Posted by frank74 > 2023-11-16 20:46 | Report Abuse

KUALA LUMPUR (Nov 16): Sunview Group Bhd, which made its ACE Market debut in October last year, has proposed to issue up to 73.55 million new shares to identified Bumiputera investors, in order to comply with Bursa Malaysia's listing requirements.

In a Bursa Malaysia filing on Thursday, the renewable energy group said it is expected to comply with Bursa's Bumiputera equity condition by March 31, 2024, as it has met the profit requirement for companies seeking listing on the Main Market of Bursa Securities, based on its audited profit after tax of RM13.01 million for the financial year ended March 31, 2023 (FY2023).

Under the condition set by the local bourse, Sunview is required to allocate 12.50% of its enlarged issued share capital to Bumiputera investors to be approved or recognised by the Ministry of Investment, Trade and Industry within one year after achieving the profit requirement for companies seeking listing on the Main Market of Bursa Securities.

At an issuance price of 66 sen per share, the new share issuance is expected to raise about RM48.54 million. The group intends to use the proceeds to finance its working capital.

The proposed issuance is expected to be completed by the first quarter of next year.

Posted by frank74 > 2023-11-16 20:46 | Report Abuse

“the renewable energy group said it is expected to comply with Bursa's Bumiputera equity condition by March 31, 2024, as it has met the profit requirement for companies seeking listing on the Main Market of Bursa Securities”

Posted by frank74 > 2023-11-17 13:14 | Report Abuse

stars aligning...

Posted by frank74 > 2023-11-22 11:14 | Report Abuse

dahsyat ! this market maker really determined to squeeze every drop of blood out of stone...

Posted by seamaninvest > 2023-11-27 10:16 | Report Abuse

time to collect some at current price ...

Posted by faridfet > 2023-11-27 18:10 | Report Abuse

Do not defend your position. Cut your losses. Take ur profit.

Posted by K-Den > 2023-11-27 20:03 | Report Abuse

tiao dy

Posted by faridfet > 2023-11-28 09:37 | Report Abuse

You all semua sudah kena.. k.o.. plus sunview wants miti equity allocation to be at 66 sen.. for sure people press kaw2 maa..

now all in all market react so badly from the result of kena tipu.. to be down more for few weeks..

Exit first.. save your hard earn money..

Posted by SuperA > 2023-11-28 10:53 | Report Abuse

When first public listed 2022-06, Revenue RM31.5 million can make profit RM1.8M, now Revenue RM204m, only can make RM1.4m, what a joke! Secondly, New issue 73.55million share volume, Director also busy selling share when share price goreng up. RUN before too late.

Posted by Jaycee89 > 2023-11-28 11:47 | Report Abuse

TP 0.35 , queue first hehehehehe

Posted by faridfet > 2023-11-28 13:22 | Report Abuse

@superA is correct. Sunview is not honest.

Posted by gamble > 2023-11-28 16:45 | Report Abuse

kena gamed by sunview.

Posted by faridfet > 2023-11-28 23:07 | Report Abuse

Management really do not know how to manage and just want to sakau investor money.

When RM78M revenue, sunview profit RM3.2M.. now recent QR revenue RM204M but their profit RM1.4M only?

That is why market react negatively to this QR.

Posted by Hello > 2023-11-29 16:06 | Report Abuse

quickly buy back!

Posted by Hello > 2023-11-29 16:29 | Report Abuse

rumour says big gun collecting.

Posted by Hello > 2023-11-29 16:31 | Report Abuse

report purposely do it like that to scare you off!

Posted by Hello > 2023-12-01 11:32 | Report Abuse

chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.midf.com.my/sites/corporate/files/2023-11/sunview-cu-prospects_to_improve_from_fy25_onwards-midf-291123.pdf - MIDF Research latest coverage on Sunview . Maintain BUY target price Rm 1.13

Posted by OppenHermes > 2023-12-11 12:00 | Report Abuse

Wait 58 cents and average then ..

Posted by OppenHermes > 2023-12-13 14:06 | Report Abuse

I guess not...start rebounding again 😅

Posted by hhhiii123 > 2023-12-14 19:52 | Report Abuse

let's go, super bull in 2024

Posted by OppenHermes > 2023-12-26 13:21 | Report Abuse

The recent electricity tariff changes should spark greater use of solar energy

https://www.thestar.com.my/news/nation/2023/12/25/time-to-turnto-solar-energy-say-experts

Posted by MarketnNomad > 2024-01-11 16:05 | Report Abuse

nice signal today, can gogogo? daigor sleets also moving

Posted by OppenHermes > 2024-01-15 13:02 | Report Abuse

It does move up after private placement. Good good

Posted by foreverchung > 2024-01-17 15:05 | Report Abuse

rip out of the blue drop so much ah?

can collect wor?

Posted by OppenHermes > 2024-01-18 10:36 | Report Abuse

Ya... market sentiment is quite negative for the moment ...
If got free cash, sure can collect one 😁

Posted by OppenHermes > 2024-01-26 18:28 | Report Abuse

The government will soon open up bids for Malaysia’s fifth large-scale solar (LSS) photovoltaic programme, with a quota of up to 2GW of which a developer can bid for up to 500MW

https://theedgemalaysia.com/node/698685

Posted by elmendaman > 2024-01-31 18:45 | Report Abuse

Sunview, DPS in solar PV tie-up

https://www.thestar.com.my/business/business-news/2024/01/31/sunview-dps-in-solar-pv-tie-up

Posted by OppenHermes > 2024-02-02 15:50 | Report Abuse

PP today. Chance to go in when it's undergoing price correction

Posted by elmendaman > 2024-02-21 14:14 | Report Abuse

Looking steady lately

Posted by berfikir > 2024-03-01 14:45 | Report Abuse

steady...will be shoot

Posted by elmendaman > 2024-03-13 17:11 | Report Abuse

waiting for shoot up

Posted by OppenHermes > 2024-03-29 18:37 | Report Abuse

Grabbed some at 1-month low price 😉

Posted by berfikir > 2024-04-01 16:10 | Report Abuse

watch this stock

Posted by OppenHermes > 2024-04-08 16:51 | Report Abuse

RM7 billion worth of contract for Lss 5. Don't know Sunview will get some quota or not ..

https://www.bharian.com.my/bisnes/lain-lain/2024/04/1231436/ladang-solar-skala-besar-5-tawar-potensi-kontrak-rm7-bilion

Posted by elmendaman > 2024-05-08 17:15 | Report Abuse

Monitor and re-enter

Posted by TiffanixLVxHermes > 2024-05-09 11:11 | Report Abuse

something is brewing?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3443767

Posted by TiffanixLVxHermes > 2024-05-15 09:38 | Report Abuse

collect some more
😎

Posted by TiffanixLVxHermes > 2024-05-16 16:50 | Report Abuse

today collected last batch 0.645
cheers
let's monitor
😎

Posted by edithcapital > 2024-05-20 14:33 | Report Abuse

Sunview partners with Yashil Energiya to explore RE business in Uzbekistan

Posted by TiffanixLVxHermes > 2024-05-20 16:06 | Report Abuse

sold
😎

Posted by hhhiii123 > 2024-05-31 18:06 | Report Abuse

Excellent qr, hehe

Posted by hhhiii123 > 2024-06-08 07:29 | Report Abuse

Monday fly, wkakaka
https://www.thestar.com.my/business/business-news/2024/06/07/sunview-bags-rm519mil-lsspv-construction-contract

Posted by BursaKakis > 2024-06-13 20:59 | Report Abuse

Sunview Group secures large scale solar project in Uzbekistan
https://theedgemalaysia.com/node/715403

Posted by tssl74 > 2024-06-14 09:31 | Report Abuse

Gd one! Starting to move.
Thnks Bursakakis for the update!

Posted by rikki > 2024-06-14 11:49 | Report Abuse

High demand for power charges up sector.

RHB Research said it was also optimistic about the country’s solar power landscape.

“Structural growth is fuelled by a solid number of government initiatives and aided by favourable market conditions – as solar power panel prices are expected to remain soft throughout 2024,” it explained.

RHB Research noted the corporate green power programme had made significant progress, with off-taker agreements nearing finalisation and financial close on the horizon.

Anticipating more renewable-energy (RE) jobs to be awarded in the coming months, the brokerage said it also expected the announcement of five large-scale solar winners in the second half of 2024.

“Further boosting the earnings of solar players is the commercial trading of Malaysia Renewable Energy Certificates, which is designed to increase market demand for RE by allowing companies to trade certificates representing RE production,” the research house said.

https://www.thestar.com.my/business/business-news/2024/06/14/high-demand-for-power-charges-up-sector

Posted by BursaKakis > 2024-06-14 14:19 | Report Abuse

Sunview Group shares climb to eight-month high on winning two projects in Uzbekistan
https://theedgemalaysia.com/node/715468

Posted by Peace99 > 2024-06-14 16:00 | Report Abuse

Uzbekistan solar plans.....suitable for solar power: many sunny days and lots of vacant land
https://www.youtube.com/watch?v=n4M8eghjfJo

So, why not more projects for Sun view on the way?

Posted by BursaKakis > 2024-06-18 20:33 | Report Abuse

Sunview bags RM79mil solar EPCC contract in Bulgaria
https://www.thestar.com.my/business/business-news/2024/06/18/sunview-bags-rm79mil-solar-epcc-contract-in-bulgaria

Posted by seamaninvest > 2024-06-19 16:43 | Report Abuse

Sunview is getting quite a lot of contracts from the middle east 😅

Posted by JustinX78 > 2024-06-24 13:45 | Report Abuse

Rumors say Kinergy Advancement (KAB) is venturing into solar power, floating solar, battery storage, waste heat recovery, and waste-to-energy projects and is making a major expansion in Kedah ! This probably will be the next significant step for their growth. Another RE theme stock that worth watching ~