there is nothing good about this company. Malaysia share market tumor. beware of who borrow money to make business. Dont get cancel. There is a lot of people like najib this company.
I want to ask a stupid question. Why the lower oil price doesn't benefit the shipping company? From my logic thinking, at least 50-60% of their cost is the oil, so when oil price dropped from USD100 to USD50, the profit margin should at least increase 20-30%. Why SYSCORP's profit is not increase
With cheaper oil prices, why are consumer goods not getting cheaper? After all, the costs of goods are linked closely to fuel prices. You simplicity in thought is showing. Haha
Don't assume all their revenue will go to this listed company, they still has many sub-sub company that is independently has their own unique account. No matter how profitable this shipping industries and kan tao that they got, it will not fully appear in their account and don't hope so much they will pay any dividend to you. Good luck and pray to god if you want invest and take your own risk if you can make decision on your own.
waiting for instruction first from captain for emergency fire drill but first of all before that please make sure you know where is your life jacket first. get ready to use it at any time. hahaha that is seafarer life.
Have confidence in Syscorp for the time being as it's turning around and made a small profit last qtr. next qtr result will be out anytime soon. Will change my mind and jump ship also if bad....hehehe!
not need wear lifejacket at the middle of the ocean before jumping in? looks like not a good idea. If no instruction at least go out check to see if ship is sniking or not. sometimes its look like sinking but its not.
ShinYang is sarawakian-foochow's company....never hope it will give high dividend, be careful for the financial report, businessman like to show those number that they want to share, it can be good or bad.
If I was you,I will watch Najib's scandal movie, 1MDB or Malaysian Dilemma. Its a lot more interesting than enjoying watching Malaysia based award winning movies.
Malaysian Prime Minister Najib Razak sacked his deputy and four other ministers in a cabinet reshuffle on Tuesday, and replaced the attorney general, in a bid to stifle questions over a graft scandal at debt-laden state investment fund 1MDB. This phenomenon is not new and widely use some of the well-known company to handle debt ridden crisis and reshuffle the organization. They will force you to write resignation letter but telling you they are reshuffling their employee. So don't be shock if Najib is reshuffle his cabinet while this method is already in use by some big company like Shin Yang.
If they are arguably need to counter increase in expenditure, why they can spend their life in such a lavish lifestyle with owning, ninja king worth RM800k more than 20 and top supercars like Ferrari, Lamborghini, Lexus and BMW i-class super cars??
I hope all directors and all his relatives go to hell for what they have done to all people in Sarawak and my people and to this beautiful land of Sarawak. They may not rest in peace. All go to hell. May god send them to hell in the church that they build.
This company is still in operation and cut down trees illegally even CM Sarawak banning license to this company. Great job Shin Yang. You are the top of the world.
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rlch
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Posted by rlch > 2015-04-14 09:34 | Report Abuse
Once bitten, twice shy. Low EPS, no dividend, share price not cheap.