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

cytew

1,610 posts

Posted by cytew > 2017-03-15 22:04 | Report Abuse

yes, you can get lower price later

alamak123

55 posts

Posted by alamak123 > 2017-03-15 22:18 | Report Abuse

天意?还是大意?小蚂蚁输了,share price drop again ,who can buy another 21 % to change the outcome ?hopefully can drop to below RM0.20 make the RI no value.i loss in this counter since the first day i bought it until now,the only thing can make me happy is can get 10% dividend.after 23 years i can earn back the capital and still hold the same amount of share.thank a lot to the major share holder.

Dkny

161 posts

Posted by Dkny > 2017-03-15 22:30 | Report Abuse

Surprised still hv 71% agreed. Hv to wait 6 to 9 months only consider. Right issue always make share price drop, better avoid it.

Hitto

49 posts

Posted by Hitto > 2017-03-16 08:50 | Report Abuse

I bought on August 2007, since then it drop until i got no eye to see till now.

tanhy123

124 posts

Posted by tanhy123 > 2017-03-16 09:10 | Report Abuse

When will they issue the rights? It needs to be asap, can't drag on

tah16600

2,646 posts

Posted by tah16600 > 2017-03-16 09:27 | Report Abuse

Better sell n buy bornoil

Posted by khatulistiwa1234 > 2017-03-16 09:31 | Report Abuse

i declare in public , future is sink boat .

Posted by khatulistiwa1234 > 2017-03-16 09:33 |

Post removed.Why?

tah16600

2,646 posts

Posted by tah16600 > 2017-03-16 09:43 | Report Abuse

Tiger synergy is a good example after right issues .In future I guess no more dividend to give

Posted by khatulistiwa1234 > 2017-03-16 09:46 | Report Abuse

damned , GOOD STOCK become BAD STOCK , just in moment , LET IT GO , I feel better life , not need suffer come out capital to feed them , in the end , empty return , BAD experience before appear in my mind , too cruel done .

xcu843

1,062 posts

Posted by xcu843 > 2017-03-16 10:01 | Report Abuse

Look positive move today

tah16600

2,646 posts

Posted by tah16600 > 2017-03-16 10:22 | Report Abuse

Goodbye to LnG .

tiennhieu

719 posts

Posted by tiennhieu > 2017-03-16 10:30 | Report Abuse

but the special dividend seem good return.

cytew

1,610 posts

Posted by cytew > 2017-03-16 10:36 | Report Abuse

一将功成万骨枯…千百年不变的事实

Dkny

161 posts

Posted by Dkny > 2017-03-16 11:04 | Report Abuse

Yesterday shareholders who attended egm oredy know wat to do. Knew one of shareholders got almost million shares of lg, he needs to come out dunno how much to buy.. pity him

xcu843

1,062 posts

Posted by xcu843 > 2017-03-16 15:07 | Report Abuse

Hard to say. Maybe L&G can make him rich...

pussycats

7,640 posts

Posted by pussycats > 2017-03-16 15:28 | Report Abuse

:-(

InvestWin

103 posts

Posted by InvestWin > 2017-03-16 15:52 | Report Abuse

Indicative RI is 21cents at EGM. For OR to worth 5cents, mother share should be trading 35cents prior to ex-date. Approved RI ratio is 8: 5.
Calculation : (rm 0.35 x 5) + (rm 0.21x8) /13 = rm 0.263 (also predicted ex-date price). If u r holding mother share at 35cents, i think it is still safe.

drakoryn

97 posts

Posted by drakoryn > 2017-03-16 16:05 | Report Abuse

thats assuming OR is worth 5 cents...

InvestWin

103 posts

Posted by InvestWin > 2017-03-16 16:24 | Report Abuse

The management may want to be seen to have reputation & integrity (anyone can dispute this) & not allow the OR to fall below 5 cents; then mother share could trade above 35 cents prior to ex-date.

drakoryn

97 posts

Posted by drakoryn > 2017-03-16 16:34 | Report Abuse

haha yeah their integrity is very debatable

bing2014

14 posts

Posted by bing2014 > 2017-03-16 16:52 | Report Abuse

Should we go for right issue or reject it? Any good suggest? Or it depends on the mother share price.

cytew

1,610 posts

Posted by cytew > 2017-03-16 17:18 | Report Abuse

I foresee Mayland will buy OR from open market as what they have done it in 2013 when Mayland bought about 100 million units of LR..the proposed right this time has the same purpose for Mayland.

pussycats

7,640 posts

Posted by pussycats > 2017-03-16 18:27 | Report Abuse

Mayland no integrity only self serving by issuing LR (last time) & OR (2017). I need to manoeuvre myself so as to get profits from Mayland induced Mayhem. Wish all luck.

empyreal

24 posts

Posted by empyreal > 2017-03-16 19:00 | Report Abuse

it is quite unfortunate that this happened - in the end, only around 20% of the total voted.

for those who are holding on, there may still be value - investwin's calc is correct, and there's also the special dividend to account for.

nevertheless, i have dispensed with my shares as i have less confidence in then management as i had before. until the whole issue as to what mayland is trying to do is clear, its too risky for my portfolio.

good luck to everyone.

alamak123

55 posts

Posted by alamak123 > 2017-03-16 20:59 | Report Abuse

don't worry,i think Mayland like the "Econ Save"slogan,daily low price,so they has to do something to make it happen.next month may touch RM0.29.

alamak123

55 posts

Posted by alamak123 > 2017-03-16 21:06 | Report Abuse

i m waiting at RM0.20,because i expect for 10 % dividend. i confidence this counter better than Fonic 0071.now was deleted from listing,i still hold 80,000 units.i think i will be very long life to collect 23 years dividend from LG.

Posted by glugluglu > 2017-03-17 08:38 | Report Abuse

Hi, if I do have 10000 shares, how much do I need to pay for RI?

pussycats

7,640 posts

Posted by pussycats > 2017-03-17 11:10 | Report Abuse

5 shares get 8 RI. One RI =Rm 0.21. Do your own calc. :-)

bing2014

14 posts

Posted by bing2014 > 2017-03-17 11:18 | Report Abuse

If I got 50,000 shares, can I subscribe 25,000 shares for RI?

xcu843

1,062 posts

Posted by xcu843 > 2017-03-17 17:18 | Report Abuse

WOW so good. Still got energy to grow....

cytew

1,610 posts

Posted by cytew > 2017-03-17 17:34 | Report Abuse

How silly is to compare L&G with TIGER

tanhy123

124 posts

Posted by tanhy123 > 2017-03-19 11:27 | Report Abuse

34cents now and expect to have 4cents dividend this year, why not? Major share holders hold even more after RI, you think they will let the share price down?
Everything is orchestrated by them, if you cannot see through, better don't touch any second liners.

abang_misai

2,569 posts

Posted by abang_misai > 2017-03-20 09:57 | Report Abuse

duit kopi-o

tiennhieu

719 posts

Posted by tiennhieu > 2017-03-21 17:22 | Report Abuse

RI issue price 0.21

number2

280 posts

Posted by number2 > 2017-03-23 12:07 | Report Abuse

yesterday miss at 0.325

littlebull

116 posts

Posted by littlebull > 2017-03-23 17:33 | Report Abuse

no worry....wait 0.32.

xcu843

1,062 posts

Posted by xcu843 > 2017-03-24 22:41 | Report Abuse

When RI ex date?

Posted by traderookie > 2017-03-25 20:22 | Report Abuse

When was the RI announced? If i buy mother share NOW will i still get the rights?

number2

280 posts

Posted by number2 > 2017-03-27 08:46 | Report Abuse

no announcement yet, now buy still entitle

number2

280 posts

Posted by number2 > 2017-03-27 08:53 | Report Abuse

predict announce in august, together with dividend 0.02 together

xcu843

1,062 posts

Posted by xcu843 > 2017-03-27 15:48 | Report Abuse

Still long to go

pussycats

7,640 posts

Posted by pussycats > 2017-03-27 15:51 | Report Abuse

Good luck

alamak123

55 posts

Posted by alamak123 > 2017-03-27 21:41 | Report Abuse

not only good luck,we have good price every day,

alamak123

55 posts

Posted by alamak123 > 2017-03-27 21:46 | Report Abuse

today JKGLAND-OR closed at 0.005 cents.droped 75%,is this history can happen on LG ?

pussycats

7,640 posts

Posted by pussycats > 2017-03-28 10:20 | Report Abuse

lady luck

pussycats

7,640 posts

Posted by pussycats > 2017-03-28 17:52 | Report Abuse

why so ghostly here. Nobody here but ghost. Sad. Now I buy SIowly.

pussycats

7,640 posts

Posted by pussycats > 2017-03-30 14:16 | Report Abuse

why so ghostly here. Nobody here but ghost. Sad. Now I buy SIowly

pussycats

7,640 posts

Posted by pussycats > 2017-03-31 19:30 | Report Abuse

why so ghostly here. Nobody here but ghost. Sad. Now I buy SIowly

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