SunCon Stock Hit All Time High Since 2015, 10 'Buy' Calls by Analysts
SunCon Stock Hit All Time High Since 2015, 10 'Buy' Calls by Analysts
Sunway Construction Group Bhd (SunCon) counter hit an all time-high of RM2.99 in the first half of today's trading.
信威建筑集团有限公司（SunCon）在今天交易的上半场创下2.99令吉的历史新高。
At lunch break, the counter was trading at RM2.96, up 23 sen or 8.42% from yesterday's close.
午休时间，该柜台的交易价格为2.96令吉，较昨日收盘上涨23仙或8.42％。
The end-to-end construction solutions provider was the third top gainer counter traded on Bursa Malaysia, with 18.1 million shares exchanging hands.
这家端到端建筑解决方案提供商是马来西亚交易所交易的第三大涨幅，共有1,810万股股票易手。
SunCon counter has 10 'Buy', three 'Hold' and two 'Sell' calls, with a 12-month consensus target price of RM2.98, promising a return potential of 0.7%.
SunCon计数器有10次 “买入”、三次 “持有” 和两次 “卖出” 看涨期权，12个月的共识目标价为2.98令吉，预期回报潜力为0.7％。
In a note today, AmInvestment Bank Bhd has maintained its 'Buy' call with a higher target price (TP) of RM3.59, based on 20 times FY25F price-to- earnings (P/E), which is on par with its three-year average.
在今天的一份报告中，AmInvestment Bank Bhd维持了 “买入” 看涨期权，目标价（TP）为3.59令吉，基于 FY25F 市盈率（P/E）的20倍，与其三年平均水平持平。
SunCon subsidiary, Sunway Construction Sdn Bhd, has clinched a contract worth RM747.8 million to construct a data center for a leading US multinational technology corporation in Selangor. The project is scheduled to commence on May 15 and expected to be completed by the second quarter of 2027.
SunCon子公司Sunway Construction Sdn Bhd已签订了一份价值7.478亿令吉的合同，将在雪兰莪州为一家领先的美国跨国科技公司建造一个数据中心。该项目计划于5月15日开始，预计将于2027年第二季度完成。
In a separate report, Kenanga Investment Bank Bhd has maintained its 'Outperform' call with a TP up 5% to RM3.16 from RM3.00.
在另一份报告中，肯南加投资银行有限公司维持其 “跑赢大盘” 看涨期权，目标价从3.00令吉上涨5％，至3.16令吉。
Kenanga Research favoured SunCon for its strong job prospects of the sector as a whole with the imminent roll-out of key public infrastructure projects, its strong earnings visibility underpinned by RM6.9 billion outstanding order book and recurring jobs from parent and sister companies, and its extensive capabilities and track record in building, infrastructure, solar, mechanical, electrical and plumbing works.
Kenanga Research青睐SunCon，因为其整个行业的就业前景强劲，关键公共基础设施项目即将推出，其强劲的盈利知名度由69亿令吉的未偿订单和母公司和姊妹公司的经常性工作所支撑，以及其在建筑、基础设施、太阳能、机械、电气和管道工程方面的广泛能力和往绩。
In a note released on Friday, BIMB Securities Sdn Bhd maintained its 'Buy' call on SunCon with a higher TP of RM3.19 (from RM2.88), based on an unchanged 18 times FY25F price–earnings ratio (PER), which is in-line with the valuation for big cap construction companies, i.e. Gamuda Bhd and IJM Corporation Bhd.
在周五发布的一份报告中，BIMB Securities Sdn Bhd维持对SunCon的 “买入” 看涨期权，目标价为3.19令吉（高于2.88令吉），基于 FY25F 市盈率（PER）的18倍，这与大型建筑公司（即Gamuda Bhd和IJM Corporation Bhd）的估值一致。
"As artificial intelligence (AI) applications become increasingly prevalent, there is an expected surge in demand for data centers in Malaysia and we reckon that SunCon stands ready to seize the opportunities presented by the sector's growth," it said.
它说：“随着人工智能（AI）应用变得越来越普遍，预计马来西亚对数据中心的需求将激增，我们认为SunCon随时准备抓住该行业增长带来的机遇。”
In another report, RHB Investment Bank Bhd (RHB IB) has maintained a 'Buy' call with a TP of RM3.34, up from RM2.73.
在另一份报告中，兴业银行投资银行有限公司（RHB IB）维持了 “买入” 看涨期权，目标价为3.34令吉，高于2.73令吉。
"The stock is currently trading at a 16 times FY25 (P/E), a premium to the Bursa Malaysia Construction Index's 5-year mean of around 13 times. We take the view that this is justified given SCGB's ROE which is significantly higher than its peers and its potential to benefit from the Johor-Singapore Special Economic Zone via Sunway City Iskandar Puteri (SCIP)," said RHB IB.
“该股目前的交易价格为25财年（市盈率）的16倍，高于马来西亚证券交易所建筑指数的5年平均值约13倍。我们认为，鉴于SCGB的投资回报率明显高于同行，而且它有可能通过双威城市依斯干达尔·普特里（SCIP）从柔佛-新加坡经济特区中受益，这是合理的。” RHB IB说。
On the contrary, MIDF Amanah Investment Bank Bhd (MIDF Research) downgraded SunCon to 'Neutral' from 'Buy', with an unchanged TP of RM2.86.
相反，MIDF Amanah投资银行有限公司（MIDF Research）将SunCon的评级从 “买入” 下调至 “中性”，目标价不变，为2.86令吉。
"Rerating catalysts include stronger than expected job replenishments and swift rollout of mega projects," said MIDF Research.
MIDF Research表示：“重新评级的催化剂包括强于预期的就业补充和大型项目的迅速推出。”
Its top shareholders are Sunway Holdings Sdn Bhd with a 54.56% stake, Sungei Way Corp Sdn Bhd (10.08%) and Employees Provident Fund Board (6.79%). It has a market capitalisation of RM3.82 billion.
其最大股东是持有54.56％股份的双威控股私人有限公司、双汇集团私人有限公司（10.08％）和员工公积金委员会（6.79％）。它的市值为38.2亿令吉。