Posted by Daz Ng > 2015-12-17 09:15 | Report Abuse

now its time to notice the support level.

Posted by almaine > 2015-12-17 09:16 | Report Abuse

let those contra players run first....will move back up later

Posted by moven00 > 2015-12-17 09:18 | Report Abuse

Can possible syndicate also sell on news,?

Posted by ykinvestor > 2015-12-17 09:19 | Report Abuse

Estimated FY16 whole year earning := 1.77 cents X 4 =70.8 cents. So FV = RM 0.71 cents based on PE of 10.

Posted by Daz Ng > 2015-12-17 09:21 | Report Abuse

start to u turn! those who havent buy, its time

Posted by ykinvestor > 2015-12-17 09:26 | Report Abuse

FY15Q4 EPS was 1.66 cents and the FY16Q1 EPS announced yesterday was 1.77 cents. Thus the estimated FY16 whole year earning of 1.77 cents X 4 =70.8 cents should be fair. We probably should expect EPS of greater than 71 cents.

Posted by Daz Ng > 2015-12-17 09:28 | Report Abuse

syndicate wont sell so fast, they wont satisfy with just small gain.

Posted by Tripaka > 2015-12-17 09:53 | Report Abuse

I am keeping some as fd. This company worth parking some here based on their current earnings and growth track record.

Posted by Alex Chan > 2015-12-17 10:04 | Report Abuse

Cyclical nature..can't be a flat 1.77 Eps each Q. Results so so. More or less fully valued

Posted by eltcap > 2015-12-17 10:30 | Report Abuse

Gone case

Posted by Alex Chan > 2015-12-17 10:31 | Report Abuse

Worst .majority of profits from property development. Export biz no impact. Declining rate in Q to come

Posted by Alex Chan > 2015-12-17 10:35 | Report Abuse

Profits not sustainable

Posted by eltcap > 2015-12-17 10:38 | Report Abuse

Wow alex.good

Posted by Daz Ng > 2015-12-17 10:49 | Report Abuse

its yet to be seen. wait till closing then only can tell

Posted by Daz Ng > 2015-12-17 10:50 | Report Abuse

new factory start operation in january, and main focus is on rubber wood export to china, india & japan. Earnings shall sustain above eps 1.00

Posted by Daz Ng > 2015-12-17 11:12 | Report Abuse

hope that 0.555 can turn into strong support

Posted by hunterdom84 > 2015-12-17 11:18 | Report Abuse

majority of profits from property side..yes, correct! but don't forget this is just partial revenue from previous projects and the next few quarters will be more revenue too..their current project at sg long and semenyih are doing very good as well..you can ask those property agent at cheras and they will tell you the fact..hence, next year will be better than now..

Posted by hunterdom84 > 2015-12-17 11:27 | Report Abuse

they're not like mieco, evergreen, liihen, poh huat, all revenue generated by export sales..their rubberwood market is mainly local; maybe 40% for export..but furniture 90% sales from export..

Posted by Witty > 2015-12-17 11:29 | Report Abuse

So. No more good news, next yr cont.

Posted by martinbartesque > 2015-12-17 11:33 | Report Abuse

If sales in future is not good, it can't be for SYF to build new factory & operate in coming Jan. Sure has good planning for future.

Posted by eltcap > 2015-12-17 11:57 | Report Abuse

Show end??

Posted by remiser > 2015-12-17 12:10 | Report Abuse

http://www.theedgemarkets.com/my/article/syf-resources-shares-falls-348-profit-taking :)

Posted by MarketWatcher > 2015-12-17 13:25 | Report Abuse

haha.. many people think property development is bad. but do u realise? the margin they got from the property section is double than the rest of the sections lol

they are taiko in semenyih. which taiko fail in their own territory?

Posted by Tripaka > 2015-12-17 13:29 | Report Abuse

Contra players gone case.....

Posted by zbaikitree > 2015-12-17 13:47 | Report Abuse

Told u ppls daz ng recommended a pump n dump

Posted by eltcap > 2015-12-17 14:17 | Report Abuse

Can i ask a ques? Why does its current liab. Is so high .tq

Posted by martinbartesque > 2015-12-17 17:40 | Report Abuse

Its debt ratio is 0.43. I can't say it is very good, but not bad. The lower the ratio is, the better it is. For example, the debt ratio of SP Setia is 0.49. I can't say SP Setia is not good. Normally company in expansion may have higher debt ratio. Need more capital for projects, especially property development and new factory built up.

Posted by martinbartesque > 2015-12-17 17:49 | Report Abuse

As from the latest earning report:
The increase of RM34.9mil in sales is from:
* Property sales - RM28mil
* increase in boards sales - RM3.2mil
* increase in rubberwood furniture export - RM7.3mil

It means sales from all segments is improving.

Posted by martinbartesque > 2015-12-17 17:54 | Report Abuse

As from the latest earning report:
* 2 new property projects will be developed over next 2 years.
* JV residential development will be launched in early 2016
* Extra capacity from factory will be operating in early 2016

Posted by MarketWatcher > 2015-12-17 20:12 | Report Abuse

feel relief to see there is someone else here can commend with facts rather than empty mouth and can think rationally.

Posted by gohcheehoh > 2015-12-17 20:13 | Report Abuse

a lot of ppl really buy on rumor and sell on result. good time to buy before exceed 0.65 real soon.

Posted by martinbartesque > 2015-12-17 22:27 | Report Abuse

If you study its price movement since Oct, its pattern is always "up & down", then rebound further to higher price. Sure all stocks have correction. For this stock, good chart is formed as all MAs 20, 50, 100 & 200 are in uptrend mode. I will expect it touches 0.70 before CNY.

Posted by Daz Ng > 2015-12-18 08:42 | Report Abuse

SFY To Charge To 64 sen If It Stays Above the 55.5 sen Mark, Says RHB Research
Our Reporter few seconds ago
Kuala Lumpur : It was a slow day for SYF Resources, but things could start changing soon for the better, as MyBursa understands that the company had an analyst and fund managers meeting yesterday.

It is understood that among the funds that attended the meeting were some of the biggest government linked funds in town. SYF already counts, Norway's Central Bank - Bank of Norges and Insas as some of its strong minority shareholders. The analyst reports should start coming in by today, and it looks like this will be the first time that SYF will be given a rated report, by the research firms.

Elsewhere, on a technical view point, RHB Research says that if SYF stays above the 55.5 sen mark, then "Traders may buy as a bullish bias could be present above this level, with a target price of 64 sen a share."

Posted by ryanze > 2015-12-18 08:48 | Report Abuse

based on the news from myBursa, can expect more analyst report from researchers coming in soon.

With contra players all flushed out by yesterday profit taking, now can expect mid-long term investors coming in

Posted by almaine > 2015-12-18 10:17 | Report Abuse

time to move up with all the positive news!!!

Posted by itlim67 > 2015-12-18 11:19 | Report Abuse

1.00 hehe... :)

Posted by eltcap > 2015-12-18 11:48 | Report Abuse

Crash

Posted by Daz Ng > 2015-12-18 21:55 | Report Abuse

Building base/support around 0.555-0.56 level. Hope up trend will sustain, as long as myr is keep at this level. This stock is poised for rerating. Have a great weekend everyone! Cheers!

Posted by zbaikitree > 2015-12-18 21:58 |

Post removed.Why?

Posted by eltcap > 2015-12-19 14:34 | Report Abuse

Monday will drop till 530?

Posted by Daz Ng > 2015-12-21 08:22 | Report Abuse

Today's the edge financial daily did an interview with SYF Resources Executive Director. Promise of double digit growth in 2016 & introduce continuos dividend in 2017. This counter is trailing at PE 10.46 compare to other peer/furniture stock which is enjoying PE of 14.6

Posted by ktsk88 > 2015-12-21 08:47 | Report Abuse

Nice info at the right time DazNg. If you post this in Instacom, Zbaikitree will bark you up the tree. Hahahaha

Posted by Daz Ng > 2015-12-21 09:36 | Report Abuse

Hi ktsk88, yeah. Im clueless with that fella. It seems like EPF will come in very soon. Fingers cross

Posted by eltcap > 2015-12-21 11:01 | Report Abuse

Thts abit too far to be spoken dazng...

Posted by Tripaka > 2015-12-21 11:06 | Report Abuse

Power play

Posted by WenMushroom > 2015-12-21 15:14 | Report Abuse

Will it be too late to enter?

Posted by Tripaka > 2015-12-21 15:25 | Report Abuse

Thank you syf.

Posted by eltcap > 2015-12-21 15:48 | Report Abuse

Anyone dare to think that it will hit 80 cen?

Posted by seabird > 2015-12-21 16:09 | Report Abuse

nothing is impossible in boleh land

Posted by chiongster1234 > 2015-12-21 16:19 | Report Abuse

:)