FGV aborted the deal. Felda ( and not FGV ) is now going for the Eagle high acquisition

he will sell the company (listed status ) to another buyer. Or a reverse turnover ( make another round )

not easy to push FGV. 3 billion shares ( majority of GLIC ) locked in at IPO levels. GE14 is a real possibilities that FGV turned into a political play. but at this point of time no incentives for them ( funds) to push up FGV for others to sell. nearer to GE14 ( maybe 2 months prior to announcement ) then yes . time to push FGV. this is just my own interpretation on FGV

from RM 1.35 drop to < 70 sen . almost 50% lower

if ? the ringgit fall to >5.00 against the USD. the burden will be on the people not the politician(s). everything related to imports will be mark up.

you need a drastic change in the ringgit perception or the Malaysia Governmnet governace. public empathy towards the running of the publc administration is clouding the ringgit true value.

simple illustration. the listed price is 280 rupiah. why pay 560 rupiah for a 30% stake . you dont have mangement control yet you pay big money for a minority stake.

for argument sake. IOI trading at RM4.50 will you pay RM 9 for a 30% non controlling stake. FGV is not a small timer but a big government entity .
this is bad business decision ( no matter how you look at it )

Warren buffee invested in Goldman Sach at the height of financial meltdown. he pay 50% below the market valuation. his preference share(s) is fixed at 9-10% dividend ( first refusal or subsribe at company common shares )

this is good business judgement. this is fact reported in the book " too big to fail " chroncile.

physical cpo traded > $ 3, 280

most of the ACE counters are penny stocks . delisting penny stocks means 2/3 of the listed counters were be off limits. Bursa would be sucidical if ever they implement such a move.

delisting companies from Bursa only applies if your company have no core business or ran foul of your balanced sheet ( based on listing requirements ) or failed to the maintain the minimum public shareholers spread

if the company is profitable ( eventually the price will be rewarded by the market ) this is just my personal view

there is no known cure for ganoderma. only certain so called callwd applications that claim the trees can be strengthen against the ganoderma infection.

only known cure is to debowl andclean the fields. ganoderma infect all trees whether young plantings or old Palm. normally company will fell the old trees.

FGV major shareholders are GLIC, EPF, KWAP and Tabung haji. End year closing reflect badly on their balanced sheet ( if FGV price is at this depressed level ). O& G counters already badly hit. Window dressing is coming in !

crazy is not the word. madness ( other countries are holding ) only Malaysia is whack left and right

always good to average up but coming down is another story, the doomsayer prediction is hitting everybody. petrol up, cooking up, next sugar up, rice up. ringgit continue their downwards 4.47 today. CIMB forecast as low as 4.8 to a dollar. FDI throwing securities. what's bad and worse coming is anybody guess ?

Tek seng is not going bankrupt tomorrow. but at this rate myself is " pok khai "

biggest dissapointment. CPo hit > $ 3,050 { 3 years high}. Fgv down to the bottom at < $1.50. what ssy you PM or umno minister

Donald the wall builder will proceed with his great wall empire. Ego and good for business

Khairy is young & ambitious (eager to get in the limelight ) what better ways " champion of UMNO " against Bersih and walk with his supporters

cost of production against selling price is the barometer ( not blanket comparison ). FGV is big but the cost of production ( ageing trees ) is a drag of their profit. UP is small but the cost of production is low. small co's is not a fair comparison against their biggest peers. this is my personal take on the above

expect ringgit to drop. but never expect the jittery on Monday. ringgit traded as high as high 4.55 to a dollar. CIMB expects possibilities of ringgit down to 4.80 in the forecast. plough into FGV ( CPO touch RM 3,000 per tonne) but FGV drop below RM 1.90

Yup. still holding 20K . my risk level for this counter. Thanks wahahaha

there is no magic formula . it's your own risk APPETTIE. again i repeat my favourite mantra. never over trade or overcommit. sell house or sell car etc

Yup. when everybody jump ship. time to buy but unforunately myself also has no balls or nerve of steel. Wait and see ( hopefully not the hokkien word ) Cheers everybody

I still things investing Big in Indonesia carries risk. too small to absorb any unforseen hiccups.unlike IOI, KLK or Sime (Guthrie) this is my personal view

credit must be given to Izam for doing this. whether TS mark up or down is another story.

no bullets to shoot. if not will buy more TS shares. KLCI drop 70 points ( 1675 to 1610 ) everycounters got a bashing. hopefully with the DJ hitting the sky and our ringgit stablishing. sentiments will improve

sighted their factory ( when i drove past ) everything still look ok. business as usual.Izam! keep us posted. thanks

China yuan may see a repeat of the Japanese Yen where revaluation will spike up the Yuan against USD making it a more pricey for their exports

price drop until myself also cannot see which way to go. try take a cab in Bangkok. driver says no ringgit only accept SGD or USD

ringgit new low against usd. 4.55 to a dollar ( good for CPO exports but bad for people )

ringgit lower against USD at 4.26. CPO price surge > RM 2,900 . Good for FGV and other CPO producers

ring. Trump says he don't play golf. now ah jib needs to plays ping pong

ringgit is going to be hit by usd. Trump says he will make America great. compete with China ( and now Malaysia has sided with China ) and ring timing for ah jib

Write a comment..Trump 244 Vs Clinton 215

the 2 lines closed down are manned by contractual workers ( F/workers ) utilised by their JV partners and not workers employed by TS in Penang

if USD continue the upward momentum (if Fed raise their rates in Dec ) expect more volaility. Clinton may ask Fed to delay any hikes in Dec until the economy is on more solid footings.

Ex[port from emerging countries ( commodities and electronics ) will be beneficial, exports denominated in USD but raw supplies in ringgit. consumer products or CKD packs will be price higher

contra kaki kena contra last round. genuine buyers holding FGV

Clinton odds on favourite. US stocks rally spillover effect to all markets. Feel good momentum. When USD strenghtens and Ringgit weakens. Good for businessmen exporting products ( but bad for people )

BMD CPO price > RM 2,860 per tonne (Jan 2017). undertones bullish . Yesterday + RM 55 ( 7/11) . Today up RM 66 . GE 14 election ( possible in March 2017 ) FGV shares sharp drop from RM 2.50 to RM 1.95. Tabung Haji & KWAP buying & supporting FGV when market turned upon news of a steering committies ( proposal ). what for market to trend back > 2.50

ECRL 100% financed by China. 1-7 years need not paid anything. HSRL ( JV between Singapore and Malasyia ) . Open tenders. ECRL directly under EPU Unit (PM Office )

Yup. 2.40 only around late September. now everyday new low. currency 4.19 unchanged. fundamentals also no drastic changes. but share price !

FGV sandwiched between political power plays. uncofirmed reports and corporate resturucturing hurting FGV. Cooking oil price up. CPO price holding up. Now we have news on Eagle high debt papers. Steering committie rumours. who to believe ? behind the scene who knows what's going on

this is bad for FGV . sharp drop below 1.91 ( CPO holding steady $2,7oo ) the so called steering proposal (despite Zakaria outright denial )

tksw. my apology . no downgrade in earnings. but earnings fell 38 Million to 22 Million ( Quarter on Quarter ) Hit by project completion. sales revenue also down

imagine last week selling at > 3.30 . Today down to 2.84 ( - 46 sen ).
buy back at around 3.00 ( ?) still make a good profit of 30 sen. better than any dividend. no change in any shareholding percentage. just imagine ???

Gadang hit by earnings downgrade plus coming share split. people tend to sell first and buy back later ( after shares stablised )indirectly profit from the contra selling .

Gadang announced share split 1:2, Bonus issue 1 :4 . plus free warrant 1:4. If plays it right .if major shareholder selling ! he knows something ? we are not aware of. Just an assumption

whether FGV going after Edge is another story for another day. likely insider leak ( where Edge got the source ) before splashing it. Not everybody is in total agreement with the steering proposal. Look at deep throat ? the insider story

we have good food, we also have badly cooked food. Last but not the least we have spoilt laksa. well having a steering committie is akin like having rotten food for lunch

steering committe by name. decision make by single VVIP person. others just follow. this is bad for corporate GLIC if things pan out with a steering council over-riding the Board.

Xuen wen. we are all God fearing people. we dont want people to think we are still living on tress. Remember God tell us. do more good deeds, talk good and think good. ( most important do not take advantage of other people but twisting facts ) Cheers have a nice day

xuewn. this is the problem of our southern neighbours ( they feel they are superior than us). if given the right opportunity and exposure. myself believed our Malaysian people can be at par with the best of the best.

Most Singapore Hospitals are staffed by Malaysians . we are forced to work in our neighbour states because of economic necessities .not because our IQ are lower ( afterall their past senior MInisters are all born in Peninsular before the break )