Posted by abcb > 5 days ago | Report Abuse

Will drop below RM1 for sure

Posted by nickweichung > 5 days ago | Report Abuse

when management abused power... you know it will end up like serba dinamik one way or the other. i won't touch SPSETIA anymore.

Posted by Eagle77 > 5 days ago | Report Abuse

⬇️0.70 below coming ⬇️🩸☠️

Posted by abcb > 5 days ago | Report Abuse

Don't ever catch a sharp falling knife, let it free float until it stop movement

Posted by Unknown404 > 5 days ago | Report Abuse

Die

Posted by abcb > 5 days ago | Report Abuse

If limit down, the share price will drop to 0.89

Posted by abcb > 5 days ago | Report Abuse

Hopeless share to invest, definitely will dive below 1.00 any time

Posted by pang72 > 5 days ago | Report Abuse

Is this related to Genetec and notion crashing? Maybe yes wo

Posted by ken2004 > 5 days ago | Report Abuse

This is property stock, genetec, notion not tech stock? If tonight nvidia crash, then spsetia crash below 1? lol but like non related to me.......

Posted by Unknown404 > 5 days ago | Report Abuse

All property stocks not performing well today; not sure why. You see LBS, SIMEPROP & SPSETIA

Posted by cheeseburger > 5 days ago | Report Abuse

there is no relationship between a US tech stock and a Msia property stock. But our EPF yes, they are big shareholder in SP Setia.

Posted by limit_up > 5 days ago | Report Abuse

This Setia luckily market up, if market down worse still. Below rm1 for sure.

Posted by xuxu > 5 days ago | Report Abuse

here crash there crash everywhere crash

Posted by Unknown404 > 5 days ago | Report Abuse

Hopefully tomorrow market will up

Posted by limit_up > 5 days ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/08/28/s-p-setia-tumbles-16-short-selling-suspended

Posted by limit_up > 5 days ago | Report Abuse

Tmrw maybe will drop another 10%.

Posted by limit_up > 5 days ago | Report Abuse

Below rm1

Posted by GammaRay > 5 days ago | Report Abuse

Catch it below rm1 then ...

Posted by ken2004 > 5 days ago | Report Abuse

epf dowan to sapu? lol as since last week, epf buy alot.........

Posted by cheeseburger > 4 days ago | Report Abuse

will continue to drop further.

Posted by cheeseburger > 4 days ago | Report Abuse

London bridge is falling down...falling down...

Posted by anghockkeong151177 > 4 days ago | Report Abuse

i think afternoon may rebound

Posted by Kris Wong > 4 days ago | Report Abuse

Very bad decision by present BOD/management, sue previous management but lost RM1 Billion in market cap. Lessons learnt painfully not to wash dirty linen in public, penny wise but pound foolish !!!

Posted by klee > 4 days ago | Report Abuse

Confidence shaken ady. Gg.

Posted by limit_up > 4 days ago | Report Abuse

Afternoon may below rm1. And stay below for long time.

Posted by klee > 4 days ago | Report Abuse

From 40 sen to 1.8 took ages
From 1.8 to 1.05 just took weeks

Posted by GlobalEquity > 4 days ago | Report Abuse

Operators don't like Black Swan event, when this sudden litigation occurred, fears gripped due to the uncertainty of the case (whether any impact on the company).

Management must give assurance to investors about the possible impact, otherwise we can expect the prices to be subdued.

Posted by Johnchew123 > 4 days ago | Report Abuse

Court case 2 ,3 year only have result , SPSETIA Sue ppl ,why drop ., Pellk betul , not ppl Sue SPSETIA , if other Sue SPSEtIA consider bad news ,
Market sentiment should turn to good after 2 sept , small cap counter start plunge 5 August ,
Hantu kacau all small cap counter since 5 August , Chinese calendar bulan 7 start 4 August is bulan hantu ,bulan hantu going finish 2 sept , all small cap plunge like hell because on bulan hantu
Let * see 3 Sept , how market sentiment
Probably Rotate turn goreng up contruction n property

Posted by ken2004 > 4 days ago | Report Abuse

Yes, weird to me this stock lol, qood qtr but drop...........

Posted by GlobalEquity > 4 days ago | Report Abuse

It's merely "storm in a teacup".
Sell down to RM1.0 is risky for big boys as the resistance is too great.

Other big boys will buy the cheap tickets.

Posted by ken2004 > 4 days ago | Report Abuse

not sure will all start to throw as the one holding the most seems to be epf to me lol which is bigger fund than anyone........

Posted by ken2004 > 4 days ago | Report Abuse

What puzzling me lol is those in losses qtr report also did not slide so much like the glove stock...........

Posted by Ravetidus > 4 days ago | Report Abuse

aiya if until need to sue former management means more losses coming from unlawful transactions previously done

Posted by GlobalEquity > 4 days ago | Report Abuse

Expect news coverage by The Edge soon.

If the report is positive, then expect renewed buying interest.

Posted by limit_up > 3 days ago | Report Abuse

No news. Only bad news. Selling pressure will persist. Confident shaken abuse power of BOD. Stay below rm1 tmrw.

Posted by ks55 > 3 days ago | Report Abuse

How to buy low sell high?
When people panic sell, you panic buy.
When people panic buy, you sell to them.

Most important thing is the share you buy has good value for your money.

Buy low sell high is always easy said than done.
Wish you good luck.

Posted by GlobalEquity > 3 days ago | Report Abuse

At about RM1.0, you could buy much cheaper than those who bought a much higher prices over the last six months, including EPF.
HOLD a few weeks or months, handsome profits can be made when rebound.

Posted by Ninja _07 > 3 days ago | Report Abuse

https://theedgemalaysia.com/node/724867



Same issue. Company won!

Posted by Ninja _07 > 3 days ago | Report Abuse

Hartalega won legal suit against its former director

Posted by GlobalEquity > 3 days ago | Report Abuse

Legal action is actually a good thing for the company because:
* It shows the biggest shareholder PNB is serious about INTEGRITY and ACCOUNTABILITY of SPSetia's senior management
* It's a serious reminder to the future team to be truly professional
It's only a knee jerk reaction (as the market acknowledged today in renewed buying at low prices)
It's not "Steve Job" that you can't find replacement for, or sinister like CEB (huge sell down but no large shareholders emerged), so let's hope the chapter IS over and prices back on track with Bursa.

Posted by anghockkeong151177 > 3 days ago | Report Abuse

May break RM1.2 this afternoon ?

Posted by ken2004 > 3 days ago | Report Abuse

as those people been sue already left the company awhile back, yes, it is a scandal but those so called losses already awhile ago which does not impact the current finance, so the throwing will not last long i think.....

Posted by calvintaneng > 3 days ago | Report Abuse

Will moderate by rise of 5% to 30% construction cost due to 52% diesel price rise



DUFU better option

DUFU (7233) OVERSOLD & TOP REASONS WHY IT HAS THE MOST POTENTIAL NOW FOR UPSIDE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-30-story-h-153147341-DUFU_7233_OVERSOLD_TOP_REASONS_WHY_IT_HAS_THE_MOST_POTENTIAL_NOW_FOR_UP

Posted by Ryugentrades > 1 day ago | Report Abuse

my 2 cents on SP Setia. With the continued negative share price pressure, no hurry to buy in yet. No one knows how low it can get, so safer to buy in when there is clear reversal in fortune. I am personally looking into Malakoff instead. A short video comparing the 2 stocks. Do watch if interested. TQ

https://youtu.be/GUgWhokqvoE

Posted by ks55 > 1 day ago | Report Abuse

From state champion to district champion due to injury to one hand. Can it elevated back to state champion? Very likely!

Posted by Johnchew123 > 1 day ago | Report Abuse

Chinese calendar bulan hantu going finish 2 Sept ,hantu ghost gkacau all small cap counter
Since 5 August ,foreign fund buy bank stock , expect 3 sept start will be turn contruction n property goreng up ,
SPSETIA will take 5 trading day back 1.25 again ,by next Friday ,
Take note

Posted by GlobalEquity > 1 day ago | Report Abuse

Forget about the fake scare of the legal case in August!

Expect the "frenzy" of FED's interest rate cut in September.

I don't think the current low price of RM1.10 can withstand the rush in by foreign funds!

All eyes on Fed !

If SOMEHOW Fed changed decision to delay the rate cut or cut just by a little, then better run for cover!

Posted by Ninja _07 > 11 hours ago | Report Abuse

Once rate cut, can see SPSetia climbing to RM1.80

Posted by IdrakUsama > 3 hours ago | Report Abuse

tuntutan mahkamah terhadap bekas pengurusan kanan dah habis?

Posted by GlobalEquity > 52 minutes ago | Report Abuse

Foreign funds are two edged swords!

You love them and you hate them!

We Malaysians are always vulnerable, when suddenly they pull out (they are always short-term players), YOU suffer and be stuck.

Predicting the directions of foreign funds is a great challenge (need to read and know a lot of happenings eg company wise, national and world's economy and geo politics, etc).

We are now running on bull sentiments in Bursa but also with a very real timebomb in the NASDAQ US, nuclear bomb by Tsar Putin in Ukraine or even Sino-US conflicts in the South China Sea...

Always be prepared for any Black Swan event and gain from it...