Pearl White missing for so long ?

If SD could close at 12 cents, then no more force selling for Karim.
The last force selling is 10.5 cents.

Market still very bad. Not the right time too chase Tech Stocks. US and China got problem. War not yet end.
Waiting until below RM2.50 only buy.

Market still very bad. Not the right time too chase Tech Stocks. US and China got problem. War not yet end.
Waiting until below RM2.50 only buy.

Pearl White.....any update from Creditors and Banker ? Have they accepted the proposal by SD ?

Why Pearl White disappear for so long ?

Should be no more force selling for Karim as the price is higher than yesterday force selling price.

https://www.theedgemarkets.com/article/serba-dinamik-will-send-further-draft-terms-consideration-its-debt-creditors-later-wednesday

Datin Jeyanthini Kannaperan informed Justice Nadzarin Wok Nordin that Serba Dinamik and its subsidiaries will be sending a further draft of terms of consideration later on Wednesday.

Meaning today SD will send another draft copy to creditors ?

Minister of Finance (MOF) bail-out of the financially trouble Sapura Energy ?
Next in line SD ?

https://www.theedgemarkets.com/article/serba-dinamik-will-send-further-draft-terms-consideration-its-debt-creditors-later-wednesday

Serba Dinamik will send further draft of terms of consideration to its debt to creditors later on Wednesday, says counsel.
"If parties come to an arrangement (agreement) we will inform the court earlier," she added.

Justice Nadzarin agreed that the dates that he had fixed for hearing on June 8 should remain.

already consider total loss...9 cents too little even sell now.
So just hope for the best. Given 9 months to Restructure. Company are not allow to close down due to Bumi worker. Government may force to safe the company

if....just if Banker accept the SD proposal or force to accept the proposal by certain group.
Then after 6 June, share price will go up......Just if.

Still got 9 months before delisted.

Karim still holding 20% of the shares. No way he could dispose all in open market.

Only insider know why continue pushing down and accumulating.
They want to push Karim out by force selling and change a new CEO.

Everyday got a lot of buyer and seller.
Who is actually slowly accumulating with such a big volume ?

Singapore School holiday. Buses fully booked coming from Singapore to Genting Malaysia.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3259792

The Company and SD Subsidiaries have identified some assets for immediate sale to generate the cash flows required to meet the SD Group liabilities. The Company and its subsidiaries would require a court-convened meeting of its creditors to consider and if thought fit, to approve a scheme of arrangement to be proposed between the Company and its creditors to restructure the debt obligations of the Company and its subsidiaries.



The Board of Directors of the Company is of the view that the Applications for Scheme are in the best interest of the SD Group and its creditors as the proposed scheme of arrangement proposes a 100% return to the Company’s creditors.

Issue more share ?

I have a feeling banker will accept the proposes. Win Win.

do or die.
Banker ok, we ok.
Banker not ok we die.

Satellites to built in Sarawak by Sarawak state government together with SD ?

Government will force banker to approve to protect Bumiputra workers.

https://www.theedgemarkets.com/article/musks-starlink-plans-provide-internet-service-satellite-malaysia

"And this will provide an opportunity for Malaysian companies to get involved in space technology in the near future," he said.
Meanwhile, Malaysian Investment Development Authority chief executive officer Datuk Arham Abdul Rahman disclosed that the negotiation process with SpaceX and Starlink was currently at middle stages.

Ada bayang bayang Elon Musk Starlink bincang dgn SD berkenaan internet satelite...?
Satelite di Johor SD . Karim akan meeting Elon Musk ?

https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2022-05-19-story-h1623302780-Serba_Dinamik_Units_Seek_Restraining_Order_Proposes_39_100_Return_39_Sc

Once the court and Creditors agree to the settlement. Then the share price could recover.
Serbardk won't close down as it's a protected Bumi company by Malaysia government.

Wait for afternoon. Once the court approve SD proposal settle with creditors and banker.
Then share price will definitely go up. May even remove from PN17

https://www.theedgemarkets.com/article/westports-replace-inari-fbm-klci-list-june-says-rhb-ib

like that Inari will go down further. When Bursa taken out Inari, meaning EPF and other fund manager also not interested anymore.

Syndicate may push one more round to 22 cents in order to run or change hands.

Pearl White.......is Karim buying or selling this 2 weeks ?

Pearl White......any latest update ?

Not the time to buy yet.....Tech stocks can still go down further.

Not the time to buy yet.....Tech stocks can still go down further.

not the time to buy yet.....Tech stocks can still go down further.

Target price after remove from PN17 - TP RM1.60

Pearl White.......More good news coming soon.
Remove from PN17 before year end.

Pearl White.....more good news to come.

https://www.petronas.com/media/press-release/petronas-thrives-strong-performance-fy2021

Petronas one quarter profit more than enough to buy up SAPNRG and SERBADK.

https://www.theedgemarkets.com/article/sarawak-talks-norway-form-sovereign-fund-says-abang-johari

SERBADK major shareholder - Sarawak state Goverment.

Election coming soon. Serbadk TP RM1.00

https://www.theedgemarkets.com/article/kenanga-lowers-target-price-inari-amertron-rm330

Kenanga said the growth in the smartphone market will likely remain tepid which is evident by the back-to-back decline in global smartphone shipment in 4QCY21
We also noticed that the MoU with China Fortune-Tech Capital (CFTC) to expand into the Chinese market had expired on April 17, 2022

“Maintain a lower TP of RM3.30,” it said.

Karim confident before end of the year Serbadk will remove from PN17.
Target price after no more PN17 - RM1.00

Pearl White.....more good news to come ?

Serbadk CFO is meeting with the 4 bank next week. More good news to come.
Back to 35 cents end of this month.

By Next week you will know who is the new powerful Major shareholder ?

世霸动力 if you all understand the meaning of Serba Dinamik in Chinese name.
You will know how powerful is Serba Dinamik.
Meaning

A broken and sinking ship like Serbark still has three caties worth of nails

If by end of the year Serba could restructure and remove from PN17.
50 cents should be no problem.

Pearl White ? any latest updates ?

https://www.thestar.com.my/business/business-news/2022/05/12/serba-dinamik-executives-complete-settlement-of-sc-compound

Serba Dinamik, executives complete settlement of SC compound

Waiting for announcement of new Major shareholders ?

Waiting for announcement of new Major shareholder ?