FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

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Last Price

1.19

Today's Change

-0.01 (0.83%)

Day's Change

1.17 - 1.19

Trading Volume

296,200


35 people like this.

49,349 comment(s). Last comment by calvintaneng 3 hours ago

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-02 20:38 | Report Abuse

All happy here

M’sian palm oil industry needs fresh talents for successful transformation By Hong Wai Onn (From Focus My) Calvin Tan comments

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-02-story-h1568932281-M_sian_palm_oil_industry_needs_fresh_talents_for_successful_transformat.jsp

Posted by kgmosaic > 2021-08-02 20:44 | Report Abuse

https://www.reuters.com/article/us-china-exports-fertilisers-idUSKBN2F007W. True news, major suppliers in China has stopped exporting fertilizers. Fertilizers price will sky rock. Check counter HEXTAR GLOBAL up almost 10%.FGV will benefit.

strattegist

23,459 posts

Posted by strattegist > 2021-08-02 22:44 |

Post removed.Why?

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-08-03 09:05 | Report Abuse

1.32 FGV still below 509 1.61 the day PKR won GE14.

DickyMe

14,884 posts

Posted by DickyMe > 2021-08-03 09:54 |

Post removed.Why?

Posted by Benhobenhobenho > 2021-08-03 09:55 | Report Abuse

Today is 3rd August so any news

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-03 10:13 | Report Abuse

Happy morning all

Yes the dateline is near

You have come so far

So hold tight for the final lap

Mikecyc

46,651 posts

Posted by Mikecyc > 2021-08-03 10:39 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2021-08-03 10:41 |

Post removed.Why?

DickyMe

14,884 posts

Posted by DickyMe > 2021-08-03 10:42 | Report Abuse

European and Japanese FDI already give one month warning. The time is expiring soon. Will they leave in droves?

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-03 12:00 | Report Abuse

Go go power ranger!

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-03 12:12 | Report Abuse

CPO OVER RM4,000 FGV MAKING MORE THAN 100% PROFIT

GO GO POWER RANGER!

https://www.tradingview.com/symbols/MYX-FCPO1%21/

nobady

39 posts

Posted by nobady > 2021-08-03 14:26 | Report Abuse

take over extend time up already. why until now no any news came out?

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-03 14:51 | Report Abuse

Wait lah

After klk takeover ijmplant suspended we also waited for a few days more

Edgedaily thought takeover price was around Rm2.70

But klk gave Rm3.10 !!

So just wait

With Cpo over Rm4100 all palm oil companies will report fantastic profits

Fgv will make even more with downstream sale plus high sugar prices

Things can only get better

strattegist

23,459 posts

Posted by strattegist > 2021-08-03 15:08 | Report Abuse

good

strattegist

23,459 posts

Posted by strattegist > 2021-08-03 15:08 | Report Abuse

green

strattegist

23,459 posts

Posted by strattegist > 2021-08-03 15:08 | Report Abuse

steady

strattegist

23,459 posts

Posted by strattegist > 2021-08-03 15:09 |

Post removed.Why?

nobady

39 posts

Posted by nobady > 2021-08-03 18:02 | Report Abuse

time up still can wait? any solution also need to disclosed.

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-03 19:54 | Report Abuse

FANTASTIC GOOD NEWS FOR MALAYSIA: INTERVIEW: India's new palm oil rules to spur imports, unnerving refiners, says industry head

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-03-story-h1568937864-FANTASTIC_GOOD_NEWS_FOR_MALAYSIA_INTERVIEW_India_s_new_palm_oil_rules_t.jsp

Best of the Best News for FGV

See this https://www.fgvholdings.com/our-businesses/plantation/plantation-downstream/

DickyMe

14,884 posts

Posted by DickyMe > 2021-08-03 23:46 |

Post removed.Why?

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-03 23:57 | Report Abuse

Corn oil also 170 rupee per litre See https://www.flipkart.com/cornlite-corn-oil-vegetable-plastic-bottle/p/itmf7p6ntnbftbtb

Vanaspati made from Palm Olein only Rm140 rupee per litre still 30 rupee cheaper in India

Palm Olein from FGV, Simedarby Plant & TSH Resources' Refineries

Sabahan8

110 posts

Posted by Sabahan8 > 2021-08-04 09:30 | Report Abuse

Why Sabah have so many jungle surrounded by oil palm tree? Both BN, PN govn not good don't bring progress?

Posted by risktoreward > 2021-08-04 09:54 | Report Abuse

Good very good. Myanmar junta also very good. Myanmar got oil fields what, got rubber plantation, got hotels, who says no progress?

strattegist

23,459 posts

Posted by strattegist > 2021-08-04 10:32 |

Post removed.Why?

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-04 11:01 | Report Abuse

klci index down but palm oil futures are up

we just hold

strattegist

23,459 posts

Posted by strattegist > 2021-08-04 11:58 | Report Abuse

steady

Mikecyc

46,651 posts

Posted by Mikecyc > 2021-08-04 15:38 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-08-04 16:28 |

Post removed.Why?

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-04 19:26 | Report Abuse

Good news

Syed Moktar has confirmed taking over MMC at Rm2.00 when it was Rm1.30

MMC corp lands in Senai book value Rm15 psf but MMC sold at Rm2 millions an acre in open market

Syed Moktar has shown interest in FGV as well since FGV got Lands with Book Value as low as 7.2 sen psf

And some of FGV lands are located in Kulai. Kulai is more popular than Senai

If Felda unable to takeover FGV then they should allow Syed Moktar to come in

Posted by dianatrader > 2021-08-04 19:50 | Report Abuse

If he really want to take over, it will be good to hear.

But if not, FGV still not gonna be good counter

Posted by calvintaneng > Aug 4, 2021 7:26 PM | Report Abuse

Good news

Syed Moktar has confirmed taking over MMC at Rm2.00 when it was Rm1.30

MMC corp lands in Senai book value Rm15 psf but MMC sold at Rm2 millions an acre in open market

Syed Moktar has shown interest in FGV as well since FGV got Lands with Book Value as low as 7.2 sen psf

And some of FGV lands are located in Kulai. Kulai is more popular than Senai

If Felda unable to takeover FGV then they should allow Syed Moktar to come in

strattegist

23,459 posts

Posted by strattegist > 2021-08-04 22:44 |

Post removed.Why?

vjn86

17 posts

Posted by vjn86 > 2021-08-04 23:31 | Report Abuse

Hi, When felda suppose to offer new price or otherwise ensure the public spread is respected?

Mikecyc

46,651 posts

Posted by Mikecyc > 2021-08-05 00:02 |

Post removed.Why?

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-05 08:13 | Report Abuse

Very good morning all
Just hold and wait

When klk offered to takeover Ijmplant it took a few days before final news out

So we await the happy news

Cpo now over Rm4000
Fgv has forward sales at Rm4000 till end 2021

Excellent profits of more than 100%

Mikecyc

46,651 posts

Posted by Mikecyc > 2021-08-05 08:33 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2021-08-05 08:34 |

Post removed.Why?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-05 08:57 |

Post removed.Why?

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-05 09:14 | Report Abuse

For Fgv we must look at all future good quarters just like Chinteck plant and ijmplant

All palm oil shares will do well

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-05 09:14 | Report Abuse

We happily dumb dumb hold

strattegist

23,459 posts

Posted by strattegist > 2021-08-05 09:30 | Report Abuse

good

strattegist

23,459 posts

Posted by strattegist > 2021-08-05 09:30 | Report Abuse

steady

strattegist

23,459 posts

Posted by strattegist > 2021-08-05 09:31 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2021-08-05 10:23 |

Post removed.Why?

Mikecyc

46,651 posts

Posted by Mikecyc > 2021-08-05 10:24 |

Post removed.Why?

500Bilis

366 posts

Posted by 500Bilis > 2021-08-05 14:23 | Report Abuse

NON-COMPLIANCE WITH PUBLIC SHAREHOLDING SPREAD PURSUANT TO PARAGRAPH 8.02(1) OF THE MAIN MARKET LISTING REQUIREMENTS


We refer to the announcements dated 5 February 2021, 16 March 2021 and 24 March 2021 on FGV Holdings Berhad’s (“FGV” or “Company”) non-compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Public Spread Requirement”).



The Board of Directors of the Company wishes to announce that Bursa Securities, has vide its letter dated 4 August 2021, granted a further six-month extension until 3 February 2022, for the Company to comply with the Public Spread Requirement.



Based on the Record of Depositors, the public shareholding spread of the Company continued to decrease from 13.99% as at 19 March 2021 to 13.69% as at 30 June 2021. The Company is still in non-compliance with the public shareholding spread requirement.



As at the date of this announcement, the Company has yet to formulate a rectification plan to address the shortfall in the Public Spread Requirement.



The Company will make the necessary announcements in relation to the status of its effort to comply with the Public Spread Requirement.





This announcement is dated 5 August 2021.

500Bilis

366 posts

Posted by 500Bilis > 2021-08-05 14:26 | Report Abuse

Extension as expected, another 6 months until 03/02/2022, before Felda can make another new offer price.

calvintaneng

56,552 posts

Posted by calvintaneng > 2021-08-05 14:31 | Report Abuse

Felda failed to secure 90% which is mandatory

now by Feb 2022 all other palm oil companies will have gone into bull run and Fgv will have to offer even much higher prices

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