LBS need more volume to stimulus the price.

Support line : $1.60 ~ 1.63
Short term TP : $1.65 ~ 1.70

As long as the price dropping Lim's family will collect it. Their target of share value is RM 2 because LBS actual share value is RM2.30 +++

Special dividend of 0.06 won't help much. But the Q3 financial report might be help. So let's wait the Sep report come out. In BP the 1st lot of 600 units affordable housing is completely drawing. The 2 lot is coming out. So patiently wait for the profit result come out.

Miketyu, don't worry will re bounce very very soon. Bollinger band chart is showing positive side. I would said is a cooling time period. As mentioned is a next circle transformation.

This only a circle of technical momentum. I'm put more effort on fundamental study at this situation. This counter will not let you down my friends. Good Luck.

elsewhere, i'm thinking to collect more.

no i'm still hold it. my target Rm 2.

Volume need foreigner investor but due to uncertain US political issue now everyone standing aside to observe the fishing pool. Base on past weekly monitoring...overall LBS momentum is consider stable at support level $1.79~1.82. Potential of bounce back at 1.90~1.95 in anytime. Hopefully my analysis is correct !! However, we can do anything at this moment just wait patiently.

Yes today volume is low but good for the time being cause market is in "wait n see" situation.

Base on previous strategies of the company might be collect their share very soon.

scjm3, I guess it would be short terms emotional dump cause I saw the asking demand still very high until today.

CP Teh, When it start? I'm know nothing about future? How much min rate should put inside our account?

We have to watching LBS management, what they to do with the land for the future.

PETALING JAYA: LBS Bina Group Bhd has acquired the entire equity interest in Lamdeal Investment Ltd, via subsidiary Dragon Hill Corp Ltd, for US$1 (RM3.21) only.

It said it exercised its rights under the Option Agreement and Supple-mentary Option Agreement dated April 8, 2004 and March 20, 2006 respectively to acquire Lamdeal.

Lamdeal is an investment party to a racing circuit project where it, together with its joint-venture partner in China, had formed a Sino-foreign cooperative joint-venture entity in 1992, known as Zhuhai International Circuit Ltd (ZICL) to jointly develop and operate China’s first professional racing track, the 264-acre Zhuhai International Circuit (ZIC). ZICL is a 60%-owned subsidiary of Lamdeal.

The group also announced to Bursa Malaysia that the management agreement dated April 8, 2004 between Dragon Hill and Lamdeal, which was no longer required, had been terminated.

ZIC is located next to the Lakewood Golf Club and a 197-acre land earmarked for mixed development.

The group noted its investments in the club and the development land were sold recently for HK$1.65bil.

“LBS believes in the potential of the ZIC land. This acquisition is timely as the group believes that it will benefit in the long term given the shortage of sizeable prime land in Zhuhai,” managing director Datuk Lim Hock San said in a press statement.

“The decision to bring back ZIC into the group will maintain the group’s presence in Zhuhai, China and may in the future provide another opportunity for the group’s venture into property development,” he added.

LBS said the exercise price at US$1 would create a negative goodwill (non-operating profit) of RM2.65mil, thus would be giving an increase in the profit after non-controlling interest of the group for the financial year ending Dec 31, 2013 (FY13) by 7.12% as compared with LBS’ audited financial statements for the year ended 2012.

Neither the exercise of option nor the termination of management agreement would have material impact on net asset, earnings and gearing of the group for FY13.

LBS had in 2002 derived a safety plan to dispose of Lamdeal to a third party with an option to repurchase it back at US$1

From TheStar Published: Thursday October 3, 2013 MYT 12:00:00 AM

My Chinese understanding is limited. Please someone here understanding more pls help to translate above into Eng. thank you in advance.

scjm3, above posting was saying Lamdeal is holding 60% share of the ZIC but making lose after take over. So by selling US 1 to LBS is making sense.

Above post is from Nanyang 财经新闻 财经 2013-10-03 11:53.

吉隆坡2日讯）林木生集团（LBS，5789，主板产业股）独资子公司———龙峻有限公司（Dragon Hill Corporation Limited）行使选择权，全面收购了Lamdeal投资有限公司，交易价仅1美元（约3.2令吉）。
Lamdeal投资持有中国珠海国际赛车场的60%股权，但后者仍在亏损。
同时，龙峻与Lamdeal投资在2004年4月8日签署的管理合约，已经终止。
林木生集团说，完成上述收购活动后，龙峻将持有Lamdeal投资的100%股权。
“换言之，后者将成为本集团独资子公司，珠海国际赛车场将成为本集团持有60%股权子公司。”
截至去年12月杪财年，Lamdeal投资的非控股权益后盈利为8290万港元（约3460万令吉），而净负债则是1亿3680万港元（约5710万令吉）。
1992年，Lamdeal投资与中国联营伙伴成立1家中外合作联营公司———珠海国际赛车场，联合发展与经营中国的首个专业赛车场。
林木生集团说：“这个专业赛车场占地264英亩，具备巨大的发展潜能，因为它毗邻珠海翠湖高尔夫球会，而该197英亩发展地皮已预留供综合发展。
“我们把珠海国际赛车场重新注入林木生集团，将让我们继续在珠海发展，日后可能可为集团提供另外一个进军产业发展的机会。”

scjm3, good point also. Let's us do more research on Lamdeal background and understand the purpose of selling.

1000 unit /3 = 333.33 unit. So kutty try to buy 200 unit make it as 1200. Try to round up unit as 100 unit
example :-
on hand 1000 unit
buy 200 unit + 1000 (on hand) = 1200 / 3 = 400 (bonus) = 1200 + 400 = 1600
***Do not keep loose unit because very hard to sell. Make as min 100 unit.

in unit of share

1000 unit / 3 = 333.33
so if you got 3000 unit / 3 = 1000

Scjm3, your worries make sense.

Below is my highlighted point ** ( )

LBS Bina said on Wednesday the decision to bring the ZIC Circuit back into the group would maintain the group's presence in Zhuhai and

** (may in the future provide another opportunity for the group to venture into property development there".)

LBS managing director, Datuk Lim Hock San said

** (LBS believed in the potential of the ZIC circuit land, adding the acquisition "has come at an appropriate time".)

The (LBS) group believes that it will benefit in the long term given

** (the shortage of sizeable prime land in Zhuhai)

Usually, I like to view as many angle as I could to analysis my investment. Below is another angle of viewpoint (personal opinion) to share and comment :-

1) When the right time has come LBS may venture into properly development but too many unknown issue and consequences needed to be consider and encounter it that's why this land is pending.

2) But if failed to do so the land might be sell with good price because of shortage of sizeable prime land in order to reduced the risk.

So, it's may be a win win solution.

thumb up for you Samurai!!

No la. But on that mentioned blog got name inside lor!!!

KCLoh, don't be too excited later you name kena post on blog again. I don't want my nama follow with you. ha..ha!

scjm3, could you pls share your viewpoint with me ?

lbs.com.my

Miketyu, actually you are right LBS is worth more than $1.90 but you haven't reply me what is your value and target price.

From your reply...i should said you did not study on the financial report. You are invested unconsciously. The value of share is not from the market trade is from you if you are study good enough before proceed,

Last of my advise, before you go any further decision restudy up all the LBS not from others. Go to LBS website to do more homework. Find your own answer my dear.

Miketyu, since you have so many guru surrounding you...may I ask you few question ?

1) When you decided to buy at 1.90 what is your expectation from LBS ?
2) How did you value LBS ? Are you worth it to buy on 1.90 ?
3) What is your target holding in order to achieve your target price ?

Iafx : you have mentioned a good point the impact is very small to do with US economy. Therefore, the momentum of this situation was just a short time prior caused by the contra player.
The contra time-up issued happened in very counters not just in LBS. We can't do anything with it.

I foreseen the US issue will caused many foreigner investor run out from US market to hunt opportunities in others country including M'sia. Properties counter might be the good one in short time prior. They usually won't hold it for too long "so call contra player" but this situation will last for few months due to uncertain American politics issue.

Due to strong fundamental and cash flow with aggressive activities of the management, LBS will gain in the bottom.

Good Luck and happy trading.

iafx, can you pls explain more further what is the impact to pass week on LBS due to US news.

BBB79, you might need your trade agent help for selling loose share unit. call up your trading company for help.

BBB79, the theory is same.

Try to stick at your own plan but must do more homework and study more on your business. if you workup your homework you will not worry the up and down factor.

BBB79 to answer your question, about the LBS project at China, actually they are not selling 100% share. LBS still KIV some potential share on hand but I'm foreseen it may revised from time to time because 2016 is too far way from 2013.

Below is my latest analysis target price :-

short term : 1.95 ~ 2.20 (Sep ~ Dec 2013)
mid term : 2.20~2.50 (early 2014)
long term : 2.60 ~ 2.80 (mid 2014)

fabregas 88 about hitting TP 3, I rated it as potential TP but how far will go needed to see from time to time. Usually, I will monitor between 3 ~ 6 mth analysis therefore TP 3 for me is to early to said.

fabregas88, May ask you how do you judge this stock ?

BBB79, Lol !! our business doing steady base on yesterday performance. As I mentioned before this week will be the key point if till end of Sep support line on 1.85~1.90 than TP 2 will be not far away from us.

Remember we are buying a businesses not stocks.!!!

My opinion.... in this case mostly i won't consider others country impact because it only affected short time prior. We should put more concentration on M'sia and company fundamental.

Five reasons most investors fail:

They're trying to buy stocks, not businesses.
They don't understand the concept of compounding gains.
They don't feel they have enough money to begin investing.
They're too scared to lose their money.
They don't know how to get started.

By Sean Williams

BBB79 if today achieved TP will be very dangerous, Of caused everyone will be very happy but this is not a long term running.

I will prefer stability rather than coaster running.

This week performance will be the key month. How soon TP $2 achieved ??? The support line must at $1.85 ~ 1.90 till end of Sep. Than I foreseen $2~2.05 will targeted at Oct if failed the followed month will be on Nov or Dec.

^ ^ to all the investors !!!

\\ ^ ^ //

scjm3, we will get our rewards very very soon.

Cheers to you all too. Wait for TP 2 soon. ^ ^

Doesn't matter as long as the information is delivered.

Support line at 1.69~1.73. It's consider stable line support up to today because not much affected by contra player. Good sign !!

As mentioned by you guys, the market is cautious therefore not much fisherman play around the pool. Fundamentally, is a good counter don't need to worry about dropping line. The lowest rate will be at $1.60 ~1.65.

Let's us wait for support line $1.80~1.85 by end Sept. Target goal at $ 2.00 ~ 2.05 within this few months. Good Luck guys !!!

The tax deduction can be refund back when you submit income tax 2013. Further details pls refer to you income agent or call income tax central for help.

Tax 25% its means $247.50 x 0.25 = $61.875 (deduce). So $ 247.50 - $61.875 = $185.625 (total amount u got it)

Thong wing Hoong : every 1000 unit x $1 = $1000 x 0.0825 = $82.50 x 3 lots (on hand) = $247.50 (you hv it)

Bonus issue probably at Oct (as usual).

heng88: if you have extra token and not rush for $$ than you may consider enter now.

Technically, if volume and support line at $1.80~1.85 till end Sep... than TP $2 not far away from Nov 2013.

Fundamentally, TP $2.50 ~ $3.00 by 2014 (long term).

Hope my investigation is correct. (i'm still in the stage of study)

Dear all pray for it.