SELANGOR DREDGING BHD

KLSE (MYR): SDRED (2224)

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Last Price

0.58

Today's Change

+0.005 (0.87%)

Day's Change

0.58 - 0.58

Trading Volume

12,800


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372 comment(s). Last comment by zombie321 2 months ago

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2013-05-29 14:40 | Report Abuse

any comments on this counter?

arv18

2,662 posts

Posted by arv18 > 2013-05-29 16:36 | Report Abuse

it pays dividends, owns hotel maya (opposite zouk) and wisma selangor dredging. other than that, not very interesting counter

passerby

2,877 posts

Posted by passerby > 2013-05-29 18:11 | Report Abuse

they are high end property developer....heard recently got a development under proposal somewhere around Kota Damansara / Sg.Buloh area near the proposed MRT station at Kg.Baru Sg.Buloh

Posted by jeffrey_091079 > 2013-07-04 09:43 | Report Abuse

how come ths counter keep going down the hill????

Hulk

596 posts

Posted by Hulk > 2013-07-10 13:48 | Report Abuse

technical show time to buy...

bluechip

338 posts

Posted by bluechip > 2013-07-15 21:26 | Report Abuse

mr hulk...is it worth to buy now?

ryan7642

1,998 posts

Posted by ryan7642 > 2013-07-30 12:21 | Report Abuse

can consider is one of the undervalue counter which got high potential like Glomac/Guoco/Ivory/Tambun.the price already pick up steadily from previous rm0.7-0.8 to current rm1..

Posted by perintisman > 2013-08-30 09:38 | Report Abuse

The lady boss seems does not deny the rumor ....privatisation!

nightshade

523 posts

Posted by nightshade > 2013-11-11 20:12 | Report Abuse

if we are thinking that the latest RGPT increase will stop these property investors....we really need to reconsider again....actually, nothing can stop these investors/monsters , they got the funds & holding power.... really cannot believe it....f***! and they are still buying in bulk even after the budget 2014 ! almost vomit blood.... affordable housing or property price dropping? it think it a gone case dream

lepeng85

256 posts

Posted by lepeng85 > 2014-01-28 17:42 | Report Abuse

hard to judge this stock

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2014-03-13 12:40 | Report Abuse

Target to buy below 0.90 and wait for dividend in aug 14

johnny cash

6,400 posts

Posted by johnny cash > 2014-03-28 13:23 | Report Abuse

Selangor Dredging (SDR MK) ------dated 28//03//14


Technical BUY with +19.0% potential return
Last price : RM1.00
Target Price: RM1.06, RM1.19
Support : RM0.94
Stop-loss: RM0.935
BUY with a target price of RM1.19 with stop
loss placed below RM0.935. Following a major
correction from the high of RM1.19, share price
has gradually recovered from the low of
RM0.85 and formed a series of higher lows.
Given yesterday’s 4.5-sen gain, SDR managed
to close above 50.0% Fibonacci retracement
level and registered a new high since 22 Aug
13. Along with extremely higher trading volume
of 2.4m shares (vs 20-day average of 0.16m)
yesterday which signify a genuine breakout,
we expect the recent correction to be overturn,
thus paving a way to a new uptrend which in
our opinion is taking place. Following an uptick
in RSI and a bullish development in MACD
which imply a buying signal, we envisage a
further rise and thus peg our next upside target
at the previous high of RM1.19 over the
medium term.

Posted by bonescythe > 2014-04-02 12:22 | Report Abuse

:D

Posted by alibaba123456 > 2014-04-14 15:09 | Report Abuse

Either from company strategy or fundamentals it really underrate/undervalue. Just buy in and keep for another 3 months u will get rewards.

pachua

245 posts

Posted by pachua > 2014-04-16 11:28 | Report Abuse

:D :D :D

vioscity

375 posts

Posted by vioscity > 2014-04-16 11:49 | Report Abuse

Up a lot today .... any good news for sharing ...

tjhldg

27,218 posts

Posted by tjhldg > 2014-04-23 00:51 | Report Abuse

testing

mfaizalm80

456 posts

Posted by mfaizalm80 > 2014-05-19 16:37 | Report Abuse

rerating sdred....tp1.78.....after my recent visit to site projects....accumulate ...not for contra play....a very good stock to accumulate

kkng0819kk

1,566 posts

Posted by kkng0819kk > 2014-05-28 19:15 | Report Abuse

Div yield not that great.Better buy glomac

Clayton

46 posts

Posted by Clayton > 2014-06-01 21:50 |

Post removed.Why?

Posted by Thomas Hing > 2014-07-13 21:58 | Report Abuse

tomorrow going more than 1.15?

oopstikus

242 posts

Posted by oopstikus > 2014-07-17 11:09 | Report Abuse

kikiki

moven00

728 posts

Posted by moven00 > 2014-07-17 23:48 | Report Abuse

so now what? Double sword or Double Balls?
Hahahaha

sosode

6 posts

Posted by sosode > 2014-07-19 16:11 | Report Abuse

Haha... Normally.. Dividend Ex in August...round with good dividend counter cukup lah...this counter banyak hold by "T"...肥水不流外人田, it take private better...

Posted by i33investor > 2014-07-20 21:33 | Report Abuse

vol coming..i like SDRED steady !!haha

Posted by baiyuensheng > 2014-07-21 14:26 | Report Abuse

it may be on wave three now....

merry

9 posts

Posted by merry > 2014-07-23 10:45 | Report Abuse

请问下个月是不是有什么'消息

Posted by Jake Lim Jing Kiat > 2014-07-23 11:43 | Report Abuse

Sdred 2224 RM1.14

Property investment, hotel operations, investment holding and property development.

5 yrs p&l green (incresing)
5 yrs businss cash flow green
P/e = 7.75x (market 15x, means undervalued)
Dividend 2.64%
Nta/share = rm 2.51!!!
Net cash company, while the cash is 3 times more than debt!!

Technically, its on uptrend, signs shown that the probability of continue up trend is high, pls grab on before it starts to rally again!

Posted by Thomas Hing > 2014-07-23 12:25 | Report Abuse

kena booming..

Posted by Foong Oi Lai > 2014-07-23 13:40 | Report Abuse

fly up

Invest123

1,634 posts

Posted by Invest123 > 2014-07-23 23:54 | Report Abuse

Much selling in he past few days but today's different!

nkkhaw32

14 posts

Posted by nkkhaw32 > 2014-07-24 11:23 | Report Abuse

STILL HOLDING

KingPro

315 posts

Posted by KingPro > 2014-07-24 11:28 | Report Abuse

start to collect.....

KingPro

315 posts

Posted by KingPro > 2014-07-24 11:34 | Report Abuse

got TP for this shares?

Posted by Foong Oi Lai > 2014-07-24 14:16 | Report Abuse

http://klsecompany.blogspot.com/2014/04/28sdred.html if understand chinese can read this article

KingPro

315 posts

Posted by KingPro > 2014-07-24 14:25 | Report Abuse

Thanks Foong OI Lai, ya i can read chinese,.this share still undervalue, and strong cash flow.

Posted by baiyuensheng > 2014-07-24 14:54 | Report Abuse

but low dividend payout.... wonder the coming announcement would give push it further....

KingPro

315 posts

Posted by KingPro > 2014-07-24 14:59 | Report Abuse

dividend payout low is not important, but this company still willing to pay. very excited waiting next annoucedment. this company still potential and grow up.

Posted by Foong Oi Lai > 2014-07-24 23:54 | Report Abuse

3 sen dividen

Posted by baiyuensheng > 2014-07-30 15:24 | Report Abuse

I think wave 4 is coming........ corrections is coming...

alexyap

258 posts

Posted by alexyap > 2014-07-30 17:25 | Report Abuse

gogogo. TP 1.45!

KingPro

315 posts

Posted by KingPro > 2014-07-30 18:54 | Report Abuse

alexyap where do u get tp1.45? can share with us?

Posted by Foong Oi Lai > 2014-07-30 19:33 | Report Abuse

SDB: Sources say SDB is close to acquiring a parcel of land in District 12 in Singapore which will be turned into a resicential development with a GDV of SGD350 million.

The group has already completed two projects there with another three under construction.

Its total GDV for ongoing projects in Singapore and Malaysia amounted to rm2.78 billion. Of this rm1.64 billion is atrributable to Malaysian projects while the remainder are Singaporean properties.

SDB is planning to acquire a parcel of prime land of between 5 and 10 acres in the Klang Valley as part of its landbanking activities.

The group currently (July 2014) has unbilled sales of around rm1.05 billion.

Observers opine SDB’s prospects would be greatly enhanced if it moves towards aggressive land banking in less developed areas in Malaysia ... large tract of land of 200 to 500 acres on which it can build a township and sustain 10 to 15 years of development.

Such a move means SDB would have to tranform into itself into a full fledged township developer. It has been in the past focusing on low density projects of 30 acres or less.

Its net assets per share stood at rm1.65 as at March 31 2014.

Its group MD Teh Lip Kim is the largest shareholder with a direct stake of 18.67% stake and indirect stake of 40.03%.

Observers also speculate that Teh is planning to take SDB private. However she denied the rumors in 2013. from the edge

Posted by baiyuensheng > 2014-07-31 09:52 | Report Abuse

Property sentiment in singapore is cooling down.... bad move

Posted by s2626762e > 2014-08-01 15:14 | Report Abuse

i am a property agent in singapore , only luxury segment is slowing down due to cooling measure , all other sector still selling hot , ' The village ; by SDB left last three units .. singapore so small yet need to house 5.5m population plus many foreign investor hold multiple units to collect rent , and lately there are call from real estate segment to the government to review the cooling measure , the answer is :' not yet ' , mean the cooling measure will be take out once the price is not too high , if the cooling measure gone now , the low interest rate ( 1 to 2 % ) in singapore will send the price high rocket again , lots of buyer is buying now because everyone know now is good window to buy , before the cooling measure being taken out and send the price up ... tonyyee14@gmail.com

Steveray

112 posts

Posted by Steveray > 2014-08-13 11:24 | Report Abuse

Does anyone hv info on this counter?

Posted by Foong Oi Lai > 2014-08-13 12:31 | Report Abuse

AGM on 21/8 maya hotel

tingfeng

89 posts

Posted by tingfeng > 2014-08-18 11:39 | Report Abuse

Good news....after lunch will be come at 1.55.....

steveray

112 posts

Posted by steveray > 2014-08-18 18:53 | Report Abuse

Tingfeng, What is the news? I hv been holding this stock for two years, never fly.

tingfeng

89 posts

Posted by tingfeng > 2014-08-18 23:00 | Report Abuse

tommorow will fly until next week

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