From the archives.Interesting read just to reflect:
http://www.theedgemarkets.com/article/fgv-divest-loss-making-assets

@leslieoycarter the company EPS 2.2cts and PER 75 is very,very poor!.That means even at the present price the investors are paying a high price for mediocre return.Not only that the Return of Equity(ROE) is only 1.38.ROE is another important indicator.A higher ROE will show that the company has utilised the shareholders' funds to generate commendable return to the shareholders.But not in this company. Never for a resource based company to have such lowly financial performance indicators.

One of the biggest setbacks is that for a politically-connected company,serious attention has not been given to the bottom-lines and also a lot of political interference which at times don't make any proper business sense.

For the investors who are holding the shares,you be the JUDGE.

Any global stock market not only Bursa(KLSE) hates such corporate uncertainties and tussle.Reflect very badly on the Board Of Directors(BOD).Normally, in any company as per Bursa's Corporate Governance Regulatory requirements there will be Independent Non-Executive Directors(INED) on the Board.If there is any irregularities in the company's financial management and accounts the INED should have raised and pointed it out during the 6 DOD meetings per year.The development in the company concerned pointed otherwise.

Doesn't give confidence to investors.If not because it is a political stock many investors will have shunned the counters.How long it needs to take the company to a stronger footing?.Maybe not in the next few years unless Idris Jala is given the free hands and liberty to totally restructure and revamp the way the company conduct their affairs and business operations.To remove all the non-performing BOD and top management.

Good luck to those investors still punting on the shares.Be a savvy and smart investor.

http://www.themalaymailonline.com/what-you-think/article/reason-for-suspending-fgv-ceo-not-compelling-lim-sian-see

@Richman according to the latest news report today,the GE-14 will be held most probably after CNY which is in late February 2018.
The following factors also need to take into consideration:

1.President Xi Jin Ping from China coming for the official visit to jointly open the Xiamen University Campus with the PM.
2.The government wants the whole Cabinet to be there during the visit.
3.So most probably the Parliament can only be dissolved during the first Parliamentary session in the early 2018.

Good luck.

@Lexie agreed with Michael that you hold on this counter.How far more it can go down/Another 10.0cents?.Not likely!.
2.What if you buy at the present price 1.14 and average down.That will be a better choice.That what I do,when the shares I bought went down.
Share price will go up and down.

KLCI has another 8.05 to go before touching 1,800.Basing on the Technical Charts support the bullishness of Bursa and the continued momentum and trend barring any negative global news.

http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=8487

Read- http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=8487

If we were to view and analyse the price trend and momentum in the past three months we can deduce:
1.The counter price has a direct correlation with the Global Oil Market Price.Today,the Brent's petroleum price is now around $ 49.48( from the price around $52-53).Expect the price to be bearish because of the USA"s oil shale industry is very competitive against its traditional peers.
2.The on-going geo-political risk from Middle East involving the major oil and gas producing countries in the Middle-East.This factor is negative for the counter.

Outcome: Expect the price to move within the narrow range and consolidate.Will take awhile before the price uptrend continues.Just to share.

MFlour do go all the way to the pervious top price of 4.40.The price trend and momentum for this counter were very strong.Syabas,MFlour Boleh:_)))

Huhuhu...nothing will change by making such changes.Everything will stay status quo without a massive revamp of the structure,BOD,policy decisions of the BOD,operational efficiency and competitiveness.To have positive change the revamp and replacement must start with the Chairman.He has been helming the company since the IPO's listing but the QR and performance of the company mediocre.

Nobody will want to nibble in such counter IF it is not a politically-connected stock.

http://www.theedgemarkets.com/article/ceo-fgv-wont-comply-chairman-request-resign-—-letter

http://www.theedgemarkets.com/article/fgv-drops-over-5-ceo-told-go-forced-leave

No worry the fundamentals for the counter is solid.Generating profits at every QR.For a finance stock to have ROE of 17.0% shows that the BOD is using the shareholder funds with high responsibility to ensure commendable returns to the company's shareholders.

Return of Equity(ROE) also shows that the operations for RCE is competitive as compared with its peers.

Just a matter of time for the counter to trend higher.Presently,the counter is caught in the consolidation mode.

There will many BIG Napoleons in this political counter.
I doubt Wilmar would want to takeover FGV.

Nowadays,the market trend akin to when a company announced commendable QR the price would drop.If the market expects the QR to be good the price trend and momentum will have moved even before the QR.That was the distinctive trend for many of the Bursa counters.

Stand to be corrected.Good luck.

https://www.bloomberg.com/news/articles/2017-06-05/the-hard-to-believe-steel-shortage-that-s-unfolding-across-china

Read the article from alternative media source- https://www.themalaysianinsight.com/s/4351/

Interesting read- https://www.themalaysianinsight.com/s/4351/

1.0 The Technical Price Charts- MA,MACD,RSI and Stochastic showed bearishness for the counter.
2.0 Relative Strength Index(RSI) showed the counter is oversold.
3.0 Will consolidate within the narrow range( -2.0 or + 2.0 cents) for awhile yet,before resuming the uptrend.Quite safe to accumulate now at 1.17 which is historical low.

EPF,Pencen Fund Board accumulating on the shares will lend support to the share price.

Outcome: Probability of uptrend is better than for downtrend.

Supriya Surendran/theedgemarkets.com

May 30, 2017 14:59 pm MYT



KUALA LUMPUR (May 30): The Temerloh High Court has struck out settlers' compensation claims against Malaysia's Federal Land Development Authority (Felda) after they alleged Felda fixed their oil palm oil extraction rate (OER) at a lower level compared to the Malaysian Palm Oil Board's (MPOB) rate.

Felda Global Ventures Holdings Bhd (FGV) told Bursa Malaysia today that all 364 settlers of Jengka B and 350 settlers of Mempaga in Pahang had withdrawn their claims against Felda.

"Further to our announcement dated March 2, 2017, we would like to update that on May 26, 2017, plaintiffs had withdrawn all the claims filed against the defendants. The Temerloh High Court later ordered the entire settler's claims to be struck out with no liberty to file fresh.

"In this case, the settlers demanded special damages, general damages and exemplary damages as well as interest for alleging Felda and Felda Palm Industries Sdn Bhd for fraud, breach of trust, conspiracy, mischief, misrepresentation etc. for the determination of OER, where the settlers claimed that the OER given to them are lower than the rate set by MPOB," FGV said.

According to FGV, the court had ordered the Jengka B and Mempaga settlers to pay the costs amounting to RM30,000 to Felda and Felda Palm Industries.

@Michael Wong Yew Kong, agreed.Left pocket going to the right pocket.There is some hidden investment agenda behind the funds investment decisions.The public investors are not stupid and can see through their ill-advised strategy.That not only happened on this counter but for many other counters on Bursa.

This company has won quite a number of plum public works or projects but the financial fundamentals -EPS,P/E,ROE,DY mediocre.What a shame- reflect poorly on the BOD capability to generate good profits.

The company has performed well this year as compared to previous year.Looking at the financial fundamentals:

1.Earning per share(EPS) - 22.38
2.Price Earnings Ration(P/E)- 7.91
3.Return of Equity (ROE) - 17.08 which is excellent.ROE referred to how the company used the shareholders' fund to generate return.
4.Nett Tangible Asset(NTA)- 1.310
5.Dividend Yield(DY)- 1.98. In this case is lower than what some banks offer for the Fixed Deposit.Thus the company should look into giving better dividends to shareholders in lieu of better profits that have been generated from their financing business activities.

This stock the risk is reasonable.One of the primary activities is providing loans to civil service personnel and monthly deductions make from their salaries.

Also one of the major shareholders is Tan Sri Azman Hashim .The banker from Arab Merchant Bank Bhd.

Stand to be corrected.Just to share.Expect the share to consolidate awhile before resuming the uptrend.Just stay alert and smart.

Mediocre result and yet the MD said that the result is good:-(((How can be good when the EPS is only 0.49 cents!.How to command a premium price at such financial fundamentals?.

View the Technical Price Charts-http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=1651

Presently,the counter is very bearish.Wait awhile for the price to stabilise before buying.View the price chart trend,which can act as a guide whether to buy,sell or collect.View-http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=8869

Flouting the laws will give the company(share counter) a poor impression among the Indonesian authorities.Read-
http://www.freemalaysiatoday.com/category/opinion/2017/05/29/fgv-brazenly-defying-law-by-clearing-peat-forests/

Hehehe... @mancingbursa what has BN meaning got to do with this share price performance.BN had won for the last two elections and yet the share price is in the doldrums.Speak with some sound basis,yeah!

2.Think better to have another party to takeover or buy over the company.Then the company will be able to redeem its battered image which will need a few years to mend after takeover.

Otherwise it is only a political stock(good for short-term play) and the price slightly move close or near General Elections period.

I am not too optimistic for this share for the following reasons:

1.Big institutional funds like EPF,Tabung Haji and Pencen Funds are disposing continuously for the past ten days.Do they know something of the coming QR news which we do not know? Or are they anticipating the QR( previous year was announced on 25 May) to be sub-par.
2.The appearance of the long black candle on the 24 May 2017 portend some risks on the price trend and momentum for this share price.Normally,it will signals that there will be more downward bias yet to come.
3.All the Technical Price Charts show this share counter is presently bearish.

Outcome: Expect the downtrend to continue for awhile or like what @TrippleZ commented testing the previous low level again at 1.80.

The price may reverse if there is some good corporate move news or the company report excellent QR.Just to share:-(((

@biginvestor93 the trend of selling by insider were the same when Shell Refinery Trading Bhd was sold to the Chinese company(buyer) from China last year.EPF kept disposing their holdings like there was no tomorrow.Presently,the name has been changed to Hengyuan and look at its present share price.It had ballooned past the takeover price(which was low) and failed.Hengyuan after takeover will be another Petronmin in the making.Those patient shareholders and investors holding the stocks were amply and richly rewarded.

2.Make me wonder why when a new company took over the stock price recover superbly.And the company operations improve tremendously.

Good for corporate action on those mediocre companies which underpefromed.If the present BOD cannot manage the companies well,then the shareholders should clamour them to better sell off to parties that can turnaround the companies value and reward the shareholders.

Read- http://www.malaysiakini.com/news/383757

Read : http://www.malaysiakini.com/news/383757

Some of the questions that the investors should ask the BOD or when buying the counter:

Q1: Had RM9 billion in reserves. Now they have less than RM300 million;

Q2: IPO raised RM9.3 billion. What happened to the money?

Q3: Borrowed RM6 billion for replanting. Where did the money go? and other questions on fiduciary duties of the BOD and good corporate governance.

Stand to be corrected.Now they all have little or no money.

From the news archives.Something worthwhile to read and reflect-
http://www.malaysiakini.com/news/372152

@blowwater can somewhat agreed with you.The higher profit reported was helped by the one-off item(second monetary compensation) received from the compulsory acquisition of the company land in Johore.Amount= RM 10.90million.
to know further read- http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=8066

Just to share-http://www.themalaymailonline.com/money/article/switch-it-up-this-year-buy-in-may-till-november-stay

Just to share-http://www.themalaymailonline.com/money/article/switch-it-up-this-year-buy-in-may-till-november-stay

The QR previously were out on somewhere 24-26May.Most probably will be announced next week.But comparing the previous QR which incurred a huge loss,any profit this year is because of the low base the previous and same QR.

By looking at the Financial Analysis of this counter:
Earning per share(EPS) - 0.34 Very,very,very Poor
Return of Equity(ROE)- 0.54 Horribly and Very,very,very Poor.Poor use of shareholder funds or equity to bring forth reasonable return for the company's shareholders.
Price Earning Ratio(P/E) - 541 The counter even at this present low price is very much overvalued!
Dividend Yield (DY)- 0.21. By investing and holding the shares for long term will be a great liability to shareholders.Compared to FD rate and Inflation rate,the value of the money invested on this stock will give negative returns to shareholders.

Outcome: The Financial Analysis showed that the company is very,very,very poorly managed.

Looking at the Technical Price Charts-MA,MACD,RSi,Stochastic the stock is now bearish.

If not that this is a "political stock" nobody would want to invest on this counter.You be the judge.

Read more_ http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=5222

http://www.themalaymailonline.com/malaysia/article/in-geely-proton-deal-economists-see-short-term-pains-but-long-term-gains

Presently,seemed to be the trend.Dumping of the counters took place after they posted their QR.Did not matter whether the report last quarter is good.This counter also faces the same price downtrend by the market force.Something the investors have to take into due consideration.Stay Safe,Stay Smart.

Seemed to be the current trend that can be discerned- the market dumped those counters after they reported their QR.Did not matter whether the result is good.Currently,this counter is also adversely affected.On the other hand the appearance of long black candle is in the negative.Better to watch the price trend and momentum carefully.The RSI is presently,overbought.Expect the price correction for quite awhile.Stay Safe and Stay Smart.

Such counter only for retirees.I dared to say it again.

Undergoing correction phase now.Quite normal.Similar for many other stocks.Be patient.This stock is of low risk.But on the other hand the management has to take steps to improve on the EPS,ROE and DY even though they may report a better % of quarterly earning growth.That will be the yardsticks that the stock will be measured if they want to command premium price from the market-place which can be very demanding on such financial performance indicators.

The company reported QR earning which is ~106% better than the previous QR.Technical Price Charts_MA,MACD,RSI,stochastic showed the stock price is slowly going up after consolidating for almost three months now between 1.58-1.68.Will test new high very soon.

Be patient.Do not buy and collect yet!.All the Technical Price Charts- AM,MACD,RSi,Stochastic support the current downtrend on this stock price.RSI chart showed the stock is in oversold condition.MACD graph is below the Signal Line.Such bearishness will continue for quite while.

Remember the stock had been on uptrend since ex-split and bonus.Presently,undergoing correction and consolidation for the next uptrend before the next QR(which is expected to be sustained)

I think @Yap Yangg you got to wrong.After the QR today the EPS rose up to 44.46 cents which is par excellence!.Validate from source- http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=6556

@Liang Edmund the company has poor corporate governance.Fiduciary duties performance on the company finances mediocre.Such matter will ultimately be reflected on the QR at every quarterly intervals:-(((

Metal price trends can always be predicted quite accurately:
1.Two months before the QR announcement the price will gradually move up.One day 2cents,5cents or in more bullish times 9cents.Average price up about 6-7cents.
2.After the publication of the QR the price will consolidate quite awhile like what is happening now.During such period the price will either move up 1-2cents and drop 1-2cents along the way.Maybe during such period mild price correction will take place
3.Expect the price to hover around this price before it moves again 1-2 months before the next QR.Provided the global market place economy is free of sudden upheavals.

In stock investing,such price trending and momentum is quite typical.