Likely apply for another extension on 3rd Aug as they unable to make another new offer within 6 months after the first offer lapsed. Nevertheless, chances the new offer will be good as they are determined to take FGV private at all costs.
You can't even buy floor tiles for less than Rm1.00 psf today
So where in the world got so cheap lands owned by Felda and Fgv with only 7.2 sen book value
SC should tell Fgv to revalue and update all it's assets before privatisation is approved to reflect a more transparent status of its current Real Intrinsic value
#Mikecyc Haha kon mabell is Missing in Action in all 4 counters ke....Fgv , Tg , Serba , Armada.. 12/07/2021 5:10 PM
Haha Mouse,
Baru half day Missing in Action sudah rindu ka? Mabel feel flatter that you are willing to dump your two attractive Japanese and Korean Girl friends to chase and court Mabel over the last 3 years...
Yes Just like Armada, FGV falls into Mabel Category 2 Portfolio.
FGV already stated it's lock in forward sale of CPO till end 2021 is RM 4000 a ton mah..
At their cost of production from RM1600 to RM1800, their profit margin is more than 100% for the next 6 months
Whoever made the management doesn't help to deliver profit and dividend. History tells the truth. But can wait for miracle if not miserable. Goreng potential remains.
#Jeffreyteck Whoever made the management doesn't help to deliver profit and dividend. History tells the truth. But can wait for miracle if not miserable. Goreng potential remains. 13/07/2021 8:23 AM
This is another potential goreng counter...that's why Mabel is still holding FGV beside FGV is FULL OF GOLDEN VALUE...
And since Cost of CPO production ranges from a low of Rm1,465(Thplant) to a high of Rm1800 per ton ALL PALM OIL COMPANIES Are now making more than 100% Profits
This is not a One Off but SUSTAINED PROFITS MONTH AFTER MONTH TILL END 2021 & GOING INTO YEARS 2022/2023 & Etc Etc...
This confirmed A New Trend in Strong Real & Incremental Earnings for All Palm Oil Companies notwithstanding the market still overlook its potential
Although FCPO is trading near the critical resistance, buying interest remained elevated, thanks to external boost from Soybean Oil. A stronger market structure was observed within a smaller timeframe, and we expect FCPO to test the upper resistance level ahead.
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....
strattegist
23,459 posts
Posted by strattegist > 2021-07-10 11:21 | Report Abuse
Felda would make a new GO...