Posted by DestinyL > 2022-11-02 14:55 | Report Abuse

So what's the TP now.... 58?

Posted by CharlesT > 2022-11-02 14:56 | Report Abuse

Dops abt 50% fm 0.80+ to RM0.40+

I hope can go back 100% to 0.80+ by year end

Posted by DestinyL > 2022-11-02 15:07 | Report Abuse

Oh, just flip the TP to 85 lol

Posted by CharlesT > 2022-11-02 15:18 | Report Abuse

Hope lah...70+ also good for me

Posted by jessc2323 > 2022-11-02 15:27 | Report Abuse

lari today or wait ya?

Posted by DestinyL > 2022-11-02 15:28 | Report Abuse

Probably won't go easy past 70 or 75

Posted by 1invest1 > 2022-11-02 15:38 | Report Abuse

Wah, fr low 0.42 to abt 0.545 is 30% UP
30% SHOT UP in 2wks SUPER FAST & HIGH

Posted by jessc2323 > 2022-11-02 15:40 | Report Abuse

hope can touch 0.60 today

Posted by nasgee > 2022-11-02 15:41 | Report Abuse

vrommmm muahhhh muahhh cissss

Posted by DestinyL > 2022-11-02 15:58 | Report Abuse

Eh reversing pula? Lol

Posted by Sharefisher > 2022-11-02 15:58 | Report Abuse

Careful.... Don't get trapped.... Haha ha....

Posted by DestinyL > 2022-11-02 15:59 | Report Abuse

Sold and bought back.... play long won't trap

Posted by DestinyL > 2022-11-02 16:01 | Report Abuse

Was both a little happy and disappointed if it kept going up lol

Posted by Sharefisher > 2022-11-02 16:02 | Report Abuse

I watch show only.....

Posted by Sharefisher > 2022-11-02 16:04 | Report Abuse

If back to below 0.50, a lot of people kena trapped.

Posted by Sharefisher > 2022-11-02 16:05 | Report Abuse

But still better than me... I trapped above 7th floor... Haha ha ha

Posted by DestinyL > 2022-11-02 16:05 | Report Abuse

Give it time, maybe below 50 still good to average

Posted by Sharefisher > 2022-11-02 16:11 | Report Abuse

No rush for me...... No average down also I can hold until it back to above 0.80.....haha ha

Posted by Sharefisher > 2022-11-02 16:22 | Report Abuse

Coming back to below 0.50? Crazy.....

Posted by jessc2323 > 2022-11-02 16:23 | Report Abuse

oops! tomorrow is a better day?! :-(

Posted by CharlesT > 2022-11-02 16:47 | Report Abuse

Wah unexpected twist.

Posted by DestinyL > 2022-11-02 16:54 | Report Abuse

Already did alright, +5.2%

Posted by Sharefisher > 2022-11-02 16:55 | Report Abuse

Don't play play.... Haha ha

Posted by 1invest1 > 2022-11-02 17:15 | Report Abuse

Need come down more in order to buy.
This fella cannot chase to buy & get trapped
----‐‐--‐---------‐---------------------------------------------
DestinyL
Give it time, maybe below 50 still good to average
-‐--------------------------------------------------------------
Sharefisher
No rush for me ...

Posted by DestinyL > 2022-11-02 18:13 | Report Abuse

Already dropped to 42 cents mah last week, hard to revisit that level

Posted by DestinyL > 2022-11-02 18:13 | Report Abuse

https://www.theedgemarkets.com/article/s-p-setia-takes-no-1-spot-edge-malaysia-top-property-developers-awards-2022

Top wo.... At rubbish price level last week

Posted by Sharefisher > 2022-11-02 18:45 | Report Abuse

Haha ha.. Award winning..... Share price like shit.....the ceo is aiming at the wrong thing. Now become goreng stock and I don't like goreng stock... .... Celaka.. Haha ha..

Posted by CharlesT > 2022-11-02 19:20 | Report Abuse

Fm the bottom of 0.41 last week to 0.57 today, a whopping 40% rebound.

Lets c what comes next

Posted by DestinyL > 2022-11-03 09:36 | Report Abuse

Maybe can goreng to 68 sen then can also shun bien goreng the rights lol

Posted by DestinyL > 2022-11-03 09:41 | Report Abuse

Eh? CharlesT is operator? Today you will goreng to 57? lol

Posted by Sharefisher > 2022-11-03 09:52 | Report Abuse

Told you, the right only worth 0.005.........haha ha

Posted by CharlesT > 2022-11-03 09:54 | Report Abuse

Hold tight tight for Christmas/ New Year presents

Posted by CharlesT > 2022-11-03 09:55 | Report Abuse

Nobody will subscribe the rights....mostly by the big guys themselves....like PA N PB

Posted by CharlesT > 2022-11-03 09:59 | Report Abuse

BTW, PA is clearly a much better option than PC...higher coupon rate (6.49 cents a year over 87.5 = 7.4%+ a year)

Posted by trader808 > 2022-11-03 10:17 | Report Abuse

In the year 2018 SPSetia had an intra day high exceeding Rm4.01 or thereabouts. Since than it was undergoing a protracted and massive down trend and decline in share price. Just last week it hit bottom at 41sen and rebounced a little and now somewhat stabilize at 51sen.
Form the high and low the share price has dropped 4.01 minus 41 is Rm3.6

SP has 4075m share. This also means 4075 x 3.6 = Rm14.67b in market capital has been wipe out. The share price has bounced back from 41 to 51, a gain of 10sen or RM407m in market cap. Long term investors are still suffering massive losses despite its massive re bounce in recent week. The covid and its aftermath, the ukraine war, supply chain disruption, raising cost of fuel and steel and the slow down in the property market has collapsed the share price. With all these issues and challenges it will need a lot of time for SP to regain its glory days and require great endurance and perseverance for investors to recoup their losses.

Posted by quantisider > 2022-11-03 10:20 | Report Abuse

i thought PC was supposed to be traded today? 3-11 Nov right

Posted by DestinyL > 2022-11-03 10:37 | Report Abuse

It is traded today SPSETIA-PR
Actually sharefisher, it is worse than half sen leh, zero buyer!!!
Buy queue is 0 / 0.005
Anyone knows what will happen if nobody wants to buy??? Is it zero value at the end?

Posted by quantisider > 2022-11-03 10:47 | Report Abuse

thanks destiny. 22m parked at 0.005, haha.

Posted by hakubasnow > 2022-11-03 11:11 | Report Abuse

Let see how this works out
Let say you bought 50,000 SPSETIA-PR @ 0.005 = RM 250
Then you need to apply for the PR. So 50,000 x 0.38 = RM 19,000
So now you total cost = RM 19,250

What will the reference price for RCPS on listing day (30/11/22) ?

---------------------------------
Reference Price For RCPS
---------------------------------

LR = Reference Price
P = Previous day closing price of ordinary share
m = Nominal Value of Loan
R = Conversion Ratio of loan share to ordinary share

LR = (P/R) - m
= (0.50/0.67) - 0.38
= 0.746 - 0.38
= 0.365

* Assume that SP Setia closing price on 29/11/22 @ 0.50

Let say you sold all 50,000 @ 0.365 = RM 18,250
Losses = 18,250 - 19,250 = RM 1,000

In order to make money SP Setia need to close at least @ 0.52
and you are able to sell above 0.39

Posted by Sharefisher > 2022-11-03 11:17 | Report Abuse

Forget about the right.... I only want to average down for the last time. Below 0.50 is coming... No rush.....

Posted by charonflytea > 2022-11-03 12:18 | Report Abuse

EPF + SP SETIA =Something Brewing.....

Posted by 80gram > 2022-11-03 13:58 | Report Abuse

let PNB and EPF go and buy up the RCPS.......min RM900m will be raised...dilutive yes....bad for those that bought below 80sen? maybe not

Posted by DestinyL > 2022-11-03 14:51 | Report Abuse

@quantsider, so many shares you hold? Painful paper loss

Posted by imbravo > 2022-11-03 14:53 | Report Abuse

hold first....

Posted by 1pingpong > 2022-11-03 15:33 | Report Abuse

bottom yet? can enter now>?0.45?

Posted by imbravo > 2022-11-03 16:06 | Report Abuse

0.41 is bottom

Posted by CharlesT > 2022-11-03 16:36 | Report Abuse

Yeap.

Actually the sharp drop fm 0.80+due to this right issues is really ridiculous....there could hardly be any shares dilution as long as mother share is below 0.80

This PC is to redeem PB, at lower interest which should be beneficial to the Co.

Anyway, could be a blessings to those who bought below RM0.50....

Posted by profit profits > 2022-11-03 22:02 | Report Abuse

when property market up again , all the stories would change. Would spsetia close shop ? very unlikely

Posted by DestinyL > 2022-11-04 09:04 | Report Abuse

Geez, the rights likely can't sell at all lol
@Sharefisher, price should be zero lol

Posted by DestinyL > 2022-11-04 09:05 | Report Abuse

If very low rights exercised, the dilution will be lesser wink wink