LAND & GENERAL BHD
KLSE (MYR): L&G (3174)
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Last Price
0.13
Today's Change
0.00 (0.00%)
Day's Change
0.13 - 0.13
Trading Volume
1,372,700
Profile
LAND & GENERAL BHD
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: PROPERTY PROPERTY
Subsector: PROPERTY PROPERTY
Index Group: PROPERTY PROPERTY
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: Yes Yes
IDSS Flag: Yes Yes
Description
Land & General Bhd is a property development and investment company. The company is also engaged in providing education, oil palm cultivation, and the operations and management of Sri Damansara Club. Its segments consist of Property engaged in the development of residential and commercial properties; Education that operates co-education schooling from kindergarten to secondary education; and Others engaged in investment holding, land cultivation, property management, management of club activities and dormant companies. Majority of the revenue is derived from the Property segment.
Address
Discussions
32 people like this. Showing 50 of 11,245 comments
ShareFortuneTeller, don't worry, the announcement will be make soon, latest by end of this month.
Below is the estimate date:
On 29-7-2024(Around 2 weeks from today's date)(Last year is on 28-7-2023)=>
1)To announced the AGM will be on 19-9-2024
2)At the same time, announced the 0.7 sen dividend's payment date will be on 18-10-2024
(Around 3 months from today's date)
2 months ago
Nothing to worry, just that may feel foolish decision this time to bought this share too earlier while waiting for AGM to approve the dividend which date is yet to be fixed and monies park in the Bank still have interest.
2 months ago
Its share price has been struggling at below 20 sen for over 6 years. Investors got some small consolation in the form of dividends that averaged about 1 sen each year. Still not too bad.
2 months ago
Two years ago, I still managed to buy some at 10 sen a share. Last year the lowest I could get was 11.5 sen a share. In January this year I managed to get some at 12.5 sen a share. It is creeping up very slowly. Even at a rate of 1.5 sen a share, it is still worthwhile investing.
1 month ago
Zhejiang Geely Holding’s planned investment of USD10bn in Tanjung Malim. Recall that Geely has plans to turn it into the region’s largest auto city, in line with the Malaysian government’s aspiration for Tanjung Malim in Perak to become Malaysia’s Automotive High Tech Vally (AHTV). Geely and its local partner DRB-Hicom are involved in the development of AHTV, which serves to become Malaysia’s future hub for Next Generation Vehicle. According to the Muallim District Local Plan 2035, there are 22 strategies and 130 actions identified for implementation in three main sub-districts, namely Hulu Bernam Timur, Hulu Bernam Barat and Slim to achieve the aspiration. Progress in these initiatives provide plenty of opportunities for companies involved infrastructure, public amenities and property development, as housing needs expected to hit 33,000 units by 2035 to cater for 158,000 people versus current 70,000. PGF (TP: RM2.76), one of top buy picks, has plans to develop a self-sustaining integrated township with an estimated gross development value of RM3bn adjacent to the AHTV. Apart from DRB (Not Rated), other landowners in the vicinity or nearby locations like MJPERAK (Not Rated), L&G (Not Rated), TALAMT (Not Rated) and BJCORP (Not Rated) could benefit as well.
1 month ago
Yes, finally the dividend announcement was out !
Final Dividend
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3468789
Entitlement description: Single Tier Final Dividend of 0.7 sen per ordinary share
Ex-Date: 02 Oct 2024
Entitlement date:03 Oct 2024
Payment Date: 18 Oct 2024
Date Announced: 30 Jul 2024
1 month ago
You all will be getting your dividend payout on 18-10-2024 around 2 and a half month time from now !
1 month ago
Good to invest with low risk despite less excitement and size slow movement.
1 month ago
L&G = Lower & Go lower
Better buy TALAM
Talam Assets are Prime Lands
TALAM (2259) SELLING ASSET TO UNLOCK CASH PLUS RM26.6 MILLION PROFIT (ASSET PLAY IN MOTION) Calvin
Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-05-story-h-155111623-TALAM_2259_SELLING_ASSET_TO_UNLOCK_CASH_PLUS_RM30_MILLION_PROFIT_ASSET_
1 month ago
Don't BS here Tan Tua Pao. Talam's NTA is only 5 sen a share. It has never been profitable for a long long time. The last time it paid a dividend was 20 years ago.
1 month ago
hahaha
how come you missed insider injected assets of sri kembangan at highly inflated related party deal???
1 month ago
Any counter that Tua Pao has bought heavily and ready to promote to innocent investors is a good counter. Only he is capable of making money from the stock market.
1 month ago
talam is a contender for pn17
asset rich but loss making
will eat into the nta yr after year
1 month ago
Calvin the Jurong west government housing-dweller & stock hot-air-blower promoting his TSH, rsawit, talamt 24hours/7 days a week all still CANNOT withstand mkt swoon !🤣
Took advantage of the said mkt swoon to add to my L&G holdings!
1 month ago
Someone who mostly invests in speculative counters and promotes them to others can't be a trustworthy person.
1 month ago
Talam is one of the worst counters listed on Bursa Malaysia and yet this fellow has the cheek to recommend it to others.
1 month ago
Not to mention the CHEEK to spam multiple other stock forums with his endless, upchuck-worthy promotions of dubious speculative stocks.
1 month ago
Hound this clown of immediately should he ever return to this forum again to create problems. He has already made TSH forum his permanent home.
1 month ago
Made several weak attempts to move up but failed. Has been stuck at around this level for more than one year already.
3 weeks ago
prudentinvestor, don't worry...
just keep it for the Dividend Payment Date: 18 Oct 2024 which is less than 2 months time from today date !
it's dividend rate is 0.7 sen per ordinary share !
If you bought L&G at @0.135 you will get a return(dividend) of around 5.2 % in less than 2 months time !
Heng ah, Ong ah, Huat ah !
3 weeks ago
as expected .. range at 13-13.5 .. kudos to those who top up when it dipped 2 weeks ago
3 weeks ago
please do think very carefully
see two macro picture
1. In Peninsular (West Malaysia )
there is a 52% diesel price rise
as such all industries will be impacted by a corresponding rise of 5% to as high as 30%
these will see higher cost
1. property
2. construction
3. construction material
4.logistic that send goods by lorry or ships
5. consumer food and drink which are bulky
6. Toll road owners
as lorries now see higher operation cost by 52% they will make less trip so less collections from till
others
2. By Nov 2024 if Trump gets elected he will impose 10% tariff (tax) for all and for China it will be 60% tariff
so all industries related to export to USA will be hit
two things will hit all
a universal price rise caused by rise of diesel 52%
a universal tariff by USA from 10% to 60%
that is why it is of utmost safety to go invest in East Malaysia stocks which got no 52% diesel rise there
and palm oil export is more to India and China (not USA)
3 weeks ago
seriously, L&G should branch out in education biz, replicate same business model
then list in ace market for funding
2 weeks ago
Superb Good news, the dividend payment has been Accepted/Approved on today's AGM Meeting !
GENERAL MEETINGS: Outcome of Meeting(LAND & GENERAL BERHAD)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482502
Ordinary Resolution 1: To declare and approve payment of a single tier final dividend of 0.7 sen per ordinary share in respect of the financial year ended 31 March 2024.
Result: Accepted/Approved
Date Announced: 10-9-2024
6 days ago
Dividend Payment Date: 18-10-2024 which is around one month to go !
Heng ah, Ong ah, Huat ah !
6 days ago
KUALA LUMPUR: Property developer, Land & General Bhd (L&G) plans to launch U10 Aria Rimba, a new township project in Shah Alam, with a total gross development value (GDV) of RM2.4bil next year.
Managing director Low Gay Teck said the project will be developed in six phases.
Speaking after the company’s AGM, he said phase one entailed the construction of 150 units of terrace houses with a GDV of RM113mil.
Low said the group also planned to launch 1,008 units of high-rise service apartments in Sri Damansara Club in 2025, with a GDV of RM621mil.
ADVERTISING
Additionally, it aimed to open for booking 602 units of affordable service apartments, Kamelia @ Bandar Sri Damansara with an estimated GDV of RM156mil, by year-end.
The group posted a lower revenue of RM216.63mil for the financial year ended March 31, 2024 (FY24), a 13% drop from a RM249.18mil in FY23. — Bernama
6 days ago
Dividend exDate on 2nd Oct 2024 (Wed). If bought on Monday, T2 is Wed. Still entitled meh?
4 days ago
Guys, just for your info:
1)if you bought at @0.13 return rate is 5.4 %
(Bank FD one year rate is 2.5 %, so it’s more +2.9 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)
2)if you bought at @0.135 return rate is 5.2 %
(Bank FD one year rate is 2.5 %, so it’s more +2.7 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)
3)if you bought at @0.14 return rate is 5 %
(Bank FD one year rate is 2.5 %, so it’s more +2.5 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)
4)if you bought at @0.145 return rate is 4.8 %
(Bank FD one year rate is 2.5 %, so it’s more +2.3 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)
5)if you bought at @0.15 return rate is 4.7 %
(Bank FD one year rate is 2.5 %, so it’s more +2.2 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)
6)if you bought at @0.155 return rate is 4.5 %
(Bank FD one year rate is 2.5 %, so it’s more +2.0 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)
7)if you bought at @0.155 return rate is 4.4 %
(Bank FD one year rate is 2.5 %, so it’s more +1.9 % which can get it in within one month time for full payment but keep in FD need to wait for one year only got full payment!)
So, buy L&G at the low low price of 0.13, 0.135, 0.14, 0.145, 0.15, 0.155 & 0.16 is definitely a superb good value buy for L&G shares !
Heng ah, Ong ah, Huat ah !
4 days ago
And L&G every year also will giving dividend and is on the increasing rate, last year is 6 sen per one share, this year is 7 sen per one share, next year maybe is 8 to 10 sen per one share!
So, return rate may higher year by year !
So, do u agree put all your monies to buy L&G shares and keep is better than put all your monies in FD to get such a low low return? (And if count on you bought L&G share price at low price and it’s price increase to record high price, such a increase price value if count as a plus value then buy L&G shares is definitely more better choice than keep it in FD !)
Heng ah, Ong ah, Huat ah !
4 days ago
Ya. 0.6c & 0.7c is a lot. 5% 6%.
Having said that, some investors bought when below 0.10, 0.7c is 7% ROI already if continue to stay put.
3 days ago
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CS Tan
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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....
ShareFortuneTeller
Almost 2 months already from the date of dividend proposal declaration, AGM date yet to be fixed.... playing investors/ppl ???
2 months ago