KLSE (MYR): LBS (5789)
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Last Price
0.54
Today's Change
-0.005 (0.92%)
Day's Change
0.535 - 0.555
Trading Volume
3,557,000
Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
---|---|---|---|---|---|---|---|---|---|---|
Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) |
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
4 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
4 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.
4 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.
4 weeks ago
Last special dividend was back in 2013/2014.
Special dividend will surely help boost some investors confidence.
4 weeks ago
If not this month announce, might be next month announce the Zhuhai Circuit's disposal
4 weeks ago
Sorry Ashhole, your action causes everybody running away from LBS.
We dont know what is your motive.
3 weeks 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.
3 weeks ago
3rd QR will be release within November 2024, for the Quarterly Financial of Jul'24-Sep'24.
3 weeks 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.
3 weeks 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
3 weeks 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.
3 weeks 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.
3 weeks 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.
3 weeks ago
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
3 weeks 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
3 weeks ago
KWAP n KWSP have been trading n playing short term in shares in past 4-5 years, if no solid negative news then most probably they selling while they feel the Regarding counter is overvalued or simply trading to earn quick money. LBS is long time property developer, below 59 cents sound attractive. The trend of many retail investors follow the buying or selling decisions of EPF then KWAP is not healthy, it may encourage the 2 institutes to be more active in trading shares..
2 weeks ago
Zhuhai Deal completed as of 8th November 2024 :)
Share price down due to lacking in SBB by the Company and Tan Sri, and most probably, other investors waiting to see 3rd QR results which will out this month.
Without support price might fall lower than 0.56 in short term. Take advantage of this moment to buy lower.
1 week ago
If 3rd QR is good, price might go up.
But hard to say for sure, considering the whole market is quite bearish. It is almost mid November and KLSE has fallen to 1600 level.
Don't think we can achieve 1730 as predicted by some analyst earlier this year.
So there is a possibility we might have to hold on to LBS abit longer till next year after 4QR comes out sometime in February 2025. (Provided if 4QR is.good as well)
Best course of action is just to keep holding current position or average down.
1 week ago
lol....Indonesia is planning to return the ART.
https://www.thejakartapost.com/indonesia/2024/11/14/indonesia-to-return-art-units-to-china.html
Hopefully Putrajaya and Johor State Gov sees ART as potential failure, and should instead opt for LRT, to complement the nearly completed RTS.
LRT is more expensive than ART but more reliable and good investment for JB State in the long run.
Fingers crossed LBS gets the LRT project.
2 days ago
Wait for QR
Whole KLSE market is shit anyways. Barely staying above 1600 points
2 days ago
I thought successful disposed the Zhuhai asset should be good..but turns upside down.. terrible 😔
1 day ago
@Joel77, I am still on board. Currently I am at 0.813 with 1,293,500 units.
Trying to work my way down to below 0.800
MGB just released their 3rd QR today. If MGB has good QR, then LBS should have good QR also.
1 day ago
Just bought additional units today. Current average @ 0.805 (Units: 1,333,500)
10 hours ago
Based on the unit holded by Alfred, I think he have invested RM 1 million in this counter.
7 hours 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?
4 weeks ago