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44,431 comment(s). Last comment by strattegist at Jan 26, 2021 10:40 PM
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daretocutandchange
142 posts

Posted by daretocutandchange > Oct 11, 2020 2:46 PM | Report Abuse

looking for low pe oilpalm stocks?bumitama 48.5cts(p8z.sg)half year eps 2.3ct.sg,total planted area 187,679ha,which were 132,578ha nucleus and 55101ha plasma.ioi is the one subtantial shareholder with 32.039% and average age was 10.6years.km loong and sarawak plantation,after ta ann took over the management of sarawak plantation,the efficiency increase dramatically to boost up the net margin.must be patient.......


dam82
1787 posts

Posted by dam82 > Oct 11, 2020 5:27 PM | Report Abuse

agree with Mabel for now FGV is a company which with a lot issues from the past ...yet look at what they are doing if all those goes well ... FGV earning should be improving next few years .... don't forget their forry to FMCG and integrated farming something to watch out also this will not be another MAS thats for sure .. ..i will buy ... also i holding utdlpt as well .


Mabel
10965 posts

Posted by Mabel > Oct 11, 2020 10:20 PM | Report Abuse

#TigerWoods Utd Plantation is the king of palm oil stocks. Revenue not as high as others but somehow their profit margin is way higher.
11/10/2020 1:03 PM

#supersinginvestor Utdplant
Treats staff well...they use research to make trees.
Got lots of coconuts too..
If u go to their jenderata plantation u can see why they r king of all..very well managed... why bother with other plantations if u got utdplnt n klk aldy...
11/10/2020 2:29 PM

Sure Guys. I have already take note of your advise. United Plantations Berhad is one of the most efficiently managed, eco-friendly and integrated plantation companies in Malaysia and is well known globally for its best agricultural practices and high quality standards. In Malaysia UP´s total Land Banks consist of approximately 40,855 hectares which is smaller than my SOP

Like I said, any plantation should be good to capitalise on the upcoming rally. United Plantation is currently already under my watch list. Currently Utd Plantation is overbought. I usually starts buying when it is oversold stage and when consolidation phase starts. Anyway, will consider buying only if it passed ST Resistance Level entry at RM 14.80 or pullback entry at RM 14.38. Medium TP is RM 16.620...

Like I said, everyone has different views and reasons for choosing their favourite plantation. There's no right or wrong answers. Every Plantation has its own value proposition. My motivation is to feed more than 3 billion in more than 200 countries. Hence size really matters. We gals love something big and gorgeous. Here's the size of Mabel Plantation in hectares

Mabel Plantation and Size in Hectares
KLK 285,000
IOI Corp 217,937
SOP 46,248
FGV 439,725
TSH 115,000
Sime Darby 1,000,000
JTIASA 83,000
TDM 33,638
TaaNN 87,000
THPlant 98,000
BPlant 100,000

Total 2,505,548 Hectares.

FGV Value Proposition

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

Always remember, we are World Biggest Producers of Glove and the 3rd Biggest Producer of Rubber. That's why this round, I put more effort to collect FGV since FGV has both Oil Palm and Rubber which complement my Gloves Fantastic Four collection. Malaysia is also the 2nd Biggest producers of Palm Oil.

Plantation do have some challenge this year. Last year was challenging too but I believe those that has invested in FGV in the last cycle has already profited. FGV has paved way for me to buy into more planantion. I end up having 11 Plantations. I'm actually looking for another round of capital gain from FGV to buy into United Plantation as my 12th Plantation.

12 is actually is actually a nice number. Currently I have 12 Healthcare Companies and 12 O&G Fossil Fuel Battleships (after I consolidate my collection from 18 into 12 companies). It will be lovely to have 12 Biofuel Plantation in my collection too.

Always stay invested!

Meow...


Mabel
10965 posts

Posted by Mabel > Oct 11, 2020 10:21 PM | Report Abuse

@dam82 agree with Mabel for now FGV is a company which with a lot issues from the past ...yet look at what they are doing if all those goes well ... FGV earning should be improving next few years .... don't forget their forry to FMCG and integrated farming something to watch out also this will not be another MAS thats for sure .. ..i will buy ... also i holding utdlpt as well .
11/10/2020 5:27 PM

Meow dam82!

Listen to dam82. He knows what he's doing and also a smart guy...

I always adore smart man...

Meow..


strattegist
12724 posts

Posted by strattegist > Oct 12, 2020 7:03 AM | Report Abuse

sawitdikapppp


BN_better
975 posts

Posted by BN_better > Oct 12, 2020 7:37 AM | Report Abuse

Cannot understand your language. Thais is it?

strattegist sawitdikapppp
12/10/2020 7:03 AM


BN_better
975 posts

Posted by BN_better > Oct 12, 2020 7:42 AM | Report Abuse

Miss BN appointed KWAP CEO. Why BN time KWAP RM 2 FGV can buy not PH appointed CEO?


Jeffreyteck
3854 posts

Posted by Jeffreyteck > Oct 12, 2020 8:31 AM | Report Abuse

Simple job for FGV:
List down average income of all level within the company. Show income discrepancy coefficient. Prove exploitation does not exist or compensate accordingly as like top glove which initially claimed can be resolved soon, ended need to compensate.


BN_better
975 posts

Posted by BN_better > Oct 12, 2020 9:01 AM | Report Abuse

Changing of the guard at GLICs... again


strattegist
12724 posts

Posted by strattegist > Oct 12, 2020 10:08 AM | Report Abuse

maintain


Mabel
10965 posts

Posted by Mabel > Oct 12, 2020 10:32 AM | Report Abuse

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade higher this week, buoyed by expectations of stronger demand from India ahead of the Deepavali festival.

Singapore-based Palm Oil Analytics’ owner and co-founder Dr Sathia Varqa said the Festival of Lights, to be celebrated on Nov 14, would boost Indian demand for the golden crop in the near term.

"Traders also anticipate weaker production due to the rainy season which could contribute to the reduction of stockpiles in the country.

"Furthermore, they would also be waiting for the Malaysia Palm Oil Board’s (MPOB) report to be released on Monday,” he told Bernama.

On a Friday-to-Friday basis, the CPO futures contract for October 2020 rose RM174 to RM3,020 per tonne, November 2020 jumped RM201 to RM2,967 per tonne, December 2020 strengthened RM203 to RM2,911 per tonne, and January 2021 climbed RM191 to RM2,865 per tonne.

Weekly volume down to 241,460 lots from 318,816 lots in the previous week, while open interest surged to 258,490 contracts from 245,116 contracts.

On the physical market, October South stood at RM3,010 per tonne. - Bernama


strattegist
12724 posts

Posted by strattegist > Oct 12, 2020 10:40 AM | Report Abuse

meowwwwwwww


strattegist
12724 posts

Posted by strattegist > Oct 12, 2020 10:48 AM | Report Abuse

steady


strattegist
12724 posts

Posted by strattegist > Oct 12, 2020 11:44 AM | Report Abuse

green


Mabel
10965 posts

Posted by Mabel > Oct 12, 2020 12:56 PM | Report Abuse

Meow Meow Meow


Mabel
10965 posts

Posted by Mabel > Oct 12, 2020 12:56 PM | Report Abuse

Plantation Updates

Bloomberg reported that Malaysia’s palm planters have condemned the USA’s ban on FGV Holdings’ products, saying that the move will affect more than 32,000 farmers. The National Association of Smallholders Malaysia called the ban a “reckless act” and said it will worsen palm oil’s reputation as it is also facing anti-palm oil campaigns in Europe. The US Customs Order is the result of a year-long investigation that revealed labour abuses, deception, restriction of movement, isolation, intimidation and physical and sexual violence, according to its statement.

Reuters reported that Argentina has temporarily cut soybean export taxes by 3 percentage points to 30% to help stimulate trades. Processed soybean meal and soybean oil levies will temporarily be cut to varying rates starting at around 28% according to a detailed breakdown of the tax rates made available by the Economy Ministry. All of the rates would then rise again incrementally until January 2020. Argentina’s CIARA soybean crushing companies’ chamber called the tax cut plan insufficient. CIARA said that all export taxes and restrictions on grains and their derivatives are distorting the market. The association would support a schedule for the reduction and elimination of such duties.

FGV Holdings said that it plans to expand its rubber business to Europe and North America through the appointment of UK-based rubber marketing agency, Rubber Heart Ltd. Rubber Heart will develop strategy to market FGV’s technically specified rubber and specialty natural rubber-based materials for the two regions. FGV operates four rubber processing facilities in Malaysia with an annual production of 230,000 tonnes.

Bloomberg cited Brazil’s rural economy institute Imea as saying that soybean seeding in Mato Grosso has stalled on dry weather. Seeding was 1.7% completed in Mato Grosso as at two weeks ago, down from 6.7% a year earlier and the five-year average of 9.6%. Also, an official with Aprosoja, which is a farm group, said that fieldwork has completely halted as farmers do not want to take risks after forecasts showed that rains may not arrive until 10 October. Seeding delays for soybeans may disrupt the timing for planting cotton and corn after the soybean harvest.

According to EU’s Transport and Environment website, adults in Europe do not want to promote the burning of palm oil or soybean oil in diesel cars and trucks. According to a YouGov poll in seven European countries, 34% of Europeans want to stop the use of palm oil in diesel fuel as soon as possible after being told about EU’s decision to phase out palm biodiesel by year 2030F. About 22% want to do it sooner than 2030F. Only 8% opposed EU’s decision to end the use of palm oil in power vehicles.


strattegist
12724 posts

Posted by strattegist > Oct 12, 2020 1:39 PM | Report Abuse

green


dam82
1787 posts

Posted by dam82 > Oct 12, 2020 1:52 PM | Report Abuse

For 2018, we are forecasting average CPO production cost (ex-mill) at RM1,666 per MT. In 2019, we are targeting average CPO production cost (ex-mill) at RM1,469 per MT.

Through its transformation plan, FGV will correct its legacy issues and restore operational integrity. It is estimated that at an average CPO price of RM2,500 per MT, FGV should be able to earn profit before tax (PBT) of RM1.0 billion a year. All shareholders, especially FELDA will stand to benefit.


-----------------------------------------------------------------------------------------------------------------------------------

throughout this year w saw CPO above 2500 can FGV Deliver Q3 and Q4 ?


Mabel
10965 posts

Posted by Mabel > Oct 12, 2020 2:43 PM | Report Abuse

@dam82 For 2018, we are forecasting average CPO production cost (ex-mill) at RM1,666 per MT. In 2019, we are targeting average CPO production cost (ex-mill) at RM1,469 per MT.

Through its transformation plan, FGV will correct its legacy issues and restore operational integrity. It is estimated that at an average CPO price of RM2,500 per MT, FGV should be able to earn profit before tax (PBT) of RM1.0 billion a year. All shareholders, especially FELDA will stand to benefit.
-----------------------------------------------------------------------------------------------------------------------------------
throughout this year w saw CPO above 2500 can FGV Deliver Q3 and Q4 ?
12/10/2020 1:52 PM

Absolutely dam82!. All my Blue Chips are indicating good forecast for 2020 and 2021. SimeDarby for instance are indicating 6% growth in revenue with profit growth of 10X.

All cleaning are being done through the FGV Transformation Plan and do not forget the RM700 million on goodwill in 2018 — the group has seen five interested parties, and is looking forward to complete a sale by year end. Hence we are talking another potential right back that will improve FGV Balance Sheet!

On a Friday-to-Friday basis, the CPO futures contract for October 2020 rose RM174 to RM3,020 per tonne, November 2020 jumped RM201 to RM2,967 per tonne, December 2020 strengthened RM203 to RM2,911 per tonne, and January 2021 climbed RM191 to RM2,865 per tonne.

Weekly volume down to 241,460 lots from 318,816 lots in the previous week, while open interest surged to 258,490 contracts from 245,116 contracts.

On the physical market, October South stood at RM3,010 per tonne.

Meow Meow Meow


rlch
4081 posts

Posted by rlch > Oct 12, 2020 2:45 PM | Report Abuse

CPO > RM 3K sure benefits FGV.


strattegist
12724 posts

Posted by strattegist > Oct 12, 2020 2:50 PM | Report Abuse

meowwwwwww


strattegist
12724 posts

Posted by strattegist > Oct 12, 2020 3:01 PM | Report Abuse

green


strattegist
12724 posts

Posted by strattegist > Oct 12, 2020 3:24 PM | Report Abuse

sustain green


strattegist
12724 posts

Posted by strattegist > Oct 12, 2020 5:56 PM | Report Abuse

closed green


Mabel
10965 posts

Posted by Mabel > Oct 12, 2020 9:49 PM | Report Abuse

Slowly and Surely...

Meow...


Mabel
10965 posts

Posted by Mabel > Oct 13, 2020 8:52 AM | Report Abuse

Presently, the four largest sectors on the KLCI with a combined weight of 66% are Banks (e.28.4%), Gloves (e.15.2%), Utility (e.11.8%) and Telco (e.10.6%).

If Gloves Supermax and Kossan feature in the next constituent review, these four sectors would make up about 70% of the total weight: Banks (e.27.7%), Gloves (e.19.8%), Utility (e.11.6%), Telco (e.10.3%)

Plantation currently is only 8.9% which means there lots of room to grow since there are similar advantages of medical gloves and palm oil due to the tropical climate of Malaysia

1. Why China cannot compete against Malaysian Medical gloves?

Answer:

Because China don't have rubber trees for fresh latex

And China got cold winter which is bad for glove chemical as cold weather hardens rubber fast unless they use heater which add to cost of production

2. Same reason applies to palm oil

Soybean cannot grow in winter. So from November to March USA don't have soybean

For Brazil and Argentina now got very very hot dry weather so planting is delayed even though it is Spring time in the Southern hemisphere

Palm oil is evergreen and is harvested twice a week throughout the whole year round

So, for 4 months when there is no soyoil or other vege oil then palm oil will reign as king oil

SO, FROM NOW TILL FEBRUARY PALM OIL MIGHT GO UP INTO STRONG UPTREND

SHOULD BRAZIL & ARGENTINA GOT DROUGHT THEN PALM OIL WILL GO INTO FULL FLEDGE MULTI YEAR HIGH BULL RUN.

Meow Meow Meow


Hidup_PN
434 posts

Posted by Hidup_PN > Oct 13, 2020 10:54 AM | Report Abuse

Promoters on leave so must down?


yesyesyes
667 posts

Posted by yesyesyes > Oct 13, 2020 10:58 AM | Report Abuse

meow meow .. i am in .


lck1300
440 posts

Posted by lck1300 > Oct 13, 2020 12:56 PM | Report Abuse

Oh no down so much


dam82
1787 posts

Posted by dam82 > Oct 13, 2020 1:02 PM | Report Abuse

No eye see for at least 1 year


zzzzzz
11 posts

Posted by zzzzzz > Oct 13, 2020 1:42 PM | Report Abuse

supersinginvestor did you invest in FGV?


zzzzzz
11 posts

Posted by zzzzzz > Oct 13, 2020 2:45 PM | Report Abuse

You're so generous. Spending your time warning others on stocks you don't buy. Keep up the good work


yongyong88
126 posts

Posted by yongyong88 > Oct 13, 2020 3:11 PM | Report Abuse

pls sell n run,I am buying n keep... good time to collect


wilxom
40 posts

Posted by wilxom > Oct 13, 2020 3:23 PM | Report Abuse

Today announcement from Hishamuddin that China is buying palm oil from Malaysia 1.7 million tan.

https://mobile.twitter.com/HishammuddinH2O/status/1315905196753526786?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet


dusti
2139 posts

Posted by dusti > Oct 13, 2020 4:01 PM | Report Abuse

The right thing to do is RUN.............after the person who persuade you to buy.


yukieshiroe90
8 posts

Posted by yukieshiroe90 > Oct 13, 2020 4:12 PM | Report Abuse

buy when people fear. supersing is promoting fear. means what. time to buy more.


zzzzzz
11 posts

Posted by zzzzzz > Oct 13, 2020 4:31 PM | Report Abuse

@Supersinginvestor You should get the word out to a wider audience. Hurry and spread the word to as many counters as possible. I'm sure folks here have gotten your message.

Go on, your good work is needed elsewhere. Think about all the poor souls out there who don't know what you do.


Hidup_Anwar
903 posts

Posted by Hidup_Anwar > Oct 13, 2020 4:40 PM | Report Abuse

Muhyiddin not good. Anwar should be PM asap.


Hidup_Anwar
903 posts

Posted by Hidup_Anwar > Oct 13, 2020 4:40 PM | Report Abuse

Jobless rate remains at 4.7%
https://www.thestar.com.my/business/business-news/2020/10/13/jobless-rate-remains-at-47


ansenn1987
2 posts

Posted by ansenn1987 > Oct 13, 2020 4:49 PM | Report Abuse

BEST BUYBEST SELL
#Buyers Vol(Unit) Price Price Vol(Unit) #Sellers
3
19,800 1.130 1.040 70,000
1
2
25,000 1.060 1.050 50,000
1
108
3,471,800 1.050 1.060 1,549,800
13

obviously someone try to do kao FGV...poor thing


BearishTrend
990 posts

Posted by BearishTrend > Oct 13, 2020 5:08 PM | Report Abuse

Buy.. Sure up loor


Mabel
10965 posts

Posted by Mabel > Oct 13, 2020 6:10 PM | Report Abuse

@supersinginvestor Mabel . I thot u so rich. Still buy cheap shares meh??
15000 fgv =1000utdplnt.
Maybe some people cant afford utdplnt...
Its ok if poor...
13/10/2020 1:33 PM

@supersinginvestor Many people bought the ipo n bought at rm5.5.. then at rm4.5 loyal investor bought more...then rm3.5 again top up...
Then rm2.5 bang balls...then rm1.5 sell.
A story....
Fgv is a trap....like mas....dont buy it..sell it...buy utdplnt or klk...
Even if only can afford 1lot...
Here u will burn with hopes...then u will burn....
13/10/2020 3:38 PM

Meow super....

I thought I have already explained earlier why FGV is under my collection. Please scroll up my earlier comments..

Today my KLK is up by 28 sen. My IOI Corp is up 5 sen. FGV only drop 5 sen mah. Net still positive..

No Lah...where got trap. For this cycle, I have actually collected a lot of FGV shares when it was trading below RM 1. In fact I'm still waiting to collect more at RM 1. Now my Blonde Hair already turn white waiting for FGV to drop RM 1.

Well I have never claimed that I rich. What I said was I'm an investor. Let see how this work...

1528utdplnt = 1000 KLK Right?

Meow..


Mabel
10965 posts

Posted by Mabel > Oct 13, 2020 6:11 PM | Report Abuse

#TigerWoods Utd Plantation is the king of palm oil stocks. Revenue not as high as others but somehow their profit margin is way higher.
11/10/2020 1:03 PM

#supersinginvestor Utdplant
Treats staff well...they use research to make trees.
Got lots of coconuts too..
If u go to their jenderata plantation u can see why they r king of all..very well managed... why bother with other plantations if u got utdplnt n klk aldy...
11/10/2020 2:29 PM

Sure Guys. I have already take note of your advise. United Plantations Berhad is one of the most efficiently managed, eco-friendly and integrated plantation companies in Malaysia and is well known globally for its best agricultural practices and high quality standards. In Malaysia UP´s total Land Banks consist of approximately 40,855 hectares which is smaller than my SOP

Like I said, any plantation should be good to capitalise on the upcoming rally. United Plantation is currently already under my watch list. Currently Utd Plantation is overbought. I usually starts buying when it is oversold stage and when consolidation phase starts. Anyway, will consider buying only if it passed ST Resistance Level entry at RM 14.80 or pullback entry at RM 14.38. Medium TP is RM 16.620...

Like I said, everyone has different views and reasons for choosing their favourite plantation. There's no right or wrong answers. Every Plantation has its own value proposition. My motivation is to feed more than 3 billion in more than 200 countries. Hence size really matters. We gals love something big and gorgeous. Here's the size of Mabel Plantation in hectares

Mabel Plantation and Size in Hectares
KLK 285,000
IOI Corp 217,937
SOP 46,248
FGV 439,725
TSH 115,000
Sime Darby 1,000,000
JTIASA 83,000
TDM 33,638
TaaNN 87,000
THPlant 98,000
BPlant 100,000

Total 2,505,548 Hectares.

FGV Value Proposition

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

Always remember, we are World Biggest Producers of Glove and the 3rd Biggest Producer of Rubber. That's why this round, I put more effort to collect FGV since FGV has both Oil Palm and Rubber which complement my Gloves Fantastic Four collection. Malaysia is also the 2nd Biggest producers of Palm Oil.

Plantation do have some challenge this year. Last year was challenging too but I believe those that has invested in FGV in the last cycle has already profited. FGV has paved way for me to buy into more planantion. I end up having 11 Plantations. I'm actually looking for another round of capital gain from FGV to buy into United Plantation as my 12th Plantation.

12 is actually is actually a nice number. Currently I have 12 Healthcare Companies and 12 O&G Fossil Fuel Battleships (after I consolidate my collection from 18 into 12 companies). It will be lovely to have 12 Biofuel Plantation in my collection too.

Always stay invested!

Meow...
11/10/2020 10:20 PM


Mabel
10965 posts

Posted by Mabel > Oct 13, 2020 6:17 PM | Report Abuse

@yesyesyes meow meow .. i am in .
13/10/2020 10:58 AM

@yukieshiroe90 buy when people fear. supersing is promoting fear. means what. time to buy more.
13/10/2020 4:12 PM

@BearishTrend Buy.. Sure up loor
13/10/2020 5:08 PM

Meow Meow Meow...

Presently, the four largest sectors on the KLCI with a combined weight of 66% are Banks (e.28.4%), Gloves (e.15.2%), Utility (e.11.8%) and Telco (e.10.6%).

If Gloves Supermax and Kossan feature in the next constituent review, these four sectors would make up about 70% of the total weight: Banks (e.27.7%), Gloves (e.19.8%), Utility (e.11.6%), Telco (e.10.3%)

Plantation currently is only 8.9% which means there lots of room to grow since there are similar advantages of medical gloves and palm oil due to the tropical climate of Malaysia

1. Why China cannot compete against Malaysian Medical gloves?

Answer:

Because China don't have rubber trees for fresh latex

And China got cold winter which is bad for glove chemical as cold weather hardens rubber fast unless they use heater which add to cost of production

2. Same reason applies to palm oil

Soybean cannot grow in winter. So from November to March USA don't have soybean

For Brazil and Argentina now got very very hot dry weather so planting is delayed even though it is Spring time in the Southern hemisphere

Palm oil is evergreen and is harvested twice a week throughout the whole year round

So, for 4 months when there is no soyoil or other vege oil then palm oil will reign as king oil

SO, FROM NOW TILL FEBRUARY PALM OIL MIGHT GO UP INTO STRONG UPTREND

SHOULD BRAZIL & ARGENTINA GOT DROUGHT THEN PALM OIL WILL GO INTO FULL FLEDGE MULTI YEAR HIGH BULL RUN.

Meow Meow Meow


Mabel
10965 posts

Posted by Mabel > Oct 13, 2020 6:55 PM | Report Abuse

What most people don't understand FGV cost is below is RM 1500. When they see CPO dip, they starts taking profits. Some even want to short with 1 shares just to suppress the price.

Another thing you need to know FGV is highly political. The current political scenario is not helping. Hopefully the politician can get this over as soon as possible. For me who ever rule does not really matter. What we need is stability and great weather for our palm oil to yield. This is paying for my dally milk and fishes..

All Mabel Blue Chips Plantation are indicating good forecast for 2020 and 2021. SimeDarby for instance are indicating 6% growth in revenue with profit growth of 10X.

All cleaning are being done through the FGV Transformation Plan and do not forget the RM700 million on goodwill in 2018 — the group has seen five interested parties, and is looking forward to complete a sale by year end. Hence we are talking another potential right back that will improve FGV Balance Sheet!

CPO closed today at RM 3056.50

FCPO December Contract is RM 3003

Weather looks Purrrrfect...

Meow..


dam82
1787 posts

Posted by dam82 > Oct 13, 2020 8:50 PM | Report Abuse

No eye see ...if its go down also .... keep for my old days


calvintaneng
39934 posts

Posted by calvintaneng > Oct 13, 2020 11:31 PM | Report Abuse

Buy Jtiasa - Giant Treasure

WTK - Boss kept buying

Bplant

Chinteck - Hidden gem

TDM


newbie5354_
950 posts

Posted by newbie5354_ > Oct 14, 2020 6:38 AM | Report Abuse

CPO, rubber price up why Fgv down? Let us buy more?


newbie5354_
950 posts

Posted by newbie5354_ > Oct 14, 2020 6:40 AM | Report Abuse

3000 RM CPO not enough? 3500-4000 CPO need so that FGV can up?


Hidup_Anwar
903 posts

Posted by Hidup_Anwar > Oct 14, 2020 7:15 AM | Report Abuse

Muhyiddin as PM won't do; need Anwar PM to do?

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