The furniture business is cyclical, which means that the trend will come back in due time, so it is good timing to collect now, in my opinion, especially during its weak period

Become more cheaper today... Next average price would be RM2 then

Malaysian wood is favored for its durability, sustainability, and unique grain patterns. We will back to top ten list again

Ya.. Opportunity to collect it cheap

Nice sharing, Phoebe. Btw, I top up some @ 2.10 just now 😃

Looks like Sernkou close at 59 cents still today. Holding up strong apparently

EPF bought in again. It's unthinkable that it will drop to Rm2.40 lor

The compensation they received was on 30 June 2023 btw. Good cash flow for them 😁

Still got news. A few days ago, Sernkou had received and accepted an offer from the lead insurer, Lonpac Insurance Berhad, for the second and final fire insurance compensation payment of RM5,575,331.87 for factory building, machinery and equipment and inventories damages of which RM1,785,464.63 will be reimbursed subject to the completion of reinstatement of factory building

Buy on weakness. I guess Phoebe is applying that method

My Sifu said, "All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.” Sernkou is definitely one of those good companies

BUY for investment; BYE for trading TGUAN

Upstream + downstream business. This vertically integrated company won't disappoint one

In long run, then yes, got confidence

good, slowly heading towards 25 cents

That's correct, especially shares buyback from Mr. Low 😃

Nice catch at its current bottom price, Phoebe

Closing green before Hari Haji. Good sign

55 cents is an juicy price to enter, strong support there

Ya... Prepare bullet to average again when it touches 2.10

Why SEGI posted late for the MIFF event? ha. Good to be youth again

https://www.segi.edu.my/malaysian-international-furniture-fair-miff-2023/

Because now it's election mode, most of the stocks either consolidate or drop

Name changed. Will move higher than 21 cents soon

Huge trading volume today. Good news coming?

Lol. i think it will come back in 2024, just my view😃

No problem to accumulate good company. Investors will get a really good return one in long run

You will see tguan in what year, Markv572421?

wonder Sernkou is going to take part in that event in India as well ..

Then have to see the outcome of this upcoming state elections..

Rebound when closing ... Like you said, no one's selling at that price, triplex3mob. ha

Valued buy at 55 to 58 cents, but I will queue at 55 cents cents instead. hehe

Matched some at 2.19 this morning

Pretty sure Malaysian timbers will further be promoted internationally through the event

Almost fall through its 52 weeks low today...start queuing at there

Certain companies will stock up on timber and wood when the current selling price of lumber is dropping for the sake of lowering down their production cost

Plastic packaging industry is slowing down...but it's a good opportunity for accumulation to me😁

Way to boost up Malaysia's timber sales, can expect the industry will present good result in 2nd half of this year

Slow slow up is good enough during this kind of market condition

Good catch at 19.5 there. Now breaking 20 cents once again

Next week will have a rally after Malaysian Wood Expo 2023 I guess

Kenanga remains positive on the sector’s longer-term prospects btw as players have put in place fairly aggressive expansion plans to take advantage of the eroding competitiveness of their overseas rivals

no need today. Today alrdy close at 60 cents 😂

Come to notice that Mr Loo has been disposing his shares whereas Mr Low is acquiring...imminent retirement?

Nice, can set a short-term tp at Rm3.50 for this company

Trued, right now we wait patiently for good news from the company

Great. Last minute rebound back to 60 cents. Very nice play

Big difference for Big Funds. RM1 can mean Rm1 million or Rm10 million profit for them 😃

Wobbled economy currently but still can anticipate Sernkou to deliver good performance in the following quarter

Where got RM8 o? The highest price it hit was RM7 something la

Furniture industry has good outlook and worth waiting for the cycle to come