Alfred Loo

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Fame: 570
Current Portfolio:
LBS: 1,539,300 @ 0.770

Joined Feb 2022

Comments

Win for the little guy against a big bully like Kerjaya
1 hour · translate
I think what they need to do is to have more share buy backs and reduce the number of outstanding shares in the market.

Right now there is too many outstanding shares and no strong buyer interested, which cause LBS to be stagnant.
6 days · translate
Other developers that are not as big, or not performing as well as LBS can have better rebound.
6 days · translate
Hard to rebound if someone keep pushing it down.
6 days · translate
No. LBS only has one mall in KL & one hotel in Genting
1 week · translate
SPSETIA back to square one. Those who didn't sell when it was high, GG liao.
1 week · translate
LBS has long way to go to become like KSL.

No doubt, LBS has potential but they need to find, diversify and strengthen other sources of recurring income, other than Property Development & Construction. At this point in time, LBS rely too heavily on this two segments for income. The main issue with these two segments are the high risk of exposure to weak property demand, macroeconomic policy changes, delay project launches...

Unlike LBS, KSL on the other hand has strong other sources of recurring income, and at the same time, they have plenty of land in Johor bought at very cheap price, hence it gives them better net profit margin & competitive advantage.
2 weeks · translate
First time LBS higher than MGB.
2 weeks · translate
LBS so active early in the morning.

Any good news?
2 weeks · translate
Come November, when High Court strike off the litigation case against LBS. Hopefully price will go back up to 5th or 6th level.
3 weeks · translate
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