SP SETIA BHD

KLSE (MYR): SPSETIA (8664)

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Last Price

1.35

Today's Change

-0.09 (6.25%)

Day's Change

1.31 - 1.43

Trading Volume

54,147,900


5 people like this.

5,048 comment(s). Last comment by paktua73 5 hours ago

KnifeEdge

82 posts

Posted by KnifeEdge > 2022-05-26 17:34 | Report Abuse

Quite unthinkable biggest shareholders PNB and Amanah would feel easy seeing share values wiped out more than 50% based on year high of 1.72. After 3 continuous trading weeks of sliding, it will have to bottom out somewhere. Where is the bottom is everybody's guess. Most would agree when the trend reverses, would be a strong one. Get ready for the ride. Good luck everyone.

azfar8

890 posts

Posted by azfar8 > 2022-05-26 18:01 | Report Abuse

jackson88, i hope i am not influence you, but that's just my view, my observation on the market. Even the mahsing boss also few years back, want to diversified, maybe he is an opportunist person, or he is just simply can read the property trend earlier than normal people will see.
As for KnifeEdge, i am not against you, but sometimes, that's the important having huge money, they have already and hopefully well diversified, if at the end of the year they still manage to get 15-20% return, or their portfolio still positive, they dont see this as a big problem. that's my view.

azfar8

890 posts

Posted by azfar8 > 2022-05-26 18:08 | Report Abuse

ike i said, this quite an attractive price, but the overall sentiment, i hardly find a good hint as a booster for the market. I might be wrong, and sorry if my words offend anyone here. because, i dont know, i think i have already facing the market quite some time, some time i tried to find logic in any price movement, but for me there is no logic in market. if you say it's too bullish and will make an adjustment, nope, they dont, you say it's strong support, but it can easily break support. find it in fundamental analysis also won't do much different. but there're many things that can be learned, and am still learning

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-05-26 18:53 | Report Abuse

Must have holding power and collect in batches. No worries if you don't need to sell when market is bad.

Investorrr

571 posts

Posted by Investorrr > 2022-05-26 21:03 | Report Abuse

time to buy not sell

KnifeEdge

82 posts

Posted by KnifeEdge > 2022-05-27 10:21 | Report Abuse

Finally green today. Holding well 0.8. Such a mouth watering price. 0.8 is so much better compared to many who bought higher. Will be a pain to miss.

KnifeEdge

82 posts

Posted by KnifeEdge > 2022-05-27 10:36 | Report Abuse

Seems like the selling spree, continuously after three weeks, has finally come to an end (at least true for now) or losing momentum. Need to sacrifice a lot of cheap tickets to continually throw at this price 0.80. Not be too long, some savvy Investors will deep pockets, will just scoop out prices NEAR this level, a valuation most valuers would agree, overdone. Anyway, there is always risk in shares, only "play" with extra capital vs life depends on it capital.

KnifeEdge

82 posts

Posted by KnifeEdge > 2022-05-27 10:47 | Report Abuse

Eager to wait and see, whether there will be v- shaped or u-shaped rebound in share price, or it will continue to gradually slide until real bottoms. We have all the time on our side, but the players dont. That's our key advantage. From now on, the show may be getting more interesting. 0.80 seems to be at a cross road, confused itself which way to turn :).

KnifeEdge

82 posts

Posted by KnifeEdge > 2022-05-27 10:53 | Report Abuse

Now attempting 0.805...come on go, go, go...

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-05-27 12:40 | Report Abuse

To me, the sellers just pull the brake a bit... Don't need to rush...

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-05-27 13:03 | Report Abuse

This same tactic also happened around 0.90... I will not collect again at this point. If seller is keen to sell, better to collect around 0.70. Anyway, if move up, also no problem, as long as got profit is good enough.

Investorrr

571 posts

Posted by Investorrr > 2022-05-27 14:14 | Report Abuse

0.78 yesterday could be the bottom

SomaCruz89

303 posts

Posted by SomaCruz89 > 2022-05-27 15:21 | Report Abuse

0.775...bottom at where?

KnifeEdge

82 posts

Posted by KnifeEdge > 2022-05-30 15:17 | Report Abuse

Down trend reversed. Buying momentum now. Hope can sustain. Go go go 0.805...

Keyman188

5,968 posts

Posted by Keyman188 > 2022-05-30 15:25 | Report Abuse

Amboi...What is happening !!!...

Keyman188 long long time didn't come back Bursa market liao...

Very fortunately Keyman188 had disposed all local equities for couple of month...


wkwkwk...kekeke...hehehe...

Ninja _07

483 posts

Posted by Ninja _07 > 2022-05-30 17:02 | Report Abuse

Alamak... cannot buy at 0.775 anymore

Ninja _07

483 posts

Posted by Ninja _07 > 2022-05-30 17:02 | Report Abuse

@Keyman188 .. where did you go?

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-05-30 19:31 | Report Abuse

Today buyers won the game. Hope tomorrow continues.

KnifeEdge

82 posts

Posted by KnifeEdge > 2022-05-30 20:36 | Report Abuse

The price cannot drop forever, unless it is a loss making (with continuity and eventual delisting concerns) or a fraud company, but this is a profitable and great developer which properties are much if not most loved by Malaysians. Though the dividend records in the recent past years are less encouraging due to uncontrollable Covid situations, coming years hope will be better. When the selling spree has finished, the share price will find its bottoms in time. Lets hope 80s will be the bottoms and breakout to Rm1.0 soon.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-05-31 09:55 | Report Abuse

Shorting over?.... Haha ha....

PunTatBerSiul

1,001 posts

Posted by PunTatBerSiul > 2022-05-31 10:03 | Report Abuse

Once flying high but when the laidbacks came in, gold became shiitt.

KnifeEdge

82 posts

Posted by KnifeEdge > 2022-05-31 10:17 | Report Abuse

Bingo!

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-05-31 15:33 | Report Abuse

Wau lau..... Beautiful....

Investorrr

571 posts

Posted by Investorrr > 2022-05-31 16:02 | Report Abuse

recovery of the property sector play,coming general election play bandar Malaysian and highspeed rail project play

Investorrr

571 posts

Posted by Investorrr > 2022-05-31 16:03 | Report Abuse

...recovery of the pandemic play hedge against inflation play

Investorrr

571 posts

Posted by Investorrr > 2022-05-31 16:06 | Report Abuse




...foreigne funds preferred property blue ship stock with most landed property projects

Investorrr

571 posts

Posted by Investorrr > 2022-05-31 16:08 | Report Abuse

NTA RM2.98. most valued stock anytime re rating with large land banks

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-05-31 16:57 | Report Abuse

Today buyers won the game again. Hope tomorrow continues.....

tts752

111 posts

Posted by tts752 > 2022-06-01 10:30 | Report Abuse

1 day show only

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-01 21:30 | Report Abuse

No power... Haha ha

1invest1

1,467 posts

Posted by 1invest1 > 2022-06-02 11:30 | Report Abuse

I want to buy SP.
Pls give discount for me to buy.
Hopefully can get at lower price.

KnifeEdge

82 posts

Posted by KnifeEdge > 2022-06-02 16:08 | Report Abuse

Large volumes changing hands at low 80, consolidation phase...

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-02 18:36 | Report Abuse

Buy with batches... No need to chase high.

KnifeEdge

82 posts

Posted by KnifeEdge > 2022-06-03 17:20 | Report Abuse

Very strong support at 0.815 queue. Consolidation then breakout. Patience ...

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-03 19:02 | Report Abuse

Also can say sellers are keen to sell at 0.815.... Monitor first.

lomas

97 posts

Posted by lomas > 2022-06-07 15:01 | Report Abuse

Why today stock price dropped so much?

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-07 16:51 | Report Abuse

Hmmmmm... Selling pressure not over yet...

lomas

97 posts

Posted by lomas > 2022-06-08 15:05 | Report Abuse

stock price RM0.775 now

Posted by staypositive > 2022-06-08 16:40 | Report Abuse

0.675

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-09 12:56 | Report Abuse

Let's get to 0.7 first..... Haha ha... Better make sure you have holding power only collect..... 2 to 3 years should be able to make money easily...

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-09 15:29 | Report Abuse

I am waiting for KLSE to break 1500.... Cheap sales should be coming....

azfar8

890 posts

Posted by azfar8 > 2022-06-10 10:54 | Report Abuse

break 1500. hopefully valid break.... so tired watch the performance of klci & stocks. if want to fall, let fall, otherwise every time go in, make loss... not the point to trade shares.

Posted by The St. Goreng > 2022-06-10 11:23 | Report Abuse

Someone claimed 0.815 strong support already gone hiding when stocks dropped to 0.75.

Fighting against the trend..Hmm......

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-10 15:30 | Report Abuse

Everyone is guessing only.... No one really knows what is going to happen tomorrow. So, buy batch by batch lah...

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-13 09:04 | Report Abuse

See market dropping, sp can tahan bo..... It is a good indication of support.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-13 11:41 | Report Abuse

Come 0.70.....

KnifeEdge

82 posts

Posted by KnifeEdge > 2022-06-13 12:07 | Report Abuse

Sea of red...a reaction to US May highest CPI in 40 years. Crisis is also good opportunity...but only for those who are prepared. Keep waiting for new bottoms and after panic over... Award winning quality company...no worries

Calvin882

1,562 posts

Posted by Calvin882 > 2022-06-13 13:03 | Report Abuse

Award winning but the share price drop significantly even before covid in 2019. Really couldn't think of any near catalyst with the current high inflation environment, interest rate hike and high level of hangover properties. Debt level of the company is high too.

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-13 13:17 | Report Abuse

When everyone knows the value and wants to buy.... Uncle wants to sell already.... Haha ha....

Sharefisher

5,470 posts

Posted by Sharefisher > 2022-06-13 14:57 | Report Abuse

0.70.... Hmmm..... Need another big drop to get..... Waiting

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