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 Hoong Ling > 2017-04-25 15:48 | Report Abuse

hng33, very clever move... good strategy

imlearning

869 posts

Posted by imlearning > 2017-04-25 15:52 | Report Abuse

HUAT 888,tqvm!

Han Fai

15 posts

Posted by Han Fai > 2017-04-25 22:58 | Report Abuse

Hello all, if I bought the share, the investment bank will direct bank in to me?

imlearning

869 posts

Posted by imlearning > 2017-04-26 10:33 | Report Abuse

huat888 , i fill up the "rights subscroption form", after that have to go for revenue stamp RM10, right? (am i fill in the right form?) i have no mother share, only bought OR.

huat888

514 posts

Posted by huat888 > 2017-04-26 11:10 | Report Abuse

Hv u called up yr remiser or Investment Bank? They should advise how to subscribe the OR.

huat888

514 posts

Posted by huat888 > 2017-04-26 11:11 | Report Abuse

Can just buy OR to subscribe the Rights Issue.

huat888

514 posts

Posted by huat888 > 2017-04-26 11:13 | Report Abuse

Next time buy OR under niminee account to save the trouble. INvestment bank will do everything for u at a fee

Ggwpbro

197 posts

Posted by Ggwpbro > 2017-04-26 15:20 | Report Abuse

Dividend yield can cover one year interest dy if buy in now. So cheap?

Posted by prudentinvestor > 2017-04-26 16:11 | Report Abuse

Those who had bought L&G at 50 sen and above not too long ago just need to wait till its share price goes up to 33 sen to reach break even point, very highly possible in the near future.

value_invest

1,152 posts

Posted by value_invest > 2017-04-26 18:38 | Report Abuse

Based on fundamental, the share price is so depressed and cheap now.. Market players were irrational dumping the shares without making proper study and research.. Those who buy now or last week will be making gain of 30% to 40% when the price reaches 33 sen.. Advise: Strong Buy...

The_Reds

2,025 posts

Posted by The_Reds > 2017-04-26 19:54 | Report Abuse

I buy at 0.24 which is slightly higher than 52w low of 0.235..now it seems to slowly climb back to above 0.3

Surewin123

12,594 posts

Posted by Surewin123 > 2017-04-26 20:02 | Report Abuse

haha, i hit and run twice in this counter

245->250
250->255

i agree that fundamental wise this counter is solid. Just lack goreng element.

Ggwpbro

197 posts

Posted by Ggwpbro > 2017-04-26 21:35 | Report Abuse

Need goreng goreng fry it up now. Fasten your seatbelts in the meantime

luckyman

720 posts

Posted by luckyman > 2017-04-26 21:43 | Report Abuse

Its ICUL is undervalued now @ 18 sen.

The conversion price is one ICUL plus 7 sen => 1 ordinary share which closed at 26.5 sen today. One can consider buying the ICULs now and convert into ordinary share immediately

tah16600

2,646 posts

Posted by tah16600 > 2017-04-27 10:26 | Report Abuse

Now Maryland 's Boss happily sitting on cosy chair in the cosy office collection money from right issues.

Wk1983

20 posts

Posted by Wk1983 > 2017-04-27 16:34 | Report Abuse

how to collect money as the Maryland people need to also pay money to subscribe to the Rights?

Posted by prudentinvestor > 2017-04-27 20:29 | Report Abuse

After the rights issue, L&G will then buy land from the major shareholders of Mayland.

Investlink

189 posts

Posted by Investlink > 2017-04-28 09:07 | Report Abuse

Maryland bought the land already... pending payment.. I was told the land is in very good location and L&G get a fair price n good deal for the land.. buy now loh when price is still cheap

Posted by Chee Poh Tay > 2017-04-29 02:57 | Report Abuse

Next week still can submit the form?

Posted by Chee Poh Tay > 2017-04-29 02:57 | Report Abuse

I can't dind the form to fill, can someone give me the link?

Posted by Chee Poh Tay > 2017-04-29 02:58 | Report Abuse

Tq

5025

1 posts

Posted by 5025 > 2017-04-29 09:25 | Report Abuse

Bursa web

Posted by prudentinvestor > 2017-04-29 12:19 | Report Abuse

All shareholders should have received their application forms by Thursday.

luckyman

720 posts

Posted by luckyman > 2017-04-30 16:58 | Report Abuse

26 sen now. Its share price won't double but can go up by 20 sen easily when the property sector is seen as undervalued and set to recover.

Posted by prudentinvestor > 2017-04-30 22:58 | Report Abuse

Rights shares are also entitled to the 2 sen dividend only if they are credited into our CDS accounts before the ex dividend date, that is before 22 May.

Posted by Ooi Cheng Kee > 2017-05-02 00:36 | Report Abuse

Can we subscribe the Rights Issue through online or ATM machine?

imlearning

869 posts

Posted by imlearning > 2017-05-02 11:13 | Report Abuse

dont think so. after i keep calling the remiser, finally i done for the right issue. ooi, you better act fast, tomorrow is the last day of payment

Posted by prudentinvestor > 2017-05-02 12:02 | Report Abuse

Just follow the instructions stated in the application form. Very easy to follow.

diqiuhao

166 posts

Posted by diqiuhao > 2017-05-02 12:12 | Report Abuse

normally share price will going up on the last day of right issue. Tomorrow will drop

imlearning

869 posts

Posted by imlearning > 2017-05-02 12:36 | Report Abuse

when can we get the mother share after 3 may? anyone know?

diqiuhao

166 posts

Posted by diqiuhao > 2017-05-02 12:39 | Report Abuse

18th May 2017

imlearning

869 posts

Posted by imlearning > 2017-05-02 12:43 | Report Abuse

tq diqiuhao

value_invest

1,152 posts

Posted by value_invest > 2017-05-03 16:26 | Report Abuse

Based on my research, The share are very deeply under valued.. I can see there are BIG players accumulating the shares on the market...

cychoy

19 posts

Posted by cychoy > 2017-05-03 17:28 | Report Abuse

this company is 'FOC'. It has negative enterprise value.

Posted by khatulistiwa1234 > 2017-05-03 18:10 | Report Abuse

SECRET MOVE .

Posted by desmondkee > 2017-05-03 20:54 | Report Abuse

It is good to have price ranges stay between 0.26 - 0.28 for a little while before break over 0.30 few weeks later if refer to RSI.

luckyman

720 posts

Posted by luckyman > 2017-05-04 06:28 | Report Abuse

Buy the ICUL and convert it into ordinary share and sell for a 10% profit as it is undervalued nowi

Posted by Hoong Ling > 2017-05-04 10:06 | Report Abuse

Lucky man, what's the conversion price and ratio? Where to find these info?

value_invest

1,152 posts

Posted by value_invest > 2017-05-04 11:17 | Report Abuse

ICULS not entitle to 2% dividend... no different..

luckyman

720 posts

Posted by luckyman > 2017-05-05 21:32 | Report Abuse

The issue price of the ICUL was 13 sen. Previously one needs to surrender one ICUL plus 13 sen cash to exchange for one ordinary share when the conversion price was 26 sen.

Now the conversion price has been reduced to 20 sen arising from the recent rights issue of the mother share but the issued price of ICUL remains at 13 sen. Hence, going forward, one will only have to surrender 1 ICUL (issued price @ 13 sen) plus 7 sen only to exchange for one ordinary share. The ICUL is hence undervalued now @ 18.5 sen when the mother share is 27.5 sen. One can buy and convert immediately and sell quickly.

The upside for the ICUL will be good when the mother share starts to rally in the second half of 2017.

smartly

6,441 posts

Posted by smartly > 2017-05-08 10:05 | Report Abuse

no different...

ivankvs

517 posts

Posted by ivankvs > 2017-05-09 17:36 | Report Abuse

.

Posted by prudentinvestor > 2017-05-10 10:24 | Report Abuse

More than 6 days have elapsed since the last date for the acceptance of rights issue applications but we still have not been informed of the outcome of the applications. A bit slow.

aunchea

9 posts

Posted by aunchea > 2017-05-10 10:32 | Report Abuse

I think the listing date is May 18

smartly

6,441 posts

Posted by smartly > 2017-05-11 19:34 | Report Abuse

19.93% over-subscribed.

luckyman

720 posts

Posted by luckyman > 2017-05-11 22:14 | Report Abuse

Its rights issue had been well subscribed by 93% shareholders. Coupled with 27% of excess applications received, the rights issue had indeed been over-subscribed by 20%. What a surprise to many people. Hence, 93% of existing shareholders have shown support for the company.

The company will remain cash rich with more land bank ready for immediate development to generate more profits for the next 5 years!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5424125

ampabella

1,378 posts

Posted by ampabella > 2017-05-11 22:54 | Report Abuse

Wait for the rm20 ang pau, later can go makan dai pau, if got 10 biji can eat pau yee
just wait lah no hurry

fengjing

16 posts

Posted by fengjing > 2017-05-12 16:36 | Report Abuse

hi,may I ask I buy the share today, am I entitle for the special dividend?

smartly

6,441 posts

Posted by smartly > 2017-05-12 16:53 | Report Abuse

yup

fengjing

16 posts

Posted by fengjing > 2017-05-12 16:58 | Report Abuse

@ smartly, thank ya

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