Today closing 0.605 . Is a good sign for uptrend ........ the two major shareholders , SEGI (9792) Dato Seri Clement & Ng Ah Chai ( Chairman ) to replan new stock warrant as a Bonus issue to reward the Investors . For the Development scheme returning it to profit for the properties investment .
Furniture makers such as Poh Huat Resources Holdings Bhd, Heveaboard Berhad and Homeritz Corp Bhd have been in the news lately, as the economic recovery in the West, along with favourable currency exchange rates, have boosted earnings for many of these companies.
Meanwhile, Ng and the persons acting in concert collectively hold 81.4 million SYF shares, representing 29.52% of the company. After acquiring the block of shares from Hii, Ng’s holdings increased to 136.95 million shares, or 50.27%, thereby triggering the MGO.
SYF Resources may climb after printing a 52-week high. Traders may buy if it stays above MYR0.735 today, with a close below MYR0.70 as a stop-loss. The price target is MYR0.85 if the MYR0.80 resistance is broken. However, note that the stock could trend lower if it fails to stay above MYR0.735, while support is seen at MYR0.68. RHB RESEARCH
SYF Resources (SYF MK) Technical BUY with +13.4% potential return Last price : RM0.820 Target Price : RM0.885, RM0.930 Support : RM0.780 Stop-loss: RM0.775 BUY with a target price of RM0.930 with stop loss placed below RM0.775. SYF’s share price has continued to climb along the steeper trendline in the last 4 weeks. Following a failure to breach the recent high of RM0.820, SYF has retraced to the immediate support of RM0.780 before making a second attempt yesterday. A genuine breakout on the back of a higher trading volume of 0.92m shares (vs 10-day average of 0.65m) recorded yesterday should in our view confirm the creation of a new upleg. An uptick in RSI suggests improving momentum which should push the share price higher in the near term. We peg our mediumterm target at the 1.61x Fibonacci extension level of RM0.930.
7082 SYF SYF RESOURCES BHD Quarterly rpt on consolidated results for the financial period ended 30/4/2014 Quarter: 3rd Quarter Financial Year End: 31/07/2014 Report Status: Unaudited Submitted By:
Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/04/2014 30/04/2013 30/04/2014 30/04/2013 RM '000 RM '000 RM '000 RM '000 1 Revenue 74,781 49,944 213,267 161,922 2 Profit/Loss Before Tax 8,978 2,315 19,261 11,264 3 Profit/Loss After Tax and Minority Interest 7,386 2,272 16,426 11,213 4 Net Profit/Loss For The Period 7,386 2,272 16,426 11,213 5 Basic Earnings/Loss Per Shares (sen) 2.70 0.83 6.01 4.12 6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 0.6600 0.6000
Notice of Interest Sub. S-hldr (29A)
Particulars of Shareholder 38
Name : Insas Plaza Sdn Bhd NRIC/Passport No./Company No. : 150118-V Nationality/Country of Incorporation : Malaysia
Notice of Interest Sub. S-hldr (29A)
Particulars of Shareholder 38
Name : Dato' Thong Kok Khee NRIC/Passport No./Company No. : 541211-08-5713 Nationality/Country of Incorporation : Malaysian
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
williamtan9108
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Posted by williamtan9108 > 2013-08-01 12:46 | Report Abuse
still can buy? its warrant?