6.99, Nice closing. Looking forward to upcoming qtr report.

1.75 wall berry thick

Just early of the month Innix was around AT’s price, look what happen now.

https://assets.theedgemarkets.com/pictures/20200811_companies_that_are_increasing_capacity_or_entering_the_rubber_glove_business.jpg

Director children are buying again between 1.4x-1.5x
Glad to collect sama sama with the important people, go VS go!

Surprisingly to see buying power in serbadk today, good job !

Awang become substantial shareholder in iStone hmmm

If the company is cash rich and strong, I don’t think it will stay at current price anymore lol. This counter is trying to diversify its business and turn a new leaf to accommodate to what the market wants currently, which I think is a right move.

Oh I see
Thanks for enlightening
Well, look at the good side, Opportunity to top up good company until September

That is Private Placement, an act to raise cash for company, usually is selling to a big funds / institution fund that has big wallet. The money raised will be used to expand the business and make the company strong.

Brent oil is at USD 45.60/barrel as for now
Let’s see whether it can cross 46 and stay above convincingly or not

Guys check out today’s announcement on company’s reply to bursa’s query on theIr new glove business, I feel it is promising & bright prospect

Looking at the bright side
He didn’t sell at highest price
In fact today serbadk closing above his selling price, which I think is totally positive

Testing our patience kaw kaw

Awang dispose another batch today
Based on this kind of qty, probably take 2-3 weeks to sell off his entire holding, hang in there

Awang so clever
Knowing company received award, price rebounded, fast fast sell today

Yeah nice closing, keep it up

Ya wor luxchem also limit up today, nowadays cincai syiok syiok any stock also can limit up, so keep your share nicely who knows tomorrow will be lucky day

Lol lots of disappointing trader, me too hoping one day it will fly all the way north and not retracting, how many double top already cannot pass 1.8x aiya

Our boss is working hard for us, appreciate that. Share price let market to decide. Hold with faith.

Letter of Award worth USD350,000,000 project!

The Award is expected to contribute positively to the net assets, consolidated earnings and earnings per share of the Company for the financial year ending 31 December 2020

Fly Serbadk Fly!

The road block is so thick

Oil counter trying to move, gogogo

1.83 good entry price

AT, Gocean, Kossan all published announcement denying not aware, not involve.

All 3 parties also denied, read bursa announcement

Nice rebounding

Not only serbadk drop, the o&g in my watchlist such as dayang, Carimin, knm, Dialog all also dropping, the pattern very much depending on oil price.

Our director is buying today at the price of 1.615, sign of confidence.

Holding up well at 2.20, resistant at 2.30

Nice breakout. Engine started. Sit tight. Great scenery ahead.

Brent oil up 1.28% USD 44.17 at the moment
Keep it up go go!

Yay awarded contract!

“ The Transaction is expected to contribute positively to KNM Group’s earnings for the financial years ending 31 December 2020 and 31 December 2021.”

Awesome!

Congrats Harta being second glove to cross RM20 this morning

Sudden surge then boh lat again lol

All the while we thought awang is disposing, seems like is not, all his balance 2.955% stock still intact since his last disposal in 25/6, so who is disposing and who is eating all this while hmmm.

Whenever rainy day reminds me of mfcb haha, the prospect mentioning that wet season (June to December) is good for the energy availability factor, hence today I added more into my portfolio. Investing can be simple.

Agree with EliteYY69, that’s why we need to diversify our portfolio, don’t all in one sector only, I am sure oil & gas theme will come eventually. Cheers.

Good closing 1.72

Noticed whenever price throw to 1.68, instantly someone eat up to 1.69, cycle repeat, more like pre-programmed. Getting interesting. Good day not far away.

You guys notice the daily transacted volume has been getting lesser and lesser? It should be a good time to accumulate.

Be positive guys, atleast it closes green lol. Good day will come soon.

Road block stopping the price to go up, obviously got ppl accumulating. All we need is patient. Tons of. Don’t sailang in one counter only, diversified to other strong momentum play, then won’t get frustrated. Gambateh!

Credits to GID Malaysia Stock Investing Facebook:

Serbadk (5279) AGM 10 key takeaways
Dato Karim made a presentation on Serbadk in the AGM, the corporate presentation will be uploaded to their company official website soon (http://serbadinamik.listedcompany.com/agm.html). Hence, lets look into the takeaways I summarized from the presentation and Q&A:

1) Dato Karim show the growth in orderbook in 2019 to RM 10.7bil (it was only RM5.3bil when listed in 2017).
2) Revenue increased double digit by 37.9% yoy.
3) GP margin maintained at around 17.9 while PAT margin dropped a little to 11% which is acceptable.
4) Debt of the company is a major concerned as there is a private placement in May, Dato Karim mentioned that their corporate finance will review and monitor closely to ensure gearing ratio is in a healthy and acceptable range. 70% of private placement fund is also used to repay debt to balance the gap between equity and debt.
5) Dividend payout ratio is maintained at 30% PAT.
6) Target of the year is to achieved orderbook of RM15bil but as of 1H, the order book is already at RM17.5bil which is around 70% increase in order book in only 6 months.
7) The group also target to venture more into IT (reduce reliance in O&G) as it is the future. The group IT segment also recorded exponential growth of above 100%. Basically their IT focus on two segment being consumer and retail segment and institutional segment. Dato Karim mentioned that this is a global business and with 7.7bil world population, if the group is able to produce a useful software, then that will contribute to the group significantly.
8) There is 3 years plan to reduce reliance on O&G to 45% although currently 85% of earning is still from O&G. He also mentioned that orderbook contract will be honoured as maintenance activity is needed regardless of oil price.
9) Outlook wise, Dato Karim acknowledged the impact from Covid-19, however the group is supporting a wide region which Covid-19 is in different stages in each places, for eg Malaysia is now a green zone while Africa is still in the early stage of Covid-19. Hence, there will still be business activity running as their business is also consider essential business. He also emphasize that brent oil price had recovered to 41 as at today which is at an acceptable level. Talking about political unstabality, the group serve their customer with expertise and is not impacted by any political activities.
10) Lastly, Dato Karim mentioned that if there is no 2nd wave of Covid-19, the group is still able to achieve targeted growth of 15-20% this year.

As Serbadk is one of growth value investor pick, I had expressed my two cents before (https://www.facebook.com/GIDinvest/posts/129480141948525), whoever interested can refer to it as well ☺️

Qtr result out. I’d say an OK result. Doubt will be any dumping tomorrow as share price haven’t been going up since last quarter. Looking forward to next qtr.

Very big vol everyday, should be local fund selling. On the other hand, buyer keep eating. Price range 1.57-1.60

From announcement can see local funds are disposing, I don’t think has anything to do with company operation, in fact I find that this is a good chance to collect.

Few days ago price lagi pressed down to 5.93, that’s a truly no brainier lol! Consolidated for 3 months, it is show time~!

Thumbs up Takaful !

Yay got bonus issues

I sense accumulation mode, big lots buying but share price doesn’t go up.