it is quadruple witching on friday... normal, go google, monday drop back

Ageson.... same like ARBB, their website got nothing of their projects but stock images they got from the internet. Imaging going to MahSing website and they show you beautiful website of some unknown projects, people pointing here and there.... same con company, all they do is create website, sign MOU, and sell beautiful stories.

every quarter says next quarter ASP rise, customer will re-stock, etc etc.... good news after good news.

have any of the new glove maker close shop? mahsing, gkent, etc are all still operating their glove business at a loss, this includes those in China and Thailand. Until these small new business/company close down/merge, the market will be oversupplied with gloves as everyone will fight for market share by throwing prices.

Maybe 10 years later we'll see the recovery.

@lehubeng

How does that work? PP investors still need to pay for the shares, right? So, if they PP at RM0.015 and it goes down to RM0.010, then the PP investors lost money, right? My question is, why are they doing this? Is it to keep the company aflot while borrowing money from banks to pay for the directors fees?

Can someone explain to me how can they profit via PP? They already PP below their PP price. What is the point of them doing this? Thanks

https://theedgemalaysia.com/node/670610

gov just u-turn...

Selling pressure due to being removed from FBA100 or some index.

commodities rally is over, need to wait for 10+ years for the next rally.

So, CCK-WA hopeless already?

report has 0 word on glove.... went into glove after 2 years pandemic started. this kind of management.... cannot use

I wonder what happened to the pearlwhite guy, that wrote super long articles on why Serba is not fake and how there is a conspiracy to crash the price to scoop it up. Super long articles with detailed 'fake' stories he pulled from Tanjung Rambutan.

Where is he now....

MarcusBioTech probably invested majority of his money into ARBB, hoping the nasdaq listing will make him a multi-millionaire.

Just look at ARBB website, where is the screen shot? where is the demo? where is the download? where is the tutorial? where is case study? nothing.... only stock images. Look at the recent listed Autocount, they have everything.... how can a software company not show their software?

you need to wake up and smell the shit Liew lied to you. Scam stock...

MarcusBioTech

Screen shot of their software or demo, please. I have a space house on the moon to sell to you, please trust me.

like all IPO, first few quarters beautiful... then... ugly.

other than the one off tax penalty, overall... not bad. expected.

1. Why do they kept on changing auditor?
2. In the AGM, please tell them to demo the software and share screen shot of the software.
3. Please tell them to reveal the list of clients.

agree, thus I hope they take a break and pay down their debt for the next 2 years, and then starts bidding for projects again.

you know... nothing you say here is going to move the stock price, market is too big for you to influence it. you are panicking. chill bro.

Fortune favors the bold, this is either the bottom, or you are in for a ride of your lifetime.
https://ibb.co/YDbJZwf

technical chart

@Lukesharewalker

Goodlord, how much you invested in SKP? Looks like you are panicking.

celcom and sapura got no fake accounting. cannot compare

maybe even liew lost money, maybe he thought with the nasdaq good news, he can offload his shares. but never fly also.

Karim Con Man
karma bite him

Laos-China Railway records over 13,000 cross-border passenger trips since April 13

https://www.thestar.com.my/aseanplus/aseanplus-news/2023/05/14/laos-china-railway-records-over-13000-cross-border-passenger-trips-since-april-13

Can give RM100m project but company doesn't even have a website? or I am not good in googling, please share BFI website. Thanks. I want to know more about BFI to know if it is a legit company.

According to my research, BFI was founded in July 2020, about 3 years ago, and so fast can give rm100m project to ARBB?

The only difference between ARBB and Serba is one got caught and the other might get away with the crime. Serba IT too has huge revenue, but 0 screen shot of their software, no real clients except for a toilet cleaning co in India....

50 cents coming soon... after consolidation. AT board and supporters will be right eventually.

How's the supporter in Serba Telegram forum? All still so happy averaging down?

MarcusBioTech

Can you ask the board to demo the software and services during AGM? I would love to see some magic show. Not a single screen shot of their software available on their website.

I think you got Maria wrong, construction is expected to be completed late 2024 and first oil around mid 2025.

i never noticed the acronym until you mentioned it. the reason why the share price is flat is because how many hydro power dam can you build? even if you have a new project, it will take another 15 years. growth is guaranteed to remain stagnant for many years unless their other subsidiaries are able to grow at an incredible speed.

For them to grow, they need to venture into a new business that is scalable and moderately profitable.

More FamilyMart stores to open in east coast this year, no more alcohol, Halal certified and 300 FamiCafes

https://www.nst.com.my/business/2023/05/907895/more-familymart-stores-open-east-coast-year

That website is hosting on a shared hosting and created via WIX? Who uses WIX for web building? Little high school kids? Not even WordPress with own dedicated hosting. If this doesn't smell like something is rotten, then I dont know what to say. Serba did that with all their tiny 'affiliate' companies that awarded them huge mega projects. All their partners' website are created on cheap shared hosting using free templates.

lots of stock photos but not a single real world photos of their products or any real screen shot of their software. if this is not a big red flag, then i dont know what it is.

still losing money.... wtf

They should slowly rebrand their stores to Maru or something different, new concept or something really attractive. Like limited 100 RM2 nasi lemak per day and RM2 coffee per day. that mynews brand is so bad, like how 711 never had a running slurpy machine.

Creador gonna list ecoshop? If so, this will be mrdiy biggest competitor

"We expect Yinson’s earnings to double this year on the back of its existing and new projects." - CIMB

all those new glove factories/companies are still running, means supply will still be high. until these new factories close shop, dont expect global production to drop.

until majority of the new comers starts closing down their factories, not sell, but close down, the market will be flooded with cheaper gloves for years to come. which new comer close down their glove factory?

fire run fire

I told you so… bad qr

Encik Noor Azri also was a director in Serba... hmmm....

karim can cook.... cook the books

Dont expect ASP to go up until we see those newly sprung glove companies quit 1 by 1, not sell their business but quit as in liquidate their factory as nobody is interested in taking over the business. Till then, the market will be flooded with gloves. Harta will be fine, TopGlove really GG.

PTRB got sell Ikan Bilis?

what happened?

Sell their diner club franchise and went in big to glove after 2 years of covid, what kind of decision is this? if they sold the franchise and went into something else, be it hotel or palm oil, also can make more money. They could have expanded their hotel in lumut but no... glove is what they went into.