FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

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Last Price

1.09

Today's Change

+0.01 (0.93%)

Day's Change

1.08 - 1.09

Trading Volume

104,900


35 people like this.

49,339 comment(s). Last comment by speakup 3 days ago

saumei

19 posts

Posted by saumei > 2021-03-15 10:56 | Report Abuse

If I did not sell my share by today, what will happen, will it be delisted??

DaitoRyu

1,459 posts

Posted by DaitoRyu > 2021-03-15 11:10 | Report Abuse

Lots of people are still holding, including me. That's why they haven't reached the required amount for delisting. I don't think anyone knows what the plan of action is, if the required amount is not achieved. However, it's my understanding that it can not be delisted, unless the full amount is achieved. Hold.

saumei

19 posts

Posted by saumei > 2021-03-15 11:23 | Report Abuse

Have they reach the percentage yet today - 90% or 75% for their mandatory takeover

strattegist

23,459 posts

Posted by strattegist > 2021-03-15 11:30 | Report Abuse

going to enjoy my dividend... staying put with FGV

Why_

794 posts

Posted by Why_ > 2021-03-15 11:36 | Report Abuse

MSM >3X from Dec'20; GO price still 1.3?

Why_

794 posts

Posted by Why_ > 2021-03-15 11:39 | Report Abuse

Delisting FGV no more?

Why_

794 posts

Posted by Why_ > 2021-03-15 11:39 | Report Abuse

FGV listing not caused govn(BN) downfall in GE14?

Why_

794 posts

Posted by Why_ > 2021-03-15 11:43 | Report Abuse

Undi 18 a priority not Felda settlers?

Posted by atlantisbear > 2021-03-15 11:46 | Report Abuse

fgv is actually a group of profitable department from felda. thats why they start at 4.++. even after the snakes swindle the money dry, fgv will grow again quickly. thats why i'm not worried. remain listed or delisted, i'm keeping my share.
dividend will be good. imagine the share drop from 4.++ to 1.3 but still manage 3cent dividend

Posted by atlantisbear > 2021-03-15 11:54 | Report Abuse

what left for felda are just the suam2 businesses. sharing the profit from shareholders. even if all fgv profit belongs to them, they struggle with debts. its difficult to create profitable business, the easy way is to buy back fgv. thats is my 2cent. may be true, or not . . .

strattegist

23,459 posts

Posted by strattegist > 2021-03-15 12:11 | Report Abuse

staying put with FGV would entail you with more benefit... Whatever bonus and dividend being declared you would be entitled to them as well... Shareholders would be taken care first before the settlers since shareholders are the owner of FGV collectively with the Government...

Why_

794 posts

Posted by Why_ > 2021-03-15 12:13 | Report Abuse

74.08% acquired by Felda(as at 10th Mar) mentioned as 77% by Mustapha Mohamad and Maybank?
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3137987

Why_

794 posts

Posted by Why_ > 2021-03-15 12:16 | Report Abuse

RM 1 trillion debts is bankrupt US no bankrupt?

Why_

794 posts

Posted by Why_ > 2021-03-15 12:17 | Report Abuse

if 1.3 not enough to privatise why not 2.3-3.3?

Why_

794 posts

Posted by Why_ > 2021-03-15 12:30 | Report Abuse

UMNO want to contest in Jeli? 1.3 not good offer to Felda Settlers?

Why_

794 posts

Posted by Why_ > 2021-03-15 12:36 | Report Abuse

MSM share price surge and FGV privatisation intrigues
https://www.theedgemarkets.com/article/msm-share-price-surge-and-fgv-privatisation-intrigues

Mabel

23,921 posts

Posted by Mabel > 2021-03-15 13:02 | Report Abuse

#Why_ 74.08% acquired by Felda(as at 10th Mar) mentioned as 77% by Mustapha Mohamad and Maybank?
https://www.bursamalaysia.com/market_information/announcements/company...
15/03/2021 12:13 PM

Now you understand why Mabel never used the figures from Maybank as they are are all interested parties.

Mabel prefer to use data from Bursa as they are neutral ...

Never trusted the IBs after my experience in Gloves Adventures..

Meow Meow Meow

zackboy

243 posts

Posted by zackboy > 2021-03-15 13:05 | Report Abuse

Felda, the government, IB and media colluded to entice shareholders selling their FGV shares.

Azshah

53 posts

Posted by Azshah > 2021-03-15 13:08 | Report Abuse

the offer at 1.30 is clearly undervalued. With the current CPO price at RM4,000, I won't accept the offer. will hold on to it. Felda unlikely to delist with just 77% shareholdings.

saumei

19 posts

Posted by saumei > 2021-03-15 13:18 | Report Abuse

See most of you hold on to share and share information here, so will hold on and not sell and see
whatup tomorrow. TQ

strattegist

23,459 posts

Posted by strattegist > 2021-03-15 13:32 |

Post removed.Why?

Posted by Lukey_Greek > 2021-03-15 14:36 | Report Abuse

FGV will stay listed in Bursa. Let wait for today's announcement.

All the selling pressure below 1.30 has been absorded by MGO. Bright sky ahead. Hope it follow the footstep of MSM to lead the plantation theme play.

strattegist

23,459 posts

Posted by strattegist > 2021-03-15 14:47 | Report Abuse

steady

Hidup_PN

571 posts

Posted by Hidup_PN > 2021-03-15 15:33 | Report Abuse

1.3 forever cannot drop below price?

Posted by atlantisbear > 2021-03-15 15:56 | Report Abuse

in order to drop, someone have to sell low. we are the last.

EVO118

2,094 posts

Posted by EVO118 > 2021-03-15 16:11 | Report Abuse

Felda has got lots of shares to short this since it is not going to get to 90%, if they want to!

Posted by atlantisbear > 2021-03-15 16:23 | Report Abuse

even if fgv only doing animal feed business, the share price will be more than 1.3

strattegist

23,459 posts

Posted by strattegist > 2021-03-15 16:39 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-03-15 16:40 | Report Abuse

20 minutes left... stay cool

strattegist

23,459 posts

Posted by strattegist > 2021-03-15 17:18 | Report Abuse

thats it.... stay cool and relax

Mabel

23,921 posts

Posted by Mabel > 2021-03-15 18:34 | Report Abuse

This announcement is dated 11th March 2021

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3137987

Undisclosed Felda PAC bought 4,119,600 ​shares on the open market between 11th -15th March 2021 (assuming all the shares are bought by Felda)

Hence FGV Shareholding EOB Shares dated EOB 15th March 2021 (GO Closing Date)

Undisclosed Felda PAC Team = 2,706,657,942 (74.20%)
Private Investors Team = 941,342,058 (25.80%)

Welcome for comments from the Team


Meow

Posted by Silly_money > 2021-03-15 18:54 | Report Abuse

Did they managed to reach the acquisition threshold?

weiyiploh

16 posts

Posted by weiyiploh > 2021-03-15 18:55 | Report Abuse

should buy more tomorrow?

Posted by atlantisbear > 2021-03-15 18:59 | Report Abuse

how many felda manage to buy today?

Posted by atlantisbear > 2021-03-15 19:24 | Report Abuse

that was 12 march. publish today. 3days delay. maybe we only know on the 18th

Mabel

23,921 posts

Posted by Mabel > 2021-03-15 19:47 | Report Abuse

Please read my posting line by line..

It's all there...

EVO118

2,094 posts

Posted by EVO118 > 2021-03-15 19:49 | Report Abuse

Don't worry they need at least 500m+ shares to get to 90%, not 1m or 10m a day. Even if all the shares on the market are bought at a higher price and then accept the GO at 1.30 they are still not going to make it. Tok Pa must be living in a dream world. Talk is easy only 13%, trying to get it is not that easy.

Posted by atlantisbear > 2021-03-15 19:52 | Report Abuse

this 13% never sell low

EVO118

2,094 posts

Posted by EVO118 > 2021-03-15 20:00 | Report Abuse

Won't be long. We will know by end of trading tomorrow. I am just stating a fact that there are not enough shares on the market for them to get over the threshold unless the buying price for tomorrow is all of a sudden, for some unknown reason over $3.00. Even then it is a big IF.

Laiks1970

40 posts

Posted by Laiks1970 > 2021-03-15 20:27 | Report Abuse

80.99%..privatisation fail.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2021-03-15 20:58 | Report Abuse

Congrat retailers has won !

dam82

2,201 posts

Posted by dam82 > 2021-03-15 21:20 | Report Abuse

been while i checked by FGV ...indeed 2morow is D-Day .... waiting if the gamble paid off ....

Posted by Lukey_Greek > 2021-03-15 21:42 | Report Abuse

Congrats all the retailers who are knowledgeable & dare to hold the shares till now.
Because of us FGV remained listed & being transparent with its account & policies.

spchia

107 posts

Posted by spchia > 2021-03-15 21:58 | Report Abuse

Will there propose to take over again?

5354_

4,766 posts

Posted by 5354_ > 2021-03-15 22:21 | Report Abuse

Felda fails to garner enough acceptance to take FGV private
https://www.theedgemarkets.com/article/felda-fails-garner-enough-acceptance-take-fgv-private

5354_

4,766 posts

Posted by 5354_ > 2021-03-15 22:22 | Report Abuse

Following the unsuccessful attempt, Felda will now have to address the issue around FGV's public shareholding spread. Bursa Malaysia requires a public shareholding spread of 25%, as opposed to 19% in FGV currently.

Razif88

5 posts

Posted by Razif88 > 2021-03-15 22:26 | Report Abuse

After MSM they need to push Encorp to buy our FGV

DaitoRyu

1,459 posts

Posted by DaitoRyu > 2021-03-15 23:13 | Report Abuse

Lets wait and see what card they play next, they will probably play the Joker first. Don't bite on it.

strattegist

23,459 posts

Posted by strattegist > 2021-03-15 23:21 |

Post removed.Why?

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