if u bought cheap, dont sell all, just sell 1/4 for celebration 3 days close green. 2morrow buy back share but u still have calculate to make sure your original price still lower, idea for only bilis2 trader like me.
Are companies linked to Serba’s head honcho ripe for rebound?
By Cheah Chor Sooi2 hours agoin Markets, Top
IT is no joke that anxiety of the highest degree has crept into the mind of many retail Serba Dinamik Holdings Bhd investors, thus testing their holding power to the maximum, so to speak.
The share price of the global integrated oil & gas (O&G) service provider has languished in the 30-35 sen zone for most part of September and to-date.
Interestingly, Serba Dinamik is not alone in such predicament as similar lacklustre scene can be observed in sister companies Sarawak Consolidated Industries Bhd (SCIB) and KPower Bhd
At the close of today’s mid-day trading, Serba Dinamik was up 0.5 sen or 1.54% to 33 sen with 56.38 million shares traded, thus valuing the company at RM1.23 bil.
SCIB added 1.5 sen or 3.85% to 40.5 sen with 24.22 million shares traded to give the company a market capitalisation of RM213 mil) while KPower inched up 3.5 sen or 5.56% to 66.5 sen with 5.43 million shares traded to value the company at RM361 mil.
Currently, Serba Dinamik group managing director and CEO Datuk Dr Mohd Abdul Karim Abdullah holds a 21.2% in the company he founded in 1993 by virtue of his recent acquisition of five million shares on Sept 30 (at 32.5 sen) and 2.5 million shares (at 30.6 sen) on Oct 1.
Meanwhile, Abdul Karim who has reiterated many times in the past that the operations of SCIB and KPower are free of Serba Dinamik’s intervention despite his chairmanship in both companies, hold stakes of 42.84% in SCIB and 20.04% in KPower.
Judging from their highly affordable share prices, one wonders if prospects of the three companies can translate into “low-hanging fruits” for long-term investors.
“At a glance, there is no denial that a strongly rebound is imminent due to cheap valuation especially in the case of Serba Dinamik if viewed from the perspective of current bullishness of the Brent crude oil price (which has surpassed the US$80/barrel mark),” a market observer told FocusM.
“Hopefully, positive outcomes from the release of its special independent review (SIR) report as well as its audited account for its FY2020 ended June 30, 2021 will give Serba Dinamik’s share price a deserving push.”
Additionally, the market observer also opined that Serba Dinamik fits the bill as a “post COVID-19 play” by virtue of its recent ventures outside the O&G sector realm, notably space economy, information technology (IT) and renewable energy (RE).
“Above all else, the upcoming Budget 2022 (to be tabled on Oct 29) could benefit Abdul Karim’s three counters from the perspective of engineering, procurement, construction and commissioning (EPCC), construction and renewable energy,” he added.
At 3.08pm, Serba Dinamik was up 1.5 sen or 4.62% to 34 sen with 69.82 million shares traded, thus valuing the company at RM1.27 bil. – Oct 6, 2021
as i said earlier, serbadk had too many new divisions for new projects as in technology and planes engines.. there is still growth for the future. to pn17 now it's a big waste.
@uncle_lim the multi-millionaire made the call when the price was 30.5 cent.......... I followed his advice and now racked millions of profit..........now already 34cent.............. hahahahaha.............. funny enough the dumbo and 'certified bodoh' cannot be found shitposting until to this date............. hahahaha............. what a lowlife losers.............
Posted by nicholas99 > Oct 6, 2021 6:19 PM | Report Abuse
as i said earlier, serbadk had too many new divisions for new projects as in technology and planes engines.. there is still growth for the future. to pn17 now it's a big waste.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wolfbroker
537 posts
Posted by wolfbroker > 2021-10-06 16:26 | Report Abuse
Good if it can close by 0.34
Posted by tradersampah > Oct 6, 2021 3:51 PM | Report Abuse
let see 4.30pm game..able to close 34sen or 34.5sen