This should be a very valuable experience to those who are still holding on to their Serba shares despite many warnings have been given before - it doesn't matter if the allegation is right or wrong, if the auditor of a company raises even a single red flag, get out as fast as you can!

DK should just surrender himself to the authorities and give them his full cooperation.

Did you even care to try and understand TreeTopView's comment on your article?

"TreeTopView I don't hold any SD shares and have never held any shares in this company, however I am following this story to see how it develops. I believe my following thoughts are unbiased.

Something that I do not understand is how this story has turned into such a fiasco. Going back to May when these issues first occurred, surely the most logical thing for the company to do if they could not come to an agreement with their auditors was to IMMEDIATELY request a Trading Halt from Bursa. The share price at that time was around Rm1.60, so surely one of the company's main obligations to their shareholders was to protect their investment.

However, what has occurred is a public slanging match which puts SD under much more scrutiny and a share price that has plummeted to 35 cents. That is hardly looking after their shareholders interests.

If the CEO and Board were in total support of their reported financials, then that would be the logical immediate action to take. I would see an immediate Trading Halt as the first HIGH PRIORITY course of action.

I managed a division of a publicly listed company overseas for nine years and was obviously involved in major audits during that period and I have no doubt whatsoever that if there was a major irregularity highlighted that couldn't be explained and resolved, the CEO of the company would have called for an immediate halt in the company shares. Thankfully that never had to be brought into action.

I'm not pointing the finger at anyone yet in this 7 month saga but something doesn't quite add up.

Very interested to see the final outcome !
23/12/2021 12:19 PM"

TTT find it weird SD didn't request halt of trading from Bursa when a dispute between SD and KPMG emerged.

Since you've also included TTT's past comments link, why don't you take a look at what he has said regarding SD. Hardly supportive, to say the least.

--------------------------------------------------------------------------------


ǷearlꙌhite .
I just read treetopview's (https://klse.i3investor.com/servlets/cube/post/treetopview.jsp) comments in the article

https://klse.i3investor.com/blogs/Pearlwhite/2021-12-22-story-h1595744922-Serba_Dinamik_s_fruits_of_labour_to_the_truth_is_getting_closer.jsp

I don't expect everyone have the experience and critical thinking like him to spot the weirdness with SD, Bursa, SC and KPMG/EY case.

But at least, we are willing and are open to criticism when we spot something wrong and attempt to factually provide the correct facts and show the media power play.
.
28/12/2021 6:20 PM

Yeeeehaaa!

Buying interest is on the rise. Nice!

https://www.theedgemarkets.com/article/serba-dinamik-and-top-executives-charged-sc-submitting-false-statement-bursa?type=malaysia

KUALA LUMPUR (Dec 28): Serba Dinamik Holdings Bhd and its top executives have been charged by the Securities Commission Malaysia (SC) for submitting a false statement to Bursa Malaysia Securities Bhd — under Section 369(a)(B) of the Capital Markets and Services Act 2007. The SC is trying to locate Serba Dinamik group managing director and chief executive officer Datuk Dr Mohd Abdul Karim Abdullah.

I hope the authorities will hunt down PW too!

You created your account with your maiden post bigging up PW?

LOL!

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Haru_Joy Thanks PearlWhite for the write up. Very good article with facts. Continue the good job.....
28/12/2021 9:52 AM

Touch n go.

Gila woi!

I'm in at 0.61. The chart looks interesting. I'm quite disapppointed because Microlink has been in my watchlist for quite some time now but I didn't bother to study its chart before.

Still flying below radar LOL cantik!

If SD is still unable to submit the AR by 31st Dec 2021, I hope the management won't blame it on the recent flood catastrophe.

Up in silence.

When the time comes and PJBumi becomes noisy, that's when I'll offload my shares LOL!

That's the way,
Ah-ha ah-ha,
I like it!

I won't be surprised if rr88 shows up and claims he has earned 25 billion trading KNM shares after this.

Beautiful!

SD HQ is still operating as usual but I don't know about its subs.

Pearlwhite's recent post between 3pm-4pm today suddenly disappeared after leno brought up PW's previous post?

I won't be surprised if one day PW becomes an elusive figure like sardin81 and nedgeon in KNM's thread LOL!

-----------------------------------------------------------------------------

leno Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD
ǷearlꙌhite .
Oct 21, 2021 8:09 AM

COMPLETED ACTIONS FROM DETAILS BELOW

Manage cash flow and forecasts
- COMPLETED (30/9/2021 consolidated cash balances COMPLETED).

New financing initiatives will not involve Private Placement. and Rights Issue.
- COMPLETED

EY will provide finalised SIR to Bursa.
- COMPLETED

Bursa to request SD to announce SIR findings.
- COMPLETED.
Awaiting Bursa notification to disclose.

Complete 2020 audit and annual report as planned
- COMPLETED

Complete 30/9/2020 QR within time frame or earlier
- COMPLETED AND APPROVED.
21/12/2021 4:46 PM

Borsig or bonsai?

https://www.theedgemarkets.com/article/serba-dinamik-seeks-expunge-e-ys-factual-finding-update-report-given-bursa

Read the whole article yourself. There's no need for an excerpt this time but I can conclude it with a three-word question: why so scared?

Yeeeeehaaaaa!!!!

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bojed SNC bounced off its ema200 today.

This is very interesting.
20/12/2021 5:37 PM

SNC bounced off its ema200 today.

This is very interesting.

Hello!

My only regret is that I didn't bought at 0.085 because I was waiting for it to drop to 0.08. Had to ditch my plan and went in at 0.095.

GC ema7/20 first.

Next target: 20/50.

Go!

Cantik.

Yeeehaaa!!!

Yesterday golden cross ema7/50.

Today GC ema20/50.

This is very interesting.

No games anymore.

SD have finally admitted they have defaulted in interest payment.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218766

They won't be put under PN17. KNM received the same treatment as well due to the PN17 relief measure.

Go go go!

Are you sure it's a good sign?

From TA POV, today KPower gapped up with quite a low volume compared to yesterday. It's like building a house using a deck of cards.

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JuliusCeasar Moving north! Good sign
15/12/2021 12:52 PM

Go go go!

Very erratic performance from PJBumi so far LOL.

Before any of you guys decide to enter right now, please go and study KPower's TA and FA before Dato' Karim stepped on board. You can clearly see that KPower was almost a nothing company back then.

While I agree that anything can happen in the stock market, personally for me the risk outweighs the reward for KPower right now.

I hold the same view as these two guys here.

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InsiderShark impossible for profit to go up, karim is the magician, no magician how got magic numbers? run boys run, last chance to run.
14/12/2021 2:19 PM

nicholas99 karim here only got goreng goreng. no more here. maybe.. will dormant for a long time.
14/12/2021 2:29 PM

KPower was almost a nothing company before DK stepped on board. Today's spike is a reaction to DK's resignation.

You can look at this and study it for better judgement:

https://www.klsescreener.com/detail.php?code=7130

awesome20: PJBumi is a decent company but it needs to work on its profit to go further.

Bought the warrants at 0.11 and sold all at 0.155.

+40% in 8 minutes LOL!

I never knew it would be this exciting waiting for 10am to come LOL!

KPOWER - Trading Halt and Resumption of Trading
KPOWER BERHAD

Kindly be advised that trading in KPOWER's securities will be halted with effect from 9.00 a.m., Tuesday, 14 December 2021.

Trading in the Company's securities will resume with effect from 10.00 a.m., Tuesday, 14 December 2021.

Your attention is drawn to the Company's announcement dated 13 December 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218385

Dato' Karim has officially stepped down from his position as KPower's chairman.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218373

KPOWER - Trading Halt and Resumption of Trading
KPOWER BERHAD

Kindly be advised that trading in KPOWER's securities will be halted with effect from 9.00 a.m., Tuesday, 14 December 2021.

Trading in the Company's securities will resume with effect from 10.00 a.m., Tuesday, 14 December 2021.

Your attention is drawn to the Company's announcement dated 13 December 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218385

Dato' Karim has officially stepped down from his position as KPower's chairman.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218373

SD truly are the kings of the tak apa attitude LOL!

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Depeche @Bojed... think they're waiting to be officially informed they defaulted payment.... as nonchalant as ever...LOL
13/12/2021 11:00 PM

We refer to Bursa Malaysia Securities Berhad’s query letter dated 10 December 2021 and the news article by The Edge titled “Serba Dinamik subsidiary defaults on bond coupon payment” dated and published on 10 December 2021.

Please be informed that Serba Dinamik Holdings Berhad and its group of companies (“the Group”) have yet to receive any notice of default in respect of the outstanding USD222 million sukuk.

The Group shall update from time to time should there be any new development.

This announcement is dated 13 December 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218308

Does this mean SD have managed to complete the coupon payment within the stipulated time? Or does this mean they have actually defaulted the payment but they are just waiting for it to be officially confirmed?

I'm in at 0.36 and 0.12. Let's go!

Congrats to those who have earned from this counter this morning. You guys are the daredevils of Bursa LOL!

awesome20: can go either way.

There are already talks of forming class action lawsuits against SD in one of the biggest Telegram SD supporter groups that I'm in, and even some who used to be hardcore supporters have decided to turn the tide against SD as well.

I can also confirm none of pearlwhite's posts have surfaced in that group. None.

I'm not a legend and please don't put my name on the same list as rugirugi88kali ever again LOL!

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wallstreetrookie Look at the forum here

All the i3 legends are here
1. Imvu
2. Dompeilee
3. Pang72
4. Bojed
5. rr88
6. Paktua


Monday limit up lol
10/12/2021 5:02 PM

It's a good thing I decided to wait first. Or else I would've bought at 0.4 earlier.

Sudah-sudahlah tu imvu. Dekat bslcorp dah kantoi, takkan dekat sini pun nak lebur juga. Price action valid kalau EMA cun. Ini EMA pun berterabur, price pun bawah EMA, dah macam main tikam dah ni. Koman-koman pun tunggu price jumpa lantai dulu.

Golden cross ema 20/50 looks so close to happen.