Goyang Kepala (Shake my head) when see their shop...

Dividend was RM0.02 for each share.
But please hold to buy it as the company will have right issued soon.
Dun just buy this for dividend.
U need study the whole history of this company including all the recent announcement before you buy in ok.

u mean NTA

Coming again?

TP 2.25

Seem like got speculator playing around RM0.30 - RM0.315 everyday...

Should buy below 0.25

Most of their products sold in Parkson.
As Parkson nowsday revenue keep drop and post lost profits, i dun think Bonia sales is good as well

R u sure?

But if not coz of RIGHT ISSUED, the dividend yield now is 6.5%

Only final dividend...

Hmm but what if you buy at average RM4 per share....

If their product too old style and cannot sell also no point holding a lots license

If bonus issue materialise and the share price is for example RM0.20. The L&G LA will be RM0.07 possibly...

When L&G bonus issue materialise, the L&G LA will adjust it based on the mother share.
Always remember that L&G LA must add RM0.13 per share to convert to mothershare.

If ur CDS account is direct account then u can go L&G website to apply to convert the L&G LA to mother share.
If ur CDS account is nominee then u must ask ur banker to convert it for you.

Power coming

Yes correct

Hope rocket is start soon

up up up

Everyone wait up frm grave and buy...

If 0.005 i will find margin and take over this company already lo....

Faster increase 5% everyday!!

Sure is good :)

Now everyday increase 5% ?

yes agree

The development that L&G will buy...
http://cgdiamondcity.com.my/

Yes be patient and try figure out why they did that. Try get a clearer photo of what happen now.
There is no way L&G bankrupt as we shall focus on company also and not only share price.
Do u think if share price RM0.10 then company will face bankruptcy?

Actually not yet. Just wait the right issue to buy or buy after that...need time to valuate and plan for it...

u mean this stock will rocket high soon?

Just worry the dividend yield cannot sustain only after the right issue.

Dun buy the RIGHT ISSUE and biggest shareholders will buy it all i guess

Reject the proposal for RIGHT ISSUE when EGM

Ask director give BONUS ISSUE instead of RIGHT ISSUE when on EGM then the price will increase high...

I think all resolution passed...

Not much analyst talk about L&G

End of month

Of course got hope

In long term perspective, right issue is not a bad thing for L&G although most of investors consider bad in short time. Some blue chips company issue rights too until now.

If the company search, buy and develop new land using their 500mil cash i think will take a lot of time for them to pick up as market downside nowsday.
They need time to buy it, sign SnP, wait loan approval, building plan, etc and market nowsday need fast turn around for profits.

By buying others company business, the company has walk fast pace to gain more in near future. (in terms of business and development / landbank).
Company EPS may increase more than double in future due to this planning, then the share price may follow to increase too.

By issuing RIGHT ISSUE, company save a lots of financial interest cost and they still keep the 500mil cash for better usage when chance are coming to them.
Cash need to retain by company for better usage although they might choose to issue new share instead of right issue that need to fork out our money.
Somehow it feel bad for small investors like us.

We really not sure what the biggest shareholders MAYLAND have in their plan.
But until now they hold a large amount of L&G share and now until touching the mandatory take-over offer, but they request for exempt to privatization.

There are bads and goods in their planning in terms of short and long terms.
Yes their share price surely will adjust to be lower and dividend sure will be adjusted too.
But what if L&G get very good result after since they acquire all the company and they will adjust their dividend policy too. Not saying the share price as well.

Don't forget the biggest shareholders have same holdings with us and if they reduce their dividend surely they will suffer too unless they sell all the stock, but there is no clue that they will let go L&G as they keep on buying until touching the MTO limitation.

Just my 2cents. I myself feel sad for the right issue too but after reading carefully their proposal i feel like keep on holdings my portion and wait in near future what L&G can reach in their business goal.

Wait for their next announcement and wait to attend their EGM to agree or against their plan...
After that need call your bankers / remiser to subscribe for right issue if meeting pass all resolution..

U can only get right issue if you subscribe (buy) to it.
Otherwise your share quantity on hand remain same.
But the share price will adjust base on the right issue quantity + quantity of share paid up in the market. Will adjust to lower price as quantity of share in the market increase.
But it wont be a scary thing as biggest shareholders will take balance of the ICULS and right issue.
Hope it clarify.

Company like IOI corporation they need to have right issue too...not a big deal if keep it long term..

All investors please carefully read the Multiple Proposals Announcement notes that can be download from BURSA MALAYSIA.
There are a lots of useful information regarding the company they acquisite, what landbank L&G will hold after the acquisition, how much the price,
how the right issue work, about the relationship in L&G and Mayland, their future prospect for the acquisition, etc....

Mayland may take up most of the right issue and reach the 33% and touch the mandatory general offer.
But since they have propose exemption from the obligation to undertake a mandatory take-over offer, there is no issue such as PRIVATIZATION.

Acquisition fund by using rights issue for L&G and only if the right issue not being fully subscribe by public, the company only seek fund from internal / bank borrowing.
So they still have net cash of 500mil.
For this plan they will save a lots of bank interest.

In short and long term sure a good point for L&G to expand their landbank and development project as everyone know their project is so less compare other property players.

Not really will drop coz some investors think it is a good deal maybe.

If they not come out with right issue and use company money to buy the landbank i think is too slow for them in terms of expansion.

For avoidance of doubt, the Company has the intention to acquire all Target Companies irregardless of the actual proceeds to be raised from the
Proposed Rights Issue. In the event that the Company does not raise sufficient proceeds from the Proposed Rights Issue to acquire all Target Companies,
the L&G Group will utilise its internally generated funds and/or bank borrowings

This is confirm a must do plan for company.

In the history, big company such as Public Bank come out with Right Issue too to expand their business.
In terms of doing business, in short terms there are some reverse effect on share price, but in long terms, this is a good plan for L&G
to increase their land bank and Earning by tapping directly in to the market that already developed by the acquisition.

We always say L&G has not enough landbank like ECOWORLD, TAMBUN & others and thus the company earning not stable and EPS not as good as others.
I guess this is a very good plan for biggest shareholders to release value of L&G.

Mayland dare to take most of the ICULS & maybe right issue in in future, they are not stupid coz their share is same with ours too. They will have thought of reverse effect
of the company share price. But i think they will have great plan in future to increase value of their share on their hand.