#Tango123 FGV 'buying' from KWAP, Jemaah (Tabung Haji SPV) & KPF at 1.30 to become mejority shareholders (more than 50%).
Next stage Felda will offer higher price to minority shareholders in order for the MGO. Unlikely to be lower than 1.30. Those holding FGV keep your shares and you'll enjoy bumper harvest. Let Felda comes out with its offer as MSW will advise whether to accept or not on their price. There is a market price for the MGO and it will be a win-win situation for Felda and the minority shareholders. Be patience and wait. Timing is right. Congratulations to all FGV share holders!
Cheers! 08/12/2020 8:59 PM
Guys,
I think the above comments from Tango123 sum it all pretty nicely...
The Big Money is not in the Buying or Selling, BUT in the Waiting...
#another77 Remind me of MAS once upon a time said is worth RM7 but share price only 60 cts.. 08/12/2020 10:28 PM
MAS was a bailout.
FGV is not a bail out. FGV is a turnaround company and they have done lots of things to turn around the company as per team commented above. Plus current prevailing CPO and future FCPO and all the fantastic demands coming up pipelines as shares by our great Calvin..
It's two different cases.
Mabel profited from MAS exercises. Many were selling but Mabel collected lots of MAS shares just before Khazanah decided to take it back.
newbie5354_... Felda, KWAP and Urusharta Jamaah are 100% controlled by the Government and they are only solely responsible to the Government as the stakeholder. As such, the Government is free to decide on their course of action.
Whereas PNB are responsible for the unitholders under their unit trusts and EPF are responsble to its members.
Thats why Felda could not simply offer and acting in concert with PNB and EPF. Felda needs to make an official Takeover Offer to PNB, EPF and other minority shareholders through General Offer via Investment Bank which is acting as its Advisor.
business sense. 1.30 offer by felda is to save cost. Felda also not that rich right? how to offer higher price? the most the offer lapse and remain listed entity. will the price stay above rm1.30 after the offer lapse? correct?
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....
Heather19
100 posts
Posted by Heather19 > 2020-12-08 22:11 | Report Abuse
Can I summarize this?
1. Felda today declared Fgv is worth more than 1.3.