LBS BINA GROUP BHD
KLSE (MYR): LBS (5789)
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Last Price
0.53
Today's Change
-0.01 (1.85%)
Day's Change
0.53 - 0.54
Trading Volume
4,232,100
Financial
Market Cap
858 Million
NOSH
1,619 Million
Latest Quarter
30-Sep-2024 [#3]
Announcement Date
29-Nov-2024
Next Quarter
31-Dec-2024
Est. Ann. Date
21-Feb-2025
Est. Ann. Due Date
01-Mar-2025
QoQ | YoY
382.29% | 315.43%
Revenue | NP to SH
1,748,051.000 | 268,780.000
RPS | P/RPS
107.98 Cent | 0.49
EPS | P/E | EY
16.60 Cent | 3.19 | 31.33%
DPS | DY | Payout %
2.60 Cent | 4.91% | 15.66%
NAPS | P/NAPS
1.05 | 0.50
QoQ | YoY
89.37% | 107.77%
NP Margin | ROE
16.66% | 15.81%
F.Y. | Ann. Date
30-Sep-2024 | 29-Nov-2024
Latest Audited Result
31-Dec-2023
Announcement Date
30-Apr-2024
Next Audited Result
31-Dec-2024
Est. Ann. Date
30-Apr-2025
Est. Ann. Due Date
29-Jun-2025
Revenue | NP to SH
1,828,456.000 | 140,271.000
RPS | P/RPS
112.95 Cent | 0.47
EPS | P/E | EY
8.67 Cent | 6.12 | 16.35%
DPS | DY | Payout %
0.00 Cent | 0.00% | 0.00%
NAPS | P/NAPS
0.91 | 0.59
YoY
11.08%
NP Margin | ROE
8.70% | 9.57%
F.Y. | Ann. Date
31-Dec-2023 | 21-Feb-2024
Revenue | NP to SH
1,530,028.000 | 309,638.666
RPS | P/RPS
94.52 Cent | 0.56
EPS | P/E | EY
19.13 Cent | 2.77 | 36.09%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
137.57% | 123.9%
NP Margin | ROE
21.80% | 17.83%
F.Y. | Ann. Date
30-Sep-2024 | 29-Nov-2024
Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
| Date | Financial Result | Financial Ratio | Per Share Item | Performance | Valuation (End of Quarter) | Valuation (Ann. Date) | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| F.Y. | Ann. Date | Quarter | # | Revenue | PBT | NP | NP to SH | Div | Net Worth | Div Payout % | NP Margin | ROE | NOSH | RPS | Adj. RPS | EPS | Adj. EPS | DPS | Adj. DPS | NAPS | Adj. NAPS | QoQ | YoY | EOQ Date | EOQ Price | EOQ P/RPS | EOQ P/EPS | EOQ P/NAPS | EOQ EY | EOQ DY | ANN Date | ANN Price | ANN P/RPS | ANN P/EPS | ANN P/NAPS | ANN EY | ANN DY |
PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.
NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.
Div Payout %, NP Margin, ROE, DY, QoQ ⃤ & YoY ⃤ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.
All figures in '000 unless specified.
Discussions
18 people like this. Showing 50 of 3,999 comments
Based on the unit holded by Alfred, I think he have invested RM 1 million in this counter.
1 month ago
Yea, this year 3rd QR a bit slow compared to last year.
But should be ok, because MGB has already reported a good QR, and most of other Property Developers have also reported good earnings in 3rd Quarter, which is a positive indication in the Property Industry.
I truly understand a lot of retail investors are nervous because the current market price of the share is quite bad.
Sometimes, the market share value of the Company does not match the actual fair value, and may require some patience.
Now is the time where it truly test our faith in LBS. Apart from looking at fundamentals, another way to help bolster our faith in LBS is by taking a trip to see their Scapes Hotel, M3 Mall, Housing sites, Industrial Development sites, as well as other developments under MGB, and see for yourself what your money is investing in.
Recently I had a retreat with my wife to LBS SCAPES Hotel and it was very pleasant. The roads leading to the hotel is unpleasant due to ongoing constructions by other developers, but once reached the Hotel, it was quite a pleasant stay.
3 weeks ago
Tan Sri is still purchasing his own company shares so that is some relief.
LBS price is still not going up and gradually slipping. Before this we know KWAP was behind it, but right now no news of KWAP disposing, so perhaps is someone else with large shareholdings that is trying to press the price down lower.
3 weeks ago
LBS wild card - Theta Edge now in the LBS–Ancom–Sinar Bina–BTS consortium, the collaboration would also contain an ART proposal on top of the JB LRT as Theta Edge is proposing ART for the three lines radiating from Johor Bahru (Skudai, Tebrau and Iskandar Puteri)
3 weeks ago
It will not be 100% LRT because it will take too long to finish and now is already nearing end of 2024.
It will also not be 100% ART because ART is not 100% reliable, as evidently seen in Indonesia, returning the ART back to China.
So it will be a hybrid of two systems, which is still beneficial to LBS. So yea, the LRT/ART project is consider a wild card.
Hopefully Putrajaya give green light soon, if they hope to match completion date with RTS.
3 weeks ago
Don't get hopes high for share price to shoot up.
If 3QR is good, it might cause price to go up a little, but not by much.
The overall stock market locally and regionally is quite weak.
Don't think we will see any real action until sometime around Feb'25, when 4th QR comes out.
3 weeks ago
Based on 3rd Quarter to 3rd Quarter comparison, LBS revenue is much lower.
This is mainly due to slow approval process on its project which caused delayed project launching, as well as due to the disposal of the Zhuhai Circuit.
Despite lower revenue, the disposal is a positive and strategic move because it helped to reduce gearing ratio and improve cash flow. And on top of that it was a profitable divestment, which allowed the Company to share the disposal profit through a special dividend of 2.6% with its shareholders.
As of 28/11/2024, LBS has 3,746 acres of landbank, an increase by 1,060 acres from 2,686 acres as reported on 31/07/2024. This is another positive note to highlight, to show that LBS still has a strong pipeline of development projects ahead.
Apart from Property Development which accounts for majority of its revenue, the LBS Group is also venturing into renewable energy: Solar & Hydrogen which will most definitely play an important role in the future to come as more clean energy is demanded with the rising demand for Data Centers in Malaysia, and this will also create a new sustainable source of revenue for the Group.
As of 30/11/2024, MARC still retains its rating AA rating on LBS's 750 million Islamic Medium-Term Notes Programme with a quote "Stable Outlook"
Overall despite economic challenging times, LBS Group is still holding a steady ship under the leadership of Tan Sri Lim Hock San, and we hope major investors will see a hidden gem in this Company and take up the shares where KWAP left off. Till today, the share value is still very much undervalued.
2 weeks ago
As of date, I am still holding on with an average price of 0.804 and 1,337,500 units.
Plan to stock up more units in near future :)
2 weeks ago
I have just realized that KWAP has been heavily purchasing Top Glove shares.
I cannot say if is related, because KWAP is a big pension fund agency and they have shares in so many companies, but one thing for sure is that they have been buying a lot of Top Glove, and the funds have to come from somewhere.
So presumably whatever KWAP dispose in LBS, the proceeds is used to fund for the purchase of Top Glove.
Not sure what they see in Top Glove considering that their performance is not that good since the covid pandemic, and no dividend payout for 2 years already.
I am just theorizing there might be some relation considering that Tan Sri Lim Hock San & Tan Sri Lim Chee Wai are good friends with surname Lim.
2 weeks ago
Yea just keep holding and average down.
Nothing much else can do, until KWAP or the unknown cockblocker stop pressing the price down and bullying everyone.
2 weeks ago
Now impossible to reach level 6.
KWAP was diverting fund from Mahsing and LBS to Top Glove.
Dont know why KWAP so interested in TOP Glove.
2 weeks ago
Doesn't really matter. Screw KWAP
As long as LBS is performing, with sufficient projects, landbanks and keep issuing dividends, we just keep buying to support the Company and Tan Sri.
A day will come when LBS will gap up.
Truly cannot deny the fact that this company is super undervalued. So buy as much as possible and wait for the day we fly to the moon.
2 weeks ago
Today is last day to buy if want to get the special dividend.
Till today, there is still someone keeping the price down. Someone is trying to maintain price @ 0.570 & 0.575
1 week ago
Tomorrow is ex date, why they still want to press down the price.
Any explanation ??
1 week ago
No idea bro. The only logical reasoning and possible scenario are:
1) LBS is pressing price down, to allow its JV partners to buy in. Maybe there is "behind close door" business arrangement with regards to the several JV Projects they are spearheading along side other Companies.
or...
2) KWAP is pressing price down for the possibility of wanting to return back to LBS at a favorable price in the future. We know for a fact they moved a lot of funds to Top Glove, and some of their funds come from disposing LBS.
You guys got any other theory?
1 week ago
Collect as much as possible. It might gap up next year.
Updates on notable projects to look forward in 2025, that will benefit LBS:
1) LBS new venture into RE Sector: Solar Farm
2) LBS new venture into RE Sector: Hydrogen Plant
3) LRT / ART Project in Johor
4) Land Reclamation Project in Melaka
5) Shipyard Project in Melaka
6) National affordable housing project worth RM 13 billion. *(PMX to announce in Jan'25). LBS is one of the pioneers in affordable housing, so chances of being part this national project is highly likely.
2 days ago
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alfredloo90
Just bought additional units today. Current average @ 0.805 (Units: 1,333,500)
1 month ago