L&G earnings will be bad for the coming quarters. Why? Because no new launch. Last quarter was a one off due to the final stage of billing Damasara Foresta
eric fong you always claim that price low is good for accumulate,why you do not accumulate at 0.34,?if you do so your average price will be 0.405 only.lower than me liao ma.
This cts , 20 yrs ago , a high flier stock, now a dead wood . Many old timers burned till now cannot recover.Some could be in another world . I am very fortunate like u , Eric ,entry sen40 +. U know peak is $8. .Very scary .
But that time is financial crisis...not only this stock influence...other stock influence as well..or worst to say the whole world stock market is influence...
you are welcome,the board director invite you to be an independent director,the more you buy,the best price they offer.today is cheap,tomorrow is cheaper.buy until you "cry father cry mother " loh.once you buy,they provide you dividend deduct from your share price and we still have to praise them provide high percentage dividend, actually we lend them fund without interest for years.i and eric fong are good person,don't mind to do so.are you want to follow ?
Well in doing business it is normal thing to take back ur capital from dividend...you keep on looking for high capital appreciation stock and i think u r gambling because u dunno which stock is shoot up the next..what i know is i got doing business mind. I invest share / capital from a company, and i know it is earning money and will decent dividend to us...and the company and their business field is good future..then i will buying it...
Astoria Ampang was officially launched in April and currently enjoys up to 80% in sales for the first launched tower.
On another note, Land & General will also be launching Damansara Foresta Phase 2, Bandar Sri Damansara and Sena Parc, Senawang in the third quarter of this year.
Thanks Eric for some positive fundamental investing visions. I think mental setting come first. Though some paper lost, but taking the investmenting in company as own partnership is important . Prices vary every seconds. PE , DY, revenue and profit growth should be the major gauges.
Sorrry for me no target price. What i do is buy low price and get good dividend rate every year to get back my invest money then the stock in hand will be free :-) Maybe mostly ppl here not agree on my investment vision.
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spectre007
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Posted by spectre007 > 2016-06-21 20:34 | Report Abuse
Blow water is it?