Sunway n SunCon has gone up 150% in 12-13 months time, profit taking at this moment( Bursa not looking good) is normal.... Another factor maybe related to potential of its lands at Iskandar, Southern Johor n the postpone/cancel of high speed rail...

KUALA LUMPUR (Dec 30): Sunway Bhd (KL:SUNWAY) has appointed its independent director Datuk Mohd Anuar Taib to an executive role as deputy president effective Jan 2, 2025.

Anuar, who will step down as chief executive officer of Sapura Energy Bhd (KL:SAPNRG) on Tuesday (Dec 31), joined the board of Sunway in July 2023 as an independent non-executive director.

基金有一種算法是PE的倒數，比如美國10年期國債現在是4.8%，換算成PE就是 20.8倍。因為美國10年期國債普遍認為是沒有風險的，基金只要買進就是無風險每年獲得4.8%.

所以漲高的國債利率會殺股市估值，股票有風險，理論上forward PE 高過20.8倍以上的股票都沒有什麼投資的價值。所以基金會賣出高PE的股票。尤其是這種漲了不少的股票，更加是他們profit taking 的對象。