Careful now folks.

Director continuously selling is a bad sign. Probably the FY21 will be in the red.

Common sense..if you are a director of a company with knowledge of the company developments, will you sell your if the prospect is bright for FY2021? Hmmmmmm

Careful now folks. Suddenly the buying support of 10k plus gonneeee.Fake support to excite buying so that director can sell again at a good price? Hmmmm

Careful now folks when director keep on selling frequently. What does this tells you on Company performance?

Disposed 2 mil on 30/6/21

A fair value of 63 sen by Public Investment Bank Bhd

Careful now folks.

Directive by Bursa dated 28/06/21 only announce today.

Interestingly on 28 June 2021, prior to the directive being issued by Bursa Securities, the Company had made an announcement entitled “Status Update on the Appointment of Independent Reviewer."

Wowww..what a coincidence if you know what I mean.

Seem that the bear will definitely greet you tomorrow at 9am.


********************************************************************


Bursa Malaysia Securities Berhad (“Bursa Securities”)had on 28 June 2021,issued a directive that requires the Company to:

(a)Appoint,by 2 July 2021, an international accounting firm or an accounting firm, with international affiliation,that has adequate experience and resources, to undertake the Special Independent Review (“SIR”), to address concerns raised by KPMG PLT (“KPMG”), in their presentation to the Board on 3 May 2021;

(b)Ensure the said accounting firm appointed or its affiliates, has a presence in Bahrain and such other overseas locations, where the customers and suppliers which were highlighted by KPMG, in their presentation to the Company on 3 May2021, are located;

(c)Ensure the scope of the SIR is as per agreed between the Audit Committee of SDHB and Ernst & Young Consulting Sdn Bhd (formerly known as Ernst & Young Advisory Services Sdn Bhd)(“EY”), where the scope was also shared with Bursa Securities on 15 June 2021and that Bursa Securities reserves the rights to enlarge and extend the scope of work of the SIR to such extent as Bursa Securities may specify;and

(d)Allow the said accounting firm or the accounting firm, with international affiliation appointed to undertake the SIR, to report directly to Bursa Malaysia and the Securities Commission Malaysia, periodically, on the progress of the SIR, and on the findings upon completion of the SIR

Bursa Securities has also informed the Company that failure to comply with their directive above would be a breach of the Listing Requirements and Bursa Securities may take or impose such actions or penalties as it considers appropriate on the company and/or its directors.

The plot thickens. Adding salt to the wound (cheaper world crude oil price) tomorrow the bear will definitely welcome you 1st thing in the morning. Careful now folks.

******************************************


kinuxian For block 7 deal, it signed between Dato K and Zonecorp.

https://w.media/zonescorp-partners-with-block-7-investments-to-develop...

The links says
"The agreement was signed by Mohamed Al Khadar Al Ahmed, Chief Executive Officer, ZonesCorp, and Dato’ Dr. Ir. Mohd Abdul Karim Bin Abdullah of Block 7 Investments LLC"

However, since the claims was not a related party transaction, thus, can we assume Dato K represent Serba?

https://www.theedgemarkets.com/article/serba-dinamik-bags-rm771b-contract-abu-dhabi-project

https://apps.theedgemarkets.com/article/serba-dinamik-ceo-block-7-deal-not-related-party-transaction-i-didnt-take-shares-personally

If so, who are the representative from Block 7 / Efire? It's unlikely nobody from Block7/Efire for a 7.7bil deal.

Do check on https://efirecapital.com/ but nothing from "Who we are"

There you go folks after my earlier timely reminder.

Manage to dispose your holdings? Careful now the bear is going to run wild causing havoc again.

UOB Kay Hian 20 sen
HLInvestment 28 sen
TA Securities 28 sen

Again folks just a timely reminder.

The bear is still roaming in SD. At this moment the bear is taking a breather giving you time to escape. Take this limited & short opportunity to sell. Soon the bear will continue to cause havoc in SD.

UOB Kay Hian 20 sen
HLInvestment 28 sen
TA Securities 28 sen

k Careful now folks.

The bear is still roaming in SD. At this moment the bear is taking a breather giving you time to escape. Take this limited & short opportunity to sell. Soon the bear will continue to cause havoc in SD.

UOB Kay Hian 20 sen
HLInvestment 28 sen
TA Securities 28 sen

A fair value of 79 sen or 75% above its initial public offering price (IPO) of 45 sen by Mercury Securities Sdn Bhd.

Two choices: Cut lose now or be an unwilling long term investors

There you go folks. Kenanga Investments Bank Research.

- 1st ever results disappointment from Serba Dinamik.

- Absence of dividends is also below expectations, as SD had previously paid dividends every quarter.

- YOY against 1QFY21 (1QCY20) saw earnings dropping by 15%.

- QoQ against 4QFY21 (4QDY20) saw earnings plunging 44%.

- Short of its successfully releasing its fully audited accounts, the group's corporate governance & reliability of its reported financial statements may remain a point of contention.

- Kenanga Fair value at 0.32 sen.

Be very very fearful when the BIG INVESTORS have been & still selling & dumping aggressively.

TA Securites TP 0.28sen while HLIB at 0.28sen.

Careful now folks..Any upside in stock price, opportunities for the BIG INVESTORS to bail-out as they are not willing to be in s scenario of holding SD in-case SD it get suspended0

TA Securities Research 28 sen.

HLeong Investment Bank 28 sen.

There you go folks.

TA Securities Research has further revised downward to 28 sen.

Hong Leong Investment Bank downgraded with a target price of 28 sen.

Careful now folks..Be fearful when the big investors are aggressively bailing out from SD.

https://focusmalaysia.my/as-the-clock-ticks-serba-needs-to-quickly-get...

What say you, folks!

Continued profit growth fails to support Serba Dinamik share price, why?

https://www.theedgemarkets.com/article/continued-profit-growth-fails-support-serba-dinamik-share-price-why

There you go, folks!

Desperate times call for desperate measures.

https://www.facebook.com/groups/241567406034394/permalink/1642152582642529/

Careful now folks!

By the time all the big institutions finish selling my six sense feeling says that Bursa & SC will take necessary actions against SD. Followed with loans default only then the banks will take necessary actions against SD too.

So the big question can Serba Dinamik be the same as before after hit by a continuous tsunami?

Careful now, folks!

SD is the one who should reply professionally to their auditor.

Also up till this date, there still no confirmation from their oversea Client/Contractors/Suppliers on the authenticity for the supply & contract awarded by or to their oversea clients/contractors/suppliers to counter the auditor claims.

Worse still, their oversea client/contractors/suppliers in question are keeping mum too.

Be fearful when the big investors are aggressively on selling mode.

Careful now, folks!

KPMG Resignation{ Good news to the BoDs but sadly not the share prices.

Big investors will continue to shun this counter...worse still existing big funds will surely continue to cash out

Careful now, folks!

KPMG Resignation{ Good news to the BoDs but sadly not the share prices. Big investors will continue to shun this counter...worse still existing big funds will surely continue to cash out

The end is near, folks!

KPMG will vigorously contest any court proceedings.


https://www.theedgemarkets.com/article/no-basis-legal-action-says-kpmg-serba-dinamik-suit

There you go folks.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3166170

Now we know which party is a clown?

Folks, is he the same person as Chairman??

1st read this; https://www.freemalaysiatoday.com/category/highlight/2021/04/09/co-op-...

Next read this: https://www.freemalaysiatoday.com/category/nation/2021/04/11/now-kapb-...

Careful now!

Folks, is he the same person as Chairman??

1st read this; https://www.freemalaysiatoday.com/category/highlight/2021/04/09/co-op-...

Next read this: https://www.freemalaysiatoday.com/category/nation/2021/04/11/now-kapb-...

Careful now!

The end is near..careful now folks!

18/6/21 - director disposed 2mil at 0.175

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3167951

https://twitter.com/chrisannechin/status/1402141207745073152?s=21

Anyone checking the authenticity of the PhD qualifications

SD securedt two ICT contracts to implement a digital platform in Zambia worth RM529.63 million,…. Can’t even find ZCOM Systems Limited website

EPF reported 680k sold on 2 June. 3 & 8 Jun??

Conspiracy theories

https://twitter.com/saraedoraali/status/1401825324766175232?s=21

https://twitter.com/saraedoraali/status/1401825332341084161?s=21

Old news SC to investigate SD

https://www.google.com.my/amp/s/www.malaymail.com/amp/news/money/2021/05/31/securities-commission-opens-investigation-into-oil-firm-serba-dinamik/1978397

You have been warned.

1. Accumulation: Done
2. Markup: Done
3. Distribution: Almost Done
4. Markdown: Soon

Careful now folks!

Smetric lagi berJoget with cash in the bank.

Smetric is in-between the distribution & markdown price cycles now folks. Careful now!

A small company with too much cash in the bank sadly only earning a friction of interest which could not offset the slow business caused by the pandemic. CEO with a vision will generate better income rather than letting the cash sitting in the bank with a little returns.

Careful now folks!

Remember folks, this counter can't shine since the C19 pandemic. Critical support level at 0.120 will be tested again. 2Q & the 3Q results will still be in the red. The 4Q will probably be good. Careful now.

Major major red flag.

Smetric cycles:

1. Accumulation: Done
2. Markup: Done
3. Distribution: Ongoing now
4. Markdown: Soon

Careful now folks!

Distribution in progress slowly & surely. Careful now folks!

Q1 loss..unable to shine since the covid pandemic. Get out while u still can, Under 0.10 in the making. Careful now folks!

Velesto will be on the dire straits till 2022 folks. A wise investor will switch to other potential counters. The unwise one will still be in-denial folks!

With massive selling pressures today & weeks to come, rest assured that the aggressive supports will die out in due time. So take this opportunity to sell.

Remember folks, the fake support will not last long!

TP 0.095 for now.

Will be even lower (Tp 0.055) after the next 2Q financial result announcement as the impact of Naga 7 will be felt.

Careful now, folks!!

1. Naga7 under water.
2. Zero utilisation for Naga 7 from May 2021 pending updates on the rig’s operability.
3. Ongoing & future contracts will be affected.
4. Earnings will be deeply affected with zero utilization of Naga 7.
5. High costs incurred to salvage Naga7 & to make it seaworthiness which will take at least 2 years & this remain to be seen.
6. Time to sell & move on.

0.095 in the making..slowly & surely. Be extra careful now folks!

Careful now folks!

https://www.facebook.com/568216023189352/posts/5655371627807074/?d=n

Naga7 now under the sea. Major loses as ongoing & future contracts can’t be fulfilled.

Careful now, folks!

NAGA 7 - Jack Up Drilling Rig owned by Velesto Energy Bhd. CONOCO PH drilling project .. near to KIKEH deep water

https://www.facebook.com/735543803245641/posts/2241898892610117/?d=n

(March 23): The private sector must invest in innovation and digitalisation — leveraging digital platforms, ecosystems and marketplaces to boost productivity.

Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said this includes investing in cybersecurity to create a safe, secure and trusted digital ecosystem for businesses to operate.

"We envision industry players not just as users and adopters, but also creators of innovative business models under the digital economy."

Based on the indicative issue price of RM0.147per Placement Share.


1. Latest practicable date prior to this announcement (“LPD”)

No. of shares in issue 536,030,000
Net assets per Share (sen) 8.19


2. After (1) and assuming full exercise of Outstanding Warrants 2020/2023

No. of shares in issue 779,530,000
Net assets per Share (sen) 10.63


3. After (2) and the Proposed Private Placement

No. of shares in issue 886,706,000
Net assets per Share (sen) 11.11


The Proposed Private Placement is not expected to have any material effect on Securemetric’s earnings and EPS for the financial year ending 31 December 2021as the Proposed Private Placement may be completed up to 6 months from the date of approval from Bursa Securities whilst the proceeds to be raised are expected to be used over a period of up to 24 months from the date of listing of the Placement Shares.

The issuance of Placement Shares will causeSecuremetric’s EPS to be diluted as a result of the increase in the number of Securemetric Shares.

However, the Proposed Private Placement is expected to contribute positively to the future earnings and EPS of Securemetric when the economic and financial benefits from the use of proceeds are realised.

Advice..good$ things$ come$ to$ those$ who$ wait$ patiently$

https://my.jora.com/Securemetric-Technology-Sdn-Bhd-jobs Look like Securem expanding...employing more Senior staffs.Going to secure big contract soon? Hmmmmm

Lol..no worries mine at 0.47

Indeed..good$ things$ come$ to$ those$ who$ wait$ patiently$