Wow. There's huge trading value amounted RM28,520.00 at 62 cents there. Big player coming in?

wow. you are right, ElizaWong.
I think Mestron will hang firmly at 0.395/0.400

best time to accumulate is when it's at discounted and cheap ; ) Then enjoy good return when it flies high

Buying steam will comes back to furniture sector eventually

Rm3 is a bit high for Tguan's TP as for now

As I predicted, Sernkou moves up today ; )
But it's undeniable that the furniture industry is slowing down currently, but I am sure this company will turn into a black horse when the furniture market peaks again.

What a great momentum Tguan is having this week. Uptrend coming?

don't worrry, I am pretty sure Sernkou will move up tomorrow

Conversion of their warrants is still in process, and it's more than 1 million units of shares

https://klse.i3investor.com/web/announcement/detail/1763033

@DickyMe. Yup, their management is one of the issues as well...

Worry less, furniture is cyclical and the business will turn to black horse for sure

Thanks for sharing, Phoebe. Good thing Tguan is going up instead recently

I guess probably they bought via over the counter or direct business transaction ba...

Probably need to ask their management about that during this upcoming AGM...

Speaking of furniture event, this export furniture exhibition (EFE), which was organized a week ago, enabled to escalate the furniture sales as well.

http://www.efe.my/

As we approach the third month of the new 2023 year, the Group has experienced a steady accumulation of orders for its plastic products in tandem with the gradual increase of plastic prices since January 2023. These orders are anticipated to increase the sales volume for financial year 2023. In addition, the Group is optimistic about the full operations of its three new European blown film lines and 2 newly commissioned premium stretch films lines.

Prospect given by Tguan in its Q4FY2022

@whaleing. Its distributors will participate I guess. I know Sernkou is mostly doing export, but Malaysia market also can help them to generate good revenue

Not yet. wait a good price to sell

Upcoming Furniture Fairs at Sunway Pyramid on 17 to 19 March

https://my-home.com.my/?gclid=CjwKCAjw_MqgBhAGEiwAnYOAeq6ZpZEpxcwQ_W81JWjHC2_nhUX8jMmt7qat6JArJN15kj2U4OAXoBoC-6sQAvD_BwE

This year really is a bad year for insurance company...

Just notice that Mr. Loo had been disposing his shares continuously. Is he going to step down or something?

Cash is king now so that can be greedy when market is crashing

Today's KLCI plunge to 1397 something... Quite a free fall. March 2020 once again?

Ya...better don't simply goreng stocks right now

If hit 60 cents, then it's a good opportunity to accumulate. It's a good company and has prudent management

Bad market sentiment...next average down price is RM1.80 if market crash

plus, the director disposed only 50k units of shares in his hands which worth approx RM33k according to the announcement on 6 Mar and 9 Mar. Small case, dude

Don't worry. Got seller sure got buyer / buyers and Sernkou didn't plunge even markets are in red

Tough year for insurance company...

Engine slowly heating up again

Get it at RM2.22 instead. Haha. Don't wanna wait alrdy for RM2.20

Strong USD supposed to be benefit Sernkou. Let's see about that

It's coming. Give me RM2.20 tomorrow

Don't forget the expansion of upstream business which allow Sernkou to improve its gross profit margin

Don't know BN will surprise market or not by raising rate instead

https://www.thestar.com.my/business/business-news/2023/03/06/central-bank-forecast-to-hold-opr-steady

I believe Sernkou will have splendid performance in its Q3

Still got chance when BNM announce latest OPR I guess

plus yesterday was the last day to trade Sernkou's warrants in open market. Appear to have less chances to get it at 66 cents there after that

Their warrants are suspended from trading today by the way...

Privatize takaful? Maybank gonna buy them?

MIFF furniture fair is still ongoing. Sernkou's revenue in Q3 sure will be enhanced

Definitely will impact their cost and mostly they will transfer the cost to their consumers by increasing the selling price

wow. Their director and substantial shareholders were disposing...Left hand change right hand?

Still declared 2.25 cents dividend nevertheless. I guess can get cheaper than RM2.20 for the share price

@triplex3mob. Wait for them to post pictures or videos on their official website then XD

I thought the end of the month was supposed to be a shopping spree...

their revenue for processing and trading wood was still looking good in terms of YoY which means that the demand for tropical wood's still high

Got inventory written off amounting to approx RM6 million due to fire incident in their q2

@AqsadMohamad. Good for you. Now many IBs rise its targeted price alrdy

Different case like Serba.... This is civil war.