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 > 13 hours ago | Report Abuse

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

Posted by IdrakUsama > 5 hours ago | Report Abuse

tuntutan mahkamah terhadap bekas pengurusan kanan dah habis?

Posted by GlobalEquity > 2 hours 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...