TradeHarbor

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

2 months ago

LalisaFang

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

2 months ago

LalisaFang

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

2 months ago

Coralmoon

Gogogo, Synergy! ✌

2 months ago

VeeCJay

Strong return today, monday can continue the momentum

2 months ago

KaiserKazer

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

2 months ago

kahfui1221

Breaking EMA 10 now. Next will be EMA 30 🔥

2 months ago

w0nderfultime

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.

2 months ago

w0nderfultime

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

2 months ago

YieldSeeker

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

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

2 months ago

fl1zz0

Follow director buy lor, 1.20 next stop

2 months ago

duriand24

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

2 months ago

mf

sell

2 months ago

Luisa7

Buy and wait for it to hit RHB's TP 😉

2 months ago

wiminvestor

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

2 months ago

KaiserKazer

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

2 months ago

DouglasLiu

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

2 months ago

TradeHarbor

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

2 months ago

w0nderfultime

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

2 months ago

fl1zz0

Synergy interview with BFM 財今

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

2 months ago

YieldSeeker

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

2 months ago

duriand24

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

2 months ago

wiminvestor

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

2 months ago

LalisaFang

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

2 months ago

Luisa7

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

2 months ago

kahfui1221

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

2 months ago

VeeCJay

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

2 months ago

YieldSeeker

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

2 months ago

KaiserKazer

Long way for Synergy, below 1.10 is collect region

2 months ago

w0nderfultime

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

2 months ago

fl1zz0

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

2 months ago

TradeHarbor

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 👍

2 months ago

YieldSeeker

Affordable furniture is definitely booming overseas

2 months ago

duriand24

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.

2 months ago

duriand24

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.

2 months ago

nrama123

Than why SYNERGY everyday drop?

2 months ago

LalisaFang

Funds are flowing to bank stocks, I think ..

2 months ago

TradeHarbor

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

2 months ago

wiminvestor

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

2 months ago

YieldSeeker

People with spare money will shop something today. hehe

2 months ago

KaiserKazer

Synergy manage to close green, queue lower for tmr

2 months ago

Luisa7

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

2 months ago

Callimori

Buy synergy

1 month ago

Welsonnotwell

return to profit soon?

1 month ago

FintechHarmony

Back above 1.20

3 weeks ago

4dking777

Furniture slowly come back

2 weeks ago

bizbro

Ong mari ong mari beli Synergy!

1 week ago

minizzizin

Go go synergy green green day

3 days ago

zamry

Go ahead

2 days ago

Income

Ini Trump counter?

23 hours ago