Posted by sasopi87 > 2013-09-02 19:16 | Report Abuse

buy on rumours and sell on news.................

Posted by Anthony Jin > 2013-09-03 09:08 | Report Abuse

then u better see what is the price now,and if the company got politic connection ,do u think the company will lose money,it wont,the company will easilly get project from the government,so the share price sure will increase

Posted by BursaMalaysiaI > 2013-09-03 09:08 | Report Abuse

We recommended this counter when it was .325 on 22/7/2013
For more business news please follow us on twitter @bursamalaysiai
Thank you

Posted by tomok81 > 2013-09-03 09:12 | Report Abuse

SERSOL Mohamed Ridzuan's Appointment As Sersol MD Fuels Speculation Of Takeover
« Reply #162 on: Today at 09:00:26 AM » Quote

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Mohamed Ridzuan's Appointment As Sersol MD Fuels Speculation Of TakeoverBy Mohd Iswandi Kasan Anuar[/color]
KUALA LUMPUR, Sept 2 (Bernama) -- Mohamed Ridzuan Nor Md, who has been appointed the new managing director of Sersol Bhd, is keeping mum on talks in the market that he is taking over the company.

Sources said that Mohamed Ridzuan was on the verge of buying a controlling stake in the company and this gained traction following an announcement on Bursa Malaysia that he replaced Tan Fie Ping as group managing director of the listed paint maker.

When contacted by Bernama on Monday, Mohamed Ridzuan said: "Let me settle in first at Sersol. I am unwilling to comment on speculation.

"The business is there. The potential is there. We are in a sector which is growing by the year. What I intend to bring to Sersol is the will to go the extra mile," he said.

He estimated the Malaysian paint industry to be worth between RM1.5 billion and RM2 billion a year.

Sersol is the only public listed company on Bursa Malaysia whose core business is in the conventional paint sector.

"I will be hitting 35 years soon. I think it's the right time for me to come to the forefront," Mohamed Ridzuan said.

He said that he had read foreign research reports on Sersol such as the one from SADIF-Investment Analytics SA and even though it had upgraded the stock, the underlying tone of the report was that the management needed improvement.

According to the latest filings on Bursa Malaysia, Tan was listed as Sersol's alpha shareholder, owning 35 per cent of the company.

Tan has been a net seller of Sersol shares recently. Since May, Johor-based Tan has disposed of more than five per cent or 20 million Sersol shares in the open market based on Bursa Malaysia filings.

Sersol is the country's second best performing stock, after Hong Leong Capital Bhd.

Commenting on Mohamed Ridzuan's move into the company, Mercury Securities head of research Edmund Tham, said: "Nothing he has done in the past, seems to indicate that he will take up an appointment just for the sake of being appointed. He moves into a company when the prices are low, and has a knack of selling at the best price."

Bursa Malaysia's website shows that Mohamed Ridzuan is the co-founder of Petrol One Resources Bhd, the first listed oil and gas storage provider in the country. He exited from Petrol One some two years ago.

Since 2011, Mohamed Ridzuan has been the executive director of public listed Cworks Systems Bhd, owning 12.7 per cent of the computerised maintenance management system specialist.

-- BERNAMA

Posted by yusriy69 > 2013-09-03 09:43 | Report Abuse

i agree with sasopi87 be careful. buy on rumor and sell on news may apply as well.

Posted by matrix109 > 2013-09-03 14:50 | Report Abuse

dumping the share now!

Posted by khalidhusni > 2013-09-03 15:13 | Report Abuse

Wow, went down to 0.73 just like that.

Posted by beginer > 2013-09-03 15:19 | Report Abuse

This guy is the son of X remiser.

Posted by khalidhusni > 2013-09-03 15:59 | Report Abuse

X remiser or X minister??

Posted by jaafar daud > 2013-09-03 16:20 | Report Abuse

Heard tomorrow 4 Sept signing ceremony. may boost the counter.

Posted by beginer > 2013-09-03 16:27 | Report Abuse

He is also the son in law of Dato Elias bin Abdullah Ng
Ed Kimara securities
Dir. Amanah saham Kedah

Posted by khalidhusni > 2013-09-03 16:29 | Report Abuse

I think will further go up.. If there really is this signing ceremony.

Posted by khalidhusni > 2013-09-03 16:30 | Report Abuse

Can see the stochastic n rsi have been re-energised..

Posted by 33448923 > 2013-09-03 17:14 | Report Abuse

tomorow can fry again

Posted by Anthony Jin > 2013-09-04 09:59 | Report Abuse

push down the price and push up again ,nice movement and tactic

Posted by khalidhusni > 2013-09-04 14:49 | Report Abuse

Go go sersol

Posted by danet7882 > 2013-09-04 15:19 | Report Abuse

* Deputy Finance Minister Ahmad Maslan witnesses MoU signing between Kumpulan Sersol Bhd and
Malay Contractors' Association Malaysia, Room Starhill 5, Level 3, JW Marriott Hotel, Kuala
Lumpur

Posted by danet7882 > 2013-09-04 15:22 | Report Abuse

Does this mean takeover has been done.. and sersol now recognized as bumiputra company??

Posted by khalidhusni > 2013-09-04 15:34 | Report Abuse

Where did you get that? Does this mean price gonna boom?

Posted by khalidhusni > 2013-09-04 15:36 | Report Abuse

Just got it via google - http://www.theedgemalaysia.com/business-news/253134-sersol-inks-mou-to-supply-1malaysia-decovative-paint.html

Posted by khalidhusni > 2013-09-04 15:40 | Report Abuse

Damn, MD baru masuk sudah dapat contract govt.

Posted by danet7882 > 2013-09-04 15:48 | Report Abuse

cat 1malaysia...

Posted by danet7882 > 2013-09-04 15:49 | Report Abuse

meaning all government project must use sersol's 1Malaysia Paint...

Posted by khalidhusni > 2013-09-04 16:10 | Report Abuse

Does mou consider as agreement or just a proposal?

Posted by danet7882 > 2013-09-04 16:18 | Report Abuse

more like a gentlement agreement... not legally bounded.. but in Malaysia it's exceptional.. have to see who is signing it... :P

Posted by onglah > 2013-09-04 18:05 | Report Abuse

y down , not up. bcoz T3, any news?

Posted by kingdevil > 2013-09-05 01:29 | Report Abuse

hope tomorrow can shoot up...

Posted by khalidhusni > 2013-09-05 10:14 | Report Abuse

In news again - http://www.thestar.com.my/Business/Business-News/2013/09/05/Sersol-eyes-bigger-market-share.aspx

Posted by JTFX > 2013-09-05 10:28 | Report Abuse

Tan Sri Nor Md Yakcop..ex BNM head trader..ex special economic adviser n architect of the RM peg ..capital controls w Dr. M..Former Finance MInister II..ex Penang MP for Tasik Glugor ..now Khazanah BOD..

Posted by khalidhusni > 2013-09-05 15:42 | Report Abuse

Game over alreadyla.. I think..

Posted by danet7882 > 2013-09-06 11:51 | Report Abuse

or maybe the game have just started.. 1malaysia paint wor.. baru announce ikan bilis aje.. they are also seeking to be listed in Petronas paint panelist.. with all the government project, which construction project doesn't use paint?

Posted by danet7882 > 2013-09-06 11:52 | Report Abuse

there's future in this counter.. morever losses made last few years can be easily turn around by this paint project..

Posted by JTFX > 2013-09-06 20:38 | Report Abuse

this one is the paint industry equivalent of... SapuraKencana for O&G contracts....

Posted by kudakilat > 2013-09-10 09:57 | Report Abuse

paint , houses , offices .. need paint .... ;-)

Posted by nicky > 2013-09-11 20:15 | Report Abuse

TP RM1.10

Posted by anbz > 2013-09-13 15:16 | Report Abuse

apa pasal ini sersol ? dah hilang akal ke?..because nor yaakob punya anak ada dalam ini sersol...all government contract MUST NOT be awarded to sersol...rakyat didahulukan pencapaian diutamakan...if not...better use malaysia boleh slogan

Posted by trustme932 > 2013-09-13 15:27 | Report Abuse

chart shows v strong uptrending pattern...c 0.90 hit soon.

Posted by trustme932 > 2013-09-13 15:31 | Report Abuse

(formerly 55880955}...0.84 res will be defeated n buyers will march towards 0.90 soon.

Posted by selamba > 2013-09-13 17:46 | Report Abuse

next week...1.00 brooo............buy2222

Posted by nicky > 2013-09-13 23:35 | Report Abuse

Engine started.....vroom...VROOM.....

Posted by hiddengem > 2013-09-14 06:37 | Report Abuse

trustme932 I dont quite understand why u r so interested in a 'GORENG' stock with negative FA record.
Its quarterly report on consolidated results for the financial period ended 30/6/2013 against 30/6/2012

Revenue RM4.16mil / RM5.45mil
Losses -RM703,000.00 / -RM210,000.00
EPS -0.37 sen / -0.40 sen
PE Ratio Negative / Negative
NTA RM0.09 / RM0.10

I presume u r observing fr the TA point of view, n strongly believe the uptrend signal has been sighted on yr chart, despite having being overbought; n yr entry is solely for short-term gain.

Brother Woo this is just for the purpose of sharing on yr TA analysis regarding SENSOL n to gain experience n to learn fr u. TQ

Posted by CityTrader > 2013-09-14 11:14 | Report Abuse

If trustme932 is a hardcore ta, then financial reports indicating profit or loss mean nothing to him. His indicators are chart n trend. I personally like goreng counters as if we r careful, we can make alot of rm.

Posted by trustme932 > 2013-09-17 09:43 | Report Abuse

hiddengem...juz for goreng only,the person sitting on the top of this company is the son of the vice chairman of Khazanah n chart looks supportive with uptrend channel line broken on the upside.Juz like uems ct i bot at 0.125,also for goreng only ahead of UMNO GA,Both the mother n son shares r at low end n shud c a strong rebound for both.

Posted by trustme932 > 2013-09-17 09:52 | Report Abuse

my tp is 0.90 n stoploss on a break of support 0.84.

Posted by trustme932 > 2013-09-17 10:14 | Report Abuse

citytrader...i do look at fundamentals of every stock which of interest to me after analysing the charts,then,i wud ask myself if it is for goreng or for med term investment.

Posted by money88888 > 2013-09-17 11:01 | Report Abuse

0.9 is not a stopping point....

Posted by danet7882 > 2013-09-17 11:17 | Report Abuse

agree with money88888..

Posted by trustme932 > 2013-09-17 14:13 | Report Abuse

MONEY888...the 0.90 is my upside objective for breaking out of 0.83-0.835,thats y i suggest a stop at 0.84 which if breaks below,will have to reassess.

Posted by hiddengem > 2013-09-17 15:05 | Report Abuse

trustme932 Will it break 0.90 today? Best of luck.

Posted by trustme932 > 2013-09-17 15:12 | Report Abuse

hiddengem...think the most we c 0.915...money88888 thinks 0.90 is not a stopping point.whatever i will reenter if i c any correction after hitting my profit target..with 1st stop at 0.8350..to be exact.A close below 0.78 will turn ugly.Upside hard to c where is the top for short-med term.