Posted by Shafi Awong > 2015-07-28 10:54 | Report Abuse

BUYYYYYYYYYNOWWWWWWW AT 1.25, apa tunggu lagi?

Posted by Muhd. Affandi Abd. Halim > 2015-07-28 10:55 | Report Abuse

Seem u're right Mr.Shafi Awong so far....

Posted by kentg03 > 2015-07-28 10:57 | Report Abuse

hope the green can last until 5pm

Posted by Muhammad Jamaluddin > 2015-07-28 10:58 | Report Abuse

Aduh..menyesal tak beli 1.23 tadi

Posted by Muhd. Affandi Abd. Halim > 2015-07-28 11:02 | Report Abuse

Sory to say... i really don't care either green or red... as long it will shot up as per Shafi Awong & RocketMoney expectation... i'm good enought...

Posted by qazwer > 2015-07-28 11:02 | Report Abuse

risky this counter 50% 50%

Posted by RocketMoney > 2015-07-28 11:05 | Report Abuse

i have to return back to work.. hope this will continue uptrend soon..

Posted by Mat Cendana > 2015-07-28 11:06 | Report Abuse

Last quarter's EPS was 2.66 sen. So, IPO of 1.20 looks just about right. At the present price, downside risk looks low. For sure there's a support mechanism that will kick in to support it from going below 1.20. So, contra players are somewhat protected in the next few days. But the IPO price doesn't leave much on the table for speculators. Just like Malakoff.

SunCon looks like a reasonable counter to park one's money in since it's dividend-paying. But there is this political overhang right now. Foreign investors don't like uncertainties, and the construction industry is often influenced by political developments. I'm going to adopt a wait-and-see first.

Posted by Muhammad Jamaluddin > 2015-07-28 11:07 | Report Abuse

alamak ... 1.24 ..

Posted by Shafi Awong > 2015-07-28 11:09 | Report Abuse

BUY 1.24!!! apa mau tunggu lagi??

Posted by nooniez > 2015-07-28 11:10 | Report Abuse

Price so expensive and par value so low.

Posted by nooniez > 2015-07-28 11:10 | Report Abuse

Ikhmas way better

Posted by Muhammad Jamaluddin > 2015-07-28 11:11 | Report Abuse

macam nak turun jer...

Posted by money_builder > 2015-07-28 11:12 | Report Abuse

disappointing ... hovering between 1.23 -1.25, even go as low as 1.22

Posted by Shafi Awong > 2015-07-28 11:13 | Report Abuse

Muhammad Jamaluddin : it's the sign of going up!! why you look at it as going down, ha???

Posted by necro > 2015-07-28 11:18 | Report Abuse

Down LA bagus boleh collect murah..dividend Mali...kalo RM1.20 dividend yield 3% kalo RM0.60 6%...at least RM1.10 pon ok gak Baru boleh sama mcm fix deposit acc(3.25% per anum)...

Posted by nicole76 > 2015-07-28 11:21 | Report Abuse

http://klse.i3investor.com/blogs/kenangaresearch/80436.jsp

Posted by Shafi Awong > 2015-07-28 11:29 | Report Abuse

BUY 1.25 now !!!! Before you regret for life!!!! ~ 1.40 closing today, for sure!!!

Posted by popcorn > 2015-07-28 11:31 | Report Abuse

stabilizing can be positive too~

Posted by Shafi Awong > 2015-07-28 11:31 | Report Abuse

Latest news, local institutional funds are now gearing up for their purchase at price ranging from 1.25-1.30!

Posted by Shafi Awong > 2015-07-28 11:32 | Report Abuse

at 2 pm, you will see foreign funds joining the party, you will see how they sweep up SUNCON share, caya tak?

Posted by Shafi Awong > 2015-07-28 11:33 | Report Abuse

1.25 finishing soonnnn!!

Posted by skyu > 2015-07-28 11:37 | Report Abuse

shafi, u are a real joker. if u know all these, this evening at 5pm, u can be millionaire instantly. u better refinance urproperty asap to contribute to jefferey cheah personal account.

Posted by popcorn > 2015-07-28 11:38 | Report Abuse

up up up up!

Posted by Shafi Awong > 2015-07-28 11:38 | Report Abuse

rlch: biggest show time begins at 2pm!!!

Posted by noriz > 2015-07-28 11:38 | Report Abuse

nooniz.......hidup lagi?????

Posted by skyu > 2015-07-28 11:39 | Report Abuse

i called myself lucky if not burnt heavily. no need 1.40, 1.35 i treat u good meal in kl.

Posted by Muhammad Jamaluddin > 2015-07-28 11:39 | Report Abuse

shafi.. hang konfiden jer...

Posted by noriz > 2015-07-28 11:39 | Report Abuse

mengapa pukul 2 ,bukan 2 suku ????

Posted by Jade999 > 2015-07-28 11:41 | Report Abuse

can close 1.35c today, tomorrow gap up

Posted by Shafi Awong > 2015-07-28 11:42 | Report Abuse

skyu : Sorry oh!! I'm not a millionaire, BUT I'm a billionarie!! I hold 20 millions of SUNCON share, ok?

Posted by kinfatt999 > 2015-07-28 11:42 | Report Abuse

hopefully 1.35, because i buy at 1.30

Posted by Shafi Awong > 2015-07-28 11:43 | Report Abuse

1.25 is going to finish soon!!! Because I'm buying, hahaha!!

Posted by Jade999 > 2015-07-28 11:43 | Report Abuse

kinfatt999, sure can huat today, but much better if hold

Posted by noriz > 2015-07-28 11:43 | Report Abuse

I hold 2 units of suncon parking sell at 1.30

Posted by Muhammad Jamaluddin > 2015-07-28 11:44 | Report Abuse

but I like your confident Shafi...... now more people enter at 1.25

Posted by Shafi Awong > 2015-07-28 11:44 | Report Abuse

give you all chance to buy at 1.25, after you bought, I will sapu all, ON?

Posted by kinfatt999 > 2015-07-28 11:44 | Report Abuse

now everybody buying

Posted by skyu > 2015-07-28 11:45 | Report Abuse

1.30 u sell? u should buy more and hold. 2014 and 2015, most ipo are sampah, hope this suncon can make an upperhand.

Posted by kinfatt999 > 2015-07-28 11:46 | Report Abuse

bear 62 vs bull 56

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

15 mins more for you to buy at 1.25, start from now!!!

Posted by Shafi Awong > 2015-07-28 11:49 | Report Abuse

haha, when I say I want to sapu 1.25, so many people want to sell to me! I will make you wait!!!

Posted by LaoLiu > 2015-07-28 11:50 | Report Abuse

Buy and hold for a period of time, sure gain from this counter. No so advisable to take on contra.

Posted by skyu > 2015-07-28 11:51 | Report Abuse

normally this kinda company they provide pink form to suppliers, sub cons, staffs.

Posted by skyu > 2015-07-28 11:52 | Report Abuse

27k lots waitng there for u to sapu at 1.25.

Posted by Jade999 > 2015-07-28 11:52 | Report Abuse

btw krono also nice if start accumulate

Posted by SharehlderOppression > 2015-07-28 11:54 | Report Abuse

Let's state the facts based on prospectus rather than speculation.
From the prospectus,

SUNCON recommended dividend policy 35% of annual core profit.
IKHMAS recommend dividend policy of 20% of annual PAT.
SUNCON IPO PE 12.4x
IKHMAS IPO PE was at 13.77x
SUNCON gross profit margin FYE 31 Dec 2014 21%
IKHMAS gross profit margin FYE 31 Dec 2014 19.73%
SUNCON cash position as at 31 Dec 2014 (+RM 277,612,000 Positive)
IKHMAS cash position as at 31 Dec 2014 (-RM 9,846,000 Negative)

http://klse.i3investor.com/blogs/kenangaresearch/80436.jsp

And it has good support from parent company Sunway.
Historically, on average, the parent company Sunway Group farmed out about RM500.0m jobs to SUNCON yearly. Upon listing, SUNWAY will still be the largest shareholder, owning 55.6% of SUNCON’s stake.

Still believe IKHMAS a better buy than SUNCON?

Posted by Muhammad Jamaluddin > 2015-07-28 11:55 | Report Abuse

too many people que SELL at 1.26 & 1.28

Posted by tlbeng > 2015-07-28 11:55 | Report Abuse

Kenanga:
based on 14.0x FY16E PER. SUNCON is set to be listed by today. Note that SUNCON’s IPO price implies FY15E and FY16E PER of 10.8x and 12.0x, respectively. We recommend TRADING BUY with the potential upside and dividend yield of 16.7% and 3.0%, respectively. Despite the negative growth in FY16E, we are ascribing 14.0x to FY16E EPS, in line with our target PER for WCT’s construction division of 14.0x and target PER range for small-mid cap peers of 10.0-14.0x. We believe SUNCON deserves a higher range of PER valuation due to the group’s position as a pure construction player with strong net cash position and is positioned to benefit from the sector’s bright prospects.

Posted by Shafi Awong > 2015-07-28 11:57 | Report Abuse

skyu: you wait ha, I'm now tempting more people to sell at my 1.24 BUY QUE first ah, you wait.