CPO rise further to almost RM 5K. I suggest pay dividend sooner than next year because individual earn >RM 100K in dividends will be taxed 2% starting 2025.
bought a few FGV at RM1.12 (afternoon session, 26 december 2024)
had a quick study on this company. find out that it has been offered a privatization of RM 1.30 before but rejected by minor shareholders (very bad decision imo)
also understood that this company's relation with the goverment and gov's tencendy to protect this company.
hopefully there will be another privatization offered soon and this time hopefully it is a success. I would be glad with the same price of RM1.30 which will net me at least 10% instant profit.
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....
dompeilee
11,888 posts
Posted by dompeilee > 2024-08-15 07:48 | Report Abuse
Waaay back in '15, it was already quite obvious to the body language reader that FGV directors were committing FRAUD! : https://www.youtube.com/watch?v=wp50k0vsoDI&t=6s Such clowns!