and yourself.

Finally, we must start with ourselves. If you want this country to prosper more, please work hard for it. I saw many people complain and complain, but take no action of their own.

2nd Finally, you are asking EPF to buy FGV shares, is that a bail out, or what? Who should instruct EPF to buy? You want PM to instruct? Then what will people say? Bail out? Or what? You want to avoid this kind of this, but now you want it pula. Are you bipolar (sorry, no pun intended)?.

And to those who were jumping about DI being resolved..i read in mkini news..fmt etc..all saying that DI will be known later today...but then it never happen..and FGV only says to be known early next week (this was last, last week). Never did FGV says so, and on which day. and those media already says so. And turned out they were all wrong. Again, Malaysians are taken for a ride. And those media quickly change their news report to DI will be known tomorrow instead. THen also wrong. Then change it to whenever...i guess the lesson is..what kind of reporting standard is this? Hype and false info, reported as facts, and found to be crappy information. I expect better standard of reporting. I also can imagine things and report it as news...and if wrong, just change it later.

I decided to sell all of my shares. I think moving forward, QL margin will be squeezed. Competition is very heavy and they are attempting to move further downstream, which is even more congested.

gcke, your link showed that, for the first time ever in history of the world, we found that companies bail out a central bank, not the other way around. Wow..i never heard about this before, such things sweep under carpet as mentioned in RCI?

My take is, DI indicate or found something about Z. Now with new chairman, he is scrutinizing every bit of this DI. Unless he confirms it, then this DI will be kept delayed. In this case, if we hear from FGV in one or two days from now, then it is ok, if not, then it is not ok. If Z is not found to have any issue, then the entire board must go.

Ammar Roshidy, you are way over your head to think like that. China not happy if Malaysia invest and kamcing with USA? Do you know how much China invested in the USA? Try to guess, it is not billions, but more.
What actual motive, can you give any? Stop thinking so negative. Sweep under carpet is also not correct. It is quite open.

When Tony speaks like this, means he is up to something.
I think too early to let go of this stock, i rather wait until near 50cent.

Where is that Bloomberg article saying something "sinister" is happening in malaysia banking system ....so rookie the writer, don't even understand Loan deposit ratio and Bassel acts..

curious2,
Based on records in the corporate world, the chance to be retained is quite low for a CEO once this kind of procedures commences. But then, since FGV is now a battleground, and the Chairman is replaced, then Z might as well be reinstated.
If such is the case, then the board of FGV should be replaced by the shareholders, as Z will need a fresh slate.

I totally supported GST because everyone pays, even illegal workers from foreign countries. They enjoyed our facilities, but not paying for it previously.
Abolish GST and replace with sales tax, isn't those two are kind of the same thing? Sweet statements...hihihihi

AdCool, no way to compare currency like you do. That is not a valid comparison. Malaysian purchasing power is still very strong. Just take a look, after more than 1.5 years, finally the economy is responding to the ringgit's depreciation. Exports up a record 30.9% on top of already highest ever numbers. Yes, it really take a long time for the economy to adjusts, and now GDP is responding by moving higher and correcting for the depreciation. Soon, the purchasing powers of Malaysians will corrects too by higher incomes. Where do you think the additional exports money of +30.9% will go to? To our pockets for sure ... Sometimes, patience is very important.

Sorry, but i must called out your comment on making war.
It is certainly not sweet, and not fun. In this modern times, there are other avenue for resolution.
Imagine if such wars affect you directly, will it be fun?
And it is not correct that war make rich people richer. War destroys wealth, especially of the rich.
So better be careful of what you wish for.

I have reviewed the quarter report and compared it to previous quarter as well as previous year. My conclusion is the result is OK. Not that great, but OK. Most importantly, passengers carried is way up, which is very important. I am not sure on their plans for adding planes, we need to know this as they are reaching load limit on the planes.
Also another way to grab market share is from full fare airlines, means go head to head with them in their direct market. Tough, but normally lowcost airline will win this. Their only limitation is regulatory and gov supports to some airlines.
What is up with Malindo? Are they doing ok financially or not? If they go down, their passengers will move en mass to AA group. This will be very profitable for the group.

I am very sceptical AAX can increase ticket prices. This will cause reduction in passenger load. Competitors will then grab market share. As a long term investor in AAX for several years already, i am very well knowledgeable on this strategy of AA as a group. Once market consolidate, with some bankruptcies, you will see ticket prices to shoot up pretty fast. Many people underestimate the market of low cost airlines. Passengers are very sensitive to price. In fact, they hardly have any other differentiator other than price.
When AAX was bleeding sometime ago, losses of 200mil a year, they even reduced their ticket prices. This shows they have no room to increase it at all. So in this cut throat market, grabbing passengers is the most important. Grab first then think how to manage the costs.

Chillax guys, this is AAX same game all over again. As long as there is heavy competition, ticket prices must drop to the absolute minimum. Stay there as long as possible, and gain market share if possible. Those who survive, will reap huge benefits. Those who don't, will exit or bankrupt. SIA has done this 3x if not mistaken. Indeed, Malaysia is way ahead in this area and have big control in the market.
We can see AAX purposely lowers ticket prices and load the plane up, to gain huge increase in passenggers carried, which is my most important metric. Looks like management is well in control, and cost is also well in control, and they can fine tune their ticket prices to generate relatively modest profit.
Now, we obviously have to wait until competitors die off ....

No recession in Malaysia anytime soon. This Professor is citing that recession occurred every decade, so one must occur soon. That is wishful thinking.
Most important indicator is population growth, including foreigners. Then investment levels by companies and government.
And GDP is not a measure of everything. For example, the GDP of taxis has dropped, mainly due to cheaper grab or uber in the market. This means economy is good, but GDP shows it is bad. So one must look carefully.
Of course as investors in many bursa companies, it is easy to tell if there is an oncoming recession, just look at the quarterly profits of many companies in many sectors.
Now government and corporations should look more at ex-KL areas, which have good growth potential, and invest there.

Royce Chan, i dont have any estimates for sukan sea, also i read all analysts, none provide any. What kind of standard these analysts are, that's why i have to ruled out so much of what they say such as alliance recommend selling AAX, target price 20 sen or so.