Posted by Legend > 2021-11-11 17:30 | Report Abuse

haha

Posted by Legend > 2021-11-11 17:31 | Report Abuse

kutip buah kelapa sawit

Posted by Investor48 > 2021-11-11 18:16 | Report Abuse

Sh*t has hit the fan..
But price still can tahan leh..
Who support..??

Hehe...

Posted by kfbusjd > 2021-11-11 20:27 | Report Abuse

个人是觉得还好karim去告EY， 现在高庭也介入了，karim不想出报告都不行了。死也要做个明白鬼吧，好过像sumatec到今天都没消息了

Posted by Jenny > 2021-11-11 21:10 | Report Abuse

kfbusjd 你卖了吗？保本第一。这个公司已经没希望了。保本还可以翻身，不然等下连翻身的机会都没有。 Serbadk 走到这一步已经很明显的告诉你他做假账了。做假账的公司是不可能翻身的，银行，债主，客户全部都会离他远远的，这就是连锁效应了

Posted by Jenny > 2021-11-11 21:11 | Report Abuse

其实不必等高庭判决都知道E&Y 的报告是怎么样的。别自欺欺人吧。

Posted by kfbusjd > 2021-11-11 21:14 | Report Abuse

股价也已经下了80% 没什么好止损了的。倒不如拼一下。毕竟kpower不是serba，mustakim的脸看起来也不是城府很深的那种。

Posted by kfbusjd > 2021-11-11 21:16 | Report Abuse

karim要丢kpower的票就快丢吧，说不定少了karim这家公司才有希望重新站起来。

Posted by kfbusjd > 2021-11-11 21:20 | Report Abuse

反正现在最想看到的就是EY报告了，管他多糟，也能看看karim怎样自己毁了自己的3间公司。

Posted by Jenny > 2021-11-11 22:00 | Report Abuse

你不打算保本吗？如果跌到30sen 现在53sen 你还要亏30～40%左右

Posted by kfbusjd > 2021-11-11 22:19 | Report Abuse

你用现在的价钱往下算当然就30-40%， 你用我的价位 2.12算就不一样了，再下也就都亏几个%也不差那一点了。

Posted by NatsukoMishima > 2021-11-11 23:11 | Report Abuse

@kfbusjd 个人是觉得还好karim去告EY， 现在高庭也介入了，karim不想出报告都不行了。死也要做个明白鬼吧，好过像sumatec到今天都没消息了

__________________

作假帐是要坐牢的，打死都不可以公开，唯有托个十年二十年再说!

Posted by kfbusjd > 2021-11-11 23:29 | Report Abuse

公开才是最好的选择不是吗，sumatec老板做假账被罚坐牢1天+100万而已，对karim来说应该不是太大的数目。好过现在他拖拖拉拉把3间公司都弄废了，亏的还比100万少吗？至少亏多几十上百倍吧

Posted by kfbusjd > 2021-11-11 23:37 | Report Abuse

除非 karim的问题比sumatec还要大很多。

Posted by newtrader1989 > 2021-11-12 02:00 | Report Abuse

Everything is fake, even krim done plastic surgery of his face. Lolz

Posted by everest29029 > 2021-11-12 04:47 | Report Abuse

try to avoid all the companies & banks with exposure to serba, scib & kpower. It will be an Evergrande's moment on a smaller scale.

Posted by Legend > 2021-11-12 07:42 |

Post removed.Why?

Posted by PSAi3alert > 2021-11-12 07:52 | Report Abuse

calvintaneng,

Still waiting for answers from you

Jul 30, 2021 7:23 PM

calvintaneng,

Perhaps too much working from home is causing your contacts to have temporary memory loss.

Both Mustakim Bin Mat Nun and Amirul Afif Bin Abd Aziz are indirect shareholders of One Hydro Power Sdn Bhd, which in turn is a wholly-owned subsidiary of OHP Ventures Sdn Bhd. In fact Mustakim Bin Mat Nun Amirul Afif Bin Abd Aziz, and Zainal Azwadi Zainal Abidin are also directors of OHP Group.

I will now answer those questions that have been posed.

When KPowernet accepted the award by Zhenghong for the Nam Taep 1,2,3 Hydropower Co Ltd ("NT") project valued at USD40.7M in June 2020, the same project that was awarded by NT to Serba, valued at USD66.2M, in July 2018 ought to have been terminated.

You just cannot sell the Brooklyn Bridge twice. Furthermore, Mustakim, Amirul and Zainal ought to know since all three of them are directors of the OHP Group and OHP Group has 35.7% stake in NT.

The impacts for Serba are now:

--->>> Serba will need to write-off RM20.99M from its receivables for the hydro power projects in Laos (FYE 2019: RM12.326M, 15months ended 31-03-2021: RM8.664M)

--->>> Serba will need to write-off RM3.36M (USD800,000) for it's 34.3% stake in NT because Zhenghong is now allegedly the owner for the hydro power plants (the 49% stake in OHP Ventures was purchased form OHPVSB in Oct 2018. OHP Ventures has 70% share in NT)

With the NT and Serba confusion out of the way, we will now try to understand the awards by Zhenghong Building Road and Bridge Construction Co Ltd.

KPowernet announced 2 awards by Zhenghong:
- USD40.7M in June 2020 (3x5 megawatt Nam Taep 1 and 3x5MW Nam Taep 2 hydropower project)
- USD15.88M in Feb 2020 (8 megawatt Nam Samoy hydropower project)

Zhenghong Building Road and Bridge Construction Co Ltd is a company registered by Zheng FuJun in Laos. Zheng Fujun has also registered 3 other companies in Laos - Lao Fanya Marble-Granite Rock Co. Ltd, Lao Fanya Agriculture Investments Co. Ltd and Lao-China Yuan Sheng Real Estate Development Co. Ltd.

None of those companies registered by Zheng FuJun has a power purchasing agreement with Electricite du Laos. Without a PPA in place, it will be impossible to obtain fundings.

Even with a signed PPA, funding will be challenging because of a situation of over-capacity of hydropower plants and debt levels that have resulted in the downgrading of the country's rating to CCC.

Of the 90 hydropower plants that have been planned, 56 plants are in operation with a total capacity of 8,768 Megawatts. Thailand and Yunnan Province in China have had an electricity surplus in recent years and have reduced their demand from Laos.

I do have a couple of additional questions:

--->>> Question: How much of the USD40.7M (3x5 megawatt Nam Taep 1 and 3x5MW Nam Taep 2 hydropower project) contract has been recognized as receivables by KPower?

--->>> Question: How much of the USD15.88M (8 megawatt Nam Samoy hydropower project) contract has been recognized as receivables by KPower?

( p.s. Please ask your contact to update the information at https://www.ohpgroup.co/houaphan and https://www.ohpgroup.co/vientiane before they get more confused themselves)



calvintaneng PSAi3alert

Your question is noted
I still trying to contact person in charge now working from home

Once got will update you

In any case all the negatives have been priced in
29/07/2021 1:07 PM


PSAi3alert calvintaneng,

Have you obtained answers for the following questions?

Questions

In July 2018, Serba got awarded a USD66.2M project by "NT" for the 3x5MW Nam Taep 1 and 3x5MW Nam Taep 2 hydropower energy facility

In June 2020, KPower announced the award by Zhenghong Building Road & Bridge Construction Co Ltd for the 3x5 megawatt (MW) Nam Taep 1 and 3x5MW Nam Taep 2 hydropower energy generating facilities

--->>> Question: How can Zhenghong award the same project to KPowernet for US$40.7mil in June 2020, when NT already awarded the project to Serba for USD66.2M in July 2018?
--->>> Question: Has NT terminated the contract that was previously signed with Serba?
Nam Samoy Hydropower Co. Ltd. was already listed at the developer of the Nam Samoy project that was intended to qualify as a CDM project in a 2014.
--->>> Question: How can Zhenghong award the same project to KPower in Feb 2020?
--->>> Question: Is there any evidence to show that Zhenghong has signed PPAs with Électricité du Laos for both projects?
--->>> Question: Since Fitch has downgraded Laos country rating to CCC, how are the projects going to be funded?

Posted by everest29029 > 2021-11-12 08:17 | Report Abuse

more drop coming...

https://www.theedgemarkets.com/article/sc-says-serba-dinamik-probe-ongoing-backs-ey-special-review

Posted by 8dragon > 2021-11-12 08:40 | Report Abuse

Sell b4 you get nothing like SD and scib....

Posted by leno > 2021-11-12 10:26 | Report Abuse

From Annual Report (page 77)

AUDITORS’ INDEMNITY
To the extent permitted by law, the Company has agreed to indemnity its auditors, Al Jafree Salihin Kuzaimi PLT, as part of the terms of its audit engagement against claims by third parties arising from the audit (for an unspecified amount).

It only take one shareholder to highlight this to Bursa, and Karam Power will Karam.
It only take one shareholder to request for FULL audit, and Karam Power will Karam forever.
Chances are Bursa is already put up a team to look and scrutinize Karam Power accounting.

What happen if Karam Power suddenly got Suspended like Sebak ?

Posted by newtrader1989 > 2021-11-12 11:01 | Report Abuse

Raise your hand those who want to buy at 0.52c ?? Lolz

Posted by Flying Fox > 2021-11-12 11:13 | Report Abuse

You will see Karim has been selling his shares whenever he got opportunities. Look like conman is trying to cabut

Posted by newtrader1989 > 2021-11-12 14:48 | Report Abuse

Sympathies to those trapped at 60c and did not wait for the fair value

Posted by leno > 2021-11-12 15:34 | Report Abuse

nta 31 sen only
fake some more.

Posted by newtrader1989 > 2021-11-12 15:56 | Report Abuse

SC will instruct bursa to release the Serba SIR which will confirm the frauds. After that just imagine what will happen to kpower. Maybe below 10c

Posted by newtrader1989 > 2021-11-12 16:44 | Report Abuse

Krim will dispose his entire stake in kpower to repay the serba bond coupon. Be careful

Posted by Legend > 2021-11-12 16:48 | Report Abuse

No power today.

Posted by Stock Kingdom > 2021-11-12 17:14 | Report Abuse

No one will dare to lend money to Karim at this moment of time.

Karim has been digging hole for himself and soon he will find himself in a no man land

Posted by Stock Kingdom > 2021-11-12 17:18 | Report Abuse

Go ask Police, when someone is not cooperative or create issues during the investigation, common sense will tell you that something is not right.

----------------------------

In the course of its investigation, the SC said it received and granted a request from EY to have access to documents and evidence seized by the SC during the raid as EY was having difficulties obtaining complete documentation from Serba Dinamik on several aspects of its review.

----------

everest29029 more drop coming...

https://www.theedgemarkets.com/article/sc-says-serba-dinamik-probe-ong...
12/11/2021 8:17 AM

Posted by ivanlau > 2021-11-12 18:20 | Report Abuse

Today closing 0.515. I am wonder half boiled egg CalvinTan still confident this stock or not ?

Posted by newtrader1989 > 2021-11-12 18:36 | Report Abuse

CT long time run already. He can only post rubbish articles regarding global warming, floods etc... He cannot say bad about krim counters else will be sued so dont expect him to turn up and say the truth

Posted by kfbusjd > 2021-11-12 20:21 | Report Abuse

对也好错也罢，SC bursa连高庭都介入了，还是快点把SIR放出来吧。把事情越搞越大就越难脱身了，等下罪状越来越多

Posted by VenFx > 2021-11-12 20:34 | Report Abuse

karim has been the vital poison

to these listed company
since he/his macai rendered their finger on:
I-stone(aimflex)
esceram (luckily the connecting has broken)
kpower(waiting to be cut, to settle karim's margin call ?)
Scib (already damaged, the worst yet to come)
Serbakd (mother of all skam , after Lam-bo/Fokus dynamic/Fintek) ?

Posted by VenFx > 2021-11-12 20:35 | Report Abuse

0.350 is coming fast ?

Posted by NatsukoMishima > 2021-11-12 22:51 | Report Abuse

The Fitch rating system is as follows:

Investment grade

AAA: companies of exceptionally high quality (established, with consistent cash flows)
AA: still high quality; still has a low default risk.
A: low default risk; slightly more vulnerable to business or economic factors
BBB: a low expectation of default; business or economic factors could adversely affect the company

Non-investment grade

BB: elevated vulnerability to default risk, more susceptible to adverse shifts in business or economic conditions; still financially flexible
B: degrading financial situation; highly speculative
CCC: a real possibility of default
CC: default is a strong probability
C: default or default-like process has begun
RD: issuer has defaulted on a payment
D: defaulted


Karam stocks are belong to which grade ??

Posted by Edwin0908 > 2021-11-13 13:20 | Report Abuse

Grafde C

Posted by VenFx > 2021-11-14 09:07 | Report Abuse

Karim still cant see the tail lamp compared to Former CEO of Aokam Perdana Berhad - The Late Teh Soon Seng

Type Teh Soon Seng.... how he rocked Bursa even at international level.

Posted by NatsukoMishima > 2021-11-14 14:43 | Report Abuse

SC n bursa next target is ................????

Posted by yemes35202etoymail > 2021-11-14 20:06 | Report Abuse

shareholder?

Posted by everest29029 > 2021-11-15 07:08 | Report Abuse

https://www.theedgemarkets.com/article/sp-downgrades-embattled-serba-dinamik-cc-missed-sukuk-coupon-payment-outlook-negative

Posted by Legend > 2021-11-15 08:55 | Report Abuse

Good morning...

Posted by newtrader1989 > 2021-11-15 09:26 | Report Abuse

Raise up your hand ..............

Posted by neohts > 2021-11-15 09:43 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3204978

Statement to shareholders in relation to the proposed renewal of share buy-back authority for the purchase up to ten percent (10%) of the total number of issued shares of the Company

Posted by beyond2288 > 2021-11-15 09:57 | Report Abuse

0:30

Posted by SHQuah > 2021-11-15 11:17 | Report Abuse

50 cents support very strong. Company do not have any problem with quarterly and Annual report.

Posted by Yu_and_Mee > 2021-11-15 12:02 | Report Abuse

The power is back!!!!!!!!!!!!!!! Spiritually support those brave buyers!!!!!

Posted by neohts > 2021-11-15 12:17 | Report Abuse

The power very strong

Posted by newtrader1989 > 2021-11-15 13:07 | Report Abuse

New project for samaidin and pekat,but sorry none for fake fundamental companies

Posted by newtrader1989 > 2021-11-15 14:36 | Report Abuse

Dont get trapped hahaha