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13,647 comment(s). Last comment by AlvinTSK at Dec 1, 2020 7:19 AM
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moneyhersteller
25 posts

Posted by moneyhersteller > Oct 7, 2020 4:40 PM |

Post removed. Why?


eYuppie
336 posts

Posted by eYuppie > Oct 7, 2020 5:25 PM | Report Abuse

Good fundamental stock for value investment.
PE around 10, ROE above 15% and Dividend Yield of more than 3% better than put in Bank FD. Furthermore its current price of RM1.61 is low compare to its intrinsic value of RM2.74. I think it is worth buying at around RM1.61, any sifu here can advise? EPF is buying in too.


Shafiq487
20 posts

Posted by Shafiq487 > Oct 7, 2020 6:21 PM | Report Abuse

Hold is gold...


GooShenNo1Fan
187 posts

Posted by GooShenNo1Fan > Oct 7, 2020 7:46 PM | Report Abuse

Dead counter


i33investor
153 posts

Posted by i33investor > Oct 7, 2020 7:51 PM |

Post removed. Why?


smallkid91
464 posts

Posted by smallkid91 > Oct 8, 2020 8:51 AM | Report Abuse

No one's bullish for the tech transformation? :D
Sure there might be trouble executing. But it will be amazing if papa karim can pull it off.

Love that we are diversifying. Especially after california signed an executive action a couple of weeks back to ban all car sales that runs on gasoline after 2035.


rkgfantasy
930 posts

Posted by rkgfantasy > Oct 8, 2020 10:12 AM | Report Abuse

rmb serba e payment, parking apps, halal2u
all the apps serba do is a fail


cmchan11
186 posts

Posted by cmchan11 > Oct 8, 2020 11:29 AM | Report Abuse

https://www.theedgemarkets.com/article/serba-dinamik-among-fitch-ratings-top-50-asian-highyield-corporate-issuers?type=malaysia


rkgfantasy
930 posts

Posted by rkgfantasy > Oct 8, 2020 2:03 PM | Report Abuse

but the fact is market still don’t buy serba due to it negative cash flow


EliteYY69
205 posts

Posted by EliteYY69 > Oct 8, 2020 6:57 PM | Report Abuse

awang again,haiz


BATFLY
451 posts

Posted by BATFLY > Oct 8, 2020 7:21 PM | Report Abuse

Dialog and Serba are the only two O


unclelimhuat
1076 posts

Posted by unclelimhuat > Oct 9, 2020 6:41 AM | Report Abuse

Serba Dinamik among Fitch Ratings’ top 50 Asian high-yield corporate issuers
Surin Murugiah
/
theedgemarkets.com

October 08, 2020 11:16 am +08


-A+A
KUALA LUMPUR (Oct 8): Serba Dinamik Holdings Bhd has been named in a peer group of the top 50 Asian high-yield corporate issuers (Asia Corporate HY50) by Fitch Ratings.

In a report released yesterday, Fitch said the Asian high-yield market had been expanding continuously over the last decade, and is now a distinct asset class in its own right. High-yield issuers (as defined by JPMorgan's composite rating) in the JPMorgan Asia Credit Index (JACI) already account for 17% of the market capitalisation of the index — and 23% if unrated names are included.

Commenting on Serba Dinamik, Fitch said the rating reflects its strong market position in Malaysia, where it was the fourth-largest oil and gas service and equipment company by revenue in 2017.

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It said the rating is also supported by Serba Dinamik's solid financial profile, short- to medium-term revenue visibility and low earnings cyclicality.

Fitch said the company's smaller operating scale as well as limited product and end-market diversification relative to other higher-rated peers constrain its rating.

Key rating drivers
Fitch said Serba Dinamik had an established reputation for project completion.

Its order book grew by more than eightfold in the five years to 2018 and reached around RM10 billion by the third quarter of 2019 (3Q19).

“The company's order book/revenue ratio was about 2.5 times at end-September 2019, and Fitch expects it to be at 1.5 times to two times in the medium term, providing revenue visibility.

“We also believe Serba Dinamik is well positioned to benefit from vendor consolidation and rising capex (capital expenditure) in the downstream segment by Malaysian national oil company Petroliam Nasional Bhd (Petronas),” it said.

Fitch also believes Serba Dinamik's rating is constrained by the need for capex to support its growth, which limits its ability to generate a neutral to positive free cash flow.

“Nevertheless, this is partly compensated by the company's focus on mid-tier clients, which supports its bargaining power and has translated into industry-leading profit margins,” it said.

On substitution risks, Fitch said Serba Dinamik's operations and maintenance (O&M) contracts, which account for the majority of its revenue, are typically non-exclusive.

It said this exposes the company to the risk that it may be substituted by competitors, especially those from outside Malaysia.

“Nevertheless, Fitch believes the risk is mitigated by the operating licences Serba Dinamik holds in different jurisdictions, its long-term relationships with clients, and its track record and reputation in the industry.

“We also believe substitution risks are likely to decline as the company diversifies its customers and end-markets.

“Serba Dinamik's revenue concentration in Malaysia fell to 29% from 55% between 2013 and 9M19 (the cumulative first nine months of 2019), and its exposure to the oil and gas sector to 83% from 87%,” it said.

On revenue visibility, Fitch said Serba Dinamik typically enters into two- to five-year contracts for its O&M services, and 1.5- to three-year contracts for engineering, procurement, construction and commissioning (EPCC) projects, which provides some revenue visibility.

“Serba Dinamik's maintenance services, which tend to have more resilient demand during industry downturns, partly offset its exposure to the cyclical oil and gas sector, where lower prices lead to curtailment of activities and spending.

“Over 60% of Serba Dinamik's order book is from the downstream oil and gas segment, which makes its cash flow less sensitive to the exploration business and, subsequently, to commodity price fluctuations,” it said.

Fitch said it expects Serba Dinamik's leverage, after adjusting for key financials of associates to which Serba Dinamik provides proportionate financial guarantees, to increase to around 2.7 times by end-2020 (end-2018: 1.9 times) on higher working capital needs to fulfil new orders.

At 10.43am today, Serba Dinamik was flat at RM1.61, with a market capitalisation of RM5.46 billion.


Reid Tee
15 posts

Posted by Reid Tee > Oct 9, 2020 9:32 AM | Report Abuse

Don't expect to go up as BAWANG still hold lot share, it will keep selling when hit the price he want. Unless big player can eat all his share but don't think got since Serbadk is downtrend chart now


Needluck
79 posts

Posted by Needluck > Oct 9, 2020 9:54 AM | Report Abuse

wait oil up to 60 only move? hahaha....dead counter....


rkgfantasy
930 posts

Posted by rkgfantasy > Oct 9, 2020 10:56 AM | Report Abuse

really 1 sen also don’t give you chance


slowgain
21 posts

Posted by slowgain > Oct 9, 2020 3:14 PM | Report Abuse

https://www.thestar.com.my/business/business-news/2020/10/09/rating-agencies-positive-on-serba-dinamik039s-planned-bond-buyback


reidtee
269 posts

Posted by reidtee > Oct 9, 2020 4:22 PM | Report Abuse

any news for serbadk also same, good result on QR, big project come, also cant go up. know why? because of our BAWANG, just let him drop until awang finish then only buy is the best


JBond007
831 posts

Posted by JBond007 > Oct 9, 2020 5:16 PM | Report Abuse

Sleeping Beauty.


lyy5688
43 posts

Posted by lyy5688 > Oct 9, 2020 5:42 PM | Report Abuse

always remain unchange, stay calm


Mabel
10438 posts

Posted by Mabel > Oct 10, 2020 10:59 AM | Report Abuse

Anway someone matched my queue yesterday...twice...

Must be Mr Bawang...

Thanks for selling Wang!

Meow


JayC88
758 posts

Posted by JayC88 > Oct 10, 2020 11:05 AM | Report Abuse

Serba seems to be at good entry price now.


ganasan rethnam
4 posts

Posted by ganasan rethnam > Oct 10, 2020 11:11 AM | Report Abuse

fundamentaly good but not moving


Mabel
10438 posts

Posted by Mabel > Oct 10, 2020 11:30 AM | Report Abuse

Oil prices are on course to climb 10 percent this week as Hurricane Delta shuts in over 90 percent of production in the Gulf of Mexico, leading some analysts to claim prices are set for a breakout.

Brent is now on target -USD 43.33

Meow


Kabali
266 posts

Posted by Kabali > Oct 11, 2020 1:46 PM | Report Abuse

Buy b4 its too late.....


Flymetothemoon
61 posts

Posted by Flymetothemoon > Oct 11, 2020 10:45 PM | Report Abuse

When will it drop to 1.50


Australianpharmacist
43 posts

Posted by Australianpharmacist > Oct 11, 2020 11:01 PM | Report Abuse

guys, the truth is, Awang can only sell for about 2 months more... when his holdings is less than 1%, the sharks who collected and fund managers, investment banks who sat on the sideline these months will come in and grab this gem of a stock, it will fly like a rocket propelled by amazing earnings from the projects announced in 1H2020

keep it in your watchlist and come back at the first sight of a rally (or when Awang is down to 1%), because that rally will be a long lasting one


Australianpharmacist
43 posts

Posted by Australianpharmacist > Oct 11, 2020 11:04 PM | Report Abuse

Nobody on Earth doubts this company's mid term long term prospects, everyone's just waiting on the time, when oil goes up + new projects announced + earnings from their huge orderbook.

so no need to talk cock or discuss this discuss that, when the time comes, you will come ;)


Flymetothemoon
61 posts

Posted by Flymetothemoon > Oct 11, 2020 11:43 PM | Report Abuse

Why Is awang selling ? Can someone Explain? Thanks


Flymetothemoon
61 posts

Posted by Flymetothemoon > Oct 11, 2020 11:55 PM | Report Abuse

When will be the best time to enter O&G ?


Jing Yong Lim
216 posts

Posted by Jing Yong Lim > Oct 12, 2020 5:51 AM | Report Abuse

为什么awang要买股?炒股咯~

MINETEC OVH ISTONE很明显liao


eYuppie
336 posts

Posted by eYuppie > Oct 12, 2020 12:01 PM | Report Abuse

At the current price of 1.61, will start to accumulate.


Alfonso
1823 posts

Posted by Alfonso > Oct 12, 2020 12:03 PM | Report Abuse

wang wang bark


Makeabuck
607 posts

Posted by Makeabuck > Oct 12, 2020 1:07 PM | Report Abuse

the best time to enter o&g is when the airlines start to move...


DannyArcher
585 posts

Posted by DannyArcher > Oct 12, 2020 1:31 PM | Report Abuse

@Makeabuck

By that time already too late. You are timing the market, and you will never react faster than the market. The best time is before vaccine is available. WHO already said by the end of this year will have a vaccine available, if not, also early 2021.

Once vaccine is available, the theme will not be glove or tech anymore, it will be the recovery theme - O&G, construction, consumer and etc.


Flymetothemoon
61 posts

Posted by Flymetothemoon > Oct 12, 2020 6:40 PM | Report Abuse

@DannyArcher. That is not accurate. The optimistic deadline for the first vaccine approval will be by the end of this year. However, it will take a minimum of 6 months to 1 year to roll out the vaccines as it is one thing to approve vaccine but another to scale up the manufacturing process in order to the meet global demands.


futureGrowth
23 posts

Posted by futureGrowth > Oct 12, 2020 9:17 PM | Report Abuse

All matched @ 1.60. Back to shareholder again.


8dragon
695 posts

Posted by 8dragon > Oct 13, 2020 7:07 AM | Report Abuse

High possibility to drop to pp level....just sidelined now


Alfonso
1823 posts

Posted by Alfonso > Oct 13, 2020 8:18 AM | Report Abuse

1.6, historical low for these few months....serba fundamental quite strong but really disappointed with the stock performance, hopefully not the same thing after few years


BATFLY
451 posts

Posted by BATFLY > Oct 13, 2020 8:23 AM | Report Abuse

This is a long term investment stock not trading stock. So hold tight and have confidence in it.. Otherwise sell it..


bullrun1985
846 posts

Posted by bullrun1985 > Oct 13, 2020 10:19 AM | Report Abuse

@DannyArcher, the serbadk chart definitely not nice liao. any new chart show to us


rkgfantasy
930 posts

Posted by rkgfantasy > Oct 13, 2020 4:34 PM | Report Abuse

another day, serba 1 sen also don’t raise for investor


rkgfantasy
930 posts

Posted by rkgfantasy > Oct 13, 2020 5:21 PM | Report Abuse

everyday wait karim tank the price haha


calvintaneng
39243 posts

Posted by calvintaneng > Oct 13, 2020 5:23 PM | Report Abuse

SERBA SOUNDS LIKE COBRA

BETTER STAY AWAY

https://www.youtube.com/watch?v=5IJkx-9LXUY


JBWYB123
2 posts

Posted by JBWYB123 > Oct 13, 2020 8:22 PM | Report Abuse

but netx ? wahahhahahahhahhhaha Heng didnt listen to you


1688dayday
131 posts

Posted by 1688dayday > Oct 13, 2020 9:27 PM | Report Abuse

Hahahahhaa high five JBWYB123....


Alfonso
1823 posts

Posted by Alfonso > Oct 14, 2020 10:53 AM | Report Abuse

this eagle is not some kind of normal eagle but is a eagle body with cobra heart


gunter
144 posts

Posted by gunter > Oct 14, 2020 3:46 PM | Report Abuse

DLLM


thetrueinvestor
242 posts

Posted by thetrueinvestor > Oct 14, 2020 5:16 PM | Report Abuse

buy serbadk-wa 19-19.5 sen. maturity december 2024. when oil & gas rally u will thank me later


thetrueinvestor
242 posts

Posted by thetrueinvestor > Oct 14, 2020 5:18 PM | Report Abuse

want huat better run away from healthcare and covid stocks run as far as u can and buy fundamental stocks


Elaine708
40 posts

Posted by Elaine708 > Oct 14, 2020 7:03 PM | Report Abuse

Run......

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