LAND & GENERAL BHD

KLSE (MYR): L&G (3174)

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Last Price

0.12

Today's Change

0.00 (0.00%)

Day's Change

0.12 - 0.125

Trading Volume

5,225,100


32 people like this.

11,265 comment(s). Last comment by theyoungman 3 days ago

tkl88

8,712 posts

Posted by tkl88 > 2020-12-28 17:25 | Report Abuse

tomanhead, little bit lar, i already told your to buy steel theme stock earlier in i3, today you see my post on steel price spike up like mad's news, enter in the early morning, still can make a hugh profit of around 30 % 40 % ++ on most of the the steel counters...

The next counters to spike up will be O&G, property & construction stocks !
So, should sailang earlier before too late !

Huat ah ! Heng ah ! Ong ah !

kion11

57 posts

Posted by kion11 > 2020-12-29 17:26 | Report Abuse

Oh I see. Thanks for the good intention tkl88

nklye

844 posts

Posted by nklye > 2020-12-29 22:25 | Report Abuse

@tkl88, so many, which counter the best?

orange11

71 posts

Posted by orange11 > 2020-12-30 08:47 | Report Abuse

no nid to look far
buy more l n g

Posted by SingInvestor > 2020-12-31 16:42 | Report Abuse

Happy New Year and a Great 2021 ahead for us.

orange11

71 posts

Posted by orange11 > 2021-01-03 09:56 | Report Abuse

consolidate nicely, up or down?
yr guess

freeze789

234 posts

Posted by freeze789 > 2021-01-04 00:36 | Report Abuse

uptrend is forming, be patient.

CUTLOST

5,178 posts

Posted by CUTLOST > 2021-01-07 11:13 | Report Abuse

Wow. Attractive

BillyK

570 posts

Posted by BillyK > 2021-01-07 11:26 | Report Abuse

just buy and keep

jack2

1,359 posts

Posted by jack2 > 2021-01-07 12:22 | Report Abuse

Sri damansara club house land 36 acres convert to dev project - GDV RM2 B, launching mid this year
Bukit Beringin palm oil land 2400 acres convert to mixed development and theme park in the future - GDV RM100B

CUTLOST

5,178 posts

Posted by CUTLOST > 2021-01-07 14:00 | Report Abuse

L&G 11cts..7 January 2021..c u at May 2021..

BearishTrend

1,296 posts

Posted by BearishTrend > 2021-01-09 13:57 | Report Abuse

Just buy if hit 5cts next week

orange11

71 posts

Posted by orange11 > 2021-01-11 10:10 | Report Abuse

sell sell
i collect at 10ct

orange11

71 posts

Posted by orange11 > 2021-01-11 10:25 | Report Abuse

if drop to 5cts, dun woorry
send the truckers to my warehouse, COD

Posted by BearishTrend > Jan 9, 2021 1:57 PM | Report Abuse

Just buy if hit 5cts next week

jack2

1,359 posts

Posted by jack2 > 2021-01-12 16:09 | Report Abuse

players kept selling small lots
hoping more sellers will come out

jack2

1,359 posts

Posted by jack2 > 2021-01-12 16:53 | Report Abuse

more selling is good to weed out weak holders

jack2

1,359 posts

Posted by jack2 > 2021-01-15 09:21 | Report Abuse

sell

jack2

1,359 posts

Posted by jack2 > 2021-01-15 15:18 | Report Abuse

sell

meadow1628

1,084 posts

Posted by meadow1628 > 2021-01-20 11:17 | Report Abuse

Property sector on recovery path
Wednesday, 20 Jan 2021
https://www.thestar.com.my/business/business-news/2021/01/20/property-sector-on-recovery-path

PETALING JAYA: The property sector is poised for recovery in 2021, driven by a better economic outlook and historically low interest rate environment as well as pent-up demand.

Maybank IB Research expects buying sentiment on properties to improve in anticipation of a better economic outlook this year.
It also opined that sales for the first half of this year would perform better than the second half as buyers are expected to make full use of the Home Ownership Campaign (HOC) 2020 before it ends on May 31,2021.
“Property sales spiked up in May-June 2019 before the government extended the HOC 2019’s timeline to end-December 2019 from June 2019.
“We reckon a similar buying pattern may repeat and there could be a rush into buying property before the end of HOC 2020 on May 31,2021, particularly for properties priced above RM500,000, ” it said.
Last year was a challenging one for developers as the property sector faced a triple whammy of oversupply, a weak economy and the coronavirus pandemic, which led to various phases of the movement control order (MCO).
During the initial phase of the MCO, construction works were halted completely while sales galleries were closed for months and this led to weak sales and earnings performance in the first half of 2020.
Most of the developers under Maybank IB’s coverage had recorded losses in the nine-month period of last year, partly due to huge impairment losses.
While developers acclimatised to the “new norm” through digitalisation and virtualisation and aggressively marketed their products online, the government had also introduced a few policy easing measures during the Penjana last June.
These included stamp duty exemption on the instruments of transfer and loan agreement for the purchase of residential homes priced between RM300,000 and RM2.5mil, real property gains tax exemption for the disposal of residential homes from June 1,2020 to Dec 31,2021 and the lifting of the 70% financing margin limit on the third property onwards.
Stamp duty exemption on instruments of transfer and loan agreements for first-time home buyers for residential properties up to RM500,000 was also extended until Dec 31,2025.
These incentives, together with additional rebates offered by developers, will help reduce upfront costs related to property purchases, Maybank IB noted.
“Fiscal policy remains expansionary via Budget 2021 with a record spending allocation of RM322.5bil that includes an all-time high gross development expenditure.
“We also expect Bank Negara to stay accommodative to enable sustainable economic recovery and maintain the record-low overnight policy rate (OPR) of 1.75% until end-2021. Any change in the OPR this year will be cut(s) rather than hike(s), we believe. These will help to entice the potential property buyers into the market due to the cheaper costs for property purchases, ” the research house added.
Operationally, Maybank IB thinks developers are on “cleaner ground” post-kitchen sinking in 2020. The second MCO is expected to have a lower damage impact on sales.
However, Maybank IB highlighted that there are still risks to the sector, including political stability post-Emergency. Based on its observation, demand for big-ticket items such as properties usually drops around six months before a general election. Additionally, the economic recovery is reliant on the successful rollout of vaccines.
It also cautioned that the recovery in the local property market may be set back by the jump in the number of auctioned properties when the additional six-month targeted repayment assistance scheme expires end-June 2021.
“While demand-supply rebalancing will still take some time, we think the worst is over and homes sales may have hit bottom already and should improve year-on-year in 2021 on the above mentioned factors.”

jack2

1,359 posts

Posted by jack2 > 2021-01-22 08:51 | Report Abuse

sell
more selling the better

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2021-01-30 15:25 | Report Abuse

TP 9, 9 sen.

orange11

71 posts

Posted by orange11 > 2021-02-01 18:49 | Report Abuse

https://www.theedgemarkets.com/article/chin-hin-plans-land-buy-serendah-expand-property-development-segment Chin Hin Group Property Bhd is buying five parcels of land in Hulu Selangor for RM54.52 million to expand its property development activity, rm23psf

orange11

71 posts

Posted by orange11 > 2021-02-01 18:51 | Report Abuse

what is the value of land at mukim kerling psf

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-01 19:58 | Report Abuse

Covid-19: Malaysia snaps five-thousand streak as new cases drop to 4,214; 10 more deaths reported
Syafiqah Salim /
theedgemarkets.com
February 01, 2021 18:26 pm +08

https://www.theedgemarkets.com/article/covid19-malaysias-new-cases-drop-4214-10-more-deaths

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-01 20:05 | Report Abuse

Superb good news !
First batch of Pfizer’s Covid-19 vaccine
will reach Malaysia on 26th of February 2021
3 more weeks to go !

◤新冠又一年◢首批辉瑞- BioNTech疫苗 料26日到!
https://www.chinapress.com.my/?p=2383630

benteo78

230 posts

Posted by benteo78 > 2021-02-15 19:01 | Report Abuse

buy now...going to up very soon....

benteo78

230 posts

Posted by benteo78 > 2021-02-15 19:01 | Report Abuse

to 0.15

kasinathan

967 posts

Posted by kasinathan > 2021-02-16 09:43 | Report Abuse

Coming

kasinathan

967 posts

Posted by kasinathan > 2021-02-16 09:43 | Report Abuse

Big up!

kasinathan

967 posts

Posted by kasinathan > 2021-02-16 09:46 | Report Abuse

To retest new high

jack2

1,359 posts

Posted by jack2 > 2021-02-16 19:11 | Report Abuse

no volume, no goring
how to go up?

benteo78

230 posts

Posted by benteo78 > 2021-02-16 22:57 | Report Abuse

what price U want?

Posted by sekulper > 2021-02-18 09:50 | Report Abuse

All thr bros. Watch out this counter. Sudden gush in volume this morning at 9.20 am.

Posted by Akino qiu shou > 2021-02-18 09:51 | Report Abuse

OTW !

kasinathan

967 posts

Posted by kasinathan > 2021-02-18 10:08 | Report Abuse

Coming

jack2

1,359 posts

Posted by jack2 > 2021-02-18 13:04 | Report Abuse

12cts cannot clear??

jack2

1,359 posts

Posted by jack2 > 2021-02-18 15:20 | Report Abuse

anyone pick up RI at 21cts in 2017 & still holdng

pretty_life

4,810 posts

Posted by pretty_life > 2021-02-23 13:31 | Report Abuse

Limit up later... superb QR price worth for 0.250

Posted by i3investor007 > 2021-02-23 13:36 | Report Abuse

Sure or not? I heard thousands times people said the same, hardly more than 3% became reality.

See if you are chun chun call, or purely sinkaran, let’s see

pretty_life Limit up later... superb QR price worth for 0.250
23/02/2021 1:31 PM

xcu843

1,062 posts

Posted by xcu843 > 2021-02-23 14:48 | Report Abuse

Share also cannot up

cicakman

7,717 posts

Posted by cicakman > 2021-02-23 15:22 | Report Abuse

Anytime will move up,probablity tommorow.

Posted by Akino qiu shou > 2021-02-23 15:26 | Report Abuse

Good & encouraging financial result.

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-23 15:38 | Report Abuse

Land & General returns to the black in 3Q
Tuesday, 23 Feb 2021 2:51 PM MYT
https://www.thestar.com.my/business/business-news/2021/02/23/land--general-returns-to-the-black-in-3q

KUALA LUMPUR: Land & General Bhd (L&G) posted a net profit of RM7.24mil in the third quarter ended Dec 31, 2020, against a net loss of RM637,000 in the same period last year.

Revenue, however, fell 17.6% to RM30.19mil from RM36.68mil in the same corresponding period.

The decrease in the quarter’s revenue was due to lower contribution from property division.

Its pre-tax profit rose to RM9.68mil from RM3.92mil mainly due to the writebacks in property and other divisions totalling RM4.43mil and the share of profit from Country Garden Properties (Malaysia) Sdn Bhd of RM1.12mil.

In the first nine months to Dec 31, 2020, L&G registered a net profit of RM26.76mil on revenue of RM96.85mil.

Posted by stockhunter888 > 2021-02-23 16:30 | Report Abuse

Good or no good??

Hitto

49 posts

Posted by Hitto > 2021-02-23 17:25 | Report Abuse

A lot of companies are making losses during this period but this company still managed to record a net profit of RM26.76 mil for the 1st 9 months. I think is good.

jack2

1,359 posts

Posted by jack2 > 2021-02-23 18:41 | Report Abuse

good results
tonite will go limit up

freeze789

234 posts

Posted by freeze789 > 2021-02-23 20:13 | Report Abuse

for short term is ok..but long term 0.200 sure can ..still got 100mil unbill property. Management already give you hints want to clear up in this year.

Posted by Akino qiu shou > 2021-02-24 09:12 | Report Abuse

RM0.15 is OTW !

jack2

1,359 posts

Posted by jack2 > 2021-02-24 09:50 | Report Abuse

12cts cant clear
how to reach 15ct

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2021-02-24 12:28 | Report Abuse

Hopefully lower revenue next round so that higer profit.

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