650ha of Malay reserve land price is small potatoes to Lagenda wo. The involved land should have edi built n sold out. It no longer listed in the Annual Report. Wow what should you do if limit down tomorrow?
IB will have a field day today with their IDSS if it's LD. Let's see if the company's UMA responses have any positive impact to stop the drop and regain its ground. Afterall, the company is performing well and given a 'buy' recommendation by at least 4 analysts. The MACC case is pending as the company businesses continue as usual.
Even major shareholder under investigation, but the company other director already take over his role. Lagenda fundamental remain intact, dividend > 7% and valuation PE 4x is super attractive now
Expecting lagenda facing difficulty in getting land approval etc in the future due to this case happening… therefore, hurting its core business, less buyers, less profit, resulting in lesser ROE!
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....
sparta
214 posts
Posted by sparta > 2024-05-29 19:06 | Report Abuse
Limit up =)