You are right, tgat is we must be extra careful with our own money, extra² careful like only spare cash, test little first, never all in. You'll get it.

Greenhorny only read charts so we assume he never watch yesterday pc...tu la lain kali jangan baca chart saja bro...

Si duit,

Many are trapped, am sorry for your situation, just imagine epf (our money there) also lose big, trapped too, cannot dump all only little by little to avoid sudden 14th floor. This SD is a sad tragedy. But few realized it before going too deep, or have not invested at all like me (butvya i was tempted too at times). Do not listen to sifus, learn good investing skills as well, youll get back your money.

Si duit,

Communicating with SD audit committee (they are SD directors afterall, responsible for financial affairs). This is already working with the company after all works done with cfo (mgmt of SD) etc.

Siduit,

So you think SC with all their mights and arsenals just take up whatever cooked up stories kpmg say at face value? Come on, bro

Meow² is special case already.

Tut tut already liquidate at breakeven. No longer the swing player who bought at low 60 hoping to offload at 90 by september...too hot to handle i guess

Only people of sadly heavily invested in SB wish to not see the truth that shattters dreams, to the moon they said space...the final frontier, with AI developed by uni of SD. what a tragedy...

Bored already kpmg this kpmg that, just concrete evidence on queries and be done. Pusing sini pusing sana you holders rugi day by day...i dont know who will appoint kpmg after this fiasco, but petronas, nestle, ihh keeps kpmg (and bigger fees too) but petron change to pwc, aiyya you must not be inside the audit circle. It is common practice to switch auditors after quite a while. Kpmg pass to pwc, pwc pass to kpmg that circle la...they wont pass to shop lot auditor la. Aiyyo...be done with this issue, settle the audit query, simple la...pusing² uk la us la focus fanboys, focus...SD, audit query, evidence. Done.

Why deloitte get sued under SC? different clause dear. Deloitte failed to immediately notify SC. KPMG is quick right? Audit firm learns this lesson since then.

Aiyyo dont bring race here kawan², to quote mr singh in seniman bujang lapok, dia punya rezeki dia makan, lu punya rezeki lu makan, apa salah makan sama2...

No point dayknight, fanboys willl say kpmg did not call xyz, and when i commented it is not the best and only way to verify? They will say what do you know? When i say i am an auditor too, they quickly brush it off yeah you wish!

Congratz meow², dont play² aaa s320 gives lots of discretion to kpmg. Not an easy win. 4 billion? Even 1 billion might not see in 3 years while the former glory of 1.60 is history for years. Let sinks this in. Meow²

Joyvest, you think epf follow your point no. 9? Just citing someone here.... not mine.

Night all.

Ha ha..because the drama. No drama less posts ;)

Interesting, do you know how much ihh pays kpmg? 13 million. Oriental? 2 millions, you think kpmg bothers with several hundred thousands from SD that much? Sack kpmg la...itbis easy call for EGM within 28 days . Recover SD loss rep.

If fully impaired ( i hope not) then 3 billion errors would bring nta down from 89c to ooops...this is scary shit bro.

Kpmg still not resign after all these mess. It means SD can only dismiss them thru EGM (pc mentioned this). Lets see if it really happen, woyld epf, kwap, pnb stands with SD or not (they said against this last time). So, SD your call, EGM is easier than all these lengthy case (KPMG gangster as u said). Do these and i am sure some are happy with you stand clean from start. Hopefully.

Absboss, i attended every agm of companies i invested, i read the report and ask questions, they usually have hard time to explain...so i learn to conclude myself.

Kpmg is not that clean? Ok, so how about ey?
Also not clean to.

Ok how about let us just accept AR2020 without audit. Just trust mgmt. I am scared...

I guess others have shorter version than this one. I cant, i need to read the report.

Maybe 55c is already half of the average cost of majority bilis from 1.60 and then average down to 1.00 and then 70 and then 60? So much to lose below 55.

So, kwap below 5%, epf slowly disposing and at 9%, pnb? This is also interesting. Your thoughts?

Pharker

Since i rread SD ANNUAL reports since inception and concluded, it is very risky so i put my money elsewhere. The report help me to avoid SD in the first place. But it is also true when you time your price right, you still make money from SD, proven by our fellow traders here. But it is just me, i am an investor. I do not trades. Thanks for your advice though, appreciated.

Quarter report? It is already delayed and ahould be rekeased by end of this month (extension by bursa). This is al scary too...

And annyal report with all its loopholes and imperfections are one of my major resource to invest

Pharker. True, while all those rounds finish, they will be no AR2020 in sight, that is scary. I am not an academics, i work in auditing investing in only company i can fairly trust.

did kpmg said anything about SD a crook? None, all they say, is they went to proper channel (the audit committee of SD) and said that could not vouch several things, that it. Why is that so difficult?

All holders here you must understand shareholders are the one who approved auditors to protect you the shareholders from accounting magic. Yet, you blame the auditors doing the extra vigilant work for you? It is for your own benefits.

I say again, tut tut is brave. And know when to exit. Nasib baik tak tunggu rm1 in september. That dream is too far fetched though in malaysia anything boleh. Terbaik tut tut

It will be a qualification of account at least which would led to letter of query from bursa and more pressure to price, the thing SD try hard to avoid due to 19 consecutive profits meow²

Youre right alphashort kpmg is not perfect. So does others, but 120+ public listed companies got no issue with kpmg, that tells you something too, right?

Rr88, you are femes for being labelled as an opportunist by most, but i must say you still call a spade a spade. Hat off

It is hard for those trapped and SD fans to see your 4 points leno especially no. 4, they prefer the other version.

I suspect the latter. What they think partners of big firms do not have whatsapp group? Silly SD

@ inv3stor, interesting right? Pum pang pum pang...not yet appointed EY...what a mess

Only people in audit understand this, just citing our fellow fren SN

I understand many are trapped here, hence the denIal, hope you could get back your capital. Even the big boys did not see this coming. Such a tragedy...

@probability SD Think talking to client is the only evidence to vouch for transactions? weak justification. It is not. To auditors, talking has less weight compared to documents, similar to court evidence, unless it is the only way left, refer this to malaysian standard of auditing

@ekkram epf start selling to buy top glove for dividends...just citing meow²

I concur. The better route to take, ey their boys. Then only sue kpmg if it is true

@probability Well it depends on the engagement letter signed by both the management and kpmg (usually standard and lots of escape clauses in favor to auditors). Hard to say SD could win 4-0, but maybe they can score 4-2 on other angle.

Still i believe tut tut has made a prudent move by selling off today even at breakeven. Not sure yet how much epf sold on 18, 21 and today.

Epf disposed again...not good

You guys continue supporting SD ok. I am out for a while for 2-3 days. Hopefully you guys could make some profits too but careful with this SD, drag simple things long long...I was worried last time but now I am even scared, not like you guys. All the best

First kpmg open mouth, ok we may want to say aiyya kpmg, you settle belakang boleh, teruklah u. But then sd after few taichis appoint ey...ok this is still good to me, prove they are not worry a bit. But then sue kpmg prior to audit report release and ey result. This is the biggest funny idea, wait for ey lah, your boys right? It is very clear now things are not as clean anyway.

Why sue kpmg? Just wait till ey finish is better. Different result? Then only sue kpmg for negligence. Even that cant wait. Fishy SD

This will be a very long episode series. Thank god i am nit outting my money here. There are other equally good companies out there. To holders, as usual, all the best

Sue kpmg. This is interesting.

Ok, it is a relief that meow² still here...thot has abandoned already. Tut tut has left SD temporarily at somewhere breakeven waiting for a reload.

I know sharks are not buying, volumes is not that big to indicate sharks has returned. Two things happened today. bilis to another bilis + sharks to bilis too (quite possible). All the best bilis!, tut tut has thrown the towel on SD (hats off, prudent move tut tut), meow² yet to be seen. Perhaps still stay because of 16 consecutives profit. We'll see.