LBS (5789): Substantial Holder Shares Transactions

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...

2 weeks ago

Suddenly big dump. Entered at 0.61

2 weeks ago

turbochart

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!!!

2 weeks ago

https://theedgemalaysia.com/node/730861

Refer to this news for today's drop. Most of construction stocks also drop

2 weeks ago

Wow !!!!!!!!
Today dumping is worst than last week.

2 weeks 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.

2 weeks ago

It's KWAP messing the price

2 weeks ago

KWAP dispose more than 11 million shares.

2 weeks ago

Why ????????

2 weeks ago

Fundamental Trader

is KWSP getting margin call?

2 weeks ago

turbochart

Pls increase stamp duty to foreigner !! Who bought 2,3,4,5,6.....property.

2 weeks ago

The Asshole continue dumping today

2 weeks ago

Omg support broken at 0.6

2 weeks ago

At this point I hope KWAP just dump everything and leave LBS. Worst shareholder ever.

2 weeks ago

0.58 now. Dafuq!

2 weeks ago

MrPandaPanda

patience guys, lbs is a good company, last time I bought 52 sold at 71.

2 weeks ago

Michael Kwok

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!!!

2 weeks 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

2 weeks ago

Fundamental Trader

The way KWSP sell is unprofessional.

2 weeks 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 weeks ago

really scary, the fund throw, still holding it at loss

2 weeks ago

iyin666

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 weeks 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 weeks ago

KWAP is the second largest shareholder in LBS

2 weeks ago

Omg 0.58 already. When will go up to 0.63 leh? 😔😔😔😔😔😔😔😔

2 weeks 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 weeks 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 weeks ago

Technical rebound tomorrow?

2 weeks 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.

2 weeks ago

Last special dividend was back in 2013/2014.

Special dividend will surely help boost some investors confidence.

2 weeks ago

If not this month announce, might be next month announce the Zhuhai Circuit's disposal

2 weeks ago

Sorry Ashhole, your action causes everybody running away from LBS.
We dont know what is your motive.

1 week ago

Today continue dumping.
Let see KWAP want to press LBS until what level.

1 week ago

Lets just wait for 3rd QR, which will be out in 2-3 weeks.

Most important right now is, LBS must proof to investors that they are still a good company, with good fundamentals, despite KWAP disposal.

1 week ago

3rd QR is releasing on when? November or December?

1 week ago

3rd QR will be release within November 2024, for the Quarterly Financial of Jul'24-Sep'24.

1 week ago

paperhand123

come on LBS, dont let KWAP goons f us over

1 week ago

Be prepared, price might go lower by Friday or next week. Expected range 0.53 - 0.55

I have collected some @ 0.580, 0.575, & 0.570. The lower it goes the better for all of us to average down.

Happy bargain hunting.

1 week ago

what your average price now? @Alfred

1 week ago

I was stuck at 0.860 *(At this point, don't think there are many investors at level 0.860 or above already. Either they have jump off LBS or like me slowly average down)

As of today, I have average down to 0.820

Trying to work my way down to around 0.750-0.780

Am looking forward to next purchase around 0.530-0.550. Don't think it will fall below 0.500 🙊

Current holding: 1,260,000 units

1 week ago

We're in the same boat, bro. My paper gain has been wiped off since the gap down, the day after LBS requested a one-day shares suspension. Trapped since then.

1 week ago

Despite LBS downtrend and frustrations as of late, I still want to hold on to the hope that one day the true value of LBS will come forward.

Apart from the Company's fundamentals, current and future projects, I do constantly benchmark LBS against other Property Developers within the industry, such as BNASTRA, KERJAYA, UEMS, WCT. Although no one company is 100% the same, but if we benchmark in terms of market share size or revenue earnings, it does not make sense that LBS can be price at 0.560. In fact anything less than 1.00 is just absurd.

Some of the competitor mentioned above are not even performing that well or on par with LBS, and yet their share price is way higher than LBS, which is insane and makes no sense.

These are some of the reasons why I keep holding. Hope you see the same Joel77.

1 week ago

This Asshole KWAP also disposed a few million shares from Mahsing.
He either short of fund or just to colour up his qtr account.

1 week ago

WongAhMan

I see good potential in LBS like alfredloo90. It won't take too long for prudent investors to discover LBS's potential before they start investing heavily in this counter. Cheers

1 week ago

yesAH

yesAh - below 50 coming 🎅

1 week ago

Time
US 30
41,962.4 42,166.2 41,916.2 -179.1 -0.43%
08:50:33
US 500
5,781.6 5,808.7 5,767.0 -32.1 -0.55%
08:51:56
US Tech 100
20,259.5 20,357.9 20,154.7 -140.3 -0.69%
08:51:05

1 week ago