omg now just now buy 0.425 rush to sell!

no institution investor will buy for long long time as long as D. Karam and gang still inside! now only gambler that try to make 2cents profit!

Have you read their response? It matter how their response and they should response to auditor not to shareholder!
What I read in their response is all target to misled shareholder!
_____________________________________________________________
Posted by kalofarmako > Jun 25, 2021 3:25 PM | Report Abuse

Serba Dinamik has not been silent since the issue started and raised by KMPG. They have responded quickly each time which to me this is a way of a company showing their confidence to the shareholders and investors. Many guilty companies has been uncommunicative and kept quiet when conflicts occurs. Better than nothing, wait for more progress. or else if everyone is being negative, the share price will be undervalued and drop due to the negative sentiment.

Paktua already dump all la! only rr88 just bought 1m on the way down!

Master CharlesT also come here sembang!!!
_____________________________________________________________
Posted by CharlesT > Jun 25, 2021 3:14 PM | Report Abuse

today seems like nobody dare to talk cock to claim they make money....

Don't Forget limit down price is 0.235 today!

R88 have been hire to promote sd

EPF sold at least 20m share today!

today limit down is 0.235 i think!

Many sifu that give TP already gone!!!!

paktua mana pergi? banyak orang rindu tut tut!

So many people still think that the issue raise by KPMG is petty in nature. Lol so ignorant

OMG more drama from serba!! I hope someone can make it into a movie one day!

Instead of saying EY gaining ground on the investigation, they come out to sue KPMG I think it is -ve on share price tomorrow!!!!!!!

Margin call does not sound BS to me because only D.K & Gang know where is their Margin level and ability to raise more fund. When they act desperately mean they are near their limit already.

Another explanation is D.Karim & Geng cannot tahan already before the bank ask them to cover the margin and other loans as EPF keep selling slowly! I don't know it is possible for them to ask the court to suspend any force sales from the bank while sueing the KPMG!
I think they are force to the edge already !

If "Berani kerana benar" I think the problem already resolve in 1st round. All their action until now only for investor as targeted audience!

Legal is last resort but can't solve the problem.

Oh no Deeper problem!

OMG EPF selling just like Sapura Kencana!]]

My guess is SincereStock age is less than 32!

MAS is rotten Since Halim Saad take over! You don't know how rotten from inside. and how they siphon money from MAS using multiple business or sister company.
All the airline profit is taken out to his relatives and cronies through bloated billing of unwanted item.

______________________________________________________________
Posted by SincereStock it is their own business, what wrong to bail ownself business, the business making loss is not their intend, nothing to do with trustworthyness

EPF always push it down then push it up again!

omg you won't see 0.60 anymore!

Looking back on [wkc5657] comments last 5 month. Keywords like "Turnaround", "Win + Injecting Contract", "private placement" is too good to be true!
About point no. 3 "1 real surprise is their vendor acquisition transparency. For most big listed companies, to be their vendor, either they come to you, you have to market very hard to give your proposal, or you have connections. However for serba/scib/kpower, as long as you have the valid documentations, you can register through their website. A very good example for many companies actually."
I think this is actually too good to be true as well.
_____________________________________________________________________________________________________________________________
wkc5657 Philip, after spending a few hours last weekend on the rough overview of scib, kpower, and serba dinamik, i gained some sense of your bullishness towards them. Your view is proven very right by your return on all these 3 counters, especially scib and kpower.

Just some rough thoughts, i didn't go deep detail and industry understanding to your level :
1) Karim is genuinely one of the rare role models of bumiputra business leader, more like syed mokhtar + ytl + ananda krishnan combined, with a hint of steroids. Really respect his ability in undertaking such complex operations and business deals and continue to grow serba's revenue and maintaining the margins. I read your article on your reasonings in investing into serba/scib/kpower 3 times over the period of 2 months, truly like you say, if Karim is non bumi (and maybe a less BM company name like Omni Dynamics?), there is less racial bias discount and probably a premium for company leader like this. I don't even think Tim Cook of apple can handle a company like serba dinamik.
2) judging by the turnaround of scib and kpower, the ability/connection of Karim and gang to win+inject contracts is bearing fruit. His management experience in serba dinamik really put into overdrive for the turnaround of 2 counters, a good showcase of Karim's deep abilities/connections.
3) 1 real surprise is their vendor acquisition transparency. For most big listed companies, to be their vendor, either they come to you, you have to market very hard to give your proposal, or you have connections. However for serba/scib/kpower, as long as you have the valid documentations, you can register through their website. A very good example for many companies actually.
4) i think serba dinamik have a 50% chance of requiring another private placement if the knock on effects of the current abu dhabi deals bring in more future contracts in the middle east.

However, i don't understand :
a) SCIB and serba dinamik is synergistic, but can't figure out how kpower fits into their bigger picture. Kpower started out as a specialty fabric company and after Karim take over, and now expanding into infrastructure/EPCC like activities.
b) What is the reason that owning 2 more companies, injecting some contracts into them instead of just take it all under serba dinamik wing?
c) Is Karim trying in another way to prove to the market that serba deserves better valuation by getting people's attention into scib/kpower then relating it back to serba dinamik?
d) Would it be a good time now to invest into serba or wait till the private placement is completed?

Appreciate your insights on this.

Today is friday ! I want to sleep in saturday and sunday!

in flash sell your eye haven't blink already LD!

When management say this "KPMG put this bomb on table" you know something wrong with this management!

I bet paktua sold all already and admit loss

Look like valid claim from kpmg according to the slide. All the management answer is picture and some words.

MOU is nothing more than promise.

GOOD try Distributor Agent! Try to make retailer to load more.

Stanley is no longer CEO of the company lol! Not even in BOD. As Supermax depend on ASP for big profit. Any ASP reduction have BIGGG effect on the MARGIN.

Worst scenario is ceo coo cfo and bod all kena jail and fined. Their margin call share will be sold to banker at book value. New book value will be determined once all the bad debt is remove and impairment is done.

Can't play this game. Tail you lost head also lost all control by shark.

This will be very good case study for retail investor

Tq for your lesson Calvin! I will look at AR too before invest next time!

LossAversion: No risk, no gain is correct but not like lost mean lost all risk!
Always try to avoid risk with maximum gain!
__________________________________________________________________
LossAversion No risk, No Gain - that's the Mantra of trading
02/06/2021 10:58 AM

EPF will announce 1 week later!
_____________________________________________________________________
dompeilee Why EPF never show hand??? Are they scared 2 reveal that they kok UP???

Many of you just buy the share try to change the fact!
However When auditor found a loophole for fraud in a public listed company it must be reported or else all the company money will be siphon out without the shareholder knowing it!
Imagine one day karim sell all his share and left only a shell company with alot of debt!

EPF the one that play here !

F.kk u! who are you also we don't know! want to give advice?
________________________________________________
433tikitaka My advice to you guys, enter now. This counter will blow up, 2021 is vaccination year. All the best
01/06/2021 10:53 AM

ya professional distributer helping karim to distribute his share to retailer!

Best drama ever see in Stock market!

good let run!

lol like children play monopoly la suddenly Q gone then come back again lol?

KPMG is international company you think they don't have partner in Abu Dhabi to help investigate on the company? They must be very sure then only raise very minimum question to pass the ball to the management.
More and more question will come out after this!

I support you this time joy!
__________________________________________________
Posted by joyvest > Jun 1, 2021 9:19 AM | Report Abuse

If u huy today,you could be poorer by another 30% by tomorrow....

Buy for what this is clearly a fraud case! KPMG won't simply raise question if they are not 100% sure!

OMG 1 day lost 30%

I wonder if US Gov will take revenge on Glove company that raise price during the pandemic?

All so funny try extra hard to promote and get out of it! This is a great example sometimes you set cut loss TP also no use!