luckyman

luckyman | Joined since 2011-08-17

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Stock

2016-11-30 21:46 | Report Abuse

This is a solid property company. In total, it generated RM 1 Billion net profit over the last 4 years.

However, its market capitalization is only RM 1.1 Billion based on its present share price @ RM1.07. It is definitely value for money in terms of low P/E ratio and good long term growth potential based on its strategic and cheap land bank with limited borrowings.

It's just too bad that property sector is not favoured by most analysts or research houses for the time being.

Stock

2016-11-28 23:53 | Report Abuse

Against all odds, the Group has quietly registered revenue and profit before taxation of RM164.5 million and RM72.7 million respectively for the current quarter ended 30 September 2016. This
represents an increase of approximately 10% and 11% respectively over the results
achieved in the preceding corresponding quarter ended 30 September 2015. Though it may report lower PAT for FY2016 as compared to that of FY2015, its profitability track record over the last 10 years has been fantastic and commendable. A blue chip property counter.

EPS for 9 months to-date: 14.98 sen. NTA: RM2.12

The current quarter’s performance was mainly contributed by the change in sales mixed
and percentage of completion of the existing main on-going projects of the Group,
especially in Johor Bahru and Klang.

The Group has approximately 2,400 acres of land held for current and future
development which are strategically located in the District of Johor Bahru, Batu Pahat,
Kluang, Segamat, Muar, Mersing, Klang and Kuala Lumpur. Most of these properties
are available for immediate development as they have been granted approval for
subdivision. These will help the Group to sustain its medium to long term development
and profitability.

Most of the total land held in Johor, are located in the high growth Iskandar
Development Region. More investment is expected to come from Singapore to the
Iskandar Development Region. The Group is expected to benefit from the effect in view
of its strong brand name in the Johor property market as most of its flagship projects are
located in the Iskandar Development Region.

Besides, the Group is in the midst of developing the land held in Klang and is expected to
anticipate a gross development value of RM10 billion with ten (10) main development
phases. The site is strategically located along Jalan Klang-Banting and is 15 minute drive
from the Klang town centre. This mixed development project is expected to entail
thousands of units of residential and commercial properties.

http://cdn1.i3investor.com/my/files/dfgs88n/2016/11/28/1485670312-1210665363.pdf

Stock

2016-11-21 20:19 | Report Abuse

Just hope that it could repeat its Q2 result for the soon to be announced Q3 result.

Stock

2016-11-16 20:15 | Report Abuse

This company has been sleeping for 2 years though it reported 》 RM0.5 billion net profit in total in the last 2 FYs. Waiting for it to wake up............................................

Stock

2016-11-15 23:10 | Report Abuse

http://www.theedgemarkets.com/my/article/land-general-buys-4-firms-rm298m-proposes-8-5-rights-issue

The share price may go down in the short term because this is a related party transaction and some people think that the major shareholder is trying to take advantage of the company. However, the share price should go up in the longer term since the main shareholder is actually prepared to use this opportunity to increase its shareholding significantly to 60% in the event that all the minority shareholders choose not to subscribe their entitlements. Similarly, the major shareholder actually used the previous ICULs issuance exercise to increase its shareholding in the company and the share price rallied not long after the completion of the previous ICULs issuance.

The major shareholder knows the hidden value of the company in the longer term, like its undervalued land bank at Sri Damansara Club.

Stock

2016-10-06 15:30 | Report Abuse

The rally has just started. So no news is good news. Let the rally continue for a longer period.

Stock

2016-09-17 14:43 | Report Abuse

$$
∆∆ Its NTA alone is RM2.90
∆∆ In net cash position
∆∆ The appreciating USD will benefit its export oriented businesses.
∆∆ More of its oil palm plantations are maturing
∆∆ Rightfully it should be able to churn out higher profits in the coming quarters

Stock

2016-09-07 10:24 | Report Abuse

HLG issued a trading buy on KSL today saying that it is bottoming out and its value has emerged after plunging from its 52 week high.

Stock

2016-09-07 10:18 | Report Abuse

RM4.01 is the latest TP by HLG Research

Stock

2016-08-22 12:24 | Report Abuse

I will wait for the final quarterly result in November to see the maximum boost on its share price. Huat !!!

Stock

2016-08-16 22:25 | Report Abuse

Wouldn't be surprised to see the price inching up to RM4 if its EPS can reach 50 sen for this FY ending September 2016 based on a PE of 8. Huat !!!!!!!

Stock

2016-08-16 09:37 | Report Abuse

The relationship may be old but the rumours and speculation are new

Stock

2016-08-15 15:05 | Report Abuse

Projected EPS may reach 50 Sen!

Stock

2016-08-15 15:03 | Report Abuse

Agreed with Valueinvestor that this company should trade above RM3.50

Stock

2016-08-15 09:55 | Report Abuse

Country Garden is buying over its 2500 acres land bank in norrthen Selangor?

Stock

2016-08-12 08:46 | Report Abuse

YTD 6-month PAT is already RM117 mil which has exceeded all previous full years' track record. So the current FY ending 30/9/16 will highly likely report a new record profit for the company in its history. Just have to see if this new record profit will propel the share price to its previous high of RM4.92 in 2014.

Stock

2016-08-11 15:53 | Report Abuse

Less than 20 days to go before its Q3 result will be announced. Act fast be it buy or sell.

Stock

2016-08-08 11:39 | Report Abuse

This counter may fly when the family dispute escalates and fight for control begins. The NTA is high. Just wait for the things to unfold.

Stock

2016-07-04 16:02 | Report Abuse

Does anyone know or can anyone find out the production cost per ounce for its gold inventory? If the cost is high or higher than the present gold price, then the company may have to wait a bit longer in order to show fantastic profit. Hopefully some sifus can shed some more light on its production cost per ounce

Stock

2016-06-28 10:11 | Report Abuse

It is about time for the co to update if it has entered into an agreement to sell off its Johor land worth RM0.5 Billion.

Stock

2016-06-21 11:09 | Report Abuse

Scomies will perform well in the long run since it is effectively owned by IJM. Just have to wait a little longer for people to change their view on the industry and oil price outlook.

Stock

2016-06-02 08:45 | Report Abuse

Will SC take a serious look into this?
The company just had a massive kind of failed rights issue recently.
Now again?
Both the Board and Management should be questioned and sacked!

Stock

2016-05-31 11:43 | Report Abuse

It still has Astoria Ampang (GDV of RM800m), Sena Parc (GDV of RM600m) and Forests 2 & 3 (GDV of RM1 billion). It is also buying a land bank worth RM90 mil for landed development in Shah Alam.

Stock

2016-05-11 22:09 | Report Abuse

The mother share has just start the real uptrend rally. That's why its warrants C & D start to trade with some premium. The real rally has finally started.

Stock

2016-05-08 12:47 | Report Abuse

WTK has great potential for appreciation due to weakening Ringgit and more of its oil palm plantation starting to harvest. $$$$$$

Stock

2016-04-05 14:48 | Report Abuse

Per HLIB, GOB's cash per share = 64 sen ?!!!

Stock

2016-03-26 10:04 | Report Abuse

An interesting article about GOB can be found on page 36 of the latest The Edge Malaysia.

Stock

2016-03-20 19:41 | Report Abuse

Scaling new high soon

Stock

2016-03-18 18:08 | Report Abuse

Finally it moved above its SMA 200 again, good sign.

Stock

2016-01-21 09:11 | Report Abuse

It's a good opportunity for the major shareholder to privatize the company since most people may not hold a long term view on the company. The major shareholder must be very happy to see the price go lower for a privatisation to take place.

Stock

2016-01-18 09:45 | Report Abuse

Tiger has to climb up to at least 15 sen in order to be meaningful for people to subscribe its 2 for 1 aggressive rights shares.

Stock

2016-01-09 18:00 | Report Abuse

Many other property counters are trading near their 52-week lows. So, GOB is also following the trend due to poor overall property market sentiments despite some of them registering good profits. Just 2 cents.

Stock

2016-01-05 11:13 | Report Abuse

It must climb up to at least 15 or 16 sen in oder to entice ppl to subscribe to such aggressive rights issue exercise.

Stock

2015-12-20 13:31 | Report Abuse

GOB will fly if it can get a slice of job from Bandar Malaysia....

Stock

2015-12-06 21:15 | Report Abuse

The consistently low share price of Tropicana despite reporting good profit figures may well indicate that Danny's market brand name is nothing comparable to that of Liew Kee Sin whose EcoWorld commands much higher valuation despite reporting very little profit. EcoWorld's market capitalization is more than twice of Tropicana's.
What a disgrace!

Stock

2015-11-24 08:45 | Report Abuse

HLG Research assign a near term target of 74 sen based on technical analysis citing a bullish continuous ascending triangle breakout soon at 71 sen. Longer term target is set 78.5 sen per its analysis.

Stock

2015-11-19 14:48 | Report Abuse

Another IFCAMSC in the making?

Stock

2015-11-01 07:31 | Report Abuse

This company has been sleeping for a year ?????

Stock

2015-10-30 10:53 | Report Abuse

Now people goreng its warrant first. So the mother share will be goreng too.

Stock

2015-10-18 11:38 | Report Abuse

This Is because L&G is also cash rich which is attractive to the potential acquirer or corporate raider.