FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

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Last Price

1.16

Today's Change

-0.01 (0.85%)

Day's Change

1.16 - 1.17

Trading Volume

220,300


35 people like this.

49,349 comment(s). Last comment by calvintaneng 2 days ago

5354_

4,793 posts

Posted by 5354_ > 2020-10-07 09:00 | Report Abuse

MCO none even Covid19 soar but FGV like lockdown price how?

strattegist

23,459 posts

Posted by strattegist > 2020-10-07 10:20 | Report Abuse

green

5354_

4,793 posts

Posted by 5354_ > 2020-10-07 10:41 | Report Abuse

2800 CPO why not RM 2.8 FGV? CEO/chairman not good?

5354_

4,793 posts

Posted by 5354_ > 2020-10-07 10:42 | Report Abuse

Chinese CEO under PN no hope? Which govn can have?

5354_

4,793 posts

Posted by 5354_ > 2020-10-07 10:43 | Report Abuse

2.8 we want not only 2800 CPO.

5354_

4,793 posts

Posted by 5354_ > 2020-10-07 10:44 | Report Abuse

2.8 cannot bec PM not good/CEO?

5354_

4,793 posts

Posted by 5354_ > 2020-10-07 10:47 | Report Abuse

Anwar tak mau is BN MP decide? Felda Settlers how?

strattegist

23,459 posts

Posted by strattegist > 2020-10-07 10:49 |

Post removed.Why?

5354_

4,793 posts

Posted by 5354_ > 2020-10-07 10:52 | Report Abuse

Muhyiddin’s ‘rotan’ joke receives backlash from netizens
https://www.malaysiakini.com/news/545499

wehcant

1,259 posts

Posted by wehcant > 2020-10-07 10:55 | Report Abuse

Abah nak rotan kamu semua, retailers. Tiap hari berjudi. Korang ingat Bursa ni kasino ke?

hng33

20,496 posts

Posted by hng33 > 2020-10-07 11:18 | Report Abuse

sold back FGV at 1.04

strattegist

23,459 posts

Posted by strattegist > 2020-10-07 11:24 |

Post removed.Why?

Posted by Felda_settlers > 2020-10-07 11:42 | Report Abuse

Rafizi Ramli where are you?

Posted by Felda_settlers > 2020-10-07 11:44 | Report Abuse

"rotan"? EPF/KWAP/PNB/TH tak beli why cannot "rotan"?

strattegist

23,459 posts

Posted by strattegist > 2020-10-07 12:06 | Report Abuse

green

strattegist

23,459 posts

Posted by strattegist > 2020-10-07 13:26 | Report Abuse

sustain

Posted by Felda_settlers > 2020-10-07 15:02 | Report Abuse

Najib to return? He better PM?

Posted by Felda_settlers > 2020-10-07 15:07 | Report Abuse

FGV down 50% YTD even CPO up blame who?

strattegist

23,459 posts

Posted by strattegist > 2020-10-07 15:07 | Report Abuse

maintain

Posted by Felda_settlers > 2020-10-07 15:10 | Report Abuse

Menteri jaga pocket tak jaga kita?

Posted by Felda_Sabah > 2020-10-07 15:54 | Report Abuse

>1.2 FGV we want not Covid19 spike.

strattegist

23,459 posts

Posted by strattegist > 2020-10-07 15:55 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2020-10-07 17:28 | Report Abuse

closed green

dumb123

41 posts

Posted by dumb123 > 2020-10-07 17:31 | Report Abuse

A healthy few round of profit taking.

linheng

1,373 posts

Posted by linheng > 2020-10-08 07:45 | Report Abuse

Last few days digesting the volume that had been thrown down. Strong support at $1.02. Shd see some recovery soon.

Mabel

24,171 posts

Posted by Mabel > 2020-10-08 08:10 | Report Abuse

This Plantation should have rallied if not due to US CBP unfriendly move.

Teresa press statement was very clear..

I wonder what keeps the current Agricultural Minister busy these days..

Teresa is the Mama Cat..

Meow Meow Meow

strattegist

23,459 posts

Posted by strattegist > 2020-10-08 09:31 | Report Abuse

green

calvintaneng

56,577 posts

Posted by calvintaneng > 2020-10-08 09:50 | Report Abuse

Bought Fgv C98 at 3 sen few days back

Will this be like Supermax at 34.5 sen later reached Rm7.00

If Cpo turns Superbull like medical gloves then possible !!!

strattegist

23,459 posts

Posted by strattegist > 2020-10-08 10:42 | Report Abuse

green laaaa

Mabel

24,171 posts

Posted by Mabel > 2020-10-08 11:08 | Report Abuse

@supersinginvestor Sorry@mabel i say bad stuff about ur fgv. But its the truth to me..
Meow
08/10/2020 9:59 AM

No issues Super...

I have 11 Plantations..

Just buy any Plantation you like. US Soybean is 1050 now. FCPO is expected to challenge RM3000 again. I still believe the next rally will be Plantation

Don't ever miss this opportunity...

Meow Meow Meow

strattegist

23,459 posts

Posted by strattegist > 2020-10-08 12:08 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2020-10-08 13:10 |

Post removed.Why?

Posted by Felda_settlers > 2020-10-08 15:57 | Report Abuse

Why 1.06 so many sellers? We not important? Can PM change?

Posted by Felda_settlers > 2020-10-08 16:01 | Report Abuse

Najib return as PM >1.5 can see why not good idea?

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-10-08 16:45 | Report Abuse

Next Tuesday Anwar meet Agong?

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-10-08 16:59 | Report Abuse

1.06 today. After Anwar PM 9 2.06-3.06 possible?

strattegist

23,459 posts

Posted by strattegist > 2020-10-08 17:12 | Report Abuse

closed green

strattegist

23,459 posts

Posted by strattegist > 2020-10-08 17:12 |

Post removed.Why?

Mabel

24,171 posts

Posted by Mabel > 2020-10-08 17:31 | Report Abuse

Meow Meow Meow

MSM Malaysia Holdings Bhd has sacked group chief executive officer Datuk Khairil Anuar Aziz with effect from 5th October 2020 after finding his clarification on the irregularities pertaining to the adjustment to write-off inventories amounting to RM36.6m in MSM Sugar Refinery (Johor) Sdn Bhd in FY19 unacceptable.

Fakhrunniam Othman, the group investment officer of parent company FGV Holdings Bhd remained as officer-in-charge at MSM until the company has identified a suitable replacement. (The Star)

Mabel

24,171 posts

Posted by Mabel > 2020-10-08 17:45 | Report Abuse

(Oct 8): Palm oil purchases by India, the biggest importer, are likely to climb in October from a three-month low as the Hindu festival of lights drives up demand for the world’s most-consumed vegetable oil.

Inbound shipments could rise to as much as 725,000 tons this month as traders and refiners replenish stockpiles to meet rising demand, according to GG Patel, managing partner of GGN Research. That compares with an estimated 638,000 tons in September, which was the lowest since June, and 778,568 tons imported in October 2019.

Vegetable oil consumption generally increases during the September to November festive period in the South Asian nation as Hindus celebrate major festivals such as Dussehra and Diwali. Palm oil is commonly used as cooking oil and to make treats such as biryani and jalebi.

Shah Rukh Khan, Salman Khan, Ameer Khan sent their regards to all of you here...

Chappati, Tosei, Briyani does not taste the same without our Palm Oil...

Meow Meow Meow

jinv9

127 posts

Posted by jinv9 > 2020-10-08 17:53 | Report Abuse

Lack of rain hits soy crop in Brazil's Mato Grosso state

10/2/2020

SAO PAULO, Oct 2 (Reuters) - Only 1.7% of the projected 2020/21 soy area in Mato Grosso, Brazil's largest soy producing state, has been planted, according to data released by industry body Imea on Friday, indicating that dry weather is significantly affecting the area's soy crop.

Last year, 6.65% of the area had been planted by Oct. 4. Over the last five years, an average of 9.59% of the state's soy area had been planted by that time.

Last week, Imea chief Daniel Latorraca told Reuters in an interview that the current lack of rains could cause difficulties for the Mato Grosso soy crop. (Reporting by Nayara Figueiredo; Writing by Gram Slattery Editing by Marguerita Choy)

https://www.agriculture.com/markets/newswire/lack-of-rain-hits-soy-crop-in-brazils-mato-grosso-state

jinv9

127 posts

Posted by jinv9 > 2020-10-08 17:55 | Report Abuse

Not all La Nina weather patterns lead to higher palm oil prices — UOB Kay Hian Research

KUALA LUMPUR (Oct 8): Not all events associated with La Nina weather patterns lead to higher palm oil prices, according to UOB Kay Hian Research.

In a note to clients today, the research house’s analysts Leow Huey Chuen and Jacquelyn Yow said La Nina’s impact on palm oil prices is dependent on damage to soybean crops, the stock-usage ratio of soybean oil, palm oil supply-demand dynamics and major global demand disruptions.

“The current La Nina event may not have a significant impact on palm oil prices as demand is still weak, while production is expected to see accelerated growth. We maintain 'market weight',” they opined.

The duo explained that La Nina weather conditions mark the onset of high rainfall in Malaysia and Indonesia, but droughts in North and South America. The impact of such weather conditions would be greater on soybean production given that North America is in the midst of its growing and harvesting phase, while South America is moving into its planting season.

Furthermore, recent high rainfall in both Malaysia and Indonesia would lead to short-term disruptions to fresh fruit bunch (FFB) harvesting and logistics. That being said, the high rainfall and good temperatures would be conducive to palm oil production next year.

It was noted that while generally soybean and palm oil production is lower during a La Nina year, this is not always the case. A larger soybean planted acreage could compensate for the loss in production yield caused by a La Nina event. The team noted that soybean prices had always been the first to react to La Nina conditions after which soybean oil and crude palm oil (CPO) prices would soon follow.

However, based on the analysts' observations of the past four La Nina events, CPO and soybean prices strengthened when South American soybean production (particularly in Brazil) was below the US Department of Agriculture's (USDA) forecast before the planting season started, with soybean oil’s stock-usage ratio falling from the onset of the La Nina year — a year before and a year after — as well as palm oil not having a high carry-forward inventory into a La Nina year and a year after such weather conditions, on top of there being no major demand disruptions such as an economic crisis or a big swing in crude oil prices.

“The current situation pointing to a limited price upside is purely depending on La Nina because there is a high possibility for the palm oil inventory to trend higher y-o-y (year-on-year) in 2H21 (the second half of 2021) on the back of better yields following a recovery from the stress and good rainfall in 2020. However, demand may not grow as fast. Soybean production may not decline significantly as more planted areas would compensate for the impact of lower yields. The only short-term positive impact on soybean oil and CPO prices would be a delay in Brazil soybean harvesting, which would create a sudden supply shortage in January to February,” the analysts said.

Arjuna Chandran Shankar

2 hrs ago

http://www.msn.com/en-my/money/topstories/not-all-la-nina-weather-patterns-lead-to-higher-palm-oil-prices-%e2%80%94-uob-kay-hian-research/ar-BB19Oncr?ocid=ientp

stockpip

202 posts

Posted by stockpip > 2020-10-08 17:58 | Report Abuse

These people are really bad at running a business. Plantation stocks should be booming with the current trend of food shortage but look at Felda. Pathetic.

firehawk

4,783 posts

Posted by firehawk > 2020-10-08 22:55 | Report Abuse

No doubt, the next ceo is a bumiputra, this is most important criteria than any others like ability, honesty, integrity .... etc.

UMNO

39 posts

Posted by UMNO > 2020-10-09 09:35 | Report Abuse

Najib not next PM so cannot move?

UMNO

39 posts

Posted by UMNO > 2020-10-09 09:36 | Report Abuse

Agong from Pekan why not Najib be PM better for more people if not all?

scenery

2,361 posts

Posted by scenery > 2020-10-09 10:02 | Report Abuse

najib discredited already cannot be PM.

strattegist

23,459 posts

Posted by strattegist > 2020-10-09 10:18 | Report Abuse

steady

5354_

4,793 posts

Posted by 5354_ > 2020-10-09 11:12 | Report Abuse

Najib PM at least RM 1.5 FGV can see not Muhyiddin nor Anwar?

scenery najib discredited already cannot be PM.
09/10/2020 10:02 AM

5354_

4,793 posts

Posted by 5354_ > 2020-10-09 11:13 | Report Abuse

CPO RM 3K why 1.1 so hard? If CPO <2.5K FGV< RM 1?

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