Posted by PaulinaYong > 2012-11-19 12:58 | Report Abuse

I wondering why this stock is OUT OF INVESTOR RADAR???
I need YOUR OPINION..

Thanks..

Posted by Hustle > 2012-11-19 13:04 | Report Abuse

If you fail to buy Wawasan bond,not bad to consider this counter.

Posted by PaulinaYong > 2012-11-19 13:21 | Report Abuse

Why you said like that?
Please explain..

Posted by Hustle > 2012-11-19 14:10 | Report Abuse

Wawasan bond anytime can sell out but for this one have to wait for perfect buyer is a bit challenging.

Posted by PaulinaYong > 2012-11-21 16:55 | Report Abuse

FRIENDS,
But from my Analytical Calculation(Technical) i found that to lift UP this stock from RM1.36 to RM1.45 it just take 3MILLION shares only..

Posted by Hustle > 2012-11-21 16:57 | Report Abuse

I believe sunshine boss will be very happy if you do that hehe

Posted by PaulinaYong > 2012-11-23 13:55 | Report Abuse

Hustle
Please wrote using simple words please.

Posted by Matsaham Mashuk > 2012-11-23 14:01 | Report Abuse

Hmm..pls avoid low volume stock.Smile--)

Posted by PaulinaYong > 2012-11-23 14:19 | Report Abuse

Matsaham...
I agree with you but please go to MALAYSIAN STOCK.BIZ and look in terms of FUNDAMENTAL ANALYSIS...
In 2004 this stock trade at RM3/Share..

Posted by Hustle > 2012-12-09 10:45 | Report Abuse

Hi Pauline in 2004 even rubbish share can hit the sky not roof top,please refer to the incident that happen that year.That's why until today still have lots of speculator that invest with imagination,still ends up with investor title that been trap until today.

Posted by tonylim > 2012-12-09 14:01 | Report Abuse

Yea, many caught by 11 consecutive days of sharp decline in index.
This time will it be repeated?

Posted by tonylim > 2012-12-09 14:02 | Report Abuse

Be forewarned traders

Posted by PaulinaYong > 2013-01-29 19:18 | Report Abuse

Dear Investor...
What you think about this stock?

Posted by ulalar > 2013-01-29 20:00 | Report Abuse

10-year EPG growth rate = -ve figure....
ROE < 10%, in fact approximately 5%

what are the competitive advantages for this Sunshine Supermarket over other retails like Giant, Tesco, Gamma, Queen Bay Mall, etc ? the competition sounds very stiff at Penang

I'll give a pass to this, sorry no offence

Posted by greatman9 > 2014-02-17 02:18 | Report Abuse

All the while super quiet, can it be the next hl cap?

Posted by neohts > 2014-02-17 10:39 | Report Abuse

Any news ?

Posted by greatman9 > 2014-02-17 12:38 | Report Abuse

news that take private @4.50

Posted by bintang21 > 2014-02-17 12:38 | Report Abuse

By PublicInvest Research

Not rated

Target price: RM4.78



Suiwah Corp Bhd’s current market capitalisation of RM120.4mil has only factored in the value of its retail business, manufacturing division, Sunshine Square property and net cash, said PublicInvest Research.

It added that investors have overlooked Suiwah’s valuable landbank as well as its newly-opened shopping mall in Bertam, Seberang Prai, which is fully tenanted.

Based on PublicInvest’s sum-of-parts (SOP) valuation, Suiwah could be worth at least RM274mil or RM4.78 per share.

Suiwah has its origins as the first neighbourhood general merchant in Air Itam, Penang in 1961. It runs its retail business under the ‘Sunshine’ brand, a household name in Penang.

Although the Sunshine brand is a household name in Penang, the retail business is a thin-margin business. PublicInvest believes Suiwah’s management is diversifying and complementing its retail business by taking pro-active steps to unlock the development potential of its valuable landbank. Going forward, property rental income is expected to diversify and improve the group’s earning base.

Posted by youknowiknowweknow > 2014-02-18 09:02 | Report Abuse

Any new news on this counter?

Posted by traderman > 2014-02-18 09:34 | Report Abuse

refer above post

Posted by DreamHunter > 2014-02-18 10:01 | Report Abuse

The large TP ... that's the most interesting bit ...

Posted by youknowiknowweknow > 2014-02-18 10:13 | Report Abuse

Suiwah Corporation‟s (Suiwah) current market capitalisation of RM120.4m has only factored in the value of its retail business (operated under the Sunshine brand), manufacturing division, Sunshine Square property and net cash. Investors have overlooked Suiwah‟s valuable landbank (for example, its 9-acre prime commercial land in Bandar Baru Air Itam, Penang Island) as well as its newly-opened shopping mall in Bertam, Seberang Prai, which is fully tenanted. The group has a healthy balance sheet (net cash/S-T investment of RM33.4m or RM0.58/share). Based on our SOP valuation, we see deep underlying value in the company as it could be worth at least RM274m or RM4.78 per share.

Background of the company. Suiwah has its origins as the first neighbourhood general merchant in Air Itam, Penang in 1961. It runs its retail business under the „Sunshine brand which is a household name in Penang. The group was listed on the Second Board of Bursa Malaysia in 1995 and transferred to the Main Board in 2005. The group has three key divisions: (i) retail; (ii) manufacturing; and (ii) property investment & development. Under its retail operation, Suiwah operates departmental stores and supermarkets such as Sunshine Square, Sunshine Lip Sin, Sunshine Farlim Shopping Mall and Sunshine Bertam Shopping Mall as well as convenience stores within MNCs factories (e.g. ASE Electronics and Agilent). Under its manufacturing segment, Suiwah has diversified into flexible printed circuit board manufacturing under its subsidiary, the Qdos group. In recent years, Suiwah has moved into property development/investment to realise the potential of its landbank as well as to complement its retailing business.

Overlooked development land and shopping mall. Suiwah owns a number of landbank and properties (see list of properties in figure 7), including 9 acres of prime commercial land in Bandar Baru Air Itam, Penang Island. We understand from various sources that the 9-acre plot will be developed into a mixed development project with two blocks of serviced apartments and SOHOs (estimated GDV of around RM300m) and one retail podium with net lettable area (NLA) of 900,000 sq ft. The development project is situated in the established Air Itam area (also known as Farlim) and construction is expected to commence this year. Besides the Air Itam land, Suiwah also owns various properties such as the newly-opened Sunshine Bertam Shopping Mall and a piece of 11.5-acre freehold land in Jawi, Seberang Prai.

Consistent dividend payout and healthy balance sheet. Suiwah has consistently been paying 8 sen per annum (yield of 3.8%) for the last seven years. Besides that, the company‟s balance sheet and operating cash flows are healthy and solid. Its net cash position currently stands at RM33.4m (including S-T investments) with positive net operating cash flow of around RM25m-RM40m for the last three years.


this is what i saw in the highlights section.
is there any news on their subsidiaries company (Hozone sdn. bhd. & Daunpuri Sdn. Bhd.)???

Posted by traderman > 2014-02-18 11:20 | Report Abuse

not really exciting

Posted by traderman > 2014-02-18 17:33 | Report Abuse

greatman2 dont create fake news. if take over 4.5 you still can see today below 2.5 ?

Posted by greatman9 > 2014-02-18 19:49 | Report Abuse

I m not creating fake news, I just share what I heard, let wait n see

Posted by traderman > 2014-02-18 22:28 | Report Abuse

Then did you buy with such "great news"?

Posted by kk123 > 2014-02-18 22:31 | Report Abuse

It's a boring company

Posted by greatman9 > 2014-02-18 22:33 | Report Abuse

Yes, i bought in @2.08 n 2.10

Posted by chinesetea > 2014-02-19 02:07 | Report Abuse

I like boring company. You can only buy undervalue stock at cheap price when it is boring and when not many people and research house notice this. Takaful started like this. Let's check this in few months time.

Price closed at 2.46.

Posted by calvintaneng > 2014-02-19 08:03 | Report Abuse

Chinesetea,

Exactly, the only way to make good money is to buy undervalued counters that the Market overlooked - hold it for years & even decades until VALUE EMERGE SOMEDAY.

Suiwah & Pintaras Jaya were both at RM1.40 which I bought about the same time. Pintaras has been a high flyer while Suiwah remained boring with 6 cts dividend yearly. At last SUIWAH is coming to life & patience is rewarded.

Another 3 boring counters you should consider are OPCOM, DUTALAND & MUI BERHAD.

Posted by chinesetea > 2014-02-20 18:03 | Report Abuse

Thanks Calvin.

Posted by DreamHunter > 2014-02-24 08:48 | Report Abuse

Lots of wisdom in what you two say, dudes. Will keep them in mind ...

Posted by Hazir Ozy > 2014-03-06 23:26 | Report Abuse

Any news. Why keep drop

Posted by ricky > 2014-03-24 12:09 | Report Abuse

Calvintaneng, the Mui berhad , you means is Mui corporation Or Mui property? They still loss money. Why can consider that company? Tq

Posted by greatman9 > 2014-03-27 12:57 | Report Abuse

let see how far it go

Posted by johnny cash > 2014-03-28 13:29 | Report Abuse

Suiwah Corp (SW MK) ------------dated 28//03//14


Technical BUY with +23.4% potential return
Last price : RM2.64
Target Price : RM2.99, RM3.19
Support : RM2.45
Stop-loss: RM2.39
BUY with a target price of RM3.19 with stop
loss at below RM2.39. Following the gap up on
14 Feb 14, SW’s share price struggled to move
past RM2.54 despite making the attempt twice.
Share price has consolidated along the
tightening range in the form of “ascending
triangle” while yesterday’s strong gain along
with a higher trading volume of 1.1m shares
(vs 20-day average of 0.1m) suggest a genuine
breakout. Given a bullish crossover in both
Stochastic and DMI, we envisaged an upward
continuation of the previous uptrend, and thus
peg our upside target at 1.61x Fibonacci
extension level of RM3.19 over the medium
term. Conservative investors may try to
accumulate at the lower RM2.50-2.64 region
on “return move’ expectation which would
reduce the overall risk.

Posted by tjhldg > 2014-03-29 00:34 | Report Abuse

cheers ... coming soon ... huat aarrrrrrrr

Posted by MrGala > 2014-03-31 22:39 | Report Abuse

Issit the begining of uptrend? sorry for asking, still on the beginning of learning curve. thx

Posted by SJSOON > 2014-04-02 22:30 | Report Abuse

A boring business, a profiting business. Never ever underestimate the profitability of this company.

Posted by tjhldg > 2014-04-04 02:22 | Report Abuse

huat aarrrrrrrrrrrrrrrrrrrrrrrrrrrrr

Posted by tjhldg > 2014-04-07 02:38 | Report Abuse

wanna bbq 30 % aeh sai bo

Posted by angangang > 2014-04-16 14:41 | Report Abuse

up liao

Posted by gangnam > 2014-04-16 16:55 | Report Abuse

up..up & away! really flying liao...:)

Posted by chin888 > 2014-04-17 10:36 | Report Abuse

worth to buy in at Rm2.9?

Posted by tjhldg > 2014-04-20 19:39 | Report Abuse

kikikikiii ... not gigi besar anymore ... cheerssssss .. huat aarrrrrrrrrrr

Posted by tjhldg > 2014-04-22 01:21 | Report Abuse

huat huat huat ... 3.20 3.20 3.20

Posted by 林俊松 > 2014-04-25 12:28 | Report Abuse

Suiwah, Suiwah, up sui, sui~

Posted by stkoay > 2014-04-25 12:55 | Report Abuse

Due to its small paid up of 61M shares, when push, the price will fly sky high........................................................................

Posted by windz1984 > 2014-04-25 12:57 | Report Abuse

Something is cooking?

Posted by stkoay > 2014-04-25 13:24 | Report Abuse

TP RM4.50 - RM5.00.
Believe - BUY!
Don't believe - Just watch!