SERN KOU RESOURCES BHD

KLSE (MYR): SERNKOU (7180)

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Last Price

0.88

Today's Change

-0.02 (2.22%)

Day's Change

0.88 - 0.90

Trading Volume

711,200


5 people like this.

3,648 comment(s). Last comment by IshraaqNor 22 hours ago

funda8

31 posts

Posted by funda8 > 2020-06-10 15:28 | Report Abuse

Congratulations to those who believe in the warrant. today hit 52w hit high of 0.545

funda8

31 posts

Posted by funda8 > 2020-06-10 15:42 | Report Abuse

But mothershare 52w high is also 0.98 which going to break out also...

funda8

31 posts

Posted by funda8 > 2020-06-10 16:09 | Report Abuse

Motherhare almost oversold.... time to breakout at 0.95

funda8

31 posts

Posted by funda8 > 2020-06-10 16:25 | Report Abuse

Next resistance is 0.98 can break easily...

calvinteo

330 posts

Posted by calvinteo > 2020-06-10 18:45 | Report Abuse

Great - funda8. Mother close at 98 sen, even with 52w high price transacted on 4th Nov 19.

Noticed other similar furniture/ wood sector stocks such as Poh Huat, Dominan, wtk, mieco, hevea also got momentum today.

NOTE: TAYOR (Trade at your own risk!)

saidora

208 posts

Posted by saidora > 2020-06-10 20:51 | Report Abuse

Finally, Sernkou is now taking off....

Posted by moneymoneycome > 2020-06-11 09:55 | Report Abuse

Why suddenly move? Taking off to which level? Any idea?

saidora

208 posts

Posted by saidora > 2020-06-11 10:45 | Report Abuse

Sernkou is entering into an unchartered territory...Very exciting times ahead.

tcl tcl

151 posts

Posted by tcl tcl > 2020-06-11 18:27 | Report Abuse

be careful. fake breakout

AndK

208 posts

Posted by AndK > 2020-06-11 23:36 | Report Abuse

Tcl, do you have any fact to support your statement? Please share with us. Previously you did mentioned the breakout point for you is 1.00, now break above 1.00 and you said is fake one. Maybe you can share with us how it is true for you.

saidora

208 posts

Posted by saidora > 2020-06-12 17:16 | Report Abuse

It's time to enjoy the ride friends...

tcl tcl

151 posts

Posted by tcl tcl > 2020-06-12 18:21 | Report Abuse

if closing can stand above RM1 for one week then i am wrong

tcl tcl

151 posts

Posted by tcl tcl > 2020-06-12 18:21 | Report Abuse

if not, dont too early to make judgement

AndK

208 posts

Posted by AndK > 2020-06-13 15:27 | Report Abuse

If buy share need to make judgement by see whether the price can sustain within a week, dont it be too late to buy if really it can.

tcl tcl

151 posts

Posted by tcl tcl > 2020-06-13 17:50 | Report Abuse

comfirmation for 3 days if price can stand above RM1, if not, it just a fake breakout.

calvinteo

330 posts

Posted by calvinteo > 2020-06-13 22:20 | Report Abuse

Yesterday all time high.

IMO it indicated a good signal of up bullish trendzone.

Smart Robie cited TP1= 1.132 or TP 2= 1.322

Note: TAYOR!

Posted by birkincollector > 2020-06-13 22:25 | Report Abuse

i dont get why this furniture stock can reach all time high during this period of time...whats cooking?

saidora

208 posts

Posted by saidora > 2020-06-14 18:03 | Report Abuse

Economies are opening up in China. High demand for Sernkou products.

saidora

208 posts

Posted by saidora > 2020-06-14 18:05 | Report Abuse

Sernkou price is now at unchartered territory...Very exciting times ahead.

calvinteo

330 posts

Posted by calvinteo > 2020-06-15 09:41 | Report Abuse

TQ AndK n agreed with saidora. IMHO FIHB n Sernkou both are under bullsh trendzone.

TAYOR!

bobotan12

15 posts

Posted by bobotan12 > 2020-06-15 16:45 | Report Abuse

sernkou! go go go

tcl tcl

151 posts

Posted by tcl tcl > 2020-06-15 18:19 | Report Abuse

DAMN

funda8

31 posts

Posted by funda8 > 2020-06-16 09:05 | Report Abuse

sernkou warrant in huge negative premium again....

tcl tcl

151 posts

Posted by tcl tcl > 2020-06-16 18:00 | Report Abuse

bad result

AndK

208 posts

Posted by AndK > 2020-06-17 07:54 | Report Abuse

Profit slightly decrease compared to same qtr last year even affected by pandemic and MCO. Profit expected will be dropped but not much.

calvinteo

330 posts

Posted by calvinteo > 2020-06-17 08:43 | Report Abuse

Agreed.

Guess may be due to factory expansion refer to salient points abstracted from Article posted by Mr Tan K W on 2/3/2020

星洲日報/投資致富‧企業故事

Author: Tan KW | Latest post: Tue, 16 Jun 2020, 6:53 PM

Blog Headlines (by Date) Blog Index

“分享资源 共享盈利”‧蔡鹏声做大胜高


胜高资源在原有麻坡厂地腾出2英亩多土地,这个财政年杪(2020年4月)初步生产,下个财政年(2020年6月30日至2021年6月30日)全面生产与贡献。

他指出,这个生产线90%自动化营运,以不超过50名员工做出1亿令吉的营业额。

胜高资源出口至全球超过50个国家,中美各占出口额的30%,其余国家40%。

Note: TAYOR

funda8

31 posts

Posted by funda8 > 2020-06-17 16:25 | Report Abuse

Today's buy rate still near 50%.... after all trading blocks are gone and break the resistance at 1.20 this stock will go sky high...

AndK

208 posts

Posted by AndK > 2020-06-17 23:18 | Report Abuse

Share of furniture company performing quite well recently. Today none of the 8 furniture companies in my list closing in red.

Posted by moneymoneycome > 2020-06-18 10:52 | Report Abuse

funda8, still can hold?

funda8

31 posts

Posted by funda8 > 2020-06-18 17:02 | Report Abuse

Since you trust me, I would think that the breakout of 1.20 is very important, because all the time until this point the buy rate has been high and the buys were in large volume.. see whether there is any breakout first...

Posted by moneymoneycome > 2020-06-19 17:19 | Report Abuse

funda8, 1.20 break out done. Next heading to which level? Pls share your thought, tq

Posted by kedahman7968 > 2020-06-19 21:50 | Report Abuse

Monday ... 1.50. Hahaha

AndK

208 posts

Posted by AndK > 2020-06-20 07:31 | Report Abuse

https://www.klsescreener.com/v2/news/view/691467


Opportunity is coming. China might look for supplier in M'sia if they cut supply from Canada.

calvinteo

330 posts

Posted by calvinteo > 2020-06-21 22:18 | Report Abuse

Funda8- noted your good suggestion n AndK- tks for sharing.

The following are the salient points in chronological event abstracted from company announcement with my own assumption for INFORMATION only:-

23/7/19- Noticed that CIMB Commerce Trusted Bhd had disposed [likely price range btw 0.44 to 0.64] n ceased to be substantiated shareholder.

From 26/7/19 to 14/11/19, new substantiate shareholder, Mr Koh Poh Seng announced, estimate acquisition of shares price range from 54c to 80.5c, 11.76%

Highest price at 0.98c traded on 4/11/19 or 5/11/19.

On 7/1/20, announced that Mr Koh Kun Chuan (previous major shareholder), cease to be shareholder n his resignation announced on 16/6/20.

Good QR results announced on 20/2/20 n article published on 2/3/20 “分享资源 共享盈利”‧蔡鹏声做大胜高

From 16/4/20 to 30/4/20, Mr Low Peng Sian [ 32.35% ] & Mr Lee Shen Wang both announced acquisition of shares through open market.

Early this month, Mr Koh’s announced disposed 951K shares. Remaining 10.33%.

Also, change in boardroom, promotion n resignation was announced last week.

Last Friday, 19/6/20, close at new record high for mother at 1.25 and wa at 78.5c, [ H- 79C].

From the chart pattern, imo TP 1- 1.30 or TP 2- 1.50, n consider to take partly of profit if drop below 1.20.

NOTE: Trade and or invest at your own risk! !

funda8

31 posts

Posted by funda8 > 2020-06-22 09:13 | Report Abuse

Moneymoneycome, the RSI and StochRSI have gone above 70 and 80 respectively, the rise from the low threshold 30 and 20 took place quite some time and so it is not envisaged to drop below the high threshold so quickly. So is time to consolidate or hold and wait and see...

tcl tcl

151 posts

Posted by tcl tcl > 2020-06-22 19:22 | Report Abuse

dont you all be trapped?

AndK

208 posts

Posted by AndK > 2020-06-22 22:02 | Report Abuse

I think many have trapped by tcl for not buying. The price has reached 1.27 today at 52w highest. Why you said we are trapped?

Posted by moneymoneycome > 2020-06-23 15:27 | Report Abuse

calvinteo, hooray! TP1 hit!!

AndK

208 posts

Posted by AndK > 2020-06-23 19:46 | Report Abuse

Next will b tp2, today most of the furniture company performing well even market in red.

bobotan12

15 posts

Posted by bobotan12 > 2020-06-23 20:19 | Report Abuse

rm2 coming soon

calvinteo

330 posts

Posted by calvinteo > 2020-06-24 15:57 | Report Abuse

Tq AndK.

Since early May until now, price already surge around 50% from 88/ 90c.

If rm2... Pray for the BEST!

TAYOR.

tcl tcl

151 posts

Posted by tcl tcl > 2020-06-24 19:11 | Report Abuse

RM 2 dont talk shit.
RM 1.5 should be appreciate.

tcl tcl

151 posts

Posted by tcl tcl > 2020-06-24 19:11 | Report Abuse

i wouldnt buy this.....

AndK

208 posts

Posted by AndK > 2020-06-24 19:37 | Report Abuse

Tcl.. if u hav no interested on this share, why u keep posting note here? No one here need any clarification from u that u have buy the share. As i know previously you wanted to buy this share on breakout, but i think most probably u didn't buy. Or maybe you still need further justification. Good luck to you.

Posted by monique1968 > 2020-06-24 23:06 | Report Abuse

Beautiful chart

Posted by newbird2017 > 2020-06-25 16:24 | Report Abuse

The chart for short term, middle term and long term all beautiful

tcl tcl

151 posts

Posted by tcl tcl > 2020-06-25 19:21 | Report Abuse

LOL, YOU think this counter can at high price how long ?

AndK

208 posts

Posted by AndK > 2020-06-26 00:48 | Report Abuse

Tcl, your high price is at what price?

tcl tcl

151 posts

Posted by tcl tcl > 2020-06-27 17:12 | Report Abuse

above 0.6

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