t has already risen from around rm4 to current level after the news announced.
From rm4.5 to rm5.1 is around 13%, and it takes roughly about half a year to materialize.
If you think that 13% return in half a year time is good enough, you can definitely buy and hold.
Some people think that they can do better than 13% in half a year with other stock, and some people doesn't have the holding power. This could be the reasons why it is still at current level, and slowly moving up to around rm5 in half a year time.
Added on February 8, 2011, 3:43 pmAnyone's still continue to buy sunway/suncity?
Added on February 8, 2011, 3:43 pmQUOTE(slts @ Dec 16 2010, 07:04 PM)
sunway will fly once shareholders voted for the merger at egm
Anyone's still continue to buy sunway/suncity?
This post has been edited by 93126668: Feb 8 2011, 03:43 PM