LAGENDA PROPERTIES BERHAD
KLSE (MYR): LAGENDA (7179)
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Last Price
1.28
Today's Change
+0.01 (0.79%)
Day's Change
1.27 - 1.30
Trading Volume
1,575,500
Analysis
Price Target
A price target is an analyst's projection of a share's future price.
Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.
Last Price
1.28
Avg Target Price
1.85
Upside/Downside
+0.57 (44.53%)Price Call
0
SELL
1
HOLD
16
BUY
| Date | Open Price | Target Price | Upside/Downside | Price Call | Firm | View | Action |
|---|
Discussions
12 people like this. Showing 50 of 9,442 comments
https;//theedgemalaysia.com/node/714074. with its order book of almost RM1B and the fact remain epicon was founded after they acquired KTB only around sept 2023 . Lagenda case happen in 2012 so where is the logic of being push down this way.
1 month ago
hi all, who attend AGM pls let me know ye. Need assist ask few question to management . tyvm
1 month ago
30 June is Quarterly report which management is bound to be focusing on. Buy now sell on good quarter result news.
1 month ago
It's a good sign to see the counter rising against the broader market which is down this morning
1 month ago
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.
1 month ago
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.
1 month ago
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....
1 month ago
Malangnya AGM diadakan secara Virtual...tiada chance untuk pergi makan dan tapao free curry rice....
Sedih...
1 month ago
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.....
1 month ago
the problem is case not yet finalized and how much the possibility compound on Malay reserve land do not know yet.
3 weeks ago
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
3 weeks ago
they got so many reputable partners, Sime Darby, Selangor Gov ... cant make the issue go away?
1 week ago
Posted by yewyin33 > 1 day ago | Report Abuse
I sold all my KPP shares because of the Redeemable Convertible Preference Share (RCPS). Koon Yew Yin
4 days ago
https://klse.i3investor.com/web/forum/forum-thread/608917349
Posted by yewyin33 > 1 month ago | Report Abuse
I have more than 2 million Lagenda shares. When the MD of Lagenda was remanded by MACC the share price plunged from Rm 1.72. When he is released, the share price rebounded. Can this bad news affect the business of company? Will the share price go up to above Rm 1.72? Koon Yew Yin
4 days ago
https://klse.i3investor.com/web/blog/detail/koonyewyinblog/2024-06-17-story-h-158930859-Property_Stocks_Comparison_Koon_Yew_Yin
Lagenda is his No 3 choice in Property.
He sold his No1 Property Co, KPP.
He bought his No 2 Property Co KSL at lower price earlier and should be selling it now I guess.
So I think he is buying more Lagenda now
4 days ago
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It's time and let's sail through the storm and get the precious return. 20-30 cents.
1 month ago