SP SETIA BHD

KLSE (MYR): SPSETIA (8664)

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Last Price

0.785

Today's Change

0.00 (0.00%)

Day's Change

0.775 - 0.785

Trading Volume

783,100


4 people like this.

3,985 comment(s). Last comment by dragon328 1 day ago

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

0.79.....haha ha.... I thought 0.80 was low enough... Will wait and see first.

KnifeEdge

82 posts

Posted by KnifeEdge > 2 months ago | Report Abuse

Very much to do with the recent corporate exercise of shares redemption which may result in a lot of shares overhangs, thus expected diluted share price. Might be the actions of some disgruntled investors disposing shared to exit cashout or in protest. Those who kept or bought above 1.0 would see huge paperloss now. Entered around 0.80 or below obviously have advantage. Nothing is a guarantee especially in shares.

jackson88

398 posts

Posted by jackson88 > 2 months ago | Report Abuse

Better to sell now when uncertain. Lowest was 67sen during MCO.

azfar8

808 posts

Posted by azfar8 > 2 months ago | Report Abuse

maybe because the cost of raw material went up, property sector remain sluggish, it will have to wait quite a long time before it go up again. although some say that property market still reasonable, but that's for certain individuals, not most of the people who is facing a hard time to own even a house. but i kind of like this. well, we see what's going on in stock market, like down kaw2, like this recent one cypark, i like to see those down cycle in property sector too. they have already been in the sky for a long time... although this price seems attractive, but given current situation, malaysia remain stagnant, while US market now having a bearish divergence, i think i better stay with cash, for any golden opportunities. I might be wrong, but i am firm with my observation now. might change it, who know, it's depend. as for this stock, like i said yesterday, it may want to test 0.70, quite possible.

jackson88

398 posts

Posted by jackson88 > 2 months ago | Report Abuse

I think I better sell my remaining stock in SP SETIA ….agree that it is likely to drop below 70sen soon.

KnifeEdge

82 posts

Posted by KnifeEdge > 2 months ago | 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

808 posts

Posted by azfar8 > 2 months ago | 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.

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

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

Investorrr

517 posts

Posted by Investorrr > 2 months ago | Report Abuse

time to buy not sell

KnifeEdge

82 posts

Posted by KnifeEdge > 2 months ago | 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 > 2 months ago | 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 > 2 months ago | 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 > 2 months ago | Report Abuse

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

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | 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

517 posts

Posted by Investorrr > 2 months ago | Report Abuse

0.78 yesterday could be the bottom

Posted by SomaCruz89 > 2 months ago | Report Abuse

0.775...bottom at where?

KnifeEdge

82 posts

Posted by KnifeEdge > 2 months ago | Report Abuse

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

Keyman188

5,379 posts

Posted by Keyman188 > 2 months ago | 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

291 posts

Posted by Ninja _07 > 2 months ago | Report Abuse

Alamak... cannot buy at 0.775 anymore

Ninja _07

291 posts

Posted by Ninja _07 > 2 months ago | Report Abuse

@Keyman188 .. where did you go?

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

Today buyers won the game. Hope tomorrow continues.

KnifeEdge

82 posts

Posted by KnifeEdge > 2 months ago | 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

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

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

PunTatBerSiul

1,021 posts

Posted by PunTatBerSiul > 2 months ago | Report Abuse

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

KnifeEdge

82 posts

Posted by KnifeEdge > 2 months ago | Report Abuse

Bingo!

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

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

Investorrr

517 posts

Posted by Investorrr > 2 months ago | Report Abuse

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

Investorrr

517 posts

Posted by Investorrr > 2 months ago | Report Abuse

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

Investorrr

517 posts

Posted by Investorrr > 2 months ago | Report Abuse




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

Investorrr

517 posts

Posted by Investorrr > 2 months ago | Report Abuse

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

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

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

tts752

52 posts

Posted by tts752 > 2 months ago | Report Abuse

1 day show only

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

No power... Haha ha

1invest1

1,040 posts

Posted by 1invest1 > 2 months ago | 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 > 2 months ago | Report Abuse

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

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

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

KnifeEdge

82 posts

Posted by KnifeEdge > 2 months ago | Report Abuse

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

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

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

lomas

90 posts

Posted by lomas > 2 months ago | Report Abuse

Why today stock price dropped so much?

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

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

lomas

90 posts

Posted by lomas > 2 months ago | Report Abuse

stock price RM0.775 now

Posted by staypositive > 2 months ago | Report Abuse

0.675

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | 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

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

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

azfar8

808 posts

Posted by azfar8 > 2 months ago | 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 > 2 months ago | Report Abuse

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

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

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

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

Sharefisher

4,880 posts

Posted by Sharefisher > 2 months ago | Report Abuse

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

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