LBS BINA GROUP BHD

KLSE (MYR): LBS (5789)

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Last Price

0.61

Today's Change

-0.01 (1.61%)

Day's Change

0.61 - 0.63

Trading Volume

3,274,900


16 people like this.

3,847 comment(s). Last comment by alfredloo90 7 minutes ago

singkalin

510 posts

Posted by singkalin > 2 months ago | Report Abuse

When can touch level 9 again ??

Posted by alfredloo90 > 2 months ago | Report Abuse

After re-evaluating LBS, the Property Development Industry and the overall Market condition.

I'd say we will have to wait until at least after 2nd or 3rd Quarter Results to gain rally from major investors confidence on the Company.

If LBS can announce a special dividend from the disposal of Zhuhai Circuit or announce project on DC projects, this will most definitely help to further boost the share price.

singkalin

510 posts

Posted by singkalin > 2 months ago | Report Abuse

Who the celaka KWAP Fund Manager ???

Posted by alfredloo90 > 2 months ago | Report Abuse

Don't know, but confirm he or she is an asshole for "dropping the ball".

Posted by Christine Cheah > 5 minutes ago | Report Abuse

Aiyoyo LBS

singkalin

510 posts

Posted by singkalin > 1 month ago | Report Abuse

Investor run because of this asshole Fund Manager.

Posted by alfredloo90 > 1 month ago | Report Abuse

Based on the 4 hours Candle Stick and MACD indicator, it does seem like the selling momentum / profit taking for LBS is slowing down.

Is still to early to say but LBS might be poised to break the 0.74 resistance either tomorrow or next week, provided if no unforeseen economic challenges or volatility comes in the way.

Posted by Christine Cheah > 1 month ago | Report Abuse

Any update pls?

Posted by alfredloo90 > 2 months ago | Report Abuse

At the moment nothing much to update.

Just hibernate until 2nd and 3rd Quarter Results.

nelsonlim

722 posts

Posted by nelsonlim > 1 month ago | Report Abuse

lbs coming?

singkalin

510 posts

Posted by singkalin > 2 months ago | Report Abuse

When LBS can climb back to level 9 ???

Joel77

21 posts

Posted by Joel77 > 2 months ago | Report Abuse

other property counters did not drop as much as LBS, haiz

singkalin

510 posts

Posted by singkalin > 2 months ago | Report Abuse

Because the KWAP ASSHOLE KEEP DISPOSE SHARE.

Posted by Christine Cheah > 4 weeks ago | Report Abuse

Aiyoyo LBS...

mf

28,511 posts

Posted by mf > 4 weeks ago | Report Abuse

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“They’ll just try to wear us out,” the official said.

Unknown404

289 posts

Posted by Unknown404 > 3 weeks ago | Report Abuse

Die

singkalin

510 posts

Posted by singkalin > 2 weeks ago | Report Abuse

Hard to move after the Black Monday.

Posted by alfredloo90 > 2 weeks ago | Report Abuse

With regards to the material litigation, here are some read ups on the background for some context.

It is with regards to the shopping mall called: M3 Shopping Mall

Source (1): M3 Mall in Taman Melati to Open in October
Link: https://www.edgeprop.my/content/m3-mall-taman-melati-open-october

Source (2): LBS Bina to buy M3 Mall owner-operator for RM105m
Link: https://theedgemalaysia.com/article/lbs-bina-buy-m3-mall-owneroperator-rm105m

Summary: Prior to LBS take over of Gerbang Mekar, it seemed that the development of the M3 Shopping Mall project also involved DBKL, and that Gerbang Mekar used to be an associate company to Mega Jaya Planner. Once the shopping mall project was completed, LBS acquire the M3 Shopping Mall by acquisitioning Gerbang Mekar for RM 105 million, and by the look of it, LBS has settled all debts/outstanding. So is quite clear, whatever alleged claims raised by Mega Jaya Planner through this litigation is got to do with the previous management before the took over. Could be that LBS paid Gerbang Mekar previous owner, and in turn the previous owner did not pay Mega Jaya Planner....

singkalin

510 posts

Posted by singkalin > 2 weeks ago | Report Abuse

Tak boleh jalan

singkalin

510 posts

Posted by singkalin > 2 months ago | Report Abuse

Good or bad qtr result on 21st August???

singkalin

510 posts

Posted by singkalin > 1 week ago | Report Abuse

Bull today. LBS still tidur

Posted by alfredloo90 > 1 week ago | Report Abuse

Sleeping Dragon

Unknown404

289 posts

Posted by Unknown404 > 1 week ago | Report Abuse

Will quarter report be released on tomorrow?

Posted by alfredloo90 > 1 week ago | Report Abuse

Not sure...but should be out within this week.

Usually few days later after MGB released the QR, LBS QR will also be released.

*MGB is LBS subsidiary

Unknown404

289 posts

Posted by Unknown404 > 3 weeks ago | Report Abuse

The quarter report of MGB released on 19.08.2024

Unknown404

289 posts

Posted by Unknown404 > 1 month ago | Report Abuse

Heng ah! Good quarter report! I made a decision to sell my SPSETIA today due to my instinct that the quarter report is going to be released today! Gugulalat!

singkalin

510 posts

Posted by singkalin > 3 weeks ago | Report Abuse

A losing company price can hit 0.90.
LBS profit over 30 millions every qtr, yet price can't even touch 0.70.
Why ?????????

Posted by alfredloo90 > 1 week ago | Report Abuse

Fair value should be between 1.20 to 1.50

Posted by alfredloo90 > 1 week ago | Report Abuse

Fyi, LBS used to be worth 1.60 - 2.00 before they subdivide the shares 1:2

Unknown404

289 posts

Posted by Unknown404 > 1 week ago | Report Abuse

Why US market is doing good on last Friday but today like no power in Malaysian market? 😪😪

singkalin

510 posts

Posted by singkalin > 6 days ago | Report Abuse

Since disposal of Zhuhai Circuit, LBS share never wake up. 😴😴😴

Posted by alfredloo90 > 6 days ago | Report Abuse

Wait until 3rd QR

The disposal is still in process.

Will complete in Oct 24

singkalin

510 posts

Posted by singkalin > 5 days ago | Report Abuse

Why nobody buy LBS shares???
Is it because of Asshole KWAP dumping LBS share???

Unknown404

289 posts

Posted by Unknown404 > 4 days ago | Report Abuse

Yeah I guess so. Company no lose monies but drop. LOL

Posted by alfredloo90 > 4 days ago | Report Abuse

Yea very weird that LBS cannot move up and keep dropping.

The Company is profitable, with healthy balance sheet, there are a lot of ongoing projects and the Company has adequate land bank that can sustain the Company for up to 10-15 years. The company has good track record, with numerous awards and there is continuous growth. The Chairman himself is well connected to several Royalties and Menteri Besars....

BUT for some reason, the market is just not attracted to LBS.

Shit companies like Muhibah (0.815), UEMS (0.845), Tanco (1.04) & Tropicana (1.50) are not even performing that great and their share price is higher than LBS

Seriously WTF wei….

Posted by alfredloo90 > 1 month ago | Report Abuse

Hopefully there is good news towards end of year.....sigh!!!!

Unknown404

289 posts

Posted by Unknown404 > 4 days ago | Report Abuse

I buy more at 0.65 today. Wanna ask if I am still entitled to the dividend?

WongAhMan

32 posts

Posted by WongAhMan > 5 days ago | Report Abuse

Dividend ex Aug 29. You are still entitled to dividend for today's purchase.

Unknown404

289 posts

Posted by Unknown404 > 4 days ago | Report Abuse

@WongAhMan thanks for your kind clarification!

Unknown404

289 posts

Posted by Unknown404 > 4 days ago | Report Abuse

May I ask if stock price will recover after the last day of entitlement of dividend?

Posted by alfredloo90 > 3 days ago | Report Abuse

Does anyone has any information on what is going on with the market?

It seems a lot of share counters lost whatever they have gained in the past 8 months.

KLCI is going up but share prices plummeting. WTF is going on...

Where is all the foreign investment funds, the government keep mentioning???

WongAhMan

32 posts

Posted by WongAhMan > 1 week ago | Report Abuse

Unknown404, LBS's share price would be adjusted (minus 1.35c div) when the market opened at 9am today. Its performance after that would depend on the market sentiment.

MattSon

39 posts

Posted by MattSon > 3 days ago | Report Abuse

LBS Bina Group Berhad has been honoured with the "Highest Growth in Profit After Tax Over Three Years" award in the property sector category at The Edge Billion Ringgit Club Awards 2024.

singkalin

510 posts

Posted by singkalin > 1 month ago | Report Abuse

Hot Stock suddenly become Dead Stock.

Posted by alfredloo90 > 1 month ago | Report Abuse

Still pending funds from major investors.

Right now majority trades for this stock mainly consists of retail investors, which have no momentum affect on the price.

The longer the price stay stagnant, the more it will make retail investors nervous and eventually pull out causing the price to drop further.

Could be a tactic by major investors to purposefully do this, so that they can collect at lower price.

But anyway, without any good incentive such as higher dividend, it is quite hard to attract major investors attention also....

We see lor this coming October, after the completion of disposal of Zhuhai Circuit, if there will be any special dividend....

Posted by alfredloo90 > 3 weeks ago | Report Abuse

I am stuck at 0.86, so my position is quite bad....hahaha

Anyone worst than me?

singkalin

510 posts

Posted by singkalin > 3 weeks ago | Report Abuse

What the point of receiving so many awards, yet the shares price like shit.

Unknown404

289 posts

Posted by Unknown404 > 1 hour ago | Report Abuse

Wtf is wrong is LBS? Keep dropping

Posted by alfredloo90 > 2 hours ago | Report Abuse

No idea, market manipulation perhaps by KWAP....

It is not functioning like a normal company. What other reasons could there be except market manipulation....

LBS is a company where share price will drop despite there is good news and is performing...

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