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.
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.
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% !
You must be an idiot, div out d price wont drop ah?
You think money fall from sky like magic?
====================================================================== Posted by Kris Wong > Jun 11, 2018 09:28 PM | 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% !
Jon Choivo, r u sure u really that smart that u able to predict sure price will adjust n drop 5 months time in October ? It can be higher or lower than 19 sen in October ! Yes price will adjust if dividend is to be paid within a short time from now but in 5 months time only fool can says whether the price will drop definitely from 19 sen now unless u r god !!!
The upcoming dividend 1.5 sen translates into a whopping dividend yield of 8.1%. Its strong balance sheet with RM201m net cash (7 sen/share) will allow the company to continue to reward its shareholders consecutive many more year.
Newly - completed landbank acquisition offers a strong launch pipeline to drive future earnings growth Strong balance sheet with net cash position to weather property market downturn Largest land owner i n prime Bandar Sri Damansara with immediate development potential to unlock deep land value Initiate with BUY and RM0. 28 TP
Trading in L&G shares has picked up since last Thursday in anticipation of a 1.5 sen a share dividend to be announced by the end of the month. At 19 sen a share, L&G is trading at a 50% discount to its published NTA and at a dividend yield of almost 8%. Not much risk in buying at 19 sen a share.
Master mind control the game , it like want to exploit , but delay even delay , possible LIMIT UP in short ward , the block is light , one short get you all shoik shoik , 0.28 on broad .
This counter got one famous steering man , his around , all time let people salute to him , he once monitor , wind cloud recovery , he is a famous well know tycoon , MR LIM PEI TIAM .
i am wonder , MR LIM possible finding the good positioning to shoot , one shooting heading RED HEART strategy , he is practice it , LIMIT UP is the focus .
Let the bullet free fly first , he last with SOLID PILE , TAKE AWAY ALL SHOW , one bullet equal thousand bullet , three course , roof top break , limit up at 0.28 entrant door , this is he possible done , MOVIES .
I admire the POISON TICKET awarded show , his lady script MOVIES , whole atmosphere give MOTHER FINGER THUMB UP , SALUTE and RESPECT at the same time . 24/07/2018 11:36
Take away show maybe in noon session , you guy see the disappear figure 0.195 - 0.265 in AIR , like a flick card , missing one by one , L&G FLICK CARD become .
CHARTING IS JUST SHOW A RESISTANT HEADING , FREE ZONE SHOOT < if not limit up , what for show in this point curve ???? heading north is precise , WELL DONE < MR LIM .
Signal STRONG WAVE implement , the nice header shoulder graft , very hard to find curve , FORM , mean the LIMIT UP possible is ON TIME , positioning is correct , what to worry , all in declare , bet on it .
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....
CheyWee Lim
77 posts
Posted by CheyWee Lim > 2018-06-01 23:21 | Report Abuse
30/4 anouncement propoaed right issue?