sama-sama huat up to the sky, or we all go to holland. Wait till nxt Tuesday the latest

Kenanga Research may be right

Serba Dinamik Holdings Bhd (Trading Buy)
• Chart-wise, SERBADK’s share price has plunged from a high of RM1.61 (at the end of May 2021) to a low of RM0.305 (in end-June 2021), representing a retracement of 81%.

• Since then, the stock has been treading sideways while bouncing off its trough to close at RM0.41 yesterday, representing an increase of 34% from the lowest level.

• The share price is currently on the edge of staging a technical breakout based on the following technical signals: (i) the emergence of green-body Heikin-Ashi candles with no lower shadow, which indicates upward bias, (ii) the stock is currently trading above the upper-band of the Keltner Channel, and (iii) the Parabolic SAR indicator is trending upwards.

• With that, from a technical standpoint, the stock could climb to test our resistance thresholds of RM0.48 (R1; 17% upside potential) and RM0.515 (R2; 26% upside potential).

• We have placed our stop loss price at RM0.35 (translating to a downside risk of 15%).

• Business-wise, SERBADK is an integrated oil and gas (O&G) services provider that offers 4 main services, namely: (i) Operations & Maintenance, (ii) Engineering, Procurement, Construction & Commissioning, (iii) Information & Communication Technology, and (iv) Education & Training.

• From a fundamental perspective, the group reported its lowest quarterly net profit of RM13.8m in the 6QFY21 amidst uncertainties arising from some ongoing accounting issues.

• In response, SERBADK has recently announced a restructuring of their management team in order to further streamline its operations while meeting shareholders’ mandate.

Source: Kenanga Research - 14 Oct 2021

Forget OSK .... very bad experience, last time when OSK bought over PJ Dev at such ridiculous price, Many retailers cried foul. Very stingy bugger. So for me, OSK is out of the window.

good show today. 10 bil budget in 2022 for Sarawak

buy some & hope for upside this week

buy some

just bought first batch. the price is almost the lowest in 5 years

before covid19, price rm5.50++. After one year into covid-19, the price still the same with almost 5 bil ringit PAT. Holy kawww

Last year, all IBs were singing the glove love songs. This year already changed to Tech love songs. Next year, dont know yet ????

Taking a company into private and delist from Bursa is something possible .... just look at MMC Corporation recently, last month.....

Tan Sri Syed Mokhtar Albukhary has made an offer to take MMC Corp Bhd private via a selective capital reduction and repayment (SCR) exercise.

Under the proposed deal, minority shareholders in MMC Corp will receive RM2.94bil cash, or RM2 per share.

Shares in MMC Corp were last traded at RM1.30 today before the trading was halted in the afternoon session to make way for the announcement.

In a filing with Bursa Malaysia today, MMC Corp said it has received the offer from Seaport Terminal (Johore) Sdn Bhd (STJ).


STJ, the company controlled by Syed Mokhtar, has a majority 51.76% of MMC Corp. The proposed SCR provides an opportunity for minority shareholders to exit the company at a substantial premium to prevailing market price, STJ said in its offer documents.


Shares in MMC Corp have been languishing at around RM1 for the past one year.

The net asset per share of the company stood at RM3.12.
............ from The Star 1 June 2021

Keep dropping lower and lower. Stanley might take this supermax private & delist from bursa. At the moment, supermax got almost 4 bil cash in hand. by end 2021, assuming 700 mil PAT per Qtr, 3x700 = 2.1 bil. total cash 6 bil by end 2021. Assuming PAT 500 mil per qtr in 2022, so another 2 bil profit added. So cash equivalent is 8000 / 2720 = RM2.90 per share by end 2022.

Comfort just released their QR. PAT 219 Mil. Divy 5 sen. Glove is still needed in fight against Covid