run before it is too late

I find it puzzling there are still people buying Serba. Makes me wonder what is in their mind? Nothing? Zero like Serba?

@fortunefire

Right in this very page on desktop view it says 8 feb. I dont understand why many people ask the same question on qr release date when it clearly stated in the same page, it is more or less that date. Are people too lazy to scroll up? or only buy shares looking at price and not the business fundamental? it is like me asking who is the CEO of harta. if you ask the size of his underwear then i can understand, as this answer is not readily available.

one day it will reach the bottom, and from there, the price will go sideways for many years, even if Harta post good results, it wont move up until it post really good results and high dividends. So, just wait, if you think Harta is good and the price move sideways for many many years, then only buy, if not, no point taking the risk.

@i3lurker

Eggcellent reply.

this is a bank leh, under BNM. if am not mistaken, his children are singaporeans... THP last time also Singaporean. where can simply give ceo to anyone, need approval one. as long as management the same, should be fine. it is the culture, like apple, steve jobs gone, apple still ok.

and he deleted all of his comments... why? weird guy.

i just checked their website, people been talking about pmbtech and EV, but they only sell alu ladders and building material stuff made of alu.... where is the EV? what EV? someone please explain.

@i3lurker

What are you trying to say? QL eggs is in high demand thus many bought it as their first choice or QL stopped selling eggs in these outlet?

OTB losing most of the money he gained from glove this year? giving back pledge....

how is the vietnam power station? good? what is their ownership percentage? 50-50? 100%?

How long more can they lock down? Easy for someone to support zero covid if they are rich and powerful, the poor and middle class are the one that suffers. lock down and restaurant owner need to throw away food, cannot hire new people, etc....

if china own vaccine is not good enough,, just admit and buy from pifzer,

why is the revenue dropping like crazy? someone explain, too lazy to find out. thanks

profit margin drop, going back to precovid. this is glove 2.0, run boyz run.

more like 100% lies again

StartOfTheBull

Quote: "Genting Highlands is a hill station city located on the peak of Mount Ulu Kali in Malaysia at 1,800 meters elevation. A large portion of the area is located in the state of Pahang, and another small portion is located in the state of Selangor. It was established by the late Chinese businessman Lim Goh Tong in 1965."

Do you even read? I read the Lim Goh Tong book and in it, he mentioned they purposely build the Casino on Selangor/KL side and the Theme Park on Pahang side.

How low is your IQ? Do you even read books? Or just Facebook?

https://focusmalaysia.my/arb-maintains-strong-performance-in-erp-and-iot-business-segments/

For the record, the group has changed the financial year end from Dec 31 to June 30, hence the company’s financial year end will cover a period of 18 months from Jan 1, 2021 to June 30, 2022 (covering a period of 18 months).

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

Auditor dont simply resign in the middle of an audit. They will finish off the annual audit and then leave, they are professionals and have a duty, there got to be a reason why they leave mid way, saying fees is the issue is an excuse. you've been warned.

And how do you know it is small profit? Basically what you are saying is you know what the average cost is for EPF. You work in EPF? You u are very smart and got telekinetic powers?

Since you said they sold with small profit, may I know what is the average cost for EPF's holding in TopGlove. Thanks.

Before Serba got caught by KPMG, they cannot survive without borrowing money from bankers. But now, somehow they can repay back 100% of the money after getting caught? Weird.

It is a ponzi scheme where they forever need loans to repay their previous loans.

No banker will believe them. AirAsia may have debt problem, but AA did not cook the books and the pandemic was not their fault, although Tony and AA are badly managed, but still not their fault. Serba is different, once a liar forever a liar.

PAS can close down the theme park if they capture Pahang state, but they cannot close down the Casino which is located in KL side, unless they win the federal by themselves. Lim Goh Tong already talked about this in his book when they decided where to build the casino.

calvintaneng

Genting Casino is located in KL side, the theme park is located in Pahang side.

I guess you never attend the AGM or watch any interviews or read any report. They've already mentioned no more rights issue if they win another new FPSO project.

- They will do IPO or strategic sale of 25% of its FPSO holding company for RM2.2B to raise funds.
- They will only accept FPSO projects where the other party fund the FPSO project (Like Atlanta)
- They will pare down their stakes in existing FPSO to fund future FPSO projects

No more rights issue in the near term. also no plans to raise funds via perpetuals in the near future as of 2022.

maybe they expect to win another FPSO project, which they say if they win they will nego to have the project delayed until they completed one of their 3 existing FPSOs. a few bids will be announced this the next few months. Plus, they can now realize the profit for the EPICC work for both FPSO, Anne and Atlanta. And not to mention most of their profits are in USD, thus the weaker the ringgit, the more profit they make in ringgit.

I believe the management knows what they are doing.

everest29029

How do you even know what is the average cost for EPF? If they bought it 10 years ago, they've already made tons of money, even at this price.

presidentjib

Transparency. Nobody knows who is ARBB's client. Can they demo the software? Can they have an open Q&A session? And why need rights issue when they have so much cash in the bank? Everything doesn't adds up.

How can EPF lose? They probably bought into TG 10 years ago.

If this coming QR is bad, then get ready for RM1.00. If it is good, then it will hover around current price, maybe for 1 or 2 years and if there are still growth, then it will go up slowly.

took so long to hit my TP at Rm1.50, but finally. Now go below my tp... crazy.

those supporters think Karim is here to save the company and them.... delusional.

KARIM IS HERE TO SAVE HIMSELF.

He will let the company sink just to save himself. he couldn't care about retailers, even if it means many will lose their life fortune or suicide, to him, his bank account is more important than you the supporter.

as the saying goes, punishable by fine is legal for a price.

stockraider, what stock do you recommend?

in hard times, the most efficient company will survive and when everything settles down, those that survived will become even bigger. only 2 listed chicken and egg co can weather the storm - QL and CCK.

https://www.freemalaysiatoday.com/category/nation/2022/04/09/controlled-price-of-chicken-is-too-low-says-trade-group/

Price control will have to be lifted or the gov will have to continue subsidizing these companies. Failing to do so means we have to import more expensive chicken and eggs and nobody will want to lose money raising chickens. Cost to raise a chicken from chick to hen is about RM6 to RM7.

LTKM quit the chicken and egg business already, who is next? Industry consolidation coming like banks in 1997.

awang... pump and dump, run fast

Net profit since 2019 almost reach their market cap, never give dividend, and they have 50million in cash before the RI, 300m in equity, 135m in long term asset... yet they have to raise rm140+ millions to do what? Cannot borrow from bank? so many asset, so much cash, 0 debt, huge profit and bank dont want to borrow them?

and now auditor just resign. wake up please.

EastWestTalker.... ARBB is big company? u serious? even if the business is legit, it is too tiny to enter nasdaq. I am not telling ARBB, I am warning all the retailers not to be fooled.

exactly, the goal is to delay as long as possible until serba get delisted, then dont need to release anymore. i hope Banker JM took over and release it.

Serba Dinamik to list on Nasdaq via Data Knights

https://www.thestar.com.my/business/business-news/2021/05/07/serba-dinamik-to-list-on-nasdaq-via-data-knights

when pearlwhite release his next article, i cant wait to read

Imagine Genting without casino, BJCorp without Sportstoto...

Gamuda without their cash cow = moo moo

list in nasdaq... u think so easy? if so easy, every company will say they got IT stuff and just list there. u think pasar malam ah? Serba also said they wanted to list in Nasdaq, somemore tried to do SPAC type of listing.

https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/

ARBB got meet all of these requirement or not? I can tell you the answer is NO.

a CEO that kept on using buzzword is a warning sign you need to watch out for.

their auditor resign liao... this is the 2nd warning sign, first one is rights issue... earn so much money but need to raise peanuts for what?

all these buzz word.... arbb makes so much money but still need to raise money to do what? aqua-agriculture? they not doing internet stuff? now move again? say want to list in nasdaq?

simply put it... if earn so much from their IT, why need to raise money?
simply IT so good, why need to go into a new business?
and i just emailed them about their cloud solution, said I am interested, and their reply?

their software not yet ready.

NOT YET READY.

you guys can go email them too, see what they reply.

Karim: "We have a subsidiary called Serba Stationary and Printing, we print names card and make company stamps for Petronas and many of our vendors too. Trust us, we make stamps for SpaceX too, really."

That is what I suspected too, Serba refuses to confirm the findings or refuses to work with them. How to sign off if Serba is not making some documents available to EY? Also, Serba / Karim likes to hit below the belt, they will attack EY and KPMG knowing these auditors cannot attack back. Uninform retailers think because KMPG and EY refusal to fight back is a sign of guilt, not knowing there is a thing called professionalism, which EY and KPMG are both doing, not attacking their clients.

Karim, can you explain the 59 stamps?

@kl_guy

Why is bonus so important? do you know what is bonus? I dont understand why people are so into bonus, as if by dividing the shares one can multiple their capital.

I hope it limit down and Tony gets margin call. He is a con man. refund the customers first. also, it was and still is a badly run and managed airline. all those profit from selling planes, not tickets, and the PP in 2016 and huge dividends is just for himself... all he thinks is himself. selfish.

Can someone explain to me how myeg lock and earn bitcoin thing works? I mean how does myeg make money ( or give us more bitcoin) when we deposit our bitcoin with them?

https://www.myeg.com.my/services/defi

https://www.walmart.com/ip/Horizon-Organic-Growing-Years-Whole-Milk-with-DHA-Omega-3-Half-Gallon/819878780

https://www.walmart.com/ip/Crystal-Creamery-Low-Fat-Milk-1-qt/46942847

https://www.walmart.com/ip/Organic-Valley-Grassmilk-100-Grass-Fed-Organic-Fat-Free-Milk-64-oz/294605448

Above are some really good examples of a good design. Also Able's packaging lacks 'nutrient' information. Informing the customer the benefits is very important too.

was going through the products again, and then I noticed they dont use words like 'Organic', 'Natural'.... and their packaging lack of design show cows grazing grass etc.

If want to go up market, need to redesign the packaging. need to have premium look, now too kiddy looking.

So... what's next? PN17 ....how much time they have left?