Super profit but stock price never fly.... some more went down, why?

confirm got big bad news, if not, wont sell down until like this

This one same pattern like ATA.... insider selling like crazy. ATA was sold like crazy for 1 week and then only bad news come out. You guys better get ready.

Lou Sai Park

I hope no more share buyback. I dont like share buyback, I rather they hold cash and wait for opportunities.

flytothemoon

What? U told me to buy Dialog... I already all in Dialog... how?

Serba true value = RM0

LubeTrader

No, ATA dropped for few days, close to 1 week then the news came out in TheEdge that dyson is not continuing with them. Insider has been throwing ATA for 1 week.

What are the chances of court saying banker cannot liquidate Serba? If court says cannot, then who will repay the loans? Serba is not going to repay the loans. It is a contract and Serba defaulted on the loan and bond.... once liquidation is approved, Serba will go to RM0

Reminds me of ATA, first few days kept on dropping, but many refuses to cut loss. These kind of big drop and sudden move means insider throwing like crazy. They know something big and bad is coming.

Lou Cy Park....

Dont think it is fraud, just bad decision and bad management.

Tomorrow Limit Down?

tomorrow follow nasdaq?

I smell blood... looks like tomorrow will LD again. Run boys run. This is like Serba 2.0

Poultry is the 3rd profitable business in QL. I think number 1 is Marine, 2nd is Palm Oil (After the palm oil rally), and 3rd is poultry. Since poultry and familymart are in the same subsidiary, we dont know how much FM is contributing towards that subsidiary, but this coming QR we will know when FM will have its own separate report. My guess it poultry will probably be last.

If Serba can pay back 100%, then for sure next few years the profit will be crazy high, right? Possible?

slowly slowly go to RM0.... or will straight away RM0 if court allows the liquidation to go on? Gamble your money here, if win, win little bit, if lose, lose everything.

bossku aint coming back. looks like tan sri got health problem or what?
https://klse.i3investor.com/web/announcement/detail/1679180

Tan Sri vacant his position and wife took over. I have no idea what is going on, maybe insider can enlighten us?

hmm... today no limit up? Earn so much money, but still need to do Rights Issue. Sold their timber business, got the cash but still needs to do Rights Issue. Earn so much but never give out dividend. Park so much in bank but still need rights issue? Weird.

PE1. What do they do? Nobody knows. I only heard buzzwords like IOT and etc. I am a tech guy, I understand cloud and web coding, but somehow I dont understand ARBB. I can understand Amazon Cloud business, Microsoft Azura cloud business, and all those HR software, set up one for my friends company... but ARBB.... hmm... weird.

Anyway, good luck holding. Even the auditor resign liao. ARBB got so much money but auditor resign due to auditing fees? weird, very weird.

PearlWhite still thinks hidden hands are collecting this rubbish? Delusional. Serba is not going back to the original price pre-KPMG's truth telling audit. Here are some undeniable facts:

- 59 fake stamps
- Templates of fake invoices in Serba computers
- SMS or Karim telling someone to fake it
- Fake projects
- Fake numbers
- PN17
- Defaulted on bond
- Banker file winding up / liquidation

This kind of rubbish co can fly, I tell you Sapura will 10000x because even Sapura is not that bad.

fed popping the commodity bubble, run boyz run.
Glove 2.0 incoming.

PearlWhite,

Who else is at fault? The ants in Serba office? Who force karim to make the 59 fake stamps? who force karim to make the fake invoices?

bojed

That is because all the big projects they got are fakes. What was that super huge project in UAE? That digital hub?.... have anyone thought about it? Nobody knows where the location is. All fancy animation and graphcs saying how big that project is but 0 info on the location of the project. amazing.

Magic.... after this whole audit thing, say can repay back all the loans, but before that need to borrow to survive. Weird. what kind of logic?

https://www.theedgemarkets.com/article/serba-dinamik-seeks-restraining-order-against-units-proposes-100-return-scheme-arrangement

100% repayment.... some kind of BS by Karim again. Not owe few hundred millions, but billions. How can they ever repay the loan? bond? how? They just want to buy time.

kl_guy

5K units? How can this little units make you a millionaire? I think impossible.

Earn so much, so much until no money to give dividend and need to do rights issue. So much cash in bank but still need to do Rights Issue.... hmm.... Some more auditor resign, give lame excuse like fee problem.

hmm.... i wonder why? PE1 now... surely tomorrow will limit up. maybe limit up for the next few days.

After all these, Karim did not repent and still telling lies. Retailers blindly go average down, this Karim is evil.

- PN17
- Defaulted on bond
- Fake accounting
- Banker file court winding up Serba

Serba is going to RM0. You've been warned.

pump and dump by karim, push up to throw.

pump and dump, like kpwer and scib early days.

How to pay back the bond and loans? Can someone explain? These bond and debt dont disappear overnight. Or maybe Karim will bring back all the money he stole and pay back the bond debts?

DickyMe

That was mahathir bailing out his friend, because he told his friend to buy MAS from the gov/bnm when Mahathir gambled most of our money in the forex and lost it. The bailing out was a gentleman agreement.

Am talking about the privatization of MAS, the delisting.

https://www.nst.com.my/news/2015/09/mas-shares-be-delisted-bursa-malaysia-dec-31

Retailers that bought high all lost money.

Karim can rename Serba into whatever name he wants, maybe Maya for Meta in Malay since he loves buzzword and Meta is Metaverse. I can tell you no investor or banker will ever trust him again, never.

Go fight in court if done nothing wrong, dont give lame excuse like pay fine to save the company and workers.

I think PearlWhite probably enter Serba around RM0.35, with current RM0.12, that is -RM0.24, which is about 65% down. PearlWhite lost so much, Serba needs to go up by 150% for PearlWhite to breakeven.

even if Petronas do bail out Serba, they will never pay for Rm1.60. Gov also never pay high price for MAS, even Proton was privatize below the peak. Stop dreaming. Sell before it is too late to leave.

PUC is a shitty counter, but at least they have real website that works and something to show. ARBB? Nothing. You go ask about their cloud services, they say it is still under construction and not ready. but somehow can make so much money. weird right?

make so much, still need to do rights issue?

Hidden hand made those 59 stamps and hide it into Serba's office.

you know what they say, if you go to a prison and ask who is innocent, almost every single one of the prisoners will say they are innocent and there is a hidden hand in the justice system.

“We do not have any ‘godfather’ or ‘strong political connections’ to shield us,” he said, while refusing to reveal the identity of the alleged perpetrators as investigations are still underway.

Report: Serba Dinamik CEO claims ‘hidden hands’ out to destroy company and plot his downfall
https://www.malaymail.com/news/malaysia/2022/05/16/report-serba-dinamik-ceo-claims-hidden-hands-out-to-destroy-company-and-plo/2059147

Serba Dinamik CEO Mohd Abdul Karim Abdullah (right) says the company will rebrand and reorganise to shed its troubled past. – The Malaysian Insight file pic, May 16, 2022.

‘Hidden hands’ out to destroy Serba Dinamik, says CEO
https://www.themalaysianinsight.com/s/381555

Serba Dinamik CEO implores stakeholders to stick with company
https://www.themalaysianinsight.com/s/381563

flytothemoon, yup, I will all in Serba Dinamik too. I heard Najib gonna be the next PM and then tell Petronas to buy up Serba and Sapura, combine them and become "Petro Serba Sapura Dinamik Energy Holdings"

confirm karim selling, just wait for them to report this coming week. for sure they say force selling. retailers still dream serba will go back to pre-fraud price. if can go back to prefraud price, then public bank and maybank can 2X, right?

Here is a simple math:

RM1 to RM0.50 = RM0.50 down = 50% down
RM0.50 to RM1 = RM0.50 up = 100% up

For Serba to go back to RM1.60 before KPMG shout fraud is how much?

RM1.60 to RM0.12 = RM1.48 down = 90% down
RM0.12 to RM1.60 = RM1.48 up = 1200% up

Not even Supermax or Tesla went up this much. Not even bitcoin. Public Bank did that if you invested in them in 2002 and hold until now, and they are one if not the best managed company/bank in Malaysia. Serba has so many problems, from fraud to debt to pn17 to defaulting to lies to court cases to cheating. If this kind of company can go up so much, then Maybank can go up 100X.

Can Serba go up 1200%?

scam stock, say earn so much but still need to do rights issue? weird, right? where they gonna list next? HK? All lies and BS.

from TP of 50 cents to now almost RM0.005.
lose until underwear also dont have.
run now before you left nothing.

construction materials up like crazy, but projects signed on 2019, how to make money? then glove business also dying. finish. now busy promoting their plastic business. sell, run before too late.