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As of half yr. nett profit already 430 mil. Crescendo say after 31/7 further sales of 260 + 116 mil. Now another sales of 120 mil. Taking Nett profit margin of 50%, based on i3investor result. so Nett profit for 3rd qtr already 240mil. Total for 9 MTHS is 430 + 240 mil equals 670 mil divided by 840 mil shares. Eps already around 80 sen. It also started Share Buy Back at 1.40 which shows Price undervalued. In 2024 alone based on 280 mil shares b4 split. div is 18 +18 sen. Totals 36sen div for Rm 4.50 price b4 split. Dividend yield already 8% !!!! There is hope that another div will be announced maybe at End Dec for Q3/25.
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.
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.
