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2021-07-05 11:36 | Report Abuse
NEXT DIALOG IN THE MAKING .....I BOUGHT IN AT ONLY 0.35 IN 2009!!!
2021-07-05 11:30 | Report Abuse
Sarawakians Taukeh Balak all swarming in to support 2 SDK and Karim team
2021-07-05 11:27 | Report Abuse
ACTION MOVIE titled = SDK FIGHT FOR JUSTICE...so far Worldwide Gross: $1,114,379,633.
2021-07-05 11:24 | Report Abuse
Surebet EY AUDITOR FAMILY MEMBERS BOUGHT KARIMS SHARE LAST WEEK.
EY families members incl EY boss. may be buying SDK shares pending favorable Justice for SDK
2021-07-05 11:02 | Report Abuse
Too scare to enter now ...later shoot up to the moon only want to enter ...hahaha
2021-07-05 10:58 | Report Abuse
Pandu1 Serba Dinamik’s group MD confident of winning legal case against KPMG
Later KPMG cronies will say FAKE NEWS...kepala otak bp engkau ...hahaha
2021-07-05 10:48 | Report Abuse
Horror stories keep to yourself for now pls, no effects at all...now is ACTION TIME!!!
2021-07-05 10:45 | Report Abuse
12pm show fully booked ...pls wait for the last show at 4pm ...sorry for any inconvenient caused. Get your tickets early highly advisable...hahaha
2021-07-05 10:36 | Report Abuse
Wow suddenly all demoters becomes promoters...as predicted ...spot on !
2021-07-05 10:33 | Report Abuse
dianatrader Only if.
But many naysayers said SD was game over last friday
Posted by beinvested > Jul 5, 2021 10:20 AM | Report Abuse
RM0.42 , if bought at RM0.33 last week, up 27% now.
ALl are hiding now ....too shy to comments
2021-07-05 10:25 | Report Abuse
0.430 rocket to the moon !!!
2021-07-05 10:20 | Report Abuse
You are my fire
The one desire
Believe when I say
I want it that way
But we are two worlds apart
Can't reach to your heart
When you say
That I want it that way
Tell me why
Ain't nothin' but a heartache
Tell me why
Ain't nothin' but a mistake
Tell me why
I never wanna hear you say
I want it that way
Am I your fire?
Your one desire?
Yes I know, it's too late
But I want it that way
2021-07-05 10:17 | Report Abuse
0.420 ....wow fanstastic !
2021-07-05 10:16 | Report Abuse
next show at 12pm remember to buy tour tickets ....limited seats
2021-07-05 10:14 | Report Abuse
0.415 yum yum ....burppp and fart
2021-07-05 10:13 | Report Abuse
0.410 yum yum burrrrp
2021-07-05 10:12 | Report Abuse
najib will be back as malaysia's PM, yu gotta admit he can perform,
5 years Ph what they do i also dont know
YES ...during NAJIB ERA everybody HUAT CHAI ....! Miss that era
2021-07-05 10:09 | Report Abuse
0.405 yum yum ...burppppp
2021-07-05 10:07 | Report Abuse
12pm show ...Q starts at 1130 am ya....e wallets accepted
2021-07-05 09:55 | Report Abuse
SDK healthy trading vol and range ... guess no more horror scary stories showing for some time
2021-07-05 09:52 | Report Abuse
HAHAHA....let it be...... let it be...
2021-07-05 09:51 | Report Abuse
Serba Dinamik’s group MD confident of winning legal case against KPMG
Monday, July 5th, 2021 at News
NEXT SHOW 12PM !!!
2021-07-05 09:51 | Report Abuse
KARIM STRIKES BACK TODAY ...TOLD YA...DUN MISS THE 12PM SHOW YA
2021-07-05 09:47 | Report Abuse
Really arr ...just wait for the verdict and see ...
2021-07-05 09:46 | Report Abuse
Really arr....we are dealing with human relation and emotions...the rest is history
2021-07-05 09:38 | Report Abuse
And we can build this dream together
Standing strong forever
Nothing's gonna stop us now
And if this world runs out of lovers
We'll still have each other
Nothing's gonna stop us
Nothing's gonna stop us now
2021-07-05 09:34 | Report Abuse
YOU ASSUME THAT EY AND KPMG ARE BFF!!! THINK AGAIN
2021-07-05 09:33 | Report Abuse
Mohd Abdul Karim said the group believes they have a valid case and a very high prospect of winning.
He said if the company did not have very solid reasoning, based on its counsel’s explanation, it would not have taken the legal recourse.
The move was taken “to defend our right, to defend what we believe needs to be done for the betterment of shareholders and stakeholders”, he said.
JUSTICE FOR SDK SH !!!!
2021-07-05 09:29 | Report Abuse
Yes ....the picture is getting clearer ....Justice for SDK !!!
2021-07-05 09:28 | Report Abuse
Serba Dinamik’s group MD confident of winning legal case against KPMG
Monday, July 5th, 2021 at News
The firm had a good run, until its external auditors flagged accounting issues that rocked the firm to the core
by NUR HANANI AZMAN / Pic by TMR FILE PIX
FOR the past few years, Serba Dinamik Holdings Bhd has built its name as a prominent global integrated engineering services provider with presence across SouthEast Asia, Central Asia, the Middle East, Europe, Africa and America.
As a homegrown oil and gas player, the group could be second only to Petroliam Nasional Bhd in terms of the global footprint.
Top and bottom lines have been growing at a cumulative annual growth rate of over 30% in the past five years and investors bought into the meteoric rise of Serba Dinamik.
The company had a good run, until its then external auditors, KPMG PLT, flagged accounting issues recently that rocked the company to the core.
“To a certain extent, I can say this is the biggest challenge the company has faced,” Serba Dinamik group MD and CEO Datuk Dr Mohd Abdul Karim Abdullah (picture) told The Malaysian Reserve recently.
Mohd Abdul Karim, who is also the co-founder and largest shareholder, said he came to know about the statutory audit matters at quite a late stage.
Time, indeed, is of the essence. In just days, after the news broke in late May, Serba Dinamik shares plunged nearly 50% and over RM3 billion in market value was wiped out.
The counter has been reduced to a penny stock closing at 38.5 sen last Friday versus RM1.61 on May 28.
Mohd Abdul Karim said the company had no abnormalities or difficulties with the external auditors in the past, but 2020 and 2021 have been unprecedented years.
“We have taken legal action to disentangle the differences in terms of opinion between the management and the external auditor”.
Mohd Abdul Karim said the group believes they have a valid case and a very high prospect of winning.
He said if the company did not have very solid reasoning, based on its counsel’s explanation, it would not have taken the legal recourse.
The move was taken “to defend our right, to defend what we believe needs to be done for the betterment of shareholders and stakeholders”, he said.
Share Price vs Fundamentals
Regardless, the Employees’ Provident Fund had ceased to be the substantial shareholder of the company after disposing of 96 million shares in the open market on June 25.
It followed the footsteps of the Retirement Fund Inc, which ceased being a substantial shareholder earlier last month after the audit issues became public.
Meanwhile, Mohd Abdul Karim was forced to sell some 202 million shares last week.
He remains confident the company would survive the crisis if the last two rounds of economic downturn before the company went public is any guide.
“This is slightly different because we are now a listed entity. We have to take care of all of the shareholders, stakeholders and potential investors that are looking at the prospect we have at the moment. But again, it goes back to fundamentals.
“We are putting all effort and options available so that we can find the best amicable way to mitigate this situation,” he added.
Mohd Abdul Karim has complete confidence in the new chairman Datuk Mohamed Ilyas Pakeer Mohamed and the board, with new members to navigate the group out of the woods.
He also put trust in regulators, the Securities Commission Malaysia and Bursa Malaysia, to deliver the best and balanced approach to all the parties that are entangled in the audit matters.
“We are giving all the necessary cooperation to ensure the process of information and what needs to be done, running smoothly so that this situation can be resolved as soon as possible”.
Global attention
Mohd Abdul Karim said the group has been receiving a lot of inquiries from its business partners, customers and suppliers globally, and the company had to do the explanation.
“This is no longer a local issue,” he said. “It is quite challenging. But as long as the company has the fundamentals, all the top management are still strongly united at the moment.”
The accounting matters aside, Mohd Abdul Karim said the group is very concerned about the Covid-19 situation, especially in South-East Asia and the Middle East, with strict lockdown measures still in place.
“It is very volatile. I had briefed analysts six months ago that we should be able to maintain the necessary trajectory target. That was when we had the second wave, but now we are in the third and fourth wave.”
He said the business and borders reopening in the US, Europe and the UK are positive, but how it would help overall recovery remains to be seen.
“We are working to achieve the maximum possible for 2021.”
With the lockdown, he said the engineering, procurement, construction and commissioning (EPCC) segment, as well as education and training, are affected.
He said the company is in talks with its customers about time extension involving som
2021-07-05 09:27 | Report Abuse
madmatts How does somebody know people don't trust this company. Petronas still hire them, thousand of people still buying their shares. common talk with facts la...
05/07/2021 9:25 AM
Spot on ! CAn donate to charity summore...
2021-07-05 09:23 | Report Abuse
Getting exciting now ...FOMO have to wait for the next show...
2021-07-05 09:10 | Report Abuse
Relax ....chill enjoy the show
2021-07-05 09:06 | Report Abuse
Really arr...you know i know...pls wait for the next show at 12 pm ...already full house . Tickets price may varies
2021-07-05 08:59 | Report Abuse
ACtion Movies fully booked ....wait for next show at 12 pm !
2021-07-05 08:59 | Report Abuse
0.405 ....now we are talking
2021-07-05 08:58 | Report Abuse
I used to buy Dialog Group at 0.35 in 2009 . sold at a handsome profit last year at Rm3.85. Luckily never listen to sour grapes or else I really bang my head 100 times ...also some of them till today from sour grapes in 2009 360 degrees turn to sweet grapes....well ...well ...well
2021-07-05 08:55 | Report Abuse
Wirajati sold last week waiting to come in .....at what price?
2021-07-05 08:54 | Report Abuse
Haha sorry i3lurker ...horror movie not showing this week ...The Devil Made Me Do It has been removed on last Friday due to poor response ...Haahaha
2021-07-05 08:53 | Report Abuse
FOMO will need to buy at 12pm the next show screening
2021-07-05 08:53 | Report Abuse
0.40 TOCP ..action movie tickets at 9am almost sold out !!!
2021-07-05 08:48 | Report Abuse
BUY before the BIG BOYS start the game....hahaha spot on as predicted
2021-07-05 08:43 | Report Abuse
Save seats some for FOMO later ...hahaha
2021-07-05 08:41 | Report Abuse
Action Movie starting at 9am 12pm and 4pm ...prepare popcorn and coke ya...throw in pizza extra cheese as well
2021-07-05 08:08 | Report Abuse
Take it easy .... more room for upside ...Karim and Awang also havent buyback his margin called shares yet not to mentioned EPF and KWAP ...hahaha
2021-07-05 07:58 | Report Abuse
Hahaha your answers is oledi there in your youtube link ...
2021-07-05 07:52 | Report Abuse
This better described it
https://www.youtube.com/watch?v=zQcOZgBw6yQ
2021-07-05 07:32 | Report Abuse
Compliments to Mabel for her efforts ...jangan KAU DENGKI K ...hahaha
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BERHAD
2021-07-05 11:38 | Report Abuse
IKAN BILLIS HUAT CHAI ARRRR