The way the powers to be boasting and celebrating about the listing is laughable, yes, it closed at RM5.39 yesterday, yes it increases by 84 sen or roughly 15 percent increase, so what? Don't look at the macro side, look at the micro side, yes Isa Samad might have made huge profits...on paper at least, what about the settlers?
Let me refresh your mind....how many shares actually were the setllers allocated?...Well...it was widely reported that they were allocated 810 units....multiply that by 84 sens...what do you get? RM680.40....and bear in mind...that is for one family!!!!! That is excluding whatever processing charges they will incur if they intend to do a transaction...... So what is the big fuss? Do they realize that they albeit KPF (settlers cooperative), does not own any interest in FGVH (FELDA Global Ventures Holdings) anymore?
What are the implicit reasons of FGVH being listed in the first place? For the settlers or......the 'pirates'?
Would it be too late for the settlers to realize....well...technically it is already too late. What kind of crazy and kinky dreams were implanted into the settlers mind? Instant millionaire?...Or would they be a part of the new remake of classic folklore of 'Pak Pandir' or 'Pak Kaduk' or 'Mat Jenin" or 'Si Luncai'?
Sigh!.....I think we could add a new dimension to the classic red indian saying...
“Only when the last tree has died and the last river been poisoned and the last fish been caught will we realize we cannot eat money.”
The Malaysian version ...."When the last piece of land is lost, the settlers realize they cannot eat money..."
GOD, have mercy and please help us.......A.H.Baharom
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