If you read the annual reports, you can know that they have land in Tebrau Johor, Kedah, Seremban, Selangor...and they have joint venture project in Australia.

Please note that Lembaga Tabung Haji is 2nd largest shareholders

4th shareholders i guess he is Tan Sri..and got foreign fund buy in too..

EPF 3rd shareholders

no. / name / holdings / %
1 Amsec Nominees (Tempatan) Sdn Bhd 343,791,000 31.37%
Pledged Securities Account - Ambank (M) Berhad for Mayland Parkview Sdn Bhd
2 Lembaga Tabung Haji 48,497,900 4.43%
3 Citigroup Nominees (Tempatan) Sdn Bhd 17,712,400 1.62%
Employees Provident Fund Board (PHEIM)
4 Public Nominees (Tempatan) Sdn Bhd 17,680,000 1.61%
Pledged Securities Account for Nik Awang @ Wan Azmi Bin Wan Hamzah (E-KPG/JRL)
5 Citigroup Nominees (Asing) Sdn Bhd 15,067,600 1.37%
CBNY for Dimensional Emerging Markets Value Fund

Please read annual report. The company now has about 500million cash on hand.

R u sure rm1.2?

Value investor concentrate on COMPANY and not STOCK MARKET

I sell all my house and all in if 0.32..hahah

Martin555 do you think company will bankrupt if the share price low until 0.10 if not the cause of company fundamental?

Yeah dive further to 0.32 is perfect for me to gain dividend...

Those who buying this stock is important support...dun simply sell it!!

Good News coming in...

EPF buying in?

What will happen soon?

Bonia...tak boleh la..haha

Why high volume last few days

Is a cycle period for property sector to have revenue up and down as they have unbilled sales every quarters for their progress of projects they built.

But what L&G doing now is to buy property and rent it for Monthly Recurring Revenue. (stable rental every month) in addition to launch its projects to get profits.

They have lots of cash now and when time is coming, they will buy land bank or joint venture with others / largest shareholders (Mayland)

The time i wait until Rm0.335 i dun have enough money to buy. Now i got the money already RM0.40 :(

I thinkk this coming quarter resullt not bad coz all funds buying at average RM2.70

I think Astoria Ampang already done piling recently when launching many months ago..

As i know Astroria Ampang will start construction this month and their revenue source mainly from Deposits of all the projects including foresta phase 2 and Sena Parc Seremban.

Please tell me if im wrong.

What mean?

Why everyday high volumn

The have many cash to buy land and aquisition...

What acquisition you referring to??

RM0.80 at least

Wait the stock price lower to get at least 6% dividend

RM1.60 can buy

I found that some article link L&G in the paragraph not coz of this company.
They wrongly interpret the wordings L&G as (Liquify & Gas)

This stock should value at RM0.80 at least...

I think that time the price from RM0.335 shoot up to RM0.40 is act of EPF

Nice...

Yeah about 1bil of shares

Soros give tips already!!! Yeah!!!

U small fry then the stock price already higher...please push it harder...haha

Soros u do something behind to cause the price high?

Most ppl in stock market are speculator instead of investors.
That why stock price are tend to be downstreams / stock price hard to be upstreams in short term because once they have some profit they will sell it.

P/s: some investors now only see L&G company name

Foreign investors buy a lot on 22, 25 and 26th of july. Lowest of that day was RM2.60 - RM2.62.
If they bought this low price now they have earn and prepare if they sell !

Yes!!!!! Coming!!

Bonia = Bolia??

How u guys think about new coming quarters?

Please read their whole century annual report for their history for more accuracy of their value.
Please study more about this company before any judgement.

This article first appeared in The Edge Financial Daily, on July 25, 2016.

KUALA LUMPUR: The slowdown in the property sector has prolonged for over a year. Most analysts opine that the weak consumer sentiment and banks’ stringent lending policy will continue to pose earnings risk to property developer.


Even after Bank Negara Malaysia’s recent cut in the overnight policy rate by 25 basis points, analysts are not convinced that the move will be enough to revive much of the property market.

The question of how resilient property companies are still lingering among the investing fraternity.

“We think it is important for property companies to have a strong balance sheet, cash and flexibility to weather the downturn of the market,” said TA Securities’ analyst Thiam Chiann Wen.

Indeed, cash is king in times of uncertainties. A sizable cash pile would be a good buffer against the fall in sale revenues.

A random check on 32 property companies with a market capitalisation between RM300 million to RM2 billion, only six companies’ cash ratio is higher than one.

The six are SHL Consolidated Bhd, Plentitude Bhd, TAHPS Group Bhd, Land & General Bhd (L&G), Amcorp Properties Bhd and Daiman Development Bhd. Tambun Indah Land Bhd’s cash ratio is at 0.99 based on the latest balance sheet. (see chart)

Cash ratio is a gauge of companies’ ability to cover their short-term liabilities.

L&G is among the few companies that has a cash ratio of higher than one, at 2.22 times, indicating more than sufficient cash on hand to pay off short-term debt.

L&G is on a net cash position of RM288.5 million, which is 67.4% of its current market capitalisation of RM427.9 million.

The company’s cash pile had grown significantly to RM525.9 million as of March 31, 2016 from RM398.3 million a year ago. In fact, the cash pile has more than doubled from RM183.8 million two years ago.

On the other side of its balance sheet, L&G’s borrowing was at RM83.1 million as at March 31.

As for companies’ prospects, L&G had, at the beginning of this year, planned to launch three developments with an estimated total gross development value (GDV) of RM1.67 billion. The launches are the Astoria serviced apartments in Ampang, phase 2 of the Damansara Foresta service apartments in Bandar Seri Damansara and the first phase of landed development, Taman Sena in Seremban.

The group’s net profit for fourth quarter financial year ended March 31, 2016 (4QFY16) was close to eight times higher at RM55 million from RM7.1 million in 4QFY15. The company has been profitable in the last ten years.

Like other property stocks, L&G’s share price has tumbled from its five-year high of 62.9 sen in August 2014 to a low of 33.5 sen in March this year.

L&G has declared dividend regularly since 2014. On May 30, the board declared a single-tier final dividend of two sen, reflecting a dividend yield of about 5.12% — even higher than some of the Real Estate Investment Trusts (REITs) on Bursa Malaysia.

Nvm i will post the whole paragraph here.

http://www.theedgemarkets.com/my/article/cash-hand-ultimate-buffer

Very very Good thing about L&G

Hope they have more project on hand and made the company name more reputable...

The only problems for this company is lack of projects on hand compare with others company

AGM about in Sept and dividend about to pay on Oct

What happen