soon9913

furthermore, pls expect some suppliers might buy land next time datacenter to provide their services and products ya.. RM120/ sqf is fair price

1 week ago

ks55

Finally rm 117 million received. Land sales to STT GDC completed today.


The Board of Directors of CCB wishes to announce that the Completion Date as defined in the SPA 1, being the date on which the Balance Purchase Price is paid to the Vendor’s Solicitor as stakeholder in full, is 15 April 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3438092

1 week ago

Goldberg

Wow Crescendo swimming in CASH.

1 week ago

ks55

Will receive another rm 111 million within April. All land disposal should complete by this month.

"The Board of Directors of CCB wishes to announce that its wholly-owned subsidiary, PID, as the Vendor, has on 15 November 2023 entered into a Conditional Sale and Purchase Agreement with Yu Ao Sdn. Bhd. (Registration No. 202301029352 (1523275-W), as the Purchaser, for the disposal of all those nine parcels of freehold vacant lands for a total cash consideration of RM110,997,982.50. "

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3399658

The Board of Directors of CCB 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 2 April 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3435719

1 week ago

newuser999

First disposal - RM 117 million
https://www.sinchew.com.my/news/20231107/finance/5110895

2nd disposal - RM 111 million
https://www.sinchew.com.my/news/20231115/finance/5127803

3rd disposal - RM 315 million
https://www.sinchew.com.my/news/20231117/finance/5132752

4th disposal - RM 132 million
https://theedgemalaysia.com/node/707039

1 week ago

ConstructionMinion

This boss support his share price well unlike uem sunrise and sp Setia

1 week ago

Goldberg

First disposal - RM 117 million

2nd disposal - RM 111 million

3rd disposal - RM 315 million

4th disposal - RM 132 million

TOTAL SALES of Land------- RM675 million.

1 week ago

soon9913

rm675m is from disposal of 1++ acres only, on hand still have prime lands 2400 acres 😄

1 week ago

soon9913

jjptr congras making more than 400%... my cost is much higher

1 week ago

soon9913

RM4 soon..

1 week ago

ConstructionMinion

What is the news

1 week ago

kyzertai

big dividen ex date approaching . that reason price up up up

1 week ago

Invest_888

Great movement.

1 week ago

ConstructionMinion

Rich boss got richer

1 week ago

turbochart

Should I cut gain 2k below 3.8?

1 week ago

Bullstocks888

Really genius deal! Crescendo still have 1,200 acres land at Bandar Cemerlang, Johor. This land is now comparable to YTLP's Kulai land. Its now worth RM6.3 billion, which is 6x the market cap of Crescendo!!

Posted by dragon328 > 6 days ago | Report Abuse

Of note is that Crescendo sold a piece of land of 23 acres in Johor to Microsoft Payments at RM120 pst, what a genius deal for Crescendo management!!

FYI, YTLP bought the 657ha Kulai land at just RM6.00 psf, which means the Kulai land has appreciated in value by 20 times in just 2 years!! It was valued at RM430m then but is now worth RM8.5 billion !!!

1 week ago

ks55

You should also peruse Analyst Briefing by Crescendo for better understanding of its Board Of Directors' business strategy, prospect and future direction of the company. And to compare with the AmRearch paper in 2013 (10 years ago) to see how things materialised gradually under able leadership of Crescendo.

I am very confident Crescendo should form major portion for your retirement planning.
It is safe, growing and rewarding under present able and credible leadership.

https://crescendo.com.my/core-files/uploads/2024/01/CCB_Analyst-Briefing-2024-Q3-31122023.pdf

1 week ago

ks55

Go and read up about AmResearch paper written in 2013 (10 years ago). It was a very well written high quality paper and still good today. Too bad after uploaded it here but was not able to get posted.

Click for the above paper if you are interested to find out more about Crescendo under heading CRESCENDO - I3investor.com dated 8 May 2013.


https://www.google.com/search?q=Crescendo+has+projects+with+GDV+of+RM1.2bil+in+the+pipeline&rlz=1C1CHZL_enMY839MY839&oq=Crescendo+has+projects+with+GDV+of+RM1.2bil+in+the+pipeline&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIKCAEQABiABBiiBDIKCAIQABiABBiiBDIKCAMQABiABBiiBDIKCAQQABiABBiiBDIKCAUQABiABBiiBDIGCAYQRRg80gEJMjU3NTVqMGo3qAIIsAIB&sourceid=chrome&ie=UTF-8

1 week ago

Sslee

It is more luck than anything else that the land is now many time more valuable due to high demand spill over from Singapore

1 week ago

ks55

18 sen dividend goes ex this Wednesday. Then Crescendo will receive rm 111 million from Chinese company by end of the week.

1 week ago

Goldberg

Crescendo - Hits Record High after Second Land Deal with Microsoft. More to come?

Compared to its current share price of RM3.70, Crescendo is trading at 25% discount to book value and 63% discount to RNAV ofRM10. (Including the total net gains of RM390m from all the 4 disposals, its book value will surge to RM4.90 per share).

What is the fair value for a premier developer of industrial property in Johor with huge undervalued landbank, consistent dividend payout of 50-60%, strong earnings visibility and a proxy to rising industrial land prices amid data centre boom and rising momentum in Iskandar Malaysia?


https://klse1.i3investor.com/blogs/bursachatgpt/2024-04-21-story-h-183...

1 week ago

Invest_888

Due to lower probability the war will be escalated between the Iran and Israel, property stock will recover esp Cresndo. Expect to go up next Monday and Tuesday. Next Wednesday 18 cent dividend payout.

1 week ago

soon9913

very likely next announcement will declare special div also.

6 days ago

investor77

After Ex Div of 18 cents, most likely will climb up again due to profit from land sales. From land sales, Eps may touch RM 1/ share, from Number of Share Holders of only 480 million !!

6 days ago

soon9913

current market value is RM1b, sold 125 acres land got back RM650m cash... bal 2400 acres prime land on hand.. how to count this.... huge cash on hand company, and got land very near walking distance to RTS ...... expected launching next year ..!!

5 days ago

Goldberg

Bro Paid up, of only 280 million not 480m shares.
-------------------------
Investor77 After Ex Div of 18 cents, most likely will climb up again due to profit from land sales. From land sales, Eps may touch RM 1/ share, from Number of Share Holders of only 480 million !!
22/04/2024 5:07 PM

5 days ago

investor77

Thanks Goldberg for correcting me. Wow, if only 280 million shares, sure easy to Fry up when there is good Catalyst !! Well aware of their land at Desa Cemerlang, and NCIP, has got tremendous potential. Many not aware of Crescendo as property developer as compared to Mah Sing, Matrix, SP Setia, UemS, etc. Coming Quarter result will sure surprise everyone !!

5 days ago

Invest_888

Bright future for this Cresndo as the director bought a lot of Cresndo share recently. Much higher chance to get another decent dividends this year.

4 days ago

turbochart

384 sold.small gain 3k

3 days ago

DaveInvest

Stock having obvious price gain today even it’s after ex-date, this looks like scenario from previously when it went 3.93 and took and huge dip after that. Some big players might be at work. Watch out bro , hitch the ride and get out, very bullish the stock now even if the PE ratio is good and is on discount mode.

Most property are in the red, and the war has been going on roller coaster so far, nobody knows how it’s gonna turn out exactly.

Just my 50 cent, I might be wrong tho, but never hurt to be too careful with hard earned money. Cheers 🍻

3 days ago

Eagle77

Might be huge profit taking after this very soon ⬇️⬇️⬇️🩸🩸🩸

3 days ago

Eagle77

If war getting worse no one want to buy land and the price will become zero ⬇️🩸nuclear war 💥💥💥

3 days ago

DaveInvest

Yea, nobody knows how war gonna turn up, those country have long history of feud and Unresolved sentiments. Although the effect to our local BME is not as much, but undeniably we have seen its effect.
I just saw the news about the nuclear as well, it’s doubtful and uncertain but can never be too careful.
Watch your back guys, history repeats , 3.9 fhen following day it dips , I hope I’m wrong though 🤨

3 days ago

Joseph3388

Hi all, what do you all think about the market today? My broker says that it is possibly the work of someone who holds big amount of share, after dividend the price went down, and to maximize profit he need to jack up the price to the price he bought before dividend. Then when many ppl join the wagon, he slowly sell off at higher price to 割韭菜. I saw the price near closing someone even put 3.95 and many ridiculous price , as if to jack up the price real good. Even if the company prospect is good, the price hike shouldn’t be this abnormal, especially after ex-date. This price don’t even happen during land sale announcement.

I am 2 hearted whether want to sell off at this price or not , or keep to wait it hike more? Any opinion on this ?

3 days ago

Invest_888

According to the info, total sold industrial land was RM675 million. Still got around RM350++ milllion land to be sold at this same area.

If scare about wars, pls buy gold now. If want to buy gold stock, I recommend POH KONG. I recently bought @ RM1.06 & RM1.00.
One fellow here even mentioned the Nuclear war, then holding gold is not the solution BCS WORLD war 3 is happening. Most people will die. But, I don't believe in nuclear war will happen this year, next year but will happen in certain year later.



Goldberg

First disposal - RM 117 million

2nd disposal - RM 111 million

3rd disposal - RM 315 million

4th disposal - RM 132 million

TOTAL SALES of Land------- RM675 million.

3 days ago

Invest_888

Got rumour said JB will open a legal casino. If happen, JB land price will be increased even higher.

Malaysia mulls over plans for casino in Forest City as part of Johor-S’pore Special Economic Zone.

https://www.straitstimes.com/asia/se-asia/malaysia-mulls-over-casino-as-part-of-special-economic-zone-plans-to-boost-forest-city

3 days ago

Joseph3388

Hmm yea agree with u @Invest_888, I don’t tink nuclear is very likely, just not sure when they will conclude the war.
There is balance profit from the land even after the dividend, but the price hike today fill rather abnormal and scary to be honest. I will just sell some first, better safe than be sorry, money in pocket feels safer lol 😂

Thanks for ur input

3 days ago

Joseph3388

About casino… maybe a political war will be started over the issue 🙄

In the post it says that PM denied it? Nvm wait and see 😂

3 days ago

Bullstocks888

New accounts spreading unfounded fear.

The stock rally is supported by good fundamental and undervaluation...60% discount to RNAV and will turn net cash soon. There are strong momentum with big re-rating catalysts like data centre boom, Singapore-JB RTS completing soon and KL-Singapore high speed rail.

3 days ago

Bullstocks888

Invest_888, agree with you. Tremendous potential to churn land bank into cash and pay more dividends to shareholders.

Posted by Invest_888 > 1 hour ago | Report Abuse

According to the info, total sold industrial land was RM675 million. Still got around RM350++ milllion land to be sold at this same area.

3 days ago

troy88

After sweet big dividend, still bullish!

2 days ago

Bullstocks888

@Goldberg, I agree with you. Crescendo is worth at least RM6 imo. Not many developer is swimming in cash now and pay more dividends to shareholders.

Posted by Goldberg > 2 months ago | Report Abuse

CRESENDO in a sweet spot to capitalise on DC Mania In Johor due to its massive land bank.

Johor is a rising star in the data center landscape, and CRESCENDO is well-positioned to capitalise on this growth. Coupled with the company's undervalued landholdings, partial recurring incomes, and decent dividend history.

These factors make CRESCENDO an attractive stock for investors seeking exposure to growing data center industry in Johor and RTS Link, the potential game-changer for property market in Johor Bahru.

Net assets per share of Rm 9.0 upon revaluation.

2 days ago

Invest_888

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

2 days ago

ConstructionMinion

crash

2 days ago

DaveInvest

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 👌🏻

2 days ago

Michael Kwok

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).

10 hours ago

Invest_888

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.

7 hours ago

DaveInvest

@ 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.

5 hours ago

Viincenzo888

Viincenzo888


WHY Felix888999 @ Vincenzo family HKAC due to BAD KARMA.⚰️

Karma can be individual or collective. Individual karma is created by a person's thoughts, words, and actions. Collective karma is created when people act as a group. Karma can be divided into good and bad karma. Good karma is the result of good deeds done for others..A good example of persons getting GOOD KARMA
are sifu OTB and Dragon for sharing information for all investors to make money , while bad karma is the result of intentional harm caused to others...A standout EXAMPLE of BAD BAD KARMA is Felix888999 @ Vincenzo888 and her husband ks55 @ ks55 aka GMCHENKFATT telling bad and fake news about YTLP and asking people not to hold the shares as it would go to rm 3. They even went to do PERSONAL ATTACKS to on sifu OOI and dragon so that investors will believed their TRASH TALK.
The latest BAD KARMA to hit Felix888999 and ks55 is their father ⚰️and mother were KNOCKED DOWN BY A CAR in Bukit Bintang tonite.
This is the CURSE laid upon ks55 and Felix888999 when they were telling LIES recently about YTL and CALLING SIFU CHEATING of readers.
So sorry KARMA kena this two fellows mother and father.
Tomorrow their luck might not be so good.

4 hours ago

Viincenzo888

I Felix888999 @ Vincenzo888 will be posting this same post everyday until all I3 forumers and I3 admin know I am the LIAR telling lies and untruths in YTLP forum and therefore HIT BY BAD KARMA!

Again proven ks55 and Felix888999 are a bunch of shameless LIARS saying the price of YTLP will crashed to rm 3.We are very JEALOUS of the winners here.

I Felix888999 learned how to do Posting dirty posts, cursing and obituary posts from the 5 bangkla lovers of mine..I Never seen myself Felix888999 so low class stock LOSER in any stock forum before. I Vincenzo888 is the worst!!!

4 hours ago