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Bisaam Jebat
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Looking forward to Sorento鈥檚 transfer to Main Board this year 馃憤
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2 days 路 translate 路
Divine
when will it transfer to main board? still waiting
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David Victor
expected third quarter of 2026, so it鈥檚 very soon
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Dorothy Ling
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The Q3 report was out. Revenue and net profit came in slightly lower, mainly due to longer business closures during the Chinese New Year and Hari Raya festive seasons, along with higher operating expenses
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Lemonpie
The dividend payment date is on 26 june
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Divine
waiting to receive dividend money and reinvest again
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Divine
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waiting for descending triangle breakout at 0.660
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3 weeks 路 translate 路
Divine
starting to rise back up, is it going to break the triangle line?
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Ketchup
yes and it鈥檚 time to back to 0.700 let鈥檚 go
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Tai Chin Fang
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A stronger Ringgit is good for Sorento because most of its inventory components are imported from China, so the company can enjoy lower procurement costs
https://www.thestar.com.my/business/business-news/2026/06/19/ringgit-opens-higher-against-us-dollar
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Aubree Yap
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Seems like Sorento is in the consolidation mode currently
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Previous replies (7)
Ketchup
i dont think it will happen cause the company earning still very stable
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Aubree Yap
Don't see any downside risk now. Should be quite stable above 60 cents for now
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Bisaam Jebat
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Continue to accumulate before it transfers to main board 馃槍
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Divine
earning wise definitely qualified to enter main market
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Daren Ong
Great! Let's wait for big wave to come again
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Tai Chin Fang
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Sorento will be moving sideways until Q3 results are out?
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Previous replies (6)
Lemonpie
could always add more when drop
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Divine
qr released yesterday, not sure how would market react to it later
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Divine
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looks like going to pullback to test support at 0.620
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Previous replies (5)
Lemonpie
haha no wonder u don鈥檛 wanna wait, I can see why now
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Divine
now i just hope that they are able to maintain the deliver 1.0+ eps, then should rise above 0.700
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Dorothy Ling
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Nowadays, customers prefer to browse and choose products on their own instead of being directly sold to. That鈥檚 why having a strong and noticeable brand like Sorento can really help attract attention and boost sales
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Aubree Yap
Sorento has set up a concept showroom in Johor where customers can drop by to experience and try out the products themselves
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Divine
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sorento is making a bottom around 0.640 before it challenge back 0.700 again
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faisal binrashidul
yeah and it鈥檚 starting to rebound again, going to form a U shape
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Divine
yes can grab some before rise back to 0.700
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