CPO price dropped again...

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

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

Can't blame...It's a theory of games and economic behavior

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

@skybursa. Wow. No need to worry about your pension fund alrdy

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

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

Alright, EPF starts buying consecutively

A bright future lies ahead for Sernkou and they will continue to present good performance in terms of revenue as well as profit

Sernkou will be actively exploring new opportunities and is building new capabilities to strengthen the company’s business moving forward.

CPO price drop a bit to RM3900 something last Friday...

SERNKOU is not just a furniture manufacturer but also involved in the wood processing business, which had significant contribution on the current quarter’s performance

Yup. Plenty of chance to collect below RM21. My average price would be RM20 if it really reached there

That is good news for the furniture industry as it will boost up their sale

Malaysia Export Furniture Exhibition (EFE) 2023 is going to be held in March 2023 at KLCC.

https://www.theedgemarkets.com/article/malaysian-furniture-council-furniture-exports-18-rm85-billion

Rebound back 2% in a day. Thought can collect at RM20 something...

Plus, the management remains positive over outlook of the company

It's a good to collect some at this moment in my opinion

More cheap price to collect?

Excellent results were presented and just a matter of time for Sernkou to break 70 cents

Their Q1's revenue and net profit increased 17% and 56% QoQ respectively. What an excellent results as we expected

Banking sector continues to display positive momentum after political impasse had been settled

Venturing into upstream business does help Sernkou attracting certain investors

On the way back to the price of 70 cents~

Wow. RHB so optimistic over KLK future outlook

Seems like hard to average at the price of 65 cents. Positive momentum for Sernkou will carry on

Sernkou start moving towards 70 cents. Nice~

KLK's revenue up 0.3% whereas net profit dropped 17% QoQ. It seems like most of the plantation sectors announced a drop in earnings for that quarter

Average again if it reached 65 cents...Continue to observe the price activity

Seems like Sernkou moving quite stable at its supporting line

Affected a bit by SIMEPLT's lower earnings in Q3 results

Let's see got any discounted prices to collect today.
Market is quite stumbling today due to political instability

The banking sector has remained relatively stable in the aftermath of the political uncertainty

@triplex3mob. Yup, Sernkou delivered outstanding results for FY2022. This company will continue to present us their good business performance

Only two more days for KLK to present their Q4

By the way, happy voting this Saturday ; D

Still holding tight and looking forward to Sernkou's Q1 results announcement this month

Next Wednesday KLK is gonna release their Q4 results

I vote for mother share because more stable and safer. Their warrant is going to expire on March next year by the way

Need to help pushing their votes before this Saturday?

Continue to monitor the price movement when Sernkou announce better than estimated Q1 results

Strong support at the price of 70 cents there

Wonder why EPF kept disposing KLK...Need fund for election? Hehe

USD index drop to 106 something, but Sernkou still floating firmly at 71 cents there. Quite steady

Waiting for Maybank's Q3 result. It will better than its Q2 I estimated

But good for overall market though

The other issue, I believe, is that the USD's strength has gradually weakened

Wait KLK breaks Rm22 1st

Let's see if got cheap price to average on the mother share before they finished converting all the warrants