Posted by cobra07 > 2014-05-30 09:48 | Report Abuse

pin. wht is it mean?

Posted by Barbarian > 2014-05-30 11:06 | Report Abuse

Pin if true Mayland raised to nearly 35 % could trigger a GO? A GO will be very worth it since it is very undervalued

Posted by Pin Wai Koh > 2014-05-30 12:27 | Report Abuse

this one i also dunno...i just worry may land will convert L&G LA to L&G....

Posted by Barbarian > 2014-05-30 13:18 | Report Abuse

Pin, if they convert and end up 35% and being the single controlling stakeholder! they have to buy out

Posted by Barbarian > 2014-05-30 13:22 | Report Abuse

If logical buy by themselves before any possible happening or rumor of GO then sell back and offer a GO and buy back....sound fantastic looking at the combined volume of 30 Million yesterday

Posted by keelin > 2014-05-30 15:46 | Report Abuse

@Pin,

I'm confuse. What's your worry if L&G insists on the conversation from LA to mother share?
Looking forward to your valuable feedback.

Posted by Pin Wai Koh > 2014-05-31 01:58 | Report Abuse

dear keelin, Mayland is L&G's biggest shareholder, if the project earn money, just afraid like what barbarian say leveraged buyout but the chance is small, however two days ago the volume is too high and the price is not up to expected...i just worry bad thing happe...whether reputation of mayland is good still unknown...so...this is my guess only..i still an newbie in market...

Posted by Pin Wai Koh > 2014-05-31 02:04 | Report Abuse

btw, barbarian what is go?

Posted by Pin Wai Koh > 2014-05-31 02:07 | Report Abuse

dear keelin
Just think what happen if mayland convert 35% of LA to L&G, what heppened to the LA price and what happened to the L&G price? my guess only...

Posted by Pin Wai Koh > 2014-05-31 02:15 | Report Abuse

sorry i think i worry too much...this is from facebook one
闲谈L&G（大股东使出阴谋论后，L&G成了大家遗弃的被低估产业股）
早期现金丰厚的L&G透过发行债卷附加股筹资向大股东mayland买入一栋高达0.7亿的大夏作为投资用途，消息一出导致其股价提提不振
在还未发行债卷附加股之前
大股东持股为17%左右
大股东透过大量购入债卷附加股，使目前持股从17%增至40.1%
为何要发行债卷附加股呢？
目的：为了筹资买入一栋价值0.77亿的大夏
（以L&G拥有超过1.6亿的现金，要买入这栋大夏，更本不需要筹资）
阴谋论：大股东可以透过以廉价方式，subscribe 债卷附加股，使自己持股%增加
毕竟几年后，L&G大量开发目前的土地，业绩大涨，大股东要增持L&G更难
所以来一招偷龙转凤，一举拿下L&G一大片江山
L&G目前
市值：2亿
把L&G LA计算在内
L&G的真真市值为：4亿
GDV：30亿的房地发展项目：
1）100%，damansara foresta，GDV：20亿
2）100%，Tuanku Jaafar Golf and Country Resort (TJGCR)，GDV：6亿
3）50%，element ampangan GDV：7.6亿
4）50%hidden valley，发展2500acre melbourne的土地
看点：
1）L&G拥有1.6亿现金（银行贷款：0.58亿）
2）2500acre 已种植地freehold
3）300acre土地，GDV：30亿
4）从大股东手中买入的大夏，价值：0.7亿
5）2018年，L&G LA到期，L&G将筹得0.77亿现金
6）公司目前尚有8.7亿的unbilled sale
本益比低，现金丰厚
发展总值：30亿的地产，将陆续推出
未来L&G属于高成长阶段
两年内，净利可望突破0.8亿
共勉之

Posted by Pin Wai Koh > 2014-05-31 02:20 | Report Abuse

and i hope i am right this facts is from october 2013

Posted by Bravo > 2014-05-31 08:55 | Report Abuse

Pin, don worry. why so late still doing homework. :(

Posted by Barbarian > 2014-05-31 09:04 | Report Abuse

FYI Low Gay Teck started career in Mayland and was project manager in 1966 there. So in simplicity, L&G is Mayland and doesn't surprise me if officially buy over or direction are all from there.

Posted by Bravo > 2014-05-31 09:08 | Report Abuse

Barbarian, any good fundamental plantation stock recommend for me to study over the weekend? :P

Posted by Barbarian > 2014-05-31 09:11 | Report Abuse

I just bought Thplant after the dividen and it drop to 2.05. I bought because it was after dividen and PO price is down.

Posted by Barbarian > 2014-05-31 09:30 | Report Abuse

What about you Bravo?

Posted by Bravo > 2014-05-31 10:08 | Report Abuse

Barbarian, KFIMA? haha, need study first. haven't buy any yet. =)

Posted by Barbarian > 2014-05-31 10:21 | Report Abuse

Bravo, did you buy EnO?

Posted by keelin > 2014-05-31 12:04 | Report Abuse

@Pin, thanks for your sharing. Much appreciated.

If Mayland converts their LA into mother
=> their holding increase with better profit + better control
=> mother price will be affected in short term, and expect to reduce due to additional number of mother shares
=> LA price will be increased due to smaller amount available, and this will benefits to exiting LA holders because we buy in lower price

What's your opinions?

Posted by Pin Wai Koh > 2014-05-31 12:55 | Report Abuse

you can buy in low price....but i dont encourage you put in all egg in the basket...let say if i got 60k i will split into 3 parts til 6 parts...like L&G (properties), sapura kencana (oil and gas), inari (fibre optic), globetronic (electronic industry), latitud (wood), hupseng (food)...son on so forth...to avoid you lost money in one short, buy pe low, debt ratio low, roe high...these are my indicator

Posted by keelin > 2014-05-31 14:37 | Report Abuse

@Pin,

Again, thanks for your valuable advise. I almost dump everything in property sector.

My prediction is the property market will continue to boom before the GST implementation. Even though the GST does not apply to property purchasers, but it will severely affected developers in terms of costing, and they have no choice but to raise the housing price after GST. Therefore, those smart and prospective property buyers should rush to buy before GST.

Posted by Bravo > 2014-06-01 08:11 | Report Abuse

Morning Barbarian, nope I didn't buy EnO , will keep an eye at it =)

Posted by Barbarian > 2014-06-01 10:02 | Report Abuse

Hehehe. Bravo, you going for Sunday morning Dim Sum?? We can go together with Pin, Lina and Keelin when L&G wake up...

Posted by Linabee > 2014-06-01 12:09 | Report Abuse

Barbarian, thanks for inviting me to ur dim sum breakfast. Hakow siumai chasiewpow....yatloong yatloong lai... Thank u berry much hamchimpeng.... Meanwhile dreaming ur taipow, now can drink 3in1 kopi first....hahaha....

Posted by Barbarian > 2014-06-01 15:31 | Report Abuse

Linabee, Kekekeke dim sum with Ham chim peng....haven't try b4.
Ya lor now 3 in 1 Coffee first

Posted by keelin > 2014-06-01 17:02 | Report Abuse

Ho Ho hopefully we can meal together when L&G awaken :-) have a great Sunday

Posted by Pika Chan > 2014-06-05 01:12 | Report Abuse

We will be looking at 38 sen as pivot now .. to me the chart not looking good

Posted by Barbarian > 2014-06-05 16:27 | Report Abuse

LA just refuse to go 40cents.......is it me ? Jinx??

Posted by keelin > 2014-06-09 21:24 | Report Abuse

Terrible

Posted by Lanjie3 > 2014-06-13 14:13 |

Post removed.Why?

Posted by MegatronDestroyer > 2014-06-13 18:35 |

Post removed.Why?

Posted by kllow > 2014-06-16 11:14 | Report Abuse

Attention to all ! L&G-LA is moving up again ! Cloudy days are over and Sunny days are coming back again !

Posted by keelin > 2014-06-16 16:25 | Report Abuse

Hope today closing can hit at 0.445

Posted by tpchuayap > 2014-06-16 16:38 | Report Abuse

Good luck

Posted by Calvin Chong > 2014-06-16 17:26 | Report Abuse

even though it's not up until hit its top price, but the sudden shoot up make the green mark so tempting...

Posted by Lollipot Anison > 2014-06-16 17:29 | Report Abuse

property stock was in focus again

Posted by Barbarian > 2014-06-18 20:31 | Report Abuse

Calculated since Oct 2013 ard 69Million shares converted to date from the approx 598Million shrs. So 1+1 ie 13cents + 13cents nominal should have exact 598,523,130 + 598,523,130 shrs total if all converted. Assuming at end of June 75 million gets converted and by 1st Anniversary of Oct 2014 since first conversion in Oct 2013 shud have at least 100 million or more converted. This should represent 17% minimum converted in first year. (Technically shud be until end Sep. though)
I am using 20% conversion as bench mark to complete 100% by 2018.

What does it mean if more conversion early?
From my POV earlier means more attractive and slower means less attractive to convert. I think plus or minus 2 to 3 % from 20% shud be ok. However if very little convert, this could mean the mother and son diff of 13cents is minimal or even less than 13 cents diff. And no point converting.
If above happens and they want more to convert which mean paid up capital is achieved, then they must drive a wedge thru and make the diffences larger ie much much greater than 13cents at one point of period to allow it to look attractive and to achieve the objective. My thoughts are the period before the dividend announce will be very key. Because when the dividend is announce, it would have been a second batch of significant conversion.

Hope the above mean something ...

Posted by Bravo > 2014-06-18 22:26 | Report Abuse

Barbarian I understand liao, thank you =)

Posted by Puipui > 2014-06-25 09:53 | Report Abuse

This one recommended by OTB the Great.....his fren who recommended PJdev told himself so. He claim buy 1 million shrs and now all his follower will go Holland and he has disappear. What a dear fren!

Posted by Panda > 2014-06-26 16:20 | Report Abuse

@Puipui whether his follower will go Holland or not we still can doubt him as the result is not shown yet, but as of "he has disappear" thing, it is just because he's not allowed to post his comments in public forums anymore. He still communicating with us, his "followers".

Posted by Bravo > 2014-06-26 17:13 | Report Abuse

winwin, why September? are u still keeping any L&G-LA?

Posted by baiyuensheng > 2014-06-27 11:10 | Report Abuse

panda - kind enuf to share OBT latest view on this L&G - can still hold? thx

Posted by Barbarian > 2014-06-27 14:33 | Report Abuse

kekeke Winwin is actually Tan Sri.....

Posted by LingLing > 2014-06-27 14:39 |

Post removed.Why?

Posted by tpchuayap > 2014-07-02 14:15 | Report Abuse

Get onto the train now...........good luck

Posted by lhoong > 2014-07-03 15:22 | Report Abuse

buy buy

Posted by tpchuayap > 2014-07-04 08:50 | Report Abuse

Happy Trading

Posted by Panda > 2014-07-07 11:40 | Report Abuse

baiyuensheng - he did not write up on this L&G-LA, but he still put this on watchlist.

Posted by baiyuensheng > 2014-07-07 13:55 | Report Abuse

thx panda

Posted by Calvin Chong > 2014-07-09 11:10 | Report Abuse

anyone has converted their LA to mother yet?