Dear Neighbours,

Let's continue to party here


Version 1: https://forum.lowyat.net/topic/2464259

Version 2: https://forum.lowyat.net/topic/2983341

Version 3: https://forum.lowyat.net/topic/2997865

Version 4: https://forum.lowyat.net/topic/3009756

Version 5: https://forum.lowyat.net/topic/3040087

Version 6: https://forum.lowyat.net/topic/3076690

V7, wow, is different to have a lenglui as thread mod.

This post has been edited by nkhong: Jan 20 2014, 08:52 PM

New year new version.
Huat ar

wait what?V7 already?Huat ahhh!

Congrats to all neighbors for v7.

Oppps... my bad, my bad...

Well, LKS currently still holding 2.76% stake (67.79 million shares) of SPS.

http://www.bursamalaysia.com/market/listed...cements/1413377

If he carries this to EW, definitely will be still the one of the top 10 shareholders mah...

Nevertheless, since PNB offers a price of RM 3.95/share and current open market price for SPS just merely RM 2.88, that portion of shares definitely will be sold off by LKS to PNB loh...

This post has been edited by samkps: Jan 20 2014, 09:28 PM

Wow... version 7 already... Congrate.. congrate....

super active tis thread

CNY time will have Version 8, really HUAT ah!!!

Setia gong xi gong xi gong xi gong xi ni ...

Sam kor,



Yerrr ... so u still cant have the honour to be the blow water king yet lo

Congrates to all SEHrians!

only 1 person super active,i dunnoe who larr
*fast2 run away and hide*

Yerrr .... 1 hand cant clap geh ma

Congratulation to current and future owners of SEH

me... me....

I thought the agreement was that he needed to sell when he leave the company?

Gong xi gong xi

Yerrr ... protecting me ga?

30/04/14 ma .... belum sampai lagi

If market price is higher, if not mistaken he still can sell it to the open market woh...

LOL

my company ceo left as well, some parting notes then business as usual.

Many sp stia friends resigned after getting bonus.

last day of work march

hmm interesting...
roughly how many % of the workforce?

I know 7

5 resigned

2 stay bcs too old to move to new company.

if a company can fail due to certain people leaving,that company is doom to fail anyway

Singapore success - leader
sp setia success -leader
air asia sucess - leader

kankung land fail - leader
Ho hup fail- leader
MAS fail - leader

Not agreed. Good leader without an excellent team. The group wont succeed .

This post has been edited by Rabel: Jan 20 2014, 11:05 PM

This post has been edited by xemse89: Jan 20 2014, 11:08 PM

let me rephrase,the normal employees,as you are saying about staff leaving.

staffs leaving are normal, but mass leaving would create issue.
it is hard to gauge the impact unless we have clearer pictures of numbers of staff leaving.
we have sample size of 7, of which 5 left, 2 stayed, cause cannot leave.
unless there's more info/sample, we are in the dark.

yeah,can't make solid judgement as there's insufficient info to gauge

Good leader leave.

Inspire excellent team follow.

Balance so so leader stay. Bal so so team

Some excellent team will become so so team as time pass.

Yes. Agree With you this time.

boleh land have good leader like ah jib kor...

Bolehland fail bcs we have so so team like you and me.

thats why ah jib kor support.....kalau tak suka boleh bslik tong san....

all good excelllent team from bagla. Maymar . Nigeria will make us success.

Lets wait...

my friends said.

for the first time after so many year growth.

sp setia forecast sales drop for first time.

let wait for the annocement at klse

Tikatam Taikor, so free today.

Amint taikor not here lah...

Let SEHrian enjoy they party lah..

i am aiming Eco Majestic loo

Good leader leave and replaced by another good leader

Existing excellent team follow and replaced by another excellent team

Balance team will work together with new excellent team for better future.

hmm, its hard to gauge, keeping my finger crossed...
huhu

tikaram party crusher

Not only sp setia forecast drop lar. Others developer oso forecast no good mah. U tot Gamuda forecast very good meh.

Rabel taikor,

Do you know what phase the Monlis is? Phase 1CXX??

I know ytl n mah sing forecast up wo.

i dont have friend working in gamuda finance. That no idea.

Sorry not sure. Maybe can ask TKJ

I am sharing my info.

U dont need to believe wat i said.

ok. thanks.

Any taikor taikarjie brought luzento/monlis/aravia? May i know the phase number is? I am sure it start from 1Cxx..

How u know ytl n mah sing tell u the true thing in forecast? U first time doing forecasting ?.

1C04

I last time ytl staff ma.

mah sing? I got mia friend working there.

U r staff doesn't mean u know top management real strategy especially listed company
If ur friend in mah sing is top management ppl. I oso dun think he will tell u the true thing.

This post has been edited by Rabel: Jan 20 2014, 11:38 PM

thanks bro~

True

but.

Usually in finance dept...they 99 %know the latest forecast sales. Bacause it is everything...like cash flow...loan repayment...setting profit margin.

n sp setia need to firecast very accurate sales. Bcs they pump in alot in uk powerplant development(bleeding alot)

worst with ringgit droping like shit.

good night.

This post has been edited by tikaram: Jan 20 2014, 11:45 PM

That y I told u the act game only the top management " key ppl" knows.
Forecast is show to the public, investor, supplier,.......
Some comp can not react the real thing in early state. Big impact and need to answer to the board of directors.
Forecast still is forecast. 99% know?.. Consider super super accurate.

Tikaram always like this one. He will say all places are no good except Bukit Jed. He will also tell u that other fruits are no good except banana coz banana is a superfood! Hehe

CY, thanks for resuming your faithful duty!

Yes, 2014 first edition!
Huat arrr!

Yes bro xemse...welcome again! Happy reading and contributing!

Hahaha...good one bro sam.
Now we know who is the one simply blow water ... like hurricane lagi..
Yet to be sold, hence, still one of the top 10 shareholders.
I am waiting for the response..

Hahahaha! Mana ada, 1 person and all the peanut followers...are active..

Congrats to you too bro!

I am sure the option to exercise the selling rights will have an expiry date which may not necessarily coincide with the resignation date. Nonetheless, LKS is only leaving effective 30 April 2014 if m not mistaken.

Yeah, remember reading on the Edge on mistake made by PNB; no incentive for LKS to work harder as he's compensation is not performance based - i.e.: he can sell to PNB at fixed price or market based on whichever is higher basis.

Exactly, all large corporations have exodus of staff - not just at top, even in between when someone leaves the faithful staff leaves - this happens everywhere and i am certain there will be a succession plan - only question is will it be as successful as LKS can be.

Actually, ppl keep questioning what sp setia will be without LKS

Should ppl think another questioin. Will Eco world as success as sp setia in future?

This post has been edited by Rabel: Jan 21 2014, 09:05 AM

Disagree.
No chair can be stable without 4 legs - similarly, no company / cabinet can be successful without the team / ministers.
Then again, excellent leader motivates and creates excellent team - if he takes all the prodigy then, the company is in a dangerous situation - but, as said, some plan will be in place, whether successful or not - to be seen.

This post has been edited by darween13: Jan 21 2014, 10:23 AM

This is true given that the new leader is as inspiring as the previous one - then again the spirit may not be the same as LKS is founder and now new leader is more of one that is capable - but, you never know till you empower someone to do the job. Just like LKS, we may have another that will groom the company in different ways.

so, are you guys still comfortable or not with him leaving?
i mean the impact to the project :S

Temporarily, Datuk Voon has been elected to succeed Tan Sri for 1 year. This was agreed with the Board last year. I don't think there will be much impact on SEH project. As mention by many brothers here, the successful of Ecohill or EcoMajestic is very much depends on each others. I still think the project will be a successful 1.

As for future (1 year later), it is very much depending on the major shareholder in SP setia to decide who will succeed Datuk Voon for long term. Who knows if Datul Voon can do very well the board will allowed him to continue. I not too concern on the future as SP Setia already a very top developer.

No issue coz I dun think any impact to the existing projects.

Battersea project bleeding a lot mean EPF and Sime Darby also koyak. On this three JV partner who you believe pump a lot of money for Battersea project. Don't just assume something that u don't know bro. Battersea project sale is doing well with the blue chip company and government pension fund involve.

Bettersea project doing well I think. Selected some units (on behalf of co.) but before give confirmation within few days, units selected has been taken off. Hmmm... royal purchase.

Post budget 2014, most of property sales drop.The developer which plan to launch new project ,hold it to see the impact.Some just wait and see,same goes to the buyer due the imposed that introduce by MOF.
As for Mah Sing that you mention their sales is increase..this might be due to their new launching of their apartment with starting price from Rm300k.For land property, are their sales increase?sama maa.. or much less because their price is high.

Yes yes no impact...doesn't matter if 200 staff leaves within these 2-3 months and all the EVPs cabutz...is still always BBB time ya???

SP Setia is a GLC company and PNB is a majority shareholder. If 200 staff cabut and key personnel resign I'm sure PNB has a plan B maa..one possibility I&P and SP Setia merge if confirm a lot of SP Setia staff cabut.

taikor, in sp setia web site got allot of job vacancy loh.. good pay and 7% discount.

senior manager also got leh... want to joint or not...

Yes of course PNB has plan B and C..look at Pelangi Berhad which they took over previously....What a plan ya!!!!

and for ecohill only 3 postings?

taikor, sp setia hq going to setia alam mah..

high post kena kerja at setia alam loo

Anyone want to let go before increase price?

tan sri resigning, i'm selling all 5 units i have now.

Good sign. I only worry if got ppl left but no replacement. They need recruit new ppl the mean management believe company future still very bright.

Wow! PM me.

Wah, great.... another 5 new job opportunities....

kankung land fail - leader
Ho hup fail- leader
MAS fail - leader

Lol... are you sure kangkung land fail because of leader only, although his working teams all are dedicated and capable in tanam kangkung???

Oh no... whole Malaysia only have one good leader, one inspiring working team???

Wow, already can forecast sales drop because of LKS leaving? Terror....

Finance department projected sales drop, just simply because LKS leaving or based on any solid rationale?

Lol....

Please PM me if you want to sell your house especially the link houses.

Working ceo come and go. No big deal. No company going to just go bust the next day just because change of captain.

Most mnc would have have laid out 3 to 5 years plan and some up to 10 years plan and there's always a backup or succession planning. Don't forget in the corporate world, nobody is indispensable.

Even though they might have many people jumping ships, the company daily operations will still continue. What makes you think you can't get the best talent if you give good packages ?

So, chill it guys, as long as they promised to deliver, why bother who's running the show as at the end of the day, whoever took charge will still have kpi to achieve by stakeholders.