FGV looks like Supermax & Kossan turnaround in early months of April to June 2020 before finally Seeing More Powerful Profits in later quarters
Now FGV has registered a Very Strong Turnaround
Quarterly rpt on consolidated results for the financial period ended 30 Sep 2020
|FGV HOLDINGS BERHAD|
|Financial Year End||31 Dec 2020|
|Quarterly report for the financial period ended||30 Sep 2020|
|The figures||have not been audited|
From losing 7.2 sen to making 3.8 sen Up a 152.2%!!
At 3.8 sen is annualized it then
3.8 x4 = 15.2 sen
If we assign Glove P/E 30 to Palm oil
Then 15.2 x 30 = 456 sen
IF FGV GOING TO REACH RM4.56???
YET TO BE SEEN
Calvin Tan Research