Posted by Ai85 > 2 weeks ago | Report Abuse

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.

Posted by Ai85 > 2 weeks ago | Report Abuse

*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.

Posted by Ai85 > 2 weeks ago | Report Abuse

*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.

Posted by IdrakUsama > 2 weeks ago | Report Abuse

Dah bersedia untuk beli jika Sp Setia jatuh ke Rm1

Posted by GlobalEquity > 2 weeks ago | Report Abuse

RM0.60 !

When all hell breaks loose in US market on 17th September (Fed Meeting), no one knows how low it can go!

One thing for sure, the counter will be shorted like no business!

Fed is having the biggest headache:
A. To cut rate, US dollar will collapse further. US dollar certain outflow to emerging markets.

B. Cut just a little rate say 25 basis points instead of 50 or more, you can't contain a recession.

C. No rate cut (delayed):
All indexes crash like hell.

September 2024 going to be biggest dilemma for Fed and US markets.

May be WWIII starts, everything can talk later including 35 trillions debts.

Posted by Johnchew123 > 2 weeks ago | Report Abuse

Gloabalequity du gilaa babbi kah ? Rate cut will benefit Malaysia , foreign fund wil go in , recently small cap n tech stock sell down is by local fund n retailer ,they scare market crash ,once us rate cut ,they too emosinaly and brain negative thinking
Foreign fund are net BUY August , if rate cut started , more foreign fund will go in KLCI

Posted by pang72 > 2 weeks ago | Report Abuse

Wait a while..
Dive below $1

Posted by limit_up > 2 weeks ago | Report Abuse

Gap up soon... market rebound

Posted by Ai85 > 2 weeks ago | Report Abuse

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

Posted by Ninja _07 > 2 weeks ago | Report Abuse

This is fundamental stock... Now its the time to buy the dip 😛

Posted by ken2004 > 2 weeks ago | Report Abuse

rate cut analysis like telling everything drop, not only SPSETIA lol, so all need to buy, sell off now lol

Posted by pang72 > 2 weeks ago | Report Abuse

Property will back to origin..
Dip below $1 is matter of time

Posted by pang72 > 2 weeks ago | Report Abuse

After the technology crashing completion will move to property and oil n gas

Posted by newbie9893 > 2 weeks ago | Report Abuse

YTLP & YTL in uptrend mode...sapu kaw kaw...

Posted by newbie9893 > 2 weeks ago | Report Abuse

last chance to grab ytlp@03.50, you won't get this price after 10am

Posted by limit_up > 1 week ago | Report Abuse

https://theedgemalaysia.com/node/726465

Posted by limit_up > 1 week ago | Report Abuse

SP all the way. Go shoot up..

Posted by IdrakUsama > 1 week ago | Report Abuse

Sp setia akan naik ke RM1.50 semula

Posted by Willtolive > 1 week ago | Report Abuse

property is next big theme

Posted by Johnchew123 > 1 week ago | Report Abuse

Rate cut U.S next week will benefit U.S property stock ,U.S property stock will lead a gainer once U.S rate cut slowly starts ,following KLCI property stock will follow rebound , TP SPSETIA 1.50 by Middle OCT

Posted by Ytl2023 > 1 week ago | Report Abuse

Wow. Big push today

Posted by ken2004 > 1 week ago | Report Abuse

Entire top floor of Battersea Power Station's 50 Electric Boulevard leased to global marketing agency Team Lewis.

Posted by limit_up > 1 week ago | Report Abuse

https://theedgemalaysia.com/node/726762

Posted by jeffrey1166 > 1 week ago | Report Abuse

tp can set 2.2

Posted by jeffrey1166 > 1 week ago | Report Abuse

coming mm will push

Posted by Johnchew123 > 1 week ago | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E6%A3%AE%E6%9E%97%E5%9F%8E%E5%B8%82%E9%87%91%E8%9E%8D%E7%89%B9%E5%8C%BA%E5%91%A8%E4%BA%94%E6%8E%A8%E4%BB%8B-%E5%A5%96%E6%8E%96%E8%AE%A1%E5%88%92%E5%88%BA%E6%BF%80%E6%9F%94%E4%BD%9B%E7%BB%8F%E6%B5%8E

Johor Theme play May appear this 20 Sept , SPSETIA , see u RM 1.50 by end Sept

Posted by GlobalEquity > 1 week ago | Report Abuse

*** US soft landing expected this Thursday with rate cut

*** BOJ (Bank of Japan) to remain rate this Friday to avoid another July crash

Let's hope to see more actions in Bursa in coming days...

Posted by jeffrey1166 > 1 week ago | Report Abuse

ya

Posted by jeffrey1166 > 1 week ago | Report Abuse

rebound

Posted by Johnchew123 > 1 week ago | Report Abuse

U.S Rate cut 0.5 % n 2 more rate cut 0.25 this year will boast positive sentiment for KLCI market ,
Tomolo another good news announed , forest city
SPSETIA , see u 1.50 by middle OCT

Posted by GlobalEquity > 6 days ago | Report Abuse

*** "Fed fires up"!
*** "S&P pops"!
*** Tomorrow Boom Boom Boom!

Posted by jeffrey1166 > 6 days ago | Report Abuse

ya

Posted by jeffrey1166 > 6 days ago | Report Abuse

can boost in

Posted by GlobalEquity > 5 days ago | Report Abuse

*** Bursa frenzies soon...

*** US funds set to outflow to emerging markets as in Malaysia

*** Exciting times brewing ...

Posted by GlobalEquity > 5 days ago | Report Abuse

*** But beware of the Risks!
*** US recession risk is the looming monster, can get loose anytime!
*** US national debt of 35.4 trillions is ticking timebomb! Interest is larger than national defence budget!
*** A misfiring in South China Sea or Taiwan Strait !
*** NATO (anytime) entered Ukraine War => WWIII !

Posted by Ytl2023 > 5 days ago | Report Abuse

Excellent Rm1.27.if lucky Rm1.40 coming. Mana itu 60 cents

Posted by jeffrey1166 > 5 days ago | Report Abuse

can set 2.2 tp

Posted by jeffrey1166 > 5 days ago | Report Abuse

mm start pushing

Posted by Johnchew123 > 5 days ago | Report Abuse

By 16 / 10 , SP Setia , see u 1.50

Posted by Oldtownguy > 3 days ago | Report Abuse

From rm1.80 fall to rm1.27, the risk should consider low if buy now.

Posted by jeffrey1166 > 3 days ago | Report Abuse

ya

Posted by paktua73 > 2 days ago | Report Abuse

morning..
if not posting paktua was removed..
paktua has in here on 30hb aug 24..

tut tut
now aiming previous level before down at rm1.54

Posted by Johnchew123 > 2 days ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1395347/%E7%BE%8E%E5%90%AF%E5%8A%A8%E9%99%8D%E6%81%AF-%E5%85%A8%E7%90%83%E8%B5%84%E9%87%91%E6%B6%8C%E6%88%BF%E5%B8%82-%E5%A4%A7%E9%A9%AC%E4%BA%A7%E4%B8%9A%E6%96%99%E8%BF%8E%E5%BC%BA%E5%8A%B2%E6%88%90%E9%95%BF





SPSETIA , we upgrade TP to 1.60 before 16 / 10 / 24

Posted by Ytl2023 > 2 days ago | Report Abuse

Sudah cakap Rm1.40 coming. Mana itu 60, 80, below Rm1 nonsense

Posted by Ai85 > 2 days ago | Report Abuse

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

Posted by jeffrey1166 > 2 days ago | Report Abuse

tp 2.2

Posted by jeffrey1166 > 2 days ago | Report Abuse

can set

Posted by Damas > 2 days ago | Report Abuse

1.80

Posted by Ai85 > 1 day ago | Report Abuse

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

Posted by Ytl2023 > 1 day ago | Report Abuse

Added more 1.33. Yummy