Hi

SD is in need of more time due to difficulty to source funds to pay off compound of RM 16M ......

Do you believe SD is liquid stricken? Maybe it is payback time for the bunch of individuals in "crime"

Imposing the compound/fine is demonstration of wrong doings already perpetrated.

By accepting the compound by the perpetrators is demonstration of admission of their wrongdoings

The quantum of the maximum fine ( RM 3 M) is the reflection of the seriousness of the act of perpetration

The truth has been unfolded as a result of the imposition and acceptance of the compound/fine

Hence, releasing FFU or not is futile and secondary by now.

Imposing the compound/fine is already demonstration of wrong doings already perpetrated.

The quantum of the maximum fine ( RM 3 M) is the reflection of the seriousness of the perpetration.

The truth has been unfolded as a result of the compound/fine

Hence, releasing FFU or not is futile and secondary by now.

Put it another perspective , perhaps it is the intention of SC to impose fines through AGC to avoid the lengthy court case and move on with the lifting of suspension for the investors to salvage even though the share is worth a penny.....

The imposition of compound for falsifying accounts in such a material significant scale in PLC is preposterous. Their intention to cheat is established and the adequacy of evidenve is substantiated.

These people should be put on a fair trial and be fully responsible for their fradulent action.

They have failed to discharge their fiduciary duties as directors of PLC

Now then SC is to apply to the Court to bar these people from being Directors of the Company

Such a move can put these people off the hook and walk free from responsibility for what they have committed during their directorship.

They should be charged for breach of directors' fiduciary duties

Baby is so delusional that every thing seems to be alright like an Ostrich putting its head inside the ground hole.....

AG is to prosecute or not to prosecute the case . if prosecution is not required , it means there is no case . But the case is decided to be compoundable meaning someone has committed wrong . AG should let the legal recourse take its course and let the Court decide if it is punishable by compound or otherwise ?

let see if scomi and brahim are to be delisted or not in a couple of days since you have claimed that the Government always protects 100% bumiputera owned equity............

lots have kept averaging and averaging, trying to minimize their losses and ended up with more losses ..... too bad

Are the prosecutors lazy to initiate the case with the Court but fine them by way of compound? or is there any handy panky going on ??

FFU is expected to be announced next week following which suspension will be lifted. Exodus will follow suit ....

Appeal,appeal and more appeals

Fishy,fishy and more fishy..

*Intention to cheap with motive of swindling the money away from investors is already a clear demonstration of committing a crime.
*Given this intention in mind, the purportedly 59 or 69 stamps have been created
*Given the action of using 59 stamps, the intention to cheap has been solidified.

Who is responsible for the FFU ?
not EYC but SD
SD should sign off the FFU
Upon signing off and released to Bursa for public announcement .
Suspension would be lifted then .................. as simple as that

FFU is not audit report.
EYC is just to confirm the veracity of the irregularities detected and concluded by KPMG in the FFU
SD is ultimately responsible for its action whatsoever
Hence, SD is required to sign off the FFU

FFU concluded by EYC
SD is required to sign off FFU
SD refuses to sign off FFU
SD has something to hide
SD is perceived to be doing something wrong

keep it simple. the BOD is responsible for the maintenance of the books and records of SD. EY consulting is engaged to confirm the veracity of the irregularities detected by KMPG. It is not the responsibility of EY for the irregularities but SD hence SD should sign off the FFU instead of EY .

The article posted by Pearlwhite is preposterous in that the disclosure of FFU by EY consulting would put BURSA into disrepute . He argued that such FFU is open to different interpretations as it is yet to be completed.

However, as far as KPMG and EY are concerned , FFU has been completed where irregularities have been detected and doubts are cast on going concerns and among others . It is the onus of the directors of SD to prove the irregularities otherwise instead of passing the buck around to the detriment of all the stakeholders.

stingy company and doesnt even consider to give dividends....

SD will never let the cat out of the bag. They would rather let the cat die inside the bag and let the whole thing remain as a myth ....... the truth will never be known...............................

Written back as other income to be more specific and subject to income tax,expected to be around
Rm 8 b based on 24% corp tax

JT could be like SD.high risk high return and high freak out

Appeal ,appeal and appeal

Time is of an essence...the way it goes,no need to restructure and no need to be delisted.

going straight to put the company under receivership and then liquidation.

My view is to stay away from sarawakian companies.sorry,no hard feelings.

Do you see any light in the tunnel?

Kyy has dumped all his money on JT...

Looking good or bad?

The cheapest has yet to come?

Who is the contra xxx?

i thought you are selling contra....ceptive..

To make appeal for what ?

To make appeal until the cow comes home dead?

To exhaust the company liquidity resource through legal recourse until it is completely dried up..

I wonder if fishy commission is payable on legal recourse sought...

When FFU is released,all the fishy deals are exposed.IJM and or JM are no longer applicable. Balance sheets values are all questionable.

Restructuring is out of the question. fraudulant investigation is on the agenda

Still under correction or what? The cheapest has yet to come...

Many kept on averaging until the last moment of suspension.

All the stakes have gone down to the drain of irrecoveribility...

5 cent per share which is even below the nominal value

Suspension should be lifted following the release of FFU within 2 days from now....

FFU reveals the majority of transactions are dubious...

Share price is expected to plummet like diarrhea......

To my observations, other plantation counters were down but not so volatile as jtuasa.

In my conclusion, others are more stable than this

To run or accumulate?

It seems that the cheapest has yet to come...

Sunflowers grow quickly. Many can achieve up to 12 feet of growth in only 3 months. With the proper growing conditions, sunflowers should reach maturity in 70 to 100 days after planting.

As such,it doesn't take long for sunflowers oil for harvesting as compared to palm oil

Soybeans for shelling and fresh use are ready for harvest 45 to 65 days after sowing. Dry soybeans require 100 or more days to reach harvest. Soybeans reach maturity at the same time; pull the whole plant and hang it upside down to dry. Shell dry beans once the pods are fully dry.

As seen,it doesn't take a long time for harvesting as compared to palm oil.

Pity or not? ..you'd better have pity on those who kept averaging and averaging SD and end up with more and more miseries and pains.their losses are far more enormous than you and me could imagine...

It was sold long ago at its peak. I bet some diehards still hold it tight till now.no matter how cheap and undervalued it is now so to speak,it is untouchable .it is not a matter of cheapness or what,it is a matter of worthiness.

You have learnt your lesson very well.....you are talking now....

Its very tempting to add more but the cheapest has yet to come in the likelihood of WW III

So the nuclear war is imminent, the best strategy is to liquidate your portfolio fast and keep the cash?

It could be a false alarm....

India ,the largest importer of palm oil ,has cancelled substantial order for they cannot afford to buy the palm oil at the current escalating price.

Yer.suspension should be lifted so that the stuck investors can exit but the problem is that there could be insufficient buyers except shorties who would close their positions.Eventually shorties are overwhelmed and plummeting is faster than waterfall..

The family members bought back to stop the diarrhea and nothing to do with the confidence.

Shorties will be in action fast and furious later.

Another 15% drop is expected

it is not a matter of replanting new palm tree or what .

The recent low supply is due to the expected low yield of fruits for lack of maintenance care after planting . Due to the pathetic CPO price during prolonged pandemic spell, many planters ( except for the sizable planters) were stricken with cashflows problems and decided to either reduce or abort the use of fertilisers hence directly and significantly affecting the yield.

But the scenario has changed by now . With sufficient care, the yield is expected to be double in abundance in months to come....

Before being delisted , SD is still given a chance to redeem itself through restructuring and upgrade itself from PN17 to listed status . There is still a long way for SD to go before delisting....