FGV HOLDINGS BERHAD

KLSE (MYR): FGV (5222)

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Last Price

1.18

Today's Change

-0.01 (0.84%)

Day's Change

1.18 - 1.21

Trading Volume

182,700


35 people like this.

49,349 comment(s). Last comment by calvintaneng 22 hours ago

stockraider

31,556 posts

Posted by stockraider > 2021-03-05 08:15 | Report Abuse

High chance will revise GO loh!


Posted by Mabel > Mar 5, 2021 8:13 AM | Report Abuse

7 days to go...

Meow Meow Meow

strattegist

23,459 posts

Posted by strattegist > 2021-03-05 09:41 | Report Abuse

relax

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-03-05 10:53 | Report Abuse

GO revise where got? Wait GE15 over?

strattegist

23,459 posts

Posted by strattegist > 2021-03-05 18:07 | Report Abuse

relax

Mabel

24,148 posts

Posted by Mabel > 2021-03-05 22:17 | Report Abuse

This announcement is dated 1st March 2021 with 7 trading days to go..

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3134681

Undisclosed Felda PAC bought 29,646,400 shares on the open market between 1st -5th March 2021 (assuming all the shares are bought by Felda)

*Hence, FGV Shareholding EOB Shares dated EOB 5th March 2021*

Undisclosed Felda PAC Team = 2,707,413,580 shares (74.22%)
Private Investors Team = 940,586,420 Shares (25.78%)

Meow

Mabel

24,148 posts

Posted by Mabel > 2021-03-05 22:25 | Report Abuse

#stockraider High chance will revise GO loh!

05/03/2021 8:15 AM

Yes stockraider!

Meow

strattegist

23,459 posts

Posted by strattegist > 2021-03-05 22:57 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2021-03-05 23:01 | Report Abuse

A GOOD INDICATION OF WHY GO WILL BE DEFINITELY REVISE UPWARDS IS FELDA ALREADY BOUGHT FGV ABOVE RM 1.30 FOR THE PAST WEEKS LOH....!!

THAT MEANS FELDA NEED TO REVISE ITS OFFER PRICE LOH!


Posted by Mabel > Mar 5, 2021 10:25 PM | Report Abuse

#stockraider High chance will revise GO loh!

05/03/2021 8:15 AM

Yes stockraider!

Meow

Mabel

24,148 posts

Posted by Mabel > 2021-03-06 00:45 | Report Abuse

Meow Meow Meow

strattegist

23,459 posts

Posted by strattegist > 2021-03-06 10:16 | Report Abuse

cool

EVO118

2,144 posts

Posted by EVO118 > 2021-03-07 15:22 | Report Abuse

Remember officially, Felda has not bought any above 1.30. Someone else has bought above 1.30. They in turn might accept the GO at 1.30 at a lost and hand over the shares for the benefit of Felda. Just be aware that any shares sold on the market at above 1.30 might ultimately end up with Felda. Don't just count the turnover at 1.30 and below. With D-day coming, assume all turnover in the next couple of days to ultimately end up in Felda's hand whether it is at 1.30 or above 1.30. It would be a lot cheaper for Felda to pay some brokers to pick up all that is available and then accept the GO, than to revised the GO upwards.

strattegist

23,459 posts

Posted by strattegist > 2021-03-07 17:06 | Report Abuse

relax

Mabel

24,148 posts

Posted by Mabel > 2021-03-08 00:02 | Report Abuse

Right EVO... that's why has included all the shares traded from 1st March and include them under Undesclosed Felda PAC Team

75 the may able to hit. 90 % unlikely based on previous volume

Meow

strattegist

23,459 posts

Posted by strattegist > 2021-03-08 08:57 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-03-08 13:01 | Report Abuse

steady

strattegist

23,459 posts

Posted by strattegist > 2021-03-08 16:08 | Report Abuse

cool

strattegist

23,459 posts

Posted by strattegist > 2021-03-08 17:15 | Report Abuse

relax cool and steady

8888_

2,923 posts

strattegist

23,459 posts

Posted by strattegist > 2021-03-08 23:43 | Report Abuse

relax

ratha52

121 posts

Posted by ratha52 > 2021-03-08 23:50 | Report Abuse

hope the price will be revised.

8888_

2,923 posts

Posted by 8888_ > 2021-03-09 09:17 | Report Abuse

Tradewind last time privatised very high price.

8888_

2,923 posts

Posted by 8888_ > 2021-03-09 09:18 | Report Abuse

Media Prima not included bec already above SM cost price?

Gtrade which company controlled by Said mokhtar ever turn out good? he control Pos msia, ,people logistic business doing so welldue to covid19 dmand, this pariah PosM lost more money

MMC, DRB highcom, all crony business spoon feed . Take away spoom feed cronism and see
MSM ?ever pay dividend?
09/03/2021 9:12 AM

strattegist

23,459 posts

Posted by strattegist > 2021-03-09 09:52 | Report Abuse

relax

8888_

2,923 posts

Posted by 8888_ > 2021-03-09 11:01 | Report Abuse

Perspective Lane reject in FGV how abt MSM?

8888_

2,923 posts

Posted by 8888_ > 2021-03-09 11:05 | Report Abuse

Perspective Lane rejected in FGV to protect BOD job fair to us?

8888_

2,923 posts

Posted by 8888_ > 2021-03-09 11:06 | Report Abuse

Felda offer ask to reject(by BOD) why Perspective Lane also same?

strattegist

23,459 posts

Posted by strattegist > 2021-03-09 11:33 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-03-09 15:43 | Report Abuse

maintain

strattegist

23,459 posts

Posted by strattegist > 2021-03-09 18:25 | Report Abuse

not many traded oredy.... good

andyvin07

134 posts

Posted by andyvin07 > 2021-03-09 22:39 | Report Abuse

@Mabel your figure is incorrect. I received a letter from Maybank pursuant to this offer. As of 25 Feb Felda already owns 2,787,430,489 shares = 76.41%.

andyvin07

134 posts

Posted by andyvin07 > 2021-03-09 22:51 | Report Abuse

26 Feb - 9 March open market purchase = 37,992,100. Total share hold by Felda as of 9 Mar = 2,825,422,589 = 77.45%

andyvin07

134 posts

Posted by andyvin07 > 2021-03-09 22:51 | Report Abuse

So in another 4 market days I think its impossible to achieve 90% holding. Good Luck

EVO118

2,144 posts

Posted by EVO118 > 2021-03-10 07:26 | Report Abuse

Felda already owns 77pc stake in FGV, says Tok Pa.
https://www.malaymail.com/news/money/2021/03/09/felda-already-owns-77pc-stake-in-fgv-says-tok-pa/1956367.

zackboy

243 posts

Posted by zackboy > 2021-03-10 08:28 | Report Abuse

Relax and collect the dividend of 3 sen first.

EVO118

2,144 posts

Posted by EVO118 > 2021-03-10 08:36 | Report Abuse

RELAX & STAY COOL. Felda is not going to get there by the end of 15th.

strattegist

23,459 posts

Posted by strattegist > 2021-03-10 09:16 |

Post removed.Why?

EVO118

2,144 posts

Posted by EVO118 > 2021-03-10 09:18 | Report Abuse

Can't see how restructuring the company's debt using SUKUK with Govt backed guaranteed, to reduce the loan used in this exercise as well as pay off settlers is going to help. They should be taking SUKUK loan to further increase the efficiency of their operation and increase future profits like replanting NOT pay off debts. Really got no business sense. Well, govt backing not their problem, just take and spend. I thought Tok Pa was a lot more astute financially than the rest of the ministers.

strattegist

23,459 posts

Posted by strattegist > 2021-03-10 09:19 | Report Abuse

The value of FGV's shareholding in MSM has increased in value
a lot... As such, the GO offer by Felda is too far off from
fair and reasonable by any standards..

Posted by Start_0f_the_bull > 2021-03-10 10:42 | Report Abuse

FGV owns 51% of MSM. So now how?

sureup1

45 posts

Posted by sureup1 > 2021-03-10 11:47 | Report Abuse

Tok Pa want to delist FGV? Why RM 1.3 GO price must remain when not so many interested?

sureup1

45 posts

Posted by sureup1 > 2021-03-10 11:56 | Report Abuse

Arab $ can make GO price up?

sureup1

45 posts

Posted by sureup1 > 2021-03-10 11:58 | Report Abuse

Delist FGV so Felda need <20% more FGV? Spend how much extra to delist?

sureup1

45 posts

Posted by sureup1 > 2021-03-10 11:59 | Report Abuse

About 730 million shares more FGV Felda must buy?

strattegist

23,459 posts

Posted by strattegist > 2021-03-10 13:00 |

Post removed.Why?

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-03-10 15:14 | Report Abuse

1.3 privatised from IPO RM 4.55 why Felda Settlers must agree? No other govn in M'sia?

strattegist

23,459 posts

Posted by strattegist > 2021-03-10 15:34 | Report Abuse

steady

hng33

20,491 posts

Posted by hng33 > 2021-03-10 16:25 | Report Abuse

FGV declared 3sen dividend, but the ex-date is 2 day after final take over lapse. FGV unlikely to success delist FGV as it stake is still far far below threshold 90% stake.

Thus, those opt to retain their holding can continue keep fgv after final offer lapse and entitle 3 sen dividend and more upside potential.

strattegist

23,459 posts

Posted by strattegist > 2021-03-10 17:20 |

Post removed.Why?

Posted by Start_0f_the_bull > 2021-03-10 19:30 | Report Abuse

So in order to meet the target 90% Felda will need to buy at higher price from opened market because the sell que is now RM1.32.

hng33

20,491 posts

Posted by hng33 > 2021-03-10 20:06 | Report Abuse

Felda cannot buy anything above 1.30, if it did, all the accepted earlier offer price at 1.30 have to raise up.

Thetefore, felda cannot buy anymore fgv share at 1.30 as almost all today transaction price is done at 1.31-1.32.

Those buy above 1.30 is to ensure felda cannot delist fgv share by prevent felda to accumulate stake to above 90%.

Just few day more, felda will officially annouce take over failed. Shareholder will continue hold fgv share and entitle 3 sen dividend and enjoy much higher updide as CPO price now is above RM 4000, fgv is largest palm oil planter and sugar, both business will continue shine, fgv willreap much higher profit. As free open market supply share is limited now, share price will easily uptrend.

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