SP SETIA BHD

KLSE (MYR): SPSETIA (8664)

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Last Price

1.42

Today's Change

+0.02 (1.43%)

Day's Change

1.38 - 1.42

Trading Volume

16,150,300

Major Holders Breakdown
Current Holdings

Name

No. of Shares

Percentage

DATO TING HENG PENG

12,000

40.00%

DATO TING HENG PENG

12,000

40.00%

DATO TING HENG PENG

12,000

40.00%

Historical Transactions
From To Type No. of Shares Min Price Max Price
Discussions
5 people like this. Showing 50 of 5,112 comments

Investorrr

Maybank's 12 stocks to ride impending Johor-Singapore SEZ.
Developer SP setia,with 960 acres of land in JB alone,is on track to double its earnings this current FY2024 from prospective land sales.According to Maybank,SP Setia is enjoying higher prices as news flow on prospects of SEZ gathers pace and is poised to unlock gains of more than RM320 million.In addition,SP Setia is said to be in " advanced negotiations " with potential JV partners foe 16 acres of commercial land in Setia Alam and 307 acres of industrial land in Tanjung Kupang,filling up the pipeline for further land sales down the road.The Company is exploring a REIT to unlock value and lower gearing." This could serve as a vehicle to inject the group's mature assets in the future enabling capital recycling. We believe this could be a positive catalyst in the medium term," says Maybank,which has a "buy" call and RM1.66 target price.

1 month ago

Investorrr

After achieving 1.66 tp,Sp Setia could enjoy a free easy ride towards 2.10

1 month ago

xuxu

wow nice SPSetia hehe! gogogogo

1 month ago

thedancingbull

Tomorrow another ride

1 month ago

TrendSculptor

Looks like my prediction was right 😎

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TrendSculptor

Sp setia will break Rm1.50 next week

4 days ago

1 month ago

xuxu

aiyo this SPs wanna collect more also no chance hehe

1 month ago

IdrakUsama

RHB Retail Research said S P Setia Bhd is poised to resume its uptrend after climbing above the 21-day simple moving average (SMA) line

https://theedgemalaysia.com/node/710552

1 month ago

IdrakUsama

naik terus ke RM2 😁

1 month ago

Investorrr

impending correction likely

1 month ago

trend_first

Another 114m conversion! When this going to end. Any idea who is this party? Hope no major selling after this.

1 month ago

TrendSculptor

Major buyer is EPF i guess 😁

1 month ago

IdrakUsama

Sp Setia tak berapa peduli kenyataan dripada GuocoLand 😁

1 month ago

Jaeger

Flying!!

1 month ago

Jaeger

With gap up

1 month ago

DragonPhoenix

trap!!!!

1 month ago

questra

Hahaha flying then get shot down to red wkwkwkwkw

1 month ago

ks55

SP Setia waiting for payment amounts to rm 620 million from 2 land disposals within Q2 reporting period.
We expect price will continue to move upwards.

1. On 19 June 2023, the Company’s indirect wholly-owned subsidiary, Petaling Garden Sdn Bhd
entered into three (3) inter-conditional sale and purchase agreements (“SPAs”) with the following
three (3) wholly-owned subsidiaries of Mah Sing Group Berhad to dispose of approximately 500
acres of freehold land situated in Mukim Beranang, Daerah Ulu Langat, Selangor for a sale
consideration of RM392,040,000.00:

The conditions precedent of the SPAs were met on 21st March 2024, but the legal completion of the
SPAs is pending full settlement of the sale consideration. The estimated timeframe for the legal
completion is by the 2nd quarter of 2024.

2. On 23 November 2023, the Company announced that Bandar Setia Alam Sdn Bhd (“BSA”), its direct
wholly-owned subsidiary, entered into a conditional sale and purchase agreement (“SPA”) with KSL
Bestari Sdn Bhd (“KSL Bestari”) to dispose of approximately 17.99 acres of freehold land in Mukim
of Bukit Raja, District of Petaling, Selangor for a cash consideration of RM228,800,000.00.

The conditions precedent of the SPAs were met on 18th April 2024, but the legal completion of the
SPA is pending full settlement of the sale consideration.

1 month ago

ks55

Suddenly all IBs gave buy call on SP Setia. I am more interested on industrial development at Setia Alaman (399 acres), next to Klang Sentral in the Klang Valley. Industrial land is now selling at rm 140 - 160 psf (or rm 6.5 million per acre). Also striking my mind is industrial development of 307 acres in Tanjung Kupang, beside 2nd Link Johor Baru. It should be sell at around rm 150 psf or rm 6.5 million per acre.

My Kampong Champion is now elevated to District Champion before promoted to State Champion very soon.

1 month ago

ks55

I can wait for it to become State Champion before selling. Cheers!

1 month ago

IdrakUsama

I tunggu Sp Setia naik sampai Rm2 😁

1 month ago

Markv572421

cannot fly lor ..........

1 month ago

Markv572421

this conversion really disturbing ......

1 month ago

Markv572421

sp setia when will go up .......my good ness

1 month ago

Markv572421

BYE ...SOLD !!

4 weeks ago

Markv572421

setupidd stock !!!

4 weeks ago

IdrakUsama

Celakar Markv ni. Sp setia dah naik kuat sejak bulan Jan ini

3 weeks ago

IdrakUsama

pasti Markv ni adalah day trader 😆

3 weeks ago

GammaRay

S P Setia partners Ant Digital Technologies and JaGaSolution to launch smart community app

https://theedgemalaysia.com/node/713641

3 weeks ago

CoolBull

looking kind of interesting ...

but not for short term players, I guess

quite likely not really their cup of tea

2 weeks ago

IdrakUsama

Mcm ni boleh pegang saham ni sampai ia naik Rm2 😀

2 weeks ago

TrendSculptor

Got holding powers surely can keep it until it hits RM2

2 weeks ago

Jason Yi

See you guys above 2

2 weeks ago

GammaRay

Now SP Setia is chasing Mahsing 😁

1 week ago

RTA09391

Wtf! Always have disposable every day,

1 week ago

ks55

UEM Sunrise to sell Johor land for RM144.9m to data centre company

https://theedgemalaysia.com/node/715020 (Share from StockHunter)

Every major property developer is selling land to build Data Centres with hefty profit. When is SP Setia going to sell one?

1 week ago

TrendSculptor

wow, Syed Mokhtar's firm is buying S P Setia's Tebrau land for RM564 mil cash

1 week ago

Papercut Bursa

Summary of recent spsetia activity:
1) Staff MSS & VSS
2) Sell Land
3) Prepare REIT IPO

1 week ago

grailED

history kenanga punya research always SELL..selalu bt pyscho🤣

1 week ago

blackmamba87

Aiya, naik la sikit. No fun la.

1 week ago

IdrakUsama

Sabar, orang goreng CHB hari ni 😏

1 week ago

trend_first

Kenanga TP RM0.85 , unbelievable.

3 days ago

Skyliew1919

Why sell land done bursa no Ann

3 days ago

TrendSculptor

S P Setia Bhd is confident of meeting its 2011 sales target of RM3 billion after the company notched up sales of RM1.66 billion in the first seven months of the year.

https://theedgemalaysia.com/article/s-p-setia-confident-meeting-rm3b-2011-sales-target

2 days ago

IdrakUsama

Big funds mula jual ...

1 day ago

TrendSculptor

S P Setia doesn't have a big drop despite of that

5 hours ago

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