I wish I can read mind and future, then I sure go "maximum pow kao kao" toto, magnum, kuda. Unfortunately, I can't.

Anything can happen, including privatisation. I know there is a trigger for privatisation. 30% something in shareholding, I'm not sure. There is a form to be completed by major shareholders, whenever they increase or reduce their stake.

Why I think L&G is a playground for the big boy? The daily volume is high but the price moves between 0.005 or 0.01. I like L&G but I hate being bored to death.
http://www.klse.info/counters/historical-prices/stock/3174/page/1

I am holding a stock that bored me to death. It's almost 2 years and the price still same as the day I bought it. One is enough, two can turned me into zombie.

As long as company fundamentals is good, the price will rise soon or later.

Peter Lynch & Warren Buffett
"Buy what you know"

Peter Lynch

HapSeng Business
Property & Leasing - I understand this business
Credit & Financing - Just like a bank
Automotive - I drive everyday but not benz
Plantation - I don't understand this business
Trading - Simple. They trade building materials and sell to internal and external companies
Fertilizers - No idea

4 out of 6. The major revenue contributed by Property & Leasing (read and analyse their annual report). My verdict is keep and hold them tight.


“Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.”
Peter Lynch

In my opinion, at least 3 business division can be run by idiot. (Property, Automotive, Trading)

I see. This is my personal opinion.

With many UT funds in L&G, the funds manager will made or loss money from small price movement, i.e 0.005 or 0.01.

For retail investor, we're like a deer trapped in a fight between two tigers. I won't make money from small price movement. And I will bored to death if the price move between 0.47 and 0.48, for 1 year or even more. In this case, it's better to put money in FD for 1 year.

I don't know ICULS but if cytew is right, then I will really confirm bored to maximum death

You're right, Kahfiehlai. I also believe L&G can grow. If not, I won't bother to ask question. Why I believe in L&G?

I take three annual reports 2012 (L&G, LBS & Huayang). This is my preference in determining a stock value. I can be extremely wrong and bias on this subject. I'm not expert at all.

(RM'000)

L&G
Revenue 130,799
Profit before tax 43,499 (33%)
Profit after tax 33,120 (25%)
Cash in hand 122,802


LBS
Revenue 531,820
Profit before tax 65,056 (12%)
Profit after tax 37,160 (7%)
Cash in hand 19,957


HuaYang
Revenue 306,412
Profit before tax 72,503 (24%)
Profit after tax 53,435 (17%)
Cash in hand 25,161


I like profit margin of L&G and its fat piggy bank balance. Let me declare, I bought HuaYang last year and made money this year. I never buy LBS.

I'm considering L&G because I feel it's undervalued but I may buy it next year after ICULS and UT done their things.

To BullBear. This is regarding defamation law and slander
http://www.agc.gov.my/Akta/Vol.%206/Act%20286.pdf

To shareholders wish to pull the trigger on BullBear. The comments posted on this site is evidence. Kindly forward this sitelink to email below.
whistleblower@airasia.com

I won't pull the trigger as I only joined yesterday. For those who can't stand BullBear, it's up to you.

alien79, it's my fault for praising BullBear's knowledge is good. He is trying very hard to prove it.

Give me face and forgave BullBear.

Just like davors, i'm holding to hapseng. Anyone have info on hapseng, do share. Thank you

Haha, i caught you with your pants down, BullBear. You are really shortselling AA stock. All the news happened in 2009.

http://www.thejakartapost.com/news/2009/08/11/passengers-vandalize-airport-over-flight-delay.html

http://www.thejakartapost.com/profile/rajali-abubakar

By the way, Medan Polonia airport closed since last month.

To all AA shareholders,
Ok, after reading most comments here. I suspect BullBear is
1. ex-AA staff. Well, his knowledge is good after all
2. shortselling AA stock (i don't know if AA inside shortselling list)

PS (To BullBear)
Institutional investors are the main contributor of share price movement (up or down). The volume is high compared with us. If you able to frighten the fund managers to sell, you done excellent job. (if you're short selling)

Anyways, keep posting. I do enjoy reading your comments and making this AA comment more than active than others

That's good point and the reason comment is here. I like their project and cash flow but i don't like that there are many unit trust funds inside L&G top 30 shareholders. This is my opinion and feeling.

I don't know aircraft maintenance, operational expenses and fear mongering rumours.

I can only see LCCT is crowded like pasar malam, check in queue is long and most people i know flying with AA. That's good business to me and competitive advantage to AA

Management wise, AA is fast to cut unprofitable routes. That's another plus point to me. I don't want AA to rot like MAS.

What's the working environment in AA? I don't know. If anyone know, please share. Are the talent leaving or staying? I don't know

Airline is cyclical business. As long as making profit and all the good points still here, then keep it.

We must really see, observe & notice a business. We should helping each other & everyone made some money, whether it's big or small.

haha, if no crowd means no business, they can tapau faster than makcik nasi lemak.

calm down, frenz. to all doubter, go lcct and see for yourself. it's like pasar malam

are u using edividend or delivery to your broker?

if status quo remains the same, just like warren buffett said, my favourite holding period is forever

no need to argue. as long you convince that airasia business is good, then keep la. time is the best proof of truth

somehow i miss this boat although i want to buy it 2 years back. the price was 0.49 if i remember correctly

based on my buying price, the dividend % i received is above 10%. no way i will sell. they are building a new menara hapseng 2 and a new mercedes showroom in balakong-serdang area.

i hold this stock less than a year. i bought in oct 2012 when the price was 0.79. the dividend amount very small however, yeelee in fmcg business. go to hypermarket, supermarket and check the products sold and distributed by yeelee. you will be amazed