CRESCENDO CORPORATION BHD

KLSE (MYR): CRESNDO (6718)

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Last Price

1.32

Today's Change

0.00 (0.00%)

Day's Change

1.31 - 1.34

Trading Volume

746,800


2 people like this.

647 comment(s). Last comment by ks55 13 hours ago

Brev10

4 posts

Posted by Brev10 > 2024-08-15 14:22 | Report Abuse

May I ask has the price bottom-ed already?
If yes then maybe I want to start buy in to prepare for the next price hike coming expected good quarter

calvintaneng

56,603 posts

Posted by calvintaneng > 2024-08-16 08:40 | Report Abuse

RISE OF DIESEL PRICE BY 52% CAUSED PROPERTY, CONSTRUCTION AND OTHERS CUT INTO THEIR PROFITS, BETTER BUY EAST MALAYSIA OIL PALM STOCKS DUE TO NO DIESEL PRICE SPIKE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-16-story-h-154165970-RISE_OF_DIESEL_PRICE_BY_52_CAUSED_PROPERTY_CONSTRUCTION_AND_OTHERS_CUT_

Brev10

4 posts

Posted by Brev10 > 2024-08-16 09:24 | Report Abuse

Ok Lionel, thanks. Today went up abit, maybe I wait awhile more.

Brev10

4 posts

Posted by Brev10 > 2024-08-16 16:56 | Report Abuse

Ok! Thanks! I bought some on and off, just thinking to grab more at bottom .

ks55

4,242 posts

Posted by ks55 > 2024-08-20 06:47 | Report Abuse

Oasis Residence opposite to condo project by Crescendo is selling at RM 980 - RM 1,630 per sq ft.

https://www.propertyguru.com.my/condo/oasis-hitown-johor-bahru-city-center-14407

Luen07

91 posts

Posted by Luen07 > 2024-08-20 16:29 | Report Abuse

赚大钱的公司,每天都是开高走低。

Diamond7

2,374 posts

Posted by Diamond7 > 2024-08-20 20:23 | Report Abuse

On behalf of the Board, UOBKH wishes to announce that Bursa Securities has, vide its letter dated 20 August 2024, resolved to approve the following:-



Proposed Share Split; and
listing of and quotation for such number of new CCB Shares, representing up to 10% of the total number of issued shares of CCB, to be issued pursuant to the Proposed ESOS.

ks55

4,242 posts

Posted by ks55 > 2024-08-21 08:54 | Report Abuse

Just need to wait for EGM , then within next month will see the final approval from Bursa. Thence is the new shares listing and trading. Very happy to see your money grow with Crescendo!

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3474975

ks55

4,242 posts

Posted by ks55 > 2024-08-21 22:23 | Report Abuse

EGM on 6 Sept. So share split will complete by Sept, and new shares will be listed for trading by Sept.

We are also expecting special dividend of 30 sen when Crescendo announce its latest QR by 28 next month..

All are happy to make windfall profit.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=28335&name=EA_GM_ATTACHMENTS

Brev10

4 posts

Posted by Brev10 > 2024-08-23 10:33 | Report Abuse

Yay the price drop again 😀
Time to start use the rest of my bullets gradually

Diamond7

2,374 posts

Posted by Diamond7 > 2 months ago | Report Abuse

AGM on 6/9/24
Hopefully share split will be announced one week after AGM

Diamond7

2,374 posts

Posted by Diamond7 > 2 months ago | Report Abuse

Hopefully will announce special dividend in September quarterly report....

Posted by amirsyam1001 > 2 months ago | Report Abuse

what Happened to the stock?

ks55

4,242 posts

Posted by ks55 > 2 months ago | Report Abuse

6 Sept EGM - Approval
9 Sept send to Bursa for final approval for listing
12 Sept Bursa grant approval
23 Sept completion of share split
25 Sept New share ready for trading
28 Sept Q2 result out - expect to make 80 sen per share or more, announce special dividend

Up to you to buy more. I have reached my maximum quota for Crescendo. Even though I know it will perform, but I prefer to spread my risk.

ks55

4,242 posts

Posted by ks55 > 2 months ago | Report Abuse

Please be prudent. No OPM.

calvintaneng

56,603 posts

Posted by calvintaneng > 2 months ago | Report Abuse

Will moderate by rise of 5% to 30% construction cost due to 52% diesel price rise
Will moderate by rise of 5% to 30% construction cost due to 52% diesel price rise

So hng33

DUFU better option

DUFU (7233) OVERSOLD & TOP REASONS WHY IT HAS THE MOST POTENTIAL NOW FOR UPSIDE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-30-story-h-153147341-DUFU_7233_OVERSOLD_TOP_REASONS_WHY_IT_HAS_THE_MOST_POTENTIAL_NOW_FOR_UP



DUFU better option

DUFU (7233) OVERSOLD & TOP REASONS WHY IT HAS THE MOST POTENTIAL NOW FOR UPSIDE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-30-story-h-153147341-DUFU_7233_OVERSOLD_TOP_REASONS_WHY_IT_HAS_THE_MOST_POTENTIAL_NOW_FOR_UP

ks55

4,242 posts

Posted by ks55 > 2 months ago | Report Abuse

EGM this Friday

Diamond7

2,374 posts

Posted by Diamond7 > 2 months ago | Report Abuse

Brakes....out of order!
Cheers!

mf

29,189 posts

Posted by mf > 2 months ago | Report Abuse

Dow Jones

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ks55

4,242 posts

Posted by ks55 > 2 months ago | Report Abuse

6 Sept EGM - Approval
9 Sept send to Bursa for final approval for listing
12 Sept Bursa grant approval
23 Sept completion of share split
25 Sept New share ready for trading
28 Sept Q2 result out - expect to make 80 sen per share or more, announce special dividend

ks55

4,242 posts

Posted by ks55 > 2 months ago | Report Abuse

EGM today approved all resolutions including share split and land sale to Digital Halo for rm 115.9 million. Estimated gain from this disposal is rm 72 million or 25 sen a share, to be completed by Oct 2024. Profit will be reflected in Q3 result ending 31 Oct 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3481745

On behalf of the Board, UOBKH wishes to announce that the Conditions Precedent set out in the SPA have been duly fulfilled. Accordingly, the SPA has become unconditional in accordance with its terms and conditions on 6 September 2024.

ks55

4,242 posts

Posted by ks55 > 2 months ago | Report Abuse

Share split 3:1
Ex date 24 Sept (Tuesday)
Cum date 23 Sept (Monday)
Listing date 26 Sept (Thursday)

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482477

ks55

4,242 posts

Posted by ks55 > 2 months ago | Report Abuse

27 Sept or 30 Sept, announce Q2 result, most likely declare special dividend 10 sen for each share after split.

ks55

4,242 posts

Posted by ks55 > 2 months ago | Report Abuse

Can sit down and wait for durian runtuh.

mf

29,189 posts

Posted by mf > 2 months ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

40,587.56

-242.03

0.59%

Diamond7

2,374 posts

Posted by Diamond7 > 2 months ago | Report Abuse

Share split
One into three!
24 th September Tuesday!!!

Diamond7

2,374 posts

Posted by Diamond7 > 2 months ago | Report Abuse

Cresendo
Better move faster....
Go...go...go....

Otherwise can't touch RM6.00 by ex date!

Is there another catalyst coming?
Directors
Are you giving us ten cents dividend after share split...??????

ks55

4,242 posts

Posted by ks55 > 2 months ago | Report Abuse

Last 2 trading days before ex on Tuesday. Hopefully will breach 5 ringgit today, and move up more on Monday before ex.

ks55

4,242 posts

Posted by ks55 > 1 month ago | Report Abuse

Last call! Last call!
Tomorrow ex, no more entitle to free shares!

ks55

4,242 posts

Posted by ks55 > 1 month ago | Report Abuse

Yes. Should hold till 30 Sept to see latest QR and potential special dividend announcement.

Yezzy99108

408 posts

Posted by Yezzy99108 > 1 month ago | Report Abuse

Crescendo share price will face irratic & more downside now that share split will invite lots of traders & operator to pump n dump the stocks. Most stocks undergone such trend when NOSH become so affordable

ks55

4,242 posts

Posted by ks55 > 1 month ago | Report Abuse

Professionalism and efficiency of Crescendo Management again demonstrated in its share split exercise. Declared on 23 July, completion by 25 Sept. Check to see if your split shares already admitted to your accounts. For me, mine (in 2 accounts) already fully credited.

ks55

4,242 posts

Posted by ks55 > 1 month ago | Report Abuse

Just need to wait for next QR by tomorrow (latest by Monday) to see whether special dividend to be declared and what will be the amount.

Posted by newbie2024 > 1 month ago | Report Abuse

hi, anyone purchased via rakuten trade? after split, the stated purchase price was halved. shouldn't it be 1/3 of our pre-split purchased price?

Posted by newbie2024 > 1 month ago | Report Abuse

@lionel
thanks. called them up to look into it.

ks55

4,242 posts

Posted by ks55 > 1 month ago | Report Abuse

Move to HLIB. Reliable and trustworthy. Most important is wth Hong Leong Bank backing and transfer money out from your trading account is easy as ABC.

Abc 123

54 posts

Posted by Abc 123 > 1 month ago | Report Abuse

Good job.. 🚀🚀

ks55

4,242 posts

Posted by ks55 > 1 month ago | Report Abuse

Q2 makes 50.4 sen per share.
Total dividend 6 sen per share.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3487196

star899

519 posts

Posted by star899 > 1 month ago | Report Abuse

Split 1 share becomes 3
Split has been completed on 26-09-2024
Net profit 50.40 x 1/3 =16.80 sen
Dividend 6 x 1/3 = 2 sen
As per Bursa Announcement.

star899

519 posts

Posted by star899 > 1 month ago | Report Abuse

The above illustration will be per share basis.

star899

519 posts

Posted by star899 > 1 month ago | Report Abuse

Cresendo>Crescendo

star899

519 posts

Posted by star899 > 1 month ago | Report Abuse

Refer to the downloaded report above :
Additionally, Crescendo aims to launch a serviced apartment project near the "RTS TERMINAL" in Bukit Chagar in the second half of FY2025, featuring about 1,200 units with a gross development value of of RM1 billion.

star899

519 posts

Posted by star899 > 1 month ago | Report Abuse

Cresendo is a lucky company with visionary. The project nearby Singapore would be of great demand as it is situated close to the RTS TERMINAL, a connection between Johor Baru and Singapore.
By the time of the development would to begin, I hope Crescendo would reserve certain units for the Malaysians, otherwise the Singaporeans and other foreigners would rush to grab the units.
Those working in Singapore if could afford would definitely prefer to own the units as they would have the convenience to travel daily to and fro within a short distance and could avoid the traffic jams by taking the train to and back from Singapore.

star899

519 posts

Posted by star899 > 1 month ago | Report Abuse

I have never known that Crescendo also owns some valuable land near Bukit Chagar which is a short distance to Singapore until i notice it from the report.
Those lands would be much sought after and appreciate in value whether at present or in the future.

star899

519 posts

Posted by star899 > 1 month ago | Report Abuse

2024 , 2025 and beyond would be another bumper harvest years for Crescendo with abounding sales of valuable properties especially those are strategically located in the Southern Johor.
Just my opinion.

ks55

4,242 posts

Posted by ks55 > 1 month ago | Report Abuse

Q2 makes 50.4 sen per share based on 280,462,498 Shares as per 31 Jul.

Total dividend 6 sen per share to all 841,387,494 Subdivided Shares .

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3487196

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