Posted by Johnnys > 2014-07-22 17:33 | Report Abuse

Good Earning $$ again from this counter. Tomorrow push again.

Posted by barbarian > 2014-07-22 17:39 | Report Abuse

Kekekeke.....

Posted by prudentinvestor > 2014-07-22 18:18 | Report Abuse

Very high chance to reach 60 sen in the next few days. Hasn't traded above 60 sen for almost 3 months.

Posted by Pitochu > 2014-07-22 21:28 | Report Abuse

I beginning to see Saturn power.

Posted by raine > 2014-07-22 21:29 | Report Abuse

Barbarian is Pitochu is Saturn. Create so many names.

Posted by Pitochu > 2014-07-22 21:43 | Report Abuse

Saturn can comment on Mkland? Tq

Posted by Pitochu > 2014-07-22 21:46 | Report Abuse

Raine is Garfield hahahaha

Posted by Pitochu > 2014-07-22 21:54 | Report Abuse

Raine you got 1 post. If not Garfield must be Oddie. Hahaha

Posted by dell6400 > 2014-07-22 22:17 | Report Abuse

If break RM0.60 then only can 展翅高飞。。。。else will be just 浮浮沉沉。。。Just my personal opinion.

Posted by barbarian > 2014-07-22 23:25 | Report Abuse

This share has seen rm8.XX before in 1995 and tried revival in 2000

http://www.klse.info/counters/historical-prices/stock/3174/date/2001-08-31/page/54

Posted by iswara > 2014-07-22 23:31 | Report Abuse

history.......i don't think can made 1 more time, the highest maybe around rm1

Posted by Sapphire > 2014-07-22 23:34 | Report Abuse

long term it will reach 0.76 if the two quarter show nice record

Posted by Sapphire > 2014-07-22 23:34 | Report Abuse

juz b patient..

Posted by Sapphire > 2014-07-22 23:35 | Report Abuse

buy call 0.56, 0.565,0.57

Posted by Sapphire > 2014-07-22 23:38 | Report Abuse

let me buy some pls...

Posted by barbarian > 2014-07-22 23:53 | Report Abuse

Agreed iswara.....but have a look at this fact on history
1964 - Incorporated as Nanyang
Subsequently got listed and called General Lumber Bhd
1991 - Change name from General Lumber to L&G Bhd
Before changing name the price was at rm2.xx before
1995 - 4 years after changing name it hit rm8.xx

Fast forward to 2008
2008 - New Management team led by Low Gay Teck a former Project Manager from Mayland join L&G
2014 - 6 years later, reduce rm200 Mil debt to gearing of 0.04 with growth of 3times at topline, bottomline and almost 3 times market cap from rm150Mil to rm400Mil

Moving forward with the muti year revenue generator for Lembah Beringin 2500 acres may move the price to rm 2 again within near future in my opinion.

Posted by barbarian > 2014-07-23 00:15 | Report Abuse

For the 2500 acres landbank has GDV of 100 billion. If taken GDV next year against their current target of market cap 500million it will be 200times. So to develop the landbank over the years may see this reduce from 200times to around 30 or 40times which is at least 5 times lower than 200. So the market cap will have to be at least 5 times more at 2.5 billion. Something to think about if they can reach that market cap without increasing their low gearing may see the price shoot multiple times

Posted by saturny > 2014-07-23 09:22 | Report Abuse

Can it do a 2 million volume fly pass 59cents.....of course it can......all the money I asked you to focus flying into your house and living room,..you have taken a suitcase to buy a car.....still plenty more. Imagine taking those and knowing you can buy anything and go straight pay cash for the 3 millions L&G shrs....
It's your now the shrs and you feel great achievement in your buy today!!

Posted by saturny > 2014-07-23 09:22 | Report Abuse

Feel it....

Posted by saturny > 2014-07-23 09:26 | Report Abuse

Ohhh ratio is more than 36:1 mother lead again. This is big ratio. Son will have to catch up to 4:1 or 3:1.

Posted by saturny > 2014-07-23 09:26 | Report Abuse

Hmmm more like it 10:1

Posted by saturny > 2014-07-23 09:28 | Report Abuse

No big commit yet.....

Posted by Lollipot Anison > 2014-07-23 09:33 | Report Abuse

will only fly when break 0.6

Posted by saturny > 2014-07-23 09:34 | Report Abuse

It's a matter of time....

Posted by saturny > 2014-07-23 09:36 | Report Abuse

Remember no one person can fight the market unless he intends long play with upside. These players focus on penny stocks where more mileage.

Posted by saturny > 2014-07-23 09:41 | Report Abuse

Focus on mother......all your positive energy you sent out is coming back.....

Posted by saturny > 2014-07-23 09:43 | Report Abuse

20:1 now.....

Posted by saturny > 2014-07-23 09:43 | Report Abuse

Son need to catch up....to 4:1 at least

Posted by saturny > 2014-07-23 09:45 | Report Abuse

Seller resistance coming in....however we have loads and loads of money in living room to buy off.

Posted by saturny > 2014-07-23 09:47 | Report Abuse

Remember our positive energy is still coming back......

Posted by saturny > 2014-07-23 09:57 | Report Abuse

Ratio down to 6:1

Posted by breadman > 2014-07-23 10:20 | Report Abuse

4 weeks rules.....enter when break 4 weeks high~ =)

Posted by chloe_ts > 2014-07-23 10:25 | Report Abuse

My painful lesson learned is

FA stock + safety of margin + money + patience + time + more time = building wealth.

hope I don't make same mistake again. =)

Posted by Johnnys > 2014-07-23 10:45 | Report Abuse

saturny what mean of 6:1, 20:1?

Posted by saturny > 2014-07-23 10:49 | Report Abuse

Volume of Mother to Son.

Posted by saturny > 2014-07-23 10:51 | Report Abuse

First half must end with a bang....

Posted by Johnnys > 2014-07-23 10:57 | Report Abuse

son's volume definitely will become lesser and lesser after been converted to mother.

Posted by saturny > 2014-07-23 11:21 | Report Abuse

8:1.....more volume coming

Posted by saturny > 2014-07-23 11:24 | Report Abuse

6:1 here they come...LA do catchup

Posted by saturny > 2014-07-23 11:31 | Report Abuse

Almost 4:1 meet volume to clear hurdle first...

Posted by breadman > 2014-07-23 12:14 | Report Abuse

cannot understand..

Posted by Sapphire > 2014-07-23 14:00 | Report Abuse

must focus all in l&g mother then only can fly..

Posted by Sapphire > 2014-07-23 14:00 | Report Abuse

hard bone at 60 cts blocking

Posted by saturny > 2014-07-23 14:28 | Report Abuse

Today's first half volume taking position. Mother must lead as they are doing. Those not familiar with goalpost and prediction, this is the 101 on it.
Lesson 1 Goalpost and direction of the ball

We all know football objective is to score goals and the target is to put the ball In between the goalpost. Generally I spoke about the opening yesterday which showed a glimpse of a queue at 59cents with a 21.8k buy queue at 8.45am before the opening and stuck on till opening. That was a good signal of how much that needs to be done however the volume of sellers wanting to sell was overwhelming. At 3.48pm when the volume was at 5.8 Mill shr done, I used the. 59 cents target to predict the 8Million shrs at closing and it did hit above 8 Million at 4.30pm however it did not hit 59cents.

How did I do it? Simple at 3.48pm, there were 2.5 Million seller shrs waiting to be cleared to reach 59 cents if buyers commits
Why did I choose .59cents? I chose 59cents because of the morning signal I saw.
Why did it not reach 59cents yesterday? It tried however the mark was determine at 3.45pm on the number of shrs to take upto reach 59cents and the buyer thought the market had settled in however between 3.45 to 4.15pm, more seller decided to drop in and queued at 58 and 58.5cents which the 2.5 million shrs intended by buyer was not sufficient to cover up to 59cents by 4.15pm.

For today look at the buyer and seller for the next lesson
Assuming buyer position is at 59cents and last position is 59cent (buy) with queue volume 300k
Next look at queue volume of buy the next level below. In this case we will say its 58.5cents at 1million shrs at buyers queue while the seller is at 59.5cents at 1.3 Million sellers shrs queue. Watch closely when the 59 cents buyer shrs are cleared which will leave
58.5 cents 1 Million shrs (buy position)
Vs
59.5cents 1.3 Milion shrs ( sell position)

How do you view this?
Again assuming all standing their ground and no one adds at 59cents the 1Million vs 1.3Million can be taken off straight of. What it means is either buyer willing to go up or seller willing to come down. That would determine the direction for today's game. Either way the buyers intent is to buy the volume they intended and even easier to predict if the number of buyers are few. Example 3 buyers queuing buy at 1million each will be holding approx 330k and can easily know the direction.

So what does it tell me for today if it goes up or down?
Honestly it tell the buyers intent. As you can see the volume they are doing is already avg at 2Million shrs per hrs buying/selling pattern. If the intent persist, we should see a closing of at least 10 Million today. Anything less than 10 million would signal the buyers have taken sufficient and have cleared also sufficient of those overhang.
Hence when it crosses the 60cents mark, this should be new sellers or the minority of overhang who bought at 60 cent to above the last round. There should not be a lot of them.

So watch the closing is very important, if they close at 12Million the pace of the buyer increased at 3 million per hrs. This show increase interest. This is the answer for those who always ask why an overbought position is desirable even if price does not go up....

Hope this helps!......

Good luck

Posted by saturny > 2014-07-23 15:21 | Report Abuse

:)...only for those who saw....

Posted by saturny > 2014-07-23 15:25 | Report Abuse

6.5 million to clear to next level.....to big of a volume??

Posted by StevenApr > 2014-07-23 16:46 | Report Abuse

http://www.theedgemalaysia.com/business-news/299913-clarification-lag-working-on-other-forms-of-reward-besides-latest-dividend.html

Posted by breadman > 2014-07-23 17:07 | Report Abuse

thumb up....look forward to the entitlement..

Posted by matrix6050 > 2014-07-23 18:05 | Report Abuse

Saturny bro: Very details explanation and sharing, thank you very much.

Posted by Pitochu > 2014-07-23 19:15 | Report Abuse

Holy cow....what MGO StevenApr??