Fong Siling: L&G

Why Master Fong So Fond of L&G 

1. Financial status
•  the cash on hand of approximately 100 million 60 million ringgit , about 76 million ringgit in net debt , the hand holds a net cash 84 million ringgit , or 14 cents per share .
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2. Oppurnity
• L&G had one of which is located in Sri Damansara (Sri Damansara) in a 300 feet high hills .This is located in the heart of Sri Damansara area of barren hills , an area of ​​42 acres , has always been considered to be unable to develop a "bad place ." Unexpectedly , the existing leadership of the company after the takeover , as much miraculous way , will this barren hills into a cornucopia . This is called Lin Yuan (FORESTA) plan will be 8-10 carved four years , worth more than 2 billion ringgit to build a total of 3,000 condominium apartments.
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3. Land Bank

• Landmark Universal existing basement , including in the Perak State KERLING of 2500 acres of oil palm and rubber plantations in Sri Damansara 29.7 acres of commercial development land and 35.8 acres of land . In addition , the company 's 230 acres in Seremban 

so what are you waiting for?

• Good EPS with increase EPS especially the Damansara project
• Year LOW at Rm 0.305 to RM 0.330
• Cheap Penny Stock with PE < 8