LAND & GENERAL BHD

KLSE (MYR): L&G (3174)

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Last Price

0.13

Today's Change

+0.005 (4.00%)

Day's Change

0.125 - 0.13

Trading Volume

733,600


32 people like this.

11,240 comment(s). Last comment by Faiza 1 week ago

Posted by ShareFortuneTeller > 2 months ago | Report Abuse

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.

Posted by prudentinvestor > 2 months ago | Report Abuse

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.

bullrun168

444 posts

Posted by bullrun168 > 2 months ago | Report Abuse

Walaoeh, what happend ?
Super damn hot man Mkland today !
Now Mkland was traded at @0.23 (+0.015) (+7.0 %)

Heng ah, Ong ah, Huat ah !

bullrun168

444 posts

Posted by bullrun168 > 2 months ago | Report Abuse

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 ???

Heng ah, Ong ah, Huat ah !

Posted by ShareFortuneTeller > 2 months ago | Report Abuse

MUIIND 3891 yesterday up already, when L & G ????????

Posted by prudentinvestor > 2 months ago | Report Abuse

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.

Posted by Firefighter > 1 month ago | Report Abuse

good things comes to those who waits :)

Posted by prudentinvestor > 1 month ago | Report Abuse

Once the US begins to cut interest rates, property stocks should rebound. It probably won't take too long.

speakup

26,580 posts

Posted by speakup > 1 month ago | Report Abuse

But Malaysia won't cut interest rate because we didn't even raise it above pre COVID level like the USA

Posted by ShareFortuneTeller > 1 month ago | Report Abuse

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.

Posted by ShareFortuneTeller > 1 month ago | Report Abuse

Almost 2 months already from the date of dividend proposal declaration, AGM date yet to be fixed.... playing investors/ppl ???

bullrun168

444 posts

Posted by bullrun168 > 1 month ago | Report Abuse

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)

RInvest

41 posts

Posted by RInvest > 1 month ago | Report Abuse

Sounds about right - nothing new - very routine counter

RInvest

41 posts

Posted by RInvest > 1 month ago | Report Abuse

1st August 2014 - 53.7 cents ... after 10 years ...

Posted by ShareFortuneTeller > 1 month ago | Report Abuse

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.

Posted by ShareFortuneTeller > 1 month ago | Report Abuse

This counter should be in my blacklist in the future.

Posted by prudentinvestor > 1 month ago | Report Abuse

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.

Faiza

646 posts

Posted by Faiza > 1 month ago | Report Abuse

funds are buying, will inch up slowly

theyoungman

1,853 posts

Posted by theyoungman > 1 month ago | Report Abuse

Strong vol 0.135. slowly

Posted by prudentinvestor > 1 month ago | Report Abuse

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.

Faiza

646 posts

Posted by Faiza > 1 month ago | Report Abuse

controlling shareholder bought 7.4M, good signs

Faiza

646 posts

Posted by Faiza > 1 month ago | Report Abuse

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.

unclelee

14 posts

Posted by unclelee > 1 month ago | Report Abuse

The big boss has acquired shares, a big show will come soon....

Faiza

646 posts

Posted by Faiza > 1 month ago | Report Abuse

still in accumulation phase by funds at 13.5

bullrun168

444 posts

Posted by bullrun168 > 1 month ago | Report Abuse

Yes, finally the dividend announcement was out !

Final Dividend
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3468789


Entitlement description: Single Tier Final Dividend of 0.7 sen per ordinary share
Ex-Date: 02 Oct 2024
Entitlement date:03 Oct 2024
Payment Date: 18 Oct 2024
Date Announced: 30 Jul 2024

bullrun168

444 posts

Posted by bullrun168 > 1 month ago | Report Abuse

You all will be getting your dividend payout on 18-10-2024 around 2 and a half month time from now !

RInvest

41 posts

Posted by RInvest > 1 month ago | Report Abuse

DV stock

Faiza

646 posts

Posted by Faiza > 1 month ago | Report Abuse

5% is a respectable div rate

theyoungman

1,853 posts

Posted by theyoungman > 1 month ago | Report Abuse

Good to invest with low risk despite less excitement and size slow movement.

RInvest

41 posts

Posted by RInvest > 1 month ago | Report Abuse

Will it break .14 roadblock?

RInvest

41 posts

Posted by RInvest > 1 month ago | Report Abuse

Nope - turun lagi ada ... can get more for DV

theyoungman

1,853 posts

Posted by theyoungman > 1 month ago | Report Abuse

13/13.5 dy

calvintaneng

56,190 posts

Posted by calvintaneng > 1 month ago | Report Abuse

L&G = Lower & Go lower

Better buy TALAM

Talam Assets are Prime Lands

TALAM (2259) SELLING ASSET TO UNLOCK CASH PLUS RM26.6 MILLION PROFIT (ASSET PLAY IN MOTION) Calvin
Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-05-story-h-155111623-TALAM_2259_SELLING_ASSET_TO_UNLOCK_CASH_PLUS_RM30_MILLION_PROFIT_ASSET_

Posted by prudentinvestor > 1 month ago | Report Abuse

Don't BS here Tan Tua Pao. Talam's NTA is only 5 sen a share. It has never been profitable for a long long time. The last time it paid a dividend was 20 years ago.

calvintaneng

56,190 posts

Posted by calvintaneng > 1 month ago | Report Abuse

hahaha

how come you missed insider injected assets of sri kembangan at highly inflated related party deal???

calvintaneng

56,190 posts

Posted by calvintaneng > 1 month ago | Report Abuse

Datuk Tan very honest

https://www.youtube.com/watch?v=tvaJbMPzRZc

Posted by prudentinvestor > 4 weeks ago | Report Abuse

Any counter that Tua Pao has bought heavily and ready to promote to innocent investors is a good counter. Only he is capable of making money from the stock market.

Faiza

646 posts

Posted by Faiza > 4 weeks ago | Report Abuse

talam is a contender for pn17
asset rich but loss making
will eat into the nta yr after year

dompeilee

11,888 posts

Posted by dompeilee > 4 weeks ago | Report Abuse

Calvin the Jurong west government housing-dweller & stock hot-air-blower promoting his TSH, rsawit, talamt 24hours/7 days a week all still CANNOT withstand mkt swoon !🤣

Took advantage of the said mkt swoon to add to my L&G holdings!

Faiza

646 posts

Posted by Faiza > 4 weeks ago | Report Abuse

talam, no way
even late founder cant turnaround

Posted by prudentinvestor > 4 weeks ago | Report Abuse

Someone who mostly invests in speculative counters and promotes them to others can't be a trustworthy person.

Posted by prudentinvestor > 4 weeks ago | Report Abuse

Talam is one of the worst counters listed on Bursa Malaysia and yet this fellow has the cheek to recommend it to others.

dompeilee

11,888 posts

Posted by dompeilee > 3 weeks ago | Report Abuse

Not to mention the CHEEK to spam multiple other stock forums with his endless, upchuck-worthy promotions of dubious speculative stocks.

Posted by prudentinvestor > 3 weeks ago | Report Abuse

Hound this clown of immediately should he ever return to this forum again to create problems. He has already made TSH forum his permanent home.

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Made several weak attempts to move up but failed. Has been stuck at around this level for more than one year already.

bullrun168

444 posts

Posted by bullrun168 > 2 weeks ago | Report Abuse

prudentinvestor, don't worry...
just keep it for the Dividend Payment Date: 18 Oct 2024 which is less than 2 months time from today date !
it's dividend rate is 0.7 sen per ordinary share !
If you bought L&G at @0.135 you will get a return(dividend) of around 5.2 % in less than 2 months time !

Heng ah, Ong ah, Huat ah !

RInvest

41 posts

Posted by RInvest > 2 weeks ago | Report Abuse

as expected .. range at 13-13.5 .. kudos to those who top up when it dipped 2 weeks ago

KikoBny

3 posts

Posted by KikoBny > 2 weeks ago | Report Abuse

yield is 5.3% great

calvintaneng

56,190 posts

Posted by calvintaneng > 1 week ago | Report Abuse

please do think very carefully


see two macro picture


1. In Peninsular (West Malaysia )

there is a 52% diesel price rise

as such all industries will be impacted by a corresponding rise of 5% to as high as 30%

these will see higher cost

1. property
2. construction
3. construction material
4.logistic that send goods by lorry or ships

5. consumer food and drink which are bulky

6. Toll road owners
as lorries now see higher operation cost by 52% they will make less trip so less collections from till


others




2. By Nov 2024 if Trump gets elected he will impose 10% tariff (tax) for all and for China it will be 60% tariff

so all industries related to export to USA will be hit

two things will hit all


a universal price rise caused by rise of diesel 52%

a universal tariff by USA from 10% to 60%


that is why it is of utmost safety to go invest in East Malaysia stocks which got no 52% diesel rise there

and palm oil export is more to India and China (not USA)

Faiza

646 posts

Posted by Faiza > 1 week ago | Report Abuse

seriously, L&G should branch out in education biz, replicate same business model
then list in ace market for funding

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