Posted by LalisaFang > 1 month ago | Report Abuse

Q4 results are out ... Got provision for doubtful debts due to the Hillsdale incident amounted to RM13.4 million

Posted by Luisa7 > 1 month ago | Report Abuse

If this one-time bad debt is excluded, it will not be a loss but a profit

Posted by ChloeTai > 1 month ago | Report Abuse

Initially, Synergy looks great. But today's (14.8.24) loss making quarter results will make it down the hill.

Posted by DouglasLiu > 1 month ago | Report Abuse

It makes a strong rebound after ikan bilis sell 😆 Thanks for selling at RM1.03 to me by the way

Posted by duriand24 > 1 month ago | Report Abuse

Result out now, anyone selling so I can pick up lower?

Posted by mf > 1 month ago | Report Abuse

sell

Posted by wiminvestor > 1 month ago | Report Abuse

see how can go how low first.... so far so good...

Posted by TradeHarbor > 1 month ago | Report Abuse

Although global economic challenges continue, SYNERGY's business is expected to be less affected given the affordable nature of its furniture products. In addition, the company is well positioned in the B2C sales sector and has established a strong presence on third-party e-commerce platforms in the United States, the United Kingdom, Canada and Germany. Furthermore, during the current financial quarter, the company will further expand its presence in a new market, namely France

Posted by LalisaFang > 1 month ago | Report Abuse

According to Allied Market Research, furniture market will reach $840.5 billion globally, by 2034 at 4% CAGR. This is driven by increased demand for residential and commercial furniture as populations migrate to cities

Posted by LalisaFang > 1 month ago | Report Abuse

accumulate it before it go up to RM1.50 and above 😉

Posted by Coralmoon > 1 month ago | Report Abuse

Gogogo, Synergy! ✌

Posted by VeeCJay > 1 month ago | Report Abuse

Strong return today, monday can continue the momentum

Posted by KaiserKazer > 1 month ago | Report Abuse

if close above 1.15 then very huat lor, mb next week got chance

Posted by kahfui1221 > 1 month ago | Report Abuse

Breaking EMA 10 now. Next will be EMA 30 🔥

Posted by w0nderfultime > 1 month ago | Report Abuse

The B2C segment continues to show strong growth, now accounting for 54% of total revenue, up from 52.2% in 1Q24. The summer season in the US began late in 2Q, leading to increased consumer spending on outdoor furniture and other necessities rather than Synergy’s indoor furniture.

Posted by w0nderfultime > 1 month ago | Report Abuse

Buy synergy for long term growth, 2H of 2024 will be stronger!

Posted by YieldSeeker > 1 month ago | Report Abuse

Director shows confidence by buying back shares. What are you waiting for 😁

https://klse.i3investor.com/web/insider/detail/D_180593_3331877763

Posted by fl1zz0 > 1 month ago | Report Abuse

Follow director buy lor, 1.20 next stop

Posted by duriand24 > 1 month ago | Report Abuse

buy more SYNERGY !! B2C segment showing strong growth, making up of 54% of total revenue, up from 52.2% in 1Q24.

Posted by mf > 1 month ago | Report Abuse

sell

Posted by Luisa7 > 1 month ago | Report Abuse

Buy and wait for it to hit RHB's TP 😉

Posted by wiminvestor > 1 month ago | Report Abuse

why sell, recently stable down alrdy... support is strong here

Posted by KaiserKazer > 1 month ago | Report Abuse

Synergy are very possible to breakout soon, Rhb tp are achievable in 2-3 month

Posted by DouglasLiu > 1 month ago | Report Abuse

The management is optimistic about global e-commerce growth. Next QR will be outstanding

Posted by TradeHarbor > 1 month ago | Report Abuse

The U.S. bedroom furniture market size is expected to reach $72.48 billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030 🔥

https://www.woodworkingnetwork.com/furniture/bedroom-furniture-market-reach-7248-billion-2030

Posted by w0nderfultime > 1 month ago | Report Abuse

Synergy alrdy deliver result from 2022 -2023 and will continue in 2024, keep buying below 1.10

Posted by fl1zz0 > 1 month ago | Report Abuse

Synergy interview with BFM 財今

https://www.youtube.com/watch?v=F6aQTsE9nEQ

Posted by YieldSeeker > 1 month ago | Report Abuse

Great interview. Have high hope that the company will turn green in the next quarter

Posted by duriand24 > 1 month ago | Report Abuse

ez for synergy lah, recent issue are just short term better aim for long term growth

Posted by wiminvestor > 1 month ago | Report Abuse

Synergy will become a big winner in 2024, mark my words

Posted by LalisaFang > 1 month ago | Report Abuse

Actually Synergy was making profits one if deducted the provision of bad debts

Posted by Luisa7 > 1 month ago | Report Abuse

Just a matter of time for this counter to rally again. Mark my words 😉

Posted by kahfui1221 > 1 month ago | Report Abuse

Synergy house will benefit from the Wayfair platform as well as the potential to establish new recurring revenue streams through partnerships with other local furniture manufacturers

Posted by VeeCJay > 1 month ago | Report Abuse

wayfair is a good platform.... see how synergy make a turnaround in 2H 2024

Posted by YieldSeeker > 1 month ago | Report Abuse

Furniture on Wayfair is on sale right now !
https://www.usatoday.com/story/money/reviewed/2024/08/25/wayfair-labor-day-sale/74944127007/

Posted by KaiserKazer > 1 month ago | Report Abuse

Long way for Synergy, below 1.10 is collect region

Posted by w0nderfultime > 1 month ago | Report Abuse

can feel the bull run is here, Synergy last week cheap price

Posted by fl1zz0 > 1 month ago | Report Abuse

B2C segment are having a strong growth, making up of 54% of total revenue, up from 52.2% in 1Q24. 2H sales are very likely to improve again

Posted by TradeHarbor > 1 month ago | Report Abuse

The company has a dominant position in B2C sales and has established a strong presence on third-party e-commerce platforms in the United States, the United Kingdom, Canada, and Germany. Invest it with confidence 👍

Posted by YieldSeeker > 1 month ago | Report Abuse

Affordable furniture is definitely booming overseas

Posted by duriand24 > 1 month ago | Report Abuse

The US Furniture Market Report 2022 stated that the US furniture market is expected to reach a value of US$288.9 billion (RM1.35 trillion) by 2026, with a compound annual growth rate of 4.47% from 2022 to 2026.

Posted by duriand24 > 1 month ago | Report Abuse

Malaysia exported RM13.86 billion of furniture globally in 2022, with the US being its top export destination at RM7.24 billion or 52.2% of the nation’s total furniture exports last year. Malaysia was the US’ sixth largest source of imported furniture in 2022, accounting for 2.78% of its total furniture and bedding import value.

Posted by nrama123 > 1 month ago | Report Abuse

Than why SYNERGY everyday drop?

Posted by LalisaFang > 1 month ago | Report Abuse

Funds are flowing to bank stocks, I think ..

Posted by TradeHarbor > 1 month ago | Report Abuse

Every pullbacks is an opportunity. Don't miss it 😉

Posted by wiminvestor > 1 month ago | Report Abuse

sadly kena push down.... below 1.00 is cheap....

Posted by YieldSeeker > 1 month ago | Report Abuse

People with spare money will shop something today. hehe

Posted by KaiserKazer > 1 month ago | Report Abuse

Synergy manage to close green, queue lower for tmr

Posted by Luisa7 > 1 month ago | Report Abuse

UK eco-friendly furniture market sees significant growth as consumer demand rises, driven by sustainability and environmentally conscious choices. Will Synergy House explore into eco-friendly furniture ? 😀

https://www.einnews.com/pr_news/739003983/surging-demand-for-eco-friendly-furniture-drives-market-growth-in-the-uk

Posted by Callimori > 5 days ago | Report Abuse

Buy synergy