SP SETIA BHD
KLSE (MYR): SPSETIA (8664)
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Last Price
1.18
Today's Change
-0.05 (4.07%)
Day's Change
1.17 - 1.23
Trading Volume
5,907,000
Changes
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Discussions
6 people like this. Showing 50 of 5,405 comments
Will moderate by rise of 5% to 30% construction cost due to 52% diesel price rise
DUFU better option
DUFU (7233) OVERSOLD & TOP REASONS WHY IT HAS THE MOST POTENTIAL NOW FOR UPSIDE, Calvin Tan
https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-30-story-h-153147341-DUFU_7233_OVERSOLD_TOP_REASONS_WHY_IT_HAS_THE_MOST_POTENTIAL_NOW_FOR_UP
2 weeks ago
my 2 cents on SP Setia. With the continued negative share price pressure, no hurry to buy in yet. No one knows how low it can get, so safer to buy in when there is clear reversal in fortune. I am personally looking into Malakoff instead. A short video comparing the 2 stocks. Do watch if interested. TQ
https://youtu.be/GUgWhokqvoE
2 weeks ago
From state champion to district champion due to injury to one hand. Can it elevated back to state champion? Very likely!
2 weeks ago
Chinese calendar bulan hantu going finish 2 Sept ,hantu ghost gkacau all small cap counter
Since 5 August ,foreign fund buy bank stock , expect 3 sept start will be turn contruction n property goreng up ,
SPSETIA will take 5 trading day back 1.25 again ,by next Friday ,
Take note
2 weeks ago
Forget about the fake scare of the legal case in August!
Expect the "frenzy" of FED's interest rate cut in September.
I don't think the current low price of RM1.10 can withstand the rush in by foreign funds!
All eyes on Fed !
If SOMEHOW Fed changed decision to delay the rate cut or cut just by a little, then better run for cover!
2 weeks ago
Foreign funds are two edged swords!
You love them and you hate them!
We Malaysians are always vulnerable, when suddenly they pull out (they are always short-term players), YOU suffer and be stuck.
Predicting the directions of foreign funds is a great challenge (need to read and know a lot of happenings eg company wise, national and world's economy and geo politics, etc).
We are now running on bull sentiments in Bursa but also with a very real timebomb in the NASDAQ US, nuclear bomb by Tsar Putin in Ukraine or even Sino-US conflicts in the South China Sea...
Always be prepared for any Black Swan event and gain from it...
2 weeks ago
3 more day , see u this Friday 1.25 , today profit taking ,higher 1.21 ,Chinese calendar 1 month ghost day finish yesterday ,no more hantu kacau small cap counter start today onward ,contruction n property will slowly move up
SPSETIA , see u this coming Friday 1.25
2 weeks ago
Ex-Dividend date : 17 SEP 2024
Preferential Dividend 6.49% pa.
Uncertain trading time ahead!
2 weeks ago
Nikkei plunges 4%, leading losses in Asia after Wall Street plummets on weak U.S. data
https://www.cnbc.com/2024/09/04/asia-pacific-markets-set-to-fall-after-recession-fears-heighten-nvidia-tumbles.html?__source=androidappshare
2 weeks ago
Safer to be light or stay sideline for now!
US recession (and unemployment data) is the biggest worry as The Sahm Rule has been accurate and NEVER failed:
"Since 1970, the Sahm Rule has coincided with every recession without failure".
We may be seeing the biggest crash brewing since 2008! Very scary indeed! But also good opportunity, right?
Much to think why Warren Buffet offloaded Apple shares and horded 277 billions cash!
1 week ago
To determine a good price range for buying S P Setia shares, here are several factors to consider:
1. Recent Price Movements
- *Current Price: As of September 2024, S P Setia's stock is trading around **RM1.10 to RM1.25*. The stock has been showing resistance at around RM1.25, and there's strong support near RM1.10.
- *Short-Term Volatility: The stock has seen some price volatility recently due to legal issues and market sentiment but is slowly stabilizing. Buying closer to **RM1.10* or lower would give you a discount relative to the stock’s potential upside if market conditions improve.
2. Valuation Relative to NTA
- The company's Net Tangible Assets (NTA) per share is *RM2.78*, which suggests that the stock is trading well below its asset value. Buying the stock near its current price would provide a significant margin of safety.
- If you’re a long-term value investor, purchasing in the *RM1.10 to RM1.20* range offers a substantial discount to its NTA, indicating a potential upside if the stock rebounds.
3. Analyst Target Prices
- Analysts' target prices for S P Setia range from *RM1.35 to RM1.90, with some optimistic scenarios targeting even higher prices based on project success and broader market. Therefore, buying closer to the current price of **RM1.10 to RM1.20* would give you a favorable entry point, with the potential to see gains as the stock approaches these target levels.
4. Technical Support Levels
- *Support and Resistance: Technical analysis shows that S P Setia has strong support around **RM1.10* and resistance near *RM1.25*. If the stock holds at these support levels, it might be a good opportunity to enter.
- If you can buy closer to *RM1.10*, that would be considered an optimal entry point as it’s near strong support, and you would have more upside potential if the stock rallies.
Conclusion:
- A good price range to buy S P Setia shares would be between *RM1.10 and RM1.20. This range offers a favorable entry, balancing near-term volatility with long-term value potential. However, if the stock dips below **RM1.10*, it could represent an even better opportunity depending on broader market conditions.
1 week ago
*Fundamental Strength*
- *Solid Land Bank*: S P Setia holds a vast land bank of approximately 7,300 acres, giving the company significant long-term growth potential. Its large development projects across key regions in Malaysia and internationally provide a foundation for future revenue growth.
- *Earnings Visibility*: With unbilled sales standing at RM4.16 billion as of mid-2024, S P Setia has a solid revenue pipeline that could support its financial performance.
- *Debt Reduction*: The company has been actively reducing its debt, lowering its gearing ratio, which strengthens its balance sheet and reduces financial risk.
1 week ago
*Market Sentiment & External Factors*
- *Property Sector Outlook*: The broader property market in Malaysia is experiencing a recovery, though it remains vulnerable to interest rate changes, economic growth, and market sentiment. The ongoing development projects like Setia Federal Hill could boost S P Setia’s earnings and market position.
- *Interest Rates*: Global interest rates, particularly from the U.S. Federal Reserve, could affect investor sentiment and funding costs. A rate cut, if it occurs, could benefit property stocks like S P Setia, potentially driving up prices.
1 week ago
RM0.60 !
When all hell breaks loose in US market on 17th September (Fed Meeting), no one knows how low it can go!
One thing for sure, the counter will be shorted like no business!
Fed is having the biggest headache:
A. To cut rate, US dollar will collapse further. US dollar certain outflow to emerging markets.
B. Cut just a little rate say 25 basis points instead of 50 or more, you can't contain a recession.
C. No rate cut (delayed):
All indexes crash like hell.
September 2024 going to be biggest dilemma for Fed and US markets.
May be WWIII starts, everything can talk later including 35 trillions debts.
1 week ago
Gloabalequity du gilaa babbi kah ? Rate cut will benefit Malaysia , foreign fund wil go in , recently small cap n tech stock sell down is by local fund n retailer ,they scare market crash ,once us rate cut ,they too emosinaly and brain negative thinking
Foreign fund are net BUY August , if rate cut started , more foreign fund will go in KLCI
1 week ago
Potentially stabilizing and rebound after the cessation of selling activity by Sub. S-hdr Amanahraya
1 week ago
rate cut analysis like telling everything drop, not only SPSETIA lol, so all need to buy, sell off now lol
1 week ago
Rate cut U.S next week will benefit U.S property stock ,U.S property stock will lead a gainer once U.S rate cut slowly starts ,following KLCI property stock will follow rebound , TP SPSETIA 1.50 by Middle OCT
4 days ago
Entire top floor of Battersea Power Station's 50 Electric Boulevard leased to global marketing agency Team Lewis.
4 days ago
https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E6%A3%AE%E6%9E%97%E5%9F%8E%E5%B8%82%E9%87%91%E8%9E%8D%E7%89%B9%E5%8C%BA%E5%91%A8%E4%BA%94%E6%8E%A8%E4%BB%8B-%E5%A5%96%E6%8E%96%E8%AE%A1%E5%88%92%E5%88%BA%E6%BF%80%E6%9F%94%E4%BD%9B%E7%BB%8F%E6%B5%8E
Johor Theme play May appear this 20 Sept , SPSETIA , see u RM 1.50 by end Sept
1 day ago
*** US soft landing expected this Thursday with rate cut
*** BOJ (Bank of Japan) to remain rate this Friday to avoid another July crash
Let's hope to see more actions in Bursa in coming days...
1 day ago
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ken2004
as those people been sue already left the company awhile back, yes, it is a scandal but those so called losses already awhile ago which does not impact the current finance, so the throwing will not last long i think.....
2 weeks ago