Directors/management take own sweet time to dispose remaining assets to continue enjoy fat directors fees at the expense of minority shareholders !!!

I'm member (membership is free) and u can call them at 03-20709090 to get more info on L&G special forum and others like membership etc

Minority Shareholder Watchdog Group is holding a forum relating to L&G proposals on 14 March at 3.30pm in its KL office (Tel No. 03-20709090). If can, please attend to get the necessary advice to protect your interests !!!

yes, reject all the resolutions to protect the interests of all minority shareholders !!!

keyin, u mean u know the existing directors/management or those people from the new substantial shareholder ie. Elite Cosmo Group Ltd from Singapore ?

not too bad despite losses still can maintain price now !!! Is this due to new management/shareholders ?

Grossly underpriced counter with NTA RM1.29 n decent profit record but no dividend, cash rich YTL group should copied what Goldis done to IGB n offer a good takeover price for long suffering minority shareholders to exit YTL Land !!!

how do u know/judge the new management/shareholders r stupid when they r still new ?

follow the style of hubline ? and/or Holland !!!

Excellent & TQ Kelvin !!! But note that this is Bursa normal standard reply n need a lot of follow up effort

Also ask Tanco &/or Bursa to explain how they arrived at an offer price of 8.12 sen and not the ICULS converson price of 20 sen !!!

Kelvin, u may got a point on this matter if the takeover offer is triggered by the ICULS conversion !!! if can, U should report it to Bursa ASAP

goldentriangle, if hubline shares closed at 13 sen tomorrow mean it down by -7 sen not up +3 sen as the starting reference price tomorrow is 20 sen !!!

Finally some sparks ?

net asset per share 45 sen but takeover price only 8.12 sen ?

May or may not actually done at 20 sen n 10 sen respectively when market start actual trading on 13 February as they are only the pre-opening reference price. Anyway, it is quite an encouraging starting reference price for the time-being !

shares consolidation date 20 to 1 x-date on 13 February, good or bad ?

Any good news coming ?

Happy Birthday Uncle Koon & God blessed you Always !!!

Waiting for 'White Knight' !!! Till then still sleeping !!!

provided there is no hanky panky !!! n the main question is to wait how much longer

With new major shareholders/management, time to wake up !!!

recovery ? any good news ?

Double10 good, we r in the same wavelength, pray also that the proposed restructuring is successful as the reward will be very much higher !!!

It is also worthwhile to note that the LA can be converted into the ordinary shares at the option of holders on a 1 to 1 basis with no further cash outlay from 26 March 2017 onwards !!!

It is also worthwhile to note that the LA can be converted into the ordinary shares at the holders' option on a 1 to 1 basis with no further cash outlay from 26 March 2017 onwards !!!

hope he sell not due to margin call !!!

all these computations are based and subjected on a successful restructuring exercise as proposed previously. If not, is not valid. It is a high risk and much higher returns bet and as a PN17 counter with huge losses it is not for the faint hearted and buyer should be aware of the risk of losing everything but gain manifold if the proposed restructuring is successful !!!

May be in vain but no harm trying. Investors 'People' power, Hope Bursa/SC punished those conmen if can

Do you mean the External Auditors are also lying about the cash in the Audited Accounts or there is some other fishy matters the public don't know or the 'cash' is like 1MDB units in Singapore ?

Excellent & TQ Sslee, show those crooks from China that Malaysian Investors can't be easily cheated and bullied. Hope Bursa/ SC will act quickly to protect investors and punish those crooks severely

TQ. Agreed but subject to the proposed restructuring is successful within the timeframe to rectify its PN17 status. Due to the huge losses suffered over the years, although the risk is high but the potential reward is much higher than the risk. Something like bet RM1 can win RM7 at today LA price against the mother share price !!!

Cheapest non PN17 share counter @0.005 sen always !!! no more downside, he he

Jammed again ???

most O&G counters have similar price trend, hope oil price recovers faster soon, maybe by next year !!!

Has a good look now at Perwaja-LA maybe just for trading purposes. Any kind person can help or comments on this Loanstock as compare to the mother shares ?

Sudden surge in volume for past 2 days ! Something happening, any news ?

Buy buy or bye bye ?

Bullshit counter !!!

with the rights issue as it is, no chance for much price recovery unless the rights issue is to be amended, maybe sweetened by free warrant. Better still to completely cancel the rights issue !!!

Unless one convert the L&G LA into shares before the rights issue, will NOT entitle to rights. If you further refer to the full details of the Multiple Proposals to Bursa on 15.11.16 under Clause 4.5, pursuant to the Trust Deed, the proposed rights issue will give rise to adjustment (lowering and hence cheaper to convert) to the conversion price of your ICULS as according to the Deed's formula. Whether the price will drop will depend on the then share price after the rights issue as relative to the new lower conversion price. Indirectly, it can be good thing to ICULS holder as he need not to take out more money outlay to pay for the rights issue and at the same time enjoying a lower/cheaper conversion price !!!

It can be genius or idiot as there is just a fine line separating them !!!

One can sell at anytime now to lock in profit as Bursa don't restrict selling unless one is too greedy or wish to hold on for any reason know only to him !!!

don't know what u mean, buy above 5 sen can range from 5.5 sen upwards ! Even if buy 6 to 8 sen get don't get trapped unless one buy from 12 sen onwards !!!

u mean those in red cos I see red and red all over now !!!

Rubbish ! Down almost everyday since rights issue announcement ! Should just cancel it !!!

Too big to fail for somebody (bankers or ???) If this company can be rescued, it will rank as one of the top rescue of the decade !!!

Ya should be for and under HTV-LA, reflects low quality staff of Bursa making such simple yet important announcement error as cum 'c' s/b under LA and not its share !!!

all recent quarters incurred losses and watch out for inappropriate directors/management fees

Angie, If u want yield from this counter, consider its Loanstock (LA) as interest payment on Loanstock is mandatory unlike share dividend which must be declared by the company. Others had commented above on the Loanstock n as such I don't need to repeat their comments.