SP SETIA BHD

KLSE (MYR): SPSETIA (8664)

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Last Price

1.10

Today's Change

+0.07 (6.80%)

Day's Change

1.03 - 1.14

Trading Volume

36,900,500


5 people like this.

5,361 comment(s). Last comment by GlobalEquity 9 hours ago

Posted by RichTrader999 > 2014-05-27 14:36 | Report Abuse

4.30 I m sure is coming

Vin Cullen

1,547 posts

Posted by Vin Cullen > 2014-05-27 17:06 | Report Abuse

Omg...this morning simply queve at RM2.90 25,000 lots...
Suddenly ALL MATCHED !! scare....

Posted by Goldenpointer > 2014-05-27 19:01 | Report Abuse

i will accumulate below 2.90, but look like below 2.86 is possible, just wait n see

Posted by Goldenpointer > 2014-05-29 19:21 | Report Abuse

wao, solid, good

leong1188

58 posts

Posted by leong1188 > 2014-05-29 23:47 | Report Abuse

It is going to fly tomorrow.
Highly likely going into shariah compliant list

Posted by Goldenpointer > 2014-05-30 00:36 | Report Abuse

confirmed shariah compliant

Vin Cullen

1,547 posts

Posted by Vin Cullen > 2014-05-30 17:43 | Report Abuse

LOL !! when annouced quit Shariah compliant...IT drop...
But when after annouced join back...the share price drop too...

Posted by leslieroycarter > 2014-06-06 09:23 | Report Abuse

spsetia vs ecoworld ...............which one will go bubble? pe 17 vs 90 ? which one u chose?

Posted by cheaterecoworld > 2014-06-06 16:30 | Report Abuse

the best is sunway only pe 3.

Vin Cullen

1,547 posts

Posted by Vin Cullen > 2014-06-06 17:05 | Report Abuse

WTF..Shooting star again...

Posted by Goldenpointer > 2014-06-10 21:42 | Report Abuse

epf start selling, cautious !

johnny cash

6,400 posts

Posted by johnny cash > 2014-06-11 22:49 | Report Abuse

Battersea boost

SP Setia’s 1HFY10/14 results were broadly in line with expectations, with the
core net profit accounting for 37% of our and 38% of consensus full-year
forecasts. We expect 2H to be stronger. New sales of RM2.35bn were 17%
lower yoy, but in line with the full-year sales target of RM5bn. 7MFY14 sales
reached RM3.23bn, including RM888m worth of new sales in May which
were boosted by the Phase 2 of the Battersea project. We make no changes to
our EPS forecasts and target price basis of 25% discount to RNAV. SP Setia
remains a Hold as management risks have heightened with the departure of
former CEO Tan Sri Liew Kee Sin. We prefer Mah Sing Group and Eco World
for exposure to the property sector.

2Q results in line
Annualised 2Q results were in line with expectations, even though core net
profit made up only 73% of our and 75% consensus full-year forecasts. 2H is
historically stronger and should make up for any shortfall. SP Setia proposed
an interim single-tier dividend per share of 4 sen, broadly in line with
expectations and slightly higher than 1H13's net dividend of 3.6 sen.
1H sales of RM2.35bn
The group chalked up RM2.35bn in sales in 1HFY14 (Nov 13 to Apr 14), a 17%
decline yoy. 2Q sales fell 56% qoq to RM715m as management's focus was on
execution and timely delivery of past sales. Unbilled sales eased slightly from
RM10.55bn to RM10.38bn. Sales in May, however, were strong, boosted by
RM620m worth of sales from the group's 40% stake in Battersea.
Battersea continues to astound
In May, SP Setia's 40%-owned Battersea project launched its second phase
which comprises 254 units worth £750m. The units were priced at an average
of £2,300 psf, a substantially higher price than the £1,000 psf for phase one.
Response to the launch was very encouraging as 95% were snapped up in the
first week of the launch. Also impressive was the fact that 75% of the buyers
were UK residents. SP Setia's 40% share of the £750m GDV and 95% take-up
rate amounts to RM1.54bn

jeft14

48 posts

Posted by jeft14 > 2014-06-27 15:10 | Report Abuse

sleeping beauty. bee bop bee bop...

dean_1031

45 posts

Posted by dean_1031 > 2014-06-27 15:33 | Report Abuse

tp?

Posted by SPSetia126 > 2014-06-27 21:19 | Report Abuse

Lai liao

optimus7

571 posts

Posted by optimus7 > 2014-06-27 21:30 | Report Abuse

Pity the spsetia shareholder...

Posted by mikashearer > 2014-06-28 15:17 | Report Abuse

When index down sp up

Posted by Goldenpointer > 2014-06-29 11:33 | Report Abuse

controlled by a few corporate players

Posted by Goldenpointer > 2014-06-30 21:34 | Report Abuse

MRCB wins RM7B mixed development on EPF's kwansa land, not sp setia, mahsing or any other well known developers

winPLUSwin

418 posts

Posted by winPLUSwin > 2014-07-01 15:51 | Report Abuse

Suddenly so strong ~

titus

4,159 posts

Posted by titus > 2014-07-01 15:52 | Report Abuse

wow....start moving even though they din kwasa land project? also big Q buying while very little seller. Sometime really puzzle on this stock but good that I still holding some.

Vin Cullen

1,547 posts

Posted by Vin Cullen > 2014-07-01 15:56 | Report Abuse

I think somethings BIG NEWS GONNA OUT !!

titus

4,159 posts

Posted by titus > 2014-07-01 16:14 | Report Abuse

up up all the way...... now seller at 3.20. if it get eaten, then something is really happening

Posted by Goldenpointer > 2014-07-01 16:58 | Report Abuse

look like kwap is accumulating.......

titus

4,159 posts

Posted by titus > 2014-07-01 17:07 | Report Abuse

Market close and there is more buyer than seller at 3.19. hope tomorow will break 3.20 and go all the way.

Posted by Goldenpointer > 2014-07-02 09:37 | Report Abuse

no more seller, epf n kwap can easily push up to 3.50 if they want to do so

winPLUSwin

418 posts

Posted by winPLUSwin > 2014-07-02 10:59 | Report Abuse

hope it can reach 3.50~

jeannie

459 posts

Posted by jeannie > 2014-07-02 11:14 | Report Abuse

walao this lau sai share..bought at a very high price and still holding, if gain will cepat cepat lari .

Posted by Goldenpointer > 2014-07-02 12:20 | Report Abuse

look like going to break 3.30 today

titus

4,159 posts

Posted by titus > 2014-07-02 12:34 | Report Abuse

yes...continue to up. price should be on par with Ecoworld. if eco can be value so much, spsetia should be double or else where to hide the face?

Posted by Goldenpointer > 2014-07-02 14:42 | Report Abuse

kwap n epf have no choice but to push up the price for half yearly window dressing

Posted by Goldenpointer > 2014-07-02 14:50 | Report Abuse

3.30 broken, next, 3.50

winPLUSwin

418 posts

Posted by winPLUSwin > 2014-07-02 14:55 | Report Abuse

Nice~

Barbarian

939 posts

Posted by Barbarian > 2014-07-02 15:23 | Report Abuse

Go go SPSetia....

X
Barbarian Targeting 3.51
07/05/2014 12:33

Posted by RichTrader999 > 2014-07-02 15:30 | Report Abuse

3.70 will be good 666

Posted by Goldenpointer > 2014-07-02 15:34 | Report Abuse

if push up till 4.00 even better, ha ha ha

Barbarian

939 posts

Posted by Barbarian > 2014-07-02 15:43 | Report Abuse

Thank you Saturn.! Keng ahhh!

winPLUSwin

418 posts

Posted by winPLUSwin > 2014-07-02 16:06 | Report Abuse

Today if can last at 3.45 consider good d...

Posted by cheaterecoworld > 2014-07-02 16:54 | Report Abuse

No news no nothing wan up so much? Tmr confirm drop..

Posted by cheaterecoworld > 2014-07-02 16:55 | Report Abuse

Within few days confirm drop. Chart already tell the story.

Posted by Goldenpointer > 2014-07-02 17:53 | Report Abuse

no good news, in fact -ve for SP Setia without kwansa project, as i mentioned b4, window dressing by EPF and KWAP, just trade carefully

Posted by Goldenpointer > 2014-07-02 17:54 | Report Abuse

both kwap n epf can push up n pull down easily

Posted by Goldenpointer > 2014-07-02 18:08 | Report Abuse

Allotment of shares pursuant to the Employee Share Grant Plan 4,049,646 Listing Date

03/07/2014

Posted by cheaterecoworld > 2014-07-02 18:16 | Report Abuse

No need say much down for sure soon.. They push few days ago to let the new share sell out. . Then will come down. I ran away in 3.40 I wonder how many managed to run?

titus

4,159 posts

Posted by titus > 2014-07-02 18:22 | Report Abuse

i guess this quarter or this FY will somehow still show some good results due to the battlesea project. Beyond that, cannot see. Ecoworld has been stealing all the lime light by having JV to bring development to pudu jail area and recently in penang. Spsetia on the other hand.......seem like just disappear from earth. No news at all.

dr_jogho

486 posts

Posted by dr_jogho > 2014-07-03 09:12 | Report Abuse

yesterday at morning down and evening to up. last minute have power to pull down. today maybe same trend will repeat

titus

4,159 posts

Posted by titus > 2014-07-03 09:25 | Report Abuse

i sold all mine as well this morning. make 20% by holding 4 months. nothing to shout about but not complaining either :)

Posted by RichTrader999 > 2014-07-03 09:40 | Report Abuse

Write a comment..Buy again will break thru 3.60

Vin Cullen

1,547 posts

Posted by Vin Cullen > 2014-07-03 10:08 | Report Abuse

HAMMERED AT 3.25..Somethings BIG NEWS ~

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