LANDMARKS BHD

KLSE (MYR): LANDMRK (1643)

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Last Price

0.20

Today's Change

0.00 (0.00%)

Day's Change

0.20 - 0.20

Trading Volume

129,800


6 people like this.

805 comment(s). Last comment by Woodswater 1 month ago

iamfatt

21 posts

Posted by iamfatt > 2021-03-21 22:27 | Report Abuse

新机场已经延迟到明年才开幕。对一间公司的信心是来自于投资者本身对公司有多深入的了解,并不是公司最近的股价起了多少或跌了多少。

RISK8888

2,229 posts

Posted by RISK8888 > 2021-03-21 23:15 | Report Abuse

this airport been delay for few time. no progress news so far. Indonesia govt not sure will push for it to open this year? not sure.

RISK8888

2,229 posts

Posted by RISK8888 > 2021-03-21 23:16 | Report Abuse

if the price not going up, then please go down back to 20sens. i'm glad to collect more.

iamfatt

21 posts

Posted by iamfatt > 2021-03-22 15:19 | Report Abuse

gallant venture的年报有提到过机场会在明年开。

caonima

367 posts

Posted by caonima > 2021-03-23 20:04 | Report Abuse

profit == 17x revenue? judi revenue menang 17x ke?

Invest_888

959 posts

Posted by Invest_888 > 2021-03-24 12:25 | Report Abuse

If Malaysian and Indonesian population are 70% vaccinated, this counter will sure fly. But, I think need to take another 1-2 years.

RISK8888

2,229 posts

Posted by RISK8888 > 2021-03-24 22:48 | Report Abuse

they keep repeating the same thing bout the airport 2019 say 2020 ready, 2020 say 2021 ready, 2021 say 2022 ready...never ending. no progress picture, no progress video...they not taking it seriously...

caonima

367 posts

Posted by caonima > 2021-03-31 22:44 |

Post removed.Why?

caonima

367 posts

Posted by caonima > 2021-04-01 11:42 | Report Abuse

time to sell

RISK8888

2,229 posts

Posted by RISK8888 > 2021-04-15 21:37 | Report Abuse

holland liao, everyday drop 0.005 very fast will bankrupt.

RISK8888

2,229 posts

Posted by RISK8888 > 2021-04-17 07:09 | Report Abuse

Wah good, please drop more, back to 0.20 please

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-04-17 08:52 |

Post removed.Why?

madguy

674 posts

Posted by madguy > 2021-05-04 06:17 | Report Abuse

lai pls rocket to the limit

see2sea

2,194 posts

Posted by see2sea > 2021-05-11 10:36 | Report Abuse

Down for 2 months...boom soon?

RISK8888

2,229 posts

Posted by RISK8888 > 2021-05-14 08:06 | Report Abuse

Back to 0.2 please

see2sea

2,194 posts

Posted by see2sea > 2021-05-17 10:14 | Report Abuse

Bursa many rubbish stock

MF0001

932 posts

Posted by MF0001 > 2021-05-17 10:16 | Report Abuse

MANY STOK

STILL SLEEPING MARH

LATER BUNGEE JUMP

PPL WILL SKED SKED

:DDDDDDDDDDDDDDDDDDDDDDDDDDDD

RISK8888

2,229 posts

Posted by RISK8888 > 2021-05-17 14:00 | Report Abuse

wah! good ar.....drop drop drop....please

see2sea

2,194 posts

Posted by see2sea > 2021-05-20 16:52 | Report Abuse

Landmark operator run already?

see2sea

2,194 posts

Posted by see2sea > 2021-05-28 16:57 | Report Abuse

Retail investors and operator run already? Oversold?

Posted by tradesafely > 2021-06-08 12:57 | Report Abuse

someone collecting?

see2sea

2,194 posts

Posted by see2sea > 2021-06-16 14:26 | Report Abuse

I think operator back from holiday

JayC88

898 posts

Posted by JayC88 > 2021-06-18 14:04 | Report Abuse

slow slow collect

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-24 16:47 |

Post removed.Why?

see2sea

2,194 posts

Posted by see2sea > 2021-07-01 09:29 | Report Abuse

Limit up?

see2sea

2,194 posts

Posted by see2sea > 2021-07-01 09:30 | Report Abuse

Thank you operator, finally u r back from holiday

Michael Kwok

6,066 posts

Posted by Michael Kwok > 2021-07-01 12:18 | Report Abuse

I snap up at 45 cents.Its seem someone buying by in a range of 2-8 millions shares per day.60 cents range a must.

see2sea

2,194 posts

Posted by see2sea > 2021-07-01 13:39 | Report Abuse

Wow..great! Let see the boom..let me experience limit up for Landmark if have..lol

see2sea

2,194 posts

Posted by see2sea > 2021-07-01 13:40 | Report Abuse

Ong mari to Landmark!

see2sea

2,194 posts

Posted by see2sea > 2021-07-08 15:56 | Report Abuse

Operator gone? Wrong timing

Swee4913

45 posts

Posted by Swee4913 > 2021-07-09 20:39 | Report Abuse

No more show, sleeping

Swee4913

45 posts

Posted by Swee4913 > 2021-07-12 17:40 | Report Abuse

GG Liao,0.38 , tomorrow again down 10%

see2sea

2,194 posts

Posted by see2sea > 2021-07-15 14:07 | Report Abuse

1 day show nia..pump and dump operator

Posted by SpicyMcDeluxe > 2021-09-03 10:39 | Report Abuse

kekw

Posted by SpicyMcDeluxe > 2021-09-07 09:51 | Report Abuse

kekw

mysc01ykc

16 posts

Posted by mysc01ykc > 2021-09-07 14:59 | Report Abuse

Wah!, 42.5 today...ESOS can affect a rally?

drken91

339 posts

Posted by drken91 > 2021-09-14 22:46 | Report Abuse

https://www.thedatai.com

anyone else booked their stay yet?

if not, book your tickets here heheh - surely not high-rise condo one.. hehe

Mc_Wei

176 posts

Posted by Mc_Wei > 2021-10-01 23:18 | Report Abuse

Landmark CEO, Mark Wee bought into Blumont for $0.0004. Now he wants to sell Blumont shares to Landmark for $0.005 (increase of 1150%) in exchange for Landmark's assets. No wonder Landmark share price won't go up, it's being run by a very "smart" CEO.

https://www.businesstimes.com.sg/companies-markets/businessman-mark-wee-owns-514-of-blumont-shares-after-close-of-offer

https://www.theedgemarkets.com/article/landmarks-seals-conditional-share-sale-agreements-blumont-worth-s634-mil

Mc_Wei

176 posts

Posted by Mc_Wei > 2021-10-01 23:47 | Report Abuse

Interestingly, Blumont net asset is only $2.7m but market cap is $137m.

Alwinb

74 posts

Posted by Alwinb > 2021-10-15 07:22 | Report Abuse

MSWG please do your job to scritinise this outright questionable RPT

BalaSan

2 posts

Posted by BalaSan > 2021-10-15 18:35 | Report Abuse

This deal to sell land in Bintan to Blumont looks like a shady deal. Mark Wee and Fong Chee Khuen are shareholders in Blumont. One is the CEO, one is the COO of Landmarks. Which hat are they wearing? On what basis did the board members approve this?

Landmarks is not selling land to Blumont. No cash is coming in. They are exchanging land in Bintan for shares in Blumont. What is the use of having shares in Blumont? It’s being run by the same group of people. It will be the same result. The land would be sold, they pay themselves salary, no dividends is announced. What does Landmarks benefit to exchange this land for shares in Blumont? When all asset is sold and money spent, what is the 29% stake in Blumont going to be? By then, Mark Wee and his cronies should be good enough to retire.

Why is Genting turning a blind eye to what they are doing to the company all these years? Their % in the company has been diluted by the current management. Soon, they will not be the majority shareholder.

This deal must be stopped. There should be a change in BOD and management before Landmarks is stripped of everything.

Alwinb

74 posts

Posted by Alwinb > 2021-10-15 22:18 | Report Abuse

Subject to EGM approval according to circular

see2sea

2,194 posts

Posted by see2sea > 2021-11-05 16:25 | Report Abuse

Landmark no power...Genting at rm5 range..still sleeping tourism sector

Mc_Wei

176 posts

Posted by Mc_Wei > 2021-11-20 01:03 | Report Abuse

Landmark CEO is slowly transferring all Landmarks assets to Blumont, a company with net assets worth $2.7m only. Who would want to buy Landmark anymore? Landmark major shareholder Genting still sleeping, maybe not aware.

Posted by Musang King > 2022-03-30 18:29 | Report Abuse

It's OK as long as our Landmark NTA is still intact after this exercise. The control of Bintan Project Developments and Financing are now passed over to the Blumont Group in S'pore.

Mc_Wei

176 posts

Posted by Mc_Wei > 2022-03-31 18:37 | Report Abuse

Blumont NTA is $0.0001. Market price is $0.004. P/NTA is 40x. Blumont will buy Landmark assets by issuing its own shares to Landmark at hyperinflated price at $0.005

Mc_Wei

176 posts

Posted by Mc_Wei > 2022-03-31 18:39 | Report Abuse

From Landmark's circular part 1, page 90
(dated 24.3.2022). They already mentioned "significantly large premium". All the best to Landmark shareholders.

As for the justification to the NA per Blumont Share of SGDO.0001 as compared to the Issue Price, which is
at a significantly large premium, which is not detrimental to the non-interested shareholders of Landmarks
premised on the followings:
(i) the Issue Price to be issued pursuant to the Proposed Disposals, represent a Significantly large
premium as compared to the NTA per share attributable to the owners of Blumont based on the
audited financial statements for the FYE 31 December 2020 of SGDO.0001 . However, assuming that
the Proposed Disposals had been completed on 31 December 2020, being the end of the most
recently completed financial year of Blumont Group, the pro forma NT A attributable to the owners of
Blumont is expected to be at SGD78.72 million with the pro forma NTA per Blumont Share is
expected to increase to SGDO.0018. The NTA of Blumont may improve further in the mid to long
term period when the Target Companies start generating profits, of which Blumont will be able to
operate the Natra Bintan Hotel within a shorter time frame.

BalaSan

2 posts

Posted by BalaSan > 2022-04-05 12:53 | Report Abuse

Good luck to Landmarks on this deal if it goes through. Blumont gets the revenue generating assets like Natra along with some plots of land that they now own and can sell. In return they give shares to Landmarks. To me, it’s like exchange revenue generating business and plots of land for toilet paper.

Landmark’s NTA is most probably inflated and not updated. If you believe that their asset is worth that much, you would be in for a surprise when it’s time to sell.

Landmarks is left with only Anmon to generate cash. It will not cover the cost of KL and Singapore office. It will not even cover the cost of maintaining the operations of Bintan. I wonder how are they also going to repay their loan regularly.

Posted by sense maker > 2022-04-05 13:06 | Report Abuse

A daylight robbery.

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