KLSE: L&G (3174)       LAND & GENERAL BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.12   0.00 (0.00%)  0.115 - 0.125  18,872,800
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CUTLOST L&G 11cts..7 January 2021..c u at May 2021..
07/01/2021 2:00 PM
BearishTrend Just buy if hit 5cts next week
09/01/2021 1:57 PM
orange11 sell sell
i collect at 10ct
11/01/2021 10:10 AM
orange11 if drop to 5cts, dun woorry
send the truckers to my warehouse, COD

Posted by BearishTrend > Jan 9, 2021 1:57 PM | Report Abuse

Just buy if hit 5cts next week
11/01/2021 10:25 AM
jack2 players kept selling small lots
hoping more sellers will come out
12/01/2021 4:09 PM
jack2 more selling is good to weed out weak holders
12/01/2021 4:53 PM
jack2 sell
15/01/2021 9:21 AM
jack2 sell
15/01/2021 3:18 PM
meadow1628 Property sector on recovery path
Wednesday, 20 Jan 2021

PETALING JAYA: The property sector is poised for recovery in 2021, driven by a better economic outlook and historically low interest rate environment as well as pent-up demand.

Maybank IB Research expects buying sentiment on properties to improve in anticipation of a better economic outlook this year.
It also opined that sales for the first half of this year would perform better than the second half as buyers are expected to make full use of the Home Ownership Campaign (HOC) 2020 before it ends on May 31,2021.
“Property sales spiked up in May-June 2019 before the government extended the HOC 2019’s timeline to end-December 2019 from June 2019.
“We reckon a similar buying pattern may repeat and there could be a rush into buying property before the end of HOC 2020 on May 31,2021, particularly for properties priced above RM500,000, ” it said.
Last year was a challenging one for developers as the property sector faced a triple whammy of oversupply, a weak economy and the coronavirus pandemic, which led to various phases of the movement control order (MCO).
During the initial phase of the MCO, construction works were halted completely while sales galleries were closed for months and this led to weak sales and earnings performance in the first half of 2020.
Most of the developers under Maybank IB’s coverage had recorded losses in the nine-month period of last year, partly due to huge impairment losses.
While developers acclimatised to the “new norm” through digitalisation and virtualisation and aggressively marketed their products online, the government had also introduced a few policy easing measures during the Penjana last June.
These included stamp duty exemption on the instruments of transfer and loan agreement for the purchase of residential homes priced between RM300,000 and RM2.5mil, real property gains tax exemption for the disposal of residential homes from June 1,2020 to Dec 31,2021 and the lifting of the 70% financing margin limit on the third property onwards.
Stamp duty exemption on instruments of transfer and loan agreements for first-time home buyers for residential properties up to RM500,000 was also extended until Dec 31,2025.
These incentives, together with additional rebates offered by developers, will help reduce upfront costs related to property purchases, Maybank IB noted.
“Fiscal policy remains expansionary via Budget 2021 with a record spending allocation of RM322.5bil that includes an all-time high gross development expenditure.
“We also expect Bank Negara to stay accommodative to enable sustainable economic recovery and maintain the record-low overnight policy rate (OPR) of 1.75% until end-2021. Any change in the OPR this year will be cut(s) rather than hike(s), we believe. These will help to entice the potential property buyers into the market due to the cheaper costs for property purchases, ” the research house added.
Operationally, Maybank IB thinks developers are on “cleaner ground” post-kitchen sinking in 2020. The second MCO is expected to have a lower damage impact on sales.
However, Maybank IB highlighted that there are still risks to the sector, including political stability post-Emergency. Based on its observation, demand for big-ticket items such as properties usually drops around six months before a general election. Additionally, the economic recovery is reliant on the successful rollout of vaccines.
It also cautioned that the recovery in the local property market may be set back by the jump in the number of auctioned properties when the additional six-month targeted repayment assistance scheme expires end-June 2021.
“While demand-supply rebalancing will still take some time, we think the worst is over and homes sales may have hit bottom already and should improve year-on-year in 2021 on the above mentioned factors.”
20/01/2021 11:17 AM
jack2 sell
more selling the better
22/01/2021 8:51 AM
Jeffreyteck TP 9, 9 sen.
30/01/2021 3:25 PM
orange11 https://www.theedgemarkets.com/article/chin-hin-plans-land-buy-serendah-expand-property-development-segment Chin Hin Group Property Bhd is buying five parcels of land in Hulu Selangor for RM54.52 million to expand its property development activity, rm23psf
01/02/2021 6:49 PM
orange11 what is the value of land at mukim kerling psf
01/02/2021 6:51 PM
meadow1628 Covid-19: Malaysia snaps five-thousand streak as new cases drop to 4,214; 10 more deaths reported
Syafiqah Salim /
February 01, 2021 18:26 pm +08

01/02/2021 7:58 PM
meadow1628 Superb good news !
First batch of Pfizer’s Covid-19 vaccine
will reach Malaysia on 26th of February 2021
3 more weeks to go !

◤新冠又一年◢首批辉瑞- BioNTech疫苗 料26日到!
01/02/2021 8:05 PM
benteo78 buy now...going to up very soon....
15/02/2021 7:01 PM
benteo78 to 0.15
15/02/2021 7:01 PM
kasinathan Coming
16/02/2021 9:43 AM
kasinathan Big up!
16/02/2021 9:43 AM
kasinathan To retest new high
16/02/2021 9:46 AM
jack2 no volume, no goring
how to go up?
16/02/2021 7:11 PM
benteo78 what price U want?
16/02/2021 10:57 PM
sekulper All thr bros. Watch out this counter. Sudden gush in volume this morning at 9.20 am.
18/02/2021 9:50 AM
18/02/2021 9:51 AM
kasinathan Coming
18/02/2021 10:08 AM
jack2 12cts cannot clear??
18/02/2021 1:04 PM
jack2 anyone pick up RI at 21cts in 2017 & still holdng
18/02/2021 3:20 PM
pretty_life Limit up later... superb QR price worth for 0.250
23/02/2021 1:31 PM
i3investor007 Sure or not? I heard thousands times people said the same, hardly more than 3% became reality.

See if you are chun chun call, or purely sinkaran, let’s see

pretty_life Limit up later... superb QR price worth for 0.250
23/02/2021 1:31 PM
23/02/2021 1:36 PM
xcu843 Share also cannot up
23/02/2021 2:48 PM
cicakman Anytime will move up,probablity tommorow.
23/02/2021 3:22 PM
Akino qiu shou Good & encouraging financial result.
23/02/2021 3:26 PM
meadow1628 Land & General returns to the black in 3Q
Tuesday, 23 Feb 2021 2:51 PM MYT

KUALA LUMPUR: Land & General Bhd (L&G) posted a net profit of RM7.24mil in the third quarter ended Dec 31, 2020, against a net loss of RM637,000 in the same period last year.

Revenue, however, fell 17.6% to RM30.19mil from RM36.68mil in the same corresponding period.

The decrease in the quarter’s revenue was due to lower contribution from property division.

Its pre-tax profit rose to RM9.68mil from RM3.92mil mainly due to the writebacks in property and other divisions totalling RM4.43mil and the share of profit from Country Garden Properties (Malaysia) Sdn Bhd of RM1.12mil.

In the first nine months to Dec 31, 2020, L&G registered a net profit of RM26.76mil on revenue of RM96.85mil.
23/02/2021 3:38 PM
stockhunter888 Good or no good??
23/02/2021 4:30 PM
Hitto A lot of companies are making losses during this period but this company still managed to record a net profit of RM26.76 mil for the 1st 9 months. I think is good.
23/02/2021 5:25 PM
jack2 good results
tonite will go limit up
23/02/2021 6:41 PM
freeze789 for short term is ok..but long term 0.200 sure can ..still got 100mil unbill property. Management already give you hints want to clear up in this year.
23/02/2021 8:13 PM
Akino qiu shou RM0.15 is OTW !
24/02/2021 9:12 AM
jack2 12cts cant clear
how to reach 15ct
24/02/2021 9:50 AM
Jeffreyteck Hopefully lower revenue next round so that higer profit.
24/02/2021 12:28 PM
EricTellsYou Fr today onwards,no more below 12 sen to be collected
03/03/2021 3:00 PM
cicakman Coming soon.
04/03/2021 4:09 PM
jack2 Land & General: To launch two projects with RM677m GDV in 2021. Land & General aims to launch two new development projects in Shah Alam and Bandar Sri Damansara with a combined GDV of RM677m. He said unbilled sales now stand at RM160m, with its property overhang at RM30m. As for landbank, it has 1,423ha of land in Peninsular Malaysia including 1011.7ha of estate land earmarked for future township developments. (Bernama)
24/02/2021 8:55 AM
04/03/2021 5:01 PM
Akino qiu shou Last ten minutes 260 non-stop transactions all done at the highest RM0.13. Tomorrow sure starts with a bang!
04/03/2021 5:07 PM
jack2 still under value la
huge land banks at cost price
04/03/2021 6:58 PM
cicakman What is the fair value?
04/03/2021 10:16 PM
birkincollector looks like they gonna play this tmr after SMI, Asiapac
04/03/2021 11:12 PM
super168 Yes, volume is gathering momentum. Hope to see the stocks at 0.20 today.
05/03/2021 8:20 AM
thesteward Haiz looks like can goto .105 again before another round . Wasted didn’t tp yesterday
05/03/2021 12:06 PM
Jeffreyteck TP0.09_0.095
08/03/2021 8:26 AM