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Last Price Today's Change   Day's Range   Trading Volume
1.30   0.00 (0.00%)  1.30 - 1.31  7,527,400
44,431 comment(s). Last comment by strattegist at Jan 26, 2021 10:40 PM
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Felda_settlers
670 posts

Posted by Felda_settlers > Oct 7, 2020 3:02 PM | Report Abuse

Najib to return? He better PM?


Felda_settlers
670 posts

Posted by Felda_settlers > Oct 7, 2020 3:07 PM | Report Abuse

FGV down 50% YTD even CPO up blame who?


strattegist
12724 posts

Posted by strattegist > Oct 7, 2020 3:07 PM | Report Abuse

maintain


Felda_settlers
670 posts

Posted by Felda_settlers > Oct 7, 2020 3:10 PM | Report Abuse

Menteri jaga pocket tak jaga kita?


Felda_Sabah
58 posts

Posted by Felda_Sabah > Oct 7, 2020 3:54 PM | Report Abuse

>1.2 FGV we want not Covid19 spike.


strattegist
12724 posts

Posted by strattegist > Oct 7, 2020 3:55 PM | Report Abuse

stable


strattegist
12724 posts

Posted by strattegist > Oct 7, 2020 5:28 PM | Report Abuse

closed green


dumb123
40 posts

Posted by dumb123 > Oct 7, 2020 5:31 PM | Report Abuse

A healthy few round of profit taking.


linheng
710 posts

Posted by linheng > Oct 8, 2020 7:45 AM | Report Abuse

Last few days digesting the volume that had been thrown down. Strong support at $1.02. Shd see some recovery soon.


Mabel
10965 posts

Posted by Mabel > Oct 8, 2020 8:10 AM | Report Abuse

This Plantation should have rallied if not due to US CBP unfriendly move.

Teresa press statement was very clear..

I wonder what keeps the current Agricultural Minister busy these days..

Teresa is the Mama Cat..

Meow Meow Meow


strattegist
12724 posts

Posted by strattegist > Oct 8, 2020 9:31 AM | Report Abuse

green


calvintaneng
39934 posts

Posted by calvintaneng > Oct 8, 2020 9:50 AM | Report Abuse

Bought Fgv C98 at 3 sen few days back

Will this be like Supermax at 34.5 sen later reached Rm7.00

If Cpo turns Superbull like medical gloves then possible !!!


strattegist
12724 posts

Posted by strattegist > Oct 8, 2020 10:42 AM | Report Abuse

green laaaa


Mabel
10965 posts

Posted by Mabel > Oct 8, 2020 11:08 AM | Report Abuse

@supersinginvestor Sorry@mabel i say bad stuff about ur fgv. But its the truth to me..
Meow
08/10/2020 9:59 AM

No issues Super...

I have 11 Plantations..

Just buy any Plantation you like. US Soybean is 1050 now. FCPO is expected to challenge RM3000 again. I still believe the next rally will be Plantation

Don't ever miss this opportunity...

Meow Meow Meow


strattegist
12724 posts

Posted by strattegist > Oct 8, 2020 12:08 PM | Report Abuse

green... meowwwwwww


strattegist
12724 posts

Posted by strattegist > Oct 8, 2020 1:10 PM | Report Abuse

meowwwww


Felda_settlers
670 posts

Posted by Felda_settlers > Oct 8, 2020 3:57 PM | Report Abuse

Why 1.06 so many sellers? We not important? Can PM change?


Felda_settlers
670 posts

Posted by Felda_settlers > Oct 8, 2020 4:01 PM | Report Abuse

Najib return as PM >1.5 can see why not good idea?


Hidup_Anwar
903 posts

Posted by Hidup_Anwar > Oct 8, 2020 4:45 PM | Report Abuse

Next Tuesday Anwar meet Agong?


Hidup_Anwar
903 posts

Posted by Hidup_Anwar > Oct 8, 2020 4:59 PM | Report Abuse

1.06 today. After Anwar PM 9 2.06-3.06 possible?


strattegist
12724 posts

Posted by strattegist > Oct 8, 2020 5:12 PM | Report Abuse

closed green


strattegist
12724 posts

Posted by strattegist > Oct 8, 2020 5:12 PM | Report Abuse

meowwwwwww


Mabel
10965 posts

Posted by Mabel > Oct 8, 2020 5:31 PM | Report Abuse

Meow Meow Meow

MSM Malaysia Holdings Bhd has sacked group chief executive officer Datuk Khairil Anuar Aziz with effect from 5th October 2020 after finding his clarification on the irregularities pertaining to the adjustment to write-off inventories amounting to RM36.6m in MSM Sugar Refinery (Johor) Sdn Bhd in FY19 unacceptable.

Fakhrunniam Othman, the group investment officer of parent company FGV Holdings Bhd remained as officer-in-charge at MSM until the company has identified a suitable replacement. (The Star)


Mabel
10965 posts

Posted by Mabel > Oct 8, 2020 5:45 PM | Report Abuse

(Oct 8): Palm oil purchases by India, the biggest importer, are likely to climb in October from a three-month low as the Hindu festival of lights drives up demand for the world’s most-consumed vegetable oil.

Inbound shipments could rise to as much as 725,000 tons this month as traders and refiners replenish stockpiles to meet rising demand, according to GG Patel, managing partner of GGN Research. That compares with an estimated 638,000 tons in September, which was the lowest since June, and 778,568 tons imported in October 2019.

Vegetable oil consumption generally increases during the September to November festive period in the South Asian nation as Hindus celebrate major festivals such as Dussehra and Diwali. Palm oil is commonly used as cooking oil and to make treats such as biryani and jalebi.

Shah Rukh Khan, Salman Khan, Ameer Khan sent their regards to all of you here...

Chappati, Tosei, Briyani does not taste the same without our Palm Oil...

Meow Meow Meow


jinv9
124 posts

Posted by jinv9 > Oct 8, 2020 5:53 PM | Report Abuse

Lack of rain hits soy crop in Brazil's Mato Grosso state

10/2/2020

SAO PAULO, Oct 2 (Reuters) - Only 1.7% of the projected 2020/21 soy area in Mato Grosso, Brazil's largest soy producing state, has been planted, according to data released by industry body Imea on Friday, indicating that dry weather is significantly affecting the area's soy crop.

Last year, 6.65% of the area had been planted by Oct. 4. Over the last five years, an average of 9.59% of the state's soy area had been planted by that time.

Last week, Imea chief Daniel Latorraca told Reuters in an interview that the current lack of rains could cause difficulties for the Mato Grosso soy crop. (Reporting by Nayara Figueiredo; Writing by Gram Slattery Editing by Marguerita Choy)

https://www.agriculture.com/markets/newswire/lack-of-rain-hits-soy-crop-in-brazils-mato-grosso-state


jinv9
124 posts

Posted by jinv9 > Oct 8, 2020 5:55 PM | Report Abuse

Not all La Nina weather patterns lead to higher palm oil prices — UOB Kay Hian Research

KUALA LUMPUR (Oct 8): Not all events associated with La Nina weather patterns lead to higher palm oil prices, according to UOB Kay Hian Research.

In a note to clients today, the research house’s analysts Leow Huey Chuen and Jacquelyn Yow said La Nina’s impact on palm oil prices is dependent on damage to soybean crops, the stock-usage ratio of soybean oil, palm oil supply-demand dynamics and major global demand disruptions.

“The current La Nina event may not have a significant impact on palm oil prices as demand is still weak, while production is expected to see accelerated growth. We maintain 'market weight',” they opined.

The duo explained that La Nina weather conditions mark the onset of high rainfall in Malaysia and Indonesia, but droughts in North and South America. The impact of such weather conditions would be greater on soybean production given that North America is in the midst of its growing and harvesting phase, while South America is moving into its planting season.

Furthermore, recent high rainfall in both Malaysia and Indonesia would lead to short-term disruptions to fresh fruit bunch (FFB) harvesting and logistics. That being said, the high rainfall and good temperatures would be conducive to palm oil production next year.

It was noted that while generally soybean and palm oil production is lower during a La Nina year, this is not always the case. A larger soybean planted acreage could compensate for the loss in production yield caused by a La Nina event. The team noted that soybean prices had always been the first to react to La Nina conditions after which soybean oil and crude palm oil (CPO) prices would soon follow.

However, based on the analysts' observations of the past four La Nina events, CPO and soybean prices strengthened when South American soybean production (particularly in Brazil) was below the US Department of Agriculture's (USDA) forecast before the planting season started, with soybean oil’s stock-usage ratio falling from the onset of the La Nina year — a year before and a year after — as well as palm oil not having a high carry-forward inventory into a La Nina year and a year after such weather conditions, on top of there being no major demand disruptions such as an economic crisis or a big swing in crude oil prices.

“The current situation pointing to a limited price upside is purely depending on La Nina because there is a high possibility for the palm oil inventory to trend higher y-o-y (year-on-year) in 2H21 (the second half of 2021) on the back of better yields following a recovery from the stress and good rainfall in 2020. However, demand may not grow as fast. Soybean production may not decline significantly as more planted areas would compensate for the impact of lower yields. The only short-term positive impact on soybean oil and CPO prices would be a delay in Brazil soybean harvesting, which would create a sudden supply shortage in January to February,” the analysts said.

Arjuna Chandran Shankar

2 hrs ago

http://www.msn.com/en-my/money/topstories/not-all-la-nina-weather-patterns-lead-to-higher-palm-oil-prices-%e2%80%94-uob-kay-hian-research/ar-BB19Oncr?ocid=ientp


stockpip
156 posts

Posted by stockpip > Oct 8, 2020 5:58 PM | Report Abuse

These people are really bad at running a business. Plantation stocks should be booming with the current trend of food shortage but look at Felda. Pathetic.


firehawk
3484 posts

Posted by firehawk > Oct 8, 2020 10:55 PM | Report Abuse

No doubt, the next ceo is a bumiputra, this is most important criteria than any others like ability, honesty, integrity .... etc.


UMNO
43 posts

Posted by UMNO > Oct 9, 2020 9:35 AM | Report Abuse

Najib not next PM so cannot move?


UMNO
43 posts

Posted by UMNO > Oct 9, 2020 9:36 AM | Report Abuse

Agong from Pekan why not Najib be PM better for more people if not all?


scenery
987 posts

Posted by scenery > Oct 9, 2020 10:02 AM | Report Abuse

najib discredited already cannot be PM.


strattegist
12724 posts

Posted by strattegist > Oct 9, 2020 10:18 AM | Report Abuse

steady


5354_
3636 posts

Posted by 5354_ > Oct 9, 2020 11:12 AM | Report Abuse

Najib PM at least RM 1.5 FGV can see not Muhyiddin nor Anwar?

scenery najib discredited already cannot be PM.
09/10/2020 10:02 AM


5354_
3636 posts

Posted by 5354_ > Oct 9, 2020 11:13 AM | Report Abuse

CPO RM 3K why 1.1 so hard? If CPO <2.5K FGV< RM 1?


strattegist
12724 posts

Posted by strattegist > Oct 9, 2020 11:15 AM | Report Abuse

sustain...


5354_
3636 posts

Posted by 5354_ > Oct 9, 2020 11:19 AM | Report Abuse

CPO now is above avg but FGV very below avg.


5354_
3636 posts

Posted by 5354_ > Oct 9, 2020 2:38 PM | Report Abuse

MSM acting CEO appointed.


5354_
3636 posts

Posted by 5354_ > Oct 9, 2020 3:02 PM | Report Abuse

CPO RM 2939.


Mabel
10965 posts

Posted by Mabel > Oct 9, 2020 4:36 PM | Report Abuse

5354

Can you share how you get the latest CPO prices. I always received one day late..

Thanks in advance

Meow


strattegist
12724 posts

Posted by strattegist > Oct 9, 2020 5:12 PM | Report Abuse

closed green


Mabel
10965 posts

Posted by Mabel > Oct 9, 2020 7:10 PM | Report Abuse

CPO Prices for March to May was Between RM2,100 to RM2,300

From June to August CPO prices have gone up to between RM2,400 and RM2,600

SO IT IS BENEFITTING FROM CPO PRICE SURGE (AND TODAY CPO TOUCHES RM3,000 (OCTOBER 9th 2020)

Meow Meow Meow


Mabel
10965 posts

Posted by Mabel > Oct 9, 2020 7:25 PM | Report Abuse

9th October hari ini
Harga Sawit naik lagi
Perlabur Sawit pun banyak senang hati
Sudah Lima Mercedes Mabel sudah beli..

Meow Meow Meow


strattegist
12724 posts

Posted by strattegist > Oct 9, 2020 9:31 PM | Report Abuse

meowwwwwww


Mabel
10965 posts

Posted by Mabel > Oct 10, 2020 7:43 AM | Report Abuse

Futures are also supported by dry weather in Brazil, which threatens the soybean crop and is bolstering prices of rival soybean oil.

“Sentiment has been underpinned by good demand and prospects of higher exports to China and India, ” said Gnanasekar Thiagarajan, head of trading and hedging strategies at Kaleesuwari Intercontinental. Weather concerns in Brazil are adding to this, he said.

India’s palm oil imports are seen rising to 8.85 million tons in 2020-21 from 8 million tons a year earlier, Thomas Mielke, chief executive officer of Oil World, said in an online seminar Thursday.

Palm oil prices will depend entirely on the performance of Indonesia’s biodiesel mandate to blend 30% of palm-biofuel with 70% diesel, known as B30, according to veteran analyst Dorab Mistry, a director at Godrej International.

Palm’s premium over gasoil has surged in recent months, making mandatory biodiesel programmes much more expensive to run.- Bloomberg


Mabel
10965 posts

Posted by Mabel > Oct 10, 2020 12:43 PM | Report Abuse

Plantation - Key Takeaways From Globoil's Webinar
Date: 9th October 2020

Solvent Extractors Association of India organised a webinar yesterday titled “World Price Outlook for Vegetable Oils and Meals”. There were three speakers i.e. Thomas Mielke from Oil World, Dorab Mistry from Godrej International and James Fry from LMC International. Here are the key takeaways from the webinar: -

James Fry said that rains and good palm prices would encourage better estate maintenance in Malaysia and Indonesia, leading to improved palm production in year 2021F. Rains would boost CPO supply in early-2021F and in the meantime, there would be a seasonal pick-up in production in 4Q2020. Peak palm production may be delayed by a month or two from the usual month of October or November in Malaysia.

In terms of demand, many companies in the HORECA sector (hotels, restaurants and catering) may not survive without government support. Families in low income countries may be trading down to smaller bottles of cooking oil. James Fry did not give a price forecast.

Thomas Mielke said that CPO prices may hover around US$700/tonne (RM2,905/tonne) in 1H2021. He forecasts global production of palm oil to increase by 3.5mil to 4mil tonnes in 2021F. CPO output in Indonesia is estimated to rise by 3mil tonnes in 2021F from about 43mil tonnes in 2020E. Thomas Mielke expects CPO production in Malaysia to be flat in 2021F.

He added that global soybean supply is ample currently in spite of weather-related losses in the US. He expects world soybean supply to increase by 21mil tonnes in 2020E/2021F as Brazil is envisaged to record a record output of 132.5mil tonnes (2019/2020E: 126.5mil tonnes).

Dorab Mistry believes that CPO production in Malaysia would be flat at 19.9mil tonnes in 2020E compared with market expectations of a decline. We believe that this implies that 4Q2020 production would be strong as Malaysia’s CPO output fell by 4.7% YoY in 8M2020. He did not give a production forecast for 2021F although he said that palm supply would be good.

Dorab has suggested a dynamic biodiesel mandate to the Indonesia government whereby if CPO prices exceed US$600/tonne, the biodiesel mandate would be reduced to B25 from B30. If CPO prices exceed US$700/tonne, the biodiesel mandate would be reduced further to B20. With this, the biodiesel mandate would still be implemented but at the same time, the smallholders would not be affected by the CPO export levy. Currently, Indonesia implements the B30 biodiesel mandate with subsidies from the CPO export levy of US$55/tonne.

Mabel Research House


newbie5354_
950 posts

Posted by newbie5354_ > Oct 11, 2020 8:31 AM | Report Abuse

KWAP CEO to be removed soon nobody hear news? Any idea who successor or any job vacancy news?


Mabel
10965 posts

Posted by Mabel > Oct 11, 2020 11:05 AM | Report Abuse

Mabel Motivation for collecting FGV - for long term.

If you look at all plantation company FGV actually aggressively re-planting. FGV is a 440 Hectares Plantation. It’s the 2nd biggest plantation after SimeDarby. All lost making JV are being disposed. Right sizing employee WIP. Cost Saving also achieved and more to come. Dairy business and Animal Feed business. Paper pulp – WIP. Bio Gas /FMCG and cross plantation. For Asian Plantation Limited Ventures — which FGV impaired some RM700 million on goodwill in 2018 — the group has seen five interested parties, and is looking forward to complete a sale by year end. Potential right back that will improve FGV Balance Sheet!

REWARDS

Trading at 35.9% below our estimate of its fair value
Earnings are forecast to grow 68.68% per year

RISK ANALYSIS

Has a high level of debt
Dividend of 1.87% is not well covered by earnings
Highly volatile share price over past 3 months

Meow Meow Meow


Mabel
10965 posts

Posted by Mabel > Oct 11, 2020 11:32 AM | Report Abuse

Unlike Sime Darby, KLK, IOI Corps, Sarawak Oil Palm, TaaNN (My Blue Chip Plantation), FGV's share price has been volatile. It was listed into KLSE at RM 5.39. Friday closing is RM 1.07..

Hugh Potential for Capital Gains...

Meow Meow Meow


TigerWoods
638 posts

Posted by TigerWoods > Oct 11, 2020 1:03 PM | Report Abuse

Utd Plantation is the king of palm oil stocks. Revenue not as high as others but somehow their profit margin is way higher.


i3lurker
5321 posts

Posted by i3lurker > Oct 11, 2020 1:06 PM | Report Abuse

staff there do not steal

no cctv, no security, staff just dun want to steal.

Posted by TigerWoods > Oct 11, 2020 1:03 PM | Report Abuse

Utd Plantation is the king of palm oil stocks. Revenue not as high as others but somehow their profit margin is way higher.

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