@Gerrardo: You said you never look at this grade but you seem so happy with Fitch giving B+ to Genting that you couldn't refrain yourself from posting this 3 days ago:

"Gerrardo Good news for GenM holders

Posted by ALrookie > Nov 8, 2021 8:57 AM | Report Abuse

KUALA LUMPUR (Nov 7): Fitch Ratings has assigned Genting Malaysia Bhd's indirect 49%-owned associate Empire Resorts Inc a final "B+" long-term Issuer default rating (IDR) following the closing of Empire Resorts' new US$300 million (about RM1.25 billion) senior secured bonds and fresh US$75 million holding company (HoldCo) loan.

In a statement on Friday (Nov 5, 2021), Fitch said it had also assigned a "BB+"/"RR1" rating to Empire Resorts' senior secured notes.

"The rating outlook is stable. The stable outlook reflects the property's recent healthy operating performance and regional gaming's broader solid recovery.

"Empire (Resorts) completed a recapitalisation that included US$300 million of senior secured notes, a new US$75 million HoldCo loan, and a US$150 million preferred equity investment by Genting Malaysia," Fitch said.
09/11/2021 3:35 PM"


https://klse.i3investor.com/servlets/cube/post/gerrardo.jsp

Oh the irony...

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Gerrardo I never look at this grade actually

Hee

Posted by Trader258 > Nov 12, 2021 5:59 PM | Report Abuse

KUALA LUMPUR (Nov 12): Fitch Ratings has downgraded energy-service provider Serba Dinamik Holdings Bhd's long-term issuer default rating to "C" from "CCC-".

In a statement on Friday (Nov 12), Fitch said it has also downgraded the rating on the senior unsecured sukuk due May 2022 and March 2025 to "C", from "CCC-", with the Recovery Rating remaining at "RR4".

The rating agency said the downgrade follows the confirmation from Serba Dinamik that it had missed the interest payment on its 2022 senior unsecured sukuk and entered a 30-day grace period.
12/11/2021 6:05 PM

If it ends up like this, then what I theorize yesterday will become true, which is this OS will be about finding ways to be dischaged due to technicality rather than upholding the truth LOL!

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InsiderShark Bursa says release the SIR report
Serba says no FFU report

Bursa says go find someone to do SIR
Serba says why you force me to choose EY?

Serba playing with words, pusing pusing, deny....
11/11/2021 1:10 PM

I support SD's move in challenging E&Y Consulting's position as an auditor registered with the AOB IF it was done within the first month of appointment.

But to do so after Serba themselves appointed E&Y almost 4-5 months ago, and only after their counter was suspended by Bursa? SD have played themselves into this issue as well.

It's a good thing you got kicked out of that group. I'm still in that group just to observe their reactions and all I can say is it is worse there than it is here.

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InsiderShark It is too late to do anything anymore. I was kicked out of the Serba 2.0 Telegram group for telling people not to average down.... not sell ya, just dont average down. Well... I tried my best to save many lost souls that was eaten up by Karim.

Serba is now in ICU or Morgue, I dont know which.

Those that think can limit up when or if trading resumes need to wake up. Those in KPower... faster run before it is too late.
11/11/2021 8:08 AM

KUALA LUMPUR (Nov 10): Serba Dinamik Holdings Bhd is unable to complete its purchase of an eight-storey office building in Cyberjaya, according to the vendor Awanbiru Technology Bhd (formerly known as Prestariang Bhd).

Awanbiru said the RM24.2 million transaction was called off after Serba Dinamik failed to complete the purchase in accordance with the terms of the sale and purchase agreements (SPAs) inked in February.

https://www.theedgemarkets.com/article/serba-dinamik-unable-complete-rm24-mil-office-building-buy-deposit-forfeited

I'm at a point where I'm starting to feel a little bit sorry for SD at the moment.

Maybe it's because I'm feeling sleepy but sometimes I do wonder if SD's issue is more than the accounting itself?

To my limited knowledge, usually it's people with big influence/political power will go rogue like this in order to protect their interest. Or perhaps I'm just thinking too much LOL!

PSAi3alert: Yup, that's why I said I don't know how SD are going to fight Bursa on this issue. It looks like it will go down to nitpicking technical stuffs like definitions and grey areas in laws.

I wonder why SD are so hasty in blocking EY from releasing the FFU to the point of seeking legal actions against them LOL!

Ya betul tu. Benda lain boleh konar lagi tapi hat ni kalau konar juga memang ikat simpul mati terus la jawabnya.

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roslaom Nak tengok jugak net gain from owed by client minus owed to subcontractors cash tu masuk account scib or just another trade receivables.
10/11/2021 9:06 PM

This is the announcement made by Bursa on 29 June 2021 regarding SIR:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3171055

I don't know how SD are going to battle this one out against Bursa, but if they do want to play this kind of game, it will almost certainly be down to technicality, and who knows how long this will take to conclude the verdict.

Almost 15 years of dwelving in laws, regulations, compliance, SOP and whatnot, you can almost always see things like this right off the bat LOL!

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bojed This OS looks more like finding a way to be discharged due to technicality rather than upholding the truth.
09/11/2021 8:19 AM

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3208204

After nearly 5 months of appointing E&Y Consulting Sdn Bhd, only now Serba decided to challenge E&Y's status as an auditor according to the MMLR?

What have they been doing all this while?

I'll give them the benefit of the doubt, maybe SCIB were duped by those companies LOL!

Peterchua: For a company that awarded a USD60 million contract to Serba and a USD62 million contract to SCIB, I expected a very professional website but I was served with what looks like a HTML project back in dot com boom age.

Pavilion Qatar's organization chart is one of a kind too. See it for yourself here: http://www.pavilionqatar.com/organisation-chart.html

Serba's USD60 million contract https://www.theedgemarkets.com/article/serba-dinamik-secures-seven-contracts-0

SCIB's USD62 million contract https://www.theedgemarkets.com/article/sarawak-consolidated-industries-bags-two-contracts-worth-rm271m

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3208020

Finally, after relentless exposures done by some of the diligent posters here, SCIB have finally done something with the much elusive Pavilion Qatar, which heavily suggests there's something off with PQ. I wonder what will happen if nobody brought up about PQ?

Maybe SD will follow suit soon too? Afterall, SD have big projects with PQ.

Go to Pavilion Qatar's website and see it for yourself. For a company that's suppossed to be established since 2009, it's kind of funny its website was only published in 2021. Mind you, this is a company that awarded $60 million contract to SD back in 2019.

Finally, after relentless exposures done by some of the diligent posters here, SCIB have finally done something with the much elusive Pavilion Qatar, which heavily suggests there's something off with PQ. I wonder what will happen if nobody brought up about PQ?

Maybe SD will follow suit soon too? Afterall, SD have big projects with PQ.

Go to Pavilion Qatar's website and see it for yourself. For a company that's suppossed to be established since 2009, it's kind of funny its website was only published in 2021. Mind you, this is a company that awarded $60 million contract to SD back in 2019.

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gloveisgreat https://m.malaysiastock.biz/Company-Announcement.aspx?id=1360959
10/11/2021 1:00 PM

20 days left.

Casting my fishing net at 2.25 for tomorrow.

This will be a long ride and the reason is pretty simple: not only the current price is below ema200, but ema7, ema20 and ema50 are all below it too.

It will take quite some time for those 3 emas to cross above ema200.

Suspension is real.

This OS looks more like finding a way to be discharged due to technicality rather than upholding the truth.

"KUALA LUMPUR (Nov 8): Being the frontline regulator of the capital market, Bursa Malaysia Securities is entitled to exercise its power pursuant to the listing requirements in the interest of maintaining an orderly and fair market, said the stock exchange in response to the legal action taken by Serba Dinamik Holdings Bhd.

Bursa stated that it will be defending its position vigorously and will not abdicate its statutory roles and functions in the marketplace."

https://www.theedgemarkets.com/article/stock-exchange-entitled-exercise-its-power-says-bursa-response-serba-dinamik-lawsuit

"Other interesting highlights of the press conference include Serba Dinamik maintaining that many of the issues flagged by KPMG were “trivial” and questioning ­KPMG’s move to alert Securities Commission Malaysia (SC) in May, which led to the SC investigating the company."

https://www.theedgemarkets.com/article/drama-serba-dinamik-continues

Who knew flagged "trivial issues" would eventually lead SD to issue OS against Bursa?

LOL!

I have to wonder, why did it took SD almost 5 months to challenge the appointment of E&Y Consulting Sdn Bhd?

As if the plot wasn't thick enough before, it thickens moreso now.

Buy at pullback.

Ema50/200 golden cross has emerged in its weekly time frame.

Let's go.

It's still in the early stage of the buying zone.

The last time PTrans hit 0.7, it was nearing the overbought zone.

I know many look down on TA, saying that it's not important, it's easily manipulated etc but many top investors also use TA to determine their EP.

We invest in a counter due to its FA but we enter or exit based on TA. Those who got burned at the top of TG last year will definitely vouch on this one.

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bojed I might be wrong but DNEX is currently at the beginning level of overbought. This overbought phase can usually be extended for up to 3 days.

I don't care that much because I've been holding at 0.75 since 21 September but for those who are going to buy today, please be careful and don't let your euphoria get the better of you.

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Stock: [DNEX] : DAGANG NEXCHANGE BHD

Sep 22, 2021 2:12 PM | Report Abuse

Bought 1200 lots at 0.75 yesterday.

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bojed VCP detected.

I'm going to buy big tomorrow.
20/09/2021 12:59 AM
03/11/2021 8:16 AM

I might be wrong but DNEX is currently at the beginning level of overbought. This overbought phase can usually be extended for up to 3 days.

I don't care that much because I've been holding at 0.75 since 21 September but for those who are going to buy today, please be careful and don't let your euphoria get the better of you.

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Stock: [DNEX]: DAGANG NEXCHANGE BHD

Sep 22, 2021 2:12 PM | Report Abuse

Bought 1200 lots at 0.75 yesterday.

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bojed VCP detected.

I'm going to buy big tomorrow.
20/09/2021 12:59 AM

Today's drop in price is understandable because it has been overbought already.

To me, the main concern is that today's volume seems to justify today's drop. This is a bit worrying as there's a 9 sen up gap left last week. Keep a close eye on your exit plan.

All tjr best.

5th November 2021 - The birthday of Sultan Perak.

Trending counter.
Stoch RSI oversold.
EMA 7, 20, 50 and 200 are all in order.

I'm going in hard tomorrow. I'll cut if it goes down 7%.

At 0.665, PTrans is currently sitting on its EMA50. It's heading toward the oversold zone.

It was trading above RM2 earlier this year but now it's trading at more or less the same price as KNM's.

It's such a pity how the mighty have fallen.

No. That's AR.

SIR is expected to be released this month, but I guess it might be released together with AR on 30th November.

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Hop333 >Today is the deadline for SD to announce their SIR right?

No, extended to nov 30
29/10/2021 4:54 PM

Today is the deadline for SD to announce their SIR right?

Luckily I managed to escape with +30% before everything went down.

I don't know about you guys now but last year our warcry in K1 is "Tomorrow!" hahahaha good old days.

https://kerjaya.co/kerja-perak-transit-berhad/

RSI is almost 0, which means it's nearing oversold :)

0.68. This is a bit dangerous. Better be prepared.

"Tony yang juga Ahli Parlimen Damansara itu berkata, kegagalan juruaudit untuk menjalankan profesionalisme dalam tugas mereka untuk melindungi pembayar cukai Malaysia adalah perkara yang sangat serius.

Justeru tegasnya, satu contoh mesti dibuat untuk memastikan tidak ada juruaudit dari entiti kerajaan yang akan berkelakuan sama seperti KPMG yang boleh menjadikan Malaysia kleptokrasi terbesar dunia kerana skandal 1MDB bernilai RM50 bilion.

Terdahulu, dalam pernyataan tuntutan dari kerajaan Malaysia, plaintif mendakwa antara tahun 2009 hingga 2014, sebanyak AS$5.6 bilion telah dilesapkan daripada 1MDB atau anak-anak syarikatnya di bawah arahan bekas Perdana Menteri, Datuk Seri Najib Razak dan dilaksanakan oleh pengurusan 1MDB, melalui pelbagai transaksi memfraud yang dilakukan terhadap 1MDB untuk manfaat Najib dan sekutunya, yang bertentangan dengan kepentingan 1MDB, Menteri Kewangan (Diperbadankan) dan negara ini."

The main reason why DAP(Tony Pua) told the government to stop appointing KPMG as the auditor of companies related to the Malaysian government is because KPMG have failed to flag suspicious transactions in 1MDB's book, thus jeopardizing taxpayers' money.

In SD's case, KPMG did the opposite of what they didn't do when they audited 1MDB, which is flagging suspicious transactions and figures. Maybe they were seeking for a redemption of some sort, I'm not sure.

Anyways, we're just one working day away from knowing the truth. Maybe SD is right, maybe KPMG is right or maybe both are wrong LOL! It all depends on the much awaited SIR.

I'm off for island hopping activities. You win some, you lose some, that's life. All the best!

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solomolo ........

Hentikan firma audit KPMG dari terus audit syarikat kawalan kerajaan, cadang DAP
Oleh SITI NUR ZAWANI MISCON / July 19, 2021


https://malaysiadateline.com/hentikan-firma-audit-kpmg-dari-terus-audit-syarikat-kawalan-kerajaan-cadang-dap/

..........

28/10/2021 8:33 AM

Yup, dividend ex date tomorrow. Might take quite some time to go back up after tomorrow.

@carimakan @1lotman: thank you but I'm not that powerlah. The people who found and formulized TA, we owe big time to them.

I'm still a newbie in TA. This is my 5th month learning despite being an investor since 2012. Many of my predictions have missed by great margins before but I'm starting to get the grasp of it since September. I encourage you guys to learn it too. EMA20,50 and 200, volume and stoch rsi are enough.

Hello from Langkawi :)

Guys, give it a rest with SD. Looks 80% like a gone case already. I'm giving them 20% the benefit of doubt that they might be able to submit the SIR by 31 October.

Come and join me in Langkawi here. The weather is beautiful and many 5 star hotels are selling their rooms for mouth-watering rates. Go and apply for a club Marriott membership at any Marriott hotels and straight away activate your card. You can immediately get special rates for their rooms, and I've just got my room upgraded foc at St Regis. You win some you lose some but there's more to life than the stock market itself.

As much as I want to laugh but I deep in my heart do feel sorry for some of the nice and honest posters here. Some of them didn't know better when they bought SD at high price and they admitted their own mistakes. May God help them.

I'm off to Langkawi. Adios!

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OpporturnityHunter hehehe, should be good one lah. Pak karim oledi see today in SCIB, SCIB-WB and kpower leh, any further bad news will definitely , cry cry cry, you know , I know , he knows

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bojed Whether it's 29th or 31st, both dates are just a few days away.

Be prepared for anything and everything, whether it's bad or good. Nothing much can be done until then.
27/10/2021 11:48 AM
27/10/2021 11:57 AM

Anything can happen man. I'm off to Langkawi for some much needed rest. All the best to you.

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imvu tengok chart mingguan pada 28/6/2021 , ada jerung besar masuk . tak kan jerung besar ni nak rugi . mesti dalam hayat 2 tahun warrant ni jerung yang masuk tu akan markup harga untuk buat untung .
27/10/2021 11:31 AM

Whether it's 29th or 31st, both dates are just a few days away.

Be prepared for anything and everything, whether it's bad or good. Nothing much can be done until then.

I don't know man, you're literally playing with fire here.

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imvu scib-wb harga listing seringgit , sekarang harga sekupang . nanti dalam 2 tahun harga akan breakout seringgit , untung 1000% :)
27/10/2021 11:10 AM