Given the price now, the share placement is not a good news. RM 1 discount, but they still cannot get out the money? In addition, it was at a 20 sen discount then. The placement is likely to dilute the price of the share further. Once AAC is sold, those 2 will get not just the RM 1 immediate gain but also the additional div due to the 559 mil shares.

I think the price of AA will have downward pressure for short to medium term. Long term like 1 year plus should be still ok to hold. But expect to sit through further downward pressure.

shine today only. Tmr down again. Rubber counters not going to go up so much over the next couple months. If trump win, USD sure go down, second round of drop.

Im aiming 2.5

Thanks for your research. Its really good. Im in =)

Picked up quite abit at 1.92

In the end do your own research. I think FGV is still somewhat undervalued.

Palm oil prices are expected to remain firm until the end of the first quarter of next year as the El Nino weather pattern would have depleted the inventory, said a senior executive of Sime Darby Bhd yesterday.

The company's crude palm oil (CPO) production could fall by 10 per cent next year due to El Nino, Datuk Franki Anthony Dass, managing director of Sime Darby Plantation, told a vegetable oil conference in Goa.

"Production has started recovering from the super El Nino. In the last quarter (of 2016), we will see improvement in production," he said. Palm oil prices are expected to trade around RM2,600-RM2,700 per tonne in the last quarter of 2016, he said.

In another report, leading industry analyst James Fry said global palm oil production will recover next year, increasing by four million tonnes in the first half of next year from the same time this year, after the crop-damaging El Nino weather event reduced output this year.

Rising palm oil production could dampen benchmark palm oil prices, which hit a five-month high on tight market supplies in early trade yesterday.

"The 2017 first half rebound will almost offset the 2016 first half collapse," said Fry, chairman of commodities consultancy LMC International.

He also forecasts a rise in global palm production in the second half of next year by over two million tonnes from the corresponding period this year.

This year's palm oil production was impacted by the El Nino, a warming of the Eastern Pacific Ocean waters which brings dry weather across Southeast Asia and lowers palm yields in top producers Indonesia and Malaysia.

Fry last forecast in March that global palm oil production could fall by over two million tonnes this year, and saw Southeast Asian output declining by four million tonnes.

For the last quarter of 2016, Fry estimates Malaysian inventories to climb to a range between 1.75 to 1.80 million tonnes.

"Crude palm oil output will resume year-on-year growth, but we have the seasonal slowdown after November," he said.

"Malaysian Palm Oil Board (MPOB) stocks will settle at 1.75-1.80 million tonnes in October-December, and will then fall back until they soar from Q2 onwards."

Palm oil end-stocks in Malaysia, the world's No. 2 producer after Indonesia, fell to a near six-year low of 1.46 million tonnes last month, according to data from industry regulator MPOB.

Indonesian output may fall by 0.6 million tonnes in the third quarter this year, but could rise by 0.2 million tonnes from next month to December, said Fry.

He also forecast that CPO prices would ease to US$650 (RM2,660) a tonne on a free-on-board basis in November and December, and "move up briefly in January to February" before falling to US$550 next year, based on a Brent crude oil forecast of US$45 per barrel.

haha its cause when it go up, opposition straight make noise. So market overestimate the sentiment, but if you think 1-3 weeks from now, i think 10-20cent increase is possible.

Its up to you. It would probably go up 10-20 cents in the next couple weeks. But the incredibly high sell queue is quite weird.

nickyesh, how much your average price now bro?

Not as serious as people say, but travel will definitely go down by a significant margin.

Fair enough, but the Gov needs to sign it off. No doubt, its unlikely to be cancelled. However, i think sentiment will still weigh it down abit for the next couple days.

Oops 4.47. Im out also, lock in contra.

Problem is the opposition arguing now, not sure if it will really go through anot, if bising lound enough might get cancelled.

Bought more at 4.42. Tmr sure rebound like mad, this is a very good company, genting is packed like mad every weekend.

zz tmr will rebound anyway lah.

@reena is cash lah

Cant wait for next quarter.