Posted by The_Reds > 2019-11-26 18:05 | Report Abuse

good QR released....thank god

Posted by The_Reds > 2019-11-26 18:06 | Report Abuse

but latest cash flow seems a bit worrying...hmmm

Posted by AndK > 2019-11-26 19:01 | Report Abuse

Could it be business expansion used?

Posted by Cakes Moon > 2019-11-26 19:08 | Report Abuse

Tomorrow up!

Posted by calvinteo > 2019-11-26 23:54 | Report Abuse

TQ The-Reds & AndK.

Surprise of good 1st QR result.

EPS reported= 2.56 sen, if annualised it = 4 x 2.56 sen = 10.24sen,
estimate PE= approx. 8.9 based on today closing price at 91sen.

OR another method of computation

1) Based on 1st QR reported PAT=RM 6.154M.
2) RM 6.154 times 4= RM 24.616M a year
3) Mkt Cap/ PAT= 230.584M/ 24.616M
FORWARD PER at 9.37X

Noticed less than a month duration, the total combined WA shares of 13.3897M WA has been subdivision of shares. It generate an extra conversion amounting to RM 5.356M.

IMO- the range of RM 24.616M a year probably/ may be achievable based on my own assumption that the main segment contribution from Klin Drying, Lamination & Sawmill & processing & manufacturing wood including China Lim co-partner in which their strong online order book on double 11 with RMB 980M cum new venture production for US export kitchen cabinet & warerobe business as cited in 9shares. Refer also to Prospects as stated in B3-1QR announced today.

All the above solely based on my own interpretation and assumption.
.
Trade and or invest at your own risk.

Posted by msart > 2019-11-27 07:42 | Report Abuse

Trading idea on 27/11/2019 - Sernkou at around 0.91. PER valuation looks expensive compare with its peers, however still can consider for short term investing. Longterm outlook-one in the watchlist.furniture exports are expected to rise-Primary Industries Ministry.
"Malaysia’s furniture exports are expected to rise 1% this year against RM7.79bil recorded in 2018 on the back of continued demand from customers despite global economic uncertainties, the Primary Industries Ministry said."

https://www.thestar.com.my/business/business-news/2019/11/26/kok-furniture-exports-to-rise-1-this-year#MyFvM6uJjVz1KlfK.99

Posted by AndK > 2019-11-28 18:17 | Report Abuse

Best ever quarter report but price move vice versa.

Posted by The_Reds > 2019-11-28 20:04 | Report Abuse

retailers selling but big guys still inside...

Posted by Aero1 > 2019-11-29 08:41 | Report Abuse

The_Reds retailers selling but big guys still inside...

Very true. Low volume. More to come.

Posted by kelvin17 > 2019-11-30 09:26 | Report Abuse

thats why share market is not easy game, when you expect it to move it remains unchanged or even lower , just got to wait....

Posted by AndK > 2019-12-02 15:10 | Report Abuse

Yes, really unpredictable. Today lower again, consolidation period could be ended soon.

Posted by The_Reds > 2019-12-03 17:06 | Report Abuse

2 days continuous thor hammer...the time is near

Posted by The_Reds > 2019-12-03 18:13 | Report Abuse

https://www.theedgemarkets.com/article/sern-kous-business-realignment-bears-fruit

article from The Edge about Sernkou

Posted by AndK > 2019-12-03 19:06 | Report Abuse

More fruits are awaiting us to harvest in future.

Posted by AndK > 2019-12-14 21:05 | Report Abuse

This chat room sound quiet when the share is not performing well.

Posted by The_Reds > 2019-12-15 13:33 | Report Abuse

I'm still here...no worry, we just wait

Posted by AndK > 2019-12-16 08:53 | Report Abuse

I like the sentence u wrote previously "just close eyes and buy". But this sentence no longer appear fr u, haha..

Posted by The_Reds > 2019-12-17 15:12 | Report Abuse

Haha, I only use this phrase when there is strong bullish uptrend...but now we duno how long is the consolidation gonna be...

Posted by AndK > 2019-12-23 18:40 | Report Abuse

This share really tested your patient, who can't withstand it will definitely miss out the fruits.

Posted by calvinteo > 2020-01-07 09:18 | Report Abuse

based on yesterday n morning movement, charts indicated a good sign of entry.
Really tested your patient.
Hope to harvest more fruits

Invest and or trade at your own risk.

Posted by AndK > 2020-01-07 09:30 | Report Abuse

Sernkou is back

Posted by The_Reds > 2020-01-07 10:47 | Report Abuse

the next big wave is here...

Posted by Aero1 > 2020-01-07 13:15 | Report Abuse

The next q result is going to add more momentum.

Posted by Aero1 > 2020-01-07 13:18 | Report Abuse

https://www.linshimuye.com

Posted by The_Reds > 2020-01-10 13:32 | Report Abuse

Hold ur position..more to come...

Posted by AndK > 2020-01-10 23:52 | Report Abuse

Just close eyes and buy. Grab your last chance before it sky rocket to 1.00.

Posted by john1102 > 2020-01-14 16:45 | Report Abuse

dead counter?

Posted by AndK > 2020-01-16 23:53 | Report Abuse

Is dead or gem? one day u will know..

Posted by The_Reds > 2020-01-17 08:29 | Report Abuse

Big volume accumulation and changing hand...just wait

Posted by AndK > 2020-01-22 13:48 | Report Abuse

No angpao from Sernkou for this CNY :(

Posted by AndK > 2020-01-31 19:28 | Report Abuse

Red sea with wave today. This room still quiet and calm. All is master level.

Posted by The_Reds > 2020-01-31 20:29 | Report Abuse

today chart shows oversold, but banker still in standby mode...it's ok, they can wait then we also can wait

Posted by AndK > 2020-02-03 21:15 | Report Abuse

Share oversold today as ppl start losing patient and confident on this counter. Main reason is still due to worries of Coronavirus outbreaks.

Posted by AndK > 2020-02-11 15:10 | Report Abuse

What is the anticipation of coming quarter report?

Posted by The_Reds > 2020-02-11 20:02 | Report Abuse

definitely better than last QR...then the price will break RM1.00

Posted by AndK > 2020-02-13 15:56 | Report Abuse

This share always lack of stimulation news to push the price up. Thus, the volume is deem low and hard to move. Share movement always based on quarterly result. Hopefully as what The Reds said, the coming report will surprise all of us to break through RM1.00 and even more.

Posted by AndK > 2020-02-16 01:19 | Report Abuse

Do you think any possibility of furniture supply to China increase due to many of factory closure in china?

Posted by Junz929 > 2020-02-20 15:18 | Report Abuse

when release quarter report??

Posted by The_Reds > 2020-02-20 18:43 | Report Abuse

Good result for the second consecutive quarter, all 3 bizness segment contribute positively with the kiln drying segment maintains as the major source of profit

Posted by The_Reds > 2020-02-20 18:44 | Report Abuse

AndK, they only supply to local market

Posted by AndK > 2020-02-20 18:58 | Report Abuse

I thought they got deal with China company linsymuye

Posted by calvinteo > 2020-02-20 23:34 | Report Abuse

Agreed. Q2- RM 6.173M vs Q1 RM 6.154M

Posted by DrJoel88 > 2020-02-21 08:27 | Report Abuse

Today naik from good QR?

Posted by calvinteo > 2020-02-21 11:19 | Report Abuse

IMO likely can hit 90 sen

Posted by AndK > 2020-02-21 14:49 | Report Abuse

Yes.. hit 90 sen highest today. More to come, at least break 52 weeks highest record 0.98.

Posted by The_Reds > 2020-02-21 15:13 | Report Abuse

banker in position, good QR, u just need a better market sentiment to push up further

Posted by kelvin17 > 2020-02-21 16:22 | Report Abuse

time to touch rm1 and beyond ...

Posted by AndK > 2020-02-24 13:37 | Report Abuse

A good report released at a very wrong timing.

Posted by kelvin17 > 2020-02-27 09:21 | Report Abuse

coming soon ! hold on to your horse

Posted by AndK > 2020-03-05 11:45 | Report Abuse

This share price staying at around 0.84 since previous two quarter reports released even though the result is good. When will the share awake?