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6 comment(s). Last comment by fast 2016-02-18 08:25
Posted by ganasai > 2016-02-08 10:59 | Report Abuse
good, but share price already high.
Posted by Beza > 2016-02-16 17:05 | Report Abuse
Bought at 2.92 with 10000 units. Bangi project seen very popular (95%).
Posted by fast > 2016-02-17 09:08 | Report Abuse
Beza, I wouldn't randomly recommend Sunway as like others.
Posted by shortinvestor77 > 2016-02-17 21:39 | Report Abuse
What did you mean, fast?
Posted by fast > 2016-02-18 08:25 | Report Abuse
shortinvestor77: I meant Sunway is a good company, and I seriously recommend it.
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Mercury Securities Research
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CS Tan
4.9 / 5.0
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....
JT Yeo
1,637 posts
Posted by JT Yeo > 2016-02-07 21:53 | Report Abuse
A thing about the Sunway FCF. Large portion of capital expenditure for property companies doesn't come from acquiring property, plant & equipment but comes from buying lands. A manufacturing buy more machines to produce more products; a property needs to constantly buy more lands to sell more house (products).
Therefore the FCF is normally 'overstated' as it doesnt include money spent acquiring lands for development purposes.