Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You have been appointed as the New CFO of Felda Global Venture (FGV) the biggest oil palm plantation in the world. The company have just
You have been appointed as the New CFO of Felda Global Venture (FGV) the biggest oil palm plantation in the world. The company have just been turned-around and is showing a favourable performance in 2020. The performance in 2021 is expected to be better as crude oil palm price has double up during the last 6 months. When the company was listed about 5 years ago, the IPO proce was RM2.50. The current share price is about RM1.40. You may find the sets of annual report and the quarterly statement of the company on www.bursamalaysia.com The board have requested you to plan for the re-instatement of the market capitalisation of the company to at least equal to the 2017 position ( when the company got listed) Required: 1. Outline the strategies to accomplish the task. 2. Make a projection of Financial performance of the company for the next 5 years 3. Estimate when it will reach the target performance 4. Will the company be able to generate sound return to the original investors that have participated in the IPO in 2017? 5. What is your recommendation to potential investor on the potential investments in FGV shares ? You have been appointed as the New CFO of Felda Global Venture (FGV) the biggest oil palm plantation in the world. The company have just been turned-around and is showing a favourable performance in 2020. The performance in 2021 is expected to be better as crude oil palm price has double up during the last 6 months. When the company was listed about 5 years ago, the IPO proce was RM2.50. The current share price is about RM1.40. You may find the sets of annual report and the quarterly statement of the company on www.bursamalaysia.com The board have requested you to plan for the re-instatement of the market capitalisation of the company to at least equal to the 2017 position ( when the company got listed) Required: 1. Outline the strategies to accomplish the task. 2. Make a projection of Financial performance of the company for the next 5 years 3. Estimate when it will reach the target performance 4. Will the company be able to generate sound return to the original investors that have participated in the IPO in 2017? 5. What is your recommendation to potential investor on the potential investments in FGV shares
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started