Highlights
KLSE: SERNKOU (7180)       SERN KOU RESOURCES BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.60   +0.035 (6.19%)  0.565 - 0.60  103,300
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Overview

Market Cap: 153 Million
NOSH: 255 Million
Avg Volume (4 weeks):180,035
4 Weeks Range:0.505 - 0.83
4 Weeks Price Volatility (%):
29.23%
52 Weeks Range:0.44 - 0.98
52 Weeks Price Volatility (%):
29.63%
Average Price Target: 1.03
Price Target Upside/Downside: +0.43

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2019 [#2]  |  20-Feb-2020
Next QR | Est. Ann. Date: 31-Mar-2020  |  30-May-2020
T4Q P/E | EY: 8.53  |  11.72%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.4093  |  1.47
T4Q NP Margin | ROE: 6.40%  |  17.18%

Headlines

Date Subject
02-Mar-2020 “分享资源 共享盈利”‧蔡鹏声做大胜高
24-Feb-2020 M+ Online Technical Focus - 24 Feb 2019
24-Feb-2020 Technical Buy - SERNKOU (7180)
08-Jan-2020 Daily Technical Highlights – (NOVA, SERNKOU)
08-Jan-2020 Stocks on Radar - Sern Kou Resources (7180)
07-Jan-2020 Technical View - Sern Kou Resources Bhd (SERNKOU, 7180)
27-Nov-2019 Stocks on Radar - Sern Kou Resources (7180)
26-Nov-2019 Daily Technical Highlights – (SERNKOU,KESM)
26-Nov-2019 Sern Kou Resources Bhd - Earnings growth gaining momentum
22-Nov-2019 Stocks on Radar - Sern Kou Resources (7180)
06-Nov-2019 Stocks on Radar - Sern Kou Resources (7180)
22-Oct-2019 Technical View - Sern Kou Resources Bhd (SERNKOU, 7180)
01-Oct-2019 可考虑舍母取子 胜高资源-WA折价交易/温世麟硕士
17-Sep-2019 Trading Stocks - Sern Kou Resources (7180)
28-Aug-2019 SERNKOU BHD: Company Benefit from Trade War
23-Aug-2019 Stocks on Radar - Sern Kou Resources (7180)

Business Background

Sern Kou Resources Bhd along with its subsidiaries are principally engaged in investment holding, providing management services, manufacturing of wooden furniture, manufacturing, and processing of all kinds of timber, wood and related products, logging and processing of rubberwood and timber, and manufacturing of plywood and related products. The company is both Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) which provide customized and standard-designed products. Their business operates under segments that are Manufacturing, Kiln-Drying and Lamination, and Processing and Trading; out of which Kiln-Drying and Lamination segment generates maximum revenue for the company. The company exports its products to Asia, Australia, Singapore, Africa, USA and Europe.
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AndK Could it be business expansion used?
26/11/2019 7:01 PM
Cakes Moon Tomorrow up!
26/11/2019 7:08 PM
calvinteo TQ The-Reds & AndK.

Surprise of good 1st QR result.

EPS reported= 2.56 sen, if annualised it = 4 x 2.56 sen = 10.24sen,
estimate PE= approx. 8.9 based on today closing price at 91sen.

OR another method of computation

1) Based on 1st QR reported PAT=RM 6.154M.
2) RM 6.154 times 4= RM 24.616M a year
3) Mkt Cap/ PAT= 230.584M/ 24.616M
FORWARD PER at 9.37X

Noticed less than a month duration, the total combined WA shares of 13.3897M WA has been subdivision of shares. It generate an extra conversion amounting to RM 5.356M.

IMO- the range of RM 24.616M a year probably/ may be achievable based on my own assumption that the main segment contribution from Klin Drying, Lamination & Sawmill & processing & manufacturing wood including China Lim co-partner in which their strong online order book on double 11 with RMB 980M cum new venture production for US export kitchen cabinet & warerobe business as cited in 9shares. Refer also to Prospects as stated in B3-1QR announced today.

All the above solely based on my own interpretation and assumption.
.
Trade and or invest at your own risk.
26/11/2019 11:54 PM
msart Trading idea on 27/11/2019 - Sernkou at around 0.91. PER valuation looks expensive compare with its peers, however still can consider for short term investing. Longterm outlook-one in the watchlist.furniture exports are expected to rise-Primary Industries Ministry.
"Malaysia’s furniture exports are expected to rise 1% this year against RM7.79bil recorded in 2018 on the back of continued demand from customers despite global economic uncertainties, the Primary Industries Ministry said."

https://www.thestar.com.my/business/business-news/2019/11/26/kok-furniture-exports-to-rise-1-this-year#MyFvM6uJjVz1KlfK.99
27/11/2019 7:42 AM
AndK Best ever quarter report but price move vice versa.
28/11/2019 6:17 PM
The_Reds retailers selling but big guys still inside...
28/11/2019 8:04 PM
Aero1 The_Reds retailers selling but big guys still inside...

Very true. Low volume. More to come.
29/11/2019 8:41 AM
kelvin17 thats why share market is not easy game, when you expect it to move it remains unchanged or even lower , just got to wait....
30/11/2019 9:26 AM
AndK Yes, really unpredictable. Today lower again, consolidation period could be ended soon.
02/12/2019 3:10 PM
The_Reds 2 days continuous thor hammer...the time is near
03/12/2019 5:06 PM
The_Reds https://www.theedgemarkets.com/article/sern-kous-business-realignment-bears-fruit

article from The Edge about Sernkou
03/12/2019 6:13 PM
AndK More fruits are awaiting us to harvest in future.
03/12/2019 7:06 PM
AndK This chat room sound quiet when the share is not performing well.
14/12/2019 9:05 PM
The_Reds I'm still here...no worry, we just wait
15/12/2019 1:33 PM
AndK I like the sentence u wrote previously "just close eyes and buy". But this sentence no longer appear fr u, haha..
16/12/2019 8:53 AM
The_Reds Haha, I only use this phrase when there is strong bullish uptrend...but now we duno how long is the consolidation gonna be...
17/12/2019 3:12 PM
AndK This share really tested your patient, who can't withstand it will definitely miss out the fruits.
23/12/2019 6:40 PM
calvinteo based on yesterday n morning movement, charts indicated a good sign of entry.
Really tested your patient.
Hope to harvest more fruits

Invest and or trade at your own risk.
07/01/2020 9:18 AM
AndK Sernkou is back
07/01/2020 9:30 AM
The_Reds the next big wave is here...
07/01/2020 10:47 AM
Aero1 The next q result is going to add more momentum.
07/01/2020 1:15 PM
Aero1 https://www.linshimuye.com
07/01/2020 1:18 PM
The_Reds Hold ur position..more to come...
10/01/2020 1:32 PM
AndK Just close eyes and buy. Grab your last chance before it sky rocket to 1.00.
10/01/2020 11:52 PM
john1102 dead counter?
14/01/2020 4:45 PM
AndK Is dead or gem? one day u will know..
16/01/2020 11:53 PM
The_Reds Big volume accumulation and changing hand...just wait
17/01/2020 8:29 AM
AndK No angpao from Sernkou for this CNY :(
22/01/2020 1:48 PM
AndK Red sea with wave today. This room still quiet and calm. All is master level.
31/01/2020 7:28 PM
The_Reds today chart shows oversold, but banker still in standby mode...it's ok, they can wait then we also can wait
31/01/2020 8:29 PM
AndK Share oversold today as ppl start losing patient and confident on this counter. Main reason is still due to worries of Coronavirus outbreaks.
03/02/2020 9:15 PM
AndK What is the anticipation of coming quarter report?
11/02/2020 3:10 PM
The_Reds definitely better than last QR...then the price will break RM1.00
11/02/2020 8:02 PM
AndK This share always lack of stimulation news to push the price up. Thus, the volume is deem low and hard to move. Share movement always based on quarterly result. Hopefully as what The Reds said, the coming report will surprise all of us to break through RM1.00 and even more.
13/02/2020 3:56 PM
AndK Do you think any possibility of furniture supply to China increase due to many of factory closure in china?
16/02/2020 1:19 AM
Junz929 when release quarter report??
20/02/2020 3:18 PM
The_Reds Good result for the second consecutive quarter, all 3 bizness segment contribute positively with the kiln drying segment maintains as the major source of profit
20/02/2020 6:43 PM
The_Reds AndK, they only supply to local market
20/02/2020 6:44 PM
AndK I thought they got deal with China company linsymuye
20/02/2020 6:58 PM
calvinteo Agreed. Q2- RM 6.173M vs Q1 RM 6.154M
20/02/2020 11:34 PM
DrJoel88 Today naik from good QR?
21/02/2020 8:27 AM
calvinteo IMO likely can hit 90 sen
21/02/2020 11:19 AM
AndK Yes.. hit 90 sen highest today. More to come, at least break 52 weeks highest record 0.98.
21/02/2020 2:49 PM
The_Reds banker in position, good QR, u just need a better market sentiment to push up further
21/02/2020 3:13 PM
kelvin17 time to touch rm1 and beyond ...
21/02/2020 4:22 PM
AndK A good report released at a very wrong timing.
24/02/2020 1:37 PM
kelvin17 coming soon ! hold on to your horse
27/02/2020 9:21 AM
AndK This share price staying at around 0.84 since previous two quarter reports released even though the result is good. When will the share awake?
05/03/2020 11:45 AM
prince4 Covid-19 and politician unstable make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold .
market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom.
This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..
06/03/2020 4:07 PM
AndK The only stock showing RED is my watching list today. The tendency of rebound is very weak based on current queue. Where is all the master here?
20/03/2020 4:09 PM


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