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.

Nice closing price today by the way. Good Q2 results leaked? hehe

Probably... based on their previous release date for Q4 results

No rush no rush. It will hit then break 70 cents after all their warrants are finished converting

Haha. Just macam macam only. Anyhow, let's hope there's a good budget tmr

Different people had different investment strategies as long as it made money. Normally I will choose to relax when invest in this fundamentally stable company : )

Is it gonna be a new FRS for insurance industry in revised Budget 2023?

Seems like still need to wait for the company to finish converting the warrant, then it will stand still at above 70 cents and more

Ya. Let's see got any subsidies / tax incentive or not in revised Budget 2023

Wow. Breaking 70 cents just now. Let's see if it is sustainable or not

On the way to RM2.20 before Q4 released?

Told ya. Can relax when invest in this fundamentally stable company. Just enjoy the scenery when it breaks out

What happened? Profit taking today?

Heavy warrant conversion that day, not due to selling pressure and Sernkou is moving up 6% less than a week

Let's see if it can achieve the results as per your estimation, AqsadMohamad

Both mother and warrant are moving up today. Something good is brewing I guess

Drop again today Tenaga XD

Expected Sernkou to breakout when Q2 results are released. Sit back and enjoy that scenery

ya...Tenaga back to RM10 again

That's right. With these efficient and prudent management, Sernkou sure will grow stronger and more stable in the future. Brace for it to move up high gradually

I guess packaging cost will increase sooner or later and it will be transferred the consumers ba

Lol. There's 3 million shares of warrant conversion today btw. That's why price slid 3% down. Continue to look bullish on this stock in long run

yup. Couldn't help but pray for the victims

Lol. How so, LeonardLiong? Thought Sernkou only busy on converting their warrants only

I believe USD will become stronger again due to rising of commodity price and high employment rate in services industries

Estimated they have decent gross profit margin as well since they had ventured into upstream business

Thanks for sharing , Phoebe. You have more than 15% paper gain in Tguan alrdy. Nice~
Then I look for RM2.20 to average ba if it really reached that price

It will be flying after March lor. Can make early preparation to collect before Sernkou moving up

Whenever there's natural disaster, Takaful will drop a bit...

Nice article you share there, 4dking777. Sernkou's warrant is trade at negative premium currently, so they can enjoy arbitrage profits immediately. Haha.
(Their warrant is going to expire next month btw)

By the way what's your good entry price for accumulating on Tguan, Phoebe?

The warrant conversion is still ongoing, but it appears to be nearly completed. Wait patiently for the moment to come, as Sernkou will break 70 cents for sure.

@Phoebe. Nice investment choice. Seems like your holding power is very strong as well