I will not suggest to buy now. Should buy when it is around RM1.90. Hope the QR can push to above RM2.00.
Next catalyst will be africa expansion.

Hi probability, good to c u back here. It has been a good year for u, HengYuan, PetronM, now SerbaDk. Happy for you, bro!

by the way, T4Q PE is now at 8.23, and annualized PE for FY2017 is at 7.81. consider very low compare to its peers.

Revenue slightly declined in Malaysia, Qatar, Saudi. but increased in Turkmenistan (+52m), other OPECs, and indonesia. with new contracts revenue starts to kick in H2 and Africa expansion in H1 2018, the future is looking good for SerbaDk.

Last quarter the company has a repayment of bank borrowing of RM 105 mil. Good to see that the debt has been reduced. Hope it will become a net cash company by end of this year.

"The O&M business segment is expected to remain as the major contributor of the Group’s revenue while the EPCC segment will experience increased growth for 2017. Overall, the management is optimistic about the future prospects including our business presence in Qatar which will lead the company to successfully meet its targets for the year. The management is also of the view that the Group will continue to generate positive result for 2017"

Good QR result with YOY 508% increased!! after lunch gonna climb back. lol

the different is that once we know the stock and its business well enough, during the bear time, we will still feel confident and won't be panic.
I hope SerbaDk will falls to lower price, collected some today and waiting at 1.80.
:p

thank you Lai Ting, I am not able to predict when bearish market will come, during bear time, like today, regardless of how good the stock is, it will still falls. Eventually it will goes back up after bear market ended, but we are not sure how long it will takes.
It is possible the share market will continue to fall after today and continue for days/weeks, or it will goes back up at the end of Aug, we don't know.
It is a clear sign that bear is here, pls invest carefully and don't get caught in the presidential suite.

As predicted.

Posted by Chong Jiunn Hau > Jul 3, 2017 11:38 AM | Report Abuse X

I think it will stabilize between 1.90 to 2.00 until the QR announcement in Aug. Unless there is catalyst to to push up or down the stock price. e.g. Qatar crisis escalates/resolves, Africa tender fails/rewards, etc

Lai Ting,
I invested in SerbaDk for long term, I believe it is really a potential stock with the current Africa expansion which will start contribute in Q1 2018. in my opinion, this stock is worth more than RM2.30 by end of 2018 with the contribution from africa. regardless of the result in next QR, I will still hold it at least 1-2 years.

FY15
EPS 8 cents - dividend 4.5 cents

FY16
EPS 8 cents - dividend 4.5 cents

FY17
3Q EPS 11.7 cents - dividend ??

dividend payout has been over 50% of total EPS for the pass 2 financial years, by looking at the current FY17, it could be more than 5 cents.

soon. within these 2 weeks.

Dear all,
Please just ignore him, doesn't worth your time to reply his comments.

Lai Ting, your support is appreciated. I wrote blog is to assure myself had made the right choice to invest in the stock. I share it because it might also provide an additional info to other investors. I believe the investors like you and me will make our own judgement before we invest.

Wah, with massive debt, log supply issue, no hope company, the share still raise like this. Those investors must be idiots, else the loser whom keep highlighting those issues is the idiot.

And since he doesnt understand much about Serbadk business, he cant find any relevant information to sabotage, so he attacks on people instead so much that until he got BANNED by admin. What a joke.

小鱼 that is the expected behaviour of a loser. He no face go evergreen bullshxt becuase the share price gone up. So he target other share to show his 'ASSpertise'

Share price drops because of the court case?
Memang i queue at 1.50 everyday

waiting at RM1.50 everyday...

Warga smka, dont need to reply him. When share price goes up, he will disappear. What credibility does an ID, which BAN by the website admin, hold? Loser never learn. He cant find anything to attack the share, so now he attack people. Just enjoy the entertainment he brings to us.

I forecasted it will stabilise between 1.90-2.00 until next QR release, anything above 2.00 i am more than happy already.

steve, lotte latest QR didn't suffer any losses, just revenue and NP reduced. Perstim is similar to Lotte as QoQ and YoY reduced more than 75%. Just that the reasons of lost were differen

I mean the PE in I3investor. It was calculated base on only 3Qs.
Price / Total 3Q EPS = 11.96
If we annualised it
Price / (Total 3Q EPS/3 x 4) = 8.52

goodluck999, it is still a net cash company with strong cash flow. So it is too early to judge whether it is a good or bad stock. Sometimes shit does happen, but if its EPS can resume back to 20-25 cents in each next 3 quarter, then still got hope

really bad QR, didn't explain well how the hell the NP% dropped so much, did SAJ water disruption costed that much? those fair value, depreciation of properties were only 60m in total. 6% increased cost of sales (around 150m) also only 2/5 of the sharp decline of NP% 15%!!
15% almost equivalent to 350 million!

Many people didn't notice the current P/E 11.96 was based on only total EPS of 3 quarters. When next QR announced, people will realize its P/E actually is at 8-9 only (annualized T3Q PE was 8.52 @RM2.00). Can't wait for the next QR announcement.

Thanks bro, try my luck and see whether I can get in around 6.70-6.80.

Posted by probability > Jul 29, 2017 02:11 PM | Report Abuse

i you can wait for 4 months to see its performance, i think its not too late.

bro probability, do you think is it too late to enter at RM7? any suggestion?

warga smka, sorry just noticed you are asking me. johortin is fundamentally good. it has transformed from a industry product to consumer, which is good because the demand of tin will be reduce due the increasing trend of pouch in box packing (if you aware there were a lot of tin packing in super/hypermarket few years back, now you see boxes more than tin in those markets). I foresee its tin division will be slowly decline over a period of time but its consumer division will be sustainable.
I not sure how is the potential future earning for johortin because I didn't do any homework (not in my watch list, haha).
Hope I answered your question.

One interesting fact is that wherever he went, stock price goes up. Evergreen, SerbaDk, HengYuan… those good stocks were rubbish to him. At the end, those childish comments he posted back fire at him. Now we all know how 'expert' he is.

gonna collect more at RM1.50 next week.

3 mil units strong support @2.00

KYY said TP is RM16. possible meh?

agreed with joni. another high volume day to support level above 0.88. encouraging.

another high volume day, good sign!

When the share price was down, talk bravely like a US president, when price goes up, miss in action like Jho Low! Typical loser behavior.

the other factor could affect TunePro is that Bank Negara imposes 30% minimum local ownership in insurance firms. Great Eastern, Prudential, etc are looking at the possibility to launch IPO in order to comply. I am definitely has a higher interest to invest in GE rather than TunePro...

Agreed. unless i know why the share price dropped and whether it is temporary (recoverable), or long term, else I won't switch, i would rather continue to suffer the lost in the stock that I fully understood and confident with.

To be frank, I kind of agreed with shpg22 regarding the result of next QR, it would be maintained at around 13-17 mil NP, which is still good but may not be as good vs YoY (26 mil, highest NP since IPO launched), Tune Pro share price may dropped further. I feel maybe that is the best time to enter. I hope I am wrong...

Mr Teh, yes, there is a possibility the stock I switched to buy drops also. Since BAuto share price is dropping and will drops more after next QR announcement in Sept, I chose a stock that is less likely to lose more, in this case was AirAsia and I knew the share price drop was due to McQ suppressed the price because its warrant expiry by end of this month (happened again on 25th and yesterday).
Further more, I have been keeping eye on a few stocks with extensive homework, so is it easier for me to spot the opportunities with confidence if it arises.

54088, let's hope tomorrow everGREENER!!
bsngpg, we need another 2-3 high volume days to support above 0.88, else it will be like what you said, it may evaporate at anytime..

different people with different view, there is no right or wrong, just personal opinions.
I will do the same like shpg22. I will choose to cut loss and channel the money to other stock with better opportunity.
Recently I just cut loss from BAuto @1.96 (bought @2.04) when I saw AirAsia oversold and bought it @3.05. Boom, gained back what I lost and earned some extra money in just 1 week time (still on paper though). I may sell AirAsia at higher price and re-enter BAuto if it falls to RM 1.80 and below.
I can also choose to wait until next QR announced (I foresee bad result by looking at Mazda cars sold in May and June) catch the falling knife and wait 2H to bounce back (2H Philippine IPO and Mazda 5 launched and Asean export hub).
I chose the 1st method just because I think it was align with my investment goal (capital fluidity with minimum lost). Although I may get the same result by end of 2017 if I choose 2nd method (I need to commit more capital in BAuto and my capital fluidity reduced).
No right or wrong, just personal choice. Peace

onlyinvestment, agreed. different ppl different goal. I definitely respect yours. huat ar~

dividend only 0.02, don't think so it is able to push the share from 0.855 beyond 2 resistance @0.88 and @0.89

won't statisfy with 2.40. My TP is RM3.50 by 2019.

8m volume and closed at RM2.04. Finally established above RM2.02 resistance with high volume. Hope it can stabilize between 2.02-2.10 from now on before the QR announcement

Or maybe he is ashamed for that ID and registered a new 1 to talk cock again. Hope the poor loser learned a lesson here.

Speakup, pls check the EPS for Titan before delisted and EPS 2016. U will know why RM3 is not possible for LCT

Currently the next resistance level is at RM2.25.

we need at least 7m volume by end of today and stabilize at RM2.05 or above to walk out from the slum.
Hope it can hold it. I think a lot of people who bought below RM1.95 will cash out either today or tomorrow.

prop1, i hope also! but will be quite challenging unless SerbaDk get a really really good QR (>120mil NP).
However, I believe 2.40 is possible by end of this year.

SuperPanda you didn't buy AirAsia yesterday when big Mac suppressed the price to Rm3.14?