The solution is dissolution of the company. When figures are so materially inflated or fake, the company is worth nothing. We are gonna see RM0.15-0.30 a share for serba,
A check with Sense Maker i3 forum history shows that he 1st joined i3 forum in January 2013 (9 months before i joined)
To have survived the shark and crocs infested stock market these 8 years show that he has been very careful & watchful of his investments while so many have fallen prey and perished. Many other Careless & Heedless Punters & Traders No longer in i3 after having lost everything & gone bankrupt
The solution is dissolution of the company. When figures are so materially inflated or fake, the company is worth nothing. We are gonna see RM0.15-0.30 a share for serba,
1) When figures are so materially inflated or fake, the company is worth nothing.
He said Serba accounts are inflated & fake & the company is worth nothing
Alex™ppl hoot serbadk coz good prospect. now this audit thing come out. apa confident pun habik dah
02/06/2021 12:14 PM
Survivor13Wait and see lah. No comment. Not for arguing. Invest according to your risk appetite. if not holding the stock, don't comment. You make the holder confuse and lost their fate. They can do their due diligence. Be frank and asked youself are not so kind to safe ppl. right?
02/06/2021 12:19 PM
newbie8080I don't think anyone cares about this. Out of 1,000 ppl here, at least 70% are punters/day traders/short term(<3mths) trader which can be justified by the volume generated.
02/06/2021 12:26 PM
stockraiderWhy no holding the stock, no comment leh ??
People comment with noble intention...to save other people being con loh...!!
02/06/2021 12:29 PM
Survivor13wow! Wow! noble intention? Sure or not? Comment one potential stock for newbie? But don't pick like NETX one. Kill ppl one.
02/06/2021 1:24 PM
chkhooju100% agreed with calvintaneng. I don't have a single share in Serbadk too but I told my friends not to touch this stock many months ago. Why? I smelled a rat when they did two pp within a span of two months. A red flag was raised since then.
02/06/2021 1:26 PM
chkhoojuCorrection six months, not two months. Sorry.
emsvsiSerba Dinamik shareholders should diversify their holdings into safe havens (Defensive) that are undervalued (Value) and which has shown year-over-year growth (Growth) during the pandemic and unprecedented times
The Top Defensive + Value + Growth Stock is MMC (2194)
The Value of MMC (2194) Senai Airport City (SAC) land alone is worth *RM4.48 billion, more than the entire market capitalisation of MMC, without even including the crown jewel Ports division (PTP, Northport, Johor Port, Penang Port, Tanjung Bruas Port), Listed Entities 37.6% Malakoff and 30.9% Gas Malaysia, Engineering (MRT1 & 2 and upcoming MRT3 - MMC-Gamuda JV)
*Senai Airport City Value = (2,055 - 11.07) acres * RM24.1 mil / 11.07 acres = RM 4,478.22 million @ RM 4.48 billion
- Senai Airport land - 2,055 acres as @ 31 December 2020 source Annual Report 2020 - Shengda New Energy Sdn Bhd purchases 11.07 acres of land in Senai Airport City from MMC for RM 24.1 mil in April 2021
Buying an undervalued stock based on True Intrinsic Value (TIV) is the most excellent way to invest
Sincerely, EMSVSI
02/06/2021 1:46 PM
newbie8080Actually, KPOWER and SCIB also have same modus operandi, 2 PP in the last 12 months
02/06/2021 2:05 PM
Survivor13NETX ok, when ripe it will perform!. Perfect statement con man. You can apply to all stock when you are fail, All will definitely ripe and will perform one day too. What kind of statement you quoted. haha
02/06/2021 2:40 PM
Jack KhanLossAversion: 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
calvintanengAzrb also good as it has both palm oil and Ogse
02/06/2021 3:34 PM
sense makerLiabilities were 100% real; Assets are 50-80% fake, inflated mainly from past recorded profits. That leaves a picture of a company technically insolvent, looking for cash injection now. That bankers, rating agency and kwsp were all sleeping all along, happily assuming the accounting figures were materially correct is so disappointing. You buy now you pay for nothing- zero value. Just my 2 sen.
calvintanengsense maker Liabilities were 100% real; Assets are 50-80% fake, inflated mainly from past recorded profits. That leaves a picture of a company technically insolvent, looking for cash injection now. That bankers, rating agency and kwsp were all sleeping all along, happily assuming the accounting figures were materially correct is so disappointing. You buy now you pay for nothing- zero value. Just my 2 sen. 02/06/2021 5:36 PM
(((That leaves a picture of a company technically insolvent))),
Calvin thinks deeper,
THAT LEAVES A PICTURE OF SERBA TECHNICALLY INSOLVENT?
THAT MEANS THAT SERBA GOING TO DROP INTO PN17 STATUS?
HMMMM?
AIYOYO!!! THIS IS GOING TO SEE MORE DOWNSIDE SOON
02/06/2021 7:55 PM
sense makerThose believing the assets are 50%-80% fake will use this self-calculated substance to determine it’s technically insolvent. Those who don’t believe will have to wait for the next set of audited accounts, currently delayed, to believe. Big impairment has to happen first which drives equity into negative territory, which means technical insolvency. In the interim, there will be ding dong in share prices, with clear downward pressure.
stockraiderThe bond prices is always a good forward indicators of the future financial health of the company, In serba case base on the bond price the future look pessimistic & dire loh...!!
Posted by stockraider > Jun 3, 2021 10:45 AM | Report Abuse X
Whats that tell U on Serba bond price with a sell quotation on 0.45 when the bond maturity is on 2022, with a par value of 1.00.?
That means high chance that Serba will go bankrupt mah...!
But still investing in Serba bond is still a better preposition of holding on or buying into serba shares loh!
I admire Philip for his decisive and fast action in selling Serbadk and buy Serbadk US bond mature on 2022. Philip is looking at multibagger when serbadk redeem the US bond mature in 2022.
If their books are cooked n his political connection cant save his ass then the Bond may be cooler than water
Anyway Philip will earn big on the Bond if Karim can do a magic lah
High risk high rewards
03/06/2021 11:11 AM
sceneryStockraider was proven a shameless conman who tamper my post n deleted the word "STOP" in my post to lie that I ask ppl to buy Lambo when I was asking ppl to stop buying at 4.5 cts since Sept 2020.
He also tamper others posts n together with his gangs calvint n ular/dragonslayer deleting others posts to cover up his conning ppl to buy Netx even after the Edge said Netx is Con stock, n he now lied that he didn't know about it.
Posted by scenery > May 15, 2021 9:16 PM | Report Abuse X
I asked ppl to stop buying Lambo since Sep 22, 2020 when price was still around 4.5 cts, after dropping from high of 8 cts in 7/8/20.
Posted by scenery > Sep 22, 2020 11:34 AM | Report Abuse X It needs very good news, market goreng time over, winter come. 500mls pp waiting to cash out, nobody will push anymore. waiting for 5 yrs is silly, you never know what will happen. Until good signs come back including the world economy, buy also not too late. Buy at the beginning of uptrend not down trend.
--------- Posted by Mikecyc > May 30, 2021 9:07 PM | Report Abuse
Haha kon stock raider despite : copy , cut , add sentence on other ppl posts to posting to mislead ppl... just as kon stock raider is an old kon man with thick skin .. no integrity n no dignity ..
Posted by Mikecyc > May 30, 2021 9:09 PM | Report Abuse
Haha some more Kon stock raider with his faked id Leno did flag post removed on my March n April posts .. to do double complaint on me .. where as Kon artist ssleee write to complaint with i3 messenger ...
04/06/2021 5:15 PM
Powerplay666I went through the past qr results for all 3 Karim companies. The revenue earnings growth for them is like a step ladder growth. Almost too good to be true. My question is why all the doubts being raised now. Why didn't someone ask before all the hard questions? Easy to poke holes now that the company is under investigation. Anyway there are too many fishy doubts for me to buy even at this price.
U think old fox like Karim & gang will get agitated by the young pretty girls type of qustioning ah ?
Get real lah....the point is these kpmg....hit the bull eyes although the adverse findings are simple & crude but it is the core of serba book cooking..& the owner, management & directors cannot & unable to address the issue bcos it is real loh...!!
Thus Karim n gang try to put out a grand show to deflect their current very difficult situation loh!
Actually there is no limit to share price fall, when it is established there are a big kon in serba, kpower and scib loh!
Posted by Jonathan Keung > Jun 5, 2021 8:15 AM | Report Abuse
Charles T : yes big boss angry & agitated by the young KMPG girls line of questioning .this junior babes know only how to pass exams but totally lack social etiquette ot basic business skills. Part of the team just greenbees. Now you understand why this girls are doing all the work during MCO and submit their report to the seniors. The seniors repose their findings to team head .no discussion due to MCO .big irreparable damages to this bunch of nitwigs
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....