Showing posts with label SUNWAY. Show all posts
Showing posts with label SUNWAY. Show all posts
May 6, 2015
April 20, 2015
Potential Trend Reversal In 4QCY14 Transaction Value
Stock Name: SUNWAY
Company Name: SUNWAY BERHAD
Company Name: SUNWAY BERHAD
| Research House: MIDF | Price Call: TRADING BUY | Target Price: 3.97 |
April 15, 2015
April 10, 2015
Paving the Way for Another IPO
Stock Name: SUNWAY
Company Name: SUNWAY BERHAD
Company Name: SUNWAY BERHAD
| Research House: MIDF | Price Call: TRADING BUY | Target Price: 3.97 |
November 14, 2014
September 22, 2014
December 18, 2013
October 25, 2013
September 18, 2013
August 26, 2013
April 8, 2013
March 20, 2013
March 12, 2013
MIDF raises Sunway target price
Stock Name: SUNWAY
Company Name: SUNWAY BERHAD
MIDF Research raised its target price on Sunway Bhd to RM3.50 per share from RM2.96 after the construction and property group secured a RM452.5 million contract to build a bus rapid transit line in Bandar Sunway.
"We are reducing the discount as we believe sentiment towards Sunway is improving," the research house said in a note on Tuesday. It maintained a 'buy' rating on the stock.
MIDF said the RM452.5 million project will benefit Sunway even though the company has to additionally and separately contribute works estimated at a cost of RM99 million as part of its continuous corporate social responsibility initiative.
"The property segment will benefit as one of the stations is located at Sunway South Quay, an ongoing project in Sunway City," MIDF said.
"Apart from that, other segments like property investment, leisure (Sunway Lagoon Theme Park) and education (Monash University) will also benefit from enhanced connectivity," it added.
As of 10.01am, the shares were unchanged at RM2.76, while the benchmark stock index rose 0.01 per cent.-- Reuters
Company Name: SUNWAY BERHAD
| Research House: MIDF | Price Call: BUY | Target Price: 3.50 |
MIDF Research raised its target price on Sunway Bhd to RM3.50 per share from RM2.96 after the construction and property group secured a RM452.5 million contract to build a bus rapid transit line in Bandar Sunway.
"We are reducing the discount as we believe sentiment towards Sunway is improving," the research house said in a note on Tuesday. It maintained a 'buy' rating on the stock.
MIDF said the RM452.5 million project will benefit Sunway even though the company has to additionally and separately contribute works estimated at a cost of RM99 million as part of its continuous corporate social responsibility initiative.
"The property segment will benefit as one of the stations is located at Sunway South Quay, an ongoing project in Sunway City," MIDF said.
"Apart from that, other segments like property investment, leisure (Sunway Lagoon Theme Park) and education (Monash University) will also benefit from enhanced connectivity," it added.
As of 10.01am, the shares were unchanged at RM2.76, while the benchmark stock index rose 0.01 per cent.-- Reuters
March 1, 2013
February 5, 2013
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