3 sen dividend

waiting below 0.30

Amidst these complexities, our Group remains steadfast in its commitment to strategic resilience. We focus on effective procurement strategies, efficient inventory management, and continuous operational improvement. By quarter-end, we successfully utilised 90% of the new 2.0 million MT blast furnace capacity and completed other auxiliary facilities.. Consequently we anticipate significant revenue growth and notable cost savings from economies of scale in our joint venture entity. Barring unforeseen circumstances, we expect substantial contributions and positive outcomes from this venture in the coming quarters.

Steel price drop..margin better for hiaptek..

0.36😃

hopefully can stand 1.68 today

QR 76M... 1.5 cent dividen..

why drop 10%

kossan profit...tomorrow TG open 0.79

TG susah naik..banyak short

Short volume too big, better kossan or harta

mau tunggu mereka clear contract baru ada hope

0.785 short banyak...susah naik...

block at 0.79....

keep buy back

Minyak naik lagi

oil price 80USD still good for malaysia oil n gas sector

run

RHB Target Price RM2.47

Next week above RM2

https://www.nytimes.com/2023/09/27/business/oil-price-100-barrel.html

today drop to 1.07, keep drop

you can see syscorp profit keep increase..if share price still low, they keep buy back, very soon privatize...

company keep buy back everyday

●近期频频回购股票的升阳船务（SYSCORP,5173,主板交通物流组），周四（10日）再从公开市场吸纳股票。

交易所数据显示，升阳船务周四再回购了101万8200股。

上述股票交易价介于42.5至43仙，总价为43万7683令吉45仙。

包括上述股票，该公司的库存已提高到4339万3400股，占调整后股本12亿股的3.62%。

升阳船务周五走低0.5仙，收报43仙，共有302万零700股易手

school open... profit increase

still undervalue

good..20%, 40% coming soon

0.425....0.5 coming soon

RM 0.5 coming

0.415

privatise soon..NTA RM 0.80

if they buy back at 0.5 cent x 12million= 6million ringgit..
company cash position about =175m
Fixed and treasury deposits with licensed banks 129,700,000
Cash and bank balances 46,996,000

55,000,000-37,745,200=12million share need to buy back in market
easily for them to push up share price to 0.5~0.6 level

Date of buy back 28 Jan 2022
Description of shares purchased SYSCORP (5173)
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 1,200,200
Minimum price paid for each share purchased ($$) 0.380
Maximum price paid for each share purchased ($$) 0.390
Total consideration paid ($$) 459,328.54
Number of shares purchased retained in treasury (units) 1,200,200
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 37,745,200
Adjusted issued capital after cancellation
(no. of shares) (units) 1,200,000,000
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 3.14543

the Company had on 20 October 2021 announced its intention to seek
approval of its shareholders on the Proposed Renewal of Shares Buy-Back to purchase up to
55 million shares or approximately 4.58% of the issued and paid up ordinary share of the
Company at the forthcoming 16th AGM of the Company which will be held on Wednesday, 8
December 2021.
As at LPD, the total issued and paid up ordinary shares of SYSCORP is RM1,200,000,000.00
comprising 1,200,000,000 ordinary shares.

投资建议：短线买入

第一道阻力水平：43仙

第二道阻力水平：45仙

止损点：34仙

闭市价：38仙（截至1月27日）
技术图显示，获得上升的变动率指标（ROC）支撑，升阳船务（SYSCORP，5173，主要板交通与物流）目前正在200天移动平均线上交易，意味着该股升趋势保持不变。

因此，肯纳格投银研究预期该股将很快将恢复上升趋势，并挑战43仙（13%上升空间）第一道阻力水平和45仙（18%上升空间）第二道阻力水平；止损点定为34仙（11%下行风险）。

基本面方面，升阳船务核心业务是航运、造船、船舶维修和其他相关服务。其航运业务涵盖干散货、液体散货、集装箱与沿海船舶、驳船和拖轮以及国际航运领域。该公司拥有280英亩的造船厂，每年能建造40艘船舶，因此能及时改装船舶来满足客户的需求。

该公司最近公布2022财年首季业绩，由于赚幅提高和出货量增加，其净利按年大增310%至1190万令吉。

Shin Yang Shipping Corporation Bhd (Trading Buy)

• SYSCORP’s core businesses are in shipping, shipbuilding, ship repair and other related services. Its shipping operations cover dry bulk, liquid bulk, containers and coastals, barges and tugs and international shipping segments.

• In its latest reporting period (1QFY22), the group registered a net profit of RM11.9m (+310% YoY) due to improved margins and increased shipment volume.

• Technically speaking, the stock is currently treading above the 200-day MA (suggesting that the stock’s uptrend is intact), which is backed by a rising ROC indicator.

• Thus, we anticipate the stock could resume its uptrend soon and challenge our resistance levels of RM0.43 (R1: 13% upside potential) and RM0.45 (R2: 18% upside potential).

• We have pegged our stop loss at RM0.34 (or an 11% downside risk).

Source: Kenanga Research - 27 Jan 2022

undervalue

These are container freight rates for the week of January 17, 2022, according to the Freightos Baltic Index:

Global freight rates increased 1% to $9,604 which is 140% higher than this time last year
Asia – US West Coast rates increased 4% to $15,171 which is nearly 250% higher than this time last year
Asia – US East Coast container rates went down slightly to $16,837, a rate 184% more expensive than last year
Asia – North Europe container shipping rates also decreased slightly to $14,314, 83% higher than last year’s rate
North Europe – US East Coast rates increased 5% to $6,811, however this is nearly 274% higher than this week in 2021

Shipping & Freight Cost Increases, Freight Capacity, and Shipping Container Shortage [2022]
Last updated: January 21, 2022

Freight & Shipping Delays
With ongoing pandemic-related delays and closures, non-stop demand for ocean freight from Asia to the US, and a lack of capacity, ocean rates are still very elevated and transit times volatile.

Transpacific ocean rates have been more stable at the start of the year. Despite this stabilizing trend, rates remain 8-9X higher than the pre-pandemic norm.

Furthermore, easing prices are not being driven by any significant reduction of port congestion. Learn more about congestion at Long Beach port here.

Continued disrupted schedules and port congestion, combined with omicron slow downs and Lunar New Year, mean that importers have yet to see any significant improvement in shipping conditions in 2022.