Wednesday, 30 November 2016

Felda Global. Rain On The Scarecrow

Is the 1985 hit for John Cougar Mellencamp about RED America. Ironically, in Malaysia, RED Malaysia will either live or die in the Felda heartland.

The lyrics goes something like this :

Rain on the scarecrow Blood on the plow
This land fed a nation This land made me proud
And Son I'm just sorry there's no legacy for you now
Rain on the scarecrow Blood on the plow
Rain on the scarecrow Blood on the plow

Well, many a FELDA settlers will be wondering, where lay their LEGACY now.
As for the stock, Felda needs to BREAK RM1.60 to be taken seriously
For now, the plus point is that the 17 million shares TRADED today, is near its 4 weeks average volume of 20 million shares .