the picture is damn clear now
CMSB owner, Serba second largest share holder, both are leader in Parti Pesaka Bumiputera Bersatu
"BIG HAND" is threating them to make they wise vote in coming Election...

Datuk Abdul Kadier is a member of the Party Pesaka Bumiputera Bersatu Sarawak (“PBB”)
second largest share holder of Serba

if Karims discuss the same thing to Investment bank and Institutions
i think market react still fav in sell site
i do thing picture is clear Serba Dinamik is highly depend on Govt related job, not only in malaysia but worldwide

this can explain why Serba agree project owner directly pay to sub con, high possible the sub con is the project owner insider company, Serba just earn commissions from there. Who is Project Owner ? high possible is local govt company

take an example, our vaccine website develop cost is 70millions, do you think it really worth 70milions somemore by using free cloud fare ? Govt -> Consultancy Firm -> Main Con -> Sub Con, maybe the one who really doing the whole system budget just 700k, 69.3m....you know where the money going

2.4 billion from 11 customer is nothing special at all...
who is the client serba serve for ? petronas ?
what you expect petronas contract figure.. 24k,24m or 2.4 billion..

FYI, Dialog also using BDO as external audit
i think it a good move for serba, IB alway use serba peer to peer compare with Dialog

most important is the 2billion sales point out by kpmg...
serba indeed recieved payment

Awang wish to copy the success story of Karim,wanna be a middle man of big project,
but he forget he is half water bucket, and have less reputation since he are selling big stack in serba
without a big battleship, no one will trust you as a middleman, that why all awang counter can’t get project like karim counter

i’m just sharing my personal opinion on this matter, i could be deeply wrong of cause
but this is my understand for those company deeply depend on govt project

how serba explain to auditor this kind of business modal...
tell the world i get project so easy because i have insider everywhere and give big commision ?
professional don’t understand how to do business.. they just know figure, prof

all those business modal able to success is due to Karim well reputation and deep relationship with petronas and political
This kind of business modal can explain why serba revenue and sales can be keep growth, because they work as middleman only

same to supplier, why 6 supplier are register at same secretary office
because they need to transfer those consultancy fee to the project owner

this can explain why 11 out of 12 customer didt reply of KPMG, because mostly is empty proxy company, those company might don’t even have a admin at office, respond only by request

From what i see the Special Independent Review
i roughly understand how Serba get project so easy
very typical GLC win win strategy
let say 100m project
serba tender with 120m, and promise to use the “supplier or related consultant provide by the project owner”
than Serba will appoint a professional sub or main con to do the job with 85million price tag
20m surplus consultancy fee will give back the insider project owner
serba earn 15m as a middleman, the subcon get 85m to do job
3 side win win....

that why when come to audit... look a lot of fishy, but this ain’t how those company doing ?

change of audit for 2021 i think is far than enough
is that possible BOD as independent firm for 2020 ? that will give confident

no QR, no explanation, good job karims

quarter result do not external audit, like this also can’t release ?

bond drop 35% which is good news
share should drop less than that

usually serba won’t release at last day lol

if monday release, we can assume monday suspend as well lol

if tonight can’t provide quarter result.. 2 limit down is possible

i think a lot of karim fans use cash buy serba, margin buy scib and kpower
all boat burn and cheap ticket bought by fund...

haha.. i think a lot people kena force sell due to reduce serba margin to 50% and 30%

i think what karim doing is, asking govt people to pressure audit firm...
and make time for those big investor and even himself, ready cash to collect from big fall

It is a 6Billion company, used to be 8Billiion company with all the gov and fund own
no one wanna let the boat sink

That what i mean, Karim dont wish the share price go down
yesterday they have not much time to ready all the clarification
Tonight is last day to submit financial result
if financial result is good, maybe can buffer a little bit, with good clarify of audit

i worry he margin call only haha
don’t think he using cash to buy all those share
somemore kpower and scib as well, don’t think he pay cash

Karim spend 500m buy serba share... in past years
what is the point, yearly only get 60m dividend
how many years dividend to cover the 500m cost

transmile story abit different.. founder sold all share to Robert.K for 300m
but karim still holding so many share...

high possible tomorow suspend again due to not enough time to respond clarify

if QR not release today, sure limit down

i think political area threat those east malaysia typhoon that highly depend government project
CMSB also facing the same thing, but very fast to be solve

they didt not do any explanation, what is the point of suspend

no announcement, no quarter result, lol
no nothing from serba today

ambank used to give serba RM0.66 just year ago

to be honest, only public mutual have significant stake on serba, and also cimb
kenanga hong leong those they don’t really care also
ambank use to give serba RM1 below as well

investorbat, where is IN source yea

kpower drop 15%, scib drop 10%
limit down not dream

it all about the annual report 2020
mean it will not effect the financial result in coming days ?

kpower come out make clarify, but serba didt do any shit lol

RJ87, EPF still holding KNM

the big big problem is they write “some matter”
but they don’t wanna mentions what is that, must be something serious
KNM on going

haha.. see Karim today got make media statement or not
if not... hehehe, will karim margin call ?

audit problem...limit down for sure...

haha.. hopefully Kpower price lower than Serba that time
is Serba fly moment

brent raise, metal drop
serba still like dead fish, it like CPR also can’t revive this counter

source of news ?

maybe serba wanna invest in automobile as well hehehe

INDUSTRIAL CITY OF ABU DHABI ZONE 5 (ICAD V)
Supports automotive and automobile manufacturing industries

Serba Dinamik International Ltd. (“SDIL”) has accepted the letter of award from US-based Block 7 Investments L.L.C. for the four-year project. The Block 7 is located in the Abu Dhabi Advanced Industries District (ICAD V) in the southern western part of Abu Dhabi city, which is 25 minutes away from Abu Dhabi International Airport and 35 minutes from downtown Abu Dhabi (Corniche). Over a total built-up area of 533,000 sqm the project will be divided into the following components:

the market worth of Data Knight is bigger than serba dinamik lol

sikit sikit jadi habis haha