SUNWAY CONSTRUCTION GROUP BERHAD

KLSE (MYR): SUNCON (5263)

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Last Price

2.76

Today's Change

-0.04 (1.43%)

Day's Change

2.71 - 2.81

Trading Volume

5,209,700


7 people like this.

2,037 comment(s). Last comment by Bowmann 2 weeks ago

Bullrun18

348 posts

Posted by Bullrun18 > 2022-12-29 10:53 | Report Abuse

More to come next is MRT 3 contract...........

Posted by StartOfTheBull > 2022-12-29 10:57 | Report Abuse

Why price can't move?

steven rt

184 posts

Posted by steven rt > 2022-12-29 21:10 | Report Abuse

Even after the contract with Toya, a whooping RM 6.9 B in value did not move the counter, what happen?

newbie8080

2,727 posts

Posted by newbie8080 > 2022-12-30 10:32 | Report Abuse

Probably less coverage by investing public and institutional during last week of December.
Only Kenanga gave a buy call
The rest of the IB eg: RHB-OSK, AMinvest, etc still yet to give your call.
Besides, this counter tigthly held by the Cheah family and remaining by institutional funds, so less retail activity here.

Bullrun18

348 posts

Posted by Bullrun18 > 2022-12-30 16:06 | Report Abuse

EPF still want to add more and Foreign fund want clear stock that why haha..........

newbie8080

2,727 posts

Posted by newbie8080 > 2023-01-03 10:11 | Report Abuse

The Board of Directors of SunCon is pleased to announce that Sunway Construction
Sdn Bhd (“SCSB” or “Contractor”), a wholly-owned subsidiary of the Company, has on
31 December 2022 entered into a Contract in respect of General Contractor Services
for Project JHB1X0 (“Contract”) with Yellowwood Properties Sdn Bhd (“Yellowwood”)
to carry out the works [as defined in Section 2(b) of Salient Terms of the Contract] for a
data centre located in Sedenak Tech Park (STeP) in Johor, Malaysia.

(a) The contract amount for the Works is approximately RM1.7 billion. The contract
amount is a fixed-price lump sum amount and inclusive of all applicable taxes.

icedvestor

125 posts

Posted by icedvestor > 2023-01-03 16:55 | Report Abuse

Low profile stock. Only those who know the value invest quietly

awesome20

1,184 posts

Posted by awesome20 > 2023-01-09 19:42 | Report Abuse

suncon easy 2.00/2.20 soon

newbie8080

2,727 posts

Posted by newbie8080 > 2023-01-17 18:40 | Report Abuse

Design, Engineering, Procurement, Construction, Testing and Commissioning of Solar Photovoltaic Energy Generating Facility with Ancillary Equipment and Facilities with generating capacity of 50MW on a land located at Lot 45547 (GRN: 124174) Mukim Teja, Daerah Kampar, Perak Darul Ridzuan (“EPCC Works”). The contract sum for the EPCC Works is Ringgit Malaysia Two Hundred Eighteen
Million Seven Hundred Fifty-Six Thousand Six Hundred and Seventy-Five
(RM218,756,675.00)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3322246

Icon 888

2,215 posts

Posted by Icon 888 > 2023-01-31 10:32 | Report Abuse

Good stock

Icon 888

2,215 posts

Posted by Icon 888 > 2023-01-31 10:33 | Report Abuse

Long term investment

Icon 888

2,215 posts

Posted by Icon 888 > 2023-02-07 15:26 | Report Abuse

Gem coming

newbie8080

2,727 posts

Posted by newbie8080 > 2023-02-22 09:35 | Report Abuse

Hopeful for some good news eg:MRT3 in this Friday's revised Budget 2023.

Icon 888

2,215 posts

Posted by Icon 888 > 2023-03-03 11:18 | Report Abuse

Construction gem ya

Icon 888

2,215 posts

Posted by Icon 888 > 2023-03-14 16:08 | Report Abuse

Run First .. recession

Icon 888

2,215 posts

Posted by Icon 888 > 2023-07-12 17:49 | Report Abuse

Construction gem

LubeTrader

234 posts

Posted by LubeTrader > 2023-08-03 13:37 | Report Abuse

What an iconic display of self-contradiction

Icon 888

2,215 posts

Posted by Icon 888 > 2023-09-24 14:48 | Report Abuse

Hsr main beneficiary

Icon 888

2,215 posts

Posted by Icon 888 > 2023-09-25 09:21 | Report Abuse

One big green

Kim

3,930 posts

Posted by Kim > 2023-10-05 11:39 | Report Abuse

Today GAMUDA is the leader. Going to fly high.
Going to follow other construction.

SUNCON, UEMS,EKOVEST, IWCITY & MRCB my top picks.

Stay tuned above lists. I am going more to Gamuda today.

Let's fly! Good luck!

hng33

19,788 posts

Posted by hng33 > 2023-11-21 16:55 | Report Abuse

bought suncon at 1.89-1.90

hng33

19,788 posts

Posted by hng33 > 2023-11-22 14:56 | Report Abuse

sold back 1.93

Icon 888

2,215 posts

Posted by Icon 888 > 2023-12-22 10:00 | Report Abuse

Hsr

Icon 888

2,215 posts

Posted by Icon 888 > 2 months ago | Report Abuse

Very slow

edcheong

27 posts

Posted by edcheong > 2 months ago | Report Abuse

A most terrible share.. goes up so much suddenly LOL

yong1985cm

213 posts

Posted by yong1985cm > 2 months ago | Report Abuse

similar pattern with its sunway/mother.

mf

27,851 posts

Posted by mf > 2 months ago | Report Abuse

target rm 3.40

paperplane

21,540 posts

Posted by paperplane > 2 months ago | Report Abuse

so fast...........

MrFox

994 posts

Posted by MrFox > 2 months ago | Report Abuse

so fast...........
what?
up?
haha

ChloeTai

1,057 posts

Posted by ChloeTai > 2 months ago | Report Abuse


Type Announcement
Subject OTHERS
Description SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON")
- TARGETED DATE OF RELEASE OF UNAUDITED FINANCIAL RESULTS FOR THE FOURTH QUARTER ENDED 31 DECEMBER 2023
We wish to announce that SunCon targets to release its unaudited financial results for the fourth quarter ended 31 December 2023 after 5.00 p.m. on Tuesday, 20 February 2024.

ChloeTai

1,057 posts

Posted by ChloeTai > 2 months ago | Report Abuse

Figures to beat:
(a) Net profit for 4th quarter last year (RM45,646,000)
(b) Net profit for 3rd quarter this year (RM35,013,000)
(c) HLIB maintained a “buy” call on the stock with a higher target price of RM2.95
(d) CGS-CIMB Research reiterate ‘add’ rating and lift our target price to RM2.70
(e) UOBKH Research is maintaining a “buy” call on the counter, with a target price of RM2.72.

ChloeTai

1,057 posts

Posted by ChloeTai > 1 month ago | Report Abuse

20 Feb 2024: Announced Record PAT:
21 Feb 2024: Trading at 2.62 - 2.79 before the afternoon break. (Positive 18 sen become positive 1 sen only).

ChloeTai

1,057 posts

Posted by ChloeTai > 1 month ago | Report Abuse

TEOSENG
20 Feb 2024: Announced Record PAT:
21 Feb 2024: Trading at RM2.18 - RM2.50 (Positive 20 sen becomes negative 9 sen).

yong1985cm

213 posts

Posted by yong1985cm > 1 month ago | Report Abuse

what the hell Sunway residential project awarded to Crest Builder and not Suncon?

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

This stock is still really cheap

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Real estate and construction stocks will perform well. Boring to trade though

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Added on weakness

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Hold

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Heading to RM3.00

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

This stock is not going back to 2 anytime

paperplane

21,540 posts

Posted by paperplane > 4 weeks ago | Report Abuse

Heng , ong, huat ah

paktua73

18,232 posts

Posted by paktua73 > 4 weeks ago | Report Abuse

yes today sunway time..
will reach rm3 soon..
lai lai


tut tut
come joined paktua swing team..
sent request at tele @swingdarkred73

troy88

2,550 posts

Posted by troy88 > 4 weeks ago | Report Abuse

Damn steady just like mother stock. Congrats to Sunway investors.

Bowmann

13 posts

Posted by Bowmann > 4 weeks ago | Report Abuse

What data center company do you think Suncon obtained from?

mf

27,851 posts

Posted by mf > 3 weeks ago | Report Abuse

Price Target

Sunway Construction Group Berhad - Another Sizeable Job Win
Source : TA, Price Call : BUY, Price Target : 3.21
Last Price : 2.89, Upside/Downside : +0.32(11.07%)

Bowmann

13 posts

Posted by Bowmann > 3 weeks ago | Report Abuse

No one knows? ok, I guess it's Microsoft because Bill Gates planned to come Malaysia before

Bowmann

13 posts

Posted by Bowmann > 2 weeks ago | Report Abuse

Hmm.. EPF started disposing before it breaks through RM3 ...

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