Hope good news coming soon.

superman2, are you selling your share ?

New score short terms at 1.85~1.90. Estimated new high score at $2 ~ 2.05 in Sept.

My opinion, this stock will be run at 1.72~1.75 and up again to 1.80~1.85.

Guys, any comment ? Brainstorming time !!

Juz hang on I will study when back msia on 21/8

Superman2, we may consider to set it on $2.

IN order to own a successful investment plan, there are always three key fundamentals:

PURPOSE: WHY DO YOU INVEST?

First things first - you must know the purpose of investing; therefore, defining your financial objective is important.

TIME: WHAT IS THE DURATION OF INVESTMENT?

Subsequently, you need to be aware of the expected time horizon of your investment.

STRATEGY: WHAT IS THE LEVEL OF RISK THAT YOU ARE COMFORTABLE WITH?

Lastly, you have to understand the background of your investment and the risk-return trade-off.

Another often forgotten factor is that as an investor, you must always remember NOT to compete with another individual when it comes to the returns of investment. Do not step into an investment without evaluating your financial objective, expected time of horizon, and the level of risk you are comfortable with. In other words, remember key fundamentals mentioned above and stay disciplined in evaluating what suits you most; never attempt an investment opportunity just because it yields a better return.

Take a scenario. When you see an individual actively trades in forex and obtains good returns, it does not mean that trading in forex is a good investment option for you. Do not be driven by greed when you are preparing your investment plan. You need to calmly assess the level of risks you are comfortable to handle and avoid stepping into any form of investments without understanding how it works.

There are plenty of investment opportunities available and if your selection is driven by greed, it could wipe out your life savings. It is noteworthy to re-emphasise that different investment options come with different levels of risk and subsequently yield different potential returns.

Do not drool over another individual’s investment returns. If you are not comfortable in designing your own investment plans, speak to a financial planner for assistance. It is your hard-earned money at stake, and I am sure you do not want it to “evaporate”. It pays to be uncompetitive as an investor.

still not meet 1.60~1.80. I'm waiting now.....

Published: Monday July 29, 2013 MYT 12:00:00 AM
Updated: Monday July 29, 2013 MYT 6:53:03 AM
LBS Bina aims to double profit

BY CHERYL POO
CHERYLPOO@THESTAR.COM.MY


PETALING JAYA: Although LBS Bina Group Bhd has strongly hinted at a higher-than-industry-average dividend rate, its board continue to waver between rewarding shareholders with a more handsome payout and growing its Malaysian business with incoming funds.

Their consideration is to use a mere portion of the deferred cash payment, which will be received in four portions from end-2014 to 2017, to incentivise investors. But even so, it is a decision that weighs heavily on the board.

But what is more exciting is its lofty ambition to double last year’s net profit of RM37.2mil to RM74mil in three years.

Managing director Datuk Lim Hock San finds this doable on its encouraging first-quarter pre-tax profit of RM16.1mil, a 10.9% improvement from last March.

“Things are looking good for us. We will focus on and grow our local land bank of 2,055 acres to double our profits,” said Lim, whose family owns 51.2% of the business via Intelrich Sdn Bhd.

Collectively, the projects to be rolled out over the next decade are estimated to total RM15bil in gross development value (GDV).

The feasibility of LBS Bina’s internal goal would be dependant on the take-up rate of its project launches, Alliance Research analyst Bernard Ching told StarBiz. The group was certainly poised for growth, he added, judging from its total land bank.

Last week, Kenanga Research published a report saying that the strong growth in earnings was attibutable to project timing, and that the projection of a RM56mil net profit for the year ending Dec 31, 2013 was achievable.

To recap, the small-cap property player had inherited three projects in China via the reverse takeover of Instagreen Corp Bhd 11 years ago. A fortnight ago, it sold these assets to Zhuhai Holdings Investment Group Ltd for HK$1.65bil (RM680mil).

As part of the deal, LBS Bina will receive a cash settlement of HK$500mil (RM206.24mil), followed by a proposed settlement of 225.56 million new shares in Hong Kong-listed Zhuhai Holdings at HK$1.33 per share worth HK$300mil (RM123.74mil) and promissory notes for the sum of HK$850mil (RM350.61mil).

The one-off deal contributed a pro forma gain of RM309mil to group revenue, and the fact that the group still owns 264 acres of the Zhuhai International Circuit – the 60% exchange in shares – indicates potential for future business opportunities in the territory.

Meanwhile, the board is keeping mum on the new dividend policy until the first tranche of the cash payment of HK$500mil and the 225.56 million shares come through by the end of August.

In the last two years, LBS Bina had paid out dividends of 2.5 sen.

LBS Bina to look into rewarding shareholders from Zhuhai deal

BY CHERYL POO
CHERYLPOO@THESTAR.COM.MY

Lim: ‘With the funds that we receive, we would look into how we can balance rewarding our shareholders with special dividends and moving our business forward.
Lim: ‘With the funds that we receive, we would look into how we can balance rewarding our shareholders with special dividends and moving our business forward.
PETALING JAYA: LBS Bina Group Bhd (LBS) has a decision to make.

Now that the property developer has signed the HK$1.65bil (RM680mil) deal with Zhuhai Holdings Investment Group Ltd to dispose of the entire equity interest in two of its subsidiaries in a cash and share deal, management has to decide what to do with the incoming funds.

The first part of the payment of HK$500mil (RM206.24mil), which LBS expected to receive next month, has to either satisfy loyal shareholders by way of a dividend payout or be streamed back into the business for long-term growth.

“With the funds that we receive, we would look into how we can balance rewarding our shareholders with special dividends and moving our business forward,” LBS managing director Datuk Lim Hock San told a press briefing, adding that taking care of the company would be priority.

This sum was to be followed with a proposed settlement of 225.56 million new shares in Hong Kong-listed Zhuhai Holdings at HK$1.33 per share worth HK$300mil (RM123.74mil) and promissory notes for the sum of HK$850mil (RM350.61mil).

With consent from the relevant authorities, shareholders of both companies had in their respective EGMs in the last two days voted in favour of the finalisation of the sale and purchase agreement with Zhuhai Holdings for the disposal of LBS’ entire interest in Lakewood Golf Club and Zhuhai Development land in China for the said HK$1.65bil (RM680mil).

Consequently, LBS would emerge as a substantial shareholder in Zhuhai Holdings and be entitled to appoint a non-executive director for Zhuhai Holdings and reap a proforma gain on disposal of RM309mil at the end of financial year 2013.

There would be indirect benefits from the Zhuhai development project and via the potential appreciation of the holding company’s share value as well as any future dividend payments, Lim said.

At present, LBS, which has a total landbank of 831.63ha, has hit RM326mil in sales from its 16 ongoing projects – both fully sold and under construction – in light of its 2013 revenue target of RM1bil and unbilled sales of RM702mil as at May 31. Four more projects will be launched in the coming months, which hopefully will add to the momentum.

It had been sluggish before the general election, a senior personnel in the company said, but things have gradually picked up since.

Lim said there were no plans to privatise the company and that speculation of incapability on LBS part to complete the China-based project was not an issue.

“It is good that we can raise funds there while we focus on our business here on familiar grounds,” he said.

Good Morning rmkfac 100812

As mentioned before short floating at 1.40~1.45. Price goes up very soon guys !!!

Ready for new high score. G..U...Y...S !!!!. Good Luck !!1

is a proposal...need to wait until the official notice.

Than...ask your agent.

??? what is your trading company ? It's suppose to have the total.

usually, while you doing online trading it's suppose have a chat or guide there. Go n check it out.

From the investment company such as OSK, TA, Bursa, Am, etc....

Prey hard dear investors !!!

If any good news coming after EGM than another new TP set at $2.00

Possibility is there !! :) Good Luck !!

Total bid vol : 278301 (3.02~3.06)
Total ask vol : 336763 (3.07~3.11)

Total Bid vol : 1160721 (1.429~1.45)
Total Ask Vol : 1366930 (1.46~1.50)

HY short support on 2.95~3.0. TP within 2nd half year 3.40~3.60

This few days might float at 1.40~1.45. Hope by this week will reach 1.50~1.55. Good Luck !!

me too !! ;)

New score TP will on 1.50~1.55.

Sifu, beside of your TP expectation what's else do you expect from LBS ?

I think Lim's family will forecast on $2.

Reached 1.45 on last Friday... now is the forecast movement week.

So must keep monitoring the market activities..

If the market performance no good to support at that level than the special dividend might be disappointed.

In order to share the special dividend, rate must reach $2. After disposed special dividend rate must support at $1.50~$1.60.

0.90 will be the fair price

Prepare for next short terms target at 1.40~1.45.

my Tp 1.60~1.80 within end of years

It's still a gap with my TP.

Sincerely wish you are the lucky one my friend.

Keep on monitoring on the technical fluctuation. Always doing right thing on the right time. Hope I'm not doing the wrong thing.

Derrick : Anything is free lunch. Do more research you will get what you one.

Superman2, I'm not dare to give any advise at here ... I'm just share my opinion and idea at here.

Superman2: Because this LBS just recovering their loss since last 5 years. From the technical analysis unable to judge. But what I can see from the fundamental analysis, LBS have around 3 year potential earning profit.
You can go to LBS website to see the news, the management is quiet aggressive on media & project running.

Derrick, above comment is Decision I/O discussion. Sorry typing to fast.

I'm learning too DerricK.

When you doing wrong discussion you will always making loss in investment. Learn from the mistake and understand your weakness. Do more homework & research. Good Luck

Question 1: Did your lost been Cover?
Question 2: If you buy on 1.24 how long did you expect to gain?
If you can't answer than better don't step bcoz compare with the previous rate you brought 1.07 deduct buy back on 1.24 = 0.17 (your are buying the higher rate)

I told you before.

:)

Support line at 1.23~1.25. Short terms at 1.28~1.33. TP at 1.50~1.80 within 2nd half year.

I will wish I'm the director too!! :-D