Bursa can't just turn a blind eye to this because it is a GLC. Trading should be suspended until they do something,

According to records Felda bought
29/10 - 557,100 out of a turnover of 669,600, low 1.47, high 1.50
1/11 - 436,100 out of a turnover of 2,356,400, low 1.49, high 1.55
2/11 - 449,100 out of a turnover of 777,800, low 1.50, high 1.53

From these records we can see who is doing the majority of the buying.

I am very sure Felda cannot be holding 79.60% of the total shares without making another formal bid, nor are they allowed to keep acquiring more shares on the market. Bursa should put a stop to this.

Which companies need Khazanah's RM3 bil help?

https://www.theedgemarkets.com/article/which-companies-need-khazanahs-rm3bil-help

Bursa is definately turning a blind eye to what Felda is doing. They should be off-loading or compensate those who took the offer price for the difference.

The lowest in Oct is on the 4/10 @1.35. They have been buying above the original offer price.

Finally we begin to see the buyers committing to take out the sellers at 1.50 and in decent volumes in one go.

Maybe left hand selling to the right hand creating a false interest. Trying to entice the sellers to off load.

Those 2 buyers who have been playing around with the buying bids must have read my comments. They have finally disappear.

The same 2 buyers keep adjusting their buy qty upwards, but the serious sellers are not prepared to take them out. What's that tell you.

Bring it on. Serbadk is going to create some billionaires.

SCIB & KPOWER both in the green zone!

Forget about PH. Only person who cares about FGV is BOSS KU (the son of the architect of FGV). It will be another disgrace to his name after the 1MDB saga.

Felda_settlers
When do they ever care about what you or we WANT. We have all be con from the IPO onwards.

Somebody is playing around with the bid quantity every 30 seconds. It goes up or down by up to 50,000 qty, giving an impression there is interest in it.

Can make any statement now and they will all believe you.

Current high is now 0.785. Not much room to move, and Joh's stock does not normally take a run, slow moving.

newbie9893
0.775 is the aug 2020 high. Where do you think it is going loading up at 0.72?

Buy on the rumour, sell on the news or after budget.

Will only move after the AGM. Sit back and wait.

Notice it is always a sell off in the morning and then an afternoon buy in.

soapdepartment
"IF IT RUN UP TOMORROW" I would consider bringing my loss back to a level that I am confortable with. I seriously doubt it will get to 1.68 in the near future, but you might get a chance to buy in again after it retrace to further recover some of your loss.

InterFund
Not everyday you get a chance to ride a ROCKET, if it happens.

interFund
Are you going to take the safer play by cashing out your profit at 0.65 first and wait to come back to fight another day?

Imsider Trading
It's there and individuals including Directors have been charged, but I don't recall any individual bieng convicted and force to paid fine or jail sentence. This is Malaysia, anything is possible if you are willimg to compromise. With the $ figures floating around on these charges, anything is possible. Malaysia Boleh!

IronShirt
If I am not mistaken, KPMG is not a foreigner. It is a partnership of local principals depending on which country they are operating in. When they get sued all partners a liable for a share of the damage, not like a company.

It's a Gap Down on yesterday's trading. it needs to get above 0.37 to close off the small gap.

Interfund
I sincerely hope for your benefit, your analysis before suspension on Friday is spot on. It's a big gamble commiting to 8 million shares in one day (day trader or not). If you are right this will put a hell ofa lot of $ in your bank! Good luck, admire "walk the talk"

Wrong news yesterday, a good auditor's report would have a different results. Maybe Karem's strategy is to release news on warrant which will trigger a drop in mother share for him to collect, then release good auditors report. Sell mother when price increase. Come to think of it I don't think he smart enough to come up with that strategy.

OpportunityHunter
That looks like a Patek watch on his hand. Maybe he can sell that first and then maybe his wife if he is still desperate.

InterFund
Correction, dispose of all the son (warrant) not mother!
"Abdul Karim disposes of entire warrant holdings in Serba Dinamik at near record low prices."

newbie8080
It's Mukhriz not Mokzhani. Get your facts right! Mokzhani sold out a long time ago, at least 2 years earlier before all this action. Anyway does it matter why, it's in the past & gone. Look forward.

This counter is useless since CBB pull out. He is the main key that manage to keep the interest in it's share price as well as supporting it when required. Honestly, what has Datasonic done since CBB pull out. It has been stagnant if not gone backwards. The good old days of CBB has gone.

So, is there a reason for that abnormal increase in turnover volume, as well as unusual 0.05c increase in share price? A hugh white candle with a solid body. Can't seem to find any recent news release.

Well done. Top turnover so far but for a RED result not GREEN!

I don't see an inverse head and shoulder. I see a gap being created today between 1.66 and 1,61. This will closed off either today or tomorrow.

FGV price will not move much if Felda is holding more than the legal threshold allowed. Not enough free shares to enable price movement. Need BURSA to act on it. That is why there is a threshold limit. Need to get it back to the legal limit then make another takeover offer.

I say go play ONG's game. Dump when they dump and buy when the volume increase.

They find that palm oil is too hard a business, so they are diversifying into rice farming. (fragrant rice!). Easier to divert more funds to the settlers, or more leakage.

I wouldn't switch to any of those counters in the same sector. Non of them have a capable person like ONG to guide them. Also there is no one with a name like "ONG". By all means make your own judgement.

There is no way this company is going to be delisted. It is just a matter of compromise and basically arriving at some satisfactory solutions to all parties to come back to a mutual agreement that is acceptable. Anything is possible if they want it.

amirf1221
Two sides of this story. Two directors , one buying - confidence secured, one selling - confidence lost.

Could still go either way. All depends on actual news. By all means buy on rumours and sell on news. So where are you JaneTan68?

It's happening, hop on the gravy train.

InterFund
I like what you are thinking.

Couple of million shares just got taken out at .36

Is news coming out after EOD?

You need to look for JaneTan68

Monday one more round to 1.76

Don't think Eddie will be chasing to increase his stake at above 1.80