I thought this was important. It appeared on the Value Investing on the KLSE website and some of the issues highlighted may be pertinent ones for us to consider if we intend to buy FELDA shares. There was also an emotional response to PN17 MAS.I wish to touch on some of the issues mentioned.
Is Felda's listing at this time when the market apparently appears to be moving upwards a clear sign for it to obtain good premiums? Is this a possible response to the government's new posture to downsize assistance to GLCs and Felda is one of the early birds?
Also, is this also a bid to give shares to settlers who have been really down since prices of palm oil went zilch?
The website also questioned about the status of PN17 Malaysia Airlines? The web writer felt that something drastic must be done to bring the airline around. He believes a better team based truly on merit and capability be sourced to helm the airline.
The problem is how serious are these issues confronting MAS. Even Idris Jala cannot spin magic here. Who do you have in mind if Idris should be replaced?
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