Locals cannot see profit or money. Very quickly want to take cash already in the hope to buy again by hoping the price will fall again.. hmm. Its like rinse and repeat. These chinese companies are smart buyers (as you can see currently) and will not push the price and prefer to just accumulate when sell-offs continue to occur..

Just imagine.. the 3 expiring warrants used to value as high as 0.170-0.265 are now worth toilet papers.. pitiful indeed. The issuers must be laughing ya.. hmm

Tough coz buyers decided to stay passive n juz accumulate due to the non-stop sell-offs. Stupid sellers.. must be locals.. hmm

Agree with limch.. compared to other warrantts.. I'll go with C23 too..

Note that: "GE14 may be held before the tabling of Budget 2018 in October."

Foreign = net buyers while local institution & retailer = net sellers. So looks like the hindrance is due to profit takings by the locals amid the recent hike in price.. hmm

"A partnership is expected to be finalised in the next one to two months"

http://www.thestar.com.my/business/business-news/2017/03/22/fgv-seeks-partnerships-to-boost-company/

Looks like it.. especially with persistent (passive) accumulation observed currently..

"the government plays no part in any decision-making by private companies including Proton, whose parent DRB-Hicom is reported to be looking to sell 51% of its stake in the car company."

http://www.theedgemarkets.com/my/article/don%E2%80%99t-pressure-proton-towards-fire-sale-mp-urges

Heart of steel.. cinapeh.. C21.. EV 2.55 and currently at 26% premium.

Me also still wondering.. why the blockage at 2.10 keeps being replenished and getting larger.. hmm

Persistent big blockage at 2.10 hmm?? Why?

The problem is .. Foreign: net buyers. Local Institution & Retail: net sellers.

Come on local instituions and retailers.. pls provide some support laa.. dont be cheapskates.. hmm

Sharing..

http://www.thestar.com.my/business/business-news/2017/03/21/three-chinese-companies-eye-strategic-stakes-in-fgv/

Ring.. not that kind of Bursa suspension laa. I meant its suspended as requested by FGV for a material announcement.. ;)

Based on the very high volume today (almost 6x the average).. I'll bet somethin' is cooking.. and FGV might be suspended soon.. :)

FGV managed to hit 2.18 today but the advance was hindered and dropped to 2.07 due to heavy contrarians and profit takers sell-offs. However.. still a superb performance and closed at 2.09 (up 18 sen) with a positive Buy Rate of 54% and buy queue at 2.09 still intact after absorbing all the late sellings. Tomorrow.. sunny !! Not sure why the huge 65k lots blockage at 2.10 tho.

.. :D

Without the blockage.. me think FGV could've surpassed 1.95 already..

Yes.. and lets hope the huge 48k lots blockage (being persistently top-up) is smashed bcoz its really hindering the advance.. hmm

LuckyG.. let him be. He's one of the noobs who like to make fun of himself.

PS: A word of advise to watami.. do NOT simply accuse people wrongly before you are very sure you got the facts right. Pls read and understand how the value of a cash warrant (Europen style for C14) is calculated. Hint: the mom's closing price for the average of 5 days by the maturity date, then the warrant's EV/ER.

Today they managed to push down to 1.92 from 1.94 and then no seller.. so obvious. Tomorrow is the expiry date. We shall see. Lets hope buyers overcome the persistent blockages..

Noticed very persistent blockage at 1.93.. kept being top-up.. while pressing down the price at 1.92.. prolly Kenanga.. hmm

Come on FGV.. KLSE is supa green.. pls show your colors.. fly along !!

Nice going so far,, however blockages swiftly set-up by you know who.. to push back down the advance.. hmm. Hope buy volume manage to absorb these fekkers..

FGV managed to close green (up 2 sen) today despite persistent hindrances.. nice !!

OMG.. can someone clarify newbe999's query above pls..

Its a pity actually when people put money with high hopes into this counter.. me included.. hmm

newbe99.. what are you implying? We are bad people? Why you said that? I've been holding FGV since early this year. Why am I jealous? I love people make money and gave reasons to be patience bcoz certain parties are pushing down the price. Please read our previous comments before making such a bad judgement ok.

Lets hope these persistent fekkers epic fail their push-down attempts !!

Prolly.. bcoz the closing price is the ultimate goal.. hmm

If you observe.. you'll notice blockages will be set-up persistently everytime FGV is trying to go up.. hindering the uptrend.. hmm

Because of the low volume and stagnancy (due to lack of any catalysts).. its normal for traders to leave and move to other counters where the actions are. Also.. due to this sell-offs.. its price will keep going south slowly especially when there is no support from the institutions. DRB is starting to join one of the boring counters club until certain news are revealed. Stay tuned

Noticed it managed to hit 1.92 but swiftly pushed back down by you know who. Quite similar to yesterday when it hit 1.94.. hmm. Need more buy volume to overcome these fekkers..

Sold and ask people to run. Very admirable advice.. hmm

Thanks for sharing. Its gettin' closer n closer.. very soon..

The "modus operandi" of these expiring warrant issuers are very obvious and works well when the volume is low i.e. put up a few big blockages to cause panic selling and push down the price just before closing.. bcoz the most important to them is the closing price.. observe.. hmm

Agreed AdCool. Looks like we may have to wait till Monday next week and see how. Of all the warrants, my best bet at the moment will be C22 with low EV of 1.65 and maturing on 30/06/17. Hope the BBs continue the pushing up (like last Monday) bypassing any blockages since GE is also getting nearer. I also believe breakthrough will start to happen.. its just a matter of timing. Wish all the best.

AdCool.. just imagine if FGV's price surpassed 2.0 tomorrow. Will it possible to hit 2.2 and over by end of the month? Meaning the expiring warrants have value already, right? :D

Without their interventions.. me believe FGV would had surpassed 1.95 today and over 2.0 tomorrow.. bcoz its indeed "undevalued"..

"the share price has to be above RM3"

Ok LOO99.. gotcha. Technical buy.. nice. But me think bcoz 1 CW expiring in 3 days while another 3 warrants maturing by end of this month, it may be quite difficult for FGV to go up bcoz the warrant issuers will do their best to push the price down so that the average value of the warrants is lowered or zero. They are smart, unethical and have the means.. hmm.

I believe the management understand that no FSP (expecially the successful one) is willing to turn around and improve Proton's performance without having a majority shareholding in Proton. DRB may hold substantial quantity but not majority.. and its necessary.. or Proton will continue to drag down their hurdle. Really hope the management make a wise decision and not based on ego or to safeguard the cronies.. hmm

LOO99.. why you said that. I'm not a contrarian. I wished the FGV's price go up today but was frustrated to see the priced dropped after I came back from a meeting with IPD. But I'm still holding. Maybe you understood me wrongly. Pls take back your words.

Around 3pm me left thinking it will close around 1.92/1.93. Just noticed just now it ended at 1.88 (down 5 sen).. hayaa.. what happened?

Relax Roy ya. Many peeps wanna FGV price to fall so that they can buy at cheaper price bcoz everyone know election announcement is around the corner and FGV will be the first (and a must) to be taken "care". Cheers.

DRB will move up soon despite all these negative feedbacks. Everyone knows DRB has the potential to be successful in many areas and haters will moot once these materialised. Cheers.

Sept 2017.. stay tuned.. :)

Sept 2017.. stay tuned.. :)

GE14 will eventually be announced soon. When? Just get ready ya. Happy weekend all.

Everyone knows.. GE14 eventually will be announed.. soon. So yer all know what will happened to FGV, roght? and also certain other counters i.e. DRB, UEMS, erc. Its just a natter of when now.. cheers.. ;)

Wondering.. what happened to DRB once the Proton matter solved? Hmm..