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not surprise Q2 result will back to 80-100M range as the Q1 report probably low is because the dividend reinvestment scheme. Management also wish to use cheap price to get back own shares.
i am not sure Q2 result, but I know august Riveria garden 268 units sold out, not include July and September result, you can estimate the 3rd quarter result already, cheers
R R, need to be carefully coz KYY goreng it up.... U won know what's next... Last year, he goreng it up and then dump the ticket, the end he say he get margin call....
Dex Ng, it doesn’t make sense. If he goreng up and dumb, how he gets margin call leh? I suppose is he non stop buying up and suddenly market U turn he kena margin call. For now, ksl has no issue on earning because from April till today, they launched at least 4 projects. The earning for coming quarters will be sustained. For Q1 2025 result suddenly drop, it makes sense for the dividend reinvestment scheme. The management won’t hope to use expensive price to subscribe back their share. So they can purposely don’t launch any project in Q1 to report wake quarter so that the share price continue weak for the low reinvestment share price. If one go count, the management take at least RM50M dividend and they have reinvested it at RM1.35, now the share price is 2.68, so their RM50M become close to RM100M.
