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2017-08-05 15:19 | Report Abuse
http://klse.i3investor.com/insider/substantialShareholderNoticeOfInterest/7183/04-Aug-2017/11989_2047864528.jsp
Hope he could help secure some big PRIMA projects......
2017-07-31 21:41 | Report Abuse
http://cdn1.i3investor.com/my/files/st88k/3174_L&G/annual/2017-03-31/3174_L&G_AnnualReport_2017-03-31_Annual%20Report%202017_-1469078597.pdf
It is confirmed that L&G wants to redevelop 20 acres of of its Sri Damansara Club land which has a book value of slightly > RM3.7 mil only. The current open market value of the 20 acres land will be $$$$$$.
Its another plot of land in Shah Alam known as The U10 Land, measuring approximately 112.3 acres, will be a new township that will be developed into a mix of link houses, semi-detached houses, serviced apartments and affordable housing (Rumah Selangorku). The building plans have been submitted while the conceptualization of the development is being finalised for future submission. The estimated GDV for the entire project is RM1.25 BILLION.
All in all, the company can generate a total GDV of RM8 BILLION from all its land bank in decent locations.
2017-07-30 16:39 | Report Abuse
It looks like that L&G needs more research houses to promote it to the public then only it can start moving up....quite disappointed with its sleeping management team for not engaging the research houses and media........
2017-07-23 21:25 | Report Abuse
At least RM200 mil profit can be generated by the Phase 2 because the land cost was very low
2017-07-10 12:39 | Report Abuse
Its 53 hectare freehold land in Seremban, not Serendah (to be developed into Sena Parc project) was acquired for RM 15 mil only
2017-07-10 08:06 | Report Abuse
Its landbank in Seremban has appreciated many folds since acquisition
2017-07-09 21:04 | Report Abuse
L&G will surprise everyone when it has applied to convert its >30 acres Kelab Sri Damansara vacant land (currently a driving range, BV=RM3.7m) into a mixed development land...
2017-07-09 17:36 | Report Abuse
L&G will soon start reporting strong quarterly results or profits being generated by the projects injected by Mayland in the recent corporate exercise.
2017-07-01 15:33 | Report Abuse
http://www.malaysiastock.biz/Company-Announcement.aspx?id=973233
The major shareholder holds a 34% stake in the company after the recent right issue,
And the company had indeed registered very good profit every year from FY2012 (RM33 mil) to FY2016 (RM92 mil) before the property market slowed down as a whole. It had also reported RM53 mil net profit for FY2017.
It should not be difficult for the counter to move up to 35 sen when the property market sentiments improve,,,
2017-06-27 10:43 | Report Abuse
http://www.malaysiastock.biz/Company-Announcement.aspx?id=974327
With the completion of all the earlier proposed acquisitions, L&G is poised to register strong profit figures in the next few quarters, being generated by projects from those companies acquired. Hence, its share price will likely go up by end of this year.
2017-06-26 09:38 | Report Abuse
It's still trading below its SMA 200 ......
2017-06-26 09:34 | Report Abuse
http://www.malaysiastock.biz/Company-Announcement.aspx?id=982770
Land cost = RM 39 psf.
It's a good deal for GOB. It may add another RM500mil GDV to the company without upfront land cost payment.
This co is trading way below its NTA of RM1.03. Just wonder when it will get a slice of Bandar Malaysia's job......
..
2017-06-25 12:18 | Report Abuse
http://klse.i3investor.com/servlets/stk/annchsh/5226.jsp
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=195770&name=EA_FR_ATTACHMENTS
B4 buying this counter, please check if this company is still able to collect its receivables which has ballooned to RM664 mil ???
2017-06-18 21:53 | Report Abuse
Current Year Prospects (extract from its quarterly result announcement)
The property market is expected to experience slower growth amidst global, regional and
national economic uncertainties and cautious market sentiments. In spite of this, properties
in good locations are expected to continue to draw property buyers. The hotel business is
expected to remain challenging as well.
In view of the above, the Board of Directors expects a challenging performance for the
financial year ending 30 June 2017
So sad....
2017-05-30 22:00 | Report Abuse
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=196361&name=EA_FR_ATTACHMENTS
Higher quarterly net profit and it has RM230 mil cash in hand.
2017-05-13 16:01 | Report Abuse
It's going to be very interesting to see if both sides will try to grab more shares to seize control of the company and chase up the shares or its ICULs.....
http://www.theedgemarkets.com/article/iretexs-boardroom-tussle-gets-messier-directors-lodge-police-reports
2017-05-11 22:14 | Report Abuse
Its rights issue had been well subscribed by 93% shareholders. Coupled with 27% of excess applications received, the rights issue had indeed been over-subscribed by 20%. What a surprise to many people. Hence, 93% of existing shareholders have shown support for the company.
The company will remain cash rich with more land bank ready for immediate development to generate more profits for the next 5 years!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5424125
2017-05-07 13:45 | Report Abuse
The hiccup and delay in Bandar Malaysia is a blessing in disguise for the local developers as there shall be less supply of new properties in KL and effectively less competition for the property industry.
2017-05-05 21:32 | Report Abuse
The issue price of the ICUL was 13 sen. Previously one needs to surrender one ICUL plus 13 sen cash to exchange for one ordinary share when the conversion price was 26 sen.
Now the conversion price has been reduced to 20 sen arising from the recent rights issue of the mother share but the issued price of ICUL remains at 13 sen. Hence, going forward, one will only have to surrender 1 ICUL (issued price @ 13 sen) plus 7 sen only to exchange for one ordinary share. The ICUL is hence undervalued now @ 18.5 sen when the mother share is 27.5 sen. One can buy and convert immediately and sell quickly.
The upside for the ICUL will be good when the mother share starts to rally in the second half of 2017.
2017-05-04 06:28 | Report Abuse
Buy the ICUL and convert it into ordinary share and sell for a 10% profit as it is undervalued nowi
2017-05-03 22:07 | Report Abuse
Extract from its annual report:
Moving forward, the Group will continue to do what we always do to build affordable houses because we see the potential of this market sector, in our fl agship projects, including the Taman Nusa Bestari, Taman Bestari Indah, Taman Kempas Indah, KSL Residences @ Daya, Canary Garden @ Klang and Commercial City @ Bandar Bestari which have successfully recorded encouraging sales albeit a cautious property market backdrop.
With efficient planning and tight cost control, assuming property market is improving and bank financing for the purchase of properties continued to be abundant and easily available for the properties purchasers with lower rejection rate, we are confident of another year of good performance and hence, looks forward to a profitable year ahead.
https://cdn1.i3investor.com/my/files/dfgs88n/2017/04/27/1505952929--52846736.pdf
2017-05-01 21:55 | Report Abuse
Kimlun has quietly started its engine to move up slowly or more jobs being secured..???
2017-05-01 21:53 | Report Abuse
http://klse.i3investor.com/servlets/stk/chart/9679.jsp
Even WCT has started to move up....when can GOB follow Malton & WCT?
2017-04-30 16:58 | Report Abuse
26 sen now. Its share price won't double but can go up by 20 sen easily when the property sector is seen as undervalued and set to recover.
2017-04-28 22:09 | Report Abuse
Kimlun has been consolidating at circa 2.20 for too looong. It's time to catch up with broader market....
2017-04-27 21:42 | Report Abuse
http://klse.i3investor.com/meeting/7183/11-Apr-2017/5694_1762093922.jsp
The corporate tussle has just begun. Will they try to grab more shares in the open market to seize control of the company to kick the opponents out?
2017-04-26 21:43 | Report Abuse
Its ICUL is undervalued now @ 18 sen.
The conversion price is one ICUL plus 7 sen => 1 ordinary share which closed at 26.5 sen today. One can consider buying the ICULs now and convert into ordinary share immediately
2017-04-24 21:24 | Report Abuse
Upon completion of the current rights issue, this counter is set to fly when it expedites the launches of its Ampang Astoria, 90-acres Shah Alam landed development, Sena Parc landed property project in Seremban and Damansara Foresta Phase 2 as well as the redevelopment of Sri Damansara Club into a commercial mixed development project.
2017-04-23 18:14 | Report Abuse
On 15 April 2013, Sapphire Index Sdn. Bhd. (“SISB”), a wholly-owned subsidiary of Tropicana,
entered into a sale and purchase cum development agreement with Menteri Besar Selangor
(Pemerbadanan) (”MBI”) and Permodalan Negeri Selangor Berhad (“PNSB”) for the proposed
acquisition cum development of 11 parcels of leasehold land, all in Mukim Tanjong Duabelas, District of Kuala Langat, State of Selangor measuring approximately 4,743,986.21 square metres (51,063,794 square feet) for a total cash consideration of RM1,297,259,264-00. The purchase price is analyzed at merely RM 25.40 psf.
Theoretically, Tropicana stands to realize substantial profits & cash flow from the above land should it choose to dispose of the entire piece of land now.
2017-04-23 17:13 | Report Abuse
New shareholder is still buying...
http://klse.i3investor.com/servlets/stk/annchsh/7183.jsp
2017-04-23 17:01 | Report Abuse
The Tan family has been cashing out over the last 6 months. Hopefully a new shareholder is on the way coming in.......to transform this company.....
https://klse.i3investor.com/blogs/smallcap/121142.jsp
2017-04-23 16:45 | Report Abuse
DIRECTOR KEEPS BUYING.....
http://klse.i3investor.com/servlets/stk/annchdr/8761.jsp
2017-04-23 16:41 | Report Abuse
BCB connects with its investors/fans vide facebook :-
https://www.facebook.com/tansridatotansengleong/photos/pcb.739288206231513/739288196231514/?type=3&theater
https://www.facebook.com/BCBBerhad/
2017-04-20 22:22 | Report Abuse
ICUL conversion price = 20 sen
Effectively it means = 1 ICUL worth 13 sen nominal value + 7 sen cash => 1 ordinary share
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=179662&name=EA_DS_ATTACHMENTS
So, it's cheaper to invest in ICULs if one believes the counter will go up in the next few months.
2017-04-17 21:06 | Report Abuse
The Tan family has been cashing out over the last 6 months. A new shareholder is on the way coming in.......
2017-04-17 21:05 | Report Abuse
The Tan family is cashing out over the last 6 months. A new shareholder is on the way coming in.......
Stock: [GOB]: GLOBAL ORIENTAL BERHAD
2017-08-06 11:13 | Report Abuse
It's the best news as it's disposing the biggest money losing F&B business in the group. The disposal will see the group report better earnings in the 3rd & 4th quarterly results.
Finally the management is doing the right things and putting the group on the right path. It will launch more projects by end of this year.
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=181750&name=EA_DS_ATTACHMENTS
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=195947&name=EA_FR_ATTACHMENTS