FGV (5222) - follow up with correct anticipation

As per article @ 15/07/2017, share price moved as per charting.

Short Term View

  1. The share price increase with a Positive GAP and volume.

  2. MACD and RSI still moderate level.

  3. Thus, FGV might challenge 1.75 next week (More 50%)

  4. From 20/07/2017 to 21/07/2017, KOPERASI PERMODALAN FELDA MALAYSIA BERHAD and LEMBAGA TABUNG HAJI entered market to support FGV which cause high volume of transaction.

Long Term View

  1. There is 3 type of major business in FGV as Plantation, Logistic and Sugar.

  2. As per Palm oil and Sugar price for last 5 years report, there is a slightly bounce in price @ 2017 which will lead higher revenue of FGV in next coming quarter announcement.

  3. 1st quarter of Revenue 2017 hit 25% of Revenue 2016 as per table below. Thus, it have high percentage to achieve higher Revenue as price of Palm Oil and Sugar have better perspective in 2017.


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