Wah, the big boss not bad, buying seems to be 0.88 then dump back out 0.915 today, like this more than 1 million earn.......

This is interesting, maybe coming qtr see how much their profit be which for me, i estimate will be more than last qtr........

@DannyArcher

Cash rich or not also this company is financially good, 600 million++ cash as of feb 2022

Oh yah, this company cannot be in losses as every quarter in profit, so nonsense to me when say they in dire situation and sell product in losses etc.......for them just business as usual like before covid.......

The new comer must be in terrible situation as atleast the big 4 earn big bucks already, now is just business as usual same like before pre covid time.....

If mention the business situation till like this, the first one to fall is all those new company as you know why, the big 4 glove company already cash rich earning before this, so they just need to vomit out the profit only while those new company is losing real money from their own pocket. I doubt anyone will sell product at losses plus how many can you stock as somehow glove is still use daily basis.......

The last round, I fail to get 0.85 after q for days lol

Thanks, maybe try sell us below 0.90 or even better the fail 0.85-0.855 range again......

Thinking no news is good news to serba as the date of court nearing?.........

LOL, this is not rubbish stock, how can this be compare to penny stock when this have solid business with no financial trouble at all, sorry for those veteran of this 2 years++ that just bought as yes, you need to keep for awhile if not cutting loss as atleast there is dividend......

GST already a done decision, just how much the rate, maybe 5%.......just after GE15

Everyone on Serba already burning with losses from the 1.60++ days till 0.35, suspension and all the way down to 0.10 nowadays. Sure or not PNB aware what is going on, even the Sarawak investment also need to explain what is happening.....I will rather bet on Sapura than Serba, a company so daring with such questionable accounting method........

@WisdomNTruth

This whole thing is bring by the management, everyone should be sacked already if you in other company especially the financial people, there is no second chance here as it is been 1 year++ since this whole thing started, this is not just happen but awhile back already, don't make me laugh saying how much they contribute to the company, they are the one bringing down the company.

If the management is not selfish, they should have already find replacement to build back the trust instead of still sitting on the management running the company. Plus management should be slashing their own salary, allowance and bonuses to reflect on the mistake already...........

“If you take a closer look on their latest QR (quarterly results), the cash flow statement stated that they (Serba Dinamik) are generating positive operating cash flow (which is from the business operation itself) and their cash were mainly used to repay loan and borrowings & interest.

This is very important because they are still able to generate income from their business operation and it will not cause cash exhaustion on the business itself. They are still actively repaying their debts and the business operation itself is sustainable on their own.

Another over optimistic person, yes, somehow this sounds correct but indirectly forgotten that this company had been defaulting months where they cannot repay the debt based on agreement.

No one is perfect and I believe they have learnt from their mistake. They deserve a second chance as the people who have contributed to the company.”

I really want to laugh when I see this, please tell that to countless of company who did the same mistake or even those in the jail right now why there is no 2nd chance given to them.

https://klse.i3investor.com/web/blog/detail/savemalaysia/2022-05-31-story-h1624140647-Forget_Serba_s_share_price_let_s_spare_some_thoughts_on_its_employees

Seriously, I don't know why this whole problematic account can happen, very very bad move, if just report as it is, serba might not fall into such situation.

Actually, can give more analysis instead of random target price without any reason, if it is bad, just give your opinion, no issue but randomly just said down, crash etc seems meaningless as yes, maybe you can hit right once awhile as 50/50.....

Ok and here I thought got insider news on how bad the qtr will be for people to said run and crash lol

Sometimes I am thinking is all this random price target with no basis lol

Lol, I thought predicted this will break 0.90...........

this is high risk high gain or high losses, the veteran all got burn for buying before suspension, then the one win big when buy at lowest, then now those chasing high got burn now, dilemma whether to continue betting on this or cut loss or even average down........

Actually, a white knight will want to dissect this whole company into pieces instead to acquire those useful portion instead of the whole debt, anyway it is already a deep losses to the big fund especially PNB who as the major shareholder should find someone able to steer the whole company to profit......but to PNB, 40% of this whole sapura thing only account 1% of their investment......

Buy sapura better if anyone believe in the combination of bumi concept and gov will not let this company close down........

US side rallying, so expect next week, hardly able to get cheap anymore, anyone throwing by 0.855-0.85 mostly is losses, not expecting anyone unless someone want to push down but like last week, the plan like backfired, anyone never know whether they have any bad news on hand to push down the price.......

Supermx still so steady.........somehow the price already stabilized as no more surprises, this is the profit already, now up to how the company growth.........

Ok, 0.865 still really strong yet, need see next weekend......

Actually up or down also the company still profit, for the bosses, it is business as usual, defending the price for what, they are not investor also, obviously they can buy more share to strengthen their holdings in the company. Bosses is to make sure company profit and keep growing.....

Still don't manage to get 0.85, no one throwing cheap price anymore, still hard to pass 0.865 barrier......

Actually what trigger the force selling for Karim actually, the stock been use as collateral?

Seriously, so many debt collection, not sure to pay who now as already defaulting left and right already, worst, this is months of defaulting already, surely till the court, anyone with loan will know this is just desperate step already if till the court, all discussion already break down.......

To me, it is like how many someone can keep throw at losses between 0.85-0.855, surely if they can manage to press down till 0.80-0.84 for buy back later then they will win else not sure who want to dump at losses......

Sometimes I just think interest hikes in US bad or good for inari, personally i think non related but somehow said this impact general tech stock.

Lol, very fierce battle, same as yesterday between 0.86-0.865, see anyone will throw out the good price of 0.85-0.855 more to push down the price or not later.........

Thats why I see, problem is I don't see anyone dumping, people just keep buy when fall in new low, this is why drop to 0.85, the price still within the barrier 0.86-8.65 as not likely anyone follow to dump at 0.85-0.855

but myeg now is lowest, cannot be anyone buy lower, those selling now should in loss, shorties, so cannot really said anyone dumping to profit..........

Thinking are myeg buy high at 0.88 then what happen to push down 0.85......

So means ASIA INTERNET HOLDINGS SDN. BHD. (a substantial shareholder) acquired 22,500,000 shares on 25-May-2022. only ........

Think myeg very fake today lol, last minute got people throw at 0.85 somemore.........

I think this is the purpose, the one throwing don't think from investor, mainly those want to push down the price.

I notice got people keep throw at 0.855, so strong resistance between 0.86-0.865.......trying to break this barrier now........

See like people die die also wan push down the price today lol

Seriously, I am thinking whether is the market know something I don't know as they keep throwing cheap like wan cut loss lol

everyday like new low........

This ARIM is the case that past beyond negotiation, months without news, same with the bankers, months passed, same process of your loan defaulting, within 3 months, your property will already be in auction house.......threatening them for total loss will work you believe?

By the way, seriously, with mere 20%++ shareholding for the major shareholder, this person should be replace to restore confidence......

Actually, it is not about the banker also, it is about whether their current cash able to continue operation, are they still bleeding as the last they default on payment and in losses......it is even worst when even the major shareholder need force selling, this is all warning signal.......anyway for bankers, this is not the first time they face this, as all ruin businesses also ask for leniency etc..........which either you get back something or nothing, asking bankers to gamble will be a big NO for them.......

The current threat is the banker now before even think about rights issue, share consolidation etc, all also bad news............

Seriously, I am thinking what is in the mind of those people donating to the gov under PH to help pay for the country debts when the country tell you now they have plenty all this while, maybe a refund option since the country seems don't need the money at all......

18 billion? For sure? with price of 0.10, the whole company only cost 1.4 billion....