The bloodbath to continue..Careful now as risk comes not knowing what to do!

Similarly, it's usually a bad idea to sell a stock only because its price decreased. At the same time, though, sometimes you just have to cut your losses on a stock position. It's important to not let a drop in a stock's price prevent you from selling.

As legendary investor Warren Buffett says, "The most important thing to do if you find yourself in a hole is to stop digging." If your original reason for buying a stock no longer applies, or if you were just plain wrong about the company, then selling at a loss rather than continuing to hold may be your best option.

Indeed, risk comes from not knowing what to do..careful now!

The reasons why you bought a stock may no longer apply. Examine why you bought a stock in the first place and ask yourself if those reasons are still valid.
If something fundamental about the company or its stock changes, that can be a good reason to sell. For example:

The company's market share is falling, perhaps because a competitor is offering a lower rate globally.
Of course, this list isn't exhaustive. If something substantially changes that contradicts your investment thesis, that's one of the best reasons to sell.

Careful now..risk comes from not knowing what to do.

No one wants to sell for a loss. It's an admission that you made a mistake. But if you can set your ego aside, you can take a small loss and still be fit enough, both financially and mentally, to invest the next day. Cutting losses quickly prevents you from suffering a devastating fall that's too steep to recover from. Risk comes from not knowing what you are doing. Careful now!

Judo masters begin not by learning how to throw, but how to fall. They practice this skill until it's as natural as breathing. No matter how many times they're flipped, they can rise to fight again.

Highly successful stock pickers go through similar training: They must learn how to cut their losses short. This means selling a stock when it's down 7% or 8% from your purchase price.

Sounds simple, but many investors have learned the hard way how difficult it is to master the most important rule in investing. Doommmmm....

Dare to catch a falling knife which may slice your portfolio value? Risk comes from not knowing what you are doing. Careful now!

Velesto shares set for worst day in 10 months as CGS flags concerns. A number of jack-up rig drilling companies have had their rig contracts suspended by Aramco in recent days, CGS flagged. These rigs may find their way to Southeast Asia and other regions, which may cap or even pressure utilisation rates and daily charter rates globally. Doooommmmm...the beginning of the END for Voles?

https://theedgemalaysia.com/node/707123

Yes..up all the way to abv 1.

The stock market is a device for transferring money from the impatient to the patient. Remember folks emotions are your worst enemy

Sadly I3investor is filled with individuals who know the price of everything but the value of nothing. Hahahaaa

I3investor is filled with individuals who know the price of everything but the value of nothing. Remember folks emotions are your worst enemy. Hahaha

The stock market is a device for transferring money from the impatient to the patient. Hahaha

LOL..The only thing people hate more than losing money , is the company who lost it for them! .....LOL

Senheng: EPS 5.22 / PE 15.61 NAB 0.1830 Rm0.815
MrDIY::: EPS 6.88 / PE 52.23 NAB 0.1869 Rm3.590

Hmm interesting but I beg to defer.

It should be noted that 1st day returns are not necessarily indicative of an IPO's success or the future profitability of a business.

Facebook, for example, had a terrible 2012 IPO. Offering at $38, the company ended 2012 with a stock price of $17.

Today, Facebook sells at more than $170 per share.

Senheng: EPS 5.22 / PE 15.61 Rm0.815
Mr DIY::: EPS 6.88 / PE 52.23 Rm3.590

Yeah..Great mistake by ignoring the big local & foreign institutions during the initial stage of ipo.

Look at MR DIY having big local & foreign funds as their shareholders. Senheng?

Senheng: EPS 5.22 / PE 15.61 Rm0.815
Mr DIY::: EPS 6.88 / PE 52.23 Rm3.590

The only solution now is to brief & convince the big funds on the prospect of future earnings. Only with close rapport, good dividend & great future earnings will bring the big funds to invest.

Indifference is expensive. Hostility is unaffordably. Trust is priceless. Business is all about relationship.

Well an expensive lesson learnt paid by Senheng as a newcomer on the modus operandi of trading in a stock exchange. By showing profits & dividends only are not enough to get the support of big funds.

There is always consequences to your actions. Before you act, make sure you are prepared for them.

Lol..Dismissed by the appeal court. Checkmate

Lol..The end game. Careful now folks!

“We are submitting an appeal to the Court of Appeal … Meanwhile, we have applied for a stay pending our appeal yesterday,” a company source told FocusM. “The outcome should be known tomorrow (Feb 9) or the day after (Feb 10).”

https://focusmalaysia.my/serbas-has-filed-a-stay-on-kl-high-courts-48-hour-disclosure-order/

https://www.theedgemarkets.com/article/serba-dinamik-ordered-reveal-fact-finding-update-ey-consulting.


Serba Dinamik ordered to reveal fact finding update by E&Y Consulting

Folks, to those still holding wishing you all the best.



Quoting a different company court case: "Bursa Vs Liquidator"

The Court of Appeal has ruled that Bursa Malaysia Securities Bhd’s listing requirements require a listed company that has a winding-up order made against it to be delisted.

In a landmark ruling, the appellate court said the language used in Rule 16 (2) of the listing requirements makes it clear that the delisting is mandatory.



Which one will come first?

Delisted by Bursa?
or
Delisted by Liquidator?
or
None of the above?

Hmmmmm

There you go again folks, the 'Cockroach Theory'.

Whenever a company announces some bad news to the public, like default in loans repayments, some accounting issues or delay in releasing their financial results, there may be more bad news that have yet to be revealed.

This is because whenever we see one cockroach in our cabinet, there tends to be many more cockroaches hiding at the back of that cabinet.

Careful now!!

Hahahaha

Folks FYI, Bursa Malaysia currently provides that companies that violate certain rules will be classified as PN17 or GN3 companies.

1. The total equity of the company (Total Equity) is less than RM40 million and is less than 25% of the company’s issued share capital (Share Capital).

2. More than 50% of the total assets of the company will be taken over by a person other than the company, or wound up.

3. The auditor has given an adverse opinion or disclaimer of opinion on the accounts of the company.

4. The company is unable to pay its debts

5. The company has no core business

Folks, even though some companies will try their best to regularise their businesses, unfortunately, not all their owners have the commitment to pull these companies out from PN17.

Hence, we should cut our losses and never average down our purchase prices on these companies!

Hahahaha

Folks, according to the Cockroach Theory, whenever a company announces some bad news to the public, like default in loans repayments, some accounting issues or delay in releasing their financial results, there may be more bad news that have yet to be revealed.

This is because whenever we see one cockroach in our cabinet, there tends to be many more cockroaches hiding at the back of that cabinet.

Hahahaha

Folks, the earlier investors admit their mistakes, the lower the losses they have to bear.

Unfortunately, most investors believe that the stock price will recover one day.

In actual fact they will only cut losses when the companies are about to be delisted. Hahahaha

Folks, we need to understand that a key difference between intelligent investors and normal investors is that intelligent investors always remember that there are chances they may make mistakes in their stock selection. Therefore, they are careful to monitor the performance of their stock.

Once they discover that the companies they have invested in are experiencing declining performance or showing early signs of financial difficulties, they will make quick decision to cut their losses. Good example EPF..hahaha

But sadly, not all investors have the courage to admit their mistakes.

Even worse, some of them even believe they will never make mistakes in their stock selections and the poor performance is just a temporary situation.

This type of investors usually end up getting stuck with poor performing stocks.

Rm271m & 80m sum covered untuk semua operasi kilang di Johor & Selangor. 70% pampasan susah lh nak dapat.

Kalau dapat pun 50% pampasan mcm nyawa-nyawa ikan.

Masa tu duit tapi yang sedih nya masa tak berpihak pada company ni sekarang sebab kilang utama nya at 0% production.

The big question is will there be light at the end of the tunnel with defaulted contracts, compensations & losing big clients?

Hmmmm!!

Probably will be losing their regular clients as there will be no production from that factory for at least a year plus.

Most clients will move on by giving contracts to other manufacturers.

Building a new factory & compensation from the insurer will take time meaning zero activity from that burned down factory.

Fire outbreak happened around 12.30pm & at 7pm still on fire.
The next day debris scary.
Total loss claim??

https://twitter.com/dynxishak/status/1472634481697722375?s=21

Hmmmmm!!

Serba Dinamik also said that at this juncture it is unable to provide a solvency declaration for the listed issuer as requested by the exchange. However, it did not elaborate.


https://www.theedgemarkets.com/article/serba-dinamik-sees-significant-financial-impact-us222m-sukuk-default

Can Serba fare better than the Titanic after hitting the iceberg?


https://focusmalaysia.my/can-serba-fare-better-than-the-titanic-after-hitting-the-iceberg/

https://www.theedgemarkets.com/article/serba-dinamik-planning-have-own-satellite-three-and-half-years-%E2%80%94-ceo

Lol

It is going to end extremely badly for SD.

From BOOM to DOOM.

What is next, folks.....Going bust???

AI..a diversion from the main issues..SIR, AR2020 & court cases???

EPF, KWAP, PNB, SFS Sarawak, TH & the rest have abandoned the ship months back.

The latest shareholding standings will only be published in the AR2020.

What was circulated here just a "SuratKhabar Lamaaa".

Armageddon in the making.

Careful now, folks!

https://focusmalaysia.my/citing-myriad-of-unknowns-ta-securities-resea...

AMID a murky prospect due to a myriad of unknowns, TA Securities Research has ceased its coverage on Serba Dinamik,

More IBs to follow suit soon?

Doommmm....Can SCIB roll out its AR2021 in time to prevent stock suspension?

Doommmm....Bursa announces continued suspension of Serba Dinamik share trade due to not meeting directive

Another related counter SCIB shares tumble 23% on suspension risk

Announcement dated 29 June 2021.

Bursa Malaysia Securities Berhad (“Bursa Securities”) had on 28 June 2021, issued a directive that requires the Company to:


(d) Allow the said accounting firm or the accounting firm, with international affiliation appointed to undertake the SIR, to report directly to Bursa Malaysia and the Securities Commission Malaysia, periodically, on the progress of the SIR, and on the findings upon completion of the SIR.

Again to those who have missed this announcement:

This announcement dated 29 June 2021.

Bursa Securities has also informed the Company that failure to comply with their directive above would be a breach of the Listing Requirements and Bursa Securities may take or impose such actions or penalties as it considers appropriate on the company and/or its
directors.

On behalf of the Board of Directors (“Board”), we wish to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had on 28 June 2021, issued a directive that requires the Company to:

(a) Appoint, by 2 July 2021, an international accounting firm or an accounting firm, with international affiliation, that has adequate experience and resources, to undertake the Special Independent Review (“SIR”), to address concerns raised by KPMG PLT (“KPMG”), in their presentation to the Board on 3 May 2021;

(b) Ensure the said accounting firm appointed or its affiliates, has a presence in Bahrain and such other overseas locations, where the customers and suppliers which were highlighted by KPMG, in their presentation to the Company on 3 May 2021, are located;

(c) Ensure the scope of the SIR is as per agreed between the Audit Committee of SDHB and Ernst & Young Consulting Sdn Bhd (formerly known as Ernst & Young Advisory Services Sdn Bhd) (“EY”), where the scope was also shared with Bursa Securities on 15 June 2021 and that Bursa Securities reserves the rights to enlarge and extend the scope of work of the SIR to such extent as Bursa Securities may specify; and

(d) Allow the said accounting firm or the accounting firm, with international affiliation appointed to undertake the SIR, to report directly to Bursa Malaysia and the Securities Commission Malaysia, periodically, on the progress of the SIR, and on the findings upon completion of the SIR.

Rules of Bursa Malaysia Securities

2.01 Exercise of powers
(2) The powers of the Exchange include:
(b) adding to, repealing, enforcing, waiving or modifying compliance with any of these Rules or Directives

15.09 Violation by Participants
(b) has failed to comply with any of the Exchange’s decisions, directives, rulings or guidelines (other than those guidelines which are expressed to be non-binding) made under these Rules and/or by the Exchange;

This announcement dated 29 June 2021.

Bursa Securities has also informed the Company that failure to comply with their directive above would be a breach of the Listing Requirements and Bursa Securities may take or impose such actions or penalties as it considers appropriate on the company and/or its
directors.

On behalf of the Board of Directors (“Board”), we wish to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had on 28 June 2021, issued a directive that requires the Company to:

(a) Appoint, by 2 July 2021, an international accounting firm or an accounting firm, with international affiliation, that has adequate experience and resources, to undertake the Special Independent Review (“SIR”), to address concerns raised by KPMG PLT (“KPMG”), in their presentation to the Board on 3 May 2021;

(b) Ensure the said accounting firm appointed or its affiliates, has a presence in Bahrain and such other overseas locations, where the customers and suppliers which were highlighted by KPMG, in their presentation to the Company on 3 May 2021, are located;

(c) Ensure the scope of the SIR is as per agreed between the Audit Committee of SDHB and Ernst & Young Consulting Sdn Bhd (formerly known as Ernst & Young Advisory Services Sdn Bhd) (“EY”), where the scope was also shared with Bursa Securities on 15 June 2021 and that Bursa Securities reserves the rights to enlarge and extend the scope of work of the SIR to such extent as Bursa Securities may specify; and

(d) Allow the said accounting firm or the accounting firm, with international affiliation appointed to undertake the SIR, to report directly to Bursa Malaysia and the Securities Commission Malaysia, periodically, on the progress of the SIR, and on the findings upon completion of the SIR.

https://www.bursamalaysia.com/market_information/announcements/company...
26/10/2021 12:02 PM

Doommmmm: Bursa Malaysia has resolved to suspend the trading of securities



SUSPENSION OF TRADING OF SECURITIES OF SERBA DINAMIK HOLDINGS BERHAD (SERBADK)
22 Oct 2021

Bursa Malaysia Berhad (Bursa Malaysia) has resolved to suspend the trading of securities of Serba Dinamik Holdings Berhad, including all structured warrants relating to SERBADK.

The suspension in the trading of SERBADK and all structured warrants relating to SERBADK takes effect from 2.30 p.m., 22 October 2021 until further notice.

The suspension of SERBADK’s securities is effected pursuant to paragraph 16.02(1)(c) of the Main Market Listing Requirements, in the interest of maintaining an orderly and fair market in the trading of SERBADK’s securities.

There you go again folks. Will there be light at the end of the tunnel? Careful now, folks!!

https://www.bursamalaysia.com/market_information/announcements/company...


Kindly be advised that trading in the Company's securities will be suspended with effect from 2.30 p.m., Friday, 22 October 2021 until further notice. The suspension is effected pursuant to paragraph 16.02(1)(c) of the Main Market Listing Requirements in the interest of maintaining an orderly and fair market in the trading of SERBADK’s securities.



Accordingly, all structured warrants relating to SERBADK will also be suspended at the same time

Hmmmmmm....doommm

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3202683


Kindly be advised that trading in the Company's securities will be suspended with effect from 2.30 p.m., Friday, 22 October 2021 until further notice. The suspension is effected pursuant to paragraph 16.02(1)(c) of the Main Market Listing Requirements in the interest of maintaining an orderly and fair market in the trading of SERBADK’s securities.



Accordingly, all structured warrants relating to SERBADK will also be suspended at the same time.

No worries. Bought below 0.50 & still holding steadily. Better earnings expected for the remaining Qs.

Revenue for the current quarter of RM43.9 million was 5% lower compared to the preceding quarter primarily due to the FMCO in early June 2021.

For the six months period ended 30 June 2021, the Group recorded a revenue of RM90.2 million as compared to RM80.4 million in the corresponding period in the previous financial year, an increase of RM9.8 million or 12%.

The increase was primarily due to an increase in sales in the first quarter of this year to both existing and new local and international customers.

The Group reported a profit before tax of RM2.7 million for the six months ended 30 June 2021 compared to a loss of RM2.5 million for the same period last year primarily due to higher revenue

Remember folks during the 2Q20 Tomypak shares traded above 0.80sen.
With better 2Q21E & market sentiments below 0.50 is now history & soon 0.60 too folks!

Very bullish..good 2Q21 financial results announcement this week..do not miss this boat folks!