I wonder if anyone will allow your banker to sue you for bankruptcy for loans, then back to negotiate for restructuring..

LOL...

Think really kacang putih to appoint liquidator and file writ .. then backtrack.

Hahaha.. this Kacang Putih can simply shoot rubbish out of his mouth.

Liquidation is final step after all negotiation fails.

Really madness... never recover till today. Blatant lies

Great advice by Elon Musk.

Holders of SD must take heed of advice No#2

Principle No. 2: Only sell if your original premise changes
Musk advised to only sell stocks when the products and services of the companies that you invest in "are trending worse." My interpretation of this is that he thinks the time to sell stocks is when your original premise for buying the stocks changes. In other words, if the point comes where you no longer believe in a company's products and services, sell the stock.

Dumbest comparison..

CapA not fraud company and in process of liquidation.

Try find a better example.

LOL

Accounts are verified fraudulent.

Assets only worth 157M by the banks..
Last Q report had SD assets worth 7.4B...

Where to find missing RM7B assets to sell? LOL

Simple paper calculation of NTA... actually no need to calculate.. already negative.

Debts are real.. Assets are fake.

Takeover KPMG and EY... then change the audit report.

Pray and money falls from sky... pay off creditors and bondholders.

Pray for more money to keep operations running.

Pray for RM3.0B only to fall from sky.

Cant see a way out.

Essentially SD committed the 2 most cardinal sins in corporate governance.

FRAUD AND Being LIQUIDATED.

Its not wolves..

First wave will be the small whales leaving....

Suiyee Bilis seeing the whales sell order.. will have herd mentality... Follow the light...

See.. no wolves..

hahahhaha

No worries..

Plenty of shares to buy...

Big Whales like EPF and KWAP already gone 1st batch...

We will see the next batch of smaller whales.. 10% held by foreign shareholders. These trust funds are NOT allowed to invest in companies with confirmed fraud and liquidation in progress.

Sap Sap 350m shares for everyone that wants to buy.

Bursa says things not settled ya.. LOL

Only promoters says settled.

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

Smart sotong..

Promoters like to jumble up...

Liquidation is filed.... means restructuring, negotiation is over.

Anyone buying into this stock.. which is a confirmed
1) Fraud company
2) Liquidation in process.

are gamblers.. hoping for a miracle.. see Perisai, Sona, Sumatec... people still buying at 1c.. LOL

New Kids on the Block making a comeback?

That KonMabel wont dare....

His main purpose is to lure Suiyee to buy SD... so he can escape..

Holding too much penthouse tickets..

LOL

Used to be only 1 choice.

Now have a better more scenic Penang 2nd Bridge. Can jump in and become fish food.

LOL

Lest people forget.

Remember:
TH Heavy
Sumatec
Daya
SAPURA

Promoters will promote till these counters die.

These unscrupulous promoters wants to offload their tickets to unsuspecting investors.

SD is in a worse position than all the above. Fraud accounting confirmed and liquidation in process.

This is a political forum??

We have SD confirmed to have:

1) committed fraud
2) liquidation in process

Promoters should talk how SD will solve “real” problems.

What the promoters will use nowadays? Hahhaa

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...........