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

Posted by khatulistiwa1234 > 2017-03-07 19:41 | Report Abuse

WHITE ELEPHANT shadow .

Posted by khatulistiwa1234 > 2017-03-07 19:43 | Report Abuse

cheated cases .

hpcp

450 posts

Posted by hpcp > 2017-03-07 20:47 | Report Abuse

The independent advisor the acquisition was fair even though the assets are acquired at RNAV. Most of the property stocks, including big caps, are trading below RNAV.

cytew

1,610 posts

Posted by cytew > 2017-03-07 21:02 | Report Abuse

can Mayland vote ?

Posted by khatulistiwa1234 > 2017-03-07 21:13 | Report Abuse

痾啊啊啊啊!
我應該把盤子也扛來的啊啊啊啊!!

#有食物沒法擺盤好痛苦!

i illustrate this moment this second , all syndicate feeling , they are depress , don't estimated the power of 螞蟻 , it will flooded whole floor , let the syndicate suffer hard pain , all dirty tactic disappear in air .hahahhaha, is too nice hearing .

Posted by ctquay600305 > 2017-03-07 21:20 | Report Abuse

yes, reject all the resolutions

Posted by khatulistiwa1234 > 2017-03-07 21:22 | Report Abuse

螞蟻 maybe small , but after group out , the strength is terrible great , can destroy a emperor .

xcu843

1,062 posts

Posted by xcu843 > 2017-03-07 21:49 | Report Abuse

Good luck every small share holder.

pussycats

7,640 posts

Posted by pussycats > 2017-03-08 00:18 | Report Abuse

throw out that Mayland proposal. Go with full force to the EGM. Show them who we small billis are. JUST DO IT. Like Nike slogan. Yeahhh

kstay60

18 posts

Posted by kstay60 > 2017-03-08 01:23 | Report Abuse

I hope everybody don't just talk. Make sure you attend the egm and vote against it. If you cannot attend, send in your proxy form to the chairman of the meeting and indicate your vote against all resolutions.
At the same time, those who can attend, please get more proxies, turn out in full force and show our strength and displeasure at the scheme of things.
I have collected many proxies and will continue to gather more.

abdulrahim

397 posts

Posted by abdulrahim > 2017-03-08 06:35 | Report Abuse

Vote against

Posted by khatulistiwa1234 > 2017-03-08 07:34 | Report Abuse

When the tree falls , all monkeys run away .

Posted by khatulistiwa1234 > 2017-03-08 07:36 | Report Abuse

we just want the steering man , hands tied , not knowing what to do , the bad motive gone .

Posted by khatulistiwa1234 > 2017-03-08 07:38 | Report Abuse

i confident , your value proxies in hand , can terminated the DARK shadow in everybody mind , let the mind clear and fresh , last see the UNITED POWER ROOF .

Posted by khatulistiwa1234 > 2017-03-08 07:40 | Report Abuse

THIS EPISODE CALL TIED UP KING KONG IN HUGE FOREST .

Posted by khatulistiwa1234 > 2017-03-08 07:45 | Report Abuse

i see the correct attitude in this stock , is not the managerial , but the existing shareholder , they all are not blind , some more is very united , is a very solid team , power roof until can collapse the solid wall , preserve the different compare other , which i salute fullest , mother finger thumb UP , even UP , respect to ULTIMATE LEVEL , flag UP to crucial point .

Posted by khatulistiwa1234 > 2017-03-08 07:49 | Report Abuse

i admire the success on 15/3/17 , to follow the flame and to join the influential .

Posted by khatulistiwa1234 > 2017-03-08 07:58 | Report Abuse

The most pressing matter of the moment , accumulated the proxies , let it be bulk form , mountain it , accumulated until last day before the EGM , i think should be flooded the entrant door EGM , let the monitor man declare fail on the proposal , steal motive stream up . hahahha

cherry88

986 posts

Posted by cherry88 > 2017-03-08 09:26 | Report Abuse

Please make sure the completed proxy formsssssss be available at the Registered Office 24 hours before EGM (i.e. 13Mar, 5pm) ! And the shareholder must be in the Record of Depositors as at 9 March 2017 (i.e you must buy the shares before 7 March).
Please VOTE AGAINST the resolution and be highlighted in all the media. SHOW them the power of minority.

cherry88

986 posts

Posted by cherry88 > 2017-03-08 09:38 | Report Abuse

Any of you have connection to the Lembaga Tabung Haji and EPF ? Both of them hold 4.43% and 1.62% respectively. Must present the case to them and advise them to vote against the resolution to protect the RAKYAT fund !

cutie

1,690 posts

Posted by cutie > 2017-03-08 10:09 | Report Abuse

We must be united to go against the digusting resolutions if not we will end up just like IOI property, Boxpak and many more.

cytew

1,610 posts

Posted by cytew > 2017-03-08 10:12 | Report Abuse

IT IS VERY SILLY TO VOTE AGAINST IT , I think EPF and LTH will vote in favor of the resolutions..the best strategy for retailers to do is vote in favor and prepare money to subscribe and apply for excess shares

Posted by equitydiary > 2017-03-08 10:14 | Report Abuse

I agree that it is not fair to minorities. I too would advise to vote AGAINST all resolutions.

Why must L&G buy from Mayland at RNAV? Given current property market condition L&G can buy landbank/properties from other parties at a good discount below RNAV.

Mayland probably knows many minorities can't take up the rights issue, so it appears to be the perfect time for them to either dispose their assets at good price or dilute minority shareholdings for their own benefit.

With L&G's strong balance sheet, I believe minorities would have been happier if they geared up or took on borrowings.

cytew

1,610 posts

Posted by cytew > 2017-03-08 10:16 | Report Abuse

The ulterior motive of RI is not to raise fund but to discourage minority shareholders from taking up the right, so major shareholder Mayland can increase her stake to above 50% through taking up the unsubscribed right issue left by minority shareholders through excess application..now the choice is yours ....in fact, Mayland has done it once in 2013 during right issue of LA..

do not forget...L&G has more 20 thousand shareholders

cytew

1,610 posts

Posted by cytew > 2017-03-08 10:32 | Report Abuse

This is actually called 项庄舞剑意在沛公

Posted by equitydiary > 2017-03-08 11:24 | Report Abuse

Mayland should understand the unhappiness of minorities.

Imagine if we could turn the table around and ask them to undetake a mandatory offer on L&G at RNAV or even at book value of 63.92 sen. Then see how they would feel.

Come to think about it, Mayland is big enough to privatise L&G. They should do that then they can do whatever they want with L&G - RPT, inject properties, etc

Posted by khatulistiwa1234 > 2017-03-08 11:46 | Report Abuse

PRO and CON at the same time , I think the influence is quite ridiculous , weird things maybe happen , only final result , winner beside which party , 50 vs 50 match , nice movies .

cytew

1,610 posts

Posted by cytew > 2017-03-08 11:56 | Report Abuse

The best way to become the Winner of this right issue exercise is to apply "张子房的将计就计”

Posted by khatulistiwa1234 > 2017-03-08 12:40 | Report Abuse

regret of having done somethings .

Posted by khatulistiwa1234 > 2017-03-08 12:41 | Report Abuse

if time fly back , I maybe select not buying .

Posted by khatulistiwa1234 > 2017-03-08 12:41 | Report Abuse

to get discouraged .

Posted by khatulistiwa1234 > 2017-03-08 12:42 | Report Abuse

I hate gamble , I only like real investment .

Posted by khatulistiwa1234 > 2017-03-08 17:21 | Report Abuse

monitor man since set a trick for your to enter , full force your , is difficult to fight back , with return fierce savage teeth back , foreseen is a hard fight , WAR start .

Posted by khatulistiwa1234 > 2017-03-08 18:21 | Report Abuse

感謝小螞蟻們給你發揮慈悲報施的机會。

Posted by khatulistiwa1234 > 2017-03-08 18:23 | Report Abuse

BUT i still advice those coward syndicate , don't estimated 小螞蟻 , their power are un limited .

Posted by khatulistiwa1234 > 2017-03-09 08:05 | Report Abuse

BLESS MORE .

tah16600

2,646 posts

Posted by tah16600 > 2017-03-09 10:35 | Report Abuse

Actually,the proposal is just a ploy to enable the major shareholder to privatise easily later knowing that many shareholders will not exercise due to lack of financial n market uncertainty The major shareholder will sapu all the unexercised shares. So we all abort the proposal if we want the share to got up. Let the major shareholder buy from open market.

xcu843

1,062 posts

Posted by xcu843 > 2017-03-09 14:49 | Report Abuse

Not easy to fight with big fish.

Posted by Kai Shien Ks > 2017-03-09 17:29 | Report Abuse

special dividend @@

luckyman

720 posts

Posted by luckyman > 2017-03-09 20:09 | Report Abuse

http://www.theedgemarkets.com/my/article/land-general-declares-two-sen-special-dividend

Cash in hand RM 471 mil but market capitalization is only RM 359 mil @ 32 sen per share.

Hitto

49 posts

Posted by Hitto > 2017-03-09 20:16 | Report Abuse

Shd declared RM0.21 dividend per share.

Posted by MyGadangHuatBo > 2017-03-09 20:18 | Report Abuse

I talk to MD last week, he said property sales is doing very good

serena717

30 posts

Posted by serena717 > 2017-03-09 20:34 | Report Abuse

glad that many ppl will join the EGM on 15 March. Lets share it out on every FB page and FB groups to ask more ppl come out to vote

cherry88

986 posts

Posted by cherry88 > 2017-03-09 22:26 | Report Abuse

Haha...Agreed with Hitto

kstay60

18 posts

Posted by kstay60 > 2017-03-10 01:45 | Report Abuse

dear friends and fellow minority shareholders of L&G,
don't be fooled by the interim dividend of 2 sen. the management gives you only 2 sen and rob you 10 times with the rights issue.
every year they give us 2 sen dividend, this is just repeating the annual dividend, declared a bit earlier, just to show how "generous" they are. Don't think we are idiots!!!
remember, with 500m cash, placed in FD @ 3.5% will give 17.5M interest, enough to declare 2 sen dividend. Not the management's efforts!!!@#@##@@
please reject the proposed resolutions at the egm

cytew

1,610 posts

Posted by cytew > 2017-03-10 05:34 | Report Abuse

you are actually idiot by asking minority shareholders to reject the proposed resolutions

hpcp

450 posts

Posted by hpcp > 2017-03-10 07:47 | Report Abuse

special dividend? It sounds desperate

xcu843

1,062 posts

Posted by xcu843 > 2017-03-10 09:02 | Report Abuse

Good opening.

cutie

1,690 posts

Posted by cutie > 2017-03-10 09:48 | Report Abuse

We have a good chance to reject all resolutions.

cutie

1,690 posts

Posted by cutie > 2017-03-10 09:49 | Report Abuse

If all resolutions are rejected, the share will go up to 40 sen the least.

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