It was the classic "shepherd leading the sheep to be slaughtered".

Opcom sees further progress in 5G market expansion after highest profit in four years.
https://www.theedgemarkets.com/article/opcom-sees-further-progress-5g-market-expansion-after-highest-profit-four-years.

The only thing stopping FELDA from taking over in a GO is because the state institutions who are holding a decent % are not willing to let it go at the price FELDA is offering. With the WAP @ the moment at 1.50, my guess is for it to be successful it has to be at least 2.50-2.80. Anyway it is not going to happen in the near future. After GE15 maybe.

Nasdaq has biggest one-day jump since 2020 after Fed rate hike.
https://www.theedgemarkets.com/article/nasdaq-has-biggest-oneday-jump-...

GWGF claims Felda replanting deal is biased.
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2022/07/27/gwgf-dakwa-perjanjian-tanam-semula-felda-berat-sebelah/.

Too close to 3rd Aug for a GO. It is not going to happen. It sure doesn't look like FELDA has been reducing their % holding of FGV. Now it is a matter of who call the shots. Bursa or Felda? Another 6 months extension?

FELDA settlers to bear RM18,000 in debt for replanting of oil palm.
https://www.theedgemarkets.com/article/felda-settlers-bear-rm18000-debt-replanting-oil-palm.

There goes the BN-UMNO votes.

Further case management of ex-FELDA chairman Isa Samad's RM3m graft appeal on Sept 8.
https://www.theedgemarkets.com/article/further-case-management-exfelda-chairman-isa-samads-rm3m-graft-appeal-sept-8.

We need to show a bit of guts in putting at least one of these leeches in jail, no more wayang

Observation. Looks like some sort of a stealth collecting. Unusual volume activity going on. Maybe some insider is quietly collecting. Is it the Litigation or Cloud deal?

Trial of former Felda chairman Shahrir Samad’s money laundering case to begin tomorrow.
https://klse.i3investor.com/web/blog/detail/savemalaysia/2022-07-25-story-h1626943104-Trial_of_former_Felda_chairman_Shahrir_Samad_s_money_laundering_case_to

Poor settlers. They should realised by now that this whole set up is for the Bumis who has got connections to keep draining the pot of GOLD. The low $2500 per month increase for the lowest non executive Directors would have help the settlers if spread out for their benefit instead of a few priviledge Bumis. Pity most of these uneducated settlers who keep believing the LIE.

As cost of living goes up, Felda settlers say welfare spiralling down.
https://www.malaysianow.com/news/2022/07/25/as-cost-of-living-goes-up-felda-settlers-say-welfare-spiralling-down

Johor Sultan visits RTS construction site in Woodlands.
https://www.malaymail.com/news/malaysia/2022/07/22/johor-sultan-visits-rts-construction-site-in-woodlands/18825.

0.38-0.40 ? You got to be kidding! Not going to happen until after 4th Aug and only if there is favourable decision in that litigation.

Datasonic set for uptrend reversal, says RHB Retail Research.
https://www.theedgemarkets.com/article/datasonic-set-uptrend-reversal-says-rhb-retail-research.

lionel messi
Excellent analysis. I totally agree with your insight.

1.61 target price? Are they kidding with this counter? More like a con to chase the price for FELDA to make some short term profit by selling to the unaware buyers. Been watching this counter for a long time. Nothing promising here until we get some action from Bursa, maybe before 3rd Aug.

10% buy back will only mean that the share price is going to stabilise. There will be some sort of consolidation of the share price once they figure what price range they will be committing the buy back. I presume it will be after ex dividends.

MIDF starts coverage on Datasonic, target price 57 sen.
https://www.theedgemarkets.com/article/midf-starts-coverage-datasonic-target-price-57-sen.

Awantec’s pivot to cloud starting to bear fruit.
https://www.theedgemarkets.com/article/awantecs-pivot-cloud-starting-bear-fruit.

Time for the management to start thinking of how to quickly expediate these legal proceedings before the next meeting on 20 July. Maybe cry poor and a prospect of delisting with the overhang of PN17. All the guilty party who cause the pin to be pulled on this SKIN project have since not in control, TM, MOO, Guan Eng, PKR. Should be easy to get a solution, no obstruction. Come to think of it the original SKIN project would have been up and running by now, instead of Malaysia still running with an outdated immigration system and probably need to spend millions of $$$ for an update soon.

Mah Sing to launch M Nova in 4Q22.
https://www.theedgemarkets.com/article/mah-sing-launch-m-nova-4q22.

Same, same usual high profile launch with big names and lion dance, but everybody think this is shit. Can't perform, need new Directors

Looks like CBB is still the biggest shareholder on latest list in July 2022.

CPO prices fall off the cliff while headwinds in plantation sector grow stronger.
https://www.theedgemarkets.com/article/cpo-prices-fall-cliff-while-headwinds-plantation-sector-grow-stronger

Two more Sapura Energy units served with winding-up petitions.
https://www.theedgemarkets.com/article/two-more-sapura-energy-units-served-windingup-petitions

FGV active, sees surge in trading volume.
https://www.theedgemarkets.com/article/fgv-active-sees-surge-trading-volume

Almost RM65m allocated to help Felda settlers, new generation, says PM.
https://www.theedgemarkets.com/article/almost-rm65m-allocated-help-felda-settlers-new-generation-says-pm

The BIG question is whether BURSA is capable of implementing it's own regulations on a GLC like FELDA, or is FELDA going to just ignore them like Karim in Serbadk. By the time they decide to do something most investors would have been cheated out by FELDA, at least in the foregone opportunity cost of holding on.

It is not going to move until we start seeing some earthmoving equipment in action.

Haji Abu Hanifah combined interest is only slightly over 6%. He is probably looking at getting into over 15% now that the previous highest shareholder CBB has dropped out of the equation.

Don't think it is an end game. A takeover GO will not happen if it is not anywhere close to 2.50. Investors will not be accepting the GO. FELDA is not prepared to pay 2.50. The GOM cannot afford to assist FELDA in the takeover because they also got no money due to subsidies funding. The only reason the price is down here is because FELDA wants it to be lower.

He is the Managing Director! Lets see.

Don't be fooled. They are not supposed to mop up more shares but dump. All this has to be done by 3rd Aug. If GO coming pretty sure they will be dumping to get the WAP down which they can do easily considering the amount of shares they got. Don't play their game, plenty of time to wait for some confirmation.

Looks like Haji Abu Hanifah is comfortable picking up more shares at the current price level of 0.45-0.47. Obviously in his opinion, the price should be alot higher than the current level. Maybe, it might settle at slightly higher than the 52 weeks high of 0.60 (0.65?) Indications are it will not be below 0.50 for too long.

Felda resumes FGV share buy after four-month pause.
https://www.theedgemarkets.com/article/felda-resumes-fgv-share-buy-after-fourmonth-pause.

Any more slippery slide like this week , the BOD might end with no jobs after finding it impossible to hold off PN17.

The GOM has got no money. Zafrul will need to provide some sort of a contingency funding in the event of an unfavourable outcome in his next buget before we can assume this is going to be resolved in the very near future. More likely we will have a new PM, Finance Minister, Attorney General as well as a new Chief Justice before we get any closer. That is how slow Malaysia gets things done. Still nobody in jail for all the corruptions after GE14

Put your money where your mouth is, don't need the blog. Everyone already knows.

All these facts of good results in CPO prices for the last 2 years has not shown any coorelation to their price. It might show some improvement in other palm oil company but not FGV.

Look at the individual sales qty going though (100?) and you know they are playing with us.

Don't go chasing it. That is exactly what they want us to do "PLAYING US". Could be another 2 years + possibility another 2 years of extension.. If Bursa is not going to issue an ultimatum, there is nothing stopping FELDA from sitting on that excess and keep on manipulating the price and collecting the dividends. They have got that much volume to play with.

Felda still picking up shares.

Can someone explain how do you buy or sell 1 share @ current price of 0.055, and what is the cost of that transaction. What is the point of the whole exercise? Thought there is a minimium lot size. How did they get pass Bursa to enable them to post such information?

Getting cheaper and still nobody wants it even though it is "undervalued".

It's getting cheaper if he wants more.

Forget it. Dreaming! None of that is going to get hit. This is a thieving counter.

I am sure that a shrewd businessman like Lim is very aware of the ins and outs of the construction industry and I do not think he entered into this hugh contract without doing his homework. Having done so much construction he would be aware of cost variations. Am very sure they did not sign a contract without allowance for variations. That is just a normal business practice. As for the the rest of the feasibility studies, pretty sure they have their own people have a look into it before anything is sign. No way LIm is going to get himself burnt on this big project. DYOA.

It has a short time frame. Only a 4 years project.

1.98B out of a total project cost of 3.7B. That is 52% take of the project cost.

"The government has received notification from Adil Permata Sdn Bhd in regard to its “white knight” to take over the company and its RM3.7 billion Rapid Transit System Link (RTS Link) project connecting Bukit Chagar in Johor Bahru to Woodlands in Singapore, according to Transport Minister Datuk Seri Dr Wee Ka Siong."

Holland coming.