and since SYGROUP is more rely on baltic dry index rather than container freight index. next QR (for jun to sep) has very good probability to be delivered better than HARBOUR

very very similar fundamental with HARBOUR imo, but price more grounded here without much inflated by temporary and potential to end soon red sea crisis. so switched over here like @TiffanixLVxHermes after taking profit at HARBPUR

has been monitoring this counter for quite a while, finally entered a few for the first time at RM0.630 today

good enough bargain I think right before the announcement of the next "potentially" good QR

https://www.reuters.com/world/middle-east/israel-presses-onslaught-gazas-khan-younis-us-pursues-ceasefire-quest-2024-02-06/

here some latest updates aka "fundamental signals"

so the problem is technical analysis not this counter ya hehe

but of course if you wait for technical signal, not much profit because it is too late

@fruitcake what do you mean? why say so?

I made profit (capital gain) here multiple rounds already over last few years (you can refer to my previous chats I got writen my entry / exit timing and price all records are still there)

but of course the biggest gain is this most recent one (red sea crisis) tbh I not sure it is over or not but don't want to be too greedy, as long as got good profit can leave already

less than a month left for QR, can't believe I still holding this lol
less reason to give up and sell at this point
no more queueing at upper sell queue

sold all remaining at 0.975 probably will move on from this counter onwards, better and safer opportunities outside

sold all at 1.27, decided to move on, hopefully truce between Hamas & Israel decided asap and peace be upon Gaza's people

sold a few more at 1.27, only a few left

@TiffanixLVxHermes it is always better too early than too late in stock market investment (both entering and exiting). but of course precise is the best but very hardly achieved haha

top up a few more at RM0.415 today morning

top up few more at 0.105 today morning

sold half of few at 0.985 today morning, oil price prospects become very uncertain now

sold half at 1.27 this morning, truce in talk now so things becoming 50 50 already need to run half first

tempting to buy some SYGROUP at 0.64/0.645 too but no capital can transfer over lol

still waiting for better timing / opportunity for myself

thing not to forget - the boss subscribed the company's right issue (converted iculs to new shares at RM0.200 per share)

the company's fundamental has not changed to worse since then

fall behind DAYANG again lol typical investors more like to chase premium than discounted NTA most of the time lol

@KingKKK thanks for the video @ks55 agreed

next QR is important to prove it's ability to generate good profit when cars demand is high
anything similar (if not better) than current QR is anticipated

with that being said, I am still considering switching some HARBOUR capital into SYGROUP, but then only if opportunity timing present itself

meanwhile don't expect HARBOUR next QR (december2023) will be good, the good one will be the one released on MAY 2024 for march2024's QR

SYGROUP coming QR (december2023) yes I agree should be better than last QR because Baltic is high during that time, but the another next QR (march2024) might not be as good as Baltic already falls back to 1500 level now

will continue to speculate on red sea crisis, so far things are getting worse from what I see now

very hard to decide my last TP here, tempting to sell but seems like better wait and see next QR first

I also considered to spread some of my capital here to SYGROUP when it's price is low, actually queued at 0.655 there, but it is HARBOUR here that falls back to lower level so I cancelled the queue there and parked back here instead

@TiffanixLVxHermes I am not sure but I see SYGROUP relies more on baltic dry index more tha freight rate, and baltic dry index is still at lower level currently, as compared to significantly improved freight rate.

someone please correct me if I am wrong, thank you

haha caught this low volume temporary drop, now only support volume comes back

bought back a few (those I sold at RM1.38) at RM1.32 today morning

https://www.facebook.com/100001612725081/videos/pcb.7424369177626766/390792246831390

ASIAPAC's Imago Mall 2024 Chinese New Year decorations and live crowd

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