Posted by Unbeatable Nick > 2015-03-28 10:40 | Report Abuse

what's the purpose of rationalization?

Posted by RobbinBuffet > 2015-03-28 12:49 | Report Abuse

KUALA LUMPUR: Crest Builder Holdings Bhd managing director Yong Soon Chow and his family have rationalised their interests in the construction company by transfering 58.97 million shares, or 35.73%, in an off-market deal.

Crest Builder said yesterday that the rationalisation of the shares to SC Yong Holdings Sdn Bhd, which is the Yong family’s investment holding company, would see the latter’s stake increase from zero to 35.73%.

Yong is the single largest shareholder with 47.5 million shares or 28.79%. Yong also has a deemed interest in a further 11.47 million shares or 6.9% stake.

Apart from Yong, the other parties involved in the rationalisation are executive directors Koh Hua Lan, Yong Shang Ming and Yong Tiok Keng.

However, SC Yong Holdings will not have to undertake a mandatory offer for the remaining shares and warrants which it does not hold.

Yesterday, shares totalling 58.97 million were transacted in an off-market deal at an average RM1.18 each.

Stock market data showed the shares accounted for 35.97% of the paid-up capital of the construction company’s 163.90 million shares.

Posted by Unbeatable Nick > 2015-03-29 23:46 | Report Abuse

early privatisation hint?

Posted by hng33 > 2015-04-16 10:33 | Report Abuse

Bought Cresbld at 1.18

Posted by Icon8888 > 2015-04-16 10:36 | Report Abuse

won't privatize

they need funds to ficus on developing their TOD project at dang wangi

this stock has potential

Posted by hng33 > 2015-05-05 17:45 | Report Abuse

bought more crestbld at 1.18 + Warrant at 15.5sen

Posted by hng33 > 2015-05-12 21:50 | Report Abuse

Bought more cresbld at 1.17

Posted by Eelyn Soon > 2015-05-13 22:28 | Report Abuse

hi, r u hng from horse blog?

Posted by Eelyn Soon > 2015-05-13 22:32 | Report Abuse

do u intend to convert cresbld wb to mom?

Posted by hng33 > 2015-05-14 14:24 | Report Abuse

Evelyn Soon

Yes, long time no visit horse blog alrdy.....will update horse blog later.

Posted by hng33 > 2015-05-14 14:30 | Report Abuse

Cresbld upcoming q1 result is important to better justify its sustainable earning, especially to see whether high margin earning from uitapah uitapah concession is materialize, and ability of cresbld to realize higher margin from its latest GDV 300m sanjung apartment in batu 3.

Posted by hng33 > 2015-05-14 14:32 | Report Abuse

If wb gap price continue widen compared to its underlying share, I may want to opt for conversion and to entitle its upcoming dividend 3.75sen

Posted by Eelyn Soon > 2015-05-15 09:57 | Report Abuse

hi hng.. its good to see u again.. its been like a while.. will continue to follow ur posts here... :)

Posted by Eelyn Soon > 2015-05-20 20:48 | Report Abuse

cresbld showing good results ... tomolo ichiban?

Posted by Sebastian Sted Power > 2015-05-21 10:03 | Report Abuse

seem like no power

Posted by Sebastian Sted Power > 2015-05-21 10:03 | Report Abuse

crest is my new target

Posted by speakup > 2015-05-21 10:09 | Report Abuse

PE 10

Posted by Sebastian Sted Power > 2015-05-21 10:09 | Report Abuse

buy more if you can.. hahahha...

Posted by hng33 > 2015-05-21 10:19 | Report Abuse

Sustainable result and just need to wait few more days, investor will be rewarded by 3.75 sen dividend

Posted by hng33 > 2015-05-21 10:29 | Report Abuse

Cresbld UITM concession is high margin and sustainable earning , ensure steady profit over the next 23 year.

Posted by hng33 > 2015-05-27 16:12 | Report Abuse

Bought more crestbld at 1.16-1.17, awaiting for its dividend of 3.75sen to be declare soon

Posted by hng33 > 2015-05-27 16:30 | Report Abuse

Continue accumulating more crestbld at 1.16

Posted by hng33 > 2015-06-15 12:35 | Report Abuse

Sold Cresbld at 1.13-1.14, cut loss, free up capital to swap back capital for Puncak

Posted by Sebastian Sted Power > 2015-06-15 16:11 | Report Abuse

3.75% dividen not bad

Posted by FLINV > 2015-06-23 00:51 | Report Abuse

Anyone plan to go it comming AGM ?

Posted by miao0286 > 2015-09-02 15:33 | Report Abuse

their managing director passed away...

Posted by kakashit > 2015-10-12 22:25 | Report Abuse

Nowadays every constructor also wn to build a mall beside a MRT station.

By that time, every stop has a mall.

But the prob, how much do u expect a person who takes public transport will spend inside a mall?

There are only two type of person, one is rich but hv no time, i.e. lawyers doctor accountants engineers

another is blue collars, got alot time, after work then go fishing, look at the blue sky, watch dramas

and one more type lagi cham, retired old men, no where to go but dun wn to go old folks home.

So they will go visit ur mall and consume ur aircond all day long, maybe dabao chat time to quench thirst.

Sorry, no money for starbucks

Posted by watchful2 > 2015-12-22 17:49 | Report Abuse

The fundamental is strong with the management constantly buys back the shares. But the share price is still stagnant?

Posted by quest > 2016-01-29 23:12 | Report Abuse

NAB at RM2.20 but traded at 97sen. Very promising but boring stock.

Posted by quest > 2016-02-19 22:24 | Report Abuse

What's with the constant share buy back these few months. Should we consider it a good or bad sign?

Posted by stockstrader88 > 2016-02-20 23:06 | Report Abuse

Crest123, what makes you think that the pending results will be better one? What makes you foresee extra profits recognized this quarter while there isn't any new contract win or new project launches unless the concession or rental income can increase drastically. All the sizeable projects mentioned before seem have been delayed as there isn't any sound anymore. If the results can beat 3Q15 then of course I am confident that it can be pushed up to > RM1 easily since the volume is so thin.

Posted by stockstrader88 > 2016-02-22 13:19 | Report Abuse

Trading interest towards this company has been draining. Better flee unless you are very confident that the results will be good.

Posted by hng33 > 2016-02-22 16:32 | Report Abuse

Bought crest at 93.5sen

Posted by stockstrader88 > 2016-02-23 23:10 | Report Abuse

Might go down more. Collect later.

Posted by quest > 2016-02-24 10:06 | Report Abuse

90sen coming..

Posted by stockstrader88 > 2016-02-24 12:56 | Report Abuse

0.80 also possible, depending on the situation. Don't go against the wind. Watch for the results first.

Posted by hng33 > 2016-02-24 15:27 | Report Abuse

Bought crest at 90-90.5sen

Posted by FLINV > 2016-02-24 16:31 | Report Abuse

This counter continue drop bit by bit from 1.5x till now 0.90. Still got hope ?

Posted by Jolin Lai Chi Pet > 2016-02-25 07:48 | Report Abuse

should rebound today............... maybe 95cts

Posted by stockstrader88 > 2016-02-25 08:53 | Report Abuse

Seems like valuation is more fair at 0.88-0.90 but lack of catalyst at this moment. Coming QE will be the key to re-access the position of this company. Only promote or push if results is good. Else no point wasting ur efforts.

Posted by hng33 > 2016-02-25 10:04 | Report Abuse

Bought more crest at 90sen

Posted by hng33 > 2016-02-25 20:46 | Report Abuse

Crest share buyback to support also

Posted by stockstrader88 > 2016-02-25 21:42 | Report Abuse

The buyback in small amount can't sustain if investors continue to dispose heavily via open market

Posted by stockstrader88 > 2016-02-26 08:29 | Report Abuse

Let me explain why I keep highlighting on the coming results performance. First, please adknowlege that the recent sell down is due to poor sentiment of stocks market as a whole as well as poor prospect of the sector itself. The quality of the new leadership is also in focus followed by the changes in 3Q15.

Now, the trading trend is quite similar to trading trend in 2013. However, the stocks price has rebounded strongly after Feb 13 due to impressive 4Q12 results.

Let's judge on the results probably to be released this afternoon then we will determine whether to go in again.

Posted by hng33 > 2016-02-26 16:44 | Report Abuse

Bought more crest at 90sen

Posted by Jolin Lai Chi Pet > 2016-02-26 18:26 | Report Abuse

trouble on next week......................cut loss?? ok or not?

Posted by hng33 > 2016-02-26 19:10 | Report Abuse

Incur loss due to provision in receiveable, but proposed higher dividend 4 sen.

Depend on market response, may need cut loss first and buyback later

Posted by Jolin Lai Chi Pet > 2016-02-29 08:02 | Report Abuse

should be at 87cents on today..................................

Posted by hng33 > 2016-02-29 15:39 | Report Abuse

Sold back all crest at 89.5sen, cut loss, free up capital

Posted by KG1967 > 2016-03-22 08:11 | Report Abuse

buy 100 lots to support