Price Target Analysis: CRESNDO (6718)

@Bullstocks888

Yea agree with u, I guess many saw the potential and good price to buy now, so much buyer now at the current price and so little seller , I guess this is really weeding out shareholder with less holding power, and there are many who saw the potential and continuously absorbing at current price

6 days ago

Microsoft to invest RM10.5bil in Malaysia, says Miti
https://www.freemalaysiatoday.com/category/nation/2024/05/02/microsoft-to-invest-rm10-5bil-in-malaysia-says-miti/

6 days ago

ya lo Microsoft plans to invest RM10.5b on the land that crescendo sold to them.. it will benefits the company in long run also, imagine the value of the unsold lands

6 days ago

Absorb ! So good the price now

6 days ago

But share price drop 3%. Must be invest elsewhere

6 days ago

Nusajaya tech park paragon globe and uem sunrise

6 days ago

microsoft ady bought land from this counter la apa .. haha

6 days ago

Can invest this money on other land and leave this one empty. Microsoft can invest RM0.75 billion here and RM9.75 billion elsewhere. On UEM Sunrise land beside GDS too

6 days ago

Whatever it is, time will tell.
Anyway it’s a rather safe counter, since there is still balance cash money from land sale , and upcoming projects, so the dividend etc year end gonna look good, similar to the one announced in March . So get at good low price(instead of last minute only go in), hold , wait for it to fly again.

6 days ago

Since dropped below RM3.61, this counter need some days to stabilize, maybe it will be a good price for buying.

6 days ago

current roadblock at 3.50 and 3.60. Most transaction today at 3.48.

6 days ago

Ok, I will buy some

6 days ago

Those with 3 mil Cresendo shares will cry today

6 days ago

Not if they bought it cheap before 😂 maybe those that keep selling out one is they bought around this price before ? 🤷🏼‍♂️
Or they cannot wait for year end fly again , weaker holding power .
In my opinion if u bought it at 3.5 or above, instead of sell and making a loss, just hold until next dividend time, sure go up again . You can regret once but don’t regret twice.

6 days ago

keep until next year price may double again.... they will launch project next to RTS station

5 days ago

The GDV project that next to RTS station is very important. How about the profit after tax?

5 days ago

U got to ask yourself whether many vacant lands surrounded RTS? And whether buyers willing to pay high price to own units at that area that walking distance to RTS

3 days ago

If demand and selling price is not issue, profit will not be issue also.

3 days ago

silentWolf

drop with low vol..flush out weak holder? sold half 3.8x area..wait to buy back at 3.2x area..posible?

3 days ago

Drops to 3.2 is possible if current trend still going on.

3 days ago

calvintaneng

TSH RESOURCES VERSUS UEMS, KSL & CRESCENDO, Compare & Contrast Their ASSETS VALUE & Potential, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-06-story-h-181959240-TSH_RESOURCES_VERSUS_UEMS_KSL_CRESCENDO_Compare_Contrast_Their_ASSETS_V

3 days ago

someone keeps on dumping the share, push up the price for few ticks then dump again. It still not the right time to buy in

2 days ago

Yea agree with u, ever 10 cent there’s a kastam, and linger around there for sometime before actually dropped below it when they finally given up sentimental value to it 😬

2 days ago

6,605 lots are queueing at 3.45. Likely the stock is temporary pressed at low price for their collection.

2 days ago

@newuser999

What do you mean?

2 days ago

@Daveunvest - there are 6,605 lots with 8 queues at price 3.45.
Who else has such money at RM 2.28 mil? absolutely it's not retailer, but market players.

If my prediction is correct, Crescendo will back to above 3.45 soon.

2 days ago

Make sense, problem is whether it will go down somemore or not before it go back up, maybe yes maybe no, nobody knows 😂
Market is more to human sentiments psychology than actual company’s potential

2 days ago

Raymond Tiruchelvam

someone shd do a 50MA against 10MA movement tech analysis...... to gauge the bottoming before deciding... any tech analyst here?

2 days ago

@newuser999

That guy is at it again now , push up abit then dump, then push abit again. I wonder how long he can keep up with this play 😂
The dropping trend might continue, as some banker previously forecast 3.2 after dividend, i thought the lowest will be 3.4 but apparently I’m wrong

2 days ago

@ Raymond Tiruchelvam
Technically, the trend breaks 10 MA an 20 MA. It always not a good sign for a stock which breaks 20 MA. However, the good thing is the volume is less than 1 million in past 4 trading days. No change in fundamental.

2 days ago

cheated

Where is ks55? Sold after cheating people?

2 days ago

@DaveInvest

I trade other stocks while watching him playing solo. Once the price stable with low volume, I will come back to collect at low price

2 days ago

Yea me too 😂 things are looking pretty good at other counter

1 day ago

Raymond Tiruchelvam

Thx newuser999

1 day ago

@newuser999

Look at the guy playing by himself again, this time maybe both side is him, put high volume. Dont u tink so? 🤣

1 day ago

Bought some at RM3.4. Crensdo fundamental strength is great plus property sector in JB is fantastic.

1 day ago

@Invest_888

I agree with u, but as great as it can be and undervalued, I guess human sentiments and psychology plays a strong role here. The index hit 1600 today with many other good performing active shares,

So ppl might as well opt to go to those shares for quick profit rather than stay here and wait for year end dividend period.
Undeniably good counter but it is also least active and is in sleeping period now.

The person that tries to sell off large amount maybe wants to go other counter as well , can only speculate

1 day ago

@Daveinvest

I am a medium-term investor for this counter, aiming for its dividend after selling 18 pieces of land totaling RM 675,655,617. It provides the opportunity to collect whenever the price has discount.

Let's see whether the price can reach 3.45 today. If yes, high chance the price continue up tomorrow.

1 day ago

@newuser999

The price hike from 3.33 to 3.43 now, logically should have more volume , but the volume is so low. My personal opinion is as we speculate previously, there is someone trying to push up and sell. Let’s see how long this can continue, the volume doenst seems to justify the hike for this particular counter 🤔

1 day ago

@ Raymond Tiruchelvam

Welcome.
10 MA is mainly for very short term trading.
20 MA is considered a "lifeline" to exit (if breaks below) or to enter (if stands above).
50 MA is for medium term investment
200 MA is for long term investment which frequently adopted by fund manager. Fund managers won't buy a stock if the price is below 200 MA.

For advance,
10 MA cross 20 MA - short term bull
50 MA cross 200 MA - golden cross for big bull

Do take note that TA is mainly helping you to buy and sell at the optimum time (can't use "right time"). Anyone knows TA can "draw" a chart and play a fool with you.

If you aim for short term play, focus on 10 MA instead. Otherwise, fundamental is still the core part.

1 day ago

@ DaveInvest
LOL... he might be watching us now......XD I will definitely collect more if he dare to dump below 3.19

1 day ago

@newuser999

Yea same 😂 not gonna go in now

1 day ago

Could see the queue for sale with volume 674900@ RM3.45 & the queue for buy with volume 107300@RM3.38. For me both queue might be the same person.
Anyway, at least it is good day for Cresndo share price today.

1 day ago

@Invest_888

Well yea I tink so too, I tink he is not scared ppl finding out it’s same also, if it’s the same person, perhaps he is trying to control the price within range of 3.39-3.44.
To dump shares maybe? So it won’t give others chance to queue at different price, intimidating 🤔

21 hours ago

Clearly seen that the market player is controlling the price at 3.30 - 3.45. Would be sideway for a period. We shall await for QR at end of June.

14 hours ago

@newuser999

Incase If he is watching us now, and still looking to dump all of his share, hope him know that we are looking forward to 3.2x if he is willing to dump at that price . Save his headache and effort, and all the processing fees 😬

11 hours ago

Raymond Tiruchelvam

thx for the MA info @newuser999 ..... cheers

11 hours ago