SIME DARBY PROPERTY BERHAD

KLSE (MYR): SIMEPROP (5288)

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Last Price

1.52

Today's Change

+0.02 (1.33%)

Day's Change

1.50 - 1.52

Trading Volume

574,200


2 people like this.

1,545 comment(s). Last comment by Callmejholow 5 days ago

DreamGuardian

1,173 posts

Posted by DreamGuardian > 2024-06-03 23:17 | Report Abuse

good move by simeprop

kahfui1221

418 posts

Posted by kahfui1221 > 2024-06-05 18:42 | Report Abuse

The considerable ownership by sovereign wealth funds in Sime Darby Property Berhad indicates that they collectively have a greater say in management and business strategy. The largest shareholder of the company is Permodalan Nasional Berhad with a 57% stake. Institutional ownership in Sime Darby Property Berhad is 26%

Jerung

424 posts

Posted by Jerung > 2024-06-06 12:00 | Report Abuse

Road to TP1.5 first

edcheong

73 posts

Posted by edcheong > 2024-06-06 13:44 | Report Abuse

Let's see the breaking of resistance of 1.30 today. Start buying when that happens.

Posted by EngineeringProfit > 2024-06-06 15:01 | Report Abuse

Need more power. Don't forget to pawn your castles, mansions and bungalows - all in here pls

troy88

3,076 posts

Posted by troy88 > 2024-06-06 15:30 | Report Abuse

Going on bull run together with Mahsing fueled by DC power. Let's go!

paktua73

18,414 posts

Posted by paktua73 > 2024-06-06 15:42 |

Post removed.Why?

edcheong

73 posts

Posted by edcheong > 2024-06-06 15:50 | Report Abuse

The following are rankings of APAC MARKETS FOR DATA CENTERS. KL + JOHOR is just behind Beijing. So Sime Darby Prop + Google, YTL + Nvidia and Microsoft in Johor we are talking BIG markets here. Mah Sing with Bain is just a small time player. Sime Prop will shoot past it's IPO price of 150 this round. Buy!

Posted by muslimbiztrading > 2024-06-06 16:18 | Report Abuse

1.3 is still undervalued...

tatwaiwong

280 posts

Posted by tatwaiwong > 2024-06-06 18:20 | Report Abuse

KUALA LUMPUR: The semi-annual review of the FTSE Bursa Malaysia Index Series has seen Sunway Bhd promoted to the top 30-stock index and AMMB Holdings Bhd demoted to the FTSE Bursa Malaysia Mid 70 Index.

The index series is reviewed on a semiannual basis in accordance with the ground rules of the respective index.

Other moves in the FTSE Bursa Malaysia Mid 70 Index, include AEON Credit Service (M) Bhd taking the place of AEON (M) Bhd, and the inclusion of four property companies.

They were IGB Real Estate Investment Trust, IOI Properties Group, Pavilion Real Estate Investment Trust and Sime Darby Property.

Astro Malaysia Holdings Bhd and Berjaya Corporation Bhd were also taken out of the FTSE Bursa Malaysia Mid 70 Index.

The FTSE Bursa Malaysia Hijrah Shariah Index saw the entry of Inari Amertron into the index as Greatech Technology Bhd exited.

All constituent changes take effect at the start of business on June 24, 2024 (Monday).

The next review will take place in December 2024.

The FTSE Bursa Malaysia KLCI, which is part of the FTSE Bursa Malaysia Index Series, is widely used by investors as the primary benchmark for the Malaysian capital market, including derivatives, through the FTSE Bursa Malaysia KLCI Futures and the FTSE Bursa Malaysia KLCI Options.

The benchmark index is also tracked by several index-linked financial products, such as exchange-traded funds.

The FTSE Bursa Malaysia KLCI reserve list, comprising the five largest non-constituents of the index by market capitalisation, are AMMB Holdings, Dialog Group, Gamuda, IOI Properties Group and Malaysia Airports.

The reserve list will be used if one or more constituents are removed from the FTSE Bursa Malaysia KLCI in accordance with the index ground rules during the period up to the next semi-annual review.

FTSE Group and Bursa Malaysia have partnered since 2006 to provide a suite of indexes for the Malaysian capital market.

tatwaiwong

280 posts

Posted by tatwaiwong > 2024-06-06 18:22 | Report Abuse

Sime Darby Property announces internal reorganisation plan
吉隆坡:森那美产业有限公司 (Sime Darby Property Bhd)提议进行内部重组,以精简其结构,将其划分为独立可识别的业务流,以更好地反映该集团的多元化业务。

重组成功后,森那美将把所有资产、负债和业务转让给其全资子公司,并纯粹作为一家投资控股公司运营。

目前,森那美产业主要从事房地产开发、管理服务以及作为集团的上市投资控股公司。

“董事会相信,精简措施将使森那美地产建立更精简的公司结构,并拥有独立可识别的业务流。
该公司在向马来西亚交易所提交的文件中表示:“这将为业务运营和效率提供更大的灵活性,促进未来不同业务的有效管理。”

根据提议,该集团旗下的所有城镇开发项目将转让给各自的子公司 - 森那美地产(Bukit Jelutong)私人有限公司、森那美地产(City of Elmina)私人有限公司、森那美地产(Lagong)私人有限公司、MVV Holdings 私人有限公司和森那美地产(H&L)私人有限公司。

森那美地产表示,此次重组有望为各子公司的核心业务活动提供战略清晰度和重点,并更好地服务当地社区。
它补充说,实施明确的乡镇划分将能够更好地评估每个乡镇的绩效,每个乡镇的财务和运营绩效将被明确划分并分别报告。

同时,集团的管理服务业务将转移到SDP(Management Services)Sdn Bhd,专注于为房地产开发业务、投资和资产管理业务、休闲业务和内部共享服务提供管理服务和支持。

该公司表示,此次转移可以帮助该部门集中资源,更好地协调、简化运营、消除低效率,并优化资源配置和利用。

该集团已根据 2016 年《公司法》第 366 和 370 条通过成员安排计划与其子公司签订了重组协议。

拟议的内部重组须经股东及相关部门的批准。

paktua73

18,414 posts

Posted by paktua73 > 2024-06-07 08:04 |

Post removed.Why?

troy88

3,076 posts

Posted by troy88 > 2024-06-07 09:29 | Report Abuse

Fantastic. Simeprop and Mahsing will soar on DC power!

Posted by EngineeringProfit > 2024-06-07 09:53 | Report Abuse

Need more power. Don't forget to pawn your castles, mansions and bungalows - all in here pls

paktua73

18,414 posts

Posted by paktua73 > 2024-06-07 11:03 |

Post removed.Why?

klee

3,531 posts

Posted by klee > 2024-06-07 13:13 | Report Abuse

1.6
1.6
1.6

edcheong

73 posts

Posted by edcheong > 2024-06-07 14:12 | Report Abuse

Google launched its 4th data center in SG. Total investments is 6B. Google only invested 2B in Sime MY. Lots of growth potential in MY. Sime Prop is main beneficiary. Amazon AWS has three locations in KL, NSembilan. Sime is a must buy.

DreamGuardian

1,173 posts

Posted by DreamGuardian > 2024-06-07 14:31 | Report Abuse

looks like holding firm

Posted by muslimbiztrading > 2024-06-07 15:00 | Report Abuse

aim to reach 1.5 mid june

Posted by EngineeringProfit > 2024-06-07 15:38 | Report Abuse

Need more power. Don't forget to pawn your castles, mansions and bungalows - all in here pls

edcheong

73 posts

Posted by edcheong > 2024-06-08 07:55 | Report Abuse

Another director bought 300000 shares at 1.22 what do you do?

Mabel

24,412 posts

Posted by Mabel > 2024-06-08 23:07 | Report Abuse

https://theedgemalaysia.com/node/714040

“Top picks for the DC construction play include Gamuda and Sunway Construction Group Bhd (KL:SUNCON), which have secured a total of at least RM2 billion worth of DC contracts.

sharun

20 posts

Posted by sharun > 2024-06-09 14:05 | Report Abuse

https://www.tradingview.com/x/BR4lUXsy

look likes can touch 1.70 in september if no bad news

kahfui1221

418 posts

Posted by kahfui1221 > 2024-06-10 14:46 | Report Abuse

Price movement of SimeProp is slow but it still will go up ..

Noemo12

38 posts

Posted by Noemo12 > 2024-06-11 10:18 | Report Abuse

Too Slow, Please move🤣

Posted by jeffrey1166 > 2024-06-11 11:34 | Report Abuse

tp can set rm2

Noemo12

38 posts

Posted by Noemo12 > 2024-06-11 14:56 | Report Abuse

Yeah, RM2 tp here

Posted by jeffrey1166 > 2024-06-11 18:18 | Report Abuse

ya

sharun

20 posts

Posted by sharun > 2024-06-12 05:51 | Report Abuse

slow and steady to TP 2

troy88

3,076 posts

Posted by troy88 > 2024-06-12 10:15 | Report Abuse

Simeprop, Mahsing, Suncon, Gamuda will power ahead driven by DC power!

BudiLee

334 posts

Posted by BudiLee > 2024-06-12 13:52 | Report Abuse

Now it's 1.41 , should I buy it?

edcheong

73 posts

Posted by edcheong > 2024-06-12 16:14 | Report Abuse

Maintain BUY, TP rises to MYR2.00 from MYR1.54, 49% upside with c.2% yield. We think the market has not fully priced in the upside potential of Google’s recent announcement of its USD2bn investment in Malaysia. The tech giant’s announcement of MYR1.74bn in capex for the first Google data centre (DC) and Google Cloud region may just be the beginning. The potential impact of this on earnings may be under-estimated. Our new TP reflects the incremental value of the contribution from the Google facility, as well as the faster turnaround of Sime Darby Property’s industrial parks ahead.

kahfui1221

418 posts

Posted by kahfui1221 > 2024-06-12 16:18 | Report Abuse

Waiting for it to break RM1.50 first

Posted by jeffrey1166 > 2024-06-12 17:50 | Report Abuse

keep buying

edcheong

73 posts

Posted by edcheong > 2024-06-12 19:31 | Report Abuse

Singtel in talks to build data centre in Iskandar Puteri, Johor.

Noemo12

38 posts

Posted by Noemo12 > 2024-06-13 11:26 | Report Abuse

Imagine if Singtel corporate with....😎bummmm!💣

Ninja _07

553 posts

Posted by Ninja _07 > 2024-06-13 16:44 | Report Abuse

Hahahahahaha.... RHB IB release TP, straight away price drop!

kahfui1221

418 posts

Posted by kahfui1221 > 2024-06-14 14:39 | Report Abuse

RHB released their TP two days ago ... I think people take profit today for Haji celebration

wahidul

271 posts

Posted by wahidul > 2024-06-14 18:12 | Report Abuse

ministry to announce MM2H,Malaysia my second home by today soonest,the cabinet already given approval

macai

105 posts

kahfui1221

418 posts

Posted by kahfui1221 > 2024-06-18 17:52 | Report Abuse

Going back up after Haji holiday 😊

Posted by Skywalker00 > 2024-06-18 18:14 | Report Abuse

All this data centre things, contractor like gamuda and subsidiaries makes money firstly, SIme will be 2-3 yrs later.... maybe

SinGor

4,962 posts

Posted by SinGor > 2024-06-18 20:36 | Report Abuse

Data Center are not anything special from normal Industrial Building---Data Center
real Cost are the Control Panel that store Data ( 75% of Total Investment ) Real beneficiary next 50years are TNB and Water supplier "Syabas" Selangor or Ranhill Johor. KPS is the sole beneficiary next 50years as water chemical supplier to Syabas ( mother
and Son )

BudiLee

334 posts

Posted by BudiLee > 2024-06-19 14:48 | Report Abuse

Time to collect and buy some more while the price is cheap

kahfui1221

418 posts

Posted by kahfui1221 > 2024-06-19 16:48 | Report Abuse

Price is cheap when it's less than RM1, BudiLee 😅

Noemo12

38 posts

Posted by Noemo12 > 2024-06-21 13:27 | Report Abuse

When will be the next LU~😂

Noemo12

38 posts

Posted by Noemo12 > 2024-06-21 16:34 | Report Abuse

hahha, just added another 3k share when it's 1.35. Good luck all long-term investors.

kahfui1221

418 posts

Posted by kahfui1221 > 2024-06-24 11:53 | Report Abuse

I will wait cheaper price to collect again ..

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