SIME DARBY PROPERTY BERHAD

KLSE (MYR): SIMEPROP (5288)

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Last Price

1.45

Today's Change

0.00 (0.00%)

Day's Change

1.44 - 1.48

Trading Volume

11,040,000


2 people like this.

1,538 comment(s). Last comment by KingKKK 1 month ago

Posted by shermen wenn > 2017-12-07 09:37 | Report Abuse

up up up....rocket up

Posted by stockintalk > 2017-12-08 11:07 | Report Abuse

SIMEPROP@RM1.85 !!!!

http://www.theedgemarkets.com/article/cimb-ib-research-starts-coverage-sime-darby-property-target-rm185

CIMB IB Research has initiated coverage on Sime Darby Property Bhd at RM1.16 with an “Add’ rating and target price of RM1.85 and said the group had the largest landbank among property developers in Malaysia as at September 2017.

In a note Dec 7, the research house said it expects the group to benefit from the upcoming high-speed rail (HSR) project and development of Malaysia Vision Valley (MVV) given its strategically-located landbank.

“While we believe its near-term earnings growth outlook might be volatile, we see potential value enhancement from the ongoing monetisation of its assets.

“Initiate coverage with Add rating and target price of RM1.85, a 50% discount to its RNAV. This represents circa 60% upside from its current share price of RM1.16,” it said.

Posted by wenlijianqinyun79 > 2017-12-08 17:16 | Report Abuse

1. SIMEPROP had valued the stock based on a 50% discount to its estimate of its realised Net Asset Value (RNAV), translating into a Target Price of RM1.85.
1.1 The large discount compared to an average of 35% for the other stocks under our coverage reflects the slower monetisation and longer gestation period of its considerable landbank.

2. SIMEPROP's valuation does not include the potential value enhancement from the additional landbank of 20,602 acres under the Malaysia Vision Valley (MVV) option agreements and land option agreements.
2.1 SIMEPROP sees further upside to its RNAV and target price if SD Property manages to monetise or develop these sites in the future.


3. SIMEPROP has the Largest Landbank in Malaysia as at Sep 2017.
Currently, SIMEPROP owns about 20,763 acres of landbank which the research house estimates has a remaining gross development value (GDV) of RM100.4bil.
( 不是rm100.4 亿,而是rm1004 亿 GDV !)
3.1 The Landbank is strategically connected to Major Highways and located mainly within Key Growth Areas and Economic Corridors.

3.2 SIMEPROP’s landbank within Negeri Sembilan and Johor is near the Kuala Lumpur-Singapore high-speed rail project (HSR).

3.3 Seremban and Muar have been identified as transit stops along the rail line.
SIMEPROP’s property projects in the surrounding areas, like Bandar Ainsdale, Seremban, Nilai Impian 1 and Nilai Impian 2 in Negeri Sembilan as well as Bandar Universiti Pagoh in Muar, will benefit from the development.

3.4 SIMEPROP has strategic landbank surrounding the area earmarked as MVV, a component of the government’s 11th Malaysia Plan and the National Transformation Plan.

4. SIMEPROP currently owns 3,196 acres of land within MVV.
4.1 CIMB Research believes its sizeable reserve of land in MVV will underpin SIMEPROP’s long-term earnings growth & THE Development of MVV in the short term will likely help buoy its existing projects in Nilai Impian and Bandar Ainsdale in Negeri Sembilan.

Cooolll

62 posts

Posted by Cooolll > 2017-12-09 00:52 | Report Abuse

Awesome, wish you all get to jump into this bandwagon last week or beginning of this week, even price hit CIMB TP RM1.85 consider cheap also. Malaysia Vision Valley(MVV) and HSR station in Labu Seremban will impeccably boost the land value adjacent to the area.

Based on CIMB research, if they took MVV and HSR mega developments as catalyst for SIMEPROP, then we should not discount on other listed property counter such as Matrix and Asiapac which also held big parcels of landbank on the mentioned loacation.

Do your homework, hunt for the unpolished gems through Bursa website in this weekend.

Posted by Williamtaychunkit > 2017-12-09 10:18 | Report Abuse

Simeprop 大大获益不浅!

Posted by Williamtaychunkit > 2017-12-09 15:01 | Report Abuse

星期一开始没有什么机会可在rm1.30以下入场了。

Dakewlest

1,758 posts

Posted by Dakewlest > 2017-12-10 22:42 | Report Abuse

Buy and hold long term?

Posted by wenlijianqinyun79 > 2017-12-11 08:51 | Report Abuse

Yup.

MoneyUp888

842 posts

Posted by MoneyUp888 > 2017-12-11 09:16 | Report Abuse

Sure above 2 in medium term

Posted by christophertopher > 2017-12-11 09:28 | Report Abuse

wenli79 , u r right.
Fortunately I bought SIMEPROP quickly in tis morning open market. Thanks!
I will hold tight!!

Posted by Mohd Fahmi Bin Jaes > 2017-12-11 09:35 |

Post removed.Why?

Posted by Mohd Fahmi Bin Jaes > 2017-12-11 09:36 |

Post removed.Why?

apolloang

18,163 posts

Posted by apolloang > 2017-12-11 09:36 | Report Abuse

who says property glut???

Posted by christophertopher > 2017-12-11 09:36 | Report Abuse

SIMEPROP had valued the stock based on a 50% discount to its estimate of its realised Net Asset Value (RNAV), translating into a Target Price of RM1.85.

The large discount compared to an average of 35% for the other stocks under our coverage reflects the slower monetisation and longer gestation period of its considerable landbank !

paktua73

18,341 posts

Posted by paktua73 > 2017-12-11 09:39 | Report Abuse

in 1.30 throw on 1.40,1.39
just contra
tut tut
only said after out only
earn some
its ok
tut tut..
king lie one
love be lie as long make money
tut tut

Posted by Mohd Fahmi Bin Jaes > 2017-12-11 10:49 | Report Abuse

take profit

azman123

351 posts

Posted by azman123 > 2017-12-11 11:57 | Report Abuse

bullshyt to say undervalued based on RNAV
almost all property counters trade at significant discount from NTA

scott88

413 posts

Posted by scott88 > 2017-12-11 13:00 | Report Abuse

Tipu la

sell

2,456 posts

Posted by sell > 2017-12-11 14:30 | Report Abuse

Take profit. Wait below RM 1.2.

Posted by stockintalk > 2017-12-11 14:50 | Report Abuse

RM1.20 会meh.

Posted by stockintalk > 2017-12-11 14:51 | Report Abuse

rm1.20 只有那一次。

MoneyUp888

842 posts

Posted by MoneyUp888 > 2017-12-11 15:06 | Report Abuse

Dumbasses miss catching low... wakakaka

MoneyUp888

842 posts

Posted by MoneyUp888 > 2017-12-11 15:08 | Report Abuse

First TP 1.6

Posted by stockintalk > 2017-12-11 19:31 | Report Abuse

Besok is SIME show.

Posted by Mohd Fahmi Bin Jaes > 2017-12-11 19:32 | Report Abuse

why sime show. simeproperty or sime plantation?

ks55_

569 posts

Posted by ks55_ > 2017-12-11 22:10 | Report Abuse

Lousy CEO. Sell. RM 1 coming.

Posted by Mohd Fahmi Bin Jaes > 2017-12-12 09:26 |

Post removed.Why?

Richboo

91 posts

Posted by Richboo > 2017-12-12 12:44 | Report Abuse

Closed at 146

Dakewlest

1,758 posts

Posted by Dakewlest > 2017-12-12 19:16 | Report Abuse

Want to buy but price is expensive

Richboo

91 posts

Posted by Richboo > 2017-12-13 07:49 | Report Abuse

Target 1.60

gampang

146 posts

Posted by gampang > 2017-12-13 10:31 | Report Abuse

expensive lah

zayady

524 posts

Posted by zayady > 2017-12-13 11:06 | Report Abuse

expensive, buy now still got profit bcoz Target is 1.60 still will go up,,,just my opinion maaa

zayady

524 posts

Posted by zayady > 2017-12-13 11:07 | Report Abuse

observed this few days, this share is up, up, up laaaaa

upshare

3,239 posts

Posted by upshare > 2017-12-13 15:33 | Report Abuse

Today going down..

upshare

3,239 posts

Posted by upshare > 2017-12-13 20:11 | Report Abuse

Someone block at 1.47... why???

Posted by Mohd Fahmi Bin Jaes > 2017-12-13 20:14 | Report Abuse

Overbought

zayady

524 posts

Posted by zayady > 2017-12-13 20:55 | Report Abuse

FBMKLCI early sign of bullish uptrend.

Author: ScrewDriver | Publish date: Wed, 13 Dec 2017, 08:17 PM

After six months of correction, FBMKLCI finally reversed and showed some early signal of new uptrend.

Take a look at the FBMKLCI hourly chart above, FBMKLCI finally closed signifcantly above hourly 200ma.
This is a testament of intention to embark a strong uptrend, and the bullish upmove we saw these two days was legitimate.

The circled regions in the chart show the function of hourly 200ma as the boundary that seperates bull and bear territory, as price tends to bounce off 200ma.
Look at the first circle on the left, FBMKLCI breaks up from 200ma and retested it before commencing the uptrend we saw in 1H 2017.
Then in early November 2017, FBMKLCI retested and failed to break above hourly 200ma, hence the price corrected down afterwards.

Yesterday and today, we can observe a convincing closing above the hourly 200ma, so this is an early sign that the long dreaded correction in 2H 2017 is finally coming to an end. The uptrend and bull run of FBMKLCI is expected to resume after the 6 months hiatus.

Final confirmation of uptrend will be completed when FBMKLCI bounces off hourly 200ma in the future.



If you are not convinced on why FBMKLCI should rally, please refer back to my previous article.

I show this...

zayady

524 posts

Posted by zayady > 2017-12-13 20:57 | Report Abuse

is it good or bad sign? so tomrow down or up ?

upshare

3,239 posts

Posted by upshare > 2017-12-13 22:02 | Report Abuse

Up...

upshare

3,239 posts

Posted by upshare > 2017-12-14 09:44 | Report Abuse

Run....

.
...

Posted by Shahrizal Sukri > 2017-12-14 10:01 | Report Abuse

Sime Darby Property rated new outperform at Credit Suisse....please join the party!!!

Posted by steveninvest > 2017-12-14 11:08 | Report Abuse

Run and take profit already. :)

speakup

27,034 posts

Posted by speakup > 2017-12-14 11:10 | Report Abuse

*** BREAKING NEWS!!! BERITA TERKINI!!!

CHRISTMAS & YEAR END RALLY JUST STARTED!!!!
NOW IS TIME TO BUY!!!! JUST SIMPLY WHACK ANY SHARE, SURE *GUARANTEED* MAKE MONEY!!!!

***

Cooolll

62 posts

Posted by Cooolll > 2017-12-14 15:01 | Report Abuse

Super bull is in the making....

Richboo

91 posts

Posted by Richboo > 2017-12-14 15:02 | Report Abuse

1.39 can buy now ?

speakup

27,034 posts

Posted by speakup > 2017-12-14 15:02 | Report Abuse

BURSA PANIC BUYINNNNGGGGGGG!!!! CI+18!!!
ALL BUY FOR CHRISTMAS RALLYYYYYYYYYY!!!!!
JUST WHACK ANY COUNTER, GUARANTEED PROFIT FOR U!

Cooolll

62 posts

Posted by Cooolll > 2017-12-14 15:08 | Report Abuse

Strong outlook, strong currency, strong GE14 sentiment, the highest morale I had never seen in past UMNO assembly, etc...stay-tuned

speakup

27,034 posts

Posted by speakup > 2017-12-14 15:17 | Report Abuse

BURSA PANIC BUYINNNNGGGGGGG!!!! CI+20!!! CHRISTMAS RALLY!!!!!!

WHEN EVERYBODY BUY, U BUY!!!!

The_Reds

2,025 posts

Posted by The_Reds > 2017-12-14 15:29 | Report Abuse

support at 1.39...hope for surprise before closing today

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