CRESCENDO CORPORATION BHD

KLSE (MYR): CRESNDO (6718)

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Last Price

1.59

Today's Change

-0.09 (5.36%)

Day's Change

1.56 - 1.73

Trading Volume

3,783,400


2 people like this.

632 comment(s). Last comment by star899 1 hour ago

Posted by lionel messi > 2 months ago | Report Abuse

The beauty of small cap. Can easily fly when squeezed by strong demand.

KiasiPu

359 posts

Posted by KiasiPu > 2 months ago | Report Abuse

See you rm5 soon

Diamond7

2,331 posts

Posted by Diamond7 > 2 months ago | Report Abuse

Hot....very hot!
RM4.05

My guess...
Coming next is...

Special dividend!!!

Posted by lionel messi > 2 months ago | Report Abuse

Special div is forgone conclusion. A matter of when not if. Could there be many more lucrative land sales coming? Their property development projects are going to sell like hot cakes in booming Johor. Don't forget the revealing of more details of the Special Economic Zone in September will add more fuel to the fire. Go figure.

Invest_888

1,060 posts

Posted by Invest_888 > 2 months ago | Report Abuse

Should be at least RM5.50 this year. After the subdivision of every one of its shares into three shares. RM5.50/3 =RM1.83 per share. Due to more active trade later and JB property location, RM2.00 is also achievable this year.

ks55

4,100 posts

Posted by ks55 > 2 months ago | Report Abuse

My TP is 6 ringgit, work out to be 2 ringgit per share after split. On top of that, I am looking for another 30 sen dividend.

investor77

805 posts

Posted by investor77 > 2 months ago | Report Abuse

Very superb results did not move the price. Only Bonus, Split moved prices up. !! Anyway hope it will move up to RM 5.50 due to enormous profit received from land sales and property development near RTS, and potential big Dividends coming.!!

klee

3,396 posts

Posted by klee > 2 months ago | Report Abuse

cornered stock,boss wants 6 then 6...he wants 8 then 8...its gonna rocket,after split goreng some more

ks55

4,100 posts

Posted by ks55 > 2 months ago | Report Abuse

Jalan Senyum 1 billion ringgit project consists of 1200 condo units. Land cost 72 million with 3.2 acres of free hold land.
Across the road, Kimlun JV with Singapore landowner develops 600 million condo units , on a piece of 1.6 acres land at Bukit Senyum. Land cost 62 million.

Just based on land cost itself, Crescendo stands to make 48 million (62mx2- 72m=48m).
What about GDV? 400 million more GDV!

Posted by lionel messi > 2 months ago | Report Abuse

No turning back. Sell at your own risk. May not be able to buy back. Small cap no supply of shares.

klee

3,396 posts

Posted by klee > 2 months ago | Report Abuse

4.5 close today

klee

3,396 posts

Posted by klee > 2 months ago | Report Abuse

cornered stock as said...

klee

3,396 posts

Posted by klee > 2 months ago | Report Abuse

Ya watch out for bargain lol,any dip is buying opportunity till rm5

klee

3,396 posts

Posted by klee > 2 months ago | Report Abuse

nta ady rm4.36,cincai sell another 2 pieces of johor land it can pech rm5 any time

klee

3,396 posts

Posted by klee > 2 months ago | Report Abuse

the boss will release progressively good news to support prices prior to x split

klee

3,396 posts

Posted by klee > 2 months ago | Report Abuse

this type,we dont need worry daily fluctuations....it is not structured warrants

klee

3,396 posts

Posted by klee > 2 months ago | Report Abuse

It will be in the boss's best interest to push to the sky before split.After split,what happened to vitrox bonus issue ( after bonus shares listed )may happen here too.

Posted by lionel messi > 2 months ago | Report Abuse

This is not a manipulated or goreng stock. Don't always have such thoughts. This is a conservative, prudent, well managed, sustainable, strong corporate governance company that let its numbers do the talking.

newuser999

229 posts

Posted by newuser999 > 2 months ago | Report Abuse

Well, if the share price is pushed to sky high (more than RM 6), I will sell instead before waiting it drops back to its fair value. TA will greatly help on this.

ks55

4,100 posts

Posted by ks55 > 2 months ago | Report Abuse

Crescendo management has been proven time after time for its highly efficient professionalism.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3467243

klee

3,396 posts

Posted by klee > 2 months ago | Report Abuse

lets break 4.3

troy88

2,978 posts

Posted by troy88 > 2 months ago | Report Abuse

Still strong despite market turbulence

klee

3,396 posts

Posted by klee > 2 months ago | Report Abuse

break up ady

klee

3,396 posts

Posted by klee > 2 months ago | Report Abuse

HOOT9E

Posted by lionel messi > 2 months ago | Report Abuse

You better believe it. As it rises, not many supply of sellers already.

klee

3,396 posts

Posted by klee > 2 months ago | Report Abuse

Yes.Pump n dump all the way to RM6.

Posted by lionel messi > 2 months ago | Report Abuse

Great for day trading. Sell when pump, buy back when dump. Beat them at their own game. Hehe.

ks55

4,100 posts

Posted by ks55 > 2 months ago | Report Abuse

Human vs machine.
You need to be very patient to beat program buying and selling.
Mark your long term TP, just set your selling (or buying) price, let others using AI to help you achieve your order.

Goldberg

2,918 posts

Posted by Goldberg > 2 months ago | Report Abuse

Folks, to make money in stocks, you need to have vision to see them, courage to buy them & patience to hold them.

But sadly patience is the rarest of the three.

ks55

4,100 posts

Posted by ks55 > 2 months ago | Report Abuse

When you see money coming, you have the patience.
When you buy the share cheap, you have the patience.
When you know Crescendo is making 2 ringgit per share, you have the patience.
When you know Crescendo is going to give 30 sen dividend, you have the patience.
What more when you see your Crescendo becoming 3 for every share you hold, you are having extra patience.

ks55

4,100 posts

Posted by ks55 > 2 months ago | Report Abuse

I am very very patient to keep Crescendo to at least 6 ringgit.

Goldberg

2,918 posts

Posted by Goldberg > 2 months ago | Report Abuse

Well said Bro ks55.

Invest_888

1,060 posts

Posted by Invest_888 > 2 months ago | Report Abuse

If you see a great stock esp the steady uptrend one, but some persons keep on giving negative comments just ignore it. If you follow negative persons, you won't earn money in the stock market even in the Malaysia bull market starts from this Jan2024.

Posted by lionel messi > 1 month ago | Report Abuse

Don't mind Davelnvest. His intentions are noble. But I wouldn't be too preoccupied with price numbers, support or resistance. Too random. Nothing to analyze. Just like buying toto or lottery. Pure luck. Never liked technical analysis. Too mumbo jumbo and frivolous exercise for me. Just let fundamentals and market forces take its course. Investors will know when to buy or sell according to their risk appetite. No regrets. It's their hard earned money. Don't need lines and dots on charts to guide them. It's like seeking fortune teller or feng sui master to show you the way. Fake. Just make your best educated decisions. Chill brothers.

klee

3,396 posts

Posted by klee > 1 month ago | Report Abuse

it is ok,the more 'negative' dave gets,the more i earn...lol

Posted by lionel messi > 1 month ago | Report Abuse

Davelnvest is not negative, just too cautious I feel. It's good to be careful and prudent with dodgy, speculative, poor fundamentals and over priced stocks but for deep value stock like this, one must be brave and take full advantage as it does not come very often. Make hay while the sun shines. Cheers.

klee

3,396 posts

Posted by klee > 1 month ago | Report Abuse

5 by fri

klee

3,396 posts

Posted by klee > 1 month ago | Report Abuse

Dave,you meant well.But if you are not well versed with TA,better keep quiet.Do you know what is the implication when a stock breaks all time highs consecutively,?Obviously you have no clue.

klee

3,396 posts

Posted by klee > 1 month ago | Report Abuse

ks55 congrats..

ks55

4,100 posts

Posted by ks55 > 1 month ago | Report Abuse

TQ. I make it big in Crescendo. Sold a bit. Still have very substantial number of shares. Parking at 10 sen interval all the way to 5.49 today.

ks55

4,100 posts

Posted by ks55 > 1 month ago | Report Abuse

At the rate I am selling, I can sell up to 9 ringgit.

klee

3,396 posts

Posted by klee > 1 month ago | Report Abuse

Nta Rm4.36
free float only 18% (50 mil shares)
2529 acres of prime land in johor

klee

3,396 posts

Posted by klee > 1 month ago | Report Abuse

yes ks55,9 is possible even if we value the land very very coservatively at rm1 mil per acre

klee

3,396 posts

Posted by klee > 1 month ago | Report Abuse

PETALING JAYA: Crescendo Corp Bhd (CCB) is disposing of a 20.463 acre plot of vacant industrial land in Johor Baru to Digital Halo Pte Ltd for RM115.88mil.In a filing with Bursa Malaysia, CCB said the proceeds from the land disposal will be for working capital purposes and to fund ongoing projects.

klee

3,396 posts

Posted by klee > 1 month ago | Report Abuse

the above piece fetched 5.7 mil per acre ....

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

will break rm5 in near term..

ks55

4,100 posts

Posted by ks55 > 1 month ago | Report Abuse

Looking at the way sellers parking to sell, seems that there are not many free float shares available in the market now. In other words, Crescendo may have been cornered. It is up to the operator to dictate final price as he wishes, may be 10 ringgit, 15 ringgit or even 20 ringgit. This is the characteristic price pattern for a cornered counter.

winston1

529 posts

Posted by winston1 > 1 month ago | Report Abuse

It will soon break 5 preceding towards 6. Better get on the bandwagon soon.

klee

3,396 posts

Posted by klee > 1 month ago | Report Abuse

Best will be management announcing a land revaluation exercise.The revaluation surplus will be jaw dropping.

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