looks like it will lose more than a Billion or maybe 2 B before it gets better

Its not the beloved favorite Hero's fault, investors and employees forced him to do it by demanding high returns.

Thats why no one made any Police Reports yet, coz they themselves know its their own fault.

sslee

its not a crime if no one makes a police report
due to Serba extreme profits in shares rise, all only cult members like Vicky and L@@ngKangKat
This feller has zero enemies
no one wants to make a police report on this favorite feller


Sslee

Director's Particular:
Name DATO' DR IR TS MOHD ABDUL KARIM BIN ABDULLAH
Details of Changes:
Currency -
Date of Change Type Number of Shares Price
20-Oct-2022 Disposed 50,000,000 0.015
Registered Name Dato Dr Ir Ts Mohd Abdul Karim Bin Abdullah
Nature of Interest Direct Interest
Consideration RM0.015
Nature of Interest Direct Interest
Shares Ordinary shares
Reason Disposal of 50,000,000 ordinary shares via off market transaction
Consideration -
Total no of securities after change
Direct (units) 538,599,540
Direct (%) 14.52
Indirect (units) 0
Indirect (%) 0.00
Total (units) 538,599,540
Total (%) 14.52
Date of Notice 25-Oct-2022

Dr.K last disclose on 25 OCT 2022 and by the time at 2 Dec 2022 his holding is 100,044,670 or 2.684187 %

Is this an offense under Bursa Rule and Regulation on disclosure of shareholding when you sell down from 538,599,540 or 14.52% to 100,044,670 or 2.684187 % without notification to Bursa?

3 hours ago

unusually warm weather in Europe is dropping all oil prices despite heavy pump buy of oil by syndicates brainwashing China opening...

Goodbye to Serba

its not strange, its normal
many still not aware that today is the Last Day of Trading to be Forever Delisted

Lady Ramunia WINS !!!!!!!!!!!!!!!

Those who still want to get one tenth of a teaspoon broken rice must sell first thing morning.

Sex firm normally kasi chance to newbies to dump sell half a sen first
They pretend to have a heart.

Later afternoon, if sex firm decides to whack newbies,
those pledged securities on margin call, if it comes out will be millions selling half a sen and NO buyers.

Lady Ramunia WINS !!!!!!!!!!!!!!!

auction money are not even enough to pay off interests for RM5 billion borrowings.
Interest.... thats around RM300 million a year on base basis, with overdues and penaties, plus legal costs, its mind blowing.....

by the time everything is resolved, running interests will be more than RM1 Billion
.... and thats assuming auctioneers and liquidators work 3 rotating shifts 24/7 non-stop even on Merdeka Day, Malaysia Day and Vicky's Birthday

Lady Ramunia WINS !!!!!!!!!!!!!!!

Lady Ramunia WINS !!!!!!!!!!!!!!!

last day to get some small broken rice pieces enough for part of a teaspoon before you get nothing.....

I believe those "pitiful assets auction" after paying
liquidators,
auditors,
company secretaries
Bursa and govt owings
and staff expenses

......... are not even enough to pay off interests for RM5 billion borrowings,

nothing left to repay principal of RM5 billion which is likely to remain outstanding......

=> unless Vicky is eager to repay RM5 Billion, personally ......... [using Serba terminology]

Lady Ramunia WINS !!!!!!!!!!!!!!!

there is zero risk involved.
Its confirmed 100% for remaining few Serba assets to be sold off,
likely banks will get less than few sen to the Ringgit
using Serba terminology, .......... banks are eager to sell off the few Serba assets that can be found like rubber stamps....

I will offer one tenth of a sen per rubber stamp of Petronas etc etc to those auctioneers.
wonder when they will start selling those rubber stamps. To buy alleged 50 rubber stamps as spotted by auditors, I expect to pay 5 sen

Using Serba terminology, ................ I am eager to pay....

High Court approved all assets of Serba to be sold off and distributed to banks with huge shortfall.
Serba assets unable to pay off all bank loans.

The END......

sslee

in US, its acceptable to answer with "the dog ate my homework"
Since dog is haram in Malaysia, its only acceptable to say "the cat ate my homework/dividend voucher"

sslee

its could be a typo error
only insiders will know
the company could have had already terminated the employment of said typist
or refused to renew contract of outsourced typist.

If I am the CEO or a BOD member ............... I will answer as follows:-
"the cat ate the dividend voucher, so accounts have no source document to do data entry.
We are currently in the process of getting another dividend voucher which may take some time
due to covid issues in China where the holding company is situated"


Posted by Sslee > 6 days ago | Report Abuse

Please attend the next AGM or EGM and hold the Board accountable and answerable for what they said in 2021 AGM

When is JHDP expected to make its first dividend distribution?
- The power plant has only just been fully completed and operating since end January this year.
- Barring any unforeseen circumstances and subject to the profits and cash reserves available for distribution, we are anticipating the dividend pay out to be in mid-2022.

thanks for telling us Karim bought boatloads of Serba shares

New Year's Eve is the best time for "Daylight Robbery" at night, happens waiting countdown, on the road, walking by the road, inside pubs and niteclubs etc etc
There is always something weird about those celebrating New Year that makes them suckers for "Daylight Robbery" at nite.
They usually hit your head so hands automatically rise to your head. Thats when 2 hands enter your both pockets and everything inside both pockets are emptied. Takes less than 5 seconds.
The sucker is usually left with a cracked skull costing RM50,000.00 medical bills, if lucky. Otherwise permanent goodbye.

The data is openly available
Big boys started dumping in Sept 2022.
even a dumb and dumber guy who started dumping Tesla in October 2022, would have had been laughing to the bank.
Many treated Tesla as a religion and so failed to see anything in their God when facts started in Sept 2022....
and are still hugging Tesla as First Love as Tesla goes out of business in 2024


Posted by Sslee > 18 minutes ago | Report Abuse

If someone sold his Tesla at the beginning of the year then he can now use that money to buy 3.24X Tesla.

changes only happens outside the company ie DLady
where the oatmilk trend was many years in the making openly before milk companies started going bankrupt in US and UK.
Zooming microscopically into investees in those milk business did not tell people to dump milk shares.
Many still insisted on holding Dlady even when the facts blew up in their faces
and price of DLady started dropping beyond mathematically and statistically attributed to random events.

so how does knowing the company you invest help you in DLady collapse?

sslee
Laws of Probability never explains why.
some times ten flips of coin gets 10 Tails, its a small sample size
some companies are just born unlucky with 10 years of losses, small sample size.

sslee

I had been repeating umpteen times that crack rates are theoretical maximum profits enjoyed by refineries.
NOT all are expected to get the theoretical maximum.
You are unable to understand or totally refuse to understand crack rates are just theory

NOT all refineries will always have theoretical profits.

standard deviation curve mean = crack rates = theoretical maximum profits <= This is the answer you will get at AGM

in life there are multiple standard deviations from the theoretical mean.

Just like the standard dick is 6 inches, does not mean everybody has got the same crack rate of 6 inches.
Better measure yours.
some may not have any dick at all => like HRC QR results = Zero inches <= aka MIkeCheatYouCrazy dick length

Some have imaginary virtual non-existent dick of 12 inches like Bob, does your crack rate theory explain this?

I think you just REFUSE to understand that not everybody gets the average otherwise everybody will be lonely in Indonesia running a palm oil company.......

any abandoned refinery is a good money losing business for many people who enjoy losing money to invest.

and thats the reason why sslee and otb calls you a fake accountant

sslee
thanks for the heads up
doing oil hedging now and paying interests through my nose.
btw
qqq3 claims oil hedging US interest rates are purely imaginary coz he was trying very hard to get Suiyee Sucker Bilis to buy HRC after he "got position"
whatever qqq3 says varies few thousand percent depending on "personal interests"
qqq3 is extremely untrustworthy and lies just becoz he enjoys lying.


Sslee

Did qqq3 also at least feel shy and got embarrassed when he misled KYY to lose big money in Jaks?

The answer is no, he feel proud that he front running KYY and get a free ride at the expense of KYY.

1 day ago

sslee
ok you are right
you are very hard working indeed
its a definite improvement compared to past data
thanks

change of security guard normally takes care of FFB
CPO missing is via another route outside the plantation

possible imaginary fertilizer utilized.
Need data...........

sslee
are you saying that close to 1,000 MT of CPO had gone missing?

that normally happens when changing the security guard at gate.
bulky items require organized crime.
always remnants remain just waiting

or a new gang takes over later
just how long will it last ?

will that be like changing from homeless to staying in DBKL barracks for homeless?
essentially still homeless

when are we getting bungalow production rates ??
[handshake]
I tot I was the only one who took "how to tell the truth according to your whims and fancies with statistics" in UM !!!

why do "famous" bloggers go missing?
its usually people demanding refunds or money back from losses.

I did tell sslee to buy United Plantations but its free will

I had seen those satellite maps for Serba projects. Before any of you say anything else, you better think carefully

sslee
I think you better specialise and stick to your own area of expertise.
Just do palm oil pump and dump within market conditions and get those excellent dividends will be ok
Few years later you will become known as "The palm oil stock expert" and can give lectures and write blogs.

Just make sure to ban brightsmart and MikeCheatYouCrazy from your palm oil blogs and lectures will do.

by 2024 and years later the risks of global coal PP being shut down will be more real other wise you own back garden will have a Batang Kali landslide.
The agreement only provides cost compensation plus agreed IRR as per Viet Ministry determinations.

=> those fantasy IRR guaranteed by "Fantasy Blogger" and "Nasty Uncle" inside the "hidden criminal forum" will all turn to ashes. Actually based on old fantasy promises its already ashes. Look at the current MV of Jaks.

If Jaks decides to do consolidation 5 to 1
and then 1.00 drop back to 20 sen, with all those historical losses behind you and another possible 80% loss, I guess you could lose 99% of your capital.

You should have had known that Jaks share price means nothing to major shareholders of Jaks.
Even if share price of Jaks drops to 2 sen, major shareholders of Jaks are ok

Question is are you ok with Jaks share price of 2 sen each?

if MV is now 24 sen
then PP had to be less maybe 20 sen?

sslee
Thanks
I find that very interesting !!!

Posted by Sslee > 1 minute ago | Report Abuse

i3lurker,
Jaks PP again.

JAKS: Seeks to raise up to RM74.4m from private placement for loan repayment, working capital. JAKS Resources has proposed to undertake a private placement of up to 292.2m new shares in the group, which represents 10% of its existing shares, at an issue price to be determined and announced later pending approvals. The group aims to raise up to RM74.4m based on an illustrated issue price of 25.4 sen per placement share. (The Edge)

spiking high and dropping low mere seconds later is normal for oil.

sign PO and email to Aramco, USD136
click
click
and
click sell to hedge is already a difference of USD40 during first few hours of Ukraine war

so no choice click hedge SELL at USD90

after that oil spikes high back to USD100,
=> you have a hedge lost of USD10 in mere seconds

you realise you made a boo boo, some FOOLS will double hedge
so execute double hedge at sell USD100 to make some money

oil rises to USD110, so you double loss at double barrels another double USD10...
some Bigger fools might triple hedge coz .. why??? coz you bought at USD136 mah....

=> thats the most efficient way to bankrupt a refinery

Junior accounts clerk just enter easy Debit Credit, no feelings at all.

MORALS => Do NOT Hedge

as usual fake Dragon aka Ular is spamming HRC forum to protect banned qqq3 now using brightsmart

banned qqq3 now using brightsmart" for 100% FAKE NEWS 100% of time

as usual banned qqq3 now using brightsmart always gives fake news
experts say hedging gaps cannot be predicted so => QRs cannot be predicted

whereas qqq3 aka brightsmart now claims QR can be predicted

banned qqq3 now using brightsmart now claims QRs can be predicted.
banned qqq3 now using brightsmart always takes the most FAKE position.

thats the reason why admin banned "banned qqq3 now using brightsmart" for 100% FAKE NEWS 100% of time

Hedging gap can be tremendous,
most times hedging does not work in times of extreme volatility during wars or rumours of wars.

execute PO at USD136. [feb 2022]
by the time the hedging was done at USD92 you already lost USD44 per barrel

=> so what did you actually hedge?

thats ok if done at arms length basis

btw
fyi
ps
pss
maybe them arms were fondling them balls and them Le Short Rod at arms length?


Posted by BobAxelrod > 5 minutes ago | Report Abuse

Also, you could also sell your finished product t a price loss to the husband, whose wife you slept with last night???

Ukraine war started Feb 24, 2022
many "panic bought" 1 year or more years of crude at above USD136

many felt that crashing car from bridge 100m down to river is way better than head on collision with train.
btw both also die.

accounting entries are always Debit Credit.
Basic things done by junior clerks since they studied in lower secondary school Form 3
Only fake accountants find such easy things complicated.
I recommend Frank Wood for fake accountants.

whenever such "Robbery" things happen
banks want the name Serba erased for eternity
people who "took" those money wants all evidence deleted for eternity

leaving behind L@@NGKangKat having memories for eternity

company value negative all assets not enough to pay loans

even toilet roll must lelong

my condolences for this FINAL suspension.
Last day of trading 22nd Dec still can trade
23rd Dec already cannot trade.

its like dead body waiting for final cremation on 22nd Dec 2022

if you run a twit poll whether he should off himself, the answer will be YES also

its politics of protectionism

must be realistic ... already banned Huawei to protect Cisco

so banning BYD to protect Tesla is just of another days' work ....... shit happens