LBS BINA GROUP BHD

KLSE (MYR): LBS (5789)

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Last Price

0.575

Today's Change

+0.005 (0.88%)

Day's Change

0.57 - 0.58

Trading Volume

517,800


17 people like this.

3,939 comment(s). Last comment by alfredloo90 2 days ago

Posted by alfredloo90 > 2 months ago | Report Abuse

KWAP dispose again....f%&k

singkalin

544 posts

Posted by singkalin > 2 months ago | Report Abuse

This celaka KWAP loan 4 billion to 1MDB and govt pay the loan with our hard earn income tax money.
Really CELAKA.

singkalin

544 posts

Posted by singkalin > 2 months ago | Report Abuse

Mati loh.
KWAP still have 162,282,885 share at their disposal.
How to pump LBS up.

Posted by alfredloo90 > 2 months ago | Report Abuse

In the past one year, here is the estimated share purchase and disposal:

*LBS Share Buy Back: 5,398,100 units of shares
*Tan Sri Purchase: 5,528,000 units of shares

**Datuk Wira net Disposal: (10,000,000) units of shares
**KWAP net Disposal: (17,773,777) units of shares

Despite there were major disposal by Datuk Wira & KWAP in the past one year, but the Company itself & Tan Sri are steadily and continuously buying up the shares.

As of date, most 3rd party analyst have the same conclusion which is both LBS and MGB are significantly undervalued.

I think at current price now or any lower is worth collecting as much as possible.

Unknown404

318 posts

Posted by Unknown404 > 2 months ago | Report Abuse

It is undisputedly undervalued. Just keep collecting and God bless, it would pump tomorrow or next month

singkalin

544 posts

Posted by singkalin > 2 months ago | Report Abuse

Very difficult to break the 630 barrier.

Posted by alfredloo90 > 2 months ago | Report Abuse

Still don't have strong buy momentum.

singkalin

544 posts

Posted by singkalin > 2 months ago | Report Abuse

Hari hari 625 630.
When to end and start moving.

Unknown404

318 posts

Posted by Unknown404 > 1 month ago | Report Abuse

Company everyday also buy back their own shares. Don't give up the hope yet!

singkalin

544 posts

Posted by singkalin > 1 month ago | Report Abuse

Have to wait until KWAP dispose all the asshole shares, then only LBS shares will fly.

singkalin

544 posts

Posted by singkalin > 1 month ago | Report Abuse

Asshole KWAP, pls continue dumping until price fall to 060. So that others interested can buy.

Unknown404

318 posts

Posted by Unknown404 > 1 month ago | Report Abuse

Yeah la. I exit edi until drop to 0.63

JT1601

46 posts

Posted by JT1601 > 1 month ago | Report Abuse

Boss dispose share?

Posted by alfredloo90 > 1 month ago | Report Abuse

Yea, but is an Off Market Disposal

"Off Market disposal by child via Direct Business Transaction"

singkalin

544 posts

Posted by singkalin > 1 month ago | Report Abuse

Why no transaction ???

singkalin

544 posts

Posted by singkalin > 1 month ago | Report Abuse

Still cannot break level 6

Posted by alfredloo90 > 1 month ago | Report Abuse

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.

singkalin

544 posts

Posted by singkalin > 1 month ago | Report Abuse

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.

Posted by alfredloo90 > 1 month ago | Report Abuse

hahahaha.....funny way of thinking war as part of their employment...lol

Unknown404

318 posts

Posted by Unknown404 > 1 month ago | Report Abuse

Re-entered at 0.62

singkalin

544 posts

Posted by singkalin > 1 month ago | Report Abuse

Hot becomes cold storage stocks

singkalin

544 posts

Posted by singkalin > 1 month ago | Report Abuse

Any special reason why so many investor dumping LBS shares ???

Unknown404

318 posts

Posted by Unknown404 > 1 month ago | Report Abuse

________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

Posted by alfredloo90 > 1 month ago | Report Abuse

Another good news and milestone for LBS.

But as usual for its share price, it depends on the market sentiment. *(Fingers Crossed)

Unknown404

318 posts

Posted by Unknown404 > 1 month ago | Report Abuse

Resistance breakout! Tomorrow will continue to pump!

singkalin

544 posts

Posted by singkalin > 1 month ago | Report Abuse

Good news at the media.
Bad news at share market.
Keep dumping LBS.

JT1601

46 posts

Posted by JT1601 > 1 month ago | Report Abuse

Continue dump today, not sure will it have any movement during the budget announcement at this coming Friday.

Posted by alfredloo90 > 1 month ago | Report Abuse

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**

Unknown404

318 posts

Posted by Unknown404 > 1 month ago | Report Abuse

Exit on 0.635

Posted by alfredloo90 > 1 month ago | Report Abuse

Fingers crossed tomorrow's Budget.

LBS might be poised for a breakout and hit above 0.70

WongAhMan

35 posts

Posted by WongAhMan > 1 month ago | Report Abuse

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

singkalin

544 posts

Posted by singkalin > 4 weeks ago | Report Abuse

Suddenly big volume dumping LBS share 🤦🤦🏻‍♂️🤦‍♀️

singkalin

544 posts

Posted by singkalin > 4 weeks ago | Report Abuse

Why LBS shares price kept pressing by someone to maintain at level 6???

Posted by alfredloo90 > 3 weeks ago | Report Abuse

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...

Unknown404

318 posts

Posted by Unknown404 > 3 weeks ago | Report Abuse

Suddenly big dump. Entered at 0.61

turbochart

532 posts

Posted by turbochart > 3 weeks 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!!!

Unknown404

318 posts

Posted by Unknown404 > 3 weeks ago | Report Abuse

https://theedgemalaysia.com/node/730861

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

singkalin

544 posts

Posted by singkalin > 3 weeks ago | Report Abuse

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

Posted by alfredloo90 > 3 weeks ago | Report Abuse

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.

singkalin

544 posts

Posted by singkalin > 3 weeks ago | Report Abuse

It's KWAP messing the price

singkalin

544 posts

Posted by singkalin > 3 weeks ago | Report Abuse

KWAP dispose more than 11 million shares.

singkalin

544 posts

Posted by singkalin > 3 weeks ago | Report Abuse

Why ????????

Posted by Fundamental Trader > 3 weeks ago | Report Abuse

is KWSP getting margin call?

turbochart

532 posts

Posted by turbochart > 3 weeks ago | Report Abuse

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

singkalin

544 posts

Posted by singkalin > 3 weeks ago | Report Abuse

The Asshole continue dumping today

Unknown404

318 posts

Posted by Unknown404 > 3 weeks ago | Report Abuse

Omg support broken at 0.6

Posted by alfredloo90 > 3 weeks ago | Report Abuse

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

Unknown404

318 posts

Posted by Unknown404 > 3 weeks ago | Report Abuse

0.58 now. Dafuq!

Posted by MrPandaPanda > 3 weeks ago | Report Abuse

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

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