How many left out? SM counter left out ...

SM have bot 20.4 mil shares -v- mandate 59.8 mil shares

This is a long term investment. Company fundamental is strong. You cant expect it to be bullish is such weak market. 1.15 or lower is a good buy.

This post has been edited by LiQuiD: Aug 11 2015, 01:46 PM

SM has purchased:
Date of purchase : 11 August 2015
Number of Shares purchased : 6,483,800 Shares
Price of purchases : RM1.1532 per Share

yea bro , super duper lucky

Support? RM1.14 now

Pursuant to Section 9(2) of the Capital Markets and Services (Price Stabilisation Mechanism) Regulations 2008, RHB Investment Bank Berhad (“RHB Investment Bank”), as the Stabilising Manager, has purchased the following Shares:

Date of purchase : 12 August 2015

Number of Shares purchased : 8,533,500 Shares

Price of purchases : RM1.15 per Share

This announcement is dated 12 August 2015.

Thanks for sharing.. hope is the SM still can hold for this price... untill .. up's back

SM didn't purchase any shares today

busy day for SM

mid day closed @ 1.13 down 0.03

No more SM?>??? how come the purchase no so less????

My prediction came true!

Looks like its going to test around RM1 soon

Pursuant to Section 9(2) of the Capital Markets and Services (Price Stabilisation Mechanism) Regulations 2008, RHB Investment Bank Berhad (“RHB Investment Bank”), as the Stabilising Manager, has purchased the following Shares:

Date of purchase : 14 August 2015

Number of Shares purchased : 900,000 Shares

Price of purchases : RM1.1267 per Share

This announcement is dated 14 August 2015.

Did u buy?

Nope bro, i expect it to drop more then i'll decide.


I'm aiming to get a few other stocks though

1.04 lo... low enough?

mid day closed @ 1.05 down 0.06

how low can it go?

0.80 - 0.95

As i said earlier, their ipo price was too bloody high. Should have considered listing it below RM1. Plus the bearish market now is just going to push thing South.

Just consider another counter for example today, although EA Techniques reported a better Q2 performance, the share price still dropped.

So i guess that Sunway Con wouldn't be able to go up much unless the market turns around.


On the other hand, I have just liquidated all my shares and waiting for the right moment to enter back

Pursuant to Section 9(2) of the Capital Markets and Services (Price Stabilisation Mechanism) Regulations 2008, RHB Investment Bank Berhad (“RHB Investment Bank”), as the Stabilising Manager, has purchased the following Shares:

Date of purchase : 17 August 2015

Number of Shares purchased : 1,500,000 Shares

Price of purchases : RM1.0773 per Share

This announcement is dated 17 August 2015.

SM have purchased up to 37.9 mil shares or 63.4% of the mandate which will expire on 27/8