How is sunview, good or no good. Or is it the QR problem or the management hired some writer to write target 1.35 and later MIDH 1.48. These target probably will achieve 2024????
As observed, there was really something happening around the 0.76 sen region. Now that this is settled, get ready for lift off?
Reference is made to the Company’s announcements dated 30 August 2023 and 26 September 2023 in relation to the Proposed Private Placement.
On behalf of the Board, Alliance Islamic Bank Berhad (“AIS”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 12 October 2023, approved the listing and quotation of up to 46,800,000 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:
1. Sunview and AIS must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;
2. Sunview and AIS to inform Bursa Securities upon the completion of the Proposed Private Placement; and
3. Sunview to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.
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 !
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 !
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”
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Tigerchan
362 posts
Posted by Tigerchan > 2023-09-01 11:25 | Report Abuse
Now is director playing, they have to push it up to 92. Or else they themselves to buy at 84.