IS3 0.00% 0.5¢ i synergy group limited

Think today's high might be the management buying 100k of shares...

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  1. 3 Posts.
    Think today's high might be the management buying 100k of shares on open market, it worths around 16k of money.

    This company is also doing business in countries like Philippines and Indonesia. Not sure whether they have any existing business here in Australia but won't be surprised if they have any since they are listed here in Australia asx.

    And this company have paid for their first interim dividend and have come out with dividend plan paying investors no less than 30 percent of their total net income in near future. Though it was not a huge dividend paid, but it shows a good sign that this company cares about the value of their existing investors.

    I thought about the reason of them being malaysia company but listed here in Australia market. I am guessing that it may be due to the fact that Malaysia currency ( ringgits) is not as stable as Australia currency ( AUD). With the country currency ( ringgits) keeps on dropping like no boundary, it is actually quite a smart move to list the company here in Australia market.

    Again, I hope I am right about this company. And it is still affordable at the current share price. Will think about topping for more when opportunity arises.

    GLTAH and DYOR.
 
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