At this price, not possible to lose money if you have holding power. The price now is before Dtk Karim took over. This counter delist, also not possible. Don't let go of cheap tickets for others. This is my opinion. Do your own judgement.
A cook counter is worth zero. Honesty is very important in stock market. Airasia, sapura, berjaya and etc are honest with their losses and dont report fake revenue and projects. Thus banks are still willing to fund them.
Is it crazy, PLC cant report account correctly, fake net profit 44million for 6 quarter? The CFO brain useless?
Crazy if invest a PLC cant even produce their correctly. Bank will pull out all loan....SC should start query them.
What kind of idoot still interest in invest a PLC don't know how to produce acc......
Sarawak32 quote At this price, not possible to lose money if you have holding power. The price now is before Dtk Karim took over. This counter delist, also not possible. Don't let go of cheap tickets for others. This is my opinion. Do your own judgement. 03/01/2022 9:33 AM
The audited account not out yet. You only suspect and this is just an assumption. Pls don't create an emotion of fear here. Worst is court case for Serba haven't start, meaning to say that Datuk may be a victim of all this issue.
Nikmon Is it crazy, PLC cant report account correctly, fake net profit 44million for 6 quarter? The CFO brain useless?
Crazy if invest a PLC cant even produce their correctly. Bank will pull out all loan....SC should start query them.
What kind of idoot still interest in invest a PLC don't know how to produce acc......
Sarawak32 quote At this price, not possible to lose money if you have holding power. The price now is before Dtk Karim took over. This counter delist, also not possible. Don't let go of cheap tickets for others. This is my opinion. Do your own judgement
You are just making assumption of the accounting issue. Court case haven't start for serba. Pls don't create fear unnecessarily here. Datuk K maybe a victim here and that is why he sue Relevant parties involved.
Nikmon Is it crazy, PLC cant report account correctly, fake net profit 44million for 6 quarter? The CFO brain useless?
Crazy if invest a PLC cant even produce their correctly. Bank will pull out all loan....SC should start query them.
What kind of idoot still interest in invest a PLC don't know how to produce acc......
Sarawak32 quote At this price, not possible to lose money if you have holding power. The price now is before Dtk Karim took over. This counter delist, also not possible. Don't let go of cheap tickets for others. This is my opinion. Do your own judgement. 03/01/2022 9:33 AM
Are you idoot, Karim has charge on SD account, not SCIB. SCIB account was incorrect,
unaudited 44 million net profit vs audited 4 million loss.....is this fake account? Why 50 million different. What assumption you are talking? No court case on SCIB yet?
44million fake net profit for 6 quarter? What is the SCIB CFO brain?rubbish?
Sarawak32 quoted You are just making assumption of the accounting issue. Court case haven't start for serba. Pls don't create fear unnecessarily here. Datuk K maybe a victim here and that is why he sue Relevant parties involved.
at this current price, scib won't fall much anymore. 20 cents is a very low price. my suspicion is the management is delaying the AR to get more contracts once open next month might have a mini pancutan upwards. unlike SD where there formal fraud charges are being brought, SCIB is not a fraud and it is not falling into PN17. Anyone can think whatever they want but it is a fact that the auditor's qualified opinion is not too severe as those contracts are already terminated by SCIB. so long as SCIB can find more contracts to cover back the terminated one, this company is good to go.
Terminating contracts to bury past wrongs and not disclosing proper details and paperwork to the Auditors is just plain wrong. If nothing is wrong, if no thieving, no fraud why no proper paper trials, why not fully disclose? Anyone who has worked in a Public Company will know that contracts and movement of large sums of money will know that there is no such thing as no proper paper trail! Any payments big or small will need multiple layers of checks and authorizations. Any contracts signed will properly go through lawyers and due diligence processes all properly documented and recorded. Being unwilling to disclose, or hiding/destroying the paper trails will Inevitably mean the Auditors will not be satisfied with the accounts, and result in a qualified Auditors opinion. In this case the Auditors are waving a huge red flag.
If it looks like fraud, and it smells like fraud, then stay away from it.
so you mean if you cheat then you payback is ok? lets hope you are not in law enforcement!!!
Do you know the difference between qualified opinion and unable to express an opinion?
......................................................................................... Posted by thestockoracle > Jan 8, 2022 2:22 AM | Report Abuse
at this current price, scib won't fall much anymore. 20 cents is a very low price. my suspicion is the management is delaying the AR to get more contracts once open next month might have a mini pancutan upwards. unlike SD where there formal fraud charges are being brought, SCIB is not a fraud and it is not falling into PN17. Anyone can think whatever they want but it is a fact that the auditor's qualified opinion is not too severe as those contracts are already terminated by SCIB. so long as SCIB can find more contracts to cover back the terminated one, this company is good to go.
karimorkaram Perompak seperti Karim telah menjatuhkan maruah muslim di Malaysia. Tabung Haji dan PPIM hanya akan terus menjatuhkan maruah muslim di Malaysia jika mereka terus BERSUBAHAT melindungi perompak seperti Karim.
Dah biasalah kita kena rompak, mula-mula cerita shop lot auditor, tiba-tiba pula resign (Cabut), yang rompak dana negara dan disabit salah pun masih boleh pergi Singapura, semua nama Board of Director dah terkenal dah busuk !
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Posted by InsiderShark > 2022-01-02 11:59 | Report Abuse
karim must be the first person to cook 3 counters at once, nobody done this before. and also cooked the biggest, prior to that was transmile.