Your buy call in SD since July 19 when SD closed 43.5

Till today all your buy call is 100% fail...

So can a kettle call a pot black?

Epic.. lol

Fund manager?? really??



Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD

Jul 19, 2021 3:31 PM | Report Abuse

sold my positions in CTOS and enter here......



InterFund When rr88 gives his opinion always do the opposite.............. in CTOS he cut loss at RM1.5 and price shoot to RM1.88..................... EMICO today he got dumped until 54cent....................
20/09/2021 5:35 PM

solomolo maybe Karim is a smart ass...when he drop the price...and hope anybody no need to cash their money and just wait until SIR out...if he up the price...more cash player follow the market trading when market september only drop..just sell cause already got profit......just my opinion lorh...haha
20/09/2021 12:39 PM

The fastest way to restore confidence and stem stock price losses is to show financial might.

1) Share buyback
2) Redeem bonds at sharp discounted par value
3) Take company private

All with very cheap price to SD.

Any other ideas not workable and doesnt make sense.

Once 32 is breached, no more safety net.

Warning has been given for months, yet stubborn people dont want to cut loss. I see tomtom cutting loss at 41c.. respect! cos its not easy.

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

too many..

If he talks less, will work.

In fact, he is beginning to write like someone that doesnt dare to show himself here anymore. People writing style hardly changes..


i3lurker many giveaways

fund managers never use the term bankers as it does not exist.

the term bankers are only used in the imagination of very small retailers who buy odd lots
18/09/2021 6:52 PM

First time I see a self professed fund manager write and talks like this..

And ends with a hahahaha

So professional….

Better to admit you are a retail player than playing the role that you fail

Lol

Institutional investors exit = I’m good

Co Founder force selling = small matter

First time hearing this delusional statement.

Lucky for savvy investor that we have this pool of people to make money from….

Dont start scolding others when you are displaying pure incompetence.

Most of the funds are gone from SD... Comprende??

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




pearlwhite .

Mmg betul. Dulu 80sen - 93sen, EPF, KWSP, KWAP, PNB, LTH, SFS yg 5 otak kelapa nie tak jual langsung.

Nak tunggu 0 sen ke nie?

sharewiz118 RM0.41 cent buy and keep, RM0.38 cent buy and keep, RM0.36 cent buy and keep, RM0.34 cent buy and keep. Buy kepala otak engkau, ini bukan investment, ini buang duit dalam longkang
15/09/2021 6:13 PM
.
15/09/2021 6:19 PM

Its your incompetence in providing outdated data here and blaming it on Bursa affiliate?

Check before you post.. being an investor, you should have access to the latest updated information.

For the past week when price dropped below your masters threshold, you have been actively promoting nonsense. All false checked so far.


pearlwhite .
Sniggering at someone's incompetence.

Please write a formal complaint to Bursa Malaysia and state that its affiliate/partner is providing misleading information.

.
15/09/2021 6:30 PM

Take a look at this. Institutional stakeholders as at 9th Sept 2021.

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

EPF, PNB, SBB Dana Ehsan and Sarawak State - total top 4 institutional investors has washed their hands clean. 0 holdings.


Its too easy to debunk your myth about calling Bursa etc etc to find latest shareholdings.


pearlwhite .
I called Bursa Malaysia and asked them how to get the correct and latest top shareholding of any company.

They told me to refer to the affiliate or partner, www.bursamarketplace.com

Btw, the filing dates are wrong and they admitted is a system issue.


TOP 10 Investors (As of Latest Filing)

INVESTOR NAME % Shares

Mohd Abdul Karim bin Abdullah 20.90% 778.88m
Abdul Kadier bin Sahib 16.18% 602.9m
Employees Provident Fund Board 4.97% 185.08m
Kumpulan Wang Persaraan (Diperbadankan) 4.53% 168.85m
Permodalan Nasional Berhad (PNB) 4.34% 161.75m
State Financial Secretary, Sarawak 3.38% 126m
SBB Dana Al-lhsan 1.45% 54.22m
Lembaga Tabung Haji 1.39% 51.95m
Public Islamic Select Enterprises Fund 1.29% 48.11m
Public Mutual Berhad 0.98% 36.45m

https://www.bursamarketplace.com/mkt/themarket/stock/SERB/ownership

Funny, SD has so much issues and the state funds (EPF, KWSP, KWAP, PNB, LTH, SFS) hold circa 18%.

.
15/09/2021 5:59 PM

bojed Huangbk72: I don't know what kind of a fund manager who has so much time in his hands that he can leisure around in i3, especially in SD LOL!
15/09/2021 3:04 PM

Agree.. which fund manager will look at SD now?

LOL... must be 1st time i hear can make money from "margin call" similar to Awang case.

How you make money ? Pls teach

lassy LUCKILY follow AWANG strategy SOLD at 38sen.and bought back some just at 34sen and queing the balance at 33sen. At least make some money during the DOWNFALL
15/09/2021 3:03 PM

Definitely not a bona fide "fund manager". The way he trades are way too scary. haha



bojed What kind of a statement is this coming from a "fund manager"?

Karim can sell all of his shares at 10 sen and still sleep on at least 50 million ringgits. You couldn't even say the same thing for yourself.

-----------------------------------------------------------------------------

InterFund When you want to cut loss your cash holding............... remember that Karim bought cash at 46cent 10 million shares..................................
15/09/2021 2:40 PM
15/09/2021 2:53 PM

I wonder who said Pearlwhite has good english??

He writes like a student.. hahaha

Sure have hope.. fake fund manager still holding millions shares at 39/40..

Think he still holding

i think you need to get more information on Margin Financing for Stocks. There are margins, cost and terms and conditions attached.

No one will be able to laugh all the way to the bank if under forced selling condition.


lassy Please do not PITY AWANG forced selling and in fact he is laughing ALL THE WAY to the bank. Selling at 40sen and buying back. at 35sen today and maybe at 34sen later in the afternoon session. WHO KNOW ?
15/09/2021 9:36 AM

When break below 40c.. many many times, force selling will take effect.

To refresh everyone memory here..

Heavy accumulation by sharks between 32-34. Check back trade volume history and u will see.

Force selling is small issue now unless chef Karim stocks being sold.
For now shark dumping is the main concern.

The end game is near now.

Either way, good luck

My mantra:

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

Your entry price is 39/40c.. still in?

InterFund Lari kuat-kuat................ received news from fellow fund managers there will be 5 more 50million blocks to be dumped.......................
14/09/2021 2:10 PM

If the posts are not deleted.. starting 8th Sept by Pearlwhite.


wolfbroker Who claimed?

Is it really that EY has cleared it?

Posted by Huangbk72 > Sep 13, 2021 4:13 PM | Report Abuse

Section 188 of CMSA - Insider Trading

Insider trading or dealing is the purchase or sale of a company's securities effected by or on behalf of a person with knowledge of relevant but non-public material information regarding the company that may affect the price of the company's securities (price sensitive information) if made public.

This is related to claims that :

1) Bursa has SIR results and not releasing it for public for the past 3 weeks.
2) EY has cleared SD of audit issues and "someone" here claimed to have the report.
13/09/2021 4:15 PM

Section 188 of CMSA - Insider Trading

Insider trading or dealing is the purchase or sale of a company's securities effected by or on behalf of a person with knowledge of relevant but non-public material information regarding the company that may affect the price of the company's securities (price sensitive information) if made public.

This is related to claims that :

1) Bursa has SIR results and not releasing it for public for the past 3 weeks.
2) EY has cleared SD of audit issues and "someone" here claimed to have the report.

@Interfund

danger for you also..

You bet if 0.30.. u cut kuku

Hope you get to keep it safe.. haha
13/09/2021 3:35 PM

haha.. just watched this video again.. press conference on June 22.

https://fb.watch/6iKrP18XSZ/

Macam-macam threats by SD..

New chairman insisted its trivial issue raised by KPMG... trivial issues need 3 months to solve??

@ Depeche Been saying the same thing since July and it turned out I am right so far.. no money to be made here until SIR report is out. Either way, im on the sideline since 70/80c. Those bought in then, lost 50% or more invested money. All thanks to promoters here.

IF SIR is good to SD, i will buy in. That intention is stated here way before today.

If SIR is bad to SD... god help those stuck here..

So.. my mantra :

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


Depeche @Huangbk72. Kinky dream, wild dream or wet dream. Supporters have bought in and naysayers have one eye wide opened... once SIR is out and if no issues, they will help to pump up the price... just make sure u be honest when u make big $$ here.
13/09/2021 9:37 AM

InterFund Possible to go down 30cent if SIR report out and SERBADK at fault........ but that would happened last week since insider already have the news......... but that didn't happened........ that means SIR favours SERBADK........
12/09/2021 6:42 PM

Went down lowest 305 without SIR result.

Lowest 305. Dream is not wild, maybe kinky.. haha

Depeche Lowest it went was 0.32... which already absorbed all bad news, forced selling... so logically it won't go down to 0.30... so can only happen in your wildest dream... keep waiting lo.
12/09/2021 5:47 PM

pearlwhite Huangbk72,

It stops here. Move on with your life and take a break to cool down your emotions.
.
10/09/2021 2:40 PM

I stop replying to your post if its true.

Other than that, it goes on.

You really have to look into a mirror.

All you have posted for the past few days is full of conjunctures, fake news, nonsense.. If it makes sense, i would not have replied to your post.

When asked in detail, you simply brush away and hide. Behaving like an eel, does it show your capability.

Look at my posting since July.. i have remained steadfast in my findings. Never waver never change.. Its not called panicky, its called resolve.

You have been measured and found lack of weight, so your advice, pls keep to yourself.
10/09/2021 2:38 PM

pearlwhite .
As for Huangbk72, this is what I would say to you as a person.

If you are the management of a company and there is a crisis, you will sink the company. You are a panicky individual.

You have shown nothing but negativity (yes I understand your situation) and didn't take the rational approach to engage in ways either to identify the causes and attempt to explain how it happened. In fact, you did not do any investigative work at all. Its all jump in the bandwagon and protest.

You make assumptions based on emotions of the consequence that befell on you, as a person. Not as an investor.

In real life, you are not a leader nor able to withstand the vigours of running mega corporations, projects, etc etc.

Take this as a piece of advice.

And if you think that some disagreements here and there means lacks weightt and bites the dust, then you haven't been there yet.

Thanks.
10/09/2021 2:31 PM

pearlwhite .
"This is as far as it goes" per previous reply.

TQ
10/09/2021 2:07 PM

When you write and promote in public forum, be prepared to be measured.

Seems you lack weight....

Another one bites the dust.

Being able to write in English doesnt make you an expert.

Basically u cornered him into a corner. I don’t think he truly comprehend what u wrote. So the classic “few liners” explanation

PSAi3alert pearlwhite,

So, it's now a 'few remittance advice' to cover receivables from projects that do not exist?

You do realize the implications of your allegations on disconnected money flow, don't you?!


pearlwhite .
I didn't suggest anything nor specify the project details.

All I wrote were "'few remittance advice", which you correctly quoted.

10/09/2021 1:13 PM
10/09/2021 1:23 PM

Due diligence on a red-flagged listed entity with no audited accounts over 1 year ??

The one saying this clearly have lack of experience.

Fund managers operate under clear guidelines.. what you are suggesting bends the goalpost too much.

No audited accounts for more than 1 year and talking about fund managers coming in to take SD private..




This is epic …

It’s nice to come in here and see the all the struggling SD holders promoting heavily with dumb statements. It does release stress.. lol

Worse is yet to come.. brace for EY confirming KPMG findings.

Can privatize if SD cash pile really is RM2.7b… lol

No point I repeat myself what is the job scope of SIR for SD. Its clearly defined in bursa/media announcement,

You are overlapping SIR work with Audit work. In EY case, all questions are laid out for them to confirm. They dont have to go beyond that. Comprende??

Why do I have to hint why EY will confirm KPMG findings. No need to hint, i know and its my personal opinion.

You are different., you claimed to have access to SIR report. That is a dangerous remark made maliciously.


pearlwhite .
As for Huangbk72, I symphatise with your situation with SD. However, to continuously say that

"EY will confirm KPMG's findings"

means that you want them to confirm issues as at 31/3/2021. It seems that you are stuck at that time.

In accounting, there is this thing called "post balance sheet events" where the time of consideration can be many months longer than 3 months. In the case of this SIR, today is 10/9/2021 and the report is not out. If you assume 31/3/2021 till now, it is more than 6 months.

A lot of things can happen in 6 months and not to forget, KPMG stopped work on 4/5/2021, 2 weeks after the draft accounts were given to them.

Eg.

"What will happen when customers/vendors give their confirmation of balances" in June 2021?

SIR Auditors know what to look for and what to ask for to satisfy the claims.

Hint : SIR has been going on for 2 months now, and it would be a completed very quickly if it were to merely focus on 31/3/2021. Clearly it is not, because they are focusing on post balance sheet events, hence the time taken.

So far, I have not seen you make any hint/suggestions as to how EY will prove KPMG right or wrong otherwise. That is very telling.

If you were the Mgt Team of SD, would you be sitting there all day focusing on 31/3/2021 or look forward for BAU?

That is my question to you.
.
10/09/2021 9:37 AM

In a nutshell, Pearlwhite claims SIR is done and he has information on this.

Also claimed SIR final report is with Bursa and claiming Bursa is trying to get KPMG off the hook by delaying the release date

This 2 above is enough to show releasing into public domain materials which is highly private and confidential.

Below are mostly imaginative work.

Claimed he worked with SIR previously with SC/Bursa and even Bukit Aman. Surprisingly doesn’t know the actual work ot reviewer.

Promoters getting really DESPERATE...

Now throwing all sorts of non-sensical conspiracy theories.... pathetic!

Everything is based on SIR report and later audited accounts.. till then, price will go downhill.

My mantra :

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

Wait on sideline and enjoy the show.

haha.. wasted my popcorn and still no show.

Funny all promoter comes out strongly after breaking below 40c..... the theory is right then, more margin call coming soon.

Pearlwhite already disclosed SIR findings.. all positive to SD.. today limit up surely.

Getting my popcorn and beach chair ready now

i3lurker Does that mean SIR and QR info had been leaked out?
09/09/2021 8:34 AM
09/09/2021 8:41 AM

Typo error above.. its EA and not IA

your statement is wrong, wrong and wrong. To say you worked with Bursa/SC/Bukit Aman.. geesh. I cringe when I see your comments below.

SIR has a pre-determined job scope all preset/pre-determined. Thats the role of independent reviewer. Its not audit work.

Anything out of SIR is IA work.. comprende?

pearlwhite .
Thats why I say the SIR is not a report of the KPMG issue @ 31/3/2021.

It cannot be a report that confirm the issues upto 31/3/2021. It has to be more than that.

It will be up to the date of approval from SC/Bursa, be it 9/9/2021 or thereafter. Its fluid.

Bear in mind, KPMG stop work on 4th May 2021? Many things can happen from then.

If KPMG is found not having done sufficient audit evidence (yeap, they stop work on 4/5/2021 ya), KPMG will be banned from conducting audits for all Public Interest Entities (PIEs). That is the SC Listing rule.

KPMG is gone from M'sia.
.
08/09/2021 4:44 PM

risekita8 If really umno can help SD, hopefully really big rise up

Posted by matthewming > Sep 8, 2021 10:37 AM | Report Abuse

UMNO is back don't worry.
08/09/2021 4:38 PM


Dont need UMNO... pearlwhite is the savior for you guys.. already he confirmed EY findings that proves SD is innocent.

So pretty much can 'showhand' this stock and make 3-4x profit

Nice sleuth work.. All SD problem goes away.

Then no problem issuing the SIR report then.

Eagerly awaiting to see if your stories pan out..

pearlwhite .
Here is 3 facts that EY have to deal with (and eventually Bursa/SC)

Fact 1 (and applies to all disputed customers actually)

KPMG said this customer owe alot of money, maybe hundreds of millions. The revenue in since 2019 amounting to billions of ringgit. Seems like never get paid.

Then miraculously, post 31/3/2021, this "disputed" customer not only paid in full (or nearly full and within credit terms) the amount owing, but also confirm the balances outstanding at 31/3/2021.

Furthermore, these customers were able to suddenly provide "work site / project site" details that were previously shown in google maps as barren and/or empty land.

Bank transfers for these payments verified against the receiving bank as from the "disputed" sender.

Fact 2 (vendors)

KPMG said these vendors provide services cannot be located and pricing is dubious. But eventually, during SIR, they are shown the equipment and managed to contact the vendors. Vendors also confirm the outstanding balances at 31/3/2021. And SD procurement dept. were able to show quotations from other vendors of the same items before approving to appoint so-called "disputed" vendors.

Bank transfers for these payments verified against the vendor bank as to the "disputed" vendor. Even this documentation is tallied with BNM forex transfer disclousure.


Fact 3 (assets)

Suddenly, assets can be verified physically and then even confirmed by the "companies" that warehoused them previously with documentation.

.
08/09/2021 4:20 PM


.
08/09/2021 4:20 PM
pearlwhite .
Of course with in this senario, KPMG is screwed because they didn't obtain sufficient audit evidence.
.
08/09/2021 4:22 PM

you will be the 1st in line if graded for baseless, illogical and non-facts. LOL

Be careful ya..

A sword cuts both ways

pearlwhite .

LOL. Many here are being monitored. But only monitor those who spew baseless, unlogical and non-facts.

"NICE try but learn how to piss straight lah as hunters normally tend to break into cold sweat when their easy meat prey turns the table around, and come looking for them instead.".

It will be over soon, and times up.

Time to up the antics with everything you got. LOL

08/09/2021 11:55 AM

pearlwhite Huangbk72,

EY reports to Bursa/SC not SD. So disclosure or non disclosure in on their court, not SD.

There will be no disclosure on this by SD on the SIR (unless requested by Bursa to do so - see the latest disclosure on status of SIR which was weirdly worded to point that Bursa requested the disclosure).

However, what SD can disclose is, without EY/SC/Bursa approval, the issues pertaining to "revenue, trade debtors, fixed assets, vendors, payables" even on a piecemeal basis.

So far, there is none.



I did not mention SD will be the one doing the disclosure. I specifically mentioned SD case.

There will NOT be piecemeal disclosures.

The whole scope of work by EY are inter-related.

So we just wait for EY findings to see if SD is innocent or guilty.

No disclosure is bad or good news depending on situation.

For SD case, no disclosure till now is bad news.

EY task is to verify KPMG findings. No lengthy audit work required. Should be a clear Yes or No case scenario.

The time taken is too long, meaning EY cannot verify, keyword is "VERIFY"

If SD is clean and no issues, the SIR will be done within weeks, and not months.

Its nonsense to tie SD fortunes to political party like UMNO.

Even UMNO indirectly owned public stocks are not doing well despite having the PM position.

I remember few months back, someone loudly proclaimed his theory of "CABLE". SD price still around 50/60c.

Now.. he is sitting on losses around 20% believing in cable.

Be a savvy investor.. look at the whole picture. Smart investors only look at figures, ignore the rumors.

Promoters are getting desperate.. everyone here can see. Unrealistic target price simply being bandied about.

SD is getting desperate.. all investors can see.. once drop to 40c, press release and video starts circulating.

Investors are smart.. Gratz to all

Lets wait till SIR report comes out.

My mantra:

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

Good luck to current SD holders.

LOL.... this 'hello' needs help.. and having mimpi tahap dewa.

The time taken for EY in this SIR proves that

1) The issues raised by KPMG is not trivial as claimed by gangster chairman
2) The simple act of confirming transactions, suppliers, stocks and customers is not rocket science.. either you can or cannot.

2 months is WAY too long to review an audit issue. EY doesnt even have to open SD books to audit, they only need to confirm the entries.

So good luck to those still holding SD stocks.

My mantra continues:

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




hello Pengumuman point no.1) "The Independent Non-Executive Directors of the Company have been provided with the progress
updates from Ernst & Young Consulting Sdn. Bhd. (formerly known as Ernst & Young Advisory Services
Sdn. Bhd.) on a bi-weekly basis. " - Ini bermakna EY sudah buat kerja special audit mulai 2/7, EY telahpun melaporkan kepada SERBADK dan BURSA keputusan yang didapati dari special audit setiap 2 minggu sekali iaitu pada 16/7, 30/7, 13/8, 27/8 dan akan datang pada 10/9, 24/9, 8/10...dan seterusnya jika audit masih berlanjutan. Point no.2) "The Company will make an immediate announcement for any material development on the Special
Independent Review Audit." - Ini bermakna, hanya "any material development" atau Ada apa-apa yang tak kena atau tak betul atau yang didapati salah akan SERBADK dan BURSA mengumumkan kepada pelabur-pelabur umum "immediately" kalau ada jumpa. Lain makna, Sudah sekian lama EY buat special audit, sudah 4 kali laporan update kepada SERBADK can BURSA, tak dapat pun apa-apa kesalahan sepertimana yang KPMG ungkapkan! SUMMARY : EY SPECIAL AUDIT "ALL CLEAR" ESOK LIMIT UP RM 0.695 pada pukul 9 pagi.

Pathetic promotion.

Bila dah lemas, jgn tarik lain mangsa join. Biar mampus sendiri.

Everything expected by investors are not done by SD management.

Late SIR
Late QR
Late Audited Accounts

Only promotional talk by Karim. None believed, share price stuck in a rut.

The way its going, SD is speeding downhill now. No way SIR takes more than 2 months and no conclusion yet.. SD Chairman himself stressed it was trivial matters highlighted by KPMG, trivial matters means easy to settle. Turns out its not so trivial after all.

My findings remains unchanged.

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

No SIR clearance.

EY will confirm KPMG findings

Don’t be in same room when shit hits the fan