Bonus issue then huat

historical high...

EPS 12.47 sen

Undervalue stock

Grandpine sifu also advise hati hati wb

Today Grandpine sifu also advise hati hati

Hati hati

Target price 3.40 by maybank

No easy money

Becareful this counter, big shark waiting u

0.46 down to 0.23. next 0.135

Big shark laughing

True

Go luck

1.39

Start moving...

They clear T3 player

Big shark behind

Limit up wah

trap

0.43

0.125

kiamat liao

how you know?

Strong take-up for SYF’s projects in Sungai Long and Semenyih
Shawn Ng
/
TheEdgeProperty.com

July 11, 2017 14:19 pm MYT

PETALING JAYA (July 11): Furniture manufacturer and property developer SYF Resources Bhd has seen take-up rates of at least 80% for its projects south of Kuala Lumpur in Bandar Sungai Long and Semenyih, Selangor.

“The overall property market in the country is in a period of ‘digestion’ but the Sungai Long and Semenyih areas do not seem to be affected, thanks to the MRT Sungai Buloh-Kajang Line, the universities and the new EKVE (East Klang Valley Expressway),” SYF Resources executive director Datuk Sri Chee Hong Leong told TheEdgeProperty.com.

Universiti Tunku Abdul Rahman (UTAR) in Bandar Sungai Long and the University of Nottingham in Semenyih have been keeping the demand for properties robust in these two areas while the upcoming EKVE and the MRT Sungai Buloh-Kajang Line are poised to improve connectivity and accessibility, he added.

He expects the two places to boom in the next three to five years, with property prices in Bandar Sungai Long growing by 10% to 15% in the next one to two years mainly due to the completion of the MRT line. The closest MRT station to Bandar Sungai Long is the Batu Sebelas Cheras station, which is about a 3.5km drive from the UTAR campus.

Through its property arm SYF Development Sdn Bhd, SYF Resources has launched several projects in Bandar Sungai Long and Semenyih since 2012, namely Semenyih Hi Tech 5, Semenyih Hi Tech 6, Wira Heights 3, Kiara Plaza, Lavender Residence and Iris Residence.

With a gross development value (GDV) of RM113 million, the recently launched Iris Residence condominium in Sungai Long saw 80% take-up for the 176 units launched. The project is expected to be completed by the third quarter of 2020 (3Q2020). Units have built-ups of 1,058 sq ft and 1,209 sq ft with prices from RM541,800 to RM630,800.

Modern facilities will be provided to the residents of Iris Residence, which include a pavilion, swimming pool and gymnasium. (Image by SYF Resources)

SYF Resources’ earlier projects have done well. Both Semenyih Hi Tech 5 and 6 have been fully sold and completed in 2015. Semenyih Hi Tech 5 has a GDV of RM100 million and consists of 48 semi-dee factories with built-ups from 4,975 sq ft to 9,300 sq ft. They were sold between RM1.7 million and RM2.99 million.

Semenyih Hi Tech 6, which has a GDV of RM147 million, offered 68 semi-dee factories ranging from 5,476 sq ft to 7,200 sq ft and priced from RM1.9 million to RM2.7 million.

In 2Q2016, the developer completed Wira Heights 3 in Bandar Sungai Long, comprising 42 semi-dee and bungalow homes with a GDV of RM76 million. It recorded close to 100% of sales for the units with built-ups from 3,770 sq ft to 5,070 sq ft and tagged at RM1.9 million to RM2.8 million.

Currently being constructed with completion by the end of this year is the RM350 million GDV Kiara Plaza mixed development in Semenyih. Its 12 three-storey shopoffices were fully taken up while the 56 single-storey shopoffices and 763 serviced apartment and Small-office Home-office (SoHo) units have been 80% and 95% sold respectively as at end-May this year.

The shopoffices have built-ups from 1,292 sq ft to 8,767 sq ft with prices from RM818,000 to RM4.3 million, while the serviced apartments and SoHos are between 477 sq ft and 1,097 sq ft with prices from RM278,000 to RM523,000.

Also to be completed by year end is Lavender Residence, which comprises two blocks of 276 apartment units. Located in Bandar Sungai Long, all units in the development with a GDV of RM135 million have been sold. Unit built-ups are from 1,080 sq ft with prices from RM526,000 to RM708,800.

Looking ahead, the group is seeking to acquire more land or establish joint-venture projects in Bandar Sungai Long and Semenyih. SYF Resources’ property development business contributed 50% to its overall revenue in its financial year ended July 31, 2016, said Chee.

“However, we are not in a rush to buy land as the goal is to identify sites that we can offer products that can sell,” he said.

usd still strong, furniture still good

50,400,000 thong share on hand

so he ask to sell,,,we buy,,,,

http://klse.i3investor.com/blogs/glorystocks/120978.jsp

Today syfw down to 0.17, i think director sell a lot..

If 2 boss start selling, price still can maintance...good la, somebody collect

wait for MDF line fully production...Turnover will up, profit up...share price sure fly

if dato stop selling, time to move forward...

Dato Thong stop selling? why

Dato seri Thong, pls sell ur share today, a lot of buyer want to buy syf w

SYF Resources' 2Q net profit grows marginally, revenue up 17.2%
By Neily Syafiqah Eusoff / theedgemarkets.com | March 16, 2017 : 7:45 PM MYT
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KUALA LUMPUR (March 16): SYF Resources Bhd saw its net profit for the second quarter ended Jan 31, 2017 (2QFY17) rise 0.38% to RM10.47 million, from RM10.43 million a year earlier.

The group said the rise was marginal due to additional developments costs incurred for on-going projects, namely Kiara Plaza and Lavender Residence.

Revenue rose 17.21% to RM125.87 million, from RM107.39 million for 2QFY16, on increased contribution from the property development segment and sales of boards.

“The revenue from the property development increased by RM15.8 million from on-going projects, as a result of consistent construction progress and improved sales, especially from the residential project, Lavender Residence Block B.

“Sales of boards increased by RM5.9 million, due to higher output from medium-density fibreboard plant,” said SYF in a bourse filing.

For the first six months of FY17 (1HFY17), SYF posted a net profit of RM22.17 million, an increase of 4.29% from RM21.26 million in 1HFY16. Revenue climbed 35.72% to RM274.58 million, from RM202.32 million in 1HFY16.

SYF said moving forward, operating conditions are expected to remain challenging for FY17.

“Despite the market conditions, the group expects the results to remain satisfactory,” it said.

SYF’s share price closed up one sen or 1.71% to 59.5 sen today, for a market capitalisation of RM365.29 million.

long term still good, now just waiting for MDF line fully production.

Profit 10m..

yes

today i think he sold a lot...
0.605 and 0.19 w

7082 (SYF °)
Changes in Director's Interest (S135) - DATO' SRI THONG KOK KHEE
06-03-2017 07:00:46

Name: THONG KOK KHEE
NRIC/Passport No./Company No.: -
Nationality/Country of Incorporation: Malaysia

Address:
-

Descriptions(Class and Nominal Value):
Ordinary Shares

Name and Address of Registered Holder:
-

Date of Notice: 03-03-2017

Transactions:
No Date Transaction Type No of Shares Price(RM)
1 02-03-2017 Disposed 300,000 0.605

Circumstances by reason of which change has occurred:
Disposal of shares by Insas Credit & Leasing Sdn Bhd via open market transaction.

Nature of Interest:
-

No of Shares Held After Changes:
shares (0.0000%)
Indirect: 53,000,000 shares (8.6400%)

start move.but this guy keep selling...haiz....

Insas still keep on selling..this share no hope...

Boss insas need clear his share 8%,u wait 0.50..not hurry..

today very active..soon 2.20

This guy start selling again.. drop to 0.59..

Dato’ Sri Thong Kok Khee, aged 62, was appointed to the Board on 26 June 2014 as a Non-Independent Non-Executive Director of the Company.
A graduate from the London School of Economics, UK, Dato’ Sri Thong had worked in the nancial services industry from 1979 to 1988. He worked for Standard Chartered Merchant Bank Asia Limited in Singapore from October 1982 to June 1988 and his last held position was the Director of its Corporate Finance Division.
Currently, Dato’ Sri Thong is the Executive Deputy Chairman cum Chief Executive Of cer of Insas Berhad, and a Non-Independent Non-Executive Director of Inari Amertron Berhad, Omesti Berhad and Ho Hup Construction Company Berhad.
He is a substantial shareholder of the Company with an indirect shareholding of 55,000,000 ordinary shares of RM0.25 each together with 20,929,000 warrants.
He has no family relationship with any other director and/or major shareholder of the Company, neither has he entered into any transaction which has a con ict of interest with the Company nor any convictions for any offences within the past ve (5) years.

He got 8.98%, 550,000,000 share

Mainly diposed by
INSAS CREDIT & LEASING SDN BHD
DATO' SRI THONG KOK KHEE
Price drop

oil palm price going down..