again last minute ...something not right .. retail investor being fckued up

will down another 10 sen today .. large volume at 0.900

The bad news just don't stop for FGV

World palm oil body cites FGV, alleges 'forced, unethical' labour practices

https://www.malaysiakini.com/news/454044

those who can hold ...keep if to sell now rugi habis ....2019 CPO should recover at least the price will go above 1.2 so for the time being hold only

FGV Holdings Bhd is likely to record another round of losses in its current fourth quarter ending Dec 31, marking the group’s negative earnings for the third consecutive quarter.

None has a “buy” view.

“It is also looking to beef up returns from its downstream assets and has identified 11 non-core investments for divestment, which could net the group approximately RM250mil to RM300mil in proceeds.

Read more at https://www.thestar.com.my/business/business-news/2018/11/30/fgv-likely-to-record-q4-loss/#xsiVloHbrrtl5sTA.99

look at FGV Twitter those uselsss management re-twitting

Robert Hii
‏

@HiiRobert
17h17 hours ago
More
@FGVHoldings looking like a solid buy. House cleaning to rid questionable investments under the previous corrupt management is making this large palm oil company a sweet buy

huge block at 0.900

they want to de-list cheaply ... toxic share

look at the price now ..

Azhar is a damn good PR Guy but to be honest is looks like not competent ... basically they can't achieve most of the KPI set in the plantation ..useless

I highly doubt if you look at the media briefing they are not achieving any of the KPI .... Most important on the below ...which means its freaking useless management


Group incurred Loss Before Zakat and Tax in
Q
3 YTD 2018 mainly due to:
• Higher CPO production cost ex-mill of RM1,800 per MT (Q
3 YTD 2017: RM1,631 per MT)

http://www.theedgemarkets.com/article/global-palm-oil-prices-seen-bullish-after-2021-%E2%80%94-rabobank

Immature 19%
4-9 yrs 24%
10-20 yrs 22%
21-25 yrs 6%
>25 yrs 28%

28% more than 23 years ... useless and those within 21-25 will increase as well

Don't touch till 10th December anything can happen ... it will go back to 1 soon

Kenanga Research cuts target price for FGV to 95 sen

If you can hold don't listen those people say cut loss .. hold on sell when it recover

Just be patience i hold some from 1.6 and in loss as well but i think its a risk worth to take

2019 December TP should be at least 2 lah this should be last result with lost .... unless CPO really go down

i won't touch till 10th December

I think that should be the biggest risk now

Agreed thats the reason its all depends on the Azmin white paper ... its a risk which had to be taken as retail investor

There no longer should be any blame game on previous management which means Azhar and his team must deliver … the impairment has already been done which means no more excuses or surprise unless Azmin do a screw up by 10th December .. I will not touch this toxic shit till 10th December .

It at least should have a technical rebound this week since been in downtrend for almost few weeks now ..

This was badly handled by Azhar and his team , if there will be complete impairment there should be a profit warning from FGV themselves .. However that did not happen until AmInvest broke the news which mean it’s an insider news to trap minority shareholder.'

I think there should be complain to MSWG on FGV .

The worst is over seems.. can you believe...for me worth a risk to take ..

FGV's deposits, cash and bank balances stood at RM1.48 billion as at Sept 30, 2018.

“I am the ‘heart patient who is slowly coming out of the operation theatre’ and I am going to the Intensive Care Unit for recovery and I should be up and running again over the next one week”.

“And personally, I strongly believe that our share price will not stay below RM1,” he said, in response to a question if FGV shares would become a penny stock.

Agreed tapi nanti if non-malays appointed they will say we trying to rob them

https://www.thestar.com.my/business/business-news/2018/11/28/fgv-to-complete-forensic-investigations-by-year-end/

Just don't touch this FGV lah looks like another impairment

Non-malays non wanted in FGV bro ...

FGV to minimise role as CPO seller

http://bernama.com/en/news.php?id=1669728

Yes only Anwar can turn the table

MOF don't care bout FELDA lah ... tengok lah siapa kat MOF

that is true ..don't look at this counter just think your money somewher hidden and lost ... thats what i do ...and bitching here off course

collect slowlay its really oversold and i think it should stabilze now .. Azhar should be giving some green result next quater ... only risk is Azmin while paper

yup sudah dah beli 10000 lot

At least we can trust PAS not like this crooks like FGV Managemebnt

Not sure how low it can go tommorow as well .he said will not de-list but Azhar will let FGV become a PN17 company mid day rape by FGV to retail investor ... i think there should be a complain towards MSWG towards FGV like how they did for Sapura

JUST IN: FGV Holdings Bhd is expected to finalise its CEO by end-January 2019. FGV has no plans to privatise the company despite stock price being at a record low of 93 sen : FGV chairman/interim CEO Datuk Wira Azhar Abdul Hamid

(pic by MUHD AMIN NAHARUL/TMR)

So many people got screwed with FGV ..pitty how many people in stress mood ...Azhar and FGV will loughing at retail investor ..and giving his middle finger with his fat pay check

The funny thing here ..we blame everything on race factor but if u look at FGV or FELDA it's Ellite Malays robbing the poor guys in FELDA .

I think will vote for PAS ...

Rafizi taichi to Azmin he would not comment ...

Wait for 10th December don't know what bomb Admin to give

Serbs good one I sold my fgv months back shift to Serbs..peacufull not like FGV ..

I am.collecting slowly now to average ..

Now only start selling

nop i am not cutting losss ... i will collect more despite i really badly affected

actually no lah its impairment which the once they sell it will include on the finacial statement for the time being its being written off .. On the bright side there should no longer legacy baggage for FGV and they cannot blame the previous management if still not profit next quater

no one will touch this toxic company ...

Another DRB might take years to recover