prudentinvestor

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.

1 month ago

theyoungman

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

1 month ago

prudentinvestor

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.

1 month ago

prudentinvestor

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

1 month ago

jack2

think 4Q results this month should be good

1 month ago

prudentinvestor

Many loss making property counters are much higher than L&G. Safe to invest in L&G at the current price.

1 month ago

prudentinvestor

I have a gut feeling that this counter is moving up soon. I hope I am right.

1 month ago

Faiza

funds accumulate slowly, very patience lots

1 month ago

theyoungman

Pru, dapat 0.125?

1 month ago

Faiza

Funds accumulate at 13cts

4 weeks ago

theyoungman

Faiza, good for you. Congratulations

4 weeks ago

prudentinvestor

Failed to get at 12.5 sen, only managed to get at 13 sen.

4 weeks ago

prudentinvestor

https://theedgemalaysia.com/node/710567
What we should be worried now is a recession in the US. Cheap and profitable companies like L&G should go up.

4 weeks ago

theyoungman

Pru, I see. Now 13 also have to Q.

4 weeks ago

prudentinvestor

Still not expensive considering that its NTA is 38 sen a share and eps should exceed 1 sen this year.

3 weeks ago

theyoungman

Yes. The only thing is that it is slow. May have to wait few years ago? Previously you had it more than 5yrs right?

3 weeks ago

Noni

If invested in other property stocks simeprop, e&o, spsetia or etc already made money.
No need wait 6%. This is just not performing.

3 weeks ago

Faiza

Other big prop counters may takeover ths co since the price is low and huge land banks. Now there is strategy board to look at all possibilities

3 weeks ago

prudentinvestor

@Noni, you buy a counter that hasn't gone up much, not counters like Simeprop, E&O, SPSetia, MRCB, Ecoworld etc that have gone up by 100 to 200%. How much more can a counter that has risen by 200% go up? If you have invested in these counters, time to switch.

3 weeks ago

theyoungman

Pru, ignore them. 3174 is a good and gold mine stock. One day it will soar up.

3 weeks ago

prudentinvestor

Many of the comments that I wrote about MRCB last year were spot on. Those who had heeded my advice and bought MRCB at below 35 sen have made tons of money if they sold at around 60 sen, more if they still keep their shares. I hope my comments about L&G would eventually materialize also. haha

2 weeks ago

theyoungman

Yes Pru, you can do it, you can make it too.

2 weeks ago

Faiza

good chance big prop firm will eat this smallish fish?

2 weeks ago

theyoungman

0.14

2 weeks ago

prudentinvestor

Three weeks ago you could still get it at 13 sen. Now if you want to buy you have to pay 14 sen. By the middle of June you may have to pay 15 sen.

2 weeks ago

RInvest

....

2 weeks ago

Faiza

if big prop eat small fish, the upside will be much more

2 weeks ago

theyoungman

Strong.

2 weeks ago

stocktrading88

anyone knows how big or small L&G compares to Mah Sing, SP Setia with all the landbanks and GDV that it has?

2 weeks ago

Faiza

UEM & Setia can easily swallow this small fish.

2 weeks ago

prudentinvestor

Swallow at L&G's nta which is 38 sen a share. Even at 25 sen a share I will quickly let go.

2 weeks ago

dickyen1988

When can fly like UEMS? When the company director want to goreng it?

1 week ago

theyoungman

Slowly. Golden egg, take time leh

1 week ago

Faiza

buyers still accumulate slowly

1 week ago

ZenSen

Quarter results out this month?

1 week ago

Faiza

Q result be out within a week. Hope for surprises on the upside
and higher div

1 week ago

Faiza

Hope 1cts div, next yr 2 cts

1 week ago

Faiza

Under value pe11

1 week ago

prudentinvestor

L&G was a high flier during the 1990s before the Asian Financial Crisis, it hit over RM9 in 1994.

1 week ago

prudentinvestor

Dividend increased to 0.7 sen a share to console small investors so that they don't sell their L&G shares tomorrow.🤣🤣🤣

1 week ago

RInvest

Well, it’s going up from 0.6 cents - seriously, if tomorrow drop to 12.5-13 can pick up a bit more …

1 week ago

stocktrading88

what the thoughts on QR report?

1 week ago

mf

Dow Jones

Dow Jones Industrial Average

38,486.74

-366.12

0.94%

Nasdaq

NASDAQ Composite

16,939.81

-80.06

0.47%

1 week ago

Faiza

higher dividend 0.7 is the positive, good yield 6.3% & higher than EPF 5.5%

6 days ago

theyoungman

Proposed dividend 0.7sen. Nice.
5.38% if share price is based on 0.13
good.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3451559

6 days ago

Faiza

in another 2 to 3 years, my yield will possibly reach 10%
monitor next FY results

5 days ago

prudentinvestor

Just don't believe that L&G can't go above 20 sen a share within the next 2 years. For the time being, we are being rewarded with dividends which translate into a yield of over 5%, twice Maybank's 12 month fixed deposit rate.

3 days ago

theyoungman

Ya, patience is needed.

3 days ago

Faiza

for the time being just focus on yield, now 6%, if gone to 10%, i would reluctance to sell
1cts is close to 10%, now 0.7cts
where to find 10% yield for low price stock

1 day ago

theyoungman

Nice, surely agree. Good stock

11 hours ago