If I am not mistaken AIA is also a nominee for all those margin traders. The big sell by AIA is just a result of force sell for all the traders who are force to sell because of margin call.

khpwwl - CBB transferred shares in his own personal name to an Institution that he use for margin trading. As the share price drop there is a margin call. He either cut loss & sell or top up with more cash or shares to the institution to be held under his name to cover the margin call. At the end of the day it is still his, indirectly through a nominee.

Margin call force sell on Singapore Institution, top up share transfers on Malaysian Institution for margin calls.

0.01 div in a 0.43c shares is a pretty good div for holding until 8/11 which is the X date. So if you want the div you will have to stay on, no running.

somersby - The transferred shares are still his but under a Nominee. The only ones sold are the ones in Singapore.

Like I said earlier the moment hng33 gets in it's bad news!

Transfer not sold - My reading is he is up for margin call, so has to transfer shares in his own name to Nominee coy who is providing the margin facility.

Is this a margin call on Ekohati? Anyone out there familiar with these sort of transfers, please explain.

sniper123. No point asking hng33. On record anything hng33 gets into it is bad news.

It's bad news once hng33 gets on. Any counter he/she gets on the price drops.

Brahmal disposed 1,000,000 shares on 29/8. There is no record of Mr Brahmal buying since.

I was not aware of that Utusan article. If sounds like what our Human Resource Minister is looking at is close to what the CEO of Datasonic is offering from a Malaysian company. Foregone conclusion, I will say Iris is nowhere near that.

Have to admit TA is good & Jebarb's assessment is reasonable. Hopefully it turns out right.

In the meantime it is best to take it as a short term trading stock until something solid comes out from the government. Maybe park some money on Prestariang who have the capability to engage in this evolving technology.

Sounds like both Iris & Datasonic are going to loose out to the high tech Indians in the long run. That's technology! It is always evolving & both Malaysian companies have to keep up with technology or become obsolete like the computer age.
https://www.malaymail.com/s/1682938/minister-malaysia-eager-to-swap-mykad-with-indias-aadhar-biometric-id-syste

https://www.thestar.com.my/business/business-news/2018/08/29/destini-scores-trs-job-in-myanmar/

FGV earnings set to turn around from FY18 onwards, says RHB
Read more at https://www.thestar.com.my/business/business-news/2018/01/29/fgv-earnings-set-to-turn-around-from-fy18-onwards-says-rhb/#50fwRzrtLsrAZcEI.99

This is definitely an election counter. It's just a matter of when BN (Govt) decides to push the button to get the price up.

(UPDATED) Drag suspects in FIC hotel purchase scandal to court, DPM tells MACC
https://www.nst.com.my/news/nation/2017/08/264750/updated-drag-suspects-fic-hotel-purchase-scandal-court-dpm-tells-macc

dinaffin.
According to NST, PNB & EPF are paying RM$8.8billon. Not sure how far they are to their target.
https://www.nst.com.my/business/2018/01/326503/pnb-epf-buy-battersea-power-station-16b-pounds. I think we can expect more bad selling by EPF.

Question? Is EPF bailing out the trouble Battlesea project ? The UK press is calling it another Malaysian bail out for an out of control cost blow out! The local newspapers Star & NST are not mentioning anything about a blow out of cost. The headline seems to be more about the success of the Battlesea project and EPF & PNB also getting involved in this successful Malaysian story. So what is it? Is it another 1MDB in disguise?

Malaysian funds buy Battersea Power Station for £1.6bn in biggest ever UK property deal. PNB And EPF To Bail Out Spiralling Costs Of London's Battersea Power Station!
http://www.telegraph.co.uk/business/2018/01/18/malaysian-fund-buys-major-stake-battersea-power-station-uks/
Is this why EPF keeps selling.?

https://www.nst.com.my/business/2017/12/311078/prestariang-dell-collaborate-skin-project

More news on progress with SKIN. "Prestariang appoints INCS to deliver SKIN"
https://www.thestar.com.my/business/business-news/2017/12/05/prestariang/

IMHO I believe the financing is not a problem. The announcement will come in due course. It should at least retrace by 30% from the low of today maybe far short of it's high of $3.24. Today's low is already below the the low of Dec 2014. Next low could be $0.77 of Aug 2013, which I do not believe will happen. Please do your own research.

Good strategy of shaking the tree to drop off those loose monkeys. A big drop of 10% after a long unimpressive price movement will certainly panic some of those hangers. Best time to get on.

GoodCompanies. Good comment and a reasonable assessment. Thank you.

GoodCompanies
I am not sure where you got your figures from. Back on the 31st Oct I posted the following:

Production of:
Fresh fruit branch : July 436,252MT, Aug 404,948MT, Sept 385,170MT
Rubber : July 440,656KG, Aug 366,059KG, Sept 247,723KG
CPO produced : July 289,208MT, Aug 283,261MT, Sept 272,227MT
Palm kernel produced : July 71,980MT, Aug 70,940MT, Sept 69,208MT
Not good. drop every month for the last 3 months in every category. That is a direct result of not having even a CEO. Hopefully somebody inside is looking into addressing these results for the next month.

Chaostrader. Sorry for the difference in opinion. If you want to start a new venture you start of with a business plan. well basic cost benefit analysis to see if you can make a profit & then present it to your banker for a loan to partly finance it. You will not get anywhere with your banker without a proper feasible business plan. Am are right? Nothing happens in the real world without proper cost benefit analysis. I didn't think he came fro the "UMNO University". I will leave it at that, I have said enoughon this & the market seems to be reacting the same way. It looks like it is going to be a long ride. At least it is FELDA & hopefully not much damage on FGV.

This guy is an Economics graduate (Statistics) from University of Malaya with a Master of Business Admin from Switzerland. What does that tell you. Basic economics is all about proper cost and benefit analysis, more so in statistical analysis. Is this a KOPI-O degree? You tell me.

Sorry, can't get away from this stupid idea of back to nature. Sounds like a little kid making a comment to his father that this is a good idea. OK, so (father)Tan Sri Samad is going to run with it with an allocation of RM10Millon. It didn't come out of his own pocket! He is willing to throw RM10M of shareholders money to find out. That is typical political appointment. If this is your company would you go down this track just on a hunch without proper research? I can guarantee this will end up being another money draining, unproductive exercise. He is not worried because It's not his money why worry!! It's only when you have huge vested interest that it matters. If that is the case you won't find him making silly decisions like that. His shareholding is probably give free as part of the job. NO BRAINS
Sorry, excuse my very vocal and critical view. Please do your own analysis.

GoodCompanies. I get your point, thank you. My argument is do what you are suppose to be good at right first before getting your fingers into other pies. Diversification is a big operation, eg people power, knowledge, money as well as know-how. If we are making money the logical step is to reinvest any left over from dividends back into replanting instead of jumping into a new new venture with no proper cost/benefit analysis of such a venture which could in fact be a further drain of our limited cash reserves. How much do they think these tourist venture can generate in cash? If we have huge land available then they should be replanted so as to enable us to generate a continuous flow of income into the future as the yield of the older trees decreases. My basic argument is get what you are good at first right before venturing into other business which you know nothing about and untested in the market place. That is the problem with political appointments.

"SAME SAME BUT DIFFERENT" Felda London property exercise & this new Felda Smart city project is basically the same. It is sidetracking & finding new ways to siphon money for the insiders without looking too obvious. All they need to do is monitor the estate workers properly, ensuring they don't go to sleep like MAS and no loss of fertilizers. GOOD OLD PROPER MANAGEMENT! Looks simple enough to implement.

‘Smart city’ for Felda settlement
https://www.thestar.com.my/news/nation/2017/11/15/smart-city-for-felda-settlement-programme-to-help-community-generate-income-via-internetbased-busine/
Getting off the main purpose of the business again. They really only need to get back to basics & concentrate on the main part of the business. Getting off track just to satisfy Ajibkor GE14 strategy!!

Someone is making sure the loan stock conversion price of 1.18 is not breached. The big order appears when the price is threaten. Just doesn't understand whoever it is having a road block at 1.21 on a potential 3% profit. Maybe a fake selling order..

Some big player out there with a huge blocker everytime it gets close to 1.21, as well blocking it from going down below 1.17. This can only happen if they have huge volume. The order gets placed whenever it gets close. It's not there now. Was there yesterday as a buyer before cancelling it, & there before lunch as a seller today but has since pulled the order. Not sure what is going on.

Malaysian palm oil price climbs, tracking strong soyoil
Read more at http://www.thestar.com.my/business/business-news/2017/11/02/palm-climbs-tracking-strong-soyoil/#Xk7kO7bkDoFR2MMv.99

'New posts to strengthen FGV ops'
https://www.nst.com.my/business/2017/10/297266/new-posts-strengthen-fgv-ops

Production of:
Fresh fruit branch : July 436,252MT, Aug 404,948MT, Sept 385,170MT
Rubber : July 440,656KG, Aug 366,059KG, Sept 247,723KG
CPO produced : July 289,208MT, Aug 283,261MT, Sept 272,227MT
Palm kernel produced : July 71,980MT, Aug 70,940MT, Sept 69,208MT
Not good. drop every month for the last 3 months in every category. That is a direct result of not having even a CEO. Hopefully somebody inside is looking into addressing these results for the next month.

Not sure if this budget is going to spike the share price on Monday. Most of these spending were already released to the market before Zac was told to take a leave and were already taken into account in the current share price. ONLY POSITIVE and satisfying solution is for EPF to now move in. I think the $5,000 for Felder settlers will most likely be enough. After all their holding in shares are not extremely high & the cash will more than likely compensate their loss. CASH IS KING. Ajib will do another round next year to help them, if they keep whinging. In the meantime if you all are looking for greater than $2.50 (me included) then I think it is going to be a long wait. At least after GE14.

Touch Points Bajet2018
Page8, Welfare of FELDA settlers
# Special incentive payments to settlers of RM$5,000
# Cess money will be reimbursed for replanting scheme from rubber to oil palm (RM43M)
# Oil palm replanting programme (RM60M)
# Construction of 5,000 of FELDA Second Generation home (RM$164M)
# Upgrading of roads, water supply system and street lights in FELDA (RM200M)
English https://drive.google.com/open?id=0B-I9w2zwg0KiX0hUTHFsODN3aUU

Iris Corp group MD resigns, new group CEO appointed
Read more at http://www.thestar.com.my/business/business-news/2017/10/16/iris-corp-group-md-resigns-and-new-group-ceo-appointed/#rX92YVPQx0ct3vU4.99

Just let us know what is happening with Z & if we are having a new CEO, so we can all move on. We can then make our decision to dump the shares, sit & wait, or put it back at the bottom of the standby queue if we so desire. Whatever it is that 45-50% spike in the share price is not going to happen this side of GE14. OK, I am calling it as I see it. Lets wait for GE14 & prove me wrong.

Here is a class action taken by a law firm against one of the biggest bank in Australia today.
http://www.thestar.com.my/business/business-news/2017/10/09/cba-hit-with-class-action-suit-over-money-laundering-rule-breaches/
Can anything like this happen in Malaysia?

Let IOI run FGV then we will all be looking forward to past $3.00. Anything else is just wishing & dreaming.

RM 2.53 is just dreaming! That is a 44% jump from today's high. Maybe 6 months after GE14.

MSWG is a spineless organisation. If they are worth the name the represent they should have taken all the Directors to court.

http://www.theedgemarkets.com/article/mswg-urges-fgv-ascertain-zakarias-status

With the judiciary system stack the way it is, don't think any lawyer have any chance fo seeing any daylight. Just look at MACC. How many have been arrested and force to wear the yellow T-shirts. What happen to them? Only for show, I don't recall anybody in prison for any reasonable sentence.

Sorry, over 4 months.