But is only at LOI stage: Letter of Intent

This project success depend also on the Govt if they serious or not. Sometimes collaboration project with Govt is good but got chance Govt will also U-Turn. Example Melaka Gateway. Until today not much development.

LBS work hard to bring China connection to Malaysia. I hope the Govt don't waste the opportunity.

alfred, not expert la, just sharing my view based on cart (still learning), this short and middle term still not ok as the Mas lines still heading down, unless can stand strong above 0.5, if cant then still need time to break the reverse trend :)

As per current situation now, LBS can be said quite strong and has high possibility to climb higher to reach and maintain above 0.5 in the short period. But one of the uncertainty is the coming next quarter result as it will affect it whether to continued going stronger or go south way.

In summary, what attracts me to LBS is that I see an undervalued Company with much potential ahead. They have good fundamentals, and has quite a number of promising prospective projects consisting of the core business (i.e. property development), as well as new ventures into other industries, such as Shipyard, Renewable Energy, and more recently the latest announcement of joint venture into Aerospace industry with CGWIC & PKNP.

Internationally, the Company has strong connection with China counterparts and a growing presence in Saudi Arabia.

Everyone has their own opinion of the Company. For me personally, I like this Company because they have long term vision and in comparison to other Companies within same industry, they dare to try to explore and venture into newer things and they don't "hop on the bandwagon" of the current trend like others.

Management wise, most of the top management are family members and from what I can see, they all work very closely with one another, which is rare to see nowadays in family empires.

LBS might be smaller compared to other players, but I see potential and any investment in LBS has to be a long term game.

Of course, this is just my opinion and view. Is important to do own research & analysis.

Downtrend due to number of factors:

1) Volatility of Global Economy due to Tariff Wars.

2) Delayed project launches, due to lengthy approval process, which caused the Company not able to meet the1.8 billion revenue target in YR'24

3) A few big projects with the state government either in KIV stage or dropped out, such as the bidding for Johor LRT Project and Melaka Gateway Project

4) Lastly market sentiment is not very encouraging now. There is still much uncertainty on how Malaysia & Regional Economy will turn out for this year. So from what I understand is that some investors are pulling out from Stocks and redirect fund into Bonds for safer investment, and LBS does have Corporate Bonds as well which offers attractive interest rates.

Thanks, Alfred. I noticed the rcps/PA shares been paying pretty consistent dy which is much better than the LBS share dy. and page 80 in the annual report probably summed up the uptrend (ZIC sales) and downtrend (topline and bottom line decline) of LBS share price. Good point on the family members ownership which means RPTs should be monitored closely.

Mr Alfred Loo,front see i also feel some good,but they mou project so lan biggest than company can running,important cont to cont coming,but mou only,1 also no running(biggest project)....buy i also scare,dun say make to sub company....Hahahaha

Mr Alfred Loo,i see u comment old,u have 1500 share(1500x1000) 0.7+ price of this share,this is ur small money only ar,if nothing.didint buy this price so high wow.say true this share inside asset give dividend lebih kurang jo,up so much,i think hard wow,u think this share max can up how high wow.....play so big.......