Posted by ks55 > 2024-03-19 16:44 | Report Abuse

What is the outlook for the property market in Malaysia?
According to a study conducted by Juwai IQI, an international real estate property transaction group, the buy-to-rent ratio for 2024 stands at 91.1% for purchases and 8.9% for rentals, signalling robust confidence in the real estate market. Anticipated increases in yields further support this positive outlook.16 Jan 2024

Posted by nizam > 2024-03-20 09:52 | Report Abuse

macd dead cross

Posted by ks55 > 2024-03-20 15:54 | Report Abuse

Kampong Champion turns aggressive already. When cross 1.20, become District Champion.....

Posted by Goldberg > 2024-03-20 16:10 | Report Abuse

Crescendo will have its day too - a sleeping giant in Johore set to take off.

Posted by ks55 > 2024-03-20 16:18 | Report Abuse

Crescendo will fly by next Friday afternoon.

Posted by ks55 > 2024-03-20 16:50 | Report Abuse

A new District Champion is born!

Posted by pang72 > 2024-03-20 16:58 | Report Abuse

Nta=$2. 90
Share price=$1. 20

Most undervalue is you-spsetia with backup by glc fund and AngMo fund

Posted by Michael Kwok > 2024-03-20 17:18 |

Post removed.Why?

Posted by pang72 > 2024-03-20 17:57 | Report Abuse

SPSETIA replaces UEMS as johor property taiko!!

Posted by Goldberg > 2024-03-20 18:21 | Report Abuse

SP Setia is a world class developer born and bred in Malayisia with development projects in London, UK and Melbourne Australia. Has a sizeable landbank in Johore.

Still undervalued though with NAPS of RM2.90.

Posted by pang72 > 2024-03-20 18:31 | Report Abuse

Bingo!! Now is the time to unlock the value and does 3x better than UEMS!!

Posted by Johnchew123 > 2024-03-21 09:58 | Report Abuse

Spsetia-c72 , pundekkk , last Thursday 1.5 sen only , wa nampak tak berani masuk , if 1 ribu lot = RM 15 k ,now lepas 19 sen , untung RM 170 k , fxxx

Posted by pang72 > 2024-03-21 13:57 | Report Abuse

Good! The sunny days for spsetia is coming all years...

Posted by questra > 2024-03-21 15:19 | Report Abuse

lmao paktua u go wait long2 lo.
already come in so late lmaooo joker.
im already 50% gain :)

Posted by Ninja _07 > 2024-03-21 16:11 | Report Abuse

This paktua73 is a joker.. always his prediction is longkang 😂😂

Posted by Goldberg > 2024-03-21 17:40 | Report Abuse

SPSetia's Sizeable Landbank in Johore

For property sector exposure in Johor,SP Setia Bhd has a sizeable land bank there (2,150 acres or 870.07 hectares), undemanding valuation , and de-gearing exercise via land sale.

Maybank IB said the property sector offers trading opportunities in the first half of 2024, with the thematics being the JSSEZ, Bayan Lepas Light Rail Transit (LRT) alignment, and potential revival of the HSR.

Our stock calls, however, are more fundamental-based. We have a 'buy' rating for S P Setia.

“Apart from its Johor exposure (2,150 acres or 15% of total gross development value), we like S P Setia for its cheap valuation (0.3 times P/BV versus the industry average of 0.6 times) and diversified product range.

Posted by pang72 > 2024-03-21 21:27 | Report Abuse

P/B ratio
Spsetia 0.30
Mkh 0.42
Ksl 0.43
Bjasset 0.43
Osk 0.48
Simeprop 0.50

Posted by pang72 > 2024-03-21 21:27 | Report Abuse

Interesting p/B value for reference :)

Posted by questra > 2024-03-21 23:48 | Report Abuse

joker paktua
u load at 1.18 and I load at 0.82
we are not the same joker wkwkwkwk

Posted by icecool > 2024-03-22 09:05 | Report Abuse

spsetia rocket

Posted by irwan > 2024-03-22 09:11 | Report Abuse

mantap

Posted by prince4 > 2024-03-22 09:50 | Report Abuse

Super Power Setia Berhad

Posted by tee > 2024-03-22 09:53 | Report Abuse

properties rise

Posted by sugumaran > 2024-03-22 10:07 | Report Abuse

i believe i can fly

Posted by Johnchew123 > 2024-03-22 10:13 | Report Abuse

Oh my god ,oh my god ,SPSETiA - c72 , last Thursday 1.5 sen , now 28 sen , up 2100 % , beli ini macam share ,

Posted by icecool > 2024-03-22 11:19 | Report Abuse

wow ! spsetia going to the moon !!! hahaha

Posted by kuningNo1 > 2024-03-22 11:20 | Report Abuse

How high it can go?

Posted by ks55 > 2024-03-22 11:56 | Report Abuse

District Champion heading for State Champion when it crosses 1.65

Posted by Ninja _07 > 2024-03-22 13:37 | Report Abuse

Yeah yeah.. wait for the correction and then let’s see where all this commentators go

Posted by Goldgent > 2024-03-22 17:32 | Report Abuse

Dividend 0.0134 (ex 25/Mar), Monday qouted price 1.32..........

Posted by Money17 > 2024-03-22 17:48 | Report Abuse

Goldgent dividend ex mean that price will adjust become low ?

Posted by Goldgent > 2024-03-22 19:25 | Report Abuse

@Money17.......Should be one tick lower (1.33 -> 1.32).
Dividend to be pay on 23/Apr.

Posted by Investorrr > 2024-03-23 12:05 | Report Abuse

hold tight, SpSetia is still under value...NTA 2.98

Posted by joecool32 > 2024-03-24 10:05 | Report Abuse

MBB just upped STSetia's TP to 1.66 on 22 Mar. This is after confirmation of higher-priced landsale and potential REIT from mgnt. This could provide for higher upside come monday. Just my humble opinion😀

Posted by Goldgent > 2024-03-24 13:06 | Report Abuse

Harimau article
https://www.minichart.com.sg/2024/03/22/maybank-likes-sp-setia8664-kl-due-to-its-undemanding-valuation/

Posted by pang72 > 2024-03-24 13:18 | Report Abuse

Wow! No wonder insiders chasing like no tomorrow!!

Posted by KingKKK > 2024-03-24 14:13 | Report Abuse

Property Sector (KingKKK) - Unveiling Potential Q1 Stars: SUNWAY, AVALAND, E&O, SIMEPROP, UEMS, SPSETIA, IOIPG, MAHSING and ECOWLD

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-03-23-story-h-185587105-Property_Sector_KingKKK_Unveiling_Potential_Q1_Stars_SUNWAY_AVALAND_E_O

Posted by pang72 > 2024-03-25 00:02 | Report Abuse

https://www.sinchew.com.my/news/20240324/nation/5485469

Setia eco temple has became the role model community....
Property will hot selling

Posted by pang72 > 2024-03-25 00:03 | Report Abuse

SPSETIA shld get the best manage property...

Posted by Goldberg > 2024-03-25 12:03 | Report Abuse

SP Setia intends to maximise the value of its investment assets by utilising REIT

Maybank Securities Research has increased its earnings predictions for FY24-26 by 1-55% and the target price to MYR1.66 (+38sen) based on a higher 0.5x FY24E Price-to-Book Value (PBV) ratio (previously 0.4x). This adjustment reflects the positive expectations for earnings and the financial position.

The research business views the proposed REIT as a way for SPSB to reduce debt and realise the value in its investment properties, enabling the company to keep a share in these assets and collect dividend earnings. The REIT might also help with future additions of SPSB’s mature assets, allowing for the recycling of funds.

These properties could consist of :

Shopping centre- Setia City Mall, Setia Eco Hill Mall, INC by KL Eco City, Setia Walk

Hotels - Amari Spice Hotel Penang & Amari Kuala Lumpur

Conference Centres. - Setia City Convention Centre, Setia Spice Convention Centre Penang.

Posted by Goldgent > 2024-03-25 14:48 | Report Abuse

Land disposal
https://www.edgeprop.my/content/1908892/maxim%E2%80%99s-51-owned-unit-buy-land-near-bukit-chagar-s-p-setia-rm167m-cash

Posted by TrendSculptor > 2024-03-26 09:44 | Report Abuse

From my observation, the real estate wave is not over yet

Posted by wahidul > 2024-03-26 12:00 | Report Abuse

add at 1.40,target price 1.70

Posted by Goldberg > 2024-03-26 13:00 | Report Abuse

SP Setia - An Emerging Industrial Player; Keep BUY

Potential REIT listing to lighten balance sheet. SP Setia is in the preliminary stage of listing some of its investment properties, and has identified a diverse list of potential assets in various sub-sectors such as Setia City Mall (retail), KL Eco City (office), and Tenby Setia Eco Park (Education). We think this would be a positive as it would lighten its balance sheet further.

https://klse1.i3investor.com/servlets/ptres/71065.jsp

Posted by ks55 > 2024-03-26 13:13 | Report Abuse

Strong demand for Setia Alaman. SP Setia is in the midst of getting approvals to rezone Setia Alaman Industrial Park (GDV: MYR3.09b) for industrial use. The industrial park spans 399 acres, comprising of 35 plots of industrial land and six plots of commercial land. Some land parcels were recently transacted by logistics players at MYR140-160 psf, well exceeding management’s initial expectations. The attractive price is largely attributed to its strategic location and connectivity, linked to major highways like Jalan Meru and the North Klang Valley Expressway or NKVE. Other than the outright sale of industrial plots, SP Setia is also planning a JV for the co-development of certain plots.

This piece of land originally belongs to Petaling Garden, next to Klang Sentral, bounded by Setia Alam, and industrial park now developed by Sime Property. Easy access to WCE as well.

Kampong Champion slowly evolved into District Champion, then State Champion. May be National Champion, who knows?

Posted by icecool > 2024-03-26 15:52 | Report Abuse

going to new high ?

Posted by ks55 > 2024-03-26 15:53 | Report Abuse

District Champion is on the way elevated to State Champion.

Posted by Investorrr > 2024-03-26 16:32 | Report Abuse

gey in fast still under value stock NTA 2.98..pending Revaluation to up grade land value

Posted by Investorrr > 2024-03-26 16:36 | Report Abuse

will re visit 3.50 again..highest pre pandamic was 3.60

Posted by raingod > 2024-03-26 16:39 | Report Abuse

back on track!