what they claim can be 'not 100% true'.
be careful unless the number from quarterly says so

Target Price from Various Broker House:



Estimation:

AmResearch 28 June 2011




Attached File(s)
 AmResearchSdnBhd_SPSetia_28Jun2011_2011_6_27.pdf ( 78.52k ) Number of downloads: 68

Break or not SPSetia is overvalue, furthermore there are dilution from recent private placenment

it's down 3.87

waseh....target price so high from various broker....time to go in?

target price in 12 month's time.
in next 6 months, anything happens, they can change their TP at their own leisure, without even a pinch of guilt.

so many examples around
Learned the lesson, dont rely much on brokers

Property price downgrade...sure will affect property counter...
Mahsing , Spsetia and more...

May i know what software r u using?

I think we all aware the property industry is not as sexy as last two years. With rate hike and inflation flaming high, how well the industry will work? SPSetia is the leader and achieve a high valuation as compared to others. it is natural to see price adjust with rerate of property industry.

will this be the time to accumulate? behind the big player who own SPSetia, those looking for mid to long term, I believe is time to keep her in the monitor list. just my two cents

It depends whether we consider the property industry is still attractive enough to buy or we have to change into other industry?

If property industry affected, would it affect the other industry as well such as banking industry?

Could we take the big 2 companies from properties industry or better big 5 companies from the same industry to make a decision?

I guess it is a lot of work to be done, while we all just collecting information.

http://steven-moo.blogspot.com/2011/07/sp-setia-bhd.html

SP Setia abandons China property venture

SP Setia Bhd, a Malaysian real estate developer, scrapped a joint venture with Hangzhou Ju Shen Construction Engineering Ltd to develop a mixed property project in China because terms of the agreement weren’t met.

SP Setia “still firmly believes” that property prospects in China are “positive,” the company said in a statement in Kuala Lumpur today. It will continue to look out for other suitable opportunities there, it said. -- Bloomberg

Read more: SP Setia abandons China property venture http://www.btimes.com.my/Current_News/BTIM...l#ixzz1TJHJt8RO

Am Research (15 August 2011)


Attached File(s)
 AmResearchSdnBhd_SPSetia_15Aug2011_2011_8_15.pdf ( 720.51k ) Number of downloads: 53

At current price, worth to relook at S P Setia? What say sifu's out there?

At current market sentiment, better is to keep your money in the banks, unless you are looking for long term prospect.
Not a sifu. Just my 2 cents.

Today its up up up! Should fly up up up! More More More!

Look at funds buying big big

This post has been edited by highlander124: Aug 29 2011, 10:54 AM


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that's right. i saw that too, so i switched all my hunza into spsetia today. to be precise, my hunza-wb into spsetia-wb, since hunza-wb at 10% premium and spsetia-wb at -4% premium.
i hope spsetia can reach 4.00 and then take a rest there, i'll be very happy.

Bro! at rm4 its still discount to RNAV. Aim should be RM5...big guys buying...lets all follow in!

This post has been edited by highlander124: Sep 1 2011, 11:18 PM

Any suggestion? At the current price 3.12, when do you think the huge support will be coming in? I will say RM 3. EPF has been very quiet lately on SPSETIA.

Be careful, this one looks like a falling sword.. not knife.