Posted by pang72 > 2024-06-11 09:56 | Report Abuse

Please be inform above!

Posted by paperplane > 2024-06-11 14:27 | Report Abuse

congrats, huat huat

Posted by James Ng > 2024-06-11 21:09 | Report Abuse

[转贴] [Video:浅谈SUNWAY CONSTRUCTION GROUP BERHAD, SUNCON, 5263] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2024-06-11-story-h-159702327

Posted by mf > 2024-06-11 22:29 | Report Abuse

5263 SUNCON, SUNWAY CONSTRUCTION GROUP BERHAD - +
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
11 Jun 2024, 17:20
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
Subject : Dealings Outside Closed Period
1. Details of Dealings Outside Closed Period
Salutation : MR
Name : Yap Kah Hoo
Designation : Others
Description of "Others" Designation : General Manager - Operations
Type of Transaction : Disposed
Date of Transaction : 11/06/2024
Description of Securities : Ordinary Shares - Direct Interest
No of Securities Transacted : 30,000
% of Securities Transacted : 0.002
Consideration : Malaysian Ringgit (MYR) 3.800
Remarks : Disposal of 30,000 ordinary shares in the open market.This
announcement is dated 11 June 2024.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Posted by paperplane > 2024-06-12 16:13 | Report Abuse

suncon is the one really building DC, and many funny jokers go recommend goreng stocks not doing any DC, so fun this goreng market.

Posted by mf > 2024-06-13 00:34 | Report Abuse

2024-06-12

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 250,000 shares on 07-Jun-2024.

Posted by mf > 2024-06-13 09:51 | Report Abuse

Price Target

Sunway Construction Group Berhad - Soaring to New Heights
Source : TA, Price Call : BUY, Price Target : 4.46
Last Price : 3.85, Upside/Downside : +0.61(15.84%)

Posted by mf > 2024-06-14 09:14 | Report Abuse

Price Target

Sunway Construction Group Berhad - Soaring to New Heights
Source : TA, Price Call : BUY, Price Target : 4.46
Last Price : 3.93, Upside/Downside : +0.53(13.49%)

Posted by Bowmann > 2024-06-26 17:20 | Report Abuse

Malaysia and Indonesia are expected to be the prime beneficiaries of rising demand for data centres due to artificial intelligence (AI) growth and Suncon is one of the top picks

https://theedgemalaysia.com/node/716663

Posted by paperplane > 2024-07-03 09:34 | Report Abuse

very strong rally, RM5 seemed possible

Posted by Hai Nguyen Thanh > 2024-07-03 09:42 | Report Abuse

Why has SunCon's stock increased significantly? Could it be related to SH2?

Posted by kkwong13 > 2024-07-03 10:04 | Report Abuse

Big opportunity on IJM, playing catchup with more AI Data center projects coming in months + super undervalued vs Gamuda for big cap.

Posted by troy88 > 2024-07-04 10:07 | Report Abuse

wow, pump and dump?

Posted by Vicky > 2024-07-04 13:59 | Report Abuse

https://theedgemalaysia.com/node/712357

Posted by Vicky > 2024-07-04 13:59 | Report Abuse

https://theedgemalaysia.com/node/717827

Posted by Vicky > 2024-07-04 14:00 | Report Abuse

This project cancellation affected Suncon as one of the vendor.

Posted by speakup > 2024-07-04 14:11 | Report Abuse

Aduh! After lunch limit down?

Posted by Ravetidus > 2024-07-04 15:43 | Report Abuse

project no go...habis liao

Posted by shareinvestment7 > 2024-07-04 17:13 | Report Abuse

Suncon order book remain solid at 7.9 billion. SH 2 power plant is never included in the order book so far as Suncon never receive official letter for EPCC. There is still many mega infrastructure and DC project in tender. If ToyoVen is having a big trouble to financial closing, then it’s better to terminate the project before EPCC work. Suncon lose nothing at this stage. It will be a bigger issue if the EPCC work halt half way due to financial issue by ToyoVen.

Posted by DickyMe > 2024-07-04 17:16 | Report Abuse

RM 2 coming soon!

Posted by yeinemesis > 2024-07-04 22:33 | Report Abuse

Still strong. Price drop below 4 and pushed up high again within one day. Deep range. Many made money from Intraday trading.

Posted by troy88 > 2024-07-05 10:17 | Report Abuse

Still a key player in DC theme. RHB TP 4.92 still intact..

Posted by paperplane > 2024-07-05 16:54 | Report Abuse

contract cancel looks like a good news instead, good for SUNCON

Posted by speakup > 2024-07-05 18:22 | Report Abuse

Yes lose more contracts please so can up more

Posted by OptionOracle > 2024-07-09 12:51 | Report Abuse

Vietnam there has to pay the termination fee to Sunway, right ?

Posted by Bowmann > 2024-07-09 14:42 | Report Abuse

Of course, otherwise people will simply terminate the contracts

Posted by zzprozaz > 2024-07-10 08:35 |

Post removed.Why?

Posted by JJPTR > 2024-07-11 09:38 | Report Abuse

Suncon @1.60 , I was searching for fund houses issue buy call. None. Now SUNCON @4.5, fund houses are issuing BUY BUY BUY like recent Malaysia election, with Loud megaphone. Normally the end is very near. @1.60 , their buy call is for selected insider. Now the same Buy call for is to invite outsider sotong to come in.

Posted by troy88 > 2024-07-11 09:40 | Report Abuse

Should be no problem hitting RM5+ backed by strong fundamentals..

Posted by icecool > 2024-07-11 12:13 | Report Abuse

looks like rm 5 coming soon

Posted by paperplane > 2024-07-11 12:21 | Report Abuse

walao, this one run faster

Posted by raymondroy > 2024-07-11 13:05 | Report Abuse

one counter that i went in and chicken out too soon :-) today it is flying like no one had even thot of..... kudos to one con.... suncon

Posted by superman_ > 2024-07-11 13:22 | Report Abuse

I also chicken out too soon,i left @3.8, if suncon really go to rm6, I think I will use an hammer to hammer my chest badly.

Posted by troy88 > 2024-07-11 15:20 | Report Abuse

Many panicked bilis got washed out during the washing down to RM3.80 only to see it rebound and fly higher..

Posted by JJPTR > 2024-07-11 15:53 | Report Abuse

JP Morgan now upgrade Bursa from 1500 to 1650.
Suncon quitely accumulated from 1.30 to 4.65 (loudly announced good bye by fund houses @4.50) . Mali mali all the sotong, foreign funds announce they just landed in Bursa in July 2024. But the high tide does not seems to show up in 1000 other counters.

Posted by speakup > 2024-07-11 16:09 | Report Abuse

Time to sailang
Ini kalilahhhhh
All in

Posted by OptionOracle > 2024-07-11 17:11 | Report Abuse

Sunway hits new high today 🔥

Posted by ChloeTai > 2024-07-11 19:10 | Report Abuse

CGS International (CIMB)
Sunway Construction (SUNCON)
ADD: Higher target price: RM5.46

https://rfs.cgsi.com/api/download?file=36c77474-3d66-42e6-9b4e-15fcc651b4d2&rpt=0E6765B2-104F-4D79-85BA-EA767E11A596

Posted by ChloeTai > 2024-07-11 19:10 | Report Abuse

Sunway Construction Group Bhd Potent combination of earnings upgrades and P/E re-rating:
■ Reiterate Add, as we raise FY24F-FY26F EPS and lift TP to RM5.46.
■ We think our FY24F new order wins of RM5.2bn, at the top end of RM4bn5bn guidance, is achievable with upsizing of existing data centre projects.
■ Re-rating thus far driven by EPS upgrades, with valuation re-rating to follow.

Focus on data centre and government infra projects:
In our view, the cancellation of Song Hau 2 thermal plant project is a setback but Suncon can now focus its resources on project flows locally particularly for data centre projects and the eventual revival of government infrastructure. Suncon has 5 data centre projects (from 4 clients) contributing 50% of its orderbook of RM7.9bn as at Jun-24. Management said it is also bidding for 4 data centre projects, most of which are in Johor.

Upsizing of existing data centre projects brings upside potential:
Suncon is witnessing upsizing of its existing data centre projects; in Jun 24, its existing RM1.7bn Sedenak data centre contract (Sedenak) was increased to RM3.2bn due to additional scope of work. We do not discount further upsizing of this contract depending on end demand. The remaining data centre projects in its orderbook are K2 (RM197m), early contractor involvement for a US MNC (RM58m) and another US MNC (RM748m). We think the potential upsizing of these may add another RM2bn-3bn of new orders in 2H24F and some may spillover into 1Q25F. 6M24 wins amounted to RM3.3bn (Fig 5) vs. our FY24F new win target of RM5.2bn (including precast) and its revised target of RM4bn5bn (from RM2.5bn-3bn). Hence, this implies incremental new wins of RM1.9bn which we believe is achievable not withstanding potential new wins from government infrastructure projects (Penang LRT and airport expansion and Johor ART) and new data centres.

Reiterate Add; we raise FY24F-FY26F EPS and TP:
We raise our FY24F/FY25F/FY26F EPS by 6%/23%/8% as we adjust the revenue recognition of some key projects, such as Sedenak which is a fast-track project to be completed by 1Q26F. We lift our SOP-derived TP to RM5.46 as we lift our forecasts and assign a higher target P/E of 22x for construction (parity with Gamuda), which we think is justified in spite of its smaller orderbook given superior ROEs and more concentrated data centre exposure. We also highlight in Fig 3 that the re-rating for Suncon over the past 1 year has largely been driven by EPS upgrades, lending weight that a valuation re-rating is justified. We like Suncon for its strong execution track record and first-mover advantage in the data centre space, 3-year EPS CAGR of 23% over FY23-FY26F, and market-leading ROEs of 23-30% for FY24-FY26F.

Posted by ChloeTai > 2024-07-11 19:13 | Report Abuse

Please hold tight-tight until the target price is achieved. Tomorrow (12 July 2024) still have more upside.

Posted by ChloeTai > 2024-07-11 20:02 | Report Abuse

Not only SUNCON closed at all time high. Its mother share (SUNWAY) also closed at all time high at RM4.10. So is GAMUDA, with all time high closing of RM7.88 after touching a high of RM7.97. All these are due to Data Centres Craze. We have to help one and other by holding them tight-tight. The AI / Data Centre Craze still have legs to run.

Posted by ChloeTai > 2024-07-12 08:36 | Report Abuse

Sunway Construction to Test RM5.00:

The construction index continues to perform strongly and is on an upward trend.

Among them, Sunway Construction (SUNCON, 5263, main board construction stock) closed at RM4.59 at the closing time, up 26.0 sen or 6.00% on the day.

Sunway Construction's daily chart shows no signs of retreat and continues to hit new highs, showing a steady upward trend.

Its daily relative strength index (RSI) indicator continues to rise and stands at 82.36.

It would move up to the resistance level of RM4.90-5.00.

Posted by troy88 > 2024-07-12 11:20 | Report Abuse

Damn bullish!

Posted by ChloeTai > 2024-07-12 11:27 | Report Abuse

KUALA LUMPUR (July 12): Hong Leong Investment Bank (HLIB) retained its 'overweight' call on the construction sector for the second half of the year (2H2024), anticipating the roll-out of big-ticket infrastructure contracts.

This should accelerate contract awards in 2H2024, potentially reaching over RM40 billion as per HLIB’s data compilation.

The house's top picks remain unchanged, namely Gamuda Bhd (KL:GAMUDA) with a 'buy' call and a target price (TP) of RM9.08 a share, and Sunway Construction Group Bhd (KL:SUNCON), with a 'buy' rating and a TP of RM5.60.

https://klse.i3investor.com/web/blog/detail/savemalaysia/2024-07-12-story-h-157020144-HLIB_upbeat_on_sizeable_roll_outs_in_2H_names_Gamuda_and_SunCon_as_favo

Posted by troy88 > 2024-07-12 11:29 | Report Abuse

Yes, Suncon and Gamuda are construction gems with still lots of upside backed by strong fundamentals

Posted by iTelex5 > 2024-07-12 16:09 | Report Abuse

wei, AJInomoto is only 60.8M shares. You don't want to buy?

Posted by Bowmann > 2024-07-12 23:02 | Report Abuse

Both Suncon and Gamuda will be involved in HSR

Posted by Bowmann > 2024-07-17 16:05 | Report Abuse

Almost pass through RM5. Keep going, Suncon 🤗

Posted by mf > 2024-07-17 16:06 | Report Abuse

Name
Last
High
Low
Chg.
Chg. %
Time
US 30
40,861.2 40,994.4 40,823.3 -93.3 -0.23%
04:03:42
US 500
5,629.5 5,666.6 5,626.5 -37.7 -0.67%
04:03:36
US Tech 100
20,169.4 20,394.0 20,148.1 -230.6 -1.13%
04:03:17

Posted by superman_ > 2024-07-17 16:12 | Report Abuse

My goodness Suncon! RM4.99!