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Overview
Financial Highlight
HeadlinesBusiness Background Crescendo Corp Bhd through its subsidiaries is engaged in the development of industrial, residential and commercial properties and letting of undeveloped and unsold properties; and building construction among others. The group comprises the main business segments: Property development and construction; Manufacturing and trading; Property investment; and Education, management services and others. The company operates only in Malaysia.
  lionel messi Am more keen to see the upcoming Q2 result. How good will it be and if got any dividend. 23/09/2024 9:48 AM ks55 Yes. Should hold till 30 Sept to see latest QR and potential special dividend announcement. 23/09/2024 10:52 AM Yezzy99108 Crescendo share price will face irratic & more downside now that share split will invite lots of traders & operator to pump n dump the stocks. Most stocks undergone such trend when NOSH become so affordable 24/09/2024 5:43 PM lionel messi As always the cheaper the better for long term value investors of well managed, fundamentally sound and good prospects company. 25/09/2024 11:07 AM ks55 Professionalism and efficiency of Crescendo Management again demonstrated in its share split exercise. Declared on 23 July, completion by 25 Sept. Check to see if your split shares already admitted to your accounts. For me, mine (in 2 accounts) already fully credited. 26/09/2024 8:38 AM ks55 Just need to wait for next QR by tomorrow (latest by Monday) to see whether special dividend to be declared and what will be the amount. 26/09/2024 8:41 AM newbie2024 hi, anyone purchased via rakuten trade? after split, the stated purchase price was halved. shouldn't it be 1/3 of our pre-split purchased price? 26/09/2024 9:20 AM lionel messi Yes, these brokers are a confused and incompetent lot. My portfolio still shows price at pre split price. As long as the shareholding is correctly reflected that's the most important. 26/09/2024 10:46 AM ks55 Move to HLIB. Reliable and trustworthy. Most important is wth Hong Leong Bank backing and transfer money out from your trading account is easy as ABC. 26/09/2024 12:07 PM KingKKK Crescendo: Bulls Take Charge? https://klse.i3investor.com/web/blog/detail/bestStocks/2024-09-26-story-h470051361-Crescendo_Bulls_Take_Charge 26/09/2024 4:56 PM lionel messi The way it moves like got symptom of special div. Good result is foregone conclusion. 27/09/2024 9:00 AM ks55 Q2 makes 50.4 sen per share. Total dividend 6 sen per share. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3487196 27/09/2024 6:45 PM star899 Split 1 share becomes 3 Split has been completed on 26-09-2024 Net profit 50.40 x 1/3 =16.80 sen Dividend 6 x 1/3 = 2 sen As per Bursa Announcement. 27/09/2024 11:39 PM star899 https://www.klsescreener.com/v2/news/view/1399277/crescendo-set-to-hit-record-breaking-fy2025-results-as-2q-profit-surges-over-30-fold-on-data-centre-linked-land-sales The report on the outstanding performance of Cresendo 27/09/2024 11:51 PM star899 Refer to the downloaded report above : Additionally, Crescendo aims to launch a serviced apartment project near the "RTS TERMINAL" in Bukit Chagar in the second half of FY2025, featuring about 1,200 units with a gross development value of of RM1 billion. 28/09/2024 8:52 AM star899 Cresendo is a lucky company with visionary. The project nearby Singapore would be of great demand as it is situated close to the RTS TERMINAL, a connection between Johor Baru and Singapore. By the time of the development would to begin, I hope Crescendo would reserve certain units for the Malaysians, otherwise the Singaporeans and other foreigners would rush to grab the units. Those working in Singapore if could afford would definitely prefer to own the units as they would have the convenience to travel daily to and fro within a short distance and could avoid the traffic jams by taking the train to and back from Singapore. 28/09/2024 9:44 AM star899 I have never known that Crescendo also owns some valuable land near Bukit Chagar which is a short distance to Singapore until i notice it from the report. Those lands would be much sought after and appreciate in value whether at present or in the future. 28/09/2024 10:38 AM star899 2024 , 2025 and beyond would be another bumper harvest years for Crescendo with abounding sales of valuable properties especially those are strategically located in the Southern Johor. Just my opinion. 28/09/2024 11:32 AM ks55 Q2 makes 50.4 sen per share based on 280,462,498 Shares as per 31 Jul. Total dividend 6 sen per share to all 841,387,494 Subdivided Shares . https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3487196 28/09/2024 10:47 PM ks55 Oasis Residence currently under construction along Jalan Senyum diagonally opposite to Crescendo condo project is selling at RM 1,064 - RM 1,205 psf https://www.propertyguru.com.my/condo/oasis-hitown-johor-bahru-city-center-14407 https://www.youtube.com/watch?v=WKtWDt_tTrs 28/09/2024 10:57 PM ks55 Crescendo Jalan Senyum Condo project to be launched in 2H FY 2025, and ready to launch any time from now (1 August is already in 2nd half of 2025 FY). Judging from Oasis Residence strong demand from Singaporean, and recent 10% price hike for Oasis Residence, demand for Crescendo Condo should be in high demand too. Crescendo condo project consists of 2 blocks of 48 storey tower in V-shape as shown in its Annual Report. https://crescendo.com.my/core-files/uploads/2024/05/CCB_AR2024-BURSA.pdf 28/09/2024 11:12 PM ks55 Shorter building block on the left hand side is City Plaza. Just check with google map for its location. 28/09/2024 11:17 PM Mindy33 Hmm, it dropped some, abit of increasing selling pressure too. but based on all the readings, it could be some big crocodile press down the price , absorb, and get ready to push up. Hold your ground. 30/09/2024 10:10 AM lionel messi I can agree with that. You are a smart 33. Welcome to a great place. 30/09/2024 11:25 AM Mindy33 Many counter also same , same textbook play style . Just a matter of when they start to push, since ex date is not that far away, should be pretty soon. 30/09/2024 11:39 AM star899 In music the word 'CRESCENDO" means gradually increase. I think the boss used this as a company name should have the same meaning. So, I expect the company's developments , revenues and profitabilities would gradually increase. But I am waiting for CRESCENDO to reach the "climax". Just my opinion. 01/10/2024 10:18 AM Mindy33 Never mind let it drop, lower the better. Can stock up 🤩 Only can say less profit made because didn’t take profit earlier before announce dividend. But this stock is known to go up down up down, but in the end the value is always UP, just look at the trend for past year. Company keep a lot cash and give medium range dividend most probably they gonna grow the company further using that cash. 03/10/2024 12:40 PM Mindy33 What you say is true for many company, but based on this company’s track record, Less than a year already grow x4 the share price, not many company can do that while still giving out dividends. Now is the general environment issue , funds went to China/HK because of the goverment there stimulating economy, while the Middle East tension is ongoing. Well I could be wrong but my bet is on the US want to solve this before election . Few month ago same thing happen and this stock also go down, in the end it went back up so fast and stronger. Sell if you want and cut ur losses or take profit if u bought much lower price , or you can have some faith on the company’s fundamental and growth . It’s ok 03/10/2024 12:59 PM Diamond7 agreement for the Johor-Singapore special economic zone (SEZ) will be signed on Dec 8. The incentives for SFZone will be tabled on budget day 18 th October! 03/10/2024 4:01 PM star899 Even without SEZ agreement , Crescendo would emerge as a winner in Johor where Crescendo has lots of precious properties . Most importantly, the majority of the properties are like "gold mines situated 'in the Southern Johor. 04/10/2024 9:20 AM star899 https://crescendo.com.my/corporate/development/ Let's take a look at the impressive view of the corporate video and the scope of various developments of Crescendo. 04/10/2024 9:18 PM star899 https://theedgemalaysia.com/node/728308 To refresh the memory and for those who missed the report on the spectacular profitability of Crescendo for years ahead. 06/10/2024 12:46 AM star899 On 04-10-2024 (Last Friday) ------------------------------------------ Dow Jones up 341 points Nasdaq climbs 219 points Hopefully, tomorrow 07-10-2024 (Monday) Bursa Market would follow the upward momentum 06/10/2024 8:56 PM star899 Good dividend and special dividend are on the way. I am happy happy waiting ! 😊 ? When Ex date : 22-10-2024 07/10/2024 10:09 AM star899 Honestly speaking, not many companies could pay this kind of handsome dividend 😀 07/10/2024 3:30 PM star899 https://www.bernama.com/en/news.php?id=2348088#:~:text=%E2%80%9CAt%20the%20outset%20of%20RMK12,more%20units%2C%20worth%20RM683%20million. 2025 budget to be tabled on 18-10-2024. Subsidies for affordable housing could be one of the priorities. Cresendo could be one of the beneficiaries as Crescendo also have built the affordable houses qualified for the subsidies to the income group of buyers. 07/10/2024 9:31 PM mf Published 23 minutes ago23m ago UK withdraws family members of embassy staff from Israel 07/10/2024 9:34 PM star899 Both Dow Jones and Nasdaq indexes shoot up at this hour of the day Monday 12.37 pm afternoon New York Time 15/10/2024 12:44 AM Mindy33 Nice land at strategic location at a good price, maybe gonna develop some really fantastic project https://theedgemalaysia.com/node/730413 17/10/2024 9:11 AM ks55 Crescendo also bought 57 acres around 10 to 12 years ago at total cost 32 million. Additional purchase around 120 acres at the same location will enhance value further. Now we know industrial land cost around 1.2 million to 1.3 million per acres. 57 acres will be around 72 million which give rise to 40 million revaluation surplus. Better still if the existing road to Port of Tanjung Pelapas can be upgraded to highway, then we will see more value to these industrial land. Properties Held by Unibase Concrete Industries Sdn. Bhd. 16. GM 2038 Lot 1338 and Vacant agricultural land Freehold 24 Jul 2013 15.74 6,818 GM 2040 Lot 1339, Mukim Jeram Batu, Pontian, Johor. 17. GM 2584 Lot 10789, Vacant agricultural land Freehold 13 Oct 2015 9.83 9,871 Mukim Jeram Batu, Pontian, Johor. Properties Held by Unibase Pre-cast Sdn. Bhd. 18. GM 2010 Lot 1350, Vacant industrial land Freehold 24 Jul 2013 31.43 15,866 GM 1969 Lot 1351 and GM 1968 Lot 1352, Mukim Jeram Batu, Pontian, Johor. https://www.google.com/maps/place/Jeram+Batu,+Johor/@1.4468668,103.4686847,21333m/data=!3m1!1e3!4m6!3m5!1s0x31d0a018a3596db3:0x140c2168937237f0!8m2!3d1.509462!4d103.5114381!16s%2Fg%2F1q5bkw0t9?entry=ttu&g_ep=EgoyMDI0MTAxNC4wIKXMDSoASAFQAw%3D%3D 17/10/2024 10:52 AM ks55 Crescendo rm 1.0 billion condo project has commenced earth work. See the land behind City Plaza already started to clear (4:40 to 4:43), and worksite in front is Oasis Residence by CTC Group from Singapore. https://www.youtube.com/watch?v=3Eb7IapoXoI https://oasisresidencejb.com/en 17/10/2024 11:05 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
