@newbie8080
It is not as easy as it sounds. Great volatility in the CPO price will lead to the termination of the customer's contract.

My wild guess is due to the collapse of CPO price.

@snowball2000 End of May

Please understand the reasons behind negative free cash flow for certain companies. It's not necessary that companies with negative FCF are bad companies. :)

There are many reasons for the ridiculous valuation of MY "tech" stocks. 

1. A scarcity of companies that are expanding
2. There are only a few good semicon companies in MY with excellent management.
3. Penang's geographical advantage
4. The customers of our local tech champions are big boys.
5. There is too much capital, but not many good semicon companies available in Bursa.
6. Shxt IB reports.

These are my opinions.

When you compare Inari to OSAT daigor, ASE, clearly there's something wrong with the valuations of Malaysia's "OSAT" companies.

Dear Mr Tan,

My pick for 2022:

MFCB = 30%
SKPRES = 20%
D&O = 20%
PMETAL =10%
FRONTKN = 10%
MYNEWS = 10%

Thank you.

Just buy and hold for at least 3 years.

Since the fall of ATA, I think fund managers in Malaysia will think twice before allocate money to SKP. Even though SKP has a bright future (at least 3 to 5 years of earning growth), but the valuation would not be as lucrative as it was (PE 19x).

@Kang Yao, I think you should account the future fcf into ur valuation. However, I don't think fcf is the real way to value any companies listed in Bursa. Good luck for waiting the market cap drop below 1.5B.

I guess the main reason why investors are selling is because dividend wasn't declared in this quarter. Hence, there will be a discount on the valuation. Mr. Market values MFCB at PE of 10+, by estimating the EPS of the next quarter (excluding one-off gain), RM3.5 - RM3.6 should be the fair value "NOW".

The market is giving discount to the valuation of SKP. I guess PE/G is the right way to estimate the price of a company. I did some calculation on the forward PE of SKP in the current FY with IBs' reports as the reference. Without a doubt, PE 15 should be the normalized value for SKP. Hence, RM1.5+ to RM1.6+ should be the fair value of this stock.

The management guided the NPM for oleo division is ~10% (industrial standard) in the last briefing.

@hopetobecorrect
https://www.youtube.com/watch?v=orLsTUaRZvQ

@capitalist pro

Good article. Keep it up!

wait... drop 50%? What makes you say so?

Is Don Sahong Hydropower Plant parked under intangible asset in the balance sheet?
Anyone knows what's the ROIC of MFCB in FY2020?

4.4billion net cash $.$

Crazy speculations as always, toxxc forum.

Karim just donated 5 million in the share market to show his confidence.

Toxic forum

Toxic comments everywhere haha.
Same as KLSE apps, many 'gurus' came out of nowhere claimed they predicted this long time ago.

Halt for what? Any announcement?
Pls la, no announcement y halt trading?
Plunging of stock price is expected.

800k ur head, noxb.
Go read again Q4 report la.

Report made by PublicInvest analyst:

It is understood that Serba’s external auditor had started its audit process in Oct 2020 and only raised some risk factors that require the Group to provide additional information, as well as additional procedure, in April 2021. Due to the movement restrictions as well as time constraint, Serba faced some difficulty in providing the information on time. Management indicates that it has provided all the required information this month. The appointment of an independent third party auditor is to help provide an independent view to the existing auditor. Given Serba’s global footprint and exposure in various business segments, the independent review is likely necessary. There could be some selling pressure in the short run until this matter is resolved, though we think long term prospects are intact. Management affirms that business is running as usual.

Report made by AmInvest analyst:

From the understanding of management at this juncture, the review does not appear to involve any elements of fraud, bribery or breach of trust. However, management did not reveal the exact nature nor sums involved in these operational issues raised by its own auditor except to say that updates will be made upon finalisation of the special audit appointment.

Who should we trust?
Somemore TP RM0.95 by Kenanga.

Suspend for nothing? Announcement bila nak bagi?
IB analysts keep complaining no clarity on this issue, apa la.
If Karim and his team is serious about this, they should make an official statement stating what is going on.

@OldWiseMan100
My IQ is way too low to understand this.
Can u explain in more detail?

How u know lol. Is it from ur gut feeling?
lmao

Serba Dinamik Holdings Berhad (“the Company”) wishes to announce that the Board of Directors (“the Board”) was informed by the external auditors on some matters pertaining to statutory audit.



The Board is in the midst of appointing an independent firm to commence a special independent review to assess the veracity and accuracy of the matters.



An updated announcement will be made upon the finalisation of the said appointment of the independent firm.



This announcement is dated 25 May 2021.

https://www.theedgemarkets.com/article/palette-seeks-change-name-ucrest#:~:text=KUALA%20LUMPUR%20(Sept%2014)%3A,its%20name%20to%20UCrest%20Bhd.

Old news, but it certainly would help.

Check company announcement. The history would tell.

Dear author, can you justify your statement on "stories heard from managers"?

Market has no idea wat is Karim going to do, neither I. However, I have a strong feeling that Karim is planning something big.

Noobs are bashing Serbadk, it's a good sign for me to buy more. When noobs are praising Serbadk, it's time for me to sell. HAHAHHA

rumors said that this time Serbadk will purchase satellite from foreign company, instead of building their own. collaboration among Serbadk & MYSA & universities is the criteria set by the government

TO THE MOON

https://www.theedgemarkets.com/article/mcmc-implement-projects-provide-satellite-broadband-services-839-locations

PAPA Karim found his way to reward his long term shareholders! <3 愛了愛了

I3 is not a place for us to exchange info, it's a place for random people to quarrel and debate.

It's coming!!!

why bother to tell us how low u sold ur tickets? short term traders always look for low profits, are u one of them?

TO THE MOON.... MAYBE NID WAIT UNTIL CONTRACT SECURED

Signed MOU but no official announcement or news coming out?

wash wash wash all the weak, short term players

Why is this counter still staying in O&G segment? Should Bursa open a new segment for Space business?

Something is really fishy going on here. Everyday before closing 5 min, share price will go up RM0.01.

Come to me, RM8 <3

Share price of Sri Trang and Intco shows how pathetic is Malaysians. Time to move on.

@faralenz77 Pls tell this to EPF, stop using our money to average down.