Posted by Sinoboy > 2019-03-11 17:40 | Report Abuse

Tongkarat lmfao :))

Posted by Yu_and_Mee > 2019-03-11 17:43 | Report Abuse

If they have holding power or they aim for higher price for mid term, sure not an issue. We never know when is highest and lowest.

Posted by goldminerich > 2019-03-11 19:29 | Report Abuse

Tommorow will uplah.. Got good news. If kwap dont dump the share...

Posted by mf > 2019-03-11 19:51 | Report Abuse

Sell

Posted by Dawneagle > 2019-03-12 00:12 | Report Abuse

My personal opinion only. I THINK KWAP was forced by previous government to buy FGV shares to keep the price high. Now new government, KWAP has the freedom to pair down. Will anyone with right mind, continuously buy shares from company with 1.1bil loss and 1.0 billion loss again.

1.Lucky government change, otherwise they would have forced KWSP to loan 3.5billion for replanting. This kwsp story came from ajib himself.

2. So What happen to the IPO money? The money which was supposed to be use for replanting new trees?

3. How the hutang become 10billion? Mana pergi uni did it?

Too much corruption and kronysm...

Posted by Daily8 > 2019-03-12 08:54 | Report Abuse

Dawneagle, KWAP is selling not only FGV. They are selling Dayang, and lots more. You are right, their losses WERE 1 billion, they are in transition to rebuild the new FGV.

Posted by Daily8 > 2019-03-12 08:55 | Report Abuse

Najib must be charged and sentence to sit in jail to serve as a reminder to everyone in this world.

Posted by Dawneagle > 2019-03-12 09:15 | Report Abuse

Daily8 since this forum is for FGV, i only mentioned KWAP+FGV. I am aware of KWAP disposing other stocks as well. They need to cover the 4billion loan to 1MDB, i assume.

Posted by Tongkarat > 2019-03-12 09:27 | Report Abuse

Kasik gendang lagiii....

Posted by Tongkarat > 2019-03-12 09:27 | Report Abuse

Dung dak ge dung

Posted by Tongkarat > 2019-03-12 09:28 | Report Abuse

Dung dak ge dung

Posted by Tongkarat > 2019-03-12 09:28 | Report Abuse

Dung dung dung dung dung dung dung

Posted by Tongkarat > 2019-03-12 09:29 | Report Abuse

Kasik kompang lagiii....

Posted by Tongkarat > 2019-03-12 09:29 | Report Abuse

Pang pang pang kopang kopang kopang gibing gibing gibing gibing

Posted by Tongkarat > 2019-03-12 09:30 | Report Abuse

Kopang kopang kopang kopang gibing gibing gibing gibing

Posted by Tongkarat > 2019-03-12 09:31 | Report Abuse

Kopang kopang kopang kopang gibing gibing gibing gibing

Posted by Tongkarat > 2019-03-12 09:31 | Report Abuse

Kopang gibing kopang gibing kopang gibing

Posted by Tongkarat > 2019-03-12 09:32 | Report Abuse

Gibing gibing gibing gibing gibing gibing

Posted by Tongkarat > 2019-03-12 09:32 | Report Abuse

Kasik gendang dan kompang together....

Posted by Tongkarat > 2019-03-12 09:33 | Report Abuse

Dung dak ge dung kopang gibing

Posted by Tongkarat > 2019-03-12 09:33 | Report Abuse

Dung dak ge dung kopang gibing

Posted by Tongkarat > 2019-03-12 09:34 | Report Abuse

Dung dung dung dung gibing gibing gibing gibing

Posted by 8888_ > 2019-03-12 09:44 | Report Abuse

Felda White Paper when Azmin Ali will start to talk?

Posted by mohdabdhalim > 2019-03-12 09:58 | Report Abuse

The government will be tabling its White Paper on Felda in the Dewan Rakyat sitting which begins on Monday.

According to Singapore’s Straits Times, the White Paper will centre around RM10billion initial public offering (IPO) of Felda Global Ventures (FGV).

FGV was listed on the KLSE in 2012 and was the second biggest IPO in the world that year with a reference price of RM4.55, second only to Facebook at the time.

Citing financial papers it claimed to have seen, the Straits Times stated that since the IPO, Felda has accumulated RM10 billion in losses and debt of RM12 billion at the end of 2017.

The White Paper on the government-linked company was initially scheduled to be tabled in Parliament on Dec 10, last year, but was pushed to the next Dewan Rakyat sitting this month.

Economic Affairs Minister Mohamed Azmin Ali said this was at the advice of the Attorney-General's Chambers due to pending legal matters.

Azmin had also said his ministry had been working closely with Felda to prepare the document in order to get an "in-depth picture of the crisis" surrounding the agency.

Meanwhile, sources told the Straits Times that the Felda White Paper will also feature several deals being investigated for abuse of power and breach of fiduciary duty.

“The most egregious of these is the decision to spend RM2.3 billion to buy a 37 percent stake in Indonesian planter Eagle High.

“Much of this investment has been written off as Eagle High's share price, already on the slide when the deal was struck in 2016, continued to plummet,” the online report further stated

It added that RM1.8billion in loans was due this year, including RM500million in May.

Former prime minister Najib Abdul Razak had last month blamed current premier Dr Mahathir Mohamad for Felda’s current financial quagmire, saying the latter drove the company to its 2012 IPO listing.
Najib alleged that Mahathir had forced Felda to find its own funding when he cut Felda funding back in 1996 when Mahathir was the fourth prime minister.

“They (Felda settlers) urged me to take proactive measures, which were to borrow funds and list FGV on the stock market to finance large-scale replanting costs, and to help the welfare of settlers.

"Had I not done so, the plants would have aged and yield would have dropped, leading to Felda's possible disappearance in one or two decades," Najib had said.

Posted by Tongkarat > 2019-03-12 11:15 | Report Abuse

Dung dak ge dung kopang gibing

Posted by Tongkarat > 2019-03-12 11:15 | Report Abuse

Dung dak ge dung kopang gibing

Posted by mywan10 > 2019-03-12 11:17 | Report Abuse

wahh mambang ketuk kompang

Posted by Tongkarat > 2019-03-12 11:35 | Report Abuse

Kasik meriah sikit kat kebun sawit mywan10....

Posted by Tongkarat > 2019-03-12 11:44 | Report Abuse

Dung dung dung dung dung gibing gibing gibing gibing

Posted by Tongkarat > 2019-03-12 11:45 | Report Abuse

Dung dung dung dung dung gibing gibing gibing gibing

Posted by Tongkarat > 2019-03-12 11:45 | Report Abuse

Sawiiiiiiiiiittttttttttttt.... sawiiiiiiiiiittttttttttttt

Posted by 5354_ > 2019-03-12 11:47 | Report Abuse

PH members still collecting so delay in presenting Felda White Paper?

Posted by 5354_ > 2019-03-12 11:50 | Report Abuse

If KWAP always right why Dayang still can fly after they no more substantial shareholders?

Posted by 5354_ > 2019-03-12 11:51 | Report Abuse

The sooner KWAP no more in FGV the sooner FGV can fly like Dayang?

Posted by Tongkarat > 2019-03-12 11:53 | Report Abuse

Mambang sawit kutip biji sawit....

Posted by Tongkarat > 2019-03-12 11:54 | Report Abuse

Dung dak ge dung kopang gibing

Posted by Tongkarat > 2019-03-12 11:54 | Report Abuse

Dung dak ge dung kopang gibing

Posted by Sinoboy > 2019-03-12 12:05 | Report Abuse

Tongkarat, you sound upbeat and positive :))

Posted by Tongkarat > 2019-03-12 12:20 | Report Abuse

Yesssss Sinoboy.....its worth it to collect biji sawit....

Posted by Tongkarat > 2019-03-12 12:21 | Report Abuse

The downside risk is very limited but the upward potential is marvellous....

Posted by Tongkarat > 2019-03-12 12:21 | Report Abuse

Dung dak ge dung kopang gibing

Posted by Tongkarat > 2019-03-12 12:22 | Report Abuse

Dung dak ge dung kopang gibing

Posted by mywan10 > 2019-03-12 12:24 | Report Abuse

The downside risk is very limited but the upward potential is marvellous.... Woowwww mambang pasti?...

Posted by aloha > 2019-03-12 12:25 | Report Abuse

Accumulation mode

Posted by Tongkarat > 2019-03-12 12:31 | Report Abuse

Mambang sawit is definitely positive....kepastian teguh

Posted by Sinoboy > 2019-03-12 12:45 | Report Abuse

Roger that :))

Posted by mywan10 > 2019-03-12 12:56 | Report Abuse

ok.. sell everything to buy fgv

Posted by henry888 > 2019-03-12 13:15 | Report Abuse

Below is my earlier comments.
"Quite substantial amount of shares sold by KWAP.....who bought KWAP's shares. Logically, if want to privatize, Felda or relevant body appointed by Government should have already in the process of collecting shares from the open market so as to save the total buy up and the offer price should be agreeable by the shareholders in particular the Felda settlers."

Posted by henry888 > 2019-03-12 15:54 | Report Abuse

Bo....................ring............

Posted by racheal817 > 2019-03-12 16:06 | Report Abuse

white paper is to save Felda/FGV.
Coming by-election, current price is too ugly to win.
New management give +ve move.
New quarter result could be better than previous, at least.

are these good sign to start collect?