Posted by prudentinvestor > 2013-08-01 16:01 | Report Abuse

Accumulation of L&G shares certainly taking place.

Posted by mtr27 > 2013-08-01 16:46 | Report Abuse

L&G ran amok!!! Told u all oledi...

Posted by air01557 > 2013-08-01 17:00 | Report Abuse

heavy accumulation at 48 & 48.5 BUY tomorrow morning !

Posted by air01557 > 2013-08-01 18:33 | Report Abuse

this stock is undervalued - the move has just started

Posted by Tiong Yong Soon > 2013-08-01 19:55 | Report Abuse

I am stucked @ 48.5 for a month!. Pls move further..

Posted by davors > 2013-08-01 20:01 | Report Abuse

No worries.. 0.55 in 2months time... :)

Posted by KAHFIEHLAI > 2013-08-01 22:06 | Report Abuse

davors
0.55 for 1st tp. If volume substance and BT 0.55...0.60 is sai sai sui.

Posted by smartguy > 2013-08-01 22:36 | Report Abuse

LOL

Posted by KAHFIEHLAI > 2013-08-01 23:24 | Report Abuse

olo..heheheh

Posted by Lau Chea Yong > 2013-08-02 00:07 | Report Abuse

My take is that this stock lacks visibility in earnings on a longer period. The company is trying to increase its land bank and create some stability in investment income.When all is done, who know what will happen? maybe like another Dijacor

Posted by davors > 2013-08-02 08:32 | Report Abuse

L&G is coming!

Posted by cytew > 2013-08-02 08:44 | Report Abuse

If I am mayland , i will take L& G private

Posted by Tarita > 2013-08-02 10:41 | Report Abuse

heavy accumulation at 48 & 48.5 BUY tomorrow morning ! < buy morning u lose now :) >...

Posted by smartguy > 2013-08-06 11:20 | Report Abuse

Sure win by this ICULS exercise:
5 days VWAP=0.48,
theoretical Ex price:
{(0.48*2000)+260}/3000= 0.4066

Exercise price of ICULS=0.26
L&G-LR is expected to trade at price around 0.14 (0.4066-0.26)

Ceteris Parabus, profit guaranteed =(0.4066-0.48+0.14)=0.06/6sen!

what are you waiting for?

Posted by mtr27 > 2013-08-06 13:34 | Report Abuse

Price today 46sen not 48sen lol??? 6sen profit just chicken feed maa...

Posted by smartguy > 2013-08-06 14:16 | Report Abuse

0.48 is just an example. No matter you buy at what price level, as long as you buy and hold until Ex date, 6 sen is confirmed earn!

Posted by wkchong > 2013-08-07 21:23 | Report Abuse

Hi cytew, can u teach me that how much the L&G LR will estimated be priced on first trading day? Thank you in advance!

Posted by naga2013 > 2013-08-09 16:21 | Report Abuse

mathematically, there is no arbitrate gain. Any gain should come from share price movements after ex. of course, the bet is here that the share price will inch up after ex or the ICULS will trade at a premium to the share price after considering the conversion value.

Posted by cytew > 2013-08-10 11:40 | Report Abuse

WK Chong, if you bought at 46 cents before ex.,the mother share will ex at 39 cents, mathematically , LR will trade at 13 cents,there will be an arbitrate gain of 6 cents immediately after ex, but how ever this arbitrate gain will soon be erased by market downward force on both LR and Mother share, most probably both of them will reach an equilibrium at where LR is trading at 10 cents ,while mother share is trading at 36 cents, we just wait and see.

Posted by wkchong > 2013-08-12 12:18 | Report Abuse

Mr tew, really appreciated for ur kind attention and pro info. Hope to continuous learning fr u! Tq so much

Posted by smartguy > 2013-08-13 15:03 | Report Abuse

BUY BUY BUY!!!!!

Posted by lching > 2013-08-13 15:05 | Report Abuse

nothing surprise on the counter, have to wait for frying activities.

Posted by stock > 2013-08-13 15:44 | Report Abuse

come on!!

Posted by valueinvestor > 2013-08-13 21:59 | Report Abuse

This counter is unlikely to go up in the near term. It will be better to focus on other counters like LBS and Global Oriental....

Posted by smartguy > 2013-08-13 23:07 | Report Abuse

Who knows? Let see!

Posted by KAHFIEHLAI > 2013-08-13 23:31 | Report Abuse

Let see know who...

Posted by HJey > 2013-08-14 09:21 | Report Abuse

That's good point and the reason comment is here. I like their project and cash flow but i don't like that there are many unit trust funds inside L&G top 30 shareholders. This is my opinion and feeling.

Posted by KAHFIEHLAI > 2013-08-14 21:00 | Report Abuse

Hjey
UT fund need to give Dividend to the unit holders yearly, so depending on the dividend they invest in counter like L & G. I don't think they can perform... thus i believe they have confident on LG share capital appreciation rather than dividend only..what do u think??

Posted by Jyen > 2013-08-14 21:16 | Report Abuse

What is the target price?

Posted by smartguy > 2013-08-14 21:59 | Report Abuse

Coming...

Posted by Icon8888 > 2013-08-15 01:47 | Report Abuse

This company got little landbank. Why buy a property company like this ?

Posted by HJey > 2013-08-15 09:48 | Report Abuse

I see. This is my personal opinion.

With many UT funds in L&G, the funds manager will made or loss money from small price movement, i.e 0.005 or 0.01.

For retail investor, we're like a deer trapped in a fight between two tigers. I won't make money from small price movement. And I will bored to death if the price move between 0.47 and 0.48, for 1 year or even more. In this case, it's better to put money in FD for 1 year.

I don't know ICULS but if cytew is right, then I will really confirm bored to maximum death

You're right, Kahfiehlai. I also believe L&G can grow. If not, I won't bother to ask question. Why I believe in L&G?

I take three annual reports 2012 (L&G, LBS & Huayang). This is my preference in determining a stock value. I can be extremely wrong and bias on this subject. I'm not expert at all.

(RM'000)

L&G
Revenue 130,799
Profit before tax 43,499 (33%)
Profit after tax 33,120 (25%)
Cash in hand 122,802


LBS
Revenue 531,820
Profit before tax 65,056 (12%)
Profit after tax 37,160 (7%)
Cash in hand 19,957


HuaYang
Revenue 306,412
Profit before tax 72,503 (24%)
Profit after tax 53,435 (17%)
Cash in hand 25,161


I like profit margin of L&G and its fat piggy bank balance. Let me declare, I bought HuaYang last year and made money this year. I never buy LBS.

I'm considering L&G because I feel it's undervalued but I may buy it next year after ICULS and UT done their things.

Posted by Jyen > 2013-08-15 10:14 | Report Abuse

I am going to buy more L&G:)

Posted by HJey > 2013-08-15 14:01 | Report Abuse

I wish I can read mind and future, then I sure go "maximum pow kao kao" toto, magnum, kuda. Unfortunately, I can't.

Anything can happen, including privatisation. I know there is a trigger for privatisation. 30% something in shareholding, I'm not sure. There is a form to be completed by major shareholders, whenever they increase or reduce their stake.

Why I think L&G is a playground for the big boy? The daily volume is high but the price moves between 0.005 or 0.01. I like L&G but I hate being bored to death.
http://www.klse.info/counters/historical-prices/stock/3174/page/1

I am holding a stock that bored me to death. It's almost 2 years and the price still same as the day I bought it. One is enough, two can turned me into zombie.

Posted by davors > 2013-08-15 18:06 | Report Abuse

here comes....

Renounceable rights issue of RM77,779,589 nominal value of five (5)-year, 1%,
irredeemable convertible unsecured loan stocks (ICULS) at 100% of the nominal
value of RM0.13 each on the basis of RM0.13 nominal value of the ICULS for
every one (1) existing ordinary share of RM0.20 each in Land & General Berhad
(L&G) (L&G Share(s) or Share(s)) held at 5.00 p.m. on 29 August 2013


Dispatch Date: 02/09/2013
Trading of Rights Start On: 30/08/2013
Trading of Rights End On: 06/09/2013
Stock Par Value:

Last Day and Time for:
- Sale of Provisional Allotment of Right: 05/09/2013 05:00 PM
- Transfer of Provisional Allotment of Right: 10/09/2013 04:00 PM
- Acceptance and Payment: 13/09/2013 05:00 PM
- Excess Share Application and Payment: 13/09/2013 05:00 PM

Posted by KAHFIEHLAI > 2013-08-15 21:51 | Report Abuse

Posted by smartguy > Aug 6, 2013 02:16 PM | Report Abuse

0.48 is just an example. No matter you buy at what price level, as long as you buy and hold until Ex date, 6 sen is confirmed earn!

Dear Smartguy,
I bit doubt on the LG-LR. Is the following options correct..Please advise.
1. I can sell the Right entitlement at market between 30/08/13 to 06/09/13.(Theoritical price is 0.13)
2. If i do not sell, do i need to pay for the ICULs.?

tks

Posted by smartguy > 2013-08-16 00:15 | Report Abuse

Yes, you can sell the OR btw 30/08 to 05/09 if dont want to subscribe! If you hold the LR, you have to pay 0.13 subscribe for L&G-LA.

Posted by smartguy > 2013-08-16 00:16 | Report Abuse

Dear comrades, are you ready for L&G?

Posted by KAHFIEHLAI > 2013-08-16 00:43 | Report Abuse

I need u view. Hold or sell at current price.! Just to share
Tq

Posted by rmkfac100812 > 2013-08-16 06:02 | Report Abuse

Hi smartguy, hi kahfiehlai, can buy at .47? tq.

Posted by stock > 2013-08-16 10:07 | Report Abuse

whats the tp target ?

Posted by teor cheosoon > 2013-08-16 10:28 | Report Abuse

buy and keep, target is 0.80, cold eye is having this stocks

Posted by Calvin Chong > 2013-08-16 12:13 | Report Abuse

sorry, I'm newbie to this, currently holding L&G, is that means starting from 30/08 i able to buy the ICULS? how the trading is done? need to fill in form or done in the eBroking website?

Posted by air01557 > 2013-08-16 15:56 | Report Abuse

ICULS offer is good - the share should move up soon !

Posted by davidkkw79 > 2013-08-16 16:56 | Report Abuse

compare to HELP iculs, this L&G's one even worth !

Posted by Jyen > 2013-08-16 17:03 | Report Abuse

This counter is very hot today but I am only holding 10,000 units.

Posted by HJey > 2013-08-16 17:12 | Report Abuse

Calvin, I'm not familiar with ICULS. Ask your broker regarding ICULS and the process. You didn't pay commission for nothing

Posted by nicky > 2013-08-16 19:48 | Report Abuse

Has been sleeping since many years ago....

Posted by mtr27 > 2013-08-17 11:54 | Report Abuse

teor cheosoon, if u dont mind, where did u get that TP?

Posted by davors > 2013-08-17 14:50 | Report Abuse

gonna sell half at 0.53 and another half at 0.59... :)
everyone have their own TP... :P