EmperorFund My sources confirmed:

Why no Bursa announcement? I guess because you learned from Karim and are blowing smoke

Steady Punpipi Innocent Until Proven Guilty .. Go go go

You would have made much more putting your money in SCIB

Steady Punpipi Come back more stronger Serba Dinamik !!!!

The higher it gets, the further to fall.

thenetkf 5279.KLSE Serba Dinamik - Look at D/E-Trade Receivable = >2.5. Therefore Debt is more than Equity. Another ??? - In assest have $1b tool and equipement no disclosure. Are these real?

Maybe, the 2020 accounts haven't been signed off by an auditor. The general consensus is that SD is bankrupt. Too many receivable, unverified stock, massive debt, questions on income and cash, if correct, that will run out supporting operations by October.

killshorties @PSAi3alert I do agree that Mabel is not a female.. Because he say " we still love those males thingy".. i have few girlfriend but now female will say outloud that they love males dck,.. so either Mabel is a soft male or ladyboy. either way, Im all in with Mabel, queuing @ 0.34 for Serba

Shorting @ 0.34 or your TP?

EmperorFund My sources was right BDO is the new Auditor and EY accepted the deal !

Just as credible - KPMG is right, BoD arrested by MACC for questioning

Show us the link

PSAi3alert My analysis above has proved that you are male. I asked my mom for an independent review. She's 100% female. She said Serba will be suspended tomorrow.

That is why the Fanboys are out in force OK, wrong word, let's say numbers). Their last opportunity to milk the ikan bilis.

Fanboys (including Mabel) out in force to try and lure the gullible.

Altruists trying to improve the lot of the gullible?

or

Trying to feather their own pockets?

Tread with care

Mabel Brent has already breaches USD 75 and is expected to climb to USD 80 to USD 90 by this year.

I thought Serba were boasting only 40% if income from O&G?

Steady Punpipi Also a strong believer in SDK ...lead by Karim and Team ....Thanks EPF and KWSP to dispose their once golden goose to prihatin B40 recipient like me

Current status:
Kpower: up 11.9%
SCIB: up 19.4%
Serba: up 1.5%

The market showing confidence in Karim

Steady Punpipi Keeping safely in my safe until all this dramas end....can keep 5 to 10, years also no issues

Good plan, once the BoD step down they should start to increase in value.

Steady Punpipi Relax ....why bother with the past ....unload your excess baggage and move on ....like boss Karim said business as usual without interference ....I believe Bos Karim has plenty of positive news waiting to announce when the time is right ....only time will tell ....

Business as usual. Blowing smoke and conning people.

And indeed time will tell

Did you buy up your idol's forced sale shares?

Uncle_Lim That's why it only happened during mco ma. Intern auditor work from home made the mistakes without guidance from senior. That's why serba said their work like shoplot level only

Keep swimming against the tide, you will get fit, look younger but won't cure certain other issues you may have such as the ability to recognise reality when you see it.

Uncle_Lim KPMG hire new intern mah, work from home summore no one guide new hire until make the mistake. You think Karim dare to sue if he's on the wrong. This is not cinaman company ma cook book and underground money

Do you think Bursa and SC wouldn't have announced it already if KPMG were at fault? Ditto EPF, etc. would not have bailed out.

Karim has no choice but to go along and buy time to get his money out of Malaysia and join Jo Low in hiding

Steady Punpipi Vanguard Ownership of SDK

https://fintel.io/so/my/5279wa

Thanks EPF for disposing cheap to Vanguard

I guess you are just incapable of telling any truth. Your idol has trained you well

Steady Punpipi My personal Salute to Karim and team ...business as usual without interference ...

Yes, blowing smoke and conning the people.

Serba going nowhere until the BoD step down

Steady Punpipi Oledi advance Q some at 0.330 ...last check at 5pm = 5 mil Buy Q . Tmr 0830 am will check again to verify ...good luck to those SDK supporters ya...only invest with your spare cash ....no margin or contra ...

Of course, not a buy or sell recommendation, just encouraging people to lose their money

Alex™ Kenanga tp 2.8

sen?

shybutter Considering that so much is at stake for the company and its investors at this moment, below is an update shared with FocusM by chairman Datuk Mohamed Illyas Pakeer Mohamed on what Serba Dinamik is doing “to turn the tide around”:

"Trust me" From the mouth of the lying Chairman.

Michael Kwok The counter should be suspension.Should let the news just pass.KPMG had done its wrong.Should not let the news out.Complain to the owner first (the big shareholder or 2 big gun in SB).

Read the previous posts. KPMG discussed their findings with the EDs who didn't like it and tried to force KPMG to change it (and asked Bursa for an extension to give them more time at bullying KPMG). KPMG then presented to the INEDs who were probably too scared of Karim to say anything. KPMG then went to Bursa / SC as is their obligation to do when they red-flag the audit results.

Then Serba MADE IT PUBLIC and started a campaign to discredit KPMG and that is till ongoing on this board by the Fanboys. However, the campaign misfired with the 5th May presentation on what they say KPMG found, concentrating on minor issues and not the ELEPHANT in the room, being the receivables, stock, etc. However, its real downfall was the PC where the Chairman lied.

The market has demonstrated its faith in the Serba BoD.

Change the BoD completely and Serba's fortunes will start to look up. However, bear in mind no one knows the actual status of the company. I think we can be reasonably sure it is not as reflected in the Q5 report.

zwchong As per my own opinion on financial management, SD is at the dangerous position being take over by other company if the price is cheap! Especially when Assets are more than the price value!!!

Unfortunately nobody knows if the price is cheap, which infers having a value, or just low priced because nobody really knows what the financial status is - although KPMG should have a pretty good idea.

Serba have been hiding something.

greencode Mark my word this is the bottom price didn’t change much from yesterday n today. Limit up in the making all in my win from sedania now . I use my profit la. Hahha principal tarok di dnex . Muaahhh . Limit up serba . Love you. Wanna add some 3rd stewardess to keep me hot every night

Careful, the stewardess's may have covid and you may suffer and die

Serba will just make you poor

Raiz368 Only today can buy curr price...buy now before regret

Probably correct, the next days likely to be lower

Huangbk72 SD now is day trader feeding ground..... jump in if you dare..

For investors....

1) Wait till BOD change
2) Audit Report completed
3) SD take impairment hit.

Then decide how much worth is the share...

This plan will achieve the needful to save Serba, other than 1) Wait till ALL BoD change

Steady Punpipi Latest Updates

Karim and team busy with 1st teleport, network operating centre launch ceremony in Msia ....make Msian and Malaysia Proud in the eye of the world ....Thanks On behalf of All Malaysian ! Business As Usual ......without interference

Indeed, business as usual, continue blowing smoke

garyloh who is selling 0.2??

The buying and selling queues tend to get out of sync after trading has stopped. They will change at 09:00

Steady Punpipi Serba Dinamik activates 1st teleport, network operating centre

Another warning sign not to invest. A company with such a broad spectrum of services cannot be efficient. However, allegedly, Karim's "investments" appear to go immediately into profit as soon as he touches despite market conditions.

Musk and Bezos worked for many years before becoming successful. Despite Karim's double PhDs I very much doubt if he has the same IQ or drive as those two.

When something looks too good to be true ...... wear a gas mask

EDINVESTOR MOF never mentioned that the interests is being carry forward. In the end borrowers still have paid. No free meals

I believe the main thing is the interest will NOT be compounded.

arv18 Teleport to holland is it?

:)

Steady Punpipi. a little task for you (as you sit on the Serba BoD). With which of the "Network Innovations" companies has Serba entered into a contract? There appears to be more than one.

Steady Punpipi Money talks ...I also want to be assistance to INEDS if can ...ahahaha

Won't they be reporting to you?

newbie128 Take the company private la end all this sc, bursa and audit issues so management can focus on their job. If serba profit is real at 1.2bil market cap easy la for boss karim and mr chairman. Just 1 year of serba profit can settle the privatisation works hehehe.

Why need battle so hard and sue kpmg. At 200mil profit per quarter which bank or even pnb/epf wont help serba to privatise. Unless something is not rights….opppssss.

IF Serba profit is real being the operative word.

However, if fraud has been perpetrated within Serba as a listed company, those responsible have committed a criminal offence and are liable whether the company goes private or not. They may even be in a worse position if privatised as shareholders may have more grounds to sue.

newbie1111 Why are SD publicly bad mount former INED as weak and lack crisis management abilities, why did they appoint all these directors if they are so terrible?

You need to consider the capabilities of the EDs who were instrumental in forming the BoD. They are the prime reason Serba is in a mess.

Karim needs people who do what he tells them to do. He pushed the last INEDs too far too often

Steady Punpipi Group MD and CEO Datuk Dr Mohd Karim Abdullah (picture) told The Malaysian Reserve (TMR) yesterday the group has identified some credible individuals with strong integrity and reputation from their previous work life to fill in the vacancies following the resignation of several board members last Friday.

“These are very highly reputable individuals who have garnered the respect from the public at large during their tenure serving the people of Malaysia.

“So, there will be more credible and stronger figures who are coming to take up the vacancies left by the exiting directors,” he told TMR.


Meaning the ex-INEDs were disreputable?? Which also calls into question the competence of the CEO in not recognising that earlier. However, that is totally in line with hiring the lying chairman.

We all know the only reason the INEDs left is because they refused to be bullied by Karim any longer.

We can expect SSDD from his new cronies

kubabala KUALA LUMPUR: Serba Dinamik Holdings Bhd will finalise the appointment of Ernst & Young Advisory Services Sdn Bhd (EY) as its independent reviewer in one to two weeks.

This is not "news". Where have you been for the last few days?

Serba have been put on the spot by Bursa with a Friday deadline to enlist EY.

OrlandoOilSemiconIoT X

OrlandoOilSemiconIoT Average man on d street stock kingdom keeps interpreting things wrong



As you are a Fanboy, I guess you consider your version of events to be correct?

As I said, keep swimming against the tide, you will be fit but physically and mentally exhausted.

Steady Punpipi If Bursa wanted too suspend or delists SD , I highly doubt so ...no chances of it even happening at all...

Read the recent news instead Bursa SC is assisting EY with the audit matters .....how nice ....

And also SC as per the requirement of EY to take on the review. EY know there is effluence to be uncovered.

Steady Punpipi Rm 1 billion cash can settle many issues during covid 19 worst economy.....who dun want or complaints about extra income during these difficult time ? Like my ex pm LKY once said “:No free lunch...you have to earn it

And the missing RM4b doesn't leave much over for dividend. Not forgetting the high cash burn for operations - what is the RM1b worth, 3 months of operations.

Not a buy or sell call, just be aware the Fanboys have vested interests.

telurgoreng Yes Reap88, there is no auditor after KPMG resigned.


This may enable traders to keep trading:

"Bursa Malaysia said a company that had triggered the suspended Practice Note 17 (PN17) or Guidance Note 3 (GN3) criteria between July 1 and Dec 31 this year will be given an 18-month relief period"

https://www.thestar.com.my/business/business-news/2021/06/17/two-additional-relief-measures-for-listed-firms

So few shares traded in the last 45 minutes. Price managed up to unload shares after lunch?

Steady Punpipi Serba Dinamik to rejig board with reputable appointments

Meaning the ex-INEDs were disreputable?? Which also calls into question the competence of the CEO in not recognising that earlier. However, that is totally in line with hiring the lying chairman.

We all know the only reason the INEDs left is because they refused to be bullied by Karim any longer.

We can expect SSDD from his new cronies

Steady Punpipi Profits taken...waiting for lower entry ...thank you SD

I guess you should be well and truly grateful to Karim and cronies for getting Serba into such a mess that trading is profitable. Make sure you don't get caught our holding this pm.

Is anyone reading the tea-leaves? Will the price go down further?

Steady Punpipi Dun know why my broker told me SD buyer ratio to seller 10:1 .....meaning mostly accepted the news positively

The scorecard yesterday (28th June):

Serba: 20.7% down
SCIB: 22.9% down
KPower: 16.1% down

The KLCI has been depressed overall, however, my portfolio which no longer includes any of the above is down only 0.51%.

It is very clear the punishment that Serba is taking is also reflected in the other shares in which Karim is significantly involved. Therefore market sentiment is not against Serba but .....

alphashort with continuous good profit, I expect all holders to get their dividends soon

It's not looking that way at the moment

lapidmalik90 So far Serba Dinamik has complied with all the demands requested by regulators and shareholders alike. New auditors in, trying to recover lost capital is also there.

Any suggestion on what else Serba can do?

Fire the BoD, most issues will be solved, just a question of addressing the phenomenal debt

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3170500

A modest amount

Uncle_Lim EY: where do you guys found these noob auditors?

KPMG: all from LGE previous administration.

EY: no wonder. Decimal also wrong

The scorecard today (28th June):

Serba: 20.7% down
SCIB: 22.9% down
KPower: 16.1% down

The KLCI has been depressed overall, however, my portfolio which no longer includes any of the above is down only 0.51%.

It is very clear the punishment that Serba is taking is also reflected in the other shares in which Karim is significantly involved. Therefore market sentiment is not against Serba but .....

AlsvinChangan SERBADK latest update

Buyers bought over 610 Millions SERBADK today

Indeed and sellers sold 610 millions serBADk today

Mabel This mean they know Serba and TG Team are all Future Millionaires one ...

Only those that started as billionaires