https://www.edgeprop.my/content/1910690/sunway-jointly-develop-singapore-land-mixed-use-development-worth-s66828-mil?fbclid=IwY2xjawF2LttleHRuA2FlbQIxMQABHaTDiKRCVd0z4W_ZwLnPdkcsDT7ieDjOsSFWMtwbkHjRUQOLVxWWEFXCzQ_aem_Ymru4PeAwV_w46xwkVRVJQ

Today the volcano will erupt. Give thanks to the Biden catalyst!!

https://www.thestar.com.my/business/business-news/2024/08/22/sime-darby-property-achieves-rm28554mil-net-profit-in-1h-sales-of-rm21bil

Why no trades allowed today on this counter?

Tomorrow very very Huat https://www.nst.com.my/business/corporate/2024/08/1093719/ijm-construction-bags-rm561mil-contracts-johor-penang?#m013p6p900uc101aa8vf

That's why China is so smart to not let all these commercially driven social media platforms be used in China. Kudos to their foresight!

Truly remarkably short researched of subjective opinion that is always impressive in being negative and outstandingly downgrades. Would like to see a single upgrade report of any counter. And the name of the analyst of such report, in case I am hiring one.

Sunway Bhd.'s strong earnings visibility could serve as a re-rating catalyst for the company, says RHB IB analyst Loong Kok Wen in a note. She notes that footfall at the sales gallery of its property project Sunway Iskandar has doubled from last year, with the number of foreign buyers increasing, especially during weekends. Its construction unit is experiencing robust data center-related job flows, which make up 50% of its outstanding orderbook, she says. Sunway Healthcare is aggressively expanding in preparation for a potential listing in early 2026, she adds. RHB raises Sunway's target to MYR5.00 from MYR4.00, and keeps a buy call. Shares are unchanged at MYR4.09. (yingxian.wong@wsj.com)

Saying 1M left or 2M left makes little substance. The minister should give himself and country a breakdown of the demographics. Who are these? Graduates? Race? Age? Earning potential? The stats are well known, but if successive political party just shy away from releasing the real statistics, they are paying lip service and worse, deception of the public and the future of the country. No amount of free trade zones, semiconductor program, center of (sub) excellence will help. Until some leader brave enough to discuss the real issues, this is just nonsensical fluff you can safely stay in your emigrated place.

https://www.channelnewsasia.com/singapore/johor-singapore-sez-special-economic-zone-businesses-investments-4471991?cid=internal_sharetool_iphone_12072024_cna

Kenanga has been calling downgrade since Sunway has been going up all these while. Not a single analyst TP whether up or down is accurate and yet Kenanga is the worst of call with even the wrong direction. Cant get better than Kenanga when it comes to direction.

https://www.bernama.com/en/region/news.php?id=2313359#:~:text=SINGAPORE%2C%20July%201%20(Bernama),connections%20between%20Singapore%20and%20Malaysia.

All construction stocks up

Damn strong

https://asia.nikkei.com/Business/Companies/Hitachi-eyes-Singapore-and-Malaysia-rail-markets-in-race-with-China?fbclid=IwZXh0bgNhZW0CMTEAAR1ltc74kvXCZ0XatX1-6MAbZTlpdLPxNIIfEweuxwsWmoX7wWAdmvqjE6M_aem_ZmFrZWR1bW15MTZieXRlcw

Dont worry, buy more.Date of Change Type Number of Shares
07-Jun-2024 Acquired 3,000,000
Registered Name
Yeoh Tiong Lay & Sons Holdings Sdn Bhd
Nature of Interest
Direct Interest
Nature Interest
Direct Interest
Shares
Ordinary Shares
Reason
ACQUISITION OF SHARES VIA DIRECT BUSINESS TRANSACTION

1.00 coming at 5pm

Pop pop pop

Sunway Suncon gives sunny days every day !

Cannot be caused by a analyst report today. Many other reports have TP of 3 and above for months. It’s only either they found gold or some other catalyst that is insider informed. And no other counters have gone down amid one Citi forecast of oil supply. Stay tuned for exciting developments is the real answer.

Ready, Get Set, KSL tomorrow and all super johor counters. Wall St rallies, dollar drops after cooler US inflation; Fed in the wings

Singtel in talks to build data centre in Iskandar Puteri, Johor.

Maintain BUY, TP rises to MYR2.00 from MYR1.54, 49% upside with c.2% yield. We think the market has not fully priced in the upside potential of Google’s recent announcement of its USD2bn investment in Malaysia. The tech giant’s announcement of MYR1.74bn in capex for the first Google data centre (DC) and Google Cloud region may just be the beginning. The potential impact of this on earnings may be under-estimated. Our new TP reflects the incremental value of the contribution from the Google facility, as well as the faster turnaround of Sime Darby Property’s industrial parks ahead.

Not only DC and whatever hype there is now on property counters of Johor. When the HSR eventually happens, and it will, all the property counters will leap up like crazy. So holders of KSL, keep your jewels and add to it.

KPPROP POPPED.

Go baby go

Another director bought 300000 shares at 1.22 what do you do?

Google launched its 4th data center in SG. Total investments is 6B. Google only invested 2B in Sime MY. Lots of growth potential in MY. Sime Prop is main beneficiary. Amazon AWS has three locations in KL, NSembilan. Sime is a must buy.

The following are rankings of APAC MARKETS FOR DATA CENTERS. KL + JOHOR is just behind Beijing. So Sime Darby Prop + Google, YTL + Nvidia and Microsoft in Johor we are talking BIG markets here. Mah Sing with Bain is just a small time player. Sime Prop will shoot past it's IPO price of 150 this round. Buy!

Let's see the breaking of resistance of 1.30 today. Start buying when that happens.

KPPROP building data center in Penang. Share price shot up!

Diu Mahsing haha!

When the party was over yesterday, those who left say AYE!

Big deal ! Share price to shoot through the day !

Amahsing!!!

KUALA LUMPUR: Google will invest RM9.4bil (US$2bil) to house its first Google data centre and Google Cloud region in Malaysia, which is expected to support 26,500 jobs across various sectors and have an economic impact of about RM15.04bil, said the Ministry of Investment, Trade and Industry (Miti).

The project, the technology giant's largest planned investment in Malaysia, will be located in Sime Darby Property's Elmina Business Park in Greater Kuala Lumpur.



As predicted !!!

Something is not right about this Mahsing. It's gone crazy.

Mahsing very Samseng price

Director bought at 1.29 100,000 shares and retail investors are selling..

Results are consistent quarter after quarter and yet price in doldrums

Many stocks don’t pay dividend too but share price go up. This one and KP Prop same situation. Don’t pay dividend and get hammered.

QoQ | YoY

3.77% | 4.50%

Assuming eps fy24 is 45sen, PE 6X, 2.70. PE 5 then 2.20 at the very least.

Valuation
We arrive at a new SOP-derived TP of RM4.12/share (previously RM3.29/share). This incorporates an increased P/E multiple of 20x (previously 16x) for the property development and property investment segments (excluding Sunway REIT) to reflect the upbeat property sector sentiment. We value SunCon and Sunway REIT based on our latest TPs. As for the healthcare division, we peg the valuation at a 24x EV/EBITDA (previously 20x), to account for its strong earnings growth trajectory ahead driven by expansion plans. Meanwhile, the trading & manufacturing and quarry segments are valued at 12x CY25 earnings. Maintain Buy.
The potential inclusion of Sunway as a new constituent of the FBMKLCI could serve as an added catalyst. Currently ranked 23rd by full market capitalisation, Sunway is eligible for inclusion in the benchmark index and is expected to replace the lowest-ranked constituent stock, AMMB, based on the latest market capitalisation data.

What was Dayang’s historic high anyone ?

Tomorrow action https://oilprice.com/Energy/Energy-General/Central-Banks-Grapple-With-Inflation-Threat-Amid-Oil-Price-Rally.html

Thank you KYY. You are a sage.

Very resourceful this MRCB!

Ini kalilah!

Monday and Tuesday : 1.90, 2.20
Wed: Rayakaya