SUNVIEW GROUP BERHAD

KLSE (MYR): SUNVIEW (0262)

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Last Price

0.61

Today's Change

-0.02 (3.17%)

Day's Change

0.605 - 0.63

Trading Volume

3,852,800

Overview

Market Cap

286 Million

NOSH

468 Million

Avg Volume (4 weeks)

2,488,631

4 Weeks Range

0.595 - 0.73

4 Weeks Price Volatility (%)

11.11%

52 Weeks Range

0.48 - 0.985

52 Weeks Price Volatility (%)

25.74%

Previous Close

0.61

Open

0.63

Bid

0.605 x 155,200

Ask

0.61 x 1,351,700

Day's Range

0.605 - 0.63

Trading Volume

3,852,800

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2023 [#2] | 27-Nov-2023

Next QR | Est. Ann. Date

31-Dec-2023 | 28-Feb-2024

T4Q P/E | EY

25.02 | 4.00%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.11 | 5.32

T4Q NP Margin | ROE

2.08% | 21.25%

Market Buzz
Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: INDUSTRIAL SERVICES

Subsector: INDUSTRIAL SERVICES

Description:

Discussions
Be the first to like this. Showing 50 of 1,040 comments

sukagtl

come on chef..

2 months ago

SoloInvestor07

next wave on the way

2 months ago

Rocket888

gg

2 months ago

elmendaman

Why gg, SUNVIEW looking good these day

2 months ago

Cheers

Buy at 0.40 all start to throw klse not good.

2 months ago

frank74

trading looks peculiar...as though setting average price for placement? Anyway, should be close to base I believe

2 months ago

tomwah

washing finish up trend continue

1 month ago

OppenHermes

Will go up after Budget 2024

1 month ago

kl_guy

sarawak and sabah going for solar hybrid under 2024 budget. solar play theme

1 month ago

frank74

As observed, there was really something happening around the 0.76 sen region. Now that this is settled, get ready for lift off?

Reference is made to the Company’s announcements dated 30 August 2023 and 26 September 2023 in relation to the Proposed Private Placement.


On behalf of the Board, Alliance Islamic Bank Berhad (“AIS”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 12 October 2023, approved the listing and quotation of up to 46,800,000 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:


1. Sunview and AIS must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;


2. Sunview and AIS to inform Bursa Securities upon the completion of the Proposed Private Placement; and


3. Sunview to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.


This announcement is dated 12 October 2023.

Good luck ! Onwards and upwards !

1 month ago

OppenHermes

It will break 80 cents this week I guess

1 month ago

frank74

Looking pretty interesting…

1 month ago

OppenHermes

Hmm...going south instead

1 month ago

frank74

A disappointment. Very low volume though. The stock looks to be cornered and within their control. Just have to wait.

1 month ago

frank74

Hope for a breakout soon
1) Based on latest press releases on Sunview, expecting high earnings in the coming quarters, with the high order book
2) 78.6% retracement in the latest trading range
3) looking like a downward wedge pattern formed with reducing volumes. Awaiting breakout with big volume for confirmation of reversal
4) Bullish divergence
5) Very low volatility
Hold on and wait for the sharks to start swimming upstream. Good luck !

1 month ago

OppenHermes

Swim with sharks, then keep in view at this moment first if want to trade

1 month ago

OppenHermes

looks like certain sharks were leaving the sea ...

1 month ago

frank74

hahaha…sleight of hand. Hold on and you’ll see

1 month ago

frank74

When your stock is an extremely hot industry, with high earnings visibility in the next few years, and you sell a big chunk of your shares? Additionally, you’re in the midst of a placement? hahaha…more than meets the eye. In any case, timelines is up to them, so be patient ! Good luck !

1 month ago

faridfet

current PE is too high near 30x

1 month ago

frank74

As I mentioned in the mnholdings forum when it was roughly 30 cents, it’s about forward earnings. All it takes is one very good quarter to kick it off and a promise of similar quarters ahead, and we’ll have lift off.

Mnholdings is now 0.455 btw. And HLIB has a fair value of 0.59 for it.

Back to Sunview, the following is an excerpt from a recent article, which I will attach.

“ The research firm noted that at RM472.7mil, Sunview’s unbilled order book is among the highest among its peers. Its jobs are made up mainly of large-scale solar projects, most of which would be completed by FY24 ending March”

For full article, click on this link

https://www.thestar.com.my/business/business-news/2023/09/05/cgpp-initiative-expected-to-drive-sunview

I won’t go into the details of the mathematics. I think you can do that yourself. I think you get the point.

1 month ago

OppenHermes

Chip in when its PE is below 20x then

1 month ago

frank74

Hahaha good luck !

1 month ago

frank74

I hope sunview doesn’t move yet, because I’m still waiting for mnholdings to move further before I transfer more over. I want to collect cheap prices as it is now ! Already transferred one batch last week.

1 month ago

faridfet

kaw-kaw share disposed

1 month ago

frank74

just continue collecting...this is the best time for investors. Warning...don't play contra

1 month ago

Volz4321

Slowly rising

1 month ago

frank74

Technically, Samaiden, Slvest and Sunview appear to have completed major corrections.

Now just hope that the coming QR results will be good to propel them to higher levels. Fingers crossed they deliver.

1 month ago

seamaninvest

hopefully it will outperform in terms of qoq

1 month ago

Volz4321

Exactly

4 weeks ago

faridfet

sunview highly possible to go below 0.65.. cut loss comrades..

3 weeks ago

Volz4321

If quarter is good, share price will rocket up

3 weeks ago

faridfet

three black red + gap down + selling volume increasing...

the sign is very clear..

run...

3 weeks ago

frank74

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.

3 weeks ago

frank74

“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”

3 weeks ago

frank74

stars aligning...

3 weeks ago

frank74

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

2 weeks ago

seamaninvest

time to collect some at current price ...

1 week ago

faridfet

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

1 week ago

K-Den

tiao dy

1 week ago

faridfet

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..

1 week ago

SuperA

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.

1 week ago

Jaycee89

TP 0.35 , queue first hehehehehe

1 week ago

faridfet

@superA is correct. Sunview is not honest.

1 week ago

gamble

kena gamed by sunview.

1 week ago

faridfet

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.

1 week ago

Hello

quickly buy back!

1 week ago

Hello

rumour says big gun collecting.

1 week ago

Hello

report purposely do it like that to scare you off!

1 week ago

Hello

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

1 week ago

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