Alfred Loo

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Fame: 460
Current Portfolio:
LBS: 1,290,000 @ 0.814

Joined Feb 2022

Comments

lol....Indonesia is planning to return the ART.

https://www.thejakartapost.com/indonesia/2024/11/14/indonesia-to-return-art-units-to-china.html

Hopefully Putrajaya and Johor State Gov sees ART as potential failure, and should instead opt for LRT, to complement the nearly completed RTS.

LRT is more expensive than ART but more reliable and good investment for JB State in the long run.

Fingers crossed LBS gets the LRT project.
2 hours · translate
New MOU involving hydrogen plant
4 days · translate
Sapura days are numbered.

It is no longer a sinking ship. It is a ship that has already sunk to the bottom of the sea.
5 days · translate
**The sound of crickets**

What the hell with SenHeng
5 days · translate
Good QR

SNS is expected to have a good QR as well.
5 days · translate
lol,.... just posted comment about Zhuhai deal, and the announcement just came out that it has completed. :)
1 week · translate
Possible of further decline below 0.56 in short term.

There hasn't been any buy back for quite some time already by the Company and Tan Sri.

Without SBB and strong investor to step in, price is sure to go down lower.

Maybe will see some buying interest if LBS can close the Zhuhai deal soon.

7 days till deadline to close Zhuhai deal

14 days till 3rd QR comes out.

As usual MGB Berhad QR will come out first, then followed by LBS. If MGB Good QR, then should reflect the same in LBS.

*(fingers crossed)*
1 week · translate
Not much action now because all waiting for 3rd QR results to come out.
1 week · translate
The extension of time is 2 weeks, which means the finalization of the disposal of Zhuhai International Circuit is nearly at its completion stage.

Good news or bad news depends on individual perspective.

To me it is good news, because the disposal deal is going forward and almost complete. After successful disposal, LBS gearing ratio will reduce and cash flow will improve, to focus on existing and future projects. Hopefully there will announcement on special dividend just like last time.
2 weeks · translate
Be prepared, price might go lower by Friday or next week. Expected range 0.53 - 0.55

I have collected some @ 0.580, 0.575, & 0.570. The lower it goes the better for all of us to average down.

Happy bargain hunting.
2 weeks · translate
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