Its two hospitals will open within the next two years, and it is expected that they will soon be profitable. Sunway $SUNWAY(5211.MY)$Its Sunway Medical Group may be spun off and listed as early as 2026!
According to Galaxy International Securities's latest report, 2026 is the best time for Sunway Healthcare to go public.
“Because the group's two new hospitals, Sunway Damansara Hospital (Sunway Damansara) and Sunway Ipoh Hospital, will open in the last quarter of 2024 and the first quarter of 2025, respectively, and contribute to the profit for the 2026 fiscal year (December end).”
Can incentivize Sunway's stock price
Analysts further believe that the spin-off and listing of its medical group will be a big benefit for the parent company Sunway. It is expected to repeat the history of stronger stock prices after announcing the spin-off and listing of SUNCON Construction (SUNCON, 5263, Main Board Construction) in 2014.
“From September 2014 to April 2015, Sunway's stock price increased 22%.”
Analysts added that the two new hospitals mentioned above have 334 and 258 beds, respectively, and are likely to achieve profit (EBITDA) before interest tax amortization and depreciation (EBITDA) in the 2026 fiscal year.
After the operation of the two new hospitals mentioned above, Sunway Medical Group's total number of hospital beds will increase from 1,158 as of the end of March this year to about 1,700.
Valuation reached 13.5 billion
“Today, we have raised the overall valuation of Sunway Healthcare Group to RM13.5 billion, which is 22 times the corporate price...

$SoFi Technologies(SOFI.US)$
with a huge amt of options expiring and yet holding up way above 6.5 is rather bullish…not sure about the rest of the day though~ if resistance is too strong at 6.61, double top now…it will get rejected and  slide back to 6.5 by the end of the day. if breaks through….it will be interesting~

$CABNET(0191.MY)$ for people who sold yesterday

$RAPID(7765.MY)$
$YNHPROP(3158.MY)$
#YNH老板DrYu被SC追罚2657万马币
#涉嫌操控Shang的股价
Dr. Yu, whose net worth had shrunk due to the Rollover Counter incident earlier
Yesterday, he was charged by SC with manipulating Shang's stock price.
And I want him to throw back the profits he earned, x 3 times.
As for the reason behind this, please take a look at Xiaobian Ma Hougun 💣
In fact, during that time, Shang's increase was only about 35%.
If it were to enter and exit at that point in time,
With a profit of MYR 8.86 million, it is necessary to buy tickets worth at least MYR 25 million.
With the trading volume and room for growth at the time, it simply couldn't be done.
The most reasonable explanation is that the entire deployment timeline needs to be moved forward.
According to reliable sources, Dr. Yu began entering the market in 2010.
At the time, the price of Shang was only about 2 yuan.
After that, when the stock price rose, he increased it one after another until the end of 2013.
At that time, the stock price once soared to MYR 8 per share! (yellow range)
Dr. Yu also once held at least 3.17% of Shang's shares.
The total value is around MYR 97 million. This amount was not small at all ten years ago.
Compared to his net worth, he should have been on the list of the 50 richest people in Malaysia back then.

$Micron Technology(MU.US)$
Financial performance:
• Third-quarter revenue: $6.81 billion, exceeding market expectations of $6.634 billion.
• Adjusted earnings per share (EPS): 62 cents, exceeding analysts' expectations of 49 cents.
• Operating cash flow: $2.48 billion, up from $1.22 billion in the previous quarter and $24 million in the same period last year.
• Adjusted free cash flow: $425 million.
• Cash and equivalents: At the end of the quarter, it had $9.22 billion in cash, market securities, and restricted cash.
Business highlights:
• High Bandwidth Memory (HBM): Achieved an increase in market share, driving the performance of high-margin products.
• Data center SSD: Revenue reached a record high, demonstrating strength in the field of artificial intelligence in the DRAM and NAND product portfolio.
• DRAM revenue: Up 13% from the previous quarter to $4.7 billion, in line with market expectations.
• NAND revenue: Seasonally increased 32% to $2.1 billion, higher than market expectations of $1.9 billion.
Management comments:
• President and CEO Sanjay Mehrotra (Sanjay Mehrotra) said: “Strong demand for artificial intelligence and superior execution drove Micron to achieve 17% quarterly revenue growth in the third quarter of the fiscal year, exceeding...