Posted by Mitch0822 > 3 weeks ago | Report Abuse

Up 1cent just to drop 3 cents the next day

Posted by singkalin > 3 weeks ago | Report Abuse

Daily down. What happen ????

Posted by alfredloo90 > 3 weeks ago | Report Abuse

Zhuhai Deal completed as of 8th November 2024 :)

Share price down due to lacking in SBB by the Company and Tan Sri, and most probably, other investors waiting to see 3rd QR results which will out this month.

Without support price might fall lower than 0.56 in short term. Take advantage of this moment to buy lower.

Posted by singkalin > 3 weeks ago | Report Abuse

HA HA. All my fund stuck at 0.67.

Posted by paperhand123 > 2 weeks ago | Report Abuse

mine at 68, see you at level 8 again...

Posted by singkalin > 2 weeks ago | Report Abuse

Daily down.
When start moving up ???

Posted by alfredloo90 > 2 weeks ago | Report Abuse

If 3rd QR is good, price might go up.

But hard to say for sure, considering the whole market is quite bearish. It is almost mid November and KLSE has fallen to 1600 level.

Don't think we can achieve 1730 as predicted by some analyst earlier this year.

So there is a possibility we might have to hold on to LBS abit longer till next year after 4QR comes out sometime in February 2025. (Provided if 4QR is.good as well)

Best course of action is just to keep holding current position or average down.

Posted by alfredloo90 > 1 week ago | Report Abuse

lol....Indonesia is planning to return the ART.

https://www.thejakartapost.com/indonesia/2024/11/14/indonesia-to-return-art-units-to-china.html

Hopefully Putrajaya and Johor State Gov sees ART as potential failure, and should instead opt for LRT, to complement the nearly completed RTS.

LRT is more expensive than ART but more reliable and good investment for JB State in the long run.

Fingers crossed LBS gets the LRT project.

Posted by singkalin > 1 week ago | Report Abuse

Hit 0.550 today.
Started to become rubbish stocks already.

Posted by alfredloo90 > 1 week ago | Report Abuse

Wait for QR

Whole KLSE market is shit anyways. Barely staying above 1600 points

Posted by Mitch0822 > 1 week ago | Report Abuse

It’s already rubbish

Posted by JT1601 > 1 week ago | Report Abuse

When will rebound.......

Posted by Joel77 > 1 week ago | Report Abuse

Is anyone still on board? my average is around 0.76, which is scary now.

Posted by ziyang8896 > 1 week ago | Report Abuse

Haiz,habis

Posted by ziyang8896 > 1 week ago | Report Abuse

I thought successful disposed the Zhuhai asset should be good..but turns upside down.. terrible 😔

Posted by alfredloo90 > 1 week ago | Report Abuse

@Joel77, I am still on board. Currently I am at 0.813 with 1,293,500 units.

Trying to work my way down to below 0.800

MGB just released their 3rd QR today. If MGB has good QR, then LBS should have good QR also.

Posted by Joel77 > 1 week ago | Report Abuse

I saw it wrongly just now, my average was 0.776. struggle now.

Posted by alfredloo90 > 1 week ago | Report Abuse

Just bought additional units today. Current average @ 0.805 (Units: 1,333,500)

Posted by JT1601 > 1 week ago | Report Abuse

Touched new low 0.535

Posted by Joel77 > 1 week ago | Report Abuse

so far no released result yet, or have they delayed the result already?

Posted by Joel77 > 1 week ago | Report Abuse

Bro Alfred, you are brave.

Posted by JT1601 > 1 week ago | Report Abuse

Brave + Rich

Posted by JT1601 > 1 week ago | Report Abuse

Based on the unit holded by Alfred, I think he have invested RM 1 million in this counter.

Posted by hng33 > 1 week ago | Report Abuse

bought LBS at 53.5sen

Posted by singkalin > 1 week ago | Report Abuse

anticlimax yesterday.

Posted by Mitch0822 > 1 week ago | Report Abuse

New day new low

Posted by JT1601 > 1 week ago | Report Abuse

Tmr QR sui sui come

Posted by Noni > 1 week ago | Report Abuse

We believe in Tan Sri

Posted by singkalin > 6 days ago | Report Abuse

How low can you go.
Thanks to asshole KWAP for pressing the price down.

Posted by Joel77 > 6 days ago | Report Abuse

LBS quarter result a bit delayed this time, hope everything ok.

Posted by alfredloo90 > 5 days ago | Report Abuse

Yea, this year 3rd QR a bit slow compared to last year.

But should be ok, because MGB has already reported a good QR, and most of other Property Developers have also reported good earnings in 3rd Quarter, which is a positive indication in the Property Industry.

I truly understand a lot of retail investors are nervous because the current market price of the share is quite bad.

Sometimes, the market share value of the Company does not match the actual fair value, and may require some patience.

Now is the time where it truly test our faith in LBS. Apart from looking at fundamentals, another way to help bolster our faith in LBS is by taking a trip to see their Scapes Hotel, M3 Mall, Housing sites, Industrial Development sites, as well as other developments under MGB, and see for yourself what your money is investing in.

Recently I had a retreat with my wife to LBS SCAPES Hotel and it was very pleasant. The roads leading to the hotel is unpleasant due to ongoing constructions by other developers, but once reached the Hotel, it was quite a pleasant stay.

Posted by alfredloo90 > 5 days ago | Report Abuse

Tan Sri is still purchasing his own company shares so that is some relief.

LBS price is still not going up and gradually slipping. Before this we know KWAP was behind it, but right now no news of KWAP disposing, so perhaps is someone else with large shareholdings that is trying to press the price down lower.

Posted by hng33 > 5 days ago | Report Abuse

LBS wild card - Theta Edge now in the LBS–Ancom–Sinar Bina–BTS consortium, the collaboration would also contain an ART proposal on top of the JB LRT as Theta Edge is proposing ART for the three lines radiating from Johor Bahru (Skudai, Tebrau and Iskandar Puteri)

Posted by hng33 > 5 days ago | Report Abuse

Monetize zhuhai will free up RM 270m for LBS

Posted by alfredloo90 > 5 days ago | Report Abuse

It will not be 100% LRT because it will take too long to finish and now is already nearing end of 2024.

It will also not be 100% ART because ART is not 100% reliable, as evidently seen in Indonesia, returning the ART back to China.

So it will be a hybrid of two systems, which is still beneficial to LBS. So yea, the LRT/ART project is consider a wild card.

Hopefully Putrajaya give green light soon, if they hope to match completion date with RTS.

Posted by JT1601 > 5 days ago | Report Abuse

This time QR so late release

Posted by alfredloo90 > 4 days ago | Report Abuse

Two days left to release QR.

Last day to release is 29th November 2024.

Posted by Unknown404 > 4 days ago | Report Abuse

When will the quarter report be released????

Posted by singkalin > 4 days ago | Report Abuse

everyday dump more than buy.
how to push the price??????

Posted by alfredloo90 > 4 days ago | Report Abuse

Don't get hopes high for share price to shoot up.

If 3QR is good, it might cause price to go up a little, but not by much.

The overall stock market locally and regionally is quite weak.

Don't think we will see any real action until sometime around Feb'25, when 4th QR comes out.

Posted by singkalin > 3 days ago | Report Abuse

daily drop by 0.05

Posted by Joel77 > 3 days ago | Report Abuse

LBS gives special dividend.

Posted by hng33 > 3 days ago | Report Abuse

One off gain from zhuhai. Payout 30% from gain as special dividend 2.6sen

Posted by MAX8186 > 3 days ago | Report Abuse

TQ for the year end bonus. Pleasant surprise.

Posted by WongAhMan > 1 day ago | Report Abuse

The dividend will make the upcoming X'mas and CNY more exciting. Cheers

Posted by hng33 > 19 hours ago | Report Abuse

locked all profit at 59.5sen

Posted by alfredloo90 > 18 hours ago | Report Abuse

Based on 3rd Quarter to 3rd Quarter comparison, LBS revenue is much lower.

This is mainly due to slow approval process on its project which caused delayed project launching, as well as due to the disposal of the Zhuhai Circuit.

Despite lower revenue, the disposal is a positive and strategic move because it helped to reduce gearing ratio and improve cash flow. And on top of that it was a profitable divestment, which allowed the Company to share the disposal profit through a special dividend of 2.6% with its shareholders.

As of 28/11/2024, LBS has 3,746 acres of landbank, an increase by 1,060 acres from 2,686 acres as reported on 31/07/2024. This is another positive note to highlight, to show that LBS still has a strong pipeline of development projects ahead.

Apart from Property Development which accounts for majority of its revenue, the LBS Group is also venturing into renewable energy: Solar & Hydrogen which will most definitely play an important role in the future to come as more clean energy is demanded with the rising demand for Data Centers in Malaysia, and this will also create a new sustainable source of revenue for the Group.

As of 30/11/2024, MARC still retains its rating AA rating on LBS's 750 million Islamic Medium-Term Notes Programme with a quote "Stable Outlook"

Overall despite economic challenging times, LBS Group is still holding a steady ship under the leadership of Tan Sri Lim Hock San, and we hope major investors will see a hidden gem in this Company and take up the shares where KWAP left off. Till today, the share value is still very much undervalued.

Posted by alfredloo90 > 18 hours ago | Report Abuse

As of date, I am still holding on with an average price of 0.804 and 1,337,500 units.

Plan to stock up more units in near future :)

Posted by alfredloo90 > 16 hours ago | Report Abuse

RHB change their view on LBS from HOLD to BUY, with TP 0.72 :)

Posted by singkalin > 14 hours ago | Report Abuse

Somebody is dumping big volume to press down the price.