Posted by itlim67 > 2015-12-21 18:25 | Report Abuse

1.00 hehehe...

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

Really is possible. Its RSI is 74 now. In May 2014, it has been increased from RM0.75 (at RSI 74) to RM1.25 (at RSI 92). It was about RM0.50 increase.

Posted by padawan > 2015-12-21 20:42 | Report Abuse

The article daz ng mentioned in case anyone missed. thx
http://www.theedgemarkets.com/my/article/property-sector-fuel-syf-resources-going-forward

Posted by thesteward > 2015-12-21 22:18 | Report Abuse

:-D

Posted by market388 > 2015-12-21 22:59 | Report Abuse

uptrend rl 1: 625 rl 685 rl 715

Posted by KoonBee1 > 2015-12-21 23:07 | Report Abuse

All counter bot by insas Datuk Thong sure double or triple in certain period of holding i.e Inari etc...syf will be definetly another one upcoming

Posted by gohcheehoh > 2015-12-22 00:39 | Report Abuse

As predicted, ppl sell on rumor/result. Investor will keep top up when ppl selling their stock during result announcement. This stock will continue enjoy good run at least for next 4 mths ( RM 0.8 to RM 1.0 ) Next qtr result have strong potential of 3X profit grow.

Posted by Daz Ng > 2015-12-22 06:57 | Report Abuse

Kuala Lumpur : SYF Resources, broke two barriers today, first the 58 sen hurdle and then the 60 sen level.

The research reports on SYF's analyst briefing is not out yet, and hence there is momentum left for this stock to move closer to 70 sen before it takes a break.

SYF will need one more quarter of strong growth if funds are to buy in. With that, there options to do some form of corporate exercise, perhaps even a bonus issue, if the stock can climb up to RM1 a share.

Do that, and before 2016 is over, we might be looking at a SYF with a market capitalization of RM1 billion, and value and wealth creation for its shareholders. It is still early days, but MyBursa's next big thing have more than a fair chance of being one of the top stocks in the first 5 months of 2016.

Posted by Daz Ng > 2015-12-22 07:03 | Report Abuse

If EPF and other fund are confirm to invest in SYF, even value cap might be one of them. Im sure bonus issue will be the part of the attracting offer to Fund Manager. So bonus issue in 2016 & 2017 implement of dividend policy for SYF.

Posted by Daz Ng > 2015-12-22 07:08 | Report Abuse

So when is the righ time for bonus issue? For me personally, its January 2016. End of December which is now = window dressing, so this is the best opportunity to invite Fund Manager and there are project which worth rm500mil to launch in 2016. The Best time to launch a project from marketing point of view is during Chinese New Year. The easiest way to gather crowd with festive season mood.

Posted by Daz Ng > 2015-12-22 07:10 | Report Abuse

With all these catalyst in place, rm 1.00 mark is achievable before June of 2016.

Posted by chiongster1234 > 2015-12-22 10:29 | Report Abuse

:)

Posted by saltedfish > 2015-12-22 10:56 | Report Abuse

No way EPF will invest in this company la

Posted by saltedfish > 2015-12-22 10:56 | Report Abuse

Run by carpenter-turned-"corporate"man, Lol

Posted by saltedfish > 2015-12-22 11:04 | Report Abuse

Gemas plant got suspended by Gemas authority for emitting too much Co2. Mainly because using cheap China made machinery....

Posted by peter123 > 2015-12-22 12:04 | Report Abuse

I just entered 0.605

Posted by hunterdom84 > 2015-12-22 13:18 | Report Abuse

"Run by carpenter-turned-"corporate"man, Lol" SALTEDFISH, your comment so sarcastic! you are professional, then you should run a "corporate"? lol!

Posted by eltcap > 2015-12-22 13:20 | Report Abuse

Carpenter seem more successful than a professional ..wow

Posted by hunterdom84 > 2015-12-22 13:37 | Report Abuse

salted fish@ r u sure that hevea (your favorite stock), evergreen, mieco, they r totally not using China made machinery?? ur electronic equipments r nt made in china? funny u r!

Posted by eltcap > 2015-12-22 13:44 | Report Abuse

@hunterdom84 you think syf can go how far technically?

Posted by peter123 > 2015-12-22 13:56 | Report Abuse

Afternoon sure can rebound!

Posted by saltedfish > 2015-12-22 15:10 | Report Abuse

Hunterdoomed, I am very sure Hevea uses only German machinery

Posted by saltedfish > 2015-12-22 15:11 | Report Abuse

And very sure also SYF only used China machinery

Posted by almaine > 2015-12-22 15:39 | Report Abuse

haha....good question. I wanna know too

Posted by tcn888 > 2015-12-22 15:49 | Report Abuse

www.theedgemarkets.com/my/article/stock-momentum-syf-resources?type=Corporate

Posted by eltcap > 2015-12-22 15:52 | Report Abuse

Hahaha perhaps saltedfish is complaining on the quality of its products.

Posted by jay_j > 2015-12-22 16:05 | Report Abuse

SYF no kang tao

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

no worries. Steady. Chart is still very nice.

Posted by eltcap > 2015-12-22 22:04 | Report Abuse

Show finish?

Posted by gohcheehoh > 2015-12-23 01:32 | Report Abuse

Friends, this counter barely started the show. Stay tune and hold this counter tight for at least next 6 months as long as usd > 4.
This counter can give you 50%-100% gain.
You hardly find a stock with solid yoy rev and profit grow. Epically coming quarter had 3X profit grow potential

Posted by eltcap > 2015-12-23 10:29 | Report Abuse

Seems dead.

Posted by eltcap > 2015-12-23 10:42 | Report Abuse

Dead

Posted by almaine > 2015-12-23 10:54 | Report Abuse

this counter is not for those short term investors

Posted by peter123 > 2015-12-23 11:47 | Report Abuse

Still confident to make profit although i entered at 0.605

Posted by padawan > 2015-12-23 11:59 | Report Abuse

yeah. i think profit is quite likely given prospects in next 12 mths. the question is how much profit. looking at the historical financial of the company, i'm impressed by how they turnaround in the past 2 years. have not studied the financials in detail or what they did to turnaround but this is on the surface observation

Posted by Witty > 2015-12-23 13:54 | Report Abuse

See you guys next year. Lol.

Posted by padawan > 2015-12-23 15:48 | Report Abuse

Lol. lets hope for the best

Posted by peter123 > 2015-12-23 15:52 | Report Abuse

All the best .....

Posted by Daz Ng > 2015-12-23 17:10 | Report Abuse

Stock will never move up in a straight line. Is everyday sunday?

Posted by gohcheehoh > 2015-12-23 18:35 | Report Abuse

syf is shy stock and will climb up using baby steps approach. you will get reward and should exceed rm 1 within next 6 months.

Posted by Daz Ng > 2015-12-24 13:38 | Report Abuse

Merry christmas & Happy Holiday to all SYF supporter!!! All the best and looking forward to next week!! Cheers!!

Posted by Hazel Lee Mei Gin > 2015-12-25 01:25 | Report Abuse

Same here

Posted by moniekj > 2015-12-25 09:16 | Report Abuse

Rhb-Osk is outdated

Posted by moniekj > 2015-12-25 09:17 | Report Abuse

I mean their target price

Posted by koonbee6 > 2015-12-25 09:23 | Report Abuse

Yes...sin kao jack, head of analysis from osk are real lousy

Posted by padawan > 2015-12-25 12:25 | Report Abuse

Hi everyone. I did a little analysis on SYF. On a conservative basis, it seems that for px to hit RM1.00, the next FYE 2016 needs to be at least RM50mil net profit (2x of last FYE)

FYE 2015 - EPS - 4.0 sen
FYE 2016 - EPS - est 8.0 sen - RM1.00 / 8 sen - 12.5x PE

The question is, is this achievable? Definitely not from Rubberwood and Particle Board but possible from property dev

Rubberwood is stable and seems to be quite ok in Q1 (profit RM5mil). Assume it continues and whole year profit is RM18mil from this division

Particle Board is fast growing and will grow more with the new capacity expansion. Good thing is that alot of the set up costs has been spent last year and hopefully less of these costs in FYE 2016. Q1 profit was about rm1.0mi. Assume whole year profit is RM4 mil for this division

Now for property development. In The Edge article, it was stated that total GDV is RM500mil over next 3 years. SYF currently has 4 ongoing projects - Kiara Plaza, Wira Heights 3, Lavender Residence, and Semenyih Hi-Tech 7. (based on the estimated value of these projects, it should be alot higher than RM500mil)

Out of these 4, Kiara Plaza (est GDV RM364mil) and Wira Heights 3 (est GDV RM76mil) is supposed to be COMPLETED by end 2017. This means that a total GDV value of RM440mil is to be recognised in 2016 and 2017.

Assuming that 50% of that GDV managed to be recognised in FYE 2016, that translates to revenue of RM220 mil, and with net profit estimate at 18% margin, that translates to profit of RM39.6 million.

This ties in with the statement that SYF wants to start a dividend policy in 2017, which means they are expecting cash from these projects to pay off loans while its other biz division improve operating cash.

So estimated profits for FYE 2016
Rubberwood - RM18mil
Particle Board - RM4mil
Prop Dev - RM39.6 mil
Total RM61.6 mil
less tax of RM13.6mil (approx 22%)
= RM48 million
EPS = RM48 mil / 611mil shares = 7.86 sen


Of course arriving at this depends on many many factors and things could go wrong or be delayed. But hopefully it will stay on course and the company achieves these targets.

These are all estimation from public info. Would love to hear your thoughts on this and if anyone has any special insights into syf, would appreciate it :)

Happy holidays and happy new year

Posted by moniekj > 2015-12-25 13:09 | Report Abuse

Good sharing. Target price is 0.786 x 17.6 ( Inari pe)= 1.38..haha..huat ah..

Posted by saltedfish > 2015-12-26 15:26 | Report Abuse

CHL will be dumping to you at that kind of price

Posted by Daz Ng > 2015-12-26 17:01 | Report Abuse

Padawan, i give a very big like!

Posted by stok3898 > 2015-12-26 17:24 | Report Abuse

Recently its subsidiary launched a condo in bdr sg long, within a week all sold