How many times must I explain? As long as the SIR is not revealed, the auditor cannot sign the annual report. Serba case is much serious.. Scib was easier because it did not involved flagging. Only late in finalizing the report.

yes. Qualified opinion. So it will be even hard to secure bank loan in the future..

annual report released finally.. lol

dear Kian Wei, here are my picks for 2022.

CEKD 10%
Cypark 10%
Dialog 20%
Harbour 10%
Inari 25%
KGB 15%
Oka 10%

thank you.

the latest move is a good one. There might be a lot of transactions by the same trader, hence, it helps him save a lot with the cap..

If you have lost 80% of your total sales, do you think there are far better days ahead..?

with vast resources they have, few computers, fat salaries, these so-called experts are really a shame..

i feel sorry for him. Really.
Anyway, twisting the facts will not work.

The new auditor cannot sign the 2020 financial report without the SIR. It's that simple..

Cekd had just released its maiden annual report as a public listed company today. The report is able to give us a better hindsight. I think the value has emerged from current valuations. It seems their cash flows is quite strong.. This is why every investor must learn how to read an annual report. A lot of information is inside..

both Vietnam and Indonesia have vibrant workforce. At least can have some good night sleep zz..

If I were Dyson, I will shift all my orders to Vietnam or Indonesia. No more Malaysian companies. Enough said.

looking at the pattern being thrown, could even close red..

why people still hoping for AR? It can't be finalized because the SIR have not been completed. The new auditor cannot sign without the SIR being done. After the SIR is done, you will still need 1 to 2 weeks to be able to release the AR.

Posted by gloveharicut > Dec 28, 2021 5:26 PM | Report Abuse

Next year - Glove will be back?
let me see how many people pick glove in year 2022

***********************************************************

tips. The threat from China is real. It will be oversupply. Even Sri Lanka & India also starting to flood the market.

i like this.

-"The SC’s investigation into Serba Dinamik started in May 2021 following a section 320 CMSA report by KPMG to the SC. Under the CMSA, auditors have a statutory obligation to immediately report to the SC, if they reasonably believe that there are any matters that may constitute a breach or non-performance of any requirement of securities laws, rules of the stock exchange or any matter that may adversely affect to a material extent the financial position of a listed company."-

It will serve as a stern warning to other directors in future..

for construction, better go for Suncon or OKA. Steel related counters have nothing to do with construction unless you are building a 100% steel building. Stay away from those garbage steel counters..

I like OKA because it a proxy to the construction sector and could be one of the biggest beneficiaries of public infrastructure spending..

it is not as easy as you can imagine, just like changing the CEO only. The company will have to address all the cash flow problems, bond holders, the suppliers issue etc.. All the problems just wont disappear by changing few persons only..not until everything is fully settled.

when EPF started to run lintang pukang, you guys should get the hint. Those were not normal transactions by big fund managers..

at the end of the day, ppl want to see the EPS, not how much contract you won..

why the NTA so high..?

lol Americans also getting tired with covid oredi. Want kena, kena lor. At least got antibodies..

人生自古誰無死18年後又一條好漢..

Omicron can even get past booster so easily. Amazing. Might be due to its highly mutated spike protein.

Gulf bourses all fall on Sunday bcos of Omicron..

we could be seeing some lockdowns in certain Europe areas. The situation in Denmark and UK is very bad. 2 doses of vaccines almost cannot stop infections.

@UlarSawa extension maybe yes. Totally ban is NO.

Bursa Malaysia is an orderly market. Don't listen to those rumours saying there will be RSS ban. It will not happen. Look at all the bourses around the world. Short-selling is permitted until 100%. In US, it is even permitted to go beyond that..

There are always 2 sides of a coin for all things to work in a proper manner. We just cannot only cry buy but not sell. Even a day also has night and morning...

this Omicron variant threat is real. Look at how some football matches have to be postponed. I also did not expect it to be so damaging. Everybody pls take care of yourself and your family members.

everybody is now waiting for the fusion of Delta and Omicron to create the superpower virus that ever exists on planet Earth..

if it goes for consolidation, it will get worse. More room to drop.

among the 4 big glove counters, i like Kossan the most.. Main reasons are management and dividend. Cash flow management is second to Harta.

i did warned people not to jump into this counter. It was traded at 7 or 8 sen that time..

so it is confirmed that 2 doses of vaccine cannot protect against Omicron. Might need 6th, 7th, 8th doses in future..

so you have taken people's money and refuse to pay back..?

the way Omicron variant evades the vaccine is scary. Nobody knows in future what will come out from some other mutations from this kind of variant. We could be seeing a super resistant virus if everybody is taking this pandemic lightly..

for me, during market uncertainties, usually I will go for dividend investing.. All TA move aside. FA more important here. Any counter that could give exceptional high dividend should be the choice. Stay invested.

Trump was right to blame WHO for slow response last year. Failure to act swiftly and giving a lot of mixed signals. Threatening to cut US funding to the world health governing body.

at this point of time, it is better to go for cash generating companies which pay dividends. Glove counters could stage another rebound easily.. Stay away from those companies which have extremely high debt.

CNBC: "Covid hospitalizations from Delta variant creep up again across America as Omicron lands in U.S."
Quickly waning mRNA vaccine efficacy leads not only to surge in cases to nearly 100,000 a day but also to 20% increase in the US hospitalizations.

Why is west port replacing hapseng as klci constituent stock? Isn't hapseng bigger market capitalization?

I think glove counters are a better hold at this valuations and also due to its dividend. For trading, it is not advisable..

complete failure!

Hospitalizations are rising in South Africa now, this is bad..

i am satisfied with my performance in this virtual competition this year..

It is a just matter of time USA will get Omicron, since they have very bad discipline, not wearing masks, hugging here and there, protesting against lockdowns etc..

Africa certainly is a big market for medical gloves. If the big 4 could take advantage of this situation..even a 10% profit margin is good enough..

@BobAxelrod quarterly results are released by the company itself. No need to be audited. It came from their own a/c dept.

just install Pakatan Harapan as the govt back. They are more honest and hardworking.

i don't think glove counters will pancit la like yesterday. It looks solid now assisted by the fall in regional, Europe and US futures..

this 2 weeks time will be very turbulent as everyone is waiting for the findings of Omicron. I think gloves will continue to be in play. Wish you guys good luck and don't be greedy..

as long as DJIA is red, it will be good for glove counters.. More or less the economy will be affected.