Andy88, what more to come? you seem to have confidence on FGV to rebound above 1.85 for the next 2 weeks.

@Andy88, TP for your c24 still 0.1 within the next 2-3 weeks?

@dam82 why 21st July?

Not management but BOD. Management and BOD are two different organization for different purposes. Unfortunately in Malaysia especially GLC context, they can't differentiate it and BOD meddling in daily management of the organization.

Remember that:
BOD is to govern and set direction for the organization.
Management is to run the daily operation and manage the organization as per the governance and direction set by the BOD.

@Andy88 still dare to collect C23 and C24?

@nasaie24, selling is winning now.

After 5 years, now only Felda requested for 2 BOD seats.

nasaie24, no volume how to go to your TP of 1.50-1.60?

Don't need to see the operation. It would take years to transform the business. Now just need to wait for the below:

1. New Chairman / CEO
2. Sales of AXA Affin stake
3. Strategic Partner

Once these news broke out, then can play until GE14. Next, sell and get the out from FGV.

Pakatan Harapan 2, please note that this isn't a platform to post political news/updtes. Do you have anything to post about FGV instead?

Lato Seli, aim for 1.10. Not 1.50. You will get it 9 months after GE14.

No comment from sifu duit today??? Any updates from the pantry lady?

Ask Duit....seem like duit punya pantry lady source failed again just like last time.

so fast take profit meh? Down 0.05 with just 4730 lots traded. Yesterday 39k lots traded. It's only 10% of ysterday total trading and already down 0.05 sen? Where's the rest of the 34K lots?

Andy88, it s less than 1 month for c23 n c24 to expire. If it can go back to 0.05 already consider lucky. For it to go to 0.1, the mother share has to be 2.10 and above. That would be 0.4 jump from 1.70 now.

C23 and C24 pressed until no hope like that.

1.50 is the set price for today. After 20 mins of trading with another 10mil trade value, still cant clear 1.50

The block at RM1.50 being reinforced. Don't think can clear today. Mostly close at 1.50 today.

U need RM3.73 million to clear that 1.5 road block

duit, 1.75 and 1.76 can consider good news? It's just BAU. Before Zakaria and Isa tussle, FGV was trading at 1.8++ leh.

curious 2, the math now is how much is the value of the assets from Indonesia and what values of FGV shares would the Indonesian companies accept in return of the assets injection. With FGV shares trading around RM1.70 now, it doesn't mean that FGV must pay the Indonesian companies with RM1.70 value shares prices. FGV can offer a RM2.50 value share price instead to get this deal done.

Guys, the highlight here is "Assets Injection". Not selling or buying.

Ring explanation is the best! Thanks Ring.

He is right that Felda isnt selling its stake in FGV. It's assets injection and financed by FGV shares.

Free marketing and branding purpose. Just bring the analysts jalan jalan and maybe provide a nice lunch. Win win for both. Analysts need to have information and materials to write their research papers while MRCB needs marketing and branding and this would boost its image in completing big infra project. Would help in its bid for future projects.

No need to write to IR. They would deny it or said not that they are aware of any corporate exercise. Just see the UMA issued by Bursa. All the companies who got the UMA would reply the standard answer; They are not aware of any news/decision that moved the shares up. End of story.

As for FGV, even worst since it involves political interests.

Pls take note that b4 the RI announcement, MRCB was trading at 1.70++.

seem like no power already.

gcke, don't you think it's weird when Felda insisted to buy EHP for a high premium even though there have been much hooha on this until FGV has to drop its purchase after a year of negotiation? I have been suspecting this was to facilitate the left pocket to right pocket thingy. Now, it's time for EHP to buy back FGV at premium but in fact the actual buyer was Felda/Malaysia. It's just like Felda loan EHP the money to buy FGV instead of Felda acquires FGV directly as that may anger many ppl and open for criticism. But since Felda cant just loan money to EHP, they came out with the acquisition of EHP for 37% with high premium. Now when EHP buy back FGV, indirectly through EHP, Felda would own more of FGV.

Bear in mind that Felda has spent RM2.26 billion for EHP. Should 80% of that amount to be channeled back to FGV, that would amount around 1.8 billion. How much can EHP buy with RM1.8 billion in FGV. If EHP intent for 16%, what is the price to offer then with RM1.8 billion? You do the math and see.

The only quickest catalyst to move FGV up is through disposal of FGV with premium to strategic partner just like how Proton was disposed to DRB Hicom. To wait for FGV to turnaround its operation would take years due to its mismanagement for the last 5 years. Najib only have less than 1 year now to call for election and he got to resolve this soon. Najib would bulldoze this through. The question remains on who would be the buyer(s).

alenac, just like MAS, Felda can get Khazanah or PNB to fork out that RM4 billion or get Government to give since Felda is a government entity.

It seem like merger and assets injection. Wilmar, EHP and FGV merge to become 1 entity. As for the LLA termination, Felda has to retake back the lands management as they wont become the controlling stake in FGV after the whole exercise. Do you think the settlers would agree on that being managed and controlled by Indonesian? In a nut shell,

Positive:
1. FGV assets would be expanded with assets injection from Wilmar and EHP as they don't own existing Felda land but via LLA.
2. FGV no longer need to fork out the RM250 million for the LLA yearly and also the 15% profit sharing with Felda.
3. FGV no longer need to continue with the replanting program as most of the LLA plantation are old plantation.
4. FGV gets an instant cash of RM4 billion from Feld which is good for its cash flow position.
5. Become biggest plantation company in the world?

Negative:
1. FGV no longer run by Malaysian as Indonesian would be the one running the show just like Proton.
2. Quality of the assets that Wilmar and EHP are injecting is questionable? Bare land with no planted oil palm trees?
3. Diluted share holding which would affect the EPS but on the NTA, it could be higher if the assets valuation is high.

Anything else that you guys could add on?

As long as the buyer pay premium, then good news.

Najib was there and met Indonesia president. Could be the final.negotiation for the purchase and getting the green light from Jokowi.

Hold to your FGV for at least 3 months from now on.

The edge published that talk with Indonesiaan tycoons on FGV purchase is on hold at the moment until the management tussle is resolved. They already in advanced stage. Is that mean that in 2 months time, FGV would be acquired by the Indonesiaan tycoons since Zakaria would be removed soon and Isa already resigned? Are they willing to pay 50% premium from 1.70 now? That would be rm2.55. Since FELDA paid 95% premium for EHP, they may pay back 80% premium. U help me I help u concept

Michael, there s no more vision 2020. It's now T50. By that time, most of us already gone from this world.

Wait for Najib to come back from his holiday. He needs to be around to make the announcement for new FGV chairman and strategic partner for FGV.

It's already almost a month since the consolidation when Isa asked Z and the rest to go on leave. Just need either one of the news to be released before turning the tide.

1. New Chairman for FGV
2. Sales of AXA Affin
3. Strategic partner.

Management need to call for EGM in order to get the RI proposal approved. They are calling it this month as per previous update and news

EPF is buying. The more it buys, the more it needs to subscribe to the RI.

Michael, one and only reason...Isa and UMNO. that's why

Michael, MAS has been bleeding for more than 2 years in every quarter before it finally delisted from Bursa and seek bail out from government. If only FGV bleed continuously for the next 2 years, amounting to 1 billion loss per year, then we can say it going to be like MAS.

3 news pending,
1. New Chairman for FGV as Sulaiman is only on acting.
2. Sales of AXA Affin Insurance
3. Strategic Partner

Z might resign himself lah after seeing such a troublesome process and choose to retire.

Still no news on the CEO and CFO internal probe. Najib still on holiday???

Tradewind becomes strategic partner better.

C23 and C24 being hammered as this is the last month before expiry. Could be collection mode as the insiders may knew something that we dont know. Usually the hammered down only happen 2 weeks before expiry.

Jun Yi Lim, C22 is through cash settlement not shares conversion.

One warrants expiring today. Najib is enjoying his luxury at Bali. Next week, should have major decision on the CEO and CFO as the BOD has committed on not prolong the issue.