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

xcu843

1,062 posts

Posted by xcu843 > 2016-11-24 11:19 | Report Abuse

Actually compared with last quarter, profit almost same. This drop due to right issue. Not happy on this right issue.

Eric Fong

1,196 posts

Posted by Eric Fong > 2016-11-24 12:55 | Report Abuse

Just worry the dividend yield cannot sustain only after the right issue.

Posted by Kai Shien Ks > 2016-11-24 16:25 | Report Abuse

wtf is this stock?

Posted by wanderful > 2016-11-24 16:37 | Report Abuse

depends on what strategy..but for those who stuck for long, you are likely to stuck in even longer and unsure if you have a chance to recover.Right issue is OK, if is it not 8 for 5, but 2 for 5 or 3 for 5. The EPS diluted to none if you do not subscribe the RI. Furthermore, buying own mayland company and let teh major shareholders to earn when changing hand is even worse. But for those not in, you can wait the good time to buy

Posted by Lau Teck Sing > 2016-11-24 16:52 | Report Abuse

-40% on this share.. 保本。。保本。。

xcu843

1,062 posts

Posted by xcu843 > 2016-11-24 17:08 | Report Abuse

So lou sai this stock?

Posted by peterwinwin > 2016-11-24 21:21 | Report Abuse

Eric Fong don't worry about the dividend,next year this super undervalue counter still afford to give you 5 % dividend,because by then the share price may be stand at RM0.20,the company propose the RI is to collect money from share holder to replace the cash on balance sheet which was eaten by termites.

xcu843

1,062 posts

Posted by xcu843 > 2016-11-25 09:55 | Report Abuse

Drop again. So teruk this counter....

tah16600

2,646 posts

Posted by tah16600 > 2016-11-25 10:37 | Report Abuse

Very strange, so much cash but no corporate raiders,where r the tycoons ?

xcu843

1,062 posts

Posted by xcu843 > 2016-11-25 11:28 | Report Abuse

What is the support value?

tah16600

2,646 posts

Posted by tah16600 > 2016-11-25 12:04 | Report Abuse

Strong support at 32sen but historical low 12 sen so keep some cash for the market crash predicted next yr by fund manager

xcu843

1,062 posts

Posted by xcu843 > 2016-11-25 19:11 | Report Abuse

No hope Liao

smartsing

54 posts

Posted by smartsing > 2016-11-25 21:33 | Report Abuse

mostly -50% now

Jacky Yip

94 posts

Posted by Jacky Yip > 2016-11-25 23:09 | Report Abuse

q rm0.30 next month

CYL1986

3 posts

Posted by CYL1986 > 2016-11-26 00:40 | Report Abuse

I have L&G LA shares. Anyone can tell me when there is rights issue, will I be entitled to the rights? If i am not entitled, then after ex-rights of mother share, L&G LA will trade lower right? Please enlighten.Thanks

Hitto

49 posts

Posted by Hitto > 2016-11-26 07:51 | Report Abuse

Very bad investment. Earn 5% dividend but lost 50% of capital.

xcu843

1,062 posts

Posted by xcu843 > 2016-11-26 12:20 | Report Abuse

Lousy company normally not take care of share holders

Kris Wong

435 posts

Posted by Kris Wong > 2016-11-28 09:54 | Report Abuse

Unless one convert the L&G LA into shares before the rights issue, will NOT entitle to rights. If you further refer to the full details of the Multiple Proposals to Bursa on 15.11.16 under Clause 4.5, pursuant to the Trust Deed, the proposed rights issue will give rise to adjustment (lowering and hence cheaper to convert) to the conversion price of your ICULS as according to the Deed's formula. Whether the price will drop will depend on the then share price after the rights issue as relative to the new lower conversion price. Indirectly, it can be good thing to ICULS holder as he need not to take out more money outlay to pay for the rights issue and at the same time enjoying a lower/cheaper conversion price !!!

xcu843

1,062 posts

Posted by xcu843 > 2016-11-28 09:57 | Report Abuse

Drop again...ho..ho

beso

2,137 posts

Posted by beso > 2016-11-28 10:00 | Report Abuse

by jan 17 below 25c

Posted by Kai Shien Ks > 2016-11-28 10:09 | Report Abuse

sold all , really shit counter...lost 50%

xcu843

1,062 posts

Posted by xcu843 > 2016-11-28 10:12 | Report Abuse

Lousy counter not take care of share holders.

tah16600

2,646 posts

Posted by tah16600 > 2016-11-28 10:37 | Report Abuse

The more u critic, the more the share moving south.

Posted by Lau Teck Sing > 2016-11-28 11:05 | Report Abuse

I Q on 0.315.. And said BYE BYE.. -45% .. so sad with this ....

tah16600

2,646 posts

Posted by tah16600 > 2016-11-28 11:14 | Report Abuse

Big fish eats small fish

xcu843

1,062 posts

Posted by xcu843 > 2016-11-28 11:20 | Report Abuse

mr lau, you cut loss?

xcu843

1,062 posts

Posted by xcu843 > 2016-11-28 11:22 | Report Abuse

share market normally when a lot of ppl hate, it will come back soon. believe or not?

Posted by Lau Teck Sing > 2016-11-28 11:44 | Report Abuse

yes.. cut loss it.. -45%.. Buy your own risk..

Posted by Lau Teck Sing > 2016-11-28 11:46 | Report Abuse

没有最低,只有更低。。 Under 0.21 is no a dream...

tah16600

2,646 posts

Posted by tah16600 > 2016-11-28 12:19 | Report Abuse

Any thing can happen. so becareful. Keep cash for raining day

Kris Wong

435 posts

Posted by Kris Wong > 2016-11-28 12:28 | Report Abuse

with the rights issue as it is, no chance for much price recovery unless the rights issue is to be amended, maybe sweetened by free warrant. Better still to completely cancel the rights issue !!!

aliyusof

1,393 posts

Posted by aliyusof > 2016-11-28 12:48 | Report Abuse

All big cash (key factor why people like this counter) in company will be gone soon and with such a massive right issue, worst property market and no stable operation income, hence no dividend expected from it, there is nothing positive about this counter anymore. Only major owners benefitted from it. Better i cut loss now even at 50%, exit the counter. Perhaps buy it if it is 20 sen.

lkoky

539 posts

Posted by lkoky > 2016-11-28 12:49 | Report Abuse

actually the dividend payout chances in 2017 will be very slim. As the company will need to use alot of cash for the new prop development project.

xcu843

1,062 posts

Posted by xcu843 > 2016-11-28 15:03 | Report Abuse

Going to hit 0.30

xcu843

1,062 posts

Posted by xcu843 > 2016-11-28 15:12 | Report Abuse

When the price can be stable?

Posted by Lau Teck Sing > 2016-11-28 15:42 | Report Abuse

0.21 is no a dream...

xcu843

1,062 posts

Posted by xcu843 > 2016-11-28 16:34 | Report Abuse

LG has very bad management

IamGoogle

836 posts

Posted by IamGoogle > 2016-11-28 16:36 | Report Abuse

Even NTA so good, cash per share so good, nothing can be done if you have one bad management.

lkoky

539 posts

Posted by lkoky > 2016-11-28 16:38 | Report Abuse

Management isnt bad. The company is making money.

Just the management or big shareholder dont give a damn about other minority shareholder.

Look at what happen to PjDev.

IamGoogle

836 posts

Posted by IamGoogle > 2016-11-28 16:41 | Report Abuse

Looking at the cash in hand & dividend records, nampak pun sakit mata, if this is not bad management, I don't know how to describe this kind of management.

Hitto

49 posts

Posted by Hitto > 2016-11-28 16:41 | Report Abuse

Others property counter very stable such as Lbs, Glomac, Malton etc. This counter seem follow the oil and gas companies trend, every day down.

IamGoogle

836 posts

Posted by IamGoogle > 2016-11-28 16:41 | Report Abuse

Who knows? This company will do another round of capital reduction? To spin off weak holders.

IamGoogle

836 posts

Posted by IamGoogle > 2016-11-28 16:42 | Report Abuse

So much cash & yet want to do right issue, sound like China company.

Hitto

49 posts

Posted by Hitto > 2016-11-28 16:45 | Report Abuse

Mayland is it a China company?

beso

2,137 posts

Posted by beso > 2016-11-28 16:46 | Report Abuse

bo chow si

xcu843

1,062 posts

Posted by xcu843 > 2016-11-28 16:49 | Report Abuse

Very lousy management, got a lot of cash. Some more want money from share holder. I am suspect is it LG got so much cash? Maybe management speculate only or play number only.

xcu843

1,062 posts

Posted by xcu843 > 2016-11-28 16:50 | Report Abuse

Like this better go to private

Hitto

49 posts

Posted by Hitto > 2016-11-28 16:52 | Report Abuse

The normal practise of china companies. Tjhe cash in hand cannot be verified.

xcu843

1,062 posts

Posted by xcu843 > 2016-11-28 16:57 | Report Abuse

Nearly drop 25% after right issue announced.

xcu843

1,062 posts

Posted by xcu843 > 2016-11-28 17:02 | Report Abuse

So jiak lat

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