SUNWAY CONSTRUCTION GROUP BERHAD

KLSE (MYR): SUNCON (5263)

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Last Price

4.40

Today's Change

0.00 (0.00%)

Day's Change

4.40 - 4.43

Trading Volume

18,600


7 people like this.

2,185 comment(s). Last comment by troy88 4 days ago

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-07-29 20:35 | Report Abuse

When u see institute players buying, actually it mean they r secretly selling... good luck

skyu

2,497 posts

Posted by skyu > 2015-07-29 20:38 | Report Abuse

that is stabilizing of the price.

Posted by Angie Ng > 2015-07-29 20:42 | Report Abuse

RHB is the stablizing manager of SunCon. Its their sorta their job if it falls below IPO price. See tue announcement, RHB bought 4 mil shares.

skyu

2,497 posts

Posted by skyu > 2015-07-29 20:47 | Report Abuse

when stabilizer come in, it always end up negatively. but, my hand too itchy, too pissed with yesterday cut loss, make me reenter again after seeing rebound from 1.15 to 1.18, end up buying 1.18 again at 400 lots.

Posted by Unbeatable Nick > 2015-07-29 20:49 | Report Abuse

RHB as stabilizing manager bought 1 mil shares at RM1.20 which i believe was right after the market opened in the morning

Recalled today price dropped to 1.16 then slowly climbed back to 1.20 and eventually closed at 1.18

i think sellers not so aggressive now, so there is hope price will slowly moving up from now on, hopefully!

Posted by Angie Ng > 2015-07-29 21:48 | Report Abuse

Skyu, didnt you say you have free shares as Sunway shareholder? You would have made some profit there

Cyborg

981 posts

Posted by Cyborg > 2015-07-29 22:12 | Report Abuse

Tomorrow or day after tomorrow will up kaw kaw... hihihi

skyu

2,497 posts

Posted by skyu > 2015-07-29 23:07 | Report Abuse

600 shares at 1.18 of rm 708. this is basically, peanut.

Bigbull99

1,104 posts

Posted by Bigbull99 > 2015-07-30 00:48 | Report Abuse

Won't shoot anytime soon my friends. Let the stock calm down first then it will shoot.. Give it some time. This is a very very good fundamental stock, good for long term players.

rlch

4,142 posts

Posted by rlch > 2015-07-30 05:02 | Report Abuse

Sunway shareholders got Suncon at RM 1.10. Wait for these shareholders to finish selling. Suncon directors bought at RM 1.2, 1.25.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4714021

Drago Tian

564 posts

Posted by Drago Tian > 2015-07-30 08:41 | Report Abuse

Take a good target entry price and goreng kaw kaw..

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-30 08:45 | Report Abuse

Really need to goreng kaw kaw...my price still at far to the sky at 1.280, sad case..

Drago Tian

564 posts

Posted by Drago Tian > 2015-07-30 08:49 | Report Abuse

Still holding?

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-30 08:52 | Report Abuse

Ya..still holding, too late to cut loss now, as now is the timing for plp to accumulate..:-(

popcorn

1,625 posts

Posted by popcorn > 2015-07-30 08:56 | Report Abuse

LaoLiu, you are not alone~
lets pray hard together~

timss

565 posts

Posted by timss > 2015-07-30 08:57 | Report Abuse

selling volume is too high... unless big sharks step in else, finger crossed this would not drop further.. I entered too early and holding more than 500 lots now... sigh..

rlch

4,142 posts

Posted by rlch > 2015-07-30 09:00 | Report Abuse

Hold. Wait for QR and possibly dividend announcement.

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2015-07-30 09:03 | Report Abuse

good stock...dont take short term view..

rlch

4,142 posts

Posted by rlch > 2015-07-30 09:04 | Report Abuse

This year(post GST) construction sector should do better than property sector hence we should buy construction stocks.

Posted by skylifttoptoptop > 2015-07-30 09:10 | Report Abuse

wide base big elephant leg, going up using skylift also take time. find liquidity at other counter, this one need wait 1 year after to look back.

Drago Tian

564 posts

Posted by Drago Tian > 2015-07-30 09:12 | Report Abuse

Ikhmas t+3 profit taking,

Drago Tian

564 posts

Posted by Drago Tian > 2015-07-30 09:50 | Report Abuse

I think that buy 100000 at 1.19 not ikan bilis

skyu

2,497 posts

Posted by skyu > 2015-07-30 10:12 | Report Abuse

pointless to look at the q or volume, cause volume seems fake. second day ipo, it already below ipo price. first time we meet this kinda ipo.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-07-30 10:15 | Report Abuse

1.10 not a dream

Posted by angeldanny > 2015-07-30 10:18 | Report Abuse

sad to see continue down trend..buy high px on the first day morning.....

skyu

2,497 posts

Posted by skyu > 2015-07-30 10:19 | Report Abuse

u should put it this way. price stabiliser has the obligation to maintain the price at ipo, which is 1.20 for 30days. so, for suncon, special case i assume.

skyu

2,497 posts

Posted by skyu > 2015-07-30 10:21 | Report Abuse

construction had been laggard since 2 to 3 yeas ago, although the shouting of mrt. for those who think to enter, dont enter, i think the mode is not good. i had placed the bet, so, i gotta wait and see to reduce or minimize lose.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-30 11:43 | Report Abuse

Popcorn, you buy suncon at what price? Ya, pray~...hopefully this will be the end of downtrend.

Posted by Muhammad Jamaluddin > 2015-07-30 11:44 | Report Abuse

look like someone really want this counter to stay at 1.18, i am looking 1.3 or this is a dream ..

kingsu

77 posts

Posted by kingsu > 2015-07-30 11:48 | Report Abuse

me too... the price very tempting to go now..

skyu

2,497 posts

Posted by skyu > 2015-07-30 12:04 | Report Abuse

today, still can apply ipo with slight discount, if u afford to lose.

Drago Tian

564 posts

Posted by Drago Tian > 2015-07-30 12:27 | Report Abuse

Bagui con.....haha

skyu

2,497 posts

Posted by skyu > 2015-07-30 14:30 | Report Abuse

con what? suncon did not ask u to buy ma. lu sendiri mau beli. bila naik, lu satu thank you pun tak ada. bila hangus, lu marah marah. ini saham macam ini ma, up or down only.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-30 15:00 | Report Abuse

i buy at 1.30, wtf

Posted by Mahadzir Shahab > 2015-07-30 15:24 | Report Abuse

I got a good number of units at 1.17 this morning, hi hi hi . Don't worry too much my friend. Suncon did a big package for KVMRT. They sure gonna get a package in KVMRT SSP Line.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-30 15:59 | Report Abuse

really tension buy stock, cannot up, buy what share also drop

loveyou

10 posts

Posted by loveyou > 2015-07-30 16:11 | Report Abuse

better sell it to cut loss

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-30 16:15 | Report Abuse

i dont understand , people 1.17 lose also sell, wtf

eagle10

16 posts

Posted by eagle10 > 2015-07-30 16:18 | Report Abuse

kinfatt999
Cos tommorrow is T+3, cut losses and move on.

Btw, you didnt manage to get hold of Ikhmas, the other IPO? That one at least can collect nice profit. Not all dropping, win some, lose some, we learn.

timss

565 posts

Posted by timss > 2015-07-30 16:26 | Report Abuse

You need to ask Jeffrey Cheah regarding this poor performed IPO....

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-30 16:31 | Report Abuse

i buy at 1.30, die lah,

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-30 16:31 | Report Abuse

drop very fast, up very slow

timss

565 posts

Posted by timss > 2015-07-30 16:45 | Report Abuse

The management also dumped some of their free shares. what do you think?

skyu

2,497 posts

Posted by skyu > 2015-07-30 17:00 | Report Abuse

second time failure. i sold and that is all for suncon ipo. lost about rm 2k.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-30 17:03 | Report Abuse

i think hold 5years can get good profits

cosway

81 posts

Posted by cosway > 2015-07-30 17:10 | Report Abuse

Par value 20 sen but IPO price at RM1.20, 6 times more. Don't u think it is overvalued?

traderman

7,854 posts

Posted by traderman > 2015-07-30 17:45 | Report Abuse

kinfatt999, once fall below ipo price, it means a cash out project and should cut loss immediately ... you see biohldg, eatech, sedania, xinhwa and now ikhmas, all way above ipo price and still sailing high ...

traderman

7,854 posts

Posted by traderman > 2015-07-30 17:53 | Report Abuse

depend ... see bjauto and westport

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-07-30 18:46 | Report Abuse

dont know when can up to 1.30? get con d:(

Pewuf

172 posts

Posted by Pewuf > 2015-07-30 18:56 | Report Abuse

have faith, sunway is an established branding

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