SYNERGY HOUSE BERHAD

KLSE (MYR): SYNERGY (0279)

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Last Price

1.22

Today's Change

-0.02 (1.61%)

Day's Change

1.21 - 1.23

Trading Volume

149,900


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597 comment(s). Last comment by FintechHarmony 1 day ago

LalisaFang

232 posts

Posted by LalisaFang > 2024-08-16 12:04 | Report Abuse

accumulate it before it go up to RM1.50 and above 😉

Coralmoon

13 posts

Posted by Coralmoon > 2024-08-16 13:01 | Report Abuse

Gogogo, Synergy! ✌

VeeCJay

69 posts

Posted by VeeCJay > 1 day ago | Report Abuse

Strong return today, monday can continue the momentum

Posted by KaiserKazer > 2024-08-16 16:29 | Report Abuse

if close above 1.15 then very huat lor, mb next week got chance

kahfui1221

414 posts

Posted by kahfui1221 > 2024-08-19 09:50 | Report Abuse

Breaking EMA 10 now. Next will be EMA 30 🔥

Posted by w0nderfultime > 2024-08-27 18:08 | Report Abuse

The B2C segment continues to show strong growth, now accounting for 54% of total revenue, up from 52.2% in 1Q24. The summer season in the US began late in 2Q, leading to increased consumer spending on outdoor furniture and other necessities rather than Synergy’s indoor furniture.

Posted by w0nderfultime > 2024-08-19 15:51 | Report Abuse

Buy synergy for long term growth, 2H of 2024 will be stronger!

Posted by YieldSeeker > 2024-08-19 18:21 | Report Abuse

Director shows confidence by buying back shares. What are you waiting for 😁

https://klse.i3investor.com/web/insider/detail/D_180593_3331877763

fl1zz0

55 posts

Posted by fl1zz0 > 2024-08-20 16:09 | Report Abuse

Follow director buy lor, 1.20 next stop

duriand24

51 posts

Posted by duriand24 > 2024-08-27 18:54 | Report Abuse

buy more SYNERGY !! B2C segment showing strong growth, making up of 54% of total revenue, up from 52.2% in 1Q24.

mf

29,214 posts

Posted by mf > 2024-08-27 19:01 | Report Abuse

sell

Luisa7

171 posts

Posted by Luisa7 > 2024-08-20 21:30 | Report Abuse

Buy and wait for it to hit RHB's TP 😉

Posted by wiminvestor > 2024-08-21 15:48 | Report Abuse

why sell, recently stable down alrdy... support is strong here

Posted by KaiserKazer > 1 day ago | Report Abuse

Synergy are very possible to breakout soon, Rhb tp are achievable in 2-3 month

DouglasLiu

289 posts

Posted by DouglasLiu > 2024-08-21 18:04 | Report Abuse

The management is optimistic about global e-commerce growth. Next QR will be outstanding

Posted by TradeHarbor > 2024-08-21 20:18 | Report Abuse

The U.S. bedroom furniture market size is expected to reach $72.48 billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030 🔥

https://www.woodworkingnetwork.com/furniture/bedroom-furniture-market-reach-7248-billion-2030

Posted by w0nderfultime > 2024-08-27 21:41 | Report Abuse

Synergy alrdy deliver result from 2022 -2023 and will continue in 2024, keep buying below 1.10

fl1zz0

55 posts

Posted by fl1zz0 > 2024-08-22 16:30 | Report Abuse

Synergy interview with BFM 財今

https://www.youtube.com/watch?v=F6aQTsE9nEQ

Posted by YieldSeeker > 2024-08-22 20:19 | Report Abuse

Great interview. Have high hope that the company will turn green in the next quarter

duriand24

51 posts

Posted by duriand24 > 2024-08-23 22:53 | Report Abuse

ez for synergy lah, recent issue are just short term better aim for long term growth

Posted by wiminvestor > 2024-08-23 16:06 | Report Abuse

Synergy will become a big winner in 2024, mark my words

LalisaFang

232 posts

Posted by LalisaFang > 2024-08-23 17:06 | Report Abuse

Actually Synergy was making profits one if deducted the provision of bad debts

Luisa7

171 posts

Posted by Luisa7 > 2024-08-28 08:05 | Report Abuse

Just a matter of time for this counter to rally again. Mark my words 😉

kahfui1221

414 posts

Posted by kahfui1221 > 12 hours ago | Report Abuse

Synergy house will benefit from the Wayfair platform as well as the potential to establish new recurring revenue streams through partnerships with other local furniture manufacturers

VeeCJay

69 posts

Posted by VeeCJay > 2024-08-28 09:03 | Report Abuse

wayfair is a good platform.... see how synergy make a turnaround in 2H 2024

Posted by YieldSeeker > 2024-08-28 09:12 | Report Abuse

Furniture on Wayfair is on sale right now !
https://www.usatoday.com/story/money/reviewed/2024/08/25/wayfair-labor-day-sale/74944127007/

Posted by KaiserKazer > 2024-08-26 09:12 | Report Abuse

Long way for Synergy, below 1.10 is collect region

Posted by w0nderfultime > 2024-08-28 09:13 | Report Abuse

can feel the bull run is here, Synergy last week cheap price

fl1zz0

55 posts

Posted by fl1zz0 > 2024-08-28 09:23 | Report Abuse

B2C segment are having a strong growth, making up of 54% of total revenue, up from 52.2% in 1Q24. 2H sales are very likely to improve again

Posted by TradeHarbor > 2024-08-28 09:26 | Report Abuse

The company has a dominant position in B2C sales and has established a strong presence on third-party e-commerce platforms in the United States, the United Kingdom, Canada, and Germany. Invest it with confidence 👍

Posted by YieldSeeker > 2024-08-27 20:24 | Report Abuse

Affordable furniture is definitely booming overseas

duriand24

51 posts

Posted by duriand24 > 2024-08-28 16:21 | Report Abuse

The US Furniture Market Report 2022 stated that the US furniture market is expected to reach a value of US$288.9 billion (RM1.35 trillion) by 2026, with a compound annual growth rate of 4.47% from 2022 to 2026.

duriand24

51 posts

Posted by duriand24 > 2024-08-28 16:21 | Report Abuse

Malaysia exported RM13.86 billion of furniture globally in 2022, with the US being its top export destination at RM7.24 billion or 52.2% of the nation’s total furniture exports last year. Malaysia was the US’ sixth largest source of imported furniture in 2022, accounting for 2.78% of its total furniture and bedding import value.

nrama123

11 posts

Posted by nrama123 > 2024-08-28 09:46 | Report Abuse

Than why SYNERGY everyday drop?

LalisaFang

232 posts

Posted by LalisaFang > 2024-08-28 18:05 | Report Abuse

Funds are flowing to bank stocks, I think ..

Posted by TradeHarbor > 2024-08-28 20:34 | Report Abuse

Every pullbacks is an opportunity. Don't miss it 😉

Posted by wiminvestor > 2024-08-29 16:02 | Report Abuse

sadly kena push down.... below 1.00 is cheap....

Posted by YieldSeeker > 2024-08-29 11:21 | Report Abuse

People with spare money will shop something today. hehe

Posted by KaiserKazer > 2024-08-29 17:22 | Report Abuse

Synergy manage to close green, queue lower for tmr

Luisa7

171 posts

Posted by Luisa7 > 2024-08-29 18:11 | Report Abuse

UK eco-friendly furniture market sees significant growth as consumer demand rises, driven by sustainability and environmentally conscious choices. Will Synergy House explore into eco-friendly furniture ? 😀

https://www.einnews.com/pr_news/739003983/surging-demand-for-eco-friendly-furniture-drives-market-growth-in-the-uk

Callimori

58 posts

Posted by Callimori > 2 months ago | Report Abuse

Buy synergy

Posted by Welsonnotwell > 1 month ago | Report Abuse

return to profit soon?

Posted by FintechHarmony > 5 hours ago | Report Abuse

Back above 1.20

4dking777

403 posts

Posted by 4dking777 > 1 month ago | Report Abuse

Furniture slowly come back

bizbro

151 posts

Posted by bizbro > 3 weeks ago | Report Abuse

Ong mari ong mari beli Synergy!

Posted by minizzizin > 3 weeks ago | Report Abuse

Go go synergy green green day

zamry

173 posts

Posted by zamry > 3 weeks ago | Report Abuse

Go ahead

Income

12,468 posts

Posted by Income > 3 weeks ago | Report Abuse

Ini Trump counter?

troy88

3,042 posts

Posted by troy88 > 3 days ago | Report Abuse

Great QR. Back with a vengeance!

Posted by FintechHarmony > 2 days ago | Report Abuse

Maintain BUY and MYR1.55 TP, 22% upside and c.2% FY25F yield. We trim our FY24F EPS by 3.5% but keep our FY25F earnings and TP, on expectations of margin recovery. We remain positive on Synergy House’s prospects driven by its expansion into higher price-point segments on business-to-consumer (B2C) e-commerce platforms. Manpower costs should stabilise from FY25F as it approaches its target headcount. Coupled with stronger year-end festive sales and expected improving operational efficiency in FY25F, we believe SYNERGY remains an attractive investment opportunity.

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