Serial System    Last:0.077   -

Serial system is stirring again

they are in fintech too...

TheMatrix      ( Date: 10-Aug-2021 12:16) Posted: Lai liao.. I just say 0.150 and it break this point.  PQTPQK      ( Date: 10-Aug-2021 10:53) Posted: hope can break the previous soon...

 

cheong ....

 

Lai liao.. I just say 0.150 and it break this point. 

PQTPQK      ( Date: 10-Aug-2021 10:53) Posted: hope can break the previous soon...

 

hope can break the previous soon...

 

Investor and CEO all wiling to fork out money at this price point of $0.150. This is the mininum they are looking at this share price. They are bullish about serial system. 

Invest1      ( Date: 10-Aug-2021 10:39) Posted: Should be good as same business as Excelpoint.

 

thanks . will monitor closely..

Invest1      ( Date: 10-Aug-2021 10:39) Posted: Should be good as same business as Excelpoint.

 

Should be good as same business as Excelpoint.

 

result coming out soon...

 

this gem will move soon. engine runing soon. dyodd! 

 

Serial System shares up 8.8% after guiding for net profit for H1

Serial System Serial System shares gained 8.8 per cent on Wednesday after it said it will likely swing to a net profit for H1 FY2021, from a loss for the same period a year ago.

The counter hit a high of 14.8 Singapore cents as at 9.19am on Wednesday, up 1.2 cents or 8.8 per cent.

No married deals were recorded in early trade, according to ShareInvestor data.

Shares of the electronic components distributor later eased to 14.5 cents as at 9.40am on Wednesday, up 0.9 cent or 6.6 per cent.

In a bourse filing on Wednesday, the group said its financial performance for H1 FY2021 will likely improve " significantly" on year, from a net loss of US$4.5 million for H1 FY2020.

The group attributed the growth to its business recovery strategies, which included widening its base of suppliers and customers in the electronics components segment amid an increased demand for semiconductors, particularly in China, and growing its consumer electronics segment in South-east Asia.

It also made efforts to reset group-wide cost structures and streamline efficiencies which contributed to a leaner operating mode and better margin efficiency.

Serial System expects to release its unaudited results for the half-year period on Aug 13.

 

 

tech on bullish trend staying intact. 

leading to coming Q2, expect strong demand beyond 2022 as chip shortage continues. pullback is just nice.

looking past TP 20cent on par with NAV and better PE next.

 

This forgotten gem will shine again

 

 

i think its a good move on the placement especially when institution funds are  investing in companies that have healthy growth rates and good management and are undervalued. 

moving forward we could see more upside towards another profitable quarter. hope its not too late to board now!

 

PhillipTan      ( Date: 12-Jul-2021 08:50) Posted: Serial System raises $1.35 mil through placement of 9 mil shares Serial System has on July 12 placed out an aggregate of 9 million treasury shares in the capital of the company at a placement price of 15 cents per share, raising a total of $1.35 million. The placement represents approximately 1% of the total number of issued ordinary shares excluding treasury shares of the company as of July 12, and will represent approximately 0.99% of the enlarged issued and paid-up share capital (excluding treasury shares) of the company upon completion of the placement. The placement shares were allotted to Pheim Asset Management and Evolve Capital Management, who received 5 million and 4 million shares respectively. The placement price represents a discount of approximately 1.3% of the weighted average price of 15.2 cents per share of the company for trades done for the full market day on July 7 and up to the trading halt of the shares of the company at 4.15pm on July 8.  According to Serial System' s filing to SGX on July 12, the rationale for the placement is to strengthen the capital base of the company and increase the company' s public spread, which may in turn improve the level of trading liquidity of its shares. Serial System intends to use the net proceeds from the placement to invest in new corporate ventures in the technology space, focusing on the FinTech aspect. Shares in Serial System last traded at 15.2 cents before trading was halted on July 8.

 

Close with shooting star. bad.. all out....

trader1970      ( Date: 12-Jul-2021 15:26) Posted: Great... we are spot on... otw to break new high...:) PQTPQK      ( Date: 12-Jul-2021 13:34) Posted: it seem like going to break up soon....

 

Great... we are spot on... otw to break new high...:)

PQTPQK      ( Date: 12-Jul-2021 13:34) Posted: it seem like going to break up soon....? tofudidi      ( Date: 12-Jul-2021 11:47) Posted: it will come.. strong play coming! DYODD

 

sem like 0.20 coming ????

 

it will come.. strong play coming! DYODD!

trader1970      ( Date: 12-Jul-2021 11:44) Posted: Consolidated and seems ready to move higher soon...WATCH... PQTPQK      ( Date: 12-Jul-2021 10:20) Posted: need to break the previous high first..

 

Consolidated and seems ready to move higher soon...WATCH...

PQTPQK      ( Date: 12-Jul-2021 10:20) Posted: need to break the previous high first... tofudidi      ( Date: 12-Jul-2021 09:15) Posted: Strong play coming.. load ! DYOD

 

need to break the previous high first...

tofudidi      ( Date: 12-Jul-2021 09:15) Posted: Strong play coming.. load ! DYODD PhillipTan      ( Date: 12-Jul-2021 08:50) Posted: Serial System raises $1.35 mil through placement of 9 mil shares Serial System has on July 12 placed out an aggregate of 9 million treasury shares in the capital of the company at a placement price of 15 cents per share, raising a total of $1.35 million. The placement represents approximately 1% of the total number of issued ordinary shares excluding treasury shares of the company as of July 12, and will represent approximately 0.99% of the enlarged issued and paid-up share capital (excluding treasury shares) of the company upon completion of the placement. The placement shares were allotted to Pheim Asset Management and Evolve Capital Management, who received 5 million and 4 million shares respectively. The placement price represents a discount of approximately 1.3% of the weighted average price of 15.2 cents per share of the company for trades done for the full market day on July 7 and up to the trading halt of the shares of the company at 4.15pm on July 8.  According to Serial System' s filing to SGX on July 12, the rationale for the placement is to strengthen the capital base of the company and increase the company' s public spread, which may in turn improve the level of trading liquidity of its shares. Serial System intends to use the net proceeds from the placement to invest in new corporate ventures in the technology space, focusing on the FinTech aspect. Shares in Serial System last traded at 15.2 cents before trading was halted on July 8.