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Extrapolate from last 2QR, est annual Rev 200- 250mil, profit 20- 25mil, Eps 23- 30c, PE 4- 5. If they can do further land sale, then it's a boost to earnings. Good luck guys
Launching SVC apartments near RTS this yr. Record sales of land. see Q3 report. Still has 2000 over acres to develop. Chairman said- will be Best Yr for Crescendo. Excerpt from Annual Report. Hope price can go above Rm 1.50.!!!
Something brewing in Crescendo !! Can be v good results from land sales, high take up of Condo v near RTS Bkt Cagar, or Share Buy Back. Anyway. lowest PE JB property share. v high Div Yield, and very good Prospects as still has 2000 acres to develop as Industrial areas or Condos.
Yup, when you include the land sale proceeds. If you factor out that, PE is abt 5. Unless of course, they are able to gain from disposal of land yearly.