Let's see if Felda dare to rip off those many pakciks and makciks settlers who are still shareholders having gotten their shares at RM4.45 during the IPO 10 years ago.
From what i observed....fgv shareholding current % is similar to what they have after the last exercise....i assume they are the buyer and seller to play the price...
Useless. "After three exemption requests of six months each, there is still no sign of any resolution. Queries by Bursa Malaysia are also absent. Meanwhile, FGV is more concerned about pay and perk hikes for the Chairman and Board of Directors which invited a public and shareholders uproar."
Personally, I think the seller and buyer are both FELDA like "sk6259" posted before. Different volumes instead of 100 per transaction, it might be a different story. Don't get fooled.
Great piece which went public few days ago. Really whacked Felda and the regulators. Let's hope the Pahang and Sabah govt continue to stand with all minority shareholders and demand a fair price for our shares. Don't let them swallow the whole company cheap after we paid RM4.55 during the IPO 10 years ago. Let's fight.
What is more important at the moment is what are they doing about the "public shareholding spread"? The monthly production figures will have no effect to the share price without first addressing the shareholding spread. History will tell us even CPO prices has no effect on this counter like they do to other oil palm counter.
NO announcements or valuation metrics are needed or relevant anymore for this cornered stock. Just how much Felda wants to pay to take it private. Don't ever sell to them cheap.
By right felda should be suspended from buying... Wth man buy from open market with no intentions to resolve public spread issue... Straight up blatant manipulation lor..
I suspect the next thing they will scheme and scam is the upcoming quarterly results to make it look as bad as possible so as to justify a low GO price. Be warned.
Cos' they are a significant size GLC wheeling alot of power. Who is the "CHICKEN" now? Are the Directors of BURSA liable for not doing the fiducial duty that they are paid to do ? Don't forget the majority of the BOD of FGV are loaded up by FELDA!
Get your facts right. Foreign funds are being scared away by an example of your incompetance in just handling FGV. That and the handling of phantom destroyers will drive away foreign investors. Based on the current BossKu case , any foreign fund would not be investing here. No defense council? They are kidding. The CJ shouldn't be hearing this case with her family fully against BossKu! Bias, foregone conclusion.
Over the next few months, Gamuda Land has plans to roll out new projects in Vietnam, Australia and the UK. These projects will include Artisan Park, which is a US$125.5 million landed development in Binh Duong; an AUD$180 million apartment project in South Melbourne; and an apartment development in West Hamstead, London, which has a gross development value of £65 million. They just reward their shareholders with 6% Dividend last week plus another Bonus Special Dividend to be announced soon.
Comparing Gamuda with FGV is like Comparing a Lamborghini and a Bus. Gamuda treat their Investors well while Felda is very .....
Its latest ann on public shareholding spread today shows that Felda is being defiant and is taunting you Bursa. Don't be a lame duck regulator. Show your power Bursa. Suspend the bloody counter. Too much time has been given to them.
With no BOSSKU, the settlers of FGV are going to be history. Nobody is going to look out for them. In fact there will be nobody stopping them from being taken full advantage off and milk dry. End of the RAZAK legacy. Now let's see if BURSA will put the nail in this nightmare.
Bossku mana ada kat Sg Buloh? At least Bursa has the balls to reject their latest extension application. Now let's see if they have the guts to whack them like our CJ on bossku.
Let's see if they will scam, depress and manipulate their second qtr result to be announced today. Dampen profit and share price as much as possible for a low GO. They are not above doing that.
what is the rational bursa to suspense the trading of FGV if the suspension doesn't have any effects on the public shareholding spread since for the past 2 years felda ignorance to rectify the shortfall and continue to suppress the share price to collect it cheap when FGV financial health begin to see improvements
It gives us the impression that minority shareholders carry no weight even by the regulators in enforcing their own regulations. Even with words like "manipulation, suppression, scam, depressing the price"posted on this site for weeks, Bursa is still not going to act. What is it going to take for them to do what they are paid to do?
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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....
lionel messi
581 posts
Posted by lionel messi > 2022-08-09 12:34 | Report Abuse
Let's see if Felda dare to rip off those many pakciks and makciks settlers who are still shareholders having gotten their shares at RM4.45 during the IPO 10 years ago.