KLSE (MYR): CRESBLD (8591)
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Last Price
0.635
Today's Change
+0.02 (3.25%)
Day's Change
0.61 - 0.635
Trading Volume
27,200
A price target is an analyst's projection of a share's future price.
Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.
Last Price
0.635
Avg Target Price
0.72
Upside/Downside
+0.085 (13.39%)Price Call
0
SELL
0
HOLD
2
BUY
Date | Open Price | Target Price | Upside/Downside | Price Call | Firm | View | Action |
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If the latitude project is cancelled (which may not be a bad thing since the market is so soft right now) the key point would be the amount of compensation that would be paid out to Crest Builder. With the Prasarana chairman Tajuddin conflict of interest and MACC's potential investigation into this, it may be difficult for Crest Builder to get a good compensation for the cancellation.
2021-03-10 12:57
this type of economy, and comparing with other construction counters, i would not expect the quarter to be good. maybe borderline loss.
2021-05-21 09:40
My mind tell me not to touch construction but my eyes see depressed prices, took the plunge today for better or worst
2021-07-09 00:17
We are getting pulse after a heart attack. Infusing oxygen to stabilize patient
2021-07-21 11:41
but this is the support, defibrillator highest voltage, its now or never
2021-07-23 18:30
Undervalued bro. Look at their performance pre-covid.
Covid won't last forever. And best way to stimulate economy is still to build build build
2021-08-09 17:42
despite company losing money, the management reward themselves with bonuses. best nia ini.
2022-07-28 12:18
the family announce intention to trade! perhaps got new project coming?
2022-08-11 10:11
One recent interview on BFM. Positive assurance to be back on black this year.
https://www.bfm.my/podcast/morning-run/the-breakfast-grille/crest-builder-construction-property-developer-margins-fixed-contracts
2023-05-02 07:49
Don’t believe too much this fellow said in interview. You can check the last time what he said during previous interview & check what happened after that.
2023-05-02 08:25
Tajuddin Pasir Salak is out of UMNO & this company is also down as a contractor. Chinese family company. Used to get government jobs. NAPS has declined by 33% since 2020. Podcast in May 2023, now still losses.
2023-12-14 21:33
Crest Builders had a terrible decade with declining top line, bottom line and returns. From 2012 to 2018, the Group achieved an average ROE of 8%. From 2020 to 2023, the average ROE had declined to negative 11%.
https://i.postimg.cc/4NkPc3q8/Chart-1.png
This is obviously a company facing a turn around. The good signs are that its construction arm has a RM 2.2 billion order book as of 2022 and its property development arm has RM 2.2 billion gross development value of projects. And it is fianancial ok.
Its current losses are due to legacy projects and I think that it may take another 2 to 3 years to completely clean them. So while it is currently trading at less than half its book value, you will have to wait for the market to re-rate it.
For more insights refer to Is Crest Builder a value trap? https://www.youtube.com/watch?v=Jcw2GnCPXqY
2024-05-10 14:10
tjengchen
Need to wait and see
2020-06-25 09:21