All target prices set are achieved already, except HLIB 3.76. Got to wait for the new wave.

Sunway Health Group expansion plan. Surf using Google. We can see how powerfull Sunway Healthcare Group is.

https://www.sunway.com.my/our-businesses/healthcare/
Now is property stock bull run. Other than property, Sunway also have healthcare groups. Take a look at the above link. You can see how powerfull is Sunway Healthcare Group.

A data centre in Selangor by a US multinational technology company.

Sunway owns 51% of SunCon. SunCon won a contract worth RM757.8 million to build a data centre. If SunCon does well, it is benificial to Sunway.

Next probably Sunway will give bonus of WC shares.

Sunway-WB will expire on 3 October 2024. Now it is trading at a negative premium (-2.58%). Many will buy and convert to mother shares. WB + Exercise price = 2.060 + 1.35 = 3.41. Mother share in now 3.51. Profit = 10 sen per share.

Wow, SUNCON has woke up. Today it also break new All Time High.

Sunway is now at 24th position in KLCI
by overtaking HLFG and Genting.

Other than the KLCI compenent, hopefully Sunway can also be listed into the FTSE Asia Pacific index, just like YTLPOWER.

24 Genting 18.9 bil
25 HLFG 18.6 bil
26 Sunway 18.3 bil
27 Sime 18.0 bil
28 GenM 16.3 bil
29 Airport 15.5 bil
30 QL 14.4 bil
31 MRDIY 14.1 bil
Sunway is very close to HLFG and Genting.

During the listing of SunCon (8 years ago), Sunway's shareholders were entitled to a one-for-ten distribution-in-specie of free SunCon and post-listing, shareholders also received a 26 sen special dividend. We expect Sunway's shareholders to be rewarded similarly via the SHG value-unlocking exercise.

It is not a matter you want to list Sunway Healthcare Group (SHG) or not. It is written in the following agreement:
Under the shareholders' with Singapore's sovereign wealth fund GIC Pte Ltd, the IPO for SHG has to be completed by October 2027.

20 March 2024 : 3.24 (-8 sen). Healthy correction.

@ER88, I just saw it. It is true that Sunway has overtaken Sime.

https://www.thestar.com.my/business/business-news/2024/03/19/sunway-a-proxy-for-countrys-economic-growth
Sunway is a proxy for country's economic growth.

19 March 2024: RM3.32
TA TP 3.29 achieved
AmInv TP 3.30 achieved
RHB-OSK TP 3.53
HLIB TP 3.76

Market capitalization
26 SimeDarby 18.1 bil
27 Sunway 17.1 bil
28 GenM 16.4 bil
29 Airport 15.4 bil
30 QL 14.4 bil
31 Gamuda 14.2 bil

Still not secure, Sunway must overtake SimeDarby. Another 30 sen rise will make it overtake SimeDarby.

https://theedgemalaysia.com/node/704876
HLIB keeps 'buy' on Sunway with higher target price of RM3.76.

@ planta2. Yes HLIB has raised the TP from RM3.10 to RM3.76.

10 March 2024: RM3.10
HLIB (TP 3.10 achieved)
TA (TP 3.29)
AMINVEST (TP 3.30)
RHB-OSK (TP 3.53)

26 Sime 18.3 bil
27 Sunway 16.6 bil
28 GenM 16.4 bil
29 Airport 15.7 bil
30 QL 14.4 bil
31 Gamuda 14.0 bil
After 3.5 sen dividend, 18 March 2024 will start at RM2.98 and it must close at RM3.02. If not, will drop below GenM again.

https://theedgemalaysia.com/node/704734

Sunway Property, the property arm of Sunway Group, has unveiled Signature Campaign 2024, the third instalment of the campaign, with participating projects across the Klang Valley, Johor, Ipoh and Penang.

Today 15.03.2024, cum dividend day of 3.5 sen. Today closed at RM3.02. Next Monday, 18.03.2024 (ex-dividend day) got to begin with RM2.98. Hopefully, can go back to RM3.02 or higher. To be on the safe side, SUNWAY got to overtake GENM in terms of market capitalization, to be included into KLCI component stock.

Market Capitalization:
1. Maybank
2. PBank
3. CIMB
4. Tenaga
5. PChem
6. IHH
7. CDB
8. HLBank
9. PMetal
10. PetGas
11. MISC
12. SimePlt
13. YTLPowr
14. Nestle
15. Maxis
16. YTL
17. Axiata
18. IOIC
19. RHBBank
20. KLK
21. TM
22. PPB
23. PetD
24. Genting
25. HLFG
26. Sime
27. GenM (16.4 bil)
28. Sunway (16.3 bil)
29. QL (14.6 bil)
30. Airport (14.4 bil)
31. Gamuda (14.1 bil)
32. MRDIY
33. KLCC
34. AmBank
35. WPRTS
36. Dialog
37. Inari
38. IOIPG
39. HapSeng
40. F&N

https://topforeignstocks.com/indices/the-components-of-the-ftse-bursa-malaysia-klci-index/

Sunway managed to close at all time high at RM2.96 on 13 March 2024. Still got two more trading days before the dividend of 3.5 sen ex-date on 18 March 2024.

@Calvintaneng, which plantation stock is target of privatisation?

Dear Calvintaneng, which plantation stock is target for privatisation?

@Calvintaneng, which plantation stock is target of privatisation.

Congratulation! Calvintaneng, your Jtiasa and Taann rally today while other stocks remain flat after their quarter results.These so called fundamantally stocks will only go up 1 week in the month of their quarter results.

Congratulation! Calvintaneng, your JTIASA and TAANN rally today while other stocks remain flat after their quarter results.

With today's closing price of RM2.53, I am now having paper loss already. Why KGB only goes up in the month of results? But never mind, I can hold for the whole of FY2024.

Taurx announcement will be at 8:50 pm Malaysian time on the 7th of this month (March). If no good news, then it will drop back to original price. If got good news, it will hit limit up and no more chance to buy. Anyway, tomorrow (Thursday 7th March), I will gamble with RM10,000 first (GentingC2T), in case it is approved.

https://www.bursamalaysia.com/bm/market_information/market_statistic/securities
Just found out KGB got IDSS and RSS.

Why today drop so much (6 sen)? Genting also can rebound strongly. Any more hope for KGB?

6 March 2024
Now RM2.53/RM2.54
Affin Hwang TP: RM3.25
RHB-OSK TP: RM3.03
Kenanga TP: RM3.40

Recalculation: 102.7 × (113.7 ÷ 100) = RM116.7. Thus, 116.7 ÷ 4 = RM29.3. Why so low? I am expecting a strong first quarter in FY24. With this figure, it is even lower than the 4th quarter of FY23. I still prefer my original calculation.

Affin Hwang Investment Bank forcasts growth of 13.7%. Expected 1st quarter PAT FY2024 = (113.7 ÷ 100) × 35.7 mil = 40.6 mil.
Now RM2.59/RM2.60
Affin Hwang TP: RM3.25
RHB-OSK TP: RM3.03
Kenanga TP: RM3.40

@gohkimhock, thanks for the positive forecast that KGB will have an uptrend in 2024 until RM3.

@yeehabis02, thank you for the positve thinking. End of March will reach RM2.78. Today not so happy. Reach RM2.64, so fast drop back to TM2.59. Probably those warrant converters take profits.

@ Permutation, I take your advice. Thanks.

@Flyer: Yes RM1.38 × 1000 =RM1,380. Just now I look at the calender. I am afraid it could not make it for the dividend on 21.03.2024 (ex-date).

I saw on top, so many investors bought KGB-WB and convert to KGB mother shares (1.11 + 1.38 = 2.48). KGB now 2.56. Monday morning I will buy KGB-WB and ask registrar Boardroom Sdn Bhd to email me the conversion form. It will take T + 2 plus 8 market days. While waiting for the process, probably KGB will be higher.

@badluck666, please do not do anything to harm yourself. Money lost can gain back from other good counters.

Actually what happened yesterday morning (gab up 3 sen followed by negative 5 sen) made me very nervous. Hope today (1st March 2024), the KGB operator will make it green one whole day by absorbing all the profit taking.

13 participants in the Stock Pick Contest have KGB and KGB-WB in their portfolio, which is the highest number.

In the I3 stock pick contest, OTB is now No 2 and Gohkimhock is now No 3, where KGB, KGB-WB and YTLPOWER are in their portfolio.

US PCE (Personal Consumption Expenditure) rose 2.8% as compared to 2.9% in the previous month. Good.

Later today at 9.30 am, China will released its PMI (Purchasing Managers' Index). It must be higher than 49.2.

Up there, there is a blog which elaborates that RHB has increased the target price of KGB from RM2.64 to RM3.03.