KUALA LUMPUR: Bursa Malaysia is expected to stage an oversold rebound next week, driven by the dovish Federal Reserve’s stance and positive performance of global stocks, alongside the ringgit’s recovery. Affin Hwang Investment Bank Vice-President and Head of Retail Research Datuk Dr Nazri Khan said the benchmark FTSE Bursa Malaysia KLCI traded sideways last week, but ended the week marginally higher.

Read More : http://www.nst.com.my/node/88999

Mr. CEO talking talking not enough, just 2 questions from you : 1) can u improve d present yield from 20 mt (Peninsular) to 23 mt. 2) Can u reduce yr current cost of production/ mt of cpo to below rm1500 otherwise u r using sweet words to take coperate world for a ride!... Thank you.

China Tourists: 30% dropped after d plane tragedy. 2) china being a vast country its a big hassle to get d Visa, hv to run all over d place! 3) to solve d problem soon Visa upon arrival @ Klia.4) its timely becoz chinese got plenty of cash n they like to buy back sovenirs etc.

X
Free visa for India n China r in final stages n soon to be announced n for other countries in d pipeline.........!!!!!!!!!!!!

Good article: 1) we r seeing tsunami, earth quake, heat wave etc but capitalist dont care keep on chopping trees, dont worry about fat but stop cutting trees.Europeans r eating a lot of fat n living long years. Enjoy your food but after meals dont drink cold water but drink warm water n fat gets washed off but cutting trees will kill u. Most voted for Pakatan but is d S'gor Govt planting trees instead fighting @ rakyat expenses, useless fellows. Send me yr whatsApp no i send u d video hw to remove fat from accumulating in blood vessels.

More then 50 yrs old felda still yield only 20 mt in Peninsular, so what is next damage?

......I read d story n only a story to me, felda hv been existing for more then 50 yrs n still cannot get yield more then 20mt in peninsular so r u telling us that d new property in Indon.. going to makeup d loss in Peninsular yield. Be proactive, d current set of ppl mind set will never change n so is d yield? 1) how to make sure mgrs walk in d field for 8 hrs? 2) practise field audit who shd report direct to d CEO n CEO shd take action not just put under his piilow n sleeep. send these auditors to IOI for training.Eventually this auditors shall be become estate mgrs.3) We want to see this kind of article in d Focus, otherwise i dont trust u fellows......soon i shall be writing in this forum how to manage d field clean in a simple manner.

http://www.thestar.com.my/Business/Business-News/2015/06/20/Eagle-High-anxiety/?style=biz

.....good!!!! as shareholders, we demand a writeup on d yield of d Indon purchase (+ 5yrs planting) n production cost /mt/oil, MR CEO, these r vital inputs if u r talking of transparency, waiting for yr article.....!!!!!!....?????....to appear in d weekly Edge or Focus, please be honest!

http://www.freemalaysiatoday.com/category/nation/2015/06/19/felda-indonesia-buy-not-a-rotten-deal/

http://www.freemalaysiatoday.com/category/nation/2015/06/19/boost-tourism-make-visas-easier/

Felda settlers have been hit hard by a drop in the share price of Felda Global Venture, which was listed on Bursa Malaysia in 2012. FGV is now accused of bailing out an Indonesian tycoon via the purchase of a 37% stake in Eagle High Plantations. – The Malaysian Insider file pic, June 19, 2015.Felda settlers have been hit hard by a drop in the share price of Felda Global Venture, which was listed on Bursa Malaysia in 2012. FGV is now accused of bailing out an Indonesian tycoon via the purchase of a 37% stake in Eagle High Plantations. – The Malaysian Insider file pic, June 19, 2015.State-controlled Felda Global Ventures Bhd, Malaysia’s largest listed plantation company, is touting its US$746 million (RM2.8 billion) purchase of a clutch of plantation and sugar assets owned by Indonesian tycoon Tan Sri Peter Sondakh as a demonstration of economic integration among the 10-member Asean.

But portfolio investors and bankers are panning the acquisition, arguing that the deal is hugely expensive for Felda and smacks of a bailout for the Sondakh, who enjoys close ties to Malaysian Prime Minister.

Coming on the heels of the widening furore surrounding debt-laden sovereign fund 1Malaysia Development Bhd (1MDB), the deal is raising serious corporate governance concerns over the management of so-called government-linked companies which dominate the Malaysian economy and use of public funds.

Sceptics: " GLC Guthrie" was running at a loss so merged with Sime. Fgv can go anywhere even to d moon can they get yield 23-25 mt in Peninsular n 30 mt in Sabah/S'wak/Indon...answer this question first b4 posting irrelevant postings!

Due Diligence Study: I am laughing b4 listing Fgv was a "due diligence study" done then i wish to know, who r d so called professionals. 1) felda tress all old n there was no replanting program so can u list Fgv. 2) 15% profit must be paid to felda coperative (FC) balance only for shareholders. 3) within 15 yrs fgv must pay 245million to FC being settlers fees.."you call this due diligence study...my toes r laughing!

http://www.thestar.com.my/Business/Business-News/2015/06/18/FGV-explains-deposit/?style=biz

Next week dow expected to go up n steady!

Mas was also paying dividend n slowly n finally crashed likewise slowly fgv also collapsing?

Is d CEO vested wt powers to hire n fire mgrs who r unproductive? All he got say is reduce fld maintence costiing which can be achieved if mgr spent 8 hrs of field supervision, not going round wt d Land Rover but by walking. 2) Each mgr must increase d yield by 1 mt of fruit for a start. 3 ) Am i asking too much or waiting for it to crash like MAS? or waiting to employ foreign CEO n start sacking d unproductive personnel!!!!!

....what hv Fgv CEO got to say....does he know his job prefrences????

KUCHING: BLD Plantation Bhd (BLD) aims to keep its costs low amidst a challenging outlook for the palm oil industry as crude palm oil (CPO) prices remain lacklustre
According to executive chairman Datuk Henry Lau, global demand for palm oil and its related products have not been as encouraging as expected.
This was on the back of increasing costs of operations including minimum wages, goods and services which Lau said were generally on the uptrend.

KUALA LUMPUR (June 18): The Employees Provident Fund (EPF) sold some shares in Felda Global Venture Bhd (FGV) after the latter’s proposed stake buy in Indonesia’s PT Eagle High Plantation Tbk for US$680 million — a price that the provident fund finds too steep.

The latest filing to Bursa Malaysia shows that EPF sold some 8.2 million shares, about 0.22% stake, in FGV (fundamental: 1.15; valuation: 2.0) on June 15. The provident fund has ceased to be substantial shareholder after the share sales.

The transaction price was not disclosed in the filing.

The proposal to buy a 37% equity stake in Eagle High has sent FGV share price to record low of RM1.65 on Monday as analysts commented that the plantation group has overpaid for the non-controlling stake.

FGV was unchanged at RM1.68, with a market capitalisation of RM6.13 billion.

Epf is against d purchase so deal may be cancelled n all deposit will be returned.

Whether they join Indon or any country its OK but if their yield dont improve in peninsular from 20mt to 23mt then crassssssssssssssssh......!!!!!......??????

Oil palm giant Felda Global Ventures Holdings’ shares are down 63% since its IPO in 2012 and there are concerns over its decision to buy over an Indonesian tycoon’s stake in Eagle High Plantations. – The Malaysian Insider file pic, June 18, 2015.Oil palm giant Felda Global Ventures Holdings’ shares are down 63% since its IPO in 2012 and there are concerns over its decision to buy over an Indonesian tycoon’s stake in Eagle High Plantations. – The Malaysian Insider file pic, June 18, 2015.All investors of Malaysian oil palm giant Felda Global Ventures Holdings (FGV) should oppose its purchase of the PR Rajawali's stake in Eagle High Plantations, which gives the Indonesian firm a RM1.23 billion profit if the deal goes through, DAP said today.

Petaling Jaya Utara MP Tony Pua said these investors, including the Employee Provident Fund (EPF), Lembaga Tabung Haji, Retirement Fund Incorporated (KWAP) and the Pahang government, should raise their objections to the deal which would further cripple FGV's already dwindling performance.

"We call upon all other institutional funds which invest on behalf of Malaysian taxpayers to oppose the deal to ensure that FGV performance does not get any worse than it already is," he said in a statement today.

Fighting, quarelling etc etc Langat2 is going to proceed with fighting.

http://www.theedgemarkets.com/my/article/transforming-airport-shopping-destination

http://www.freemalaysiatoday.com/category/nation/2015/06/17/former-mp-appointed-chairman-of-tourism-malaysia/

http://www.malaysiakini.com/news/216889

Chinese got plenty of money so money no issue, hassle in getting Visa hv to travel long distance, now soon Visa upon arrival.

The Tourism and Culture Ministry is still awaiting the Home Ministry (KDN) to complete a Cabinet paper on the proposal to abolish visas for Chinese tourists visiting the country.

Its minister Datuk Seri Mohamed Nazri Abdul Aziz (pic) said the Cabinet paper would be studied by the Cabinet before any decision on the proposal was made.

"We have to take steps to ensure an increase in the number of tourists from China to this country and for that we propose that the Chinese tourist visa be abolished," he told reporters after a working visit to Sekinchan, in Sabak Bernama, today.

- See more at: http://www.themalaysianinsider.com/malaysia/article/ministry-awaits-cabinet-paper-to-abolish-visa-for-chinese-tourists#sthash.k7B0bfl1.dpuf

I hv been giving very clear inputs but ppl not reading therefore they themselves getting confused n I am also getting fedup.Fgv loss in profit is not due to flood its a eyewash.The fall in profit is due to low yield n low palm oil price n high cost of production.I would suggest rewind n read all my inputs. Havoc in selling is normal n that is how it works, if u cannot understand then dont trade...anyway no more inputs from me,looks like i am wasting too much time here....happy trading n good luck.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4773405

X
Agm ask simple questions: 1) Question : why felda yield only 20 mt. Answer also u give, say mgr never go to field. 2) why cost of production almost rm2000, if lack of supervision cost goes up. 3) if u cannot manage d present 600,000 ha then why look for more land. 4) instead of buying more land n by increasing d yield from 20 to 25 mt, figuratively d existing land ha increases. 5) if UP is on 100% oil palm n their yield 25mt n share price rm30 n dividend 100% hence why felda very bad m'ment. 6) dont enploy lazy unproductive mgrs.
16/06/2015 12:16

CEO good but M vs N no good?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4773165

http://www.theedgemarkets.com/my/article/malaysian-lawmaker-calls-felda-abort-deal-buy-eagle-high

The saying goes " you cant cheat d people all d time all while n one day it has to explode" now it has exploded, 20 mt only is due to lazy unproductive brain, n now what is d proactive action to save d settlers, let IOI manage with their people otherwise gone gone gone....!!!!!!

B4 Indon land purchase Fgv hv 600,000 hv with yield of 20mt n wt cpo price @ rm2200...dead wood.

Oil palm industry survival: 1) peninsular yield minimum 23-25 mt n Sabah/S'wak/Indon....about 28-30 mt. Cost of production/mt Fgv close to rm2000 other componies below rm1500.Felda coperative got cash reserve for dividend but Fgv 15% profit must be paid to felda coperative balance if any for share holders besides fgv must rm245 to felda coperative within 15 yrs which is d deal made b4 listing fgv....now u decide?

Danger starts, when Fgv copmletes replanting program n if yield still remains @ 20 mt, fgv not may, but will crassssssh! becoz d present of ppl cannot, so hand over to IOI, their policy simple if you r not productive, get out no pampering. Using shareholders to pamper, what d hell is happening????

X
Ha ha d CEO was saying in Focus Magazine that fgv loss was due to flooding in Kelantan but felda no land in Kelantan?????
15/06/2015 14:03

www.malaysiakini.com/news/301852

What happens if settlers start marching!!!!!!!

True! Our backyard stinking, smelling etc etc

......if no conribution then Felad Coperative no money to pay settlers then what happens?

!!!!!!!!!! As cash runs out d CEO job over!!!!!!!!!!!

Shares drop on Greece uncertainty, rate hike anticipation

By Reuters / Reuters | June 15, 2015 : 7:16 AM MYT
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NEW YORK (June 15): A setback in Greek debt talks pushed U.S. and European shares lower on Friday, along with investor views that positive U.S. data may accelerate the timing for a hike in interest rates.

KUALA LUMPUR: The visa-free trial period for Chinese tourists should be carried out as soon as pos­­sible as it would add value to travel packages to Malaysia, said MCA president Datuk Seri Liow Tiong Lai.
Such a move would lure more tourists from China and boost the tourism industry, he said.

“We strongly feel that visa exemption is one of the ways to attract Chinese tourists. We hope the one-year trial period can take place as soon as possible,” he said after launching Wisma Hakka Malaysia, the headquarters of The Federation of Hakka Associations of Malaysia here, yesterday.

If Malaysia exempts visa for Chi­­nese tourists, Liow believed that China would do likewise for Malay­sian tourists.

......full text. Read Malaysia Insider.....

Datuk A. Kadir Jasin says Felda Global Ventures overpaid for shares in PT Eagle High Foundation, Indonesia's third largest oil palm firm. – The Malaysian Insider filepic, June 14, 2015.Datuk A. Kadir Jasin says Felda Global Ventures overpaid for shares in PT Eagle High Foundation, Indonesia's third largest oil palm firm. – The Malaysian Insider filepic, June 14, 2015.Malaysian palm oil giant Felda Global Ventures (FGV) is paying almost twice the value of shares for a stake in an Indonesian oil palm company, veteran newsman Datuk A. Kadir Jasin said today.

Writing on his blog, Kadir said FGV's RM2.5 billion plus shares deal with PT Eagle High Foundation (EHP), Indonesia's third largest oil palm firm, was priced way above the market rate.

While the current value of EHP shares were 400 rupiah per share, FGV's payout means they are paying close to 800 rupiah per share.

"This gives those who have sold the shares a 100% profit on paper," Kadir said.

FGV's share price on Bursa Malaysia is now less than RM2, a tumble by more than 50% from the RM4.55 at the time of its initial public offer in 2012.