the company revenue has been increase from 50-60mil to 290mil since Mr Ho takeover.
As long as they can maintain 3% net profit margin, there is around RM8-9mil per quarter, or RM35mil per annum. Based on a normal PE ratio around 15times, the company value will be RM525mil.

Now market value is RM160mil, there is a room for 200% gain.

Above is my 2 cents opinion, if you have 2-3 years time to wait, why not put RM50k and see whether it become RM30k or RM150k.

Is just a matter of timing.
This company is expanding, and the boss also believe in the future of the company.
Now it is really cheap, because no one believe it can be profitable.
If you buy now and next quarter loss again, there is no much impact on share price, maximum it drop till 16sen, because people already foresee it will loss.
But if it suddenly make profit, then it will attract some short term investor to come in.
If it make profit for continuous 2 -3 quarter, then some big kaki like KYY will come in also.
If it continue profit for more than 4 quarter, then IB and Institution player will come in.
By that time, perhaps it was around 60-80sen level.

CJCEN will start to fly soon.

Posted by Loh Kok Wai W > Jun 14, 2021 2:25 PM | Report Abuse

为什麽 Serdabak 账目凤云 会连累到 KPOWER,SCIB ? 很间单 它们都是同一个老板。。。投资者一定会联想到 这两间又是否有同样的事情发生 ？投资者乘好价先卖，等这凤波过一段时期 稳定了才作打算从新入场。。。。


Main reason is because before Karim join Kpower and SCIB, these two company are very lousy company, share price very low, not profitable.

After Karim join, Serbak awarded a lot of project to these two companies, that why they start to turnaround, profit increase, share price increase.

So if Serbak now is involved in accounting fraud, so very high chances these two company may also involved the same accounting fraud. Plus, majority of the project is come from Serbak, if Serbak project is fake, then all the project it awarded to SCIB and Kpower will be fake also.

Somemore, cash flow is the blood for any organisation. In current situation, it will be very difficult for them to raise fund again, without fund, they company cash flow will be impact severely.

That why, Kpower and Scib is badly affected.

Just wondering, who are the buyer this morning?

I asked around all the investor, 10 out of 10 admit they didn't buy, as all their hand fully loaded with Top Glove, all of them queueing to sell at high price.

I notice 1 things, those who believe in Glove already full hand with Glove, all those hate glove are waiting to buy at RM3.50 and below. So really curious who bought this morning?

Tomorrow Ruberrex should be able to outperform TopGlove.

TOPGLOVE US increased 65% d, now is USD7.38.

Yup, must hold tight tight... Once the engine start again, you will see it at RM2.00 d

Back to march 2019, Ruberrex only have 4,529 shareholder, now got 27k shareholder, it really attract many retailer swim inside.

Lukesharewalker , based on the Annual Report , the statement of shareholdings as at 26 March 2021, Rubberex have total 27,396 shareholder.

Out of this 27,396, 20898 person is holding less than 10,000 units share.
These group of people are the small retailer (ikan bilis), they hold around 10% share.

Then the 2nd group is holding 10,000 - 100,000 share, total have 5,987 people, they hold 20% share. This are the middle income group (ikan siakap), in average they hold 27,000 shares per person in Ruberex.


Then 3rd group is holding 100,000 - 1,000,000, they have around 400 person only. These group are the real investor, they hold 12% of the share.

The last group are the big share and founder, only 27 person, they hold 1,000,000 and above, they hold 58% of the share.


From the above, you can see the 1st group and 2nd group have total around 26885 person.
All these are the small retailer that haven't wash out from the game.

Support Ben Tan

To be honest, If you really think this Marine Fuel Bunkering business can make big money, please look into STRAITS LOGISTIC.

STRAITS has venture into this Fuel Bunkering business 2-3 years ago, and its quarter revenue has increase from Rm50mil per quarter to RM300mil per quarter. However, the company is making very little profit, RM1-2mil per quarter.

STRAITS market cap is RM164mil, it has cash in hand around RM30mil, and quarter revenue RM300mil.

TECHFAST market is RM121mil, very little cash, and quarter revenue RM12mil.

STRAITS has many MNC companies as their direct customer (i.e. Petronas, Repsol, Armada..etc), while TECHFAST has paper contract from Wise Marine Pte Ltd.

If you go to google Wise Marine Pte Ltd, this company seems like don't even have a website, and its paid up capital only SGD100,000. How can a company with paid up capital SGD100,000 award a Billion value contract?

Although I not like Uncle KYY, but I like PPHB. This is really one of the undervalue GEMS in Bursa.

PPHB is the Best

Texchem normally not given dividend, because its debt level is high. So it need cash to pare down its debt.

We buy Texchem for few reason :-

1) Share price is 50% of its NTA
2) Market cap now is RM118mil, PAT is around RM30-40mil.
3) Market cap is RM118mil, quarter revenue is RM260mil, annual revenue is RM1bil.
For a company that doing RM1bil business, the market capital only RM118mil, it is very very undervalue.
4) Chemical business - we foresee chemical industry will be doing very well this two year (i.e. PCHEM, LCTITAN, HEXTAR, LUXCHEM, NYLEX, ANCOM...etc), all Chemical business are doing very well, including Texchem. And Texchem is the cheapest among them.
5) Bonus issue, based on current reserve, the company can anytime announce 1:2 bonus issue.
if company continue to earn more profit for the next 3-4 quarter, then it can announced 1:1 bonus issue.

Back to 15 years ago, when I first started trading in stock market.
I start with good fundamental stock, at tat time I buy good share like bank, plantation...etc. I read a lot of book, and I hope I can become Millionaire in 10 years.

But then, after half year, I realised my counter all are stagnant, the price didn't go up or go down too much. And I see other people is earning a lot from penny stock, especially those MESDAQ (or ACE Market).

So I start to dispose my good counter, and channel my money to those penny stock. When the market very hot, everyday marketi is goreng penny stock, every week got new trend, I buy a lot of penny stock, and earn a lot of money.

The more I earn, the more I buy. Initially just buy 50,000 units for each counter (assume 10sen per counter, so 50,000 x RM0.10 = RM5,000), and my portfolio have 8-10 counter like this.

At that time, almost everyday I am making money, RM1000- RM2000 per week.. Then slowly slowly my investment getting bigger, each counter become 100,000 - 200,000 unit, then my profit also increase to RM3,000 - RM5,000 per week

Few months later, my holding of each counter can up to 500,000 units - 1,000,000 units, and my target profit is no longer earn RM3000-RM5000, I am targeting to earn RM20,000 - RM30,000 per week. At that time, Millionaire is no longer a target, as I am very close to it, as long as I can continue to make so much money from market, I can become Millionaire within 2-3 month. So I set my target to become RM10 Million within 3 years.

At that time, the more penny stock you hold, the more profit you make.. So I hold a lot, I borrow money from all source, personal loan, contra, fren, relative, no matter they are loss making company or PN17 company, the cheapest the share price, the higher return you can make.

Suddenly, a crisis come, all share drop. So all the goreng activities disappear from market, all my penny stock become no volume, and price drop to the bottom.

At that time only you realized, your entire Portfolio is full with Rubbish Stock, and all these Rubbish stock price is drop at least 70% from your purchase price (i.e. You bought at 10sen, now the market price is 3sen), and most killing part is they do not have volume.

Each day, no matter how hard you try to sell your share, no one buy from you, the daily volume is 100,000 - 200,000 only per counter, and you are holding 1,000,000, if you throw it to market, the share price will drop to 1 sen perhaps.

As these are rubbish stock, they have no chance to recover. Unlike good fundanmental stock, when it drop, you no need to scare, as once market is back, its share price will recover.

So during that period, I saw many investor facing huge loss like me.. But after 2-3 years, they all very happy d, as their share price have back to higher level, while my one still remain at rubbish price, or some have been suspended or delisted.

I am working very hard (even saturday and sunday), to earn more money for me to acquire more Rubberex.

My target EPS for FY21 is 40sen.

Now Q1 already 10.50sen.
Most likely Q2 have 12.00sen
Then Q3 have 10.50sen
and Q4 have 9.50sen.
Total around 42.50sen (anything above 40sen is consider very good d)

Don't worry, I think by end of the year, QL, GENM, MR DIY will be drop out from KLCI again.

The Supermax & Kossan & Inari will join KLCI again.

For me, MR DIY really not worth that kind of valuation, they are just a group of smart banker that playing around, the market float are so little, this share is cornering by them. The share price is not worth RM4.00, it only worth RM1.20 - Rm1.50.


GENM, I believe it can only start recovery on 2022 or 2023.

QL, after Family Mart, there is no more catalyst for this company.
The growth is too slow and steady, it cannot attract new fund especially the youngster.

Too late lah Uncle... Last year I already told you to buy Leonfuat, when share price still below 50sen.. Now only you call buy, too late Uncle.

感觉市场开始慢慢回来了。
希望这一两个月大家持有的股票慢慢涨上来。
只要你觉的这是个好公司，就继续持有吧。
套句冷眼的名句：-
有成长，不要卖。
成长长，长持有。
加油。

感觉市场开始慢慢回来了。
希望这一两个月大家持有的股票慢慢涨上来。
只要你觉的这是个好公司，就继续持有吧。
套句冷眼的名句：-
有成长，不要卖。
成长长，长持有。
加油。

感觉市场开始慢慢回来了。
希望这一两个月大家持有的股票慢慢涨上来。
只要你觉的这是个好公司，就继续持有吧。
套句冷眼的名句：-
有成长，不要卖。
成长长，长持有。
加油。

感觉市场开始慢慢回来了。
希望这一两个月大家持有的股票慢慢涨上来。
只要你觉的这是个好公司，就继续持有吧。
套句冷眼的名句：-
有成长，不要卖。
成长长，长持有。
加油。

感觉市场开始慢慢回来了。
希望这一两个月大家持有的股票慢慢涨上来。
只要你觉的这是个好公司，就继续持有吧。
套句冷眼的名句：-
有成长，不要卖。
成长长，长持有。
加油。

感觉市场开始慢慢回来了。
希望这一两个月大家持有的股票慢慢涨上来。
只要你觉的这是个好公司，就继续持有吧。
套句冷眼的名句：-
有成长，不要卖。
成长长，长持有。
加油。

感觉市场开始慢慢回来了。
希望这一两个月大家持有的股票慢慢涨上来。
只要你觉的这是个好公司，就继续持有吧。
套句冷眼的名句：-
有成长，不要卖。
成长长，长持有。
加油。

感觉市场开始慢慢回来了。
希望这一两个月大家持有的股票慢慢涨上来。
只要你觉的这是个好公司，就继续持有吧。
套句冷眼的名句：-
有成长，不要卖。
成长长，长持有。
加油。

When you realized that the share you bought at 90sen++ was sold by KWAP, would your pants wet?

Intco management will not walk the talk one... just simply blow how many new plant going to expand, want to increase capacity how many times...etc, then management secretly their share to public.

Unlike TSLWC, always forked out his own pocket money to buy company share, as he really think the company is undervalue and the future share price will go higher.

Raiz368, for me, I would say the Theme for Plantation is haven't start yet. When it start, all the plantation stock (big cap or small cap) will at least surge 100% or more from their current price.

when margin call will kick in ya?

Haha, I also cannot differentiate what is good news what is bad news d.

When HK listing approved, people said good, china fund is coming in.
When GK listing rejected, people said good, no EPS dilution.

Although I don't have Serbadk, but I sincerely hope this Serbadk can make a lot of punter / trader / investor make handsome profit, so that market can have more hot money to goreng goreng other stock.

If everyone loss money everyday, very soon the entire Bursa will be like dead fish.

I miss the good time last year, whereby everybody make big money from Glove, after gain from glove, they start invest more on other sector like IT, Steel, Banking, Recovery..etc. The money keep roll n roll.

IMHO, Harta is the best in class in terms of quality, SOP, labour treatment, procurement, integrity.

If US CBP really impose WRO on Harta, then I will really doubt the intention or integrity of US CBP.
Because if such a high compliance standard company also cannot meet the requirement of CBP, how can other manufacturer such as WRP, HARPS, Riverstone, Sri Thrang, Intco...etc can meet, I think none of them dare to stand out and said their compliance is better than Harta.

Bro, expected result la..
I never put big hope to TDM one, as long as losses not exceed RM10mil is considered within expectation d.
As long as CPO price can stand above RM3500, coming quarter result should be better.

All this while people thought Karim is the main brain, and Awang is just a follower. Now, it seem like Awang is smarter than Karim.

That why, never put all egg into same basket.
Risk management is important, concentrate can make you earn fabulous return, but when things go in different direction, it will take your whole life saving.

lchits, this Dato always talk cock 1.

You can buy the share, and waiting for syndicate to goreng.
But never put hope on their business, it will never turnaround.

You know there are so many F&B takeaway & delivery system / platform in the market d, where got space for Digista?

All the big player are still on burning money stage, food panda, grab food all are still burn money. Everyday give you free voucher, free delivery.. you thought all these promotion is come from the merchant? No, all promotion is funded by the platform, which mean grab / foodpanda is the one funded for it. How much digista have budget to play this game.

Grab / Foodpanda / Shopeepay / TNG there all allocated RM100mil++ for promotion & rebate, how much digista can offer? RM2mil or Rm3mil?

Same for the CCTV business, no one will spend Rm100-200 per month to subscribe for this services. Now every house just buy the Xiaomi / HK vision CCTV from shopee and install on their own, with cost around RM100-200 only, can last for at least 1-2 years.

The right issue just raised RM13mil, just enough to pay his n his family salary, 1 year RM3mil, maybe enough for 3-4 years la. Beside that, Dato still have personal Orchard Wellness resort also need a lot of money to support, probably need to burn another 2-3mil from Digista to subsidy that resort business.

Frankly speaking, if I am a fund manager, 100% I will throw all the Sebardk share on Monday, why?

1) If I throw, when the share price go lower, it proof my decision is correct.

2) If I throw, when the share price go higher, it is not my fault, as I just act according to policy, we should hold any share that have integrity problem.

3) If I not throw, when the share price go lower, everybody will blame me, as I didn't act according to the policy, I might loss my job.

4) If I not throw, when the share price go higher, no one will say thank you to me (but you know la, the chances to go up is less than 1%).

So, why should I risk my job, I sure will opt to throw.

Why public invest in Glove Stock when Full Lock Down?

1) When Government implement full lockdown, most of the business will be affected, and more than 70% of the Bursa listed company will be affected as well, especially those recovery stock. When they are affected, investor will foresee their coming quarter result will be bad. Hence, many investor will pull out their fund from these recovery stock. As a share investor, when you sell 1 stock, you seldom will take out the money and save into bank, you will immediately buy another stock which has less / minimal impact from the full lock down. So Health care sector is one of their first choice, as healthcare business are essential business, they can continue to operate during full lock down.

2) As you can see, most of the western country are start opening up their border, and all industries are back to normal. After this pandemic, people awareness on health have increase, many industries that previously never use glove has start to use glove regularly, such as massage, facial, saloon, food preparing...etc. This is so call the new normal after pandemic. I remember I have study a report last year, the journal foresee the demand of glove will surge when all economy sector start to open. Now it is a good timing for glove sector in Malaysia, when all other industries lock down, raw material will become cheaper, shipment to export will be ease also, worker shortage can be solved also (as previously many factory are paying high salary to grab worker, especially those contract worker with low skill required, such as packaging)

Why public invest in Glove Stock when Full Lock Down?

1) When Government implement full lockdown, most of the business will be affected, and more than 70% of the Bursa listed company will be affected as well, especially those recovery stock. When they are affected, investor will foresee their coming quarter result will be bad. Hence, many investor will pull out their fund from these recovery stock. As a share investor, when you sell 1 stock, you seldom will take out the money and save into bank, you will immediately buy another stock which has less / minimal impact from the full lock down. So Health care sector is one of their first choice, as healthcare business are essential business, they can continue to operate during full lock down.

2) As you can see, most of the western country are start opening up their border, and all industries are back to normal. After this pandemic, people awareness on health have increase, many industries that previously never use glove has start to use glove regularly, such as massage, facial, saloon, food preparing...etc. This is so call the new normal after pandemic. I remember I have study a report last year, the journal foresee the demand of glove will surge when all economy sector start to open. Now it is a good timing for glove sector in Malaysia, when all other industries lock down, raw material will become cheaper, shipment to export will be ease also, worker shortage can be solved also (as previously many factory are paying high salary to grab worker, especially those contract worker with low skill required, such as packaging)

Why public invest in Glove Stock when Full Lock Down?

1) When Government implement full lockdown, most of the business will be affected, and more than 70% of the Bursa listed company will be affected as well, especially those recovery stock. When they are affected, investor will foresee their coming quarter result will be bad. Hence, many investor will pull out their fund from these recovery stock. As a share investor, when you sell 1 stock, you seldom will take out the money and save into bank, you will immediately buy another stock which has less / minimal impact from the full lock down. So Health care sector is one of their first choice, as healthcare business are essential business, they can continue to operate during full lock down.

2) As you can see, most of the western country are start opening up their border, and all industries are back to normal. After this pandemic, people awareness on health have increase, many industries that previously never use glove has start to use glove regularly, such as massage, facial, saloon, food preparing...etc. This is so call the new normal after pandemic. I remember I have study a report last year, the journal foresee the demand of glove will surge when all economy sector start to open. Now it is a good timing for glove sector in Malaysia, when all other industries lock down, raw material will become cheaper, shipment to export will be ease also, worker shortage can be solved also (as previously many factory are paying high salary to grab worker, especially those contract worker with low skill required, such as packaging)

Why public invest in Glove Stock when Full Lock Down?

1) When Government implement full lockdown, most of the business will be affected, and more than 70% of the Bursa listed company will be affected as well, especially those recovery stock. When they are affected, investor will foresee their coming quarter result will be bad. Hence, many investor will pull out their fund from these recovery stock. As a share investor, when you sell 1 stock, you seldom will take out the money and save into bank, you will immediately buy another stock which has less / minimal impact from the full lock down. So Health care sector is one of their first choice, as healthcare business are essential business, they can continue to operate during full lock down.

2) As you can see, most of the western country are start opening up their border, and all industries are back to normal. After this pandemic, people awareness on health have increase, many industries that previously never use glove has start to use glove regularly, such as massage, facial, saloon, food preparing...etc. This is so call the new normal after pandemic. I remember I have study a report last year, the journal foresee the demand of glove will surge when all economy sector start to open. Now it is a good timing for glove sector in Malaysia, when all other industries lock down, raw material will become cheaper, shipment to export will be ease also, worker shortage can be solved also (as previously many factory are paying high salary to grab worker, especially those contract worker with low skill required, such as packaging)

shearer202, this glove factory is not listed company.

大佬好耶！果然是大佬

Why people willing to throw tonnes of money go to buy Bitcoin, Dogecoin, Sedania, Jetson, Dataprep, Ucrest, Adventa, why don't want buy Ruberex?

Wow... even such a fabulous result and good prospect also cannot push the share price up.

Bravo bursa malaysia, all the fund manger sleeping, institution sleeping, EPF sleeping.

Sales increase from Rm153mil to RM175mil, this show an increase of RM22mil.
PBT increase from RM74mil to RM112mil, this show an increase of RM38mil, even minus the one off gain of RM5.9mil, still have RM32mil.

As PBT increase more than Revenue, it proof that either ASP is increase, or Cost is reduce due to more efficiency production of the new production line.

COGS = RM175mil - RM112mil = Rm63Mil.

RM63mil divided by (2.5bil / 4 quarter) = RNM.10 per pcs.

RM175mil divided by (2.5bil / 4 quarter) = RM0.28 per pcs

RM0.28 x 100 per box = RM28 per box.

Then convert to USD, become USD7.00 per box, or USD70 per carton.

** The above just a brief calculation, as rubberex has other type of glove production, so the above calculation may not be accurate **

Can anyone confirm that the RM1.1mil compensation has been reflected in current QR or yet?

长钢老二正式回归。
长期被低估的南达钢铁将在星期四重新出现在十大涨幅板。