Post removed.Why?

LOL..

I want to borrow a trademarked phrase of i3lurker.

This is another Suiyee.. 8899EL

Banks never freeze SD cash .. only banking facilities like trade financing etc.

Inventory can turn into 100% cash? LOL… moreover most of the inventories cannot be found:

Trade receivables?? most are detected fake by KPMG and confirmed by EY.

If in doubt, read up liquidation notice by banks.. SD worth only 157M.

Hahahaa

Give you a tip.

If you want to sokong SD, sokong by shorting - IDSS ( if allowed)..

LOL

Post removed.Why?

To take SD private, Karim will need RM3.0 Billion to pay for shares, bonds and debt.

To let SD sink, Karim dont need RM3.0 Billion.

If you are Karim, what is your choice?

Hahahah Bob..

There is an old saying " Never borrow money from banks"

When times are good, they are your best buddies.. when times are bad, they are your worst enemies. Like what is happening between SD and their bankers. Especially HSBC... the fastest hand chop in banking.

Whether Karim will dump shares is irrelevant.

Even he dumps/sells/lelong, he will not get back a single cent. More likely Bankers will sell his shares for him.

He has at least 10% shareholdings already pledged to the bank. This does not include margin accounts.

@ Paul.

Bob is right.

Suspension is bad for Bursa. They try to avoid this at all cost.

But the timing is too coincidental. After Creditors file liquidation notice, immediately trading resumes.

My take, its Bursa way to let the minorities escape.

Bankers dont simply liquidate companies. Its very bad for them. Big impact on their balance sheet. Liquidated companies never recover 100% of loan. Mostly get back 20-30%.

For banks to undertake liquidation:
1) They have conducted due process.
2) Checked with market and principals.
3) Looked at the company accounts.

If Bankers no confidence, means the company is lost for sure.

I love Pusing

When I see promoters running out of ideas and pusing sini sana

Hahaha

Nothing to do with court.

Justice Baos already thrown out all cases by SD.. SD lost all cases. So Justice Bao still ok.

No worries..

People like Mabel can pool their money to the tune of 500million to prop up SD price come 9th May.

This is to maintain 35c ya..

LOL

Anyone here can see the contradicting statements by the Mabel.

1) If really only free shares, necessary to depend a fraud company? The losses much be too much for him.

2) Mabel statement is always confusing. Now, can’t make out if he asking people to hold or buy?
If hold, then the glorify SD
If buy, then tell people when to buy?

In summary, Mabel doesn’t know what Mabel wants. Only Mabel doesn’t like to lose too much money in SD

Ya

6 months..

Proven by KPMG and EY that Sd is cooking books. Caught red handed.

Proven to the insolvent. No cash to repay loans. Company only worth 157M..

Sure price Rock solid dropped from 1.60 and remains stuck at 35c.. who can trade?

No worries.. once tide subside, rock will always appear.

This is Fraud accounting is ongoing saga...

The 26 pages so called FFU is full of twisted facts, accusations and rebuttals by SD that you got lost to find out where the actual FFU by EnY is. Full of BS until you don't want to read on.

For those that can read and comprehend.... doesnt apply to Mabel.

Bursa announcement.. ( not announced by media or SD.. maybe Mabel also cannot comprehend this)

https://www.bursamalaysia.com/sites/5bb54be15f36ca0af339077a/content_entry5c11a9db758f8d31544574c6/626bc42239fba21519ca6980/files/Apr29_2022_SERBA_DINAMIK_HOLDINGS_BERHAD_UPLIFTMENT_OF_SUSPENSION_OF_TRADING_SECURITIES__CLARIFICATION_ON_SERBADKS_ANNOUNCEMENT_DATED_21_APRIL_2022_AND_INVESTOR_ALERT.pdf?1651231480

Hahaha i3lurker

You forgot aliens from Mars also coming to takeover Serba

The power to trade is always in SD hands

The rules are clear on this.

Instead of releasing FFU months ago, SD only release it now.

So minorities can escape before more catastrophic event happens to SD

Sometime people can really twist facts. Spin tales.

Fake accounting is not cleared.

No wonder they are so happy. Paying a compound and release FFU means all settled?

Like that can settle, every PLC can do it and run away with billions.

See... Mabel really clueless.

Fake accounting cleared by posting a lame 26 page FFU statement???

Maybe he didnt see Bursa announcement.. LOL

Nice...

Pls follow Mabel...

Buy fraud counter..
Buy soon to be liquidated counter.
Buy and keep 3 years..your money will grow .. LOL

Mabel.. wanna get recognized as smart investor..

start posting facts.. not figments of your imagination.

Posting here can make SD delisted?

Wow...

That fella is the biggest con I have seen in this forum.

From his posting.. mostly copy and paste.

The ones he writes himself, no knowledge about financials.

One thing though, he is excellent in walling up. Can pretend nothing happened when pointed out his inadequacy.

LOL

BobAxelrod

Hahahaha....AhKua cat woman doesn't know share valuation and worth of listed companies. She thinks NOSH is the ultimate determination for worth of shares....must be a newbie.

Sumatec not bumi company? hahhaha

Wow..

Didnt know buying shares only look at Market Cap??

This must be Lousy Hotel Buffet strategy..

LOL

Post removed.Why?

Dont worry.. says the promoters

Can keep buying SD because :
1) KPMG detected fraud
2) EY confirmed fraud
3) Bursa and SC agreed fraud happened
4) Court of Law agreed fraud happened
5) SD agreed fraud happened by agreeing to compound fine.
6) Bank checked and agreed. In process of liquidation.

So.. pls buy fraud counter... can have 3-10x return.. LOL

Sounded like a scam to me.

Oooo

Plenty happened in 6 months.

1) Confirmed Fraud
2) Confirmed creditors started Liquidation process

The 2 biggest No No for a listed PLC.

Even 1 torpedo will sink a company, now SD has 2.

Hahaha

Buy SD??

Better donate money to orphanage..

At least you hear “thanks”

Hahahah

So many other distress counters to gamble on.. these counters are not

1) Confirmed Fraud
2) Under Liquidation process

A company that is confirmed

1) Fraud
2) Liquidation process started
3) No new project

Is technically 100% shit company.

Can dispute this ??

I got my popcorns..

Deck chair ordered and will arrive next week in time for the show on May 9th.

Now I know why Wags needed release.. hahahha

Hahaha..

Ok man..

I rather to be in the company of people with integrity and intelligence.

Not a bunch of brainless, brain dead, corrupted to the core, up to no good vermins.

One of them just posted 2021 projection of fake projects. None which has materialize till 2022.

Figures never lie.. people do.. all can be seen from SD cash flow from un-audited accounts last Q.

DannyArcher.

I take offence at you putting me in this Dumbo Team.

For real??



Now Bursa open a tiny door let minority shareholders the chance to escape, but evil people like pearlwhite, vicky, huang, investorking and mabel wants to trap people, telling people to average down. investorking somemore dare says kyy and coldeye will invest in this stock, dont lie, nobody will believe this.

Im sure many smart people here sees this.

Im posting this for those that still living in a fog.

The timing is impeccable..

Once Creditors file winding up..

SD allowed to trade immediately.. even with a lame excuse of an FFU.

Consider this a Raya gift... for the minorities

Right Bob..

Borrow money must be repaid.. Its sacred.

100% success rate to recover debt in court.

BobAxelrod

My personal experience in Commercial Banking for 16 years, some 23 years ago since ended, Petition for Winding Up has never been denied by Courts...........

Hahaha…

According to “some” special ones

KYY, Coldeye, EPF, KWAP, trust funds

Bob.

My thoughts is that Bursa cut some corners in this.

That is not FFU. It’s a 26 page statement. FFU refers to 14 points highlighted by KPMG. KPMG definitely didn’t write love letter.

Bursa just want the minorities to escape from SD. That’s the only reason.

The liquidation move has started. Might as well let the monitories sell before impending “lelong”

Armada Suay

You mean, you have to withdraw EPF 10k??

My goodness… how broke are you ? No raya money?

Armada suay.. can’t blame you if you can’t read English.

Try find 1 post of mine saying SD will be delisted if show FFU.. just 1, simple

Don’t worry.. ur SD investment is stuck.

Since you so gung-ho on SD, pls buy more and keep.. don’t be ball-less.. Jadi jantan

My post same, Post FFU and trading starts

Post FFU, more legal cases will for SD

Don’t worry about my Karma, I’m enjoying life to fullest. I enjoy good Karma because i warned investors since last year May when SD trading at 50/60 range.. people I helped.. I’m happy for them

Let’s see how far it will drop on May 9th.

I’m getting my popcorn and sun deck chair ready.

The people that still promoting, will definitely be the 1st to sell on opening bell.

I think I will be a long term investor or even short term though it’s not my style.

Definitely support Malaysian business since it’s Malaysian bourse.

But SD ?
1) Fraud accounting confirmed by 2 auditors and SD paying the compound fine.
2) Creditors filing for liquidation
3) Bonds default
4) No new projects in past 1 year
5) company running on fumes

Still can’t find a reason to buy this stock.

Talk talk and talk

Find Money to pay creditors first.. not millions, billions ya.

Find new work for SD first, already 1 year no new project. Old projects mostly fraud.

No money no cash can survive ?

Lol Armadasuay

Hiding for weeks, got little sugar, come out to lick..

Don’t know what is there to celebrate?? Hahaha

Let’s see how u escape from SD.

Nicely done Bursa..

FInally this lame 26 love letter accepted by Bursa, when it was rejected by SC who file a police report.

Funny how regulators work...

Dont be so happy "those empty vessels"..

Lets see how when market reopens.. hahaha

Kacang Putih sickness is terminal.. similar to SD.

Creditors is not considering restructuring.

Its liquidation stage. Even getting back 10 cents to 1 RM is palatable to the banks.

Restructuring dont need to appoint PWC .. hahaha

In old England court, there must be a jester to keep everyone happy..

In current i3 SD thread, we have our resident jester "Kacang Putih", tasked to keep everyone happy too.

Nothing worth in SD to buy or buyback.

Saleable asset only worth RM157M now.

Last Q.. company assets pegged at 7.4B.. LOL

LOL..

How KWAP transfer shares when they sold off all last year.?

Your curve is late by 1 year..

Madness....

Article in 2016...

Article talking about Bank Negara Governor....

Pure madness mated to idiocy..


Pearlwhite

My heartiest congratulations to Awang Adek as the new SC Chairman.

Lets us all band together to rid ourselves of abuses of MOF machinery and bodies from the rampant abuse of power to enrich oneself or that of others and restore law and order and trust and transparency in the Malaysian financial system.

It is time to stop victimising innocent listed companies from allegations of fraud that enable perpetrators to purchase them at cheap prices at the expense of the rakyat.

I hope that with a unified SC under the leadership of Awang Adek, in tandem with the current Malaysian leadership, the financial system will be stablised and prosper ahead.
https://www.malaysiakini.com/news/333701

Lets us all band together to rid ourselves of abuses of MOF machinery and bodies from the rampant abuse of power to enrich oneself or that of others and restore law and order and trust and transparency in the Malaysian financial system.

It is time to stop victimising innocent listed companies from allegations of fraud that enable perpetrators to purchase them at cheap prices at the expense of the rakyat.

I hope that with a unified SC under the leadership of Awang Adek, in tandem with the current Malaysian leadership, the financial system will be stablised and prosper ahead.
https://www.malaysiakini.com/news/333701
.

Only the morally bankrupt will claim this.

Its a protest move by a SC Chairman who has more integrity than you over a few lifetimes.

I hope the venerated Datuk Syed Zaid Albar reads this statement of yours.



ǷearlꙌhite

.
https://www.theedgemarkets.com/article/sc-executive-chairman-tenders-r...

Those who abuse and permit abuse of Government machinery and bodies for their own or acting as proxies/henchman for others' personal gain will be dealt with.

More to come.