SP Setia share price won't go beyond RM3.90 unless got new higher offer from other competitor. Just curious, how much needed to buy the entire SP Setia?

More news about SP Setia

http://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=SPSETIA

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Added on December 13, 2011, 11:23 amEm, so silent for SP Setia..... the price still moving in the range of 3.8 to 3.9. It never break 3.90 because that is still the price offered by PNB to take over.

For the last week report, SP Setia still having the good sales performance and profit. Also, the sales forecast is 4 billions for 2012 and the land bank that they having will make them busy for the next 10 years and the land value will be appreciated over the time.

Their future project will be Semenyih Eco City, that is going to be another booming.

For me, SP Setia's share price will go up because RM3.90 offer price is really under value. PNB will be no choice to raise the price in order to hold Mr.Liew and his management team. Or, Liew found another buyer for higher price where i think he is still doing right now.

Liew still very active to grow SP Setia as we can see the activities in Singapore, Australia and Vietnam. Also, they are seeking opportunity in London too.


I think it is psychology where ppl still waiting for clearer picture. But by the time the thing is clear, it will be too late as the price will be pushed up. SP Setia is a steady stock (because of steady management team ), the price don't fluctuate much and grow very steady.

I quite like property investment as the risk is lower but need huge up-front money. So, buying a good property stock could be another alternative where i still can have liquidity instead of buying physical property.


Read the past news and share price chart movement for SP Setia: http://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=SPSETIA


Another news is TA just put Price Target for SP Setia (Buy, target RM4.44)

http://klse.i3investor.com/servlets/ptres/5611.jsp



This post has been edited by machoman_13: Dec 13 2011, 11:23 AM