https://www.thestar.com.my/business/business-news/2018/09/03/bullish-outlook-on-sime-darby-plantation/
After merger now selling assets to pay dividends ??????

Chua, GLC, AEB/Guthrie/GH/Sime merged to reduce overhead idea to pay higher dividend. For yr info AEB/GH/Sime were making profit but Guthrie was running at lost, palm oil being consumed daily n u collect money daily but Guthrie was at lost hence who is doing the "turning around", pls keep guessing !!!!!

http://www.thesundaily.my/news/2018/09/03/priceworth-international-most-active-counter-down-25

X
Haha!!!!!, finally fgv talking of yield n at "17mt" which means they are not in the oil palm industry n wt PH minimum wage, fgv can go bust now keep analysing :
1.To replant 450,000ha may take about 10yrs as must be done in phasas n optimum yield after replanting takes 5-8 yrs as stated by some experts in this forum.
2.Replanting cost very high
3.Those trees felled for replanting gives no money so "what turn around" are they talking about.

KUALA LUMPUR: Syed Mahdhar Syed Hussain has been appointed FGV Holdings Bhd's chief transformation officer to lead the group's turnaround plan.

At a briefing today, it was announced that Syed Mahdhar will helm the group's Transformation Office, which was set up in April this year to review and assess the group's performance.

In its preliminary findings, the Transformation Office reported "serious issues at multiple levels within the organisation, ranging from poor work discipline, operational inefficiencies and leakages".

The unit is due to submit its final report on its findings within the next few weeks.

Further to the turnaround plan, in July, FGV's board of directors set up a three-member special board committee (SBC) to work closely with management to deliver on the group's transformation, comprising Datuk Wira Azhar Abdul Hamid, Datuk Dr Salmiah Ahmad and Dr Mohammed Nazeeb P.Alithambi.

The group also said at the briefing that, in line with enhancements to its plantation operations, it has set a fresh fruit bunch (FFB) yield target of 20 metric tonnes per hectare for FY19.

For the first half of 2018, FGV recorded a FFB yield of 7.23 metric tonnes per hectare. This compares to FGV's FY18 full-year target of 17 metric tonnes per hectare.

On Aug 28, FGV announced a net loss of RM23.23mil for Q2 ended June 30, 2018 versus a net profit of RM37.25mil in the previous corresponding quarter.

Year-to-date, the group posted net losses of RM21.89mil compared with a net profit of RM38.96mil in the same period in 2017 while revenue fell 17.4% to RM7.04bil from RM8.53bil.

From day one, I have been telling this is a dead wood n soon without land all taken back by felda

Patriotism means "hard work & dedication" but i am seeing only robbers....

dam82:
1.Directors collect fat remuneration n talking to convince their bosses n actually they r taking shareholsers for a ride.
2."Agreesive replanting" is a fugure of speech, after replanting u dont see d fruits overnight. It takes 5 yrs to give fruits.
3.At the end of 5th of planting the yield must be about 23mt and within 1 yr d sale of fruits etc must recover d replanting cost otherwise they take from reserve funds or bank borrowings, remeber replanting cost is very high.
4.Oil palm buisness started since 1920 n now with all the special genes (high yielding seedlings) they shd talk of at least 23mt but hahaha talking of 20mt n minumum wage is coming.....dooooomsday

☝️talk talk talk n they have been talking for the last 61 yrs n quietly robbing until bankrupt

☝️aggressive replanting palms start fruiting after 5 yrs of planting n they are talking of 20 mt which is below d yield of 1970s'. Today shd be talkibg of 25mt based on present high yielding seedlings thats why i always these lazy fellows are not in oil palm buisness. At 20 mt with minimum wage at 1500 oil palm industry will collapse

FGV added it was forecasting its full-year oil palm fresh fruit bunch yields at 17 tonnes per hectare, below its initial target of 17.5 tonnes and the national industry average. It expects yields to rise above 20 tonnes next year on improvements in agricultural practices and aggressive replanting. — Reuters

http://www.theborneopost.com/2018/08/30/fgv-to-investigate-several-business-practices/

I dont belief in talking nonsense but the facts. Remember! Fgv cannot be saved. Felda sure take back d land n from there keep guessing????????????

https://klse.i3investor.com/m/blog/cpteh/171862.jsp

FGV : moving away from O&G ... we have this one more giant-IPO at HIGH level, and yesterday it gapped down due to losses reported in QR. FGV is such a huge company, assets-rich ... but so badly managed. With corruption in BN-level as one of the highest level crook in the world, these companies bleed to those greedy politicians and gang. So ... no matter how much cash or assets they owned, I guess ... we as retailers should just avoid such companies.

Those above are four giants ... GLCs and were KLCI-linked. Sad to see such large companies ...listed just to suck out funds from capital markets. Yet, many retailers dived in without any comprehension and lost/losing their investment funds.

From O&G and Plantation ... let us check UEMS (property-sector) and STAR (Media ... you should check Utusan being in PN17).

Delist means: u get nothing n forever shareholder

☝️from the above inputs i figure fgv land only about 51,000 hectares balance belong to felda

In Malaysia, the largest plantations are located in Pahang and Sabah. FGV owns Pontian United Plantations Berhad (PUP) which operates 15,161 hectares of oil palm plantation in Sabah.
In Indonesia, FGV’s activities are focused in Kalimantan through PT Citra Niaga Perkasa, a company that owns 14,385 hectares of land. Through our subsidiaries PT Temila Agro Abadi and PT Landak Bhakti Palma, FGV owns another 21,037 hectares of land in West Kalimantan.
Continuous expansion initiatives are embarked on to secure CPO and feedstock supplies for our downstream objectives. To date, FGV is at the tail end of upgrading all its mills to meet RSPO and other relevant world-class certification.

Hope not what happened to MAS, privatise price "25" cents

mcmann please ask your remiser

Well !!!!! confusing but i am sure, since felda is in 8 billion debts mainly becoz Fgv not able to comply as per the agreement made b4 listing Fgv. Isa robbed fgv under BN so now all suffer. Listing of fgv itself is not very clear becoz of the lease land agreement

Yes....either privatise or delist

I have already given all reasons that Fgv is a dead wood. Last report was a creative accounts n they gave dividend, it was actaully GE14 dividend. Fgv can never be turnaround, felda have to take back their land. CEP Jomo already said that fgv scandal is worst then 1MDB n YB Azmin hinted that felda have ti take back their land....

FGV sinks into the red in Q2, net loss RM23m
http://www.thestar.com.my/business/business-news/2018/08/28/fgv-sinks-into-the-red-in-q2-net-loss-rm23m/

FGV forensic probe into RM100m bad debts, RM170m losses from worker shortage
http://www.thestar.com.my/business/business-news/2018/08/28/fgv-forensic-probe-into-rm100m-bad-debts-rm170m-losses-from-worker-shortage/

FGV transformation office to unveil operational turnaround plan
http://www.thestar.com.my/business/business-news/2018/08/28/fgv-transformation-office-to-unveil-operational-turnaround-plan/

http://www.thesundaily.my/news/2018/08/27/mswg-monitor-all-financially-troubled-and-china-based-companies-2019

http://www.thesundaily.my/news/2018/08/27/mswg-monitor-all-financially-troubled-and-china-based-companies-2019

PN17 and China companies to come under MSWG surveillance
http://www.thestar.com.my/business/business-news/2018/08/27/pn17-and-companies-from-china-to-come-under-mswg-surveillance/

PN17 and China companies to come under MSWG surveillance
http://www.thestar.com.my/business/business-news/2018/08/27/pn17-and-companies-from-china-to-come-under-mswg-surveillance/

CEP still needed for their experience, new Ministers still 'finding their way', says Mahathir
http://www.thestar.com.my/news/nation/2018/08/25/cep-still-needed-for-their-experience-new-ministers-still-finding-their-way-says-mahathir/

http://www.thesundaily.my/news/2018/08/25/bursa-malaysia-trade-higher-next-week

http://www.thesundaily.my/news/2018/08/25/bursa-malaysia-trade-higher-next-week

http://www.theedgemarkets.com/article/sapura-energy-makes-cash-call-30-sen-share-raise-rm4b

☝️instead of increasing land bank, by right should increase the YIELD n to increase it must have a lot of enegy n strength to walk in the field (supervision) so maintain one lady as too many girl friends then no enegy to supervise so yield drops n we get less dividend

Palm oil watchdog urged to take 'giant leap' to save forests
http://www.thestar.com.my/business/business-news/2018/08/23/palm-oil-watchdog-urged-to-take-giant-leap-to-save-forests/

Next Q also expected to be good so to me price may run to 1.50 n later to 2.05 as targetted by Edge, trade at your own risk

https://www.thestar.com.my/business/business-news/2018/05/16/this-is-the-default-headline/

http://www.thesundaily.my/news/2018/08/20/united-plantations-q2-net-profit-falls

I was working in the oil palm estates for 30 yrs. I have given a long writeup on YPH only which answers everything so now please think what is the relationship of YPH n price of share price. Thats it i have nothing more to say in this forum, best of luck n i have sold all my shares at 2.00

Swatheng-1.YPH (yield per hectare), oil pam estate performance is gauged by tonnage of fruits they can get per hectare/ annum which is known as YPH.

2.UP yield is more then 25mt, IOI >23mt n KLK >23mt, fgv 16mt n Sime 20mt

3.Pls calculate yourself for every increase of 1 mt for each of these Co, example fgv hectarage 450,000ha x 1mt of fruit = 450,000 mt of fruit x RM700/mt of fruit = RM315,000,000 million.

4.Sime merged n demeger main reason after replanting yield only 20mt n their overhead very high

5.To get the yield managers must walk in the field n their eyes must fall on every palm when fertilises are applied.

6.Hence oil palm estates dont speak of upstream or downstream yet, only the YPH

7.IOI yield down not becoz of oil palm but due to other buisness attached to it, KLK profit is good.

8.Fgv is on intensive replanting now, issue here can they get the yield above 23mt with all the high yielding gene which is available now, to me NO becoz wrong ppl are the managers n replanting cost is very high. All the replanting cost is dumped into "replanting account" n after 5 yrs of replanting the profit from the fruits should offset the replanting cost otherwise u go on bank borrowing or take from reseve fund.If during these period of replanting if managed by chinese mangers then u may get the yield above 23mt, a good example Sime yield after replanting only 20mt. This is the reason why i say Fgv land will be returned to felda which was hinted by YB Azmin in the star paper news, Wait for the white paper he said.TDM visit to China maybe China may buy more palm oil thats all.

9.Oil palm estates u talk of yield n yield should be above 23mt n is achievable depends on managers intense field supervision n highly comitted managers n not lazy managers.

http://klse.i3investor.com/m/blog/cpteh/170131.jsp

Please be factual for fgv price to go up.Unless new assets are injected into fgv temporarily may go up n later collapse becoz of wrong ppl.....

China firms propose RM41bil for Malaysia’s third national car project
http://www.thestar.com.my/business/business-news/2018/08/18/china-firms-propose-rm41bil-for-malaysias-third-national-car-project/

Mjperak have parcels of land near Proton City

FGV entitled to compensation for land transfer
PALM OIL
Saturday, 29 Apr 2017

FELDA Global Ventures Holdings Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

(FGV) is entitled to receive a sizeable compensation for relinquishing its rights to manage the landbank belonging to the Federal Land Development Authority (Felda) should the current land lease agreement (LLA) be terminated.

FGV’s prospectus issued during its listing in 2012 outlined the process of transferring the land back to Felda, as well as a mechanism for compensation. The group currently manages some 335,000ha of Felda’s landbank under the LLA.

The LLA has been factored into FGV’s effiency metrics, given that it is directly imputed into FGV’s cost of production on a per tonne basis. FGV’s current cost of production stands at around RM1,500 per tonne, but analysts estimate that the figure will be closer to RM1,900 per tonne once the LLA costs are factored in.

The LLA comprises of a fixed lease payment of RM250mil to Felda annually, as well as a 15% share of FGV’s annual profits derived from the LLA-related land. The lease period, which began in 2012, is for 99 years.

image: https://content.thestar.com.my/smg/settag/name=lotame/tags=Demo_Gender_Female_enr,all,Int_Food,Demo_Age_25to34_enr,Int_Automotive,Demo_Gender_Male_enr,Int_Property,Demo_Age_35to44_enr


According to the prospectus, should the LLA be terminated for some reason, FGV is to be compensated based on the following calculation: the average profit per mature hectare per year for the entire Felda-leased land multiplied by the aggregate size of the land specified in the termination notice.

This figure will then be multiplied by the loss of FGV’s expected future profits.

FGV would be compensated for the loss of 10 years of expected future profits if the termination occurs less than eight years from the date in which the Felda-leased land was recently replanted. FGV plans to continue with its replanting exercise of up to 15,000ha annually this year.

Furthermore, if the lease of 10,000 ha or more is terminated, FGV is not obligated to take over the employment of the relevant plantation staff of no less than the terms on their outstanding contracts.

Prior to termination, FGV should be informed about the matter six months ahead for any portion of the leased land of 10,000ha.

However, a notice of 18 months is required for any portion of 10,000ha or more.

Related story:

https://www.thestar.com.my/business/business-news/2017/04/29/fgv-entitled-to-compensation-for-land-transfer/

Mui got 1.8bln worth of assets now running on loss, expecting Mui to sell some assets
Some become profit while some cash given to shareholders so then price may hit 30 n most us are exoecting this miracle to happen

☝️I read the full report in Star Paper, here only partial report wherein it is cearly stated that fgv have to return felda land on loan which is 400,000.
If privatise then what is the price if delist what happens ???????

https://www.thestar.com.my/business/business-news/2018/08/17/felda-reviews-role-as-guardian-of-settlers/

Edge price 2.05 , I think 1.50 is coming