LAND & GENERAL BHD

KLSE (MYR): L&G (3174)

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Last Price

0.14

Today's Change

+0.005 (3.70%)

Day's Change

0.135 - 0.14

Trading Volume

7,216,500


32 people like this.

11,214 comment(s). Last comment by Faiza 23 hours ago

jack2

1,359 posts

Posted by jack2 > 2021-06-04 09:35 | Report Abuse

such low price & assets rich
owner shud privatised like mmc

JeffGuo999

373 posts

Posted by JeffGuo999 > 2021-06-04 13:37 | Report Abuse

otw.... already push some

FatRat93

146 posts

Posted by FatRat93 > 2021-06-08 16:46 | Report Abuse

L&G had proposed 0.5 sen dividend. But don't know whether final decision really RM0.50 or not... Hope they don't change their mind lah...

see2sea

2,194 posts

Posted by see2sea > 2021-06-14 14:12 | Report Abuse

Flat..no power

Hitman

1,299 posts

Posted by Hitman > 2021-06-17 21:50 | Report Abuse

TP=0.50

Hitman

1,299 posts

Posted by Hitman > 2021-06-17 21:50 | Report Abuse

??

kasinathan

961 posts

Posted by kasinathan > 2021-06-24 09:42 | Report Abuse

Half cent, not 50 cent

FatRat93

146 posts

Posted by FatRat93 > 2021-07-03 15:27 | Report Abuse

yes is RM0.005. my bad.

spider68

456 posts

Posted by spider68 > 2021-07-19 11:51 | Report Abuse

L&G NTA per share would significantly be higher than RM0.37, if L&G management were to carry out a revaluation exercise on L&G land banks. In L&G last AGM it seems that the management have quoted an excuse that it would be costly to conduct revaluation exercises on L&G land banks. I wonder what is their actual motive for not carrying out revaluation exercise on L&G land banks? Perhaps some people intends to suppress L&G share price this way.

Based on the information on the 30 largest shareholders contained in L&G 2020 AR, it would appear that there is no majority shareholder owning more than 50% of L&G shares. As such, is there any possibility of a hostile takeover of L&G to be carried out by another company in the near future?

Noni

677 posts

Posted by Noni > 2021-07-22 23:52 | Report Abuse

The % been around the same all these while. I don't think there will be any possibility of hostile, too much work and will push it up too expensive to do so. Major shareholders, no reason to take all up as well. Just keep it there will do.

Noni

677 posts

Posted by Noni > 2021-08-03 00:54 | Report Abuse

Errr....wrong channel? Sorry, we are unable to help you resolve your residential issues.
Maybe you will have to contact your JMB.

kasinathan

961 posts

Posted by kasinathan > 2021-08-05 14:58 | Report Abuse

13 cents ......

zahyus1

34 posts

Posted by zahyus1 > 2021-08-15 11:19 | Report Abuse

The Board of Directors (“Board”) of L&G wishes to announce that L&G intends to seek the approval of its shareholders on the Proposed Share Buy-Back - Renewal of Authority at the forthcoming 58th Annual General Meeting of the Company to be convened.

QiuSou Akino

1,244 posts

Posted by QiuSou Akino > 2021-08-18 20:01 | Report Abuse

Share Buy Back and 0.5 cent dividend too.

QiuSou Akino

1,244 posts

Posted by QiuSou Akino > 2021-08-20 19:02 | Report Abuse

Announcement to day:- RM0.005 cent dividend Ext day : 4-10-21.

kasinathan

961 posts

Posted by kasinathan > 2021-08-23 09:08 | Report Abuse

13 cents is coming

kasinathan

961 posts

Posted by kasinathan > 2021-09-01 11:00 | Report Abuse

13 cents is coming....up! Up! up!

QiuSou Akino

1,244 posts

Posted by QiuSou Akino > 2021-09-02 11:54 | Report Abuse

Quarter Report good !

jack2

1,359 posts

Posted by jack2 > 2021-09-02 16:21 | Report Abuse

going to move

dompeilee

11,887 posts

Posted by dompeilee > 2021-09-03 15:16 | Report Abuse

Bought L&G @ 12c over the last 2 wks. Recommended 2 premium clients a fortnight ago.

tanhy123

124 posts

Posted by tanhy123 > 2021-09-12 10:42 | Report Abuse

Anyone attending coming AGM on Wed? I am going to ask them about the progress of Sri Damansara Club redevelopment.

jack2

1,359 posts

Posted by jack2 > 2021-09-14 16:47 | Report Abuse

who knows what is the value of sri damansar land persf? total 57 acres

BigZakar

261 posts

Posted by BigZakar > 2021-09-15 09:09 | Report Abuse

drop back to 11cents then buy...............

tanhy123

124 posts

Posted by tanhy123 > 2021-09-15 11:57 | Report Abuse

The marker value for the plot of land at Sri Damansara Club redevelopment is 175 mil

jack2

1,359 posts

Posted by jack2 > 2021-09-15 13:21 | Report Abuse

book nta is 37 cts, actual market value nta is around 70 to 80 cts

jack2

1,359 posts

Posted by jack2 > 2021-09-15 15:28 | Report Abuse

there are 2 plots of lands at sri damansara total 57 acres, the value is RM120 per sf, total value at 300M close to L&G market cap now, not counting many other lands and businesses in the group. the share price is grossly under value

tanhy123 The marker value for the plot of land at Sri Damansara Club redevelopment is 175 mil
15/09/2021 11:57 AM

didi7349

509 posts

Posted by didi7349 > 2021-09-15 21:33 | Report Abuse

No point to put this kind of valuation....If u look back at its stock price,highest for past 10 yrs is around 50 cents.....Never closed to 80 cents

tanhy123

124 posts

Posted by tanhy123 > 2021-09-15 21:40 | Report Abuse

Most of the property companies have a lot of discounts for stock price vs assets, but it did not mean much provided that company able to sell the asses. The only way to monetize the assets are to sell them or work with different operators.

jack2

1,359 posts

Posted by jack2 > 2021-09-16 09:18 | Report Abuse

buy & keep for the next goring up cycle. at current price, cant go wrong

tanhy123

124 posts

Posted by tanhy123 > 2021-09-16 10:08 | Report Abuse

The catalyst of L&G is the service apartment project at Sri Damansara near MRT2 with super low land cost. It is planned for launching in Q3 2021, but delayed to Q2 2022 due to COVID-19. Good news is that management informed in AGM that the tower stations at the site have been moved further away from the development site.

BigZakar

261 posts

Posted by BigZakar > 2021-09-21 09:44 | Report Abuse

Q buy at 11 cents................

kasinathan

961 posts

Posted by kasinathan > 2021-09-23 11:21 | Report Abuse

The earning for the next several years is expected to double with the new projects launched in the market. Coupled with the earning recovery in the education sector, I expect the dividend to be 1.5 cents for the next fiscal year.

Hence, the dividend yield will be more than 10% at current price ranges. The real NTA should be around 75 cents based on the current market price.

I wouldn't be surprised if the controlling shareholder Mayland would be taken private and offering at least 40 cents ......

jack2

1,359 posts

Posted by jack2 > 2021-09-23 15:02 | Report Abuse

from the money flow chart shown accumulation by investors. smart investors just position themselves early before profit surges in next 1 to 2 years

BigZakar

261 posts

Posted by BigZakar > 2021-09-24 18:06 | Report Abuse

this turtle stock need 5 years to move up 3 cents...........better buy Marco.

jack2

1,359 posts

Posted by jack2 > 2021-09-29 08:37 | Report Abuse

4.1% dividend is still better than FD

QSou Akino

1,244 posts

Posted by QSou Akino > 2021-09-29 19:46 | Report Abuse

4.1% of course very much better than FD.

jack2

1,359 posts

Posted by jack2 > 2021-09-30 06:56 | Report Abuse

lets collect angpow next month

freeze789

234 posts

Posted by freeze789 > 2021-10-03 14:28 | Report Abuse

next week angpow mari

jack2

1,359 posts

Posted by jack2 > 2021-10-08 14:55 | Report Abuse

with the huge land banks and successful education business, many predators will be eyeing this co at this price

jack2

1,359 posts

Posted by jack2 > 2021-10-12 20:36 | Report Abuse

Buyers will soon cleared 12cts

freeze789

234 posts

Posted by freeze789 > 2021-10-13 00:34 | Report Abuse

will come bf end of the this year

jack2

1,359 posts

Posted by jack2 > 2021-10-13 08:38 | Report Abuse

now in the midst of accumulation, will fry sooner or later

krish52

257 posts

Posted by krish52 > 2021-10-13 08:42 | Report Abuse

many are waiting for the counter to move north.

jack2

1,359 posts

Posted by jack2 > 2021-10-13 08:42 | Report Abuse

calvineng time for you to come back and blow water

Musang King

1,034 posts

Posted by Musang King > 2021-10-18 15:14 | Report Abuse

Target 50 sen, coming super bull coming.

FatRat93

146 posts

Posted by FatRat93 > 2021-10-22 20:33 | Report Abuse

hope tis company will annouce a better dividend for next year since last year no dividend and this year dividend is quite less...

freeze789

234 posts

Posted by freeze789 > 2021-10-23 01:35 | Report Abuse

4.5 % call less? haha..then you dont invest put ur money into FD

FatRat93

146 posts

Posted by FatRat93 > 2021-10-23 14:34 | Report Abuse

u calculate according to current price. I brought at RM0.16 leh... last year didnt announce dividend at all while other company still give some percentage of dividend...

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