LAND & GENERAL BHD

KLSE (MYR): L&G (3174)

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Last Price

0.115

Today's Change

-0.005 (4.17%)

Day's Change

0.115 - 0.12

Trading Volume

324,300


32 people like this.

11,265 comment(s). Last comment by theyoungman 4 days ago

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-10 00:12 | Report Abuse

Those who buying this stock is important support...dun simply sell it!!

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-10 10:59 | Report Abuse

Yeah dive further to 0.32 is perfect for me to gain dividend...

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-10 11:12 | Report Abuse

Martin555 do you think company will bankrupt if the share price low until 0.10 if not the cause of company fundamental?

tanhy123

124 posts

Posted by tanhy123 > 2016-08-10 20:00 | Report Abuse

Paying 40cents for each share and you get 42cents net cash and other assets and lands, what the heck?

soros228

2,039 posts

Posted by soros228 > 2016-08-10 20:19 | Report Abuse

I Prepare to top up if 0.32

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-10 22:47 | Report Abuse

I sell all my house and all in if 0.32..hahah

Posted by Globalcitizen > 2016-08-10 22:47 | Report Abuse

We need God's holy presence to sweep sinners that spread fake news here, so they will cry and repent in their evil acts. Just count your blessings. You know who you are. No hard feelings ya. I am bitter to see human like you behave like this in this public forum and its abt time for me expose your shameful behaviour.

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-10 23:02 | Report Abuse

Value investor concentrate on COMPANY and not STOCK MARKET

wbwanabe

224 posts

Posted by wbwanabe > 2016-08-11 00:03 | Report Abuse

Can any sifu enlighten newbie here why L&G with its attractive dividend yield (5.12%) is trading at such low price?. From what The Edge wrote on 25th July, L&G is on a net cash position of RM288.5 million, which is 67.4% of its current market capitalisation of RM427.9 million, With a very healthy balance sheet, its prospects for future acquisition and expansion should be good, right?

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-11 02:46 | Report Abuse

Please read annual report. The company now has about 500million cash on hand.

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-11 02:48 | Report Abuse

no. / name / holdings / %
1 Amsec Nominees (Tempatan) Sdn Bhd 343,791,000 31.37%
Pledged Securities Account - Ambank (M) Berhad for Mayland Parkview Sdn Bhd
2 Lembaga Tabung Haji 48,497,900 4.43%
3 Citigroup Nominees (Tempatan) Sdn Bhd 17,712,400 1.62%
Employees Provident Fund Board (PHEIM)
4 Public Nominees (Tempatan) Sdn Bhd 17,680,000 1.61%
Pledged Securities Account for Nik Awang @ Wan Azmi Bin Wan Hamzah (E-KPG/JRL)
5 Citigroup Nominees (Asing) Sdn Bhd 15,067,600 1.37%
CBNY for Dimensional Emerging Markets Value Fund

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-11 02:48 | Report Abuse

EPF 3rd shareholders

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-11 02:49 | Report Abuse

4th shareholders i guess he is Tan Sri..and got foreign fund buy in too..

wbwanabe

224 posts

Posted by wbwanabe > 2016-08-11 03:18 | Report Abuse

Tks Eric, i notice you are a LT shareholder of L&G. With that amount of cash, I am sure they are at the best position to capitalized on the funds. Will try and study more before buying.

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-11 11:20 | Report Abuse

Please note that Lembaga Tabung Haji is 2nd largest shareholders

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-11 11:24 | Report Abuse

If you read the annual reports, you can know that they have land in Tebrau Johor, Kedah, Seremban, Selangor...and they have joint venture project in Australia.

wbwanabe

224 posts

Posted by wbwanabe > 2016-08-11 11:56 | Report Abuse

Those land banks were bought years ago or recently? If bought years ago, has it been reassessed to current market price?

drakoryn

97 posts

Posted by drakoryn > 2016-08-11 12:31 | Report Abuse

nope not reassessed. alot of hidden value in this company

lkoky

539 posts

Posted by lkoky > 2016-08-11 12:56 | Report Abuse

L&G is the only counter in KLSE where it net cash is more than its share price.

Simply put, if one were to privatise this company at 0.40, the investor will received 2cents in cash, plus all it assets, land etc. worth >20c per shares.

wbwanabe

224 posts

Posted by wbwanabe > 2016-08-12 15:02 | Report Abuse

Adui! wait for me 1st. Don't go run, I haven't buy yet..

drakoryn

97 posts

Posted by drakoryn > 2016-08-12 15:14 | Report Abuse

anything price below 0.42 should be a safe bet. better enter soon

wecan2088

512 posts

Posted by wecan2088 > 2016-08-12 15:19 | Report Abuse

dun wait. buy now.

spectre007

1,408 posts

Posted by spectre007 > 2016-08-12 15:20 | Report Abuse

Wohhhhhh coming....

wbwanabe

224 posts

Posted by wbwanabe > 2016-08-12 15:23 | Report Abuse

I thot someone mentioned below 0.400 is a good buy, so I queued there. See how later, may got to eat seller

lkoky

539 posts

Posted by lkoky > 2016-08-12 15:23 | Report Abuse

Both volume and price move north.

wecan2088

512 posts

Posted by wecan2088 > 2016-08-12 15:27 | Report Abuse

yeah. price between 40-42sen is good entry.

mikeshare

23 posts

Posted by mikeshare > 2016-08-13 00:22 | Report Abuse

everyone pls take note on Malton and its warrants too. cheers.

soros228

2,039 posts

Posted by soros228 > 2016-08-13 10:16 | Report Abuse

:)

Posted by peterwinwin > 2016-08-13 17:58 | Report Abuse

said hi to all L&G investors,you all don't have to worry about the share price,last year i & Eric Fong bought above RM0.50,now is very cheap lah,last year I bought until chinese new year no money to give ang pow leh.everyday i pray to ah nioa po pi the price hit RM0.50 to safe my investment.at least now i see some sunlight to hit RM0.50.buy ! Buy ! Buy ! Ah Nioa ada po pi punya..

soros228

2,039 posts

Posted by soros228 > 2016-08-13 19:16 | Report Abuse

Well said.
I'll take some time.
Patience needed.
Large cap.

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-13 19:18 | Report Abuse

The fundamental Way (that myself use):

1) THE MANAGEMENT (the most important factor)
Good management will make their product / services best seller and profitable to company.

Good product but bad management - worst result (example: china stationery limited CSL)
Bad Product but good management - Good result (example: l&g used to have bad place in
Sri Damansara when take over the company as its location and environment is bad but now
thay have make their place famous for residence and commercial place.)

2) THE PRODUCTS / SERVICES (2nd important factor)
Whether the goods / services can be best seller or acceptable for all consumer or not.
The products got any cycle period or not - example mobile phone/IT products.

3) Financial Balance Sheet (3rd important factor)
Must be healthy but not necessary debt free.
In terms of business world, debts lower the cost & risk.
Understanding a company balance sheet is just a starting point for investment but not the end.

Just my opinion and sharing to everyone. Any error please rectify me.
Thank you.

tanhy123

124 posts

Posted by tanhy123 > 2016-08-14 08:23 | Report Abuse

Highest bought at 55cents, lowest 38.5cents. At this level, it is so much under value. Problem with second liner is that if no recommendation from analyst hard to move. Following the article from The Edge and Epf accumulation I think things will change.

drakoryn

97 posts

Posted by drakoryn > 2016-08-15 09:00 | Report Abuse

wow, big opening movement

spectre007

1,408 posts

Posted by spectre007 > 2016-08-15 09:46 | Report Abuse

Any news?

luckyman

720 posts

Posted by luckyman > 2016-08-15 09:55 | Report Abuse

Country Garden is buying over its 2500 acres land bank in norrthen Selangor?

soros228

2,039 posts

Posted by soros228 > 2016-08-15 09:58 | Report Abuse

:)

drakoryn

97 posts

Posted by drakoryn > 2016-08-15 10:01 | Report Abuse

is country garden part of L&G?

spectre007

1,408 posts

Posted by spectre007 > 2016-08-15 10:10 | Report Abuse

Who is blocking at .425

Posted by NorthernStar > 2016-08-15 10:57 | Report Abuse

:) $$$$$$$$$

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-15 11:39 | Report Abuse

Hope this company value show up soon :-)

drakoryn

97 posts

Posted by drakoryn > 2016-08-15 14:53 | Report Abuse

i said any price below RM0.42 is a good buy, so now nobody want to buy above haha

soros228

2,039 posts

Posted by soros228 > 2016-08-15 15:07 | Report Abuse

Last call

soros228

2,039 posts

Posted by soros228 > 2016-08-15 16:05 | Report Abuse

Finally break 0.425.

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-15 16:20 | Report Abuse

0.43 already...

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-15 16:21 | Report Abuse

What happen today...i think got big news soon from company...

drakoryn

97 posts

Posted by drakoryn > 2016-08-15 16:36 | Report Abuse

i think people just anticipating a good quarterly result

Posted by dummyblackie > 2016-08-15 16:43 | Report Abuse

QR should be terrific

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-08-15 17:02 | Report Abuse

Terrific nice?

wbwanabe

224 posts

Posted by wbwanabe > 2016-08-15 17:28 | Report Abuse

Managed to get some at .410 on Friday. Added more at.420 today. Factors that make L&G attractive are the constant dividend, low entry price, potential reassessment of it land banks and low PE. So assuming L&G continue to give dividend more attractive than FD, there is no loss in holding this stock for a few years. Say I hold for 2 years, what will be the likelihood of it doubling up during that duration?

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