LAGENDA PROPERTIES BERHAD

KLSE (MYR): LAGENDA (7179)

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Last Price

1.30

Today's Change

+0.05 (4.00%)

Day's Change

1.26 - 1.30

Trading Volume

1,655,900


12 people like this.

9,592 comment(s). Last comment by hng33 7 hours ago

klm80

139 posts

Posted by klm80 > 2020-05-05 15:34 | Report Abuse

no movement.. silent counter

Quest12

39 posts

Posted by Quest12 > 2020-05-05 17:38 | Report Abuse

What good news?

Posted by PariaDiventeh > 2020-05-07 15:33 |

Post removed.Why?

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-05-07 15:35 | Report Abuse

pls refer bursa 1/25 not 1/50

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-05-07 15:46 | Report Abuse

if they family stupid on RTO why injected fund and their debt is Zero from now.

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-05-07 15:48 | Report Abuse

Dbe is zero debt on the short or long term , well what do you think

Quest12

39 posts

Posted by Quest12 > 2020-05-08 09:16 | Report Abuse

DBE, Can buy now?

tai yee

697 posts

Posted by tai yee > 2020-05-08 10:21 | Report Abuse

but restructure 50:1...... ok kah?

dex

493 posts

Posted by dex > 2020-05-08 18:53 | Report Abuse

Aigooo Paria. Did u know how it works or not??? Ayoyoyo, u eat a lot of curry. Typical Idian RSS!!

Simon_khoo

705 posts

Posted by Simon_khoo > 2020-05-08 22:12 | Report Abuse

Upon consolidation, shares issued @ 0.80 for the acquisition, meaning DBE share price will definitely be above 0.80.

Simon_khoo

705 posts

Posted by Simon_khoo > 2020-05-08 22:13 | Report Abuse

Stays tuned

dex

493 posts

Posted by dex > 2020-05-08 22:40 | Report Abuse

Yes absolutely. Consolidation 25:1 meaning the share price will be around 63cents after consolidation.

leafwinner

1,134 posts

Posted by leafwinner > 2020-05-12 09:26 | Report Abuse

0.025sen become 0.625sen. 25 lots become 1 lot. More room for shark to throw.

Posted by damansaraeagle > 2020-06-01 08:52 | Report Abuse

something brewing on dbe

Quest12

39 posts

Posted by Quest12 > 2020-06-01 09:20 | Report Abuse

can tell me Brewing what?

klm80

139 posts

Posted by klm80 > 2020-06-03 10:57 | Report Abuse

brew bubble...

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-06-04 07:43 | Report Abuse

DBE to be replaced to LAGENDA PROPERTIES BERHAD

Quest12

39 posts

Posted by Quest12 > 2020-06-05 03:14 | Report Abuse

DBE replaced to Lagenda good or bad?

DanPSK

5 posts

Posted by DanPSK > 2020-06-05 13:57 | Report Abuse

Looking at the chart:
Buying price: 0.025
Best if can get at : 0.02
Selling price: 0.03
Top price: 0.035 (When... no idea)

Posted by SpartanFury > 2020-06-11 20:47 | Report Abuse

hmm the document used Feburary price as a measure and the calculation was illustrative only.

If using the current prices then...

Closing market price of 0.03 = adjusted price of 0.75 per share
The EP for warrant remains the same at 1.25.

I am new to the stock market. Has anyone gone through a share consolidation exercise before?
Whats the normal protocol?

Posted by SpartanFury > 2020-06-12 01:14 | Report Abuse

well i've done my good deed for the day :P

I noticed that a few simply wall articles had some interesting headline about dbe but at the end of the article they said it was doing horribly against other companies in its industry. But i noticed that they were still comparing it to the Food Sector.

Not bad one email full of citations and they responded a day later.

"Thank you for bringing this to our attention. We source all of our data from S&P Capital IQ and I believe that when we wrote this article KLSE:DBE as a company was classified by our provider to be in the food industry. I have now checked our provider's data again and it now quotes the MY real estate industry, rather than the food industry. So it appears that this change of industry you mention has been taken on board. Our site also reflects this now too"

The articles haven't been changed :( but they did correct information regarding real estate on the .So PE of 8.2 is good value when compared to industry standard of 8.7

Posted by schadenfreude > 2020-06-15 17:43 | Report Abuse

looked like Doh's family taken over the control , disposed off the lost making poultry business & transformed it to pure property counter

unfortunately Satha already stray to other penny counters, kakakakakaka

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-06-15 17:49 | Report Abuse

where is satha ?

Quest12

39 posts

Posted by Quest12 > 2020-06-17 01:14 | Report Abuse

@schadenfreude so dbe transform to property counter can buy in?

AllyAlly

1,134 posts

Posted by AllyAlly > 2020-06-17 18:59 | Report Abuse

This DBE corporate exercises remind me the GSB group. Kerjaya Group taken over GSB by injected 2.1 billions projects to GSB(now as Kpprop) Unfortunately, price dropped to 50sen ding dong for 5 months after consolidated from 5 to 1. No matter how good the prospect is. Property sector definitely no a good topic to invest in the next few years.

AllyAlly

1,134 posts

Posted by AllyAlly > 2020-06-17 19:01 | Report Abuse

Pls study before invest. Usually price will further drop after consolidated. You may take a look how the GSB looks like. Their corporate exercise 100% same.

AllyAlly

1,134 posts

Posted by AllyAlly > 2020-06-17 19:04 | Report Abuse

Kerjaya group take over GSB with issue price of 85sen RCPS share. Pls take a looks how GSB share price moving after consolidated from 5 to 1. Share price fall sharply from 90sen to 50sen despite good future prospect.

Posted by Jeffrey Ko > 2020-06-19 09:28 | Report Abuse

When is the share consolidation will take place?

kenie

1,641 posts

Posted by kenie > 2020-06-23 15:59 | Report Abuse

DBE
cash flow 5.93mil
debt -
current liabilities 77.44 mil

Quest12

39 posts

Posted by Quest12 > 2020-06-23 21:23 | Report Abuse

@zhangliang means is good or bad?

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-06-24 08:33 | Report Abuse

3sen need to Q

Posted by SpartanFury > 2020-06-24 23:43 | Report Abuse

yep the buy's have been steadily increasing. I tried to top up more at 0.025 in the evening session and there was already a queue there for 0.03

Quest12

39 posts

Posted by Quest12 > 2020-06-25 09:40 | Report Abuse

@spartanfury, so this DBE can go up?

drobertp40

205 posts

Posted by drobertp40 > 2020-06-25 09:46 | Report Abuse

Penny stock with extremely small volume still want to talk about it going up?

Posted by SpartanFury > 2020-06-25 20:26 | Report Abuse

@quest12
That's harder to call. Mostly becuase of the stock consolidation exercise. Assuming that shareholders agree to the 25:1 ratio.. the share value may be set at 0.75 or 0.625 (depending on whether 0.03 or 0.025 is used as base value). I suspect that for awhile the price should see a dip from there in normal circumstances.

However there are some factors to consider, I expect the consolodation would take place end july/August so depends on how the market views the property sector at the time.if hungry for property then it could go up.

Another aspect is that althought the financial reports have been crap for the last two years. You should also consider that they changed focus directly towards property development starting on 4 projects. No esrnings there as there was nithing to sell.

However, 2 of the 4 projects have been compeleted,been fully sold and the keys are slated to be handed over in the later half of the year.so there should be positive earnings by qr4 which should be helpful towards share price.and it might not be surprising if they decide to declare dividends just to boost share price. The remaining projects are due next year I think.. and i believe have sold around 60% of units

Mostly, this stock is on my watchlist becuase its geared towards affordable housing, sub-200k. Which is quite appropriate if you consider what the economy is like. It might not be sime darby or sunway property but it should still have a good demand to supply too.

Posted by SpartanFury > 2020-06-25 20:44 | Report Abuse

@quest12

If ur interested in it as a trading instrument. The event to watch for is the outcome of the meeting. If succeed in name change to lagenda property and stock consolidation is approved then you need to track volume to guage interest in this stock..it may jump due to intereet from speculators as a possible goreng stock prior to consolidation. I am not sure about protocol as to when they actually determine base value. If they set it as 0.03 at the meeting then there will be no chance of price exceeding that. If they announce it simply as price to be determoned at a later point then theres a lot of chance for the prices to get a little crazy..

If from an investor perspective.. 2 options

Buy now as the price wont matter as it's a long term hold. So the lows and highs have nothing to do with you.

Another perspective is wait for consolidation and the inevitable price drop to take place before you enter.in ordsr to maximise your capital gain.

Basically scenario 1 and 3 would require you to closely monitor the volume movements daily.(normally i would say price as well but drobertp40 is right currently very little volume so not much chance of price moving anywhere)

Quest12

39 posts

Posted by Quest12 > 2020-06-26 10:42 | Report Abuse

@spartanfury very details information,
Thanks for your opinion.

6182al

310 posts

Posted by 6182al > 2020-07-02 10:41 | Report Abuse

DBE have changed business from poultry to construction but business profile still showing poultry and out side on the roadway still having lorry's, trucks and tankers with DBE signage, if still belonging to DBE then ok but if no longer under DBE please request the other party to remove the registered trademarks or better still a suggestion that this company to be registered under / change to a fresh new name.

Posted by SpartanFury > 2020-07-03 11:32 | Report Abuse

lol.. that's actually the issue to vote at the upcoming meeting. they are changing bane to Lagenda properties

Posted by SpartanFury > 2020-07-03 11:35 | Report Abuse

furthermore, awhile ago I had emailed Simplywall.st to stop comparing dbe against food industry because that was no longer its sector. they actually replied that originally it's an automatic process and it goes according to the register. at the time articles were generated registration for DBE was food sector. they had recheked the registration and apparently it had been recently corrected to property sector.

Posted by SpartanFury > 2020-07-03 11:36 | Report Abuse

as such they made the appropriate correction and so data such as PE was now being compared to the property sector

Posted by SpartanFury > 2020-07-03 11:53 | Report Abuse

@sunny WTH? this post came out of nowhere... why would I want to claim Calvin's cousin

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-07-06 09:16 | Report Abuse

dah mari 3.5 sen

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-07-06 09:36 | Report Abuse

I heard some rumour this company acquire gloves too

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-07-06 09:41 | Report Abuse

buy on rumour sell on news

Quest12

39 posts

Posted by Quest12 > 2020-07-06 10:39 | Report Abuse

@Goodprofit you sure or not o... Show me you got buy in DBE 1st

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-07-06 10:51 | Report Abuse

rumour loh , i already buy some waiting

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-07-06 10:52 | Report Abuse

gloves sector very hot hot

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-07-06 16:36 | Report Abuse

new shareholders with rising profitability :)

Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
11 Feb 2020 Other
939,280,220 DATO' DOH JEE CHAI
02 Dec 2019 Disposed
51,514,864 DATO' DING SENG HUAT
02 Dec 2019 Disposed
79,388,510 DATO' DING SENG HUAT
26 Oct 2018 Acquired
380 MADAM FOO KWAI KHENG
03 Oct 2018 Acquired
730,900 DOH PROPERTIES HOLDINGS SDN BHD
03 Oct 2018 Acquired
730,900 SETIA AWAN PLANTATION SDN BHD
03 Oct 2018 Acquired
730,900 DATO' DOH JEE MING
03 Oct 2018 Acquired
730,900 DATO' DOH JEE MING
03 Oct 2018 Acquired
730,900 DATO' DOH JEE CHAI
03 Oct 2018 Acquired
730,900 DATO' DOH TEE LEONG

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