SYCAL VENTURES BHD

KLSE (MYR): SYCAL (9717)

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Last Price

0.20

Today's Change

-0.005 (2.44%)

Day's Change

0.195 - 0.20

Trading Volume

1,019,400


2 people like this.

1,270 comment(s). Last comment by Superb99 2024-07-30 23:52

Posted by winson_ming > 2015-02-09 15:09 | Report Abuse

HAHA.....

Posted by Jolin Lai Chi Pet > 2015-02-09 17:51 | Report Abuse

ha....ha...ha.... all kena trap today!

Posted by winson_ming > 2015-02-10 07:36 | Report Abuse

Welcome in

bing

3,794 posts

Posted by bing > 2015-02-10 15:29 | Report Abuse

Chi Pet, if she break 40cents, what would you say?

Posted by Jolin Lai Chi Pet > 2015-02-10 17:17 | Report Abuse

if break 40cts, then good loh!!!! what do u want from me?

bing

3,794 posts

Posted by bing > 2015-02-10 18:18 | Report Abuse

no lah! i just wonder you will say trap if that she break 40cents & drop back to 39cents. Happy lah just chatting chatting.

Posted by winson_ming > 2015-02-11 09:20 | Report Abuse

41SEN

driller

40 posts

Posted by driller > 2015-02-11 10:58 | Report Abuse

Lets fly bross

Posted by Jolin Lai Chi Pet > 2015-02-11 12:15 | Report Abuse

good move!!!!!!!!!!!!! go!!!!!!!!!!!!

fayeTan

374 posts

Posted by fayeTan > 2015-02-11 14:19 | Report Abuse

good that bonescythe finally notice this stock.. 50 sen by end March... haha

shjane

85 posts

Posted by shjane > 2015-02-11 16:18 | Report Abuse

still can buy some for this price?

bing

3,794 posts

Posted by bing > 2015-02-12 10:00 | Report Abuse

bonescythe, i believe you! this are a good company!

Posted by Jolin Lai Chi Pet > 2015-02-12 12:15 | Report Abuse

no dividend, also good? ha....ha....ha....

bing

3,794 posts

Posted by bing > 2015-02-12 12:44 | Report Abuse

hopefully got dividend in time!

god2077

136 posts

Posted by god2077 > 2015-02-12 13:16 | Report Abuse

Yay

Best 168

671 posts

Posted by Best 168 > 2015-02-12 13:31 | Report Abuse

Sycal 透过其附属公司,从事建筑施工与土建工程承包在马来西亚和香港。它的活动还包括生产、 贸易的拌混凝土 ;买卖建筑材料 ;产业,和租赁飞机零部件和设备。
此外,该公司经营作为钻孔打桩工程承建商。它原名 Cygal berhad 并更名为 Sycal Ventures Berhad.
看看它的基本面:
本益比:6.88
Roe: 9.83
Nta: 0.62
Eps: 0.061
流动资产:
短期银行存款:Rm5,643,000
定期存款:. RM761,000
短期银行贷款: Rm1,198,000
长期银行贷款: RM5,802,000
从它财务状况来看,只要未来一年里,它就会成为净现金公司。
如果它能够保持近期的表现话,一年税后盈利应该最少有15m+ 17m之间。
在看看它幕后后台是谁?是政府旗下机构之一的Pengurusan Danaharta Nasional Berhad。

persie

1,412 posts

Posted by persie > 2015-02-13 07:49 | Report Abuse

Translate please. I dont understan chinese.

Posted by Jolin Lai Chi Pet > 2015-02-13 08:16 | Report Abuse

that means everything is good for sycal lor......................

bing

3,794 posts

Posted by bing > 2015-02-13 10:57 | Report Abuse

Best 168 Sycal through its subsidiaries, engaged in construction and civil engineering contractors in Malaysia and Hong Kong. Its activities include production, trade in fresh concrete; the sale of building materials; industry, and leasing of aircraft parts and equipment. In addition, the company operates as a drilling piling contractor. It was originally called Cygal berhad and renamed Sycal Ventures Berhad look at its fundamentals: earnings ratio: 6.88 Roe: 9.83 Nta: 0.62 Eps: 0.061 Current assets: Short-term bank deposits: Rm5,643,000 deposits:. RM761,000 short term Bank loans: Rm1,198,000 long-term bank loans: RM5,802,000 from its financial situation, as long as the next year, it will become a net cash company. If it is able to maintain recent performance, it should be at least a year after-tax profit between 15m + 17m. In the background behind the scenes to see who it is? Pengurusan Danaharta Nasional Berhad is one of the government's institutions. 12/02/2015 13:31 (Google translate)

bing

3,794 posts

Posted by bing > 2015-02-13 15:16 | Report Abuse

next week are CNY week。。。please stay at above 40cents。

albukhary

3,043 posts

Posted by albukhary > 2015-02-13 19:55 | Report Abuse

next week will hit RM0.45.

Posted by Jolin Lai Chi Pet > 2015-02-13 21:11 | Report Abuse

don't lie lah, any facts?

albukhary

3,043 posts

Posted by albukhary > 2015-02-15 00:47 | Report Abuse

No facts... just speculate.. If got facts, I wont share it out here la... i sell my house and all in la...

Best 168

671 posts

Posted by Best 168 > 2015-02-16 08:47 | Report Abuse

Sycal Ventures Berhad (9717), previously known as Cygal Berhad, is a low profile construction based company. While the company had it's property arm, most of the revenue and income is derived from the construction arm of the group.

Sycal Ventures Berhad had recently caught attention of some investor after putting up a several consistent quarterly performance that had been growing. For the past 4 quarter, the quarterly result had been better in terms of higher revenue and EPS than their previous corresponding quarterly result.

Where could Sycal be heading in the coming days, especially when the coming final quarter for FYE 2014 that will be going to announce soon around the corner. Let's have a quick look at the price movement of Sycal.

Based on the price chart, Sycal had been trying to pitch forward during the middle of September as a convincing strong volume is head for a test at RM 0.50. However, the attempt had fall short after the global equity market had weakened. Sycal had spent most of it's time consolidating at RM 0.40.

Should Sycal be able to break above RM 0.40 in a convincing manner in the coming days, Sycal will form a new trading range between RM 0.40 and RM 0.48.

Sycal - Cashing in

Sycal's focus had always been in the construction sector. While Sycal local construction base might be at Perak, it's services might not fall short in Kuala Lumpur as well. Sycal had been getting construction works from Cygal Development Sdn Bhd, which is one of the core client that had common owner. The most recent project is being the Pullman Hotel in Bangsar that was being contracted to Cygal Development Sdn Bhd and constructed by Sycal's construction arm.

To date, Cygal Development Sdn Bhd had owned approx RM 69 million, which will see periodic repayment starting from year 2014 to 2016, averaging RM 23 million a year into the cash flow of Sycal Venture Berhad. The huge cash coming in might rings an opportunity for Sycal to finally reward the patient shareholder with a possible dividend.

Cygal Development Sdn Bhd had a 12 year contract with Pullman Hotel until 2022, which puts up opportunity for Sycal for more jobs in the coming days when Pullman Hotel starts to expand for their next spot. Currently, there are 3 Pullman Hotel in Kuching, Bangsar KL and Putrajaya. There are possible outlook for Pullman to expand to Johor and Penang in the coming days.



Based on FYE 2013 result, Sycal had managed to put up 5.37 cents in EPS with a NTA at 0.59. For the year 2014, the cumulative 3 quarters EPS is standing at 4.56 cents, with huge growing revenue and net profit. NTA inched up higher towards RM 0.64 per share.

Sycal performance had been very consistent since 2013. Should Sycal start to give out dividend, it will definitely attract more investor towards this company in the coming days.

According to sources familiar with the company, Sycal's book order is currently sitting on more than RM 600m of jobs, a work good enough to keep the company busy for the next 2 years.

With the growing trend in Sycal, the projected EPS for FYE 2014 will be looking at a possible 6 cents, trading at a conservative PER x8 will value the company at RM 0.48.


Sycal will be an interesting stock in the coming days based on :
- Anticipated better result in FYE 2014, with EPS projection at 6 cents, valuing the shares at RM 0.48 based on PER x8
- Indirect business opportunity with Pullman Hotel through Cygal Development Sdn Bhd
- Cygal Development Sdn Bhd repayment of RM 69m from 2014 to 2016, averaging RM 23million a year, boosting company cash position, and also putting up chances for a dividend for shareholder
- Huge order book amounting more than RM 600m in hand.

Posted by Jolin Lai Chi Pet > 2015-02-16 12:17 | Report Abuse

this already old story loh.................. everybody know it, go get something new lah!

sephiroth

14,145 posts

Posted by sephiroth > 2015-02-16 15:18 | Report Abuse

wahhh bone makan kaw kaw from sycal & awc(1 day show), congrats to bone n all the 'winner'

bing

3,794 posts

Posted by bing > 2015-02-17 13:57 | Report Abuse

tomorrow may close at 40cents。。。

Posted by Jolin Lai Chi Pet > 2015-02-17 14:45 | Report Abuse

same words again..................

makubex718

161 posts

Posted by makubex718 > 2015-02-24 16:21 | Report Abuse

Sycal good uptrend come

quahsb

591 posts

Posted by quahsb > 2015-02-24 17:43 | Report Abuse

strong uptrend,...just a matter of time to climb higher

Posted by Jolin Lai Chi Pet > 2015-02-27 21:24 | Report Abuse

monday, will start the jet engine...................vroom!!!!!!!!!!!!!!!!!!!!!!!!

Posted by Jolin Lai Chi Pet > 2015-02-27 21:39 | Report Abuse

sorry lah, my prediction was wrong. do u accept my apologize?

sharonsee

244 posts

Posted by sharonsee > 2015-02-28 22:37 | Report Abuse

Wow sycal profit increase 27.3% y-o-y and 52.6% q-o-q! Monday will gap up!

quahsb

591 posts

Posted by quahsb > 2015-03-02 11:44 | Report Abuse

lets aim for 0.45-0.48

Posted by Jolin Lai Chi Pet > 2015-03-02 12:31 | Report Abuse

TP is Rm1........................at least!

tkp1

1,313 posts

Posted by tkp1 > 2015-03-02 23:02 | Report Abuse

Mitra in making, possible 0.6 - 0.7 short term.

Posted by Jolin Lai Chi Pet > 2015-03-05 13:04 | Report Abuse

I sell all already............... useless stock !!!!!!!!!

calvintaneng

56,618 posts

Posted by calvintaneng > 2015-03-05 13:17 | Report Abuse

haha jolin is quite comical
sell off sycal already?
time to load up on
bj corp
opcom

watch these 2 potential stocks about to fly soon

d7zul

39 posts

Posted by d7zul > 2015-03-06 20:05 |

Post removed.Why?

lloydlim

3,971 posts

Posted by lloydlim > 2015-03-11 12:36 | Report Abuse

Time to let go!

Posted by Jolin Lai Chi Pet > 2015-03-11 17:54 | Report Abuse

run for your life!!!!!!!!!!!!!!!!! will drop back to 35cents.............................

kwongliang

549 posts

Posted by kwongliang > 2015-03-13 17:11 | Report Abuse

up 2 cents. One day show only or something is brewing???

albukhary

3,043 posts

Posted by albukhary > 2015-03-14 14:27 | Report Abuse

Copy from Fayetan

Sycal Ventures Berhad (SYCAL)

FY14 EPS jumped 37% to 7.45 sen as net profit increased 40% YoY to RM23.8m. If we look at 4Q14 alone, EPS also increased 21% to 2.89 sen. Key driver behind the good earnings growth for both FY14 and 4Q14 is the Property division which saw its PBT +114% YoY to RM12.2m. Property division is likely to have benefited from better property prices in Kuala Lumpur and Perak. Construction division PBT also jumped 24% to RM13.2m due to increased billing of contracts at Taiping and Ipoh and increased revenue from the ready-mix concrete operation.


Net debt position of 0.21x. As of 4nd FY14, SYCAL net cash is RM4.6m. This is based on its total cash of RM8.75m, short term loan RM4.3m, long term debt RM48.0m and equity of RM211.5m. Comparitively, many other construction company has high net gearing exceeding 50%.
Trading at only 40.0 sen or 40% below Book Value of 67.0 sen. This could mean the stock is extremely undervalued as its earnings visibility is good at 3 years, relatively healthy balance sheet and high earnings growth in FY14 at 37% YoY.


Theoretical Target Price of 68.5 sen based on 9x FY15 Fwd. PE. The 9x PE is in line with mid cap construction valuation. FY15E EPS should reach 7.61 sen assuming 5% earnings growth to FY14E EPS of 7.45 sen.


Currently valued at only 5.4x PE and this is a significant mismatch between fundamental and its share price. Note that SYCAL still has outstanding order book of RM520m providing 1.3 years visibility. The Company also intends to launch property development projects in Taiping, Segari and Ipoh. With all these in, the market has significantly undervalued this HIDDEN GEM!

god2077

136 posts

Posted by god2077 > 2015-04-03 10:40 | Report Abuse

wow

runnerman

678 posts

Posted by runnerman > 2015-04-03 11:18 | Report Abuse

The show just begin

fayeTan

374 posts

Posted by fayeTan > 2015-04-03 14:55 | Report Abuse

wow.. what happened to this counter today? anyway.. this means more people noticed SYCAL now.. great ! See my previous writing at http://klse.i3investor.com/blogs/genzinvestor/71782.jsp

kwongliang

549 posts

Posted by kwongliang > 2015-04-03 15:23 | Report Abuse

goreng counter or something is happening?

ImCK

3,264 posts

Posted by ImCK > 2015-04-03 16:58 | Report Abuse

Hidden Gem now starting explode liao

jace888

1 posts

Posted by jace888 > 2015-04-03 17:46 | Report Abuse

can consider to go in (FIFO). 0.44 resistance line tested and broken a bit, if more upside, can go to 0.48. Trade at your own risk yea......

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