Rumors are flying that FED will increase the rate next month, hopefully good news will be announce later tonight

stable at RM 0.70, will hit RM 1 really soon with the right timing and news

Uncle Kyy spreading word of "wisdom"

maybe you got chance, market slight correction today

Sernkou still under the spotlight, tide might change when QR is out

Dont worry, good results are expected, keep calm and collect more...

wait for a few weeks, US gonna announce something soon

Still got chance to get below RM 2.00?

tq for sharing, the writer is very knowledgeable about the company, learn quite a few things from the blog

Just a small correction, nothing special yet

continue moving downwards...

prudent management so far, still able to maintain company profitability.

Queue some below 0.70 if you plan to enter

play play can la, long term then better invest on other stuff la

Slow and steady win the race

all traders having an early break...

https://www.theedgemarkets.com/article/major-shipping-firm-sees-signs-supplychain-bottlenecks-easing

for sure this will benefit sernkou in someway, will see profit spiking in upcoming qr soon

Facebook pump and dump groups ? Link please

Bursa still got alot of hidden gem, you are pretty lucky

Good news are always welcome as long it benefit investors and the company

long term is always the play here

Now volume + momentum growing steadily everyday

@shavemyfurm the ship had set sail, maybe the ship will u turn?

0.80 will be the next support soon

In the end, good result will prove itself again and again

Bumpy movement recently, overall still ok

Woohoo, next week RM 4?

very big chance of breakout soon

same trend like last few weeks, end up closing near 0.80 range

momentum is strong, maybe can see support at 0.80 in next few weeks

2 - 2.50 is a steal, will keep for long term

we shall see, nobody can predict the future except the india kid :)

cheap price today, thanks seller

Take profit at 0.80, then buy more around 70-74

always good to take profit, glad to see SERNKOU hitting 0.80 although just a few hour

Good week for SERNKOU

Hitting 80 sen again, woohoo

good closing today :))

Will break RM 1 by this year, still a underlook company at current trend now

Maybe RM 3 for long term, for now need to break RM 1 first

Back to support level soon, prepare your bullets!

yes, oversell too much, probably those that buy in around 0.79 range cutting loss

small discount today, momentum still there

it will go down further after QR out

don't think sernkou are affected by flood

From the article: The research unit also notes that while flood-affected households will likely need to replace their damaged furniture, this will only have a marginal effect on the furniture companies it covers (Evergreen Fibreboard Bhd, Homeritz Corp Bhd, Lii Hen Industries Bhd and Heveaboard Bhd).

This is because these companies are export oriented and have less than 5% of their sales from the local market.

1 day show, better invest on other wood counter

Sern Kou – Strong Momentum for a Good Reason

Investment Keynotes:


Sern Kou is seeing a strong momentum in share price for the past 3 trading days, which is believed to be caused by anticipation of good earnings as well as strong USD-MYR trend, and every increase/(decrease) for 10% of USD will result in RM0.2/(RM0.2) million in PAT.

To recap, the company is principally involved in the midstream business of wood processing, as well as involvement in the downstream business of furniture manufacturing.

Due to strong backlog orders from furniture market, we expect strong demand coming in for its midstream business with circa 30% to 50% increment of processed wood prices.

Historically, the company tend to announce their quarterly results between 21st Feb to 25th Feb, and we believe investors are banking on their potential strong earnings in the coming quarter.

Based on our channel check with its peers, the downstream furniture manufacturing segment for Sern Kou is once again running in full capacity due uplifted restriction following the end of FMCO.

Key downside risks remain on downturn in wood demand, declining processed wood pricing as well as rising of minimal wages.

Should the company recover to pre-COVID level earnings, we foresee an even stronger price-volume action in the upcoming weeks.

Our technical TP is shouting a good entry point at RM0.785 level, with RM1.000 as key resistance.

SERNKOU still have the strongest play among the wood company in bursa

will reach RM 1.00 before Q3