I just hold tight and expected Sernkou will grow more than 3% in their revenue for upcoming quarter result

I guess the price movement will float at 72 cents there for a while

USD index retrace back to 111 something plus the continuous conversion of warrants for these days

CPO price continues to shoot up these few days

https://mpoc.org.my/daily-palm-oil-price/

I wonder if can get it at 70 sen...Continue to monitor the price activity ba

Share price still hanging strongly above 72 sen

I think is local institutions keep selling

Price fluctuating due to conversion of warrants again

Food crisis news will goreng up again...?

https://www.theguardian.com/world/2022/oct/29/russia-suspends-ukraine-grain-deal-after-attack-on-sevastopol-naval-base

I guess their next quarter results will be doing well

Positive prospect for Sernkou moving forwards which the statement given by their management team

@4dking777 High probability. Good for them to recognize the future potential of Sernkou entering into upstream business

That's why new investors were willing to absorb the 12.7 million units of warrants which directors disposed few weeks ago

Very pragmatic move for Sernkou to expand their business into plantation development activities

Haha. Reached RM22. Very good

Sernkou will be the first midstream furniture company which also involved in the upstream business

Sernkou is expanding their business to the upstream sector in plantation development activities at Kelantan state

I guess another 25 bps hike ba...or they will raise it after the election

The newly appointed directors will help the company grow stronger

Nice. One is qualified accountant and another one is expert in law

Will reach RM22 soon

Good good. Luckily reinvested a bit in this yellow tiger when got the dividend

Strong USD will give Sernkou a strong momentum to move up again I guess. Let's see how it will move next

Wow. Nice momentum for bank sectors

I think it's good enough for this company to move above 70 cents seeing that the market sentiment is bad lately

Good. On the way to RM22

I guess Sernkou's price movement will also float there for a while...

USD index retrace back to 111 something for these days

Wait it reached RM22 first. Haha

Agreed. Continue to monitor the overall market situation ba

Anything is possible. Just wait and see ba

New supporting price created with the slump of KLSE index

Temporary price reversal I think...

Nice tikam, dompeilee. We'll see KLK at RM22

CPI rose 0.4 month over month. Higher than expected. Looks like aggressive interest rate hikes ahead from Federal Reserve

https://www.cnbc.com/2022/10/13/consumer-price-index-september-2022-.html

Yup. Too strong USD will trigger recession for the stock market

Let's see tonight's CPI data. If meet the expectation, then the stock market will get some breath and make a small rally

With approx USD 2.2 million assets Sernkou has, the company will move firmly and is strong enough to resist the slump of KLSE Index

USD currency remains strong today which is above 113

Average a bit at the price below RM20

Let's monitor if Sernkou can remain firmly at 75 cents above this week

R and U war is being escalated and USD index move back to above 112 something...

Wow. USD index back to 112 something. Undoubtedly Sernkou can move firmly at above 75 cents

Expected more than 3% grow in their revenue for Sernkou's upcoming quarter

Those are the good news for Sernkou. Then 100% utilization rate for their furniture manufacturing equipment.

Looking forward Sernkou to show breakout signal in due time

Slightly drop in USD index but still moving above 110. Good for overall market though

Seems like USD index will hang around at 111 there for a while. This company will keep sustaining at above 75 cents

Even though USD index retraced back to 111 something, but still very strong. Plus, recent PCE price index also jumped 0.6% for August and this will strengthen the determination for FED to rise the rate

I think share price above 75 cents is sustainable given that the trend of strong USD