FSX123

FSX123 | Joined since 2021-03-07

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2021-10-28 21:51 | Report Abuse

@interfund

Trade crypto can recover back all the loses......................... Our crypto portfolio worth USD 68 billions after recent SHIBA rally............... Throwing few millions in bursa is nothing.............. The fun is roasting people here.............................


You tak penat kah jalan kan kehidupan penuh dosa ini? Tak kasihan kah dengan orang-orang yang you kasih rugi?

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2021-10-28 21:47 | Report Abuse

Sedap tak rasa kena tipu dengan Interfund dan Pearlwhite?

Mereka suruh beli pada harga 0.42, you pergi beli. Kemudian harga jatuh 0.39, mereka suruh top up. You pergi top up.

Harga jatuh lagi 0.35, mereka cakap ini peluang emas untuk beli. You pun keluarkan segala simpanan untuk beli.

Sekarang suspended, mereka cakap lepas suspension diangkat, pasti akan meroket jadi kamu cepat-cepat beli lagi. Kamu pun standby nak apply personal loan untuk beli.

Lepas ni bakal delisted, dan Interfund dan pearlwhite akan lesap selama-lamanya.

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2021-10-28 21:44 | Report Abuse

I respect @Huangbk and @I3Lurker. These 2 people giving rational concrete reasoning and prove. They call a chicken a chicken.

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2021-10-27 07:18 | Report Abuse

@Huangbk72, actually majority of promoters dont hold any shares at all. They are PAID to convince other people to buy it. But they them selves will never buy this share because they know the truth

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2021-10-27 00:05 | Report Abuse

Serba Dinamik is going to be like ENRON. USD90.75 Drop to USD0.26 before suspended forever

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2021-10-26 22:43 | Report Abuse

Gash19 Seriously, they need to hire SMART people, this is an advice for all GLC company too. Look at bluechip companies, those who succeeded are the one hired smarties without looking at their background and paid them well, not just hiring kampung people without strong qualifications. And the management need to listen to ADVICES. Why? Do you think people will work for you if you donot respect them? You hire them just to wipe your ass? No! Smart people help to growth your company and prevent bad situation happen,not just open mouth to eat. They may compromise something and try to fit into culture or ways you doing things, but when you come out something that will drag all to hell, they will advice many time and resign if feel unappreciated, completely different than what you called loyal but low ability followers. Hire smart people if you want to success, especially when you want to walk out from Malaysia. Thanks.


I think you dont understand how things work in Malaysia.

1. Loyalty is everything. It does not matter if your very smart, qualified or capable. If your not loyal, you are against the boss and might even someday replace the boss. Therefore you are a threat and enemy.

2. It was never the objective to go out/ expand out of Malaysia. It was all about personal and race enrichment. The objective is to make sure my own pockets are full. Nobody gives a danm about expanding overseas.

3. I dont need to appear successful or even capable. I just need the money to enter my bank account and then the company can go bankcrupt for all i care. Remember the original objective? It was to personal and race enrichment. People who are loyal will be rich together with me. If you are not loyal, its just a matter of time until you are harassed until you resign.

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2021-10-26 18:53 | Report Abuse

Benda ni simple.

Address can find or cannot find ?

Inventory can find or cannot find ?

Company can find or cannot find ?

Human/pekerja can find or cannot find ?

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2021-10-26 18:52 | Report Abuse

As long as SIR findings is inconclusive, SD can claim it’s not complete

Inconclusive findings mean can verify or cannot verify?

Address can find or cannot find ?

Inventory can find or cannot find ?

Company can find or cannot find ?

Human can find or cannot find ?

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2021-10-26 18:03 | Report Abuse

Mark my word, i called it

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2021-10-26 18:03 | Report Abuse

This counter will be suspended for at least end of this year

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2021-10-26 07:34 | Report Abuse

Ready limit down guys

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2021-10-25 15:43 | Report Abuse

Rm0.11 coming scrubs

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2021-10-25 00:58 | Report Abuse

Why Serba will not recover

1. SIR/Court case

- KPMG is a big 4 company. They deal with hundreds of huge company. Serba is just one of their hundreds of big money clients. There is literally no reason for them to make a false call on their valuable clients. The only factor which might make them do so is because the problem in question is just downright/obviously wrong. Obviously they weighted the pro and cons of calling it out vs not calling it out. Therefore they decide to call it out and risk lawsuit. This is not a matter satu orang je decide. They already bincang kaw2 dalam mesyuarat...

2. Tiada kemasukan besar institutional buyers. Malah public bank jual besar-besaran/cut loss besar-besaran.

- Bukan saja tiada institutional buyer baru, malah institutional buyer sedia ada cabut lari.

3. Agent2 pump and dump mula beroperasi di forum.

- Kenapa baru sekarang nak sembang beli? Kenapa bulan lepas masa harga 0.31-0.35 tidak aktif suruh orang beli??

- Dibandingkan dengan Airasia, forumers memang sentiasa mengalakkan beli walaupun harga jatuh teruk.

- Serba tidak, hanya suruh beli bila harga naik meroket tanpa sebab.

4. Black list institutional buyers

- Lets face it, kaunter ni telah menyebabkan kerugian besar pada institutional buyers. You think mereka ni rugi kemudian tak pandai insaf2. They have strict SOP in place. Fund manager untuk EPF saja sudah lebih 30+ orang. Tiada orang akan risiko kan pekerjaan sendiri untuk buat recommendation untuk fund mereka beli Serba

5. Cannot get future contract/Recover order book

- Nowadays its standard operating procedure to prioritize companies with good governance. Serba have proven it self to have very bad governance. This is known throughout the corporate world. If you are in mid tier management of any decent company, you would know this.

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2021-10-25 00:58 | Report Abuse

The journey so far:

Since red flagged, SD down from RM1+ to 30c level now.

Promoters been saying buy buy buy.. buyers who listens are all stuck
70c
60c
50c
40c
Plenty here stuck at above floors

30c seems impossible and we have promoters saying chop dick if it happens. Well no show apparently:

Be a smart investor, throw away all the noises. No matter what promoters say, they don’t dictate price nor have insider information . They are paid to do this job.

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2021-10-25 00:58 | Report Abuse

Kpmg has resigned as auditors of SD.

This is not because they are scared or they admit they are guilty.(Pls dont misunderstand).

Auditors are generally required to be independent and objective during an audit, because they are responsible to issue an opinion on the truth and fairness of a company's financial statements(f/s).

They cannot be seen to be siding the directors due to fear or favour. Instead, they should be protecting shareholder's interests.

Board of directors are responsible over the preparation of f/s, and the f/s are then audited by the external auditors. The auditors will then issue their opinion to shareholders.

Notice there is a 3 party relationship here.

1)The auditors who audit the f/s, and

2)Directors who are responsible over the preparation of f/s and

3) The shareholders, who are the recipient of the f/s and the auditor's opinion.

Auditors work for the shareholders and not the board.

The board cannot exert their power or influence on the auditors. The legal case initiated by the board, however, shows otherwise.

So,

KPMG has no choice but to resign because they will no longer be able to audit the f/s objectively, there is now a perception that kpmg may compromise in the audit due to the fear over the outcome of the legal case.

(So, the safest thing to do, is resign, and this is the message to shareholders. Resignation is also strongly recommended by auditor's code of ethics)

The board's decision to take a legal action on KPMG represents an intimidation threat, where the board can be perceived as saying, you either accept what we say or face the consequences of the legal prosecution. (Although their true intention maybe something else)

The question now is:

Was there a need to take legal action on the auditor while the audit is not complete and call for a press conference to condemn the auditor, instead of explaining and solving the issues in hand?

Didnt the audit committee give a warning to the board about how a legal case will affect auditor's independence?

A legal case is a serious issue. Wasn't this discussed with all major shareholders? Did they call for an egm to discuss with shareholders, especially the majority or institutional shareholders, before proceeding?

To get more clarity,

We need to know who are the top 3 major shareholders of Serba Dinamik and whether they were consulted before the legal action was taken.

At the end of the day, KPMG will still need to face the legal case and protect their own reputation, and in the process, have to let the shareholders and authorities know their side of the story, with proper evidence.

This is not only about audit and accounting, its moving towards wider governance issues..

Lets see what happens next.

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2021-10-25 00:57 | Report Abuse

Everyone invested in SD is losing money.

Everyone on sidelines is saving money.

All the old promoters gone in hiding or reborn using dupe account.

No doubt EY will confirm KPMG findings.

Dont be in the same room when shit hits the fan.

leno at 70 sen say hold until appoint new chairman
at 60 sen say hold until appoint EY
at 50 sen say hold until appoint new auditor
at 40 sen say hold until quarter report out
at 30 sen say hold until EY result out
at 20 sen say hold until bursa take action
at 10 sen say hold until suspended
delisted at 1 sen.

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2021-10-23 13:55 | Report Abuse

Why Serba will not recover

1. SIR/Court case

- KPMG is a big 4 company. They deal with hundreds of huge company. Serba is just one of their hundreds of big money clients. There is literally no reason for them to make a false call on their valuable clients. The only factor which might make them do so is because the problem in question is just downright/obviously wrong. Obviously they weighted the pro and cons of calling it out vs not calling it out. Therefore they decide to call it out and risk lawsuit. This is not a matter satu orang je decide. They already bincang kaw2 dalam mesyuarat...

2. Tiada kemasukan besar institutional buyers. Malah public bank jual besar-besaran/cut loss besar-besaran.

- Bukan saja tiada institutional buyer baru, malah institutional buyer sedia ada cabut lari.

3. Agent2 pump and dump mula beroperasi di forum.

- Kenapa baru sekarang nak sembang beli? Kenapa bulan lepas masa harga 0.31-0.35 tidak aktif suruh orang beli??

- Dibandingkan dengan Airasia, forumers memang sentiasa mengalakkan beli walaupun harga jatuh teruk.

- Serba tidak, hanya suruh beli bila harga naik meroket tanpa sebab.

4. Black list institutional buyers

- Lets face it, kaunter ni telah menyebabkan kerugian besar pada institutional buyers. You think mereka ni rugi kemudian tak pandai insaf2. They have strict SOP in place. Fund manager untuk EPF saja sudah lebih 30+ orang. Tiada orang akan risiko kan pekerjaan sendiri untuk buat recommendation untuk fund mereka beli Serba

5. Cannot get future contract/Recover order book

- Nowadays its standard operating procedure to prioritize companies with good governance. Serba have proven it self to have very bad governance. This is known throughout the corporate world. If you are in mid tier management of any decent company, you would know this.

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2021-10-23 10:04 | Report Abuse

Too late to run, you will immediately suffer -70% to -95% on opening bell

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2021-10-23 10:04 | Report Abuse

Brace your self, total loss incoming

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2021-10-22 22:07 | Report Abuse

Kpmg has resigned as auditors of SD.

This is not because they are scared or they admit they are guilty.(Pls dont misunderstand).

Auditors are generally required to be independent and objective during an audit, because they are responsible to issue an opinion on the truth and fairness of a company's financial statements(f/s).

They cannot be seen to be siding the directors due to fear or favour. Instead, they should be protecting shareholder's interests.

Board of directors are responsible over the preparation of f/s, and the f/s are then audited by the external auditors. The auditors will then issue their opinion to shareholders.

Notice there is a 3 party relationship here.

1)The auditors who audit the f/s, and

2)Directors who are responsible over the preparation of f/s and

3) The shareholders, who are the recipient of the f/s and the auditor's opinion.

Auditors work for the shareholders and not the board.

The board cannot exert their power or influence on the auditors. The legal case initiated by the board, however, shows otherwise.

So,

KPMG has no choice but to resign because they will no longer be able to audit the f/s objectively, there is now a perception that kpmg may compromise in the audit due to the fear over the outcome of the legal case.

(So, the safest thing to do, is resign, and this is the message to shareholders. Resignation is also strongly recommended by auditor's code of ethics)

The board's decision to take a legal action on KPMG represents an intimidation threat, where the board can be perceived as saying, you either accept what we say or face the consequences of the legal prosecution. (Although their true intention maybe something else)

The question now is:

Was there a need to take legal action on the auditor while the audit is not complete and call for a press conference to condemn the auditor, instead of explaining and solving the issues in hand?

Didnt the audit committee give a warning to the board about how a legal case will affect auditor's independence?

A legal case is a serious issue. Wasn't this discussed with all major shareholders? Did they call for an egm to discuss with shareholders, especially the majority or institutional shareholders, before proceeding?

To get more clarity,

We need to know who are the top 3 major shareholders of Serba Dinamik and whether they were consulted before the legal action was taken.

At the end of the day, KPMG will still need to face the legal case and protect their own reputation, and in the process, have to let the shareholders and authorities know their side of the story, with proper evidence.

This is not only about audit and accounting, its moving towards wider governance issues..

Lets see what happens next.

Stock

2021-10-22 22:07 | Report Abuse

Why Serba will not recover

1. SIR/Court case

- KPMG is a big 4 company. They deal with hundreds of huge company. Serba is just one of their hundreds of big money clients. There is literally no reason for them to make a false call on their valuable clients. The only factor which might make them do so is because the problem in question is just downright/obviously wrong. Obviously they weighted the pro and cons of calling it out vs not calling it out. Therefore they decide to call it out and risk lawsuit. This is not a matter satu orang je decide. They already bincang kaw2 dalam mesyuarat...

2. Tiada kemasukan besar institutional buyers. Malah public bank jual besar-besaran/cut loss besar-besaran.

- Bukan saja tiada institutional buyer baru, malah institutional buyer sedia ada cabut lari.

3. Agent2 pump and dump mula beroperasi di forum.

- Kenapa baru sekarang nak sembang beli? Kenapa bulan lepas masa harga 0.31-0.35 tidak aktif suruh orang beli??

- Dibandingkan dengan Airasia, forumers memang sentiasa mengalakkan beli walaupun harga jatuh teruk.

- Serba tidak, hanya suruh beli bila harga naik meroket tanpa sebab.

4. Black list institutional buyers

- Lets face it, kaunter ni telah menyebabkan kerugian besar pada institutional buyers. You think mereka ni rugi kemudian tak pandai insaf2. They have strict SOP in place. Fund manager untuk EPF saja sudah lebih 30+ orang. Tiada orang akan risiko kan pekerjaan sendiri untuk buat recommendation untuk fund mereka beli Serba

5. Cannot get future contract/Recover order book

- Nowadays its standard operating procedure to prioritize companies with good governance. Serba have proven it self to have very bad governance. This is known throughout the corporate world. If you are in mid tier management of any decent company, you would know this.

Stock

2021-10-22 22:07 | Report Abuse

The journey so far:

Since red flagged, SD down from RM1+ to 30c level now.

Promoters been saying buy buy buy.. buyers who listens are all stuck
70c
60c
50c
40c
Plenty here stuck at above floors

30c seems impossible and we have promoters saying chop dick if it happens. Well no show apparently:

Be a smart investor, throw away all the noises. No matter what promoters say, they don’t dictate price nor have insider information . They are paid to do this job.

Stock

2021-10-22 22:07 | Report Abuse

Everyone invested in SD is losing money.

Everyone on sidelines is saving money.

All the old promoters gone in hiding or reborn using dupe account.

No doubt EY will confirm KPMG findings.

Dont be in the same room when shit hits the fan.

leno at 70 sen say hold until appoint new chairman
at 60 sen say hold until appoint EY
at 50 sen say hold until appoint new auditor
at 40 sen say hold until quarter report out
at 30 sen say hold until EY result out
at 20 sen say hold until bursa take action
at 10 sen say hold until suspended
delisted at 1 sen.

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2021-10-22 19:27 | Report Abuse

SERBA DINAMIK

Disuspen oleh Bursa

Apakah yang berlaku sebenarnya?


1. Tarikh akhir hantar FY Serbadk ialah pada 31 Oktober. (Since mereka tukar pengauditan mereka ke June, dalam 4 bulan wajib review FY)

2. Minggu depan adalah penting bagi Serbadk, dan juga memegang saham.

Kalao Serbadk gagal mengemukakan review FY, Bursa akan mulakan proses delisting kaunter ini.

3. Akan mula dengan PN17, lepas itu akan delisting.

Dato Karim jual warrant beliau semalam. Hari ini pula berlaku kes begini. Adakah ini kebetulan?

Apek tidak risau, sebab apek tiada beli Serbdk. Sejak 2 tahun lalu apek tahu kaunter ini memang ada masalah cash flow yang TERUK.

Inilah sebab team Apek sangat pentingkan FA dahulu. Kita invest syarikat yang tiada masalah, barulah tidur aman. TA itu kemudian.

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