KPMG about to issue a qualified audit report. By changing the FY, Serba avoids that and gives themselves time. But, really, normal people do not change FY because audit not finished. Normal people ask for extension of time from Bursa.
Serba Dinamik shareholders should diversify their holdings into safe havens (Defensive stock) that are undervalued (Value stock) and which has shown year-over-year growth (Growth stock) during the pandemic and unprecedented times
The Top DEFENSIVE + VALUE + GROWTH Stock is MMC (2194)
Note: MMC's auditors are PricewaterhouseCoopers (PwC). It is considered a Big 4 accounting firm
But to those within the industry, it is known as the top accounting firm. (Note: PwC is the only accounting firm that remains untainted by the 1MDB saga)
THE Institutional Investors Council (IIC) views on the controversial matters are stressed with good basis. Serba Dinamik seems to stink of ' cooking ' the books..
its odd as some company without a good revenue & profit price go up like hell (DATAPREP) & genuine company like Serba (with good profit & dividend) which have good result been scrutinize like this. Will monitor & collect its shares (at discounted rate)
My own red flag in Serba IT - no system PO ever raised from Petronas Carigali company to Serba Dinamik IT Solutions Sdn Bhd vendor, but in Serba IT website it mentioned Carigali as one of its client. Just a short 15 minutes system search, believe it or not...
Evil triumphs when good people do nothing, thank god for KPMG in this case!
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Posted by brian3381 > 2021-05-30 20:26 | Report Abuse
True true. Must catch all these crocs