Good day Mr.Ooi, I am interested to subscribe under your guidance too, may I know how to go about it? thank you so much.. My email : amd4444@hotmail.com
Good Day Mr.Ooi, I am interested to subscribe under email or blog, may I know if there is any procedure or process i have to go about it? Thank you for your support. My email Address : twchang@yahoo.com Best Regards, David Chang
Baiyuensheng, since u hav subscribed to mr ooi, u should hav more insight than us. Not only mr ooi, many share experts also got recommend this stock. Why it won't fly is because not yet declare dividend...hahahaha.....
Aiya...Baiyuensheng, I think mr Ooi throw already this L&G already as I remember he mentioned in another thread to let go L&G first and concentrate pjdev. ..hahaha...
Posted by Linabee > May 2, 2014 08:29 PM | Report Abuse
Aiya...Baiyuensheng, I think mr Ooi throw already this L&G already as I remember he mentioned in another thread to let go L&G first and concentrate pjdev. ..hahaha...
Ans : I am still holding tight on this stock. I told newcomers to buy PJDev-WC first because it is time for PJDev-WC to move now. I keep L&G-LA as an investment but not trading play. It is the cheapest stock in KLSE in term of PER. Thank you.
Bravo, is there any announcement apart from the quarter result? From the accumulative past quarters, L&G already achieved above 2013 by significant amount.
Hi Barbarian, I keep for long term actually, maybe year end? see how is their project progress and , new director (Low Gay Teck) and mayland.
Their property development for Damansara Foresta start has 4 phases which has GDV in excess of 2 billion, the project can run from 8 to 10 years. the phase 1 is 20% completed with close to 90% of the 928 units have been taken up in 2013. Then the Elements @ Ampang expected completed in 2014 which is 2nd quarter. well, L&G has suffered terrible losses during financial crisis back in 2007, then change management. Low Gay teck only join as MD in YE 2008.Then company start to make money in YE 2009.
Hmm, if can buy cheap, can keep. but I don't know how cheap it can go. Market very bad now :( But i study the annual report, the fundamental is good though.
Lollipot, annual report YE 2013 out liao, auditor is EY. this coming may is just the quarter report, need to see how is their financial performance for the pass 3 months.
Thanks Bravo. Low Gay Teck was from Mayland. There is a possibility of take over because since he came in, the results and initiatives has been very good. At the moment it is I believe in the region of 17+% share by mayland. A long way to go? I think not because it's good to strike when cheap if there are enough projects lined up
No not him, Mayland. Imagine if u as an individual wanted to buy a house or condo, and If developer can guarantee you that the amenities, shops, malls and mrt is confirmed to be build around your future house or condo, you would know you value and even more so if it is completed same time as you purchase. Same example is use for organization intending take over , sees the value of the intended company and in the case of L&G , the projects! GDV and undervalue of the stock.....
Barbarian, yes. There's few downside also need to watch out. 1. they didn't give dividend although cash rich. 2. After LA converted to mother share expired in 2018, mores shares in the market which will diluted the earnings.
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....
pikachu69
1 posts
Posted by pikachu69 > 2014-04-20 15:44 | Report Abuse
Dear Mr Ooi,
I am interested to subscribe. can you send me the details?
thanks.
Email add: jonnyleong819@yahoo.com