Tis is no right

KMPG is the one which requested for the change



satu langkah yang memberikan Serba Dinamik ruang bernafas bagi memuktamadkan penyata kewangan

There is absolutely no need for Karim to put up websites to try to get jobs

Karim has very good connections

Karim is Petronas nurtured trained

Poster boy of Petronas programmes

Pride of Petronas

Recently space projects whatnot have been thrust upon Karim

Serbadk has to accept these projects reluctantly

Find out who owns AIMFLEX

AIMFLEX is on standby for ICT jobs fr Serbadk

Yes it is listed on Bursa

AIMFLEX fka iStone know or not?

Do u know AIMFLEX?

ICT biz is to b sub to AIMFLEX

Tis shows revenue thr cld b inventories pending billing

Trying to tell u n em too

And it doesn't mean b4 tis Ramunia yard Serbadk did not do fabrication jobs


OrlandoOilSemiconIoT Serbadk jz spent 320m to buy Telok Ramunia yard for fabrication jobs

06/06/2021 9:42 AM

Fabrication takes time

Junior KPMG auditor

Wat r u talking abt?

If u done pay overseas suppliers in advance they won't even sell to u


Mikecyc Haha refer to Documents : PO , DO , Invoice .. materials on site belong to which party !!

06/06/2021 9:41 AM

Serbadk jz spent 320m to buy Telok Ramunia yard for fabrication jobs

Not if the inventories hv to b purchased overseas

Try telling ur overseas suppliers those materials on site stil urs

Is capital intensive means anything here?

Does inventories include long term projects/contracts which need to b completed upto a certain % b4 can do billing?

Only Japan would not take in till receivables hv paid up


Those increases in inventories and receivables, can a company consider them as revenue even if they not yet sold their inventories or not yet collects their receivables?

1.8/6 = 109.5 days

Industry norm 95 days

Jz work on sslee don't spend so much time in i3

i3lurker

U talked a lot at least 3 times more thn d guys

U r definitely a female

A old lady in her 60s fat n all by herself lonely looking for company

Sort out d underlying issues not d price ok

KMPG local partners now know their fallacy to blow up small issues but having srewed d management staff now they r at moral high ground cannot come down

KMPG is in big trouble

Point is u don't know anything

U don't know wat r ratios

U don't know cannot look at absolute balance coz everything is relative

Point is u don't know anything

Don't know anything yet simply post

Simply post FAKE conclusions

Smearing innocent

kiasu fella who does not know anything but simply post

Serbadk receivables credit period is just slightly higher than the industry usual collection period of 95 days at 113 days

Receivables credit period ratio UNDERSTAND OR NOT??!!

To tat kiasu fella who does not know anything but simply post

The receivables credit period is just slightly higher than the industry usual collection period of 95 days at 113 days

Price over ebitda appears kinda ok


The acquisition will cost Hibiscus US$212.5 million (RM879.5 million).

In the statement, Hibiscus said it estimated that the new asset purchased will generate approximately US$255 million total net undiscounted cash flows over the next five years.

It also highlighted that the estimated earnings before interest, taxes, depreciation and amortisation (Ebitda) contribution to the group is US$135 million for 2022.

What? 255 if discounted will get only 8.5 per year?

42.5 millions divided by 5 . each year get back 8.5 m usd.

What is this? Not 255 divide by 5?

All these are brown fields?

US while barring others from doing so had quietly been importing upto 3m bpd from Iran

I have Armada but it not going up enough as it shd b

Any decent profit to b had here?

Serbadk went to Middle East with the quite blessing of Petronas

Serbadk jz took over Petronas Teluk Ramania fabrication yard at 320m

Likewise....

Malaysia companies auditors included hv been quite attuned to Malaysia forced labour standards until lately

Tis ain't d first time

Petronas wil come to d rescue

Karim is a product of Petronas programmes

Karim would not b able to rise to whr he is today if he has not satisfactorily been able to deliver on Petronas contracts all tis years

It is jz tat Karim d Petronas trained has b spoon fed hand held n tolerated by Petronas

Tolerated tolerated tolerated tolerated... so Karim mentality n documentation is of Malaysia standard

Lousy documentation but no fraudulent transactions


Karim is d poster boy of Petronas programmes


Petronas will not let its favorite protege to go down due to lousy documentation

Petronas wil come to d rescue

Those things brought up by KMPG r very unsophisticated for someone who intends to con to con so big

Those things brought up by KMPG r very unsophisticated for someone who intends to con to con so big

Those things brought up by KMPG r very unsophisticated for someone who intends to con to con so big

OrlandoOilSemiconIoT Thr is no fraudulent transaction

Thr is no financial loss

Thr is only lousy documentation

04/06/2021 8:28 PM

X

OrlandoOilSemiconIoT Malaysia stadard documentation

04/06/2021 8:30 PM

OrlandoOilSemiconIoT Thr is no fraudulent transaction

Thr is no financial loss

Thr is only lousy documentation

04/06/2021 8:28 PM

X

OrlandoOilSemiconIoT Malaysia stadard documentation

04/06/2021 8:30 PM

Malaysia stadard documentation

Thr is no fraudulent transaction

Thr is no financial loss

Thr is only lousy documentation

KMPG local partners on 1MDB debacle have been screwed left right center by world partners

After been screwed KPMG local
partners screwed all d management staff n told them must uphold highest standards

KPMG management staff overzealouslly suddenly insist on world standard documentation


Karim started small Petronas trained still maintain small biz mentality n documentation

These 2 worlds collide


Karim has not changed Serbadk has not changed

KPMG has changed


KPMG is lost without direction

KMPG local partners on 1MDB debacle have been screwed left right center by world partners

After been screwed KPMG local
partners screwed all d management staff n told them must uphold highest standards

KPMG management staff overzealouslly suddenly insist on world standard documentation


Karim started small Petronas trained still maintain small biz mentality n documentation

These 2 worlds collide


Karim has not changed Serbadk has not changed

KPMG has changed


KPMG is lost without direction

KMPG local partners on 1MDB debacle have been screwed left right center by world partners

After been screwed KPMG local
partners screwed all d management staff n told them must uphold highest standards

KPMG management staff after being screwed overzealouslly suddenly insist on world standard documentation


Karim started small Petronas trained still maintain small biz mentality n documentation


These 2 worlds collide


Karim has not changed

Serbadk has not changed



KPMG has changed


KPMG has changed post 1MDB


KPMG is lost no more direction

Big volume

Big funds accumulating

New support