Posted by MakingMoney > 2017-06-21 13:00 | Report Abuse

IF Khatulistiwa1234 is a female supermodel I will sure dump at .20.

Posted by MakingMoney > 2017-06-21 13:01 | Report Abuse

But I am not going to dump my L&G to see a naked man run. Too bad

Posted by GF888 > 2017-06-22 10:12 | Report Abuse

khatulistiwa1234 .. I support U....Hahahaha.

Posted by Sales > 2017-06-22 21:34 | Report Abuse

Angielim 9956, are you still in this forum? No comment from you. How is everything?

Posted by khatulistiwa1234 > 2017-06-23 08:40 | Report Abuse

ROME not build in one day , remember , month or years to come , compare the outcome , i can sincere speak here , big length different measurement , getting strong strength is its advantage .

Posted by khatulistiwa1234 > 2017-06-23 08:42 | Report Abuse

L&G is a right investment tool in bursa , you never feel worry putting in your hard coin , coz reliable and transparent , ensure your every single hard coin invest on it , gain with loyalty seal .

Posted by tiennhieu > 2017-06-24 13:29 | Report Abuse

will L&G really down trend to 0.20???

Posted by Sales > 2017-06-24 18:13 | Report Abuse

Buy L&G better than Bina Puri. Trade at your own risk.

Posted by luckyman > 2017-06-27 10:43 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=974327

With the completion of all the earlier proposed acquisitions, L&G is poised to register strong profit figures in the next few quarters, being generated by projects from those companies acquired. Hence, its share price will likely go up by end of this year.

Posted by prudentinvestor > 2017-06-27 15:40 | Report Abuse

If the projections turn out to be true, L&G shouldn't be trading at 21.5 sen. Investors are still suspicious of its profit forecasts.

Posted by ivankvs > 2017-06-27 19:49 | Report Abuse

/.

Posted by Eric Fong > 2017-06-27 22:05 | Report Abuse

Profit increase, but share quantity increase as well, might be same as before

Posted by invS > 2017-06-29 10:35 | Report Abuse

think the share price wont go up until the next quarter result.. provided is a good one..

Posted by Joey23 > 2017-06-29 15:18 | Report Abuse

ppl after raya need money.....

Posted by Jen Ern Tan > 2017-06-29 18:37 | Report Abuse

Anyone has received the return cheque for rejected right issue subscription?

Posted by luckyman > 2017-06-29 22:25 | Report Abuse

http://www.theedgemarkets.com/article/ringgit-easily-asias-strongest-currency

Posted by raymondsim > 2017-06-29 23:32 | Report Abuse

http://www.investopedia.com/articles/basics/07/grahamprinciples.asp
A good 3 strategies in all time.... read and it helps

Posted by tanhy123 > 2017-07-01 09:17 | Report Abuse

Klse up 7% for first half of year. L&G down 6.5% after ex dividend and right issue. Biggest concern about this company is the integrity of management and major shareholders

Posted by luckyman > 2017-07-01 15:33 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=973233

The major shareholder holds a 34% stake in the company after the recent right issue,

And the company had indeed registered very good profit every year from FY2012 (RM33 mil) to FY2016 (RM92 mil) before the property market slowed down as a whole. It had also reported RM53 mil net profit for FY2017.

It should not be difficult for the counter to move up to 35 sen when the property market sentiments improve,,,

Posted by raymondsim > 2017-07-02 12:52 | Report Abuse

If it is the case. Our actual lost is the lost in opportunity cost. Meaning the same amount of investment in other counter may have resulted in better return in the same amount of time.

Posted by raymondsim > 2017-07-02 12:52 | Report Abuse

Take a look on YOCB ...

Posted by tanhy123 > 2017-07-02 19:38 | Report Abuse

The actual loss is more if we consider the price drop after the announcement of right issue, which is from 37.5 to 31.5 cents.
Anyway, I still think that they may announce 2 cents of dividend end of July or Aug, based on the history.

Posted by cytew > 2017-07-03 07:36 | Report Abuse

Because of recent right issue, I only expect 1 sen dividend if there is any

Posted by Eric Fong > 2017-07-03 16:41 | Report Abuse

Maybe is 0.0125 cents

Posted by lkoky > 2017-07-03 17:05 | Report Abuse

hmm... the right issue was 8 for 5, right?

so before right issue, it give 0.02 dividend, 5 shares get 0.02*5=0.1
after right issue, shouldnt it be 0.1 /(8+5) = 0.00769

Posted by prudentinvestor > 2017-07-04 11:55 | Report Abuse

Now a 2 sen dividend means a lot to the company. Prior to the rights issue, it had 1.2 billion shares, now its has around 2.9 billion shares. A 2 sen dividend means it has to dig out 58 million from its coffers. L&G only made 32 million last financial year.

Posted by imlearning > 2017-07-05 00:08 | Report Abuse

aiyoi...when this counter will alive?

Posted by vincent_yap > 2017-07-05 00:13 | Report Abuse

never lol

Posted by Christopher Toh > 2017-07-05 23:40 | Report Abuse

Haiz.....when this counter will wake up? :(

Posted by Kris Wong > 2017-07-06 11:27 | Report Abuse

Action only maybe just before AGM date later !!!

Posted by l04012pg > 2017-07-06 20:17 | Report Abuse

when is AGM.thank you

Posted by tanhy123 > 2017-07-07 21:45 | Report Abuse

It will only move after major shareholders collected enough at 21.5 cents

Posted by tanhy123 > 2017-07-07 21:46 | Report Abuse

Of course they are using proxy

Posted by limch > 2017-07-08 19:19 | Report Abuse

Loss QR market cap RM 630 million cheap? No cheaper market cap(not share price) property stocks can buy?
http://klse.i3investor.com/servlets/stk/fin/3174.jsp

Posted by luckyman > 2017-07-09 17:39 | Report Abuse

http://klse.i3investor.com/m/blog/www.eaglevisioninvest.com/127412.jsp

Posted by darrenliew > 2017-07-09 22:20 | Report Abuse

B11. Dividend Proposed
No final dividend has been proposed for the financial year ended 31 March 2017.
(per official announcement together with its 4Q results)

Posted by calvintaneng > 2017-07-09 22:23 | Report Abuse

Every year L&G also got dividend pay out

See

21-Apr-2017 22-May-2017 DIVIDEND Special Dividend RM 0.02 Dividend Detail
31-Mar-2017 12-Apr-2017 RIGHTS_ISSUE Rights Issue 8 : 5 Dividend Detail
28-Jul-2016 28-Sep-2016 DIVIDEND Final Dividend RM 0.02 Dividend Detail
17-Aug-2015 23-Sep-2015 DIVIDEND Final Dividend RM 0.0200 Dividend Detail
27-Aug-2014 23-Sep-2014 DIVIDEND Final Dividend RM 0.02 Dividend Detail
15-Aug-2013 27-Aug-2013 RIGHTS_ISSUE Rights Issue 1 : 1 Dividend Detail

Posted by cheated > 2017-07-10 03:05 | Report Abuse

RI 20 sen to pay dividend not a cheat?
31-Mar-2017 12-Apr-2017 RIGHTS_ISSUE Rights Issue 8 : 5 Dividend Detail

Posted by darrenliew > 2017-07-10 08:18 | Report Abuse

MY EARLIER POSTING ON 9/7/17 NOT FOUND IN THIS FORUM. HENCE BEING RE-POSTED HERE TO GET MORE FEEDBACKS FROM READERS.
(NEED TO BE MORE CAUTIOUS NOW BCOS WE HAD SOME BAD EXPERIENCES WITH SOME PAST COUNTERS PROMOTED BY CALVIN. LOST MONIES IN PM CORP, MUI, MPCORP, MULPHA. MAYBE WE WERE UNLUCKY THEN BUT NOW WE WANT TO ANALYSE MORE):=

Misleading financials used to promote share.
Its 2 sen annual dividend was touted as one of the highest dividend yield (DY) of 9%. But the drastic Earnings Dilution of its recent Rights Issue of 8 for 5 was conveniently not addressed. Its capital base increased by a huge 1.799B shares . Hence its past years’ 2 sen dividend is NOT sustainable (especially when it suffered a Loss for its 4Q and its full year profits was down by 41.2% YoY. Next Year’s dividend may drop to 1.0 sen and its Dividend Yield will then decrease to only 4.7% ( sharply lower than touted). The much reduced DY IS LIKELY AND MORE REALISTIC BECOS TO PAY THE SAME 2 SEN ON A MUCH LARGER NUMBER OF SHARES WILL REQUIRE MUCH MORE SUBSTANTIAL CASH PAYOUTS. (CAPITAL BASE IS NOW MORE THAN DOUBLED TO 2.98B SHARES). Bear in mind that the Co. ALSO have other financial commitments (especially heavy Capex or Capital Expenditures)
B11. Dividend Proposed
No final dividend has been proposed for the financial year ended 31 March 2017.
(per official announcement together with its 4Q results)

Posted by darrenliew > 2017-07-10 08:23 | Report Abuse

WHILE ITS TRUE THAT ITS RIGHTS ISSUE DID RAISED RM377M THIS CASH HAD ALREADY BEEN USED TO PAY FOR THE NEW LANDS PURCHASED. AND THEY NEED TO CONSERVE THEIR CASH FOR HIGH CAPEX FOR PREPARING THESE LANDS FOR FUTURE DEVT.
REQUIRES LONG GESTATION PERIODS OF SOME YEARS BEFORE THEY CAN BE DEVELOPED (EG. APPLCATION FOR LAND USE CONVERSIONS TO HOUSING, NECESSARY INFRASTRUCTURES FOR ACCESSIBILITY. NOTED THAT THERE IS AN ABANDONED HOUSING PROJECT IN THESE ACQUIRED ESTATES. IN MANY SUCH CASES SERIOUS LEGAL PROBLEMS ARE ENCOUNTERED TO RESOLVE SETTLEMENTS WITH THE PURCHASERS, CONTRACTORS AND CREDITORS OF THE ABANDONED HOUSING PROJECT. USUALLY TAKES MANY YEARS TO SETTLE THE LEGAL PROBLEMS. WE CAN ACTUALLY SEE MANY HOUSING PROJECTS ABANDONED MANY YEARS AGO AND REMAINED ABANDONED TODAY. ONE NOTABLE CASE CAN BE SEEN NEAR THE SG BULOH MRT STATION .
THE OTHER NEGATIVE IS THE CURRENT WEAK HOUSING PROPERTY MARKETS IN THE COUNTRY. EVEN GOOD PROJECTS IN PRIME LOCATIONS IN THE KLANG VALLEY AND EVEN ISKANDER JOHORE ARE FACING SLOW AND POOR SALES. WE NEED TO BE CAUTIOUS BCOS KERLING AND SERENDAH ARE NOT PRIME LOCATIONS BUT CONSIDERED SECONDARY, DISTANT AND REMOTE. AND THE LOCAL POPULATIONS ARE TOO SMALL TO ABSORB ANY LARGE HOUSING PROJECTS THERE. NON –LOCALS WILL ALSO BE NOT INTERESTED TO INVEST IN SUCH DISTANT LOCATIONS (MOST PEOPLE HAVE NOT HEARD OF KERLING NOR KNOW WHERE IS THIS PLACE).
BASED ON THE ABOVE I WILL STILL HOLD ON TO MY VIEW THAT THE 2 SEN DIVIDEND IS NO LONGER SUSTAINABLE FOR AT LEAST THE NEXT FEW YEARS. WILL HAVE TO ACCEPT 1 SEN FUTURE DIVIDENDS WHICH YIELDS 4.7% (AND NOT THE HIGH 9% AS TOUTED BY CALVIN)

Posted by darrenliew > 2017-07-10 08:37 | Report Abuse

Some readers are still wondering if there is any Final D coming.
Confirmed : NO

B11. Dividend Proposed
No final dividend has been proposed for the financial year ended 31 March 2017.
(per official announcement together with its 4Q results)

Posted by Kris Wong > 2017-07-10 08:44 | Report Abuse

Partially agreed with u darrenliew but noted also even at 1 sen dividend, yield at 4.7% pa is still very acceptable given its present decent low price of RM0.215 as compared with the rights issue price of RM0.21 which was also its 1-year low and NTA of RM0.58 !!!

Posted by calvintaneng > 2017-07-10 08:45 | Report Abuse

GOOD MORNING TO ALL FELLOW LUCKY SHARE HOLDERS OF L&G (LAND & GOLD)

YOU ARE NOW AT THE RIGHT PLACE AT THE RIGHT TIME!

These Are The Salient Factors for L&G

1) At 21.5 sen L&G share price has dropped from by 2/3 from a high of 65 to 21.5 sen now. Since L&G is a Cyclical Stock like Prestar. Insas, Masteel & Jaks it can also rebound again to 65 sen. If rebound to 65 sen?

All will make 200% profit just like following Calvin to buy Jaks when Jaks was only 40 sen

2) HUGE MARGIN OF SAFETY

At 21.5 sen with NTA of 59 sen L&G is selling at a Whopping Discount of 63%. A huge margin of safety. This is more than the 30% bench mark mentioned by Sifu Ben Graham

3) L&G Landbanks (Especially 2,494 acres in KERLING) have not been revalued yet. So if revalued it should show even BIGGER DISCOUNT from Price to Book Ratio

To be continued....

Posted by calvintaneng > 2017-07-10 08:56 | Report Abuse

4) THE RECENT RI WAS DUE TO COUNTRY GARDEN FACING CAPITAL CONTROL FROM CHINA.

So Country Garden is selling out its Share of Daimond City (Semenyih) to L&G for a very good bargain.

L&G has the opportune moment to buy these almost completed houses at bargain prices (Many units are already sold & awaiting progress payments from Banks)

Raising Cash by Rights Issues are good for these reasons:

a) Company can avoid paying high interest (this was how Masteel raised its capital). Gearing remains low.

b) Opportunity to buy up Daimond City, Serendah lands & other prime prime lands on offer

c) L&G stands for "LAND" & general
Company is just buying more "LANDS" and build, then sell as its normal function. So it is keeping to its knitting. This is good.

d) Above all Mayland the Major Shareholders also pumped in more monies to take up their allotted portion of the Rights. This is a good sign as Bosses invest side by side with shareholders (Unlike Anzo & Jetson Insiders who sold their shares to con shareholders)

e) As its CASH HOARD IS INTACT PLUS INCOME STREAMS FROM DIAMOND CITY AND ALSO POSSIBLE UNLOCKING OF LAND VALUE IN SERENDAH (167 ACRES) & KERLING (2,494 ACRES) more and even higher dividends could be expected

Posted by BornToSpeculate > 2017-07-10 08:59 | Report Abuse

Those commenting here obviously don't know much about L

Posted by calvintaneng > 2017-07-10 09:37 | Report Abuse

Posted by value_invest > Jul 10, 2017 09:24 AM | Report Abuse

Fundamentally, L&G is a very good buy at this price.. After the RI, CASH per share is almost RM0.20, ...With alomost zero gearing. The RI cash is used to purchase lands, which are all located in klang valley and are all ready for development. Another reason of the R is that MAYLAND is trying to increase her shareholding to cross the 33% holding to avoid GO...After that, i believe Mayland will be slowly accumulating at this low price without the need to call GO... That is the tactic used by Mayland when L&G called RI years ago,,, I saw many investors making lot money following the RI few years back,,, This is the time again,,, I have been following this for years.. Down side is limited,, upside is huge...


VERY GOOD!

Did you guys read
{" After the RI, CASH per share is almost RM0.20,"}

Buying L&G at these bombed out prices with ALMOST 20 SEN CASH?

ALL THE OTHER ASSETS, NAME & BIOLOGICAL ASSETS & EDUCATION BUSINESS ALL FREE! FREE!! FREE!!!

HOW COULD CALVIN TAN RESEARCH MISS!

Posted by khatulistiwa1234 > 2017-07-10 09:50 | Report Abuse

EARTH LAST PIECES VALUE CHEAP CHIPS IN BURSA , HURRY HAVE < BOAT IS GETTING CROWDED SOON .

Posted by khatulistiwa1234 > 2017-07-10 09:52 | Report Abuse

HEAVEN CHIPS .

Posted by khatulistiwa1234 > 2017-07-10 09:53 | Report Abuse

PROOF EVIDENCE IS ALL PRIME LOCATION , WORTH TRILLION .

Posted by khatulistiwa1234 > 2017-07-10 09:59 | Report Abuse

Darrenliew view is important , being a strong evidence , L&G is STRONG BLUE CHIPS , coz darrenliew is not a simple hard nut in bursa , his comment mean here is golden triangle , can invest too , buy on TRUST and sharp view .THK