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Overview
Financial Highlight
Headlines
Business Background Shin Yang Shipping Corp Bhd is a shipping company primarily engaged in the shipbuilding and shipping services. It has four business segments, shipping, ship repair and fabrication of metal structures segment, domestic and regional shipping segment which carries out shipping business in coastal and regional routes within Malaysia and ASEAN region, International shipping segment, and another segment consist of the business of shipping agency. The company derives most of the revenue from domestic and regional shipping segment. It operates in various countries like Malaysia, United state of Emirates, Singapore, Brunei, Republic of the Marshall Island, Japan, China and other, Taiwan, Thailand, however it derives most of its revenue from Malaysia.
  winefficietly The profit after Tax for Quarter 3, 2018 (31.03.2018) stood at RM21.5 million compared to Quarter 3, 2017 (31.03.2017) of losses of (RM7.8 million) which represents approximately 4 times turnaround for the Company. As at 31.03.2018, Cash and cash position of the company stood at RM78.3 million which was relatively healthy. Borrowing of the company decreased by 14.9% compared between 31.03.2018 (Quarter 3, 2018) against 31.03.2017 (Quarter 3, 2017). With the Quarter 4, 2018 (31.06.2018) result going to be announced in August 2018 which represents full year result for 30.06.2018 and base on historical data its time to look into the share of the company. 14/08/2018 8:18 AM EPS Yeaaa, potentially 0.40 but now not the right time to in yet. If u see historical data, every year end of august the price gonna drop very badly. I suggest you try to get in at the end of august to maximise ur profit. Just my opinion. 17/08/2018 11:16 PM winefficietly Based on past result announcement for 30th June, it was announced on 30.08.2017 for Quarter 4, 2017 (30.06.2017) whereas for Quarter 4, 2016 (30.06.2016) announced on 30.08.2016. Hence for current quarter 30.06.2018 will be very soon 21/08/2018 11:32 AM winefficietly Profit after Tax for Quarter 1 , RM5.8 million (30.09.2017), Quarter 2 RM8.9 million (31.12.207) and Quarter 3 RM6.8 million (31.03.2018) resulting total profit for 3 Quarter of RM21.5 million (01.07.207 to 31.03.2018) which is 4 times turnaround compared to previous result. With only final Quarter result to be announced soon and if based trend of last three quarters, final profit for the year likely achieve in flying color bearing unforeseen circumstances. Is time consider the company shares 21/08/2018 2:04 PM winefficietly Company continue share buy back have seen positive move on the company share 23/08/2018 11:41 AM billionn Seems a lot of experts here so interesting trust me dun believe what u seen 24/08/2018 5:57 PM pangolin slowly accumulate follow director .....hope is good harvest coming for year end 24/05/2019 3:51 PM targetinvest This company in eternal stagnant and sleeping.. How long more can sleep? Should be waking up soon to join the fun already la.. 07/01/2020 9:40 PM Mil888 MACD weekly chart show poaitive.. wil hav at least 2 weeks play. Buy nw 0.23 and sell at 0.28..hold 2 weeks. 17/01/2020 1:16 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||
