SUNWAY BERHAD

KLSE (MYR): SUNWAY (5211)

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Last Price

3.55

Today's Change

-0.02 (0.56%)

Day's Change

3.54 - 3.58

Trading Volume

3,179,300


9 people like this.

4,243 comment(s). Last comment by Kim 5 days ago

ChloeTai

1,079 posts

Posted by ChloeTai > 2024-01-15 09:14 | Report Abuse

Now RM2.35
RHB-OSK TP: RM3.00
TA TP: RM2.80
HLIB TP: RM3.00

ChloeTai

1,079 posts

Posted by ChloeTai > 2024-01-15 18:54 | Report Abuse

AmInvest technical analysis: Resistance 1 : RM2.50
Resistance 2: RM2.70

ChloeTai

1,079 posts

Posted by ChloeTai > 2024-01-16 15:13 | Report Abuse

Now RM2.38
RHB-OSK TP: RM3.00
TA TP: RM2.80
HLIB TP: RM3.00
AmInvest technical analysis: Resistance 1 : RM2.50

ChloeTai

1,079 posts

Posted by ChloeTai > 2024-01-17 09:11 | Report Abuse

EPF ceased to be a substantial shareholder on 10 November 2023. It was two months plus ago already, EPF should have sold all their holdings.

cactus81

239 posts

Posted by cactus81 > 2024-01-17 23:40 | Report Abuse

EPF held less than 5% from 10 Nov 2023 and threfore no need to disclose any transaction to public. Not sure EPF has sold all or not.

cactus81

239 posts

Posted by cactus81 > 2024-01-17 23:41 | Report Abuse

Similarly Sunway also stop disclose their transaction on IJM after holding less than 5%.

chamlo

1,160 posts

Posted by chamlo > 2024-01-18 06:52 | Report Abuse

YNH selling land to Sunway to escape more LD?

chamlo

1,160 posts

Posted by chamlo > 2024-01-18 06:52 | Report Abuse

2024-01-16

Insider

TAN SRI DATO' (DR.) CHEW CHEE KIN (a company director) disposed 3,350,000 shares at 2.296 on 11-Jan-2024.

titan3322

2,193 posts

Posted by titan3322 > 2024-01-18 22:51 | Report Abuse

@chamlo indirectly also tainted ? 50% chance of further retreat !

chongwee

138 posts

Posted by chongwee > 2024-01-19 10:49 | Report Abuse

AGONG WANT MADANI MALAYSIA WANT JOHOR DEVELOPMENT WANT JOHOR GROWTH IN HIGHNESS LEADERSHIP

chongwee

138 posts

Posted by chongwee > 2024-01-19 10:51 | Report Abuse

SMART MONEY VERY SMART ENTER PROPERTY THEME ...EXSPECIALLY ISKANDAR JOHOR

sten_still

379 posts

Posted by sten_still > 2024-01-23 15:58 | Report Abuse

believe it or not, after making entrance to klci replace mrdiy later. Sure the price going down. Grab the best price before listed on klci

sugumaran

134 posts

Posted by sugumaran > 2024-01-24 15:35 | Report Abuse

Sunway iskandar

Investorrr

615 posts

Posted by Investorrr > 2024-01-24 16:56 | Report Abuse

Sunway Bhd Vs YTL = equally powerful

Posted by Lightofheaven > 2024-01-29 15:05 | Report Abuse

sunway up ..any good news ah?

newbie8080

2,731 posts

Posted by newbie8080 > 2024-01-29 22:17 | Report Abuse

Sunway Hospital going for IPO in 2026/2027

speakup

25,184 posts

Posted by speakup > 2024-01-30 12:53 | Report Abuse

Yes investors are pricing this ipo 2 years ahead

Posted by Lightofheaven > 2024-01-30 18:40 | Report Abuse

pls lead me to clear the doubt..sunway medical ipo is 2026, is it way too early for thr share price to spike?

speakup

25,184 posts

Posted by speakup > 2024-01-30 21:31 | Report Abuse

sunway release news early to push up early

Posted by Bell2stock > 2024-01-30 22:17 | Report Abuse

Sunway wants to qualify for Fbm-klci top30 index stock by this june 2024 review..

InvestIcon

1,083 posts

Posted by InvestIcon > 2024-01-31 12:22 | Report Abuse

Whether Sunway wants to qualify for KLCI top 30 or Hospital Group going IPO in 2026. Sunway is simply too undervalued. Not surprise Fund are collecting

paperplane

21,546 posts

Posted by paperplane > 2024-02-02 10:19 | Report Abuse

Sunway might be in KLCI if price continue strong. Look at ytlpower, ytl, it might create interest and adding in portdolio once it is in index as fund mgr will benchmark own portfolio to it. Sunway with listing of medical in pipeline may invite more longterm buyers

Posted by Lightofheaven > 2024-02-02 12:34 | Report Abuse

sunway today rest first..next week uptrend again

Michael Kwok

6,086 posts

Posted by Michael Kwok > 2024-02-08 10:47 | Report Abuse

Sunway 2.73
Buy on weaknesses
Tp rm 3-rm 3.20
8/2/24 10.46am

KingKKK

370 posts

Posted by KingKKK > 2024-02-08 11:36 | Report Abuse

Property Sector - Pre-CNY Rally Leaders and Laggards? Read here to see SUNWAY performance against other property companies

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-02-08-story-h-189225169-Property_Sector_Pre_CNY_Rally_Leaders_and_Laggards_Discussion_about_UEM

ChloeTai

1,079 posts

Posted by ChloeTai > 2024-02-08 11:45 | Report Abuse

@Michael Kwok, Noted with thanks. Went in already at RM2.69.

ChloeTai

1,079 posts

Posted by ChloeTai > 2 months ago | Report Abuse

Volume very low pre CNY. After next Tuesday, stockist will come back. The volume will be back to normal.

ChloeTai

1,079 posts

Posted by ChloeTai > 2 months ago | Report Abuse

RHB Research has advised investors to start accumulating Sunway Bhd as investors are expected to be rewarded by the value-unlocking exercise, similar to the listing of Sunway Construction Group Bhd (SCGB) eight years ago.

“During the listing of SCGB, Sunway’s shareholders were entitled to a one-for-10 distribution-in-specie of free SCGB shares and post-listing, shareholders also received a 26-sen special dividend. We expect Sunway’s shareholders to be rewarded similarly via the value-unlocking exercise,” it added.

The research house has maintained a “buy” call, with a new target price of RM3 from RM2.65 previously, representing a 35% upside and 3% yield.

ChloeTai

1,079 posts

Posted by ChloeTai > 2 months ago | Report Abuse

“Under the shareholders' agreement with Singapore's sovereign wealth fund GIC Pte Ltd, the initial public offering for SHG has to be completed by October 2027.

ChloeTai

1,079 posts

Posted by ChloeTai > 2 months ago | Report Abuse

I start to take note of KingKKK comments after his forecast of PBA (Perbadanan Air Pulau Pinang) truly went up from RM1.50 to RM2.50.

ChloeTai

1,079 posts

Posted by ChloeTai > 2 months ago | Report Abuse

I am from Ipoh, so I know about Ipoh Sunway City:
Majlis pecah tanah pembesaran Jalan Tambun dihadiri oleh Pengasas dan Pengerusi Sunway Group, Tan Sri Dr Jeffrey Cheah dan Menteri Besar Perak, Datuk Seri Saarani Mohamad serta Datuk Bandar Ipoh, Datuk Rumaizi Baharin, semalam (10 Jan 2024).

ChloeTai

1,079 posts

Posted by ChloeTai > 2 months ago | Report Abuse

Spam come already, In YTLPOWER, we have rr88, Jerichomy and Snake77. Now over here, for the time being is kate440. When spam come, it is a signal of a bull run with uncharted territory week-by-week.

Posted by VerySmartInvestor > 2 months ago | Report Abuse

obviously, kate440 is spam. Be careful , don’t fall into his trap.

ChloeTai

1,079 posts

Posted by ChloeTai > 2 months ago | Report Abuse

Today 14.02.2024 selldown from 2.78 to 2.68 looks scary.

InvestIcon

1,083 posts

Posted by InvestIcon > 2 months ago | Report Abuse

sell down is normal when DJ dropped. Tuesday DJ dropped 500+ due to higher than expected CPI of 3.1% vs consensus of 2.9%. Well, opportunity always come with a crisis. Treat it as opportunity to enter cheap.

InvestIcon

1,083 posts

Posted by InvestIcon > 2 months ago | Report Abuse

@wallstreetrookieNEW , invest in share don't just think but understand.

Posted by wallstreetrookieNEW > 2 months ago | Report Abuse

No more upside for Sunway. All the profits back in 2021 have been realised in October 2023 like you mentioned two years ago.

"Sunway’s new sales for Q1 2021 doubled YoY to RM1.2bil (vs. RM583.2mil in 1QFY20), making up 73% of its unchanged FY21F sales target of RM1.6bil. With excellent property sales recorded, Sunway will easily achieve it’s sales target of RM1.6bil or more for 2021. But, 75% of the sales are from Singapore development project which under MFRS 15 accounting entry. The profit may delay to 2023 to recognize. So, I’m expecting profit for Sunway will jump in 2023 especially when velocity medical centre also start contributing good profit. With warrant conversion price drops to RM1.35 after October 2023, that’s the time WB holders will see the true value of the warrant."

paperplane

21,546 posts

Posted by paperplane > 2 months ago | Report Abuse

Read rpt from Aminvt, very detail rpt

kimpeng

48 posts

Posted by kimpeng > 2 months ago | Report Abuse

yay!!

KingKKK

370 posts

Posted by KingKKK > 2 months ago | Report Abuse

Strong set of result with generous dividend, next catalysts will be Johor theme and healthcare segment IPO.

edcheong

28 posts

Posted by edcheong > 2 months ago | Report Abuse

Reiterate Add, raising FY24-FY25F EPS and TP
We reiterate Add and raise our FY24-FY25F EPS to factor in our raised earnings for
Suncon. Our SOP-derived TP is lifted to RM3.45 to factor in our new Suncon TP. At our
RM3.45 TP, Sunway will trade at 23x FY25F FD P/E, above +1 s.d. from mean of 21x since
FY12, which we do not think is excessive given its strong property and construction
franchises and growing exposure to healthcare. Key downside risks: a slowing economy,
which will impact most of its divisions, and rising raw material costs. Key re-rating catalysts:
potential inclusion in the FBM KLCI, stronger property sales, and faster IPO of its
healthcare unit.

ChloeTai

1,079 posts

Posted by ChloeTai > 2 months ago | Report Abuse

The latest target price on 22.02.2024 for Sunway are as follows;
RM3.29 by TA (raised from RM3.18).
RM3.53 by RHB-OSK (raised from RM3.45).
RM3.30 by AMINVEST (raised from RM3.16).

iscmob

23 posts

Posted by iscmob > 2 months ago | Report Abuse

Cash or DRP:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3428169

DRP:
Re-invest Cash Entitlement into Securities
Entitlement Malaysian Ringgit (MYR) 0.0350
Company Name SUNWAY BERHAD
Issue Price per Unit Malaysian Ringgit (MYR) 2.5100
Deadline To Respond 04 Apr 2024 05:00 PM
Securities Crediting Date 18 Apr 2024
Available/Listing Date 19 Apr 2024
Fractional Entitlement Round Down / Fraction Disregard

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