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6 comment(s). Last comment by fast 2016-02-18 08:25

JT Yeo

1,637 posts

Posted by JT Yeo > 2016-02-07 21:53 | Report Abuse

A thing about the Sunway FCF. Large portion of capital expenditure for property companies doesn't come from acquiring property, plant & equipment but comes from buying lands. A manufacturing buy more machines to produce more products; a property needs to constantly buy more lands to sell more house (products).

Therefore the FCF is normally 'overstated' as it doesnt include money spent acquiring lands for development purposes.

ganasai

1,671 posts

Posted by ganasai > 2016-02-08 10:59 | Report Abuse

good, but share price already high.

Beza

1,847 posts

Posted by Beza > 2016-02-16 17:05 | Report Abuse

Bought at 2.92 with 10000 units. Bangi project seen very popular (95%).

fast

2,704 posts

Posted by fast > 2016-02-17 09:08 | Report Abuse

Beza, I wouldn't randomly recommend Sunway as like others.

Posted by shortinvestor77 > 2016-02-17 21:39 | Report Abuse

What did you mean, fast?

fast

2,704 posts

Posted by fast > 2016-02-18 08:25 | Report Abuse

shortinvestor77: I meant Sunway is a good company, and I seriously recommend it.

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