Posted by Invest_888 > 1 week ago | Report Abuse

Just now dropped to RM3.70 which is good price for buying. Yet, too late to grab it.

Posted by ConstructionMinion > 1 week ago | Report Abuse

crash

Posted by DaveInvest > 1 week ago | Report Abuse

I wanted to say “I told u so” but it’s not really the case this time
It’s a dip as the big player leave the game after get dividend and dump their stocks. however since market looking not too bad now, the dip wasn’t as severe the previous round of 3.93. Which dipped more than 30 cent.
Well not sure about Monday tho.

I tink the everyone here knows the company is trading at a huge stock price discount, that is for sure. However it’s an undeniable truth that majority of stocks is in the hands of few. Making it having the potential of being extremely volatile. Just look at the trading volume each day, yesterday when it rise to 3.9 it’s trading more than 1 million, today is only 1/3 of the volume .
The counter may not be as active if without catalyst and stimuli even if it’s a discount counter.

Again I’m not saying it’s a bad counter, it’s a really good one, just try to be careful not to be carried away when there is extreme fast paced price hike as behind it could be someone purposely jacking up the price , sell then get the cash and target next other counter. I tink we all know there is such player/investment bodies around.

Just relax okay 👌🏻

Posted by Michael Kwok > 1 week ago | Report Abuse

Cresndo 3.77
If 3.40 no break,possible 4.20 above.many say rm 4.
28/4/24 5.36pm
**Join me as follower or paid(to guide buy and sell).

Posted by Invest_888 > 1 week ago | Report Abuse

Cresndo 3.77

Cresndo is still on uptrend state. Just observed before dividend payout of 18cent, the price was RM3.51 on 23Apr. On dividend payout day, 24Apr the share price was RM3.61. After dividend payout, on 25Apr, the price went up RM3.88 with high volume of 1.426Million share. If got big players really want to dump this stock, it wouldn't close at RM3.88 instead should close below RM3.61 on 25Apr. On 26APR, share price dropped to RM3.77 with volume @ 564K which is only 39.6% of 1.426Million. As such, this stock is under healthy correction or washing out those weak holder. If it drops below RM3.61, it is possible the bankers want to move to another counter.

Posted by DaveInvest > 1 week ago | Report Abuse

@ Invest_888

I agree with you on most part especially about the market enter correction/adjustment period after the sharp hike , where it dropped but not as much. If based on the previous 3.93 hike, it didn’t dip the very same day too, it dipped after 10/11am the next day, similar pattern.

I discussed this with my investment manager, he ask me to me really careful about it, he say it does looks like the works of big player jacking up and dumping stocks but it didn’t drop as much as the fundamentals supported it(I followed be tracker whole day and the dealings look exactly like the pattern during 3.93 previously)
and also the market is quite strong in general unlike the times during 3.93 which gave me a painful lesson. Or it could be some big player or one of the director making some small coffee water money? Or they wanted to stimulate the market after the -18 cent, while earning some pocket change, then let it drop back abit but not as much? Can only speculate 🤷🏼‍♂️ no idea, just being careful, learned hard lesson that this counter is not all sunshine and UP UP UP despite all the discounts and good news, very susceptible to manipulation.

I do tink the price might hold around this price for now, as the share is really good and have >rm4 potential, and very likely with some catalyst in future it will break 4.2. However while waiting for catalyst (nobody knows when it’s gonna be, maybe some short term investor will move to a different counter for now ,
All I’m saying is just know our goals and trade carefully, don’t let all the hypes get to us easily and make hotheaded rash decision. just my humble opinion.

Posted by Bullstocks888 > 6 days ago | Report Abuse

Cresndo - Severely undervalued stock with all-time high earnings, upside potential. Accumulate. Next resistance R1 at RM4.80, followed by R2 at RM5.20.

Cresndo has strong catalysts from strong earnings momentum (record high GDV of RM1.2 billion), strong cash flow (land sales RM0.6 billion) and special dividend payout. The company is leveraging on data center boom in Johor, and new venture into high-rise luxury condominium near JB-Singapore RTS.

Posted by Goldberg > 6 days ago | Report Abuse

In a few days time Crescendo will receive another rm 111 million. Just based on profits from 3 land sales, Crescendo Q1 FY25 will make at least rm 335 million after tax or rm 1.15 per share for the First Quarter FY25. ( announcement due in late June) More special dividends may be in the offing or even a bonus issue.

I feel the above developments will be a powerful catalyst for Crescendo to surge past RM4.80. In the meantime I expected Crescendo to trade in a range of 3.50-3.80 level.

Be patient folks.

Posted by DaveInvest > 6 days ago | Report Abuse

@Goldberg

Yep I agree with u, very good company , I don’t tink it will drop below 3.5 for now, and will trade within 3.5-3.8 for now. Might have steady decline in trading value while waiting for next catalyst, just like how it is now, maybe some are selling Crescendo to buy YTL? 😂

Posted by Goldberg > 6 days ago | Report Abuse

I don't blame them Dave YTL is arguably the best stock to buy and keep. However its good to diversify ones portfolio in to good well run and good divvy stocks like Crescendo.

Posted by DaveInvest > 6 days ago | Report Abuse

@Goldberg

Yep, diverse portfolio is very importent to minimize risk. Buy YTL and gain some profit while waiting next catalyst from crescendo which might take time, as I tink their housing project need time for revenue report to come in as well. As for those dividends they usually do it end of the year also. Ample time to plan.

Posted by Goldberg > 6 days ago | Report Abuse

Well said Dave - totally agree with you.

Posted by Invest_888 > 6 days ago | Report Abuse

If portfolio balancing is important you should seriously consider buy good stock. I prefer Poh Kong due to high inventory and expected its best ever QR. Around 2/3 weeks, Tomei QR should be out and great result is expected and result in higher share price for both Tomei and Poh KOng. Gold hedge against uncertainty esp wars, inflation and devaluation in currency.
Definitely, I am keep holding YTLP stock.
Cresndo is also a great stock as well esp the GOOI family is famous in sharing profit. Just look at "Kimloong" i.e. high dividend payout, free warrant and free bonus share, proven record from year of 2005 until now.

Posted by DaveInvest > 6 days ago | Report Abuse

@Invest_888



Totally agreed. As u said, PohKong is a good choice for gold, and Gooi family have excellent record in sharing profits unlike some other company

gold price is quite lucrative for now and in near future, quite resistant to any calamity actually, diversify Some in property, gold, oil, energy, consumable, tech, and medical would be good.

Posted by Bullstocks888 > 5 days ago | Report Abuse

Microsoft had committed $13.5 billion as of June 30 for construction of new buildings and improvements, mostly for data centers to support cloud and AI growth, according to the company's annual report.

The company this month revealed plans to invest $3.2 billion to expand its cloud and AI networks in Australia over the next two years, according to Bloomberg News. nincludes development of nine data centers that would boost the company's total number of facilities on the continent to 29.

Posted by Bullstocks888 > 5 days ago | Report Abuse

Microsoft has 29 data centers in Australia.

Microsoft signed 2 land acquisitions with Crescendo in last 5 months. Guess who Microsoft will go to if it needs more lands to build more data centers?

Posted by DaveInvest > 5 days ago | Report Abuse

@Bullstocks888

Yep agree with u, somemore there should be leftover land nearby where they can lock more deals in, then they can centralize facilities and infrastructures, then the spillovers from the developments will raise the surrounding land value as well.
In an article somewhere, I believe I read that Crescendo have some say to those basic infra as well.

Posted by Invest_888 > 5 days ago | Report Abuse

Break RM3.61, not a good sign.

Posted by DaveInvest > 5 days ago | Report Abuse

@Invest_888

Yea, but market also not as fantastic like the other day. I hope it won’t drop past 3.5 , just now I watched the trend, yesterday there is a player with substantial amount of stock dumped them near 3.7 price point, today similarity at around 3.6x price point. Below what the market is calling for at that point for fast sale.

Anyway This counter is known to goes to sleep and wake up fierce 😂
Can only speculate … speculate … anyway the fundamentals should support it next time it goes out of hiatus , not too much worry here

Posted by DaveInvest > 3 days ago | Report Abuse

lol almost half an hour passed by and no deals made yet on this stock, I guess this stock really went into sleep mode already . Which is a good time to buy at discounted price 3.4-3.7 l(IMO) and keep, since there is still huge chunk of cash from land sale and upcoming project near RTS . Surely in a few month when the reports are out, it’s gonna fly sky high again

Posted by Bullstocks888 > 3 days ago | Report Abuse

Microsoft to invest $1.7 billion into AI infrastructure in Indonesia, CEO Satya Nadella says.

Malaysia next?

Posted by Bullstocks888 > 3 days ago | Report Abuse

@DaveInvest, Crescendo still have over 500 acres of industrial land bank in Johor. Special dividends soon! Be patient. Profit taking is normal. Will fly after that

Posted by DaveInvest > 1 day ago | Report Abuse

@Bullstocks888

Yep agree with u, somemore there should be leftover land nearby where they can lock more deals in, then they can centralize facilities and infrastructures, then the spillovers from the developments will raise the surrounding land value as well.
In an article somewhere, I believe I read that Crescendo have some say to those basic infra as well.

Posted by DaveInvest > 3 days ago | Report Abuse

@Bullstocks888

Yea agree with u, I guess many saw the potential and good price to buy now, so much buyer now at the current price and so little seller , I guess this is really weeding out shareholder with less holding power, and there are many who saw the potential and continuously absorbing at current price

Posted by newuser999 > 3 days ago | Report Abuse

Microsoft to invest RM10.5bil in Malaysia, says Miti
https://www.freemalaysiatoday.com/category/nation/2024/05/02/microsoft-to-invest-rm10-5bil-in-malaysia-says-miti/

Posted by soon9913 > 3 days ago | Report Abuse

ya lo Microsoft plans to invest RM10.5b on the land that crescendo sold to them.. it will benefits the company in long run also, imagine the value of the unsold lands

Posted by DaveInvest > 3 days ago | Report Abuse

Absorb ! So good the price now

Posted by ConstructionMinion > 3 days ago | Report Abuse

But share price drop 3%. Must be invest elsewhere

Posted by ConstructionMinion > 3 days ago | Report Abuse

Nusajaya tech park paragon globe and uem sunrise

Posted by soon9913 > 3 days ago | Report Abuse

microsoft ady bought land from this counter la apa .. haha

Posted by ConstructionMinion > 3 days ago | Report Abuse

Can invest this money on other land and leave this one empty. Microsoft can invest RM0.75 billion here and RM9.75 billion elsewhere. On UEM Sunrise land beside GDS too

Posted by DaveInvest > 3 days ago | Report Abuse

Whatever it is, time will tell.
Anyway it’s a rather safe counter, since there is still balance cash money from land sale , and upcoming projects, so the dividend etc year end gonna look good, similar to the one announced in March . So get at good low price(instead of last minute only go in), hold , wait for it to fly again.

Posted by Invest_888 > 3 days ago | Report Abuse

Since dropped below RM3.61, this counter need some days to stabilize, maybe it will be a good price for buying.

Posted by newuser999 > 3 days ago | Report Abuse

current roadblock at 3.50 and 3.60. Most transaction today at 3.48.

Posted by ConstructionMinion > 3 days ago | Report Abuse

Ok, I will buy some

Posted by ConstructionMinion > 3 days ago | Report Abuse

Those with 3 mil Cresendo shares will cry today

Posted by DaveInvest > 3 days ago | Report Abuse

Not if they bought it cheap before 😂 maybe those that keep selling out one is they bought around this price before ? 🤷🏼‍♂️
Or they cannot wait for year end fly again , weaker holding power .
In my opinion if u bought it at 3.5 or above, instead of sell and making a loss, just hold until next dividend time, sure go up again . You can regret once but don’t regret twice.

Posted by soon9913 > 2 days ago | Report Abuse

keep until next year price may double again.... they will launch project next to RTS station

Posted by Invest_888 > 2 days ago | Report Abuse

The GDV project that next to RTS station is very important. How about the profit after tax?

Posted by soon9913 > 15 hours ago | Report Abuse

U got to ask yourself whether many vacant lands surrounded RTS? And whether buyers willing to pay high price to own units at that area that walking distance to RTS

Posted by soon9913 > 15 hours ago | Report Abuse

If demand and selling price is not issue, profit will not be issue also.

Posted by silentWolf > 14 hours ago | Report Abuse

drop with low vol..flush out weak holder? sold half 3.8x area..wait to buy back at 3.2x area..posible?

Posted by Invest_888 > 4 hours ago | Report Abuse

Drops to 3.2 is possible if current trend still going on.

Posted by calvintaneng > 1 hour ago | Report Abuse

TSH RESOURCES VERSUS UEMS, KSL & CRESCENDO, Compare & Contrast Their ASSETS VALUE & Potential, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-06-story-h-181959240-TSH_RESOURCES_VERSUS_UEMS_KSL_CRESCENDO_Compare_Contrast_Their_ASSETS_V