SYNERGY HOUSE BERHAD

KLSE (MYR): SYNERGY (0279)

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Last Price

1.22

Today's Change

0.00 (0.00%)

Day's Change

1.21 - 1.23

Trading Volume

98,500


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595 comment(s). Last comment by Income 1 week ago

Posted by TradeHarbor > 2024-08-15 20:19 | 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

LalisaFang

230 posts

Posted by LalisaFang > 2024-08-16 12:02 | 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

LalisaFang

230 posts

Posted by LalisaFang > 2024-08-16 12:04 | Report Abuse

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

Coralmoon

13 posts

Posted by Coralmoon > 2024-08-16 13:01 | Report Abuse

Gogogo, Synergy! ✌

VeeCJay

69 posts

Posted by VeeCJay > 2024-08-16 15:31 | Report Abuse

Strong return today, monday can continue the momentum

Posted by KaiserKazer > 2024-08-16 16:29 | Report Abuse

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

kahfui1221

414 posts

Posted by kahfui1221 > 2024-08-19 09:50 | Report Abuse

Breaking EMA 10 now. Next will be EMA 30 🔥

Posted by w0nderfultime > 2024-08-19 15:50 | 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 > 2024-08-19 15:51 | Report Abuse

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

Posted by YieldSeeker > 2 months 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

fl1zz0

55 posts

Posted by fl1zz0 > 2 months ago | Report Abuse

Follow director buy lor, 1.20 next stop

duriand24

50 posts

Posted by duriand24 > 2 months ago | Report Abuse

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

mf

29,133 posts

Posted by mf > 2 months ago | Report Abuse

sell

Luisa7

169 posts

Posted by Luisa7 > 2 months ago | Report Abuse

Buy and wait for it to hit RHB's TP 😉

Posted by wiminvestor > 2 months ago | Report Abuse

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

Posted by KaiserKazer > 2 months ago | Report Abuse

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

DouglasLiu

287 posts

Posted by DouglasLiu > 2 months ago | Report Abuse

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

Posted by TradeHarbor > 2 months 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 > 2 months ago | Report Abuse

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

fl1zz0

55 posts

Posted by fl1zz0 > 2 months ago | Report Abuse

Synergy interview with BFM 財今

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

Posted by YieldSeeker > 2 months ago | Report Abuse

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

duriand24

50 posts

Posted by duriand24 > 2 months ago | Report Abuse

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

Posted by wiminvestor > 2 months ago | Report Abuse

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

LalisaFang

230 posts

Posted by LalisaFang > 2 months ago | Report Abuse

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

Luisa7

169 posts

Posted by Luisa7 > 2 months ago | Report Abuse

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

kahfui1221

414 posts

Posted by kahfui1221 > 2 months 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

VeeCJay

69 posts

Posted by VeeCJay > 2 months ago | Report Abuse

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

Posted by KaiserKazer > 2 months ago | Report Abuse

Long way for Synergy, below 1.10 is collect region

Posted by w0nderfultime > 2 months ago | Report Abuse

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

fl1zz0

55 posts

Posted by fl1zz0 > 2 months 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 > 2 months 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 > 2 months ago | Report Abuse

Affordable furniture is definitely booming overseas

duriand24

50 posts

Posted by duriand24 > 2 months 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.

duriand24

50 posts

Posted by duriand24 > 2 months 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.

nrama123

10 posts

Posted by nrama123 > 2 months ago | Report Abuse

Than why SYNERGY everyday drop?

LalisaFang

230 posts

Posted by LalisaFang > 2 months ago | Report Abuse

Funds are flowing to bank stocks, I think ..

Posted by TradeHarbor > 2 months ago | Report Abuse

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

Posted by wiminvestor > 2 months ago | Report Abuse

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

Posted by YieldSeeker > 2 months ago | Report Abuse

People with spare money will shop something today. hehe

Posted by KaiserKazer > 2 months ago | Report Abuse

Synergy manage to close green, queue lower for tmr

Luisa7

169 posts

Posted by Luisa7 > 2 months 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

Callimori

56 posts

Posted by Callimori > 1 month ago | Report Abuse

Buy synergy

Posted by Welsonnotwell > 1 month ago | Report Abuse

return to profit soon?

Posted by FintechHarmony > 1 month ago | Report Abuse

Back above 1.20

4dking777

403 posts

Posted by 4dking777 > 3 weeks ago | Report Abuse

Furniture slowly come back

bizbro

151 posts

Posted by bizbro > 2 weeks ago | Report Abuse

Ong mari ong mari beli Synergy!

Posted by minizzizin > 1 week ago | Report Abuse

Go go synergy green green day

zamry

173 posts

Posted by zamry > 1 week ago | Report Abuse

Go ahead

Income

12,307 posts

Posted by Income > 1 week ago | Report Abuse

Ini Trump counter?

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