Continue drop lo… syndicate on projects? And sell lands…? that’s syndicate news to lure bilis and adding 6 sens dividen. Then after x date laosai until now. I don’t see any solid fundamentals. Two good QRs then call solid, thats too easy to build la…

Wong, many suffer paper losses after buying in as the price keeps dropping. Yet over the longer term... this company certainly has very bright prospects as its properties and land are in prime areas of Johor smack right in the promising Johor Singapore zone. Investing is not for a week or month but patiently waiting for values to emerge as good and profitable products are sold over time.

Bros, even if the FA is super good. Have to check on TA for good entry. Currently downtrend chart is hard to predict what will happen in near future, even how good it is, it should show reversal hammer but it keep breaking new low. If you aware, it was already broke the few previous support and it show the danger sign. But ppl tend to imagine it is a good FA counters and waiting for big up candle. I hope the big candle is coming soon, but the chart show keep selling, I rather wait for good reversal and stabilise to enter this good FA counters.

I don’t know the reason behind why the share price only gap down right after dividen ex date. Just give warning it might down to 0.4, it may like one year cycle, last Nov started up from 0.4 and hit 1.6 this year and dividen declaration, right after ex date it start shooting star down, every day down 2-5%. Pressing the price down or sell on news:dividen ex date?

I better don’t comment a lot, I agree that I don’t beautify my comments here. Honest advice is often unpleasant to hear.

Hope who holds or stay condo, u won’t need to wait long just to break even. Too much share speculation here. 200% up in a year, does the future prospect enough to support this?

share prices can drop for various reasons, including:

Financial Performance: Poor earnings reports or lower-than-expected revenue can lead to declines.
Market Sentiment: General market trends or investor sentiment can impact stock prices.
Industry Issues: Problems within the industry, such as regulatory changes or competition, can affect companies.
News Events: Specific news, like management changes or legal issues, can influence investor confidence.

stay tunned for reason of dropping.

Derek, I think TA will be influenced once FA is changed. My view on Cresndo is it's FA was changed when they hv good sales in multiple land sales, which generated one off gain of total 462m, in different time frame. This has changed the FA, especially it's debt condition and cash flow. Thus, I don't think it will be back to 0.40 which is before FA changed. I do think that 0.8 is a good support, which is translated from PB 0.5.

Chan, thanks and your comment is fair enough. I think the current price is way over. One time sales can’t be translated to good and sustainable FA… too early to tell that. Let’s see. Just I was surprised that the price ls drop was started right after the dividen ex date, is this a ? bilis eating strategy lol?

Property earning or valuation is complicated and only true expert can identify. But even if get the real value, yet charting represent the behaviour of market toward the counters. Better follow own strategy. From peak drop 36% to 1.11, and require >150% to break the peak. And it might require next QR Rev up to 488 mils to make it.

weekly chart show break support at 1.45. The sell down vol. by mills can’t done by individual. The dividend pay on 13/11 will drag down another 0.06. The only way to up, is pray for institutional buyback, but hard to say, if they positive on this counter, won’t throw. If they really want wash ppl out,hardly wash so sharp, unless superb rich, or smtg big behind. The another hope is the QR. If buy now, means bet on rebound, bet on next QR. But drop without surprise news, the rebound hard to catch. Let the time prove it.

from past record, usually the dividend was deducted from the share price on the day itself. Just good counter usually will up some price before the dividend payout, or go up after the dividend payout. Don’t worry, I just take it as case study on this counters. Usually, good FA counters rarely drop so sharp. And since is Johor-theme, this is quite interesting to monitor. Cheers.

thanks bro. Agreed with the catalyst. Don’t think the Shark will blindly buy a counter with unsure news. The next catalyst is end Dec on Q3, but till then have 2 mths to go. Within the period, why not wait till it stabilise, observe, monitor before get in? Every get in point must higher low right? No ppl willing to chase lower low to bet for rebound base on past FA profits right?