as expected, lelong price for Sernkou this week. Chip in some at 61 cents today by the way

According to Malaysian Furniture Council (MFC) president Khoo Yeow Chong, the furniture industry had achieved a 10.1% growth in export value from RM12.6 billion in 2021 to RM13.86 billion last year. He believed that EFE 2023 will be a stepping stone in achieving our export value of RM25 billion by 2030

https://www.thestar.com.my/news/nation/2023/03/08/export-value-of-timber-products-to-hit-rm19bil-in-2025

but don't worry, EPF will push KLK to higher price as well

I'm just an ordinary investor, PuaQW91.
Solid company like Sernkou is one of my investments : )

Seems like need to wait more time for KLK to hit RM21 again

cash rich person sure accumulated at 62 cents there yesterday. What a value investment

Ya...so fluctuating recently this Sernkou. Dca is a nice choice

Good for you, invest8912. Let's Huat!

Looking at its movement, this week gonna be lelong price for Sernkou

Got a bit at RM20.76. Wait for it to move up RM21 again

Have to admit that the furniture industry is undergoing slowdown currently but sure can apply dollar-cost averaging in this solid company

Already got dividend last Friday and get ready to hoot Maybank again when it reaches certain cheap price

guess Sernkou will close green today. Enjoy good weekend, fellas

Great! Moving up a bit today instead of going into a continuous downtrend

El Nino weather pattern could develop from 2H23, which would improve output of soybean oil, CPO’s key substitute, and pressure global vegetable oil prices.
Reason behind CPO price drops to RM3.5k something...

https://www.fitchratings.com/research/corporate-finance/cpo-prices-to-weaken-in-2h23-after-healthy-start-to-year-23-03-2023

More chance to collect Sernkou at cheap price...Applying dollar-cost averaging if it slides down more (next price RM0.55 ba)

I think it's safe to say that below RM21 is a good entry price for KLK if want to do trading

believing it will move up high when the time comes as the business model of Sernkou is very integrated and solid

Collect some at 62 cents (very cheap) this morning

Warrant conversions are being executed in many companies recently...

Collect it when it is in a very cheap price while you can. Or else have to chase high later

Yes, it will affect. However, the CPO price has been consistently above RM3500 since the beginning of this year, I guess its revenue can still be sustainable at RM6 billion for the next quarter.

hearing the sound of an engine slowly heating up~

Finally this is a day Sernkou's warrants go expired. Get ready for it to move high sooner or later

Good trade, invest8912. Clap clap

that's right. Can't miss the chance to collect it at very very cheap price

Niceee quite a buying volume at 64.5 cents this morning. Engine is heating up

Who got collect at RM20.80 something, pls stand up pls stand up XD

one more trading day to collect Sernkou at very discounted price. Let's see if it will move up next Monday

@PuaQW91. It's just normal disposal and it's thus far absorbed by market. Got seller sure got buyer. But can't rule out he will step down to pursuit his own interest

Seems like can wait for more cheaper price and reinvest it using dividend money next week

that's right. Sernkou will undoubtedly profit from its venture into upstream business in the coming quarters

Collect some at 63.5 cents. 5 more days for their warrants to go expired

Bought on weakness yesterday. Bank sectors are controlled by US. haha

in long run, Sernkou sure will fly high to the sky

According to Deputy Prime Minister (DPM) and Plantation and Commodities Minister Datuk Seri Fadillah Yusof, the export value of timber and timber products is expected to hit RM28 billion by 2025 and RM32.8 billion by 2030

Dont know if it will fall to the price same like MCO period...

let's see Sernkou can turn the table around after 20 Mar (warrant expiration date)

KLCI in red sea again. Guess it's affected by the dampened sentiment on bank sectors from the US

Chain reaction starts...Why Public bank kena 1st?

Wow. Mr. Loo disposed his shares continuously. Wonder what happened...

I guess RM8.55 on next Monday (ex-date of dividend)

the ringgit will become even weaker against the USD after FED announce rate hike end of this month

BNM maintains OPR at 2.75%...

https://www.freemalaysiatoday.com/category/highlight/2023/03/09/bnm-maintains-opr-at-2-75-2/

Opportunity to collect below RM21 again. It is gonna be a nice trade. hehe

most of the markets turns out to be red today. But Sernkou seems to be quite steady despite that

Ya...Thanks to Powell's speech yesterday

Ya...affected by Powell's speech yesterday I guess

Western, Asia or Malaysia, the sale of furniture mostly will increase after hit by natural disaster

Besides MIFF, the recent natural disaster that occurred at southern area will enhance the demand for furniture as well