What and how AT priorities resources, 100k also don't want to pay, are they plan to sell E&C ....can sell to MHB/Petronas, haha

Haha, you definitely right, she/he may be a old folk... But definitely is a shameless and stupoood one....lol

Huangbk72 Haha Superrr

This Kacang Putih is 100% not Karim.. Not even his shoe licker. Doesnt have the required intellect and analytical mind.

Some young kid, invested all savings in SD, now trying to console himself all is fine and dandy.
18/02/2022 11:05 AM

If AT manage to turn around by end of this year, he will become legend.

Aiya, the failure of this company is obvious

1. For the past few years, the CEO only draw around 100 million yearly, use private jet and other benefits, and don't don't forget 10 million yearly pay to Sapura group for using the name 'Sapura', there may have other leakage through crony..

2. On top of those problem done by previous management, covid cost has exacerbated the situation, operator don't want pay the claim, subcontractor also don't want to pay the covid additional cost. Project delay caused by closed down and additional cost from supply chain issue.

Without the first issue faced by Sapura, MHB, SAIPEM and other still struggling to turn around as at today

Not that I think the company may turn around, but the new management lead by AT have done a good job to keep the company afloat and contain the issue within Malaysia. Last Q still manage to win a billion jobs under circumstances.

Not easy lah, AT has done super super good job leh.

Haha, barakah PN17 long time de....KNM also PN17, Scomi also PN17....SD also PN17....

SE still early but expect the price remain until next year la.

It is not fair that SE bully by operator not paying the covid cost, than vendor also don't want to absorb the covid cost. Go down together....haha

New star management is playing fire for the best interest of the group.

100k also cant pay? Cant pay or don't want to pay those crony?

This is the 3rd court case lose....still want to challenge Bursar and pay more money to bursar....haha

Only stupoood punter lose money, Karim and the team collecting salary happily, bursar got pay by SD after SD lose the court case.....

Lol

MHB reported loss in last Q....sapura will follow, I guess majority of the oil service player will report loss cause skew by Petronas...cause petronas is sucking by gov in the name of covid aid..

PNB got 40% but sapura brother have only 15% share......sapura brother won't feel the pain...

Still no release of SIR? Seem like SD prefer delisted...haha....retailer died lookoo....haha

Justice Ahmad Fairuz also ordered Serba Dinamik to pay RM30,000 costs to Bursa Malaysia.

Haha, bursar won, should buy bursar instead

Haha. congratulation. hahah

High Court strikes out Serba Dinamik’s bid to stop Bursa Malaysia from compelling company to release fact-finding update

https://www.theedgemarkets.com/article/high-court-dismisses-injunction-application-serba-dinamik-stop-release-factfinding-update

Haha, ambank analyst is on the extreme side.....

Yeah, expect another of loss quarter, the turn over I guess only happen in next Q.

Yunlin project are in deep shit probably worst than Sapura, they are still pending regulatory approval on extension and structure change so terminate maybe a good move....there are 11 turbine been setup since last year, but till today only 1 turbine start function....yulin side got deep shit problem...

Haha, institute keep selling at 5sen for the past few months....just wonder which institute

Once the SIR make public, definitely will be scrutiny by media and public, to seek accountability.

Than SC possible charge Karim on insider trading ....

Release the SIR is not favor by Karim but good for retailer, so retailer can get some money back

Suspended until delisted, I guess SD will appeal drag longer so that can continue enjoy the benefit being a public listed CEO.

If suspend lifted, Karim may need to worry about force selling, I believe it will rather drag under current circumstances.

Assuming the provision loss for Yunlin project, if no amendment every penny spend may lose another penny...haha, better terminate and settle in court.

Now sapura 3500 are able to work on other contract which can generate profit immediately...better than work under Yunlin project making more loss.

Court case will drag few years before concluded...it is urgent to put all the asset in work to generate profit.

I think this is a super good news but doubt the price will fly, still the main issue is liquidity still remain and pending the divestment result

Is it possible write back 300-500 million from provision of loss for Yunlin project which was made in Q2? I guess not able turn around but probably can reduce the loss..

Har...termination of the contract is good news, Sapura300 loading money non stop if keep boned by the Yunlin contract....only 21/80 tubing installed after 2 years delay...it is the wise move to terminate the contract. Taiwan border contract is strict,. But the covid cost beared by Sapura...if continue like this, another billion loss inccured.

SAIPEM also lose money, MHB also lose money, worst still New star management just the took over less than a year from previous infamous management. Probably won't turn around until 2Q2023

SAIPEM going to announce huge loss in coming quarter, I think local oil service company will not spare

If the divestment is success, insider already start collection, looking at the volume now mean....

when in oil century, feeding those crony is not a problem, but now those crony is burden of country, petronas and oil company.

get rid of it is good for the industry.

SE dose not clarify the complaints from vendor on 180k payment overdue reported by focus.

this is good move, no need bother this kind of vendor....already commit settle in jan, complaint and make report before due data for only merely hundred k....what a joke for a company.

he can take legal action after jan still not payment....why choose to resolve this kind of dispute via media? maybe is some crony from previous regime, empty shell company......

Focus didn't seek clarification from Sapura also, this seem like against journalism ethics,

Posted by JJchan > Jan 22, 2022 8:42 PM | Report Abuse

some Sap's vendor are spoiled brats. Average private sector payment during Covid era is 4--6month And Gov.( public sector ) can go as high as One year....almost every Co in Malaysia
is Not paying On time. I think it is Time SAP delete / remove financially weak Vendors----Good
time these Vendors never say SAP is Good pay master, bad times they cry infront of camera

It is interesting that Focus did not seek clarification from SE as well before publish the story.....

The article imply that SE steal from the supplier by not given acknowledgement after receive 'stock' from supplier so that supplier can't invoice them...interesting

Made public the complaint instead of issue legal letter or make police report?

Need money for CNY? Burn the bridge for less than 200k....must be Chinese company, need money to give Ang Pao.

Just wonder why supplier choose to made the complaint now, not next month since SE promise to settle by Jan 22, can't wait for another week after waited for 6 months?

Vendor complaints payment overdue 6 months and still counting...reporting by Focus today....

Andy said target to finalized by end of 2021 but may delay depend on bank feedback. I guess chances to get waiver is high, but else will drop further. Just speculate possible good news based on the last few days price trend.

Possible go into PN17 if waver not granted by creditor, waiting Andy to announce soon.

If not mistaken,sapura brother direct or indirect 17%, those proxy are fully own by sapura family I guess.

It was reported by the edge, 10 million annually for using Sapura name, Taib does not want to set a date to change the name despite being asked by reporters several times.

SE still paying 10 million to Sharill to use Sapura name, so I don't think PNB has the fully control of SE yet, Sharill still have certain level of influence in Sapura.

LNG classified as green by EU soon, I think this will has huge impact to Sapura, provided SE manage to survive from current criss.

Bankruptcy is wasted. There are a lot good asset which should remain under local company.

I thought you are more rationale, comparing between AA and SD....are you sure?

There are many PLC being categorized as PN17 like Scome, Bara, kheen Seng which struggle due to covid or operation issue there are many Bumi or politic counter in PN17. It is business matter.

But SD is different, is a company venture into space, their problem is fake and no auditor acc, under prosecute by regulatory. It is legal issue.

2 different issue, how to compare?

Sslee quoted If government will to save either Serbadk or AA, which company will government save and why?
14/01/2022 9:05 PM

The fate of Sapura may announce soon, given that Andy said he target to finalize the waver with bank by year end. Probably now just waiting bank respond.

Looks at marble, quad, honesty, solomo, pearwhite, they still support this kind of company,...too many idioooot in Malaysia...they got brain but don't want to use, prefer you help me I help you concept....


shareinvestor888 quoted Based on my previous work experience in other countries Singapore, UK, Japan, Indonesia, Thailand and HK….I never heard of listed companies’ CEOs can still be allowed to continue working as BAU, not suspended pending court trials for alleged corporate criminal cases.

How to help,

Regard the court case, Bribe the judge? If judge not corporate, looked for PM to turn the court case down.

No auditor approve statement acc, kick out the auditor from Malaysia with the help of PM if auditor not approve the account statement. A lot company need to hire new auditor if big 4 being kick out.

Replace the whole bursar top management, stop them from asking SIR and keep their mouth shut

Than finally close all the hospital and inject 3 billion for debt payment and another 2 billion for space investment and operation cost.

Help........lol

karimorkaram quoted Wonder Lembaga Tabung Haji would support this Bumi company, their stake in this company is relatively small, only 2.3% and the PPIM Chair has voiced to support Serba, unfortunately cakap macam kentut, bau bau sahaja.
13/01/2022 9:12 PM

700 million profit was reported in the last 6 QR, but can't even pay debt, whose problem, SC problem, Bursar fault? Gov problem or your mother fault? @SHQuah

What is the problem of this idoot investor.....who is right....are you stupoood

New Auditor said pending on SIR from EY, but SD don't want to complete the SIR

EY want to complete the SIR, but SD said EY consultant not qualified to complete the SIR despite it was appointed by SD..

SD not able to pay loan interest, who right or wrong....are you too stupod to analyse?


Based on your opinion, who is right and who is wrong.

SHQuah quoted Who is right, which one is wrong. Can you provide the latest ?
13/01/2022 5:16 PM

Or maybe this stupoood pearwhite bet toooo big in SD, tooooo big to lose.

Pls don't pollute pinang ocean.....

Today court hearing, are it going to conclude today and the result may favour Bursar where the SIR from EY need to make public immediately...so could start press 0.005 lol

Only Serba Dianamik not impacted by covid and profit during MCO, MHE, Bumi all also lose as of today, but SAP is the worst among all of them ..haha

Pearwhite, marble, solomo, hosnesty, those heavy invested in SD and posted fake information to promote SD so that they can sell their tickets to other when suspend was lifted.

Shameless group, I'm not surprise few already end their journey at Pulau Pinang Bridge.