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Nvidia not putting any money? Only want to sell its chips and software?

No progress report mean no progress in development.
Already stalled?

No need to flag lah.
That is the fact.

Why no progress report?

All in all, this TOD is definitely going to be great success for Crescendo.

First TOD by Crescendo going to take place in second half of this year. Land acquisition completed for 72 million.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3436523

The Group plans to launch 1,200 units of serviced apartments which are located within the vicinity of the RTS terminal at Bukit Chagar with a total GDV of approximately RM1 billion in second half of FY2025.

Taking 30% gross pretax profit, that is rm 300 million. So cost of development inclusive of land is rm 700 million. Land cost is about 10% of capital outlay is very very low. Normally for highrise, it should be 15 to 20% of the development cost.

We also expect proceed from land sale to STT GDC rm 117 million to come in by tomorrow.

Estimated net profit is rm 80.8 million.
Still left about 75 acres to be sold.

Crescendo disposed another 25.3 acres of NCIP to Microsoft for rm 132.5 million or 5.22 million per acre. Looking at the previous transaction, deal will complete by July (less than 4 months).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3436351

Every new business venture inevitably stand a risk. High risk high gain.

The more you put in your money, the more you can make or break.

Look at its cash flow to get your answer.

Q2 compared with Q1, revenue increased by 48%.
Q2 gold price is very much higher than Q1.
And for Q3 gold price surge much higher than Q2.
We expect revenue for Q3 will increase by about 50% as major festival (CNY, Hari Raya and Hindu wedding season) and profit will be around 10 to 15 sen per share.

Nvidia does not contribute anything other than selling its AI chips and software.

What are the costs involved in setting up an operational Data Center?

1. Land cost
2. Construction cost
3. Equipment cost
4. Software cost
5. Labour plus training cost
6. Marketing cost
7. Other infrastructure associated with an operation data center.

So how much Nvidia willing to foot out?
Everybody silent on that.
Who is the owner of the facility? YTL Communication, right?
So who actually operate the data center?

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Looking at the machai nonsense posting, this is the best to counter him.
Crescendo is a safe investment. You won't lose money. Not a 50-50, that is for you to go Genting to play Tai Sai.
Poh Kong is going to make fantastic profit for Q3. Just waiting for it to shoot up.

Stock: [POHKONG]: POH KONG HOLDINGS BHD

Mar 29, 2024 12:01 PM | Report Abuse

Next month(Apr) is Hari Raya and Hindu wedding season, with gold price spikes since Oct, you should expect bumper profit for Poh Kong Q3 ending April.

Another plus is 'luxury tax' for HGVT is temporary delayed due to bill not yet passed in Parliament, that is just delay and will form the pull factor to buy gold jewellery now instead of later.

https://goldprice.org/gold-price-malaysia.html

Gold price is at record high in Malaysia.

18 sen dividend. This itself is sufficient to propel Crescendo share price to higher level.

Crescendo will go ex dividend by 24 of this month.

Stock: [CRESNDO]: CRESCENDO CORPORATION BHD

Apr 2, 2024 10:09 PM | Report Abuse

Crescendo will report exceptional good Q1 result by Jun with rm 312 million extraordinary gain from land disposal.

May have good news in coming month for additional disposal of 100 acres for another rm 500 million.

Stock: [CRESNDO]: CRESCENDO CORPORATION BHD

Apr 2, 2024 10:00 PM | Report Abuse

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=3435719

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.

Crescendo will report exceptional good Q1 result by Jun with rm 312 million extraordinary gain from land disposal.

May have good news in coming month for additional disposal of 100 acres for another rm 500 million.

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

Malaysia is 3rd largest producer and exporter for solar panel.
Naturally it will be very much cheaper to produce renewable energy because of cheap raw material (solar panel), land cost and easily connected to national grid.

Very important factor for solar energy power plant is proximity to the end user (hyperscale DC), and these DCs have easy access to main submarine cable in Singapore.

Next month(Apr) is Hari Raya and Hindu wedding season, with gold price spikes since Oct, you should expect bumper profit for Poh Kong Q3 ending April.

Another plus is 'luxury tax' for HGVT is temporary delayed due to bill not yet passed in Parliament, that is just delay and will form the pull factor to buy gold jewellery now instead of later.

https://goldprice.org/gold-price-malaysia.html

https://www.thestar.com.my/news/nation/2024/03/29/jewellers-heave-sigh-of-relief-as-039luxury-tax039-deferred

Glomac is on the move !

Another rm 117 million is coming by next week. That will boost Crescendo share even higher.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3430853

My cost for POH Kong was at 88 sen.

Not asking you to buy when it is already at 1.00 ringgit.

Upward potential is still there.

Not a 50 - 50 chances to make or to lose.

Poh Kong going to be another chun chun call.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3431658

Stock: [POHKONG]: POH KONG HOLDINGS BHD

Mar 19, 2024 7:01 PM | Report Abuse

The Group's revenue for the current quarter under review was higher at RM423.818 million as compared to the revenue in the corresponding quarter last year of RM403.836 million, an increase of RM19.982 million. The increasein revenue was due mainly to the increase in demand of gold jewellery and gold investment products during the quarter
under review.

The higher revenue and the increase in gold prices had improved profit margin as compared with the preceding quarter.

The Group's profit before tax in the current quarter at RM36.397 million as compared to the profit before tax of RM32.494 million in the corresponding quarter last year showed an increase of RM3.903 million. The overall uptrend in gold prices had improved the operating profits in the current quarter under review.

https://goldprice.org/gold-price-malaysia.html

Look at the gold price from Feb 2024 to Apr 2024, you should expect PohKong Q3 profit to reach 10 sen per share.

Stock: [POHKONG]: POH KONG HOLDINGS BHD

Mar 18, 2024 6:50 PM | Report Abuse

Poh Kong is going to announce Q2 result this week.
What can you deduce from gold price movement for past 5 months? i.e. Oct 2023 to Jan 2024.
What can you expect Q3 result from Feb 24 to Apr 24?

https://goldprice.org/gold-price-malaysia.html

Stock: [BAT]: BRITISH AMERICAN TOBACCO (M)

Mar 9, 2024 10:39 PM | Report Abuse

BAT no more stock market darling of yesteryears. In actual fact, it is considered a sunset industry.
Why it can give up to 95% dividend cover ratio? Clearly it is not going to spend anymore Capex.
No tangible asset, goodwill 411 million. Just having outdated machinery worth 65 million with lease liability 34 million. Total liabilities 801 million is more than total assets (less goodwill 411 million). That is to say, if company wind up today, you are not going to get a single sen.

Obviously it is not worth to wait for 10% dividend yield as you are getting paid through your own pocket. At 8.13, you can exchange for 3 Crescendo shares. Crescendo going to announce Q4 result by end of this month. Expecting it to declare not less than 20 sen per share. So for 3 Crescendo shares, you will get 60 sen dividend by August.

Stock: [CRESNDO]: CRESCENDO CORPORATION BHD

Mar 13, 2024 1:08 PM | Report Abuse

Crescendo going to announce Q4 result by end of this month. Predict it will make a total 20 sen from normal business operation after tax. Since there was no interim dividend paid, couple with extra ordinary gain from land disposal, there is no need to retain more cash then necessary. Expecting it to declare not less than 20 sen per share by end of the month.

My chun chun call ?

Crescebdo has just announced 18 sen dividend.

Today's darling stock no doubt is going to be Crescendo.

Residential property price has picked up since 2023, land for development especially industrial land shoot up through the roof.

All property counters are experiencing a super bull in making.

Glomac has started to move up too.

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OMG ! Your children can be better than my children?
They are from Havard University?

Want to talk about facts and figures?
Just looking at the way he carries himself, so low life !

If less than that amount, better keep your big mouth shut !

Very sure my children now doing much better than your children.
Very sure I live a better life that you do.
I am not sure how much you have right now. Perhaps more than 15 million?

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