Such a rich man, can always hire a full time nurse...., right?

When many things start to change suddenly after the audit, it signals critical red flags that things are not right.

Posted by Huangbk72 > Jun 22, 2021 6:27 AM | Report Abuse

Chairman resigning
EPF further disposing
Pending audit issues

All signs pointing to KPMG audit issues are real. EY will confirm KPMG findings: Period

Surprised to see people promoting this counter:

KPMG did a lousy job for 1MDB. If it did the same to Serba, it can close shop for good.

This Serba saga will take months to analyse and to clear out the mess.

Buying rate currently at 34%

Bad sign. Should open with 0.80! Looks like one day show. Run ah!

KPMG had raised issues relating to sales, trade payables and material on site balances involving 11 parties which accounted for total sales transactions of RM2.32 billion, a trade receivables balance of RM652 million and materials on site balance of RM569 million.

KPMG also raised issues around Serba Dinamik's customer and supplier in Bahrain, involving total sales transactions of US$101 million (RM417.48 million) and trade receivables balance of US$24 million (RM99.2 million).

These are indeed very very serious issues; KPMG cannot be wrong on all these counts. It is very difficult for SD to wash them all clean! If it can, KPMG will be in deep trouble!

Opportunity to get out. It may be one-day affair!

Insider AWANG DAUD BIN AWANG PUTERA, a director of Serba, sold 12.8m shares in opened market. Panic or not?

Serba share price sinks; Serba bond price also sinks. What is next?

Don't play play with AH LONG. If your bet is in your favour, well and good, lucky! If not, jump is not a solution. Recent case: son could not repaid AH LONG; AH LONG went after his mother; his mother had no choice, she disown her son.... Think hard before you leap. Don't do things than can possibly harm others.

This year, according to some reports, the harvest for durians is expected to be lower than that of the previous years due to unfavourable weather conditions. Will the higher price of durians and/or increased export numbers make up for the short fall?

With all the troubles brewing, risk is great; cheap can become cheaper. Treasure your hard earned money, stay away. Keep your money warmly under the pillow and sleep soundly at night.

04-Jun-2021 Insider DATUK ABDUL KADIER SAHIB (a substantial shareholder) acquired 3,000,000 shares on 04-Jun-2021.
04-Jun-2021 Insider DATUK ABDUL KADIER SAHIB (a company director) acquired 3,000,000 shares

These two transactions is the same transaction, isn't it?

Similarity this two pairs:

03-Jun-2021 Insider DATUK ABDUL KADIER SAHIB (a substantial shareholder) acquired 3,000,000 shares on 03-Jun-2021.
03-Jun-2021 Insider DATUK ABDUL KADIER SAHIB (a company director) acquired 3,000,000 shares on 03-Jun-2021.

02-Jun-2021 Insider DATUK ABDUL KADIER SAHIB (a substantial shareholder) acquired 5,000,000 shares on 02-Jun-2021.
02-Jun-2021 Insider DATUK ABDUL KADIER BIN SAHIB (a company director) acquired 5,000,000 shares on 02-Jun-2021.

Yes you can 100% win in a toss. Mark both sides as heads. This another type of fraud!

No point arguing until the cows come home. Believe in what you want, do whatever you like. It's your hard earned money. Like going to a casino, head you win, tail you lose. Sometimes, a little luck helps!

02-Jun-2021 Insider Notice of ceasing to be substantial holder - KUMPULAN WANG PERSARAAN on 01-Jun-2021, dumping 26 m shares in the open market tells a lot on what is happening in Serba. To add fuel to fire, PNB also came out to express concerns about developing Serba saga. Likely to have more weaknesses in its share price going forward as more clarity emerges.

02/06/2021 9:20 PM



Roy 8

Serba is a dynamite that can blow your money into pieces!

Sentiment in this counter is very poor; might see further weakness going forward.

Long term investors, have a hard look at Pbank quality numbers. Worth investing in it over the long term?

It is not a high tech business. Anybody can easily copy its business model. Risky and Overvalued! Net asset value per share is only 15 sen!

A commendable 1Q21 results in the midst of pandemic!

https://www.businesstimes.com.sg/banking-finance/malaysias-maybank-to-stop-financing-new-coal-activities

The current trend is Climate change and going green. Some countries are implementing carbon tax to discourage companies to use coal.

Avoid companies using coal in their business.

Building a production factory in US is not viable or cost effective in long run. Take an example, Operating cost in US is comparative much higher than Malaysia. Recently, Biden sets the minimum hourly wage rate at high US$15. Currently, minimum hourly rate is US$ 7.25. The daily worker's pay is 8hours X US$7.25 = US$58 = MY240. How much is a Malaysian worker in a glove factory being paid per day?
At what selling price of glove is Supermax going to sell in US? If US is flooded with cheaper MY or China made gloves, what happens...

Oil prices on the uptrend. World economy is recovering. Dnex will benefit.

Implementation of GST is imminent to boost up gov revenue, may be as soon as 2022. Good for MYEG!

Good news coming!

AirAsia Group Bhd expects clarity on its fund-raising efforts in the next two to three months, as the company continues talks with prospective funders. The budget airline has been looking to raise up to RM2.50bn to weather the pandemic-induced slump in global travel, initially aiming to secure the funds by the end of last year. So far, it raised US$82.0m from TPG Capital executives, Aimia Inc and others through private share placements. (The Edge)

Pure dilution of share value!

EPF is so bullish on Bursa with all the buying!

When Jalil takes the lead to buy more and accumulate, we must ikut lah. Support each other. Bagus oh!

Jalil extends his tentacle to Redtone! Bagus oh! Welcome aboard Jalil.

Buy into a company that has little substance, u are playing with fire and may burn your pant if u are not careful!

Charts don't lie. Sure or not?

Syndicate(s) fooling around with this counter, resulting in high volatility. Don't get caught in the trap!

Chase it till the end of the rainbow. When the rainbow disappears, the tears will fall.

Saying that VT is selling to leaving bj is very speculative and can be untrue. Bj is VT's baby and his pride and joy.. He said he is giving away half his fortune to charity. There are many ways to donate to charity without selling bj. He may have some reasons for selling some of his bj shares, definitely not all. Maybe he sold some at the wrong time. To be , no big issue.

Dataprp sunk from rm 4.00+ to 80 sen to shake out the weak holders. Now, it has rebounded in price to current rm 1.93 highest. Berjaya corp might follow the same pattern in price movement. Hold and then benefit from the imminent uptrend.

AUTOSHOW Chip shortage casts shadow on China's auto industry recovery
Author: Tan KW | Publish date: Mon, 19 Apr 2021, 8:09 AM

SHANGHAI: Auto industry executives are rattled by a global shortage of semiconductors which is hitting production in China, after hoping the world's biggest car market could spearhead global recovery in the sector.

Automakers around the world have had to adjust assembly lines due to the shortages, caused by manufacturing delays that some semiconductor makers blame on a faster-than expected recovery from the coronavirus pandemic.

Volkswagen AG, China's biggest foreign automaker which wants to sell over four million vehicles in the country, said the impact of the shortage remains unabated in the second quarter this year.

Stephan Woellenstein, Volkswagen's China chief, told reporters on Sunday it was hard to gauge how much production Volkswagen might lose week to week or even month to month because of the chip shortage.


"It's really like fire-fighting... In some cases, we have switched to another chip so we changed suppliers," he said, ahead of the Shanghai auto show which opens on Monday.

China, where over 25 million vehicles were sold last year, become a ray of hope for automakers, including Volkswagen and General Motors, as the global auto industry was hit hard by the pandemic.

However, China is also where news of the auto chip shortage first emerged last year. The shortage was worsened by a fire in Renesas Electronics' chip factory in Japan in March.

In 2019, automotive groups accounted for roughly a tenth of the $429 billion semiconductor market, according to McKinsey, with NXP Semiconductor, Germany's Infineon and Renesas among key suppliers to the sector.

Automakers, including Nissan Motor, Ford Motor and Nio Inc said they cut production due to the chip supply shortage.

Li Shaohua, senior official at China Association of Automobile Manufacturers, said chip supply shortage hit auto production by 5% to 8% in the first two months this year and expects the impact to ease from the third quarter of this year.

As a result, China Automobile Dealers Association, said it expects car inventory to continue to drop in China as the chip shortage hits overall auto production. Supply of some car models might not be able to meet demand, it said



- Reuters

News From the Front on Semiconductors: The Shortage Is Getting Worse
The Barron's Daily
April 16, 2021 6:45 pm ET
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Barron's and MarketWatch writers.

Taiwan Semiconductor Manufacturing, one of the companies best positioned to know the outlook for the chip shortage that is hitting the auto industry, had good news and bad news this week.
On a conference call held Thursday to discuss Taiwan Semi’s (ticker: TSM) quarterly results, CEO C.C. Wei said the shortage has gotten worse due to the snowstorm and freezing temperatures that hit Texas in February and “the fab manufacturing disruption in Japan,” an apparent reference to a fire that struck a major chip factory there last month. Chips of many types could remain generally scarce until 2022, he said.
The good news, however, is that Taiwan Semi sees the situation for automotive chips in particular largely resolving itself by the end of the third quarter. “Together with our productivity improvement, we expect the automotive component shortage from semiconductor to be greatly reduced for TSMC’s customer by the next quarter,” the CEO said.
Both Ford Motor (F) and General Motors (GM), along with many other auto makers, have idled production at some plants as they wait for parts. Both Ford and GM have already said the chip shortage would be a billion dollar headwind for 2021 profits.

Rights issue is inevitable to help Airasia is to survive. Customers who booked air tickets b4 covid-19 are demanding refund. This will involve millions.

Those who promote this counter not long ago must be licking their wounds now.

Very irrational. Dataprp can go up. Dnex, a much better company with much brighter prospects and profitability, is still waiting for further catalyst to rocket up. The easiest catalyst to use is simply to get everybody to buy and hold. And stop selling. Remember the supply and demand equation! Very effective!

Dnex investors must read and digest the content of this article https://semiengineering.com/200mm-demand-surges/ (Posted by Sca Lix) and understand how valuable SilTerra is. Once it is properly management, profit will pour in rather quickly. Dnex is an undervalued gem.

More good news is coming. Be patience. Something is cooking!

Want price to go up; all cooperate don't sell. Buyers will be forced to buy at higher price. the question is simply of supply and demand equation. Lots of ppl waiting to buy! Hold !!!!!!!

To dream the impossible dream, naik to rm4? menang ta boleh; rm1.5 boleh consider-lah

Coming quarterly results will be very bagus. Breakout coming.

Myeg. Coming quarter results will be bagus!

One day up, four days down. It has become a trend!

py1818. Report on your analysis.