The problem here is the 6 + 6 extension that has cause the loss of liquidity. That is why there is a 25% requirement for public holdings. You are not going to see any movement until closed to GE15 or Jan 2022. Isn't there a provision of billions of $ in the budget to assist the settlers? Suggest they start using it or it won't be there if BN can't beat PAS & PN.
$4.00 is never going to be in the picture. Be realistic the high for Fgv is $2.18 in 2017 & 2018. If they are buying at $1.50 then that will be average price they are going to base their calculation (forget about sentimental true value) If it gets close to $2.50 you will be laughing. Anyway it is still at least a 3 months wait!
The smart thing is to keep buying for another month, and then dump it to bring it up to 25%. Pump & Dump. The result will be a lot lower price enabling them to make a lower offer.
my theory = felda is going to make another takeover offer higher that 1.50 for the remaining shares after they already scoop up whatever they can get now until they make the announcement
The volume weighted average price of FGV is currently around 1.50. It has been hoovering at this level for over a month. In the event of another offer (to be sucessful) it would have to be alot higher than 1.50.
The following write up summarize why is it palmoil stock offer the best investment & investor protection loh!
Do not listen to the good for nothing stock analyst who have vested interest loh!
Posted by calvintaneng > Nov 6, 2021 5:28 PM | Report Abuse
Intrinsic99
I have read all the argument broth forth by the Naysayer IB Bankers
None of them is true
See our Friend reply
Posted by Johnzhang > Nov 2, 2021 9:57 AM | Report Abuse
IBs and many pessimist are relentlessly worried that CPO price will fall since the day CPO reached $3,000/- in 2020. CPO reached $5,350 now! Should investors be too concerned if CPO price correct down from today's level ? I would like to share the year's high (H) , low (L) and the simple average (Avg) from year 2008 to 2021as below : 2008. $4179 (H) , $1403 (L) , $2791 (Avg) 2009. 2887,. 1630. 2259 2010. 3782. 2386. 3084 2011. 3930. 2786. 3358 2012. 3567. 2027. 2797 2013. 2635. 2157. 2396 2014. 2917. 1933. 2425 2015. 2360. 1802. 2081
2021's H is 29% higher than the highest H (2008) 2021's H is 66% higher than the avg H 2008-2019 2021's L. Is 147% higher than the lowest L (2008) 2021's L is 72% higher than the avg L 2008-2019 2021's Avg is 68% higher than the Avg 2008-2019.
Despite the above , all plantantion counters stock prices are 20-50% below the highs achieved in 2008 -2020 period . Mind boggling indeed.
So, why should there be worries if CPO price indeed correct for 10-20% next year ?? 02/11/2021 9:54 AM
Stock: [TAANN]: TA ANN HOLDINGS BHD
Oct 26, 2021 3:22 PM | Report Abuse
The windfall tax is not new . It has been around since 2008. The IBs rating for plantation sector have been like this : When CPO $3,000 , price will fall to $2,500 , neutral rating When CPO $3,500 , price will fall to $2,700 , neutral rating When CPO $4,000 , price will fall to $2,800 , neutral rating When CPO $4,500 , price will fall to $3,000 , neutral rating When CPO $5,000, price will fall to $3,200 , neutral rating When CPO $5,300 , price will fall to $3,300 , neutral rating Listening to IBs will bring you to Holland !
NOTE: JOHNZHANG SAID: "LISTENING TO IBs WILL BRING YOU TO HOLLAND
(NO WONDER 90% OF THE MARKET RETAIL PLAYERS YEAR AFTER YEAR LOSING MONEY LISTENING TO IB BANKERS: 90% OF RETAIL PLAYERS LOSING MONEY DECADE AFTER DECADE LOSING MONEY LISTENING TO IB BANKERS
(BETTER WAKE UP! STOP LISTENING TO IB BANKS)
Posted by Johnzhang > Oct 8, 2021 12:50 PM | Report Abuse
I am pleased to share the projected full year (2021) EPS and the prospective PE of some of my favorite plantation counters. The Projected EPS is based on actual 1H + Q3+Q4. Q3 EPS can be estimated fairly accurately as Q3 avg CPO prices is known and production numbers are mostly available . I also make the assumption that Q4 EPS is same level as Q3 for reasons that ASP Q4 seem to be even higher and labourers for plantantion sector are coming in to maximize crop recovery. Given that Nov/Dec is usually seasonally lower crops, but the higher ASP and labour availability should be enough to offset that, On above basis , the FY 2021 EPS and prospective PE based on yesterday closing share price as as follows:
Bplant. EPS 9.6sen , PE 7.1x THplant. EPS 16.5sen , PE 4.4x SOP. EPS 73.0sen. PE 5.3x MHC. EPS 20.9sen. PE 4.5x Cepat. EPS 13,9sen. PE 5.2x Swkplt. EPS 48sen. PE 5.2x Taaan. EPS 67.9sen PE 4.6x Hsplant. EPS 23.6sen. PE 9.3X.
Historical PE for plantation counter is 15 to 25x As such, plantation counters are seriously underappreciated by the market , especially amid poor KLSE sentiment.
Can 2021's earning be sustained in 2022? You will be surprised! Hope this perspective helpful for your investment decision.
Other members also buying valuable stocks but not behave like this iddiot spammer
We all feel ridiculous nonstop posting nonstop promoting
As I said earlier, if you so confidence to wait and if you so confidence what you invest why everyday need to promote, why everyday put up so many blog, why everyday go different stocks forum keep on promoting your palm oil stocks?
This is very obvious you desperately want to cash out your share bought and treat other members as waterfish.
Now all open your eye and see this iddiot spammer sold all MHC stock since this iddiot spammer so confidence about the palm oil sector earlier and keep on promoting to all members everywhere.
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....
Mabel
24,493 posts
Posted by Mabel > 2021-11-08 12:55 | Report Abuse
Damn !
Must be due to election...
Meow