SERN KOU RESOURCES BHD

KLSE (MYR): SERNKOU (7180)

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Last Price

0.855

Today's Change

-0.005 (0.58%)

Day's Change

0.845 - 0.855

Trading Volume

4,900


5 people like this.

3,692 comment(s). Last comment by winetime 20 hours ago

sell

2,457 posts

Posted by sell > 2019-08-08 01:51 | Report Abuse

No more cheap. <45 sen can consider.

kelvin17

565 posts

Posted by kelvin17 > 2019-08-08 13:25 | Report Abuse

Sell , 56 sen is still cheap very soon no more available , you can see the volume is picking up and thats a good sign ...

AndK

208 posts

Posted by AndK > 2019-08-08 22:46 | Report Abuse

Agree with Kelvin. Bought at 0.550 previously.

kelvin17

565 posts

Posted by kelvin17 > 2019-08-15 20:20 | Report Abuse

look like this is the the end of Sernkou woo ha ... volume going back to zero ....Aoiyo

AndK

208 posts

Posted by AndK > 2019-08-22 23:24 | Report Abuse

Soon to break 0.60 before quarter report release.

calvinteo

330 posts

Posted by calvinteo > 2019-08-26 23:34 | Report Abuse

kelvin17/ Andk- my findings:-

3 majors’ announcement recently: -
a) Disposal of all shares by CIMB Commerce Trustee Berhad for Kenanga Growth Fund
b) New shareholder with 10.122% stake purchased by Mr Koh Poh Seng (founder and major shareholder for KPSCB), with similar nature of business.
c) Appointment of new young Executive Director.

From early July to 23rd July, Sernkou’s closing price was drop from 49.5 Sen to 44.5 Sen. However, it closing price rebound from 24th July to 23rd August, traded from 54 Sen to 59 Sen and closed at highest price at 59 Sen last Friday. Today closing price is 58.5 Sen despite DJI drop 623 pts last Friday.

After completion of their two factories acquisition located at Gua Musang (17 acres- 100% occupancy) & Kuala Krai (30 acres- 30% occupancy) respectively, believe kiln drying & sawmill and plywood production seems to be another potential segment to enhance company growth and profit on top of their other positive contribution segments from manufacturing, processing & trading.

Anticipate PAT for the total financial year 30th June 2019 should be much better than financial year 30th June 2018 (PAT at RM 11.824M) in line with better demand, strong USD currency, trade war, efficiency, productively, QA & QC etc.

Also, chart indicated a good uptrend signal and IMO should be above 64 Sen.

Patient shall be the key factor to invest for this turn around company, as similar to my recommendation to buy Yinson on early Feb/ March 19.

Note: invest and or trade at your own risk.

kelvin17

565 posts

Posted by kelvin17 > 2019-08-27 20:20 | Report Abuse

TQ calvinteo for the analysis n look promising but many sellers but few buyers a little off balance . unless more buyers come in than is a different story. It just need a stronger push than this stock can fly with such a good performance and generating increase profit which not many company can do

The_Reds

2,025 posts

Posted by The_Reds > 2019-08-27 21:40 | Report Abuse

if u follow and monitor the daily transaction since 24th July, then u will find something...

AndK

208 posts

Posted by AndK > 2019-08-28 19:37 | Report Abuse

Quarterly rpt on consolidated results for the financial period ended 30/06/2019 | https://www.klsescreener.com/v2/announcements/view/29105294

High revenue + profit earned

kelvin17

565 posts

Posted by kelvin17 > 2019-08-29 12:11 | Report Abuse

Strange counter PBT improved by almost 40% consider fantastic result but share price dropping ??

AndK

208 posts

Posted by AndK > 2019-08-29 21:45 | Report Abuse

I also very disappointing with its today performance, I rather it stagnant than dropping.

AndK

208 posts

Posted by AndK > 2019-09-12 19:27 | Report Abuse

This share currently is like brewing, sooner will spike to the sky

AndK

208 posts

Posted by AndK > 2019-09-12 22:31 | Report Abuse

https://www.klsescreener.com/v2/news/view/578108

Malaysia furniture is selling good at US due to trade war.

The_Reds

2,025 posts

Posted by The_Reds > 2019-09-13 15:38 | Report Abuse

finally it's moving...

pat1961

17 posts

Posted by pat1961 > 2019-09-13 20:01 | Report Abuse

Cannot go wrong with this counter. Nothing beats good results

kelvin17

565 posts

Posted by kelvin17 > 2019-09-13 21:05 | Report Abuse

pat1961 you are right you can't hide if the result is so good , sooner or later they will discover it and up it goes ...hope they have the momentum to keep it moving , once the confident level is achieved it will be easy sailing all the way ...

AndK

208 posts

Posted by AndK > 2019-09-17 07:41 | Report Abuse

https://www.klsescreener.com/v2/news/view/578914

Sooner all the furniture related share will be in focus.

calvinteo

330 posts

Posted by calvinteo > 2019-09-17 11:21 | Report Abuse

Today hit 63 sen.

kelvin17

565 posts

Posted by kelvin17 > 2019-09-18 10:07 | Report Abuse

sernkou style slowly old man method , unless some fund come to sapu than everybody start to chase ...

The_Reds

2,025 posts

Posted by The_Reds > 2019-09-18 11:25 | Report Abuse

I like it this way...slow and steady...let the volume build up gradually

AndK

208 posts

Posted by AndK > 2019-09-18 15:38 | Report Abuse

Broke 52 weeks highest price

The_Reds

2,025 posts

Posted by The_Reds > 2019-09-18 17:17 | Report Abuse

strong momentum...just ride with the wave

pat1961

17 posts

Posted by pat1961 > 2019-09-18 18:24 | Report Abuse

Set for a big run

calvinteo

330 posts

Posted by calvinteo > 2019-09-18 18:32 | Report Abuse

Great. Likely Ambank target price to achieve soon..

kelvin17

565 posts

Posted by kelvin17 > 2019-09-18 18:32 | Report Abuse

Wa notice the warranty 200 lots parked at 0.29 to buy for long time no seller , look like W is also good buy , watch out with conversion at 0.4 is too attractive to ignore ...

AndK

208 posts

Posted by AndK > 2019-09-19 14:31 | Report Abuse

Consolidating now after up so much.

The_Reds

2,025 posts

Posted by The_Reds > 2019-09-23 15:00 | Report Abuse

momentum intact, uptrend intact, everything is just nice...

kelvin17

565 posts

Posted by kelvin17 > 2019-09-23 15:19 | Report Abuse

good show ! watch out for warrant ....

calvinteo

330 posts

Posted by calvinteo > 2019-09-23 20:24 | Report Abuse

New HIGH. Hope can hit above 70 sen soon.

Trade and or Invest at your own risk,

The_Reds

2,025 posts

Posted by The_Reds > 2019-09-24 16:58 | Report Abuse

close firmly above 0.700...good job!!!

calvinteo

330 posts

Posted by calvinteo > 2019-09-24 17:49 | Report Abuse

IMO with mother price uptrend, soon WA too.

Trade and or invest at your own risk.

The_Reds

2,025 posts

Posted by The_Reds > 2019-09-27 18:43 | Report Abuse

Music still playing non stop...damn scary

AndK

208 posts

Posted by AndK > 2019-10-02 09:56 | Report Abuse

Buying opportunity is coming..

kelvin17

565 posts

Posted by kelvin17 > 2019-10-02 11:15 | Report Abuse

wa sleeping giant has woke up , dont be scary ...

AndK

208 posts

Posted by AndK > 2019-10-04 08:58 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR KOH POH SENG | https://www.klsescreener.com/v2/announcements/view/29122160

KPS keep acquiring the shares. Something good is coming?

AndK

208 posts

Posted by AndK > 2019-10-10 07:43 | Report Abuse

OTHERS | https://www.klsescreener.com/v2/announcements/view/29124916

Propose adoption of new constitution company.

AndK

208 posts

Posted by AndK > 2019-10-11 08:56 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR KOH POH SENG | https://www.klsescreener.com/v2/announcements/view/29125470

kelvin17

565 posts

Posted by kelvin17 > 2019-10-14 17:04 | Report Abuse

consolidation phase ending and well taken care off , we may see new level of sernkou soon ...

The_Reds

2,025 posts

Posted by The_Reds > 2019-10-14 17:05 | Report Abuse

buy before it breaks new high again...just close eyes and buy

AndK

208 posts

Posted by AndK > 2019-10-14 22:01 | Report Abuse

Anyone have opinion regards to new company adoption?

calvinteo

330 posts

Posted by calvinteo > 2019-10-15 19:10 | Report Abuse

Great.
New record high.

AndK

208 posts

Posted by AndK > 2019-10-15 22:19 | Report Abuse

Breakout with highest record of volume since August this year. Possibility of price go up further is very high.

The_Reds

2,025 posts

Posted by The_Reds > 2019-10-15 22:57 | Report Abuse

Just close eyes and buy...now entering phase 2 of uptrend...I'm anticipating a corporate exercise announcement soon

calvinteo

330 posts

Posted by calvinteo > 2019-10-20 20:21 | Report Abuse

Magnum also like this counter....

AndK

208 posts

Posted by AndK > 2019-10-21 15:40 | Report Abuse

Why relate this with magnum?

The_Reds

2,025 posts

Posted by The_Reds > 2019-10-21 20:22 | Report Abuse

a bit too fast too furious...might retrace this week before heading towards RM1.00

6257

1,650 posts

Posted by 6257 > 2019-10-23 12:27 | Report Abuse

Today can close@0.955?

AndK

208 posts

Posted by AndK > 2019-10-23 13:35 | Report Abuse

Might b higher as volume building up before noon closing.

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