马后炮
https://klse1.i3investor.com/servlets/cube/post/fruitcake.jsp

Which counter has you made from? 马后炮

马后炮

Received 5 sen dividend today. Total dividend received in 2 months 8.5 sen

Vista Tower going to get additional 10% occupancy this month, bringing total occupancy rate at 68%.

From Google Map, the lands are at the left side of Professional Testing Services Sdn Bhd. You should also take note Unibase Precast land (about 30 acres) is not included in the 75 acres mentioned above. Easily relocate to Jeram Batu and the land can be put into better use.

https://www.google.com.my/maps/@1.4458942,103.6071027,1414m/data=!3m1!1e3?entry=ttu&g_ep=EgoyMDI0MTIxMS4wIKXMDSoASAFQAw%3D%3D

@chamlo
Still have 45 minus 16 acres of land listed for sale to data center
This....will sell like hot cakes!
6 th piece was sold at 5 million per acre
7 th piece was sold at 6.5 million per acre
Inflation!
Land assets very valuable!

=================

Are you sure left only 29 acres?
Where is the location of the latest land sale?
Look for those lands (5 lots) on the left side of land marked green on page 11/50

https://crescendo.com.my/core-files/uploads/2024/05/CCB_Analyst-Briefing-2024-Q4_Final.pdf

PRGL share price 0.105 hk dollar.

https://www.google.com/search?q=PRGL+share+price&rlz=1C1CHZL_enMY839MY839&oq=PRGL&gs_lcrp=EgZjaHJvbWUqCAgAEEUYJxg7MggIABBFGCcYOzIOCAEQRRgUGDkYhwIYgAQyDQgCEC4YrwEYxwEYgAQyBwgDEAAYgAQyCQgEEC4YChiABDIJCAUQABgKGIAEMgcIBhAAGIAEMgkIBxAAGAoYgAQyCQgIEAAYChiABDINCAkQLhjHARjRAxiABNIBCDQzMjZqMGo3qAIIsAIB&sourceid=chrome&ie=UTF-8



PRA share price 0.071 sing dollar.

https://www.google.com/search?q=parkson+retail+asia+share+price&rlz=1C1CHZL_enMY839MY839&oq=Parkson+raeatil+asia&gs_lcrp=EgZjaHJvbWUqCQgCEAAYDRiABDIGCAAQRRg5Mg8IARAuGA0YxwEY0QMYgAQyCQgCEAAYDRiABDIJCAMQABgNGIAEMgkIBBAAGA0YgAQyCAgFEAAYFhgeMggIBhAAGBYYHjIICAcQABgWGB4yCAgIEAAYFhge0gEJMTgzNzFqMGo3qAIIsAIB&sourceid=chrome&ie=UTF-8


How much do you think Parkson Holding Bhd worth?

Retail in China closing one after another. Probably you will see more Parkson stalls closure in China, and more litigation against PRGL.

Parkson is gone.

https://www.youtube.com/watch?v=ZImEE_s0wrY

Crescendo gave 36 sen this year.

Year end window dressing has begun for SP Setia. Can expect price to move up by 30%.

Better buy Paramount for its 6% DY right now right here. More so for next few years still remain bullish for property.

TSH will turn into A DIVIDEND CASH COW FOR THE NEXT 15 TO 18 YEARS


Will you still alive by that time?

It could be the last time FED lower its interest rate. After Donald Duck take office, US inflation will go up to 5%, then 10%, and finally settle at 15%.

Never believe what American can do for you.
Not even a friendly old grandmother appeared to be can turn to become ugly old witch.

Genting Tai Sai

Better to buy below 20 sen.

Before the war, Ukraine hryvnia (ruble) was 28 to 1 dollar, now is 42 to a dollar. After Ukraine War ends, it will be a million hryvnia to a dollar. What is 13.5% interest rate? Kacang putih.

Paramount is buying 4.5 acres of land for rm 145m from receiver. The land is as good as putting up another Atrium and Ashwood combine, GDV should be rm 1 billion. So land cost is around 15% of GDV, construction cost 50%, 5% marketing cost, gross profit is 30% or 300 million. If development can complete within 5 years, each year can contribute 60 million profit before tax from this project alone.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3508594

LGE is no more relevant. Better keep his big mouth shut!

CPI for US will deteriorate fast under Trump the Donald. Unlike FED is going to lower interest rate any more after that Mad Man sits in Oval Office.

Paramount is going to receive next 5 sen from EWI next month.

Just highlight first para and google search and you will be able to get the whole article.

"Investment Highlights
• We initiate coverage on Crescendo Corp with a fair value of RM3.50/share on a 45% discount to our NAV of RM6.36/share. Johor-based Crescendo is the premier developer of industrial property in the state.
• We forecast core earnings to accelerate from RM56m in FY13 (Jan) to RM85mil in FY14F, and rising by a CAGR of 34% to RM134mil in FY16F. This robust growth is underpinned by sustained strong demand for its flagship Nusa Cemerlang Industrial Park (NCIP: 523 acres) where it has already pre-built RM220m of industrial property ready to launch.
• Crescendo offers an attractive direct leverage to the ascendancy of industrial property in Johor where the relocation of SMEs from Singapore would accentuate demand expansion. As it is, SMEs from Singapore account for 56% of its sales at NCIP.
• The entry of Singapore's industrial park developer Ascendas (via a JV with UEM Land) to develop Gerbang Nusajaya – located next to NCIP, would further underscore newsflow momentum by broadening the clientele base.
• NCIP aside, Crescendo would also be fast tracking the development of its new industrial project – Bandar Cemerlang (1,300 acres), where it is setting aside some 500 acres for industrial property. Maiden launch is expected by 1H 2014. The imminent launch of Bandar Cemerlang would more than double its presales of industrial property, currently coming from NCIP and Taman Perindustrian Cemerlang (TPC).
• This aside, Crescendo also has one strategic parcel of land within the Tebrau area (CLSB: Sg.Rekoh) where the development potential is very high due to its highly populated catchment areas. Reclamation works for this 222-acre site is expected to complete year-end.
• We are forecasting its presales to surge from <RM200mil in FY13 to at least RM500m in FY14F and RM700m in FY15F, consistent with management presales target of RM1.2bil over the next two years. This is supported by high pre-tax margins of ~40% for its industrial properties.
• Balance sheet is strong with FY14F net gearing of just 8%. Crescendo has a decent dividend policy of 30%. At current levels, its dividend yield is forecast at 5%-6%.
• Valuation is very attractive from both the earnings and assets standpoint. It is trading at 10% discount to its historical book value of RM3.05/share, and a deeper discount of 57% to our NAV of RM6.36/share. FD FY14F16F PE is only at 6x-9x, with EPS CAGR of 34%. "


Above is an extract from AmResearch by Hoy Ken Mak on 8 May 2013. Good to read the whole report to get better understanding how Crescendo performed over the past years. Bearing in mind NCIP land was valued at rm 18 per sq ft since 2013, and the land is now sold for rm 150 per sq ft few days ago.

Donald Trump not friendly to business outside US. Starbucks is US trade mark, so all over the world is boycotting, including Malaysia. Not surprise Mac Donald and Starbucks will bungkus for good.

More SBB today. Crescendo is grossly undervalued. Today may close at 1.50

MBSB gives you 2.75 sen Interim Dividend in Dec.
Will give another 3.25 sen Final Dividend in Hun 2025.

To get 6 sen on 75 sen gives you DY at 8%. Better than EPF..........

Still a bit far to become 100 to 1.
Probably by Dec 2025.

Why Bollywood? Why not Hollywood?
Dare not offend Trump? Only dare to belittle Modi?

Trump not going to bother.
Marcos has no balls without big brother.
Looking at new development in Ukraine, the actor was not treated as a 'state man' but 'Best salesman of the century'.

Penny wise, pound foolish.

To devise a new system to fix subsidy problem is to enrich certain crony providing that system. Initial capital outlay and maintenance fees will be more than actual payment to the target subsidy group.

How are you going to determine if car owner is T15 or not? By engine capacity? By IC linked to Income Tax? By IC linked to EPF? What about those without Income Tax or EPF account? Small business and pensioners have neither accounts.

Easiest way to subsidize is to give cash when they renew their road tax. rm 360 for 1500 CC and below, motorcycle rm 100. That is to say rm 30 per month for car less than 1500 CC (assuming monthly petrol consumption is rm 300), Rm 10 per month for motorcycle (unlikely motorcycle use rm 100 a month).

Very unlikely T15 using small car with 1500 CC or below. Jatuh standard mah.......

KSL can fly?

Anyway, I have great confidence in Crescendo's business model, Directors' integrity and professionalism. I am with the company to see how my money grow every quarters.

From Google Map, the lands are at the left side of Professional Testing Services Sdn Bhd. You should also take note Unibase Precast land (about 30 acres) is not included in the 75 acres mentioned above. Easily relocate to Jeram Batu and the land can be put into better use.

https://www.google.com.my/maps/@1.4458942,103.6071027,1414m/data=!3m1!1e3?entry=ttu&g_ep=EgoyMDI0MTIwNC4wIKXMDSoASAFQAw%3D%3D

Where is the location of the latest land sale?
Look for those lands (5 lots) on the left side of land marked green on page 11/50
https://crescendo.com.my/core-files/uploads/2024/05/CCB_Analyst-Briefing-2024-Q4_Final.pdf

Posted by ks55 > May 14, 2024 6:50 PM | Report Abuse X

Hopefully remaining 75 acres can sell at rm 150 psf to more DC operators within next few months.

Selling at rm 6.5 million per acre.



Posted by ks55 > May 14, 2024 1:32 PM | Report Abuse X

Crescendo is looking for buyer for its 75 acres of industrial land at NCIP. Looking at the latest transaction @ rm 138 psf at SILC, NCIP land should sell at rm 150 psf, or rm 6.5 million per acre. (something like DongQuan to Shenzhen). So this 75 acres worth rm 488 million!

A photo tells a thousand words. Why no photo? Why no aerial view with drone?

Nvidia is just a machine vendor, not a partner. How business is going to be is none of its business.

Buying Crescendo is a sure win.
Buying YTLP is like buying Tai Sai in Genting.
Your money.
Your choice.

No more DK.
No more OIB.

Just Sslee still pursuing?
It is another Xinquan.........

Aiyoyo Samy.

Still got people interested in this self-enrichment company?

No hope for this type of company, not even the former die-hard promoter.

Crescendo selling another 18 acres in NCIP for rm 120 million, or m 150 per sf (rm 6.5 million per acre), net profit is rm 62 million or 7 sen per share.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3507433

Business model must change to bring life to POS Malaysia. Why GDex and other courier service providers striving but not Pos Malaysia? Never contact the recipient before hand but just leave a notice asking to collect his item in Post Office during office hour. Who on earth willing to travel to Post Office during office hour and looking for parking?

All indicators show you where Paramount heading to. Slow and steady up trend build your wealth over time.

https://klse1.i3investor.com/servlets/stk/chart/1724.jsp

https://www.thestar.com.my/business/business-news/2024/12/06/sharp-housing-loan-rebound-good-sign-for-developers

Intermark is now 58% tenanted. By end of Dec another 10% and making 68% occupancy rate. ARReits is going back to its glorious days.