The Company is pleased to announce that the Board of Directors of L&G has recommended a Final Single Tier Dividend of 0.7 sen per ordinary share in respect of the financial year ended 31 March 2024. The proposed dividend is subject to shareholders' approval at the forthcoming 61st Annual General Meeting.
The entitlement and payment dates shall be finalised by the Company at a later date and announced in due course.
Thanks Faiza for your help ! Wow, extra RM7,000 and a return of 5.1 % in just within one to two months is definitely a good return and better than put it in bank's FD of just merely 2.xx percent !
P/S=> Keep for one year in bank only got 2.xx %, compared to buy L&G shares and you wiill get the return of 5.1 % in just wihin one or two months time ! So which one will you choose if u got extra monies to invest ?
Back to 2021? I think it ever give up to 15% if based on that time share price was dropped to below RM 0.10. That's why in terms % dividend is siok.
Having said that, if started to accumulate last year when it was 0.10 & 0.11, capital appreciation reached 30% cum dividend 5% 6% 7% (if you had bought below 0.1 and hold till now, yes if you wanna to calculate based on your purchase price at 0.09? Wow, yes, dividend % will be much greater than current price of 0.135~). Value investment.
Do not speculate, punt and contra. Avoid using margin and loans. Use cash to invest.
So, based on last year info, the Ex Date will be in October 2024. From today bought at @0.135 , you just need to keep your monies just for about 4 months only and you already get a handsome profitis of 5.1 % return compared to bank's FD of a merely 2.xx % for one year and you have to keep for around 2 years only will get the return back as what you invested the monies in L&G today !
And some more L&G 's share price i believe by end of September 2024, it's price might be hitting 20 cents already, and at that time you will be have a 2nd hugh profits of share price appreciation !
Dividend always around Oct. 0.13/0.135 Nice. Slowly but surely. If market doesn't go up, it may also going back to 0.10~0.11 with thin volume. Investors may not necessary wanna push it up, they may want to collect more at lower price instead.
Last week is begin with the bull market of the Tech stock... Now is the start of the bull market of the Steels stock... Next and very soon will be the bull market of the property stock !
Last year around this time, it was trading at around 10 to 10.5 sen. It has certainly gone up but at a very, very slow pace compared to other property counters like UEMS, Eco World, MRCB etc. Just remember that every dog has its day.
Lousy counter, not likeable counter by sharks/goreng master eventhough making profit. Unlike PMholding, a lousy counter with heavy losses can achieve higher price from low of 0.08 to highest at 0.430. Now 0.355.
Let's face this fact, over 80% of investors who have the gut to buy PM Holdings would lose money eventually. You know who the winners are? The syndicates. Of course the IBs also make money from the brokerage, government from stamp duties and Bursa from clearing fees. Its nta is only about 3 sen and I don't think it has ever paid any dividend before.
If you bought L&G at @0.135 you will get a return(dividend) of around 5.2 % in within 3 months time ! If you bought L&G at @0.13 you will get a return(dividend) of around 5.4 % in within 3 months time !
P/S=> The dividend payout date is in October 2024, which is less than 3 months time from now, so, why not just sailang all your belongings till underwear to buy L&G shares at @0.13 ???
Don't worry, its turn will come. It is just a matter of time. To me, L&G is a much better company with consistent dividends whereas MUIIND has never paid any dividend before.
Probably Malaysia would follow suit if US lower the interest rate. The reason why didn't follow US to increase the interest rate is not to jeopardize/increase the inflation rate.
ShareFortuneTeller, don't worry, the announcement will be make soon, latest by end of this month.
Below is the estimate date: On 29-7-2024(Around 2 weeks from today's date)(Last year is on 28-7-2023)=> 1)To announced the AGM will be on 19-9-2024 2)At the same time, announced the 0.7 sen dividend's payment date will be on 18-10-2024 (Around 3 months from today's date)
Nothing to worry, just that may feel foolish decision this time to bought this share too earlier while waiting for AGM to approve the dividend which date is yet to be fixed and monies park in the Bank still have interest.
Its share price has been struggling at below 20 sen for over 6 years. Investors got some small consolation in the form of dividends that averaged about 1 sen each year. Still not too bad.
Two years ago, I still managed to buy some at 10 sen a share. Last year the lowest I could get was 11.5 sen a share. In January this year I managed to get some at 12.5 sen a share. It is creeping up very slowly. Even at a rate of 1.5 sen a share, it is still worthwhile investing.
Zhejiang Geely Holding’s planned investment of USD10bn in Tanjung Malim. Recall that Geely has plans to turn it into the region’s largest auto city, in line with the Malaysian government’s aspiration for Tanjung Malim in Perak to become Malaysia’s Automotive High Tech Vally (AHTV). Geely and its local partner DRB-Hicom are involved in the development of AHTV, which serves to become Malaysia’s future hub for Next Generation Vehicle. According to the Muallim District Local Plan 2035, there are 22 strategies and 130 actions identified for implementation in three main sub-districts, namely Hulu Bernam Timur, Hulu Bernam Barat and Slim to achieve the aspiration. Progress in these initiatives provide plenty of opportunities for companies involved infrastructure, public amenities and property development, as housing needs expected to hit 33,000 units by 2035 to cater for 158,000 people versus current 70,000. PGF (TP: RM2.76), one of top buy picks, has plans to develop a self-sustaining integrated township with an estimated gross development value of RM3bn adjacent to the AHTV. Apart from DRB (Not Rated), other landowners in the vicinity or nearby locations like MJPERAK (Not Rated), L&G (Not Rated), TALAMT (Not Rated) and BJCORP (Not Rated) could benefit as well.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Faiza
624 posts
Posted by Faiza > 1 month ago | Report Abuse
hope big fish eat this small fish
can go LU