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 Felda Global, worth or not buy???

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nasT
post May 3 2012, 12:19 PM

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QUOTE(Oracles99 @ May 2 2012, 08:00 PM)
from The Edge Daily - "according to the draft prospectus, FGVHB has 323,587ha of oil palm estates of which 53% consists of oil palm trees that are more than 21 years old.."
Whether it is worth or not to apply, you be the judge. one analyst value the IPO at RM3.90 taking into account its EPS of 27 cents and the above
oil palm trees have an average life of 25 years.
Compared with FGVHB, 71.9% of Bumitama's total planted area is made up of immature and young plants. The rest are at the prime age of 7 to 18 years. Hence, Bumitama's growth potential far exceeds FGVHB
Little wonder that Bumitama's IPO closed with a 27.5% premium above its offer price in Singapore.
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Please clarify - what is the total hectarage of Bumitama? we need to look from the perspective of yield as well to make more meaningful comparison.

To me 51% area planted with trees of more than 21 years would mean the trees are at its peak in producing fruits. As i have said i'm more interested to look at the yield per hectare.....for comparo basis.


nasT
post Jun 18 2012, 12:55 PM

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QUOTE(yamatotrading @ Jun 18 2012, 12:34 PM)
got news. I get nothing.
applied for 60,000 shares.
bless you guys.
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sangkut..30k.

tenkiu tenkiu.

hopefully fly lor before the strike of the gong... brows.gif
nasT
post Jun 18 2012, 03:12 PM

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QUOTE(nasT @ Jun 18 2012, 12:55 PM)
sangkut..30k.

tenkiu tenkiu.

hopefully fly lor before the strike of the gong... brows.gif
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btw MIH already deducted upfront the refund.

kinda different manner this time..no more via cheque i supposed.
nasT
post Jun 21 2012, 11:34 AM

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QUOTE(kb2005 @ Jun 21 2012, 10:50 AM)
I have many friends tumpang bumi to apply. Again, this is base on trust. biggrin.gif
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wahh... ali baba wor. icon_idea.gif
nasT
post Jun 21 2012, 12:07 PM

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QUOTE(Manso55 @ Jun 21 2012, 11:44 AM)
Likewise!!!! Any Rich Amoi's wud like to tumpang my name to apply for MITI?We can discuss about this oso!!!All base on trust too.
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make sure her daily attire always with low slung spaghetti strap.... sweat.gif
nasT
post Jun 21 2012, 08:08 PM

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QUOTE(code_red @ Jun 21 2012, 02:29 PM)
Though i got allotted, my wife didn't get any - no wonder she's so rajin making iced nescafe for me every nite these few days, he..he..
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In my context, we share mah..
nasT
post Jun 28 2012, 08:47 AM

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QUOTE(code_red @ Jun 28 2012, 08:47 AM)
Master chefs, kasi goreng sedap2 please  rclxms.gif
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pretty & handsome lah...
nasT
post Jun 28 2012, 09:05 AM

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QUOTE(code_red @ Jun 28 2012, 09:03 AM)
i tengok screen pun pening, kena pakai ray-ban
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najib ketuk gong.. can't afford to go down.
nasT
post Jun 28 2012, 10:57 AM

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QUOTE(ronnie @ Jun 28 2012, 10:55 AM)
IPO @ RM4.45... Sell @ RM5.30 only earn 20% profit
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ok whatt.
nasT
post Jun 28 2012, 11:55 AM

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QUOTE(kb2005 @ Jun 28 2012, 11:44 AM)

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I have cleared all my 30k shares @ avg of RM5.36 from the public ballot.

For my MITI; 1 cleared but 1 lost in CDS transit (CIMBbank mah). Heard many of those with 30k MITI holdings still stuck as it is now. The no of investors affected that i know of around 25 pax...feel real sorry for them. Poor the innocent remisier kena tiao.

At the look of this game, i think the shares yet to find its bottom. As some earlier said, bad reps from foreign analysts equating the like of FB blah blah blah. BUT i think the counter will eventually rebound but the question is when and after hitting what price?

hmm.gif


nasT
post Jun 28 2012, 12:18 PM

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[quote=nizaas,Jun 28 2012, 12:01 PM]
[quote=nasT,Jun 28 2012, 11:55 AM]
I have cleared all my 30k shares @ avg of RM5.36 from the public ballot.

For my MITI; 1 cleared but 1 lost in CDS transit (CIMBbank mah). Heard many of those with 30k MITI holdings still stuck as it is now. The no of investors affected that i know of around 25 pax...feel real sorry for them. Poor the innocent remisier kena tiao.
Called up CIMB, they said about 1000++ account affected. Reason given: cds acc is inactive or duplicate. Total BULL...
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[/quote]


That is not acceptable. Those affected should gang up and intiate class action against them. Teach them a lesson. Any lawyer can share their standard of duty and responsibility?

now that give me the creeps for IHH.

sweat.gif


nasT
post Jun 29 2012, 11:26 AM

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QUOTE(antarkuzs @ Jun 29 2012, 11:11 AM)
haha...buat cerita or not it is up to u to believe. but my two eyes saw 'someone' got it at much lower price than 4.55 for fgvh.

i got 140k unit...better than IS.
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Judging at how the argument enveloping i can conclude that some of you are insiders.. nod.gif hehehe

so can go 7 or 8?? hmm.gif


nasT
post Jun 29 2012, 11:32 AM

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QUOTE(gunjack @ Jun 29 2012, 11:31 AM)
board member 130k
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so what made antarkuzz?... he claimed he gets 140k.

betui ka? rolleyes.gif
nasT
post Jun 29 2012, 02:25 PM

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Macquarie Securities started coverage of palm oil company Felda Global Ventures Holdings with an "underperform" rating and a target price of RM3.85 based on the firm’s unfavourable tree age and rising downstream competition.

Macquarie said in a note to clients that while local funds supported the stock’s debut on Thursday, research showed there could be a 27 percent downside to the share price.

Felda surged 20 percent in its trading debut as investors cheered on he world’s second largest IPO this year with share prices going as high as RM5.46.

Macquarie said Felda Global’s current fresh fruit bunch (FBB) yield is 15 percent lower than listed competitors with more than half of its estates at over 20 years old.

Increased competition from Indonesia and a reversal of abnormally high margins in 2011 may also weigh on profitability.

Shares in Felda Global fell 0.4 percent to RM5.28 on Friday, underperforming the broader market that inched higher. -- Reuters

Read more: Felda Global rated 'underperform' http://www.btimes.com.my/Current_News/BTIM...l#ixzz1zA24lyih



lerr... shakehead.gif


nasT
post Jul 1 2012, 12:06 PM

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QUOTE(masterjedi @ Jul 1 2012, 07:13 AM)
secara peribadi, stay out from this counter. tak masuk join sama dalam buat ipo that have issue with warga felda sendiri.

many good plantation counter like th plantation, bld plantation and many more. this one tak dapat pun takpe.
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U r one of the sour ones ayy? It is a matter of principle. Whichever sides... Respect all.
nasT
post Jul 5 2012, 09:34 AM

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QUOTE(SamD @ Jul 4 2012, 09:11 PM)
OK to learn about call warrant but NOT buying it. Read below for words of advise from others who got burned sweat.gif.  The gist of it is "You can't never win playing against the investment banks". So, you've been forewarned icon_rolleyes.gif .

HOW MANY OF U THINK THAT THE BANKS ARE THE BIGGEST CONMAN IN BURSA
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err.. i beg to differ. I have made some money from CWs in the past. The thing is U really have to know your entry & exit price. First rule: Don't let emotion take control of ya... shakehead.gif
nasT
post Jul 12 2012, 03:53 PM

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QUOTE(zitis @ Jul 12 2012, 03:49 PM)
Done at 5.35.
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u r the man... oops lady.

blush.gif
nasT
post Aug 27 2013, 08:31 AM

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you should have sold lock stock & barrel... i know someone did this & made a cool 28k gain.

Personally i made much less than that but still a profit.

lesson to be learnt.


nasT
post Nov 20 2013, 10:33 PM

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The grandfather of westport....

 

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