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.

49,348 comment(s). Last comment by speakup 3 days ago

strattegist

23,459 posts

Posted by strattegist > 2021-11-15 09:52 | Report Abuse

steady

calvintaneng

56,542 posts

Posted by calvintaneng > 2021-11-15 10:44 |

Post removed.Why?

EVO118

2,144 posts

Posted by EVO118 > 2021-11-15 13:43 | Report Abuse

Intrinsic99
I am 100% with you. Good comment.

strattegist

23,459 posts

Posted by strattegist > 2021-11-15 15:06 | Report Abuse

sustain

EVO118

2,144 posts

Posted by EVO118 > 2021-11-15 19:08 | Report Abuse

Well, that last lot of reported acquisition of 767,800 shares can only be between 0.50 - 0.51 (that is the high & low for 9/11/21) It is silly selling now, there is only one seriously buyer - FELDA. I presume today's low turnover @ a lower price most likely gone to FELDA. We will know in the next couple of days.

kong73

2,065 posts

Posted by kong73 > 2021-11-15 20:09 | Report Abuse

My theory - FELDA will mop up as much as they can and make offer for those who have not sold yet

EVO118

2,144 posts

Posted by EVO118 > 2021-11-15 21:41 | Report Abuse

They are not suppose to be buying. By right they have to be selling! That's Bursa for you.

Posted by atlantisbear > 2021-11-15 22:46 | Report Abuse

why someone must butthurt when we discussing the share we kept? dont like it, go f yourself

strattegist

23,459 posts

Posted by strattegist > 2021-11-16 08:42 | Report Abuse

relax and cool

strattegist

23,459 posts

Posted by strattegist > 2021-11-16 12:35 | Report Abuse

steady

manahin

244 posts

Posted by manahin > 2021-11-16 13:10 | Report Abuse

Felda doing buying/selling... controlling the price

taitaumau

276 posts

Posted by taitaumau > 2021-11-16 14:51 | Report Abuse

The more, the faster Felda buy in, the sooner will come our rewards

taitaumau

276 posts

Posted by taitaumau > 2021-11-16 16:28 | Report Abuse

the way i c,
How will FGV fare ?, 3 options now
1. Felda privatizes it
2. Felda reduces its stake to meet the minimum spread requirement
3. Felda stays still, let FGV takes steps to meet its minimum spread requirement

Option 1, most likely.
IF OPTION 2 happens,
- Felda would have misled minorities in its previous take over notice that came with a salient intention of DOES NOT INTENT TO MAINTAIN THE LISTING STATUS OF FGV
- In view of its subsequent top up in FGV shares at prices > 1.30, Felda should compensate all acceptee of the said take over offer
IF OPTION 3 sets in,
- FGV can be accused of collaborating with the Offeror (FELDA) to deceive minorities at time of take over notice.

I wonder, under option 2 or 3, will bursa securities close their eyes ?

What say u.

Remark: An on-going interesting and similar case awaiting the final outcome at LTKM BHD.

strattegist

23,459 posts

Posted by strattegist > 2021-11-16 16:46 | Report Abuse

stable

strattegist

23,459 posts

Posted by strattegist > 2021-11-16 17:36 | Report Abuse

closed flat

EVO118

2,144 posts

Posted by EVO118 > 2021-11-16 21:41 | Report Abuse

taitaumau
Option 1 - This is the only clean & easy way to go. It will happen within 2 mths. They will have to make another offer, no choice.
Option 2 - This is impossble. Just for reducing another 5% stake is alot of shares & investors are fully aware of what is going on. Even iif there is a HUGH drop in price, the buyers might just hold back.
Option 3 - This is only possible if it is a force sell, like if it is a margin call. You don't have a choice. Can't see this happening, same effect as option 2.

Another option is for FELDA to organize for someone to agree to take a 5% stake crossing in one hit.

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-11-17 10:05 | Report Abuse

Felda misled minorities vote PKR/PH in PRN Melaka and GE15.

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-11-17 10:06 | Report Abuse

After GE14; FGV RM 2 can why not now? Backdoor govn not good?

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-11-17 10:43 | Report Abuse

Tax more from banks then privatise FGV higher price why govt don't know? Wait PH/PKR win PRN Melaka and GE15?

strattegist

23,459 posts

Posted by strattegist > 2021-11-17 10:43 | Report Abuse

muted interest

Posted by Orang_Melaka > 2021-11-17 12:20 | Report Abuse

1.6-1.8 no way? BN also no way in PRN Melaka?

Posted by Benhobenhobenho > 2021-11-17 13:02 | Report Abuse

MIDF Research has maintained its 'Buy' call on FGV Holdings with an unchanged target price of RM2.36.

"Going ahead, we anticipate favourable crude palm oil prices, coupled with modest fresh fruit bunch production, to generate better financial performance for the company.

"On top of that, the anticipated higher average selling price of refined sugar and increase in sales volume should be able to help MSM Malaysia Holdings Bhd achieve higher profit margin in the coming quarter," MIDF Research said.

strattegist

23,459 posts

Posted by strattegist > 2021-11-17 13:04 | Report Abuse

good

EVO118

2,144 posts

Posted by EVO118 > 2021-11-17 14:18 | Report Abuse

CPO price and sugar prices have NO effect on the share price. There is not enough free shares available in the market. It can be easily manipulated by FELDA.

EVO118

2,144 posts

Posted by EVO118 > 2021-11-17 14:40 | Report Abuse

Felda has the ability to sell big volumes from 1.30 - 1.50+ and buy back again without causing any damage in their books. VERY EASY for them to manipulate. They hold hugh volumes on 1.30 from the takeover offer.

EVO118

2,144 posts

Posted by EVO118 > 2021-11-17 15:23 | Report Abuse

I am sure given the same conditions that FELDA has ( volume of shares on 1.30 ) to anyone of us on I3, I am sure we can manipulate the market and make a decent profit out of it, as well as maintaining the same volume in the books at the end of the day.

strattegist

23,459 posts

Posted by strattegist > 2021-11-17 17:32 | Report Abuse

closed red

EVO118

2,144 posts

Posted by EVO118 > 2021-11-18 11:04 | Report Abuse

Better hope for BN in Melaka. Melaka is the gateway to where most of FGV settlement is. PN or even Harapan will not be doing any thing for FGV. Better still BN in GE15. PAS, PRN, PKR/HARAPAN has lost the plot. Slowly but surely things are coming back together. How long ago was the 1MDB whale story, has anybody been locked up. We are very quick to lock up small petty offenders but not the big WHALE.

"Prosecution withdraws appeal against Ku Nan's acquittal in RM2 mil graft case."
https://www.theedgemarkets.com/article/prosecution-withdraws-appeal-against-ku-nans-acquittal-rm2-mil-graft-case

Sign of things to come.

EVO118

2,144 posts

Posted by EVO118 > 2021-11-18 11:17 | Report Abuse

Ku Nan, who is next? Isa Samad, Zahid ? Won't be long.

strattegist

23,459 posts

Posted by strattegist > 2021-11-18 13:00 | Report Abuse

down 1 sen

EVO118

2,144 posts

Posted by EVO118 > 2021-11-18 15:34 | Report Abuse

What we need is a total spill of the BOD. Filled it with independent candidates who are not the silent arm of FELDA, except those required based on FELDA's right as a majority shareholder.. This will give us a chance to hear the offer of SM's proposed joint venture. As it is at the moment the BOD did not even want to consider or even entertain this proposal. THis is closed to being classifed as criminal by association.

EVO118

2,144 posts

Posted by EVO118 > 2021-11-18 15:55 | Report Abuse

Where is MACC, maybe they can look into it. Oh, I forgot they do make alot of noise and arrest but nobody has been sent to jail. In fact , it's chief has recently just been conferred a Tan Sri. Is that a joke. I thought in this modern times, you get rewarded based on your performance. Maybe the performance is to ensure non of this VVIP end up in jail.

EVO118

2,144 posts

Posted by EVO118 > 2021-11-18 16:01 | Report Abuse

The biggest IPO in Malaysia at that time, as well as in Asia. It is nowhere close to a fraction of what it was. With 1MDB and this Malaysia has become the biggest laughing stock.

kong73

2,065 posts

Posted by kong73 > 2021-11-19 11:21 | Report Abuse

Add sum more at 1.46 today. Portfolio updated

FGV_

513 posts

Posted by FGV_ > 2021-11-19 11:41 | Report Abuse

CPO up why down?

FGV_

513 posts

Posted by FGV_ > 2021-11-19 11:43 | Report Abuse

2.26 MIDF TP 1.45-1.46 Felda sell?

FGV_

513 posts

Posted by FGV_ > 2021-11-19 11:44 | Report Abuse

Why down if nobody sell?

cpo_

419 posts

Posted by cpo_ > 2021-11-19 12:17 | Report Abuse

CPO and rubber very good price so FGV QR again big profit?

cpo_

419 posts

Posted by cpo_ > 2021-11-19 12:19 | Report Abuse

EPS 9.3 sen Q2 21 even can surpass? Best is year end div(min 5 sen?) can declare.

calvintaneng

56,542 posts

Posted by calvintaneng > 2021-11-19 15:42 |

Post removed.Why?

Posted by Business101 > 2021-11-19 16:54 | Report Abuse

This calvintaneng again. C o n man forever.

strattegist

23,459 posts

Posted by strattegist > 2021-11-19 17:31 | Report Abuse

closed flat 1.47

kong73

2,065 posts

Posted by kong73 > 2021-11-19 21:36 | Report Abuse

Simeplantation qtr results recently announced wasd fantastic!

kong73

2,065 posts

Posted by kong73 > 2021-11-19 21:39 | Report Abuse

KUALA LUMPUR (Nov 18): Sime Darby Plantation Bhd said on Thursday (Nov 18) its third-quarter net profit from continuing operations more than tripled to RM635 million from RM190 million a year earlier, driven by the stronger performance of its upstream segment,

Mabel

24,140 posts

Posted by Mabel > 2021-11-19 23:19 | Report Abuse

Nice and Lovely!

Meow Meow Meow

Mabel

24,140 posts

Posted by Mabel > 2021-11-19 23:20 |

Post removed.Why?

EVO118

2,144 posts

Posted by EVO118 > 2021-11-20 07:47 | Report Abuse

CPO prices, Sugar prices and what ever optimistic outlook in the world is not going to twitch a cent on FGV. It will go down or up to whatever FELDA wants. There is nothing anyone do can stop them if they want it down. Only thing you can be sure of, is it is not going below 1.30 in the next 2 months.

EVO118

2,144 posts

Posted by EVO118 > 2021-11-21 10:14 | Report Abuse

Good results in Melaka. A wake up call. Just need the same momentum into GE15 for the national results. Not pro BN, Harapan, or any coalition. Just need a govt to be more focus on their jobs than their own individual welfare. Only a BN will be looking after FGV settlers.

EVO118

2,144 posts

Posted by EVO118 > 2021-11-22 07:28 | Report Abuse

Everybody in the palm oil sector seems to have good news but our FGV cannot move at all.

IJM Plantations returns to the black, recording RM101.04mil net profit on higher CPO prices
https://www.nst.com.my/business/2021/11/746871/ijm-plantations-returns-black-recording-rm10104mil-net-profit-higher-cpo

EVO118

2,144 posts

Posted by EVO118 > 2021-11-22 08:00 | Report Abuse

Sarawak Plantation 3Q net profit more than doubles to RM42m.
https://www.theedgemarkets.com/article/sarawak-plantation-3q-net-profit-more-doubles-rm42m.

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