SHIN YANG GROUP BERHAD

KLSE (MYR): SYGROUP (5173)

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Last Price

0.655

Today's Change

-0.005 (0.76%)

Day's Change

0.645 - 0.66

Trading Volume

250,400


5 people like this.

1,408 comment(s). Last comment by TiffanixLVxHermes 10 hours ago

Posted by Firefighter > 2 months ago | Report Abuse

If QTR do not meet expectation today.. sure gap down tmrw! So becareful punters.. watch your step! I got rid of mine..

SCM2023

27 posts

Posted by SCM2023 > 2 months ago | 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 > 2 months ago | Report Abuse

Hehe. Gap down!

slts

2,141 posts

Posted by slts > 2 months ago | Report Abuse


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

speakup

24,474 posts

Posted by speakup > 2 months ago | Report Abuse

OMG! @slts thanks for sharing!

Posted by asianmarket > 2 months ago | Report Abuse

@slts

Why explosive?

Income

9,466 posts

Posted by Income > 2 months ago | Report Abuse

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

mrcrab

112 posts

Posted by mrcrab > 2 months ago | Report Abuse

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

Income

9,466 posts

Posted by Income > 1 month ago | Report Abuse

When L Up?

shawn88

192 posts

Posted by shawn88 > 1 month ago | Report Abuse

red sea no affect?

speakup

24,474 posts

Posted by speakup > 1 month ago | 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

SincereStock

1,936 posts

Posted by SincereStock > 1 month ago | 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

shawn88

192 posts

Posted by shawn88 > 1 month ago | Report Abuse

Bdi continue low

SincereStock

1,936 posts

Posted by SincereStock > 1 month ago | 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

SCM2023

27 posts

Posted by SCM2023 > 1 month ago | 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. ๐Ÿ˜€

SincereStock

1,936 posts

Posted by SincereStock > 1 month ago | 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

speakup

24,474 posts

Posted by speakup > 1 month ago | Report Abuse

1st TP 70ยข

shawn88

192 posts

Posted by shawn88 > 1 month ago | Report Abuse

back to 0.60.... soon

Posted by TiffanixLVxHermes > 2 weeks ago | Report Abuse

expect better QR
1. improved freight rate
2. improved baltic index
3. improved shipbuild/repair orders

believe share price will climb up above 0.7x before end of Feb
1. improved dividend yield

cheers ๐Ÿ˜Ž

SincereStock

1,936 posts

Posted by SincereStock > 2 weeks ago | 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

SincereStock

1,936 posts

Posted by SincereStock > 2 weeks ago | 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

SincereStock

1,936 posts

Posted by SincereStock > 2 weeks ago | 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

SincereStock

1,936 posts

Posted by SincereStock > 2 weeks ago | Report Abuse

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

speakup

24,474 posts

Posted by speakup > 2 weeks ago | Report Abuse

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

SincereStock

1,936 posts

Posted by SincereStock > 2 weeks ago | Report Abuse

@speakup wait for catalyst aka next QR

SincereStock

1,936 posts

Posted by SincereStock > 2 weeks ago | Report Abuse

previous catalyst "red sea crisis" lasted too soon

Posted by TiffanixLVxHermes > 2 weeks ago | Report Abuse

@ sincerestock
good entry price

my TP around 0.75
let's see how it perform after chinese new year

* FM will be my next target after offload SYGROUP ๐Ÿ˜‚

SincereStock

1,936 posts

Posted by SincereStock > 2 weeks ago | 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 TiffanixLVxHermes > 2 weeks ago | Report Abuse

๐Ÿ˜Š hope can enter below 0.60
good dividend yield attracts me

Posted by TheNormieTrader > 2 weeks ago | 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

SincereStock

1,936 posts

Posted by SincereStock > 2 weeks ago | 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 ^_^

SincereStock

1,936 posts

Posted by SincereStock > 2 weeks ago | Report Abuse

SYGROUP got newly improved recent DY too btw ^_^

SincereStock

1,936 posts

Posted by SincereStock > 2 weeks ago | 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 TiffanixLVxHermes > 2 weeks ago | Report Abuse

check back the record of share buyback vs chart movement
any hints? ๐Ÿ˜Ž

๐Ÿ˜Šholiday started, will check in again next week.. TP: 0.75!

SincereStock

1,936 posts

Posted by SincereStock > 2 weeks ago | 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

SincereStock

1,936 posts

Posted by SincereStock > 2 weeks ago | 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

SincereStock

1,936 posts

Posted by SincereStock > 1 week ago | Report Abuse

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

SCM2023

27 posts

Posted by SCM2023 > 1 week ago | Report Abuse

Please push it up so I can sell off my holdings

Posted by TiffanixLVxHermes > 1 week ago | Report Abuse

unlikely today
operators on leave ๐Ÿ˜‚

Posted by TiffanixLVxHermes > 1 week ago | Report Abuse

watch out!
technically + fundamentally = going possibly to break 0.7x soon

Cheers ๐Ÿ˜

SincereStock

1,936 posts

Posted by SincereStock > 1 week ago | Report Abuse

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

SincereStock

1,936 posts

Posted by SincereStock > 1 week ago | Report Abuse

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

SincereStock

1,936 posts

Posted by SincereStock > 1 week ago | Report Abuse

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

Posted by TiffanixLVxHermes > 1 week ago | Report Abuse

waiting to top up @ 0.63 ๐Ÿ˜Ž

Posted by TiffanixLVxHermes > 1 week ago | Report Abuse

fully loaded now ๐Ÿ˜‰
vrom vrom vrom

SCM2023

27 posts

Posted by SCM2023 > 6 days ago | Report Abuse

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

speakup

24,474 posts

Posted by speakup > 6 days ago | Report Abuse

Reverse Psychologi ni

Posted by TiffanixLVxHermes > 6 days ago | Report Abuse

i am poor buyer but good seller
operators are here
they might listen to you ๐Ÿ˜Ž

** baltic index up.. good signal for business

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