Posted by theyoungman > 2024-04-26 18:51 | Report Abuse

Strong volume

Posted by jack2 > 2024-04-27 09:30 | Report Abuse

the set up of a strategy committee is a positive move, not depending on the CEO who is not even a shareholder

Posted by theyoungman > 2024-04-27 14:05 | Report Abuse

@jack2, oh, who are they in the committee? Nice? Kindly share. Thanks

Posted by theyoungman > 2024-04-27 15:17 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3438572

OTHERS Land & General Berhad - Establishment of Strategy Committee
LAND & GENERAL BERHAD

Type Announcement
Subject OTHERS
Description Land & General Berhad - Establishment of Strategy Committee
Land & General Berhad ("L&G") is pleased to announce the establishment of its Strategy Committee, whose main role is to assist the Board to oversee the strategic and business planning of the L&G Group.

The Strategy Committee comprises four members of the Board namely Dato’ Noorizah Binti Haji Abd Hamid, Mr Low Gay Teck, Encik Ferdaus Bin Mahmood and Encik Faezali Bin Mustafa R. Jumabhoy.

This announcement is dated 17 April 2024.

Posted by prudentinvestor > 2024-04-27 15:20 | Report Abuse

Strong volume is normally associated with sharp price rise but we have seen strong volumes on quite a number of occasions without noticeable price increases over the past few months. Maybe the big boys haven't accumulated enough. Be patient, haha.

Posted by theyoungman > 2024-04-27 15:25 | Report Abuse

Yes, Pru, agree. 12.5 is the price they are supporting.

Posted by prudentinvestor > 2024-04-27 16:06 | Report Abuse

It has stayed at below 20 sen for around 6 years already. NTA is 38 sen a share. Time is ripe for it to move up and back to above 20 sen again.

Posted by prudentinvestor > 2 months ago | Report Abuse

I have queued to buy at 12.5 sen for a few days but without success.

Posted by jack2 > 2 months ago | Report Abuse

think 4Q results this month should be good

Posted by prudentinvestor > 2 months ago | Report Abuse

Many loss making property counters are much higher than L&G. Safe to invest in L&G at the current price.

Posted by prudentinvestor > 2 months ago | Report Abuse

I have a gut feeling that this counter is moving up soon. I hope I am right.

Posted by Faiza > 2 months ago | Report Abuse

funds accumulate slowly, very patience lots

Posted by theyoungman > 2 months ago | Report Abuse

Pru, dapat 0.125?

Posted by Faiza > 2 months ago | Report Abuse

Funds accumulate at 13cts

Posted by theyoungman > 2 months ago | Report Abuse

Faiza, good for you. Congratulations

Posted by prudentinvestor > 2 months ago | Report Abuse

Failed to get at 12.5 sen, only managed to get at 13 sen.

Posted by prudentinvestor > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/710567
What we should be worried now is a recession in the US. Cheap and profitable companies like L&G should go up.

Posted by theyoungman > 2 months ago | Report Abuse

Pru, I see. Now 13 also have to Q.

Posted by prudentinvestor > 2 months ago | Report Abuse

Still not expensive considering that its NTA is 38 sen a share and eps should exceed 1 sen this year.

Posted by theyoungman > 2 months ago | Report Abuse

Yes. The only thing is that it is slow. May have to wait few years ago? Previously you had it more than 5yrs right?

Posted by Noni > 2 months ago | Report Abuse

If invested in other property stocks simeprop, e&o, spsetia or etc already made money.
No need wait 6%. This is just not performing.

Posted by Faiza > 2 months ago | Report Abuse

Other big prop counters may takeover ths co since the price is low and huge land banks. Now there is strategy board to look at all possibilities

Posted by prudentinvestor > 2 months ago | Report Abuse

@Noni, you buy a counter that hasn't gone up much, not counters like Simeprop, E&O, SPSetia, MRCB, Ecoworld etc that have gone up by 100 to 200%. How much more can a counter that has risen by 200% go up? If you have invested in these counters, time to switch.

Posted by theyoungman > 2 months ago | Report Abuse

Pru, ignore them. 3174 is a good and gold mine stock. One day it will soar up.

Posted by prudentinvestor > 2 months ago | Report Abuse

Many of the comments that I wrote about MRCB last year were spot on. Those who had heeded my advice and bought MRCB at below 35 sen have made tons of money if they sold at around 60 sen, more if they still keep their shares. I hope my comments about L&G would eventually materialize also. haha

Posted by theyoungman > 2 months ago | Report Abuse

Yes Pru, you can do it, you can make it too.

Posted by Faiza > 2 months ago | Report Abuse

good chance big prop firm will eat this smallish fish?

Posted by theyoungman > 2 months ago | Report Abuse

0.14

Posted by prudentinvestor > 2 months ago | Report Abuse

Three weeks ago you could still get it at 13 sen. Now if you want to buy you have to pay 14 sen. By the middle of June you may have to pay 15 sen.

Posted by RInvest > 2 months ago | Report Abuse

....

Posted by Faiza > 2 months ago | Report Abuse

if big prop eat small fish, the upside will be much more

Posted by theyoungman > 2 months ago | Report Abuse

Strong.

Posted by stocktrading88 > 2 months ago | Report Abuse

anyone knows how big or small L&G compares to Mah Sing, SP Setia with all the landbanks and GDV that it has?

Posted by Faiza > 2 months ago | Report Abuse

UEM & Setia can easily swallow this small fish.

Posted by prudentinvestor > 2 months ago | Report Abuse

Swallow at L&G's nta which is 38 sen a share. Even at 25 sen a share I will quickly let go.

Posted by dickyen1988 > 2 months ago | Report Abuse

When can fly like UEMS? When the company director want to goreng it?

Posted by theyoungman > 2 months ago | Report Abuse

Slowly. Golden egg, take time leh

Posted by Faiza > 2 months ago | Report Abuse

buyers still accumulate slowly

Posted by ZenSen > 2 months ago | Report Abuse

Quarter results out this month?

Posted by Faiza > 2 months ago | Report Abuse

Q result be out within a week. Hope for surprises on the upside
and higher div

Posted by Faiza > 2 months ago | Report Abuse

Hope 1cts div, next yr 2 cts

Posted by Faiza > 2 months ago | Report Abuse

Under value pe11

Posted by prudentinvestor > 2 months ago | Report Abuse

L&G was a high flier during the 1990s before the Asian Financial Crisis, it hit over RM9 in 1994.

Posted by prudentinvestor > 1 month ago | Report Abuse

Dividend increased to 0.7 sen a share to console small investors so that they don't sell their L&G shares tomorrow.🤣🤣🤣

Posted by RInvest > 1 month ago | Report Abuse

Well, it’s going up from 0.6 cents - seriously, if tomorrow drop to 12.5-13 can pick up a bit more …

Posted by stocktrading88 > 1 month ago | Report Abuse

what the thoughts on QR report?

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

38,486.74

-366.12

0.94%

Nasdaq

NASDAQ Composite

16,939.81

-80.06

0.47%

Posted by Faiza > 1 month ago | Report Abuse

higher dividend 0.7 is the positive, good yield 6.3% & higher than EPF 5.5%

Posted by theyoungman > 1 month ago | Report Abuse

Proposed dividend 0.7sen. Nice.
5.38% if share price is based on 0.13
good.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3451559

Posted by Faiza > 1 month ago | Report Abuse

in another 2 to 3 years, my yield will possibly reach 10%
monitor next FY results