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Not double standards. Phillip Securities initiated on Clearbridge on 1 Apr with a buy call. So the price volatility for Clearbridge is justifiable given the new information. Synagie, on the other hand, not sure if there' s any such new information.
ahhuat08 ( Date: 04-Apr-2019 16:05) Posted:
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simply double standard, yesterday and day b4, clearbridge surge by over 40 over % and no query from sgx.
Seriously, this is selective questioning.
Seriously, this is selective questioning.
Ramster ( Date: 04-Apr-2019 15:52) Posted:
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SGX query but I think maybe investors realised that this stock is oversold that why price going up GOOD LUCK to shortists
.080 now losing steams already
Now .082 time to short????
Sold 95. 17pips
0.09 liao!
Jeep 78. Big huat again!
Huat ah !!!
Trying to play catching up like Y Venture ?
Stock crash after the 2 analysts call. At least someone bought 1 mil shares at $0.19 on the 11-09-2018.
Luckily that group has not sold out yet.
Luckily that group has not sold out yet.
Broker' s take: CGS-CIMB initiates coverage on Synagie, issues ' add' with S$0.34 target price
Another call. Hopes this call does not result in another sell down.
lousy uobkh call...yucks..
SmallSmall ( Date: 29-Aug-2018 12:31) Posted:
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this ipo rubbish seh
UOB and Synagie to untangle the e-commerce web for
small- and medium-sized distributors and retailers
Collaboration to help SMEs expand into and manage multiple online sales channels more effectively
Singapore, 29 August 2018 &ndash United Overseas Bank Limited (UOB) and Synagie Corporation Ltd.
(Synagie) today announced their collaboration to help small- and medium-sized enterprises (SMEs) expand
into and manage multiple online sales channels more effectively for business growth.
Online retail sales in Singapore are expected to grow at about 10 per cent annually from 2017 to 2022, with
the number of users rising by 14 per cent over the same period1
. This favourable outlook presents immense
opportunities for distributors and retailers to increase their revenue via e-commerce sites. However, as a
business would have to open a merchant account for each site, it would end up managing multiple accounts
and reconciling inventory and sales across each channel. This would be particularly challenging for the
smaller businesses with limited resources. Warehousing and logistics requirements would also add to their
already burgeoning overhead costs.
To help SMEs overcome such challenges, UOB and Synagie entered into a collaboration agreement with
Synagie becoming the Bank&rsquo s preferred commerce-enabling partner. Under the agreement, UOB&rsquo s SME
clients in Singapore will have preferential access to Synagie&rsquo s range of easy-to-use, end-to-end
e-commerce solutions. These solutions include Synagie.com, a one-stop cloud-based platform that enables
businesses to integrate their sales and distribution in Singapore and Malaysia across multiple
e-marketplaces such as Lazada, Qoo10 and Shopee, as well as offline channels using just a single
dashboard. Synagie also offers on-demand warehousing and fulfilment services on a pay-per-use basis.
With Synagie&rsquo s solutions, SMEs can manage every e-commerce process centrally, conveniently and costefficiently,
from inventory storage and management, digital marketing and multi-channel sales to distribution
and fulfilment of customer orders. There is no need for them to make large investments to set up their own
technology and logistics infrastructure. They can also gain a comprehensive overview of their customer
demand and cash flow, and a more effective reconciliation of their financial accounts. This will in turn
enhance their ability to obtain financing more quickly.
1
Source: Statista, www.statista.com/outlook/243/124/ecommerce/singapore
2
Mr Choo Kee Siong, Head of Enterprise Banking, UOB, said, &ldquo SMEs are a key force in propelling the growth
of the industry and economy. As more SMEs turn to e-commerce to increase their product sales, we want
to help them untangle the complexities of managing their inventory levels and customer order deliveries
across multiple sales channels and across borders. This is because we believe the most effective way for
SMEs to scale up their online sales is by accessing the e-marketplaces with the widest reach. In connecting
our clients to the right digital solutions, we want to help them open new sales channels and drive overall
business performance.
&ldquo By using Synagie&rsquo s solutions, our SME clients can list, market and sell their products on major online
marketplaces in Singapore and Malaysia effortlessly. The consolidated management of their sales and
distribution on a single dashboard will also provide them with a better understanding of their own cash flow
needs, enabling them to seek financing promptly. As their banking partner, UOB will be able to lend timely
support in extending the working capital financing they need.&rdquo
Synagie.com also provides real-time big data analytics tools to help businesses understand their customers&rsquo
buying preferences, thereby better identifying sales and marketing opportunities.
Mr Clement Lee, Chief Executive Officer of Synagie, said, &ldquo Southeast Asia&rsquo s e-commerce market is seeing
phenomenal growth and it is an opportunity that SMEs should seize. Our plug-and-play solution not only
takes away the heavy lifting, enabling businesses to focus on increasing their sales, it also does not require
upfront deposits or investments. By tapping the infrastructure that we have built, SMEs can get their
businesses online quickly and at a lower cost. Through relevant marketing insights, we will also help them
engage better with their target customers online.&rdquo
Mr Mark Cheng, Sales Director of Singapore OPPO Electronics Pte Ltd, said, &ldquo We used to spend
considerable time and effort monitoring our accounts on various online marketplaces to ensure that
inventory levels are matched with customer orders and on-time delivery of goods. With Synagie&rsquo s
proprietary solutions, we are much more productive and are equipped with a better understanding of
customer demand. With UOB&rsquo s banking solutions, we are also able to reconcile our accounts receivables
more efficiently.&rdquo
3
To encourage and to facilitate SMEs&rsquo adoption of Synagie&rsquo s solutions, UOB&rsquo s clients2
can enjoy up to $2,500
worth of benefits including a three-month complimentary subscription to Synagie.com with free warehouse
storage.
UOB and Synagie plan to extend their collaboration regionally, with Malaysia&rsquo s launch expected by end2018,
followed by Thailand, Vietnam and Indonesia.
small- and medium-sized distributors and retailers
Collaboration to help SMEs expand into and manage multiple online sales channels more effectively
Singapore, 29 August 2018 &ndash United Overseas Bank Limited (UOB) and Synagie Corporation Ltd.
(Synagie) today announced their collaboration to help small- and medium-sized enterprises (SMEs) expand
into and manage multiple online sales channels more effectively for business growth.
Online retail sales in Singapore are expected to grow at about 10 per cent annually from 2017 to 2022, with
the number of users rising by 14 per cent over the same period1
. This favourable outlook presents immense
opportunities for distributors and retailers to increase their revenue via e-commerce sites. However, as a
business would have to open a merchant account for each site, it would end up managing multiple accounts
and reconciling inventory and sales across each channel. This would be particularly challenging for the
smaller businesses with limited resources. Warehousing and logistics requirements would also add to their
already burgeoning overhead costs.
To help SMEs overcome such challenges, UOB and Synagie entered into a collaboration agreement with
Synagie becoming the Bank&rsquo s preferred commerce-enabling partner. Under the agreement, UOB&rsquo s SME
clients in Singapore will have preferential access to Synagie&rsquo s range of easy-to-use, end-to-end
e-commerce solutions. These solutions include Synagie.com, a one-stop cloud-based platform that enables
businesses to integrate their sales and distribution in Singapore and Malaysia across multiple
e-marketplaces such as Lazada, Qoo10 and Shopee, as well as offline channels using just a single
dashboard. Synagie also offers on-demand warehousing and fulfilment services on a pay-per-use basis.
With Synagie&rsquo s solutions, SMEs can manage every e-commerce process centrally, conveniently and costefficiently,
from inventory storage and management, digital marketing and multi-channel sales to distribution
and fulfilment of customer orders. There is no need for them to make large investments to set up their own
technology and logistics infrastructure. They can also gain a comprehensive overview of their customer
demand and cash flow, and a more effective reconciliation of their financial accounts. This will in turn
enhance their ability to obtain financing more quickly.
1
Source: Statista, www.statista.com/outlook/243/124/ecommerce/singapore
2
Mr Choo Kee Siong, Head of Enterprise Banking, UOB, said, &ldquo SMEs are a key force in propelling the growth
of the industry and economy. As more SMEs turn to e-commerce to increase their product sales, we want
to help them untangle the complexities of managing their inventory levels and customer order deliveries
across multiple sales channels and across borders. This is because we believe the most effective way for
SMEs to scale up their online sales is by accessing the e-marketplaces with the widest reach. In connecting
our clients to the right digital solutions, we want to help them open new sales channels and drive overall
business performance.
&ldquo By using Synagie&rsquo s solutions, our SME clients can list, market and sell their products on major online
marketplaces in Singapore and Malaysia effortlessly. The consolidated management of their sales and
distribution on a single dashboard will also provide them with a better understanding of their own cash flow
needs, enabling them to seek financing promptly. As their banking partner, UOB will be able to lend timely
support in extending the working capital financing they need.&rdquo
Synagie.com also provides real-time big data analytics tools to help businesses understand their customers&rsquo
buying preferences, thereby better identifying sales and marketing opportunities.
Mr Clement Lee, Chief Executive Officer of Synagie, said, &ldquo Southeast Asia&rsquo s e-commerce market is seeing
phenomenal growth and it is an opportunity that SMEs should seize. Our plug-and-play solution not only
takes away the heavy lifting, enabling businesses to focus on increasing their sales, it also does not require
upfront deposits or investments. By tapping the infrastructure that we have built, SMEs can get their
businesses online quickly and at a lower cost. Through relevant marketing insights, we will also help them
engage better with their target customers online.&rdquo
Mr Mark Cheng, Sales Director of Singapore OPPO Electronics Pte Ltd, said, &ldquo We used to spend
considerable time and effort monitoring our accounts on various online marketplaces to ensure that
inventory levels are matched with customer orders and on-time delivery of goods. With Synagie&rsquo s
proprietary solutions, we are much more productive and are equipped with a better understanding of
customer demand. With UOB&rsquo s banking solutions, we are also able to reconcile our accounts receivables
more efficiently.&rdquo
3
To encourage and to facilitate SMEs&rsquo adoption of Synagie&rsquo s solutions, UOB&rsquo s clients2
can enjoy up to $2,500
worth of benefits including a three-month complimentary subscription to Synagie.com with free warehouse
storage.
UOB and Synagie plan to extend their collaboration regionally, with Malaysia&rsquo s launch expected by end2018,
followed by Thailand, Vietnam and Indonesia.
INITIATE COVERAGE
Synagie Corporation (SCl SP)
BUY | Price/Tgt: S$0.27/S$0.45 | Mkt Cap: S$70.7m
Propelling E-Commerce In The Fast Lane
Synagie is the fastest growing e-commerce solutions provider in Southeast Asia, focusing on beauty, body and baby care sector. The group&rsquo s platform entails end-to-end services for more than 250 brand partners. Furthermore, Insurtech is a disruptor that complements its ecosystem. Investors can look forward to growth propulsion as Synagie rides on Southeast Asia&rsquo s undeveloped e-commerce opportunities. Initiate with BUY and 4.2x P/S-based target price of S$0.45.
Synagie Corporation (SCl SP)
BUY | Price/Tgt: S$0.27/S$0.45 | Mkt Cap: S$70.7m
Propelling E-Commerce In The Fast Lane
Synagie is the fastest growing e-commerce solutions provider in Southeast Asia, focusing on beauty, body and baby care sector. The group&rsquo s platform entails end-to-end services for more than 250 brand partners. Furthermore, Insurtech is a disruptor that complements its ecosystem. Investors can look forward to growth propulsion as Synagie rides on Southeast Asia&rsquo s undeveloped e-commerce opportunities. Initiate with BUY and 4.2x P/S-based target price of S$0.45.
good or not sia??
Any takes on this company?