Public bank's call for SD today is really true

Let see if SD can reach again 0.44 this week



PUBLIC BANK
Stock : SERBADK Price Target : 0.44 | Price Call : HOLD
Last Price : 0.42 | Upside/Downside : +0.02 (4.76%)

The silent dragon in banking - Public Bank

Posted by Sailangking > Aug 24, 2021 4:41 PM | Report Abuse

Welcome back "Legend"/////////////

Today Public Bank's performance is tremendous.

0.17 increment

Posted by bullmarket1628 > Aug 24, 2021 11:43 AM | Report Abuse

Wow, Super damn hot man PBBank today !
Now PBBank already traded at=> 4.05 +0.11 +2.8%

Huat ah, Heng ah, Ong ah !

Last price is 0.42 for today

Posted by hanna20 > Aug 24, 2021 4:34 PM | Report Abuse

Today closing at 0.425 is actually good performance for today

Posted by tomtom > Aug 24, 2021 4:33 PM | Report Abuse

SB frustrated again. .closing time.. buangkan udara., normal style

The price might reach 4.00 by end of this month.

: [PBBANK]: PUBLIC BANK BHD

Last Price Today's Change Day's Range Trading Volume
3.94 +0.02 (0.51%) 3.92 - 3.96 17,167,500
10,969 comment(s). Last comment by wolfbroker at Aug 23, 2021 8:59 PM

Public Bank continue having good profit.

But only their price not showing that good performance.

Posted by tollebunsmith > Aug 23, 2021 1:16 PM | Report Abuse

Revenue this qtr: 4.9 bil (my estimation)

I thought when UMNO MP has been appointed as PM, the SD price should increase.

So, SD is UMNO friendly co. no more?

With 36m trades, the price still in the range.

Not so much impact from the appointment of new PM

SERBADK]: SERBA DINAMIK HOLDINGS BHD

Last Price Today's Change Day's Range Trading Volume
0.415 +0.01 (2.47%) 0.405 - 0.42 36,287,400

Yes

The counter start moving up.

Keep on moving!

New Monday.

New business day

Posted by solomolo > Aug 20, 2021 9:39 PM | Report Abuse

orait...start monday lets together make money...haha

Sometimes, this simple action already make the investors and stockholders calm down.

And until now, Karim still showing that he has confidence on SD.

Like or not, i think we have to agree that Karim really know how to handle press and media.

He will give fast response on any issue related to SD

Posted by tyrotry > Aug 20, 2021 3:23 PM | Report Abuse

focusmalaysia.my/karim-sps-rating-downgrade-is-temporary-all-concerns-addressed/

One thing for sure Serba is quick to issue statement for the recent credit rating issues

Nice price to grab.

Ready to queue

Posted by okooi32 > Aug 19, 2021 5:55 PM | Report Abuse

3.60 on the way for good collection

Noted.

Will keep an eye on these counters too. Thanks

Posted by Geek2020 > Aug 19, 2021 4:48 PM | Report Abuse

Ismail’s government expected to have influence from Najib. Najib is pro morotarium, cash handouts and big on infrastructure projects. He will also impose stricter lockdowns and also close factories. Thats why Gamuda, MrDiy and Myeg is up. Banks and Genting is down

With the current progress done by Serba, appointing new good committees, new management, plus with new business coming in, actually they are doing quite well too.

The only thing that will boost up their price later, will be the outcome from EY.

It will give huge impact. Everyone know this

I believe the EY review reports will overcome this.

Who cares on this rating?

Before this, even at B- rating also, many still believe.

Posted by Ryan83 > Aug 19, 2021 5:41 PM | Report Abuse

KUALA LUMPUR (Aug 19): S&P Global Ratings has downgraded Serba Dinamik Holdings Bhd lower to “CCC” from “B-” previously to reflect the company’s sizable debt maturities of some RM1.7 billion within the next nine months.

It also has a negative outlook on the company to reflect its view of the refinancing risk the company faces, given its weakened access to funding, coupled with sizable debt maturing in the near term.

The ratings agency added that they see Serba Dinamik’s challenges surrounding the special independent review and statutory audit to be a roadblock to the company’s ability to get external sources of funding.

“With less than nine months to its sukuk maturity, Serba Dinamik's ability to get external sources of capital hinges on a resolution of the special independent review, a timely completion of its statutory audit, and a restoration of market confidence in the company,” said the rating agency in a statement today.

The ratings agency said while the company has not revised its targeted fiscal 2020 filing, any further delays would mean that the company would be hard pressed to meet its articulated deadline.

It sees this as a “key stepping stone” in dispelling uncertainty and restoring confidence among capital providers.

Serba Dinamik had appointed Nexia SSY PLT as the new statutory auditor of the company in August 2021, while Ernst & Young was appointed as the special independent reviewer of audit issues raised by ex-auditor KPMG PLT in July.

Notably, Serba Dinamik’s stock and bond prices have declined about 75% and 60% to 70% respectively, said S&P.

It does not see the company raising funds from the capital markets in the near term, as it believes that market confidence will take some time to be restored after the resolution of the special independent review and audit.

“In our view, the company's decision to take legal action against the previous auditor, KPMG, further complicates its bid to restore market confidence,” it added.

S&P highlights that in the next nine months, Serba Dinamik has maturing debts that include RM900 million in sukuk, RM700 million in loan amortisation of its long-term bank facilities and short-term facilities, and RM100 million of its commercial paper.

The last reported cash balance as at March 31, 2021 of the company amounted to RM1 billion.

S&P estimates that Serba Dinamik will generate RM300 million to RM400 million in negative free operating cash flow over the 12 months ending June 30, 2022.

Today this counter really surprise us.

Didn't expect it can rise up to 0.10

Tomorrow morning maybe many will selling. Just scalping

No such thing as neutral in this country.

We all know that

Posted by nightfighter > Aug 18, 2021 9:58 PM | Report Abuse

Who will be the next PM? Neutral analysis
https://youtu.be/6PuLtc5H7C4

If the power will be in PN again, no point of changing the PM.

It will be the same.

Waste of time

But the new government will take in charge for at least 1 year.

In 1 year, everything can be happen.

We need proper government now

Posted by Depeche > Aug 18, 2021 1:50 PM | Report Abuse

No need to be happy or sad cos any new govt now is temporary only.... it is the government elected next G.E that matters most.... so vote wisely when the time comes.

Then SD really expecting new PM from BN especially

Posted by InterFund > Aug 17, 2021 9:59 PM | Report Abuse

SERBADK and DNEX are both BN related counters.....

Really?

Which counters?

Posted by Plug > Aug 17, 2021 3:38 PM | Report Abuse

Anwar related counter going up, does any good news for anwar

If looking at today performance, they will hit 4.00 at any time

Posted by Hostage1 > Aug 17, 2021 11:37 AM | Report Abuse

How long will it take to return to rm4 , maybank are back, this stock will not move?

Really good TP at 5.00

Nice

Posted by BigZakar > Aug 17, 2021 2:53 PM | Report Abuse

hit Rm5 ,then sell

Really good to see Maxis still doing good even after what happened today.

Show how strong the Maxis based

0.40 will be the current support for SD.

Let see how long this support can be remain.

At least can hold until we got new PM

I think Pak Karim also must learn from Tony AirAsia.

No matter who is the PM, Pak Karim must make friend.

Good for Pak Karim. Good for SD also

Posted by straightarrow > Aug 16, 2021 9:35 PM | Report Abuse

Pak Karim has been supporting above 0.40, unlikely will drop below this level. Once new PM is confirmed, and EY report is out, SD price will be left to one's imagination. Every coalition needs GPS support to form a new government.

It is really lucrative remuneration

Posted by getingreal > Aug 16, 2021 9:15 PM | Report Abuse

I noted from the notes of 2021 Public Bank AGM by Shak Chee Hoi as quoted above :- Item 4. A number of shareholders were concerned about the directors’ high remunerations. Tay was the second highest-paid CEO among listed companies in Malaysia. In 2020, Tay’s remuneration increased from RM35.6 million in 2019 to RM38.1 million while Tan Sri Dato’ Sri Dr. Teh Hong Piow was paid RM20 million for his advisory role in the company in 2020 (compared to RM40.9 million in 2018).

Good read from The Star on SD

Serba Dinamik upbeat about growing order book
ANALYST REPORTS
Friday, 13 Aug 2021

While no specific value on order book target for 2021 has been given, management had, earlier this year, maintained its optimistic view to grow its order book or at least to maintain its balance order book by the end of 2021, accordng to PublicInvest Research.

PETALING JAYA: The Covid-19 pandemic and existing statutory audit and corporate governance-related issues may have affected Serba Dinamik Holdings Bhd’s bids for projects globally.

However, the company has already exceeded its end-2020 balance order book target of RM15bil despite the global economic downturn due to the Covid-19 outbreak.


While no specific value on order book target for 2021 has been given, management had, earlier this year, maintained its optimistic view to grow its order book or at least to maintain its balance order book by the end of 2021, accordng to PublicInvest Research.

The company had recently secured 15 new contracts, with 10 maintenance projects in Malaysia and Indonesia and five construction contracts in Malaysia and Nepal with total value of RM386.3mil.

The contracts’ lifespans vary, with completion of up to 2025 and the projects are estimated to have a 17% profit margin at the gross level, according to the research house.


“While this development will improve the visibility of its future earnings with order book standing at a healthy RM18bil, we are of the view that issues with regard to its on-going statutory audit, concerns over corporate governance as well as the tight deadline for submission of its 2020 annual report may continue to cloud until the issues are convincingly addressed,” PublicInvest Research said.


The research house had not made any changes to its forecasts on Serba Dinamik for now.

“Our target price of 44 sen is based on a discount of 50% to its trailing 12-month book value of 88 sen and this remains unchanged with a ‘neutral’ rating,” it said.

Even though not reach 0.44, but i think today is the highest price for SD in the past weeks.

Business as usual is showing the positive results now

Thank you

I will monitor and compare maxis with celcom for next week.

Later will decide on which Telco to buy

Posted by whytwocare > Aug 13, 2021 9:25 AM | Report Abuse

Check out the analysis for Maxis here: https://www.youtube.com/watch?v=ykNbNyZjnGE

Please share your other tech counters Mabel.

Would like to follow too

Posted by Mabel > Aug 5, 2021 12:19 PM | Report Abuse

This UWC very volatile compare to Mabel's others Techs selection..

Still Holding...thinking to top up to capitalise on current short consolidation.

Meow

You made your point.

For me, i'll give him some more time to prove himself. Maybe because of this pandemic reason also.

Will keep an eye for the new QR

Posted by themeg > Aug 12, 2021 5:20 PM | Report Abuse

This new CEO cari makan only la...see his face also know already...only know how to talk...sell strategic assets to reduce debts..VT also no eye see already...TP 0.10

Based on what data or news?

Just simply #predictionhappen?

Posted by Mrkingstock > Aug 11, 2021 5:40 PM | Report Abuse

maxis shares going to up another 2-3 weeks
better buy more shares now
#predictionhappen

Maybe this is the impact from the contracts announcement by SD.

But if next week, the EY report can also come out, sure another price boost for SD.

My little opinion

If tomorrow really open at 0.43, definitely all big player will start to join the shopping spree

Posted by jutawansenyap > Aug 12, 2021 6:38 PM | Report Abuse

Tomorrow need to open above 0.43,then technical buyer will PANIC buying.

See.

No interesting point to stay here.

My last comment was on 6 Aug.

Not giving to pak karim.

But giving opportunity to SD. SD has proven as good organization.

The people will come and go.

But SD still there as SD


Posted by straightarrow > Aug 11, 2021 4:33 PM | Report Abuse

Give Pak Karim a chance to resolve all issues, he knows best. You will thank him later. Be patient.

Didn't see any indication of accumulation

But only see price keep going down

Posted by bulldog > Aug 11, 2021 1:55 PM | Report Abuse

Accumulation in progress

Huat chaiii

You buy at 0.39

Later sell at 0.41

Ding ding

Posted by CUTLOST > Aug 11, 2021 3:37 PM | Report Abuse

Waiting buy back again 39cts

Can queue at 0.39

Buy at low

I rarely see he making any statements.

But initially he did bought large amount of stocks too.

Maybe he do really has some planning

Posted by scanluver > Aug 9, 2021 7:55 PM | Report Abuse

Yes, selling hopes and dreams is a hit amongst dreamers and gamblers :D

miniminer Aiyoo...why Jalil so quite now? continue sharing la the plan la, people like the story ma.....hehehe................

What Azmin has been doing for our economy since PH and PN?

He's holding the same position until now.

And nothing improve .

We should change the whole government.

All 70 + 1 ministry cabinets are useless.

Posted by nightfighter > Aug 9, 2021 11:40 AM | Report Abuse

Can our PM change? Well explained. And, that KLCI part! Really true.

https://www.youtube.com/watch?v=_uzAlo-Z6LU&t=276s

Not relevant to KL and Selangor.

If looking to current situation, Klang Valley will be forever in phase 1

I have left telco counters months ago

Posted by Junichiro > Jul 30, 2021 7:39 PM | Report Abuse

Posted by RainT > Jul 26, 2021 9:23 AM | Report Abuse

DIGI or MAXIS

Never hold long term for Msia stocks

cannot play long term in Msia stocks , you will loss money or back to square 1 after many years holding

MSIA & USA is different

Msia dont have competitive advantage

Agree! As I look back, I am happy that I sold all my entire holdings of Maxis at 6.35 even though I should have sold at 6.85. But I was blinded by their dividends until Jibby gave the telcos his ultimate shock treatment. Like Keynes said: "in the long term, we are all dead".

Let put some trust on Tony.

And yes, hopefully AA still there after all this pandemic ends.

Everyone want to fly

Posted by robin5813 > Aug 6, 2021 12:57 PM | Report Abuse

Everything going fine. This month end to next month sure AA price will drop a bit, but is ok AA confirmed will survive.

Covid is not the most big issue for AA, but what government announce that is the most important thing. Now 20k case, do you think government going to announce allow cross state and airflight for those vaccinated 2nd dose? (my answer is not the right time)
And now government still fighting for the Prime minister position......
Moreover month end going announce new report (no ghost, so sure result bad) . But don't worry no 1 will care about it, but confirm price will drop and bounce back.

So don't worry, maybe now AA need to face many issues. But who care? We know AA will survive and grow more bigger after maybe 7-10 years (because in future we know AA will not only depend on airline industry (of course i know AA already started other business, just that need time to grow big big) )

And yesterday, even Sultan of Johore already angry about the late vaccination process by this PN government.

Johore want to buy the vaccines by its own, but KJ said government still can provide accordingly. Yet, the delay is still there.

PH fault also?

Aiyooo

The last day PH handling covid, the last case went out from hospital.

After that what happened?

PN commenced darurat since early of this year, and until now the cases already 20k, but you still talk about PH?

Funny

Posted by InterFund > Aug 6, 2021 2:37 PM | Report Abuse

@BlackPearl we all know PH is the root cause of wuhan virus presence in Malaysia..... PH ministers too slow to close the border............ 3 wuhan virus managed to infiltrate because of them........... that is the main fact................ others you mention there will not happened if the root cause not happened..........

Instead of breaking new world record, they had only made another bad history.

Poor US