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

steady

Posted by strattegist > 2021-07-07 11:06 |

Post removed.Why?

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

relax

Posted by strattegist > 2021-07-07 11:07 | Report Abuse

cool

Posted by 8888_ > 2021-07-07 11:57 | Report Abuse

Felda still short of owning 90% FGV to privatise. So how ?
1) Add more from open market
2) Offer higher privatisation price no more RM 1.3.

vjn86 Fgv seems like keep collecting. I thought they have minimum spread to maintain. Can anyone enlighten me please.
06/07/2021 11:55 PM

Posted by Mabel > 2021-07-07 15:28 | Report Abuse

Nice and lovely ...RM 1.33

Waiting for CPO rally...

Meow

Posted by 500Bilis > 2021-07-07 15:41 | Report Abuse

1. FGV has until 3rd Aug to comply with Public Spread Requirement (PSR);
2. To comply with PSR, FGV firstly need to stop buying from open market and secondly to either dispose its current share holding or to issue PP to new investors before the deadline;
3. On 3rd Aug, either FGV able to comply and maintain its listing status OR to ask for further extension so that FGV can make another new offer (after 6 months i.e. 15th Sep?) to successfully takeover and delist the company.

Conclusion : Since the mandatory takeover offer lapsed on 15th March 2021, FGV kept reducing its PSR by acquiring more shares from open market and hence, FGV probably has plans to make the takeover happens....a new offer price maybe? Just my 2sen though....

Posted by tritan > 2021-07-07 15:48 | Report Abuse

https://www.malaysiakini.com/news/582080

Posted by strattegist > 2021-07-07 16:13 |

Post removed.Why?

Posted by strattegist > 2021-07-07 17:36 | Report Abuse

closed red... relax

Posted by Mikecyc > 2021-07-07 21:05 |

Post removed.Why?

Posted by Mikecyc > 2021-07-07 21:15 | Report Abuse

Jul 2020 2,959.72 5.45 %
Aug 2020 3,186.16 7.65 %
Sep 2020 3,305.09 3.73 %
Oct 2020 3,402.78 2.96 %
Nov 2020 3,779.19 11.06 %
Dec 2020 4,129.47 9.27 %
Jan 2021 3,997.72 -3.19 %
Feb 2021 4,126.48 3.22 %
Mar 2021 4,236.23 2.66 %
Apr 2021 4,446.03 4.95 %
May 2021 4,795.31 7.86 %

Posted by Mikecyc > 2021-07-07 21:16 | Report Abuse

June CPO average price 3500 ke ??

Posted by 8888_ > 2021-07-08 09:05 | Report Abuse

RM 8.3 billion include $ for FGV privatisation?

Posted by EVO118 > 2021-07-08 09:22 | Report Abuse

Going to throw more good money after bad money. Better off selling it to SM. If you can't get it to make money after all these years, it is because the people running it are not capable. Only interested in looking after their own pocket. With SM it will be different because it will be his own money not back by the government.

Posted by Mabel > 2021-07-08 09:53 | Report Abuse

Haha ConMouse,

Please share with your "so call" auntie uncle on the latest development on FCPO. For every consolidation, there's also an opportunity.

CRUDE PALM OIL FUTURES (FCPO) ACTIVE CONTRACTS, DAILY CANDLESTICK CHART (MYR3,795)

The FCPO traded lower yesterday following a gap down during the morning session. Short covering however pared earlier losses as the FCPO is forming a “spinning top” that signals a
consolidation is ahead. We opine the FCPO will continue to linger within the current support for the
time being. The overall bias remains weak.

SUPPORT
S1: MYR3,740 S2: MYR3,644

RESISTANCE

R1: MYR4,000 R2: MYR4,155

MOMENTUM

Selling pressure at resistance

TREND

LT structures still negative

Malaysia is the 2nd Biggest Exporter for Palm Oil. We are dealing with an industry that is feeding 8 billion people across the Globe. Mabel motivation is feeding 8 Billion people across the Planet + Bio Diesel Renewable Energies. Malaysia Palm oil and palm oil products are expected to contribute more than RM70 billion in 2020 with an export volume of 17.7 million tonnes. India has even reduce their import tax to make way for Mabel Oil.. Here's the best part.. our Malaysian farmers has now beaten our rival Indonesian planters hands down to be the biggest exporter to India..

Chappati and Tossei will never be the same without Mabel Oil (Palm Oil). Shah Rukh Khan, Salman Khan and Amir Khan send their regards to all Malaysian Farmers.

ECRL will cut through FGV and TDM at a Speed of 170km/h. Soon all these Plantation will increase in value...

Meow Meow Meow

Posted by zackboy > 2021-07-08 10:17 | Report Abuse

According to news report, FELDA is negotiating with state governments holding 9pc of FGV shares.
What are the possibilities of the stock going higher? With the current political situation I don't think the state governments under BN or UMNO willing to give an easy way for FELDA to buy FGV cheap from them.
https://www.bharian.com.my/bisnes/korporat/2021/07/836711/felda-optimis-jadikan-fgv-syarikat-persendirian

Posted by 8888_ > 2021-07-08 10:57 | Report Abuse

Bera newly appointed DPM constituency also a Felda settlement like Pagoh.

Posted by 8888_ > 2021-07-08 10:57 | Report Abuse

RM 2 new privatisation price?

Posted by Mikecyc > 2021-07-08 11:12 |

Post removed.Why?

Posted by Mikecyc > 2021-07-08 11:13 |

Post removed.Why?

Posted by EVO118 > 2021-07-08 11:19 | Report Abuse

The dogs have been barking for $2.00 since the GO. Unfortunately Felda is not listening or maybe they are hoping squeeze for more govt injection since an election is close by

Posted by strattegist > 2021-07-08 13:07 | Report Abuse

green

Posted by strattegist > 2021-07-08 13:07 | Report Abuse

steady

Posted by strattegist > 2021-07-08 13:08 | Report Abuse

relax

Posted by strattegist > 2021-07-08 13:08 | Report Abuse

cool

Posted by strattegist > 2021-07-08 13:08 | Report Abuse

yeahhhhhhhh

Posted by DickyMe > 2021-07-08 13:09 | Report Abuse

RM8.3 Billion, tax payer money going up in smokes?

Posted by EVO118 > 2021-07-08 13:30 | Report Abuse

Felda to make fresh takeover offer for FGV
https://www.nst.com.my/business/2021/07/706229/felda-make-fresh-takeover-offer-fgv

Posted by 500Bilis > 2021-07-08 13:50 | Report Abuse

1. Felda still keen to takeover & delist FGV;
2. Felda currently negotiating with Pahang & Sabah state govt for their 5% and 4% holding respectively;
3. Ain't a negotiation when Felda has nothing new to offer (new offer price maybe?)
4. Govt agreed partial waiver of RM8.3b debts of Felda (more cash available for Felda to offer higher price?)
5. If Felda raises higher offer price, they no need to pay extra to those already accepted the RM1.30 offer.

What's the odd? RM1.30 or new price?

Posted by strattegist > 2021-07-08 13:58 | Report Abuse

new offer laaa...

Posted by strattegist > 2021-07-08 13:58 |

Post removed.Why?

Posted by Mabel > 2021-07-08 16:51 | Report Abuse

RM 2 is much better than ridiculous RM 1.3

Meow

Posted by strattegist > 2021-07-08 18:47 | Report Abuse

closed green

Posted by strattegist > 2021-07-08 18:47 | Report Abuse

steady

Posted by strattegist > 2021-07-08 18:48 |

Post removed.Why?

Posted by Mabel > 2021-07-08 22:43 | Report Abuse

Indeed...

Posted by strattegist > 2021-07-09 11:56 | Report Abuse

green

Posted by strattegist > 2021-07-09 11:56 | Report Abuse

steady

Posted by strattegist > 2021-07-09 11:57 | Report Abuse

relax

Posted by strattegist > 2021-07-09 11:57 | Report Abuse

cool

Posted by Letsfly > 2021-07-09 12:16 | Report Abuse

I have a straightforward thinking.... CPO price has been high and able to give a profit margin of more than 50%. Fruits supply has been steadily increasing, while price still sustains. Even if the share price drops, its still worth holding, or even better buy more. No reason to let it go yet.

Posted by strattegist > 2021-07-09 13:32 |

Post removed.Why?

Posted by Mabel > 2021-07-09 19:50 | Report Abuse

Where is Mouse?

When FGV is GREEN, he is missing..

Meow

Posted by strattegist > 2021-07-09 20:18 | Report Abuse

closed green

Posted by strattegist > 2021-07-09 20:19 | Report Abuse

good

Posted by strattegist > 2021-07-09 20:19 | Report Abuse

steady

Posted by strattegist > 2021-07-09 20:19 | Report Abuse

relax

Posted by strattegist > 2021-07-09 20:20 | Report Abuse

cool

Posted by Sunshine > 2021-07-10 08:39 | Report Abuse

The govt announced the $9.9 bil sukuk bond will be used to restructure the $8.3bil felda settler’s loan and balance to finance FgV privatization.

Does any one know if the point fgv privatization means acquiring the remaining 19% shares outstanding today? if yes, it looks like next offer price could be $2.30 at min.

just sharing a thought here..