sandy roxy's comment on SYGROUP. All Comments

sandy roxy
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Ready for the result......
Ang Siew Chee
Sandy, what you think about the result
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sandy roxy
The global freight rate increase kicks in around Nov 2020. Hence, QTR Dec 2020 result have partial impact from the freight rate increase. The full impact will be in QTR Mac 2021 result.

Hence, the result is showing SYSCORP is moving the right direction (with last QTR profit higher than previous QTR).

Revenue Qtr Dec20 = RM157mil (improved 14%)
Revenue Qtr Sept20 =RM138mil

Profit Qtr Dec20 = RM3.8mil (improved 19%)
Profit Qtr Sept20 = RM3.2mil

EPS Qtr Dec20 = 0.30 (improved 20%)
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sandy roxy
Hence, Syscorp is a "buy" call.
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Ang Siew Chee
Thank you Sandy
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Fang Jun
Sandy so still can buy and keep?
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sandy roxy
Should buy and keep. The freight rate situation will keep high. As with the vaccination the economy expected to ramp up and hence forward freight condition to be favourable to Syscorp.
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