Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of Jun 20th. The aggregated short interest is USD362m.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Sime Darby, Dialog, Top Glove, Ytl.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of Jun 20th. The aggregated short interest is USD362m.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Sime Darby, Dialog, Top Glove, Ytl.


Bursa Short Interest Weekly (Jun 20th): Sime Darby, Dialog, Top Glove, Ytl

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of Jun 13th. The aggregated short interest is USD349m.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Genting Malaysia, Axiata, Top Glove, Sp Setia, Dialog.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of Jun 13th. The aggregated short interest is USD349m.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Genting Malaysia, Axiata, Top Glove, Sp Setia, Dialog.


Bursa Short Interest Weekly (Jun 13th): Genting Malaysia, Axiata, Top Glove, Sp Setia, Dialog

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of May 30th. The aggregated short interest is USD360m.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Sime Darby, Genting Malaysia, Bumi Armada, Ammb, Genetec Technology.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of May 30th. The aggregated short interest is USD360m.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Sime Darby, Genting Malaysia, Bumi Armada, Ammb, Genetec Technology.


Bursa Short Interest Weekly (May 30th): Sime Darby, Genting Malaysia, Bumi Armada, Ammb

External broker reports(aggregated public sources), Hong Leong Investment Bank Berhad

Hong Leong Investment Bank Berhad

External broker reports(aggregated public sources)

Hong Leong Investment Bank Berhad operates as an investment banking company. The Company provides debt and equity funding, private debt securities issuance, merger and acquisitions, initial public offerings, corporate restructuring, and stockbroking services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>SP Setia reported 2Q23 core PATAMI of RM60.5m, which brought 1H23 sum to RM70.1m (+13.9% YoY), making up 34.1% of our and 23.9% of consensus expectations.</li><li>We deem the results to be within expectations as we expect lumpy contribution from its Australia projects in 2H23.</li><li>With OPR hikes likely over, we expect finance cost to stabilize and subsequently come down as the group continues its effort to pare down debt. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

SP Setia reported 2Q23 core PATAMI of RM60.5m, which brought 1H23 sum to RM70.1m (+13.9% YoY), making up 34.1% of our and 23.9% of consensus expectations.We deem the results to be within expectations as we expect lumpy contribution from its Australia projects in 2H23.With OPR hikes likely over, we expect finance cost to stabilize and subsequently come down as the group continues its effort to pare down debt. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

External broker reports(aggregated public sources), Public Investment Bank Bhd

Public Investment Bank Bhd

Public Investment Bank Berhad provides investment banking services. The Company offers corporate finance, banking, securities financing, capital market, treasury, and advisory services.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

<ul><li>Hot on the heels of the land disposal to Mah Sing Group Berhad (500 acres for RM392m in June), SP Setia announced that it is selling a 959.7-acre plot of land in Johor to Scientex Lestari Sdn Bhd (subsidiary of Scientex Berhad) for RM547.7m.</li><li>Combined, the two deals are expected to monetize about RM940m to the Group.</li><li>To recap, this latest deal is the same that was initially agreed back in May 2021 but then terminated due to non-fulfillment of a condition precedent. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Hot on the heels of the land disposal to Mah Sing Group Berhad (500 acres for RM392m in June), SP Setia announced that it is selling a 959.7-acre plot of land in Johor to Scientex Lestari Sdn Bhd (subsidiary of Scientex Berhad) for RM547.7m.Combined, the two deals are expected to monetize about RM940m to the Group.To recap, this latest deal is the same that was initially agreed back in May 2021 but then terminated due to non-fulfillment of a condition precedent. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

SP SETIA - Another Land Sale Worth RM547.7m

Malaysia

SP Setia Berhad is an investment holding company. Through its subsidiaries, the Company operates as building contractors and develops, invests, and leases properties. SP Setia also manufactures precast concrete, and prefabricates, installs, and sells wood products.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

SP Setia Bhd (SPSB MK)

Bursa Short Interest Weekly (Jun 20th): Sime Darby, Dialog, Top Glove, Ytl

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in Sime Darby, Dialog, Top Glove, Ytl.

Ke Yan, CFA, FRM

Bursa Short Interest Weekly (Jun 13th): Genting Malaysia, Axiata, Top Glove, Sp Setia, Dialog

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in Genting Malaysia, Axiata, Top Glove,...

Ke Yan, CFA, FRM

Bursa Short Interest Weekly (May 30th): Sime Darby, Genting Malaysia, Bumi Armada, Ammb

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in Sime Darby, Genting Malaysia, Bumi...

Ke Yan, CFA, FRM

SP Setia - Results Within Expectations

SP Setia reported 2Q23 core PATAMI of RM60.5m, which brought 1H23 sum to RM70.1m (+13.9% YoY), making up 34.1% of our and 23.9% of consensus...

Hong Leong Investment Bank Berhad

SP SETIA - Another Land Sale Worth RM547.7m

Hot on the heels of the land disposal to Mah Sing Group Berhad (500 acres for RM392m in June), SP Setia announced that it is selling a 959.7-acre...

Public Investment Bank Bhd

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)