Loss making company. Gonna melt down soon

Too bad. Lost contract still buy this counter. Now your cash burned

Down 30% in a day. Crazy discounts...

Break support 0.535. Will touch 0.52

KUALA LUMPUR (Feb 21): Sports Toto Bhd’s net profit grew 21.77% to RM64.86 million in the second quarter ended Dec 31, 2022 (2QFY2023) from RM53.26 million in the same period last year, primarily due to improved results by its principal subsidiary company STM Lottery Sdn Bhd.

The group's quarterly revenue rose 13.07% to RM1.41 billion from RM1.25 billion. It declared a second interim dividend of 2.5 sen per share amounting to RM33.74 million, to be paid on April 21.

https://www.theedgemarkets.com/node/656167

As an international country gaming is part & puzzle of attracting investors and also government revenue. Malaysia legal gaming and selling liquors and tobacco have been for years in Malaysia contributing steady income for government / state and attract billions of ringgit in Bursa Malaysia. Due to political agenda Bursa wipe out 2.76 billion of value and state and government revenue are significantly affected. Political agenda should focus on other things but not affecting government/ state revenue. Just like in US we have Las Vegas as an attraction for tourists. Otherwise Malaysia will become the old days and cannot progress. Shame on those politicians who does not know what is right things to do but only know how to do things right !

Political agenda. Government revenue suffers

Nylex in Shah Alam was once a polymer company dealing with chemicals substances

Gd advice rr88. Yes, wtf a chemical company intend to build LRT. Just to blow the market off

Political agenda, government revenue suffers

As predicted Serba need to turn to ashes before can be resurrected as the phoenix or forever become a permanent ashes and join the nature of organic. Could Serba be re-incarnated ? Decision on the 9-03-23 and announcement on the 10-03-23. Serba endgame the final chapter.

https://www.google.com/amp/s/headtopics.com/my/serba-dinamik-director-cites-national-strategic-interests-to-stay-winding-up-order-the-malaysia-35056718

Bear in mind this forum is for sharing and nothing to influence or even promoting. Whether true or false all must explore. In this connected world information are plenty. All are prudent investors with objective to make monies. It is not a place to demonstrate your anger or cursing. Better be good news to share rather than bad news. If you can't forgive yourself then go elsewhere to seek for forgiveness. It is a pity you are unable to forgive yourself. Tqvm

Serba endgame the final chapter will be on the 9 March, 2023. Another auspicious day in Chinese it means Forever Alive or 9-3. The verdict is final before the ship sail again. Regardless whether you are an investor or zombie, small or big shot you will also have to face the end of days or hari kiamat. Mark the date for the final sailing or where the final verdict is delivered. Good luck to all.

Crash crash...run for your life. Ka..boom

Semoga Pak Karim dapat penyelesaian sebelum investor yang sedang mengamuk kerana gulung tikar

https://www.dagangnews.com/content/usaha-memulihkan-serba-dinamik-bukanlah-satu-tugas-mudah-abdul-karim-23047

Rocket no power. Engine failure.

That is what l call sell down. Pity those who did not sell sooner !

Being the judge l am looking at a broader perspective rather than on guard on Serba like everyone does

Winding up Serba is not an issue. But the real issues are the bank and government institutional and others able to absorb the losses. Can Serba a renown bumiputra company can be rectified ? Will the O&G sector able to recover in 2023 ? How about thousand of workers goes jobless and you are one of them. Economic reasons for winding up must be seriously weighed. How about Bursa reputation in treating this Serba case ? All these will have chain reactions and ultimately will affect all stakeholders including all future and current investors in bumi companies.

Hmmmmm.... It is Bursa requirements that all annual report to be certified by auditors. Why worry ? Otherwise will be red flagged. For Serba it is just another mistake that they should learn about corporate governance in the future but already forgiven by the law. In Malaysia boleh land everything can be corrected and everything is possible. If Serba is given a second chance the shares will rise based on investors sentiment and not by individual interpretation or opinion. Stay tuned to watch Serba ending on i3 for the final episode of Serba Dynamite in a day or two.

Just like Scomi already work themselves out from PN17. It takes times. O n G is profitable business

Serba endgame is final by then. Post credits to Bob and Mabel and many who contributes

3 Feb is 13 days of chinese lunar year represent rise alive. What an auspicious day this day if Serba rise from the ashes

If heavily debts Sapura Energy can survive there is no reason that Serba cannot be the same. Both are having institutional and banks investors. Oil & Gas is a profitable business !

Feb 3 will be the day the Phoenix to rise from the ashes. Long live the immortal Serba and all the ship is ready to sail again to greater heights !

https://www.theedgemarkets.com/node/653461

Such a big gap will leave a very dangerous point for investors to loose money without any materialization on the profits. Stay away before get caught !

Hehehe...time to retrace at 0.415. Support level...trap

oops..already max. Tomorrow water fall

Hehehe...nice way to loose money...

Mayday mayday dumping in progress. Lari. Run for your life

We would like to assure everyone that we will be able to get back on track and continue to rebuild Serba Dinamik to greater heights," he said.

"We anticipate resolving the statutory issues through a three-year programme, tracked with milestones. The process may seem to have taken a little longer than expected, but we are confident that we will see better times ahead," Mohd Karim said.

As mentioned the phoenix must die first and turn into ashes and only then can be ressurrected and become even stronger than ever with the Chairman leadership.

https://www.marketscreener.com/quote/stock/SERBA-DINAMIK-HOLDINGS-34837516/news/Serba-Dinamik-We-trust-our-bosses-to-save-Serba-Dinamik-says-company-SVP-42750140/

If trading resumes it is definitely good news. Now let's see how our Chairman will save the company using his political connection. Negotiations in progress to dispose some of the assets to shut the banks from complaining. Karim will prepare the regularization plan to submit to bursa in a month's time to resume trading. Serba just suffer some statutory issues and will be resolved immediately as promised. Long live Serba !

Remember this is Malaysia boleh. Not overseas. Even charge with corruption also can become. Malaysia boleh Deputy PM !

Phoenix need to die first then ressurected and becomes stronger than ever said Chairman

Rise of the Phoenix. Immortal bird that never dies. The connection and the bolehland. Malaysia boleh.

Court of appeal now is having a new leader from Sarawak. Main shareholder in Serba is Sarawak government. Now is time for Abdul Kadier to do his link and job as stated as he has a strong link in Sarawak government ! Malaysia boleh !

https://www.freemalaysiatoday.com/category/nation/2023/01/16/sarawaks-abang-iskandar-is-new-court-of-appeal-president/

Well my questions are simple. Aren't Serba has it own annual report and why are they not address by KPMG every year. Why accounts are unverified ? As such how to come to a conclusion that Serba lost 5B whilst accounts have not completed its task. Do you think this is over exaggerate on Serba. Finally such a big discrepancies how Serba can release the AR 2022 ! I think we are not in the picture and let the authorities and more qualified people to handle. Neither anyone in this forum can comment otherwise if you are auditing Serba or handling the case in reality. Let us see how Serba management deals with the issues. Finally penalty is agreed by court. What can you say. Just like an accident if you are wrong you will be saman for RM300. After pay, punishment is completed. Do you understand !

Great job Bursa. That will affect PH government l guess !

Let's see how Serba ends. Market dictates how far Serba shares will go. Not this forum or you amd me

Hello BobAlelrod. Are you insider or another dissatisfied investors with a vengeful on Serba ?

no trust on bursa and malaysian companies. just like kids. suspend, resume, suspend, resume..hahaha

Bursa and Serba want to fight, fight in the ring but let your investors go first. damage the financial system

Of course not me..larr. bought at 1.60. only those investors who bought them previously..but l pity them