BURSA Broccoli

khuen | Joined since 2014-05-14

Investing Experience Advanced
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A remisier who is caring and helpful

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Stock

2022-08-25 20:25 | Report Abuse

Today announced bonus issue XD

Stock

2022-08-22 21:10 | Report Abuse

Agreed, cash surged to RM1.09/share.
If we buy now at RM1.41 means we are using RM0.32/share to buy a business that able to generate annual EPS of RM0.27/share (assume annual PAT of RM30mil).
Amazing cheap and we haven't take into account of the generous dividends yet.

Stock

2022-03-03 18:04 | Report Abuse

We cant control the price but we can control the risk by capital allocation, let it drop XD

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2022-02-25 11:06 | Report Abuse

Big sharks are selling down to wash away retailers in order to collect at lower price.

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2021-11-13 12:43 | Report Abuse

Trader = cut loss first and plan to buy at lower price hoping for a rebound
Condo retailer = hold and pray for rebound
Institutional fund = already cut major loss at RM0.70 and laughed by others previously
Net profit investor = holding some and happy to buy at lower price to average down
Cash flow investor = never invest in this company due to negative free cash flow every year

Who will be the final winner? Let's see this interesting drama.

Stock

2021-11-08 21:04 | Report Abuse

Deadline of annual report is 30/11/2021

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2021-11-08 15:16 | Report Abuse

more interesting than korean drama =)

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2021-10-26 14:22 | Report Abuse

It's a fact that they have never ever register positive cash flow even before IPO means they always fail to collect payments from clients for the work done.

If they manage to sail through this time, awaited scenario is dilution of shares arising from private placements or right issues from shareholders and this will keep diluting further in future.

Stock

2021-10-22 14:41 | Report Abuse

Yeah finally got new episode for SerbaDK, waited long time after appointment of new auditor =D

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2021-09-22 18:45 | Report Abuse

be patient, just like last time 1.20 dropped to 1.00 then bounced to highest of 2.00

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2021-09-20 09:32 | Report Abuse

its not another perisai based on borrowings and cash flow, i opine its another old day dayang

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2021-09-17 19:52 | Report Abuse

bad qr result as expected =D

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2021-09-15 21:28 | Report Abuse

Nowadays its common to close down factory temporarily due to Covid-19 infection.

Go read the Q&A during the AGM and you know the prospect remains bright.
https://malaysiastock.biz/Company-Announcement.aspx?id=1348329

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2021-09-10 15:07 | Report Abuse

Beacuse buyer is more than seller, that why it's up

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2021-09-10 13:47 | Report Abuse

finally break through the price on 20Aug2018 and 30Nov2017, now it's time to fill the gap to RM2.76.

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2021-09-06 18:43 | Report Abuse

Oct 2020 also UMA, look what is the price now =D

Stock

2021-09-03 21:36 | Report Abuse

@wallstreetrookie
Rhonema is still making profit while SCC isn't during pandemic, not to mention Rhonema revenue is doubled compared to SCC revenue.

@Analyser
Go read Rhonema annual report and you will know the exciting expansions ahead with sound balance sheet to support this growth.

Stock

2021-08-30 08:56 | Report Abuse

I don't know is it a good start or not but I know it's undervalue now. Hope it rewards our patience in future.

Stock

2021-08-30 08:43 | Report Abuse

@soon9913
FLBHD had been making consistent profits even with lower lumber prices in 2012-2018, not to say current lumber price is higher than previously.

@stockraider
I shared the same opinion as you.

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2021-08-28 20:45 | Report Abuse

I have top up and hold it for 9 months, hope it rewards my patience.

Stock

2021-08-27 15:49 | Report Abuse

With NTA of RM1.45, its definitely undervalued in terms of P/B but many exited after bad Q4 result. No doubt its earnings is unstable, but worth to hold based on P/B and cheap P/E.

Stock

2021-08-26 16:07 | Report Abuse

Wait bad qr result out and accumulate more if drop.

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2021-08-24 13:33 | Report Abuse

I can't remember all except the following:

1) production capacity fully utilized,
2) thailand expansion is for equipment which expected to increase 0.75x of existing capacity,
3) expect aerospace to recover pending vaccination progress,
4) total employees were vaccinated 60+% (Malaysia) and 80+% (Singapore),
5) able to pass additional costs to customers arising from hike in raw materials and freight prices,
6) supply test equipments to front end customers as well,
7) not affected by shortage of foreign labour and lockdown,
8) all customer pay on time with no delay during pandemic,
9) inventories increased 30+% yoy is for equipment business,
10) aerospace orderbook currently worth RM2.0+ billion with 10 years horizon,
11) not supplying products to LAM Research,
12) will expose to EV or battery if their customers divert into it.

Stock

2021-08-24 12:32 | Report Abuse

After attended today AGM, its very informative and I can sleep soundly every night.

Stock

2021-08-24 11:31 | Report Abuse

Just sold, not comfortable with its balance sheet and very poor cash flow.

Stock

2021-08-16 21:05 | Report Abuse

Bought at RM0.19, top up today at RM0.125. When will Perdana reward me? =D

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2021-08-11 23:58 | Report Abuse

Whatever auditor reports issued, we know for sure its lack of cash since IPO.
They will definitely raise money from shareholders via right issue, loan stocks & etc as banks and private investors will stay away.
Eventually enlarged of issued capital from above corporate exercise will dilute the so called "earnings" that without cash collection resulted share price to plummet!

Stock

2021-07-28 23:32 | Report Abuse

Stockwise, after I attended AGM, the conculsion was management is very good at their job. They are in expansion mode and you can invest money in their company and sleep soundly every night.

News & Blogs

2021-06-28 11:45 | Report Abuse

Cash flow never lie! Look at Serbadk since IPO then you will know fundamentally soild as stated by T20 is not justified!

Stock

2021-06-08 11:25 | Report Abuse

Serbadk can achieved profit growth yoy no matter how low the oil price, the most profitable O&G company in the world Saudi Aramco also unable to achieve what Serbadk did =D

Look at the cash flow before IPO till now then you know why value investor never touch this stock even the crowd earned alot previously.

What goes around comes around XD

Stock

2021-05-27 23:18 | Report Abuse

I was doubting myself when serbadk share price was rising since IPO, but due to the fact of its cash flow issue and management team previous track record, now I am glad I have never buy this stock.

Stock

2021-05-24 10:56 | Report Abuse

AGM highlights:
1) domestic sales are very encouraging but cannot confirm the effect of MCO 3.0 which may affect it temporarily,
2) export sales are also good but due to rising of ocean freight cost, some customers may delay the import for awhile,
3) sales derived from Cuckoo just started at end of March 2021 and target sale is 10k-14k mattresses in 2021,
4) even with rising of raw material costs, leesk able to pass it to customers,
5) acquired automation machines in 2020 which can increase capacity but pending foreign technician to fly over for commissioning,
6) bought 8 units of dormitories for foreign workers to comply ESG,
7) production is running at full capacity but MCO 3.0 limited 60% of workers may affect it in short term.

Stock

2021-05-21 20:04 | Report Abuse

accumulate today since everyone is selling at depressed price of RM0.115 =D

Stock

2021-05-18 18:57 | Report Abuse

thanks for sharing ruby20

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2021-05-18 09:27 | Report Abuse

nvm, its your loss for not buying

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2021-05-17 21:46 | Report Abuse

be greedy when everyone fearful, top up today and more

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2021-04-28 14:43 | Report Abuse

just read quarterly report prospect and u will know why the sell off is taking place

Stock

2021-02-12 10:28 | Report Abuse

The performance may be affected due to lack of raw materials, increase in freight's fees, lack of containers and competition from Indonesia. Nonetheless, with current price, it is indeed undervalue.

News & Blogs

2021-02-05 19:40 | Report Abuse

Market afraid unsustainable of abnormal profit margin of 50%, entry of many new players, depreciation of USD and major expansion by all player resulted oversupply.

Stock

2021-01-26 22:22 | Report Abuse

I am still wondering if now is the best time to enter this stock for turnaround? Any opinion? Risks are depletion of cash, PN17 status, dilution from right issues.

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2021-01-18 23:40 | Report Abuse

positive news were stated in the annual report, go find yourself XD

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2021-01-17 21:09 | Report Abuse

Good, construction sector is facing toughest headwinds now as mentioned above, what else can make it more worst? It's time to accumulate this undervalue fundamental sound company.

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2020-12-29 19:03 | Report Abuse

@CHHu, the answer is WHY NOT BOTH? =D

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2020-12-11 13:02 | Report Abuse

But Q3 PAT already RM3.8m which is equivalent to almost half of previous annual PAT.

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2020-12-11 12:54 | Report Abuse

Based on cimb report on 11/12/2020, from collaboration with cuckoo, leesk anticipates to generate revenue of RM100m for 3 years which translated to RM33m a year, so additional PAT will be around RM2.6m (8% margin). If compared to previous annual PAT of RM6m - RM8m, it's an increased of 32% - 43% per annum!

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2020-12-10 15:44 | Report Abuse

share price is in the path of reflecting its value, how high can it go?

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