Posted by ExLaSalle84 > 2015-07-04 12:07 | Report Abuse

HLIB - fair value RM 1.25

Posted by ExLaSalle84 > 2015-07-04 12:07 | Report Abuse

TA - fair value. RM 1.36

Posted by 8wpwtmt8 > 2015-07-25 18:39 | Report Abuse

KUALA LUMPUR (July 7): MIDF Research has initiated coverage on Sunway Construction Group Berhad (SCGB) at its initial public offering price of RM1.20 with a “Buy” rating and target price of RM1.38.

In a note today, the research house said SCGB was the largest pure-play integrated construction services provider offering end-to-end total construction solutions.

“We expect SCGB to clinch contracts in the upcoming major infrastructure projects such as MRT2, LRT3, and BRT given its successful track record.

“Order book prospect is good with support from Sunway Berhad ( Financial Dashboard), government infrastructure spending and residential housing development in Singapore.

“Initiate coverage with a Buy recommendation and target price of RM1.38,” it said.

SCGB is slated to list on the Main Market of Bursa Malaysia on July 28.

Posted by LaoLiu > 2015-07-27 18:02 | Report Abuse

Tomorrow, Sunway Construction Group Berhad (SUNCON) will in action.

Posted by LaoLiu > 2015-07-27 18:11 | Report Abuse

ETALING JAYA: Sunway Construction Group Bhd (SCG)’s shares for its institutional offering have been oversubscribed by 4.6 times at the RM1.20 per offer for sale share.

The institutional offering involved up to 327.6 million shares. Slightly about 41.5% of the shares were allocated to bumiputra investors approved by the International Trade and Industry Ministry while 58.56% were placed out to local and foreign institutional and selected investors

SCG said in a filing with the stock exchange that 189.23 million shares that were opened to the Malaysian public were oversubscribed by 2.66 times.

SCG is slated for listing on Bursa’s Main Market on July 28. The construction arm of conglomerate Sunway Bhd aims to raise about RM478.4mil through its initial public offering..

The company is making a comeback to Bursa after an 11-year hiatus and will be the second biggest stock offering this year behind Malakoff Corp Bhd.

SCG is involved in building and civil/infrastructure construction services.

Its projects include the Sunway Pyramid shopping mall, Kelana Jaya Light Rail Transit line extension, SILK Highway, Pinewood Iskandar Malaysia Studios and Legoland Malaysia theme park.

Posted by popcorn > 2015-07-27 18:14 | Report Abuse

today many ppl invest in Ikhmas d~
tmr investor may not have enough budget for this IPO?
some more this IPO priced higher~
what do you think?

Posted by Asia88 > 2015-07-27 20:53 | Report Abuse

Anyone buying this tomorrow?

Posted by 8wpwtmt8 > 2015-07-27 22:50 | Report Abuse

I will try 1.28 10 lots.

Posted by LaoLiu > 2015-07-27 23:01 | Report Abuse

Same here, 10 lots 1.280.

Posted by popcorn > 2015-07-27 23:03 | Report Abuse

LaoLiu, we can start enter buy queue now?

Posted by damagpie > 2015-07-27 23:04 | Report Abuse

Enter after stabilising agent finish kacau.

Posted by LaoLiu > 2015-07-27 23:08 | Report Abuse

popcorn,see tmr opening 1st.. 1.280, just estimate.

Posted by damagpie > 2015-07-27 23:16 | Report Abuse

Open high and terjun.

Posted by Mohd Fahmi Bin Jaes > 2015-07-27 23:22 | Report Abuse

Target open 1.25

Posted by popcorn > 2015-07-27 23:44 | Report Abuse

LauLiu, what I mean is you already know the counter code number and counter name? I only see the IPO counter when it appear in highest volume stock list... by that time, the stock already goreng few ticks... how they can enter buy queue so fast?

Posted by timbermad > 2015-07-28 01:33 | Report Abuse

buying also some lots. bullet alreaady stuck in Ikhmas

Posted by macintouch > 2015-07-28 09:16 | Report Abuse

sell off!!

Posted by Mings Ooi > 2015-07-28 11:15 | Report Abuse

Up and down