CRESCENDO CORPORATION BHD

KLSE (MYR): CRESNDO (6718)

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Last Price

1.34

Today's Change

+0.02 (1.52%)

Day's Change

1.31 - 1.35

Trading Volume

951,000


2 people like this.

647 comment(s). Last comment by ks55 1 day ago

star899

520 posts

Posted by star899 > 1 month ago | Report Abuse

I have never known that Crescendo also owns some valuable land near Bukit Chagar which is a short distance to Singapore until i notice it from the report.
Those lands would be much sought after and appreciate in value whether at present or in the future.

star899

520 posts

Posted by star899 > 1 month ago | Report Abuse

2024 , 2025 and beyond would be another bumper harvest years for Crescendo with abounding sales of valuable properties especially those are strategically located in the Southern Johor.
Just my opinion.

ks55

4,244 posts

Posted by ks55 > 1 month ago | Report Abuse

Q2 makes 50.4 sen per share based on 280,462,498 Shares as per 31 Jul.

Total dividend 6 sen per share to all 841,387,494 Subdivided Shares .

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3487196

ks55

4,244 posts

Posted by ks55 > 1 month ago | Report Abuse

Oasis Residence currently under construction along Jalan Senyum diagonally opposite to Crescendo condo project is selling at RM 1,064 - RM 1,205 psf
https://www.propertyguru.com.my/condo/oasis-hitown-johor-bahru-city-center-14407

https://www.youtube.com/watch?v=WKtWDt_tTrs

ks55

4,244 posts

Posted by ks55 > 1 month ago | Report Abuse

Crescendo Jalan Senyum Condo project to be launched in 2H FY 2025, and ready to launch any time from now (1 August is already in 2nd half of 2025 FY).

Judging from Oasis Residence strong demand from Singaporean, and recent 10% price hike for Oasis Residence, demand for Crescendo Condo should be in high demand too.

Crescendo condo project consists of 2 blocks of 48 storey tower in V-shape as shown in its Annual Report.

https://crescendo.com.my/core-files/uploads/2024/05/CCB_AR2024-BURSA.pdf

ks55

4,244 posts

Posted by ks55 > 1 month ago | Report Abuse

Shorter building block on the left hand side is City Plaza. Just check with google map for its location.

star899

520 posts

Posted by star899 > 1 month ago | Report Abuse

In music the word 'CRESCENDO" means gradually increase.
I think the boss used this as a company name should have the same meaning.
So, I expect the company's
developments , revenues and
profitabilities would gradually
increase.
But I am waiting for
CRESCENDO to reach the
"climax".
Just my opinion.

Luen07

91 posts

Posted by Luen07 > 1 month ago | Report Abuse

等公司发展赚钱,又是3,5年后的事了。

Mindy33

6 posts

Posted by Mindy33 > 1 month ago | Report Abuse

What you say is true for many company, but based on this company’s track record, Less than a year already grow x4 the share price, not many company can do that while still giving out dividends.

Now is the general environment issue , funds went to China/HK because of the goverment there stimulating economy, while the Middle East tension is ongoing. Well I could be wrong but my bet is on the US want to solve this before election .

Few month ago same thing happen and this stock also go down, in the end it went back up so fast and stronger.

Sell if you want and cut ur losses or take profit if u bought much lower price , or you can have some faith on the company’s fundamental and growth .

It’s ok

star899

520 posts

Posted by star899 > 1 month ago | Report Abuse

Strong and fast rebounce. Dividend and special dividend are coming soon.

Diamond7

2,375 posts

Posted by Diamond7 > 1 month ago | Report Abuse

agreement for the Johor-Singapore special economic zone (SEZ) will be signed on Dec 8.

The incentives for SFZone will be tabled on budget day 18 th October!

star899

520 posts

Posted by star899 > 1 month ago | Report Abuse

Even without SEZ agreement , Crescendo would emerge as a winner in Johor where Crescendo has lots of precious properties .
Most importantly, the majority of the properties are like "gold mines situated 'in the Southern Johor.

star899

520 posts

Posted by star899 > 1 month ago | Report Abuse

https://crescendo.com.my/corporate/development/
Let's take a look at the impressive view of the corporate video and the scope of various developments of Crescendo.

star899

520 posts

Posted by star899 > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/728308
To refresh the memory and for those who missed the report on the spectacular profitability of Crescendo for years ahead.

star899

520 posts

Posted by star899 > 1 month ago | Report Abuse

On 04-10-2024 (Last Friday)
------------------------------------------
Dow Jones up 341 points
Nasdaq climbs 219 points

Hopefully, tomorrow 07-10-2024
(Monday) Bursa Market would follow the upward momentum

star899

520 posts

Posted by star899 > 1 month ago | Report Abuse

Good dividend and special dividend are on the way. I am happy happy waiting ! 😊
? When Ex date : 22-10-2024

star899

520 posts

Posted by star899 > 1 month ago | Report Abuse

Honestly speaking, not many companies could pay this kind of handsome dividend 😀

mf

29,190 posts

Posted by mf > 1 month ago | Report Abuse

Published 23 minutes ago23m ago
UK withdraws family members of embassy staff from Israel

ks55

4,244 posts

Posted by ks55 > 1 month ago | Report Abuse

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

star899

520 posts

Posted by star899 > 1 month ago | Report Abuse

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

Mindy33

6 posts

Posted by Mindy33 > 1 month ago | Report Abuse

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

https://theedgemalaysia.com/node/730413

ks55

4,244 posts

Posted by ks55 > 1 month ago | Report Abuse

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

ks55

4,244 posts

Posted by ks55 > 1 month ago | Report Abuse

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

ks55

4,244 posts

Posted by ks55 > 1 month ago | Report Abuse

Last day to buy cum dividend

chamlo

1,288 posts

Posted by chamlo > 1 month ago | Report Abuse

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

Mindy33

6 posts

Posted by Mindy33 > 1 month ago | Report Abuse

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

StarOfTheBull

8,005 posts

Posted by StarOfTheBull > 1 month ago | Report Abuse

Another stock selldown due to ex dividend.

star899

520 posts

Posted by star899 > 1 month ago | Report Abuse

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)

star899

520 posts

Posted by star899 > 4 weeks ago | Report Abuse

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

Posted by WhiteMagic > 4 weeks ago | Report Abuse

LOL, rubbish counter.

Mindy33

6 posts

Posted by Mindy33 > 4 weeks ago | Report Abuse

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

cheated

999 posts

Posted by cheated > 4 weeks ago | Report Abuse

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

Mindy33

6 posts

Posted by Mindy33 > 4 weeks ago | Report Abuse

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

Posted by WhiteMagic > 3 weeks ago | Report Abuse

See what I mean about rubbish.

Posted by newbie2024 > 3 weeks ago | Report Abuse

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

CUTLOSS

257 posts

Posted by CUTLOSS > 3 weeks ago | Report Abuse

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

Posted by WhiteMagic > 3 weeks ago | Report Abuse

See what I mean about a rubbish stock.

investor77

813 posts

Posted by investor77 > 3 weeks ago | Report Abuse

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.

Yezzy99108

408 posts

Posted by Yezzy99108 > 3 weeks ago | Report Abuse

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

bankrupt

85 posts

Posted by bankrupt > 3 weeks ago | Report Abuse

ks55 where is he? Why no promote here?

star899

520 posts

Posted by star899 > 3 weeks ago | Report Abuse

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.

Mindy33

6 posts

Posted by Mindy33 > 3 weeks ago | Report Abuse

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

newuser999

231 posts

Posted by newuser999 > 3 weeks ago | Report Abuse

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

newuser999

231 posts

Posted by newuser999 > 3 weeks ago | Report Abuse

final support 1.07

Yezzy99108

408 posts

Posted by Yezzy99108 > 2 weeks ago | Report Abuse

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

Posted by lionel messi > 4 days ago | Report Abuse

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

Diamond7

2,375 posts

Posted by Diamond7 > 4 days ago | Report Abuse

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

investor77

813 posts

Posted by investor77 > 2 days ago | Report Abuse

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 ??

ks55

4,244 posts

Posted by ks55 > 1 day ago | Report Abuse

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.

ks55

4,244 posts

Posted by ks55 > 1 day ago | Report Abuse

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

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