I'm not a good investor, I'm brought in 0.80 on Jul 12' although it down till 0.89 but still no loss. Even the rate achieved at 1.13 I'm still hold it because my target sell at 1.60 within 3~5 year as long term fundamental.

Yes I'm agree with it no a dividend counter but on the same time I saw the potential.

Bid from 0.860~0.88 / ask from 0.885~0.896

Today closing Total Bid 2,102,404 / Total ask 489,886.

We can't see the clear picture when the water is blur. The water is slowly clear now.

Did holding this ? I'm hold long time ago. For me this situation is consider a good sign.

Did you keep LBS ? How Much and what is your TP to sell off ?

Chleong, what is your TP on LBS ?

Poor chleong, "Sai Hei" to share your opinion with them.

Iafx : May I know how old are you? How much experience in this tradng market?

Hope the price transformation will be clear very soon.

Is quite common when price go very high certain drop cause sold n buying

what is the meaning of dead meat??

3 days monitoring, consider a good start with range 0.925~0.95

This stock still under transformation. We should wait for 1week more to study it.

Gd Morning! Rmkfac any comment?

Look at today movement is a good transformation. Hope this stability could last for the whole week. Good luck for all of us!!

Hi!!

up to now asking vol 1115260 frm 0.945~0.956

As long LBS is under value (1.00) LHS will started to collect it.

That's why we never know how the director or those big guys playing. Technical & fundamental analysis only for our guide line. Always don't predict the share up or down.

LBS Share Value shall support 1.00 above.

I think LHS collect it because of the share value is $1.00.

LOL !! Aunties or girl all love $$$

rmkfac: I'm Female.

:)

So shall we prepare for the 2nd high ???

A country economy need 12 yrs to recover. If your business started to gain profit will you give-up??

Investing just like doing your own business. Fully utilize every single cents you invest. It's not like buying 4D once kena call lucky if not not no luck !!

Monday will be challenging days.

Anyway, this stock is positive and showing uptrend.

WVB 68 : Time left 1.30 hrs to meeting closing. It's might need more volume to push up $1.10.

;)

Jjs2, Ask yourself 3 question. 1) Do you have extra money to loss? 2) What is the Target Price are you going to sell? 3) Do you have do enough study on this stock? Than you got the answer.

So far collect rate at 0.95~1.0. Now we have to study the support line at 1.13~1.18. Than short terms profit at 1.30 and long terms profit at 1.50.

1st high at 1.13. Now waiting for 2nd high at 1.25 we need to see today market performance if closing at 1.11~1.13 than 75% will achieved the 2nd high on next Monday.

I'm brought in on Jul 2012 at 0.80 Keep it until now haven't been sell.

Brainstorming Guys, Fundamental for you to consider "should I keep this stock when it drop" Technical for you to think "What rate should buy or sell"

:)

KUALA LUMPUR: Property developer, LBS Bina Group Bhd via indirect subsidiary Dragon Hill Corp Ltd, has signed a conditional sale and purchase agreement with Zhuhai Holdings Investment Group Ltd to dispose of the entire equity interest in two of its subsidiaries in a RM657.7mil cash and share deal.

LBS will raise cash proceeds of RM538.1mil and also emerge as a substantial shareholder of Zhuhai, formerly known as Jiuzhou Development Co Ltd, with a 16.78% stake.

The two companies, Lamdeal Consolidated Development Ltd and Lamdeal Golf & Country Club Ltd, are being sold for RM621.6mil and RM36.1mil respectively.

The two companies are involved in golf club operations and proposed property development projects in China. Both are wholly-owned companies of Dragon Hill Corp Ltd, which in turn is a indirect subsidiary of LBS.

The deal is expected to be concluded by the third quarter of this year.

“The strategic agreement benefits both LBS and Zhuhai Holdings and we look forward to sharing our expertise with the company on its future developments. It is important to have reliable and resourceful partners for LBS to venture further in China and we are happy that we have found one.

“This signing is also in line with our aim to become an internationally recognised developer by expanding and strengthening our presence in China.” LBS managing director Datuk Lim Hock San said in a statement yesterday.

“We are keeping our options open and will consider opportunities for LBS to expand its presence in China. We are optimistic about the Malaysian property market and intend to increase our land bank in Malaysia with the gains from our proposed disposal,” he added.

According to its filing with the exchange, the board believes that the proposed disposal is timely and provides an opportunity for LBS Group to unlock the value of its investment in Lamdeal Development and Lamdeal Golf.

“The proposed disposal is expected to record estimated total proforma gain on disposal of about RM240.4mil for LBS Group.

“As a substantial shareholder of Zhuhai Holdings upon completion of the proposed disposal, LBS Bina, via Dragon Hill, will contribute its expertise to the future development of the enlarged entity.

“The board recognises that a reliable and resourceful local partner is crucial for LBS Group to ride on the recovery trend in the China economy, to further expand its businesses and to establish a stronger foothold in the country.

“This proposed disposal provides an opportunity to achieve such objectives,” said LBS .

The proposed disposal may improve the group's net asset per share from RM1.17 to RM1.74 based on the its audited financial statement as at Dec 31, 2012.

The proceeds from the proposed disposal may also improve the LBS' gearing ratio from 0.81 to 0.575. The group hopes to increase the consolidated earnings and earnings per share for the financial year ending Dec 31, 2013.

The proposed disposal is pursuant to LBS' memorandum of understanding with Jiuzhou Development signed in April 2012 for both parties to negotiate exclusively with each other and finalise the scope and terms of a sale and purchase agreement. The news confirms a StarBiz news report on Tuesday speculating on the dea

CH85 : My target at 1.20~1.50 because we can't foreseen unexpected factor. Technical analysis support by volume and Fundamental analysis support by rates. Anythings involve in Volume is depend on investor attitude and man confidences. (Hard to predict humans thinking) Fundamental support by company management and developmental. Some stock are giving dividend every Q or year but is also stay at 0.60 ~ 0.90. (ex rubberex).

It's hard to predict. If tomorrow closing stay at 1.11~1.20 than is a hope to 1.30 by this week. Long terms 1.50.

It's consider mid capital.

If the rate stable at 1.04 that will go up to 1.30 for short terms

Benny313 it's flying!!!! ;)

Noted, Good Information,

Benny313 cool down.

Sorry I buy in on Jul 2012.
What announcement ?

0.80 last Oct 2012

Abudance, due to M'sia don't wheat plant therefore we must purchased frm others country. When RM weak it's means we need to buy raw material in high USD as the result profit is slim. That's my point as above mentioned.