Posted by EVO118 > 2022-07-21 19:29 | Report Abuse

lionel messi
Excellent analysis. I totally agree with your insight.

Posted by Mabel > 2022-07-21 19:38 | Report Abuse

Mabel Fossil Fuels Battleships, Plantation Biofuel, Techs Missiles and Healthcare did great today....

Meow Meow Meow Meow

Posted by lionel messi > 2022-07-22 08:20 | Report Abuse

You are too kind EVO118. Just common sense and logical deductions based on available information.

Posted by EVO118 > 2022-07-25 14:53 | Report Abuse

As cost of living goes up, Felda settlers say welfare spiralling down.
https://www.malaysianow.com/news/2022/07/25/as-cost-of-living-goes-up-felda-settlers-say-welfare-spiralling-down

Posted by EVO118 > 2022-07-25 15:47 | Report Abuse

Poor settlers. They should realised by now that this whole set up is for the Bumis who has got connections to keep draining the pot of GOLD. The low $2500 per month increase for the lowest non executive Directors would have help the settlers if spread out for their benefit instead of a few priviledge Bumis. Pity most of these uneducated settlers who keep believing the LIE.

Posted by EVO118 > 2022-07-25 20:37 | Report Abuse

Trial of former Felda chairman Shahrir Samad’s money laundering case to begin tomorrow.
https://klse.i3investor.com/web/blog/detail/savemalaysia/2022-07-25-story-h1626943104-Trial_of_former_Felda_chairman_Shahrir_Samad_s_money_laundering_case_to

Posted by EVO118 > 2022-07-27 15:33 | Report Abuse

Further case management of ex-FELDA chairman Isa Samad's RM3m graft appeal on Sept 8.
https://www.theedgemarkets.com/article/further-case-management-exfelda-chairman-isa-samads-rm3m-graft-appeal-sept-8.

We need to show a bit of guts in putting at least one of these leeches in jail, no more wayang

Posted by calvintaneng > 2022-07-27 16:19 | Report Abuse

FGV - FULL OF GOLDEN VALUE

FELDA QUICKLY GIVE A HIGHER PRICE & GET IT DONE!

Posted by EVO118 > 2022-07-27 17:02 | Report Abuse

FELDA settlers to bear RM18,000 in debt for replanting of oil palm.
https://www.theedgemarkets.com/article/felda-settlers-bear-rm18000-debt-replanting-oil-palm.

There goes the BN-UMNO votes.

Posted by EVO118 > 2022-07-27 17:15 | Report Abuse

Too close to 3rd Aug for a GO. It is not going to happen. It sure doesn't look like FELDA has been reducing their % holding of FGV. Now it is a matter of who call the shots. Bursa or Felda? Another 6 months extension?

Posted by lionel messi > 2022-07-28 06:08 | Report Abuse

IPO price of RM4.45 back in June 2012, now trying to mop everything at RM1.50? No way baby. Fat hopes. Like I said earlier, take their own sweet time. I want a few more years of dividends. Let's see who can wait longer.

Posted by EVO118 > 2022-07-28 07:06 | Report Abuse

GWGF claims Felda replanting deal is biased.
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2022/07/27/gwgf-dakwa-perjanjian-tanam-semula-felda-berat-sebelah/.

Posted by Letsfly > 2022-07-28 09:11 | Report Abuse

kekeke 4.45 take private, i wouldnt mind giving... durian runtuh...

Posted by lionel messi > 2022-07-28 10:50 | Report Abuse

One thing wanna ask sifus: what is compulsory acquisition? Can I be a dissenting shareholder forever?

Posted by EVO118 > 2022-07-28 11:38 | Report Abuse

The only thing stopping FELDA from taking over in a GO is because the state institutions who are holding a decent % are not willing to let it go at the price FELDA is offering. With the WAP @ the moment at 1.50, my guess is for it to be successful it has to be at least 2.50-2.80. Anyway it is not going to happen in the near future. After GE15 maybe.

Posted by lionel messi > 2022-07-28 12:25 | Report Abuse

Thanks EVO. Comforting to know. I will whack more at RM1.50 and below :)

Posted by lionel messi > 2022-07-28 14:10 | Report Abuse

Wonder who has been selling to Felda since early July at RM1.50.

Posted by KooSan > 2022-07-28 15:43 | Report Abuse

Hi Messi, if I am not mistaken, compulsory acquisition will happen when FELDA owns more than 90% shares. I think now at most they are holding 81%.

Posted by lionel messi > 2022-07-28 16:14 | Report Abuse

Noted with thanks KooSan. Hope they won't reach 90.01% at RM1.50 by making a pact with some big shareholders and then do a compulsory at that price.

Posted by lionel messi > 2022-07-29 12:03 | Report Abuse

Many companies have in the past done it before. Do "funny things" with certain shareholders to trigger a low compulsory GO price to rip off minority shareholders. But don't try it here. ESG is watching you closely.

Posted by KooSan > 2022-07-29 16:08 | Report Abuse

Retail shareholders should stand united!

Posted by StartOfTheBull > 2022-07-29 16:26 | Report Abuse

Undervalued stock.

Posted by Mabel > 2022-07-30 08:53 | Report Abuse

"Don't let the fear of losing be greater than the excitement of winning"― Mabel Kiyosaki

Posted by lionel messi > 2022-07-30 10:04 | Report Abuse

Losing or winning fair is ok but in Malaysia, corporate governance is very poor. Minority shareholders always kena ripped off in major corporate exercises.

Posted by calvintaneng > 2022-07-31 19:03 | Report Abuse

FULL OF GOLDEN VALUE

https://sgx.i3investor.com/blogs/Jbhouseforsale/2022-07-31-story-h49564404-TOP_10_POWERFUL_REASONS_WHY_PALM_OIL_BULL_RUN_WILL_RESUME_THIS_AUGUST_202.jsp

Posted by EVO118 > 2022-08-01 10:13 | Report Abuse

Is there a compulsory disposal because they exceed the substantial free shares percentage? Bursa can't possibly allow FELDA to slowly creep up to 90% without making a GO and then force a compulsory acquisition on the remaining shareholders. So what is it going to be? Can FELDA do what they want or can Bursa force the issue? Who is BOSS? Guess we will know by tomorrow.

Posted by EVO118 > 2022-08-01 20:22 | Report Abuse

FELDA continues raising its stake in FGV.
https://www.theedgemarkets.com/article/felda-continues-raising-its-stake-fgv

Posted by taitaumau > 2022-08-02 08:18 | Report Abuse

In the context of Non-compliance with public shareholding spread, WILL BURSA SECURITIES APPLY DOUBLE STANDARD ?

Re: LTKM case
Take-over closed on 2/10/2019
Latest extension of time till : 31/3/21
Further extension rejected on 2/4/21
Period granted: 18 months

Now, dealing with fgv
Take-over closed on: 15/3/21
If same standard applies, extended DEADLINE should be: 3/8/22 ( latest known date) ???

For the past 18 months, i wonder what positive action has been taken by FGV to address the declining shortfall ????
i believe FGV owes its minority shareholders an explanation. what say u

Posted by lionel messi > 2022-08-02 09:09 | Report Abuse

I say they are scheming and scamming how to swallow the whole company at the lowest possible price. Minority shareholders, who gives a damn.

Posted by EVO118 > 2022-08-02 09:35 | Report Abuse

So does the poor investors who accepted the original GO get a refund or compensated for the difference in the current buying price FELDA paying for since the acceptance was based on a takeover?

Posted by EVO118 > 2022-08-02 09:41 | Report Abuse

If they can let the deadline stretch out for 18 months then the GO should be valid for 18 months. If FELDA can stretch investors out for 18 months, I think investors would be willing to accept some compensation 18 months later.

Posted by EVO118 > 2022-08-02 09:52 | Report Abuse

There was never any intention of FELDA rectifying the substantial free shares percentage. If anything it is FELDA's intention to use the extentions to try and increase their holding to a level to enable them to do a compulsory acquisition. WAKE UP BURSA!

Posted by lionel messi > 2022-08-02 10:52 | Report Abuse

To be fair, they have said many times of not wanting to remain listed. The only thing that disturb their plan was inflation. Now most of the remaining minority shareholders are not willing to sell cheap. To these shareholders especially the bigger state or govt linked one, I must caution you not to go into any scam with Felda on the cheap to reach 90% in order to rip off balance shareholders and get some sort of rebate or kick back in return. Have some conscience and play fair. KARMA is real.

Posted by EVO118 > 2022-08-02 11:43 | Report Abuse

This is a PLC. You got it listed with some ridiculous IPO price by getting the funds from us investors and now you want to take it private but not prepared to pay? Just because your intention is to go private doesn't mean we are going to give it to you at that price. We will get more if FGV's Directors are prepared to even consider Syed Mokhtar's offer.

Posted by 8888_ > 2022-08-03 12:03 | Report Abuse

Anwar PM10 only can help cheated Peneroka Felda and minority shareholders who bought FGV IPO priced RM 4.55?

Posted by EVO118 > 2022-08-03 12:30 | Report Abuse

Anwar is HISTORY! You need someone like BOSSKU who might be dedicated enough to protect his father's legacy. With an architect of Low Yat fiasco running the country, the stock market is not going anywhere. Malaysia will be looking at bigger problems.

Posted by EVO118 > 2022-08-03 17:11 | Report Abuse

Bursa, has to tell us sooner or later whether they are going to be "CHICKEN" or "TIGER" with FELDA. Can't hide from the fact that they and the rest of the investors here have been taken for a ride.

Posted by lionel messi > 2022-08-04 09:41 | Report Abuse

Relax and chill EVO. I want my at least 8 sen div. Gives me yield of 5.3% at current price. Not too bad. If there is no compulsory, I'm not too worry. Just collect as many.

Posted by Syndicates > 2022-08-04 21:21 | Report Abuse

can be like this one? no immediate announcement after deadline? walao tell us lah want suspend trading or another extension to solve public spread issue.

Posted by EVO118 > 2022-08-04 21:55 | Report Abuse

Relax, they will have to come back to the investors. It's Bursa's duty to keep investors informed, just trying to hatch the story.

Posted by EVO118 > 2022-08-05 07:39 | Report Abuse

Because it is a GLC they think it belong to their grandfather and can do whatever they want and answerable to nobody. Typical Malaysian Bumi GLC mentality.

Posted by lionel messi > 2022-08-05 08:15 | Report Abuse

What is the recourse for minority shareholders? How to name and shame Bursa and/or Felda? Write to bursa2u@bursamalaysia.com

Posted by lionel messi > 2022-08-05 08:32 | Report Abuse

I have just done so. Go slam them. The more complains the better. Shareholders activism. Let's fight baby :)

Posted by EVO118 > 2022-08-05 09:39 | Report Abuse

I am ready to buy if they enforce a force sell on FELDA. Below 1.30 would be just fine for starters.

Posted by EVO118 > 2022-08-05 10:55 | Report Abuse

What are they still sleeping? Wake up, it is nearly 11.00 am. Most Malaysians get to work early.

Posted by EVO118 > 2022-08-05 11:50 | Report Abuse

You know most of us investors are online before 9.00am. By 11.00am we are probably heading to the nearest kopitiam for our kopi or teh tarik and by 12.30pm we are having a lunch break. So what are they doing?

Posted by lionel messi > 2022-08-05 11:52 | Report Abuse

No no EVO. Die die also they want to be delisted. No question of forced selling. Just a question of how much?

Posted by 8888_ > 2022-08-05 21:39 | Report Abuse

Another 6 month extension?

Posted by EVO118 > 2022-08-05 21:47 | Report Abuse

"The Company has, on 26 July 2022 applied for a further six months’ extension which is pending response from Bursa Securities."

What is that suppose to mean. Surely they are not going to give another 6 months without FELDA even trying to to get the publis shareholding spread in order. If anything they are abusing the generosity of that extension. To put it in perspective, from the date of the first extension till the next one, if you have a baby, he or she will be 2 years old. How time flies. We could easily make some money on some other counters within the 2 years.

NO YOU BIG "CHICKEN".

Posted by KooSan > 2022-08-05 21:53 | Report Abuse

Evo, I think it's more like FELDA still has not received the mandate from the "TOP". That is why they request for another extension and I think they will get it.