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Last Price Today's Change   Day's Range   Trading Volume
1.09   0.00 (0.00%)  1.09 - 1.09  11,000
480 comment(s). Last comment by Nepo at Jun 12, 2021 8:47 AM
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SHUECHABOO
71 posts

Posted by SHUECHABOO > Jun 3, 2021 12:54 PM | Report Abuse

One of the sectors allowed to operate during total lock down. MMC's share price has soared. SURIA's share price will rise higher, even more so Sabah is now ruled by a more efficient PBBM!


SincereStock
433 posts

Posted by SincereStock > Jun 3, 2021 2:31 PM | Report Abuse

another thing worth mention is that SURIA is a debt free port company~! cash > borrowing, very insignificant financial cost to be deducted from profits


Nkk1370
125 posts

Posted by Nkk1370 > Jun 3, 2021 5:24 PM | Report Abuse

MMC going private, Suria , possible to be next


SincereStock
433 posts

Posted by SincereStock > Jun 3, 2021 5:58 PM | Report Abuse

@Nkk1370 yea can park my profit from MMC here in Suria, hopefully price still no up by then, although I am holding quite some share already here


Joker123
18 posts

Posted by Joker123 > Jun 4, 2021 8:52 AM | Report Abuse

park small here. however, I saw the revenue drop if compared to the last QR.


SincereStock
433 posts

Posted by SincereStock > Jun 4, 2021 10:07 AM | Report Abuse

@joker123 revenue / profit indirectly affected by mco due to lower local demand, good potential to recover to previous level after covid crisis

good idea to park here early with extra money before the investors from MMC got back their capital and profit, potential quite a few will come here


SincereStock
433 posts

Posted by SincereStock > Jun 4, 2021 11:04 AM | Report Abuse

start moving already, don't miss the train


beluga
88 posts

Posted by beluga > Jun 4, 2021 2:05 PM | Report Abuse

it's a matter of time people will realised this undervalued company. with NTA of RM3.22 per share... almost like MMC... it's ripe for takeover too. Easily hit above RM2 .


Qiu Shou Akino
911 posts

Posted by Qiu Shou Akino > Jun 4, 2021 3:41 PM | Report Abuse

Dividend 2.3 cents. Ext day : 14-7-21.


SincereStock
433 posts

Posted by SincereStock > Jun 4, 2021 3:56 PM | Report Abuse

@Qiu Shou MMC announce privatize 2 days after dividend ex date. SURIA? hehe can hope


SincereStock
433 posts

Posted by SincereStock > Jun 4, 2021 3:58 PM | Report Abuse

btw today really good start, want break 1.10 already, tuesday continue rally after majority retailers sell their MMC share?


cbkia4896
522 posts

Posted by cbkia4896 > Jun 4, 2021 4:11 PM | Report Abuse

SMLJ... mmc up then this one up... HAHAHAHAHA


Nurimran87
98 posts

Posted by Nurimran87 > Jun 4, 2021 6:54 PM | Report Abuse

What is the best level to enter next Tuesday @SincereStock?


SincereStock
433 posts

Posted by SincereStock > Jun 4, 2021 9:16 PM | Report Abuse

@Nurimran87 I don't quite get your question, the best level? tough question for me, but I try to answer...

while it still not going higher I guess?

or you mean you want to catch when it goes lower? I cannot guess the lowest or low point

try to avoid chase high is better

if I still don't have any share in this company, I will buy any price when the market open tuesday morning (next trading day), but that is just if it is me. (buy at your own risk)

to be honest what I can tell you is that "I think this stock is currently undervalued"

I cannot predict the price movement, I also cannot guarantee that you can earn money investing here


SincereStock
433 posts

Posted by SincereStock > Jun 4, 2021 9:19 PM | Report Abuse

for your extra information, I am just a beginner FA investor myself, I don't have any TA skill or ever learned anything about TA or plan to learn anything about it. Maybe that's why I can't answer thing like entry point. unlike some of the other sifu here


gohku
323 posts

Posted by gohku > Jun 5, 2021 9:21 AM | Report Abuse

Agreed this stock is worth Rm 3.00 and currently it is a steal at Rm 1.07.
This suria port pays very consistent dividend every year even during recession.


tonywong8
289 posts

Posted by tonywong8 > Jun 5, 2021 9:42 AM | Report Abuse

Chartwise, yesterday, resistance line was broken, may indicate the price may go higher. Hopefully will go higher than last peak of Rm1.23


CHLEONG888
706 posts

Posted by CHLEONG888 > Jun 5, 2021 12:22 PM | Report Abuse

Yes, it is a really solid counter, will buy next Tuesday, perhaps it will surge at least 10% within 2 months


tonywong8
289 posts

Posted by tonywong8 > Jun 6, 2021 7:50 PM | Report Abuse

MMC might join venture with Sabah government to privatise Suria with Sabah Government 50.5% and MMC 49.5%. MMC's ports will be listed soon at Bursa and the join venture will benefit both parties to develop Sabah port business. Both parties will win in the deal. As a small share holders, we also want to win too. So all must be in win win situation.


tonywong8
289 posts

Posted by tonywong8 > Jun 6, 2021 9:16 PM | Report Abuse

MMC and Sabah government might used the same method as privatisation of MMC by buying all shares at Rm2.


tonywong8
289 posts

Posted by tonywong8 > Jun 7, 2021 10:51 AM | Report Abuse

Other than Penang Port, other terminals under the MMC banner include Northport (M) Bhd, Port of Tanjung Pelepas Sdn Bhd and Johor Port Bhd. There have also been attempts by MMC in the past to acquire stakes in Sabah Ports Sdn Bhd from Suria Capital Bhd and in Bintulu Port Bhd in Sarawak, but these have not been fruitful.


tonywong8
289 posts

Posted by tonywong8 > Jun 7, 2021 11:20 AM | Report Abuse

MMC has been looking to float its port operations for some time now. However, with its ports and logistics segment contributing more than 72% of revenue and more than 90% of profits before tax and zakat in FY2020, there could be issues with its listing status following a flotation of the port business. So, the privatisation of MMC is in progress now.

Suria financial position is similar to MMC where revenue and profits are majority from port operation. MMC will only interest in Suria's port operation and want to grow the port operation together with Sabah state goverbment. So, privatisation of the company is the one of the venue for them to work together, and get most of the benefit from the deal.


tonywong8
289 posts

Posted by tonywong8 > Jun 7, 2021 11:33 AM | Report Abuse

MMC will be more interested to work with Sabah ports instead of Bintulu Port. Logistic wise, Sabah ports are very good location to serve East Asia countries and will be good as transhipment port for the region. Existing management might not in the capacity to expand the operation and definately has to bring in partner to develop and grow the business.


SincereStock
433 posts

Posted by SincereStock > Jun 7, 2021 2:49 PM | Report Abuse

Bintulu port is overvalued, traded above NTA, PE 20


Nepo
1827 posts

Posted by Nepo > Jun 8, 2021 5:57 AM | Report Abuse

This stock is for long run. Buy and collect and put it in the safe like collecting jewelleries and commensurate coins.


Bgt 9963
2817 posts

Posted by Bgt 9963 > Jun 8, 2021 8:49 AM | Report Abuse

Good morning...!


SincereStock
433 posts

Posted by SincereStock > Jun 9, 2021 10:11 AM | Report Abuse

keep and wait for privatization also good, if market not appreciate it's value, like MMC


stockraider
23945 posts

Posted by stockraider > Jun 9, 2021 11:22 AM | Report Abuse

This is another privatization stock...raider heard from a well informed sources, but the sabah govt prefer keeping it public


SincereStock
433 posts

Posted by SincereStock > Jun 11, 2021 10:02 AM | Report Abuse

HARBOUR NTA only 1.12 but price chasing up with SURIA already, MMC when below RM1.20 people reluctant to buy, now offered RM2 privatization and traded at RM1.80 above

SURIA please move haha


Nepo
1827 posts

Posted by Nepo > Jun 12, 2021 8:47 AM | Report Abuse

The stock market is a device for transferring money from the impatient to the patient." -- Warren Buffett.

This stock you definitely need patience to hold it. It will reward you with a handsome gain.. patience is the key.

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