LBS BINA GROUP BHD

KLSE (MYR): LBS (5789)

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Last Price

0.54

Today's Change

-0.015 (2.70%)

Day's Change

0.535 - 0.55

Trading Volume

3,207,200


18 people like this.

3,997 comment(s). Last comment by alfredloo90 8 hours ago

Lee Meng Fatt

5,194 posts

Posted by Lee Meng Fatt > 2013-08-22 00:10 | Report Abuse

one day up a few cents good enough. next week gonna announce profit

Lee Meng Fatt

5,194 posts

Posted by Lee Meng Fatt > 2013-08-22 00:22 | Report Abuse

BBB97, this will be another puncak

Posted by frleong2005 > 2013-08-22 08:14 | Report Abuse

Just read about this stock in d Sun papers. Hope they will keep their word to pay the dividends next year. May be can just buy one lot. What was the losest price for this year?

BBB79

2,689 posts

Posted by BBB79 > 2013-08-22 08:25 | Report Abuse

US drop on yesterday, sure is not good for today pricing...

BBB79

2,689 posts

Posted by BBB79 > 2013-08-22 08:26 | Report Abuse

Lee Meng Fatt, puncak good news coming soon, but LBS eih...eih...eih...

Posted by derrickinvestor > 2013-08-22 11:44 | Report Abuse

news already out.. it will go south for a while

BBB79

2,689 posts

Posted by BBB79 > 2013-08-22 11:49 | Report Abuse

is it economy crisis!!!

Posted by jennylee1382 > 2013-08-22 11:53 | Report Abuse

will be drop up to what price

Qiii

166 posts

Posted by Qiii > 2013-08-22 12:06 | Report Abuse

Cool down. I think the mother share is quite well supported due to the strong news / fundamentals + the directors' holdings have also increased.

People are selling the son. At the current price of 0.935 and well supported LBS mother at RM1.81, the warrant should be undervalued. Using Black Scholes with annualized volatility of 34%, the warrants should be priced at RM1.05. As long as people don't panic and keep selling down, we should be alright.

The panic is created from the US markets and foreign funds. Our Q2 GDP actually expanded 4.3%.

Posted by Lollipot Anison > 2013-08-22 12:08 | Report Abuse

GDP expanded??
It is below expectation of 4.9%

Qiii

166 posts

Posted by Qiii > 2013-08-22 12:12 | Report Abuse

It is like saying I ran 5 km last quarter and this quarter I ran 6 km which is an increase of 1 km but market tells me I am crap because market expects me to run 6.3 km and starts to sell down as if I only ran 3km last quarter.

euscilyn

592 posts

Posted by euscilyn > 2013-08-22 15:04 | Report Abuse

Guys, any comment ? Brainstorming time !!

euscilyn

592 posts

Posted by euscilyn > 2013-08-22 15:06 | Report Abuse

My opinion, this stock will be run at 1.72~1.75 and up again to 1.80~1.85.

euscilyn

592 posts

Posted by euscilyn > 2013-08-22 15:09 | Report Abuse

New score short terms at 1.85~1.90. Estimated new high score at $2 ~ 2.05 in Sept.

Qiii

166 posts

Posted by Qiii > 2013-08-22 15:14 | Report Abuse

IMHO, strong support around 1.80 - 1.83 level. I supposed this is currently a good stock to park money in for dividends until after Sep 2013. Warrants may be a good counter to play next week.

Posted by agrimineral > 2013-08-22 15:55 | Report Abuse

After this storm, definitely above 2 ringgit again

Posted by JXRepcoBuffet > 2013-08-22 16:23 | Report Abuse

damn syiok to play LBS-WA intraday..... buy at 87sen sell at 94 sen... but heart attack....

Qiii

166 posts

Posted by Qiii > 2013-08-22 16:58 | Report Abuse

Haha. No need to wait for next week it seems. :)

fabregas88

321 posts

Posted by fabregas88 > 2013-08-22 17:00 | Report Abuse

Qiii U know QE tapering issue at USA when decide?walao like this keep burst bursa susah la =(

Qiii

166 posts

Posted by Qiii > 2013-08-22 17:07 | Report Abuse

Actually some speculate that there are hedge funds who were targetting India and Indonesia and use QE as a reason. Basically QE is dependent on the FOMC's meeting. Yesterday they released minutes for the 30-31 July meeting - because no indication of when QE will taper (US market down). Next FOMC meeting is on 17-18 Sep (Fed will make a statement) and minutes will be released 3 weeks later. The schedule is available here:

http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

Qiii

166 posts

Posted by Qiii > 2013-08-22 17:10 | Report Abuse

However, if you read this thread, although LBS announced that foreign ownership will increase, we speculate that this is mainly from Chinese based companies (China & HK) - all the same gang who bought the land from LBS - so profit together by owning each others share and get dividends. Left pocket into right pocket. Remains my humble opinion.

fabregas88

321 posts

Posted by fabregas88 > 2013-08-22 21:46 | Report Abuse

u gt ur point qiii =D

Posted by drnumberuntung > 2013-08-23 00:21 | Report Abuse

Overbought .. time to correction a bit

Posted by derrickinvestor > 2013-08-23 09:17 | Report Abuse

both mother and son

charan das

6,400 posts

Posted by charan das > 2013-08-23 09:55 | Report Abuse

good value counter

Lee Meng Fatt

5,194 posts

Posted by Lee Meng Fatt > 2013-08-23 10:33 | Report Abuse

next week announce profit

fabregas88

321 posts

Posted by fabregas88 > 2013-08-23 10:34 | Report Abuse

lee?already annpunce dividen ma...u mean company profit?

Qiii

166 posts

Posted by Qiii > 2013-08-23 11:03 | Report Abuse

Collect

Peter Lee

347 posts

Posted by Peter Lee > 2013-08-23 14:09 | Report Abuse

some expect higher,the sale will be in quarter report,so next year will be big dv,total earning 30%

yanyana

768 posts

Posted by yanyana > 2013-08-23 15:27 | Report Abuse

FASTER UP! NEWSPAPER SAID CAN UP THIS FEW DAYS! TIPU!! FASTER SHOOT UP! ALL STOCK UP! ONLY LBS! FASTER WAKE UP

BBB79

2,689 posts

Posted by BBB79 > 2013-08-23 15:30 | Report Abuse

newspaper said it will up?

yanyana

768 posts

Posted by yanyana > 2013-08-23 15:30 | Report Abuse

yes!!la...so that why i buy in...shit

Newjune

49 posts

Posted by Newjune > 2013-08-23 15:31 | Report Abuse

There is a gap there between 165-17..i felt it will fill up the gap to go further again..

yanyana

768 posts

Posted by yanyana > 2013-08-23 15:31 | Report Abuse

I think these fuxker directors playing fxxking trip!

yanyana

768 posts

Posted by yanyana > 2013-08-23 15:34 | Report Abuse

tuesday LBS want give dividend, why drop!!! impossible ! fxck LBS director pandai tipu

BBB79

2,689 posts

Posted by BBB79 > 2013-08-23 15:35 | Report Abuse

chinese company sure expert in calculation...

Posted by derrickinvestor > 2013-08-23 15:36 | Report Abuse

it wont go up so fast already since news already out.. perhaps next 2 weeks

fabregas88

321 posts

Posted by fabregas88 > 2013-08-23 15:40 | Report Abuse

no ppl want dividen ke?zz

Posted by derrickinvestor > 2013-08-23 15:43 | Report Abuse

capitalization is more than dividen... and the dividen is spreaded 5 years I heard... Unless u hold big chunk, then dividen is good but small fish... better go for capitalization growth

Qiii

166 posts

Posted by Qiii > 2013-08-23 15:52 | Report Abuse

Lepak lah. I think someone is collecting - as long as people do not panic & sell down at a loss, it should appreciate in next few weeks. Dividend next week is small (2.5 sen), it is the dividend in Oct that people should be targeting.

Superman2

92 posts

Posted by Superman2 > 2013-08-23 15:57 | Report Abuse

Qiii : Yes what u said is correct. No more exciting news, it will surely go down. Be more careful at this point, a lot of people is throwing it out as 2.5 cents is not that much.

Lee Meng Fatt

5,194 posts

Posted by Lee Meng Fatt > 2013-08-23 20:35 | Report Abuse

Notice of Shares Buy Back - Immediate Announcement
LBS BINA GROUP BERHAD

Date of buy back 23/08/2013
Description of shares purchased Ordinary Shares of RM1.00 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 300,000
Minimum price paid for each share purchased ($$) 1.800
Maximum price paid for each share purchased ($$) 1.810
Total consideration paid ($$) 543,988.40
Number of shares purchased retained in treasury (units) 300,000

Lee Meng Fatt

5,194 posts

Posted by Lee Meng Fatt > 2013-08-23 20:37 | Report Abuse

yanyana , they announce on 20Aug which is the day our market big drop. cant blame the company drop , is mainly due to regional and local market bad sentiment

Lee Meng Fatt

5,194 posts

Posted by Lee Meng Fatt > 2013-08-23 21:57 | Report Abuse

LBS Bina implements dual dividend policies

By Charlotte Chong of theedgemalaysia.com
Wednesday, 21 August 2013 12:58

KUALA LUMPUR: Property developer LBS Bina Group Bhd has announced the implementation of dual dividend policies, encompassing a special dividend of six sen per share for the next four years.

Apart from its normal dividend policy, LBS Bina managing director Datuk Lim Hock San told a media briefing yesterday that the company has introduced a special dividend policy, which covers receipt of deferred cash payment from its disposal of assets.

Effective from the financial years ending Dec 31, 2014 to 2017, he said the company would propose a special dividend policy of six sen per share or up to 40% of each tranche received from selling assets.

The group has also declared a special tax-exempt dividend of eight sen, from the HK$500 million (RM211.8 million) received from Zhuhai Holdings Investment Group Ltd on Aug 12. The special dividend will be paid on Oct 18 this year.

"We decided to give a special dividend of eight sen for financial year 2013 after the disposal of the Chinese assets," said Lim.

On July 19, LBS Bina shareholders approved the disposal of its Chinese assets worth HK$1.65 billion, which would be settled in cash of HK$500 million and a 16.8% stake in Zhuhai Holdings worth HK$299.9 million.

The balance of HK$850 million will be paid to LBS Bina in tranches over four years, beginning next year.

It is worth noting that with 16.8%, LBS Bina will be the second largest shareholder in the Hong Kong-listed Zhuhai Holdings.

The assets that were sold to Zhuhai Holdings comprise a piece of development land and the Lakewood Golf Club in Zhuhai, China.

As for LBS Bina's normal dividend policy, shareholders will be paid out of profit from the group's ordinary business. "That will be from our Malaysian business," said Lim.

Under this policy, there will be a minimum payout of 30% of LBS Bina's profit after taxation from FY13 onwards.

The group has declared a 2.5 sen dividend for FY12, scheduled to be paid in September this year.

Lim noted that the combined dividend of normal and special dividends of 10.5 sen translates to a yield of 5.83% based on yesterday's closing price of RM1.80, for this year.

Commenting on the joint venture agreement (JVA) with Hotel Rasa Sayang Sdn Bhd, Lim said up to 30% of the RM375 million estimated development cost will be financed from bank borrowings.

LBS Bina recently signed the JVA with Hotel Rasa Sayang for a residential development project on a 1.18-acre (0.5ha) freehold tract in Johor Baru. The development has a gross development value of RM520 million.

"The target purchasers for the development are Malaysians, Singaporeans and Chinese from China."

Sitting on 2,115 acres of undeveloped landbank, the group is planning to roll out five new projects by year-end. These are the Cameron Golden Hills in Cameron Highlands, SkyPark Tower Two in Kuala Lumpur, Bandar Putra Indah, Bandar Saujana Putra in the Klang Valley and an upcoming Kuantan project which has yet to be announced.

"LBS Bina has received several proposals on joint ventures for land acquisitions, which include land in Selangor, Kota Kinabalu, Kuantan as well as Johor," said Lim.

He said LBS Bina would also focus more on its Johor development, adding that the group is planning to build 1,416 affordable homes at its Bandar Putra Indah township in Batu Pahat, Johor.

"Out of the 1,416 units, the group is planning to roll out 612 by year-end," he said, adding that as at Aug 15, LBS Bina's total unbilled sales stood at RM714 million.

This article first appeared in The Edge Financial Daily, on August 21, 2013.

Lee Meng Fatt

5,194 posts

Posted by Lee Meng Fatt > 2013-08-23 22:03 | Report Abuse

LBS MENAWARKAN KEPELBAGAIAN DAN LEBIH NILAI UNTUK WANG DI MERDEKA PROPERTY SHOWCASE

Petaling Jaya, 22 Ogos 2013 – Pemaju hartanah, LBS Bina Group Berhad (LBS) akan mempamerkan pelbagai pilihan kediaman dari kelompok mampu milik, sederhana serta mewah dalam Merdeka Property Showcase yang bakal diadakan di Subang Parade pada 23 Ogos 2013 sehingga 1 September 2013.

Pengarah Urusan LBS, Dato’ Lim Hock San berkata, “Para pembeli sekarang amat berpengetahuan dan inginkan lebih banyak pilihan untuk dipertimbangkan.. Oleh itu kami membuat keputusan untuk mempamer enam jenis projek pembangunan yang mempunyai ciri-ciri yang berbeza antara satu sama lain. Selain itu, insentif juga ditawarkan bagi projek-projek ini untuk memberi lebih nilai untuk wang dan ketenangan fikiran kepada para pembeli.”

LBS akan mempamerkan BSP Skypark dari perbandaran Bandar Saujana Putra, SomerSquare dan Barrington Square dari perbandaran Cameron Golden Hills serta Balvia, Nautilus dan lot banglo dari pembangunan kediaman mewah perdana, D’ Island Residence.

BSP Skypark merupakan pembangunan bertingkat tinggi yang merangkumi unit kediaman dan unit komersial yang terletak di bahagian bawah pangsapuri berperkhidmatan tersebut. Unit kediaman BSP Skypark yang keluasannya dari 1,004 kaki persegi merangkumi reka bentuk selesa yang dilengkapi dengan 3 atau 4 bilik tidur dan 2 bilik mandi. Hanya dengan harga bermula dari RM400,900, kediaman ini sesuai untuk pembeli kali pertama dan juga keluarga yang muda. Bagi pelabur pula, lot komersial BSP Skypark merupakan pilihan ideal dengan jumlah keluasan dari 1,030 kaki persegi dan harga yang bermula dari RM618,000. Pembangunan bertingkat tinggi ini dijangka siap menjelang tahun 2015.

fabregas88

321 posts

Posted by fabregas88 > 2013-08-23 22:04 | Report Abuse

shares buy back?sorry new bie here, meng fatt does it impact?

Lee Meng Fatt

5,194 posts

Posted by Lee Meng Fatt > 2013-08-23 22:10 | Report Abuse

share buy back at RM1.80 -RM1.81 today with volume 3000 lot shares. refer to this link http://www.bursamalaysia.com/market/listed-companies/company-announcements/1385441

this will support the stock price, and also this shows that the company keep accumulating the share. directors keep exercising the warrant and convert into mother share. i think if QE no problem and our UMNO election settle, this stock will break RM3 and stay in a range of RM 3 - RM 6

fabregas88

321 posts

Posted by fabregas88 > 2013-08-23 22:18 | Report Abuse

lee thanks for your info. very helpful...wish lbs is a good long term investment...hope all lbs shareholder huat together =D

kenyang82

12 posts

Posted by kenyang82 > 2013-08-23 22:23 | Report Abuse

meng fatt : I holding WA and mother share . Do u think i need to sell my WA ?

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