LAND & GENERAL BHD

KLSE (MYR): L&G (3174)

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Last Price

0.12

Today's Change

+0.005 (4.35%)

Day's Change

0.12 - 0.12

Trading Volume

4,994,400


32 people like this.

11,266 comment(s). Last comment by theyoungman 6 hours ago

cytew

1,610 posts

Posted by cytew > 2014-09-18 19:43 | Report Abuse

If David Chiu convert all his LA into mother shares next week it will trigger a MGO, because his holding will exceed 33% unless he does not convert all.

cytew

1,610 posts

Posted by cytew > 2014-09-18 20:00 | Report Abuse

About 400 million LAs are not converted yet, out of 400 millions, 240 millions are held by Mayland, others hold about 160 millions

Posted by wajatimur_28 > 2014-09-18 20:00 | Report Abuse

So the price will really drop back or what?...any idea?yai...is it any hope the price will go up?

Nitezzz

372 posts

Posted by Nitezzz > 2014-09-18 21:25 | Report Abuse

Guess after dividend price will drop abit ??

khkyl

146 posts

Posted by khkyl > 2014-09-18 22:10 | Report Abuse

when must the loan stock to be convert?any due date? tq

vergenus

20 posts

Posted by vergenus > 2014-09-18 22:12 |

Post removed.Why?

Posted by wajatimur_28 > 2014-09-19 00:54 | Report Abuse

When share holder entitle fôr divden?

Jansen

1 posts

Posted by Jansen > 2014-09-19 09:25 | Report Abuse

Can any experience expert advice if I want to keep dividen, do I have to keep shr until entitlement date or keep until ex date to enjoy the the dividen payout?

repusez

125 posts

Posted by repusez > 2014-09-19 10:48 | Report Abuse

You can sell on the Ex-date and still get the dividend.

The entitlement date is just a formality and where the book keeping takes place. Ex-date will be the actual date of determination which is why the price will be adjusted on the ex-date.


There are always 3 dates in an announcement.

The only dates you should keep in mind is the EX-Date and the Payment date. The entitlement/lodgement date is just a formality announcement and does not affect you as a shareholder.

repusez

125 posts

Posted by repusez > 2014-09-19 10:50 | Report Abuse

the above info is copied from https://forum.lowyat.net/topic/2016738/all

keshminder

215 posts

Posted by keshminder > 2014-09-19 14:25 | Report Abuse

Mayland has converted

Posted by manutdchampion > 2014-09-19 14:27 | Report Abuse

after 23th september will drop more?why?

Posted by Lollipot Anison > 2014-09-19 14:41 | Report Abuse

mayland converted its 140m out of its 240m of LA

Posted by jokertee > 2014-09-19 16:41 | Report Abuse

After Mayland converted its LA, now Mayland holding 39.11% of the L&G which more than 33%, so what will happen? MGO?

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2014-09-19 17:04 | Report Abuse

MGO then the price will shoot up hoho

Posted by Jansen88 > 2014-09-19 17:17 | Report Abuse

Yay...MGO MGO

Posted by Jansen88 > 2014-09-19 17:20 | Report Abuse

Yippee....

johnte

192 posts

Posted by johnte > 2014-09-19 17:29 | Report Abuse

why want converted its LA? It is because want issue dividend every year already. Once have dividend the share price will shoot up, many investors will buy in rather than save the money in FD. It is good news for L&G long term investors. TP remain same RM1.20, cheers~

Posted by Jansen88 > 2014-09-19 18:09 | Report Abuse

So what is the 100,371,000 units bringing it to 39.11%?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1743533

Posted by Jansen88 > 2014-09-19 18:12 | Report Abuse

Misreport? Because earlier they have 103,420,000 units and adding 140,000,0000 it comes up to 243,420,000. No mention of 100,371,000 before

Nitezzz

372 posts

Posted by Nitezzz > 2014-09-19 18:13 | Report Abuse

Huhuhu...no more cheap price to go in....

Posted by Jansen88 > 2014-09-19 18:15 | Report Abuse

Repusez can you help? Tqs

hermen1123

174 posts

Posted by hermen1123 > 2014-09-19 19:03 | Report Abuse

SO IS IT WORTH TO KEEP LA OR BUY MOTHER NOW??

Posted by coolwinter99 > 2014-09-20 02:36 | Report Abuse

mother

Posted by wajatimur_28 > 2014-09-20 03:18 | Report Abuse

Ready for take off....

Posted by manutdchampion > 2014-09-20 09:25 | Report Abuse

(吉隆坡19日訊)置地通用(L&G,3174,主要板房產)主要股東Mayland Parkview私人有限公司,已轉換1億4000萬不可贖回可轉換無擔保債券(ICULS),為前者1億4000萬新普通股。

 置地通用向馬證交所報備,Mayland Parkview是在昨日轉換這批不可贖回可轉換無擔保債券(ICULS)。

 Mayland Parkview目前持有置地通用25.9%股權,相等于2億4342萬普通股,每股面值20仙。

 置地通用閉市收在66仙,揚1仙或1.54%,全日成交量542萬800股。

Posted by manutdchampion > 2014-09-20 09:26 | Report Abuse

mayland just have 25.9% share of l&G not 39.11%

Posted by wilkinsonyeo > 2014-09-20 10:09 | Report Abuse

Based on last annual report, Mayland has another 100,371,000 LA not converted.
If this lot is converted NOW, it will bring Mayland's holding in L&G to slightly over 33%.

gonstan90

18 posts

Posted by gonstan90 > 2014-09-20 10:13 |

Post removed.Why?

Posted by wilkinsonyeo > 2014-09-20 15:46 | Report Abuse

I do not know why the last post was removed, but I seemed to have been alerted due to my earlier post.

I think if one trying to use one site to advertise himself or advertise for another site,
it would not be a right thing to do, professionally and ethically.

Posted by Lollipot Anison > 2014-09-20 17:07 | Report Abuse

if they want to convert, they will already convert all in one shot. As the time being, it will stay as 25.9% before ex

Posted by wajatimur_28 > 2014-09-20 18:25 | Report Abuse

So....price will up or down actually?

Son7

15 posts

Posted by Son7 > 2014-09-20 19:01 | Report Abuse

Do anyone of u has ever calculate the expected eps after all LA have been converted?

Joel

4,580 posts

Posted by Joel > 2014-09-20 21:04 | Report Abuse

http://www.chinapress.com.my/node/562035

Monday 应该会BULLISH !

Posted by wajatimur_28 > 2014-09-21 08:43 | Report Abuse

How do u know joel?

Posted by coolwinter99 > 2014-09-21 09:05 | Report Abuse

Tml will have good news,this week will up0.70

andyhard

147 posts

Posted by andyhard > 2014-09-21 10:04 | Report Abuse

What is the main purpose he coverted and control the L&G? Just for dividen? Or privatise? Compared to Dividen, looks like privatise and own it is more worth

Joel

4,580 posts

bing

3,794 posts

Posted by bing > 2014-09-21 17:59 | Report Abuse

Next week is the interesting week. Might break up to above 70cts. Then, 1st quarter of 2015 might the show time. Huat arrr!!!

jm678

147 posts

Posted by jm678 > 2014-09-21 20:39 | Report Abuse

A quick calculation shows that if other LA holders convert 1.72 million more LA to mother shares, Mayland may convert its remaining 100.371 million LA without touching the 33% mark that triggers mandatory general offer. There is a possibility that the 1.72 million being achieved tomorrow (the last trading date before the ex-div date) and seeing Mayland converting the remaining LA at the same time.

Will Mayland has more time to get the dividend because of the 25 September last entitlement date? Trust the Company Secretary may advise.

If Mayland becomes the 32.99% substantial shareholder, hope it may employ the huge cash resources sitting on in the best manner and work hard to bring the Company to a new high. After 500 million (done already on Friday), the next objective must be increasing the market cap to 1 billion.

All the best Land & General Berhad!

Joel

4,580 posts

Posted by Joel > 2014-09-21 21:15 | Report Abuse

下个星期,L&G预料可超过TP RM0.785 所设下的目标价!

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