Crest Builder started as a small construction outfit in 1983 with less than 10 staff by the late Yong Soon Chow. Today it is a large builder and property developer with more than 300 staffs.
Total contract wins for 2018 reaching RM596.1 million with the total outstanding orderbook about RM1.3billion as at 31/3/2018, which will last until 2021.
Declared first and final single tier dividend of 4.00 sen per ordinary shares, ex-date: 11/7/2018, which translates into a yield of approximately 4.5%.
Major shareholder holding 30% above shares. This stock won't move unless shareholder want it to. Basically your money will stuck for few months here like i do. Do not buy unless you are long term investor (Super Long Term).
with raw materials like sands bricks etc etc being exempted from sst.. this is a positive catalyst to the construction sector like cresbld. the quiet gem
Cresbld has strong consistent earnings at low P/E, deep discount to NTA, pays reasonable dividend annually. Currently it is trading at near its 52 weeks low. Why? It has a fckking weak shareholder in Koperasi Felda who is desperately in need of cash.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sleepingtiger
154 posts
Posted by sleepingtiger > 2018-03-21 11:46 | Report Abuse
Genarally both internal and external poilitical situations are not faworable for market to run.
Time to slowly accumulate at this depressed price and phase out the weak hoders\punters before it can blossom.