SUNWAY CONSTRUCTION GROUP BERHAD

KLSE (MYR): SUNCON (5263)

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Last Price

4.66

Today's Change

+0.12 (2.64%)

Day's Change

4.54 - 4.66

Trading Volume

195,800


7 people like this.

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

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-29 11:41 | Report Abuse

share market very funny, many people buying few hundred thousand , suddenly 1 person selling 100, the price drop wtf

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2015-07-29 12:15 | Report Abuse

@tlbeng 10:09 I see your point there about MRCB. True, SunCon's financials are better than MRCB. For the investor, the former looks a better buy. But for the speculator, MRCB looks a better bet. Despite the downtrend from its 'normal' range of around 1.50.

We the small fish have to try tumpang the big guys. MRCB has political connections. Whether we like it or not is another matter, but it is among those companies that have an advantage when it comes to contracts and opportunities. Especially when the government/awarder can point to EPF being a major shareholder. The JV with George Kent - they stand a good chance. Potential for at least a 40% capital gain for the speculator when MRCB goes on an uptrend.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-29 12:16 | Report Abuse

very boring play stock market

DRYEW

255 posts

Posted by DRYEW > 2015-07-29 12:17 | Report Abuse

kinfatt999 .. u re so damn right =)

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2015-07-29 12:21 | Report Abuse

Sunway Berhad shareholders had gotten free shares of SunCon...? That partly explains why the price can't go up. For these fellows, it doesn't matter what price - they'd sell and take the cash, especially when they see SunCon failing to create a bang on listing. Have to wait for them to sell and go away first. With them around, any sign of a price rebound will see immediate selling.

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2015-07-29 12:23 | Report Abuse

Go and play the China and HSI call and put warrants. Guarantee won't be boring. But punters may have trouble sleeping at night too :-)

tlbeng

905 posts

Posted by tlbeng > 2015-07-29 12:54 | Report Abuse

yea, China warrants, guarantee the excitement you're looking for

Drago Tian

564 posts

Posted by Drago Tian > 2015-07-29 12:59 | Report Abuse

Huhuhu free gift

skyu

2,498 posts

Posted by skyu > 2015-07-29 14:11 | Report Abuse

about 170 million free share of every 10 shares of sunway hold with 1 free suncon. this come about rm 20p million worth of free shares.

but, above 50% of the shares are held by jefferey. the only people who would sell are the employees who might hold few hundreds to thousands of free shares and minority shareholders with frw hundreds to thousands of free shares. thus, to me it does nit make any big impacts of the share price.

unless, the big boys or majority shareholders are dumping including jefferey.

lastly, could not compare malakof or bstead with suncon, as suncon is build by the real business intention individual. malakof and bstead are owned by, u know i know people.


no matter what rubbish or what sweets u said about suncon, we still could not alter the price of suncon, we just wait to join the ride, either to rich man club or poor get poorer club.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-29 14:28 | Report Abuse

KLCI drop -1654.89 all hkc

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-29 15:05 | Report Abuse

i really dont understand, many people keep buying and buying, but the price cannot up, but 1 person sell 0.1 unit, the price drop, wtf

Mings Ooi

33 posts

Posted by Mings Ooi > 2015-07-29 15:11 | Report Abuse

Put too much here....luckily morning got buy some ikhmas :) :) :) at least wont let me fall sleep on suncon's boring share. Nvm, i'll still hang on keeping till it shows result i want!

Drago Tian

564 posts

Posted by Drago Tian > 2015-07-29 15:12 | Report Abuse

Very funny, sell 1 then 1 then 1.....how many they have?

edryazlan

36 posts

Posted by edryazlan > 2015-07-29 15:15 | Report Abuse

suncon shares in my opinion is more for long term investment...probably due to because it is linked with Sunway Group Berhad...plus suncon currently are involved with a lot of construction projects...that is my opinion la :)

matrix6050

1,265 posts

Posted by matrix6050 > 2015-07-29 15:16 | Report Abuse

stabilising action kicks in

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-29 15:18 | Report Abuse

i also want sell 1, 1, 1, make the market down

xenon

46 posts

Posted by xenon > 2015-07-29 15:20 | Report Abuse

agree kinfatt999.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-29 15:23 | Report Abuse

people keep buying thousand and thousand but the price cannot up, but people sell 1, can make u lose

saifol

482 posts

Posted by saifol > 2015-07-29 15:23 | Report Abuse

this one might take 1 week to break 1.320..no doubt

are_ir89

161 posts

Posted by are_ir89 > 2015-07-29 15:33 | Report Abuse

1 & 2 & 1 & 2... hahaha..

DRYEW

255 posts

Posted by DRYEW > 2015-07-29 15:35 | Report Abuse

:')

xenon

46 posts

Posted by xenon > 2015-07-29 15:36 | Report Abuse

Wish come true。saifol

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-29 15:40 | Report Abuse

the ghost kacau kacau sell 1 , 1 , 1 make the stock drop, wtf

edryazlan

36 posts

Posted by edryazlan > 2015-07-29 15:42 | Report Abuse

agree with u saifol

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-29 15:42 | Report Abuse

total buy 9,845400- vs total sell 7,217300 also cannot up

saifol

482 posts

Posted by saifol > 2015-07-29 15:47 | Report Abuse

turn mode to investor...hahah..cash is d king now!

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-29 15:49 | Report Abuse

who is the ghost come to disturd the market, sell 1, 1, 1, make the market down

DRYEW

255 posts

Posted by DRYEW > 2015-07-29 15:56 | Report Abuse

:'(

JN88

11,670 posts

Posted by JN88 > 2015-07-29 15:57 | Report Abuse

SUNCON maybe is a con company?

Drago Tian

564 posts

Posted by Drago Tian > 2015-07-29 16:04 | Report Abuse

Makan con

Drago Tian

564 posts

Posted by Drago Tian > 2015-07-29 16:08 | Report Abuse

Satu....satu ....satu.....

yctee

77 posts

Posted by yctee > 2015-07-29 16:10 | Report Abuse

Mancon, Pilecon, Icon.
All counter name end with con turns out to con people

tlbeng

905 posts

Posted by tlbeng > 2015-07-29 16:11 | Report Abuse

yesterday salcon also con people :D

Jade999

7 posts

Posted by Jade999 > 2015-07-29 16:42 | Report Abuse

cut loss everyone...

Jade999

7 posts

Posted by Jade999 > 2015-07-29 16:43 | Report Abuse

dont feed the shark...

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-29 16:46 | Report Abuse

lose 23k wtf

DRYEW

255 posts

Posted by DRYEW > 2015-07-29 16:46 | Report Abuse

exit 1.19 jor ... T.T

Jade999

7 posts

Posted by Jade999 > 2015-07-29 16:49 | Report Abuse

what to do, shark goleng up2 then drop... short sell liao...

all this year IPO like tat...

Posted by warrantlover > 2015-07-29 16:52 | Report Abuse

big IPO like this difficult to move. similar to malakoff.

Jade999

7 posts

Posted by Jade999 > 2015-07-29 16:55 | Report Abuse

wat to do ... need to divorced with sunCON.... farewell cheater...

tlbeng

905 posts

Posted by tlbeng > 2015-07-29 17:09 | Report Abuse

issue size too big, dust not yet settle
tomorrow might be another round, if you bought high, just hold
if you contra or margin, good luck

alphajack

3,685 posts

Posted by alphajack > 2015-07-29 17:10 | Report Abuse

valuations too high la..ikhmas way stronger..Dont waste your time here unless you like FD returns a year LOL. Ikhmas huat ahhhhhhhhhhh

Drago Tian

564 posts

Posted by Drago Tian > 2015-07-29 17:12 | Report Abuse

Kena con lagi

ngimng

4 posts

Posted by ngimng > 2015-07-29 17:17 | Report Abuse

Ha...

kentg03

971 posts

Posted by kentg03 > 2015-07-29 17:26 | Report Abuse

really pandai con ppl

rlch

4,142 posts

Posted by rlch > 2015-07-29 17:34 | Report Abuse

Q1 2015 EPS 2.66sen, annualized EPS 10.64sen. PE only 11 times very low.

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2015-07-29 17:39 | Report Abuse

Just a guess but I don't think SunCon will get much lower than this. It's a dividend-paying company so at least there's the consolidation of getting some payment once in a while. The construction sector is still doing fine. If I'm an investor, this looks like a good company to place some of my money in.

The only issue is capital appreciation i.e. for the price to go up. Your guess is as good as mine. But I believe this will come not too long in the future. After the dust has settled. Remember IHH. True, different industries. Many had derided it too. But it eventually got into gear after some MONTHS and giving very satisfying gains for those who had patiently waited. SunCon has quality too.

skyu

2,498 posts

Posted by skyu > 2015-07-29 18:09 | Report Abuse

too early to judge the pe, eps, and the rest. malakof also 70% dividend paying ratio. no matter what, i have reenter again at 1.180. rewind back, when i got 600 shares free from sunway, this was a big sweet gift to the sunway holders.

sunway is holding well after ex and till now. the bet is, it is either people will dump as much as possible in suncon for sweet return or buying the remaining 500 million shares floating.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-29 18:09 | Report Abuse

hold until sun rising from west,

Drago Tian

564 posts

Posted by Drago Tian > 2015-07-29 20:13 | Report Abuse

Wow, how generous rhb buy 1,000,000 share at 1.20....see the news

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