me too anyway KLCI is on the downtrend. no hurry like so many others out there thinking that all that glitters is gold.you can consider later when the market is at rock bottom . i feel safer that way just sharing !
FGVH is not any ordinary IPO. FGVH is a marketing strategy by the Federal government (BN) to unlock the value of the Felda assets.
Government has secured 10-12 corner stone investors to support the FGVH IPO (post) listing pricing. 6 month moratioum is imposed on the cornerstone investors.
names like tabung haji, LTAT, EPF, PNB, Chu ma yu, Quek leng chan have deep pockets. they can hold and support the intial post IPO pricing.
timing is important. Greece is having their election on June 17 and the result will be out on the 18-19 June. FGVH listing is on on June 28.
Please invest in FElDA for the following reasons: 1. Because we should be proud of the fact that a Malaysian company is the 2nd largest IPO this yr. 2. Because we all know that our leaders are sincere (especially ah JIB) and they do not benefit in any way from this listing 3. Because we all want to become as prosperous as Greece. 4. because figures and fundamentals and loss are not important. TRUST and FAITH is important.
Ohh added to tptan45 for those who still yet to be convinced.
If the ahjibkor hope you subscribe to this IPO and get generous dividends of x% for your lifetime, and NOT for the sake of loyalty to BN or UMNO for your lifetime, and they done it ONLY for the RAKYAT!
If buy then sell on the date of listing then its fine.
In fact, I am so CONVINCED that I am going to put my life savings, my children's insurance, my insurance and mortgage my cars for the IPO. Oh my house too. I am smiling thinking of the returns. No, more than that, weeping with joy like those Felda settlers as reported.
FB is different, it doesn't manufacture anything, relying on advertising. Everyone is competing for advertising revenue. Whereas FGVH produces palm oil, the substance we use to goreng. Everyone is doing a goreng. We should be objective. Look at the growth potential - new estates and, I'm sure, FGVH continuously replant their oil palm trees.
Eagleis-have you taken a plane ride to Lahad Datu? The estates are so big, you see no end to it. All my habitat has been cleared. I've no where to go, so to cari makan, I come to KL
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....
eagleis
146 posts
Posted by eagleis > 2012-06-06 09:07 | Report Abuse
FGVB is untouchable to me.