Buy on dips, zoom and HCM solutions are really fast growing sectors.

short term fluctuation is inconsequential when you have holding power.

just buy with cash, don't play margin, don't play contra. buy and hold.

the biggest worry of the market is kpower difficult to get financing for the solar power project it recently won.

but just remb there's RM100m+ cash on balance sheet + RM7m divestment cashflow from UK student accommodation non-core asset.

Anyway, just wait for QR out for share price to shoot up. Market always fearful before they see actual numbers, don't want to go in when it's low, but after QR is out, price shoots up, people want to chase. That's why, only a small handful of people that are brave will make the most $.

before QR below 0.8, day after QR 0.85-0.90, 1 week after QR close to RM1.
my prediction - could be wrong, but also could be right.

irrational selldown by investors just because of same shareholder karim.
looking at this objectively, let's start with the negative impact on that - karim's reputation takes a hit, banks and capital markets less likely to support Kpower's financing needs for expansion. however kpower has RM100+m of cash on balance sheet and recently divested non-core student residences asset in the UK for a further RM7m. so working capital needs for the solar project won recently should not be an issue.

BUT, as we all know that kpower has a separate management, separate auditor and karim does not run the business at all. the selldown from RM2+ to RM0.70 almost 70% drop really has not much rationale other than irrational fear and association.

Some investors point out that Kpower has strong profit but low cashflow. if you look at their CFS, the cashflow is mainly dragged down by the increase in receivables. But this is very normal for a business that increased its revenue 4-5x over the same period - more working capital and capex is needed to support expansion.

I wouldn't touch serba so much until more clarity on independent review, but for kpower - there's no problems at all. other investors irrational fear means arbitrage for me to make $.

just my 2 cents, tq.

bought 0.775 and 0.78, will continue to acquire bit by bit until quarterly results released.
2018, 2019, 2020 quarterly results all released within last 10 days of August.
So QR either end of today, or end of Monday.

next quarterly results will be out soon, quarterly revenue and earnings will skyrocket on a YoY basis. once investors see these encouraging results, share price will trend back closer to RM1.
move fast.

very safe level to enter now at 1.97.
the additional contribution from workers hostel + mobile vaccination programme + mysafetravels government programme will start to contribute strongly from next quarterly onwards.
plus it's now 10+% discount from 2.2 earlier.
buy and hold, wait for rocket spike.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3114814

look at KWAP, sell shares in open market at higher price, subscribe to private placement at discount RM1.80.

clap clap, small shareholders screwed.

Seems like a jinx with illogical manipulation. Every time I call a buy it goes the opposite way. Ok then by this logic, strong sell! Lol.

Based on past trends, EPF is likely to step in to support today.

Oil price remains stable above US$50, and will continue to trend up strongly over the next 3-6 months. Very safe recovery bet given that vaccines have been approved and will be rolled out, boosting global demand.

Global stocks going to be strong green today. Oil price +1.5%.

Tomorrow rally is possible.

Oil price +1.5%, vaccine out, stimulus soon, brexit trade deal renewed hope

= Serba down.

Befuddled rofl

It will come when you least expect it.

Bought more at 1.75. Thank you.

And then suddenly at 4pm, rush towards 1.80

Manipulation, what else? Lol

https://oilprice.com/
Brent strongly up today.

The PP is mainly to fund growing EPCC projects that will contribute 2.3 billion revenue x 4 years = 9.2 billion. The revenue and earnings growth will be incredible.

Now that vaccine is out, the construction timeline may even be more optimistic.

Strong buy with TP of 2.50 in 3-6 months.

Let’s see how long this manipulation can last :)

The only reason that it can’t go up might have to do with manipulation to artificially keep the price Low so that PP can be done at a lower price.

If that’s the case, it’s a true market manipulation and has to be investigated.

Rebounding and trending back to 1.80 now.
Oil price is getting stronger.
What are you waiting for?

Sorry for those that panic sold this morning.

the company will recognize revenue from the new EPCC contracts (RM7.7bn + RM1.5bn) in 2021. The EPCC contracts are over 4 years, so at least they will recognize 25% of it next year.

That means at least RM2.25billion revenue growth. That's 50% higher than this year.

What do you think? ;)

i feel sorry for those who panic sold at 1.74 this morning.
DO NOT PANIC SELL.

it's extremely irrational based on the flurry of positive news over the weekend, O&G one of the strongest recovery segment went down. Obviously market manipulation.

But don't worry, the fundamentals of this stock is so strong with strong balance sheet, 1.1 billion cash and earnings growth potential. What's there to be afraid of?

The manipulators will all die when then fundamentals correct the market price.

now it's going to rebound, the panic seller earlier will become panic buyer. lol.

Think based on logic and fundamentals. Not sentiment and panic selling for no reason at all.
When people panic sell, you panic buy. That's the only way to make $ in the long term.
let the panic sellers lose $.

Lots of market manipulation on this stock though from the looks of it, but market manipulators can't afford to stay on long when fundamentals correct the price.

and from all metrics, it's going to go strongly up with the oil demand recovery.

There is absolutely no reason why the price should go down apart from manipulation.

it depends on the price in Q12020, you'll never know. it's going to be priced at 5 day VWAP on the price setting day based on the announcement.

and in Q12020 - the oil price would be in excess of US$55 after vaccines roll out.

Relax, buy on dips. It's obviously panic selling in the morning for no good reason at all.
Completely illogical, but that's how you make profit. Be greedy when others are fearful (for illogical reasons).

1) US FDA and CDC approved vaccine. This is a historical turnaround because US is the largest consumer of oil in the world. and other countries will follow suit very shortly because they just rely on FDA.

2) Brexit trade talks improved and a deal is likely by the end of this week.

3) US stimulus outline out today. It's definitely going to pass before christmas.

4) ECB announced another US$500bn bond buying last week.

All of these good news have not been priced in, because Malaysia market.

Go in now, downside risk is extremely limited.

The solarvest and samaiden speculators are selling down, expect them to rotate into O&G shortly. 4pm onwards might have strong movements.

1.82, 1.83, 1.84 will all be eaten up soon. And then face off with 1.85, once that is cleared, we’ll move towards 1.90.

1.81 eaten. 1.82 soon. Go in quick. Once the 1.85 block is cleared, it will shoot towards 1.90. By next Monday afternoon after us fda vaccine, we are looking at 2+ again.

Last chance!

1.81 will be eaten very soon. 1.82+ going fast too. Jump in quick before us fda vaccine starts in the US and oil price will jump ferociously. Last chance this afternoon. The earlier the better.

It’s really at a great entry price now with around 10-11x PE, and Karim can see the potential that’s why he wants to participate in 1/3 of the private placement. He needs to fork out over RM150m to subscribe, this is no small sum, and I would say an extremely strong vote of confidence on the prospects of the company.

He basically is increasing his skin in the game, which is a strong positive in alignment of interest.

UK, Canada, Bahrain has approved the Pfizer vaccine. US expected to approve in the next 24-48 hours after fda A+ report card on Pfizer vaccine, and overwhelmingly positive recommendation from independent vaccine panel experts.

This is a historic turning point of the pandemic, as it will be over in 3-6 months. Once 20-30% of the population is vaccinated, the infection case will start to come down and recovery stocks will rally like crazy.

With this huge recovery potential, supported by a strong balance sheet and good earnings growth potential, serba is one of the brightest spot in the industry.

Brent price has now crossed USD50 per barrel, and once the us vaccination start this weekend after fda approval, O&G recovery stocks will shoot through the roof. And banks stocks too. The banks have started to rally strongly, and there’s still a lot of headroom for recovery for O&G when oil demand normalises in a few months as more and more people receive vaccine.

This is not a maybe scenario. This is a guaranteed to happen scenario. There is nothing to worry about, and growth in 2021 will be stellar for Serba, with all funding in place for growth.

Another two stocks in O&G that are great would be yinson and armada. These 3 musketeers are going to rally so hard.

Don’t miss the boat!!

It’s from the contra force sell from Tuesday’s volume. But now that it’s done, the selling has stopped. What we are seeing now is that price is gradually creeping above 1.80.

In the afternoon, a stronger wave will come when speculators come to push up the price. Oil price is going to rise gradually to 55 after US starts vaccination + stimulus announce.

And then serba will break 2 bucks and trend to 2.2, then 2.5 in 3-6 months.

Very safe recovery play with Serba’s strong balance sheet, large cash holding, and high growth earnings potential with strong orderbook.

IBs don’t benefit from pushing down. They make a % fee based on the amount raised. So the higher the price, the better.

Contra force sell all completed by 11am.

It’s now time to fly. Each bid all the way up to 1.85 is easy kill.

Once the US starts vaccination, the global oil demand recovery timeline starts. In 3-6 months time, serba dinamik will be at 2.50.

Wait for the wave to come in the afternoon :)
Enter before it’s too late it’s at a great price now.

it's going to hit above 1.85 by the end of today.
the company's balance sheet is very strong compared to other O&G players, with an extremely strong order book.
earnings growth potential is very high next year.
with the vaccine approval in UK, canada, and US very shortly, it's a given that it will do well.

us fda committee recommends approval of vaccine.
oil demand is going to rebound strongly in 4-6 months.
the recent fund raise by Serba is necessary to avoid reliance on debt to fund working capital.
The earnings next year is going to explode once revenue recognition from the middle east projects kick in.
the largest shareholder has given his vote of confidence to subscribe at least 3% of the placement shares.

this is a real good sign.

FDA vaccine approval tomorrow. All O&G stocks will rally. Enter before it’s too late!

PE of more than 30 for this company is already overvalued. Don’t get caught up in the hype.

1.50 coming back. Take profit early while it’s still hot.

Solarvest is too overvalued currently. Pure speculation.

All they do is basic engineering and installation work. No proprietary technology or defensive competitive advantage.

But it’s still better than Samaiden.

It’s going to come crashing down once the party is over.

Don’t be the one without a chair when the music stops.

Haha, yeah, need to learn how to read the market pulse. It’s negative as mentioned for today. Just gotta be a bit more patient.

Those who haven’t entered, if you’re lucky, this might revisit 0.340 if poor sentiment extends to tomorrow.

But it doesn’t affect the 6 months prospect of the stock - it will definitely cross 0.45 when things go back to normal. So it’s all about market timing.

The core business is still very profitable. But I think it’s a very relationship, government dependent business. They tried to expand regionally but I think it’s difficult because most governments wouldn’t want citizen private data to be in the hands of a foreign company. That’s why they failed to expand meaningfully across ASEAN.

The management are entrepreneurial and try to capitalise on latest trends, that we can all acknowledge. MYEG has become something like a venture capitalist these days - they are raising $ to go into new ventures which they themselves have no core competency on.

So the returns on these new funds raised are questionable. It could be good, it could be bad.

MYEG is now a gambling stock more than ever.

Best of luck.

We also do not know about the pricing of the 3 year extension of the government e services contract. Given that the government is so tight for money now, it’s logical to assume that a discount would’ve been baked in to the contract, this we might see some margin compression going forward. But this is just speculation on my end.

Afternoon sentiment expected to continue remain negative. Speculators/day traders not advised to enter. Wait for the dip, chance to accumulate.