Sunway’s surprise accumulation of IJM stake sparks takeover speculation. On a
separate note, there have been recent news reports that Sunway Bhd (Sunway), through its
wholly-owned subsidiary Fortuna Gembira Enterpris Sdn Bhd, had accumulated 180.25m
shares or a 4.95% equity stake in IJM Corp as of 26 Feb 21. This is an increase compared
with the 59.03m shares or 1.63% equity interest as of 16 Jul 20, showing that Sunway has
been accumulating the shares in recent months. This sparks speculation of Sunway
potentially taking over IJM Corp. While we could not confirm the news, we believe there
could be cost and resources sharing synergies to be derived between IJM Corp and
Sunway’s 54.56%-owned construction arm, Sunway Construction, should the takeover

y

Go

Buy

Fly

go buy now and close eyes for 3 to 5 mths,you will thank me later.

I bought it since RM 0.60 and hold until now even those RESEARCH house keep saying sell ah sell ah, If I listen those RESEARCH house, how to earn the RM0.40

told you alr after 6 mths time covid issues solved, this share is very explosive can shot up to RM2.00, that time in deC you will say why I didnt buy.

dont forget tourism industry is main income from malaysia. you think malaysia will let it tutup meh?

This share have strong backing, what do u think?

when airasia flight nonstop flying, the revenue is very explosive

once everyone can fly, u want to buy at RM 2.00 also susah, u know its only 6 mths time only.

sometimes just SEE for fun k? LOL

PUBLIC BANK Price Target News
30/03/2021 1.10 0.70 -0.40 (36.36%) SELL KENANGA Price Target News
30/03/2021 1.10 0.90 -0.20 (18.18%) SELL HLG Price Target News
30/03/2021 1.10 0.63 -0.47 (42.73%) SELL AmInvest Price Target News
23/03/2021 1.19 0.39 -0.80 (67.23%) SELL PUBLIC BANK Price Target News
25/02/2021 0.895 0.62 -0.275 (30.73%) SELL AmInvest Price Target News
11/02/2021 0.78 0.39 -0.39 (50.00%) SELL PUBLIC BANK Price Target News
10/02/2021 0.775 0.39 -0.385 (49.68%) SELL PUBLIC BANK Price Target News
22/01/2021 0.72 0.39 -0.33 (45.83%) SELL PUBLIC BANK Price Target News
22/01/2021 0.72 0.38 -0.34 (47.22%) SELL KENANGA Price Target News
22/01/2021 0.72 0.66 -0.06 (8.33%) SELL AmInvest Price Target News
15/01/2021 0.77 0.37 -0.40 (51.95%) SELL HLG Price Target News
12/01/2021 0.705 0.39 -0.315 (44.68%) SELL PUBLIC BANK Price Target News
11/01/2021 0.72 0.66 -0.06 (8.33%) SELL AmInvest Price Target News
31/12/2020 0.88 0.68 -0.20 (22.73%) SELL MIDF Price Target News
30/12/2020 0.915 0.68 -0.235 (25.68%) SELL MIDF Price Target News
25/11/2020 0.725 0.39 -0.335 (46.21%) SELL PUBLIC BANK Price Target News
25/11/2020 0.725 0.68 -0.045 (6.21%) HOLD MIDF Price Target News
25/11/2020 0.725 0.38 -0.345 (47.59%) SELL KENANGA Price Target News
25/11/2020 0.725 0.37 -0.355 (48.97%) SELL HLG Price Target News
25/11/2020 0.725 0.66 -0.065 (8.97%) HOLD AmInvest Price Target News
10/11/2020 0.72 0.68 -0.04 (5.56%) TRADING BUY AmInvest Price Target News
27/10/2020 0.56 0.50 -0.06 (10.71%) SELL PUBLIC BANK Price Target News
26/10/2020 0.565 0.50 -0.065 (11.50%) SELL PUBLIC BANK Price Target News
26/10/2020 0.565 0.40 -0.165 (29.20%) TRADING SELL MIDF Price Target News
23/10/2020 0.60 0.50 -0.10 (16.67%) SELL PUBLIC BANK Price Target News
22/10/2020 0.575 0.44 -0.135 (23.48%) SELL AmInvest Price Target News
09/10/2020 0.61 0.50 -0.11 (18.03%) SELL PUBLIC BANK Price Target News
06/10/2020 0.64 0.50 -0.14 (21.87%) SELL PUBLIC BANK Price Target News
06/10/2020 0.64 0.46 -0.18 (28.12%) SELL HLG Price Target News
06/10/2020 0.64 0.44 -0.20 (31.25%) SELL AmInvest

semua itu research house not accurate de since last yr oct, if believe them susah liao cannot earn from 0. 7 - 1.1

Support level should be around 0.90 - 0.95 for the time being,depend on how fast is the vaccine injection in the worldwide. Full recovery take about another half year or 8 mths

If everything also believe "research " house, not suitable to invest in stock market.

I feel those research firm Sell call since OCT 2020 last year, but the sell call price never meet, buy New height price keep on surging. Moral of the story, a lot of retail and institution investors stil look good on this counter. Why? Covid will not be FOREVER in our life. We still will FLY !

Contrarian, agreed w you.

LTAT still major shareholder, KWAP minor one, can ignore.

is like that

money get stuck there wan to switch boat cannot. daxx

Yes.

I still hold

Note: Bumi Armada will release its 4Q20 results this coming Friday.

BUY,

TP: MYR0.43

yupe. fundamental is there and nice Net asset, havent game over yet.

yeah!!!

Just average boustead at 0.565 yesterday.

side effect also lesser nia

Sinovac china one is for normal citizen, those frontliner use powerful a bit one.

insas cannot chase alr, too high

also hold bumi
Bulletin Update

STOCK/SECTOR

NEWS

COMMENT

RATING

Bumi Armada

(BAB MK)

Bumi Armada announced that its facility agreement has been amended to extend the final maturity date for Tranche 1 (USD260m) of the USD660m Term Loan Facilities to 23 Nov 2022 from May 2021.



The final maturity date of 23 May 2024 for Tranche 2 (USD400m) remains unchanged. (Bursa Malaysia)

The refinancing is not a surprise to us, as management guided on it when the pandemic started – COVID-19 dragged down the recovery path of the offshore marine services segment, as well as the company’s non-core monetisation plans.



We see this exercise as alleviating Bumi Armada’s near-term financial pressure and are guided that there are no material changes to the financing terms. Hence, we maintain our earnings estimates, call, and SOP-derived TP.



Note: Bumi Armada will release its 4Q20 results this coming Friday.

BUY,

TP: MYR0.43

Insas still can masuk tak? im looking at Uzma, serbak, kerjaya and kps.

The Contrarian, just Pm you for asking some question. tq

yalo, audit?

no bonus this yr

sometimes company background is important lor

It will have uptrend in 3 to 4 mths.

dont panic. I gain from other counter as well. We need to diversify portfolio, cannot put all the Terlur into one basket.

TheContrarian . I also just PM u too.

nice to meet you Strawberry :)

u see have uptrend just average it. now i slowly recover the loss from armanda, hibicust and Lion forest and genting. still survive

New MD hair very shinny, but market like that..how

Sell and take profit alr...

LTAT is the major shareholder of Boustead, fair value of the share price is 0.80-0.95. Hold until market sentimental is recover than you can consider Sell. But not now

Just Hold!

me too, still holding 61,000 share boustead , wait for it stable. Its need sometimes, currently this couter still trade below fair value. Thats is ok, properly need some news to push up again. Need to be patient...cannot crazy de.

Boustead need wait half yr to recover to 0. 7 - 1.00 range.

0.585 can go in to keep for short to mid term, market will recover anyway, but no news to push up shars prices, only wait for market recover to average....

I buy Genting 2000 shares for recovery