|Last Price ||Today's Change || Day's Range || Trading Volume |
|0.33 || +0.005 (1.54%) || 0.325 - 0.34 || 9,840,300 |
|Market Cap: || 370 Million |
|NOSH: || 1,122 Million |
|P/E | EY: || 4.05 | 24.69% |
|DY | Payout %: || 0.06% | 0.24% |
|NAPS | P/NAPS: || 0.6378 | 0.52 |
|Avg Volume (4 weeks):||4,536,680|
|4 Weeks Range:||0.315 - 0.365|
|52 Weeks Range:||0.29 - 0.445|
|Average Price Target: || 0.42 |
|Price Target Upside/Downside: || +0.09 |
pussycats price will be forced down to 29.5 sen by Mayland boss. Hopefully price will not reach 29.5 Sen. How come Kanasai Mayland can get approval???
xcu843 So tomorrow share will drop to 29.5?
cytew Do not buy now, buy its OR later
xcu843 Why? Can we get lower price?
cytew yes, you can get lower price later
alamak123 天意？还是大意？小蚂蚁输了，share price drop again ，who can buy another 21 % to change the outcome ?hopefully can drop to below RM0.20 make the RI no value.i loss in this counter since the first day i bought it until now,the only thing can make me happy is can get 10% dividend.after 23 years i can earn back the capital and still hold the same amount of share.thank a lot to the major share holder.
Dkny Surprised still hv 71% agreed. Hv to wait 6 to 9 months only consider. Right issue always make share price drop, better avoid it.
Hitto I bought on August 2007, since then it drop until i got no eye to see till now.
tanhy123 When will they issue the rights? It needs to be asap, can't drag on
tah16600 Better sell n buy bornoil
khatulistiwa1234 They already get their wealthy , let alone all mercy financial with huge capacity share , slow slow died .
tah16600 Tiger synergy is a good example after right issues .In future I guess no more dividend to give
khatulistiwa1234 damned , GOOD STOCK become BAD STOCK , just in moment , LET IT GO , I feel better life , not need suffer come out capital to feed them , in the end , empty return , BAD experience before appear in my mind , too cruel done .
xcu843 Look positive move today
tah16600 Goodbye to LnG .
tiennhieu but the special dividend seem good return.
Dkny Yesterday shareholders who attended egm oredy know wat to do. Knew one of shareholders got almost million shares of lg, he needs to come out dunno how much to buy.. pity him
xcu843 Hard to say. Maybe L&G can make him rich...
InvestWin Indicative RI is 21cents at EGM. For OR to worth 5cents, mother share should be trading 35cents prior to ex-date. Approved RI ratio is 8: 5.
Calculation : (rm 0.35 x 5) + (rm 0.21x8) /13 = rm 0.263 (also predicted ex-date price). If u r holding mother share at 35cents, i think it is still safe.
drakoryn thats assuming OR is worth 5 cents...
InvestWin The management may want to be seen to have reputation & integrity (anyone can dispute this) & not allow the OR to fall below 5 cents; then mother share could trade above 35 cents prior to ex-date.
drakoryn haha yeah their integrity is very debatable
bing2014 Should we go for right issue or reject it? Any good suggest? Or it depends on the mother share price.
cytew I foresee Mayland will buy OR from open market as what they have done it in 2013 when Mayland bought about 100 million units of LR..the proposed right this time has the same purpose for Mayland.
pussycats Mayland no integrity only self serving by issuing LR (last time) & OR (2017). I need to manoeuvre myself so as to get profits from Mayland induced Mayhem. Wish all luck.
empyreal it is quite unfortunate that this happened - in the end, only around 20% of the total voted.
for those who are holding on, there may still be value - investwin's calc is correct, and there's also the special dividend to account for.
nevertheless, i have dispensed with my shares as i have less confidence in then management as i had before. until the whole issue as to what mayland is trying to do is clear, its too risky for my portfolio.
good luck to everyone.
alamak123 don't worry,i think Mayland like the "Econ Save"slogan,daily low price,so they has to do something to make it happen.next month may touch RM0.29.
alamak123 i m waiting at RM0.20,because i expect for 10 % dividend. i confidence this counter better than Fonic 0071.now was deleted from listing,i still hold 80,000 units.i think i will be very long life to collect 23 years dividend from LG.
glugluglu Hi, if I do have 10000 shares, how much do I need to pay for RI?
pussycats 5 shares get 8 RI. One RI =Rm 0.21. Do your own calc. :-)
bing2014 If I got 50,000 shares, can I subscribe 25,000 shares for RI?
xcu843 WOW so good. Still got energy to grow....
cytew How silly is to compare L&G with TIGER
tanhy123 34cents now and expect to have 4cents dividend this year, why not? Major share holders hold even more after RI, you think they will let the share price down?
Everything is orchestrated by them, if you cannot see through, better don't touch any second liners.
tiennhieu RI issue price 0.21
number2 yesterday miss at 0.325
littlebull no worry....wait 0.32.
traderookie When was the RI announced? If i buy mother share NOW will i still get the rights?
number2 no announcement yet, now buy still entitle
number2 predict announce in august, together with dividend 0.02 together
alamak123 not only good luck,we have good price every day,
alamak123 today JKGLAND-OR closed at 0.005 cents.droped 75%,is this history can happen on LG ?