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17-11-2023, 10:53 AM
FGV is a Bursa Plantation company.
For many years, its business performance as measured by its ROE was way behind that of my reference Bursa Plantation company – KLK. But when you looked at the past 2 years performance, FGV ROE seemed to be as good as that for KLK.
![[Image: FGV.png]](https://i.postimg.cc/Hnfwz1Hz/FGV.png)
The interesting thing is that the market price has yet to reflect the improved performance. Is this a sign of better share prices to come?
For many years, its business performance as measured by its ROE was way behind that of my reference Bursa Plantation company – KLK. But when you looked at the past 2 years performance, FGV ROE seemed to be as good as that for KLK.
The interesting thing is that the market price has yet to reflect the improved performance. Is this a sign of better share prices to come?