“Jika Pilihanraya Esok Pembangkang Boleh Menang 2/3 Parlimen”
The share price has gone from RM5.50 at IPO in June 2012 to just above RM1.91 per share by June 2015. 55 kerusi Parlimen UMNO terletak dalam kawasan Felda.
OutSyed the Box
Saya ingin tujukan tulisan ini khas kepada ahli Majlis Tertinggi UMNO, Menteri-Menteri UMNO, KB, AJK Bahagian dan semua ahli UMNO. Dengar baik-baik. This is serious ok.
Saya lebih selesa menulis dalam BI sebab lebih cepat menaip, boleh melebihi 110 km/j.
During 22 years of Tun Dr Mahathir’s rule, Dr Mahathir was ever ready to dissolve Parliament and call for snap elections. I recall Dr Mahathir saying it once – ‘We can dissolve Parliament even tomorrow’.
This was not arrogance by Dr Mahathir. It was the solidness of the administration, it was a comfort that we always had that the BN would always win the general elections at any time. That is now past history.
Yesterday evening I had a long conversation with a very astute VVIP and he said, ‘If we have the general elections tomorrow the Opposition will win 2/3 majority in Parliament’.
I think this is a correct observation. Kalaulah pilihanraya diadakan esok, Pembangkang boleh menang dengan 2/3 majority.
Saya rasa jika pilihanraya diadakan tiga tahun dari sekarang mungkin Pembangkang akan menang 3/3 kerusi Parlimen. Ahli MT UMNO bolehlah tanam jagung.
OK tuan-tuan dan puan-puan di sini ada sedikit lagi berita gempar. 55 kerusi Parlimen UMNO terletak dalam kawasan Felda. In the recent PRK Rompin, UMNO lost over 6000 votes to PAS. Many of these votes are from Felda. Maksudnya sokongan bagi UMNO di kawasan Felda pun makin merosot.
Now here is some bad news about Felda Global Ventures from The Star :
*Felda Global Ventures target price cut to RM1.91
*Wednesday, 27 May 2015
*target price for Felda Global Ventures from RM2.01 to RM1.91
*core net loss RM44mil in first quarter March 31, 2015
*results below full yr projections of RM311mil & RM430mil, respectively
*lower FFB output and RM44m downstream losses
*stock remains a Reduce, potential removal from FBM 30 index
*FFB output (-20% on-year), lower CPO prices
*losses from canola operations in Canada, oleo operations in US, refineries
*higher earnings from 51%-owned MSM (sugar division)
*one-off gains RM29mil and RM12mil from disposal of AACo and FISC
*FGV impacted by low CPO prices and floods
*exploring disposal of non-core biz, Canadian operations
*group has used up IPO proceeds
*FGV’s estates posted steeper 15% fall in FFB yield
*concerned by this and poor results
*FGV may lose spot in KLCI index during next review
*expect dividend payments to be cut
The listed Felda Global Ventures or FGV is in deep trouble. From a hugely profitable plantation giant they are now making losses. The share price has gone from RM5.50 at IPO in June 2012 to just above RM1.91 per share by June 2015.
That is a drop of 65% in three years.
This means close to 65% of FGV’s market capitalisation has been wiped out since FGV was listed on June 28, 2012.
