SIME DARBY PROPERTY BERHAD

KLSE (MYR): SIMEPROP (5288)

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Last Price

1.40

Today's Change

+0.12 (9.37%)

Day's Change

1.27 - 1.40

Trading Volume

36,909,200

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
2 people like this. Showing 50 of 1,497 comments

pang72

Ecoworld $1.75 leh..
Simep $1.67 only..

Fast fast chasing up

1 month ago

pang72

SPSETIA $1.68

1 month ago

pang72

Country view up 19% to to 1.93

1 month ago

pang72

MUIPROP up 44% to 35c

1 month ago

pang72

Crazy property liao lo

1 month ago

pang72

SIMEPROP is the largest property company in malaysia in land bank 15k acres.. which I like because land is precious now.
Most mid cap property company like KSL, scientek has to buy land from spsetia, UEMS or SIMEPROP to continue their businesses.

One day, Simep stops selling land then they will be in trouble or to get expensive land..

1 month ago

kahfui1221

Rally for property sector today, nice

1 month ago

pang72

$1.69 up 10c close at 52wks high..

Awesome!

1 month ago

pang72

https://www.edgeprop.my/content/1909986/us-data-centre-firm-equinix-invests-rm23m-expand-capacity-malaysia

DC theme never ending...
Equinix bought 3.5acres land for $23mils

1 month ago

pang72

Selangor land as precious as Johor now

1 month ago

pang72

What is sumeptoperty land worth if sell every inches for DC?
$13/shares...

However, Simep at $1.69 today!

Undervalue? You think

1 month ago

kahfui1221

With earnings growth that's superior to most other companies of late, Sime Darby Property has been doing relatively well. It seems that many are expecting the strong earnings performance to persist, which has raised the P/E.

1 month ago

Invest_888

If HSR from KL to Singapore is approved this year, the massive land bank of Simeprop in SEREMBAN, district of Labu/Nilai, which the HSR Seremban station is located should be benefited significantly.

1 month ago

tatwaiwong

simeprop landbank more nice in hsr is pagor place landbank only

1 month ago

kahfui1221

Small drop only for simeprop. No need to worry

4 weeks ago

Arun008

so much drop

3 weeks ago

kahfui1221

How are you doing comrades ... Still holding or cut loss alrdy ?

3 weeks ago

Invest_888

Many cut loss. blue chip stocks dropped more than 10%.

3 weeks ago

speakup

GAME OVER!
time to go back to the real Casino at Genting Highlands, enjoy nice weather and BFM (Bet For Malaysia)

3 weeks ago

Jaeger

Wow, what a bloodbath! Japan yen carry disaster is being blamed.

3 weeks ago

mf

Dow Jones

Dow Jones Industrial Average

38,703.27

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2.60%

Nasdaq

NASDAQ Composite

16,200.08

-576.08

3.43%

3 weeks ago

chopstick

😀

3 weeks ago

kahfui1221

SimeProp is one of the MVP stocks today 😃

3 weeks ago

DreamGuardian

aah, MVP or MPV?

3 weeks ago

kahfui1221

What does MPV stand for ?

2 weeks ago

SteadyT

What's happening today? Dropped 6%

2 weeks ago

SCM2023

Few brokering houses recommended this counter. What went wrong?

2 weeks ago

lionel messi

Almost all property stocks suddenly got sold down today. What's the story?

2 weeks ago

SteadyT

Not really. Gamuda and IJM are fine

2 weeks ago

Investorrr

could be dragging down by issues Battersea Power Station JV in.UK with Sp setia

2 weeks ago

Investorrr

Malaysian consortium, comprising S P Setia Bhd, Sime Darby Property Bhd and the Employees Provident Fund (EPF), together with the support of other private and public sector stakeholders were the key drivers in helping the iconic power station roar back to life.

It wasn’t an easy task, of course. Battersea Power Station was purchased by the current shareholders in 2012. A complex transaction, it took 18 months and involved a team of hundreds, including advisers, financiers and solicitors, before the deal was sealed.

2 weeks ago

SCM2023

I believe this is primarily a technical correction for this counter. The correction should be short-lived, and the stock price should resume its upward trajectory with the anticipated strong upcoming earnings.

2 weeks ago

abcb

Temporary overvalued and overbought

2 weeks ago

SCM2023

We will see ATH soon

2 weeks ago

kahfui1221

Looks like the market has digested the negative performance of Battlesea project. good good

1 week ago

HugoUPUPUP

Still not stable, when can break 1.60 again?

1 week ago

edcheong

Why no trades allowed today on this counter?

1 week ago

Damn

Great QR!

1 week ago

HugoUPUPUP

Open high close low, many people sold for great QR?

1 week ago

Mabel

Investorrr could be dragging down by issues Battersea Power Station JV in.UK with Sp setia
15/08/2024 12:28 PM

Between SP Setia and Sime Darby Property, SP Setia has been more affected (shares drop by more than 15%) than Sime Darby Property (drop by 2%) in the Battersea project:

Income Guarantee Agreement: SP Setia’s joint venture agreement for an office tower in Battersea Power Station included an income guarantee for a period of five years. Due to soft market conditions and low occupancy rates, the joint venture reported a significant loss of RM125 million. This agreement has had a more immediate and substantial financial impact on SP Setia compared to Sime Darby Property.

Higher Interest Rates: The higher interest rates in the UK have increased the project’s interest payments, further impacting SP Setia’s financial performance.

Market Reaction: The market reacted strongly to SP Setia’s financial results, leading to a steep decline in its share price by more than 15%, which triggered a suspension of short selling. This sharp decline indicates a lack of investor confidence, exacerbating the impact on SP Setia.

Accounting Impact: While both companies faced accounting impacts due to the International Financial Reporting Standards (IFRS), SP Setia’s losses from the joint venture were more pronounced.

In contrast, Sime Darby Property has managed to maintain a more stable financial performance, partly due to its diversified portfolio and strategic initiatives that have helped mitigate the impact of the Battersea project.

To Our Success !

Meow

1 week ago

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”,

1 week ago

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.

6 days ago

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.

5 days ago

joni

tomorrow moved 10 sen

5 days ago

kahfui1221

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

https://theedgemalaysia.com/node/722978

4 days ago

Ninja _07

All Property counters down

3 days ago

HugoUPUPUP

wtf, why epf keep selling?

3 days ago

kahfui1221

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

1 day ago

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