Posted by nemesis > 2024-04-16 20:28 | Report Abuse

Big drop today...bought at 0.67 too...Tomolo should rebound back fm today's sell off due to middle east tensions...

Posted by Dividend4You > 2024-04-17 16:43 | Report Abuse

nice timing to pickup

Posted by WongAhMan > 2024-04-17 21:00 | Report Abuse

The Board has declared 2.7c dividend (Interim 1.35c & Final 1.35c) today. Cheers

Posted by alfredloo90 > 2024-04-19 14:51 | Report Abuse

https://www.edgeprop.my/content/1909056/lbs-bina-unveils-bsp-sutera-bandar-saujana-putra

Posted by alfredloo90 > 2024-04-19 14:59 | Report Abuse

Stay strong fellow investors in this turbulent times in the Middle East.

LBS might be smaller compared to its other peers such as SP Setia & OSK, but they are nonetheless still a formidable and well managed company with good P&L, Bal. Sheet & Cash Flow.

At the moment, LBS share value is considered undervalued. Its fair value is estimated to be around RM 1.20-1.50. So it is a good opportunity now to buy up as much as possible, at its lowest point.

LBS is considered an underdog among its peers with very promising future if it can pull off the Waterfront Project @ Melaka,

Posted by singkalin > 2024-04-24 15:32 | Report Abuse

JALAN JALAN SIKIT LAH

Posted by hng33 > 2 months ago | Report Abuse

sold at 68.5sen

Posted by singkalin > 2 months ago | Report Abuse

What happen. Cannot jalan.

Posted by mujinkun > 2 months ago | Report Abuse

Why buyback?

Posted by scjm > 2 months ago | Report Abuse

hit target 73 for double bottom; expecting buying momentum to sustain and break 75 recent high to go up to 77.5 by this week

Posted by scjm > 2 months ago | Report Abuse

walor eh very nasty act

Posted by scjm > 2 months ago | Report Abuse

the negative oscillators divergence ought to have be done liao

Posted by scjm > 2 months ago | Report Abuse

the bull continues its run up to 1615 in due time

Posted by scjm > 2 months ago | Report Abuse

lbs uptrending would probably sustain into the month of July

Posted by scjm > 2 months ago | Report Abuse

what a shame index hit 1615 but price of ibs cacat

Posted by scjm > 2 months ago | Report Abuse

back to 69.5 to 72.5 zone

Posted by remus17 > 2 months ago | Report Abuse

what's wrong keep on doing 71

Posted by remus17 > 2 months ago | Report Abuse

seems moving, eating 73 now. hope it will move pass 75

Posted by alfredloo90 > 2 months ago | Report Abuse

LBS has potential but a late bloomer

Posted by singkalin > 1 month ago | Report Abuse

What happen ????
Big drop !!!!!

Posted by DreamSorcerer > 1 month ago | Report Abuse

can recover or not?

Posted by singkalin > 1 month ago | Report Abuse

AH YO YO.
JALAN LAH SIKIT SIKIT

Posted by NickelLee > 1 month ago | Report Abuse

IWCity (1589.KL) Biggest Laggard In Johor Property Boom

Over the weekend, The Edge Weekly featured a 200-pager Special Edition titled “JOHOR READY FOR THE BIG LEAP”. Johor since the middle of last year had been the hotbed of investment be it property counters and the involvement in Data Centre Theme. Share prices with exposure to Johor were sure hits for these 18 months. The main catalyst is none other than the sheer amount of FDIs pouring into the state. In addition to the big policy moves to formulate and execute business-friendly decisions in spearheading the state’s economic growth.


Quoting Datuk Ho Kay Tat (Publisher & Group CEO of The Edge)

Publisher’s Note [THE STARS MAY FINALLY BE ALIGNED FOR JOHOR]

“In 2006, Malaysia launched the Iskandar development project to try and push things forward for Johor, but progress has not been as good as hoped and one reason is because of the cool response from Singapore.

But this appears to have changed recently, and there is now bullish optimism in the air because of closer government-to-government cooperation that has enabled things to move. The collaborative construction of the Rapid Transit System Link (RTS Link) from Woodlands in Singapore to Bukit Chagar in the heart of Johor Bahru and the creation of the Johor-Singapore Special Economic Zone will be game changers.

Another factor is that Johor’s Sultan Ibrahim is now the King of Malaysia and His Majesty will definitely give an added push to make things happen sooner, rather than later

For Johor, the stars may finally be aligned”



In a RHB Report dated 13 May 2024 Titled [Real Estate - JS-SEZ: The New Chapter of Iskandar Malaysia] mentioned a list of major landowners in Iskandar Malaysia. Further extrapolating from the list, the table below shows the share price performances of these landowners.


Company Name / YTD-Performance

UEM Sunrise +35.7%
Sunway +65.1%
IOI Properties +37.5%
Mah Sing +125.6%
LBS Bina +16.7%
Ecoworld +47.2%
AME Elite +2.4%
KSL +57.3%
Scientex +13.3%
😲IWCity -0.6% 😲
Crescendo +53.1%
YTL Corp +90.1%
MPHB +53.8%

To many investors' surprise, IWCity is the only company that printed a negative return on share price with a meagre -0.6% contraction. The average YTD return for companies with land banks in Iskandar Malaysia Region was +49.8% and even more on a 1-Year measurement.

Surging property prices in Johor as seen from recent transactions with KSL, Paragon Globe, Crescendo and AME Elite are some of the anecdotal evidence that land prices are indeed moving up. Hence, one needs to take a closer look at IWCity as it lags behind its peers by a far margin. Hence, an opportunity for the late comers to catch up with very low downside risks.

https://klse.i3investor.com/web/blog/detail/IWCITY/2024-06-09-story-h-159762931-IWCity_1589_KL_Biggest_Laggard_In_Johor_Property_Boom

Posted by yewnamhung > 1 month ago | Report Abuse

Any good news ~~ ?

Posted by nemesis > 1 month ago | Report Abuse

LBS is climbing upP

Posted by yewnamhung > 1 month ago | Report Abuse

Sui ! up up & go

Posted by nemesis > 1 month ago | Report Abuse

What happened??? Why LBS is Skyrocketing...it is time to celebrate

Posted by yewnamhung > 1 month ago | Report Abuse

興旺發 https://www.youtube.com/watch?v=oZl1zwPwWYI

Posted by goldenhope > 1 month ago | Report Abuse

Target RM1 as property sales increased

Posted by nemesis > 1 month ago | Report Abuse

1.00 is not impossible for LBS since Mahsing also climbing to nearly 2.00 recently

Posted by macai > 1 month ago | Report Abuse

Yes and highly possible since PE still single digit

Posted by macai > 1 month ago | Report Abuse

No early sale for me since price is low and got 2 pending dividend payments

Posted by nemesis > 1 month ago | Report Abuse

LBS is Skyrocketinggggggggg

Posted by yewnamhung > 1 month ago | Report Abuse

好势了 https://www.youtube.com/watch?v=1iXlG6pCCf0

Posted by yewnamhung > 1 month ago | Report Abuse

Bro, any good good news ?

Posted by macai > 1 month ago | Report Abuse

PE ratio still attractive.

Posted by goldenhope > 1 month ago | Report Abuse

Told you all, will hit RM1

Posted by goldenhope > 1 month ago | Report Abuse

Data center coming

Posted by nemesis > 1 month ago | Report Abuse

I believe LBS is making inroads into Data Center Development just like Mahsing...hope it is true...just my guesstimate!

Posted by goldenhope > 1 month ago | Report Abuse

DC is trend now

Posted by Jameskk > 1 month ago |

Post removed.Why?

Posted by yewnamhung > 1 month ago | Report Abuse

Yes ! go go go ~~~

Posted by nemesis > 1 month ago | Report Abuse

All the Share buy activities performed by LBS all this while have done a good job to corner the stock...They have done with the massive share buyback, now is the time to pump and lift it up high to reflect it true fundamental...I m definitely not selling as I believe the stock can ride high to 1.50 if more good news announced soon...

Posted by singkalin > 1 month ago | Report Abuse

Today RM 1.00

Posted by DreamSorcerer > 1 month ago | Report Abuse

any interesting potential good news🤔?

Posted by Christine Cheah > 1 month ago | Report Abuse

Any news pls

Posted by scjm > 1 month ago | Report Abuse

a pullback going down to 82-83 is likely but hopeful there would be a rebound from thereof

Posted by scjm > 1 month ago | Report Abuse

what a timid player...come on show your prowess in your battle to hit 1.05

Posted by nemesis > 1 month ago | Report Abuse

Woww LBS will be suspended for trading on 19th pending the release of a material announcement...Could it be LBS making inroads into Data Center development??? One thing for sure once it is resume for trading on 20th, the share price is surely above 1.00...LBS is Next!!!

Posted by turbochart > 1 month ago | Report Abuse

LBS become LexusBS 😁 Waw!!