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 ?

3 days more than 50% of the share change hands and all pay upfront.
Who is accumulating ? why ?

Closing time 11 cents eat all. Meaning got someone accumulating.
Imagine Pay up front with so much trading volume. Guess who have so much money collecting.

PearlWhite has been very busy trading SD share today.
He don't even have time to comment.
After 5pm......he will say more to come.

Last month, Serba Dinamik told a bourse filing that it is looking into formulating a plan to regularise its financial condition and the company has approximately nine months to submit its regularisation plan to the relevant authorities for approval.

If this could be done, then hold for longer period ok.

Pearlwhite.....any latest update ?

Genting Berhad is a very good company. It is for long term investment.
Don't sell and accumulate more. Expect Q2 2022 result very good and with good dividend.

Mabel and Pearlwhite is smiling. Karim and his group is buying.
Those still waiting for 0.005 cents with I3Lurker still dreaming.

Mabel and Pearl white is smiling. Karim and his group is buying.

Pay upfront still got so much trading volume. Meaning big syndicates is supporting.
Those want to sell in the morning already sold. Look like Karim group is buying.

1 cent buy $500K, 1.5 cents sell

Buy 2 cents, sell 3 cents same day.

https://www.theedgemarkets.com/article/director-four-listed-companies-23-who-azri-azerai

In the same month — on Nov 25 — another appointment awaited him. This time it was to the board of Serba Dinamik Holdings Bhd as an independent, non-executive director. He was also appointed to the group’s nomination and remuneration committees on the same day.

There is new young SD director recently join SD and his company is interested in SD. He may accumulate SD share when the price is cheap in order to be a major shareholder and reverse take over the company.

Dec 2022 Target price RM6.50

https://klse.i3investor.com/web/blog/detail/rhbinvest/2022-04-25-story-h1622257082-Gaming_Recovery_in_Full_Swing_Still_OVERWEIGHT

Date:
2022-04-25
Firm:
RHB-OSK
Stock:
GENTING
Price Target: 6.39
Price Call: BUY
Last Price: 4.50
Upside/Downside: +1.89 (42.00%)

Next week Genting CASINO full house due to long holiday

Singapore and Malaysia border to open to all soon. no need to perform any Covid-19 test.
Good time to accumulate Genting Berhad share now.

Karim screw up every thing, later everyone line up screw him from behind.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3252628

The Death Threat from a Former Independent Director
A former director of the company namely Hasman Yusri bin Yusoff (“Hasman”) had issued a
death threat to one of the executive directors of the company. Hasman had sent a text message
to the executive director, which is reproduced as follows:
“Dear…, Im giving you a notice to behave yourself. Im not hesitate to kill u or bring
you down further. Dont push your f…ing luck. I think now you know my capacity.
Try me, see what I can do. Just be careful.”
The death threat was made on 15.6.2021, after the SC had raided the office of the company.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3252628

Next Monday all Tech stocks up......Frontkn 2.90

Wait for Bursa and SC reply

Can we consider this is the FFU report and Finding ?
next week can start trading or more court case ?

PearlWhite came back.

But no update on SD current status and re structure plan ?

Pearl White no more story ? Give up.
No FFU meaning no trading.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3248652

The Appeals have been fixed for case management on 9 May 2022. ?

Do we have to wait until 9 May 2022 ?

Pearl White must be very proud and happy.
A lot of people said SD going to be suspended forever and delisted but now.......let's wait and see.

The amount they pay for compound is nothing compare to the amount that goes to their bank account.
As long as can start trading is good enough for shareholders.

https://www.thestar.com.my/business/business-news/2022/04/04/gaming-stocks-expected-to-outperform-in-1q

Gaming stocks expected to outperform in 1Q
"This is expected to have positive impact on the casinos around the world under GENTING (OP; TP: RM6.12)

1 April no April fool.
Genting breaking RM5.00

GENTING BERHAD is for long term investment and dividend.
No need to monitor share price daily.

Should be slowly going up all the way since Malaysia, Singapore and US all open for visitors.
Revenue, Profit and Dividend is going to be continue higher.

Will Karim sell all his share to Noor Azerai before he go to Jail and Azerai be the new CEO of SD ?
Is he going to send the first Malaysia make satellite to space ?

https://www.theedgemarkets.com/article/director-four-listed-companies-23-who-azri-azerai

In the same month — on Nov 25 — another appointment awaited him. This time it was to the board of Serba Dinamik Holdings Bhd as an independent, non-executive director. He was also appointed to the group’s nomination and remuneration committees on the same day.

A check with the Companies Commission of Malaysia shows that Aron Rinani was registered on Feb 13, 2014, and listed the manufacturing and trading of aircraft as its business. The shareholders of Aron Rinani are Noor Azerai with a 70% stake and Aron Flying Ship, the balance of 30%.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3237327

Date of change 25 Feb 2022
Name ENCIK NOOR AZRI BIN DATO' SRI NOOR AZERAI
ype of change Appointment
Designation Member of Audit Committee
Directorate Independent and Non Executive

https://www.thestar.com.my/business/business-news/2022/03/17/sp-genting-recovery-to-meet-expectations

S&P: Genting recovery to meet expectations
KUALA LUMPUR: S&P Global Ratings expects Genting Bhd’s ongoing operational recovery to meet its expectations, underpinned by disciplined spending and the reopening of Malaysian borders from April 1.

The rating agency, which has a BBB-/Stable/-- rating on Genting, said the stable outlook reflects its expectation that the group’s credit quality will stabilise.

“This follows the completion of its major investment cycle as well as our expectation of an operational recovery over the next two years, as Covid-19 restrictions gradually ease in its key markets.”

S&P Global Ratings noted that the Malaysia-based holding company of the Genting group reported an earnings before interest, taxes, depreciation, and amortisation (Ebitda) of RM4bil for 2021.

“This was up nearly 40% year over year, though still 45% to 50% below pre-pandemic levels. For 2022, we expect Ebitda to reach about 80% of pre-pandemic levels.”
The rating agency said Genting’s capital spending could substantially decline to RM3bil in 2022 from RM8.7bil in 2021.

“This follows the completion of major investment plans in the United States and Malaysia.
The company’s remaining investment plans in Singapore spanning the next four to five years should be manageable.” it said.

Additionally, it said a withdrawal of bidding for the Yokohama casino project in Japan will ease Genting’s capital-spending needs over the next two to three years.

“As a result, we expect positive, though marginally incremental discretionary cashflow from 2022, a reversal from the past several years.”

S&P Global Ratings said it is expecting an Ebitda recovery in 2022.

“This is despite a slower recovery due to the pandemic and various remaining social restrictions, such as capacity limits for gaming tables and proof of vaccination to enter casino premises.

“The recovery would be supported by a reopening of international borders and pent-up demand. For example, Malaysia will reopen its borders to international visitors from April 1, 2022, after shutting them for nearly two years.”
Separately, the rating agency said Genting’s US assets have quickly recovered.

“Resorts World Las Vegas (BB+/Stable/--) should meaningfully contribute to earnings from 2022. In addition, a better recovery than we expect at Genting New York LLC (BB+/Stable/--) and Empire Resorts Inc (B+/Stable/--) should help.

“Although social-distancing measures could hinder a full recovery of operations over the next 12 months, we expect Genting’s current earnings momentum and lower capital spending to support its credit quality.”