DUFU just sharesplit but KOBAY still dropping. Why management dw add liquidity

if didnt con tiok u why so pissed, none of ur business ma Ah Sir ^^ so many good counters out thr, if serba is not ur cup of tea juz move on , cheers yo ~

shud be around 20 this month the date of release for QR? based on the previous pattern for releasing QRs la

heavy selling and heavy buying, see who win tug-of-war oh

now just wait to see QR je, if bad result mmg gonna go south lo, even with good fundamentals, that gearing ratio would be too much to carry tbh, but if ok/ good QR, continue farm and wait to go north

1.6 was true since a month ago chilla xD

yeah QR will be key

months ago ppl were still calling this a con stock lol

@devil it is, but thing is no matter whichever company, you cant know 100% about all the details, unless u r the management. These are times when u hav to determine whether the risk is worth it or not, and if u take it, its bcuz u trust the management. In the case of serbadk, will karim as a major shareholder want the contract to screw up? Of course not, so it is "assumed" that he as prt of the management took necessary to steps to ascertain things "should" run ok, but alas of course there is risk.

Tell me one counter where there isnt risk xD. FD kot.

Here's an example, PTRANS has been getting ever increasing "project facilitation fees" from one sole company for many years. Info of the company cannot be found, and the shady background suggests that smtg fishy is going on, but other than that the fundamentals are good. Is it risky to invest in PTRANS then? Yes, still today it has alrdy rose to 26.5 sents from my initial investment of 17,17.5 and 18 cents.

At the end of the day, it's all self-measured risk based on fundamentals, the management and maybe the technicals of the counter. My 2 cents. Cheers

@Lucky Shark can push up ma, so many hidden hands in the market who knows for sure xD

came to know of this company when helping mom with her kitchen appliances on shopee. They are distributing for the brand "Morgan". Seemed nice, but after reading the AR, oof that is one ugly amount of debt.

hate to burst the bubble, but a conspiracy theory : they push up mother price so ppl holding warrant will convert to mother share? hmm xD

All the best everyone, I cleared my position to free up some cash. Thanks for the months of guidance, maybe ill return to this ctr again one day :D

giving chance to accumulate xD when fly hard to catch up dy

no... engine dah start ke? havent finish accumulating ...

@Ja last qr report was 20 May, so a guess would be some time during mid Aug?

8dragon eh back from bashing ptrans a? Dulu u say ptrans is a rubbish counter now flying wor. Yr modus operandi is going everywhr and bashing stocks isit xD

looking good

can convert in time ke? not familiar with warrants but I heard conversion can take up to 2 weeks time?

@lonewolf yes i am fully aware, and thats even better for me. Its a growth company that alrdy gives a considerable amount of dividend. When it grows even better in the future, thr are high chances that dividend yield will increase. By then the dividend yield could be above more than 10% based on my initial investment hehe. However, it must perform well in the future, but I hav vested my trust on its fundamentals. Price is ntg much now if u play the farmer strategy. Hunters however are evidently pissed at this counter xD

bcuz it still havent fly skyhigh, i can happily accumulate. ^.^ takkan i go accumulate overvalued but good fundamental stocks when i have cheap and good fundamental stocks like serbadk (and several others), plus if u invest long term, price fluctuations whether up or down doesnt matter hehe

better drop more for me to accumulate more, when i am old can happily reap high dividend yield xD

tksw mmg market maker xD

@bearish ya u can do that for fast money or u can accumulate counters in other potential sectors which will have upside when the healthcare + glove stock fever subsides. Anyways, our money, our choice.

okok thx for pointing tat out ^

well kpower and scib ARE aggresive growth stocks, they are new, they dun give dividends and are actively expanding, but this doesnt necessarily mean the directors arent focusing on serba. It's just one's emotions giving u that judgement. Kpower can try to push its sales on its goods, but serbadk cant do likewise. It needs time to finish construction projects and maintenance contracts, and even develop IT solutions, while SCIB is benefitting from alleged news on future Sarawak construction projects

if close at 0.215 will be a star ... if close 0.220, might still have show lol

If so, when the glove trend is over, sebadk will...? Gud luck btw @GooShenNo1Fan

I looked at 4 hrs graph, gt selling signal ke? Im not optimistic that itll fly all the way to TP 0.41, but looking at fundamentals, shud be able to challenge old resistance 0.245, hopefully lmao

this is bcuz apart than existing revenue streams, the new terminal can grow its revenue flow by renting out its shoplots and advertisement sites, and the terminal business has a high barrier of entry so ptrans is still effectively the only bus terminal company in Perak (hmm but dunno gomen will do anything abt this or not) and the new mining business sounds good

@green riteeee

LMAO not that much la small budding retail investor je HAHAHAHA

I see. My apologies. Hopefully some good news.

haha hopefully @dixon19, best to accumulate by batch barh

I dont see any announcement on bursa's offical website, althou I am a shareholder, I would also not like my shares prices to hike due to false news bruh, or am i missing smtg?

probably have to wait till Aug for QR results ... only then we will have a show LMAO HAHAHAH

也许吧， btw Awang 清仓了吗? xD

im still holding mine, didnt let it go any during last price hike up, hold dulu :)

smtg fishy going on... hopefully wont 昙花一现 lol

还真的是呢，起飞后也许不是你我高攀得起的了

I think... Magni has had much to gain from Nike's online sales in China xD funny but true, can find news articles on this, but it also leads me to wonder... will China-USA relations change this?

Prime Minister want announce wat o

hmm yes ... the debt shud be the 2billion funds raised from sukuk + others, cash flow is still positive though, especially from operating activities, shudnt be a big problem to clear the debt in the years to come, although your worry is indeed noteworthy

@Kon Lim Chai its just used as a reference to have a better vision of a range of reasonable prices, especially useful if u play it safe, since u can impose heavy discount rates to reflect a bad economy ahead, many investors use it. Just bcuz it doesnt work for u doesnt mean it doesnt work for others.

@Bearish doubtful, if u study the graph, u can see that the lows during the dips of serbadk prices have been increasingly higher than the previous 1 before it. This suggests that there is a rejection of low prices.

@bullrun1985 do share details

I AM slightly worried of the gearing thou, especially after pp and sukuk, if the EPCC contracts go haywire, the financial position of the company would become from good to worrying. Hav to trust the management on this 1

Yes yes mr rkg i agree wif u that if crude oil prices remain low over long periods, there will still be effects on serbadk. On a side note, maintenance works are under opex not capex (but both are slashed so meh), Still, crude oil drill rigs will not stop operating. They can only afford to cut down on production so maintenance is always needed, but yeah if things go bad over a prolonged period, maybe their customers will ask for "discounts", postpone payments or even default.

Still, do bear in mind that repair and maintenance works are not merely confined to crude oil related machinery. LNG price have been relatively safe so far, and maintenance works have been done unto petrochemical manufacturing plants, power plants, water & utility plants etc. so far. And the EPCC works in the orderbook are majority unrelated to the O&G sector.

I dunno, I stand to be corrected, but in my opinion, Serbadk shud be the most recession-proof oil and gas company out of the many, due to its nature of reaping recurring profits (maintenance, utilities, asset ownership model), and will increasing become so as it ventures into IT and reduces its reliance on the oil & gas sector. It is why I chose serbadk as my long term investment target.

But then I could be wrong, which is why I am open to your comments, hope this sheds some insight on the company, and perhaps i can hear differing views for me to make wiser decisions too. Thx.

maybe bcuz UTAR wanna reopen dy kot

Actually I get hella confused when u guys keep saying that serbadk has something to gain or lose from crude oil price fluctuations. Bcuz after reading the 2019 annual report, their main revenue is from maintenance works, then EPCC, then a growing IT solutions segment and utilities segment. Maintenance works will go on no matter the circumstances, unless the oil and gas sector is in a bad shape for say 5yrs, then maybe all the upstream gas giants will be forced to cut down on maintenance costs since they will be in a tight situation, but revenue for serbadk will still be thr. Conversely, if the crude oil price goes ka-boom one day, it wont benefit serbadk either, although thr might be minor spillovers in the form of more green and brown oil and gas contracts up for grabs.

My 2 cents is that this is no counter for traders, there will be no external stimuli that can cause its price to skyrocket, not even news on new contracts entered into (maybe just a small temp boost at most) since it takes time for the contracts to be completed. However, in the long run, if the company is managed well, maintenance can continually churn in more income if not more when the sector gets better, while EPCC generates more income from the asset ownership model into a very strong and stable sector - utilities (globally too), plus a booming income from IT solutions. It will grow damn slow, but will grow damn strong, like Dialog, but with less emphasis on the volatile oil and gas sector in the future.

why? is glove counters slowing so u have to come to other counters to ask investor join u to push gloves stocks? xD

nt too much to be able to chg headwind, still accumulating