Posted by damansaraeagle > 2021-09-29 15:43 | Report Abuse

up up and away

Posted by akmalrodzi1618 > 2021-09-29 21:42 | Report Abuse

fly fly flyyyyyyyy

Posted by Targeted > 2021-10-08 12:36 | Report Abuse

Time for me to load up more.....

Posted by Targeted > 2021-10-08 14:06 | Report Abuse

This round....... to the moon.....

Posted by Icon 888 > 2021-10-08 16:26 | Report Abuse

Raba raba kasi stim dulu

Posted by kentrade888 > 2021-10-12 16:34 | Report Abuse

谈股论市◢从低谷回弹 升阳船务现看涨信号
Chinapress



券商 ：肯纳格证券研究
投资建议：短线买入
阻力点 ：42仙、45仙
止损点 ：30仙
闭市价 ：34.5仙（截至9月30日）



技术图显示，升阳船务（SYSCORP，5173，主要板交通与物流）股价从低谷回弹后出现看涨技术信号，涨势料持续。

升阳船务股价从2018年7月底的40.5仙高点，在去年3月中跌至11.5仙低点，随后在今年5月初升至47仙，达到新高。该股昨日（29日）闭市报35.5仙，今年至今的回报率为16.4%。

由于50天移动平均穿过100天移动平均，以及变动率指标（ROC）上穿零线，升阳船务出现看涨技术信号，并将继续呈上升趋势。
增长势头可能先上探42仙（18%上升空间），之后挑战45仙（27%上升空间）阻力点，；止损价为30仙（15%下行风险）。

升阳船务是一家综合航运和造船运营商，核心业务包括船舶维修和运输代理。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。

升阳船务于2021财年成功转亏为盈，反映船务业前景随着经济活动恢复而有所改善。

Posted by awesome20 > 2021-10-13 18:30 | Report Abuse

what's wrong?

Posted by shlyw > 2021-10-14 09:17 | Report Abuse

布局调整 优化路线 升阳船务蓄势待发

物流股，最近似乎有点火。

受惠于投资者对未来展望的高度期待，物流相关公司近期陆续受市场热捧，股价一涨再涨，多年来不受重视的尴尬格局，似乎破了。

为此，本期《股海捞月》将再谈谈一家来自砂拉越的船运公司——升阳船务（SYSCORP,5173,主板交通物流组）。

升阳船务是砂拉越著名财团升阳集团（Shin Yang Group）旗下物流臂膀，至今已在船运领域打滚38年，亦是国内少数集船运和造船业务于一身的公司。船运业务涵盖干货、湿货、货柜、国际海运、沿岸海运、工作船和拖船，旗下大小船舰合计240艘，长期支持砂拉越海上及沿岸货运，对当地经济贡献良多。

船运造船于一身

船运业对任何国家来说都是不可或缺的重要领域，毕竟全球90%货物仍需透过海运才能通往世界各地。然而，海运也是一盘辛苦的生意，除了竞争激烈，也面对偏高营运风险，毕竟需长时间穿梭于喜怒无常的海上，需格外谨慎，步步为营，倒也不像许多人以为那么“好赚”。

虽然8年间，大马海运业可谓哀鸿遍野，事缘在2009年次贷风暴后，经济复苏令市场需求高涨，加上国际油价攀上每桶100美元，各油气巨头大举砸钱投资，船运领域深深受惠。然而花开蜂至，领域好景也吸引大量新船涌现，慢慢形成供应过剩局面，赚幅一年不如一年，迫使许多船只慢慢被淘汰；历时了6至7年后，船运供求局面才逐渐稳定下来。

在汰弱留强的数年间，升阳业绩同样大受打击，但依然存活下来；不只活了下来，还利用营运上的强劲现金流积极偿还债务，以致总债务（贷款）在过去8年大幅减少70%，资产负债表越来越健康，不再是高负债公司。资料显示，升阳在2013财政年总结时共背负9亿2091万令吉贷款，只有5885万令吉现金；然而截至去年12月31日，总贷款已锐减剩2亿7759万令吉，现金则增加至1亿3366万令吉，且仍在迅速转强中。

不发股筹钱靠自己减债

更需一提的是，升阳至今不曾发股筹钱，资产负债表成功减债，全靠自己本事。

能做到这些“壮举”，有赖于该公司在砂拉越的强大基本盘，拥有多元船舰应付各种需求、自行包办造船及维修维持工作，能更有效控制成本和素质，控制现金流，拥有更强应变能力，这些是优势所在。

在疫情冲击下，升阳2020财政年业绩被迫吞下上市以来最糟一次败仗，营业额下滑7.54%，至5亿9649万令吉，同时在船舰拨备、应收账拨备和资产脱售损失等利空夹击下，惨亏1亿4591万令吉。然而这糟糕的业绩，并无损升阳仍是强劲船务公司的事实。

随著船运需求在疫情爆发几个月后强势反弹，甚至更胜从前，升阳业绩也开始出现好转迹象。截至2021财政年首6个月营业额虽因造船业务工作量减少而下滑9.68%，却顺利转亏为盈，报净利648万令吉。虽说这样的业绩不至于令人惊喜，但却暗示最坏的时期已经过去，尤其船运部门营业额和赚幅双双开始改善，更令人有期待的理由。

在领域最坏期间，升阳除了积极减债，其实也悄悄为下一次市场荣景布局，包括不断探讨并调整船舰布局、优化海运路线、提升成本监控和船舰效率、针对性添置新船，造船业务则致力深化造船能力和维修维持设施、扩大及强化服务深度，为业务建立更强底气，静候大展拳脚的时机来临。



业绩表现取决运费起伏

疫情爆发后，船运业的风向一下子起了变化。在物流需求上涨，防疫措施影响货柜周转，原产品纷纷大涨价等诸多因素加持下，海运服务开始供不应求，运费节节攀升，苦忍多年的船运业终于再见曙光。

由于需求旺盛，海运业者如今拥有更大议价空间，能为每趟航程争取更好的收费，提升整体赚幅，而这似乎也能从各海运公司过去半年业绩中获得验证。

平心而论，鉴于疫情仍反复，目前就断言船运业将就此好转，依然言之尚早。当中仍存在不少风险，但考虑到船运服务的必要性及多年来持续淘汰多余产能，船运业目前确实处于较佳的位置上，尤其当考虑到市场恒久不变的周期性定律后，更是如此。

原产品频涨价利好因素

升阳的大本营位于天然资源丰富的砂拉越，木桐、油棕和油气业一直是公司重点服务领域，原产品市场兴衰对公司业绩具有一定影响力。因此，各原产品价格过去一年来频频急涨，对升阳而言也是好消息。

当然，运费行情是更重要的影响因素，而运费受供需环境影响难以预测，但鉴于船运业的高资本投资性质及多年低迷令新投资却步，供应短期内不太可能明显增加。与此同时，需求却异常旺盛，故展望暂时看来趋向正面。

如上文所述，升阳经多年来韬光养晦，已成功削去大量债务，资产负债表如今非常健康，利息开销对比早年也明显下滑，加上营运现金流保持强劲，目前状态已不可同日而语，若海运市场继续欣欣向荣，未来业绩料仍有很大的改善空间。

另外，砂拉越在近年政局演变中逐渐崛起成赢家，更有底气向中央争取更大自主权和资源，或也有助加快当地经济发展，让船运业受惠；一旦砂拉越获投入更多资源来发展基建和工业，船运需求料会跟著走高，为领域的中长期发展打下更坚固的基础。

整体来说，升阳业绩表现虽谷底反弹，但持续性仍取决于未来运费起伏。排除难以预测的运费不说，业务根基稳固和现金流强劲是升阳的亮点，加上越来越强的资产负债表，业绩底气显然更胜从前，而资产此时仍以大幅度折价交易，则提供了捞底机会，或许这也是公司股价近几个月开始显露升势的原因之一。至于能走多远，就要看本月公布的季度业绩能否捎来惊喜了。

组合4月微跌

马股4月起伏不定，组合在无重大消息影响下微跌0.05%。

期间，原棕油价继续改写新高，每公吨已突破4300令吉，诡异的是种植股仍毫无动静，看来市场明显低估了这波牛市行情及其对种植股的巨大影响。没关系，经验说明当力量囤积越久，时候到了就更具爆发力，笔者依然看好种植股将崛起成今年焦点之一，眼下估值极为诱人，故不排除观察本月业绩后再加进一家种植股，提升曝光率。

5月是财报季，鉴于首季业绩遇行管令拦路，组合公司除了莫实得种植，其余3家料不会有太大惊喜，但持稳料不成问题。莫实得种植业绩继续报捷料无悬念，会否再度派息更值得注意，因有机会成为估值的新催化剂。

Posted by yiqqre > 2021-10-18 09:42 | Report Abuse

The Sarawak general election is coming.

Posted by KML889 > 2021-10-20 16:27 | Report Abuse

This time coming for real

Posted by siiyang96 > 2021-10-21 14:14 | Report Abuse

wow..still got ppl notice this?

Posted by yiqqre > 2021-10-27 10:24 | Report Abuse

This counter is about to rise.

Posted by flyup888 > 2021-10-27 10:26 |

Post removed.Why?

Posted by yiqqre > 2021-10-27 14:32 | Report Abuse

October 27, 2021

TECHNICAL Malaysia MAYBANK IB RESEARCH

THIS REPORT HAS BEEN PREPARED BY MAYBANK INVESTMENT BANK BERHAD
SEE PAGE 6 FOR IMPORTANT DISCLOSURES AND ANALYST CERTIFICATIONS

PP16832/01/2013 (031128)

TRADING IDEAS
HIAP TECK VENTURE BERHAD, DAILY CANDLESTICK CHART (MYR0.650)

STRATEGY:
ACCUMULATE (TECHNICAL)
After our BUY on 30 Sep
2021, the stock hit our
second target of
MYR0.695 on 18 Oct. The
subsequent correction
was capped within the
“Kijun” line, suggesting
that the ongoing selling
has normalized.
Yesterday’s gain could
signal a continuation of
the prior uptrend.
Reiterate BUY with a
higher target.

SUGGESTION BUY RANGE STOP-LOSS ESTIMATED RESISTANCE ESTIMATED TIMEFRAME
MYR0.640 ~ MYR0.650 Below MYR0.590 R1: MYR0.700, R2: MYR0.760 3 – 6 weeks
Traders’ Almanac
Technical Trading Ideas – Growing
Interest in Industrial Stocks

▪ HIAPTEK – BUY, SL: MYR0.590, R1: MYR0.700, R2: MYR0.760
▪ LBALUM – BUY, SL: MYR0.555, R1: MYR0.660, R2: MYR0.725
▪ MYCRON – BUY, SL: MYR0.495, R1: MYR0.600, R2: MYR0.650
▪ MRDIY – BUY, SL: MYR3.58, R1: MYR3.95, R2: MYR4.25
▪ SYSCORP – BUY, SL: MYR0.335, R1: MYR0.405, R2: MYR0.455
▪ CRUDE PALM OIL – The “spinning top” pattern appear

Posted by Joseph23 > 2021-11-04 13:14 |

Post removed.Why?

Posted by risktoreward > 2021-11-08 09:32 | Report Abuse

Enter @ 0.355

Posted by LiTech > 2021-11-11 12:21 | Report Abuse

Why move up in so so market today? Do recent good earning by shipping and container give shareholders a good opportunity to get some good dividends soon? Any new development in the company? I have pumped into this company in hope to get good RM for Christmas and CNY. See the Chart and you will understand. Happy pumping

Posted by risktoreward > 2021-11-11 13:16 | Report Abuse

Nice

Posted by risktoreward > 2021-11-12 11:11 | Report Abuse

Give it time

Posted by shipcapt > 2021-11-16 15:01 | Report Abuse

Oh, yes...chairman give press statement already....are you ready? LOL

Posted by risktoreward > 2021-11-16 15:31 | Report Abuse

Ai ai sir, lead the way captain

Posted by Hunkyman > 2021-11-16 17:22 | Report Abuse

The cruise continues tomorrow.

Posted by VictorInvest > 2022-01-04 06:44 | Report Abuse

Go to Listing price of RM1. Freight situation is better than listing time.

Posted by Icon 888 > 2022-01-05 10:35 | Report Abuse

Eastern dragon come la

Posted by power88 > 2022-01-22 07:39 | Report Abuse

Complete logistic price up....shipping will follow soon...

Posted by power88 > 2022-01-26 19:58 | Report Abuse

fly

Posted by Tomrider > 2022-01-27 19:47 | Report Abuse

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.

Posted by Tomrider > 2022-01-27 19:47 | Report Abuse

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

Posted by Tomrider > 2022-01-27 22:11 | Report Abuse

undervalue

Posted by Tomrider > 2022-01-28 08:54 | Report Abuse

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

Posted by Tomrider > 2022-01-28 08:58 | Report Abuse

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。

Posted by power88 > 2022-01-28 21:06 | Report Abuse

Company keep buy back share....

Posted by power88 > 2022-01-28 21:08 | Report Abuse

Good news?

Posted by Tomrider > 2022-01-29 07:32 | Report Abuse

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.

Posted by Tomrider > 2022-01-29 07:33 | Report Abuse

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

Posted by Tomrider > 2022-01-29 07:36 | Report Abuse

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

Posted by Tomrider > 2022-01-29 07:44 | Report Abuse

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

Posted by aezrin > 2022-01-31 12:22 | Report Abuse

you mean rm0.5.... not 0.5 cent

Posted by wallstreetrookie > 2022-02-03 23:14 | Report Abuse

Shin Yang Shipping Corp

Upgraded to Overweight with a price target of RM0.82

Posted by power88 > 2022-02-04 07:46 | Report Abuse

target price should be around 0.60

Posted by power88 > 2022-02-04 07:48 | Report Abuse

company keep buy back share ..

Posted by Tomrider > 2022-02-04 17:23 | Report Abuse

privatise soon..NTA RM 0.80

Posted by Tomrider > 2022-02-06 09:51 | Report Abuse

0.415

Posted by Tomrider > 2022-02-06 09:53 | Report Abuse

RM 0.5 coming

Posted by risktoreward > 2022-02-06 10:58 | Report Abuse

Wait for the spike

Posted by Tomrider > 2022-02-07 12:59 | Report Abuse

0.425....0.5 coming soon

Posted by risktoreward > 2022-02-07 13:28 | Report Abuse

Take profit today, 4 months 20% return

Posted by Tomrider > 2022-02-07 13:35 | Report Abuse

good..20%, 40% coming soon

Posted by risktoreward > 2022-02-07 13:37 | Report Abuse

All the best, I took profit coz a reverse indicator is here hahaha

Posted by Tomrider > 2022-02-07 14:08 | Report Abuse

still undervalue