New Risk • Feb 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -RM2.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM2.4m free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Earnings have declined by 10% per year over the past 5 years. Market cap is less than US$10m (RM20.1m market cap, or US$5.17m). Minor Risk Revenue is less than US$5m (RM13m revenue, or US$3.2m). Reported Earnings • Feb 27
Second quarter 2026 earnings released: EPS: RM0 (vs RM0.001 loss in 2Q 2025) Second quarter 2026 results: EPS: RM0 (improved from RM0.001 loss in 2Q 2025). Revenue: RM3.00m (down 10% from 2Q 2025). Net loss: RM347.0k (loss narrowed 58% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Anuncio • Dec 06
Sersol Berhad has completed a Follow-on Equity Offering in the amount of MYR 1.316608 million. Sersol Berhad has completed a Follow-on Equity Offering in the amount of MYR 1.316608 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 73,144,900
Price\Range: MYR 0.018
Transaction Features: Subsequent Direct Listing Reported Earnings • Nov 26
First quarter 2026 earnings released: EPS: RM0 (vs RM0.001 loss in 1Q 2025) First quarter 2026 results: EPS: RM0 (improved from RM0.001 loss in 1Q 2025). Revenue: RM3.34m (down 3.1% from 1Q 2025). Net loss: RM118.0k (loss narrowed 86% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Anuncio • Nov 26
Sersol Berhad has filed a Follow-on Equity Offering. Sersol Berhad has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 84,996,600
Transaction Features: Subsequent Direct Listing Anuncio • Oct 30
Sersol Berhad, Annual General Meeting, Nov 25, 2025 Sersol Berhad, Annual General Meeting, Nov 25, 2025, at 10:30 Singapore Standard Time. Location: lot 4.1, 4th floor, menara lien hoe, no. 8, persiaran tropicana, tropicana golf & country resort, selangor darul ehsan, 47410 petaling jaya Malaysia Reported Earnings • Aug 31
Full year 2025 earnings released: RM0.005 loss per share (vs RM0.012 loss in FY 2024) Full year 2025 results: RM0.005 loss per share (improved from RM0.012 loss in FY 2024). Revenue: RM13.0m (down 11% from FY 2024). Net loss: RM3.38m (loss narrowed 60% from FY 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
Third quarter 2025 earnings released: RM0.002 loss per share (vs RM0.007 profit in 3Q 2024) Third quarter 2025 results: RM0.002 loss per share (down from RM0.007 profit in 3Q 2024). Revenue: RM3.01m (down 11% from 3Q 2024). Net loss: RM1.14m (down 124% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. New Risk • Mar 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM43.9m (US$9.91m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM3.6m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 47% per year over the past 5 years. Market cap is less than US$10m (RM43.9m market cap, or US$9.91m). Minor Risk Revenue is less than US$5m (RM14m revenue, or US$3.1m). Reported Earnings • Mar 03
Second quarter 2025 earnings released Second quarter 2025 results: RM0.001 loss per share. Revenue: RM3.35m (down 18% from 2Q 2024). Net loss: RM824.0k (loss widened RM821.0k from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. New Risk • Nov 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -RM3.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM3.6m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 58% per year over the past 5 years. Minor Risks Revenue is less than US$5m (RM15m revenue, or US$3.3m). Market cap is less than US$100m (RM51.2m market cap, or US$11.5m). Reported Earnings • Nov 30
First quarter 2025 earnings released: RM0.001 loss per share (vs RM0.011 loss in 1Q 2024) First quarter 2025 results: RM0.001 loss per share (improved from RM0.011 loss in 1Q 2024). Revenue: RM3.45m (flat on 1Q 2024). Net loss: RM826.0k (loss narrowed 90% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 31% per year. Anuncio • Oct 29
Sersol Berhad, Annual General Meeting, Dec 03, 2024 Sersol Berhad, Annual General Meeting, Dec 03, 2024, at 11:00 Singapore Standard Time. Location: broadcast venue at lot 4.1, 4th floor, menara lien hoe no. 8, persiaran tropicana, tropicana golf & country resort, 47410 petaling jaya, selangor darul ehsan, Malaysia Reported Earnings • Sep 05
Full year 2024 earnings released: RM0.017 loss per share (vs RM0.046 loss in FY 2023) Full year 2024 results: RM0.017 loss per share (improved from RM0.046 loss in FY 2023). Revenue: RM21.9m (up 25% from FY 2023). Net loss: RM12.3m (loss narrowed 46% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance. New Risk • Jun 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM4.6m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 77% per year over the past 5 years. Minor Risks Revenue is less than US$5m (RM14m revenue, or US$3.0m). Market cap is less than US$100m (RM84.1m market cap, or US$17.9m). Reported Earnings • Mar 02
Full year 2023 earnings released: RM0.023 loss per share (vs RM0.037 loss in FY 2022) Full year 2023 results: RM0.023 loss per share. Revenue: RM14.1m (down 26% from FY 2022). Net loss: RM16.3m (loss widened 4.3% from FY 2022). Anuncio • Feb 02
Sersol Berhad Announces Appointment of Toh Boon Hsing as Executive Director Sersol Berhad announced appointment of Mr. Toh Boon Hsingas Executive Director. Age is 45. Date of change is February 2, 2024. Degree in Marketing & Human Resource Management from University of Southern Queensland, Australia. Working experience and occupation: Mr. Toh Boon Hsing (Mr. Toh) rose from the ranks of established Property Companies, starting out in Henry Butcher Lim & Long in 1999, YTL Land Bhd, Country Heights Bhd and eventually headed the Marketing & Sales Department of Bluwater Developments Bhd. LJBB Group of Companies was formed and spearheaded by Mr. Toh in 2007, leading to the development of Maisons Cyberjaya, Maisons @ Rawang, Ecovilla Semenyih with a total of approximate 200 million in Gross Development Value (GDV). Mr. Toh has been involved in project and marketing of numerous projects since 1999, namely Shoplex@Mont Kiara, Magna Park Kepong, Ken Damansara, Danau Lumayan in Bandar Tun Razak, Millenium Place (Section 14 PJ), Andalucia @ Pantai Hill Park, The Tamarind @ Sentul East, The Maple @ Sentul West, LakeEdge @ Puchong, Lake Homes @ Mines SouthLake, Bluhaven @ Bluwater Estate, The Heritage @ Mines SouthLake, with a total of more than RM1 Billion worth of property launches under his belt. Mr. Toh is not an unfamiliar name in the residential property market and skilled in leading diverse teams. Mr. Toh has managed various projects with groups varying in size and specialisation and a track record of successfully navigating complex challenges, where planning, coordination, and swift problem resolution are crucial. Mr. Toh strong communication skills have been essential in maintaining productive relationships with stakeholders, clients, and team members. Reported Earnings • Nov 25
Third quarter 2023 earnings released: RM0.011 loss per share (vs RM0.001 loss in 3Q 2022) Third quarter 2023 results: RM0.011 loss per share (further deteriorated from RM0.001 loss in 3Q 2022). Revenue: RM3.45m (down 38% from 3Q 2022). Net loss: RM7.91m (loss widened RM7.37m from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance. Anuncio • Nov 08
Sersol Berhad Announces Termination of Wira Justin Lim Hwa Tat as Chief Executive Officer Sersol Berhad announced termination of Datuk Wira Justin Lim Hwa Tat as Chief Executive Officer. Age 47, Date of change 06 November 2023. Reason: Terminated due to absent from office without proper notice and non-response to show cause letter since his suspension as CEO on 30 August 2023. New Risk • Oct 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM12m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 81% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (24% increase in shares outstanding). Revenue is less than US$5m (RM17m revenue, or US$3.7m). Market cap is less than US$100m (RM106.1m market cap, or US$22.2m). Anuncio • Oct 10
Sersol Berhad Appoints Miss Lim Teng Teng as Chief Financial Officer Sersol Berhad announced appointment of MISS LIM TENG TENG as Chief Financial Officer. Date of Change October 9, 2023. Age is 50, Female. Professional Qualification is Member of Association of Chartered Certified Accountants (ACCA) from FTMS School of Business and Accounting. Working experience and occupation. Ms. Lim Teng Teng (Ms. Lim) has more than 20 years of experience in the field of financial accounting, corporate finance, treasury, audit and taxation. Prior to joining Sersol Berhad, she was the Senior Finance Manager in several public listed companies. She started her career in a audit firm, Arthur Andersen. Subsequently, she has progressed her career in the management and operations of private limited and also public listed companies, spanning various industries such as manufacturing, trading, retail and services. Anuncio • Sep 27
Sersol Berhad Announces Appointment of Lim Han Ying as Independent and Non Executive Director Sersol Berhad announced appointment of Miss Lim Han Ying as Independent and Non Executive Director. Age 34, Date of change 26 September 2023. Qualifications: Professional Qualification-Member-Malaysian Bar, Professional Qualification-Certificate in Legal Practice-Brickfields Asia College and Degree-LLB (Honours) Law-University of Northumbria, Newcastle. Working experience: Ms. Lim Han Ying (Ms. Lim) joined Messrs Lim Chong Phang & Amy in March 2014 and her area of practice includes general litigation with a focus on commercial/corporate disputes including shareholder disputes and minority oppression suits. Ms. Lim was also involved in white collar crime cases including cases involving criminal breach of trust, cheating, offences under the Capital Markets and Services Act 2007, Securities Industry (Central Depositories) Act 1991, Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 and the Companies Act 1965 and 2016. Consequent to the merger of Messrs Lim Chong Phang & Amy with Messrs Kheng Hoe, Ms. Lim was promoted as Senior Associate within a year with an emphasis on handling intellectual property disputes. She has undertaken complicated and heavily contested intellectual property disputes matters including successfully setting aside and obtaining Anton Piller orders. In recognition of her growing portfolio of intellectual property disputes matters, Ms. Lim was promoted as Partner in January 2023. Board Change • Sep 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. Executive Director Bernard Tan is the most experienced director on the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jul 01
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. 1 highly experienced director. Executive Director Bernard Tan is the most experienced director on the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • May 30
First quarter 2023 earnings released: RM0.002 loss per share (vs RM0.001 loss in 1Q 2022) First quarter 2023 results: RM0.002 loss per share (further deteriorated from RM0.001 loss in 1Q 2022). Revenue: RM2.75m (down 37% from 1Q 2022). Net loss: RM1.06m (loss widened 214% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 147 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 26
Full year 2022 earnings released: RM0.037 loss per share (vs RM0.004 loss in FY 2021) Full year 2022 results: RM0.037 loss per share (further deteriorated from RM0.004 loss in FY 2021). Revenue: RM19.1m (up 23% from FY 2021). Net loss: RM15.6m (loss widened RM13.8m from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 174 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 03
Third quarter 2022 earnings released: RM0.001 loss per share (vs RM0 in 3Q 2021) Third quarter 2022 results: RM0.001 loss per share (further deteriorated from RM0 in 3Q 2021). Revenue: RM5.56m (up 69% from 3Q 2021). Net loss: RM542.0k (loss widened RM455.0k from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. Executive Director Bernard Tan is the most experienced director on the board, commencing their role in 2004. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 27
Second quarter 2022 earnings released: RM0.003 loss per share (vs RM0 in 2Q 2021) Second quarter 2022 results: RM0.003 loss per share (down from RM0 in 2Q 2021). Revenue: RM3.87m (up 7.4% from 2Q 2021). Net loss: RM978.0k (down RM996.0k from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. 