Posted by dam82 > 2020-12-10 00:24 | Report Abuse

If u cannot get 90% this will drag ...how many months..the longer it is the better with the current CPO price ..by the way write to MSWG those holding FGV ...

Posted by dam82 > 2020-12-10 00:25 | Report Abuse

Till it can't achieve 90% minority can reject ...

Posted by XxxxXzz > 2020-12-10 00:26 | Report Abuse

Ask felda wan own 90% then buy from open market la haha, it's not so easy let them to buy cheap ticket at 1. 3

Posted by dam82 > 2020-12-10 00:30 | Report Abuse

I doubt all those listed as substitute shareholder will sell for 1.3 ..also these people got discount right when listing again write to MSWG ..this Felda doing day light robbery

Posted by Mikecyc > 2020-12-10 00:37 |

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Posted by Mikecyc > 2020-12-10 00:37 |

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Posted by dam82 > 2020-12-10 00:38 | Report Abuse

Write to MSWG ...all this con job ...Azhar another con artist where go chairman letter

Posted by calvintaneng > 2020-12-10 00:53 | Report Abuse

Go to bed early and just continue buying Fgv while cheap on offer

Posted by Mikecyc > 2020-12-10 05:24 |

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Posted by Mikecyc > 2020-12-10 05:29 |

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Posted by Mikecyc > 2020-12-10 05:29 |

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Posted by Mikecyc > 2020-12-10 05:30 |

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Posted by Mikecyc > 2020-12-10 05:36 |

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Posted by Mikecyc > 2020-12-10 05:40 |

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Posted by calvintaneng > 2020-12-10 06:15 | Report Abuse

Very good morning all

This mikecyc has no good intention at all in life except to spam nonsense

The general consensus out there believe that Cpo will hold up well for at least mid 2021

The result of October, November and today 10 Dec (one third of the month) already showed fcpo future reaching new high of Rm3,600

This shows that Fgv is now making 100 percent in profit

These figures are in real time

Posted by calvintaneng > 2020-12-10 06:19 | Report Abuse

Why talk about the few who bought cheap and leave out Top 30 major holders buying at higher price of over Rm4.00 at Ipo and among them are Hong Leong Funds plus 2 Vanguard Funds

Posted by calvintaneng > 2020-12-10 06:25 | Report Abuse

Don't forget that Felda offer price is Rm1.30 and logic tells us at Rm1.21 there is a 7 percent profit already guaranteed
Plus possibility of higher privatisation prices.
Also listing could go on as Felda does not have 90 percent to issue MGO.

So for longer term investing Fgv is certain holders... 9 sen profit is assured and more could be expected.

Posted by calvintaneng > 2020-12-10 06:34 | Report Abuse

So we can treat buying Fgv now as 3x better than bank fd. If price goes up even better

People think opportunity cost because out there got better stocks on offer. If so go ahead and no one is stopping you. You have all the freedom to buy or not

As for us we will continue to hold and buy more on price weakness

And Calvin's operasi tong sampah will now buy from

Rm1.21
Rm1.20
Rm1.19
Rm1.18
Rm1.17
Rm1.16
Rm1.15
Rm1.14
Rm1.13


All the way down

The lower the better
The more the merrier

Naysayers will continue to spam fear for weak hands to give up and throw and strong hands will take over

Posted by Mabel > 2020-12-10 08:01 | Report Abuse

Meow Calvin...

Good morning Calvin and everyone

Mabel sleep like a baby..

Now ready to collect if it drops further..

Yesterday FGV closed at RM 1.22. its a good pull back price to collect. Medium Target price is RM 1.42 Based on Chart Analysis..However the offer from Felda is RM 1.30. I think there will be few more round of negotiation before both parties will agree on the final Price. If not privatise, The target price can close eye above RM 2..

As always do your own diligence and the risk is always on the buyers...

ALL THE BEST EVERYONE!

Mickey Mouse will always be a Mouse. Don't forget to see Dr Ooi at TDM Medical Centre ya..

Long needle Vaccine is waiting for you..

Dr Mabel

Posted by calvintaneng > 2020-12-10 08:01 | Report Abuse

Posted by kelvin61 > Dec 10, 2020 7:48 AM | Report Abuse

Most traders have neglected the super bull run on CPO prices that will bring windfall profits to the Plantation companies. There are still many selling for a song, cheers.


CORRECT!!

FCPO CLOSED AT ABOVE RM3600 MEANS MORE THAN 100% PROFIT FOR ALL PALM OIL COMPANIES

FEB 2021 FANTASTIC RESULTS FOR ALL PALM OIL STOCKS WILL REGISTER HUGE PROFITS

WHY?

ANSWER:

OCTOBER, NOVEMBER & UNTIL DEC 10TH NOW CPO HAS FCPO HAS BEEN HOLDING FIRMLY ABOVE RM3400 TO RM3600

Let's calculate the Feb 2021 figure

October 30 days

November 30 days

December 31 days

Total days of last quarter for 2020 is 91 days

Today is 10th day of Dec

So 2 months & 10 days = 70 days

70/91 = 76.9% of the Feb 2021 results will reflect These Very High Profit months

Even if production of FFB decrease by 10% to 15% the Huge Increase in CPO prices over ride all to Excel

Conclusion:

PALM OIL NOW IN BULL RUN TREND

Posted by Mikecyc > 2020-12-10 08:23 |

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Posted by Mikecyc > 2020-12-10 08:24 |

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Posted by Mikecyc > 2020-12-10 08:27 |

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Posted by Mikecyc > 2020-12-10 08:28 |

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Posted by Mikecyc > 2020-12-10 08:30 |

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Posted by Mabel > 2020-12-10 08:31 | Report Abuse

Mickey, Mummy told you many time to attend classes, you refuse...please go back to school

Felda gave “Conditional Offer” at RM1.30 to KWAP and Urusharta Jemaah.. Nobody knows about what conditions that were...

If the conditions are not met, the deal will not get through...

It's very simple as A, B, C....

Understand?

Meow

Posted by Mikecyc > 2020-12-10 08:32 |

Post removed.Why?

Posted by Mabel > 2020-12-10 08:36 | Report Abuse

On Tuesday, Felda had signed conditional share purchase agreements (CSPAs) with KWAP and Urusharta Jamaah to acquire 13.88% of FGV shares at RM1.30 each.

It then proposed a mandatory takeover offer (MO) for all remaining FGV shares also at RM1.30.

After the completion of the CSPAs, Felda will in aggregate control 52.29% of FGV, triggering the MO.

The completion of the CSPAs is conditional on: (i) Felda receiving and accepting a letter of offer/commitment to finance the proposed acquisition and the proposed mandatory takeover offer, and (ii) confirmation from Felda’s financier/arranger that such financing is available for utilisation/drawdown.

Upon the CSPAs becoming unconditional, Felda will serve the notice of MO to FGV’s board of directors. Forced MO Felda need around 90% . They still need to collect 37% additional share to secure 90% limit ...by then Q4 will be publish if the profit is good then will RM 1.30 still sustainable?

Now go see Top 30' holders of Fgv and you will notice Local Funds like Hong Leong in Top 30. Also world famous Vanguard Fund from USA got 2 position in Top 30.

This undisclosed PAC may include EPF, PNB, LTAT and other Bumi Institution Holders etc as I shared earlier.. When comes to money, confirm an arm length principle will be applied as all these Institutional Holders has their respective investors in their funds.

So there are too many open issues.

Very likely NO GO to take it Private..

Posted by SinGor > 2020-12-10 08:40 | Report Abuse

The offer price is too low (benefit Felda only) So it will come down to EGM Vote. Only minority
shareholders can Vote ( Big boys cannot vote). The catch is here. Between now and egm, Felda will engage Goreng master to sapu as many ikan bilis voting shares as possible. The only way
to "force" ikan bilis to sell is to crash the market price.

Posted by Mabel > 2020-12-10 08:40 | Report Abuse

Thank you Mabel Glove Fantastic Four for giving RM 400 million to Felda

Posted by calvintaneng > 2020-12-10 08:41 | Report Abuse

Posted by kelvin61 > Dec 10, 2020 7:48 AM | Report Abuse

Most traders have neglected the super bull run on CPO prices that will bring windfall profits to the Plantation companies. There are still many selling for a song, cheers.

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-12-10-story-h1537506433-Most_traders_have_neglected_the_super_bull_run_on_CPO_prices_that_will_.jsp

Posted by dam82 > 2020-12-10 08:56 | Report Abuse

How low it can go that's the question now

Posted by Mabel > 2020-12-10 08:56 | Report Abuse

See you at the Top calvin!

Posted by dam82 > 2020-12-10 08:59 | Report Abuse

my guess today it will become penny stock ...

Posted by RRWin89 > 2020-12-10 09:00 | Report Abuse

respect all the sifus here. learn a lot just from comment section. me simple only. its still uptrend and yest. selling not that big. so i stay and wait for the RM 3, before oyhers grab mine. hehe

Posted by RRWin89 > 2020-12-10 09:00 | Report Abuse

*RM 1.30.

Posted by Qj1512 > 2020-12-10 09:05 | Report Abuse

See you at the top, Calvin and Mabel.

Posted by dam82 > 2020-12-10 09:12 | Report Abuse

By EOB they will push down till 1 cause FELDA want everyone sell cheap to them ..Goverment screwing up retailer ...welcome to malaysia

Posted by Wesley Lim > 2020-12-10 09:22 | Report Abuse

Its just an offer, everyone can reject it. Hodl

Posted by Letsfly > 2020-12-10 09:36 | Report Abuse

If push down to 1, we can all also buy for cheap from them with a guaranteed price of 1.30. Then they end up selling off shares for cheap..

Posted by XxxxXzz > 2020-12-10 09:51 | Report Abuse

No more dropping, up soon. Shark should beat the felda haha

Posted by RRWin89 > 2020-12-10 09:55 | Report Abuse

Hehe.

Posted by dam82 > 2020-12-10 09:56 | Report Abuse

Wait and see FELDA have Wahid at their backside SC guy stewing up a listed company

Posted by RRWin89 > 2020-12-10 09:58 | Report Abuse

I dont think shark can lift this counter. too heavy. but once support candle formed at 1.22, evrybody will start buying. . lets see how

Posted by strattegist > 2020-12-10 10:29 | Report Abuse

steady... no worries

Posted by dam82 > 2020-12-10 11:03 | Report Abuse

Seems like price comtrolled

Posted by Mabel > 2020-12-10 11:05 | Report Abuse

A donkey was tied to a tree. One night a ghost cut the rope and released the donkey free.

The donkey went and destroyed the crops in an adjacent farmer's land. Infuriated, the farmer's wife shot the donkey and killed it.

The donkey's owner was devastated at the loss. In reply, he shot dead the farmer's wife.

Angered by his wife's death, the farmer took a sickle and killed the donkey's owner.

The wife of the donkey's owner got so angry that she and her sons set the farmer's house on fire.

The farmer, looking at his house turned into ashes, killed the wife and children of the donkey's owner.

Finally, when the farmer was full of regret, he asked the ghost as to why did it kill them all?

The ghost replied, "I killed nobody. I just released a donkey that was tied to a rope. It is all of you who released the devils within you which resulted into everything bad that occurred thereafter."

Today's media is like that ghost. It keeps releasing donkeys on a daily basis. And people react and argue with each other, hurt each other, without having a second thought.

In the end, the media dodges all responsibilities. So, it's our responsibility to not react on every donkey released by the media and preserve our relationship with our friends, relatives and community.

Posted by Mabel > 2020-12-10 11:11 | Report Abuse

Here we have a Mouse :)

Meow

Posted by Sumalia > 2020-12-10 11:13 | Report Abuse

Nice Story Mabel !!! Eventually the price will swing back up ...

Posted by Mikecyc > 2020-12-10 11:17 | Report Abuse

Date Settlement Price RM
9 Dec 20 3358
8 Dec 20 3366
7 Dec 20 3392
4 Dec 20 3437
3 Dec 20 3332
2 Dec 20 3316
1 Dec 20 3347
30 Nov 20 3305
27 Nov 20 3338
26 Nov 20 3227