sailang_now

sailang_now | Joined since 2017-07-29

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Stock

2022-05-18 09:58 | Report Abuse

Wonder how much Syndicates made from Karim shares yesterday?

Stock

2022-05-17 16:52 | Report Abuse

Typical case of playing musical chairs...don't be the last one left standing when the music stops....

Stock

2022-05-17 13:08 | Report Abuse

Remember the kiss of Fintec? Their promoters already made their presence known....just don't be too greedy.....

Stock

2022-05-17 08:38 | Report Abuse

Just study what's happening to Luna & UST which is on a death spiral...will happens to Serba once the funds to pump is depleted...only day traders will benefit on the highs which moves lower & lower on the way down...

Stock

2022-05-16 13:52 | Report Abuse

Based on its latest annual report, Serba Dinamik Holdings Bhd has in excess of 69,500 shareholders. The company’s market capitalisation is now down to RM315 million.

Serba’s market cap was close to RM6 billion a year ago, when KPMG PLT red-flagged its accounts and reported the matter — as required by law — to the Securities Commission Malaysia (SC). KPMG’s audit alert was the start of Serba’s fall from grace.

In the last one year, its shareholders have lost 95% of the value of their shares in the company. The company is battling creditors and needs to come up with a scheme to restructure its debts of RM1.8 billion and US$42.4 million to lenders, including bondholders.

Shareholders are sitting on a RM5.5 billion wipeout in paper losses.

The four directors of Serba who were hauled up by SC for furnishing false information have paid their fines totalling RM16 million, which is a measly sum compared with the losses suffered by minorities.

Bankers have filed a winding-up petition on Serba and are seeking to appoint an interim liquidator to recover the debts. The company has assets but it is unlikely that the bankers will be able to fully recover the amount they lent to Serba.

As for the shareholders, they have little choice but to hold on to their shares and hope that the company’s fortunes improve, which is almost impossible. Past examples show that companies with huge accounting discrepancies do not recover and are finally delisted, leaving shareholders with nothing.

Stock

2022-05-14 10:14 | Report Abuse

Typical pump & dump...when Awang the co-founder has abandoned ship...cut profit or loss while the going is good...
https://www.klsescreener.com/v2/news/view/989009

Stock

2022-05-13 20:07 | Report Abuse

Fully agrees.
Btw Awang already sold at 10sens. Just waiting Karim to announce...
Changes in Director's Interest (Section 219 of CA 2016) - DATO' AWANG DAUD BIN AWANG PUTERA | https://www.klsescreener.com/v2/announcements/view/3548429

rr88

Fortune from 0.06 to 0.12.
At 0.12, its trouble.
I took my cut at 0.065 to 0.095.

1 hour ago


rr88

Accounting con company from profit making to loss making, unable to pay debt. Trading only. Up, sell. Down, also sell. Dont try to be a hero. It could go to zero.

Stock

2022-05-13 11:16 | Report Abuse

Morning...tut tut...loves this pantun...
"tut tut
usah berharap serbadk kemabli jadi king..
usah berangan sapura kembali rm1.00
namun bole dream inari back rm3.00
hehe"

Stock

2022-05-13 06:30 | Report Abuse

Guess Karim & gang sold their Serbadk shares to raise RM16 million to pay their fines...nothing to be proud of ..
"Serba Dinamik and its four top executives, including controlling shareholder Datuk Dr Mohd Abdul Karim Abdullah, who is also the managing director, were compounded RM3 million each for submitting a false statement involving revenue of RM6.01 billion for its 12-month financial period ended Dec 31, 2020 (FY20). The company's audit saga started a year ago when its former auditor KPMG red-flagged issues on its financial accounts.

Beside Mohd Abdul Karim, the other executives were "executive director Datuk Syed Nazim Syed Faisal, who was chief financial officer (CFO) from June 2016 until mid-2020; its current group CFO Azhan Azmi; and vice president of accounts and finance Muhammad Hafiz Othman. Muhammad Hafiz was also slapped with an additional RM1 million compound for falsifying the accounting records of Serba Dinamik's subsidiary."

Stock

2022-05-12 13:45 | Report Abuse

One day show? Else Karim needs more
ViagraM...

Stock

2022-05-12 09:14 | Report Abuse

Wah! Many new promoters appears... When will the pump & dump suddenly ends?

Stock

2022-05-11 20:49 | Report Abuse

Tks Sslee...so meaning reporting of transactions by substantial shareholder to Bursa will be within 3 to 5 days...so by next week we will know whether insiders like Karim is abandoning ship?

Stock

2022-05-11 19:35 | Report Abuse

What is the maximum days allowed? Before Serbadk reports to Bursa?
Sslee

Already third trading day. Still no news whether insiders are buying or disposing due to margin forced selling?

Stock

2022-05-11 16:58 | Report Abuse

If close at 6 sens tomorrow will 5sens...day trader can buy at 5sens & sell at 5.5sens for profit?

Stock

2022-05-11 15:04 | Report Abuse

Must have taken a leaf from Bossku...
BILLC

Karam not only tipu,,,,he challenged SC and asking,,,

Apa salah saya Tipuuuuuuu,,,,.

Stock

2022-05-11 14:42 | Report Abuse

If everyday drops 1sens...will reach 5sens & below by Friday?

Stock

2022-05-11 10:44 | Report Abuse

If today lowest 6sens...2moro will be 5sens...maybe worse if Serba can't give a satisfactory answer to Bursa's query?

Stock

2022-05-11 10:16 | Report Abuse

Guess how long support at 5sens will hold?

Stock

2022-05-11 09:44 | Report Abuse

Morning tut tut...5sens odw...

Stock

2022-05-10 16:39 | Report Abuse

I think some big fish like Karim will use their Serbadk shares as collateral to borrow cash from IB/Brokers. If the margin is broken their shares used as collateral will be forced sale unless they have cash to topup their accounts?
nicholas99

use cash buy how margin call force selling. unless its from before the ban... ?

Stock

2022-05-10 16:24 | Report Abuse

It's better to cutloss when the going is not good.... there will be margin call regardless of cash upfront requirements...

Stock

2022-05-10 15:40 | Report Abuse

I think only Awang announced his intention to trade as required by Bursa....Karim didn't maybe the IB will force sale no need to announce?

Stock

2022-05-10 09:02 | Report Abuse

Big selling queue at 0.895...looks like more forced selling ahead? Tut tut

Stock

2022-05-10 08:45 | Report Abuse

I think 5sens is not a dream anymore?

Stock

2022-05-10 08:14 | Report Abuse

Morning...tut tut...if support at 10sens break.. more downside to go?

Stock

2022-05-09 17:11 | Report Abuse

Wow! Already touched 10 sens...
will Karim related counters SCIB & Bintai be next? https://www.klsescreener.com/v2/news/view/986303

Stock

2022-05-09 16:11 | Report Abuse

Already dropped 63% today even without short sellers. Once trading resumes tomorrow will support at 10 sens hold?
https://www.klsescreener.com/v2/news/view/986215

Stock

2022-05-09 16:04 | Report Abuse

Looks like Serbadk linked parties also selling SCIB & Bintai Kinden shares to support Serbadk?
https://www.theedgemarkets.com/article/scib-appoints-three-independent-directors-two-linked-bintai-kinden

Stock

2022-05-09 06:25 | Report Abuse

Morning tut tut ..guess what will be the opening price? With so many restrictions by many brokers in place...
https://www.klsescreener.com/v2/news/view/985923

Stock

2022-04-26 21:51 | Report Abuse

Globetronics dropped from RM3 to RM1.46 today. Guess how low can Inari go?
https://www.klsescreener.com/v2/news/view/982803

Stock

2022-04-25 11:12 | Report Abuse

py1818 Tks for your daily bulletin.
BCorp is using its cash reserves to support via sharebuyback around 23.5 to 24 for some reason? With cash saved from paying the now expired 2012/2022 5% ICULS, VT may declare dividend in coming quarters going forward to maintain his cashflow. Btw VT has quietly returned to KL already?

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Price 0.255
Verdict - A big UTURN has happened as Uptrend is observed in formation?

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

Stock

2022-04-18 10:32 | Report Abuse

Morning...tut tut...
"Simply Wall.St
Below Fair Value: INARI (MYR2.9) is trading above our estimate of fair value (MYR2.57)

Significantly Below Fair Value: INARI is trading above our estimate of fair value."

Stock

2022-04-06 12:07 | Report Abuse

Good afternoon! Tut tut...

Stock

2022-03-28 09:42 | Report Abuse

Morning...another week to swim in a sea of red? tut tut

Stock

2022-03-25 10:21 | Report Abuse

Morning...tut tut

Stock

2022-03-23 09:14 | Report Abuse

Morning....tut tut
Btw Taiwan earthquake doesn't affects Apple's supply chain?

Stock

2022-03-22 10:38 | Report Abuse

Morning...tut tut

Stock

2022-03-16 09:54 | Report Abuse

py1818 Tks for your daily bulletin.
BCorp has made another U-turn as already reached 0.215 after breaking support 0.23 earlier. BCorp at its best is only a trading stock, will never qualify for long term investment grade until it pays dividends, shows sustained & convincing profits for a few Qtrs...

Where is super hero Jalil even his latest talk on Money Matters last week didn't helps? Everything's so quiet that you can almost hear a pin drops...where are the Promoters? Even VT is busy elsewhere promoting a better tomorrow & Morvin is enjoying life as a new father in Berlin?

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major resistant 0.335
Major resistant 0.31
Resistant 0.29
Resistant 0.27
Resistant 0.23
Price 0.215
Support 0.21?
Verdict - A big UTURN has happened.

How to use buletin.
If price go below support, downtrend.
If price go above resistant, uptrend

Stock

2022-03-16 09:32 | Report Abuse

Morning...tut tut

Stock

2022-03-10 10:29 | Report Abuse

Let's hope the prediction is as good as lucky numbers from Datuk Kong again? Anyway since copper raw materials price has gone up, profit margin will be squeezed?
https://tradingeconomics.com/commodity/copper

Stock

2022-02-28 13:38 | Report Abuse

Let's hope the prediction is as good as lucky numbers from Datuk Kong again?

Stock

2022-02-24 13:19 | Report Abuse

18,364 square meters is about 197668.451 square feet. Current market price of light industrial land in Batu 4 Jalan Kapar is RM358 per square foot. Meaning the Keng Imports & Exports factory building & land, acquired for RM24 million is actually worth more than RM70 millions?
*Note. Factory land with building at Batu 4 Jalan Kapar, Klang price per square foot.
https://www.propertyguru.com.my/commercial-property/kapar-batu-4-rantau-panjang-light-industrial-klang-for-sale-by-alvin-lim-27805433

Stock

2022-02-24 09:38 | Report Abuse

Tks for this info. Btw a PP normally comes with 20% discount to make it attractive...so what will be the operators target price?

flluffyclouds They indicated earlier that they required somewhere in the region of sens 0.16 to make a PP viable.