Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
LBS Bina need a new major shareholder to replace KWAP.
KWAP seems to be disposing a lot of shares not only in LBS but other share counters as well, such as SP Setia. But for SP Setia they are lucky because whatever KWAP dispose, EPF 'sapu' up.
Not sure if we have reached lowest point, but I think is safe to start collecting some additional units, especially for those of us stuck at high level.
We will never know KWAP reason for the disposal of LBS.
KWAP is a very big organization with loads of investments everywhere. So we will never know for sure what is the reason.
I have checked most investment forums, and all retail investors are in the dark.
At the moment, all we have is speculations and theory, with nothing concrete.
Some retails investors have left LBS, and some still holding on with nothing but the Company's fundamentals, current & future projects of the Company to comfort those of us still remain. All we can do is now, especially those stuck at high level to average down and keep holding until things turn around for the better.
Alfred, got some observation, normally the price low, the company or the boss lim will buy back some shares...but recently the kwap keeps on throwing..the company or boss Lim didn't buy ..
Jason. Slowly dumping the shares is a strategy that promoters/operators used so as not to cause a panic sell-off. Many ppl seeing this will continue to BAG-HOLD the shares and even BUY more to average their cost, in hope of reversal. Ha ha
Don’t be dumb,guys. Big investors simply adjust their portfolios at the end of the year as usual. So just allocate your portfolios wisely and go to sleep.