S.Moktar is NOT a simple Business man. Lots of Support behind scene from his previous Business dealings. So .... FGV saga by SMoktar is not over. By reducing market expectations of "profits" ...FGV can be "SOLD" off at a 'LOW" price. ..... Interesting conspiracy or business strategy. Never under estimate SMoktar. ....... //??????
Fgv move like an elephant... need new dynamic owner to kick its ass...despite its advantage of strong govt support due to its Felda settlement rural vote bank.even Glove donation of 400 Mio going to help Felda loans...
As Mabel mentioned yesterday, there are two races going on until end of this year.
Checker Flag 40 - Race between Armada and TDM Checker Flag 200 - Race between Dayang and FGV
Status 3rd December 2020 - Checker Flag 40
Fossil Fuel Armada Battleship has already breaches 34.5 with more than 105 million share traded. Biofuel TDM Plantation has already breaches 33 with 27 million shares traded.
Status 3rd December 2020 - Checker Flag 200
Fossil Fuel Dayang Battleship has already breaches RM 1.27 more than 16 million share traded. Biofuel FGV Plantation has already breaches RM 1.26 more than 6 million share traded.
FGV Holdings Bhd has reiterated its commitment to addressing the Withhold Release Order (WRO) issued by the US Customs and Border Protection (CBP) against the group's palm oil and palm oil products and assured that it is making continuous effort in addressing the matter.
Fantastic Races are going on between 2 Mabel Energy Battleships and 2 Mabel Bio Fuel Plantations. Yes, the Race between Fossil Fuel vs Bio Fuel
Today it's actually a tie between Fossil Fuel and Biofuel.
Armada Fossil Fuel leads the Checker 40 with TDM Bio Fuel Plantation trailing at 31 while FGV Bio Fuel still leads the Checker 200 race with Dayang Fossil Fuel Battleship trailing at RM 1.26 all thanks to the great contribution of RM 400 million from Mabel Glove Fantastic Four to Felda which benefits FGV.
So it's a square today between Fossil and Bio.
Mabel will continue to monitor these two races with passion..
The North South Plus Highway that runs from Padang Besar at Thai border to Johor unlocked the land value of Felda
Years ago before Fgv signed 99 years land lease with Felda some Felda Settlers in Labu, Negeri Sembilan sold their lands and became instant millionaires. I think that was after 1994.
I remembered driving down Kl to Seremban in early 1980s when the New KL - Seremban Plus Highway Stretch was ready.
Those are felda instant millionaires did not have financial education and many lost their fortune and became poor later although some did well
Few years later Plus Highway reached Pagoh
I drove to Pagoh, then exit to Melaka, Muar then from there drove thru kampung roads back to Spore
Finally one day I drove all the way to Tuas side when NS Highway reached the very end of West Malaysia land mass
So many more years have passed and all these Felda lands worth much much more
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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....
calvintaneng
56,561 posts
Posted by calvintaneng > 2020-12-02 22:11 | Report Abuse
At least Fgv never give false hope
Already showed us a very nice 3.8 sen profit this qtr
And better days ahead as Fgv selling it's coo above Rm3300 now
it's rubber also up due to huge demand for rubber gloves
plus it's saji consumer oil also capturing more than 30% of the market