Posted by ConstructionMinion > 2024-04-26 20:38 | Report Abuse

crash

Posted by Michael Kwok > 2024-04-28 17:49 |

Post removed.Why?

Posted by Invest_888 > 2024-04-28 20:56 | Report Abuse

Cresndo 3.77

Cresndo is still on uptrend state. Just observed before dividend payout of 18cent, the price was RM3.51 on 23Apr. On dividend payout day, 24Apr the share price was RM3.61. After dividend payout, on 25Apr, the price went up RM3.88 with high volume of 1.426Million share. If got big players really want to dump this stock, it wouldn't close at RM3.88 instead should close below RM3.61 on 25Apr. On 26APR, share price dropped to RM3.77 with volume @ 564K which is only 39.6% of 1.426Million. As such, this stock is under healthy correction or washing out those weak holder. If it drops below RM3.61, it is possible the bankers want to move to another counter.

Posted by Bullstocks888 > 2024-04-29 10:08 | Report Abuse

Cresndo - Severely undervalued stock with all-time high earnings, upside potential. Accumulate. Next resistance R1 at RM4.80, followed by R2 at RM5.20.

Cresndo has strong catalysts from strong earnings momentum (record high GDV of RM1.2 billion), strong cash flow (land sales RM0.6 billion) and special dividend payout. The company is leveraging on data center boom in Johor, and new venture into high-rise luxury condominium near JB-Singapore RTS.

Posted by Goldberg > 2024-04-29 10:45 | Report Abuse

I don't blame them Dave YTL is arguably the best stock to buy and keep. However its good to diversify ones portfolio in to good well run and good divvy stocks like Crescendo.

Posted by Goldberg > 2024-04-29 11:55 | Report Abuse

Well said Dave - totally agree with you.

Posted by Invest_888 > 2024-04-29 15:19 | Report Abuse

If portfolio balancing is important you should seriously consider buy good stock. I prefer Poh Kong due to high inventory and expected its best ever QR. Around 2/3 weeks, Tomei QR should be out and great result is expected and result in higher share price for both Tomei and Poh KOng. Gold hedge against uncertainty esp wars, inflation and devaluation in currency.
Definitely, I am keep holding YTLP stock.
Cresndo is also a great stock as well esp the GOOI family is famous in sharing profit. Just look at "Kimloong" i.e. high dividend payout, free warrant and free bonus share, proven record from year of 2005 until now.

Posted by Bullstocks888 > 2024-04-30 11:49 | Report Abuse

Microsoft had committed $13.5 billion as of June 30 for construction of new buildings and improvements, mostly for data centers to support cloud and AI growth, according to the company's annual report.

The company this month revealed plans to invest $3.2 billion to expand its cloud and AI networks in Australia over the next two years, according to Bloomberg News. nincludes development of nine data centers that would boost the company's total number of facilities on the continent to 29.

Posted by Bullstocks888 > 2024-04-30 11:50 | Report Abuse

Microsoft has 29 data centers in Australia.

Microsoft signed 2 land acquisitions with Crescendo in last 5 months. Guess who Microsoft will go to if it needs more lands to build more data centers?

Posted by Invest_888 > 2024-04-30 16:04 | Report Abuse

Break RM3.61, not a good sign.

Posted by Bullstocks888 > 2024-05-02 09:40 | Report Abuse

Microsoft to invest $1.7 billion into AI infrastructure in Indonesia, CEO Satya Nadella says.

Malaysia next?

Posted by Bullstocks888 > 2024-05-02 10:05 | Report Abuse

@DaveInvest, Crescendo still have over 500 acres of industrial land bank in Johor. Special dividends soon! Be patient. Profit taking is normal. Will fly after that

Posted by DaveInvest > 1 day ago | Report Abuse

@Bullstocks888

Yep agree with u, somemore there should be leftover land nearby where they can lock more deals in, then they can centralize facilities and infrastructures, then the spillovers from the developments will raise the surrounding land value as well.
In an article somewhere, I believe I read that Crescendo have some say to those basic infra as well.

Posted by newuser999 > 2024-05-02 12:22 | Report Abuse

Microsoft to invest RM10.5bil in Malaysia, says Miti
https://www.freemalaysiatoday.com/category/nation/2024/05/02/microsoft-to-invest-rm10-5bil-in-malaysia-says-miti/

Posted by soon9913 > 2024-05-02 13:12 | Report Abuse

ya lo Microsoft plans to invest RM10.5b on the land that crescendo sold to them.. it will benefits the company in long run also, imagine the value of the unsold lands

Posted by ConstructionMinion > 2024-05-02 13:50 | Report Abuse

But share price drop 3%. Must be invest elsewhere

Posted by ConstructionMinion > 2024-05-02 13:51 | Report Abuse

Nusajaya tech park paragon globe and uem sunrise

Posted by soon9913 > 2024-05-02 13:53 | Report Abuse

microsoft ady bought land from this counter la apa .. haha

Posted by ConstructionMinion > 2024-05-02 14:11 | Report Abuse

Can invest this money on other land and leave this one empty. Microsoft can invest RM0.75 billion here and RM9.75 billion elsewhere. On UEM Sunrise land beside GDS too

Posted by Invest_888 > 2024-05-02 15:16 | Report Abuse

Since dropped below RM3.61, this counter need some days to stabilize, maybe it will be a good price for buying.

Posted by newuser999 > 2024-05-02 15:53 | Report Abuse

current roadblock at 3.50 and 3.60. Most transaction today at 3.48.

Posted by ConstructionMinion > 2024-05-02 16:36 | Report Abuse

Ok, I will buy some

Posted by ConstructionMinion > 2024-05-02 20:57 | Report Abuse

Those with 3 mil Cresendo shares will cry today

Posted by soon9913 > 2024-05-03 16:04 | Report Abuse

keep until next year price may double again.... they will launch project next to RTS station

Posted by Invest_888 > 2024-05-03 16:31 | Report Abuse

The GDV project that next to RTS station is very important. How about the profit after tax?

Posted by soon9913 > 2024-05-05 09:36 | Report Abuse

U got to ask yourself whether many vacant lands surrounded RTS? And whether buyers willing to pay high price to own units at that area that walking distance to RTS

Posted by soon9913 > 2024-05-05 09:37 | Report Abuse

If demand and selling price is not issue, profit will not be issue also.

Posted by silentWolf > 2024-05-05 10:43 | Report Abuse

drop with low vol..flush out weak holder? sold half 3.8x area..wait to buy back at 3.2x area..posible?

Posted by Invest_888 > 2024-05-05 21:18 | Report Abuse

Drops to 3.2 is possible if current trend still going on.

Posted by calvintaneng > 2024-05-06 00:12 | Report Abuse

TSH RESOURCES VERSUS UEMS, KSL & CRESCENDO, Compare & Contrast Their ASSETS VALUE & Potential, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-06-story-h-181959240-TSH_RESOURCES_VERSUS_UEMS_KSL_CRESCENDO_Compare_Contrast_Their_ASSETS_V

Posted by newuser999 > 2024-05-06 11:55 | Report Abuse

someone keeps on dumping the share, push up the price for few ticks then dump again. It still not the right time to buy in

Posted by newuser999 > 2024-05-06 14:45 | Report Abuse

6,605 lots are queueing at 3.45. Likely the stock is temporary pressed at low price for their collection.

Posted by newuser999 > 2024-05-06 15:07 | Report Abuse

@Daveunvest - there are 6,605 lots with 8 queues at price 3.45.
Who else has such money at RM 2.28 mil? absolutely it's not retailer, but market players.

If my prediction is correct, Crescendo will back to above 3.45 soon.

Posted by Raymond Tiruchelvam > 2024-05-06 15:45 | Report Abuse

someone shd do a 50MA against 10MA movement tech analysis...... to gauge the bottoming before deciding... any tech analyst here?

Posted by newuser999 > 2024-05-06 22:31 | Report Abuse

@ Raymond Tiruchelvam
Technically, the trend breaks 10 MA an 20 MA. It always not a good sign for a stock which breaks 20 MA. However, the good thing is the volume is less than 1 million in past 4 trading days. No change in fundamental.

Posted by cheated > 2024-05-06 22:35 | Report Abuse

Where is ks55? Sold after cheating people?

Posted by newuser999 > 2024-05-06 22:36 | Report Abuse

@DaveInvest

I trade other stocks while watching him playing solo. Once the price stable with low volume, I will come back to collect at low price

Posted by Raymond Tiruchelvam > 2024-05-07 05:31 | Report Abuse

Thx newuser999

Posted by Invest_888 > 2024-05-07 09:52 | Report Abuse

Bought some at RM3.4. Crensdo fundamental strength is great plus property sector in JB is fantastic.

Posted by newuser999 > 2024-05-07 11:05 | Report Abuse

@Daveinvest

I am a medium-term investor for this counter, aiming for its dividend after selling 18 pieces of land totaling RM 675,655,617. It provides the opportunity to collect whenever the price has discount.

Let's see whether the price can reach 3.45 today. If yes, high chance the price continue up tomorrow.

Posted by newuser999 > 2024-05-07 11:21 | Report Abuse

@ Raymond Tiruchelvam

Welcome.
10 MA is mainly for very short term trading.
20 MA is considered a "lifeline" to exit (if breaks below) or to enter (if stands above).
50 MA is for medium term investment
200 MA is for long term investment which frequently adopted by fund manager. Fund managers won't buy a stock if the price is below 200 MA.

For advance,
10 MA cross 20 MA - short term bull
50 MA cross 200 MA - golden cross for big bull

Do take note that TA is mainly helping you to buy and sell at the optimum time (can't use "right time"). Anyone knows TA can "draw" a chart and play a fool with you.

If you aim for short term play, focus on 10 MA instead. Otherwise, fundamental is still the core part.

Posted by newuser999 > 2024-05-07 11:24 | Report Abuse

@ DaveInvest
LOL... he might be watching us now......XD I will definitely collect more if he dare to dump below 3.19

Posted by Invest_888 > 2024-05-07 17:47 | Report Abuse

Could see the queue for sale with volume 674900@ RM3.45 & the queue for buy with volume 107300@RM3.38. For me both queue might be the same person.
Anyway, at least it is good day for Cresndo share price today.

Posted by newuser999 > 2024-05-08 10:11 | Report Abuse

Clearly seen that the market player is controlling the price at 3.30 - 3.45. Would be sideway for a period. We shall await for QR at end of June.

Posted by Raymond Tiruchelvam > 2024-05-08 12:46 | Report Abuse

thx for the MA info @newuser999 ..... cheers

Posted by ConstructionMinion > 2024-05-09 00:21 | Report Abuse

Paragon Globe is a better data center counter now. RM200 million market capitalisation sell land RM200 milllion. The whole company is free

Posted by ks55 > 2024-05-09 18:55 | Report Abuse

https://klse1.i3investor.com/quoteservlet.jsp?sa=ss&q=CRESNDO

CRESCENDO CORPORATION BERHAD ("CCB")
DISPOSAL OF LANDS BY PANORAMIC INDUSTRIAL DEVELOPMENT SDN BHD ("PID"), A WHOLLY-OWNED SUBSIDIARY OF CCB TO YU AO SDN. BHD. completed today total payment rm 112.77 million. Will reflect in Q2 result.

Posted by Goldberg > 2024-05-09 19:42 | Report Abuse

Crescendo Corp Bhd’s (CCB) wholly-owned subsidiary Panoramic Industrial Development Sdn Bhd is selling nine parcels of freehold vacant land measuring about 82,496.4 sq m in Johor to Yu Ao Sdn Bhd for RM112 mil cash.

CCB is expected to record a consolidated gain after taxation of about RM68.33mil from the sale.

Posted by Invest_888 > 2024-05-10 12:12 | Report Abuse

Selling pressure is still presence but it is becoming weaker.

Posted by investor77 > 2024-05-11 15:41 | Report Abuse

Patiently waiting for end June, results out. Q1/25, tentative eps of 50cents from land sales profit, on 280 mil shares. Will this case a re rating of Crescendo s price ? Price above RM4 ?

Posted by newuser999 > 2024-05-14 06:34 | Report Abuse

5/6 of the queue at 3.45 yesterday was traded, left 945 lots. Looks likely Cresndo will break this resistance today.