Posted by rojakmee > 2024-06-25 18:39 | Report Abuse

Added more today @1.57

Posted by SincereStock > 2024-07-04 14:18 | Report Abuse

SincereStock

sygroup going to correlate with harbour at 1 : 2

3 weeks ago

posted this 3 weeks ago at SYGROUP forum

happening already now, sygroup has now overtaken harbour price in term of 1 : 2 ratio. with sygroup rally higher to 0.830 from 0.70, while harbour remain stagnant at 1.6 level

Posted by SincereStock > 2024-07-04 14:20 | Report Abuse

no more free gap meat now at sygroup, but now let's see if both counters can rally higher towards respective's NTA

Posted by rojakmee > 2024-07-08 10:31 | Report Abuse

Some funds are selling most probably because removal from Syariah list , trying to go up but there is roadblocks, will definitely catch up with MISC & SYSG once the selling stop , matter of time

Posted by SincereStock > 2024-07-08 23:01 | Report Abuse

nothing to catch up with MISC as harbour % price up recently (up to 1/2 or 1 year) is still ahead of misc. sygroup just catch up with harbour but price still parallel as of now.

as of removal of syariah list, not only it will may cause recent selling, it may also cause long term lack of interest from a big group of Malaysian investors.

despite so, I am still positive that harbour price might still up with good freight rate and potential good upcoming QRs, just that it might not be as attractive as sygroup considering sygroup is still syariah complaince and has a slight better current QR

Posted by SincereStock > 2024-07-08 23:05 | Report Abuse

btw talking about syariah list, can also refer to MESB (which just turned into syariah complaince) to study the opposite effect

Posted by NatsukoMishima > 2024-07-09 13:09 | Report Abuse

Rm 1.5x ! Better buy triple units of swift haulage at 5x sen ! Solid fundamemtal !

Posted by SincereStock > 2024-07-09 13:46 | Report Abuse

@NatsukoMishima swift's recent QR involved significant one off gain, somemore a debt is still high, NTA is mere 0.80, 5x sen is quite fair valuation unless if future QRs can show improvement.

so far sygroup (price 0.785, nta 1.11) / harbour (price 1.55 / nta 1.95) is still so much better choice comparatively due to better QR and less debt / finance cost burden

Posted by SincereStock > 2024-07-09 13:49 | Report Abuse

we don't sell mecerdes just because it's price can buy multiple proton cars. must look into it's value

Posted by SincereStock > 2024-07-09 13:53 | Report Abuse

@NatsukoMishima you need to learn valuation proper way. sygroup / harbour price has up significantly for the last 6 months while swift are still flip flopping between 0.50 and 0.60

Posted by rojakmee > 2024-07-09 15:13 | Report Abuse

At the same time some funds are collecting at the lowest possible price since there is a selling, the funds will push it up back once the selling stop , I think the selling is almost done

Posted by SincereStock > 2024-07-09 16:47 | Report Abuse

I prefer to reenter in case it turned syariah complaince again (as long as price still reasonable by then). as of now i focusing on sygroup first

Posted by NatsukoMishima > 2024-07-09 22:32 | Report Abuse

NTA is not the key to judge a good company !

Posted by speakup > 2024-07-10 07:38 | Report Abuse

speakup bought Sygroup 60sen

Posted by SincereStock > 2024-07-10 10:42 | Report Abuse

@NatsukoMishima NTA is key to judge the value of a company. we are not just looking into good company. but we are looking good company that the price must be traded at "undervalue" keyword is undervalue.

a good company if traded at fair or overvalue is no longer worth to purchase as it is harder to give capital gain as compared to undervalue good company

Posted by SincereStock > 2024-07-10 10:44 | Report Abuse

@NatsukoMishima regardless of NTA. tell me what you think is good about swift? EPS is bad considering there is one off gain involved recent QR, debt situation is also bad, no promised future prospects. what is actually good about it? it seems to me just a regular company traded at fair value

Posted by SincereStock > 2024-07-10 10:46 | Report Abuse

@speakup I bought harbour at 1.20 before jumping to sygroup after harbour latest QR released, maximize possible profit between these 2 very similar and directly competitive companies

Posted by SincereStock > 2024-07-10 10:48 | Report Abuse

strategy involved is just as simple as to park my capital at the one with better latest QR, jump back and forth between price gap while freight rate is high (good prospect / catalyst for both counters)

Posted by SincereStock > 2024-07-10 10:52 | Report Abuse

investment is all about taking advantage of value gap between actual value and market price

Posted by rojakmee > 2024-07-10 11:35 | Report Abuse

Harbour has about RM500m cash , that amount can take over another company

Posted by rojakmee > 2024-07-10 11:40 | Report Abuse

If they use that cash properly invested in 12% dividend company, can get additional Room investment income, Harbour can just double in value

Posted by rojakmee > 2024-07-11 12:44 | Report Abuse

Those that want to sell have exited, now is the time to RM2

Posted by rojakmee > 2024-07-11 12:45 | Report Abuse

Easier since not much qty available

Posted by SincereStock > 2024-07-11 20:23 | Report Abuse

@rojakmee ironically it is sygroup that do what you suggested, take over boulevard jaya motor with extra cash, for more sustainable & diversified consistent profit in future

Posted by speakup > 2024-07-11 22:13 | Report Abuse

Big fat bonus for Sygroup owners

Posted by rojakmee > 2024-07-12 14:14 | Report Abuse

Matter of time Hourbor will use the RM500m cash that they have properly

Posted by SincereStock > 2024-07-12 15:38 | Report Abuse

keep speculating, might have reentered here if wasn't for the syariah status, was curious why it fall off syariah list, anyone has any info on this?

Posted by rojakmee > 2024-07-12 16:01 | Report Abuse

Just watch Sincerestock, those who want to sell have exited , now all the way up , my target price is RM2.5. They will have almost RM600m cash by end of this year , that's is worth current share price

Posted by NatsukoMishima > 2024-07-23 15:58 | Report Abuse

Dividen pay out not stable , kedekut punya company !

Posted by SincereStock > 2024-07-23 17:20 | Report Abuse

@NatsukoMishima lmao harbour earlier investors already earned a lot from capital gain even without divided pay out, while your swift still flip flop between 0.5 to 0.6

somemore currently both sygroup and harbour DY is higher than swift

what is your problem here bro?

Posted by SincereStock > 2024-08-20 15:01 | Report Abuse

finally reentered HARBOUR at 1.41, very good bargain and pre QR position. comparatively much cheaper than SYGROUP now, while having similar chance to post good QR. This time holding both SYGROUP and HARBOUR into their respestive QR. hopefully both perform as good as expectation ^_^

Posted by jeffrey1166 > 2024-08-20 17:55 | Report Abuse

ya i keep buying

Posted by jeffrey1166 > 2024-08-20 17:55 | Report Abuse

can set 2.5 above fair value

Posted by SincereStock > 2024-08-20 23:09 | Report Abuse

2.5 is possible only IF post excellent QR

Posted by SincereStock > 2024-08-21 14:49 | Report Abuse

topped up a few more HARBOUR at 1.41 with cash I just unlocked from ASIAPAC (21 august 2024), HARBOUR is so so much better bargain than SYGROUP now

Posted by jeffrey1166 > 2024-08-21 21:45 | Report Abuse

yaya

Posted by jeffrey1166 > 2024-08-22 21:27 | Report Abuse

add on buying 1.4

Posted by SincereStock > 2024-08-29 09:07 | Report Abuse

sold all remaining HARBOUR at 1.48 (9.00am, 29 august 2024) QR is neither good or bad, but at 1.48 price investors are expecting better QR to support. since I still can leave at 1.48, it is better to do so and invest in other lower undervalue counters.

Posted by jeffrey1166 > 2 months ago | Report Abuse

solid

Posted by jeffrey1166 > 2 months ago | Report Abuse

keep buying

Posted by jeffrey1166 > 2 months ago | Report Abuse

coming can fly

Posted by Thiruragavan > 1 month ago | Report Abuse

The breakout price for HARBOUR (2062) is expected to be around 1.530, with a potential upside from the current price of 1.510. This price target is based on technical analysis indicators such as Moving Averages and MACD.

Posted by yewyin33 > 1 month ago | Report Abuse

I bought it because its share price is uptrend as shown on the price chart. Never buy any share with a downtrend chart because its share price is most like to drop.

Posted by yewyin33 > 1 month ago | Report Abuse

Price chart cannot lie because it is a record of the daily closing price. In the case of Harbour, there are more buyers than sellers every day. As a result, the last daily traded was higher than the previous day.

Posted by jeffrey1166 > 1 month ago | Report Abuse

ya

Posted by jeffrey1166 > 1 month ago | Report Abuse

tp can set 2.2

Posted by fruitcake > 1 week ago | Report Abuse

🏃🏃🏃🏃🏃🏃🏃

Posted by fruitcake > 5 days ago | Report Abuse

🏃🏃🏃

Posted by katara > 2 days ago | Report Abuse

buy

Posted by Firefighter > 2 days ago | Report Abuse

https://www.nst.com.my/business/corporate/2024/12/1142080/global-shipping-costs-remain-high-amid-tariff-threats-red-sea