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 SPSETIA - Worth investing in?, Your take about this stock?

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yok70
post Jan 18 2011, 05:25 PM

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Anyone has updated papers from OSK or CIMB etc, please share it here. Thanks! notworthy.gif

This post has been edited by yok70: Jan 18 2011, 05:26 PM
yok70
post Jan 19 2011, 03:00 AM

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QUOTE(iamsobloodysick @ Jan 18 2011, 10:59 PM)
Call warrants exercise price will be revised (read here). Not sure about warrants.


Added on January 18, 2011, 11:01 pm

It was only a week ago when most research houses were bullish on this stock. They changed their stand so quickly.
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Most of them still bullish, just a few downgraded as they thought its fully valued. cool2.gif

8.06 (CIMB, up)
7.70 (HwangDBS, not sure up or down)
7.39 (RHB, down)
7.15 (MBB, up)
7.23 (OSK, not sure up or down)
6.00 (Libra, not sure up or down)
6.95 (达证券 up

This post has been edited by yok70: Jan 19 2011, 03:02 AM
yok70
post Jan 19 2011, 12:48 PM

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QUOTE(iamsobloodysick @ Jan 19 2011, 07:51 AM)
Are these revised recommendations following the announcement of the corporate exercise?

ECM Libra is advising investors to take profit.

New SPSETIA-CW by CIMB (here) could be listing today. Let's see if the selling pressure persists or not.
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You are correct. Libra's TP is 6.00, definitely not a buy call.
Only those around 7.x or even 8.x with a buy/OP call.
yok70
post Jan 29 2011, 12:55 AM

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QUOTE(whizzer @ Jan 28 2011, 11:21 PM)
Bonus Issue for SP SETIA ? Good or bad ?
EPS dilution for higher growth expansion. So, is it good? It's good for mid to long term, it's bad for short term. That's why the selling down lately. Read this OSK paper and judge your own. They recommend to buy the WB warrant instead of the mother share. In today's closing, if you buy the WB warrant and immediately exercise it to the mother share, you already gain 3.27%. biggrin.gif


Attached File(s)
Attached File  SPSetia_An_Arbitrage_Opportunity_20110127_OSK.pdf ( 36.32k ) Number of downloads: 39
yok70
post Feb 1 2011, 06:37 PM

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QUOTE(pmsoo @ Feb 1 2011, 10:03 AM)
Sorry, what do you mean by immediately exercise it to the mothershare? Can it be done?
I thought it can only be done at the exercise date?
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You can exercise it anytime before the expiry date. Please correct me if I am wrong. smile.gif


Added on February 1, 2011, 6:43 pm
QUOTE(lch78 @ Feb 1 2011, 10:35 AM)
There is such a huge disparity between the analyses of different broker houses, that I don't know which one to trust.
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Yeah, huge difference. On the other hand, it's the sector top pick by OSK and CIMB. rclxms.gif
Another good example is Tchong. While OSK, CIMB, RHB rated it as sector top pick, Maybank asked you to sell it and buy proton and MBMR (support national car?!). Judge your own. laugh.gif

This post has been edited by yok70: Feb 1 2011, 06:44 PM
yok70
post Aug 29 2011, 03:24 PM

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QUOTE(highlander124 @ Aug 29 2011, 10:49 AM)
Today its up up up! Should fly up up up! More More More!

Look at funds buying big big
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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. biggrin.gif

yok70
post Dec 11 2012, 05:34 AM

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QUOTE(yamatotrading @ Dec 10 2012, 10:53 PM)
Just for sharing, SP Setia is doing some share placement with minimum purchase of RM1million and discount price of 7% from market price for clients.
It is going to be hell lots of shares float and heavy selling pressure will occur soon.
Share price will drop below RM3 after share allocation completed.
my 2 cents view.
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have them fixed the placement price yet? notworthy.gif
yok70
post Dec 11 2012, 02:54 PM

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QUOTE(yamatotrading @ Dec 11 2012, 12:05 PM)
Placement price will be 5-Day average before closing. Estimate about RM3.04 based on recent price movement.
Estimated shares credit on 24th December 2012.
Free Float of shares will increased from currently 20.7% to 31.0% and upto 35.8% if all ESOS/Warrants are exercised.
If i were the client sure i will immediately sell to materialized the 6% profit (after taking 1% brokerage) if possible.
SP Setia dividend yield is about RM0.11 a year / 3.6% based on current price.
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thanks! biggrin.gif
yok70
post Aug 22 2013, 02:42 AM

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QUOTE(escargo75 @ Aug 21 2013, 11:15 AM)
Very soon SPS will become MAS......
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it is possible, if good staffs continue leaving the company.
good work malaysia government. You killed our golden goose just by a finger. mega_shok.gif

 

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