https://www.theedgemarkets.com/article/frankly-speaking-sc-bursa-must-get-bottom-things-serba-dinamik

Back to rational thinking.
Why serba share price dropping?
The issue was triggered by auditor involve some FRAUD related element.
Therefore the risk involve now is FRAUD and NOT about company performance (profit/loss).
If it is performance issue, the situation can be turnaround.
If it is FRAUD issue, the situation is dead end and no U turn.
You are now betting on FRAUD or NO FRAUD.
No answer as of now, but there are some hint to the answer:

1) SD trying to fire KPMG but stop by PNB. If no fraud involve why fire KPMG?
2) SD sue KPMG forcing them to resign. If it is no hidden agenda, why insist to get rid of KPMG?
3) EPF continue to reduce stake. Internal high rank ppl already had first hand info?
4) Account keep posting profit but cash keep dropping. If exclude PP in Feb, cash balance left 500mil (reduce 300mil compare to previous QTR) mana cash pergi?
5) Receivables & Inventories at highest level, are they real?

Please gamble with rational.

Faster sell la, no point keeping it because you dont love it. Go find another lover stock.

Back to rational thinking.
Why serba share price dropping?
The issue was triggered by auditor involve some FRAUD related element.
Therefore the risk involve now is FRAUD and NOT about company performance (profit/loss).
If it is performance issue, the situation can be turnaround.
If it is FRAUD issue, the situation is dead end and no U turn.
You are now betting on FRAUD or NO FRAUD.
No answer as of now, but there are some hint to the answer:

1) SD trying to fire KPMG but stop by PNB. If no fraud involve why fire KPMG?
2) SD sue KPMG forcing them to resign. If it is no hidden agenda, why insist to get rid of KPMG?
3) EPF continue to reduce stake. Internal high rank ppl already had first hand info?
4) Account keep posting profit but cash keep dropping. If exclude PP in Feb, cash balance left 500mil (reduce 300mil compare to previous QTR) mana cash pergi?
5) Receivables & Inventories at highest level, are they real?

Please gamble with rational.

Back to rational thinking.
Why serba share price dropping?
The issue was triggered by auditor involve some FRAUD related element.
Therefore the risk involve now is FRAUD and NOT about company performance (profit/loss).
If it is performance issue, the situation can be turnaround.
If it is FRAUD issue, the situation is dead end and no U turn.
You are now betting on FRAUD or NO FRAUD.
No answer as of now, but there are some hint to the answer:

1) SD trying to fire KPMG but stop by PNB. If no fraud involve why fire KPMG?
2) SD sue KPMG forcing them to resign. If it is no hidden agenda, why insist to get rid of KPMG?
3) EPF continue to reduce stake. Internal high rank ppl already had first hand info?
4) Account keep posting profit but cash keep dropping. If exclude PP in Feb, cash balance left 500mil (reduce 300mil compare to previous QTR) mana cash pergi?
5) Receivables & Inventories at highest level, are they real?

Please gamble with rational.

Back to rational thinking.
Why serba share price dropping?
The issue was triggered by auditor involve some FRAUD related element.
Therefore the risk involve now is FRAUD and NOT about company performance (profit/loss).
If it is performance issue, the situation can be turnaround.
If it is FRAUD issue, the situation is dead end and no U turn.
You are now betting on FRAUD or NO FRAUD.
No answer as of now, but there are some hint to the answer:

1) SD trying to fire KPMG but stop by PNB. If no fraud involve why fire KPMG?
2) SD sue KPMG forcing them to resign. If it is so clean why insist to get rid of KPMG?
3) EPF continue to reduce stake. Internal high rank ppl already had first hand info?
4) Account keep posting profit but cash keep dropping. If exclude PP in Feb, cash balance left 500mil (reduce 300mil compare to previous QTR) mana cash pergi?
5) Receivables & Inventories at highest level, are they real?

Please gamble with rational.

Ok remember wrongly, i will be joining the celebration on 29 JUN with you all!!!!! Let’s go!!!

Aiyo, better fall in monday, i want more....

Aiyo why la. Where is the positive momentum?

https://youtu.be/a_OoaD9guAY

Aiyo, don’t la play share until want to cut banana ler...

People already dying holding at 1.6++, still want to promote to holding this SD? You all must take note on the case happening right now. SD case can be fraud accounting issue. Consequences is it can be delisted and NOT PN17 kind of scenario where it can still be revive with the rescue of white knight. So don’t suka suka shout buy close eye put there 1 year kind of thing. Tolong lor....

Sorry i got to repost again cause the forum moving too fast...many may miss it...

let's simplify the scenario

1- PP raise 500mil in this Qtr,
2- Cash up 200mil from 800mil to 1bil.
3- If without PP cash will drop from 800mil to 500mil in this Qtr.
4- Question? 300mil cash burn in one Qtr.

without the PP, SD already in DEEP SHIT, Got it?

aiyo....macam mana ni?

let's simplify the scenario

1- PP raise 500mil in this Qtr,
2- Cash up 200mil from 800mil to 1bil.
3- If without PP cash will drop from 800mil to 500mil in this Qtr.
4- Question? 300mil cash burn in one Qtr.

without the PP, SD already in DEEP SHIT, Got it?

serious ar? then i get ready pop corn to watch movie...30 Jun show time.

good QR,

receivables continue to up 100mil to 1.92bil,
inventories up 200mil to 1.88bil,
contact asset up 150mil to 700mil
cash increase 200mil to 1.02bil

payable up 120mil to 600mil
debt remain at 4bil


SD raise 500mil during Jan21, mention will use 100mil to reduce debt but never happen?
SD raise 500mil during Jan21, but cash only increase 200mil?
high receivables high inventories and contract assets total 4.3bil remain BIG question.

aiyo...why down down down....our government really lousy, fast fast settle la, Malaysia always boleh!!!!!

newbienshare, haven't sell yet ar? i sold liao lor, balance sikit keep for lonterm...wahahahahah

wa...good QR result, next monday sure limit up, otherwise will be limit down...come place your BET!!!!

the crowd is cracy...

https://www.youtube.com/watch?v=5gDDVCFFVzs

Better drop more, i already standby for u. Hohohohoho

0.16.... no eye see...

Tak jadi close 0.135 pun. Bad QR must be

Im waiting to sell my body, when LSE is out of the picture. Waiting waiting waiting it to happen next week....

shit lor....force selling come in liao? or Fund is selling? no hope dy...seems is plan attack...keep pressing down...

better close 0.8...for me to sell off....wahahhahha

retailer sell due to one very simple reason, the prospect not as good as compare to ecoworld, ecoworld achieve high future revenue as EWINT still struggle to catch up sales target. Therefore retailer might sell EWINT and swap to Ecoworld.

But most of them don't read QR report in details.

1) EWINT Net debt after deduct cash in hand = 399mil (lowest since IPO), which means good dividend payout can be expected in coming QR. As compare Ecoworld net debt after deduct cash = 2.5bil.

2) EWINT will continue to complete and delivered property launched in the past few years, in UK there will be few blocks going to deliver in coming QR (2021). So more profit recognition in coming QR will happen.

3) EWINT JV value (investment in JV + Amount due from JV) is at highest level = 3bil. What does it mean? Potential repatriation of $$ from JV is high. Imagine from now on every QR get back 60mil from JV, it will be enough to give 2.5sen back to shareholder every QR. Imagine 3bil/60mil= enough for 50QR dividend continuously.

4) Potential BTR program will another catalyst.

5) EWINT is giving out 5sens dividend.

newbieunshare, you better after lunch, drop back baru buy back. then u will have more capital to play.

collect collect collect ask ppl buy, and never tell when to sell...sure die lor...

wake up la, understand the risk involve. if cannot take it, faster cut lor...if got capital to gamble, welcome to place your bet...

still got ppl promote?

i hope is profit.

looking at the movement, i think they already done setting the PP pricing...good news to those who buy these few days!!!! yahooo!!!!

wei...EPF cabut liao, you still want to catch dead fish ar? i believe today EPF selling more because of KPMG resigning. EPF already warn earlier don't change audit until issue is clear...now SD force auditor to chao...no ethic sure EPF will dispose all holdings...you all small fish wanna catch? later loss double baru tau.

apahal close 0.13? tiba tiba fall? aiyo....maintain 0.14 cukup lor...bad QR coming?

prospect looking good, already achieve 88% of sales target of 2.88bil in 7 mths. what a good achievement. Imagine when FCMO lifted, sales will fly cracy!!!!!

aiyo...Ecoworld ada 2 sens...good ler....yahoo!!!!

aiyo EWINT make good profit during 2017-2020, now start distribute dividend after getting back $$ from join venture. if you read the BS, EWINT invest alot money into JV (about 1-2 billion). Now slowly getting back the $$ (due to project completion).

halo 0.165 dy....still don't believe? wait till 30 Jun you will know who is the BOSS. frankly i already give up. If 30 Jun can get new BOSS i will definitely rejoin this family again. however if same BOSS running, sorry bye bye.....

QR out, result so so, BUT got fat dividend ler!!!! Yahooooo!!!!!

0.8 please, if want to drop. Make sure drop cukup cukup

drop lagi mao collect? later QR cannot out kena saman baru tau...

wa...price up!!!! huray!!!! change auditor solve the problem!!!! huray!!!!

sure kena suspend la cause QR cannot produce on time.

don't la, i want to buy ler...don't make me scare ler...

very obvious SD purposely sue the audit forcing them to resign. so from now on this counter is for gambling only, not ethical management not suitable for longterm hold...alot of shit under cover...PNB and EPF going to sell down soon...lost confident toward the manegement.

if SD motive is to remove KPMG, im sure PNB and EPF sure sell off their holding as warning already given not to change Auditor. If really true, current falling of price is BIG fund dumping.

SD+SCIB+KP, the entire PP plan jam up. the falling of share price making PP plan fail. rating cause bank facilities frozen, cash jam up life also in threat...BIG TROUBLE coming.

if LSE kick out this 30Jun, I sell house sell car sell body all in !!!!!! Let see it happen or not. I'm not here to scare ppl, i just tell my observation as i looking at the movement day and night.

aiyo 0.93....really pushing down so low...no eye see...