we want to win the war

we are fearless

we are aggressive

we are the most robust warriors , ready to sacrifice for the Empire

we stand to fight to win every single battle

we will not retract but advance to charge to our death....

but are you charging or running like chicken heads now ???

the show is over even before 4PM . what was happening yesterday was just an illusion.

As long as the air of uncertainty is uncleared, the harbinger of downhill will keep haunting the company

As i have said, the uptrend is short lived and illusionary ...... it will not sustain as the air of uncertainty is still unresolved...

Can't.kpmg was removed by 1MDB for disagreement with kpmg's finding.Kpmg has discharged their duty of care.

Moh can't go after KPMG but deloitts who took over from kpmg

EY has a daunting task to prove that KPMG is wrong cos the liability of negligence is at huge stake.EY's due diligence is as cautious and prudent as KPMG

the most likely outcome of EY is to see eye to eye with KPMG.ie they conclude in tandem with KPMG. In the end ,KPMG has vindicated their enquires and Serba will pay for the price

Illusionary

1.KPMG is still the auditors
2.EY is just appointed for independent review
3.KPMG and EY were removed by 1MDB before Deloitts took over
4.Deloitts was found to be negligent in the exercise of duty of care
5. What makes you think that EY would conclude different view as KPMG?
6. Both are international well known audit firm with high integrity
7.do you think EY would risk itself by over-turning the view of KPMG and face the possibility of lawsuit for negligence later?
8.the finding of EY is unknown yet while the regularities are still unresolved
9.the uptrend today is shortlived and there is no cause of celebration.

If you believe in SD ,you believe in every thing...

Illusion

The up was due to the appointment of EY for independent review only and it will be shortlived.

If the conclusion of EY is in agreement to the view of KPMG ,the share price will stumble again.

It is believed that the share price can not be sustained as long as the irregularities are not resolved.

KMPG 's audits are conducted in accordance with international acceptable auditing guidelines and standaands to arrive at their conclusion.

EY is expected to follow suit accordingly and professionally. As such ,I don't see how the EY could turn it around in favour of the BOD

More Fishy and shocking

1. No expiry for MOU meaning it is open infinitely?
2. MOU is never legal binding
3. Definitive agreement is uncertain and contingent to business perimeters.
4. China manufacturers are still unknown and neither is production
5. Sputnik V has yet to be endorsed by WHO as at to date
6. Sputnik V has yet to be approved for use by EU as at to date
7 .Ukraine, the former USSR Union ,has rejected to use sputnik V outright...a snub at Russia....


Game over folks

many still thought that it is cheap to buy now but......

.....the cheapest has yet to come by ............

newbies are the slaughters of the lambs under the wrong influence of others ...... sacrificed for nothing ......

it doesnt matter how many independent Directors to be injected in the Board or what , it doesnt resolve the fundamental issues.

As long as the irregularities are not cleared , the irregularities keep haunting the Company with the air of uncertainty..... depressing the share price further .............

margin call, force selling, panic selling , cutting loss etc are set in at one go.......supporting ifrom karim side is on the double .... but how long can they sustain ?

Unsinkable

About 100 years ago, the mayor of southampton had declared that the " Titanic " was unsinkable but it sunk during her first voyage.


Karim keeps denying and says the BOD has done nothing wrong and declared war with the auditors , telling them Serba is unsinkable as an Empire despite irregularities are found to be clarified


What happens now is pretty obvious .... who is wrong and who is right ? The market is correcting you .... are you still blinded to it ?

it will soon become real penny stock very soon .......

Pathetic.

they are trying hard to rally support from the market to avoid further margin call depleting their shareholdings but of no avail, the market sentiment is very weak and most are sidelining this counter.

The newbies are thinking it is cheap sale and fall into this illusion.......

As far as I am concerned , Hungary is only buying from China and Russia with effect from May 2021.

The so called " 8 " is no longer valid by now. such might not be even valid before but was deliberately self claimed by that fellow for publicity.

stop self deceiving and denying.

your persistent denial and ignorance is larger than your loss. the more you deny , the more you are in a perilous position

Misleading

Hungary has decided not to buy western vaccines but Eastern ones for the reasons they only know. They have decided to limit their choice to the Eastern vaccines.

It is their choice. You said they have approved 8 types of vaccines but no matter how I count the types of vaccines from China and Russian,it does not add up to 8....

Stop misleading others.
____________________________________
@OneSmallStep Do you read joyvest? Hungary approves the most number of vaccines...8 of them... They hv many choices. We Malaysians who hv no choice and hv to take whatever given..

Fishy and more fishy

When a tiger has jumped in front of your presence,dont deny by saying its just a pussy cat causing no harm.

Your persistent denial and ignorance is larger than your loss

Misleading

Hungary has decided not to buy western vaccines but Eastern ones for the reasons they only know. They have decided to limit their choice to the Eastern vaccines.

It is their choice. You said they have approved 8 types of vaccines but no matter how I count the types of vaccines from China and Russian,it does not add up to 8....

Stop misleading others...

You need a big ma ma to cuddle with. Big ma ma will comfort you with this lullaby at your bed side " every thing is going to be alright when you open your eyes tomorrow."

Read for yourself....don't simply rebuke .

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.reuters.com/business/healthcare-pharmaceuticals/hungary-has-opted-out-new-vaccine-deal-with-pfizer-2021-05-20

The economy and administration of Hungary rely on russia. they have no choice.

More Fishy and shocking

1. No expiry for MOU meaning it is open infinitely?
2. MOU is never legal binding
3. Definitive agreement is uncertain and contingent to business perimeters.
4. China manufacturers are still unknown and neither is production
5. Sputnik V has yet to be endorsed by WHO as at to date
6. Sputnik V has yet to be approved for use by EU as at to date
7 .Ukraine, the former USSR Union ,has rejected to use sputnik V outright...a snub at Russia....

Game over folks

Pathetic.

1. KPMG place heavy reliance on the direct audit evidence than indirect ones

2. Kpmg are unable to obtain direct confirmation from the direct sources ie customers despite extended procedure

3.The direct assistance of Serbs is considered to be indirect evidence which is welcoming but not convining.

4. KPMG has no choice but turn to independent audit committees for assistance. Serba claimed that the independent committees are not well- versed in day to day operation but .....

5.kpmg has been making fundamental enquiries ,even a layman has no problem to understand

6.kpmg is believed to be tolerable with the company for 2019 Acc in the past where the company was given with ample time to address the issues in time for 2020 Acc

7.The same old issues were resurfaced in 2020 Acc to an intolerable level in the view of KPMG.

8.Kpmg knew that the company didn't agree to their view .

9.kpmg proposed another independent review to counter their views.

10.kpmg is so confident that their views could not easily be challenged

11.the fellow still says the company has done nothing wrong and KPMG 's behaviour is odd and peculiar...

WHL

Pathetic.

1.The air of uncertainty has yet to be cleared
2.The air of confidence has yet to be restored
3.The margin call is just a beginning.
4.Further down grading is expected
5.High Gearing level is unacceptable
6.Hefty impairmemt of receivables is unavoidable
7.The finding of independent review is unknown

How would you expect the share to rebound?

Pathetic outlook


1. Resignation of external auditors is inevitable
2. Findings of independent review is in agreement with KPMG
3. More dumping of shares by major shareholders due to margin calls etc
4.Imposition of hefty fine for violation of SC rules and regulations by SC
5.No reshuffle of the composition of BOD
6.Equity financing is denied
7.External funding is declined
8.Assets are heavily impaired due to non-existence

Sounds scary,doesn't it.....

Reality finally comes....

Epf's dumping is just a beginning which is seen as a harbinger of herding effect leading to further plunge triggering huge margin calls depressing the share price to a possible record low.....

Sounds scary, doesn't it?

Onlookers seem to be clearer of the evil wrong doing committed by insiders. Who are the insiders ? U should know better.......

Pathetic


Even their own directors have lost faith in the company by disposing their shareholding which is seen as a harbinger of further plunge to come..

Very Pathetic ....

Hopeless

Announcement or not is of no avail..sputnik V has yet to be endorsed by WHO and has yet to be approved by EU as at to date.

Pathetic.

Until the pictures are clear, most analysts have now given a “sell” call

The company is subject to be announced soon to “underperform” from “outperform” which is seen as another harbinger of plunge to come .

This counter is untouchable now

U think its cheap sale now ?.

The cheapest is yet to come......more dumping is expected to follow suit...

OK.deal on

Mad cow.lets bet.if unrest can reach 0.50 on and before 30th June 2021 I will quit to come here..

Likewise, if it can't,you must not appear here.

Will you take this bet?.remember u had lost in AT

Transparent is to show your underwear without the need to show your dick.....

No matter how competent they are,if the mgt provide fictitious and incorrect information and or explanation, there is nothing much the auditors can do in so long as they have carried out their independent audit test in accordance with the auditing standards ,they have discharged their professional duty of care.

In serba case, despite the audit tests , they are up to satisfaction beyond reasonable doubts they have another venue is to resort to independent audit committee for assistance.

If there is no more venue,then resign and let the cat get out of the bag.........no choice

Today's leap and bound is just shortlived to be illusionary and no cause of celebration.

The so called rebound is seen as a harbinger of another plunge to follow..........

Shocking news

If they are prepared to be transparent by revealing who the manufacturers are,we can look at the bright side of it otherwise rain drops keep falling........

Along the conduct of auditors ,they are required to carry out their own tests or assessment of the risk.

If the tests are not up to their satisfaction ,they are required to perform further tests. These tests should be independently assessed without the direct assistance from mgt. The interference of "direct assistance from mgt" undermines the independence of external auditor as such...

The more you buy and or average, the faster you bite the dust.

KPMG,being an international well-known audit firm has been their external auditors since 2013.they are very well versed with the operations of the company.

It is believed KPMG has been tolerable in the past .It is believed that they must have raised the same issues in the past and they have given the company with ample time and opportunity to restore the teething issues.However,the mgt was adamant that they did nothing wrong.

In the end ,the auditors resort to the assistance of independent audit committees. You can't blame the auditors.

The market is very clear of this sentiment and the share price is reflected of this sentiment .the worse harbinger has yet to come.....

Yer

That exactly what it is ..another plunge is expected

_____________________________________
@Enilec Mak U guys talked as if KPMG only has one auditor. It is an international firm with hundreds of partners who does auditing their entire career. You think they cannot resolve simple problems like wrong address, email etc.

Common sense tell you that is not the case. For KPMG, an accredited international audit firm to resist signing the accounts can only mean one thing and one thing only.

The books are cooked and KPMG found out. Obviously KPMG would have given Serba time to explain and justify before bringing it to the independent directors.

For Karim to pretend to be ignorant and say KPMG never talked to management and go straight to independent directors is a blatant RED FLAG that he is lying through his teeth.

And when someone at his level lies on something like this...you know the shit runs deep

Yer....as solid as a rock but the professionals leave no rock unturned......

@michaelwong With this type of closing today probably might triggered another round of sell down ! No power and this in return to cos the company value to be wipe out in such a short time span

___________________________________________

You said no company would keep dropping ....well....this is the good example.......
BTW,losers get agitated very quickly...guess who?

The more you collect and or average ,the deeper the hole you are digging until you get buried .....

The winner takes it all and the loser stands small.......

Old news but new action is enforcing.....

Are you insinuating that there is a conspiracy theory and collusion behind all parties concerned?