Posted by DrPitchard > 2013-08-12 10:13 | Report Abuse

But I'm still in it, since heavy purchase volume by directors in the open market, more often than not, it's a good sign. Well, at least that's what I hope.

Posted by Grandma > 2013-08-12 13:50 | Report Abuse

Grandma like 1.80.

Posted by sifuexperience > 2013-08-12 15:16 | Report Abuse

=D Hope you all earned ur share..

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

hey... wat abt son share?

Posted by stars > 2013-08-12 16:24 | Report Abuse

wow someone been selling mother and son, all the way back down

Posted by DrPitchard > 2013-08-12 19:36 | Report Abuse

Shares buy back of 1,110,000 units, highest ever in the past 1 year. I can only hope that good time awaits

Posted by Grandma > 2013-08-12 22:59 | Report Abuse

Tomorrow will be interesting with the news officially reported of the completion of disposal of 2 assets in China.

Posted by stars > 2013-08-12 23:02 | Report Abuse

bought it at 1.34, just going to wait to see whats their dividend/special div like, future plans etc before deciding whether to sell or hold.

Posted by Muadzam Muzafar > 2013-08-13 12:02 | Report Abuse

is it too late now to enter this counter?

Posted by Superman2 > 2013-08-13 14:05 | Report Abuse

Very solid company but a lot of good news already out but keep and hold for mid n long term is a very good returns.

Posted by Superman2 > 2013-08-13 15:30 | Report Abuse

Going up up on the way to TP of 1.80 he he he

Posted by DrPitchard > 2013-08-13 16:03 | Report Abuse

Sale of the land bank in China is finally complete, for a total consideration of HK$1.65bil, or RM681mil.

That is more than the market capitalization of LBS itself, which is only RM640mil as of today.

Crazy!!!!!!!
Big dividend payout is on the cards.

Posted by Grandma > 2013-08-13 16:49 | Report Abuse

Grandma awaiting 1.80

Posted by steviebull > 2013-08-13 17:04 | Report Abuse

that is a great news DrPitchard.. wheres your source ?

Posted by Superman2 > 2013-08-13 17:04 | Report Abuse

Yes grandma your TP 1.80 is coming very soon. Time to celebrate

Posted by stars > 2013-08-13 17:16 | Report Abuse

steviebull, this was announced in bursa yesterday aftermarket. can search there.

Posted by nicky > 2013-08-13 17:40 | Report Abuse

I bot LBS warrant bo ... Dividend pay out nothing to do with warrant right ?

Posted by Azli > 2013-08-13 22:38 | Report Abuse

Monitor and enter.. I think it will still go up.

Posted by Stockman > 2013-08-13 23:49 | Report Abuse

LBS had completed the disposal of China assets for HK$1.65bil.

LBS Bina may hv a value of RM3.03 a share.

http://www.thestar.com.my/Business/Business-News/2013/08/02/CIMB-Research-sees-more-upside-for-LBS-Bina.aspx

Posted by Tripaka > 2013-08-14 08:47 | Report Abuse

This counter is going to be chased up

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

Fly like an eagle...!!!

Posted by Superman2 > 2013-08-14 09:41 | Report Abuse

Yes yes hi was 1.75 very very near to TP 1.80 loh

Posted by euscilyn > 2013-08-14 09:43 | Report Abuse

Superman2, we may consider to set it on $2.

Posted by Tripaka > 2013-08-14 09:43 | Report Abuse

This share may be played up. No volumes yet. If volumes surge, price will be sizzling!!!

Posted by Superman2 > 2013-08-14 09:45 | Report Abuse

Yes TP rm2 is also achievable price. All the best, euscilyn

Posted by DrPitchard > 2013-08-14 09:45 | Report Abuse

@nicky

Well, dividend pay out actually will affect the warrant. If the dividend pay out is massive, the mother share will adjust accordingly, and that means, warrant price will go down too.

Posted by Lee Meng Fatt > 2013-08-14 11:58 | Report Abuse

LBS BINA GROUP BERHAD ("LBS" OR THE "COMPANY")

DISPOSAL BY DRAGON HILL CORPORATION LIMITED, A WHOLLY-OWNED SUBSIDIARY OF INTELLPLACE HOLDINGS LIMITED, WHICH IS IN TURN A WHOLLY-OWNED SUBSIDIARY OF LBS, TO JIUZHOU TOURISM PROPERTY COMPANY LIMITED (FORMERLY KNOWN AS JIUZHOU TECHNOLOGY COMPANY LIMITED), A WHOLLY-OWNED SUBSIDIARY OF ZHUHAI HOLDINGS INVESTMENT GROUP LIMITED (FORMERLY KNOWN AS JIUZHOU DEVELOPMENT COMPANY LIMITED) OF THE FOLLOWING:-

I. THE ENTIRE ISSUED AND FULLY PAID-UP SHARE CAPITAL OF LAMDEAL CONSOLIDATED DEVELOPMENT LIMITED; AND

II. THE ENTIRE ISSUED AND FULLY PAID-UP SHARE CAPITAL OF LAMDEAL GOLF & COUNTRY CLUB LIMITED,

FOR AN AGGREGATE SALE CONSIDERATION OF HKD1,650.00 MILLION ("DISPOSAL")

Posted by Tripaka > 2013-08-14 12:20 | Report Abuse

Keep flying high like an eagle.... Don't fly low,......sharks preying below.

Posted by DrPitchard > 2013-08-14 13:56 | Report Abuse

@Stockman

It is interesting to note that while many research houses have valued LBS at a certain high price, they themselves haven't placed any Target Price/recommendation on the share. Maybe there are too many unknown factors to it, or maybe because it has been troubled for the past 10 years, that analysts are unsure of what is to be expected.

FYI, it hasn't appreciated much since its IPO 10 years ago.

Posted by Superman2 > 2013-08-14 14:53 | Report Abuse

Nearer and nearer to 1.80 Hi already reached 1.77

Posted by Tripaka > 2013-08-14 15:00 | Report Abuse

Keep flying........

Posted by prinzet > 2013-08-14 15:25 | Report Abuse

steady as she goes

steady as she goes

Posted by steviebull > 2013-08-14 15:57 | Report Abuse

additional 40,000 new ordinary shares of RM1.00 each arising from the aforesaid Exercise will be
granted listing and quotation with effect from 9.00 a.m., Thursday, 15 August 2013.

How will this effect the shareprice ?

Posted by Punesh18 > 2013-08-14 17:29 | Report Abuse

Still can re-enter?? advice pls

Posted by 9696 > 2013-08-14 17:32 | Report Abuse

no more profit margin and more risk if u enter again..

Posted by redbull88 > 2013-08-14 17:33 | Report Abuse

good company for mid to long term investment...more good news coming...please read previous posting on the analysis done....TP 3.00

Posted by Lee Meng Fatt > 2013-08-14 18:09 | Report Abuse

deeply undervalued, its land bank in China and Hong Kong worth more than billions

Posted by Lee Meng Fatt > 2013-08-14 18:11 | Report Abuse

Date of buy back 14/08/2013
Description of shares purchased Ordinary Shares of RM1.00 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 500,000
Minimum price paid for each share purchased ($$) 1.740
Maximum price paid for each share purchased ($$) 1.750
Total consideration paid ($$) 877,603.91

Posted by Abudance > 2013-08-14 18:33 | Report Abuse

Lee Meng Fatt, it maybe deeply undervalued. Company can keep profit of land sold in China and keep money for reinvestment eithout giving to shareholders.

Posted by inwest88 > 2013-08-14 18:44 | Report Abuse

Apparently a director is disposing

Posted by Khong Wei Yap > 2013-08-14 21:55 | Report Abuse

hi inwest88, if you feel uncomfortable when one of the director dispose why don't you trace back how many of them acquire the share and the amount as well

Posted by tigerroar > 2013-08-14 23:07 | Report Abuse

I wish to get more lbs... but too high now to enter.

Posted by Superman2 > 2013-08-15 09:32 | Report Abuse

Euscilyn : Congratulation to u and all the rest as we have achieved our TP of 1.80. Let set a new TP of 2 since it is still in a moving momentum. All the best.

Posted by DrPitchard > 2013-08-15 09:42 | Report Abuse

@inwest88

The news regarding the disposal of shares is by on of the non-executive directors children. Furthermore, that director is not a major shareholder and not related to the Lim family, so I'm not too worried on the news.

Posted by Superman2 > 2013-08-15 10:01 | Report Abuse

Should look at the big picture. When the company buy back n directors bought back, nobody says anything. Just one .... director sold his shares, it becomes a issue

Posted by JIMSENG > 2013-08-15 10:17 | Report Abuse

moving higher again especially son...go..go

Posted by sifuexperience > 2013-08-15 10:27 | Report Abuse

Yup a bit too high already for short term..

Posted by Stockman > 2013-08-15 10:41 | Report Abuse

LBS is cash rich now & can go higher

Posted by sifuexperience > 2013-08-15 11:06 | Report Abuse

I know.. Surely can if you plan to hold it..

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

Indicators are still positive.Even a special dividend will not go this far.
Could be the emergence of a substantial shareholder for value investing. Has a lot of land bank. Moving to more high end development could be a much needed boost. D'Island Residence has done very well.