Posted by EVO118 > 2022-07-07 06:47 | Report Abuse

Felda still picking up shares.

Posted by manahin > 2022-07-07 07:34 | Report Abuse

GO imminent!

Posted by lionel messi > 2022-07-07 09:21 | Report Abuse

Only the GO price is the question.

Posted by EVO118 > 2022-07-07 10:06 | Report Abuse

Don't go chasing it. That is exactly what they want us to do "PLAYING US". Could be another 2 years + possibility another 2 years of extension.. If Bursa is not going to issue an ultimatum, there is nothing stopping FELDA from sitting on that excess and keep on manipulating the price and collecting the dividends. They have got that much volume to play with.

Posted by EVO118 > 2022-07-07 10:19 | Report Abuse

Look at the individual sales qty going though (100?) and you know they are playing with us.

Posted by lionel messi > 2022-07-07 11:04 | Report Abuse

Let them take their time. We will also collect the div with them.

Posted by calvintaneng > 2022-07-07 14:08 |

Post removed.Why?

Posted by EVO118 > 2022-07-07 16:20 | Report Abuse

All these facts of good results in CPO prices for the last 2 years has not shown any coorelation to their price. It might show some improvement in other palm oil company but not FGV.

Posted by lionel messi > 2022-07-08 12:03 | Report Abuse

Personally, I prefer few more dividends before the next GO. Likely to be above RM1.50

Posted by EVO118 > 2022-07-08 15:10 | Report Abuse

Felda resumes FGV share buy after four-month pause.
https://www.theedgemarkets.com/article/felda-resumes-fgv-share-buy-after-fourmonth-pause.

Posted by calvintaneng > 2022-07-10 22:34 |

Post removed.Why?

Posted by Mabel > 2022-07-11 12:55 | Report Abuse

Yes Calvin is always sharp and smart!

FGV is FULL OF GOLDEN VALUE!

Of the 8 planters Mabel track, 6 came in above expectation, while the remaining 2 were within our expectation. During the quarter, all plantation players registered significantly higher core earnings on YoY basis, boosted mainly by sharply higher palm product prices. Maintain 2022-24 CPO price assumptions of RM5,500/4,500/4,500 per tonne and OVERWEIGHT stance on the sector. Top Malaysian picks are FGV, IOI Corp, KLK, and Sime Darby Plantation. Yes lah, FGV will produces more good babies..

Meow Meow Meow

Posted by Mabel > 2022-07-11 13:59 | Report Abuse

https://www.youtube.com/watch?v=5ILVh2lI_JA

Few Years ago, when Miss FGV was badly treated (by Mr Felda’s Greed), she was a complete mess. She was about to LAYU di PUSARA. Knowing about her true potential, Mabel and Team here took the opportunity to support her. So now you know why she is so sad when Mr Felda want her back..

Why does Mr Felda want to take her back?

Miss FGV has now become so sexy that Felda want to take private and want her 100% attention by Mr Felda himself. Felda has resumes FGV share buy after four-month pause. Soon no more sharing with Mabel and her Team.

So Mabel and her Team are now looking forward for Yummy Yummy Yummy pay out from Felda.

Yum Yum Yum

Posted by VTrade > 2022-07-11 14:04 | Report Abuse

How fgv so sezy ?

Posted by Mabel > 2022-07-11 22:53 | Report Abuse

VTrade How FGV so sezy ?
11/07/2022 2:04 PM

So sexy. Yum Yum. Today Mabel accumulate more FGV Shares. Just to add what Mabel shared this afternoon..

Mandatory Take-over Offer (MO): Substantial shareholder, FELDA, triggered a MO to acquire FGV at RM1.30/share in Jan 2021. Its holdings in FGV has since risen from 51% to 80%, hence the listing requirement for public investors to have at least 25% shareholding in FGV is no longer met. As FGV is now trading above RM1.30, FELDA has sought to extend the MO several times and the latest extension is till 3 Aug 2022. FELDA can raise the offer price, sell down 5% to meet Bursa’s requirement or, more likely, continue to extend the MO.

Maintaining our MARKET PERFORM as well as TP of RM2.30 which translates to a target FY21 P/NTA of 1.5x and prospective FY22E PER of 7.5x. This corresponds broadly with the Group’s historical ratings of 1.0-1.2x NTA and 8x forward PER. Among the reasons FGV tend to trade below sector PER are its earnings volatility and low ROE, as such we prefer using P/NTA with some consideration for PER as well.

FGV is FULL OF GOLDEN VALUE!

To Our Success!

Meow Meow Meow

Posted by Mabel > 2022-07-12 10:47 | Report Abuse

Despite KLCI still having period. No of Buyers is encouraging with more than 10X today. Happy that Mabel has collected yesterday at lower price..

FGV is FULL OF GOLDEN VALUE!

To Our Success!

Meow Meow Meow

Posted by lionel messi > 2022-07-12 14:14 | Report Abuse

So sexy, tempting and inviting. Am getting a hard on.

Posted by Mabel > 2022-07-12 15:03 | Report Abuse

Yum Yum Yum

Mabel still collecting...

Posted by KooSan > 2022-07-12 15:54 | Report Abuse

got hope? I think GO price will not be high....

Posted by lionel messi > 2022-07-12 16:25 | Report Abuse

Felda is buying again today. yum yum yum.

Posted by KooSan > 2022-07-12 16:39 | Report Abuse

ya man.....they are mopping up

Posted by lionel messi > 2022-07-12 16:51 | Report Abuse

Mopping up cheap so that can offer higher GO for the little balance remaining?

Posted by lionel messi > 2022-07-12 16:58 | Report Abuse

Is now a grabbing game. Buy as many as you can. Force them to buy you out at a higher price. Don't let them get away cheaply. Let's fight baby.

Posted by Mabel > 2022-07-12 18:39 | Report Abuse

Yum Yum Yum...

Posted by lionel messi > 2022-07-13 09:23 | Report Abuse

Mopping operation on again this morning. Go grab some asap at RM1.50

Posted by EVO118 > 2022-07-13 10:11 | Report Abuse

Don't be fooled. They are not supposed to mop up more shares but dump. All this has to be done by 3rd Aug. If GO coming pretty sure they will be dumping to get the WAP down which they can do easily considering the amount of shares they got. Don't play their game, plenty of time to wait for some confirmation.

Posted by manahin > 2022-07-13 10:38 | Report Abuse

Green... Felda doing the mopping!

Posted by lionel messi > 2022-07-13 12:11 | Report Abuse

End game already Evo. Nothing else to play except to mop up as many as possible at the cheapest possible price in view of the many constraints they are facing.

Posted by EVO118 > 2022-07-13 16:48 | Report Abuse

Don't think it is an end game. A takeover GO will not happen if it is not anywhere close to 2.50. Investors will not be accepting the GO. FELDA is not prepared to pay 2.50. The GOM cannot afford to assist FELDA in the takeover because they also got no money due to subsidies funding. The only reason the price is down here is because FELDA wants it to be lower.

Posted by Mabel > 2022-07-13 17:00 | Report Abuse

CPO prices to remain elevated for rest of 2022

Weather Forecast for Future Palm Oil

CRUDE PALM OIL FUTURES (FCPO) ACTIVE CONTRACTS, DAILY CANDLESTICK CHART (MYR4,116)

Despite overall momentum remaining elevated, we opine the ongoing consolidation will likely be mild with the price set to challenge the resistance again once selling pressure normalises.

SUPPORT S1: MYR3,850 S2: MYR3,250
RESISTANCE R1: MYR4,245 R2: MYR4,493
MOMENTUM Rebound signal intact
TREND Short-term recovery

Kenanga Research has an "overweight” rating on the plantation sector, saying another good set of plantation earnings can be expected moving forward for the coming April-June 2022 results seasons.

"Thereafter, easier earnings are likely but (they will) still remain robust on expected CPO price of RM4,500 per tonne for 2022 and RM4,000 per tonne for 2023. With production cost of between RM2,000 and 2,500 per tonne, margins for the sector are still attractive"

Posted by EVO118 > 2022-07-14 09:05 | Report Abuse

The BIG question is whether BURSA is capable of implementing it's own regulations on a GLC like FELDA, or is FELDA going to just ignore them like Karim in Serbadk. By the time they decide to do something most investors would have been cheated out by FELDA, at least in the foregone opportunity cost of holding on.

Posted by lionel messi > 2022-07-14 09:34 | Report Abuse

Don't stress over things beyond your control. Beat them at their own game. Go on a mopping spree, sit tight, pocket the high div and enjoy the show.

Posted by moneyontheway > 2022-07-14 10:13 | Report Abuse

@lionel messi, how come there is high volume for FGV this morning??

Posted by lionel messi > 2022-07-14 10:23 | Report Abuse

Has been high vol since 6/7/22. Mopping up operations by Felda at RM1.50. Join them. Grab as many as possible. Don't let them mop everything cheap. Even at RM1.51 is ok.

Posted by moneyontheway > 2022-07-14 10:25 | Report Abuse

will there be a mandatory take over??

Posted by lionel messi > 2022-07-14 12:38 | Report Abuse

Definitely. When and what price I don't know. At least RM1.50. Most likely higher. My preference is a few more rounds of dividends before delisting it. Let them take their own sweet time. 2 or 3 years later maybe.

Posted by EVO118 > 2022-07-14 13:51 | Report Abuse

Almost RM65m allocated to help Felda settlers, new generation, says PM.
https://www.theedgemarkets.com/article/almost-rm65m-allocated-help-felda-settlers-new-generation-says-pm

Posted by EVO118 > 2022-07-14 14:00 | Report Abuse

FGV active, sees surge in trading volume.
https://www.theedgemarkets.com/article/fgv-active-sees-surge-trading-volume

Posted by KooSan > 2022-07-14 16:53 | Report Abuse

Lai liao....

Posted by VTrade > 2022-07-14 19:10 | Report Abuse

Felda ada good news

Posted by KooSan > 2022-07-14 20:07 | Report Abuse

Ah Gong got money and is backing Felda. Give extra pocket money

Posted by EVO118 > 2022-07-15 09:35 | Report Abuse

CPO prices fall off the cliff while headwinds in plantation sector grow stronger.
https://www.theedgemarkets.com/article/cpo-prices-fall-cliff-while-headwinds-plantation-sector-grow-stronger

Posted by KooSan > 2022-07-18 14:30 | Report Abuse

Mopping again. Makes me want to buy too...

Posted by lionel messi > 2022-07-18 14:43 | Report Abuse

Go grab some. Don't let them have it easy and swallow everything on the cheap. Fight baby, fight. If they GO cheaply, don't give to them. Like what EVO118 said: must be at least RM2.50

Posted by Mabel > 2022-07-18 23:01 | Report Abuse

Mabel oledi sapu..In the worst case if it ever it get delisted , if Mabel reject Felda offer, it may turn out like one of Mabel Sukuk/Bonds. Every 6 months just collect Dividend. No need to trade anymore. Just collect Dividend just like Mabel Sukuk Indonesia Golden Agri Plantation.

Yum Yum Yum

Posted by lionel messi > 2022-07-19 08:17 | Report Abuse

Mabel is such a crever kitty.

Posted by PlantBull > 2022-07-19 09:29 | Report Abuse

also sapu-ed here :)

Posted by EVO118 > 2022-07-21 11:20 | Report Abuse

1.61 target price? Are they kidding with this counter? More like a con to chase the price for FELDA to make some short term profit by selling to the unaware buyers. Been watching this counter for a long time. Nothing promising here until we get some action from Bursa, maybe before 3rd Aug.

Posted by lionel messi > 2022-07-21 15:49 | Report Abuse

Nothing to research or analyze anymore. All valuation metrics can throw out the window. A cornered stock just waiting to be taken private. Only questions are when and at what price the GO will be. And how many will refuse the offer.

Posted by KooSan > 2022-07-21 17:22 | Report Abuse

At least RM 2.00.