Posted by johnkiew > 2014-11-27 10:33 | Report Abuse

One year ago, the company have three projects on going, named 8trium, Foresta and Elements Ampang. 8trium already delivery and unbilled sales have fully utilized. And in the past on year, sales recognized from Foresta and Elements. The latest brilliant quarter result is due by the delivered of Elements Ampang (the final 10 to 15% of the 50% GDV).

Thus, with the delayed on launching Tuanku Jaafar in Seremban, the current performance may not sustained. Even the launching of Elements2 in next month may not get the sales to book in next quarter.

20sen eps or 52m net profit per quarter is doubt or unrealistic due to current project left only Foresta. Do not expect brilliant sales in coming quarters like one year ago and disappoint with the slow launching.

Even the sales might not sustained after this quarter, the potential of L&G is bigger than last year, with sitting of 443m and retained profit of 314m, the company can go big. The wild cad for the company in near term are potential MGO trigger by Mayland, or bonus issue in 1Q 2015 with the reserve in hand.

Posted by investor88 > 2014-11-27 11:32 | Report Abuse

L&G is sitting on 440m cash. hopefully they will surprise us by this year end =]

Posted by Lonaldo Lo > 2014-11-27 13:20 | Report Abuse

Contra player for today will be a very good experience for this counter.. with low volume before financial result, that mean no big fish accumulated for join this game, but after financial result come out, market had plenty of share sold to small shareholders n contra player..that mean big fish or other pick low small shareholder previously sold today...beaware n wake up.. price is determined by supply n demand concept..if everbody buy for long term , this counter will be steady grow, but reality is most smallshareholder buy n Hope win 5 to 10% profit within 3 to 4 days, again without big fish support, it will back to square for panic sell in T3 or trap by pick up..financial result doesnt mean will lift up this share, it must be buyer intention more than selling side. Hope contra player will not burn their money after 3 days later...good luck

Posted by YOLOOOO > 2014-11-27 14:55 | Report Abuse

today open high close low again, market sentiment nt good

Posted by notebook > 2014-11-27 15:01 | Report Abuse

element ampang is 50% JV with mayland, so the profit is divided into half , so what if you think about Damansara Forest PH1 all get done , and the profit would be how much.
2011 - L&G + Mayland use RM55M to laund Element@ampang
2014 - L&G + Mayland use RM118M to launch another Element 2@ampang
step by step, keeping busy even market is low

Posted by notebook > 2014-11-27 15:07 | Report Abuse

whole year 2015 15eps is good enough , low liabilities and hold strong cash in hand

Posted by LuvLuv > 2014-11-27 19:04 | Report Abuse

Dear Friends

Each of the stocks have own individual growth level and so do Seal as well.Seal has make me more than 100% in the past one year due to its well selling property projects and the drop in financial performance is expected for the coming few quarters as well.This is because the earnings ability of existing biz of SEAL is not that impressive.So the question of lousy is depends on which stage that we are boat in.If we enter for now,it is obviously.....

Back to L&G,I see there is a chance for the stocks to have 75-100% gain by next Sept as the co ROE is improving substantially.Note,this is my second entry after cashing out with more than 100% within one year.We wait and see.We just made a comparison with titijaya as well as SHL which have similar market capitalization,then we could see some spark.Can our dream realize?we eagerly while also patiently looking forward on that.Cheers

Posted by jfanalytic > 2014-11-27 20:39 | Report Abuse

Good QR results. Looking forward to break 65 cents!

Posted by xcu843 > 2014-11-27 20:53 | Report Abuse

Tomorrow will continue go up 1 or 2 cents. Good luck

Posted by SP0094701 > 2014-11-28 12:49 | Report Abuse

Buying trend is slow down already ....

Posted by bracoli > 2014-11-28 12:57 | Report Abuse

run

Posted by luiluilui > 2014-11-28 14:59 | Report Abuse

prosperous Q result.
read this

http://klse.i3investor.com/blogs/kianweiaritcles/65117.jsp

Posted by valueinvestor > 2014-11-28 21:28 | Report Abuse

要有耐心, 肯定一飞冲天

Posted by luckyman > 2014-11-29 09:56 | Report Abuse

http://www.nst.com.my/node/57409?m=1

Posted by jfanalytic > 2014-11-29 18:37 | Report Abuse

EPS of nearest 4 Quarters
4.04 3.22 4.48 7.92
Assuming they sustain their profit at 4 EPS per quarter and a PE ratio of 6,
The price would be 4.0 x 4 x 6 = 96 cents, with conservative assumption.

Posted by luckyman > 2014-11-30 07:06 | Report Abuse

At 58 sen now, the company is valued at about RM 600 mil based on its market capitalization. However, it has made RM 90mil for 6 months ended 30 Step 2014.
Thereotically, it should have another RM 100mil profit that can be derived from its existing Foresta phase 1 for which the land cost should be very low or cheap. This estimated RM 100mil profit should be recognised and sustain its earnings for the next 3 or 4 quarters.
Moreover, it should launch its Seremban landed development, Foresta phase 2 and The Elements 2 soon next year to sustain its earnings for the next 3 years.
So, this company is at least worth watching as its PE is pretty low and it has good profit growth potential.

Posted by Probability > 2014-11-30 11:19 | Report Abuse

luckyman...Is Foresta phase 2 , profit ~100M, i.e same GDV with Foresta 1?
and what is the Elements 2 GDV?

any other projects in pipeline..?

Posted by xcu843 > 2014-12-01 09:32 | Report Abuse

How come drop a lot ?

Posted by YOLOOOO > 2014-12-01 10:06 | Report Abuse

contra players panic selling today?

Posted by Helen_Woo > 2014-12-01 10:14 | Report Abuse

Undervalued stock that should be collected at this low level

Posted by xcu843 > 2014-12-01 15:20 | Report Abuse

What the hell?

Posted by new_kid > 2014-12-01 15:53 | Report Abuse

damn

Posted by SP0094701 > 2014-12-01 16:31 | Report Abuse

damn ....

Posted by johnte > 2014-12-01 16:32 | Report Abuse

feel happy and collect again.

Posted by johnte > 2014-12-01 16:37 | Report Abuse

cash is king now. 440m cash in hand.

Posted by xcu843 > 2014-12-01 17:12 | Report Abuse

CAsh is king now

Posted by beso > 2014-12-01 17:23 | Report Abuse

europe market drop, us future drop, more downside to come, cash is always king.

Posted by johnte > 2014-12-01 18:26 | Report Abuse

if 0.49 will buy again

Posted by jfanalytic > 2014-12-01 20:33 | Report Abuse

Tech + Oil & Gas gives me heart attack. park money here, safer.

Posted by SP0094701 > 2014-12-01 20:38 | Report Abuse

Haha here also give u heart attack also

Posted by YOLOOOO > 2014-12-01 20:44 | Report Abuse

hapseng more safe

Posted by jfanalytic > 2014-12-01 20:50 | Report Abuse

Though jobstreet provides limited downside @2.65， it has limited upside too. It is too "Safe".

I do have some shares in hapseng. =)

Posted by ExCFO > 2014-12-02 15:57 | Report Abuse

L&G is a safe counter. It is trading below its NAB of 57c with historical yield of 3.77%. It is likely that the dividend will be increased as a result of increase in profit this financial year. Accumulate

Posted by Christine Lee > 2014-12-02 16:15 | Report Abuse

how to defined "undervalue counter"? L&G why been always called so call undervalue counter, reason is no matter how good the results the price still remain same. For any long term investor, first thing to consider is " dividen" , the price will increase proportional with its quarter result when the good news something bonus share, dividen which will attract more investor eyes on this share..this happen such as huayang, oskp, sbc, etc . otherwise it will remain undervalue for long time.. don buy just see the low pe, we know investor had money to bought it, samething big shareholder also plenty of cash 440million...if they don buy, why u move?

Posted by ExCFO > 2014-12-02 16:45 | Report Abuse

Yes I agreed that dividend yield and the NAV are the price influencing factor rather than the PE for a property company like L&G. Notice that I mentioned that it is a safe counter rather than an undervalue counter. In time of uncertainty it is safer to hold on to the shares of a company that is trading below it's NAV with a dividend yield that is higher than the bank. If L&G maintains its increase in profit over the next two quarters, it is highly likely that the company will double its dividend and hence double the yield (from my experience as an ex CFO of listed property companies for 13 years). Hence my recommendation to accumulate.

Posted by Sean > 2014-12-02 17:18 | Report Abuse

accumulated

Posted by jfanalytic > 2014-12-02 18:57 | Report Abuse

I believe one of the reasons why L&G price wont up is due to the issue of ICULS. Some investor don't buy as they worry about the dilution of EPS due to conversion. But L&G has shown good performance n earning over the year despite the dilution. Give some patience, it may go up wildly if the performance is sustained over next two quarters. My two cents.

Posted by Eric Fong > 2014-12-03 05:15 | Report Abuse

Tp0.70

Posted by beso > 2014-12-03 14:48 | Report Abuse

1760 wont hold long...

Posted by xcu843 > 2014-12-03 20:19 | Report Abuse

Market sentiment so weak, how to go up?

Posted by cyphua > 2014-12-04 07:52 | Report Abuse

One year ago, the company has three projects on going, named 8trium, Foresta and Elements Ampang. 8trium already delivery and unbilled sales have fully utilized. And in the past on year, sales recognized from Foresta and Elements. The latest brilliant quarter result is due by the delivered of Elements Ampang (the final 10 to 15% of the 50% GDV).

一年前，该公司有三个项目在进行，名为8trium，Foresta 和 Elements Ampang。 8trium已经交付和未入账销售额已充分利用。而在过去一年，Foresta 和 Elements Ampang进帐到销售额。最新的辉煌季度的结果是，由于由Elements Ampang（最后10％至15％的50％GDV）。

Thus, with the delayed on launching Tuanku Jaafar in Seremban, the current performance may not sustained. Even the launching of Elements2 in next month may not get the sales to book in next quarter.

因此，随着在芙蓉Tuanku Jaafar的延迟推出，目前的业绩可能不会持续。 Elements2即使在下个月推出可能无法进帐到下一季度的销售额。

20sen EPS or 52m net profit per quarter is doubt or unrealistic due to current project left only Foresta. Do not expect brilliant sales in coming quarters like one year ago and disappoint with the slow launching.

20仙的 EPS或5千2百万季度净利润疑，或不会实现，由于目前项目只剩下的Foresta项目。不要指望未来几个季度内会有像一年前一样的辉煌的营业额，并对项目的缓慢推出失望。

Even the sales might not sustained after this quarter, the potential of L&G is bigger than last year, with sitting of 443m and retained profit of 314m, the company can go big. The wild cad for the company in near term are potential MGO trigger by Mayland, or bonus issue in 1Q 2015 with the reserve in hand

营业额在这个季度以后可能无法持续，但L＆G的全年4亿4千3百万的营业额及3亿1千4百万的分配利润
大于去年，公司可以做大。短期内会有可能Mayland发动MGO（Mandatory General Offer，强制性全面收购建议）或在1Q 2015利用在手储蓄发红股。

The recent report has spark my eye as I am anticipated the current quarter will appox RM 20-30m only as I viewed the effects of completion of Elements has been priced in last q,nevertheless,the current result will act as booster for my valuation and a bonus to all of us.Cheers.

在最近的一份报告引发了我的注意是因为之前我看上个季度完成的Elements价格，我预计当前季度将在两三千万利润（实际）。不过当前的结果将是我对这公司的估价推动及对我们大家来说是个奖励。Cheers。

Posted by luckyman > 2014-12-07 18:38 | Report Abuse

Ringgit has depreciated a bit lately due to drop in oil prices & concerns on our economy. So, would people choose to park their money and invest in properties again instead of seeing their ringgit drop in value?? So, Forests 2 may see good response upon launching

Posted by ryansiow87 > 2014-12-08 16:06 | Report Abuse

Why keep additional listing?

Posted by beso > 2014-12-09 00:25 | Report Abuse

to test 0.48 again

Posted by xcu843 > 2014-12-09 17:23 | Report Abuse

Will go below 0.45 this month.

Posted by SP0094701 > 2014-12-09 18:34 | Report Abuse

Yes better drop to 0.3 is make every one is happy low .can buy cheap share

Posted by YOLOOOO > 2014-12-10 02:27 | Report Abuse

will go below 0.10 this month

Posted by Invest123 > 2014-12-10 22:05 | Report Abuse

So good, must have made a lot of money

Posted by bracoli > 2014-12-11 08:16 | Report Abuse

YoLOO so sohai

Posted by YOLOOOO > 2014-12-11 13:10 | Report Abuse

learning them what , so many guru always see u at ** price everyday