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

1,579,200


32 people like this.

11,240 comment(s). Last comment by Faiza 6 days ago

spectre007

1,407 posts

Posted by spectre007 > 2016-01-05 01:18 | Report Abuse

If continue to have herd mentality and down because of China and dow jones...the rebound (when it comes) will be huge..

spectre007

1,407 posts

Posted by spectre007 > 2016-01-05 10:05 | Report Abuse

Rebounding!

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-05 12:12 | Report Abuse

High High Higher....

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-05 18:36 | Report Abuse

If the price can increase few fold then good lo

spectre007

1,407 posts

Posted by spectre007 > 2016-01-05 18:37 | Report Abuse

Do u think so it will?

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-05 18:49 | Report Abuse

Hope so...whatever can happen in bursa...u see MYEG...start Rm0.70 im seeing it until now but not buying it that time....

spectre007

1,407 posts

Posted by spectre007 > 2016-01-05 18:53 | Report Abuse

The market still doesn't know the VP of Damansara Foresta in the last week of Dec 15... where significant revenues and profits would be recognised...

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-05 19:32 | Report Abuse

All the best to L&G

spectre007

1,407 posts

Posted by spectre007 > 2016-01-05 19:50 | Report Abuse

Did u manage to accumulate some Eric?

spectre007

1,407 posts

Posted by spectre007 > 2016-01-05 21:59 | Report Abuse

Can see not many sellers but buyers a lot...

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-06 00:53 | Report Abuse

Money stuck on other stock..haha...no bullet to buy already...

tuapuikia

2,346 posts

Posted by tuapuikia > 2016-01-06 11:31 | Report Abuse

heard their foresta delayed

tuapuikia

2,346 posts

Posted by tuapuikia > 2016-01-06 11:32 | Report Abuse

the lowest it can go is 0.28, let's wait for it

spectre007

1,407 posts

Posted by spectre007 > 2016-01-06 12:08 | Report Abuse

Ppl talking about Phase 1 for Damansara Foresta... VP'ng since last Dec already. Your hearsay is definitely not accurate.

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-06 16:29 | Report Abuse

Yeah....correct

spectre007

1,407 posts

Posted by spectre007 > 2016-01-06 22:13 | Report Abuse

Will slowly go up until the results are released in Feb... then people start chasing

mrk2ca

106 posts

Posted by mrk2ca > 2016-01-07 10:19 | Report Abuse

Enter at 0.37 sen..waiting for feb results

spectre007

1,407 posts

Posted by spectre007 > 2016-01-07 10:26 | Report Abuse

Good choice... absolute hidden gem

spectre007

1,407 posts

Posted by spectre007 > 2016-01-07 17:27 | Report Abuse

Looks like L&G has serious investors only... not affected by the circuit... will bear fruits in Feb and even more in May....watch this closely

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-08 00:01 | Report Abuse

Hope so...nobody is talking about L&G...even no forum ppl talking about them too

spectre007

1,407 posts

Posted by spectre007 > 2016-01-08 16:27 | Report Abuse

Coming....

samgross

229 posts

Posted by samgross > 2016-01-08 18:46 | Report Abuse

Property counter wait la year 2017

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-08 21:07 | Report Abuse

not really...u see Ecoworld and LBS...they doing very well..

spectre007

1,407 posts

Posted by spectre007 > 2016-01-08 22:59 | Report Abuse

L&G is not Mahsing where they have so many projects in the pipeline... and therefore consistently have progress billing. Only 1 project VP'ed in 2014 and now in Dec 2015. So expect good revenue for dec quarter

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-09 00:05 | Report Abuse

No worry soon they will have a lots of project coming soon

Tsuto

54 posts

Posted by Tsuto > 2016-01-09 19:58 | Report Abuse

which project?

spectre007

1,407 posts

Posted by spectre007 > 2016-01-10 23:12 | Report Abuse

Don't think so buddy... looks like it's only one way up

blgband

62 posts

Posted by blgband > 2016-01-10 23:47 | Report Abuse

i think it is still in accumulating stage...

spectre007

1,407 posts

Posted by spectre007 > 2016-01-11 16:50 | Report Abuse

Not only standing strong... but coming...

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-12 14:47 | Report Abuse

faster come lo...

spectre007

1,407 posts

Posted by spectre007 > 2016-01-12 23:39 | Report Abuse

Likely come in February but buying now is the right choice.
No need to chase later

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-13 18:28 | Report Abuse

Wait and be patient...

spectre007

1,407 posts

Posted by spectre007 > 2016-01-14 22:58 | Report Abuse

Damansara Foresta is VP'ing... patiently waiting to see the results

Posted by valueinvestor > 2016-01-16 12:20 | Report Abuse

Since the VP letters for Damansara Foresta were sent out on 31 Dec 2015 as per its Facebook, L&G can be expected to report strong and bumper earnings for its current FY ending 31 Mach 2016. Hopefully higher dividend of say 4 sen per share will be declared too for its shareholders. Otherwise, the BOD should be sacked given its weak share price which has been dropping for the last 15 months

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-16 21:21 | Report Abuse

Whats the name of L&G facebook?

spectre007

1,407 posts

Posted by spectre007 > 2016-01-17 22:41 | Report Abuse

Look at the preceding 4 quarters' revenue and profits before the Sept 2014 quarterly results (210mil revenue) were released. The Elements @ Ampang VP'ed in July 2014.

Share price : about 60sen (plus minus)

Now look at the preceding 4 quarters' revenue and profits before the Dec 2015 quarterly results (xxx Mil revenue) that will be released in Feb 2016. Damansara Foresta phase 1 VP'ed in Dec 2015.

What do you think the revenue and profits will be in the Dec 15 Quarterly results that will be announced next month? If you take a simple extrapolation, my take is around RM80-RM100 Mil in revenue, if not, more... let alone its profits?

Share price: you decide... (45 to 50 sen TP?)

spectre007

1,407 posts

Posted by spectre007 > 2016-01-21 13:44 | Report Abuse

RSI and Stochastic showing indications of oversold... time to buy....

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-21 23:39 | Report Abuse

BuyBuyBuy....

spectre007

1,407 posts

Posted by spectre007 > 2016-01-22 13:55 | Report Abuse

All these ICULS conversion selling down the price until 'oversold'. Charts have indicated that this is the right timing to buy. Double confirmation from RSI and Stochastic.

Posted by Starbucks > 2016-01-22 13:57 | Report Abuse

Are you sure?? Time to buy or sell??

spectre007

1,407 posts

Posted by spectre007 > 2016-01-22 13:58 | Report Abuse

Only sohxx will sell

Posted by Starbucks > 2016-01-22 16:06 | Report Abuse

Spectre007, why so defensive?? I am just seeking further confirmation cause I had a number of l&g bought at high price.

spectre007

1,407 posts

Posted by spectre007 > 2016-01-22 16:08 | Report Abuse

Not defending you. Defending the fundamentals of this stock. Only weak shareholders don't know how to look at the fundamentals

Eric Fong

1,193 posts

Posted by Eric Fong > 2016-01-22 16:17 | Report Abuse

In point of view from dividend, it should be bought at this price.
In point of view from P/E, it should be bought too as this company have bright future...
Every investment needs to looks intot the return of our investment....this is most important...

spectre007

1,407 posts

Posted by spectre007 > 2016-01-22 17:20 | Report Abuse

Well spoken Eric. Last minute... boost back up to .35.... after all the idiot's selling for short term gain

spectre007

1,407 posts

Posted by spectre007 > 2016-01-23 16:12 | Report Abuse

Heard may have interim dividend...

spectre007

1,407 posts

Posted by spectre007 > 2016-01-24 12:40 | Report Abuse

L&G’s core business activities can be categorised into two divisions, namely Property and Education. The Property Division remains the primary growth driver and profit contributor of the Group while the Education Division (i.e Sekolah Sri Bestari and Tadika Manjaria Sekolah Sri Bestari and Tadika Manjaria) provides a stable and recurrent revenue stream. The Group also invests in other businesses including oil palm cultivation and clubhouse management.RM2bn sustained income stream. In its 2014 Annual Report, Management guided that L&G’s existing and future projects are expected to contribute positively to its financial performance on a sustained basis over the next few years. 

The Elements@Ampang has been handed over to home owners in June 2014 while Damansara Foresta (Phase 1) is CURRENTLY being handed over vacant possession (since December 2015). The completion of Damansara Foresta (Phase 1) will likely be reflected in the annual report for FYE Mar 2016 (Dec 2015 and Mar 2016 quarterly results). In addition, future projects including Tuanku Jaafar Resort Homes, Damansara Foresta (Phase 2) and the new residential serviced apartments, Astoria@Ampang, adjacent to The Elements@Ampang have been launched in 2015 & 2016 respectively. These projects, with the collective GDV of RM2bn, will be captured in L&G financial results annually from 2016 until 2020. Looking much further out, it has about 2,500 acres in Lembah Beringin, north of Bukit Beruntung and Rawang.

Net cash per share of RM0.33 is about 93% of current share price. Net tangible assets of L&G per share as of now is 57.9 sen. L&G has a solid cash-rich balance sheet. As of 9MFY2016, cash & cash equivalents stood at RM328m, equivalent to 33 sen per share or approximately 93% of its current share price of 35 sen.

Posted by myfairlady > 2016-01-24 20:33 | Report Abuse

Buying at this price is a steal.

spectre007

1,407 posts

Posted by spectre007 > 2016-01-26 08:22 | Report Abuse

Absolutely good value

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