1) Like Mahsing, Ecoworld & SP Setia which build and sell properties L&G also do the same.
So they kept up buying lands, build and then sell.
2) Since much of the lands have been developed & sold it is only logical that L&G buy even more lands at strategic places for further expansion
3) And the opportunity presented itself when China imposed Capital control & Country Garden's Forest City sales dropped.
So Country Garden is willing to let go DIAMOND CITY to concentrate on Forest City.
This is a crisis for Country Garden but an opportunity for L&G
4) As it involves Huge Capital outlay taking over the entire Township of Diamond City, Semenyih & another Township in Serendah L&G could use its CASH HOARD PLUS BORROWINGS FROM THE BANKS.
However, this will incur borrowings & increase the gearing of L&G.
So L&G chose the way of Rights Issue. This will bypass borrowings. Keep its CASH HOARD intact for the yearly 2 sen dividends
5) RIGHTS ISSUE has been used wisely by Masteel before. So among steel companies Masteel has a lower gearing. And see Calvin called for a buy on Masteel at 66 sen even though Masteel called for RI
In just weeks Masteel gave Calvin more than 60% profit as price surged past Rm1.10
6) DIAMOND CITY IS ALMOST MORE THAN 80% COMPLETED. Sales of early phases already bringing in lots of CASH for L&G This is a goldmine & a jackpot for all L&G shareholders
7) Another Gold Mine is the 167 Acres Abandoned Township in Semenyih. With all the infrar done L&G iseady to build soon. The cash outlay here is only 81 sen per sq ft. Where to find in Malaysia?
This 81 sen is far cheaper than Mahsing buying over the abandoned Township of Bandar Bistari Perdana at Rm7.00 psf. Now renamed to Bandar Meridin East.
8) 2 POWERFUL CATALYSTS FOR L&G WILL MAKE 2 BONANZA
i) SG BULOH - KAJANG NEW MRT WILL PROPEL KAJANG & SEMENYIH LAND VALUE UPWARD - THUS BRINGING TIMELY WINDFALL TO DIAMOND CITY
ii) GEELY GOING BIG TIME INTO TG MALIM WILL LIFT UP THE VALUE OF SERENDAH LANDS (NORTH OF RAWANG)
Calvin, probably a couple of hundred people will read your articles on this forum. However, if you get someone to translate your articles into Chinese and have them published in the Sin Chew, perhaps ten of thousands of people will read them and there might be a stampede to buy L&G shares. Most people who write on this forum, and I believe they hold L&G shares, will benefit tremendously. hahaha
prudentinvestor Calvin, probably a couple of hundred people will read your articles on this forum. However, if you get someone to translate your articles into Chinese and have them published in the Sin Chew, perhaps ten of thousands of people will read them and there might be a stampede to buy L&G shares. Most people who write on this forum, and I believe they hold L&G shares, will benefit tremendously. hahaha 23/07/2017 15:34
Yes,
Last time Calvin posted on DRB as a value buy at 92 sen here in i3 forum. Hope fellow i3 forumers bought first.
Later CIMB research came out and gave T/P for DRB at Rm1.69 (that price has been surpassed). Later Hong Leong & other Research houses & I think the Chinese vernacular papers also wrote about DRB prospects & DRB doubled in price to Rm1.86
So now is the time for fellow i3 members to buy cheap BEFORE those Chinese vernacular highlight L&G later
YES , Tyrannie , i sleep your wife before , so i confirm you , last time is stranger , now not more , is getting familiar already , you next get divorce soon , she satisfy my BED JOB .haha .
no lah he's still a datuk not yet tan sri,dato seri or tun yet unless L&G hit 40cts,his fav dutaland is 60cts,kwantas 2.00,harnlen 1.00,mui 30cts,mhc above 1.00, mpcorp 0.25cts,bjcorp 50cts......hahahaha
Dr. Neoh Soon Kean is a well-known academician and investment guru and adviser during the 1970s and 1980s. There were very few investors who possessed that kind of investment knowledge then.
Actually I don’t know if Dr. Neoh has made a lot of money in the stock market or not because he has remained in low profile. But knowing his investment knowledge and strategies plus the low hanging fruits all around the share market at that time, I have no doubt he had made a lot of money too, although he never goes around boasting about it.
The first investment book I bought and read was the “Stock Market Investment in Malaysia and Singapore” written by none other than Dr. Neoh Soon Kean. That was when I just started to invest in the stock market after just a few years of working.
Frankly I caught no balls from his book then as a young engineer, I paid more attention to playing mahjong and pub hopping and never spend time trying to learn the fundamental aspect of investing. That was the time there were a lot of low hanging fruits then, especially after the October 21 1987 plunge of the stock markets all around the world.
What a pity. Otherwise, I would have been like what Warren Buffett has said,
“I had no doubt that I would be rich”
But never mind, it was better late than never. I am still okay.
I AM TOO SERIOUS < YOU CARE ME FOR THE PAST < I TAKE CARE YOU THIS ROUND UP , don't forgot our dating at TROPICANA , after the MAKING , i want another L&G is THERE .
Dexter, Geely Boyue has arrived in M'sia. Preparation is now in earnest. Matter of time all media will turn their focus on Tg Malim just like they did with JackMa Ecommerce(now over) and then Bandar Malaysia (still ongoing)
By the time everyone is going GaGa over Tg Malim it will be too late to get any cheap L&G shares like now.
Fair price for L&G is 0.50 is far good enough...from the FUNDAMENTAL PERSPECTIVES ON this counter....net assets per share 0.5826,earning per share 0.293,PE Ration is 12.58 (below 15.00)....no need to share more...
At current property market & recent lousy corporate exercise conducted by management, market had given valuation with more than 50% discount to its NTA per share, it is very normal to all property companies now.
TIME will tell , i challenge you , since all my relative member , internal and external all already bulk in , i never surrender , play until the FINAL .
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....
calvintaneng
56,685 posts
Posted by calvintaneng > 2017-07-23 12:30 | Report Abuse
UNDERSTANDING THE PROBLEM DISSOLVES THE PROBLEM
These are the reasons why L&G offered RI
1) Like Mahsing, Ecoworld & SP Setia which build and sell properties L&G also do the same.
So they kept up buying lands, build and then sell.
2) Since much of the lands have been developed & sold it is only logical that L&G buy even more lands at strategic places for further expansion
3) And the opportunity presented itself when China imposed Capital control & Country Garden's Forest City sales dropped.
So Country Garden is willing to let go DIAMOND CITY to concentrate on Forest City.
This is a crisis for Country Garden but an opportunity for L&G
4) As it involves Huge Capital outlay taking over the entire Township of Diamond City, Semenyih & another Township in Serendah L&G could use its CASH HOARD PLUS BORROWINGS FROM THE BANKS.
However, this will incur borrowings & increase the gearing of L&G.
So L&G chose the way of Rights Issue. This will bypass borrowings. Keep its CASH HOARD intact for the yearly 2 sen dividends
5) RIGHTS ISSUE has been used wisely by Masteel before. So among steel companies Masteel has a lower gearing. And see Calvin called for a buy on Masteel at 66 sen even though Masteel called for RI
In just weeks Masteel gave Calvin more than 60% profit as price surged past Rm1.10
6) DIAMOND CITY IS ALMOST MORE THAN 80% COMPLETED. Sales of early phases already bringing in lots of CASH for L&G
This is a goldmine & a jackpot for all L&G shareholders
See
https://www.youtube.com/watch?v=ONZ7vaKXl3Q
7) Another Gold Mine is the 167 Acres Abandoned Township in Semenyih. With all the infrar done L&G iseady to build soon. The cash outlay here is only 81 sen per sq ft. Where to find in Malaysia?
This 81 sen is far cheaper than Mahsing buying over the abandoned Township of Bandar Bistari Perdana at Rm7.00 psf. Now renamed to Bandar Meridin East.
8) 2 POWERFUL CATALYSTS FOR L&G WILL MAKE 2 BONANZA
i) SG BULOH - KAJANG NEW MRT WILL PROPEL KAJANG & SEMENYIH LAND VALUE UPWARD - THUS BRINGING TIMELY WINDFALL TO DIAMOND CITY
ii) GEELY GOING BIG TIME INTO TG MALIM WILL LIFT UP THE VALUE OF SERENDAH LANDS (NORTH OF RAWANG)