KLSE (MYR): SERSOL (0055)
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Last Price
0.15
Today's Change
0.00 (0.00%)
Day's Change
0.145 - 0.15
Trading Volume
438,700
Market Cap
110 Million
NOSH
731 Million
Avg Volume (4 weeks)
1,671,315
4 Weeks Range
0.135 - 0.17
4 Weeks Price Volatility (%)
52 Weeks Range
0.09 - 0.275
52 Weeks Price Volatility (%)
Previous Close
0.15
Open
0.145
Bid
0.145 x 125,000
Ask
0.15 x 320,500
Day's Range
0.145 - 0.15
Trading Volume
438,700
Latest Quarter | Ann. Date
30-Jun-2023 [#2] | 30-Aug-2023
Next QR | Est. Ann. Date
30-Sep-2023 | 29-Nov-2023
T4Q P/E | EY
-4.84 | -20.65%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.04 | 3.79
T4Q NP Margin | ROE
-129.78% | -78.20%
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: CHEMICALS
Subsector: CHEMICALS
Description:
Sersol Bhd is a Malaysian company which is principally involved in the coatings business relating to buildings, furniture, electrical and electronic products. The business segments of the company are electronic and electrical sector and the building industry. The company operates through its geographical segment namely Malaysia and Thailand. The Malaysia segment involved in manufacturing and selling of coatings, thinners and industrial chemical, investment holding and provision of management services and trading of architectural coating and wall surface finishing material. The Thailand segment manufactures and sales of coatings, thinners and industrial chemical. The majority of the company?s revenue comes from Malaysia.
FOR NEWBIES
Not many things are free in life
Those bought above 0.22 before bonus issue and still holding might be carrying paper losses at current price 0.12
================
NOSH = 543,660,909
WA = 157,305,798, Maturity 2023-04-18, Strike value 0.1000
https://www.klsescreener.com/v2/stocks/view/0055/sersol-berhad
===============
Multi year loss making company
Directors not capable to increase company fund via main business
Directors might propose more fund raising via shares issuance to PP, ESOS to increase company fund and resulting in dilution of shareholders equity % and EPS
Just wait to see when will NOSH hit 1 BILLION shares in near future
================
2022-08-10 12:05
FOR NEWBIES
Directors still busy with fund raising via shares issuance.
=========
On behalf of Sersol, TA Securities wishes to announce that the Board had on 6 October 2022 (“Price-fixing Date”) fixed the issue price for the Placement Shares at RM0.079 each (“Issue Price”) in relation to the Private Placement I.
The Issue Price represents a discount of approximately 9.40% to the 5-day volume weighted average market price of Sersol Shares up to and including 5 October 2022 (being the last market day immediately preceding the Price-fixing Date) of RM0.0872 per Sersol Share.
This announcement is dated 6 October 2022
==========
NOSH will continue to increase with more fund raising via shares issuance to PP, ESOS, RI.
More dilution to shareholder equity % and EPS
========
TAYOR
2022-10-06 20:48
Stock price might be pressed down lower for future PP to allow lucky PP investors to make better profit margin.
2022-10-06 20:51
FOR NEWBIES
Types of corporate proposal Private Placement
Details of corporate proposal SERSOL BERHAD ("SERSOL") PRIVATE PLACEMENT I
No. of shares issued under this corporate proposal 48,470,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0790
Latest issued share capital after the above corporate proposal in the following Units 592,130,909
Listing Date 18 Oct 2022
==================
Selected lucky PP investors making tons of money based on the issue price 0.079 and current market price 0.135
How to apply to be PP investors ?
===================
Directors might make more announcements to excite newcomers into the game
Sersol Berhad ("Sersol" or "the Company") - Appointment as an agent for the Malaysia Premium Visa Programme; This announcement is dated 25 October 2022.
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
===================
TAYOR, set realistic target
2022-10-27 09:11
FOR NEWBIES
FREE WARRANTS ISSUE OF UP TO 164,668,875 FREE WARRANTS IN SERSOL BERHAD ("SERSOL") ("WARRANT(S)" OR "WARRANT(S) B") ON THE BASIS OF 1 WARRANT FOR EVERY 5 ORDINARY SHARES IN SERSOL HELD AT 5.00 P.M. ON 11 NOVEMBER 2022 ("FREE WARRANTS ISSUE")
Shareholder's Approval No
Ex-Date 10 Nov 2022
Entitlement date 11 Nov 2022
(the exercise price of the Warrants at RM0.10 each, representing a discount of approximately 17.76% to the 5-day VWAP of Sersol Shares up to and including 26 October 2022, being the last trading day of Sersol Shares immediately preceding the price-fixing date, of RM0.1216 per Sersol Share.)
This announcement is dated 27 October 2022.
https://www.klsescreener.com/v2/announcements/view/3628729
https://www.klsescreener.com/v2/announcements/view/3628697
==================
Not many things are free in life
Those baited by bonus share issue and bought at higher prices could be incurring losses
Now directors giving bonus warrants to reward for big shareholders, new PP investors, and ....
===================
TAYOR.set realistic target
2022-10-28 09:18
FOR NEWBIES
Directors busy making announcement of HOA (Head of Agreement)
Similar to MOU, Letter of Understanding....sama sama but called differently
One way to attract newcomers to the stock ?
https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=others&cat=&sub_type=&company=0055&mkt=&alph=&sec=&subsec=&dt_ht=&dt_lt=#/?category=all
===============
SERSOL BERHAD ("SERSOL" OR "THE COMPANY")
- HEADS OF AGREEMENT ENTERED BETWEEN SERSOL BERHAD AND NATURAL AND PREMIUM FOODS CO. LIMITED
===============
SERSOL BERHAD ("SERSOL" OR "THE COMPANY")
- HEADS OF AGREEMENT ENTERED BETWEEN SERSOL BERHAD AND TAKUNI GROUP PUBLIC COMPANY LIMITED
===============
Sersol Berhad ("Sersol" or "the Company")
- Memorandum of Understanding entered between Sersol e-Solutions Sdn. Bhd., a wholly owned subsidiary of the Company and Eminent Display Sdn. Bhd.
===============
Sersol Berhad ("Sersol" or "the Company")
- Heads of Agreement entered between the Company and MJets Limited
================
Sersol Berhad ("Sersol" or "the Company")
- Heads of Agreement entered between the Company, SMTrack Berhad, Country Heights Holding Berhad, Jiankun International Berhad, Techna-X Berhad, MQ Technology Berhad and 5G Infra Tech Solution Sdn. Bhd.
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
===============
Continue to monitor status update of HOA, MOU, many of which might be terminated after some time of no material development
===============
TAYOR
2022-11-01 11:03
FOR NEWBIES
Types of corporate proposal Private Placement
Details of corporate proposal SERSOL BERHAD ("SERSOL") PRIVATE PLACEMENT I
No. of shares issued under this corporate proposal 48,470,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0790
Latest issued share capital after the above corporate proposal in the following Units 592,130,909
Listing Date 18 Oct 2022
==================
Directors good in shares issuance at attractive prices to reward lucky selected PP investors
Millions profit within a month....master stroke
How to apply to be PP investors?
================
Those who bought for the bonus shares have to wait longer to break-even or to reduce losses
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
=============
TAYOR
2022-11-04 12:29
FOR NEWBIES
Directors sold almost all warrants and shares
Changes in Director's Interest (Section 219 of CA 2016)
Name MR TAN FIE JEN
Total no of securities after change
Direct (units) 540,690
Direct (%) 0.091
Date of notice 07/12/2022
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3313663
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Changes in Director's Interest (Section 219 of CA 2016)
Name MR TAN FIE JEN
Descriptions(Class) Warrant B
Total no of securities after change
Direct (units) 9
Direct (%) 0.000
Date of notice 05/12/2022
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3312888
=============
Take note of trading activities of directors
https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all
2022-12-09 11:19
Sersol Bhd expects its joint venture with Thai energy and electric vehicle (EV) motorbike specialist Takuni Group PCL to generate RM900 million in sales across Malaysia, Indonesia and Thailand.
2022-12-16 11:20
Managing director Datuk Justin Lim Hwa Tat said the JV inked in Bangkok diversifies Sersol’s investment portfolio to incorporate a Malaysian entity to handle manufacturing, marketing and distribution of EV motorbike batteries, EV batteries, and charging platforms throughout the region.
2022-12-16 11:22
expired 15-11-2027
-wb tadah dekat 0.055 , sebelum expired mesti akan pump sekali lagi .
lambat tapi 99.99% pasti !
selalu yang nak cepat untung tu lah yang selalu cepat rugi .
2023-05-25 15:55
Justin Lim CEO Sersol Berhad tidak pernah BANKRAP seperti didakwa
https://corporatekini.com/2023/07/08/justin-lim-ceo-sersol-berhad-tidak-pernah-bankrap-seperti-didakwa/
2 months ago
FOR NEWBIES
SERSOL BERHAD (SERSOL OR THE COMPANY)
- CLARIFICATION ON THE NEWS ARTICLES ENTITLED:
"HAS SERSOL HEAD HONCHO JUSTIN LIM HWA TAT GONE INTO HIDING?"
"MACC LOOKING FOR MAN WITH 'DATUK' TITLE TO ASSIST INVESTIGATION"
The Company refers to the Articles which appeared in focusmalaysia.my and www.nst.com.my dated 12 July 2023 respectively entitled "Has Sersol head honcho Justin Lim Hwa Tat gone into hiding" and "MACC looking for man with Datuk title to assist investigation".
The Company wishes to clarify firstly that Datuk Wira Justin Lim Hwa Tat is presently holding the position of Chief Executive Officer of the Company.
He has been away overseas since February 2023 for purpose and reason only known to him.
The Company has been contacted by MACC and was made to understand that the MACC is investigating on certain payments made by the Company to a third party, which were approved and instructed by Datuk Wira Justin Lim Hwa Tat.
The majority of the Board of the Company had not received any update from him thus far.
This announcement is dated 13 July 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3369146
====================
Date of change 05 Aug 2021
Name DATUK JUSTIN LIM HWA TAT
Age 45
Gender Male
Nationality Malaysia
Designation Managing Director
Directorate Executive
Type of change Appointment
=================
Date of change 15 Jun 2023
Name DATUK JUSTIN LIM HWA TAT
Age 47
Gender Male
Nationality Malaysia
Type of change Appointment
Designation Chief Executive Officer
==============
Probably already made his money from the corporate exercises (bonus issue and bonus warrants)
2 months ago
Hmm. Morgan Stanley is new substantial shareholders. Also Mitsubishi bought shares. What's your input guys
1 month ago
HaroldHuong
Rebound from 12cts? or just main main
2022-08-04 17:45