L&G (3174) Overview - LAND & GENERAL BHD

Any counter that Tua Pao has bought heavily and ready to promote to innocent investors is a good counter. Only he is capable of making money from the stock market.

2024-08-06 10:09

talam is a contender for pn17
asset rich but loss making
will eat into the nta yr after year

2024-08-06 10:19

dompeilee

Calvin the Jurong west government housing-dweller & stock hot-air-blower promoting his TSH, rsawit, talamt 24hours/7 days a week all still CANNOT withstand mkt swoon !🤣

Took advantage of the said mkt swoon to add to my L&G holdings!

2024-08-06 10:39

talam, no way
even late founder cant turnaround

2024-08-06 15:13

Someone who mostly invests in speculative counters and promotes them to others can't be a trustworthy person.

2024-08-06 16:26

Talam is one of the worst counters listed on Bursa Malaysia and yet this fellow has the cheek to recommend it to others.

2024-08-06 16:31

dompeilee

Not to mention the CHEEK to spam multiple other stock forums with his endless, upchuck-worthy promotions of dubious speculative stocks.

2024-08-12 07:34

Hound this clown of immediately should he ever return to this forum again to create problems. He has already made TSH forum his permanent home.

2024-08-12 20:35

Made several weak attempts to move up but failed. Has been stuck at around this level for more than one year already.

2024-08-20 11:28

prudentinvestor, don't worry...
just keep it for the Dividend Payment Date: 18 Oct 2024 which is less than 2 months time from today date !
it's dividend rate is 0.7 sen per ordinary share !
If you bought L&G at @0.135 you will get a return(dividend) of around 5.2 % in less than 2 months time !

Heng ah, Ong ah, Huat ah !

2024-08-20 12:05

RInvest

as expected .. range at 13-13.5 .. kudos to those who top up when it dipped 2 weeks ago

2024-08-21 08:07

KikoBny

yield is 5.3% great

2024-08-21 08:55

calvintaneng

please do think very carefully

see two macro picture

1. In Peninsular (West Malaysia )

there is a 52% diesel price rise

as such all industries will be impacted by a corresponding rise of 5% to as high as 30%

these will see higher cost

1. property
2. construction
3. construction material
4.logistic that send goods by lorry or ships

5. consumer food and drink which are bulky

6. Toll road owners
as lorries now see higher operation cost by 52% they will make less trip so less collections from till

others

2. By Nov 2024 if Trump gets elected he will impose 10% tariff (tax) for all and for China it will be 60% tariff

so all industries related to export to USA will be hit

two things will hit all

a universal price rise caused by rise of diesel 52%

a universal tariff by USA from 10% to 60%

that is why it is of utmost safety to go invest in East Malaysia stocks which got no 52% diesel rise there

and palm oil export is more to India and China (not USA)

2024-08-23 10:41

seriously, L&G should branch out in education biz, replicate same business model
then list in ace market for funding

2024-08-28 08:34

RInvest

Data centre is another possibility

2 months ago

Superb Good news, the dividend payment has been Accepted/Approved on today's AGM Meeting !

GENERAL MEETINGS: Outcome of Meeting(LAND & GENERAL BERHAD)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482502
Ordinary Resolution 1: To declare and approve payment of a single tier final dividend of 0.7 sen per ordinary share in respect of the financial year ended 31 March 2024.
Result: Accepted/Approved
Date Announced: 10-9-2024

2 months ago

Dividend Payment Date: 18-10-2024 which is around one month to go !

Heng ah, Ong ah, Huat ah !

2 months ago

spectre007

KUALA LUMPUR: Property developer, Land & General Bhd (L&G) plans to launch U10 Aria Rimba, a new township project in Shah Alam, with a total gross development value (GDV) of RM2.4bil next year.

Managing director Low Gay Teck said the project will be developed in six phases.

Speaking after the company’s AGM, he said phase one entailed the construction of 150 units of terrace houses with a GDV of RM113mil.

Low said the group also planned to launch 1,008 units of high-rise service apartments in Sri Damansara Club in 2025, with a GDV of RM621mil.

ADVERTISING

Additionally, it aimed to open for booking 602 units of affordable service apartments, Kamelia @ Bandar Sri Damansara with an estimated GDV of RM156mil, by year-end.

The group posted a lower revenue of RM216.63mil for the financial year ended March 31, 2024 (FY24), a 13% drop from a RM249.18mil in FY23. — Bernama

2 months ago

Dividend exDate on 2nd Oct 2024 (Wed). If bought on Monday, T2 is Wed. Still entitled meh?

2 months ago

TheContrarian

@theyoungman, yes.

2 months ago

Guys, just for your info:
1)if you bought at @0.13 return rate is 5.4 %
(Bank FD one year rate is 2.5 %, so it’s more +2.9 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

2)if you bought at @0.135 return rate is 5.2 %
(Bank FD one year rate is 2.5 %, so it’s more +2.7 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

3)if you bought at @0.14 return rate is 5 %
(Bank FD one year rate is 2.5 %, so it’s more +2.5 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

4)if you bought at @0.145 return rate is 4.8 %
(Bank FD one year rate is 2.5 %, so it’s more +2.3 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

5)if you bought at @0.15 return rate is 4.7 %
(Bank FD one year rate is 2.5 %, so it’s more +2.2 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

6)if you bought at @0.155 return rate is 4.5 %
(Bank FD one year rate is 2.5 %, so it’s more +2.0 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

7)if you bought at @0.155 return rate is 4.4 %
(Bank FD one year rate is 2.5 %, so it’s more +1.9 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)

So, buy L&G at the low low price of 0.13, 0.135, 0.14, 0.145, 0.15, 0.155 & 0.16 is definitely a superb good value buy for L&G shares !

Heng ah, Ong ah, Huat ah !

2 months ago

And L&G every year also will giving dividend and is on the increasing rate, last year is 6 sen per one share, this year is 7 sen per one share, next year maybe is 8 to 10 sen per one share!
So, return rate may higher year by year !

So, do u agree put all your monies to buy L&G shares and keep is better than put all your monies in FD to get such a low low return? (And if count on you bought L&G share price at low price and it’s price increase to record high price, such a increase price value if count as a plus value then buy L&G shares is definitely more better choice than keep it in FD !)

Heng ah, Ong ah, Huat ah !

2 months ago

Ya. 0.6c & 0.7c is a lot. 5% 6%.
Having said that, some investors bought when below 0.10, 0.7c is 7% ROI already if continue to stay put.

2 months ago

Next yr dividend 8ct

2 months ago

Faisal, 0.8sen ba. If 8sen, I sailang liaoo

2 months ago

hahaaha, 0.8cts

2 months ago

0.7 cents dividend rate(Currently return rate is 5.2% if you bought it now at @0.135) can consider quite high already if you compared with bank's FD 2.5% per year !

Let say is you invested now by buying at the price of @0.135 for 300,000 units for RM40,500
then you already can get the return for the dividend of => 300,000 / 1,000 * 7 which is=> RM2,100
on 18-10-2028 in your bank account (Which is less than one month time only) !

if let say next year dividend rate is 0.8 cents,you will get=>300,000/1,000 * 8 which is=>RM2,400 (ret rate=5.9 %)
if let say next year dividend rate is 0.9 cents,you will get=>300,000/1,000 * 9 which is=>RM2,700 (ret rate=6.7 %)
if let say next year dividend rate is 1 cents,you will get=>300,000/1,000 * 10 which is=>RM3,000 (ret rate=7.4
%)

And don't forget the share value appreciation also, if it's share price when you bought it at today low price of @0.135 then if it's price increase to @0.15 , @0.25 or @0.35 and above then your return might be even more damn higher than your current return rate which is already at least double than you keep it in FD's return already !

2 months ago

RHB investment bank has buy calls on many property counters. Unfortunately they didn't cover Land & General.

2 months ago

XD on 2Oct2024 next Wed.
Bought today, still CD ya?
If buy tomorrow, Friday, T2 will be 1Oct, still entitle CD ya?

2 months ago

Ex dividend is on 2 Oct. If you buy the counter any day before the ex div date you are entitled to the 0.7 sen a share dividend.

2 months ago

@Pru, thanks for clarification. So, 30 Sep and 1 Oct also entitled for CD.

2 months ago

dompeilee

Grabbed the last chance earn more dividend income yesterday by buying at the 13c close, my holding now at 92,000 shares. A type of FD! 🤗

1 month ago

oh, 18oct can get out FD divdend liao.
Payment Date 18-Oct-2024

1 month ago

Wow, big dumping 0.12

1 month ago

RInvest

KLSE looks like bleeding today .. Budget week .. Up or Down

1 month ago

$$$$ came

1 month ago

Usually budget...
Buy on rumours
Sell on facts
Before budget, mkt stable despite DOW n Nasdaq break record high. Post budget, how to rally? There is no reason for upside yet except Johor development catalysts?

1 month ago

6%-7% yield, not bad

1 month ago

Strong buyers emerge again 0.12 after they sell down from 0.125. wow. The rich Become richer.

They r actually earning 5% x 2...

1 month ago

yeah, better sell at 13cts and buy back at 12 cts. higher return than 0.07
probably around 0.093

1 month ago

pandai bang。。。

1 month ago

Waiting for u with patience

4 weeks ago

L&G's first quarter earnings was much better than the corresponding period last year. At 12sen a share and assuming the final dividend is maintained at 0.7sen a share, its dividend yield works out to almost 6% or more than twice Maybank's 12 month fixed deposit rate.

3 weeks ago

0.12 is fishy. Huge sell down 0.12 then eat up on next day. Comm is cheap, so siok doing that.

1 week ago