Commenting on the results, LBS group executive chairman Tan Sri Ir Dr Lim Hock San said, “Market conditions continue to be influenced by geopolitical developments and persistent cost pressures, while homebuyers are adopting a more considered approach to their purchasing decisions.

“In response, we are pacing our launches in line with market demand and assessing each project based on its product positioning, pricing and timing.
“We remain disciplined in our launch planning and will not bring projects to market solely to meet predetermined timelines.”

He added, “While profit contribution moderated during the period, the group remained profitable and financially resilient.

Hor kar chai sold some at 0.575 earlier. Ah boh pen oh chen Leow lol

How to invest… the price keeps going up… I still think 1.60 will be the ideal price but need to be patient to wait till the cow comes home lol

This stock really puah seon leow unless next Friday 2QR is much better than last QR…

Based on yesterday the chairman comments, 2H wouldn’t be that rosy. LBS could further delay certain projects due to the current market sentiment.

Oon Oon char bee Hun at 0.54

I concurred with you that the dividend declared is to pacify the investors so that no panic selling

OMG! Such a disappointing 2QR…worse than 1QR… Ci pak chiak lat…

Next week will be the 2QR released and hopefully a surprise or better QR than previous 1Q…

Huat Ah! A record breaking dividend declared ie 6.28 sen. Almost 100% payouts. What an Excellent QR!!!