His counsel is Najib personal counsel as well.So, who s the film director and producer here?

Ding Dong, it's 12:05 PM now. Hopefully Z's letter has reached FGV HQ.

Mostly Z won't reply by tomorrow. He won't have the time since busy celebrating Raya

Don't forget one warrant expiring this end month.

Deadline for reply is tomorrow. Azhar effective date leaving Malakof is 30 June. Perhaps, starting new job at FGV next week?

Forget bout Isa and Pakatan. Not relevant for this forum.

Seem like the BOD isn't willing to take drastic action against Zakaria now since Isa has resigned. More towards softer stance against Zakaria. Think they would reach a win win situation, either Zakaria resign himself or reinstate his position. I think the former is most probable to happen

So did Zakaria revert the showcause letter by noon?

If still no reply by noon today, BOD has the rights to terminate Zakaria on disciplinary ground.

My story board would be as follow:

Alternatively, Zakaria may just resign himself after some "background" dispute settlement with FGV. Next, FGV board would announce new CEO, Azhar. CFO back to office as no further disciplinary actions required after Safitex wired in USD6 million in the spirit of Raya to par down its debt to Delima Oil.

Everyone is happy and FGV back to RM2 before announcement by Tradewind for acquisition at RM4. Felda sell its stakes to Tradewind and renegotiate the LLA terms, win-win for everyone. Next, Najib calls for GE cause FGV is trading around RM4. After GE, FGV falls back to RM2 and continue with the plundering by BN. Next, the cycle continue again for GE15 :P

That BNM thingy is to silence Dr M.

It won't rebound lah until raya is finish next week. Either it stabilize at 1.70-1.75 or it goes further down at 1.60-1.65. All depends on what happens tomorrow. There should be no news for the next 1 week as everyone gonna break for Raya. MACC, Isa, Zakaria, Najib, Idris Jala, Sulaiman, Azhar, etc all also balik kampung already.

Sozai, who was the PM when Drb Hicom bought Proton? It was Najib. Nothing to do with Mahathir. Najib is using the same method to boost FGV. It would be sold to China eventually after Tradewind has taken over.

Azhar brings along Tradewind investment and assets injection. Tradewind has both plantation and sugar businesses. Let's see if tomorrow break 1.70. If yes, then q at 1.65 lah. Next, wait for great news from Azhar appointment and Tradewind acquisition of FGV. Last time proton also the same...bleed like mad and then ask DRB Hicom to buy. Next, proton shares up so much and next delist. After few years, now DRB Hicom sells it to China. FGV going to follow the similar path.

buyabest: what s the reason to do it? To show that there is no downtrend in warrants?

1.31 is the support price. Just monitor and see.

Pls maintain the price at this range for tomorrow as well....Then i can buy cheap

buyabest same with Maybank trading. Even C23 also got the same problem

You want Isa out of course Zakaria also need to be out. fair and square. It's for the majority good. Imagine if some of the management are aligned to Isa and some aligned to Zakaria. How to work if Zakaria is back to office and helm as CEO. Those align to Isa would be sidelined or discriminated against. Now with new CEO and new Chairman, all the groups can be disbanded and start afresh.

I wonder how much is tradewind gonna pay to buy the controlling stake from FELDA?

Tradewind is going to be FGV strategic partner if Azhar is joining FGV

It s just profit taking for Raya. Gonna stabilize for the remaining 3 trading days. Cause everyone is busy packing to balik kampung.

char1234, which call warrants? C22?

I hope i can buy cheap sales on Thursday and hopefully there are still ppl willing to sell to me on Thursday.

Let it sell for another day and collect on Thursday. Woo hoo!

i'll wait until Thursday before i sapu more...Sell and take profit all you want these two days...

today ppl will sell in order to have Raya money by Friday. So no worry lah. Just collect if you think it's worth it. I have been hoping Azhar to join FGV so we can fuel the speculation of Tradewind acquisition of FGV. Syed Mokhhtar already gained from the sales of Proton. Now he has the cash to buy FGV.

Raya time, selling shares for Raya. today is Tuesday, gets the money on Friday. Tomorrow no more sell down cause you cant have the money by Raya.

cakap saja senang. Fat cow like FGV not easy to cut here and there. So many ppl interests at stake.

don't forget acquisition or assets injection by strategic partner...

the thing is Isa left. What is he going to do with SPAD, that is none of FGV business. As for Zakaria, if he got disciplined, it s not from Isa but Sulaiman.

Isa has been the chairman since IPO and you see what happened to the share price? and he allowed the previous management to go for a shopping spree and spent all the cash on non core business acquisition. Yet he still want to cont that spending with Zakaria on board.

It's official lah. Already announced that Isa resigned and Dr Sulaiman is the new chairman. Isa should have spoken with Najib and got something else to do. Else he wont be keeping quiet and resign by himself. Now it's whether Zakaria going to get back his job.

This round FGV consider good, it has bounced back from 1.51 and closed at 1.62 on 6th June. Next it went up to 1.66 and remained for 3 trading days. Next it had a significant jump to 1.75 and closed at 1.73. If follow usual trend, FGV should dropped back to 1.66 the next day but it didnt! Instead, it remain there and moved to 1.83 and closed at 1.80. Today, it dropped to 1.75 and closed at 1.76. FGV has broken its usual pattern of 1 day show after all these months! Now we just wait for Idris Jala report and also Shahrir recommendation as well as what Najib gonna decide with FGV. D Day is 20th June as Zakaria needs to revert on the show cause letter by then.

Big show gonna happen next week. Stay tune with your popcorn and snack and buckle yourself up in the seat if you are joining the FGV roller coaster ride.

this evening Najib will buka puasa at Kerinchi KL. There is a mosque at Bangsar South there. Maybe, he will announce lah on the FGV report and next step.

DOJ US can go and seize the assets but at the end of day, are we getting back the money or all would belong to US?

FGV already up for 4 days. Hence, it s normal for ppl to take profit on a Friday. 3-4 sen drop is normal. Think it would most probably close unchanged for today.

The CEO mentioned that they would call for an EGM in July to seek the shareholders approval on the RI. It would proceed as planned according to the CEO.

on what basis that MRCB would goreng soon?

Need to go back above rm2 before all these happens. That should be the base for FGV for now.

what time is the meeting???

FGV still cant break the one day show trend...hopefully it maintain at 1.70++ until clearer direction from Shahrir meeting with Najib. Isa is trying so hard to get rid of Zakaria now by issuing a show cause letter. Within 7 days, Isa plans to fire Zakaria and the rest of the management. So now, the deadline is within 7 days starting from yesterday. 20th June is the D day.

Isa now is in hot soup. He has stirred the hornet nest. Now it comes back to haunt him. He thought he was invincible but turned out the opposite. Guess his head gonna roll soon in this tussle. Hope some of his macai in FGV also roll with him.

call warrant yet to move as sentiment still negative and ppl gotten burnt earlier. So now licking wounds and afraid to go in. Imagine if FGV cont to climb for another 3 days, next, those ppl would come and chase higher. The game starts all over again.

The more opposition attacks FGV, the more Najib is desperate to prove them wrong. He always does and then would crack joke on opposition saying he proves them wrong and next get the loud applause from his BN crowd. Next, he would feel so damn good because of that. But behind the door, he may have spent billions of tax money to push up the price

just get rid of Isa and everything would be perfect. Isa is already out of time and expired. Time for him to retire and sit back at home and shake legs instead of making ridiculous decision as board chairman. Just because of a RM40 million late payment, he caused a big hooha and caused FGV counter to lose RM1 billion capitalization within 3 days. RM40 million versus RM1 billion. If this is US, he already been voted out by the shareholders straight away.

MACC also seized few loads of.documents from 1MDB. Any actions taken??? Nothing, ilek, mei you, tak ada. It s just sandiwara for a show. Now it s either zakaria leaves, Isa leaves or both also leave. If only zakaria leaves then pls welcome 1.40. If.Isa leaves then welcome rm2.5...hehhee. If both also leave, then maybe rm2 lah

Anyway to be honest, in order to manage my risk, I have reduced 50% of my warrant holding by cutting loss as if all these turned out even worst, then my warrants woukd become zero value. For the remaining 50%, I would stay put until raya time.

No need be careful already. The most it could drop to 1.40. Next it woupdclimb back slowly to rm2 after everything calm down. It always does. Now already 1.62, you only risk losing 0.22 but have the potential to gain 0.38. So your call. If you doesn't want to risk 0.22 then don't touch FGV cause no one knows how it gonna unfold except for the plot/script writers. If you really wanna be sure then wait for the next move by idris Jala in maybe 2-3 weeks time. For sure they gonna wanna resolve b4 raya. Have to bermaaf-maafan during the Holy month. So if it turns put positive and FGV move back to rm1.8, you still have the potential to gain 0.2 with much lower risk

All 1.42 sell q habis disapu.

hmmm....cancelling of RI or reducing the RI amount or gotten the Bandar Malaysia project????