Land & General Berhad is a Malaysia-based company engaged in investment holding and leasing of assets. The Company, along with its subsidiaries, operates in three segments: property, which include investment, management and development of residential and commercial properties; education, which include operation of co-education schooling from kindergarden to secondary education, and others, which include investment holding, land cultivation, management of club activities and dormant companies. Its subsidiaries include Bestform Limited, Bright Term Sdn Bhd, Clarity Crest Sdn Bhd, L&G Resources (1994), Inc., Land & General Properties Sdn Bhd, Land & General Australia (Holdings) Pty Ltd and Lang Education Holdings Sdn Bhd. On January 13, 2011, the Company acquired Maple Domain Sdn Bhd (MDSB).
BarbarianConvert only if you are planning to keep long like for dividen and beyond , for bonus and etc that may come along
BarbarianSaturn, Rehda agrees with you.... Kekekeke
BarbarianChloe_ts, missed your earlier post, in my system it is Wave B ady. I m still holding Thplant and waiting for next cycle of uptrend. Futures show good and the diff is only few cents down and as long as less than 4% fluctuation! I don't think I am too concern. It's now my only plantation stock....kekekeke
spaghetti932what will be the impact for those who plan to buy in at this current price? will the convert things pull the price drop?
chloe_tsThx barbarian, let's go dim sum as planned after sold. will you top up again at wave c? I think plantation play will come out sooner or year ended, but http://klse.i3investor.com/blogs/kianweiaritcles/56921.jsp give "sell " rating . -.-
sephirothI have successfully converted loan stocks to ordinary shares, only takes 7-8 working days aka 1 1/2 week, at 0.515, u immediately realised a 3 sen profit on top of 2 sen dividend, most ppl will rush to convert in sept after agm announce div exdate
chloe_tsspaghetti, yes it will. Short term LA holder will convert to mother share and sell to the market, to earn arbitrage. But long term investor will hold for dividend/ company prospect is good. Too much shares will dilute the EPS too, and PE higher, so far got 18% LA being converted, there's more to come this month. :) 2 cents only ha.
majidCan Saturny and Barbarian stop talking? They don't know what the heck they are talking about. Only few really know what they are talking about like chloe-ts, sephiroth, valueinvestor.