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2017-07-05 18:47 | Report Abuse
Big fund buying again.....
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5218
2017-07-04 19:17 | Report Abuse
Big funds accummulating actually....
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5218
2017-07-03 20:44 | Report Abuse
K.v. Lim.... hope Brent can sustain or move higher tonight. Then good chance for it to test 1.75 in the near term.
Currently, the number of traders that place short on crude oil is at all time high.... hence many contrarians are slowly making a buy call on energy sector... worst maybe over for now.
Smart money may beat the crowd once again this time.
2017-07-03 16:52 | Report Abuse
There u go. Roadblock gone. Hope can kiss 1.75/1.76 tomorrow!!
2017-07-03 16:21 | Report Abuse
I feel like the party has just started
2017-07-03 15:32 | Report Abuse
Ok la oldman, never feel guilty taking profit
2017-07-03 15:05 | Report Abuse
Brent futures break 49. Good.
July is normally a bullish month for oil
2017-06-23 21:56 | Report Abuse
FGV has been fair to Z by granting extension until next Thursday.
Now Z has to be fair to FGV. Either answer or just pack your bag.
Do not drag everybody in this whole mess.
2017-06-22 23:25 | Report Abuse
Yes kakashi... oil rebound more than 2%, how can SENERGY drop tomorrow? Most like likely up!!!
Plus I have the feeling that syndicates use the not so inspiring quarterly result to press down the price these few days. From 1.90 level, down to 1.53 lowest today.
That is a whopping 20%. What has changed fundamentally? Not much really....Plus SENERGY will start supplying gas to Petronas in Q4 this year and that shud be plus point to me.
Good luck all....
2017-06-22 21:45 | Report Abuse
Epf buy more than dispose. How?
2017-06-22 21:44 | Report Abuse
Hopefully 1.70 support holds for the time being.
2017-06-22 17:39 | Report Abuse
Nice. Hope 1.56 support can hold.
2017-06-22 00:57 | Report Abuse
Azhar the ex Malakof MD must have something secured for him before resigning.
I concur with the view that Zakaria will be out. After all, Isa already hinting it by saying
"Nobody will win, nobody will lose". Perhaps some token is planned for Zakaria as well.
The only thing is how long the FGV internal investigation may take to come out with their
verdict?
Worst case scenario, may take a while to conclude. Most likely after Raya. This is not
favorable to the share price unfortunately.
Best case scenario, before raya and immediately announce replacement before Raya break.
After all, PM said he wants the crisis to be settled before Raya isnt it?
Technically, FGV may retest downtrend line after recent breakout located at 1.69/1.70.
Hope this holds. Otherwise we may see further consolidation will take place.
2017-06-21 20:49 | Report Abuse
LTH bought, Price range: 1.66-1.75
KPF bought (19/06), Price range: 1.77-1.87
2017-06-21 11:57 | Report Abuse
Special dividend will be proposed during EGM expected in Q3, not during AGM today
2017-06-21 10:35 | Report Abuse
If not mistaken, I saw todays agenda mainly on directors renumeration, proposed change of company name as well as proposed share buyback
2017-06-21 10:27 | Report Abuse
Dont think there is any agenda on special dividend during AGM today right?
2017-06-20 21:58 | Report Abuse
In the mean time, hopefully the entry of fund (KPF, LTH) may support the share price moving forward. They may know whats in store ahead of us
2017-06-20 21:57 | Report Abuse
Lets give a bit more time for Shahrir, Sulaiman and FGV itself to do what they plan to i.e improve corporate governance and instil market confidence.
Next quarterly report in Aug may be a good opportunity to reassess ones decision. After all Shahrir has openly declare in the Star that the share should be worth 2.50-3.00.
Time will tell.
2017-06-19 22:58 | Report Abuse
High likelihood MSM will record better profit next quarter. Raw sugar price drop 40-50%.
Good for FGV too.
If Safitex manage to settle the payment by end of this month (as implied by Zakaria earlier), the. They can reverse the impairment this coming quarter, believe to be around RM 30 mil
And one more thing is the sale of AXA insurance to Affin in which the negotiation is still ongoing.
These above is on top of their normal palm oil business. Looking forward for next q result in August!!
2017-06-19 22:34 | Report Abuse
Relax la, the big elephant in the room is no more there. Give time for new chairman to start his work to turnaround FGV.
One thing for sure, Shahrir is the new King of Felda and indirectly FGV now. Judging by his statement, he believe FGV has potential and current value should be 2.50-3.00 right? Even the new FGV chairman want to correct the wrongs in FGV. So it should recover slowly from now on.
And if I recall, one of the main reason EPF exited FGV was due to poor financial standing and weak management/governance. Even Idris Jala also highlighted in the findings report.
One thing for sure actions are in place to address those concern and the share price shall recover along the way. To be safe, go long with FGV if one do not wish to be subjected to daily price volatility.
Long FGV!!
2017-06-19 16:54 | Report Abuse
Not a bad closing. Green in the middle of red sea.
One thing for sure thing are not gonna be the same again for FGV. Surely after Pendek is out,
It is for the better, not worse.
All the best!!! Long FGV is the name of the game!!!
2017-06-19 15:06 | Report Abuse
Errr.....@trumpco. The link that u posted shud mean positive for palm oil and palm oil conters like FGV. Stay positive
2017-06-19 14:23 | Report Abuse
To me as long as Pendek is out, is good enough..... hahaha
2017-06-19 12:24 | Report Abuse
Well done everyone!!!! Finally our patience and preserverance paid off!!
2017-06-19 11:41 | Report Abuse
If fgv can close above its 200 sma which is at 1.94 bu this week, then very good
2017-06-18 19:47 | Report Abuse
Goods news from EU last week. The court of appeal rule out no-palm oil label which is deemed discrimanotory. And they are open to MSPO to be fully adopted by Malaysia by 2019. This is positive for CPO price and Malaysia as EU is the largest market for Malaysian CPO last year, in excess of RM 10b export.
Also, there is one small article in NST which says Isa Chairmanship is untenable and he may go as early as next week!!!
Let see how things unfold
2017-06-17 23:14 | Report Abuse
On Zakaria, who is currently on an indefinite leave of absence at the request of the FGV board, Shahrir says: “As an investor (Felda), I will read on the chairman’s statements in FGV’s recent annual reports.
“The FGV chairman in his statements in the 2015 and 2016 annual reports was full of praise for Zakaria for his efforts particularly in turning around Delima Oil Products Sdn Bhd as well as strict cost-cutting measures to improve the overall operations of FGV.”
FGV Chairman cakap tak serupa bikin?
2017-06-16 20:49 | Report Abuse
Too many issues and dissatisfactions among ppl currently due to 1MDB, Felda etc.
If pendek can be kicked out this time, at least that will bring back some support to
the PM.
That may prove to be the easiest, fastest and cheapest way of gaining the support from the ppl that matters most in the next election i.e felda settlers
2017-06-15 22:24 | Report Abuse
I speculate the news will be out after market close tomorrow. So ppl can digest over the weekend.
Depending on the news, maybe got one last push next week before ppl start raya holiday.
2017-06-14 22:51 | Report Abuse
Its between survival of pendek vs survival of Umno and the ruling government.
They are cornered to take a stand. GE is around the corner... so not much option
Left
2017-06-14 22:19 | Report Abuse
Pendek is a lonely man now....hahaha
2017-06-14 22:16 | Report Abuse
Stay positive.... things can only get better from now on...
2017-06-14 22:06 | Report Abuse
“Nobody from FGV has come forward. I believe they don’t understand corporate governance, so we don’t know what is happening.
I can feel someone got slapped right and proper with this statement..... hahaha
2017-06-14 20:49 | Report Abuse
Wahh.... Idris Jala took less than a week to complete a report...
Doesnt look like a complicated issue to solve after all.....
What could be the outcome of the report?
Dismissal is fair and follow company procedure or otherwise?
Hmmmm......
2017-06-14 12:09 | Report Abuse
FGV clearly management issue.
The previous Felda Chaiman was Raja Muhammad Alias. He left felda with billions in cash in the company.
Now, he is the Chairman of KLK. And KLK has made stellar profit again and again.
FGV has enormous potential. Just need a capable and credible caretaker.
2017-06-14 08:58 | Report Abuse
Today is the day Shahrir meeting the PM
2017-06-13 23:16 | Report Abuse
The Edge mentioned 3 potential candidate for FGV CEO:
1) Datuk Azhar (ex MRT Corp CEO) - frontrunner
2) TS Bakke Salleh (Sime Darby)
3) Tan Sri Ismee (ex Tabung Haji CEO) - dark horse
Buying is quite heavy in the first 2 hrs today. Maybe smart money knows
ahead of the public
2017-06-13 21:50 | Report Abuse
@gcke.....given the right people with the right level of experience and integrity, it may still be a workable option. Shahrir is not a bad option either owing to his prior experience with MPOB.
Of course the ultimate solution is to have an FGV Chairman who comes from corporate background.
2017-06-13 20:49 | Report Abuse
If Shahrir becomes FGV Chairman.... this counter got hope
2017-06-13 20:00 | Report Abuse
The current findings by BOD on Safitex issue is as good as syiok sendiri in my opinion.
2017-06-13 19:46 | Report Abuse
The findings from Idris Jala is what matters.
2017-06-13 10:09 | Report Abuse
TS Shahrir is adamant wanting to have 3 Felda reps in the board.
Even in the worst case scenario where Z out and Isa still in, things
will never be the same for Isa as the Felda reps will be the eyes and
ears for TS Shahrir.
Whichever u cut it, Isa can be considered a spent force for now
Stock: [SAPNRG]: SAPURA ENERGY BERHAD
2017-07-05 21:03 | Report Abuse
Indeed, it doesnt affecting much.
But the fact that there is heavy accummulation by big funds may provide some indication on what to do with Senergy at this price level i.e hold, top up or slowly accummulate.
Ultimately the oil price movement will dictate energy counters' movement. And the good thing is, the oil price rebounded from 45 dollar level and looks set to rechallenge its uptrend resistance at 58 level (brent) in the immediate term ( 3 months)
I wish everyone make money and happy. Good luck all....