LAND & GENERAL BHD

KLSE (MYR): L&G (3174)

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Last Price

0.125

Today's Change

-0.005 (3.85%)

Day's Change

0.125 - 0.13

Trading Volume

943,800


32 people like this.

11,240 comment(s). Last comment by Faiza 4 days ago

Posted by khatulistiwa1234 > 2018-04-08 15:17 | Report Abuse

中国從清末这一百多年到邓小平改革开放以前,清政府官僚贪污腐败到了极处,当年的贸易战,鸦片战,八国连军,我中华是败得一無事处,还要割地赔款受尽西方列强的屈辱。

清朝㓕国后军阀割据,小小日本都可随意侵略我土,姦杀我华夏子民。
年年战乱,兵连禍结,荒野遍地,農民無田可耕,百姓无家可归。当家的不争气不廉洁,每天忙于争权夺利,使老百姓则吃尽苦头,受尽凌辱,妻离子散,饿死街头惨不忍睹,当官的爺们拿国家子民的俸禄于心何忍。

因此中国与世界中华子孫对中国及中国文化传统彻底喪失了自尊,丧失了信心。

改革开放以来新中国埋头苦干,忍气吞声30年不扛大旗,不说过头的话,不做过头的事,卧薪尝胆,忍辱负重,今天贸易战中国终于敢回应老美,中国一不会怕二不会躲,会將以牙还牙,太度之坚硬建国历史第一回!想必中国準備好应战心里,中国務必打赢一场又一场贸易战,货币战,金融战,才能为中华子民赢回自尊。

来一个【杀虎给狼看】震懾欧盟列国。打铁还需自身硬这是硬道理,不打【贪】民何以富,不整军国何以强。毛主让中国人站起来,江老让官僚贪起来肥起来,希望习大能让中国強起来硬起来,对内打贪唱廉,对外硬软兼備,施展我中华之政治智慧平定天下。几千年了,邓叔还在天看着我们呀!,我想是时候了!

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-04-12 11:29 | Report Abuse

You almost might as well top up now.

Unless you can see no other opportunities. My cost is 0.22. Pretty undervalued NTA wise, im ok with the buy.


$Vincent$ Don't hope so much, my cost 40 cents, lose more that 50%
02/04/2018 18:17

Posted by stockwizz > 2018-04-12 15:30 | Report Abuse

it looks like lg is badly beaten and trying very hard to climb back up ever since. the counter does has it potential but looking back at the scenario of Malaysia's property industry, I do not think the price is going anywhere but down. The price trend over the last 2 years can tell quite a lot about the counter and in my personal opinion, I do not think the price will surface before the end of the year.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-12 17:16 | Report Abuse

oh yea g ogoo ogo

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-12 17:24 | Report Abuse

~~~ go head

YouBuyIBuy

795 posts

Posted by YouBuyIBuy > 2018-04-18 16:55 | Report Abuse

muii already up, next is L&G !! ready

Posted by stockwizz > 2018-04-19 16:07 | Report Abuse

The property sector to remains weak during the first half of the year, according to Knight Frank Malaysia. I doubt that L&G is going anywhere in the next six months

Posted by khatulistiwa1234 > 2018-04-20 07:00 | Report Abuse

Property going to BOOM , research say , the demand getting wake up after the sentiment and growth of income in region .

Darkoda

50 posts

Posted by Darkoda > 2018-04-20 09:44 | Report Abuse

LAND & GENERAL: New lease of life
ALLIANCE INVESTMENT BANK BERHAD

http://www.bursamarketplace.com/index.php?ch=research&pg=research&ac=266479&bb=271556

Potential catalyst:

We expect an imminent turnaround, projecting its core earnings to grow exponentially at a CAGR of 226% over FY18-20F due to its small base. The redevelopment of its 36-acre Sri Damansara clubhouse land is set to fetch lucrative returns given its low land cost at RM2.40psf which is only a tiny fraction of its market price of >RM300psf. This RM1bn transit-oriented development with close proximity to MRT Line 2 could be launched by end-CY18.

Valuation:

Initiate with BUY and RM0.28 TP, based on a 65% discount to our fully-diluted RNAV. It is trading at an unjustifiably steep discount of 73% to its RNAV, giving a decent dividend yield of 4.5%. With a net cash position of RM230m representing ~35% of its market cap, L&G is set to unlock its deep land value via more launches.

Darkoda

50 posts

Posted by Darkoda > 2018-04-20 09:48 | Report Abuse

LAND & GENERAL: Looking forward to new launches
ALLIANCE INVESTMENT BANK BERHAD

http://www.bursamarketplace.com/index.php?ch=research&pg=research&ac=281052&bb=286392

More launches in the near term:

After an absence of more than a year since its last launch of Astoria phase 1, L&G is set to launch the second phase of Damansara Foresta called Damansara Seresta (RM480m GDV) and also its first township development in recent years with Sena Parc phase 1 (RM230m GDV) in Senawang where the former Tuanku Jaafar Golf and Country Club is located. A strong sales performance from both projects could help deliver impressive earnings growth given its small earnings base.

Maintain Buy:

We reiterate our BUY recommendation with a TP of RM0.28, based on a 65% discount to our RNAV. It is trading at an unjustifiably steep discount of 73% to its RNAV, thus giving a decent dividend yield of 4.5%. With a net cash position of RM218m (representing ~35% of its market cap), L&G is set to unlock its deep land value via more launches.

Darkoda

50 posts

Posted by Darkoda > 2018-04-20 09:50 | Report Abuse

Huge earnings on next quarter coming soon!

amet2017

3,150 posts

Posted by amet2017 > 2018-04-20 11:51 | Report Abuse

beli beli

ivan9511

3,854 posts

Posted by ivan9511 > 2018-04-20 11:52 | Report Abuse

Good uppp all the best

Posted by stockwizz > 2018-04-23 12:22 | Report Abuse

As property owners, majority of you should know that property developers can only carry out progressive claim. Property development usually takes an average between 18 and 24 mths to complete a project. The initial 6 to 12 mths progressive claim is nothing more than 35% of the total selling price of the property. How does one expects to see the a handsome profit reflected on the quarterly p&l report within a short period of time based on the fact above? Furthermore, property market is in a sludge. That will makes matter worst.

Bottomline, in my opinion, L&G share price will not see the light of day before the end of the year despite having healthy sales. Not only the price will not appreciates, but it will continue to falls due to poor market sentiment, no thanks to the US who is making everyone lifes a living hell by going against China on trade issue.

ivan9511

3,854 posts

Posted by ivan9511 > 2018-04-28 00:36 | Report Abuse

upppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppp

JS135

51 posts

Posted by JS135 > 2018-04-30 19:10 | Report Abuse

Exercised option... good option?

Dragon88

153 posts

Posted by Dragon88 > 2018-05-02 14:20 | Report Abuse

buy for dividend, any advise ?

POORDAD

249 posts

Posted by POORDAD > 2018-05-03 16:44 | Report Abuse

buy now and keep till sept dividend announcement. most likely will be 20sen again in sept before exdate :)

alant812

167 posts

Posted by alant812 > 2018-05-03 16:49 | Report Abuse

multiple proposals means what?execrsice new shares is it

Posted by Siew Jian Bin > 2018-05-03 19:55 | Report Abuse

I don't think L&G will pay high dividend this year. 2 sen last year considered as special dividend. Don't put high hope in it.

tomwah

1,599 posts

Posted by tomwah > 2018-05-04 13:52 | Report Abuse

waiting for a day 9.05

Posted by Bursa Christopher > 2018-05-06 21:01 | Report Abuse

lousy....

Posted by khatulistiwa1234 > 2018-05-12 06:30 | Report Abuse

NEW ERA < NEW HOPE < NEW FORCE < i confident the OUT EXPLORE .

Posted by khatulistiwa1234 > 2018-05-12 06:31 | Report Abuse

L&G STILL THE FIERCE .

$Vincent$

711 posts

Posted by $Vincent$ > 2018-05-14 10:32 | Report Abuse

why up?

Posted by Bursa Christopher > 2018-05-14 10:53 | Report Abuse

Tun Mahathir!

Darkoda

50 posts

Posted by Darkoda > 2018-05-14 14:01 | Report Abuse

Gonna up more tomorrow for sure!

Posted by khatulistiwa1234 > 2018-05-14 15:01 | Report Abuse

0.28 soon .

BF Chin

70 posts

Posted by BF Chin > 2018-05-14 18:35 | Report Abuse

Sini Semua tipu org punya comment....

Darkoda

50 posts

Posted by Darkoda > 2018-05-14 22:38 | Report Abuse

Hidden treasure. Just wait patiently. Price gonna rocket soon when QR out.

Posted by Bursa Christopher > 2018-05-20 23:15 | Report Abuse

GG

Posted by Bursa Christopher > 2018-05-22 00:26 | Report Abuse

鸡鸡!

tanhy123

124 posts

Posted by tanhy123 > 2018-05-26 14:01 | Report Abuse

Bought some at 0.18. Hope the sales of new launching are good, saw their advertisements on FB frequently.

Darkoda

50 posts

Posted by Darkoda > 2018-05-28 20:52 | Report Abuse

Saw a lot of their Astoria and Sena Parc advertisement on Facebook. Dropped by at their sales gallery in Senawang last weekend. Quite encouraging with 45% sales already despite such challenging economy. Maybe sales will increase next month once 6% GST no more. Gonna add more shares on Wednesday since it has dropped a bit.

Posted by Chua Kang Ai > 2018-05-30 15:17 | Report Abuse

hi all, this counter still buy in for average my lost , because previous i buy is 0.37,. Thanks for give suggestion.

calvintaneng

56,156 posts

Posted by calvintaneng > 2018-05-31 19:13 | Report Abuse

WAHAHA!!!

EXCELLENT RESULTS FOR L&G

P/E 5

DIVIDEND YIELD ALMOST 9%

SELLING AT HUGE DISCOUNT OF MORE THAN 80% TO NT

FANTASTIC!!!

tanhy123

124 posts

Posted by tanhy123 > 2018-05-31 19:22 | Report Abuse

1.5 cents dividend, long awaited!

calvintaneng

56,156 posts

Posted by calvintaneng > 2018-05-31 19:30 | Report Abuse

CORRECTION!!!

DIVIDEND IS FANTASTIC!!!

Others overstated. My apology.

AT 1.5 Sen Dividend (Final)

WITH CLOSING PRICE OF 17 SEN

THE YIELD IS MORE THAN 9%

HUHUHU!!!

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-05-31 19:43 | Report Abuse

Nice!

Darkoda

50 posts

Posted by Darkoda > 2018-05-31 19:48 | Report Abuse

Super undervalued based on NTA. And I got 8% dividend this time. So happy. Let's hope the 0% GST will help improve property market sentiment. Further sales profit from Astoria and Sena Parc will be included in the next quarter reports.

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2018-05-31 20:40 | Report Abuse

NA per share dropped so much. Profit almost equal to revenue?

freddiehero

16,715 posts

Posted by freddiehero > 2018-05-31 21:17 | Report Abuse

wow my favourite..

Darkoda

50 posts

Posted by Darkoda > 2018-05-31 23:28 | Report Abuse

Cash rich company with RM385 million and very little debt. D/E only 0.16. As long as can continue pay me dividends, I am glad to park my savings with L&G giving me 8% - 10% dividends than only 3% FD in the bank. One day when it's property market boom, this stock price will surely hit the roof.

Posted by janetchiam8 > 2018-06-01 07:52 | Report Abuse

RE : Jeffreyteck NA per share dropped so much. Profit almost equal to revenue?

NOTICED YOUR OBSERVATION ON ITS FULL YEAR PROFITS REPORT
HENCE WENT TO CHECK ON ITS P&L AC AS REPORTED YESTERDAY AND FOUND THAT ITS PROFITS HAD BEEN INFLATED BY 2 EXCEPTIONAL ITEMS TOTALLING RM78.2M.
(RE :- “ A9. Profit Before Taxation The following amounts have been included in arriving at profit before taxation:
Gain on disposal of fixed assets 34,811
Write back of provision for cost to complete 43,390 “ )

DOES IT MEAN THAT WITHOUT THESE 2 EXCEPTIONAL INCOMES L&G WOULD HAD ACTUALLY INCURRED A TRADING LOSS FOR THE YEAR? (DUE TO WEAK PROPERTY MARKET)

calvintaneng

56,156 posts

Posted by calvintaneng > 2018-06-01 11:45 | Report Abuse

Janet is correct.

At the moment L&G is an Asset Play.

3 ways to increase Value.

1. Build more affordable condos as market can still absorb condos of rm300,000 to Rm400,000 price range in good locations

2. Revalue all undervalue assets and book them as profits...This was done by fiamma, eg and seacera. Of course this will not add real value.

3. Dispose more Assets for Cash to unlock value. Example is the 3,000 acres land near Proton City.

Since L&G INSIDERS COST IS 21 SEN AND ABOVE PLUS YEARLY DIVIDEND OF 8% TO 9% L&G share price should have some support.

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2018-06-01 12:11 | Report Abuse

TQ Janet for taking the efforts to find out more. Despite quite an attractive dividends, if it actually incurred operating loss, will think whether to reenter. Good luck everyone.

Posted by khatulistiwa1234 > 2018-06-01 17:21 | Report Abuse

GOOD COUNTER TO CONSIDER , i bought while is 0.225 , now 0.18 , very cheap , awaiting the gain in years to come , i calculate about three years time , can triple current price , is my expectation .

Posted by bhullar_1972 > 2018-06-01 19:36 | Report Abuse

hmm...confused...why NAPS increase compared to last quarter if L&G is selling their assets?

TheContrarian

9,193 posts

Posted by TheContrarian > 2018-06-01 21:33 | Report Abuse

If you bought at 0.225 and the price goes down to 0.17 and then declared dividend of 0.015 and goes up to 0.18, you still LOSE MONEY!

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