Blog: Felda defends London property as a good buy

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3 comment(s). Last comment by Kamaru BahariBakar 2013-10-05 14:11

p911

6 posts

Posted by p911 > 2013-10-05 12:38 | Report Abuse

hmmmm

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-10-05 12:41 | Report Abuse

Honestly speaking....I don't feel good....My rationale...Property is not their forte etc.....

Kamaru BahariBakar

267 posts

Posted by Kamaru BahariBakar > 2013-10-05 14:11 | Report Abuse

FGV is always wrong because they always overpaid while trading e.g. Buy Pontian Plantation 1.2 billion vs fair value under $1 billion, Buy Iris Berhad $0.27 per share VS fair value $0.24, Buy 2nd Building, London (Dispose by Sime Darby) with unfair price, pay dividen via selling asset.

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