Posted by gforce2 > 2015-06-30 20:11 | Report Abuse

Here's my two cents on the matter. If you feel that RM1.20 is too high, then don't buy SunCon. Buy Sunway instead, since the proceeds (~22-28 sen/share) from the SunCon IPO is expected to be distributed out to shareholders as a special dividend.
As for Tropicana, yes they are looking at some RM630m+ cash from asset disposals, but it is most likely they will use the bulk of it to reduce their massive bank borrowings, rather than paying a special dividend. That being said, you're still paying ~RM1 for a RM2 NAV company.
Most of the major property developers seem to be getting their cash flows in order, in anticipation of the inevitable recession. As investors, we should as well.

Posted by cckkpr > 2015-07-01 11:14 | Report Abuse

Sunway earnings will remain muted over the next few quarters. They are mitigating risk by allowing Daiwa to lead one of their property projects in JB.

Posted by Tigerbeer > 2015-07-07 16:57 | Report Abuse

wow.. sudden steep drop!! is it because of suncon listing? or related to the big hoo haa regarding our PM?

Posted by Ali Baba > 2015-07-25 12:03 | Report Abuse

迈向17亿目标
双威下半年推15亿项目
双威上半年销量为5亿令吉，离全年17亿令吉的目标有段距离，接下来将观察市况，在下半年斟酌推介发展总值共15亿令吉的6个项目。
双威产业发展部董事经理谢燕蒂指出，在观察上半年的市况后，公司因此未推出新项目，销量表现因而较失色。
“产业领域在上半年蒙受打房政策、消费税和市场情绪低迷的打压，尽管消费税的冲击已逐步减轻，不过营运环境仍充满不确定因素，所以我们还是抱持谨慎和观望态度。”
她补充道，公司正朝着全年17亿令吉销量的目标前进，相信可通过周详的产业规划理念，支撑销量表现。
“根据我们往年纪录，上半年销量通常会比较疲弱，因为推出的项目较少，但下半年相信可交出更亮眼的成绩。”
所以，双威放眼在下半年推介6个产业项目，发展总值共15亿令吉，不过，真正的推介时机，最终还须视乎营运环境和市场氛围而定。
“预期新项目可提振销量表现，我们目前将维持17亿令吉销量目标，并在未来1至2个月观察市况，届时再检讨这个目标。”
这6个产业项目，包括位于巴生谷的双威Gandaria、双威Velocity、双威Geo第3期住宅、Casa Kiara3、槟城的双威Cassia和依斯干达区的双威Emerald住宅项目。
截至目前，双威未开发地皮面积报3343英亩，发展总值504亿令吉，可让公司未来15年保持忙碌。

Posted by Jun Yu > 2015-07-14 23:20 | Report Abuse

sunway still 盘整ing, collect at 3.39...the company even did the sharebuyback...time by time at 3.39

Posted by repusez > 2015-07-21 09:27 | Report Abuse

any idea on listing date of suncon

Posted by ExLaSalle84 > 2015-07-21 11:58 | Report Abuse

28/7/15

Posted by skylifttoptoptop > 2015-07-22 12:12 | Report Abuse

fast fast jump in the boat now, next tuesday suncon + sunway boat transform become rocket.

Posted by Ali Baba > 2015-07-22 16:35 | Report Abuse

think they're prepare for suncon launch + special dividend

Posted by Ali Baba > 2015-07-22 16:35 | Report Abuse

TP RM4 ?

Posted by Tigerbeer > 2015-07-23 22:11 | Report Abuse

Everyone get their suncon already? ?

Posted by kuyhwonwinray > 2015-07-23 22:14 | Report Abuse

Waiting for SUnCon listing..

Posted by CrossSymbol > 2015-07-24 00:30 | Report Abuse

Yes just got my sun con today.

Posted by zzas > 2015-07-24 01:09 | Report Abuse

latest q result is out. fantastic result. suncon roket tp rm2

Posted by skylifttoptoptop > 2015-07-24 08:54 | Report Abuse

result top top !! if suncon rocket tp rm2, sunway easily tp rm6.

Posted by Unbeatable Nick > 2015-07-24 19:10 | Report Abuse

hmm,,,,my suncon still not in my acc yet??

Posted by kingfatt > 2015-07-24 21:44 | Report Abuse

Anyone know the entitle date for the special dividen?

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

nobody know the exdate now, it will be announce after listing of SUNCON. if possible please give 28cents.

Posted by Wolverin3 > 2015-07-27 17:02 | Report Abuse

I called the IR in Sunway, should be in August. The lady also told me that on top of the RM 0.28 dividend they will also be giving the second interim dividend around RM 0.06. So good returns coming up!

Posted by MirageHotelPD > 2015-07-28 00:22 | Report Abuse

The Ex date for special dividend should be end of August and pay in September

Posted by money_builder > 2015-07-28 10:47 | Report Abuse

skylifttoptoptop & Wolverin3 I , how both of you know the dividend is 28 cents?

Posted by timbermad > 2015-07-28 11:46 | Report Abuse

down from opening price.. what happen!!

Posted by skylifttoptoptop > 2015-07-28 12:18 | Report Abuse

money_builder, if you can read ,

2015-07-15 16:14

（吉隆坡15日訊）雙威（SUNWAY，5211，主板產業組）分拆雙威建築上市，可能派發特別股息，加上該公司手握大片地庫待發展，大馬研究相信產業市場放緩不會影響該公司長遠計劃。

大馬研究表示，該公司將建築業務上市後，可能派發25仙至28仙的特別股息，意味著可獲得7%至8%的回酬。

Posted by money_builder > 2015-07-29 09:18 | Report Abuse

Thanks skylifttoptoptop

Posted by MirageHotelPD > 2015-08-01 18:31 | Report Abuse

Timbermad, with so many scandals happens. Sentiment sure not good. Grab the opportunity to buy while price low

Posted by skylifttoptoptop > 2015-08-03 09:22 | Report Abuse

counter still looks boring after loosing some weight, but obviously it can travel up down in faster momentum, one day it will shoot up

Posted by money_builder > 2015-08-04 15:20 | Report Abuse

sunway is skyrocketing down..... :(

Posted by gforce2 > 2015-08-04 17:09 | Report Abuse

Good opportunity to accumulate before the special dividend announcement.

Posted by jesjes > 2015-08-05 14:02 | Report Abuse

Hi skylift, did you cal n confirm with Sunway registrar they giving out special dividend 25ct to 28ct ? I worry its just rumours only lol

Posted by skylifttoptoptop > 2015-08-05 22:23 | Report Abuse

rumours is always good. end of august another rumours 5ct dividend. if rumours 28ct + 5ct all kena, this year sunway given 50cents dividend in total, good return for rm3 counter

Posted by ahbeng > 2015-08-07 14:02 | Report Abuse

For sure rumour only~ In the past historical, Sunway where got such generous, better switch channel to Tropicana.

Posted by skylifttoptoptop > 2015-08-07 18:32 | Report Abuse

TRAP and TROP too similiar.. prefer sunway anytime :)

Posted by et36000 > 2015-08-10 10:29 | Report Abuse

25cents confirm by director at agm n bcos of suncon too. Just 5 cents special div dont know loh

Posted by skylifttoptoptop > 2015-08-10 12:13 | Report Abuse

before ''news'' everything is rumours.. so, keep selling pls. my 3.38 havent fill yet .. i want 2 biji only. rm500 dividend cukup dy.

Posted by ky123 > 2015-08-21 09:26 | Report Abuse

drop

Posted by Michael Wong Yew Kong > 2015-08-22 16:37 | Report Abuse

DJ closed at session lows, off nearly 531 points.
Sell your sunway if brought below 3.00.

Posted by skylifttoptoptop > 2015-08-27 09:46 | Report Abuse

sell low fast fast, rumours later announcement 25+5 dividend. buy high slow slow. sell low buy high, you win !

Posted by skylifttoptoptop > 2015-09-03 08:14 | Report Abuse

Good Morning, http://www.bursamalaysia.com/market/listed-companies/company-announcements/4855597, finally no more rumours. 26ct + 5ct = confirm 31ct dividend

Posted by Teh Kieat Keoi > 2015-09-04 14:51 | Report Abuse

This Sunway, even though the special dividend has been announced, but the price performance is worse than before.

Posted by joshuacfy > 2015-09-04 14:59 | Report Abuse

Because of the share buy back?

Posted by cheeseburger > 2015-09-04 15:05 | Report Abuse

looking at volume I guess just profit taking by small investors..

Posted by Teh Kieat Keoi > 2015-09-04 15:17 | Report Abuse

I really don't understand the principle of share market. Example, after YTLPOWR announced 10sen dividend, the share price rise from 1.49 to 1.58 now. But Sunway, after announced the special dividend 26sen + 5sen interim dividend, the share price also same as 3.4 before. wtf.

Posted by cheeseburger > 2015-09-04 15:32 | Report Abuse

market mood is very much affecting the share price performance. Fluctuation is normal.

Posted by siowlang > 2015-09-04 15:40 | Report Abuse

Yeah, small time investors who is not yet made aware of the special dividend. At this price, its a 7.7% yield. And historically, Sunway Berhad shares does not adjust after ex-dividend.

Posted by Wei Tek > 2015-09-04 17:22 | Report Abuse

when is the ex date for the 5sen dividend? another seperate announcement would come? or is it already part of the 26sen dividend?

Posted by gforce2 > 2015-09-04 20:54 | Report Abuse

From what I can see, the 5 sen dividend was proposed in the most recent quarterly results (2Q 2015), date to be determined later. The 26 sen dividend is a special dividend on its own.

Sunway continues to support the share price with regular share buyback (quite consistently since June 2015), accumulating more than 4.6M treasury shares this year at prices mainly between 3.30 - 3.40. Total no. of treasury shares stands at ~13.6M today which represents 0.77% of total no. of outstanding shares.

Some of the selling today might be due to speculation on who will be awarded the LRT3 project. I am of the view that it is a big pie, and all the contenders will get a slice eventually, irrespective of who wins the main project.

Posted by skylifttoptoptop > 2015-09-05 15:15 | Report Abuse

5 sen stated in QR and not part of 26 sen, the exdate will be anoounce soon.

Posted by bilbie > 2015-09-08 10:17 | Report Abuse

Is it worth to exercise the warrant @2.43 to get the 26 sen?

Posted by MP Khor > 2015-09-08 11:48 | Report Abuse

anyone know how much will be adjusted after dividend?

Posted by yeekarwai88 > 2015-09-08 13:31 | Report Abuse

Lol,hahaha,you still saying LRT3?