Hows the Q3?

wasting time..SELL and change to other counters are much worth

ex-date for 2 cent dividend in Dec. long time to go. may be because of it, the conter does not push up a lot which is stuck @ 40sen

This conter moves likes a turtle..better use our capital for better movement counters..

OVERBOUGHT sudah.

CI down below 1700..secure your capital

keep growing http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=D&securityCode=7803

ok thanks..is it the cornerstone have some compulsory period of time to hold this share??

ExLaSalle84..where do you got info about the 6 cornerstone investors??could you share the link??

Change in Director Interest (201506173700217)
Company Name DIGISTAR CORPORATION BHD
Stock Code / Short Name 0029 / DIGISTA
Date & Time Announce 17/06/2015 5:58:15 PM
Subject Changes in Director's Interest (S135) - LEE WAH CHONG


Content
Person's Particulars
Name : LEE WAH CHONG
Address : No. 28, Jalan Satu Taman Tun Abdul Razak 68000 Ampang Selangor Malaysia
NRIC/Passport No/Company No. : 580709045219
Nationality/Country of Incorporation : Malaysia
Descriptions(Class & nominal value) : Ordinary Shares of RM0.10 each


Details
Date of Change No of shares Price Transacted(RM) Transaction type
12/06/2015 885,100.000 0.205 Acquired
15/06/2015 803,600.000 0.205 Acquired

Circumstances by reason of which change has occured
Acquisition of Shares

Nature of interest : Direct
Direct (units) : 40,603,749
Direct (%) : 8.905%

Indirect/deemed interest(units) : 70,871,731
Indirect/deemed interest(%) : 15.542%

Total no of shares after change : 0
Date of notice : 17/06/2015

Malaysia's Sunway Construction to set tight bookbuilding range in $133 mln IPO -sources
KUALA LUMPUR, JUNE 23
Malaysia's Sunway Construction Group Bhd IPO-SCOG.KL is likely to set a tight price range for its initial public offering (IPO) bookbuilding process, two people with knowledge of the matter said, due to strong demand from domestic investors.

The top end of the range will value the IPO at 498 million ringgit ($133.35 million). The people declined to be named because they are not authorised to speak to the media.

The company, part of Malaysian construction-to-property conglomerate Sunway Bhd, is likely to set an indicative range of around 1.15 ringgit to 1.20 ringgit per share, and start taking orders on June 29, the people said.

The bottom end of the range has not yet been finalised, they said.

Officials at Sunway were not immediately available to comment.

RHB is the IPO's principal adviser. RHB and Maybank are joint global coordinators, joint bookrunners and joint underwriters, a draft prospectus showed.

HSBC and Standard Chartered are also joint bookrunners, the draft showed. ($1 = 3.7345 ringgit) (Reporting by Yantoultra Ngui; Editing by Christopher Cushing)

http://www.reuters.com/article/2015/06/23/sunway-ipo-idUSL3N0Z91Z020150623

old news

It is a good news or bad news for Sun Con Ipo?

Sunway Bhd’s shareholders will receive special cash dividend of between 22.0 sen to 25.0 sen and a 1-for-10 distribution-in-specie of free soon-to-be-listed Sunway Construction Group Bhd’s (SCG) shares, according to a circular issued by Sunway to its shareholders recently.

Based on the illustration provided in the Group’s circular to its shareholders, MIDF Research envisaged the retail initial public offering (IPO) price of SGC to be RM1.10/share. According to the circular which also contains notice of extraordinary general meeting on April 20, Sunway proposes to distribute at least 156 million shares of 20 sen each to its entitled shareholders.

“The final retail share price will be determined later and be subjected to agreement between directors of SCG, shareholders disposing their shares and the joint global coordinators,” MIDF Research pointed out. “Upon completion of the corporate exercise, SCG will have 1.293 billion shares listed on Bursa Malaysia. Assuming the IPO Price of RM1.10, SCG’s market cap will be RM1.42 billion.”

Aside from the 156 million shares sets aside for Sunway’s shareholders, the remaining 415.3 million shares will be offered for sale to institutional and selected/Bumiputera investors (344.2 million) as well as eligible directors, employees and the Malaysian public (71.1 million), according to the Sunway’s circular.

MIDF Research said it is positive on the IPO price of RM1.10 as it is valuing SCG at historical PE (price-to-earnings ratio) of 12.4x, which is slightly higher than the current Sunway’s HPE of 12.0x.

The 12.4x HPE is close to mid-cap construction companies historical PE of 12.9x, according to the research house. Post corporate exercise, Sunway’s stake in SCG will be reduced to 51.0%.

“We are positive on the exercise as it will allow Sunway’s shareholders to receive dividends in range from 22.0 sen to 25.0 sen (indicative),” projected MIDF Research. “The exercise will also allow Sunway’s shareholders to partially monetize the value of its construction arm while continuing to benefit from prospects of the strong earnings of its construction business.”

MIDF Research has adjusted upward Sunway’s target price to RM3.97 from RM3.72 previously by taking into account the minimum dividend of 22 sen and the 0.1 shares in SCG worth 11 sen. Additionally, the revised target price also included a lower post-SCG IPO share price for Sunway (after the ex-date for the entitlement of dividend and distribution in-specie) of RM3.64.

“Our rating has also been revised to TRADING BUY (from BUY) as the announced amount of special cash dividend and the illustrative IPO price for SCGs appear to be attractive to investors,” added MIDF Research.

At market close today, Sunway was down 4 sen to RM3.74 with 874,800 shares traded.

sun con tu brp harga indikatif nya?

US market green, asian green,..klci green..good sign

already down at 61.8 fibo for a few days..hari ni rebound dulu..

rebound..Alhamdulillah

hehe

lower PE compared to other counter in the same sector..

bloody red market..

The article in The Sun today is refers.

The Board of Directors would like to clarify that the figures quoted in the news are internal targets and preliminary which subject to change.

internal target

Good closing price today

good game..more wave will be coming..time will tell us

rebounce.

Thank you Up-Down for giving the facts about this counter. Factual comparison.Only the time will realize the value of this co.
Doji has been appeared. TP1 0.355

esl-22, normally, most of stocks will be rebounded after did correction up to 38.2% fibo line.

38.2% correction already..see what will be happened in the next trading day

good jack123

do not know who are pushing..but the fact tells us that solutn is a potential counter..buy before late

yes..that is the way to trade..dont be a conman

today must close above 0.335.then it will fly higher

KASTAM DIRAJA MALAYSIA is one of the PRIVA's client

on the move

i just play the mum.

kasi break 0.235..then 0.25

Conman pun conman la...hari ni dh senyum dh...semalam beli hari ni kaut sikit..yup gorengn ..profit increase 105% ..beli dipucuk mmg la ConMan

stay tuned..the game will be started in the corner

Gap up today..

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=S&securityCode=0029

huge profit...gorengN TODAY

BUY..STRONG FA..

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=S&securityCode=0093

double up revenue of Q1 2015 compared to Q1 2014...triple up nett profit of Q1 2015 compared to Q1 2014..PE only about 13x..now theme is technology counter...stay tuned

terbaik

get ready...

Iris secured a few project in the last months..hope this coming Quarter will be HUAT..detail can be referred at IRIS website..http://www.iris.com.my/media.html

what's wrong with counter??is it corruption likes ICON??Maybe Ahsoo can share the info from bursa

http://zamsaham.com/saham/pengumuman-penting-kepada-pelabur-saham-iris/

MULTIPLE PROPOSALS
DAYA MATERIALS BERHAD (DMB OR COMPANY) (I) PROPOSED ACQUISITION OF SIEM DAYA
1(II) PROPOSED ACQUISITION OF SIEM DAYA 2(III) PROPOSED PLACEMENT(IV) PROPOSED
RIGHTS ISSUE(V) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL

Crude Oil dh cecah $66