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.

Wahhhh..

Which investor will buy in a company that :

1) NTA negative
2) Default Bond
3) No complete audited accounts for 2 years
4) No institutional investors

Better story line will be :

Elon Musk have balance USD 2B from Twitter takeover.

He will takeover SD to complement his space business

Hahaha..

Another wannabe financial expert that used to say EPCC business will have stable profit to SD. Profit margin will be stable woh..

Proven wrong too. Busted !!

Cast of SD fraud saga:

Main actor : Karim
Supporting actor : Karim
Main actress : Karim
Supporting actress : Karim
Director : Karim
Producer : Karim
Screenwriter: Karim
Song writer : Karim

No more whales in SD, all left this toxic stock. EPF and KWAP mostly.

SD is bigger than Sapura.. for sure bigger fraud than Sapura.

Nothing answered regarding fraud accounting detected and later confirmed by both KPMG and EY.

Black is black.. white is white.

No matter how spinners spin, its never grey in PLC world.

By virtue of SD agreeing to the compound is CONFIRMING fraud happened.

No Criminal case, but Civil case can proceed. Kapish....

We are not interested in Criminal portion of SD.. this is a investment forum.. we look how SD will resolve Fraud element.

Kacang Putih

Since May 2021, you have been spinning nonsense.

Fraud has been proven. That’s good enough for investing fraternity.

Maybe not enough for you.. LOL

Huh?

Why would SC deal with audit firms? Merchant bankers? listed companies?

SC will only deal with you if they detect a problem.

All dealings is with Bursa.

No worries Bob.

The criminal element doesnt stop at AGC interference.

FFU cannot be released at all cost... cos once its out, bondholders, creditors, busybodies and shareholders can go after SD.
AGC has no control over this part and chances of SD losing is super high.

Many high profile cases in Malaysia.. released by court, arrested at the same court and charged under a different law.

There is simply NO solution in sight for SD since they chose this route. Unless they takeover KPMG and rescind the audit report... LOL

Thanks Bob..

Hopefully the real Axe comes back for S7. He is a much better adversary for Chuck.

SD is such a clear cut case.. as clear as crystal

Remember when Kacang Putih used to quote “ I have seen EY report that objected to KPMG findings and hold a copy in my hand”
Now we have another joker in his mould saying “ I have seen the EY and SD contract and it says the report must be signed”

Too many of these jokers come, make some noise, proven wrong eventually.

When in doubt or confused, go back to the source of SD problem.

It started when KPMG red flagged dubious transactions. This remains unchanged.

EY confirmed KPMG findings from their FFU.

Even if SD succeeded in blocking this FFU by EY.. the problem will go away? There is still outstanding report by KPMG.

Only option is to prolong this saga and appoint Deloitte or PWC to do the FFU...

Probably wait another 5 years.. hahhaha

Post removed.Why?

Sigh..

Still arguing like SD...

Luckily High Court judges, Appeal Court judges, SC, Bursa, EY doesnt think like you.

Hi Bob.. Chuck here.. how is Switzerland? You going back to New York soon?

That racist joker really doesnt know much. Probed with questions, he will start spinning. Then start all these racial jibes.

we have ex-ceo , o&g expert la.. now we have audit expert like him.

A so called expert that doesnt know FFU doesnt need signature to be legally binding. A so called expert that doesnt know why EY and KPMG figures is different when in essence they are talking about the same thing.

In fact, EY found more skeletons in the closet.. hahaha

Money going where??

Look at the fake billings, fake inventories... that should give you a good idea.

Chef Karim dont care about losses in Malaysia...

The Court of law already stated :
"Wan Muhammad Amin concluded in his written judgment last Monday that the information sought to be announced in the FFU is “material and does not depend on whether it is true, false or conclusive”.

Karim just doesnt want the FFU to be announced in public.

Still we have wannabes like Steven_c that thinks he are smarter than a "non-pendatang" that confirmed that FFU doesnt need signature and it was never ever an issue.

Contract says need signature?

For real?

You sure you even know what you talking about? LOL

steven_c

@huang kau ni mmg operator lol. Tadi saya pun rasa kau mmg tau sebenda 2. Tapi atas apa yg ko kata tadi mmg I dah tau ko tak tau apa apa pun. FFU tu PERLUKAN pengesahan berdasarkan Kontrak yg dituliskan EYC sendiri. Kalo FFU tak perlukan pengesahan siapa yg bertanggungjawab menjawab keraguan yg ada? Tapi masalahnya Kontrak sendiri yg tertulis tak boleh dikongsikan dgn pihak luar. Ko ni bacalah betol2. Kalo kamu bodoh, sekurang kurangnya jgn la tunjuk bodoh. FFU hanya tak perlu pengesahan jika KONTRAK kata tak perlu. Sekarang KONTRAK bulat2 kata PERLU. Pergilah baca kontrak dari EYC tu.

Tu lah, @Huang ko ni jenis pendatang kalo ko pandai takpe, tapi ko ni jenis pendatang yang tau menyalak saje dan asyik tak nak baca betol2 mmg memeningkan negara.

Post removed.Why?

LOL

Losers will always resort to race and religion... really outdated.

Never accept lost due to incompetence and intelligence.

Till now, never seen your proof of contract between EYC and SD..

Only seen claims like:
1) FFU need signature
2) so called "Fasih" in Audit
3) Know the contents of Contract between SD and EYC.

Expert in Audit will say FFU needs signature? Graduate dari Uni kampung mana?






steven_c

@huang Haha rasanya ko amat kurang waras fikirannya. Takpe la, saya pon tak nak jatuhkan maruah saya sendiri ke tahap ko tu. Mana saya kerja tak kena mengena dgn ko, tak perlu ko percaya pun.

Kalo ko tak fasih BM rasanya ko boleh la ke JPN dan pulangkan IC ko. Carilah negara lain utk bermastautin dan sudi menerima ko.

Anyway back to SD, to each his own. You made a stand on your point and I have provided my own point of view against your point and thus we ended agree to disagree.

There is a fine line between idiocy and mental inadequacy.

How can someone equate a 26 page love letter to a FFU report?

Anytime shit from SD is treated like Ramly burger for the dumbies.

The 26 report is nothing but a report.. a complaint letter , a love letter, a madman letter.
It is not FFU so don’t hope for trading of SD stock.

Just wait for delisting. You really deserve this.

Haha..

If this is FFU report to relist SD

Then the earth must be flat

The level of intelligence is amazing from some forum members.

Post removed.Why?

@ Depeche

Wanna talk about upbringing?

Why not tell us how your upbringing was ? Till you can say FFU needs signature and SD can ask any Tom Dick and Harry to do it?

To me it sounded you were dropped on your head when young.

FFU doesnt need signature.

FFU is not audit report.

FFU is a legally binding document between SD and EY.

@Danny

You should be very happy seeing all these comments from the pro SD camps.

It shows you have a good future trading in Malaysian stocks.

Smarties always beat the dumbies.

Steven-c

Since when the actual contract between EYC and SD is made public?

You have access? Since you talk like u know.

A Malaysian must be fasih in BM? Lol..: what for??

Do you know what is the difference between SIR and IR?

Read up..

SIR is under purview of Bursa. IR is not. There is no issue of reports being seen by Bursa as 3rd party

Dont play smart if you dont know technicalities

Actually.. your argument and chain of thoughts is flawed.

Read up court decision on SD to release the FFU..

If you cannot read English, please ask someone fasih in English to translate.

Try to be objective.

How to finish the report when SD sues EY? When FFU is presented to Bursa and SD BOD, the progress is stopped.

Now claiming to be objective.

Dont know details, pls keep quiet

Fasih pulak? haha.. Fasih in audit, will not say FFU needs signature.

Still claiming fasih in accounting and auditing..

Hahahaha..

No need to read perkembangan SD..

Go back read your books and read SD accounts.

If you tell me FFU needs to be signed, pls dont tell me you are fasih.

Fasih?? Hahahahaa

If fasih, means you can read financial accounts..

Means you will have sold off all SD stocks in May 2021

Means you will not be stuck in this stock

Means you can understand difference between audit and FFU

Means you can see until today.... KPMG red flag is still flashing red

Fasih?? hahahhaha

LOL @ Depeche

I find joy deflating "dumbass" like you.

Did I say Im bitter that SD got only a compound? If you chain of thoughts work in this manner.... wanna assume, but predicted wrongly.

Steven_c

Kalo ade kawan auditor.. pls ask them.

Im too lazy keep repeating the same thing to you. Feels like Im talking to a tree

LOL@ Depeche

Dumbest comment I hear today.. worst than the parrots.

All SD fed parrots
Parrots with zero understanding of what is happening.

Auditors, Regulators, courts of law says I’m right and SD is wrong

LOL

Another mentally challenged unable to accept audit procedure.


steven_c
Kalo FFU tiada pengesahan siapa yg bertanggungjawab utk memberi penjelasan? Fikirkan la betul betul. Dalam kontrak, EYC bertanggungjawab menghasilkan Final Report, bukannya FFU. Tambahan pula, EYC sendiri yg kata FFU tidak boleh dikongikan dgn pihak luar. Hanya utk tujuan kajian dalaman. Bacalah betul2 dulu.

Don’t be a parrot if you don’t know the process.

FFU is not audit report. There is NO need for auditor sign off

Also every Tom Dick and Harry knows EY prepared the FFU, still need signature to prove EY did the report?

Wait till 2023, no reply from the regulators.

Just impair this investment 100%. If open for trade, then its a bonus.

You will sleep better and live longer.

This is FFU??

Really???

Amazing