Becareful with NCT. It might look attractive that the price went up by a lot, but if we look closely, this Company has a very small portfolio of projects despite so many years of operation, which shows slow growth. Looking at their annual P&L and Balance Sheet, they are actually a very small Property Developer, so it make no sense that their share can be valued at RM 0.65. Current price of 0.65 is considered overvalued in comparison to other peers in the Property Development Industry. Company like Avaland is smaller than LBS, but bigger than NCT and on top of that Avaland has better project portfolio & earnings, but share price is only at 0.245. So it is impossible 0.65 is the fair value for NCT. I strongly believe NCT is overvalued.

NCT is operated by the Yap family and the Directors are mostly family members. If we look at the Shareholding Changes, we can clearly see a lot of buy & sell activity among Directors & their own investment holding company (YBG YAP CONSOLIDATED SDN. BHD). This is clearly a pump & dump Company.

Patience & think long term. Daily price movement is just a distraction.

Next good news I am looking forward to is the "strike off" of the litigation case, which we will know soon in November 2025.

At this point I don't care what is the price, because I am thinking long term. As long as LBS & MGB keep having good news and keep growing. The future is promising for both the Group & Investors.

I think one of the next big project they will announce in near future is with regards to Plantation Project. Still too early to be sure, but I saw they have a new subsidiary called LBS Agro Farm Sdn Bhd in the Corporate Structure. The whole Group is slowly diversifying its business into other areas.