nothing is imposible in bursa, RAPID NTA RM1 and without earning power also can go RM30
real question is what is the possibility? and if it does reach RM1.5 eventually, when will it be?

from what I see now, I can only tell that the possibility is very unlikely before next QR result at the end of february

hopefully, still not yet reach my final TP as well

in term of both similarities and differences

@TiffanixLVxHermes can please to elaborate some comparisons that you know between SYGROUP & HARBOUR this 2 companies?

yay price back to exdate, oil price getting higher and firmer

sold a few more at 1.38 to lock profit, still got more than half left

anyway, I am still dubious with the lack of volume rally from around Rm1 to Rm2, as compare to this company's previous history of rally especially before year 2022 which is usually facing stronger seller resistance resulting more significant volume. investors seems to be responding differently to price rally last year 2023

for me personally, PE 10 is gauge for fair value in most counter, while NTA is another gauge at equal value to be deemed as fair. so in term of NTA yes this counter is still undervalued. but at the same time there are plenty of other counters with great NTA discount and consistent EPS that contributes to much lower PE

I do also understand that this counter EPS has potential to grow, but that still very vague for me despite with your convincing arguements @tonywong8. so lets see how things unfold in future, gd luck

@tonywong8 good for you, and good reason for continuing holding the share onward.

admit I sold too early here, luckily I did well with the cash (capital & profit taken) outside as well, APM, PENERGY and recently HARBOUR. you might be right I might not have chance to revisit this counter unless I am willing to buy back at higher price, but I see no point of doing that seeing there are still many undervalued counters outside with better upside potential, better odds out there.

but if miracle do happen and this counter price's miraclely drops while fundamental in tact, I will not hesitate to reenter this counter by then. or maybe when fundamental is clearly shown to be greatly improved in the form of consistent EPS, maybe I will consider to buy back at slightly higher premium considering the counter is still *clearly & obviously* to be still deeply undervalued

@income you can also refer to the fb video below for review regarding DIALOG, start watching from 1:10:30

https://www.facebook.com/alfredchenofficial/videos/844887097411401

@Income

DIALOG bigger size company, overvalue
HIBISCUS medium size company, maybe fair value or slightly overvalue
PENERGY smaller size company, undervalue

disagree with @furionstormrage regarding volatility, volume comes and go, refer to recent history, PENERGY does have good volume as a smaller market cap company compare to the other 2

somemore volatility should not be something to be looked for, tendency / odds for price to move in the correct direction (up) is the one to look for

steel counters especially this undervalued PRESTAR still lagging behind bursa index of 1500

hope can reattempt to break higher recent high soon

fundamental and good prospects still in tact, bursa index around 1500, one of the most, if not currently THE most undervalued O&G counter available in bursa

meanwhile, people trying to catch bottom at DIALOG while it is still overvalued LMAO~!

retopped up a few more today at RM0.760 with profit locked from HARBOUR

locked a few profit at 1.32, still got a lot left

@fruitcake what you mean with dark market? index now 1500+ and more up than down counters

https://www.facebook.com/sabaheatnplay/posts/pfbid0CGUkbKcNw1X64XGJEzFGKKsgfdDxi43ujdXPqg8n6B2kbPuQXnL9gabDfpfDMv5Bl

so nice <3

@Katara well said~ keen to see next QR result unfold

techinical wise of course haha
just like RAPID, NTA RM1, market price RM30, indeed no boundaries🤣

@katara not imposible this time as NTA already grew to RM1.90, last time when peaked at RM1.5++ NTA was only around RM1.30

hehe too late to buy ticket now lor, start to plan my offloading stage by stage, will see how hehe

as usual lo should be end of february lo

oversold shortly after price drop to further down below 0.960 should be mainly due to the LDs crisis. also proven to be true as price easily recover back to this level just 2 days after. too bad I don't have extra cash to catch some during the bottom of 0.900, no point to sell other counters to park money here as well because my other counters suffer the same fate and also recover at almost same pace these 2 days

quote
**
Posted by SincereStock > 1 week ago | Report Abuse

sold all again at 1.05, parked my capital back to PRESTAR at price 1 bid lower than I last sold to switch here.

reason - personally don't want to be too greedy here and I always keen to reenter PRESTAR which is also due for an outbreak

seem like volume stacking at 1.05 this level and I got feeling that retailers are the one than entering this time.

I initially set my sell order at 1.15 but gave up after seeing volume and resistance building up

gd luck to you all who stay, definitely will consider coming back for 3rd round if given another opportunity as well

**

anyway, predicted it is institutional investment who is selling (retailer buying) during that time before the announcement is made :-)

regardless, reentered shortly after price drop 4% like that because I believe prospect is still good, as oil price is good and company has good chance to have good QRs results in at least short term future

they dispose at the same time got buyer also, it all depends whether the new buyer have higher TP and better holding power, urusharga jamaah continue selling is not much a concern as well as they just want to take profit and will stop if price dropped to certain level

12-Jan-2024 is during peak ma, not sure if they still selling now need wait for further announcement

imo cannot refer much to such institution investment, because they need take profit from time to time, they sure got plenty of stock left, otherwise also no concern as they have sold all

a safer way to do investment is take profit from time to time, I do that often too even I don't have such much capital to prevent profit opportunity missed in case of final TP not reached

I also have strategy to take profit step by step la to prevent such thing happen, but sometime need to sold all too especially if leftover stakes already not that many

@Albukhary same thing happened to me before too, but cannot be too distracted with that, everyday is new day in bursa, things might and might not repeat itself, better judge and reacts to odds your believe for every new situations

https://news.seehua.com/post/1107701

one of the few top grade A shopping malls in Malaysia that doesn't need to compete with TRX

can resume climb up lo hehe, this counter has nothing to do with those LD counters, can disregard them and move on already

missed opportunity to top up huhu

very resilient counter despite chaos in klci today

oil price & prospects still in tact, tempting to top up more but unable to get some fund now. will see how if price drops further

bought back a few at 1.18, thank you whoever you are still willing to sell cheap to me today morning ^_^

thank you @SCM2023

so I suppose container freight rate has more real direct influence to this company's profitability? just like HARBOUR?

any comparison between HARBOUR and this company? I am currently holding HARBOUR, would consider diverse a bit of my holding to this company as they got very similar fundamental. just not sure about their business similarities or differences

take a few profit at 2.85, still got a few left, needed the cash, thank you whoever you are willing to buy from higher bid today

can someone please enlighten me about bdi? the lower baltic index the better here for this counter's profitability? I am a little confused here

tempted to hold till QR release to see the result this round. unless price goes to another level of new height again

this counter has very recent history of quick recover from sudden lesser volume discount (refer to 10 January)

bought back a few at average cost of 0.9625, missed the 4 sen dividend but got myself 4.75 sen instant rebate instead ^_^

sold a few at 1.21, I know too early to lock profit but need a few urgent cash to park back at suddenly discounted PENERGY. still got quite a lot shares here

yay technical finally in tandem with fundamental @fruitcake cheers🥂 hopefully can fly faster now

company got very good retained profits

main problem just liquidity, if next QR performs again sure price can go gap up again. our hope now is next QR or got surprise privatization offer

so far for me myself I don't see urgency here la (no catalyst) especially I got other more potential counters to park my capital

but it is hard to say also wor can got ppl goreng also anytime without catalyst, that's why I hope wait me come back only haha

but if you got no better place park your money and you like here it is up to u to hold, at least it's fundamental still seems just nice la. need to monitor close for it's news and wait for next QR see how lo

just my little opinion ya~ no buy or sell calls I usually just comment my own buy / sell in i3 for my own records purpose ja tu, need to use them for my own future study for my pass decisions

hope can wait I got extra cash to come back here 1st lo haha

owner(s) siok2 offload stocks that might not even worth Rm1 from RM22 to near RM30, really real life goldfinger Ching, what a real life case study here

just watched goldfinger yesterday btw, but has been well understand the theory behind since long ago
just now scrolled fb saw someone posted about this counter only come here to see how's thing going on

@icecool bottom? every stock can goes below NTA down to the net cash value of the company, provided the company doesn't have tendency for further losses