Operator may push down to force out weak holders... there are still many.

Get excited only after SIR is out.... by then, 0.10 or 1.00 is possible... depending on the result of the review

Almost there... touched 0.605... try again this week

Queuing at 0.60... come on

Again, SD responded promptly to minority shareholders' concern about the SIR... all are waiting, including SD.

2 quarters already outperformed last year's full year result... good or not investors can tell la.... meanwhile, keep rubbing salt cos it only hurts hit and run traders.... and to be fair to u, u were spot on this time for your sell call... but again, it's only because QES released a surprisingly lower Q2.... Holders will see handsome rewards in 2022... cheers.

KPMG is really getting a lot of bad press recently... that will give a little confidence to SD shareholders that KPMG could've made a blunder here... also bear in mind SD's attorney is a top notch lawyer... who's already working on the case.... looks like KPMG will be GG again here.... let's see

Of course cannot ask E&Y point blank lo... later kena tangkap.... but Dat Karim has been reassuring us minority shareholders in his recent interviews.... get the hint then no need to be afraid.... still afraid then wait for official review from E&Y and average up when SD flies.

If u have E&Y friend, should ask him SIR passed or not ma

If u do wrong... must be prepared to face the music ...will continue to enjoy Man U match

Nothing wrong with line up

No SIR... no LU...SIR clear with no issue. LU after LU.

Tomorrow. KLCI will continue its bull run.

Good morning Bgt 9963.... sunshine everyday.

Many super rich big mouths here not afraid of saman... especially if you're from Tanjung Rambutan, or call yourself Siao...ppl won't take your words seriously.... correct KAR?

SD already given a little hint if we analyze their latest response to the S&P downgrade...Dat Karim said the downgrade is temporary and they'll be able to have access to financing again once the SIR is completed. ... means they are confident everything will be settled eventually and soon.

@Siaokar...u are low as your ID name sounds....pity

Damages seeked in a defamation lawsuit can make u bankrupt if u lose... don't play play.

Of course keyboard warriors can be sued if they cross certain threshold... such as impersonation and spreading fears with fake news... think before typing lo.

There's a difference between Lower Sales and Lower production output.

A warning to fear mongers spreading fake news.

Long term.... market is a weighing machine... as long as they report profits every qr..., no need to worry about short term price fluctuations....2022 will be exciting for QES.
Having said that though, market expected this QR to perform better QoQ.... QES pointed to lower sales which is a little baffling given the positive semicon outlook and strong performance from its peers.

KNM... it's a bilis trap.

Highly unlikely will drop below 0.40... but if it does... I'll just add more at 0.385 or below...my tickets at 0.385.

Karim: S&P’s rating downgrade is temporary, all concerns addressed

By Cheah Chor Sooi45 mins agoin Featured, Markets, Top

YESTERDAY’S downgrading of Serba Dinamik Holdings Bhd’s rating by S&P Global Ratings is “very much expected given the current circumstances” and “has probably been priced into” the company’s stock value.

Above all else, head honcho and founder of the global integrated oil & gas (O&G) outfit, Datuk Dr Mohd Abdul Karim Abdullah, opined that the downgrade is temporary.

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“Serba is positive to ensure that the both our audit and SIR (special independent review) will be completed on time,” he told FocusM. “Once this is completed, we should be able to restart our refinancing process and address the maturity of our borrowings.”

Datuk Dr Mohd Abdul Karim Abdullah

Abdul Karim also noted that Serba Dinamik has recently bagged 15 new O&G service contracts wins valued at an estimated RM386.3 mil in the areas of operations & maintenance (O&M) and engineering, procurement, construction and commissioning (EPCC).

The group managing director and CEO of Serba Dinamik was commenting on the latest move by S&P to downgrade Serba Dinamik to “CCC” from “B-” previously to reflect the company’s sizable debt maturities of some RM1.7 bil within the next nine months.

The global rating agency further noted that they see Serba Dinamik’s challenges surrounding its special independent review and statutory audit to be a roadblock to the company’s ability to get external sources of funding.

“With less than nine months to its sukuk maturity, Serba Dinamik’s ability to get external sources of capital hinges on a resolution of the special independent review, a timely completion of its statutory audit, and a restoration of market confidence in the company,” S&P pointed in a statement yesterday (Aug 19).

The ratings agency said while the company has not revised its targeted fiscal 2020 filing, any further delays would mean that the company would be hard pressed to meet its articulated deadline.

It sees this as a “key stepping stone” in dispelling uncertainty and restoring confidence among capital providers.

At the close of yesterday’s trading, Serba Dinamik was down 0.5 sen or 1.19% to 41.5 sen with 24.6 million shares traded, thus valuing the company at RM1.55 bil. – Aug 20, 2021

Dat Karim came out immediately to give his reassurance about the audit, SIR and downgrade yesterday.... this is great confidence booster.

See whether can get 0.61

SD should give indicative date of when the IR will be finalized... keeping quiet is not good enough now.

There will be temporary political stability.... cheer up and wait for EY's IR results.

No need to be happy or sad cos any new govt now is temporary only.... it is the government elected next G.E that matters most.... so vote wisely when the time comes.

0.63 good support...EY almost releasing their review results...will add if can get 0.62 or lower.... now is just waiting game.

Kpower ready to charge... one final piece of news from EY will press LAUNCH... then we'll see KO-POWER

Overall. Internal and external factors are "calm"...techs should continue marching on

SD to continue green movement today.

So end of trading day...SD down 1 sen, KLCI down 2.21 points... where's the meltdown? Be steady la...drop 1 sen on Monday acceptable la... given today is politics crisis day.

Bilis sell... smart money buy

Panic selling by bilis already expected.... but is it a bad as u imagined? Let's see market at the end of the day... and whether SD drops a lot.

Politics will only settle after next GE... meanwhile, it's a known fact no one govt is rock solid... foreign investors have been selling since long time ago... nothing new... tomorrow only bilis will panic sell and smart money happily take their tickets.... watch the drama unfold.... don't blindly monger fear... economic sectors are reopened systemically.... it's a reason to be happy.

Pipi.... don't be simple minded.... watch the drama unfold.... the plot not so simple we can read la

Bad news factored in... this is good news... market will likely react positively.

The boss did say next QR not badly impacted but the one after will be affected a little... but for long term investors no need to bother cos 2022 onwards . QES will perform much better....

The common question here is when will price shoot up to 1.60 and above.... not whether should buy or not.... many already took position and waiting for 6-7 figures profits... but that won't happen till EY's IR is out... good or bad irrelevant, this saga has to end first....if EY's review is good, price will recover very quickly...it will LU back to back and more,...if review is not good, then have to wait months before price recovers gradually. cos fundamentals still strong..
SO... it's still about EY's review... even Scib and Kpower, who are not having audit issues, are trading range bound... waiting for this to end.

It's all about EY's IR... period

SD is moving up steadily... maybe EY's IR will be out any time.

It's very clear market is waiting for the SIR from EY....all raring to go once positive news is out.

Techs rebounding...QES will resume uptrend.

SD gives us more reasons to believe that we're not investing in the wrong company.... contracts are from Malaysia and Indonesia, easy to verify... maybe a new approach to show the company is transparent in their biz dealings.

Genetec trading volume is so low... definitely controlled by sharks only...bilis will not touch la

@ihunter.... so anything happened at Damansara? Did u short SD today?

@ihunter. Still finding reasons to sell? For 1 sen profit? LOL