Date Settlement Price RM 11 Dec 20 3410 10 Dec 20 3403 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
#supersinginvestor The stupid cat mabel very kuat tipu.lie snd goreng..pity u lost so.much money until gone mad aldy. 15/12/2020 7:50 AM
This superstupidinvestor really got the nerve coming barking here.
Came barking here talk big about Public Bank. Little did he knew that Mabel has been on board in Public Bank when he was still a puppy. The truth is he has no share in Public Bank. Rupa nya baru nak beli..
Came here promoting PPB...Lose Big time...
Came here talked down Gloves when he was already kicked out from Glove for being too pussy..
Our offers still stand. Come to our TDM Medical Centre. Our Dr Ooi is still waiting patiently with long needle vaccine from Mabel MyeG and Dphama.. Mickey can choose which vaccine you prefer as we have one from China which is Halal and one from America...
China one got Bruce Lee Kung fu while the American one got Chuck Norris Karate
Both are fantastic vaccine that will cure Mickey Mouse and SSI Dog for good...
Est privatization plan will be failed as many investors feel con. Remains status quo and market force decide whether to feed management and bod continuously.
FGV no drop, how we collect and earn more? Have offer at 1.30, drop more earn more.. either that or, you look at cpo price now, which is 3750, which is super bullish. Expect a super quarter even if the 1.30 deal dont go through! Only a fool will agree what supersingsongtalkcockinvestor said.
Let Jojobaa explain that the difference in FGV's share price of RM1.17 and the potential MGO price of RM1.30 represents a risk arbitrage trade PROVIDED one assumption is fulfilled.
Felda's purchase of shares agreement from Urusharta and KWAP is premised upon bank's support for proof of funds for both the proposed acquisition of shares and the ensuing proposed MGO. The MGO has become unconditional as Felda would have crossed 50%+1 share of FGV with the purchase of the shares, thereby becoming the controlling shareholder. Shareholders are free to choose to accept, or decline the RM1.30 offer but as long as Felda obtain a letter of support for financing for the MGO, shareholders are guaranteed a payout of at least RM1.30 if they accept Felda's MGO.
Now the only thought that investors have to process is, is Felda going to obtain the support of financial institutions. If not, what will FGV's share price fall to if they fail to obtain that? Jojobaa thinks that while it is not a perfect risk arbitrage at RM1.17, Jojobaa thinks that there is limited downside should the proposals fall through due to CPO price nearing a 5 time high, and good 12% upside at RM1.17, in a timeline of 3-4 months.
Felda more or less will have the fund required to acquire all the minority acceptance of Felda offer at rm1.30. as the fund is backed by Gorvernment. There is no reason it will not get the fund required. Correct?
To ensure Felda achieves financial strength and sustainability, the Cabinet on Oct 14 approved Felda’s recovery plan,” he said.
Among the proposals approved were the issuance of government-guaranteed sukuk amounting toi RM9.9 billion, of which RM6.0 billion would be used to reduce Felda’s debt burden and the rest to boost its core revenue through the acquisition of FGV’s shares and termination of the land lease agreement.
i3lurker Mabel average price should be below 90 sen totally not surprised if Mabel doing the dumping today
wink wink 15/12/2020 5:05 PM
i3lurker,
As Letsfly said, "FGV no drop, how we collect and earn more? Have offer at 1.30, drop more earn more.. either that or, you look at cpo price now, which is 3750, which is super bullish. Expect a super quarter even if the 1.30 deal dont go through! Only a fool will agree what supersingsongtalkcockinvestor said".
I'm actually still in accumulation mode for FGV ...it's the Best FD in town...
FGV is Full of Value ...that's why Mabel need to be bit patience with FGV...
Like Mabel said, the big money is not in the buying and selling, but in the waiting...
Meow..
P/S No need to wink one..Mabel always play straight card as Mabel got nothing to hide..
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....
Mikecyc
47,016 posts
Posted by Mikecyc > 2020-12-15 05:25 |
Post removed.Why?