The number of share sure will reach near or less then to 1200M, by convert L&G_LA to L&G which issue out 1:1. If share price drop this time, and right issue again, the convert price will less again, benefit to who have money to buy right issue. and the value of this share will dilute again. expect 1:1 again, need to put in more money to buy.
I initial think that the project is every good, last found that a lot people complaint on Mayland property quality issue, if no more positive new, will consider taking some profit and run away to buy BJCorp, which is under value. Thinking only, study so much, need more return on this share.
Many projects has been delayed for launching. No visible revenue from year 2016 onward. Following the completion of Elements@Ampang, the company has only one on-going project, Damanasara Foresta Phase 1, to be completed by 2015. This project was launched in 2012 with GDV about RM 700 million. We don't know the amount of unbilled sales until now.
You can see this will be happening soon. 1st step issue ICULS. 2nd open market buy ICULS. 3rd declared dividend. 4th all ICULS owner changed to ordinary shares. 5th company alot of cash. 6th dont launch new project so that EPS will drop. 7th come out fake EPS report. 8th admended report after CNY. 9th minority shareholder angry and throw the share. 10th shares price drop like hell. 11th privatized with cheap price.
Haha u say spelling wrong. English wrong. Total cash wrong. Total assets wrong still can believe. EPS also wrong? This is the most important thing for their boss. They also can calculate wrong? Somemore need so many days to realise. Really seem like manipulate the figures
No new project launch yet. See how the revenue increase. Tell me pls MR Low Gay Teck, our beloved CEO and Ms Chiu, our beloved main shareholder from Mayland!!!
Mr Low Gay Teck where is your 2billion project that ypu talk so long? Why not even one project you have launch? What have you done in the past 1 year? Sleep and makan gaji buta?
Appoint of New Chief Financial Officer, Wong Keet Loy, that mean not believe the old staff earning the money, look for new guy to control the money, this will delay a lot of operation, can be expect this company need few year to stable. Boss is difficult to manage, earn money more they need to look for new guy to control, no earn money just close shop, If this company going down, the boss and this financial officer is guilty.
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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....
cyphua
976 posts
Posted by cyphua > 2015-02-19 06:23 | Report Abuse
The number of share sure will reach near or less then to 1200M, by convert L&G_LA to L&G which issue out 1:1. If share price drop this time, and right issue again, the convert price will less again, benefit to who have money to buy right issue. and the value of this share will dilute again. expect 1:1 again, need to put in more money to buy.