no ump

Gains in the ringgit, the currency of trade for palm, usually make the edible oil more expensive for foreign buyers.
consequence will be lower price.
so for fgv and exporters to gain a weaker ringgit is a blessing

with ringgit strengthening very difficult to have forex gain
if u hold usd asset u will take a loss everything else remaining equal

dev 262 how to trust you
no track record only ur first posting

MSCI MALAYSIA INDEX
Additions

ECO WORLD INTERNATIONA
HENGYUAN REFINING
PETRON MALAYSIA
george kent

pls check
just added to msci index as from 30 NOV

minority shareholders should sue bursa and sc together with all involved in listing exercise ie IB Solicitors and Auditors for gross negligence

the producer anak director ajib

i m sure his counsel would have done well in drafting the response

clearing out last weeks run up to 1.24

if eps 52c then can fly to RM 8

watch next 2 days
wil be volatile but upward bias

i think dont evaluate according to current fundamentals
evaluate if its going to be cleaned up or
acquisition target
problem is less than 25% free float

breach of fiduciary duty ie whistle blowing

not extending credit is abusiness judgement dont think can terminate for that

it will break 1.24
last week could have broken but raya no buying momentum

zak cannot reply without counsels approval
counsel on holiday
siapa counsel
ajib punya counsel
fgv tak nak beri lanjutan masa
tak boleh mahkamah pun bagi lanjutan masa

wait lah till wednesday
today minimal action

wanda not glc
crec is gc
sure big bro got banking regulators to require banks that have exposurre to companies investing overseas to check on their exposure
so wandas ability to borrow in china now limited

very low volume overall

zakaria will be found not guilty
if anything mds job is to exercise business judgement in marketing and extending credit
cant blame for export issues since client of fgv a long time

umno is going to wash its dirty linen in public

let mca and mic provide detergent and water for cleansing

i think today is the bottom

any info if isa met macc
and if meeting over

anak felda lwn umno

if zakaria is terminated next pkr candidate for jempol
they can fight it out
i dont think ajib wants hard landing

control can be not only by shareholding
control of bod is sufficent even if u have 20+% of the shares

ad cool not strategic partner soon controlling shareholder
former ceo already in sms payroll
pity zakaria if they dont buyout his contract

hello sm guy appointed with sm intent to buy fgv
remember mas
because of the two crashes his
plan failed
his guy was the md or ceo i believe

gov must release 1.1b
then can buy controlling interest in fgv with even 25% of share

ai yah only 2 outcome
no tussle
pay z contract out or retain him
i think fear now is if ipic notes suspended from trading by LSE
will impact Malaysia
thats why market quiet

sleeping tiger

fgv should firstly sell all its investment in unrelated investment outside malaysia especially
property investment ringgits depreciated state may also make it desirable since gains will be much more
secondly sell msm to sm so he gets monopoly in sugar and acquire his palm oil assets
thirdly cut the excess fat in the organisation
finally focus on the core business to return to profitability

chaostrader is right
now watching wayang kulit
ajibs counsel retained by zakaria foregone conclusion of outcome
isa will now say not voluntary resignation

how to fly only darat

no asset injection bangla injection to electrol roll

isa will use corporate strategy for winning negri sembilan for umno

ajib remove entire senior mgt and directors
start afresh

he agree to resign but safe face also
else govt look stupid to have appointed incompetent chairman for global corporation

next election mentri besar pula

has isa resigned without a whisper

hi ya global company must honour employment contract what is usd 500k chicken feed lah

how to mintta sedekah dari DOJ to return malaysian money
when agc say no crime committed in malaysia

let chinese authorities investigate and execute wrong doers including
malaysian directors and auditors

doj news no impact on fgv
only impact on those in the bod and management with ill gotten gains
assets will be confisicated

no war
only felda wants to makan more than fgv shareholders

agc cakap tak tahu
us ag cakap
US targets $540m in assets bought with 1MDB funds

Latest move to recover money allegedly stolen from Malaysian sovereign wealth fund

can lecture
hikayat bernie madoff get rich scheme
not parameswara

fgv has no land but can renegotiae lease terms

pendek will come to know
he cant run
he cant hide
pm is cleaning up fgv

all this talk about felda failing
proton failed because try to run even before can walk and had no competitive advantage
MAS failed because of TR
felda cant fail as we have competitive advantage and skill set
only need to get rid of entire bod
ensure new bod made up of people independent of FELDA and politics
like idris jala and wahid together with some multi racial and foreign directors
FGV directors should act in the best interest of the Company
and not FELDA or in the best interest of their appointors
if they act in the best interest of FGV all shareholders will reap big profits