Invest now, and enjoy double profit later in 3 month time as FGV earning visibility is extreme and highly predictable to be based on CPO price movement
many felda settler get loan from felda to subscribe FGV IPO price, many still entrap with loan until gov force to allocate RM 400m to partly mitigate their loan. Its best Felda to take over FGV at IPO price as LLA compensation which take 18 month completion + buy over 68 palm mill is worth multibillion, take over based on IPO price is easy and faster way to please settler and to gain support in early election next year
Portfolio fully invested in 2 major stocks, Boustead Plantation and FGV, its not only is safe heaven from market volatility but also enjoy incremental paper profit growth steady, heading to double up entire portfolio capital by next 3 month, ahead of next upcoming Q4 result
Felda LLA Compensation RM 3.5b-4.2 bi will be much higher if based on current FGV financial result. Felda have miss golden time to terminate LLA based on earlier loss making FGV financial result for lower compensation.
With turnaround of FGV now, the compensation is based on current and future 8 year profit, a much higher future profit compensation, which felda may force to opt to takeover entire FGV instead
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....
hng33
20,492 posts
Posted by hng33 > 2020-11-17 14:22 | Report Abuse
Next Q result will be extreme higher due to CPO price > RM 3300, absent of MSM impairment loss