Why so many comments here when SD is suspended and SIR result not out??

So many counters in bursa to invest in.. bad time management.. lol

Make money elsewhere first.

Basic investing..

NTA wont help you if company go bust, you think you will be able to get a piece of concrete piling or a barrel of oil from SD? hahaha

Once impairment hits, inventory reversed out, collectibles reduced.. NTA will drop really fast.

As most of the forum members has seen, the fake CEO loudly proclaimed on Sept 8th and 9th that SIR report is completed and handed to Bursa. Bursa didnt want to release it to absolve SD..

Again fact checked to be false with latest Bursa announcement. SIR only completed end Sept..

Your work is pathetic and should not even be paid to promote SD. KPI all failed. Spinning stories with no facts.

Better you change again your id and start again.. lol

Lol... fake CEO throwing fake insinuations again.. everyday something new. His arsenal never depletes.

If you sneeze, do you get thrown into Covid quarantine center? No. cos First they need to see your Covid Swab result..

Sheesh.. school boy mistakes again.

Every step of the way, SD is testing "He-Man" tolerance level.

1) Bursa has to forcefully appoint EY as SIR..

2) Bursa has to force SD in releasing SIR report..

If "clean", need to be forced?? If you cannot answer this, ask an 8 year old... hahaha

Only the 90% dummies believe in the Chef...

Monday or Tuesday no difference.

SIR will confirm KPMG findings. Big Impairment coming up. Definitely Audited accounts will be delayed.

Shit will hit the fan.

I will be on the sideline munching my popcorn and watching the carnage.

See which sharks will swim faster next week. Brilliant move by Bursa to suspend SD.. now big sharks, small sharks, wannabe sharks are stuck.. lol

Kesiannya....

Have to post these messages now.. it should have been applicable in July, and not now.

Better write down and paste on your room wall.. maybe you can convince yourself it will come true.

1)Having SIR findings and not disclosing to public

2) selling and buying sd shares and warrants

Pretty much sums up insider trading

Huatexpert Serbak management should be scratching their head how to raise billion to pay debt and millions to support every quarter 400 mil cash burning business....
Nobody want to buy their new bond issue...
How much right issue shares should raise and what is the price of right issue shares...
Does CEO still got money to subscribe right issue shares...
Plenty of questions discussed....
How to business as usual for Serbak, financially very tight now... 400 mils + cash can only last for 1 quarter....
Can it be the next Sapura Energy with massive right issue shares.
Looking forward for next episode of the drama .... This is second time Bursa ordered Serbak complete the task requested within a time frame....
Title of the next drama episode : SIR and survivor of Serbak...
23/10/2021 12:42 PM

No need to scratch.. use chainsaw also useless.

This company is much in debt, it is practically insolvent.

Lets bring clarity to this matter.

On Oct 21st, final findings of SIR is presented to Bursa and SD. Findings as at 30th Sept.

Bursa been waiting for SD to disclose the findings publicly. ( this is contrary to the fake billion dollar CEO here who has been saying SD is forcing Bursa to suspend share trading and disclosing the findings). Fact checked and fake again.

SD is the party that is sitting on the SIR findings and refusing to disclose it. Is the SIR good or bad to SD? Make your own conclusion.

Now Bursa is forcing SD to disclose the findings by 26th Oct ( Tuesday)

As I have repeatedly stated

1) EY will confirm KPMG findings
2) Hope you are not in the room when shit hits the fan.

We will see which shark will sell faster come Tuesday..... brilliant move by Bursa to suspend SD.

I will be bringing my lounge chair and popcorn this Tuesday.

Lol… the fake billion dollar company CEO never stops spewing nonsense.

All his timeline on SIR findings happened in his dream. What authority and experience does he have? He has been weighted and found lacking.

Few more days and we will have firm conclusion of SIR and what a “true” joker he is.

Results and Time will prove everything. He has been proven wrong thus far.

By the way, use back your old ID in July.. don’t hide behind new ones

Actually all the promoters here are investing using Monopoly money..

So dont pay too much attention to how many shares they buy.. they have endless supply.

The role of "He-Man" is very specific

He is the protector of the Stockniverse. The mandate and laws are setup to protect investors.

For them to suspend trading of SD only means 1 thing, it was done to protect the investors.

Look at SD shareholding structure.

More than 38% are held by the management of SD, 50% free float. No much institutional investors left. So SD are mainly held by retailers.

Suspension by Bursa means only 1 thing... 100% bad news.

I am changing my mantra as the end game is near.

1) EY will confirm KPMG findings

2) Hope you are not in the room now as the shit is hitting the fan.

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)

I feel so relieved after 3 months, SD price is still stuck in the gutter..

I am proven correct since 70c.

Now lets wait for the grand finale... when EY confirm KPMG findings.

Either way after SIR, I can start buying SD.

1) SIR favors SD.. I win

2) SIR favors KPMG.. I still win.

Unlike those dumb promoters selling since 70c. Please use back all your old accounts to post.. no point keep changing new id.. cos old id failed miserably

To that dummy that talks nonsense without facts. In fact, he has been checked mate so many times. One of his main argument is EPF still holds SD stocks....again his nonsense fact checked below

Now more and more financial portal are updating the institutional shareholdings of SD.. i cant seem to find EPF anymore.. in fact, more and more big boys are missing..

https://www.wsj.com/market-data/quotes/MY/5279/company-people

https://markets.ft.com/data/equities/tearsheet/profile?s=SERBADK:KLS

https://www.msn.com/en-my/money/stockdetails/ownership/kls-serbadk/fi-alai5r?ownershipType=institutional

God is really fair.. Allah is great too.

God is fair

Instead of creating 100 dumb people, he make 10 smarties and 90 dummies

Only dummies say Market speculation that SIR is good to SD.. when price is still stuck at this level. It would have flown to 60c since last week.

All the shenanigans that happened in SD is created by the management. They started by refusing to work with KPMG. That’s the fact!

Talk so much is useless especially from the paid promoters. Sharks also dont dare to push far beyond 40c..

This stock will trade sideways waiting for SIR report.

If you are smart think this point::

If SIR is pro SD, why it is taking so long to announce??


My mantra never changed

1) EY will confirm KPMG findings
2) Dont be in the same room when shit hits the fan.

LOL.. To all those

1) Crazy people
2) Fake reborn fund manager
3) Fake billion ringgit CEO

Have you noticed? SD price is 30c level.... havent recovered yet. Patient still in ICU.

Wait till it reaches back 70c before you gloat.. True masters will only recommend buy at 30c, not like you guys promoting since 70c.

Bunch of losers grasping at straws to throw as weapon...

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.

Wait for SIR, wait for the show, it’s coming soon.

Crazy Lim 100% hit rate again

When he appears morning, closing confirm red..

Lol.. benar2 suay

Haha.. that pretty sums up SD story so far.

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.
05/10/2021 1:07 PM

But if u insist… EPF still holds less than 5% in SD.

Cos 1 share also qualify right??

I’m stating the facts. MSN and FT had the fastest updated info among all the free portals.

Both EPF and PNB left SD.

They updated their data recently. More and more financial portals will do the same. It’s commonly known that updating of major shareholders takes time.

Depeche Please state facts only...EPF STILL holding under 5%
04/10/2021 10:04 PM

Both also reported actual free float 48.3% or 1.82b shares.

That’s a lot of shares for retailers. Hard to move up the price of SD. Need the institutions to return.

Read this 2 link by msn and financial times

https://www.msn.com/en-my/money/stockdetails/ownership/kls-serbadk/fi-alai5r?ownershipType=institutional

https://markets.ft.com/data/equities/tearsheet/profile?s=SERBADK:KLS

EPF and PNB has left the building. Fastest sprint recorded.. hahaha

@i3lurker

Even KPMG resigned, they are still liable for accounting done past years.

If EY confirms KPMG findings, they may see much fireworks later.

No one is scared

This is a public forum. Anyone has access.

Wanna threaten sue in public forum is lowball.

@coolinvestor

I’ve been waiting for Suepipi to sue me..

Won’t mind at all..

Pls come sue me if you want.

LOL..

EY gets sued by KPMG if findings against KPMG
or
EY also gets sued by SD if findings against SD

Like that why EY take up this job?

Epic !!! Classic !!!


Trader258 Limit up or limit down... we will all gradually know shortly. And it's likely, EY will get sued by KPMG if they reported that KPMG was negligent and had erred in their audit on SD's financial status.
02/10/2021 4:14 PM

This lawsuit by SD is a smokescreen and will not proceed to full trial.

I’m also here enjoying my popcorn waiting for grand finale.

SD don’t agree with KPMG findings
KPMG requested SD to appoint EY as reviewer
SD don’t agree with KPMG request
KPMG goes to SC/Bursa with findings
SD don’t agree with KPMG going to Bursa
SD then forced to appoint EY as SIR.

If SD is clean, appoint EY upon KPMG request. Then end of story. No need to take long cut and make things worse.

SD in making wrong steps in the beginning are eating the bad fruit they planted

PSAi3alert The total amount of write-offs and impairments will exceed 10 digits.

Reinstatement has to be done not only for un-audited quarters, but audited ones as well.


I hope it doesnt come to that... SD will be pretty much insolvent and cannot operate as a going concern.

Yes.. shit will hit the fan soon.

I still expect the big bond Kahuna hitting SD early next year.

Yes.. if really BAU as said by Chef Karim, we will not see a massive adjustment on the margins of SD in a period of a MERE 3 months.

Working backwards using this profit margins over the last 6Q, the most optimistic calculation is a total impairment of 500M. Could be as high as 800M.

When audited accounts is released, will have a clearer picture.

Cash flow on the other hand, its a real problem. The company is running on fumes now or admitted in ICU now.

By early next year, we will see China version of Evergrande here.

Figures never lie, people do.

Since June, my posting is directed at the red lights found in SD books. It looked like a cut and paste Frankenstein job.

And it confirmed my findings when latest QR is released. SD is forced to reconcile their books.

Forced?? Yes, SD has no choice knowing this QR will drop their already depressed stock price: This is the clearest sign EY findings will confirm KPMG.

Now it’s margin adjustments
Later revenue and inventories adjustment
Later Net Book Value will drop
Impairment value minimum 500M

I was right since June, let’s see if I am right again in October.

Finally have fresh update on shareholdings on SD.. this is triggered after institutional and mutual fund sell their holdings.

Info posted by Fake Ceo is fact checked again and confirmed false.

Below link shows the latest data on SD

Institutional % - 15.03%
Mutual Fund % - 8.11%
Float % - 48.73%

Also confirmed EPF and PNB has left the building.

https://www.msn.com/en-my/money/stockdetails/ownership/kls-serbadk/fi-alai5r?ownershipType=institutional

to be read in tandem with

https://markets.ft.com/data/equities/tearsheet/profile?s=SERBADK:KLS


As to the new mutual funds to SD, they have been invested long time. Not new entrant. Another big lie fact checked.

Below are their miniscule shareholdings. I think people here may be holding more stocks than them.. haha


Principal DALI Asia Pacific Equity Growth Fund - 0.63%
iShares Core MSCI Emerging Markets ETF - 0.53%
Vanguard Total International Stock Index Fund;ETF - 0.45%
Principal DALI Equity Fund - 0.43%
Principal DALI Opportunities Fund - 0.27%
WisdomTree Emerging Markets SmallCap Dividend Fund - 0.19%
Public Focus Select Fund - 0.16%
Vanguard FTSE All-World Ex-US Small-Cap Index Fund - 0.10%
iShares Core MSCI EM IMI UCITS ETF - 0.10%
Statens Pensjonsfond Utland - 0.07%

Personally I hate cheaters the most. They are out to drain your hard earned money.

Cheaters can be :
1) companies that cook books
2) promoters that wants you to buy high
3) promoters that have rudimentary knowledge yet masquerading as experts

My mantra continues:

1) EY will confirm KPMG findings
2) Don’t be in same room when shit hits the fan

There is no low in SD now, even 30c is a high with the new QR.

@alenac

All the huffing and puffing are actually done intentionally. It’s part of a grand plan.

As disclosed by Pearlwhite, Karim is intentionally pushing down SD price to consolidate his power base.

I will wait till Karim starts buying to invest myself.

Poor existing shareholders taken for a ride.

Hope it’s not true for his sake.

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD
Oct 1, 2021 10:04 AM | Report Abuse

.
The whole exercise is to push the price down. Wanna force retailers to sell.

Its good that so many warnings highlighted by many forummers here, it makes it easier for them to sell immediately. The should add more negativity and double their efforts 24/7.

This has been to consolidate the power base for CEO Karim by taking the shares off them.

tradersampah most company merah terus...serbadk just down 0.005 or 1sen only....HUAT!
01/10/2021 9:57 AM

Fund manager buy from 40c??

Keep topping up

This is called smart??

Figures never lie

Crazy Lim appear, counter turns red

100% success rate

Haha..

Fake fund manager promoting SD..

Doesn’t even know SD historical price..

Fund manager ? Really ??

Crazy Lim ask buy since 50c..

LOL… follow him to Holland

Every regular here knows he is intellectually challenged.

No one really pays attention to what he says.

When u see a madman talking to himself, better move away

OpporturnityHunter @Huangbk72, what this uncle is taking about, why i dont understand what he said. I think he really got experiences till i don;t even know what he said
01/10/2021 10:23 AM

Sooner or later, the spinner Pearlwhite will get himself in trouble.

Insinuating he represents Karim supporters and saying share price is depressed on purpose by Karim.

I hope Karim reads this, if not someone of authority does

Today confirm red..

Crazy Lim appeared.

Wow..it seems funny

pearlwhite writing in to show someone else comments to SEC.

I wonder who will send screenshot of his fake postings to SEC? Plenty available.. haha

You will know if counter will turn red today...

Wait for Crazy Lim to appear..

100% hit rate so far

https://markets.ft.com/data/equities/tearsheet/profile?s=SERBADK:KLS

Available source