@AdCool ,agreed.
1.The additional fact is that AXA Affin's equity holding shares as reported is under Felda Marketing Sdn.Bhd. which is an INDIRECT subsidiary of FGV.
2.So the cash accrued on the completion of the sale pending receipt of Bank Negara(Central Bank) written approval will be much lesser than RM 99 millions.
3.Such extraordinary gains from one-time disposal won't help in the company bottomline improvement and is not sustainable.
4.The right solution is to examine and determine the appropriate and strong measures to tackle the basic problems and issues besetting the company's continual dismal performance.This is what the market's pundits is watching closely for.

@CKCS ; @Jeffreyteck it's appropriate that the equity market regulatory authorities-SC,Bursa send an official letter to Lotte and instructs them to disclose the full details with supporting documents.Examination on their written records and submissions has to be made and disclose to the public within a reasonable period.
2.Not inadequate just to monitor how the development of Lotte's market price in the market but to do the necessary.
3.Market don't like this type of surprises that comes too soon between the date of the water disruption and the IPO issuing date to the date of QR2 announcement.
4.As one of the largest conglomerates in South Korea and because the plant operation is a major hazard installation( Risk level- Very High) a higher standard of duty of care and compliance from the operator is expected.Not only essential but to be properly uphold at all times.

@hipster they can buy more and at the present price and average down.

Just for a typical case if they have bought 20K at RM 1.52 = RM 30,400

At the present price they buy 40K at RM 1.02 = RM 40,800 to average down

Total capital forked out = RM RM 30,400 + RM 40,800 = RM 71,200

Then average holding cost = RM 71,200 / 60 = ~ RM 1.186

Towards year end 2017,if the price tick upwards to RM 1.40

Then total shareholding value = RM 84,000

Capital gains = RM 84,000- 71,200 = RM 12,800.

If QR2 dividend payout is 3.5 cents per unit,the sum received = RM 2,100.Then capital gains will be in the region of ~ RM 14,900.00

Note: The sum realised has to deduct the brokerage fees during the transactions.

Outcome: The earlier losses still can be fully recovered.Low risk investment better than many other highly speculative counters- which you can win big but also lost big if your choice and timing is wrong.Smile:-)))

Read the latest news-https://www.themalaysianinsight.com/s/9740/

Points of conjecture:

1.In late 18 November 2015 made a private placement(PP) at RM 1.24 and raised up cash amounting to RM 612.10 miilion(which is about 20% of the paid up capital) at RM 1.24.It was wholly taken up by Gapurna, EPF which has 38.4% shareholdings and Tabung Haji(TH) which has 10.1% shareholdings in MRCB.
2.At that time the exercise was announced the market's share price was RM 1.36.
3.Now with this announced Right Issues(RI) the price yet to be announced,these three big shareholders will benefit more.Probably,lower their PP holdings exercise price even further and strengthen their shareholdings and grips on MRCB.
4.Many months later the market share price for MRCB jumped up to more than RM 1.70.

Outcomes:
Will it be better if the public(for those not owning any share yet) buy the share after the RI to enjoy the capital appreciation many months later?

But for those holding the shares at the high price what if they exercise the RI (with additional money forked out) to lower their costs of investment.

Probably,the share price will recover to the previous high like what happened after the PP exercise and they will later recover their capital and enjoy some reasonable capital gains.

Points of conjecture:

@red_85 not likely it will breached the RM 1.00 level because it is supported by the following development:
1. The coming QR which is around 17-20 August will at least be slightly better vis-a-vis the same QR last year.
2.There will be at least a dividend payout of 3.5cents per unit hold.RM 35.00 for RM 1,000 investment.Good yields.
3.The compensation agreement reached on the contending dispute on Tanjung Bin power plant by Malakoff will be a big positive for the company towards year end when the payment is received.
4.Technical Analysis on the price charts and trend show the Moving Average Convergence Divergence (MACD) line is above the Signal Line which indicates good support momentum for the present price.Presently,the stock is in oversold situation as shown by the Relative Strength Index(RSI)and the buying support will kick in at any moment.
4.Normally,power stock is back in favour.Unfortunately,this company has hit debts level.

Outcome: More upside then downside.Risk level- low.Probability of making reasonable capital gains fair to good.A safe investment to put you money in the stock.

One good news to cheers all formers up.Read- https://www.themalaysianinsight.com/s/9670/

If the person-S, can say that "prevailing FGV's price is no longer the factor " as published what that tell you if you are a market observers or prospective investors.

The likely impacts:
1.The counter price will just keep on drifting.
2.Not in their immediate action or attention.
3.Thus not view not positively by market's investors because expectation of good news from them that can move the market price up is null.

Conclusion: More or less,possibly they viewed after the handouts announced earlier to the settlers,such FGV's price issue is no longer a harbinger of any vote changer coming GE-14.

Do have a good look at the Technical Price Chart appended.

What can be deduced by doing a quick Technical Analysis(TA):
1. Yes,the counter is just in the slightly oversold position BUT only beginning 2 August 2017 as can be seen from the Relative Strength Index(RSI).
2.The Moving Average(MA) shows a bearish counter. Looking again at the graph.
3.The Moving Average Convergence Divergence(MACD) line is moving lower than the Signal Line.No indication of bullish buying signal to support the price trending and momentum upwards.

One can discern from the profile of the graph movement ahead of the next QR announcement what the market price level will be like.

Outcome: Market price for the counter will move within + - 4.0 cents UNLESS there is great market news that can cause the bottomline to improve or cause the price to recover to RM 2.00 or there is an early election towards year end.

Price chart appended : http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=5222.

Points of conjecture on Malton share price

@MamaCat emphatize with you on holding the share at the high.Do consider the followings,apart from what I disclosed earlier:-

1.The stock is presently caught in the bearish state.
2.Technical Price Charts- Moving Averages(MA),Moving Average Convergence Divergence(MACD) and Relative Strength Index(RSI) support the prevailing bearish state for the counter.
3.Next QR due somewhere around end Augutst 2017 will not be good vis-a-vis the same QR last year.Last year QR was on the high because of extraordinary gains which is one-off matter.
4.Financial Analysis basically looking at Earnings per share(EPS) -6.90 which is mediocre; Retruns of Equity (ROE) which is 4.29 poor and mediocre and Dividend Yield(DY) only 2.4% for the previous year.Lower than what one can obtain from your Fixed Deposit(FD) rate.

Outcome: Basing on all the facts and information available,the stock will NOT recover and touch the earlier high above RM 1.75.Unless,there is some big market moves or news involving the counter which can give a big and positive impact on the Malton share bottomline.But seemed such news very seldom heard nowadays.Forumers cannot make the decision whether to buy,sell or hold.The hard-earned money is yours to guard and makes it grows. But always REMEMBER when investing ( especially on speculative stock like Malton) one basic question to ask is whether the price you are paying is on the high side and what is the risk level(Very high,High,Moderate,or Fair) and whether you can bear with the risk arising if the price suddenly reverse downwards.Risk can relate to losses if the counter market price is down after buying.

Append the Technical Price Charts for your purview: http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=6181

We like to see most investors make a reasonable capital gains from the market.But be a smart and savvy investor or speculator(trader). Good luck and have a wonderful weekend.

Read from an authoritative news - http://globalriskinsights.com/2017/08/corruption-allegations-take-center-stage-malaysian-general-election-campaigning/

Read from an authoritative news - http://globalriskinsights.com/2017/08/corruption-allegations-take-center-stage-malaysian-general-election-campaigning/

Read- http://www.freemalaysiatoday.com/category/nation/2017/08/04/report-two-reasons-why-bn-may-lose-ge14/

Read- http://www.freemalaysiatoday.com/category/nation/2017/08/04/report-two-reasons-why-bn-may-lose-ge14/

@Jeffretteck my thought analysis agrees with what you have commented.
2.This stock is heavily politically influenced with political appointees who have no corporate experience.Huhuhu...what they know about plantation industry.Instead they make matter worse!
3.Let us compared favourably with Boustead Plantations(BPlant) which is very much smaller in acreage size.It is also a politically-linked counter but the politicians leverage on this counter less.Linked with LTAT which is one of the major institutional shareholders.Sigh.
BP never failed to pay out dividends for the past three years and rewarded the shareholders with DY of 8.79% which is very much better than FD yield.BP never failed to generate PAT year after year.
3.Even though the market price hovered within the narrow range of + - 5.0 cents from tits IPO issuance price of RM 1.60 the shareholders are happy lots.

Outcome: Better to keep heavy political meddling on public listed stock away from politicians.In the market place the political and corporate hard decisions to be make at most times cannot converge.Minority shareholders of FGV are much wiser and smarter nowadays.They are just waiting for the price to recover and at the opportune time,and they will liquidate.

@Seng Thye Ng good if one is eyeing the technology counter like the one you mentioned.Come October will be another round of market plays for technology stocks like GHL System,Willowgen,Mpay and other digital solutions share counter.
2.There will be an official launch involving thousands of SMEs at the Digital Free Trade Zone(DFTZ).Jack Ma will be back.

What that tell you?.Save your hard-earned money and eye this piece of action.Bravo,cheers:-)))

Historically,this counter is only for punting for small capital gains.It has poor or mediocre profit margins from the number of big projects they have undertaken.The financial and valuation fundamentals will not support a higher market price unless the EPS,ROE and PAT improved.Better to put your hope somewhere else.

Points of conjecture:

1. Listed company has to be credible and truthful to gain investors' trust.
2.It has to disclose truthfully and publicly any information in their daily management and operation that can adversely affect the stock prices.That is part of the public listed company disclosure rules and regulations.
3.If they withheld the information,and the news was later disclosed or leaked out the market can be very brutal- the response will be quick,sudden price drop and devalue the stock market price.
4. Trading volumes on the stock presently on the low.

Outcome: The stock will consolidate within this price range for awhile.No probable chance to recover to the previous high or IPO's issuance price.Unless the trading volumes perked the price will move and trade within this narrow range.

Read for those interested to know- http://www.freemalaysiatoday.com/category/nation/2017/08/03/epf-has-no-plans-yet-to-invest-in-bandar-malaysia-project/

Read for those interested to know- http://www.freemalaysiatoday.com/category/nation/2017/08/03/epf-has-no-plans-yet-to-invest-in-bandar-malaysia-project/

Additional point: Normally the prevailing market price for any share counter will move AHEAD before the next QR is announced by the company.
2.The marketplace players- investors,speculators,punters can discern clearly what will be the performance expected.More times than not they anticipate correctly!.
3.FGV's next QR is somewhere this month and looking at the price trend and momentum that will tell you something.Leave it to you and the rest to forecast.

Points of conjecture:
@ 股海无情 -After perusing through the production figures for the past three months- April,May,June; financial reports and profit trends I deduce the coming QR may not be better vis-a-vis the same QR last year.:

1.There was a drop in the harvesting and production of fresh fruits bunch(FFB),rubber,crude palm oil(CPO) and palm kernels on June 2017.Normally high crop season trend can be discerned by the industry.Similar pattern barring any adverse weather effects.
2.Yields from FGV plantation assets is below industry average and no sign the yields have improved.
3. Great consequential and incidental costs arising from the internal power tussle.
4. Profit contribution from Malaysian Sugar Manufacturing(MSM) will be not positive and impactful to FGV bottomline.
5. Poor costs control,optimisation ,productivity and efficiency in the company operation.
6. Shortage of labor for plantation work,harvesting, fertilising,etc which is also negative for the company.That as reported.
7. Global commodities price for vegetable oil which is lower than the previous high reached.But the recent margin differential vis-a-vis soya oil prices have somewhat recovered.That as reported.

Outcome: Summing all these direct and consequential factors into due consideration does not expect remarkable improvement over the last year QR. So long as the Earning per share(EPS) at 2.20 cents and Return of Equity(ROE) at 1.38- which is very poor, do not improve the financial performance will be mediocre.The share price that FGV commands in the market-place has the direct correlation to these numbers.Two days ago United Plantations(UP) a very well-managed plantation company in Perak reported a very good QR.

Point of conjecture:

@tokti if gomen and its ill-advised cohorts did not terminate the earlier CREC-IWH award then maybe such saga will have stayed resolved and contained within.Now it blew up in the open and reported in international news media BBC,Bloomberg,The Independent..

Outcome: Consequential and incidental costs arising very heavy from this recent payment saga.Our land never fail to amaze me...one saga after another.

It is all unnecessary.Concurred with today news comments by the former Bank Negara Governor on the country's needs for strong leaders in the public,corporate and all other socio-eco-political sphere to move the country forward and re-capture the lost golden glory era.Can you be the one?

Point of conjecture:

1.The water disruption in April 2017 over more than a week is a major problem and cannot stay unresolved.In term of operational safety,regulatory compliance,plant output,etc is a major and topical issue and merit urgent and strong action by the management.In happened before and recently,and the recurrence is high and probable.

2.The consequences will be dire for the following reasons:

A.Petrochemical plant is a very highly hazardous installation and governed by very strict regulatory requirements.One of the Act is The Control of Industrial Major Hazard Installation.Others like The Fire Safety Act.Continuing non-compliance can cause notice of immediate prohibition to the plant activity.

B.What if the major fire or explosion take place? Lack of water ,how to contain and mitigate the consequences???

C.The loss of major production will adversely impact on the bottom-line.

D.Incidental and consequential costs to the company is high.

Outcome: So long as no permanent and workable solution to the immediate water disruption problem,the high risk level persists. Any one time it can arise and just blow up again.

Points of conjecture:

@Jonathan Keung any decision that they made on Z has to abide and uphold on the Employment Act 1955( with amendments) even if the person is employed on contract basis.In this case the tenure is for three years and not expired yet.

2.The employment contract will provide what is the post,tenure,remunerations,perks,benefits and privileges that the person appointed will enjoy.It is not easy to transfer another person to another position unless without defeating the safeguards afforded in the act.If Z is transferred out and to a lesser position he as the aggrieved party can fail the challenge in the courts.The messy saga will drag and continue.At times,for quite a lengthy period!.

3.Looking at his initial strong challenge on the first day when he was suspended,I am of the opinion he won't take the matter lying down if the decision of the DI is unfavourable to him.

Conclusion: The matter should not have arisen in the first place.Such internal disputes can be discussed and resolved internally.Now it has broken out in the open,causing much unwarranted damages.It is akin to a case of much ado over nothing:-(((

Read the just released published news- http://www.theindependent.sg/three-questions-1mdb-has-to-answer-over-ipic-payment-default/

Read the just released published news- http://www.theindependent.sg/three-questions-1mdb-has-to-answer-over-ipic-payment-default/

Read for those interested to know- http://www.freemalaysiatoday.com/category/opinion/2017/08/03/lost-opportunity-for-snap-polls/

Read for those interested to now - http://www.themalaymailonline.com/money/article/its-chocolate-factory-or-cocoa-farm-in-malaysian-growth-toss-up#wAvEexKBWszZbhqK.97

@Felda_settlers kami samada dibandar atau didesa sama-sama memahami masalah kos saraan kehidupan yang tinggi yang ditanggung dan dihadapi berat oleh semua warga rakyat buat masa sekarang.
2.Satu faktor yang menyebabkan keadaan rumit sekarang adalah kerana terdapat elemen rasuah,salah guna kuasa,penyelewengan,pembaziran, dalam semua peringkat pengurusan samada sektor swasta,syarikat korparat atau awam. Ini boleh diteliti daripada laporan audit negara yang baru saja diumumkan dan diterbitkan untuk makluman umum. Gejala penyalahgunaan kuasa,pemborosan,penyelewengan masih menular pada setiap tahun.Akan berulang-ulang kali setiap tahun.Mengapa???
3.Rakyat buat masa sekarang hendaklah cerdik dan sedar apa ciri-ciri kepemimpinan negara ,korporat,swasta yang boleh menggembelingkan masa gemilang negara yang telah lalu dan mungkin tidak akan kembali jikalau gejala rasuah,pembaziran,pemborosan,penyelewengan ini tidak dibendung dan dikawal sama sekali.

Sama-sama kita berjalan dan menjalinkan tangan kearah era alam baru untuk semua rakyat jelata.Yang telus,saksama,adil dan sama rata.

https://www.malaysiakini.com/news/390651#0viyfBJdTAQMfxtv.97

Anybody or anyone interested to read news articles from SR can click on the hyperlink appended here.
1. Click open the page.
2. On the open page,click on the icon at Option 1.
3. The news can then be easily accessed.
4. Likewise for Malaysia Chronicle and Outsyedbox blog.Just use google search and type Malaysia Chronicle unblock. Similarly for outside box, on google search type outsyedbox unblock.

Source: http://proxyunblocker.org/unblock/sarawakreport.org/

@Lim Sc that is most unfair and not proper.Taking gerrymandering to the worst limit like in the examples that you just mentioned.That why Pakatan won the majority votes during the GE-13 but still lost the rein to rule the country.

2.In a fair and properly de-lineated voting constituencies in accordance to the Election Commission laws,the ruling party will lose hands down.

@hng33,congrats to you for making a pile.But others don't need any "show of pity" remark from you.
2.We have to respect differing opinions.Let's share and put any available information,thoughts,opinions,news,comments about the stock on the table in this open forum.
3.The forumers will then be able to analyse,digest and collate the information to make a credible decision.
4.Every view and perspective on the prospect of the stock- to buy or NOT will not and be the same like you.That is market reality.

If not how can the market functions and works.But together with good news,comments,opinion make and share we hope everybody makes a good and wise decision.We want every forumer to win if possible.

@lingling66 be wary of the merger exercise as announced by them.Nothing certain yet.Normally,through such exercises will benefit the major shareholders.Can monetise on their valuable land banks.Only a fraction filtered down to retail shareholders.
2.Even if comes to fruition,the benefits accrued to long-suffering shareholders also not certain.
3.Yes,the company has large tracts of valuable lands( some not re-valued yet to market prices) but presently the property market in the South is not so positive.They have stiff competition coming from the mega development in Forest City by China developers,and other established developers- UEMS,Gamuda,Sunway,etc over there.
4.UEMS(a GLC) has also large tracts of lands in Johore.Look at their share price presently RM 1.14.Look at their FA,fundamental and valuation performance.Try to use UEMs as a benchmark when deciding to invest,speculate and punting on IWC.For IWC better to speculate.Don't buy on the high side.
That will be a useful guide.

The correct link to SPR news source is :

Source: http://www.malaysiannews.my/2017/berita/nasional/kenyataan-media-spr-nafi-pru-oktober-ini/

Keypad error.Rgds.

The correct link to SPR news source is :

Source: http://www.malaysiannews.my/2017/berita/nasional/kenyataan-media-spr-nafi-pru-oktober-ini/

Keypad error.Rgds.

Latest update from Election Commission(EC);

EC just denied the news about the GE-14 that was rumoured to be held on October 2017.It further said the news were incorrect.

Source: http://www.malaysiannews.my/2017/berita/nasional/kenyataan-media-spr-nafi-pru-oktober-ini/

Latest update from Election Commission(EC);

EC just denied the news about the GE-14 that was rumoured to be held on October 2017.It further said the news were incorrect.

Source: http://www.malaysiannews.my/2017/berita/nasional/kenyataan-media-spr-nafi-pru-oktober-ini?

Latest update from Election Commission(EC);

EC just denied the news about the GE-14 that was rumoured to be held on October 2017.It further said the news were incorrect.

Source: http://www.malaysiannews.my/2017/berita/nasional/kenyataan-media-spr-nafi-pru-oktober-ini?

*A point of conjecture*

Just received two(2) posts awhile ago,today from sources that disclosed the GE-14 will be on 13 October 2017 which is a Friday.

Disclaimer: Take it as an information for general update.Will update further once more information is received.

Cheers,for the better days to come.For equality,liberty,justice,equity and fair play.

*A point of conjecture*

Just received two(2) posts awhile ago,today from sources that disclosed the GE-14 will be on 13 October 2017 which is a Friday.

Disclaimer: Take it as an information for general update.Will update further once more information is received.

Cheers,for the better days to come.For equality,liberty,justice,equity and fair play.

*A point of conjecture*

Just received two(2) posts awhile ago,today from sources that disclosed the GE-14 will be on 13 October 2017 which is a Friday.

Disclaimer: Take it as an information for general update.Will update further once more information is received.

Cheers,for the better days to come.For equality,liberty,justice,equity and fair play.

@foreign_fund,USA is a developed country and No. 1 Leader in the developed world with a very high per capita income.Even selling at USD 100K per ha is still cheap and reasonable vis-a-vis Malaysia.Huhuhu... to compare objectively we have to compare with the similar countries maybe like with Indonesia,Thailand or Philippines.

@tokti things done in the land of endless possibilities,caveat emptor(legal term- beware what you are in or buying).A lot of flip flops.A lot of policy uncertainties.A lot of political peddling.A lot of cronyism...the list goes on:-(((

Read news from South China Morning Post(SCMP) Hong Kong - http://www.scmp.com/frontpage/international

@Michael Wong Yew Kong,possibly. But not to sound too optimistic because the Technical Price Charts still show bearishness for the counter. Speculates and moves with the flows,trends and momentum of the share price.
View the chart - http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=5222

@Edwardong53 agreed.The regulators,underwriters,IBs are also party to such embarrassing IPO fiasco.
2.They should have done their jobs,duties and responsibilities diligently to ensure that the public shareholders' interests are safeguarded at all times.They know the public who subscribe for the shares many would not understand or read the prospectus.
But within the regulators,underwriters,IBs they have the experts,analysts,accountants who can sieve through the company details,financial accounts,record and identify any irregularities if any.
3.Reflecting back to the few share counters from China.What happened today? Except one most of them are in the distressed position.PN 17 beckoning? De-listing?
4.What those cases can tell you of our regulator's expertise as oversight over the companies pre-IPO.

Outcome: There are a lot of lessons that can be picked up from this uneventful IPOs.But sad,most of them including the public have short and forgetful memory.Over times,the same thing happen again and again.At what cost- painful and cost dearly:-(((
02/08/2017 08:19

Huhuhu... from the grapevine talk there is reason why the payment as per agreement is not paid yesterday.
2.Why pay,when there is indemnity and guarantee by gomen(MOF)? The contending or aggrieved party sure to receive the money the next five days.
3.Within five days who pay then...:-(((
4.Ultimately,the money paid out has to be somewhat recovered in another way.How?All of us somewhat have to share and shoulder the burden.Citizens burdened more on top on the recent petrol price increases and others. Mark of irresponsible action and deal which does not bear benefits but instead sufferings. Is this the type of re-caltritant honchos you want to have to be the guardian of our future well-beings and security???

Outcome: When one party wins,the weaker one loses big.That you call as a caring gomen!

In many matured and developed equity markets like in Japan,USA,UK,EC,South Korea many of these public listed companies will communicate and disclose material information with their stakeholders and shareholders.
2.Last year for examples Apple and Samsung issued their earning WARNINGS for the coming quarters.The markets initially responded during the next open trading days by selling down the stocks but the adverse sentiments were well mitigated and absorbed.No sudden market's jerk downwards on their stock prices later when their poor QR were announced.

That should be the way how investors' relationship needs to be managed.Transparency and clear communication built up trust and confidence on the stocks.