Posted by barcelona > 2014-07-19 11:00 | Report Abuse

Yes, SP Setia is uptrend now. Quickly buy.

Posted by barbarian > 2014-07-20 17:53 | Report Abuse

I managed to clear all at 3.51. Wish all good luck...

Posted by jahra > 2014-07-24 10:27 | Report Abuse

hi, need some advise on this, bought few years back at 4.05+- after dividends etc.. shud i sell it now.. any advise wud be welcome.. thanks

Posted by Vin Cullen > 2014-07-25 11:28 | Report Abuse

IF you average..should be no problem...

Posted by jahra > 2014-07-25 13:15 | Report Abuse

Hi Vin Cullen, thanks and appreciate it

Posted by Vin Cullen > 2014-07-25 14:59 | Report Abuse

Now SPSETIA will make a small correction...
Collect IT when low enough..
I'm waiting at RM3.20 . :D

Posted by nicole76 > 2014-07-25 16:48 | Report Abuse

The only thing that will be holding the pricing of this company up in the future is KWSP. A lot of investors have moved out since the great founder behind this company left. Can the new owners manage the staffs and finance as well???

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

In this KLCI ~~
A Great Company doesnt mean the share price will up...
Always remember...will get benefit If buy GLC Counter ~
Look at MRCB...ASTRO...ARMADA...IHH..Do you think the price value at current price ? Look at the PE RATIO & EPS...
Happy Trading ! :D

Posted by RichTrader999 > 2014-07-31 16:08 | Report Abuse

Is the sign of rising buy Rhb target price 4.08

Posted by barcelona > 2014-07-31 17:04 | Report Abuse

Yes, add your bullets.

Posted by RichTrader999 > 2014-08-01 09:35 | Report Abuse

3.50+10% rising to 3.85 then 5% to 4.08

Posted by RichTrader999 > 2014-08-01 09:38 | Report Abuse

I prefer matrix,super mx,ghlsys,dsonic

Posted by RichTrader999 > 2014-08-04 18:21 | Report Abuse

well those had buy just keep for a while it will be up to 4.08 soon.

Posted by dean_1031 > 2014-08-07 15:01 | Report Abuse

top up

Posted by barcelona > 2014-08-07 18:17 | Report Abuse

thumbs up SP Setia

Posted by thek > 2014-08-10 17:35 | Report Abuse

Good sign of up trend so far, bravo SP Setia!!

Posted by USApg > 2014-08-15 01:37 | Report Abuse

伦敦恐慌性抛售 英房价泡沫将爆裂
（伦敦14日电）现今英国房屋不论是出售还是出租，其价格都开始显得不太正常，以伦敦东区等边缘区域为例，原低、中产阶级的人们于2000年购买的房屋，现今价值已超过100万英镑（536万令吉）。

自2008年金融危机时，英国银行将利率实际控制为0，这使得房地产价格大幅降低，吸引大批买主进入市场，准备哄抬价格。

但英国人收入增幅程度并未能追赶上房价的快速增值，形成了房价泡沫化，而现今似乎也已到了转折点。

据英国《电讯报》报道，部分的伦敦人开始恐慌性抛售他们的房屋，担忧能否抢在泡沫破裂之前，将房屋卖到最好的价格。
http://www.kwongwah.com.my/news/2014/08/15/6.html

Posted by ocy65 > 2014-08-18 11:49 | Report Abuse

Don't know how to read Mandarin but very curious as to what the article says. Is it good news or bad news?

Posted by ocy65 > 2014-08-18 11:49 | Report Abuse

This share seems to be stagnant at abt this price. Satu hari naik, dua hari turun!

Posted by mjtung88 > 2014-08-18 13:03 | Report Abuse

news no good to sp, useless counter, by friday it will drop back 3.40

Posted by barcelona > 2014-08-18 16:24 | Report Abuse

Well done SP Setia.

Posted by mikashearer > 2014-09-01 22:47 | Report Abuse

Already sell most of the stock.... just hold a bit only....

Posted by GoldenShares > 2014-09-15 12:50 | Report Abuse

ecoworld is doing much more better than spsetia, spsetia share price moving mainly pushed by KWAP

Posted by jeannie > 2014-09-17 10:33 | Report Abuse

down down everyday la..die la

Posted by ocy65 > 2014-09-17 14:50 | Report Abuse

I have a feeling it will go back to below RM3

Posted by Vin Cullen > 2014-09-17 19:37 | Report Abuse

Result within expectation....
Target : RM3.12

Posted by GoldenShares > 2014-09-17 20:51 | Report Abuse

resignation of voon, SP Setia gone !

Posted by greenapple14 > 2014-09-18 08:54 | Report Abuse

End of a glorious era...

Posted by GoldenShares > 2014-09-18 11:16 | Report Abuse

Affin Research has maintained its Reduce call on SP Setia with a target rice of RM2.80 on transition risk and cautious property market outlook.
In a note on Thursday, the research house said while it likes SP Setia for its strategic land bank and high unbilled sales of RM12bil, the persistent uncertainty over the group’s strategic direction and leadership transition will lead to further exodus of talent.

"Also, we are generally cautious on the domestic property market. We opine that buying interest may weaken further starting 2QCY15 after the implementation of GST," it said.

However it believes the group is on track to achieve the RM5bil target, with expectation of stronger take-up for domestic projects in 4QFY14, driven by positive buying sentiment ahead of GST implementation in April 2015.

On a fresher note, Affin said Datuk Voon has resigned, to be succeeded by Deputy President Datuk Khor Chap Jen.

Elsewhere, Datuk Ahmad Pardas bin Senin, a former MD and CEO of UEM Group was appointed as an independent director of SP Setia.

"The resignation of Dato’ Voon signalled further uncertainties in SP Setia’s top management and strategic direction - our key concerns on the group," it said.

Posted by kt99 > 2014-09-18 20:27 | Report Abuse

Dun buy setia la... going to doom few more year

Posted by kt99 > 2014-09-18 20:27 | Report Abuse

Voon r joining ecoworld. One by one all top management will go there

Posted by Aheng > 2014-09-19 11:19 | Report Abuse

On 7/7/2014, I suggested that we should leave Setia and switch to ioipg. Since then, I have been buying ioipg and now I am beginning to reap the fruits

Posted by GoldenShares > 2014-09-20 13:44 | Report Abuse

AFTER the announcement of Datuk Voon Tin Yow’s resignation from S P Setia Bhd as its acting president and chief executive officer ahead of the expiry of his contract to pursue his own interest next year, the top management at the property heavyweight is almost left in a clean slate.

It is understood that only a few S P Setia lieutenants are staying back in the company to ensure a smooth transition for the entry of a new team at the top level.

Although the company has announced that Datuk Khor Chap Jen will be replacing Voon, the former’s stint as acting president and chief executive officer is not expected to last more than a year.

Khor has been with S P Setia for close to 19 years while his deputy, Datuk Wong Tuck Wai, has also been with the company for a long period of time.





A source tells StarBizWeek that once Permodalan Nasional Bhd (PNB) has firmed up on the candidate for the permanent role to helm the property firm, Khor and Wong may leave the company too.

The market talk is that PNB will pick Island & Peninsular Group Sdn Bhd (I&P) chief executive officer Datuk Jamaludin Osman (pic below) or one of PNB’s senior executives as the developer’s head honcho.

A person with knowledge of the matter says the selection process for the new chieftain has not been an easy one as the person has big shoes to fill.

“No potential candidate has the confidence to meet the key performance indicators that are set. It is not an easy feat to achieve RM8bil sales per annum,” he says.

Industry observers opine that S P Setia has to strategise to maintain its position.

“If you look at the sales that S P Setia has achieved for the last quarter, about 50% is contributed by the Battersea Power Station project. Stripping that off, the numbers are not spectacular,” one of them points out.

Of the RM1.42bil sales it raked in for its third quarter ended July 31, sales from the UK-based development contributed RM735mil.

The man who is instrumental in the realising the re-development of Battersea Power Station as well as building S P Setia into a reputable developer, Tan Sri Liew Kee Sin, will be the chairman of Battersea Project Holding Company Ltd (BPHCL) until September next year.

Liew told reporters that his tenure as BPHCL’s chairman beyond that, will be “up to the shareholders”.

Besides being the chairman for BPHCL, Liew has joined his son in another property company - Eco World Development Bhd, which is established by his comrades who were previously from S P Setia.

Liew has emphasised that his role in Eco World as a director was to advise the team and he was “taking a back seat” there.




[ Type in your image caption here ]

In fact, the exodus of talents from S P Setia to Eco World has started since the set-up of the latter.

For a company that has entered the market for about a year and half, Eco World is gaining traction quickly.

RHB Research says in a recent report: “Although the momentum for sales and launches was partly dampened by the cooling measures, we believe the slower growth also reflects the lack of solid leadership, management’s strength and staff’s spirit subsequent to Liew’s departure in April.”

Says one industry observer: “The sentiment is that S P Setia has lost its direction (in the local property market). As long as it sets its direction right, it should be able to continue growing well in the future.”

The idea for PNB to merge S P Setia, Sime Darby Property and I&P into a property giant that has a global competitive edge is one that will transform S P Setia into a different animal.

When that materialises, the enlarged entity will be competing at a different level.

An analyst says: “It makes sense for PNB to inject its other assets (from I&P) to a listed company considering the market is uncertain now. This will reduce PNB’s risk for holding the assets privately.”

She also opines that the changes at the leadership level are expected and there is no reason for the stock to be sold down based on that.

The stock fell five sen or 1.51% to RM3.26 a day after the announcement of Voon’s departure from S P Setia next year.

RHB Research notes: “We still believe that a merger and acquisition/ restructuring plan will be initiated by PNB over the next six to nine months in order to re-strategise S P Setia’s market position, given the exodus of senior management and staff.”

Herein lies the question of how the consolidation will be executed and how the new captain at helm of the merged company is able to deliver value to its shareholders.

Posted by jolie2 > 2014-09-20 16:57 | Report Abuse

sp setia become sp tak setia after pnb takeover.
management play a key role in a success of a company. Gloomy outlook .

Posted by GoldenShares > 2014-09-20 18:42 | Report Abuse

totally different company, sp setia changed name to ecoworld

Posted by Vin Cullen > 2014-09-22 10:22 | Report Abuse

Only one way to help out SPSETIA is "merging"
If not..will become another UEMS

Posted by ocy65 > 2014-09-22 15:03 | Report Abuse

Is it time to dump this share? Any advice is appreciated

Posted by GoldenShares > 2014-09-22 15:51 | Report Abuse

SP Setia now is company without soul

Posted by Vin Cullen > 2014-09-22 16:58 | Report Abuse

Con by KWSP ~

Posted by titus > 2014-09-22 17:24 | Report Abuse

pnb can buy over ecoworld

Posted by rizerlee > 2014-09-23 12:50 | Report Abuse

but will Ecoworld current share holder selling share to PNB after they experienced the unpleasant thing at SP Setia.

they have money and fund now , is fund from government necessary ?

Posted by GoldenShares > 2014-09-24 15:28 | Report Abuse

may be KWAP will push it up to 4.00, : )

Posted by speakup > 2014-09-24 15:28 | Report Abuse

PNB got connect by Tan Sri Liew :-)

Posted by newboy > 2014-09-26 10:58 | Report Abuse

guys,,,i moved out from spsetia d..all the best!! need the fund for purpose.

Posted by Yogibear > 2014-10-19 00:06 | Report Abuse

Hmmm.... Tan Sri Liew kena attack and poor him....I've notice all the short term punters here are quite heartless in that sense, once there are less 'prospective' profits to be gained....fangs and talons will be shown prominently!... Now attacking poor PNB? My, my....if SP Setia has no soul, what will happen to Setia Alam lah? To me, a successful Company is all about management, management and management! By the way I mean proper management la...

Posted by jeannie > 2014-11-20 10:17 | Report Abuse

what happened to this counter. yerrrrrrrrr???

Posted by USApg > 2014-12-01 17:08 | Report Abuse

http://cn.wsj.com/gb/20141201/mnb142000.asp?source=channel
油价下跌 几家欢喜几家愁
油价今年大幅下跌，往后还可能进一步走低。这给全球经济范围内（不仅是欧元区）引发了一些有意思的问题。
油价自今年夏天触顶以来下跌了36%。全球经济低迷和供应增长强劲令市场承压。石油输出国组织 (OPEC, 简称：欧佩克)未能下调产量上限则进一步加剧了油价跌势。欧佩克产量占到全球产量的40%。并且历史表明，油价还有大幅下跌的空间。
值得注意的是，在2005年之前的近20年时间里，原油价格基本在相当于今天的20-40美元区间内波动。从上世纪70年代起算，经通货膨胀调整的西德克萨斯中质原油平均价格略低于每桶55美元，目前价格则略低于70美元。
这不是说油价还会下跌这么多。从一年移动均线看，油价仍处于上行趋势，出现快速技术回调这种可能性永远存在。不过就目前而言，基本面似乎是向下而非向上。
这就在经济层面引发一些有意思的影响。
加利福利亚大学(University of California)的James Hamilton预计，目前汽油价格低于过去三年的平均价格，实际上相当于美国消费者的口袋里多出了1,080亿美元，即美国消费者可支配个人收入增加了近0.8%。
当然美国消费者所得到的恰恰是美国生厂商所失去的。据世界银行(World Bank)的数据，能源进口在美国消费中所占比例仅为15%左右，因此其对经济的纯影响也会小一些。
而对于欧元区来说，尽管人均能源消耗强度小于美国，但油价下降给欧元区所带来的好处则要大得多，这一地区所使用的能源约50%靠进口。
不过，油价下降也给欧元区带来了又一问题。欧元区消费价格升幅一直在年0.3%的水平，距离欧洲央行所顾虑的通货紧缩如此接近。能源价格下降将增加通胀的下行压力。
那样的话，欧洲央行行长德拉吉(Mario Draghi)完全可以利用通胀率下降的机会要求实施力度更大的货币措施，尤其是直接购买欧元区主权债券。与此同时，能源价格下跌或许将对经济基本面构成刺激。换句话说，油价下跌对欧洲央行而言将带来政治和经济方面双重利好。
与欧元区从油价下跌中获益相对的，是石油生产国蒙受损失。乍一看，这可能将对全球经济造成冲击。但实际上并没有。
石油收入往往集中在少数富油国手中。石油收入增加不会明显增加他们的消费。同样地，石油收入减少应当也不会导致其消费大幅下降。换句话说，石油消费国相对不那么富裕，支出倾向相对较高。因此，总体而言油价下跌对全球经济有利，因为会增加整体需求。
但富油国往往会将盈余再投资于昂贵的艺术品、伦敦地产等奢侈品。因此，颇具讽刺意味的是，虽然油价下跌可能对全球增长构成提振，但对于某些价格虚高的资产类别可能并不是十分有利。
Alen Mattich

Posted by ocy65 > 2014-12-04 19:26 | Report Abuse

What does it mean?

Posted by jahra > 2014-12-09 17:21 | Report Abuse

price picking up....

Posted by deepmarine > 2014-12-11 20:56 | Report Abuse

beware of this counter as the owner open another shop called Ecowrld and will grab all the projects of Spsetia.