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
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 (%)
52 Weeks Range
0.48 - 0.985
52 Weeks Price Volatility (%)
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
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%
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: INDUSTRIAL SERVICES
Subsector: INDUSTRIAL SERVICES
Description:
trading looks peculiar...as though setting average price for placement? Anyway, should be close to base I believe
2 months ago
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
A disappointment. Very low volume though. The stock looks to be cornered and within their control. Just have to wait.
1 month ago
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
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
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
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
just continue collecting...this is the best time for investors. Warning...don't play contra
1 month ago
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
three black red + gap down + selling volume increasing...
the sign is very clear..
run...
3 weeks ago
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
“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
dahsyat ! this market maker really determined to squeeze every drop of blood out of stone...
2 weeks ago
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
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
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
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
sukagtl
come on chef..
2 months ago