MGB 1st QR25 should be out soon

Nice!

Good to see potential JV with a strong partner like Oriental Holdings Berhad.

What is your avg. position?

Downtrend due to number of factors:

1) Volatility of Global Economy due to Tariff Wars.

2) Delayed project launches, due to lengthy approval process, which caused the Company not able to meet the1.8 billion revenue target in YR'24

3) A few big projects with the state government either in KIV stage or dropped out, such as the bidding for Johor LRT Project and Melaka Gateway Project

4) Lastly market sentiment is not very encouraging now. There is still much uncertainty on how Malaysia & Regional Economy will turn out for this year. So from what I understand is that some investors are pulling out from Stocks and redirect fund into Bonds for safer investment, and LBS does have Corporate Bonds as well which offers attractive interest rates.

In summary, what attracts me to LBS is that I see an undervalued Company with much potential ahead. They have good fundamentals, and has quite a number of promising prospective projects consisting of the core business (i.e. property development), as well as new ventures into other industries, such as Shipyard, Renewable Energy, and more recently the latest announcement of joint venture into Aerospace industry with CGWIC & PKNP.

Internationally, the Company has strong connection with China counterparts and a growing presence in Saudi Arabia.

Everyone has their own opinion of the Company. For me personally, I like this Company because they have long term vision and in comparison to other Companies within same industry, they dare to try to explore and venture into newer things and they don't "hop on the bandwagon" of the current trend like others.

Management wise, most of the top management are family members and from what I can see, they all work very closely with one another, which is rare to see nowadays in family empires.

LBS might be smaller compared to other players, but I see potential and any investment in LBS has to be a long term game.

Of course, this is just my opinion and view. Is important to do own research & analysis.

yea :)

Anyone going for the AGM?

All waiting for OPR decision.

This counter so dead.

So far steady.

Keeping fingers crossed.