can buy, price should go up on ipo day, then keep for div... 30% of pat. apparently, their services are stretchable to other sectors also instead of just O&G
Yea, agreed with you @moneyseeker. Serba managed to increase revenue and profits by more than 150% in 2015 from 2013 even though oil price was declining globally. Serba definitely a go.
Moneyseeker is right. However, if majority of the people are still scared of O&G counters, it may end up undersubscribe and below IPO opening price. The volatility of the oil price in the near future is really worrying. Think twice before subscribing.
Lot of Institutions do not want to subscribe to another O & G stocks.They had enough and still stuck with pre 2015 price. They do not have mandate to invest in this sectors....they can't have too big exposure in one particular sector. I think will have hard time to push... plus too big issuing...for now.
Heard that KIP is only oversubscribed by 5x? I applied to Serba I think more worth while from long term perspective. Maintenance services market could be relatively more stable/less volatile compared with property market
wa this UMNO kaki so panai....last week baru created one official website haha. Matang MCA kaki ady raised fund with 0.13 offering price....UMNO kaki now raise fund with offering price 1.50 (wow...the gap of MCA and UMNO so big leh haha) Both raise fund for election purpose :D Hope that you guys can get the return from the operating of election hahahhahhaha
Author: moneyKing | Publish Date: 18 Jan 2017, 9:16 AM
By theedgemarkets.com / theedgemarkets.com | January 18, 2017 : 9:00 AM MYT
KUALA LUMPUR (Jan 18): Public IB Research has valued Main Market-bound Serba Dinamik Holdings Berhad (Serba Dinamik) at RM2.05, pegged to an 11.0x PE multiple, based on our FY17F EPS of 18.6 sen.
In a note today, the research house said Serba Dinamik’s main activities include operations and maintenance (O&M) services and engineering, procurement, construction and commissioning (EPCC) works.
“Going forward, we expect growth to be driven mainly by its core activities, focusing on international markets such as the Middle East regions while leveraging on its expertise to expand into the power generation sector as an asset owner, contractor and operator.
“We are therefore valuing Serba Dinamik with a fair value of RM2.05 pegged to an 11.0x PE multiple, based on our FY17F EPS of 18.6sen.
in fact, this Serba IPO reminds me of Bplant IPO at 1.60 2 years ago. Bplant was also very highly promoted by the IB, then on listing day, it opened and closed at a small premium to IPO. then 2nd day onwards, it went below IPO price dropped to about 1.40. Only this year, Bplant is above IPO price.
Then must support him. If checked last year all main board IPO give good return.
Posted by Contender > Feb 8, 2017 11:30 AM | Report Abuse Mohd Fahmi Bin Jaes every other post also one word SELL" but över here heavily promoting SerbaDK.
Dont any of you realize that the latest Q result is not 3 month but 4 month results? Nothing fantastic at all about the results. Whats the diff only 1 extra month counted you might ask. 1/3 more is 33% difference...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
moneyseeker
5 posts
Posted by moneyseeker > 2017-01-03 11:56 | Report Abuse
can buy, price should go up on ipo day, then keep for div... 30% of pat. apparently, their services are stretchable to other sectors also instead of just O&G