Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

List of SD FANBOYS who keep shouting "BUY!"

(These are probably all the same person with different acc)

1. Interfund
2. Mabel
3. Pearlwhite
4. Janetan
5. Trader sampah
6. Gloveisgreat

Siaokar (2) Interfund (0)

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.

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.

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.

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.

Pity those who buy last week at 0.42. Banyak warning sudah kena bagi.

Enter at 0.2, sell at 0.3

Tp next week is 0.2. Can consider enter at 0.2 but you must he aware that delisting is real now

I reduce my target of 0.31. Now its 0.2

Game over boys, it going to drop much faster then i anticipated

Newtrader1989(2) vs Pearlwhite(0)

In this forum, the only guy not spewing lies is Huangbk. He is the only guy here i suspect is not an operator and is genuine

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.

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.

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.

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.

Sebab mereka faham hanya harga itu yang ngam untuk masuk. Harga lain semua untuk pump and dump je

Operator kat sini semua pegang SD dengan average price 0.31-0.33

Harga yang ngam untuk masuk hanya 0.31 dan ke bawah. Apa2 selain itu, semua terlalu mahal

Jangan cakap uncle tak bagi warning. Uncle bagi warning minggu lalu jangan masuk 0.42, keras kepala juga masuk. Minggu ni uncle warning lagi sekali jangan masuk 0.39, degil juga nak masuk.

HARI INI, saya bagi warning kali ketiga untuk jangan masuk 0.35. You tetap akan masuk. Dan minggu depan bila sampai 0.31 you seribu alasan kenapa you boleh hold bertahun2

Jangan cakap uncle tak bagi warning. Uncle bagi warning minggu lalu jangan masuk 0.42, keras kepala juga masuk. Minggu ni uncle warning lagi sekali jangan masuk 0.39, degil juga nak masuk.

Today support is gonna break

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.

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.

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.

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.

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.

@pearlwhite, share link or it fake

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.

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.

You all do realise ada group telegram khas untuk pump and dump? It cost around Rm5k-Rm10k to join.

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.

newtrader1989 This counter have fallen 120 cents and with 0.5 cents up people are rejoicing like crazy. Haha desperate times
21/10/2021 2:48 PM

Huangbk72 Good luck to those holding SD stocks.. high or low floors

Great job to those on the sidelines waiting for SIR report

My last message now till SIR report comes out.

1) EY will confirm KPMG findings
2) Dont be in the same room when shit hits the fan ( aftermath washup ok la... haha)

Rm0.31 coming soon. Get ready to buy in

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.

However, I dont feel SD will be delisted. They have a good operation, just lousy management. One trick pony. Just change the jockey and SD will thrive.


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.

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.

@Huangbk (1) vs @Pearlwhite(0)

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.

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.

However, I dont feel SD will be delisted. They have a good operation, just lousy management. One trick pony. Just change the jockey and SD will thrive.


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.

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.

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.

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.

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.

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.

However, I dont feel SD will be delisted. They have a good operation, just lousy management. One trick pony. Just change the jockey and SD will thrive.


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.