SUNWAY CONSTRUCTION GROUP BERHAD

KLSE (MYR): SUNCON (5263)

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Last Price

4.15

Today's Change

-0.33 (7.37%)

Day's Change

4.15 - 4.50

Trading Volume

4,741,600


7 people like this.

2,180 comment(s). Last comment by kelifish 2 days ago

5605566

11 posts

Posted by 5605566 > 2018-03-30 14:09 | Report Abuse

cheers

Sales

3,269 posts

Posted by Sales > 2018-04-01 00:59 | Report Abuse

Before you buy this counter, I'm sure you know who's the owner. Is a reputable company.

Posted by Kendo Ken Hz > 2018-04-01 12:23 | Report Abuse

No share buyback?

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-04-03 15:45 | Report Abuse

cheers

Money122

982 posts

Posted by Money122 > 2018-04-03 22:16 | Report Abuse

(吉隆坡3日讯)虽然双威建筑(SUNCON,5263,主板建筑组)今年首3个月仅抢下5亿令吉新合约,但兴业研究仍看好该公司全年可夺得22亿令吉新工程,并视近期股价下跌为趁低吸纳良机。

双威建筑年初冲上历来最高价2令吉64仙后,就掉头回落,至今已回吐22%。今日闭市,双威建筑继续下滑,全天走低9仙,收报1令吉97仙。

兴业表示,双威建筑2月发布的2017财政年业绩不如预期,加上投资者转向青睐抗跌股,是双威建筑股价急挫的主要原因。

该行与管理层会面后说,双威建筑业务展望稳定,估值也降至13.4倍本益比,股价滑落后,投资价值已变得更为诱人。

该行补充,双威建筑2018财政年周息率料达3.9%,去年也曾在股价跌至1令吉98仙时回购股票,这两大利多相信有助于捍卫股价。

3年平均股本回酬可达33%

在控股公司双威(SUNWAY,5211,主板贸服组)的强力支援之下,兴业看好双威建筑3年平均股本回酬可达33%。

兴业指出,双威建筑2018财政年内部新工程目标为15亿至20亿令吉,而该行的预测更为乐观,主要是看好该公司可从大型发展项目、控股公司和其他公司手上赢得更多新合约。

该行说,双威建筑参与的财团,是隆新高铁项目其中一个备受看好的潜在赢家。此外,该公司也已入围东海岸衔接铁道(ECRL)项目。

推出更多新房产

控股公司双威计划推介更多新房产项目,从去年的10亿令吉提高到14亿令吉,也可能为双威建筑提供6亿至7亿令吉新工程。双威建筑主要争取中高端住宅和医院建筑合约。

此外,该公司正竞标巴生河流域的中高端办公楼和综合产业建筑合约,有机会抢下6亿至9亿令吉新工程。

目前,双威建筑的订单为66亿令吉,相等于2017财政年建筑营业额的3.4倍。

虽然新合约展望乐观,但兴业鉴于部份大型项目进账落后预期,而决定调低双威建筑2018财政年盈利预测10%,进而将目标价从2令吉70仙降至2令吉50仙,评级则保持“买进”。

该行补充,如果双威建筑财团在隆新高铁中脱颖而出,目标价可望提高30仙。

Posted by Kendo Ken Hz > 2018-04-05 19:16 | Report Abuse

At least , stable at 2

Money122

982 posts

Posted by Money122 > 2018-05-01 02:02 | Report Abuse

Big rebound this time

93126668

91 posts

Posted by 93126668 > 2018-05-18 12:42 | Report Abuse

Just got new contract, why still drop?

kentg03

971 posts

Posted by kentg03 > 2018-05-18 13:42 | Report Abuse

ECRL may cancel project, all run

Posted by Aaron Tan > 2018-05-18 14:56 | Report Abuse

SunCon is related to ECRL?

kentg03

971 posts

Posted by kentg03 > 2018-05-18 15:35 | Report Abuse

Read the comment from money122

Posted by Aaron Tan > 2018-05-18 15:38 | Report Abuse

Banana

Posted by Aaron Tan > 2018-05-18 16:35 | Report Abuse

Thanks alot bro.

SIBUK

266 posts

Posted by SIBUK > 2018-05-18 22:17 | Report Abuse

Construction danger now

Posted by stockintalk > 2018-05-19 23:20 | Report Abuse

«精明顾问团第一个动刀?, 东铁计划风险高不合理»
去了解。

SIBUK

266 posts

Posted by SIBUK > 2018-05-21 14:48 | Report Abuse

Sell kah?

Hermit

138 posts

Posted by Hermit > 2018-05-24 17:32 | Report Abuse

Sunway Construction Group Bhd (SunCon) has bagged two construction jobs worth a total of RM69.5 million.

http://www.theedgemarkets.com/article/suncon-bags-piling-projects-worth-rm695m

-> Bargain price probably due to market sentiment

Posted by ThisIsJay > 2018-05-28 14:01 | Report Abuse

Anyone buying this?

Sales

3,269 posts

Posted by Sales > 2018-05-28 21:30 | Report Abuse

Not to worry, is a reputable company.

Posted by KarMeng Au > 2018-05-28 21:51 | Report Abuse

HSR is cancelled by government today. Any idea about ECRL?

Data5000

388 posts

Posted by Data5000 > 2018-05-30 14:01 | Report Abuse

Ini Kali lah

Syndicates

882 posts

Posted by Syndicates > 2018-05-30 14:33 | Report Abuse

lrt 3 scrapped off?

Posted by Vincent Chua > 2018-05-30 16:13 | Report Abuse

1.77 per share!? What's going on? MRT3 and LRT3 all on hold?

Hermit

138 posts

Posted by Hermit > 2018-05-30 16:47 | Report Abuse

Panic selling is it, Gov only scrap MRT 3. Not LRT 3

https://www.thestar.com.my/news/nation/2018/05/30/govt-scraps-mrt-3-project/

Hermit

138 posts

Posted by Hermit > 2018-05-30 16:48 | Report Abuse

LRT 3 is ongoing lol

Posted by Enemiemannan > 2018-05-30 17:46 | Report Abuse

will the government re nego the contract sign? if to be revised, will this counter be affected? government now is finding every possible way to cut down the cost

Jarklp

175 posts

Posted by Jarklp > 2018-05-31 18:35 | Report Abuse

Any renegotiate means more contracts in future.. not all bad. Suncon has good bookorder.. can last for quite a while with strong parent company support. The valuation looks attractive.

Posted by leon1061 > 2018-05-31 21:40 | Report Abuse

got affected or not from cancellation of project, Suncon also drop. Funny stock. Dun buy la for now...next wednesday after cabinet meeting annouce news regarding ECRL, drop again.

James Yeo

61 posts

Posted by James Yeo > 2018-06-01 18:48 | Report Abuse

This is one of the stocks being affected by the recent surprising Malaysia election outcome. Find out the other such stocks here -> https://klse.i3investor.com/blogs/small_cap_asia/159230.jsp

Hermit

138 posts

Posted by Hermit > 2018-06-05 13:27 | Report Abuse

Thanks for the share @James_Yeo

Joeyliew

58 posts

Posted by Joeyliew > 2018-06-06 14:26 | Report Abuse

Suncon very good management, still got lots of order book on hand.

Posted by Allow1978 > 2018-06-12 11:10 | Report Abuse

Joeyliew Suncon very good management,
06/06/2018 14:26

Agreed, worked for SUNCON before.
Good working culture-minimum corruption/lobang issue and not depend on Government projects, good in project management and long term planning.

A good construction shares will not let you die or go burn.

Look at share price trend below
Mudajaya
IJM
Gamuda
Gadang

Data5000

388 posts

Posted by Data5000 > 2018-06-13 13:00 | Report Abuse

Buy

mrstrong

285 posts

Posted by mrstrong > 2018-06-13 19:17 | Report Abuse

buy more... TP2.4

Sales

3,269 posts

Posted by Sales > 2018-06-18 21:11 | Report Abuse

Totally agreed with you guys that Suncon is a very good management. Just keep for long term.

Posted by Allow1978 > 2018-06-19 12:46 | Report Abuse

Hope have good dividend at Aug/Sep 18 to push up the low share price :)

2387581

37 posts

Posted by 2387581 > 2018-06-21 09:37 | Report Abuse

Management said they are looking to bid for jobs at the ASEAN region

signalmw

3,314 posts

Posted by signalmw > 2018-06-21 09:56 | Report Abuse

(吉隆坡20日讯)美国总统特朗普与中国贸易纠纷升级,向中国产品征收更高关税,使中国贸易关系密切的亚洲新兴市场也受到池鱼之殃,特别是中国货品供应链的台湾、大马及新加坡,将成为最受影响的10大市场之一。

与中国贸易关系密切者皆遭殃

施罗德投资公司在报告中指出,美国向中国某些产品增收关税,牵连的新兴市场经济体,比直接出口美国市场所引起的冲击更为严重,这些国家多集中在亚洲的新兴市场。

Data5000

388 posts

Posted by Data5000 > 2018-07-05 13:22 | Report Abuse

(吉隆坡4日讯)政府检讨大型发展工程,分析员估计两年内将有1059亿令吉工程撤销,建筑业一片凄风苦雨,全年新合约恐怕剩下150亿令吉左右,远低于2017年的290亿令吉和2016年的560亿令吉。

第二季上市建筑公司获颁的国内新建筑合约共41亿令吉,虽然按年增加2%,却比第一季少10%,上半年新合约仅有87亿令吉,也比前期低18%。新合约中仅有一项超过4亿令吉,即关丹污水处理站和水管合约。

丰隆研究指出,4至6月发放的建筑工程比1至3月少,主要归因于新政府取消隆新高铁和捷运三线(MRT3),并检讨东海岸衔接铁道(ECRL)、捷运二线(MRT2)和轻快铁三线(LRT3)。

今年第一季和去年第四季新合约分别是46亿和109亿令吉,多为轻快铁三线和捷运二线配套工程。

上半年海外新合约仅1.49亿
急降87%

外国业务方面,丰隆认为,虽然第二季建筑公司并未获得任何外国新合约,但随着国内建筑业增长减缓,相信建筑公司会更积极争取海外工程。总结上半年,海外新合约总值只有1亿4900万令吉,按年急降87%。

丰隆保持建筑业的“中和”评级,推荐买进的建筑股包括怡保工程(IJM,3336,主板建筑组)和双威建筑(SUNCON,5263,主板建筑组),目标价分别是2令吉23仙和2令吉37仙。“尽管短期内国内市场料无明显改善,但建筑公司过去两年接下可观合约,平均订单覆盖率达4.9倍,这有助于保持稳定获利。”

大马投行则调低建筑业评级至“中和”,只给予金轮企业(KIMLUN,5171,主板建筑组)“买进”评级,目标价1令吉61仙。

大马投行表示,如果政府决定推行公共工程减轻外围影响,将考虑调高建筑业评级至“加码”。万一已发放的工程取消,公共财务也不利推行基建项目,则可能降级至“减码”。

lizi

1,968 posts

Posted by lizi > 2018-07-11 14:02 | Report Abuse

cost cutting begins for LRT3.

Hoi App

973 posts

Posted by Hoi App > 2018-07-12 13:44 | Report Abuse

sun con wont be up again?

2387581

37 posts

Posted by 2387581 > 2018-07-12 17:44 | Report Abuse

No drop but up amidst the news of LRT3 budget cut

Money122

982 posts

Posted by Money122 > 2018-07-15 01:37 | Report Abuse

Suncon up ;LRT3 project continue?

KM Chong

40 posts

Posted by KM Chong > 2018-07-24 14:02 | Report Abuse

this stock is neglected..
when ??

Angel

16 posts

Posted by Angel > 2018-07-25 10:50 | Report Abuse

Moving up to TP!

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-07-25 10:51 | Report Abuse

Best profit !

Posted by superbear2020 > 2018-07-31 09:41 | Report Abuse

Good counter to keep for long term? 1.91 good buy?

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