Alfred Loo

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Fame: 651
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Joined Feb 2022

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Everything look good on paper only, but execution wise is shit
3 days · translate
LBS execute project very slow and always find creative words to explain bad new into good news. Their so called 8x8 strategy is a failure as they cannot even hit the target they set each year
3 days · translate
Best to stay away if you don't have the stomach for long term
4 days · translate
If sell now, we have to realized our losses because quite a number of retail investors stuck at 5th, 6th & 7th floor.

Nothing much can do, except sit, wait & average down. Is actually not a surprise that first half result is not good, as the Management has expected it to be so and mentioned it in the AGM. 2nd Half of 2026 might be slightly better, but the true performance can only be seen in 2027, once LBS launch Kwasa Damansara. This is the "Golden Goose Egg" in LBS portfolio now.

On one hand we want to curse @ LBS, but if we look at other share counters, most are not performing as well. Other companies might have better financial performance, but share price is downward trend.
1 week · translate
Share price dropped because of allegations that Zetrix (formerly known as MyEG) might be link to ex-Human Resource Minister corruption case.
1 week · translate
Holy shit, what happened....???

Company is making money..why drop?
1 week · translate
Hibernate & see next year when Kwasa Damansara is launched
1 week · translate
This counter is not very attractive and lacks liquidity. Buying this and you will be stuck
2 weeks · translate
I rather they keep the special dividend and use that money to fund for Kwasa Development or exploring recurring income business.
2 weeks · translate
It is not a norm for LBS to issue dividend within the same year as the current financial year. Historically they would declare dividend after year ends closing, with exception of special dividend. While I welcome the dividend payout, I would much rather they keep the money for reinvestment, given the challenging economic times we are in right now. LBS order book has been dwindling and so are their revenues & net profit. Either the Management is very confident of future projects to come that they are willing to issue this latest dividend or they have nothing much ahead and this latest dividend announcement is to try to retain investors & not cause investors to panic. LBS has many potential projects but it is always delayed or postpone. Till date, the Solar Farm project has yet to be completed. It was stated to complete in December 2025, and now is already Aug 2026. Apart from this the Management should really take it seriously to find more recurring income and reduce heavy reliance on Property Development & Constructions.
2 weeks · translate
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