As mentioned earlier Fed continuation to increase interest rate will slash economy growth. Oil utilisation will also reduce perhaps down to USD80/barrel or more. Even Saudis or Russia wants to maintain USD90 & above in not true. The demand is less. They produce less as well to maintain price but in terms of volume they are unable to break even. How long they can reduce volume ? Dr. Doom predicted it will be a long recession as inflations are 40 years high. So reduce your oil portfolio and spread to customer staples where even recession customer still need to use. Do not be carried away by so-called unqualified gurus. Save your money and prepare to re-enter during market massive slump. Oil once a while will rebound a bit but it is time to reduce portfolios. Check history of oil prices during recession. Tqvm

True. Fall is always early sign for stocks prior recession next year 2023.

Well l have already advice all last week if bounce sell and get out. Now you will get it due to greed.

Aiyoo recession oil down 5%. Velesto all face the same. Why buy oil

Major sell down on Mon as oil collapse to 5% today. Nasdaq meltdown. As mentioned recession slow everything down

All wrong. Down to 20 cents as Nasdaq melt down again and again. Recession slow everything

Fake rebound only bro. So that some medium

2 times Qr loose money. Blind asking to buy and keep

Qr report negative again drop 40%. Mampus lorrr

Hello guys...if recession occured next year 2023 oil will be bashed down for sure as history showa. Savebyour money first

Cumming 0.25 as Nasdaq meltdown again on Thursday

In the meantime wonder so many appointed directors in the web-site and none of them able to assist the company. Wonder what are their roles & expertise instead of drawing monies from the company. Unlike Topglove they still take care of the company shares even glove is dwntrend. Jan 2023 will be Serba endgame in the O & G sector. The ending will be Pak Karim will have to sacrifice himself in order to satisfy the banks. Just like ironman head to head collision with Thannos and vanished from Bursa Malaysia in order to complete the Serba saga ending !

My best advice for investors are to storm Menara Serba Dinamik on Monday morning and interview Pak Karim strategy. Whether he applies Sun Tzu art of war against his enemies ( the banks ) an disguise them so that Serba will continue to operate and stay afloat. Otherwise investors need to stay out of trouble as always the best advice from Robocop and upholding the law. If Pak Karim says will fight till the last drop of his blood like Mat Kilau then get your Kit Kat and Twisties on the double and njoi the show for the next 4 months !

Most public companies do not border on their financials. Money taken out to finance their lavish lifestyle as they are successful. Until the final day comes, they have to dig deep into their pockets to save the company. Otherwise there have to face the repercussions. Pak Karim was once one of the richest bumi entrepreneur in Malaysia. Now he has to take the lead to save the company or vice versa. We will see his skills, rapport, relationship and leadership in the coming days weeks & months to save Serba. In the meantime stay tune for more news from Serba HQ and take a break with some twisties and Kit Kats.

Finally the non-independent and dependent directors may need to contribute cash to ensure Serba to stay afloat and share buy-back in previous AGM meeting. The audit saga clearly taught all public listed company not to mess around with financials as there are investors monies. If Serba face bankruptcy all directors served as a guarantor will also face bankruptcy and legal action domestically and internationally. The repercussion is huge. There are also many companies like Serba poorly manage of its financials in Bursa. Time bomb is tickling pending Serba HQ more announcements or face consequences in 4 months time. Bank is always banks and they always chase their monies. Unless Serba seek assistance from BNM like what Sapura has done.

Well, looking into the accounts Serba still have 6.4B in assets. No wonder banks are so interested to liquidate Serba. The questions are has Serba exhausted all the ideas to save the company. Just like Sapura with oil at USD80 per barrel even in recession still able to floats with a whopping of 11B in debts. Too hard for force Sapura into bankruptcy as institution invested billions of ringgit into this company. In June which Serba CFO indicated that able to pay back every single cents. Serba cash is tight and cash is King. Will Serba merged with its siblings SCIB & Kpower to obtain cash to stay afloat ? Will Serba downsize to liquidate some cash in its assets ? Will Serba bought over by another company ? Miracles could happen. The end game of this IT final chapter saga is Jan, 2023. The end of Serba marks the end of a capable Bumiputra company of Malaysia down by hidden hands. All started with Serba itself with KPMG audit saga, then Bursa holding back the case for too long and now for economic reasons it runs again but facing dire straits in the accumulation of debts. The count down still on for another 4 more months for the final moments of Serba. Stay tuned for more stories from Serba HQ.

Global stocks sell off. The perfect storm is cumming to China, Europe and Asia..

Embrace heavy sell down today

Besok all tech stocks will free fall ya....Nasdaq melt down

This week sit down

23 cents

Hello...another sell down on Thursday as Europe in recession. Sfptech where can make so much money during recession

Too bad. No one is able to escape from the black hole gravity. Too strong to escape from the velocity

All the way down. Nasdaq is melting today. Thirsday another heavy selling as Europe CPI will be announced

free fall tomorrow. Heavy discount round 1. Round 2 on Thursday after Europe CPI announced

Hahaha...good luck. CPI is 8.3. Tomorrow heavy sell down on everything especially Tech stocks. Good luck

Time to reduce holdings or face consequences as oil retreat more prior Fed meeting.

Ok. Time to meltdown soon. Nasdaq will burst soon

Oil expect to plunge further when Fed deliver another huge rate hikes to battle inflation. Slowing oil demand is inevitable

Reduce oil holdings for any rebound. Support broken at USD90. Next support to be broken is USD85.

Embrace impact on slowing economy to battle inflation by Fed and demand for oil vanishes.

Gd morning. As discussed oil will extend sell down due to massive drop and fear of recession.

Very difficult situation but the answer is quite clear. Samsung mobile division registered huge blow in their sales as economy slows and cost of living up. Could digital sales sustain ? Fed about to deliver a huge rate hikes to shrink the economy and to bring down the CPI which below 8.1 and more. Will you buy more gadgets when the economy shrinks ? Will there be more people to flock out deep in their pockets for a nice tablets and handphones like Samsung Galaxy Fold 4 ? Maybe not. The answers lies on you whether to go for this counter or vise versa.

Prices of Agmo already peaked. Fed will deliver rate hikes soon, a blow to the economy. How far Agmo can go ? Unless a new breakout or breakaways. Stay side ways as GE15 around the corner and stocks will be cheaper at discounted price.

In order Serba to survive they have to handle the banks first. Nasty banks are asking to repay the loan or face liquidation. Just like pointing a gun at your head. Disposal of assets are inevitable and appointment of special independent reviewer is imminent to protect Serba . Second Serba must fully utilise all their assets and keep 100 % utilisation and secure more projects. All monies must re-invested into the company. Then at the end of the day then Serba can see the light. A positive quarterly results are precursor for turnaround. All these must be submitted to Bursa as part of the regularization plan to turnaround in their financials and free from PN17. Then only Serba can move the price to the previous level. Difficult and challenging but possible. Buy a nasi lemak for Pak Karim to reveal in the press !

Frankly speaking l do not think oil rally will last. Fed about to deliver the huge rate hikes without remorse on the economy. Second Malaysia is moving towards GE15. Big guys will dump shares on big companies. It will be a tragedy for all to have holdings at this price.

Lessons learned if recession occurs no way oil can last at even USD90 per barrels. Oil will go down even lower to USD50 & below. As economy will shrink so less utilization on oil. Only customer staples are more worthy as even recession consumer need them as basic needs. Prudent investors should reduce holdings on oil unless you are a gambler than make a huge loss when the oil prices sink. Not even OPEC can help you as they also need quantities to survive and sell. How long they can stand by cutting production you sell less.

Nice cumming down to 4 and below. Recession fear will be peak when Fed deliver a huge rate hike this month

Durian runtuh on the edge

Game over ? You are wrong. Actually game has just begun as optimistic towards tech stocks

Time to dive as Nasdaq another melt down from Fed interest rate hike without remorse

Serba will rise to 30 cents at pre-suspension level if everything on track due to market capitalisation

Conclusions by hooks or by crooks must get Serba moving forward. Cheers !

Looks like Serba can be saved and rise again if keep operating, as long as there is gas demand and financial help

Could Serba request BN to restructure debt like Sapura. Sky will be brighten then

https://www.theedgemarkets.com/article/sapura-energy-gets-bank-negaras-nod-restructure-debts-multicurrency-facilities-lenders

Set to buy @ 20 cents. Kiss kiss

Take note SNS is looking after the hardware

Gonna drop more till your balls drop...go ahead and rally. Remember to keep some balls

Dive more. Big Interest rate hike soon on Sept 9. Save your bucks when the sales for stocks begin