SERN KOU RESOURCES BHD

KLSE (MYR): SERNKOU (7180)

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Last Price

0.87

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


5 people like this.

3,672 comment(s). Last comment by seamaninvest 2 days ago

Posted by Gerald Liew Wei Han > 2022-01-31 21:25 | Report Abuse

This company.. much potential to be seen.

Obviously the shares had been cornered, wanted to spike when whole market talk about wood prices. Added another 20k units today.

Hopefully they will give angpao!

Posted by ▢ The Box Man > 2022-02-01 10:12 | Report Abuse

how come not many people talk about this company?

4dking777

403 posts

Posted by 4dking777 > 2022-02-04 10:45 | Report Abuse

Hidden GEM !

Posted by triplex3mob > 2022-02-05 16:17 | Report Abuse

Not many people talking but price steadily rising, what does this tell you?

4dking777

403 posts

Posted by 4dking777 > 2022-02-06 12:25 | Report Abuse

0.70-0.80

4dking777

403 posts

Posted by 4dking777 > 2022-02-06 12:26 | Report Abuse

This year got chance 1.00

Posted by triplex3mob > 2022-02-07 15:29 | Report Abuse

retracement today, volume still pumping

Posted by triplex3mob > 2022-02-07 15:30 | Report Abuse

will reach RM 1.00 before Q3

Posted by theonestock > 2022-02-09 13:22 | Report Abuse

Sounds good. After did some research, found that this company is quality. Need more exposure only !

4dking777

403 posts

Posted by 4dking777 > 2022-02-09 18:45 | Report Abuse

Not only a wood company, they also do furniture and have influence in both upstream & downstream

TeckGor

78 posts

Posted by TeckGor > 2022-02-10 14:28 | Report Abuse

Very good All Rounder company, next rocket star

4dking777

403 posts

Posted by 4dking777 > 2022-02-11 15:57 | Report Abuse

Short term TP = RM 1
TP for end of 2022 = RM 1.5

4dking777

403 posts

Posted by 4dking777 > 2022-02-11 15:58 | Report Abuse

fast profit TP = 0.80-0.85

Posted by triplex3mob > 2022-02-14 17:07 | Report Abuse

SERNKOU still have the strongest play among the wood company in bursa

TeckGor

78 posts

Posted by TeckGor > 2022-02-15 11:32 | Report Abuse

queue some at 0.75, hope can get before end of today

UCanDoIt

91 posts

Posted by UCanDoIt > 2022-02-15 12:27 | Report Abuse

Slow and steady

whaleing

253 posts

Posted by whaleing > 2022-02-15 16:47 | Report Abuse

congrats to those accumulating since 0.65, good news coming ahead to sernkou

4dking777

403 posts

Posted by 4dking777 > 2022-02-15 17:15 | Report Abuse

you mean good news are pushing sernkou today?? what type of good news? good profits or insider news

whaleing

253 posts

Posted by whaleing > 2022-02-15 18:23 | Report Abuse

all i can say is something good is happening soon, wait for it :)

Posted by biscuitboy96 > 2022-02-16 09:12 | Report Abuse

how good is good ? hahhaa... Actually quality stock like sernkou.

Don't need volume, don't need much, Slowly slowly pick up is the best. Long term can beat liihen also.

Is just matter of time.

4dking777

403 posts

Posted by 4dking777 > 2022-02-16 09:42 | Report Abuse

Furniture demand is still continue spiking, Seems good and benefit to the counter. Don't say TP 1, TP 1.5 also can

Posted by stockhunter55 > 2022-02-16 09:54 | Report Abuse

need volume, push up to RM1 first then slowly slowly fly

whaleing

253 posts

Posted by whaleing > 2022-02-16 17:36 | Report Abuse

Hit 0.80 sen again, next step = hold the momentum!

TeckGor

78 posts

Posted by TeckGor > 2022-02-17 00:23 | Report Abuse

Stand firm and riseeeeee

Good start of 2022!

Posted by AbangCrypto6014 > 2022-02-17 00:43 | Report Abuse

Just stay firm during this covid period, keep some when it's still Low

once recover, BOOM! cant retire earlier

Posted by AbangCrypto6014 > 2022-02-17 00:43 | Report Abuse

Rm1 not a dream

TeckGor

78 posts

Posted by TeckGor > 2022-02-17 10:18 | Report Abuse

Trend doesn’t lie

4dking777

403 posts

Posted by 4dking777 > 2022-02-17 13:47 | Report Abuse

Strong momentum and trend coming . Guess the share price going to move soon

Posted by triplex3mob > 2022-02-17 15:38 | Report Abuse

Sern Kou – Strong Momentum for a Good Reason

Investment Keynotes:


Sern Kou is seeing a strong momentum in share price for the past 3 trading days, which is believed to be caused by anticipation of good earnings as well as strong USD-MYR trend, and every increase/(decrease) for 10% of USD will result in RM0.2/(RM0.2) million in PAT.

To recap, the company is principally involved in the midstream business of wood processing, as well as involvement in the downstream business of furniture manufacturing.

Due to strong backlog orders from furniture market, we expect strong demand coming in for its midstream business with circa 30% to 50% increment of processed wood prices.

Historically, the company tend to announce their quarterly results between 21st Feb to 25th Feb, and we believe investors are banking on their potential strong earnings in the coming quarter.

Based on our channel check with its peers, the downstream furniture manufacturing segment for Sern Kou is once again running in full capacity due uplifted restriction following the end of FMCO.

Key downside risks remain on downturn in wood demand, declining processed wood pricing as well as rising of minimal wages.

Should the company recover to pre-COVID level earnings, we foresee an even stronger price-volume action in the upcoming weeks.

Our technical TP is shouting a good entry point at RM0.785 level, with RM1.000 as key resistance.

4dking777

403 posts

Posted by 4dking777 > 2022-02-17 16:05 | Report Abuse

Midstream and downstream is good . More cost saver.

4dking777

403 posts

Posted by 4dking777 > 2022-02-17 16:05 | Report Abuse

Now reached 0.80

4dking777

403 posts

Posted by 4dking777 > 2022-02-17 16:06 | Report Abuse

Got chance to go 0.90 in this quarter le. Steady

TeckGor

78 posts

Posted by TeckGor > 2022-02-18 11:41 | Report Abuse

Below 0.85 can accumulate more

Posted by VegeBird1219 > 2022-02-18 14:23 | Report Abuse

continue high demand on furniture, keep it coming !

Posted by VegeBird1219 > 2022-02-18 14:23 | Report Abuse

queue some on 0.785

Posted by VegeBird1219 > 2022-02-18 14:25 | Report Abuse

The Star (05.02.2022)

THE outlook for the Malaysian furniture industry is positive this year although it continues to face some lingering challenges, say research analysts.

A general bullish outlook is due to a number of factors that include the relaxation of movement restrictions, which help furniture manufacturers resume their operations and enhance their supply chain issues.

Then there is also robust demand from the North America region, driven by work-from-home arrangements and the trade diversion from the United States-China trade war.

Posted by triplex3mob > 2022-02-18 15:04 | Report Abuse

From the article: The research unit also notes that while flood-affected households will likely need to replace their damaged furniture, this will only have a marginal effect on the furniture companies it covers (Evergreen Fibreboard Bhd, Homeritz Corp Bhd, Lii Hen Industries Bhd and Heveaboard Bhd).

This is because these companies are export oriented and have less than 5% of their sales from the local market.

Posted by triplex3mob > 2022-02-18 15:05 | Report Abuse

don't think sernkou are affected by flood

4dking777

403 posts

Posted by 4dking777 > 2022-02-21 11:23 | Report Abuse

furniture price hike due to inflation . good to invest. furniture demand pick up in 2022.

Posted by triplex3mob > 2022-02-21 16:11 | Report Abuse

small discount today, momentum still there

Posted by RaazzTetsuya > 2022-02-22 10:57 | Report Abuse

https://klse.i3investor.com/blogs/1i2j31i23/2022-02-22-story-h1599229544.jsp

SERNKOU (KLSE: 7180),该公司很有可能在下个季度有非常好的季度业绩。

4dking777

403 posts

Posted by 4dking777 > 2022-02-22 12:42 | Report Abuse

Waiting for next QR.
According to chart for 3-6 month is goood, steadily growth.

TeckGor

78 posts

Posted by TeckGor > 2022-02-22 13:39 | Report Abuse

Let it come, you can’t stop what’s coming

TeckGor

78 posts

Posted by TeckGor > 2022-02-22 13:39 | Report Abuse

Don’t say bojio

Posted by RaazzTetsuya > 2022-02-22 16:13 | Report Abuse

oiiii bojioooo

anyway, got some at 0.76 pls bring me some ONG

Posted by juicytrader > 2022-02-22 16:14 | Report Abuse

market red, i queuing 0.74-0.75, trying my luck

Posted by AbangCrypto6014 > 2022-02-23 12:19 | Report Abuse

no more .75, halo .78 xD

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