Record sales for automobile simply translate to more components and car seats required. Go and buy APM now. It is value for your money........

Blog: Crescendo - Profit jumps 270% in third quarter. Launching a further RM500 million land for sale after clinching RM543 million sales in just 10 days. Best deal for 2024?

Jan 21, 2024 5:26 PM | Report Abuse

Intrinsic value per share for Crescendo is not less than 9 ringgit, taking into consideration quality and credibility of its Directors, steady earning potential for next few years, healthy financial status and strong cash flow, very solid background of its major shareholders (no pledged securities/ nominee holders), recently land disposal, intended further land disposal, development lands were purchased more than 20 years and the location of these land bank.

Looking forward to rm 6 in near future.

Whether you like it or not, today's closing will be at limit down price........

Number of share subjected to forced selling is between 240 million to 300 million. New owner will emerge. First thing to do for new owner is to stop all contracts/ agreements entered by 'previous owners'. Conduct a forensic auditing. Make sure no cash/ liquid assets are transferred out. Freeze all bank accounts. Freeze all movement of staff in and out from company's premises for a week to facilitate transfer of books and proper handing over.

It is just 4 sen away from limit down price. If is again close at 55.5 sen, there will be no escape for those still holding to the share.

Simply the Directors are not trustworthy. Prepaid Joint Ventures most probably already gone. Even an unknown woman was paid 2.6 million for sleeping at home. Who is that woman?

Intrinsic value per share for Crescendo is not less than 9 ringgit, taking into consideration quality and credibility of its Directors, steady earning potential for next few years, healthy financial status and strong cash flow, very solid background of its major shareholders (no pledged securities/ nominee holders), recently land disposal, intended further land disposal, development lands were purchased more than 20 years and the location of these land bank.

Looking forward to rm 6 in near future.

These two Dato Dr Yu as Executive Chairman and Dato Yu as Managing Director already took more than rm 15 million as Director's fees and salaries. Worst still is this woman Datin Chan Sow Keng as Alternate Director (alternate to which Dato?) also got rm 2.6 million pay. She was not listed as a Director and no profile given. She was also not stated any relationship with the other two Dato's in the Annual Report. Who is this woman?

Alternate Director
Datin Chan Sow Keng rm 2,605,000

Surely SC must do a thorough and in depth investigation into YNH. Highly probable can charge those responsible and secure conviction under Bursa Listing Rules and Regulation, perhaps charge them for CBT by Agent under Sec 409 Penal Code.

Johor developers with cheap land banks all are good buy. Those land bought 20 years ago, i.e. 2003 were all dirt cheap, appreciated 10 or 20 times already. Among the value buy should be Crescendo, KSL, Keck Seng, IOIP etc etc.


Stock: [KSL]: KSL HOLDINGS BHD

Jan 15, 2024 7:11 PM | Report Abuse

Compare KSL with Crescendo.

https://klse1.i3investor.com/servlets/stk/chart/5038.jsp
https://klse1.i3investor.com/servlets/stk/chart/6718.jsp

Which one will give better return with minimum risk as an informed investor?

All 30 largest registered shareholders are nominees (pledged, securitized, margin accounts) total 300 millions (56.6%). How many more nobody knows. All these shares are subjected to forced selling on Monday, or Tuesday. Surely Monday will be another limit down.

YNH is going to repeat what Ekran experienced, from 7.60 to 67 sen. Due to highly suspicious nature of Joint Ventures Deposits paid without any clarifications and explanations (total rm 1065 million), meaningful transaction with volume may take place on Tuesday at 25.5 sen

JOINT VENTURE DEPOSITS PAID
Lot 2579, Lot 2594, Joint development 12.30 Proposed high rise Freehold 129,500,000 -
Lot 3458 & Lot 3469, properties condominium
Mukim Batu, Daerah
Kuala Lumpur
Lot 4753, Mukim Batu, Joint development 5.14 Proposed high rise Freehold 207,300,000 -
Daerah Kuala Lumpur properties condominium
Lot 449, Mukim Batu, Joint development 5.06 Proposed high rise Freehold 72,000,000
Dearah Kuala Lumpur properties condominium
PT 10415, PT 10416, Joint development 50.00 Proposed mixed Leasehold 39,811,000 -
Mukim Lumut, properties development (3.3.2104)
Daerah Manjung
Lot 400, Bandar Lumut, Joint development 25,87 Proposed mixed Leasehold 37,509,000 -
Daerah Manjung properties development (15.1.2105)
Lot 3566, Lot 3567, Joint development 5.21 Proposed mixed Freehold 6,500,000 -
Lot 3568, Pangkor Island properties development
PT 10513, Mukim Lumut, Joint development 24.67 Proposed mixed Leasehold 12,100,000 -
Daerah Manjung properties development (2.11.2103)
Lot 15233, Mukim Batu, Joint development 2.66 Proposed high rise Freehold 54,500,000 -
Daerah Kuala Lumpur properties condominium
Lot 10496 to lot 10518, Joint development 307.30 Proposed mixed Leasehold 34,848,000 -
Mukim Hulu Bernam Timur, properties development (4.7.2095)
District Batang Padang, Perak

JOINT VENTURE DEPOSITS PAID (cont’d)
PT 1792 etc, Kuala Pilah, Joint development 76.72 Proposed mixed Leasehold 65,653,000 -
Negeri Sembilan properties development (30.12.2086)
Lot 61113, Joint development 22.67 Proposed mixed Leasehold 28,500,000 -
Mukim Belanja, Perak properties development (4.3.2112)
Lot 48632, Mukim Kuala Joint development 6.29 Proposed high rise Freehold 239,500,000 -
Lumpur, Daerah Kuala Lumpur properties condominium
Lot 594, Mukim 09, Joint development 27.06 Proposed mixed Freehold 27,669,000 -
Daerah Sebarang Prai Selatan properties development
PT 2856, 3168, 8289, Joint development 0.71 Proposed high rise Freehold 10,500,000 -
Mukim Damansara, properties condominium
Daerah Petaling
69 plots, Mukim Kuala Joint development 1.00 Proposed commercial Leasehold 72,800,000 -
Lumpur, Daerah Kuala Lumpur properties development (2.11.2066)
Lot 5274, Mukim Damansara, Joint development 1.51 Proposed high rise Freehold 23,045,000 -
Daerah Petaling properties condominium
Lot 2355, Mukim Batu, Joint development 2.78 Proposed high rise Freehold 38,383,000 -
Daerah Kuala Lumpur properties condominium

Haha....Oversight? Transaction on 18 Apr 2022, only make announcement on 17 Jan 2024 after share price already went multiple limit downs. Surely the Directors must be charged in court for deceiving shareholders. More so when the terms is so ambiguous. Not a related transaction? Who is Lau Sheng Ming? Who is this Yu Teong Wei?

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=143821&name=EA_GA_ATTACHMENTS

JTiasa coming out from hibernation. Showing its claws now.........

Information on the Purchaser

As at the 10 November 2023, being the latest practicable date of this announcement
(“LPD”), MPSB has a total issued share capital of RM100,000 comprising of 100,000
ordinary shares. MPSB is a wholly-owned subsidiary of Microsoft Ireland Operations
Limited. MPSB is principally engaged in the business of provision of datacentre
services.


UTILISATION OF PROCEEDS includes Funding of ongoing projects:

The proceeds are intended to be used to partially fund the infrastructure and construction cost of the Group’s development project, namely Bandar Cemerlang project.
Bandar Cemerlang consists of 1,390 acres of gross development land near Ulu Tiram which will be
developed over a period of 15 to 20 years into 864 acres of self-contained new township with residential and/or commercial developments and a 526-acre industrial park. It is approximately a 30-minute drive from Johor Bahru City Centre via Tebrau highway & Eastern Dispersal Link

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=142162&name=EA_GA_ATTACHMENTS

This is call efficiency. Conditional S&P signed on 17 Nov 2023, EGM on 5 Feb 2024, circular out 18 Jan 2024. Expected date of completion before 30 Sept 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3415625

The tracks are already in place. Only need to procure new roller stocks and software to run the system. Why take so long? Why so expensive? Should MACC look into the contract?

Sunak is an Indian good at selling snake oil. So it is Sunak and the Snake.

By 3000, 8 trillion will perish.

It will kill 500 million by 2300

SP Setia is considered a laggard in the present property counter bull run, albeit its share price started to move up from record low at 41 sen. Remember most IB gave target price at 3.80 when it bought entire I&P through share swap?

KSL Directors are very bullish in property market next few years. They now buying lands which are ready to start development once land deals are completed. KSL also in the midst of developing several on going projects. There is no question of 'pause' the development for KSL.

Talking about controversial deals including UMBC and UEP (he refers as Sime UEP), I am just wondering why UMBC was not permitted to sell to MPHB, instead exchange for a small Malaysia-French Bank? Who stop that deal? Why stop that deal?

Again UEP (United Estate Project) in Subang Jaya, why must it be sold to Sime Darby which was already controlled by PNB then?

Daim was not a saint. He may have done something good for Malaysia, at the same time something not so good........

Based on SOP, Crescendo worth at least 9 ringgit. Buy it and be part of your retirement planning.

One of the three LRTs radiate out from JB Sentral (RTS terminal) will proceed all the way to Impian Hills, passing through Bandar Cemerlang, and has a station at Tebrau City.

Bandar Cemerlang comprises of 800 acres of residential/ commercial development, and 526 acres of industrial park to be launched by 2025. With LRT line planned to pass through Bandar Cemerlang, what is the least you can expect for Crescendo share price? Not to forget 100 acres industrial land already sold for 540 million, and another 100 acres set to sell not less than 500 million.

All in all, sum of parts (SOP) for Crescendo can never be less than 9 ringgit per share.

One of the three LRTs radiate out from JB Sentral (RTS terminal) will proceed all the way to Impian Hills, has a station at Tebrau City. Both Tebrau City and Impian Hills are developed by Plenitude.

So what should be the impact on Plenitude share price?

Once reputation lost, it is lost forever. They will be remembered forever as a non-trustworthy personality.

Depends on who are the Directors.

Singapore businessmen should take the opportunity capitalize on strong Sing dollar. By setting up more manufacturing facilities in JB, less Malaysians need to cross over to Singapore to choke the city state. More so when Singapore senior management can come over to work with salary in Sing dollar but spend ringgit on quality housing and driving a good car. To spend a day in golf course in Singapore is a dream, but when they are working and staying in JB, can just close both eyes to enjoy 7 days a week golfing.

Malaysia akan bangun dari tidur. Kerajaan bangkitkan masalah-masalah dan mencari penyelesaian. Dalam 10 tahun lagi, TRX akan beropeasi penuh, RTS akan beroperasi penuh, Data Centres jadi nadi pembangunan di JB, Bandar Malaysia dan HSR akan hidup semula. Ini lah harapan kami semua........

What is the benefits to provide your personal detail to PADU? I, for one, will never give my banking account number to PADU. Right now, if anything goes wrong with my bank account, I hold the bank responsible. Can you hold PADU responsible if thing goes wrong? Bank will shed its responsibility, and PADU not taking that responsibility. What can I do ?

At 2.70, might as well switch over to Crescendo at the same price.

Consolation at best is it did not follow Ekran, from 7.60 to 67 sen in 7 limit downs. No escape for those who held Ekran share then.

What about CHHB? From 2.50 to 35 sen, and now at 32 sen? YNH should not be too much different in its price trend.

When 2 US planes charged at 055 destroyer, 6 missiles were set ready to take down the planes. What is the point of having guardrail? What is the point to re-opening up of military communication between US and PLA?

I have KSL too. Bought at 40 sen!

Haha...

Why you don't have Crescendo? Sold 100 acres got rm 540 million. Going to sell another 100 acres in the same location for not less than rm 500 million!

Malaysia used to be the Research Power House for upstream and downstream palmoil industry. I believe those research labs are still relevant to produce high yield seedlings (and seeds), DNA gene mapping, oil extracting technology, harvesting techniques, refineries, end uses for palm oil, end uses for oil palm by products, bio-diesel etc.
Chemara Researh Station existed more than 45 years ago. Other new and upcoming new labs primarily doing research as to improve palm oil yield via plant DNA technology and to look for better clones by DNA Mapping. All the best to Malaysian Scientists to make our palm oil industry truely world class........

Crescendo is always a safe investment for retirement planning. Get 500k Crescendo will be good enough for average retiree to live a comfortable life.

Good news for APM:

1. Good quarterly result.
2. High tangible asset per share. Properties never revalue for 30 years.
3. Record car sales. Good for components supplier and APM is the riding on this.
4. High dividend pay out. Boss is not known for self-enrichment practices like Jaks, but a generous person.
5. Potential privatise target as intrinsic valuation could be more than rm 15.

It is the best to sell to a single investor for Data Centre like YTLP's collaboration with Nvidia. Satu kaligus membangunkan Nusajaya sebagai Data Centre for Malaysia.

Then you should go for Crescendo. Directors plan to sell another 100 acres of industrial land in NCIP for not less than rm 500 million.

What can you expect from the following?

"The Board also expects the Group to perform well in FY2025 as the conditional
SPAs for the land sales in NCIP mentioned above will result in an estimated gain after taxation of
approximately RM310 million upon their completion in FY2025."

Crescendo plan to sell further 100 acres of industrial land at Nusa Cemerlang Industrial Park for rm 500 million. If it is for more Data Centres, then the selling price should be even higher than rm 540 million.

" In the second quarter of this financial year, the Group launched about 100 acres of industrial land for sales in Nusa Cemerlang Industrial Park ("NCIP") and it was fully sold through several conditional sale and purchase agreement ("SPA") with a total lock-in sales of RM543 million as disclosed in Note A10. The Group has further launched the balance landbank at NCIP of approximately 100 acres for sales with a GDV of around RM500 million. The Group also intends to commence the main infrastructure work of the industrial park at Bandar Cemerlang in FY2025 as we plan to launch the first phase for sales within the next three years."

As usual. How Indian police investigate into a purported crime? Make arrest first, then look for evidence to suit the charge. It may to the extend of fabricating so called evidence, like what Indian govt did to introduce new law with retrospective effect just to make robbery legal.

3 LRTs radiate out from RTS is highly possible. One to the JB West through Skudai, one to JB North towards Kota Tinggi may end near Impian Hills, one to JB East passes through Mid Valley South Key to end at Pasir Gudang Port. All residential properties along these 3 routes will shoot up in price, as residents can stay in JB but to earn Sing dollar. Of course, nearer to RTS housing price will be much higher. You pay for convenience mah.

Britain is no more relevant. Can just the Councillor to go fly kite!

If Jimmy Lai indeed a British, he should be considered Enemy of State. Charged under Security Act, receive capital punishment upon conviction.

Haha.....India?
Fiscal deficit, Trade deficit, INR go holland, Inflation shoot through the roof.
India drive engineer for Asia? My foot!

What Press Freedom this stu-pid fella is talking about? Richard Lai not charged under anything related to freedom of speech. He is charged for treason. He is charge for financing the cockroaches causing unreparable damage to Hongkong economy, social unrest, rule of law, damages to public property, disrupting daily life of people, spread hate and hatred among families and society as a whole. He ought to be shot!

Ambok estate (794 acres) takes only 20 minutes drive to Pengerang. All highways now. Syiok sekali. Crescendo worth rm 9 per share based on SOP.

Crescendo already on the way up and up. Why KP no up?