Posted by 21spade > 1 month ago | Report Abuse

Doh brothers collecting in confidence of Quarterly result performance

Posted by sharemarket21 > 1 month ago | Report Abuse

Fact remains past factual. 2 weeks have passed and so far so good. If the lowest point and largest transaction have been fully absorbed and digested, this should turn into middle and long term investment. Invest with confidence. Let's grab the highest yield.

Posted by Mar2083 > 1 month ago | Report Abuse

Potentially may test 1.5 next week

Posted by 21spade > 1 month ago | Report Abuse

Possibility is there of 1.5 today

Posted by Kim > 1 month ago | Report Abuse

Buy

Posted by Kim > 1 month ago | Report Abuse

1.33

Posted by Kim > 1 month ago | Report Abuse

Last ticket =)

Posted by 21spade > 1 month ago | Report Abuse

something brewing

Posted by CharlesT > 1 month ago | Report Abuse

Managing Director of Lagenda Properties, Dato’ Jimmy Doh Jee Ming <拿督卓致明>
commented: “

We are pleased with our performance in the first quarter of 2024. Revenue and
profit after tax grew by 24.7% and 9.0% year-on-year to RM225.6 million and RM42.9 million
respectively. This is a good start to the year and sets the tone for a fruitful 2024 as we look to
increase our momentum over the coming quarters.

Looking ahead, we expect our confirmed sales to grow over the upcoming quarters as we will
ramp up our launches. We had only launched over 500 units in Q1FY2024 and so far as of
May 2024, that figure has now reached over 3,000 units. Our goal is to launch more than 8,000
units overall across Perak, Johor, Selangor and Pahang over the course of the year, which
will expand our presence to five states in Malaysia inclusive of Kedah. This marks a significant
increase from the 3,600 homes launched in 2023 and reflects our commitment to addressing
the growing nationwide demand for affordable housing. To add on, based on our target
launches this year, over 75% of our launches in 2024 will be outside our initial homebase of
Perak. With our proven track record and strong take-up rates to date, we are confident that
the new launches will be well-received by the market.

Our growth plans are backed by our landbank of 5,310 acres which carries a remaining
Gross Development Value (GDV) of approximately RM14.8 billion. We will primarily focus on
capitalising on the demand for affordable housing in Johor, where we currently hold
approximately 1,522 acres, representing 29% of our total landbank. Moving forward, we are
dedicated to further establishing ourselves on a larger scale as the preferred affordable
housing developer for Malaysians. Overall, we are optimistic on our prospects for the
remainder for the year and excited of our future growth in the years to come.

Posted by CharlesT > 1 month ago | Report Abuse

If we apply simple primary school maths:

More than double of houses to be launched this year (8000 houses vs 3600 houses last year)

Sales will be double, so is PAT n EPS n Div.

EPS will be ard RM0.40 n Div will be ard RM0.13 (as I mentioned, simple Maths applied here...)

At Rm1.25 now, PE will be 3+ or DY will be 10%+....So what will be the reasonable price then?

So good ah where to find such a Co in Bursa?

We will see....

Posted by Kim > 4 weeks ago | Report Abuse

Ok selamat jalan @abang_misai =)
Jangan pandang belakang =)

Posted by abang_misai > 4 weeks ago | Report Abuse

alamak. ada gaduh sikit di AGM virtual. macam tak jawab soalan.

Posted by CharlesT > 4 weeks ago | Report Abuse

Ada MACC atau Polis atau Tentera pergi tangkap orang kah?

Posted by SNbright > 4 weeks ago | Report Abuse

Cepat lari kuat kuat, scammerr telah ditangkap

Posted by CharlesT > 4 weeks ago | Report Abuse

Malangnya AGM diadakan secara Virtual...tiada chance untuk pergi makan dan tapao free curry rice....

Sedih...

Posted by anonymouse66 > 4 weeks ago | Report Abuse

rdy pop corn

Posted by abang_misai > 3 weeks ago | Report Abuse

Naseb baik abang sudah jual Lagenda semalam alih dana ke NTPM

Posted by sharemarket21 > 3 weeks ago | Report Abuse

Stabilizing for mid-long term and next Q result. And the arrangement.

Posted by vinc3362 > 3 weeks ago | Report Abuse

https://www.theedgemalaysia.com/node/716900

Posted by vinc3362 > 3 weeks ago | Report Abuse

Northern Solar, backed by Lagenda Properties, files for ACE Market IPO

Posted by CharlesT > 3 weeks ago | Report Abuse

I think some Fund Managers are still dumping their shares while Jimmy and Bros are buying.

Hopefully they can let the Fund Managers regret and buy back their shares at RM1.70 or RM2.00 later, when all the dusts are being cleared, with Q results showing double of profit and div then.....

Posted by kahfui1221 > 3 weeks ago | Report Abuse

MACC probes are over? Time for Lagenda to shoot up ?

Posted by eatsmall > 3 weeks ago | Report Abuse

Habis sudah 1/2 tahun..

Posted by Daily88 > 2 weeks ago | Report Abuse

TOMORROW TERBANG

Posted by jackjason > 2 weeks ago | Report Abuse

the problem is case not yet finalized and how much the possibility compound on Malay reserve land do not know yet.

Posted by jackjason > 2 weeks ago | Report Abuse

it may cause huge amount on land conversion charges

Posted by 10209890691977520 > 2 weeks ago | Report Abuse

Based for my understand. Yes, Malay reserve land havent fix yet. but few point you should know .
1. this case is not direct related to lagenda. Is Perak sell to A company and A company sell to lagenda. A company and lagenda has a same MD.
2.lagenda already announcement not effect to current business.
3. this is 10year ago case, the point is MACC need poof R got recevied fund. This is not easy to poof ,usually ppl direct pay cash.
disclaimer: take you own risk, good luck

Posted by Kim > 2 weeks ago | Report Abuse

Hi =)
To be continue

Posted by Mar2083 > 2 weeks ago | Report Abuse

Potentially may goreng next week

Posted by ttt > 1 week ago | Report Abuse

Why goreng next week ? Good new news ?

Posted by ttt > 1 week ago | Report Abuse

no goreng also

Posted by boringzack > 6 days ago | Report Abuse

just left hand switch right hand to create some volume.

Posted by ronaldotheGOAT > 4 days ago | Report Abuse

many unsolve issue

Posted by ttt > 3 days ago | Report Abuse

they got so many reputable partners, Sime Darby, Selangor Gov ... cant make the issue go away?