Posted by birdparadise > 2021-06-01 21:40 |

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Posted by calvintaneng > 2021-06-01 22:33 | Report Abuse

You guys better work harder hor

My tong sampah empty today

Will do operasi tong sampah buy more Fgv tomorrow as usual

So do your very best push weak holders to throw to Calvin

Posted by Mikecyc > 2021-06-01 23:46 |

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Posted by Mikecyc > 2021-06-02 01:03 |

Post removed.Why?

Posted by blackjack > 2021-06-02 04:55 | Report Abuse

buy 1.205 exit 1.815

Posted by Mikecyc > 2021-06-02 08:00 | Report Abuse

Frankly Speaking: Higher CPO prices unable to save FGV
TheEdge Mon, May 31, 2021 11:30am - 1 day ago


Almost all major plantation companies have been raking in the profits from the record high crude palm oil (CPO) prices. However, FGV Holdings Bhd recorded a loss in the latest quarter.

Its revenue and operating profit increased on the back of higher CPO prices. However, its result was dragged down by an adjustment to the fair value change of its land lease agreement (LLA) that is tied to its ultimate shareholder, Felda Holdings Bhd.

The LLA adjustment of RM143.8 million in the latest quarter saw FGV record a loss of RM13.8 million. The company however, stated in the notes accompanying the results that the performance was a huge improvement compared to the loss of RM173.9 million in the same period last year.

But a peek into the accounts suggests that the losses are more than just the adjustment to the LLA agreement.

The plantation division, which is the mainstay of the plantation company, is still bleeding despite CPO prices at record high levels in the first quarter.

>> FGV stated that the plantation sector registered a lower loss of RM50.8 million in the first quarter of this year compared to a loss of RM142.3 million in the same period last year. The lower loss was mitigated by the higher average selling price of CPO at RM3,172 per tonne compared to RM2,669 per tonne last year.

>> If FGV is still unprofitable when CPO prices are more than RM3,000 per tonne, what is its break-even cost of production?

Posted by calvintaneng > 2021-06-02 09:31 | Report Abuse

Very good morning all

Fgv now Rock Solid

Posted by strattegist > 2021-06-02 11:38 |

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Posted by strattegist > 2021-06-02 13:21 | Report Abuse

steady

Posted by Mabel > 2021-06-02 17:39 | Report Abuse

It's Green!!!!

Meow

Posted by strattegist > 2021-06-02 19:14 | Report Abuse

yeappppp... closed green

Posted by strattegist > 2021-06-02 19:15 | Report Abuse

steady

Posted by strattegist > 2021-06-02 19:15 |

Post removed.Why?

Posted by Mabel > 2021-06-02 23:03 | Report Abuse

Yesterday’s FCPO selling pressure again was capped within the ongoing support of MYR3,845 and the 61.8% FR level. Selling pressure appears to be moderating at aforementioned level as we expect a recovery soon.

Buying interest continued to pick up over the past six days and we expect the FCPO to rebound, leading to further recovery soon.

Mabel expect FCPO consolidation is about to end...Uptrend still intact...

For those who decided to run, please run and take shelter at the Plantation. Come and join us at the plantation. Weather is beautiful and CPO is doing great. It's a great opportunity to feed 8 billion people across the planet.

As long as CPO is trading above RM 3,000 we can expect windfall profits for the coming quarter.. Currently CPO prices is at its best..

Meow

Posted by Mikecyc > 2021-06-03 08:13 | Report Abuse

>> FGV stated that the plantation sector registered a lower loss of RM50.8 million in the first quarter of this year compared to a loss of RM142.3 million in the same period last year. The lower loss was mitigated by the higher average selling price of CPO at RM3,172 per tonne compared to RM2,669 per tonne last year.

>> If FGV is still unprofitable when CPO prices are more than RM3,000 per tonne, what is its break-even cost of production?

Posted by i3lurker > 2021-06-03 08:21 | Report Abuse

Losses?

Quote =>
One Malaysian Cabinet Minister said, nobody knows what they do behind the tree.
<= Unquote

Posted by Poh Chye > 2021-06-03 08:29 | Report Abuse

why do replanting when FELDA intends to take FGV private. This is to benefit the shareholders after privatisation (if successful). Not fair for current sholders....

Posted by Bgt 9963 > 2021-06-03 08:35 |

Post removed.Why?

Posted by strattegist > 2021-06-03 10:03 |

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Posted by strattegist > 2021-06-03 10:55 | Report Abuse

steady

Posted by calvintaneng > 2021-06-03 12:00 | Report Abuse

Very happy morning

Aug 3 is only 2 months away

CPO ALL TIME HIGH NOW

Sure get a Bonanza New Offer from Felda

So hold tight

Got extra Cash just buy more confidently and joyfully

Posted by strattegist > 2021-06-03 13:20 | Report Abuse

green

Posted by strattegist > 2021-06-03 13:20 |

Post removed.Why?

Posted by strattegist > 2021-06-03 13:27 | Report Abuse

steady

Posted by mikeazk > 2021-06-03 13:44 | Report Abuse

Hi.. can someone remind me whats going to happen on 3 Aug wrt FGV?

Posted by 8888_ > 2021-06-03 15:28 | Report Abuse

3rd Aug(sure this date?) not 6 months 1.3 GO expiry date? After that if privatise higher price no need to pay more to those accept 1.3 earlier?

mikeazk Hi.. can someone remind me whats going to happen on 3 Aug wrt FGV?
03/06/2021 1:44 PM

Posted by 8888_ > 2021-06-03 15:29 | Report Abuse

India considering edible oil import tax cut to lower prices — sources
https://www.theedgemarkets.com/article/india-considering-edible-oil-import-tax-cut-lower-prices-%E2%80%94-sources

Posted by strattegist > 2021-06-03 16:21 | Report Abuse

relax

Posted by strattegist > 2021-06-03 18:39 | Report Abuse

closed green

Posted by strattegist > 2021-06-03 18:39 | Report Abuse

steady

Posted by strattegist > 2021-06-03 18:40 |

Post removed.Why?

Posted by kelvin17 > 2021-06-04 08:22 | Report Abuse

calvintan i believe you know the most on this stock . after 3rd August will FGV continues listing ? what will happen if we still hold the share at that time ?

Posted by Bgt 9963 > 2021-06-04 08:25 |

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Posted by mikeazk > 2021-06-04 08:58 | Report Abuse

8888, Calvin tan, if i understand from you, does this means FGV have to announce a decision - i.e. to drop privatisation plan or new offer by 3-Aug?

Posted by calvintaneng > 2021-06-04 09:25 | Report Abuse

Calvin say to all happy holders of Fgv

Wait till Aug 3 will know

Today Mmc goes limit up and many are queueing to buy at Rm1.69 with slim chance of getting any

For Fgv opportunity is now open wide

Posted by strattegist > 2021-06-04 09:40 |

Post removed.Why?

Posted by strattegist > 2021-06-04 09:40 | Report Abuse

steady

Posted by 8888_ > 2021-06-04 09:42 | Report Abuse

2 months to change GO price too long?

Posted by 8888_ > 2021-06-04 09:42 | Report Abuse

Syed Mokhtar RTO no more news?

Posted by EVO118 > 2021-06-04 11:02 | Report Abuse

Only 2 options.
1. Dump all excess shareholdings as at close of GO over the threshold.
2. No 2nd GO cannot be issued unless the shareholdings was brought back to the required threshold. First GO cannot be extended. It's over!
SM cannot do anything here because the BOD is controlled by FELDA who will not consider any offer from SM. END OF THE SAD STORY.

Posted by 8888_ > 2021-06-04 11:10 | Report Abuse

BOD/Management not good enough. SM can turnaround FGV sooner?

Posted by 8888_ > 2021-06-04 11:10 | Report Abuse

SM if in RM 2 even got hope?

Posted by 8888_ > 2021-06-04 11:16 | Report Abuse

Tradewind & FGV same business(CPO, sugar) why not consider merger?

Posted by 8888_ > 2021-06-04 11:20 | Report Abuse

Unless Felda offer more(not RM 1.3) why we cannot consider SM RTO?

Posted by strattegist > 2021-06-04 12:33 |

Post removed.Why?

Posted by calvintaneng > 2021-06-04 14:11 | Report Abuse

Syed Moktar offered to take Mmc private at Rm2.00

from Rm1.30

Last time Syed Moktar took UMland private at Rm3 when it was Rm1.00

If Syed Moktar is in charge of Fgv he would probably offer Rm2.50 to take Fgv private

Posted by strattegist > 2021-06-04 15:16 | Report Abuse

relax

Posted by Parksonguy > 2021-06-04 17:36 | Report Abuse

Fgv borrow 99yrs land from malay. You think malay will give moktar land? Now malay want is to take back the 99yrs leased at price rm1.3.

Posted by Parksonguy > 2021-06-04 17:38 | Report Abuse

Now malay angry already. If felda go use Rm3 buy fgv. Malay will be very piss off due to felda money share by malay petani.

Posted by Parksonguy > 2021-06-04 17:42 | Report Abuse

If felda use rm1.3 take back the land. Petani felda will be very happy and support Muhyiddin. Now felda hold 81% share already. 9% more can privatisation. Good luck to you all