CRESNDO (6718): News and Blogs

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.

1 month 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

1 month 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

1 month 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

1 month ago

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

1 month ago

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.

1 month ago

Luen07

等公司发展赚钱，又是3，5年后的事了。

1 month ago

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

1 month ago

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

1 month ago

Diamond7

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!

1 month ago

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.

1 month ago

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.

1 month ago

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.

1 month ago

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

1 month ago

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

1 month ago

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

1 month ago

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

1 month ago

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

1 month ago

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

1 month ago

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

https://theedgemalaysia.com/node/730413

1 month ago

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

1 month ago

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

1 month ago

Last day to buy cum dividend

1 month ago

chamlo

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

1 month ago

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

4 weeks ago

StarOfTheBull

Another stock selldown due to ex dividend.

4 weeks ago

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)

4 weeks ago

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

4 weeks ago

WhiteMagic

LOL, rubbish counter.

3 weeks ago

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

3 weeks ago

cheated

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

3 weeks ago

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

3 weeks ago

WhiteMagic

See what I mean about rubbish.

3 weeks ago

newbie2024

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

3 weeks ago

CUTLOSS

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

3 weeks ago

WhiteMagic

See what I mean about a rubbish stock.

3 weeks ago

investor77

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.

3 weeks ago

Yezzy99108

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

3 weeks ago

bankrupt

ks55 where is he? Why no promote here?

3 weeks ago

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.

3 weeks ago

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

3 weeks ago

newuser999

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

2 weeks ago

newuser999

final support 1.07

2 weeks ago

Yezzy99108

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

2 weeks ago

lionel messi

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

3 days ago

Diamond7

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

3 days ago

investor77

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 ??

1 day ago

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.

15 hours ago