SUNWAY CONSTRUCTION GROUP BERHAD

KLSE (MYR): SUNCON (5263)

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Last Price

4.56

Today's Change

+0.13 (2.93%)

Day's Change

4.47 - 4.66

Trading Volume

5,612,500


7 people like this.

2,185 comment(s). Last comment by troy88 1 day ago

Posted by skylifttoptoptop > 2015-07-28 08:51 | Report Abuse

good morning ! welcome back !

Posted by Muhammad Jamaluddin > 2015-07-28 08:55 | Report Abuse

morning everyone...

Posted by Foresight123 > 2015-07-28 08:55 | Report Abuse

2.00?

Posted by pelaburuntung > 2015-07-28 09:01 | Report Abuse

TP by kenanga 1.40

popcorn

1,625 posts

Posted by popcorn > 2015-07-28 09:08 | Report Abuse

dropping now...
just cut loss~

popcorn

1,625 posts

Posted by popcorn > 2015-07-28 09:10 | Report Abuse

the sell volume is much much higher than the buy queue... this is bad sign~

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-28 09:11 | Report Abuse

Nobody knows what will happen next..good or bad sign, just 1st day of trading only.

popcorn

1,625 posts

Posted by popcorn > 2015-07-28 09:13 | Report Abuse

for the short term, it is bad sign....
long term dun know la~

tlbeng

905 posts

Posted by tlbeng > 2015-07-28 09:14 | Report Abuse

icon's brother, suncon :D

popcorn

1,625 posts

Posted by popcorn > 2015-07-28 09:17 | Report Abuse

Suncon, con ppl at high price at IPO day~

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-07-28 09:18 | Report Abuse

pay value rm0.20 only...now sell 1.30!!!!

kentg03

971 posts

Posted by kentg03 > 2015-07-28 09:23 | Report Abuse

going down now... con alot ppl

Posted by skylifttoptoptop > 2015-07-28 09:23 | Report Abuse

where got 0.20 ? we got it 0.11 only. Go and check the QR report, EPS 2.66. buy with confidence. if goreng or contra ready some cash to burn.

http://klse.i3investor.com/servlets/anpth/1088740.jsp

jolie3333

10 posts

Posted by jolie3333 > 2015-07-28 09:31 | Report Abuse

another malakoff IPO.
RUNNNNNNNNNNNNNNNNNNNNNNNNNNNNN

popcorn

1,625 posts

Posted by popcorn > 2015-07-28 09:31 | Report Abuse

luckily I escape within 2 minutes...
bought at 1.31 and sold at 1.29... now as low as 1.24~
really conter~

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-07-28 09:33 | Report Abuse

RM0.11???? how u get it?

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-28 09:35 | Report Abuse

popcorn, your are so lucky ! i am at 1.28, still holding.. keep it for some time~

Posted by skylifttoptoptop > 2015-07-28 09:40 | Report Abuse

Lucas, we got it from SUNWAY.

Posted by skylifttoptoptop > 2015-07-28 09:43 | Report Abuse

bigmama, good comparison with WCT, infact SUNCON revenue and profit is higher thn WCT in the report end 31mar2015.. so, SUNCON price should be more than WCT 1.38 as in today.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-28 09:47 | Report Abuse

Go, go SUNCON..towards breaking up again 1.300..

adrian0229

223 posts

Posted by adrian0229 > 2015-07-28 09:52 | Report Abuse

bigmama, how bout suncon?

Tripaka

2,960 posts

Posted by Tripaka > 2015-07-28 09:54 | Report Abuse

another icon?

tlbeng

905 posts

Posted by tlbeng > 2015-07-28 09:56 | Report Abuse

KENANGA:Recommend BUY SUNCON!>15% upside to TP of RM1.40@14x FY16E PE. Proxy to infra boom & strong orderbook. Div yld@3.0%

lol receive this from Kenanga

adrian0229

223 posts

Posted by adrian0229 > 2015-07-28 09:58 | Report Abuse

*yawn* no show

nicole76

805 posts

Posted by nicole76 > 2015-07-28 09:59 | Report Abuse

Looks like investors are pushing down the price to collect more at lower price...hope all the road block clear soon. I mean who can sell so much volume in millions unless it's some people pushing it down to collect more...patience...and good luck!! should stay above RM1.30...

Posted by SharehlderOppression > 2015-07-28 10:02 | Report Abuse

Agreed with Skylifttoptoptop.
SUNCON higher margins, profile, and dividend policy compared to Ikhmas.
SUNCON recommended dividend policy 35% of annual core profit.
Ikhmas recommend dividend policy of 20% of annual PAT.
SUNCON IPO PE 12.4x
IKHMAS IPO PE was at 13.77x
Atm market is telling us that IKHMAS is more valuable than SUNCON??
Seems to me like holders of SUNWAY mother just cashing out their free SUNCON shares to pay for their IKHMAS.

tlbeng

905 posts

Posted by tlbeng > 2015-07-28 10:04 | Report Abuse

investors don't push down price, operators do

Posted by Muhammad Jamaluddin > 2015-07-28 10:05 | Report Abuse

Semua kena CON laaaaaa

Posted by Muhammad Jamaluddin > 2015-07-28 10:08 | Report Abuse

yea.. like someone trying to push down the price... they try to buy this at lower price.. maybe NICOLE76 has a good point..

jolie3333

10 posts

Posted by jolie3333 > 2015-07-28 10:08 | Report Abuse

cepat-cepat RUNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN

Posted by Shwephyitar > 2015-07-28 10:11 | Report Abuse

abissss.... semua kena Con... damn.......

Shafi Awong

1,417 posts

Posted by Shafi Awong > 2015-07-28 10:12 | Report Abuse

BUYYYYYYYYYNOWWWWWWWWW!!My remisier told me they are going to push up back to 1.40 after finish collecting at 1.23-1.26, buy now before you miss the boat!!!

Posted by skylifttoptoptop > 2015-07-28 10:13 | Report Abuse

bigmama, we will follow you, want to buy more also below 1.1, then we talk about long term after.. haha

skyu

2,497 posts

Posted by skyu > 2015-07-28 10:14 | Report Abuse

about 10 percents of issued share trade. seems like not good trade from high to low price movement.

Shafi Awong

1,417 posts

Posted by Shafi Awong > 2015-07-28 10:16 | Report Abuse

1.23 is bottom out already! rebound to 1.40 starts 11am!!!Trust me!!!

Shafi Awong

1,417 posts

Posted by Shafi Awong > 2015-07-28 10:17 | Report Abuse

Quick while 1.23 is still available!!!Good buy now!!!

skyu

2,497 posts

Posted by skyu > 2015-07-28 10:17 | Report Abuse

from 1.2 to 1.4 collecting? rubbish remiser, most tickets at the syndicate hands, buy from us ikan bilis?

Shafi Awong

1,417 posts

Posted by Shafi Awong > 2015-07-28 10:18 | Report Abuse

oh no, 1.23 no more chance!!!Go for 1.24, you will make big profit later today!!!

rlch

4,142 posts

Posted by rlch > 2015-07-28 10:18 | Report Abuse

Why cannot move like Ikhmas?

rlch

4,142 posts

Posted by rlch > 2015-07-28 10:19 | Report Abuse

Like Ikhmas Suncon also involve in construction and new IPO.

Shafi Awong

1,417 posts

Posted by Shafi Awong > 2015-07-28 10:20 | Report Abuse

It will, but later in the afternoon!!!SURE!!!!

Jayd3

38 posts

Posted by Jayd3 > 2015-07-28 10:21 | Report Abuse

KUALA LUMPUR (July 28): BIMB Securities Research has initiated coverage on Sunway Construction Group Bhd (SCG) with a “Buy” rating at RM1.20 with a target price of RM1.43 and said that being the largest pure play construction company in Malaysia that provides end-to-end construction solutions to the customers, SCG was unique compared to the others.

In a note today, the research house said SCG will be listed in the Bursa Malaysia on July 28 offering 398.7 million existing shares or 30.8% to the public.

“Based on the IPO price of RM1.20, SCG is priced at a 12.4x of FY14 PE or 11.7x for FY15.

“We believe that it is a reasonable entry for investor for this well-established company with a commendable dividend policy.

“Based on our projection, group’s net earnings are expected to improve by 6.7% for FY15. Buy for SCG with target price of RM1.43,” it said.

popcorn

1,625 posts

Posted by popcorn > 2015-07-28 10:23 | Report Abuse

Shafi Awong hope you are right~
I just bought some at 1.23~

skyu

2,497 posts

Posted by skyu > 2015-07-28 10:25 | Report Abuse

i have 450 lots at 1.25, anyone want buy from me at 1.26?

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-28 10:25 | Report Abuse

now share market like to con people, goreng up up up, then the big shark sell make the market collapse

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-28 10:27 | Report Abuse

Patience, today price movement can't tell anythings, hold for awhile days...

Shafi Awong

1,417 posts

Posted by Shafi Awong > 2015-07-28 10:27 | Report Abuse

popcorn : It's the overall market panic that caused temporary down!! Global market is due for rebound tomorrow if not today, SUNCON will bounce back up storngly!!~1.40 intact!!

zzas

151 posts

Posted by zzas > 2015-07-28 10:27 | Report Abuse

time to buy suncon for contra today, sure profit, ipo 1.20, how low can it go...chanse in a life time.

Posted by Muhammad Jamaluddin > 2015-07-28 10:28 | Report Abuse

SHAFI AWONG.. LOOK LIKE YOU ARE RIGHT..

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-28 10:29 | Report Abuse

Shafi Awong, you are totally correct..! Tp 1.40.

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