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Investment SETIA ECOHILL (VERSION 8 @ HUAT AH), Inspiring Eco Township in Semenyih

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samkps
post May 5 2014, 08:55 PM

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QUOTE(Rabel @ May 5 2014, 08:53 PM)
Dun play play lor. 6 shoplots.  biggrin.gif  biggrin.gif
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huh.... 6 shoplots.... notworthy.gif notworthy.gif notworthy.gif

if 6 bangalows, then... notworthy.gif notworthy.gif notworthy.gif x 2

samkps
post May 6 2014, 01:07 PM

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QUOTE(cheryee @ May 6 2014, 12:21 PM)
ROTFL ... BBW kor, apa lu mau LAGI?  tongue.gif
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300k property near KLCC... tongue.gif tongue.gif tongue.gif
samkps
post May 6 2014, 03:06 PM

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QUOTE(KOHTT @ May 6 2014, 02:09 PM)
SPS habis liao!!! sweat.gif
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Oh no.. Maybank habis too... sweat.gif sweat.gif sweat.gif
samkps
post May 6 2014, 03:07 PM

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QUOTE(KOHTT @ May 6 2014, 02:34 PM)
By the way,

Demand for EM > SEH.

Prices for EM > SEH.  biggrin.gif  laugh.gif
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Lol...

Prices of EM > SEH very sure... thumbup.gif thumbup.gif

Demand of EM > SEH?? how to sure... hmm.gif hmm.gif
samkps
post May 6 2014, 03:13 PM

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QUOTE(neotheone @ May 6 2014, 02:40 PM)
I don't believe that a public listed company with a capable new CEO/director will fall into despair in a matter of months if not years. There surely will be check and balance in place, or else in AGM, those board of directors sure will be grilled by the shareholders.

Let's see how is SP Setia performing in the next 2 quarters before jumping to the gun to say that it is doomed, shall we?
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Haha, people suka jump into conclusion without considering the effect without the proofs and consideration, that's easiet...
samkps
post May 6 2014, 03:21 PM

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QUOTE(KOHTT @ May 6 2014, 03:08 PM)
At least maybank don't have so many staff leaving.

SPS got few hundred staff leaving...really no eyes see....sure kelam kabut inside and poor project execution laugh.gif  laugh.gif
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Are you sure Maybank don't have staff leaving when merging with Pacific bank and PhileoAllied banks back on year 2001 / 2012?

You said "sure kelam kabut in project execution", how are you so sure? Already have projects delayed or can't VP accordingly?

As a matter of fact, do you know how many staffs SPS have? How many quit and how many stay and how many new staffs are recruited? Provide more data so that we can discuss further loh..

More fresh blood come in loh, are you sure all the companies purchased by PNB is fated to fail?
samkps
post May 6 2014, 03:43 PM

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QUOTE(KOHTT @ May 6 2014, 03:30 PM)
Aiyo, already talked so lengthily in the V7...nah, this is the link again:

http://klse.i3investor.com/blogs/spsetia/45224.jsp

......
At SP Setia, the question is not who will replace Liew but who will bring in 250 "foot soldiers" to replace the 250 who will quit SP Setia to mostly join Eco World.

Those 250 are the nuts and bolts of the once formidable SP Setia juggernaut..........

How come you guys can write a very good English but cannot read English properly? shakehead.gif  hmm.gif
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Haiz... this post again, being showed and discussed long time already.

1.) The author from SPS HR department? How he/she knows 250 staffs will be leaving? So sure?

2.) Do you know how many staffs is in SPS? Let say even assume really 250 staffs are leaving, 250 staffs / 1250 staffs is 20%, but 250/2500 staffs is 10% woh... So, kindly tell me, how many staffs in SPS now? hmm.gif hmm.gif
samkps
post May 6 2014, 03:53 PM

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QUOTE(cfa28 @ May 6 2014, 03:15 PM)
PNB biggest mistakes have been underestimating the contribution of TSL and his key staff in developing what SP Setia is today.

A strength of a Property Developer lies not just in its Land Banks but the brains behind what to do with the Land Banks.

Don't believe, ask SHC, they are still kicking themselves for selling the huge plot of Land that transformed SP Setia.

So, PNB thinks, hey I got the Land - you can Garpu Off.

But they underestimated TSL - I can buy 1,000 acres just next to your Development.

Current acting CEO of SP Setia, just a matter of time before he leaves to join TSL.

PNB screwed up big time here and still clueless as to what to do with SP Setia or their current Property.  Just BAU
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CFA gor, I don't have crystal ball, I can't predict how SPS will go in future.

The only facts I know, there are some company under PNB working pretty well, and some are working pretty bad. I dunno whether SPS will be the former one or latter one.. I just strongly oppose the statement, everything under PNB will die..

However, there is one thing is very sure - in SPS, LKS buy land in Semenyih/Beranang, even after going to EcoWorld, they also bought a big land next to SPS. That's proves one thing, LKS and his team see the potential of Semenyih/Beranang area. Those people who believe Semenyih/Beranang project will be a failure also actually questioning the credibility of LKS and his team...

This post has been edited by samkps: May 6 2014, 03:53 PM
samkps
post May 6 2014, 03:57 PM

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QUOTE(KOHTT @ May 6 2014, 03:52 PM)
1) The author dare to put in the newspaper, it means the news is confirmed. Cannot be wrong 1.

2) According to our SPS expert  raikonen1213, even more SPS staff leaving after the news has appeared in newspaper, close to 400.  sweat.gif
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1.) That's not a news, that's personal opinion article. Only can become news if SPS officially announce there are 250 staffs leaving.

2.) Lol, not offense, your buddy whether is a man or a lady I also not sure, how I can sure about the info he/she provide? If he is so powerful, perhaps can show show some official statistics about staff overflow in SPS?
samkps
post May 6 2014, 04:03 PM

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QUOTE(cfa28 @ May 6 2014, 03:54 PM)
As at 2013, SP Setia has about 1,500 staff

http://mystarjob.com/articles/story.aspx?f...job_careerguide

250 / 1500 = 16.7%, is quite a lot actually.
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Lol, that means still lack of 20%... Quite alot? That's mean still more than 80% of staffs are working in the same company and recruitment is keep on going. I do not deny it will somehow affect the operation temporary, while waiting the people to come in. But will this company in chaotic situation with 80% staffs still working?


samkps
post May 6 2014, 04:06 PM

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QUOTE(KOHTT @ May 6 2014, 04:00 PM)
LOL. He is not my buddy lah. But from from the knowledge that he shared in this thread, no doubt he is the SPS expert.  thumbup.gif
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Haha... you sure now he is SPS expert? Not EW expert? Anyhow, he even condamn EW is an enethical company, perhaps is an SPS / EW grudge expert.... tongue.gif tongue.gif
samkps
post May 6 2014, 04:08 PM

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QUOTE(KOHTT @ May 6 2014, 04:06 PM)
Hello, someone failed to read and understand English properly again...How come ah?? hmm.gif

Those 250 are the nuts and bolts of the once formidable SP Setia juggernaut..........
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Lol, every staff also nut and bot lah, any staff in the company is dispensable?? doh.gif doh.gif
samkps
post May 6 2014, 04:16 PM

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QUOTE(cfa28 @ May 6 2014, 03:59 PM)
Don't get me wrong, I have nothing against PNB nor am I a fan of SP Setua, EcoWorld, TSL.  I am a poor fag, cannot buy such premium properties.

Just that PNB handled the entire takeover of SP Setia very badly, right from the start and until now.  They have no plan on what to do with their Prop Biz or SP Setia.  They allow their potential biggest competitor to remain on the Board / Mgmt until his last day and until now, TSL is still Chairman of Battersea.

Hello - Wake UP Guys, He is your Prime Competitor now.

U do not takeover a company without a solid biz plan.  If not for Property being a scarce resources and in high demand, such company after taken over will surely gulung tikar.
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In other project, EW and SPS maybe competitor.

However, in EM and SEH projects, they are in symbiosis mode. SEH is depending on the success of EM and EM success also depends on the SEH 1 and SEH 2.

This is the reason why, EW even build a beautiful bridge to connect EM with SEH, tapping each other need.

PNB buys potential company and SPS is potential company with many potential project, such as battlesea, project in Australia and etc... The fact is, LKS and his team either in SPS or EW also have seen the potential for Semenyih/Beranang area...
samkps
post May 6 2014, 04:21 PM

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QUOTE(KOHTT @ May 6 2014, 04:08 PM)
ai ya...better than u all lah.

everyday cupid cupid with cheryee...Setia Alam got only 1 thread. SEH got 8 threads wor!!! All the unconstructive love stories.  ohmy.gif
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Lol... okay, your perception is better than we all, for me is we better than you all woh, so who correct? tongue.gif

cupid or not cupid is not the matter, if you dun like can choose not to come or talk other topic. Constructive or non constructive is depending on how people look at it, nurturing care environment while sharing property info not nice? You don't like can choose leave it or talk other topic mah, so far I enjoy woh.. tongue.gif tongue.gif

Why compare SEH with Setia Alam thread, people different woh, of course different outcome lah... tongue.gif tongue.gif

This post has been edited by samkps: May 6 2014, 04:24 PM
samkps
post May 6 2014, 04:22 PM

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QUOTE(robert82 @ May 6 2014, 04:09 PM)
this time sam kor i need to disagree with you.
there's always slacker that we all wish to fire in a company  drool.gif

lol, sidetrack a bit
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Hahaha.... I do agree have such slacker in company, but if this so call bolt and nut really consists someone like you said and go to EW, it's good news for SPS too... tongue.gif tongue.gif
samkps
post May 6 2014, 04:30 PM

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QUOTE(robert82 @ May 6 2014, 04:23 PM)
This I agree.
LKS saw the potential of this area, coupled with Mahathir's hope of having Southern area to be further developed.
He probably (here I am guessing) wanted to tap on this potential, but before being able to fully develop this area, he was forced off from the company he developed.

Not wanting to give up, he decided to buy another piece of land and restart all over all.

But the way he look at it is probably as rival working together, which is obvious is many companies.
Big corporations are rivals but when comes to project, they will put all aside to work together for success. MNCs work this way and as long as they get their interest protected and profit, they won't be competing to kill each other.
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True, by killing SEH, EM also stands zero chance in Semenyih loh.. Like our brother Tikaram always said, SEH is in Rinching (mukim Semenyih), but EM is in mukim Beranang, even further down to ulu area loh... SEH success bring ong to this border area, then stimulates the sale of EM. EM success, stimulates the commercial activity and prices of SEH houses too.... rclxms.gif rclxms.gif
samkps
post May 6 2014, 04:31 PM

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QUOTE(KOHTT @ May 6 2014, 04:26 PM)
In summary, you tak suka, you keluar.  cry.gif
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Lol, make unrealistic assumption already.

My idea is, tak suka, ignore it and talk something else, nobody restrict you not talking something else mah... doh.gif doh.gif
samkps
post May 6 2014, 04:44 PM

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QUOTE(cfa28 @ May 6 2014, 04:30 PM)
Someone mentioned, yes competitors work together for each other benefits.  See how Peugeot and BMW worked together to develop the Prince Engine.

As for EW and SEH, its just like K2, TH and to a lesser extent Nadayu 92.  Yes, they say, lets combine resources to fund the flyover, etc.

These projects may appear to be in some sort of symbiosis but make no mistake, they are competing for the same buyer.  And its important to capture the Buyer first cos once u capture him, most buyers will not have enough money to buy from your competitor again.

I would like to see how MKH responds to TH and vice versa.  Good for buyers - more options.
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Competing for same buyers? SEH 1 already launched last year Oct and most of the units are being snatched up, there will be limited units available in the next launch.

I vested in SEH and as a matter of fact, I do encourage people that have interest to vest in Semenyih area to keep an eye on EM project too, why? Coz we know there are almost same located and with great township development. We expect more people to come over and bought property and boost the development within this area as Semenyih is at the starting stage.

Developer also knew, that's why they try to pull as many buyer to this area and building infra connecting each other. This is how township develop and success, definately counting like this buyer buy your house, not mine, so talk bad about the other project, coz they knew, if either project fail, will significantly affect the chances of success with other project. They don't want situation like this happen - "Wow, you still dare to but XX project, YY project just next to it with similiar concept already failed woh". It brings no benefits to either of the project too..
samkps
post May 6 2014, 04:46 PM

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QUOTE(robert82 @ May 6 2014, 04:39 PM)
how much did the Staff get for discount?
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I think this information is sensitive and only can be pmed pmed... tongue.gif
samkps
post May 6 2014, 04:58 PM

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QUOTE(cfa28 @ May 6 2014, 04:47 PM)
Fair assessment.  For Property Developer, slack will start to show about 1-year and less on the ground monitoring on QC and timing.
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Good, if your prediction is correct, then SEH phase 1 buyer are safe.. tongue.gif tongue.gif

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