Posted by ivan9511 > 2019-01-04 16:21 | Report Abuse

Maybe want to private at 50sen or 40sen

Posted by kilrathi > 2019-01-04 18:01 | Report Abuse

Lots of landbank.. and cash.. should be valuation at 40cent

Posted by Nik Ahmad > 2019-01-07 07:33 | Report Abuse

The gov wants to develop L&G's landbanks? with gov investment in infrastructure? 3 projects will be launched? Landbanks will increase in value? Sudden increase in NAPS? Why are big investors coming back in L&G? A reversal after a decade of downtrend? 10 years uptrend coming up? If this is true, new TP should be somewhere around 40 cents? The good news should be announced today. Buy buy buy!

Posted by POORDAD > 2019-01-07 15:49 | Report Abuse

any special news to be announced today? where from?

Posted by Toriq > 2019-01-08 11:29 | Report Abuse

L&G (Stock quote 3174) LAND & GENERAL or LAND & GOLD (Top Reasons for buying (Calvin Tan Research)
Author: calvintaneng | Publish date: Sat, 8 Jul 2017, 03:09 PM

Dear Friends, Fellow Investors who visit here,

My next stock pick is LAND & GENERAL or LAND & GOLD.

These are the Top Reasons why Calvin Tan Research has turned bullish on L&G
At 21.5 sen with NTA of 58 sen L&G is selling at 63% Discount to NTA. This gives us a Big Margin of Safety

2. High Dividend of 9%

At 2 sen dividend yearly for the last 5 years L&G gives the 2nd highest dividend yield after Tasek Cement. So it beats Classic Scenic, Apollo Food, Alaqar Reit (beating all other reits) and all other dividend paying shares of KLSE. Since L&G is in Net Cash Surplus it is able to continue its dividend payout.

3. A GROWING ENTERPRISE

Its recent Rights Issue to raise Capital was to purchase 4 Prime Assets. This is also done by Mah Sing, Scientex & SP Setia. Growth by expansion.

4. HIGHLY UNDERVALUE ASSETS

A look at the Book Value of L&G Land banks showed that L&G owns about 2,500 acres of Prime Freehold lands in Kerling. The book value is only 44 sen psf.

Current Bank Value for lands in Kerling & Kuala Kubu Baru is Rm3.00 psf. So if revalued L&G lands in Kerling should go up by 500%. And among its 4 Assets recently acquired is the 160 acres of freehold lands in Serendah. This is a timely acquisition as GEELY is going to invest BIG TIME into Proton City of Tg Malim

5) L&G Land Banks in Kerling & Serendah will go up in Value when 60,000 Proton Staff relocate to Tg Malim. Just like the towns of Rengit & Desaru jumped in value by 300% to 500% due to Petronas RAPID that caused an influx of 70,000 workers into this booming region. So the expansion of Proton City due to GEELY Jv with Proton in Tg Malim will create multi year boom for all Real Estates here.

From L&G 2016 Annual Report:

Scroll down to Properties owned by L&G

2 Ladang Kerling Mukim Kerling District of Ulu Selangor

Rubber and oil palm estate. Freehold.

1,009.71 hectares. Book Value Rm48,146,000

So LG has 1,009.71 hectares of Freehold Lands in Kerling (15 minutes from Proton City of Tg Malim)

To convert hectares to acres

1,009.71 x 2.471 = 2,494.99 acres. That's almost 2,500 acres.

How many sq ft

So 2,494.99 x 43,560 = 108,681,764.4 sq ft

Its total book value is Rm48,146,000

And how much per sq ft?

So Rm48,146,000 divides by 108,681,764.4

= 44.29 sen per sq ft.

WOWEE!

The current land prices according to lands in Perling & Kuala Kubu Baru starts from Rm3.00 to Rm10.00 psf. Bank valuation is about Rm3.00

So if L&G wants to it can follow HapSeng, Eg, Seacera or Fiamma's examples & just revalue its lands and assets & book them as profit.

So from 44.30 sen to Rm3.00 psf L&G will see a jump of 677%! WHOPPEE!

And Rm3.00 psf at 43,560 sq ft (per acre) would mean that each acre is worth Rm130.680K

For 2,494.99 acres?

So 2,494.99 x Rm130,680

= Rm326 Millions

Ha! If L&G wanted to it could just sell off these lands for its recent Asset Acquisitions in stead of raising CASH by Rights Issue. Never mind. If sold L&G will be able to give out 5 or 6 yearly dividends of 2 sen from this Asset Disposal alone. So 9% dividend is assured for the next 6 years for all happy holders of L&G shares? (Note further: L&G already in NET CASH Position even without Assets disaposal. So if more CASH comes in L&G might even raise dividend to 3 or 4 sen?)

6) Top Holders of L&G are Mayland, savvy investors like Lim Pei Tiam & Tan Chong Koay of PHEIM Funds

The recently concluded RI saw Mayland increased its position. So is Lim Pei Tiam. Lim is a banker for 20 years. Other shares of great success by Lim was Super Enterprize (Up 200% & taken private), Kheesan & Pohuat (also up 200%) Lim is 2nd Top holder of Pohuat.

Tan Chong Koay has 3 separate Pheim Funds in Top 30 shareholders of L&G. Pheim recently made 200% from Penta from its price surge.

Coming in at

Top 12. Citigroup Nominees (Asing) Sdn Bhd CEP for PHEIM SICAV-SIF

7,512,400 (PHEIM has 7.5 million L&G shares)

Coming in at Top 22. HSBC Nominees (Asing) Sdn Bhd And Co Boston for PHEIM Asean Equity Fund (TCSB)

3,379,000 (PHEIM Fund at Top 22 with 3.379 million shares)

Coming in at Top 30 CIMB Group Nominees (Tempatan) Sdn Bhd PHEIM Asset Management Sdn Bhd for Progressive Insurance Berhad (A/C231)

2,521,000 (Again at Top 30 PHEIM chose to invest 2.5 million L&G shares for Progressive Insurance

Why is Tan Chong Koay so bullish on L&G? Tan Chong Koay made a chun chun call in Pentamaster from Rm1.20 to over Rm3.70 (up 200%)

Can we expect L&G to go up 100% or 200%?

Posted by Toriq > 2019-01-08 11:29 | Report Abuse

7) L&G share price has fallen to multi year low of 21.5 sen – Its downside is well cushioned by 9% dividend yield & high NTA. And with coming good prospects of Tg Malim BOOM Due to GEELY manufacturing its World Champion SUV called LYNK 01 for export to ASEAN 10 nations of 620 millions & over 100 countries worldwide there will be a spillover boom for L&G’s over 2,600 acres prime lands here.

Please invest your hard earned monies after due diligence

Best regards & cheers

Calvin Tan

Singapore

Note:

L&G is now controlled by Mayland. Mayland is a very successful developer of STRATEGIC PROPERTIES IN STRATEGIC LOCATIONS.

Mayland did very well even in recession years due to its

1) Strategically located Condos in Prime Locations

2) Excellent & Unique Design & Features with a touch of Class

3) Priced very competitively to sell fast!

See this Condo in Johor completed in Year 2002 (during bad times) & yet ALL SOLD OUT



SUCCESS BEGETS SUCCESS

ALL SOLD OUT DUE TO LOCATION, DESIGN & ATTRACTIVE & UNBEATABLE PRICES!

That will be the forte of L&G or LAND & GOLD

Good luck!

Posted by POORDAD > 2019-01-09 15:34 | Report Abuse

CNY come already.. huat ar!

Posted by Dakewlest > 2019-01-09 18:47 | Report Abuse

I bought today. Any TP?

Posted by Dakewlest > 2019-01-09 21:40 | Report Abuse

Finally bought this stock.

Posted by Sales > 2019-01-10 10:32 | Report Abuse

Cash rich stock, can easily go up to 0.40.

Posted by POORDAD > 2019-01-10 12:52 | Report Abuse

my short term TP is back to 0.19 sen pre-div last couple mths.

Posted by Sales > 2019-01-10 16:51 | Report Abuse

This stock a lot of people hold between 0.30-0.40.

Posted by ampabella > 2019-01-11 21:58 | Report Abuse

char toh...i sangkut at 30cts for many many year oreli

Posted by Eric Fong > 2019-01-12 01:56 | Report Abuse

avarage price at 40cents :(

Posted by POORDAD > 2019-01-14 10:44 | Report Abuse

i bought in at 42 sen many yrs ago, read the news about the rights issues then dumped it. lost few k.

waited until drop to 19 sen, then bought, but sold before ex-div date (19.5sen) as no confidence this counter to recover from the post ex-date.

plunge to 13.5sen didnt buy :(

Posted by Dakewlest > 2019-01-22 12:36 | Report Abuse

Anyone buying more?

Posted by tanhy123 > 2019-02-08 21:37 | Report Abuse

Gov steps in to rescue property market. Will L&G participate in the coming property fair?
It's Astoria Ampang and Damansara Seresta have poor sales.

Posted by amet2017 > 2019-02-08 21:41 | Report Abuse

Its not step to rescue property market ler, tp rescue 'friends' i.e developer ler. When the property market was hot, developers oledi hantam profit kaw2. Now got help from gomen somemore. Rakyat will always be on the losing side

Posted by tanhy123 > 2019-02-09 10:40 | Report Abuse

It is not only about developers, it will have ripple effects to all other industries like steel producer, construction, raw material, banking etc.

Posted by Muarmali > 2019-02-11 11:17 | Report Abuse

It is unfair and illegal for the government to rescue the developers. All the bail-out and rescue are illegal.

Posted by tanhy123 > 2019-02-19 21:20 | Report Abuse

Someone always buy 1 lot in the last 10min to artificially support the price at 0.155.

Posted by freddiehero > 2019-02-19 21:31 | Report Abuse

haha

Posted by freddiehero > 2019-02-19 21:32 | Report Abuse

make the road look wan fly haha

Posted by tanhy123 > 2019-02-20 19:23 | Report Abuse

Again last min buy 1 lot to push up

Posted by tomanhead > 2019-02-20 19:53 | Report Abuse

Everyday up 0.005 ok waht....

Posted by spectre007 > 2019-02-27 18:58 | Report Abuse

Results not bad.. Sooner or later back to 20sen as the new norm

Posted by POORDAD > 2019-02-27 20:08 | Report Abuse

wow...need to all in now before too late.

Posted by xcu843 > 2019-02-27 21:21 | Report Abuse

Very good result

Posted by xcu843 > 2019-02-28 16:25 | Report Abuse

Lousy counter, not move at all

Posted by POORDAD > 2019-03-14 16:56 | Report Abuse

high volume these days, something is brewing!

Posted by BF Chin > 2019-03-16 10:02 | Report Abuse

This counter ready ready lousy,majority counter already start goreng from Jan 19 but this counter still at same level..No plp want to goreng.....No eye to see....

Posted by Sales > 2019-03-16 12:59 | Report Abuse

James Ng, before you promote yourself. Give some tips like Calvin. People will listen to you. If Calvin open talk, people will follow. Give first before you take.

Posted by tanhy123 > 2019-03-18 09:18 | Report Abuse

Lai liao, luckily last week I was able to enter at 0.15

Posted by spectre007 > 2019-03-18 09:33 | Report Abuse

First stop back to 20 sen

Posted by POORDAD > 2019-03-18 15:50 | Report Abuse

all in now. time has come.

Posted by hovid > 2019-03-18 17:05 | Report Abuse

Up little only... Last min buy 100 lot at 0.165 =-=

Posted by freddiehero > 2019-03-18 17:51 | Report Abuse

wah.. hope to break 0.20

Posted by tanhy123 > 2019-03-18 18:55 | Report Abuse

This counter, be careful of 1 or 2 days show only.

Posted by spectre007 > 2019-03-18 22:04 | Report Abuse

Just hold. Will explode

Posted by xcu843 > 2019-03-19 10:15 | Report Abuse

Ha..ha..ha no power just kacau one day only. Good luck

Posted by tanhy123 > 2019-03-19 11:54 | Report Abuse

Looks like 1 day game over

Posted by POORDAD > 2019-03-19 15:16 | Report Abuse

rotation play...gearing up for property goreng. O&G just finished their turn.

Posted by spectre007 > 2019-03-22 09:44 | Report Abuse

Good quarter coming... Country Garden makes a lot of profit

Posted by Sales > 2019-03-22 10:17 | Report Abuse

At the moment, property counters are very slow. Should hang around in oil & gas counters. Later only come back.

Posted by freddiehero > 2019-03-28 15:06 | Report Abuse

tis counter waiting someone to sell then move.

Posted by freddiehero > 2019-03-28 15:07 | Report Abuse

no sell no move? lol

Posted by Dakewlest > 2019-03-29 18:20 | Report Abuse

I beli lagi. Hopefully announce dividend and harga naik soon.

Posted by Sales > 2019-04-01 20:43 | Report Abuse

Dividend is around Sept. or Oct. Go to oil and gas first

Posted by POORDAD > 2019-04-03 10:58 | Report Abuse

high volume again today...someone collecting waiting to shoot!

Posted by tanhy123 > 2019-04-03 11:21 | Report Abuse

Could be another 1 day show. They only want to earn 1 bid from small prawns, pathetic.