SUNVIEW GROUP BERHAD

KLSE (MYR): SUNVIEW (0262)

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Last Price

0.675

Today's Change

-0.015 (2.17%)

Day's Change

0.675 - 0.69

Trading Volume

1,237,400


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1,054 comment(s). Last comment by elmendaman 1 week ago

frank74

393 posts

Posted by frank74 > 2023-10-24 08:57 | Report Abuse

Hope for a breakout soon
1) Based on latest press releases on Sunview, expecting high earnings in the coming quarters, with the high order book
2) 78.6% retracement in the latest trading range
3) looking like a downward wedge pattern formed with reducing volumes. Awaiting breakout with big volume for confirmation of reversal
4) Bullish divergence
5) Very low volatility
Hold on and wait for the sharks to start swimming upstream. Good luck !

Posted by OppenHermes > 2023-10-24 11:54 | Report Abuse

Swim with sharks, then keep in view at this moment first if want to trade

Posted by OppenHermes > 2023-10-26 11:06 | Report Abuse

looks like certain sharks were leaving the sea ...

frank74

393 posts

Posted by frank74 > 2023-10-26 12:07 | Report Abuse

hahaha…sleight of hand. Hold on and you’ll see

frank74

393 posts

Posted by frank74 > 2023-10-26 23:11 | Report Abuse

When your stock is an extremely hot industry, with high earnings visibility in the next few years, and you sell a big chunk of your shares? Additionally, you’re in the midst of a placement? hahaha…more than meets the eye. In any case, timelines is up to them, so be patient ! Good luck !

faridfet

476 posts

Posted by faridfet > 2023-10-27 14:46 | Report Abuse

current PE is too high near 30x

frank74

393 posts

Posted by frank74 > 2023-10-27 15:31 | Report Abuse

As I mentioned in the mnholdings forum when it was roughly 30 cents, it’s about forward earnings. All it takes is one very good quarter to kick it off and a promise of similar quarters ahead, and we’ll have lift off.

Mnholdings is now 0.455 btw. And HLIB has a fair value of 0.59 for it.

Back to Sunview, the following is an excerpt from a recent article, which I will attach.

“ The research firm noted that at RM472.7mil, Sunview’s unbilled order book is among the highest among its peers. Its jobs are made up mainly of large-scale solar projects, most of which would be completed by FY24 ending March”

For full article, click on this link

https://www.thestar.com.my/business/business-news/2023/09/05/cgpp-initiative-expected-to-drive-sunview

I won’t go into the details of the mathematics. I think you can do that yourself. I think you get the point.

Posted by OppenHermes > 2023-10-30 11:34 | Report Abuse

Chip in when its PE is below 20x then

frank74

393 posts

Posted by frank74 > 2023-10-30 11:55 | Report Abuse

Hahaha good luck !

frank74

393 posts

Posted by frank74 > 2023-10-30 12:10 | Report Abuse

I hope sunview doesn’t move yet, because I’m still waiting for mnholdings to move further before I transfer more over. I want to collect cheap prices as it is now ! Already transferred one batch last week.

faridfet

476 posts

Posted by faridfet > 2023-10-31 15:59 | Report Abuse

kaw-kaw share disposed

frank74

393 posts

Posted by frank74 > 2023-10-31 16:05 | Report Abuse

just continue collecting...this is the best time for investors. Warning...don't play contra

Volz4321

47 posts

Posted by Volz4321 > 2023-11-07 18:58 | Report Abuse

Slowly rising

frank74

393 posts

Posted by frank74 > 2023-11-09 18:15 | Report Abuse

Technically, Samaiden, Slvest and Sunview appear to have completed major corrections.

Now just hope that the coming QR results will be good to propel them to higher levels. Fingers crossed they deliver.

Posted by seamaninvest > 2023-11-10 11:25 | Report Abuse

hopefully it will outperform in terms of qoq

Volz4321

47 posts

Posted by Volz4321 > 2023-11-11 14:54 | Report Abuse

Exactly

faridfet

476 posts

Posted by faridfet > 2023-11-15 15:50 | Report Abuse

sunview highly possible to go below 0.65.. cut loss comrades..

Volz4321

47 posts

Posted by Volz4321 > 2023-11-15 20:55 | Report Abuse

If quarter is good, share price will rocket up

faridfet

476 posts

Posted by faridfet > 2023-11-16 16:16 | Report Abuse

three black red + gap down + selling volume increasing...

the sign is very clear..

run...

frank74

393 posts

Posted by frank74 > 2023-11-16 20:46 | Report Abuse

KUALA LUMPUR (Nov 16): Sunview Group Bhd, which made its ACE Market debut in October last year, has proposed to issue up to 73.55 million new shares to identified Bumiputera investors, in order to comply with Bursa Malaysia's listing requirements.

In a Bursa Malaysia filing on Thursday, the renewable energy group said it is expected to comply with Bursa's Bumiputera equity condition by March 31, 2024, as it has met the profit requirement for companies seeking listing on the Main Market of Bursa Securities, based on its audited profit after tax of RM13.01 million for the financial year ended March 31, 2023 (FY2023).

Under the condition set by the local bourse, Sunview is required to allocate 12.50% of its enlarged issued share capital to Bumiputera investors to be approved or recognised by the Ministry of Investment, Trade and Industry within one year after achieving the profit requirement for companies seeking listing on the Main Market of Bursa Securities.

At an issuance price of 66 sen per share, the new share issuance is expected to raise about RM48.54 million. The group intends to use the proceeds to finance its working capital.

The proposed issuance is expected to be completed by the first quarter of next year.

frank74

393 posts

Posted by frank74 > 2023-11-16 20:46 | Report Abuse

“the renewable energy group said it is expected to comply with Bursa's Bumiputera equity condition by March 31, 2024, as it has met the profit requirement for companies seeking listing on the Main Market of Bursa Securities”

frank74

393 posts

Posted by frank74 > 2023-11-17 13:14 | Report Abuse

stars aligning...

frank74

393 posts

Posted by frank74 > 2023-11-22 11:14 | Report Abuse

dahsyat ! this market maker really determined to squeeze every drop of blood out of stone...

Posted by seamaninvest > 2023-11-27 10:16 | Report Abuse

time to collect some at current price ...

faridfet

476 posts

Posted by faridfet > 2023-11-27 18:10 | Report Abuse

Do not defend your position. Cut your losses. Take ur profit.

K-Den

704 posts

Posted by K-Den > 2023-11-27 20:03 | Report Abuse

tiao dy

faridfet

476 posts

Posted by faridfet > 2023-11-28 09:37 | Report Abuse

You all semua sudah kena.. k.o.. plus sunview wants miti equity allocation to be at 66 sen.. for sure people press kaw2 maa..

now all in all market react so badly from the result of kena tipu.. to be down more for few weeks..

Exit first.. save your hard earn money..

SuperA

18 posts

Posted by SuperA > 2023-11-28 10:53 | Report Abuse

When first public listed 2022-06, Revenue RM31.5 million can make profit RM1.8M, now Revenue RM204m, only can make RM1.4m, what a joke! Secondly, New issue 73.55million share volume, Director also busy selling share when share price goreng up. RUN before too late.

Jaycee89

252 posts

Posted by Jaycee89 > 2023-11-28 11:47 | Report Abuse

TP 0.35 , queue first hehehehehe

faridfet

476 posts

Posted by faridfet > 2023-11-28 13:22 | Report Abuse

@superA is correct. Sunview is not honest.

gamble

9 posts

Posted by gamble > 2023-11-28 16:45 | Report Abuse

kena gamed by sunview.

faridfet

476 posts

Posted by faridfet > 2023-11-28 23:07 | Report Abuse

Management really do not know how to manage and just want to sakau investor money.

When RM78M revenue, sunview profit RM3.2M.. now recent QR revenue RM204M but their profit RM1.4M only?

That is why market react negatively to this QR.

Hello

1,417 posts

Posted by Hello > 2023-11-29 16:06 | Report Abuse

quickly buy back!

Hello

1,417 posts

Posted by Hello > 2023-11-29 16:29 | Report Abuse

rumour says big gun collecting.

Hello

1,417 posts

Posted by Hello > 2023-11-29 16:31 | Report Abuse

report purposely do it like that to scare you off!

Hello

1,417 posts

Posted by Hello > 2 months ago | Report Abuse

chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.midf.com.my/sites/corporate/files/2023-11/sunview-cu-prospects_to_improve_from_fy25_onwards-midf-291123.pdf - MIDF Research latest coverage on Sunview . Maintain BUY target price Rm 1.13

Posted by OppenHermes > 2 months ago | Report Abuse

Wait 58 cents and average then ..

Posted by OppenHermes > 2 months ago | Report Abuse

I guess not...start rebounding again 😅

hhhiii123

644 posts

Posted by hhhiii123 > 2 months ago | Report Abuse

let's go, super bull in 2024

Posted by OppenHermes > 2 months ago | Report Abuse

The recent electricity tariff changes should spark greater use of solar energy

https://www.thestar.com.my/news/nation/2023/12/25/time-to-turnto-solar-energy-say-experts

Posted by MarketnNomad > 1 month ago | Report Abuse

nice signal today, can gogogo? daigor sleets also moving

Posted by OppenHermes > 1 month ago | Report Abuse

It does move up after private placement. Good good

Posted by foreverchung > 1 month ago | Report Abuse

rip out of the blue drop so much ah?

can collect wor?

Posted by OppenHermes > 1 month ago | Report Abuse

Ya... market sentiment is quite negative for the moment ...
If got free cash, sure can collect one 😁

SuperA

18 posts

Posted by SuperA > 1 month ago | Report Abuse

soon will be the another Water Fall Counter. Be careful

Posted by OppenHermes > 1 month ago | Report Abuse

The government will soon open up bids for Malaysia’s fifth large-scale solar (LSS) photovoltaic programme, with a quota of up to 2GW of which a developer can bid for up to 500MW

https://theedgemalaysia.com/node/698685

Posted by OppenHermes > 3 weeks ago | Report Abuse

PP today. Chance to go in when it's undergoing price correction

Posted by OppenHermes > 3 weeks ago | Report Abuse

PP today. Chance to go in when it's undergoing price correction

Posted by elmendaman > 1 week ago | Report Abuse

Looking steady lately

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