As Mabel said many times, currently Serba is not everyone. There are many better opportunity out there. PCHEM is another option if you still want to invest in the Energy Sector..
PetChem: To be sole Southeast Asia melamine producer with a new plant in Kedah. Petronas Chemicals Group (PetChem) plans to build a 60,000 tonnes per annum melamine plant in Gurun, Kedah, which will make it the sole melamine producer in Southeast Asia. The plant is targeted to come on stream in 2024 but did not indicate how much it is investing in the plant. The project is in line with its journey to expand into derivatives by adding valueto the molecules from its existing products such as urea, methanol, polyolefinsand more. It plans to use urea produced from its wholly owned Petronas Chemicals Fertiliser Kedah (PCFK) unit as feedstock to produce the melamine. (Source:The Edge Markets)
Comeback to Serba when he's clean. There so many out there then Serba.
Captain Mabel Sparrow..
Stock: [ARMADA]: BUMI ARMADA BHD
Jan 20, 2022 8:13 AM | Report Abuse
#Bon888 Congratulation on Meow battleships and supertankers moving full speed! Just one Serba keeping inside the freezer. 19/01/2022 12:14 PM
Thank you Bon888...
Almost all Battleships and Supertankers Climb yesterday..
Ang Pow is definitely cumming for all Battleships and Supertankers shareholders...
Yes Serba is current in the freezer. No issues for Mabel. Can wait as the warrant will only expires in Dec 2024. Hopefully by that time Serba will resolve all the current issues..
Yeah lol, Mabel will lose all her/his ? EPF retirement funds then get a coffee with karim....he/she will more then happy to do the Titanic song ......hahaha
#Sslee I can only hope Mabel will hold to her Serbadk untill delist then she can sit together with Karim have coffee during private AGM meeting
Any way Mabel can afford to lose 100% only pity those cannot afford to lose like pearlwhite. 20/01/2022 9:09 AM
Haha my handsome Sslee is here too..
Hopefully not delisting. Karim already promised to resolve the issues as soon as possible. There's so much stakes on the table for the majority shareholders. So they will not let it happen. As you can see in the Ajam case, cleared. As expected Bursa and SC both are toothless tiger...
In the Worst case if ever it takes Private also no issues as Serba has good track record paying Dividend before this KPGG issues surfaces. Mabel has good experience with Lafarge and MAS when they took private. Make money there. Cycle and Carriage was supposed to be another Wang. Unfortunately some shareholders got so greedy and voted out. So no issues if they take it Private. Currently Mabel is also waiting for FGV to be taken Private, never happen. Yesterday FGV closed RM 1.50 and as usual Mickey Mouse and DickyMe went missing.
Touch wood, in the worst case scenario, Mabel main exposures in Serba is the 2019 Bonus Issues Free Warrants which will expires in Dec 2024. That 's is really no issues after gaining so much from this counter.
Like Mabel said yesterday, Mabel is ever ready with the two scenarios:
Mabel will be waiting to collect at 10 sen and will dance with a RED Dress
If however it will climb 30% like SCIB yesterday, Mabel will dance with BLACK Dress
#superrr Yeah lol, Mabel will lose all her/his ? EPF retirement funds then get a coffee with karim....he/she will more then happy to do the Titanic song ......hahaha 20/01/2022 9:26 AM
#superrr As we can see, longkang Mabel 60+ nenek tatinic 444 will always promoting the longkang counters to kill you all.... 20/01/2022 9:28 AM
HoHo my superr Leonardo not so Caprio is here too...
Like Mabel said many times, this stock is not for everyone....
Short Term Liabilities: SERBADK's short term assets (MYR5.5B) exceed its short term liabilities (MYR2.2B).
Long Term Liabilities: SERBADK's short term assets (MYR5.5B) exceed its long term liabilities (MYR2.4B).
Debt Level: SERBADK's net debt to equity ratio (80.5%) is considered high.
Reducing Debt: SERBADK's debt to equity ratio has increased from 80.3% to 100.9% over the past 5 years.
Debt Coverage: SERBADK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SERBADK's interest payments on its debt are well covered by EBIT (3.9x coverage).
Karim and his team should be able to resolve this before Mabel's 2019 Bonus Issues Free Warrant expires in Dec 2024. 2-3 years from today, Serba should be back on her feet again. Touch wood, by that time, Mabel will also be laughing HoHoHo all the way to the Bank..
#superrr Meow meow...Pxxy cat Titanic song again....meow Titanic..... 03/01/2022 10:10 AM
#superrr Mabel doesn't knows any chats prediction, When Charting shares price is high he/she buy, when shares price low he/she sell.... 03/01/2022 10:19 AM
HoHo my Leonardo not so Caprio is back...
Did my Jack managed to sleep like a baby in the deep blue ocean?...
Haha Prediction?
Since you love TA so much let's talk about TA...
Here are another two data for your reference:
If you look at the chart, the Support and Resistance are :
Support : 0.335, Resistance: 0.45
If you look Gann Support
Gann Support (EP/CL): 0.25/0.23 | Resistance (TP): 0.28/0.31
...and you will get different TP...What does this tell you?
If you look at all the Stock market research house, all of them uses TA to justify their entry price and selling price. All have them have the same historical share price which is the foundation for their charts. My question is, if all of them are having the same data, how come all of them come out with different price for buy and sell call? Why is there a difference?
The reason for the difference in buy/sell call price from different research house, they are different is because everyone using TA are just doing guessing work, aka gamble. Today this research house is right, tomorrow another research house is right... so who's TA formula is more accurate? Inconsistency in accuracy means they are nothing more than guessing work.
That is why some the long-term Investors say TA is rubbish.
Hence, don’t waste your time on TA, spend your time to learn about the company business, go and dig out real data from inside the company. Then you will see clearly what you are buying, when to enter and when not to enter. You will get exactly what you know about the company...
As Mabel mentioned, when Mabel purchased Serba, Mabel purchased the business, not the stock. Serba completed Captain Mabel's Armada Fleet of E2E Battleships, Super Tankers, Missiles and Jet Fighters Supply Chain to fight Mickey Mouse War on Terror.
Summing up..
Investors and traders have different time horizons and expectations. They also follow different metrics. Investor take a long-term approach to the markets. That's why they can sleep like a baby
Traders involves short-term strategies to maximize returns daily, monthly, or quarterly. That's why they are very uptight, very aggressive and always cry like a baby.
Investors are more likely to ride out short-term losses, while traders will attempt to make transactions that can help them profit quickly from fluctuating markets.
There's no right or wrong approach. It all depends on how deep is your pocket. However, the best players are the one who can master both by riding the wave...
All Captain Mabel Fossil Battleships and Super Tankers are name after the ships in the Pirates of the Caribbean. These Armada Fleet of Battleships will be Air Supported by AirAsia and Singapore Airlines Jet Fighters.
https://mfigroup.com.my/board-of-directors/ Where is Mohamed Ilyas Pakeer Mohamed now ? Saying want to ban KPMG from operating in Malaysia but now senyap dy, really useless.
Come on... don't bully a lady... cursing. swearing, passing lude remarks, calling names....it only reflects on what a low life u are... can't beat the lady then just cry mummy and have her banned from i3 lo.
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....
Mabel
23,567 posts
Posted by Mabel > 2022-01-20 00:16 | Report Abuse
Today's Mabel's Battleship Top Performer is Hai Peng Velesto..
The Hai Peng was a junk ship owned by Captain Sao Feng, the Pirate Lord of Singapore.
Captain Sao Feng so handsome. He looks like our Sslee..
Captain Mabel Sparrow