SELANGOR PROPERTIES BHD

KLSE (MYR): SPB (1783)

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Last Price

6.27

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

87 comment(s). Last comment by calvintaneng 2019-01-16 14:39

passerby

2,877 posts

Posted by passerby > 2012-09-11 17:45 | Report Abuse

Dear System Admin,

The summary for this counter seems inaccurate. Appreciate if you could fix it.

passerby

2,877 posts

Posted by passerby > 2012-09-26 17:43 | Report Abuse

SPB = Selangor Properties Bhd not Spectrum Brand Holding....

Very defensive in nature this counter, if you like Help International Corporation (HIC), you will even like SPB more.

SPB hold 51% of HIC

Melvin G

601 posts

Posted by Melvin G > 2013-01-08 16:12 | Report Abuse

Ehehe If SPB able to maintain the 10% dividends it will be awesome!

passerby

2,877 posts

Posted by passerby > 2013-01-08 16:15 | Report Abuse

they corrected the summary of the counter at last :)

Melvin G

601 posts

Posted by Melvin G > 2013-01-08 16:19 | Report Abuse

Yea i sent to their admin with your treads posted. =) You will need to email them next time!

passerby

2,877 posts

Posted by passerby > 2013-01-16 17:17 | Report Abuse

Melvin G....this one all you fault......no one mention about it since Sep 2012 until you highlight it again recently...

Melvin G

601 posts

Posted by Melvin G > 2013-02-07 17:50 | Report Abuse

LoL.

garlic

30 posts

Posted by garlic > 2013-02-08 11:39 | Report Abuse

Melvin G: I heard the old lady already handed over the management roles to her son already.

You manage to collect at 3.31?

Melvin G

601 posts

Posted by Melvin G > 2013-02-08 11:58 | Report Abuse

Not able to sell at the higher price. Left half to keep now. Scared of Ge!

Melvin G

601 posts

Posted by Melvin G > 2013-04-08 16:36 | Report Abuse

wee lovely

hermen1123

174 posts

Posted by hermen1123 > 2013-04-08 21:33 | Report Abuse

any insider news??

nightshade

523 posts

Posted by nightshade > 2013-11-29 17:45 | Report Abuse

so steady.....yeah, screw RPGT....SPB not affected so much

nightshade

523 posts

Posted by nightshade > 2013-12-05 10:51 | Report Abuse

sien...suspend here & there

nightshade

523 posts

Posted by nightshade > 2013-12-06 15:44 | Report Abuse

spb exiting the education business...gonna get through

nightshade

523 posts

Posted by nightshade > 2014-01-06 17:25 | Report Abuse

deal done.....what to do with the money next?

Posted by baiyuensheng > 2014-03-26 16:07 | Report Abuse

when is the next dividend announcement?

Posted by baiyuensheng > 2014-03-31 11:46 | Report Abuse

what is tp? ANyone can share?

Posted by baiyuensheng > 2014-03-31 16:56 | Report Abuse

this forum seems muted.....

calvintaneng

53,223 posts

Posted by calvintaneng > 2014-04-01 15:10 | Report Abuse

Nightshade,

You are in UMW & SPB. Both my favourites. Both very good fundamental counters. Now if you have extra money for a one year view get some MP Corp on weakness. MP Corp will be at least 2 baggers

cva603

22 posts

Posted by cva603 > 2014-06-20 12:44 | Report Abuse

muted?

sklyte

2,621 posts

Posted by sklyte > 2014-06-23 10:46 | Report Abuse

rhb target price is rm8-rm8.30

sklyte

2,621 posts

Posted by sklyte > 2014-06-23 10:49 | Report Abuse

Deeply valued.
If we apply a 30-35% discount to its RNAV, in line with
our valuations for mid-tier property developers, the stock could be valued
at MYR8.01-8.62, offering investors a 38-49% upside to the current price.

sklyte

2,621 posts

Posted by sklyte > 2014-06-23 15:00 | Report Abuse

wow, speeding upppp... tp 8-8.60

huatar

9 posts

Posted by huatar > 2014-07-08 19:19 | Report Abuse

close 6.80, strong buying!

Posted by irene su > 2014-07-09 17:24 | Report Abuse

Thks, sklyte! Not much info after googling. I bought & kept bcos it has huge landbanks. And NTA is double its price. The only PT I saw is $6.60. Today, it dipped 19cts.

Shiaobao10

127 posts

Posted by Shiaobao10 > 2014-07-22 17:52 | Report Abuse

another undervalued gem....other than daiman, kseng....a true value investor will realise their real value soon....

mamipoko

98 posts

Posted by mamipoko > 2014-07-23 15:05 | Report Abuse

watch out for significant news at the end of month

kwah

16 posts

Posted by kwah > 2014-08-02 11:43 | Report Abuse

announcements by SPB on 6/6/14 that execution of SPA on sale of land on geran 70133 lot 56495 extended to 31/7/14. Anyone has news? Looks like no show

mamipoko

98 posts

Posted by mamipoko > 2014-08-04 16:48 | Report Abuse

SPB will make an announcement. This will be a significant announcement!

mamipoko

98 posts

Posted by mamipoko > 2014-08-04 16:48 | Report Abuse

soon.

kwah

16 posts

Posted by kwah > 2014-08-08 11:26 | Report Abuse

Waiting for the significant announcement but seen no gut or news. Today 8/8/14, a week after the extension

kwah

16 posts

Posted by kwah > 2014-08-11 22:37 | Report Abuse

Price will drop again tomorrow if the co remain silence on the sale of land on lot 56495. Investor loses confidence on the co.

passerby

2,877 posts

Posted by passerby > 2014-08-11 22:45 | Report Abuse

your are not on alert at all. SPB already made announcement dated on 6th August 2014 on the extension of time for the execution of SPA until 30th September 2014.

The announcements made by the Company on 3 March 2014 and 6 June 2014 relating to the Proposed Disposal refers.
(Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the announcements dated 3 March 2014 and 6 June 2014 in relation to the above matter.)
The Company wishes to announce that the Parties have mutually agreed to extend the deadline for the execution of the SPA in respect of the Proposed Disposal to 30 September 2014.
This announcement is dated 6 August 2014.

kwah

16 posts

Posted by kwah > 2014-08-12 22:34 | Report Abuse

Tq Passerby. I apologized for the slip

mamipoko

98 posts

Posted by mamipoko > 2014-08-22 00:39 | Report Abuse

SPB resumes uptrend

kwah

16 posts

Posted by kwah > 2014-10-01 09:46 | Report Abuse

If you looks for dividend, 450m sale of land in cash may bring you good dividend. Let's wait for 'durian runtuh'. haha

mamipoko

98 posts

Posted by mamipoko > 2014-10-05 08:21 | Report Abuse

SPB released great news when market hit a low... great time to accumulate... NAV will easily reach a conservative RM7.00 by last quarter of 2015...More income from launching of properties in Gombak n Selayang

Fong Kh

1,836 posts

Posted by Fong Kh > 2015-01-15 11:35 | Report Abuse

any good news for this stock?

mamipoko

98 posts

Posted by mamipoko > 2015-01-15 13:28 | Report Abuse

Judging from its recent accumulation pattern, some impending good news!

redpeople

270 posts

Posted by redpeople > 2015-10-26 15:16 | Report Abuse

yummy yummy yummy.. give me RM5..!!! throw to me !!

rica7894

165 posts

Posted by rica7894 > 2015-12-28 20:44 | Report Abuse

<<<<A Hidden Gem In Damansara Heights>>>>

To recap, the recent completed land sale of 6.34 acres at MYR1,629 psf at Pusat Bandar Damansara - Damansara Heights (on 30 September 2015)and progress of MRT works should trigger a re-rating of Selangor Properties’ RNAV. MRT and plot ratio expansion could encourage redevelopment of its existing office buildings.(12 acres).

-It is the largest land & asset owner in Damansara Heights.
With strategic landbank in Pusat Bandar Damansara – Damansara Heights, adjacent to 2 MRT stops along MRT Blue Line, SPB’s RNAV could grow by RM11.71 in 3-5 years. (at RM1, 300psf)


-Very illiquid counter but very solid company. Potential M&A/privatisation candidate - major shareholder Kayin Holdings holds its stake to 68.23% as at 31 October 2015

-Undemanding valuation with gross cash and short term investments of RM1268.74 million. Net cash and short term investments is around RM1027.95 million, as at 31 October 2015, which translates to RM2.99 per share, or 53.8% of the current share price.

-Proposed a single tier first and final dividend of 50 sen per ordinary share, comprising 12 sen ordinary dividend and 38 sen special dividend, in respect of the financial year ended 31 October 2015, share price should be supported by dividend yield ^9%^.

Posted by Mohd Anuar > 2015-12-29 23:07 | Report Abuse

Agree

AhSook AhKou

1,296 posts

Posted by AhSook AhKou > 2015-12-30 10:21 | Report Abuse

If buy some now ? Does one entitle to 50 sen dividend ???

Posted by xterrorsinx > 2015-12-31 10:59 | Report Abuse

yes you wil ahsook

Mat Cendana

2,331 posts

Posted by Mat Cendana > 2016-01-13 11:48 | Report Abuse

This 12 sen ordinary dividend plus 38 sen special dividend (total 50 sen) -- there is no ex-date yet, right? I believe it needs to be approved by the shareholders first. Based on previous SPB dividends, the ex-date tends to be in April, with the payment given out the following month.

Selangor Properties is one of the remaining old school counters on KLSE. I remember this name from when I was a child. In the early 70s, RTM's Rangkaian Biru in English used to have a segment called "Share Market Report" around 6.30pm or so. The announcer would read out the counters one by one. Not just the closing price but also the day's movements! Newspapers would publish these too - prices with the number of lots in brackets). Gradually, due to the number of counters, it became impractical.

erkongseng

3,192 posts

Posted by erkongseng > 2016-02-13 11:29 | Report Abuse

5.41 buy in

rica7894

165 posts

Posted by rica7894 > 2016-02-29 09:04 | Report Abuse

Finally,

Final Single-Tier Dividend 12 Sen & Special Single-Tier Dividend 38 Sen

Entitlement Details:
Final Single-Tier Dividend of 12.0 sen per Ordinary Share of RM1.00 eachand a Special Single-Tier Dividend of 38.0 sen per Ordinary Share of RM1.00each for the financial year ended 31 October 2015


Entitlement Type: Others
Entitlement Date and Time: 05/04/2016 05:00 AM
Year Ending/Period Ending/Ended Date: 31/10/2015
EX Date: 01/04/2016
To SCANS Date:
Payment Date: 15/04/2016

rica7894

165 posts

Posted by rica7894 > 2016-02-29 09:09 | Report Abuse

An Awakening Gem Waiting To Be Unearthed Which Can Worth RM11.71 Per Share. Buy Call In Long Term.

Mat Cendana

2,331 posts

Posted by Mat Cendana > 2016-02-29 11:06 | Report Abuse

The 12 sen final dividend is encouraging. If this is maintained in the future, SPB looks like a very good counter for fixed income.

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