Accept the 100% loss.......

If you are creditor of SD, after bond defaulted, bond holder are losing million to billion on interest and capital. the loss amount will increase daily, and the asset will depreciate daily, they will form a army to sell all asset asap legally.....

So what will left to minority investor.....compare the amt loss with those bondholder, stupod invest loss is nothing...

Vote from Sarawakian may cheaper than you thought woh, Sarawak polit landscape are different from west Malaysia leh.

Do Sarawak gov care about pressure from public? Lol......

InsiderShark quoted better organize a protest infront of serba hq, you guys wasting time here becoming keyboard warrior. since publicity is what karim crave for, he will hate these type of publicity.
29/12/2021 9:40 AM

So many idoot here suggest gov bailout SD....stop investing la stupod.

If gov bailout SD, those foreigner creditor and bondholder will laugh untill the whole world, are you idoot, asking gov or petronas bailout now means pay money to foreigner creditor billion billion...use your brain lah.

Instead gov or local player can buy SD asset from those foreign creditor with depress price with lelong. So foreign creditor will make huge loss... .this will happen after delisting.

It will delisting lah idioooot, no AR will out....100 loss lah, pls use brain to think, don't know what is bursar what is PLC don't stupooood invest lah....plessss

What the point, pls la it will delisted lah...omg. Why so many idoot here.

SaveSerbakDinamik Can someone please count net asset of Serbak Dinamik have for disposal to get the cash ?

But protest would be too late, let's the court, SC and defaulted process. Those took years

From investor, it is gone case as it will delisted. So no point protest... save you time and energy.

You deliberately invest in SD after multiple red flags, who to blame, your brain lo...

InsiderShark Someone please organize a protest in front of Serba HQ in Shah Alam
28/12/2021 8:45 PM

Haha, guys look at this, Vicky quoted still got hope...lol, this kind of idoot should stop investing, brain too small.

Change CEO mean what, no defaulted issue, no AR and SIR issue.

It is 200% delisted, gone case stupod,...


@Vicky quoted well most likely Serba will be takeover by a new team and new CEO. too big and too sayang to go bust
28/12/2021 7:51 PM

i guess him karim and his management dont have choice, they just play 'delay' tactic with the help of court system.

bursar also dont have choice i guess, KPMG the the bom him and said thank you, than EY also called a meeting invite bursar, throw the bom to bursar again.....bursar like wtf.

SinGor Wrong move by Karim...Never, never Sue Bursa....Basically Karim just stir-up a Hornets nest.
Bursa got to response to a law suit and brought all its Asset against Karim

haha, karim maybe just enjoying his luxury holiday oversea or moon..haha

we shall focus on share investment here, with the charge emerged, delisting seem like 100%, those idioot will lose 100%....what a joke.

any legal expert can advice, can the victim sue some SD promoter here if proven they are accepted money from SD to deceive investor(stubood one) by posting incorrect information??

can't understand, what kind of brain of this, it gone case already, no money to run the business, no bank will give loan, no salary will be paid, all project halt, bonds cross defaulted, bank will do everythhing to get back their money as much as it could.

it is 100% delisted, change CEO for what......what kind of brain is this.....

Vicky it is time for the captain to go...otherwise the whole ship will sink
28/12/2021 2:02 PM

this is good example, call this kind of investor stupood is overestimate him....hahah.


solomolo relax...just change CEO than bisnes as usual...we just need new CEO only loh...hehe
28/12/2021 1:59 PM

cant understand the stupinesssss for those who invested in this counter after multiple red flags, are they really iddoot, before the red flag may difficult to spot the weakness of the company, but after the red flags still invest in this kind of company, call you stupood also overestimate you....

the investigation may took slight longer than though, but bear in mind that KPMG reported ton authority around mid of the years, i guess it needs few months to investigate, than verify and approval before submit for warrant probably few days to weeks.......so it quite reason for SC took 4-8 months to conclude. further on that their real is just begin, more work need to be done until the case can be concluded and closed in court.

but warning have being given loud and clears, all risk directors resign on same day, red flag from auditor and SC start investigation openly in mid of the year, only stupod idoot still invest in this counter...100% loss....lol idoot investor.

where are those stupod marble, solo, white, dishonest........lol

Seems like some promoter like pearlwhite intention is obvious, same tactic used by former directors criticized and condemned regulator, shop lot auditor, bias bursar, non professional judge.......

Just release SIR or auditor QR lah, 2 years no auditor QR, 2 years......

No need wait until 31st only release audited AR lah, no need hide the SIR lah...so simple.

But sapura brother have 17%, if they throw, the price may below o.oo5 now....maybe just minor holder throw after saw UOB report

Date of notice 23 Nov 2020
Date notice received by Listed Issuer 15 Jan 2021

It happen befored, show above Amanah bought at 23/Nov but only announced on 15/Jan. Maybe the announcement from the brother a bit late.

3-4% of volume sold down in a day, I just guess sapura brother may behind this..

Changing name maybe the reason for the brother pull out

Sapura brothers haves around 17%, assume recent sold are caused by them, I guess only 2-3% sold by them so far, long way to go..

I believe PNB want to remove the Sapura name, they may come out a new name emphasize relate to green energy

SD sue authorities, Bursa, Court judge, EY, KPMG
SD unable to pay 30 million interes
SD does not have audited QR for more than 2 years.

Which idoot still support this SD?

Are u stupod or idoot, compare with SD which sue Bursa, EY, KPMG...

You may say KNM v2, Theheavy v2, bara v2, why compare with a possible fraud company SD sue all the authority..are you idoot


Posted by shpg22 > Dec 15, 2021 7:29 PM | Report Abuse

SERBAKD ver 2.0

They need 1 more quoter to clean up legacy contract I guess, reported 18 /59 outstanding project commence in 2nd half of this year..so there are still at least 40 legacy contract..so probably they should able complete around 25/40 in last quoter, than less than 50% legacy project left after final quoter. Hope sapura manage to break even in 4Q, than is confirm recover mode.

Anual Taib want to sell what leh, driller?Gas asset? He said wi announce soon by this month.

Sell the fabrication yard to MHB...

Got 1 buy from MIDF haha.

Aminv gave buy call with buy price at 0.24...the latest TP is 0.003...haha

I guess the damage done by previous regime too deep, it took more than 2+3 years to replace the group CEO.

Beside that, the current Avenger board took over formally in April which less than 6 months, the new board only start review old project after that and reflected in their AR at 2nd QR.

Start from 2nd QR, the 2-3 billion optimize program gone like the formal CFO.haha

Seems like you @skyu got insider news..haha


Posted by skyu > Dec 13, 2021 9:55 AM | Report Abuse

maybe this time another 2 bil loss ?

After 6 months since 2q, liquidity issue and outstanding payment to vendor still unresolved, no wonder UOB so pesimistic

Prepare for another loss in final Q..haha,CEO said only recover in next F2023...so final Q may lose also or just break even.

The only positive I able to found is somehow they still able to secure 1.76 billion jobs..

SD can just take the as much as 12 million from gov and default.....those money possible just go in those SD pic pocket.....why gov give 12 million to SD.

Wtf, from the news the edge, gov going to give as much as 12 million to SD for satellite project, a company dose not has audited AR and cant pay interest.....

Why kind of gov is, when only can Malaysian wake up...those 12 million can build how many school, highway?

SD planned to allocate 13million for satellite and portion of it funded by gov TERAJU programm????

So gov going to pump as must as 14 million to a company cant pay it interest?

What happens to those money if the company default .

White, marble, solomolo gone for good ..

Lol, hope they not suicide after 100% loss..

Lose 100% in bursar, not easy ...lol

From the latest news, all depend on PNB, bank closing tap and Sapura technically in Pn17, Need to reset as per announced by Group ceo, either give up OMV or Brazil JV...I believe is latter to get support from PNB and Bank

Who who still holding SD share, let's recap
How stopcd are you?
KPMG raise red flag - should caution
SD sue KPMG - only idixt still invest
Ex risk director resign - only 2 x idiox still invest
SD sue exDirector - only 3x ixiot still invest
SD sue Bursar - only 5x idxot still support SD
SD sue EY - only 6x xdiot still support SD

Btw, where are those white, marble, solomo and honest, kill by loan shark or suicide?

I though the CFO has resigned long time, current new one can just play dumb

This is why white and SD supporter keep attack the edge....

It has starting slowdown on pressing since The edge report the OS and SIR EY...the infamous director also resign after the OS......

Haha, this one I though gone already......hiding from loan shark...

White, solomolo and marble gone crazy...don't suicide and stop investing, your brain just too small,

Better gather your supporter at SD office to request release SIR so that you can cut loss.....haha, I want to see what would be the share price once suspend lifted...haha

100% loss....pls don't suicide, chat with your family.

The 40 billion wing farm project will be game change for sapura, can ride on EV boom...but only if manage to overcome current liquidity issue...haha

With the 10 billion debt need to pay over the next 6 year, sell assets and fund raise through PP or RI is not avoidable

How to pay almost 2 billion a year after premium holiday end..

雲林離岸風場的工程進度因受到新冠肺炎影響而有所延誤，但是其國產化目標，包括陸域變電站，以及40部機組的水下基礎、水下基礎轉接段及塔架等風機三大重件不僅是準時達標

Seems like the 40 pillar installation has been completed after delay few times, not sure the remaining 40 big fan which target to install by mid of next year is still award to Sapura.

Only 30 million interes....sure boh need to drag until last minutes

Group CEO is bumi, Group CFO is Chinese, COO is Bumi....

The selling volume .....sharill just wonder how much you sell

@skyu, look at velestor and MMHE,
Sapura has 8/15 rigs contracted and velestor 5/5 contracted, but still velestor still making loss in last quarter.
Same as MMHE also making loss in last quoter, EPCC is burn cash project and covid restriction cost in Q1-2. Those rig put in cold storage also cost a lot.

E&P earning does not enough to subside, and OMV need to fund jerun 2 billion and other exploration ...