Sometimes I am thinking is all this random price target with no basis lol

Lol, I thought predicted this will break 0.90...........

this is high risk high gain or high losses, the veteran all got burn for buying before suspension, then the one win big when buy at lowest, then now those chasing high got burn now, dilemma whether to continue betting on this or cut loss or even average down........

Actually, a white knight will want to dissect this whole company into pieces instead to acquire those useful portion instead of the whole debt, anyway it is already a deep losses to the big fund especially PNB who as the major shareholder should find someone able to steer the whole company to profit......but to PNB, 40% of this whole sapura thing only account 1% of their investment......

Buy sapura better if anyone believe in the combination of bumi concept and gov will not let this company close down........

US side rallying, so expect next week, hardly able to get cheap anymore, anyone throwing by 0.855-0.85 mostly is losses, not expecting anyone unless someone want to push down but like last week, the plan like backfired, anyone never know whether they have any bad news on hand to push down the price.......

Supermx still so steady.........somehow the price already stabilized as no more surprises, this is the profit already, now up to how the company growth.........

Ok, 0.865 still really strong yet, need see next weekend......

Actually up or down also the company still profit, for the bosses, it is business as usual, defending the price for what, they are not investor also, obviously they can buy more share to strengthen their holdings in the company. Bosses is to make sure company profit and keep growing.....

Still don't manage to get 0.85, no one throwing cheap price anymore, still hard to pass 0.865 barrier......

Actually what trigger the force selling for Karim actually, the stock been use as collateral?

Seriously, so many debt collection, not sure to pay who now as already defaulting left and right already, worst, this is months of defaulting already, surely till the court, anyone with loan will know this is just desperate step already if till the court, all discussion already break down.......

To me, it is like how many someone can keep throw at losses between 0.85-0.855, surely if they can manage to press down till 0.80-0.84 for buy back later then they will win else not sure who want to dump at losses......

Sometimes I just think interest hikes in US bad or good for inari, personally i think non related but somehow said this impact general tech stock.

Lol, very fierce battle, same as yesterday between 0.86-0.865, see anyone will throw out the good price of 0.85-0.855 more to push down the price or not later.........

Thats why I see, problem is I don't see anyone dumping, people just keep buy when fall in new low, this is why drop to 0.85, the price still within the barrier 0.86-8.65 as not likely anyone follow to dump at 0.85-0.855

but myeg now is lowest, cannot be anyone buy lower, those selling now should in loss, shorties, so cannot really said anyone dumping to profit..........

Thinking are myeg buy high at 0.88 then what happen to push down 0.85......

So means ASIA INTERNET HOLDINGS SDN. BHD. (a substantial shareholder) acquired 22,500,000 shares on 25-May-2022. only ........

Think myeg very fake today lol, last minute got people throw at 0.85 somemore.........

I think this is the purpose, the one throwing don't think from investor, mainly those want to push down the price.

I notice got people keep throw at 0.855, so strong resistance between 0.86-0.865.......trying to break this barrier now........

See like people die die also wan push down the price today lol

Seriously, I am thinking whether is the market know something I don't know as they keep throwing cheap like wan cut loss lol

everyday like new low........

This ARIM is the case that past beyond negotiation, months without news, same with the bankers, months passed, same process of your loan defaulting, within 3 months, your property will already be in auction house.......threatening them for total loss will work you believe?

By the way, seriously, with mere 20%++ shareholding for the major shareholder, this person should be replace to restore confidence......

Actually, it is not about the banker also, it is about whether their current cash able to continue operation, are they still bleeding as the last they default on payment and in losses......it is even worst when even the major shareholder need force selling, this is all warning signal.......anyway for bankers, this is not the first time they face this, as all ruin businesses also ask for leniency etc..........which either you get back something or nothing, asking bankers to gamble will be a big NO for them.......

The current threat is the banker now before even think about rights issue, share consolidation etc, all also bad news............

Seriously, I am thinking what is in the mind of those people donating to the gov under PH to help pay for the country debts when the country tell you now they have plenty all this while, maybe a refund option since the country seems don't need the money at all......

18 billion? For sure? with price of 0.10, the whole company only cost 1.4 billion....

Holding this stock is like roller coaster, sleepless night, previous people betting on this, all on heavy losses, new comer who just bought high now back to the dilemma of the veterans here that does not cut loss, 40%-50% paper losses, still better than the veterans here, atleast 70% losses, so far I will said those who set cut loss target will be the better manage one compare to hardcore supporter........

This is the thing people saying, if they have asset able to sale, should have already done earlier or even been use to get more loan instead, why want to sell at a discounted price.....anyway, this is why high risk high gain but also high losses.......

This will be the thing, either you believe or not their plan as someone might think if there already have such plan, you won't wait until the debtors to sue you with desperate move of selling assets. Any mishap will only mean another batch of casualty, one batch on 1.60 crashing down, one batch all the way to 0.35, one batch crashing till 0.22-0.06, so finally, will this another batch of 0.15++ be luckier, surely we have those still holding on each different batches previously..........

From the info here, this company is still in losses on their latest quarter this year, the key question is will they stop their bleeding and when? Anyway, definitely, the latest threat will be how to convince their debtor before Jun 8 to drop the case......

In late April, the group and its three subsidiaries were served with winding-up petitions from six financial institutions that were involved in providing RM1.2 bil in syndicated term financing.
The group in its recently announced financial results posted a net loss of RM290.33 mil for its 2Q ended Dec 31, 2021 as revenue further plummeted across key operating segments (net loss for 1Q FY6/2022: -RM42.11 mil).
As of end-2021, Serba Dinamik has short-term borrowings of RM1.45 bil plus long-term debts of RM2.27 bil whereas cash and cash equivalents amounted to RM218.95 mil.

Seriously, this is the same thinking on those when crash from 1.60 till 0.35 previously, now we are back to the same thinking again with much worst scenario than before, those buy below 0.10 and then throw above 0.15-0.2 bet correctly at that moment, to me this just pure goreng now as nothing is backing the current price unless you got insider info that they have the expected profit to back their business to convince the debtors........

Well, really need to see whether this group of buyer is new investors to this stock, the one said earning must be those newly buying last week also, doubt anyone trying to average down from the new low previously........high risk high gain I only can said.....

No one interest anymore on glove as cannot goreng lol, go oil stock now, people just like to goreng, no care profit/loss, pn17 or not...........

From billions revenue drop till millions revenue, from RM1.60++ crash till 0.35, then suspend till trading again, crashing to 0.10++, tell us how many cash burn here? millions? even billions from those fund holders like KWAP?
Economic consequences? Means all those big company major shareholders all can have same impact to economy will have this same decision later? can we scold those so busybody to make till so formal, close one eye can already right then price won't crash right? why so troublesome do all this?

The only thing i see positive news is management pay the fines and continue manage the company, then AGC come out clear the air.......so means can continue the good job of finding more contract, this time need be more careful.........lol

Are you sure want to congrats? Congrats to those willing to risk at below 0.10, not those old timer holding above 0.35..........

Actually, those sold already done in early stage, anyone still want to buyback no issue at all, there is no regret in stock market as you can always buyback but the question mark will be whether you will drop back to the same hole again......

with 24 million, 400 million++ unit to 0.06, you can become one of the major shareholder owning 10% shareholding.......lol

Seems really alot wan gamble or true genius as 400 million++ = 10% of this stock, even today 200 million++ = 5% of this stock, almost same like previous KWAP holding..........

Awaiting for boss buy back signal lol

Just one way out, who will borrow more money to serba or even buy over all the loan to postpone the repayment to indefinitely? where the fund will come.....

The new price seems stabilize at 6c onwards, place your bet here, what is the prediction, going up or down? I predict will break below 5c.....

Pump and dump? This very risky to me as this negativity momentum is way too strong, fraud accounting then defaulting then regularization plan approval........all hammering down..........proven since Monday anyone try to average or even buy face 50% losses...........not to even said those not cutting losses since those were the days of 0.35 to 1++

tnang

at 7 cent, market cap only 260m, some big fish will come and take over the company. believe SD assets much more than that, with the current oil.

LOL you must be kidding, you forgotten about the debt right, the debt is more than the whole company asset now, the current one need to settle :

While the group has in recent times circumvented criminal charges for falsifying is accounts by virtue of a RM16 mil compound trade-off, one wonders how the group is able to wrangle of the outstanding 25% of its US$222.22 mil (RM974.13 mil) sukuk which is due for maturity this month.