Any second to break RM9

After the speech from Powell during Jackson Hole Meeting:

https://www.washingtonpost.com/business/2022/08/26/fed-powell-jackson-hole/

USD will get stronger as Powell has strong determination to reduce inflation by raising FED rate

US is going to raise the FED rate until 3.90% by end of this year...Long way to talk about 'booming'...

https://www.bloomberg.com/news/articles/2022-08-10/evans-says-fed-to-raise-rates-into-next-year-to-curb-inflation

@ stkoay Wow. Bold move. ASW means asset swap, right

Strong support at 80 cents. Share price will move up gradually with the continuous strengthening US dollar

Yessss. Any second to break 80 cents

Back to RM8.88?

Nice. Going to break 80 cents sooner or later

CPO price will rise for the year end due to climate change...

Hawkish speech from Powell last week at the Jackson Hole meeting. Seems like good news for banking sector~

Sernkou will continue to perform well and the USD will continue moving strong after the speech of Powell at the Jackson Hole meeting last week

Yup. Sernkou performed very well for Q4 result in terms of QoQ and YoY. Just slightly difference with my estimation. Good job, Sernkou

Very good dividend. Let's Octoberfest

Revenue is estimated increasing around 20% for Q4 compared to last quarter based on my rough calculation~

Seems like most of the plantation companies had announced splendid Q2 results

Yup. Slow and steady win the race. With continuous strong USD and good management teams, Sernkou sure will move towards 80 cents and above in due time

Eyes on 8.88 all over again

Lol. I think climate change will push the foods and raw materials price higher...

That's right. Plus consecutively strong USD sure will push Sernkou further up~

Hm..local institutions had been selling continuously

Nice acceleration. See you at 80 cents

Hm...Looks like it's hard to sustain at RM9

Only GOD know 'when' it will climb up to 80 cents. However, It will move up to 80 cents eventually based on my opinion given Sernkou's prudent management teams and steady business growth

At least the revenue and net profit are better than last quarter. Continue to monitor the price movement ba

Strong USD continues. Sernkou is OTW to 80 cents

Very nice. Keep monitoring the market condition and price activity

No worries. CPO price rises back above RM4k

Just a matter of time for this yellow tiger to break RM9

Moving up steadily and good results of Q4 are expected.

Yup. Still staying strong above 70 cents. Let's look forward Sernkou presenting excellent Q4 result and annual report

Nice. RM9 is OTW

Yup. Let's see how FED will react to decelerated CPI for July 2022. Whether they will reduce the 'strength' of increasing rate or not

Go go go, Yellow Tiger. Break RM9

OTW to RM9

Positive momentum carries on. Excellent Q3 result is expected

True. If US CPI is higher than estimated, FED definitely will increase FED rate next month, and thereby strong USD currency will continue

First half of price adjustment due to Dollar strength slows down a bit I think

The potential merger bank is with Maybank? Hehe

https://www.theedgemarkets.com/article/hong-leong-bank-chairman-weighs-options-stake-bank-sources-say

Seems like positive momentum continues with strong USD trend~

Yup. Statistically speaking

HUAT HUAT HUAT continues

Yup. Big players are coming in gradually. It's just a matter of time for it to fly high

Nice. Flowing strongly at RM8.88

Very good. Strong movement continues

Yup. Seems like USD will continue moving strong as FED stays resolute on increasing rate next month.

https://www.reuters.com/markets/us/feds-evans-backs-50-or-75-bps-hike-september-if-inflation-doesnt-abate-2022-08-02/

Continue to huat~

It will stay strong at RM22 I think...

That's right. Continue to monitor the overall market situation ba

Kudos. This counter doesn't get affect by Pelosi effect. Steady.