Nepo, actually the mistake for this counter is more to getting conned than other reasons coz their QoQ and Annual reports since listed all look impressive including the dividend.

I am one of those who avg down but eventually cut loss.
The reason i am still here is to keep myself update with the latest devt. and making sure if i've made the right decision. haha

Posted by alenac > Jun 25, 2021 10:26 PM | Report Abuse

Most of them are caught with the shares at high price. Some try to average down. Possible many have no more funds. Investment in stocks are risky if you are not careful. Costly price to pay from mistakes.

true, latest QoQ figures can be misleading. Hence squeezed into 2020 5th QoQ.
SD should instead provide us last year annual report.

Posted by t_nike2002 > Jun 25, 2021 10:18 PM | Report Abuse

Some people still blinded by the figures in report which has integrity issue….

Vicky, it has nothing to do with race but honesty to the shareholders and relevant authority.

Investors want to see the company able to generate income generated from primary business operation not milk from shareholders. lolol

Posted by Titan > Jun 25, 2021 10:12 PM | Report Abuse

PP means got private investor or fund investing. Real money go in ma. That shows investor confidence. I wonder who took up the PP

Look at page 25 top right Cumulative quarter - 15 months ended

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3169980

Posted by AlsvinChangan > Jun 25, 2021 10:10 PM | Report Abuse

SD Financial Year-End is 30/06/2021 not 31/12/2020

Plently of time for Annual Report Which is due only in Sept 2021

When You have good Smart Lawyer you have good idea

also that high inventories, sendiri mark own exam paper. haha

most of them from pp and bank borrowing diu...

Posted by AlsvinChangan > Jun 25, 2021 10:06 PM | Report Abuse

SD have over 1 billions CASH in bank accounts

SD is STRONG

by right sd should have 2020 annual report which is audited, not another QoQ squeezed inside 2020.

impressive explanation.

Posted by RISK8888 > Jun 25, 2021 9:59 PM | Report Abuse

let's simplify the scenario

1- PP raise 500mil in this Qtr,
2- Cash up 200mil from 800mil to 1bil.
3- If without PP cash will drop from 800mil to 500mil in this Qtr.
4- Question? 300mil cash burn in one Qtr.

without the PP, SD already in DEEP SHIT, Got it?

this QR squeezed into 2020 means last year got 5 QoQ reports. lol
looks like they are not ready for annual report which needs to be audited. jeng3x

i learn this from harry teo just now. haha

Titan, invntories can be self valued, cash most of it from borrowing, receivable high means a lot of invoices but no actual payment received also means got suspect cooking books.

Correct me if i am wrong.

dr. eggwing tokok live now, just like another i3ers. lol

my thought as well, that punishment by Mr. Market definitely wont be as severed as fraud allegations which they are facing now.

Posted by i3lurker > Jun 25, 2021 9:47 PM | Report Abuse

really
honestly
I dun see anything wrong with reporting RM457 milllion loss this QR

profit from cooking mia. deswai trade receivables very high.

Harry Teo no balls go into details in his live just now for fear of being saman by godfather. haha

come watch Harry Teo live now, he is talking about serbadk latest QR
dont say bojio

they say QR report doesnt need to be auditted but since sd is embroiled in accounting issues so yeah, this QR report is not legit.

Next Monday sure fly fly fly...
i3ers have every reason to celebrate.
Punpipi and Mabel kurap are contesting for new BOD seats justfiy by the shares they've accumulated recently.

maklumlah, fanboy still believe in karem.

Posted by Steady Punpipi > Jun 25, 2021 8:18 PM | Report Abuse

Orang lama INED pro KPMG ma ...baca betul2

punpipi, no need brag that latest QR, if it's credible, today share price wont lao sai that badly.

crazy.. latest QR shows net cash from operating activities narrowed to 9.7m from previous QR of 45m.
like this cash flow extremely tight loh.

finally punpipi starts talking, congrats in advance on ur appointment to the soon to be elected bod.

amet2017, u stuck at penthouse ka?
so whats ur current unrealized loss.

We are hoping that he will be elected as 1 of the new BOD after collected an amazing amount of sd shares of late.

Posted by anthonytkh > Jun 25, 2021 6:53 PM | Report Abuse

Why you guys keep mentioning this rr88?

oh ok, i got it. for sd, it used to be kpmg.

Audited statements are reviewed by outside parties to ensure the report's accuracy and completeness.

I dont know hence i am quoting.

Posted by amet2017 > Jun 25, 2021 6:49 PM | Report Abuse

QR got audited meh? Agak2 la mau troll pun.

But but but... go read it urself, its on the first page.

(The Figures in this Quarterly Report have not been Audited)


Posted by SincereStock > Jun 25, 2021 6:35 PM | Report Abuse

@siaokar go see bursa la, QR just released

OMG! Need to put disclaimer on the latest QR.

(The Figures in this Quarterly Report have not been Audited)

Shoot, i just notice too. wadepak, how is that possible. haha
popcorn, popcorn and more popcorn.

Posted by SincereStock > Jun 25, 2021 6:35 PM | Report Abuse

@siaokar go see bursa la, QR just released

It's not about sd vs kpmg, it's more to sd being investigated for possible fraud crim.

Posted by Xyxy123 > Jun 25, 2021 6:34 PM | Report Abuse

Serba is not a one day business. Kpmg is not a first day auditor.

Why now only say out? Got hidden agenda. :) cuties.

The smart one will be the winner:)

QR wont be out anytime soon if investigation for possible fraud crime is ongoing.

banks always play safe, they have the right to demand back earlier loans distributed to sd.

popcorn, popcorn and more popcorn.

Thats a different case study, this one got possible fraud crime.

Posted by Xyxy123 > Jun 25, 2021 6:22 PM | Report Abuse

Well. Remember few years back on topglove case?

If counted today, epf could followed kwap, ceases to be major shareholder.
Need to reload more popcorn for next week annoucement.


Posted by bobochacha > Jun 25, 2021 6:19 PM | Report Abuse

EPF announcement backdated many days.. till today maybe more than that.

She will be elected as new BOD.
i3ers pride.

Posted by Mabel > Jun 25, 2021 11:39 AM | Report Abuse

Wah...like this need to open another closet to sell more of Mabel collection of Lingerie, Bra and Panties...

Next collection is 0.45 sen...

Meow Meow Meow

Did u see them facing this chaos as much as sd is facing now? In fact they rebound from last year lows.

Posted by SincereStock > Jun 25, 2021 6:10 PM | Report Abuse

AA can surive? tony himself admitted if all customers request for refund they will go bankrupt, but it's price is still at 0.9 at the moment, albeit negative NTA, lmao, i don't go AA forum kacau them post this there only. everytime I see people mention AA can survive I really lmao

And as usual, Mr. Market reacts faster than official annoucement.
U fanboys who love to wait until annoucement, you better think twice from now on.

i3ers pride. u blow?

Posted by EatCoconutCanWin > Jun 25, 2021 6:05 PM | Report Abuse

when going up, you all said good stock. when going down you all said shit stock.. what you all need to do is don't buy if talk bullshit .

Ramunia investment went wrong is not a jinx if u r being honest to the auditor and shareholders.
Shareholders rather see genuine negative audited report than fabricated one.
AA can relate to that the question fanboys keep asking if AA can survive, why not sd.

Also, that cut loss by epf is only dated 22nd which was tuesday.
if count till today, wadepak 2.0 diu

wadepak... epf cut loss again. no small amount yo~

Got chance mabel and punpipi seating in those 2 vacant seats coz both of these hardcore fanboys kuat accumulating lately.

thanks, trum. i noticed that pattern in cmsb yesterday.

Posted by trum > Jun 25, 2021 5:49 PM | Report Abuse

siaokar, we betting 1 lot because of this logic below.
Risk sikit but Rewards a lot multiples
Like this:
If I lose also 1 lot at 48 sen. That’s losing 3 to 4 crabs only.
If I win... limit up to Rm1.60... how much I win??? Winning 300% baby.

Posted by siaokar > Jun 25, 2021 5:47 PM | Report Abuse

trum, i notice a lot of punters buy 1 lot lately. whats the catch?

if sd didnt commit any crime, why resigned enmasse rite? common sense lah yo.

p/s: fanboys will say it's kpmg fault

hanna20, whats ur latest unrealized loss?

trum, i notice a lot of punters buy 1 lot lately. whats the catch?

coffin fund money stucked in there, how?

Posted by EatCoconutCanWin > Jun 25, 2021 5:25 PM | Report Abuse

nothing to worried la. money just a figure. dont think too much ya.

We are generous, we let you make money intead. Pls. go sell ur house, sell ur underwear and ask ur relatives to hoot9e.

Posted by bilisutara > Jun 25, 2021 5:10 PM | Report Abuse

Maybe we can buy back at below 20sen and keep for long term i.e. 6-7months. I am confident SD will rebound back to >RM1.50 but not now. I estimate will get back to RM1.50-1.70 in Nov-Dec 2021. But we no lose if we can keep 100,000-200,000 at 15-20cents per shares. Profit 10X after 5-6months.

Use 52 week low (1.06) as the guide line to avg down if u plan to do so but no rush coz next week likely another downtrend.