Posted by sg999 > 2024-01-13 02:11 | Report Abuse

if uems big fall, simepro will follow as well

Posted by hhhiii123 > 2024-01-15 11:10 | Report Abuse

Ggg, ready to break

Posted by newbie9893 > 2024-01-15 12:09 | Report Abuse

slowly but surely...go...go...go

Posted by jinchan > 2024-01-15 14:15 | Report Abuse

still can buy now?

Posted by pang72 > 2024-01-15 21:56 | Report Abuse

70.5c liao

Posted by pang72 > 2024-01-17 13:29 | Report Abuse

Simep is much stable, less volatile

Posted by pang72 > 2024-01-17 13:30 | Report Abuse

I like quiet stock

Posted by hhhiii123 > 2024-01-18 16:45 | Report Abuse

Out and prepare entry again hehe

Posted by bullrun2025 > 2024-01-19 08:28 | Report Abuse

Anyone can advice is it the double top formed for this stock

Posted by hhhiii123 > 2024-01-19 09:45 | Report Abuse

No double top la, anytime this counter will shoot to sky one, just how long you are willing to hold for it

Posted by pang72 > 2024-01-22 13:23 | Report Abuse

Let's break 76.5c 52 wks high..
PROPERTY continues in focus

Posted by pang72 > 2024-01-22 15:04 | Report Abuse

Today up 2c
Tmr up 2c
The next day up lagi 2c..

Then, 77.5c break 52wks high

Posted by pang72 > 2024-01-23 21:09 | Report Abuse

HLIB Retail Research – 23 Jan - Bullish Tracker
Date:
2024-01-23
Firm:
HLG
Stock:
SIMEPROP
Price Target:
1.05
Price Call:
BUY
Last Price:
0.715
Upside/Downside:
+0.335 (46.85%)
SIMEPROP (5288)-Main market, Property
As the largest industrial developer in Malaysia, SIMEPROP’s is well-positioned to capitalize on the thriving industrial segment, which is benefitting from strong FDIs as a result of re-shoring activities by global manufacturers due to rising geopolitical tensions. This should bode well for the industrial contribution to SIMEPROP’s sales, which had seen sizeable increase from 0% in 2019 to 33% of its 9M23 sales. This segment is attractive, fetching higher margin and faster construction time compared to residential.

Landed residential is SIMEPROP’s forte. Overall, green shoots are emerging for residential landed in greater Klang Valley (KV) as evident from the improving and strong take-up rates enjoyed by landed township developers not only in KV but also in the fringe areas of Negeri Sembilan. Given that 94% of the group’s remaining GDV are in the greater KV region, the group is poised to greatly benefit from this trend.

Reiterates BUY with a RM1.05 TP (ascribing a 50% discount to our estimated RNAV of RM2.10) as the group’s strong execution track record and well-planned strategies should allow it to ride this new upcycle.

Positive Cup with Handle formation may spur share prices higher towards 0.765-0.795-0.93 levels

✅Current price: RM0.71

✅Entry: RM0.69-0.71-0.715

✅Resistance: RM0.765-0.795-0.93

✅Cut loss: RM0.675

✅FY12/2024E DY: 3.4%

✅Latest Book value/shr (RM): 1.45

✅Price/book value (x): 0.49 (-18% vs 10Y avg 0.6x)

✅Risk profile: Medium

Source: Hong Leong Investment Bank Research - 23 Jan 2024

Posted by pang72 > 2024-01-23 21:10 | Report Abuse

HLG target $1.05

Posted by pang72 > 2024-01-23 21:14 | Report Abuse

Hlib gave $3.90 target for ytlpower way accurate than others..
So, $1.05 for SIMEPROP, hopefully or I believe as accurate as ytlpower target

Posted by troy88 > 2024-01-24 10:08 | Report Abuse

Finally showing it's potential..

Posted by wallstreetrookieNEW > 2024-01-24 12:00 | Report Abuse

SimeProp is currently the largest industrial developer in Malaysia with more than
RM15bn remaining GDV for industrial developments. The group has several industrial lands in
townships such as Bandar Bukit Raja, Elmina Business Park, Serenia City, Hamilton Nilai City,
Bandar Universiti Pagoh and the more recently acquired Kapar land. The industrial segment
remains attractive given the strong FDI flows to Malaysia, noting that in 2022, Malaysia recorded
its highest net FDI amounting to RM73.3bn (+52.2% YoY) (see Figure #1 below). As a geopolitically
neutral country, Malaysia is well-positioned to benefit from the de-globalization trend as
manufacturers re-shore and recalibrate their supply chains due to the ongoing US-China trade
friction and Russia-Ukraine war.

Credit: HLIB Research

Posted by wallstreetrookieNEW > 2024-01-24 12:01 | Report Abuse

Ready to soar. In a property upcycle, the developer that will see the largest re-rating in stock price
are those that (i) are pure-play developers; (ii) have largest landbank; (iii) strong execution; and (iv)
undemanding valuation. SimeProp meets all these criteria and currently has a head start in the
upcycle ahead of its peers given its exposure to the attractive segments. With the last hurdle of
labour shortage resolved, we think the group is ready to double down on its effort and go into market
more aggressively moving forward, which should culminate in stronger earnings growth in years to
come.

Credit: Tan Kai Shuen, CFA

Posted by wallstreetrookieNEW > 2024-01-24 12:02 | Report Abuse

AmanahRaya Trustee disposing shares to foreign institutional buyer. BUY

Posted by hhhiii123 > 2024-01-24 12:52 | Report Abuse

Trend so geng, break 80 can topup again

Posted by pang72 > 2024-01-24 23:04 | Report Abuse

https://www.sinchew.com.my/news/20240124/finance/5332515
Lagenda+SIMEPROP - > Affordable House

Posted by hhhiii123 > 2024-01-24 23:09 | Report Abuse

Good things is I am holding both lagenda and simeprop, wakaka

Posted by old boy > 2024-01-26 21:51 | Report Abuse

Forming a perfect cup and handle pattern weekly chart, strong uptrend if break 0.755

Posted by kahfui1221 > 2024-02-02 16:12 | Report Abuse

HLIB Research upbeat about Sime Darby Property-Lagenda JV housing project in Gurun

https://www.nst.com.my/property/2024/01/1006707/hlib-research-upbeat-about-sime-darby-property-lagenda-jv-housing-propject

Posted by wallstreetrookieNEW > 2024-02-06 19:02 | Report Abuse

Added more. Elmina Shah Alam is selling like hot cakes

Posted by KingKKK > 2024-02-08 10:37 | Report Abuse

Property Sector - Pre-CNY Rally Leaders and Laggards? Discussion about E&O, SIMEPROP, UEMS, SPSETIA, SUNWAY, IOIPG, MAHSING and ECOWLD

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-02-08-story-h-189225169-Property_Sector_Pre_CNY_Rally_Leaders_and_Laggards_Discussion_about_UEM

Posted by hhhiii123 > 2 months ago | Report Abuse

Today so geng, hehe

Posted by Mabel > 2 months ago | Report Abuse

Sime Darby Property Berhad
SIMEPROP
Share Price 7 Day 1 Year
0.78 4.0% 56.0%


Price target increased by 7.8% to RM0.88
Up from RM0.81, the current price target is an average from 13 analysts.
New target price is 12% above last closing price of RM0.78.
Stock is up 56% over the past year.
The company is forecast to post earnings per share of RM0.06 for next year compared to RM0.06 last year.

Posted by pang72 > 2 months ago | Report Abuse

Maintain BUY, TP rises to MYR1.05 from MYR0.93, 31% upside with c.3% FY24F yield. Sime Darby Property’s 4Q23 earnings beat expectations. Its full-year property sales of MYR3.3bn exceeded management’s original target again. Riding on the strong momentum, management has set a sales target of MYR3bn for FY24, while current bookings have already reached MYR1.9bn. We raise our TP for this stock, in view of the encouraging sentiment on the property market.

Posted by pang72 > 2 months ago | Report Abuse

Making a handle pattern will fly cross 80c.
Here, we go

Posted by pang72 > 2 months ago | Report Abuse

https://www.edgeprop.my/content/1908823/sime-darby-property-concludes-dragon-deals-campaign-rm352-mil-worth-bookings

$350mils booking!?

Posted by Iamnotasifu > 2 months ago | Report Abuse

Simeprop getting at least 500m PAT annual, going to be the KING of Property in Msia.

Posted by Ninja _07 > 2 months ago | Report Abuse

All property counters are going up simultaneously. Meaning nothing special about one particular counter. Monday will know.

Posted by Investorrr > 2 months ago | Report Abuse

this round the main driver is spsetia ,up since last week

Posted by pang72 > 2 months ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/03/15/property-prices-to-rise-significantly-in-1h24

Property price rise significantly!!!

Posted by pang72 > 2 months ago | Report Abuse

At such, Sime property will earn signifant profit 1h24:=
If wrong means the rehdah chairman analysts wrong

Posted by newbietrader9 > 2 months ago | Report Abuse

Next Target =0.83-0.85
Entry @ 0.8

Posted by pang72 > 2 months ago | Report Abuse

New target is $1.05

Posted by pang72 > 2 months ago | Report Abuse

83 to 85 is within reach next Friday.
So, no syiok, no challenge, must give high expectations to SIME group... GLCis the lead for Madani government!!

Posted by Iamnotasifu > 1 month ago | Report Abuse

New target is RM2.3

Simeprop going to KLCI soon

Posted by pang72 > 1 month ago | Report Abuse

Wait for corporate exercise within glc properties arm... Spsetia, Simep and UEMS...

Simep then can hit $2.30

Posted by Iamnotasifu > 1 month ago | Report Abuse

today touch 84, closed at 82, tomorrow touch 86 , close 84? or tmr RM1?

Posted by thenormal1 > 1 month ago | Report Abuse

Engine just started today

Posted by Iamnotasifu > 1 month ago | Report Abuse

Today closed 83 with strong buying, tomorrow 93?

Posted by Iamnotasifu > 1 month ago | Report Abuse

Today touch 86 closed 85, tomorrow touch 90sen close 88?

Posted by klee > 1 month ago | Report Abuse

will break 90 sen n continue up next week

Posted by pang72 > 1 month ago | Report Abuse

My all time favorite begins the journey to north again...
Round2 mari

Posted by pang72 > 1 month ago | Report Abuse

Elmina selling like hot cake or hot patato...
Simep shld sell like hot papaya too

Posted by pang72 > 1 month ago | Report Abuse

Rhb targets $1.05 on the way..

Posted by pang72 > 1 month ago | Report Abuse

Hopefully can touch by next Friday since many queuing to buy elmina landed property from the profit from simep:)