alrdy won the voting, alrdy retained his power, already cleared the uncertainty, but still cannot ....
don't want to restore investors confidence, keep investors in doubt .... but keen in pouring money in unproductive fields, no wonder Fitch downgraded his rating, glory not enjoyed by every leader!
dont say the best FD rate the best in the world. you scare away the depositors. must say once in a lifetime special FD interest rate from FGV. correct?
If in year 2005 felda settlers selling lands could turn 508 poor farmers into millionaires
Now 15 years have passed and many more new highways like Pan Borneo highway, Plus North South highway, Central spine highway, East west highway, Pasir gudang highway, Gemas-Jb railway, West coastal highway and current Ecrl Tumpat to Port Klang railway all opening up precious Felda lands
508 felda settlers sold lands in Labu after a kl-Seremban stretch of Plus highway was opened then and all turned into millionaires
Please come to our Fantastic State of the Art TDM Medical Centres.
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, also Halal. China one got Bruce Lee Kung Fu - Enter the Dragon Vaccine while the American one got Chuck Norris Karate - Fist of Fury Vaccine
Both are fantastic vaccine that will cure Mickey Mouse for good...
OK CALVINTANENG, I AGREED WITH U ON THE LANDBANK VALUATION. 2005 UNTIL NOW THEY NO DO ANYTHING BECAUSE PEOPLE AT THOSE DAYS ARE V INNOCENT. NOW FGV STARTED TO TURN PROFIT. WHY THEY SUDDENLY ? MAYBE GOT DIAMOND COMING OUT SOON. BUY LAH BUY NO WORRIES, GOV PUNYA PASAL.
the defensive nature of targeted take over is proven in time of market correction. many will seek for protection, a safe heaven fgv offer no only capital protection, but also at least 10% return in 3-6 month time + dividend policy 50% payout + special dividend or revise take over price.
stay safe and have peace of mind ahead of market correction.
With a positive mind like Sifu Calvin, strattegist, Dr. Mabel ............every morning we investors find opportunity with everything they say BUT with tikus JAMBAN who has a negative mind everyday and who finds fault with everything will doom investors. So please ignore this TIKUS JAMBAN.
don't simply mislead people with land valuation... Land advertised in Plentong at Rm85 per sq ft is because location of this piece of land is near to JB , the price is inclusive of the premium for its potential to be develop into township. if it stays purely as plantation land, well, the most you get is Rm90k per hectare = Rm0.80 / Sqr feet
i don't deny the fact current book value of FGV land is under value, in fact, most plantation companies book value of their land are under value as most do not re-value the land for quite some time...but we need to bear in mind it is how the company generating profit from the land that gives value to its share price...historically, high price cycle for CPO price will not last forever, so, the question we should ask b4 putting money in FGV (and any other plantation companies), is when the cpo price drop back to Rm2000, can the company still be profitable
why talk land value while we are waiting Felda official letter of offer at rm1.30. no benefit at all unless you all have no intention to accept the Felda offer. Correct?
I don't think in Plentong there is land selling at 80 sen psf . Even if got at 80 sen psf also nothing compared to Fgv lands valued at 7.2 sen psf book value
That is already more than 1,000% increase if Fgv just revalue to 80 sen psf and book them as profit
Fiamma, Seacera and Oka revalue lands and book them as profit
Fgv if revalue all it's lands the Nta should be Rm7 to Rm10 or higher today
now we are talking FD in FGV only. Other talk land valuation is not applicable now as the offer is within 3 mths once Felda get the sukuk loan backed by TSMY whole gorvernment. You think rm1.30 offer will proceed or not? Correct?
Posted by investory321 > Dec 18, 2020 11:14 AM | Report Abuse
i don't deny the fact current book value of FGV land is under value, in fact, most plantation companies book value of their land are under value as most do not re-value the land for quite some time...but we need to bear in mind it is how the company generating profit from the land that gives value to its share price...historically, high price cycle for CPO price will not last forever, so, the question we should ask b4 putting money in FGV (and any other plantation companies), is when the cpo price drop back to Rm2000, can the company still be profitable
if you want to reject the offer. just dont accept lah. you can keep until felda accepted 90% from minority. if hit then you have no choice have to accept also lah. else become private shareholder not public traded shareholder. if not hit 90% fgv remain public listed lah. Now too early to tell whether all the minorities will accept or not. for sure I will accept lah. correct?
if the land is commercial or residential title sure it is worth more than 80 cents PSF, the advertised land is plantation land, if you check transaction record of plantation land past 2 years, it is transacted between Rm70k - Rm90k per hectare (depend on trees profile)...the advertise price of Rm85 PSF is factor in the potential to convert the land title to commercial or residential title for future development due to its vicinity to JB (once develop into commercial or residential properties you can sell it at at least Rm500 PSF, that is provided you actually have money to develop the land and it will takes few years or even decades)
yes i never deny FGV current book value of their land is under value, most plantation companies too, however, they certainly not be able to sell at Rm85 PSF...value of the company derives from whether they able to generate sustainable profits using the assets they have rather than purely base on holding of under value land assets
calvintaneng I don't think in Plentong there is land selling at 80 sen psf . Even if got at 80 sen psf also nothing compared to Fgv lands valued at 7.2 sen psf book value
That is already more than 1,000% increase if Fgv just revalue to 80 sen psf and book them as profit
Fiamma, Seacera and Oka revalue lands and book them as profit
Fgv if revalue all it's lands the Nta should be Rm7 to Rm10 or higher today
@pineapple123... granted that the IPO was at 4.55... but did you know that the price went up to as high as 5.40 and it was lingering above 5.00 for quite sometime...
I was personally alloted with 2m shares and I sold all between 5.00 and 5.20 as I perceived that was the most fair value of FGV under various kind of valuation techniques... So... is there a need for compensation???...
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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....
Mabel
24,511 posts
Posted by Mabel > 2020-12-17 15:12 | Report Abuse
Remember FGV is the 2nd Biggest IPO in the world.
Government and Big Major Stakeholders will take care of this company.
As Calvin said, we are investing on FGV not Felda...
Please scroll up what shared earlier..
FGV is unstoppable and full of value...
The best FD in the world!
Meow