Fong, you are right. Trops has a high value however trapped. Those land bought in 2010 have appreciated tremendously but they can only enjoy it provided they sell the premium land because they cannot develop them in this inflation enviroment and property tightening market

Bones Ada apa lagi?

Kekekekekeke.......I'm happy happy with Dufu and LEESK

The latest conversion will have approx 703 Million shrs with 105 Million converted from 598Milliion base. First conversion was on Oct 2013 roughly 10 mths ago. So avg is still at approx 10Miliion shrs. Unless this increase significantly, the movement will be in tandem mother and son.

Looking to leverage at 44 to next height.

Kekekeke......

I like what my name says....

Currently number of shrs issued is 702Million shrs with market cap at rm407 Million. To achieve rm 500Million market cap at this point is either conversion of approx 200Million shrs or push price to 72cents to achieve the market cap.
Between now till March we have 8 mths and if we go by the conversion which is currently happening at 10 Million shares a mth we should do 80 Million by March translated to rm454 million market cap still short of rm50Million. The shrs must do at least 65cents by then.
This is the lowest min calculation that has not factored in dividend and bonus . Bonus will be by 1st half. I believe if factor in shud be in region of 75cents at least

Kekekeke....

Pitochu, I believe the Mgo exercise here refers to the exercise when L&G is fully valued from the extent of the ICUL which will be timely because their plan this year is to achieve 500 million market cap is almost achieved. Latest check 405million. Another 95 million to go and the market cap can be achieved via ICUL conversion or shr price appreciation.

Sui sui ....slow slow ok

Kekekekeke......

Kekekeke....go go

For the 2500 acres landbank has GDV of 100 billion. If taken GDV next year against their current target of market cap 500million it will be 200times. So to develop the landbank over the years may see this reduce from 200times to around 30 or 40times which is at least 5 times lower than 200. So the market cap will have to be at least 5 times more at 2.5 billion. Something to think about if they can reach that market cap without increasing their low gearing may see the price shoot multiple times

Agreed iswara.....but have a look at this fact on history
1964 - Incorporated as Nanyang
Subsequently got listed and called General Lumber Bhd
1991 - Change name from General Lumber to L&G Bhd
Before changing name the price was at rm2.xx before
1995 - 4 years after changing name it hit rm8.xx

Fast forward to 2008
2008 - New Management team led by Low Gay Teck a former Project Manager from Mayland join L&G
2014 - 6 years later, reduce rm200 Mil debt to gearing of 0.04 with growth of 3times at topline, bottomline and almost 3 times market cap from rm150Mil to rm400Mil

Moving forward with the muti year revenue generator for Lembah Beringin 2500 acres may move the price to rm 2 again within near future in my opinion.

Kekeke....managed 5 cents....tq tq Bones

This share has seen rm8.XX before in 1995 and tried revival in 2000

http://www.klse.info/counters/historical-prices/stock/3174/date/2001-08-31/page/54

Hope bottom out ady...

Ok now I understand why so many was going after Tropicana before Danny suddenly sold land to Albedo and tried a reverse take over. If he did not, the full valuation would have been at least rm3......

Emp!!!!

Kekekeke.....

Kekekeke.....

kekekeke....Sifu Bones nailed this one.....manage to maintain above 24c.....

aiyayaya....why news come out at this time.....

so far haven't seen L&G sprint for a long time .....

Having said the above, I got to thank Saturn for SP Setia though I wanted to buy Sime, but the price was way to high ady

i like the idea of Felda and PNB very much. I also like the idea of everyman for themselves as of those under PNB. All shot up day. Have to see Saturns super prediction can come true or not....Go Go Felda and PNB......kekekekeke

Kekekeke...if Saturn is right again as what he mention on Felda Landbank, this will be super big M&A

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=325232:encorp-banking-on-feldas-landbank&Itemid=3#axzz384hytkgO

kekekekeke....very focus day.....Agree that this round undervalued stock will be in focus. Som undervalued stock don't get attention becoz lack of excitement.

credit squeeze reported....rejection rate 30-40%

I m all in....kekekeke

Short run this one...

Wave B??

Got some at 2.76 expecting a fly by

If drop to 2.88 will buy again.

Cleared some last week....hope to pick up again...

I managed to clear all at 3.51. Wish all good luck...

MAS chose the cheapest Imarsat package in the case of MH370. It does not include Geolocation..so it is not surprising that the path chosen recently was also to save money. I hope MAS change the plan and package .....

Oh oh!
http://www.theedgemalaysia.com/mobile/article.php?id=299380

Cannot buy lah

Kekekekeke.....that terrible 17 become parents....

Headache ady...

For those who haven't read this.....MH17 first flew 17 years ago on 17th July 1997 and ended on 17th July 2014. Ref to wiki link. Can this be coincidence ?

http://en.m.wikipedia.org/wiki/Malaysia_Airlines_Flight_17

LKS asked for Parliment sitting to debate on MH370 but they did not want to brief opposition then. Let's work together if truly we are under attack....

Read this....claim passenger were already dead long before except for pilot as bodies were drain of blood

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=324472:shocker-mh17-passengers-were-already-dead-when-plane-was-shot-down-pro-russia-rebels&Itemid=2#axzz37tul3Sja

Qwerty where did you get the Libra Strategic Fund buy in...I can't find...

Good coverage qwerty!!!

Chincalok, who is she?

Goodness have never seen such a steady retaliation in a precise, clear and fair statement

All markets down on this news....