Posted by tanhy123 > 2019-07-29 20:54 | Report Abuse

Coming QR should be good due to HOC. I believe we have seen the bottom of property sector.

Posted by 507596689729039 > 2019-07-30 19:39 | Report Abuse

RM0.15 sapu sampai licin-licau.

Posted by POORDAD > 2019-07-31 18:08 | Report Abuse

all in now before it hit 0.17...!!

Posted by luckyman > 2019-08-02 18:14 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=195502&name=EA_DS_ATTACHMENTS

The proposed re-development of the Sri Damansara Club land is currently in progress. The Court Order to wind up Sri Damansara Club’s interest scheme was obtained in June 2019. The Club is expected to cease operation by the 4th quarter 2019. The preparation for submission of the development plans for a mixed high rise development project is underway. The estimated
GDV of the project is valued at RM2.0 billion

Aria Rimba, L&G’s 112-acre township at U10, Shah Alam, is a mixed-development project that consists of link houses, semidetached houses, serviced apartments and affordable houses under the Rumah Selangorku initiative. The project, with an estimated total gross development value (GDV) of RM1.1 billion, will be developed over five phases throughout the next six years. Earthworks for Aria Rimba has already commenced and the development is expected to be launched from early 2020 onwards.

For FY March 2020 financial year, the Group is well poised to take advantage of an upward trending market with its on-going projects in the Klang Valley, namely Damansara Seresta (GDV of RM480 million); Astoria Ampang Phase 1 (GDV of RM400 million); and Sena Parc Phase 1 (GDV of RM35 million). The Group also intends to launch its Shah Alam landed development project, Aria Rimba, (GDV of RM1.1 billion) in 2020.

Posted by Sales > 2019-08-02 19:20 | Report Abuse

Wow! With this price, where to get andevery year give dividend. :);):)

Posted by Sales > 2019-08-03 11:43 | Report Abuse

L& G cultivates rubber and oil palm and also owns school complex and provides educational services. Wow! :):):)

Posted by aft7753 > 2019-08-05 19:49 | Report Abuse

Bollinger squeezes.......

OBV & PVT still uptrend !

Strong support at 0.155 & 0.15

1 cent dividend & Dividend Yield (%) about 6.45

PE=11.92 & NTA=0.36

Let watch this small "General" of Land closely.

Posted by Mabel > 2019-08-09 08:37 | Report Abuse

Would be lovely if it cross the 0.17 Barrier...

Posted by Sales > 2019-08-12 14:25 | Report Abuse

Hi Mabel! Those counters that i followed, you also there. Hope we can share info.

Posted by 507596689729039 > 2019-08-12 16:26 | Report Abuse

Very strong support at RM0.155. Since 1 cent dividend. ext date on 7-10-19, so have to wait at least end of August.

Posted by luckyman > 2019-08-12 18:29 | Report Abuse

This is a very undervalued company with good growth potential for the next few years. Unfortunately most analysts still feel reluctant to upgrade the property sector or say something positive about the sector.... Nevertheless this could be a bottom fishing opportunity....

Posted by Mabel > 2019-08-19 00:23 | Report Abuse

@Sales Hi Mabel! Those counters that i followed, you also there. Hope we can share info.

Yes Absolutely Sales!

Posted by hovid > 2019-08-26 19:19 | Report Abuse

https://www.klsescreener.com/v2/financial-reports/view/78168

Posted by xcu843 > 2019-08-26 19:24 | Report Abuse

Good result

Posted by ivan9511 > 2019-08-27 00:33 | Report Abuse

L&GChart 1 44,407 3,258 0.11 0.00 11.11 11% Malaysia Stock - L&G Report 82%
incease 82%

Posted by cutie > 2019-08-27 00:45 | Report Abuse

propose 1 sen dividend

Posted by xcu843 > 2019-08-27 12:37 | Report Abuse

I thought 1 cent dividend approved and going to pay next month. For this qtr result, still got propose dividend?

Posted by Sales > 2019-08-27 12:41 | Report Abuse

Dividend 0.01sen ex-date on 7th october. Go! Go!Go!!!

Posted by Sales > 2019-08-27 12:42 | Report Abuse

Every qr making profit......where to get so huge land bank property with super low price.

Posted by 507596689729039 > 2019-08-27 20:34 | Report Abuse

1 cent dividend ext date : 7-10-19; Payment date: 23-10-19.

Posted by POORDAD > 2019-09-04 18:45 | Report Abuse

0.17 coming soon, time to grab!

Posted by tanhy123 > 2019-09-15 20:05 | Report Abuse

AGM is on Wed, who is going?

Posted by alamak123 > 2019-09-16 22:03 | Report Abuse

coming soon 29 cents for 2 lots.

Posted by c328 > 2019-09-18 20:15 | Report Abuse

i forget the date, dint go agm

Posted by POORDAD > 2019-09-19 18:22 | Report Abuse

no good news agm?

Posted by Jeffreyteck > 2019-09-20 08:11 | Report Abuse

Shame on management asking government to raise EPF withdrawal to 50_70% for house purchase instead of building more affordable houses, cut the management remuneration for their non performance, distribute higher dividends for SH. All only looking and taking care of their own pocket. Luckily disposed of two years ago as they are good in shouting but short in delivery. TP12 medium term unless bull returns earlier.

Posted by fraddieshare > 2019-09-24 17:16 | Report Abuse

going move upward to 0.20 range

Posted by POORDAD > 2019-09-25 19:34 | Report Abuse

strong upward volume!

Posted by Sales > 2019-10-01 13:25 | Report Abuse

Not interested with 0.01sen dividend. They should give 0.015sen like last year.

Posted by POORDAD > 2019-10-03 14:46 | Report Abuse

im scared bros/sis. tmr last day to sell before ex-date on monday. will it cover >15sen after ex? :(

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

Must sell! Don,t greed on dividen. Some kopi duit is better then losing money. ha ha

Posted by POORDAD > 2019-10-07 17:15 | Report Abuse

im sorry bro/sis. i sold it all, too much fear now even though stock is good.

Posted by tanhy123 > 2019-10-08 08:14 | Report Abuse

There is no need to worry because in the past 2 years the stock price went up more than the announced dividend, so it went down after dividend ex. But this year it only went up 1 cent after announcement, so I don't think it will go down after ex.

Posted by AllanTingAS > 2019-10-08 22:01 | Report Abuse

Q at 0.135 and wait for durian jatuh! If will quite safe on this range.

Posted by freddiehero > 2019-10-12 11:38 | Report Abuse

wah lau... keep cheap cheap until 2020?

Posted by freddiehero > 2019-10-12 11:38 | Report Abuse

let it break 0.10 collect more..

Posted by Rotiboy > 2019-10-26 12:04 | Report Abuse

Hello, guys. I’m not so familiar with property development companies. Therefore, wanna ask whether all the property development companies’ share prices are stagnant?

For example for Land

Posted by tanhy123 > 2019-10-26 15:24 | Report Abuse

@Rotiboy, in general, most of the property stocks dropped 50% from their height in 2014.

Posted by Rotiboy > 2019-10-26 17:05 | Report Abuse

@tanhy123 thanks for your info
But why people still investing money in these entities these days? Even the dividend payout also lower if compared with prior years.

Posted by tanhy123 > 2019-10-26 20:19 | Report Abuse

@Rotiboy The property counters are deeply under value. Many are reaching the 2009 price level. For dividend, many have good payout above 5 or 6%, for example Mahsing, UOA, Matrix etc.

Posted by Rotiboy > 2019-10-26 22:28 | Report Abuse

@tanhy123 thanks for your info again.

Normally how you all evaluate whether the property development entities are out performing among others? For example, Land

Posted by tanhy123 > 2019-10-27 10:42 | Report Abuse

@Rotiboy I am not a guru so dare not to advise much. But few things I will consider:
1.Land bank - Purchase price, location etc
2.Unbilled sales - This tells us how much sales in the pipeline and how long it can sustain the operation
3 Inventory - How much still not yet sold, especially in slow env now?
4. Business strategy - Affordable housing or high end, strata or landed, city or outskirt
5. Cash on hand - Some companies may not able to survive through the slow down
6. Price per book value - Compare stock price against NTA

L&G may not have big name, but it has lots of land and healthy financial position.
But in this slow market, it will take some time to realize the values of its landbank.
Next year it will launch more projects, but no body can foresee the market condition.

Posted by Rotiboy > 2019-10-30 21:11 | Report Abuse

But it’s cash flow from operation has been negative for past few years...which sounds funny to me.

Posted by tanhy123 > 2019-11-02 11:10 | Report Abuse

I think the negative cash flow from operation is due to the ongoing sales of the projects: Astoria Ampang, Damansara Seresta and Sena Parc are not so well in the slow market. But the company is in net cash position of 200 million with unbilled sales of 189 million, so it should not have cash flow issue.
The value of this company is with its landbank and its current valuation is so low, which is good for value investor.
Can see that the stock price has been locked in tight range, which I suspect due to action from some big player so that they can collect the shares from retail investors and those who lose their patience.
So the questions is, the latest measures from gov to help developers to sell the unsold high end strata units to foreigners, is it a game changer for the industry?

Posted by aft7753 > 2019-11-02 16:05 | Report Abuse

From historical chart,

2004 to 2007 & 2008 to 2010 :- Formation of strong and defensive "V"- shaped chart.

2015 to 202?... :- Likely formation of defensive "U"-shaped chart ??? with the up and down of QRs...s !!!

Buy & sell defensively.........

Posted by tanhy123 > 2019-11-10 15:42 | Report Abuse

https://themalaysianreserve.com/2019/09/23/housing-loans-hit-rm11b-for-1st-time-since-2014/

Posted by tanhy123 > 2019-11-10 15:58 | Report Abuse

Coming QR should be good compared to the terrible Q 1 year ago. With the help of HOC I expect jump in sales with reduced profit margin due to discount given.

Posted by Sales > 2019-11-13 12:25 | Report Abuse

Every year give one sen dividend and every year drop one sen. Very boring stock.

Posted by Sales > 2019-11-19 13:21 | Report Abuse

Cut loss some and go to NETX. NETX is very happening.

Posted by plenitude8 > 2019-11-20 05:43 | Report Abuse

Hi tanhy123, what do you think about the PLENITUDE property counter ?