KOK KHOON LEONG's comment on CRESNDO. All Comments
KOK KHOON LEONG
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Another land sale announced. Such well kept secret. Price hardly moved prior. Great corporate governance. Another round of good result and dividend coming. Well done board and management.
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Bug Bun Ng
net RM 65M over a RM1.14B company, mathematically is 5.7% upward push. 18 NOV already 10% pushed, represent RM101M (more than this sales gain) after several days spent RM 1M on SBB... and remaining days to this announcement, it was fluctuate within ~5% range.... not every good news, will have same momentum, and possibly, already priced in by large? a month or two priced in prior quite common.
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Bug Bun Ng
a discussion that lead to a deal, normally takes that long too. party inside already all knew it liao. common sense.
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