Posted by Max2838: FGV should not have been listed in 2012 as it is a social & land development programme for the nation's rural poor. Investors in FGV have a different objective and demand dividends & profit growth every qtr & improving metrics as a listed company. This is clearly a mismatch.

FGV was listed for the main objective of directly or indirectly squeezing it dry. I am sure ONE saw this juicy piece of meat and had plans to plunder it. Rural poor? As far as ONE is concerned rakyat can go to hell first [rakyat didahulukan, remember?]

'Move on move on. We have learnt'. Wow. Too easy leh. ONE must have learnt how to 'leak' better and more discrete. Yeah he has learnt alright.

Posted by Flintstones :In the next few years, things are going to uncover. By that time, I am not sure how the person responsible is going to escape the law. This deal is going to finalized wuickly as election is coming soon.

I am sorry to dash your hope but I think they are going to get away with it very well. Some small fries (already in millions) might get caught but ONE and the rest are going to get away with it.

I am curious. If Syaria is implemented, would the people who stole the country's money by computerized transactions done outside the country be amputated?

Q1. Who owns Eagle high? (are they 'friends or relatives' of any ONE, as in Jho LoW type of friends?
Q2. Any "consultation fees" involved (you know what I mean)
Q3. Any other miscellaneous charges (same reasoning)

Sorry for the apparent trust deficit here but everything they do is suspect to me. Or should we still trust them, like pak ciks and mak ciks?

Among the reasons, but not the main reason. Appreciate your effort but ask your boss how he feels if rm goes back to 3.3?

The only one BN CM with the spine and dared to stand up to the penyamuns from UMNO. Sad. Hopefully the next CM will be a vertebrate.

1ST RULE OF BUFFET IS NOT TO LOSE MONIES...!!
2ND RULE....IS TO REMEMBER THE 1ST RULE MAH...!

Other rules applicable in Malaysia.
1. No GLCs [remember FGV]
2. No companies with connections to corrupt politicians.
3. No PRCs [Xinquan]
4. No companies controlled by a certain clan of ethnic Chinese dominant in Sarawak [trust me on this. Even KYY got burnt by them]
5. No companies controlled by certain crooks with misai.
6. no companies with ESOS regularly.

4.1? Some show for the coming elections maybe. After that it will be closer to 4.8. Remember .. some people who have billions in USD have a lot to lose if it goes up to 4.1. For them rakyat didahulukan...to hell.

I am no economist. In fact I have no knowledge of how the economy works. But I do have some common sense. My common sense tells me that the ringgit will not bounce. You will be lucky if it does not fall further. Here's why:

1. ruling politicians are all in it for the money and are corrupted. They really do not care about the rakyat.
2. with corruption comes money...lots of it. This money must be kept offshore in foreign currency. Guess which currency is most popular? USD!
3. with the declining ringgit and stronger USD the corrupted politicians must be rejoicing and cheering as they are now richer in ringgit terms.

I believe my 3 above assumptions are logical. Now tell me, which ruling politician will be willing to do anything to help the ringgit?