Posted by gforce2 > 2021-04-12 16:02 | Report Abuse

Had a weekend visit to Sunway Velocity. If it wasn't for the mandatory face masks, you wouldn't think that there was a pandemic still ongoing. Parking bays were full, F&B outlets were doing brisk trade, and there was even a queue to enter the AEON supermarket (to enforce crowd control and social distancing rules). Might not be long before they inject Velocity Mall assets into SUNREIT, I think.

Posted by aliyusof > 2021-04-13 16:15 | Report Abuse

https://www.theedgemarkets.com/article/sunway-has-accumulated-495-ijm-corp

Posted by florenceyong > 2021-04-15 14:38 | Report Abuse

cumulating now at 1.65

Posted by fortheemprah > 2021-04-15 15:50 | Report Abuse

Dividend ex-date was yesterday, natural for share price to retrace.

Posted by florenceyong > 2021-04-15 15:53 | Report Abuse

whatever good counter can sleep soundly. Genting also drop 20 sen, market is bad for 1 week

Posted by florenceyong > 2021-04-16 14:03 | Report Abuse

sunway GO GO GO

Posted by RainT > 2021-04-16 19:54 | Report Abuse

SUNWAY also can drop 20 sen

but just slowly only

Posted by invest icon > 2021-04-16 22:23 | Report Abuse

Good news If Sunway drop 20 sen. That give golden opportunity to add more.

Posted by faralenz77 > 2021-04-17 09:02 | Report Abuse

Sunway report 396m profit while GENTING report loss 1.024b recently.
Sunway drop 20sen means a drop of 12% while GENTING drop of 20sen means a drop of 4% only.

Posted by florenceyong > 2021-04-19 09:46 | Report Abuse

sunway wont drop for the moment, look at the chart it hold very well.

Posted by florenceyong > 2021-04-19 09:46 | Report Abuse

TP 1.84

Posted by florenceyong > 2021-04-19 09:47 | Report Abuse

Genting Malaysia is downtrend now due to 4th wave covid is coming. Get ready to get cheap this counter at 2.50 soon.

Posted by florenceyong > 2021-04-19 09:48 | Report Abuse

Sunway wont going down below 1.62 for the moment due to strong fundamental and also solid management leadership. Buy call this counter at TP 1.84

Posted by florenceyong > 2021-04-20 16:20 | Report Abuse

GOGOGOOGOGGO

Posted by florenceyong > 2021-04-22 10:55 | Report Abuse

Up Up Up

Posted by florenceyong > 2021-04-22 10:56 | Report Abuse

Sunway is a good counter with full potential.

Posted by florenceyong > 2021-04-30 10:29 | Report Abuse

very slow. collect alr since jan zzz

Posted by florenceyong > 2021-05-06 14:27 | Report Abuse

Go

Posted by aliyusof > 2021-05-06 20:14 | Report Abuse

OTHERS | https://www.klsescreener.com/v2/announcements/view/3354737

Posted by aliyusof > 2021-05-06 20:16 | Report Abuse

IPO and Listng of Sunway Healthcare Holding ....coming

Posted by shortinvestor77 > 2021-05-06 22:52 | Report Abuse

Excellent.

Posted by DeGreat > 2021-05-06 23:54 | Report Abuse

Great news

Posted by aliyusof > 2021-05-07 14:40 | Report Abuse

Any views on how this potential IPO could add value to Sunway Berhad,?

Posted by aliyusof > 2021-05-07 15:16 | Report Abuse

Thanks

Posted by florenceyong > 2021-05-07 19:01 | Report Abuse

Go

Posted by florenceyong > 2021-05-07 19:02 | Report Abuse

Collect at 1.58. Tp is 2. Healthcare hot stocks.

Posted by catalan > 2021-05-09 12:26 | Report Abuse

Tp 2 won't happen in near term, at least not this year. Few years down the road yes. With uncertainties due to Covid, definitely will affect their REIT business, and with this HIDE thingy, shopping malls are prone to closures. Construction and property sector still remained weak, and with construction materials, steel price is on the high side, means profit will be thinner. Healthcare medical side, when the international border open, then medical tourism will flourish.

I am still holding Sunway long term for the good prospects. But not expecting quick gain in short term.

Posted by florenceyong > 2021-05-10 00:32 | Report Abuse

Collect now and TP 1.98 - 2.0 in end of May.

Posted by invest icon > 2021-05-10 12:06 | Report Abuse

Anyone still remember this news?

https://www.thestar.com.my/business/business-news/2020/09/04/sunway-picks-maybank-to-help-rm1bil-healthcare-unit-stake-sale

Posted by invest icon > 2021-05-10 12:07 | Report Abuse

8 months now, with recently Medical business restructuring to park all hospital related business under SHH. Is the deal come to agreement soon?

Posted by florenceyong > 2021-05-10 15:04 | Report Abuse

collect now before too late, I am holding this for investment.

Posted by martinbartesque > 2021-05-11 13:01 | Report Abuse

invest icon, 8 months now, with recently Medical business restructuring to park all hospital related business under SHH. Is the deal come to agreement soon?

10/05/2021 12:07 PM

Hi invest icon, if the deal is really comes true, you estimate what the TP for sunway & sunway-wb wll be? Thx.

Posted by invest icon > 2021-05-11 15:35 | Report Abuse

@martinbartesque, The valuation of SHH is at about RM680m. 20% means RM136m. If the sale of 20% SHH fix at USD250m or RM1bn. This would means Sunway has extraordinary profit of 864m or 17c extra profit per share. The valuation of SHH will be recognise at least 5Bn or fair value at 86 cents higher per Sunway share. Base on current price of 1.63, The TP will be anything between 1.8 to 2.49. WB should be min 0.45 (1.8-1.35) to 1.14 (2.49-1.35) since the conversion price for WB after Oct 2023 will reduce to RM1.35

Posted by invest icon > 2021-05-11 15:39 | Report Abuse

It is reported that Management plan to list SHH in about 7 years from now. The valuation of SHH is expected to be higher than the Whole Sunway itself

Posted by martinbartesque > 2021-05-11 16:39 | Report Abuse

Invest icon, thanks for your sharing n clarification. Appreciated. Thx

Posted by aliyusof > 2021-05-11 19:12 | Report Abuse

Invest icon...listing SHH about "7 years" (or is it 7 months?) from now? Thank you.

Posted by invest icon > 2021-05-11 23:49 | Report Abuse

aliyusof, Bandar Sunway Medical Centre is the only hospital making profit. Velocity Medical Centre is a new hospital starts operates in Sept 2019 and according to last QR report, it will only starts breakeven in Q4 2021. Although this is 9 months earlier than initial projected 3 years breakeven period. Velocity Medical still not making profit yet. IPO valuation very often base on earning but not NTA. Combine two hospitals valuation is cheaper than Bandar SMC alone. Furthermore, due to COVID, year 2020 Bandar SMC profit much lower than 2019. So, unlikely Bandar SMC will list in 7 months from now. To maximize IPO value, all listing hospitals must good profit. Therefore, 7 years is a more realistic time.

Posted by invest icon > 2021-05-11 23:58 | Report Abuse

But, knowing Sunway management will not raise fund for no purpose. Base on Sunway successfully raised RM1bn last Dec and if the proposed selling 20-25% hospital stake is confirm, Sunway will have another RM1bn. This total RM2bn are the extra fund that Sunway likely to carry out significant expansion or merger & acquisitions. From the recent reported rumors in many media plus Sunway recently heavily buying 4.95% IJM CORP share. I think the next project could be related to JV/acquisition/become substantial in IJM Corp. This will be win-win situation for IJM and Sunway.

Posted by florenceyong > 2021-05-12 10:57 | Report Abuse

Collect at 1.58. Tp is 2. Healthcare hot stocks.

Posted by florenceyong > 2021-05-12 11:01 | Report Abuse

Collect at 1.58. Tp is 2. Healthcare hot stocks. Same thing i mention in Minda earlier

Posted by aliyusof > 2021-05-12 11:16 | Report Abuse

Thank you Invest Icon

Posted by aliyusof > 2021-05-12 11:22 | Report Abuse

(Sunway + IJM) has better chance to materialize than ( IWK + IJM )

Posted by martinbartesque > 2021-05-12 11:24 | Report Abuse

sunway & sunway wb are going up. Seems coming

Posted by invest icon > 2021-05-12 11:29 | Report Abuse

Sunway Property is strong in Klang Valley and IJM is strong in Seremban onwards towards centre south. IJM has Highway, Ports, Plantation which will be make Sunway more complete business company. IJM at the same time their property will be added value by using Sunway brand

Posted by aliyusof > 2021-05-13 09:15 | Report Abuse

Bumi Armada, Gamuda, Sunway added to MSCI Malaysia small cap index....Source: The Star

Posted by invest icon > 2021-05-13 21:13 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/05/12/bumi-armada-gamuda-sunway-added-to-msci-malaysia-small-cap-index

Posted by aliyusof > 2021-05-16 17:07 | Report Abuse

https://www.theedgemarkets.com/article/sunway-launch-rm115-bil-project-cochrane-2023

Posted by martinbartesque > 2021-05-18 18:58 | Report Abuse

Bollinger band breakout. Good sign

Posted by serendipity89 > 2021-05-19 21:28 | Report Abuse

market cap 8.2bil. if they sold their 20% healthcare stake at 1bil to private funds. means healthcare business itself is worth 5bil. so the rest of sunway business only work 3.2bil? seems very undervalued

Posted by invest icon > 2021-05-19 23:46 | Report Abuse

If the SHH deal is successful. The Potential fair value for SHH should be far more than 5Bn. Otherwise no strategic investor would like to invest at non listing company with so high PE.