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Last Price Today's Change   Day's Range   Trading Volume
1.30   0.00 (0.00%)  1.29 - 1.30  25,627,600
44,280 comment(s). Last comment by JN88 at Jan 17, 2021 11:56 PM
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Jobless
21 posts

Posted by Jobless > Nov 1, 2020 5:15 AM | Report Abuse

BN not good we kicked them out in GE14. Emergency is to delay GE15? Why US worse Covid19 country can have GE not M'sia?


Jobless
21 posts

Posted by Jobless > Nov 1, 2020 5:22 AM | Report Abuse

Never trust politicians. If make more and more jobless why must keep them?


Jobless
21 posts

Posted by Jobless > Nov 1, 2020 5:26 AM | Report Abuse

Wahid Omar ex Maybank CEO not approved FGV IPO why now say FGV not worth? He like politicians cannot be trusted?


Mabel
10912 posts

Posted by Mabel > Nov 1, 2020 12:46 PM | Report Abuse

Of course all politicians has to be taken with a handful of salts..

With 54 seats in GE15, I'm sure they will handle this tactfully..

Either ways FGV will be taken care off. They cannot afford to make the Biggest IPO a failure..

Mabel Motivation for collecting FGV..

+ FGV has both Oil Palm and Rubber Plantations which is important for our Gloves Industry. We are the World No 1 Producer of Gloves, World No 2 Producer of Palm Oil and World No 3 Producer of Rubber.

+ Compensation which can go as high as RM4.3 Bil to RM7 bil (Without mills FGV: Expects RM3.5bn-RM4.3bn compensation from Felda over LLA termination. With mills FGV is expected to get RM 6-7 Billion (estimate)..

+ Higher CPO. CPO closed at MYR 3,243.50. Next it will breach RM 3300

+ Gain from Global Rubber Shortage due to rising demand from China & Glove makers consumptions.

+ Felda now has the funding to pay FGV

+ Land injection by PLSB which will increase FGV’s landbank size to 212,170 hectares. It’s still the 2nd biggest plantation after SimeDarby.

+ Potential downstream activities that can help FGV.

+ The group currently incurs annual operating costs of about RM1.5 billion for maintenance and upkeep costs, such as replanting, fertilising, staffs’ quarters and plantation workers’ wages, mostly on LLA lands. As such, we anticipate that the group could potentially have a leaner cost structure should [the] LLA [be] terminated as Felda would probably need to assume those expenses.

+ The removal of the fixed lease payment of RM248.0 million per annum to Felda,

+ 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!.

All these should bring FGV at par with my Plantation Blue Chips. If the price dip further on Monday, Mabel will not hesitate to continue collecting for capital gain.

Meow Meow Meow


Minagrace
26 posts

Posted by Minagrace > Nov 1, 2020 1:30 PM | Report Abuse

The problem with FGV is investor have no confident with their management. Give them how many cash also useless . Why waste time on them when there are better Blue chip plantations counter out there.


Mabel
10912 posts

Posted by Mabel > Nov 1, 2020 1:35 PM | Report Abuse

We are talking about Syed Mokhtar...he's worth more than USD 1.2 to 1.3 Billions

https://www.forbes.com/profile/syed-mokhtar-albukhary/?sh=1c0c3afd18ee

Meow


Mabel
10912 posts

Posted by Mabel > Nov 1, 2020 1:39 PM | Report Abuse

@Minagrace The problem with FGV is investor have no confident with their management. Give them how many cash also useless . Why waste time on them when there are better Blue chip plantations counter out there.
01/11/2020 1:30 PM

Sure you can choose any of Mabel 11 Pantations.

Sime Darby
KL Kepong
FGV
IOI Corp
Sarawak Oil Palm
TaaNN
TSH
Jtiasa
Tabung Haji
Boustead
TDM

Meow


jk20598
90 posts

Posted by jk20598 > Nov 1, 2020 3:15 PM | Report Abuse

Felda Chairman rejected Syed Mokhtar's offer!


Mabel
10912 posts

Posted by Mabel > Nov 1, 2020 3:22 PM | Report Abuse

It's actually not his call..

It's FGV who will decide mah...

Meow


mf
23893 posts

Posted by mf > Nov 1, 2020 3:55 PM | Report Abuse

PM bertemu pemimpin Perikatan Nasional di Hilton Kuala Lumpur
Ridauddin Daud
November 1, 2020 15:35 MYT


ming
1641 posts

Posted by ming > Nov 1, 2020 4:19 PM | Report Abuse

Syed mokhtar fights with Felda.. both goreng fgv fly to sky high..xD


ming
1641 posts

Posted by ming > Nov 1, 2020 5:21 PM | Report Abuse

Extract from Wilmar’s quater result on 30th Oct:


With the tight global vegetable oils situation, we expect palm prices to remain firm into early 2021, driving our Palm Oil Mill and Plantation results for the next quarter. Processing margins for Tropical Oils and Oilseed crushing margins are also expected to be satisfactory for the rest of the year. Our Sugar operations are expected to do well for this year, aided by the strong white sugar premium and the recent recovery in sugar prices.


Mabel
10912 posts

Posted by Mabel > Nov 1, 2020 9:31 PM | Report Abuse

@ming Syed mokhtar fights with Felda.. both goreng fgv fly to sky high..xD
01/11/2020 4:19 PM

Meow ming

Budak2 bermain gasing
Bermain dgn adik Kak Mabel
Alang2 kalau nak goreng
Biar sampai dapat tukar katil Stainless Steel

JR Erwing duduk di Jalan Gasing
Anak nya berambut Blonde bernama Mabel
Absolutely ! Confirm FGV akan di goreng
Kali ini FGV pilihan utama Mabel

RM 1.06 Harga saham di tutup Hari Jumaat
Jangan risau sebab Auto Cruise sudah set pada Dua ringgit
Jatuh naik saham langsung tidak berbangkit
Ini Kali FGV akan melepasi Dua Ringgit.

Meow Meow Meow


DickyMe
7715 posts

Posted by DickyMe > Nov 1, 2020 9:42 PM | Report Abuse

70 sen coming soon!


Mabel
10912 posts

Posted by Mabel > Nov 1, 2020 10:27 PM | Report Abuse

Hahaha...Dicky kena marah di Top Glove.

What happen to all your posting to TG? Why all kena deleted?

Luckily we farmers here are more polite than my Gloves Buddies,,,

Meow


pineapple123
2045 posts

Posted by pineapple123 > Nov 1, 2020 10:46 PM | Report Abuse

FGV HUTANG EVERYWHERE. LOSSES DUE TO DRECTOR'S FIGHTING FOR POWER AND GETTING INVOLVED IN POLITIC.

4.5BIL COMPENSATION? PERLAHAN-LAHAN TUNGGU. HAHA


limkokthye
4440 posts

Posted by limkokthye > Nov 1, 2020 11:09 PM | Report Abuse

malaysia will bankrupt soon, too many lobang lobang company


DickyMe
7715 posts

Posted by DickyMe > Nov 1, 2020 11:11 PM | Report Abuse

LOL..My comments or post getting deleted is not unusual or new.

However, they cannot stop me from commenting.


Mabel
10912 posts

Posted by Mabel > Nov 1, 2020 11:15 PM | Report Abuse

...that's why FGV starts planting pineapple..

Remember Dphama?

When it was below RM 3, everyone was scared to buy ...too many Naysayers

Two weeks ago, Dphama breaches RM 4.20. Mabel managed to lock some profits and pump into FGV to grow more pineapples. Mabel loves pineapples. It shorten Mabel's period..

Everything in the market repeats, so stop worrying with negative thoughts. Once the operator has collected enough they definitely will push up the price and likewise vice versa as we have seen in many counters. Last rally FGV reach RM 1.56. This round it can go above RM 2. All risks has been factored in including Directors and Managements. CPO may breach RM 3300 soon

If it dips next week, Mabel will sailang...

Meow...


Mabel
10912 posts

Posted by Mabel > Nov 1, 2020 11:24 PM | Report Abuse

@DickyMe LOL..My comments or post getting deleted is not unusual or new.

However, they cannot stop me from commenting.
01/11/2020 11:11 PM

Meow Dicky!

Anyway Mabel loves reading your comments..

Sometimes, you make me think...

Have a great week !

Meow


5354_
3638 posts

Posted by 5354_ > Nov 2, 2020 5:26 AM | Report Abuse

Privatise FGV faster than terminate LLA which can take 18 months?


mf
23893 posts

Posted by mf > Nov 2, 2020 6:25 AM | Report Abuse

Selain pembentangan Belanjawan 2021, pasti ramai yang menunggu usul undi tidak percaya kepada Perdana Menteri, Tan Sri Muhyiddin Mohd Yassin termasuk usul menyatakan kepercayaan kepada Perdana Menteri.

Apa pun, semuanya masih berkisar kepada pandemik COVID-19 termasuklah isu politik, ekonomi dan hal ehwal sosial dan kebajikan rakyat.


Mabel
10912 posts

Posted by Mabel > Nov 2, 2020 8:10 AM | Report Abuse

5354_ Privatise FGV faster than terminate LLA which can take 18 months?
02/11/2020 5:26 AM
Yes.


mf
23893 posts

Posted by mf > Nov 2, 2020 8:20 AM |

Post removed. Why?


dam82
1778 posts

Posted by dam82 > Nov 2, 2020 9:13 AM | Report Abuse

gone case for short term ..no one will buy at the moment thanks to PN


strattegist
12369 posts

Posted by strattegist > Nov 2, 2020 9:42 AM | Report Abuse

softlan


8888_
2079 posts

Posted by 8888_ > Nov 2, 2020 10:12 AM | Report Abuse

Soft bec PN not good? Privatise FGV cheaper why cannot do? Wait Anwar(PH) PM?


8888_
2079 posts

Posted by 8888_ > Nov 2, 2020 10:16 AM | Report Abuse

No wonder so many no confidence on Muhyiddin. FGV also don't know belong to 54 Felda seats?


8888_
2079 posts

Posted by 8888_ > Nov 2, 2020 10:18 AM | Report Abuse

FGV CEO if not good just change not let FGV drop.


8888_
2079 posts

Posted by 8888_ > Nov 2, 2020 10:19 AM | Report Abuse

Almost half of motions in Parliament relate to confidence on Muhyiddin's leadership
https://www.thestar.com.my/news/nation/2020/11/02/almost-half-of-motions-in-parliament-today-relate-to-confidence-on-muhyiddin039s-leadership


ming
1641 posts

Posted by ming > Nov 2, 2020 10:31 AM | Report Abuse

Aiyo.. kena slap pulak


strattegist
12369 posts

Posted by strattegist > Nov 2, 2020 11:18 AM | Report Abuse

kutip biji sawit...


dam82
1778 posts

Posted by dam82 > Nov 2, 2020 12:30 PM | Report Abuse

someone depressing the price ..now lets see


dam82
1778 posts

Posted by dam82 > Nov 2, 2020 1:38 PM | Report Abuse

For LLA Land FGV at the mercy of FELDA and also if FELDA decide to sell FGV with penny in open market but i doubt they will do that ... any other noises coming like Mill FELDA can't do anything unless FGV Board Approve and FELDA cannot vote ...


Mabel
10912 posts

Posted by Mabel > Nov 2, 2020 3:57 PM | Report Abuse

Namaste,

I believe this bearish sentiments may continue until the US Presidential Election and when Budget 2021 is over..

O&G will continue to dominate the Energy for the next 30 Years. Mabel can wait since Mabel is still young :)

The transition of oil & gas companies from fossil fuels have spurred joint venture partnerships as well as merger and acquisition activities in the renewable sector, with Total tripling its capacity this year. Green agenda activism has accelerated plans to spend a capex of US$200bil by 2030 with almost all majors committing to achieve net zero emissions by 2050 with plans to divest their overseas oil & gas investments. Europe and Japan have committed to this target by 2050 and China by 2060.

So far Mabel Energy Petronas and Yinson have invested in solar. The shift towards renewable energy in Malaysia has already been underway over the past 3 years with Petronas operating 448MW of solar capacity in India and Southeast Asia, and presently developing another 212MW. In Malaysia, Petronas is operating and developing 50MW of solar capacity, part of that to supply to 15 Tesco stores. Amongst local service providers, only Yinson has taken the plunge by investing US$30mil for a 95% equity stake in a Rising Son Energy, which has a 160MW solar farm in Bhadla Solar Park Phase II, Rajasthan, India. Nevertheless, we envisage a slow adoption of renewable projects by local O&G providers given that a large segment is currently burdened by high gearing amid a low oil price environment.

One of the reason why Mabel Technology Greatech is doing so well is because of Renewals Energy. Greatech Technology major revenue comes from the Export Market since Malaysia is too small. Bloomberg predicts that wind and solar will grow to 56% of global electricity by 2050.

Another source of energy is coming from Mabel Plantation using Bio Fuels. That is one of the reason why Palm Oil will breach RM 3300 soon.

Beside Gloves, these type of investments hedge Mabel's Investments in the O&G Sector..

Very happy with my Shopping this morning. Really Mega Deepavali Sales...

Meow Meow Meow


Mabel
10912 posts

Posted by Mabel > Nov 2, 2020 4:06 PM | Report Abuse

@dam82 For LLA Land FGV at the mercy of FELDA and also if FELDA decide to sell FGV with penny in open market but i doubt they will do that ... any other noises coming like Mill FELDA can't do anything unless FGV Board Approve and FELDA cannot vote ...
02/11/2020 1:38 PM

Absolutely dam82

Meow Meow Meow


Hidup_Anwar
892 posts

Posted by Hidup_Anwar > Nov 2, 2020 4:15 PM | Report Abuse

1.1 why hard? Anwar PM 9; 1.5-2 even can see?


strattegist
12369 posts

Posted by strattegist > Nov 2, 2020 5:53 PM | Report Abuse

still above rm1...


dam82
1778 posts

Posted by dam82 > Nov 2, 2020 8:17 PM | Report Abuse

https://malaysiastock.biz/Company-Announcement.aspx?id=1271265

Chill ...


Mabel
10912 posts

Posted by Mabel > Nov 2, 2020 9:27 PM | Report Abuse

Thank you dam82!

Meow


Mabel
10912 posts

Posted by Mabel > Nov 2, 2020 9:31 PM | Report Abuse

@strattegist still above rm1...
02/11/2020 5:53 PM

Still Good as it gives an opportunity to collect today..

Today only the Blue Chips Plantations and Renewable Energy related counters are green. The rest including Gloves are Toast...

FGV only drop 3 cents, unker's PPB drop 30 sen...

Meow..


Mabel
10912 posts

Posted by Mabel > Nov 3, 2020 7:05 AM | Report Abuse

https://www.malaymail.com/news/malaysia/2020/11/02/fgv-wants-felda-to-stop-media-releases-discuss-land-lease-agreement-matter/1918702

The plantation company said its chairman, Datuk Wira Azhar Abdul Hamid, today wrote to Felda chairman Datuk Seri Idris Jusoh informing him that the notice to terminate the LLA was not forthcoming up to this date.

“(Azhar) suggested (for) Felda to stop any further media releases on this matter and to discuss prior to releasing a joint statement on the agreed terms in accordance with the terms and conditions of the LLA,” it said in a filing with Bursa Malaysia today.

Date Settlement Price RM
30 Oct 20 3011
28 Oct 20 3051
27 Oct 20 3065
26 Oct 20 3066

Meow


Shawalrich87
566 posts

Posted by Shawalrich87 > Nov 3, 2020 8:49 AM | Report Abuse

Fgv official received termination LLA from felda according to independent director. Sure today fly with market sentiment bullish following Dow Jones index rebound ahead the us election.


strattegist
12369 posts

Posted by strattegist > Nov 3, 2020 9:34 AM | Report Abuse

good


strattegist
12369 posts

Posted by strattegist > Nov 3, 2020 9:37 AM | Report Abuse

steady


hng33
17604 posts

Posted by hng33 > Nov 3, 2020 10:34 AM | Report Abuse

bought FGV at 1.04


Mabel
10912 posts

Posted by Mabel > Nov 3, 2020 10:34 AM | Report Abuse

It's looking good. Mabel is happy that Mabel took the opportunity to collect more yesterday...

All the best FGV and FGV Investors

Meow Meow Meow


hng33
17604 posts

Posted by hng33 > Nov 3, 2020 10:37 AM | Report Abuse

add margin line to FGV at 1.04


foreign_fund
212 posts

Posted by foreign_fund > Nov 3, 2020 10:57 AM | Report Abuse

GE what purpose if win cannot be govn? If US tonight President won cannot be President got meaning voting?


foreign_fund
212 posts

Posted by foreign_fund > Nov 3, 2020 10:59 AM | Report Abuse

GE winners only MPs' who got high pay not voters? What for the GE?

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