This Potboy shop.... who goes into their shop? so empty, got nothing. I know for a period they offer Rm1 coffee and many que... other than that, the shop got nothing... must be a scam shop.

https://www.malaysiakini.com/announcement/670055?fbclid=IwAR2Xl7KyKnLxEil_PZoDpQTRbHTA8V7T0_ltoZTuhL0yj4iShAZrfFje1Bo

TG is going to go below 50 cents, just dont know when.

@Lee88Lee

You're emotional, good luck.

errr.... you dont know 2 days later they u-turn?

https://www.freemalaysiatoday.com/category/nation/2023/06/09/govt-makes-u-turn-subsidies-for-eggs-chickens-to-remain/

Breaking news: Next quarter still lose money

@Lee88Lee

1. First of all, the name is kind of outdated, they got no news to sell. And why start a new brand? I rather they start a new Maru Convenient Store with new concept. Branding is important, and mynews already lost.

2. I do enter CU, I buy the bingsu as my son loves the bingsu. When they started CU, they only sell Korean food and stuff, like 100% korean, I can't even find a pack of twisties. I dont know korean junk food, I dare not buy. Price is not an issue for me. But since then, they'v changed and started to stock up some local food, they started with the wrong concept and foundation. If FM only sells nothing but Japanese food, I can assure you it will flop too.

3. Shop manage is to make sure everything is run smoothly, if I am the shop manager and profit and loss is my responsibility, what I will do is I will try not to order too many food to be displayed. If the food dont sell, I will bear the consequences for the losses. If I order little bit, as long as I dont lose money, I dont care, ends up most of the time the shelves are empty or not available. As a manager, if there are some corndog that cannot be sold today, I will keep it in the fridge and reheat it tomorrow, as long as I sell and dont make a loss, I dont care about food freshness. FM will throw and prepare new food tomorrow, fresh. As time goes by, CU food will be knows as soggy, hard, not fresh... etc.

4. Mynews Super value is a bad idea.

5. Again, Mynews Super value is a very bad idea. Have you been into one? What are they? a mart with a mini convenient store? can they compete with 99 on price? can they compete with 711, FM on the convenient store? What is it? Not here not there. I have no problem with them moving into mini mart business, if they want to, start with a new name and dont include a mini convenient store in it. Make sure it is 100% a mini mart. This is like buying a hybrid car, not powerful enough, not quite energy efficient, then 10 years later battery die need lots of money.... hard to sell as no demand for 2nd hand... hybrid is the worse type of product/business.

not u-turn already? or just chicken only?

sure can fly or not? so many years liao... wait till kukubird also become cacing

serba telegram group all how? stil active? what happened to pearlwhite? last time can write a thesis on why serba is a victim... how the whole world wants to kill serba.

mynews big mistakes.
1. Refuses to kill the mynews brand, and restart a new brand.
2. CU does not localize their food, everything 100% Korean.
3. Let shop manager be responsible for profit and loss, manager should focus on running the shop, not manage the business.
4. Expand CU too fast.
5. MyNews Supersaver is such a bad idea, not a convenient store, not a mart, like hybrid car, not here not there.

Very soon it will be 50 cents, as promised by directors... via consolidation.

Atian group still exist?

TG can go to 50 cents or lower if they continue to bleed like this. Next QR confirm lose money again. Pre-covid, their profit margin not that high, unlike harta. Harta profit margin was high, they have room to move, thus they are profitable now, but TG always has low margins... how to make money now? all they can do is lose less, but problem is, they dont have the cash to burn, even those glove co in China are cash rich, can burn for years just to see TG die.

TG literally screw themselves by doing that crazy sharebuyback and crazy dividends. Now they are running out of cash and losing money with no 2nd income. Harta is profitable and new comers like MahSing can continue to slug it out if they choose to do so as they have property and plastic business to sustain the fight.

Go to the first CU in central point BU... see for yourself... I saw bangla working there now. Kind of hard to communicate with them as sometimes they dont know what I want. Malaysians are easier to communicate but I guess they are more expensive to hire.

How much cost cutting can they do?

it is quadruple witching on friday... normal, go google, monday drop back

Ageson.... same like ARBB, their website got nothing of their projects but stock images they got from the internet. Imaging going to MahSing website and they show you beautiful website of some unknown projects, people pointing here and there.... same con company, all they do is create website, sign MOU, and sell beautiful stories.

every quarter says next quarter ASP rise, customer will re-stock, etc etc.... good news after good news.

have any of the new glove maker close shop? mahsing, gkent, etc are all still operating their glove business at a loss, this includes those in China and Thailand. Until these small new business/company close down/merge, the market will be oversupplied with gloves as everyone will fight for market share by throwing prices.

Maybe 10 years later we'll see the recovery.

@lehubeng

How does that work? PP investors still need to pay for the shares, right? So, if they PP at RM0.015 and it goes down to RM0.010, then the PP investors lost money, right? My question is, why are they doing this? Is it to keep the company aflot while borrowing money from banks to pay for the directors fees?

Can someone explain to me how can they profit via PP? They already PP below their PP price. What is the point of them doing this? Thanks

https://theedgemalaysia.com/node/670610

gov just u-turn...

Selling pressure due to being removed from FBA100 or some index.

commodities rally is over, need to wait for 10+ years for the next rally.

So, CCK-WA hopeless already?

report has 0 word on glove.... went into glove after 2 years pandemic started. this kind of management.... cannot use

I wonder what happened to the pearlwhite guy, that wrote super long articles on why Serba is not fake and how there is a conspiracy to crash the price to scoop it up. Super long articles with detailed 'fake' stories he pulled from Tanjung Rambutan.

Where is he now....

MarcusBioTech probably invested majority of his money into ARBB, hoping the nasdaq listing will make him a multi-millionaire.

Just look at ARBB website, where is the screen shot? where is the demo? where is the download? where is the tutorial? where is case study? nothing.... only stock images. Look at the recent listed Autocount, they have everything.... how can a software company not show their software?

you need to wake up and smell the shit Liew lied to you. Scam stock...

MarcusBioTech

Screen shot of their software or demo, please. I have a space house on the moon to sell to you, please trust me.

like all IPO, first few quarters beautiful... then... ugly.

other than the one off tax penalty, overall... not bad. expected.

1. Why do they kept on changing auditor?
2. In the AGM, please tell them to demo the software and share screen shot of the software.
3. Please tell them to reveal the list of clients.

agree, thus I hope they take a break and pay down their debt for the next 2 years, and then starts bidding for projects again.

you know... nothing you say here is going to move the stock price, market is too big for you to influence it. you are panicking. chill bro.

Fortune favors the bold, this is either the bottom, or you are in for a ride of your lifetime.
https://ibb.co/YDbJZwf

technical chart

@Lukesharewalker

Goodlord, how much you invested in SKP? Looks like you are panicking.

celcom and sapura got no fake accounting. cannot compare

maybe even liew lost money, maybe he thought with the nasdaq good news, he can offload his shares. but never fly also.

Karim Con Man
karma bite him

Laos-China Railway records over 13,000 cross-border passenger trips since April 13

https://www.thestar.com.my/aseanplus/aseanplus-news/2023/05/14/laos-china-railway-records-over-13000-cross-border-passenger-trips-since-april-13

Can give RM100m project but company doesn't even have a website? or I am not good in googling, please share BFI website. Thanks. I want to know more about BFI to know if it is a legit company.

According to my research, BFI was founded in July 2020, about 3 years ago, and so fast can give rm100m project to ARBB?

The only difference between ARBB and Serba is one got caught and the other might get away with the crime. Serba IT too has huge revenue, but 0 screen shot of their software, no real clients except for a toilet cleaning co in India....

50 cents coming soon... after consolidation. AT board and supporters will be right eventually.

How's the supporter in Serba Telegram forum? All still so happy averaging down?

MarcusBioTech

Can you ask the board to demo the software and services during AGM? I would love to see some magic show. Not a single screen shot of their software available on their website.

I think you got Maria wrong, construction is expected to be completed late 2024 and first oil around mid 2025.

i never noticed the acronym until you mentioned it. the reason why the share price is flat is because how many hydro power dam can you build? even if you have a new project, it will take another 15 years. growth is guaranteed to remain stagnant for many years unless their other subsidiaries are able to grow at an incredible speed.

For them to grow, they need to venture into a new business that is scalable and moderately profitable.

More FamilyMart stores to open in east coast this year, no more alcohol, Halal certified and 300 FamiCafes

https://www.nst.com.my/business/2023/05/907895/more-familymart-stores-open-east-coast-year

That website is hosting on a shared hosting and created via WIX? Who uses WIX for web building? Little high school kids? Not even WordPress with own dedicated hosting. If this doesn't smell like something is rotten, then I dont know what to say. Serba did that with all their tiny 'affiliate' companies that awarded them huge mega projects. All their partners' website are created on cheap shared hosting using free templates.