Alfred Loo

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Fame: 543
Current Portfolio:
LBS: 1,530,000 @ 0.771
Joined Feb 2022

Comments

Alfred Loo replied to comment on LBS.
Ex date is cut off date for dividend payout.

Usually price will go down a bit based on the dividend declared. Gary said he wants to queue for 0.42 and hope for match today but chances are low, maybe tomorrow higher chances can get 0.42 on ex date. But on ex date not eligible for div., but can get cheaper price.
5 days · translate
Alfred Loo replied to comment on LBS.
Queue tomorrow. Cause tomorrow is the ex date
5 days · translate
Alfred Loo replied to comment on LBS.
LBS very active today
6 days · translate
Alfred Loo replied to comment on LBS.
If LBS can secure 3/4 of the mentioned high value prospects, then it will shine brightly to attract major investors.
1 week · translate
Alfred Loo replied to comment on LBS.
Looking at the current grim economy and market volatility. Don't have high hopes of a rebound until 4Q25 or 1Q25.

There are a few high value prospect projects that need to be secured by LBS to re-attract big investors:

1) LOI with CGWIC & PKNP to develop Spaceport in Pahang

2) MOU with Sabah state to develop 10GW hydrogen plant.

3) MOU with Oriental Holdings to develop a mixed development worth RM 7 billion GDV in Melaka

4) MOU with Melaka state on land reclamation projects
1 week · translate
Alfred Loo replied to comment on LBS.
Ex Date coming soon. If got extra money, buy more to average down.

SST on Contruction come July, is severely affecting Property Development sector.
1 week · translate
Alfred Loo replied to comment on LBS.
Counter is not shit. It is Malaysia economy shit.

Gov keep making things harder by increasing tax, removing subsidies, and ineffective fight against corruption...

So much national fund wasted and now the rakyat and business have to pay for it. cib@i

Economy so shit until rakyat have to take out EPF.
1 week · translate
Alfred Loo replied to comment on LBS.
SST is a double edge sword.

I hope SST will shift higher market demand for affordable homes, which is something LBS is specialize in.
1 week · translate
Alfred Loo replied to comment on LBS.
Quite a number of investors also stuck around 7th floor.

I am also at 7th floor. Nothing much we can do except keep holding, average down if got extra cash and keep collecting dividends.

Economy now very bad, most stocks are in red.

I understand the feeling bro. Whenever I have doubt I do site visit at their properties and project sites to reaffirmed myself.

If you are shareholder come for the upcoming AGM.
1 week · translate
Alfred Loo replied to comment on LBS.
Latest down is due to implementation of SST for Construction industry effective 1st July, which will have direct impact on Property Developer.

LBS is still a good and well managed company, but with many challenges ahead. It is already June and the share price hasn't improved so don't think we will see any improvement until end of year, maybe.
1 week · translate
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