CRESNDO (6718): Financials Summary, Key Results, Growth

6 Sept EGM - Approval
9 Sept send to Bursa for final approval for listing
12 Sept Bursa grant approval
23 Sept completion of share split
25 Sept New share ready for trading
28 Sept Q2 result out - expect to make 80 sen per share or more, announce special dividend

Up to you to buy more. I have reached my maximum quota for Crescendo. Even though I know it will perform, but I prefer to spread my risk.

1 month ago

Please be prudent. No OPM.

1 month ago

calvintaneng

Will moderate by rise of 5% to 30% construction cost due to 52% diesel price rise
Will moderate by rise of 5% to 30% construction cost due to 52% diesel price rise

So hng33

DUFU better option

DUFU (7233) OVERSOLD & TOP REASONS WHY IT HAS THE MOST POTENTIAL NOW FOR UPSIDE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-30-story-h-153147341-DUFU_7233_OVERSOLD_TOP_REASONS_WHY_IT_HAS_THE_MOST_POTENTIAL_NOW_FOR_UP

DUFU better option

DUFU (7233) OVERSOLD & TOP REASONS WHY IT HAS THE MOST POTENTIAL NOW FOR UPSIDE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-30-story-h-153147341-DUFU_7233_OVERSOLD_TOP_REASONS_WHY_IT_HAS_THE_MOST_POTENTIAL_NOW_FOR_UP

1 month ago

EGM this Friday

4 weeks ago

On the way again. Looks like no turning back this time to ex split and/or QR day. Let's party baby.

4 weeks ago

Diamond7

Brakes....out of order!
Cheers!

4 weeks ago

Dow Jones

Dow Jones Industrial Average

41,104.53

-458.55

1.10%

Nasdaq

NASDAQ Composite

17,437.50

-276.12

1.55%

3 weeks ago

3 weeks ago

EGM today approved all resolutions including share split and land sale to Digital Halo for rm 115.9 million. Estimated gain from this disposal is rm 72 million or 25 sen a share, to be completed by Oct 2024. Profit will be reflected in Q3 result ending 31 Oct 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3481745

On behalf of the Board, UOBKH 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 6 September 2024.

3 weeks ago

Get ready. Ex date for split will be announced very soon.

3 weeks ago

Share split 3:1
Ex date 24 Sept (Tuesday)
Cum date 23 Sept (Monday)
Listing date 26 Sept (Thursday)

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482477

2 weeks ago

27 Sept or 30 Sept, announce Q2 result, most likely declare special dividend 10 sen for each share after split.

2 weeks ago

Can sit down and wait for durian runtuh.

2 weeks ago

Dow Jones

Dow Jones Industrial Average

40,587.56

-242.03

0.59%

2 weeks ago

Diamond7

Share split
One into three!
24 th September Tuesday!!!

1 week ago

Diamond7

Cresendo
Better move faster....
Go...go...go....

Otherwise can't touch RM6.00 by ex date!

Is there another catalyst coming?
Directors
Are you giving us ten cents dividend after share split...??????

1 week ago

Just their bread and butter property and construction business in booming Johor is lucrative and catalyst enough. No need to look far.

1 week ago

Last 2 trading days before ex on Tuesday. Hopefully will breach 5 ringgit today, and move up more on Monday before ex.

1 week ago

Last call! Last call!
Tomorrow ex, no more entitle to free shares!

1 week ago

Am more keen to see the upcoming Q2 result. How good will it be and if got any dividend.

1 week ago

Yes. Should hold till 30 Sept to see latest QR and potential special dividend announcement.

1 week ago

Yezzy99108

Crescendo share price will face irratic & more downside now that share split will invite lots of traders & operator to pump n dump the stocks. Most stocks undergone such trend when NOSH become so affordable

6 days ago

As always the cheaper the better for long term value investors of well managed, fundamentally sound and good prospects company.

5 days ago

Professionalism and efficiency of Crescendo Management again demonstrated in its share split exercise. Declared on 23 July, completion by 25 Sept. Check to see if your split shares already admitted to your accounts. For me, mine (in 2 accounts) already fully credited.

4 days ago

Just need to wait for next QR by tomorrow (latest by Monday) to see whether special dividend to be declared and what will be the amount.

4 days ago

newbie2024

hi, anyone purchased via rakuten trade? after split, the stated purchase price was halved. shouldn't it be 1/3 of our pre-split purchased price?

4 days ago

Yes, these brokers are a confused and incompetent lot. My portfolio still shows price at pre split price. As long as the shareholding is correctly reflected that's the most important.

4 days ago

newbie2024

@lionel
thanks. called them up to look into it.

4 days ago

Move to HLIB. Reliable and trustworthy. Most important is wth Hong Leong Bank backing and transfer money out from your trading account is easy as ABC.

4 days ago

Abc 123

Good job.. 🚀🚀

4 days ago

KingKKK

Crescendo: Bulls Take Charge?

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-09-26-story-h470051361-Crescendo_Bulls_Take_Charge

4 days ago

The way it moves like got symptom of special div. Good result is foregone conclusion.

3 days ago

Q2 makes 50.4 sen per share.
Total dividend 6 sen per share.

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

3 days ago

Split 1 share becomes 3
Split has been completed on 26-09-2024
Net profit 50.40 x 1/3 =16.80 sen
Dividend 6 x 1/3 = 2 sen
As per Bursa Announcement.

3 days ago

The above illustration will be per share basis.

3 days ago

https://www.klsescreener.com/v2/news/view/1399277/crescendo-set-to-hit-record-breaking-fy2025-results-as-2q-profit-surges-over-30-fold-on-data-centre-linked-land-sales
The report on the outstanding performance of Cresendo

3 days ago

Cresendo>Crescendo

2 days ago

https://youtube.com/shorts/vQozf7198pQ?si=lyP8Q9NvAbwTZ2gD

Refer to the downloaded report above :
Additionally, Crescendo aims to launch a serviced apartment project near the "RTS TERMINAL" in Bukit Chagar in the second half of FY2025, featuring about 1,200 units with a gross development value of of RM1 billion.

2 days ago

Income

2 days ago

Cresendo is a lucky company with visionary. The project nearby Singapore would be of great demand as it is situated close to the RTS TERMINAL, a connection between Johor Baru and Singapore.
By the time of the development would to begin, I hope Crescendo would reserve certain units for the Malaysians, otherwise the Singaporeans and other foreigners would rush to grab the units.
Those working in Singapore if could afford would definitely prefer to own the units as they would have the convenience to travel daily to and fro within a short distance and could avoid the traffic jams by taking the train to and back from Singapore.

2 days ago

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.

2 days ago

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.

2 days ago

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

2 days ago

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

2 days ago

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

2 days ago

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

2 days ago

Mindy33

Hmm, it dropped some, abit of increasing selling pressure too.

but based on all the readings, it could be some big crocodile press down the price , absorb, and get ready to push up. Hold your ground.

18 hours ago