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.
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
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 . . .
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...
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.
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.
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.
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.
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.
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....
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??