Hi guys,
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
See
Quarterly rpt on consolidated results for the financial period ended 30 Sep 2020
FGV HOLDINGS BERHAD |
Financial Year End | 31 Dec 2020 |
Quarter | 3 Qtr |
Quarterly report for the financial period ended | 30 Sep 2020 |
The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30 Sep 2020
|
30 Sep 2019
|
30 Sep 2020
|
30 Sep 2019
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
3,989,459
|
3,549,245
|
10,066,906
|
10,104,663
|
2 | Profit/(loss) before tax |
172,272
|
-361,553
|
22,038
|
-396,449
|
3 | Profit/(loss) for the period |
112,533
|
-363,071
|
-49,288
|
-420,298
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
136,893
|
-262,410
|
15,093
|
-317,980
|
5 | Basic earnings/(loss) per share (Subunit) |
3.80
|
-7.20
|
0.40
|
-8.70
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.1300
|
1.1400
|
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
From losing 7.2 sen to making 3.8 sen Up a 152.2%!!
SUPERB!
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
Or Rm4.56
IF FGV GOING TO REACH RM4.56???
YET TO BE SEEN
BEST REGARDS
Calvin Tan Research
Singapore
All information provided here should be treated for informational purposes only. It is solely reflecting author's personal views and the author should not be held liable for any actions taken in reliance on information contained herein
Note:
Msm sugar under FGV has made a profit. Its result negated by impairment
So can we expect Feb 2021 result to be Superb!?