Be the first to like this.

5 comment(s). Last comment by ks55 3 weeks ago

Posted by Callmejholow > 1 month ago | Report Abuse

everyday trying to push KSL

ks55

3,461 posts

Posted by ks55 > 3 weeks ago | Report Abuse

KSL share price cannot move because Directors won't pay dividend to minority shareholders, but paying millions and millions to themselves.
10 sen dividend will be good enough to make share price at 4 ringgit justifiable, based on PE 10.

ks55

3,461 posts

Posted by ks55 > 3 weeks ago | Report Abuse

Surely Crescendo can move up to 4 ringgit by next Friday, profit from daily operation is 20 sen per share, but we are expecting Crescendo to declare 20 sen dividend a share by Friday.

ks55

3,461 posts

Posted by ks55 > 3 weeks ago | Report Abuse

Why housing price started to move up since last year?

One very important reason is many young people were holding back since 2016 when DIBS bit back really hard starting from that year. Since then, 7 long years passed and property prices were sliding downwards non-stop. It was in 2023 most developers bite bullet offering discount between 25 to 35%.

For many young people who could have bought houses 7 years ago are now at 37 or 40 years old, they are earning more now and can get more housing loan. They are not buying one, but 2 or 3 more for investment. These buyers are matured enough to take note housing price already at rock bottom and hardly fall any more. As matured investors, they also notice rental have moved up by 10% in 2023, further 10% increase in 2024, to be in tandem with regional rental.

House price is moving up for sure. How much increase will depends on wages, building material like cement and steel, cost of petrol/ diesel, hike in sale and service tax from 6 to 8%, land price appreciation, and statutory requirement for PPR, Rumah Selangor Ku etc.

Post a Comment
Market Buzz