Shapadu Capital Sdn Bhd - 2.89% as of 25 Nov 2015, after RI is 30.2%.

http://themalaysianreserve.com/new/story/lfe-corp-put-financials-stronger-footing

To me, I am investing on mid term basis. Imagine after the RI ( the share price will not be diluted, see the previous announcement ), Shapadu will be the substantial shareholder. They will not make this stock quite. They will pump in more projects, do it as in-house. In addition, the receivables from Abu Dhabi will be another exciting enzyme. FYI, the re-design of theRM350m Shapdu City Village project has been completed. Kick start soon once the plot ratio approval done. Above are my 5-cents info.

AzmiMerican, this company made $$$ in middle east. The Abu Dhabi job made RM25 million ( at USD1=RM3.2 rate ). The entire project made RM100 million ( at USD1=RM3.2 rate ). 4 consortium members each share 25%. Now if take USD1=RM4.0 rate, then will be RM31 million for each consortium member. The owner conta the payment with property. But now the deal closed and they are about to sell the property & bring back $$. Hope this clear your doubt.

is moving forward...

news... http://www.bursamalaysia.com/market/listed-companies/company-announcements/4879673

is OK. 20 lots is little. not everybody have faith. the trading volume is relatively small. most of the investors are waiting for big harvest.

not alone. all the while i just stay cool aside. i am holding very substantial nos. of units.

I mean the previous news has no date. now is the confirmed "go ahead" news with date. the confirmed timing is important to us as investors especially at this difficult & turbulent period, either hold or let go. we all now be assured to hold and the musang king drop is just around the corner. wish all us celebrate our harvest very very soon. cheers.

no play play this time.

Confirmed. The next month meeting is to approve & execute the RP inclusive of the right issue. It means that the bonescythe article is relevant. http://klse.i3investor.com/blogs/bonescythe/80372.jsp

seems to be good news ahead. awaiting for deep throat info..

?

2 years ago around 11-9-13, LFE announced profit of RM25million ( RM100mil divided by 4 consortium members ) from Abu Dhabi Reem Island project after official closing of project account. That was based on around USD1=3.28. Note: UAE Dirham peg to USD at USD1=3.65. As RM is now weakening, the RM back to Malaysia at this time on paper will be solidly 22% more at around RM30.5 million. Have a thought of the potential of the company.

tak sensible lagi kalau nak jual below 21 cents. hope all investors nampak peluang baik2. relax & tunggu sekejap saje. musang king dah hampir masak nak jatuh lah, aiyo.

coldrisks, be encouraged & be strong. the day will come but at unknown timing.

steam gradually subsides. a classic scenario here. people buy & sell with news... good news, bad news, half-cooked news, jockey's news, horse's news.... but always buy and sell based on news from the horse itself, not the jockey.... though the jockey may fabricate news, horse decides.

no hijack investors please. papaerplane2, please enlighten us.

show time mari. shapadu already singed right issue punya acquisition agreement. kira masa keluar dari pn17.

unifitan, are you a blog bully? no bad word here please. everybody has a place & space to talk.