Posted by nikicheong > 2017-04-11 21:25 | Report Abuse

So brothers, what becomes of the market cap of this company upon rights issue? It should increase, no? At a ratio of 8/5...yes?

To me the management is simply not forthcoming enough. They could be good/bad, but they just can't be damned enough to be clear with their shareholders.

Posted by Octopus > 2017-04-11 22:58 | Report Abuse

Usually penny share company do offer RI or bonus share to make sure that they can control our all of the shareholders...

Posted by tah16600 > 2017-04-12 09:05 | Report Abuse

Cheap sale

Posted by Kris Wong > 2017-04-12 09:17 | Report Abuse

Yes cheap sale, likely there should be 2 share dividends this year, 1 interim dividend of 2sen after the rights issue and probably a final dividend after the annual report/AGM period before end of this year !

Posted by tah16600 > 2017-04-12 09:57 | Report Abuse

U can't get good deal from sleek director

Posted by cutie > 2017-04-12 10:13 | Report Abuse

many minority shareholders selling their shares now to buy RI.

Posted by cutie > 2017-04-12 10:21 | Report Abuse

The big shots are laughing now .

Posted by tah16600 > 2017-04-12 10:33 | Report Abuse

The director aldy laughing all the way to OCBC bank

Posted by xcu843 > 2017-04-12 10:36 | Report Abuse

Want to ask, those sell share now entitle for RI?

Posted by tah16600 > 2017-04-12 10:42 | Report Abuse

U r entitle

Posted by xcu843 > 2017-04-12 10:56 | Report Abuse

So from 0.31 drop to 0.25, so rugi 5 cents. Where the 6 cents go?

Posted by imlearning > 2017-04-12 10:57 | Report Abuse

Keep on dropping,having huge paper lost..

Posted by tah16600 > 2017-04-12 11:00 | Report Abuse

U r lucky still got 24,5sen,

Posted by tah16600 > 2017-04-12 11:03 | Report Abuse

If might even break below right issue price if market not good.

Posted by InvestWin > 2017-04-12 11:09 | Report Abuse

Today ex-date for RI. That's why it drops. I think can hold above 24cent based on current euphoria on penny stocks. Could go higher if current penny stocks euphoria continue for another month( which is likely) since L&G still pay dividend. A lot of penny stocks, no dividend also play up.

Posted by Octopus > 2017-04-12 11:10 | Report Abuse

That's normal but today will close unchange... drop will continue around 4/5 days then rebound...

Posted by Phifia Allan > 2017-04-12 11:12 | Report Abuse

今年这一次的附加股建议，MPSB重施故技，挑战小股东的智慧，再一次有计划的欲扩大其控制权。尤为甚之的是，这次甚至申请豁免全面收购，进一步将置地通用纳为囊中物。

和2013年相似，置地通用又再向大股东的公司Mayland收购资产，而这次的收购价值高达3.35亿令吉。

置地通用打算从附加股募资4.01亿令吉，而大股东在没人认购之下，愿意认购最高达8.2亿股（1.722亿令吉），以“帮助” 置地通用完成收购，但这也将“帮助”其股权增加至60%！

少借贷却频筹资

除了附加股，置地通用另一个让小股东不满的现象是公司处于净现金，甚少借贷，却频频向股东要钱。

根据去年12月31日的季度报告，公司手拥现金4.71亿令吉，贷款只有7800万令吉。小股东觉得，如果这项资产这么值得收购，那么通过一半现金一半举债的方式，进行收购应该绰绰有余，为什么还要向股东要钱？

目前公司的每股净资产是64仙，小股东放弃认购的话，MPSB将有机会以21仙的附加股价钱买到公司的更多股票，这可是折价67%呢！

当然，如果所有小股东齐心协力认购附加股，那么MPSB的股权就没有增加，而这次增加不到股权，如果将来他收购超过33%，还是会触动收购条例，需要进行全面收购。

所以我说这次置地通用出牌，是挑战小股东的智慧：要出钱还是不要？如果小股东这次全面认购附加股，成功阻挡MPSB持有超过33%却不必全面收购的计划，且看他下一次如何出招。

Posted by tah16600 > 2017-04-12 11:13 | Report Abuse

Good luck

Posted by Octopus > 2017-04-12 11:13 | Report Abuse

Need around 3-4 weeks to get new high after RI exercise.. then maybe drop back

Posted by Phifia Allan > 2017-04-12 11:13 | Report Abuse

after jkglang fry all the ikan bilizzzz..
L&G very soon fry new ikan bilizz.
good luck.

Posted by Phifia Allan > 2017-04-12 11:17 | Report Abuse

jkgland-or go until no bayer.
robert tan sapu all with price RM0.10

Posted by InvestWin > 2017-04-12 11:32 | Report Abuse

L&G Mgmt are not that bad. They still pay dividend. A lot of stocks eg Mulpha, etc makes profits but never pay dividends for years. Don't understand where all their profits gone.

Posted by Phifia Allan > 2017-04-12 11:50 | Report Abuse

in share market, zero bad and zero good.
only only only profit and lossssssss

Posted by 吹又起 > 2017-04-12 11:59 | Report Abuse

Sell mother sh at 24.5
Buy "or" at 2 cents and subscribe 21 cents.
Profit 1.5 cents per unit.

Posted by Phifia Allan > 2017-04-12 12:03 | Report Abuse

too late, sell mother sh b4 ex at 31 cents.
buy "or" at 2 cents and subcribe 21 cents.
profit will be 2 cents, 100 lot save 2k.

Posted by ryan7642 > 2017-04-12 12:27 | Report Abuse

Ok just done bought some test test water at 0.245 lvl:) the trend btwn 0.25-0.35 for few times happen within last year so I do believe will recover soon with special dividend n companies purchase news etc^^

Posted by alamak123 > 2017-04-12 14:31 | Report Abuse

the more you buy,the earlier you die.

Posted by Kang Yang Lai > 2017-04-12 15:04 | Report Abuse

maaf...newbie here. currently holding 20 lot of it...what is the R.I. about? TQ

Posted by Agnes KL LIm > 2017-04-12 15:50 | Report Abuse

what happen to this counter? why suddenly drop till 0.245??? lol....ytd still 0.30 something :(

Posted by Investlink > 2017-04-12 19:00 | Report Abuse

Can buy this stock ? I heard lot of negative comments on this counter, saying the boss is not so good.. the Stock can still drop below 0.20.. any comments ???

Posted by ryan7642 > 2017-04-12 19:05 | Report Abuse

Alamak: lollll don't lagi so bad~~company every year make profit still base/cash flow/nta strong:)

Posted by ryan7642 > 2017-04-12 19:05 | Report Abuse

*la

Posted by Hitto > 2017-04-12 19:26 | Report Abuse

Klci oledi up 200 point from 1,530 as at Aug 2015. US is on its great bull run and keep on making history new high. Then this counter is very funny, still everyday looking for its new low!

Posted by nikicheong > 2017-04-12 20:28 | Report Abuse

Eh, how come RI already done? Or is it yet to come? Can we buy and participate in the RI? Confused., :(

Posted by 风春 > 2017-04-12 21:01 | Report Abuse

Investlink, 坐山观虎吧！
等到天亮了才出招。

Posted by tah16600 > 2017-04-12 21:49 | Report Abuse

U can forget abt this ctr, use your hard earn money to buy minetech n puc

Posted by xcu843 > 2017-04-12 21:52 | Report Abuse

Later what counter list? LG, LG OR, LG LA? Anyone can advise?

Posted by alamak123 > 2017-04-12 21:54 | Report Abuse

Ryan,i think you are new in this counter,i was trapped for years,i bought from 54 cents till 40cents,luckily no more extra money,otherwise will buy till 24.5 cents,this is a very good counter,but the company slogan like Econsave," every day low price ",so very difficult to up,the directors scare to lose the customer,daily provide good price.

Posted by 吹又起 > 2017-04-13 00:20 | Report Abuse

Alamak123.
L&G boss 生子没屁股。

Posted by lkoky > 2017-04-13 10:16 | Report Abuse

before RI, NTA is 0.63; and share price was 0.4 with 40% discount
after RI, new NTA is 0.24, with 40% the new share price will be ~0.16~0.18

becareful guys

Posted by diqiuhao > 2017-04-13 10:16 | Report Abuse

Alamak....Agreed with what you said. Everyday low price.

Posted by xcu843 > 2017-04-13 10:36 | Report Abuse

Good time to buy if fall again.

Posted by ryan7642 > 2017-04-13 11:48 | Report Abuse

Alamak: this stock is in my watchlist for long time..I understand the feeling of stuck just that what I can said is timing problem not about the company background..eg last time I stuck at iris (0.3 above) n mpay (0.28 above) all cut lose..if how about I invest on last year or this year?shit load of money both fly from 0.1 to 0.2 above (Iris 0.11 to 0.18, mpay 0.18 -0.26) so wat can said is timing..get the right time to cut n right time to revenge on the same shares..

Posted by pussycats > 2017-04-13 14:10 | Report Abuse

genius ryan. But how to know, when is the right time. Nobody knows how stocks will behave → up or down? If people can predict about share price, then that person oredi bcome super Kaya lah.

Posted by sell > 2017-04-13 14:32 | Report Abuse

RI means L&G in deep trouble. Run. Bankrupt soon.

Posted by ryan7642 > 2017-04-13 15:24 | Report Abuse

Haha of cos hv to judge by our own lo there is no way we can predict..is depend how much lose u willing to cut if don't dare then don't blame when see ppl who bought athis the right tine..cos I been listen a lot from those old time ppl buy n keep don't see it but doesn't work at certain shares (unless u buy blue chip or strong potential share)..

Posted by Wk1983 > 2017-04-13 17:09 | Report Abuse

Are you sure the new NTA post-RI is so low at 0.24? Seem incorrect...

Posted by 吹又起 > 2017-04-13 19:28 | Report Abuse

lkoky before RI, NTA is 0.63; and share price was 0.4 with 40% discount
after RI, new NTA is 0.24, with 40% the new share price will be ~0.16~0.18

becareful guys
_________________________________________

你太坯了。

Posted by 吹又起 > 2017-04-13 19:37 | Report Abuse

Buy tambun.一年给三＠四次钱
Good counter, 现在又要给钱了。
7cents.
太棒了

Posted by prudentinvestor > 2017-04-14 18:09 | Report Abuse

Several weeks ago, the company had declared a special interim dividend of 2 sen per ordinary share in respect of financial year ending 31 March 2017. The company has yet to announce the entitlement and payment dates.