Hold tight to your shares & wait for increase of the offer price. No way to delist with current offer price. The ultimate objective of Felda is to terminate the land lease agreement & take control back on the land use.
risk free FD. Managed to deposited earlier with good FD rates. Thank you to all jaga reban sawit without fail day and nite one from tikus curi makan sawit fgv. Correct?
the delisting of FGV will only go through if Felda and its associates are able to acquire in aggregate 90% or more of FGV's shares in the takeover offer at RM1.30 per share.
game over or not? not yet known. wait for minorities response whether accept at rm1.30 offer or not. also depend on felda whether really desperate to delist fgv or not. correct?
The acquisitions would raise Felda's stake to 50.49%!!! Unless minority can beat 50.50% , better keep quite and accept the take over offer !
game over or not? not yet known. wait for minorities response whether accept at rm1.30 offer or not. also depend on felda whether really desperate to delist fgv or not. correct?
alamak tak erti faham lagi.......50.49% cukup utk mandatory TAKE OVER tak payah mminority shareholder vote....
FGV offer come sooner than expected, already locked all profit at 1.28 early mooring, free up capital and margin line. FGV current upside is limited unless revise takeover price. Thus, locked profit and swap to other higher potential stock is better.
use common sense to work out what if felda really want to revise the price to entice all to sell to felda and get privatise done. anyone ever workout the most likely revise offer price? Correct?
I saw this type of acquisition 1000 times ( same method same Banker ) First they push down then up to offer 1.30. Then Down. In 6 months time when 90% of Ikan Bilis Sold. EGM to delist FGV is just a formal show ( really not required.....Mandatory Delist is in Order )
Your shares will be transfer into a BerHad Co. under Felda. You Cannot Sell in Bursa except to Felda also at 1.30.....DonT be like a Sohai
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....
hng33
20,528 posts
Posted by hng33 > 2020-12-23 08:54 | Report Abuse
Get ready to locked all profit in FGV now