59.5sen was the lowest....Trading side way 62-64sen....U tell me got what profit to take?

More like contra player hv to sell and buy back to keep extending T+2.

if suddenly boom 50sen, u see a bunch contra trader puke blood again. =D

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StockGodFatt Oh today Serbadk is under profit taking
11/06/2021 10:56 AM

Well, between the two...I think philip is better than calvin...

Anyway, real gurus...they pay paid information. Reliable 3rd party due dilligence. They don't really make statement. They discuss. But never make statement.

They are most of the time, NOT IN i3...I3 alot of kucing miao trying to be tiger. Tiger makes their mind and nvr look back unlike kuching miao. Come i3 every 5 mins. Nothing better to do is it?

=D
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i3lurker I noticed that he is always squeezing people non stop for stock recommendations for him to buy
he is always trying to find out your portfolio and whether you are making money so that he can follow you.
and to pursue that objective he analysed Sith Lord and Apprentice stock recommendations and discovered both make losses and thereafter he only has contempt for them openly expressed.....

hello who does that? and dun antagonise people?

do such people actually have a better analysis?

Cannot say ppl con la bro...

Ppl make decision with information they have. Most of the time, they took a position based on wrong information and have no choice but to stick at it.

Wrong decision to enter above 90sen doesn't mean it's wrong to enter below 60sen.

But if u die die stuck with the mentality dont enter at all, then....u might miss an opportunity because of your own bias.

In deCasino Bursa, anything can happen. Right can be wrong, wrong can be right at different time. And few times a day. Happy trading.

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Mikecyc Haha never respect kon man ..bad intention will bring bad karma...
11/06/2021 10:50 AM

Lai, SD....time for rebound liao....if u don't rebound, alot of margin call and force selling coming...

First few round is from big kaki. Next few rounds are those entered 79.5sen above.

because Philip has better analysis...

In fact, he has alot other people to hate because the he isn't very smart...

rr88, how much money did u lose?

Go study about loss aversion. This emotion will cloud ur judgement, impedes u from thinking rationally.

no lo....when EPF throw at 55sen, rr88 will regrets queueing at 62sen. This kinda counter, u want cancel queue also tak sempat.

technically, it’s nothing wrong.

There is no law that says that contract must be directly from Pak Arab.

Even sinovac also bought through Pharmaniaga la...Why Kerajaan Malaysia cannot pay directly to sinopharm?

Jeng jeng jeng....

Here's my conspiracy theory...

Some Pak Arab got a 1B budget for development project...Pak Karim under table tell Pak Arab u don't sign directly with SD, but via 5 Pak Karim related companies. Then, these 5 Pak Karim related company, each award SD 1B project to SD. This way, instead of just 1B project, it becomes 5B project with just 1B.

Now u must be asking, Pak Arab got no benefit doing so. If the 5 companies don't deliver, Pak Arab can't sue SD directly. No benefits.

Here's the twist, Pak Karim tells Pak Arab. During tenure of this agreement 3-5 years, you don't have to foot a penny. Cash will be raise via PP and RI with the 5B orderbook to deliver the project. If SD don't delivery, you loose nothing.

At the end, Pak Arab saves interest on 1B for 3-5 years, SB will hv a glorified 3-5 years with raised 1B from PP and RI, with additional revenue 1B for delivering the project after 3-5years. What happens with the 5 Pak Karim related company? File for bankruptcy, and the debt will be written off. That will only happens at the end of 3-5 years. That time, Market Cap of SD could be 9-10B. EPF, PNB, TH and yada yada would hv cash out by then.

It's a good plan. Now, the question is, WHY KPMG becomes a b*tch now? That I haven't figure out.

I remember u punt this counter two years ago...i entered for a while...

After 10% bounce and did some study, i siam far far, after so many years, it's still at the price I siam. Your tukang tilik sifu says it's undervalue since when? Since forever is it? =D

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stockraider Upside of insas on the way according to my tukang tilik sifu.

Since Insas is deeply undervalue according to my senior analyst....u should jump in now buying into the mother or the warrant mah...!!

where more? Insas PE3, fintec PE0. If fintec PE3 like insas, that's 300X upside. =P
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stockraider INSAS MORE THAN FINTEC LAH...IT IS LIKE BERKSHIRE HATHAWAY MAH!

Lucky Insas pay 2sen. If no 2 sen, it gonna be exactly like Fintec. =D

Go buy fintec la...3sen now, NTA60sen. If realize half of the NTA, is 30sen. 10X upside. Why don’t u punt that counter. Isn’t it more attractive than Insas? u know what the f is the 60sen NTA right?

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stockraider WHO SAYS INSAS CANNOT PAY DIVIDEND LEH ??

Ur exit should been 90sen...buy back around 60sen...every share you sold at 90sen can buy 1.5 shares at 60sen.

counters taking a hard fall...better strategy is sell first buy more later....

Dollar cost averaging more like turning u into bigger salted first only....

of all the company that suppose to have their ass dig into...they go dig serba instead of this Fintec.

Where are the clowns that told me PA is good? Still alive ar?

Can insas pay dividend? Cannot...why? because insas got toilet paper profit and toilet paper NTA. No cash. Insas is not doing any business.

When it's a good time to buy INSAS? when they convert paper profit into real hard cash by realizing fair value whatever they are hold. Else, it's just another Fintec. 720mil profit with a market cap of 100mil.

Even BH sells to hold cash. They hv alot of cash now. But INSAS no cash...Don't say its the same.
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stockraider INSAS HATHAWAY AN OPPORTUNITY BUY NOT TO BE MISSED MAH!

Now, what do i3 readers owe you for such "exclusive" information?

Ok ok...maybe give u some credit that you a kuching miao trying to be tiger. Good try.

If you are really that "experienced", then you should know by now that there is not such thing as win win...What's stock is about is bet against market and be right. And broadcast here in i3 isn't exactly doing that. And what makes you think you are right?

P.S. Talk from hindsight is 20/20. Parrot can do better job than you do. =D
P.P.S. And please throw the saying that "If you starting to get haters, you must be doing something right" out the window. Kucing miao trying to tiger is hilarious. Not right.
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auditorandconsultant Initially, my gang and I planned to go for concentrated investment into MBSB due to the reason below. Very unfortunate matter was that the Syndicates did not press the price of Mother Shares to RM0.55 to ensure 100% losses incurred by Call Warrant Holder this round as compared to last round on 29 Jan 2021. Probably, the Syndicates purposely did not want to press down further because they knew my gang and I were waiting to collect the cheapest MBSB mother share on one (1) trading day before and after 25 May 2021. So next time, my gang and I will be silent and waiting for other better counters since Syndicates already identified my existence.

There is always a reason on why I keep waiting for MBSB to plummet to RM0.55 and below. I was using (1) Call Warrant Exercise Price; (2) Intrinsic Value and Price for Margin of Safety; and (3) Historical performances of MBSB from year 2014 to year 2020 from FCF per share, Net Cash per share and Net Income.

Historical event where my basis of assumption was CORRECT:-
MBSB C31; Expiry date on 29 Jan 2021; Issuer is CIMB; Exercise Price RM0.60; Exercise Ratio 1:1
Formula to calculate the arbitrage gain or price gap for the conversion of call warrant to mother shares:-
= (Price at Expiry Date - Exercise Price) / Exercise Ratio LESS Average Cost of Call Warrant
= (o.595 – 0.600)/1 LESS 0.040
= Maximum loss of 0.040 per call warrant

My Experience:-

My experience when I was working as a consultant to Syndicates and Fund Managers from BVI and Cayman Island told me that there is always a tendency that Syndicates (I could not mention the name or else I will be sued) will purposely throw the mother shares so that the mother share price will plummet. Then, warant holder who aims to convert the call warrant to mother share before the expiry will not be able to make profit from the price gap or what it is normally known as an "arbitrage". The issuer will be the big beneficiary if the price of mother share plummets. I had attempted some counters using this way so I always use the same way whenever I wanted to purchase mother share of MBSB. My recent experience was when I bought MBSB at end of January 2021, i.e. 1 day before and 1 day after 29 January 2021 so as to maximise my return on investment later when I could actually buy MBSB at the lowest point possible using the expiry date of Call Warrant as a benchmark. I experienced this good entry point in Jan 2021 and as such, during 1 week before and after 25 May 2021, I tried to ask everyone to wait for the price of MBSB to drop to RM0.55 assuming that the Syndicates would again press the mother share price to RM0.55.

Experience for MBSB C-32:-

MBSB C32; Expiry date on 25 May 2021; Issuer is AMBANK; Exercise Price RM0.55; Exercise Ratio 2:1

For this round, the Syndicate did not press down aggressively the price of the mother share to RM0.55 which was the exercise price. As such, warrant holder only lost a bit.

Possible hint: Look at the issuer.
I could not tell who the syndicates are and you people is smart to relate the parties such as WA Holder, Syndicates and Issuer of WA.
What is the fact about Ambank? Ambank incurred lot of costs and compensation due to 1MDB case.
Hint for next game by relating your investment decision to MBSB C-34:-

Please refer to my excel spread sheet.I will provide upon request.

Another reason on why I think the current price of MBSB is still expensive to me:-

Intrinsic Value as of early of April 2021 = RM0.72

Price for Margin of Safety (PMOS) = RM0.54 (still my desired price was RM0.55, please refer to my conversation between myself and icepumpkin and yippy68 from my excel spread sheet which I will provide upon request)

Net Cash per share (in cent) from year 2014 (-51.19), 2015 (-65.16), 2016 (46.45), 2017 (-51.85), 2018 (-172.87), 2019 (-229.93) and 2020 (-202)

Free Cash flow per share (in cent) from year 2014 (12.85), 2015 (13.51), 2016 (13.71), 2017 (14.80), 2018 (6.30), 2019 (11.84), 2020 (-20.96)

Net Income from year 2014 (1,015 mio), 2015 (258 mio), 2016 (201 mio), 2017 (417 mio), 2018 (642 mio), 2019 (717 mio) and 2020 (270 mio).

Keep until 2,3,4,5,6 or whatever. As long u don't sell right after QR out.

Weak holder is what make good counter difficult to realize it's valuation.

insas can forget it la...profit from fair value gain. Loss from fair value loss.

If their profit in cash masuk account. That kinda earning will put the company at 10X...

if insas invest in serba, will report 50-100mil loss...what's the point?

where the hell is Block 7. Can see from google map ar?
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ChefKarim @Stockisnotfun

Exactly, in the Q&A, they made it sounds like KPMG made the mistake, but in reality, KPMG just went to the places based on the addresses gave by Serba, called the numbers gave by Serba and etc. And when KPMG questioned Serba, Serba gave them a new address saying it was a honest mistake. Again and again. I guess KPMG was tired of this 'honest mistake', thus decided not to entertain them anymore.

I am more interested in the 12 vendor thing. KPMG said only 1 replied, and 11 did not. Then Serba go personally contact them and said all 11 replied with letter and signature and pass it to KMPG? Is it like this? and KMPG refuses to accept these 11 replies, right?

Now, seeing that Serba is now in deep shit and people are saying block 7 doesnt exist, but in April Serba told TheEdge piling for Block 7 started already, so, why not just show us photos of the construction progress??? I think this will shut up all the fear mongering going on. I am waiting for the piling photos and GPS coordinates for Block 7.
05/06/2021 1:24 AM

Very likely become sapura energy. Exact same pattern.

Relies on handout from petronas. When stand on their own, they crumble. If compare to sapura, this is worse.

I think what the CEO didn't expect, KPMG to burse the bubble this soon.

I really hv doubt what's real money what cooked money.

Bro, i have no problem with ppl moving numbers around to inflate value of his company. That happens ALL THE TIME. They normally stage it 6-8 quarters before cashing out.

What piss me off is why is it done so badly. At least hire, 6 different secretary, 6 different phone number and 6 addresses la. Running billion dollar saving on these pennies is absolutely appalling.

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i3lurker Sherlock Holmes cracked the 1MDB case with just 4 items

Company Name
Company Registration Number
Company Address
Company Telephone Number

so now everywhere KPMG goes
KPMG cracks the whip and demands 4 items above

dun have 4 items its an automatic Red Flag

take the 4 items and please refer back again to press releases, statements, announcements, rumours from Mak Cik Kiah etc etc

Most important question after stellar YoY performance....WHERE IS THE MONEYYYYYYY..

People like u should sell now. Ka ka cau cau putting selling pressure after QR.
If U want keep, keep until RM2.



RainT ok ,shall keep BAUTO shares
04/06/2021 3:36 PM

today bull and bear a tie. Tmr come fight again.

Normally friday....bull lose...cos ppl wanna be winnie the pooh enjoy their long weekend...

pop corn time....

See if this horse got new tricks....

great PR move.

U see. In uneducated eyes/illiterate folks , it could easily mean. "Got announcement! Problem solved right?"

That prior announcement was created so that they can later withdraw to fool people into believe issue is resolved. Else, only announcement u get is EPF, KWAP and PNB dispose only. =D

Geng. Mmg geng.

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WenJun The guy withdrew his EGM request to remove KPMG as external auditor, which shouldn’t even be raised in the first place. He has a fair share to blame when Serbdk is being panic sold. Now we will just see what happens next.
02/06/2021 7:22 PM

Ur profit is form of credit note or profit in cash?

Operating cash has to reconcile with "apparent" profit park under trade receivables. My personal tolerance is 9 months. Increase in trade receivable 3 quarters ago has to appear by 4th quarter.
I give benefit of doubts. Maybe mega OnG project has long credit term, i don't know. But 1-2 years can't collect money? Who u trying to fool?

Perhaps, if serba can use the LOA to secure loan from banks...then, at least we know the deal or customer is legit. Banks do due diligence if the LOA is legit. That's how Armada finance all their ship and project. The one that went bust was with African company who went bankrupt. and the other one is Australian company. Both also kena screw over by some dumb sh*t Oil Exploration consulting company.

But serba do PP here, RI there. No independent party to verify each contract. Quite obvious he is taking share holders money for a spin.

This is a good read.
https://valueinvesting.substack.com/p/serba-dinamik-red-flag-analysis

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Investhunter I Dont know what a problem. This company Still Get profit Why KPMG Want to know who is that customer. KPMG Want to know serbadinamik Secret customer.
02/06/2021 7:16 PM

Personal opinion, very good chance if you call the secretary of vendor and secretary of the customer; The same secretary appears on your doorstep.

Not bangbus. But gangbang on secretary.

i3lurker You are saying its a Bang Bus? They bang each other?

Posted by RJ87 > Jun 2, 2021 7:02 PM | Report Abuse

Calculated ur odds? What's ur upside? Only chance is KPMG come out say, it's a misunderstanding. But I did some fact check....serba's vendor bang same secretary I still can accept. All ur customer bang same secretary also ar?

If u see when big guns start throwing at Armada...goes free fall from from RM1.2 to 70sen...That's just because the debts are too high. Not about cooking the book. Real cash still coming in.

In this case, a ticking time bomb. You don't know if they will hold or throw. If they hold, it goes side way. If they throw serba go free fall.

Calculated ur odds? What's ur upside? Only chance is KPMG come out say, it's a misunderstanding. But I did some fact check....serba's vendor bang same secretary I still can accept. All ur customer bang same secretary also ar?

kemonla, wanna make a scam also do properly. Get different address, few more phone line and hire different bangla to answer the phone.

They throw 26,032,200 shares...

Today no limit down bcos karim bought...imagine the news is karim sold.

Now that 3 boys...dunno who pull the trigger first...

No fund la...3pm is the time retailers need to top up shares/cash or force sell.

This pattern quite evident on counter with high gambler.

Just really weird that auditor on Serba pay roll engage this "question" this way.

next session 4.30pm....contra players either lock in profit or force sell today...

I think will press cun cun at 80sen, just avoid to be categorized as LD.
SO that tmr can LD to 50sen. Let's take this opportunity to sapu at 50sen tmr and sell at 75sen for 50% return.

more like Petronas-wannabe. Play mysterious.
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Petronas Confidential. Sorry no comment. Or my head rolls down.

today no LD, tmr can LD. Lai beramai ramai kumpul queue 55sen tmr...fight with whoever that's planning for tmr's LD.

everyone can start queue at 55sen tmr...can go another round 50% return if bounce to 75sen...

pls close at limit down....else tmr will open at 50sen.

Uncle Karim, press the price down to 0.795, so that u can prevent another selldown.

Whatever f*cker doing this to you is planning for back 2 back 3 days LD. If you don't close at 0.795 today. U see at 50sen tmr.

Just FYI, the plan is to keep the price slightly above limit down...so that tmr can limit down again... Some really staging this back to back limit down. And he doesn't even wanna wait 1 day...

if today close 80sen....the operators really kiong gan one.

4 more sen...back to square 1

close back 79.5sen limit down...then epic saga....tmr round 3!

putting the word research on this kinda writing is a joke.

Well, u can hold a RM10K position in maybank or public bank and stay in i3 FOREVER.
That's doing NOTHING. I agree doing nothing won't bankrupt you. But I won't say makes you successful or call it as research.

if next QR EPS 5sen with 2sen dividend, PE15 on FYE 21 20sen will give a valuation of RM3 by 2022. Thats a 5% dividend yield with prospect 100% capital gain.

I bet all the BOD already made this calculation.

u guys should see how 230mil sell queue snapped up in few minutes...

Compare Serba to Cina scam company to create fear...

This company god father is Petronas. Go study history please. Later u see Petronas squeeze KPMG malaysia's balls. Story become lain.

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Mikecyc Haha Xinquin is recent case ... being delisted on August 2020 ...