For many years, its business performance as measured by its ROE was way behind that of my reference Bursa Plantation company – KLK. But when you looked at the past 2 years performance, FGV ROE seemed to be as good as that for KLK. https://i.postimg.cc/Hnfwz1Hz/FGV.png
The interesting thing is that the market price has yet to reflect the improved performance. Is this a sign of better share prices to come?
India is the largest importer of Malaysia’s CPO and they really need our help as Shah Rukh Khan, Amitabh Bachchan, Aamir Khan, Salman Khan, Kajol, Priyanka Chopra, Deepika Padukone etc needs help urgently. Their Capati and Tossie does not taste the same without Mabel Oil.
Right now Malaysia can only be able to export about four million tonnes to the country. Sarawak, please work harder, we need to increase another 2 million tonnes.
Mabel Oil Production: MPOA 1-20 October 2023 Peninsular Malaysia: (+) 4.83% Sabah: (+) 4.26% Sarawak: (-) 0.54% East Malaysia: (+) 2.99% Total Malaysia: (+) 4.14%
FGV 5th extension is due March 2nd, potential to go private by then. Dividend announcement will be made sometime soon considering revenue only dropped slightly and last year gave out 10% Trading volume is building, with not many sellers, so good time to buy some. NP has dropped compared to previous year though, so dont get too greedy
MSM up from about 80 sen to RM 2.4 meaning 3X up yet FGV(who own>50% MSM) remain at RM 1.39? Next mth QR must declare MSM as dividend only people MSM belong to FGV?
To tell the truth all is not sure because it is decided by FGV BOD which I am not. Following MSM rise is best explain FGV rise just like YTL must go up if YTL Power keep going up or down.
Posted by iscmob > 13 minutes ago | Report Abuse
besides the drive by MSM, is it going to be privatised or dividend is coming?
Privatise need MOF money for pahang state 5%, ubs company 3%, and sabah state 2%. This 3 parties should be asking price RM3. Fgv privatise already drag from 2020.
Who is actually buying and selling now?..Left hand to right hand manipulating the share price.? Is not really fair for us the last 15% minority share holder. The privatization price must be justify. Hope the government or the authority will look into the minority share issue after we have invested this share for so many years.
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....
Dehcomic01
359 posts
Posted by Dehcomic01 > 2023-11-17 10:52 | Report Abuse
FGV is a Bursa Plantation company.
For many years, its business performance as measured by its ROE was way behind that of my reference Bursa Plantation company – KLK. But when you looked at the past 2 years performance, FGV ROE seemed to be as good as that for KLK. https://i.postimg.cc/Hnfwz1Hz/FGV.png
The interesting thing is that the market price has yet to reflect the improved performance. Is this a sign of better share prices to come?