UOB Kay Hian Research Articles
SP Setia: 3Q17: No Surprises
UOBKayHian
Publish date: Fri, 10 Nov 2017, 12:36 PM
UOBKayHian
0 1,987
An official blog in I3investor to publish research reports provided by UOB Kay Hian research team.
All materials published here are prepared by UOB Kay Hian. For latest offers on UOB Kay Hian trading products and news, please refer to: http://www.utrade.com.my
UOB Kay Hian Securities (M) Sdn Bhd (194990-K)
Hotline:
1800 UTRADE /
1800 88 7233 (Securities)
+6088 235611 (Futures)
Email: contact@utrade.com.my
All materials published here are prepared by UOB Kay Hian. For latest offers on UOB Kay Hian trading products and news, please refer to: http://www.utrade.com.my
UOB Kay Hian Securities (M) Sdn Bhd (194990-K)
Hotline:
1800 UTRADE /
1800 88 7233 (Securities)
+6088 235611 (Futures)
Email: contact@utrade.com.my
(SPSB MK/HOLD/RM3.30/Target: RM3.65)
SP Setia reported 3Q17 net profit of RM253.2m. Although 9M17 net profit of RM494.7m accounted for only 62% of our full-year estimate, we view the results as in line as earnings could see a boost in 4Q17, driven by the BPS project. Ytd, the group has secured RM2.8b in property sales, representing 70% of full-year target of RM4b. Maintain HOLD and target price of RM3.65, based on a 35% discount to RNAV. Entry price: RM3.20.
Source: UOB Kay Hian Research - 10 Nov 2017
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
2024-10-18
SPSETIA2024-10-18
SPSETIA2024-10-18
SPSETIA2024-10-18
SPSETIA2024-10-18
SPSETIA2024-10-17
SPSETIA2024-10-17
SPSETIA2024-10-16
SPSETIA2024-10-16
SPSETIA2024-10-15
SPSETIA2024-10-15
SPSETIA2024-10-14
SPSETIA2024-10-14
SPSETIA2024-10-14
SPSETIA2024-10-14
SPSETIA2024-10-11
SPSETIA2024-10-11
SPSETIA2024-10-11
SPSETIA2024-10-11
SPSETIA2024-10-10
SPSETIA2024-10-10
SPSETIA2024-10-10
SPSETIA2024-10-09
SPSETIA2024-10-09
SPSETIA2024-10-09
SPSETIA2024-10-08
SPSETIA2024-10-08
SPSETIAMore articles on UOB Kay Hian Research Articles
IHH Healthcare - 2Q22 Blip as Admissions See An Unequal Recovery
Created by UOBKayHian | Aug 26, 2022
IHH Healthcare - 4Q21 Results Beat Expectations Off Sustained Key Contributions
Created by UOBKayHian | Feb 24, 2022
Top Glove - 1QFY22 Results Weighed by Softened Industry Prospects
Created by UOBKayHian | Dec 13, 2021
Gloves Companies – Malaysia - Glove Manufacturers Deemed Non-Essential Under EMCO
Created by UOBKayHian | Jul 12, 2021
Rubber Gloves – Malaysia - New Coronavirus Sparks Loftier But Justified Valuations
Created by UOBKayHian | Jan 29, 2020
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-10-18 16:35:00
EMA 5
5 Mins
BUY
2024-10-18 16:25:00
EMA 5
5 Mins
SELL
2024-10-18 16:20:00
EMA 5
5 Mins
BUY
2024-10-18 16:15:00
ADX
5 Mins
BUY
2024-10-18 16:10:00
EMA 5
10 Mins
BUY
Apps
Top Articles
1
2
3
4
5
save malaysia!
6
save malaysia!
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
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....
