SURIA CAPITAL HOLDINGS BHD

KLSE (MYR): SURIA (6521)

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Last Price

1.81

Today's Change

-0.05 (2.69%)

Day's Change

1.80 - 1.85

Trading Volume

9,600

Major Holders Breakdown
Current Holdings

Name

No. of Shares

Percentage

DATO TING HENG PENG

12,000

40.00%

DATO TING HENG PENG

12,000

40.00%

DATO TING HENG PENG

12,000

40.00%

Historical Transactions
From To Type No. of Shares Min Price Max Price
Discussions
2 people like this. Showing 50 of 840 comments

SincereStock

I still waiting opportunity to come back to this counter for another good run loh! hope someone SURIA will welcome me back with open arm someday after I grew up my cash capital somewhere else now, where there are plenty of present opportunities

2024-01-09 23:23

tonywong8

SincereStock, i am also hope that someone will give me shares at cheaper price after i realized profit from YTL and YTLPOWR. But, from my point of view, it is likely less chance people to sell instead they are buying. There is a guy keep buying high and no chance for us to accumulate.

2024-01-19 11:36

tonywong8

Imagine, the business will end 11 years later with profit of 50 millions per annum. No way the share will move higher.
Now, after extension of 30 years, the concession will end at 2064, with DP World coming in, 52 acres of land at town centre and monopoly port business for next 41 years, the company revenue and profit will definately increase gradually, the share price will not go back to previosly anymore.

2024-01-21 14:42

tonywong8

I have 3.12 millions unit of share and will not sell any at this price. I keep for dividend and anticipated that profit margin will increase and so do dividend based on 35% of realized profit. Hope the company may increase % of company profit for dividend.

2024-01-21 14:48

snowball2000

2.00 breached today! Port tariff hike announcement soon? Does anyone have any clue?

2024-01-24 16:04

SincereStock

@tonywong8 good for you, and good reason for continuing holding the share onward.

admit I sold too early here, luckily I did well with the cash (capital & profit taken) outside as well, APM, PENERGY and recently HARBOUR. you might be right I might not have chance to revisit this counter unless I am willing to buy back at higher price, but I see no point of doing that seeing there are still many undervalued counters outside with better upside potential, better odds out there.

but if miracle do happen and this counter price's miraclely drops while fundamental in tact, I will not hesitate to reenter this counter by then. or maybe when fundamental is clearly shown to be greatly improved in the form of consistent EPS, maybe I will consider to buy back at slightly higher premium considering the counter is still *clearly & obviously* to be still deeply undervalued

2024-01-24 23:01

SincereStock

for me personally, PE 10 is gauge for fair value in most counter, while NTA is another gauge at equal value to be deemed as fair. so in term of NTA yes this counter is still undervalued. but at the same time there are plenty of other counters with great NTA discount and consistent EPS that contributes to much lower PE

I do also understand that this counter EPS has potential to grow, but that still very vague for me despite with your convincing arguements @tonywong8. so lets see how things unfold in future, gd luck

2024-01-24 23:09

SincereStock

anyway, I am still dubious with the lack of volume rally from around Rm1 to Rm2, as compare to this company's previous history of rally especially before year 2022 which is usually facing stronger seller resistance resulting more significant volume. investors seems to be responding differently to price rally last year 2023

2024-01-25 11:08

tonywong8

Stock Last Price Change Shares Market Value % Average Cost Per Share Unrealized Gain
DAYANG 1.79 +0.02 3,800 6,802.00 1.85% 4,995.50 1.314 +1,806.50
HIBISCS 2.58 +0.03 4,500 11,610.00 3.15% 4,832.45 1.073 +6,777.55
MCEMENT 4.80 0.00 1,300 6,240.00 1.69% 5,384.61 4.142 +855.39
SURIA 2.01 +0.06 28,200 56,682.00 15.38% 32,183.57 1.141 +24,498.43
YTL 2.37 +0.05 51,700 122,529.00 33.24% 30,069.99 0.581 +92,459.01
YTLPOWR 3.91 +0.16 41,900 163,829.00 44.45% 30,042.45 0.717 +133,786.55

2024-01-25 14:03

tonywong8

This was my stocks pick at the end of 2022. I was expected huge growth in Singapore power business and it really turn out as expected. I made a lot of money from YTLPOWR and YTL and then, i bought 1 millions unit of Mcement at average price of 3.69. Hopefully, the price will go up further to 6.00 in the near turn. For Suria, i expected there will be good news announcement in the near future and price will go further north. The company is a growing stock for next few years and the capital volume is small, the stock can be easily corner. May be there is no much shares in the market now and can be easily speculated from my visualized of the traded volume.

2024-01-25 14:20

SincereStock

hopefully got chance to reenter after this QR

by the way
why NTA suddenly become 3.15 from 3.48? the losses is only 0.058 right? there are no bonus issue or share split recently. why NTA suddenly diluted that much? can it be due to too many esos?

or is it due to amortization mentioned in the QR. I did notice change in non current aseets. but isn't that amortization loss already included in this QR and only cost - RM0.058. if no, the amortization is huge costing loss of RM0.33. if so then that should be reported as -33 EPS instead of merely -0.58 EPS calculated in the QR

2024-03-01 08:44

snowball2000

It seems the adjustment is treated as an adjustment to the retained earnings but not via P&L. The important thing is that the financial statements of the Company is reflecting a true and fair view. Anyway, it is only a timing difference if one takes the view that the concession period has been effectively extended by 30 years to 2064 and it is only a matter of time all specifics will be nailed down.

2024-03-01 09:39

snowball2000

In prior year, the Group had amortised the concession assets up to 2064 commencing from
December 2022 pursuant to the approval given by the State Government for extension of
the concession period for additional thirty (30) years from 1 September 2034 to 31 August
2064, subject to terms and conditions to be mutually agreed with the State Government of
Sabah. After further assessment by the Group, the Group have to meet the condition required
by the MFRS138 to have the terms of the extension agreed in order to recognize the extended
lease in the useful lives of the concession assets. Accordingly, the amortisation period has
been revised to 2034 which is the initial concession period.
(source: page 10 of QR)

2024-03-01 09:46

snowball2000

It seems some of these additional "provisions" made in the current QR may be reversed once all terms and conditions are agreed upon with the State Government..

2024-03-01 09:48

snowball2000

Also see other PYAs under Note A4 which will have significant impacts on NTA. Is the earlier redesignation of principal officer a result of this blunder ?

2024-03-01 09:53

snowball2000

If the above interpretation is correct, opportunity to re-enter could emerge soon.... ;)

2024-03-01 09:55

SincereStock

more resignations

2024-03-03 14:22

SincereStock

not going to reenter this counter anytime soon. only consider *if* company chaos settled down and able to generate sustainable and consistent profits again, and also "if* price is discounted enough that time

2024-03-04 11:19

tonywong8

Purchase 150 lots after share price dropped 20%

2024-03-04 13:03

SincereStock

@tonywong8 still a failling knife without up rise reasons / catalyst imo

2024-03-04 14:46

Believe3222

average 80-90% seller, buyer only 10% how to up? Macam RM1.50 boleh

2024-03-04 15:27

SincereStock

@Believe3222 my TP now lower than RM1.50. if not this QR (fundamental still good) offer me RM1.50 I boleh accept la. but after this QR even RM1.0 I need to consider deep, even if buy also just a few, not like my previous profit run kind of capital investment

2024-03-04 15:39

SincereStock

but of course la without this QR price really hardly fall because of that 1 single push force. but now that force support so hard for the sake of support only now. never catch falling knife you don't know how much low it can go. see RAPID

2024-03-04 15:40

SincereStock

tadi 2k support block at RM1.88 also broken just like that. next huge support block still unseen. but this buyer got habit to push price without putting block at buy queue la from history. he will just buy up from the sell queue merely to push the price up regardless of his profit / loss. it is more like for the sake of push price only instead of collect some cheap stakes while also pushing up the price

2024-03-04 15:43

Believe3222

how you know next QR tak bagus?

2024-03-04 15:59

SincereStock

@Believe3222 where I got say next QR tak bagus? I talking about current QR a

2024-03-04 16:14

SincereStock

next QR many uncertainty we don't know what going on inside, but from what can see is a few resignations after this QR announced. audit issue? I don't know also. just play by what info we get now. @snowball2000 seems to have much clearer insights

2024-03-04 16:17

tonywong8

SincereStock, don't worried. I only pick up 150 lots, another person definately pick up more than me. Suria, going to be a growing stock.

2024-03-04 18:29

SincereStock

let's see how things unfold. I definitely liked SURIA's business (provided it still proven to be profitable in the future), now just following tight (one of my main watch list), while opportunity to reenter still haven't emerged for me

2024-03-04 18:50

tonywong8

The deal between Suria and Exsim( Bedi ) was Suria contributed 35.2 Acres of land and Exsim provided financial for the construction. The share of Bedi and Suria is 50:50 and GDV was 4.2 billions Ringgit. We don't know the conditions of agreement and if we assume the project is build for sharing, Suria will get his portion of 2.1 billions which is few times of the market capital. Whom is buying into Suria is very obvious.

2024-03-07 09:50

Dehcomic01

You may think that being a privatized port operator for the whole of Sabah would make Suria Capital a company with good returns. Unfortunately over the past 12 years, the company only achieved an average ROE of 6%. https://i.postimg.cc/4NqfFSsN/Suria-Cap-returns.png

In fact quite a substantial part of its profits came from non-port operations such as property and investments.

I think this is because the economic activities in Sabah is not as developed as those in Peninsular Malaysia. While it is a growing economy and it may some time before we see Suria Capital benefiting from this.

Moral of the story? This is really a stock for the very long-term investor at the current market price. https://www.youtube.com/watch?v=Nt4SPcMEqN8

2024-03-14 11:53

rocket2000

Moral of the story is those who's holding with generous profits are diamond hands with silent mouths (hands), while those who missed out or wants to enter cheap are coming out with ways to calm their unsettled minds.

2024-03-19 17:11

Believe3222

the pattern macam nak meletup dah

2024-04-01 15:35

snowball2000

so long, SURIA.... ;)

2024-05-08 10:34

Ran271221

EPS 4.3 sen

2024-05-24 12:52

fairyz

Crazy run from Nov 23, can this counter sustain above rm2?

Still no news on privatization offering though

2024-05-26 16:59

SincereStock

seems like speculations to goreng only, don't even have rumours on privatization after goreng for so long already

2024-06-11 14:01

tonywong8

From the Q&A of AGM 24, management replied that implementation of full tariff is anticipated to take place in Q3 24. Hopefully there is no delay.

2024-06-20 22:34

tonywong8

Hope to see signing of agreement with DP World plus announcement of increase tariff.

2024-08-19 10:02

tonywong8

Hope to see signing agreement with DP World and come with tariff increase of at least 10% soon.

2 months ago

tonywong8

Profit will be increased by 1/3 margin or 20 cents per quarter

2 months ago

fairafaizal22

hi sir @tonywong8, im new to this forum. May i ask whats ur opinion on latest Suria development?

1 month ago

fairafaizal22

selling pressure is coming, n literally no support

3 days ago

snowball2000

Without positive development, further down trending to 1.60 in the intermediate term is not inconceivable...

3 days ago

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