cpo_

cpo_ | Joined since 2015-05-30

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Stock

2015-11-20 15:18 | Report Abuse

TRT-ERGO sale will be booked this qtr. Expect higher 4th qtr profit.

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2015-11-20 15:05 | Report Abuse

IOI and TSH report loss because of high USD debts? Will it be better since USD still high in 4th qtr 2015? Luckily FGV don't have such problems.

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2015-09-04 15:59 | Report Abuse

If judge a company on QR solely FGV in not entirely bad. Some CPO stocks even lose money when CPO price drop eg GL Bhd, etc.

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2015-08-26 14:52 | Report Abuse

Those wait for RM 1 will miss the boat. CI keep going up likewise FGV should follow.

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2015-08-24 22:20 | Report Abuse

Golden Land(GLB) and Eagle High(EH) purchase is yet to complete(expect to complete in 4th qtr 2015). Perhaps should cancel or renegotiate for lower price due to drop in GLB and EH share price.

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2015-08-24 22:14 | Report Abuse

EPS is better compare to past 3 qtrs.
There is RM 15 million currency translation gain. Perhaps the figure is even higher with continue strengthening of USD.

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2015-08-24 21:18 | Report Abuse

13. Material Changes in the Quarterly Results Compared to Preceding Quarter (continued)
(a) Palm Plantation The segment‟s results increased to a profit of RM94.27 million from a loss of RM1.57 million recorded in the preceding quarter due to increase in CPO production from 566 thousand MT in preceding quarter to 838 thousand MT in current quarter on the back of higher FFB production of 1.22 million MT in current quarter compared to 930 thousand in the preceding quarter. OER was higher at 20.56% compared to 20.50% achieved in the preceding quarter. In addition, LLA fair value charge decreased from RM73.51 million to RM50.31 million in current quarter. The increase was partially offset by the decrease in average CPO price realised in current quarter of RM2,251 per MT compared to RM2,279 per MT in preceding quarter.
(b) Sugar
Profit from Sugar segment increased by 23.3% to RM113.64 million due to increased demand for refined sugar during the fasting month in the lead up to Hari Raya in July 2015.
(c) Palm Downstream
The Palm Downstream segment registered a profit of RM14.51 million compared to a loss of RM21.69 million in preceding quarter. This was due to improved margin achieved in fatty acids business and local downstream activities apart from higher sales volume of CPKO.

Stock

2015-08-19 12:09 | Report Abuse

If not mistaken BPlant also sold some of their oil palm land not long ago.

Stock

2015-08-19 12:07 | Report Abuse

If FGV decide to sell 1,000 hectares of their land to a property company at RM1-10 per hectare will there any buyers? Part of the proceed can be given to Felda settlers for their lost income the rest belong to shareholders. If RM 1/hectare cash receive is RM 107.639 million whereas RM 10/hectare cash receive become RM 1.07639 billion.

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2015-08-19 11:49 | Report Abuse

Land price everywhere in M'sia is sure to increase is yield guarantee to increase?

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2015-08-19 11:37 | Report Abuse

Talk is easy but is yield easy to increase? FGV management can choose to sell their oil palm land should good offer come in.

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2015-08-18 23:13 | Report Abuse

Hopefully coming QR(latest by next week) show improvement over last 2-3 quarters QR.

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2015-08-18 23:07 | Report Abuse

Weakening MYR is a boon to FGV oversea assets. Pound sterling has appreciate so London hotel become more worth now. Canadian crushing plant also benefit from appreciating USD should FGV decide to sell now.

Stock

2015-08-05 23:05 | Report Abuse

If MOF or PM support can ask govn to come out some money for Eagle High purchase?

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2015-08-05 23:04 | Report Abuse

Got minister approval as shown in Star paper. Felda votes very crucial next election?

http://www.thestar.com.my/Business/Business-News/2015/08/05/FGV-stake-buy-on-track/?style=biz

Stock

2015-07-31 15:02 | Report Abuse

Good QR, dividend coming still cheap to buy now. If cancel Eagle High buy high chance to move RM 1.90.

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2015-07-31 12:23 | Report Abuse

Is it possible Muhyiddin to replace Isa Samad as FGV chairman?

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2015-07-31 12:20 | Report Abuse

After announce buying Eagle High FGV drop from RM 1.90 better cancel so move up back?

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2015-07-31 12:15 | Report Abuse

Eagle High buy cancel?

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2015-07-23 17:56 | Report Abuse

I like the acquisition but not the price paid(775 IDR) so better shareholders reject it. Unless Rajawali can come back(since deposit paid but refundable) with lower offer eg 450-500 IDR better reject. Moreover Eagle High price now lower than the time deal made.

Stock

2015-07-22 23:41 | Report Abuse

Yes lulucf. Waiting for another one like last year in Sep or next month when they announce QR although dividend is likely to be reduced since profit reduced. Similar 4sen dividend is consider good enough.

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2015-07-22 10:58 | Report Abuse

As a contrarian I buy beaten down stocks like FGV than chase high flying one like people chase Cocoaland or others.

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2015-07-22 10:54 | Report Abuse

If Cocoaland buyout(RM 2.70) can be cancelled why not FGV deal with Eagle High?

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2015-07-22 10:51 | Report Abuse

If Rajawali still want to sell Eagle High, if I were Emir offer 450-500 IDR enough if not deal off.

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2015-07-22 10:33 | Report Abuse

Perhaps if FGV cancel their Eagle High purchase can FGV climb back above RM 1.90? They can decide by end July. If I were Emir or other FGV management I will cancel unless Rajawali willing to offer lower price than 775 IDR for Eagle High.

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2015-07-22 10:30 | Report Abuse

Will coming QR better than Q1 2015? Q1 2015 result is affected by flood in East Coast.

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2015-07-22 10:28 | Report Abuse

Now wait for coming QR and dividend news. Last year there is dividend in September. Will this year the same?

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2015-07-22 10:12 | Report Abuse

Emir more familiar with FGV than other people. Give him another chance until next year. Perhaps FGV can try to sell their oversea assets now that MYR is weak to make money. FGV has assets in Canada and London(property) which they can make huge gain due to weak MYR.

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2015-07-22 10:07 | Report Abuse

No further selling from EPF and KWAP is consider good news.

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2015-07-15 11:13 | Report Abuse

FGV sure got a lot of oil palm estate landbank. Is it hard to find 1,000 hectares of land to convert into property land?

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2015-07-15 11:05 | Report Abuse

FGV should learn from IOI, Sime Darby, KLK, Gen P, etc how they make money from converting their oil palm estates become property land.

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2015-07-15 11:02 | Report Abuse

If cannot make enough money(due to low yield, etc) in M'sia FGV better sell land to property developers.

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2015-07-08 23:33 | Report Abuse

Maybe not now but perhaps 1-5 years later who know?

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2015-07-08 23:09 | Report Abuse

Ny036 if Felda land in Pahang, Kelantan and Terengganu yes not valuable but in Johor and other states in West Msia should convert to property(or sell to developers) than continue CPO business.

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2015-07-08 23:00 | Report Abuse

If I were Emir I will sell FGV land(area worth a lot-Johor, NS for example) than continue not so profitable CPO business.

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2015-07-08 22:57 | Report Abuse

Memang FGV that's why profit low. Buying Eagle High is management(and Najib) thinking to improve profit.

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2015-07-08 22:51 | Report Abuse

We shareholders also get 4sen dividend ex-date last month. Payment date is 10th July.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4747053

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2015-07-08 16:34 | Report Abuse

Najib said yesterday FGV share drop is temporary. Must sack EPF and KWAP CEO for not listening him.
http://www.thestar.com.my/News/Nation/2015/07/07/Felda-shares-decline-not-a-worry-najib/

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2015-07-08 09:46 | Report Abuse

Yesterday Najib speech meaning he is supportive of FGV purchase of Eagle High.

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2015-07-08 09:42 | Report Abuse

Ring you talk badly about FGV management. Why Najib does not want to sack them?

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2015-07-08 09:37 | Report Abuse

Why EPF can buy loss making IOI over RM 4 but sell profitable FGV at huge loss?

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2015-07-08 09:26 | Report Abuse

Najib does not hint to sack(blame) FGV top management for their poor performance as perceived in i3. So who has to blame for FGV share price flop?

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2015-07-07 21:24 | Report Abuse

Najib you have power to sack EPF and KWAP CEO which keep selling FGV shares. You may lose 2-20 votes(plus their families votes) but can you lose Felda settlers vote next GE? Who rescue BN last election apart from Sabah and Sarawak voters? Felda settlers also play their part.

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2015-07-06 09:19 | Report Abuse

FGV confident of double digit return from Vietnam.

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2015-07-02 22:49 | Report Abuse

I see today KPF selling their other counter Teo Seng(with profit). Hope they will use the proceed to buy FGV and not other counters.

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2015-07-02 22:48 | Report Abuse

400523 at least your comment is positive. I will add if KPF(major shareholder) start buying the confidence will come.

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2015-07-02 22:46 | Report Abuse

Any FGV shareholders here? Why mostly negative comments here? I see other thread members mostly talk positive about their counters unlike people here. Can someone answer why?