conmen are standing by to brainwash that the compensation is good for FGV its just a Fake Story to do a Pump and Dump
Posted by Mikecyc > Nov 13, 2020 8:04 AM | Report Abuse
KUALA LUMPUR (Oct 28): FGV Holdings Bhd’s plantations will shrink substantially by up to 70% or 355,000 ha after the termination of the land lease agreement (LLA) by its controlling shareholder Federal Land Development Authority (Felda).
///@hello_VN liked this post so much that he highlighted it
"When enough fake ids repeats the same lies, some suckers will believe and buy. Its just like the fake poker game with 9 conmen and 1 sucker."///
12-Nov-2020 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 92,000 shares on 11-Nov-2020. 12-Nov-2020 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 704,600 shares on 11-Nov-2020. 12-Nov-2020 Insider URUSHARTA JAMAAH SDN BHD (a substantial shareholder) acquired 1,373,100 shares on 09-Nov-2020.
@supersinginvestor Fgv got issues...very easy too see it. Look at the chart from day listed to now...even magic cant turn it around ok...get it..never before got chart like that...look the future price of fgv is rm0.60... 13/11/2020 10:37 AM
Who ask you to buy when it was listed?. No wonder you are crying like mad. People here are buying below RM 1.00 Mah...
What issues?
With 54 seats in GE15, FGV will be taken care off. They cannot afford to make the World 2nd Biggest IPO a failure..
Mabel Motivation for collecting FGV..
+ FGV has both Oil Palm and Rubber Plantations which is important for our Gloves Industry. We are the World No 1 Producer of Gloves, World No 2 Producer of Palm Oil and World No 3 Producer of Rubber.
+ Compensation which can go as high as RM4.3 Bil to RM7 bil (Without mills FGV: Expects RM3.5bn-RM4.3bn compensation from Felda over LLA termination. With mills FGV is expected to get RM 6-7 Billion (estimate)..
+ Higher CPO. CPO now closing in to RM 3500
+ Gain from Global Rubber Shortage due to rising demand from China & Glove makers consumptions.
+ Felda now has the funding to pay FGV
+ Land injection by PLSB which will increase FGV’s landbank size to 212,170 hectares. It’s still the 2nd biggest plantation after SimeDarby.
+ Potential downstream activities that can help FGV.
+ The group currently incurs annual operating costs of about RM1.5 billion for maintenance and upkeep costs, such as replanting, fertilising, staffs’ quarters and plantation workers’ wages, mostly on LLA lands. As such, we anticipate that the group could potentially have a leaner cost structure should [the] LLA [be] terminated as Felda would probably need to assume those expenses.
+ The removal of the fixed lease payment of RM248.0 million per annum to Felda,
+ All lost making JV are being disposed. Right sizing employee WIP. Cost Saving also achieved and more to come. Dairy business and Animal Feed business. Paper pulp – WIP. Bio Gas /FMCG and cross plantation.
+ For Asian Plantation Limited Ventures — which FGV impaired some RM700 million on goodwill in 2018 — the group has seen five interested parties, and is looking forward to complete a sale by year end. Potential right back that will improve FGV Balance Sheet!.
All these should bring FGV at par with my Plantation Blue Chips. I have enough Blue Chips Plantation. What Mabel is looking is real opportunity for capital gain. In the last cycle, Mabel makes very good profits when it surged to RM 1.56. Please check what is the CPO Price at that time?
Yes, FGV has made a lot of bad decision. No one is denying that. Just do a benchmarking with my DRB . They were also in the same boat few years back and so was TIME dotCom Bhd. Today, both companies are flying in the respective sector.
Want to be safe? Better put in FD lah...
Don't take small profit like selling Gloves Supermax early this year at Rm2.40 (Supermax later charge up by more than 1,000% to Rm 24.44 high)
THIS IS WHAT COVID 19 DID FOR SUPERMAX..
THIS IS EXACTLY WHAT WORLD FOOD SHORTAGE WILL DO FOR OUR FGV..
Remember, our ambition is to feed more than 3 billion people in more than 200 countries..
@supersinginvestor Mabel=cat shiit delusional specialist... U talk kok n propoganda only... Even if u bought 2 years after listing its still went down la u dumb gaylord.. Go open the chart n see..plz dont talk kok for the sake of it. Ok..damb gaylord.. 13/11/2020 10:57 AM
This gayboy doesn't seem to learn..
Want to play with Stock but cannot even hold the Fantastic Harta and Kossan..
You sure you are supersinginvestor? Sound to me like superstupidinvestor...
@Mikecyc haha just like TDM konmabel claimed is home .. with a lot of animals .. 14 id aka in tdm same gang with 8 id Dream_xxx in Sumatec sweet talks until bankruptcy ..
One of 14 id aka is Bulldog .. seems here got puppy whining ke .. haha 13/11/2020 11:14 AM
My formulae for TDM is very simple..
22 sen is the price Mabel will collect and will collect when it retrace. Still have some few TDM Shares bought at 15-18 sen 55 sen is the potential profits 77 sen is i3 Target Price for TDM
This is Mabel simple formulae for TDM to secure my 6th New Mercedes Benz, New Bungalow and New Boyfriend...
@Mikecyc haha just like TDM konmabel claimed is home .. with a lot of animals .. 14 id aka in tdm same gang with 8 id Dream_xxx in Sumatec sweet talks until bankruptcy ..
One of 14 id aka is Bulldog .. seems here got puppy whining ke .. haha 13/11/2020 11:14 AM
Here got one stupid puppy...supersinginvestor ...gay some more..
@Mikecyc Haha refer to the Article : FGV current Debt is externally RM 4 billion and internally Felda RM 1 billion ? 13/11/2020 10:34 AM
Welcome back Mickey...
How was your Indian Ocean Trip?
This is exactly what you said to Armada last year...
Mickey Mouse is totally run of idea Every day parroting same cerita He will face the same fate like in Armada When the tsunami happens, he will be MIA...
Mickey, you seem to be missing the point. Like Mummy said many times, all these old stories have been factored in with the current price. Otherwise FGV price would have been like my KLK, Sime Darby and IOI Corps.
FGV can ride in the upcoming Plantation rally together with her 10 Plantation sisters. This is exactly what happen to my collection FPSO Battleships. Armada and Yinson. What matters is the Total Plantation P&L is profitable. When your total P&L is very profitable, you can take calculated risk.
The Signs are all pointing to a Multiyear Rebound of this bombed out FGV since IPO above Rm5.00 in year 2012.
What signs?
Answer: Read very carefully the following signs!
1) In the Latest Budget Speech Finance Minister mentioned FELDA (out of more than 1,000 KLSE stocks) to benefit from Rm400 Millions loan settlement.
This will indirectly benefit FGV as Felda might need to compensate FGV Rm4.1 Billion for taking back its lands
2) CRUDE PALM OIL HAS REACHED RM3422 A TONNE
In year 2012 when FGV was Rm5.30 at IPO and CPO was Rm2800
So FGV price at Rm1.15 is now down by 77% while CPO is up more than 22%
And CPO was below Rm2000 early this year (NOW RM3422)
This shows FGV has fallen to very attractive prices
3) RUBBER PRICES HAS SHOT UP FROM RM1.33 TO RM2.18 (UP 63%)
...and here is the best part, FGV HAS BOTH PALM OIL & RUBBER
Lastly but not least, we are dealing with an industry that can can feed more than 3 billion in more than 200 country across the Globe. Beside, unlike my other Plantation, FGV are supported and well backed by Malaysian Government.
- supersinginvestor Look@mabel n her gay gang..i got nothing against homos ok..i dont If u n ur homos want me to leave just say so.. 13/11/2020 11:38 AM
It's actually your call..
Even small decision like this also cannot make and still want to come barking here everyday..
You sure you are supersinginvestor? Sound to me like superstupidinvestor...
-Mikecyc Haha Armada ?? Konmabel is lost until blur blur ke .. see our posts on Armada in TDM ... haha lucky as not flag post removed .. 13/11/2020 11:49 AM
TDM is flying today Mah...
TDM can also mean..
TDM Tun Dr Mabel TDM Taman Datin Mabel TDM Tanaman Datin Mabel TDM Tempat Dayung Mabel TDM Terengganu Dorong Mabel TDM Terengganu Destinasi Mabel TDM Tempat Doctor Mabel TDM Tanaman Dapat Money TDM Terus Daya Maju TDM Tempat Daya Maju TDM Tempat Destiny Melancung TDM Tempat Dapat Medicine
How is your MHC?
Notice the difference?
TDM Investors are all in the right room.. Ever wonder why?
It's mainly because we have hospitals across the country. Enough medicine to take care of all her investors.
MHC investor everyday tersesat room oledi. Two tablets already finished to contain period since MHC - Manada Hospital Counter
So you all can see this ConMickey Mouse and 3 stooges all flock in TDM Hospitals since TDM is also Tanaman Dphama Malaysia
Now all flocking in FGV since FGV also grow plenty of Pineapples which is a good remedy to contain period..
>>EMPHASIS OF MATTER We draw your attention to Note 42 to the financial statements where various significant and material misstatements have been adjusted retrospectively in the 2018 financial statements. These errors have affected the financial position, results and the relevant disclosures of the prior years. Our opinion is not modified with respect to this matter.
note : Depreciation n amortisation is ( 20,836,000)
#Refer to FY20 QR1 ended March 2020 :
Revenue Profit/ ( Loss)
Plantations 57,120,000 ( 6,502,000)
Healthcare 61,915,000 3,008,000
#FY19 QR4 ended December 2019 :
Revenue Profit/ ( Loss)
Plantations 58,754,000 5,426,000
Healthcare 65,101,000 5,770,000
Note : Profit is reduced and become in Loss , and a lots of court cases , one court case is instructed to deposit RM 1.0 million as to winding up case.
>> note : Depreciation n amortisation is ( 20,836,000), Hospitals equipments n facilities is too Old .. sudden Huge amortisation although each years had done the amortisation .
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mikecyc
46,675 posts
Posted by Mikecyc > 2020-11-13 08:07 |
Post removed.Why?