hope the above is true lol I just want $2 don't need $2.20 $2.40 $2.60 hahahaha

The 75% threshold translates to 36.18% required of total outstanding shares of which 27.55% fall under the larger instituitions (not unit trust funds) which we all know have agreed

This leaves 8.63% of total outstanding shares only that has to be "controlled". This includes the unit trust funds who are likely to agree

8.63% cost less than $300M in that covid meltdown period. At $1 it's only about $258M

TSSM and friendly parties probably got it lower than $1 during the meltdown

After having confidence in control they finally launched the SCR

MMC Top 30 used to own 90% of the shares back when I accumulated...only in 2020 this changed

Having accumulated enough shares under friendly parties...and with PNB's consent, TSSM finally launched the SCR

TSSM waited and waited and waited...until covid struck drove down MMC

At ths point EPF and Urusharta started selling down. Whether they sold on open market we dont know. Even if its on market transactinos it is likely TSSM who has been waiting has a bunch of nominees buying.

He was given time like never before. Almost a year for him to continue accumulation during which time EPF and Urusharta stake came down from 12-13% to 3%.

those who bought from 22/9 onwards cant vote

exception can instruct broker pick up on T day dont need wait +2

still, those who bought on friday 24/9 onwards cant vote no matter what lol

benteo78 must register to vote FOR everyone
24/09/2021 6:45 PM

Same same for many penny stocks...just that as many have said, Bornoil we feel more comfortable as there are some fundamentals there...........

MQ did not buy at 2.5-3.0 cents and sell at 3.0-3.5 cents...they merely distributed it to parties acting in concert to ultimately control this counter

MQ is proxy

No reason for MQ to do this in itself

Someone is using MQ as shield to have control of shares

MQ is a legal shield and nominees who own the shares via MQ need not reveal their ownership

Last round run to 9 cents they realised they dont have enough shares to justify the operation

So take a year to gain another 20% for control




lehubeng a good man...
give advantage to others....

give MQ 20% at a minimum of 0.025....(please don't think MQ is proxy...)
MAYBE buy from good friend 0.05 when open market only 0.03....

use company money for sbb at a higher price to make retailers happy and gain their confidence...


Good man....
24/09/2021 9:06 PM

Off market/ direct transaction

justin1njp https://www.bursamalaysia.com/market_information/announcements/company...

U c the announcement today.
2000000 unit n the money involved is rm 100k.

He buy 5sen ?
23/09/2021 9:23 PM

Hap Seng owned entity

hongheng7 Who are VICTORIA LIMITED?
24/09/2021 6:27 PM

like mmc right now 1.64 and below large queue but wont be surprised at all it falls to 1.54 then 1.44 lol

charts and momentum are not always right...at best 50/50 which means we cant tell at all whats happening behind the scenes. as u know very often a huge rise is preceded by a huge fall - and very often for no clear reason and fall till u scared and sell...

i3lurker share price dropped coz some big boys believe it will fail

thats what it means
24/09/2021 4:35 PM

yes u r right i am just assuming someone like SM already knows he has the 75%

Actually

We dont have to do our part to vote

SM already has the 75%

It's the 10% that can block which our vote wont help

Back all in 1.64 thank you TSSM

The irony

This exercise will only fail if it is so obvious that MMC has more than $2 to be realised by someone other than SM - so why worry when it comes lower and lower.

free money wei

https://www.malaymail.com/news/life/2021/09/15/eight-interesting-facts-you-didnt-know-about-sabah-and-sarawak/2005712

No brainer when it was below 80c

Karim&co. so cash tight it makes sense to declare dividends to shore up their personal finances...but we have seent his played out before. So long as trust issues not resolved, any attempts to use dividends, declare good news or contract wins, share buybacks, director buybacks...all only lead to sharks pushing it lower...

If there are rumours there aren't any from a reliable source yet...what i meant is if serba's problem is limited to those issues raised by KPMG then serba is ok at this price. At this juncture it looks like whatever the SIR outcome it's going to be better for share price.


dimmubroker From where the rumors that EY already confirmed KPMG report come out actually?

Did i miss the train?

Posted by UncleFollower > Sep 14, 2021 4:40 PM | Report Abuse

if the issues are only just as serba announced then even if EY concurs with KPMG serba is worth way more than this
14/09/2021 5:08 PM

Awang's force sell quantity is so small it does not contribute to the fall...more like the other way. Exit of the instituitional funds the last round allowed operators to accumulate large number of shares on sale, just look at the sheet vol...If they are in control it's very dangerous for Karim&co. They can keep driving it down below 30c force Karim's bank to sell and they buy on the cheap. We have seen that clearly happening to KYY back in Dayang...

dont be silly almost everyone sold otherwise how it fell lol

treatshijau have anyone sell all?
how is it going now?
14/09/2021 4:52 PM

How is WC having higher turnover than mother share again. What is this wei

where is the con lol it's all in the news

KPMG did not raise issues with cash balance so they do have 1B cash in hand

if they did that maybe serba 20 cents now lol

and they didnt use company cahs to prop up cash to prevent margin call by controlling shareholders

and then after force sell no more force sell - he topped up cash? if he has cash to top up why force sell to begin with...plus it really isn't a lot of $

then u see awang force sell also very odd...last round at that range no force sell. so he withdrew cash after last round share rebound???

this is the perfect time for whoever to play this stock - before clarity

there is almost no doubt nexis will approve serba...which makes it so odd again in view of the SIR

if the issues are only just as serba announced then even if EY concurs with KPMG serba is worth way more than this

so KPMG is running a real risk here

it's all odd...if there are issues beyond what has been announced, KPMG partners for the past 4-5 years must be personally liable

Yes it's quite interesting...just buy popcorn from GSC and watch drama unfold

what's worst, after wiping him out operators push it back to 1.60. How. Cry

worrying for karim not bilis...karim on margin if operators push hard enough + push some negative news out can wipe him clean....from multi B to zero. KYY's Jaks Dayang margin call pales in comparison...

10M shares at 46 cents now losing 1M. Poor Karim...

Poor Karim...happily doing multi-B biz then see his net worth evaporate. KPMG 1 little finger poke die

Pak Karim please don't take Serba private. We ride with you to $3.20. Bangsa Malaysia

Here comes the volume. Beautiful

02 Sep 2021 1,183,200 Acquired Direct Interest
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLOYEES PROVIDENT FUND BOARD (AMUNDI)

hopefully it's the former...because even bilis would choose mother share over wC at this price as valgrovest said. lets not forget today it's changing hands at 1.5c but last week 70M at 2.0c, when mother share 3.0c.....weird moves

psyhological level or charts...support is a moving number. now still appears to me its 37-38. major support would be last low where it bounced off sharply

only 2 possibilities...

if they are preparing for a pump to 7 or 10 cents, WC will make much more than mother shares. wC expiry still long way to go + if operators have control of price, WC is safe for them

or...they are doing a wayang show to lure in bilis like us lol and actually disposing WCs...

what do u think...

yes accumulating...or operators moving stock we dont know. fact is there was a huge buyer queue, seller cleared it, then buyer took out seller queue again. it's not that little money and not bilis move...

firesale below kamisah, brahmal, MRDIY price. Bilis win

the thing about a fundamentally strong company is you can ignore the noise and fluctuations, do nothing and wait for big gains