InsiderShark, imagine if bankers reject all serba SoA.
Would it be better or worse for Serba?
If the SoA is ridiculous to the extent of non feasible, can the bankers accept it?
Accepting it is a big responsibility that they have to convey back to the board of directors especially HSBC on why they are accepting it.

Credits must be given where credits are due.
Anyone think the 6 bankers would accept the scheme of arrangement without doing due diligence?
These bankers do not just come with lawyer but also with accountants and risk management team. Passing all the schemes with minimally 83% is not an easy task.
One cannot just talk their way out with bankers.
In simple terms, bankers would definitely ask SD to "show me your money".

Serba is yet out of the wood but this is a very important step in the right compass direction towards exiting the woods that they were thrown into.

at least previously argument is about serbadinamik divisive between good or bad company. Now is about a few individuals trying to outdo one another in the forum. BHM (Bob huang mike) enterprise?

how come you guys can everyday argue on nonsense for the last 30 days?
It surprised me how much tenacity you guys have over non-immaterial issue. Can anyone of you pray tell what is the point that you all are arguing about anymore?

Serba qtr reduced profit due to bahrain and saudi lockdown. Loss of combined 150m revenue. Otherwise the quarter report is same as previous qtr

wow, people got 1 day show, cc puan only do 1 hour magic show

yes, tencent. now refreshment for 30 minutes. The hologram signing really impressive.

wait for 5 pm news.
If no news = good news
Any news = bad news no matter how good is the news.

Remember the spike day ccp sold his shares at 64 cents and another one spike is for setting pp pricing?

nekosan do not be mistaken. I do not hate you. I just comment on the way you comment. U r welcomed to continue on your way as in my opinion you do not entice newbies with fake news or recycled news to buy in.

In fact you ask them to exit. I quite like your presence in the forum as it adds more thrill to the ride. No offense to you sir.

nekosan is typically what we called drama drama queen.
The price moves in ranges of 51 to 53 cents the whole day and he has been shouting the whole day just like those anime "naruto" where 1 single attack animation take so much time compare to the actual hit and the length of the real battle.

Nekosan.... can imagine u in real life also must be the same. hahahah

this is no tesla lah. Tesla is priced for elon musk having the grandious one of a kind idea and making them work. For example, self driving car, full electric car (pioneer) and going to build colony in mars.

For elon musk, cloud computing is not even in the list of his morning breakfast as it is way too behind his thinking. Pulling internet connection between mars and earth maybe on his list lah.

Please don't compare tesla to gpacket.

whoever buy get ready to join the cave with us for 3 qtr at least ah.
Dun go promote like pasar malam salesman or cry like a baby ah.

also investors don't buy hope but buy into solid action with constructive business model.

cost cutting is not the way forward good123. I rather they take higher pay with more revenue delivered. Looking forward is not about cost cutting but about new business model become pioneer in a sunrise business.

good123, stop promoting this stock lah.
Be honest with people who read this forum.

Technically, it needs to break the resistant of 67.5 conclusively to have any meaningful uptrend.
Fundamentally, it needs to see increase revenue and reducing loss percentage. (this takes another 2 months).

No need to promote like pasar malam guy.

the only redeeming point for this company is their revenue is increasing indicating a move in the correct direction.

The redeeming point for cc puan is that he has yet to announce any rights issue to fund the company research. He goes around looking for real investors to pump money into this company. Any rights issue at this point of time would definitely indicate a heavy foul smelling red flag con for this company.

honestly speaking, without any good qtr to show, current price is trading at quite a fair value albeit high side of fair value. This stock needs more than good news. It needs to show results.

really so happy to see Good123 commenting non stop. It means he got stuck and hang. This is always his modus operandi. After sell, he will bad mouth and add salt to other people.

ini gpacket really full of surprise. This morning when everyone thought it is dying another slow death, in just 3 minutes it shows middle finger to everyone.

funny how you spam half of the i3 gpac forum with its good news and after your cash out, spray salt on others. Please be shameful of your own act.

@Good123, the way the ceo jual beli syer is a mirror image of you. Day day promote ask people to buy, once people buy, he sell.

But CEO has more class than you. At least after he cash out, he didnt spray salt on other people.

wow, at 515? lower than pp? who gonna take up the pp? might as well buy from open market

price 52. PP 52. confirm no dilution.
The more important question now will it go lower than 52?
Logic sense lah, If go lower than 52 who wants to take up the PP?
Might as well go buy open market

yes aseng, that is why i still keep on adding lor. boss lim whole family already all sailang inside. if die, he will be the first to kena chop his head. hahahah

this stock buy from february last year until today.
aiyo... after nearly 1 year i open back to review, so kesian. at least got some divi. if not i really wait dunno for what lor.

kakakaka

Wow... the book value is 3.4b but the receivables is 4.2b.
Now someone is giving you 2.55b to walk away from the headache.
I would have taken the deal. That 4.2b will never be fully recovered. In fact, i believe 50% of it will be impaired initially making the book value standing at 1.1b. So for 2.55b i myself would take the deal and be very happy with it.

Win2win... in short term no difference. In long term the valuation of the stock increase.

I also have vizione. I also believe it is undervalue. But i also believe it miss its own target. Hence i highly believe the price will remain below 20cents for the next 1 qtr.

As of now... the best scenario given at 15 cents it is already trading at forward PE of 16. Even kerjaya also demanf forward PE 16. 15 cents for now is fair value.

Underperform for this qtr. Read previous report and now. Expecting revenue 150 to 200mil

U still dunno what is Tun's intention? U r greenhorn in politics. And yes... whatever he is suffering right now is a karma from what he did previously. He set up all the unfair and injustice systwm

Calvin how many times must i repeat? Oil is not local or regional demand. Its gobally priced. Pengerang is but a small contributor to refined oil in the world.
The cost for shipping gas locally and globall is 0.26 and 0.49cents usd respectively. A 0.23cents usd difference.

I dun argue with analyst on TIV for EV. They are the ones in the business. Look at this.
https://about.bnef.com/electric-vehicle-outlook/

Calvin... no bias but seriously EV is not there yet till 2040 only it is projected to eat into 1/3 of the world TIV.

TNB usage of renewable energy has no effect on refined gasoline.
Refined oil is a global business. Global market demand is still very high. The logistic fee for gasoline transfer is seriously low thus making it not a local or regional factor but a worldwide demand.

http://www.voltaoil.com/what-makes-up-retail-price-for-gasoline/

It just cost 0.27 and 0.49 USD difference for local vs global distribution.

EV still got a long way to go. Unless your battery can charge in less than 5 minutes and runs more than 100km. Its future is uncertain.

Refined oil is for global demand. Pengerang is there to fill up the global needs. If refined oil is a sunset tech, why u think dialog and aramco invest into it?

so what? These funds are not locked in. They are waiting for u to see this homily pattern. See Jaks and HY also lah.

Seriously, god really works in mysteriously way. At age 85 when u r suppose to enjoy pineapple every morning, you are worried about sendai and jaks.

KYY talk cock lah. How can bank negara freeze your account just because you support opposition. Like that u better bring the case to court leh. If not I think i am gonna report to MMC that you are spreading FAKE news.

Dun talk cock lah. U know what u did until your bank account is frozen. Dont blame politician. 52% of voters support opposition. If Anwar and Mahathir accounts are not frozen, why do they care to freeze yours?

Pretty soon... you will see an article entitled...
Jaks at PE of near 100 is better than buy than sendai at PE of 8.
Self debate and shooting own foot now are one of the own top on the list must watch show in bursa.

When did HY report eps of 5.9?
Old man is desperate liao....
Hehehehehehe.... simple thing of price vs valuation also cannot differentiate?
Or assuming the readers will release him from a bind?
Good luck yewyin33.

Qqq3, if the term when the liftboat is settled has been delayed and used for more than 2 q. Oh and by the way dear accountant qqq3, it is from the left hand (vahana which ak nathan privately owns) give to right hand (vahana owns sendai).

Kenanga Research highlighted in a Jan 18 report that there is a risk of impairment in FY19 should Vahana fail to secure a charter within 12 months of the Aryan's delivery given that financing banks will only release funds to Eversendai upon confirmation of a charter contract. Oh ya, given that u r an accountant, u think u r better than analyst work, good job.... perhaps i wish u good luck too.

Hehehe...
Trades receivables increasing
Free cash flow reducing
Trades payable also increasing
More borrowings
PP has been stop (no more cash flow in)

More revenue more profit on paper but is never materialized into cash. If one of the project has to write off receivables, i seriously doubt sendai can take anymore stress.

I agree with KYY to look into a person tract record.
Look at his HY selection... i will buy and buy even more at rm17.
Look at xinquan... i will be the one laughing to the bank now bcos nta rm1
Look at sendai... the receivables so high and monstrous that if it went out of business i think all company would happily keep their portion and not pay sendai
Look at jaks.. the project has been delayed so many years and change partners so many times.

Look at his perfect stock selections.
Dun just focus on liihen, VS.
Look at all the things he said and done.
And u would notice how "noble" he is.

In I3 there are many types of people. In cyber bully, people tends to be more open and say things they would not in real person. Consider them as keyboard warriors. Ignore and move on.

qqq3... if u think u r the top 5% trader then good. Continue what u r doing. Dun stop it.

But again i repeat. Never banish the word holding power and value from investor. Dun believe in compounding... go and look at boeing stock in nyse. With the dividend and everything, it is more than consistent income

qqq3... the key word is consistency. Consistency is the only way to survive over next 20 to 30 years.
What for you want to become like jesse livermore win a few million (1900's) and lose them back.
If every year my return average 10 to 15% i am damn happy. Investment is a different game from trading. Rarely i heard people go bust from investment. Trading + margin call becoming bust, I have seen quite a number.

So it is ultimately your choice. Your choice for a high risk appetite game or conservative ones all lies on you. NEVER banish the word HOLDING POWER & VALUE from investor.

Noplayball... that is the difference between u and me. I look long. Really really long. Have a longer vision and see the business model. Why care about the stock price. Anyone can say RM19 is the highest HY will achieve. Nanti at RM21 you will say chase and hentam HY.

NoPlayBall... u say Bursa confirm downtrend. I am not a technical analysis person. Tell me what is the definition of downtrend?

Bursa in downtrend? U must be a joke. Any analyst will tell u surprising bursa is in an intact uptrend.

qqq3... i dun think i am insulting your fellow traders. I think u r insulting fellow investors. Perhaps your article is gunned towards traders audience. If yes i rest my case then.

Yes.. i am holding HY. At Rm19 i dont sell HY. Why do i need to sell it now. Money i put inside is money i expect to be inside there for the next 2 to 5 years. Too bad i seriously have holding power.

Banish the word intrinsic value and holding power? Only fools do that. Might as well u go contra and margin all the C warrants.

NoplayBall... i pluck from sky?

Nah... take this and read lah

3Barber, & Odean (2000): Trading is hazardous to your wealth: The common stock investment performance of individual investors
– 4 Kumar: Who Gambles In The Stock Market?
– 5 Barber, Odean (2001): Boys will be boys: Gender, overconfidence, and common stock investment
– 6Calvet, L. E., Campbell, J., & Sodini P. (2009). Fight or flight? Portfolio rebalancing by individual investors.
–7Barber, B. M., Lee, Y., Liu, Y., & Odean, T. (2009). Just how much do individual investors lose by trading?
– 8Gao, X., & Lin, T. (2011). Do individual investors trade stocks as gambling? Evidence from repeated natural experiments
– 9Strahilevitz, M., Odean, T., & Barber, B. (2011). Once burned, twice shy: How naïve learning, counterfactuals, and regret affect the repurchase of stocks previously sol.
– 10Da, Z., Engelberg, J., & Gao, P. (2011). In search of attention
– 11De, S., Gondhi, N. R. & Pochiraju, B. (2010). Does sign matter more than size? An investigation into the source of investor overconfidence

OMG.... this is why traders 95% of them will blow themselves up eventually. U buy something without caring for the value. Everyone think about riding the trend.

Exactly like buying up bitcoin to usd20k hoping that there is another few great fools buying more than them.

My advise is buy only if u like the business. And once bought, keep them in the fridge. The basis of INVESTMENT is ownership of a company. And OWNERSHIP requires u to know not only INTRINSIC VALUE but POTENTIAL GROWTH.

Stop talking about investing when u aim to ride the wind and trade. Be honest. U r not investing. U r trading. So be it... trade and do your trade. But do not insult the intellect of those people who INVEST.