EGM tomorrow. Once RI is finalized, at least there is more certainty. Now, many still not buying in order to avoid the RI

most kena eaten by sharks. Tomorrow see if there another blood bath.

RI not complete yet. Have to wait until RI is complete

Most who chased this counter back kena trapped now.

PM started 1mdb and FGV. Both also badly managed and bound to fail and created lot of financial scandals. PM is really bad in investment.

Just sell FGV off and delist it. No need to debate here. Anything listed by Gov with political interest are bound to fail miserably and require bail outs.

With nothing to be expected in this week, officially declared that C23 and C24 are toilet papers now. C21 mostly going to be one as well due to high exercise value and expiry in a month time.

Maybank is generating good income for them. Why sell a cow which can produce lot of good milk (Maybank) and keep a cow which can't produce milk but just continue to eat and not producing anything good (FGV)? And now you have ready buyers for the bad cow (FGV) from Indonesia and China who believe they can transform the cow from bad to good. Let them have the bad cow then and maintain the good cow.

It s a valid comments from SGKF that indeed Sulaiman did nothing new. He didnt stop the probe on Zakaria and the rest but press on with it for another 2 months by passing the inquiry to another DI panel. He did not review the BOD membership but instead increase the number and maintain those who have expressed their desire to resign from the board. Hence, he has instead increase the cost to maintain the enlarged BOD and prolong the instability of FGV without its CEO and CFO.

To sell or not to sell is your own discretion. If your warrants still have a long time before expiry, by rights, it should be adjusted together with the RI. Question here is what would be the trend for MRCB after the RI has been completed?

If not selling FGV, really don't know what else Felda can sell to raise such a big amount of cash.

London property not enough to raise that 1.6 billion cash for the incentives as well as the cash to buy Eagle High Plantation. In total, they need around RM3.8 billion.
Not to mention yearly OPEX of RM3-4billion.

Felda already in deficit for many years. Not efficient, lot of mismanagement. leakages and now corruption. Not to mention being used by UMNO as their political cash cow. Felda has to sell something to raise such cash and the candidate that is ripe for sales is FGV.

Just sell off FGV lah. That would be the best catalyst for now.

C23 has heavy trading today and I am quite surprise to notice that. The exercise price is 1.85 with a ratio of 3.5:1 and expiry on 31st July 2017. Yet, traders still dare to buy into C23?

The mother share price would be adjusted after the ex date of the RI. Warrants would also be adjusted based on several factors such as the ex RI price, percentage of discount offered for the RI, RI price being offered, and also ratio of the RI. Until then, warrants would continue to be beaten down as they yet to adjust them but the mother share has already reflected the RI since it came down from 1.7++ to 1.3++ when the RI was announced.

already calling for EGM. For sure RI going to happen.

EGM 27 July. Nothing will happen until RI is settled.

The main question now is where FELDA going to find that 1.5 billion ++ to fund such incentives announced by Najib? For sure they have to sell something.

Donation from Arab.

The only way for FELDA is to sell off FGV for it to raise such cash.

I wonder how FELDA going to cough out such a huge amount of cash since FELDA also in the red now.

Last trading day for c23 and c24 is 26 July. If you don't sell it by then, then u have to cross finger for the expiry to be above 1.85

No news from Najib during Felda Settler celebration?

The One. RM400k cant do much to block mother share at 1.85. But can do wonder in their own issued warrants.

I cut loss between 1.4 - 1.7 after been bleeding for 3 years. Can't believe that Parkson can become a penny stocks after all the past glories. A company that can't and won't turnaround after almost 6 years of continuous decline.

Just spend RM400k to accumulate back 70% of their warrants is enough to lock in most profit as the warrants price now just valued between 0.005 to 0.01.

If the uptrend is strong, RHB and MCQ wont be able to stop it. The best is to buy back their warrants below the offer price of 0.15. That would lock in their profits already. No need to spend money on suppressing the mother shares which are more costlier to them.

Wow, it has been more than 7 months since I last visited Parkson. Guess after 2 quarters, it still bleed. Yet, it still refuse to exit China market. Noticed ks55 still around to comment on Parkson.

such an important decision can just leaked out that easily? sure boh?

KIM, MAS was trading at RM4++ too last time until it got privatized at 0.20. Anything is possible in this Boleh Land.

this rumor of privatization already running since June 2016. Until now still no solid news. So, dont hope much for this. It could be like MAS, privatize at 20sen.

MT, PVT? what's that?

5 years back it was reported to be around 7 billion ppl for world population.

COO appointed as officer in charge, something like acting CEO.

You cant keep going up everyday. A small correction is good for a bigger uptrend move next week. Let's see what Najib gonna announce for the next 3 days during Felda celebration event.

Tomorrow T+4, selldown gonna come.

with more trading on warrants, more fees and taxes. So both Bursa and gov also profit.

The only miracle now depends on the next 3 days and Najib.

I would advise those who gamble 500k on C23 and C24 to go to Genting and gamble better. Higher chance there. For FGV to go back above 1.85 in the next 7 trading days gonna need miracle to happen.

I m surprised to see that there are still trades on C23 and C24 although the expiry is on 31st July.

Reliable sources = pantry lady and cleaning lady working in FGV?

Even if Friday up until 1.86, C23 and C24 still toilet paper worth less than RM5. Need it to go until RM2 at least. So the trend should be tomorrow up 12 sen and Friday up 20 sen. Next Monday with the news confirmed and announced by Najib, up 30sen.

@nasaie24 I'm sure the sharks sure profit from it already. and maybe some smart traders as well who ride along.

tomorrow either move up back to 1.7 or cont downtrend to 1.3...Your pick.

one day show if you manage to get IWC at 1.30 and then sold this morning at 1.70. You already profit 30% in one day.

Andy88 your 4pm theory doesnt work again this round. Shark isnt interested in FGV.

IWC kena goreng gao gao up and down. Many make profit and many also make loss.

be prepared for C23 and C24 warrants to become toilet paper. 9 more trading days to go inclusive today before expiry.

Andy88 nothing in FGV for them to speculate lah. How to swim over?