It's not, my friend. The company has about RM18.38 million in cash and cash equivalents but has borrowings of RM107.43 million as at 30 Sep 2024

They did expand into property business

Almost break through 30 cents today. Add oil, MClean

Takaful = takkan fool people 😁

Retracement spotted. Time to chip in some 😉

Takaful is taking initiative to investigate the unreasonable increase in insurance prices
https://www.sinarharian.com.my/article/700629/berita/nasional/syarikat-insurans-pengendali-takaful-setuju-teliti-semula-kenaikan-premium

Let's swim with the sharks and push the share price to 30 cents and beyond 😋

What is Ang san? 🤔

Sernkou's prospects are bright, particularly in the context of sustainable timber production and the increasing demand for eco-friendly products

Thong Guan plans to pay 7 sen special dividend after RM60m F&B sale 😯

Nice q3 performance. Both revenue and net profit continued to rise 👍

Michael vs Najib. Which side are you on ? 😆

Without a doubt, we will see Sernkou presenting profitable Q1FY2025 results 🙂

Takaful's Q3 performance will be super good

Malaysia's timber exports expected to rebound this year on surging demand from US market. Sernkou's financial performance this year will be very strong

Carbon taxes are not good for the steel industry 🙁

AI is driving memory (HDD etc) and storage demand. Let's accumulate

Congratulation, turbochart 👍

Demand for timber products remains steady in the global market, driven by the furniture, construction, and interior decoration sectors. Still worth to collect Sernkou at current price

Dnt be like that, Kenanga share price also drops. ha

I guess I would pick up some before its Q3 results are out

Btw, Kenanga buy call on Tguan and set a target price of RM2.80

https://www.thestar.com.my/business/business-news/2024/10/23/property-venture-a-boon-for-thong-guan

Prepare to attend its AGM next month 🙂
https://klse.i3investor.com/web/mktbzz/meeting-detail/16378_3491092353

Let's see if 11.11 will boost the plastic packaging business or not ...

Nice, Mr. Low bought back a lot shares on 11 Oct
https://klse.i3investor.com/web/insider/detail/D_181849_1833399911

KAOTIM, the digital brand and platform managed by Syarikat Takaful Malaysia Keluarga Berhad (Takaful Malaysia group), launched last week new online protection plans “Kaotim Car” and “Kaotim Motor”, designed to offer comprehensive private car and motorcycle coverage, affordability and convenience in Malaysia.

Mclean is going to expand into plastic injection moulding business

https://www.thestar.com.my/business/business-news/2024/10/09/mclean-technologies-diversifies

Journey to RM4 currently

Which furniture company burned down? https://www.nst.com.my/news/nation/2024/10/1115227/firemen-take-3-hours-control-blaze-pj-furniture-store

Thong Guan expects stronger revenue on steady demand from US. Q3 & Q4 will be good I think

https://www.thestar.com.my/business/business-news/2024/09/30/thong-guan-expects-stronger-revenue-on-steady-demand-from-us

88 cents is a good price (number) to collect 😁

Management really needs to take actions and do something about it ...

FY 2025 will be the year when Sernkou turns losses into profits 😉

Averaging some at RM1.65 ...😗

Buy in batches, better don't all in 😅

Ya, buy more for dividend in Sep / Oct 😁

It looks like it's slowly rebounding. Continue to collect before it passes 40 cents 🤗

It is possible after expanding into the property sector

You won't regret collecting it when it's below 0.40 😊

Mostly good one Tguan's Q2 results

Accrelist has confidence in MClean's business direction and growth prospects, especially in the growing demand for Hard Disk Drive solutions, following the significant increase in demand for data centres.

I think Tguan will declare dividend on August ...

I catch some @ 38.5 cents instead. Let's huat today 😋

Shoot... Failed to stay above RM2

Great, keep washing. I will be happy to collect it at discounted price 😋

How to estimate that amount, turbochart ?

Yummy yummy. Collect again when it falls below 40 cents 😋

Probably got. Wait Aug or Sep

Another round of buying in 😀 The company will continue to make profits

Bank Negara Malaysia (BNM) has required insurance and takaful operators (ITOs) to begin providing a co-payment option for their medical and health insurance and takaful (MHIT) products by September this year.

https://www.nst.com.my/news/nation/2024/07/1073065/bnms-co-payment-rule-insurance-providers