@Heavenly PUNTER... I did not budget at all... I just enjoyed my vacation with my wife since money is not of any concerns to me.... The situation over there is under control and the tourist are well taken care of....
@Newbiesky....it is still good entry level between 1.15 - 1.18 as this band provide the mean of the support level with standard deviation of 0.75.... that is strictly based on my own evaluation....
@Tongkarat, what you think Felda will do to solve its own problem? 1) Terminate just the LLA (Land Lease Agreement. or 2) Give a general offer to privatise FGV.
@RVI123..... Felda is like other government agencies such as Felcra, Risda, Kejora, Mardi etc etc... They are all under the government's purview.
Government may undertake to merge Felda with Felcra and/or Risda or whatever measures that it deems fit. Maybe the government could also vary the terms of the LLA as it has the power to do so...
It is much better for us to wait for the tabling of the White Paper in Parliament to see the government intention and possible solutions...
What I can say is that based on my experience and knowledge, Risda is very flush with cash and the last time I reviewed it's accounts, it has more than rm5billion cash.... Since Felda and Risda are both under the same ministry, it would be beneficial for both to merge.... that is my view...
"The government is considering bailing out Felda to the tune of 3 billion ringgit. This news comes ahead of the Felda white paper which will be tabled in parliament within the coming weeks. Khor Yu Leng weighs in on this."
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....
Heavenly PUNTER
2,613 posts
Posted by Heavenly PUNTER > 2019-03-31 14:35 | Report Abuse
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