Posted by troy88 > 1 month ago | Report Abuse

Already said couple months ago this one would reach RM4

Posted by Mabel > 1 month ago | Report Abuse

It's cumming...RM 4 is within reach....

Posted by edcheong > 1 month ago | Report Abuse

All construction stocks up

Posted by edcheong > 1 month ago | Report Abuse

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

Posted by goldenhope > 1 month ago | Report Abuse

SUNWAY ICPS maturity on Dec 2025, all the ICPS will converted into mother share , right ?

Posted by Vicky > 1 month ago | Report Abuse

https://www.freemalaysiatoday.com/category/highlight/2024/07/04/sunway-downgraded-despite-making-a-killing-on-johor-land-deal/

Posted by Vicky > 1 month ago | Report Abuse

Time to sell as dowgraded

Posted by edcheong > 1 month ago | Report Abuse

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.

Posted by Mabel > 1 month ago | Report Abuse

Haha life is soooo beautiful....

Meow Meow Meow

Posted by edcheong > 1 month ago | Report Abuse

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

Posted by iTelex5 > 1 month ago | Report Abuse

wei, AJInomoto is only 60.8M shares. You don't want to buy?

Posted by InvestIcon > 1 month ago | Report Abuse

Eat too much Ajinomoto is not good for health

Posted by Mabel > 1 month ago | Report Abuse

All analysts are super bullish on AI data centres stocks, utilities stocks, construction and semiconductor stocks, hence these gems will perform very well in 2024/5.

Offensive Strategy: Contractor and Real Estates company like Gamuda, Sunway, Sime Darby Property and SingTel.

Defensive Strategy: Utilities company like YTL Power, Tenaga and Infrastructure companies like SingTel, NTT and TM.

Posted by speakup > 1 month ago | Report Abuse

Welcome to Casino De Bursa! The only halal casino in Malaysia!
Bet small win small
Bet Big win Big
Ini kalilahhhhhhhh!!!! All in!

Posted by fruitcake > 1 month ago | Report Abuse

will take off later. last call

Posted by edcheong > 1 month ago | Report Abuse

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)

Posted by ChloeTai > 1 month ago | Report Abuse

10:20 pm 24 July 2024
NASDAQ Composite (^IXIC)
17,617.74
-379.61

S&P 500 (^GSPC)
5,473.89
-81.85
(-1.47%)

Dow Jones Industrial Average (^DJI)
39,951.79
-406.30
(-1.01%)

Posted by Mabel > 1 month ago | Report Abuse

A Billion in Bookings

Sunway Property, the property arm of Sunway Bhd (SUNWAY) has recorded a sum of MYR1.1 billion in bookings so far this year, contributed by 14 properties around the nation under SUNWAY’s Signature Series 2024 Campaign.

This marks the third consecutive year of booking growth for the community developer, as SUNWAY achieved MYR800 million in 2022 and soon broke the MYR1 billion point in 2023. Meanwhile, Sunway Aviana in Johor flexed a remarkable 100% take up rate in just the first two months of launch.

Moving forward, SUNWAY announced on 24 July’24 that it plans to launch its first freehold landed homes in Sunway City Iskandar Puteri Johor following this campaign’s success, according to The Star.

To Our Success !

Meow

Posted by InvestIcon > 3 weeks ago | Report Abuse

Road to RM5 begins

Posted by fruitcake > 3 weeks ago | Report Abuse

all data center play end game? looks like mahsing is 1st to go.

Posted by fruitcake > 3 weeks ago | Report Abuse

hopefully healthy profit taking🙏🙏

Posted by fruitcake > 3 weeks ago | Report Abuse

wait & see. sunway & ijm are the leaders. mahsing seems lost, looking for its way home😂

Posted by fruitcake > 3 weeks ago | Report Abuse

SUNSET? CAN HIT 4 TOMORROW? correction long overdue

Posted by JacNgu > 3 weeks ago | Report Abuse

die standing

Posted by Antifanaticracism > 3 weeks ago | Report Abuse

Nightmare every night from tonight.

Posted by fruitcake > 3 weeks ago | Report Abuse

😂😂😂

Posted by JacNgu > 3 weeks ago | Report Abuse

all data centers breached☢☢ 😂😂😂

Posted by fruitcake > 3 weeks ago | Report Abuse

believe in me🤣😁

Posted by fruitcake > 3 weeks ago | Report Abuse

all badly hurt. take time to recover now🤕🤕

Posted by fruitcake > 3 weeks ago | Report Abuse

but party still on for aeon & ame😘🤑🤑

Posted by JacNgu > 3 weeks ago | Report Abuse

sea of blood. hurt so good. hahaha

Posted by JacNgu > 3 weeks ago | Report Abuse

which one better for rebound

Posted by Antifanaticracism > 3 weeks ago | Report Abuse

All can't sleep this weekend.

Posted by Antifanaticracism > 3 weeks ago | Report Abuse

US market fall is the cause of this blood bath

Posted by speakup > 3 weeks ago | Report Abuse

Yes that is main reason. Secondary reason is PH govt duno how run country

Posted by mf > 3 weeks ago | Report Abuse

Investing.com - U.S. stock futures fell sharply Friday ahead of the release of the key nonfarm payrolls number, while tech earnings dominated sentiment. Here are some of the biggest premarket U.S. stock movers today Intel (NASDAQ:INTC) stock slumped 21% after the chipmaker suspended its dividend an...

Posted by Whiteytey > 3 weeks ago | Report Abuse

Sold all at 4.08

Posted by ChloeTai > 2 weeks ago | Report Abuse

The 1st support at 3.90 is broken. The next support is at 3.50, followed by 3.35. Today closed at 3.62.

Posted by fruitcake > 2 weeks ago | Report Abuse

everyone ok? win chicken pay cow 😁😂

Posted by Antifanaticracism > 1 week ago | Report Abuse

Run if u can. Market showing weakness. Run, run , run

Posted by Antifanaticracism > 1 week ago | Report Abuse

Sell now before u lose more. Drop going to be v steep

Posted by Antifanaticracism > 1 week ago | Report Abuse

DJ has been going up for past 3 days but majority klci shares dropped.. local funds have been buying to support the shares for the past two weeks. But klci shares became weaker and weaker. If DJ is to drop tomorrow or Monday, klci shares will steeply. Sell if u can now

Posted by Antifanaticracism > 1 week ago | Report Abuse

will drop

Posted by Antifanaticracism > 1 week ago | Report Abuse

This indicates Foreign funds are selling in large quantity

Posted by Antifanaticracism > 1 week ago | Report Abuse

Net foreign funds outflow is in the order of tens of billions

Posted by forest18 > 1 week ago | Report Abuse

I do not share that sentiment of glum, neither it is sunshine.

If you look at what the Chief Equity Strategist of Morgan Stanley said in his interview with Bloomberg, he said that the S&P 500 is range bound at the moment, asking investor to stay on the quality curve. He sees little evidence of a bear market yet, even though US economy is in the late cycle.

https://www.bloomberg.com/news/articles/2024-08-13/morgan-stanley-s-wilson-sees-few-signs-of-bear-market-in-stocks?embedded-checkout=true

Remember come September there is a very strong possibility of an interest rate cut.

Malaysia economy on the other I see is at it's early cycle, spoken to senior people in the MNC investment banks they are taking a bullish view in Malaysia's equity and currency.

Let's hope and pray what happened last Monday does not repeat itself or manifest into a financial crisis.

Posted by Antifanaticracism > 1 week ago | Report Abuse

Interest rate cut will caused capital flight out of US. Shares of US will fall because investors will sell US shares and move capital out as soon as possible before USD value drops. Shares prices of US shares will drop slowly at the beginning and gather speed latter. The drop in US shares price will affect klci for a short term.

Posted by forest18 > 1 week ago | Report Abuse

I agree with the opinion that a drastic drop in US index will effect KLCI for the short term.

But, as for the cut of interest rates in the US, I think the more likely scenario is that funds will move from fixed income etc. to equities, S&P 500 specifically. A capital flight? I doubt the Feds will lower interest rates to the extend it would jeopardise the value of the dollar, heads will roll. The interest rates cut is to simulate economic growth and full employment.

You know, what I really hope it does (this interest rate cut) is that the same fund is diverted and invested in KLCI which is under-valued and our currency is still cheap, that way all of us make a little dosh.

I maybe wrong, its economics, its about people.

Wish you well and happy!

Posted by Antifanaticracism > 1 week ago | Report Abuse

I agree that some of the funds of US will flow into klci

Posted by Mabel > 1 day ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/08/22/malaysia-shines-as-foreign-investors-return-peers-stumble?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240823&__sta=vhg.uosvpxQddhqne.jsu0sv%7CIFFUJVQ&__stm_medium=email&__stm_source=smartech

The stock benchmark KLCI has risen more than 12% this year on the back of an AI-driven data center boom, outperforming the 6% rise in the MSCI Southeast Asia index .