Posted by ShareFortuneTeller > 2024-07-17 07:36 | Report Abuse

This counter should be in my blacklist in the future.

Posted by prudentinvestor > 2024-07-17 17:02 | Report Abuse

Its share price has been struggling at below 20 sen for over 6 years. Investors got some small consolation in the form of dividends that averaged about 1 sen each year. Still not too bad.

Posted by Faiza > 2024-07-19 08:05 | Report Abuse

funds are buying, will inch up slowly

Posted by theyoungman > 2024-07-19 16:11 | Report Abuse

Strong vol 0.135. slowly

Posted by prudentinvestor > 2024-07-20 12:33 | Report Abuse

Two years ago, I still managed to buy some at 10 sen a share. Last year the lowest I could get was 11.5 sen a share. In January this year I managed to get some at 12.5 sen a share. It is creeping up very slowly. Even at a rate of 1.5 sen a share, it is still worthwhile investing.

Posted by Faiza > 2024-07-20 15:01 | Report Abuse

controlling shareholder bought 7.4M, good signs

Posted by Faiza > 2024-07-22 08:43 | Report Abuse

Zhejiang Geely Holding’s planned investment of USD10bn in Tanjung Malim. Recall that Geely has plans to turn it into the region’s largest auto city, in line with the Malaysian government’s aspiration for Tanjung Malim in Perak to become Malaysia’s Automotive High Tech Vally (AHTV). Geely and its local partner DRB-Hicom are involved in the development of AHTV, which serves to become Malaysia’s future hub for Next Generation Vehicle. According to the Muallim District Local Plan 2035, there are 22 strategies and 130 actions identified for implementation in three main sub-districts, namely Hulu Bernam Timur, Hulu Bernam Barat and Slim to achieve the aspiration. Progress in these initiatives provide plenty of opportunities for companies involved infrastructure, public amenities and property development, as housing needs expected to hit 33,000 units by 2035 to cater for 158,000 people versus current 70,000. PGF (TP: RM2.76), one of top buy picks, has plans to develop a self-sustaining integrated township with an estimated gross development value of RM3bn adjacent to the AHTV. Apart from DRB (Not Rated), other landowners in the vicinity or nearby locations like MJPERAK (Not Rated), L&G (Not Rated), TALAMT (Not Rated) and BJCORP (Not Rated) could benefit as well.

Posted by unclelee > 2024-07-23 17:09 | Report Abuse

The big boss has acquired shares, a big show will come soon....

Posted by Faiza > 2024-07-26 20:12 | Report Abuse

still in accumulation phase by funds at 13.5

Posted by bullrun168 > 2024-07-31 10:41 | Report Abuse

Yes, finally the dividend announcement was out !

Final Dividend
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3468789


Entitlement description: Single Tier Final Dividend of 0.7 sen per ordinary share
Ex-Date: 02 Oct 2024
Entitlement date:03 Oct 2024
Payment Date: 18 Oct 2024
Date Announced: 30 Jul 2024

Posted by bullrun168 > 2024-07-31 10:41 | Report Abuse

You all will be getting your dividend payout on 18-10-2024 around 2 and a half month time from now !

Posted by RInvest > 2024-07-31 12:10 | Report Abuse

DV stock

Posted by Faiza > 2024-07-31 15:17 | Report Abuse

5% is a respectable div rate

Posted by theyoungman > 2024-07-31 18:52 | Report Abuse

Good to invest with low risk despite less excitement and size slow movement.

Posted by RInvest > 2024-08-01 08:20 | Report Abuse

Will it break .14 roadblock?

Posted by RInvest > 2024-08-02 11:01 | Report Abuse

Nope - turun lagi ada ... can get more for DV

Posted by theyoungman > 2024-08-02 17:57 | Report Abuse

13/13.5 dy

Posted by calvintaneng > 2024-08-05 22:32 | Report Abuse

L&G = Lower & Go lower

Better buy TALAM

Talam Assets are Prime Lands

TALAM (2259) SELLING ASSET TO UNLOCK CASH PLUS RM26.6 MILLION PROFIT (ASSET PLAY IN MOTION) Calvin
Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-05-story-h-155111623-TALAM_2259_SELLING_ASSET_TO_UNLOCK_CASH_PLUS_RM30_MILLION_PROFIT_ASSET_

Posted by prudentinvestor > 2024-08-05 22:43 | Report Abuse

Don't BS here Tan Tua Pao. Talam's NTA is only 5 sen a share. It has never been profitable for a long long time. The last time it paid a dividend was 20 years ago.

Posted by calvintaneng > 2024-08-05 22:44 | Report Abuse

hahaha

how come you missed insider injected assets of sri kembangan at highly inflated related party deal???

Posted by calvintaneng > 2024-08-05 22:45 | Report Abuse

Datuk Tan very honest

https://www.youtube.com/watch?v=tvaJbMPzRZc

Posted by prudentinvestor > 2024-08-06 10:09 | Report Abuse

Any counter that Tua Pao has bought heavily and ready to promote to innocent investors is a good counter. Only he is capable of making money from the stock market.

Posted by Faiza > 2024-08-06 10:19 | Report Abuse

talam is a contender for pn17
asset rich but loss making
will eat into the nta yr after year

Posted by dompeilee > 2024-08-06 10:39 | Report Abuse

Calvin the Jurong west government housing-dweller & stock hot-air-blower promoting his TSH, rsawit, talamt 24hours/7 days a week all still CANNOT withstand mkt swoon !🤣

Took advantage of the said mkt swoon to add to my L&G holdings!

Posted by Faiza > 2024-08-06 15:13 | Report Abuse

talam, no way
even late founder cant turnaround

Posted by prudentinvestor > 2024-08-06 16:26 | Report Abuse

Someone who mostly invests in speculative counters and promotes them to others can't be a trustworthy person.

Posted by prudentinvestor > 2024-08-06 16:31 | Report Abuse

Talam is one of the worst counters listed on Bursa Malaysia and yet this fellow has the cheek to recommend it to others.

Posted by dompeilee > 2024-08-12 07:34 | Report Abuse

Not to mention the CHEEK to spam multiple other stock forums with his endless, upchuck-worthy promotions of dubious speculative stocks.

Posted by prudentinvestor > 2024-08-12 20:35 | Report Abuse

Hound this clown of immediately should he ever return to this forum again to create problems. He has already made TSH forum his permanent home.

Posted by prudentinvestor > 2024-08-20 11:28 | Report Abuse

Made several weak attempts to move up but failed. Has been stuck at around this level for more than one year already.

Posted by bullrun168 > 2024-08-20 12:05 | Report Abuse

prudentinvestor, don't worry...
just keep it for the Dividend Payment Date: 18 Oct 2024 which is less than 2 months time from today date !
it's dividend rate is 0.7 sen per ordinary share !
If you bought L&G at @0.135 you will get a return(dividend) of around 5.2 % in less than 2 months time !

Heng ah, Ong ah, Huat ah !

Posted by RInvest > 2024-08-21 08:07 | Report Abuse

as expected .. range at 13-13.5 .. kudos to those who top up when it dipped 2 weeks ago

Posted by KikoBny > 2024-08-21 08:55 | Report Abuse

yield is 5.3% great

Posted by calvintaneng > 2024-08-23 10:41 | Report Abuse

please do think very carefully


see two macro picture


1. In Peninsular (West Malaysia )

there is a 52% diesel price rise

as such all industries will be impacted by a corresponding rise of 5% to as high as 30%

these will see higher cost

1. property
2. construction
3. construction material
4.logistic that send goods by lorry or ships

5. consumer food and drink which are bulky

6. Toll road owners
as lorries now see higher operation cost by 52% they will make less trip so less collections from till


others




2. By Nov 2024 if Trump gets elected he will impose 10% tariff (tax) for all and for China it will be 60% tariff

so all industries related to export to USA will be hit

two things will hit all


a universal price rise caused by rise of diesel 52%

a universal tariff by USA from 10% to 60%


that is why it is of utmost safety to go invest in East Malaysia stocks which got no 52% diesel rise there

and palm oil export is more to India and China (not USA)

Posted by Faiza > 2024-08-28 08:34 | Report Abuse

seriously, L&G should branch out in education biz, replicate same business model
then list in ace market for funding

Posted by RInvest > 2 months ago | Report Abuse

Data centre is another possibility

Posted by bullrun168 > 2 months ago | Report Abuse

Superb Good news, the dividend payment has been Accepted/Approved on today's AGM Meeting !

GENERAL MEETINGS: Outcome of Meeting(LAND & GENERAL BERHAD)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482502
Ordinary Resolution 1: To declare and approve payment of a single tier final dividend of 0.7 sen per ordinary share in respect of the financial year ended 31 March 2024.
Result: Accepted/Approved
Date Announced: 10-9-2024

Posted by bullrun168 > 2 months ago | Report Abuse

Dividend Payment Date: 18-10-2024 which is around one month to go !

Heng ah, Ong ah, Huat ah !

Posted by spectre007 > 2 months ago | Report Abuse

KUALA LUMPUR: Property developer, Land & General Bhd (L&G) plans to launch U10 Aria Rimba, a new township project in Shah Alam, with a total gross development value (GDV) of RM2.4bil next year.

Managing director Low Gay Teck said the project will be developed in six phases.


Speaking after the company’s AGM, he said phase one entailed the construction of 150 units of terrace houses with a GDV of RM113mil.

Low said the group also planned to launch 1,008 units of high-rise service apartments in Sri Damansara Club in 2025, with a GDV of RM621mil.

ADVERTISING

Additionally, it aimed to open for booking 602 units of affordable service apartments, Kamelia @ Bandar Sri Damansara with an estimated GDV of RM156mil, by year-end.

The group posted a lower revenue of RM216.63mil for the financial year ended March 31, 2024 (FY24), a 13% drop from a RM249.18mil in FY23. — Bernama

Posted by theyoungman > 2 months ago | Report Abuse

Dividend exDate on 2nd Oct 2024 (Wed). If bought on Monday, T2 is Wed. Still entitled meh?

Posted by TheContrarian > 2 months ago | Report Abuse

@theyoungman, yes.

Posted by bullrun168 > 2 months ago | Report Abuse

Guys, just for your info:
1)if you bought at @0.13 return rate is 5.4 %
(Bank FD one year rate is 2.5 %, so it’s more +2.9 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

2)if you bought at @0.135 return rate is 5.2 %
(Bank FD one year rate is 2.5 %, so it’s more +2.7 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

3)if you bought at @0.14 return rate is 5 %
(Bank FD one year rate is 2.5 %, so it’s more +2.5 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

4)if you bought at @0.145 return rate is 4.8 %
(Bank FD one year rate is 2.5 %, so it’s more +2.3 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

5)if you bought at @0.15 return rate is 4.7 %
(Bank FD one year rate is 2.5 %, so it’s more +2.2 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

6)if you bought at @0.155 return rate is 4.5 %
(Bank FD one year rate is 2.5 %, so it’s more +2.0 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

7)if you bought at @0.155 return rate is 4.4 %
(Bank FD one year rate is 2.5 %, so it’s more +1.9 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

So, buy L&G at the low low price of 0.13, 0.135, 0.14, 0.145, 0.15, 0.155 & 0.16 is definitely a superb good value buy for L&G shares !

Heng ah, Ong ah, Huat ah !

Posted by bullrun168 > 2 months ago | Report Abuse

And L&G every year also will giving dividend and is on the increasing rate, last year is 6 sen per one share, this year is 7 sen per one share, next year maybe is 8 to 10 sen per one share!
So, return rate may higher year by year !

So, do u agree put all your monies to buy L&G shares and keep is better than put all your monies in FD to get such a low low return? (And if count on you bought L&G share price at low price and it’s price increase to record high price, such a increase price value if count as a plus value then buy L&G shares is definitely more better choice than keep it in FD !)

Heng ah, Ong ah, Huat ah !

Posted by theyoungman > 2 months ago | Report Abuse

Ya. 0.6c & 0.7c is a lot. 5% 6%.
Having said that, some investors bought when below 0.10, 0.7c is 7% ROI already if continue to stay put.

Posted by Faiza > 2 months ago | Report Abuse

Next yr dividend 8ct

Posted by theyoungman > 2 months ago | Report Abuse

Faisal, 0.8sen ba. If 8sen, I sailang liaoo

Posted by Faiza > 2 months ago | Report Abuse

hahaaha, 0.8cts

Posted by bullrun168 > 2 months ago | Report Abuse

0.7 cents dividend rate(Currently return rate is 5.2% if you bought it now at @0.135) can consider quite high already if you compared with bank's FD 2.5% per year !

Let say is you invested now by buying at the price of @0.135 for 300,000 units for RM40,500
then you already can get the return for the dividend of => 300,000 / 1,000 * 7 which is=> RM2,100
on 18-10-2028 in your bank account (Which is less than one month time only) !

if let say next year dividend rate is 0.8 cents,you will get=>300,000/1,000 * 8 which is=>RM2,400 (ret rate=5.9 %)
if let say next year dividend rate is 0.9 cents,you will get=>300,000/1,000 * 9 which is=>RM2,700 (ret rate=6.7 %)
if let say next year dividend rate is 1 cents,you will get=>300,000/1,000 * 10 which is=>RM3,000 (ret rate=7.4
%)

And don't forget the share value appreciation also, if it's share price when you bought it at today low price of @0.135 then if it's price increase to @0.15 , @0.25 or @0.35 and above then your return might be even more damn higher than your current return rate which is already at least double than you keep it in FD's return already !

Posted by prudentinvestor > 2 months ago | Report Abuse

RHB investment bank has buy calls on many property counters. Unfortunately they didn't cover Land & General.

Posted by theyoungman > 2 months ago | Report Abuse

XD on 2Oct2024 next Wed.
Bought today, still CD ya?
If buy tomorrow, Friday, T2 will be 1Oct, still entitle CD ya?