KLSE: SPSETIA (8664)       S P SETIA BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
1.47   -0.01 (0.68%)  1.46 - 1.50  4,835,200
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Market Cap: 5,980 Million
NOSH: 4,068 Million
Avg Volume (4 weeks):4,082,242
4 Weeks Range:1.12 - 1.50
4 Weeks Price Volatility (%):
52 Weeks Range:0.66 - 1.50
52 Weeks Price Volatility (%):
Average Price Target: 1.14
Price Target Upside/Downside: -0.33

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2021 [#2]  |  18-Aug-2021
Next QR | Est. Ann. Date: 30-Sep-2021  |  13-Nov-2021
T4Q P/E | EY: -103.27  |  -0.97%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 2.9418  |  0.50
T4Q NP Margin | ROE: 0.85%  |  -0.48%


Date Subject
08-Oct-2021 S P Setia - Potentially slower 3Q21 property sales
06-Sep-2021 Property - Cautiously optimistic for 2H2021
19-Aug-2021 SP Setia - Expecting Slower Sales in 2H21 SP
19-Aug-2021 SP Setia - Results Within Expectation
19-Aug-2021 Mplus Market Pulse - 19 Aug 2021
19-Aug-2021 S P Setia - 1HFY21 earnings within expectations
19-Aug-2021 S P Setia Berhad - 1H21 Met Our Estimate, Below Street’s
18-Aug-2021 实达房产销售带动 次季转盈赚7481万
13-Jul-2021 How does MCO affect steel industry? Koon Yew Yin
05-Jul-2021 Property Developers - Weathering Through Tough Times
18-Jun-2021 SP SETIA - Positive Pre-sales Momentum
09-Jun-2021 Property - Decent 1Q21 performance; still a long way to recovery
27-May-2021 S P Setia Berhad - 1QFY21 Broadly Within, Cautious on 3Q
27-May-2021 SP Setia - Expect Minimal Contribution From Battersea
27-May-2021 SP Setia - Higher sales drive profit
27-May-2021 Mplus Market Pulse - 27 May 2021
27-May-2021 SP Setia - Secures RM1.19bn Sales in 1QFY21
11-May-2021 【行家论股/视频】实达集团 售地发展新项目
10-May-2021 PublicInvest Research Headlines - 10 May 2021
10-May-2021 SP Setia Bhd - Selling 960-acre Land for RM518m

Business Background

S P Setia Bhd is a general real estate company that reports in three segments: property development, construction, and other operations. The vast majority of Setia’s revenue is generated by its property development business, which focuses on developing residential and commercial facilities, followed by its construction segment. Setia’s construction segment focuses on building and highway construction. The company considers merger and acquisition investment as a component of its operational growth strategy.
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  4 people like this.
Qwertyuiop When the market no one wants property stocks, it is time. :)
05/05/2021 7:19 PM
nisah395 Agreed

Qwertyuiop > When the market no one wants property stocks, it is time. :)
05/05/2021 7:19 PM
07/05/2021 8:15 PM
Keyman188 S P Setia sells Johor land to Scientex for RM518.1m

(theedgemarkets.com / May 07, 2021 18:31 pm +08)

KUALA LUMPUR (May 7): S P Setia Bhd is selling eight parcels of plantation land in Johor to Scientex Bhd for RM518.1 million.

S P Setia said in a bourse filing its wholly-owned subsidiary Pelangi Sdn Bhd had entered into a conditional sale and purchase agreement with Scientex’s wholly-owned subsidiary Scientex Quatari Sdn Bhd for the disposal.

“The approximately 960 acres of freehold land is located in Mukim of Tebrau, district of Johor Bahru and registered for agricultural use. It is currently home to matured oil palm trees,” it said.

According to S P Setia, the sale consideration is arrived at between the parties on a “willing-buyer willing-seller” basis after taking into consideration the market value of the lands of RM480.8 million.

S P Setia’s president and chief executive officer Datuk Khor Chap Jen said the sale of the lands is part of the group’s business strategy to improve efficiency by monetising some of the land bank to be ploughed back into its other project developments for immediate launches as well as paring down debt or other use deemed fit by the company.

“It is expected to contribute positively to S P Setia’s profits for the next few years,” he said.

According to him, S P Setia currently has 11 ongoing projects in the Southern region, and post-sale of the above, the group will still have an effective total remaining land bank of approximately 7,569 acres.

“Our focus for this financial year is to optimise the current landbank utilisation and by launching properties that are in demand within our matured townships,” he said.

In a separate statement, Scientex said the proposed acquisition represents a strategic investment opportunity to increase and boost its existing land bank.

“The close proximity between Scientex’s existing developments and the proposed development will enable Scientex to generate better operational efficiencies through greater economies of scale to be achieved during project implementation,” it said.

It also said the landbank expansion is in line with the goal of Scientex to build more affordable homes with an objective of completing 50,000 affordable homes throughout the nation by 2028.

“The land is expected to provide a steady and sustainable property development model as Scientex continues to focus on affordably priced landed properties, for which demand continues to remain firm and resilient,” it said.

The group also noted the proposed acquisition will be funded by internally generated funds and bank borrowings.

The proposed acquisition is expected to be completed in the first half of 2024, it added.

S P Setia’s share price gained three sen or 2.91% to close at RM1.06 today, valuing the group at RM4.3 billion. Meanwhile, Scientex went up two sen at RM4.13, valuing the group at RM6.4 billion.

## https://www.theedgemarkets.com/article/s-p-setia-sells-johor-land-scientex-rm5181m
07/05/2021 8:21 PM
Keyman188 Management really did the right decision...right planning...

07/05/2021 8:21 PM
Ntpboon 股价烂了卖地皮?
11/05/2021 2:17 PM
Beetles Surprisingly today Setia traded volume quite high and still able to stay flat. Really amazing, it is something brewing ?
11/05/2021 10:21 PM
Beetles Guys, any idea when is coming QR ?
16/05/2021 4:54 PM
drago_7 Sape beli semalam waktu panic-selling untunglah ....
22/05/2021 10:19 AM
YouNeedTrust QR out
25/05/2021 1:11 PM
Ninja _07 https://www.thestar.com.my/business/business-news/2021/05/25/s-p-setia-achieves-rm119bil-sales-in-1q
25/05/2021 7:18 PM
collie here we go!!
08/06/2021 2:50 PM
nasgee yesss...till 1.20
08/06/2021 2:56 PM
Sharefisher Monitoring........ Waiting...
09/06/2021 1:08 PM
Qwertyuiop Any idea on how rising building materials cost impact property developer? Will them pass down the inflated costs to the buyers, causing the property prices too increase soon?
14/06/2021 3:24 PM
nasgee nowww vromm
18/06/2021 11:03 AM
YouNeedTrust why suddenly surge 4 sen on closing?
18/06/2021 5:03 PM
Investorrr 3rd wave up the strongest wave
18/06/2021 5:25 PM
cg14134 Technically ready to shoot UP!
18/06/2021 11:53 PM
apokjak Will reach rm1.20 this week
04/07/2021 11:56 PM
drago_7 You have a crystal ball with you..?
05/07/2021 10:53 AM
Ntpboon --------------------------



唯独大马没动静 ?

05/07/2021 3:33 PM
drago_7 Cantik..~ Mahyuddin agreed to test his numbers in Parliament in Sept. Yes~!
04/08/2021 2:41 PM
YouNeedTrust QR out 75 mil PAT
18/08/2021 1:35 PM
drago_7 Cantik profit.. resistance counter during political crisis~!
18/08/2021 2:22 PM
Keyman188 Wahhh...3 consecutive quarter can produce profitable results....

18/08/2021 2:45 PM
Keyman188 Keyman188 still holding average cost about 0.66++...

NO PLAN to sell unless can reach above 2.80...

Never mind...Keyman188 can forgive you since you can't understand this company......


Posted by Gtrade > Aug 19, 2021 3:13 PM | Report Abuse

spsetia debt/cash =9 Loan= $13,000,000,000
19/08/2021 3:20 PM
Bgt 9963 Post removed. Why?
19/08/2021 5:12 PM
Investorrr sp breakout with volume today,start to move from the impovesive waive 3
23/08/2021 5:47 PM
Hamsyari Ceo passed away :(
27/08/2021 5:19 PM
silentWolf Come on spsetia..ijm..
01/09/2021 6:29 PM
Keyman188 OMG...today break 1.20 again...

07/09/2021 10:23 AM
Keyman188 OMG...so fierce today...

Already touched 1.27 liao...

07/09/2021 2:51 PM
Investorrr 2.90
07/09/2021 4:53 PM
Investorrr NTA 2.93
07/09/2021 4:53 PM
awesome20 ecowld will come chasing you spsetia
12/09/2021 5:16 PM
kevinobc https://www.marketwatch.com/story/dow-futures-drop-300-points-as-china-property-fears-grow-11632121264
21/09/2021 1:49 AM
SpikeNow sp setia wake up loh … go go go … today 6out of 10 all fly d !!!! lets make it 7 for you
23/09/2021 12:30 PM
investortrader88 My queue buy matched at RM 1.18 this afternoon.good luck guys.
27/09/2021 8:48 PM
Keyman188 What is happening???...

Other most counters down...down...down...

But this steady steady steady up up up again despite KLIC negative negative downward...

01/10/2021 3:16 PM
Ntpboon 地皮太多 ?
01/10/2021 3:58 PM
Keyman188 Today retest 1.27 (07/09/21) level again...

01/10/2021 4:05 PM
Ninja _07 Jatuh pulak...
07/10/2021 4:54 PM
YouNeedTrust 1.36 surpass TP 1.26
14/10/2021 11:40 AM
Investorrr re rating ,economy opening
14/10/2021 12:52 PM
InterFund® Good but slow...............................
14/10/2021 5:49 PM
Ntpboon 新官上任,股价也要在新的价位上?
15/10/2021 2:39 PM
YouNeedTrust 1.45 go go
15/10/2021 2:49 PM
Keyman188 OMG...What is happening today !!!...

Already 3 days non-stop moving up until 1.48...

15/10/2021 3:11 PM
investortrader88 investortrader88 My queue buy matched at RM 1.18 this afternoon.good luck guys.
27/09/2021 8:48 PM

Sp setia.keep it up .:):)
15/10/2021 3:12 PM
Investorrr could be potential to be AA master developer of the Bandar Malaysia which would house HSR,after the cancellation of the previous master?
15/10/2021 4:09 PM


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