Kudos to those who SOLD 1.43 and above ! Hopefully it can go all the way to where it belongs. Otherwise, let's be patient for 1.30 range by any chance.
Doesn't the company have to make some regular update on any further development on the following adverse matter, like PN17 classification? No update for such a long while.
A likely focus to aid homeownership would positively impact almost all property developers, UOB Kay Hian analysts including Vincent Khoo wrote in a report this month. Builders with large exposure to first-time homebuyers and affordable houses like Lagenda Properties Bhd (KL:LAGENDA) and Mah Sing Group Bhd (KL:MAHSING) will be key beneficiaries, amid expectations for more initiatives to help the low- to middle-income groups with improved financing schemes and stamp duty exemption.
Most counters that had issue with MACC has faced difficulty in moving back up to initial high. They will need something really solid to gain back investor confidence in the stock. And not to forget there are many other safer high potential property stock available. For those willing to hold long term maybe next year Lagenda can attain back its high position
Lagenda latest 9 months financial statement till September 2024 show good performance. EPS for cumulative 9 maths is 16.52 cents above 2023 (13.29 cents). Dividend yield 4.89% at 6.5 cents. Net asset per share RM1.44 more than current share price.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Kikilala3188
78 posts
Posted by Kikilala3188 > 2024-09-19 21:43 | Report Abuse
With Northern Solar approval, can unleash Lagenda valuation to min RM 1.60
Handsome profit