S M's comment on SUM. All Comments
S M
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A P/E of 40.53 makes SUM quite expensive compared to its closest engineering peers on Bursa. Lets see how it goes.
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S M
Will test 450
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Powerup
i think majority of ipo will be looking at forward p/e instead of p/e
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S M
Yeap but tech counter exceptional. Their pe normally high.
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Tok Tiong
this one do tech ka? which sector?
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Powerup
yeah agree, anyhow this only for those who successfully ballot can earn big big money, too bad didn't get it through ballot
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@tok tiong, Sum Technology Berhad is involved in mechanical and electrical engineering works, contractors and consulting engineers for utilities piping and cleanroom architecture works, trading of customised industrial MVAC products and solar PV panels, and manufacturing of customised industrial MVAC products through its subsidiaries Sum Technic, Sum System, and Micronaire Global in Malaysia and the Philippines.
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Tok Tiong
My understanding Sum tech more toward industrial construction and engineering rather than technology
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Abdul khalil
this sector involved in semiconductor and AI data centre sentiment make it gonna high...mmg betul PE is too high
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Powerup
@tok tiong, i would say mixed in between
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S M
Okay have to break 50sen and maintain. Atas que kosong. Senang nk push.
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