SUNWAY CONSTRUCTION GROUP BERHAD

KLSE (MYR): SUNCON (5263)

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Last Price

4.55

Today's Change

+0.01 (0.22%)

Day's Change

4.51 - 4.57

Trading Volume

697,200

Meeting


Ann. Date Date Time Type Venue View
Discussions
7 people like this. Showing 50 of 2,175 comments

lyetc75

Suncon CW SEP/OCT almost expiry!!!! Issued Bank press kaw kaw la!!!!

2 months ago

klee

Paktua pandai.

2 months ago

JJPTR

One of the 9 wonders of the world is found in stock market......why retailers dont buy SUNCON at 1.6 rgt but very excited to buy at 5 rgt.

The 8th Wonder of the WORLD is foreign fund/stock brokers issue buy call all over the media @ 4.5-5 rgt, but no where to be seen @1.6 rgt

2 months ago

superman_

Malaysia stock market is WONDER MARKER.... :D

2 months ago

superman_

@paktua, we in the same sampan ya. :D

2 months ago

cheeseburger

For construction, we view limited impact of the stronger MYR as most costs are local. The market has been flooded with cheap steel imports from China, and a stronger currentcy might make the imports even cheaper now.

2 months ago

superman_

I see either IB, insider or big fund is dumpling purposefully to get this low. I saw thy do not want the price to up but down. I saw they is sudden add on sell q 2000 lots @4.30, we wait for manipulate done, hopefully the uptrend coming....

2 months ago

Whiteytey

Sold all at 4.44

2 months ago

pang72

SUNCON drop 9.5% 45c to $4.25..
Construction dream is over

2 months ago

pang72

Next Monday will plunge below $4,i guess with epf selling aggressively

2 months ago

klee

When pang say die,prepare to sapu.
When pang say mnrb will be like Lpi ,u lari kuat kuat la.

2 months ago

klee

Mnrb 2.10 vs Lpi 12.48
Look left look right also cant figure how to find similarity.lol

2 months ago

Whiteytey

The fate of construction related stocks might be similar to those glove counters….

2 months ago

shareinvestment7

Absolutely non sense if compare construction companies with glove companies. They will only have same fate if and only there are massive entry of china construction players entering Malaysia market, tender for all the data center projects and semi conductor facilities. Or All the upcoming local mega infrastructure given to china construction players instead of Gamuda, IJM and Suncon. If you do not foresee all these happening, stop your illusion.

2 months ago

Icon 888

Run for ur life .. crisis

2 months ago

klee

collecting..

2 months ago

cheeseburger

Fear factor episode 2

2 months ago

klee

tmr collect another batch

2 months ago

ChloeTai

The first support at 4.15 broken. The next support is at 3.75. Today 5.8.24 closed at 3.90.

2 months ago

Bowmann

Tmr 3.50 ?

2 months ago

Ellyn20

Tomorrow 3.0

2 months ago

klee

adding..

2 months ago

Bowmann

Sunway Construction Group Bhd is recovering from the a correction earlier in the week as it bounced off the 50-day simple moving average (SMA) to maintain a positive trend.

The share rose for a second straight day yesterday as it attempted to reach a resistance at RM4.70, en route to a historical trading peak of RM5.18.

The technical indicators are showing a recovery from oversold positions with the slow-stochastic rising to 29 points while the 14-day relative strength index (RSI) bounced off the oversold line to retrace to 48 points.

However, the daily moving average convergence and divergence (MACD) histogram shows falling momentum. A change in direction in the indicator would signal a return to buying interest.

Support for the stock is found at RM3.81 and RM3.30.

2 months ago

cheeseburger

if you dont know how to read MACD, dont pretend you are expert...the MACD is showing a recovery path and trend of crossing. Buy call sign

2 months ago

troy88

Fundamentals unchanged for 3 kings of construction Gamuda, Suncon, IJM

2 months ago

paperplane

weakholders selling during drop crying now thinking they are sor chai

2 months ago

gohkimhock

sometimes a temporary drop will present us with some very good opportunities to grab good stocks at discounted price. This opportunity dont come always. I always like Sunway group. They are one of the best managed conglomerate in Msia.

2 months ago

lyetc75

EPF collecting la!!!

2 months ago

Bowmann

I followed EPF buying last Monday 😁

2 months ago

klee

sold

2 months ago

Bowmann

Hold until it goes back up to RM5

1 month ago

stockpicker888

Even RHB research admit they were “too optimistic “. Ahahahahaha

1 month ago

Ninja _07

All Property counters down

1 month ago

HugoUPUPUP

What happen to all property&contrustion stocks?

1 month ago

speakup

Pmx undurlah
Everyday >600 kaunter red but CI green

1 month ago

stockpicker888

No one asking why, when many construction and property stocks raised above +100%? And now drop just over 30%, many people start to ask?

Whatever goes up , must finally come down to its fair value, simple principle.

1 month ago

Ellyn20

Profit taking is also a full time job, when the right time comes, u sell. Unlike us work 8-5 in the office and long term investor only

1 month ago

Bowmann

To be fair, must ask. Why Suncon shoots up today ? 😆

1 month ago

Bowmann

Investments in Malaysia up 18% to RM160 billion in first half of the year 😮

https://www.nst.com.my/business/economy/2024/09/1100782/pm-investments-malaysia-18pct-rm160b-first-half-year

1 month ago

ChloeTai

Good News this morning. Here are the key points:

Fed Cuts Rates: The Federal Reserve cut interest rates by half a percentage point, citing increased confidence in inflation moving towards 2%.

Economic Projections: Policymakers expect further rate cuts, with the benchmark rate falling to 2.75%-3% by 2026.

Market Reactions: US stocks gained, the US dollar fell, and Treasury yields dropped following the announcement.

Labour Market Concerns: The Fed’s decision reflects concerns about a potential slowdown in the job market, despite progress on inflation.

3 weeks ago

ChloeTai

The reduction of interest rate will benefit property, infrastructure, utility companies while lower interest rates can present challenges for banks.

3 weeks ago

ChloeTai

The real bull run is finally here in Bursa Malaysia for property and infrastructure companies as the import of building and construction materials becomes cheaper because of a weaker USD compared to RM.

3 weeks ago

ChloeTai

https://theedgemalaysia.com/node/727236
Singapore stock market heading to 17-year high on US 0.5% rate cut.
KLSE property and construction companies will follow.

3 weeks ago

ChloeTai

SunCon all time high is RM5.18. Still got RM0.64 to catch up from RM4.54 closing price of today (19.09.2024).

3 weeks ago

troy88

Correction over. Watch the rally to new heights!

3 weeks ago

kancs3118

Congrats to all suncon shareholders... I made a mistake by betting on the wrong horse (IJM) - although making money but not as much - as compared to investing in SunCon.

2 weeks ago

minichart

For FY24-26, Suncon’s revenue is expected to grow, fueled by strong demand for DC construction. The company’s EBITDA for FY24F is projected at RM304 million, increasing to RM498 million in FY25F. Net profit for FY25F is expected to reach RM322.6 million, a significant increase from RM190.9 million in FY24F.

https://www.minichart.com.sg/2024/09/24/sunway-construction-group-bhd-powering-growth-through-data-centers-and-diversification/

2 weeks ago

nayinvest

SunCon is very much involved in DC construction in Cyberjaya. Completed one & now handling 2 more including for Amazon. It’s not from reading news but I see it myself.

2 weeks ago

HugoUPUPUP

@kancs3118
Same with u bet on IJM😢

2 weeks ago

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