Highlights
Social Forum >> Forum Thread
Last Price Today's Change   Day's Range   Trading Volume
1.42   +0.01 (0.71%)  1.41 - 1.43  2,484,200
3,395 comment(s). Last comment by darkangell at Dec 3, 2020 11:32 PM
Like
 8 people like this.
 
 Post Reply   Back  
Page < 59 60 61 62 63 64 65 66 67 68

Red Dragon
21 posts

Posted by Red Dragon > Nov 21, 2020 4:05 PM | Report Abuse

although haven't displayed, what happen if we just pay, will it be successful?


invest icon
492 posts

Posted by invest icon > Nov 21, 2020 9:41 PM | Report Abuse

Red Dragon, if you are able to see Sunway in Tiih. Then you can apply what you had bought from open market. Those PR bought in open market will only appears in tiih online on 23/11/20 but allows to apply early if you want.


Denise
3 posts

Posted by Denise > Nov 23, 2020 8:58 AM | Report Abuse

Reply from Tricor:
Please be informed that if you are a renouncee who have purchased the Rights Shares from the open market, you are only able to subscribe via TIIH Online for the Rights Issue after 23 November 2020, 5.00pm.


serendipity89
32 posts

Posted by serendipity89 > Nov 23, 2020 5:03 PM | Report Abuse

Mine appear in tiih d


Jian Bin Siew
223 posts

Posted by Jian Bin Siew > Nov 24, 2020 7:32 AM | Report Abuse

https://www.facebook.com/106802820776934/posts/230808981709650/
How to apply Preference Share.


serendipity89
32 posts

Posted by serendipity89 > Nov 27, 2020 6:54 PM | Report Abuse

aiks. bad quarter


memorylane
210 posts

Posted by memorylane > Nov 27, 2020 7:09 PM | Report Abuse

reverse from previous quarter lost to profit this quarter... the worse period is behind now... because china project profit will be recognized next quarter...


invest icon
492 posts

Posted by invest icon > Nov 27, 2020 7:11 PM | Report Abuse

40m from Sale of Pinnacle will also recognise in Q4


serendipity89
32 posts

Posted by serendipity89 > Nov 27, 2020 7:33 PM | Report Abuse

any news on their helathcare private placement? it was once a hot topic, suddenly no news at all. supposed to have conclusion by Dec d.
https://www.thestar.com.my/business/business-news/2020/09/04/sunway-picks-maybank-to-help-rm1bil-healthcare-unit-stake-sale


trader808
29 posts

Posted by trader808 > Nov 27, 2020 8:18 PM | Report Abuse

Considering the current operating envieonment in the midst of covid 19 , i think the result is considered good. It will sustain the share peice. Otherwise, downwards pressure is limited.


martinbartesque
1482 posts

Posted by martinbartesque > Nov 27, 2020 8:47 PM | Report Abuse

I think the coming catalyst will be:

1) Disposal of Sunway Pinacle for RM450mil
2) Development profits on Singapore & China projects will be recognised upon completion and handover of the projects in the forth quarter of 2020
3) 20% - 25% stake sale of healthcare unit estimated RM1.03b

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=212409&name=EA_FR_ATTACHMENTS

Disclamer.


serendipity89
32 posts

Posted by serendipity89 > Nov 27, 2020 9:22 PM | Report Abuse

but all these will be only one off boost to the revenue and profit. it is not sustainable tho..... anyhow, hope for the best when the preference shares are listed on 8th Dec. ^^


invest icon
492 posts

Posted by invest icon > Nov 27, 2020 9:25 PM | Report Abuse

@serendipity89 If Sunway had appointed Maybank as Merchant Banker for the sale of SMC deal. I guess it must be at final stage pending Due Diligence. A normal corporate Due diligence may take 3 months or more. Hopefully we can hear good news next month. USD250m for 20%-25% means PE 60 for SMC.


Fabien "The Efficient Capital Allocater"
1554 posts

Posted by Fabien "The Efficient Capital Allocater" > Nov 27, 2020 9:27 PM | Report Abuse

The divestment of 20-25% stake in the healthcare will unlock the valuation of its healthcare unit which in turn boasts Sunway overall sum of parts valuation. Currently, it is a hidden gem embedded in the parent structure.


martinbartesque
1482 posts

Posted by martinbartesque > Nov 29, 2020 9:05 PM | Report Abuse

Expecting big surprise for this Sunway.......


trader808
29 posts

Posted by trader808 > Nov 30, 2020 8:48 AM | Report Abuse

why?


memorylane
210 posts

Posted by memorylane > Nov 30, 2020 1:13 PM | Report Abuse

congrats those who have subscribed the sunway preference share... now sunway mother share is worth RM1.40.... instant 40% gain upon listing on 8 Dec... hopefully sunway mother share continue to go north...


invest icon
492 posts

Posted by invest icon > Nov 30, 2020 4:46 PM | Report Abuse

Q4 book in 40m profit from disposal of Pinnacle + 160m from Shanghai & Spore Properties hand over. Q4 results will be definitely outstanding. Price will surely continues to head North..


trader808
29 posts

Posted by trader808 > Nov 30, 2020 5:44 PM | Report Abuse

excellent


invest icon
492 posts

Posted by invest icon > Nov 30, 2020 11:57 PM | Report Abuse

https://klse.i3investor.com/blogs/hleresearch/2020-11-30-story-h1537327688-Sunway_Going_strong.jsp


junetan11
31 posts

Posted by junetan11 > Dec 1, 2020 1:20 PM | Report Abuse

ask ask, for the right issue, when will add back to our account?


ali baba
238 posts

Posted by ali baba > Dec 1, 2020 1:39 PM | Report Abuse

Q3 net profit was at 146mil.
Q4 profit from 40mil (Pinnacle) + 160mil (Sunway Gardens, Tianjin and Rivercove Residence)
This alone already profit 200mil, larger than Q3 profit without including other properties, constructions, quarry, medical and trading.


invest icon
492 posts

Posted by invest icon > Dec 1, 2020 3:01 PM | Report Abuse

@junetan11 ICPS will be in on 8/12


samo50sg
121 posts

Posted by samo50sg > Dec 1, 2020 4:18 PM | Report Abuse

Pay rm1. Sell 90cents?


serendipity89
32 posts

Posted by serendipity89 > Dec 1, 2020 6:19 PM | Report Abuse

Hmmm....Looking at it. The ICPS add 30% more shares to the total shares. So, if by 8th Dec share price got diluted by 30%. So 1.40 x 0.7 = 0.98?? Is the listing price of ICPS?


Noni
205 posts

Posted by Noni > Dec 1, 2020 6:43 PM | Report Abuse

How you figure it was diluted 30%?


serendipity89
32 posts

Posted by serendipity89 > Dec 1, 2020 7:22 PM | Report Abuse

The number of icps issued is roughly 30% of existing sunway shares available in the market. All these shares will eventually become sunway shares without further capital injection. So the value diluted by 30%?

Not sure can actually calculate like that or not. But thats roughly how I calculate la


Noni
205 posts

Posted by Noni > Dec 1, 2020 8:10 PM | Report Abuse

I mean, 1 for every 5. It looks like 20% not 30%


serendipity89
32 posts

Posted by serendipity89 > Dec 1, 2020 8:18 PM | Report Abuse

oh yaya... true. 20% sorry. hmmm... so is 1.42 x 0.8 = 1.14? listing day price?


invest icon
492 posts

Posted by invest icon > Dec 1, 2020 11:28 PM | Report Abuse

@serendipity, Don’t worry, Sunway ICPS only allows to convert in 2024 Dec onwards. Preference share will not dilute the earning per share before it convert to ordinary share.


invest icon
492 posts

Posted by invest icon > Dec 1, 2020 11:30 PM | Report Abuse

Other than 5.25 cents dividend per annum. ICPS does not entitle for any other dividend , bonus or right


Noni
205 posts

Posted by Noni > Dec 2, 2020 1:08 AM | Report Abuse

There is not 5.25 cents dividend. Implied only. If company declare, not fixed or a must give.
I checked again.


AlfI3
733 posts

Posted by AlfI3 > Dec 2, 2020 7:15 AM | Report Abuse

Previous track rekods showed Sunway rather committed in paying out dividends, hope it applies to ICPS soon


yesAH
7 posts

Posted by yesAH > Dec 2, 2020 8:25 AM | Report Abuse

Preference shares, more commonly referred to as preferred stock, are shares of a company’s stock with dividends that are paid out to shareholders before common stock dividends are issued.

If the company enters bankruptcy, preferred stockholders are entitled to be paid from company assets before common stockholders.

Most preference shares have a fixed dividend, while common stocks generally do not. Preferred stock shareholders also typically do not hold any voting rights, but common shareholders usually do.


invest icon
492 posts

Posted by invest icon > Dec 2, 2020 10:53 AM | Report Abuse

Even though Dividend for ICPS is subject to board approval. But, looking at huge retained Profit and high rating of Sunway Financial status. If Sunway ever default the promises or delay paying out dividend. Their rating will be affected and their future fund raising will face high cost. So, there is no reasons at all why with such a strong Cash and Equivalent reserve company wants to do the unnecessary default. So, I view the 5.25 cents is a fix dividend. Mainly, Sunway Management can be fully trusted


invest icon
492 posts

Posted by invest icon > Dec 2, 2020 10:54 AM | Report Abuse

@Noni, ICPS 5.25% dividend is fix


CHHu
54 posts

Posted by CHHu > Dec 2, 2020 5:29 PM | Report Abuse

On behalf of the Board, RHB Investment Bank wishes to announce that as at the close of acceptances, excess applications and payments for the Rights Issue of ICPS at 5.00 p.m. on 26 November 2020, Sunway had received valid acceptances and Excess ICPS Applications for a total of 984,213,277 ICPS. This represents an over subscription of approximately 0.66% over the total number of ICPS available under the Rights Issue of ICPS.


invest icon
492 posts

Posted by invest icon > Dec 2, 2020 9:40 PM | Report Abuse

Good news for those applied ICPS


Jian Bin Siew
223 posts

Posted by Jian Bin Siew > Dec 3, 2020 10:00 AM | Report Abuse

85 to 90 sens when you pay RM1 plus the OR price? Are you kidding. If below RM1, I will use all the cash I have to buy.


GI_GOD
28 posts

Posted by GI_GOD > Dec 3, 2020 11:46 AM | Report Abuse

If below RM1, you should be buying all of them, as much as you could..


ali baba
238 posts

Posted by ali baba > Dec 3, 2020 1:41 PM | Report Abuse

I will join the queue too if its below RM1.
Lets say it is RM0.9, the div yield is 5.8% and if RM0.80, the div yield is 6.6%.
Is that correct?


Chin TS
15 posts

Posted by Chin TS > Dec 3, 2020 3:49 PM | Report Abuse

i dun think there will be any1 selling the ICPS below Rm1...the price of ICPS will only drop below Rm1 if ppl view that 4 - 5 years later Sunway mother share will trade below Rm1


Jian Bin Siew
223 posts

Posted by Jian Bin Siew > Dec 3, 2020 4:43 PM | Report Abuse

We just wait and see. Liquidity is low for sunway PA? 1 billions share in the market, if the spread has 20 sen difference, I think that is a huge bargain already. So, 1.20 is too cheap already. Let us see.


invest icon
492 posts

Posted by invest icon > Dec 3, 2020 9:59 PM | Report Abuse

@ali baba I will join the queue too if its below RM1.
Lets say it is RM0.9, the div yield is 5.8% and if RM0.80, the div yield is 6.6%.
Is that correct?

Above is just the expected dividend. Besides dividend, the ICPS will fully converting to Sunway share without additional cost after 4th anniversary and 5th anniversary.That means, the will be additional appreciation of value. Let assume Sunway remain 1.42 after 5 years, then appreciation of ICPS after converting is 0.42. The total return will be 26.25 + 42 cents in 5 years or 13.65% per annum if the reference price of ICPS is RM1. So, is a no brained buy if the ICPS less than RM1


darkangell
268 posts

Posted by darkangell > Dec 3, 2020 11:32 PM | Report Abuse

Hahaha, see which sohai no brain

 Post Reply   Back  
Page < 59 60 61 62 63 64 65 66 67 68
APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View candlestick stock charts with Technical indicators
MQ Affiliate
Be rewarded by being an MQ Affiliate
 
 

793  394  531  415 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 YONGTAI 0.295+0.125 
 SAPNRG 0.12+0.005 
 BINTAI 1.14+0.295 
 TOPBLDS 0.13+0.045 
 KANGER 0.175+0.005 
 ARMADA 0.355+0.035 
 KNM 0.21+0.005 
 TRIVE 0.0150.00 
 AT 0.185-0.01 
 AGES 0.145+0.02 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS