LAND & GENERAL BHD

KLSE (MYR): L&G (3174)

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Last Price

0.125

Today's Change

0.00 (0.00%)

Day's Change

0.125 - 0.13

Trading Volume

875,500


32 people like this.

11,109 comment(s). Last comment by jack2 2 hours ago

Posted by prudentinvestor > 2024-01-24 10:26 | Report Abuse

Buy if you think my comment is convincing enough. hahaha

theyoungman

1,738 posts

Posted by theyoungman > 2024-01-26 08:08 | Report Abuse

Thanks Pru. Congrat

Posted by prudentinvestor > 2024-01-26 16:40 | Report Abuse

Keyed in my bid @12.5 sen yesterday. Queue whole day still cannot get. Only another 6 minutes left.

Posted by prudentinvestor > 2024-01-26 21:09 | Report Abuse

Queued to buy again @12.5 sen. Hope this laggard's price would start to move up soon.

theyoungman

1,738 posts

Posted by theyoungman > 2024-01-27 10:04 | Report Abuse

Mid long term sure have handsome ROI. Need to be very patience.

Posted by prudentinvestor > 2024-01-27 17:08 | Report Abuse

At 12.5 sen a share, it is still trading at about the same level as the 2007/08 global financial crisis. No reason for it to remain at this level.

jack2

1,354 posts

Posted by jack2 > 2024-01-29 09:34 | Report Abuse

20 coming soon

theyoungman

1,738 posts

Posted by theyoungman > 2024-01-29 09:36 | Report Abuse

0.13 already. Mid long term super laggard undervalued stock. Have to wait patiently if invested. No fast $

ZenSen

59 posts

Posted by ZenSen > 2024-01-29 10:37 | Report Abuse

My cost 22 cents

jack2

1,354 posts

Posted by jack2 > 2024-01-29 11:43 | Report Abuse

RI in 2017 was 21 cts, many caught

theyoungman

1,738 posts

Posted by theyoungman > 2024-01-29 16:26 | Report Abuse

6yrs stuck? Omg

theyoungman

1,738 posts

Posted by theyoungman > 2024-01-29 20:44 | Report Abuse

With 6% dividend for 5yrs, if share price 0.100@ 6% return. 30% in 5yrs. But stuck at 0.20 with 50% downside to 0.10 errr. But ok, if it will run up in next 2yrs.... Hihihi

Posted by prudentinvestor > 2024-01-30 12:10 | Report Abuse

Don't worry about L&G, it won't collapse. In January last year, it was only 10 sen. Those who had bought at 10 sen this time last year already have a return of 36% including the
0.6 sen final dividend.

theyoungman

1,738 posts

Posted by theyoungman > 2024-01-30 13:26 | Report Abuse

Ya pru.
Current price, safe bet. Upside potential is > downside. Downside risk is limited.
Even of the price fall from 0.13 to 0.12, it is still quite close to the 5% 6% dividend payout in next Oct. No harm no damage. Invest with care, do not contra.

Posted by prudentinvestor > 2024-01-30 17:59 | Report Abuse

Often when you are over prudent, you miss the opportunity to make quick money. Kamikazi type of investment can sometimes bring you more returns.

theyoungman

1,738 posts

Posted by theyoungman > 2024-01-30 21:04 | Report Abuse

@pru, true. let's go.

theyoungman

1,738 posts

Posted by theyoungman > 2 months ago | Report Abuse

Pru, 0.12 bid & 0.125 offer.
Good price.

jack2

1,354 posts

Posted by jack2 > 2 months ago | Report Abuse

when can break 13 gg 20

jack2

1,354 posts

Posted by jack2 > 2 months ago | Report Abuse

i would average down to 15-16

ZenSen

My cost 22 cents

2 weeks ago

Posted by prudentinvestor > 2 months ago | Report Abuse

With constant purchases and sales over the past two years, I have managed to bring down my average cost to around 18 sen, discounting the dividends I have received so far of course.

Posted by prudentinvestor > 2 months ago | Report Abuse

Have been stuck in this counter for over 7 years now. Would very much like to get rid of my nightmare.

jack2

1,354 posts

Posted by jack2 > 2 months ago | Report Abuse

the bottomline is on the rise and the next few years is going to be interesting
1. the former club house land conversion at the cheap price is finally going to bring good revenue and profit. first project livista is selling very well
2. Wym residence at puchong is also doing well due to strategic location
3. education biz is clocking double digit growth

theyoungman

1,738 posts

Posted by theyoungman > 2 months ago | Report Abuse

Oh @pru, stuck for so long already?
Oh. I spotted it when it was 0.1 in Aug Sep last year. Knowing it has been around 0.1 for many yrs. Quite teruk if no goreng. It also got project do together with Country Garden? 碧桂园。。。。 Any side effects?

theyoungman

1,738 posts

Posted by theyoungman > 2 months ago | Report Abuse

Ic. Tq

Posted by prudentinvestor > 2 months ago | Report Abuse

It would go above 20 sen a share again one day. That is my conviction.

theyoungman

1,738 posts

Posted by theyoungman > 2 months ago | Report Abuse

Ya pru.
Slowly but surely. Same as 8877 1651 also cannot rush. What to do. Investment is lidat.

Noni

668 posts

Posted by Noni > 2 months ago | Report Abuse

Quarter Result on 31-Dec-2023 QoQ - -73.85% YoY - -34.98%.

theyoungman

1,738 posts

Posted by theyoungman > 2 months ago | Report Abuse

Wah. Jialat

theyoungman

1,738 posts

Posted by theyoungman > 2 months ago | Report Abuse

Price stable.

theyoungman

1,738 posts

Posted by theyoungman > 1 month ago | Report Abuse

Pru, 3174 coming

Posted by prudentinvestor > 1 month ago | Report Abuse

Suddenly becomes so active. Could be a sign that it is going up. I have already stocked up over the past few weeks.

Posted by prudentinvestor > 1 month ago | Report Abuse

Above 18 sen can start selling already. Can achieve 22 sen average selling price good enough already.

jack2

1,354 posts

Posted by jack2 > 1 month ago | Report Abuse

Livista phase 1, 90% sold, now going to launch phase 2

theyoungman

1,738 posts

Posted by theyoungman > 1 month ago | Report Abuse

pru kor, so good oh. If can hit 18

Posted by prudentinvestor > 1 month ago | Report Abuse

Should make over 1 sen per share for financial year ending 31/03/2024, hence dividend shouldn't be less than 0.6 sen a share. NTA is 38 sen a share.

theyoungman

1,738 posts

Posted by theyoungman > 1 month ago | Report Abuse

Well done Pru

jack2

1,354 posts

Posted by jack2 > 1 month ago | Report Abuse

let assumed dividend increased to 0.7 cts
yield is 6 to 7%, respectable returns

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Buy while it is still low.

theyoungman

1,738 posts

Posted by theyoungman > 1 week ago | Report Abuse

@pru, yes

theyoungman

1,738 posts

Posted by theyoungman > 1 week ago | Report Abuse

Buyer 6m 12.5 is solid

theyoungman

1,738 posts

Posted by theyoungman > 6 days ago | Report Abuse

Strong volume

jack2

1,354 posts

Posted by jack2 > 6 days ago | Report Abuse

the set up of a strategy committee is a positive move, not depending on the CEO who is not even a shareholder

theyoungman

1,738 posts

Posted by theyoungman > 5 days ago | Report Abuse

@jack2, oh, who are they in the committee? Nice? Kindly share. Thanks

theyoungman

1,738 posts

Posted by theyoungman > 5 days ago | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3438572

OTHERS Land & General Berhad - Establishment of Strategy Committee
LAND & GENERAL BERHAD

Type Announcement
Subject OTHERS
Description Land & General Berhad - Establishment of Strategy Committee
Land & General Berhad ("L&G") is pleased to announce the establishment of its Strategy Committee, whose main role is to assist the Board to oversee the strategic and business planning of the L&G Group.

The Strategy Committee comprises four members of the Board namely Dato’ Noorizah Binti Haji Abd Hamid, Mr Low Gay Teck, Encik Ferdaus Bin Mahmood and Encik Faezali Bin Mustafa R. Jumabhoy.

This announcement is dated 17 April 2024.

Posted by prudentinvestor > 5 days ago | Report Abuse

Strong volume is normally associated with sharp price rise but we have seen strong volumes on quite a number of occasions without noticeable price increases over the past few months. Maybe the big boys haven't accumulated enough. Be patient, haha.

theyoungman

1,738 posts

Posted by theyoungman > 5 days ago | Report Abuse

Yes, Pru, agree. 12.5 is the price they are supporting.

Posted by prudentinvestor > 5 days ago | Report Abuse

It has stayed at below 20 sen for around 6 years already. NTA is 38 sen a share. Time is ripe for it to move up and back to above 20 sen again.

Posted by prudentinvestor > 1 day ago | Report Abuse

I have queued to buy at 12.5 sen for a few days but without success.

jack2

1,354 posts

Posted by jack2 > 2 hours ago | Report Abuse

think 4Q results this month should be good

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