FGV is the settlers' Road to Serfdom. (1/2)



Someone wrote which FELDA settlers will in a destiny become estate workers. The FGV inventory is a settler's highway to serfdom.
Table 1: %age as well as series of shares offering for sale.
per
Saham2 yang di tawarkan
Peratus(%)
Jumlah saham
1
Saham sedia ada yg di tawarkan
33.1
1,208.9 juta
2
Saham baru yang di tawarkan
26.9
980.0
3
JUMLAH
60.0
2,188.90

Table 2: grant of FGV shares.
per
Jenis pembeli
Peratus(%)
Jumlah saham( Juta unit
1
Yang di pilih oleh MITI
11.5%
419.5
2
Pembeli institusi
41.1%
1495.8
1 +2
Jumlah
52.6%
1915.30
4
Orang awam
2.0%
73! .0
5
Peneroka FELDA
2.5%
91.2
6
Kakitangan FELDA
3,0%
109.4
5+6
jumlah
5.5%
200.6

JUMLAH KESELURUHAN
60.0%
2188.9

With a unfounded pit of scandals as well as irregularities, PM Najib contingency be off his rockers when he says he will win 14-0 in a subsequent elections. He won a Raja Lawak foe in Melaka.

But you know, a only time he HAS to contend something similar to that, is when he knows a chips have been down. We know when Najib says he will win 14-0, it equates to UMNO as well as BN have been finished. Otherwise, with a measure of 14-0, Najib should have declared elections yesterday.

There's a rumor in town, with a story which Najib went to see his personal alloy to inspect a constitution of his brain. As you know, a brain is divided into 2 sides- a left side as well as a right side.When a right side was examined- a alloy explained, you am fearful sir, zero is right there.Momentarily disturbed, Najib asked-What about my left? you am fearful you have even some-more frightful news sir- there is zero left there.

Let's get behind to a FGV inventory for a single some-more time. The primary thought was mooted by CIMB. Ethos Consulting was brought in as tellurian project coordinator. They brought in a Calvary- Hay Group, Boston Consulting, Aeon Hewitt as well as may be more. Najib's current! univers e is flattering much constructed by consultants during a moment. They yield him with a thought as well as he goes out there to promote what he thinks have been earth-shattering ideas. By a way, if readers have been interested to review about a yarn universe consultants construct, they may wish to readHouse of Lies.

The FGV inventory has all a hallmarks of apropos a minefield for Najib. An augmenting series of FELDA people have been apropos some-more doubtful by a day. It's dawning upon them; they have been being cheated into desiring which all this is finished for their wellbeing.

Most of us laymen have been interested to know- either this inventory will good FELDA settlers in a end. In a end- a UMNO people will go around town fortifying a inventory by saying, settlers don't lose anything. We have been not in contact with your own landed property. Those people who have been entitled to land titles will get theirs. The others, as shortly as they pay up, will additionally get theirs. So there's zero to worry.

Where will a settlers sell their ffbs( fresh fruit bunches) ? The mills as well as crushing plants have been now owned by FGV. They sell their furnish there. The purchases will now be finished some-more stringently. FGV mills will ensure a exact measure of extraction rate as well as additionally make sure; fruit bunches encounter quality carry out requirements. The destiny is a single with prolonged drawn out frictions. Even during a time when FELDA owns all a mills as well as plants, settlers dispute with FELDA, what some-more when a mills as well as plants aren't owned by FELDA any longer? There have been regularly 3 areas of disputes as well as contests. Settler conflict FELDA over issues of (1) extraction rate of FFBs (2) payments for replanting as well as (3) payments upon felled rubber trees.

FGV will embankment a settlers in a finish to equivocate having to contend with these issues. Investors don't wish suppliers with issues as well as litigations. Settlers will no longer get any preferential treatment from FGV as it is now a purely in isolation business. Settlers will find themselves as only a single of a many suppliers.

The politically relevant point to me is a fact which FELDA people get only 5.5% of a 2.18 billion shares offering for sale. So there goes a pompous commercial which you caring for a FELDA folks. The FELDA people have been starting to pay for a shares. They have to pay roughly RM4000 for 810 units of shares.Good if they can get RM 3 premium per share. They make RM 2000 over profit. Can a cost stay prolonged during RM 7.55(giving them a RM 3 distinction per share)?

The cost stays prolonged if a fundamentals have been there. You can't sustain a cost artificially by casino-ing a market. The large boys will wish to recoup what they spent quickly what some-more with a uncertain destiny of a Najib government.They have been jittery. The Singapore diplomats who witnessed firsthand a Bersih 3.0 recently wanted to verify things since they wish to prepare for eventualities. They have been useful people who have been not beholden to UMNO as well as BN for anything.

Because they additionally know how to review in in in between a lines. By a way, a origins of a countenance `read in in in between a lines' came about when a spies of George Washington wished to send messages to each other. They would write secret report in invisible ink in in in between a lines of normal created material. Recipients would have to request some kind of chemical mixture to make a dark messages visible.

So, when people review! in in i n between a lines, they see difficulty in Pekan. Local folks in Pekan have been up in arms since Najib's people have been bringing in thousands of brand new citizens in Pekan as well as giving them land. The natives have to wait generations to get titles to a land they applied. Every acre of land since up to a Khmers, a MYanmares as well as whoever, equates to a single acre less for local people in Pekan. That equates to Najib does not trust Pekan people. He has reasons to since in 1999, a PAS claimant came inside of 241 votes of unseating Najib son of Abdul Razak.

Posted by sakmongkol AK47
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