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

Overview

Market Cap

9,861 Million

NOSH

6,801 Million

Avg Volume (4 weeks)

10,411,552

4 Weeks Range

1.34 - 1.50

4 Weeks Price Volatility (%)

68.75%

52 Weeks Range

0.56 - 1.69

52 Weeks Price Volatility (%)

78.76%

Previous Close

1.45

Open

1.46

Bid

1.44 x 93,100

Ask

1.45 x 1,240,300

Day's Range

1.44 - 1.48

Trading Volume

11,040,000

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2024 [#3] | 20-Nov-2024

Next QR | Est. Ann. Date

31-Dec-2024 | 23-Feb-2025

T4Q P/E | EY

18.09 | 5.53%

T4Q DY | Payout %

2.07% | 37.43%

T4Q NAPS | P/NAPS

1.49 | 0.97

T4Q NP Margin | ROE

13.04% | 5.38%

Market Buzz
Company Profile

Sector: PROPERTY

Sector: PROPERTY

Subsector: PROPERTY

Subsector: PROPERTY

Description:

Sime Darby Property Berhad is a Malaysia-based property developer, which is mainly engaged in three business segments: Property development, Property investment, and Leisure and Hospitality. Its Property development segment is involved in the development of landed to strata properties, covering residential, offices, retail and industrial developments, such as townships and complexes. The revenue of this segment is derived from both property sale and land sale. Its Property investment segment undertakes property leasing and provides property management services for shopping malls and galleries. Its Leisure and Hospitality segment covers the management and operation of various hospitality and leisure assets, such as Sime Darby Convention Centre in Kuala Lumpur, Impian Gold and Country Club in Selangor, Malaysia, as well as Darby Park Executive Suites in Singapore, among others. The Company has business presence in Malaysia, Singapore, Australia, United Kingdom and Vietnam.

Discussions
2 people like this. Showing 50 of 1,538 comments

Mabel

Sales in January-June rose 40% to RM2.1 billion and the company now expects to sell RM3.5 billion worth of properties by the end of December, Sime Darby Property said in a statement following its latest quarterly results announcement. That compares to its earlier forecast of RM3.0 billion for 2024.

The company “is on track to meet its FY2024 targets, bolstered by a strong first half performance”,

2024-08-24 10:45

Mabel

Sime Darby Property Berhad Announces First Interim Single Tier Dividend for the Financial Year Ending 31 December 2024, Payable on November 6, 2024
Sime Darby Property Berhad announces First interim single tier dividend of 1.5 sen per ordinary share in Sime Darby Property Berhad for the financial year ending 31 December 2024. Ex-Date 14 October 2024, Entitlement date 15 October 2024 and Payment Date 06 November 2024.

2024-08-25 10:56

Mabel

Sime Darby Property Bhd expects the occupancy rate for Phase 3B of Battersea Power Station in the UK to rise to 50-80% by next year, up from 20% currently and announced First Interim Single Tier Dividend for the Financial Year Ending 31 December 2024, Payable on November 6, 2024.

2024-08-26 09:24

joni

tomorrow moved 10 sen

2024-08-26 19:47

kahfui1221

Sime Darby Property unveils commercial heartbeat of City of Elmina. Beautiful

https://theedgemalaysia.com/node/722978

2 months ago

Ninja _07

All Property counters down

2 months ago

HugoUPUPUP

wtf, why epf keep selling?

2 months ago

kahfui1221

Local funds are like that, sell when foreign funds are buying 😗

2 months ago

Ayie1983

Lol, buyers need sellers la bro...foreign buy from local fund

2 months ago

Kim

RM1.45
RM1.50

2 months ago

Kim

Go cross 1.40 first.
Later sure good once done.

2 months ago

Kim

Ready to go
They need 1.43 - 1.45

2 months ago

Kim

To tear 1.41

2 months ago

kahfui1221

Continue to tear 1.41 tmr 😆

2 months ago

HugoUPUPUP

drop bloodly😭

2 months ago

solid

Good f epf :)

2 months ago

klee

here i come....

2 months ago

klee

Nta 1.51 Stock pr 1.4....EPF day2 sapu....This biggest property co will reap the full benefits of a strengthening economy n the upcoming HSR....look at what happen to frontkn when EPF hari2 beli dia...

2 months ago

HugoUPUPUP

Please shot to moon.

2 months ago

kahfui1221

This month very hard to shot to moon

2 months ago

klee

sold..

2 months ago

klee

double hoot9e

2 months ago

StarOfTheBull

SD Guthrie owns around 11,000 ha of land on Carey Island, accounting for roughly 85% of the island.
Upon the development kick off, other than SD Guthrie, the beneficiaries would be Sime Property, Sime Darby and other construction companies.
https://www.thestar.com.my/business/business-news/2024/08/13/monetisation-of-carey-island-to-buoy-sd-guthrie

2 months ago

Mabel

The reduction of interest rate will benefit property, infrastructure, utility companies while lower interest rates can present challenges for banks, they can also create opportunities through increased lending activity and improved asset quality.

2 months ago

kahfui1221

We'll find out tonight how much the Fed will cut rates

2 months ago

newbie9893

Fed cut rate by 0.5%

2 months ago

Mabel

Good News this morning. Here are the key points:

Fed Cuts Rates: The Federal Reserve cut interest rates by half a percentage point, citing increased confidence in inflation moving towards 2%.

Economic Projections: Policymakers expect further rate cuts, with the benchmark rate falling to 2.75%-3% by 2026.

Market Reactions: US stocks gained, the US dollar fell, and Treasury yields dropped following the announcement.

Labour Market Concerns: The Fed’s decision reflects concerns about a potential slowdown in the job market, despite progress on inflation.

2 months ago

Mabel

Indeed abcd!

Meow Meow Meow

2 months ago

SCM2023

A sudden surge in prices may be imminent, as attention is expected to shift to property counters soon, with most chart indicators showing a positive uptrend.

2 months ago

Kim

1.50 sudah no more? kikiki

RM1.60 to tear this week --->> RM1.80

2 months ago

Ninja _07

Sell Call from Kenanga

2 months ago

kahfui1221

Only 6.21% downside. Nothing to worry about it

1 month ago

Mabel

https://theedgemalaysia.com/node/728787

DneX try to capitalise on Google’s announcement this week, unfortunately it was a one day show. The excitement just cool down as everyone is still busy with Mulan..

KUALA LUMPUR (Oct 2): Google held a groundbreaking ceremony on Tuesday at The St Regis Kuala Lumpur to commence the construction of its first data centre in Malaysia at Sime Darby Property Bhd's (KL:SIMEPROP) Elmina Business Park in the City of Elmina township, Selangor.

The hyperscale data centre will be built according to Google’s customised specifications and infrastructure requirements. It is targeted to be completed in early 2026 and will be operated by Google upon completion. Located in Elmina Business Park, the park is designed to support the digital economy with infrastructure such as large-scale water and energy solutions. It expects to attract data centres, large-scale manufacturers, and small and medium enterprises. About 35,000 job opportunities are expected to be created upon the park’s completion in 2035.

1 month ago

HugoUPUPUP

Everyday drop😥

1 month ago

klee

PMX vs ISRAEL IRAN WAR.
Rally can ah?

1 month ago

speakup

GE16 jgn undi PM palestin

1 month ago

HugoUPUPUP

@speakup:Tapi I takut pas too, nanti genm tutup i tak boleh pergi gamble.

1 month ago

mf

Dow Jones

Dow Jones Industrial Average

41,954.24

-398.51

0.94%

Nasdaq

NASDAQ Composite

17,923.90

-213.94

1.17%

1 month ago

StarOfTheBull

Important date for Johor property developers.
18 October 2024, next Friday.
Hopefully there will be some favourable budget announcements for the planned SEZ.

1 month ago

newbie9893

Construction & property sector will be the next theme to play...buy now to be rewarded next week

1 month ago

AhHuat168

True, the theme is all about construction and property, next week budget 2025, im sure these 2 sectors will benefit the most from the budget.

1 month ago

HugoUPUPUP

wow, belakang mari.

1 month ago

abcb

The chart reversal, looks very bearish at the current situation

1 month ago

abcb

Possibility drop back to 1.36,then rebound back to 1.56

1 month ago

abcb

AMANAHRAYA TRUSTEES BERHAD keep dumping the shares recently

1 month ago

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