Hi guys, Please read to the end while we type
I live in Singapore. And perhaps because of that I could SEE better from afar. Warren Buffet lives in Omaha. Far from the maddening crowd of New York. From there (cutting out the noise of Wall Street he has clearer VISION.)
Now this is what I observed silently & quietly (above all the din & noise)
1) RECENTLY. MALSYSIA DRAFTED ITS BUDGET. AND AMONG 1,000 OVER COMPANIES THE NAME OF FELDA WAS SINGLED OUT TO RECEIVE FREE CASH RM400 MILLIONS FROM GOVT
WHY FELDA?
2) THEN THE ACTIONS BY THE MINISTER OF FINANCE
SEE
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
| FGV HOLDINGS BERHAD |
Particulars of substantial Securities Holder
| Name | URUSHARTA JAMAAH SDN BHD |
| Address |
Tingkat 7, Bangunan Setia 1 15, Lorong Dungun Bukit Damansara Kuala Lumpur 50490 Wilayah Persekutuan Malaysia. |
| Company No. | 201801045610 (1307642-V) |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class) | Ordinary Shares |
Details of changes
| No | Date of change |
No of securities
|
Type of Transaction | Nature of Interest |
| 1 | 05 Nov 2020 |
1,455,400
|
Acquired | Direct Interest |
| Name of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd - Urusharta Jamaah Sdn Bhd (Affin 2) - IC | |||
| Address of registered holder | Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur | |||
| Description of "Others" Type of Transaction | ||||
| 2 | 05 Nov 2020 |
701,600
|
Disposed | Direct Interest |
| Name of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd - Urusharta Jamaah Sdn Bhd (Aberdeen 2) - IC | |||
| Address of registered holder | Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur | |||
| Description of "Others" Type of Transaction | ||||
| Circumstances by reason of which change has occurred | 1. Acquisition of 1,455,400 shares. 2. Disposal of 701,600 shares. |
| Nature of interest | Direct Interest |
| Direct (units) | 292,967,000 |
| Direct (%) | 8.031 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Total no of securities after change | 292,967,000 |
| Date of notice | 06 Nov 2020 |
| Date notice received by Listed Issuer | 10 Nov 2020 |
FROM ABOVE WHAT DO WE SEE
1) MINISTER OF FINANCE WHO OWNED URUSHARTA JAMAAH IS BOTH BUYING & SELLING FGV SHARES FROM THE OPEN MARKET
2) WHY BUY AND SELL AT THE SAME TIME
ANSWER:
BECAUSE IT IS BUYING BUT DOES NOT WANT SHARE PRICES TO GO UP TOO FAST TOO HIGH.
SO WHILE IT IS ACCUMULATING IT ALSO SELLS SOME TO COOL DOWN
3) BUT STUDY CAREFULLY
BOUGHT 1,455,400 shares. SOLD 701,600 shares.
SO THERE IS A NET PURCHASE OF 753,800 SHARES
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
| FGV HOLDINGS BERHAD |
Particulars of substantial Securities Holder
| Name | URUSHARTA JAMAAH SDN BHD |
| Address |
Tingkat 7, Bangunan Setia 1 15, Lorong Dungun Bukit Damansara Kuala Lumpur 50490 Wilayah Persekutuan Malaysia. |
| Company No. | 201801045610 (1307642-V) |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class) | Ordinary Shares |
Details of changes
| No | Date of change |
No of securities
|
Type of Transaction | Nature of Interest |
| 1 | 10 Nov 2020 |
637,900
|
Disposed | Direct Interest |
| Name of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd - Urusharta Jamaah Sdn Bhd (Aberdeen 2) - IC | |||
| Address of registered holder | Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur | |||
| Description of "Others" Type of Transaction | ||||
| 2 | 10 Nov 2020 |
1,373,100
|
Acquired | Direct Interest |
| Name of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd - Urusharta Jamaah Sdn Bhd (Affin 2) - IC | |||
| Address of registered holder | Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur | |||
| Description of "Others" Type of Transaction | ||||
| Circumstances by reason of which change has occurred | 1. Disposal of 637,900 shares. 2. Acquisition of 1,373,100 shares. |
| Nature of interest | Direct Interest |
| Direct (units) | 297,610,900 |
| Direct (%) | 8.158 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Total no of securities after change | 297,610,900 |
| Date of notice | 11 Nov 2020 |
| Date notice received by Listed Issuer | 13 Nov 2020 |
SEE THE ACTION IS REVERSED THIS TIME
DUMP FIRST WHEN MARKET OPENED 1. Disposal of 637,900 shares
THEN SCOOPED UP CHEAPER SHARES WHEN OTHERS FOLLOWED SELLING 2. Acquisition of 1,373,100 shares.
IN THE END 735,200 SHARES WERE COLLECTED BELOW RM1.20
3. WHAT IS HAPPENING TO FGV (5222)???
FELDA WANTS TO TAKE BANK ITS LANDS FROM FGV
FGV WANTS FAIR COMPENSATIONS OF RM4.1 BILLIONS
TYCOON SYED MOKTAR ALSO WANT TO JOIN IN?
WHAT WILL HAPPEN??
BEST REGARDS
Calvin Tan Research
Disclaimer
All information provided here should be treated for informational purposes only. It is solely reflecting author's personal views and the author should not be held liable for any actions taken in reliance on information contained herein.
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-11-15-story-h1536433213-VERY_STRONG_BUY_SIGNAL_FLASHING_FROM_FGV_5222_BY_STRONG_FACTORS_POINT_T.jsp
