When Amprop was 54.5 sen Datuk Hashim of AmBank offered 90 sen to take it private
A check with Land Assets of Seabana Cove the book value only Rm2.50 psf Current market value is between Rm40 to Rm50 psf
So from 54.5 sen he upped 65% more to 90 sen is very fair
A Check with the Palm oil land holdings of FGV in Johore & all others should an average Book Value of on;y Rm3,150 per acre (1/3 of FGV lands belong to FGV & not Felda)
ONE ACRE IS RM3,150
How much psf?
Divides Rm3,150 by 43,560
= 7.2 sen psf
YES! FELDA LANDS IN JB ALL HAVE AVERAGE VALUE OF ONLY 7.2 SEN
FGV ONE OF WORLD'S BIGGEST PALM OIL & RUBBER HOLDERS HAVE A BOOK VALUE OF ONLY 7.2 SEN PER SQ FT
IF FGV IS NOT UNDER RATED OR UNDERVALUE THEN WHICH STOCK CAN CLAIM TO BE MORE UNDERVALUE?
Rm1.3 privatisation not fair. But what you can do? Its call mandatory privatisation when one organize hold 90% of state. You don't want sell also no choice its call mandatory.
Umno say: felda if want privatisation we must undertable, your labour and palm oil contract must middle man Umno party. Then we support rm1.3 privatisation. Easy money. Like pahang royal durian cases.
If felda used ummo company as middle man earn money lawyer cannot sue.umno earn money bersih bersih law by law already. Rm1.3 privatisation high chance. Fast run.
FGV Holdings Bhd and its subsidiary, FGV Prodata System Sdn Bhd, are seeking legal advice to act against a writ of summons from VDSL Technology Sdn Bhd on a claim for compensation and damages totalling RM170.7m. In a filing with Bursa Malaysia, FGV Holdings said FGV Prodata was served with a writ of summons on 18 May. It said VDSL is claiming for compensation and damages amounting to RM170.70m due to FGV Prodata and the Federal Land Development Authority's (Felda) alleged breaches on various arrangements agreed upon by the parties with regard to the Felda Broadband Initiative Project. (Bernama)
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....
calvintaneng
57,200 posts
Posted by calvintaneng > 2021-05-18 16:32 | Report Abuse
To only be greedy when others are in petrifying fear is the correct way to invest for success
So very happy now!