Posted by SCM2023 > 2023-12-01 08:45 | Report Abuse

I would love to see how price react to yesterday QR. We could see price upward movement till end of the year if close unchanged or up otherwise will diarrhea for sometimes

Posted by Firefighter > 2023-12-01 12:02 | Report Abuse

Hehe. Gap down!

Posted by slts > 2023-12-06 06:57 | Report Abuse

https://tradingeconomics.com/commodity/baltic
q4 earnings going to be explosive

Posted by speakup > 2023-12-06 07:57 | Report Abuse

OMG! @slts thanks for sharing!

Posted by asianmarket > 2023-12-16 02:49 | Report Abuse

@slts

Why explosive?

Posted by Income > 2023-12-16 18:19 | Report Abuse

Long term investor but also would like to make some profit short term so I can invest it back.

Posted by mrcrab > 2023-12-16 18:45 | Report Abuse

Baltic Dry Index Q3 23 avg 1250 vs Q4 23 avg 2250. Expect better profit this Qtr.

Posted by Income > 2023-12-29 10:06 | Report Abuse

When L Up?

Posted by shawn88 > 2024-01-09 16:59 | Report Abuse

red sea no affect?

Posted by speakup > 2024-01-09 21:19 | Report Abuse

u scream Red Sea, u scream Baltic Dry Index no point.
But if KYY or OTB scream Red Sea, u scream Baltic Dry Index, it will limit up

Posted by SincereStock > 2024-01-11 11:53 | Report Abuse

hi guys, can tell me what this Baltic Dry Index has to do here? I just searched the chart and it seems to be at the level of all time low?

is it baltic dry index more towards grounding logistic while freight rate more to port / sea operation and has more impact on counter like HARBOUR?

please correct me if I am wrong, thank you

Posted by speakup > 2024-01-12 20:53 | Report Abuse

https://theedgemalaysia.com/node/697238

Posted by shawn88 > 2024-01-16 18:14 | Report Abuse

Bdi continue low

Posted by SincereStock > 2024-01-16 23:09 | Report Abuse

can someone please enlighten me about bdi? the lower baltic index the better here for this counter's profitability? I am a little confused here

Posted by SCM2023 > 2024-01-17 16:02 | Report Abuse

SincereStock, you can google "What Is the Baltic Dry Index (BDI), and Why Is It Important?" from investopedia.. There is no direct link of BDI to this company. This company is not really good in selecting human talents for their jobs otherwise it is superb company. 😀

Posted by SincereStock > 2024-01-17 16:54 | Report Abuse

thank you @SCM2023

so I suppose container freight rate has more real direct influence to this company's profitability? just like HARBOUR?

any comparison between HARBOUR and this company? I am currently holding HARBOUR, would consider diverse a bit of my holding to this company as they got very similar fundamental. just not sure about their business similarities or differences

Posted by speakup > 2024-01-24 13:15 | Report Abuse

https://www.thestar.com.my/business/insight/2024/01/24/why-we-should-worry-about-the-red-sea-crisis

Posted by speakup > 2024-01-26 13:13 | Report Abuse

1st TP 70¢

Posted by shawn88 > 2024-01-26 16:52 | Report Abuse

back to 0.60.... soon

Posted by SincereStock > 2024-02-07 12:05 | Report Abuse

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

Posted by SincereStock > 2024-02-07 12:24 | Report Abuse

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

Posted by SincereStock > 2024-02-07 12:27 | Report Abuse

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

Posted by SincereStock > 2024-02-07 12:32 | Report Abuse

regular share buybacks here also a bonus for it's stability from going downward and good show of confident by the management

Posted by speakup > 2024-02-07 12:34 | Report Abuse

Fundamentally very sound but can't up cos owners only interested to maintain price by share buyback

Posted by SincereStock > 2024-02-07 13:55 | Report Abuse

@speakup wait for catalyst aka next QR

Posted by SincereStock > 2024-02-07 13:57 | Report Abuse

previous catalyst "red sea crisis" lasted too soon

Posted by SincereStock > 2024-02-07 14:29 | Report Abuse

@TiffanixLVxHermes gd luck~

btw I am not interested with FM seems to be quite fair value already comparing to SYGROUP or HARBOUR (refering respective NTA & PE). I would prefer a 0.75 SYGROUP or 1.38 HARBOUR (it's recent peak where I managed to offload a few of my total stacks) than 0.60 FM lol

Posted by TheNormieTrader > 2024-02-07 14:45 | Report Abuse

it will stay at consolidate zone 0.580-0.680 for weeks and wait for next big move to confirm up or down trend . want to know more check my profile

Posted by SincereStock > 2024-02-07 15:03 | Report Abuse

@TiffanixLVxHermes better don't get distracted by it's DY while it's revenue / EPS getting downhill, better wait for it's next QR first for further speculations~ price uptrend along with revenue / EPS downtrend a little doesn't make sense there~ just my 2 cents ^_^

Posted by SincereStock > 2024-02-07 15:05 | Report Abuse

SYGROUP got newly improved recent DY too btw ^_^

Posted by SincereStock > 2024-02-07 17:19 | Report Abuse

lmao share buyback at preclose prevented me to cut queue to top up a little more at 0.625 lol terus make the counter gap close at 0.64

been wondering who the heck doing that buying 1k lot at 0.640 until official buy back announcement

buy back has not been that much per day recently

luckily only queuing at 0.630 first liners and not kena trapped at 0.64 price lol

Posted by SincereStock > 2024-02-07 23:10 | Report Abuse

@TiffanixLVxHermes just had a glance back over the recent records, not quite sure what is the hints. just notice the higher the price the lesser the buy back? which is right thing to do I suppose.

I don't think they want to push up the price through buy back anyway, just supporting is good enough, let the market push the price itself up would be a better way to also preserve more value per share

Posted by SincereStock > 2024-02-07 23:12 | Report Abuse

o yeah another guess without refering back to the records, they do have habit buy back at preclose right? haha perhaps that's it

Posted by SincereStock > 2024-02-13 10:00 | Report Abuse

nice up 3% 1st day bursa after cny, potentially QR play this time?

Posted by SCM2023 > 2024-02-14 10:00 | Report Abuse

Please push it up so I can sell off my holdings

Posted by SincereStock > 2024-02-15 23:12 | Report Abuse

@TiffanixLVxHermes imo it all depends on next QR, if result is good, 0.7x is easy, 0.8x also not impossible

Posted by SincereStock > 2024-02-15 23:13 | Report Abuse

there is no catalyst to push it up 0.7x before QR release, unless the result is leaked and is actually good

Posted by SincereStock > 2024-02-16 17:38 | Report Abuse

hmm, seems like today's buyback wasn't done during preclose :-(

Posted by SCM2023 > 2024-02-20 08:26 | Report Abuse

TiffanixLVxHermes and SincereStock, please push it up faster so i clear my position.

Posted by speakup > 2024-02-20 09:10 | Report Abuse

Reverse Psychologi ni

Posted by SCM2023 > 2024-02-20 12:09 | Report Abuse

A few Sarawak companies already raised but not this counter.

Posted by SincereStock > 2024-02-20 12:22 | Report Abuse

@TiffanixLVxHermes

"cons:
low demand = lack of attention = low momentum"

"expect coming QR will be better than last QR"

above problem (cons) will be solved as soon as a better QR announced

Posted by shawn88 > 2024-02-22 18:02 | Report Abuse

Possible break 0.70?

Posted by SincereStock > 2024-02-25 22:53 | Report Abuse

@emiteno chase high CCK above NTA? haha nah no thanks

Posted by SincereStock > 2024-02-27 11:00 | Report Abuse

topped up a few more at 0.645 in response to baltic rising

Posted by SincereStock > 2024-02-29 09:28 | Report Abuse

sold half at open price of RM0.625, queue other half at RM6.30, after realising situation gone wrong, parked the rest at 0.620, luckily managed to sold the rest before price hit 0.610

why sell all? disappointing QR < enough said

Posted by SincereStock > 2024-02-29 11:56 | Report Abuse

@indeed already bought a few stakes of HARBOUR yesterday after their QR, will see if still can top up a few at lower price. SYGROUP has been uptrend for almost a year from price 0.500, the uptrent is supported by a few improve QR, but I think this QR is sign of the end of good QR and downtrend may (or may not) begin from here onwards

Posted by SincereStock > 2024-02-29 12:00 | Report Abuse

compare both QRs, 1 you can feel positivity especially on prospect and what they will do to improves while they already did well at bottomed container freight rate. another one blame freight rate uncertainty despite baltic index is better during that time and prospect being uncertain and playing defensive. face palm. mistake that I think QR here better due to better baltic index

Posted by SincereStock > 2024-02-29 12:00 | Report Abuse

luckily still managed to switch with little costs

Posted by Firefighter > 2024-02-29 22:55 | Report Abuse

Sygroup is an ol man stock. Best to pump n dump @ darling Harbour. More volatile..for easy profits :)))