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 43 minutes ago

strattegist

23,459 posts

Posted by strattegist > 2021-10-05 08:08 |

Post removed.Why?

Posted by Benhobenhobenho > 2021-10-05 11:30 | Report Abuse

Waited so loooooooooooooooooooooooong

strattegist

23,459 posts

Posted by strattegist > 2021-10-05 12:12 |

Post removed.Why?

Mabel

24,140 posts

Posted by Mabel > 2021-10-05 16:00 | Report Abuse

Mabel today very busy with Mabel Energy Battleships and Super tankers as all of them cruising at full speed. So many missiles to fires....I think one of the missiles hit Mickey Mouse Plantation - MHC - Mickey Horrible Counter ...HiHiHi....

Meow Meow Meow

Mabel

24,140 posts

Posted by Mabel > 2021-10-05 20:02 | Report Abuse

CPO already breach 5000

Mickey Mouse must be crying silently

Huat chaiii

strattegist

23,459 posts

Posted by strattegist > 2021-10-05 23:04 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-10-05 23:04 | Report Abuse

closed green

strattegist

23,459 posts

Posted by strattegist > 2021-10-05 23:05 |

Post removed.Why?

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-10-06 01:38 | Report Abuse

SEE_Research ===========================================================================

https://klse.i3investor.com/blogs/see_research/2021-10-06-story-h15919...

===========================================================================
SAMSON HERCULES Chan /4316

( LIMIT UP 30 % --- STOCK LIKE SUBUR / 6904 )


Another Subur Tiasa Holdings Bhd / 6904

Potentially, for this coming week ,

starting from 6 October 2021 , onwards


(i)1st Target Price :


RM 0.68 level

( 17 % )



=====================================

(ii) 2nd Target Price :

RM 0.89 level

( 50 %)
06/10/2021 1:27 AM

strattegist

23,459 posts

Posted by strattegist > 2021-10-06 07:58 |

Post removed.Why?

Mabel

24,140 posts

Posted by Mabel > 2021-10-06 09:50 | Report Abuse

Three-quarters of global energy demand is still met by fossil fuels, with less than a fifth by non-nuclear renewables. The rest will be coming from our Plantation Bio Fuel and Malaysia is the 2nd Biggest Exporter of Palm Oil.

Crude palm oil (CPO) futures price rose to RM5,000 a tonne for the first time on Tuesday. Our palm oil exports is expected to grow by 39% m-o-m and 0.3% y-o-y in September 2021 to 1.62 million tonnes, likely due to higher exports to India, China and the EU (European Union)

Meanwhile Fossil Energy prices continue to surge to fresh records as renewed fears stoke panic of the worst shortage in decades. India has warned it has only four days of coal reserves left, German power plants are running out of fuel and China just unloaded an Australian coal shipment despite an import ban and icy relations. Supply is just not there as economies rebound from a pandemic-induced lull, while problems like logistical logjams and transport bottlenecks are adding to the pressure.

Bigger picture: OPEC+ didn't come to the rescue yesterday as the group decided to continue its original plan of gradually releasing 400,000 additional barrels of oil per month. That's despite calls from world leaders, including the White House, to bring more crude on to the market and keep a lid on prices.

It's looking good guys from both Frontiers. Mabel Energy Battleships and Supertankers as well as Bio Fuel Plantation are cruising at full speed.

Meow Meow Meow

strattegist

23,459 posts

Posted by strattegist > 2021-10-06 10:04 |

Post removed.Why?

kong73

2,065 posts

Posted by kong73 > 2021-10-06 12:18 | Report Abuse

FGV IPO price 4.55/unit

kong73

2,065 posts

Posted by kong73 > 2021-10-06 12:21 | Report Abuse

6 months will complete audit with US Customs Border Control

kong73

2,065 posts

Posted by kong73 > 2021-10-06 12:21 | Report Abuse

High CPO price until 2022

EVO118

2,144 posts

Posted by EVO118 > 2021-10-06 12:42 | Report Abuse

only reason it is up is because of CPO rise today.

Malaysia's CPO futures rise past RM5,000 a tonne to record high.
https://www.theedgemarkets.com/article/malaysia-cpo-futures-rise-past-rm5000-tonne-record-high

strattegist

23,459 posts

Posted by strattegist > 2021-10-06 12:59 | Report Abuse

good

strattegist

23,459 posts

Posted by strattegist > 2021-10-06 12:59 | Report Abuse

green

strattegist

23,459 posts

Posted by strattegist > 2021-10-06 12:59 |

Post removed.Why?

Posted by Sweetchocalates > 2021-10-06 16:38 | Report Abuse

Today plantation sector on steroids. 7% up lol

Posted by atlantisbear > 2021-10-06 16:45 | Report Abuse

wowooo

strattegist

23,459 posts

Posted by strattegist > 2021-10-06 21:46 | Report Abuse

hijau menghijau

strattegist

23,459 posts

Posted by strattegist > 2021-10-06 21:46 | Report Abuse

steady

strattegist

23,459 posts

Posted by strattegist > 2021-10-06 21:46 | Report Abuse

relax

strattegist

23,459 posts

Posted by strattegist > 2021-10-06 21:46 | Report Abuse

cool

strattegist

23,459 posts

Posted by strattegist > 2021-10-06 21:46 |

Post removed.Why?

calvintaneng

56,550 posts

Posted by calvintaneng > 2021-10-06 23:05 | Report Abuse

FGV - Full of Golden Value

3 HOME GROWN INDUSTRIES OF MALAYSIA GONE INTO BULL RUN OGSE (2019) MEDICAL GLOVES (2020) PALM OIL (2021) Calvin Tan

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-10-06-story-h1591934709-3_HOME_GROWN_INDUSTRIES_OF_MALAYSIA_GONE_INTO_BULL_RUN_OGSE_2019_MEDICA.jsp

strattegist

23,459 posts

Posted by strattegist > 2021-10-07 09:06 | Report Abuse

good

strattegist

23,459 posts

Posted by strattegist > 2021-10-07 09:07 |

Post removed.Why?

kong73

2,065 posts

Posted by kong73 > 2021-10-07 10:20 | Report Abuse

FGV IPO price 4.55/unit..now cheap sale from 80 sens last year and now only 1.50 sens/unit...still undervalued

PunTatBerSiul

1,001 posts

Posted by PunTatBerSiul > 2021-10-07 10:22 |

Post removed.Why?

Mabel

24,140 posts

Posted by Mabel > 2021-10-07 10:51 | Report Abuse

#PunTatBerSiul PASTI MUFLIS!
07/10/2021 10:22 AM

Haha your Dicky kena chewed ka...

Mickey Mouse is back in action after his jonny kena chewed 5X...

The FBMKLCI Index skyrocketed yesterday on the back of strong buying interest in plantation names as the spot price for palm oil hit MYR5,000 for the first time in history. Despite mixed performance in the regional markets, the benchmark index gained 29.00pts or 1.89%, to end the day at 1,559.42, led by advances in SIMEPLT, DIALOG, KLK and IOICORP.

Market breadth turned positive with gainers outnumbering losers by 612 to 433. A total of 4.47b shares valued at MYR3.42b changed hands.

Our Plantation segar dan menghijau mah...

Meow Meow Meow

kong73

2,065 posts

Posted by kong73 > 2021-10-07 10:57 | Report Abuse

Plantation bull run period...mana nak dapat lagi harga dunia CPO RM5000. limited supply plus growing demand from china and India

kong73

2,065 posts

Posted by kong73 > 2021-10-07 11:00 | Report Abuse

Yet to be seen as "Future" is unknown

But we can "SEE" the Signs ahead & they tell us Bullish Events are Unfolding

1) China shut down its factories due to lack of electric power - leading to little Soybean milling. Without milling there won't be enough soymeal & soy oil

SO CHINA MUST BUY PALM OIL TO MEET THE SHORTFALL

2) NOVEMBER 14 is DIWALI CELEBRATION FOR INDIA's 1.35 BILLION PEOPLE

3) DECEMBER 25 IS CHRISTMAS & FOLLOWED BY NEW YEAR CELEBRATION OF YEAR 2022

Every cake, ice cream or feasting involves palm oil

4) FEBRUARY 1ST 2022: 1.4 BILLION STRONG CHINESE CELEBRATE CHINESE LUNAR NEW YEAR WITH 15 DAYS OF FEASTING - LOTS OF PALM OIL NEEDED

5) VERY COLD WINTER AHEAD: SO HIGH CRUDE OIL PRICES EXPECTED - HELPING TO KEEP PALM OIL ELEVATED AS IT IS USED AS ALTERNATE BIODISEL FOR GREEN ENERGY

6) THEN USA TURNING ITS FOSSIL FUEL REFINERY TO BIODISEL REFINERY WILL GIVE BIODISEL A SUSTAINED UP-LIFT

THESE AND OTHER MULTIPLE FUNDAMENTAL STRUCTURAL FACTORS ARE GAME CHANGERS FOR PALM OIL BULL RUN TIME

HOW LONG WILL PALM OIL BULL RUN LAST?

THAT WE CANNOT TELL

BUT IT WON'T BE FORESTALLED LIKE GLOVE DUE TO IMMENSE GLUT & THE CHINA FACTOR

WHY?

ANSWER: UNLIKE GLOVE WHEN CHINA COULD SET UP NEW GLOVE FACTORIES IN JUST 4 TO 6 MONTHS YOU NEED LAND & PLANTING TIME FOR PALM OIL TO GROW TILL FIRST FRUIT : AT LEAST 5 YEARS TO SEE COMPETITION (SO PALM OIL HAS HIGH TIME BARRIER TO ENTRY TILL YEAR 2026)

stockraider

31,556 posts

Posted by stockraider > 2021-10-07 11:03 | Report Abuse

Just buy lah!

Farmland very safe mah!

strattegist

23,459 posts

Posted by strattegist > 2021-10-07 11:25 | Report Abuse

steady

strattegist

23,459 posts

Posted by strattegist > 2021-10-07 11:26 | Report Abuse

relax

strattegist

23,459 posts

Posted by strattegist > 2021-10-07 11:26 | Report Abuse

cool

strattegist

23,459 posts

Posted by strattegist > 2021-10-07 11:26 |

Post removed.Why?

Trader258

435 posts

Posted by Trader258 > 2021-10-07 11:39 | Report Abuse

Not all in yet..??

..........................................................................................................................................................
kong73 FGV IPO price 4.55/unit..now cheap sale from 80 sens last year and now only 1.50 sens/unit...still undervalued

kong73

2,065 posts

Posted by kong73 > 2021-10-07 12:43 | Report Abuse

mind want to all in..but the body says no bullet to spare

paktua73

18,324 posts

Posted by paktua73 > 2021-10-07 12:50 | Report Abuse

who hold below 1.18 now segar mekar tuai hasilnya..


tut tut
ihik3..

kong73

2,065 posts

Posted by kong73 > 2021-10-07 13:19 | Report Abuse

FGV Records Higher PBZT of RM501 Million in 2Q FY2021
KUALA LUMPUR, 30 August 2021 – FGV Holdings Berhad (FGV) registered a significantly higher
profit before zakat and tax (PBZT) of RM501 million for its second quarter ended 30 June 2021 (2Q
FY2021), against PBZT of RM18 million in the previous corresponding quarter. The Group’s revenue
for the quarter under review rose 42% to RM4.68 billion versus RM3.29 billion in 2Q FY2020.
The strong performance of the Group’s PBZT driven by higher operating profit of RM338 million in 2Q
FY2021 compared to RM115 million in the same period last year, mainly attributed to increased palm
products margin, improved gross profit margin for its Sugar business, as well as higher throughput
and cargo volume handled by its Logistics business. In addition, the Group reported fair value gain
on Land Lease Agreement (LLA) of RM180 million compared to fair value charge on LLA of RM76
million registered in the previous corresponding quarter. The gain on LLA for the current quarter was
attributed mainly to the revision in the yield assumption used in arriving at the LLA liability.
For the period under review, the Group has recorded higher average crude palm oil (CPO) price
realised of RM3,333 per metric tonne (MT) which is 44% higher compared to average CPO price
realised in 2Q FY2020 of RM2,309 per MT. This contributed to a turnaround of more than 100% yearon-year (y-o-y) for the Group’s Plantation Sector.
For 1H FY2021, the Group posted a PBZT of RM516 million against a revenue of RM8.08 billion,
compared to the previous corresponding period’s loss before zakat and tax (LBZT) of RM145 million
against a revenue of RM6.08 billion.
Mohd Nazrul Izam Mansor, Group Chief Executive Officer of FGV said, “Despite the ongoing
challenges of the pandemic, as well as the lagging effect of dry weather, I am pleased to report
that FGV posted strong operating profit. We remained resilient in our efforts in these unprecedented
times, which has translated into the significant improvement of our financial results for this quarter.”
The operating profit for FGV’s upstream segment under the Plantation Sector increased to RM247
million for 2Q FY2021 compared to RM106 million in the previous corresponding quarter, due to
improved palm products margin despite an increase in CPO ex-mill cost.
In the upstream operational parameters, the FFB production and yield both lower by 11% against the
previous corresponding quarter to 1.06 million MT and 4.18 MT/Ha respectively, due to lower FFB
production from the young, mature and prime age palm categories, as well as a shortage of skilled
harvesters.
CPO production decreased by 14% y-o-y to 0.70 million MT due to lower FFB processed, especially
from external parties. Oil extraction rate (OER) however, improved slightly to 20.16% compared to
20.02% a year earlier, resulting from improved mills performance through stringent process control.
FGV’s downstream segment under the Plantation Sector came in 21% stronger with an improved
operating profit of RM29 million compared to RM24 million in the previous corresponding quarter,
attributed by 64% higher margin realised from crude palm kernel oil (CPKO) sales.
The Group’s Sugar Sector under its 51% owned subsidiary, MSM Malaysia Holdings Berhad (MSM)
continued its positive momentum by posting a RM23 million PBZT against a revenue of RM554 million
for the quarter under review, a significant improvement from a LBZT of RM27 million against revenue
of RM447 million in 2Q FY2020.
2
“The performance is primarily driven by higher gross profit margin of 8% resulted from an increase in
overall sales volume by 12% attributed to less restrictive imposition of the nationwide MCO 3.0
compared to MCO 1.0 in March last year,” added Mohd Nazrul.
In addition, FGV’s Logistics Sector recorded a similar PBZT of RM22 million in 2Q FY2021, majorly
contributed by its bulking business segment which recorded 11% growth y-o-y due to a 3% increase
in total throughput and bulking volume. The transport business segment, however, posted a lower
PBZT by 50% of RM2 million in 2Q FY2021 compared to RM4 million in the same period last year
due to increase in variable operating costs by 19%, despite an increase in total tonnage carried and
an average transportation rate by 1% and 11% respectively.
Going forward
The ongoing pandemic, the new Delta variant and the imposition of the Movement Control Order
(MCO) 3.0 continue to affect Malaysia’s palm oil industry as a whole. In curbing the impact of COVID19 especially at its plantations, FGV is expediting its vaccination programme for all workers as part of
its mitigation effort in managing the risk of infections at its operating locations.
“We are currently at the final stage of acquiring the vaccines and shall commence the vaccination
programme by the first week of September 2021,” said Mohd Nazrul.
Besides that, on 16 August 2021 one of FGV’s core sectors, FGV Integrat

kong73

2,065 posts

Posted by kong73 > 2021-10-07 13:20 | Report Abuse

Going forward
The ongoing pandemic, the new Delta variant and the imposition of the Movement Control Order
(MCO) 3.0 continue to affect Malaysia’s palm oil industry as a whole. In curbing the impact of COVID19 especially at its plantations, FGV is expediting its vaccination programme for all workers as part of
its mitigation effort in managing the risk of infections at its operating locations.
“We are currently at the final stage of acquiring the vaccines and shall commence the vaccination
programme by the first week of September 2021,” said Mohd Nazrul.
Besides that, on 16 August 2021 one of FGV’s core sectors, FGV Integrated Farming Sdn Bhd
(FGVIF), entered into a Memorandum of Collaboration (MOC) with FELCRA Berhad (FELCRA) and
Baladna Food Industries (BALADNA), Qatar’s largest locally-owned food and dairy producer, to carry
out a comprehensive feasibility and technical study on an opportunity to potentially co-invest in an
integrated dairy farm business in Chuping, Perlis.
The potential initial areas of collaboration include doubling the current production of Malaysian fresh
milk within two years, and creating a farm for ten thousand milking cows with an annual production of
100 million litres of milk per year. Other potential areas include utilising Malaysian agricultural land to
produce largely the required animal feed for the dairy farm, as well as using the joint venture farm as
a hub that supports small rural farms in developing small cattle fatting farms and animal feed farms
by 2024, among others.
EN

kong73

2,065 posts

Posted by kong73 > 2021-10-07 13:26 | Report Abuse

The production figures of FGV Holdings Berhad for the month of August 2021 are set out below:

Items

Production

Fresh Fruit Bunches 396,787 MT

Rubber 323,566 KG

Crude Palm Oil Produced 259,696 MT

Palm Kernel Produced 65,882 MT

This announcement is dated 14 September 2021.

kong73

2,065 posts

Posted by kong73 > 2021-10-07 13:30 | Report Abuse

average crude palm oil price for August 2021 how much will it be. Last quarter average was RM3333/MT

strattegist

23,459 posts

Posted by strattegist > 2021-10-07 13:54 | Report Abuse

green

strattegist

23,459 posts

Posted by strattegist > 2021-10-07 13:54 | Report Abuse

good

strattegist

23,459 posts

Posted by strattegist > 2021-10-07 13:54 | Report Abuse

steady

strattegist

23,459 posts

Posted by strattegist > 2021-10-07 13:54 | Report Abuse

relax

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