Haha 118, why FGV is not up like MSM? That's easy. Because FGV is a cornered, controlled and manipulated stock. It will go wherever the operator aka Felda wants it to go. Fundamentals, corporate development, demand and supply do not apply. But don't bother. Just collect dividends and live happily ever after. Life is good. Cheers.
What a useless company. Not only poor result but got the cheek to ask for extension of time again to rectify spread issue. Really bodoh. Buying time and delaying tactics again. The regulators should tell them to go fly kite.
Good morning Mabel. I guess there were some kind of rumours that caused share price of MSM surging like mad yesterday. Maybe privatisation of MSM or government approved the sugar price free float. Just my guess ya.
Relax Mabel meow meow. You are always very cool. But why so kan chiong this time? After all you have already sold your FGV, right? Give some time for guru Calvin to draft his masterpiece la. FGV is going nowhere anytime soon. Cheers.
On August 8, 2023, Assam Chief Minister Himanta Biswa Sarma announced that the state government had initiated a large-scale oil palm plantation project in partnership with Patanjali Food Limited (PFL).
The ambitious project is an initiative to achieve Prime Minister Narendra Modi’s goal of self-sufficiency in edible oil production. The venture will bring 370,000 hectares of land under monoculture plantation, according to the announcement.
#CALVIN. pls note FGV is not the same as other plantation and they can't get upside on land value. Felda can anytime take back the land at 5X PAT for old estate and 10X PAT of new estate.. the PAT is for CPO only of all the estates average. See the IPO doc. When I have time I will post which page. Pls understand FGV land is owned by Felda and they can anytime take it back and pay the above formula to FGV.
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....