Posted by SincereStock > 2 months ago | Report Abuse

sold all remaining few at Rm1.59. just noticed HARBOUR has turned non syariah compliance

Posted by Mc_Wei > 2 months ago | Report Abuse

Harbour excluded from Shariah list. Latest annual report shows top 30 doesn't have Islamic Fund. Maybe only few Shariah compliant retail investors selling. Will rebound after they finish selling.

Posted by rojakmee > 2 months ago | Report Abuse

Added at 1.57 average already at the low , will surely back above 1.80+

Posted by rojakmee > 2 months ago | Report Abuse

COSCO SHIPPING Holdings Co., Ltd. (1919.HK) Stock Price, News, Quote & History - Yahoo Finance
https://finance.yahoo.com/quote/1919.HK/

Posted by rojakmee > 2 months ago | Report Abuse

PE still low , half of MISC ..the uptrend will continue to above 2

Posted by rojakmee > 2 months ago | Report Abuse

If you look at the balance sheet, they have about RM500million cash including investment, they can the company private at current price

Posted by rojakmee > 2 months ago | Report Abuse

Looks like will go above RM2

Posted by katara > 2 months ago | Report Abuse

good company n still cheap ..

Posted by rojakmee > 2 months ago | Report Abuse

The selling has reduced considerably but still ongoing, need to wait today & tomorrow before push up again I think

Posted by rojakmee > 2 months ago | Report Abuse

It's not too late to go in , will go above RM2+ , my target is RM2.5

Posted by rojakmee > 2 months ago | Report Abuse

The selling has completely stopped, now all the way up again , everyday 2 or 3 cents good enough

Posted by rojakmee > 2 months ago | Report Abuse

Don't miss the boat , TP RM2.5 , small qty can easily push

Posted by rojakmee > 2 months ago | Report Abuse

Added more today @1.57

Posted by SincereStock > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | Report Abuse

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

Posted by SincereStock > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | Report Abuse

NTA is not the key to judge a good company !

Posted by speakup > 1 month ago | Report Abuse

speakup bought Sygroup 60sen

Posted by SincereStock > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | Report Abuse

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

Posted by rojakmee > 1 month ago | Report Abuse

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

Posted by rojakmee > 1 month ago | 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 > 1 month ago | Report Abuse

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

Posted by rojakmee > 1 month ago | Report Abuse

Easier since not much qty available

Posted by SincereStock > 1 month ago | 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 > 1 month ago | Report Abuse

Big fat bonus for Sygroup owners

Posted by rojakmee > 1 month ago | Report Abuse

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

Posted by SincereStock > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | Report Abuse

Dividen pay out not stable , kedekut punya company !

Posted by SincereStock > 1 month ago | 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 > 4 days ago | 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 > 4 days ago | Report Abuse

ya i keep buying

Posted by jeffrey1166 > 4 days ago | Report Abuse

can set 2.5 above fair value

Posted by SincereStock > 4 days ago | Report Abuse

2.5 is possible only IF post excellent QR

Posted by SincereStock > 3 days ago | 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 > 3 days ago | Report Abuse

yaya

Posted by fruitcake > 2 days ago | Report Abuse

ships will sail

Posted by jeffrey1166 > 2 days ago | Report Abuse

add on buying 1.4