Seems only one direction for glove...Hollanding

If really something is wrong leh

Bond drops 70% fm 100 to 30

If Serbak share follow so then 1.60+ x 30%= 0.50+

Dont worry lah Pak Tua n Mak Cik Mabel will buy at least 5m each

If drops to 0.60+ next week will buy another 5m shares again

Dont worry lah

Dont worry lah Pak Tua n Mak Cik Mabel will buy at least 5m each

Mabel n Pak Tua will come to rescue...maybe buy 5m each

Posted by dawchok > Jun 4, 2021 2:59 PM | Report Abuse

I got an insight that ASP has truly dropped from the highest $130/kpcs months ago to $70/kpcs as at last week. The sustained export value in Apr21 should be supported by the increased volume sold.

If so its a sharp plunge of 40%+!!!!!!???????

Unless export vol increase by the same 40%+.....even so might not able to compensate the drops in ASP

How on earth u got the figure???

Bond drops 70% share drops 50% not bad not bad Karim still very strong

Hoot9Yee seriously regret for that, shouldn't all in when seeing such rubbish post published on FB.

Thanks to Sam Lee of The rainmaker ah??

https://www.bondsupermart.com/bsm/bond-factsheet/XS2089155761

probability sellers are limited....but buyers are unlimited and they dont need a rational reason as needed by the sellers

after so many days at this level....upside risk is more than downside now...
04/06/2021 2:50 PM

Sifu Probability, as as now their USD Bond oredi drop 70% (fm 100 to 30)....

Karim is a Chinese Muslim....lol

They will defend n make 0.795 seems to be a strong support, until then..........either LU or LD....lol

Pinky A company that has been showing consistent growth and profitability since IPO in 2017, all of a sudden become a con job?

This argument is very weak.....

U think Megan/Transmile/London Biscuits etc all set up today n close shop on the following day?

They all posted positive results (especially Transmile) for years until meletup....

There is only one skyriver but still tens of thousands who are living in denial.....nothing goes wrong nothing goes wrong price will be back to RM1.60+

Price moves in tight range bound...diff to trade for chicken rice

guess have to wait for the next development to see whether it will LU or LD down

Surprisingly, as a self proclaimed 10 years long term value investor, Philip never bother to address on the dubious points raised in Serbak....

He seems more concerned abt the price changes in Serbak shares n bonds...

Punting is more fun right? As long as u can make money...even fm rubbish stocks or junk bonds...

Welcome to join us in the casino

Philip ( buy what you understand) Now bid price is 51. what does that tell you?
>>>>

CharlesT Posted by Philip ( buy what you understand) > Jun 3, 2021 7:07 AM | Report Abuse

Sold some serbadk shares at 0.895 average price, and bought serbadk bonds at 41, second tranche at 32.

Now bid price 29.91..........
03/06/2021 9:33 AM
03/06/2021 4:16 PM

https://www.bondsupermart.com/bsm/bond-factsheet/XS2089155761

I only see Bid Price 37......So what does it tell u? Karim n Serbak boh tai chi n yr bond will be back to 100 soon ah??

Jaga jaga loh...c if 0.795 is breached

result will not be that good

Not everybody can become Superinvestor like them....

Reminded me of KYY's never surrender fighting spirits in Xinquan....bought all the way down frm RM1.50+ to Rm0.02 b4 it was suspended n delisted

Money can lose but Ego cannot....Geng

He knew its all highly suspicious but then he bought n now he bought more even after KPMG's finding....

Weird right?

He is now a punter just like me lah...welcome to the casino

Later I scare kena Pak Tua hentam

Fm the history of Megan, Transmile, London Biscuits etc over the years, I think Serbak is cooler than water

His only last weapon is his political connection

I think if u follow Jon io Philip u can make more money

60% gone....more than the 50% drops in Serbak's share price

I saw the chart it plunged fm 100 to 40 after the KPMG fiasco

anyway if Karim n Serbak never die the bonds will be redeemed at 100??

Posted by Petronas > Jun 3, 2021 9:43 AM | Report Abuse

I suspect Mabel and PakTua are siblings/adik beradik???

Or maybe room mates in Tanjung Rambutan?

Choiiiiiii......

I went thru all the info i found n shared here i better put my money under my pillow

But still has to remember to take medicines timely

I suspect Mable is a middle aged lady, unmarried, n suffers fm depression n is always living in her own fantacy of shares

I3 is a good place for her to kill her time

Posted by Philip ( buy what you understand) > Jun 3, 2021 7:07 AM | Report Abuse

Sold some serbadk shares at 0.895 average price, and bought serbadk bonds at 41, second tranche at 32.

Now bid price 29.91..........

https://www.bondsupermart.com/bsm/bond-factsheet/XS2089155761

Is this the one?

Indicative Ask Price 45
Indicative Bid Price 29.91

If so quite a big gap...seems highly illiquid

Posted by Sslee > Jun 3, 2021 9:17 AM | Report Abuse

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

Old dog still can learn new tricks

Posted by Just88 > Jun 3, 2021 8:43 AM | Report Abuse

How to buy at 0.795 when the price was 0.89 at 9.53am, and how to sell at 0.895 when the price closed at 0.825? How creative to make 12.5% (200k) in 1 day on 2 millions shares

He bought n sold on 01 June...like what I did lah

I think he finally learnt how to punt like me......no longer buy shares n hold for 10 or 20 years then only sell

Not bad not bad.....

Surprisingly Philip is very shy now......,dont even respond a single word on the dubious points raised in Serbak

Maybe he wants me to show my 10 years record first b4 he wanna entertain me??

The only thing now can save Karim's ass is his political connection.....

C can or not

A few retaxds thought removal of the EGM is excellent good news n price will go up or limit up today...

Losing too much money until sok sok ah?

Meaning to say they still to have the music by KPMG.....cant just remove them like what Ah JIb did last time to stop n silence all the attacks

Posted by Sslee > May 24, 2020 5:39 PM | Report Abuse

Dear All,
The screen shot is his Topglove holding mark to market price at 1st Jan 2020. His buying cost when he start buying TopGlove in year 2010 and continues bought over the year till holding 2,043,800 is about RM 1 million.

23-Mar-2020 Sell TOPGLOV
-120,000 6.20 2,394.80
+741,605.20
27-Apr-2020 Sell TOPGLOV
-500,000 7.32 10,899.00
+3,649,101.00
12-May-2020 Sell TOPGLOV
-500,000 8.00 11,800.00
+3,988,200.00
14-May-2020 Sell TOPGLOV
-400,000 10.32 12,139.20
+4,115,860.80
15-May-2020 Sell TOPGLOV
-523,800 10.20 15,358.31
+5,327,401.69

Total sold 2,043,800 TopGlove for: RM 17,822,168.69

If he had hold his TopGlove till today at 22/5/2020 close price of RM 11.82 his 2,043,800 TopGlove is worth 11.82x 2,043,000 = RM 24,148,260 a different of about RM 6 m+

So I wish Philip good luck that his new purchased in O&G will give him this return (RM 6m+) in 2 year time.



I think Philip's average selling price for his Topglove is RM17,822,168 / 2,043,800 shares = Rm8.72+ or RM2.90 after 3 for 1 bonus

so tmr limit up ah? Then limit up again on Fri to go back to 1.60+?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3163744

somebody suk sa....

QL vs MNRB Philip 1 CharlesT 0
Glove Philip 0 CharlesT 1
Karim ????????????????????

Last year U didnt take my advice to buy glove co but instead sold all b4 May or June n it costs u tens of millions of opportunity loss

Maybe this round u are right....maybe...it's all KPMG's fault leh

whether u make money or not is not really the issue here

the issue here is whether there is any possible scam in the co.....

Posted by Bruce_Wayne > Jun 2, 2021 6:33 PM | Report Abuse

Bobochacha,

Those domain names are all newly created in 2020!

block7investments.com
Created: 2020-04-14 11:09:58 UTC
Source https://lookup.icann.org

efirecapital.com
Created: 2020-01-20 14:53:11 UTC
Source https://lookup.icann.org

fdds.ae
First published: 10 July 2020
https://www.google.com/search?q=inurl%3Ahttps%3A%2F%2Fwww.fdds.ae&...



bobochacha another contract

https://www.theedgemarkets.com/article/serba-dinamik-unit-gets-rm147b-...

the customer website fdds once again dont have a proper office address

https://www.fdds.ae/

the serbadinamik international ltd is a f**king big white elephant in the room.


bobochacha https://www.theedgemarkets.com/article/serba-dinamik-bags-rm771b-contr...

In an exchange filing today, the firm said its wholly-owned unit Serba Dinamik International Ltd (SDIL) accepted the letter of award last Sunday from US-based Block 7 Investments LLC for the four-year project, which is set to commence on May 14.

http://www.block7investments.com/

then i check check check, block 7 is a JV between serba and efire capital

https://efirecapital.com/

vice chairman of efire is abdul karim.

then i check check, efire is another JV. A joint venture of Liwa Investment Holding of Abu Dhabi and Serba Dinamik Holdings Limited of Malaysia.

why need so complicated JV JV?

both the company website no proper office address. efire only have a po box office address.