Posted by spectre007 > 2016-02-27 20:54 | Report Abuse

Busy deciding how much profit need to be announced ... whether put into this quarter or next quarter... no difference coz year-end is 31 March

Posted by CUTLOST > 2016-02-27 21:56 | Report Abuse

Hope will fly..next Qtr good

Posted by Eric Fong > 2016-02-28 17:12 | Report Abuse

Monday i think result out

Posted by Eric Fong > 2016-02-29 17:08 | Report Abuse

How result?

Posted by spectre007 > 2016-02-29 17:50 | Report Abuse

Nothing yet...

Posted by Eric Fong > 2016-02-29 18:10 | Report Abuse

But today not last day for annual report result?

Posted by spectre007 > 2016-02-29 18:12 | Report Abuse

Should be..

But don't you realise in the last 2 trading days, profit making also no use. . Price goes down... some loss making company... price goes up... nonsense and doesn't make sense anymore

Posted by xcu843 > 2016-02-29 18:49 | Report Abuse

Lousy report. Revenue drop.

Posted by spectre007 > 2016-02-29 19:02 | Report Abuse

The property division posted an operating profit of RM8.80 million (3Q2015: RM9.15 million) on the
back of a revenue of RM33.43 million (3Q2015: RM39.75 million), arising from the continued progress of construction work of Damansara Foresta.

Meaning the revenue from vacant possession of Damansara Foresta phase 1 will be in the next quarter and not this quarter. No worries at all...

Posted by Eric Fong > 2016-02-29 22:13 | Report Abuse

Hope so

Posted by spectre007 > 2016-03-01 01:56 | Report Abuse

http://www.starproperty.my/index.php/articles/property-news/city-living-infused-with-the-core-of-nature/

Posted by spectre007 > 2016-03-01 23:14 | Report Abuse

Bull is coming

Posted by leelc99 > 2016-03-02 12:07 | Report Abuse

It is good to keep talking and do nothing.

Posted by CUTLOST > 2016-03-02 12:08 | Report Abuse

Flight will Landing and overhaul the Engine first in the Hanger..after 3 months will fly back

Posted by spectre007 > 2016-03-02 12:24 | Report Abuse

Big support at 0.355.. something is brewing

Posted by Eric Fong > 2016-03-02 17:36 | Report Abuse

what happen?

Posted by spectre007 > 2016-03-02 19:12 | Report Abuse

Good to see that there are investors who know this is a hidden gem... 0.36... bravo

Posted by leelc99 > 2016-03-02 23:58 | Report Abuse

Lol that "Earth" guy deleted his comment "It is good to have dreams." above my comment after L&G closed high. What a noob. All talks no show.

Posted by spectre007 > 2016-03-03 00:02 | Report Abuse

Hahaha.. noted that too...

Posted by notebook > 2016-03-03 10:13 | Report Abuse

there is rumour said country garden will offer 1:1 share injection to be a major shareholder of l&g.
since mayland and country garden are abang adik, as a major shareholder of l&g, mayland will agree the offer.
country garden will inject some of current properties project into l&g.
l&g will be rename into mayland country garden.
two big property player will brings malaysia property into mainland china market

Posted by spectre007 > 2016-03-04 23:31 | Report Abuse

No wonder so many buyers recently...

Posted by CUTLOST > 2016-03-05 17:53 | Report Abuse

Best Entry at 34.5 and Best Buy at 34cts

Posted by spectre007 > 2016-03-05 22:01 | Report Abuse

Dow Jones already above 17000 pts... klci mau naik tak naik like that.. 1700 pts also so difficult to break

Posted by valueinvestor > 2016-03-06 13:52 | Report Abuse

L&G's trade and other receivables ballooned to RM398 mil as of 31.12.15. Does this mean that the company has yet to receive and recognize a lot progress billings from its Foresta project which was completed recently? Can any accounting sifus or accountants help to analyze and enlighten members in i3? Thank you.

(hoping to gauge its profit for the 4th quarter ending 31/3/16...)

Posted by spectre007 > 2016-03-06 19:19 | Report Abuse

Sharp eyes .. I saw that too and because it doesn't have notes to the accounts, I am guessing this is construction work in progress.... and yes, it would only be damansara foresta. Construction work in progress will eventually be turned into revenue (via progress billings) and once the bankers release final drawdowns, you will also see cash and bank balances ballooning. The next quarter is going to be very interesting. Significant revenues recognised.. and a big cash pile. I foresee dividend will also be declared during that time....

Posted by Eric Fong > 2016-03-08 23:31 | Report Abuse

Buy more and sleep tight for dividend..

Posted by tuapuikia > 2016-03-09 10:51 | Report Abuse

saw damansara Foresta, lousy development. I think more people will avoid L&G properties.

Posted by spectre007 > 2016-03-09 21:20 | Report Abuse

Whether development is lousy or not... doesn't matter.. from company point of view... big cash pile coming in

Posted by Investeye > 2016-03-12 12:45 | Report Abuse

As L&G share price down to rm0.34 which worth to have a second look.
Base on its latest Q report, by paying rm0.34 per share, you can own a rm0.25 (276mil/1092mi) cash per share; and rm0.39 worth of stocks( (35mil+398mil)/1092mil) per share
Total worth rm0.64 per share!!
Even the property market is not good. It is till worth to invest in L&G. If worse case the coming dividend is rm0.015 not rm0.02, it is still >4%!
So, take opportunity to accumulate at low

Posted by valueinvestor > 2016-03-12 16:43 | Report Abuse

http://www.senaparc.com/

http://www.themalaysianreserve.com/new/story/lg-launch-projects-rm17b-gdv

The management should be phased out as they have been sleeping and taking their own sweet time in carrying out their jobs, Those projects should have been launched much faster and earlier!! Simply sleeping on their job! !!!!

Posted by Eric Fong > 2016-03-13 17:07 | Report Abuse

I think the management is on their progress for all their projects as property market not so good nowsday and they need to walk very carefully each steps.
If rush and introduce a lots of projects i think the market cannot digest it too.

Posted by Investeye > 2016-03-14 11:41 | Report Abuse

I still trust his MD GT Low to deliver the expected performance. It provides a opportunity for us to accumulate at low.

Posted by Eric Fong > 2016-03-14 20:00 | Report Abuse

Bright Future for this company for long term

Posted by noobbiew > 2016-03-15 11:50 | Report Abuse

valueinvestor L&G's trade and other receivables ballooned to RM398 mil as of 31.12.15. Does this mean that the company has yet to receive and recognize a lot progress billings from its Foresta project which was completed recently? Can any accounting sifus or accountants help to analyze and enlighten members in i3? Thank you.

(hoping to gauge its profit for the 4th quarter ending 31/3/16...)

Construction and developers can only recognize when VP has been delivered or reach certain milestone in their works. Damansara Foresta completion was in Dec 2015, hence most of if not all DF receivables would be recognize in Q1 2016. I also understand L&G is selling Astoria Ampang.

Posted by Investeye > 2016-03-15 16:29 | Report Abuse

Matchef at rm0.335!

Posted by tanhy123 > 2016-03-15 21:09 | Report Abuse

Receivable is part of revenue, it just means money not yet received, does not mean unrecognised billing

Posted by spectre007 > 2016-03-15 21:32 | Report Abuse

Hello.. newbie.. do u see 350 million in the latest quarterly results? The revenue is not recognised yet... read the results carefully

Posted by tanhy123 > 2016-03-16 08:58 | Report Abuse

Agreed that receivable is not part of revenue. Notice that trade payable also balloon up, consider that the coming +ve cash is about 160m.

Posted by Investeye > 2016-03-16 09:19 | Report Abuse

Will L&G benefit from it...

KUALA LUMPUR (March 16): AffinHwang Capital Research is “Overweight” on the property sector and said sector may reach an inflection point soon, premised on sustained economic data.
In a note today, the research house said that coupled with strong balance sheet position, it sees limited downside risk to share price for companies under our universe.
“Revenue will be suported by strong unbilled sales and new launches.
“We are Overweight on the sector. For exposure to the sector we like UOA Development Bhd and Eastern & Oriental Bhd,” it said.

Posted by Investeye > 2016-03-16 13:23 | Report Abuse

Hopefully the property market will recover 2nd half of this year.

KUALA LUMPUR (March 16): Mah Sing Group Bhd. said it is ready to buy more land after holding back in 2015, as the company predicts a rebound in Malaysia’s property sales in the second half of the year.
The nation’s third-largest property developer by sales is seeing signs of renewed confidence from consumers as they move beyond negative reports on the currency and political developments, said Group Managing Director Leong Hoy Kum in an interview. The company has a record 1.4 billion ringgit (US$338 million) cash pile for land acquisitions, he said.
“The market has stabilized," Leong said at his office in Kuala Lumpur Tuesday. "Every weekend is shopping time for me and sometimes I charter a helicopter to look at land the size of 500 acres to 1,000 acres.”
Shares of Mah Sing have risen more than 7% from a 2013 low on Feb. 4. The stock tumbled 12% in 2015, the biggest annual drop since 2008, compared with a 7.6% slide in the Bursa Malaysia Property Index.
Malaysian home builders have struggled since 2013, when the government started imposing stricter lending rules after cheap credit fueled a buying frenzy and helped contribute to record household debt in the Southeast Asian nation. Mah Sing is lobbying the government for more incentives to boost property transactions, Leong said.
A goods and services tax, last year’s slump in the ringgit to a 17-year low and concerns over mounting debt at state investment company 1Malaysia Development Bhd (1MDB), worsened sentiment among buyers last year, amid the biggest housing glut in a decade.
“We have reached the bottom of a downturn, and it will recover in the medium term," Leong said. "The bad news like 1MDB and the ringgit have already been digested, I don’t see anymore bad news coming out. It is back to work for everyone to focus on economic growth.”
The ringgit has rebounded 3.8% this year, making it the third best-performing currency in Asia.
Mah Sing is on track to reach its 2.3 billion ringgit sales target in 2016 and anticipates selling more “medium range to high-end properties” next year with the greatest potential in Kuala Lumpur, he said. The company wants to replenish its land bank, after it halted such purchases last year for the first time since 2005.
“I know very well about all the good land in Kuala Lumpur,” Leong said. “When the weather is bad and turbulent you better don’t fly. Now the skies are clearer.”

Posted by Eric Fong > 2016-03-17 10:10 | Report Abuse

Why volume so high just in 15 minutes after opening...

Posted by Eric Fong > 2016-03-17 10:50 | Report Abuse

Wow...high volume today

Posted by Investeye > 2016-03-17 11:29 | Report Abuse

Matched at rm0.33..

Posted by vitac > 2016-03-17 12:20 | Report Abuse

Everyday drop 0.5c when can go up.......

Posted by vitac > 2016-03-17 12:25 | Report Abuse

Looks like will reach 0.30 soon

Posted by Invest123 > 2016-03-17 12:26 | Report Abuse

No blake

Posted by Investeye > 2016-03-17 17:39 | Report Abuse

Still feel confident, it is a good opportunity to accumulate and will get a good rewards for mid term.

Posted by leelc99 > 2016-03-17 17:57 | Report Abuse

Wow, high sell volume! But price is steady! I wonder what is going on...

Posted by Mingleeqi > 2016-03-17 18:03 | Report Abuse

Time to accumulate?

Posted by Activetrader > 2016-03-17 23:24 | Report Abuse

wow almost forgot this company.....cash rich company ...net cash ..am i right? can buy can buynow is the lowest already