Datuk Karim beli shares. Must be strong signs

Just to add onto that; remember The Edge did an extensive expose of Cheetah and Lambo. So far until now, such things did not happen to Serba

Interesting to note

Interesting development from Serba:

1. helping government with satelite telecommunication for rural areas (which means their technology works)

2. Even Malaysia government pressuring KPMG.

3. KPMG global had to settle after failing to spot fraud in Chinese company

KPMG busy kena saman left and right

Pump and hold. Pak karim is back buying his stocks. Mesti ada big announcement coming soon

Wait until dividend day. So far Serba without fail bagi. So I don't mind holding

Time untuk market open

time to make money

Mana conman @pearlwhite saying EPF going to sell everything. If sell now rugi la. Things improving.

The two new IDs have solid background on forensic work, One from Bursa and another from special branch. Solid improvement

Until we get rid of UMNO garbage our country stock market will not recover. Dulu curi duit 1MDB but now create new issue

Despite the chaos drop sikit saja. So ni kira ok la

Two excellent IDs coming in. One formerly Bursa and another from special branch. Both must be damn good with their intels la.

Been saying this for weeks. Serba is about to rebound

https://klse.i3investor.com/blogs/maliklapid/2021-06-28-story-h1567084186-Serba_Dinamik_current_share_price_does_not_make_sense.jsp

today is a good haul la. Waiting for stronger rebound

This is before any audit outcome, court case and new ID coming in

Traders gonna see another round of upswing

Most likely pump money this monday

My sources say EY. time to reload

https://klse.i3investor.com/blogs/maliklapid/2021-07-01-story-h1567122503-Serba_Dinamik_victim_of_unscrupulous_attacks_The_truth_behind_the_block.jsp

up 40 sen already

The is a recent article wrote by a dude that does his research by looking at google search and thinks he cracked the code. Unfortunately this was the exact poor standard of using Truecaller to call out facts.

Here are few facts about Block 7 that everyone needs to know



#Fact1: Serba Dinamik partners for Block 7 investment



Serba Dinamik and LIWA Investment holdings through EFIRE CAPITAL holdings Ltd are confirmed to be partnering with ZonesCorp



Let's find out who ZonesCorp are:



ZonesCorp, an Abu Dhabi Ports company, is a dynamic economic development organisation located in the heart of Abu Dhabi. Launched in 2004 by the Abu Dhabi Government, it is the largest operator of purpose-built Economic zones in the United Arab Emirates. ZonesCorp works closely and in synergy with AD Ports’ industrial zones to increase the competitiveness of our economic zones and make them more attractive destinations for all manner of investments.

It was also determined on their website that they are indeed the custodian for Industrial City of Abu Dhabi where Block 7 investment is located at.









#Fact2: Serba Dinamik ropes in other valuable and credible partners

Not only that, Serba Dinamik has also confirmed that for the Block 7 project they will be partnering with Gensler, one of the top 10 architecture in UK with revenue in the billions per year.




Now that we have established fact 1 and fact 2, let us ask a few series of intelligent questions



1. If this was indeed a conjob, why involve the legitimate custodian of ICAD and a top architecture firm?

2. Why until now, despite Serba Dinamik being reported in International media, no reputable foreign government from UAE or even Zambia denied having contractual deals with the company or even the value given?

3. The trivial issue raised by KPMG through some leaked reports suggest questions towards small things like addresses and officer in charge , which could be easily resolved rather than a fundamental question of whether such contracts even exist or does it even make sense financially.



For me it is simple, by now, a scammer would have run away, really far away into the other side of the world but what you can see is a company that is fighting tooth and nail to clear their name.

https://klse.i3investor.com/blogs/maliklapid/2021-07-01-story-h1567122503-Serba_Dinamik_victim_of_unscrupulous_attacks_The_truth_behind_the_block.jsp

Today's market reaction is to the news that EY has become the auditor

A step in the correct direction

So far Serba Dinamik has complied with all the demands requested by regulators and shareholders alike. New auditors in, trying to recover lost capital is also there.

Any suggestion on what else Serba can do?

Post removed.Why?

https://klse.i3investor.com/blogs/maliklapid/2021-06-28-story-h1567084186-Serba_Dinamik_current_share_price_does_not_make_sense.jsp

Serba Dinamik- victims of speculation



The info shared is based on my conversation with a well-known Malaysian millionaire who chose to be anonymous. He will be referred as T20 insider.



Malik: Hello sir, what do you think of the current mess Serba Dinamik is in at the moment?



T20 insider: To be honest, I find the red flags highlighted by KPMG to be trivial and something that ought to be resolved via discussion with the management.



Malik: what do you mean by trivial issues highlighted by KPMG?



T20 Insider: Among the findings that I find weird is the fact that KPMG were the side that initially wanted an independent reviewer to verify their findings but then went to SC anyway. Next, calling the receptionist to verify the existence of an employee and going to the wrong address is really a sloppy job for a Big4. Most troublesome is that they were using Truecaller to verify the number of Serba Dinamik’s client. For me, revealing confidential number to a third-party app with questionable privacy practice is troublesome indeed.

Malik: So, was it a right move for Serba Dinamik to sue their auditor?

T20 insider: My own personal view is that is a daring act as a lawsuit puts all the facts out in the open. Every single witness can be cross examined. All evidences, audit report is placed to a higher degree of scrutiny. I don’t think that would be an act perpetrated by a scammer. This is an act that shows seriousness to clear their name.

Malik: People think it is a wrong move to sue the auditor, what is your take on this?

T20 insider: To be fair, auditors have been sued all around the world. Even lawyers get sued for not doing their job properly. I think what Serba Dinamik is doing should be celebrated and championed. The impact of KPMG’s action has wiped out close to 50% of their market value. The people who suffer are everyday Malaysians who have their savings in EPF and KWAP.





Malik: A lot of people are saying that Serba Dinamik’s contract in Block 7 Investment LLC is a scam, what is your take on it?

T20 insider: Well, if that was true, they would not instigate a lawsuit right that would put everything out in the open. You are talking about a company that constantly give out dividends to their investor year in and year out. If they want to embezzle money, they don’t need a contract like this or even fight this thing out. They can simple walk away like Jho Low. Serba Dinamik for years have been reliant on their engineering capabilities. For them to get a project and not finishing it would be damaging, especially when they are about to embark on their space economy journey.

Moreover, the Block 7 Investment is reported largely in various media space. No legitimate media space have denied such existence or did the Abu Dhabi Investment Authority denied or issued a statement against the company. You must remember, Serba Dinamik is now a global issue. Media left and right should be picking up hard facts but sadly what you read until now are mere speculation. No solid evidence especially if what KPMG claim is so damning, there should be factual revelation left and right, but you can see none.









Malik: Hard to take your words for it when you see EPF and other institutional investors running away? Why do you still believe in this company?

T20 insider: EPF and other institutional investors have to act based on the mandate given. If a certain stock tanks below a certain value, they have to exit. But the fact that they did not pull a full handbrake means the company itself has strong fundamentals and waiting for rebound. Heck, KPMG did not find any faults at all with them previously and only did during this lockdown where a lot of companies had new operating protocols which makes procuring some information significantly harder than before.

Malik: What would your advice be for people who are still skeptical about Serba Dinamik?

T20 insider: For me it is simple, big companies like Huawei and Microsoft thinks they are valuable partners for expansion in the tech ecosystem. Multiple contracts and backing from foreign banks is another good sign of confidence for the credibility of the company. For me, Serba Dinamik fundamentally still remains solid and has a bright future especially with their long-awaited venture into space economy. Something new for Malaysians. Ponzi Schemes usually rely on one fake company with another fake company. Serba Dinamik has been partnering with legitimate parties all around the world. I will continue to support this company.





This is just purely sharing my conversation with a Malaysian millionaire. This is no way reflects a buy call or any other investment related advice.

Serba Dinamik- victims of speculation



The info shared is based on my conversation with a well-known Malaysian millionaire who chose to be anonymous. He will be referred as T20 insider.



Malik: Hello sir, what do you think of the current mess Serba Dinamik is in at the moment?



T20 insider: To be honest, I find the red flags highlighted by KPMG to be trivial and something that ought to be resolved via discussion with the management.



Malik: what do you mean by trivial issues highlighted by KPMG?



T20 Insider: Among the findings that I find weird is the fact that KPMG were the side that initially wanted an independent reviewer to verify their findings but then went to SC anyway. Next, calling the receptionist to verify the existence of an employee and going to the wrong address is really a sloppy job for a Big4. Most troublesome is that they were using Truecaller to verify the number of Serba Dinamik’s client. For me, revealing confidential number to a third-party app with questionable privacy practice is troublesome indeed.

Malik: So, was it a right move for Serba Dinamik to sue their auditor?

T20 insider: My own personal view is that is a daring act as a lawsuit puts all the facts out in the open. Every single witness can be cross examined. All evidences, audit report is placed to a higher degree of scrutiny. I don’t think that would be an act perpetrated by a scammer. This is an act that shows seriousness to clear their name.

Malik: People think it is a wrong move to sue the auditor, what is your take on this?

T20 insider: To be fair, auditors have been sued all around the world. Even lawyers get sued for not doing their job properly. I think what Serba Dinamik is doing should be celebrated and championed. The impact of KPMG’s action has wiped out close to 50% of their market value. The people who suffer are everyday Malaysians who have their savings in EPF and KWAP.





Malik: A lot of people are saying that Serba Dinamik’s contract in Block 7 Investment LLC is a scam, what is your take on it?

T20 insider: Well, if that was true, they would not instigate a lawsuit right that would put everything out in the open. You are talking about a company that constantly give out dividends to their investor year in and year out. If they want to embezzle money, they don’t need a contract like this or even fight this thing out. They can simple walk away like Jho Low. Serba Dinamik for years have been reliant on their engineering capabilities. For them to get a project and not finishing it would be damaging, especially when they are about to embark on their space economy journey.

Moreover, the Block 7 Investment is reported largely in various media space. No legitimate media space have denied such existence or did the Abu Dhabi Investment Authority denied or issued a statement against the company. You must remember, Serba Dinamik is now a global issue. Media left and right should be picking up hard facts but sadly what you read until now are mere speculation. No solid evidence especially if what KPMG claim is so damning, there should be factual revelation left and right, but you can see none.









Malik: Hard to take your words for it when you see EPF and other institutional investors running away? Why do you still believe in this company?

T20 insider: EPF and other institutional investors have to act based on the mandate given. If a certain stock tanks below a certain value, they have to exit. But the fact that they did not pull a full handbrake means the company itself has strong fundamentals and waiting for rebound. Heck, KPMG did not find any faults at all with them previously and only did during this lockdown where a lot of companies had new operating protocols which makes procuring some information significantly harder than before.

Malik: What would your advice be for people who are still skeptical about Serba Dinamik?

T20 insider: For me it is simple, big companies like Huawei and Microsoft thinks they are valuable partners for expansion in the tech ecosystem. Multiple contracts and backing from foreign banks is another good sign of confidence for the credibility of the company. For me, Serba Dinamik fundamentally still remains solid and has a bright future especially with their long-awaited venture into space economy. Something new for Malaysians. Ponzi Schemes usually rely on one fake company with another fake company. Serba Dinamik has been partnering with legitimate parties all around the world. I will continue to support this company.





This is just purely sharing my conversation with a Malaysian millionaire. This is no way reflects a buy call or any other investment related advice.

https://klse.i3investor.com/blogs/maliklapid/2021-06-27-story-h1567059109-Serba_Dinamik_victim_of_speculation.jsp

Missed the news, so KPMG not issue statement but proceed to resign. Wow. despite got SC backing them up. Something fishy here

KPMG must pay. Their partners yg jahat with 1MDB must resign. Not holding government hostage and use Serba as guinea pig in terms of how rhey can play with our economy.

In 2015, KPMG went all out clearing 1MDB. That was insane. Malaysian people lost close to 2 billion. Now Malaysians defending KPMG like they are some saint. Seriously???

It was a non issue for years. Suddenly when they got hentam with 1MDB, got problem. So fishy la

Posted by i3lurker > Jun 24, 2021 9:22 AM | Report Abuse

its normal to sue auditor KPMG when KPMG want to see RM500 million Materials On Site

Kang Yao Can shareholder sue Serba Directors for "suing KPMG on resulting drop in share price" which leads to further share price drop?
24/06/2021 9:15 AM

I nak tunggu statement response KPMG. Serba already fired the first shot

PublicInvest bg hold instruction. Which means we wait, they seem to think got positive outcome

most of Serba's contract still there. With petronas and Abu Dhabi. In a way, Pak Karim did a good job in convincing his investors.

PublicInvest cakap hold. I think they are more trustworthy than some people talk trash here without facts.

PublicInvest Research Headlines - 23 Jun 2021
Date: 23/06/2021

Source : PUBLIC BANK
Stock : SERBADK Price Target : 1.39 | Price Call : HOLD
Last Price : 0.605 | Upside/Downside : +0.785 (129.75%)

Like this la. Initially KPMG say get external auditor to check the audit. Serba agreed. Then, KPMG went radio silent for 59 days. After that terus go to SC.

Sounds like a bad ghosting episode. Really unprofessional from KPMG.

TS Shafee also do civil cases la. Not only criminal.

Price so far remains relatively stable and with high volume trading. Market puts faith on this stock. Also Serba has high tendency to push in the afternoon. If they survive in the morning, petang go up one

Price so far remains relatively stable and with high volume trading. Market puts faith on this stock. Also Serba has high tendency to push in the afternoon. If they survive in the morning, petang go up one

Stop taking things out of context la Roy 8. He said that in reference to KPMG not going to Serba first for proper response. Banyak issue highlighted by KPMG either small or clearly wrong. That is why they sue. You cannot sue them for not listening to you


Posted by Roy 8 > Jun 23, 2021 8:51 AM | Report Abuse

Listen carefully to what chairman said yesterday. We paid auditors and they must listen to us and do what they are instructed and not to do their own things. So auditors are not independent when doing auditing. In the same vain, independent directors are not independent either when monitoring company's accounts. They are paid employees of the company. Will a independent director braves enough to bite the hands of the company that feed him when he finds something wrong with ...?

high volume trading despite KPMG allegations. Either the industry doesn't trust KPMG or these are bunch of corporate raiders assisted by the low shares to kick into profit of a really good company

KPMG worldwide scandals

1. Fined for conflict of interest in the Silentnight sale
2. sued for botched Carillion audit
3. sued by property company Mount Avil
4. sued by Targus for failing to audit properly
5. sued 1 billion for New Century collapse for their reckless and negligent audits
6. sued for their role in VBS debacle
7. sued by education institute Haileybury.

Now latest, sued by Malaysian government and Serba Dinamik.

I think kena refocus back to suing KPMG. Need the truth to come out. If only new auditor issuing statement then people will say dah bayar the auditor. Kena highlight that to restore investor confidence

I setuju with retailbroker99. KPMG was sued multiple times globally. Which means suing auditor is something that company has to do to clear their name.

So far KPMG diam

Posted by information > Jun 22, 2021 7:55 PM | Report Abuse

even if what Leno said is true, the point is SD is maneuvering the game such that they will win

what market care is who wins, not who is truthful