http://klse.i3investor.com/m/blog/www.eaglevisioninvest.com/130378.jsp

Looks like some dont understand about felda lease land to fgv which was highlighted in this forum many times???????????????

https://www.nst.com.my/business/2017/08/268976/seacera-develop-rm10-billion-property-project-semenyih-land

Fgv survival :
1. Have to give felda land back to them so no LLA annual payment of 275 mln n annual 15% profit no more
2. Inject new assets but this was delayed becoz of domestic enquiry
3. Once domestic enquiry over then wait for corporate news

http://www.theedgemarkets.com/article/fgvs-rm15-bil-sukuk-deferred-another-month

FGV eyes opportunities in ECRL project
http://www.thestar.com.my/business/business-news/2017/08/14/fgv-eyes-opportunities-in-ecrl-project/

That idiot only shouting lah unkess he wants to see another Hiroshima "fire n fury"

http://www.theborneopost.com/2017/08/11/potential-airport-job-for-vivocom-from-ecer/

http://www.theedgemarkets.com/article/engtex-sees-growth-nationwide-piping-projects

http://www.theborneopost.com/2017/08/03/cpo-price-could-hit-rm3000-per-mt/

http://www.theedgemarkets.com/article/crrcled-consortium-wins-rm156b-package-lrt3-project

Demerger expected to complete by December

After demerger Sime Plantation on 100% plantation about 500k hectares.Their yield is about 20mt only unless I am wrong. At 20 mt they may be only able to pay about 20-25 cts dividend so at this rate of divudend I figure share price may be about RM 3 to 5, any experts pls comment

http://www.theedgemarkets.com/article/chinese-money-pouring-malaysia-could-help-najib-votes

http://www.theedgemarkets.com/article/chinese-money-pouring-malaysia-could-help-najib-votes

RCI makw my toes laugh.

http://klse.i3investor.com/m/blog/Vivocom/128769.jsp

https://www.nst.com.my/business/2017/07/261730/mrcb-geared-rights-issue-raise-rm286b

http://klse.i3investor.com/m/blog/vvcom/128662.jsp

True

gcke : this country depends on the 3rd generation malay vote swing. I worked 40 yrs with malay majority area, they are wonderfull people hence please vote wisely.

Haha Isa robbed fgv of 7 bln n being compensated by GST money, this joke will go down for centuries to come

As part of a package of incentives amounting close to RM1.6bil, some 77,934 Felda settlers, who are still paying for loans taken to subscribe for FGV shares during the listing exercise in 2012, will see their amounts outstanding being reduced significantly in a scheme whereby Felda matches their liabilities ringgit-for-ringgit, said an official close to the details.

During the listing in 2012, each eligible Felda settler was entitled to 800 FGV shares at RM4.55 per share. The amount came up to RM3,640.

2.50. 2.50. 2.50 wait wait wait

If only FGV well managed like IOI then the high divident shd take care of felda settlers. Since top men in fgv not like chinese buisness brain so the loss so settlers have to be taken by govt. gST money for settlers which means all citizens r taking of settlers not jib.Coffee shop this is becoming d laughing matter

Not sure: fgv is a listed Co so govt cannot buy back the land. It belongs to felda unber lla so rightfully felda takes back the land n pay fgv 3 bln.

PETALING JAYA: Felda Global Ventures Holdings Bhd's (FGV) share price rose 0.6% this morning after its board of directors disbanded a three member board executive committee and appointed Datuk Khairil Anuar Aziz as officer-in-charge with immediate effect.

As at 11.13am, FGV is the top 30th active counter on Bursa Securities. Its share price stood at RM1.67 with 3.37 million shares changing hands. It has a market capitalisation of RM6 billion.

The three member board executive committee was initially set up to take over the duties and responsibilities of the group president and CEO Datuk Zakaria Arshad in his absence. The committee consisted of FGV directors Datuk Dr Omar Salim and Datuk Mohd Zafer Mohd Hashim, and head of logistics cluster Azman Ahmad. No reason was given for the move.

A domestic inquiry into Zakaria and CFO Ahmad Tifli Mohd Talha by FGV is to start next Monday.

Fgv have to be saved otherwise Jib in serious trouble. Only 2 ways to save that I know off, privatise or inject new assets

Oil palm plantation mechanisation is a total failure. Workers is the best provuded got cimitted honest managers not lazy fellows n robbers

All the media writers are all sysnidicated so dont get cheated, sharks pushing price to collect

http://www.theedgemarkets.com/article/whats-really-going-fgv

Current BOD appointees are all temporary just wait for domestic enquiry to finish then N will come out with news. Surely felda will take back their land n LLA problem solved then injection of new assets, have some patience

titus: if you read between the lines, you will understand that with the existing workers their productivity can be increased if mgrs are honest n care fir the foreign workers

Fgv labiur shortage:
1.To me is rubbish
2.My former estate honest mgr:
A) terminated d harvesting contractor n gave d harvesting contract direct to the foreign workers.
B)Each group of about 10 workers of which one of them will be the head man who keeps record of each harvesters bunces harvested n d payment based number of bunches harvested x rate/bunch fixed by estate.The head man also is the harvestor himslef but paid an allowance.
3. Harvestors work very hard from 7am till late evening sometimes 8pm.
C) Cash paid direct to workers no contractior involved. Workers earn 2000-3000 a month n they are very happy since no contractor to suck their money from them.If contractor he has to give some commission to mgrs n workers hard earn money gone to wrong pockets.
D)This honest system works very good but why estate not practising due to rascals.
E) Today news shortage of workers partly due to massacre by top men.

Vivocom most actively traded stock in morning trade
Posted on 17 July 2017 - 02:05pm sunbiz@thesundaily.com
PETALING JAYA: Vivocom International Holdings Bhd was the most active counter in morning trade, with investors pushing it to a high of 15.5 sen.

The stock closed morning trade half a sen higher at 15 sen, with some 74.98 million shares changing hands. It has a market capitalisation of RM485.13 million.

In the space of three market days, the stock has gained 30.4%, back to levels seen before early May. The stock started its downtrend weeks before the company announced that net profit fell more than 70% to RM5.2 million for the quarter ended March 31, 2017 on a 85% fall in contribution from the construction division.

Most recently the company announced a private placement plan of up to 10% and a RM195.2 million 1Malaysia Civil Servants Housing in Manjung, Perak construction job win.

Focus: Vivocom n CRCC in bid for Kelantan airport job.Both are bidding for the 450 mln upgrading works.Vivo chances of getting the contract seems good, hence lets wait. Secondly PP shares in the process hence is it possible for share price to up? I feel 28 cts is in the making n 40 cts next year!

http://www.theborneopost.com/2017/07/14/analysts-reaffirm-vivocoms-earnings-estimates/

They are a bunch of clowns. Settlers should protest but just quiet.3rd generation malays who are well educated are also quiet

Stonewall Aside
Author: sectoranalyst Publish date: Thu, 13 Jul 2017, 08:58 AM
Close
Positive meeting to reaffirm earnings estimates
Focus on technical expertise
Stable demand from affordable housing segment
Nonetheless, we maintain our BUY recommendation with a TP of RM0.40 per share
Key takeaways are as follows;

Positive meeting to reaffirm earnings estimates We emerged from our meeting with Mr. Choo Seng Choon, Executive Director of Vivocom International Holdings Berhad (VIHB) feeling reassured with our estimates. Year-to-date, VIHB share price decreased -36.11% and comparatively, -53.63% from its high in May, 2016. We attribute the tumble to bad press and market cyclicality. Guided by our observation (Figure 1), VIHB presents very attractive yield of +10.5% on the back of +6.75% spread against the 5-y MGS yield of 3.76%.

Focus on technical expertise. Turning to its progress, we believe concentration is vital to maintain VIHB high margins. Closely, the management stresses on maintaining margin though concentration of; (i) design and build contracts and (ii) affordable housing. We remarked in our last report (1.6.17) that VIHB will not be able to continue 14.7% operating margin for FYE17/FYE18. However, the management have indicated that the margins are attainable albeit blips in between progress billings and revenue recognition due to total orderbook size of RM2.3bn inclusive of projects from Neata Aluminium. We are confident that earnings will grow stronger in FYE18 backed by its strong revenue growth and profit margin as compared to its peers. (Figure 2)

Stable demand from affordable housing segment. For affordable housing, the management has indicated that Perak and Terengganu present stable opportunities as the demand is continuous. Looking at Perak, the demand of residential projects has maintained its growth trajectory. Similarly, in Terengganu residential projects is stable notwithstanding smaller scale. (Figure 3). Current VIHB’s construction orderbook of RM1.8bn or approximately 2.0x FYE17 revenue cover. We are expecting VIHB to replenish RM600m of jobs for FYE17/FYE18/FYE19 led by affordable housing and mixed development.

Recommendation. On the basis thereof, we reaffirm our BUY recommendation with a TP of RM0.40 per share based on discounted cash flow (DCF) with WACC of 7.4%.Our target price implies an enticing +347% upside backed by an undemanding current PER of 9.5X.

Source: MIDF Research - 13 Jul 2017

Pakatan never said no GST

End of the tunnel now soon light to be seen both for felda n fgv

Sime on demeger to make Sime plantation, 100% on plantation to give good dividend to shareholders . By asking Sime to merge with fgv is like jumping into the sea......

http://www.theedgemarkets.com/article/chinabased-firms-again-spotlight Not only China but many Cos' pay hefty remuneration to Directors n no dividend to shareholders instrad give rights issues or warrants, it is timely Bursa Ranjit Singh act on this fraudulent directors for ppl to gain confidence in share trading

Sacking of Z n Sitorus take over of fgv may take place simultaneously, some confudential talk may be going on

FGV’s stake sale plan to Indonesia tycoons on hold
July 7, 2017, Friday

KUALA LUMPUR: Talks to sell stakes in Felda Global Ventures Holdings Berhad (FGV) (FGVH.KL) to two Indonesian billionaires have been suspended due to a management crisis at the world’s third biggest palm plantation group, sources close to the deal said.

Martua Sitorus and Peter Sondakh, two of Indonesia’s richest men, were in advanced discussions with FGV and its controlling shareholder, Malaysian state-owned palm planter Federal Land Development Authority (Felda), to buy the equity stakes, the sources said.

But the talks have ground to a halt following a boardroom tussle and corruption claims at FGV that led to the CEO’s suspension and the resignation of its chairman last month, the sources said on Wednesday.

“It’s clear when you have the two top executives of a public listed company suspended, surely you wouldn’t move beyond its daily operations,” said a source with direct knowledge of the matter.

It was not immediately clear if or when talks on the stake sale will resume and if or when the CEO’s suspension would end.

A deal could have boosted FGV’s finances and given it a chance to reverse at least some of the 70 per cent declines seen in its share price since its IPO in 2012.

The stalling of the potential deal is a setback for Malaysian Prime Minister Najib Razak who is racing against time to appease FGV’s shareholders – a key vote base – before general elections that could be called as early as this year.

FGV’s shareholders – a chunk of whom are small landholders called settlers – have been hit hard by the share drop, worsening financial performance of Felda and FGV and delayed payments.

An FGV spokesman said the company cannot comment on the matter. Sitorus’ office did not immediately respond to a request for comment.

Satrio Tjai, managing director of Sondakh’s Rajawali Group, said he had not heard about these discussions. The sources did not want to be named as they were not authorized to talk to the media.

Sitorus is the co-founder of Singapore-listed Wilmar International, the world’s largest palm oil processor, while Sondakh controls plantation-to-mining conglomerate Rajawali.

Under the planned deal, FGV would first take over Indonesian palm plantation assets of Sitorus and Sondakh and pay for it through significant stakes in the enlarged FGV, the sources said.

Felda and Sitorus would hold about 25 to 30 per cent each while Sondakh would own 16 per cent.

Felda would also take back the Malaysian land it had leased to FGV before the latter’s IPO in 2012, paying about RM4 billion (US$931.53 million) in cash, one of the sources said.

Eventually Sitorus will helm FGV, which at the completion of the deal would be a company with mostly Indonesian assets.

“FGV would essentially be upstream Indonesian assets,” said a banking source familiar with the discussions.

According to the first source, the company is also open to others who may be interested in an FGV stake.

Sondakh, who has long-standing ties to Prime Minister Najib, had tried to sell to FGV a stake in his palm oil firm PT Eagle High Plantations Tbk in June 2015, but the plan was scrapped after FGV shareholders blasted the deal as too expensive. — Reuters

http://www.theborneopost.com/2017/07/07/malaysia-palm-firm-fgvs-stake-sale-plan-to-indonesia-tycoons-on-hold/

Third generation malays are very annoyed with what is going on in fgv n also China monopoly in buisness in r country. S'wak going all out??????? GLCs' oil palm buisness not doing well. With all,this r GDP still about 5.4 which is good.Why r politicians have no conscience all robbers

songson: please! do u know that Sime is on demerger ??? Prima Media man is joining property n plantation is going on its own n with this , it is being felt that for Bakhee plantation is too small a compony for him about 500k ha. Let me also tell u after replanting S yield only 20 mt n they are in billion of debts hence decided on the demerger hoping to give plantation shareholers true value for money. Let me tell u if all plantation mgrs r committed on estate supervision can get d yield similar to IOIof 25mt.

To me fgv have to get rid of the LLA which means felda will take back their land. Then fgv got only small holders land so hv to inject new land from Indon so Indon man become d chief so for now lets think at this angle.I am getting headache n also confusing newbies as some simply write some comments which is ????????????

??????????????????????????????????

Privatise have to pay shareholders now fgv in debt by 2 bln ISA enjoyed too much