As property owners, majority of you should know that property developers can only carry out progressive claim. Property development usually takes an average between 18 and 24 mths to complete a project. The initial 6 to 12 mths progressive claim is nothing more than 35% of the total selling price of the property. How does one expects to see the a handsome profit reflected on the quarterly p&l report within a short period of time based on the fact above? Furthermore, property market is in a sludge. That will makes matter worst.

Bottomline, in my opinion, L&G share price will not see the light of day before the end of the year despite having healthy sales. Not only the price will not appreciates, but it will continue to falls due to poor market sentiment, no thanks to the US who is making everyone lifes a living hell by going against China on trade issue.

Are you referring to paper loss? This is a good company and the only reason why it is not moving is mainly due to building tension between US & China over trade balances.

The property sector to remains weak during the first half of the year, according to Knight Frank Malaysia. I doubt that L&G is going anywhere in the next six months

Fintech has an excellent p&l record over the past few quarters. A healthy EPS and now it is traded at an all time low. Based on the transaction done over the past 1 week, I suspected large amt of units are being gathered and it is just a matter of time before Fintech will take off.

If the board prepares to repurchase their own shares, that is good news indeed for existing share holders!

it looks like lg is badly beaten and trying very hard to climb back up ever since. the counter does has it potential but looking back at the scenario of Malaysia's property industry, I do not think the price is going anywhere but down. The price trend over the last 2 years can tell quite a lot about the counter and in my personal opinion, I do not think the price will surface before the end of the year.