Posted by LalisaFang > 2 weeks ago | Report Abuse

Rally continues. One of the strong furniture counters

Posted by JT1601 > 2 weeks ago | Report Abuse

What happen? Suddenly drop so much

Posted by FintechHarmony > 1 week ago | Report Abuse

1.30 coming?

Posted by JT1601 > 1 week ago | Report Abuse

Chance to top up

Posted by astor1es > 6 days ago | Report Abuse

Hard to see 1.30

Posted by JT1601 > 5 days ago | Report Abuse

Now 1.30...

Posted by ripcudin78 > 5 days ago | Report Abuse

wah buy on weakness!

Posted by loonisback > 5 days ago | Report Abuse

don't catch the falling knife

Posted by faridfet > 5 days ago | Report Abuse

you all semua sudah kena, K.O

Posted by SALAM > 5 days ago | Report Abuse

tunggu dekat RM1.00.........

Posted by JT1601 > 5 days ago | Report Abuse

Kena no profit much only.

Posted by StingRay > 5 days ago | Report Abuse

This is a cornered counter. Up or down would be at the mercy of their investors. It has gone up too much and too short time frame. Today's sell down is good and would pave way for more play in the future. Please take note this is not a buy or sell call yet. Still monitoring and see what action would be next. ✌️

Posted by StingRay > 5 days ago | Report Abuse

For those that heed my warning earlier on would be smiling now. Anyway, it is a good play. 🤣✌️

Posted by FintechHarmony > 5 days ago | Report Abuse

awful day for syngery

Posted by Lee Ying Yee > 5 days ago | Report Abuse

high PE ?? low NTA ???

Posted by MD8888 > 5 days ago | Report Abuse

https://theedgemalaysia.com/node/719382

Posted by Coralmoon > 5 days ago | Report Abuse

Yes, Stingray! As Bernard Baruch once said, I am selling too soon but I'd like to observe...

Posted by speakup > 5 days ago | Report Abuse

sell so that others got chance buy cheap

Posted by StingRay > 5 days ago | Report Abuse

As far as I know, there are no change in their fundamental. Business is still growing and they are still doing very well. From the movement today, my guess... See the word guess... One of their investors may have sold off as they are happy with what they gain. And due to the sell down, the price could have hit a stop loss of one margin account that trigger margin call. Not sure if there are more to sell but I don't think there will a lot left. Anyway, don't take my word for it as I am just guessing based on today's movement. Will need to see how their movement for few more days. Then I may have a better picture of the situation.

Why I am still interested in this? Because I trust they can produce and deliver the result I expected. Hope for the best. ✌️

Posted by StingRay > 4 days ago | Report Abuse

At the moment, seems like the selling slowed down. Not as aggressive as yesterday. Waiting for clearer indication as well as clearing of day traders ticket first.

Posted by StingRay > 4 days ago | Report Abuse

Today they should be busy with visitors from the biggest retailer in US. If things goes through smoothly, that will really boost their sales multiple times. That was what I was informed. Wish them the best. ✌️

Posted by mf > 4 days ago | Report Abuse

0279 SYNERGY, SYNERGY HOUSE BERHAD - +
Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
18 Jul 2024, 12:38
Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
Letter Subject or Reference - UNUSUAL MARKET ACTIVITY
Synergy House Berhad ("Synergy" or "the Company") - Reply to Query on Unusual
Market Activity
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Posted by paulthesotong > 4 days ago | Report Abuse

mf buy or sell?

or none of the above.

Posted by goldmanbull > 4 days ago | Report Abuse

Stingray, you know someone inside?

Posted by emptech > 4 days ago | Report Abuse

Kena uma lol, good signal to get in

Posted by StingRay > 4 days ago | Report Abuse

As I said, it is business as usual there. I guess it is a small player with about 5m shares that got margin called since synergy was sold down from above 1.80 to 1.30. when that level got hit, then they will sell like crazy. Anyway, it is well played. 👍

Posted by StingRay > 4 days ago | Report Abuse

Goldmanbull, I follow their progress closely as I believe this counter is a gems for 2024. The first round I bought was 0.365 and sold off in stages due to my large holding. It went up above 1.80 which I did not expect. Anyway, it is good if they can slow down their swing. Since it is a cornered counter, whoever play will be at the mercy of their investors. Best of luck to all. ✌️

Posted by dxbman > 4 days ago | Report Abuse

BUY/COLLECT

Posted by Kkristal > 4 days ago | Report Abuse

Back above 1.50 in no time

Posted by goldmanbull > 4 days ago | Report Abuse

@Stingray, Thanks for your sharing. I made 100% from this stock. It was a good return in a span of few months only. I sold few weeks back when the chart doesnt look to good already. I am a fundamental investor which prefers to hold for years. But when the rally when up too fast, better to sell first and let the dust settle.

Posted by goldmanbull > 4 days ago | Report Abuse

Synergy will still be in my list as it is a good counter fundamentally. I like what management is doing too and huge market potential since they are export driven and can scale up very fast with wide supplier readily available.

Posted by goldmanbull > 4 days ago | Report Abuse

This counter buy sell queue volume can be quite low so the price can move up and down very fast. I had a huge position too and had to slowly dispose off.

Posted by goldmanbull > 4 days ago | Report Abuse

Shall wait for clearer indication if there's an opportunity to re enter

Posted by StingRay > 4 days ago | Report Abuse

Goldmanbull, glad you made money from this and I guess there will be more and better opportunities coming. The small buy and sell is normal as I have mentioned, it is a cornered counter. Meaning not many free float share available and most of their investors hold tightly what they have invested. Often times I do come across some info of their progress. Also whenever possible, I frequently update the people in my small group. So far am very glad that everyone made quite good profit. Hopefully there will be more in time to come. Cheers! ✌️

Posted by ShTan1 > 4 days ago | Report Abuse

Is it good to enter tmr? or wait for drop again

Posted by StingRay > 4 days ago | Report Abuse

If anyone could predict the future, he or she will be the richest person on this planet. Why waste time predicting the share when you could predict the jackpot? The return is much more.

Jokes aside, I can only share what I am doing and what I know. Whatever decision you make would depend on yourself. You yourself knows what is your risk level and holding power. What is your objectives and preferences. I still remember the last time I tried to recommend it when I was buying but was being mocked by a madman purely because I don't share his view. So, I no longer make any buy or sell call but tried to share as much info as possible so that whoever is interested could use it for making their own decision. Your money and you are responsible for your money. Never let others to tell you what you should or should not do with your hard owned money. Hope this clarified my position. ✌️

Posted by SALAM > 4 days ago | Report Abuse

Hmm, more like a technical rebound........

Posted by goldmanbull > 4 days ago | Report Abuse

@Stingray, mine to share your mini group? Would love to learn alongside like minded individuals. Cheers

Posted by StingRay > 3 days ago | Report Abuse

That little group consist on 5 members and we don't all the time chat about the market. Sometimes we even share photo of our vacation and place of interest. It was set up by one of our long time forummer that we used to chat when we were played call and put option. But at one point I become inactive I was busy on my business. Only in the last 2 years we managed to get back together and shared our info and investment strategy. I am not able to add you as I am not the admin for this mini group. However, if you have any questions, you could send me a message anytime and if I have the answer, I would be willing to share with you. Cheers! ✌️

Posted by mf > 3 days ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

40,652.89

-545.19

1.32%

Nasdaq

NASDAQ Composite

17,817.01

-179.90

0.99%

Posted by speakup > 3 days ago | Report Abuse

sour grapes 🍇 u want it drop to buy cheap right

Posted by ShTan1 > 3 days ago | Report Abuse

Market is big, I dont mind miss the train just dont like become bilis

Posted by StingRay > 3 days ago | Report Abuse

Truly glad if you have that thought. There are many other counters that are laggard and with potential. All the best to you. Cheers!✌️

Posted by LalisaFang > 3 days ago | Report Abuse

Sour grapes missed to buy it when it was below RM1

Posted by DouglasLiu > 2 days ago | Report Abuse

Buying opportunities are indeed emerging

https://klse.i3investor.com/web/blog/detail/faizaleyes/2024-07-20-story-h-156159331-Finally_A_Buying_Opportunity_Emerged_for_Synergy_House

Posted by KaiserKazer > 10 hours ago | Report Abuse

Buy buy buy, far from RHB 1.61 TP

Posted by VeeCJay > 8 hours ago | Report Abuse

Synergy stays on track despite Hillsdale issue

https://www.thestar.com.my/business/business-news/2024/07/22/synergy-stays-on-track-despite-hillsdale-issue

Posted by VeeCJay > 8 hours ago | Report Abuse

No problem for Synergy, already bounce back to 1.30

Posted by TradeHarbor > 6 hours ago | Report Abuse

After a sharp drop of RM1.07, Synergy rebounded strongly ! Seems like many investors saw value in the company

Posted by Luisa7 > 6 hours ago | Report Abuse

The share price fell to RM1.07 due to the acquisition of the company's client Hillsdale Furniture, which resulted in the following amount of approximately US$2.9 million or RM13.52 million not being paid to Synergy ..