SERN KOU ? A Defensive Play Amidst Inflationary Market
As the Russia-Ukraine ceasefire talks fail, global oil markets had jumped more than 10% and it is expected to exacerbate the already-tightened global supply chain. However, one company raise above all due to their defensive business nature and relatively strong earnings, as well as share price movement.
As you may have seen it in the title, this company is SERN KOU.
To recap, SERN KOU is principally involved in the midstream timber industry, while aided with their downstream furniture business.
As for the furniture business, we know that the backlog orders are commonly between 3 to 6 months in the Muar region and positioned as both a furniture player and a supplier for furniture market, SERN KOU is poised to benefit from the rallied demand of processed wood.
In the first quarter ended Sept 30,2020, the Muar-based furniture exporter posted net profit of RM7.15mil on a revenue of RM80.66mil. Its asset per share was 65 sen.
Liihen work it different, value investor like them because of their dividend meanwhile sernkou is more like long term stock, you can see their growth from time to time.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
The1913Sun
142 posts
Posted by The1913Sun > 2022-03-08 20:25 | Report Abuse
best keep safe stock for the time being, better dont play goreng goreng now