VOXPOP ‘BN wants the Felda votes so they can't allow the price to fall below the offer price, at least not until GE13 is over.'
FGV falls below psychological mark, near its IPO price
Anonyxyz:
Don't worry, BN can print more ringgit and give them to Umno cronies to buy up the Felda Global Ventures (FGV) shares.
Or they will get EPF (Employees Providence Fund) and the government-linked funds to buy the shares and if they lose money, bail out these funds with tax money from the rakyat.
And if more people, including the Malays, protest... just create racial tensions, highlight Christianity, shout "ketuanan Melayu", say the Chinese are taking away Malay rights, etc... and everything will soon be back to ‘normal'.
After 50 over years of such a successful formula, where can they go wrong?
Jedi_Who: BN wants the Felda votes so they can't allow the price to fall below the offer price, at least not until GE13 is over.
So they will pump in money to maintain the price but at the same time they need money to cheat, bribe and buy over candidates to engineer an election victory. So what to do?
Joker: Will FGV now be using the EPF to prop up its share price?
With more than 3.6 billion shares and assuming an average price of RM5 per share, EPF's 6.8 percent share of FGV translates into RM1.2 billion of EPF members' money. Is this a sound investment decision by the EPF investment board?
Remember that half of FGV's plantations are over 20 years old. It is likely that FGV will need to replant them soon.
That could mean three years when FGV's income would drop by half while requiring a huge capital outlay to clear the fields and replant the old trees.
Anonymous_546289: Fundamentally, the IPO (initial public offering) was overpriced (compared to other well-run listed palm oil companies). With the expiry of pricing support arrangements with the banks (underwriters), the only direction for the share price is down.
Anti- Umno: BN has no more money to sustain FGV's price to be higher than RM5. If all the investors are selling, someone needs to buy. BN needs taxpayers' money to do that.
Since there is no more money in the coffers, FGV shares will experience a free fall to well below the IPO price soon.
Dont Just Talk: Just by looking at FGV's graph spiralling downwards from July 2 to Sept 3, it's not a picture of confidence. And how not to worry, Felda chairperson Mohd Isa Samad, with you at the helm of Felda.
Dood: Of course, there is no cause for concern. It's other people's money, right?
Jacob: Isa knows nothing about running FGV and his past experience being a corrupt public official does not train him to run and manage such a complicated operation.
YF: In a few months' time, the political landscape of Malaysia may change and you, Isa, may no longer have a job. You should be concerned.
Queenie: I get very concerned when someone tells me there is no cause for concern.
Ourvotesdecide!: The National Day celebration this year definitely was very different. Unlike previous National Day celebrations, this year BN leaders only want invited members to attend the celebration and it was no longer about celebrating the day of independence for Malaysia and further, those who opposed Umno-BN were demonised during the celebration.
And to make sure those invited attended the gathering, lucky draws with prizes like a car, air ticket to London, etc, were offered. So clearly the National Day celebration have been hijacked and abused by Umno-BN for their own political agenda.
Ong Guan Sin: The subtle (and politically damaging) message by associate professor Bridget Welsh is that Umno's political thinking and model are in trouble. The same applies to MCA, MIC and other narrow-based political parties inside the BN family.
Bob Teoh: The Asia Barometer Survey shows there's no problem with Malaysians identifying themselves as such. The problem is with Umno running the country to the ground.
N H Gong: Do we realise that only 51.7 percent of Malays identify themselves as Malaysians? What else would they identify themselves with? Islam? Indonesia? This is a disturbing reality.
Swipenter: When I first participated in Bersih 1.0, there were not many non-Malays at the rally. Then we had Hindraf.
Since then, subsequent Bersih rallies were very multi-racial. I think with the formation of Pakatan Rakyat, the non-Malay citizens are willing to make their stand publicly along with our Malay brothers and sisters because we feel included.
We are always proud to be Malaysians no matter how Umnoputras demonised us with the pendatang label.
Umno-BN has always divided us along racial/religious line and this has manifested in us identifying ourselves as Malay, Chinese, Indian, Dayak, Kadazan, etc, but only within our own country.
When we are overseas, we always identify ourselves as Malaysians, irrespective of our ethnic origins, even for those who have migrated.
I believe that the Umno-BN has successfully engineered a twin identity crisis in us with their divide-and-rule policies. We may dislike Umno-BN but we always love our country, Malaysia.
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