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

sell

2,456 posts

Posted by sell > 2019-10-29 12:42 | Report Abuse

I3 many conmen. Everyday drop and abv RM 1 where got cheap? Wait below RM 1 safer.

lilychan

109 posts

Posted by lilychan > 2019-10-29 21:12 | Report Abuse

yalo company damn huge debt

Vulture123

405 posts

Posted by Vulture123 > 2019-10-30 13:32 | Report Abuse

Wow ! Already bought @ 1.23, 1.22, 1.21 & 1.20
last week and even managed to accumulate more at 1.19 today :) Luckily, still have “bullet” to accumulate further.

Posted by wilsonchan87 > 2019-10-30 14:31 | Report Abuse

KL property index expected reach bottom around 550-700

Vulture123

405 posts

Posted by Vulture123 > 2019-10-30 15:33 | Report Abuse

If so, it is nearing bottom as KL Property Index already at ~ 745, I have started accumulating as it is difficult to predict with certainty the “.absolute bottom”. I started buying at 1.23 and will just have to increase the weightage in SP Setia, if opportunity to accumulate further between the 1-1.2 range. Let’s see if additional Buy Q @ 1.18, 1.17 & 1.16 get done today :)

Posted by wilsonchan87 > 2019-10-30 18:50 | Report Abuse

yes. keep buying and holding

DawsonL

40 posts

Posted by DawsonL > 2019-10-30 18:54 | Report Abuse

I am seeing strange movement in DBHD , I-BHD and SP Setia. Something brewing? All property stocks.

rivter

163 posts

Posted by rivter > 2019-10-31 12:10 | Report Abuse

time to buy ~ hold 3 month cc

Ccf2020

87 posts

Posted by Ccf2020 > 2019-10-31 14:09 | Report Abuse

Spsetia or ioiprop better?

memorylane

249 posts

Posted by memorylane > 2019-10-31 16:09 | Report Abuse

SpSetia upgrade to Outperform. 1 year Core earning growth 27.2%, 2 year core earning growth 46.0% (Page 13)... compare with ioiprop and other developers....

Vulture123

405 posts

Posted by Vulture123 > 2019-10-31 17:01 | Report Abuse

At current price level, both SPSetia and IOIPG are equally good but personally I think SP Setia will have more upside.

rivter

163 posts

Posted by rivter > 2019-10-31 17:06 | Report Abuse

rivter time to buy ~ hold 3 month cc
31/10/2019 12:10 PM
1.19 dapat 500lot

Vulture123

405 posts

Posted by Vulture123 > 2019-10-31 17:12 | Report Abuse

I have accumulated more than initially planned due to the recent severe share price correction but confident that future JB-Singapore RTS link will be positive for their property developments in JB.

Posted by AntiPondan1 > 2019-11-01 12:00 | Report Abuse

Buy new house not a necessity. I stay in my present house who will chase me out?

Posted by AntiPondan1 > 2019-11-01 12:01 | Report Abuse

Bank borrowings sure increase if house sales bad and staffs salary must pay.

Posted by AntiPondan1 > 2019-11-01 12:03 | Report Abuse

Why not Uem S or Sime Prop? Many more not 2 below.

Posted by Ccf2020 > Oct 31, 2019 2:09 PM | Report Abuse
Spsetia or ioiprop better?

Ncm88

1,219 posts

Posted by Ncm88 > 2019-11-03 09:23 | Report Abuse

Lol who cares what new house bla bla if u go according to news u cant earn big. Property sector is actually doing not as bad as you think , friday property index alrdy showed big green candle swallowing red candles from few days ago.

winmxaa

170 posts

Posted by winmxaa > 2019-11-03 10:49 | Report Abuse

price is 52 low, can buy?

loonginv

852 posts

Posted by loonginv > 2019-11-03 14:21 | Report Abuse

another 1 cent drop also 52w low, how ?? hahaha... never guess the bottom, got to figure out will/when recover ?

memorylane

249 posts

Posted by memorylane > 2019-11-04 10:58 | Report Abuse

2-year revenue growth 24.3% -> (Page 13) https://kenanga.com.my/wp-content/uploads/2019/10/Property-191003-4Q19-Strategy.pdf

memorylane

249 posts

Posted by memorylane > 2019-11-04 11:18 | Report Abuse

Big revenue from battersea power station phase 2 commercial units to EPF will be recognized in FY2021... so next year 2020 will be a flying year as investor are anticipate the incoming earning growth...

memorylane

249 posts

Posted by memorylane > 2019-11-04 11:21 | Report Abuse

Also with the government budget 2020, HOC for first time buyer + lowering foreigner buying limit to 600k will definitely helps clearing the unoccupied house. i won't anticipate a big jump in house price next year, but i believe we will see the house price started to recover next year.... Next year is a good year for SP Setia at least.

memorylane

249 posts

Posted by memorylane > 2019-11-04 11:23 | Report Abuse

From its track record of paying dividend past year.... buying the SP Setia at 1.2x price, in year 2021
when revenue recognized... i don't see a problem for >10% dividend... based on its generous dividend paying ratio in the history.

ryanlcc

260 posts

Posted by ryanlcc > 2019-11-04 11:23 | Report Abuse

from RM2.20 dropping until RM1.2

Vulture123

405 posts

Posted by Vulture123 > 2019-11-04 11:25 | Report Abuse

Vulture Power :) Looks like good QR and dividend on the way.

e1shi

212 posts

Posted by e1shi > 2019-11-04 11:55 | Report Abuse

imo, pushing for windows closing. PNB need to balance their accounting for dividend distribution before middle of Dec

Calvin882

1,562 posts

Posted by Calvin882 > 2019-11-04 12:00 | Report Abuse

Heavy buying

Ncm88

1,219 posts

Posted by Ncm88 > 2019-11-04 13:56 | Report Abuse

Suddenly those tokokers come out , property not as bad as u think

Posted by kelvin5621 > 2019-11-04 15:10 | Report Abuse

when will be the dividend annouce ?

memorylane

249 posts

Posted by memorylane > 2019-11-04 15:12 | Report Abuse

we will see, when next quarter report released around 14 Nov 2019.

KS_99

289 posts

Posted by KS_99 > 2019-11-04 15:25 | Report Abuse

Already final dividend.
where got dividend. NO more this year right?

Calvin882

1,562 posts

Posted by Calvin882 > 2019-11-04 15:43 | Report Abuse

Buy both Spsetia and IOIPG

Posted by wilsonchan87 > 2019-11-04 19:32 | Report Abuse

i dont think is good result since the technical chart already told u in advance than any fundamental result. this counter need long term to hold it

Ncm88

1,219 posts

Posted by Ncm88 > 2019-11-04 21:15 | Report Abuse

Aiya wilson then why. Are u here ? Miss the boat ?

Vulture123

405 posts

Posted by Vulture123 > 2019-11-04 22:11 | Report Abuse

Hope that all of us (Ikan Bilis) have taken full advantage of the recent severe price correction at attractive level of 1.18-1.20 to accumulate more shares. Interesting to monitor the movements until the QR2 results expected to be announced in middle November 2019.

Vulture123

405 posts

Posted by Vulture123 > 2019-11-05 10:19 | Report Abuse

Wow ! Easily 1.40 as predicted last month :-) Double digit gain for 1 month investment but I am still holding for higher TP. Previous forced selling was unwarranted and still significant upward possibility. However, risky for Ikan Bilis to join in now at current level now.

Ncm88

1,219 posts

Posted by Ncm88 > 2019-11-05 10:22 | Report Abuse

Hahah noone still here... vulture only me and u

Vulture123

405 posts

Posted by Vulture123 > 2019-11-05 10:28 | Report Abuse

Yes. Joyous time for us as I also bought into IOIPG at 1.05 too although at small amount as I already accumulated way beyond my planned initial investment amount in SP Setia :-) for exposure into property sector.

Vulture123

405 posts

Posted by Vulture123 > 2019-11-05 14:31 | Report Abuse

Watch the second positive wave in the afternoon session :-)

Vulture123

405 posts

Posted by Vulture123 > 2019-11-06 12:02 | Report Abuse

Good consolidation phase this morning for “retailers”/Ikan Bilis profit taking for those that bought at the recent lows or stucked at 1.40 and below previously. 3rd.,4th.......positive waves will materialize again thereafter.

Vulture123

405 posts

Posted by Vulture123 > 2019-11-07 08:56 | Report Abuse

Hopefully, the third wave will drive it towards the 1.50 comfort level before the Quarter results. A dividend announcement will definitely propel it higher.

Posted by Panic King > 2019-11-07 09:53 | Report Abuse

If all positive RM1.68 by 15 Nov

Vulture123

405 posts

Posted by Vulture123 > 2019-11-07 11:04 | Report Abuse

If that is the case, need to panic Buy :-)
However, against my “ bottom fishing “ investment strategy to average upwards at such a big spread.

Posted by Panic King > 2019-11-07 11:36 | Report Abuse

I panic buy when price drop below 2008 crisis low;))

Vulture123

405 posts

Posted by Vulture123 > 2019-11-07 11:51 | Report Abuse

I started buying from 1.23 & ended up “Panic Buy” all the way from 1.22 to 1.18 as the Value too attractive ;-) (SP Setia 2008 Share Price was H 5.60 L 2.65 ! ) At current level, I am still confident on the upward trajectory and still holding.

Posted by good spectra > 2019-11-07 11:52 | Report Abuse

i forget i bought this ayam.. banyak untung o~~ 20cents... sold all :)

hng33

20,510 posts

Posted by hng33 > 2019-11-08 09:44 | Report Abuse

bought SP setia at 1.35

setia2u

971 posts

Posted by setia2u > 2019-11-08 10:22 | Report Abuse

MSCI Global Standard Indexes November Review: Deleted 3 counters from BURSA, ABMB, SIMEPROP & SPSETIA

Vulture123

405 posts

Posted by Vulture123 > 2019-11-08 10:33 | Report Abuse

We, Ikan Bilis, are so easily flushed out when Share Price increased and especially when it was subsequently sold down without fundamental basis. We need to invest WISEly :
Withstand - Strongly
Invest - Steadily
Stay - Firmly
End - Well ;-)

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