UNDER THE ABOVE HEADLINES IN THIS I3FORUM FOR L&G THERE WAS A POSTING BY :
L&G RM335 related party purchases Author: lkoky | Publish date: Wed, 16 Nov 2016, 09:20 AM
THE INFO PROVIDED SERVED TO CONFIRM THE ACQUISITIONS HAD GREATLY INCREASED THE VALUES OF L&G'S TANGIBLE ASSETS AND ITS FUTURE EARNINGS (plse study his Chart and his positive comments)
I WISH TO ADD THE FOLLOWING COMMENTS:
POSITIVE INDICATIONS OF GOOD REVENUES AND PROFITS IN THE COMING QUARTERLY RESULTS: EARNINGS VISIBILITIES CAN BEE SEEN IN THE ABOVE GDV OF 4.2B (excluding future devt of its other huge landbanks owned at very Low Costs) near Tg. Malim & Serendah) AS UNBILLED SALES PROGRESSIVELY RECEIVED FROM END FINANCIERS ARE RECOGNISED AS REVENUES AND PROFITS
WITH FUTURE QUARTERLY EARNINGS GOINGING BE GOOD ITS HIGH 9.1% DIVIDEND YIELD (2 SEN YEARLY) WILL CONTINUE. SUSTAINABLE EARNINGS + CASH HOARD OF 464M(CASH BACKING OF 16 SEN PER SHARE) + ALMOST ZERO GEARING = REMAINING IN A CASH FLUSH POSITION)
I still fresh remember , after Darren liew give comment that day , the day after L&G rebound back , MAGIC CORRECTION , so i admire his ability in term , solid data provided , this round , he continue appear , just to put catalyst on this stock , i talk the tsunami straight away effect should be landed , they are GOD STOCK IN BURSA , like Hng33 , both are champion leader in term STOCK behaviour .
SITUATION NOW is like a FREE TICKET TO HEAVEN TOUR , after UP TREND , it become LUXURY PACKAGE , which need pay higher price to ENTER , I putting CONFIDENT again , it won't be cheap after the UP GRADING , it turn to be privilege symbol , L&G only those GRAND STATUS AFFORD TO JOINT .
FUTURE QUARTERLY RESULTS WILL BE SUPPORTED BY THE 2 ONGOING DIAMOND CITY PLOT A AND PLOT B PROJECTS WITH A COMBINED GDV OF RM1.33B GDV. >80 SOLD. THEIR STRONG UNBILLED SALES WILL TRANSLATE INTO REVENUES AND PROFITS AS SALES PROCEEDS ARE PROGRESSIVELY RECEIVED AND RECOGNISED.
MOST IMPORTANT TO KNOW :- L&G IS CASH RICH AND HAS ALMOST ZERO GEARING (ALMOST NO BORROWINGS)
CALVIN HAD PROVIDED A VIDEO ON THESE 2 DIAMOND CITY PROJECTS. IMPRESSIVE.
STRONG FUNDAMENTALS (AND GROWING STRONGER) 1) CASH BACKING PER SHARE 16 SEN 2) HIGH DIVIDEND YIELD (DY) 9.1% (2 SEN YEARLY) 3) ALMOST ZERO GEARING (ALMOST NO BORROWINGS) 4) HIGH NTA OF 58 SEN (VERY CONSERVATIVE BASED ON ITS VERY LOW COST OWNERSHIP OF 2474 ACRES OF LANDBANK ON THE OUTSKIRTS OF TJ. MALIM (1 HOUR FROM KL) WHICH IS FAST BECOMING A BOOMING TOWNSHIP WITH THE BIG EXPANSION OF PROTON CITY BY CHINA AUTO GIANT GEELY J/V PARTNERSHIP WITH DRB-PROTON). Book value only RM0.44 sen psf compared to Banks’ valuation of at least RM3.00 psf. IT ALSO OWNS 137 ACRES OF LAND IN SERENDAH/RAWANG OWNED AT LOW COST OF 81 SEN PSF. OTHER STRATEGIC LANDS OWNED INCLUDE ITS PLENTONG JB LAND RIPE FOR FAST DEVT BEING CLOSE TO THE BIG OUTLETS OF AEON AND IKEA BUILT THERE.
CRITICAL FACTORS/CATALYSTS TO LOOJK FOR IN STOCK SELECTIONS (L&G HAS ALL THESE ) 1) GOOD FUNDAMENTALS WITH STRONG UNDERLYING ASSET BACKINGS (CASH PLUS TANGIBLE LANDED ASSETS WHICH ARE STILL VERY UNDERVALUED SO THAT THERE WILL SUSTAINABLE DIVIDEND PAYOUTS PLUS BUSINESS GROWTH IN FUTURE AS VALUABLE LAND ASSETS ARE SOLD AT CURRENT MARKET PRICES OR DEVELOPED 2) LOW SHARE ENTRY PRICE OF 0.23 (SAFE AND AFFORDABLE AND WITH HIGH POTENTIAL RETURNS)
NTA 58 SEN CONFIRMED BY YAHOO FINANCE BASED ON ENLARGED CAPITAL BASE BCOS OF THE RI CASH BACKING AND ITS ACQUISITIONS OF LANDED PROJECTS AND LANDBANKS ARE BELOW CURRENT MARKET CONSIDERATIONS.
I HAD CHECKED FROM YAHOO FINANCE
ANYWAY L&G'S CURRENT NTA IS STILL CONSERVATIVE STATED GIVEN ITS HUGE LANDBANKS OWNED AT EXCEPTIONALLY LOW COSTS
AGREED. NTA UNCHANGED AT 58 SEN . STILL VERY CONSERVATIVE AND UNDERSTATED BASED ON HUGE LOW COST OWNERSHIPS OF ITS BIG STRATEGICALLY LOCATED LANDBANKS. PROSPECTS FOR UPWARD REVISIONS OF ITS NTA ARE REAL UPON SALES OF SUCH LANDS AT CURRENT HIGHER PRICING OR TURNED INTO GDV/REVENUES/PROFITS/CASH
SUCH LOW COST OWNERSHIPS OF STRATEGICALLY PRIME LANDBANKS ARE REAL POTENTIAL GOLD MINES. PROMISING PROSPECTS OF GOOD FUTURE PROFITS AND SPECIAL DIVIDENDS PAYOUTS IN ADDITION TO ITS SUSTAINABLE 2 SEN YEARY NORMAL DIVIDENDS (9.1% DY)
THANKS Invest33. LATEST ARTICLE POINTING TO THE NEXT BOOM TOWNSHIP OF TG MALIM BOOSTED BY THE EXPANSION OF CHINA GEELY LED PROTON CITY THERE. VERY BULLISH FOR L&G'S 2474 ACRES OF LANDBANK THERE (OWNED AT VERY LOW COST/BOOK VALUE OF ONLY 44 SEN PSF
I hope you will win. You win I lose nothing, but if I win, I win nothing too. Anyway, good luck to you as we all need luck.
khatulistiwa1234 TIME will tell , i challenge you , since all my relative member , internal and external all already bulk in , i never surrender , play until the FINAL . 24/07/2017 15:46
AS A MATTER OF PRINCIPLE I DON'T LIKE TO BE PERSONAL WHEN COMMENTING ON OTHER READERS. EVERYONE IS ENTITLED TO HIS OWN VIEWS AND OPINIONS. WE DON'T HAVE TO AGREE OR FOLLOW THE VIEWS OF OTHERS. EACH SHOULD USE HIS OWN JUDGEMENTS WHEN DECIDING. BUT I THINK SOME PEOPLE GOT CAUGHT WITH TROPICANA SHARES. TOO BAD
USUALLY I REFRAIN FROM MAKING ANY DIRECT CALLS ON ANY SHARES. I WILL LOOK FOR BOTH THE MERITS AND DEMERITS OF EACH COUNTER AND COMMENT ACCORDINGLY. EG. I INITIALLY DISPUTED THE NTA OF 58 SEN AS PUT FORWARD BY CALVIN. U CAN CHECK MY EARLIER POSTINGS ON THIS ON THE BASIS THAT ITS SHARE BASE BEING ENLARGED BY ITS 8:5 RI. I ALSO PUT FORWARD MY VIEWS THAT ITS 2 SEN DIVIDEND MAY NOT BE SUSTAINABLE DUE TO ITS DILUTION BY ITS RI. HENCE I DO HIGHLIGHT BOTH THE POSITIVE AND NEGATIVE FACTORS RELEVANT TO A PARTICULAR COUNTER.
ANYWAY I AM JUST AN ORDINARY (SMALL) INVESTOR MAKING SIMPLE COMMENTS ON THE SHARE MARKET. NOT TECHNICALLY QUALIFIED FOR SOPHISTICATED ANALYSIS. HENCE I HUMBLY ADMIT MY VIEWS WILL NOT BE ABLE TO INFLUENCE ANY INVESTOR
To flow with the WAVE , Darren liew is MASTER SIFU ,with him around , i am all my partner can sleep well , BAD LUCK will never landed , only GOOD LUCK will follow , COZ DARREN IS LUCKY GOD for US .
CALL BUY ON due to POISON TICKET FAMOUS STOCK CHAMPION TALKATIVE , DARREN LIEW , PLUS ROOF TOP ANALYST IN REGION MR CALVIN TENANG < EAGLE IN FORREST , BOTH CONFIRM BEING IN BIG FIRECRACKER TO ULTIMATE BLAST ON THIS STOCK .
Nvm trust the khatulistiwa barking , he should be declared all in at the very high price & keep instigated reader in i3 to freeze his cash flow , don't fall on trap.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,552 posts
Posted by calvintaneng > 2017-07-24 16:55 | Report Abuse
Appreciate 100%?
More than that.
L&G's prospect is more solid than Jaks.
If Jaks could go up 300% why not L&G