CRESNDO (6718): Substantial Holder Shares Transactions

6 sen dividend in 6 days. Why still want to wait?

1 month ago

Both Dow Jones and Nasdaq indexes shoot up at this hour of the day Monday 12.37 pm afternoon New York Time

1 month ago

Nice land at strategic location at a good price, maybe gonna develop some really fantastic project

https://theedgemalaysia.com/node/730413

1 month ago

Crescendo also bought 57 acres around 10 to 12 years ago at total cost 32 million. Additional purchase around 120 acres at the same location will enhance value further. Now we know industrial land cost around 1.2 million to 1.3 million per acres. 57 acres will be around 72 million which give rise to 40 million revaluation surplus. Better still if the existing road to Port of Tanjung Pelapas can be upgraded to highway, then we will see more value to these industrial land.

Properties Held by Unibase Concrete Industries Sdn. Bhd.
16. GM 2038 Lot 1338 and Vacant agricultural land Freehold 24 Jul 2013 15.74 6,818
GM 2040 Lot 1339,
Mukim Jeram Batu,
Pontian, Johor.
17. GM 2584 Lot 10789, Vacant agricultural land Freehold 13 Oct 2015 9.83 9,871
Mukim Jeram Batu,
Pontian, Johor.
Properties Held by Unibase Pre-cast Sdn. Bhd.
18. GM 2010 Lot 1350, Vacant industrial land Freehold 24 Jul 2013 31.43 15,866
GM 1969 Lot 1351 and
GM 1968 Lot 1352,
Mukim Jeram Batu,
Pontian, Johor.

https://www.google.com/maps/place/Jeram+Batu,+Johor/@1.4468668,103.4686847,21333m/data=!3m1!1e3!4m6!3m5!1s0x31d0a018a3596db3:0x140c2168937237f0!8m2!3d1.509462!4d103.5114381!16s%2Fg%2F1q5bkw0t9?entry=ttu&g_ep=EgoyMDI0MTAxNC4wIKXMDSoASAFQAw%3D%3D

1 month ago

Crescendo rm 1.0 billion condo project has commenced earth work.

See the land behind City Plaza already started to clear (4:40 to 4:43), and worksite in front is Oasis Residence by CTC Group from Singapore.

https://www.youtube.com/watch?v=3Eb7IapoXoI

https://oasisresidencejb.com/en

1 month ago

Last day to buy cum dividend

1 month ago

chamlo

Ex-dividend drop lower and lower. Better don't take the dividend.

1 month ago

To me, personally it was never about the dividend. Dividend is just a catalyst and a part of the value of this company. Well we shall wait and see

1 month ago

StarOfTheBull

Another stock selldown due to ex dividend.

1 month ago

Can buy at a lower price is another 'dividend' if one could afford.
Most likely Crescendo will rebound sooner or later for such a solid fundamental stock.
(Just my opinion)

1 month ago

Sooner or later Crescendo would rebound with such a solid fundamentals.
Just my opinion.

1 month ago

WhiteMagic

LOL, rubbish counter.

1 month ago

It’s fine, what goes up must come down, what is at bottom will bounce up. Waiting next catalyst while slowly buying

1 month ago

cheated

Where got everyday up? When reach peak sure fall like other counters.

1 month ago

Yep agreed, no way everyday up, let it down now, then slowly absorb and wait for next catalyst for me

1 month ago

WhiteMagic

See what I mean about rubbish.

1 month ago

newbie2024

be patient , just nearing prev support level before split. should stabilise ard here.

1 month ago

CUTLOSS

Sold today RM 1.25. Be safe better not to get caught.

1 month ago

WhiteMagic

See what I mean about a rubbish stock.

1 month ago

investor77

Present price is too damn cheap if you consider all the Fundamentals. Operator is very smart, always push down the share tho with very good news for a couple of weeks. Then after shaking out weak holders, will suddenly push up the shares. After this, will again push down the share. A look at the Charts will show this pattern. CEO already said this year will be the BEST year for Crescendo. Hope will recover to RM 1.50, i.e. before the Share split and Dividend of 6 sen.

1 month ago

Yezzy99108

some naysayer who predicted YTLP price crash now is handful arresting his own Crescendo crash ....karma bites back hard

1 month ago

bankrupt

ks55 where is he? Why no promote here?

1 month ago

This is the funny part of the stock traders.

When the price of a good share is going down to the rock bottom , not many dare to buy or scared until shivering.

But when the price is going up, many starts chasing along the way.

But is also good, otherwise how to get cheap stocks with huge potential gains and one of them is Crescendo .

Just my opinion.

1 month ago

Bankers has entered the game now, absorbing chips according to analyst. Not sure when the reversal gonna be, right condition needs to happen before any reversal, but good thing is operators has entered last 2 days, meaning potentially they gonna pump again in near/far future depending on general environment of Malaysia stock market, no point pumping if whole market is bear, dumping money into the sea only

1 month ago

newuser999

Crescendo is in bearish now, even break below 200 days moving average. Do remember, no matter how good the fundamental of a company is, once technical breaks the support, exit half. Do not average down, else will be trapped deeply

1 month ago

newuser999

final support 1.07

1 month ago

Yezzy99108

Still waiting for that big mouth who slandered YTLP. As usual nowhere to be found coz he's busy arresting his own CRESCENDO price plummet LOL

1 month ago

lionel messi

Rain has stop sun is out. Let's have some fun baby.

3 weeks ago

Diamond7

Cresendo jump up.... 🚀 🚀 🚀
Hot! Very hot!!! 🔥
On fire!
Any good news?

2 weeks ago

investor77

Now, pullback, before resuming Uptrend ? Hope will go to RM 1.50 , adjusted price after the 2 to 1 Split. Same owner with KMLoong, and if you notice, KMLoong is on Uptrend and gave further dividend of 5 sen. So hope in Dec when quarter results out, will give another big Dividend, maybe 6 sen again ??

2 weeks ago

https://www.thestar.com.my/business/business-news/2024/11/21/sdp-records-all-time-high-9m-revenue-profit

Property developers are having record profit since last property boom. Paramount is riding this wave very well with 1.4 billion unbilled sales. Most of its properties are at the middle of ogive graph and give rise to highest sales to revenue conversion rate.

Paramount is due to announce its latest QR by 25 Nov. Stay tune.

As for Crescendo, still waiting for payment for the last land deal. Profit from that land deal amounts to 7 sen per share. Couple with profit derived from normal business and rental income from its 17 factories in NCIP, profit for quarter ending Oct 2024 should not be less than 10 sen per share.

2 weeks ago

YTLP share price doesn't look good. Going to breach 3 ringgit again. It may go down to 2.50 very soon.

2 weeks ago

calvintaneng

stay safe in 🌴

Director Gooi Seong Gum of Crescendo did what?

see

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-11-26-story-h474819095-RIMBUNAN_SAWIT_5113_PALM_OIL_JEWEL_ITS_DEEP_VALUE_ASSETS_RIPE_FOR_SALE_I

1 week ago

investor77

Coming October result, as per recent Qtr report, sales of 260mil + 116 million will be accounted for . Annualized result as in i3 investor is estd Eps of 100 sen, , meaning a PE ratio of 1.3X !! With that amount of land sales, Estd Net profit for the 3 rd Qtr can be around 150 million. That is why Chairman says- this yr ending Jan 2025 will the most Fantastic result for the Group. !! Hope will give Bumper Dividend as they are not Stingy as can be seen in giving Extra Div for KMLoong, sister company. By then price will exceed Rm 1.50, price before Split of 2 for 1. Still don't know why this Share is Overlooked by most Investors !!! Can be a profitable share what with Industrial land sales and property deelopment ,- Apartments near the Johore RTS!!!

5 days ago

https://theedgemalaysia.com/node/736901

Crescendo selling another 18 acres in NCIP for rm 120 million, or m 150 per sf (rm 6.5 million per acre), net profit is rm 62 million or 7 sen per share.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3507433

2 days ago

Diamond7

Johor-based property developer Crescendo Corp Bhd (KL:CRESNDO) is selling more land for the development of data centres in Johor, this time for RM120.06 million in cash.

In a filing with Bursa Malaysia, Crescendo said it signed an agreement with Data Cloud Innovation Sdn Bhd (DCI), a wholly owned unit of UK-based Magma Holding Company Ltd, on Friday for the sale of five plots of freehold vacant land in Iskandar Puteri.

Cresendo seals seventh land sale

2 days ago

Diamond7

2 days ago

Jaks is Better le ..

JAKS Resources to dispose of oil palm land in Penang for RM77.7 mil
By Choy Nyen Yiau / theedgemalaysia.com
09 Sep 2024,

In a filing with the stock exchange, the construction and power utilities group said it is selling four plots of the land to Summersonic Sdn Bhd for RM35.9 million, and the remaining 13 plots to Pacific Arena Sdn Bhd for RM41.8 million.
JAKS Resources said the land located in Seberang Perai Selatan had a net book value of RM15.97 million as of the end of December 2023. The group expects a net pro forma gain of RM50.38 million from the disposal.

2 days ago

Hoho ytlp even the Latest QR with Lower Profits… Benjamin Graham Number is ard 3.81..

Why u shy away after cannot reply SWOT analysis facts n figures that u challenged OIB ..🤣

2 days ago

Hoho Jaks is Buy Low Sell High … Price RM 0.13 , NTA 0.60 ..

2 days ago

Sslee

Jaks how to be better?

Never pay any dividend to shareholders but yearly asking free money from investors and shareholders with PP and RI. And without fall come Q4 big impairment on contract assets and receivables.

Jaks is BUY Low and SELL Lower.

2 days ago

Hoho much better than yr promoted Pump n Dump SCIB with TP RM 1.00 by early 2025 years ( The Major over 20 % is on Force Sell ) and Omesti ( 8 consecutive QR r in Loss ) …

1 day ago

As said earlier 2025 Shl be Jaks year .. since LSS5 Tender RFP dateline is brought forward to 25/7/2024 from December 2024 .. focus back to Jaks .

>> Jaks currently a Calculated Risk Stock is turn around to be a potential Growth stock , why ? :

A) Jaks CEO ( the only substantial shareholder from 9.9 % ( 2017 ) to 14 % ( 2023 ) , after Uncle K intention to take over with 30 % on 2017/2018 , is failed ) had successfully steered the company diversified into Power industry: Vietnam Joint Venture Power Plant 1200 MW with CPECC , EPCC value RM 8.7 Billion… construction is started on October 2016 , fully Commercial Operating Date on January 2021 with BOT 25 years concession:

As an 30 % associate joint venture company contributing share of profit n Dividend to Jaks since 2021 :

Jaks Annual Revenue and Net Profit / ( Loss ) :

1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )

2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.

3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.

4.) FYE 2023 : Rm 37.787 million with Net Profit RM 15.527 million..

5.) FYE 2024 :

>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.

>> 👉2QR : RM 13.1 million with Net Profit RM 8.4 million.

>> 👉3QR : RM 14.1 million with Net Profit RM 22.5 million.

B ) LSS4 50MW Solar Project in Penang is COD on August 2023 with 25 years TNB PPA ( increased from 21 years ).

1.) QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18%

2.) QR ended June 2024 :

Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %

3.) QR ended September 2024 :

👉 Revenue : 4.7 million, Profit RM 0.3 million.. 6.38 %

👉👉 Average Profit % for 9 months of 2024 is 10.94 %

👉👉 Average Profit % for Half year 2024 is 13.22 % … compared to Yinson Half year ( February to July 2024 ) FY2025 is 13.85 % ( RE in India )

C.) CGPP 30MW Solar project is awarded on August 2023 to Jaks consortium with 2 partners ( Jaks holding 51 % ) …COD is scheduled by 4Q 2025 .
Jaks Shl be benefited on the EPC contract also .

CGPP winners can sell RE electricity directly to end user / customer, but thru TNB power grid as TPA ( Third Party Access ) . CRESS details is expected to be announced in September 2024 , but the Mulling charges is announced oredi on 22/8/2024 .

Update : CRESS is effective from September 2024 after 1 month discussion with industry generators/ players ) .

800 MW CGPP winners can even sell RE electricity cross border.( To Singapore ) .

D.) LSS5 2000MW Solar Project, EPCC value is estimated RM 7.2 Billion, tender RFP dateline is brought forward to 25/7/2024 from December 2024 ):

Jaks partner again with CPECC ( Vietnam 1200 MW Power Plant partner 70 % ) >>> Jaks 51% : CPECC 49% , tendered 200MW ( with intention up to limit 500 MW ) ….. Land : 1730 acres in Terengganu is leased from TDM .

E.) Jaks :
CAGR : 3Y + 29.9 % TTM + 41.2 %

Yinson :
CAGR : 3Y + 83 % TTM + 31.9 %

1 day ago

Hoho someone blowing SWOT analysis in YTLpower but asked to provide facts n figures.. surprised that he posted how to provide !🤣

Then he shouted run for yr Lifee in investing… better don’t touch le !🤣🤫

1 day ago

Buying Crescendo is a sure win.
Buying YTLP is like buying Tai Sai in Genting.
Your money.
Your choice.

6 hours ago

Sslee

Isn't selling land to report big profit a one off event?
After selling all the land and without profit from land selling what will be the normalized PAT?

Just wonder why all IBs have buy call on YTLP?

Buying jaks is like ikan billis swimming with sharks sure telan by sharks

5 hours ago

Hoho the Konartist is still blowing here ke .. Jaks is much better than yr promoted Pump n Dump SCIB ( blowing TP RM 1.00 by early 2025 ) and Omesti !!!

YTLpower??? >> Too many hidden risks :

1.) Kulai DC Green Park : Update ???

2.) PowerSeraya: 2 Power Plant with Total 2920 MW going to be phase out due to service life starting 2026 to 2031 .

3.) Wessex : Recent QR with Profit is due to Tariff Hike but need to pump in Capex ard RM 20 billion over 5 years .

4.) Just today news .. TNB signed with Sembcorp Power Pte Ltd for supply of 50MW renewable energy to Singapore.

44 minutes ago

Selling at rm 6.5 million per acre.

Posted by ks55 > May 14, 2024 1:32 PM | Report Abuse X

Crescendo is looking for buyer for its 75 acres of industrial land at NCIP. Looking at the latest transaction @ rm 138 psf at SILC, NCIP land should sell at rm 150 psf, or rm 6.5 million per acre. (something like DongQuan to Shenzhen). So this 75 acres worth rm 488 million!

8 minutes ago