FGV Stock Forum

Good morning mooers! Here are things you need to know about today's market:
●Stocks Rise on Nvidia Chip Announcement, FOMC Meeting in Focus
●Mixed outlook for plantations on downstream margin drag
●Weaker total industry volume seen for sector
●Stocks to watch: YTL Power
-moomoo News MY
Wall Street Summary
On Tuesday, stocks closed higher, recovering from a morning pullback as investors reacted to Nvidia's anno...

Good morning mooers! Here are things you need to know about today's market:
●US Stocks Dip as Investors Await Busy Data Week
●Securities Commission and Bursa Malaysia Commit to Three-Month Approval Period for IPOs
●Foreign Investors Stay Net Buyers on Bursa Malaysia for Fifth Consecutive Week
●Stocks to watch: Inari Amertron, PetChem, AMMB
-moomoo News MY
Wall Street Summary
US st...

FGV predicts CPO price to range between RM3,900 and RM4,200 per tonne due to market conditions. The company is enhancing sugar sector offerings and expects improved capacity utilisation in 2024. The board anticipates satisfactory financial performance despite challenges.

Good morning mooers! Here are things you need to know about today's market:
●US Stocks Fall as Yield Rises, Investors Temper Expectations of Rate Cuts
●Bursa Malaysia Sets Ambitious Target of 42 IPOs in 2024
●Stocks to watch: Scientex
-moomoo News MY
Wall Street Summary
US stocks fell as yields rose and investors tempered expectations of interest rate cuts this year. Federal Reserve Chairman Jerome Powell's statement...

The proposal is seen as not in the best interest of FGV, which has been tasked with diversifying its income base. The FELDA board is reportedly not keen on the proposal. An official argues that there is no reason for FGV or FELDA to agree to this proposal.

FGV group chief executive officer Datuk Nazrul Mansor stated that the group is fully committed to the principle of 'no recruitment fee for workers' and has made every effort to align its recruitment procedures with ethical recruitment standards.

Good morning mooers! Here are things you need to know about today's market:
●All three major US stock indexes gained over 2% last week
●Cloud computing a significant opportunity to help local organisations scale
●Stocks to watch: FGV
-moomoo News MY
Wall Street Summary
The Dow Jones Industrial Average made it through a slow trading day last Friday for a third straight record close as the major U.S. equity inde...

FGV's profitability suffered due to weaker CPO price, high production costs, and diminished downstream and fertiliser business margins. Yet, a promising Q4 outlook is expected, thanks to projected CPO price rise and increased demand in India and the palm biodiesel industry.