dam82

dam82 | Joined since 2017-02-14

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Stock

2020-12-09 11:33 | Report Abuse

https://www.nst.com.my/business/2020/12/648049/felda-spend-rm292bil-privatise-fgv

On the flip side, Affin Hwang said some minority shareholders would not find the offer appealing considering FGV's initial public offering (IPO) reference price of RM4.55.

MIDF Research deems the offer price as fair. This is mainly predicated on the prevailing higher crude palm oil prices.

Moral of the story don't buy melayu company

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2020-12-09 11:14 | Report Abuse

true very hard ikin bilis like us to goreng this counter 1.25 till 1.30 ...

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2020-12-09 10:28 | Report Abuse

If I am not mistaken FELDA need more than 90% to force CO so I wonder how FELDA can achieve this 90% figures and why in the press they keep on saying its RM1.30 .

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2020-12-09 10:06 | Report Abuse

Calvin a lot of people will be jumping off the roof because of FELDA reading your remark lagi lah hahaha

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2020-12-09 09:52 | Report Abuse

HLIB’s VIEW
MO price is lower than our SOP-derived TP of RM1.39. We feel that the MO price of RM1.30/share (vis-à-vis our SOP-derived TP of RM1.39) does not reflect the improving near-term earnings prospects of the company (arising from rising CPO price since 3Q20)


go fly a kite FELDA .....

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2020-12-09 09:05 | Report Abuse

Selling started

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2020-12-09 08:43 | Report Abuse

Then privitize 1.30

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2020-12-09 08:42 | Report Abuse

They will push price low maximum

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2020-12-09 08:29 | Report Abuse

I bet a lot of people being played by FELDA ...

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2020-12-09 08:23 | Report Abuse

KWAP and UJ cannot vote so minority still can reject ..

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2020-12-09 07:15 | Report Abuse

Felda to make mandatory offer for FGV at RM1.30 per share, but keeps mum on listing status

https://www.theedgemarkets.com/article/felda-ups-stake-fgv-3512-proposes-take-fgv-private-rm130-share

RM1,30 only for KWAP and Urusharta Jamaah Sdn Bhd for now ...... assuming the FGV price goes to 2 then FELDA can't propose 1.3

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2020-12-08 22:09 | Report Abuse

boss sama MOF ..

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2020-12-08 22:03 | Report Abuse

FELDA and uruharta KWAP what is the difference all under one roof ...

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2020-12-08 21:13 | Report Abuse

Guys don't forget a lot of Bumi institution still holding FGV share

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2020-12-08 20:55 | Report Abuse

YTL Land different cause YTL hold more than 90% lor ..FGV different ..but 2morow sure panic seller

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2020-12-08 20:39 | Report Abuse

Even limit down no hard since the privatization still 1,30 worse case scenoria

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2020-12-08 20:33 | Report Abuse

Felda owns 775.02 million FGV shares or about 21.24% and on completion of the proposed acquisitions, it and parties acting in concert (PAC) would own more than 50% of FGV shares.

It would then make a mandatory take-over offer for all the remaning shares.

Felda had signed a conditional agreement with KWAP to acquire a 6.10% stake or 222.48 million shares or 6.1% for cash consideration for RM289.20mil.

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Till FELDA make it official offer 1.3 no one said its RM1.3 .

For now FELDA bought KWAP and UJ for 1,3 .

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If 2morow if limit up FELDA need to privitiza last share price so i bet there are fund will make this happen and hopefully people won't sell

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2020-12-08 19:11 | Report Abuse

FELDA still need minority approval since KWAP or Urusharta out of picture ..all should reject this nonsens ... what i understand FELDA bought 1.30 from both of the fund so question is how much they will pay for the remaining .. commen sense 1.29 but offer 1.30 its a joke ..

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2020-12-08 18:33 | Report Abuse

They basically screwed everyone

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2020-12-08 17:19 | Report Abuse

The last time its suspended went as penny stock lor

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2020-12-08 17:11 | Report Abuse

What the suspense ?

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2020-12-08 16:37 | Report Abuse

Bad news pula .

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2020-12-04 23:23 | Report Abuse

https://www.freemalaysiatoday.com/category/highlight/2020/12/04/fitch-drops-malaysias-debt-rating-to-bbb/

FELDA Sukuk don't think will happen with this .. i could be wrong ... intresting with CPO price whats in there for FGV 2021

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2020-11-26 11:41 | Report Abuse

Tak ader naik pun ...macam sudah mati pucuk....

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2020-11-23 11:52 | Report Abuse

AP negative news again

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2020-11-22 20:37 | Report Abuse

FELDA will not let SM be the majority share holder unless politics plays a role in this deal ...why GE is coming up and it will show as if FELDA is not capable .... ego lor ...

CPO record price now ... 2500 will make 500Million profit for FGV remember Azhar so called Chairman letter .... so i would expect privatization or SM buying share substantial share via open market since bulk control by GLC ... interesting....
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Through its transformation plan, FGV will correct its legacy issues and restore operational integrity. It is estimated that at an average CPO price of RM2,500 per MT, FGV should be able to earn profit before tax (PBT) of RM1.0 billion a year. All shareholders, especially FELDA will stand to benefit.

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2020-11-21 08:03 | Report Abuse

Check edge news today SM deal might not through and FELDA looking to privatize FGV not terminating LLA ...keep buying

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2020-11-19 11:20 | Report Abuse

CPO Above 3500 .. FGV moving like snail ...

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2020-11-18 12:47 | Report Abuse

If CPO price remain the same ...highly unlikely FELDA will cancel LLA ... intresting to see FGV direction now ..

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2020-11-17 14:35 | Report Abuse

Turich + Asia Plantation and don't forget 150 additional diversment not included yet ..

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2020-11-17 14:32 | Report Abuse

yes ...mabel mana pergi long term investement ...capital gain also divident play

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2020-11-17 13:35 | Report Abuse

Meanwhile, FGV was granted a rice wholesale license from the Ministry of Agriculture and
Food Industries (MAFI) .. another bernas in making ..

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2020-11-17 13:24 | Report Abuse

fantastic ....

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2020-11-17 10:20 | Report Abuse

Biler QR ...MSM gone case ..how FGV QR ?

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2020-11-10 07:52 | Report Abuse

Number of Share increase ...so 10 cen cut still good ...

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2020-11-09 21:57 | Report Abuse

2morow fly lor Cross finger ..hehe super I don't deny that buy FGV also can be a good dividend stock it need time not here to change your mind .
For now be happy with utdp

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2020-11-09 20:30 | Report Abuse

old story in edge in their weekly release no need to bother ..so long CPO price FGV no need to worry ..FGV will do well and LLA cancel harder since they need to pay more ....

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2020-11-09 20:26 | Report Abuse

haha supersinvestor we can be friends also in FGV hehehe waitig for my divident and also my gain ..i love my palm hehe

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2020-11-07 22:25 | Report Abuse

remember LLA based on the either current year or next year profit with CPO high i higlly doubt thetre will terminate ... if privitization also should be above 2 so win win .

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2020-11-07 21:22 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/07/why-taking-fgv-private-is-the-best-option

Nice Artical ... FGV made a lot of stupid decision which make no sense but DRB also was in the same boat few years back .anyone forget TIME dotCom Bhd ..but look now ... patient and if you have some fetish into FGV just buy

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2020-11-07 14:45 | Report Abuse

i fully agree FGV not for manly guys like superinvestor ...what a pitty i am here and making money with FGV with its never ending drame ...oh ya ..

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2020-11-02 13:38 | Report Abuse

For LLA Land FGV at the mercy of FELDA and also if FELDA decide to sell FGV with penny in open market but i doubt they will do that ... any other noises coming like Mill FELDA can't do anything unless FGV Board Approve and FELDA cannot vote ...

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2020-11-02 12:30 | Report Abuse

someone depressing the price ..now lets see

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2020-11-02 09:13 | Report Abuse

gone case for short term ..no one will buy at the moment thanks to PN

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2020-10-30 21:38 | Report Abuse

even if they sell cause end of the day FGV will be with cash ..also FELDA cannot vote in any of this decision