Striving to TP1 RM1.80
TP2 RM2.30
TP3 RM3.00

TP1 RM1.80
TP2 RM2.30
TP3 RM3.00

Good investment for long term. NTA RM2.78 per share.

Potentially stabilizing and rebound after the cessation of selling activity by Sub. S-hdr Amanahraya

*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.

*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.

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.

What is the other operating income amounting to RM59,306,000.00 in the latest QR? Magical figure???

😂🤣😅
@Apple2353

Market merah dia turun
market hijau dia pun turun

Becareful. Pump n dump by operator

Consecutively lose for 16 Quarters😅😅😅

Buy and hold. Wait and See. Be patient and hope for the best. Please do not buy if cant hold

Agreed DatoT20

MZM2511 Why u keep repeating same comment???

Bought some @ 0.375

ECRL already announced but price still drop. Sell

Great 3.57 up up up

Whole day Flat

beachboy U r right. Do your own study. Trade at your own risk

CMSB keep buying back

Yeah

Keep dropping

Apuh drop below 1.00. Btw acquire some today

SaveMsiaFromPHGov Why u so confident that will up 28 cent per day?

Crash123456buil OMG KYY target is 2020

KYY TP3 still far away. All promoters r disappear when the price is drop

I also notice pang72 disappear ki lol

Why director CHEONG CHIA CHOU disposed so much of his share???

Q at 1.00 unfortunately cant match it

Today lowest at 0.500 la. Lol

CAHYA MATA SARAWAK BHD buyback 65,000 shares from 3.370 to 3.390 on 18-Mar-2019

TP easily 0.80? Sure bo?

Apuh... All profit gone

Wow

Touch 0.50 again FLY

TP 0.60
Hope today close above 0.50

Up up up

Close nicely

Dont worry. Sarawak Coastal & second trunk road project will strengthen CMSB

Stay above 40 cents

Break 55.5 cents. Go go go

Moving slowly but steadily

PERDANA is more powerfull now

Keep moving steadily

Why no contract amount in the news?

Stay above 3.3