3/02/2022 is the second extension for Felda to fix the 25% liquidity problem resulting from last takeover offer. Should never have given them that extension. It is still going nowhere like the 1st 6 months after the offer.
FGV holds the guinness book of world records as the worst managed plantation stock in the world. Look at Wilmar Plantations of Singapore. The government should be ashamed of themselves for the manner in which they have screwed up the innocent shareholders of FGV. FGV is a total failure and a pariah company.
PUTRAJAYA (Jan 5): The palm oil industry, being the fourth largest contributor to the Malaysian economy, is expected to maintain its 2021 performance in 2022, backed by various marketing and promotional efforts to be conducted by the Ministry of Plantation Industries and Commodities and its agencies.
PUTRAJAYA (Jan 5): The palm oil industry, being the fourth largest contributor to the Malaysian economy, is expected to maintain its 2021 performance in 2022, backed by various marketing and promotional efforts to be conducted by the Ministry of Plantation Industries and Commodities and its agencies.
As of November 2021, total exports of Malaysian palm oil and its derivatives stood at 22.14 million tonnes and due to high palm oil prices, total revenue increased by 40% to RM91.4 billion as compared to 2020. This morning Mabel's collection of BioFuel Plantation continue to rise..
U see why plantation is the best safe value investment leh ?!
Why leh ??
1. It is traded at attractive price with big discount & margin of safety mah!
2. Plantation land are good hedge of inflation loh!
3. Plantation generate good steady cash flow & earned big forex for the country mah!
4. Plantation give food to the people, thus is a very essential economic sector loh!
5. Plantation are not affected by the risk of very fast technology changes that will make the industry obsolete and disrupt the prospect...This plantaion industry & predictable mah!
6. If u believe long term sustainable cash generating business go for plantation loh!
Felda has got a dateline. They can't pretend that it is not there. Sooner or later they are going to have to show their hand, unless Bursa is willing to turn a blind eye on some superior's instruction. Well this is Malaysia anything is possible! That's a fact.
The FCPO price extended its rally, reinforcing our view of a base building mode. With momentum staying elevated, the FCPO price could challenge its Jan 2022 high of MYR5,228 soon. Note that MACD and RSI indicators also show positive readings.
Felda in control. FCPO has got nothing to do with the share price! Only thing that will move the share price is an announcement of another takeover bid, preferably with Syed Moktar involved.
With the current Board of Directors, Syed Moktar will never get a look in. Felda's settlers need to look seriously at replacing all the Directors if they want FGV to be great again.
Don't listen to all those research uptrend rubbish. It is only Felda. If they want it up it will be up. there is no uptrend just some short term manipulation for them to turnover some profit for their interest costs.
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