calvintaneng

Call Pauline to verify the truth

https://www.propertyguru.com.my/commercial-property/agricultural-land-for-sale-for-sale-by-pauline-lim-31948135

2020-12-17 22:10

calvintaneng

FGV (5222) UPGRADED TO RM1.39. FIRST SALVO FIRED BY HONG LEONG INVESTMENT BANK AS CPO POWERING UP, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-11-18-story-h1536491619-FGV_5222_UPGRADED_TO_RM1_39_FIRST_SALVO_FIRED_BY_HONG_LEONG_INVESTMENT_.jsp

2020-12-17 22:21

calvintaneng

508 Felda settlers to become millionaires

https://www.thestar.com.my/news/community/2005/06/21/508-felda-settlers-to-become-millionaires

2020-12-17 22:58

calvintaneng

Fantastic closing price for Us soybean March 2021 future in Usa at new high of Usd12

Let's see Cpo will march past Rm4000

2020-12-18 07:48

calvintaneng

For Jtiasa, Wtk and Thplant now Lumber has reached a high of Usd840

Wtk just doubled its logs production

2020-12-18 08:23

Up_again

Problem with land banking is high utilization of debts till yearly profits is mostly used to pay yearly finance cost

2020-12-18 18:47

calvintaneng

Not really

Land banking has been successfully used by Bplant

Bplant sold off valuable lands in West Malaysia
paid very good dividends and also bought cheaper lands in East Malaysia to continue it's palm oil business

Another good example if Naim
Naim sold lands to unlock cash needed for development plus extra 18 sen Cash dividend

So Fgv can anytime sell of lands (those lands not under land lease from Felda) and unlock lots of cash to pare down debts and pay dividend as well

2020-12-18 21:48

TheContrarian

Calvin, FGV is going to be privatised.

2020-12-18 23:32

calvintaneng

TheContrarian Calvin, FGV is going to be privatised.
18/12/2020 11:32 PM

Yes, I think 90% confirmed at Rm1.30 on these conditions

1) No opposition from Board of Directors of FGV

2) No counter offer from Syed Moktar

3) SC keeping quiet about Asset Revaluation

4) All all go thru then 10% hope is this

Minority shareholders can hope for a final higher privatization price of Rm1.40 or Rm1.50 eventually

In any case buying now is a no brainer as at such discounted price like Rm1.17 there is a built in certainty of not losing.

On gaining by how much?

A) 13 sen Profit if privatised at Rm1.30 from Rm1.17 which is a 10% profit

In the depth of Subprime Crisis Warren Buffet locked in Goldman Sachs offer of guaranteed 10% payout when he bought into Goldman. FGV at Rm1.17 has a guaranteed 10% yield

B) Final offer could be higher.
Examples are Kbunai, TheStore & Tmakmur - All got final privatised prices revised higher

C) Or it might remain listed like Tasek MO at Rm3.80 later went as high as Rm16.00

So can we say buying FGV at Rm1.17 can only win and cannot lose

Is this what Warren Buffet Rule saying

Rule No. 1

Never to lose money

Rule No. 2

Rule No. 2 is to remember rule number 1, that is, never to lose money

SO ONLY FGV GOT SUCH A GOOD SAFETY RIGHT NOW

2020-12-19 00:36

lcw6100

10% investment margin s
hould be good.don't wait

2020-12-19 09:35

calvintaneng

yes
10% was the base Warren Buffet bench marked

2020-12-20 00:17