Ring I rather confused why billionaire get interest here whereas IBs'(many) and i3 forumers(Dalim Hossain, Lee Yih Yeong, etc)look down. So they richer than the billionaires?

So many haters here why my RM 2 q not done?

Bought last week 3.39-3.41.

10bagger10 Just bought some sop juz now. Any one buying?
28/04/2017 15:57

QR better than Ta Ann(EPS) why 30 sen difference?

CPO up today.
http://www.bursamalaysia.com/market/derivatives/prices/

Felda Global Ventures Holdings Bhd (FGV) shares are performing poorly because the company suffers from a perception problem among investors. Its CEO Datuk Zakaria Arshad says the slumping share price is due mainly to misperception and politics rather than flaws in the company’s fundamentals.

“I think another main reason is bad market sentiment. The equity market is also going through a slump. The other thing is that people always get FGV mixed up with other entities that are not related to FGV,” Zakaria tells FocusM.

Although he does not explicitly mention the Federal Land Development Authority (Felda), he is clearly alluding to FGV’s parent company which has a controlling stake of 34%.

Zakaria boldly asserts that FGV’s share price is undervalued by as much as RM2. “To me, it (the share price) has to be above RM3. At RM1.80-1.85, it is definitely undervalued. That is just my opinion.
http://www.focusmalaysia.my/Mainstream/Perception%20problem

Felda’s 112,000 settlers hold court in more than 50 parliamentary seats, making the organisation an important entity for the Government.
Read more at http://www.thestar.com.my/business/business-news/2017/04/17/shahrir-wants-more-from-fgv-and-fic/#MrAwJloQmRRspqPl.99

Cooking oil, sugar up so how can FGV be worse?

Peter Sondakh interested in FGV so expect earnings recovery in FGV like Eagle high?
http://klse.i3investor.com/blogs/PublicInvest/121886.jsp

TP RM 2.35(PublicInvest). At least better(and realistic?) than other IBs'.
http://klse.i3investor.com/blogs/PublicInvest/121886.jsp

Naik sikit sikit lama lama jadi bukit? 20 sen end May?

IBs' shun stock yet still RM 1.2(highest TP given only RM 1.10).

Why the billionaires(Martua Sitorus, Peter Sondakh) think differently from IBs'?

Peter Sondakh as buyer as well?

Billionaire Martua Sitorus(Wilmar co-founder) interested in FGV not IOI, KLK, etc so must be something special in FGV.

Before today Lee Yih Yeong commented on FGV before latest is on 20th Apr. Since then FGV has moved up about 10 sen.
http://klse.i3investor.com/servlets/cube/post/858262424295307.jsp

No wonder someone born poor. Why a billionaire Martua Sitorus(Wilmar co-founder) got interest in FGV?
http://www.thestar.com.my/business/business-news/2017/04/29/felda-to-unravel-fgv-deal/

Posted by Lee Yih Yeong > May 1, 2017 10:04 AM | Report Abuse
biggest drop for palm oil price after europe band on import. good luck on tuesday

FELDA Global Ventures Holdings Bhd (FGV) is entitled to receive a sizeable compensation for relinquishing its rights to manage the landbank belonging to the Federal Land Development Authority (Felda) should the current land lease agreement (LLA) be terminated.
Read more at http://www.thestar.com.my/business/business-news/2017/04/29/fgv-entitled-to-compensation-for-land-transfer/#2dz8LThCLH287UHq.99

Cancel land lease mean FGV no need to pay yearly RM 250 million to Felda and share 15% of annual profit.
http://www.thestar.com.my/business/business-news/2017/04/29/fgv-entitled-to-compensation-for-land-transfer/

Datuk Chai bought at 13 sen and above so 12.5 sen still cheap.
http://klse.i3investor.com/servlets/stk/annchdr/0165.jsp

CNY bonus 3-6 months already accounted in Dec'16 QR?

Even latest QR EPS 0.9 sen "really good"? How abt dividend?
http://klse.i3investor.com/servlets/stk/fin/5238.jsp

The format change. Unlike 2013 1 not allowed to trade(meaning must own the stocks from 1st Jan until Dec 31st) from 2014 onwards. You can refer to KYY complain about this as well.

Posted by probability > Apr 30, 2017 04:52 PM | Report Abuse
limch..after that you stop participating in the yearly competition? why?

Difference between us and OTB is he is remiser whereas myself, stockmanmy, KC or whoever are not so KYY cannot approach us. In fact I beat OTB in 2013 TKW stock competition using id rlch but why he never mentioned at all.

Posted by Ooi Teik Bee > Apr 30, 2017 04:06 PM | Report Abuse

stockmanmy,

I am very sure you cannot beat me in term of money made from stock market. This is a fact here, no matter how you twist the story.

Please do your homework before you talk, twist and turn will not earn your respect from readers in I3. I will look down on you if you do not talk with facts and figures especially you bullshit on your strategy.

If you are so good, someone will approach you to help him to make money.

I stop here, no more comment from me.

Thank you.

Yours sincerely,
Ooi

YTD XOX gain 25%. If 20 sen does come 1 can gain 100% from 1st Jan or 60% gain buying at 12.5 sen.

Good news indeed.
http://www.nst.com.my/business/2017/04/234855/shahrir-felda-open-cancelling-land-lease-fgv

Underinvested means you miss out gain on bull run this year. Many said they make 20% first 4 months 2017.

Agree. Not long ago this year Calvin said he said he only 5% invested in Bursa stocks. Can trust him? Please ask Icon8888 to verify what I said is true.

fast To make your preaching believable, you must have a honest and trustful life testimony and speech. Otherwise, the devil and unbelievers will scoff at Christianity.
30/04/2017 13:03

Rf888 as per your request.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5413833

http://www.thestar.com.my/business/business-news/2017/04/29/felda-to-unravel-fgv-deal/

https://en.wikipedia.org/wiki/Martua_Sitorus

UMW-OG selling stake in NAGA 1 rig at huge loss
http://www.theedgemarkets.com/article/umw-og-selling-stake-naga-1-rig-huge-loss

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5415357

What I read is share buy back 10%. After that possible privatization?

Just bought Dnex and Pworth not qualified to talk big here. Both near year highest totally out in this thread topic.
http://klse.i3investor.com/servlets/cube/post/king36.jsp

king36 Beware of sunset industry.
Beware of Directors overpay themselves and giving NO bonus.
They are at their historical low Not without reasons…
27/04/2017 20:51

If read yesterday released 2016 Annual Report UMWOG already owned 42.28% Icon.

SUBSTANTIAL SHAREHOLDERS ACCORDING TO THE REGISTER OF SUBSTANTIAL SHAREHOLDERS
No. of Shares Held
Substantial Shareholders Direct Percentage (%) Indirect Percentage (%)
Hallmark Odyssey Sdn. Bhd. 497,768,820 42.28 - -
Lembaga Tabung Haji 102,111,868 8.67 - -
E-Cap (Internal) One Sdn. Bhd. - - 497,768,820(1) 42.28
E-Cap (Internal) Two Sdn. Bhd. - - 497,768,820(1) 42.28
Ekuinas Capital Sdn. Bhd. - - 501,081,988(2) 42.57
Yayasan Ekuiti Nasional - - 501,081,988(3) 42.57
UMW Oil & Gas Corporation Berhad 497,768,820(4) 42.28 - -
UMW Holdings Berhad - - 497,768,820(5) 42.28
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5412837

ANALYSIS OF SHAREHOLDINGS(ICON 2016 AR)
AS AT 30 MARCH 2017
THIRTY (30) LARGEST SECURITIES ACCOUNT HOLDERS

4. CITIGROUP NOMINEES (TEMPATAN) SDN. BHD.
- EMPLOYEES PROVIDENT FUND BOARD
32,839,600 2.79
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5412837

If merger fail who has power to object? EPF, minority shareholders or who? How they want to object? Not in EGM?

Posted by Rowie > Apr 29, 2017 10:35 AM | Report Abuse
Lim........deemed interest cos on impending deal announced on 19 Jan. Don't read too much into it

If check more details UMWOG seem already own ICON 42.28% as attached web link. Can those who know more clarify further?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5326965

Don't see any news on Bursa announcement this week but Star news caused fluctuation of both Icon and UMW OG share price.

Posted by offshore > Apr 29, 2017 10:01 AM | Report Abuse
If valuation is too high, then have to negotiate with Ekuinas to reduce the price. Don't think there is anything to announce at the moment until there is an outcome with Ekuinas on revised pricing.

CIMB sees better times ahead after clearing provision burden
Read more at http://www.thestar.com.my/business/business-news/2017/04/29/cimb-sees-better-times-ahead-after-clearing-provision-burden/#UvIAs0OjkfOTuCE6.99

26 MALACCA EQUITY NOMINEES (TEMPATAN) SDN BHD
EXEMPT AN FOR PHILLIP CAPITAL MANAGEMENT SDN BHD (EPF)
5,492,425 0.2%

So total EPF own 17.89 million shares.

I admit I am conned by the IBs' here to choose Vivo. That's why if own only Vivo how to cari makan in 2017?

VivaVivo2017 I own over 20 counters so very hard for me to check every counter detail by details .

Suprise suitor is Wilmar also a plantation giant..

A MAJOR reshuffle is on the cards for the Federal Land Development Authority (Felda) and its plantation arm, Felda Global Ventures Holdings Bhd (FGV), that could see the emergence of a new shareholder in the latter.
Felda is said to be seeking the return of the land that is currently leased out to and managed by FGV because it feels that it can extract higher returns.
At the same time, FGV is also likely to see a new shareholder emerging.
According to sources, the party is said to be an investment vehicle led by Wilmar International Ltd co-founder Martua Sitorus.
“The strategic partner may either simply acquire the shares or inject plantation assets into FGV or both.
“The latter option would suit FGV since it will need a new plantation landbank to work on for its upstream operations should Felda take back its land,” says a source familiar with the negotiations.
Recently, Felda chairman Tan Sri Shahrir Abdul Samad stated that it needed to boost its revenue base and income source, as it requires at least RM2bil to RM3bil annually to carry out its programmes for settlers.
Shahrir also said that it was not happy with the returns from the land being managed by FGV.
New developments planned by the agency include an ambitious affordable housing scheme for settlers, as well as for the construction of new staff quarters. The housing scheme to provide 20,000 units is estimated to cost it some RM500mil a year.
About 335,000 ha from Felda’s total landbank of 850,000 ha are currently run by FGV under a land lease agreement (LLA) which was established in 2012.
If the plantations are transferred back to Felda, it would mean that the LLA between the two parties will come to an end.
On the other hand, FGV had in the past repeatedly expressed its desire to renegotiate the terms of the LLA. The cost associated with the agreement is a huge crutch on FGV since it distorts the group’s efficiency metrics as well as its net income margins (see sidebar).
New ideas
Felda has been exploring new ideas to squeeze more out of its investment assets and maximise its investment in FGV. This proposal is a more cost-effective way to retake FGV’s landbank as opposed to an outright privatisation exercise, which would cost billions of ringgit.
In a recent interview with StarBiz, Shahrir expressed concern over FGV’s slow progress in achieving greater efficiency. He mentioned that bringing the landbank back into Felda was one way of expediting this as part of his “balik asal” (back to the roots) philosophy.
In a related development, it is believed that Felda could also explore reducing its stake in FGV that currently stands at about 33%. In this respect, one name that has emerged as a possible buyer is Sitorus.
Last month, Wilmar announced that Sitorus was stepping down as the group’s executive deputy chairman and would be redesignated as a non-independent non-executive director. Such a deal makes sense for both Felda and FGV. With a new landbank to operate on, FGV can compete on an even playing field with its peers, as it no longer has to pay the RM250mil fixed payment to its parent.
Out of Felda’s total landbank and excluding the 335,000ha held by FGV, another 475,000ha is appropriated to small land holders or Felda’s settlers, while Felda’s own managers operate the remaining 40,000ha of the plantation landbank.
If it is able to secure a brownfield plantation landbank to work on, FGV can also benefit from the lower average tree profile of its crops, as well as lower expenses from replanting efforts. The group will also retain its downstream operations, its trading and logistics business as well as its sugar business.
It is currently not known whether Felda’s stake acquisition in PT Eagle High Plantations Tbk – which owns a large tract of brownfield land - will come into play at some point. However, it is believed that FGV may participate in a managerial capacity in Eagle High at some point.
As for Felda, the agency would be able to consolidate the landbanks in a bid to improve efficiency. By doing this, it can enlarge its revenue base and income source, something Felda sorely needs to achieve its ambitions.
At the same time, the agency would have to bear the cost of replanting in order to improve its landbank’s age profile of around 15 years. FGV has spent more than RM200mil annually in order to replant at a rate of 15,000ha a year. Despite this, around 37% of the landbank under its control still has an old age profile of 21 years or more presently. However, the added cash flow contributions from running its own landbank will help Felda in future fundraising exercises, especially if it intends to raise debt. Shahrir has said that the agency may consider a sizeable long-term sukuk for working capital purposes and for repaying existing loans.

Read more at http://www.thestar.com.my/business/business-news/2017/04/29/felda-to-unravel-fgv-deal/#6dd06LQxCwv4PDbj.99

Felda to unravel FGV deal?
http://www.thestar.com.my/business/business-news/2017/04/29/felda-to-unravel-fgv-deal/

Sorry not CIMB but BIMB also a bank.

VivaVivo2017 Limch how to check that cimb own vivo shares
28/04/2017 22:17

LIST OF 30 LARGEST SHAREHOLDERS AS AT 5 APRIL 2017
NO . NAME NO. OF SHARES %
1 GOLDEN OASIS RESOURCES SDN BHD 717,988,976 22.2%
2 ANG LI-HANN 307,400,743 9.5%
3 HSBC NOMINEES (ASING) SDN BHD
EXEMPT AN FOR JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
84,500,000 2.6%
4 ANNE KUNG SOO CHING 45,900,982 1.4%
5 MOHAMMAD SOBRI BIN SAAD 41,241,975 1.3%
6 RHB NOMINEES (TEMPATAN) SDN BHD
RHB TRUSTEES BERHAD FOR GOLDEN OASIS RESOURCES SDN BHD
39,312,632 1.2%
7 RHB NOMINEES (TEMPATAN) SDN BHD
RHB TRUSTEES BERHAD FOR ANG LI-HANN
33,539,418 1.0%
8 MAYBANK NOMINEES (TEMPATAN) SDN BHD
MAYBANK TRUSTEES BERHAD FOR APEX DANA AL-SOFI-I (ADAS-I) (410325)
23,691,250 0.7%
9 MATHIALAGAN A/L SENGKOTTYAN 19,175,000 0.6%
10 MAYBANK NOMINEES (TEMPATAN) SDN BHD
MAYBANK TRUSTEES BERHAD FOR APEX DANA AL-FAIZ-I (ADAF-I) (410324)
16,458,750 0.5%
11 CIMSEC NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR NG CHIN HONG (BTINGGI-CL)
16,015,100 0.5%
12 TAN AH LOY @ TAN MAY LING 15,800,000 0.5%
13 HSBC NOMINEES (ASING) SDN BHD
EXEMPT AN FOR SKANDINAVISKA ENSKILDA BANKEN AB (UCITS V SWEDISH)
12,836,100 0.4%
14 CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD (PHEIM)
12,400,000 0.4%
15 CIMB ISLAMIC NOMINEES (TEMPATAN) SDN BHD
CIMB ISLAMIC TRUSTEE BHD FOR BIMB I DIVIDEND FUND
11,790,000 0.4%

CIMB says outlook is actually ‘better than it has been’. So 2017 better profit?
Read more at http://www.thestar.com.my/business/business-news/2017/04/28/cimb-says-outlook-is-actually-better-than-it-has-been/#GTduEWqkrTjiq3IZ.99