Refering to cytew,s suggestion. Another positive way to look at is for the same $ to purchase the mother share you can buy more LA. When the times comes to take your profit, you will gain much more. Especially, taking into account of the phenomena that when the market is chasing the share the son will be trading at a premium.
That is the $1 question. We will have to help each other to watch and see. Some watching the chart and others some insider info. When the men in black starts to take action. haha
By the way what is the meaning of LOL. I am new to this lingo
Yes, I agree with scjm3, this L&G stock is damn sucks, the others property stocks all has gone up so much, only this balia L&G still struggle in rm 0.30 ~0.40, what a loussy penny stock...
Ytl Power is one of the 30 largest 30 shareholders, so too is the Perlis SEDC and about 7 foreign funds including one from New York.Investing is for the long term and those foreign funds are long term funds. Something they know that ordinary investors do not.there is value in this stock
This is the earnings inflection point. As the JV project going near to completion and 100% owned project in Damansara going full steam when there are progressive claims of all 4 blocks, the future earnings growth are going to get just better and better!
TomJerry, l&g is a turnaround company. Refer my previous comments. This is a beautiful daughter. It won't turn into princess overnight. There are maybe around 50% iculs not converted yet. Not sure on this. Winnie had converted 40% iculs.
What princess it will become? It will be clearer after 2Q14. This princess is in "self imprisonment" mode (iculs).
The Group’s pretax profit for the 6 months period ended 30 September 2013 stood at RM85.6 million compared to RM18.0 million achieved for the 6 months period ended in the preceding year, as a result of improved results from property division coupled with lower fair value loss on its quoted investments and lower share of losses from its jointly controlled entity in Australia.
Despite the recent cooling measures announced by the Government to curb speculative activities in the property sector, the Group is confident in sustaining its current performance for the coming two quarters as the developments from its on-going projects have secured locked-in sales and are on schedule.
Assuming the full year earnings come up to 11 sen per share and a PE of 8, Land & General should command a price of 88 sen per share. Its deposits, cash and bank balances are also very impressive at over RM 290 million.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 820 views | 5 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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....
smartguy
110 posts
Posted by smartguy > 2013-10-11 22:37 | Report Abuse
I expect LA continue to trade at discount in the long run. Wanna bet?