SP SETIA BHD

KLSE (MYR): SPSETIA (8664)

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Last Price

1.38

Today's Change

+0.02 (1.47%)

Day's Change

1.33 - 1.38

Trading Volume

9,395,400


6 people like this.

5,448 comment(s). Last comment by FlashParadox 1 day ago

Posted by skyfalls > 2015-10-09 12:02 | Report Abuse

http://wintonisaga.blogspot.my/2015/10/liew-kee-sin-shadow-on-wintoni-sp-setia.html
The SP Setia boys are busy here, sweeping mess done on Wintoni.

Posted by Aidil Deal > 2015-10-09 15:16 | Report Abuse

Just Leave it wintoni...concentrate SPSetia,EW & which is compny involve wt oil&gas sector....

Posted by Aidil Deal > 2015-10-09 15:23 | Report Abuse

Wintoni hv insider conspiration...just leave it wintoni and dont support forever n ever..

Posted by LimFuWeng > 2015-10-20 21:58 | Report Abuse

Up up and away....New Battersea chairman

jorgsacul

283 posts

Posted by jorgsacul > 2015-10-26 17:16 | Report Abuse

who has hook up for setia eco glades for rebate????

Posted by TutupMulut > 2015-10-29 21:47 | Report Abuse

Setting camp fire mah. Yap Kok Weng is here goreng saham. Where got time watch business. http://syndicatedscam.blogspot.co.uk/2015/09/wintoni-group-demand-sp-setia-yap-kok.html?m=1

Posted by K9AttackForce > 2015-11-13 21:50 | Report Abuse

Penang property market to be resilient on sustained demand

PETALING JAYA (Nov 13): Penang’s property market is expected to stay resilient on the back of sustained demand, especially from Penangites working abroad planning to return and prospective retirees eyeing homes in the state.

“There has been a slowdown in the last year. There are a few categories of investors in Penang; those who are owner occupiers, those who are investors for the cultural developments, those who are in the Malaysia My Second Home (MM2H) and Penangites who work abroad but would like to settle in Malaysia,” said Penang Institute CEO and head of economics studies Dr Lim Kim Hwa (pictured) at the National Real Estate Convention (NREC) 2015 yesterday.

“For the last two categories, the properties in Penang would be priced significantly cheaper, thus I believe the demand in the property sector in Penang would remain rather constant,” concluded Lim during his presentation entitled “Penang: The Next Metropolis”.

In terms of the wider economy, Penang is expected to register a 5% to 6% growth in its gross domestic product (GDP), outpacing the overall country’s growth by 1%, he said, noting that last year, Penang’s GDP grew by 7.4% while Malaysia’s grew by 6%.

According to Lim, Penang contributes 21.8% of the balance of Malaysia’s trade surplus, specialising in machinery, transport equipment and miscellaneous manufactured articles.

“Penang’s economy is more export-orientated, and now there is a better demand for electrical and electronic goods,” he said.

The export sector is expected to improve with the recovery of the US economy and the weaker ringgit, he added.

“It is important that Penang provides the best environment to attract more investments. Penang is the main manufacturing and economic hub for electronic and electrical items. Bayan Lepas is already full. It is important to provide more space for industrial growth.”

Some of the projects and initiatives that are expected to contribute to this growth is the IT-BPO at Bayan Lepas, BPO Prime at Bayan Baru and Changkat Byram, south of Batu Kawan.

Other projects that will benefit Penang overall include the Penang Transport Master Plan, Penang Heritage Arts District – Ilham Penang at Sia Boey, Creative Animation Triggers at Wisma Yeap Chor Ee, and Komtar refurbishment. “All of these projects involve the private sector,” added Lim.

“The Penang Transport Master Plan (PTMP) is the catalyst to [turning Penang into a] metropolis, as it involves alleviating a lot of the problems locally in Penang, especially traffic congestion,” said Lim.

Expected to be completed in 2030, the RM27 billion project would include amenities such as trams for the heritage zones, LRT for the island and mainland, and water taxis.

Lim said Penang is on track to achieving its metropolis status.

“It is an ongoing process, and there is no deadline. Penang aims to transform into an international, intelligent city filled with life. To create a great metropolis, it has to be unique, and it has to attract people to want to live and expand the growth of the city,” he said.

NREC 2015 saw more than 250 participants from the banking, development, property and consultancy industries.

NREC is organised by the Royal Institution of Surveyors Malaysia (RISM) and co-organised by the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS).

Themed “Homes For Generations – Redefining Development Trends”, the convention highlighted concerns for the future of the real estate industry in Malaysia.
http://www.theedgeproperty.com.my/my/content/penang-property-market-be-resilient-sustained-demand

faizal

1,457 posts

Posted by faizal > 2015-11-16 12:30 | Report Abuse

too big cannot grow...spsetia market cap 8.4 billions, big tree just beauty only not realistic...let spsetia develop their all land their earning just only few hundred millions profit how to grows,small property company not same their market cap below 100 millions if their develop few hundred millions property project,small property company will rapid growth...

faizal

1,457 posts

Posted by faizal > 2015-11-16 12:40 | Report Abuse

that why some people invest 3-4 years already ,spsetia also cannot grows...

DreamKaiser

1,315 posts

Posted by DreamKaiser > 2015-11-18 17:02 | Report Abuse

WCT

faizal

1,457 posts

Posted by faizal > 2015-11-24 09:00 | Report Abuse

if you are smart investor,you will choose small property company ,at least will growth and no longer future small property company will become medium size property company...

Posted by bigBullyPantsDown > 2015-12-04 12:10 | Report Abuse

http://klse.i3investor.com/blogs/bursakingcross/87585.jsp Yap kok weng and all senior sp setia staff manipulate shares here. Gamble and no time doing work. Gone case sp setia.

Harold Huong

1,036 posts

Posted by Harold Huong > 2016-02-03 20:39 | Report Abuse

Price drop 3.1 to 2.8....still stable?

kt888 88

313 posts

Posted by kt888 88 > 2016-02-04 12:55 | Report Abuse

yes, still stable, next quarter result will be very good. Buy buy !

necro

4,726 posts

Posted by necro > 2016-02-08 11:21 | Report Abuse

Definitely SPSETIA growth phase is already done years(many years ago)...period

Harold Huong

1,036 posts

Posted by Harold Huong > 2016-02-11 11:46 | Report Abuse

I wish to buy again

Harold Huong

1,036 posts

Posted by Harold Huong > 2016-02-13 11:49 | Report Abuse

Drop a bit again, I would buy 2.78

Harold Huong

1,036 posts

Posted by Harold Huong > 2016-02-29 19:51 | Report Abuse

Nobody interest to trade these stock....

kt888 88

313 posts

Posted by kt888 88 > 2016-03-02 07:33 | Report Abuse

I'm interested !

yongch

1,104 posts

Posted by yongch > 2016-03-10 15:30 | Report Abuse

Better buy in n keep lo coz UK sales will b in account this 1-2Q report...tp4.90 !!!

hng33

20,510 posts

Posted by hng33 > 2016-03-10 16:52 | Report Abuse

bought sp setia at 2.95

hng33

20,510 posts

Posted by hng33 > 2016-03-16 14:57 | Report Abuse

Sold off all SP setia at 3.10, lock in profit

kt99

404 posts

Posted by kt99 > 2016-03-16 16:22 | Report Abuse

3.80 coming

Rica7894

165 posts

Posted by Rica7894 > 2016-04-25 20:18 | Report Abuse

SP Setia: --Attractive dividend yield proxy in property sector with 6.0% expected in FY16.--

<Dividend>
Declared dividend of 19 sen per share, this should provide short term catalyst for the stock as it represents a significant 5.9% dividend yield.
-Full year dividend to 23 sen share, translating to 7% of dividend yield in 14MFY15.


<Strong earnings visibility>
SP Setia achieved total property sales of RM4.3bn while unbilled sales stood at RM9.2bn as at end-Dec 2015. This will provide the group with about 2 years’ earnings visibility.


<Focus on affordable housings, landed properties and township developments for resilient future sales and earning.>
SP Setia will continue to focus on mid-range affordable products and township development.
-About 42% of the upcoming launches are affordable housing (i.e priced below RM300k/unit).
-SP Setia’s focus on township development will make it less vulnerable to the weaker sentiment, judging by the strong demand for its recent launches.
On top of the on-going townships such as Setia Alam, Setia Eco Park and Setia Ecohill (Semenyih), SP Setia is expected to unveil two new townships in 2016, namely, Setia Eco Templer in Rawang and Setia Ecohill 2 in Beranang.
-Concentration in Klang Valley.
SP SETIA launches are concentrated in Klang Valley with launches value of RM3.55b (74% of total launch). Within Klang Valley, Setia Alam (GDV of RM839m; 1810 units) will be the biggest contributor (24% of Klang Valley launch and 18% of Group’s total launch).

<Balance sheet>
-Strong balance sheet with net gearing at 0.18x.
-SP Setia boasts a vast land bank of 3,907 acres (worth RM71bn GDV) which will generate revenue for decades.

Femidom

6 posts

Posted by Femidom > 2016-04-29 15:49 | Report Abuse

Stable..

ivan9511

3,854 posts

Posted by ivan9511 > 2016-04-29 21:09 | Report Abuse

hi friend ,Femidom , I know Declared dividend of 19 sen per share.
however I cannot find the exdated for that , I just enter spt today, do you think I still can enjoy the dividend of 19 sen per share ?

kt99

404 posts

Posted by kt99 > 2016-05-13 08:59 | Report Abuse

dividen yet confirm

Posted by cylingpp08 > 2016-05-13 09:07 | Report Abuse

when ? how much it is?

Posted by leslieroycarter > 2016-05-16 12:54 | Report Abuse

After ex div , it will be cheaper still...

ivan9511

3,854 posts

Posted by ivan9511 > 2016-05-16 21:47 | Report Abuse

leslieroycarter when is the ex date for enjoying dividend ?
?

Kensington

158 posts

Posted by Kensington > 2016-06-04 11:24 | Report Abuse

Write a comment..In the recent announcement of rights issue of RCPS-i of RM0.01 each, the expected preferential dividend rate is stated as 6.49% p.a. Is this rate based on the par value of RM0.01 or issue price RM1.00? If it's 6.49% p.a. on the issue price, then worthwhile taking up the rights allotment.

ivan9511

3,854 posts

Posted by ivan9511 > 2016-06-07 19:28 | Report Abuse

Kensington, then Kensington actually this RI issue is a good news or bad for us ?

Kensington

158 posts

Posted by Kensington > 2016-06-10 13:16 | Report Abuse

HL Investment Bank rated the RI as neutral to slightly positive, and considered the 6.49% pa for the perpetual RCPS-i as attractive. For the time being, investors have ignored this counter because nothing has been firmed up, even the ex-entitlement date for the 19% final dividend although already approved in the last AGM.

supermix2

1,069 posts

Posted by supermix2 > 2016-06-20 04:42 | Report Abuse

Take a look please

https://s31.postimg.org/xpqmqnot7/spsetia.jpg

supermix2

1,069 posts

Posted by supermix2 > 2016-06-22 01:23 | Report Abuse

just bought some back 2 days back & now a paper gain of 10 cents, hope for more to come.

supermix2

1,069 posts

Posted by supermix2 > 2016-06-22 18:59 | Report Abuse

come tomorrow I expect it to go higher as yesterday kakis buy at 3 cents higher at matching time.

supermix2

1,069 posts

Posted by supermix2 > 2016-06-23 02:55 | Report Abuse

Buy buy buy strong support by EPF as it is buying daily.

hng33

20,510 posts

Posted by hng33 > 2016-06-24 15:45 | Report Abuse

bought spsetia at 2.99

lingyeh

4 posts

Posted by lingyeh > 2016-06-24 15:47 | Report Abuse

Dear sifus, mind to explain what this means?

SP Setia (Outperform, TP: RM3.70): Fixes issue price at RM2.65/share for dividend reinvestment. SP Setia has fixed the issue price of each new shares to be issued under its fifth dividend reinvestment plan (DRP) at RM2.65. The issue price was computed based on the RMM3.13 five-day volume weighted average market price (VWAMP) of SP Setia shares up to, and including, June 16, which was the last trading day prior to the price fixing. The issue price was arrived at after a 19 sen adjustment made to the 5-day VWAMP to RM2.94, with a further 29 sen (10%) discount given, SP Setia said. The entitlement date has been fixed on July 4, while the expected date for the allotment and issuance of the new shares, as well as payment for the cash dividend to shareholders, is Aug 3. (Financial Daily)

ivan9511

3,854 posts

Posted by ivan9511 > 2016-06-24 16:29 | Report Abuse

Kensington thanks for your explain, sorry for late reply,
seem brexit effect, I loss gao gao today , really no mood, sp still boleh tahan,
my oil counters almost 30% gone , 20k hilang
crying crying

supermix2

1,069 posts

Posted by supermix2 > 2016-06-24 17:02 | Report Abuse

Bought very much more at $3.00...now to collect my dividend, hahaha

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-06-26 02:43 | Report Abuse

supermix2 , if top up too much sp, later need more money to sub RI, I heard sp going to issue right issue ? ???????????

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-06-26 02:44 | Report Abuse

And supermix2 , do you know how much is the Re-investment per SP share ?

Vic Lee

137 posts

Posted by Vic Lee > 2016-06-26 09:30 | Report Abuse

Spsetia got huge investment in UK..with pound depreciation, NTA will reduce significantly....

twosen456

16 posts

Posted by twosen456 > 2016-06-26 14:38 | Report Abuse

anyone has any idea on the sale of their battersea park apartments?

supermix2

1,069 posts

Posted by supermix2 > 2016-06-27 03:17 | Report Abuse

Angielim9955 , I just buy more to collect the dividend as it is very attractive indeed now....more than 8% at the last price. Will hold it for long term investment as this counter is top among all the housing developers...just solid.

supermix2

1,069 posts

Posted by supermix2 > 2016-06-27 03:19 | Report Abuse

Angielim9955 , and as for the Rights Issue, I can easily sell of the Rights if I don't want to subscribe....again money comes.hahaha

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-06-27 20:15 | Report Abuse

supermix2 thanks,
seem very good batgain now.
think can top up a little bit
supermix2 thanks

supermix2

1,069 posts

Posted by supermix2 > 2016-06-29 08:47 | Report Abuse

OTHERS BREXIT AND BATTERSEA
S P SETIA BERHAD

Type Announcement
Subject OTHERS
Description

BREXIT AND BATTERSEA

As of to-date, we have sold approximately 85% of the 1,661 units launched for Battersea in 3 phases. This comprises Phase 1 at 99%, Phase 2 at 90% and Phase 3a at approximately 60%.

Phase 1 is scheduled to be completed and delivered on a staggered basis starting from 4Q2016 to 2Q2017. Therefore, we expect to recognise part of the profit from Phase 1 in this financial year 2016. While the profit from Phase 1 will be recognised, it will also be reinvested in the development of Phase 2 and Phase 3, which are expected to be completed in 2020. As such, the fluctuation in pound sterling would be confined to accounting effect as profit will remain invested in the project for the longer term.

Amidst the short term uncertainty in the aftermath of Brexit, we are still positive on the long term prospects of Battersea and remain committed to the development of the entire project, which is expected to be fully developed by 2025.

This announcement is dated 28 June 2016.

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-06-29 11:11 | Report Abuse

I buy this stock today just for the dividend.

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