Posted by Uniglobe > 2 months ago | Report Abuse

Kiasi peoples please don’t buy this counter.

Posted by commonsense > 2 months ago | Report Abuse

Investors should be careful with this company. The said MACC case with Dato Doh Jee Ming is related to the malay reserve land in the district of Manjung, Perak. Which is also where one of its big project is currently being developed, Bandar Baru Setia Awan Perdana. For sure now that the authorities there would scrutinise any project related to Dato Doh more strictly. I assume this would be the same for projects in Kedah and Johor as well.

Sime Darby jv in Kedah would also be in the spotlight. Not sure if Sime Darby would want to proceed with a partner that is currently being investigated by MACC.

Safer to wait for all the issues to be clear by the MACC.

Posted by CharlesT > 2 months ago | Report Abuse

commonsense

Investors should be careful with this company. The said MACC case with Dato Doh Jee Ming is related to the malay reserve land in the district of Manjung, Perak. Which is also where one of its big project is currently being developed, Bandar Baru Setia Awan Perdana. For sure now that the authorities there would scrutinise any project related to Dato Doh more strictly. I assume this would be the same for projects in Kedah and Johor as well.

Sime Darby jv in Kedah would also be in the spotlight. Not sure if Sime Darby would want to proceed with a partner that is currently being investigated by MACC.

Safer to wait for all the issues to be clear by the MACC.

3 hours ago

Sounds perfect...buy only when all the dust settled...

But what will be the price then? Still Rm1.19? Or back to RM1.70+(b4 the MACC saga), or even higher?

At present price of RM1.19, it has dropped abt 30% from 1.70+ thanks to the MACC.

That's the mkt response on this matter (though it once dropped 50% to Rm0.85+).

What's next?

The worst scenario= It turns to be Serbak 2.0? Or YNH 2.0?? Co go to Holland..suspended n delisted in near future?Boss n his father masuk lokap n entitles to life long free curry rice staying next to Bossku in Sungai Buluh?

Best scenario: Boh tai chi maybe fine some money biz as usual prices go back to Rm1.70+ or even higher

Certainly there is some uncertainty, until n unless this saga is being settled.

For now, those more conservative wanna play safe one Lagenda is not your cup of tea. U can safely put yr money in Maybank enjoying 6% annual return buta-buta....Or if u wanna feel safer can also keep yr money under yr pillow...can smell yr money 24 hours a day

In short yr money yr call. Understand the risk vs reward.

I put some money in Lagenda.

If I make money then I wouldnt buy u chicken rice for sure...If i lose money u can always come to this thread to laugh n tease .....I3 is always a free place...Enjoy

Posted by SS13 > 2 months ago | Report Abuse

Yet there are research houses still recommending the counter.

Posted by SS13 > 2 months ago | Report Abuse

Their external auditors have also not flagged anything in their accounts.

Posted by SS13 > 2 months ago | Report Abuse

Nevertheless good to be cautious and wait until the dust settles

Posted by Kim > 2 months ago | Report Abuse

I agreed with boss @CharlesT.
Own money own risks.

Downtrend? From hit limit 0.80+ till now 1.19 is downtrend? Dont be kidding.

Wait the dust cleared? Then 1.70 want admit its hv been cleared? Dont be kidding kid.

Nextweek 1.40+ then oh yea still not clear the dust. Wait 1.70 then buy.

Cheers on weekend!

Posted by Gggggg > 2 months ago | Report Abuse

Go go lagenda
Hijau sikit2
Hopefully tanco 2.0
Masuk.sikit2 kalau risau..

Posted by Chung > 2 months ago | Report Abuse

買Lagenda的股票有風臉嗎？我覺的有一定的風臉就像玩三張,你拿了一張K牌，笫二張牌拿了一張3点牌，笫三張牌是一張3邊的牌，如果3邊牌是6点或是七点你就嬴錢,不然,一个不好運是8点那你就輸完.

Posted by xxxx > 2 months ago | Report Abuse

This week 1.40 ah? Sure ah? Good lah!

Posted by bryan2003 > 2 months ago | Report Abuse

SERI ISKANDAR, June 9 — The investigation into the fraud involving more than 600 hectares of Malay reserve land in Perak is underway, and more witnesses will be called up, said Chief Commissioner of the Malaysian Anti-Corruption Commission (MACC) Tan Sri Azam Baki.

He said former Perak executive councillors (exco) would also be summoned.

“This is the second stage after a PTG (Land and Mines Office) officer was charged (in April). We are examining the minutes of exco approval meetings, other witnesses, and these exco members. Prosecution will take place soon,” he told reporters after attending the finals of the Higher Education Institution Anti-Corruption Debate Competition at Universiti Teknologi Petronas, here today.

On April 30, a former deputy registrar of titles at the state PTG was charged at the Ipoh Sessions Court for altering the status of 649.2 hectares of Malay reserve land in the Sitiawan subdistrict in Manjung 12 years ago.

Rosli Che Mohamed, 64, was charged with deceiving the Perak Agricultural Land Board and making it believe that the land with property title No PN 174770-174772, No Lot PT 17527-17529 in Sitiawan was not a Malay reserve land through a Perak PTG’s data correction form on March 25, 2011.

A property company managing director was remanded for three days concerning the case but was released on May 30.

According to Azam, the remand order against the managing director issued by the Magistrates’ Court expired; however, an investigation is ongoing.

In another development, Azam said MACC is applying to freeze the bank accounts of three suspects in the RM1.183 million marriage registration bribery case in Perlis, who were detained on June 5.

“...among the suspects are the Perlis Shariah chief registrar of marriages, and we want to find out what has happened to the money deposited into their accounts, where it has been spent, and so on,” he said.

Three individuals, including a senior officer of the Perlis Islamic Religious Affairs Department and an imam of a mosque in Kangar, are being remanded for five days until June 9 to assist in the investigation. — Bernama


Why waste time at such company with uncertainty? Investor should look for good company like ksl.

Posted by CharlesT > 2 months ago | Report Abuse

Though i always make fun on Hng33's chicken rice trading pattern n his unlimited never ending funds in the past, I must say this man did his homework.

Posted by UncleFollower > 2 months ago | Report Abuse

Though i always make fun on Hng33's chicken rice trading pattern n treat him as a counter-trend indicator in the past, I must say this man may be right this time

Posted by questra > 2 months ago | Report Abuse

downhill game is just starting

https://www.malaymail.com/news/malaysia/2024/06/09/malay-reserve-land-fraud-more-witnesses-to-be-called-up-says-macc-chief/138914

Posted by Kim > 2 months ago | Report Abuse

@questra

I see.Thanks

It's easy. Just leave it and dont buy now.
Wait RM1.70 before jump in, or wait RM1.50 at least.
Then come buy and read more and do homework and interpret the chart also.

Posted by hng33 > 2 months ago | Report Abuse

sold at 1.18, swap to EWI

Posted by sharemarket21 > 2 months ago | Report Abuse

Investors always want the safest investment. The actual facts as at now, the stock is tainted and perhaps more investigations and unpredictable outcome. Any further negative news will decrementing the share price. 0.85 is real landing. On the other side, speculations remain strong that it is all settled and 'agreed'. Just be very cautious with both versions. If MACC and authority can clear this company and the directors without further implication, that should be an additional advantage on their business credibility and governance. Otherwise, be prepared to see 0.85 cents again.

Posted by CharlesT > 2 months ago | Report Abuse

CharlesT
Though i always make fun on Hng33's chicken rice trading pattern n his unlimited never ending funds in the past, I must say this man did his homework.
1 hour ago

hng33

sold at 1.18, swap to EWI

40 minutes ago

LOL

Posted by Kim > 2 months ago | Report Abuse

1.17 add is a good buy now =)

Posted by ks55 > 2 months ago | Report Abuse

Compare with Paramount?

Posted by Kim > 2 months ago | Report Abuse

Lets go to the next level =)

Posted by Kim > 2 months ago | Report Abuse

and dont buy. wait at my next level

Posted by Gggggg > 2 months ago | Report Abuse

Hijau sikit2..hehehe tut tut

Posted by Gggggg > 2 months ago | Report Abuse

Hijau sikit2..

Posted by Kim > 2 months ago | Report Abuse

Good morning lagendians,

1.27 first level.

Posted by Gggggg > 2 months ago | Report Abuse

Company director oso add 1.3 million at 1.194...huhuhu...

Posted by bryan2003 > 2 months ago | Report Abuse

suggest you guys have a look at ksl....

Posted by sharemarket21 > 2 months ago | Report Abuse

Track CD closely. Weakening...no signal and still lagend...

Posted by ronaldotheGOAT > 2 months ago | Report Abuse

keep wash !!!

Posted by bryan2003 > 2 months ago | Report Abuse

it is still not too late to look at ksl....

Posted by Kim > 2 months ago | Report Abuse

Dont buy. Wait dust cleared till 1.70 =)

Posted by xxxx > 2 months ago | Report Abuse

The clouds have cleared? Can go climb Mt Everest?

Posted by Kim > 2 months ago | Report Abuse

@xxxx

Announcement. Cloud cleared. Limit UP. =)

Posted by Kim > 2 months ago | Report Abuse

Next level RM1.33 later =)

Posted by Tango123 > 2 months ago | Report Abuse

@ Kim

Cheers to the next level at 1.33

Posted by xxxx > 2 months ago | Report Abuse

Trading pattern does not show real move up. May end up at square one.

Posted by Kim > 2 months ago | Report Abuse

@Tango123

Price up and sour grapes diam =)
Just stay tuned. 2nd waves on setting..

Posted by xxxx > 2 months ago | Report Abuse

Clouds cleared is not good enough. MACC case has to be cleared first. Will this affect the company? That is of utmost importance.

Posted by Kim > 2 months ago | Report Abuse

‘Land being investigated does not belong to Lagenda’

- The 650ha of land being investigated is believed to be the Lagenda senior personnel’s private venture, echoing the property developer’s stance that the company is not linked to the probe.

- According to Lagenda’s 2023 annual report, its unit Taraf Nusantara Sdn Bhd on Aug 9, 2022, bought 422 acres of development/agricultural land in Mukim Durian Sebatang, Perak, from Ladang Awana Sdn Bhd for RM92.40 million.

- Lagenda being asked if the 422 acres purchased from Ladang Awana were part of the 650ha being investigated, a company spokesman replied: “The 422 acres of land which Lagenda acquired is in a different location [Mukim Durian Sebatang, near the Teluk Intan town centre]. It is not located in Sitiawan, Manjung, where they understand the 650ha reported in the media to be located.

- Furthermore, the 422 acres purchased by Lagenda is not designated as Malay reserve land. For completeness, note that Lagenda had engaged an independent adviser and also obtained the requisite shareholder approval prior to the acquisition of the 422 acres. The circular in relation to the transaction would also have spelt out the land’s particulars.

- Also that Lagenda had not sighted or been served with any official document regarding the MACC investigation.

- It should be noted that Jee Ming is a director of Ladang Awana. The group would like to establish that Ladang Awana is not in any way a part of the Lagenda Group of Companies.

Posted by Kim > 2 months ago | Report Abuse

So let's price talk till RM1.70 =)

Posted by sharemarket21 > 2 months ago | Report Abuse

Expected. Let it flow and volume continued to be at the low side and no following up interest. Almost more than a week. Let's get ready for another round entry point 15-20 cents from the recent high. Or even lower. Let's catch the 20 cents margin again.

Posted by ttt > 2 months ago | Report Abuse

any updates from MACC which is not mainstream news ?

Posted by sharemarket21 > 2 months ago | Report Abuse

It's time and let's sail through the storm and get the precious return. 20-30 cents.

Posted by Gentingbig > 2 months ago | Report Abuse

https;//theedgemalaysia.com/node/714074. with its order book of almost RM1B and the fact remain epicon was founded after they acquired KTB only around sept 2023 . Lagenda case happen in 2012 so where is the logic of being push down this way.

Posted by Kim > 2 months ago | Report Abuse

Good morning,

Today move =)

Posted by 10209890691977520 > 2 months ago | Report Abuse

hi all, who attend AGM pls let me know ye. Need assist ask few question to management . tyvm

Posted by 21spade > 2 months ago | Report Abuse

counter still has high price target & buy call

Posted by 21spade > 2 months ago | Report Abuse

30 June is Quarterly report which management is bound to be focusing on. Buy now sell on good quarter result news.

Posted by sharemarket21 > 2 months ago | Report Abuse

Let's go all the way back to recent high or higher...20 cents is a must.

Posted by luckyman > 2 months ago | Report Abuse

It's a good sign to see the counter rising against the broader market which is down this morning