RM1 could be tough to achieve if big boss not buying.
fudrud
Come on fellow investors, what is your target price for taking some profit. I am looking for a price to book of around 1 which brings it in to line with SBM and Yinson. Thats around a ringgit.

9 hours ago

wow so many cases of theft, in commercial sectors as well as the government. Especially uncovered during pandemic?

Income

https://klse.i3investor.com/web/blog/detail/savemalaysia/2023-01-27-story-h-300077488-Revenue_Group_confirms_arrest_of_two_suspended_directors_by_MACC_over_a

OMG NO EYES SEE……….

Lim Ah Hock & Son?

SHAH ALAM: Two company directors claimed trial at the Sessions Court, here, for abetting an individual to embezzle close to RM11 million in funds from several companies.

Lim Ah Hock, 71, and Lim Pay Chuan, 53, both pleaded not guilty when the charges were read out to them, separately, before Sessions Court judge Rozilah Salleh, today.

Ah Hock was accused of partaking and abetting G. Paismanathan in cheating Chin Yit Wah to pay RM530,000 to Siaz Holding Bhd using Colas Rail System Engineering Sdn Bhd's funds for some non-existent engineering consultation works that included interface works with KVMRT PDP and MRT Corp.

He was accused of committing the offence at Pestech Technology Sdn Bhd's office located in Ara Damansara, Petaling Jaya, Selangor on Nov 16, 2017.

https://www.nst.com.my/news/crime-courts/2023/01/873976/two-company-directors-claim-trial-abetment-over-rm11-embezzlement

Crossing 57.5 sen then it would look good. Still no news big boss buying?

Wow, Ah Koon now eating young P*ssy, no more pineapple for breakfast? Confirmed?
FortuneBull777
"But i heard Grandpa Koon is now married to young wifey from Vietnam! "

Good morning, Chef kitchen talk, while the liquidator takes all.
Trust is a beautiful thing. Now everybody knows the Chef & kitchen crews cannot be trusted with money. Because of trust, many lose money. If I were the Vice President or whatnot title, go find a better job, Serba is a dead duck. Operations can still continue even though the group of companies is under an administrator, but employees' futures are not going to improve. Not now and not in the long run.

"We would like to assure everyone that we will be able to get back on track and continue to rebuild Serba Dinamik to greater heights," he said.

"We anticipate resolving the statutory issues through a three-year programme, tracked with milestones. The process may seem to have taken a little longer than expected, but we are confident that we will see better times ahead," Mohd Karim said.
https://www.marketscreener.com/quote/stock/SERBA-DINAMIK-HOLDINGS-34837516/news/Serba-Dinamik-We-trust-our-bosses-to-save-Serba-Dinamik-says-company-SVP-42750140/

Loss RM4 mil plus kacang to him? Surprising buying till September 2021 to average down. Most unfortunate still believe in Chef and his kitchen crew then but not the auditors. Despite the red lights flashing by the auditors, and lacking judgement supposedly shrewd people still buy.

Sslee
https://klse.i3investor.com/servlets/pfs/120720.jsp?stockName=SERBADK

See how Philip response when he finally realise Serbadk is an accounting fraud case of epic proportion.

Hope turned to sand???? Please donate to soup kitchens or to the poor, instead of buying no-hope shares. At least good karma will be with you.
Bradar
Strangely, people are buying at 1.5 vs 2cts.
43 minutes ago

0 seconds ago

The end for a stinky kitchen con?
Minority shareholders who were hopeful that Serba Dinamik Holdings Bhd would turn around as its senior management had only misstated the annual revenue for one financial year, must be disappointed now.
Last Tuesday, the High Court granted an order for six financial institutions to wind up Serba Dinamik and its three subsidiaries over debts totalling about RM5 billion. In short, the company will be liquidated.
https://www.theedgemarkets.com/node/651832

The problem is that the quality of clients is not on par with top banks in the country. So margin and risk exposures are high. Probably need to inject proactively new managerial staff & revamp the business focussing on high-value services.
Chokra
Perhaps EPF after this merger with MIDF should dispose off a big potion of its holdings in MBSB to other banking parties so that MBSB can move in a different direction. This current Board cannot bring value to MBSB. Let there be fresh blood with a different approach. This is my hope.

Not provoke, just to forewarn others that companies related to Chef be very very careful. Unless you got lots of money like Mad cat, then go ahead. This company trying to bullshit during RE boom. Inside empty.
aireez
actually what is THE PRICE ur looking for ... keep on provoke non stop where ur also know this year this company having a very good future and return daa
haahahahahaaaa .... do not underestimate the share holder lorrr

Auditor reported assets, liabilities etc total RM12 billion unverified. Ini bukan accounting but reporting by any school boy not real audit work.

Unabated confident tricksters should be jailed and keys to the lockup thrown away.
Serba Dinamik will rise from the ashes.
https://www.freemalaysiatoday.com/category/highlight/2023/01/12/serba-dinamik-will-rise-again-like-a-phoenix-says-chairman/

Nobody is going to touch tinted companies with connections with old owners shadows still managing this company. Private placements with owners' money no doubt.
shiningmoon
Reneuco and scib are into Private Placement now. If there are willing party, it's going to be exciting.

Sold Plantation in 2020, now buy almost vacant land? Reason food security business. Can anyone explain the rationale behind MD moves? Or because last time sold and make a profit and now buy land to start another plantation?
Jakel needs money to rebuild the outlet after 2 infernos. Suspicious fires may delay insurance payments. So is this a good buy opportunity for Harn Len? Looks like sell on news? More shares are to be issued at 70 sen a piece for part cash and balance in shares consideration.

More shares to be issued from the private placement. This shows company has no working capital. LOI with Indons just advertisement.

What opportunity? LOI non-binding, Chef macai said just exploring opportunities with Indons. Company must have good reputation and good working capital to work with Indons. Indons asked " Where's the money!" to exploit opportunities?
LiTech
It seems that the announcement will be anytime soon. The recent opportunity to work with Indonesia give them opportunity to add few more RM in the stock price. Get ready to ride the slope up

1 hour ago

Chef managing this company from Dubai? If true, then it is going to crash soon. Matter of time.

Biggest bumiputra company scam in KLSE history, where the guilty got off scot-free.

When all this MCIS thing is over Uncle Tan will collect back even cheaper. He has been doing this drama for years repeating and repeating with different actors.
gangnam
Lol...Uncle Tan has cashed out 600M BJCorp shares for a cool RM200M to buy SEM & BJland for what???

2 hours ago

MCIS guys can't be that st*pid to sell their stake via new penny shares in BJcorp. Overnight BJcorp shares collapse and they are left with nothing.
BursaVulture
everybody thought VT buying some bank, PBB.... in the end, just an insurance co and still nego.... but he sold so many shares already to meet the bnm requirement, if deal did not go thru, habis....

6 hours ago

Change the name to Renewco, but still old tricks. LoI with Indon also a big bullshit. Mutherco Serba tenggelam. Left with 5 bill of debts from Malaysia to the middle east.

Yeah hopeful at least 4% divi?
Yippy68
wait for fourth quarter result, may be 24 Feb 23

The last run-up of TG price was due to the syndicate making group calls to members on paid subscriptions. Suspected this guy looks for noise via data analytics.

I remember Jalil appointment turned out to be nothing but short term price booster. VT companies expended too much in properties via external financing and interest being paid for via Sport toto earnings. With Pas anti gambling agenda expanding the scope for gaming opportunity will decline. Soon Pahang only casino license will be terminated if PAS wins the next state election.

Anwar's former political secretary as SEM chairman, is this a good thing or a bad thing?

What is the game plan of VT?

JV with Kpower in RE. Prospects look good but what is the overall project value? The entire framework has not been announced.

https://www.sarawakreport.org/2022/12/wheeler-dealer-sultans/

Parking his shares under Kossan's TSLim so as doing a favour for VT as he need some financial back up when glove industry is having a tough time after the pandemic is over. Why did you erase your post? Cat out of the back?
sailang_now
Correct! VT is reaping maximum benefits by cashing out RM400m shares in BJCorp since no more steady income from BJCorp's 10 years Warrants since all expired. VT's using BJCorp's cash hoard for aggressive share buyback so downside is also minimal. He will probably get BJCorp to announce Dividend in Specie like last time as a sweetener for BJCorp shareholders including himself with 19.6%...lastly VT's using the cash proceeds from the RM400 shares sale to TS Lim from Kossan to buy more BJLand shares for what? since if BJCorp going to acquire a Financial Services License under BNM cannot at the same time owns a Gaming License from MOF under major Subsidiary BJLand...so BJCorp may have to hive off BJLand's 40% BToto shares to another entity under VT's control for maximum benefits. Is it ini kalilah? since BJLand's general public only left about 7% with another 4.5% owned by institutions? Also TS Lim from Kossan is no fool why spend cash to acquire 400m BJCorp shares from VT if not beneficial at all?

1 second ago

VT is scheming again. The last time with Jalil at the helm was disastrous. Now another proposed concept? Without external funds supporting it, it will be another failed scheme. Remember all his schemes will be for the majority of his maximum benefit.

True there are punters here. Those who bought at low prices and subsequently sold and thereafter tried to suppress the price to make another round. Traders are everywhere. Construction stock prices could be volatile as any underpricing of tenders in billions could bankrupt the company.

okasanboleh
I see. this is a typical Malaysian mentality. when a TYPICAL Malaysian investor invests in a stock, he/she will only like to see and accept good & positive comment. any comment not encouraging them, they will be unhappy. this is quite closed to blind.

I would take pjflower & wanutama2015's comments with intention to share. I will not take their comments as bashing this counter. I see both of them are giving valuable comments, and they might be the insiders without disclosing confidential info. but unfortunately investors do not like these type of comments...

to me, I agree that Gamuda is a leading construction in Malaysia, but to be world class, long way to go. do not think too big about this company, let's be realistic.

I do hope this counter prosperous as I have invested not less amount.

1 day ago

0 seconds ago

Whatever NAB available will be handed over to creditors and the balance eaten up by the liquidator.

Formula untuk Mengira Nilai Aset Bersih (NAB)
Formula nilai aset bersih terutamanya digunakan oleh dana bersama untuk mengetahui harga seunit dana tertentu pada waktu tertentu dan mengikut formula nilai aset bersih dikira dengan mengurangkan jumlah nilai liabiliti dari jumlah nilai aset entiti dan hasilnya dibahagi dengan jumlah keseluruhan saham tertunggak.

SD NAB is 0.49 sen...

Let's hope the Unity government doesn't act like the tebuk attap administration. This company will have to regularise its finances above the requirement of PN17. The only way is to taken over an active and profitable companies. Long shot in the dark. Good luck Mad cat!!!!!
Posted by willc48 > 3 minutes ago | Report Abuse

syarikat ini macam parti politik sakau. buat laporan tahun mecurigakan sampai tertangkap tapi VIP hanya didenda. Yang lain kena penjara.
... baik diurus orang Cina atau mat salleh. Lebih telus

Almost the end counting ........

Read within the lines of Amanat Hadi, the ultimate aim of Islamists all over the world.

Read Amanat Hadi as follows:
Saudara-saudara sekelian percayalah,
Kita menentang UMNO, bukan kerana nama dia UMNO. Kita menentang Barisan Nasional bukan kerana dia lama memerintah kerajaan. Kita menentang dia ialah kerana dia mengekalkan perlembagaan penjajah, mengekalkan undang-undang kafir, mengekalkan peraturan jahiliyah. Oleh kerana itulah kita menentang mereka. Oleh kerana itulah kita menghadapi mereka. Oleh itulah kita cuba berlawan dengan mereka.


Percayalah saudara-saudara sekelian,

Perjuangan kita adalah jihad, ucapan kita adalah jihad, derma kita adalah jihad. Bergantunglah kita kepada Allah dengan (menghadapi) puak-puak ini kerana kalau kita mati melawan puak-puak ini, mati kita adalah syahid. Mati kita adalah Islam. Kita tidak perlu masuk Buddha, Kita tidak perlu masuk Hindu, Kita tidak perlu masuk Kristian, Tapi kita menjadi kafir dengan mengatakan 'politik suku, agama suku'.

"But since when did the opposition want to replace the country’s Westminster-style government with an Islamic state? That is untrue as it has never been PAS’ agenda."

Target 60 sen, or lower? Top glove management said 10% growth on glove market , now company downward revision of production.
"Similarly, Top Glove revised downwards its original ambitious expansion plan of achieving total annual capacity of 204 billion pieces to 115 billion pieces in December 2025, whereas Kossan guided the deferral of near-term capacity expansion plans in adapting to market conditions and curtailing excess supply. "
Overstocking and intense competition from China.
Glove makers continue heading towards losses on overcapacity amid rising costs
https://www.theedgemarkets.com/article/aminvestment-sees-glove-makers-stumbling-further-asp-decline#:~:text=KUALA%20LUMPUR%20(Dec%2013)%3A,over%20the%20past%20three%20months.

4 seconds ago

Is anyone here able to confirm the statement below? Anyway, the Russo- Ukraine war & subsequent impact on energy supply will be good for solar as an alternative source plus the drop in solar panel costs will make them more viable venture.

The group mentioned that the partnership with ERS Synergy will allow the group to actively take part on the planet’s transition to web zero, in keeping with the Gamuda Inexperienced Plan that commits the group to scale back carbon emissions depth by 30% by 2025 and 45% by 2023.

The funding will develop Gamuda’s renewable power asset portfolio to over 800 MW within the subsequent few years.

https://solarenergytek.com/gamuda-to-acquire-30-stake-in-solar-energy-firm-for-rm200-mil/
The world economy is facing one of its worst years in three decades as the energy shocks unleashed by the war in Ukraine continue to reverberate, according to Bloomberg Economics.In a new analysis, economist Scott Johnson forecasts growth of just 2.4% in 2023. That’s down from an estimated 3.2% this year and the lowest — excluding the crisis years of 2009 and 2020 — since 1993.
https://headtopics.com/my/world-economy-heads-for-one-of-its-worst-years-in-three-decades-32564551

Now, the power equation seems to imply that PN is a threat to BN or for that matter UMNO. A 360 degrees turnaround when Pas & BN were once having a great time taunting factions within PH by-election one after the other and that ultimately cause the collapse of the PH government.

It would have been better if got the casino licence in Macao. If Pas/PN had control of Pahang, Genting Malaysia would be shuttered. All gaming and alcohol establishments would stop as in Kedah and soon Perlis. Even Langkawi cried for tourists and entertainment outlets requesting extended hours.

ismadi6601
Investors in Genting Malaysia Bhd will “likely feel relieved” after the company failed to win a provisional 10-year casino concession in Macau

11 hours ago

Congrats Mad Cat you finally caught a fish for your P*ssy. Fishy fishy.......

Fastest liquidation!!!!!!

Vicky
Congratulation for Pak Karim for the fastest down trend stocks in Bursa. Award wining counter !
2 hours ago

All selling out before prices crash to 2 sen.
AlanKLNg28
Breakout soon.

5 hours ago

EPF needs to manage MBSB properly to a full-fledged Islamic bank and get better members' returns. Dividends have to be paid if it is making a profit. The increase in interest rates will be catalyze for growth in business.
birdie65
If the merging of MBSB and MIDF is done through a shares swap, then there's a purpose or a conspiracy theory to keep the share price of MBSB low to benefit the current holders of MIDF.

2 months ago

Bulls, what facts? It is pure fiction. Anyway listing of rights should be next week. As in many counters, slowly the dilution will drive the shares down to the bottom.
sstan2
I'm not a fortune teller alenac.. All base on facts and not imagination
3 hours ago

0 seconds ago

3 seconds ago

Ukraine is winning the war, not Russia. Ukraine is defending their country, just as Vietnam & Afghanistan were defending their country from the Americans. History has shown that invaders lost most of the time.

No PM tickets for Anwar. It will be BN, PAS & Bersatu (maybe Pejuwang) + East Malaysia Winning camps coalition
sstan2
Road to PM tickets Anwar just received, Ismail Sabri received Half Ahmad Zaid received half, Mahiadin pending payment... Shafee unable to log in... Because Sabah no Internet Signal...

2 minutes ago

Oooooo Malaysia Dalil king. Confused all Muslims and is a member of the Brotherhood of Islam where Saudi Government brands the organisation as a terror group. The old man has got his facts wrong, he is senile compared to Mahhadey. Ex-Communist (CPM) member Abdullah CD attests that DAP, an offshoot of Singapore PAP, is staunchly anti-Communist. His statement is to fool ignorant kampung folks when GE is near.
Komunisme rampas harta peribadi untuk bela rakyat miskin, kata Hadi dalam siri poster #TolakDAP
FMT Reporters -October 19, 2022 9:15 PM
Abdul Hadi Awang berkata fahaman komunisme lebih bahaya daripada tentera penjajah kerana ia menjajah pemikiran dan membunuh akidah.
PETALING JAYA: Presiden PAS, Abdul Hadi Awang, menghangatkan suasana ketika negara bersiap-sedia untuk PRU15, dengan berkongsi beberapa poster di Twitter menyeru rakyat menolak DAP dan komunisme.

Poster pertama tertera “#TolakDAP” dan “Pro-Komunis”, serta memaparkan Hadi berserban dengan jari terangkat, berlatarkan lambang sabit dan tukul merah.

Menjelaskan betapa bahayanya komunis, Hadi berkongsi satu lagi poster “Teori Ekstrem Komunisme”, yang menulis “Membela rakyat miskin sehingga merampas dan memiliknegarakan harta peribadi”.

“Komunisme ialah fahaman sekular yang menolak kepercayaan kepada Tuhan,” kata Hadi memulakan catatannya.

“Mereka mengganas lebih melampau daripada penjajah yang beragama Kristian dan Yahudi.”


Tangkap layar daripada Twitter Abdul Hadi Awang.
Katanya, fahaman komunisme lebih bahaya daripada tentera penjajah kerana ia menjajah pemikiran dan membunuh akidah.

“Sebarang usaha untuk mengangkat atau membenihkan semula ideologi komunisme di tanah air kita seperti mana yang pernah dilaksanakan oleh DAP sebelum ini hendaklah dicegah dan ditentang habis-habisan,” tegasnya.

Sebelum ini, bekas pemimpin Parti Komunis Malaya, Abdullah CD, dalam wawancanan Malaysiakini pada 2019 mentertawakan persepsi yang menyamakan DAP dengan komunis.

Katanya, DAP merupakan pecahan Parti Tindakan Rakyat yang “terkenal sangat anti-komunis”.

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Foreign investors are watching closely the next GE in Malaysia. Who will be in control of the government after the GE? A kleptocracy 2 picked by the people will be disastrous for the country. Malaysia will then continue to suffer from the result of such a choice. Low exchange rate, the decline in living standards and the poverty trap of the majority.

After the rights listed sure will be below 5 sen. Anwar or no Anwar. No party will have a majority to form a government. ASB has no promising fundamentals just a gambling counter.

Good morning, Global gloves market still consolidating until mid of next year. Hit and run is the norm now. Buy low and sell high.

Whenever USA enter an economic boom & with high inflation, doomed gurus always predicted the end of the country. But the country always recovers to the dismal of detractors. In reality, if the US collapsed, the world would be in the worst shape.

End of growth. Historically no divi. The price heading south all the way. Turnover is low and declining. Next, you will hear of the change in business activity.