SUNWAY CONSTRUCTION GROUP BERHAD

KLSE (MYR): SUNCON (5263)

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Last Price

4.54

Today's Change

+0.08 (1.79%)

Day's Change

4.43 - 4.56

Trading Volume

904,200


7 people like this.

2,188 comment(s). Last comment by Bowmann 2 days ago

Slimy

119 posts

Posted by Slimy > 2015-10-08 11:28 | Report Abuse

does this counter pays dividend ?

Good_News

601 posts

Posted by Good_News > 2015-10-11 17:57 | Report Abuse

Dividend policy of minimum 35.0% payout
http://klse.i3investor.com/servlets/ptres/31384.jsp

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-12 10:03 | Report Abuse

Suncon slow n steady moving up, will again breakthrough 1.300 soon. Tp 1.400, patience needed.

azfar8

976 posts

Posted by azfar8 > 2015-10-12 12:17 | Report Abuse

market moving up, you are not, but when market shaky, you down... oooooo suncon.... con la...

Good_News

601 posts

Posted by Good_News > 2015-10-13 10:01 | Report Abuse

Toll hike announced yesterday meaning gov has more money to spend on infrastructure projects?

Posted by firdaus7lapan > 2015-10-15 09:39 | Report Abuse

Just now touch 1.24. Look at the movement trend, by end of this week possible approach to 1.30 level.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-15 10:08 | Report Abuse

1.250 now ! Suncon is back on track..

Posted by weihan123 > 2015-10-15 10:30 | Report Abuse

Up Trend...but climb like turtle

misterzikk

547 posts

Posted by misterzikk > 2015-10-15 11:02 | Report Abuse

End of this week is tomorrow wor. If that happens, then next week sure 1.4!

kentg03

971 posts

Posted by kentg03 > 2015-10-15 15:35 | Report Abuse

left 1 day. abit hard jump to 1.3

Good_News

601 posts

Posted by Good_News > 2015-10-15 16:09 | Report Abuse

Sunway Construction eyes order book replenishment of RM2 bil a year
http://www.theedgeproperty.com.my/my/content/sunway-construction-eyes-order-book-replenishment-rm2-bil-year

morazas

39 posts

Posted by morazas > 2015-10-15 16:19 | Report Abuse

When SUNCON pay dividends?

Good_News

601 posts

Posted by Good_News > 2015-10-15 16:23 | Report Abuse

Why Suncon so powerless? One day must visit Sunway Pyramid or Sunway Lagoon to see is business really so bad.

Good_News

601 posts

Posted by Good_News > 2015-10-15 16:46 | Report Abuse

No idea but dividend policy is at least 35%.

Posted by erictan6009 > 2015-10-15 17:12 | Report Abuse

Sunway Pyramid and Sunway Lagoon business will not affect Sunway Construction group...both entity belong to Sunway Berhad and the property belong to Sunway REIT...

so good business in this two will not effect the share price..but if there is new development within Sunway Group, then Sunway Construction will benefit from it as the company will always be the priority Co to received the job

bluefun

643 posts

Posted by bluefun > 2015-10-15 20:31 | Report Abuse

LETTER OF AWARD ISSUED BY SUNWAY ISKANDAR SDN BHD

The Board of Directors of SunCon is pleased to announce that Sunway Construction Sdn Bhd (“SCSB”), a subsidiary of SunCon, has on 15 October 2015, accepted the Letter of Award issued by Sunway Iskandar Sdn Bhd, a subsidiary of Sunway Berhad (“Sunway”) which in turn is SunCon’s holding company, in relation to the main building works for the proposed strata development on Plot F27 to construct 222 units of linked houses, cluster homes and semi-detached houses in 2 phases on part of the land held under PTD 199240 (previously known as PTD 183276), Mukim Pulai, Daerah Johor Bahru, Johor Darul Takzim for a total contract sum of Ringgit Malaysia One Hundred Seventy Four Million Five Hundred Nine Thousand Three Hundred Fifty Four and Cents Forty Six (RM174,509,354.46) only exclusive of goods and services tax (“Project”).

The Project is targeted to be completed by 31 December 2017. The Project is expected to contribute positively to the earnings of SunCon Group from the financial year ending 31 December 2015 onwards.

misterzikk

547 posts

Posted by misterzikk > 2015-10-16 14:39 | Report Abuse

Lembik

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-16 15:26 | Report Abuse

Sunway Construction bags RM174mil housing project

KUALA LUMPUR: Sunway Construction Group Bhd (SunCon) has secured an RM174.5mil contract from Sunway Iskandar Sdn Bhd for the construction of houses in Pulai, Johor Baru.

In a filing with Bursa Malaysia, SunCon said the contract was in relation to the main building works for the proposed strata development on Plot F27 to construct 222 units of linked houses, cluster homes and semi-detached houses in two phases on part of the land held under PTD 199240 in Pulai.

The project is is due for completion by Dec 31, 2017, and is expected to contribute positively to the SunCon group’s earnings from the financial year ending Dec 31 onwards.

SunCon added that the project was a related-party transaction by virtue of Evan Cheah Yean Shin being a director and major shareholder of SunCon, as well as a director of several subsidiaries and the major shareholder of Sunway.

Tan Sri Dr Jeffrey Cheah Fook Ling, Puan Sri Susan Cheah Seok Cheng, Sarena Cheah Yean Tih, Sungei Way Corp Sdn Bhd and Active Equity Sdn Bhd are major shareholders of both SunCon and Sunway.

michaelwong

3,072 posts

Posted by michaelwong > 2015-10-16 18:36 | Report Abuse

Construction stocks wasting of time and resources......not the right time even how good it is going to perform......the trend that's count !

Good_News

601 posts

Posted by Good_News > 2015-10-19 10:29 | Report Abuse

Eye On Stock: Sunway Construction Group Bhd
http://www.thestar.com.my/Business/Business-News/2015/10/17/Eye-On-Stock/?style=biz

Posted by erictan6009 > 2015-10-19 10:38 | Report Abuse

too many pink form holders disposing all their shares..especially the suncon staff

robarom

46 posts

Posted by robarom > 2015-10-19 11:10 | Report Abuse

erictan6009 u working in suncon?

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-19 16:18 | Report Abuse

Going up higher very soon, don't miss this boat. High at 1.270.

morazas

39 posts

Posted by morazas > 2015-10-21 14:58 | Report Abuse

why price cannot break 1.27?

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-21 15:25 | Report Abuse

Maintain Buy ! Potential to break 1.270 soon and move up higher.

Posted by firdaus7lapan > 2015-10-21 15:46 | Report Abuse

Now, quite a lot of trading at 1.27. Hope, can break and touching 1.28. This stock, so "Stabborn"... :).

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-21 15:49 | Report Abuse

Suncon, slow and steady up..

ampabella

1,378 posts

Posted by ampabella > 2015-10-21 21:51 | Report Abuse

yalor, i jes buy only , last time sold at rm1.15 only

BN_menang

2,982 posts

Posted by BN_menang > 2015-10-23 09:36 | Report Abuse

Does Sabah require BRT? Please give to Suncon.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-23 09:59 | Report Abuse

Suncon touched a high of 1.280, will breakup 1.300 soon.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-23 11:12 | Report Abuse

Strong Suncon!

ltspromar

53 posts

Posted by ltspromar > 2015-10-23 11:18 | Report Abuse

Buy th heavy,tdm

BN_menang

2,982 posts

Posted by BN_menang > 2015-10-23 11:23 | Report Abuse

If any pump priming for Malaysian economy is still best done through construction industry of which Suncon involve. Expect Suncon to benefit from today Budget.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-23 11:25 | Report Abuse

Good ! Awaiting Suncon to achieve new high soon, haha. Tp 1.400

BN_menang

2,982 posts

Posted by BN_menang > 2015-10-23 11:31 | Report Abuse

Suncon latest QR EPS 2.92sen vs G Kent EPS 2.80sen. Why Suncon trade at lower price?

Jayd3

38 posts

Posted by Jayd3 > 2015-10-23 12:17 | Report Abuse

hopefully touch 1.30 during today budget day ^^

BN_menang

2,982 posts

Posted by BN_menang > 2015-10-23 16:41 | Report Abuse

BRT announced by PM Najib. Suncon to get it?

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-23 17:03 | Report Abuse

Nice, closed at 1.290 !

robarom

46 posts

Posted by robarom > 2015-10-24 17:41 | Report Abuse

very strong.. this is not your average pasar malam.. buy and hold guys.. a lot of billion ringgit projects coming.

BN_menang

2,982 posts

Posted by BN_menang > 2015-10-24 18:09 | Report Abuse

BRT projects RM 2.5 billion announced by PM Najib yesterday. Suncon to grab it?

robarom

46 posts

Posted by robarom > 2015-10-25 19:06 | Report Abuse

very likely

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-26 09:08 | Report Abuse

1.310 now ! Going to move up higher..

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-26 09:12 | Report Abuse

Flying mode on, go go go Suncon !

kentg03

971 posts

Posted by kentg03 > 2015-10-26 09:17 | Report Abuse

1.35 new high

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-26 09:18 | Report Abuse

Probably going to breakup 1.350 by today..

Posted by singalingam > 2015-10-26 09:59 | Report Abuse

anyone knows what causes the uptrend of suncon?

BN_menang

2,982 posts

Posted by BN_menang > 2015-10-26 10:05 | Report Abuse

I know 2 reasons:
1) Latest Focus Magazine recommend it
2) Probably can win bus rapid transit projects announced by PM Najib in Budget 2016

robarom

46 posts

Posted by robarom > 2015-10-26 10:45 | Report Abuse

tp 1.40

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-10-26 11:57 | Report Abuse

Maintain buy for Suncon ! Touched high 1.350 (New High)

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