Posted by sephiroth > 2014-07-30 15:58 | Report Abuse

can't convert online, must fill up the form, page 3, (A) debit yr loan stock, (B) credit mother shares

Posted by TanDavid88 > 2014-07-30 16:03 | Report Abuse

Mr Ooi's pick is correct again. Buy and hold for 2 to 3 months to win big is his strategy.

Posted by zelmel > 2014-07-30 16:18 | Report Abuse

So mean no matter what price we buy just add extra 13 sen for the amount we buy?

Posted by wwwcomment > 2014-07-30 16:21 | Report Abuse

i think is like this: now the price is 0.48, so total cost incur is 0.48+0.26 to get one mother share?

Posted by sephiroth > 2014-07-30 16:22 | Report Abuse

yup, even u buy now at 0.49 (+0.13) vs mother share price, sudah untung kaw kaw mah but only downside 8 working days to convert

Posted by wwwcomment > 2014-07-30 16:23 | Report Abuse

what is the meaning of "by surrendering RM0.13 nominal value of ICULS"?

Posted by wwwcomment > 2014-07-30 16:29 | Report Abuse

my understanding is price of ICULS cut by 0.13 and on top of that pay another 0.13, so total 0.26? sorry i am confused.

Posted by sephiroth > 2014-07-30 16:36 | Report Abuse

very simple, just pay RM130 to convert 1,000 loan stock to 1,000 mother share

Posted by JXRepcoBuffet > 2014-07-30 16:53 | Report Abuse

a lot of ppl confusing now... all just follow sephiroth, he is right. Just RM130 for each LA u bought.

Posted by dukuking > 2014-07-30 16:56 | Report Abuse

y la only 50cents,n mother up to 0.675,[0.50 +0.13 =0.63],hope tomorrow is the show for la

Posted by tjhldg > 2014-07-30 17:48 | Report Abuse

kikikikiii

Posted by dukuking > 2014-07-30 20:01 | Report Abuse

买一张la0.50加0.13可以换一张价值0.68的母股，超划算

Posted by jian9009 > 2014-07-31 07:59 | Report Abuse

yup you are right ^^ .... but have some difficulties to convert it .... need to fill up a form and then send it .... cost your time

Posted by Ravi Kumar > 2014-07-31 08:20 | Report Abuse

This is a real undervalued counter with potential to hit 1.20++++ easily by year end.

Posted by investor88 > 2014-07-31 08:56 | Report Abuse

Norwegian fund Noges allots RM800mil to invest in Malaysian small, mid-cap stocks

http://www.thestar.com.my/Business/Business-News/2014/07/31/Norges-allots-RM800mil-for-small-midcap-stocks/

Posted by tanyuethan > 2014-07-31 09:02 | Report Abuse

i converted earlier. didnt receive the dividend oso

Posted by JXRepcoBuffet > 2014-07-31 14:39 | Report Abuse

if i don't convert, and if there's any bonus issue, this LA will be adjusted accordingly or not?

Posted by Ravi Kumar > 2014-08-01 10:56 | Report Abuse

To those who sold thank you very much I collect.

Posted by stockguru > 2014-08-01 13:00 | Report Abuse

Bravo to L&G stock !

Posted by Ravi Kumar > 2014-08-01 13:03 | Report Abuse

Undervalued and not speculative!!!!

Posted by Ravi Kumar > 2014-08-01 14:34 | Report Abuse

This is worth at least 55 sen based on the mother share of 68 sen

Posted by Gji Gan > 2014-08-11 11:19 | Report Abuse

Come on 0.55, jalan jalan ,kikikii

Posted by Lollipot Anison > 2014-08-11 15:55 | Report Abuse

just submit my conversion form

Posted by Lollipot Anison > 2014-08-12 15:04 | Report Abuse

hot cakes now

Posted by Gji Gan > 2014-08-12 16:17 | Report Abuse

Gogogo

Posted by Lollipot Anison > 2014-08-13 00:21 | Report Abuse

standing at all time high. tml will retest 55

Posted by Gji Gan > 2014-08-13 09:14 | Report Abuse

Gogogo 0.55

Posted by fishbone > 2014-08-18 00:23 | Report Abuse

I've been holding it since the first day it's launched

Posted by Lollipot Anison > 2014-08-24 22:41 | Report Abuse

what is this loan stock interest?

Posted by beso > 2014-08-25 17:57 | Report Abuse

1%

Posted by andyhard > 2015-01-22 09:44 | Report Abuse

L&G-LA going to burst

Posted by tssl74 > 2015-04-21 09:57 | Report Abuse

dear all,
any update for L&G-LA?
hold for quite long.
Worth holding?

Posted by wcw1985 > 2015-06-25 11:56 | Report Abuse

a dead stock. keep on dropping. no volume. although cash rich but couldnot perform. useless.

Posted by leslieroycarter > 2015-10-20 12:28 | Report Abuse

iculs exercise price is 26c + current market price 29.5c =55.5c
mother share 43c
over-value by 12.5c, right?
so , iculs shall trade 12.5-13c to break -even, right ?
if wrong, please correct...

Posted by chinesetehping > 2016-09-20 22:35 | Report Abuse

Hai, can anyone explain to me why the exercise price is RM0.26, Last time it was RM0.13. assuming i convert the warrants RM0.2859(current market price) +RM0.26 (exercise price) = RM0.545 (currently the ordinary share is RM0.435).
is it overvalued by RM0.11 ?

Hope to get a solid explanation from this. Thanks

Posted by huat888 > 2016-09-21 10:42 | Report Abuse

Hi! Wrong interpretation, friend!
CorrectICULS exercise prise is rm0.26. However ICULS issued price is rm0.13 itself, So just add rm 0.13 to convert. As. ICULS at rm0.13 + rm0.13 = exercise price.rm0.26.

Posted by valueinvestor > 2016-09-22 22:30 | Report Abuse

There are 2 choices or methods to convert the ICULs which were issued at 13 sen per ICUL in 2013:-


1. Surrender One ICUL plus 13 sen cash in exchange for One share, or
2. Surrender Two ICULs in exchange for One share. (no need to pay anymore cash)


So, just convert the ICULs under Method 1 when the ICULs are traded above 13 sen in the market.

If the market price for the ICUL drops below 13 sen, then use Method 2 to convert.

Unfortunately, a lot of people may have thought that the ICUL holder has to surrender One ICUL plus 26 sen cash to convert into one ordinary share. This partly explain why the ICULs always trade at a discount in the market. The conversion price of 26 sen published in the newspapers without detailed explanation has confused or misled a lot of people to simply sell or throw the ICULs at below the intrinsic value.

Quite pitiful though.

The ICUL holders should convert the ICULs first and then sell the converted ordinary shares which should fetch a better price based on the last 2 years scenario since the ICULs have been mostly under-priced.

Posted by chinesetehping > 2016-09-23 00:46 | Report Abuse

Thank you huat888.
Thank you valueinvestor for the detail explanation. :)

Posted by chinesetehping > 2016-09-23 01:30 | Report Abuse

Another question for valueinvestor. So, using method 1, if i convert my ICUL now by adding the extra RM0.13, (0.28+0.13= 0.41) current mother share is RM0.44. (i earn RM0.03?)

using method 2, surrender two ICULS in exchange for mother share (0.28+0.28 = 0.52), (lose RM0.08??)

Posted by Eric Fong > 2016-09-23 01:45 | Report Abuse

To convert to mother share, there are 2 option:

1) 2 ICULS change for 1 mother share
or
2) 1 ICULS + RM0.13 for 1 mother share

Posted by Eric Fong > 2016-09-23 01:45 | Report Abuse

ICULS now is RM0.28 + RM0.13 = RM0.41
Worth to buy and convert now.

Posted by tssl74 > 2016-11-03 10:13 | Report Abuse

L&G-LA kept dropping.
What is the next best step of action????

Posted by luckyman > 2017-04-02 13:43 | Report Abuse

The issue price of the ICUL was 13 sen. Previously one needs to surrender one ICUL plus 13 sen cash to exchange for one ordinary share when the conversion price was 26 sen.

Now the conversion price will be reduced to 20 sen but the issued price of ICUL remains at 13 sen due to the impending rights issue of the mother share. Hence, going forward, one will have to surrender 1 ICUL (issued price @ 13 sen) plus 7 sen only to exchange for one ordinary share after the ex-date for the impending rights issue for the mother share.

Therefore, the upside will be good when the mother share starts to rally in the second half of 2017.

Posted by luckyman > 2017-04-20 22:16 | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=179662&name=EA_DS_ATTACHMENTS

Posted by The_Reds > 2017-05-05 22:43 | Report Abuse

Luckyman..can i buy it on9 and convert ?

Posted by tssl74 > 2017-06-08 16:35 | Report Abuse

Luckyman, have you convert?
if not, when is the best time to do so?

Posted by luckyman > 2017-07-10 11:59 | Report Abuse

http://klse.i3investor.com/m/blog/www.eaglevisioninvest.com/127412.jsp

Posted by Steven Yit > 2017-12-04 16:38 | Report Abuse

If buy now 0.15. How to calculate chg to mother share

Posted by kilrathi > 2018-04-06 00:38 | Report Abuse

Any updates on l&g-la? Price keeps down..??

Posted by Hitto > 2018-06-28 11:57 | Report Abuse

Anyone know how to fill the conversion form?