Posted by Mabel > 2021-06-13 23:48 | Report Abuse

No Lah...

The cat will gain from Serba current shortcoming...

Meow

Posted by strattegist > 2021-06-14 09:27 | Report Abuse

relax

Posted by strattegist > 2021-06-14 09:27 | Report Abuse

cool

Posted by strattegist > 2021-06-14 09:27 | Report Abuse

steady

Posted by Sunshine > 2021-06-14 15:47 | Report Abuse

Fgv acquired on 19-May,but publish news on 8-June. What's going On?

Posted by Parksonguy > 2021-06-14 16:25 | Report Abuse

Its mean dead meat. Fgv going to privatisation at rm1.3 as felda more then 81% of fgv shares. If hit 90% they wanted privatisation at rm1.2 also can.

Posted by Sunshine > 2021-06-14 17:07 | Report Abuse

My question is rather - given FGV is below the 25% statutory public spread requirement, buying more doesn't it amount to a violation.

Posted by DickyMe > 2021-06-14 17:08 | Report Abuse

Privatise at 0.20 also can..kikiki.

Posted by Mabel > 2021-06-14 21:12 | Report Abuse

Haiyaa...

Luckily Serba Dinamik make my day today..

FGV still hasn't move..

Burp.. Excuse me...

Posted by mikeazk > 2021-06-15 09:22 | Report Abuse

Good day all. FGV acquired 4.1M shares on 19-May, but the price on that day ranges from 1.36 to 1.39.. Does that means that FGV will have to up the privatisation price to that range too ? Thanks

Posted by strattegist > 2021-06-15 09:33 |

Post removed.Why?

Posted by Sunshine > 2021-06-15 09:37 | Report Abuse

Don't bother asking here. You will probably get daunting reply.

Between shareholder to shareholder(i assume you are), below is what I think :

FGV does not adopted Reverse Book Building method, and I guess it would be up to Maybank2u IB to determine the 'unfair offer price'. Don't know how it's calculated - if it's by NTA and future profits, I would think price may be slightly higher due to acquisition of recent MsM assets.

Posted by Sunshine > 2021-06-15 09:45 | Report Abuse

Sorry for the typo errors... Replying from mobile with auto correction turned on.

Posted by Parksonguy > 2021-06-15 09:57 | Report Abuse

No privatisation price should be lower due to fgv used high price buy lapsap from MSM. People dont want the land already but fgv used high price buy it.

Posted by TheSecret > 2021-06-15 10:07 | Report Abuse

If can get Fgv at Rm1.30 is 99% winner

1. Felda already got offer at Rm1.30 to take private before

So the base price is Fixed at Rm1.30 (cannot be lower than what they have previously offered )

2. Since Klk offered Rm3.10 to take private Ijmplant from Rm2.46 the chances of Felda revising offer price upward is very good

Anything Rm1.50 to Rm1.60 means a gain of 20 to 30 sen by Aug 3 which is 48 days or less than 7 weeks away

Soyoil now sustained that means Cpo prices will maintain above Rm3200 which is very good already

Best of all is Fgv has locked in forward sales till Dec 31 2021 for Cpo at Rm4000 which is an excellent move

All the favourable factors are now clear for Fgv

I have sold all Ijmplant and switched to Fgv, Tsh and others

Posted by Mikecyc > 2021-06-15 10:27 |

Post removed.Why?

Posted by Mikecyc > 2021-06-15 10:28 |

Post removed.Why?

Posted by Mikecyc > 2021-06-15 10:30 |

Post removed.Why?

Posted by Parksonguy > 2021-06-15 10:49 | Report Abuse

Cpo price lower the 2900 fast run. Felda will privatisation at rm1.28 as recommend by maybank IB.

Posted by Hidup_PN > 2021-06-15 11:07 | Report Abuse

Why not Felda buy more? Lower price save govn $ not true? 78.166% FGV sure not enough to delist.

Posted by Hidup_PN > 2021-06-15 11:18 | Report Abuse

Make sense. Firstly should add more on weakness to save $ privatise balance not owned later.

mikeazk Good day all. FGV acquired 4.1M shares on 19-May, but the price on that day ranges from 1.36 to 1.39.. Does that means that FGV will have to up the privatisation price to that range too ? Thanks
15/06/2021 9:22 AM

Posted by Sunshine > 2021-06-15 11:24 | Report Abuse

@Hidup_PN this brings to my question about FGV public spread. They are already in violation not meeting Bursa's min spread requirement and yet added another 4.1mil shares further reducing it... Not sure what is going on..

Posted by Hidup_PN > 2021-06-15 11:45 | Report Abuse

1.27(1.3 minus 3 sen dividend) and below no hope? Felda add more?

Posted by strattegist > 2021-06-15 11:46 |

Post removed.Why?

Posted by Hidup_PN > 2021-06-15 11:46 | Report Abuse

78.166% not 90% yet haha.

Sunshine @Hidup_PN this brings to my question about FGV public spread. They are already in violation not meeting Bursa's min spread requirement and yet added another 4.1mil shares further reducing it... Not sure what is going on..
15/06/2021 11:24 AM

Posted by Hidup_PN > 2021-06-15 11:48 | Report Abuse

Although some1(incl Edge, Maybank?) quote 81% I refer to Bursa % announcement.

Posted by 8888_ > 2021-06-15 11:58 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
FGV HOLDINGS BERHAD

Particulars of substantial Securities Holder
Name FEDERAL LAND DEVELOPMENT AUTHORITY (FELDA)
Address LEVEL 47, MENARA FELDA, PLATINUM PARK
NO.11, PERSIARAN KLCC
Kuala Lumpur
50088 Wilayah Persekutuan
Malaysia.
Company No. LD0200F1956
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 19 May 2021
4,107,200
Acquired Direct Interest
Name of registered holder FELDA
Address of registered holder LEVEL 47, MENARA FELDA, PLATINUM PARK, NO.11, PERSIARAN KLCC, 50088 KUALA LUMPUR
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of 4,107,200 shares in open market
Nature of interest Direct Interest
Direct (units) 2,398,691,591
Direct (%) 65.751
Indirect/deemed interest (units) 452,921,192
Indirect/deemed interest (%) 12.415
Total no of securities after change 2,851,612,783
Date of notice 08 Jun 2021
Date notice received by Listed Issuer 08 Jun 2021
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3164903

Posted by strattegist > 2021-06-15 12:30 |

Post removed.Why?

Posted by Mabel > 2021-06-15 14:13 | Report Abuse

All FGV needs is one good news like Serba yesterday...

Dnex has Foxconn { Hon Hai }

Serba has EY, once audit clear, it will rocket..

What could be that fantastic News for FGV?

Looking forward to hear from the Team

Meow

Posted by Parksonguy > 2021-06-15 14:14 | Report Abuse

Privatisation at rm1.3 kira good news?

Posted by Mabel > 2021-06-15 14:48 | Report Abuse

Unfortunately at RM 1.30 not good enough Bro..

Meow

Posted by strattegist > 2021-06-15 15:38 |

Post removed.Why?

Posted by Mikecyc > 2021-06-15 16:26 |

Post removed.Why?

Posted by Mikecyc > 2021-06-15 16:28 | Report Abuse

Date Settlement Price RM
14 Jun 21 3375
11 Jun 21 3663
10 Jun 21 3844
9 Jun 21 3871
8 Jun 21 4049
4 Jun 21 4129
3 Jun 21 4158

Posted by Mikecyc > 2021-06-15 16:28 |

Post removed.Why?

Posted by nobady > 2021-06-15 16:33 | Report Abuse

market collect above 1.30. t.over 1.30
alots of share already control by them
why price will drop down below 1.30

Posted by strattegist > 2021-06-15 17:16 | Report Abuse

relax

Posted by SharehlderOppression > 2021-06-15 17:45 | Report Abuse

Yes until today public shareholding spread not rectified
One rule for FGV another rule for others?
If major shareholder is sincere just increase it to a better offer like IJM plantation.

Posted by DickyMe > 2021-06-15 19:47 | Report Abuse

C.R.A.C.c.c.K.kkk!

Posted by Parksonguy > 2021-06-15 20:21 | Report Abuse

No worry. Felda holded more then 81% of share already. Now pending umno pahang undertable only. Its call "condition share back". Felda used this method buy back share fgv from tabung haji and epf at price rm1.3. "condition buy back" mean after sussesfully privatisation felda will compasate to the major share holder. The ikan bilis can eat tahi.

Posted by awesome20 > 2021-06-15 20:25 | Report Abuse

1.30 good?

Posted by firehawk > 2021-06-15 20:30 | Report Abuse

Ho Ho Ho！ Good! is very good!

for Felda!!

Posted by Mabel > 2021-06-15 23:27 | Report Abuse

CPO prices expected to see quick & sharp rebound...

https://www.theedgemarkets.com/article/cpo-prices-expected-see-quick-and-sharp-recovery-says-dorab-mistry

Posted by strattegist > 2021-06-15 23:50 |

Post removed.Why?

Posted by Mikecyc > 2021-06-16 07:57 |

Post removed.Why?

Posted by Mabel > 2021-06-16 08:07 | Report Abuse

Oil Prices Rise As Demand Outstrips Supply

Brent is now USD 73.76...

They rise together Mouse...

Meow

Posted by Parksonguy > 2021-06-16 08:46 | Report Abuse

Fgv 2nd quarter will declare 200millions losses due to buy MSM perlis and replanting project. Fast run.

Posted by Parksonguy > 2021-06-16 08:47 | Report Abuse

First quarter 40million loses and 2nd quarter 200millions loses. Felda geng la.

Posted by Parksonguy > 2021-06-16 08:50 | Report Abuse

Knn felda. Want privatisation fgv still can used 170millions pump into MSM. Pui.

Posted by Parksonguy > 2021-06-16 08:51 | Report Abuse

Say every quarter loss profit but got extra income pump into MSM and buy lapsap land perlis.