Mr. Chan sells Awning roofing for buildings & other steel products
Due to MCO he said business is down by up to 80%. He only earn enough to pay rental & workers but no salary for himself. Why? He said Factories can still make & sell steel products but since most Contractors are not allowed to work the demand for his steel products have shrunk
So instead of buying steel stocks he bought Palm Oil shares like ThPlant
2) Mr. Tan Pao the Iskandar Landlord
Mr Tan bought & rented out 2 Shopghouses
We told him in this tough times better reduce rental to let your tenants survive
He said no need
We asked, "Why?"
He said he rented out to Mini Markets which are both doing roaring business
MiniMarket sells Cooking oil, Bread, Biscuit and many stuff contain Palm Oil So Palm oil still sell much better than steel in Mco
Kindly be advised that trading in FGV's shares has been halted with effect from 9.00 a.m., Monday, 16 August 2021. Trading in the shares will resume with effect from 10.00 a.m., Monday, 16 August 2021. Your attention is drawn to the Company's announcement dated 15 August 2021. SVP
MEMORANDUM OF UNDERSTANDING MEMORANDUM OF COLLABORATION (MOC) TO JOINTLY CONDUCT A FEASIBILITY STUDY ON THE DEVELOPMENT OF AN INTEGRATED DAIRY FARM BUSINESS IN NORTHERN MALAYSIA You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
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....
risingstar21
536 posts
Posted by risingstar21 > 2021-08-12 21:36 | Report Abuse
Rumors and news strongly support that definitely will be a change of government nearly soon.
FGV will totally affected by that decision.
Until we can know the plan of the next government on FGV, should just stay away. Far away from FGV