Posted by probability > 2017-06-19 23:26 | Report Abuse

Thanks Chong...a lot of powerful information there.

Posted by Chong Jiunn Hau > 2017-06-19 23:32 | Report Abuse

you are welcome probability. those are the homework I had done so far. Hope you will find it useful.
;)

Posted by wonderlust33e > 2017-06-19 23:32 | Report Abuse

tp 1.50 8x PER. Not worth 11x.

Posted by probability > 2017-06-19 23:43 | Report Abuse

recurring income + potential growth deserve PE 15 minimum...

Posted by Chong Jiunn Hau > 2017-06-19 23:46 | Report Abuse

most of the research reports use 11x, some use 12x, I choose the lowest. Well the focus of this blog is to look at the risk to SERBADK, optimum FY18F P/E could be another topic to discuss. Of course you have the right to decide how much P/E is worth for this stock for yourself.

Posted by probability > 2017-06-19 23:49 | Report Abuse

simple logic:

(1) Only reason it dropped from super bullishness at 2.25 level was ..qatar

(2) The Operation & Maintenance contract is for their O&G operation which is the life-line of Qatar and the regional countries including UAE...

(3) Remember it all happened just because they supported another group outside which is perceived as terrorist by UAE and Saudi....

do u think Qatar will suicide for other terrorist group?
and do u think they still cant support them secretly while on the face agreeing to demands or so called passively as 'list of grievances' by Saudi....which they have yet to come up?

Come on...use common sense

Posted by comebackisreal > 2017-06-25 13:33 | Report Abuse

Taken profit based on TA. As the director alrd explained the Qatar case won't affect the company, in fact it would create more Biz opportunity for the company.
However, the price drop further , I think something might be happening.. .

Posted by VenFx > 2017-06-25 18:01 | Report Abuse

SERBADK has always in my radar.
tq Chong for the very useful info .

Posted by fortuneebullz > 2017-06-25 18:21 | Report Abuse

i think ur radar is faulty!

Posted by VenFx > 2017-06-25 18:26 | Report Abuse

Haiyo , its ok to be faulty lar ...