SUNWAY CONSTRUCTION GROUP BERHAD

KLSE (MYR): SUNCON (5263)

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Last Price

3.70

Today's Change

+0.20 (5.71%)

Day's Change

3.46 - 3.86

Trading Volume

16,165,900


7 people like this.

2,263 comment(s). Last comment by NatsukoMishima 2 hours ago

pang72

52,296 posts

Posted by pang72 > 5 days ago | Report Abuse

https://theedgemalaysia.com/node/736288Jeffrey Cheah, private vehicle offload 100 mil shares in Sunway for RM485 mil

A SUCCESS ENTREPRENEUR

pang72

52,296 posts

Posted by pang72 > 5 days ago | Report Abuse

The timing for offload is incredible

mf

29,671 posts

Posted by mf > 5 days ago | Report Abuse

sell

Posted by NatsukoMishima > 5 days ago | Report Abuse

Suncon fair value around rm 2

pang72

52,296 posts

Posted by pang72 > 5 days ago | Report Abuse

I can give you one support 52wks low at $2.15

questra

205 posts

Posted by questra > 5 days ago | Report Abuse

pumped till overvalued for a long time and now the dump finally come :)

Maxlim2000

122 posts

Posted by Maxlim2000 > 4 days ago | Report Abuse

Run as fast as you can

ChloeTai

1,453 posts

Posted by ChloeTai > 4 days ago | Report Abuse

Gamuda won Penang LRT project. That means Suncon lose the bidding of that project. As a loser, its share price crashed.

Posted by Skywalker00 > 4 days ago | Report Abuse

Suncon major Data Center Project is Chinese owned.

mf

29,671 posts

Posted by mf > 4 days ago | Report Abuse

sell

Posted by DreamCommander > 4 days ago | Report Abuse

Construction stocks extend decline sharply as SunCon falls over 10%
John Lai/theedgemalaysia.com
16 Jan 2025, 01:09 pm
Updated 03:27 pm

https://theedgemalaysia.com/node/741224

Posted by Callmejholow > 4 days ago | Report Abuse

i think SunCon will get a hugeeeeee data center project soon. very soon.

nayinvest

18 posts

Posted by nayinvest > 4 days ago | Report Abuse

SunCon is pakar for DC construction. A few in Cyberjaya undertaken by them.

Maxlim2000

122 posts

Posted by Maxlim2000 > 4 days ago | Report Abuse

This is how the shark and crocodile making money........................

Michael Kwok

6,514 posts

Posted by Michael Kwok > 4 days ago | Report Abuse

Wah,really down,u see is it now lower rm 3.a yeahh.please read..
16/1/25 6.45pm
Suncon 4.32
Downgrade lower rm 3.higher cost kick in as minimum salary rm 1700.ron 95 at rm 2.6 also kick in.
1/11/24 3.18pm

Posted by Skywalker00 > 4 days ago | Report Abuse

Suncon is a well managed company. Just hope they get paid for all the DC works done for the Chinese.

HugoUPUPUP

126 posts

Posted by HugoUPUPUP > 4 days ago | Report Abuse

Looks like will below RM3?

mf

29,671 posts

Posted by mf > 4 days ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

43,158.42

-63.13

0.14%

Nasdaq

NASDAQ Composite

19,349.33

-161.90

0.82%

mf

29,671 posts

Posted by mf > 4 days ago | Report Abuse

time to collect gamuda

pang72

52,296 posts

Posted by pang72 > 4 days ago | Report Abuse

The biggest winner is tan Sri offload $500mils shares in pocket

pang72

52,296 posts

Posted by pang72 > 4 days ago | Report Abuse

Ikan bilis become vrge

Posted by DreamCommander > 4 days ago | Report Abuse

Malaysia data centre plays face further risks, JPMorgan warns as it downgrades Sunway Construction, Gamuda
Anis Hazim/theedgemalaysia.com
17 Jan 2025, 11:38 am

https://theedgemalaysia.com/node/741389

Vicky

1,633 posts

Posted by Vicky > 4 days ago | Report Abuse

Looking for 2.50 now...quick meltdown soon

Agjl

5,824 posts

Posted by Agjl > 3 days ago | Report Abuse

JP Morgan downgraded GAMUDA

markgold

334 posts

Posted by markgold > 2 days ago | Report Abuse

Can Suncon data center projects awarded before 2025 be cancelled easily by clients ?

markgold

334 posts

Posted by markgold > 2 days ago | Report Abuse

If not then the profit for 2025 and 2026 should not be affect by the news.

markgold

334 posts

Posted by markgold > 1 day ago | Report Abuse

The worst is over ?

Riaz1954

1,352 posts

Posted by Riaz1954 > 1 day ago | Report Abuse

JP Morgan is a problem itself..check out their role on financial crisis. They say one thing and do another. They are part of US mafia. US creates financial crisis diary to exit and first to renter …. That’s why they have many billionaires. The world simply follows them.

markgold

334 posts

Posted by markgold > 1 day ago | Report Abuse

JP Morgan TP for Suncon 2.50 but another international investment bank new TP for Suncon drop to 4.30 from 4.80

Posted by HKHedgeFund > 1 day ago | Report Abuse

One US fund management throw more than RM1.4billons share on total on public bank, LPI, downgrade all the construction sector for data center AI, suddenly public bank cash flow being withdrawed

markgold

334 posts

Posted by markgold > 1 day ago | Report Abuse

Buying at 3.58

markgold

334 posts

Posted by markgold > 1 day ago | Report Abuse

New US policy may affect new data center AI projects for 2025 onward and may affect the profit of Suncon for 2027 onward. Suncon profit for 2025 and 2026 will not be affected by this issue.

Posted by NatsukoMishima > 1 day ago | Report Abuse

Sun con fair value around rm 2 - 2.40 only !

Posted by NatsukoMishima > 1 day ago | Report Abuse

Markgold , 3.58 is very high risk to catch falling knife , u better cut loss now !

facsc118

341 posts

Posted by facsc118 > 1 day ago | Report Abuse

got 3.53

facsc118

341 posts

Posted by facsc118 > 23 hours ago | Report Abuse

3.43 add more

Posted by NatsukoMishima > 23 hours ago | Report Abuse

Sun con fair value around rm 2 - 2.40 only ! Markgold cut loss right now save some capital for CNY !

Agjl

5,824 posts

Posted by Agjl > 18 hours ago | Report Abuse

Good to be positive but always remember there is a black swan in the making. Japan interest rate hike…. Not sure how severe the impact but there will be impact.. just my humble 2 sen. Cheers!

Posted by NatsukoMishima > 6 hours ago | Report Abuse

Markgold , i hope u will be ok because today suncon will tumble atleast 7 - 15 %

newbie9893

2,494 posts

Posted by newbie9893 > 6 hours ago | Report Abuse

NatsukoMishima, i hope u will be ok because today suncon will up at least 7 - 15 %

markgold

334 posts

Posted by markgold > 6 hours ago | Report Abuse

NstsukoMishima, thanks for your kind advice.

Posted by HKHedgeFund > 5 hours ago | Report Abuse

Poor KLSE, only local fund management like beggar every time only want to suck malaysians traders money, this kind of malaysia market totally unacceptable.

facsc118

341 posts

Posted by facsc118 > 5 hours ago | Report Abuse

sold all at 3.61 thanks buy average price 3.48

rchi

21,403 posts

Posted by rchi > 4 hours ago | Report Abuse

NICE REBOUND

newbie9893

2,494 posts

Posted by newbie9893 > 4 hours ago | Report Abuse

NatsukoMishima, Suncon already up 7% today..what say you?

cheeseburger

2,896 posts

Posted by cheeseburger > 3 hours ago | Report Abuse

@facsc118 , thanks for selling, now you miss the boat..

Yezzy99108

416 posts

Posted by Yezzy99108 > 3 hours ago | Report Abuse

Whoever listened to Natsuko on price forecast, U will cry

Apple2353

2,069 posts

Posted by Apple2353 > 3 hours ago | Report Abuse

Ya lah.. ini Jepun tak boleh pakai lah..Nasib baik i didn't sell..

Posted by NatsukoMishima > 2 hours ago | Report Abuse

Wait n see newbie98 93 !

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