LBS BINA GROUP BHD
KLSE (MYR): LBS (5789)
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Last Price
0.58
Today's Change
0.00 (0.00%)
Day's Change
0.57 - 0.58
Trading Volume
2,469,500
News and Blogs
Discussions
17 people like this. Showing 50 of 3,915 comments
Too much middle east tension.
If you think about it most of the share counters were doing well, for the 1st half of the year. It was when things escalated between Israel & Iran, that things went to shit.
Bloody extreme terrorist group. I hope Israel bomb the shit out of these cockroaches.
3 weeks ago
Those bunch of terrorist have to keep the war going. Without war, they are out of work. They become unemployed. They don`t have skill other then firing rocket and killing peoples.
2 weeks ago
________09.10.2024________
The Board of Directors of LBS Bina Group Berhad (“LBGB” or “Company”) wishes to announce that Suria
Hijauan Sdn. Bhd. (“SHSB”), an indirect subsidiary of the Company, has on 9 October 2024 awarded an
Engineering, Procurement, Construction and Commissioning (“EPCC”) contract to Atlantic Blue Sdn. Bhd., a
wholly owned subsidiary of Solarvest Holdings Berhad (“Solarvest”), to construct a 43-MWp solar farm
project for the Company at a total contract value of RM104 million.
The solar farm, to be located in Senawang, Negeri Sembilan, is expected to be completed by the end of
2025. Upon commissioning, it is projected to generate approximately 53,000 MWh of clean energy annually,
offsetting around 35,000 tonnes of carbon dioxide emissions. The solar farm is anticipated to contribute about
53,000 Renewable Energy Certificates (RECs) to the market, supporting corporate consumers in meeting
their sustainability goals.
The award of contract signifies the commencement of the development of solar farm project and it is
expected to have a positive effect on earnings and net asset of the Company arising from the profit to be
generated from the farm. This contract will not have material effect on earnings per share, net asset per
share and gearing of the Company for the financial year ending 31 December 2024
2 weeks ago
Another good news and milestone for LBS.
But as usual for its share price, it depends on the market sentiment. *(Fingers Crossed)
2 weeks ago
Continue dump today, not sure will it have any movement during the budget announcement at this coming Friday.
1 week ago
Most major investors waiting to see upcoming Budget....
One of the major factors people are waiting to see is if LBS will get the Johor LRT Project.
Johor state government said they prefer to opt for ART instead of LRT as it is cheaper, but all this depend on the Federal Government decision and budget allocation. If Federal can approve and allocate more budget for the Development Sector, it might increase the chances of LBS to getting the Johor LRT project.
Also, note that we have 2 more weeks to go till end of October to see if the disposal transaction of Zhuhai International Circuit is completed...
Recently LBS has already announced 2 good news: Solar Project & Mixed Development @ Seri Kembangan worth GDV RM 861.00 mil
**Fingers Crossed For More Good News Ahead**
1 week ago
Fingers crossed tomorrow's Budget.
LBS might be poised for a breakout and hit above 0.70
1 week ago
It has also launched its 315-acre township named Rimbawan in Genting on Oct 16. The GDV of this project is RM9.5 billion. It looks like it can break 70c barrier soon. Cheers
1 week ago
Operator stop hunting to buy cheap.
https://messenger.i3investor.com/join-group.html?route=b729749f9b1144a2aec82f64cabd443a
4 days ago
GG liao....price keep dropping again....
We keep reading good news, but somehow price just keep dropping. Looks like the market is not as transparent as one would thought....
Sigh.....
The latest RM9.5 billion project also has no positive impact on share price....What the hell is going on?
It does not make f@#king sense.....any other company would have skyrocket by having this kind of news...
4 days ago
MM2H nowadays become Hong Kong and China MM1H. They said Msia is their Main Home oledi. They started goreng msia property now. 1 person buy few condo Etc. Anwar, pls action!!!
4 days ago
https://theedgemalaysia.com/node/730861
Refer to this news for today's drop. Most of construction stocks also drop
4 days ago
The news that you shared should not be any affect on LBS, because LBS doesn't involve much in mega projects.
Most of its development projects are private developments.
Something is just wrong with LBS, that we retail investors are not able to see.
4 days ago
At this point I hope KWAP just dump everything and leave LBS. Worst shareholder ever.
3 days ago
Duh,mm2h only can buy rm 500k above property.please never forget there oversupply of property especially in higher end.A platinum mm2h bring usd 1.2 million ti malaysia.there wont buy a lot of property let say 10 of them.maybe buy 2 property worth rm 1 million each.rm 3 million to keep or do some businesses.there stay only at most 20 years.like tht want government to jail them.
22/10/24 5.45pm
Posted by turbochart > 1 day ago | Report Abuse
MM2H nowadays become Hong Kong and China MM1H. They said Msia is their Main Home oledi. They started goreng msia property now. 1 person buy few condo Etc. Anwar, pls action!!!
3 days ago
Date of Notice : 22/10/2024
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 21/10/2024 Disposed 2,128,000 -
Circumstances by reason of which change has occurred:
Disposal of shares in open market
Nature of Interest:
Indirect Interest
Consideration:
No of Shares Held After Changes:
Direct : 119,623,426 shares (7.7390%)
Indirect/Deemed Interest : 28,387,959 shares (1.8360%)
Total : 148,011,385 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
3 days ago
Is KWAP not KWSP
KWAP = Civil Servant Pension Fund
KWSP = Private Sector Pension Fund
But regardless, any Government related agency that becomes major shareholder of a Public Company must always be careful, cause they are all assholes.
2 days ago
The disposal transaction of Zhuhai International Circuit is slated to be completed by end-October 2024, yet there are no updates on the said disposal. Disposal transaction having problems?
2 days ago
Best advice for current retail investors still holding is ride the elevator down to lowest point, and buy at lowest point to average out then sell and get out with minimal losses
2 days ago
Particulars of substantial Securities Holder
Name KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
Address Level 36, Integra Tower
The Intermark
348 Jalan Tun Razak
Kuala Lumpur
50400 Wilayah Persekutuan
Malaysia.
Company No. KWAPACT6622007
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 22 Oct 2024
3,957,600
Disposed Direct Interest
2 days ago
Between 18 - 22 Oct, KWAP has disposed: 17,777,500.
With this sale volume, LBS price gone down from 0.66 to 0.58, in 3 trading days.
2 days ago
Don't think there will be any rebound until after Oct 2024, when LBS finalized the disposal of Zhuhai Circuit, and announce special dividend, if any.
1 day ago
Last special dividend was back in 2013/2014.
Special dividend will surely help boost some investors confidence.
1 day ago
If not this month announce, might be next month announce the Zhuhai Circuit's disposal
1 day ago
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