should not become gambling den, but pro ka keep want to show people how he bet, what to do. what @gtrade say is true It is like seeing those gamblers in Genting making millions

sifu predict movement again, wrong how many time pun x apa punya, 1 kali correct can brag again

but nvm la, I buy not because I trust you or see your comment also, my own risk, I can hold for mid or long term, can wait until result also.

just feel funny you talk like you can predict future, but main delete comment also

@rr88 Paham. in chinese we call that "cannon behind horse"

all traders just main teka-teki punya la, when correct all brag like they never lose money, when wrong delete comment, easy only ma haha

no one really can predict the share movement la, many factors involved, ini la itu la, operator la, big funds la, big sellers la. those who really believe in serba need to have plan, invest with spare cash, if cannot earn short term then go mid or long term lo, no need set TP la cut loss la, those thing for gamblers only la. panic sell panic buy, cut loss semua tu mind game

they want hit and run only ma, 5 min prepare to chao liao, but now they panic sell instead run with good profit

@ggcomliao tu la really so easy to manipulate retailers / gamblers

what rr88 guess ytd all goes wrong, operator has their own game, just hold if you trust serba, if no, then why buy at first

people really easy get panic, what is in operator mind you no so easy guessed one la

@ggcomliao true, luckily I didn't sell my mmc, holding till now, nothing to afraid, no need to SELL on news, that arguement is without any basic at all

@Mrspeaker thanks for the argument, I am kinda agree with your EPS argument, good argument indeed. But I strongly disagree the way you overlooked NTA.

Warren Buffett himself emphasized a lot on NTA. in some extend you are right, "it is simply a collateral of the company to be used in the case of privatisation or financial distress", which is is 2 very important consideration for investment. refer to MMCCORP, never say never to privatization. as for financial distress, it also can happen, good to have protection by NTA. Personally, I am against buying any company above NTA, not because I think they don't worth it in the future, but why buy at their future value, while there are many good company like SURIA that is hugely discounted in their current value, you can gain hard if hit privatization jackpot. at the same time price still move up in the market. In case of any crisis, says profitability cannot be sustained anymore, the value of the company is still there in the form of NTA.

Thank you

@limitupmeh BN (MIC+MCA+UMNO) = buat duit, + PAS pun boleh ba = saham akhirat, yang penting PM orang umno yang caliber mentadbir negara

@limitupmeh just hope the Hishammuddin rumour is true, no better option now until Najib cleared his cases

@dickyme not my interpretation, that is exactly what you wrote, I am just copy paste

not racist then is what?

country only recognise serba is bumi company, but you say never trust company managed by bumi? it is same like if you say "never trust chinese" or "never trust malay" or "never trust indian"

@DickyMe country recognise "Never trust Bumi managed companies with your money"???

@limitupmeh no need wait election, maybe UMNO can become PM without need PRU, PRU still lama lagi after covid

@mayleow true, that is not only baseless statement but racist!

"..Serba Dinamik yang disenaraikan di Bursa Malaysia pada 2017 lesap berbilion ringgit dalam pasaran modal."

this is not because serba / karim is proven guilty, it is just because of panic sell due to uncertainty arised by KPMG

at least serba is not the one avoiding or trying to hide, unlike KPMG who still not taken any further move until now, buying time only don't know do what

@dickyme serba already replied with details, check their website, it is KPMG that did not reply or take move after serba's reply, until serba need to hire EY to assist the issue

people don't believe serba because they are not famous auditor themselves, people just ignore their reply, maybe yes their reply is lack informative for people who are more professional in auditor, that's why now they hire EY to give better explanation. Why hire EY if serba is fraud? so that 2 auditor say them guilty? berani kerana benar

@DickyMe temporary recoup? he got 25% of share, no way to run la even by temporary pump up the price, at the end it is all the same if he did fraud, buying time isn't helping at all.

please don't try to mislead other his true intention of hiring EY

@michaelwong true, no point to buy back share and hire EY services if they know they did wrong, berani kerana benar.

if I come into one counter forum sure I already enter that counter to promote only, if I go other counter forum only go there promote my own counter saja, will not say negative thing to demote their counter

@ggcomliao true, mana2 i nampak i3lurker pun negative comments saja, time mmccorp hot privatization pun he go there ask people becareful, give many nonsense reasons to worry, apa lagi sini serba, confirm his favourite negative comments place

while HARBOUR's price is moving up, SURIA should move even further up, SURIA is moving slower behind HARBOUR as of today, hopefully will chase up tomorrow

the most underrated logistics company in bursa should be SURIA

much better EPS compare to Harbour at it's peak before pandemic kicks in,
huge NTA discount, NTA is almost 3x the price
still much better DY than Harbour even at it's weak performance year of 2020
cash > borrowing, very insignificant financial cost to be deducted from profits (much better debt position than Harbour)

the most underrated logistics company in bursa should be SURIA

much better EPS compare to Harbour at it's peak before pandemic kicks in,
huge NTA discount, NTA is almost 3x the price
still much better DY than Harbour even at it's weak performance year of 2020
cash > borrowing, very insignificant financial cost to be deducted from profits (much better debt position than Harbour)

while HARBOUR's price is moving up, SURIA should move even further up, SURIA is moving slower behind HARBOUR as of today, hopefully will chase up tomorrow

typical value investors usually overlooked NTA, a critiria that Warren Buffett emphasized a lot, cannot compare malaysian investors with Warren Buffett himself, a legit true value investor will always make money in whatever country market in the long run

Blue chips also very high risk because all traded way above NTA, if cannot sustain profitability will go down all the way without any support by NTA

@zackmeiser value investing can also be very rewarding if you hit privatization jackpot

@limitupmeh banyak sudah yang menyesal salah undi, tapi ada juga yang masih degil, tapi x pa, dulu pun ngam2 cukup saja PH menang, yang menyesal pun cukup banyak suda

We tried all BN, PH and PN, very obvious already which is the best. No more main teka-teki atau bagi chance

Hidup UMNO the best if Najib become pm again, Hishammudin also seems not bad but unproven

Serba Dinamik Group Berhad Kota Marudu Sabah << try check out this facebook page

from there, to me serba seems to be a legit good muslim company, did contribute some aids to local family during 2020 MCO, their workers and facilities seems legit to me as well

might not prove anything in their accounting, but at least another indicator for those who still don't know which side to believe

by the way, just bought ticket last min for tomorrow ride, so sad that I read the news late, hopefully can make good profit this time

any TP higher than RM1.6 is delusional, even after SD proven to be fraudless

remember the real victims are only those who bought at 1.6 above before this issue arises.

the rest are just traders or risk reward investor or gamblers (whatever you like to call) and some who eat popcorn watching movies, occasionally feels good when the price goes down as they predicted

@zestyy90 if trade above rm2 only possibly wont go through, people bought below Rm2 more has more tendency to vote for the privatization

I would only applaud KLK if they offer 2x NTA while the share is trading at below NTA. while canone is the one to be laughed of, offer below trading price, lmao, wasting time and money for EGM

here is an example of privatization that minorities will all cooperate to vote against

https://klse.i3investor.com/servlets/stk/chart/5105.jsp

as for mmc, I agree there is no right or wrong, everyone entitled to their own opinions and every share holders that still holding during EGM has the right to vote with their own will, cheers and best of luck to all of us that still holding this shares

another thing to think for, if the price continue to trade around RM1.80 to RM1.82 until the eventual EGM, not getting higher, then possibly we can conclude that the overall sentiment is to vote for

@johnzhang for those who bought above RM2 above and still holding until now, that is investment loss, even us who bought RM2 or even RM1 below is never guaranteed to make profit, anything goes as we can never predict the market. We bilis are all at the same boat now, disregard of our respective entry price, if the privatization fail, we all loss, that's it. but of course, if the boss offered higher price after we vote against RM2, then we all gain.

so back to what I say earlier, the reason to vote against is only to hope for higher offer from the boss, while the reason to not vote against is to avoid cancelation of the privatization all together, and the market price fall back to before announcement. to vote against at this point, it is all betting on the boss next move

Most of the time, when we value investors, will buy a share that we think worth RM3 at the price of RM1, but do we really only sell it at RM3? in reallity most of us would already sold it before it even reaches RM2, jump to other more undervalued stock, or come back to this stock again in case it's price drop again, from the price we sold previously. That is how we earn money as bilis. we usually don't earn a share to it's full value.

@Johnzhang that is the reason to vote against on paper.

but in reality, the reason to vote against is only to hope for higher offer from the boss, while the reason to not vote against is to avoid cancelation of the privatization all together, and the market price fall back to before announcement.

beside, no matter how high it is the quality of NTA, market price has been trading low for long time, it is very contradict we say that the boss should offer to buy at higher price while the market as a whole is unwilling to buy more than RM1.30 for such a long period. let say if PNB want to reject for this reason, why they have no increases their stack by buying from the market all this long, this would have pushes up he price to it's fair value.

anyway, I am just talking as 1 of the bilis that will vote for the privatization at RM2, earning profit more than 90% if the privatization success

@Redsea really hard to decide for you, but at least that is not borrowed money right?

minimal risk, great reward promised IF everything goes as planned. invest at own risk

HARBOUR NTA only 1.12 but price chasing up with SURIA already, MMC when below RM1.20 people reluctant to buy, now offered RM2 privatization and traded at RM1.80 above

SURIA please move haha

I would against anyone to go all in this counter at this point by the way, since there are also many other opportunities out there, and no matter how small the risk is, it still doesn't worth for anyone to go all in, not to mention invest with borrowed money that you can't afford to lose

@Nurimran87 it depends how much you believe the privatization will be success, are you willing to take the risk in between to earn that 10% discount?

in case anyone forgot or missed it

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3163886

The Board of MMC (“Board”) wishes to announce that the Company has today received a letter from its controlling shareholder, Seaport Terminal (Johore) Sdn Bhd (“STJSB” or “Offeror”), requesting the Company to undertake a selective capital reduction and repayment exercise pursuant to Section 116 of the Companies Act 2016 (“SCR Offer Letter”).

The Proposed SCR entails a selective capital reduction and a corresponding capital repayment of a proposed cash amount of RM2.00 for each ordinary share in MMC held by all shareholders of MMC (other than STJSB and persons acting in concert with them) whose names appear in the Record of Depositors of MMC as at the close of business on an entitlement date to be determined and announced later by the Board.

The Board, save for Sharifah Sofia Syed Mokhtar Shah who is an interested director, will deliberate on the Proposed SCR and decide on the next course of action. Accordingly, a further announcement will be made in due course after the Board’s deliberation.

Please refer to the SCR Offer Letter for further details on the Proposed SCR.

This announcement is dated 3 June 2021.

I don't bet too, I buy below RM2 because I know the boss will buy back at the end with RM2 at least, that is also if the market price itself still don't up by then