The judge is confused between CCRIS and CTOS. If based on his judgement, no private companies can process the data from CCRIS to provide their own independant 3rd party services. So agencies like RAM etc all can close shop.

Even without the scoring system, as a business owner i would still subscribe to their service for other purposes. The scoring system is just indicative where it can be replaced with something else.

The stumbling block in this company is the fact that they have to "commit" themselves to continuously lease with Measat (satellite based) technology which is also an Ananda baby. If they have fully committed themselves to full transtion away from satelitte based tech, they wouldnt need to tie themselves to such burdonsome lease (debt issue). If they have the guts they would spent every single dime of their money to develop a super app that is compatible with every single android/ios devices and as reliable as Netflix etc while keeping the prices competitive, i think this company might have a chance to retain their hardcord customers.

The result is indeed very disappointing.

@brandon99. Its not something new but its not the same as google search. The method on how they access, process, and present the data requires a different underlying architecture as well as equipments

High speed memory demand will definitely increased due to AI application boom i.e. ChatGPT and definitely a catalyst for MI who supplies key materials and packaging equipment

https://thecorporatesecret.com/blog/2023/03/09/mafia-korporat-victor-chin-rombak-revenue-group-13-mac-lantik-kroni-sc-bursa-bnm-green-packet/

something seems to be brewing in this counter.

armtwisted and showdown with the majorshareholders. Desperate move. Seems like someone has alot to hide

Lovely prices. With the material business offering stable income while the semiconductor going into correction, can't help but to think this is the safer counter to take cover than some of Mi's peers i.e. Vitrox, Penta which are finally coming down as their forward earnings probably unable to justify their lofty valuations anymore. Also, UWC who caters to mainly to their American peers are finally dropping. I'm not surprised if their US semicon customers had put temporary order stoppages until the whole new US-China export license restrictions saga are clearer

Judging from the heavy Volume of selling lately, I sensed it's a combination of it's Taiwanese partner (Accurus) + EPF cashing out

@newbie8080

Thanks for the brief explanation. You had shed a diff perspective for UWC for me. I think i will see this company on the same light as Greatec.

Trying to understand why UWC is even considered a semiconductor company (tech PE) when they do not even have any proprietary in house technology. In my eyes they are just a contract and assembly manufacturer just like VS. Explains why i dont see them being present in any of the SEMICON Expos. Can someone enlighten me?

EPF emerging as substantial shareholder?

sadly the boss is not doing anything to fend off this sorta movements. I wonder what are those taiwanese that took equity at RM 3.65 are thinking now

yeah...coordinated moves...squeezing off from retailers

If you can't take the heat sell

Nice qr with profit considering MCO period.

umno vpower bila?

Short term weakness but those who are invested long term wise should be excited for their next gen packaging solution offerings as the semiconductor material/technical know how is key difference between themselves and its competitors.

Better operational efficiency across both companies when scientex takes over. Positive news for scientex overall.

Im very certain that the businesses that Serba is engaging are very real, but however one may ask why they have adopted such a complex contractual structure for most of their awarded projects. The answer is simple: the boss uses Serba as a front proxy for all the dealings (loan borrowings etc) but of course the layerings behind in those contractual is to pay off their supporting members. If you ask me is it trully fraud? No. Doggy money flow, yes. Kinda sad to see how things unfolded for this company in such a short period.

The way this stock is unwinding is reminiscent of the fall of Bill Hwang hedge fund. Pretty sure all these big banks owned Focus in the first place was probably using the same swap agreement tool

Boss Karim acquiring shares in the open market when you just claimed that he is not! Lol

Those who are buying Serba purely on o&g play please sell and leave the boat.

To those who are looking at a bigger picture (serba's long term business transformation plan) you will be rewarded. Just watch the show la.

Oppssss...too bad is a Greeeenn angpow! Hahaha

@tesla why don't you pluck a lower number from the sky, say RM0.10 instead?

Karim didn't dispose any of his shares in fact increased his positions. However, I'm not discounting the facts there could be insider trading activities happening when they were doing the book-building exercise for the PP (wall-crossing). Who are they? Is anyone's guess la. Overall, in Karim I trust. Happy investing and patient hodl-ing!

This kinda amount and volume happened on the same day where the PP is being issued, at the same time with 36+ million shares being RSS, would definitely have raised market manipulation eyebrows in other market exchanges.

Sting79 - Which trading platform are you using? You should be able to see them in the transaction details tab in any eforce based trading platform i.e. kenanga, hong leong, Maybank. The cross trade volume today is insanely high. I didn't do a full summation but a rough glance at min. 5 million shares

And my gut feeling tells me that the IBs also facilitated these shorties to close their positions by engaging some of these PP buyers, hence wise you see some heavy cross trade today. Just wait for Bursa's net short position report to confirm if my assumption is correct.

Imo, the shorties have shorted this stock since 1.6 ish. They were hoping to press the prices down to below 1.55. However, the current price seems to be well supported somewhat. Hence they are not seeing much meat in the play if they cover it now. Plus now the sentiment in o&g seems to be improving. Therefore i believe the downside at the moment seems capped.However, if you are looking to make quick buck for CNY spending look elsewhere la.

Sorry bro, I don't offer buy/sell call advice..

A big chuck of the volume generated is from cross-trade. A price is being controlled by these big players pending something behind

I sense the new funds that they have gathered is to possibly fund new projects coming Malaysia (very likely from Sarawak). The timing coincides well with the Sarawak Election themeplay this year.

Manipulation of price using large amount of cross trades

typical wash trade manipulation left hand pass to right hand (vice versa) to press the prices down to collect it cheap.

Patience is virtue for this counter. Plenty of FUDs to make you sell your positions at low.

There is a huge "fake" dump incoming! Hodl!

stay stronggg!

what an inspiring movement. Keep it up! Hodllll

GooShenNo1Fan Not gonna deny is quite a sad truth

can't wait to see the Bawang monkey leave the Serba train for good.

@zen_2k you meant smart retailers? hehehe

16 million shares being shortselled. Big shark depressing the price to shake of weak retailers

All these investment bankers issuing so called TPs. All their TPs all moving target lol

Last ditch effort to lowball, JP.

Targeted MCO next week

According to the interview at Astro Awani, AK indicated that the PP is just a smokescreen to raise more capital as they needed the retained earnings of the company to finance future projects..He knew something big is incoming for Serb, he needs to prep the funds to strike the opportunity immediately when the right time comes.

A simple math would suggest that the PP would rioughly be priced at around 1.60 per piece