Posted by Rogue1 > 2024-05-28 21:29 | Report Abuse

Which analysts are you talking about, Chloe Tai? Do share. And what is your basis for only looking at QoQ? Synergy actually posted a strong set of 1Q results!

https://www.nst.com.my/business/corporate/2024/05/1056514/pre-tax-profit-synergy-house-24525-pct-rm123mil-q1

Posted by Schwoosh > 2024-05-30 15:48 | Report Abuse

Good quarter!

Posted by goldmanbull > 2024-06-03 11:18 | Report Abuse

steady

Posted by troy88 > 2024-06-11 17:37 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/06/11/synergy-house-partners-one-of-the-worlds-largest-home-retailers

Posted by LOOK009 > 2024-06-12 09:23 | Report Abuse

Synergy House appointed Malaysian service partner by one of world's largest home retailers
NST Tue, Jun 11, 2024 09:38pm - 11 hours


KUALA LUMPUR: Synergy House Bhd's wholly-owned subsidiary Synergy House Global Sdn Bhd (SHG) has been appointed as the authorised service partner in Malaysia by one of the world's largest home retailers.

SHG will be responsible mainly for supporting the Malaysian local manufacturers and vendors by facilitating a seamless integration into the retailer's global e-commerce platform.

SHG will also collaborate with the retailer to co-organise online and offline events with an aim to onboard new vendors and create awareness about operating in the retailer's e-commerce ecosystem.

Upon successful onboarding into the retailer's platform for the vendors, SHG is also expected to collaborate directly with the vendors on selected support services in terms of operating in the platform such as advisory roles.

This includes strategic advice on product selections, linkage to other service providers, advertisements and promotions and issues troubleshooting.

"We are immensely excited for this new opportunity where SHG will play an important role in creating awareness operating as a cross-border ecommerce player.

"SHG will also be able to connect the vendors with relevant service providers to ensure support for the vendors to operate in the retailer's platform as they tap into its vast network," said Synergy House executive director Tan Eu Tah.

Posted by ripcudin78 > 2024-06-12 15:52 | Report Abuse

very good news... can topup a bit

Posted by troy88 > 2024-06-12 17:03 | Report Abuse

Yes, very promising news and new RHB TP 2.01 will drive this gem up to greater heights..

Posted by dxbman > 2024-06-12 18:21 | Report Abuse

TMRW >RM2.00

Posted by troy88 > 2024-06-13 09:28 | Report Abuse

Many ignored this overlooked gem. One of the stars of 2024

Posted by LoverBass > 2024-06-13 16:35 | Report Abuse

up abit day by day, 2.00 by this month

Posted by ripcudin78 > 2024-06-19 17:09 | Report Abuse

slow down & let me catch up a bit

Posted by Dylan Jovari > 2024-06-24 16:34 | Report Abuse

Where’s everyone so quiet 🫣

Posted by Welsonnotwell > 2024-06-26 16:06 | Report Abuse

when bounce back ??

Posted by minizzizin > 2024-07-01 14:38 | Report Abuse

Once rally again then busy here lor

Posted by goldmanbull > 2024-07-02 14:14 | Report Abuse

@Welsonnotwell, it will bounce back when you sell hehehhee

Posted by nasgee > 2024-07-02 15:19 | Report Abuse

kominggggg fasterr..

Posted by nasgee > 2024-07-02 15:22 | Report Abuse

rm2...LU...vroom...tk yr ticket

Posted by LalisaFang > 2024-07-03 17:41 | Report Abuse

Rally continues. One of the strong furniture counters

Posted by JT1601 > 2024-07-06 19:42 | Report Abuse

What happen? Suddenly drop so much

Posted by FintechHarmony > 2024-07-09 18:39 | Report Abuse

1.30 coming?

Posted by JT1601 > 2024-07-09 19:01 | Report Abuse

Chance to top up

Posted by astor1es > 2024-07-16 15:09 | Report Abuse

Hard to see 1.30

Posted by JT1601 > 2024-07-17 15:49 | Report Abuse

Now 1.30...

Posted by ripcudin78 > 2024-07-17 16:51 | Report Abuse

wah buy on weakness!

Posted by loonisback > 2024-07-17 16:53 | Report Abuse

don't catch the falling knife

Posted by faridfet > 2024-07-17 17:04 | Report Abuse

you all semua sudah kena, K.O

Posted by SALAM > 2024-07-17 17:10 | Report Abuse

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

Posted by JT1601 > 2024-07-17 17:11 | Report Abuse

Kena no profit much only.

Posted by StingRay > 2024-07-17 17:13 | 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 > 2024-07-17 17:16 | Report Abuse

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

Posted by FintechHarmony > 2024-07-17 17:48 | Report Abuse

awful day for syngery

Posted by Lee Ying Yee > 2024-07-17 19:11 | Report Abuse

high PE ?? low NTA ???

Posted by MD8888 > 2024-07-17 20:45 | Report Abuse

https://theedgemalaysia.com/node/719382

Posted by Coralmoon > 2024-07-17 21:08 | Report Abuse

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

Posted by speakup > 2024-07-17 21:37 | Report Abuse

sell so that others got chance buy cheap

Posted by StingRay > 2024-07-17 23:05 | 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 > 2024-07-18 09:42 | 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 > 2024-07-18 10:14 | 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 > 2024-07-18 14:02 | 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 > 2024-07-18 14:09 | Report Abuse

mf buy or sell?

or none of the above.

Posted by goldmanbull > 2024-07-18 14:41 | Report Abuse

Stingray, you know someone inside?

Posted by emptech > 2024-07-18 15:40 | Report Abuse

Kena uma lol, good signal to get in

Posted by StingRay > 2024-07-18 15:49 | 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 > 2024-07-18 15:52 | 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 > 2024-07-18 16:04 | Report Abuse

BUY/COLLECT

Posted by Kkristal > 2024-07-18 16:21 | Report Abuse

Back above 1.50 in no time

Posted by goldmanbull > 2024-07-18 18:05 | 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 > 2024-07-18 18:06 | 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 > 2024-07-18 18:08 | 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 > 2024-07-18 18:10 | Report Abuse

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