Posted by Karthik Shanmugam > 2012-11-08 10:42 | Report Abuse

Hi siow, is moving but not in the direction we want... Any good news to spice up this counter..

Posted by kilrathi > 2012-12-04 10:19 | Report Abuse

report good, but price drop till 39.5 ... any views ?

Posted by lmf_hau > 2012-12-04 12:49 | Report Abuse

2Q13 Revenue 50m , Profit 2.2m
1Q13 Revenue 48m , Profit 7.7m
4Q12 Revenue 77m , Profit 24.5m
3Q12 Revenue 24m , Profit 6.6m
2Q12 Revenue 16m , Profit 1.0m
1Q12 Revenue 11m , Loss (1.7m)

Overall to said, this company Sales improve , but profit drop.

PnL , is to compare immediate preceeding 2Q13 vs 1Q13 , not to compare QoQ or YoY basis as its meaningless.

I no time to read the PnL in details , only to guess the high costing maybe due to land scapling n piling cost of its current on going project.

Hopes the next 3Q13 results may hv supprise , as I know that , it Foresta Condo Project was fully sold x 4 blocks & 2 blocks are launching soon which is RM 650/sqf.

Posted by Matsaham Mashuk > 2012-12-13 18:29 | Report Abuse

Hmm..still downtrend.possible for uptrend(window dressing)..smile--)

Posted by tonylim > 2012-12-15 22:22 | Report Abuse

.

Posted by passerby > 2012-12-15 23:03 | Report Abuse

tonylim: i thought you wanna post a long write up on L&G ? only 1 full stop ? :)

Posted by passerby > 2012-12-15 23:44 | Report Abuse

Posted by tonylim > Dec 15, 2012 11:39 PM | Report Abuse

I read from Ooi teik bee thread that they have RM142mil in cash?
Yes this amount came from the land sold to TA global plus a few other smaller pieces in BSD.

Not much land left.

friend said dont buy (from a novice mouth) No prospects.

Other info are already in this thread and the thread by Ooi teik bee.

Tan Sri Chiu is from Mayland group

Posted by passerby > 2012-12-15 23:44 | Report Abuse

Posted by tonylim > Dec 15, 2012 11:33 PM | Report Abuse

Passerby, my conclusion after reading this thread, same like what Kcloh posted here

Posted by KC Loh > Aug 16, 2012 11:24 AM | Report Abuse

until they increase their landbank, this stock is going nowhere!

strong foundation, but waiting for direction from Honkies!

Posted by passerby > 2012-12-15 23:44 | Report Abuse

lol, i learned a lot today from kcloh, not going to let some useful infos being wasted

Posted by passerby > 2012-12-15 23:51 | Report Abuse

Mayland group wor - guys you need to find out more on Mayland group :)

hear say from industry peoples will do....

Posted by tonylim > 2012-12-15 23:54 | Report Abuse

At least I post in simple english, no morse code or ascii text

Posted by kahfiehlai > 2012-12-28 16:51 | Report Abuse

this stock is looking odd now

Posted by minitrader > 2012-12-28 18:24 | Report Abuse

today +2.5 sen was year-end goreng...

Posted by KAHFIEHLAI > 2012-12-28 18:31 | Report Abuse

Goreng???? Why no other better trading counters instead?

Posted by Matsaham Mashuk > 2013-01-15 18:05 | Report Abuse

cool--)resistance 0.42 broken.price will move higher.uptrend mode..smile--)

Posted by tonylim > 2013-01-26 22:33 | Report Abuse

Betul. Ada kaitan mayland grp.

Posted by sephiroth > 2013-02-05 11:30 | Report Abuse

0.375, attractive enough??

Posted by KAHFIEHLAI > 2013-02-15 16:21 | Report Abuse

betu;...goreng now...amything new?

Posted by FatCat > 2013-02-16 14:38 | Report Abuse

Next week most properly will drop back 0.375

Posted by lmf_hau > 2013-02-18 12:59 | Report Abuse

Please refer to this fantastic Analysist.
TQVM of his effort to prepare all this data n commentary.

Bravo Job on 22.10.2012.

http://klsecompany.blogspot.com/2012/10/l.html

Posted by skyland > 2013-02-18 13:04 | Report Abuse

so...what is thr conclusion???

Posted by lmf_hau > 2013-02-18 13:18 | Report Abuse

Skyland,
Pls do some hardworks and spend time to finish reading , digest the contents of the Analys.

Do u final study and make conclusion yourself to buy or not.
U $ , U decide.
No 1 r responsible for u $ n wealth.

Dont always jump to the end to ask for answer without harworkship.

Posted by skyland > 2013-02-18 13:20 | Report Abuse

okok sifu

Posted by kllady_fidah > 2013-02-18 13:37 | Report Abuse

http://klsecompany.blogspot.com/2012/10/l.html ...is there alternate in english?

Posted by lmf_hau > 2013-02-18 13:44 | Report Abuse

no ,,, pls google translate .... uself ..

Posted by skyland > 2013-02-19 20:03 | Report Abuse

Q3 result release with eps 2.4

Posted by sephiroth > 2013-02-20 09:51 | Report Abuse

Good net profit of RM14m but share price stagnant

Posted by sephiroth > 2013-02-20 09:54 | Report Abuse

But the profit is due to write back of provision for redemption of land (i.e. provision for foreseeable loss of charged land) totaling
RM12.3 million.

Posted by tonylim > 2013-02-20 10:02 | Report Abuse

Strange got such item in the books

Posted by tonylim > 2013-02-20 10:03 | Report Abuse

No more land in BSD left

Posted by lmf_hau > 2013-02-20 10:11 | Report Abuse

What means BSD ?

Posted by tonylim > 2013-02-20 10:15 | Report Abuse

Bdr sri damansara

Posted by Ooi Teik Bee > 2013-02-21 20:39 | Report Abuse

Dear valueinvestor,

The 12 million is written off in Q2, it is added back in Q3. Hence the actual profit is not affected. This is just accounting which I am not the expert.

I hope I am not wrong.

Wait patience for Durian to drop in 6 to 9 months.

Thank you.

Ooi

Posted by chimera > 2013-03-01 09:41 | Report Abuse

Can i join your forum Mr Ooi? Hv been following your comments for some time now.

Posted by jtpc2006 > 2013-03-04 11:53 | Report Abuse

Mr OTB, started to buy in now, current price very favourable.

Posted by ccdev > 2013-03-07 15:59 | Report Abuse

where/how can i join mr ooi's forum?

Posted by 66300 > 2013-03-07 16:12 | Report Abuse

Mr Ooi has a forum?

Posted by ccdev > 2013-03-07 17:54 | Report Abuse

well, chimera said so. and Ooi i think don't want to talk stock here anymore after some people critic him.

Posted by 66300 > 2013-03-07 22:16 | Report Abuse

Cant blame OTB. Seems like there are a few mocking birds here. Sad...

Posted by iQBE189 > 2013-03-12 09:48 | Report Abuse

Start engine already:)

Posted by avucin > 2013-03-25 10:42 | Report Abuse

i bet OTB has sold all, like he did when he sold khsb at 66 cents as he mentioned before, not his fault, he said, adding that he's a chartist that maximizes his return. well to maximize now u need to sell l&g, kahkahkah

Posted by lmf_hau > 2013-04-09 16:57 | Report Abuse

Nan Yang Press

冷眼42心水股系列11：置地通用重振雄风
分享锦集财经评论 2013-04-09 12:04

要谈置地通用（L&G，3174，主板产业股），有几点值得注意：

1.财力

置地通用在去年杪时，手持现金约1亿6000万令吉，在扣除约7600万令吉债务后，手头握有净现金8400万令吉，或是每股14仙。

该公司是低价股中，少数握有颇巨现金的公司之一。

2.荒山变宝地

成功将一座荒山变成宝地，使该公司藉以重新站起来。

置地通用在90年代中期，曾是股市中叱咤风云的猛股，1998年的东南亚货币风暴，因负债逾10亿令吉，产业滞销，无法摊还而兵败如山倒。

当时，在银行的“收网”行动下，可以发展的地皮都被卖光了，只剩下“劣地”，无人问津，其中之一就是位于斯里白沙罗（Sri Damansara）的一座300尺高的荒山。

这座坐落在斯里白沙罗心脏区的荒山，占地42英亩，一向被认为是无法发展的“劣地”。

不料，现有领导层在接管该公司之后，竟有办法化腐朽为神奇，将这座荒山变成了一个聚宝盆。

置地通用获得政府批准，将42英亩中的21英亩转移为屋地，以兴建3000间共管式公寓，其余21英亩保留为园林，成为斯里白沙罗的绿洲。

由于公寓是建在300尺高的山上，居高临下，傲视环绕着它的万间屋宇，气势非凡，故在去年推出后，极为抢手。

林园赚幅或40%

这项叫林园（FORESTA）的计划，将在8至10年中分4期，兴建价值超过20亿令吉，共3000间的共管式公寓。

首期建4座高楼，共928个单位，销售价值近7亿令吉，去年推出后极抢手，首3座已被抢购一空，第4座在热卖中，据悉已卖出75%，销售额已约达5亿令吉。

由于土地成本每平方尺仅15令吉，比该区地皮每平方尺100至130令吉的市价低很多，故利润率或高达40%（根据拉昔胡申证券的研究报告），此计划将为该公司赚取丰厚的盈利，使该公司重振昔日雄风。

首期工程正在施工中，预料由今年起，利润将指工程之进度入账，故由现在起，该公司的业绩料将扭转过去数年的颓势，有更佳的表现。

3.地库

置地通用现有地库，包括在霹州KERLING的2500英亩油棕及胶园，在斯里白沙罗的29.7英亩发展地和35.8英亩商用土地。

另外，该公司在芙蓉的230英亩发展地，均以极低的价值入账，若以市价重估，每股净有形资产必然激增。

拉昔胡申证券在2011年6月30日发表的一份研究报告，估计每股净有形资产价值为1.19令吉。

4.强大后盾

置地通用最大股东为马来西亚置地（Mayland），仅持有该公司17.29%股权，马置地为香港上市公司远东机构的成员之一，由丹斯里邱达昌（邱德振的儿子）所控制。

邱达昌在马来西亚的业务，包括通用置地，是由千金邱咏筠负责，瘦田无人耕，耕开人有争。

如果置地通用业绩有良好表现，而股价仍徘徊在目前40仙的水平的话，股市秃鹰打该公司的主意窥伺其控制权，一点也不奇怪。

Posted by max8 > 2013-04-09 16:59 | Report Abuse

another Gold Eye Theme stock~~ huh

Posted by max8 > 2013-04-09 17:00 | Report Abuse

Cold Eye~~

Posted by iafx > 2013-04-09 21:57 | Report Abuse

wonder coldeye knew this in advance?

Land & General Bhd has proposed renounceable rights issue of RM77,779,589 nominal value of five-year, 1%, irredeemable convertible unsecured loan stocks (ICULS) at 100% of the nominal value of RM0.13 each on the basis of RM0.13 nominal value of the ICULS for every one existing ordinary share of RM0.20 each in L&G held.

In addition, it also proposed the acquisition of one (1) block of 13-storey stratified office floors in Putrajaya, for RM72.485 million.

The proposals are expected to be completed by the second quarter of 2014. The proceeds from the cash calls will be used mainly for the property purchase.

The board of Land & General expects the proposals to contribute positively to the future earnings of the group.

The proposed acquisition will provide the opportunity to the group to expand its property asset base and geographical reach, it said

Posted by max8 > 2013-04-09 22:31 | Report Abuse

Dun know. More wonder what the coming stocks he will pinpoint.

Posted by iafx > 2013-04-10 08:30 | Report Abuse

thestar:

Land & General Bhd (L&G) has proposed a cash call worth RM77.78mil to fund its acquisition of a 13-storey office tower in Putrajaya for RM72.49mil cash from a subsidiary of Malaysia Land Properties Sdn Bhd.

In an announcement, the company told Bursa that the multiple proposals included a rights issue of RM77.78mil nominal value of five-year, 1%, irredeemable convertible unsecured loan stocks (Iculs) at 100% of the nominal value of 13 sen each on the basis of 13 sen for every existing share of 20 sen each in L&G.

The conversion price of the Iculs is 26 sen for one new L&G share, it added.

It expected the proposals to be completed by the second quarter of 2014.

The company also expected the acquisition to contribute positively to its future earnings.

Posted by iafx > 2013-04-10 09:04 | Report Abuse

mayland banyak untung kali ini... :D

Posted by millionaire > 2013-04-10 09:41 | Report Abuse

cold eye will bring those who listen to him to Holland...smile :-)

Posted by iafx > 2013-04-10 09:49 | Report Abuse

indeed the timing is too "co-incident"... this deal obviously benefit mayland the most, whoever bought yesterday for what he wrote, buta lah!!! now only hope mayland & gengs will come in to support the price, if not may go down to exercise price range