Posted by martinbartesque > 2016-04-11 21:42 | Report Abuse

It has strong resistance at 1.53. After it breaks & close above 1.53, then only can confirm uptrend is starting.

Posted by Ooi Chia Yee > 2016-04-24 18:02 | Report Abuse

Gl bhd is my first plantation stock when i came across the news about the sales of its plantation.I'm now waiting for its rm750 after the dividend payment on 12/4/2016..I hope gl can make more money cos cash is king,intend to keep gl for a long term.Bravo,best of lucks!

Posted by hcsjeff > 2016-04-24 23:46 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5029985


The Board will distribute the remaining RM0.75 per GLBHD Share after obtaining all requisite approvals for the Proposed Capital Repayment. Shareholders of GLBHD had at the extraordinary general meeting dated 29 October 2015 approved the resolution for the Proposed Capital Repayment. The Proposed Capital Repayment is currently pending confirmation by the High Court for the cancellation of GLBHD’s share capital and the approval/consent of the financiers/creditors of GLBHD, if and where required. Barring any unforeseen circumstances, the Proposed Capital Repayment is expected to be completed by the second (2nd) quarter of the year 2016.

Anyone has any idea on the progress of this distribution?

Posted by riskabsorber > 2016-04-25 14:02 | Report Abuse

just wait another month when the quarterly result has to release before end of May. I think at that time should be announced the date of capital repayment, post disposal results on the balance of cash flow and the current status of property development with Mayor of Sabah.

Posted by ooicy > 2016-05-28 15:09 | Report Abuse

Eps from -0.46 jumped to 38sen with the sale of its plantation...when will the company announce the remaining rm750?haha..cash is king,hopefully the management will utilise the money wisely..A big thumb up for gl

Posted by ooicy > 2016-05-28 15:16 | Report Abuse

with the loss of many plantation stocks,gl is definitely a good choice..BUY

Posted by Rica7894 > 2016-05-29 21:05 | Report Abuse

<<<Cash is King.>>>

-Net cash per share of Rm1.53 represents 108% of GLBHD’s market capitalisation.
-Net assets per share attributable to ordinary equity holders of the parent= Rm3.01.

With Rm1.41 per share you own a cash rich company with net assets per share of Rm3.01 (before capital repayment of RM0.75 per GLBHD share )

Posted by Rica7894 > 2016-05-29 21:09 | Report Abuse

GLBHD will be exciting in the next few months.

Posted by riskabsorber > 2016-05-30 10:27 | Report Abuse

Golden Land has been disposed the plantation land at proper time.

Posted by riskabsorber > 2016-05-30 14:04 | Report Abuse

Just finish reviewed this quarter result, few points would like to highlight
1) Net cash stands at RM 330 mil or RM1.48 per share, which also indicates that after the capital repayment will have 73 sen cash per share in hand.
2) Receivables to be collected RM98.3 mil or RM0.44 per share.
3) Total cash and receivables after capital repayment is RM1.17 per share.
4) Future prospect is to focus develop on its existing land banks to unlock value. The management believes certain property segment can still deliver market acceptance, based on the good locations in the City and affordable pricing strategy. To seize this opportunity, the
Group is targeting to launch the first phase of affordable home at Kota Kinabalu within next financial year. Meanwhile, the Group has planted 2,352 Ha and 50 Ha in Indonesia and Malaysia respectively. The Group continues to expand its oil palm planting area at Kalimantan Timur and Selatan, Indonesia with a target of achieving more than 10,000 planted Ha within next 3 years. With CPO trending upward due to extreme weather pattern, increasing demand from biodiesel initiatives and population increase, the long term prospect for this business is promising.
5) Property and plantation also under bright future prospect. Furthermore, with net cash RM1.17 cash in hand, can easily give another round of special dividend in this coming year end result.

Posted by ooicy > 2016-05-30 14:30 | Report Abuse

tqvm for sharing...dun know gl still have property to be launched

Posted by tomjohor > 2016-06-13 21:08 | Report Abuse

This announcement is dated 13 June 2016.

We refer to the announcements dated 8 June 2015, 22 July 2015, 27 July 2015, 6 October 2015, 29 October 2015, 8 December 2015, 7 March 2016 and 14 March 2016 in relation to the Proposals (“Announcements”), and the circular to shareholders dated 7 October 2015 (“Circular”).

Unless otherwise stated, the definitions used throughout this announcement shall have the same meaning as defined in the Announcements and Circular.

On behalf of the Board of Directors of GLBHD, AmInvestment Bank Berhad wishes to announce that the sealed order dated 18 May 2016 confirming the Proposed Capital Repayment (“Order”) has been extracted from the High Court of Malaya today.

An office copy of the Order will be lodged with the Companies Commission of Malaysia on the entitlement date of the Proposed Capital Repayment, upon which the share capital reduction shall take effect.

Upon the said lodgment, the par value of every ordinary share of RM1.00 each in GLBHD will be reduced to RM0.25 each, whereby the existing issued and paid-up share capital of GLBHD of RM222,912,569.00 comprising 222,912,569 ordinary shares of RM1.00 each will be reduced to RM55,728,142.25 comprising 222,912,569 ordinary shares of RM0.25 each and the authorised share capital of GLBHD of RM500,000,000.00 divided into 500,000,000 ordinary shares of RM1.00 each will also be reduced to RM125,000,000.00 divided into 500,000,000 ordinary shares of RM0.25 each.

Posted by tomjohor > 2016-06-13 21:09 | Report Abuse

$$$ on the way......

Posted by Rica7894 > 2016-06-14 08:22 | Report Abuse

With Rm1.43 per share you own a cash rich company with net assets per share of Rm3.01 (before capital repayment of RM0.75 per GLBHD share ).

Posted by Supertonic000 > 2016-06-14 17:53 | Report Abuse

worth to buy , worth to try...

Posted by 6182al > 2016-06-15 05:24 | Report Abuse

What is the outlook of this share if it's Capital par value is to be reduce from RM 1.00 to .25ct?????. It looks like another run down hil in the making. Asset of RM 3.01 and Cash RICH.!!!!!!! Please Check and CHECK again ratio 4:1, Capital Par Value RM4 to RM1. Asset wise RM12 to RM3. Can anyone please give some advice in this situation !!!!!!!!!

Posted by Rica7894 > 2016-06-16 19:48 | Report Abuse

Capital repayment of RM0.75 for each ordinary share of RM1.00 each in Golden Land Berhad ("GLBHD") ("Capital Repayment").

EX-date: 29 Jun 2016

GLBHD's shareholders whose names appear in GLBHD's Record of Depositors as at 5.00 p.m. on 1 July 2016 shall receive a cash distribution under the Capital Repayment of RM0.75 for each ordinary share of RM1.00 each held in GLBHD on the Entitlement Date.

The trading of GLBHD Shares on the Main Market of Bursa Malaysia Securities Berhad will not be suspended for the purpose of the Capital Repayment. GLBHD's shareholders are not required to take any action in respect of the Capital Repayment.

Posted by Peter Wang > 2016-06-17 10:11 | Report Abuse

Wonder y no fly?

Posted by riskabsorber > 2016-06-17 10:27 | Report Abuse

No worries. You may buy cheaper after dividend ex date which might be lower than 70 sen. After capital reduction of 75 sen, the market capitalization left RM133mil and holding cash 260mil is not possible. Full bullet to buy if lower than 70 sen.

Posted by PenguinDad > 2016-06-21 14:43 | Report Abuse

Will it go into PN17?

Posted by sherrina > 2016-07-22 11:25 | Report Abuse

Hi, have you guys received the capital repayment? payment date was 12/7/2016.

Posted by ooicy > 2016-07-22 13:05 | Report Abuse

yup..received on 12/7

Posted by Tk Lau > 2016-07-30 00:19 | Report Abuse

hi,.. wat business glbhd operated now?

Posted by SharMaster > 2016-07-31 12:10 | Report Abuse

@TK Lau: Properties and Plantation

Posted by SharMaster > 2016-07-31 12:11 | Report Abuse

GLBHD - Good stock and cash rich company

Posted by PenguinDad > 2016-08-23 11:04 | Report Abuse

No more cash after payback.

Posted by Peter Wang > 2016-09-02 12:17 | Report Abuse

should buy?

Posted by ckchan > 2016-10-06 08:41 | Report Abuse

many buyer recently......

Posted by ckchan > 2016-10-06 08:41 | Report Abuse

any good news or signal to buy in????

Posted by riskabsorber > 2016-10-06 10:05 | Report Abuse

Next few year will be positive and focus more on property development.

Posted by ckchan > 2016-10-06 17:41 | Report Abuse

today up 0.12....and is signal to run up? holding this counter since march...

Posted by StephenAlexis > 2016-10-06 21:54 | Report Abuse

we told ya :) awesome counter presented by stockalliance

Posted by promote > 2016-10-06 23:01 | Report Abuse

Charlie's brother missed this great rocks.... hahah BPURI,,, MULPHA

Posted by riskabsorber > 2016-10-07 09:57 | Report Abuse

I personally like the notes 43 Capital Management for GLBHD

43. Capital management

The primary objective of the Group’s capital management is to ensure that it maintains a
strong credit rating and healthy capital ratios in order to support its business and maximise
shareholder value.
The Group manages its capital structure and makes adjustments to it, in light of changes in
economic conditions. To maintain or adjust the capital structure, the Group may adjust the
dividend payment to shareholders, return capital to shareholders or issue new shares. No
changes were made in the objectives, policies or processes during the years ended 30 June
2016 and 30 June 2015.

Posted by crystal168 > 2016-10-07 10:15 | Report Abuse

noted with thanks

"StephenAlexis >>> we told ya :) awesome counter presented by stockalliance
06/10/2016 21:54"

Posted by Profit_Engineer > 2016-10-12 16:08 | Report Abuse

long time sideway. now its time to wake up!

Posted by ngyewchai76 > 2016-10-15 07:59 | Report Abuse

Any good news or plantation pick up ?

Posted by ngyewchai76 > 2016-10-15 07:59 | Report Abuse

What it own now ?

Posted by Ukra > 2016-10-18 15:15 | Report Abuse

riskabsorber Next few year will be positive and focus more on property development.
06/10/2016 10:05

hope positive effect for this counter from budget

Posted by null > 2016-10-29 21:27 | Report Abuse

bullish engulfing...good signal to enter

Posted by husky88 > 2016-11-11 16:23 | Report Abuse

Plantation play now

Posted by Faznizam Abdullah > 2016-11-15 08:47 | Report Abuse

ya buy

Posted by Faznizam Abdullah > 2016-11-15 10:17 | Report Abuse

0.635 d

Posted by husky88 > 2016-11-16 22:55 | Report Abuse

Boom stock soon

Posted by heaven123 > 2016-11-16 22:56 | Report Abuse

I come 2mrw.

Posted by heaven123 > 2016-11-16 22:56 | Report Abuse

Sapu you kau kau.

Posted by Faznizam Abdullah > 2016-11-18 06:37 | Report Abuse

Sapuu

Posted by martinbartesque > 2016-11-21 19:31 | Report Abuse

Earning result is out

Posted by Peter Wang > 2016-11-22 09:08 | Report Abuse

Ppl still buying...why? something happen?

Posted by beige94 > 2016-11-22 09:20 | Report Abuse

Why the stock fell by so much ?