@dimmubroker

Coz misleading people to average down, like how Karim is so positive on the outcome of the SIR and kept on saying 'done nothing wrong' and BAU, what happened is many retailers went and average down thinking it is some misunderstanding, when in fact Karim cooked the books.

FRAUD.
LIES
CHEAT
SCAM
FAKE
PRISON
EVIL

14 more days to go.... you think serba will submit the ar? nexis will sign off?

@GrtTrdr

Dont believe theedge then believe who? Karim? you?
Haha... you really lose money until gila already.
Probably go average down until lose everything.

I have crystal ball now. I predict:

1. Serba will not submit AR by the end of the year, Nexis will not sign
2. Nexis might quit as Auditor
3. Serba will go int PN17
4. Serba declare bankrupt.

Do you know why Karim is dragging all of these? He wants to drag as long as he can to bury all the evidence. he wants to drag until serba goes bankrupt so that he will blame others for causing this and not because he cook the books. all he is doing is buying time.

wake up my friend. wake up.

GrtTrdr, how much you invested in Serba? We want to know how much so that we can justify your madness.

@GrtTrdr

I dont have crystal ball, I read theedge. you read what? karim lies?

@GrtTrdr

Go read the article, TheEdge team went and read the EY SIR report filed by Bursa. That is the supporting document. Conclusion by EY is got fraud.

Why you kept on saying it is important to know EY or EY Consulting?

Karim couldn't care when he says some toilet washing companies does IT job for Serba and EPCC.

How much you invested? Just tell us so we know how dip are you in this shit. Thanks.

@GrtTrdr

EY and KPMG already open their eyes and tell the world Serba is wrong.

Your balls shrinked and will disappear when Serba fails to submit their AR by the end of dec. Nexis will not sign.

@GrtTrdr

Outsider dont know, but KPMG and EY knows. Who cares if it is EY and EY Consulting? Both are auditors and both KPMG and EY says got fraud, they are experts in this.

https://www.theedgemarkets.com/article/bursas-suit-sheds-more-light-serba-dinamiks-financials

Theedge went and read the EY report in court filed by Bursa. EY conclusion is Serba got fraud.

You just cannot accept the reality.

I can tell you something, reality and truth have no feelings and couldn't care about you. You can spin and lie and try to brainwash yourself but Serba is going to close shop soon, delist. PN17 and no AR.... closing shop.

You lose 100% of your money. How much you invested in?

I dont know why some still cannot accept the fact that Karim cooked the books.

I am very certain if today Serba can trade and for some miracle it goes up to RM2, many will sell. Those that still support serba only wants to sell and hope they can break even. they dont care if it is fraud, as long as they dont lose money.

Serba COOKED THE BOOKS.

FRAUD ACCOUNTING.

GO SHAH ALAM FIND KARIM.

#TangkapKarim

@Prudentinv

What are you smoking? KMPG is the one that told bursa to get an independent review, Serba refuses and so KPMG refuses to sign the annual report, then KPMG go report to SC and Bursa that Serba got financial discrepancy.

Bursa told Serba to go get an independent reviewer, Bursa never told Serba which company to pick, it is up to Serba. Now people like you spin as if Bursa forced Serba to pick EY. Bursa only force Serba to pick an auditor for SIR.

Serba PN17 already, wake up and smell the shit Karim shitted on all retail investor by saying BAU. Karim is the one that made you guys average down. Go shah alam and find him.

KARIM LIED
KARIM FAKED THE PROJECT
FAKE NUMBERS
FAKE ACCOUNTS
FAKE
FAKE
FAKE

lose money until gila already, most probably average down and then average down again... and again.

they already defaulted on their bond, means company bankrupt already, why are people still saying got hope or not?

DEFAULTED BOND = BANKRUPT

walao eh, you default on your car loan also the same.

Why people cannot understand?

What the F am I read this by PearlWhite?

https://klse.i3investor.com/blogs/Pearlwhite/2021-12-14-story-h1595598112Serba_Dinamik_s_financials_are_free_of_financial_transgressions_and_fra.jsp

Lost so much until go gila liao.

If no fraud, then pay the USD7m bond lah, got billions of revenue but USD7m cannot pay?

@Ryan83

How old are you? 5?

@Ryan83

You still dont understand, the money in Harta belongs to the shareholders. How can the koon family privatize it using Harta's money? do you know how a public company works? like this, all the money in Public bank belongs to Teh Hong Piow?

You lost so much money until you dont have logic anymore.

@newtrader1989

I have a feeling even if Serba received the notice of default from bankers, Serba will ignore, then probably sue, hoping to delay it.

@Ryan83

How can a company privatize itself? Even if Harta has RM100b, they cannot use it to buy up all the shares. and that 100B does not belong to the koon family. if the koon family wants to privatize it, they have to find their own billions.

do you even know how the stock market works? you lost money until you can come up with crazy ideas.

opening more outlet doesn't mean more profit. QL FamilyMart now move to FamilyMart Mini and FamilyMart Superfood concept, CU still with the older model like 7-11. Even emart24 opens the lifestyle concept.

CU until now still dont have an app or website, almost 1 year already.

mynews always have food wastage problem. have you been to a CU before, I went in a few times, always full of food, even when it is 6 or 7, about to close. They seriously need to learn how to manage their food wastage.

told you guys to run already. why still wait? run when opportunity arise.

impossible for profit to go up, karim is the magician, no magician how got magic numbers? run boys run, last chance to run.

this is an opportunity to escape and cut loss, there wont be another opportunity anymore. Run!

@leno

this means the auditor also scared to sign off. I dont know what is this, it is like KPower is the auditor. wtf, this is BS to the max. That means Al Jafree Salihin Kuzaimi PLT can sign off regardless of the accuracy as KPower guarantees them of any liabilities.

Is this even legal?

and they still have long term borrowings.... they should have used the opportunity to clear all debts, then use the money to modernize their factories, and use some to expand vertically.... but no, sharesbuyback and divedends are the priority because someone wants to be the biggest company in Malaysia.

Awang knew this long ago thus he has been selling and selling and selling.

when a bad cook left the kitchen, does it mean the food automatically becomes good? whatever he cooked is still in the kitchen/menu. unless the new cook comes in a clean the kitchen, it will still have bad food.

#TangkapKarim

We need to organize a protest outside of Serba's Shah Alam office.

TopGlove already says ASP drop to pre-covid level... so, how can Johan compete? MahSing glove business reported losses last quarter.

#TangkapKarim

We need to organize a protest outside of Serba's Shah Alam office.

#TangkapKarim

We need to organize a protest outside of Serba's Shah Alam office.

Glove holders all wants a deadlier virus to kill many people, all they care is more death so that their share price can go up. Karma is biting back, dont be so black hearted.

@wolfbroker What hold until SIR and AR settle? SIR already completed, Serba dont want to release it only, why? How to settle when Serba dont want to release?

I honestly dont know what TSLim was thinking when he did all those sharebuyback and also personally bought so much for himself. He expect to make RM2B every quarter forever?

He could have RM8B in the bank if it wasn't for all those crazy dividends and buyback. Harta got 5B now and growing. With 8B, he could have easily used that money and venture into another new business... but no, must give crazy dividend hoping to life the share price.

How to unsuspected when they already defaulted on their bond. Look at the Bursa query, Bursa asked Serba if what theedge wrote is true, serba just says they have yet to receive the notice of default from banker... wtf is this? If they already paid the bond, they would have said they've paid and theedge is wrong and will take legal action, goes to show they already defaulted.

It will not be unsuspended, it will be delisted and then go into PN17. bond holders... secured one will want to take Serba's asset and sell it. serba is gone case already.

shareholder 100% loss.

@Kang Yao

Why will it go back to 1.5B mktcap? I dont see them making less profit, and they are in talks with andy hall and others to iron out all problems related to workers. plus, they are expanding.

Not to mention, 0 debt.

If you are going to use cash flow as a measurement, then TG during 2020 to Jun 2021 can be considered super super super cheap.

market anticipates future growth and earnings growth. I am very certain the coming few quarters they will continue to grow, dont forget ATA lost Dyson and some business will be given to SKP.

i really feel sorry for those that kept on averaging down from the peak. i was banned from tg telegram group for telling people not to average down. i wonder what is the situation there, still gila or not. i remember some arguements which doesnt make any sense:

1. RM2billion profit but price so low, it will go up
2. Better than FD
3. TG will become the top500 companies in the world
4. world need more glove, even vaccine time need glove... got meh?
5. TG got FDA approval, new commer cannot get FDA approval so fast... mahsing already got theirs last month.
6. RSS throw price... but price has been falling since august/september 2020, that time dont have RSS also, why drop?
7. Got new virus

Those that predicted the profit will drop already won and was right.

@JKPTR

Haha, LHDN need the password? BNM have all the records. You think what you say here can move markets? haha

I have a feeling this UlarSawa is Mabel's husband.
Their posting methods are the same.
Long and must include somekind of list, sometimes TP sometimes Trending list...

I wonder how is the TG Telegram group now...
I also wonder about Serba's Telegram group.

I was banned because I told people not to average down, just like this.
Never even say bad things...

@UlarSawa

Why not compile a list of TG supporters that think TG will go back to RM10? How many will be included in the list? 40K retail investors?

@Kang Yao

Last quarter their capacity was at 60% due to lockdown, coming quarter will be better. With the expansion and potential business from ATA, it will only get better. I think current price around RM1.60 is just about right.

Someone needs to organize a protest.

pearlwhite, how much you invested in serba (or kpower or scib)? your entire portfolio?

you lost your mind. why dont you go to shah alam and talk to karim?

maybe they need a new director.

@PearlWhite

Are you Karim? You are saying EY and KPMG dont know how to audit? You lost money until you live in another world, a world where SD goes back to RM1.60.

Wake up, this is not auditing error, it is auditing fraud.

SD cooked the books with fake projects, fake numbers, fake people, fake promises, fake fake fake and fake. Wake up. your money all gone. go find karim in shah alam.

@PearlWhite

Why in the world the bondholders want to be shareholder? They lost money due to con. You are still hoping for a miracle, just accept it, SD is going bankrupt and your paper loss is 100%

defaulted on the bond liao... nothing to say anymore. those that still sleeping please wake up and accept the reality. so many months to escape... but no, go average down. I am sorry for your losses but there is nothing you can do anymore. Now want to sell 1 cent also cannot, SD will be delisted and your loses is 100%.

sorry. go shah alam seba hq and find karim, dont blame others.

peralwhite lose money until go crazy

@bang_miskin

Not dumbest, it is smart. TopGlove and Supermax pisses off their clients when they cancel the contract and force them to buy at spot price. When things normalize, their clients will go to Harta after seeing how Harta treated their clients with fairness.

I dont own Harta shares but I think Harta stands to gain in the long run.

If you are a long term investor, harta is the right place.

@Prudentinv

Haha.... insider wants to buy for 5 cents? the value is 0.... Z E R O... egg... nothing... nada... telur... you think got hidden hands push down price to collect? push to throw got lah.

Whatever we say here is not going to influence the price. All we know is SKP has 0 debt, positive cash flow, was operating at 60% capacity during lockdown, this means next QR will be good, and most important of all, they are not denying and fighting like ATA. They as in SKP and VS, both try to be polite and work things out. Eventually it will get sorted out.

1. Going forward, it will be resolved.
2. ATA business as the biggest dyson subcon will flow to the other EMS, thus more profit.
3. SKP will see how ATA fell due to dyson, thus I believe management will now try harder to secure other clients, thus the potential profit growth will be even better in the future.

Nobody knows the future, nothing we say here can influence the price and volume. All we can do is wait.

@InvestorKING

Write as much as you want. Nobody will want to invest in Serba. Only traders will go in an trade.