SERN KOU RESOURCES BHD

KLSE (MYR): SERNKOU (7180)

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Last Price

0.88

Today's Change

-0.005 (0.56%)

Day's Change

0.88 - 0.88

Trading Volume

756,000


5 people like this.

3,659 comment(s). Last comment by el1t3man 2 days ago

winetime

523 posts

Posted by winetime > 2022-12-05 15:46 | Report Abuse

I guess now is one of the best timing to reenter market. Foreigner is slowly turn back to Malaysia. Indo, Singapore and China is having good connection with Malaysia. Import and Export player - now is the time for next wave.

bizbro

149 posts

Posted by bizbro > 2022-12-05 17:21 | Report Abuse

new upstream player in the sector soon.. this is another strong factor for sernkou

Posted by LeonardLiong > 2022-12-06 12:07 | Report Abuse

That's right. Sernkou will be the first midstream furniture company that is also involved in the upstream business

IshraaqNor

659 posts

Posted by IshraaqNor > 2022-12-06 12:43 | Report Abuse

Masa depan syarikat ni akan jadi lebih cerah dan juga akan berkembang secara kukuh selepas penceburan dalam perniagaan upstream

Posted by LeonardLiong > 2022-12-06 12:47 | Report Abuse

Share price below 70 cents is a good pickup price I think

4dking777

401 posts

Posted by 4dking777 > 2022-12-06 14:39 | Report Abuse

quiet today, calm before the storm

PuaQW91

661 posts

Posted by PuaQW91 > 2022-12-06 14:44 | Report Abuse

Investors can rest assured when investing in Sernkou as the company is a very stable and steady company in terms of revenue and financial condition

Posted by corpsehunter69 > 2022-12-06 16:08 | Report Abuse

Big shark are coming in ? Can smell it from far away

Posted by triplex3mob > 2022-12-06 17:36 | Report Abuse

selling momentum is over and starting to see green....

Posted by LeonardLiong > 2022-12-07 11:19 | Report Abuse

Great! Good movement today for Sernkou. Sooner or later it will break 70 cents

IshraaqNor

659 posts

Posted by IshraaqNor > 2022-12-07 13:30 | Report Abuse

Tak dapat pada harga 68 sen sana dan Sernkou dah mula naik...

IshraaqNor

659 posts

Posted by IshraaqNor > 2022-12-07 13:33 | Report Abuse

Memang kuat dan stabil syarikat ini bergerak dalam keadaan ekonomi yg lemah

PuaQW91

661 posts

Posted by PuaQW91 > 2022-12-07 13:48 | Report Abuse

Anything is possible. Moving up before they finished converting their warrants

whaleing

250 posts

Posted by whaleing > 2022-12-07 15:01 | Report Abuse

finally back to 70 sen, time for another rally to 80

4dking777

401 posts

Posted by 4dking777 > 2022-12-07 16:02 | Report Abuse

Still moving up while they converting warrant, looking good for now

Posted by corpsehunter69 > 2022-12-07 16:26 | Report Abuse

Price looking nice at 69 cents, hehehehehe

Posted by LeonardLiong > 2022-12-08 12:26 | Report Abuse

SERNKOU is different from other furniture manufacturers. In contrast, the company's primary business is the processing of wood, which had a big influence on how the current quarter performed

Posted by LeonardLiong > 2022-12-08 12:27 | Report Abuse

Hence, it is good for SERNKOU to be strongly supported by their midstream business despite USA and Europe are both seeing slowdown in demand for wood-based furniture

IshraaqNor

659 posts

Posted by IshraaqNor > 2022-12-08 13:06 | Report Abuse

Dalam penjalanan utk memecah harga 70 sen. Percayalah syarikat yg stabil ni boleh menjana keuntungan yg lumayan

winetime

523 posts

Posted by winetime > 2022-12-08 13:12 | Report Abuse

The new forming government seems working out to inject more foreigner investor to locals market. Construction, furniture, raw material will back to game soon ?

PuaQW91

661 posts

Posted by PuaQW91 > 2022-12-08 13:27 | Report Abuse

Still have 82 days left. This upcoming fair will boost up the business of furniture industry

https://2023.miff.com.my/about-miff/malaysian-furniture-industry/

4dking777

401 posts

Posted by 4dking777 > 2022-12-08 14:59 | Report Abuse

Don't think retail furniture fair will contribute alot of revenue, but still a good exposure tho

Posted by corpsehunter69 > 2022-12-08 16:01 | Report Abuse

this is a big international furniture fair bro, sernkou are going to be participating in it. They are a long time exhibitor

https://2023.miff.com.my/media/news-and-featured-articles/127/sern-kou-high-quality-products-with-zero-reject-production-rates/

4dking777

401 posts

Posted by 4dking777 > 2022-12-08 19:49 | Report Abuse

my bad lol, need my coffee after lunch break.. we can expect good q4 for Sernkou?

Posted by LeonardLiong > 2022-12-09 12:07 | Report Abuse

You meant Q4 in the calendar year, right?

Posted by LeonardLiong > 2022-12-09 12:21 | Report Abuse

If this is the case, then their Q4 period had typically outperformed their previous quarter period. I guess it's due to year end sales or something

IshraaqNor

659 posts

Posted by IshraaqNor > 2022-12-09 14:43 | Report Abuse

Tunggu masa saja Sernkou akan memecah 70 sen.Tanda-tanda tersebut mula muncul

Posted by corpsehunter69 > 2022-12-09 15:39 | Report Abuse

quiet friday, but good to see sernkou back at 70 sen again

PuaQW91

661 posts

Posted by PuaQW91 > 2022-12-09 16:28 | Report Abuse

Malaysia is one of the world’s 10 biggest exporters of furniture and furniture parts, which are said to be high-quality products. So, positive trends remain for furniture industry

https://www.thestar.com.my/business/business-news/2022/07/07/higher-demand-for-local-furniture-due-to-quality

whaleing

250 posts

Posted by whaleing > 2022-12-09 16:33 | Report Abuse

MIFF is going to be big for the furniture market, another big event to showcase malaysia furniture products

Posted by triplex3mob > 2022-12-09 20:42 | Report Abuse

furniture fair are always a boost in sales, this is the first big fair after covid too

bizbro

149 posts

Posted by bizbro > 2022-12-12 14:26 | Report Abuse

Old news, but looks like demand for furniture is climbing back ....

Posted by LeonardLiong > 2022-12-12 14:46 | Report Abuse

Price retraced back a bit due to the conversion of their warrants again

IshraaqNor

659 posts

Posted by IshraaqNor > 2022-12-12 15:24 | Report Abuse

Kembali beratur pada harga 68 sen. Harap boleh dapat

Posted by LeonardLiong > 2022-12-12 15:30 | Report Abuse

Below 70 cents is a good entry/collection price for me though. Slowly accumulate and wait for it to move up higher eventually

PuaQW91

661 posts

Posted by PuaQW91 > 2022-12-12 15:48 | Report Abuse

The news wasn't so old, just 5 months ago and still clearly projected the outlook of furniture industry

4dking777

401 posts

Posted by 4dking777 > 2022-12-12 16:01 | Report Abuse

demand of furniture is there since opening of borders & malaysia are always known for good furniture quality

Posted by triplex3mob > 2022-12-12 18:08 | Report Abuse

Old news but still intact will the future prospect of local furniture sector, hopefully the demand can hold for longer period

Posted by LeonardLiong > 2022-12-13 09:29 | Report Abuse

Waiting for tonight's US CPI data. If exceed 7.7%, USD index will up exponentially

Posted by corpsehunter69 > 2022-12-13 15:52 | Report Abuse

market relatively stable now, don't think CPI are going to affect alot like last few months

whaleing

250 posts

Posted by whaleing > 2022-12-13 16:26 | Report Abuse

Furniture demand are going to hold la, unless world war 3 is happening lol

bizbro

149 posts

Posted by bizbro > 2022-12-13 16:52 | Report Abuse

it wont happen la, china are even opening up their borders now.

Posted by LeonardLiong > 2022-12-13 16:53 | Report Abuse

Hard to say. Sometimes market and economic data can be unreasonable

bizbro

149 posts

Posted by bizbro > 2022-12-13 16:54 | Report Abuse

follow by china market slowly recover back from pre-covid days, demand of furniture are going to keep going up lol,

IshraaqNor

659 posts

Posted by IshraaqNor > 2022-12-13 16:56 | Report Abuse

Dapat sikit pada harga 68 sen. Percayalah perniagaan syarikat ini akan berkembang lebih maju pada masa hadapan

PuaQW91

661 posts

Posted by PuaQW91 > 2022-12-13 17:35 | Report Abuse

Not only good catalyst from China, the demand of furniture definitely will skyrocket after Ukraine and Russia war ended completely

Posted by LeonardLiong > 2022-12-14 12:17 | Report Abuse

Great. CPI for Nov was lower than estimated and went down to 7.1%

Posted by LeonardLiong > 2022-12-14 12:36 | Report Abuse

Markets become quite flourishing after the announcement of that data. But USD index dropped to 103 something

Posted by corpsehunter69 > 2022-12-14 15:34 | Report Abuse

CPI lower is good for export business like sernkou, maybe we can see the share price trading above 70 cent before 2022 ends

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