you see the market depth and trading volume until now...

the big players slowly disposing ady

they give up

lose abit rather than lose all

then once sold, no more interest in SD

they still holding 300m shares after selling 60million as of 10.55am today

.
pbb has neven been a top buy side analyst among blue chip public listed companies.

ambank is.

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Skrng nie, Kpmg dah stop work

EY pun blom msk

Akhir bulan nie, akaun kena siap sbb dah year end

dah 6 bulan, qr dah 2 kali miss

nak tunggu sampai bila nie

korang kena ingat, sampai bulan 11, takde setel, mati semua

mati SD, BOD dan investor

paham tak?

if the big boys don't make it today,

all their profit since end may with SD will lenyap

hope they don't in RED

let the buyers buy

cos they have 3 billion units to target today

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SD Board and Mgt need to have mental evaluation

Mental issue very high

Too long Covid situation

.

--------------------------NOT FOR DAY TRADERS INFO--------------------------

The entire OnG industry players all very dissapointed with SD's actions.

***Ppl didn't realise, Petronas will review their status with SD*** as part of their governance process

tsk tsk tsk

don't end up like Barakah Offshore.

.
"Haiyaaaa" like unker say to cooking flied lice


what is this laaaa....slaps forehead

come on i3investors

support support support

put in 2 billion unit of shares to buy...

gogogogo

.
come on day traders,

Go in and buy 1 billion unit of shares

go go go

see up already,....slow and steady to 90 sen

.
sing song can come later.

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day traders dont sell yet, today going to 90sen

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ppl just don't get it

KPMG cannot respond la in public

read MIA guidelines la

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in 3 minutes, day traders will be millionaires

Give them few hours to count their beans

Let them come here sing sing

Be happy for them

.
support the day traders today...

LU LU LU

earn your few K's

happy for the month of June

Next month, worry later

yesterdays PC was extremely good news, very positive

better than getting USD10 billion contract

fly fly fly

Lots of ppl cant sleep tonight, dreaming of big profit from LU.

A big smile on face...

:)

Amyhow, tomorrow will LU, so thr day traders said.

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@ Hotstuff Chairman of Company - Replaced
Chairman of Audit Committee - Replaced
Auditor of Company - Sued

how to gain investor's confidence by all these move?

BETUL.

BUT LETS US NOT FORGET TO LET DAY TRADERS TO EARN THEIR FEW K YA.

Lets pretend to be positive and goreng to LU.

once they make their money, they will disappear.

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@Stockisnotfun Haha they should sue only when EY comes out the result. They trying to sue now got what use? No evidence whatsoever to prove kpmg is wrong

They are suing the audit process not the the issues KPMG reported. Even if EY side with KPMG, SD will still pursue the case with KPMG

hope tomorrow LU for day traders.

let them have their day

kita semua bedoa....

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KPMG decides to resign. A resignation move from an external auditor will mark an event with the most serious ramifications on the company. Auditors can resign if they suspect fraud, malpractice or mismanagement which were unable to be resolved with management;

A very high risk factor and most likely occur.

Anyhow, SD not owned by institutions is good news. Not only to day traders, but also long term investor.

Karim in PC re-iterated his commitment to give good returns "as promised"

All direct to your pockets.

good news what.

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@sparrow
Maybe they just detele the post to avoid confusion. But if you try to find Block 7 LLC registration information in UAE, it shows that the managing director is "Mohd Abdul Karim Bin Abdullah". If block 7 and serbak has the same managing director, does it consider as related party transaction? Need some expertise to answer that. Another finding on EFIRE capital since block 7 ownership has been transaferred to EFIRE somewhere around Mar 2021, company registration info shows that Block 7 was registerd at 25/3/2020 and EFIRE at 26/3/2020, might be just a coincidence that both company was registered 1 day apart?

THERE IS NO RPT, IT WOULD BE DISCLOSED IN THE subdisiary/associate/JV section of the accounts, hence that is why no rpt.

.
If SD wins, then

All EPF account holder can sue EPF for negligent investment process if their dividend no good (eventho 2.5% is guaranteed)

LOL

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EPF/Ambank/KWAP already know SD will take legal action against KPMG

Same story as in PC, with personal direct answer 1 to 1 from Group CEO and Peguam.

BUT YET, DOWNGRED AND CONTINUE TO SELL

nevermind, it we should lie to ourselves that this is positive news

let the sing song make their few K

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epf will always dump slowly, bit by bit over a month of two.

just like they did to Armada

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days traders must be given chance to make monies tomorrow...

let them earn their few K

let them avoid becoming long term investor for life...

korang nie, mesti belas kasihan kat org2 yg kurang kemampuan

anggap lah ianya satu balasan zakat

semoga mudah rezeki utk mereka nie..

.
nie mesti SC dah tau and dah tak layan

pas tu, kena safie masuk

LOL

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I wonder why didnt SD take the issue to SC Audit Oversight Board

The Audit Oversight Board (“AOB”) is established under Part IIIA of the Securities Commission Act Malaysia 1993 (“SCMA”) which came into force on 1 April 2010 to promote and develop an effective audit oversight framework and to promote confidence in the quality and reliability of audited financial statements in Malaysia.

https://www.sc.com.my/aob

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Lukey_Greek It shows they have no intention to resolve the issues, just to make use legal suit as an excuse for delay of issuance of the annual report, & hopefully KPMG will resign as their auditor.


I expect KPMG will counter sue and instituitions like EPF will throw more of their shares.

SMART FELLA U. OF COS, DAY TRADERS WOULD HATE YOU.

LET THEM HAVE THEIR FEW SENS GAIN AND FEW K PROFIT. THEY NEED IT COS OTHERWISE SLEEP IN STREETS.

I hope they did invite The Edge reporter at the PC

:)

its actually not good news for SD to take this route and also if this were in USA/EU/UK, sure SD kena gantung

malaysia apa2 pun boleh.

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I am inclined with KPMG at this juncture because I find that the reasons for the writ and claim unreasonable to an established practice governed by the international auditing standards, in addition, to the fiduciary duties of the auditors to SC to report any in-appropriation.

@ probability Now all the illegal entity discovered by KPMG earlier would have been converted to real entity by master Karim already...

thats whey he so daring to sue KPMG wor!!

NOT TRUE, SINCE IT IS CALLED POST BALANCE SHEET EVENT.

PPL WILL KNOW THAT IT IS A COVER UP.

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many cases of investors sue auditors are all related to the valuation of the companies themselves, from which the underwriters rely upon during the sale. (which the investors won)

not on auditing process

Auditors have legal fiduciary duty to inform SC of any in-appropriation in the financial statements during the cause of the audit. that is a fact

Unless we see the writ, who is the 1st defendant and the 2nd defendant (I expect to see SC's name there), we won't know for sure.

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Maridien2 What if EY also concur with KPMG after their audit? EY Will kena sue or not?

which is why this PC serves no purpose

it will backfire on SD, one way or the other

but biz as usual

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day traders would lack these legal knowledge and processes

I expect bursa announcement today on this filing of writ and statement of claim

I also expect a bursa announcement when KPMG to reverts to SD within 14 days of being served

I expect to see KPMG's reply disputing the writ and claim.

I would expect SD to then file an amended writ and statement of claim after KPMG reverts

and then we wait 1 year for 1st public court appearance, unless out of court settlement.

of course biz as usual la...

if not

what?

1st public court hearing expected in 1 year .

generally, suing auditor is not a good idea and will backfire.

especially on the notion "auditing process"

it is not SD to determine the "auditing process"

despite what Safee say, I am inclined to side with KPMG

you cant register a writ online after 5pm.

14 days is needed for KPMG to revert before the documents are sealed.

now asking for SINS to be forgiven

.
because it is not considered bursa announcement because it is already announced.

this is a "nothing new" announcement

just a briefing.

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petrol station amoi is here now

as predicted, sing song when sold off

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adoi dah jatuh balik....

underachiever in real life.

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Earning less than Foodpanda driver really riled this fella up.