SYGROUP (5173): Financials Summary, Key Results, Growth

@katara sygroup needed to be revaluate base on the purchase price of boulevard jaya motor and future profit generateable from this company

2024-07-12 13:35

@daretocutandchange not sure about the exact accounting but it should be very less relavant, as now those shares will go back to ling family in a trade of incooperating their other business of motor company into sygroup

should be a good thing as this year long buy back obviously attempt to push up the price without intention to collect low. (usually done at closing to push up the tprice).

the buy back may or may not stop right now but the job has been done. now ling family will get those shares, should be time to unleash the company value in market price along with it's new source of diversified additional income.

good thing about this company purchase is that it don't involves any loan or acculmulating of fund through or new share listing. all is done through company own extra idle cash and treasury shares. the new source of income from motor can be assumed as a free bonus

2024-07-12 14:09

only possible negative outcome is that the purchase price is unreasonably high or IF the motor company is actually not a profit making company

2024-07-12 14:12

speakup

Anybody curi ayam today?

2024-07-12 15:28

possible all time high 1.00? wondering Ling family next will buy what

2024-07-12 17:04

@shawn88 good possibility if next QR deliver as expected

2024-07-12 17:23

Shawn88, You can see that they have been injecting a few businesses into SYGroup, and it’s likely that more will be in the pipeline, considering they hold many profitable companies within Shin Yang. This counter move very slow and may switch gear from here on

2024-07-14 21:56

hw0706

the family use the listed company to get cash out

2024-07-15 10:51

win win situation for the family and other shareholders imo, as sygroup acquired more subsidiary companies with cash & treasury shares (without loan / private placement / listing additional shares that will dilute the value of the company)

2024-07-15 11:41

They actually don't need to inject into SYGroup. The break even is 2-3 years with the purchased price and the injection price is relatively cheap. I sold off 40% of my shareholding in this company because afternoon selling is quite fast even with such positive news. I want to buy it back if touch my target price.

2024-07-15 20:20

Continue share buy back .. even now is 0.865

2024-07-17 19:05

newbie9893

heading to 1.00 today

2024-07-19 10:09

Seem like downtrending?

2024-07-24 12:49

Michael Kwok

Sygroup 92 cents
Dip below 90 cents awhile then buy.please take notes if dip below 85 cents as no buy.
29/7/24 12.13am

2024-07-29 00:10

sold a few sygroup to lock profit at 0.950 (10.27am 29 july 2024) still got some sygroup left

2024-07-29 10:29

pzam83

1.0 coming...go go..

2024-07-29 11:21

Abang Mad

Next resistance 1.12

2024-07-29 20:19

back 0.89... finish goreng

2024-07-30 15:49

top up a few SYGROUP at 0.855 (2.55pm, 02 august 2024), bought back those I sold recently at 0.950 (10.27am 29 july 2024)

2024-08-02 14:56

top up a few more SYGROUP at 0.785 (05 august 2024)

2024-08-05 09:42

sold back at 0.835 (05 august 2024, 9.55am), still got my previously existing sygroup left

2024-08-05 09:56

top up a few more SYGROUP again at 0.805 (12.30pm t-price, 05 august 2024)

2024-08-05 14:31

sold a few sygroup to lock profit at 0.870 (07 august 2024, 4.50pm preclose price) still got some sygroup stakes left

2024-08-07 17:28

sold a few SYGROUP at 0.95 to lock profit, still got some left (13 august 2024)

2024-08-13 10:13

will keep remaining until it's QR release, & will top up if price retracts significantly again prior QR release

2024-08-13 12:03

Will it announce a good dividend this quarter? I anticipate continued market attention and healthy dividends going forward, especially after the injection of new businesses.

2024-08-15 11:56

learnbyheart

finally above RM 1

2024-08-19 09:55

while still holding some SYGROUP, although I expected SYGROUP will perform better than harbour within this 3 months QR, I can't believe SYGROUP actually performed so so much better than HARBOUR, way beyond my expectation.

which also means, the underperform HARBOUR is actually a very good bargain now. especially for those who locked a few profit from SYGROUP

2024-08-21 15:06

SYGroup appears to be strategically injecting its profitable businesses into the company. I've heard that they have a diverse portfolio with many profitable ventures. Will the share price continue to rise significantly?

2024-08-23 10:24

The company is expected to announce its quarterly results soon. Should I sell my shares or buy more, given the current market sentiment? September is typically a good month for the stock market.

2024-08-29 10:46

gg qr

2024-09-02 16:55

The expected QR selling should be done by now, and more positive days are ahead. It should be on an uptrend from today onward, as newly acquired businesses will be included in the next quarter’s earnings, along with the dividend declaration.

2024-09-04 09:48

@SCM2023 well said, I didn't expect the strong QR selling because the QR is similar to HARBOUR while HARBOUR also didn't suffer strong selling down. and yes SYGROUP now deverse better valuation than HARBOUR due to injection of new profitable business

2024-09-04 11:54

SincereStock,As I understand from Sarawakians, this company has many profitable subsidiaries. I believe they are planning to inject more businesses into this listed company, as it has transitioned from a shipping-focused entity to a diversified conglomerate. Their businesses include trading, hardware shops, bus transportation, oil palm plantations, catering services, shopping malls, hotels, heavy machinery trading, petrol stations, fuel trading, construction, real estate, chemical plant, plastic factory, hyper market, agriculture and more.

2024-09-04 14:58

@SCM2023 good to know, thanks for sharing info ^_^

2024-09-06 11:35

kl_guy

resistance level 70sen

2024-09-06 11:37

No more above 1.00

2024-09-09 13:20

Abc 123

Steady climbing.. 💪💪

2 months ago

utusminum

The Toyota profit will double up the group earnings

2 months ago

utusminum

Company promise to use own money to share buy back to push the share price until 1.50

2 months ago

Firefighter

utusminum> Company promise to use own money to share buy back to push the share price until 1.50

@utusminum: from where you got that? and when was it stated?

2 months ago

Tomrider

3 sen dividend

1 month ago

Income

Boleh Ker?

1 month ago

zucchetto55

continue to hold till next QR release?

1 month ago

XiaoLa

strong QR coming?

3 weeks ago

https://www.nst.com.my/business/corporate/2024/12/1142080/global-shipping-costs-remain-high-amid-tariff-threats-red-sea

@zucchetto55 yes I am still holding, a few days away from QR release now

3 weeks ago

Firefighter

2 weeks ago