SHIN YANG GROUP BERHAD
KLSE (MYR): SYGROUP (5173)
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Last Price
0.905
Today's Change
-0.015 (1.63%)
Day's Change
0.89 - 0.93
Trading Volume
734,800
Overview
Market Cap
1,086 Million
NOSH
1,200 Million
Avg Volume (4 weeks)
1,192,594
4 Weeks Range
0.845 - 0.94
4 Weeks Price Volatility (%)
63.16%
52 Weeks Range
0.575 - 1.08
52 Weeks Price Volatility (%)
65.35%
Previous Close
0.92
Open
0.93
Bid
0.905 x 49,500
Ask
0.91 x 11,400
Day's Range
0.89 - 0.93
Trading Volume
734,800
Financial Highlight
Latest Quarter | Ann. Date
30-Jun-2024 [#4] | 30-Aug-2024
Next QR | Est. Ann. Date
30-Sep-2024 | 30-Nov-2024
T4Q P/E | EY
9.52 | 10.50%
T4Q DY | Payout %
3.13% | 29.78%
T4Q NAPS | P/NAPS
1.08 | 0.84
T4Q NP Margin | ROE
12.16% | 8.78%
Market Buzz
2024-11-12
2024-11-12
2024-11-11
2024-11-05
News and Blogs
Company Profile
Sector: TRANSPORTATION & LOGISTICS
Sector: TRANSPORTATION & LOGISTICS
Subsector: TRANSPORTATION & LOGISTICS SERVICES
Subsector: TRANSPORTATION & LOGISTICS SERVICES
Description:
Shin Yang Group Berhad, formerly Shin Yang Shipping Corporation Berhad, is a Malaysia-based investment holding and property holding company. The Company's segments include Shipbuilding, ship repair and fabrication of metal structures; Domestic and regional shipping segment, which carries out shipping business in coastal and regional routes within Malaysia and ASEAN region; International shipping segment, which carries out international routes to Japan, Korea, China, Philippines and ASEAN region; Land transportation and hiring services, and Others consist of the business of shipping agency and operations and maintenance of barrage. Its geographical information includes Malaysia, China, Singapore, United Arab Emirates, Netherlands and Japan. The Company's wholly owned subsidiaries include Danum Shipping Sdn. Bhd., Piasau Slipways Sdn. Bhd., Shinline Sdn. Bhd., Shin Yang Shipping Sdn. Bhd., Shin Yang Shipyard Sdn. Bhd., Thailine Sdn. Bhd. and Dynasys Technology & Engineering Sdn. Bhd.
Discussions
5 people like this. Showing 50 of 1,509 comments
@EatCoconutCanWin
lmao, 10%+ in response to a very good news, not even limit up, you are really delusional not knowing the value of this company. it is still traded below NTA unlike those true scam counter that traded way way beyond NTA.
go report if you really think this is a scam, don't be a sour grape here
with such mentallity you hardly make any good profit in bursa
2024-07-12 11:00
accumulated shares buy back ,how will it treaded in accounting ? possiblity as profit minus average of share back or totally loss as a provision
2024-07-12 13:23
@katara sygroup needed to be revaluate base on the purchase price of boulevard jaya motor and future profit generateable from this company
2024-07-12 13:35
@daretocutandchange not sure about the exact accounting but it should be very less relavant, as now those shares will go back to ling family in a trade of incooperating their other business of motor company into sygroup
should be a good thing as this year long buy back obviously attempt to push up the price without intention to collect low. (usually done at closing to push up the tprice).
the buy back may or may not stop right now but the job has been done. now ling family will get those shares, should be time to unleash the company value in market price along with it's new source of diversified additional income.
good thing about this company purchase is that it don't involves any loan or acculmulating of fund through or new share listing. all is done through company own extra idle cash and treasury shares. the new source of income from motor can be assumed as a free bonus
2024-07-12 14:09
only possible negative outcome is that the purchase price is unreasonably high or IF the motor company is actually not a profit making company
2024-07-12 14:12
Shawn88, You can see that they have been injecting a few businesses into SYGroup, and it’s likely that more will be in the pipeline, considering they hold many profitable companies within Shin Yang. This counter move very slow and may switch gear from here on
2024-07-14 21:56
win win situation for the family and other shareholders imo, as sygroup acquired more subsidiary companies with cash & treasury shares (without loan / private placement / listing additional shares that will dilute the value of the company)
2024-07-15 11:41
They actually don't need to inject into SYGroup. The break even is 2-3 years with the purchased price and the injection price is relatively cheap. I sold off 40% of my shareholding in this company because afternoon selling is quite fast even with such positive news. I want to buy it back if touch my target price.
2024-07-15 20:20
Sygroup 92 cents
Dip below 90 cents awhile then buy.please take notes if dip below 85 cents as no buy.
29/7/24 12.13am
2024-07-29 00:10
sold a few sygroup to lock profit at 0.950 (10.27am 29 july 2024) still got some sygroup left
2024-07-29 10:29
top up a few SYGROUP at 0.855 (2.55pm, 02 august 2024), bought back those I sold recently at 0.950 (10.27am 29 july 2024)
2024-08-02 14:56
sold back at 0.835 (05 august 2024, 9.55am), still got my previously existing sygroup left
2024-08-05 09:56
top up a few more SYGROUP again at 0.805 (12.30pm t-price, 05 august 2024)
2024-08-05 14:31
sold a few sygroup to lock profit at 0.870 (07 august 2024, 4.50pm preclose price) still got some sygroup stakes left
2024-08-07 17:28
sold a few SYGROUP at 0.95 to lock profit, still got some left (13 august 2024)
2024-08-13 10:13
will keep remaining until it's QR release, & will top up if price retracts significantly again prior QR release
2024-08-13 12:03
Will it announce a good dividend this quarter? I anticipate continued market attention and healthy dividends going forward, especially after the injection of new businesses.
2024-08-15 11:56
while still holding some SYGROUP, although I expected SYGROUP will perform better than harbour within this 3 months QR, I can't believe SYGROUP actually performed so so much better than HARBOUR, way beyond my expectation.
which also means, the underperform HARBOUR is actually a very good bargain now. especially for those who locked a few profit from SYGROUP
2 months ago
SYGroup appears to be strategically injecting its profitable businesses into the company. I've heard that they have a diverse portfolio with many profitable ventures. Will the share price continue to rise significantly?
2 months ago
The company is expected to announce its quarterly results soon. Should I sell my shares or buy more, given the current market sentiment? September is typically a good month for the stock market.
2 months ago
The expected QR selling should be done by now, and more positive days are ahead. It should be on an uptrend from today onward, as newly acquired businesses will be included in the next quarter’s earnings, along with the dividend declaration.
2 months ago
@SCM2023 well said, I didn't expect the strong QR selling because the QR is similar to HARBOUR while HARBOUR also didn't suffer strong selling down. and yes SYGROUP now deverse better valuation than HARBOUR due to injection of new profitable business
2 months ago
SincereStock,As I understand from Sarawakians, this company has many profitable subsidiaries. I believe they are planning to inject more businesses into this listed company, as it has transitioned from a shipping-focused entity to a diversified conglomerate. Their businesses include trading, hardware shops, bus transportation, oil palm plantations, catering services, shopping malls, hotels, heavy machinery trading, petrol stations, fuel trading, construction, real estate, chemical plant, plastic factory, hyper market, agriculture and more.
2 months ago
Company promise to use own money to share buy back to push the share price until 1.50
1 month ago
utusminum> Company promise to use own money to share buy back to push the share price until 1.50
@utusminum: from where you got that? and when was it stated?
1 month ago
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SincereStock
my own thinking is that, the transaction is by company own cash and treasure share, is better to buy into new company than just keep the cash / treasury shares without doing anything
any additional profit is good (unless the company make losses in future due to subsidy affect)
ling family stakes in sygroup now higher they probably want the price to go up further, previously the share buy back intend is also want to pump up the pirce instead of trying to collect lower only
but still the main concern here would be whether the purchase price is reasonable
2024-07-12 09:31