Highlights
KLSE: SIMEPROP (5288)       SIME DARBY PROPERTY BERHAD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.67   0.00 (0.00%)  0.66 - 0.675  1,726,000
Analyze this stock with MQ Trader system

Overview

Market Cap: 4,557 Million
NOSH: 6,801 Million
Avg Volume (4 weeks):2,663,778
4 Weeks Range:0.60 - 0.70
4 Weeks Price Volatility (%):
70.00%
52 Weeks Range:0.475 - 0.86
52 Weeks Price Volatility (%):
50.65%
Average Price Target: 0.66
Price Target Upside/Downside: -0.01

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  25-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  26-Feb-2021
T4Q P/E | EY: -14.24  |  -7.02%
T4Q DY | Payout %: 4.48%  |  - %
T4Q NAPS | P/NAPS: 1.35  |  0.50
T4Q NP Margin | ROE: -15.44%  |  -3.48%

Headlines

Date Subject
15-Dec-2020 【行家论股/视频】森那美产业 上行利好明年有惊喜
26-Nov-2020 Sime Darby Property - New launches reported strong take-up rates of 84%
26-Nov-2020 Sime Darby Property - Overseas Impairments
26-Nov-2020 Sime Darby Property - Impairments Drag
26-Nov-2020 Sime Darby Property - 9MFY20 earnings impacted by impairment and write-offs
02-Nov-2020 减库存+降成本 森产业前景稳定
27-Oct-2020 ESG - Navigating Sustainability on the Investment Landscape
07-Oct-2020 Sime Darby Property headquarters temporarily shut after one staff tests positive for Covid-19
28-Aug-2020 Mplus Market Pulse - 28 Aug 2020
28-Aug-2020 Sime Darby Property - Completed inventories reduced by 22.6% YoY
27-Aug-2020 Sime Darby Property- Impairments Weigh
27-Aug-2020 Sime Darby Property - 1HFY20 Core Net Profit Falls by 78%
27-Aug-2020 Sime Darby Property - Impairment Drag
26-Aug-2020 Mplus Market Pulse - 26 Aug 2020
22-Jul-2020 Mplus Market Pulse - 22 Jul 2020
20-Jul-2020 Property & REIT - Still lacking catalyst
15-Jul-2020 Mplus Market Pulse - 15 Jul 2020
27-May-2020 Sime Darby Property- Cash flow management is the priority for FY20
22-May-2020 PublicInvest Research- A Slow Start
22-May-2020 Sime Darby Property Bhd - Below Our Expectation

Business Background

No description available for this stock.
Trade this stock with 3 x trading limit. Find out more.

  liverpool82 likes this.
 
Good123 Sime Darby Property was not unaffected by the softened market. While the prospects
seemed weak, our strength as a township developer gave us some protection against the
demand and supply situation. Our ability to design and deliver product solutions to a
cross-section of consumers in the market gave us a business advantage, in terms of our
flexibility to diversify our revenue potential across segments. In 2019, a major share of
our offerings was in the affordable product segment, targeted at first-home buyers. This
strategy was instrumental in garnering good response from the market, contributing to
our overall performance.
07/08/2020 6:43 AM
Good123 Additionally, affordability alongside accessibility has been and will
be the key customer value proposition into the future. During the
year under review, we launched Elsa, our first product under the
Affordable Collection in Bandar Bukit Raja, which was fully sold-out
on the launch day itself. This encouraging trend continued with
Serenia City, our youngest township, recording take-up rates of
more than 90 percent.
07/08/2020 6:45 AM
Good123 Beyond Strategies: Realigning with the Changing
Landscapes
The predictions of increased economic and industrial headwinds will
catalyse corporations, particularly those in key sectors, to realign their
strategies moving forward. This global predicament pushes the
Management to remain vigilant in ensuring Sime Darby Property, as the
largest property developer in the country, with international exposure,
is protected via prudent cash flow management, alignment of
immediate priorities and increased engagements with stakeholders.
More than two years after we unveiled our five strategic priorities, we
believe that the Company has gained positive momentum. A key part of
this is the setting-up of a new Industrial and Logistics Development
business segment to spearhead our venture into this new growth area,
especially in Bandar Bukit Raja, Serenia City and City of Elmina. We
expect Bandar Bukit Raja to be a major beneficiary from the opening of
two interchanges connecting the township to the new West Coast
Expressway.
The Malaysia Vision Valley 2.0 is also gaining traction with the
groundbreaking of its first industrial park in Nilai Impian. MVV 2.0 has
been well supported by the Negeri Sembilan State Government and the
revival of two major infrastructure projects, namely the East Coast Rail
Link and the High Speed Rail, would benefit the development.
As for residential development, we will continue to prioritise
developments in key areas, namely townships along the Guthrie
Corridor Expressway, Bandar Bukit Raja, Serenia City and Nilai Impian.
This momentum however is expected to be affected by the global
economic downturn that will beset Corporate Malaysia. While it is
difficult to predict the near-term outlook, Sime Darby Property will
prepare for all eventualities by being agile and respond rapidly to
changes in the internal and external environment.
The COVID-19 pandemic has taught us that disruption comes in many
forms. The restrictions that entail pushes us to rise and meet the
changing requirements, and to keep up, we are using this period to
revisit our current strategies to move towards a more wholesome
approach of township development. This includes creating a supportive
ecosystem for healthcare sector and SMEs as well as forming catalytic
partnerships beneficial to the communities within our developments.
07/08/2020 6:47 AM
Good123 FOREIGN: 40% ASSOCIATES
Battersea Project Holding Company Limited Group
Battersea Power Station Development Company
Limited Group
Battersea Power Station Estates Limited
07/08/2020 6:49 AM
Good123 2019
• Launch of dto, Malaysia’s
first property co-creation
digital platform.
• Sime Darby Property is
reselected as an Index
Constituent in the Dow
Jones Sustainability Index.
• Sime Darby Property makes
more than RM1 billion sales
with Primetime 8 campaign.
• Sime Darby Property
partners a Malaysian-based
environmental NGO to set
up a rainforest knowledge
centre in the City of
Elmina.
• Sime Darby Property
collaborates with TNBX
Sdn Bhd to provide
smarter and greener homes
in the City of Elmina.
• Spotlight 8 campaign hits
RM1 billion sales.
• Groundbreaking
ceremony of Bandar
Bukit Raja Industrial
Gateway.
07/08/2020 6:50 AM
Good123 Total Group Properties 21,176 land area(acres) RM7,256,091,000. @31 Dec 2019. hope , monetise and sell some non-core or strategic ones and pay special dividend to shareholders
07/08/2020 6:56 AM
Good123 Substantial Shareholders as per the Register of Substantial Shareholders@31.3.2020
No. Name of Shareholders
No. of
Shares Held
(Direct Interest)
% of
Issued Shares
No. of
Shares Held
(Indirect/
Deemed Interest)
% of
Issued Shares

1 Amanahraya Trustees Berhad
– Amanah Saham Bumiputera 2,989,949,600 43.964 – –
2 Employees Provident Fund Board 707,989,346 10.410 78,232,573 1.150
3 Permodalan Nasional Berhad 369,183,792 5.429 – –
4 Yayasan Pelaburan Bumiputra1 – – 369,183,792 5.429
5 Kumpulan Wang Persaraan
(Diperbadankan) 401,836,212 5.909 26,547,700 0.390

Note:
1 Deemed interested by virtue of its shareholding in Permodalan Nasional Berhad pursuant to Section 8 of the Companies Act 2016.
07/08/2020 6:59 AM
Good123 ANALYSIS OF SHAREHOLDINGS
as at 31 March 2020
Top Thirty (30) Shareholders as per the Records of Depositors
No. Name of Shareholders
No. of
Shares Held
% of
Issued
Shares
1 Amanahraya Trustees Berhad
Amanah Saham Bumiputera 2,989,949,600 43.964
2 Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board 722,243,419 10.620
3 Kumpulan Wang Persaraan (Diperbadankan) 401,836,212 5.909
4 Permodalan Nasional Berhad 369,183,792 5.429
5 Amanahraya Trustees Berhad
Amanah Saham Malaysia 2 – Wawasan 138,000,000 2.029
6 Amanahraya Trustees Berhad
Amanah Saham Malaysia 118,109,900 1.737
7 Amanahraya Trustees Berhad
Amanah Saham Bumiputera 2 107,000,000 1.573
8 Citigroup Nominees (Tempatan) Sdn Bhd
Great Eastern Life Assurance (Malaysia) Berhad (PAR 1) 60,760,649 0.893
9 HSBC Nominees (Asing) Sdn Bhd
JPMCB NA for Vanguard Total International Stock Index Fund 57,546,024 0.846
10 Amanahraya Trustees Berhad
Amanah Saham Malaysia 3 53,885,437 0.792
11 HSBC Nominees (Asing) Sdn Bhd
JPMCB NA for Vanguard Emerging Markets Stock Index Fund 53,637,342 0.789
12 Cartaban Nominees (Tempatan) Sdn Bhd
PAMB for Prulink Equity Fund 50,181,727 0.738
13 HSBC Nominees (Asing) Sdn Bhd
HSBC BK PLC for Kuwait Investment Office (KIO) 41,043,100 0.604
14 Guoline (Singapore) Pte Ltd 40,749,100 0.599
15 Amanahraya Trustees Berhad
Amanah Saham Bumiputera 3 – Didik 40,274,300 0.592
16 Maybank Nominees (Tempatan) Sdn Bhd
Maybank Trustees Berhad for Public Ittikal Fund (N14011970240) 40,000,000 0.588
17 Citigroup Nominees (Asing) Sdn Bhd
CBNY for Norges Bank (FI 17) 37,240,800 0.548
18 Citigroup Nominees (Tempatan) Sdn Bhd
Exempt An for AIA Bhd 36,816,658 0.541
19 Quek Leng Chan 34,450,000 0.507
20 Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA) 34,196,500 0.503
21 Maybank Nominees (Tempatan) Sdn Bhd
Maybank Trustees Berhad for Public Regular Savings Fund (N14011940100) 32,230,416 0.474
22 Cartaban Nominees (Asing) Sdn Bhd
Exempt An for State Street Bank
07/08/2020 7:01 AM
Good123 MIDF Research in a recent report said the aggressive overnight policy rate (OPR) cuts have improved home buyers’ purchasing power.

“Bank Negara cut its overnight policy rate for the fourth time this year by 25 basis points (bps) to a record low of 1.75% in July due to the severe impact of the Covid-19 pandemic on the global economy. The aggressive OPR cuts this year are positive to the sector as it improved home buyer’s purchasing power by reducing loan installments.

“We estimate monthly installments to reduce by 14%, after 125 bps cut for RM500,000 loan with a loan repayment period of 30 years, which is quite significant in our view. Hence, we think the record-low interest rate will partly help to alleviate home buyers’ issue of securing home financing, as the record low yield has boosted the affordability of home buyers.”

MIDF Research also said it expected loan demand to recover in the second half of 2020.

Citing Bank Negara’s statistics, it said total applied loan for the purchase of property improved sequentially by 52.9% month-on-month to RM13.1bil in May, after plunging by 64.8% month-on-month in April.

“Note that total applied loan recorded steep decline in April due to the disruption to business activity following the commencement of the MCO.

“Nevertheless, total applied loan in May was lower by 61.8% year-on-year while cumulative total applied loan in the first five months of 2020 was lower by 33.6% year-on-year, indicating buying interest was subdued.”

Looking ahead, the research house expected buying interest to recover in the second half of this year, spurred by incentives introduced by the government.

Under the Short-Term Economic Recovery Plan (Penjana), which was announced in June, the government reintroduced the Home Ownership Campaign (HOC). Under the HOC, stamp duty exemption will be provided on the transfer of property and loan agreement for the purchase of home priced between RM300,000 and RM2.5mil.
07/08/2020 7:31 AM
Good123 The Dow Jones Industrial Average rose 0.68% and the S
07/08/2020 7:36 AM
Good123 jikalau property cyclical play Dah sampai, boleh Naik berapa %? :)
07/08/2020 8:47 AM
Good123

Expensive housing: People sit at a rooftop cafe as residential buildings stand in the background in Seoul. Home prices in Seoul have risen more than 50% since 2017, the fastest pace in the world. — Bloomberg

SEOUL: Even with unemployment spiking as the coronavirus pandemic swept South Korea in February, Baek Seung-min asked his wife to quit her nursing job to help reach a dream they had spent a lifetime chasing: buying their own apartment.

The 35-year-old interior designer said giving up his wife’s 58 million won (US$48,000) salary would improve their chances of securing a property after the government introduced a host of measures aimed at cooling rampant property prices.

The unusual plan was to cut his wife’s income for a while so the couple’s annual earnings were low enough to be eligible for a quota system in new property developments designed to give more low-income newlyweds access to housing.

Even so, Baek and his wife decided to settle two hours west of his Seoul workplace in Incheon, where borrowing rules were looser and apartments far cheaper.

“Seoul home prices grew way out of reach, we had to go all the way to Incheon to buy our place, ” Baek said. “The government is crushing our dreams when they curb loans and tell us not to buy homes, it enrages me.”

Despite more than 20 cooling policies introduced by President Moon Jae-in’s government, home prices in Seoul have risen more than 50% since 2017, the fastest pace in the world, according to statistics site Numbeo.

The surge has dashed the hopes of many young families and signalled that the “middle class contract” that helped build Asia’s fourth-largest economy may have slipped out of reach.

When the left-leaning Moon took office in 2017, his central promise was to create a level playing field for all South Koreans and a society where hardworking people could raise a family and afford a home.

But tighter mortgage rules featuring vastly lower loan-to-value ratios, along with various tax penalties to discourage speculative transactions, are contributing to higher rents and larger down payment requirements – hurting those the policies are intended to help.

Mortgage rules for Seoul now cap borrowing at 40% of the value of the home. Pockets of the glitzy suburb of Gangnam are also subject to a transaction permit system, meaning sales without a permit can be made invalid if a purchase is considered “speculative”.

Critics say such policies mean the “gold spoon” children of the wealthy can snap up the best homes with their cash, leaving “dirt spoons” trapped as second-class citizens – fuelling the inequality Moon promised to tackle.

While some families are cutting their incomes to improve their chances of getting a boost onto the property ladder, others are getting divorced on paper to reduce real estate taxes or not registering their marriage to keep separate home-buying applications, according to two lawyers and a tax accountant Reuters spoke to.

Anger at Moon’s economic policies has wiped out a surge in his approval ratings from the handling of the coronavirus pandemic, slipping back to a near nine-month low of 44.5%, according to a Real Meter survey yesterday. The Presidential Blue House declined to comment.

On Tuesday, Finance Minister Hong Nam-ki said stabilising home prices was the government’s biggest public welfare policy goal as plans were announced to add more than 132,000 new homes in Seoul through 2028.

For decades following the 1950-53 Korean War, South Koreans saw a degree from a top university and an apartment in Seoul as the fastest way to the middle class, which explains why about three-quarters of household wealth is concentrated in real estate.

But now, “dirt spoons” who studied hard and secured white-collar jobs such as lawyers and interior designers say the cooling measures Moon introduced have made it impossible for them to buy a property in Seoul even with a six-figure salary.

It now takes an average South Korean household more than 14 years of income to buy an average Seoul home, assuming zero expenses. It was 11 years when Moon took office, KB Bank data shows. — Reuters
07/08/2020 10:11 AM
JXnotJAX how is this profit making company and so many good news still low? undervalued la this stock, city of elmina whole batch of lands still not developed,
07/08/2020 4:20 PM
JXnotJAX let's buy up, potential RM 1 after qr too undervalued
11/08/2020 11:52 AM
OldWiseMan100 Post removed. Why?
12/08/2020 12:06 AM
JXnotJAX close very nice indeed! next week steady up
14/08/2020 5:02 PM
mf gap down
26/08/2020 1:44 PM
Jeffreyteck Few months ago Apr ....Zeti convinced of Sime Darby Property's resilience in the event of severe setbacks. Then in May, Sime Darby Property Bhd’s net profit for the first quarter ended March 31, 2020 (1QFY20) plunged 95% to RM14.15 million. Today Aug, Sime Darby Property swings to loss in 2Q.
Good efforts.
LT negative amidst huge borrowings. ST trading play as may be seen as opportunities of its low price.
26/08/2020 5:54 PM
Good123 SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2020

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD

CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER

CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

30 Jun 2020

30 Jun 2019

30 Jun 2020

30 Jun 2019

$$'000

$$'000

$$'000

$$'000

1Revenue

288,225

865,897

764,962

1,441,029

2Profit/(loss) before tax

-98,252

179,458

-87,328

480,938

3Profit/(loss) for the period

-99,416

191,996

-97,356

466,318

4Profit/(loss) attributable to ordinary equity holders of the parent

-81,766

205,259

-67,613

470,334

5Basic earnings/(loss) per share (Subunit)

-1.20

3.00

-1.00

6.90

6Proposed/Declared dividend per share (Subunit)

0.00

1.00

0.00

1.00



AS AT END OF CURRENT QUARTER

AS AT PRECEDING FINANCIAL YEAR END

7
Net assets per share attributable to ordinary equity holders of the parent ($$)

1.3900

1.4300
26/08/2020 8:40 PM
Jeffreyteck MK land nta is close to $1 but price around $0.145.
04/09/2020 7:21 AM
Jeffreyteck Sime Seremban project has 90% take-up rate.... uum, enough to pay management and bod.
25/09/2020 10:13 AM
matg buy and keep
25/09/2020 3:31 PM
matg wah panjang umur terus spike
25/09/2020 4:24 PM
limkokthye An employee at Sime Darby Property (Group) headquarters here has been tested positive for Covid-19. This was confirmed by the conglomerate through its statement issued today. It said the employee was tested positive on Oct 6 and was currently undergoing treatment at the hospital. Following that, it said the headquarters would be temporarily closed for deep cleaning and disinfection exercises.
08/10/2020 6:11 PM
RainT keep how long ?
18/10/2020 7:38 PM
properinvest1122 property related stock will start moving can start accumulated
17/11/2020 12:17 AM
Ezitrade take up rate is on super high side, but the quality is.... ask Serenia city's buyer
17/11/2020 12:24 AM
Keyman188 Aiya...don't care lahhh...

So long as super sale then more profit mahhh...

Keyman188 already been accumulating SP Setia & Sime Property lorrr...

You see SP Setia yesterday, slowly climbing up lorrr...
17/11/2020 12:27 AM
properinvest1122 uguys can see paramon also gap up a little bit thats why can accumulate before it start moving
17/11/2020 12:43 AM
Musfaz83 down pula
18/11/2020 9:51 AM
Jeffreyteck Few months ago Apr ....Zeti convinced of Sime Darby Property's resilience in the event of severe setbacks. Then in May, Sime Darby Property Bhd’s net profit for the first quarter ended March 31, 2020 (1QFY20) plunged 95% to RM14.15 million. Aug report, Sime Darby Property swings to loss in 2Q. Now, Q3, 300m losses. Resilience means, lol.

LT negative amidst huge borrowings. ST trading play as may be seen as opportunities of its low price.
25/11/2020 10:35 PM
Snowpiercer The inexperience CEO from UEM Ed, where business is practically given, has a steep learning curve.
26/11/2020 10:44 AM
Musfaz83 normally price moving upward for window dressing
03/12/2020 10:57 AM
fishchu Only seven companies were loss-making in 3Q20. The seven companies are in sectors that were worst hit by the pandemic, namely AirAsia Group Bhd, Genting Malaysia Bhd, Malaysia Airports Holdings Bhd and Genting Bhd as well as three companies that are property and construction-related — Sime Darby Property Bhd, S P Setia Bhd and Gamuda Bhd.
While these seven counters have all seen poorer performance on a year-on-year basis, three companies — AirAsia, Genting and Genting Malaysia — reported narrower net losses against their respective immediate preceding quarter (2Q20).
03/12/2020 10:23 PM
StocksAdvisor Post removed. Why?
04/12/2020 10:55 AM
thesteward I believe w go high like Spsetia
04/12/2020 2:41 PM
thesteward Holding tight let’s go 80 first then rm1
04/12/2020 4:11 PM
Forcepre7238 Look like under rally Xmas this counter
12/12/2020 9:56 AM
klcianalyzer Let’s see if this counter wants to stay down trend or wanna start moving upwards
12/12/2020 10:59 AM
Jarall Tomorrow is sime day
13/12/2020 7:04 AM
klcianalyzer Sime day or same day :D
13/12/2020 8:07 PM
tomanhead It's a sime day....tomorrow another sime day ;-)
14/12/2020 5:53 PM
5877max 森那美产业(SIMEPROP, 5288)十二月份股价的威力https://gma98.blogspot.com/2020/12/blog-post.html
15/12/2020 10:39 PM
tomanhead tomorrow hit 80 cts
17/12/2020 7:54 PM
Jeffreyteck Looks like epf is helping kum persaraan? One sell, one buy?
18/12/2020 8:58 AM
Trouble Huat Haha. Those all buy high gg le.. Haha
22/12/2020 12:57 PM
cspsuarez On an uptrend currently forming its HL i supposed?
31/12/2020 6:35 PM
klcianalyzer Time to buy simeprop again
07/01/2021 3:10 PM
abc333 reverse
14/01/2021 5:12 PM
ronaldong when next qr? almost finish 1st month of new year alrdy. no balls ka
19/01/2021 12:07 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program
 
 

457  576  569  492 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 VSOLAR 0.040.00 
 SAMAIDEN 1.72+0.04 
 PNEPCB 0.34-0.04 
 PA 0.1750.00 
 CYPARK 1.38+0.04 
 ARBB 0.29+0.015 
 KTG 0.265-0.005 
 QES 0.335-0.02 
 CONNECT 0.2250.00 
 SUNZEN 0.235+0.015 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS