Sunway traded high of RM 2.99

1 cent shine away from our target and we believe our modeling on undervalue stock has improved. As Sunway already achieved our target price, Allianz is 50 cents from our target. We will put more focus into Layhong, Affin, Alaqar and a new target MNRB.

3 thoughts on “Sunway traded high of RM 2.99

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  1. I didn’t know your Allianz target just aimed as RM 9 only ? I thought should just let it fly until PE 20 or at least RM 11 above ?

    1. Hi David, just to share that we are not selling. A target price is what we think min it should worth. We just stop buying Allianz and Sunway and start accumulating MNRB. We will only sell if the business model not convincing and / or PE more than 20.

      1. Yes, totally agree with what you think only if its bussiness model not convincing or PE >20…..

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