The chart shows bearish trend in the near term. But whatever it is, it is your money and u have to decide and dont blame others.
What is a Gravestone Doji A gravestone doji is a bearish reversal candlestick pattern that is formed when the open, low, and closing prices are all near each other with a long upper shadow. The long upper shadow suggests that the bullish advance in the beginning of the session was overcome by bears by the end of the session, which often comes just before a longer term bearish downtrend.
@sharingfoz...i think a Gravestone Doji is a stick your mother use to put inside her to please herself...so if you think you can please yourself by some weird lessons you learn..please tell about how your mother uses a cucumber or brinjal to pleasure herself
@kaka22 pls dont use such words. We are here to have healthy discussion. Fyi, i am still holding fgv which i bought below 95 sen. Pls use normal name as kaka22 just registered with only i post. If you cannot accept others view better not discuss here.
i think you guys overestimated azmin, the white paper is at most a show only. U will be disappointed. Which politicians are real talent, which aren't I know, who are those that are garbage grade i also know. The problem felda faced isn't something that can be changed overnight. True reform itself will incur settlers wrath, but dont do it, nothing gets done. So what do politicians do? they always tend to take the easy route, kick the can down the road.
my opinion is no privatization. What price u want to privatize? Remember the settlers IPO price i think was 3 or 3.5? How much is its asset worth now? U want to privatize at a higher price or lower price? Either way there will be problem.
if u look at top 10 shareholders, CIMB Bank ranked no 8 with 1.8% or 36.6 million shares. Is it because of settlers cannot pay the loan which they pledge fgv shares, then the shares were transferred to CIMB Bank?
shares issued 3.65 billion of which about 34% (1.23 billion shares) owned by FELDA. So if u minus FELDA the remaining shares are 2.42 billion shares. So to get the total cost of privatisation u just times 2.42B with the price. I dont want to give example on the price as it will be subject to bashing from haters or somebody who cannot accept others' views.
The issue is who wanted to go for listing....1. Felda settlers....2.Felda.......3. Gov't..... Nevertheless, we have to take care of the felda settlers' livelihood otherwise will have economic repercussions and stability.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Sinoboy
2,131 posts
Posted by Sinoboy > 2019-02-22 00:29 | Report Abuse
Fgv's new board needs time to revamp things, hopefully the turnaround is visible in the next Q result :))