LBS Bina is poised to resume the upside movement after it climbed above the resistance. The counter has crossed above the 21-day SMA line and closed above the MYR0.66 resistance to confirm a bullish setup. This latest breakout suggests the bullish momentum is gaining traction. The stock should continue to travel towards the next resistance at MYR0.70, followed by the MYR0.745 level. On the flip side, falling below the MYR0.62 support resumes the downwards movement.

RHB Securities Research (24/09/24)

In the past one year, here is the estimated share purchase and disposal:

*LBS Share Buy Back: 5,398,100 units of shares
*Tan Sri Purchase: 5,528,000 units of shares

**Datuk Wira net Disposal: (10,000,000) units of shares
**KWAP net Disposal: (17,773,777) units of shares

Despite there were major disposal by Datuk Wira & KWAP in the past one year, but the Company itself & Tan Sri are steadily and continuously buying up the shares.

As of date, most 3rd party analyst have the same conclusion which is both LBS and MGB are significantly undervalued.

I think at current price now or any lower is worth collecting as much as possible.

√(100×0.0898×0.027)
= Ringgit 0.4924022746

Ringgit 0.4924022746 是个玄之又玄之数字。

玄在哪里？

玄在：

P/E
= 0.4924022746÷0.0898
= 5.4833215427

DY (%)
= 100×0.027÷0.4924022746
= 5.4833215427

P/E = DY (%) @ Ringgit 0.4924022746