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 .

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.

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.

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

Huge earnings on next quarter coming soon!

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

beli beli

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.

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

upppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppp

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

Exercised option... good option?

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

buy for dividend, any advise ?

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 :)

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.

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 .

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!

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 .

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

Sini Semua tipu org punya comment....

Posted by luckyman > 2018-05-14 21:38 | Report Abuse

http://land-general.com/assets/upload/LGH_-_171102_-_Initiation_-_ADBS.pdf

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！

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.

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.

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!!!

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

1.5 cents dividend, long awaited!

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!!!

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

Nice!

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.

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

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

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

wow my favourite..

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)

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.

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?

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!

Posted by CheyWee Lim > 2018-06-01 23:21 | Report Abuse

30/4 anouncement propoaed right issue?

Posted by OMR@obm_4558 > 2018-06-03 23:59 | Report Abuse

The Board of Directors of Land & General Berhad ("L&G") is pleased to announce the recommendation of a single-tier final dividend of 1.5 sen in respect of the financial year ended 31 March 2018.

The entitlement date and payment date will be announced at a later date.

The aforesaid final dividend is subject to the approval of the shareholders at the forthcoming 55th Annual General Meeting of L&G.

This announcement is dated 31 May 2018.

Posted by luckyman > 2018-06-04 21:05 | Report Abuse

http://cdn1.i3investor.com/my/files/st88k/3174_L&G/pt/ALLIANCE/3174_L&G_ALLIANCE_2018-06-01_BUY_0.24_Land%20&%20General%20Bhd%20-%20Bumper%20Dividends_-1723228206.pdf

Target price by AllianceDBS Research : 24 sen

Posted by tanhy123 > 2018-06-10 07:51 | Report Abuse

At current price, this translate into 7.9% dividend yield. I can see that the buy rate is high, probably some accumulating the stock. After election, there are signs that home buyers interest is picking up, based on observations at sales gallery.

Posted by Kris Wong > 2018-06-11 21:28 | Report Abuse

As per previous records, the final dividend of 1.5 sen, if approved, will be likely be paid by this October ie. in less than 5 months' time. On an annualised basis based on its current price of 19 sen, it means an effective dividend yield of around 19% !